×

China asks US to maintain stability of international financial system after Moody’s downgrade

By Thomson Reuters May 19, 2025 | 2:45 AM

BEIJING (Reuters) – China on Monday called on the United States to take responsible policy measures to maintain the stability of the international financial and economic system and safeguard the interests of investors.

A Chinese foreign ministry spokesperson made the comments at a daily press briefing when asked about Moody’s downgrade of the U.S. sovereign credit rating due to concerns about the nation’s growing debt pile.

(Reporting by Liz Lee and Beijing Newsroom; Editing by Muralikumar Anantharaman)