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August 8, 2011

China Blasts U.S. Over Credit Rating Downgrade

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China, the largest foreign holder of U.S. debt, demanded Saturday that America tighten its belt and confront its "addiction to debts" in the wake of Standard & Poor's decision to downgrade the U.S. credit rating.

Source: http://www.npr.org/2011/08/06/139047006/china-blasts-u-s-over-credit-rating-downgrade?ft=1&f=1014

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