“In this way, it would also have a negative impact on China’s economy,” she said.
Chinese officials have used the opportunity to criticise the United States over its domestic political bickering.
“We demand that the US side, as the issuing country of the major reserve currency and the largest economy in the world should undertake its due responsibility,” Vice Finance Minister Zhu Guangyao said Tuesday.
He said a US debt default would be a “very dangerous situation” and urged Washington to address interest payments as a priority should that occur.
Chinese state media has gone even further, with the official Xinhua news agency calling for a “de-Americanised world”.
“What may also be included as a key part of an effective reform is the introduction of a new international reserve currency that is to be created to replace the dominant US dollar,” it said.
China has been seeking to make its own yuan unit more accepted internationally but its lack of free convertibility means it is far from rivalling the mighty dollar, analysts say.
The Xinhua editorial also called for emerging market economies to have a greater say in multilateral institutions such as the World Bank and International Monetary Fund.
“Stagnation in Washington has again left many nations’ tremendous dollar assets in jeopardy and the international community highly agonised,” it said.
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