Biden Says United States Will Not Default On Debt

U.S. Vice President Joe Biden (left) with his Chinese counterpart Xi Jinping

U.S. Vice President Joe Biden has said the United States has never defaulted on its debt and never will.

Biden was speaking to an audience in Sichuan, the southwest Chinese province that is the second and last stop of his five-day visit to China.

Biden also told the audience at Sichuan University in the provincial capital, Chengdu, that China's investments in U.S. assets are safe.

Reuters