[Ministry of Foreign Affairs: urges the US side to earnestly adopt responsible fiscal and monetary policies to jointly maintain international economic and financial stability] Financial Associated Press, 8 June, Foreign Ministry spokesman Wang Wenbin held a regular press conference. According to a reporter's question, it is reported that the "Global debt Monitoring report" recently released by the Institute of International Finance shows that the amount of global debt currently reaches 305 trillion US dollars, which is 45 trillion US dollars more than that before the outbreak of COVID-19. Among them, the national debt of the United States ranks first in the world, reaching 31.4 trillion US dollars, which has further triggered international concerns about US government spending and borrowing costs. How do you comment on this? Wang Wenbin said: as the world's largest economy and the issuer of major international currencies, the fiscal situation and policy choices of the United States have an important spillover effect on the world economy and should adopt responsible fiscal and monetary policies. However, the United States has long abused the hegemony of the US dollar, wantonly borrowed money to pass on the crisis, adopted a policy of unlimited quantitative easing, and exported inflation to the world, thus worsening the debt problems of some emerging markets and developing countries, and seriously hampering the global economic recovery. this once again confirms the famous saying of US Treasury Secretary Connery of the Nixon administration: the US dollar is our currency, but it is your trouble. Wang Wenbin stressed: we urge the US side to earnestly adopt responsible fiscal and monetary policies, strengthen macroeconomic policy coordination with other economies, jointly safeguard international economic and financial stability, and promote world economic recovery.