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US pressed to resolve debt by its big creditors China, Japan

Japan's finance minister pressed the United States on Tuesday to quickly resolve its political deadlock over government finances to avoid a fiscal crisis that could damage the global economy.

The comment from Taro Aso is the latest sign that Japan and China - the biggest foreign creditors to the United States - are increasingly worried that the U.S. government shutdown and the standoff over the debt ceiling could wreak havoc on their trillions of dollars of investments in U.S. Treasury bonds.

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