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Foreign Ministry spokesperson Mao Ning presided over the routine press conference on May 19th. During the meeting, a reporter asked: "Moody's has downgraded the credit rating of the United States from the highest level of Aaa to Aa1 and issued a warning about the level of U.S. government debt. How does China view this rating downgrade?" Mao Ning responded by saying that the United States should take responsible policy measures to maintain the stability of the international economic and financial system and to safeguard the interests of investors. (Global Times)