Bank of China says confident US can deal with debt woes

BEIJING: The head of Bank of China, the country's biggest foreign exchange bank, said on Friday he was concerned about the debt crisis in the United States but expected Washington to deal with the issue.

"We are a little concerned, but we are confident that the US government should be able to solve this problem," said bank president Li Lihui, when asked whether he was concerned about the stability of the dollar and the US debt situation.

Li told reporters at a business roundtable.

Copyright Reuters, 2011