� China Warns U.S. Debt-default Idea is "Playing with Fire" :����� Information Clearing House: ICH

� China Warns U.S. Debt-default Idea is "Playing with Fire" :����� Information Clearing House: ICH: "Republican lawmakers are 'playing with fire' by contemplating even a brief debt default as a means to force deeper government spending cuts, an adviser to China's central bank said on Wednesday.

The idea of a technical default -- essentially delaying interest payments for a few days -- has gained backing from a growing number of mainstream Republicans who see it as a price worth paying if it forces the White House to slash spending, Reuters reported on Tuesday.

But any form of default could destabilize the global econo"