Carried by China News Service (CNS), Hong Kong based Wenweipo published article on February 26, 2008, titled "United States facing an unprecedented credibility crisis". The article lists a few issues that negatively affected U.S.’s international image: war against Iraq and Afghanistan, gigantic military expense and fiscal deficit, missile defense system set up in countries outside U.S., and recent shoot-down of a spy satellite. The article stated that while U.S. often criticizes other countries for manipulating currencies, U.S. let its own currency to depreciate without control. "The conducts of U.S. makes world countries to show suspects on its credibility."
Source: China News Service, February 26, 2008
http://world.people.com.cn/GB/1029/6924836.html