Cafferty said Chinese are ` not going to be able to buy our debt and we will have a lot of trouble paying it back'. They 're holding hundreds of billions of dollars worth of our paper . ` junk '' China says Cafferty violated the ethics of journalism . CNN says he was offering opinion about Chinese government , not its people . Online petition says remarks were `` racist '' and `` despicable ''
Cafferty said Chinese are ` not going to be able to buy our debt and we will have a lot of trouble paying it back'. ` junk '' China says Cafferty violated the ethics of journalism . CNN says he was offering opinion about Chinese government , not its people . Online petition says remarks were `` racist '' and `` despicable ''