but cnn's jonathan mann looks at the worries around the world. >> reporter: while the debt ceiling debate drags on in washington, much of the rest of the world watches with growing concern. >> i am worried because this debt ceiling issue has not been cracked. >> reporter: and it's not just the head of the international monetary fund. people on the streets of beijing are aware the u.s. debt affects china's economy, too. >> translator: the crisis is not only limited in the u.s., but also in europe. we cannot say the u.s. is not powerful now. as a big u.s. debt-holder, china will for sure be affected. >> reporter: and in australia, too. >> it makes it much more expensive for tourists to visit australia. those parts of our economy exposed to the tourist sector, we've spent a lot of money promoting australia overseas, are not going to benefit from that. >> reporter: in tokyo some economic experts see history repeating itself. they compare the current u.s. debt crisis to japan's crippling recession of the 1990s. >> it's the exact replay of what we went through in japan 10, 15 years ago. >> repo

our jonathan mann brings us that. >> reporter: while the debt ceiling debate continues in washington,atches. >> i am worried. >> reporter: it is not just the head of the international monetary fund. people on the streets of beijing are aware it affects china's economy, too. >> translator: the crisis is not limited in the u.s., but europe. we cannot say the u.s. is not powerful now. china will for sure be impacted. >> reporter: and in australia, too. >> it makes it extensipenspensi tourists. we spent a lot of money promoting australia overseas. we will not benefit. >> reporter: in tokyo, some experts see history repeating itself. >> it is what we went through in japan 10 or 15 years ago. >> reporter: however it plays out in washington, the financial ripples will be felt around the world. >> it is an issue that is lurking in the background of the economy. >> reporter: jonathan mann reporting. >> what will it take to find a debt crisis solution? we will break it down for you. "get it done, the countdown to debt crisis" here on cnn on sunday night. >>> mobsters in a famous italian jail up