Biden calls China a 'ticking time bomb' due to economic troubles
- US President Joe Biden called China a "ticking time bomb" due to its economic challenges and weak growth, suggesting that when bad people face problems, they tend to engage in negative actions.
- Biden's remarks echo his previous comments in June when he referred to Chinese President Xi Jinping as a "dictator," which China viewed as a provocation.
- China's consumer sector experienced deflation and factory-gate prices continued to decline in July, indicating the possibility of slower economic growth in contrast to inflation in other parts of the world.
68 Articles
68 Articles
Biden describes China as "ticking time bomb" over economic problems
Beijing [China], August 12 (ANI):US President Joe Biden has cautioned that China’s troubles with high unemployment and an ageing workforce make the country a “ticking time bomb” at the heart of the global economy and a potential threat to other countries, according to the New York Times. “When bad folks have problems, they do bad things,” […]
Biden calls China "ticking time bomb" facing economic challenges
U.S. President Joe Biden has described China as a "ticking time bomb" in many areas, citing economic challenges such as high employment and slowing growth, even as his administration seeks to defuse tensions with the Asian power, a White House transcript released Friday showed.
Biden fears China's economic problems are ‘ticking time bomb' posing danger to world
President Joe Biden blasted China’s economic problems as a “ticking time bomb” and referred to Communist Party leaders as “bad folks,” his latest barb against President Xi Jinping’s government even as his administration seeks to improve overall ties with Beijing.
Biden Fears China Economy Is ‘Ticking Time Bomb’
President Biden blasted China’s economic problems as a “ticking time bomb” and referred to Communist Party leaders as “bad folks,” his latest barb against President Xi Jinping’s government even as his administration seeks to improve overall ties with Beijing, Bloomberg reports. Biden said at a political fundraiser Thursday that China was in “trouble” because its growth has slowed and it had the “highest unemployment rate going.”
Biden calls China economy a 'ticking time bomb,' misstates GDP growth
SALT LAKE CITY, Aug 11 — US President Joe Biden yesterday called China a "ticking time bomb" because of economic challenges including weak growth, but misquoted the country's growth rate. "They have got some problems. That's not good because when bad folks have problems, they do bad things," Biden said at a political fundraiser in Utah. Biden said on Thursday he did not want to hurt China and wanted a rational relationship with the country, but …
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