The American president added that he does not want to harm China and wants a rational relationship with the country.
US President Joe Biden called China a “time bomb” because of the country’s economic problems. The American leader said this at a political fundraiser in Utah, Reuters reports.
“They have some problems. It’s not good, because when bad people have problems, they do bad things,” Biden said.
The US President mentioned that “China has a problem” and added that he does not want to harm China and is looking for a reasonable relationship with this country.
Biden’s remarks were reminiscent of comments he made in June when he called Chinese leader Xi Jinping a dictator. China then called these words a provocation.
The publication wrote that China’s consumer sector fell into deflation, and sales prices continued to decline in July. China may enter a period of slower economic growth, with consumer prices and wages stagnating, in contrast to inflation elsewhere in the world.
Remember, on August 9, Biden signed an executive order to limit the investment of the United States in technology companies from China.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.