- China’s economy is plagued with problems and is a “ticking time bomb,” President Biden said.
- The president pointed to sluggish growth and high unemployment in the nation.
- China has seen a so-far disappointing economic recovery since dialing back pandemic restrictions.
China’s economy is a “ticking time bomb” as the nation sees sluggish growth in its economy and worrying demographic issues, according to President Joe Biden.
At a Utah fundraiser on Wednesday, the president pointed to various problems plaguing China’s economy, including the country’s weak growth prospects and high unemployment rate.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased