President Biden said on Thursday he did not want to hurt China and wanted a rational relationship with the country, but had a dire prediction about the country’s future.
Salt Lake City : US President Joe Biden on Thursday 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,” Joe Biden said at a political fundraiser in Utah.
President Biden said on Thursday he did not want to hurt China and wanted a rational relationship with the country, but had a dire prediction about the country’s future.
“China is a ticking time bomb … China is in trouble. China was growing at 8% a year to maintain growth. Now close to 2% a year,” he said.
Data from China’s National Bureau of Statistics showed the economy grew 4.5% in the first quarter and 6.3% in the second, with gross domestic product up just 0.8% in April-June from the previous quarter after a 2.2% expansion in the first quarter.
There was no immediate comment from China’s foreign ministry.
Joe Biden’s remarks were reminiscent of comments he made at another fundraiser in June when he referred to President Xi Jinping as a “dictator.” China called those remarks a provocation.
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