Medical and Hospital News
TRADE WARS
Biden calls China 'ticking time bomb' over economic woes
Biden calls China 'ticking time bomb' over economic woes
by AFP Staff Writers
Salt Lake City, United States (AFP) Aug 11, 2023

US President Joe Biden said Thursday that China's mounting economic problems make the country a "ticking time bomb."

"China is a ticking time bomb in many cases," Biden said at a private fundraising event in the western state of Utah.

The Democrat pointed to the country's high unemployment and aging workforce, saying "China is in trouble."

"When bad folks have problems, they do bad things," he said.

Biden offended Beijing in June by describing his counterpart Xi Jinping as a "dictator," in a comment slammed as a "provocation" by China's foreign ministry.

Biden insisted Thursday that he was seeking "a rational relationship with China."

"I don't want to hurt China, but I'm watching," he said.

The United States recently relaunched its dialogue with China, with a succession of visits to Beijing by senior American officials, including chief diplomat Antony Blinken.

The aim of Blinken's trip was to turn the page on recent tensions surrounding a Chinese balloon described as a "spy" operation that was shot down by the United States in February.

Related Links
Global Trade News

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
TRADE WARS
Nervous investors trade cautiously ahead of US inflation report
Hong Kong (AFP) Aug 10, 2023
Asian markets were mixed Thursday ahead of much-anticipated US inflation data, which comes against a backdrop of renewed concerns that the Federal Reserve could announce another interest rate hike before the end of the year. The feel-good factor that characterised much of July has given way to uncertainty about the US central bank's plans following a mixed jobs report and warnings from policymakers that more was needed to finally get prices under control. Ongoing weakness in China's economy - a ... read more

TRADE WARS
Moroccan navy rescues 60 migrants in Atlantic

EU chief offers 400 mn euros to help flood-hit Slovenia

Little warning and 'huge' losses, say China flood victims

At least 16 killed in landslide in Georgia

TRADE WARS
Present and future of satellite navigation

New Galileo station goes on duty

Potential earthquake precursor discovered through GPS measurements

Northrop Grumman's new airborne navigation system achieves successful flight test

TRADE WARS
Just 5000 steps can save your life

Indigenous groups call for bold steps at Amazon summit

Workers less productiv, make more typos in afternoon and especially on Fridays

Indigenous chiefs demand action from Brazil govt on land rights

TRADE WARS
DARPA seeks solutions to preserve bio-samples without cold storage

Australia's defence department charged over crocodile attack

Biden, in environment push, protects lands near Grand Canyon

Two men arrested over wolf shooting in Hungary

TRADE WARS
US widens blacklist of firms over Uyghur forced labor concerns

Ancient pathogens emerging from melting ice and permafrost risk eroding ecosystems

Croatia targets latest climate-change threat: mosquitoes

MIT researchers to lead a new center for continuous mRNA manufacturing

TRADE WARS
Young Chinese scratch an economic itch with lottery cards

Convoy of Chinese engineers attacked in Pakistan's Gwadar: militants

'I miss the sun,' says Australian journalist detained in China

'I miss the sun,' says Australian journalist detained in China

TRADE WARS
Report faults British government for 'dismal understanding' of Wagner threat

China tells Myanmar junta to 'root out' online scam groups

US sanctions Chinese, Mexican entities over drug equipment

Malaysia searches Chinese ship suspected of looting WWII wrecks

TRADE WARS
Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.