@Rapidcreek to politics • 6 months agoBiden warns China's economy is on the brinkwww.axios.commessage-square44arrow-up152arrow-down14
arrow-up148arrow-down1external-linkBiden warns China's economy is on the brinkwww.axios.com@Rapidcreek to politics • 6 months agomessage-square44
minus-square@PugJesuslinkEnglish25•6 months agoYes, unironically. America and China are rivals on the world stage, but the world is deeply interconnected - if China’s economy takes a dive, it’s bad for everyone; just as it would be if India or the US’s economy took a dive.
Warns? This is a bad thing?
Yes, unironically. America and China are rivals on the world stage, but the world is deeply interconnected - if China’s economy takes a dive, it’s bad for everyone; just as it would be if India or the US’s economy took a dive.
And China might suddenly collect on US debt.