Biden Warns of Economic Turmoil in China

On Thursday, President Joe Biden highlighted China’s growing economic issues, describing them as a potential “ticking time bomb” for the country.

During a private fundraising event in the western state of Utah, Biden expressed concerns about China being a potential source of instability, describing it as a ticking time bomb in many cases.

The Democratic representative raised concerns about China’s predicament, attributing it to the country’s soaring unemployment rates and rapidly aging workforce. In their assessment, the situation in China is dire.

“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.