Rapidcreek@lemmy.world to politics @lemmy.world · 6 months agoBiden warns China's economy is on the brinkwww.axios.comexternal-linkmessage-square44fedilinkarrow-up152arrow-down14
arrow-up148arrow-down1external-linkBiden warns China's economy is on the brinkwww.axios.comRapidcreek@lemmy.world to politics @lemmy.world · 6 months agomessage-square44fedilink
minus-squareReptorian@lemmy.ziplinkfedilinkEnglisharrow-up8arrow-down2·6 months agoWarns? This is a bad thing?
minus-squarePugJesus@lemmy.worldlinkfedilinkEnglisharrow-up25·6 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.
minus-squarewildcardology@lemmy.worldlinkfedilinkarrow-up1·6 months agoAnd China might suddenly collect on US debt.
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.