China is struggling to pull up its economy that was pummeled by the coronavirus pandemic and has seen an extended slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand.
søndag 22. september 2024
Biden tells Quad leaders that China is testing the world at turbulent moment for Chinese economy
President Joe Biden told Indo-Pacific allies on Saturday that he believes China’s increasing military assertiveness is an effort to test the region at a turbulent moment for Beijing. Biden’s comments were caught by a hot mic after he and fellow leaders of the so-called Quad delivered opening remarks before the press at a summit he’s hosting near his hometown of Wilmington, Delaware. He said his administration sees Beijing’s actions as a “change in tactic, not a change in strategy.”
China is struggling to pull up its economy that was pummeled by the coronavirus pandemic and has seen an extended slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand.
China is struggling to pull up its economy that was pummeled by the coronavirus pandemic and has seen an extended slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand.
