Joe Biden fears China is ‘ticking time bomb' posing danger to world

US President Joe Biden expressed concerns regarding China’s economic and demographic problems, which according to him, has transformed the world’s second-largest economy into a “time bomb”. While addressing a political fundraiser event, Biden highlighted the problems arising because of the high retirement age and a shrinking workforce, resulting in the highest unemployment rate.

Joe Biden fears China is ‘ticking time bomb' posing danger to world
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US President Joe Biden expressed concerns regarding China’s economic and demographic problems, which according to him, has transformed the world’s second-largest economy into a “time bomb”. While addressing a political fundraiser event, Biden highlighted the problems arising because of the high retirement age and a shrinking workforce, resulting in the highest unemployment rate.