@Rapidcreek@lemmy.world to politics @lemmy.world • 4 months agoBiden warns China's economy is on the brinkwww.axios.commessage-square40fedilinkarrow-up152arrow-down10
arrow-up152arrow-down1external-linkBiden warns China's economy is on the brinkwww.axios.com@Rapidcreek@lemmy.world to politics @lemmy.world • 4 months agomessage-square40fedilink
minus-square@PugJesus@lemmy.worldlinkfedilinkEnglish24•4 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-square@wildcardology@lemmy.worldlinkfedilink1•4 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.