Biden Says China’s Economy Is ‘Ticking Time Bomb’

U.S. President Joe Biden on called China’s economy a “ticking time bomb,” warning “bad folks” can do “bad things” when they are in trouble.

U.S. President Joe Biden delivers a speech to mark the one-year anniversary of his signing into law the Promise to Address Comprehensive Toxics (PACT) Act at the George E. Wahlen Department of Veterans Affairs Medical Center in Salt Lake City, Utah, on Aug. 10, 2023. Madalina Vasiliu/The Epoch Times

U.S. President Joe Biden on Thursday called China’s economy a “ticking time bomb,” a remark that drew protests from Chinese authorities as his administration renews engagement with Beijing.

At a political fundraiser in Utah, President Biden called the Chinese Communist Party (CCP) leadership “bad folks,” saying the country is in “trouble” because its economic growth has weakened and the unemployment rate hit a record high.