Biden Says China’s Economy Is ‘On the Brink,’ and He Is Right

This photo taken on March 30, 2020 shows employees working on a battery production line at a factory in Huaibei in China's eastern Anhui province. STR/AFP via Getty Images

Commentary

In his May 28 interview with Time magazine, U.S. President Joe Biden said that China’s economy is on the verge of collapse. In addition, President Joe Biden defended U.S. tariffs on Chinese products, stating that the United States would treat China reciprocally. He also criticized the Chinese Communist Party’s (CCP) Belt and Road Initiative (BRI), which has caused numerous problems in participating countries, especially African countries.