President Biden says China's economy is a 'ticking time bomb' amid growth and demographic issues
by 2100, according to an estimate from the consultancy firm Terry Group.
US-China tensions have been inflamed over the past year as US politicians signaled their support for Taiwan and have moved to trim economic ties with the nation. Most recently, Biden signed an executive order that limits US investment in Chinese tech, which infuriated Chinese officials. "China strongly deplores and firmly opposes the US's single-minded rollout of restrictions on investments in China," the nation's foreign ministry said in a statement onBeijing officials have suggested
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