What Biden, U.S. must consider for China's economy

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U.S. President Joe Biden and Chinese President Xi Jinping are slated to meet on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in San...

U.S. President Joe Biden and Chinese President Xi Jinping are slated to meet on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco. The two leaders are expected to talk about a range of topics including nuclear armaments and trade. The talks have been emphasized afteron how the U.S."does not seek to decouple from China", but should be considerate of its stance on human rights and national security.

"This is an economy that's going to be growing much, much more slowly. I think the mistake investors have been making for several years now, is they've gotten very bearish cyclically, they were too bearish over the summer, but they're not bearish structurally...," Miller says."China is going to be slowing down 5%, 4%, 3%, we're going to be seeing much, much slower growth than that growing forward.

Former President Trump wrote a social media post Wednesday railing against the judge overseeing his New York civil fraud case and told him to leave his children alone. He also argued that there is enough evidence for the case to be thrown out. “This Rigged Trial, brought by the Racist New York State A.G. Letitia…The US Defense Department believes the Chinese People’s Liberation Army is developing a new Intercontinental Ballistic Missile.

 

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