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Tags: trade war | tariffs | gdp | growth | free trade | forced technology transfer

Biden Says China Not a Threat for US

joe biden gestures with his right hand while seated and speaking on stage during a conference
Former Vice President Joe Biden (Patrick Semansky/AP)

By    |   Wednesday, 01 May 2019 09:56 PM EDT

Democratic presidential candidate Joe Biden during a campaign stop Wednesday said China is not a threat for the United States, putting him at direct odds with President Donald Trump.

"They can't even figure out how to deal with the fact that they have this great division between the China Sea and the mountains in the east, I mean in the west," Biden joked in front of a crowd in Iowa City. "They can't figure out how they are going to deal with the corruption that exists within the system. I mean, you know, they're not bad folks, folks. But guess what, they're not competition for us."

China is growing three times as fast as the U.S. economy, and its GDP is projected to be larger than America's by 2028, Bloomberg reported last May. Beijing has also outlined strategies to lead world innovation by 2050 and is pouring time and money into doing so, including into fields such as artificial intelligence and quantum computing.

The Trump administration is in the throes of a trade war with China, and has repeatedly warned the country is taking advantage of the U.S. with its tariff policy.

FBI Director Christopher Wray last Friday said China poses a "multilayered threat" to America.

"Put plainly, China seems determined to steal its way up the economic ladder at our expense," Wray told Richard Haass of the Council on Foreign Relations.

© 2022 Newsmax. All rights reserved.


Newsfront
Putting him at direct odds with President Donald Trump, Democratic presidential candidate Joe Biden said China is not a threat for the United States.
trade war, tariffs, gdp, growth, free trade, forced technology transfer
232
2019-56-01
Wednesday, 01 May 2019 09:56 PM
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