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China is run by ‘bad folks’ – Biden

US President Joe Biden greets people after speaking on Thursday at the Veterans Affairs Medical Center in Salt Lake City, Utah. © Getty Images / George Frey
RT | August 11, 2023

US President Joe Biden has escalated his attacks on Chinese leaders, reportedly telling donors to his re-election campaign that China’s government is run by “bad folks” who may take dangerous actions as their economy teeters on the brink of collapse.

Biden claimed on Thursday at a fundraising event in Park City, Utah, that Chinese President Xi Jinping’s government was in “trouble” because Beijing’s economic problems were a “ticking time bomb,” according to multiple media reports. He backed up his assertions with several erroneous claims about China’s economy and demographics.

“They got some problems,” Biden told supporters. “That’s not good because when bad folks have problems, they do bad things.” He falsely stated that China had the “highest unemployment rate going” and more people of retirement age than of working age. He mocked Xi’s signature Belt and Road Initiative as the “debt and noose,” alluding to the loans China provides to developing nations.

The remarks were reminiscent of comments Biden made at a similar political event in June, when he referred to Xi as a “dictator.” Chinese officials lodged a formal complaint in Washington and called the insult a “political provocation.” Biden dismissed the controversy when asked at a press briefing about Beijing’s reaction, saying he didn’t think there would be “any real consequence.”

At Thursday’s fundraising event, the 80-year-old US president said he wants to have a “rational relationship” with China, adding, “I don’t want to hurt China, but I’m watching.” He didn’t specify which potential Chinese actions concern him, though US-China tensions over self-governing Taiwan have escalated in the past year.

Biden claimed that China’s economic growth has slowed to 2%. Chinese GDP rose at a 5.5% pace in this year’s first half, compared with the US rate of around 2.2%. As Western economies feel the effects of historically high inflation, China is dealing with deflation.

The country has more than three times as many people of working age as people 60 and older. China’s unemployment rate is around 5.2%, compared with 6.4% in the Eurozone. Spain and Greece both have double-digit jobless rates.

Biden has made incendiary comments about Xi’s government at a time when his administration is trying to improve strained relations between the world’s two largest economies. His “dictator” remark came just one day after US Secretary of State Antony Blinken concluded a long-awaited visit to China. Treasury Secretary Janet Yellen and US climate envoy John Kerry later made visits to Beijing.

The Utah fundraiser was held at the home of Mark Gilbert, a former US ambassador to New Zealand and Samoa. Donors reportedly had to pay at least $3,300 to attend. Hosts paid $100,000, and guests who contributed at least $50,000 were allowed to speak with Biden and have a picture taken with him. Those paying $10,000 to $25,000 could get a photo with the president.

August 11, 2023 - Posted by | Aletho News | ,

4 Comments »

  1. Hey Joe, America is really run by not only bad guys but by a dementia-riddled gangster as well.

    Like

    papasha408's avatar Comment by papasha408 | August 11, 2023 | Reply

  2. How competent are Donald Trumps lawyers?? The video evidence of what took place at the capital have been eliminated because they clearly showed that there was no rioting or insurrection but people are in jail anyway!!

    Donald Trumps trial gives his lawyers the opportunity to show the many flaws that show widespead tampering with the last presidential election!! Donald Trumps trial could put him back in the white house as our president!!

    Grand theft elections as the new abnormal and Great reset tyranny while war on humanity rages, the worst of all possible worlds. (If the 2020 race for the White House had been open, free and fair, Trump would have been easily reelected.) byBrandon CampbellAugust 10, 2023

    Grand theft elections as the new abnormal and Great reset tyranny while war on humanity rages, the worst of all possible worlds. (If the 2020 race for the White House had been open, free and fair, Trump would have been easily reelected.)

    Like

    cousin lucky's avatar Comment by cousin lucky | August 12, 2023 | Reply

  3. Can Biden still play the banjo? Or, was that not him in the movie “Deliverance”? Looks like him… Maybe Joe “I’m a Zionist” Biden has quit the banjo for a harp, as used when Rome burned. And a particular kind of harp, one that is held in front of the mouth.

    Like

    michael's avatar Comment by michael | August 12, 2023 | Reply

  4. CornPop repeating BS handed to him on a cue card is hardly news worthy.
    Every bad thing he said about China fits him and his administration to a tee.
    He knows nothing about the BRI except what his handlers have told him.
    Does he even know what the BRI is and that 150 nations have joined it? His handlers know but I doubt he does.
    How many nations have joined the USA’s infrastructure program? Oh, sorry, the USA doesn’t have an infrastructure program.

    China has built 35,000 km of rail and maglev. How many miles of new rail and maglev have the US built? Let me answer that one, ZERO!

    China has lifted 800 million Chinese out of severe poverty or people who earn less than 1.91 a day. That figure represents a little less than 1/2 of the Chinese population. They did it by sending 1 million government employees into China’s rural areas to provide farmers access to advanced technology to improve the growth of their crops as well as marketing strategies that proved more efficient and less costly thus increasing the per capita income of the Chinese population. New cities were also built in China to provide modern and affordable housing for low income families. This can be proven by viewing “Time of Xi” three part video on YouTube.

    Official poverty in America stands at 37.9 million people, or 11.6% of a population that lives in the richest nation in the world, say experts. But they also say that the figure is low based on an accounting method that is calculated by comparing pretax income against a threshold set at three times the cost of a minimum food diet in 1963. Some experts say that taking into consideration take-home pay is a better way to measure poverty than counting pretax income. And based on how it is determined the homeless are not even considered nor are the millions of new immigrants flooding America’s cities. Who is paying for all those people? Taxpayers, which include the working poor.
    What we need are the following emergency measures:
    1. Glass-Steagall, two-tier banking and cancelation of derivatives.
    2. Credit System vs the bankrupt money system and a new National Bank of the United States
    3. Government-directed credit aimed at increasing the development of US economic infrastructure of water, power, and transportation systems, healthcare, education, and R&D.
    4. Crash fusion energy program with the aim of increasing the energy flux-density of the system many orders of magnitude as well as deep space exploration using fusion as the source of rocket-powered space craft that will take us to Mars in weeks not months.

    Liked by 1 person

    Thomas Lee Simpson's avatar Comment by Thomas Lee Simpson | August 17, 2023 | Reply


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