US-China competition does not grow

The two leaders both face domestic economic challenges that are shifting some of the focus of the Great Power rivalry to a race to see which country’s growth rates are stronger.

In the past month, President Biden has twice publicly stated that the US economy could grow faster this year than China’s for the first time since 1976. The statements the White House said were based on independent forecasts, has caused shock in Beijing, according to Chinese policy advisers and economists who consult with the government. US-China competition does not grow

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