(2 May 2019)
Democratic presidential candidate Joe Biden downplayed the threat posed by China during a campaign stop in Iowa.
Biden: "The fact of the matter is we can do all we need to do without punishing anybody, anybody."
Biden: "I've met virtually every major world leader."
Biden: "China can't figure out how they are going to deal with the corruption in the system.'
Biden: "China not an economic threat to U.S."
He scoffed at the idea that China could overtake the U.S. as a world leader, telling a crowd in Iowa City, "China is going to eat our lunch? Come on, man." Biden's comments come as U.S. and Chinese negotiators hold more talks aimed at ending a bruising tariff war. Washington wants Beijing to roll back industry development plans it says are based in part on stolen technology and that violate its market-opening commitments.