Name: Investing in a ‘Ticking Time Bomb?’
Uploaded: 2023-09-01T06:41:59.000Z
Description: U.S. Commerce Secretary Gina Raimondo says China is uninvestable and her comment echoes an earlier one from Biden: that China is a ticking time bomb.

Tiffany Meier is an anchor, China news investigative reporter, and producer for NTD News based at the network's global headquarters in New York City. Tiffany anchors NTD's flagship shows "NTD Evening News" and "China in Focus" and co-moderates NTD's special election coverage "The Nation Decides." She produced the award-winning NTD Original documentary "Hollywood Takeover: China's Control in the Film Industry."


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U.S. Commerce Secretary Gina Raimondo says China is uninvestable and her comment echoes an earlier one from Biden: that China is a ticking time bomb.

Experts say China's weakening economy comes down to the draconian COVID-19 lockdowns that swept across China during the pandemic—closing factories, sending many small businesses toward collapse, and hitting consumer confidence. And on top of that, trade tensions between the U.S. and China are adding fuel to the flame.

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