"US President Joe Biden has described China as a "ticking time bomb" because of its economic challenges. "They have some problems. That's not good because when bad people have problems, they do bad things," Biden said at an event for Democratic Party donors in Utah.
China's consumer prices and factory prices continued to fall in July. The country thus slipped into deflation. Many experts took this as a sign of a slowdown in China's economy and slower economic growth."
There seems to be a storm coming. Or is it already US election campaign? If you see the AUD getting softer then it could be real.
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