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Chinese state news agency Xinhua disputes President Biden's claim of China's economy on the brink.
US President Joe Biden's claim that China's economy is on the brink is deemed outdated and devoid of facts by Chinese state news agency Xinhua.
The same alarmist rhetoric from the 1990s is still circulating, as the world has transformed beyond recognition.
The persistent "China collapse" theory has failed to materialize due to China's continuous economic growth, despite alarmists' predictions.
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La agencia estatal de noticias china Xinhua cuestiona la afirmación del presidente Biden de que la economía de China está al borde del abismo.