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Biden’s ‘ticking time bomb’ remark referred to China’s economy: White House

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US President told political fundraiser that China was ‘in trouble’ due to internal economic and social tensions.

US President Joe Biden’s comment about China being a “ticking time bomb” referred to internal economic and social tensions that could have an effect on how Beijing interacts with the world, a White House official has clarified.

Biden said at a political fundraiser on Thursday that China was “in trouble” and beset with economic and social problems.

“That’s not good because when bad folks have problems, they do bad things,” Biden said.

“China is a ticking time bomb,” he said.

“China was growing at 8 percent a year to maintain growth. Now, close to 2 percent a year,” Biden said, misstating the country’s growth rate.

Data from China’s National Bureau of Statistics showed the Chinese economy grew 4.5 percent in the first quarter and 6.3 percent in the second, with the gross domestic product (GDP) up just 0.8 percent in April-June from the previous quarter after a 2.2 percent expansion in the first quarter.

Biden also said that he wanted a rational relationship with China.

White House spokesperson John Kirby told reporters on Friday that one area of US concern regarding China was “the way that they bully and coerce and intimidate countries around the world” by offering high-interest infrastructure loans and then seizing assets when countries defaulted.

Biden’s comments have drawn a sharp response from Beijing.

Chinese embassy spokesperson Liu Pengyu warned Washington against “scapegoating” Beijing and fanning “division and confrontation”.

“We oppose the US side seeking to make an issue of China, smearing China or talking down China’s prospects,” he said in a statement to the Reuters news agency on Friday, without mentioning Biden by name.

Liu said China’s GDP growth continued to provide important support for the development of the global economy.

China’s state-run Global Times media outlet said that Biden made the “demeaning and smearing comments” to “distract the domestic audience” from issues in the US and to give his presidential campaign a boost.

Global Times quoted Xin Qiang, deputy director of the Center for American Studies at Fudan University, as saying that most US presidential candidates will take aim at China during the 2024 presidential elections.

China would be a campaign target to “distract voters from ingrained US domestic problems such as abortion, guns and drugs”, Xin told Global Times.

The news outlet also said that despite recent high-level exchanges between US and Chinese officials, there had been no “real easing in bilateral relations” between Washington and Beijing.

“Since the US side is unlikely to change its foreign policy on issues such as the Taiwan question, the South China Sea and economy and trade, and especially the high-tech sector, it will be more aggressive toward China on these issues,” Global Times said, citing experts.

Kirby said the US – which also moved this week to limit outbound investment in certain Chinese sectors – had been consistent about pushing back against China’s behaviours.

“We’ve never shied away from calling it like we see it when it comes to [China’s] behaviour, intimidation and coercion of not only their neighbours but countries around the world,” he said.

“This is a difficult, complex bilateral relationship, the most consequential one in the world. The president understands that.

“But that doesn’t mean there isn’t still a need to continue to improve our lines of communication.”

Kirby did not comment on whether Biden’s latest comments would scuttle plans for the US president to meet with President Xi Jinping later this year, possibly on the sidelines of next month’s Group of 20 leaders summit in India.

 

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NDP caving to Poilievre on carbon price, has no idea how to fight climate change: PM

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OTTAWA – Prime Minister Justin Trudeau says the NDP is caving to political pressure from Conservative Leader Pierre Poilievre when it comes to their stance on the consumer carbon price.

Trudeau says he believes Jagmeet Singh and the NDP care about the environment, but it’s “increasingly obvious” that they have “no idea” what to do about climate change.

On Thursday, Singh said the NDP is working on a plan that wouldn’t put the burden of fighting climate change on the backs of workers, but wouldn’t say if that plan would include a consumer carbon price.

Singh’s noncommittal position comes as the NDP tries to frame itself as a credible alternative to the Conservatives in the next federal election.

Poilievre responded to that by releasing a video, pointing out that the NDP has voted time and again in favour of the Liberals’ carbon price.

British Columbia Premier David Eby also changed his tune on Thursday, promising that a re-elected NDP government would scrap the long-standing carbon tax and shift the burden to “big polluters,” if the federal government dropped its requirements.

This report by The Canadian Press was first published Sept. 13, 2024.

The Canadian Press. All rights reserved.

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Quebec consumer rights bill to regulate how merchants can ask for tips

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Quebec wants to curb excessive tipping.

Simon Jolin-Barrette, minister responsible for consumer protection, has tabled a bill to force merchants to calculate tips based on the price before tax.

That means on a restaurant bill of $100, suggested tips would be calculated based on $100, not on $114.98 after provincial and federal sales taxes are added.

The bill would also increase the rebate offered to consumers when the price of an item at the cash register is higher than the shelf price, to $15 from $10.

And it would force grocery stores offering a discounted price for several items to clearly list the unit price as well.

Businesses would also have to indicate whether taxes will be added to the price of food products.

This report by The Canadian Press was first published Sept. 12, 2024.

The Canadian Press. All rights reserved.

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Youri Chassin quits CAQ to sit as Independent, second member to leave this month

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Quebec legislature member Youri Chassin has announced he’s leaving the Coalition Avenir Québec government to sit as an Independent.

He announced the decision shortly after writing an open letter criticizing Premier François Legault’s government for abandoning its principles of smaller government.

In the letter published in Le Journal de Montréal and Le Journal de Québec, Chassin accused the party of falling back on what he called the old formula of throwing money at problems instead of looking to do things differently.

Chassin says public services are more fragile than ever, despite rising spending that pushed the province to a record $11-billion deficit projected in the last budget.

He is the second CAQ member to leave the party in a little more than one week, after economy and energy minister Pierre Fitzgibbon announced Sept. 4 he would leave because he lost motivation to do his job.

Chassin says he has no intention of joining another party and will instead sit as an Independent until the end of his term.

He has represented the Saint-Jérôme riding since the CAQ rose to power in 2018, but has not served in cabinet.

This report by The Canadian Press was first published Sept. 12, 2024.

The Canadian Press. All rights reserved.

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