Two leaders who each face home financial challenges are shifting a number of the focus of their Nice Energy competitors to a race over whose nation’s progress is stronger.
Over the previous month, President Biden twice publicly acknowledged that the U.S. economic system may develop quicker this yr than China’s for the primary time since 1976. The statements, which the White Home mentioned have been based mostly on impartial projections, have struck a nerve in Beijing, based on coverage advisers and Chinese language economists who seek the advice of with the federal government.