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China, US display differences in tackling economic risks (Cong Ge, Global Times)

“It’s the economy, stupid.”

This phrase comes to mind, as we watched US President Joe Biden this week sought to handle mounting economic headwinds and, more importantly, salvage his rapidly falling approval ratings. The phrase was coined by the veteran US political consultant James Carville to describe one of the three main massages of Bill Clinton’s successful presidential campaign in 1992. It has become a popular phrase used by US pundits to talk about the key themes of US politics.

China, US display differences in tackling economic risks – Global Times