Ten Things You Need to Know Today: 11 August 2023

The Week’s daily digest of the news agenda, published at 8am

1. Biden: China ‘time bomb’

Joe Biden has described China as a “ticking time bomb in many cases” because of its economic challenges. Citing the country’s high unemployment and ageing workforce, the US president said “they have got some problems” and “that’s not good, because when bad folks have problems, they do bad things”. China’s economy “fell into deflation” in July, said The Guardian, and the nation may be “entering an era of much slower economic growth”.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Explore More