US economy could grow faster than China's - Biden

US economy could grow faster than China
# 03 June 2022 19:57 (UTC +04:00)

United States President Joe Biden delivered remarks on Friday following the recent job data released, stating the country's economy is "the strongest in the world," emphasizing that the US economy could grow faster than China's, APA reports citing Teletrader.

The US president remarked he is positive that Washington can "tackle the real problem of inflation" from the position of strength, noting that the Ukrainian crisis has led to great uncertainty in the global economy. In addition, Biden remarked that manufacturing in the country is "booming" after the release of encouraging data, adding that the White House is focused on "steady growth" in all sectors, with a focus on increasing salaries for American families and lowering public debt.