Economics

China’s Slowdown ‘Won’t Derail’ U.S. Recovery, Biden Says

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U.S. Vice President Joe Biden said the country’s economic recovery is on track even as China’s growth has slowed.

“It won’t derail it,” Biden said in a Bloomberg Television interview in Singapore. “But obviously, slowing of growth in the second-biggest economy of the world is just like if our economy slowed: it will affect the world.”