May 2, 2024
1 min read

Biden blames India, China, Japan’s economic woes on ‘xenophobia’

President Joe Biden remarked on Wednesday that the “xenophobia” observed from China to Japan and India is hindering their growth….reports Asian Lite News

President Joe Biden said on Wednesday that “xenophobia” from China to Japan and India is hobbling their growth, as he argued that migration has been good for the US economy.

“One of the reasons why our economy’s growing is because of you and many others. Why? Because we welcome immigrants,” Biden said at a Washington fundraising event for his 2024 re-election campaign and marking the start of Asian American, Native Hawaiian and Pacific Islander Heritage Month.

“Why is China stalling so badly economically, why is Japan having trouble, why is Russia, why is India, because they’re xenophobic. They don’t want immigrants. Immigrants are what makes us strong.”

The International Monetary Fund forecast last month that each country would see its growth decelerate in 2024 from the year prior, ranging from 0.9 percent in highly developed Japan to 6.8 percent in emerging India.

They forecast that the United States would grow at 2.7 percent, slightly brisker than its 2.5 percent rate last year. Many economists attribute better-than-expected performance partly to a migrants expanding the country’s labor force.

Concern about irregular migration has become a top issue for many US voters ahead of November’s presidential election.

Biden, who has condemned the rhetoric of his Republican opponent Donald Trump as anti-immigrant, has worked to court broad economic and political relations with countries including Japan and India to counter China and Russia globally.

ALSO READ: Biden talks with leaders from Qatar, Egypt on Gaza truce

Previous Story

Colombia to sever diplomatic ties with Israel

Next Story

Trump blasts Biden in rare day on campaign trail

Latest from -Top News

India Thwarts Pak Attacks, Hits Lahore Air Defence

India launches pre-dawn precision strikes on Pakistani air defence systems, with key radar installation in Lahore successfully neutralized, signalling a sharp escalation in regional military tensions…reports Asian Lite News The drones and

Perdue sworn in as US envoy to China 

David Perdue, a ‘hawkish’ figure in US politics, served as a Senator from 2015 to 2021, where he gained a reputation for his firm stance on China.  David Perdue, the former US

Mock drills held nationwide 

The nationwide mock drills are part of the government’s broader strategy to enhance civil defence capabilities and coinciding with the Pahalgam attack and India’s retaliatory action to it.   India conducted large-scale

India’s deepest strikes since 1971 

By extending its strike capabilities deep into Pakistan’s heartland, India has redrawn the contours of conventional deterrence in the subcontinent. This could embolden future Indian responses to cross-border terror attacks, but it
Go toTop

Don't Miss

100k vax doses donated by US arrives in Nepal

The USAID mission director expressed happiness over getting an opportunity

China warns US against renaming of Taipei’s Washington office  

Chinese Ministry of Foreign Affairs said that Beijing has lodged