Biden calls China an economic 'time bomb' amid slowing growth and tensions with US

President Biden referred to China as a "ticking time bomb" due to economic challenges including slower growth, high unemployment, and deflation.
Biden wants a "rational relationship" with China but has criticized Chinese leaders and signed an order restricting investments in Chinese tech.
China's economy grew 6.3% in Q2 2022, down from 18.3% in Q1 2021, with youth unemployment over 20%.
Tensions have risen between the US and China over issues like technology, Taiwan, and trade.
Biden's criticism comes as he seeks to contain China's economic and military rise.