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With the last remnants of spending restraint fading fast inCongress, fiscal discipline will be restored only if the WhiteHouse declares a defined limit on government spending for the nextfiscal year. The President should make it clear that he willexercise his veto authority.
State Councilor and Foreign Minister Wang Yi warned that if Washington plays a zero-sum game in dealing with its relations with Beijing and keeps using "political correctness" to misguide its China policy, Sino-US ties will trend toward increasing confrontation.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
US President Joe Biden on Wednesday told world leaders that the United States wants to avoid a confrontation with China.
Speaking to the United Nations General Assembly (UNGA), US President Joe Biden on Wednesday reiterated that the US wants to avoid confrontation with China.