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

Trade surges as India-UAE celebrate 2 years of CEPA

Next Story

Avengers bond

Latest from -Top News

Hasina’s Defiant Words Before Ouster

Reportedly before leaving Hasina wanted to record a farewell speech to be aired on television, but military officials declined….reports Asian Lite News Following a violent student uprising last year, the Bangladeshi military

FS Misri in US to Boost Tech, Trade Ties

The meeting, held in Washington, focused on strengthening existing frameworks and building momentum on key tech and trade initiatives…reports Asian Lite News Foreign Secretary Vikram Misri on Wednesday (India time) met with

Activists Targeted Again in Balochistan

The Baloch Yakjehti Committee (BYC) on Tuesday condemned the enforced disappearance of Baloch leader Ghani Baloch, blaming Pakistan’s Law Enforcement Agencies and Frontier Corps….reports Asian Lite News The Baloch Yakjehti Committee (BYC),

Islamabad-Ankara-Baku Axis Sharpens Against India

Both Turkey and Azerbaijan have openly expressed solidarity with Pakistan and backed Islamabad in its military standoff with India, this month….reports Asian Lite News The evolving alliance between Islamabad, Ankara, and Baku

India Targets Pak Terror Ties in Guyana

The delegation met the Guyanese President, Mohamed Irfaan Ali, who had hosted a dinner to celebrate friendship and shared aspirations between the two nations…reports Asian Lite News Congress leader Shashi Tharoor, currently
Go toTop

Don't Miss

K’taka students challenge hijab ban, leave exam hall

This news comes in the backdrop of the hijab protests

Kiwis Soar to Final, India Awaits 

Ravindra, Williamson power NZ to record total as Miller’s blazing