The catastrophic US response to coronavirus is allowing China to stake its claim as the world’s dominant superpower, former Fed chair Greenspan says

The catastrophic US response to coronavirus is allowing China to stake its claim as the world’s dominant superpower, former Fed chair Greenspan says | Markets Insider | Markets Insider

The failure of the US to effectively combat the COVID-19 crisis has opened the door to China becoming the world’s dominant superpower, former Fed chairman Alan Greenspan has said. The US looks like it has “lost its way” while China is on track to achieve President Xi Jinping’s ambition to become a dominant superpower by 2049, Greenspan said in a blog for a wealth management firm.

By Miki