U.S. Welcomes New Security Pact Between Australia, Japan | China In Focus

U.S. Welcomes New Security Pact Between Australia, Japan | China In Focus​

In a "game-changing" defense strategy all about tackling the "China concerns," the Pentagon is teaming up with its most trusted allies in the Indo-Pacific for a fresh security pact. The race for the 2024 White House is zooming in on Taiwan. Two candidates highlight their policies toward Chinese aggression, if they get elected. Inside China, fierce competition and dwindling rewards are challenging ride-share drivers. As China's job market shrinks, a surge of newcomers is now eating into the paychecks of full-timers. A major overseas lender is facing a domestic debt bomb: China's total local debt hits a whopping $23 trillion. Can China contain the crisis? Or will it boil over?