The United States is locked in a covert economic war with China, White House chief strategic Steve Bannon claimed in an interview published Wednesday, Sputnik News reports.
"We’re at economic war with China," Bannon told the American Prospect magazine, adding the US administration needed to be "maniacally focused" on it in order to stay an economic power.
The official said the next few decades would decide who would be a "hegemon." "If we continue to lose it, we're five years away, I think, ten years at the most, of hitting an inflection point from which we'll never be able to recover," he warned.