President Joe Biden said on Wednesday that "xenophobia" among countries like China, Japan, and India is impeding their economic growth, contrasting it with the US, which he claimed benefits from migration. 

Joe Biden Believes Migration Is One Reason Why the US Economy Is Thriving

During a fundraising event for his 2024 re-election campaign in Washington, Joe Biden attributed part of the US economic growth to immigrants, saying that one of the reasons for the country's economic expansion is its welcoming stance towards immigrants.

"One of the reasons why our economy's growing is because... we welcome immigrants," the president said, as Reuters reported.

"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," he added.

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Migration Among Concerns in the 2024 Election

Joe Biden's remarks came amid growing concerns about irregular migration and its impact on the November presidential election. Biden has criticized the rhetoric of his Republican rival, Donald Trump, as anti-immigrant. 

The president also built economic and political relationships with countries like Japan and India to counter nations that are not friendly to the US, such as China and Russia.

READ MORE: Russia, China Agree to Boost Economic and Security Ties to Counter US Dominance in Europe and Asia