Article

2023-03-29 China-Japan-Koreas

Report: China Has Spent $240 Billion ‘Rescuing' Belt and Road Countries to Save Its Own Banks

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Posted by Skidmark 2023-03-29 09:10|| || Front Page|| [5 views ] Top
File under: Commies

#1 Good news amongst the bad.

Posted by Super Hose 2023-03-29 12:37|| 2023-03-29 12:37|| Front Page Top

#2 So, bad money after bad.

Posted by M. Murcek 2023-03-29 13:08|| 2023-03-29 13:08|| Front Page Top

#3 Anything to put down China. USA against anything that makes China look good as a competitive rival.

Posted by Dale 2023-03-29 16:37|| 2023-03-29 16:37|| Front Page Top

#4 ^ "Only Murica bad" foamers are over at the ZH comments, Dale...

Posted by M. Murcek 2023-03-29 17:31|| 2023-03-29 17:31|| Front Page Top

#5 This doesn't involve the USA. This is about the Chinese government rescuing Chinese banks who have extended Belt and Road loans that will never be repaid.

The Chinese government will get paid by taking over strategic assets (ports, railways, airports, mines, roads) in the defaulting nations. In addition, the Chinese got paid up front by using Chinese labor in the construction.

Posted by Fleter Crasing2148 2023-03-29 17:32|| 2023-03-29 17:32|| Front Page Top

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