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China-Japan-Koreas
Report: China Has Spent $240 Billion ‘Rescuing' Belt and Road Countries to Save Its Own Banks
2023-03-29
Posted by:Skidmark

#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  

#4  ^ "Only Murica bad" foamers are over at the ZH comments, Dale...
Posted by: M. Murcek   2023-03-29 17:31  

#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  

#2  So, bad money after bad.
Posted by: M. Murcek   2023-03-29 13:08  

#1  Good news amongst the bad.
Posted by: Super Hose   2023-03-29 12:37  

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