Before the full-scale invasion began, China promised to support Russia “forever.” However, China's economy is now on the precipice - and it could bring down Russia along with it. China faces many factors that are stifling it: youth unemployment exceeds 20%, more citizens are seeking to leave the country, and the debt situation is out of control.
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Why did you take down my post.
Whoopee !! is the best we could hope for
Whoopee
Thank you! Thank you! Same idea I had
Sounds a bit like wishfull thinking
Debt to gdp ratio ?? or How much loan per person ??? Some reasons ?? China imploding ??How and Why As long as We keep raising minimum wage, keep borrowing China cannot implode . Every country buys from china . Money goes there Does not come out .
@Ali,
Despite the strength of the Chinese economy , my friend ( even if we do not each other , remember that The whole world is integrated and China can not risk getting its huge exports to Europe and USA sanctioned in the biggest economies at least these days .China has a lot of direct foreign investments from the world that can get sanctioned if they get unlimited support for Russia . The West and the ultrarich Jewish capitalists have an influence over China financially and economically pressuring it to limit its support for Russia ...
Things take several years to change ...
However , The West is benefiting from prolonged arm sales allowing a limited military support for Russia to keep making money selling weapons and printong dollars and Euros ...
The true colonizer will be revealed. The world bank that is ruled by the silent superpower of the world. Israel… they bailed out China now they are in control of China…they are positioning themselves as the rulers of the planet
@Fallen angel,
They are related to the freemadons or illuminati that secretly play roles and exert influence in this world . They are related with world capitalism and huge international corporations in one way or the other ...
Once folks learn what democracy and capitalism is, they see that China doesn't offer near as much. So they leave. Same thing will happen in North Korea someday.
@Terry, Let's REALLY hope so. Unfortunately North Korea keeps people in as well as out.
KP needs a SPAM reporter in the comment section.
China has been involved for over decade in practicing economic imperialism in Africa to gain UN support for its policies or access to minerals. It has lent funds for many low return infrastructure projects to very fragile economies such as Ethiopia which because of its civil war is unable to manage its debt service requirements and wants to reschedule its loan or convert it to a nonaccrual basis (i.e., where a debtor makes only payments on the loan principal) that weak Chines economy will not permit Therefor China is likely to lose much of its international support