To: Zhang Fei
China has a huge problem with debt run up by the provinces. You’d think with the trade imbalance they have that the nation would be rolling cash but that is not so. Xi is a snake, but he can do the math for the budget. He may be tired of bankrolling the NORKS
5 posted on
05/17/2018 12:34:41 AM PDT by
Fai Mao
(I still want to see The PIAPS in prison)
To: Fai Mao
“China has a huge problem with debt run up by the provinces. Youd think with the trade imbalance they have that the nation would be rolling cash but that is not so.”
You gotta wonder how much provincial debt is the result of unfunded central government mandates.
6 posted on
05/17/2018 1:51:33 AM PDT by
Zhang Fei
(Journalism is about covering important stories. With a pillow, until they stop moving.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson