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AZLD4Candidate

(6,853 posts)

2. According to my wife, China is near bankruptcy. Most government employees aren't getting paid

Reply to muriel_volestrangler (Original post)

Fri Sep 17, 2021, 11:03 AM

Sep 2021

and construction/new home sales are at a standstill.

They are also in massive debt due to putting all infrastructure projects (including massive money sponge face-projects like the Shanghai Maglev that has hemorrhaged money from the start) on a high interest credit card.

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China applies to join Pacific trade pact to boost economic clout [View all] muriel_volestrangler Sep 2021 OP

I am sure I am blissfully unaware of all the nuances in that region, but Scalded Nun Sep 2021 #1

The CCP would laugh at you and tell you to butt out of their affairs, while getting angry and AZLD4Candidate Sep 2021 #5

According to my wife, China is near bankruptcy. Most government employees aren't getting paid AZLD4Candidate Sep 2021 #2

I lived and still work via Telephone in China WA-03 Democrat Sep 2021 #3

My father-in-law works for a state run business. AZLD4Candidate Sep 2021 #4

Any move which limits China's "economic clout" is the best option at this point Devil Child Sep 2021 #6

I recall a time, OneCrazyDiamond Sep 2021 #7