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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (3492)	10/1/2019 5:02:50 AM
From: elmatador	2 Recommendations Recommended By DinoNavarre pak73 Read Replies (1) \| Respond to of 13812

China pulling back. Value of overseas investment and construction dropped to US$179.1 billion last year, down from US$279.8 billion in 2017. Gone are the days of the plane loads of African leaders going to China and China would splurge with gusto. Countries and public utilities up to their neck in debt. “While the [belt and road] provides a political reason for more overseas construction, the economic reasons have faded,” the report said. “SOEs account for nearly all large overseas construction projects and they are subsidised – at home, in the host country or both – and financial strain will continue to prevent China from (re)building the world. scmp.com I have been telling TJ for over 4 years already...