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China To Help Local Government Repay $1 Trillion In Unpaid Bills To Private Sector
Every single day, we get a new story of another stealth bailout by China (since a bazooka stimulus remains out of the picture seeing how China pretty much used them all up by the time covid rolled out and pushed the country's consolidateded debt to GDP to around 400%). Here's another: according to Bloomberg, China is preparing to tackle the massive backlog of unpaid bills owed by local governments to the private sector, an amount of arrears some have estimated at over $1 trillion. Of course, since there is no actual "loose cash" floating around in China, in another financial MC Escher painting, Beijing will need to ... (full story)
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From channelnewsasia.com | Sep 13, 2025
China unveiled a plan on Saturday (Sep 13) to "stabilise" growth in its auto sector in the face of a price war between competitors and export woes, state media reported. Announced jointly by eight government departments, the plan for 2025 and 2026 "stresses cost surveys and price monitoring", as well as encouraging innovation and domestic demand, according ...
China controls nearly the entire supply chain for rare earths — minerals critical for EVs, wind turbines, and fighter jets. Brazil hopes to change that, with companies like Aclara building pilot plants and the government mapping vast reserves, but catching up will take massive investment, technology, and international cooperation. The global race is on to ...
A LETTER SENT BY PRESIDENT DONALD J. TRUMP TO ALL NATO NATIONS AND, THE WORLD: “I am ready to do major Sanctions on Russia when all NATO Nations have agreed, and started, to do the same thing, and when all NATO Nations STOP BUYING OIL FROM RUSSIA. As you know, NATO’S commitment to WIN has been far less than 100%, and the purchase of Russian Oil, by some, has been shocking! It greatly weakens your negotiating position, and bargaining power, over Russia. Anyway, I am ready to “go” when you are. Just say when? I believe that this, plus NATO, as a group, placing 50% to 100% TARIFFS ON CHINA, to be fully withdrawn after the WAR with Russia and Ukraine is ended, will also be of great help in ENDING this deadly, but RIDICULOUS, WAR. China has a strong control, and even grip, over Russia, and these powerful Tariffs will break that grip. This is not TRUMP’S WAR (it would never have started if I was President!), it is Biden’s and Zelenskyy’s WAR. I am only here to help stop it, and save thousands of Russian and Ukrainian lives (7,118 lives lost last week, alone. CRAZY!). If NATO does as I say, the WAR will end quickly, and all of those lives will be saved! If not, you are just wasting my time, and the time, energy, and money of the United States. Thank you for your attention to this matter! DONALD J. TRUMP, PRESIDENT OF THE UNITED STATES OF AMERICA.”
