China vows billions of development dollars, debt forgiveness

Associated Press ^ | Sep. 26, 2015 4:36 PM EDT | Cara Anna

[Olog-hai]

China’s president on Saturday pledged billions in aid and said Beijing will forgive debts due this year in an effort to help the world’s poorest nations, as world leaders begin to seek the trillions of dollars needed to help achieve sweeping new development goals.

President Xi Jinping spoke at a global summit that on Friday launched the non-binding goals for the next 15 years.

Xi and others spoke as the U.N. gathering began to shift focus from development to the high-powered General Assembly meeting that begins Monday with speeches by Xi, President Barack Obama, Russian President Vladimir Putin and Iranian President Hassan Rouhani on the first morning alone.

Obama and Putin will meet Monday. The prospects for any meeting between Obama and Rouhani, even a handshake, remained unclear. …

[Olog-hai]

Spreading world communism again.

[WilliamofCarmichael]

Beijing will forgive debts

We should not fall for such an idea -- besides he's probably talking about the commie banks' non-performing loans (unless he can get more money from American useful idiots, Lenin's name for them, to pay the debts owed by those commies.)

United States Free Enterprise, INC.

INVOICE

• Capital, Goods and Services stolen and extorted by the Peoples Republic of China
  FDI, Intellectual Property, technology, know how . . . . . . . . . . . . . . .$ 2,500,000,000,000.00

• Payments received from the Peoples Republic of China . . . . . . . . . . .$ 1,000,000,000,000.00
  Amount past due . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 1,500,000,000,000.00

Your Treasury certificates are your payment receipts. Thank you.

[Oldexpat]

Money talks and bs walks. China is buying its way into a lot of places.

[Spok]

I’m sure their promises are as good as Obama’s.