Posted on 11/22/2023 12:32:30 PM PST by Truthsearcher
Communist Party of China (CCP) General Secretary Xi Jinping is now starkly aware that he is facing the end of his rule, and has turned to US Pres. Joe Biden to save him.
Specific reports are emerging as to the driving forces which made Xi act, in seeming desperation, to kowtow to US Pres. Joe Biden at the summit held on the sidelines of the Asia-Pacific Economic Conference (APEC) in San Francisco between November 13 and 17,2023.
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A significant source in the PRC has reported that Xi formally asked the US President to arrange an urgent $900-billion bailout for the communist Chinese economy. This specific detail could not be confirmed, but it fitted with the sudden and urgent campaign to stop Beijing's bellicosity toward the US and to insist that the two could be friends and partners.
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Without that injection of almost a trillion US dollars, the Chinese property market, among other things, will complete its collapse. Indeed, even with such an investment, it is probable that the mainland Chinese property market and overall economy would continue its slide. The scale of private sector bankruptcies and the interruption and closure of so many factories cannot be reversed overnight, and foreign trust in the PRC cannot be rebuilt overnight.
(Excerpt) Read more at oilprice.com ...
Castro seemed to do ok.
1959 ... ummmm
-fJroberts-
Sad news for the “China is Superman” cult. TikTok will double their pay to spread the propaganda that everything in China is super-duper.
**** ? ****
did you mean long march year 1949?
No in 1959 China was starving and had no war machine but once they were allowed to enter the free trade agreement they made up for lost time.
With so many products the U.S. buys from them we are helping them to make their machine grow look how far they have came.
They are our #1 enemy and Biden is helping them all he can aka OWNED.
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