Yogthos on Nostr: #China uses its trade surplus with the #US and #EU to build infrastructure risk-free ...
#China uses its trade surplus with the #US and #EU to build infrastructure risk-free by lending the surplus in Euro and USD to BRICS countries.
This allows investing trade surpluses into developing economies instead of buying US Treasury bonds. The loans are used to build infrastructure, such as railroads, which benefits Chinese supply chains.
China can afford to ignore how the loans are performing because the stability of their supply chain is more important.
https://youtu.be/nGko26GHGf8
This allows investing trade surpluses into developing economies instead of buying US Treasury bonds. The loans are used to build infrastructure, such as railroads, which benefits Chinese supply chains.
China can afford to ignore how the loans are performing because the stability of their supply chain is more important.
https://youtu.be/nGko26GHGf8