World News@lemmy.worldEnglish · 2 months ago

China announces trillion-dollar bailout as debt crisis looms

www.semafor.com

cross-posted to:
worldnews@lemmit.online

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China announces trillion-dollar bailout as debt crisis looms

www.semafor.com

🃏Joker@sh.itjust.works to

World News@lemmy.worldEnglish · 2 months ago

cross-posted to:
worldnews@lemmit.online

China announces trillion-dollar bailout as debt crisis looms | Semafor

www.semafor.com

Burdened with huge debts, provincial authorities have been left struggling to provide basic services and pay civil servants.

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2 months ago
Bruh they can print the money for rich people just like USA does. It’s the same capitalist system everywhere. The rich get richer and the poor continue to drown in inflation, etc.

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