China is on shaky ground financially

petros

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Nov 21, 2008
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I truly hope the next generation coming up gets royally pissed off at the bill their parents and grandparents presented them with and refuse to pay.
What do you mean next generation. Over half of Canadian debt is due in only 39 months. If there is nobody to repurchase the bonds, payment due is payment due.

Which National Parks do you think we should surrender to UNESCO via the World Bank this time?

Canada lost 17 Parks already....
 

Twin_Moose

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Apr 17, 2017
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What do you mean next generation. Over half of Canadian debt is due in only 39 months. If there is nobody to repurchase the bonds, payment due is payment due.

Which National Parks do you think we should surrender to UNESCO via the World Bank this time?

Canada lost 17 Parks already....
Is that why a few years back they were trying to force Canada to set more land aside for Green zones and National parks?
 
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Twin_Moose

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Pre Covid it was high on Trudeau's priority list.
Would this be an example of Xi complying and selling out, after the news of their current GDP pending collapse?

China's Xi Launches $232M Biodiversity Protection Fund for Developing Countries​


President Xi said China's contribution to the Kunming Biodiversity Fund would start at 1.5 billion yuan and that it would also welcome contributions from other parties.

He also announced a new national park scheme that would bring a land area of 230,000 square km (88,800 square miles) under stronger state protection.

The parks - which cover China's panda, tiger and leopard habitats as well as key nature reserves near the headwaters of the Yangtze, Yellow and Mekong rivers in the northwest - are home to nearly 30 percent of the key terrestrial wildlife species found in the country, Xi said.

China has identified funding as a key roadblock in efforts to meet ambitious climate and biodiversity targets.
 
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Ellanjay

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Apr 11, 2020
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Evergrande misses bond payments again; River overflows, drowns 12 Chinese villages | China in Focus​



More companies in the Chinese property sector are now caught up in debt. And the poster child for the sector’s woes, Evergrande Group, has missed its third round of bond payments in a matter of weeks. More floods strike northern China. Heavy rain caused one river to overflow, drowning a dozen nearby towns. As for farmers, many are hard at work trying to rescue their harvests and livestock from water damage. Armed with sub-par equipment, some have resorted to manual labor. China limits video game access for children to three hours a week. But some may have already found ways to bypass the rule. In Taiwan, more deaths have been reported in those who got vaccinated than from the pandemic itself.
 
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Twin_Moose

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DEVELOPING: China’s Property Sector Bonds Are ‘Getting Smoked’ – Will China’s Economic Woes Impact the Rest of the World?

By Joe Hoft
Published October 13, 2021 at 7:00am
167 Comments