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China forex reserves rise to $3.204trln in July

Chinas problem is corporations (and household) debt in the hands of state owned unprofitable enterprises.
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Not really..Indian GDP was 3.8 Trillion in early 2023.
However Indian foreign reserves can buy entire Pakistan twice over.


It is ok they can take a small
Loan to complete the purchase

Why would you buy Pakistan ? .. they would just turn on you throw all of you in jail

And India can buy Pakistan twice over, what’s your point?

India is for sale

They actually can't, but that not the point. It's a big number. However i am sure they won't need this much to buy entire Pakistan few times over.

You right buying india is the bad idea ..

why cant they bail out pakistan with a change of $10 billion out of $3500 billion ?


Bcos even if they do they would just take more loans and squander
 
2023

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on one hand, western media claims that China owes too much debt, on the other hand, western media claims that as the world biggest creditor, too many countries owe too much debt to China.
 
on one hand, western media claims that China owes too much debt, on the other hand, western media claims that as the world biggest creditor, too many countries owe too much debt to China.
Its not the debt, but fast the debt has risen since 2008.
 
Its not the debt, but fast the debt has risen since 2008.
In China, debtors and creditors are mostly the same entities. China's debt is also China's assets, all banks, big companies and factorirs belong to the government.
 
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