this is incorrect you are immensely ignorant. the debt comprises many thing not as detrimental to the economy as sovereignty debts. also fx reseserve is just one of HK's reserves.
explain ????
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this is incorrect you are immensely ignorant. the debt comprises many thing not as detrimental to the economy as sovereignty debts. also fx reseserve is just one of HK's reserves.
India's debt problems are already way worst than China's (but without any of the benefits). Stop kidding yourself.
Chinese State Owned Enterprises owe Chinese Money to Chinese state owned banks. What?? China is going to force bankruptcy on itself??
Indians getting desperate in their jealousy and envy.
"Males shouldn't be Jealous, That's a Female Trait" - Jay-Z
i have no obligation to give you a foc lecture. go to you lowly paid indian professors for help.
India's debt problems are already way worst than China's (but without any of the benefits). Stop kidding yourself.
Chinese State Owned Enterprises owe Chinese Money to Chinese state owned banks. What?? China is going to force bankruptcy on itself??
Indians getting desperate in their jealousy and envy.
"Males shouldn't be Jealous, That's a Female Trait" - Jay-Z
i have no obligation to give you a foc lecture. go to you lowly paid indian professors for help.
people want food ... not HSR.
people want medicine .... not "ghost cities".
people want water .... not "rare earth production facilities".
people want clean air .... not "3500 million tonnes of coal burnt into their air".
but the debt is all about borrowing people's life saving .... and making HSR, ghost cities, "rare earth production facilities" and "more and more coal mines".
because the govt does not care about what the people need ..... but what USA consumers need, europe consumers need.
and USA consumers get all that just by updating fictious numbers in a computer database saying china is allocated so many dollars.
the people's republic works not for the people .... but for USA.
but the people will stand up ... one day.
LOL at fake indian news. China's 2011 GDP is $7.5 trillion. The debt is only 30% of GDP.
indian inferiority fail
your foreign reserves are 7.5 trillion??
External debt as of September 2011 is $697.16 billion USD$If I am not wrong, China has 3 trillion dollars of foreign reserves... and external debt around 1 trillion dollar... So China is fine...
You don't need to worry yourself...
More Indian BS. The PRC has lifted more people out of poverty in shorter time than anyone in the history of civilization.
"All that jealousy and envy comin from my enemies." - 2Pac Shakur
It is easier to close your eyes .... but wiser to face the truth.
Do you know who said this?
No, I don't.
accepting mistakes is first step towards correcting them.
good.