China is Canceling the Debt of the World’s Most Impoverished Nations

China is Canceling the Debt of the World’s Most Impoverished Nations

From sittshow:

This sounds like encouraging news on the part of China. Perhaps there is nothing nefarious going on, however this is the same nation that has been committing human rights violations as a matter of public policy for decades, not to mention systemic environmental pollution.

What impact this could have on the global economy is unclear, but this seems to be part of a grander economic plan developed in the past.

more http://sitsshow.blogspot.ca/2015/11/china-is-canceling-debt-of-worlds-most.html

Story image for china debt least developed countries cancellation from The Guardian

Don’t get excited, China is not the new aid superpower

The Guardian-Nov 3, 2015
China would also try to increase its investment in the least developed … would cancel some of the developing country debtowed to China.
IITM:  This is a step in the right direction… of true world peace… for real… not just talk… not just puppets mouthing empty words.  Perhaps there is something self-serving in this development, for China… but at the very least, it is a step in the right direction and needs to be supported… oh, question it and everything…. but know progress when it happens; you gotta start some
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s