TLDW

China uses its trade surplus with the US and EU to build infrastructure risk-free by lending the surplus in Euro and USD to BRICS countries instead of buying US Treasury bonds. The loans are used to build infrastructure, such as railroads, which benefits Chinese supply chains. China can afford to ignore whether the loans are performing because the stability of their supply chain is more important.

  • eldavi@lemmy.ml
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    9 days ago

    why does this guy always do his videos outside? it looks like it’s too cold to do that.

    it’s -2 degrees where i am right and i hope that the people doing trump’s raids today get frostbite. lol