There is no doubt that China is the big player in the area. Too bad they aren’t particularly nice. Though, of course, neither are the rest of the nations.
Despite Trump’s bluster, China’s “string of pearls” policy seems to be working. The String of Pearls policy is to establish a network of commercial and military bases in the India Ocean and along the Middle East Coastline down to Port Sudan at the Horn of Africa.
US small business bailout money flowed to Chinese-owned companies, analysis shows
According to a review of publicly available loan data by strategy consulting firm Horizon Advisory, $192 million to $419 million has gone to more than 125 companies that Chinese entities own or invest in. Many of the loans were quite sizable; at least 32 Chinese companies received loans worth more than $1 million, with those totaling as much as $180 million.
The amount of money given to China by businesses moving their manufacturing there has enabled China to wield more power. BTW, two of those business people that have their stuff made there are Donald and Ivanka. Including MAGA 2020 junk.
Concretionist over 3 years ago
There is no doubt that China is the big player in the area. Too bad they aren’t particularly nice. Though, of course, neither are the rest of the nations.
jdeathlogan over 3 years ago
Despite Trump’s bluster, China’s “string of pearls” policy seems to be working. The String of Pearls policy is to establish a network of commercial and military bases in the India Ocean and along the Middle East Coastline down to Port Sudan at the Horn of Africa.
The Love of Money is . . . over 3 years ago
Is this the new and improved Chinese Take Out ? Has anyone told Trump yet . . . .ok, nevermind.
Radish the wordsmith over 3 years ago
US small business bailout money flowed to Chinese-owned companies, analysis shows
According to a review of publicly available loan data by strategy consulting firm Horizon Advisory, $192 million to $419 million has gone to more than 125 companies that Chinese entities own or invest in. Many of the loans were quite sizable; at least 32 Chinese companies received loans worth more than $1 million, with those totaling as much as $180 million.
https://www.chicagotribune.com/coronavirus/ct-nw-nyt-paycheck-protection-program-bailout-chinese-companies-20200802-kxajrspia5bereyovmfx46ieuu-story.html
Nantucket Premium Member over 3 years ago
The amount of money given to China by businesses moving their manufacturing there has enabled China to wield more power. BTW, two of those business people that have their stuff made there are Donald and Ivanka. Including MAGA 2020 junk.