A Decade of Chinese Investment Fails to Turn Around Pakistan's Economy | VOANews
ฝัง
- เผยแพร่เมื่อ 8 ต.ค. 2023
- As China marks 10 years of its global Belt and Road Initiative, VOA's Pakistan bureau chief Sarah Zaman looks at why one of the BRI's biggest projects, the China-Pakistan Economic Corridor, failed to spur substantial economic growth in Pakistan despite boosting its infrastructure.
» Subscribe to VOA News: bit.ly/3KIPysi
» Watch more VOA News video: / voanews
Voice of America (VOA) is the largest U.S. international broadcaster, providing news and information in more than 40 languages to an estimated weekly audience of 236.8 million people. VOA produces content for digital, television, and radio platforms. It is easily accessed via your mobile phone and on social media. It is also distributed by satellite, cable, FM and MW, and is carried on a network of approximately 3,000 affiliate stations.
Since its creation in 1942, Voice of America has been committed to providing comprehensive coverage of the news and telling audiences the truth. Through World War II, the Cold War, the fight against global terrorism, and the struggle for freedom around the globe today, VOA exemplifies the principles of a free press.
Connect with VOA News:
» VISIT OUR WEBSITE: www.voanews.com
» LIKE OUR FACEBOOK PAGE: / voanews
» FOLLOW US ON INSTAGRAM: / voanews
» FOLLOW US ON TWITTER: / voanews
CPEC is Nothing But Chinese Highway With Pakistani Dhaba (restaurant) 🤣
😂😂
🤣🤣🤣
Noice 👍😁
😂
😂
Indian here. No country will economically prosper if its miltary budget eats up more than 3-5% of their GDP. In Pakistan, other than Army's straight budget , they run many business as well . For me,Pakistan 🇵🇰 is basically a Myanmar 🇲🇲 without a Sanction .
You are quoting the fake numbers provided by Pak Army. It is much higher, no one knows exactly how much.
lol Indians talk like they are super rich 🤣
@@RajKiran-nx4krit's like 50% plus for sure
Pakistan much better than Myanmar lol
@@widodoakrom3938 yes but it's going that way
China got a highway+port and Pakistan got a dhaba
😂
😂. Hatti
😅😂
Hahaha🤣🤣
REASON:
1. Islam
2.Divide and rule politics
3. Hate politics
4.Finding Happiness when seeing others are pain and suffering. ( Pakistan got 24 % Hindus while independence)
Now below 1%
if reason 1 is Islam then how are Turkey, Malaysia, Indonesia, UAE faring so much better? You are a Islamophobic person. Reasons are several, intolerance is one of them but that is due to the entire sub continent nature. P.S Hindus are very well settled in Pakistan, contrary to what rubbish is being fed to you.
Don't worry their sky daddy all@h will save them😝
@@obergruppenfuhrer-😂 like he saved gaza
Pakistan hatred for other religions led them to this condition.
@studywithshubham284 we learnt it from the Indians especially since they are leading the initiative.
@@paripatang9403 really you kearnt it from India.. We hindus saved tiny population Jain religion, mahavir religion budha religion from thousands of years while you ool finished all the minority in just 50 years
@@paripatang9403is that the reason why india is the fastest growing thriving economy?😊
@@paripatang9403y'all never learnt it from anyone de ar paa ki. Extremism in paa kistaan has always been there.
@@YS27122 proud to be slave race 🐕🦺💩😮
What I don't understand is how Pakistan is so foolish to allow China to rip them off like that?
China gives Pakistan loans at secret interest rates.
China brings its own workers and companies to make the projects.
Pakistan pays for the workers, the companies and Chinese machinery from the Loan they took.
How the heck would Pakistan benefit from that whole process? Isn't China just providing its own people employment through indirect means while also drowning Pakistan in debt?
🤣
corruption ... Pakistan has been living off handouts from other countries. China saw this as an opportunity to bribe them, since it's easy. Give them billions, they will mismanage it, and become debtors of you. Another slave for China in the pocket.
They pay off the Panjabi generals thats how
And yes the belt and road project has been already deemed an scam and many countries have fallen in to economic failure because of it
Pakistani Muslims are retarded
They teach in school , madrasa that india is your enemy from day one 😢😢😢 But we indian teach our kids science , engineering that's the difference not about pakistan 😂😂😂
@SSSD04 is that why your country has a high female infanticide rate, low education opportunities, discrimination against minorities and lack of sanitary services?
@@paripatang9403 Pakistan is literally a sith hole compared to india
Pakistan is an Islamic apartheid military dictatorship
All money from China js quickly embezzled by the greedy Nazi like Pakistani Army
Pakistan is just a bunch of land given to Indian Muslims by the British before leaving.
Pakistan has no real identity or future. Just a placeholder that will be forgotten in a century.
There are at least 60 thousand madarsas in India, more than Pakistan, they aren't empty.
@@Rocket_T2and find out their prospects after that, hald baked information is as useless as religious fascism
When I see the term " property price increasing " I feel like the locals will be outpriced to buy their own houses.
Price increase is a scam , people rush to buy investment properties but end up collapsing. Chinese inflate the prices and offer discounts and lure locals with tour packages , gifts and flee
True
That's market driven change
Yeah, it's much better to have a weak economy, poverty, low education, and corruption. Add a little bit of flooding and a bunch of religious intolerance and you've got paradise! It's wonderful!
Everyone knows this except Pakistan!
Haha true
Now Bhikaristan 🇵🇰 is a Chinese Colony 🇨🇳 😂
@vishwasraorane6954 why is it tearing your @$$? You're not paying for it.
@@paripatang9403 na bruh we r having fun
@@paripatang9403 cope slave race 🐕🦺💩😮
@@paripatang9403Pakistan is an Islamic apartheid military dictatorship
All money from China js quickly embezzled by the greedy Nazi like Pakistani Army
Pakistan is just a bunch of land given to Indian Muslims by the British before leaving.
Pakistan has no real identity or future. Just a placeholder that will be forgotten in a century.
@uwith 72 hooray 😂ser-tp2tm6fy9i
China invested in Pakistan's Army & Politicians 😂
A country has highest no radical & terrorisim involved citizens, incompetent & crupt govt, military rulling from behind the doors.. what else you can expect...Just checkout the rate of interest for Chinese debt financial sheets, you will cry....Pakistan dieing day by day...A USA think report published pentagon says Pakistan have highest probability to collapse & divide further due to above mentioned....So it is inevitable, bound to happen may be not today but for sure in coming years...
Concentrate on mauripur and khalistan brahmin indian your radical Hindu Rss minister is in trouble..
@@mohsenkhan741yes, anyway Pakistan dies itself under Asim Munir and Sharif brothers. We don't have to worry much about it.
@@mohsenkhan741 Any one can comment on economy .
@@mohsenkhan741stop selling ur daughters to China and to arab countries 😢😢
@@mohsenkhan741ঙঢ় দল বড় বড় বড় অংক এর
এর
That was not Chinese investment. That was debt trap.
What is export worthy is there? Donkeys.😂😂
Exporting donkeys from Pakistan would be classified as "brain drain".
@@pissupehelwan😂😂😂😂
Pakistan and China, a match made in heaven 😂😂
CPEC and every other Chinese belt and road initiative is of the Chinese, by the Chinese and for the Chinese. Chinese never give a penny in free grant, it is always high-interest debt from the Chinese loan sharks. Due to Covid and geopolitical animosities, the Chinese economy is stagnating and exports are falling, making CPEC even less feasible than before. China is more focused on getting oil and gas via pipelines running through Iran, Afghanistan and Central Asian countries. The inescapable reality is that CPEC corridor is running through the hotbed of Islamic terrorists and disputed Himalayan Kashmir, and thus a big gamble for the Chinese communists, who ideologically hate radical Muslims and visa versa.
Chinese Neo-Colonialism!
An Indian here but I really want pak people to prosper.But I don't know how Pakistani people think.They take high interest rate loan from China.All money goes back to China as Chinese workers and companies are involved.No employment to Pakistan.No projects to Pakistani companies.
I m literally Pakistan is going in debt trap but all jobs,projects,money,prosperity are going to Chinese.I really urge Pakistani people to alteast they think about it.
China is becoming prosper but Pakistan poorer
What are the interest rates?
@@THEeaternalpeopleNah they can't prosper, their peanut sized brains considers china as their sole helper😂😂no bright future for them for at least 10-15 upcoming yrs
@@degol5692they're secret and reports say they're very high
Kashmir toh bahut dur ki baat hai... Yeh bhikaari abhi bhi Ghazwa-e-Hind k sapney dekh rahein hai...
😂
You fail to mention how an ex officer of the military and chairman or CEO of CPEC now owns 90 branches of pizza outlets in the usa.
Decade of loans, not investments.
The 100% increase in power prices in Pakistan is because China has taken over hydropower projects and mandated Pakistan to buy at much higher prices. It is very nice treatment of Pakistan by China.
nope, it is because of depreciation of our currency, hydropwer is cheapest in pakistan followed local coal which has developed fully by china, the other plants which were chinese and old plants which ran on imported fuel has really high prices.
@@majidmehmood3780But all projects,employment,money,prosperity are going to China ,guess what Pakistan is getting debt!debt!
India and Pakistan both are making chips 😊
🇮🇳- Semiconductor chips
🇵🇰- potato chips .... 😂😂😂😂😂
CPEC to nowhere
They terrorists killed some Chinese citizens who are in Pakistan building CPEC. Fumed chinese withdrew their citizens and stopped their investments. But Imran Khan assured china and provided protection from their military forces near CPEC works. The Chinese investments were beyond their agreed numbers, and China didn’t mind because it needs Gwadar port so it can skip malacca choke point in the future. This gives Chinese exports and imports not affected even when it starts to invade Taiwan & retake Hong-Kong when British agreement is completed. But investments needs time for returns and even before Pakistan has plunged more into debt and turmoil. The crisis is soo bad the country can’t even afford for its energy requirements, what energy it can provide for if any investments coming? Saudi & Kuwait stopped funding to Pakistan as it can never repay them back. IMF has mortgaged foreign properties of Pakistan before lending loan. The PIA was mortgaged, Pakistan consulates have been mortgaged for dollars, Gwadar port would be eventually taken over by china as 100 year lease. Kashmir would be integrated into India ( says pakistan occupied kashmiris ) . Baloochistan province would either be independent or annexed into Iran as they border Iran and closely associated into Arabic culture than Urdu( they always wanted to be part of India though but india doesn’t want a hostile land between iran & Pakistan. It would inflict more harm if baloochistan joins India than it join Iran or rather stay independent ) Afghanistan taliban claims kyber pakhtunkhwa is ethnically pashtuns divided between Afghanistan and Pakistan. Pashtuns are majority in Afghanistan so they claim that region. The remaining Punjab province and sindh province have Lahore and Karachi they can establish into independent states. Also Khalistan wouldn’t happen even in the wildest dreams.
China is not interested in helping other countries benefit. The US is really the only country you can partner with, if you want to grow your countries economy through trade. You can send raw materials to China, but ultimate that is because they are producing products for the US too.
You are lying. China is helping 150 countries of the world. US is pure thug and want your resources only. Keep your mouth shut
🎉
th-cam.com/video/7zxypFEpNtg/w-d-xo.htmlsi=U81uiEyXwJOv73Pu
Right
😂😂😂😂😂😂😂 ok
Lol usa is no saint, if usa invests in a country it is for monetary returns and not ideology. usa under nixon during deng xiaoping built modern china - ideology didnt matter then. usa doesnt care even for its own soldiers, that is why it still backs pakistan from time to time to acheive tactical goals despite assassinating osama bin laden in abbottabad, pakistan.
Those who believe chinese people will be friends also believe in unicorns!
Nice one, you got that right.
Chinese even betrayed communist soviets & Vietnam.
These Chinese projects do not not provide meaningful employment to the local population. They did the same things in Nepal (two airports), Hambantota Port (Sri Lanka) and in many African countries. India woke up just in time to cancel the project for one leg of EDFC (Eastern Dedicated Freight Corridor) Railway which was awarded to a Chinese company. They were going to bring engineers and skilled workers from China- so not much employment for Indian engineers and workers and most project monies go right back into China.
Pakistan describing their relationship with china...."Higher than Himalayas, deeper than oceans, sweeter than honey"😂😂😂😂
Pakistan economy hollow as it can....
From the river to the sea
Car parking will be free
Title of video : "Chinese Debt Trap of Pakistan"
When did the Chinese invade Pakistan?
Now!
Not investment that's loan at undisclosed rates
Thankful to my ancestors for choosing INDIA ❤❤ Hope pakistan learns from its mistakes and work towards development instead of indulging in cross border terrorism 😊
I hope they don't
Pakistan is an Islamic apartheid military dictatorship
All money from China js quickly embezzled by the greedy Nazi like Pakistani Army
Pakistan is just a bunch of land given to Indian Muslims by the British before leaving.
Pakistan has no real identity or future. Just a placeholder that will be forgotten in a century.
and half a century of US investment also failed to turn around Pakistan's economy too. Why so? Dont tell, Dont ask..... everyone in the subcontinent knows it :D
@rathranjankumar the US didn't invest in Pakistan. They only served their own interests. How about India licking the boots of any country that throws a crumb at it?
They literally had blank cheque of USA for 3 decades but still failed miserably
According to Quran Receiving or paying interest is sin but Quran is silent on Bribery and Corruption. Therefore it is not sin in Pakistan.
Damn. Pakistan is eating India's dust in economic terms.
lol it’s like trying to turn a supertanker-after it’s capsized lol
It helped London s economy grow allot lol
Eventually it was bound to fail
O amount of FDI can help PAXTAN. NOT EVEN ALLAH! 😂😂😂😂😂😂😂😂😅😅😅
Pakistanis captured 100% market in puncture business😂😂😂😂😂
Bharat love this fairytale
India send AID to Afghanistan and srilanka and a lot of african countries! India literally bailed out srilanka from bankruptcy due to chinese loans!
India is the world's 2nd largest agricultural food producer and a top 5 exporter of foodstuff!
Besides
How many countries can send satellites in space using their own rockets? How many countries got own navigational satellites in space? How many countries gone to mars and moon? Have ICBMs? Nuclear triads? nukes? Anti satellite missiles?
India 🇮🇳 got all of them!!
Proud to be an Indian!!
India 🇮🇳:: GDP (ppp) : $13.033 trillion (2023) GDP (nominal) : $3.75 trillion (2023)
Pakistan 🇵🇰 GDP (ppp) : $55.5 billion GDP (nominal) : $31.5 billion
Bangladesh 🇧🇩 GDP (ppp) : $900 billion GDP (nominal) : $420.52 billion Poor beggar pakistanis!! 🤣🤣🤣🤣🤣
So why is Pakistan economy so shit right now?
Don't rely on china too much,china is reason why 100 million pakistanis living in poverty
bro don't take it funny it's a serious issues it's not a fairytale, then what is the reason behind Pakistan's drowning economy
Lol yeah in reality pakistan is richer and more developed than south korea and 90% of world trade goes by BRI and yes its also finished
The English dub guy feels like he is talking from his deathbead....😅
Because it wasn’t meant to be for your development. It was designed to help China. U guys didn’t understand it😂😂
Leaving all other factors facing Pakistan aside like political instability, terrorism, shortage of everything etc, the hope in Pakistan ,was for Chinese factories relocating to Pakistan and thus being nearer to Africa, middle east and Europe thro Gwadar together with cheap Pakistani labour, it will be a jackpot, but we see now that the Chinese economy is faltering and the rivalry between China and the West is growing, so simply put,CPEC does have a bright future ahead if at all. China will loose its money in Pakistan coz Pakistan will be not able to pay back
Even if they are fed well
Pigs won't give eggs
When more children are in madarssa than formal schools this is what you get.
Investment for debt trap 🎉
Well the right title would be 4 decades of American and 1 decade of Chinese investment fails to turnaround Pakistan..
Islamic fundamentalism+ No oil+ Corrupt Army and politician+ Dumb Citizen(Madrassa educated)😂😂😂 = tauba tauba
Edit- India builds avg 23km a day...we would have built your 120km in 6days😂😂😂
With due respect to the eatery owner, all this was what the CPEC could achieve?
The Army top brass saw this as an opportunity to get rich quick. And thats exactly what happened. Billions were siphoned off to personal accounts overseas of Army top brass.
No hope
Where are industries which will provide employment?
It wasn't investment it was loan at higher interest rate
Give it one more decade
Is Chinese friendship trustworthy or not? No one can tell this more than Indians. 😂😂
Firstly british and now china rulling them. India grew up from colonisation but pakistan never learned.
لطفآ ترجمه فارسیچاپ شود
After few years of handshake Chinese soon realised they lost few fingers 😂
Now they can't run away without fingers & also don't want to shake hands 😂
It is part of India illegally occupied by Pakistan
China gets direct access to Arabian sea as name of CPEC😅
What are your implying? Do you mean Pakistan can't even make a Simple road without the help of China? Seriously what an Embarrassment to South Asians 🤦
Islam is a tolerant secular and religion of piece ✌️💣
yeah very tolerant thats why during independence there were 25% hindus and now its 3-4% .so tolerant religion
Still in these times its shocking to hear many pakistanis saying that they wanna go to war with india over kashmir , My god 🤨🤨
Their obsession with kashmir is also one of the main reason for their downfall they only focus on kashmir and invests in terrorism that's why they never developed and they never will 😂
I remember explaining a pakistani on quora that CPEC will backfire he was soo ignorant saying indian doesn't want Pakistan to grow etc etc, they ran ads Pak Chin Dosti lol. We warned u but you didn't listen.
Musharaff betrayed Pakistan to the West, using as a base to launch war against Afghanistan. That screwed them and they merit it.
They always have sauid arabia who is like a brother who will save them with their humongous wealth, nothing to worry about. Chinese are anti religious, so i wonder how the relationship will be
investment was never meant to turn the economy around.
USA , that spoiled all that ..
Rahulji should bring his global experts to revive their economy
Pakistan people really want to think about it practically and rationally.Bro all your jobs,projects,money are going to Chinese in making a road which main aims is to be used as an alternative for Chinese goods route.
China shouldn't be this much selfish
China is in it to develop their empire. Infact china is applying the same tactics to a lot of countries, even african countries.
Failed state.😂
Thumbs up for Fresh Curry
Another country that isn't making it to the end of the decade
Dunno specifically about Pakistan, but why BRI is “popular” is that the money goes into the pockets of corrupt officials who sell out their country’s economy for the quick bucks. Usually, these countries are not eligible for IMF loans because this corruption. It’s the equivalence (and foolishness) of not qualifying for a bank loan and going for the loan sharks.
I should say that Mexico is benefitting from “Chinese investment” but not through BRI. Chinese companies who want business in the USA without the supply chain problems of manufacturing in China are locating their manufacturing to other countries. But this investment is not BRI.
Why is the VOA always bashing China? I mean come on its not China's fault that Pakistan cannot manage its economy,. The country WAY to much money on its military.
C pak will take many years to show growth. We just need the global economy to improve and there will be solid benefits from this venture
Each and every thing is haram in islum except for 4 year old girls and boys
Due to imran khan our foreign policy got much worse. And our neighbours sudia, uae stopped their investment. Now we are on right track. Previous month china's vice president visited pak and signed new mou. So, i think we r now on right track.
Chutiya hai kya? Desh china ko beche jaa rhe ho aur bolra hai "right track"
they just gave you more loans, which is more debt.
You decided to make india your enemy and china your friend, which in itself is a suicidal move.
taking loans from different countries doesn't solve your problem
Imran khan improved everything you idiot
Pkaistan is the prime example of "Hate will eat you from inside". This is the reason why India must remain culturally diverse. Their hatred towards begali language led to the creation of bangladesh. Pakistan's Ministers once used to brag that they will go to sleep hungry but they must continue their agitation "jihad" against India in kashmir.
Decades later, Terrorism is almost non existent in Indian kashmir, meanwhile pakistan is still busy courting khalistanis in hopes of dividing India.
Pakistan can literally earn billions just by being a nice neighbour. But they won't, our destruction is far more important to them(ISI & Army for the most part).
Modi actually visited pakistan in 2015 (A surprise move), Pakistani politicians even recieved him well, There were actually talks of resolving this hindu - muslim & even kashmir issue billaterally which is being dragged on since 1947, hopes were high in India & Pakistan. Pakistani ISI/Army sabotaged the relationship by sponsoring a terror attack on India (Pakistan based terror outfit officially took the responsibility) almost immdediately after modi returned to India.
But this can't go on forever, a time will come when pakistanis will realize that it is in our common interest to forge strong ties, be allies, pull our people out of poverty & focus on being one of the richest nations as we used to be in 1200s-1650s. Hope is all i have for now, i hope this feeling is not one sided otherwise we gonna loose big time lol :D
Pakistanis are not intelligent enough to realize that the collective good is in establishing good relations with India. The religious indoctrination has screwed up their head totally that they can't see the reason. There is no hope to return back to old India. India does not need Islamic bigoted creed. It will impede our progress. From India's point of view, Pakistan must always remain in an unstable state and there should be no peace inside Pakistan. Once they achieve a semblance of peace, the "alla jo akbar" crowd comes out and starts causing problems inside India. It's better for India that Pakistan remains in a dire state perpetually so that India can continue on the path of progress.
They have this notion they are superior (race) to kafirs. So it will be difficult and full of arguments.
Best leave them alone, there are like-minded countries they can go deal with.
No one's reading that bud
@@obergruppenfuhrer- yeah i can sense that already.
Look at what American investment in Afghanistan did in 20 years. I think anyone would choose Pakistan over Afghanistan any day.
Because they don’t like to work. Blame others for their failures. And definitely blame god. God they are aweful
They got that PTI flag
Pakistan China se loan letha hai woh bhi high interest rate par.
Phir ussi paise se chinese workers ko pay bhi karta hai aur oper se interest bhi deta hai China ko . High IQ people 😂
one word - corruption
who on earth came up with this BS? Lets talk about the facts and figure - 1) All investments provides employment and salary advantage for Pakistan (biggest sectors are in engineering, hospitality and food industries.) 2) The sectors that are "struggling" are mainly government owned agriculture land and productions (owned by the PK government "to provide lower cost of living for citizens". This part is their personal affairs.) 3) Again what is this video even about? MOST OF PAKISTAN'S DEBT has been written OFF. China has already accepted an understanding that Pakistan does have their own complications within their own political climate. Approximately $6 Billion was written off - if any part of this wanted to be considered "interest from the loan capital debt" .. China gave them another lifeline.
Chinese investment and development can work in east asian countries and not south asian, even when India is doing relatively better then Pakistan its nowhere near Project execution like East Asian countries.
The best example is Bullet train construction in India vs Indonesia.
We are not interested in expensive Secret intrest rate Chinese loan.bullet train project is delay due to politics here if Central and State govt rule by same party then project complete timely.sometime fill frustrated and angry but no one can do anything because parliamentary democracy with dueal govt system where power is not considered only in central or single person.things will happen but fully transparency.japan offer 0.1%intrest rate.after 15year lock on.and repay deadline around 50-60.can you or any pakistani or Indonesian citizens know how much intrest pay there country for these projects.
@@BharatKumar-qd9fm for Maharashtra and Gujarat it’s been BJP for most of the last 10 years, but still project is in initial phase. This problem is for all SAARC countries where corruption is rampant. Even east Asian countries have corruption but it’s mostly related to tender once the project starts it completes on time but here we don’t have guarantee about project completion, most of the projects have always been delayed , recently though there has been improvement in project completion but still long way to go to match China,
@@embeddedprojects2336Indonesian bullet train took longer than projected. Get ur facts correct.
@@mindguru22 how many years it took to complete ? How much its delayed ?
Comparing india with paxtan lol.
And this people want kashmir .......pfffffffff.... Smh
How is China supposed to save them when they have Pakisatani incompetence
Coz of Army rule.
Good to see karma working well.
Let's be realistic. Pakistan knows full well its financial constraint. It did try to appease India but fell on deaf ears. India will not want to help Pakistan which is broke. Only China is willing to help. But of course common sense dictate that the investment sunk in must be sustainable. Pakistan would not accept if it is a debt trap. Pakistan can judge for itself. Don't be a wet blanket. India can still offer interest free loan to Pakistan. Nobody stopping her
check who is sanctioning pakistan. then ask again why pakistan is having a hard time.
Pakistanis make fantastic tea.
- Wing Commander Abhinandan, who shot down Pakistanis F16 from his MIG Bison
Who is responsible - 1) Military Junta
2) Corrupt bureaucracy
3) Politicians & Fundamentalists
4) bra!n dead, dipped in lsIam Public😂
Pakistan is a Commonwealth country but it is not successful like Australia, Canada or Singapore.
😂😂😂😂😂 Pakistan☕
Cpec is just another way for Army to make more money
Failed state
Why can't 🇺🇲 just print 1 trillion dollars and donate to Pakistan?
There's no free lunch bro
It's not possible bro because Any country can print any amount of currency if it wants.But this will only lead to inflation and nothing else.
@@stevenuniverse429 china spent 40 years to earn 3 trillion dollars as foreign reserve
🇺🇲 printed 6 trillion dollars during covid pandemic (petro dollar)