BRICS wants to expand

[Remorseless1]

The PRC's economy is having issues right now, possibly slipping into a mild recession. Good thing the Chinese are getting all that loan cash. As contrast, industrialized Western countries set up the the International Monetary Fund, which has its own nasty issues, but loan payments go back into the fund, not into the pockets of the US or any other contributory donor nation.

 

[Hygro]

Whether their current leadership knows what it’s doing economically aside, and we will find out, they have all the tools necessary to handle their own financial based recession with power and grace.

 

[FriendlyFire]

Whether their current leadership knows what it’s doing economically aside, and we will find out, they have all the tools necessary to handle their own financial based recession with power and grace.

China is juggling a lot of debt, It remains to be seen how much of this is bad debt but its starting to wobble
Both of Chinese largest builder are in distress and construction/real estate accounts for around 25% of there economy