Chinese authorities are allowing more companies to renege on their debts, where once they would have found ways to engineer bailouts.
So far defaults have mostly been concentrated in credit-starved private companies, but even some groups with state backing are now failing to repay creditors as promised.
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So stealing technology, dictating the pursuits of citizens, throwing people into prisons for political reasons, doesn't work? Innovate and support liberty, or suffer. Americas secret to a strong, diverse, innovative economy lies in their civil liberties.
Thank you sanctions. Years and years of stealing intellectual property and saving trillions on having to do their own R&D. I’d have to begrudging score President Trump a point. Keep it up!!!