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China is buying Italy (and we let them do it, because we are in trouble)
A few weeks ago, the Conte-Trump summit, now the one between Tria and Xi Jinping. With the aim of looking for powerful banks, in view of a possible financial storm. In exchange for anything. (Of Alberto Negri, LAWS)
Reporting of BastaBugie editorial team
Furthermore, in the religious field, Xi Jinping promotes the creator of the campaign that led to the removal of 1.500 crosses and the demolition of many Christian churches(AUTOMATIC READING)
The Chinese trade balance is abundantly in surplus with all the main industrialized countries. Virtually everyone finds themselves importing much more from China than they are able to export.
This process allows China to achieve steady GDP growth (approximately of 7% anno), therefore achieving the objective set by Beijing. Basically every year, a river of money moves from the West to China. With this money Beijing is buying companies, technology and “know how” from all over the world, it is transforming into a formidable economic and military power capable of influencing world balances and redefining its rules and principles.
In the 2017 China's overall trade surplus was $ 422,5 billion.
China's surplus to the United States in 2017 was equal to $ 275,81 billion (finanza.com).
China's surplus towards Europe in 2017 was equal to € 175 billion (ilgiornale.it).
China's surplus towards Italy in 2016 was equal to € 16,18 billion (infomercatiesteri.com).
These incredible numbers explain the reasons for China's power and difficulties, often disastrous, on the western side. But given that the Chinese have not proven to be leaders in any sector related to innovation, science or technology, so let's try to understand what were the causes that led to this new reality. Read More