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Winston Smith
China Observer
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Comments by "Winston Smith" (@kryts27) on "Huawei’s Out of Money! Issues $1 Billion Bonds, Phone Prices Plummet, No Buyers" video.
Like most CCP owned corporations, Huawei is hemorrhaging money and is being propped up from collapse by taxpayer issued loans. I think the CCP is in a debt hole where there is no return. This is state capitalist socialism; a failing system. This is an order of magnitude worse than the US bailout of banks in 2008.
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Issuing bonds is a government thing. This just shows you how closely intertwined the CCP and Huawei really are.
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