Comments by "红火树 RedFireTree" (@firetree2007) on "China's BRI Upsets NATO Nation; Minister Bashes Italy's Move; 'Most Ridiculous Thing...'" video.
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10 years ago, China was holding over $3 trillion in US debt, now this amount is less than $1 trillion, for 10 yrs, the money transferred from the US into BRI with $1.4 trillion, with this move, not only found a way to distribute risk of money reserve in a single potential enemy's basket, but also provided huge market for China's over capacity in production and labor, at the same time benefited the BRI countries in their urgently need infrastructure development and employment, with BRI the countries involved, according to the world bank, will promote their trade and GDP growth up to 4%
Italy's move mainly due to its internal political issue, wont affect much for BRI in total over 160 countries.
India can watch for free and cry unlimited.
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Unlike poor India, China has huge trade surplus, including India sent China $105 billion a year, now total FEX of China is about $3.37 trillion, almost the same as India's entire year GDP, this huge amount of money cannot be used in China or it may cause huge inflation, before BRI, this money mainly sent to the US to buy US debt, after BRI, this money now goes to BRI to generate more money. this is how smart China is, now you may cry .............
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