The move comes as fears grow over problems in the world's second largest economy.
  • TIEPilot@lemmy.world
    21·
    1 year ago

    Why should the US bail them out when 90% of their bad investments are in mainland china? Let them fold.

      • TIEPilot@lemmy.world
        121·
        1 year ago

        I would like to know that 100%. The mother corporation can push their debt onto subsidiaries like the US holdings.

        I have seen this happen a few times when the company I work for get bought out/taken over. These were multinationals, but no bankruptcies happened. We just had to suck it up and pay it down…