Risk Watch: China’s State-owned Enterprise Debt Financing ‘Ponzi Scheme’

◎ SOEs cannot pay interest on their financing liabilities even if they are granted very favorable interest rates, let alone pay principle.

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Are Cultural Exchanges Next in Trump’s Push to Get China to Play Fair?

◎ Reciprocity in cultural exchanges would help to resolve the national security threat posed by the CCP and keep Beijing on the back foot in the long run.

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