China’s influence grows in Western-led financial institutions while Western taxpayers help finance Chinese-led institutions that lend billions back to China. "The central tension: China is the world's second-largest economy, holds $3.5 trillion in foreign exchange reserves, and has built its own rival lending infrastructure through the Asian Infrastructure Investment Bank. Yet it [China] continues to borrow billions from Western-led development banks..." Meanwhile, it is noteworthy that AIIB lending to China totals $4.8 billion across 24 projects. There’s also a proposed pipeline of $3.7 billion across 14 projects. That’s $8.5 billion for China financed by bank members including capital contributed by the taxpayers of Western countries like Australia, Britain and Germany. If China can afford to finance one of the world’s biggest military buildups in peacetime, it can afford to finance its own development projects. There is no sensible case for Western taxpayers to subsidize a country with $3.5 trillion in foreign exchange reserves that is simultaneously expanding its military capabilities and financing infrastructure around the globe through its own institutions. Indeed, there is something fundamentally backwards about asking Western countries to strengthen the economic capacity of a systemic rival country while poorer nations compete for the same limited pool of development capital. The purpose of development finance is to reduce poverty and support countries that genuinely need assistance, not to subsidize the continued rise of a geopolitical rival with ample resources to finance itself. legis1.com/news/china-financ… @CongressUpdate

ప్రజల పట్ల ప్రేమ, సేవా గుణం ఎప్పటికీ మారవు. "నేనున్నాను" అంటూ భరోసాగా నిలుస్తాడు మన వెంకన్న.. #congressupdate #telanganacongress #RevanthReddy #KomatiReddyVenkatReddy #prajanayakudu @TelanganaCMO @revanth_anumula @INCTelangana @KomatireddyKVR

మీనాక్షి నటరాజన్‌కు వెన్నుపోటు.. కాంగ్రెస్‌లో ఇంటి దొంగలెవరు... #MeenakshiNatarajan #CongressParty #CongressPolitics #PoliticalAnalysis #IndianPolitics #PoliticalNews #CongressCrisis #RahulGandhi #PoliticalDebate #BreakingNews #TelanganaPolitics #IndiaNews #CongressUpdate #LatestNews #PoliticsToday youtu.be/FbVbKmy65pY

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మీనాక్షి నటరాజన్‌కు వెన్నుపోటు.. కాంగ్రెస్‌లో ఇంటి దొంగలెవరు.. youtu.be/FbVbKmy65pY #MeenakshiNatarajan #CongressParty #CongressPolitics #PoliticalAnalysis #IndianPolitics #PoliticalNews #CongressCrisis #RahulGandhi #PoliticalDebate #BreakingNews #TelanganaPolitics #IndiaNews #CongressUpdate #LatestNews #PoliticsTok

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Sanjay Raut : ‘काँग्रेस पक्षाने अधिक मजबुतीने समोर आलं पाहिजे’ |Lokshahi #SanjayRaut #CongressParty #MaharashtraPolitics #PoliticalStrategy #Lokshahi #PoliticalRemarks #CongressUpdate P:TP

In any vulnerable times or geo- political tension businesses are always a prey for scams and frauds. ❤️🇺🇸

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House Judiciary Committee advances Trump-backed immigration bills while clashing over Supreme Court legitimacy. Panel unanimously backs victim protection measure but splits sharply on gang deportation enforcement. #Congress #SCOTUS #Immigration