China Says NO to IMF and World Bank: What Next?
China has been actively developing alternative financial institutions to reduce its dependence on US-based organizations like the World Bank and the IMF. This strategic shift aims to enhance China’s influence in global financial governance and provide a more diversified financial landscape for developing countries. Two key institutions in this effort are the Asian Infrastructure Investment Bank (AIIB) and the New Development Bank (NDB).
In this video, we delve deep into China’s strategy to reduce its reliance on Western-led organizations.
43 Comments
China Stop Export to the US: Watch the video here
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https://youtu.be/1qDXeuFz1js
The IMF and WB are financial weapons of America and its allies to prevent poor and developing countries from moving up a level.
As the dollar collapses sovereign dollar debt held by the global south will in real terms evaporate.
Good for China
I noticed this channel won't give a mention to BRICS as it is a collective idea of BRICS and not China's alone.
I predicted the Collapse of the IMF and World Bank at the beginning of Ukraine war. The fiscally and morally bankrupt West pursues the same colonial policy, disguised as democrancy, human righrs etc. The American saying summs up world's attitude towards the West: Cheat me once, shame on you. Cheat me twice, shame on me.
The archenemy of the Western Civilization is the Israelite International, not the entire world. Europe will disengage from the AngloAmerican stooge and rejoins Russia. A direct military confrontation between the AngloAmerican and the Israelite International is inevitable. The second civil war in the United States will bring the collapse of the British Monarchy and demise of Israel. 😅
Let's hope the BRICS, BRI, the development bank and the SCO can withstand the military and financial pressure from Wall Street and Washington long enough to establish a foundation as tensions between Russia and China and the U.S. continue to escalate, threatening the U.S. oligarchy, the once dominant unipolar hegemon.
Good for china , it is along with Russia the hope for a better world❤❤
Good…The IMF and World bank went NWO…..I'm glad they're being pushed back….!!!!!
WESTERN DEMONS DEBT TRAP
More power to 'em! The IMF and the World Bank are simply a drain on American taxpayers when they keep funneling $billions to chronic losers such as Argentina!
This is so important to counter Corporate Media misinformation and blatant racism.
One just sees what countries are the CCP friends: North Koreia, Russia and Iran and it's clear what are its goals: to enslave the whole world in the communist manner. NO, THANKS‼️‼️‼️
💚ThankS💚
MeritocracY
💚🐉🇨🇳🐉💚
SinospherE
🌀☸️☯️🕉️🌀
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The "Global Reserve Currency" is the US Dollar, is the Federal Reserve FIAT Currency. JECKLE ISLAND, 1911 2% annual devaluation dead in 50 years drop gold standard and take civilian gold. JECKLE ISLAND 2, 1971 Saudi Arabia backed "Petro Dollar" 2% anual devaluation, dead 2021, "covid shutdown". Bank of International Settlements, International Momentary Fund, US Federal Reserve (old European Money Families) trying to maintain financial Serfdom over the Working Families of the world. Old Chinese money families reclaiming Global Financial Serfdom of the Working Families of the world,(china).
Decentralized Open Ledger Crypto Currency = Financial Freedom for the Working Families of the world.
Imf and world bank is the western bank,
US policy of neo colonialism has stopped working this is to be expected
Even Americans stopped supporting US policies
Did you see the new American Dream is to permanently move out of the country?
Thank you for your excellent reporting on topics not properly discussed or discussed much at all by Western media.
Chinese smart and has wisdom
IMF is a tool control by United State to rob the poor. World Bank too is not any better than IMF. Both aim to install politically friendly governments to them. In Asia , we have Asia Development Bank which is in the hand of Japan.
Western colonial tools. Good riddance
China has the manufacturing capacity, and Russia has the resources to be actually valuable to the world. The US provides money at a cost.
Federal Reserve how ironic, by printing toilet paper and polluting the rest of the world with their draconian policies. The pot is calling the kettle black.
All Africa will do the same thing
We need new superpower
More senction on Russia and China.
TQVM to Fastepo for this informative and insightful video.
I am very happy to note that both the IMF and WB which have been used to subjugate and impoverish recipient countries have slowly been rendered undesirable.
BRICS is building a parallell economic & trading system to that of the West.
Very good strategy 👏👏👏👏👍👍👍👍👍keep going 💪💪💪💪💪
If a country wishes to achieve financial emancipation must join BRICS.
🇨🇳🇨🇳🇨🇳
Well done china ❤❤
All countries should follow suit, the world don't belong to USA or the West
IMF and the World Bank is where the term 'debt trap diplomacy' came from in the first place. As always, the US hypocritically applies its own well worn methods on others, including 'economic coercion', to blame and smear China. Totally insane.
support Canada to be more strong.
Wonderful.
According to IMF rules, the lender should have certain rights to change their clients economy policy, so China could tell the US how to reform their ridiculous economic, right? Nah… So fk it.
The imf should be disbanded.
Western financial institutions are complicit with rogue nations to confiscate / steals foreign $$$ weaponising the dollar to undermine developing countries. Guess what, they are dumping your currency. Any country who can avoid using will discard $$$$
International Mafia Families
IMF POLICIES MAKES COUNTRIES INTO POVERTY ,, INCREASING DEPENDENCY .
THE DREAM OF THE DEVELOPING NATIONS..IS MULTI-POLAR WORLD..AWAY FROM USA HEGEMONY.
Seems like bs. Theyve had a stranglehold over most of the world for many decades, starting multiple centuries ago. The countries that buck the IMF private families get their countries sunk, their leaders assassinated, their economies tanked.
More likely the IMF is switching support from a bucking america to china and russia for playing ball better than america is.
No one says no to the World Bank and the IMF. Why? Because they are taxpayer backed loans… countries can stiff them and not pay back the loans! Just like the Dodd-Frank mortgage debacle. Only US taxpayers loose! Any country will nab a loan where they can stiff US taxpayers!