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NEW FEDERAL STATE OF CHINA

Michael McCaul reveals how the CCP’s scam, Belt and Road Initiative, works

Michael McCaul reveals how the CCP’s scam, Belt and Road Initiative, works

6/14/2023【House Committee on Foreign Affairs Hearing】Congressman Michael McCaul: China obtains almost zero-interest loans from the World Bank as a developing nation and then lends them at high interest rates to truly developing countries. Communist China has these developing countries under its thumb through predatory lending and debt traps and then coerces them into providing political support.

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