It’s a complete sham…
Check it out:
Between 1997 and 2013, the Export-Import Bank of the United States, which is an agency of the federal government, provided $1,946,035,918 in loans and long-term guarantees to banks in Communist China and Russia, according to the Ex-Im Bank’s annual reports.
The Ex-Im Bank, which was formed in 1934, has posted on its website its annual reports going back to 1997. They show that between 1997 and 2008 specifically, the Ex-Im Bank provided loans and long-term guarantees totaling over $1.9 billion to banks in China and Russia, including banks like the Bank of China, the Russian Agricultural Bank, China’s State Development Bank, and Gazprombank just to name a few.