Can help or hinder, but impossible to control.

"Embattled property giant China Evergrande on Monday suspended trading on its shares on the Hing Kong stock exchange without giving a reason. The company's stock price has plunged around 80 percent since the start of the year as it teeters on the brink of collapse while struggling under a mountain of debt," NDTV. "Authorities have asked local governments to prepare for Evergrande's potential collapse, according to reports, suggesting a major state bailout is unlikely. The liquidity crunch has triggered public anger and rare protests outside its offices in China as investors and suppliers demand their money back." "Many people bought property from Evergrande even before building work began. They have paid deposits and could potentially lose money if it goes bust," BBC. "If Evergrande defaults, banks and other lenders may be forced to lend less. This could lead to a credit crunch", and "may also unnerve foreign investors". "The default troubles at the globe's most indebted property development seem like small embers compared to the $8.2 trillion worth of local government financing vehicles (LGFVs) outstanding," Forbes. "Ten months ago, these shadowy investment schemes had reached 53 trillion yuan, up from 16 trillion, or $2.47 trillion, in 2013. They now amount to roughly 52% of China's gross domestic product, topping the official amount of outstanding government debt." Pakistan is China's iron brother according to the Chinese Communist Party mouthpiece Global Times. Iron Brother is looking for a lifeline from the IMF. "Pakistan and IMF will hold staff-level discussions from October 4 to decide the thorny issues like further increases in electricity tariffs and approval of a highly controversial State Bank of Pakistan (SBP) Amendment Bill 2021 by the Parliament", which, if successful, "would facilitate disbursements of $1 billion by the IMF and another $1.6 billion by the Asian Development Bank ($600 million) and the World Bank", The Express Tribune. China's other friend, Myanmar's military regime which grabbed power in a coup on 1 February 2021, wikipedia, is also in dire straits. "Unlike Western countries that have condemned the junta for cutting short democracy and the killing and imprisonment of its opponents, China has taken a softer line and said its priorities are stability and not interfering in its neighbor," Reuters. Does not seem to be working. "Myanmar's currency has lost more than 60 percent of its value since the beginning of September, driving up food and fuel prices in an economy that has tanked since a military coup eight months ago," Reuters. "The World Bank predicted.... the economy would slump 18% this year and said Myanmar would see the biggest contraction in employment in the region and the number of poor would rise." Meanwhile, Chinese made phones sold in Lithuania "had a hidden though dormant feature: a censorship registry of 449 terms banned by the Communist Party. Lithuania's government swiftly advised officials using the phones to dump them, enraging China", and Lithuania has also embraced Taiwan, Economic Times (ET). Economies are impossible to control. Even by dictators.