Learn about the current situation in Albania, the iron buddies of the year
As long as China has it, Albania must have it. "This kind of deep friendship is very touching.
During the Cold War in the last century, Albania, as the forefront of the socialist camp and the capitalist camp, faced tremendous pressure and challenges. In order to safeguard its own interests and survive, Albania has made a striking demand for assistance, that is, the country's standard of living must be better than that of other European capitalist countries.
This requirement reflects the great importance and firm belief that Albania attaches to the development of its own country, as well as its strong pursuit of justice and reasonableness.
Albania had started with the aid of Yugoslavia, but only three years later they began to turn to the Soviet Union for help. For the next dozen or so years, they relied on Soviet aid for development.
However, after that, Albania's relations with the USSR broke down, and they quickly turned to China. Between 1954 and 1978, China's aid to Albania exceeded 9 billion yuan.
At that time, in 1970, China's per capita GDP was only $113. However, with China's all-round assistance, Albania's per capita GDP has reached more than $1,000.
We are resolute and selfless in our assistance to Albania, even if we need to tighten our belts. They need special steel, which we can't produce, but we still import it from abroad, pay precious foreign exchange, and send it directly to them.
At the same time, we also provide hundreds of thousands of tons of food every year free of charge, although our own food ** was also very tight at that time. We are willing to do what we can to help them through this.
1.It was not until 1979 that we stopped providing aid to that country, and immediately after the cessation of aid, Albania regarded China as its worst enemy. Without China's aid, the country's GDP per capita has even fallen to $200.
2.It wasn't until 1979 that we stopped aiding that country, and as soon as we stopped aiding, Albania made China its number one enemy. And without China's aid, the country's GDP per capita has plummeted.
3.It was not until 1979 that we stopped aiding the country, and immediately after the cessation of aid, Albania regarded China as its primary enemy. Without China's aid, the country's GDP per capita fell to $200.
Albania, located on the western shore of the Adriatic Sea on the Balkan Peninsula in Europe, has an area of 2It is 870,000 square kilometers and has a population of about 2.83 million, with the capital of Tirana.
Albania has the mountain eagle as its totem, and the seal of the national hero Skanderbeg is also stamped with the mountain eagle. On the country's coat of arms and flag, we can also see a double-headed eagle.
For this reason, Albania is known as the "Land of Mountain Eagles".
Albania was ruled by the Ottoman Empire for up to 500 years, and as such, it was one of the few countries in Europe with a predominantly Muslim population.
Despite its small population, Albania is considered a poorer country in Europe. However, the country's natural beauty is equally remarkable. In particular, its beautiful women, who are not only slender and fair-skinned, but also have beautiful faces, add a unique landscape to Albania.
However, in 1997, Albania shocked the world by triggering severe social unrest and economic crisis due to illegal fundraising.
In Albania, in the mid-to-late nineties, private lending became a common phenomenon. These private financing companies lure large numbers of people to save at high interest rates.
Some companies even promise interest rates as high as 40 percent, which is quite a lot for ordinary people. Some people even sell their homes and cars to deposit cash into these financing companies in order to earn higher interest rates.
Albania used to be a closed country, and the local residents knew little about financial operations, mistakenly believing that they could get a windfall, and indulged in the dream of making a fortune. However, this drumming and spreading Ponzi ** eventually became unsustainable, and the bosses of the financing companies absconded abroad with the money, resulting in the loss of two-thirds of the country's participating fundraisers.
Albania, a small country with hundreds of thousands of bunkers, is known as the "Kingdom of Bunkers". In the 60s of the last century, in response to possible aggression, Albania built blockhouses on a large scale, and these strong fortifications can be seen both in the city and in the countryside, and even on the beach by the sea.
And the cement used in these bunkers is precisely the aid provided by China.
The Albanian Exchange was established in February 2018 and despite its long history, it has not yet been listed or traded. The main trading on the exchange at the moment is ** bonds and corporate bonds.
Albania's economy is largely dependent on agriculture, which accounts for half of GDP. In addition, Albania is strategically located and surrounded by wealthy countries such as Greece and Italy, so Albania develops organic vegetable cultivation and exports to these countries.
Albania does not have large enterprises and has a high unemployment rate. In 2020, the country's labor force population was 14080,000 and the unemployment rate is 117%。As a result, many young people choose to work abroad, with $400 million to $600 million in remittances flowing into the country each year.
Situated on the shores of the Adriatic Sea on the shores of the Mediterranean, Albania stretches for 472 kilometers of coastline and is full of rich tourism resources, attracting tourists from neighboring countries every year.
Tourism has become an important pillar industry in Albania.
Albania's GDP per capita in 2021 was $5,284, while the average monthly wage of employed people in the country was about $495. If you know something about this data and feel that you have gained something, please remember to give me a thumbs up, it will be my motivation to continue to provide valuable content!