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It's almost as though state control of the economy doesn't work in the end.

—Chris

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China’s Ticking Time Bomb of Debt

China's a ticking time bomb of debt and if it doesn't deal with it responsibly, it could soon explode. In this episode of China Uncensored, we look at Xi Jinping's push to redistribute wealth, the relationship between the central government and local governments, and we answer a question from a fan on Patreon about foreign companies pulling out of China due to the CCP's covid policies. YouTube demonetizes our channels, we need your support! https://www.patreon.com/ChinaUncensored https://chinauncensored.locals.com We also accept bitcoin! https://chinauncensored.tv/bitcoin Buy our merchandise! https://chinauncensored.tv/merchandise Make sure to share this video with your friends! ______________________________ Subscribe for updates: youtube.com/ChinaUncensored?sub_confirmation=1 ______________________________ Twitter: https://twitter.com/ChinaUncensored Facebook: https://facebook.com/ChinaUncensored Instagram: https://instagram.com/ChinaUncensored And check out the China Unscripted podcast! https://youtube.com/chinaunscripted ______________________________ © All Rights Reserved.

Comments

Tony Chopkoski

Thanks for your ever present eye on this subject! It is...cracks in the dam!

Anonymous

Debt and zero liberty. But at least they have equity.