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This really can't last much longer.

—Chris

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China Is Sinking Deeper In Debt to Save Its Economy

China's economy is not doing well, in large part because companies over-leveraged themselves. Instead of getting back on a sound financial footing, focusing more on actual revenue and less on borrowing though, China is using more loans to duct tape the economy together. In this episode of China Uncensored, we look at how China is sinking deeper into debt to save its economy, how it got so bad in the first place, and why stopping China's zero covid policy would greatly help, but won't happen any time soon. People Have Stopped Paying Their Mortgages—China’s Real Estate Crisis https://www.youtube.com/watch?v=dAC16SWDGto&ab_channel=ChinaUncensored 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 #China ______________________________ © All Rights Reserved.

Comments

Anonymous

Chris, could it be that China's upping the rhetoric and saber rattling on Taiwan is nothing more than a distraction tactic to turn the focus of domestic public opinion away from the drought, financial meltdown and ludicrous zero Covid policies? The CCP is running out of demons to blame and or options, short-term or otherwise.

Anonymous

Hey Chris, who in China decides what exactly triggers the lock down of a city? Xi alone? The central committee (how many people is that)? Local CCP officials? And why is China having such extreme lockdowns even though it seems to be seriously damaging the economy? Is Xi a hypochondriac? Is the CCP prepping its population for extreme defensive measures against genetically engineered germ warfare? Are the lockdowns due to traditional Chinese hyper filial piety (gotta protect the oldsters, no matter what)? Are the lockdowns due to the fact that CCP vaccines are not effective? Are the lockdowns primarily just an excuse to tighten the CCPs totalitarian control of the population? Are the lockdowns due to sheer incompetence, irrationality, and poor judgement within the CCP?