Which large city will detonate China’s economic bomb?

Which large city will detonate China’s economic bomb?

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Suffering from high unemployment, the real estate bubble, the banking crisis, low consumption, sluggish exports, and high government debt, the Chinese economy is a ticking time bomb, per Joe Biden. Taiwanese writer Kenneth Fan predicted a year ago that 24 months after the local governments becoming insolvent and the central government not bailing them out, the regime will effectively disintegrate. How far are we from reaching that moment?

2:38 Review Chinese government’s August year-to-date financials
23:05 Which city will detonate China’s economic time bomb?
38:00 Q&A

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33 Comments

  1. Wouldn't southern China last longer and more stable in the future chaos due to southern China traditionally and historically like to be more independent trade and business development

  2. What is truly shocking? One man messes up an entire country. No one dares lay the blame on him and he behaves as if he has never been part of the problem. Shocking!

  3. Don't worry sister, if the police is not paid and fails to do it's job they army will be deployed. Just like in North Korea even if people are starving the army is fed. Looks like the second great helsman we will have a "great leap" and possibly a second cultural revolution. Lets see how many phone numbers newer answer after this one.

  4. All of china s economic problems will vanish if the immensely spectacular achievement of the Chinese government is repeated by pumping more and more money into the troubled areas such as housing and factories.19 trillion dollars are there in world reserve available at 1percent interest rates.china should borrow it and pump in the economy.all the countries of the world envy the spectacular performance of the Chinese economy and now like vultures waiting for Chinese collapse which will never happen under the sun.they should

  5. Chinese bankruptcy can be avoided. The goal expanding markets both in the east and west . Now is the time for global market expansion. Shrinking market is bad

  6. Economic experts believes that usa is in very deep financial troubles.?so silly.stupid and foolish??to believes silly peoples???
    We all see for ourselves how usa unable to payback 31.4 trillions very Hugh financial debts troubles?.and actually usa is a bankruptcy nation now. Soon to automatic collapse??
    So how can we trust this foolish???
    We all use our common sense knowledge and wise judgements on things? Now usa with few hundreds trillions debts troubles??
    Can usa able to payback??
    We just use simple calculations? Say with annual interest rates of 3 percent? Ofsay only 200 hundreds trillions debts?
    It mean usa has to service yearly 6 trillions debt in only interest only? Will it stress usa? If plus usa yearly expenses??
    So usa if forever indebt nation?.
    Instead of focusing on how to solve usa own actual problems? You stupidly believes in a man who alway forget what he has to do?.
    You has made youself disgraceful?. For following stupid people?.
    Why dont aunty use you common sense knowledge and wise judgements on things? Itstead of foolishly god worship a crown???and made yourself looks like a crown also???…

  7. Working towards china's collapse or failure is a bad idea. Weather u believe it or not china is the uncle that supports ur autonomy via US bonds. When chopping a tree down don't cut below where u at or u will fall with the branches u find offensive

  8. Do u know that outside of Asia people see u as Chinese. It's the same as black Africanism.ur experience and concepts are determined by this. I look to u for the sober facts, not conjecture

  9. Lei do you think that US economic numbers are NOT dressed up and prettied up by US political bureaucrats ? Do you trust them ? Which universe are you from ? Do you believe Bush, Biden and Trump are Corrupt or honest ? Do your research and check out their corruptions

  10. If everything gets really out of hand in China, I would not wonder if the more sane CCP communist members will ask the Taiwan, democratically elected government, to take over the whole nation of China. To stop possible huge blood sheet. At least the Chinese Han are of one blood just with two languages, a broader foundation is hardly thinkable! Here in Germany it worked without problems.

  11. More or less the whole main land China is corrupt. Just search for fighting & beating Chinese Buddhist monks, maybe it is on one of China Truths last postings.

  12. Chairman Xi is a princeling, raised in a communist family headed by a Long March hero who served, under Chairman Mao, as deputy prime minister of China. His major, at Qinghua University, was Marxism. A tiger can’t change his stripes, nor a leopard his spots. Xi’s convictions are firmly based in Marxist theory. Deng Xiao Ping-thought has been permanently exiled.

  13. Hi Mdm. Lee,

    Love your presentations. It explores/corelates, hidden and essential fundamentals, that would have not crossed my mind.

    Definitely, enables me to understand further with a broader "lens", with regards to accessing countries.

    Ironically, with regards to China and America. Both hates each other but are so dependent on each other… my view, "emotional ambivalence" best describes them.

    I see a correlationship, with the failure of BRICS and believe China's perceived "futuristic dominance", also falling apart, which indirectly or directly crushes China's, economic possibilities.

    I laugh at myself, cause I didn't even know there existed a city, Tainjin , in China that was linked with Shanghai. Thank you for enlightening me.

    Given your preview on Tianjin, 110% Dept to GDP, I would be amazed if Tianjin could even sustain past next year.

    Will definitely be keeping and eye on Tianjin.

    Once again. Thank you for sharing your views and hard work.

    Warn Regards
    Jman

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