Protests Break Out As Chinese Cities Drown Under $10 Trillion In Debt, Fail To Make Payments

Source: https://www.zerohedge.com/markets/protests-break-out-chinese-cities-are-buried-under-10-trillion-debt
Published: Mar 7, 2023
Author: Tyler Durden
Post Date: 2023-03-07 22:14:16 by Horse
Views: 62

Local residents —especially civil servants — may see even more salary cuts and reduced services, as well as fewer infrastructure investments to power growth and employment.


Poster Comment:

Do not worry about China. We entered a Grand Solar Minimum in 2020. No Chinese government ever survived a GSM in the past 2,000 years. And their corruption is only surpassed by their financial incompetence.

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