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China’s economy isn’t just slowing down — it’s eating itself alive to survive.
In this episode of China Uncensored, Chris Chappell breaks down how China’s local governments are running out of money as land sales collapse, debt explodes, and revenue dries up. To stay afloat, officials are selling off future income, auctioning public assets, squeezing the private sector, and even using police to confiscate money in the name of “law enforcement.”
From selling school cafeterias and parking spaces to retroactively demanding decades-old taxes and “ocean fishing” raids across provinces, China’s economic survival tactics are making the situation even worse. And as debt piles up and confidence collapses, even China’s own official data can’t hide how bad things have gotten.
So the next time you hear about how strong China’s economy is, remember: when the tiger is hungry, the lamb doesn’t get a vote.
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