CHINA’s $9 Trillion Debt Disaster
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CHINA’s $9 Trillion Debt Disaster

Video Summary As of 2023, China’s local governments have accumulated a staggering $9 trillion debt, equivalent to more than half of the country’s GDP. This massive debt was built up over the past 30 years, primarily through local government financing vehicles (LGFVs), which were established in 1994 to empower local authorities to raise debt and […]
CHINA in Deep Trouble as Property Prices Crash, Stimulus Increases
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CHINA in Deep Trouble as Property Prices Crash, Stimulus Increases Risks & Banks Face More Losses

Video Summary In recent years, China’s property sector has been facing significant challenges, including a huge buildup of unsold apartments and semiconstructed properties. This has led to a loss of confidence in the market, with prices falling and consumers becoming increasingly nervous about buying property. To address this issue, the Chinese authorities have introduced various […]
CHINA -$78 Billion Evergrande Fraud Rocks China & Risk of
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CHINA -$78 Billion Evergrande Fraud Rocks China & Risk of Property & Finance Sectors Collapsing

Video Summary The Chinese property developer Evergrande has been accused of fabricating its accounts by $78 billion, including non-existent revenue and non-completed sales. This is a significant blow to the company’s reputation and could have far-reaching implications for the Chinese economy and global markets. The Chinese Securities Regulatory Commission has also accused Evergrande’s founder, Hua […]