CD Media
Markets

China Is Sinking Deeper In Debt To Save Its Economy

Please Follow us on Gab, Minds, Telegram, Rumble, Gab TV, GETTR, Truth Social    

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, writes China Uncensored.

‘NO AD’ subscription for CDM!  Sign up here and support real investigative journalism and help save the republic!‘

Related posts

CORONAVIRUS UPDATE: Services Beat Small, Manufacturing Misses Small, Market Focuses On Coronavirus In USA

CD Media Staff

New Home Sales Down, Initial Jobless Claims Close TO 50-Year Low, PMI Down, KC Fed Data Down

CD Media Staff

US Housing Starts Go Boom!

CD Media Staff

1 comment

Daniel September 4, 2022 at 12:39 pm

You know what’s hysterical funny about this? You can actually walk away from your mortgage in China and you don’t lose your house? No, because you never had the house in the first place. How did they ever talk people, ANY people, into buying homes two years out at a minimum? And then, not at all? Even Ryan Homes couldn’t get away with that one.

Reply

Leave a Comment

Subscribe to our evening newsletter to stay informed during these challenging times!!

Clicky