China's Banking Contagion Spreads; Beijing Halts Infrastructure; Cancer Deaths Report - China Update

[TexasTowelie]

00:00 Introduction
00:12 Chinese Economy: Wasteful Projects & Bad-debt Managers
06:45 Cancer Rates Surge

[marble falls]

1. A collapsing nuclear China is truly a fearful thing to contemplate ...

[Irish_Dem]

2. And they are continuously arming nuclear warheads as we speak.

Xi has completely screwed up China's economy which was once booming.
He is totally clueless about how to manage a socialist capitalistic economy.
Even the Chinese economists are speaking out about the government's ineptitude.

Add that to Xi's blunder in supporting Putin's invasion.

Yes it is a concerning picture for sure.

[Irish_Dem]

3. At long last Xi is pulling back on unlimited municipality infrastructure spending.

It was part of why the Chinese economy is tanking.
You can only borrow so much money, at some point it has to be paid back.