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This week's China Unscripted Podcast! Shelley was very patient with me.

-Chris

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#175 Chinese Leave China in Droves | Economic Crisis Looms Large

Chinese citizens are leaving China in droves as an economic crisis fueled by greedy real estate developers looms large. Things have gotten so bad that a new "run philosophy" has pushed many to seek a life elsewhere. China is no longer hiding its intentions to invade Taiwan. Why it will be better for US businesses if they pull out of China now rather than after a war with Taiwan. Watch this "just us" episode of China Unscripted for that and more hot China news topics. Don't forget to subscribe to the channel and hit that bell icon to get notified when new videos come out: https://bit.ly/3u1eKSZ And check out our other channel China Uncensored: https://youtube.com/channel/UCgFP46yVT-GG4o1TgXn-04Q Merchandise: https://www.chinaunscripted.com/merchandise Our website: https://www.chinaunscripted.com/ YouTube demonetizes our videos, which is why we rely on support from viewers like you. Please join our 50¢ army at: https://www.patreon.com/chinaunscripted https://www.chinauncensored.locals.com https://www.chinaunscripted.com/support Our social media: Twitter: https://www.twitter.com/ChinaUncensored Facebook: https://www.facebook.com/ChinaUncensored Instagram: https://www.instagram.com/ChinaUncensored #China

Comments

AlexMostlyGuesses

I maybe said this, China Real Estate is out of money since Cities demanded triple-land-prices saying prices would double post2015 and then officials took this $500b to Switzerland basically. 100,000 mayors and councilors for 5 years each took $1m even when prices stalled. I think... It's not rocket science it's literal theft with crooks, they took money Evergrande and rest needed or which cities should've kept to fund Bailout, yet this continued prices slowed 2015. Switzerland!!!

ZTK

Nah, they should come here. We want them.

D.M. Paul Lewis

Sad but true! Having lived and worked with many Chinese during my 12 years living in Asia, I can attest to the FACT that there is none so greedy or heartless as a Chinese business person:( There only God is GOLD:(

martinmde

This explains where all the money has gone to. Not into construction if I understand you correctly.

Tony Chopkoski

Some years ago I was at Payne Field and happened on a Japanese Zero restoration. I was shown a part of the metal wing that had the stamp from a Midwest mill. Zeros were made of an aluminum alloy.