Ghost Cities Haunt China's Failing Economy EP542

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In this gripping video, Jon Wheaton dives into the stark realities of China's mounting crises, exposing a nation teetering on the edge. Skyrocketing youth unemployment, with rates hitting 21.3% in 2023, signals a lost generation, while shuttered manufacturing plants reveal an economy losing its industrial edge. The one-child policy has triggered a demographic collapse, leaving a surplus of men and a crumbling social fabric. Eerie ghost cities, like Ordos’ Kangbashi, stand empty, symbols of over-investment and economic missteps. With only 12% arable land and heavy reliance on food imports, China grapples with food insecurity. Propaganda masks weak military equipment and low morale, while Western nations decouple manufacturing, shifting to Mexico and Vietnam. Political fragility looms large, threatening China's global dominance in this unflinching look at a nation in decline.
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