China’s Economy Collapses: Jobless in Big Cities, Worse in Small Towns, No Escape for Youth
China’s Economy Collapses: Jobless in Big Cities, Worse in Small Towns, No Escape for Youth
Udumbara
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Counties and county-level cities form the backbone of China’s urban structure. Over recent years, however, these areas are gradually shrinking, with many predicted to eventually disappear. This has sparked an online discussion for nearly three years, pointing out signs of collapse: population loss, crumbling finances, plummeting property prices, and stalled public services. A popular online article even stated, “In our lifetimes, we may witness a wave of county-level cities disappear entirely.”
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