China’s free fall begins: fiscal crisis, property crash, exports plunge
China’s free fall begins: fiscal crisis, property crash, exports plunge
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Beijing has been hiding its economic doom but October was the breaking point when the numbers started to show that the economic free fall has begun. In this episode, we dive deep into the fiscal crisis, the sudden collapse in government spending, the 15.5% plunge in fixed-asset investment, the –42.2% financing freeze, the property market’s double-digit crash, and the sharp reversal in exports. These aren’t predictions — they’re the CCP’s own official numbers, already massaged and sanitized. If even the “polished” data is flashing red, the real situation is far worse.
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