The wealthiest cities are falling – inside China's economic unraveling

Nov 19, 2025 - 11:06

China’s economic slowdown is no longer hidden in data — it’s unfolding in real time on the streets of Shanghai and Shenzhen. In this video, I break down the shocking new signals: Shanghai clawing back maternity subsidies, mass layoffs at Pudong Airport, metro systems sinking under real-estate debt, and millions of families losing income as women flood into delivery and ride-hail jobs. These are China’s strongest cities — and when they start falling, the entire system is in trouble. From collapsing housing confidence to desperate local governments, here’s what Beijing can’t hide anymore — and why China’s economic unraveling is accelerating.