Which large city will detonate China’s economic bomb?

Suffering from high unemployment, the real estate bubble, the banking crisis, low consumption, sluggish exports, and high government debt, the Chinese economy is a ticking time bomb, per Joe Biden. Taiwanese writer Kenneth Fan predicted a year ago that 24 months after the local governments becoming insolvent and the central government not bailing them out, the regime will effectively disintegrate. How far are we from reaching that moment? 

- Review Chinese government's August year-to-date financials
- Which city will detonate China's economic time bomb?