Month: May 2025

Printing Money, Losing Trust: How Fiscal Games Threaten Financial StabilityThe People’s Bank of China is increasingly acting as a fiscal tool, printing money to cover government deficits, a process known as fiscal deficit monetization. Its 2025 Q1 Monetary Policy Report reveals a loss of independence, with columns defending the finance ministry’s debt levels by comparing them favorably to the U.S. and Japan, despite structural differences. The yuan’s lack of global trust and a non-market-driven bond market heighten risks, compounded by hidden local government debts. The central bank also takes blame for deflation, ignoring fiscal inaction and inequitable distribution as root causes. By shielding the finance ministry, the central bank sacrifices its credibility, risking a systemic collapse if market trust erodes. This report underscores a distorted policy system, where the central bank props up fiscal shortcomings, potentially destabilizing the financial system and currency.0:00 Intro0:06 The ATM State Unveiled0:59 A Central Bank Stripped of Power1:58 The Politicized Report Exposed2:40 The Myth of Debt Stability3:30 China’s Fragile Financial Facade4:42 The Ticking Time Bomb of Local Debt6:34 Deflation and the Central Bank’s Sacrifice7:59 The Finance Ministry’s Cunning Game9:33 A Facade of Stability11:12 The Cost of Credibility12:32 A System on the Brink13:48 The Collapse of Trust

Patrick McGee was the Financial Times’s principal Apple reporter from 2019 to 2023. In his new book Apple in China: The Capture of The World’s Greatest Company, he contends that China allowed Apple to exploit them so they could in turn exploit Apple, making it impossible for the tech giant to extract itself from the country.Apple deny the claims in his book.

Insiders revealed that Guilin’s fiscal situation has been under obvious pressure in recent years. Local revenue growth is weak, and with a sharp drop in land transfer fees and unchanged fixed expenditures, various subsidies including performance pay are frequently delayed. Frontline workers said, “This not only affects our lives but severely dampens our motivation.”

IMF CONFESSES China Is Finished As Real Estate Meltdown, Tech War and Public Rage ERUPT!#chinanews #trumptariff

The pollution in China is horrible!

Europe’s recent move is mainly due to the overwhelming number of small parcels being sent from China. In 2024, over 4.6 billion small parcels entered Europe, with 91% coming from China. This means that every second, 145 Chinese parcels enter Europe, all of which benefit from tax exemptions. France, in particular, has been overwhelmed by the low-priced parcels from Chinese e-commerce platforms. This situation has only worsened in 2025, with the number of parcels doubling compared to 2023 and quadrupling compared to 2022. The influx of Chinese goods has become so massive that many French media outlets are calling it an “invasion.”

During China’s May Day holiday, there was an explosion of travel as people flooded popular tourist spots. The internet quickly became full of videos showing crowded attractions, with many people expressing regret and self-mockery. Some even said, “This isn’t a holiday; it’s torture.”Join this channel to get access to perks: