Gravitas: Chinese local governments run out of cash

Local governments in China face a funding gap of almost $1 trillion. With traditional sources exhausted, officials are turning to "amateur investors" and raising money on WeChat. Palki Sharma tells you more about China's funding crunch.

#Gravitas #China #AmateurInvestors

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[intelligenceanalyst]

Whenever you see this journalist, there's danger 😂😂😂. I simply love the way she reports.

[g.r.smurthy]

"yes, we are still taking about china " is typical Palki dripping sarcasm..my fav channel my fav anchor

[omanam]

You reap what you sow, a thousand times more - now that's the reaping debt from Chinese debt trap policy.

[nationfirst]

Wah! The Greatest news of the year '22.
Jai Hindustan Jai Ma Bharati🇮🇳

[sunderrajan]

Wion is very Good to see true news, news anchor is also very Good

[aapsematlab]

The best international news agency so far.

[pacovillarreal]

That’s the best news I’ve heard!!! Palki I love your reporting.

[prakashpawar]

Palki Sharma/Upadhyay I really admire your news reading It depicts your wisdom while reading the news so also your voice and pronounciation really impressive

[rajaulhoque]

Isn’t US 35 trillion dollars in debt 😂

[mohamadchiang]

Indian government is rich. They can help those improvised flood victims.

[mohammedilyas]

She is Darling journalist of the world..
Mine as well....God bless her...

[ongsengkee]

Hi ms palki, you are growing sweeter and sweeter by the day.

[amolp]

Atleast someone is talking beyond LAC.

[mengistugudeta]

Well done Palki Sharma. I like your presentation news.

[deeppatel]

Curious case of Debt trapper being trapped in debt.😂

[HDDRTY]

Results of too much loans to other countries.

[willtheoct]

what if instead of military they spent money on organic farming, granaries, robotics?

[daver]

It baffles me how countries can be in debt while having billionaires living and working there. Also, who does China owe the money to?

[accountantasia]

Just print free money. Follow US ?
NO PROBLEM..

[drivex]

Chinese always find creative way to solve their problem

Yet the recession may help them with cash inflow as they may the only working major economy among global remnant