After 14 years, the CCP has withdrawn its forces from Scarborough Shoal. Commentary analyzes that this indicates Xi Jinping has entered a period of panic under Trump's tough stance and international pressure, forcing him into a strategic retreat.
The program reveals that the total debt of governments at all levels in China and related liabilities have accumulated to 100 trillion RMB, pointing out that these massive debts will ultimately be shifted onto ordinary citizens to pay.
Severe economic crises have emerged in many parts of the country. Due to wage cuts, layoffs, and business losses, some residents in places like Chengdu are unable to repay bank loans even after selling their houses and cars, plunging them into a predicament of mortgage defaults.