Jinping slashes CCP Members’ salaries by a third, a move that can be the end of the Dictator
chyna running out of money
China’s debt problem just keeps getting bigger, and now, the Communist economy faces a major conundrum as it stands between a mountain of debt and an acute shortage of money. The Chinese Communist Party has been evading problems created by itself for too long now. Under Xi Jinping’s “common prosperity” goal, wealth was supposed to be distributed from the rich to the poor and bring everyone on the same plane in terms of affluence. However, his strategy seems to have failed big time, as the fiscal health of China has been exposed to be slipping down the drain. The Chinese government is running out of money, and now, it is unable to pay its workers.
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https://tfiglobalnews.com/2021/12/15/jinping-slashes-ccp-members-salaries-by-a-third-a-move-that-can-be-the-end-of-the-dictator/