Author Topic: China’s Rich Potemkin Socialist Village  (Read 301 times)

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Offline Elderberry

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China’s Rich Potemkin Socialist Village
« on: November 22, 2022, 01:08:08 am »
Lawrence Person's BattleSwarm Blog

https://www.battleswarmblog.com/?p=53154

Much of China’s last two decades of apparent prosperity seems to be an illusion designed to fool both its own people and outside investors. But the Potemkin village of Huaxi takes China’s illusory prosperity to the next level.

“Huaxi in east China, is a mysterious socialist town that once believed that the residents were entitled to extraordinary amenities, including free healthcare, education, luxurious homes, cars, and at least $250,000 in their bank accounts. The so-called richest village in China is now running into debt with villagers waiting in the rain to claim their money back from Huaxi.”


https://www.youtube.com/watch?v=RfZZLqw5N0s