Desperation as China’s Local Governments Go Bankrupt | Iran War & China | China’s Economy

Please Support the Channel (It's just me making China Update): Patreon Link: https://www.patreon.com/chinaupdate One-off Tips Here: https://www.buymeacoffee.com/chinaupdate China Update provides the most up to date political, economic, and geopolitical news and analysis on China. Videos are based on hundreds of articles, think tank reports, government statements and other resources in English and Chinese. China Update is fully independent and I make the videos. X (Formerly Twitter): https://twitter.com/tonychinaupdate Channel email: [email protected] 00:00 Introduction 00:18 China Tightens Tax Net 02:31 China’s Economy: Export Factories Feel Pressure as War Drives Up Costs 04:13 China’s Analysts on Iran 07:51 Japan Tensions 1 hour one-on-one conversation with me: https://www.buymeacoffee.com/chinaupdate/e/146556 My consulting firm: https://www.chinaupdateconsulting.com/ Disclaimer: China Update is NOT a financial advisory channel. Nothing I say should be taken as investment or any other kind of advice. Please speak to a professional before making any investment decisions. While I take great care in researching everything discussed in my videos, I do not guarantee that all claims are 100% accurate, all claims should be verified by viewers.