China’s zero-Covid strategy, tumbling tax revenue put local government services and jobs under threat - youth rejecting work culture?

[Shiloh]

Source: https://www.scmp.com/economy/china-...covid-strategy-tumbling-tax-revenue-put-local

China’s zero-Covid strategy, tumbling tax revenue put local government services and jobs under threat
The suspension of public transport services and delayed salary payments to civil servants have sparked concern about the fiscal condition of local governments
Stringent coronavirus controls, falling revenue from land sales and Covid-related tax cuts are coming at a huge cost to cash-strapped local governments
Ji Siqi
Published: 7:00am, 21 Aug, 2022
Updated: 1:37pm, 21 Aug, 2022

The cost of China’s zero-Covid policy coupled with declining fiscal revenue is putting enormous financial stress on local governments, forcing some authorities to slash public services and delay payments to civil servants, while threatening the operation of hospitals.

The recent suspension of bus services in two towns has sparked concern about a rolling back of essential services in China, as local government finances have become increasingly precarious.

Dancheng, a town with a population of 1.06 million in central Henan province, suspended bus services last Friday...

 

[etudiant]

Surely a politically sensitive topic, as the new 5 year term for the Central Committee and for Xi's reappointment is to be decided soon.
Even just disclosing problems could be seen as politically hostile by Xi's team. Possibly things are much worse than disclosed, because it is imprudent to lay out the facts.

 

[sharon sanders]

China’s Slacker Youths: Why They Went From 'Lying Flat' To 'Let It Rot'

 

[sharon sanders]

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