Understanding the economy of this Chinese county town is the key to truly understanding China's real fundamentals!

The truth about China's county town economy: 90% of counties do not generate wealth at all; they only distribute funds!
The money in China's small counties comes from only three sources:
1. Fiscal allocations (civil servants, teachers, doctors)
2. Hard-earned money sent back by migrant workers
3. Retirement pensions for the elderly
They have no self-sustaining ability and rely entirely on external blood transfusions.
In the past, when water flow was abundant, there was prosperity;