China's Major Tax Problem: China's Land Handling

The video discusses the $11 trillion global mortgage-backed securities market and compares it to China's land lease issues. It highlights the challenges faced by the Chinese government with expiring land leases and public sentiment against reclaiming land. The video also explores China's taxation problems, where most citizens avoid taxes due to informal employment or business loopholes. This limited tax base restricts the government's economic control, especially during downturns, affecting fiscal policy effectiveness.

What are the implications of the expiration of land leases in China?

How does the perception of land ownership affect the real estate market in China?

What are the reasons behind the low tax compliance among the Chinese population?

In what ways does the Chinese government manage tax evasion among wealthy individuals?

Discuss the impact of tax policies on China's economic control and growth.