The collapse of China’s richest village


Backlink: THE BL

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.