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A 100 Million Yuan Investment in a Scenic Town in Yuanping City, Shanxi Province, Has Resulted in a Disastrous Outcome, Drawing Widespread Attention.
Summary by 大纪元 Epoch Times
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In 2021, Yuanping City (a county-level city) in Shanxi Province had a general public budget revenue of only 990 million yuan. The then-city party secretary, seeking so-called "political achievements," made a hasty "decision" to spend nearly 100 million yuan on building a scenic town in a barren mountain area. The project ultimately failed completely and remains unrepaired. Recently, this incident has attracted widespread attention online.
·New York, United States
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