More floods in China resulting in property loss, whole fields of crops lost, collapsing bridges and dams, and a few deaths. The drainage systems cannot keep up and China's insurance industry is highly corrupt, most people don't have insurance, or just won't get reimbursed for their losses. Live channel on the floods:
Unemployment of the youth is about 23%.
Stores are closing, especially in areas that housed factories that have closed. See China Insight at https://www.youtube.com/@chinainsights4458
Newer apartment buildings made in the past 10 years are falling apart, some after just 1-2 years. Various other infrastructure items like dams, collapse. Many Chinese videos show their cement is too wet and dries weak. China banks are running out of money, as are provincial and city governments. Gov't workers in some cities haven't been paid in 6 months which helps to stall the economy, they have no money to spend.
So is the PLA equipped for war or is the military monetary fraud nexus delivering crap as seems the case with many weapons in the inventory of the West and Russia? Only the PLA holds China together. The Great Leader Xi made sure he is top dog in the command chain. After the consequences of these storms China's Party State may well lose the Mandate of Heaven and only the PLA will hold it together.