Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "China Observer"
channel.
-
1
-
1
-
1
-
1
-
@johnle231 , you are ignorant of what praying to someone means. Your knowledge of languages, including English, appears to be as poor as your understanding of Christianity.
When we pray 🙏 to Mary, we are only asking for her to pray 🙏 for us. Likewise, when you requested people to pray for you, you were PRAYING TO them and petitioning of them, by definition because you were beseeching them, you were entreating them, you were earnestly asking them, you were imploring them to pray for you.
I prithee, John, try to learn English and what true Christians/Catholics believe before criticising us.
Some of the definitions of praying involve asking, soliciting, and pleading with people for them to do something for us. In the case of praying to Mary, we always pray to Mary to PRAY FOR us.
Because of your lack of English knowledge, I will simplify this teaching for you by educating you that Christians/Catholics ask for Mary to PRAY 🙏 FOR us.
1
-
1
-
1
-
1
-
1
-
😡 Business owners in Changsha, Hunan Province protest for fair compensation after being defrauded by developers.
00:38
Hundreds of business owners in Changsha demand rent refunds or the return of their shops, as they had been deceived by the developer.
Police attempted to disperse the crowd, leading to conflicts with the protesting business owners.
In 2019, legal documents revealed the impending seizure of the stores, shocking the business owners.
💔 Buyers were cheated into purchasing shops at high prices with false promises, leaving them unable to take possession or make any returns on investment.
03:29
Buyers were persuaded to buy shops at high prices with long lease agreements and guarantees of return on investment.
Registration procedures were not completed, leading to the freezing of shops and leaving tenants as victims.
Businesses inside the mall were in cahoots with real estate developers, leading to a lack of customers for the trapped tenants.
💼 The video discusses the challenges faced by small businesses in malls due to high rent and competition from big brands.
06:58
Malls use big brands to attract customers and make money at the expense of small businesses.
Small businesses face high rent, deposits, and thin profits in malls, making it difficult to survive.
The video highlights the unfair advantage given to big brands over small businesses in malls.
💼 Merchants in Juji City, China went on strike in response to a sudden increase in rent at the world's largest pearl market.
10:17
Over a thousand merchants collectively shut their doors and went on strike.
The East China International Jewelry City serves as a center for pearl and jewelry production, processing, and trade.
The annual transaction volume of freshwater pearls in the city accounts for a significant amount.
📈 Businesses in China are struggling with rent increases and inventory management, leading to a surge in public protests.
13:21
Businesses are facing challenges with rent increases and managing inventory, leading to financial strain.
The number of public protests in China has surged since the easing of pandemic restrictions, with over 2,230 protests involving at least 29,000 participants.
1
-
China's Real Estate Bubble Bursts: 4 Million Foreclosed Homes Annually, Leaving Countless Owners Homeless and Causing Economic Crisis
🏠 Rising mortgage defaults and property auctions leave owners homeless in China's real estate crisis.
00:31
Sky-high housing prices burden young people with decades of debt
00:31
Online discussions intensify as more people share experiences of losing their homes
01:04
Unemployment and mounting debts lead to the fear of homelessness
01:38
Individuals share personal financial struggles and losses due to property auctions
01:55
High interest rates and unmanageable monthly payments contribute to financial distress
02:12
Bank freezes accounts and auction prices threaten to exacerbate financial losses
02:46
Impulsive loans and unaffordable interest rates lead to inability to sustain mortgage payments
03:10
💥 Rapid increase in foreclosed properties in China causing housing market crisis.
03:33
Number of foreclosed properties in China has escalated significantly, reaching 4 million yearly.
03:33
Foreclosed properties impact housing market causing decline in prices and transaction volume.
04:13
Alibaba's platform is a major player in the online judicial auctions of foreclosed properties.
05:03
Reasons for surge in foreclosed properties include financial inability, economic downturns, and bankruptcy.
06:19
Auctioning of houses burdens lower and middle-income individuals, leading to mental health issues.
07:04
Termination of pre-sale contracts leaves individuals without legal recourse, pushing them into despair.
07:17
Foreclosed properties causing homelessness and mental health issues among individuals in China.
07:32
💥 China's real estate market faces crisis due to unsold foreclosed properties and over-supply.
07:39
Unsold foreclosed properties lead to significant price drop in China's real estate market.
07:39
Foreclosed properties are becoming more frequent, reflecting the sluggish state of China's economy.
07:53
China's Ministry of Housing and Urban Rural Development proposes to relax real estate market controls.
08:37
Guangzhou releases policies to lift purchase restrictions, allowing wealthy individuals to freely buy properties.
09:00
Renowned Financial commentator remains skeptical about the impact of lifting restrictions on stimulating a rebound in the property market.
09:52
Real estate crisis in China is unlikely to be resolved due to over-supply and decline in investment.
10:56
High rate of home ownership and multiple property ownership contribute to the real estate crisis in China.
11:17
💥 China's real estate sector faces a major crisis, impacting the economy and leading to bankruptcies and declining sales.
11:25
Real estate sector accounts for 25% of China's GDP
11:25
Rapid development of real estate has driven up asset prices and borrowing
11:54
China Evergrande group defaulted on its massive debt, leading to bankruptcy fears
12:10
Over 1200 real estate companies went bankrupt between 2020 and 2023
13:48
Sales volumes of new homes by China's top 100 real estate companies fell by 34.6% year on-year
14:03
China's economic growth expected to slow in 2024 due to the worsening real estate crisis
14:21
Unfinished construction projects could take four to six years to fully resolve
14:35
💥 Real estate market collapse in China leads to economic crisis and debt issues.
15:30
Real estate market collapsed 3 years ago with supply exceeding demand.
15:30
Significant decrease in purchasing power and waiting for market recovery.
15:45
Severe price reductions in real estate causing financial risks.
15:50
Overdevelopment, over construction, and overinvestment in Chinese real estate.
16:44
Excessive borrowing leading to inability to repay loans and reduced consumption.
16:59
Government promoting real estate bubble to mask inadequate consumer spending.
17:20
Chinese government's delayed action worsened the real estate bubble situation.
17:48
1
-
🔫 Details have emerged about a dramatic assassination attempt on Xi Jinping during the BRICS meeting in South Africa.
00:06
Several high-ranking officials within the Chinese military plotted to shoot down Xi's plane using missiles.
The orchestrator of the plot is believed to be Liu Chow, the former commander of the Rocket Force.
Xi Jinping initiated a widespread crackdown within the Rocket Force and other military departments.
🚀 The video discusses the Communist party's confidence in surpassing the US military, potentially utilizing secret tactics and nerve agents.
03:39
Speculation suggests that the secret tactic could involve the use of nerve agents dispersed via rockets.
Xi Jinping may have a powerful ally within the military, enabling him to identify and purge hundreds of individuals.
Xi Jinping has established a network of spies throughout the military, including secretaries, drivers, doctors, and even those in intimate relationships.
🤔 Rumors suggest that the trip of al-Assad to the Hjo Asian games was more about stroking her ego than diplomacy, with suspicions of lavish treatment and questions about the source of funds.
06:35
Whispers suggest that al-Assad may not have made the trip without a direct order to send a special aircraft.
The aircraft sent to fetch the prime minister of East Timor was from Air China, not Shaman Airlines as rumored.
Growing unrest within the Chinese Communist Party is causing leaks and accusations about the use of taxpayer money.
🎇 The grand fireworks display during the Asian Games opening ceremony in Hong Joo was revealed to be an illusion, leaving Jack Ma feeling a profound sense of loss.
10:17
Jack Ma founded Alibaba in Hong Joo and believed his fate was tied to the city.
Ma had promised that the next Asian Games would be hosted in Hong Joo and was determined to return for the games.
Ma wanted to assist President XI in showcasing the grand event during the Asian Games.
🔍 Rumors suggest possible corruption involving Lee Ying and her husband in architectural design projects.
13:35
Lee Ying's company quickly landed significant projects in 2012, sparking speculations of influence
The company was acquired by Danish architect firm shl and later bought out by American firm Perkins
Lee Ying allegedly utilized her father's influence to provide essentials to her company's employees during Shanghai's lockdown
1
-
1
-
1
-
1
-
1
-
1
-
1
-
🏟 Unexplained paranormal activities have led to the relocation or redesign of significant projects in China, including Olympic venues.
00:31
In 2008, the Chinese government had to relocate Olympic venues due to the Beiding Goddess Temple.
The National Stadium, known as the 'Bird's Nest', and the National Aquatics Center, known as the 'Water Cube', were among the iconic structures built for the Beijing Olympics.
! A mysterious tornado hits a construction site, causing extensive damage but leaving a temple unscathed.
02:46
The tornado caused significant damage to the construction site, including collapsed scaffolds and damaged buildings.
The Beiding 'Goddess' Temple located at the epicenter of the tornado's path remained undamaged.
Some injured workers who were initially pronounced dead miraculously recovered their heartbeat.
🔍 The discovery of an old well in Beijing during the construction of Subway Line 5 has a mysterious history involving the Japanese army and the Cultural Revolution.
11:29
In 1937, the Japanese army found two long iron chains in the well and forced local residents to pull them up, but strange things happened and they returned the chains back into the well.
During the Cultural Revolution, the well was disturbed again by the Communist Red Guards, but the details are not provided in the given text.
🚧 Geologists were unable to explain why water was spurted out whenever the piling was driven into the ground, causing construction to halt.
13:57
Geologists were unable to provide a rational explanation for the water spurt anomaly.
Consulting Feng Shui practitioners was suggested as a potential breakthrough.
The project's lead engineer approached Master Shi Zhenchan for a solution.
🔮 Leaders of the CCP, including Mao Zedong and Xi Jinping, believe in supernatural forces and Feng Shui, using them for personal gain.
17:04
Mao Zedong heeded the advice of a fortune teller and never returned to Yan'an.
Mao Zedong and Xi Jinping both believe in Feng Shui and mystical forces.
1
-
💰 The Hubei District government in Tianjing faced financial difficulties and borrowed money from a temple, leading to a retaliatory move by the government to restrict the temple's operations during peak income seasons.
00:00
The government borrowed money from a temple to sustain its operations.
The temple declined to lend more money when approached again by the government.
The government retaliated by imposing restrictions on the temple during peak income seasons.
💰 China's local governments are facing a severe financial crisis, resulting in downsizing civil servants and salary cuts.
05:14
Financial crises in local governments across China due to the implementation of the zero covet policy
Struggling local governments drowning in debt and cutting salaries for civil servants
Cumulative result of China's distorted economic growth and long-standing structural economic problems
💰 Local governments in China are facing financial difficulties due to decreased revenue, increased expenditures, and mounting debts.
09:52
Revenue from land sales fell by nearly a third in 2022 compared to the previous year.
Debt ratios of various provinces in China have been on the rise, with some surpassing 400 percent.
Major state-owned banks are offering ultra-long-term loans to local government financing vehicles to help salvage the situation.
🔍 The Tianjin Public Transportation Group in China has reportedly not been paying salaries and employee insurance since June 2022.
14:09
The Da Bei Temple in Tianjin has been targeted by the government in an 'Environmental Order Special Rectification' campaign, leading to its closure during peak income seasons.
A driver employed by the Tianjin Public Transportation Group revealed on social media that the group has not been paying salaries and employee insurance since June 2022.
The Tianjin Public Transportation Group is a state-owned enterprise with numerous subsidiaries, employing 18,700 people and operating 548 routes with a fleet of 6,541 vehicles.
💰 Local governments in China are facing a severe financial crisis due to insufficient revenue and increased expenditure.
15:25
A certain southwestern province in China may have to downsize its civil servants by 20% to cope with the financial crisis.
Local governments in China are experiencing financial difficulties due to the implementation of the 'zero-COVID' policy and the impact of the pandemic.
The land-based fiscal model, heavily relying on 'land sales revenue,' is no longer sustainable as real estate companies default on their debts.
💰 China's local government debt is estimated to be as high as 94 trillion yuan, prompting the State Council to dispatch working groups to reduce debt and address financial stability risks.
16:13
China's local government debt is estimated to be as high as 94 trillion yuan.
China's State Council has dispatched working groups to financially struggling provinces to reduce debt and report directly to Premier Li Qiang.
China spent at least 352 billion yuan on COVID-19 prevention and control in 2022, further straining local finances.
🏠 China eliminates home purchase loan restrictions, but experts warn of increased mortgage burden.
17:10
Lowering entry barrier and cost for homebuyers may increase monthly mortgage burden.
Consumers have limited funds and uncertainty about the economy, making them hesitant to purchase homes.
CCP's policies have not resolved the contradiction between autocratic political system and free market economy.
1
-
💔 The streets of Hong Kong are now devoid of iconic signboards, marking the end of an era of prosperity and a decline in import and export trade.
00:43
The total export value of goods in Hong Kong decreased by 5.3% in September, falling short of expectations.
The value of imports in Hong Kong decreased by 0.4% in September, resulting in a tangible trade deficit.
Hong Kong's total export and import volumes of goods decreased by 15.6% and 12.9% respectively comparing the first 9 months of 2023 with the same period in 2022.
💰 Hong Kong's financial centre is suffering from a decrease in IPOs and funds due to doubts about its future under Beijing's governance system.
04:28
Recent policies in Hong Kong raise concerns about moving towards a one country one system framework.
The US Federal Retirement Thrift Investment Board is adjusting its benchmark index to exclude exposure to Hong Kong.
Real estate prices in Hong Kong are plummeting, indicating a further depletion of funds in the market.
📉 Hong Kong's property market is experiencing a significant decline due to economic factors and a decrease in foreign investment.
08:34
Hong Kong's property market is expected to continue declining, with predictions of a 5% to 18% price drop.
Goldman Sachs forecasts a 20% plummet in Hong Kong's real estate market in the coming years.
Hong Kong's government is facing a record high fiscal deficit, with efforts to attract foreign investment yielding little success.
📉 The attractiveness of Hong Kong's investment immigration status to wealthy individuals from mainland China is likely to diminish significantly.
12:22
Between 2003 and 2015, about 90% of approved applications for Hong Kong's investment immigration were from Chinese nationals with foreign permanent resident status.
Hong Kong's happiness index ranking has fallen to 82nd, significantly behind its major competitor Singapore and lower than mainland China, Taiwan, Thailand, Vietnam, and the Philippines.
Since 2012, Hong Kong's happiness index consistently ranked lowest among the four Asian tigers, with high property prices being a major contributing factor.
📉 Hong Kong's status as an International Financial Center is diminishing, but it still serves as an outlet for domestic Capital flight due to the needs of CCP Elites and the bureaucratic system.
16:40
Since 2003, Singapore's per capita GDP has surpassed Hong Kong, leaving Hong Kong trailing.
Hong Kong's function as an outlet for domestic Capital flight will likely be retained for a considerable period.
The wealth flowing from mainland China to Hong Kong has increased by at least 3 to four times this year.
1
-
🍽 The video shows the stark contrast between the lavish meals at the Asian Games and the prepackaged meals given to children.
00:00
The left side of the screen shows fake fireworks while the right side shows the real scene.
The high-quality dining at the Asian Games is contrasted with the prepackaged meals for children.
The media village at the Asian Games offers a variety of delicious food options.
📊 Hanjo's investment in urban infrastructure for the Asian Games is double the amount spent on the previous games, but the expected revenue may not cover the expenditure.
03:04
Hanjo invested at least 200 billion yen in urban infrastructure between 2016 and 2020 for the Asian Games.
The expected sponsorship revenue for the Hanjo Asian Games is 60 billion yen, with a total income of 100 billion yen, but this is significantly less than the expenditure.
The decision to host the Asian Games has faced intense domestic criticism, with concerns over the high budget and public opposition.
🚇 Residents in H joreportedly ordered to stay home during the Asian Games, leading to empty subway carriages and a confrontational stance against citizens.
05:52
Residents in H joreportedly ordered to stay home during the Asian Games.
Two tourists were the only passengers in a subway carriage due to residents being ordered to stay home.
The Asian Games prohibited ordinary citizens from attending, leading to a confrontational stance against citizens.
🏟 The CCP allegedly arranged for fake spectators and staged cheerleading squads at the 2018 Asian Games in order to save face and prevent ordinary citizens from attending.
08:30
Chinese netizens revealed that the government arranged for fake spectators to prevent ordinary citizens from attending the Asian Games.
Some spectators noticed that the North Korean cheerleaders at the football match appeared to be Chinese and not North Korean.
Foreign dignitaries were scarce at the event, with the CCP sending a special aircraft to bring the Syrian president.
🏅 Indonesia ranks fourth in the medal tally at the 2018 Asian Games, while Central Asian nations like Kazakhstan and Uzbekistan remain strong in the Asian sports arena.
11:10
Indonesia secured 98 medals during the 2018 Asian Games, ranking fourth in the medal tally.
Central Asian nations like Kazakhstan and Uzbekistan performed well in the Asian Games, ranking fifth and ninth respectively on the medal table.
President Biden's recent meetings with the leaders of Central Asian nations during the UN General Assembly could lead them to maintain a careful distance from China.
1
-
⚠ The Three Gorges Dam in China has 80 cracks, raising concerns about its structural integrity and safety measures.
00:13
80 cracks discovered in the dam during a routine inspection
Cracks evolving over time, raising concerns about instability and potential hazards
Emergency measures taken to address the cracks, including grouting, artificial rockfilling, and rubber padding
🚧 A journalist gains access to report on the Three Gorges Dam construction, revealing quality issues and facing repercussions.
03:43
Journalist gains access to report on dam construction and reveals quality issues.
Repercussions faced by the journalist for reporting on the dam's quality issue.
Rumor suggests economic downturn in China may be linked to the dam's quality issue.
🏗 The video discusses the nature and severity of cracks in the Three Gorges Dam, highlighting the challenges and complexities of large-scale engineering projects.
07:15
Contradictory information about the depth and nature of the cracks has led to confusion
Chief engineer believes that cracks in large dams are unavoidable, highlighting the challenges in dam construction
The Three Gorges Dam has been scrutinized for structural cracks, attributed to geological and structural concerns
🌊 The construction of the Three Gorges Dam faced quality issues and rushed construction schedule.
10:45
Complex temperature issues due to the large size and height of the dam led to cracking during concrete casting.
Quality inspection reports were toned down to avoid criticism, indicating average quality of the dam construction.
Concerns raised about the flood storage capacity of the Three Gorges Reservoir.
⚠ The Three Gorges Dam faces significant safety risks and controversies due to construction issues and alleged negligence.
14:19
The dam's stability is at risk due to leakages, uplift pressure, and construction flaws.
Construction issues include overestimation of foundational conditions, use of subpar materials, and alleged corruption.
The dam did not undergo acceptance checks, and there were accusations of negligence and dishonesty in the construction process.
1
-
1
-
1
-
1
-
🍽 The video exposes the truth behind budget-friendly buffet restaurants in China, revealing the use of cheap and expired drinks, as well as deceptive advertising for seafood.
00:19
Budget-friendly buffet restaurants in China use cheap and expired drinks to cut costs.
Some restaurants deceive customers with unlimited top-tier seafood that turns out to be a gimmick.
To save money, businesses use cheaper frozen or dead king crab products instead of fresh ones.
🍽 The video exposes the use of low-quality and unregulated meats at coastal buffets, raising concerns about food safety and quality.
02:37
Coastal buffets use older frozen seafood and mixed meats to reduce costs, potentially compromising on quality.
Some buffets source grilled meats from unregulated workshops at shockingly low prices, risking the use of meats not approved for consumption.
A market survey found that the unlimited lamb hot pot deal offers low-quality meat at a very low price, raising concerns about food safety.
⚠ The video highlights the questionable practices and risks associated with buffet restaurants, including the use of cheap and unsafe ingredients, adulteration of alcoholic beverages, and unhygienic food preparation.
05:22
Buffets often use inexpensive and potentially unsafe vegetables and fruits from wholesale markets.
Alcoholic beverages in buffets are commonly adulterated with cheap ingredients, posing health risks to customers.
Buffet restaurants may resort to using unhygienic and unsafe practices, such as using gutter oil and low-quality meat.
🍽 The reality of the buffet restaurant was far from the advertised promises, with limited and low-quality food, and potential health concerns.
07:45
Buffet experience did not match the advertisements
Limited and low-quality food, with potential health concerns
Some buffets may use unknown substances to create false sensation of fullness
🇨🇳 Counterfeiting in China has reached an unprecedented global peak, with the government's campaigns against it being ineffective.
10:15
Counterfeiting is rampant in China, including fake products, currency, and even false evidence in courts.
The Chinese government's annual campaigns against counterfeiting seem to be for show, and some believe they tolerate counterfeiting for economic growth.
Analysts suggest that the moral degradation caused by years of rule under the Chinese Communist party may be contributing to the issue of counterfeit goods.
1
-
1
-
"Boe Technology Group Faces Setbacks After Being Rejected by Apple and Removed from Samsung's LCD Supply Chain, Accused of Patent Infringement and Facing Challenges in the OLED Market as Chinese Manufacturers Increase Global LED Market Share"
💥 Boe Technology Group faces setbacks after being rejected by Apple and removed from Samsung's supply chain.
00:07
Boe was rejected by Apple for the use of its OED panels for the iPhone 15.
00:07
Samsung Electronics has removed Boe from its supply chain for LCD panels.
00:23
Boe's market for low-end LCD panels is at risk of shrinking.
00:40
Samsung is a significant client for Boe, but disputes over patent rights persist.
00:56
Samsung's device experience division removed Boe from its supply chain for television and monitor panels.
01:33
Boe's market share for LCD panels has declined significantly.
02:19
The decision to cut ties with Boe is related to competition in the OLED sector and ongoing legal disputes.
02:52
📺 Samsung accuses Boe of patent infringement and requests damages and injunction from the court.
04:17
Samsung accuses Boe of infringing on Samsung's patent used in mobile device display.
04:17
Samsung requests damages and injunction from the court for patent infringement by Boe regarding OLED display technology.
04:26
Samsung targets Boe in a patent dispute for the first time.
04:50
Samsung learns about counterfeit OLED panels produced by Chinese companies and used by US smartphone repair shops to replace Samsung screens in iPhones.
05:05
Samsung demands licensing fees from Boe for supplying LCD panels.
05:29
Samsung reduces purchases of LCD panels from Boe and aims to eliminate Boe from the supply chain.
06:11
Boe's rise is attributed to technology theft from Korean companies and massive government subsidies.
06:41
📺 Chinese display manufacturer Boe aggressively expands in the LCD panel market, but faces challenges as clients cut orders and OLED panels become the standard for high-end devices.
09:20
Boe obtained almost 300 billion yen (about 42 billion USD) through financing and government subsidies.
09:20
Chinese panel manufacturers seized a large part of the LCD display market from Japanese and Korean companies.
09:33
Boe is currently the world's largest LCD panel manufacturer with a market share of 32.8%.
10:28
Boe is facing exclusion from Samsung's supply chain and order cuts from clients like Dell and HP.
10:50
LCD panels are gradually being abandoned due to issues like color loss and low contrast, while OLED panels become the standard for high-end display devices.
11:20
Boe aggressively enters the OLED display market dominated by Samsung.
12:03
Boe's acquisition of OLED technology from Samsung was speculated to be guided by the Chinese government.
12:43
📱 Boe, a Chinese OLED screen manufacturer, faces challenges and opportunities in the Apple supply chain.
13:16
Boe's cooperation with the Chinese government and technology theft incident involving Samsung.
13:16
Boe's growth as China's leading domestic OLED screen manufacturer.
14:55
Boe entering Apple's supply chain in 2020.
15:24
Cancellation of a major order by Apple due to unauthorized modifications by Boe.
15:40
Boe's financial performance decline in 2022.
15:57
Boe securing most of the display orders for the new iPhone 15.
16:29
Boe facing light leakage issues and Samsung filling the gap in OLED screen production.
16:45
📱 Chinese smartphone manufacturers are increasing their market share in the global LED market, surpassing Samsung for the first time.
17:33
Chinese companies' market share in the small and medium-sized LED market rose rapidly from 1.5% in 2017 to 20% last year.
17:33
Chinese smartphone manufacturers like Huawei, Xiaomi, and Oppo are choosing domestic screens for their mid to high-end models, surpassing Samsung in market share.
17:47
Samsung Display maintained its first place in the industry but its market share has been below 50% for four consecutive quarters.
18:09
Boe, a Chinese OLED manufacturer, saw its third quarter flexible OLED shipment share increase by 20% compared to the same period last year.
18:24
Chinese OLED screens have been reported to have quality defects such as high heat and brightness, leading to higher energy consumption and questioned battery life.
18:33
Samsung's OLED yield rate is 90% while Boe's is only 70-80%, and Samsung also has an advantage in the production of OLED organic materials.
18:51
Despite challenges, Boe backed by the Chinese government poses a significant threat to the global panel industry.
19:27
1
-
🌍 The Belt and Road Initiative (BRI) faces criticism internationally as participating nations struggle with debt crises, but China is still promoting the project as a successful outcome.
00:32
Criticism towards the BRI has been escalating internationally, with many participating nations facing debt crises.
China's Foreign Affairs Ministry announced the hosting of the third BRI Summit in Beijing in October, aiming to publicize the initiative's successful outcomes.
The BRI is frequently criticized by Western countries for enticing impoverished nations into a debt trap, expanding China's global influence.
💰 The Belt and Road Initiative is trapping economically fragile developing nations in a cycle of debt, allowing China to gain control over their infrastructure.
03:43
Debtor nations unable to repay their loans are forced to give China control over their ports, airports, dams, and communication networks.
Sri Lanka and Djibouti are examples of countries that have fallen into this debt trap and had to hand over their ports to Chinese state-owned enterprises.
China's plan to invest in a deep water port project in Myanmar was aimed at further expanding its control over strategic locations.
🌐 Italy hints at withdrawal from China's Belt and Road Initiative (BRI) during discussions with Chinese officials.
06:40
Italian Deputy Prime Minister hinted at necessary exit from BRI during discussions in China.
Italian Prime Minister stated that a final decision regarding withdrawal from BRI had not yet been made.
Italian media reports that Prime Minister informed Chinese Premier about plans to exit BRI.
🌍 China becomes the world's largest creditor as the US global share of creditor rights decreases, while loans offered by China to African nations decline significantly.
09:52
China's creditor rights increase to 30% while the US decreases to 2% between 2016 and 2021.
China's loans to African nations decline by 75% before the pandemic.
The Chinese government may no longer have the ability to help nations struggling to repay debts.
🌍 India, the Middle East, and European countries are collaborating to challenge China's Belt and Road Initiative and diversify supply chains.
13:13
India has deep mistrust and opposition towards China's Belt and Road Initiative.
The project was conceived during confidential meetings between India, the UAE, and the US.
The United States is ardently backing India and aims to complement India's rise.
1
-
🔍 High-ranking officials in the Chinese Communist party, including the former Minister of Foreign Affairs and the Minister of National Defense, have disappeared, fueling speculation and creating a mysterious narrative.
00:26
High-ranking officials in the Chinese Communist party have been vanishing successively, creating an unsettling undercurrent.
The disappearance of former Minister of Foreign Affairs qingang remains unsolved, adding to the intrigue.
China's Minister of National Defense has also vanished, leading to speculation and a frenzy of public interest.
🔍 Beijing authorities are investigating and removing Lee Shang Fu from his position as Minister of National Defense, along with arresting several military officers, due to corruption and cracking down on princelings.
03:54
Lee Shang Fu is under investigation and has been removed from his position as Minister of National Defense.
A total of eight people from the Equipment Development Department have been arrested, including military officers and bureau level officials.
The arrest of Lee Shang Fu is part of Xi Jinping's anti-corruption campaign and crackdown on princelings.
🔍 China investigates procurement corruption and misconduct in its defense industry and system.
07:41
The 19-month long russo-ukrainian War may have caused setbacks in Chinese civilian military integrated products supplied by Russia.
Lee, a member of the princeling faction, is involved in the investigation.
Lee has held significant positions in the military Aerospace system and was appointed Deputy Commander of the PLA Strategic Support Force.
🔍 The recent removal of prominent figures in China's military may be a result of Xi Jinping questioning their loyalty and purging them in batches, according to a media personality.
13:51
Xi Jinping's anti-corruption campaign in the military is ongoing with zero tolerance for corruption.
The missing individuals were close confidants of Xi Jinping, most of whom were personally promoted by him.
Historically, leaders in dictatorial regimes exhibit distrust towards their subordinates and purge them in batches.
1
-
1
-
1
-
1
-
😢 Chinese delivery riders face low subsidies and labor exploitation, contributing to high youth unemployment.
00:00
A Meituan delivery rider in Hangzhou received a subsidy of one yuan after covering a distance of 10 kilometers.
Chinese youth unemployment reached an unprecedented 21.3% in June, leading many university graduates to join the food delivery industry.
A lecturer documented his experience as a delivery rider, delivering 2000 orders in a month and earning just over 7000 yuan, describing it as exploitative and laborious.
🚴 Delivery riders in China face fines and wage deductions, while international courier industry has a more balanced approach to complaints.
04:21
Delivery riders in China can be fined 500 yuan for a complaint about their attitude from a customer.
Late deliveries in China can result in a minimum deduction of 40% from the delivery fees.
In the international courier industry, both customers and delivery riders have a relatively equal standing in complaints, with consequences such as banning customers from ordering for a year and allowing both parties to present disputes.
😔 The food delivery industry in China is overcrowded with unemployed workers, entrepreneurs, and graduates unable to find jobs, leading to a sharp decrease in orders and income for each rider.
08:32
Many highly qualified individuals, including those with Ph.D. degrees from Tsinghua University, are now working in the food delivery sector.
The influx of people into the food delivery sector has caused a decrease in orders and income for each rider.
The food delivery industry is perceived as a fallback occupation due to its low entry barriers.
😔 Highly educated individuals struggling to find suitable jobs in China's competitive job market.
12:12
Many highly educated individuals, including college graduates and middle-aged professionals, are joining the delivery workforce due to a lack of job opportunities.
Experienced professionals with advanced degrees are facing age discrimination in the job market, making it difficult for them to find employment.
Finding a job has become increasingly challenging, with a low response rate to job applications and limited interview opportunities.
😔 The food delivery industry in China is facing numerous crises, with low earnings and unresolved issues regarding the rights and interests of delivery riders.
15:57
The average monthly income of food delivery riders in China has decreased by more than half compared to last year, forcing them to complete over 30 orders daily to make ends meet.
In remote or quiet areas, the order volume is even lower, resulting in even lower earnings for delivery riders.
The food delivery industry, which was once a lifeline for the unemployed and low-income groups, has now become a trap for them, plunging them into deeper difficulties.
The rights and interests of tens of millions of food delivery riders in China remain unresolved, with cases of severe accidents and injuries during deliveries.
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
"Wealthy Chinese Individuals Desperately Fleeing $50 Billion/Month from China to Avoid CCP's Financial Control and Tax Investigations, Resorting to Gold, Foreign Currencies, and Overseas Real Estate"
💰 Chinese wealthy are moving assets out of the country by purchasing gold bars, foreign currencies, and overseas real estate to avoid CCP's financial control.
00:00
Customs discovered 1 million yuan in cash in a passenger's luggage at Shenyang Taoxian International Airport.
00:00
Driver caught hiding two gold bars in his shoes at Guangdong Zhuhai Airport, Gongbei Customs.
00:16
Chinese wealthy are rapidly moving assets out of the Chinese financial market by purchasing gold bars, insurance policies, and luxury apartments overseas.
00:36
About 50 billion dollars are flowing out of China each month on average, primarily from Chinese households and private businesses.
01:02
Chinese are buying small gold bars and stuffing them into their carry-on luggage to circumvent the Chinese government's strict control over transferring funds overseas.
01:15
Chinese buyers are the main purchasers of Tokyo apartments priced over 3 million dollars, often paying with cash carried in suitcases.
01:31
Chinese wealthy are opening bank accounts in Hong Kong and purchasing insurance products denominated in U.S. dollars for overseas asset allocation.
02:11
💰 The Chinese government is targeting the wealthy through tax investigations and extortionate methods due to economic downturns and financial pressures.
03:12
Chinese citizens paid 21.3% more for new insurance policies compared to 2019, indicating unease about the post-pandemic recovery and economic direction under Xi Jinping's rule.
03:12
Foreign capital is massively withdrawing from China, leading the CCP to target the country's wealthy class.
03:56
China is asking banks to scrutinize the assets of the wealthy, and those with assets over 30 million yuan are being asked to surrender 20% of their wealth or face comprehensive tax investigations.
04:10
Local CCP governments are extorting the wealthy through tax investigations due to economic downturns and financial pressures.
05:02
The wealthy are defined as businesspeople and those successful in various fields, and they often become aware of the CCP's brutality, official corruption, and societal darkness.
05:27
The CCP targets the wealthy for not aligning with the party and for having money that can be extracted, and they are also targeting those with democratic ideas.
05:48
The CCP is putting the wealthy at great risk through blatant robbery and extortionate methods.
06:15
💰 The video discusses the capital flight and desperation of wealthy individuals in China under the CCP's control.
06:29
Meng Jun advises the wealthy to urgently sell off assets and leave the country
06:29
Many wealthy individuals are transferring their assets out of China, particularly to the US and Canada
07:05
Over ten thousand wealthy individuals emigrated from China in 2022, surpassing Russia in net outflow
07:57
Capital outflows reached $49 billion in August and a net outflow of $53.9 billion in September, the largest since December 2015
08:27
Chinese investment strategy expert advises people to 'run' due to lack of confidence in CCP leader Xi Jinping
08:46
Challenges in getting money out of China, with speculation about money laundering to transfer funds
09:07
Discussion about potential methods of getting money out of China, including by water and land routes
09:20
💰 The video discusses the strict capital control measures implemented by the CCP in China, and the methods used by wealthy Chinese individuals to circumvent these restrictions.
09:46
CCP has implemented strict control measures to prevent capital outflow from China, including limiting individual annual foreign exchange purchase quota to $50,000 per person.
09:46
Chinese residents are prohibited from opening new offshore trading accounts with local brokerages, and new investments by existing customers are under strict surveillance.
10:25
Underground money houses have flourished but have been repeatedly suppressed by the authorities in mainland China.
10:58
Chinese regulatory authorities have closed almost all gambling channels to Macau, impacting wealthy Chinese individuals' ability to transfer money overseas through gambling trips.
11:22
Wealthy Chinese families and businesses find means to transfer funds abroad, including methods like 'ant moving house' and 'knocking' by underground money houses.
11:51
Singapore has become the preferred destination for wealthy Chinese emigrants, with a significant increase in the number of Chinese-funded enterprises registered in the country.
12:33
High-ranking executives from Alibaba have settled in Singapore, and the country is seen as a haven for wealthy Chinese individuals.
12:43
📉 The video discusses the economic challenges faced by China, including money laundering, emigration, and potential recession.
13:13
Elite companies and wealthy individuals easily move large sums of money out of China through unconventional means.
13:13
Some Chinese individuals take illegal routes to emigrate to the U.S. due to their dissatisfaction with the CCP.
14:03
China is facing potential economic recession, deflation, and increasing domestic economic pressures.
14:20
Outside first-tier cities, China's economic situation looks worse with declining foreign investment and lowered growth forecasts.
14:31
Experts predict that China's economy may experience negative growth or a severe economic crisis in the future.
15:01
A senior fellow at the Hudson Institute believes that China's economic development has reached its limits.
15:18
The idea of China overtaking the U.S. economically is deemed to be over by experts due to the current economic situation.
15:41
1
-
1
-
1
-
1