Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "China Observer" channel.

  1. 🔍 The mysterious disappearance of China's defense minister, Li Shangfu, raises questions about his sudden absence and potential scrutiny. 00:00 Li Shangfu's absence has sparked speculation and rumors about his potential involvement in a political chess game. Other top officers from the rocket force, including former commanders and political commissioners, are also rumored to be in hot water. The rocket force, central to China's nuclear arsenal, plays a crucial role in deterring US interference in Taiwan affairs. 🚀 The recent focus on the inner workings of China's rocket force reveals significant equipment challenges and a potential counter strategy by the US. 04:47 Leaked military intelligence exposed details about China's rocket force, including missile deployment spots and troop numbers. The revelation of China's rocket force challenges and the US counter strategy is a wake-up call for China amidst economic struggles and national pressures. China's rocket force faces efficiency issues and relies on smuggled equipment from Taiwan. 🔥 Xi Jinping's high-level purges and commitment to reunification by force are unsettling the political and economic arenas in China. 08:16 Xi Jinping's current actions demonstrate urgency and resolve to achieve reunification by force. The Chinese military grapples with pervasive corruption despite its facade of might. Under Xi Jinping's reign, over 140 generals have been ousted in his anti-corruption purge.
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  2. Precisely, The Northern Hemisphere has generally been getting colder for the last millennia.
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  3. Christ😊 will Comfort you if you ask for His help.❤😊❤
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  4. Kim Jong-Un is right to mistrust and disrespect the Chinese Communist Party.
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  5. Good video
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  6. @JackSmith-mk1ru is an ultra-nationalistic, Maoist, Marxist, communist wumao.
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  7. Chinese people appear to prefer Christendom over the CPCommunist CCParty's PRC!
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  8. 😱 Shocking video reveals substandard construction of resettlement homes without cement. 00:37 Villagers spent 400,000 Yuan on resettlement houses only to find they were of poor quality. The walls of the homes are less sturdy than traditional Adobe walls and can be dismantled by hand. ⚠ The video discusses the widespread issue of compromised construction standards and substandard housing quality, leading to safety concerns for residents. 03:13 Construction contractors being relatives of local officials leading to compromised construction standards and cost-cutting. Residents of Harmony Home Community facing structural issues in their buildings, leading to safety concerns and forced evacuation. Local departments commissioning building inspection agencies to assess structural safety of buildings in the community. 🏚 Villagers in Hunan Province reported substandard construction of poverty alleviation resettlement houses, with numerous quality issues including paper doors and cracked walls. 06:53 Villagers reported poorly constructed resettlement houses with cracks in exterior walls, paper doors, and various quality issues. One homeowner demonstrated the poor quality of his door, revealing it was filled with paper and cardboard. Another resident had to reinforce the floors in her bedroom and living room due to shaking, and experienced cracked and falling walls. ⚠ The video highlights multiple cases of substandard construction in resettlement houses, posing potential danger to residents. 10:14 Cement crumbles easily when pinched by hand, indicating shoddy construction. Multiple cases of substandard construction in resettlement houses, including falling exterior wall coating and easily chipped concrete pillars. Shanty town renovation project exposed as substandard construction endeavor, causing serious quality issues such as leaks in resettlement area. 🏚 Government-led poverty alleviation projects in China have led to substandard and dangerous living conditions for villagers. 13:50 Government-led poverty alleviation projects in poor counties in China became hotbeds of corruption, resulting in substandard constructions and dangerous housing situations. Villagers resorted to propping up cracked walls with tree trunks and grinding stones to prevent collapse. The entire process of relocation, construction, and occupation of the new Village was described as rotten, with poorly built foundations and drainage channels.
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  9.  @daomingjin  it will continue ⏩ to descend. What we've seen thus far is just the tip of the iceberg that the CCP is steering the industry into over the next 5️⃣ years or until whenever the world 🌏 ends.
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  10. My pleasure @mintymint4048 
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  11. 😢 Massive floods in North China region caused widespread devastation and destruction. 00:13 Thousands of pounds of grain soaked in floodwater are being sold for industrial alcohol. Homes and properties are severely damaged, with furniture and appliances thrown all over the place. The floodwaters have receded, leaving behind a smelly, foul mud sludge in homes and fields. 💔 The sudden release of floodwaters in Hebei, China without warning led to loss of lives and destruction of properties. 05:02 Countless lives were lost and many people were unable to evacuate in time due to unannounced release of floodwaters. A family of six, including three generations, was swept away by the floods while seeking shelter. Residents believe that redirecting floodwaters to retention areas worsened the local flooding. 💰 China's flood relief funds are insufficient due to financial strain on the government. 10:05 The Chinese government allocated 450 million yuan for flood relief, which is significantly less than the estimated damages in the tens of billions. Heavily affected areas like Hebei and Heilongjiang were already burdened with debt before the flood. China's post-pandemic economic recovery has been faltering, with declining exports and a low Manufacturing Purchasing Managers' Index.
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  12. 😔 Layoffs in Shanghai have left many unemployed and searching for jobs, causing a bleak situation in the city. 00:00 Half the company was laid off without full compensation due to the risk of the company going under. Many people in Shanghai are struggling to find jobs, with some having no luck for over six months. Living in Shanghai has become increasingly difficult this year, with every industry facing challenges. 📈 Industrial output in Shanghai increased by 12 percent in July, but the cumulative increase for the year was lower than previous months. 03:15 Industrial output in July increased by 12 percent compared to the previous year. Cumulative increase in industrial output for the year was 7.7 percent, which was 4 percentage points lower than the previous six months. The decrease in industrial output in January was due to pandemic-related restrictions and the Lunar New Year holiday. 📉 SMIC, China's largest integrated circuit wafer manufacturer, reported a double-digit decline in revenue and net profit in the first half of 2023. 07:52 SMIC's revenue decreased by 19% and net profit decreased by 34% compared to the same period last year. The revenue from wafer foundry services dropped by 21% and wafer sales volume decreased from 3.7 million pieces to 2.7 million pieces. SMIC warned about potential future trade restrictions and barriers due to escalating trade frictions between the US or other countries and China. 📉 The Shanghai property market is experiencing a significant downturn, with luxury properties seeing substantial price drops and a decrease in sales. 12:31 Luxury properties in Shanghai are now frequently appearing in the secondary market, with many experiencing ten-million yuan price drops and almost halving their original prices. In July, there was a 15 percent decrease in per-unit transaction prices compared to June, and less than 100 luxury second-hand homes were sold. The collapse of the Shanghai property market is resembling a melting ice cream, with both manufacturing and real estate sectors experiencing a downturn. 😢 Brick-and-mortar stores are facing widespread distress, with many closing down or struggling to stay open due to high costs and low profits. 16:54 Brick-and-mortar store owners are forced to abandon their establishments and leave. The retail sector is experiencing a significant increase in closures. This year, it has become extremely difficult for store owners to cover rent and basic living expenses.
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  13. The government needs to realise that their cloud seeding is causing droughts and floods at higher frequencies in differing regions of China👍👍👍
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  14. ⚠ Protests erupt in China over unfinished buildings amid government promises and police violence. 00:00 Homeowners demand justice for unfinished buildings, facing delays and broken promises. 00:00 Protests spread nationwide with reports of misappropriation of funds causing project stagnation. 00:52 Incidents of police violence towards protesting homeowners in different provinces. 01:06 💰 Housing market turmoil in Shanghai leads to significant price drops and challenges for homeowners. 04:15 Significant price drop for the second floor unit from 4.1 million to 3.8 million 04:15 Homeowners facing challenges with falling property values and high loan interest rates 04:49 House finally sold after 3 and a half years, highlighting the impact of the housing market turmoil 04:58 🏠 Housing market trends in mainland China reveal disparities between new and secondhand residential building prices. 07:40 11 cities saw a rise in new residential building prices, while 57 cities experienced a decrease in secondhand housing prices. 07:40 Professional bloggers verify that listed housing prices may not reflect real values due to negotiation practices. 08:30 Buyers in mainland China often negotiate prices significantly, potentially leading to substantial decreases in final transaction prices. 08:41 🏠 Impact of declining real estate market on loan interest rates and expectations in China. 11:32 Weighted average interest rate of new personal housing loans lower than new corporate loans for the first time. 11:32 Expectations for the real estate market declining, leading to early loan repayments and shrinking existing housing loans. 11:57 Interest rates playing a significant role in stimulating transactions during rising house prices but causing sensitivity during declining periods. 12:34 ⚠ Urban real estate market in China facing challenges due to negative cycles and CCP's tactics. 15:01 CCP encourages house buying to exploit people financially, leading to long-term debt and property loss. 15:01 Declines in real estate not limited to major cities, with third and fourth tier cities also experiencing significant drops. 15:35 Negative cycles in urban real estate market include falling house prices, lack of new housing sales, and pandemic impact. 15:47
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  15. 🏭 Daido Electric, a large Japanese company in Suzhou, announced its withdrawal from the region, raising concerns about the decrease in high-quality employers. 00:16 Daido Electric offers competitive salaries and benefits to its employees. All due compensations for Daido Electric employees have been fulfilled. Foreign companies in Suzhou have been relocating or shutting down in recent years. 📉 Suzhou's economy is declining, with a low GDP growth rate, significant declines in pillar industries, and a decrease in foreign trade. 03:37 Suzhou's GDP growth in the first quarter of 2023 was only 1.9%, ranking it second-to-last among China's top ten cities. All four of Suzhou's pillar industries saw significant declines in GDP, ranging from 6.2% to 17.4%. Suzhou's import and export values decreased by 15.4% in the first quarter of 2023, with exports falling by 10.7% and imports by 22.1%. 📉 Japanese companies are reducing their presence in China due to labor regulations and domestic policy opacity. 07:06 Honda and Mazda are considering moving their production capacity out of China. The number of Japanese enterprises operating in China dropped to a ten-year low of 12,700. 2,176 companies have left China or their whereabouts are unknown, with 116 firms declaring bankruptcy or closing down. 💥 China's ban on Japanese aquatic products strains China-Japan relations and leads to the exit of Japanese enterprises from China, while confidence of European and American businesses in China hits a low. 10:29 Chinese authorities imposed a comprehensive ban on the import of Japanese aquatic products due to nuclear wastewater treatment issues. American businesses' confidence in China continues to deteriorate, with 40% of American companies planning or already shifting their investments from China to other countries. European and American businesses' confidence in China hits its lowest level in years, with Southeast Asia being the preferred alternative destination for investments. 📉 Mainland China's isolationist policies and deteriorating business environment are causing increasing challenges for foreign and private Chinese enterprises. 13:58 International supply chains are rapidly moving out of China, leading to a deteriorating operating environment for businesses. Many businesses in China are facing bankruptcy or closure, resulting in a harsh economic environment. Property owners who bought commercial spaces in China are suffering huge losses due to high debt ratios. Let's Chat QnA! 🤿
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  16. 💰 China has launched a new system called the individual income and property information registration, which aims to survey the assets of high net worth and high income individuals. 00:27 The system allows for a comprehensive view of all properties, vehicles, and assets owned by individuals. Assets above 2 million are under regulatory scrutiny and considered high net worth. The government is particularly focused on individuals with assets above 6 million. 💰 The Chinese government's recent actions and statements suggest a focus on wealth redistribution and increased scrutiny on wealthy individuals and corporations. 04:04 The Chinese government has targeted industries such as real estate, oil, lottery, and funds for assessment of assets held by beneficiaries. Recent actions, such as the arrest of the head of China's largest immigration firm and an anti-corruption storm in the pharmaceutical and healthcare system, indicate the government's intent to redistribute wealth. Regulatory actions against Alibaba and Didi Chuxing, along with major corporations making substantial donations to government-led initiatives, show a pattern of entities feeling compelled to offer donations for their security. 💰 The Chinese Communist party's renewed campaign aims to raise funds, maintain power, and recruit support. 08:18 Efforts in China are notorious for exploiting both plaintiffs and defendants, with lawyers, accountants, and engineers involved in corruption. The CCP's strategy is to delay the social crisis by resorting to robbery when short of funds. The CCP aims to secure financing, garner public support, and recruit peasants for military service.
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  17. Chinese people are beginning to have less money 📈💲 to spend and social interactions seem to be slowly moving away from restaurants, cafes and even shopping centres.
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  18. @JackSmith-mk1ru is an ultra-nationalistic, Maoist, Marxist, communist wumao.
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  19. It's hilarious that people allow governments to cause this to happen to commerce, economics, and broadly to society.
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  20. Agreed, Louis Giokas.
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  21. 📉 The arrest of the chairman of Evergrande Group, Shu Jin, and his son signals the potential collapse of China's largest property developer and financial empire. 00:07 Several senior executives of Evergrande Group were also detained. Shu Jin's arrest stemmed from allegations of faking a divorce to transfer assets to the state. The arrest may lead to the domino effect and the collapse of Evergrande. 💸 Shujin has shifted some of his assets abroad through a technical divorce with Ding, resulting in Ding receiving a significant portion of dividends from offshore companies. 04:11 Shujin's assets worth around 100 billion yen have been shifted abroad through a technical divorce with Ding. Ding received a significant portion of dividends from offshore companies controlled by Shujin. Shujin's second son, Shu Tangu, is also under investigation and recently sold his lavish mansion in Los Angeles. 🏢 Evergrande, a leading real estate company in China, faces financial difficulties, leaving homeowners in distress. 08:03 Homeowners in Wuhan express frustration over unfinished properties and financial stress. Evergrande's founder, Shu Jin, expanded the company into various industries, including electric vehicles and sports. Evergrande's success was supported by the Chinese Communist Party.
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  22. Naw, that was 15% inflation. It made its mark but just not as people would generally expect such major inflation to leave a mark.
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  23. ! China's economy is crumbling, leading to a real estate crisis and a decline in confidence. 00:33 The Yang family has prepared for the economic downturn by moving assets overseas. China's real estate crisis has affected other economic sectors and led to bearish sentiments on Wall Street. Chinese citizens are facing challenges of business downturns and personal wealth shrinkage. 🇨🇳 China's economy and governance under Xi Jinping face challenges and criticisms. 05:05 Ambitious initiatives championed by Xi, such as 'Wolf Warrior diplomacy', 'One Belt, One Road', and 'Xiong'an New Area' project, are in disarray. Xi's governance style is criticized for having high aspirations but insufficient talent and being unfit for his position. Beijing seems to fear the growth of the private economy due to a deep-seated fear that capitalism and private enterprise could overthrow the Chinese Communist Party. 📉 China's economic crisis is intensifying with property prices crashing and sales plummeting by 70-80 percent, leading to a downturn in retail and commerce. 09:43 China's growth model has shattered and signs of economic distress are evident, entering a challenging period. China is repeating the mistakes of the 2008 financial crisis with an expanding real estate market and massive debt incurred by local governments. The Chinese government's reliance on the real estate sector is backfiring as it constitutes nearly a quarter of China's GDP and is in a bubble.
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  24. If all of this on your channel is true, then I question why the Communist Party of Mainland China 🇨🇳 is doing this. How would it even benefit the Communist Party of China 🇨🇳 or Chinese people or anyone globally?
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  25. Perhaps they should name their apartment blocks 'Thank be to Xi Jinping Estate' or 'House of the People who Worship Xi Jinping' because Comrade Compatriot Xi Jinping will never allow apartments that support the CPCommunist CCParty to fall in price!🤣🤣🤣🤣🤣🤣🤣😂😂😂😂😂😂😂😂😂😂😅😄 🤣🤣🤣😂😂
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  26. 🤣🤣😂😂😅I'm just joking, naturally. They certainly shouldn't do that. 😂😂😂🤣🤣🤣🤣🤣😂😄
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  27. It's impossible to be profitable in a communist economic environment —hence the movement of capital out of the People's r. Of China 🇨🇳 ♻️
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  28. Remember to say CCP instead of CPC
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  29. I agree but practically speaking, there are very few people who wish to do that, who are willing to do that or who want and desire to work for freedom. This report had incredible information. I had no idea that Chinese immigration to the U.S. was so high and so difficult. It is shocking to hear how they have to cross the jungle, the desert, and the border to get here. I wonder what kind of hardships they face along the way and how they cope with them. I also wonder how they adapt to the new culture and society once they arrive. I wish them all the best and hope they can achieve their dreams in America. 🙌🇺🇸
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  30. "Beijing and Shanghai, Two of China's Key Cities, Face Economic Challenges with Declining Business and Rising Office Vacancy Rates" 🛍 The once bustling shopping center in Beijing is now facing a severe decline in business and foot traffic. 00:00 The shopping center in Beijing is experiencing a high vacancy rate and many well-known businesses have closed down. 00:00 The general manager of a large Chinese clothing chain observed a scarcity of customers and a bleak commercial atmosphere in the mall. 00:54 The scale of the skylight in the shopping center ranks third in the world, but the place is now desolate with aimless wandering visitors. 01:18 Rumors suggest that popular dining places and brands in the shopping center are gradually closing down. 02:05 There are signs of economic downturn everywhere, with industry giants closing stores and internet famous brands massively shutting down. 02:27 A landmark of economic prosperity and fashion now has entire rows of shops closed, reflecting the coldness of the local business scene. 02:33 The once lively business scene in Beijing is now described as as cold as the outside temperature by a media personality. 02:48 📉 The video discusses the unprecedented high vacancy rate of office buildings in Beijing and its impact on businesses. 03:48 Rental prices for offices and apartments in Dongguanin have dropped back to the levels of 10 years ago. 03:48 Vacancy rate of office buildings in Beijing's Jun guu has reached 16.9% compared to 2% at the end of 2020. 04:03 Businesses are facing financial difficulties, leading to terminations of leases and closures. 04:27 Relocation of internet giants and growing enterprises to self-owned properties and technology parks has impacted the vacancy rate. 05:14 Beijing's overall office vacancy rate reached 18.3% in the second quarter of this year, the highest level in nearly 13 years. 05:53 💼 The Beijing office market is experiencing a decline in vacancy rates and rents, leading to challenges for both landlords and tenants. 06:11 Vacancy rate for grade A office buildings in Beijing increased by 1.2 percentage points, reaching 19.5% by the end of the third quarter. 06:11 Tenants are relocating from the city center to the outskirts due to the challenging market conditions. 06:35 The Beijing office market has seen a significant shift from landlords having the upper hand to tenants having more negotiating power. 06:48 Local office rental market has been challenging, with deals involving lowering the rent and fewer client groups per month. 07:13 A small local business faced a hefty fine for selling hot food beyond its approved scope, sparking criticism and concerns about excessive fines. 07:25 The incident reflects the financial crisis of the Chinese Communist Party and the prevalence of fines economy, leading to a sense of despair among netizens. 08:17 Fines in various places in China seem to be a reflection of the underlying economic downturn and government departments resorting to fines to extract money from the public. 08:36 📉 The economic situation in Shanghai, China is bleak with rising office vacancy rates and declining profits in the wholesale and retail industry. 09:04 Restaurant operator fined for selling raw vegetables 09:04 Rising vacancy rates and falling rents in Shanghai office spaces 10:05 Closure of foreign financial institutions' offices in Shanghai 11:04 Decline in profit of wholesale and retail industry in Shanghai 11:43 Struggle of Shanghai businesses to pay additional value added tax 11:55 Closure of Shanghai luad Plaza 66 12:09 📉 The video discusses the potential impact of Tesla evacuating from Shanghai and the economic challenges facing China. 12:24 Rumors of Tesla evacuating from Shanghai are circulating online 12:24 Tesla is considering moving its Giga Factory out of Shanghai 12:31 Tesla reportedly laying off some battery assembly workers at its Shanghai Factory 12:45 The economic slowdown in Beijing and Shanghai indicates challenging economic conditions in China 13:18 China's economy is facing challenges with declining exports, outflow of foreign capital, and insufficient domestic consumption momentum 13:33 The Chinese government is struggling to find effective solutions to stabilize the economy 13:51 The situation in Shanghai and China's economy is deteriorating 13:59
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  31. 📱 Huawei's Mate 60 Pro smartphone falls short of expectations with its 7 nanometer chipset. 00:29 The Mate 60 Pro smartphone utilizes a 7 nanometer Kirin chipset, which lags behind other contemporary brands. Huawei's own 2020 Mate 40 model features a 5 nanometer chipset, outperforming the Mate 60 Pro. User experiences reveal overheating issues and unpredictable crashes with the new Huawei phone. 📱 Rumors suggest that Huawei's chips for smartphones are produced by Chinese company SMIC using a 14nm process, resulting in performance equivalent to 7nm at a significantly higher production cost. 04:35 Huawei has increased the shipment volume for the Mate 60 series to 20 million units, potentially leading to colossal figures if government subsidies are provided. Concerns regarding safety and privacy protection have been raised due to the surveillance features of Huawei phones, which cannot install VPN and other bypass software. Attempts to sidestep U.S. restrictions in the development of Huawei Mate 60 have been discovered, with the most expensive foreign components being the DRAM and NAND Flash from South Korea. 📈 Huawei is making a comeback in the smartphone and services sector with the help of pxw, which is aiding them in circumventing U.S. sanctions. 08:02 Pxw is helping Huawei bypass U.S. sanctions by placing orders for chips and equipment from foreign suppliers. Pxw is recruiting talent with attractive salaries, offering up to 5 million New Taiwan dollars annually. The Senja Major Industry Investment Group is funding pxw and other industry investment entities to evade U.S. sanctions. 📱 The iPhone 14 can automatically connect to satellites passing overhead. 11:39 The Mate 60 requires manual alignment with the satellite. China Telecom users have exclusive access to connecting to Tian Tom 1. The CCP is attempting to break through the critical bottleneck in semiconductor technology. 🌍 The video discusses the differences between technological advancements in the free market of the US and Europe compared to China's reliance on government leadership, subsidies, and plagiarism. 15:05 Technological advancements and breakthroughs come from the free market and genuine competitive environments. China relies on government leadership, massive subsidies, and plagiarism to catch up in technology. Tensions between China and the US are accelerating, leading to a potential Cold War era standoff scenario.
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  32. , @mikediamond353 there is an excellent chap called Bro. Michael Dimond O.S.B. Superior of Most Holy Family Monastery.
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  33.  @talkinghand122  Indeed
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  34.  @LOLLOL-kg4dz  The C guys are an anti-Western group and as such, they would likely pay you. As for the DPP, I'd love to be paid by them to promote markets, commerce and Christianity✝️
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  35.  @Frank-Thoresen  aye, true.
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  36.  @zelgie3013  China Observer usually uses real narrators.
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  37. Changchun is a Fine City😂😂😂😂😂😂😂😂😅😅😅
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  38. 😔 The downward trend of China's economy is impacting the catering industry, leading to closures and financial struggles for restaurant owners. 00:00 China's catering industry is facing immense challenges with a wave of closures impacting restaurants. Restaurant owners are struggling with financial losses and overwhelming bank debts, leading to closures. The pandemic has resulted in significant financial challenges for the catering industry in China, affecting both well-known chain brands and individual restaurant owners. 😔 The video discusses the decline of popular shops and restaurants in Shanghai, with a man expressing dismay at the changes in the city's commercial district. 03:30 Popular shops and restaurants in Shanghai are closing down, with fewer customers and empty storefronts in the commercial district. The man expresses concern about the difficulty of making money in the restaurant business in the current economic climate. A local driver recommends Sunak Mall in Guang Jadu as a good dining option. 🍽 The restaurant industry is facing a nationwide wave of closures and a surplus of secondhand equipment, leading to a downturn in business. 06:43 Nearly 1 million restaurant licenses have been revoked or canceled this year. The secondhand equipment recycling market has seen a significant increase in closed restaurants and surplus equipment. The industry experienced a promising period after the lockdown was lifted, but took a nosedive in May and June. 🍔 Restaurants in various regions of China are facing closure due to high costs and declining customer volume. 09:47 Bleak market conditions affecting restaurants in Shenzhen, Beijing, Changdu, and Changsha. Small scale restaurants facing high costs and low customer volume, leading to closures. Popular Fried Chicken chain, Jungshin Chicken Steak, experiencing a significant decline with nearly 10,000 stores shutting down. 😔 The catering industry in China is facing challenges with a significant increase in new businesses and closures, leading to intense price wars and predictions of large-scale closures by the end of the year. 13:14 Cumulative number of newly registered catering businesses nationwide increased by 374,000 compared to the same period last year The industry has seen a large influx of entrepreneurs, increasing competitive pressure and leading to intense price wars Predictions of a large scale wave of closures in the catering industry by the end of December this year
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  39. 🏢 Property prices in China are plummeting, leading developers to offer significant discounts and promotions. 00:00 Developers in Zhuhai are offering 50% off properties, selling at 14,000 to 15,000 yuan per sq. m. A prominent developer in Hangzhou is giving away gold with property purchases, offering an 18% discount. China's Ministry of Housing and Urban-Rural Development is allowing developers to reduce prices to save themselves. 😔 The pre-sale prices for Greenery Gardens in Beijing have decreased by nearly 10% due to the sluggish housing market. 04:21 The initial estimated sale price of units in Greenery Gardens was 100,000 to 110,000 RMB per square meter. The latest approved pre-sale prices range between 90,700 to 99,700 RMB per square meter, representing a nearly 10% decrease from the original estimate. The lower pre-sale prices reflect the current sluggishness in Beijing's housing market, especially the luxury market. ⚠ Hong Kong's continuous interventions to stabilize the Hong Kong dollar may exhaust their resources and lead to a financial crisis, while China's sluggish residential market and downturn in real estate impact premium office spaces in major cities. 08:34 Hong Kong authorities have intervened in the Hong Kong dollar 49 times since May 2022, accumulating purchases of over 290 billion Hong Kong dollars. There is a possibility of a financial crisis in Hong Kong similar to or more severe than the 1997 Asian financial crisis due to continuous interventions, potentially leading to a speculative attack on the Hong Kong dollar. China's underwhelming economic recovery has resulted in a rising vacancy rate in premium office spaces in major cities like Shanghai and Beijing, with companies cutting rental expenses and favoring areas with lower rents.
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  40. Tofu-dreg construction implemented by Tofu Communists who are building the Belt and Tofu to spread their tofu-dreg quality.
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  41. 😔 The foreign trade situation has changed, with a client switching to a cheaper factory in Vietnam due to lower tariffs, resulting in a slump for freight forwarders. 00:22 Freight forwarders are experiencing a significant decrease in business due to a decline in export orders. Shipping costs have been high in the past due to high demand, but now they are decreasing as the overall situation worsens. The cost of container shipping is a reflection of the current state of the economy and trade. 📉 Chinese enterprises are closing down or relocating to Southeast Asia due to regulatory violations and supply chain shifts, resulting in a massive outflow of industries and a decline in China's exports and imports. 03:30 China's total goods trade value in the first 10 months decreased by 6% year-on-year, with exports down by 5.6% and imports by 6.5%. China's largest trade partner, Asen, experienced a 5% decrease in bilateral trade value, followed by the European Union with a 7.5% decrease, and the US with a 13.3% decrease. China's trade values with major partners, including Taiwan, South Korea, the Philippines, New Zealand, Japan, the Netherlands, and Germany, have significantly dropped. 📉 Chinese exports continue to decline, with a 6.2% decrease in trade volume for May. 06:25 Exports for May declined by 6.2% to 284 billion, while imports decreased by 4.5% to 218 billion. The decline in Chinese exports has been ongoing since October last year, with a significant drop in May. The surge in exports in March and April was attributed to backlog orders and low export volumes from the previous year, but this trend reversed in May due to decreasing overseas demand. 💼 China's exports to the EU and US have declined, while trade with Aien has grown significantly, but with minimal profits compared to Europe and America. 10:26 China is facing internal deflation and a decline in foreign investment. Experts believe that deflation after the pandemic exposes structural problems in China's economy. China's weak demand contrasts with the continuous inflation in the US and Western countries. 📉 China's anti-espionage law raises concerns in the business community, weakening investor confidence and leading to authoritarian measures. 13:04 China has ordered economists not to report excessively alarming news, especially regarding currency tightening. Chinese officials deny deflation in the current and future Chinese economy, citing recovering market demand and improving supply-demand relations. China's weak exports require reliance on domestic growth sources for economic development, posing a challenge.
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  42. Sadly 😥 😔 😟 🙁 😞 😿 😥 😥 chinese people will likely have very little freedom left within a few years.
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  43. ⚠ Factory shutdown in China leaves workers stranded, sparking protests. 00:00 Balu Footware Company Limited shut down its factory in China due to global impact and decreased orders, leading to dissatisfaction and protests among the affected workers. The company plans to relocate its operations to Indonesia, but the compensation for the workers will only be available after December 31st. Thousands of employees gathered outside the factory, with hundreds occupying the office space in protest. 💔 Workers in China are facing financial crisis and delayed wage payments, leading to protests and aggressive dispersal tactics by security personnel. 03:05 Factory orders have decreased, impacting economic prosperity in China. Construction workers are facing financial crisis and delayed wage payments, leading to protests and aggressive dispersal tactics by security personnel. Elderly workers in Shanghai have resorted to sleeping on the streets as a form of protest due to unpaid wages. 💰 The video discusses the financial insolvency faced by developers in China, leading to halted construction work and unpaid wages for migrant workers. 06:00 Financial insolvency leading to halted construction work and unpaid wages for migrant workers Reluctance of Construction Industries to pay wages due to delayed payments from local governments and state-owned Enterprises Owing wages to migrant workers becoming a norm in China, contributing to social instability ⚠ Chinese manufacturing PMI fell to 49.4% in November, below economist predictions, indicating contraction and a decline in factory activities. 08:52 Chinese manufacturing PMI fell to 49.4% Concerns about domestic market's inability to compensate for losses in Europe and the United States Contraction in the service sector for the first time in 12 months 📉 Chinese exports in November 2023 saw a year-on-year decrease, with concerns about the sustainability of the improvement. 12:19 Chinese exports in November 2023 decreased by 3.2% year-on-year, reaching $294.8 billion. Analysts express concerns about the sustainability of export growth and the need for China to rely on domestic demand for future economic growth.
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  44. 💥 In November 2023, two of China's Tech Giants, Alibaba Cloud and DD Global, experienced an epic technological breakdown ca u sing chaos among passengers and drivers. 00:07 DD Global's app failed to provide normal services, resulting in chaos among passengers and drivers. The 12-hour technical meltdown resulted in DD Global losing over 4 billion yen in transactions and approximately 10 million orders. The failure originated from a fault in the underlying system software, causing an internal network crash. ⚠ Multiple catastrophic failures in China's tech industry led to widespread disruptions and unemployment. 02:53 Malfunctioned coupon Redemption page led to closure of companies and unemployment Alibaba Cloud suffered breakdown affecting millions and disrupting daily routines Cooling system failure in Alibaba Cloud's Hong Kong data center caused severe outage lasting over 12 hours ⚠ The impact of laying off experienced workers on internet giants and the resulting coding issues and system instability. 05:47 Laying off experienced workers leads to younger teams struggling with complex industry issues. Accumulation of coding issues in internet behemoths is becoming increasingly problematic. High interdependency among software modules due to failure to keep pace with development speed. 💻 Large companies continue using outdated technology to maintain stability, impacting millions of users and leading to substantial commercial losses. 08:24 Tencent still using VS 2006 due to technical issues and loss of historical logs. Alibaba Cloud postpones IPO due to US restrictions on computing power chips. 💡 Chinese tech companies are struggling to keep up with advanced foreign technologies like chat GPT, leading to economic downturn and decline in quality of services. 11:13 Chinese tech companies lack depth of technological accumulation and talent reserves compared to advanced foreign technologies like chat GPT. The decoupling of US from China and restructuring of supply chains has led to economic downturn and decline in quality of services in everyday life. The tense situation in the South China Sea could lead to severing of services with China by Western companies, impacting companies like Dei and Alibaba cloud.
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  45. There are certainly some wumaos and ultra-nationalist CCP supporters in these replies🤣🤣🤣🤣😂😂😂😅😄😄
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  46. High Return Rate of 99% Leaves Live Streaming Sellers in Tears as Double 11 Sales Event in China Witnesses Decline in Consumer Spending 📉 A livestreamer known as 'Little Sheep' gained attention for his staggering 99% return rate of products sold during the Double 11 sales event in China. 00:18 Little Sheep's livestream had a 99% return rate of products sold during the Double 11 sales event. 00:18 Little Sheep's livestream gained attention and he was jokingly referred to as the 'champion of sale returns'. 00:32 Chicken feet snacks were a popular product promoted by Little Sheep, but had a high return rate. 01:11 The total amount refunded reached 180 million yen, with chicken feet returns accounting for 160 million yen. 01:18 Little Sheep's livestream followers engaged in a unique form of interaction, using investment terminology to describe their actions. 02:07 Products often sold out quickly but were promptly returned under the claim of 'short selling'. 03:08 The livestream sparked lively discussions and playful comments among viewers. 03:29 📺 A financial blogger turned live streamer, Little Sheep, experienced a surge in sales but also a high return rate of over 99% for the products sold. 03:43 Little Sheep's live stream featured the ALfenga gaming chair, which generated sales of 20 million yen. 03:43 Little Sheep's followers started requesting refunds, resulting in a return rate of over 99% and a refund amount of over 100 million yen. 05:12 Despite the high return rate, Little Sheep's popularity and follower count increased significantly. 06:02 Most of Little Sheep's followers participated for entertainment rather than serious purchasing. 06:29 Both Little Sheep and the merchants faced substantial losses due to the high return rates. 06:36 The merchants had to bear the costs associated with returns, including shipping, handling, and product loss. 07:12 The phenomenon of high return rates is not unique to Little Sheep's live stream. 07:20 📺 China's leading live stream sales host, Lee Jai, reportedly generated over 25 billion yen during this year's Double 11 shopping festival, but rumors of high returns and competition from jd.com have caused controversy. 07:44 Lee Jai faced 6 billion yen in returns due to dissatisfied customers engaging in a cycle of buying and returning products in his live stream. 07:44 Lee Jai's accusations of copyright infringement against jd.com led to a response from the platform, aggressively competing with lower prices and giveaways to mock him. 08:24 Many viewers switched to jd.com for better deals, causing a significant number of returns for Lee Jai. 08:50 Lii's team denied the reported revenue of 25 billion yen, stating that the figures were completely fabricated and inaccurate. 09:26 Lii's sales on the first day of last year's Double 11 pre-sale reached 21.5 billion yen, but this year it decreased by more than 50% to 9.5 billion yen. 09:50 The denial from Lee Jai's team comes amidst increased scrutiny of wealth accumulation in China and his previous controversies. 10:17 Lee Jai faced financial challenges, including a tax evasion scandal and suspension, and received backlash for promoting a domestic brand during a live stream. 10:48 😡 Viewers expressed anger over a commentator's remarks mocking the poor and highlighting the lack of opportunities for young people in China. 11:23 Commentator's remarks sparked outrage and led to a loss of followers. 11:23 Critics pointed out that wages had not increased despite rising costs. 11:30 Online shop owners also experienced a surge in returns during the shopping festival. 12:09 Many participating merchants suffered losses during the festival. 13:06 Major e-commerce platforms declared growth but did not disclose specific figures. 14:04 📉 The total sales during the Double 11 shopping festival in China this year were significantly lower than previous years, indicating a decline in consumer spending. 15:00 Sales volume of parcels this year was 639 million, down from 696 million in 2021 and 675 million in 2020. 15:00 Chinese media sources reported that the total sales across all platforms during the festival amounted to 77 billion yuan, far less than Taobao's 500 billion yuan turnover last year. 15:53 Turnover on e-commerce platforms this year dropped by over 70% compared to last year. 16:21 Consumers are no longer easily fooled by price tactics and are resisting price hikes. 16:38 There is a growing anti-consumerism trend and a lack of disposable income among consumers. 16:54 The Double 11 shopping festival has lost its purpose and people are wise to the tricks. 17:04 There is a call to stop deceiving consumers and drop the act of the festival. 17:13
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  47. 📦 Chinese companies are using deceptive transshipment practices to evade US tariffs. 00:06 Chinese exporters process their goods in China and then ship them to a country with lower tariff rates to avoid tariffs. European and American customers are primarily concerned with whether factories are located inside or outside China. Chairman Mike Gallaher requested a thorough investigation into the trade fraud practices of Chinese companies trying to evade US tariffs. 🌍 Chinese solar panel suppliers are avoiding anti-dumping tariffs by processing their products in Southeast Asian countries before shipping them to the US. 03:47 Major Chinese solar panel suppliers, including BYD Artis Solar, Trina Solar, and Venus Solar, have been found to be avoiding existing anti-dumping tariffs by processing their products in Cambodia, Malaysia, Thailand, or Vietnam. New East Solar will face tariffs as the company refused to cooperate with an on-site audit of its operations in Cambodia. US solar panel exports in the first quarter of 2023 increased significantly, with Vietnam accounting for the largest share followed by Thailand, Malaysia, and Cambodia. 💡 Numerical models can effectively predict potential business fraud among Chinese companies, suggesting the need for enhanced transparency in the international supply chain. 08:00 The top 20% of companies with the highest risk scores comprise 71% of firms with actual violations discovered by the Chinese government in 2013. The combination of sensory devices and blockchain technology can create a reliable digital transaction record at every step of the supply chain. Obtaining accurate and timely information on physical supply chain transactions is challenging, especially in the case of Chinese enterprises under Communist Party rule where fraudulent activities are widespread.
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  48. Exactly. Let the authoritarian, totalitarian communist elite try to steal the rest of the RoC in Taiwan 🇹🇼
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  49. 💰 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.
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  50. 🔴 Walt Meisterautomobile Technology Group, a once-sensation in the automotive world, is on the brink of bankruptcy due to issues with their new energy vehicles' official systems. 00:06 Numerous owners reported malfunctions with the car's official systems and backend services. The collapse of EV companies poses a challenge for car owners as their vehicles may not function at all. China's new energy vehicle industry is declining and coming to an end. 🔥 Weltmeister, an automobile company, is facing financial difficulties, unpaid salary issues, and criticism over vehicle quality, with reports of cars catching fire in various locations. 03:40 Weltmeister employees protested unpaid wages at their factory in February. Multiple instances of Weltmeister cars catching fire have been reported, raising safety concerns. Videos captured incidents of Weltmeister cars emitting smoke and bursting into flames. 🚗 Many car dealers in China have collapsed, leaving car owners struggling to find representatives to address their concerns. 07:21 Over 40 car brands have officially exited the Chinese market in the last 5 years. Chinese government regulations mandate manufacturers to ensure a 10-year part supply after exiting the market, but enforcing this requirement remains challenging. Sales of other mainland automakers have also seen significant drops since October. 📉 Beijing Hyundai's Chongqing plant is being sold at a reduced price due to plummeting sales. 10:47 The Chongqing plant was first listed for sale on August 11th with a base price of 3.68 billion yen. The base price was later reduced by 1.1 billion yen to 2.58 billion yen. The reduced price is equivalent to a third of the total investment when the plant was built. 📉 Several Chinese automobile companies have declared bankruptcy due to financial issues and contract disputes. 14:44 Leton automobile, a high-end independently developed electric vehicle brand, declared bankruptcy after being involved in numerous civil cases. Foten Motor Company declared the bankruptcy of Borgard Group, a Chinese German concern. GAC Fiat Chrysler automobiles company applied for bankruptcy in Changsha, Hunan Province, and will exit the Chinese market.
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