Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "China Observer"
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🏟 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.
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😢 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.
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Private Companies in China Facing Bankruptcy and Closure Due to New Company Law Amendments and Economic Pressures: The Impact on Employees and the Economy
💼 Private companies in China facing bankruptcy and closure due to new company law amendments and economic pressures.
00:00
Private companies in China facing bankruptcy and closure
00:00
New company law requires actual payment of registered capital within 5 years
00:57
Over 40,000 companies in Shenzhen reducing their capital
01:22
China's economic future looks concerning with a continued downturn
01:43
Revised company law to take effect from July 1st, 2024
01:59
Modifications to the subscribed registration system for limited liability companies
02:07
Issues with original company law including indiscriminate subscription and overly high capital amounts
03:22
💼 Private companies in China face challenges due to new legislation and the prevalence of shell companies.
04:03
Many Chinese companies have unclear paid-in capital and may apply for reductions after new policy details are released.
04:03
China harbors over 4.5 million shell companies, with a 25% growth rate for those set up for money laundering purposes.
04:32
Shell companies are used for illegal activities such as money laundering and financial fraud.
05:21
New legislation aims to curb financial fraud through shell companies, impacting domestic and cross-border e-commerce.
06:19
Many e-commerce operators are concerned about the impact of the new laws on their business operations.
07:03
The new regulations also affect large cross-border e-commerce companies established overseas for growth.
07:33
📉 Private companies in China facing financial struggles due to loopholes in company law.
08:10
2013 revision of China's company law changed registration capital system, creating loopholes for businessmen.
08:10
Investigation revealed companies with high registered capital had no actual funds or offices.
09:01
New rule requiring actual capital contribution within 5 years triggered wave of capital reduction among companies.
10:16
Financial firms offering capital reduction services finding business opportunities.
10:29
Thousands of companies in Shenzhen have reduced their capital to avoid fines.
10:50
Drastic reduction in capital raises suspicions about initial falsification to appear financially robust.
11:37
Many small companies in China register with high capitals without actual funds.
11:52
💰 Struggling private companies face financial challenges, impacting employees and economy.
11:59
Struggling private companies with high registered capital face financial difficulties.
11:59
New company law in China requires timely payment of registered capital, impacting small businesses.
12:35
Impact of the new company law results in economic difficulties and potential closures.
13:30
Chinese economy faces deflation risk, leading to wage decreases and potential spending cutbacks.
14:20
Impact of economic challenges results in deserted streets and homelessness in industrial areas.
15:00
Workers forced onto the streets due to economic hardship, waiting for job opportunities.
15:25
Resident expresses struggle with unemployment and bleak future prospects.
15:32
💼 Private businesses in China are facing bankruptcy and struggle due to economic downturn and government policies.
15:54
Many businesses are struggling to survive after 20 years of operation.
15:54
Youth unemployment rates in China are soaring, with no relief in sight.
16:18
The revised company law provides a 5-year grace period for companies to meet their capital requirements.
16:48
The economic downturn is posing challenges for private enterprises.
16:54
The mandatory contribution requirement is adding barriers to entrepreneurship.
17:25
The government policies seem to be increasing the costs of entrepreneurship.
17:48
The situation may potentially drive young people out of the workforce.
18:03
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🏆 China is hosting the 19th Asian Games in Hangzhou, Zhejiang from September 23rd to October 8th, showcasing Chinese culture and sports enthusiasm.
00:00
The Asian Games is the first major international event hosted by China post the pandemic and the largest-scale competition in China in the last decade.
Hangzhou made extensive preparations, including the construction and renovation of venues and urban infrastructure projects.
Streets were decorated with vibrant colors, Asian Games flags, and banners to ensure the success of the event.
🥱 Many Chinese citizens showed indifference towards the Hangzhou 2022 Asian Games due to economic struggles and discontent with government expenditures.
02:50
Chinese citizens were not enthusiastic about hosting major events like the Asian Games.
Hangzhou residents expressed discontent with the government's massive expenditures on the games.
Over 200 billion yuan was spent on transport infrastructure and competition venues for the games.
💰 China's economy post-pandemic is facing challenges with reduced spending, increased savings, and unresolved risks in the real estate sector.
05:31
A desolate mall in Hangzhou's central area is struggling with business despite having a large number of residents nearby.
Yi Gang highlights China's economic challenges including reduced spending, early loan repayments, unresolved real estate risks, decreased infrastructure investment, and employment issues.
Guangzhou's temporary job market is flooded with thousands of job seekers.
🏢 The economic boost promised by the Asian Games in Hangzhou may not be significant, and the event may not solve the economic issues of the common people.
08:35
A restaurant owner in Hangzhou complained that despite the Asian Games, customer turnout had not increased.
Johnny Y.S. Lau believes that the Asian Games won't alter the struggling economic tone of mainland China.
Analysts suggest that China's significant investment in hosting international events may be focused on expanding political influence rather than sports.
🏆 The Chinese government aims to use the 2022 Asian Games to reshape its superpower image and suppress domestic dissent through nationalistic propaganda.
11:45
China hopes international events serve as a shot of confidence and a surge in nationalistic propaganda.
China undertook vast construction projects for the 2008 Beijing Olympics, but many venues have fallen into disrepair.
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💰 Shanghai's housing market has plummeted by 30%, causing financial distress and desperation among homeowners.
00:00
Shanghai's housing prices have dropped by 30%, causing financial distress for homeowners.
Despite new real estate policies, the housing market in Shanghai continues to decline.
Luxury housing market is particularly affected, with properties difficult to sell even at reduced prices.
🏠 The rental market in Shanghai is facing significant challenges, with a notable decrease in demand and an increase in vacant properties.
03:53
Rent prices have dropped, making it difficult for landlords to rent out their properties.
There has been a clear divide in the rental market, with a decrease in high-end rentals and an increase in vacant properties.
Long-term rental apartments are struggling, with companies seeking to terminate contracts with landlords due to the increase in vacant properties.
📉 Shanghai's rental market and financial sector are facing significant challenges, leading to a liquidity crunch.
06:54
Shanghai's rental market and real estate sector are experiencing difficulties due to tenants returning home for the Chinese New Year.
The financial sector in Shanghai, including non-bank institutions, is facing a severe liquidity crunch, with minimal growth and cash reserves.
Local debt restructuring projects are draining funds, contributing to the liquidity crisis in Shanghai's financial market.
📉 Shanghai's tax revenue and office building market are facing challenges, leading to economic decline.
10:22
Shanghai's tax revenue only increased by 2.8% in the first three quarters, significantly trailing the national growth rate of 11.9%.
Shanghai's office building market shows a predicted annual vacancy rate of 21.6%, with over 20% of office buildings vacant.
Several foreign financial institutions have closed their offices in Shanghai, leading to a high vacancy rate and economic challenges.
💼 The video discusses the high vacancy rates and challenges faced by a mall in a difficult economic environment.
14:01
High vacancy rates in various floors of the mall
Challenges due to the pandemic, educational reforms, and global economic factors
Prediction of prioritizing financial resources for sustaining local businesses
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💥 A series of construction disasters, known as tofu drag projects, have been occurring in China, resulting in deaths and injuries.
00:13
On September 13th, a crane collapse happened during the elevation process at the Jinen Ren Expressway Bridge Project, causing six deaths and five injuries.
Multiple layers of subcontracting and cost reduction in construction projects are believed to be the cause of these disasters.
In July 2023, a 32-story building in Shinau Hunan experienced a massive exterior wall collapse, injuring pedestrians and damaging vehicles.
💔 The collapse of a school gymnasium roof in China resulted in 11 deaths, sparking outrage among citizens and criticism of the government's response.
02:45
Local government's inadequate response ignited widespread outrage.
Construction company's negligence in storing expanded perite on the roof led to the collapse.
Parents expressed dissatisfaction with authorities and hospital for lack of communication.
🏢 China witnessed a significant land erosion incident in a residential community, causing buildings to lean and collapse.
05:41
Land erosion incident in China's Phoenix court community caused buildings to lean and collapse.
Authorities attributed the ground subsidence to a sudden geological disaster possibly related to shallow soil erosion.
The daily economic news removed all reports related to the incident at the Country Garden property.
⚠ Country Gardens construction site in China is compromising construction quality and safety standards by working in heavy rain and rushing to meet deadlines.
08:11
Construction in China is often rushed to meet deadlines and cut expenses, leading to compromised safety and quality.
Country Gardens construction site disregards construction norms and works in heavy rain, compromising concrete strength.
In 2008, the Sichuan earthquake revealed the dangers of rushed construction as many buildings, including schools, were damaged or collapsed.
🏢 China's hasty construction projects and infrastructure loans raise safety concerns and magnify earthquake damage.
10:22
Nearly 70,000 victims were reported, with 20,000 students perishing in collapsed school buildings.
China's hasty construction projects cannot withstand earthquakes, making their structures inherently flawed.
China's infrastructure loans amounted to the sum of all other government loans combined.
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⚠ The spread of a new respiratory infectious disease in China is causing concern, with a significant impact on ch il d ren and schools.
00:15
Outbreak of pediatric pneumonia in Warren County, Washington DC.
China's abandonment of zero covid policy leading to a surge in respiratory infectious diseases, particularly affecting chil dren and schools.
Suspension of classes in kindergartens and schools due to severe respiratory disease season, with a significant increase in pediatric visits to hospitals.
⚠ China is implementing strict measures to control the spread of Covid-19 and other epidemic diseases, including rapid screening for foreign passengers at Shanghai Pudong International Airport.
03:25
Foreign passengers required to undergo rapid Covid-19 screening at Shanghai Pudong International Airport.
Notice issued for comprehensive health services for respiratory diseases during winter and spring seasons.
Call to action for citizens to ensure a minimum of 10 days worth of grain supply in Yiu City, Zhejiang Province.
⚠ The video discusses the skepticism surrounding the Chinese government's handling of outbreaks, the surge in pediatric pneumonia cases in the US, and the accusation of hiding research on the origin of the coronavirus.
06:27
Chinese government's past practice of sealing outbreaks and delaying responses
Surge in pediatric pneumonia cases in the United States
Accusation of hiding research on the origin of the coronavirus
⚠ Neighbouring countries express concern over China's latest outbreak of respiratory diseases and take preventive measures.
09:17
Neighboring countries express concern and take preventive measures.
PCR certificates and health codes are making a comeback in China.
Event attendees in China are required to provide a negative PCR test result.
🚨 The health code system in China has become a tool for surveillance and control, impacting personal freedoms.
12:29
The health code collects personal information and is shared with the Chinese police.
It determines access to buildings and public places based on colour coding.
Local officials enforce the health code, granting them significant authority.
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📉 The Chinese economy is on the brink of collapse with a sharp decline in foreign trade and foreign direct investment.
00:32
Total trade imports and exports in July fell by 13.6% year-on-year, with exports to the US dropping by 21%.
China's exports in July saw a sharp year-on-year decrease of 14.5%, with Mexico overtaking the US as China's top trading partner.
Foreign direct investment in mainland China has completely ceased, with a year-on-year decrease of 87% in actual use of foreign capital.
📉 China's local government debt and over-issuance of currency pose significant financial risks to the economy.
06:25
Firms like Anli Material Tech and KingforeEnergy Group invested in Zhongrong Trust's financial products despite overdue payments.
Proportion of local debt and urban investment bonds to fiscal revenue reached an alarming 772% in some provinces.
China's total local government debt reached RMB 66 trillion by the end of 2022, a significant increase from RMB 40 trillion in 2019.
😔 The economic achievements under Xi Jinping's leadership have been overshadowed by aggressive policies, leading to tensions with the US, disruption in international trade, and economic hardships for the Chinese population.
13:03
Xi Jinping's policies of favoring state-owned enterprises over private ones and assertive diplomacy have intensified US-China tensions and transformed trade disputes into comprehensive confrontations.
The containment led by the US in areas of economy, technology, strategy, and geopolitics has severely disrupted the international trade environment, causing instability in the South China Sea and the Taiwan Strait.
The strict containment measures during the pandemic led to widespread economic hardship, business closures, skyrocketing unemployment, and a decline in living standards for the most vulnerable in society.
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⛈ Severe floods continue to devastate Beijing, Hebei, and the Northeast region, leaving villages and farmlands submerged.
00:13
Areas throughout Zhuozhou and Bazhou in Hebei province are still submerged.
A new deluge of rainfall began on August 21, causing further damage and flooding.
Laishui County in Baoding City suffered heavy rain, hail, and flash floods.
🌊 Heavy floods in Hebei, China caused by misjudged government schemes and inadequate relief efforts.
06:23
The floods in Hebei affected 5% of the population, causing loss of lives, collapsed houses, and economic damage.
Flood retention areas, initially not meant for housing or farming, were activated and suffered the most damage.
Victims faced inadequate relief efforts, including expired goods and even pesticides.
😔 Critics argue that the local government in Hebei, China, is not adequately compensating flood victims for property damage.
13:19
Numerous flood victims complain about the local government's stringent property damage rating assessments.
Government evaluators exclude many damaged items from compensation calculations.
The support offered to flood victims in Hebei falls short of the standard set in 2000.
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❄ China experiences extreme cold waves and record-breaking low temperatures during winter.
00:30
China hit by an extremely severe cold wave with temperatures plunging to record-breaking lows.
Footage shows a residential area in Northeast China covered in ice and snow, creating a fairyland-like scene.
Unique phenomenon of hot water turning into a cloud and drifting away in extremely cold weather observed.
❄ The video shows the extreme cold weather conditions in the Taklamakan Desert and Inner Mongolia, with temperatures dropping as low as -49°C.
04:24
The Taklamakan Desert is the largest desert in China and the world's second largest shifting sand desert.
Inner Mongolia experienced extremely low temperatures, with the lowest recorded at -49°C in Yakeshi City.
The cold weather led to severe air pollution and challenging living conditions, but life continued as usual with no work stoppage or school closures.
❄ Severe cold wave in China causes disruptions to high-speed trains and power supplies, leading to malfunctions and power outages.
08:49
Severe snow storms affected multiple transmission and distribution lines, impacting 28 cities and 45 districts and counties.
High-voltage transmission lines malfunctioned due to ice damage, leading to power outages in several regions.
The weight of the ice on power lines caused the collapse of power towers, with repairs still underway.
❄ Severe winter weather causes chaos and record-breaking lows in China.
12:23
Female student forced to crawl back to dorm in snow-covered steps.
Primary school path covered in thick ice causing frequent falls among students.
Historical low temperatures recorded across 23 provincial capital cities.
🌨 A strong cold front is causing a significant drop in temperatures, leading to snow and ice disasters, and impacting social welfare and food prices in some regions.
16:29
Central and Eastern parts of the country are expected to be affected by a strong cold front
Residents in Beijing have reported a sharp increase in vegetable prices due to the snow
Centralized heating systems in various regions have come under criticism for disruptions and malfunctions
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