Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "China Observer"
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😔 The real estate market in China is experiencing a significant decline, causing financial difficulties for homeowners.
00:36
A young man is unable to sell his condo suite at a price that covers his remaining loan balance and down payment.
00:36
Housing prices in second and third tier cities, like Shanghai and Beijing, have dropped by up to 50-65%.
01:32
A friend of the videographer bought a condo unit in Beijing for 2.1 million yuan, but can only sell it for 800,000 yuan, resulting in additional debt.
02:57
The videographer also experienced a significant loss in property value for his property in the outskirts of Beijing.
03:37
The real estate market in Beijing is entering a downward trend, with a high number of pre-owned properties listed for sale.
04:04
Homeowners in China Struggle to Sell Houses as Resale Market Plummets by 65%, Prompting Government Intervention
🏢 The Chinese real estate market is experiencing significant price declines, but official data contradicts claims of drastic drops.
05:06
Many claim property prices have dropped by 20-50%, but official data shows a decline in new and resale housing prices.
05:06
Pre-owned residential properties in first-tier cities decreased by 0.4% YoY, while second and third-tier cities saw larger decreases.
05:42
Shanghai had the highest month-on-month decline in pre-owned residential prices at 1.2%.
06:04
The CCP's official data is often manipulated and beautified, leading to doubts about its accuracy.
07:16
The Chinese authorities use propaganda and censorship to control the narrative around the real estate market.
09:03
🏢 Real estate agents in Shenzhen are facing a challenging survival situation due to low transaction volumes and reduced income.
09:43
In the first half of this year, Shenzhen agents sold a total of 20,000 resale homes, with an average monthly transaction volume of 0.09 homes per agent.
09:43
The newcomer rate in the Shenzhen intermediary industry was approximately 21.6% in the first half of this year, compared to 49.3% in the booming market of 2020.
10:28
The volume of second-hand housing transactions in Shenzhen has been declining since 2020, with only around 21,000 units sold in the first half of this year.
11:33
There have been cases of homeowners giving away properties in Shenzhen, possibly due to potential mortgage defaults.
11:52
Factors affecting home buyers' entry into the market include lack of confidence in economic recovery, employment pressure, declining income expectations, and weak property price expectations.
12:46
📉 The Chinese real estate market is experiencing a decline in transaction prices, sluggish volume, and a rise in unsold properties, leading to concerns of oversupply and potential defaults.
13:34
The average transaction price of pre-owned properties in Shenzhen has decreased by 7% year-on-year.
13:34
The overall stock of unsold residential properties in China has exceeded 650 million square meters.
14:02
68 out of 100 cities in China have an inventory digestion period of more than 14 months, indicating challenging sales conditions for housing in nearly 70% of the cities.
14:24
The number of newly listed pre-owned homes in Beijing has reached a multi-year high, leading to a stagnation between buyers and sellers.
14:46
The market is increasingly convinced that the second wave of defaults by Chinese real estate companies is imminent, which could further damage economic confidence.
15:38
🏢 The Chinese real estate market is facing challenges due to factors like unemployment, declining income, and lack of confidence, prompting intervention from the government.
18:17
The People's Bank of China and the China Banking and Insurance Regulatory Commission have extended the deadline for financial institutions to support the real estate market.
18:17
The policy extension allows real estate companies to extend debt repayment and exempts relevant institutions and personnel from responsibility for non-performing loans.
18:29
The government is willing to sacrifice bank interests to save the real estate market and financially support local governments.
19:11
Over 70% of China's housing prices consist of land costs and government fees, which contribute to local government revenue.
19:25
The real estate sector has a significant impact on 40+ upstream and downstream industries, affecting government fiscal revenues.
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😢 Taiwanese businesses are withdrawing from Kunshan, causing worry among the local population.
00:00
Kunshan was known as 'Little Taipei' due to its high concentration of Taiwanese investment.
Kunshan has been the strongest economic powerhouse at the county level in China, known as a 'world factory'.
Taiwanese investments have contributed significantly to Kunshan's prosperity, but now there is a surge in Taiwanese businesses pulling out.
📉 Suzhou's economy is severely impacted by the withdrawal of Taiwanese businesses, leading to a significant decrease in GDP growth.
04:17
Suzhou's GDP increased by only 1.9% year-on-year in the first quarter, with the secondary industry shrinking by 0.7%.
The value added of industries above designated size in Suzhou city decreased by 2.7% year-on-year.
Suzhou fell from the sixth place to the seventh in the national GDP rankings for the first quarter, with the second-lowest year-on-year growth rate among the top ten cities.
😔 The economic downturn in China has led to joblessness and homelessness, particularly among young individuals in Kunshan.
07:37
Many young individuals are forced to sleep in the park due to lack of affordable accommodation.
Taiwanese businesses pulling out of Kunshan has contributed to the job crisis.
Kunshan's high GDP is powered by numerous foreign enterprises, including Taiwanese companies.
📉 Due to a decline in factory shipments and challenging business environment in mainland China, there are no job opportunities available currently, and Taiwanese factories are diverting orders to Vietnam and India.
10:39
No jobs available due to decline in factory shipments and performance.
Shipment volumes in Q1 2023 decreased by at least a third compared to last year.
Taiwanese factories are diverting orders to Vietnam and India due to geopolitical tensions.
😔 Li Mengju's experience of being labeled a spy and forced to confess highlights the lack of freedom and personal safety in China.
14:49
Li Mengju would not consider going to China again unless there were significant changes.
Li Mengju's life and work were interrupted for four years after taking unauthorized military pictures.
Li Mengju was unjustly labeled as a 'Taiwanese spy' and forced to make a critical video confession.
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Timestamps for (Title): Xi Jinping's Missteps: Escalating Tensions, External Aggression, Economic Turmoil, and Impending Collapse Threaten Societal Order
🇹🇼 Tensions rise as China intensifies plans for invasion of Taiwan.
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PLA carries out military drills near Taiwan, hinting at reunification with mainland China.
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Taiwan's Foreign Minister responds to CCP's threats, emphasizing citizens' right to decide their own future.
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CCP leadership has long aspired to 'liberate' Taiwan, with Xi Jinping prioritizing it on the agenda.
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Xi's assertive policies favoring state-owned enterprises pose challenges to consistent economic growth.
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Amid domestic challenges, Xi adopts a 'wartime regime' approach, stirring tensions in the Taiwan Strait.
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Xi's emphasis on a 'domestic economic cycle' indicates a shift away from foreign investment and markets.
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China's war economy aims to prevent implosion and defeat, with Taiwan being a coveted region.
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🇹🇼 Taiwan's economy, trade, and strategic importance in East Asia.
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Taiwan has a population of 23 million and a GDP of 761 billion US dollars.
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Taiwan's foreign exchange reserves amount to approximately 567 billion US dollars.
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Taiwan's electronics industry, including TSMC, plays a pivotal role in the global economy.
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Mainland China is Taiwan's largest trade partner, with over 40 percent of Taiwan's total exports going to China.
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Taiwan has a distinct developmental trajectory from Mainland China and has open social freedoms and well-preserved traditional culture.
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Taiwan's geographical location in the Western Pacific holds strategic importance for the international community, particularly the United States.
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Controlling Taiwan provides leverage over the maritime routes of Japan and Korea and could help breach the first island chain.
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🌍 China and Russia's alliance is tenuous, while the US takes actions to limit Chinese influence and strengthen alliances in the face of threats.
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China does not object to Ukraine reclaiming Crimea, but differences persist with Russia.
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China and Russia have a history of mutual distrust and territorial disputes.
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US restricts investment in Chinese industries and strengthens alliances with Japan and South Korea.
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US ban on investment in Chinese industries may impact China's investment climate.
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US-Japan-South Korea summit aims to counter threats from China and North Korea.
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US political spectrum leans towards containment and confrontation with China.
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Regardless of the 2024 election outcome, US policy towards China is unlikely to change significantly.
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💡 Analysis of the CCP, Taiwan's political landscape, and China's dependence on resources and technology.
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The Chinese Communist Party (CCP) should be distinguished from the Chinese people, and opposition to the CCP does not mean opposing China as a nation.
11:41
Taiwan's upcoming presidential election in 2024 sees the emergence of a third-party force represented by the People's Party.
11:57
Former Taipei Mayor Ko Wen-je emphasizes the importance of Taiwan's role in ushering China into the global community of civilized nations.
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It is irrational to view all 1.4 billion Chinese people as adversaries, and having more friends than enemies is a strategic principle.
12:48
The purported alliance between China and Russia may not be as solid as presented, while the international community led by the U.S. imposes comprehensive sanctions on China.
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China's reliance on imported grains and energy, as well as its dependence on high-end technologies controlled by Western companies, pose concerns.
13:57
History shows dictators using wars to fuel nationalist sentiments and consolidate power, as seen in Deng Xiaoping's campaign against Vietnam.
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🇨🇳 Xi Jinping faces pushback from the international community and within the CCP, with key military targets and personnel at risk.
15:32
Deng strategically chose to engage in a limited conflict with northern Vietnam to strengthen his position within the party and foster goodwill with the United States.
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Xi Jinping faces multidimensional pushback from the US and rising public discontent domestically.
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Opposition to Xi Jinping is believed to stem from within the Chinese military.
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The China Aerospace Studies Institute revealed detailed data on the PLA's Rocket Force, suggesting key military targets and personnel are within the US military's reach.
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Xi Jinping elevated Wang Hou Bin to Commander of the Rocket Force and Xu Xi Sheng to Political Commissar of the Rocket Force.
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Former Rocket Force Commander Li Yu Chao was taken away, possibly due to leaks from his son in the US.
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The Chinese Communist Party implemented an 'Anti-Espionage Law' to strengthen the 'hidden front'.
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Massive Blizzard in Northeast China: Houses Crumble and Locals Brave Snow to Unearth Buried Cars
❄ A winter blizzard hits northeastern China, causing heavy snowfall and disruptions in transportation.
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The snow has entered houses and company computers due to open windows during the blizzard.
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The snow has blocked doors and roads, making it difficult to leave the house or go to school.
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The blizzard is the widest and most intense snowfall of the winter, leading to cancellations of trains, flights, and school closures.
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People are stranded at train stations and airports, unable to continue their journeys.
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Locals in affected areas are digging out their cars from the snow, sometimes mistaking the wrong vehicle.
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The meteorological station issued warnings for cold wave, blizzard, strong wind, and convective weather.
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Continuous snowfall is expected in certain regions with new snow depths ranging from 2 to 10 cm.
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❄ A severe blizzard hits northeastern China, causing transportation disruptions and structural collapses.
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Blizzard in northeastern China potentially breaking historical records.
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Closure of schools, kindergartens, and training centers in affected areas.
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Gymnasium collapses in halong Jang, trapping and injuring several people.
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Rescue operation at the collapse site completed with three confirmed deaths.
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Explosion at a gymnasium in Uyghur, causing further destruction.
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Student recalls the collapse incident and the rescue efforts.
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One person rescued after the collapse.
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🏢 A gymnasium in Northeast Asia collapsed due to heavy snowfall, trapping people inside and causing severe injuries.
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Witnesses reported hearing a loud noise and seeing the roof of the gymnasium collapse.
09:51
Rescue efforts were underway, with people being rescued from the collapsed building.
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Officials suggested that the roof collapse was due to the heavy snowfall.
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Some residents and netizens questioned the explanation, pointing out that nearby greenhouses remained intact.
11:32
Netizens expressed anger and called for a strict investigation into the construction and regulatory departments.
12:21
💔 The collapse of a sports club in Halon J, China, is believed to be related to heavy snow and poor management, highlighting potential corruption and lack of enforcement of laws.
12:52
The collapsed uron Sports Club was a single-story structure in the western part of yur Chung Square.
12:52
The construction company involved was halong Jangang Building Installation Engineering Company Limited.
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The club passed inspection in July 2020 but collapsed under heavy snow.
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The urong plaza where the gymnasium is located had undergone multiple safety inspections but couldn't prevent the incident.
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The developer of the venue, halong J Province Yong Real Estate Development, was deregistered in 2022.
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The company's legal representative, Wly Chen, was involved in construction contract disputes and had a hidden identity as a retired official.
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The case highlights potential collusion between government officials and businessmen, making it difficult for ordinary citizens to achieve justice.
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💔 Corrupt construction projects in China pose a constant threat to public safety and have resulted in various incidents, including the collapse of buildings and power outages.
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The winning bidder for the gymnasium in Halong Jang was a construction company with a history of winning school construction projects.
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The deregistered Halon J Province yurong real estate development company had won bids for multiple municipal and affordable housing projects.
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The blizzard on November 7th exposed the poor construction of various projects in Halong Jang, including a collapsed funeral home and cracked student dormitory walls.
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The blizzard also caused power outages in many areas of Northeast China, affecting numerous substations.
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The actual number of people affected by the power outage is unknown due to incomplete and inaccurate data.
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The corrupt construction projects not only fail to protect lives and properties during extreme weather conditions but also create more problems.
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⛈ Chongqing, located in the Three Gorges reservoir area, has been hit by heavy rainfall causing floods, landslides, and mudslides, resulting in severe damage to local houses.
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Wanzhou District in Chongqing has been hit the hardest by the heavy rainfall.
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The Three Gorges Dam has not fulfilled its role in disaster mitigation and has exacerbated the impact of the heavy rainfall.
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Wanzhou District upgraded its flood prevention response to Level II emergency.
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Over 2,600 residents were evacuated in Wanzhou District.
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The flooding in Wanzhou District is considered a man-made catastrophe linked to the Three Gorges Dam.
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The $28.3 Billion USD Three Gorges Dam Fails, Unveiling 7400 Hidden Disaster Risks: Heavy Rainfall Triggers Catastrophic Flooding and Landslides in Chongqing
⚠ The construction of the Three Gorges Dam has caused significant changes in the natural conditions of the area, resulting in increased likelihood of natural disasters like landslides occurring.
03:33
The impoundment of the Three Gorges Dam has altered the stability of the reservoir banks, increasing the risk of landslides.
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Urban development and real estate expansion have narrowed river channels, leading to immediate flooding during heavy rainfall.
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Since the impoundment of the Three Gorges Dam, there have been numerous geohazards along the Yangtze River and its tributaries.
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In the first 11 months after impoundment, there were nearly double the number of collapses and landslides compared to the previous year.
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The Qianjiangping Village landslide, which occurred shortly after impoundment, resulted in 15 fatalities and significant destruction.
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🌊 The filling and discharge of the Three Gorges Reservoir leads to increased geological hazards and landslides.
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The material at the front edge of the landslide was eroded by reservoir water, causing a decrease in strength.
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The filling of the reservoir from September to November and discharge from February to May increases the occurrence of geological hazards.
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In 2008, over 100 newly occurring geological hazards were recorded when the reservoir attempted to reach a water level of 175 meters.
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Reaching the 175-meter water level would improve navigation conditions upstream but introduce significant fluctuations in the Yangtze River's water level.
08:53
Over 5,000 geological hazard sites have been identified in the Three Gorges reservoir area.
09:46
🚧 The Three Gorges project in Chongqing section faces increasing danger potential collapse and landslide points, despite concerns raised in the past.
10:40
Before the construction of the Three Gorges Project, experts did not raise the issue of geological hazards in the reservoir area.
10:40
Opponents of the project warned about complex geological conditions and potential landslides in the reservoir area.
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Dissenting voices were suppressed, and a book highlighting concerns about the project was censored and removed.
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Jiang Zemin violated the commitment not to discuss the project within five years and expressed support for its construction.
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Technical leader Pan Jiazheng presented a feasibility study report on the project to the State Council in 1990.
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🌊 The Three Gorges project in China experienced numerous collapses and landslides, but officials downplayed the risks to push for its construction.
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Approximately 140 large and medium-sized collapses and landslides occurred, with 14 being in poor stability conditions.
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Vice Premier Zou Jiahua stated that the reservoir banks had good stability and no significant leakage or erosion issues.
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The Three Gorges area is prone to frequent geological disasters due to complex geological conditions and heavy rainfall.
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The feasibility study leadership group and technical personnel deceived the public to expedite the project.
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Professor Liu Guangrun played a key role in studying the geological and seismic issues of the reservoir area.
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🌊 The stability of the Three Gorges reservoir banks is deteriorating, leading to frequent landslides and collapses.
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Reservoir filling and elevation change led to a change in evaluation of the stability of the reservoir banks.
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2,490 landslides and collapses were reported in the Three Gorges reservoir area, with 581 needing attention at a water level of 135 meters.
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The deterioration of the reservoir banks is a major factor in frequent geological hazards.
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The cyclic rise and fall of the reservoir water level causes damage to the rock masses and soil in the drawdown zone.
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Immediate engineering measures are suggested to reinforce the deteriorated rock masses, with estimated costs ranging from 5 to 10 million yuan per 100 meters.
19:29
😕 The Three Gorges Follow-up Work Plan for effective management of geological disasters related to the Three Gorges project has received a staggering investment of 123.8 billion yuan, with the collection of funds extended multiple times.
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The State Council approved the Three Gorges Follow-up Work Plan in May 2011.
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The total investment in the plan amounted to 123.8 billion yuan.
20:39
The collection of the fund was extended until 2025 based on a suggestion.
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In 2023, another extension of the fund collection was proposed.
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Experts and academicians may have withheld the truth about landslides and collapses in the reservoir area to ensure the implementation of the project.
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Brill, video absolutely brilliant. Fantastic information. Thank you very much. Below are the timestamps you wanted:
🐷 Farmers in China are using hair dye and paint to transform white pigs into black ones for higher prices.
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Black pork is significantly pricier than white pork in China.
Some vendors are brushing paint onto pork to make it appear as premium marbled pork.
Unscrupulous sellers are using unidentified black liquid to make tofu appear fermented.
! China's knock-off culture extends to military equipment, electric vehicles, and iconic Western franchises like KFC.
07:52
China's first self-developed aircraft carrier, the Shandong, is based on a Russian design.
Chinese electric vehicles have poor quality and frequent accidents, with 8 catching fire daily.
China has numerous knock-off versions of KFC, including 'Bombing Ji' and 'Obama Fried Chicken'.
! Counterfeit products in China with humorous names and branding combinations.
11:37
Procter & Gamble's shampoo products Pantene and Rejoice have been combined into a single 'Pan-Piao' shampoo.
Counterfeit brands in China include 'Content Cola', 'Pineapple Phone', 'Adi Gou Si', and 'Dasabi'.
Counterfeit versions of popular products like Red Bull and walnut milk drinks also exist.
📉 Dali Foods, once a dominant player, is facing declining revenues and potential delisting from the Hong Kong stock market.
15:46
Dali Foods has failed to resonate with the market despite launching new products.
Dali Foods' revenues have been on a steady decline, with almost no growth in the past four years.
Rumors have been circulating about Dali Foods' potential delisting from the Hong Kong stock market.
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🏘 The housing market in Beijing's surrounding areas, like Yanel, is experiencing a dramatic plunge in prices as Beijing's property prices drop.
00:21
Housing prices in Yanel have dropped by more than 40%, with a villa's asking price going from 3.5 million to 1.5 million.
In 2016, the price per square meter in Yanel reached a high of 41,000 yuan but has now dropped to 13,000 yuan.
🏢 The property market in Beijing is experiencing a significant downturn, with a high number of newly listed secondhand homes and a decrease in transaction volumes.
03:51
The number of newly listed secondhand homes in Beijing reached a historic peak of 170,000.
Many homeowners in Beijing are lowering their asking prices in desperation to sell.
The transaction volume of new residential homes in October decreased by 12% compared to the previous month.
😔 Shanghai's property market is in decline, with a surplus of unsold secondhand homes and decreasing demand causing prices to slide.
06:24
Shanghai's property market is experiencing a population decline and an exodus of young people and middle-class families.
The supply of secondhand homes in Shanghai has reached record levels, but the demand for purchases has diminished.
Sellers in Shanghai's secondhand market are struggling to close sales, with price reductions adding to their pain.
🏠 Insufficient income and high housing prices in China have led to families exhausting their finances to scrape together a downpayment.
09:23
Chinese authorities have introduced various rescue measures to address the housing market situation.
Policies like acknowledging property ownership but not the mortgage aim to stimulate house sales.
The economic situation in China is dire with a decline in exports, rising unemployment rates, financial trust defaults, a fall in the R&B exchange rate, and a sharp drop in the birth rate.
! The real estate market in China is facing challenges due to oversupply and decreasing purchasing power, which may lead to social instability.
12:03
The listing volume for secondhand homes is increasing, indicating a saturated market.
Unfinished buildings and financial turmoil in real estate companies are expected to worsen due to the inability to sell new properties.
The decline in purchasing power among Chinese citizens may lead to a contraction in national purchasing power.
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📉 The Chinese government may have manipulated economic data, with actual GDP growth being significantly lower than official figures. China's GDP is likely similar to Japan's ~and Germany's.
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China's announced GDP grew at a rate of 3% in 2022 despite lockdowns in Chinese cities.
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Satellite images show that economic growth in authoritarian countries is often inflated, with China's official data significantly higher than actual growth.
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China's actual economic growth from 1992 to 2021 was only 2%-6%, compared to the 8%-14% announced by the National Bureau of Statistics.
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Some studies suggest that China's actual GDP in 2021 may be only 40% of the official figures.
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China's GDP Growth Exaggerated by the CCP, Actual Economic Expansion Only 60% of Reported Figures, Raises Concerns About Consumption and Exports Decline, Tariff Reductions Indicate Imports Drop, Widespread Data Falsification in Local Regions, Crackdown on Fabricated Statistics due to Personal Benefits and Promotion, Raises Doubts About Accuracy of GDP Data and Severity of Debt-Driven Real Estate Bubble, China's Housing Market Bubble Poses Risks to Economy and Global Situation.
📉 China's economic data raises doubts about its accuracy and suggests a decline in consumption and exports.
03:18
China's GDP in 2022 is estimated to be 7.3 trillion US dollars, significantly lower than the US GDP of 25.44 trillion US dollars.
03:18
China's government may manipulate economic data to present a more positive picture.
04:00
Actual payment system data shows a decline of at least 5% in China's consumption in 2022, contradicting the reported 0.2% decrease by the National Bureau of Statistics.
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Customs data indicating a 6.8% decline in China's exports may not accurately reflect the actual situation, as export-oriented regions experienced stagnation.
05:33
Data on tariff reductions released by the Ministry of Finance suggests that China's export decline may be more severe than reported.
06:05
📉 China's tariffs have decreased by 27%, indicating a corresponding decrease in imports.
06:39
Exports and imports are interconnected, making it unlikely for exports to decline by 6.8% while imports plummet by 27%.
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Data falsification is widespread across different regions of China, even in economically developed areas like Jiangsu Province.
07:17
Local governments demand enterprises to report a main business revenue exceeding 20 million RMB to be classified as 'above-scale industrial enterprises' in GDP statistics.
08:08
Local governments in China coerce enterprises to falsify data to showcase economic growth and qualify for subsidies.
08:45
The Chinese government cracks down on data falsification due to fraudulent government subsidy practices.
09:16
📊 Local officials and companies in China fabricate data to gain personal benefits and promotion, leading to strict crackdowns on data falsification.
09:29
Officials and companies in China fabricate data to showcase governance abilities and obtain subsidies and loans.
09:29
Collaboration between officials and businesses allows for data falsification and kickbacks.
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The Communist Party cracks down on data falsification due to financial losses.
10:17
Zhang Jinghua had his party membership and public office revoked for manipulating economic data.
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Zhang Jinghua's promotion based on falsified data led to economic problems in Zhenjiang and Nanjing.
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📊 Data falsification in China's economic statistics raises concerns about the accuracy of GDP data and the potential severity of the debt-driven real estate bubble.
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Decisions of the central government often do not receive full implementation at the local level, leading to instances of data falsification.
12:53
Conflicting instructions from superiors create confusion among officials regarding data accuracy.
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China's official GDP data deviates significantly from the actual economic situation due to different definitions of assets.
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Overestimated GDP data may indicate higher debt levels and a more severe real estate bubble than expected.
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China's debt-to-GDP ratio is projected to be 267%, indicating a high level of debt.
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🏢 China's real estate market bubble is growing rapidly, posing risks to the economy and global situation.
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China's housing market value is double the sum of the three European countries (UK, France, and Germany) combined.
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China's housing market value to GDP ratio is an astonishing 882%, much higher than any other country.
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China's economic data authenticity is a topic worth attention, as it can impact the country's debt level and real estate market.
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I wonder why the number of Chinese robotic food deliverers is increasing as Chinese need for employment increases. Most Chinese people are becoming poorer and have plenty of time to work, and wish to work as delivery workers, so why aren't they doing the work that these robotic vehicles are doing. 1:34 major mistake, they should sit in the driver's seat, just in case, because whilst Chinese women are known for being infamously bad drivers, they are still likely safer drivers than tofu self-driving automated cars 🚘
Timestamps below:
🚗 The video shows the rise of driverless delivery vehicles and the potential impact on job losses in the service industry.
00:09
Driverless delivery vehicles are becoming prevalent in economically developed areas of China.
The widespread adoption of autonomous technology could lead to job losses for many delivery drivers.
The maturity of AI in China is leading to increased investment in autonomous driving, drones, and robots.
🚴♂ The video highlights the challenges faced by food delivery riders in China, including the impact of AI and automation on job opportunities, high cost of living, and traffic conditions.
02:56
Rapid increase in unemployment rates in China due to the low barriers to entry in the delivery and ride-hailing sectors
Young people in China facing challenges with high cost of living, particularly in first and second tier cities
Food delivery riders facing immense pressure due to their earnings being directly linked to the number of deliveries they make
⚠ The video discusses the use of harmful additives in takeout food and the potential consequences for public health.
05:46
Some vendors rely heavily on additives instead of natural ingredients, leading to artificially enhanced flavors.
The delivery worker urges people to research the reasons behind decreasing takeout orders and highlights the potential risks of consuming food with synthetic additives.
There are significant issues with the supervision of the food delivery industry in China, with unscrupulous vendors using harmful chemical additives to cut costs and maximize profits.
🤖 The development of AI and unmanned technology is causing concern and panic among workers in various sectors.
08:59
The development of AI in China has triggered criticism from a professor at Pecking University, who questions the need for technology replacing human workers.
The professor also raises concerns about the CCP's reliance on purchasing finished products for core chip technology, rather than independent research and development.
📉 The video discusses the impact of unemployment on young people in China and the discrepancy in reported unemployment rates.
12:11
Many young people in China are struggling to find work despite their parents' support and investment in their education.
The Chinese Communist Party underreports the unemployment figures, with the actual rate believed to be much higher than reported.
Recent graduates are facing challenges in finding employment, with some being unemployed for a significant period of time.
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🏭 Foxconn factories in Zhengzhou and Shenzhen are experiencing a massive influx of young workers for the production of the iPhone 15, offering competitive wages but with dire living conditions.
00:04
Foxconn's Zhengzhou factory has started massive recruitment, with hiring expected to surge to 10,000 people by September for the iPhone 15 release.
00:04
Wage packages offered by Foxconn attract many applicants despite low hourly wages in China.
01:01
Shenzhen Longhua Foxconn has also begun large-scale hiring for the iPhone 15 launch.
01:34
Living conditions in the factories are dire, with cramped dorm rooms and concerns about fire safety.
02:06
The decline in Apple orders led to layoffs at Zhengzhou Foxconn, resulting in a deserted staff residential area and a decline in local commerce.
03:10
📱 Foxconn accelerates factory construction in India to meet Apple's demands and diversify manufacturing locations.
04:33
Foxconn's production capacity has shifted to countries like India and Vietnam, reducing the demand for labor.
04:33
Large-scale employee protests during the pandemic lockdown affected iPhone shipments in Q4 2020.
04:48
Apple's strategic focus on diversifying manufacturers' locations has led to India becoming its main destination.
05:21
Foxconn plans to expand its Apple factory in Tamil Nadu and build a new production facility in Karnataka.
05:51
India is expected to produce and assemble 25% of Apple products by 2025, decreasing the proportion made in China.
08:22
🍎 Apple opens direct retail stores in India, signaling a significant move to expand in the Indian market.
08:35
Apple's CEO, Tim Cook, believes in the opportunities in India and the country's unmatched vibrancy and young demographic.
08:35
Apple opened two retail stores in New Delhi and Mumbai within three days, which is extremely rare in Apple's history.
08:52
Apple plans to open more brick-and-mortar stores in India and authorized retail stores in cooperation with local partners.
09:28
India's semiconductor ecosystem faces challenges due to weak infrastructure, bureaucratic dysfunction, and lack of resources.
09:41
Apple is diversifying its industry chain by laying out in regions like Vietnam, Southeast Asia, and South America, leading to reduced recruitment in China.
11:12
Massive Crowds Flock to Foxconn's Factories in China as Apple Urges Production Line Transfer
📉 The Chinese economy is in deep trouble with a severe foreign trade situation and declining manufacturing jobs.
12:25
Many major factories in manufacturing hubs like Shenzhen and Dongguan have gone bankrupt, leaving many jobless people homeless.
12:25
Summer job wages have fallen to as low as 6 yuan per hour.
12:41
China's foreign trade imports and exports fell 4.7% year-on-year in the first half of the year.
13:51
Exports to major economies, including the United States, Japan, and the European Union, have declined significantly.
14:48
The Chinese economy is facing deep trouble and is unable to extricate itself.
16:00
🔴 The Chinese Communist Party's hegemonic expansion and unstable policies are causing tensions with the West and leading to a decoupling of major economies from China.
16:26
The CCP's wolf-warrior diplomacy and military provocations in the South China Sea are destabilizing the Asia-Pacific region.
16:26
China's dictatorship and arbitrary decision-making, such as the 'Zero-covid' policy, have caused economic chaos and supply chain disruptions.
17:28
The decoupling of major economies from China is essential to protect supply chains and mitigate risks.
18:27
China's legal system is unfriendly to foreign investors and the newly revised 'Anti-Espionage Law' restricts commercial activities for foreigners.
18:42
The CCP's irresponsible and unaccountable governance will lead to unstable policies and a downfall.
19:12
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O Holy Trinity, I beg that you protect these innocent lads and lassies from those who seek to harm them and those who have harmed them and continually do so. Amen.
😱 Disturbing incidents of child trafficking captured on surveillance footage in China.
00:09
Importance of vigilance and immediate parental intervention to prevent child abductions.
Children being targeted by traffickers when left unattended or parents are distracted.
Examples of children being lured away and handed over to accomplices.
🔍 Child trafficking in China has been a major issue, with the police prioritizing political stability over citizen safety.
05:04
The Chinese Communist Party's police force focuses more on maintaining political stability than safeguarding citizens.
The rise of the organ transplant industry in China has led to an increase in trafficking cases involving teenagers and college students.
Child trafficking cases in China increased during the 1980s due to the one child policy.
💔 A deeply traumatized man searches for his birth parents for 25 years, eventually finding them with the help of others.
08:26
Lee Chong was abandoned by his adoptive parents at 11 and became a runaway.
Lee Chong tirelessly searched for his birth parents while his parents searched for him.
After 25 years, Lee Chong finally found his biological parents with the help of others.
😢 The rampant trafficking of women and children in China is largely attributed to the passive or complicit stance of local governments.
12:29
Many women, including teenagers and those who had been previously married, are trafficked and forcibly married to older men.
Trafficked women who are submissive may lead a somewhat normal life, but those with strong personalities or desires to escape face confinement and abuse.
Local governments in China, including village committees, often turn a blind eye or even assist buyers in trafficking and laundering money.
🔍 Ba, a trafficked child, searches for her biological family while facing the dangers of exploitation and organ trafficking.
16:30
Ba's search for her biological family is supported by her husband's family.
Trafficked children face devastating fates, including forced labour and organ donation.
The mysterious disappearance of a student highlights the issue of missing teenagers and college students.
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