Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "China Observer"
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What's positive about this is that it proves that millions of Chinese people from the PRC are aware that the CPCommunist CCParty erroneously claims that other places are poorer than the PRC.............., when the truth is that our Western countries are much wealthier, much freer, much safer, much happier, much cleaner, much more beautiful, much more scenic, more economically booming and growing, more vibrant, more picturesque, more green, more lush, more idyllic, more pristine, more historic, majestically architectural, more cosmopolitan, more artistic, more eclectic, more inviting and more opulent places than the PRC.
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🤢 A video surfaced showing a worker urinating into a vat of ingredients at a beer factory in China, causing outrage among beer enthusiasts.
00:22
The video was taken at the Singa beer factory number three.
China has been associated with four modern inventions involving tainted beer, contaminated pickled vegetables, substandard vehicles, and unfinished property developments.
The incidents have been jokingly referred to as the 'four misfortunes of life' among Chinese youth.
🍺 The video discusses the potential for a Chinese beer company to capitalize on a controversial opportunity involving urine in their products.
03:44
A man in the electronics marketing industry believes that urinating in food products could be a unique opportunity for the beer company to become popular and successful.
The man suggests that if the company can turn this crisis into an opportunity, they can harness the wave of popularity, which is crucial for victory.
Not everyone in China supports this idea, as some see it as opportunistic, while others believe it is common for those who uncover problems to be dealt with.
🚗 WM Motors, once a leading electric vehicle company in China, has filed for bankruptcy review amidst reports of battery issues and financial difficulties.
07:22
WM Motors, along with Nio, Xong, and Bon, was considered one of the four small dragons of new automakers in China.
Reports of WM Vehicles spontaneously combusting due to battery issues and allegations of locking car batteries without owner's consent have surfaced.
WM Motors has filed for bankruptcy, owing back pay to employees and facing complaints from car owners.
💸 WM Motors, a Chinese electric vehicle company, filed for bankruptcy due to a lack of technical research and development, sluggish capital market, and challenges in securing funds.
10:44
WM Motors had only raised a total of 18.8 billion yen and 15 billion yen respectively, falling short of going public.
Rumors circulated that the chairman of WM Motors, Freeman Shun, had fled to the United States, leaving behind unpaid wages and inoperable vehicles.
During the bankruptcy reorganization process, WM Motors had a total of 3,952 employees.
😢 Many Chinese struggle to afford property due to low incomes, with buying a home representing a lifetime of earnings.
14:44
The late Chinese Premier Lee Kang noted that buying property in China often involves investments of millions of yen, which is a daunting sum for most people.
600 million Chinese earn a monthly income of around 1,000 yen ($137 USD), making it difficult to purchase a home worth about 1 million yen ($100,000 US).
EverGrand, a company with unfinished projects across China, has filed for bankruptcy protection in the United States, causing chaos.
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Absolutely Brilliant video on the Mainland Chinese real-estate market and the pressures on it, and how they influence the market and the overall Chinese economy as it relates to the property markets —Timestamps:
🏢 The Chinese property market is showing conflicting signs as the government reassures the public while rapidly divesting its real estate holdings.
00:08
The government emphasizes support for the housing market and real estate as a cornerstone of China's industry.
Multiple state-owned enterprises have been selling off properties, revealing the true state of the market.
Large-scale property sales have occurred in Beijing, Gan, and Guan, potentially indicating more to come.
🏢 The origins of state-owned properties being offloaded by state-owned Enterprises in places like Beijing's Chaoyang and Jinan are discussed, focusing on the concept of limited competitive housing in land auctions.
04:32
During 2015 to 2016, there was a surge in the national land market as housing prices soared and land prices followed suit.
Land regulation became stricter aiming to control land prices, leading to a shift in land auction dynamics.
Developers started bidding on aspects like self-retention and other conditions in addition to the price ceiling.
🏢 Local state-owned enterprises in Japan are selling properties at reduced prices to cut losses and recruit capital in a sluggish real estate market.
08:05
Prices of properties sold by local state-owned enterprises have been reduced by amounts ranging from 700,000 to 1.3 million yen, equivalent to selling at 80 to 90% of their original value.
There has been a sharp drop in revenue from land sales, with nationwide land sales revenue being 23.3% lower in 2022 compared to 2021, and a further 20.9% decline in the first half of 2023 compared to the same period in 2022.
The local debt crisis and decline in the property market have led local state-owned enterprises to deemphasize property-driven economic growth and consider selling properties to alleviate the burden of massive debts incurred due to past dependence on land finance.
⚠ Financial experts predict that the Chinese government will relax purchase restrictions and price control policies in response to the bursting of the real estate bubble.
11:50
State-owned enterprises are offloading properties, indicating imminent policy changes.
China's housing supply is enough to accommodate 3 billion people, suggesting an over-supply and uneven distribution.
Public outrage over excessive construction of houses and approval of numerous projects.
🏢 China is reconsidering price control measures in its housing market, which could have unpredictable consequences and pose enormous risks.
16:13
Discounts exceeding 15% on property prices might be acceptable if regulations change.
Implementing consistent pricing policies nationwide in China's region-specific real estate industry would be challenging.
First-tier cities like Beijing, Shanghai, Guangzhou, and the Yangtze River Delta region may be more resilient in an economic crisis.
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Life in China becomes increasingly difficult as the poor crowd Beijing Station at night amidst economic challenges and the looming threat of deflation.
📉 China's economic recovery is facing challenges with falling real estate market, growing debt risks, shrinking exports, high youth unemployment, and approaching deflation.
01:05
China's National Bureau of Statistics data shows that the Consumer Price Index (CPI) remained the same in June, halting its rise for the first time in two years and four months.
01:05
The core CPI, which reflects household purchasing power, rose by 0.4% year-on-year, the lowest increase since March 2021.
01:42
External warnings suggest that China's economic recovery is weak and a crisis of 'deflation' is imminent.
02:01
The Producer Price Index (PPI) for June was 5.4% lower than the same month last year, marking the ninth consecutive month of negative growth.
02:18
The 'double decline' phenomenon in both consumer and production ends indicates a decrease in market demand and purchasing power.
02:39
❌ Deflation in China may lead to a decline in consumer spending, layoffs, and a vicious cycle of reduced production and more layoffs.
02:57
Deflation may result in a decrease in consumer spending and impede economic growth.
02:57
Layoffs due to shrinking demand may trigger social issues.
03:13
A decline in prices leads to reduced income, decreased investment, production, and possible layoffs.
03:30
China may already be experiencing deflation, which could be worse than officially reported.
04:08
China's economic development relied on foreign investment and generating domestic demand is now difficult.
05:17
! The Chinese economy is experiencing deflation and the real estate market is weakening, leading to a negative perception of China and a significant economic collapse.
05:51
Deflation is more difficult to control and overcome than inflation.
05:51
The real estate market's recovery momentum remains weakened.
06:06
Chinese people are seeing their wealth shrink, affecting the consumer market.
06:19
China's real estate industry is unlikely to rebound.
06:37
The external perception of China has become more negative due to the pandemic and China's economic collapse is underestimated.
07:09
📉 The Chinese media has reduced promotion of Xi Jinping's 'common prosperity' campaign due to problems in the Chinese economy and the focus on boosting economic growth.
08:49
The current measures are focused on boosting economic growth, so adjustments need to be made.
08:49
The authorities are mentioning 'common prosperity' less because of problems in the Chinese economy.
08:49
Large-scale and well-funded enterprises may be impacted by the 'common prosperity' policy.
09:07
Foreign investments may not return to mainland China this year due to loss of confidence.
09:39
Xi Jinping's crackdown on internet giants and the education industry is seen as unfair.
10:15
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📉 The Chinese economy is in a state of depression, with factories being strangled to death and key industries nationwide suffering.
00:00
Retail spaces in Shanghai have shut down, and even during peak consumption season, business is worse than usual.
The period around October 1st, known as the 'Golden Week', used to be the busiest time for merchants and logistics, but now many flight routes have been suspended.
The Chinese economy is beyond recovery, with people running out of money and key industries suffering from depression.
💸 Evergrande's crisis and debt defaults by Chinese real estate giants raise global concerns.
02:20
Evergrande's debt is soaring up to 300 billion USD, causing instability in the markets.
Chinese real estate developer Country Garden is projected to incur losses of 45-55 billion yuan in the first half of this year and has accumulated a debt of 1.4 trillion yuan.
Global investment giants like BlackRock and Allianz Group hold significant investments in Country Garden's US bonds, posing risks if the company faces difficulties.
💥 The downturn in computer and smartphone sales in China is expected to have a significant impact on global chip manufacturers.
04:59
China's contraction in the consumer market will have global implications.
Semiconductor manufacturers predict further reductions in the production of NAND memory chips used in phones.
European companies face the risk of the shutdown of the Chinese market.
💼 The worsening situation of the Chinese economy is expected to impact the global economy, leading to a decline in demand.
07:38
Agilent Technologies' quarterly revenue decline is attributed to poor business performance in China.
The disappointing performance of the Chinese stock market and grim economic outlook will lead to a decline in demand.
China's decline in demand will impact European luxury goods market.
📉 China's fiscal and monetary policies are facing challenges and have limited effectiveness in stimulating economic growth.
10:19
China's government has limited policy solutions due to the ongoing debt crisis and opposition between Chinese and American monetary policies.
Relying on money supply expansion to support economic growth has been increasingly ineffective over the years.
Attempts to alter public expectations through interest rate cuts have been largely futile.
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😔 Vloggers in the real estate sector in China are facing financial difficulties as housing prices have fallen due to the pandemic, leaving them torn between repaying their mortgages and defaulting.
00:19
The vlogger bought a house in 2018 for 1.75 million RMB and owes the bank 1.2 million RMB, losing most of her initial down payment.
The vlogger worked in the real estate sector for 5 years and believed her house would be an asset, but now it has become a liability.
Another individual took out a loan to buy a house in 2019 and is struggling with high monthly repayments, with most of it going towards interest.
💔 A man's property investments go sour, leading to massive debts and a damaged credit reputation.
05:16
The man's properties were at risk of foreclosure due to reduced income and inability to make mortgage payments.
The property market tumbled, resulting in a significant loss when the man tried to sell one of his properties.
The man faced legal action from the bank, had his properties auctioned, and accumulated a total loss of 10 million yuan.
🏢 China's real estate market is in a slump, with foreclosed properties not selling and prices dropping.
10:53
China's real estate market has hit rock bottom due to negative population growth and companies building houses on debt.
Real estate auctions face challenges as population growth is negative and getting a good deal may be challenging for the next 5 to 10 years.
The slump in the real estate market has also impacted the financial trust industry, with defaults from Zhongrong International Trust affecting other companies.
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🛩 China may be using commercial jets as radar shields for their military crafts, potentially putting civilian passengers at risk.
00:13
China's military communication aircraft lurked beneath a commercial flight from Hong Kong to Shanghai through the Taiwan Strait.
This tactic could be used to launch a missile strike against Taiwan while sacrificing passengers on the civilian plane.
Targeting a Hong Kong flight allows China to avoid widespread condemnation and diplomatic backlash.
🔒 China's covert military establishments and blurred civilian-military lines pose a threat to national security.
03:01
China has numerous covert military establishments hidden in residential areas and disguised as ordinary facilities.
China strategically places vulnerable air strips near schools, making them inadvertent targets.
The CCP blurs civilian-military lines to gain military advantages, as shown by their plans to rally non-active duty personnel and commandeer strategic airports and ports.
🚢 China has rapidly increased its capacity to transport military equipment to Taiwan using civilian ferries.
05:57
China's capacity to transport military equipment to Taiwan has reached 2.3 million tons in just 8 days.
Chinese operators, including Bohai Ferry Group and High9 Straight Shipping Company, are involved in the transport operations.
Recent mobilization of civilian ferries suggests a response to Nancy Pelosi's visit to Taiwan and PLA military exercises.
💣 The video discusses the potential of equipping civilian ships with missile weapons systems, allowing them to be used as launch platforms with significant battlefield advantages.
09:22
The PLA Navy's document hinted at the possibility of retrofitting missile launchers on civilian ships.
Civilians have historically been used as human shields by the CCP.
The CCP strategically seized territories from behind during the civil war.
😱 Communist forces used horrifying tactics, including sending unarmed elderly, children, and naked young women to the frontlines, causing shock and shame among the opposing soldiers.
12:01
Communist forces labeled unarmed elderly as counterrevolutionary landlords and forced them into the frontline.
Children were used as cannon fodder by the Communist forces, paralyzing the opposing soldiers.
Naked young women, labeled as daughters and daughters-in-law of landlords, were used as a grotesque assault tactic, causing the opposing soldiers to cast aside their machine guns.
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