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

  1. "Multiple Building Collapses and Ground Collapses in China Raise Concerns About Construction Quality and Safety" 🏢 Multiple incidents of building collapses and ground collapses in China raise concerns about construction quality and safety. 00:00 Building collapses and ground collapses are frequently reported in China. 00:00 Shoddy construction work and heavy snowfall are common causes of collapses. 00:05 Incidents have occurred in various locations, including shopping malls. 01:02 A newly opened department store experienced an internal ground collapse. 01:09 Poor loadbearing capacity of prefabricated panels and inadequate foundation treatments contribute to the collapses. 02:35 🏢 Multiple building collapses in China raise concerns about construction safety and the use of inferior quality pre-fabricated panels. 03:53 The collapse of a newly opened supermarket in China sparks widespread concern and suggests oversight in construction and safety checks. 03:53 Another collapse occurs in Nanfen County, raising questions about the frequency of such accidents and the decision to reinforce rather than demolish hazardous buildings. 04:42 A series of building collapses throughout November in China highlights the potential dangers of shoddy construction practices and the use of substandard pre-fabricated panels. 05:22 Construction experts attribute building collapses to factors such as construction quality, infrastructure issues, and the use of inferior materials. 07:33 🏢 Poor construction practices and corruption in China lead to widespread use of low-quality building materials and substandard construction projects. 07:40 Construction quality is a critical factor for building stability. 07:40 Tofu projects, which use substandard materials and cut corners, are a widespread problem in China. 08:27 Subcontracting and lack of supervision contribute to the prevalence of tofu drag buildings. 09:41 Corruption within the government and collusion between officials and businessmen result in the emergence of inferior buildings. 10:44 Substandard construction projects will continue to increase without addressing corruption. 11:01
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  4. 🇨🇳 The Chinese Communist Party is using fabricated data and control over public discourse to maintain an illusion of economic prosperity amidst a downturn. 00:00 The CCP is fabricating data and silencing dissent to maintain the illusion of economic prosperity. The central economic work conference emphasised the need to control propaganda and public opinion to guide public expectations and revitalise the economy. The CCP's ministry of State security threatened professionals not to speak negatively about China's economic future. 📉 The video discusses errors in China's export data and the decline in its economy. 04:29 China's November exports declined by 3.2% year-over-year, not showing the reported 0.5% growth. The data contained multiple errors, with a 5.6% decrease in China's total import and export value from the same period last year. The trade surplus narrowed by 2.7% to 748 billion. 📉 China's foreign trade in 2023 has significantly deteriorated compared to 2022, with a severe decline in exports and foreign exchange earnings. 09:16 Exports in November 2023 declined by 12% compared to the norm in 2021 China's foreign trade in 2023 has significantly deteriorated compared to 2022 Many Chinese export factories may shut down or move out of China, leading to a continued decrease in trade 📉 Private investment in China has significantly decreased compared to last year, indicating a worsening economic situation. 13:32 Private investment for November was 24.5% lower than the same month last year. The unemployment rate among the 16 to 24 age group is not being disclosed, leading to speculation about its actual figures. There are concerns about the economic indicators and the potential severity of the situation, including a record high unemployment rate. 📰 Leo G Pung criticizes China's capital market and government's priorities, leading to censorship. 17:32 Leo G Pung criticizes unfair wealth distribution and lack of focus on operations in China's capital market. Leo G Pung urges government to prioritize revitalizing the stock market and financial sector. Leo G Pung's social media accounts are muted and prohibited from gaining new followers, indicating government censorship.
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  7. 🤢 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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  8. 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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  15. 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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  16. 🇨🇳 The Chinese Communist Party is using fabricated data and control over public discourse to maintain an illusion of economic prosperity amidst a downturn. 00:00 The CCP is fabricating data and silencing dissent to maintain the illusion of economic prosperity. The central economic work conference emphasized the need to control propaganda and public opinion to guide public expectations and revitalize the economy. The CCP's ministry of State security threatened professionals not to speak negatively about China's economic future. 📉 The video discusses errors in China's export data and the decline in its economy. 04:29 China's November exports declined by 3.2% year-over-year, not showing the reported 0.5% growth. The data contained multiple errors, with a 5.6% decrease in China's total import and export value from the same period last year. The trade surplus narrowed by 2.7% to 748 billion. 📉 China's foreign trade in 2023 has significantly deteriorated compared to 2022, with a severe decline in exports and foreign exchange earnings. 09:16 Exports in November 2023 declined by 12% compared to the norm in 2021 China's foreign trade in 2023 has significantly deteriorated compared to 2022 Many Chinese export factories may shut down or move out of China, leading to a continued decrease in trade 📉 Private investment in China has significantly decreased compared to last year, indicating a worsening economic situation. 13:32 Private investment for November was 24.5% lower than the same month last year. The unemployment rate among the 16 to 24 age group is not being disclosed, leading to speculation about its actual figures. There are concerns about the economic indicators and the potential severity of the situation, including a record high unemployment rate. 📰 Leo G Pung criticizes China's capital market and government's priorities, leading to censorship. 17:32 Leo G Pung criticizes unfair wealth distribution and lack of focus on operations in China's capital market. Leo G Pung urges government to prioritize revitalizing the stock market and financial sector. Leo G Pung's social media accounts are muted and prohibited from gaining new followers, indicating government censorship.
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  21. 🐟 Chinese fishing vessels were spotted fishing off the Japanese coast while the CCP banned the import of Japanese seafood. 00:19 China voiced opposition to Japan's decision to release wastewater from the Fukushima plant into the ocean. Approximately 146 to 167 Chinese fishing vessels were detected fishing alongside Japanese boats off the coast of Hokkaido. Chinese fishing boats displayed 'China' prominently on their hauls while fishing off the Japanese coast. 🔍 The video discusses the hypocrisy of the CCP in its treatment of Japanese seafood and its criticism of Japan's plan to release treated nuclear wastewater. 02:48 The CCP's embargo on Japanese seafood while allowing Chinese boats to freely sell and consume fish reveals its double standards. The CCP's public remarks may be aimed at improving Sino-Japanese relations, but its actions contradict its statements. During an international debate on Japan's plan to release treated nuclear wastewater, China was the only country to explicitly criticize the decision. 🌍 The video discusses how the Chinese government is manipulating public sentiment regarding Japan's nuclear wastewater disposal plan. 07:09 The CCP has condemned other nations while remaining passive about its own environmental issues. The International Community is aware of the CCP's tactics in manipulating public sentiment. The CCP has been inciting domestic outrage in China over Japan's wastewater disposal plan. 🌐 The CCP's true agenda in tarnishing Japan's nuclear wastewater issue is to counter Japan and establish a mini NATO in East Asia to counter the global expansion of Communism. 10:15 The US, Japan, and South Korea held a trilateral summit signaling the establishment of a mini NATO in East Asia. The primary aim of this alliance is to counter the global expansion of Communism, specifically focusing on the situation in the Taiwan Strait. The CCP aims to isolate Japan diplomatically and tarnish its reputation while stoking nationalistic hatred among the Chinese people. 📰 The CCP's propaganda campaign uses limited access to unbiased information and redirects domestic discontent towards external enemies. 12:34 China's lack of freedom of speech and press enables the ongoing vilification campaign. CCP seeks to channel widespread discontent towards Japan due to declining economy and rising unemployment rates. Chinese citizens' enthusiasm for traveling to Japan remains high despite the CCP's propaganda campaign.
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  22. 📉 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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  25. 🐔 A semiconductor factory in China invested in a poultry business due to technical shortcomings and an absence of mass production capability. 00:15 Jiangsu Advanced Memory Semiconductor invested in a semiconductor factory but repurposed it as a poultry farm. The company lacked mass production capability and turned to poultry farming to cover costs. The poultry raised in the farm was served at the VIP restaurant, making it a government guest house. 📚 Professor Ma, a member of Taiwan's Academia Sinica, has close ties with mainland China and has been giving lectures at major institutions in China since 1993. He established Beijing Advanced Memory Technology Company in collaboration with Beijing E-Town International Investment and Development Company in 2009. 03:29 Professor Ma has close ties with mainland China. He has been giving lectures at major institutions in China since 1993. Professor Ma established Beijing Advanced Memory Technology Company in collaboration with Beijing E-Town International Investment and Development Company in 2009. 📉 Advanced Memory Technology faced legal disputes and collapsed, but managed to establish Jiangsu Advanced Memory Semiconductor with the help of the Hawaiian government. 07:13 Advanced Memory Technology received 55 million yen in February 2016, but faced breaches and legal disputes. Jiangsu Advanced Memory Semiconductor was established in October 2016 with the support of the Hawaiian government. Advanced Memory Technology transferred its patents and technological rights to Jiangsu Advanced Memory and relocated its headquarters. 🔍 Advanced Memory's claims of Next Generation data storage and product collaborations have been revealed to be false, leading to legal troubles and a lack of market presence. 10:39 Advanced Memory's production line operations have been hindered by limited material procurement and delayed product launches. Claims of delivering products and collaborations with Chinese entities have been denied and proven unfounded. Shareholders of Advanced Memory have been listed as defaulters by courts multiple times, causing chaos. 💰 Ningbo Advanced Memory is ordered to repay an investment of 55 million Yuan and an additional 8 million yen, after misappropriating government funds. 14:20 Ningbo Advanced Memory used funds from the Hawaiian government to repay their debt after the government's investment disappeared. China Electronics system engineering suffered losses of 230 million yen due to owed payments from Advanced Memory. An equipment supplier has filed a lawsuit against Advanced Memory for not paying 2 million yen.
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  30. 😔 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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  31. 🛩 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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  32. 💼 Foxconn's implementation of a 5-day work week with 8-hour days in their factories in mainland China has caused controversy among Chinese workers. 01:00 Foxconn has implemented a 5-day work week with 8-hour days in their factories in mainland China. The new policy has stirred significant uproar among Chinese netizens. Many Foxconn workers rely on overtime work for nearly half of their wage income. 📺 Foxconn's new workweek policy sparks speculation and controversy. 03:47 Foxconn employees worked up to 150 hours of overtime in a peak period. Speculation suggests that the new workweek policy is a response to Chinese Communist Party scrutiny. The policy reveals low basic wages for Chinese manufacturing workers. 📈 Foxconn remains a significant contributor to the Chinese economy, despite shifting some production to other countries. 08:06 Foxconn's revenue in 2022 was approximately 1.5 trillion yen, accounting for 1.2% of China's GDP. Foxconn's imports and exports contribute significantly to China's trade volume. Foxconn is the mainland's number one merchandise exporter. 👥 Foxconn operates in compliance with labor laws and provides basic employee benefits, unlike many Chinese companies. 11:28 Foxconn fully pays for statutory insurances and a housing fund for its employees, provides overtime pay and annual leave. Basic employee benefits such as canteens, dormitories, and recreational facilities are provided. Many small and medium-sized Chinese companies fail to meet labor law requirements and provide employee benefits, leading to high unemployment rates. 🔍 Foxcon denies rumors of tax evasion and emphasizes its commitment to legal and compliant operations. 15:41 Foxcon's parent company issued a statement refuting rumors of tax evasion and stating that the group's production and operations are normal and orderly. Foxcon has been a significant entity for local governments in attracting investment and solving employment for over 30 years.
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  50. 💼 Unemployment and business closures in major Chinese cities are leading to a mass exodus of migrant workers returning to their hometowns in search of new opportunities. 00:00 Unemployment and business closures in major Chinese cities Shanghai's train station overcrowded with people leaving for hometowns Factories in Shanghai quiet due to foreign investment pullout 👋 Migrant workers in Beijing are leaving early due to job loss and economic challenges. 03:30 Many migrant workers are leaving Beijing early, expressing strong emotions as they depart. Unemployment and unfavorable economic environment in Beijing are causing middle-aged workers to return home early. Entrepreneurs in the catering industry are also facing challenges, leading to early departures from Beijing. 😞 The challenges of unemployment in China's top tier cities and the high cost of living. 06:22 Unemployment and difficulty finding work in top tier cities High cost of living in big cities leading to financial strain Disappearance of job opportunities in Beijing's internet industry 🏠 The high cost of housing in Shenzhen is closely tied to access to education and healthcare, making it a necessity for residents. 09:37 Shenzhen has surpassed Beijing as the most expensive city for secondhand homes among first tier cities. Public resources such as education and healthcare in Shenzhen rank among the lowest compared to other major cities. Rental prices in Shenzhen have also been rising dramatically, posing challenges for many young people. 💼 The video discusses the impact of unemployment on the Chinese workforce, particularly in the manufacturing sector, and the government's response to the issue. 12:54 Unemployment in the manufacturing sector is breaking records, drawing international attention. The Chinese government has stopped releasing unemployment data and the lives of the people have fallen into despair. China's Consumer Price Index has seen a significant decrease, marking the largest drop in the past 3 years.
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