Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "Who's Draining China? Massive Asset Transfer Abroad" video.

  1. 💰 China is facing financial turmoil as wealthy individuals are being targeted for high taxes, leading to a potential exodus of entrepreneurs and economic instability. 00:20 Party officials in China are targeting wealthy individuals for high taxes, leading to a choice of handing over 20% of their assets or risk a full tax audit. The Chinese Ministry of State Security published an article highlighting the risks and challenges to financial security, including attempts to create disturbances for profit and shake international confidence in investing in China. Wealthy Chinese individuals are reconsidering their financial situation under the new circumstances, potentially leading to an exodus of entrepreneurs and presenting new challenges to maintaining financial security. 💰 China's outward investment has surpassed foreign direct investment by 20.6%, reaching an astonishing 60% of the cumulative trade surplus. 04:13 China's outward investment surpasses foreign direct investment by 20.6% The total scale of China's outward investment compared to the cumulative trade surplus reaches 60% Private enterprises and foreign funded enterprises account for a significant portion of the massive investment 💰 The video discusses the actual utilization of foreign capital by industry in China from 2005 to 2022, focusing on direct investment by foreign entities. 08:17 Direct foreign investment in China's financial sector was nearly $96 billion in wholesale and retail, $62.11 billion in business services. China's ODI in the financial sector was $3.9 billion more than triple the size of foreign investment in the same sector in China. The large investment in the financial sector raises questions about its actual deployment and the presence of Chinese banks and securities firms abroad. 💰 The top echelons of power in China are using foreign investments for money laundering and to accumulate significant foreign wealth. 12:05 China's foreign investments primarily represent asset transfers by the top CCP Elites and are substantially comprised of fake investments, mostly laundered overseas. 57.7% of China's foreign investments are channeled through Hong Kong, a critical hub for money laundering activities, with significant amounts also directed to the British Virgin Islands and the Cayman Islands. China's direct investment in Hong Kong amounted to $1.6 trillion in 2022, primarily distributed across key sectors like leasing and business services, wholesale and retail, and the financial sector. 🔍 An investigation by the European Union reveals Xi Jinping's family's involvement in the electric vehicle industry and profiting from subsidies. 15:49 Xi Jinping's family is expanding the electric vehicle industry and profiting from subsidies and construction of new factories. Daniel Foa, the foreign son-in-law of Xi Jinping's family, is involved in the industry and was appointed to a board in China. The Chinese Communist Party aims to dominate the global electric vehicle market with the support of CCP Elites, resorting to price wars.
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