Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "China's First International Supply Chain Expo: A Doomsday Revelry in Emperor's New Clothes" video.

  1. 🌐 The China International Supply Chain Promotion Expo is seen as a way for the Chinese government to create an illusion of ongoing prosperity and global market appeal. 00:00 The Expo is viewed as a cleverly packaged celebration of an ending era and a bid to retain foreign capital. China's weakening economy and authoritarian rule are urging foreign capital to leave. The Expo is the world's first national-level exhibition focusing on supply chains. 🌐 Global awareness of supply chain risks due to overreliance on China, leading to skepticism about China's economic stability and foreign investment. 03:13 US move to strengthen supply chain resilience originated from a 2017 report requested by President Trump. Disengaging from China's supply chain has become a global trend, with significant foreign capital rapidly withdrawing from China. Media reports suggest over 3/4 of foreign capital inflow into the Chinese stock market had withdrawn in the first 7 months of 2023 alone. 📉 Foreign businesses and capital are fleeing China due to hostile policies, leading to economic decline and challenges. 05:59 Increasing Exodus of foreign businesses and capital from China due to hostile policies Sharp decline in new domestic job creation and economic activities, leading to negative growth in Consumer Price Index Intensified trend of foreign capital withdrawal from China due to new laws and restrictions 🔍 Chinese government's increased scrutiny on foreign enterprises and their employees, as well as the challenges faced by a US-based investigative firm in China. 09:11 Chinese government's focus on investigating foreign enterprises and their employees US-based investigative firm facing challenges in China, with detained employees and closure of Beijing operations History of Chinese authorities scrutinizing investigative activities of foreign firms in China ⚠ Foreign companies are increasingly reducing business trips to China due to concerns about detainment and interrogation by Chinese authorities. 12:06 Nearly 1 in 3 respondents are reducing business trips to China, according to a US government study. There has been a 25% increase in American companies cancelling or postponing business trips to China in recent weeks. Some companies are advising employees to use clean laptops and old phones when traveling to China to avoid potential issues.
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