☨St Louis IX opposed paganism, hæresy \x26 debauchery
China Observer
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Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "From August: CCP Targets China's Rich with Over 6 Million Yuan" video.
💰 China has launched a new system called the individual income and property information registration, which aims to survey the assets of high net worth and high income individuals.
00:27
The system allows for a comprehensive view of all properties, vehicles, and assets owned by individuals.
Assets above 2 million are under regulatory scrutiny and considered high net worth.
The government is particularly focused on individuals with assets above 6 million.
💰 The Chinese government's recent actions and statements suggest a focus on wealth redistribution and increased scrutiny on wealthy individuals and corporations.
04:04
The Chinese government has targeted industries such as real estate, oil, lottery, and funds for assessment of assets held by beneficiaries.
Recent actions, such as the arrest of the head of China's largest immigration firm and an anti-corruption storm in the pharmaceutical and healthcare system, indicate the government's intent to redistribute wealth.
Regulatory actions against Alibaba and Didi Chuxing, along with major corporations making substantial donations to government-led initiatives, show a pattern of entities feeling compelled to offer donations for their security.
💰 The Chinese Communist party's renewed campaign aims to raise funds, maintain power, and recruit support.
08:18
Efforts in China are notorious for exploiting both plaintiffs and defendants, with lawyers, accountants, and engineers involved in corruption.
The CCP's strategy is to delay the social crisis by resorting to robbery when short of funds.
The CCP aims to secure financing, garner public support, and recruit peasants for military service.
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