Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "Shocking! $50 Billion/Month Flees China, Mainly From Chinese Households and Private Businesses" video.

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"Wealthy Chinese Individuals Desperately Fleeing $50 Billion/Month from China to Avoid CCP's Financial Control and Tax Investigations, Resorting to Gold, Foreign Currencies, and Overseas Real Estate" 💰 Chinese wealthy are moving assets out of the country by purchasing gold bars, foreign currencies, and overseas real estate to avoid CCP's financial control. 00:00 Customs discovered 1 million yuan in cash in a passenger's luggage at Shenyang Taoxian International Airport. 00:00 Driver caught hiding two gold bars in his shoes at Guangdong Zhuhai Airport, Gongbei Customs. 00:16 Chinese wealthy are rapidly moving assets out of the Chinese financial market by purchasing gold bars, insurance policies, and luxury apartments overseas. 00:36 About 50 billion dollars are flowing out of China each month on average, primarily from Chinese households and private businesses. 01:02 Chinese are buying small gold bars and stuffing them into their carry-on luggage to circumvent the Chinese government's strict control over transferring funds overseas. 01:15 Chinese buyers are the main purchasers of Tokyo apartments priced over 3 million dollars, often paying with cash carried in suitcases. 01:31 Chinese wealthy are opening bank accounts in Hong Kong and purchasing insurance products denominated in U.S. dollars for overseas asset allocation. 02:11 💰 The Chinese government is targeting the wealthy through tax investigations and extortionate methods due to economic downturns and financial pressures. 03:12 Chinese citizens paid 21.3% more for new insurance policies compared to 2019, indicating unease about the post-pandemic recovery and economic direction under Xi Jinping's rule. 03:12 Foreign capital is massively withdrawing from China, leading the CCP to target the country's wealthy class. 03:56 China is asking banks to scrutinize the assets of the wealthy, and those with assets over 30 million yuan are being asked to surrender 20% of their wealth or face comprehensive tax investigations. 04:10 Local CCP governments are extorting the wealthy through tax investigations due to economic downturns and financial pressures. 05:02 The wealthy are defined as businesspeople and those successful in various fields, and they often become aware of the CCP's brutality, official corruption, and societal darkness. 05:27 The CCP targets the wealthy for not aligning with the party and for having money that can be extracted, and they are also targeting those with democratic ideas. 05:48 The CCP is putting the wealthy at great risk through blatant robbery and extortionate methods. 06:15 💰 The video discusses the capital flight and desperation of wealthy individuals in China under the CCP's control. 06:29 Meng Jun advises the wealthy to urgently sell off assets and leave the country 06:29 Many wealthy individuals are transferring their assets out of China, particularly to the US and Canada 07:05 Over ten thousand wealthy individuals emigrated from China in 2022, surpassing Russia in net outflow 07:57 Capital outflows reached $49 billion in August and a net outflow of $53.9 billion in September, the largest since December 2015 08:27 Chinese investment strategy expert advises people to 'run' due to lack of confidence in CCP leader Xi Jinping 08:46 Challenges in getting money out of China, with speculation about money laundering to transfer funds 09:07 Discussion about potential methods of getting money out of China, including by water and land routes 09:20 💰 The video discusses the strict capital control measures implemented by the CCP in China, and the methods used by wealthy Chinese individuals to circumvent these restrictions. 09:46 CCP has implemented strict control measures to prevent capital outflow from China, including limiting individual annual foreign exchange purchase quota to $50,000 per person. 09:46 Chinese residents are prohibited from opening new offshore trading accounts with local brokerages, and new investments by existing customers are under strict surveillance. 10:25 Underground money houses have flourished but have been repeatedly suppressed by the authorities in mainland China. 10:58 Chinese regulatory authorities have closed almost all gambling channels to Macau, impacting wealthy Chinese individuals' ability to transfer money overseas through gambling trips. 11:22 Wealthy Chinese families and businesses find means to transfer funds abroad, including methods like 'ant moving house' and 'knocking' by underground money houses. 11:51 Singapore has become the preferred destination for wealthy Chinese emigrants, with a significant increase in the number of Chinese-funded enterprises registered in the country. 12:33 High-ranking executives from Alibaba have settled in Singapore, and the country is seen as a haven for wealthy Chinese individuals. 12:43 📉 The video discusses the economic challenges faced by China, including money laundering, emigration, and potential recession. 13:13 Elite companies and wealthy individuals easily move large sums of money out of China through unconventional means. 13:13 Some Chinese individuals take illegal routes to emigrate to the U.S. due to their dissatisfaction with the CCP. 14:03 China is facing potential economic recession, deflation, and increasing domestic economic pressures. 14:20 Outside first-tier cities, China's economic situation looks worse with declining foreign investment and lowered growth forecasts. 14:31 Experts predict that China's economy may experience negative growth or a severe economic crisis in the future. 15:01 A senior fellow at the Hudson Institute believes that China's economic development has reached its limits. 15:18 The idea of China overtaking the U.S. economically is deemed to be over by experts due to the current economic situation. 15:41
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  2. 5:43 societal darkness or duckness😉😉😉🤣🤣🤣🤣🤣🤣🤣🤣😂😂😂😂😂😅😄🐀🐁🐭🐭🐭🦆🦆🦆
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