Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "Massive Store Closures u0026 Unemployment in Shanghai and Shenzhen. The Great Depression Strikes China" video.

  1. 4:02 this lady is very brave and bold for speaking about her personal experiences, her life and this situation whilst living in the People'S R. of China.🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳 😔 China's abandonment of strict COVID-zero policies has led to a grim economic downturn with a large number of shops closing down and increasing homelessness. 00:00 Chinese government suddenly abandoned its stringent covid zero policies 00:00 Emergence of vast numbers of homeless unemployed 00:34 Deserted streets and closed shops in Shangxiajiu, Guangzhou 01:13 Depression in Shenzhen and Shanghai with lack of people and business activity 01:51 China's state media propagating reports about struggling living conditions in Western countries 02:44 Massive Store Closures and Unemployment in Shanghai and Shenzhen: The Great Depression Hits China as the Economy Crumbles and Middle-aged Workers Bear the Brunt 🌍 China's economy and food chain are in serious trouble, with a growing number of adults going hungry and job opportunities diminishing. 03:15 One-seventh of the UK population can't get enough to eat. 03:15 China's economy and food chain are in trouble, leading to an impending famine. 03:31 Workers in Beijing face difficulties finding jobs and are paid low wages. 06:57 A manager earning a high salary struggled to find work after losing his job at 45. 09:27 Chain stores like KFC, Pizza Hut, IKEA, and Starbucks are not hiring middle-aged workers in China. 10:03 👴 Middle-aged unemployment in China is a significant issue, with a growing number of unemployed individuals and a greater impact on society than youth unemployment. 10:39 The middle-aged unemployed in China is a growing problem, comparable to youth unemployment. 10:39 Middle-aged unemployment has a significant impact on society and the country. 10:56 A large number of enterprises were deregistered and bankrupt in China. 11:14 The national urban surveyed unemployment rate in China is 5.2%, with a high unemployment rate for the 16-24 year-old labor force. 11:35 China's current unemployment statistics are inaccurate due to low official employment standards, data bias, and difficulties capturing the true employment situation of flexibly employed individuals. 12:16 📉 China's economy is facing challenges as unemployment rates rise and key economic indicators decline. 13:49 Unemployment rates in China have reached 6.2% to 7.5% of the total labour force. 13:49 Structural imbalances in the Chinese economy, high debt-driven infrastructure construction, and decline in export trade volumes contribute to the economic challenges. 14:11 In the first quarter of 2023, China's GDP increased by 4.5% year-on-year, but skepticism remains due to government data reliability concerns. 14:44 Significant declines were observed in major economic indicators in the second quarter, including a decrease in exports and retail sales growth below expectations. 15:25 Real estate investment and private fixed asset investment have declined, indicating weakening corporate confidence. 16:09 📉 China's consumer spending is not strong enough to drive GDP growth, and the government's attempts to stimulate the economy have been ineffective. 17:09 Consumer spending in China is not strong enough to push GDP growth to 5% or 6%. 17:09 China's chronic issue is its high household leverage ratio, which is the root cause of the demand problem. 18:03 Calls for saving the real estate market to revive domestic demand. 18:20 Beijing authorities have acknowledged the economic challenges and attempted to stimulate the economy through interest rate cuts and printing currency. 19:14 The government lacks funds, businesses are strapped for cash, and consumers have savings but are hesitant to spend. 20:02 😔 China's economy is facing challenges and it is difficult to be positive at the moment. 20:19 Stimulating consumption is unfeasible due to the bleak overall environment. 20:19 Wall Street banks have lowered their forecasts for China's economic growth in 2023. 20:37 Q1 2023 data shows impressive growth of 4.5%, surpassing expectations. 21:17 Achieving a GDP growth target of 5% seems achievable considering previous stagnation. 21:37 Many realize that going back to the way things were is not possible. 21:55
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  2. That's what Zheng Huguang said. This China Observer lady was simply quoting him. That's the point. The CCP are propagating lies about other countries to make themselves appear better, particularly to the Chinese populace...The CCP opposes Western values and so they make up ridiculous claims about the UK.
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  3. My pleasure, @colettelane1736 . Indeed. Ay, yes. ☦⛑📜👑✝
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  4. My pleasure, @BOBmoney007 .
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  5. Cheers, mate @kosiski 
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  6. Jack Smith is a nationalistic communist wumao @kosiski . @JackSmith-mk1ru reports all of my comments. That food @JackSmith-mk1ru dislikes, downvotes and reports all of my comments.
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