Comments by "D W" (@DW-op7ly) on "Supply chain and delivery problems at Boeing and Airbus are opening giant markets for China's COMAC" video.

  1. Back in the late 1980s I was warning about Free Trade and the push for Globalization Especially when it came to the rise of CCP China. This was before their GDP was even a blip on the radar. When 88% of the population was nee deep in the mud of the family rice plot or making 1 dollar a day on a factory floor Now they are miles ahead of us and playing 3D chess while we play checkers
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  2.  @Dollarrmb-pk6ub  ​​⁠not if they wipeout the competition It’s going to be an Automated / A.I. future like it or not Question you should be asking us will our countries be willing to give a basic income Some Asian guy in your country advocated for it…Barely anyone voted for him, thought he was nuts They transfer money assets and State owned corporations themselves …into their National Pension Plan We give tax breaks to private sector owned corporations who hide their money offshore in tax havens they have incorporated in 👇 Through a central coordination mechanism, over 930 billion yuan ($147.58 billion) from the national pool went to make up for the shortfalls of local pension schemes last year alone. China's basic old-age insurance, a key program to ensure people's well-being after retirement, has been evolving to a larger-scale management system since its establishment in the 1990s. The central coordination mechanism was set up in 2018 as the first step prior to building a national system to further address unbalanced pension burdens nationwide. But issues deriving from disparities in regional economic development and demographic structure still exist. "Some regions have more surpluses, while the others with older populations are under heavier pressure to make pension payments," said Qi Tao, an official from the Ministry of Human Resources and Social Security. In 2021, over 210 billion yuan from the coordination mechanism went to the central and western regions as well as the northeastern "rust belt" provinces, as a greying population weighs on their pension payments and growing labor outflows squeeze pension income. Using a nationwide chessboard as a metaphor, the head of the China Association of Social Security Zheng Gongcheng said the new national system will make the pension benefits fairer. "People won't need to sacrifice their pensions for migrating to work, and retirees won't have to deal with the risks from local pension fund shortfalls." Qi said a mechanism that assigns the respective expenditure responsibilities of central and local governments on pension funds will be built after the national program comes into force and the central government will not roll back its subsidy to the pension funds. Apart from the coordination efforts and central subsidy, state assets totaling 1.68 trillion yuan from 93 centrally-administered enterprises and financial institutions have also been transferred to replenish the pension schemes. GOV . CN
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