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Steven Phillips
China Observer
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Comments by "Steven Phillips" (@stevenphillips3466) on "China Observer" channel.
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EV's are for the more wealthy in society. EV' make no sense for mid and lower class people
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I think in the next few years we will see an uprising in China . So many people have lost their savings and the families savings that they invested in Real estate to corruption . The " Peasants " that have come from the farm and small towns will not go back to what they did before now that they have tasted freedom in a warped way . They have their smart phones and have actually seen the outside world ( even though a tainted lens ) That's why so many of the wealthy have fled and many to the United States because they know the truth, like most Chinese despite propaganda
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When the police checks start to bounce then there will be a revolution
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until the communist party demands that there will be No more cash used just digital currency....then what ?
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Damn , poor Russian people getting kicked from both sides
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Just look at Taiwan ( traditional Capitalist China ) and CCP china ( Communist china )
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i only make 62,200 yuan a month Glad I dont live in china
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and the CCP is worried that Tesla could " SPY " on its installations ...so what do you think is built into the BYD car then ?
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Its called intentional deflation. China needs to become competitive again against India, South east Asian countries . The only way is to plummet wages and manufacturing costs . Sad but true
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Beware the Arab spring : The demonstrations were caused by high unemployment, food inflation, corruption, a lack of political freedoms (such as freedom of speech), and poor living conditions. The protests constituted the most dramatic wave of social and political unrest in Tunisia in three decades and resulted in scores of deaths and injuries, most of which were the result of action by police and security forces. The protests were sparked by the self-immolation of Mohamed Bouazizi on 17 December 2010
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I actually am feeling sad for the Chinese people... Damn
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No the CCP Communists did it because they got to big for their britches and threatened war with Taiwan and the US ...
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China is in a DEFLATION spiral
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Hopefully the Vietnamese communists don't become A holes like teh Chinese Communists ... The world should bypass Communist nations for getting good from ...India is a democracy and so is Thailand
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All that Corruption to the CCP has Chinese Automakers uncompetitive ...When the car company has to pay 30% to local and national CCP members ...profit losses
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1.6 million Unfinished Units....WHAT ?!
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Redistribute the wealth....like the CCP communist party members and their extended famlies will give up a large portion of their wealth and security .... All teh economic numbers and employment nuimbers have been LIES for the last 5 years . Ill bet youth unemployment is more like 60% . Under employment and poverty wages skew the books. Its the Haves and have nots , the wealthy elite CCP connected 10% and teh other 90 % Peasent class ...just like back in the 1800's again . The Emperor and his court
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People are finally on to the BS that are electric vehicles
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Thank God for Americans " God given Right" to own guns ....not just for Hunting like silly joke biden says ... but to repel a Tyrannical government ....like the CCP
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these woman just want to " Lie Flat " ...On their Back !
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Just like Anerican Blacks do in New York City
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wow, how horrible .... I will bet the CCP leadership has all kinds of great verity of foods , duck , pork vegetables ...unlike the Peasant's ....
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I feel for the Chinese worker .... Maybe if you change your belligerent government and they stop trying to intimidate the neighbors and being A holes , maybe we can patch things up
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Sounds like Chinese companies treat their employees like " N's "
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The CCP came in after Country Garden was failing and removed most every valuable property and other valuable items from the real estate Giant . with the Giant real estate Giant going bankrupt all the valuable property should have been forfeited to the Bond holders and investors . but the Chinese government came in and stopped the Bankruptcy so they could come in and use hook and crook to remove the most valuable properties so there would be Nothing left worth much . The CCP and Chinese government broke the international business rules and Wall street and western Democracy's realized that China would not play by teh rules and so they have decided to Flee and punish China for this slap in the face to the international business community . I will bet that many CCP Elites had vast fortunes wrapped up into Country Garden and could not stand to just lose all their wealth so they used teh levers of power to save their fortunes ...but crashed the Chinese Economy . The CCP would not stand by and watch as Western investors came in and took over HUGE amounts of valuable Chinese real-estate which would then complicate their total control over large swaths of property . Communist cannot compete fairly . When Real estate Prices were increasing in huge gains the CCP ewas fine with the contracts and bond holders, but when things turned south they couldn't stand by and actually let that huge corporation be taken over by mostly western Bond holders and investor's ...China is now being destroyed economically for the Elites failures
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DE COUPLE with China!
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The Chinese people could be enjoying prosperity right now, yet the " Unelected " CCP did what Communists do , They go full Military . No one was even thinking of doing anything against China or the Chinese people and yet the CCP became belligerent towards its neighbors and threatened war against its trading partners and Taiwan . So the countries that were feeding the Chinese countries prosperity ( Western Democracy's ) started to pull their Manufacturing out of China . Now China is crashing and No one likes the CCP government but feel for the Chinese people. Oh well , Communism ALWAYS self destructs and destroys its peoples prosperity . Enjoy .....the Dive
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Its called "Capitalism " and " Market " driven consumerism . Many Chinese people Like the " old man joy " electric cars and it fits their usage requirement's ns budget so it has become vastly popular . So there is a good market for them and the Pricing is right so the people want them and will buy them . Unlike the " top down " government centralized economic control of the communist state that will pick and choose winners and losers ( many chosen if they themselves can make money by pickling a friend ) .... that's called cronyism and corruption. The capitalist market will always be the best because its market driven...the product that is the best and most desired will win if its priced right or it will fail if its not the best and over priced .... Who knows your likes and budget better...the Government or You the consumer ?
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I resent that remark...I earn 80 K USD a year and I don't do anything after work , I make 80 K a year and I don't do anything while i'm At work...
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Move to China if you don't like work.... seems like there is No Work there
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I would put a Info tracking chip in my kid in China
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There will be a Spark ...then its will go off like a Rocket
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Well if Tall buildings are the symbol of the rising of a Country .... then if china has 50% of the tallest buildings , we are about to see Massine collapsing of Chinas tall buildings .... with their CCP economy Crashing
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Taiwan is doing great economically , why isnt Main land China ?
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without the western high tech companies to steal their intellectual property and manufacturing knowhow ....China is slipping further and further behind . they ( CCP ) didn't play fair , and now they can play by themselves
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The CCP family members and Children all have good paying jobs
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Oh well, if your living so far beyond your means that your only one paycheck away from being homeless...Then get another job , No watching TV .... GET TO WORK . Cut your expense's, Cut food, Cell phone Bacis service , Cancel Cable , No credit cards , Get going !
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Heck yes, The wealthy are fleeing because they know what's coming .... The Chinese economy is crashing and the CCP is becoming a communist A Hole repressive Government ...
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Any country that restricts it citizens from he internet so they can communicate with teh world should on the " DO NOT TRADE WITH " list
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I'm Shocked that those countries cant rely on communist and dictator states .... Who would have guessed
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So, China is going to over take the US ? I think in National debt Yes
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INDIA SUPER CLEAN 🇮🇳 Super India ? I remember they were still trying to stop people from Crapping in the streets and unloading in fields . China is way more advanced than India and its Infrastructure is also far ahead . India is two decades behind China in almost everything. The only thing that India has going for it is its a Democracy and western Democracy's are now seeing India as cheaper to have their manufacturing done in India . India is only getting Chinas manufacturing as a result of Horrible CCP arrogance and their threats of Wat against their biggest trading partners . So just some advice for India , Don't get arrogant and make threats when you become wealthy from trade with the western Democracy's . Stay Nice and thrive
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I hope the dream of Hard line Communist's wanting to take over Free , Democratic and Capitalist Taiwan was worth the destruction of their Economy .... Let's hope the Chinese people toss out the Communists once and for all
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Note to Buyers of real Estate ...Never pay all the money up front for Unfinished or pre planned buildings , Either but already built apartments and homes or only pay in pre arranged stages of completion ... Once they ( the CCP ) have your money they will just keep it and then use their police to crush you to shut you up
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The China Economic Balloon is deflating at an increasing rate . The CCP got too big for its britches and now looks Foolish . The Chinese people are failing , Jobs and manufacturing businesses are fleeing China . The CCP propped up housing market has totally Failed and its sending the poor college graduate's into the countryside to keep them from Rioting about the Horrid Economy and No jobs.
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The Children of the CCP all have plenty of jobs and money ...why is that ?
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the " Big Boss " China is now Pee wee's playhouse
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Chinese Social Security....LOL .....
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China had it made.... they could have become the worlds number one economy ....but they just couldn't overcome the Communist Arrogance and need to prove they were someone at any cost and the Rampant corruption, bribes and theft of intellectual property . Then once they started to become wealthy they went right in to build up their military in a massive way . Bully their neighbors and threaten war with Taiwan and thus the United States their largest trading partner. Ancient Chinese saying : Don't bite the hand that feeds you ! Now their economy is in shambles , their real estate and housing is crashing , corporations are fleeing and teh CCP is becoming a tyrannical crushing force on its people . Bad news all the way around
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Housing collapse, Employment collapse, Manufacturing fleeing China , China threatening Taiwan with war and threatening America for defending Taiwan . Many wealthy fleeing China because of the Communist government becoming like N korea . China had it going good for a long time and then when it got wealthy the CCP became Belligerent ...... Oh well it looks like Vietnam and India will become the Favored nations of Trade with the West and they will surpass China . Lets hope that they don't make the mistake of threatening their trading partners . It will be Fun to see India becoming a Power house and a huge Military threat to China . China had everything going for it but Communists are Jerks and it only takes time before they just cant help themselves , they just have to make threats and become bullies. Oh well .....
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