Comments by "Steven Phillips" (@stevenphillips3466) on "China’s Economy Is Poor, Xi Jinping Is Closing off the Country, Foreign Investment Flees Rapidly" video.

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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