3 people like this.

211 comment(s). Last comment by uncensored 2022-02-18 13:02

uncensored

2,694 posts

Posted by uncensored > 2022-01-02 16:01 | Report Abuse

https://www.youtube.com/watch?v=ITvXlax4ZXk

China Has A Debt Problem Three Times Larger Than Evergrande

Good infrastructure is one of the greatest investments a country can make. Unfortunately for China, you can have too much of a good thing.

uncensored

2,694 posts

Posted by uncensored > 2022-01-02 16:04 | Report Abuse

https://www.youtube.com/watch?v=nVVes1ZhMwA

China expands lockdown to curb the spread of COVID ahead of Winter Olympics | DW News

DW News
3M subscribers
In the Chinese city of Xi'an, people have been taking to social media to complain they have run out of food because of a major lockdown.

Authorities say the volunteers are now delivering supplies to people's homes. Just one family member per household is allowed to go out to buy groceries - and not more than once every three days. China has adopted a zero-tolerance policy towards COVID-19 infections, which could be a challenge when it hosts the Winter Olympics in February.

stockraider

31,556 posts

Posted by stockraider > 2022-01-02 17:57 | Report Abuse

Correct mah!

Protect life more important to protect properties & assets mah!

uncensored

2,694 posts

Posted by uncensored > 2022-01-02 19:22 | Report Abuse

stockraider liar welcome here...

uncensored

2,694 posts

Posted by uncensored > 2022-01-02 21:46 | Report Abuse

China: Removing English from public signs is to encourage the world to conjoin China

https://www.youtube.com/watch?v=fQGQ-cvPzi4

China Reports - The BL
5.14K subscribers

Many cities in China, including Beijing and Tianjin, have removed English signs from public, and replaced them with Pinyin, a Chinese pronunciation in the Latin writing system.For example, the word “station” in public transport signs is replaced with the “Zhan”, and “Binhai International Airport” is replaced with the “BINHAI GUOJI JICHANG”.

uncensored

2,694 posts

Posted by uncensored > 2022-01-02 21:51 | Report Abuse

Indonesia’s explosive New Year gift to Xi Jinping

2022 has been a disaster for China so far, and we are only two days into it. The coming 363 days, rest assured, will be nightmare for Xi Jinping as well, considering the fact that he remains in power, that is. Watch the video, to know more.

https://www.youtube.com/watch?v=_-xxrEM-IyE

uncensored

2,694 posts

Posted by uncensored > 2022-01-02 22:03 | Report Abuse

China: Unemployed graduates/20 million shortage of skilled workers/200 million "flexible" employees?

Nowadays, Chinese university graduates are facing an unprecedented job crisis. According to Chinese official data, the total size of the 2021 Chinese college graduate population has reached 9.09 million, an increase of 350,000.
A week ago, the Chinese website, 163.com, published a report entitled "In 2021, half of the students will be unemployed...".
But there is a strange phenomenon in China. That is, many businesses are having trouble recruiting skilled workers. According to China's official statistics, the shortage of skilled workers is about 20 million.

https://www.youtube.com/watch?v=G8yP0Rd6z00

uncensored

2,694 posts

Posted by uncensored > 2022-01-02 23:45 | Report Abuse

China Sees ‘Unprecedented’ Difficulty in Stabilizing 2022 Trade (Bloomberg News)
China faces “unprecedented” difficulty in stabilizing trade next year as favorable conditions that boosted export growth this year won’t be sustainable, according to a commerce ministry official.

Export gains may slow as competing countries recover their production capacities and as inflation that pushed up export values gradually eases, Ren Hongbin, vice minister of the commerce ministry, said at a briefing in Beijing on Thursday. This year’s rapid export gains also make the base of comparison higher for 2022, he said.

China will enhance trade companies’ awareness and ability to manage foreign-exchange risks, according to Ren. The government will also step up efforts to ease pressures from international logistics and supply chain problems, he said, vowing to actively ensure the supply of commodities.

We will “make every effort to keep foreign trade running within a reasonable range,” Ren said. These cross-cyclical measures are meant to help stabilize trade in early 2022, he said. He expected China’s goods imports and exports to grow more than 20% in 2021 to a total of $6 trillion.

Ren’s comments echo concerns raised earlier this week by Commerce Minister Wang Wentao, who said it will be hard for China to keep its trade growth stable next year.

China’s exports have stayed resilient throughout the year, providing some support for an economy that’s been weighed down by regulatory crackdowns and repeated virus outbreaks. Overseas shipments have posted double-digit gains in every month this year, with an exception in February when shipments jumped 155% from a year-earlier slump.

But the outlook for trade is less certain, as overseas appetite for Chinese goods is set to weaken if the global economic recovery loses steam. Chinese exporters are also battling high raw material prices, as well as surging labor and freight costs.

https://www.bloomberg.com/news/articles/2021-12-30/china-sees-unprecedented-difficulty-in-stabilizing-2022-trade

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 10:28 | Report Abuse

World Bank lowers China's economic growth forecasts for 2022

https://www.youtube.com/watch?v=R0asH2YCGOg

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 10:41 | Report Abuse

财经冷眼:西安饥民暴动,大量武警镇压!吃宠物吃盆栽,以物易物,西安人饥饿似地狱! 1人感染全栋拖去集中营,3天要强行清零,民众跪地痛哭求饶,防疫极权下的西安围城!
https://www.youtube.com/watch?v=WJJavsci_QY&t=492s

stockraider

31,556 posts

Posted by stockraider > 2022-01-03 11:19 | Report Abuse

Haiyah this uncensored boloh loh!

Usa 1 day covid already 500k cases & China about meagre 100 cases 1 day...This Uncensored Boloh....come & talk kook on china covid loh!

This type of pea brain low IQ uncensored, u will understand why he got manipulated by the west loh!

Do Not Believe this Pea Brain Uncensored loh!


Posted by uncensored > Jan 2, 2022 3:26 PM | Report Abuse

https://www.youtube.com/watch?v=MG3ynIJ1Wko

China: Highest number of daily COVID cases since Wuhan outbreak | DW News

China has recorded its fourth rise in new coronavirus cases in a row. That's despite some 13 million people already under lockdown in the country's Shaanxi province. The spike in cases there has produced China's highest infection rates since the pandemic's very first outbreak in Wuhan.

amateurJR

2,366 posts

Posted by amateurJR > 2022-01-03 11:21 | Report Abuse

haha Silly article. China wont collapse la. USA will collapse first before China if big disaster happens

chinaman

3,219 posts

Posted by chinaman > 2022-01-03 11:25 | Report Abuse

USD toilet paper currency will collapse first in 2022, causing worldwide panic and world super inflation

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 11:42 | Report Abuse

清零不要命 可怜西安人
在一千多万人的武汉市封城即将两周年纪念日之际,在习近平宣布中国取得抗疫重大成果一年多以后,同样的一幕在近1300万人口的中国古都西安上演,西安已被严密封锁了十天。在全世界,把一座大城封锁得“鬼哭狼嚎”,为找几颗土豆磕头求告的,为出门买一个馒头充饥挨打的,一人感染了,整栋楼的人都被拉到郊区隔离的,恐怕只有中国领导人习近平治下才有这样的“盛世景象”了。

许多观察人士不理解为何至今如此严苛?根据官方数字,至元月1日,西安确诊增至1573例,固然不可对此掉以轻心,但真用得着把一座千万人大城封死吗?一如时评人长平的描述:”整个城市瞬间变成大小牢笼“。而且,根据中国官方的报告,确诊者其中大多为轻症,哪又为什么要采取如此严苛的管治?

西安市政府从23日午夜12时起启动封城已进入第11天,物资配送严重混乱,不少当地人爆料"当地菜价飆涨买不到菜,几乎断粮"。一些从外地到西安工作的人、租屋者,没有管道采购食物,在网络上怨声载道,"租客都快饿死了政府也不管"、"不给送食物也不提供购买渠道"、"饥荒已经7天买不到一根菜了"。

一个视频显示,一名身穿白衣的少年要经过某个出入口,被几名防疫人员拦截到一边痛打。自由亚洲援引当地媒体报道,原来这名少年饿着肚子,出去卖馒头,但却遭到防疫人员拳打脚踢。引发社会不满。

网上还纷传,西安开始强制扑杀遭隔离居民家的宠物。一位网友说:“我朋友所在的那个宠物群已经哭倒一片,但是无能无力。”“长丰园,明德八英里那边,今天已经上门开始给宠物做安乐死。”

网友吴文行发出一段强制隔离视频:”西安两个城中村的人全部集中隔离,卖不出去的房子成为安置点! 所谓集中安置,就是变相拘留,没自由了,有病都不一定管“。

萌柴家的大豆豆证实了同样的情景:我闺蜜在位于市中心的雁塔区,亲身体验政府不作为。1,政策朝令夕改。2,不顾民生,发菜分配不均。3,为达到三天内社会面清零的目标,执行一家感染全楼拉到郊区和县城隔离的没人性措施。4,检测只顾快速完成完全不管社交距离。

维权网报道指出:“这是中国式抗疫。大陆西安抗疫混乱不堪,已演化成人为的人道主义危机。西安人民最害怕的是这样的生死隔离,而不是新冠病毒。”

2019年新冠疫情从中国武汉爆发,世界至今是一个大疫区。但为了抗疫让百姓水深火热的国家屈指可数。法国疫情相比西安严重多少倍,连续四日,确诊病例都超过二十万;欧美各国,奥米克戎新冠变种高速蔓延,每天感染的数字相当惊人,但都采取尽可能动员民众去打疫苗,去打加强针,遵守卫生规则,与疫苗长期共存的对策,市面上,行人不惊,跨年夜,香榭丽舍大道并没有封锁,让那些本国的、各国来的年轻人戴着口罩、抱着香槟守夜……

有人假设,难道中国的确诊数字不确,在武汉疫情最严重时期,外界对武汉的确诊和死亡数字曾提出过严重质疑;难道中国的国产疫苗效果不佳,连政府都失去了自信?打疫苗的人数极其庞大,但恐惧情绪丝毫未减?

中国的过度防疫政策已让全世界吃惊,这一切都与习近平的清零政策相关。清零手段,去年在云南瑞丽就走到了极限,曾担任过瑞丽副市长的戴荣里先生最后挺身而出为民请命,直言关死了城,管死了人。”请救救这个英雄的城市吧!“ 如今西安需要封锁到如此地步吗?

网上广泛流传着一段话:“有网友给西安的朋友打电话,问西安的疫情控制住了没有。西安的朋友答,疫情控没控制住我不知道,但我知道人是真被控制住了 !”

华尔街日报日前报道,北京中央政府的一些官员参考国外经验,建议抛弃“动态清零”,与病毒共存。该报引述知情人士称,“习近平当时很生气”,甚至质问官员们的思想是否正变得松懈麻痹?要求继续贯彻清零政策。

清零,不惜一切清零,官员们明知无法清零,还要高呼清零,因为习近平要求清零,清零成了他们保住乌纱帽的必要手段。西安人为此倍遭煎熬,但是,前中央党校教授蔡霞怒斥中国国家主席习近平在发表新年贺词时,只字未提西安。

西安的做法为何如此残酷?从陕西省委书记刘国中的表态可窥一斑:元月一日晚,这位书记称,我们正经历一场大战大考,要做到“我在阵地在”,“元月4日必须实现社会全面清零的目标”,“B类人员管控转运工作要做到快速、坚决、全到位,必须实现当日清零!”

科普作家方舟子就此评论:“陕西省委要求4日西安必须实现社会清零的目标,还剩三天,病毒不会那么听话的,把西安人都转移到外地隔离,有病例不算西安的,就实现清零目标了。也可能和上海一样,拿到了尚方宝剑,有病例隐瞒不报,那也可以瞬间清零。”

陕西省委的“军令状”让一些网友害怕,一位网友说,”他们清零清到让人生不如死,就是为了一顶乌纱帽。“

作家慕容雪村引用一段对话可谓一针见血:”这么下去,那些重病在家的,那些孤独无依的,那些有身体障碍的......是会活活饿死的。“”是啊,也应该知道,他们并非死于病毒,也不是死于匮乏,而是死于统治。“

https://www.rfi.fr/cn/%E4%B8%AD%E5%9B%BD/20220102-%E6%B8%85%E9%9B%B6%E4%B8%8D%E8%A6%81%E5%91%BD-%E5%8F%AF%E6%80%9C%E8%A5%BF%E5%AE%89%E4%BA%BA

stockraider

31,556 posts

Posted by stockraider > 2022-01-03 11:46 | Report Abuse

Lets study why China can sustained its development & success while USA will faltered in the long run by analysing the fake & misleading point highlighted by uncensored below loh:

China, the country that has gone through one of the fastest economic transformations the world has ever seen.

You see, for the last 30 years, China's economy has grown significantly. Due to industrialization. China has achieved similar economic growth which previously took decades to achieve for the western world. The country has managed to become the world's factory and the 2nd biggest economy. But in recent times things have been changing, and not in a good way. In today's video, we are going to talk about the problems which have been weighing down the Chinese economy to the point where economists are starting to question its impact on global growth. We can see the results of all these problems in the GDP growth of the country. The Chinese economy expanded 4.9 percent year-on-year in the third quarter of 2021, decreasing sharply from a 7.9 percent growth in the previous period and slightly missing the market prediction of 5.2 percent.

You might be knowing two major events that impacted China's growth, first the energy crisis, and second is the real estate crisis. Apart from these there are a couple more which we will talk about in the later part of the video.

First let's look at the energy crisis. The energy shortage has severely impacted the manufacturing sector of China's, which contributes heavily to exports. China’s energy crisis had pushed the government to extend power restrictions in at least 20 provinces and regions, as they struggled to cope with the power shortage. This has affected more than 66% of the country’s GDP. Several companies closed their operations as millions of homes in the country faced a blackout situation. Still, even after a few months of struggle China has not come out of it.

Now Amid this power shortage, the Chinese economy is stuck with another storm. The real estate crisis. And the Evergrand company is at the forefront of it. The fall of Evergrand has triggered the slowdown in the Chinese economy as the real estate sector has been driving the growth of the economy for too much, and for too long. We all have seen a lot of footage of ghost cities in China where many buildings are empty and nobody lives there. China is home to one of the largest number of unoccupied apartments in the world. In this graph, you can see China's reliance on the real estate sector compared to other countries. China is far more reliant on real estate than any of these nations and the only nation that comes close to it is Spain in 2008, and we all know how that bubble burst for Spain's economy. Also, many experts are comparing China’s real estate investment model to the housing crisis of the United States in 2008-09. Both countries had placed their bets on housing demand and prices going up exponentially, and had thus made provisions for cheap credit. The only difference was the motivation.

In America, banks were using subprime loans to create financial products. In China, cheap credit was ensured for developers by both state-backed financial institutions and offshore private investors to fuel the Chinese growth story. But now after this bubble has burst in China, other countries are in fear that the fall could spread to other regions of the world like it did in the 2008-09 crisis.

Now there is another reason that no one really talks about, that is the massive infrastructure spending. Yes, we always talk about how infrastructure spending is good for the economy and all, but unplanned and unrequired spending could be dangerous. For instance, let's talk about China's massive high-speed rail transport infrastructure program. You see, in the early 2000s, the Chinese economy was expanding at an incredible rate and many young job-seeking workers started to come to big cities in search of work. Now for workers to travel between cities to their native places was necessary, but air and personal cars are too expensive. So the Chinese government started to plan high-speed railway projects. Plus, to save the Chinese economy from the 2008-09 financial crisis, the government used these projects as a stimulus to the economy. Infrastructure projects like these are very effective to counter economic slowdown, as they created thousands of jobs, helped the local industries, and created a long-term sustainable income source. But there were many problems with it. Now we all know how China has capitalized upon its workforce. But this demographic advantage of the country is also fading away. We have already made a detailed video on this. Please click on the card above to watch that video. So at the end we can say it will be very interesting to see how China make their way out of these problems.

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 11:47 | Report Abuse

China Collapse: 4.4 Million China Small Companies Collapse | China Economy Fallout

China Collapse: 4.4 Million China Small Companies Collapse | China Economy Fallout

China economic fallout,
China GDP crises,
China electronic industry,
China News Today,
China weather News,
China Floods,
china manufacturing collapsed,
companies leave china,
china Economy,
china Real Estate crisis,
china GDP crisis,
china power shortage,
china Blackout,
Three Gorges Dam China,
Three Gorges Dam Update,
Three Gorges Dam Update Today,
China flood 2021 live,
three gorges dam,
china flood,
3 gorges dam,
flood,

https://www.youtube.com/watch?v=xrbI0wzVFB0

stockraider

31,556 posts

Posted by stockraider > 2022-01-03 11:52 | Report Abuse

China GDP growth rate at 4.9% are much better than most western countries including USA mah!

This bcos china can manage its economic sustainably better unlike the west bcos of good & strong leadership for CCP mah!

Looking at the logic mah...even china grow by 4.9% still it can outbeat the west with only growth of 0.5% to 3% pa mah!


"China, the country that has gone through one of the fastest economic transformations the world has ever seen.

You see, for the last 30 years, China's economy has grown significantly. Due to industrialization. China has achieved similar economic growth which previously took decades to achieve for the western world. The country has managed to become the world's factory and the 2nd biggest economy. But in recent times things have been changing, and not in a good way. In today's video, we are going to talk about the problems which have been weighing down the Chinese economy to the point where economists are starting to question its impact on global growth. We can see the results of all these problems in the GDP growth of the country.

The Chinese economy expanded 4.9 percent year-on-year in the third quarter of 2021, decreasing sharply from a 7.9 percent growth in the previous period and slightly missing the market prediction of 5.2 percent."!

stockraider

31,556 posts

Posted by stockraider > 2022-01-03 12:00 | Report Abuse

LETS LOOK AT ENERGY CRISIS LOH!

CHINA CHOSE NOT BE THE POLLUTERS FOR THE BENEFIT WORLD MAH!
THUS IT CHOSE TO USE LESS COALS & FOSSIL FUELS MAH!
AS A RESULT THERE IS A SHORTAGE OF POWER LOH!

BUT THIS IS TEMPORARY, BCOS CHINA IS THE BIGGEST GREEN POWER PRODUCER IN THE WORLD MAH!
COMPRISES OF SOLAR, HYDRO AND WIND WHICH ALREADY FAR EXCEED THE USA MAH!

BUT DUE TO OVERWHELMING STRONG DEMAND CHINA HAD DECIDED RECENTLY TO ALLOW MORE USE OF FOSSIL FUELS AND COALS TO CATER FOR THE GOOD DEMAND FOR ENERGY LOH!

ON TOP OF THIS CHINA INVESTMENT INTO GREEN ENERGY ON TRACK TO FURTHER EXPAND MAH!

"You might be knowing two major events that impacted China's growth, first the energy crisis, and second is the real estate crisis. Apart from these there are a couple more which we will talk about in the later part of the video.

First let's look at the energy crisis. The energy shortage has severely impacted the manufacturing sector of China's, which contributes heavily to exports. China’s energy crisis had pushed the government to extend power restrictions in at least 20 provinces and regions, as they struggled to cope with the power shortage. This has affected more than 66% of the country’s GDP. Several companies closed their operations as millions of homes in the country faced a blackout situation. Still, even after a few months of struggle China has not come out of it."

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 12:08 | Report Abuse

The Problem of False Chinese Economic Data
China has a long history of opaqueness when it comes to reporting economic statistics.

Although the communist regime claims the economic numbers it reports are factual, a new report by the New York Federal Reserve shows China’s gross domestic product growth volatility is incredibly—and unbelievably—low compared to other countries.

The report details how China’s reported data is too smooth over time compared to authentic statistics, and debunks it further by comparing it with other sources of information, such as satellite images of nighttime lights, which reveal wider fluctuations in economic activity than the official Chinese statistics.

Unfortunately, opaqueness in Chinese GDP growth rates is just the tip of an iceberg of secrecy. As a recent report by The Heritage Foundation notes:

How China sets its overall budget, the actual size of its military budget, the relationship among various political factions, and even how specific decisions may be staffed are all elements that the [People’s Republic of China] deliberately strives to conceal. Nonetheless, as the world’s second-largest economy, as a permanent member of the U.N. Security Council, and as a major power, the PRC has to provide some information about its economy, its political positions, and its various national and international endeavors, if only to interact with other states and economies

The statistics China provides cannot be trusted, however; and their inaccuracies have wide implications for global markets in commodities, international investments, and for companies doing business with China.

As China becomes more integrated with global markets, the risk of surprise shocks or unforeseen damage to financial markets and to connected economies around the world from the false official Chinese statistics looms large.

In response, The Heritage Foundation earlier this year launched a China Transparency Initiative to facilitate global action to maximize exposure of the Chinese government’s manipulation and withholding of data. A recent event at Heritage shined a bright spotlight on the Chinese Communist Party’s role in that behavior.

China ranks only 103rd out of 180 countries ranked in the 2020 Index of Economic Freedom, and the opaque nature of government decision-making in state-owned enterprises and regulatory and investment activities is a big part of the problem.

The China Transparency Initiative and more reports like that from the New York Federal Reserve will hopefully shed some much-needed light into the dark cavern that is official Chinese economic statistics.

This piece originally appeared in The Daily Signal

https://www.heritage.org/international-economies/commentary/the-problem-false-chinese-economic-data

stockraider

31,556 posts

Posted by stockraider > 2022-01-03 12:16 | Report Abuse

ON THE FALL OF REAL ESTATE OF CHINA, IT IS ACTUALLY ENGINEERED BY THE CHINA GOVT BY KEEPING INTEREST RATE COMPARATIVELY HIGHER, REFUSES TO DO QUANTITATIVE EASING LIKE THE WEST, DEFLATE HIGH PROPERTY PRICES & REFUSE TO BAIL OUT EVERGRANDE LOH!

THE MAIN OBJECTIVE IS TO FIGHT INFLATION & SPECULATION AND ALSO TO AVOID BAIL OUT THE INEFFICIENT COMPANIES WHERE MOST OF THEIR BONDS ARE PURCHASE BY FOREIGNERS MAH!

CHINA HAS PROMISE TO TAKE CARE ALL THE HOUSE & PROPERTIES BUYERS AND THE EMPLOYEES LOH!

ONLY AFTER THE BOND HOLDERS HAD TAKEN A SUBSTANTIAL HAIR CUTS AFTER RESTRUCTURING WILL CHINA LOOK INTO PUMPING IN LIQUIIDITY TO THE COMPANY LOH!

MEANWHILE CHINA GOVT JUST BUY OUT THE UNCOMPLETED PROJECT AT CHEAP AND STILL CAN COMPLETE THE CONSTRUCTION UNTIL COMPLETION MAH!

CHINA ACTION IS VERY RATIONAL MAH!
IT DO NOT WANT TO BENEFIT SPECULATORS MAH!

CHINA IS SMART COMPARE TO USA SUB-PRIME CRISIS WHERE USA THROW HELICOPTER MONIES BUT CHINA WILL NOT DO THAT MAH!

CHINA SPEND INTELLIGENTLY AT A SMALL FRACTION OF THE COST COMPARE TO USA LOH!

"The real estate crisis. And the Evergrand company is at the forefront of it. The fall of Evergrand has triggered the slowdown in the Chinese economy as the real estate sector has been driving the growth of the economy for too much, and for too long. We all have seen a lot of footage of ghost cities in China where many buildings are empty and nobody lives there. China is home to one of the largest number of unoccupied apartments in the world. In this graph, you can see China's reliance on the real estate sector compared to other countries. China is far more reliant on real estate than any of these nations and the only nation that comes close to it is Spain in 2008, and we all know how that bubble burst for Spain's economy.

Also, many experts are comparing China’s real estate investment model to the housing crisis of the United States in 2008-09. Both countries had placed their bets on housing demand and prices going up exponentially, and had thus made provisions for cheap credit. The only difference was the motivation."

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 12:20 | Report Abuse

130 million apartment units unoccupied & more to come with the property tax | unfinished buildings
On October 18, China's National Bureau of Statistics released China’s economic data for the third quarter, showing that the country's GDP grew by 4.9% compared to last year over the same period. This data is not as good as market expectations, and it is also far lower than the 18.3% and 7.9% growth rates in the previous two quarters.
In September, investment by real estate developers fell 3.5% year-on-year, apartment unit sales fell 16.9%, and the floor area of new construction projects started in that month fell 13.5%.
With the continued weakness of the real estate market and expectations of the government's imposing property tax, China's real estate stocks plunged yet again. So far, China's real estate stocks have generally fallen by about 20% this year.
On October 15th, the CCP’s media "Qiushi" magazine published Xi Jinping's speech on promoting "common prosperity", with the title "Solidly Promoting Common Prosperity." The article mentioned property tax, saying that "we must actively and steadily advance the legislation and reform of property tax, and do a good job of piloting."
Property tax has been one of the controversial topics during the past 10 years. In fear that the property tax would jeopardize the real estate market, and there has been resistance from officials, it has been difficult for the authorities to implement the policy nationwide. This time, the official media published Xi Jinping's speech, indicating that the authorities are really going to start collecting the property tax this time.
According to the Chinese media Caixin.com, China promulgated the "Property Tax Interim Regulations' ' in 1986, imposing a property tax on owners of commercial and renting residential properties. In 2011, the authorities assigned Shanghai and Chongqing as pilot sites to levy property taxes on homeowners.
So can China's real estate tax reduce the gap between the rich and the poor, and achieve common prosperity? According to the pilot operations in Shanghai and Chongqing, the property taxpayers will be the so-called middle class who own more than one apartment unit and have a relatively high-end life. It is precisely the target of the CCP scavenging for wealth. But for those who unfortunately bought unfinished units, the property tax can only increase their burden. The main purpose of the collection of property taxes is to increase local government's revenue, which may allow officials to get more bonuses but has no effect on increasing the income of ordinary people. The so-called common prosperity is nothing more than a shroud for the CCP to plunder wealth from its people.

https://www.youtube.com/watch?v=aEhvGrWzesY

enning22

2,869 posts

Posted by enning22 > 2022-01-03 12:31 | Report Abuse

diehard people like kyy, q333, stockraider, etc ,etc just cannot agree or accept on what you suggest.They would say all fake news.

stockraider

31,556 posts

Posted by stockraider > 2022-01-03 12:32 | Report Abuse

COMING TO CHINA HUGE INFRASTRUCTURE, IT IS MEANT TO MAKING CHINA HIGHLY COMPETITIVE & EFFICIENT MAH!

INFRA IS A VERY GOOD INVESTMENT, AS CHINA SPENDING ON THINGS THAT BRING ECONOMIC BENEFITS WHEREAS USA ARE SPENDING ON RUBBISH LIKE BITCOIN OR CYRTO AND WARS, THAT GIVE NO ECONOMIC BENEFITS OTHER THAN SUPPORT CRIMINALS WITH MONEY LAUNDERING INTENTS AND CREATE SUFFERING TO THE WORLD LOH!

IN TERMS OF INFRA NETWORK, QUALITY AND CAPACITY,DUE TO NEGLECT THE USA ARE 20 YRS BEHIND CHINA LOH!

THIS MEANS CHINA WILL CONTINUE PROGRESS BETTER AND SUSTAINABLE COMPARE TO USA MAH!

HAVING SAY THAT , U WILL NOTICE THAT USA IS A COUNTRY THAT ALWAYS GONE THRU MANY BOOM & BURST, THAT CREATE ALOT OF WASTAGE & SUFFERING TO ITS PEOPLE LOH!
THIS SITUATION IS NOT SUSTAINABLE ESPECIALLY USA ON DECLINE, THIS WILL EVENTUALLY LEAD TO UPRISING OF ITS PEOPLE LOH!

EVENTUALLY USA LIBERAL DEMOCRACY WILL BE DISMANTLE IN THE NEXT 50 YRS AND THEY WILL ADOPT CHINA TYPE OF MODEL MERIT DEMOCRACY SYSTEM WHICH ARE FAR SUPERIOR, FOR COMMON PROSPERITY OF ITS PEOPLE LOH!

"Now there is another reason that no one really talks about, that is the massive infrastructure spending. Yes, we always talk about how infrastructure spending is good for the economy and all, but unplanned and unrequired spending could be dangerous. For instance, let's talk about China's massive high-speed rail transport infrastructure program. You see, in the early 2000s, the Chinese economy was expanding at an incredible rate and many young job-seeking workers started to come to big cities in search of work. Now for workers to travel between cities to their native places was necessary, but air and personal cars are too expensive. So the Chinese government started to plan high-speed railway projects. Plus, to save the Chinese economy from the 2008-09 financial crisis, the government used these projects as a stimulus to the economy. Infrastructure projects like these are very effective to counter economic slowdown, as they created thousands of jobs, helped the local industries, and created a long-term sustainable income source. But there were many problems with it. Now we all know how China has capitalized upon its workforce. But this demographic advantage of the country is also fading away. We have already made a detailed video on this. Please click on the card above to watch that video. So at the end we can say it will be very interesting to see how China make their way out of these problems."

stockraider

31,556 posts

Posted by stockraider > 2022-01-03 12:46 | Report Abuse

WHY IS IT CHINA IS SO SUCCESSFUL AND USA IS NOT LEH ?

THE KEY IS CHINA GETS ITS PRIORITY RIGHT MAH!

COMING TO CHINA HUGE INFRASTRUCTURE, IT IS MEANT TO MAKING CHINA HIGHLY COMPETITIVE & EFFICIENT MAH!

INFRA IS A VERY GOOD INVESTMENT, AS CHINA SPENDING ON THINGS THAT BRING ECONOMIC BENEFITS WHEREAS USA ARE SPENDING ON RUBBISH LIKE BITCOIN OR CYRTO AND WARS, THAT GIVE NO ECONOMIC BENEFITS OTHER THAN SUPPORT CRIMINALS WITH MONEY LAUNDERING INTENTS AND CREATE SUFFERING TO THE WORLD LOH!

IN TERMS OF INFRA NETWORK, QUALITY AND CAPACITY,DUE TO NEGLECT THE USA ARE 20 YRS BEHIND CHINA LOH!

THIS MEANS CHINA WILL CONTINUE PROGRESS BETTER AND SUSTAINABLE COMPARE TO USA MAH!

HAVING SAY THAT , U WILL NOTICE THAT USA IS A COUNTRY THAT ALWAYS GONE THRU MANY BOOM & BURST, THAT CREATE ALOT OF WASTAGE & SUFFERING TO ITS PEOPLE LOH!
THIS SITUATION IS NOT SUSTAINABLE ESPECIALLY USA ON DECLINE, THIS WILL EVENTUALLY LEAD TO UPRISING OF ITS PEOPLE LOH!

EVENTUALLY USA LIBERAL DEMOCRACY WILL BE DISMANTLE IN THE NEXT 50 YRS AND THEY WILL ADOPT CHINA TYPE OF MODEL MERIT DEMOCRACY SYSTEM WHICH ARE FAR SUPERIOR, FOR COMMON PROSPERITY OF ITS PEOPLE LOH!
ON THE FALL OF REAL ESTATE OF CHINA, IT IS ACTUALLY ENGINEERED BY THE CHINA GOVT BY KEEPING INTEREST RATE COMPARATIVELY HIGHER, REFUSES TO DO QUANTITATIVE EASING LIKE THE WEST, DEFLATE HIGH PROPERTY PRICES & REFUSE TO BAIL OUT EVERGRANDE LOH!



CHINA MAIN OBJECTIVE IS TO FIGHT INFLATION & SPECULATION AND ALSO TO AVOID BAIL OUT THE INEFFICIENT COMPANIES WHERE MOST OF THEIR BONDS ARE PURCHASE BY FOREIGNERS MAH!

CHINA HAS PROMISE TO TAKE CARE ALL THE HOUSE & PROPERTIES BUYERS AND THE EMPLOYEES LOH!

ONLY AFTER THE BOND HOLDERS HAD TAKEN A SUBSTANTIAL HAIR CUTS AFTER RESTRUCTURING WILL CHINA LOOK INTO PUMPING IN LIQUIIDITY TO THE COMPANY LOH!

MEANWHILE CHINA GOVT JUST BUY OUT THE UNCOMPLETED PROJECT AT CHEAP AND STILL CAN COMPLETE THE CONSTRUCTION UNTIL COMPLETION MAH!

CHINA ACTION IS VERY RATIONAL MAH!
IT DO NOT WANT TO BENEFIT SPECULATORS MAH!

CHINA IS SMART COMPARE TO USA SUB-PRIME CRISIS, WHERE USA THROW HELICOPTER MONIES BUT CHINA WILL NOT DO THAT MAH!

CHINA SPEND INTELLIGENTLY AT A SMALL FRACTION OF THE COST COMPARE TO USA LOH!

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 13:13 | Report Abuse

Electricity bills for major chemical industries in China increase by 70%
Electricity 70% UP
Electricity 70% UP
Electricity 70% UP
Electricity 70% UP
Electricity 70% UP
Electricity 70% UP

According to Aboluo Wang, after a nationwide unannounced power cut, the Chinese government has raised electricity prices for coal-fired power production in more than 20 provinces.

In that, those of major chemical producers such as Shandong and Jiangsu were seeing a 70% increase in electricity bills.

https://www.youtube.com/watch?v=-U3yszXcUas

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 13:30 | Report Abuse

China's SUPER RICH are SUPER POOR by ADVChina 435K subscribers
We go to Beverly Hills, California to compare the rich and powerful in China vs. the USA. There are massive differences in quality of life in China vs America. We break down, food, education, cars, houses, and more!

https://www.youtube.com/watch?v=Y0IvTwBWUpE

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 13:41 | Report Abuse

Power Outages Across China, Capitalism Steps in to Save the Day!
Recent power outages across China root mainly from Xi Jinping's trade war with Australia. Since the Aussies asked for an independent investigation into COVID, the CCP refuses to back down and buy Australian coal, instead telling their citizens to stock up on candles for the winter... Seriously, I'm not making that up.

https://www.youtube.com/watch?v=048ly_YFCUc

henry888

2,247 posts

Posted by henry888 > 2022-01-03 13:58 | Report Abuse

1) Funny predicted China downfall, why US is cracking her head and make every efforts/form alliance to counter China ?? why???
2) Why US wanted to taper bond ??? US debts has reached an unbearable limit. Will burst soon..

I am not worried China will drag world into trouble, but am worried overprinting of US currency which will drag world into unbearable inflation. As long as countries using USD, they would have to share the consequences of inflation.

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 14:08 | Report Abuse

So did you invested in properties? Properties still a good investment that hedged against inflation.

Pinky

3,217 posts

Posted by Pinky > 2022-01-03 15:58 | Report Abuse

hahahahaha it's that Kuomintang fanboi again HAHAHAHAHAHA

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 16:53 | Report Abuse

little pinky communist is here hahaha

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 16:54 | Report Abuse

China’s huge navy becomes a massive headache for it
China has ended up building a huge Navy that hardly threatens its rivals, but has become a huge headache for the communist nation itself. Watch the video, to know more.

https://www.youtube.com/watch?v=SEzlTVn80a4

Beltland

612 posts

Posted by Beltland > 2022-01-03 16:58 | Report Abuse

Falun Gong strong supporter ...HaHaHa

ahbah

6,059 posts

Posted by ahbah > 2022-01-03 17:11 | Report Abuse

China's uprise just onli started, now downfall started ?

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 17:11 | Report Abuse

qqq3333 oh...you are here. Welcome
hahaha

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 17:15 | Report Abuse

Second Generation Rich RUIN China's Image by ADVChina
We discuss why the second generation rich people in China ruin the image of China and Chinese people.

https://www.youtube.com/watch?v=Iccr2gsi0hk

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 17:19 | Report Abuse

This Is War! Elon Musk JUST IGNORED China’s LAST WARNING
The CEO of SpaceX Elon Musk found himself in hot water with China recently, after Chinese citizens lashed out online against the billionaire. China complained that its space station was forced to take evasive action to avoid collision with satellites launched by Musk’s Starlink project and this was not the first time SpaceX’s satellites drifted dangerously close to superpower’s space station.

So, how has Elon Musk responded to this recent incident? Let’s find out!
Hey guys! Welcome back to our channel Elon Musk Evolution where we tell you all the latest news about Elon Musk and his multibillion companies. In today’s video we are going to talk about the recent Space explosion that was about to happen between China’s space station and SpaceX’s Starlink satellite. And how Chinese web users slammed the world’s richest man Elon Musk for it? If you want to find out more, then stay with us until the end of the video. Also, before we start the video don’t forget to hit like, subscribe to our channel and ring the bell icon for more amazing videos. And let’s get started!

China began construction of the space station in April with the launch of Tianhe, the largest of three modules and the station is expected to be completed by the end of 2022. However, recently this space station was forced to take evasive action to precent collision with satellites launched by Musk’s Starlink program. According to a document submitted by China earlier this month to the United Nation’s space agency, the satellites from Starlink’s internet service division had two close encounters with the Chinese space station on July first and October 21st. The hi-tech service casts internet to customers in remote areas who have limited access to traditional internet service providers.

Critics claimed the SpaceX vessel had potential to put the "life or health of astronauts" on board in danger. According to Chinese representatives:
"For safety reasons, the China Space Station implemented preventive collision avoidance control,"

Chinese officials have asked the US space agency to remind the nations that under an international agreement called the outer Space treaty, the satellites launched by the United States:

"bear international responsibility for national activities in outer space, whether such activities are carried on by governmental agencies or by non-governmental entities".

The complains have not been independently verified and as for SpaceX, the company has not immediately responded about the incident. On One of China’s microblogging website, a Chinese user slammed Elon Musk and said that Starlink’s satellite are just a pile of space junk while another describes them as American space warfare weapons.

With over 30,000 satellites orbiting the earth and other debris in space, scientists have urged to share the data to reduce the risk of catastrophic space collisions. SpaceX alone has launched almost 1900 satellites till now, to serve its star like broad band network and is planning to send even more.

Another user at the microblogging website posted:
“the risks of Starlink project are being gradually exposed. The whole human race will pay for their business activities”

https://www.youtube.com/watch?v=dHDtjFEQxfs

Beltland

612 posts

Posted by Beltland > 2022-01-03 17:24 | Report Abuse

Falun Gong Malaysia branch? hahahaha

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 17:25 | Report Abuse

hahaha aiyo what you so bias. Please tell me what wrong with them

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 17:28 | Report Abuse

Beltland... still drinking your mother milk ah... So what said by CPC is wrong means wrong meh...
Hahahaha...
You old already looo think for yourself once in your life time la...

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 17:30 | Report Abuse

Trillion dollars flee: Chinese people try to move their money abroad (China Insights)
Chinese people and the government have been battling it out over foreign currencies for years. The Chinese are trying every means possible to convert the Renminbi they have into foreign currencies to preserve the value of their wealth.

China's national TV reported on October 29th that the Shanghai Public Security Bureau uncovered the first case of illegal exchange of foreign currency using game point cards.

Covering a wide range of stories about or related China and its role in the world.

https://www.youtube.com/watch?v=rAdkx9uo2hs

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 17:36 | Report Abuse

China's Highways: the fastest money printing machine in the world/ Broken and continue to build
The Chinese Communist Party (CCP) tries to convince the world of its system superiority through the rapid development of infrastructure, including high-speed rail and expressways.
Since 1988 when China built its first expressway, expressways in mainland China have proliferated. In 2012, China surpassed the United States for the first time with its 96,000 kilometers of expressways.

https://www.youtube.com/watch?v=mud7uHCBHhU

Beltland

612 posts

Posted by Beltland > 2022-01-03 17:45 | Report Abuse

Malaysia, Singapore etc ,member of the Non-Aligned Movement.

Falun Gong got no market in Malaysia. Back to Taiwan and Hong Kong !!

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 18:18 | Report Abuse

What are you trying to say ? Why are you so concern? Are you interested to join ?

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 18:21 | Report Abuse

Beltland if you are interested to join please ask qqq3333 as she said she happened to meet some members of the group in KL.

uncensored

2,694 posts

Posted by uncensored > 2022-01-03 18:26 | Report Abuse

No la... from China

Beltland

612 posts

Posted by Beltland > 2022-01-03 20:55 | Report Abuse

One moment said you are a white man after that claimed yourself from Cina .
A typical Falun Gong liar !!

supersaiyan3

3,125 posts

Posted by supersaiyan3 > 2022-01-03 22:10 | Report Abuse

Yes, definitely.

There are only three possibilities:

1. Primary student Xi invaded Taiwan and face multiple international sanctions, China goes back to 70s. Saving the world from Global warming though because Chinaman will be riding bicycle again.

2. The babaru burst, then China will be like Japan, no growth for 30 years (because their problems such as deficit, ageing population, SOE, local debts etc are much more severe).

3. The open-minded leaders of China had enough, overthrown Xi and regain international trust.

We would like to hope for option no. 3, but Chinese care about own family only, hard to see how no.3 happen.

You know German had the same issues 100 years ago, that's why it happens twice (WWI and WWII), China had Mao they correct it, then there is Xi. So that's a structural problem which is hard to avoid.

densim

280 posts

Posted by densim > 2022-01-03 22:16 | Report Abuse

Its not the 4.9% Growth thats an envy for many nations. But its the Growth enough to sustain Full Employment...

supersaiyan3

3,125 posts

Posted by supersaiyan3 > 2022-01-03 22:30 | Report Abuse

For those still think China is doing well, they still live in 2017.

When I read Paul Krugman's "The Myth of Asia's Miracle" 25 years ago, I disbelieve so. But he was right. Figures and science doesn't lie. Now, Paul Krugman is saying China has reached the bubble burst moment, highly probable that he is right again. China will be like Japan and not like Lehman brothers.

Figure doesn't lie. When Opium war happened, China was the world's largest economy. So what? Now no.2 also doesn't mean a thing, and they are fucing poor compare to before. China's printed money is 220b yuan, its more than the combine of US, EU, UK and Japan. And (noob) people still talks about US printing money. (QE is not printing money, but that's opinion).

Malaysia debt is 65% GDP, US 100% and China is anyway between 280 to 800%. Local counties has been defaulting bonds (that's unimaginable under an open system) and Xi already said won't be responsible to any of it.

When Xi took over in 2013, China had 4 trillion USD reserve, now net amount left with 600b USD. Highly likely they are "borrowing" from HK reserve already.

Figure doesn't lie, go FC. Hopeless "little pink"

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