So they failed to depopulate thro covi.. now their plan is to die out the population through a bad economy. So basically no one can hold them accountable because nobody knows what nobody does. But it is in fact, all planned from the start
Finance and Business is my fields. I am now 63 and British living in Asia, but I can not see what the CCP could do or would do to stop this terrible decline. I see no end to it and really cant imagine how this situation can change for the better. Any one got any ideas??. I so please tell me. steven
I have 0 sympathy for this people, back then they are the one proud about their country and ruler of CCP, bragging about how advance their society is and wealth they have. They are the one who doesn't need any help and they have them all. I don't laughed at them but have 0 sympathy at them
@@Ukie88 "From personal experience with Chinese officials, observation of the Chinese at large, and drawing upon the experiences of many acquaintances whose service collectively has taken them all over China into areas no one person could know intimately, it is a reasonable conviction that there are not enough straightforward, honest Chinese available to man any kind of government there. This is not a personal cynicism. It merely phrases common and competent foreign judgment on the scene" - "Ways that are dark: The Truth About China" by Ralph Townsend (Former US Consul who lived in 1930s China)
The Chinese have been trying to push the CCP out since the 1980s. I feel bad for the Chinese and the Russians, their governments literally don't care about their people. At least in the West our governments are forced to care about their people or they loss power. The same can't be said for China and Russia.
I agree.. They act like all the world future is in their hands... They planned to conquer world economic, and treat others as their dog, but what they didn't know that GOD has plan, and GOD's plan is the best!!!
Yes,I think its not just changes in the economy , other countries have consumers...it's also Banks withholding money and employees not getting paid ,this of course means noone having money TO spend😳
If only CCP is honest and not steal tech from other foreign Company, and picking fights everywhere grabbing lands that is not yours it should have never happened if CCP played fair in every aspects
Too much leveraging on capital assets. Everyone thinks that capitalism will turn them into millionaires...the result is that no-one wants to spend, everyone wants to profit.
The reason is very simple. China went 100% ahead with e-commerce. People are having to work hard to make ends meet, and basic living costs are rising quickly. So consumers don't have time or money for shopping in store, especially when ping duo duo can sell things so cheap. Then it is a cycle, shops close because rents are too expensive, then people lose jobs and then they have even less disposable income. I don't know why society hasn't realised that e-commerce is destroying the fabric of modern society.
Wait, what? You're telling me that "lowe rents" lowers "business enthusiasm to open new stores"? Seems like if the rents go down and the demand for a product is unchanged then more businesses should open. And I'm not sure that business rent is an analog for product demand except very indirectly...
Businesses are closing IN HIGH RATE in Beijing for these reasons: 1) MONEY IS NOT CIRCULATING, People don’t have money to spend 2) HIGH UNEMPLOYMENT 3) High Real Estate Rent Cost 4) NO OPTISM in the future of the Economy
Prepaid cards are actually a problem for businesses. They allow a business to take in a certain amount of money without having to actually dispense anything, but the money is unearned revenue. They can't realize it on the books (at least here in the US) until the card is actually redeemed and, until then, it counts as a liability. However, they still get to spend the money. Then, when the customer comes in, they get goods and services in the value of the card (if they spend it all at one time) but the business gets no revenue. This is great for trying to draw people into the shop through gift cards or convenience for repeat customers, but it can never be allowed to become more than a small part of the revenue or it endangers the company. That's why many companies started to put shorter expiration dates on the cards or charge a monthly fee on the unused value of a card after, say, 3 or 4 months. So that they can move that money into the credit column, whether or not the customer wishes to spend the money. It forces customers to redeem them quickly rather than hang onto them and limits the outstanding value of the cards in circulation.
Give them 2 centuries of humiliation. What they've done to ASEAN countries like Laos, Cambodia and Myanmar are horrendous with all the human trafficking scam call centres. The corruption they bring to already corrupt African countries are also disgusting, not to mention them propping up Russia, North Korea and Iran.
Where's the guy from 'Living in China' with all his amazing and fascinating POSITIVE NEWS about the Chinese economy??? 😀😄😅😝😃😂😁😆💥⚡🔥🧟🤨🧐😵💫🤕😱😑😹🥺🤯😬😊😎🎆😀😄😅😝😃😂😁😆🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫
You mean Trump, the guy who’s economic policy was copied by his political opposition because it was popular amongst voters, and who already has a track record of establishing low cost of living for the middle and lower class workers during a presidential term. Yeah, that Trump😂😂😂
Most Chinese people can not afford upscale dining, anymore... The middle class is becoming poor. Those who could still afford it, no longer dare to show off!
This channel was dedicated to talking s hit about China while praising the Western culture. While in reality, despite the imperfection, China still holds up as the powerhouse.
![[LIVE] : ONE ลุมพินี 88 | คู่เอก "ป้อมเพชร vs อัสลามจอน"](http://i.ytimg.com/vi/1ZqTVVbMgbo/mqdefault.jpg)
![[MV] A leap of faith...ความเชื่อใจครั้งสุดท้าย (From "Petrichor the series")](http://i.ytimg.com/vi/U1piZH2CNXA/mqdefault.jpg)
Hold on, cause its gonna get a LOT worse for these people over the next 4 years
Yep, this is just the beginning. China's going to become really interesting, and probably not in a good way, for the rest of this decade.
th-cam.com/video/iJRuaYt-yAw/w-d-xo.htmlsi=z4bI3eAqRyAPYR2o
Try 20 years... The CCP knows that water and food are gonna be a HUGE issue. Maybe Russia will sell them some water but I wouldn't count on it.
So they failed to depopulate thro covi.. now their plan is to die out the population through a bad economy. So basically no one can hold them accountable because nobody knows what nobody does. But it is in fact, all planned from the start
@@nicholasrockall7308what will happen to chine in the near future? is that cause by online ecommerce business model?
Looks like Pooh is running out of hunny
Finance and Business is my fields. I am now 63 and British living in Asia, but I can not see what the CCP could do or would do to stop this terrible decline. I see no end to it and really cant imagine how this situation can change for the better. Any one got any ideas??. I so please tell me. steven
I have 0 sympathy for this people, back then they are the one proud about their country and ruler of CCP, bragging about how advance their society is and wealth they have. They are the one who doesn't need any help and they have them all. I don't laughed at them but have 0 sympathy at them
The system has failed the people and the people have lost respect for themselves.
They love to talk big. Oftentimes they either lie or exaggerate.
@@Ukie88 "From personal experience with Chinese officials, observation of the Chinese at large, and drawing upon the experiences of many acquaintances whose service collectively has taken them all over China into areas no one person could know intimately, it is a reasonable conviction that there are not enough straightforward, honest Chinese available to man any kind of government there. This is not a personal cynicism. It merely phrases common and competent foreign judgment on the scene" - "Ways that are dark: The Truth About China" by Ralph Townsend (Former US Consul who lived in 1930s China)
The Chinese have been trying to push the CCP out since the 1980s. I feel bad for the Chinese and the Russians, their governments literally don't care about their people. At least in the West our governments are forced to care about their people or they loss power. The same can't be said for China and Russia.
I agree.. They act like all the world future is in their hands... They planned to conquer world economic, and treat others as their dog, but what they didn't know that GOD has plan, and GOD's plan is the best!!!
No problem. Winnie will fix everything.
Let Jerry fix for you!
th-cam.com/video/iJRuaYt-yAw/w-d-xo.htmlsi=z4bI3eAqRyAPYR2o
th-cam.com/video/iJRuaYt-yAw/w-d-xo.htmlsi=z4bI3eAqRyAPYR2o
Let Jerry in China show you the real China!
Winnie is already pooping in its pants
He just allowed local administratives to borrow more money (aka more dept).
They closed their restaurant without APPROVAL!!!!! Really?? They closed because they had no money pay the rent.
Yes,I think its not just changes in the economy , other countries have consumers...it's also Banks withholding money and employees not getting paid ,this of course means noone having money TO spend😳
Thank you for your channel I do follow it as much as I can, don’t give up!!!!!
Wait a moment, 1.3 million new restaurants and 1.1 million closed again? That is a LOT, damn.
Threaten foreigners with baseless espionage charges, forget about direct foreign investment
If only CCP is honest and not steal tech from other foreign Company, and picking fights everywhere grabbing lands that is not yours it should have never happened if CCP played fair in every aspects
Yea and BBC with the mp3 banging went to the kfc and then the mcd too
CCP and honesty does not belong in the same sentence 😊
When the food sector collapse it's a sign of total economic social and political nightmare.🐓
Too much leveraging on capital assets. Everyone thinks that capitalism will turn them into millionaires...the result is that no-one wants to spend, everyone wants to profit.
No Future for the young
retire at 30 years old ...
😢
dont worry xi will invest more money in africa
The reason is very simple. China went 100% ahead with e-commerce. People are having to work hard to make ends meet, and basic living costs are rising quickly. So consumers don't have time or money for shopping in store, especially when ping duo duo can sell things so cheap. Then it is a cycle, shops close because rents are too expensive, then people lose jobs and then they have even less disposable income. I don't know why society hasn't realised that e-commerce is destroying the fabric of modern society.
Are the congress people oblivious to what’s happening around them.
Guess it's happening all around the world. Tauranga cbd in NZ is like a ghost town now,
People go to where money can be made and created.
@gavinlew8273 👍
CCP: Spend more money! Stop Saving!
Chinese People: No.
People say:go stay in your honey pot
Wait, what? You're telling me that "lowe rents" lowers "business enthusiasm to open new stores"?
Seems like if the rents go down and the demand for a product is unchanged then more businesses should open. And I'm not sure that business rent is an analog for product demand except very indirectly...
all these new businesses opening up and failing... do they not even do the basics like count foot traffic before opening?
Businesses are closing IN HIGH RATE in Beijing for these reasons:
1) MONEY IS NOT CIRCULATING, People don’t have money to spend
2) HIGH UNEMPLOYMENT
3) High Real Estate Rent Cost
4) NO OPTISM in the future of the Economy
If the food was any good any restaurant will always have customers. Only the good restaurants survived here in southern California since the shutdown
The more restaurants closing down the less the poor animals are getting slaughtered. Big win for the poor animals.
No just means people are eating more at home, and in that culture it also means more cat and dog meat!!!
Prepaid cards are actually a problem for businesses. They allow a business to take in a certain amount of money without having to actually dispense anything, but the money is unearned revenue. They can't realize it on the books (at least here in the US) until the card is actually redeemed and, until then, it counts as a liability. However, they still get to spend the money. Then, when the customer comes in, they get goods and services in the value of the card (if they spend it all at one time) but the business gets no revenue. This is great for trying to draw people into the shop through gift cards or convenience for repeat customers, but it can never be allowed to become more than a small part of the revenue or it endangers the company. That's why many companies started to put shorter expiration dates on the cards or charge a monthly fee on the unused value of a card after, say, 3 or 4 months. So that they can move that money into the credit column, whether or not the customer wishes to spend the money. It forces customers to redeem them quickly rather than hang onto them and limits the outstanding value of the cards in circulation.
Give them 2 centuries of humiliation. What they've done to ASEAN countries like Laos, Cambodia and Myanmar are horrendous with all the human trafficking scam call centres. The corruption they bring to already corrupt African countries are also disgusting, not to mention them propping up Russia, North Korea and Iran.
Where's the guy from 'Living in China' with all his amazing and fascinating POSITIVE NEWS about the Chinese economy???
😀😄😅😝😃😂😁😆💥⚡🔥🧟🤨🧐😵💫🤕😱😑😹🥺🤯😬😊😎🎆😀😄😅😝😃😂😁😆🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫
That Gweilo 60 fella may have ended up in XinJiang
He was always a liar, totally dishonest.
The same everywhere now except usa. But maybe it is worse in China because of house crisis and unemployment for youngs
san francisco’s downtown is a ghost town. half of downtown is deserted. 😂
The next POTUS will MAGA. The next PRC President will kow tow to Trump
👍👍
Thank you buddy
They only show you when it's closing time... All the same on every episode 😝😝😝
And this is before Trump gets into office!!! once Trump get into office China is sinking below the ocean😂😂😂😂
Trump, the guy who can’t even make a casino work? Hahahhaah
You mean Trump, the guy who’s economic policy was copied by his political opposition because it was popular amongst voters, and who already has a track record of establishing low cost of living for the middle and lower class workers during a presidential term. Yeah, that Trump😂😂😂
Money money money fuck human life 😔
Guess Pooh shouldn't have made a bat virus in a lab!
Travel to Norman, Oklahoma; we have work !
Most Chinese people can not afford upscale dining, anymore... The middle class is becoming poor. Those who could still afford it, no longer dare to show off!
😂😅😂😅😂😅😂😅😂😅
The United States is next! So, let's pump oil ?
Look to your leader, he knows everything. Or get another leader.
Same propaganda. Collapse tomorrow. Meltdown next week. Disintegated by next month. Here you go.
Same rant.
"This is propaganda"
"This is propaganda"
"This is propaganda"
Get a life!
@patrickt49 The world is indeed fed up with US propaganda.
Yet I see so many people not just Chinese saying china is the best and an automobile heaven saying BYD is the best and perfect 😂
This channel was dedicated to talking s hit about China while praising the Western culture. While in reality, despite the imperfection, China still holds up as the powerhouse.
Western culture is the best MEXICO IS A WEALTHY COUNTRY
Keep telling yourself that. Maybe one day it will come true.
RMB0.50 in your WeChat Pay account
Freedom of speech dear
Why can't they just work elsewhere in Africa aaaand: India, Europe, US, Japan, Korea, Russia 😝
because THEY ONLY SPEAK CHINESE ... and the CCP do not want to learn other language ..
A believer or denier¿ (the commercial) 😂 believe the jew perpetuated lie or you're wrong? 😂.
Bye bye beijing