You're not wrong but It's more so the Government and the reaction of other Countries to it's aggression. They forgot without Western and Japanese Investment they are just bad farmers. With investment and their good work ethic the sky WAS the limit.
@@kcw0809 Correction: Their work ethic under foreign management. Chinese can't produce anything good on their own without screwing consumers. "A subordinate, under hourly scrutiny, is capable of efforts often surpassing, individually those common in foreign companies. But a subordinate out of sight in a enterprise is a dangerous liability, an opportunist weighing the advantages of working for his employer or working covertly against him." - "Ways that are dark: The Truth About China" by Ralph Townsend (Former US Consul who lived in 1930s China)
@@patrickt49 Traditionally, China had excellent art, architecture, products (silk, clothing, ships, porcelain, palaces). But then they became obsessed with being like Americans --- cars, suits, technology, semi-Eurasian-appearance --- yesterday, so they trip up.
To cheat and be dishonest - means to be "witty" in Chinese mentality. You can see how these characteristics are being promoted and considered smart in Chinese anime. And Chinese don't see anything wrong in such behavior. That's why I would never trust any Chinese person - for them to cheat you is not something bad
I live and work in China. I know this channel and I support them sharing the news. Though it seems worse than it actually is, the change here in China is noticeable. For years it's been done the same way: They find a new business model, oversaturate, destroy it, leave the remainings behind and move on to something else. The problem this time is that there aren't much businesses left to saturate. Everything done in the name of greed. No hundred year old companies, you see no love for the work among commonfolk here. Everything is driven by greed. When done, leave.
Thanks for sharing your insights. Honestly, we need these kind of statements to drive away the paid bots popping up now and then spreading the same s#!+ as usual, calling these kind of videos "Western Propaganda".
@@NMN-p4bnaah dont change the topic we are talking about your china. Poking everyone when everyone starts to poke back gonna blame it to other guy typical chinese.
Who would eat at a restaurant full of food that had remained unsold for months? The frugal restaurant owners would keep the unsold food past normal dates in order to avoid wasting it. And when a customer shows up, feed that stuff to him.
@@RafalgaThe people have been treated like beaten dogs for centuries and haven't known any other perspective. They say "Don't bite the hand that feeds you", but man do I look forward to seeing those teeth
The blame lays squarely with the CCP, and the burden of the resultant bureacracy, who thought the "investments" in foreign countrues and the building of artificial islands in the South China Sea was more important than looking after Chinese workers. They have proven that the boom was not a genuine, long term one.
Oh dear. Another person who believes the anti-dowager empress propaganda. FYI, she did not such thing. She wasn't in control of the Boxers. The Iron Hats controlled everything. Tsu-Hsi, or Cixi, was just a figurehead. The west made up stories about her and the communists found it convenient to perpetuate them.
@@kcw0809 Chinese who have experienced prosperity in modern times is not on the same level as during Ci Xi's time thereby creating a lot of resentment.
That undoubtedly is affecting all of South China. The CCP is cutting off its nose to spite its face. Let Hong Kong thrive again and it will be a benefit for all of China. Of course, then others might want the freedom HK had so the CCP can't let that happen.
The CPP had a Goose that laid Golden Eggs in Hong Kong when it was handed over by the British at the end of the 99 year lease. They un-alived it for short-term profits over letting it thrive for long-term gain. Just like everywhere else in China.
Those riots have consequences and when those investment bankers moved to Singapore, their money followed. The pandemic also showed us we rely too much on Chinese manufacturing so now many US firms have diversified to other Asian countries. If you think it's bad now, wait 10 years when we shift even more business away.
Not destroyed but hobbled. Hong Kong was the Test Case for Taiwan. Now the Taiwanese see how China handles Hong Kong. So they say...No Thanks...we're not ready. Come back when you're a Democracy.
Yeah dude, that's how we felt. I graduated as a top-notch engineer in 2010 and nobody was hiring because all manufacturing went to China. So I went to China to teach English for a quarter of a normal salary.
They seem to be the opposite of the Japanese. The Japanese perfect their craft and have family businesses lasting 100+ years, they value others satisfaction over profits. Why do the Chinese treat each other like this? I dont understand how 2 countries can be so different.
The answer is America. After wwII, re-industrialization with American money and industry, made Toyota the standard for Japanese businesses. China has craftsmen in silk and pottery, but Mao hated the west and abused the land for industry. Japan's stagnation could be from Confucian traditionalism, same for Korea.
The irony was China built those factories on their coasts. So all that pollution would blow over to South Korea, which is why they are struggling with air pollution from China now.
After the U.S. initiates and normalizing relation with China in the early 70s, the relationship grew from then. By around 1980, U.S. corporate leaders were sent over to China to discuss serious plans. The rest of the events followed, including China opening up and Shenzhen was established as a special economic zone due to its proximity to Hong Kong. Hong Kong has been the largest and earliest investor in mainland China since the early 80s. Combined investments in China was still relatively small until the 90s when investments greatly surge. Hong Kong was still relatively poor during 70s. Its economy grew from the investments and cheap labor of mainland China. By the 90s, Hong Kong's economy grew very rapidly and then became known as the international financial center of Asia.
Well the only purpose of china is to get the technology of company from other country and copy it with numbers of low prices product. So After the sanctions from US and its allies and china's spending on military than economy. China slowly living now with their funds to sustain the slow decreasing of economy plus their stock market is rigged the only winner is CCP not the companies unlike in US stocks. So the best option is to leave the country sell the properties and cut losses.
"our economy is tanking, our citizens losing jobs, our international investors leaving, we have no money! what do we do!?" *fine the rest of the citizens... AND I MEAN HUGE FINES*
And it only took 5 years…how the mighty have fallen. Just so you know, Americans are not eating out like before and our mighty leaders are also killing the substrate of commerce.
I only know of Chinese New Year. But I think the larger issue is that they created so many new shopping holidays that center around spending money. So it can all blend together.
They only have one, I think you're confusing their other "holidays" or shopping events, such as Singles Day, which is November 11 (or 11/11), and China's "National Day" which was last October
The Chinese depend on holiday shopping just like America. They just have different days. Honestly, I'm broke now since I observe both shopping holidays. I'm pretty sure I didn't need 10 carbon fiber fishing poles.
the multinational global corporations do this to every country they move their factories into. eventually wages rise, and they move on to poorer countries. they did this to canada 50-40 years ago. you will learn to adapt. you will learn to create a sustainable economy that doesnt rely on manufacturing
You built cities and shops but you constantly berate and lampoon your intended customers and guests on your TVs. When they come, you arrest them on trumped up charges. You setup partnerships but rip off your partner
Not sure if government inspections are completely bad, or in part. Why the restaurants and other shops are fearful and closing their shops? Very likely it is because they do not comply with security measures, have poor hygiene conditions, or are completely illegal businesses. Those who do their job right , and work according to the laws of hygiene security, etc. should not fear the inspectors. But there will be always something not done correctly and they face fines.
Inspectors should point to the owners what is wrong, make a list of things to correct, and give the owner a period of time to correct the faults; in the next inspection, if the owner did not comply, then a fine should be given.
Bureaucracy will seek to overregulate. Businesses in Denmark are getting fined if they accidentally write the wrong date on the inspection paper. You saw it in this video with a minor crack in the wall. There's no health concern from that, but the owner is getting fined regardless. Rules should be: 1. Don't sell expired food. 2. Prepare food properly. 3. Wash hands and clean tools used.
Just today saw a helpful Baoan harassing every pretty girl on a scooter who didn't have her helmet on perfectly. As always the problem with communist ideology is it assumes away human greed and faults--assuming that if you tell people to be selfless they will be. And then if you are on the sharp end of a misbehaving agent of the state, there is no room for auditing their actions as this highlights the fundamental flaw.
look at China. looks at all the help and boosting the west did. we wanted their population to join the world economy. everything you see, these cities. the west did that for China and they abused it like a bunch of gangsters. the entire country is rouined and its because the CCP won't relent to fix these things and their ambitions for the world are absurd. if they just focused on themselves and actually tried to be decent but the CCP has made that impossible. this is why people are so desperate and doing things just to hang on to whats left of the corrupt economy which is just adding more theft and scams
Some people are already disputing if they still are second since they constantly lie about their GDP numbers on paper. Look up the "Martinez Method". He used mathematical methods to estimate China's GDP. They also used lights emitted by the cities as a benchmark for economic activity. They found that China overestimated their GDP which only enforces the fact that their GDP numbers are fabricated
I'm 51yrs old. $40,000 weekly and *I'm retired, this video have inspired me greatly in many ways that I remember my past of how I struggled with many things in life to be where I am today!!!!* ❤️
After I raised up to 325k trading with her I bought a new House and a car here in the states also paid for my son's surgery (Oscar). Glory to God.shalom.
This video replicates the same hollowing-out we here in America experienced in our factory towns. Our companies and machinery were sent to China. Our towns became empty and poor while the "Chinese Miracle" happened.
China cannot recover under current leadership except through war. They have the industrial experience and academic personnel to rebuild, but need benevolent leadership to deregulate and stop taxing businesses to death. How is Taiwan doing?
The US is next, we printed and handed out too much money as well. Our economy is 35% worse than 2007 peak bubble, so the crash that's coming will be a lot worse than 2008, and unemployment will be higher than 2009's peaks.
You cannot understand the mentality. Business owners take the profits straight away, they not care about workers. Once they get the money they take it. They have no understanding of how to run a business. They take everything and not give a tiny rats arse for everyone else. I am a laowai, I have proved myself on my skills for teaching, and have real degrees, but I have not been paid. They create thousands of rmb. I leave next week. I truly am disgusted how bosses treat staff who bring in such huge money. I have zero sympathy , go cry at my grave
I think it's also important to point out that Korean tech companies like LG and Samsung are not innovating fast enough to keep up with the demand for parts that can sustain AI technology and its corollary technologies. The demand for liquid crystal screens that Chinese factories would produce for these Korean companies is just no longer there, and the market is demanding for newer tech that China cannot produce. Korean store owners closing up shop is also a direct result of the rise of e-commerce. Why sustain a physical store front when you can just transfer everything online and run it out of a single space or warehouse? It's sad to see these stores go, but I don't think it's unusual either. I see the same thing happening in my country's own koreatowns, which are growing increasingly smaller.
I've lived in Guangzhou for the past 9 years, I haven't noticed a major slowdown for most of the places I frequent (except for massive construction projects), but I don't spend a lot of time on Beijing Rd. I might swing by this weekend and check it out. I'd be surprised if it is empty, but a reduction in overall business (crowds) is certainly possible.
@@wheezysqueezebox7651hogwash....Brexit was destroyed by 645 MPs who did everything to stop, distort, corrupt the aim..Aim... But despite the EU I see a positive future for the UK
It is a fair point that this is a global phenomenon due to demographics, internet, etc. The Chinese version is particularly stark though as these are ten year old sparking shopping malls just empty of customers. It's the mal-investment that's striking given they are sitting next to slums that weren't improved.
The channels of those who spent time doing business and/or traveling through China speak of the casualties of foreign investors and merchants who were absolutely hosed by fraud and unscrupulous business activities. It happens so often that the victims are people they know personally. There are Koreans in the US who have had to start their lives over because they poured money into an enterprise in China, only to see their Chinese partners vanish.
I wonder how long until people start starving? The CCP should care, because when you've lost everything, you've got nothing to lose! I feel extreme sadness for the suffering which Chinese people will endure in the near future.
Wolf warrior diplomacy was stupidly arrogant and is destroying Chinas industries. The world will not tolerate an arrogant Chinese bully. It is a tragedy for the hardworking people of China.
It's happening all over the world at a smaller scale, E commerce is a huge job killer for physical retail and F&B. China just has it the worst since they made everything so accessible with their mega apps WeChat and Alipay. But this phenomenon is coming, Amazon and Grab among others are aiming to be come the mega apps of the west and if enough people decide to use them for everything, brick and mortar will die. Personally I prefer going down to buy my stuff physically, but the convenience can't be denied. China may just be the canary in the coal mine for the rest of us.
If the Quality of your Product is Best Quaĺity and Well Made and CONSISTENT Quality you would have no Problem with people willing to pay more for it GREED and Corruption are.your problems
Not true, take a look at Tesla, they are the lowest quality cars in China, yet Chinese are actually too stupid to buy a better car because Elon has convinced them only rich people drive Teslas.
That's BS. Shopping malls are not just meant for people doing purchase. Shopping malls are community area where people meet people interact and away from their tiny home for a place to escape.
i feel the same way in the USA. The truth is that we're all suffering and China has finally caught up to Western standards. I make 80k a year in NYC and that ain't worth anything.
Give them time. They must've had a lot of sources to cross-check for facts, even those published by state-run media. Then again, it's not gonna be easy discerning the actual rates if the government has censorship apparatuses active in case such information does make their way to the internet, but I'll agree with you on the fact that this information they spewed out should be taken with a grain of salt
@ThemePro24 Please pay attention, they were playing a clip of someone *else* speaking colloquially. It's an exaggerated way to say "almost everyone" or some variation of that. Is this honestly the first time you've heard someone use a statistic as a figure of speech? "99% of people who do x also do y" "Where's your evidence that it's exactly 99%?!"
CN law forbids outdoor work when temperature is above 34 degrees, and magically the official temperature rare exceeds that when multiple people with thermostats show its past 38. Large scale "accidents" are often covered up, unreported and rarely exceed 34 fatalities, because over that number officials get punished. It's a joke of a place, the thousands of tofu buildings somehow all passed inspection. What reliable data in such a place?
Thanks for the reporting. I feel for the hardworking people of China. It seems there are going to be difficult times ahead. I hope that change comes peacefully.
That's funny, I just came back from Shenzhen and Guangzhou for my first holiday in China and I saw a vibrant city, big malls are pretty empty on weekdays but overcrowded on weekends. Best holidays ever 😁
Communism is a policy meant for survival. Chinas rapid growth combined with their communist policies is the reason why citizens can never escape the “every man for himself” mentality. How do you have a whole generation of educated citizens and expect them to work on a communist salary of 1000-2000rmb , all while spending billions of dollars building ports and trying to conquer surrounding nations in an attempt to expand? How do you expect capitalism to work when you take equity in a company once it grows into something worthwhile?
I don’t know if these reports are true or not. These reports make it seem like China is falling apart but the world governments seems to behave as if they’re doing great.
The common people are a separate entity from large corporation. An economy may be healthy overall, but that doesn't mean the little guy is doing well. Take Russia as an example, if you work in making missiles and tanks, you are doing very well, but I'm sure the fast food worker is praying a Korean gets sent to the front lines instead of him.
![ออร่า (AURA) - JUEPAK feat. SARAN [OFFICIAL MV] | เอแคลร์ จือปาก](http://i.ytimg.com/vi/RY9j7Lzp-FI/mqdefault.jpg)
It’s their own fault Chinese being dishonest, cheats, bad attitudes.
With a focus on quantity over quality, the average consumer will eventually lose interest and spend their money elsewhere.
You're not wrong but It's more so the Government and the reaction of other Countries to it's aggression. They forgot without Western and Japanese Investment they are just bad farmers. With investment and their good work ethic the sky WAS the limit.
@@kcw0809 Correction: Their work ethic under foreign management. Chinese can't produce anything good on their own without screwing consumers.
"A subordinate, under hourly scrutiny, is capable of efforts often surpassing, individually those common in foreign companies. But a subordinate out of sight in a enterprise is a dangerous liability, an opportunist weighing the advantages of working for his employer or working covertly against him." - "Ways that are dark: The Truth About China" by Ralph Townsend (Former US Consul who lived in 1930s China)
@@patrickt49 Traditionally, China had excellent art, architecture, products (silk, clothing, ships, porcelain, palaces). But then they became obsessed with being like Americans --- cars, suits, technology, semi-Eurasian-appearance --- yesterday, so they trip up.
To cheat and be dishonest - means to be "witty" in Chinese mentality. You can see how these characteristics are being promoted and considered smart in Chinese anime. And Chinese don't see anything wrong in such behavior. That's why I would never trust any Chinese person - for them to cheat you is not something bad
I live and work in China. I know this channel and I support them sharing the news. Though it seems worse than it actually is, the change here in China is noticeable. For years it's been done the same way: They find a new business model, oversaturate, destroy it, leave the remainings behind and move on to something else. The problem this time is that there aren't much businesses left to saturate. Everything done in the name of greed. No hundred year old companies, you see no love for the work among commonfolk here. Everything is driven by greed. When done, leave.
Thanks for sharing your insights. Honestly, we need these kind of statements to drive away the paid bots popping up now and then spreading the same s#!+ as usual, calling these kind of videos "Western Propaganda".
This! Their locust mentality was mentioned even in the Bible.
For you trying to say this is a damn lie and you know it!! CHINA IS FAILING AND IF IT CONTINUES CHINA WONT BE CHINA IN TEN YEARS!!
like locusts... bug mentality...
Would you say the per capita GDP of the average Chinese is insufficient to keep the Chinese economy going or even take off?
Are you surprised? When you make enemies all around your neighbours
That's India in a nutshell
@@NMN-p4bnaah dont change the topic we are talking about your china. Poking everyone when everyone starts to poke back gonna blame it to other guy typical chinese.
When a leader thinks he's better than everyone else, he's given a reality check.
Reality, uve hoord if spollchaker
We all need a roelitt check from time to time.
Who would eat at a restaurant full of food that had remained unsold for months? The frugal restaurant owners would keep the unsold food past normal dates in order to avoid wasting it. And when a customer shows up, feed that stuff to him.
Yep, that's China for ya...!
Are you on drugs? Food gets rotten, who would keep it "for months"? and then "feed it to customers"? Do you live in a dream world or something?
They even do it in the US!!!BEWARE of shopping at any Asian market,it’s happened to me on more than one occasion…& not by a month or two,by YRS
Shit happens when you deal in bad faith. Karma has your GPS coordinates
and that karma is going to turn up there in buckets..!!!
Shit will come in truck loads in all of China, I almost feel sorry for the people.
@@RafalgaThe people have been treated like beaten dogs for centuries and haven't known any other perspective. They say "Don't bite the hand that feeds you", but man do I look forward to seeing those teeth
Bad faith? I didn't know ShortFatOtaku was involved with Chynah...
Yooza Hindoo?
Good.
The blame lays squarely with the CCP, and the burden of the resultant bureacracy, who thought the "investments" in foreign countrues and the building of artificial islands in the South China Sea was more important than looking after Chinese workers. They have proven that the boom was not a genuine, long term one.
Xi Jinping is acting like Empress Cixi; he wants to pick fight with everyone like empress Cixi during Boxer's rebellion, but he will eventually fail
Oh dear. Another person who believes the anti-dowager empress propaganda. FYI, she did not such thing. She wasn't in control of the Boxers. The Iron Hats controlled everything.
Tsu-Hsi, or Cixi, was just a figurehead. The west made up stories about her and the communists found it convenient to perpetuate them.
Time comes for everyone, but how will your bank book look by the time he "retires".
Except the Empress had a better case.
@@kcw0809 Chinese who have experienced prosperity in modern times is not on the same level as during Ci Xi's time thereby creating a lot of resentment.
She was a disaster for China but she was really good at staying in power :(
Zero sympathy . they only have themselves to blame.
I think the CCPs rules and culture has been a bit of an influence
Randy and Mickey had plenty to blame after their date with the Pangolin.
Therefore, Communists cannot live in Capitalists lifestyle and doing business as capitalists in a Communist Country actually is absurd.
now we all know. The world didn't realize that in the 1970s, especially Kissinger and Nixon, who had another primary intention at that time.
@YSL-001-x6p
Never trust politicians, even King David and King Solomon made mistakes
I see Hong Hong was also destroyed
That undoubtedly is affecting all of South China. The CCP is cutting off its nose to spite its face. Let Hong Kong thrive again and it will be a benefit for all of China. Of course, then others might want the freedom HK had so the CCP can't let that happen.
The CPP had a Goose that laid Golden Eggs in Hong Kong when it was handed over by the British at the end of the 99 year lease. They un-alived it for short-term profits over letting it thrive for long-term gain. Just like everywhere else in China.
Those riots have consequences and when those investment bankers moved to Singapore, their money followed. The pandemic also showed us we rely too much on Chinese manufacturing so now many US firms have diversified to other Asian countries. If you think it's bad now, wait 10 years when we shift even more business away.
Not destroyed but hobbled. Hong Kong was the Test Case for Taiwan. Now the Taiwanese see how China handles Hong Kong. So they say...No Thanks...we're not ready. Come back when you're a Democracy.
Less foreign tourists, less migrant workers...
@@russiansolaris9159
The higher, the fewer
Yeah dude, that's how we felt. I graduated as a top-notch engineer in 2010 and nobody was hiring because all manufacturing went to China. So I went to China to teach English for a quarter of a normal salary.
And?
turning back into the trash heap it started from
The pressure builds. Where and how will it release?
They seem to be the opposite of the Japanese. The Japanese perfect their craft and have family businesses lasting 100+ years, they value others satisfaction over profits. Why do the Chinese treat each other like this? I dont understand how 2 countries can be so different.
The Japanese has been stagnate since the 80's. What are you talking about?
A government, a genocide, and a famine only survived by people willing to rat out their innoncent neighbors for being 'spies'.
You just said it: these are 2 different countries and 2 ethnic groups. Would you compare Spanish with Swedish?
The answer is America. After wwII, re-industrialization with American money and industry, made Toyota the standard for Japanese businesses. China has craftsmen in silk and pottery, but Mao hated the west and abused the land for industry. Japan's stagnation could be from Confucian traditionalism, same for Korea.
@DD-rs6mn well kinda. Since 90 but they intentially had a bubble to change the culture
SKorean were the first to enter China when they opened up. Build factories first, and the whole world enters the Chinese market.
First to enter, and last to leave. Wanting to appeal to a good neighbour, or appeasing a bad one. I wonder which it is?
The irony was China built those factories on their coasts. So all that pollution would blow over to South Korea, which is why they are struggling with air pollution from China now.
I thought it was the Taiwanese...but maybe not. Or maybe there's not much difference. But the S Koreans were definitely quick on the uptake.
After the U.S. initiates and normalizing relation with China in the early 70s, the relationship grew from then. By around 1980, U.S. corporate leaders were sent over to China to discuss serious plans. The rest of the events followed, including China opening up and Shenzhen was established as a special economic zone due to its proximity to Hong Kong. Hong Kong has been the largest and earliest investor in mainland China since the early 80s. Combined investments in China was still relatively small until the 90s when investments greatly surge. Hong Kong was still relatively poor during 70s. Its economy grew from the investments and cheap labor of mainland China. By the 90s, Hong Kong's economy grew very rapidly and then became known as the international financial center of Asia.
the greedeeness of china
The decoupling is working 👍🏻👍🏻👍🏻.
why did Korean left? they are faithful good people.
They’re probably getting cheated
Kim needed them to go to Ukraine.
@@Kunfucious577For what?
Well the only purpose of china is to get the technology of company from other country and copy it with numbers of low prices product. So After the sanctions from US and its allies and china's spending on military than economy. China slowly living now with their funds to sustain the slow decreasing of economy plus their stock market is rigged the only winner is CCP not the companies unlike in US stocks. So the best option is to leave the country sell the properties and cut losses.
"our economy is tanking, our citizens losing jobs, our international investors leaving, we have no money! what do we do!?"
*fine the rest of the citizens... AND I MEAN HUGE FINES*
They can always fine Elon, he has billions to spare.
And it only took 5 years…how the mighty have fallen. Just so you know, Americans are not eating out like before and our mighty leaders are also killing the substrate of commerce.
Wait til your Orange Bloat takes over.. He takes orders from Putin who wants to destroy the US and Suckup Scump will do it for him.
I was in Guangzhou last month and didn't see anything like this. Street were fill with thousands of people
How many new years do they have? Seems like everything depends on few days of holidays each year.
I only know of Chinese New Year. But I think the larger issue is that they created so many new shopping holidays that center around spending money. So it can all blend together.
Go celebrate Lunar New Year in Taiwan.
They only have one, I think you're confusing their other "holidays" or shopping events, such as Singles Day, which is November 11 (or 11/11), and China's "National Day" which was last October
@@ragingtyga they also celebrated a new year with exploding moon mooncakes sometime back.
The Chinese depend on holiday shopping just like America. They just have different days. Honestly, I'm broke now since I observe both shopping holidays. I'm pretty sure I didn't need 10 carbon fiber fishing poles.
Koreans left to join the BTS and BlackPink armies fighting against martial law in South Korea 😂😂😂😂
the multinational global corporations do this to every country they move their factories into. eventually wages rise, and they move on to poorer countries. they did this to canada 50-40 years ago. you will learn to adapt. you will learn to create a sustainable economy that doesnt rely on manufacturing
You built cities and shops but you constantly berate and lampoon your intended customers and guests on your TVs.
When they come, you arrest them on trumped up charges.
You setup partnerships but rip off your partner
Not sure if government inspections are completely bad, or in part. Why the restaurants and other shops are fearful and closing their shops? Very likely it is because they do not comply with security measures, have poor hygiene conditions, or are completely illegal businesses. Those who do their job right , and work according to the laws of hygiene security, etc. should not fear the inspectors. But there will be always something not done correctly and they face fines.
Inspectors should point to the owners what is wrong, make a list of things to correct, and give the owner a period of time to correct the faults; in the next inspection, if the owner did not comply, then a fine should be given.
Bureaucracy will seek to overregulate. Businesses in Denmark are getting fined if they accidentally write the wrong date on the inspection paper.
You saw it in this video with a minor crack in the wall. There's no health concern from that, but the owner is getting fined regardless.
Rules should be: 1. Don't sell expired food. 2. Prepare food properly. 3. Wash hands and clean tools used.
In America we just accept that all Chinese restaurants are dirty unless they are owned by someone from Hong Kong, Shanghai or Taiwan.
Just today saw a helpful Baoan harassing every pretty girl on a scooter who didn't have her helmet on perfectly. As always the problem with communist ideology is it assumes away human greed and faults--assuming that if you tell people to be selfless they will be. And then if you are on the sharp end of a misbehaving agent of the state, there is no room for auditing their actions as this highlights the fundamental flaw.
Now they are crying when they were pushing foreign countries and companies out 😂😂
when you bully and upset the world, this is the outcome.
look at China. looks at all the help and boosting the west did. we wanted their population to join the world economy. everything you see, these cities. the west did that for China and they abused it like a bunch of gangsters. the entire country is rouined and its because the CCP won't relent to fix these things and their ambitions for the world are absurd. if they just focused on themselves and actually tried to be decent but the CCP has made that impossible. this is why people are so desperate and doing things just to hang on to whats left of the corrupt economy which is just adding more theft and scams
Literal locust mentality, destroy everything and leave nothing
The CCP forced companies/factories to move further inland to places like chongqing, hubei and sichuan..
Thank you buddy
The world's second biggest economy? let's see how long that last's 😊
Let's see how long the US economy lasts with all the violence in the streets, the homeless everywhere, crackheads in every cities....😅
They are never going to beat Russia to the bottom.
Some people are already disputing if they still are second since they constantly lie about their GDP numbers on paper. Look up the "Martinez Method". He used mathematical methods to estimate China's GDP. They also used lights emitted by the cities as a benchmark for economic activity. They found that China overestimated their GDP which only enforces the fact that their GDP numbers are fabricated
Chinese buy everything online now. It is extremely convenient for them, especially the elderly. I'm sure this has an impact.
I'm 51yrs old. $40,000 weekly and *I'm retired, this video have inspired me greatly in many ways that I remember my past of how I struggled with many things in life to be where I am today!!!!* ❤️
Hello how do you make such?? I'm a born Christian and sometimes I feel so down myself because of low finance but I still believe in God
It's Maria Frances Hanlon doing, she's changed my life.
I do know Ms. Maria Frances Hanlon, I also have even become successful....
Absolutely! I've heard stories of people who started with little to no knowledge but made it out victoriously thanks to Ms. Maria Frances Hanlon.
After I raised up to 325k trading with her I bought a new House and a car here in the states
also paid for my son's surgery
(Oscar). Glory to God.shalom.
If people resist by closing, the CCP will simply start issuing fines for not remaining in business (on top of confiscating the property and assets).
This video replicates the same hollowing-out we here in America experienced in our factory towns. Our companies and machinery were sent to China. Our towns became empty and poor while the "Chinese Miracle" happened.
Is it possible for at least one Chinese netizen to appear on a video without a filter? NO, I GUESS NOT
China cannot recover under current leadership except through war. They have the industrial experience and academic personnel to rebuild, but need benevolent leadership to deregulate and stop taxing businesses to death. How is Taiwan doing?
Rise up People of China
I’m really sorry to see this,
Looks pretty grim.
great news.
The US is next, we printed and handed out too much money as well. Our economy is 35% worse than 2007 peak bubble, so the crash that's coming will be a lot worse than 2008, and unemployment will be higher than 2009's peaks.
We can just take whatever Elon isn't using.
At 11:12 the translation is completely wrong. Who did that? It should be, "The owner/boss's mood is bad. Today, the shop rests (is closed)."
You cannot understand the mentality. Business owners take the profits straight away, they not care about workers. Once they get the money they take it. They have no understanding of how to run a business. They take everything and not give a tiny rats arse for everyone else. I am a laowai, I have proved myself on my skills for teaching, and have real degrees, but I have not been paid. They create thousands of rmb. I leave next week. I truly am disgusted how bosses treat staff who bring in such huge money. I have zero sympathy , go cry at my grave
I think it's also important to point out that Korean tech companies like LG and Samsung are not innovating fast enough to keep up with the demand for parts that can sustain AI technology and its corollary technologies. The demand for liquid crystal screens that Chinese factories would produce for these Korean companies is just no longer there, and the market is demanding for newer tech that China cannot produce. Korean store owners closing up shop is also a direct result of the rise of e-commerce. Why sustain a physical store front when you can just transfer everything online and run it out of a single space or warehouse? It's sad to see these stores go, but I don't think it's unusual either. I see the same thing happening in my country's own koreatowns, which are growing increasingly smaller.
I've lived in Guangzhou for the past 9 years, I haven't noticed a major slowdown for most of the places I frequent (except for massive construction projects), but I don't spend a lot of time on Beijing Rd. I might swing by this weekend and check it out. I'd be surprised if it is empty, but a reduction in overall business (crowds) is certainly possible.
Let us know what you see when you swing by
Go to nearly any town in UK and you will also see shops closed and empty. There is money around but not in the high streets.
Same in the great cities of California
Predictable result of Brexit. It's not going to improve any time soon.
@@wheezysqueezebox7651hogwash....Brexit was destroyed by 645 MPs who did everything to stop, distort, corrupt the aim..Aim...
But despite the EU I see a positive future for the UK
It is a fair point that this is a global phenomenon due to demographics, internet, etc. The Chinese version is particularly stark though as these are ten year old sparking shopping malls just empty of customers. It's the mal-investment that's striking given they are sitting next to slums that weren't improved.
It’s a different scenario. China is not spending billions trying to ethnically replace their native population at breakneck speed.
The channels of those who spent time doing business and/or traveling through China speak of the casualties of foreign investors and merchants who were absolutely hosed by fraud and unscrupulous business activities. It happens so often that the victims are people they know personally. There are Koreans in the US who have had to start their lives over because they poured money into an enterprise in China, only to see their Chinese partners vanish.
Empty containers from China are worth more than full ones. Full ones you have to pay to take the contents to the dump.
Ignore Adam Smith at your peril.
And you all know who you can thank for the hardships right? 😮
I wonder how long until people start starving?
The CCP should care, because when you've lost everything, you've got nothing to lose!
I feel extreme sadness for the suffering which Chinese people will endure in the near future.
😮wow! It’s all gone! This is really bad.
i even don't know there is a Korean town in Guangzhou. who said that Beijing road is korean town?
Wolf warrior diplomacy was stupidly arrogant and is destroying Chinas industries. The world will not tolerate an arrogant Chinese bully. It is a tragedy for the hardworking people of China.
It's happening all over the world at a smaller scale, E commerce is a huge job killer for physical retail and F&B. China just has it the worst since they made everything so accessible with their mega apps WeChat and Alipay. But this phenomenon is coming, Amazon and Grab among others are aiming to be come the mega apps of the west and if enough people decide to use them for everything, brick and mortar will die. Personally I prefer going down to buy my stuff physically, but the convenience can't be denied. China may just be the canary in the coal mine for the rest of us.
Right. It's the same here in Russia. Most physical shops are empty, no people on the streets, everyone orders everything online.
Place looks like a Left 4 dead map
If the Quality of your Product is Best Quaĺity and Well Made and CONSISTENT Quality you would have no Problem with people willing to pay more for it GREED and Corruption are.your problems
Not true, take a look at Tesla, they are the lowest quality cars in China, yet Chinese are actually too stupid to buy a better car because Elon has convinced them only rich people drive Teslas.
really slumps when beijing road looked like that. HLin 3/13/24
Why do you show videos of Shanghai when discussing Guangzhou?
Shanghai is prettier than Guangzhou and it's probably stock footage, but most likely interchangeable.
@@thieupham493it's not interchangeable if the video is specifically about Guangzhou
@@seth1455 What's the difference between one trashy Chinese city and another? That's like comparing labor camps.
Soon there will be no one left to fine.
Man if they think it’s bad now wait for a couple years
OOFconomy goes OOF!
Online shopping made shopping malls obsolete. People don't go out to shop and eat anymore, everything is delivered.
That's BS. Shopping malls are not just meant for people doing purchase. Shopping malls are community area where people meet people interact and away from their tiny home for a place to escape.
@malayaharimau people do that on social media now. Do try to keep up.
@@dcc70 you keep up. Not everyone lives online, even very young people.
I guess online and mall’s prices are almost close, moreover you can enjoy, take pics in malls or do joy rides or other fun activities 😂
@@John-fk2ky what are you doing here? Don't you have a mall to go to?
Winnie-the-Pooh is who you get to thank
I said years ago that this was going to happen! 😮
a song comes to mind by jackson brown. runnin on empty..
BTW where are Chinese girls....Singapore? it all started when HGK was turned into a economic jail
Its now GuangGONE.
👉🦅 Someone poked an eagle in the eye. Eagle Pokers.
i feel the same way in the USA. The truth is that we're all suffering and China has finally caught up to Western standards. I make 80k a year in NYC and that ain't worth anything.
God, how do you live? 80K in NYC is barely enough to eat at McDonalds.
@@thieupham493this is absurd.
Did you hear south Korea declared martial law
Where’s the evidence that 90% of the residents have zero income? How can we take any of your video seriously when you float ridiculous numbers?
Give them time. They must've had a lot of sources to cross-check for facts, even those published by state-run media. Then again, it's not gonna be easy discerning the actual rates if the government has censorship apparatuses active in case such information does make their way to the internet, but I'll agree with you on the fact that this information they spewed out should be taken with a grain of salt
@ThemePro24 Please pay attention, they were playing a clip of someone *else* speaking colloquially. It's an exaggerated way to say "almost everyone" or some variation of that. Is this honestly the first time you've heard someone use a statistic as a figure of speech?
"99% of people who do x also do y" "Where's your evidence that it's exactly 99%?!"
Well CN official statistics are pretty inflated as well from gdp, growth, trade to even population.
CN law forbids outdoor work when temperature is above 34 degrees, and magically the official temperature rare exceeds that when multiple people with thermostats show its past 38. Large scale "accidents" are often covered up, unreported and rarely exceed 34 fatalities, because over that number officials get punished. It's a joke of a place, the thousands of tofu buildings somehow all passed inspection. What reliable data in such a place?
No,, no, that's just the percentage of Chinese who don't report their income so they don't have to pay taxes.
In USA is 100x worst...
So what is your plan to survive?
Suck up to Elon
Karmic retribution for being a bully to the world 😂. LMAO
Thanks for the reporting. I feel for the hardworking people of China. It seems there are going to be difficult times ahead. I hope that change comes peacefully.
That's funny, I just came back from Shenzhen and Guangzhou for my first holiday in China and I saw a vibrant city, big malls are pretty empty on weekdays but overcrowded on weekends. Best holidays ever 😁
Lesson: don't bully 😂😂😂
Can somebody teach the narrator how to pronounce the name of the city he's talking about.
90% of people have 0 income ? Seems like Anchor took too much marijuana😂
Communism is a policy meant for survival. Chinas rapid growth combined with their communist policies is the reason why citizens can never escape the “every man for himself” mentality. How do you have a whole generation of educated citizens and expect them to work on a communist salary of 1000-2000rmb , all while spending billions of dollars building ports and trying to conquer surrounding nations in an attempt to expand? How do you expect capitalism to work when you take equity in a company once it grows into something worthwhile?
Hohoho hmmm another poorly paid black propaganda…hmmm so pity.so pity.
They should ask the Russians for help.
long live xi
I don’t know if these reports are true or not. These reports make it seem like China is falling apart but the world governments seems to behave as if they’re doing great.
The common people are a separate entity from large corporation. An economy may be healthy overall, but that doesn't mean the little guy is doing well. Take Russia as an example, if you work in making missiles and tanks, you are doing very well, but I'm sure the fast food worker is praying a Korean gets sent to the front lines instead of him.
Trump is king of the world it seems
Yes and Elon is his jester which means that Elon is secretly in charge.
This channel spreads propaganda and it's based in US but channel name is "China Observer". 😂
Tell CHINA govt leave EEZ OF PHILIPPINES
Wait for Trump to arrive. This is nothing.
Trump is only a pawn, it's going to be Elon pulling the strings.
Learn to farm in the unuse building
Very funny！！！
Karma
See.what a desperate channel to spread hate about China
15 min of bragging about china, learn live with basics, so do I😂
Communism