China is divided into two economies, the "elite" economy and the "commoner" economy.

@WaveformV1.0

6 ай бұрын

Never been to China but it is essentially like this everywhere else in the World.

@Gumyulo131

6 ай бұрын

Absolutely, totally agree!

@piotrmajewski5978

6 ай бұрын

In Europe there are at least some social benefits. US and China seems both like dystopian nightmares to me.

@Anton43218

6 ай бұрын

​@@piotrmajewski5978not in Romania

I don't think the CCP is able to lie their way out, this time.

@kamsunleong6648

6 ай бұрын

Bruh. I just got back from Beijing. Don't be a lame brain to believe all this nonsense without question. Even though you maybe rabid anti China.

@kamsunleong6648

6 ай бұрын

Bruh. I just got back from Beijing. Dont believe everything you see without question.

@jackj5368

6 ай бұрын

I'm in Beijing, and what I'm seeing isn't good,@@kamsunleong6648.

@raevj

6 ай бұрын

@@kamsunleong6648 you are spouting BS.

@social3ngin33rin

6 ай бұрын

@@kamsunleong6648 Wu Mao spotted lol

My wife parents report malls and industry dying off, and companies go out of business and refuse to pay one years wages, they call layoff until spring and company packs up and moves out of China,

@jaywhite15_AL

6 ай бұрын

I'm sorry, 1 years wages? In what terms? I don't understand.

In CCP China, only the CCP members counts. Hence, CCP China GDP is a measure of only the CCP members wealth growth, and does not include the slaves economic demise. As such, the report of 5.2% is true as far as CCP is concerned. As long as CCP grow richer, it does not matter if the slaves get poorer.

@woobilicious.

6 ай бұрын

It's not even wealth growth of the elites, they're literally buying crap with debt to fill the lack of consumer demand

@stephanc6138

6 ай бұрын

slaves don't get poor tho. they jist reduce in numbers. which is fine as it minimise revolts.

@maryannbarogabaron6281

6 ай бұрын

@@stephanc6138 how to minimise the revolt if they're just starting due to nationwide unemployment, and savings they can't even withdraw. Do you think the people will just sit back, relax and enjoy their lives, while their stomach is empty? Who on earth could accept such kind of fate?

@josh09614

6 ай бұрын

​@@maryannbarogabaron6281Depends on how much brainwashed and indoctrinated they are, you know " This is arduous march that we comrades must endure quotes"😂

@killakam123321

6 ай бұрын

​@@stephanc6138they have people in the ccp that are against the president tho. Its not just poor people. China is a messy situation at this point

Can confirm this, i was in beijing recently, which i called home for more than 10 years and left last year. I blamed it on the cold winter weather first but the city was so empty and lifeless, even in sanlitun, i barely saw any foreigners on the streets. My favorite restaurant in gulou area was half empty on a friday evening!!! it was usually full even during weekdays in the evening. the boss told me that business became really bad around may 2023.

@royrosete7085

6 ай бұрын

there was vlog that 500K foreigners left Shanghai for geopolitical reasons and Shanghai is dying or already dead.... those hated westerners made and broke China.

CCP should worry more about it’s people instead of a piano player in London playing a piano in public.

@naekosl3059

6 ай бұрын

CCP is a vast group of people. The govt has various ministries each of which justifies their existence by taking on projects against people or companies that DARE to Oppose the CCP. So it is appropriate for one of their ministries to try to resolve Pianogate.

@lookoutforchris

6 ай бұрын

@@naekosl3059everything the CCP dies is cringe. They’re obviously stupid by western standards. Their spies are morons. No one would have known or cared for if they just walked away. Instead they approached the camera and put their faces across the whole internet by behaving like brats.

@gordo3582

6 ай бұрын

They should train their agents better while they are at it. 😂

@WhiteDragon689

6 ай бұрын

Dr K was set up to generate this brouhaha as a diversion tactic and try to stir up nationalism in China. Its backfiring.

This is what you get when you have a leadership that steals its neighbor's territories. Some people call it Karma.

For every person that hasn’t been paid for months or have been laid off there are hundreds of friends and family that are wondering when it’s going to happen to them and not spending a dime for anything unnecessary.

@FullMetalElric

6 ай бұрын

I bet there is a fortune hidden in every old auntie or uncles couch. Xi brought them back to the 70s LOL . Chinese banks lol,..

@pablosskates7067

6 ай бұрын

@@FullMetalElricretro ccp is best ccp. Back to the Stone Age!!!

@naekosl3059

6 ай бұрын

The money didn't all disappear. It just stopped circulating. An economy is based upon circulating money. Tencent is trying to purchase the Dungeons and Dragons (DnD) IP from Hasbro for example. So there is money out there even in media companies.

@_PatrickO

6 ай бұрын

It goes beyond that. CCP memebers aren't spending either because if they get recorded spending money or having fun in public, they will get in trouble. That is why new years spending has tanked so much, most people have no money and those that do are afraid to be see spending it. (this is better for the CCP because any money in any bank is free money for the CCP to steal)

@_PatrickO

6 ай бұрын

@@naekosl3059 You mean the newer and also crappy CEO of Hasbro Chris Cocks is trying to sell DnD to tencent to pad his personal wealth by gaming the stock price. Most companies these days are ran like the city of chicago when it sold its parking meters off, costing the city to lose billions of dollars in future revenue just to pad short term budgets for the city. Companies are all ran by vapid CEOs that only care about short term stock price, not customers and not products.

Economists call this "hysteresis". If you put a tourniquet on a limb too long, restoring circulation makes things WORSE.

@1439315

6 ай бұрын

30 minutes without oxygen/blood cells begin dying. For every minute of NO circulation your cells are NOT healthy. You only put on a tourniquet if you are NOT saving the limb OR as a last resort to save the blood from loss saving the rest of the body.

Confucius said: figures lie…liars figure.

Let it be known that the average Chinese citizens don’t deserve this. Truthfully, they deserve the fair treatment and wages they have been denied for generations. It’s sad for me to see China in such a state, and to know that it’s the common citizens who suffer.

@wheezysqueezebox7651

6 ай бұрын

The young people, who choose to lie flat, have the right idea!

@raevj

6 ай бұрын

They must rise up or they will be nothing but slaves of the CCP.

@mrsmerily

6 ай бұрын

i cannot get those ordenary citizens attacking Japan out of my head... i think many of them are still blissfully unaware why this is happening to them, same are ordenary russians.

@Belenor

6 ай бұрын

Lol

Not "chinese new year", should be "Lunar New Year "

It's not going to get any better when 1/2 the workers don't come back from New Year's holidays.

When you visit one of the most populated citys in the most populated country and see no one! That's some scary shit!

@BlythPer-co1ug

5 ай бұрын

Shanghai people still can’t get over with happened to them during Covid so they avoid public as much as possible.

it's the people responsibility to dictate their well being. do not let the government screwed you

At last, I love empty streets & silence & not drowned in a crowd.

My Theory of the economic implosion of China Chinese businesses borrowed Yuan to set-up factories/exporters. They used Yuan to buy materials and pay employees. Factories exported overseas and were paid in Dollars. These Dollars stayed overseas, with only enough brought back in to pay to keep things going. Inevitable decline in trade due to being instigators of COVID-19. Factories close. Loans unpaid. Chinese move overseas to where they hid their money. Immigration based on their wealth. Inevitable overpriced housing market in these countries.

@buddha2845

6 ай бұрын

True to core 😊😊

Lols. Wut? I was in Guangzhou's CBD on Friday, in Tianhe, and the place was rammed. Every bar along the busiest streets was full, with locals and foreigners, and this was from when I arrived at 12 in the afternoon until I left at 8.30. I was in Tianhe again today, and the metro was heaving with people going into the city centre from all areas of Guangzhou. When I was in Grandview Mall, it was packed, and I was there all day with my wife and son. I'd love to see time stamps on these videos that are supposedly showing empty streets in the major cities. Unless Guangzhou, which is very close to Shenzhen, another city mentioned here, is some sort of miracle or a mirage, then I'd take these videos with a hefty pinch of salt on the side. It's also the start of the Spring Festival/Chinese New Year. A lot of people have gone back to their hometowns. Even where I live, outside Guangzhou city centre, restaurants, and shops are still seeing plenty of footfall and I see bags in people's hands with designer logos. It's very easy to sensationalise things when you aren't there on the ground to witness it.

@stormryder4305

6 ай бұрын

Maybe you should make a video about it? I'd love to see bustling nightlife cities.

@emmanuelfrancisco8383

5 ай бұрын

Where.is your evidence?

@georgelazenby3607

5 ай бұрын

I don't have a KZread channel where I post unverified videos, but I can rely on my own eyes and experiences. Take from that what you will. I've been interested in politics since I was a teenager. I've heard and read for years that China was going to fall by this date or that date. It hasn't happened yet. You should question why some people, particularly in the West, have such a strong desire to see China fail. You might be intrigued if you look more closely at the people funding these types of videos. Take a look at the West. Watch some videos on how the USA, Britain, France, and many more are falling to pieces. It'll start to make more sense if you do so.

Shanghai friend is here but will return to her teaching job for 1 or 2 more semesters, confirms these reports, curious to see changes. "it's history"

"Temporarily closing their stores to reduce losses." That doesn't seem a sound business strategy.

Wow, stayed in. Beijing most of last decade. So desolate now, feels like, well same time wise now, the university at spring break

Apparently no one at the CCP read Adam Smith, any economy that goes up must eventually go down; the bigger the up the bigger the down and China has 40 years of up so looking at 4 years of down. The simple fact is when everyone is making money it's much easier for grifters to be successful and trick everyone into thinking you're making money, all the property developers were taking all the money up front and giving themselves bonuses and then would take money from the next project to build the last project. If you build you company on a lie eventually it will collapse when it hits any problem, but the people at the top took their bonuses and have left the country and everyone else is left in the shit pile.

@gordo3582

6 ай бұрын

In China the invisible hand is the CCP slapping its people around any chance they get 😂

House of cards

Excellent coverage 👏🏻 👍🏻 👌🏻

@FadiGamingRP

6 ай бұрын

China observer is awesome 😊

@kamsunleong6648

6 ай бұрын

Yes it might be if it's true. Always question everything you see. Especially when it is too impressive.

@colemarsh13

6 ай бұрын

@@kamsunleong6648 ok little pink 👌🏻🥭

@anypercentdeathless

6 ай бұрын

I agree; excellent content. But it's a shame wasting editors', writers' and researchers' hard work. This channel's useful information is impossible to focus on when every word is a possible disaster. Are narrators hard to find?

The thing is, it doesn't matter what our governments try to get us to Believe. The people always know because they are the ones that actually struggle

If the CCP wants to have people consume more, it needs to raise incomes so that people have money to spend. This is not complicated.

No money to shop, causing closure. WHY? All the factory that was manufacturing clone and illegal copy rights goods had to closed. No work, no money, street empty. End of the pipe dream.

China : ask more foreign investment also china : start harassing foreign company why no one investing in china weird

The CCP is that stupid.

On the surface, the American two-party system appears to be dysfunctional with high friction. The system actually works to enhance the "Checks and Balances" built into the U.S. Government. Each party will not hesitate to publicly tattle on the other party if questionable activities are suspected. That would never happen in a One-party system.

@i-fart-n-elevators4610

6 ай бұрын

Yet the American system also has the same politicians campaign donors who buy them

@raevj

6 ай бұрын

Yet the Democrats lie & gaslight non-stop about non-Democrats….they also control most media…& most media is pure Democrat propaganda.

@j._.taylor

6 ай бұрын

We (the U.S.) also have a one-party system. And "checks & balances" refers to the 3 branches of govt (executive, legislative, judicial), not pretend "fighting" between the pretend "opposition" parties.

@AmukaAkuma

6 ай бұрын

Nah, they simply take turns wielding the power, to the detriment of the the average US citizen. The system is rigged so that the two party system cannot be challenged. Granted, the U.S is not a democracy, but a constitutional republic, so it's not like we should necessarily expect more plurality in the legislative branch. Ironically, the founding fathers did not like the idea of parties, with Hamilton calling political parties “the most fatal disease” of popular governments. Why? Because the always end up serving special interests. Just like the CCP does.

@rajsom180

6 ай бұрын

1. The US only have one party pretending to be two parties.... 2. A proper democracy should always have multi-party system to support the wills of the everyone

I see the bad moon arrising🎶🎵 I see trouble on the way🎶🎶🎵

china probaly lost at least 10 million to 30 million ppl during the pandemic, not to mention negative net migration, plus ppl learned that to be happy they didnt need to buy crap. so its gonna be very hard to make a real come back, not to mention that foreign investment has fled which is like a tripple wammy

@NScherdin

6 ай бұрын

Maybe, but the main people dying would have been the old, so I doubt that is directly resulting in this. I think this is people in general in China are hording their money because they are scared about what may happen in the future and/or they lost their money in the real estate scams.

@caststagemysteries

6 ай бұрын

Maybe they're reducing the crap food in their diets and the massive health problems projected a few years ago.

Back in the day I travelled all over China & Wangfujing was a favorite. What I’m seeing here is unbelievable.

Winnie Pooh doesn't know what 2 do!! Rhymes😂🇺🇸

I will go back to Shenzhen this summer. It was fine last summer.

China is gone

Lesson learned for the world..... Trust is always hard to get back.

isn't it holiday?

Great report and on the dot. How can the economy become better? No chance except the corruption themself.

This is what happens when you trust globalisation instead of focus on localisation.

@kamsunleong6648

6 ай бұрын

Bruh. Its mostly BS. I just got back from Beijing. Always question everything you see.

@tonyk5938

6 ай бұрын

@@kamsunleong6648so what was your experience?

@rrrrrrrrrrrrrrrrrr0

6 ай бұрын

​@@kamsunleong6648ok Mr CCP member. Replying to all the comments on these videos won't save your doomed economy built on lies and fraud

Same here in US even though the stock market at all time high .

Does anyone know what "fake" mean?

i used to teach in Wang Fu Jing in the 1980s.

I very much worry about the Chinese people 🥺

@oscargrainger2962

6 ай бұрын

Why? they certainly don’t worry about you.

Wow. Telling lies doesn’t improve economy except to those telling the lies

Boom and bust are cyclical. Need a new strategy of localised growth and internal circulation. Dont depend on the export strategy. Reinvent, improve quality, and buy local manufactured.

❤❤

Beautiful buildings,great looking street & infrastructure so clean and well maintained. Come back China walking hand in hand with world nations instead facing economic calamity created for selfish interests and greed of very few in powers. Learn to share profits with hard working people on floor jobs and lower positions. If all are happy & prosperous,China will be better off without any doubt.

Yen and not Yuan?

Business district, people have gone home to celebrate CNY.

Rise up People of China

No way they have GDP growth with the current economic situation.

Small problem and nothing to worry.So many new malls available in CHINA.🎉🎉🎉

Yes, they are deserted because people have gone to their native towns and villages to celebrate Chinese New Year with their parents and grandparents. Are you blind to this simple fact or are you malicious?

Would think that Davos would be horrified of China suggesting 400 million more consumers with middle income tastes.

In Shenzhen, is this the look for most of the city?

@j.lietka9406

6 ай бұрын

@BajaHaiq Salam! I thought Dubai was a rich country, oil being the chief money maker. No proper sanitation? 🤔 Oh my!

@richardreads8675

6 ай бұрын

It was wall to wall people outdoors all the time when I visited in 2007, very strange to see it empty looking

@j.lietka9406

6 ай бұрын

@@richardreads8675 COVID 19 did a number on the Global Economy. I wonder if China has truly recovered. Thank you 🤓

The great depression is kinda the right word. In the US the great depression endet, when the gouvernment offered affordable building via the new deal invests which solved both the unemployment and the affordable homes at once. And in europe the great depression endet when Hitler offered the Germans affordable homes as well (well the wareconomy helped reducing unemployment too, but thats not so great to reproduce). So basically China has to somehow solve the housing crisis

2023 most economies in the world went into recession after the supply chain issues, partlypolitical, partly geographical and mainly due to Covid 19. This happened in all countries independent of the type of government or style of economy.

Fake news , we are on a cerebration mood our New year is loading...........

The narrator always sounds like they're just reading the script for the very first time. So many words that they stumble or pause on while speaking, and it happens every video.

@vcare4893

6 ай бұрын

AI

It’s Chinese new year so most people go back to their hometown. It’s like Christmas Day for westerners. Of course it’s empty. Can you find any stores on Christmas Day? So misleading

The best thing, coming out of China, are the long form, scripted, television productions! I especially enjoy the costume dramas! Historical, Wuxia and Xianxia! Many available to watch, for free, on KZread!

@Itried20takennames

6 ай бұрын

Agree, or at least that they made some pretty costume costume drama series.

it's all done with smoke and mirrors......

@ozeight4278

6 ай бұрын

They photoshopped the people out of the video

This regime could fail?

It's so sad to see what the CCP has done to the people and the country. It must be hard for you as well to see this. Thank you for using a real human voice. BTW, help for pronouncing one word: HYPERBOLE. hi-PER-boe-lee. You're welcome.

@oscargrainger2962

6 ай бұрын

No I think she meant hyper bowls of rice lol😅

😂😂😂😂😂 quoting Chinese statistics 😂😂😂😂😂😂🙄🙄🙄🙄🙄

Brain Wash, can't think. Not their problem. it's problem for us. We are losing

The Dragon is going get your Ass.

Margaret Thatchers famous words of " communism only works until money runs out" rings truer with each passing day.

Lock people for years, then expect people to go out.

Recycled video? 9.9 sales is September.

hahaha, it makes me laugh out loud. it's now the spring festival holidays, workers go home from big cities which make the big cities that were crowded before seen empty now. you guys should film the street a few days later when the streets are completely empty.

End of the business cycle it's going to get worse !

Looks like they have too many useless bureaucrats 😂😂😂!

Isn't it chinese new year people prefer to eat with family at home

Was there a nuclear explosion in Yinchaun?

@kamsunleong6648

6 ай бұрын

Probably coming from your rear end.

@wojak831z3

6 ай бұрын

@@kamsunleong6648 beans

4:29 this is normal during a recession

@edwxx20001

6 ай бұрын

that is true, but since the last real recession in china has been a very long time, its a shock to people.

It's shilly.

U have to wait another 1 or 2 years for better business

Phase 1: "Wealthy nation - poor people" Phase 2: Wealthy CCP - poor nation

"After three years of the (plan)demic"..get it correctly stated narrator.

They can lie about any percentage they like. The truth is that the world has woken up and realised what this terrible place is up to. I would suggest all Chinese to go back to the fields or what’s left of them, they have a better chance with subsistence farming.

Chinese welcome to live & work in NORMAN, OKLAHOMA; we are hiring !

I heard my grand until saw a america dude,he fought but lost gis life i am sorry

Are you sure it's happening now or it was taken during the pandemic?

@suppachinese2968

6 ай бұрын

It's chinese new year holidays, they are on the road back home, that is why the great metropolis are empty

@maryannbarogabaron6281

6 ай бұрын

@@suppachinese2968 but at least there should be people walking around outside even if it's not that many, why is the road so empty? People will think the place was abandoned. 🤔

@angelsantana3001

6 ай бұрын

Ok CCP bot. Keep believing everything in China is ok.

might be close for chinese new year

CCP and their cronies doing very well. They have nice mansions and mistresses with luxury handbags. They have so much face, everyone is jealous! Wow, look at all their money!

to be fair taking videos of 三里屯。 or 王府井 on Monday night or an early morning, sunrise past 7 am in bj now, and more importantly when many have already left bj for CNY holiday, makes it look deserted but it's not so really. that chn economy is struggling we all know, see and hear, most Chinese will tell you the prospect is no good and most people don't want to spend but save money for the time being. on the other hand they've opened up the latest line 17 partially in late December. myb chnese will end up as we already have with the famous happy degrowth "you won't own much/anything but you'll be happy"😅

China no.1

Other then a shit government it looks like a beautiful country to retire to

Beautiful women!

A lot of smog.

China is on the decline. It doesn't matter what they are reporting; you cannot have a contraction in all sectors including demographics and then realistically expect anyone to believe a positive GDP.

Karma

😅😅😅😅😅 Money and slavery did not last ? Oh xhat a surprise. 😅😅

@ 4:48 ..... that's cap!

China's reality is often very disappointing. 😂

Some pro China KZreadrs will say this is all anti-China propaganda. 😂😂😂

Mute the voices in the background please. It is very distracting.

People in Shenzhen are traveling because we are doing great here.