Shenzhen Deserted: Factories, Shops, Worker Dorms All Demolished! Now a Relic of the World’s Factory

Shenzhen, as the first pilot city of China's Reform and Opening-up, attracted numerous domestic and foreign investors to start businesses and build factories, thanks to favorable policies, an open business environment, and low labor costs. Over the past 40 years, Shenzhen has transformed from a small county town with less than 500,000 people to a mega-city with a population of 18 million. It also became a significant contributor to China's reputation as the "World's Factory" with its advanced manufacturing industry. However, entrepreneurs who have toiled here for over a decade are now fleeing Shenzhen, leaving many factories in ruins. Closed factories and demolished industrial parks stand as remnants, witnessing the city's past glory.
#shenzhen #chinaobserver
All rights reserved.

Пікірлер: 500

  • @Enjoymentboy
    @Enjoymentboy5 ай бұрын

    The devastated Chinese economy: Brought to you by Winnie the Pooh.

  • @petrsal6856

    @petrsal6856

    5 ай бұрын

    You forgot about Trump and Biden.

  • @bloodlustshiva1

    @bloodlustshiva1

    5 ай бұрын

    @petrsal6856 The CCP fucked China more than anyone else could have tried to. The one child policy destroyed the country all on its own, but nice try trying to deflect and make everybody else look bad.

  • @chief3796

    @chief3796

    5 ай бұрын

    Glad we could help ​@@petrsal6856

  • @ChickensAndGardening

    @ChickensAndGardening

    5 ай бұрын

    @@petrsal6856 Trump forced China to play by the rules. They were tariffing American products and stealing American tech with zero consequences, for decades.

  • @CanMav

    @CanMav

    5 ай бұрын

    @@petrsal6856 No, it's all because of Pooh and his peanut-sized brain

  • @elsebabette1727
    @elsebabette17275 ай бұрын

    It's really wonderful to come across people who freely share valuable information online. You never know what kind of knowledge you might stumble upon that could have a lasting impact on your life.

  • @arnaulfeike1474

    @arnaulfeike1474

    5 ай бұрын

    Don't procrastinate when it comes to saving and investing. Don't wait for the perfect timing; start now because the current moment is the best time to invest.

  • @sergio-gw3ju

    @sergio-gw3ju

    5 ай бұрын

    What specific type of investment are you referring to? I'm aware that making money through investing is not as straightforward as it may appear.

  • @arnaulfeike1474

    @arnaulfeike1474

    5 ай бұрын

    Cryptocurrency trading appears to be quite lucrative. Despite the constantly changing nature of Bitcoin, it's evident that the cryptocurrency community is here to stay. John Joseph, you're doing an excellent job.

  • @jeanneberengere8063

    @jeanneberengere8063

    5 ай бұрын

    I apologize for interrupting, but I have been searching for assistance with this type of trading as my work consumes most of my time, leaving me with limited opportunities to focus on trading. How can I get to know him?

  • @arnaulfeike1474

    @arnaulfeike1474

    5 ай бұрын

    INSTAGRAM

  • @sonnybrakes8496
    @sonnybrakes84965 ай бұрын

    Now the Chinese know how we in the west felt when we lost our industrial manufacturing base.

  • @rhetorical1488

    @rhetorical1488

    5 ай бұрын

    they do but wishing ill on common folk who had no say in the policies the governments implement is low.

  • @chief3796

    @chief3796

    5 ай бұрын

    ​@@rhetorical1488the wrong china won the civil war

  • @sonnybrakes8496

    @sonnybrakes8496

    5 ай бұрын

    Where was their sympathy for the American worker when it was happening to them? Nice try. @@rhetorical1488

  • @sweetla4750

    @sweetla4750

    5 ай бұрын

    At what point did they say wish…reaching much

  • @rosaliethomson805

    @rosaliethomson805

    5 ай бұрын

    @@rhetorical1488 not really. They have supported the government.

  • @highping1786
    @highping17865 ай бұрын

    They didn't move they shut down.

  • @Freecomments4u

    @Freecomments4u

    5 ай бұрын

    nope, sent to africa. cheaper labor

  • @jimc8613
    @jimc86135 ай бұрын

    It's good to see that companies have woken up and are finally leaving China.

  • @stevenphillips3466

    @stevenphillips3466

    5 ай бұрын

    China is de industeralizing ... but the have plenty of vacant pretty buildings and vacant mega high speed train terminals

  • @alapaticornell4391

    @alapaticornell4391

    5 ай бұрын

    Good old tofu town w/tofu High speed 🚆😢

  • @notruthinthisworld.8414

    @notruthinthisworld.8414

    5 ай бұрын

    Have you been to Michigan?

  • @bloodlustshiva1

    @bloodlustshiva1

    5 ай бұрын

    Has that what-about-ism fixed anything yet?

  • @nosoupforyou425

    @nosoupforyou425

    5 ай бұрын

    Not woken up.... just chasing lower labour costs so that corporate profits and ceo bonuses can keep going up

  • @valturesnake5303
    @valturesnake53035 ай бұрын

    Karma for China for how they treat Africans in Africa

  • @awsin556

    @awsin556

    5 ай бұрын

    They are always yelling or following you around 😂😂😂😂😂😂

  • @petrsal6856

    @petrsal6856

    5 ай бұрын

    Kama Sutra for China.

  • @smoxesk

    @smoxesk

    5 ай бұрын

    respect ...........

  • @aikipicsaikipics6606
    @aikipicsaikipics66065 ай бұрын

    THIS IS THE SITUATION WHEN A DOG BITES THE FEEDING HAND

  • @sand0760

    @sand0760

    2 ай бұрын

    WEF RULES....

  • @j562gee0hdeewestsdegethemuLa
    @j562gee0hdeewestsdegethemuLa5 ай бұрын

    Doesn't look like they changed birds looks like they killed the last bird they had left.

  • @DoctorRobertNeville

    @DoctorRobertNeville

    5 ай бұрын

    Not only did they kill the poor bird, but they ate it. I blame this on the CCP zero Covid policy.

  • @robertfarr9186
    @robertfarr91865 ай бұрын

    Shame all that empty land is so badly contaminated from industry etc that it can’t be turned back into productive farm land.

  • @Notme-tq4xs

    @Notme-tq4xs

    5 ай бұрын

    why do you think they will check for that before planting ?

  • @johndoh5182
    @johndoh51825 ай бұрын

    The crazy part is some companies are STILL building more housing towers when the population is decreasing pretty much in EVERY big city in China. There might be one or two that's not hit so hard but the population won't be growing in those cities either. So who is going to move into those towers? Sure, a real estate company, or builder might be able to sell a place as an investment property because most citizens don't want to invest in their own companies via the stock market. But then THOSE investors are stuck with properties they can't sell, and the odds are good most people in China already are aware of this situation because even though the CCP removes posts from social websites they can't stop people talking to each other.

  • @BobbsVegine-eg3xz

    @BobbsVegine-eg3xz

    5 ай бұрын

    They are now building those towers in western countries and selling them to Chinese business man, woman, CCP officials and investor's. Driving up real estate prices so people from those countries are priced out.

  • @billshun3963

    @billshun3963

    5 ай бұрын

    Not STILL building, you don’t know what you are talking about.

  • @hufficag

    @hufficag

    5 ай бұрын

    They want all those migrant workers to live in penthouses and eat in fine dining restaurants and drive luxury cars.

  • @sblumenstein6688

    @sblumenstein6688

    4 ай бұрын

    It’s all about laundering money from criminals who need to “wash” it. I didn’t understand how laundering works until I watched “Breaking Bad”. The construction business is the number one laundering vehicle. Doesn’t matter if the buildings collapse, can’t be sold or whatever. That’s not the point.

  • @MyAmpWamp

    @MyAmpWamp

    4 ай бұрын

    In europe population is also declining for decades but housing prices are ever increasing. The thing is the older people from the birth bubble are still living and not dying any soon, but people want to live and work in big cities since small cities don't offer oportunities. It's about people redistribution.

  • @jetsetter8541
    @jetsetter85415 ай бұрын

    One of the factors contributing to downfall of the industrial manufacturers is the persistent poor quality of products forced on export. Prices were good but of HORRIBLE quality or fakes & copies. Obviously most foods for international markets were disaster of chemicals & heavy metals.

  • @sblumenstein6688

    @sblumenstein6688

    4 ай бұрын

    I just bought some wireless headphones. They are great, but I am really torn because they were made in China. After the debacle over the piano in London, I started watching some KZread videos about what’s happening in China. Americans have no idea (T**** takes up all the oxygen). I could not find a company in the US making headphones here. Maybe someone could fill that niche.

  • @guill90
    @guill905 ай бұрын

    China has reached the middle income trap threshold. Low to mid end manufacturing is moving to countries with lower wages. China needs to grow its economy with a bigger service sector by increasing consumer consumption, but all the consumers' money is tied up in the real estate bubble market.

  • @sfarrell71138

    @sfarrell71138

    5 ай бұрын

    They need livable wages to fuel that service sector. J bet china collapses and starts over with new currency. Interwoven into a new social credit system

  • @cheesesniper473

    @cheesesniper473

    5 ай бұрын

    It took 80 years for american industry to export, and then 40 for chinese industry to collapse. So of the 3 countries left, they have 35 years and 3 moves left before all export labor becomes unprofitable.

  • @petrsal6856

    @petrsal6856

    5 ай бұрын

    Yes.

  • @Headloser

    @Headloser

    5 ай бұрын

    Then the AI and computer robots will take over the labour department. @@cheesesniper473

  • @billshun3963

    @billshun3963

    5 ай бұрын

    China has grown way too fast that is a fact.

  • @divizionx
    @divizionx5 ай бұрын

    Shenzhen started dying right after the US sanctions

  • @billshun3963

    @billshun3963

    5 ай бұрын

    You’re so wrong, I just came back from Shenzhen one month ago.

  • @seanjoe4852
    @seanjoe48525 ай бұрын

    The lesson of "Don't bite the hands that feeds you".

  • @blabla-kk8bl
    @blabla-kk8bl5 ай бұрын

    You can understand now how we felt when you stolen our factories.

  • @relight6931

    @relight6931

    5 ай бұрын

    When they stolen? You realize that was done by US corporations for their self interest...

  • @przyplyw

    @przyplyw

    5 ай бұрын

    What kind of crap is that? it was your companies that decided to produce overseas and it was your politicians who set the business environment to favour leaving your own country

  • @mazzdacon2134

    @mazzdacon2134

    4 ай бұрын

    Not exactly stolen, corporate America had a role in the "great off-shoring".

  • @davehue9517
    @davehue95175 ай бұрын

    Chinese people can blame Xi and his ego.... nothing will change until the people stand up for themselves

  • @petrsal6856

    @petrsal6856

    5 ай бұрын

    And let the Americans blame Biden for everything.

  • @glenngrowe7105
    @glenngrowe71055 ай бұрын

    Amazing to see Shenzhen laid low. China's transformation downwards since I visited in 2017 is incredible. Too bad China is not able to get new leadership to try a new strategy. Chinese at the time trade war began said China would emerge stronger than ever. I guess not.

  • @Rostov_red_beard

    @Rostov_red_beard

    5 ай бұрын

    i remember watching serpentZA videos back in 2015 of him riding all over that city. this is really eye opening.

  • @parteuy3434

    @parteuy3434

    5 ай бұрын

    indeed, china is now PROPERLY CUCKED by the americans. It's only natural since they don't respect the western way of doing business (and honoring intellectual property).

  • @ahhmm5381

    @ahhmm5381

    5 ай бұрын

    This happens with export reliant economies

  • @richardparker1338

    @richardparker1338

    4 ай бұрын

    This is one small area being redeveloped in a massive city. It does not represent Shenzhen. A totally misleading video.

  • @BusterNoggins
    @BusterNoggins5 ай бұрын

    RIP China you will not be missed.

  • @jmc8076

    @jmc8076

    5 ай бұрын

    Don’t be so sure yet.

  • @gordonallen9095
    @gordonallen90955 ай бұрын

    It's called BOOM & BUST. Nothing lasts forever....

  • @roybrewer6583
    @roybrewer65835 ай бұрын

    I'm beginning to wonder whether China even has a population of a billion 😢😮😂

  • @shanghaiffgg

    @shanghaiffgg

    5 ай бұрын

    Give it a year or two

  • @roybrewer6583

    @roybrewer6583

    5 ай бұрын

    @@shanghaiffgg will anyone be left in a few years 😄

  • @j562gee0hdeewestsdegethemuLa
    @j562gee0hdeewestsdegethemuLa5 ай бұрын

    A sad realization but one needed to wake the people up

  • @peterkincep7808

    @peterkincep7808

    5 ай бұрын

    he he in communist counrtzy....bull sh...

  • @user-ee7bz3ip2b
    @user-ee7bz3ip2b5 ай бұрын

    Infrastructure like the high speed rail system, that was only at 20% capacity, must be crashing now.

  • @tedzehnder961
    @tedzehnder9615 ай бұрын

    The only good thing that might come about is that the air pollution might get better with less factory pressure. Factories and dorms might not be the only thing demolished. Some of the sub-par housing might have to be removed.

  • @emmapeel8163
    @emmapeel81635 ай бұрын

    well now i know why Black & Decker's quality fell off.

  • @hvacrwrld1402

    @hvacrwrld1402

    5 ай бұрын

    Affectionately known as "Sack and Pecker" now 😂

  • @SpadezA11
    @SpadezA115 ай бұрын

    They thought we needed them 😂

  • @eaglestar2962
    @eaglestar29624 ай бұрын

    I just went to SZ a few weeks ago, it was still lively. But i was informed that labor cost are a bit expensive compare to some other places in China. So, some factories moved to other places in China. But it was still lively and buzzling and a lot of traffic jams.

  • @78171626
    @781716265 ай бұрын

    Why would they demolishing these buildings when there are so many people are sleeping in the streets?

  • @johndoh5182
    @johndoh51825 ай бұрын

    Do you think these businesses will more carefully evaluate the politics of the country they move their manufacturing to? Even when they moved into China, it's not like China was a "friend" to the West or other Asian countries and already had their 9 dash line claiming most the S. China Sea along with having disputes with most its bordering countries about borders, already had issues treating Tibetans as criminals, started locking up people and using them as slave labor. This was ALREADY going on and these companies ignored it, and now they're paying the cost of moving because of the politics of China. Or I should say, they are suffering sales because for now they're charging higher prices to help pay for them to move out of China.

  • @Morkvonork

    @Morkvonork

    5 ай бұрын

    No they wont learn. They leave because the wages are now higher than in other countries. India is already very hostile towards the West and their gouverment even murdered a Canadian Indian activist recently. China is still more horrible though.

  • @relight6931

    @relight6931

    5 ай бұрын

    They are not suffering nothing.. They did their profit cost analasys before they came.. Those corporations are not people. They are entities made to create profit. If it was allowed they would literally do anything that makes profit.. It is as simple as that.

  • @Brian-pz3wh

    @Brian-pz3wh

    5 ай бұрын

    @@relight6931 ALL behaviors have consequences and economic behaviors are not exempt. in addition, many business decisions are very poor, being driven by an opportunistic attitude and greed, and in fact most are.

  • @relight6931

    @relight6931

    5 ай бұрын

    @@Brian-pz3wh listen, I agree with you.. But it is helpful to if needed to place the quilt, to where it belongs.. It wasn't "evil" chinese people, who might I need to remind you even today have more then half of their population living under poverty line.. Yet OP fails to see, it wasn't their fault.. It is a simple process of corporations always searching for those lands of ever cheaper labour..and more lax human rights.. Consequences are very real, just don't fall into a trap of thinking it was evil China that took your job.. It was your domestic corps, fully aware of what China is like, and still moving there..

  • @BobbsVegine-eg3xz

    @BobbsVegine-eg3xz

    5 ай бұрын

    Well said. Also a lot of those greedy companies went out of business. Once china stole or reverse engineered their products. I still can't believe even Hollywood fell for the trap. Now I see big gaming companies going down that road. Once china start developing Big name games for the western market a lot of those companies that are helping china will also one day go out of business.

  • @johnnypham2850
    @johnnypham28505 ай бұрын

    Relocated to other Countries WOW

  • @Lesley.h
    @Lesley.h5 ай бұрын

    Yes. That’s right. The world is finally sick of low quality products. I would call these places one minute factories.

  • @user-1rg9f2-g3l6d

    @user-1rg9f2-g3l6d

    5 ай бұрын

    They are sick of 50-Armyers, Wolf--Warriors, Luxury house investors, and the MSM.

  • @przyplyw

    @przyplyw

    5 ай бұрын

    the quality is what you want to pay for...... are you really that delusional that you believe a space visiting nation cannot produce high quality? There are high quality products you just dont see them because YOUR merchants import on the cheap

  • @adenwellsmith6908
    @adenwellsmith69085 ай бұрын

    An illusion created on debt.

  • @jules263
    @jules2635 ай бұрын

    Most Chinese buildings are made using reinforced autoclaved aerated concrete (Raac) which has a 30 year lifespan before it comes crashing down. Hence they are demolishing them before they fall down.

  • @Buckfast76
    @Buckfast765 ай бұрын

    I really would love to see more peace in the world in future. There are Problems which need cooperation in future of the hole world community. But in german we have a metaphor which is true. „ Arrogance comes before the fall“

  • @bbokdoong
    @bbokdoong5 ай бұрын

    This is just the natural progression of development. I remember how South Korean businesses moved their factories to China when China first opened up in 90s and how South Koreans had the same issues. They found the solution by improving the product and going hitech. Chinese companies will have to move their factories to Vietnam or India. Can they make it in a level playing field without subsidies from the Chinese government?🤔

  • @petrsal6856

    @petrsal6856

    5 ай бұрын

    And subsidies account for 25% of the total economy of Chinamerica, both in its American and Chinese parts.

  • @nosoupforyou425

    @nosoupforyou425

    5 ай бұрын

    Ccp will no longer own demand 51% and propriety rights... and will not have to worry about the knock off products and factory output when no one is looking.so they are WaY better off outside of Chyna

  • @user-ee7bz3ip2b

    @user-ee7bz3ip2b

    5 ай бұрын

    The CCP will find a way to interfere amd make it harder

  • @oscargrainger2962

    @oscargrainger2962

    5 ай бұрын

    No

  • @stlouisix3
    @stlouisix35 ай бұрын

    The Deserted and Demolished Industrial Areas of Shenzhen: A Relic of the World’s Factory, Leading to Urban Depopulation and Economic Crisis 🏭 Shenzhen's industrial areas deserted and demolished, leading to urban depopulation and economic crisis. 00:00 Industrial areas in Shenzhen deserted and demolished 00:00 Factories and shops closed, leaving empty spaces 00:09 Exodus of migrant workers due to factory relocation 00:34 Urban villages quieter with fewer people and closed businesses 01:55 Shenzhen's transformation from small town to megacity 03:02 Severe crisis of population outflow and falling housing prices 03:44 🏭 Shenzhen's industrial decline leads to job loss and housing price drop, causing migrant worker exodus. 03:58 Migrant workers returning home cause quiet communities 03:58 Housing prices in Shenzhen drop by 30-55% 04:40 Population exodus and industry hollowing out lead to severe job loss 05:25 Many mid-level enterprises move out or shut down 06:16 Job hunting becomes increasingly difficult for migrant workers 07:06 🏭 Shenzhen's manufacturing industry undergoes significant changes, leading to closures and relocations. 07:41 Relocation of manufacturing industry in Shenzhen began in 2008 07:41 Shift from low-end industries to Finance, real estate, and Technology R&D companies 07:54 Pressure on manufacturers to relocate due to land development plans 08:56 Proactive shift in manufacturing due to China-US trade war 09:37 Global manufacturing industries seeking alternatives to China 10:20 Frequent closures and relocations of long-standing companies in Shenzhen 10:48 Examples of major manufacturers ceasing operations in Shenzhen 11:36 🏭 Shenzhen's economic shift leads to deserted factories and struggling city 11:59 Hong Kong funded company ceases operations 11:59 High vacancy rate in office buildings and fake headquarters exploit tax incentives 12:48 Shenzhen experiences negative population growth for the first time 14:00 City officials promote industrial city again, inviting back previously forced out companies 14:20 Shenzhen struggles to attract foreign investment and maintain appearances 14:59 Largest cultural and tourism night market becomes deserted just 4 days after opening 15:06 Video blogger showcases deserted night market with empty stalls and few visitors 15:27 🏭 Shenzhen night market deserted after factories and urban villages demolished, sparking controversy. 15:50 Night market deserted after factories and urban villages demolished 15:50 Video sparked controversy over timing of visit 15:57 Market remained deserted during busiest time visit 16:04 Empty stalls and deserted streets observed in the market 16:12 Former Mercedes-Benz 4S store transformed into night market 16:55 Government's creation of night market seen as political task 17:15 Discontent expressed over the pointlessness of night market without factories 17:30

  • @petrsal6856

    @petrsal6856

    5 ай бұрын

    It's terrible what the fuck is going on.

  • @Renwoxing13

    @Renwoxing13

    5 ай бұрын

    Thanks.

  • @6NBERLS
    @6NBERLS5 ай бұрын

    Absolute power carries with it absolute responsibility. Blame Xi Jinping.

  • @needmoreramsay
    @needmoreramsay5 ай бұрын

    I suspected many hundreds of millions of Chinese are "no longer with us" after C V imprisonment, starvation and mass vacuum scene.

  • @RatTerminator
    @RatTerminator5 ай бұрын

    Keep up ur belt&,road programs Winnie Pooh!!😂

  • @spanglerimagery
    @spanglerimagery5 ай бұрын

    And, since when is 500k people considered a small town?..

  • @nosoupforyou425

    @nosoupforyou425

    5 ай бұрын

    1.4 billion hooligans..... 😆

  • @dilligafmofoker

    @dilligafmofoker

    5 ай бұрын

    When compared to 18M.

  • @PureBadBreath
    @PureBadBreath5 ай бұрын

    This is the true indicator, the reversal of fortune at the place where it all started.

  • @miguelhidalgo9372
    @miguelhidalgo93725 ай бұрын

    I am very sad. I bought and sold high quality renewable energy products based in Hong Kong and Shenzhen for many years. I worked hard to establish lifetime relationships. I stayed at the best hotels in Shenzhen, Nanjing, and throughout mainland China. I was always treated with kindness and the most gracious hospitality. I will return to do business in 2024.

  • @jimmychoi7862
    @jimmychoi78625 ай бұрын

    Wishing you a Happy and Prosperous New Year.

  • @majstealth
    @majstealth5 ай бұрын

    "we have 1000 weaving machins, we WILL DESTROY YOU!" well, we are still here and kicking - are they?

  • @nelsontan8178
    @nelsontan81785 ай бұрын

    now this is a night market...a quiet place where you can enjoy a nice quiet meal

  • @dilligafmofoker

    @dilligafmofoker

    5 ай бұрын

    Of fake food.

  • @nelsontan8178

    @nelsontan8178

    5 ай бұрын

    @@dilligafmofoker how do know....were you there and have you consumed some...

  • @billshun3963

    @billshun3963

    5 ай бұрын

    @@dilligafmofoker ?

  • @madankn
    @madankn5 ай бұрын

    This is just the beginning, when some one becomes arrogant, its down fall starts!

  • @roberthealey7238
    @roberthealey72385 ай бұрын

    Reminds me of areas in the Midwest back in the day when manufacturing was moved from US to China… I guess manufacturing cycles are about 40ish years? Another 40 years they will move again, hopefully the current boom areas will be more prepared than US was in 80’s/90’s and China today.

  • @stevenphillips3466

    @stevenphillips3466

    5 ай бұрын

    Fortunately those people could just move to get jobs in different states ...These Chinese look like they cant find many jobs anywhere

  • @needmoreramsay

    @needmoreramsay

    5 ай бұрын

    ​@@stevenphillips3466and their mobility is usually limited because of the social credit system AND strict migration laws between provinces.

  • @petrsal6856

    @petrsal6856

    5 ай бұрын

    In fact, the United States today looks like China today, because Chinese wage labor has risen significantly in price.

  • @roberthealey7238

    @roberthealey7238

    5 ай бұрын

    @@stevenphillips3466 Huh? The manufacturing, as well as all the supporting industries, jobs left the US permanently. That is why most manufactured goods, and quite a bit of food and pharma, in the US have foreign origins now. The people of the rust belt had to retrain to a different field or retire much like the Chinese will have to do now.

  • @MK_ULTRA420

    @MK_ULTRA420

    5 ай бұрын

    @@petrsal6856 ni hao wumao

  • @billguernsey6419
    @billguernsey64195 ай бұрын

    If you build it they will come, that’s not a sound economic policy.

  • @samsonsoturian6013
    @samsonsoturian60135 ай бұрын

    Schegen speed. In reverse. Easy come. Easy go.

  • @masonsykes2240

    @masonsykes2240

    5 ай бұрын

    Little high, little low Any way the wind blows

  • @tonylam9548
    @tonylam95485 ай бұрын

    Now we have to put up with low quality again because yet another country will have to learn how to make things.

  • @heavenswarriors3244
    @heavenswarriors32444 ай бұрын

    This is truly horrifying, however, when the automotive industry in the United States closed factories in Ohio and move them to Mexico, you should see those communities. Now Cleveland, Ohio is a graveyard on the east and west side. Those people never got jobs again most of them retired early and now it is a real SH blank blank hold and no one wants to live there. If this is what China is doing then this explains why there are so many Chinese refugees now coming in through Mexico into the United States. But there are no jobs in the United States and all the refugees coming here right now are only going to be living on government money through the refugee program. but has China opened up to refugees?

  • @RatTerminator
    @RatTerminator5 ай бұрын

    Chineses progress!!😂 🇺🇲💪

  • @barrycole
    @barrycole5 ай бұрын

    Bat Soup sales must be low. This could be a good thing. Now is time to paint empty landscape green. Make photo look nice.

  • @spacelemur7955
    @spacelemur79555 ай бұрын

    It's all very sad for the poor workers. Now these capitalist companies will pay crap wages in new markets until it's time to abandon those countries for even poorer ones.

  • @sfarrell71138

    @sfarrell71138

    5 ай бұрын

    Business baby its just business-unfortunately

  • @MK_ULTRA420

    @MK_ULTRA420

    5 ай бұрын

    Easy come, easy go.

  • @6NBERLS

    @6NBERLS

    5 ай бұрын

    I guess nobody noticed but, China has a Communist government with absolute power. They bear absolute responsibility.

  • @WolfOfLosAngeles

    @WolfOfLosAngeles

    5 ай бұрын

    Think they’ll go to Thailand or Mexico or Philippines?

  • @MK_ULTRA420

    @MK_ULTRA420

    5 ай бұрын

    @@WolfOfLosAngeles All three, including Indonesia and various African states.

  • @panaceiasuberes6464
    @panaceiasuberes64645 ай бұрын

    When you let Winnie the Pooh rule...

  • @jansg405

    @jansg405

    5 ай бұрын

    absolutely

  • @French_Connection
    @French_Connection5 ай бұрын

    What tragedy !!!

  • @Headloser
    @Headloser5 ай бұрын

    They should used those empty building for housing since many of the Newer Apartments i would never ever want to live in.l

  • @paddle_shift
    @paddle_shift5 ай бұрын

    Hard to believe all those nice cars motorcycle and scooters are "empty" too. Add in all those zombie people walking to and from those "empty" places.

  • @mattanderson6672
    @mattanderson66724 ай бұрын

    Rise up People of China

  • @thevan84
    @thevan845 ай бұрын

    Dont blame the west or rest of Asia reluctant to do business with China. China makes business more difficult with their own internal policies. So Chinese need to reflect on themselves,either change the goverment or their own policies instead of blaming outside of China

  • @Rogdub
    @Rogdub5 ай бұрын

    do these small to mid sized factories leave shenzhen to relocate to other parts of china or are they disbanding / relocating outside of china?

  • @MRW515

    @MRW515

    5 ай бұрын

    It's on the video, they are going to Vietnam and South America

  • @Rogdub

    @Rogdub

    5 ай бұрын

    @@MRW515 thanks for the info. i missed that one.

  • @billshun3963

    @billshun3963

    5 ай бұрын

    Maybe about 40/50 years ago most US city’s subway/metro trains were built by the Japanese and in the 90s they were built by the Korean company. Guess what company is building the replacement trains now.

  • @Rogdub

    @Rogdub

    5 ай бұрын

    @@billshun3963 idk about all of US but new york's are build by the japanese.

  • @tempest411
    @tempest4115 ай бұрын

    It seems like it was only yesterday that I read about Xi seeking to transform China's economy from relying so much on exports to one of internal consumption. He has also sought to repress foriegn influence on Chinese culture...and then there are the tensions created by it's expansion of territorial claims, threats of invading Taiwan, and support for Russia in their war against Ukraine. It would be difficult to see how this could be anything but bad for China.

  • @ethercreatures
    @ethercreatures5 ай бұрын

    China, the ultimate in disposability. Entire regions....

  • @hoatruong-bn3uw
    @hoatruong-bn3uw5 ай бұрын

    Ccp is still o.k,so don't worry about billion chinese people.

  • @Aimsport-video
    @Aimsport-video5 ай бұрын

    So it turns out influencing politics in US has backfired.

  • @ekesandras1481
    @ekesandras14814 ай бұрын

    Actually the "changing the bird" policy seems reasonable and in the end everybody profits from it. China has a declining labor force due to demographics and seeks higher value industries instead of labor intensive low profit industries. Other developing countries get the chance to also industrialize and profit from global trade and the foreign companies get to relocate to an even cheaper place to produce. Anyway they would have soon left China purely for cost reasons.

  • @spleancrush
    @spleancrush5 ай бұрын

    Thanks CCP 😇😇😇

  • @petrsal6856

    @petrsal6856

    5 ай бұрын

    Thanks to Democrats and Republicans for that.

  • @tonywoerner
    @tonywoerner5 ай бұрын

    i read factories moved out because polution toxic soil

  • @marleenneil7542
    @marleenneil75424 ай бұрын

    I’m so very sorry for your unable to find work😪

  • @warrentilley1210
    @warrentilley12105 ай бұрын

    Robots will replace workers soon globally.

  • @michaelhoran407
    @michaelhoran4073 ай бұрын

    Re: Shenzhen deserted. That is really something! China is in a deep economic depression.

  • @douro20
    @douro205 ай бұрын

    So they demolish everything the minute someone moves out?

  • @hg-yg4xh
    @hg-yg4xh5 ай бұрын

    This is sad. I hope the best

  • @asiabrokersclub
    @asiabrokersclub5 ай бұрын

    Ecology cycle, chouce in life, town planning vs policies...

  • @Mickenos85
    @Mickenos855 ай бұрын

    First to open. First to close. Whats going to happen now. What can the former workers do to gain an income to buy food and live.

  • @patricequinn7733
    @patricequinn7733Ай бұрын

    Where did the factory workers go?

  • @ShenzhenPages
    @ShenzhenPages4 ай бұрын

    Come to Shenzhen yourself to see if it is deserted. The city is much more lively than what you see in this video 😅

  • @myonghan1260
    @myonghan12605 ай бұрын

    👍

  • @Commenter703
    @Commenter7035 ай бұрын

    Interesting how greed always corrupts what is good. Same going on in the US in all kinds of ways.. Give an inch, and people want a mile.

  • @oliviaortiz5157

    @oliviaortiz5157

    5 ай бұрын

    It's also very contagious, greed travels, Mexico is starting to get insanely expensive with the influxes of foreigners to the point Mexicans are being displaced from various cities, cause they can't afford or compete with the hikes the GREEDY landlords are charging now in dollar vs peso 😢‼️

  • @petrsal6856

    @petrsal6856

    5 ай бұрын

    Yes, it's the same in America.

  • @peterbenkovsky6337
    @peterbenkovsky63375 ай бұрын

    Fun fact is that China is moving industry mostly dirty industry out of Shenzhen from 2020 ... So this is "really shocking " new :D

  • @marktan8074
    @marktan80744 ай бұрын

    So how does this all tie in with China's recent declaration that its GDP grew a whopping 5.2% last year???

  • @midimusicforever
    @midimusicforever5 ай бұрын

    The World's factory still mass produces OOFs at least.

  • @newworldhk8
    @newworldhk85 ай бұрын

    i went to Shenzhen 30 years ago for business ....it is now everything went up over 100 x similar like bitcoin ...it is not in correction..and i don't see any problem......

  • @sallee7953
    @sallee79535 ай бұрын

    It was nice 20 yrs ago

  • @samsonsoturian6013

    @samsonsoturian6013

    5 ай бұрын

    It was a polluted wasteland of sweatshop factories back then

  • @graxxor
    @graxxor5 ай бұрын

    Creating new opportunity for real estate agents to build shit.

  • @alphach1mp
    @alphach1mp5 ай бұрын

    It's the CCP way.....

  • @mazzdacon2134
    @mazzdacon21344 ай бұрын

    Closed down and moved to where?

  • @eddyp2002
    @eddyp20025 ай бұрын

    I believed in order the state need to transition from Manufacturing to finance & High tech sector, the state need to retrain the people 1st, not just blindly execute the new directive. also some enticing benefits (such as tax break) to help invite other big company that are finance & high tech to invest in Shenzhen. so that when the state do start executing to finance & high tech sector, the people are ready to move/ reemploy to that area. My guess is the state government just blindly do it without planning. just rush it without thinking - Poor Planning. That's how the outcome comes out where the ground people suffers.

  • @HanS-wo8vz
    @HanS-wo8vz5 ай бұрын

    🤣👍👍👍

  • @jojobeans64
    @jojobeans645 ай бұрын

    lot of stuff people just don't buy anymore toys are like never for one

  • @zackdo5194
    @zackdo51945 ай бұрын

    Feel good story!!!

  • @oliviaortiz5157

    @oliviaortiz5157

    5 ай бұрын

    Not so CAUSE the poor poeple are the ones suffering not the government ‼️ Just like in the USA ‼️ bad decisions the governing parties make only hurt the most vulnerouble 🤨😡

  • @petrsal6856

    @petrsal6856

    5 ай бұрын

    This is some kind of horror.

  • @Gumyulo131
    @Gumyulo1315 ай бұрын

    Have you seen the grand opening of Costco in Shenzhen ? Did you see the queue to get in? Despite the poor economy, many people still have money to spend.

  • @emmapeel8163

    @emmapeel8163

    5 ай бұрын

    How many are buying? i've seen people just wandering around with entire family in those large box stores. they buy a few things after spending 2 hours just looking at items.

  • @ronnelacido1711

    @ronnelacido1711

    5 ай бұрын

    People always want to check out new things to see and experience for themselves. Once they see it's same crap, they never come back.

  • @WarbirdPhoenix
    @WarbirdPhoenix5 ай бұрын

    American industrial workers to china: First time? 😏

  • @STOPCommunismandSocialism
    @STOPCommunismandSocialism5 ай бұрын

    IT'S EVERYBODY'S JOB. Human Beings - Let's Fight Together to STOP these EVIL systems. All your contributions will be much appreciated. Such contributions will prove invaluable to shutting the EVIL systems down. 🌍🌎🌏🗽🇺🇸🗽🌏🌎🌍@STOPCommunismandSocialism

  • @karinphua9415
    @karinphua94153 ай бұрын

    Darn, i visited a vast city they told me is called shenzhen. A street called dongmen is jammed pack at night. All those must be paid actors to fool visitors. 😂😂😂

  • @ergatimpet4971
    @ergatimpet49713 ай бұрын

    Back to country side

  • @erwindaveg1
    @erwindaveg15 ай бұрын

    HAVE FAITH MY CHINESE FRIENDS YOU WILL BE GOOD!

  • @josephenis6161
    @josephenis61615 ай бұрын

    the jobs are back in mexico, its called onshoring

  • @rhetorical1488

    @rhetorical1488

    5 ай бұрын

    and the mexican factories are employing guatamalans

  • @kristoferjakistam832
    @kristoferjakistam8325 ай бұрын

    what was the point of destroying these factories? Wouldn't it be better to leave them and when prosperity returns, then use the existing buildings?

  • @mkuc6951
    @mkuc69515 ай бұрын

    Oh look at that, you took over Hong Kong and made Shenzen completely closed and hostile to entrepreneurship. What a shock.

  • @dream-dx1kl
    @dream-dx1kl5 ай бұрын

    all that to thank Xi Jinping!