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60% of factories have no work; 20 enterprises exploded in 18 days; money was swept away... 

China Insights
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Recently, we saw on Douyin many incidents where many businesses fled with customers' advance money, right? This is the reality in our industry. 40% of the stores and factories are on the verge of closure and bankruptcy, and 60% of the factories have no work to do. So, please keep an eye on your money and avoid being cheated of both money and goods.
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8 июл 2024

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Комментарии : 132   
@kateryan9988
@kateryan9988 15 дней назад
Well-deserved. Let's all further help the Chinese out by reducing any Made-in-China purchases whenever humanly possible.
@lonedrifter7446
@lonedrifter7446 15 дней назад
Yes!
@phunk8607
@phunk8607 14 дней назад
Wonder what phone you are using to type this
@hungo7720
@hungo7720 15 дней назад
Factories being shuttered and consumers being jipped & screwd by renowned consumers have highlighted the hardship and desperation of lots of Chinese.
@oldernu1250
@oldernu1250 14 дней назад
China is untrustworthy. Every project is prone to corruption, bribery, substitution of substandard materials. Western notions of honesty do not apply to "face". Lying with a straight face is acceptable.
@sleepinglaffey3886
@sleepinglaffey3886 14 дней назад
AI 5G financial planning Slopexpertise
@chinesesparrows
@chinesesparrows 15 дней назад
Even temu goods arent delivered and merchant flees in CC land 😂
@user-wi4sd2pd2c
@user-wi4sd2pd2c 15 дней назад
In Australia all the Temu goods come from Sydney. In another couple of years, it will be impossible to find a product that is made in china. The hand that fed the world a heap of crap has finally had it's hand biten off!
@sleepinglaffey3886
@sleepinglaffey3886 15 дней назад
Patriotism of Xinnie PorkPooh #slopagandpa - With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters. -Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing -Tofu Exports and Western imports, accounting for 37% GDP, are down. -Foreign investment is falling over 90% compared to it's peak in 2018. -Foreign visitors are down 96% compared to the pre-pandemic level in 2019 with less than 200 americans left. -Consumer prices are experiencing hyperstagdeflation. -Youth unemployment hits over 21% (in reality 50%+ after eliminating faked numbers), a record. -It's fast shrinking workforce is 10 years old than neighboring countries. - During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times. - It has printed more money than the US and Japan combined, while it's economy is only half of them. - Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg. - This is a macroeconomic nightmare created by the party going way back in 1994 when they took the Tofu money off the international exchange. Now in 2024, the banks and the average little pink have no idea what is the ACTUAL value of anything within the country. Any stimulus from the Central state. will be meaningless and ineffectual because the Central Bank is a part of the Party. Thereby merging both fiscal Central and monetary private policies into one ongoing disaster. Local province officials were doing stimulus spending for decades in tandem of the "Economic Miracle" which will undermine any Central stimulus during an actual depression/recession or more accurately.. HYPERSTAGDEFLATIONARY NIGHTMARE. -- in the future house prices will drop to 10%, youth unemployment will be over 70%+ without streams, and middle class people over 35 will all be laid off. How will you do in a country where real estate companies, local governments, and banks across China have crashed or fled? That is your challenge for the future (will you own a trash house with the mortgage?). Pensions will be laundered and your daily pay will be 2 dollars. Mengze harvard daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card Arctic Catfish Shenzhen: laughs at how Leeks feed her WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie
@nicholasrockall7308
@nicholasrockall7308 15 дней назад
I have posted this comment before, but it seems relevant to repost it again here; The Chinese Business Model; 1st) advertise something that looks really good. 2nd) send customers something that is really crap. 3rd) quickly scam everyone to make as much money as possible. 4th) flee overnight with the company funds, then restart the process. 5th) leave your employees in the lurch.
@tonnysiahaan830
@tonnysiahaan830 15 дней назад
Sangat setuju..china terkenal pemalsu produk2 terkenal..mereka sabgar licik, bikin proyek di negara lain dengan kwaliras buruk semenrara priyek didalam negeri sendiri sangat bagus. Mereka suka curang kirim intelijen menyanar sebagai pekerja ke negara lain. Virus corona (covid) itu rekayasa militer china di sebuah laboratorium di wuhan. Kapal2 china sering mencuri ikan di perairan laut negara lain. China dengan sombong membuat matahari sendiri. Itu jelas sangat sombong..seperti "BABEL SYNDROME". 😅😅😅😅😅
@dedede9664
@dedede9664 15 дней назад
yup, they really don't give 2 sheets about their customers or employees. I worked for 3 language centres in China, and all 3 went bust. Almost exactly as you describe. and it annoys me to see these 'confessional' videos of businessmen and women crying about their finances. They screw over their international business customers on a daily basis - common Chinese business practice. Especially stealing American tech: the biggest industrial theft in human history
@Gw2kitty
@Gw2kitty 15 дней назад
Yes that is their exit strategy 90% of the time, they want to screw everyone over. De-couple and de-risk
@TrickOrRetreat
@TrickOrRetreat 15 дней назад
It's true and doesn't hurt to tell over and over. More people reads it and maybe stop buying Chinese garbage.
@0Zebadee0
@0Zebadee0 15 дней назад
Keep reposting. ✌
@dedede9664
@dedede9664 15 дней назад
They do it all the time to their international customers - common Chinese business practice. But they don't like it when they it happens to them, do they?
@0Zebadee0
@0Zebadee0 15 дней назад
[00:19] Good advice. This is exactly why Chinese people are revenge saving and nobody is investing in China.
@fruitcocktailsamurai
@fruitcocktailsamurai 14 дней назад
Companies up-and-leaving their customers high and dry is pretty common. When I worked there as an ESL teacher, the other ESL school in the mall closed down and the CEO left with all the money. The government transferred the students to our schools after complaints from affected families. The fact that more people are fleeing shows how bad the economy is now.
@souske1990
@souske1990 15 дней назад
Chinese culture and belief that this is individual bad luck, better luck in the next life. Hope of reincarnation and deitification are keeping the society going (deceived) despite its obvious flaws.
@tonnysiahaan830
@tonnysiahaan830 15 дней назад
Agree
@sleepinglaffey3886
@sleepinglaffey3886 15 дней назад
Organ Leeks
@j562gee0hdeewestsdegethemuLa
@j562gee0hdeewestsdegethemuLa 15 дней назад
"Defend there rights" oh when will they realize the truth
@TrickOrRetreat
@TrickOrRetreat 15 дней назад
CCP have for years told Chinese population on national tv, that they are more free than American citizens. Why they believed it baffles me. Our brains are many times our worst enemy 🤔
@Untolddead
@Untolddead 15 дней назад
Gotta be like those guys in Africa. Bring some fire power and get your money quick.
@WillPerry-b7r
@WillPerry-b7r 14 дней назад
*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides*
@WillPerry-b7r
@WillPerry-b7r 14 дней назад
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
@MuchParrill
@MuchParrill 14 дней назад
I know Laura, she has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of lives.
@MuchParrill
@MuchParrill 14 дней назад
You're right! The very first time I tried, I invested $2000 and after a week, I received $8,400. That really helped us a lot to pay up our bills.
@SaviourUmo
@SaviourUmo 14 дней назад
Interesting! But I'm new here. How can I get to this person's guidelines??**
@WillPerry-b7r
@WillPerry-b7r 14 дней назад
SHE IS ON TELEGRAMs
@queenmab7592
@queenmab7592 14 дней назад
She was gorgeous! Love how her spirit comes through her pose!
@auggieeast
@auggieeast 15 дней назад
Sure looks like a recession. Where is this 5% growth supposedly coming from?
@MegaBlueT
@MegaBlueT 15 дней назад
When individual provinces misrepresent their actual growth numbers, then it's no wonder that the whole number is false too.
@gazzman6547
@gazzman6547 15 дней назад
It's fake.
@andreashauschild7757
@andreashauschild7757 15 дней назад
With the slowdown in real estate, something that directly impacts furniture companies, of course some of this companies will go under. Not sure how they deal with down payments, but when I did my apartment I payed 10% down, and 90% after delivery. Check your payment terms before you work with a company.
@Mr.TrUnrBrigs-oo4yz
@Mr.TrUnrBrigs-oo4yz 15 дней назад
Except the furniture company DID build thevfurniture and they gotvscammed as well. Its the middleman playing both sides
@billvandenbosch3017
@billvandenbosch3017 15 дней назад
Highlighting the ccp paradise
@Michael9-23-15
@Michael9-23-15 15 дней назад
Yep, it's looking pretty good in China.
@sleepinglaffey3886
@sleepinglaffey3886 15 дней назад
AI 5G Financial planning Failexpertise (despite k e y word filtering by Neal Y T)
@bissetttom1738
@bissetttom1738 14 дней назад
I am canadian and our prime minister trudeau admires the chinese government. no wonder canada is heading down the same path.
@RatTerminator
@RatTerminator 15 дней назад
GREAT 🇺🇲
@jonchicas-hw9op
@jonchicas-hw9op 15 дней назад
Awesome video 📹 my 📹 buds
@OddlyBoBo7
@OddlyBoBo7 11 дней назад
The people need to do business with payment upon delivery. No product, no money. Cash on delivery only.
@auraguard0212
@auraguard0212 13 дней назад
China's police department: - Doing its job 👎 - Using force to avoid doing its job ❤❤❤❤
@taterkaze9428
@taterkaze9428 15 дней назад
Great Depression 2.0 - will it spread from China?
@bissetttom1738
@bissetttom1738 14 дней назад
yes, the west is collapsing. it is going to get rough.
@lance8080
@lance8080 14 дней назад
Buy American stave off Recessions 🇺🇸
@j562gee0hdeewestsdegethemuLa
@j562gee0hdeewestsdegethemuLa 15 дней назад
Run with the money and go to America or vietnam
@sleepinglaffey3886
@sleepinglaffey3886 15 дней назад
Arctic Catfish Shenzhen Zhong Gengci laughs
@fefefan17
@fefefan17 14 дней назад
It’s a company ! How can they just up and vanish ?! Where can they even go ? It’s attached to the people’s name 🗣️ what kind of sense does this make ?!
@2packrm781
@2packrm781 15 дней назад
0:00 what?!?? 0:39 what a shame that they couldn't get their money back. 3:48 now that's a shame. 4:06 it's awful watching those ppl get cheated & get dealt with by the bandit cop thugs☹ 5:16 the cops should've gave them tickets for disturbing the peace instead of going straight to arresting mode😠 5:37 I see the E-Vs are starting to take its toll on the auto industries & the final nail being hammered in... 5:57 what a news report to see😦 7:03 yeah, why🤔? ⭐7:09 & that's why they're making their exit? ⭐7:48 is the CCPs fault, 7:59 no one is doing any investigating, & 8:12 the gov refuses to hold those ppl accountable to the law. 8:44 something is off here, but what else are they hidding🤔🤔?
@dedede9664
@dedede9664 15 дней назад
please, do not feel sympathy for them. they regularly do this to their international business customers: scamming, cheating, stealing tech - common Chinese business practice
@steelstanding8005
@steelstanding8005 14 дней назад
You do not pay for goods or services in advance, you pay on delivery
@Asone82
@Asone82 14 дней назад
In which fantasy land does this happen I'll go live there
@wilfredteo2899
@wilfredteo2899 14 дней назад
It is a drop in the bucket.
@tonnysiahaan830
@tonnysiahaan830 15 дней назад
Kok bisa kolaps ya..kan negara hebat n kuat..bikin matahari sendiri saja mampu..kurang hebat apa lagi..?😅😅😅
@gazzman6547
@gazzman6547 15 дней назад
China is relying for American investors for their economy. American investors fled China and invested somewhere else because of CCP Anti-spy policy bla bla bla. Without American investors thousands of Chinese factories closed down and millions of Chinese left without jobs. China is getting poorer and poorer every day.
@matthewvelazquez2013
@matthewvelazquez2013 15 дней назад
And Saudi Arabia decided to quit using the U.S. petro-dollar exclusively... I'm waiting for the future news of B.R.I.C.S. falling apart.
@taterkaze9428
@taterkaze9428 15 дней назад
Ain't no substitute for USD. Anyone who thinks otherwise is dreaming.
@sweetbabyray1000
@sweetbabyray1000 15 дней назад
​@@taterkaze9428 There's
@dedede9664
@dedede9664 15 дней назад
I wouldn't worry about what Saudi does - it's run by a total fool, MBS
@dedede9664
@dedede9664 15 дней назад
@@taterkaze9428 no one in their right mind would switch to RMB as their reserve currency
@gazzman6547
@gazzman6547 15 дней назад
BRICS uses Dollar to trade in international market. BRICS is useless as Chinese tofu dreg buildings.
@lucasomambong9552
@lucasomambong9552 19 часов назад
Good news!
@Samuel42069
@Samuel42069 13 дней назад
No bin chiling 😢
@Wizardess
@Wizardess 15 дней назад
I wonder if this is a cynical move on the part of the CCP to prepare the population for the war to acquire Taiwan. {o.o}
@user-vh5di2gl9b
@user-vh5di2gl9b 14 дней назад
China has a wide spread intelligence apparatus. I think the CCP should go after these people and their money and send both back to China. What a rip-off. And think of how much in fines the CCP could collect!
@oldernu1250
@oldernu1250 10 дней назад
@@user-vh5di2gl9b CCP and friends ARE the money men.
@reuben3077
@reuben3077 15 дней назад
See this how communism works 😂 no consumer protection because that’s what capitalist do 😂😂😂😂😂
@TOMMIE-sq2jc
@TOMMIE-sq2jc 14 дней назад
🇺🇲🧐XI JINPING'S ECONOMY OF COMMON PROSPERITY IS FOR THE PEOPLE OF CHINA TO RETURN TO POVERTY, WHILE THE HIGHER-UPS GET RICH & EVEN RICHER. IS YOU THINK I'M LYING, JUST LOOK HOW WEALTHY THE HIGHER-UPS HAS BECOME DURING THESE HARD ECONOMIC TIMES. THEY ARE RICH & THE COMMON PEOPLE HAS BECOME DIRT-POOR, I SEEN THESE HARD TIMES COMING AS SOON AS XI JINPING USURPED POWER FOR THE 3RD-TIME.
@Doom_Sayer
@Doom_Sayer 15 дней назад
videos from chinese new year timeline ? kinda old bro
@MUSTAFFA-DUMP
@MUSTAFFA-DUMP 13 дней назад
You have lots of pavements in China, i like pavements so i will visit
@Samuel42069
@Samuel42069 13 дней назад
bing bong
@PaulS-yl6hk
@PaulS-yl6hk 15 дней назад
Lose Money
@robertelsemiller1000
@robertelsemiller1000 9 дней назад
Ahh isn't communism great here in America we just call it democrats socialism
@jean-francoisfafard647
@jean-francoisfafard647 15 дней назад
You've been saying this for years ! 😧
@nick4995
@nick4995 13 дней назад
chinese crap rip
@user-rj2um3yj3s
@user-rj2um3yj3s 15 дней назад
This podcast lie big time Fa ching Yu
@lance8080
@lance8080 14 дней назад
CCP bot 🇨🇳
@richardc488
@richardc488 15 дней назад
Everything will be fine when all of China's are reunited as one
@jonchicas-hw9op
@jonchicas-hw9op 15 дней назад
Are you upset bc Your parents divorced when you're a little and that's what you want china as "one" wtf does that mean noob Taiwanese cooler than you
@randalsaladbar
@randalsaladbar 15 дней назад
Reunited into one what? Nothing good happens with the CCP
@user-dd6id9bn1e
@user-dd6id9bn1e 14 дней назад
Chinese are probably wonderful people ….’till you start having business relations with them …
@christo2974
@christo2974 15 дней назад
When economy is bad don't buy online buy @ mortar stores is safer.
@lance8080
@lance8080 14 дней назад
Buy American 🇺🇸
@sleepinglaffey3886
@sleepinglaffey3886 15 дней назад
Patriotismm of Xinnie PorkPooh #slopagandpa #misery - With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters. -Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing -Tofu Exports and Western imports, accounting for 37% GDP, are down. -Foreign investment is falling over 90% compared to it's peak in 2018. -Foreign visitors are down 96% compared to the pre-pandemic level in 2019 with less than 200 americans left. -Consumer prices are experiencing hyperstagdeflation. -Youth unemployment hits over 21% (in reality 50%+ after eliminating faked numbers), a record. -It's fast shrinking workforce is 10 years old than neighboring countries. - During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times. - It has printed more money than the US and Japan combined, while it's economy is only half of them. - Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg. - This is a macroeconomic nightmare created by the party going way back in 1994 when they took the Tofu money off the international exchange. Now in 2024, the banks and the average little pink have no idea what is the ACTUAL value of anything within the country. Any stimulus from the Central state. will be meaningless and ineffectual because the Central Bank is a part of the Party. Thereby merging both fiscal Central and monetary private policies into one ongoing disaster. Local province officials were doing stimulus spending for decades in tandem of the "Economic Miracle" which will undermine any Central stimulus during an actual depression/recession or more accurately.. HYPERSTAGDEFLATIONARY NIGHTMARE. -- in the future house prices will drop to 10%, youth unemployment will be over 70%+ without streams, and middle class people over 35 will all be laid off. How will you do in a country where real estate companies, local governments, and banks across China have crashed or fled? That is your challenge for the future (will you own a trash house with the mortgage?). Pensions will be laundered and your daily pay will be 2 dollars. Mengze harvard daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card Arctic Catfish Shenzhen: laughs at how Leeks feed her WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie
@doctoruttley
@doctoruttley 15 дней назад
😫- TIMBER!! - 🪵
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