From South to North, Large Malls Across China Are Desolate; The Physical Economy Is Beyond Saving 

Well said

Its kinda interessting to see how long are the chinese workers willing to take no pay for a job.

Chinese government has a habit of twisting statistics to make themselves look better. it wouldn’t surprise me if the unemployment rate and the salaries people have are worse than reported

Pooh doesn't care if you have nothing to spend. He just want you to spend what you don't have, just like spending what you don't have to buy a home

@@ozibala the populace not having resources is a feature, not a bug of Pooh's strategy.

You can only pay your employees if you're making profit. As you can see, businesses are falling like leaves.

yup, its directly connected to how they handled covid and lockdowns. When you force your people to never leave their homes even for food, to the point people were dying of starvation, you should expect some negative consequences. They were already hurting from the 1 child policy, this is just another nail in the coffin. It’s sad to see the people suffering because of a reckless government

@@SamookelyThey’re not reckless, they are indifferent to the suffering of the people!

@@cherylT321 i mean yeah, they dont listen to the people so they make laws that have a lot of unforeseen consequences. Id still consider that reckless too

@@Samookely Fair enough!

Good luck with that

It won’t make any difference unless the CCP steps down which they won’t.

winney the pooh is gonnna dissapear you

Change Biden....US city is full of drug addicts.

You forgot that this is China, trying to change the leader is suicidal. Look at the USA, we're trying to change the leader in 2024 and he got hit with 95 indictments.

_I met a traveller from an antique land_ _Who said: Two vast and trunkless legs of stone_ _Stand in the desert. Near them, on the sand,_ _Half sunk, a shattered visage lies, whose frown,_ _And wrinkled lip, and sneer of cold command,_ _Tell that its sculptor well those passions read_ _Which yet survive, stamped on these lifeless things,_ _The hand that mocked them and the heart that fed:_ _And on the pedestal these words appear:_ _"My name is Ozymandias, King of Kings:_ _Look on my works, ye Mighty, and despair!"_ _No thing beside remains. Round the decay_ _Of that colossal wreck, boundless and bare_ _The lone and level sands stretch far away._

However it IS the way of communism... it never works.... it stifles free market values... and that is what is happening now, are we happy about this in the Western world? NO. A prosperous high quality life for Chinese citizens is good for all the world.

Which area

Nothing like a war to distract the populace from failed domestic policy. They learned this from the Americans.

Absolutely, totally agree!

100% WRONG. CCP want the tech. But Taiwan will destroy it all before the CCP get to it. Fool's Gold.

jeez, that was a perfect glimpse into a society that acquired fast cash.

There seems to be very little common respect among people. Its just about money and ego.

Chinese have always been rude.

under ccp,there are no citizen,only slaves

I don't. They need to learn to save for a rainy day.

They never felt bad for us when they took all our factories and destroyed American jobs.

@@khanhcao3123 i mostly mean the fact that they are stuck in the middle of this stuff.

Save your sympathy for people actually enjoy freedom and yet still got their lives destroyed by China.

No independent third party auditors No backing statistical data Any number can be printed

CCP might as well report 500% growth. Reach for the moon.

They will say that Econ101 is vile capitalism.

USA's "alternative" economy can be resumed into what US State Secretary under Donald Trump said: "We lied, we cheated, we stole". In the meantime, we are still reading, after every quarter, in Western MSM, headlines like this: "China economy grows faster than expected in first quarter - BBC· "Industrial output for the first quarter was up 6.1% compared to the same time last year, " (apnews)

The difference is that the US has a lot more than manufacturing. it's the leader in technology, education, finances, science, etc... and it was a wealthy country way before the manufacturing started leaving the country. The US is still a manufacturing powerhouse, second to China, but produces high value manufacturing instead of cheap, low quality products. China still is a poor country and doesn't have internal consumption, that is why they aren't as resilient as the US when economic downturns happen. China can never rely in itself to boost consumption which is the base for economic growth.

@@robertofernandez7773 The difference is that China has a lot more than manufacturing. it's the leader in technology, education, finances, science, etc... and it was a wealthy country though "lying, cheating, and stealing" (see State Secretary Mike Pompeo), before it was able to become an industrial power. Now the US is aankrupted. The US was a manufacturing powerhouse, now it is second to China, and declines. Their "high value manufacturing", extremely expensive, may be "high tech, but, low quality, and, beside of Tesla, no legacy car company is able to put a reliable EV together. US becomes again poor country relying totally on internal consumption, that is why they aren't as resilient as China when economic downturns happen. USA can never rely in itself to boost consumption which is the base for economic growth.

@hokroeger you can think what you want. the numbers provided by ccp don't mean anything. I have Chinese family, so I clearly can tell they're struggling, their friends are struggling, their neighbors are struggling, their city is struggling, I don't say, they say. A country is prosperous when their citizens are prosperous , not when their government says. Chinese can't find jobs , Americans can, US stocks are growing, Chinese are tanking, US housing market is bad, but Chinese is just horrendous, and there is where Chinese have most of their wealth. Foreign Investment in the US is growing, Investment in China is fleeing, even recognized by the Chinese government. Soooooo, I don't know what to tell you. Americans don't migrate. the Chinese are leaving the country in droves , wonder why. I mean you can think what you want but facts aren't kind on your beliefs.

Some of these mall are being revamped into affordable housing her in US❤

WRONG. This is NOW.

Breathe...breath in the air...

#theskydontlie

China 0 recession China 0 inflation Usa recession Uk recession France recession Germany recessing India recession Taiwan recession

I think so. Europe will survive like it did many times in the past. China had seen rapid growth but it was the growth from borrowing and speculation, so now when one of the domino fell, the other sectors fell because it lacked supporting economy.

I think so. Europe will survive like it did many times in the past. China had seen rapid growth but it was the growth from borrowing and speculation, so now when one of the domino fell, the other sectors fell because it lacked supporting economy.

I think so. Europe will survive like it did many times in the past. China had seen rapid growth but it was the growth from borrowing and speculation, so now when one of the domino fell, the other sectors fell because it lacked supporting economy.

yeah and evergrande delivered on all their promised properties *hand jerk motion*

china is A#1 economy, don't do lies

Ah yes, you certainly had to work 12 hours per day plus another 2-4 hours overhour for bellow minimum wage in Ch!na. Thus you can relate to what people are experiencing there... As a smarter person I can tell you they don't have job shortage problems. The problem is their jobs don't cover their bills, and they using your entire life to work ruins the point of living itself. And your inability to do work that you don't have instead of a job you hate isn't proof that you "have" to do something, it just means you failed.

To be fair, the lockdown worked. They did contain the disease and achieved a very impressively low death rate. They just had to destroy their economy and act with utter disregard for the rights of their citizens to do so. Few other governments were willing to go to such lengths.

That is USA. Only printed money left.

​@@johntang4108 USA ain't the topic of this video. China is.

@@rebelfighter5249 China GDP is 5.3% while USA is only 2.7% in March quarter 2024. Who is likely to be in recession?

10 social credit points added

@@KanishQQuotes hahaha! damn you beat me to it!

@@juups86 10 social points forfietted

Of course, but to be comfortable about your poor performance just because others are doing worse is a looser state of mind that will not allow to fix the problem. That is why it is paramount to be critical with yourself (as a country) so you can be better and fix the problem. China is particularly bad at being auto critical and that is why this crisis keeps getting worse. China miscalculated its reliance on other countries, they became aggressive, thinking something they were not and they are paying the consequences.

​@@robertofernandez7773the Chinese fked this up, corruption is rife. Suppression of thought too. You can't grow when people are scared to think.

So we ignore the problem? Dumb arguement coming from dumb person

China growing their own safe food is possible but unaffordable given how polluted most of China's soil is, and the immense cost of restoring it back to healthy soil. Most Chinese people are familiar with bartering but it's a dumb idea for cities when the real estate is worth more than whatever goods they'd be using to trade. China is likely going to be dependent on food imports and raiding the high seas for at least another century.

Why what?

Because if you speak to ordinary Chinese people, which I do as I teach online, many of them haven’t got a clue what’s really going on. A lot is hidden from them and they just parrot the party line which they’ve been fed since birth. When the economy was doing well, they were encouraged to spend, spend, spend. In truth many lived way beyond their means. At the time I likened them to young kids rampaging in a sweet shop. Now, of course, they have to pay the price for, what in truth was often, sheer greed. They don’t understand what’s happened because they’ve grown up with the idea that their government knows best, has their best interests at heart and will look after them. It must be a bitter pill to swallow …

@ alvinyong, it’s the last place on earth I would want to visit, totally messed up by a Godless p, evil ideology- Communism

Thanks to the Democrats!

So who is right?

Ah, yes, eating fake foods and walking around beijing which is the only city with "somewhat" buzzling movement while every other city like shenzen is downright screwed and hong kong is slowly becoming a ghost city. I wouldnt trust those so called "travel bloggers" most of them are ccp shills.

the upper class probably

there are 1.4 billion Chinese 2% of them is still 28 million people

Many runaways who try to escape the oppression

People who have already left in order to work and raise their kids in a friendly, liberal and wealthy environment

Nope. China's economy is shrinking, while America's continues to grow. The CCP is lying about economic growth and there's plenty of proof. If China has a healthy economy, explain mass unemployment and civil servants across the country taking significant pay cuts.

+10 credit score added to your name.

But this is about China

@@i-eat-you Yes, it is "ChinaBad" propaganda telling lies about China in the aim to get attention off the failure of Western economies, and the fact that far more malls are empty in the USA as in China. "Pages in category "Abandoned shopping malls in the United States" (Wikipedia)

@@juups86 "Ad Hominem fallacy": when someone attacks the messenger, instead of trying to refute the message. A fallacy often used by low IQ commentators, when they realize they have been caught in a nonsense. Example: "+10 credit score added to your name."

Our trade and tech lifted them out of poverty, and this is how they repay us

@@JohnJaneson2449 so true we created a evil goverment

True there is not much need for physical store, many people buy stuff online.

Wrong again. Online sales are down, too.

Once vibrant city districts becoming desolate ghost towns

10 social credit points added

​@@KanishQQuotes对对对，中国人说和你们相背的话都是机器人/被中共收买，但不说话就是没有言论自由……说到底只是想我们说你们想听的是不？…

+10 credit score added to your name.

I doubt it is that easy to get new headlines in china, hell if you get outed there about leaking information out of country you will be in prison for a long time. Espionage laws are a b*tch to work around. lol