China's Economy is Failing- And It's Way Worse Than You Thought

Go to wecultivate.us/laowhy and see where your products are coming from. It's completely free.
I did some extensive research, and found out that China's economy is WAY WORSE than I had originally anticipated.
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Some sources -
www.forbes.com/sites/miltonez...
tradingeconomics.com/taiwan/cu...
tradingeconomics.com/china/cur...
asia.nikkei.com/Economy/Foreig...
www.worldgovernmentbonds.com/...
www.worldgovernmentbonds.com/...
adb.org/news/ adb-capital-management-reforms-unlock-100-billion-new-funding-over-nextdecade-support-asia
lowyinstitute.org/the-interpre...
csis.org/analysis/what-do-asia...
www.wsj.com/world/china/forei...
www.economist.com/finance-and... 2023/10/05/why-investors-cannot-escape-china-exposure
fortune.com/2023/08/17/china-...

[@laowhy86]

◘ Go to wecultivate.us/laowhy and see where your products are coming from. It's completely free ◘ Weekly Live show The China Show - www.youtube.com/@thechinashow ◘ Support me on Patreon to talk to me directly and support my work - www.patreon.com/laowhy86

[@unconcernedbeast9190]

your using prapagnda wrongly , can they not allowed to spread good news , you hate them so much your the prove of how much desgasting the west is , you will like it if they fell , but they wont fall keep dreaming

[@lachattemulticolore]

we fall too but yes china is not sustainable as well

[@JohnDoe-gk4kn]

China's economy is bad what a coincidence so is America's Egypt Russia's Israel's you know what just about every nation on Earth economies are collapsing almost as if there's a Planned agenda to move people to a centralized digital currency controlled by the Satanist I think there was a book that mentioned this several hundred years ago oh yeah the Bible they refer to it as Mark of the Beast

[@selfar9399]

I want a Bait and Rob initiative board game

[@user-hp5bc5cy2l]

You have crazy eyes. Is that cocaine?

[@RandomDudeOne]

USA companies should move their Chinese manufacturing to Latin America. Create jobs there so Latin Americans don't feel like they have to immigrate.

[@beverlyweber4122]

Bingo!

[@hampy1238]

Absolutely

[@GBart]

How would that stop the cartels?

[@grumpusmaximus9446]

100% agree

[@georgegonzalez2476]

Latin America is much like China-- the laws and governments are set up to fleece everybody and everything. Also the infrastructure and educational norms are shoddy. It's hard to say whether moving manufacturing there would be an improvement over China.

[@quantumgoddess7870]

I have to say that as a Mexican one of my cousins got defrauded by a Chinese businessman who took all his money and Everything that he had worked for, it was such a tragedy😢 nobody in my community believes in China or the Chinese anymore

[@aneeshprasobhan]

could you explain what the scam was so more people are aware of it ?

[@quantumgoddess7870]

In the late nineties. My cousin is an engineer and had a company that did contracted projects for the oil rigs in Mexico. Coatzacoalcos, Veracruz. I was very young and couldn't give you any more specifics but I can tell you it was a lot of money

[@smytheandywesson5134]

That's a shame for sure. When a group of us went to Mexico last year we were scammed by a Mexican and two Canadians working together.

[@mariawhite7337]

@@smytheandywesson5134 My parents dipped their toes across the border and bought a ton of tortillas. "for the orphans" They know they weren't for orphans, but bought them anyways. LOL

[@brunopadovani7347]

NEVER ever do business with Chinese entities without rock solid letters of credit, or performance bonds. If there is ANY way for them to not pay you, they won't.

[@s.v.2796]

I have watched our leaders sell out the workers of the US since the 1980's when i worked in San Francisco's garment district. Most of us lost our jobs when the sewing factors closed. I've refused, as much as I can, to buy from China since around 2004.

[@kenabbott8585]

The debt-traps that China has been snaring other countries in go deeper than we know. The conditions of these loans go way beyond just exorbitant interest.

[@josephberrie9550]

well ultimately they cannot take them back and who cares what the chinese think they have been scamming the west for 25 years

[@MrStevenAttila]

USA has also a huuuuuge debt to China, you know that right?

[@rigelb9025]

I would argue they've dug so deep that they have lead to ultimate & absolute disinterest.

[@johnm7267]

You should ask the Greeks and Sth America countries about the debt traps of the IMF. Greece will never pay off there debt to the IMF and it has literally taken over Greeces sovereignty. You clearly don’t know what you’re talking about

[@kenabbott8585]

@@johnm7267 "You should ask the Greeks and Sth America countries about the debt traps of the IMF. Greece will never pay off there debt to the IMF and it has literally taken over Greeces sovereignty." LOL. The 'debt traps' where the IMF is handing out loans and then forgiving them to distribute American money? "You clearly don’t know what you’re talking about" Well, I'm not spewing dopey bullshit in defense of the Chi-Coms, so there's at least one person here that I clearly know more than.

[@mikeynth7919]

This why I considered Li Keqiang the most dangerous Chinese leader. He understood economics, understood there were problems, and was grounded in reality. The same cannot be said for the rest of them.

[@me0101001000]

Li Keqiang would have made a great General Secretary. I really think he could have turned the country around. But at this point, something like that will not be happening anytime soon.

[@sandrothenecromancer6810]

One does case to be a communist, he would have reformed just si another Xi would hav3 more leverage in a few decades

[@johnpruett5258]

"Extinction is the rule, survival is the exception". Carl Sagan

[@ClannCholmain]

@@johnpruett5258that’s a great quote! Never heard of it before, but it’s absolutely true and obvious when it’s written down.

[@uploadJ]

Why my comment get disappeared in this thread too? I no come here anymore if this happen?

[@statostheman]

Mean while in Finland, they build an gas pipe line between Finland and the Baltic states. Suddenly someone damaged the pipe line and also the underwater cables within Finland and Sweden: "The police can now confirm with certainty that the anchor in the ongoing sabotage investigation originated from the Chinese-flagged vessel Newnew Polar Bear" China must walk very carefully, because we finns we see this as an act of war. Even we don't say it loudly, when they say: "Sabotage". It's haves an different meaning.

[@yaimavol]

Well and then there is what happened at the Wuhan lab and all the chaos that caused. They have a lot to answer for

[@ElizabethMBoyd]

Everyone should boycott China

[@machinesandthings7121]

I agree the world needs accountability from the CCP over the virus. We must not forget the culpability of the WHO, Ecohealth alliance, and Dr. Fauci. They funded and created the circumstance that let this happen and then attempted to cover it up.

[@the_real_glabnurb]

It really looks like China did that job for Russia, so that it's not a sabotage by Russia but just an accident - which could always happen...

[@Valoric]

You see it as an act of war because it bloody is. CCP has been doing this all over Asia, too. It’s incredible people have put up with this for so long.

[@coffeegator6033]

Back when you guys (laowhy86 & serpentza) used to make videos in China about how much you loved being there and starting your families it was so exciting to think of China as a place that had really made progressive moves and I myself had considered going and checking it out. I remember there were lots of Chinese students that used to go to the local university here, but later around the same time the videos you guys were making became kind of scary at times, the Chinese student population disappeared. So sad what greatness Xi stopped China from achieving.

[@TAIWANPARTOFCHINA]

nobody care about them in china they became laughingstock lol 2 gay not rellevant in modern china lol

[@ivan7453]

Perhaps there are no more Chinese students at foriegn universities. The positive is there are no more subversive Chinese ripping down people's free speech because of Chinese brainwashing.

[@jmchng9662]

Hah.....it's amazing how come till today there are still readers who can be easily fooled by the 2 blatant liars - laowhy86 & serpentza? 3 of them if you will to include poster of "China Uncensored" (now goes by another name). Come on, just think outside your box of whatever the 3 idiotic jokers are constantly spewing about China. If you can totally believe them, then I must say you are still sleeping under your coconut shell. As there are many other posters from various countries on this KZbin who spoke favourably (including negatively) of the things really happening in China. I bet you can easily find them on KZbin here

[@Tron8086]

If the US re-elects Trump, it won't be safe here either.

[@ohsnapsonbro4260]

Even then I knew it was bs........ they were pretty damn slow on the uptake.

[@tysonliptay170]

Everyone has been saying this for the last 20 years 😂😂

[@fredrikbergstrom9264]

Not true, what people have been saying for 20 years is that China will overtake the US

[@eduardoguizarperez8417]

and the funny thing about it is that now we here that potencies like Germany, US or France are in trouble!

[@howlernorthamerica5899]

It's amazing how much punishment, the Chinese economy, and citizen's can take before they break.

[@captain9842]

Nothing compared to punishment brown mqn took who got wipee out from aus, nzd, USA and suffered so much in India. White male made China strong to counter India's infouence in south east asia. White male knows india is future and chinese economy is ponzi scheme run by mad communist supported by my white male who is an angel

[@10kmilesy]

For better or for worse... most Chinese people is really good at tolerating bad government, simply because there isn't a lot of good ones in their history.

[@sdHansy]

To be fair, we seem to just bow our heads (maybe not the correct term) and let the governments completely run over us citizens here in the west. It's very much true for many countries in Europe, at least.

[@midgetydeath]

It’s because economies take time as they work on cycles and a look at history shows the Chinese are extremely masochistic and get off on being abused and oppressed. It’s the only explanation that makes sense. Oh, and are extremely cowardly.

[@spushkin1]

@@sdHansynot really. People are not shy to share their discontent in the West. In China, if you do so you’re putting yourself at risk of being charged with “Picking quarrels and provoking trouble”.

[@LLawliet04]

I'm so happy that my country, the Philippines got out of the BRI before the debt goes out of hand.

[@MUStafa-ym3yb]

😂😂😂

[@lulc4694]

You guys are poor because you eat out of the breadbasket leftovers of USA, nothing related to China.

[@16555CCC]

But I think your every street corner shop is a chinese. They slowly eat away from under your feet

[@foreighteen7797]

Perhaps the common Filipino should ask for reparations from Duterte's deluded fans, who thought partnering with the CCP was a stroke of genius. "There are three of us against the world: China, Philippines, and Russia." - Rodrigo Duterte (lol)

[@BenjaminBjornsen]

@@MUStafa-ym3ybSkulle nesten tro de sokkene du røyker ikke er så bra for helsa de?

[@ArchieLatham502]

As an elder millennial, one of the few advantages is having lived through the Great Recession. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world

[@lokelaufeyson9931]

use and re-use is also good. Why buy new when it works fine for the purpose and can be repaired? Sure its not the fancy metal neon looking equipment but a fancy decoration wont make better coffee for example.. its the same coffee you get in most machines.. Why pay for a WIFI and bluetooth connected coffee maker that use filter and a water punp? what difference does the WIFI and bluetooth do?

[@raiisleep]

I've heard they're collapsing for like 5 years I'll believe it when I i see it

[@KillsAll.]

It’s completely over for China, the reality is that a business can operate in China but the owners/ceos/management can be imprisoned for sharing their own data with a foreign business. This reality repels investment

[@MUStafa-ym3yb]

Wake up from the dream. Everything this person says is just a joke and a lie. You should look for facts from specialists, not from haters.

[@Serching4JerryGarcia]

@@MUStafa-ym3ybsorry wumao but China is close to collapse and there isn’t anything you can do 😊🤭

[@the_expidition427]

@@MUStafa-ym3yb Fact Chinese companies must have a state member on its board

[@ronnelacido1711]

Who are those so-called "specialists"? You're not referring to shills masquerading as "experts", are you?

[@jmchng9662]

Completely over for China? Hah...either you are trying to be another idiotic Gordon Chang wannabe on the making. Or you are still sleeping under your coconut shell. Just go & check how those corporate leaders worth their salt know how it's so difficult to get their supply chains outside China. And why those foreign companies that love to talk about shifting their operations to other countries DID NOT DARE TO TOTALLY moved out ALL their operations. WHY? That you got to find out for yourself before spewing your rubbish here.

[@ClannCholmain]

To think that mainland China could have been what Taiwan is, that would have been amazing!

[@pipiqiqi4010]

if mainland China did what Taiwan is, then China would be like a colonised country of west, like Philippine, Japan and south Korean.

[@TheAcrit]

@@pipiqiqi4010 在这碰瓷日本韩国不丢脸吗？拿头去和他们比人均gdp和社会福利。嘴贱叫人殖民地，那你这活得还不如殖民地是咋回事阿？

[@rax1899]

@@TheAcrit白痴

[@msimon6808]

@@pipiqiqi4010 China is much better off being colonized by the CCP!

[@pipiqiqi4010]

@@TheAcrit 那你去问问韩国和日本美军军事基地周围的居民，他们是如何看待这些基地的？还有哪些过去几十年被美军士兵强干的女性，他们是如何看待这些基地的？反正中国没有这样的事。另外，人均GDP和社会福利与是否是殖民地并无关系。如果殖民地都能成为发达国家，那你问问菲律宾人他们发达吗？

[@Nori20374]

I love how you compared China to a supernova. Like after a supernova it collapses into a black hole. So when China's economy collapses it pulls the other country investors along with them.

[@carlramirez6339]

It could also be a neutron star: tiny, dense and radioactive.

[@dignityandstrength9791]

My Chinese student told me they’re shortening the Chinese New Year Spring Holiday because they need to help the GDP. I knew there was a big problem then. Turns out kids are great sources of information. 🤷🏼‍♀️

[@rax1899]

Wow really? I have family friends who are also Chinese and students and I’ve never heard about this before!

[@rajnaik5787]

Confucius, he say “Xi bark like mad dog scare away business, he forget World Factory need World Customers”

[@itrytobeanonymoustoo5289]

LOL. Very good.

[@uploadJ]

WHy my comment disappear?

[@CubicIronPyrite]

I grew up with many jokes similar to this, for example: "Confucius say, 'Man who go to bed with itchy bottom, wake up with stinky finger.'"

[@ClearanceCollector]

Thank you for supporting Taiwan businesses. As a Taiwanese in U.S., I always buy Taiwanese snacks and Taiwanese plumbing parts such as washers because they are tasty and durable. Keep up the good work.

[@TAIWANPARTOFCHINA]

THX SUPPORT TAIWAN PROVINCE OF CHINA 🥰 🇨🇳 🇨🇳

[@flamingdeathbanana]

​@@TAIWANPARTOFCHINAWhy would Taiwan wanna be apart of that shithole?

[@mayrokratt6195]

Taiwan you can run but not hide

[@cathjj840]

Nice to know those products are not only top notch but do double-duty ;) A washer canapé, anyone? A snack that laaaasts?

[@circletech7745]

didn't know Taiwanese plumbing parts tasted good

[@galenhaugh3158]

Investors are avoiding China like the plague.

[@Oliver.Verdant]

Cultivate is super helpful. I tried it off of your recommendation. I typed in made in USA and it was still manufactured in China 😂 90% of everything on Amazon is.

[@jesseerven4859]

china thought it was a super power before it really was and they cant pay the bill for it anymore :(

[@captain9842]

White male made China strong to counter India's infouence in south east asia. White male knows india is future and chinese economy is ponzi scheme run by mad communist supported by my white male who is an angel. No one can stop bharat

[@PigeonHoot]

I mean they still do and will, they will simply continue trading in their peoples blood.

[@DK-ev9dg]

They never say they are super power

[@xLuis89x]

@@DK-ev9dg they do it all the time...

[@DK-ev9dg]

@@xLuis89x never. They are constantly improving. Yet quietly doing the right things for their country. You are irritated and I tell you one thing. USA has to remove their poverty, homelessness, crime and drug menace. America doesn't look like close to superpower when millions are homelessness and sleeping on the streets under filthy conditions with no access to toilets and clean water

[@ohms497]

Thanks! That's wild news. I knew taking over Hong Kong was a mistake. Hong Kong is what made the CCP rich to begin with. If the CCP were smart, they should recognize Hong Kong and Taiwan as autonomous regions and learn a thing or two.

[@ronnelacido1711]

Taiwan will never agree to an "autonomous" entity because it implies that their existence is due to the CCP's indulgence.

[@bifrostbeberast3246]

You know what they say: The smaller the snail, the bigger the ego.

[@mayrokratt6195]

bro seriously thinking he knows better than the guys in charge, what a bozo

[@TheAcrit]

​@@mayrokratt6195 If the guys in charge really knows better than those not, there won't be nations rise and fall.

[@Wei891]

My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US. The government has really called things more difficult for its citizens,and we can't sit back and bear all the consequences of the bad governance.

[@unkn0wnpers0n]

I personally appreciate your efforts to site your sources Matt. I know it’s probably a pain but it’s important and I want to recognize you for that good work

[@marenernst1841]

I thank you also!

[@DeborahKettle-bs6du]

Soon ALL the people of China will be driving around on 🚲 And living in their 🚗 😂

[@kayrosis5523]

I've been getting daily updates on China since about 2018 because I figured that as the second largest economy in the world, what happens there would probably affect me. In 2020, I realized covid would be a major issue about a month before most people in the west ever heard of it, and in 2022 as I watched Evergrande collapse, I told my friend who works as an executive in the Australian iron mining industry to get the hell out of dodge and walk away while they were still in the black. (they partially did, and recently told me they wish they had fully done so like I suggested, because not walking away fully cost them almost $1 million) And all the news I've been seeing about China in 2023, there is only one word that comes to mind... Apogee, the highest point in an arc. With every new story, the more I am convinced that someone who is about 50 today will live to see the rise and fall of China in a single lifetime. Even if the CCP were to disappear tomorrow, their demographics and shoddy infrastructure has locked them into an inevitable collapse that will last decades at a minimum. Add in the global threats of climate change and AI, and frankly I just don't see China ever returning to growth and now simply wait for the day that India claims the title of "2nd largest economy in the world"... Which I imagine would be the greatest humiliation China will face short of losing a war to invade Taiwan and getting bodyslammed by the US in the process.

[@CornPopodopolis]

Climate change 😂

[@Sjb2077]

Why oh why do you trust anything Communist countries say . They lie, always have. sixty years that I have witnessed. The USSR was the past master at it. China growth rate 7.5 when the rest of the world was around 2 or 2.5. Utter rubbish China never managed that

[@GeoScorpion]

India, (especially under Modi) is pretty self-sufficient and immune to economic sanctions, but they have their own issues including climate. It's hard to study India because you have to study it in parts that are sometimes independent of each other and sometimes integrated... in 12 dimensions. On China, though, Matt made an interesting metaphor about China as a star that is imploding. The thing is that stars swell and expand outward and eat the inner planets before they collapse because there is nothing in the core to support it. All National initiatives came from money raised by local governments. Local governments, to meet the needs of the National government, did schemes to raise money such as Development by Real Estate Developers such as Evergrande and Country Gardens. Twice per year, they raised money through development. This December: No credit and no developers. The banks and the shadow banking system that depended on these schemes are doing their own schemes such as not allowing money to be withdrawn even for the simplest things... or, just stealing depositors' money. Finally, local governments are using illegal 'fines' ("You cut a cucumber the wrong way", "the tires on your truck are too muddy", "Your EMPTY truck is 22 tons over the limit", etc. I have terabytes of video with citations) China and Russia are very quickly getting down to their very last weapon.

[@fuzzyspackage]

xhina humiliation cringe 🤣

[@GeoScorpion]

@@fuzzyspackage ?

[@maximusvonb]

I have been to China 6 times and so sad it is heading this direction, almost considered living there at one point, boy, how things have changed. Not fair at all on the lovely people there imo.

[@PigeonHoot]

Not much has changed, it always was this monster since and during its latest revolution in the 20th century.

[@DK-ev9dg]

You are lying. You never went to China

[@midgetydeath]

Nothing changed and it is entirely its peoples’ fault.

[@DK-ev9dg]

@@midgetydeath you want China to become poor again. Nothing has changed in America either. Same crime and killings and poverty and homeless. Still homeless people are sleeping on the streets under filthy conditions with no access to toilets and clean water. Youth are still shattering bus shelters, slashing car tires, writing ugly graffiti on the walls everywhere, doing drugs and looting stores. Raping vulnerable girls and do pedophilia. Doing school shootings. Still pushing elderly on to the incoming traffic from the edge of the road. Nothing changed. Shame in you. Hey clown, China changes every 6 months for the better.

[@vanjamenadzer]

I just don't like these videos are they are usually presenting things in a propagandist manner, because most of NPC's are not capable of taking a look at how the west is doing (news flash - it's not doing well).

[@Jason-fm4my]

Argentina wants to adopt the dollar, but due to their bankruptcy, they probably won't have the money necessary to buy back and replace their own currency. Switching currencies is actually very expensive.

[@LazyM0nday]

People been saying its collapsing for years.. how fkn long does it take to collapse it D?

[@N330AA]

You got a Supernova the wrong way around i'm afraid. The star implodes first because the fuel in the centre exhausts and the fusion stops, and with it, the outwards pressure that was counteracting the force of gravity. Therefore the entire mass of the star collapses in on itself unleashing enormous amounts of energy in the process. And yes, I'm great fun at parties

[@krugmeup2162]

lol appreciate your intellect.

[@Hope-Truth-Light]

Hahaha appreciate the knowledge man

[@addisonsteiner6473]

The tragedy that is coming for the regular people of China is very depressing.

[@rogermas6087]

Same USA. Homeless is a big problem 😂😂

[@Little-chilli]

😂不如看看明年美联储停止加息以后，那个国家的通胀会先爆炸。

[@bifrostbeberast3246]

@@Little-chilli 绝对不是在中国。中国正在内乱。😂😂

[@illsmackudown]

Wir muessen uns trotzdem verstehen und zusammenraufen.

[@KinLee919]

Don't worry, we have been falling for 30 yrs.

[@emerson-sheaapril8555]

I'm currently suing 3 Chinese companies Tops Learning, iEnglish and one UK company, called Phenix Publishing, which is just a front for the previously mentioned companies. They stopped paying for work done for them and still owe about 50 people. The excuses I have been given over the years, are laughable, then they started to rewrite reality. So we finally had enough and served them papers.

[@craigpurvis5340]

Your best show so far! Well researched and well said. Thanks for the hard work.

[@mayrokratt6195]

ah yes "well researched" (lmaO)

[@robsrockinout]

Almost there at the 1 million mark! Keep up the great work Matt.

[@mayrokratt6195]

sounds like a total bot

[@robsrockinout]

@@mayrokratt6195 lol nah I'm not a bot. Just a long time fan. Cool guess tho

[@mayrokratt6195]

to take this guy seriously u gotta be a total bot tho@@robsrockinout

[@robsrockinout]

@@mayrokratt6195 agree to disagree. I don't know why you're watching the content and commenting on it if you can't take it seriously. Like I said I've been watching this channel and Winston's as well as the China show and ADV China for years. It's interesting to see that you would take the time to comment two different times in two different days on something that you don't like, you do not respect or take seriously, and then you accuse me of being a bot. I'm pretty sure we found the bot and it's you.

[@mayrokratt6195]

nice mental gymnastics, bot@@robsrockinout

[@chrisoleary9876]

Thanks Laowhy for your powerful witness! ❤

[@uploadJ]

We need honest, open reporting and observers of the facts. True that.

[@rax1899]

@@uploadJno way u actually believe this dude lol

[@uploadJ]

@@rax1899 re: "no way u actually believe" Heh. When the the facts are on my side, there is no need to "believe".

[@rax1899]

@@uploadJ facts? LOL tell me one time this dude was right about ANYTHING, bros been talking about the “collapse of China” for a few months/years now

[@elcatmanman8642]

My issue with B.R.I.C.S is that they were pushing for a B.R.I.C.S form of currency, which to me, sounds like a wildly outlandish idea. So five countries, only three of which share a border would make their own money and expect the rest of the world to accept it? At this point in the game, currency only has value because we make it have value, no one is going to accept that form of currency and they'll be dealing with monopoly money at that point.

[@CubicIronPyrite]

B.R.I.C.S would be better off as B.I. at this point. Russia has been ostracized by the world because of failed-dictator Putin, China is about to succumb to all the problems outlined in this video, and South Africa's growth is decelerating.

[@Gleifel]

@@CubicIronPyritesouth african growth decelerating is like the understatement of the decade lol. I mean google loadshedding and that says it all…

[@elcatmanman8642]

@@CubicIronPyrite absolutely right! China and Russia are pretty much authoritative nations on everything but paper and South Africa is destabilizing fast. China is out here trying to do imperialism but can't even give their on people potable water. If the CCP thinks that the local county debts are a county issue, they need to look up the domino effect, lols.

[@CandyGirl44]

Our government is like leeches - they will latch onto anyone they think they can parasite some "investment" money out of, as they have bankrupted most of the entities in SA that possibly can be drained. They will pally pally up to China, Russia, any country or body that shows an interest. It was very "illuminating" that we had no loadshedding during the BRICS conference, only to be plunged back onto stage 6 as soon as the representatives were safely away on their planes. Putin would have been welcome too, if it had not been for the international outcry, so he could only participate on video link. But we allowed a Russian ship to dock in Simonstown, and the corrupt municipality of Knysna welcomed a Russian delegation.

[@pbreedu]

The small Dutch town of Eindhoven manufactures the machines responsible for producing advanced computer chips. Only the Dutch possess the know-how and skills necessary for crafting these intricate machines. Given the close alliance between the Netherlands and the US, when the US requested them to cease selling these crucial machines to China, they complied.

[@avocadoarms358]

I’m in Australia and on tv they’re advertising a shitload of these holiday trips to China to “see the beautiful scenery, the Great Wall of China…” no wonder😂

[@iamsheep]

Yeah because no other country advertises for tourism

[@Spamkromite]

To what remains of the wall, because most of it is gone and has be turned into tofu dreg.

[@tim211292]

its funny honestly, nobody here in Oz is gonna go there, so the chinese are paying for nothing, free money. i think the chinese government didnt realise the fact the government is reaching for trade barriers to go down and saying normalisation of relations which is a good thing would somehow make average citizens forget the terrible shit china does in china.

[@hammothw4814]

@LadieKatie Taiwan is easier to travel, for sure. but the Chinese are extremely friendly, especially if you can speak a little Mandarin.

[@de14jabs]

Tartarian empire built the wall to keep those south of it contained and away from the empire

[@aspenenglish4976]

You’re the best Matt. Thanks for always keeping us informed!

[@TAIWANPARTOFCHINA]

american bots try hard

[@mayrokratt6195]

alright, lets watch what happen and then we come back, if china economy stay well, this laowhy guy will be a complete bozo

[@rax1899]

Yea we don’t talk about the view to like ratio LMAO

[@Waverlyduli]

Xi's legacy: * Looked like Winnie the Pooh * was the dude who stuffed up the Chinese economy (with a bullhorn) * cancelled the CCP (sort of by accident) * to be continued

[@IamP3ngu1n]

Went for a walk in a "Country Garden" and got mugged and had to pay a fine for walking in that "Country Garden". 🤜🏼🤕

[@yadusolparterre]

Where was that, and how did you get mugged

[@IamP3ngu1n]

It's called Sarcasm ! Country Garden is a property development company based in Guangdong...Google it !@@yadusolparterre

[@i-love-space390]

China has decided they want to take advantage of the Western-built post-WW2 business and political world system and western wealth to build up their influence, and then, having learned NOTHING, they want to break it down and make it more like their disfunctional selves. Unfortunately, much of the developing world has little experience with open markets, rule of law, and democracy, so the Chinese siren song resonates. The supposed "efficiency" of autocrats even attracts some political leaders in the US, (mostly in the Republican Party.) The prospect of a world that morphs into the totalitarian, corrupt model of the autocracies is extremely depressing. I hope this generation does not ignore the lessons developed by blood sacrifice of the Greatest Generation.

[@DaveEtchells]

We’re witnessing the complete collapse of an advanced national economy on a scale we’ve never seen before. Various third-world dictatorships have blown up their economies, but they had no impact on the world as a whole. China is the second largest economy in the world and is deeply coupled to almost every other country. And they’re not just having a recession, it’s a total economic collapse. There’s no precedent for this, no one has any idea how it’s going to play out, but it’s going to be ugly.

[@TAIWANPARTOFCHINA]

LOL AMERICAN BOT IS HILARIOUS 🤣🤣🤣🤣🤣🤣

[@msimon6808]

@@TAIWANPARTOFCHINA Chinese housing prices are through the roof. Others are through the ceiling. Some are through the floor. What is known is that Chinese housing prices are through.

[@rigelb9025]

@@msimon6808 The housing prices are through the roof and beyond, while the housing itself has collapsed to the ground, and beneath.

[@brockmckraken]

I love that you and Winston have opened my eyes to the real China. Do you ever drop links to these Chinese propaganda videos so we can enjoy the comedy and desperation? LOVE your channel. I watch every video, it's fascinating!

[@camlee2341]

they spread propaganda too..buddy...thats how they make a living

[@MM-hm2wy]

I used to live in China and it was a fascinating place. People were very nice. Then the govt started more control and shifted their propaganda to being anti western. The people are now suffering for it. I will not go back there. Sad.

[@TheAcrit]

@@camlee2341 Everyone can choose what they believe is correct. If you believe the Chinese one, buy the dip and invest in China. It's your own wealth at risk anyway.

[@rax1899]

Real China my ass lol

[@user-kn1oo1be4r]

I'm Chinese, he's talking nonsense

[@dovs96]

Ok, once it really crashes, I will consider listening to you again. You doing the vids with the bold and loud titles like that for the whole time I subscribed to you, and, afaik, the average Lao is in his richest years right now. It doesn't necessaty mean you are wrong and it can't crash (every economy can, and you won't see it coming most of the times), but the amount of videos telling me that CHINA IS COLLAPSING RIGHT FREAKING NOW is actually making me more skeptical every time you post something like that.

[@natewunderman4597]

Contemporary China, is for all intents and purposes, is 'governed' by another emperor just like from the bad old days before the Xinhai Revolution. As history has shown consistently, absolutist regimes rise and fall with the peccadillos of the guy in charge. All that is different from the dynastic period is how the emperor is chosen (rising through the ranks of the CCP) and how one becomes a bureaucrat (CCP membership instead of the Keju & holders of a Jinshi).

[@musemellow]

Taiwan number 1

[@BrianWelch-kj9qs]

The Concrete Confessional blog guy has some insane stories about being an educational consultant for the children of China's elite politicians / businesspeople/ celebrities. The first part is called "I Was Simon Song." It's def worth checking out. He was in Shenzhen during the COVID lockdowns, the A4 protests, and the pro-democracy riots in Hong Kong, as well.

[@daveswitzerland4442]

Very good content, you alone or also Together your China Show. Amazing quality!

[@CuriousInquiror]

i love how you worked in references and comparisons to Taiwan! I'd love to see how inapposite Taiwan is in other ways. Like if mainland uses gutter oil, show examples of how Taiwanese vendors don't go anywhere near gutter oil, or that mainlanders treat their disabled people like trash whereas Taiwanese have great social benefits for disabled people, etc.

[@ness6099]

To be fair, not using gutter oil to cook is something to be expected and hoped for, not a sign you're deserving of praise. Still, there are a ton of stuff Taiwan does right, some better than other developed nations like the US and Europe.

[@psychopompous3207]

WTH is "inapposite"?

[@pipiqiqi4010]

maybe you don't know Taiwan is the initiative of the telecom scam, all the telecom scams criminals in Asia are organized by some people from Taiwan.

[@raiisleep]

​@@psychopompous3207different, i suppose

[@psychopompous3207]

@@raiisleep That was my assumption, though I don't believe that word exists within the language.

[@k.k356]

Remember that an economy dying doesnt mean the country will. Take Iran and North Korea for example. If anything, it might make it easier for the CCP to fully turn it into a bigger North Korea. The only problem for them is that China is a very large center piece of most third world countries economies and if that completely goes under, so will these other nations eventually. Not to mention how much this will affect western economies as well.

[@reekinronald6776]

China won't disappear...it's lasted in some form for thousands of years. The issue is 1) will the CCP promote war to retain power. 2) Will this cause an economic depression around Asia and the world and 3) Will this cause another tsunami of mass migration that will finally destroy the West culturally and economically.

[@ness6099]

@@reekinronald6776 Saying China has lasted in some form for thousands of years is like saying Rome has lasted to this day, you're technically not wrong, but the people and ideologies are wildly different between those groups, the only thing that lets people claim China has lasted that long is that its dynasties and rulers owned the same definitive plots of land, which even then that land has a different role today than it did 5 thousand years ago. Also "finally destroy the West culturally and economically." ? Do you think the West is so weak that getting more people would destroy it? How many people are we talking? If you suddenly teleported 400 million Chinese people into America then yes I'd say culturally we'd be a lot more shifted towards Chinese and Asian roots, but that's such a wild and obscene scenario.

[@thenightwatchman1598]

the people who watch this channel have a elementary shool level understand of world history. everything has to be painted in a broad brush. either china is on the rise or it is hopelessly fucked, no in between for some reason...

[@psychopompous3207]

​@@ness6099It's feasible, as the l e f-t would support this cultural shift to a more authoritarian system, especially as they already hate the US led West anyways and love of country.

[@mikoto7693]

Honestly I’ve thought of China as a larger, less poverty stricken, more skilled at lying version of North Korea for awhile now.

[@bharatdahya776]

Don’t worry about China’s economic woes. It looks more and more ominous for the US too. A recession is very likely by quarter two of next year for the US, according to US economists. Unemployment is going to rise exponentially. Be prepared.

[@Raikenbolai]

The sheer density of bulldust in this video is admirable

[@ReFriedNoodles]

13:07 Exactly. I'd imagine TSMC would become a dead shell company if China took Taiwan. Hong Kong is just a recent and very devastating example.

[@ericjohnson9468]

Good point

[@camlee2341]

Hong Kong's GDP to be $488 billion and Hong Kong is 22nd in the overall Prosperity Index rankings....keep spreading fake news..u wish HK was doing bad

[@CubicIronPyrite]

Xi Jinping and his loyalists have the opposite of the "Midas Touch," the "Monkey scat" if you will.

[@jfverboom7973]

Especially since mainland China would not be able to take over the TSMC supply chains.

[@camlee2341]

@@jfverboom7973 china owns 95% of raw minerals needed for semiconductors.....all those companies will fold if china stop trading...they aint petty cuz money is money

[@victoriahope8371]

Laowhy86, thank you for providing us information about China. As a teenager, I used to dream of obtaining my English degree and moving to China to teach English. Now, I'm stuck with my Bachelors degree in English Literature, double minor in creative writing and business-finance concentration. Still living in the USA.

[@George-dy3pt]

You ain't stuck! Go live in China!

[@jnesrh420]

Really enjoy your channel. Thankyou and God bless your family.

[@richardrose2606]

The man eating grapes is "a well-known expert on International Finance".

[@JohnnyRehab]

Just wanted to say, always appreciate your videos and takes on China, I have watched a lot of your content, and just wanted to thank you for presenting quality information.

[@Shadowscares433]

You need to watch people that is living in China and have move it family to China. Not a guy that not in China and take old videos and edit videos to but fake news and lair out there

[@jmchng9662]

Another ignorant dude who knows next to nothing about things in China and only based on either biased western media or simply blatant lies from haters like these laowhy86 & serpentza. Btw this laowhy86 dude talked about inferior / low quality Chinese products. Hey, remember this saying (colloquially translated)...."Good things not cheap and cheap things not good". In another word, dun expect to get a $20 quality product from a shop that is selling products at $2.

[@mayrokratt6195]

"quality information" lmao i hope it is sarcasm

[@rax1899]

Lmao this has to be a troll

[@ChrisPelletier73]

Love this channel. Thank you!

[@SilverLady52]

"China doesn't make anything the world needs with its own innovations. It was the world's factory." You took the words out of my mouth! My husband and I have discussed this many times and I have said exactly this statement. I had a college professor who spent time in China and he told me the most striking thing was how so much of China was a straight up copy of things in the US. For example, the highway system is exactly the same right down to the signage. China doesn't create things, it duplicates them effectively.

[@rax1899]

If that’s the case then it’s kinda sad how much better the copy is than the “original”

[@silverdolphin1123]

​@@rax1899Is it????

[@rax1899]

@@silverdolphin1123 You can see a very big difference in the subways of the US and China

[@indigo0977]

I doubt they copied the USA's public transport systems. There were definitely better options out there in other countries they could copy. Though honestly, if something someone else is doing works better, why wouldn't you at least try to learn from it and update your own equivalent?

[@seriouscat2231]

@@rax1899, sad? Why? Fro whom?

[@ralph72462]

As far as the chip technology is concerned that is one of the reasons why Taiwan is so important because we have shared a lot of our advanced technologies with Taiwan. As far as I know China can not reproduce the microtechnology of most of our modern chips but Taiwan has those capabilities already and even produces some of our military components. Thank you for this video very good information and I will take a closer look at that browser app because I am trying to not be cornered into buy crappie Chinese junk even though made so easily available because of Amazon which quickly delivers to my door. I want to support Taiwan rather than China.

[@jmchng9662]

It is extraordinary that for all the technological achievements of the US, China is now seen as being ahead in this field almost across the board. According to the results, this is a view endorsed by a majority of the public even in the most devout allies of the US, including Australia, Canada, the UK, Germany, the Netherlands, and Sweden. NB: The above is part copied from the report on the survey done by Pew Research Center

[@mayrokratt6195]

copium bro, eventually China will be Top 1 and you will be crying hard

[@taterkaze9428]

Summary of China's economic future: 1. Property/construction was an unsustainable 30% of GDP. The big infrastructure projects are finished, residential construction is way overbuilt, and debt financing is restricted. Property/construction ranges from 10% to 15% of GDP throughout the developed world. Assuming China's ratio is forced down to 15%, that's a 15% loss of GDP. 2. Industries related to property/construction (including steel, transport, heavy equipment manufacturing, sales & leasing, and support services like uniforms/clothing & food) will also shrink. The assumption here is an additional 5% of GDP. 3. China's exports to Europe and America are down 12% and 16% respectively. Total exports were recently reported to be down 14%. Because exports contribute 40% of China's economy the export drop represents a 5% loss of GDP. 15% + 5% + 5% = 25% decline in GDP, same as America in the Great Depression. There's a lot of other data supporting the China Depression thesis: 1. CCP has greatly reduced published economic metrics. 2. CCP is attempting to rig the Shanghai stock market by intimidating short sellers. 3. FDI is down. 4. Several major Western institutional investors are leaving. 5. Thousands of closed factories & many reports of factories moving to Vietnam, Thailand, India, and Mexico. 6. Age 16 to 24 unemployment officially reported at 21% is in reality 45%. 7. Blatant and pervasive age discrimination towards people over 35 years old. 8. Cash shortages at banks. 9. Provincial government running huge deficits and resorting to extreme measures for financing. 10. Bankruptcy of China's largest property developers. 11. Many thousands of closed shops and restaurants and empty shopping malls. 12. Major Western brands leaving eg Carrefour.

[@RG-iw4c]

But how china gdp growth 5% almost than

[@CubicIronPyrite]

I think Xi Jinping hoped all the unsustainable "time to pay up" downsides would happen outside of his lifetime, so he'd have some sort of false "legacy."

[@wombatillo]

​@@RG-iw4c It probably didn't grow 5% annually in the past couple years. The numbers coming from the Chinese government are incomplete, suspicious and not transparent and China is known for inflating their economy with real estate for example.

[@user-xx6zi8ub9c]

Most people aged 16 to 24 are still students. Why should this be included in the unemployment rate?

[@NoName-mi8js]

"Although widely regarded as the "powerhouse of manufacturing" or "the factory of the world", exports contribute only a comparatively small proportion of the Chinese economy, at just 18.5% in 2020. Of the world's 500 largest companies, 142 are headquartered in China." Like... seriously. Directly from wikipedia.

[@peterdaly9283]

Loving listening to podcasts from a very experienced provider. Thank you. I also miss your old show.

[@whenisdinner2137]

The funniest thing about bricks is that it was literally an acronym made up by some executive at Wall Street to have something to invest in 😂😂😂

[@shanghaiffgg]

Kenya? Kuwait? Kazakhstan?

[@markdraycott3974]

The internal market of a country of this size of population should be huge but it’s obvious that the average person has very little money to spend so without manufacturing they are well and truly buggered.

[@captain9842]

White male made China strong to counter India's infouence in south east asia. White male knows india is future and chinese economy is ponzi scheme run by mad communist supported by my white male who is an angel

[@willsmith39]

Rick was apparently just heard to exclaim "Wow!...So bad!" Even subway wonderman looks deflated 😞

[@Crimson-katanas]

In manufacturing its quite bad because they've purchased the same staggering high quantity of raw materials with a fraction of the business. So shops are standing still when they're generally non-stop busy, and there are massive freak outs happening internally not knowing where to turn to next because outside sales generally never existed in China manufacturing, it wasn't ever needed.

[@XXusernameunknownXX]

Is a weak and diminishing China better? I'm kinda scared of what they might do when their back is against the wall.

[@DucDigital]

The back against the wall narative has been used so many times to justify violence and keep dictators in power. China, when backed to the wall, will need to face it’s people, those people that the CCP has been defrauded for so long

[@briandbeaudin9166]

Nah. Their military is "made in China." How good do you expect it to be? How bad has Russia's turned out to be?

[@pbxn-3rdx-85percent]

China inevitably will slowly revert back to 1970s-early 1980s china. Back then china was all smiling and accommodating to even the smallest investors. I had a copy of their trade magazine from the early 80s. The products they were advertising in that magazine were paint brushes made from pig hair, tennis shoes with designs that looked like from the early 1970s, frying baskets made from galvanized chicken wire and bamboo, woks of different sizes and 10 more black and white ads for paint brushes made from pig hair. I can remember I felt sorry for them looking at their products they were desperately selling at the international market.

[@camlee2341]

@@pbxn-3rdx-85percent whos feeling sorry now? lol..america produce crap like coke...who needs an iphone for 1k when u can get one for 200 bucks

[@pbxn-3rdx-85percent]

@@camlee2341 Even the chinese theselves still buy expensive american designed iphones. The chinese themselves think huawei phones are trash. Don't hate me, I'm just the messenger of truth. I don't buy iphones, but if the chinese want iphones instead of their own products then let them buy iphones. Who's sorry now? LOL

[@pinochetshelicoptertours1677]

A good way to start the weekend, thanks!

[@afoolishdreamer1567]

Argentinian here. Yeah 100%+ of inflation sucks so hard

[@kennethprice5628]

Its a shame the common Chinese suffer

[@markb8468]

Did anyone else catch the lex Friedman-Elon Musk podcast a couple days ago? Elon was going on and on about how great the architecture is and how beautiful and great China is. I doubt he goes out past the cities to see the abject poverty and horrible living conditions for the vast majority of Chinese.

[@camlee2341]

u mean like american cities....u never been to china buddy so how would u know?

[@brokelaowaiinchina]

China’s road, fast rail, subway and public infrastructure in general is great, even in 2rd ~ 3rd tier cities. That we can’t deny.

[@paperandmedals8316]

Chinese labor cost have increased 14 times with worker productivity increasing 100% in that same period. China is no longer the low cost manufacturer it once was. The CCP covering company loses is yet another expense that bankrupt the government. Just waiting for the first domino to fall and the rest will play itself out. Will be a very scary time. That’s why the US has record factory construction happening today.

[@kfcc66]

Great video! Sums it up perfectly :)

[@franzehnert392]

..... the same was said about America ,15 years ago!!!

[@capitalistdingo]

China’s economic and demographic problems are bad and getting worse but it is always surprising how well decrepit systems can limp along with the odd uptick now and then. The USSR was expected to fail soon for decades before people gave up and decided that we would have to learn to live with the USSR existing for another 70 years-only then did it fall. The “rise” and fall of the USSR and “rise” and fall of the Russian Federation can be seen as waves of ups and downs that occur as an empire (like the Russian empire) decays and stabilize then decay again over centuries. Like when the Roman Empire in the west fell and people thought the rise of the Byzantine empire was a restoration when it was just a temporary reprieve and part of the process of the end of the entire Roman Empire, so the Soviets and Russian Federation represent stages in a long decline and the Chinese Communist era represent a stage in the decline of the Chinese empire. But these declines can be long processes. Countries like Cuba, Iran and North Korea manage to make imminent and active failure an ongoing status quo for decades despite people forecasting collapse within months, constantly. Failing systems often can be very successful at drawing out their failures, leaving people divided as to whether they will fail in months or if they are actually succeeded and growing.

[@captain9842]

White male made China strong to counter India's infouence in south east asia. White male knows india is future and chinese economy is ponzi scheme run by mad communist supported by my white male who is an angel

[@zachgunderman2120]

Its still hard for me to comprehend that Chinas economy has collapsed so many times and is going to again and its always worse than I thought.

[@camlee2341]

china been collapsing for 20 years..lololol....record getting old...

[@mayrokratt6195]

western propaganda, these americans can't cope

[@royk7712]

i've listening to 30 year of china collapse news and yet still we're here. its like fusion power news, it never arrive

[@Hope-Truth-Light]

Same

[@Dredd2042]

Im sorry, but its ridiculous that they are using chop sticks for the grapes😂😂😂

[@muirgirl]

This economic reality absolutely explains Beijings blatant war mongering in Ukraine, Israel etc

[@user-dd2bl8rx4b]

After the resolution on the situation between Palestine and Israel was passed by a high vote on October 28, Israel expressed its firm rejection of the UN resolution calling for a ceasefire in the Gaza Strip.

[@viktorhorvath8236]

If that's the case, it may takes US and world economics with itself, since we live in a globalized world now.

[@coolferds06]

I always watching this blog. So informative.

[@DxBlack]

Basic common sense: if a company leaves you to do business in another country, it's because that country is better than yours...don't hire someone to act like it isn't the case.

[@comment3711]

Unfortunately cultivate doesn’t work on tablet or iPhone. I keep checking back to see if it’s updated but it hasn’t. Such a shame.

[@WeCultivateUS]

We've finally figured out mobile and will launch it on iOS Safari / Any OS FireFox in the next two months. Unfortunately, those are the only two browsers that allow mobile extensions but will be very, very helpful!

[@justnico228]

Babe! Laowhy released a new video!!!

[@dailymoonpie]

Always interesting videos you both have

[@nicholasnarcowich9163]

I keep telling my Taiwanese wife to stop buying cheap Chinese crap... but she tells me that it is so cheap, with free shipping. & that opens up anther conversation about developing countries getting free shipping with the rest of the world paying for it. If I could only insist on buying only U.S. made goods, but they are hard to find. Even my favorite Pen, a U.S. made Parker, now all I find are U.K made junk. What happened to U.S. quality? With the 1/4ly report, the baby went out with that? When I was young, Made in America or Made in The U.S. of A. said something, quality; now it says junk. On the flip side, Made in Japan had said junk, but that had changed to Lasting Quality you can count on. Ford, Chrysler, GM, how to you compete with Toyota, Honda... ? you gave up... The Mustang, SUS's & Pickups are it. You quit, didn't you. My SUV is an MDX, & sure my wife drives an Accent, her first car was a GM, & broke with in hours of her first day driving it. She will NEVER buy any American car. Now, Made in America says Junk. What happened to The American Business? It is so sad.

[@martinoamello3017]

Consider that the Chinese military has next to zero real combat experience and very little experience operating and maintaining their aircraft carriers and almost everything they have was made on the Harbor Freight model of quality and the entire personnel is corrupt to the core from the chief of staff down to the lowest private with no more motivation and morale than, "Don't hurt me!" ,but we're supposed to believe they're the new Second Army of the World right after the other second army of the world and they have only one very unsecured coastline surrounded by enemies.. They scare me less than cheap toilet paper..

[@sunshinehoward9649]

Glad you did an episode on this. Past day or so, media or one of them was saying how great china is doing and how the world is following. Are they close to be truthful or not really per usual?

[@darrensjames]

Brilliant as always, Mr C.

[@kms3530]

Laowhy your story telling skils are unmatched. You

[@XVa-uj8m]

Thank you for using the word NeoColonialism. US companies do it too but it is not nearly to this extent.

[@mayrokratt6195]

"not nearly to this extent" I hope you are joking

[@XVa-uj8m]

@@mayrokratt6195 I meant more under the auspice of said government. US companies are not just an extension of the US govt. unlike the Chinese one under the CCP.

[@mayrokratt6195]

i dont think that is true lmao, the US does worse, you are just coping real hard, China growing fast@@XVa-uj8m

[@DrDoinks]

China in 10 years…. *“Please, we are happy to announce Taiwan is its own country. Apple, please can we make your iPhones again?”* 😂

[@TAIWANPARTOFCHINA]

china in next 10 year have space station in moon and mars ,and poor american begging to join

[@noobshityou]

​@@TAIWANPARTOFCHINAin your dreams

[@TAIWANPARTOFCHINA]

@@noobshityou thats what musk said 10 year ago about chinese BYD and nasa about china want build space station 15 year ago , nobody can stop china ,the best western can do is make propaganda video china collapse soon to feel happy, thats it

[@anthonyzwierzewicz3785]

Lol china in 10 years: can I have some more FDI? The world: sure as long as you get back on your knees😅 TAIWAN IS A FREE AND INDEPENDENT COUNTRY!😊

[@brunopadovani7347]

@@TAIWANPARTOFCHINA We'll see.

[@chopsticksandtrains]

Great work here!

[@AlexBrandon.]

Really well made .... I have been watching you for a couple years now

[@rhyanjill]

Look up the NBN-ZTE Broadband deal and the Northrail Scandal. Most Filipinos' distrust over Chinese deals didn't just start with the BRI. Every Filipino knew that Chinese deals tend to get wrapped up in corruption scandals, that's why there's so much distrust with these new BRI projects. In contrast, Japanese projects like the ones under JICA delivers better. That's why Japan has a strong reputation for quality in the Philippines.

[@SelfProclaimedEmperor]

When it comes to business the Japanese are a wise and honorable people, and are great to do business with

[@Little-chilli]

Don't worry, 2024 is the beginning of good days in the Philippines.🤭

[@TheTaotheawakenedone]

Damn near everything about China screams "Paper Tiger!"

[@Paulftate]

FJB

[@user-jn4bq7lh8q]

May the evil CCP fall fast & hard. ❤🇹🇼加油臺灣❤🇹🇼

[@johnlambert272]

I'm so glad everytime l watch one of your posts I'm happy to see them go down the tubes

[@BSPBuilder]

The reality is very different though.