World Bank Director: "I Saw the Craziest Things in China"

[@ShawnRyanClips]

Thanks for watching everyone. You can watch the full episode with Erik Bethel here kzbin.info/www/bejne/g6K9f6xrm7h3rrcsi=qD3Zn3hnphUmn0BO Additionally if you want to support the Shawn Ryan Show you can join the community. www.patreon.com/VigilanceElite

[@KMQ32]

It's funny seeing a guy from the World Bank talking about morals.

[@Someone-ti1cj]

But Lebron James loves China.

[@OddDudeSays]

To learn about China, you should watch China Fact Chasers

[@jaredkinneyjr]

China will obviously be the end of human civilization. This is crystal clear by now to most rational people. Also, Covid for example, & that was nothing comparitively. These evil globalists & CEOs wanted cheap labor now look at where they put the whole world, at the end of a barrel. If you don't think China has spies near every single nuclear plant, electrical transformer, water supply, every thing in America, you are crazy. When there is no electricity & no cell service, you know China is attacking barring a sun weather event. Conversely if we attacked China they'd shut off everything we need. Power, nuclear, water, cut under sea internet cables, try to shoot every satellite out of the sky & starlink. It's bad news in so many ways. The longer we wait now, the worse the dragons clashing will be if they don't undermine America slowly over time & we eventually capitulate willingly. This is a nightmare & what greed & no morals got us. In other words, this guy in this video is one reason China is what it is today. I would have never ever done any business with China. I've always despised them since I was a little kid in the 90s & to do business with them??? What in thee actual F?!? Dam this guy to hell & back & back again. What a fool

[@garymartin1045]

​@KMQ32 I'm glad we did expose these criminals that are Chinese backed. Our government, our media is Shanghai shindy The Sponsors, of all this corruption.Of course , they are paying The left-wing liberals to Lie, cheat and still from America. It's obvious it's also obvious that e. SPN Disney ABC. Are China back sponsors?

[@requestingaflyby9229]

I had a product I was selling on Amazon which involved complicated metal fabrication. I was doing well, making 200 sales to 500 sales per month in Q4. Within less than 12 months, a Chinese company already replicated my product to the exact millimeter and undercut my price. I had no chance at competing after paying Amazon fulfillment fees and had to retire that product. Funny thing is, within months there were 3 other Chinese companies selling my exact same design undercutting the first thief. These people have no respect for IP, and Amazon doesn't do anything to help.

[@brianpeck4035]

"We will assimilate you." - the Borg

[@beingbeingbeing2978]

I am sorry about your stalled business on Amazon. There are so many fakes from China on Amazon I always check the country of manufacturing before selecting any items. The fake Chinese goods are really problem around the world, and I don't even think they have the word for 'sorry' in their language. They truly believe that the profits justify the mean.

[@specex]

Amazon is in bed with Chinese manufacturers and has no problem going around you to get things cheaper for their own brand.

[@Bfisher-d2l]

What was the product?

[@noman-s6l]

They took your idea and made it better and cheaper . That's called free market.

[@russellharding3371]

Nothing against this fellow in particular, but the World Bank, and indeed most Banks, don't have a good reputation regarding morals and ethics

[@Sun-ic7rq]

He's the enemy. I guess we just interview and ask nice questions to the real enemies...

[@timetraveller4116]

Your the enemy.Simplistic abbreviation soundbite critics are the biggest enemy. ​@@Sun-ic7rq

[@CornPopsDood]

@@Sun-ic7rqkeep your friends close, & your enemies closer. Don’t stop your opponents when they make a mistake.

[@madeovstarstuff]

The bots and brainwashed clowns in the comments don't exactly see it that way !

[@Last_Chance.]

Exactly ​@@CornPopsDood

[@davedave3611]

this guy works for the world bank and is talking about morals.

[@MbisonBalrog]

I know seriously

[@billbill6576]

Need a loan?

[@herbrice8933]

You’re all wrong but I get your point. Money never sleeps and it doesn’t care if you’re left or right. Someone needs to manage it and banksters figured it out and locked themselves in. Some are good and some are bad but they are needed to keep the economy of the world going otherwise we’re all living in caves again, hunting and gathering.

[@TJackSurvival]

That’s just how much China sucks

[@terrylazurko2476]

They have lost 40 Billion in the last year. Someone has been stuffing his pockets.

[@davee8659]

This correlates. I recently had a conversation with a surgeon here in Sydney. His colleague had returned much earlier than expected from a teaching sabbatical at a major Chinese university. When asked why, he said that at first he was very impressed that whatever organ he requested for the next day's classes - ie. the heart of a 60yo man or a 20yo woman etc. - would be provided in perfect order. He visited the faculty's organ bank and saw that it was empty and basically unused. Turned out that his organ requests found their way to a local prison... you can work out the rest. As said, there is no moral base and no depth limit to what will be done to achieve the intended goal. We see it here at both my kids' schools - both top private schools with a significant proportion of wealthy Chinese kids. Just in sport, many of them will blatantly cheat to win, despite their own team members calling them out. It's as if they truly believe that any kind of rules simply don't apply to them. Don't get me started on the school drop-off and the endless dangers posed by their parents in large expensive SUVs driving with almost total disregard for law and order (and common decency). I do worry about the cultural impacts these people are having on my own society and on my kids. Of course, there are many - prehaps a majority - of wonderful Chinese people we regularly associate with, but there are also many who do not integrate and who will just do what they will to get their way, completely free of the normal constraints of an ordered Western society.

[@cspdx11]

This guy was part of outsourcing US manufacturing i guarantee it.

[@Patriot-od6xk]

ABSOLUTELY 💯

[@enzomolinari9141]

Exactly. A wolf complaining about the ethics and morals of other wolves 😂

[@kato2395]

@@enzomolinari9141 that is why it is trustworthy coz he is a wolf himself, knows how other wolves operate.

[@MACRONOne]

1000% this dude is sooo hypocritical. The World Bank and IMF are the ones operating without morals, as long as they serve Western interests everything they do is justified by themselves but when SCO & BRICS act in their own interests and free from these bloodsucking parasites & start competing with them then suddenly everything SCO does is baaad and without morals. They should check their own morals first.

[@alexsnemos]

@@enzomolinari9141 it seems to me like you are the rat who's gonna eat the bones of every corpse a wolf will provide you. No loyalty, no creed. Now go order something from those ching communist sites

[@benitoscamelos5630]

I have this friend who is a mechanical Designer contracting around the world. He took a contract in China thinking it was going to be exciting. As soon he arrived he was assigned 5 chinese engineers. Their only task was to sit down with him and assimilate and copy everything what he was doing. He didn't last very long there.

[@firstnamelastname-ys3mz]

Your words make no sense

[@carlosnavarro3725]

@@firstnamelastname-ys3mz Yes, you wish.

[@inktownfishing4505]

It's probably because they realized that your friend can't teach them anything that they don't already know!

[@TeguhFebrian-ct3ps]

​@@inktownfishing4505 chinese the thief in old time and right now

[@madchenwheat9364]

was he assimilated to the collective?

[@stevebuscemi4185]

My fathet is a research engineer and this is exactly how he described his relationship with working with Chinese clients. They act like they want to do work with you and then learn your techniques and shiv you in the back never to be heard from again

[@GaneshPalraj1991]

Just like your american government , look up how many patents your government has locked up.

[@robertsp0923]

And US business community is sqeakee clean? give me a break

[@MrResale]

It's chinese poetry to steal.

[@dragonflydreamer7658]

They learn well from the American Yankee.

[@Nylon_riot]

​@@dragonflydreamer7658 Is that why Chynah has to copy everything Americans do down to the street signs?

[@giulioperroni6543]

I taught at a Chinese university around 2005-6. The students were all PhD's at the top of their field AND had received permission to leave the country and study in other countries. At the end of the course, one of the professors came to thank me; we had a chat. He explained he was going to a European university to study satellite communications technology and how it worked. Then he leaned forward and said in a low voice, looking around "of course I can't tell THEM that..." I realized that all these professors were going to countries to get as much of their knowledge as possible and bring it back.

[@sephu9763]

Isn't this what foreign students do though...that's exactly what they're there for...and we get compensation in the form of tuition fees in return.

[@YoY664]

Thats how patriotism is supposed to work.

[@YoY664]

@@sephu9763 hey you guys wanted freemarket capitalism, that's free market capitalism.

[@purplehaze8557]

So they're all spies, basically...

[@loongsiu4766]

you joking right？

[@WhiskyCardinalWes]

Around 2015-2016, I was working contract security at Smith & Nephew in Memphis. I came in for my shift and about 20min into it I had to go to the bathroom. I walk in and the rank odor of raw sewage hits me. I look in the four stalls, and every single one of them had half a roll of industrial toilet paper put on the toilet seats. The Chinese V.I.P.'s that Smith & Nephew were hosting had been going to this bathroom exclusively. They STOOD on the toilet paper covered seats, squatted down and crapped in the toilet, and didn't flush them. This was a corporate headquarters, not some dirty manufacturing site. The floors and walls were marble, the doors to the stalls were oak. And these Chinese V.I.P.'s who were suppose to be highly educated DOCTORS, were crapping in this bathroom like a bunch of smooth brained farm peasants. Housekeeping cleaned it up, but they handed S&N an addional bill for bio-hazard waste clean-up that was close to $5k.

[@enzomolinari9141]

Apparently that's what Shin Bet leaves inside the residence bathrooms of US diplomats when they're meeting with Israeli officials so maybe it's common

[@jorad4887]

Sounds like the the rock was there too

[@Meh-i6b]

At least they didn't steal the toiletries. There are lot of airbnb horror stories of Chinese guests walking away with anything that isn't nailed down. Owner of an airbnb I stayed at told me how one time security alerted him that his Chinese guests were bringing the TV.

[@peterruiz6117]

That is "animosity"

[@raymondkidwell7135]

Not just chinese a lot of this behavior from the middle east, india and africa. If you have very basic standards of morality, sanitation or expect basic intelligence or common sense then you are a racist or xenophobe or something. Half the world is primitive, morally corrupt, dysfunctional societies we dont need to be importing it but we are.

[@mpihimax]

Did business in China for 29 years, exactly identical experience. I spent more time to figure out who will be trustworthy than their capabilities. Unfortunately, most foreign buyers don’t know about this ruthless fact - no morals!

[@TomLee-q1d]

and you still done business with them for 29 years. i bet you are penniless 28 years ago..

[@hdm4825]

Then what make you stayed 29 years

[@DiathenEridani]

Anyone who doesn't know this yet doesn't want to know it.

[@makisp.1428]

​@DiathenEridani Ahh.. that's what bonuses do, unfortunately. If your bonus is at stake, you don't want to know, either .

[@LeMerch]

In the West we have a moral code. It’s business tough, yes. Does crazy things happen, yes.. but there are rules and regulations. In China, they just steal your entire business. Zero respect, no rules and no morales. Why do we even bother with China?

[@presidentjoethudbrandon7074]

I was initially hired by a Chinese solar company that built a big facility in Arizona. Almost all of the American born managers are Chinese Americans. The people you interviewed with were all flown in from China. It didn't matter how high or low you were in the company; you interviewed with a Chinese national. The staffing company that was brought on to help with the employment paperwork had to twist the arm of the company to offer even basic benefits like a 401k option. The Chinese treat people like trash.

[@PolishBehemoth]

This is what the left wants all over the world. They claim equality, but it's worship of the single party in actuality.

[@jkselama4698]

Sounds like you don't like it when the shoe is on the other foot.

[@whitesquirrel4131]

this is canada everywhere except add indians to that mix as well canada is invaded by 2 countries and both are trying hard to pinch off their own nation out of this land im not shitting you, soon you will have a bunch of new asian countries on the northern border of the USA canada is so fucked up and the people are insane with the racist shit, they will give you their house to prevent being called a bad word, and that has led to massive numbers of foreigners to kick them into the streets, and we have the tent cities to prove it

[@A__SB]

Same with Indians! They bring in their people, selective even down to the same caste and ethnicity.

[@valdencorr2861]

@@jkselama4698 who invented workers rights? oh yeah it was Mao, right?

[@igorjuricek5683]

My friend and her husband taught English in Shanghai. One day her husband got attacked in the street by a Chinese, who drove into him on a scooter. So he defended himself, caused the Chinese guy a minor injury. Ended up sentenced to a Chinese prison, spent about a year there. It was not easy to get him out of that hole. After hearing this, I will never go to China.

[@njikangclifford8259]

You neatly left out the part that in America, You get shot with a gun when you are attacked, and you find a minor scuffle in Chinese town sooo dangerous? This must be one of those typical American 'tales' and I am sure you left out many details! Your husband very likely insulted the man in a way which is not acceptable. You are the first American I've come across in a Forum who feels less safe in China than in America!

[@KeepingTheIronThroneWarm]

Prosecution rates in China are something like 99%. There are a lot of stories like what happened to your friend. One is of an American football player that defended himself in a bar fight in China. Similarly sentenced to prison. Over there, physical conflict, including traffic accidents, put the onus on the less-injured. Simply that. So if you run a red light and collide with another car, you can potentially walk away innocent and money in hand if you suffered greater injury than the person you struck.

[@nateb2652]

I went to jail in China for 3 days for cannabis ( my host friend got ratted out by a childhood acquaintance and I just happened to be staying with him and just flew in from California and cannabis was in my system). Luckily I had a connection to one of the wealthiest businessmen in the city and got out with an under the rug deal and was able to return to China without issue. It was quite an experience and you can easily get out if you're connected. If you don't have connections it takes forever to get out.

[@vincentwong1477]

Ha..defended himself? why did he physically attack the guy ? Barbarian.

[@igorjuricek5683]

@@vincentwong1477 I don´t know why the Chinese was so aggressive, probably some sort of grief in life. Maybe the Chinese attacker´s parents were killed by the Chinese government at Tien An Men square, maybe he wasn´t able to find a woman due to the one-child policy, maybe his child died because of baby formula full of plastic, one never knows how "marvellous" his Chinese life was before he resorted to aggressive driving into people on a scooter.

[@GuardianA-hole]

I have an acquaintance who made garage elevators for cars. Went to office one day saw 2 purchased and shipped to China. Immediately put business up for sale. Told me Chinese dont study engineering they study reverse-engineering

[@user-nm5dp8ky9e]

Should do business with India

[@highcaliberexclusive9890]

Why did he sell them in the first place??

[@GuardianA-hole]

@highcaliberexclusive9890 he was the owner, didn't oversee or need to approve every order

[@danconnolly2341]

So.. he did not have any oversight with his underlings on a subject that would cause him to instantly sell his proprietary and hard earned business?

[@makisp.1428]

​@@highcaliberexclusive9890Correct! "We do not sell to China " should be posted on the wall of the Sales Office.

[@vcr210]

Your Guest is spot on. The industry I had worked in and had achieved great success was taken over by the Chinese. His comment "if it's not bolted down " is 100% correct. Winning goes beyond the definition of the word. Winning in China is killing all competitors.

[@jacquesjtheripper5922]

They're doing that wven in gaming market now, buying up devs and shutting them hm down after. Its an invasion, if u look well.

[@fireinthedumpsterfireinthe4210]

sounds like Israel’s Freier culture has made it to China

[@TacoBully]

That’s how markets work , you got out played by your competitors and all you do is whining

[@oxvendivil442]

Just like in the West I guess, zero-sum rather than win-win!

[@moggadah]

​@@TacoBullythere's two types of competition. 1. Destroy your enemy. 2. Make your both you and your enemy perform at the top since you're competing. The first type creates chaos and destruction and the winner will stop performing when he has won. The second builds both sides. Of course you both need to acknowledge the rules if you want a fruitful competition.

[@edwintseng555]

I was working in Shanghai from 96 to 97. I was 25 years old at the time. I remember the first thing my manager taught me was they wouldn’t honour any contract they signed.

[@lauramounir3660]

That’s true here with Wall Street investors. They don’t have to abide by any of our regulations or business laws, but every other country does. This thing they are after from us needs to be met harshly. They do not desire diplomacy and they get away with a level of unfairness .. like we owe them and they’re taking big time. Not to mention their human rights abuses that we condone by permitting a monopoly on our supply chain. We almost lost our energy sector to them and we’re still not safe until the party affiliates are expelled and /or jailed!

[@lauramounir3660]

That’s true here with Wall Street investors. They don’t have to abide by any of our regulations or business laws, but every other country does. This thing they are after from us needs to be met harshly. They do not desire diplomacy and they get away with a level of unfairness .. like we owe them and they’re taking big time. Not to mention their human rights abuses that we condone by permitting a monopoly on our supply chain. We almost lost our energy sector to them and we’re still not safe until the party affiliates are expelled and /or jailed!

[@lauramounir3660]

It posted twice cuz the censorship ministry caught up with me. Later! lol.

[@dannytadashi4235]

What you guy say on here is pretty much sounds the way AMERICAN do business here and ten times worst than China 🇨🇳 HAHAHAHAHA LOL 😂😂😃😃👍👍‼️

[@dannytadashi4235]

What you guy say on here is pretty much sounds the way AMERICAN do business here and ten times worst than China 🇨🇳 HAHAHAHAHA LOL 😂😂😃😃👍👍‼️

[@rule3039]

Here in Australia, when the infant baby formula saga started. Chinese people would go into supermarkets and strip tge shelves of of Australian made formula and send it over seas at an inflated price. We're talking shipping containers.

[@alberttang6955]

Many American born Chinese here in the US will avoid buying food products in Asian grocery stores labeled "made in China" because we know the ingredients cannot be trusted. Toxins and carcinogens in the environment over there taint the water and crops. Manufacturing shortcuts using harmful chemicals to save costs. The Chinese companies know people are avoiding their products, so they resort to tricks like labeling the package "Made in P.R.C." instead of Made in China. Or they use a brand name that sounds vaguely Korean and use Korean writing so buyers are fooled into thinking the product came from Korea.

[@bizzzz]

​@@alberttang6955 we're being poisoned in north america too

[@Meltyhead]

Yep. Avoid all that trash.

[@reinokarvinen8845]

@@alberttang6955 in papua new guinea they burned containers with food stuff from china. because it was not fit for human consumption

[@flori5548]

Same in Germany; Aptamil Baby Milk is LOCKED away or only available upon request. Maximum 2 packages. Before they were bought in bulk by Chinese or stolen by organized crime to be shipped to China. A story so crazy you can’t make it up.

[@markakira8988]

This is true. Born and raised in the US. One of my best friends is from Hong Kong; we became friends in college. There is little moral obligation regarding intellectual theft or public good. It's everyone for themselves, first come first served, self interests first. Human nature, especially when you are not in the minority elite and have to compete for everything your entire life. Absolutely do not bring a laptop, phone etc into China unless you want your devices to be copied and stolen. They will check it (and copy it) right at the airport. Foreign visitors privacy (even in hotels) are never fully private. We will never talk about this online or text, only in person. As he can easily get punished.

[@szymonbaranowski8184]

I had hard time finding any working internet in one of biggest Chinese airports XD

[@MarineScoutSniper]

😂😂sounds like America

[@peacerespect98]

She is a ABC and pretending to be something else.

[@y68g.49]

Do you know how slow of copying a hard drive is? Especially on old drives?

[@davidcheng4370]

bunch of rubbish nonsense.

[@rosiegreddogyachts4135]

Started going to China for manufacturing in 1983. Could write a book. Cheating, lying, stealing, had contracts torn up in my face, designs stolen, and wasn't near the easy banker tour. Living in shithole places, sometimes downright scary. Had a 'boss' tell me "Never trust a Chinese". Saw a wall of lockers full of RMB because the factory owner wouldn't trust ANY bank. Saw Triad gangsters running factory security, protected gambling where bets were 50K$. Last trip was around the time this dude started going. Was good to hear that even the bankers found the same thing we did inn the manufacturing world. There is order there, but no law.

[@GEB-yy3ud]

I'd read your book on China

[@akakakakakak3084]

Great, just wonder how China can become second largest economy in the world with such chaos and corruption, and steal, steal steal.

[@noman-s6l]

​@@GEB-yy3udwould be good. Or a movie, I guess would be as good as American Gangster, or King of Harlem.. or Scar Face..

[@appletvaccount1364]

Poorly made in China, good book

[@TacoBully]

Smells like a whole bunch of made up BS , good story btw

[@keithej2]

Retired from a company in the US which sold very expensive high tech instruments. I saw some crazy stuff from China. As a service technician, we had considerable discretion to make repairs "no charge" if we deemed out of warranty equipment to have failed due to manufacturing defects. China and India tried all kinds of shenanigans to get free repairs. One example, China Service sent a unit consisting of multiple modules. Every module/part was broken with different types of failures. We believed they saved broken parts and modules unit they had enough to install all the bad parts into a chassis under warranty then ask for a warranty repair. Edit: I should add, we never knew if it was the end customer or China Service, Since the chassis was warranty we repaired everything "no charge". Many more come to mind.

[@corteztt518]

They might have stripped it apart to reverse engineer it and see how you put it back together?

[@desiguy5508]

Wow. interesting story. Do you have any such experiences working with India?

[@legendarybluecollar]

Ten years ago I discussed the Hong Kong and Taiwan issue with some Chinese colleagues which summarised some of my experiences of how they did business. They said that it’s not fair, colonialism is bad, it belongs to China and they should give it back. I asked what if China invaded the UK and their response was “then it becomes ours, their fault for being a weak nation, that is nature, they should be strong if they don’t want that to happen”. We went in circles and they weren’t capable of recognising their hypocrisy. To draw parallels they weren’t out to make fair and long lasting relationships, they were out to screw the other side and if the other side did get screwed it’s their fault for being a fool.

[@hugohabicht9957]

Nothing new

[@bleb207]

‘If’ China invaded UK? That’s odd. Britain actually invaded China in the 19th century because China did not allow Britain to sell opium there, and Britain took Hong Kong after that. ‘If’…..? 🤷‍♀️

[@ZhenYae]

And all of a sudden the White settlers are innocent.

[@cowboybeboop9420]

I think you didn`t understand their point. I`m from Eastern Europe and their logic totally makes sense. In both cases they are right. Also, Chinese are far less hypocritical than the West. They are pretty up front about stuff. The West constantly lies to it`s citizens so it can justify it`s immoral acts while accusing the rest of the world of commiting those same immoral acts.

[@legendarybluecollar]

@@bleb207 I think you missed the point just like they did.

[@neftimiades]

I've been preaching this for 30 years and testified four times before Congress on this subject. It is amazing to me businesses are only now starting to realize this. Greed.

[@pss5172]

@neftimiades 50 years ago a skeptical grad student asked a big corp exec why he was so jubilant after selling just two of his machines to China. And having provided all the tech specs, "Because, young man, you have to understand that the Chinese conduct business based on trust. We must earn their trust."

[@kastus77]

not greed. just typical western nazism

[@AuthEarth]

who are you

[@igordragicevic8835]

​​@@AuthEarthits an AI bot

[@craigb3154]

I worked for a company trying to break into China around '05-'06. There was ton of work, a ton of sales, but when you added it all up, the only one not making much money was you. It was bullshit after nonsense with them, non-stop. And good luck collecting on payments as well.

[@niilespunkari8832]

Even if you have profit stacked at some Chinese bank, you never get it out of the country.

[@SA-5247]

and if you make one mistake, they treat you like you just committed a class A felony. Hours of ridiculous paperwork etc.. never again will I sell anything to them and we’re talking about me selling a piece of equipment to MY COMPANY that manufactures in China. Lead times during Covid were a nightmare and they expected us to drop everything and give them everything, while providing nothing.

[@xhagast]

Free World entrepreneurs heard, "One BILLION customers," and they handed over to the Chinese all but their virgin daughters. Just to be let in. When they realized that they had lost everything AND their virgin daughters it was too late.

[@ronfo4273]

The same thing happen to the Telecom company I work for. We moved our entire manufacturing to one of the large companies in China. A couple of years later, at the Consumer Electronics Show (CES) in Las Vegas, a Chinese company showed up with a product that was indistinguishable from ours down to the color, nuts and bolts. We even received their product sent to us for warranty repair

[@mediocreman2]

It's unfortunate that so many American companies have moved their production to China, not realizing how easy it is for China to learn and copy and get ahead using our technology. In China, it's considered a proud moment when the replica is indistinguishable from the original. There is no genuine creativity.

[@MarineScoutSniper]

@@mediocreman2😂😂bullshit

[@Bellephrontos]

Did your company file a lawsuit?

[@chargedx5768]

@@mediocreman2 they dont need to be creative..they received the short end of the stick after ww2..and had very little time after attaining freedom to get rich and fast...they did what they do best..adapt, survive, overcome

[@ronfo4273]

@@Bellephrontos Yes we did and I guess you could say we won as they could only market "their" product in China which was one market we never gained a footing.

[@xiphoid2011]

I'm a chinese student who studied and then immigrated to the US. What he said is very true, and is seen by us during process. The lack of morality, willingness to hurt others to come out ahead, disrespect for intellectual property, and the out of control money worshipping in the chinese society is one of the reasons I chose to immigrate. Living in China is just too cutthroat and dealing with immortality of others just became too tiresome, making living not nearly as enjoyable anymore.

[@jlai3861]

Then you must love to live in Mao's era, but I bet you would say otherwuse

[@caseyliew86]

What you watch is so called Anglo-Saxon arrogance.

[@Ufthak]

So the Chinese achieved immortality? No wonder they are taking over.

[@outoforbit00]

Yip they are desperate to know everything, but end up knowing nothing. They have long forgotten the wisdom of their ancient philosophers.

[@ws2940]

"If your not getting screwed over in a business deal in China. Something is wrong." That should tell you all you need to know about doing business in China.

[@johnc1873]

it tells me that china is the best country on earth to do business with. hence why china is the top exporter with all countries on earth. while yours is not. cope harder though bro

[@TacoBully]

It’s wayyyy more likely to get screw over doing businesses with Jews

[@kennethkong5484]

But you never been to China. Major corporations, Microsoft, Apple, KFC , Intel , are operating for decades. Ask Elon Musk where he stays. You probable never seen the ocean

[@murecerickman]

Whe got screw over with vax. I hope rfk cleans house.

[@MarineScoutSniper]

I’ve made millions doing business in China.

[@Dave-hc6pp]

I worked in Beijing in 2007 and one thing I learned early on was when you deal with the Chinese is that negotiations begin after the contract is signed. My then wife was with me for a month or so and she wanted to do some shopping. The Chinese are masterful imitators. There were cases of Rolex, Tag and other brands of watches that were complete knockoffs. When I picked up an imitation Rolex, it had the same weight and feel as the one I was wearing. We also spent time walking through the Hutong, one of the poorest parts of the city. There weren’t very many neighborhoods left at the time. The government was trying to revitalize and rebuild that part of the city. I don’t want to write a book here but it was a very interesting time for us.

[@CrayCommerce-pp1wg]

Hu'tongs aren't really poor as much as they were almost a sort of Lase Faire static. Been that way since the end of Ming in Qing when this city became part of China. It originally one if the Tartar capitols. If you want to know more dig into the former version of stolenhistory site and the new rebooted one to a lesser degree Korban Dallas has done extensive work on the subject ...so did formenko. Gulou Hu'Tong and surrounding ones of infamy are actually quite expensive ... on par with Stockholm or San Francisco Pac Highs or village Manhattan. They just looked that way you describe... the people there were the olde Money wealth that for literally wubai 500 sat there chilling gossiping and walking thier birds in cages. Inmho they are not Chinese they are the remnants of something far far older... Just like the Klingons the original here were bearded different species admixture all together who appearance changed drastically. Cathay and Khitai have some common denominators but the north was border lands of a completely differnt species...there are 5 points that terminate in dragon lines shut off by chicoms there are many nadis portals and road paths; but those 5 were the key points of capitol control cardinal directions of olde antiquarian occult magnetism... Peking is the north one...Xian being the centre. Each had a spirit a colour a sound and a species culture ... they are not the same in the least, anymore than the medicine wheel is ... And yes you are entirely correct. A contract is just a opening for the allowance for actual negotiations and analysis to begin. Thier marriages are the same and in some ways also are the master protégé system.

[@paulgodden4974]

In 2004 My then g/f in Taiwan had a trip to China managed to get my a knock-off Rolex from a Shanghai market for about 1 USD. It looked great and kept time for 8 days before it stopped. I still wore it 'cos it looked good. Within 2 more weeks the paint started to flake off and it became unwearable. When in Hong Kong in the 1990s I found out that in China there are different classes of fake Western. The 'A' class, or most high-quality fakes, are as good as or better than the originals - as some of them are produced by the SAME factories as the originals, but sold on the black market at discount for extra profit for the Chinese manufacturer - at cost to the the Western company, such as Rolex. The BWM car takes the biscuit, BMW on the outside, Skoda on the inside!

[@bingliu-china]

The fake Chinese mainland was transferred to the mainland from Taiwan

[@burmy1552]

My gf was in Shanghai about 30 years ago. She bought a piece of art and they tacked on a zero after she signed it. She didn't notice until it was too late to contest the charge.

[@pjcollins-f1u]

If you are not in the financial market right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation

[@rmsmith-q6p]

Same here, I believe the Bitcoin ETFs will be life changing opportunity with my current portfolio of 132k made from my investments with my personal financial advisor I totally agree with you

[@Elizabethwoods-b2f]

YES!!! That's exactly her name (Maria Williams ) so many people have recommended highly about her and am just starting with her from South Savo

[@Humphrey-k9f]

She is my family' personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

[@Hannah-y3t5d]

How can I get in touch with Maria Williams ? What are her offerings?

[@Humphrey-k9f]

She's always active on whats~appp..

[@bobcaygeon975]

Chinese drywall sold by Lowes 20 yrs ago was made from toxic fly ash, which corroded copper pipes and wires in houses- this stuff was in 1000s of hurricane rebuilds.

[@hiskandar]

Don't blame China, that purchase orders came from your home country's importers, and your corrupt government officials permitted those items in 🤣🤣🤣

[@yanbaihuzxzxzx]

I remember that. I wanted to import Chinese insulation then thought of this and said let's not. 😂

[@redlizerad8268]

Chinese drywall 20 years ago caused a whole ass pandemic in China. The toxic materials made a lot of people get Leukemia.

[@SpringIsBACK]

To a lot of these negative commenters regarding Erik, I've been involved in businesses at many levels, including throughout my own little self-proprietorship, almost my entire adult life. Call it 50 years. MOST business-to-business, bank-to-business, etc., in the Western World is still conducted with a pretty good basis of trust. That is, if my business in the USA needs to order widget "A" as a subassembly from Germany, as long as I deal with a well established company, I don't have to worry the German company is going to try to screw me by substituting inferior plastic, or something like that. One still must maintain good QC on both ends, because mistakes or Mr. Murphy can sneak in, but, deliberate malfeasance is pretty rare. Otherwise business would badly break down. Same thing if dealing with a bank, or other financial institution. SOME Chinese companies realize the value of long term solid relationships. But, a lot do not. A great example of "do not" were the Chinese tires on Russian combat vehicles at the beginning of the Ukraine War. That cost the Russians a lot of soldiers

[@fs5775]

The negative comments are from Chinese bot accounts FYI. Notice how they all basically say the same thing. They are given their orders on the content to spam with and then obey en masse. Chinese wumao 50 cent army.

[@Quest3Games]

Basically the difference between a high trust society and a low trust one.

[@hiskandar]

What you did NOT learn after 50 years, there is price for everything. You can't be cheap in China and expect them giving you high quality materials regardless the name of the company you're dealing with. Example ? There is reason why Ford getting name Fix Or Repair Daily, and they are Made In America.

[@peacerespect98]

Erik pays one dollar for a pair of jeans made in China and he sells for 300 dollars in USA with his brand name. USA forces cheep labor in China of low quality products.

[@malaysiaterdedah3934]

Hey, just so people understand, do you expect people not to fleece you if you're cheap and pay cheap prices? China makes amazing products with high trust. You just need to pay for it. I have plenty of Chinese products that are top notch and last better than US made products. But if you wanna be cheap, then can't complain yeah?

[@mgillee1]

A former coworker of mine came from a fiber optic tool company. He worked on the R&D team. They made 6 troubleshooting tools which Chinese firms insisted they have tons of test ports and the software open. 6 months later, no more sales to those Chinese firms, and a different Chinese firm starts cranking them out ... identical. It killed the US company.

[@rtrefil]

American greedy companies are so naive. They went in thinking they were going to make a killing, instead they were themselves killed. Fools always rush in.

[@gnarl12]

Typical

[@joelfenner]

As a college student, I had two opportunities to meet and speak with Bob Pritzker (he was a benefactor of the school I was attending at the time). By bizarre happenstance, both these meetings gave me a solid block of time with him. We mostly talked about engineering, and I got a chance to ask him questions about his own history (I was genuinely curious). At each of the two meetings (these were around 2005 and 2007), I made it a point to ask him about China, from a manufacturing and business perspective. Circa 2005, his attitude was very much "Oh, they're just another global trading partner, like any other country", and I was surprised at how unconcerned he was (I voiced concerns about how US manufacturing was declining). In 2007, his attitude had done a 180 turn, and his sentiment was more "My God, they're eating our lunch!". The more I see stuff like this, the more I am surprised at how many businessmen felt China was nothing to be concerned about, as Western industry cavalierly collaborated to help build China into a massive global manufacturing power. When China turned the tables, so many seem to have been blindsided by this. I was just a schlub in engineering school, and I was worried 20 years ago (so were a lot of my school buddies). The perspective difference is staggering, and I don't entirely understand why it happened. We were all looking at the same thing, but so many people in powerful positions seem to have felt there was :"nothing to be worried about" until their income started going away.

[@valerietweedie4376]

They were blinded by their greed - and their arrogance - and in a way, their racism. They thought of the Chinese as inferior - therefore, no threat.

[@stefanoparlatore7141]

@@valerietweedie4376greed of course, but I don’t really think racism, yet I still hear this saying that Chinese cannot innovate because they are not a democracy, and that is foolish.

[@pyrology101]

@@stefanoparlatore7141 Never ever forget that they spend a lot on psychological warfare; in fact everything they do takes this into account. Be careful about what you think you know about them. They only way to win is to not play, with them.

[@georgeowell8276]

Several years ago, an American movie director friend of mine was invited to Shanghai for a meeting. They didn't know that one of the local attendees was close to him. After the meeting, that Chinese friend told him what they said to him in English was totally different from what they talked to each other in Mandarin. He had bad luck with a mainland China university, too. They never honored the contrct and kept changing the terms, conditions, and his curriculums.

[@sonnyhayes689]

Shawn, thanks for this broadcast subject. I have traveled to China approximately 18 times on business and have experienced very similar situations. They were building a product that I had developed. My firsts sample, the "golden sample" was as designed, when they shipped my first 200 units every single assembly was modified because they thought my design wouldn't work. That was a 100% failure rate. After changing back to my design, they used a much lower quality adhesive from our specification. That was a 92% failure rate. Your guest is 100% correct. Leo

[@CDCLLC]

2002-2007 I worked in the PRC. The "lack of morals" thing was explained to me by an underground church pastor. Explained a lot about the differences I saw between other "Chinese" people living in Asia and those on the mainland.

[@loveblindhate9318]

money changer supremacy is ending

[@oyo4959]

Try working in the US

[@Wushibuxiaobaibu]

I would call the police on your church for money haha. Mostly Filipinos run these churches anyways

[@jamesrecknor6752]

Those underground church pastors and members are brave, precious people.

[@loveblindhate9318]

@@jamesrecknor6752 They work for CIA to try to topple their govt.. Was why some churches were demolished. Money changers.

[@jerrysmith715]

I lived in an expat housing complex area 1990-2003 in Gubei Shanghai. There were always extra clicking on the phone and one time I heard someone’s voice while i was on the phone discussing work stuff. Reminds me of the “party line “ in the US in the late 1980’s. You sense you were always being watched. 👁👁

[@MScofield747]

I lived and did business in China for 12 years from 2008 to mid 2020. I can relate to everything he said about doing business in China. I had very similar experiences doing business there. Anyone who’s gone to China to do business they can all relate to the “tour” we are all given in Beijing and then other parts of China. It’s the tour they all give to westerners upon first coming to China. Not for tourists generally but for anyone coming to do business in China , politicians, academic leaders, etc., It’s the CCPs propaganda tour. Besides Beijing , I lived in several parts of China, where many of the local people, I was probably the first westerner they’ve ever seen. I agree with him 100% about how terrific the Chinese people are and how the communist party has destroyed thenChinese society that we all expected to experience when we first went there but then found out that it wasn’t there anymore. The CCP’s ideology of Lie, Cheat, Steal, Hack, Spy, etc., to get money at all costs has been driven into Chinese society. The CCP’s “the ends justify any criminal means (inc lying, cheating, stealing, etc.) to get money” has replaced morality, civility, honesty, manners, etc. of old China. The CCP has really destroyed Chinese society with their money is the only thing that’s important goal. They think that lying, cheating, stealing, etc. is just competition. They don’t think there’s anything wrong with this at all. It’s really quite surprising, and they don’t operate by just to trying to win. They have to “win and destroy you” in the process. Which is quite different from the rest of the world who uses fierce competition in a very different way. Yes there isolated instances of those in the western world that cheat and cut corners, besides being fierce competitors. But in China it’s state sponsored lying, cheating, stealing, etc. When caught lying, cheating stealing, etc. in the rest of the world it brings shame on you, your company and your country. In China when caught doing these things it’s met with celebration, patting on the back and it’s a badge of honor. The CCP actually awards with trophies and large amounts of money to those who have stolen from the west and brought back to China technology, intellectual property, etc., that benefits, China or Chinese companies. I was in China when the Luckin Coffee IPO occurred and the following meltdown and the delisting that happened only a few months later. Due to the massive accounting fraud and the realization that all the financials were just made up. On Chinese social media it was a huge celebration. I read postings saying things like “yeah we screwed the Americans”. “We caused hundreds of millions of dollars in losses to American investors”. There was no shame or repercussions for the management and owners of Luckin coffee. There was a little disappointment that they got caught and it caused the company to be delisted . But the fact that they screwed the Americans was a cause of celebration. I had read years ago how just after 911 there were celebrations in the bars in Beijing and even celebrations on the streets and in Tiananmen Square celebrating that the Americans got hit. This is generally not the feeling of most Chinese. But there is a faction mostly known as the little pinks, the ultra nationalists who behave like this because they’re getting the direction of the communist party of China (CCP). The majority of regular Chinese citizens have generally a positive view and feeling towards America. The problem is not the Chinese people, it’s the CCP.

[@montrelouisebohon-harris7023]

I see what you're saying but the payback from the USA is going to be something China will pay for for a very long time..... The problem is we've had a lot of corrupt politicians sell out the USA and I do believe the Biden administration gave China so much over the past four years... Joe went down to The summit in Peru this weekend and the red carpet was laid out for this communist dictator. The Chinese Communist party has invested 1 billion in a Peru port.. in the next 10 years they are investing 3.5 billion in another port.. Peru doesn't know and Africa is just realizing that whatever colonization occurred from Europe etcetera was nothing compared to how evil the CCP is... Peru & South America are going to find out next.. the thing is that the Monroe doctrine applied to European countries and modern day should apply to any country in the world outside of the Western hemisphere.. Joe Biden became president and he was scammed in the office and literally gave China the US number one trade status with Latin America and that's something we've always had..WE WILL GET IT BACK FOR SURE..

[@jamesrecknor6752]

I had a long kept dream of visiting China, learning to speak two or three of the languages, and write the language, and even to seek a Chinese wife. One brief visit cured me of that nonsense. LOL [USA]

[@andreasv9472]

And for some reason we in the west are notballowed to poont out this immoral behavor since they are a developing nation and it's called racist. We're literally letting them screw us over, and then we apologize after.

[@haraldbredsdorff2699]

First, the tiananmen square in 1989, and them refusing to admit to have done anything bad and that it even happen, should be warning enough to not trade with China. Second, no, this is unfortunately the Chinese people too. They have acted this way to foreigners for 2000 years. You have exceptions, but they are the exceptions proving the rule, rather than a majority.

[@jye7027]

Load of bs. This is called projecting

[@scottmarchewka888]

I was going to China from about 2000-2010. My perspective was the China went from confidence with some introspection on challenges to arrogance with no self awareness The protein issue in infant formula. This was the third major incident. First it was plastic in dog food/snacks that killed and sickened American dogs (the food was from China). Second was plastic in yogurt. Then it was plastic in baby formula (perhaps the yogurt and baby formula were in opposite order). Corruption and lack of moral foundation way beyond what westerners complain about. Unfortunately it doesn’t have to be this way. A lot of smart and hardworking Chinese. But there is really something wrong there.

[@benobil5280]

From the point of view of an African, which I know doesn't matter to you, the West is the of the Chinese teacher. they have studied Western countries and realized they don't play fair. The West can bomb women and children with the help of NATO. To me, China is still very good. I hope they don't adopt all the evil ways of the West. China is just playing the West at its own games.

[@edekoka6267]

Didn't the Americans who sold it know about it?Take the cloth off your eyes.

[@redlizerad8268]

It’s what happens when the only thing that matters is quota and profit. It’s a “everyone else is a sucker” mentality.

[@Luluwolf-m9g]

@@edekoka6267 But you must take the floss off yr eyes first

[@JohnF-z7o]

I wouldn't have done the deal after he pulled that little stunt. Even though he went back to original agreement that just shows you they will always play games

[@terrylazurko2476]

Should have dropped it down by the same percentage from the original numbers that the Chinese were trying to boost it up. Then sign the deal.

[@zjeee]

It's all about the $$$ that's why they put up with it.

[@peacerespect98]

Erik though he made a big deal for nothing and he screwed up. The other guy must have 40% to make it. If i was the other guy, I would nerve do business with Erik type.

[@Zaruf]

Without going into details, after 7 years in China I lost faith in humanity. Will take some time to recover but I'm glad to be out of there.

[@elo3984]

Would you tell us what happened? Really curious. Thnaks and hope you get better soon.

[@hughmungus2760]

welcome back to the west where people are tearing each others' eye out over the definition of 'what is a woman'

[@JohnMurphy-dw6ml]

Who would’ve thought communism was bad!

[@shreyansacharya6320]

You know how I know this guys is full of shit? If someone wanted to get the CTO's "Hard Drive". they could've copied the contents and not deleted them. That way the guy wouldn't have knnown :/.

[@tjanocruz9782]

​@@shreyansacharya6320are you Chinese?

[@jc4jax]

China's economy is more like state capitalism than true communism

[@Last_Chance.]

​@@shreyansacharya6320it got moved instead of copying. There's multiple reasons to do that. Don't assume something that you're not fully educated in.

[@bfields1448]

Demoncrats want America to be communism the CCP WEF are hand in hand.

[@myth-termoth1621]

Oh and to explain the infant milk powder incident. It was discovered by enterprising and inventive Chinese chemists that a mixture of melamine plastic (high in nitrogen), cooking oil, and sugar could be used to fool the testing procedure assessing protein, fat and carbohydrate in infant formula, enabling them to dilute the expensive milk powder with cheap chemical feedstock and still pass quality testing.

[@MarineScoutSniper]

😂😂liar

[@JayClearman411]

This exactly why you should breast feed ladies!! These formula companies are jut out to make a buck! Let’s not get into what nestle did to African mothers.. it’s tragic

[@DavidRose-m8s]

Widespread in Chinese fake honeys which a western importer will blend with say 10% local honey then put it on a shelf with your country then being the country of origin on the label varying by country with yes masking agents to fool labs in case of testing.

[@pss5172]

@@myth-termoth1621 Pass quality testing?? C'mon...

[@fs5775]

no morals, just profits

[@darrenwhite8875]

LOL! Director of World Bank is shocked at the lack of morals in business. SMFH!...

[@hillbilly4895]

Academic's be like...

[@SpringIsBACK]

MOST business-to-business, bank-to-business, etc., in the Western World is still conducted with a pretty good basis of trust. That is, if my business in the USA needs to order widget "A" as a subassembly from Germany, as long as I deal with a well established company, I don't have to worry the German company is going to try to screw me by substituting inferior plastic, or something like that. One still must maintain good QC on both ends, because mistakes or Mr. Murphy can sneak in, but, deliberate malfeasance is pretty rare. Otherwise business would badly break down. SOME Chinese companies realize the value of long term solid relationships. But, a lot do not. A great example of "do not" were the Chinese tires on Russian combat vehicles at the beginning of the Ukraine War. That cost the Russians a lot of soldiers...

[@MbisonBalrog]

@@SpringIsBACK Are you sure it is the Chinese and not a certain domestic group ordering cheap specs, and then over pricing to the customers?

[@TJackSurvival]

Bott

[@juanvaldez5422]

@@TJackSurvivalwhose a bott? You ?

[@hurdygurdyman1905]

About 15 years ago I had a friend who was an executive for SPX. He told me about his recent trip to China to visit their new factory, how Chinese officials wined and dined him, etc and how great it was. I asked him if they were afraid their technology would all be stolen. He laughed that off. A few years later they had to close, as the new factory down the way, staffed with his former Chinese managers, had opened.

[@BiggerTigger812]

I can confirm the chinese malamine story. I was an r& d engineer for a medical device firm at the time...and doctors from china were flooding us with requests on how to deal with the ases. The melamine was concentrated in the kidneys and basocally turned 10's of thoisands of infants kidneys into concrete! We did jave procedures and devices to help deal with tbat....I did hear (unsubstantiated) info that they drug one of the formula makers plant mamager out into the street and shot him in tge head in front of the entire plant! So at least they troed to deal with the problem in n in an efficient manner!

[@TeamICOS]

I was living in China when it happened. It was on all the local news. We always said it was just showing that the company's bribes fell through so they made an example of them.

[@iiyyxxnn]

​@@TeamICOSMeaning the bribe wasn't enough so that's why he was shot?

[@lijackson-x6r]

On January 22, 2009, the Shijiazhuang Intermediate People's Court of Hebei Province sentenced Tian Wenhua, the former chairman of Sanlu, to life imprisonment, and Wang Yuliang, Hang Zhiqi, and Wu Jusheng, senior managers of Sanlu Group, to 15, 8, and 5 years in prison respectively. As a corporate defendant, Sanlu Group was convicted of producing and selling fake and inferior products and was fined more than RMB 49.37 million. Three dairy farmers, Zhang Yujun, Gao Junjie, and Geng Jinping, who were suspected of producing and selling milk containing melamine, were sentenced to death, Xue Jianzhong was sentenced to life imprisonment, Zhang Yanjun was sentenced to 15 years in prison, Geng Jinzhu was sentenced to 8 years in prison, and Xiao Yu was sentenced to 5 years in prison.

[@TeamICOS]

@@iiyyxxnn Bribery is a fact of life in China. It is how you stay in favor with the officials of CPP. You can literally get away with murder with enough influence or to save face for someone else in power. And this contamination was so widespread and blatant that people were definitely getting paid off. And the news doesn't report or investigate what they aren't allowed to usually.

[@TavistockLiesBrainwashing]

Oil trucks also deliver cooking oil. Dead peoples teeth are used in dentistry.

[@nicketten1232]

I worked in China in 2013 and had similar experiences. Crazy

[@fs5775]

I worked in China in 2020-2022 and had similar experiences.

[@RS-mk2xg]

I can attest the examples he shared are quite common in China. The “baby formula” was/is the biggest issue there. People would visit Hong Kong and buy those items in bulk and “smuggle” them across the border to Shenzhen (mainland China) and sell them for a profit. Copying of everything is rampant, to the point that even the domestic population doesn’t trust quality of things. It has hampered the image.

[@Greg-h7l]

I remember my dad we live in Kansas City and he bought and sold envelope machinery and envelope cutting equipment and envelope printing equipment for years he would buy one or two factories out and then sell the vacuum systems the lighting whatever whatever he was allowed to get. He was all excited that the Chinese were coming to see him so we had all the machines running perfectly like always cleaned like always and when they came in they said we'll do the deal on 12 envelope machines five of which were high speed as well as four of your envelope cutting equipment and dies. What what they wanted him to do was to take the tags off of the old equipment that was dated 1974 and back trying to figure out how they could put these plates on fix the engraved serial numbers on the frames so they could bring them back to China with no tax. Well why they were having lunch he called his secretary and said I need you to order a van and 10 one way tickets to China so after lunch and I got back to the factory and they were all going to work trying to figure out what to do they had their bags with them and everything dad kicked them out of his plant in his factory put them in a rental van and send them to the airport and said don't you ever come back to me again I don't do business with thieves like you. He said these guys have no moral and no ethics whatsoever.

[@Ashphinchtersayswhat]

My landlord in SD was CIA, wife was a Chinese national and both travelled regularly to China. Strange. He was allowed to travel freely.

[@peacerespect98]

Maybe they are spying China.

[@CrayCommerce-pp1wg]

Not strange at all. Read my comment at the end of the comment thread above. 322

[@tobinsarttrading1733]

Agree with everything said here! 16 years in China taught me that the leadership inflicts itself on the Chinese people!

[@MarineScoutSniper]

😂😂

[@cathymatthews5147]

It might go further back than Mao's time. As a child in Indonesia in the 1950's I learned that the Chinese had a shady reputation.

[@geoattoronto]

True. Essential Christian morality was never there.

[@dr.woozie7500]

That’s probably more out of jealousy than anything. The Chinese and Dutch in Indonesia were merchants and relatively wealthy compared to the Indonesians.

[@chasethehorizonx]

Wait, so it's jealousy to notice that the Chinese are shady? 🤣

[@dr.woozie7500]

​@@chasethehorizonx Yes its jealousy. Chinese have been the wealthier and more educated minority in Indonesia so they will obviously be the scapegoat for any problems going on. Same with Malaysia, the Chinese discrimination was very strong so they kicked out Singapore. Now Singapore, which is 75% ethnic Chinese, has a higher GDP than Malaysia despite being six times smaller in population.

[@exponentmantissa5598]

I used to work for an electronic manufacturer in China. You can do business there but have to be on the ball. We insisted on using our suppliers for the parts in the BOM. We told them if they ever swapped out a part without consent from us in writing we would penalize them. We caught them multiple times because we had an engineer right in the facility watching their every move. Another time we saw our yields make a drastic improvement after us having refused batches for quality issues. It turns out they had relaxed the parameters on the automated testing machines we had there. But one thing stuck out, they are so preoccupied with stealing things that they lack the ability to build from scratch. This means they will always be chasing the rest of the world and never ever taking the lead. If I asked you to name the greatest Chinese inventions of the last 50 years what would they be?

[@outoforbit00]

Yes, their whole education system is about obsoleting the imagination and instead about accumulating knowledge. They end up like a computer, full of data and still clueless.

[@DP-wi6hm]

Wake up America !!!!! MAGA.

[@miked853]

Be quiet the trumpster isn’t any better

[@geofractal]

​@@miked853Ahh, got your daily dose of the view, I see. I guess we can call you a Whoopie pusher.😂.

[@loveblindhate9318]

Zio owned

[@geofractal]

@@loveblindhate9318 I'm sure you have done a thorough study on this.

[@loveblindhate9318]

@@geofractal Oh yes I have and not from Corp medias

[@keepingittight]

World bank is finding it harder to do business with BRICS members, you have got to ask yourself "why is that?"

[@loremasteringwion9930]

Because China and her allies want to destroy the West

[@kato2395]

Why?

[@taysirmohamed6213]

People are going off the dollar youtube.com/@uprisingtvgaming662

[@callroland]

OK.. I bite... Why is that? finding it harder how? Apples and oranges...

[@loveblindhate9318]

They are using more and more of their own currencies for trade, outside the mighty dollar.

[@WEEwillycoolb68-q5r]

Good for the guy refusing to be ripped off.

[@whirledpeas1663]

This guy is disappointed that China did not turn into a US colony like Japan or SK😢

[@JeffersonLane762]

Funny how people always forget what communism is. When they remember (or learn), it’s often too late. You can vote it in, you can’t vote your way out.

[@Mister_Rooster]

Communism? Actually think China's Communist nowadays even then the itself call themselves Socialist

[@loveblindhate9318]

You have no idea what communism is except from McCarthyist point of view.

[@irene2655]

@@loveblindhate9318 can you explain.

[@loveblindhate9318]

@@irene2655 Simply 100% anarchist. No govt. no police of that sort. But no country have ever achieve full communism yet.

[@loveblindhate9318]

@@irene2655 all my posts gets deleted.

[@alansmithc6669]

He keep said he seeing shady crap, yet he still stays in China 😂😂

[@danielwalker7269]

I remember in the 90s doing trade shows in domestic made electronic components, and the Chinese would come to booths and take pictures of products and as much specifications available. The brand I represented would cover materials up, and told me they would have copies in 6 months if you didn’t

[@vincentyang8393]

Those kind of stealing happens in daily base all over the industries. And they consider they are smart by doing so.

[@thunderwolf475]

All I gotta say…is we better be ready to fight in 4 yrs when we’ve got to defend Trump’s turn around because I’m NOT going round and round every other four years with this shit.

[@nitrozack3062]

Aw muffin

[@CornPopsDood]

Two terms is two terms man. The merry go round does need to stop, but we can’t go trying to change the foundation.

[@elkarlos814]

Assuming he survives, now that he know how things work and has gathered some forces, DJT will definitely be laying some type of foundation for the Future. He IS a builder, after all.

[@getstuk87]

It's pretty clear nobody here has watched the KZbin video of him promising almost weekly, on video for 4 years straight, "I'm releasing my Healthcare plan that is going to vastly improve everyone's lives in 2 weeks". It will walk back any big expectations you have for his next 4 years. He promised two things in his campaign repeatedly, making a border wall and making Mexico pay for it, and fixing Healthcare. One of those KINDA happened, although it has a long way to go, and let's be honest, he actually convinced us Mexico was going to pay for it 😂

[@peterruiz6117]

I saw a docu on young Trump. Very impressive how he took corrupted projects where nothing was fiinnished, completed them under budget...The city was full of corruption with money dissapearing. The police department went through a clean up under Guliani somewhere in time frame...Look at it now. Its going to be a short four years. Maybe it can last. Maybe not. As long as colleges keep putting out brainwashed zombies....??

[@81hewp]

It’s a long game and we are way behind.

[@patrickancona1193]

Welcome to the Cold War 2.0, we been here before

[@leviticuscornwall9631]

If it is a long game the silver lining is we have plenty of time left

[@HFate2024]

It's already over.

[@AS-np3yq]

American culture is young. That's why they do not understand Chinas and Russias culture and think they are just like them. And yes, many europeans followed.

[@Last_Chance.]

​@@leviticuscornwall9631we don't though. It's been going on for a long time and we're on the cusp of a breaking point

[@iamthem.a.n.middleagednerd1053]

I remember about 12 or 13 years ago when Wal-Mart decided they were selling all of their stores and getting out of China, just a few years after they had been super excited about their growth in that country, I figured it was only going to downhill from there.

[@Lektuerekurs]

I hear WalMart had that happen in other countries, too. not just in China

[@brianmoore3202]

Very interesting information; however, the speaker needs to meet with a formal speech consultant regarding his ah...ah..and um...habit. it's very annoying and unnecessary to speak using pause sounds. .ahhh ahhh .ummm and ummm. Toastmasters could help him with his public speaking engagements. I find the information helpful but... ahhh ahhh and ummm very annoying.

[@keithdyeresq]

i find you um ah annoying...​@@brianmoore3202

[@Cincy32]

​@@brianmoore32021989 Tiananmen Square Massacre

[@MarineScoutSniper]

@@brianmoore3202because he is lying

[@pengyuanlu]

I am Chinese, I have a very urgent suggestion for Weatern people. Democracy should only trade and do business with Democracy, leave the dictatorship for themselves. And this will help the people in those country too, including me ofcourse.

[@hughmungus2760]

Democracies wouldn't be democracies for very long if they lost access to cheap sh!t they import from the rest of the world. Most voters would happily appoint a dictator if it meant their cost of living was brought under control.

[@xiaoguan1143]

He's correct....I was there....he didn't even mention the ugly stuff.

[@masterq2.033]

I refused to sign a document's at a signing ceremony with I guess 800 delegates. TV crew , the whole 9 yards because we had not even finnished negotiations. They also said , don't worry its ceremonial. We will sort out the details later..... Much awareness and embarrassment.

[@EdCarlson]

I was working in China in '88-89. This video has great insight to understanding what I saw there.

[@fs5775]

I lived in China during covid in 2020-2022 and same.

[@Asheroyal12]

A White Descendant European man speaking on Morality.Make this shit make Sense.😂😂😂

[@louisduplessis2075]

Tim Clissolds book...Mr China...describes the lunacy of doing business in China....

[@artlac808]

I brokered engineering grade plastic resins in the early 2000’s in Houston. An agreement, usually verbal, would be made for the price of a container sized shipment of resin. Deal made, shipment ready for pickup and the Chinese buyers would renegotiate the price. When purchasing from the Chinese they wanted cash up front when an order was placed. Selling to them they wanted 90 terms.

[@philfortner1805]

If you don't have the rule of law then you don't have a country, a economy, a society.

[@Coopernicuss]

I lived across the pond in Taiwan from 2001-2012 and I can 100% attest that this is true. If you don't have CONSTANT leverage that you can exercise at anytime then you've already lost. And even if you do you better know everything that's going on.

[@mrgustavoperez]

A perfect concise description of what happen to China in the past 25 years.

[@Western_Decline]

what happened is China surpassed the US in many areas, and the Whit-es got upset and replaced.

[@決明子-l2t]

Really? Is that how China became the world second largest economy in the world? What a ridiculous logic, how come india is such far behind then? Do you mean Indians are honest in doing business?

[@mrgustavoperez]

@ Well yes really. Completely different of how Japan also became the number two economy in the 80’s. It not only explains China’s big rise but more importantly highlights the key reasons it is failing as a society and will ultimately colapse not unlike the USSR.

[@mrgustavoperez]

@ Wumao looks like you made your $0.50, congrats

[@決明子-l2t]

cia bot accusing other wumao 😂😂

[@larrycao8258]

It’s an excellent interview, and I agree with his insights. While Chinese people are individually talented and hardworking, they are often compelled to navigate a society devoid of a moral compass. Worse, the communist government has normalized dishonesty, enforcing deception in nearly every aspect of life. Living behind the “Great Firewall,” many even come to believe the falsehoods they perpetuate. As a graduate of Peking University, I quickly realized within months after leaving the country that much of the modern and contemporary history I had been taught in China was fabricated. Thus, I have a fundamental distrust of its government. I believe that anyone who chooses to invest in China either in time or money is exposing themselves to enormous risks.

[@hughmungus2760]

post 1979, china opened up to the concept of capitalism and adopted it in its purest form. This was the same ruthless capitalism that the west used to justify selling opium to china and colonising much of the rest of the world. Love it hate it. It was effective and now you know why so much of the world has a chip on its shoulder with the west.

[@5qs849]

Look how bad Canada has gotten. We know this all to well.. Cheers. 🇨🇦

[@russhay422]

True. 🇨🇦

[@7Moonbeam6]

Sad situation we’re going through right now 🇨🇦. ✊🏼

[@FibberMckay]

explain

[@PunkRockGardener]

@@FibberMckayjust leave your house, you’ll find out.

[@sabejreid2072]

The CCP has corrupted Canada UK Australia Brazil and the USA.

[@ericchang9568]

A friend told me so many crazy Chinese stories like these too: a guy stole some GM car parts, removed the part number and replaced it with his own, then he went to GM and quoted 1/3 of the price to squeeze out the current supplier, then use the GM contact to get financing and started his own car parts company. This is not an exception but the norm. My friend knew because he helped take many such companies public in HK too.

[@erickk1992]

An economics professor, whom I respect, once asked the class ‘what would happen if China became the new world superpower replacing the US?’ Nobody had an answer. He pretty much said nothing bad would happen, yet the more I learn of China the more I realize it might be worse than we thought.

[@Durzo1259]

Using a trick question to prove a fallacious point. Nobody could answer because that's a HUGE question that nobody has spent time thinking about. But he thinks their lack of an answer proves there's no difference.

[@TavistockLiesBrainwashing]

He was clueless socialist

[@ln6593]

U will work 996 for peanuts?

[@HandSolitude]

That's hilarious. I hadn't realised that Chery was just Chevy.

[@hughmungus2760]

I also find it funny that Chery sells better cars the Chevy today.

[@pss5172]

Every college kid in America should see this.

[@dayeah765caoni3]

Then what ? Quit college and go home whining?

[@jimmyjamsburner6944]

Why? This is one of the most ignorant takes on China I’ve ever heard

[@toddgaak422]

@@jimmyjamsburner6944 Yeah, no. He's 100% correct.

[@jimmyjamsburner6944]

@@toddgaak422 keeping eating that sweet sweet propaganda buddy

[@ykhan187]

How about the history of the US native killing?

[@the_dice_man]

I ran/owned a company with clients worldwide for a decade and we only ever had two clients never pay us and both of them were Chinese. They claimed that we didn’t do a good job and refused to pay the remaining amount owed on the project(s). Hilariously we saw our work in China on the software platform we were building months later. We tried to fight them with the US judicial system but they just hid in China. Literally hundreds of thousands owed. We never worked for another Chinese company again and personally never will. Many have no code of conduct or ethics.

[@davidlcaldwell]

If this man had spent 2 hours researching china's history, he would have understood its absolute contempt for foreigners. This man has infantilized himself.

[@loremasteringwion9930]

I just left China recently. You won't believe how xenophobic and anti-foreigner China has become. The hate that is promoted daily is insane. It was not like this 9 years ago

[@BillKort-xo8nj]

Yes, and there's no anti-China stuff in the West. And we should admire the West's treatment of Muslins and Africans.

[@TavistockLiesBrainwashing]

Yes he is totally unqualified

[@GK-yi4xv]

"But, but, but, Chinese culture and people are so wonderful, don't you know? It's all the fault of that meany Mao, who magically made all Chinese morals and decency vanish forever 50 years ago. Otherwise, none of this would be happening!" Lol. When has China ever been any different from its current form? If ever, it was even worse. The current name for it is 'CCP'. That's all.

[@jamesrecknor6752]

@@loremasteringwion9930 Felt that hate within minutes of arrival in the airport.

[@crusader.survivor]

Many years ago, I worked for a small coal mining company in southwestern Alberta, in the Rockies. After several weeks of working and packing high quality coal continually to PRC, I asked out of curiosity where the products to Canada go,... They looked at me strangely and said all their finished products have always gone to PRC. WTF! Canadian minerals, extracted by Canadians, and all taken by China!

[@seechunchong9876]

You meant China took the coal without paying? What a shame. How did you get your salary then?

[@christineagnew7372]

much of our Alberta beef goes there too bud. 😢

[@crusader.survivor]

@@christineagnew7372 Alberta beef is the best Canadian beef!!! That's sad to hear

[@weisong3917]

Keep those products to yourself and don’t make dime from China

[@littlemoo52]

I worked at a pharma company where one our reps went on a business trip to a site the company had in China. They would not let him inside.

[@rubertgriffin8411]

people were so clueless back in 2012, i remember. the head of my majors department in a large US university was learning "confusionism" because a kid gave him the book

[@Daoistify]

Lived/worked in Anhui Province 2009-10. My wife and I lived at a school with enrollment of 5000 students. We traveled to many places including Kunming, Chengdu, Suchow, Liojiang, Shanghai, Beijing, Xian, Guangzhou and Hong Kong. I had a great experience but learned we were definitely in enemy territory.

[@Wushibuxiaobaibu]

You lived in a bad place though, Auhui is a very poor province with low class people.

[@zjeee]

@@Wushibuxiaobaibu Well for Chinese standards Anhui is about middle when comparing provinces and wealth, it's not poor it is not rich. By western standards of course you can say they are poor but from a Chinese perspective they are about in the middle of all their provinces ranked on GDP/Capita. Average salary will be around 2500-4000 RMB depending where in Anhui you live which may sound like it is not a lot but in some places in China the average is 1500....

[@markwaldron8954]

Thanks, Nixon & Kissinger.

[@labfixit]

Bush and Clinton also got the ball rolling.

[@buhingkalbaryo]

Carter

[@rtrefil]

Wrong. Nixon and Kissinger were doing on end around our greatest enemy at the time, the Soviet Union. Your thanks should go towards the greatest idiots of all time Bill Clinton and the Democratic Party who gave China Favorite Nation Status in exchange for millions of Dollars towards the Clinton Foundation. 100% of monies from the Foundation goes to the Clintons.

[@WanderAbroad-pq5ph]

Yep, lived in China (Hainan) and worked there four years - NO moral code and those that had it were extremely rare. If you're not getting screwed over then you already have and just don't know it yet. Even worse is that those who I considered close friends had no problem throwing it all away in an instant if they thought they could get a little extra money. It's truly a sad issue because I'd have been glad to help them for as long as they needed it.

[@hughmungus2760]

please tell me where the moral code is in turning countries into debt slaves and regime changing their governments at a whim for better geopolitical/economic deals? China does to individuals what the world bank (and its puppet master the US) does to entire countries of millions.

[@justaguy4real]

4:33 FINALLY a channel with accurate titles. Fn love the SRS, man you're such a great character and host with excellent morals.

[@DavidLeegemstones]

That is the FDA

[@StephenH6463]

For anyone familiar with Star Trek, they remind me of the Ferengi.

[@eltonyancey6426]

Good comparison.

[@iamthem.a.n.middleagednerd1053]

Except for the Ferengi are supposed to be the Jews

[@wellofworlds]

No the Ferengi has a code.

[@christineagnew7372]

worse!

[@bobbyisenhour5817]

FDA does do the same thing haha Shawn’s a legend

[@fs5775]

have a bunch of babies been killed by baby formula in the US and the US government covered it up? no. because the US has a free press and bad behavior gets exposed and punished. in china, bad behavior disappears. dead babies in Chinese families, no one gets compensated, no one allowed to talk about what happened to their dead baby. Uhhh it's not even remotely close to the US.

[@ASmithee67]

I spent 5 years in Beijing working for a Chinese state firm doing international marketing. The contract signing story is typical of China. The theft of IP is also typical.

[@dirtfarmer7070]

An old WW2 vet i knew, told me that the chinese they fought alongside in the jungle would steal from them constantly. The Chinese soldiers didn't see a problem with it. He said they left a lot of them in the jungle with a bullet in the head when they got sick of the thievery.

[@cheng8881]

Cool story, but didn't you guys provide limited support to China as opposed to boots on the ground?

[@BrianHarp-dy7yo]

​@@cheng8881this man was a member of Merrill's marauders fighting in the burma jungles against the imperial Japanese army. That was a common enemy between the Chinese and Americans, not to mention many native tribes, whom the Japanese treated brutally. They were definitely on the ground.

[@cheng8881]

@@BrianHarp-dy7yo Thanks, learn something new everyday. However, this overlooks the bigger issue, incompetence and mismanagement by American leadership. Merrill’s Marauders faced severe supply shortages, disease, and exhaustion due to poor planning. Both American and Chinese troops were under extreme stress, competing for scarce resources in a brutal jungle war. Any isolated incidents of violence, if they happened, were more likely caused by desperation and systemic failures. Blame lies with the command’s poor logistics and lack of support. Whilst the objective was met, it came with a heavy price tag. General Stilwell did not coordinate his plans with Admiral Mountbatten (related to the Queen), instead transmitting separate orders to his Chinese forces and the Marauders

[@drwinklepecker9298]

Fair assessment of what I've experienced there. They never fail to disappoint. Yet to be fair, I've had very amicable and mutually rewarding business with second and third+ generation overseas Chinese, and they are delightful people.

[@MetaView7]

Fair assessment of what I've experienced there. They were merely reciprocating their experience.

[@pabo8080]

Hearing about Morality from the world bank director has to be one of the greatest ironies there is.

[@pyrology101]

And yet there are many who still want to do business with them......

[@didiermontagnier6114]

we were stupid to think that our goodwill gestures will be reciprocated. They have never been our friends

[@Skmei6]

On what basis did you guys thought they woud be your good friends?😂

[@Neo-jty]

Since when you guys have goowill for anyone?

[@didiermontagnier6114]

@ China would still be a dirt poor nation if we didn’t open up our market and give it the status of most favorable nation so it can dump all of its cheaply made junk on us. Without our technology, our investments and our navy to protect the trade routes where would China be today? Talk about being a bunch of ingrates

[@Tdzzz450]

What goodwill structure? You literally capitalized off of “slave labour” making your iPhones

[@didiermontagnier6114]

@ slave labor by whose standard? By ours then perhaps that was true, but for a country that was dirt poor, what exactly defined as slave labor? If it was slave labor then why so many signed up to do it? Lastly educate yourself on how the iPhones are made. The design comes from California. Many critical electronics parts come from Japan, Taiwan, Europe or South Korea. It doesn’t take much skill to assemble the product if there is a good step by step manual on how to do it. You get paid ‘slave labor’ because you’re doing the job that requires the least amount of technical skills. Moreover, go and complain to Foxconn about how they pay you and not us.

[@cmwHisArtist]

Why would you even do $1 of business with those people? It’s like signing a peace deal with the Taliban.

[@zjeee]

money

[@wilson2455]

from financing blood diamond mines to wars, talk about a 'pot calling the kettle black' moment !!