The devastated Chinese economy: Brought to you by Winnie the Pooh.
@petrsal68567 ай бұрын
You forgot about Trump and Biden.
@bloodlustshiva17 ай бұрын
@petrsal6856 The CCP fucked China more than anyone else could have tried to. The one child policy destroyed the country all on its own, but nice try trying to deflect and make everybody else look bad.
@chief37967 ай бұрын
Glad we could help @@petrsal6856
@ChickensAndGardening7 ай бұрын
@@petrsal6856 Trump forced China to play by the rules. They were tariffing American products and stealing American tech with zero consequences, for decades.
@CanMav7 ай бұрын
@@petrsal6856 No, it's all because of Pooh and his peanut-sized brain
@elsebabette17277 ай бұрын
It's really wonderful to come across people who freely share valuable information online. You never know what kind of knowledge you might stumble upon that could have a lasting impact on your life.
@arnaulfeike14747 ай бұрын
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@sergio-gw3ju7 ай бұрын
What specific type of investment are you referring to? I'm aware that making money through investing is not as straightforward as it may appear.
@arnaulfeike14747 ай бұрын
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@jeanneberengere80637 ай бұрын
I apologize for interrupting, but I have been searching for assistance with this type of trading as my work consumes most of my time, leaving me with limited opportunities to focus on trading. How can I get to know him?
@arnaulfeike14747 ай бұрын
INSTAGRAM
@highping17867 ай бұрын
They didn't move they shut down.
@Freecomments4u7 ай бұрын
nope, sent to africa. cheaper labor
@jimc86137 ай бұрын
It's good to see that companies have woken up and are finally leaving China.
@stevenphillips34667 ай бұрын
China is de industeralizing ... but the have plenty of vacant pretty buildings and vacant mega high speed train terminals
@alapaticornell43917 ай бұрын
Good old tofu town w/tofu High speed 🚆😢
@notruthinthisworld.84147 ай бұрын
Have you been to Michigan?
@bloodlustshiva17 ай бұрын
Has that what-about-ism fixed anything yet?
@nosoupforyou4257 ай бұрын
Not woken up.... just chasing lower labour costs so that corporate profits and ceo bonuses can keep going up
@sonnybrakes84967 ай бұрын
Now the Chinese know how we in the west felt when we lost our industrial manufacturing base.
@rhetorical14887 ай бұрын
they do but wishing ill on common folk who had no say in the policies the governments implement is low.
@chief37967 ай бұрын
@@rhetorical1488the wrong china won the civil war
@sonnybrakes84967 ай бұрын
Where was their sympathy for the American worker when it was happening to them? Nice try. @@rhetorical1488
@sweetla47507 ай бұрын
At what point did they say wish…reaching much
@rosaliethomson8057 ай бұрын
@@rhetorical1488 not really. They have supported the government.
@valturesnake53037 ай бұрын
Karma for China for how they treat Africans in Africa
@awsin5567 ай бұрын
They are always yelling or following you around 😂😂😂😂😂😂
@petrsal68567 ай бұрын
Kama Sutra for China.
@smoxesk7 ай бұрын
respect ...........
@aikipicsaikipics66067 ай бұрын
THIS IS THE SITUATION WHEN A DOG BITES THE FEEDING HAND
@sand07604 ай бұрын
WEF RULES....
@divizionx7 ай бұрын
Shenzhen started dying right after the US sanctions
@billshun39637 ай бұрын
You’re so wrong, I just came back from Shenzhen one month ago.
@j562gee0hdeewestsdegethemuLa7 ай бұрын
Doesn't look like they changed birds looks like they killed the last bird they had left.
@DoctorRobertNeville7 ай бұрын
Not only did they kill the poor bird, but they ate it. I blame this on the CCP zero Covid policy.
@robertfarr91867 ай бұрын
Shame all that empty land is so badly contaminated from industry etc that it can’t be turned back into productive farm land.
@Notme-tq4xs7 ай бұрын
why do you think they will check for that before planting ?
@johndoh51827 ай бұрын
The crazy part is some companies are STILL building more housing towers when the population is decreasing pretty much in EVERY big city in China. There might be one or two that's not hit so hard but the population won't be growing in those cities either. So who is going to move into those towers? Sure, a real estate company, or builder might be able to sell a place as an investment property because most citizens don't want to invest in their own companies via the stock market. But then THOSE investors are stuck with properties they can't sell, and the odds are good most people in China already are aware of this situation because even though the CCP removes posts from social websites they can't stop people talking to each other.
@BobbsVegine-eg3xz7 ай бұрын
They are now building those towers in western countries and selling them to Chinese business man, woman, CCP officials and investor's. Driving up real estate prices so people from those countries are priced out.
@billshun39637 ай бұрын
Not STILL building, you don’t know what you are talking about.
@hufficag7 ай бұрын
They want all those migrant workers to live in penthouses and eat in fine dining restaurants and drive luxury cars.
@sblumenstein66886 ай бұрын
It’s all about laundering money from criminals who need to “wash” it. I didn’t understand how laundering works until I watched “Breaking Bad”. The construction business is the number one laundering vehicle. Doesn’t matter if the buildings collapse, can’t be sold or whatever. That’s not the point.
@MyAmpWamp6 ай бұрын
In europe population is also declining for decades but housing prices are ever increasing. The thing is the older people from the birth bubble are still living and not dying any soon, but people want to live and work in big cities since small cities don't offer oportunities. It's about people redistribution.
@jetsetter85417 ай бұрын
One of the factors contributing to downfall of the industrial manufacturers is the persistent poor quality of products forced on export. Prices were good but of HORRIBLE quality or fakes & copies. Obviously most foods for international markets were disaster of chemicals & heavy metals.
@sblumenstein66886 ай бұрын
I just bought some wireless headphones. They are great, but I am really torn because they were made in China. After the debacle over the piano in London, I started watching some KZbin videos about what’s happening in China. Americans have no idea (T**** takes up all the oxygen). I could not find a company in the US making headphones here. Maybe someone could fill that niche.
@BusterNoggins7 ай бұрын
RIP China you will not be missed.
@jmc80767 ай бұрын
Don’t be so sure yet.
@guill907 ай бұрын
China has reached the middle income trap threshold. Low to mid end manufacturing is moving to countries with lower wages. China needs to grow its economy with a bigger service sector by increasing consumer consumption, but all the consumers' money is tied up in the real estate bubble market.
@sfarrell711387 ай бұрын
They need livable wages to fuel that service sector. J bet china collapses and starts over with new currency. Interwoven into a new social credit system
@cheesesniper4737 ай бұрын
It took 80 years for american industry to export, and then 40 for chinese industry to collapse. So of the 3 countries left, they have 35 years and 3 moves left before all export labor becomes unprofitable.
@petrsal68567 ай бұрын
Yes.
@Headloser7 ай бұрын
Then the AI and computer robots will take over the labour department. @@cheesesniper473
@billshun39637 ай бұрын
China has grown way too fast that is a fact.
@seanjoe48527 ай бұрын
The lesson of "Don't bite the hands that feeds you".
@blabla-kk8bl7 ай бұрын
You can understand now how we felt when you stolen our factories.
@relight69317 ай бұрын
When they stolen? You realize that was done by US corporations for their self interest...
@przyplyw7 ай бұрын
What kind of crap is that? it was your companies that decided to produce overseas and it was your politicians who set the business environment to favour leaving your own country
@mazzdacon21347 ай бұрын
Not exactly stolen, corporate America had a role in the "great off-shoring".
@davehue95177 ай бұрын
Chinese people can blame Xi and his ego.... nothing will change until the people stand up for themselves
@petrsal68567 ай бұрын
And let the Americans blame Biden for everything.
@glenngrowe71057 ай бұрын
Amazing to see Shenzhen laid low. China's transformation downwards since I visited in 2017 is incredible. Too bad China is not able to get new leadership to try a new strategy. Chinese at the time trade war began said China would emerge stronger than ever. I guess not.
@Rostov_red_beard7 ай бұрын
i remember watching serpentZA videos back in 2015 of him riding all over that city. this is really eye opening.
@parteuy34347 ай бұрын
indeed, china is now PROPERLY CUCKED by the americans. It's only natural since they don't respect the western way of doing business (and honoring intellectual property).
@ahhmm53817 ай бұрын
This happens with export reliant economies
@richardparker13387 ай бұрын
This is one small area being redeveloped in a massive city. It does not represent Shenzhen. A totally misleading video.
@gordonallen90957 ай бұрын
It's called BOOM & BUST. Nothing lasts forever....
@roybrewer65837 ай бұрын
I'm beginning to wonder whether China even has a population of a billion 😢😮😂
@shanghaiffgg7 ай бұрын
Give it a year or two
@roybrewer65837 ай бұрын
@@shanghaiffgg will anyone be left in a few years 😄
@RoddHarding7 ай бұрын
Infrastructure like the high speed rail system, that was only at 20% capacity, must be crashing now.
@emmapeel81637 ай бұрын
well now i know why Black & Decker's quality fell off.
@hvacrwrld14027 ай бұрын
Affectionately known as "Sack and Pecker" now 😂
@j562gee0hdeewestsdegethemuLa7 ай бұрын
A sad realization but one needed to wake the people up
@peterkincep78087 ай бұрын
he he in communist counrtzy....bull sh...
@781716267 ай бұрын
Why would they demolishing these buildings when there are so many people are sleeping in the streets?
@tedzehnder9617 ай бұрын
The only good thing that might come about is that the air pollution might get better with less factory pressure. Factories and dorms might not be the only thing demolished. Some of the sub-par housing might have to be removed.
@SpadezA117 ай бұрын
They thought we needed them 😂
@Buckfast767 ай бұрын
I really would love to see more peace in the world in future. There are Problems which need cooperation in future of the hole world community. But in german we have a metaphor which is true. „ Arrogance comes before the fall“
@johndoh51827 ай бұрын
Do you think these businesses will more carefully evaluate the politics of the country they move their manufacturing to? Even when they moved into China, it's not like China was a "friend" to the West or other Asian countries and already had their 9 dash line claiming most the S. China Sea along with having disputes with most its bordering countries about borders, already had issues treating Tibetans as criminals, started locking up people and using them as slave labor. This was ALREADY going on and these companies ignored it, and now they're paying the cost of moving because of the politics of China. Or I should say, they are suffering sales because for now they're charging higher prices to help pay for them to move out of China.
@Morkvonork7 ай бұрын
No they wont learn. They leave because the wages are now higher than in other countries. India is already very hostile towards the West and their gouverment even murdered a Canadian Indian activist recently. China is still more horrible though.
@relight69317 ай бұрын
They are not suffering nothing.. They did their profit cost analasys before they came.. Those corporations are not people. They are entities made to create profit. If it was allowed they would literally do anything that makes profit.. It is as simple as that.
@Brian-pz3wh7 ай бұрын
@@relight6931 ALL behaviors have consequences and economic behaviors are not exempt. in addition, many business decisions are very poor, being driven by an opportunistic attitude and greed, and in fact most are.
@relight69317 ай бұрын
@@Brian-pz3wh listen, I agree with you.. But it is helpful to if needed to place the quilt, to where it belongs.. It wasn't "evil" chinese people, who might I need to remind you even today have more then half of their population living under poverty line.. Yet OP fails to see, it wasn't their fault.. It is a simple process of corporations always searching for those lands of ever cheaper labour..and more lax human rights.. Consequences are very real, just don't fall into a trap of thinking it was evil China that took your job.. It was your domestic corps, fully aware of what China is like, and still moving there..
@BobbsVegine-eg3xz7 ай бұрын
Well said. Also a lot of those greedy companies went out of business. Once china stole or reverse engineered their products. I still can't believe even Hollywood fell for the trap. Now I see big gaming companies going down that road. Once china start developing Big name games for the western market a lot of those companies that are helping china will also one day go out of business.
@6NBERLS7 ай бұрын
Absolute power carries with it absolute responsibility. Blame Xi Jinping.
@adenwellsmith69087 ай бұрын
An illusion created on debt.
@Lesley.h7 ай бұрын
Yes. That’s right. The world is finally sick of low quality products. I would call these places one minute factories.
@user-1rg9f2-g3l6d7 ай бұрын
They are sick of 50-Armyers, Wolf--Warriors, Luxury house investors, and the MSM.
@przyplyw7 ай бұрын
the quality is what you want to pay for...... are you really that delusional that you believe a space visiting nation cannot produce high quality? There are high quality products you just dont see them because YOUR merchants import on the cheap
@eaglestar29627 ай бұрын
I just went to SZ a few weeks ago, it was still lively. But i was informed that labor cost are a bit expensive compare to some other places in China. So, some factories moved to other places in China. But it was still lively and buzzling and a lot of traffic jams.
@thevan847 ай бұрын
Dont blame the west or rest of Asia reluctant to do business with China. China makes business more difficult with their own internal policies. So Chinese need to reflect on themselves,either change the goverment or their own policies instead of blaming outside of China
@johnnypham28507 ай бұрын
Relocated to other Countries WOW
@spanglerimagery7 ай бұрын
And, since when is 500k people considered a small town?..
@nosoupforyou4257 ай бұрын
1.4 billion hooligans..... 😆
@dilligafmofoker7 ай бұрын
When compared to 18M.
@stlouisix37 ай бұрын
The Deserted and Demolished Industrial Areas of Shenzhen: A Relic of the World’s Factory, Leading to Urban Depopulation and Economic Crisis 🏭 Shenzhen's industrial areas deserted and demolished, leading to urban depopulation and economic crisis. 00:00 Industrial areas in Shenzhen deserted and demolished 00:00 Factories and shops closed, leaving empty spaces 00:09 Exodus of migrant workers due to factory relocation 00:34 Urban villages quieter with fewer people and closed businesses 01:55 Shenzhen's transformation from small town to megacity 03:02 Severe crisis of population outflow and falling housing prices 03:44 🏭 Shenzhen's industrial decline leads to job loss and housing price drop, causing migrant worker exodus. 03:58 Migrant workers returning home cause quiet communities 03:58 Housing prices in Shenzhen drop by 30-55% 04:40 Population exodus and industry hollowing out lead to severe job loss 05:25 Many mid-level enterprises move out or shut down 06:16 Job hunting becomes increasingly difficult for migrant workers 07:06 🏭 Shenzhen's manufacturing industry undergoes significant changes, leading to closures and relocations. 07:41 Relocation of manufacturing industry in Shenzhen began in 2008 07:41 Shift from low-end industries to Finance, real estate, and Technology R&D companies 07:54 Pressure on manufacturers to relocate due to land development plans 08:56 Proactive shift in manufacturing due to China-US trade war 09:37 Global manufacturing industries seeking alternatives to China 10:20 Frequent closures and relocations of long-standing companies in Shenzhen 10:48 Examples of major manufacturers ceasing operations in Shenzhen 11:36 🏭 Shenzhen's economic shift leads to deserted factories and struggling city 11:59 Hong Kong funded company ceases operations 11:59 High vacancy rate in office buildings and fake headquarters exploit tax incentives 12:48 Shenzhen experiences negative population growth for the first time 14:00 City officials promote industrial city again, inviting back previously forced out companies 14:20 Shenzhen struggles to attract foreign investment and maintain appearances 14:59 Largest cultural and tourism night market becomes deserted just 4 days after opening 15:06 Video blogger showcases deserted night market with empty stalls and few visitors 15:27 🏭 Shenzhen night market deserted after factories and urban villages demolished, sparking controversy. 15:50 Night market deserted after factories and urban villages demolished 15:50 Video sparked controversy over timing of visit 15:57 Market remained deserted during busiest time visit 16:04 Empty stalls and deserted streets observed in the market 16:12 Former Mercedes-Benz 4S store transformed into night market 16:55 Government's creation of night market seen as political task 17:15 Discontent expressed over the pointlessness of night market without factories 17:30
@petrsal68567 ай бұрын
It's terrible what the fuck is going on.
@Renwoxing137 ай бұрын
Thanks.
@majstealth7 ай бұрын
"we have 1000 weaving machins, we WILL DESTROY YOU!" well, we are still here and kicking - are they?
@bbokdoong7 ай бұрын
This is just the natural progression of development. I remember how South Korean businesses moved their factories to China when China first opened up in 90s and how South Koreans had the same issues. They found the solution by improving the product and going hitech. Chinese companies will have to move their factories to Vietnam or India. Can they make it in a level playing field without subsidies from the Chinese government?🤔
@petrsal68567 ай бұрын
And subsidies account for 25% of the total economy of Chinamerica, both in its American and Chinese parts.
@nosoupforyou4257 ай бұрын
Ccp will no longer own demand 51% and propriety rights... and will not have to worry about the knock off products and factory output when no one is looking.so they are WaY better off outside of Chyna
@RoddHarding7 ай бұрын
The CCP will find a way to interfere amd make it harder
@oscargrainger29627 ай бұрын
No
@RatTerminator7 ай бұрын
Keep up ur belt&,road programs Winnie Pooh!!😂
@jules2637 ай бұрын
Most Chinese buildings are made using reinforced autoclaved aerated concrete (Raac) which has a 30 year lifespan before it comes crashing down. Hence they are demolishing them before they fall down.
@miguelhidalgo93727 ай бұрын
I am very sad. I bought and sold high quality renewable energy products based in Hong Kong and Shenzhen for many years. I worked hard to establish lifetime relationships. I stayed at the best hotels in Shenzhen, Nanjing, and throughout mainland China. I was always treated with kindness and the most gracious hospitality. I will return to do business in 2024.
@needmoreramsay7 ай бұрын
I suspected many hundreds of millions of Chinese are "no longer with us" after C V imprisonment, starvation and mass vacuum scene.
@PureBadBreath7 ай бұрын
This is the true indicator, the reversal of fortune at the place where it all started.
@hoatruong-bn3uw7 ай бұрын
Ccp is still o.k,so don't worry about billion chinese people.
@nelsontan81787 ай бұрын
now this is a night market...a quiet place where you can enjoy a nice quiet meal
@dilligafmofoker7 ай бұрын
Of fake food.
@nelsontan81787 ай бұрын
@@dilligafmofoker how do know....were you there and have you consumed some...
@billshun39637 ай бұрын
@@dilligafmofoker ?
@spacelemur79557 ай бұрын
It's all very sad for the poor workers. Now these capitalist companies will pay crap wages in new markets until it's time to abandon those countries for even poorer ones.
@sfarrell711387 ай бұрын
Business baby its just business-unfortunately
@MK_ULTRA4207 ай бұрын
Easy come, easy go.
@6NBERLS7 ай бұрын
I guess nobody noticed but, China has a Communist government with absolute power. They bear absolute responsibility.
@WolfOfLosAngeles7 ай бұрын
Think they’ll go to Thailand or Mexico or Philippines?
@MK_ULTRA4207 ай бұрын
@@WolfOfLosAngeles All three, including Indonesia and various African states.
@roberthealey72387 ай бұрын
Reminds me of areas in the Midwest back in the day when manufacturing was moved from US to China… I guess manufacturing cycles are about 40ish years? Another 40 years they will move again, hopefully the current boom areas will be more prepared than US was in 80’s/90’s and China today.
@stevenphillips34667 ай бұрын
Fortunately those people could just move to get jobs in different states ...These Chinese look like they cant find many jobs anywhere
@needmoreramsay7 ай бұрын
@@stevenphillips3466and their mobility is usually limited because of the social credit system AND strict migration laws between provinces.
@petrsal68567 ай бұрын
In fact, the United States today looks like China today, because Chinese wage labor has risen significantly in price.
@roberthealey72387 ай бұрын
@@stevenphillips3466 Huh? The manufacturing, as well as all the supporting industries, jobs left the US permanently. That is why most manufactured goods, and quite a bit of food and pharma, in the US have foreign origins now. The people of the rust belt had to retrain to a different field or retire much like the Chinese will have to do now.
@MK_ULTRA4207 ай бұрын
@@petrsal6856 ni hao wumao
@madankn7 ай бұрын
This is just the beginning, when some one becomes arrogant, its down fall starts!
@samsonsoturian60137 ай бұрын
Schegen speed. In reverse. Easy come. Easy go.
@masonsykes22407 ай бұрын
Little high, little low Any way the wind blows
@billguernsey64197 ай бұрын
If you build it they will come, that’s not a sound economic policy.
@ethercreatures7 ай бұрын
China, the ultimate in disposability. Entire regions....
@needmoreramsay7 ай бұрын
I'm EXTREMELY concerned about China and their population. Hundreds of millions were locked up, forced vacksed, detained, etc. WHERE ARE ALL THE PEOPLE !?!? Thousands of factories and restaurants, neighborhoods, entire VILLAGES ARE EMPTY. How many are no longer with us !??? This is depopulation and it can't be hidden anymore
@oliviaortiz51577 ай бұрын
😢☹️ I didn't think about that ☹️ where are they ❓ entire cities they can't all disappear 🤔‼️ could happen but not like THIS, just doesn't seem right 😳
@rebelfighter52497 ай бұрын
Hundreds of millions r no longer with us.
@petrsal68567 ай бұрын
You worry about yourself too.
@merrydaye47637 ай бұрын
Million, 2or3 sure but your numbers are wild
@NelmacCity7 ай бұрын
Did you notice the barbed wire around the factory dormitories at 7:20 ? That alone gave me the creeps
@panaceiasuberes64647 ай бұрын
When you let Winnie the Pooh rule...
@jansg4057 ай бұрын
absolutely
@heavenswarriors32446 ай бұрын
This is truly horrifying, however, when the automotive industry in the United States closed factories in Ohio and move them to Mexico, you should see those communities. Now Cleveland, Ohio is a graveyard on the east and west side. Those people never got jobs again most of them retired early and now it is a real SH blank blank hold and no one wants to live there. If this is what China is doing then this explains why there are so many Chinese refugees now coming in through Mexico into the United States. But there are no jobs in the United States and all the refugees coming here right now are only going to be living on government money through the refugee program. but has China opened up to refugees?
@tonylam95487 ай бұрын
Now we have to put up with low quality again because yet another country will have to learn how to make things.
@RatTerminator7 ай бұрын
Chineses progress!!😂 🇺🇲💪
@barrycole7 ай бұрын
Bat Soup sales must be low. This could be a good thing. Now is time to paint empty landscape green. Make photo look nice.
@jimmychoi78627 ай бұрын
Wishing you a Happy and Prosperous New Year.
@Headloser7 ай бұрын
They should used those empty building for housing since many of the Newer Apartments i would never ever want to live in.l
@paddle_shift7 ай бұрын
Hard to believe all those nice cars motorcycle and scooters are "empty" too. Add in all those zombie people walking to and from those "empty" places.
@French_Connection7 ай бұрын
What tragedy !!!
@spleancrush7 ай бұрын
Thanks CCP 😇😇😇
@petrsal68567 ай бұрын
Thanks to Democrats and Republicans for that.
@tempest4117 ай бұрын
It seems like it was only yesterday that I read about Xi seeking to transform China's economy from relying so much on exports to one of internal consumption. He has also sought to repress foriegn influence on Chinese culture...and then there are the tensions created by it's expansion of territorial claims, threats of invading Taiwan, and support for Russia in their war against Ukraine. It would be difficult to see how this could be anything but bad for China.
@ekesandras14817 ай бұрын
Actually the "changing the bird" policy seems reasonable and in the end everybody profits from it. China has a declining labor force due to demographics and seeks higher value industries instead of labor intensive low profit industries. Other developing countries get the chance to also industrialize and profit from global trade and the foreign companies get to relocate to an even cheaper place to produce. Anyway they would have soon left China purely for cost reasons.
@Aimsport-video7 ай бұрын
So it turns out influencing politics in US has backfired.
@ramsoncole46057 ай бұрын
How's that communism working out for ya?
@Rogdub7 ай бұрын
do these small to mid sized factories leave shenzhen to relocate to other parts of china or are they disbanding / relocating outside of china?
@MRW5157 ай бұрын
It's on the video, they are going to Vietnam and South America
@Rogdub7 ай бұрын
@@MRW515 thanks for the info. i missed that one.
@billshun39637 ай бұрын
Maybe about 40/50 years ago most US city’s subway/metro trains were built by the Japanese and in the 90s they were built by the Korean company. Guess what company is building the replacement trains now.
@Rogdub7 ай бұрын
@@billshun3963 idk about all of US but new york's are build by the japanese.
@patricequinn77333 ай бұрын
Where did the factory workers go?
@dream-dx1kl7 ай бұрын
all that to thank Xi Jinping!
@Commenter7037 ай бұрын
Interesting how greed always corrupts what is good. Same going on in the US in all kinds of ways.. Give an inch, and people want a mile.
@oliviaortiz51577 ай бұрын
It's also very contagious, greed travels, Mexico is starting to get insanely expensive with the influxes of foreigners to the point Mexicans are being displaced from various cities, cause they can't afford or compete with the hikes the GREEDY landlords are charging now in dollar vs peso 😢‼️
@petrsal68567 ай бұрын
Yes, it's the same in America.
@asiabrokersclub7 ай бұрын
Ecology cycle, chouce in life, town planning vs policies...
@douro207 ай бұрын
So they demolish everything the minute someone moves out?
@alphach1mp7 ай бұрын
It's the CCP way.....
@tonywoerner7 ай бұрын
i read factories moved out because polution toxic soil
@eddyp20027 ай бұрын
I believed in order the state need to transition from Manufacturing to finance & High tech sector, the state need to retrain the people 1st, not just blindly execute the new directive. also some enticing benefits (such as tax break) to help invite other big company that are finance & high tech to invest in Shenzhen. so that when the state do start executing to finance & high tech sector, the people are ready to move/ reemploy to that area. My guess is the state government just blindly do it without planning. just rush it without thinking - Poor Planning. That's how the outcome comes out where the ground people suffers.
@warrentilley12107 ай бұрын
Robots will replace workers soon globally.
@josephenis61617 ай бұрын
the jobs are back in mexico, its called onshoring
@rhetorical14887 ай бұрын
and the mexican factories are employing guatamalans
@chrischris48277 ай бұрын
The elephant in the room is socialism followed by communism!
@mattanderson66726 ай бұрын
Rise up People of China
@merrydaye47637 ай бұрын
Isn't it the New Year for China currently? That means it would be shut down for weeks so people can go home. Not saying things aren't bad but when was your footage taken? Just curious. Up with the people down with CCP
@valeriaichna7 ай бұрын
CNY is in February this year
@STOPCommunismandSocialism7 ай бұрын
IT'S EVERYBODY'S JOB. Human Beings - Let's Fight Together to STOP these EVIL systems. All your contributions will be much appreciated. Such contributions will prove invaluable to shutting the EVIL systems down. 🌍🌎🌏🗽🇺🇸🗽🌏🌎🌍@STOPCommunismandSocialism
@mazzdacon21347 ай бұрын
Closed down and moved to where?
@marktan80746 ай бұрын
So how does this all tie in with China's recent declaration that its GDP grew a whopping 5.2% last year???
@midimusicforever7 ай бұрын
The World's factory still mass produces OOFs at least.
@Mickenos857 ай бұрын
First to open. First to close. Whats going to happen now. What can the former workers do to gain an income to buy food and live.
@peterbenkovsky63377 ай бұрын
Fun fact is that China is moving industry mostly dirty industry out of Shenzhen from 2020 ... So this is "really shocking " new :D
@hunggiang14757 ай бұрын
Good news! Taiwan still free.
@newworldhk87 ай бұрын
i went to Shenzhen 30 years ago for business ....it is now everything went up over 100 x similar like bitcoin ...it is not in correction..and i don't see any problem......
@graxxor7 ай бұрын
Creating new opportunity for real estate agents to build shit.
@MCC8767 ай бұрын
Businesses move to cheaper operating costs and cheap labor. America to Japan to Korea to China to now India and Vietnam. Soon these businesses will move to Cambodia and other countries.
@cheesesniper4737 ай бұрын
They dont have the infrastructure to support that. Those countries have already been tapped for mining for asian countries. They have 3 countries max that can support that, and none of those countries will last as long before the labor market caps out, like current china. Id give india 10 years to get to the same point. Its a race, and theres not much road left.
@marleenneil75426 ай бұрын
I’m so very sorry for your unable to find work😪
@michaelhoran4076 ай бұрын
Re: Shenzhen deserted. That is really something! China is in a deep economic depression.
@ShenzhenPages7 ай бұрын
Come to Shenzhen yourself to see if it is deserted. The city is much more lively than what you see in this video 😅
@rebeccacarter19147 ай бұрын
How will the CCP maintain control when people are out of work and hungry? The economy is grinding to a halt.
@mkuc69517 ай бұрын
Oh look at that, you took over Hong Kong and made Shenzen completely closed and hostile to entrepreneurship. What a shock.
@sallee79537 ай бұрын
It was nice 20 yrs ago
@samsonsoturian60137 ай бұрын
It was a polluted wasteland of sweatshop factories back then
@jojobeans647 ай бұрын
lot of stuff people just don't buy anymore toys are like never for one
@zackdo51947 ай бұрын
Feel good story!!!
@oliviaortiz51577 ай бұрын
Not so CAUSE the poor poeple are the ones suffering not the government ‼️ Just like in the USA ‼️ bad decisions the governing parties make only hurt the most vulnerouble 🤨😡
@petrsal68567 ай бұрын
This is some kind of horror.
@kristoferjakistam8327 ай бұрын
what was the point of destroying these factories? Wouldn't it be better to leave them and when prosperity returns, then use the existing buildings?
@Gumyulo1317 ай бұрын
Have you seen the grand opening of Costco in Shenzhen ? Did you see the queue to get in? Despite the poor economy, many people still have money to spend.
@emmapeel81637 ай бұрын
How many are buying? i've seen people just wandering around with entire family in those large box stores. they buy a few things after spending 2 hours just looking at items.
@ronnelacido17117 ай бұрын
People always want to check out new things to see and experience for themselves. Once they see it's same crap, they never come back.