Bi Ruxie told VOA that Liu Yazhou is a genius who has to be admired and is jealous of Xi Jinping, who is about the same age as him. "A rare all-rounder. When I saw Liu Yazhou, I was able to remember what Sima Qian said about the kind of uninhibited talent. His talent was like that wild horse that escaped the reins. No matter where he killed, people would be surprised. Also, you will marvel: there are still such people in the world."
At the same time, Liu Yazhou is also a person who is arrogant, unruly and has a high self-esteem. Bi Ruxie said, "Of course we have known Liu Yazhou since his youth, that is, since he was in his 20s, that he was an unruly person. Because his words at that time were completely inconsistent with his age, status, and qualifications. "
On 21 February 2024, the book "Great Power Strategy and Sino-US Relations" compiled by Liu Yazhou won the Best Translation Theory Book Award from the New York publishing organization Borden Books. His brother Liu Yawei accepted the award on his behalf. Rong Wei, head of Boden Bookstore and editor-in-chief of Contemporary China Review Quarterly, told VOA that the award was awarded to Liu Yazhou in recognition of his academic achievements and had nothing to do with his imprisonment in China.
Rong Wei said, "His (Liu Yazhou) personal sentence or what crime has nothing to do with us. We are just because of his books and the thoughts he expressed. Because our independent publishing house specializes in publishing independent scholars who have independent thoughts and ideas. We study the academic works of such people. We are an academic publishing house. Because of his thoughts, including Li Anyou, he is a very thoughtful, a Chinese who can be called a scholar, writer or general. We That’s the way it is considered. Whatever crime the CCP convicts him of, that’s the CCP’s view. In the end, history still has to evaluate it.”
The April 2005 issue of Hong Kong's "Open" magazine published an article by Gao Yu, "Liu Yazhou, a senior strategist in Jiang Zemin's army - the ambitions of young soldiers from the CCP's princeling faction." The article talked about Liu Yazhou's arrogance, "He calls himself: Among soldiers, I am a scholar, and among scholars, I am a soldier." Gao Yu also wrote: "In 2002, he entered the National Defense University to train for military cadres Ban, known as 'Long Ban' in the army, is one of the three generals selected by the Air Force. Regarding this squad, Liu Yazhou made the following conclusions: 'First, although there are still good people in the army who have not come, they will definitely come. is the best. Second, in the future, the leaders of the Military Commission and the headquarters are likely to be selected from these thirty people, or even higher, which is unknown.'"
Bi Ruxie said, "Liu Yazhou is a miracle. He is invincible in all aspects, in all the fields where he could appear in the past, officialdom, business, and love. So people often say that character determines destiny. For his fate today, he may be determined by his character."
News (10)
"Wrong opinions about the central government"! Liu Yazhou, unwilling to be lonely, stung Xi Jinping at the symposium
Image of Liu Yazhou : Web Screenshot
After being marginalized, Liu Yazhou did not silence his voice. On Christmas Day, 25 December 2018, a video of Liu Yazhou circulated on the Internet. In the video, Liu Yazhou said to the camera: "Today is Christmas. We celebrate Christmas in roadside shops." At that time, public celebrations of Christmas were basically not allowed in China. In the video, Liu Yazhou's voiceover said: "Someone criticized his friend, you read so many negative news on your mobile phone every day, aren't you afraid of a dark mind? This friend retorted and said, Xu Caihou can't help but watch Xinwen Lianbo every day, how come he doesn't see morality? What about nobleness?”
Analysts said that although Liu Yazhou no longer has the right to speak publicly after retiring, he still has not silenced himself privately. In an environment where talking too much will lead to mistakes and "unreasonable comments about the central government" must not be made, Liu Yazhou's speech on the Taiwan issue at a symposium finally angered Xi Jinping.
Bi Ruxie said: "He blatantly offended Xi Jinping. He blatantly said this at that symposium, saying that to solve the Taiwan issue, we need a great commander like Chairman Mao. But the current leader cannot do this. words. This deeply hurts Xi Jinping’s little belly.”
Bi Ruxie said that Xi Jinping would certainly not use personal grudges as a reason for rectifying Liu Yazhou. The most convenient reasons are financial issues and private life issues.
Bi Ruxie said, "The things he did in the relationship between men and women and in his private life are too numerous to describe in one sentence. So it is very easy to make him notorious among the people. Those things about Liu Yazhou they are not made up. He is greedy for money and lustful. The people on the task force said that they did not want to deal with Liu Yazhou's private life, but Liu Yazhou explained it himself as soon as he came up."
Bi Ruxie said that Liu Yazhou himself took the initiative to confess that he had an affair with seven female teachers at the National Defense University, including the "March 8th Red Flag Bearer." Bi Ruxie also said that Liu Yazhou did have financial problems.
Bi Ruxie said, "It seems that he had set up a Li Xiannian Foundation and some kind of World Peace Foundation at that time. He passed through these places and was never idle. He really did a lot of economically illegal things, and this is already a lenient treatment, even if it were ordinary people’s children, 10 heads would be chopped off.”
Bi Ruxie pointed out that these problems are of course just excuses for Xi Jinping to crack down on Liu Yazhou. The economic problems of arresting Liu Yazhou are the same as arresting Ren Zhiqiang because they pose a political threat or challenge to Xi.
He said, "This is because Xi Jinping is a power maniac. He is highly vigilant and will show no mercy to any possible, real or imaginary endangerment of his highest power position, including Ren Zhiqiang who said this was a naked person. The emperors in clothes, whether they are the second generation red generation or the children of cadres, are accustomed to talking without restraint and not knowing where the sky is the limit. The most important thing is that they have not positioned themselves correctly, whether it is Liu Yazhou or Ren Zhiqiang. They have not properly positioned themselves. That is to say, after Xi Jinping officially ascended the throne in 2012, their relationship is no longer that of friends and buddies, but should be that of a monarch and his ministers. Xi Jinping must be treated as a king, and he must be treated as a minister. Such a humble position. Neither of these two people have it, so it is foreseeable that they will be so unlucky."
News (11)
Liu Yazhou's life sentence is the same as Li Keqiang's
Liu Yazhou, the retired CCP general who is said to have been arrested and investigated, currently has the latest news that he has been sentenced to life imprisonment by the CCP military court. He is a representative figure of the princelings in the Chinese Communist Army, and initially strongly supported Xi Jinping's rise to power. Now that Liu Yazhou has been severely sentenced, does it prove that the CCP system has undergone some major changes?
News (12)
Liu Yazhou was sentenced to life for the same reason as Li Keqiang
Wang Juntao, chairman of the China Democratic Party, said in NTDTV's "Elite Forum" program that he recently learned through a friend that Liu Yazhou was sentenced to life imprisonment for nothing more than economic issues, style issues, etc. The question I was concerned about was why this news had not come out for so long. It should have been reported by the media first, but later I found out that I was the first person to report this news to the media. The second question I am concerned about is why he was sentenced at this time. What is the origin of this?
Wang Juntao said that the second generation of red people actually played a special role in Xi Jinping's big game of the Chinese Communist Party, in the process of his ascending to power and consolidating power. When Xi Jinping first rectified the Jiang faction, he actually had two emperors above him. He defeated both of them, mainly because of the support of the second generation of red. The second generation red generation is the same as Xi Jinping in this regard because the two emperors are not of pure blood. But after Xi Jinping gained power and purged these two factions, he wanted to establish a dictatorship. At this time, he began to target the second generation of red people. As far as I know, he is very ruthless against the second-generation red workers in key departments. For example, all other entrances are open to the second-generation red workers, but the security entrance is very strict. But whether this is done to Liu Yazhou because he is in a key department, we will put this aside for now, but from the perspective of knocking mountains and Zhenhu, the effect on the second generation of red is the best, allowing them to temporarily restrain themselves. But the second generation red was actually not convinced by him.
In terms of controlling the situation, the second generation of red people and the second generation of officials do not have real power. We say the second generation of officials, the children of people like Jiang Zemin and Zhu Rongji, they do not work in the Communist Party or the government, they work outside To run a private equity fund, of course, you also rely on your father's connections. For example, if Jiang Mianheng did not have Jiang Zemin, how could Taiwan's Wang Yongqing's children do business with him? In any case, the second generation of red people actually eat official meals. Just like the New York Times said at the time, 70% of the people at the helm of state-owned assets are the children of the eight elders of the CCP. This means that as long as the second-generation red generation retires, he will basically have no power.
So I think from this perspective, the second generation of red people who are the same generation as Liu Yazhou have withdrawn from the stage, and they can no longer make any big waves. Does someone like Liu Yazhou still have influence in the military? It can be said from two aspects. One is actual influence. This kind of influence is generally that if you have military exploits, everyone will respect you. The other influence is that you bring out the army. However Liu Yazhou obviously does not have any of these influences. He is a military writer and relied on his backdoor connections. Of course, backdoor connections also have a certain influence in the military, because one of the characteristics of the military is respect for seniority. If you really come from a family with seniority that everyone admires, everyone will at least be polite to you, but None of this stuff works in factional warfare.
I feel that after Liu Yazhou stepped down, as far as I know, the Li Xiannian family has become passive, and more than one person has been passive. So why bother touching Liu Yazhou in this case? We can think so, or maybe because some people have hopes for him, he may not want to do it himself, but people hate Xi Jinping too much, so they have hopes for Liu Yazhou. Xi Jinping may also be worried about this situation. Even if Liu Yazhou doesn't do it, someone will push you to do it because Liu Yazhou has a good reputation, especially in the military and political circles. Another reason is what is said in "Hou Hei Xue", I am not punishing you because you are guilty, I am just looking for a scapegoat, or in order to prevent abnormal movements in the army, I am going to get some people, such as killing chickens to show to monkeys. This is the case with Li Keqiang. I think Li Keqiang will never touch Xi Jinping, but Xi Jinping must kill him because too many people have hopes for Li Keqiang.
News (13)
Xi Jinping’s crackdown on the second generation of red people is the most severe
Shi Shan, senior editor and chief writer of The Epoch Times, said in the "Pinnacle View" that Xi Jinping has carried out a large-scale purge in the military in the past two years, especially those with second-generation red and official backgrounds. An officer with this kind of background seems not to be so strict. Therefore, some people think that Xi Jinping’s approach is to knock on the mountain to suppress the tiger and kill the chicken for the monkey. The monkey mentioned here is of course other generals of the CCP army, especially the so-called princelings or red second generation generals with this status in the army. . Liu Yazhou must have stayed at the National Defense University of the People's Liberation Army for fifteen years. From 2003 to 2017, he was originally the deputy political commissar and later the political commissar. Everyone knows that the National Defense University is a place where senior generals of the Chinese Communist Army are trained. Before and after Liu Yazhou retired, he started to form a research association, and then donated some money from various places. Now it is said that the money raised by his research association is also counted as his personal corruption. Of course, all of us know that this is definitely just a In name, there must be something else behind it.
The second generation of red people are increasingly dissatisfied with Xi, and something big will happen when it breaks out
Guo Jun, editor-in-chief of The Epoch Times, said in the "Pinancle View" that the military has its own culture, which pays special attention to feelings of compatriots and loyalty. Because on the battlefield, your life and death completely depends on other comrades who must fully trust you before you can win the battle. This is the same all over the world, not just in China. Moreover, the highest awards in the military usually reward acts of loyalty, that is, the act of rescuing comrades. For example, most of the highest medals in the U.S. military reward heroic actions such as rescuing comrades. The U.S. military often promotes that it will never leave a comrade behind. , if an army does not have this kind of thing, it is impossible to fight.
Some of the most popular novels we have seen in China before, such as "Three Kingdoms", "Water Margin" and even Jin Yong's martial arts novels, are mainly about this thing, which is very effective in reality. There are often military coups or military governments around the world, which actually rely on the tradition of the military to rule the country. I think Liu Yazhou has served in the military for a long time. From 2003 to 2017, he served as deputy political commissar and political commissar at the National Defense University for almost fifteen years. I think this kind of influence is very big. It can be said that most of the senior generals have been his students in the past twenty years. Will this lead to various kinds of rebellion against the highest level? In fact, after Liu Yazhou was arrested, the number of purges in the CCP army in the past two years has not decreased, but has increased. I think this can illustrate the problem.
Guo Jun said that the dissatisfaction in the hearts of many people may have been suppressed or hidden, but it will explode at a certain time. The question now is when it will explode collectively. This was the case during Mao Zedong's time. When Mao Zedong was around, everyone remained silent and even expressed their support for Mao Zedong. But as soon as Mao Zedong died, these people immediately took action and then supported Deng Xiaoping. Why is it successful? It was because no one in the Gang of Four was in the army. Deng Xiaoping had been in the army and was the political commissar of the second field.
Guo Jun said that Liu Yazhou's incident actually had a huge impact on the second generation of Red Generation members of the CCP. When Xi Jinping first came to power, almost all factions supported him. This was actually rare. The leftists supported him, the rightists also supported him, the Youth League faction also supported him, the bureaucracy system supported him, and the people also supported him. Among these, One of the biggest supporting forces is the second generation of red people. At that time, 400 to 500 people from the second generation of Beijing Reds gathered together, and they drafted a statement to express their support for Xi Jinping. People including Liu Yazhou, Liu Yuan, Deng Pufang, and Chen Yuan all supported him. Of course there is a reason why this group of people support him, it is because he represents the group of people who are rooting for Hongmiao Zheng, which means he represents the "Zhenghongqi". After Deng Xiaoping's reforms, the CCP ostensibly formed a so-called collective leadership mechanism. In fact, hundreds of powerful families have the power to call the shots in China, which is equivalent to having the status of hundreds of emperors. Therefore, Xi Jinping later revised the Party Constitution and the Constitution to require personal authority and to establish one authority, which is equivalent to downgrading these "red flags". Of course, these second-generation reds will not work. Now they cannot even be ministers. They do not talk much about national affairs. They are not allowed to discuss government affairs or the central government. Of course, these people are even more dissatisfied. Their power has been lost, their interests have been lost, and their status has been lost. Of course they were very unhappy. Some of them can only complain, and some of them are really colluding to change the situation. This is not groundless. It is true that many people within the CCP are collaborating to turn the situation over.
Guo Jun said that basically all the second generation red generation have fallen out with Xi Jinping. Those who are promoted by Xi Jinping will not be considered if they have the background of the second generation red generation or the second generation of officials, especially within the military. We know that Li Shangfu and Zhang Youxia are the second generation of red people. Being investigated or seized of power will actually have a great impact. This group of people has great political energy, so it is difficult to guarantee that nothing will happen in the future, and if something happens, it will definitely be a big deal.
News (14)
Will she join the Politburo? Peng Liyuan’s role in Chinese officialdom has attracted increasing attention
The role of Xi Jinping’s wife, Peng Liyuan, in Chinese officialdom has come under increasing scrutiny. March 24 is the World Tuberculosis Prevention and Control Day. On the 24th, the National Health Commission rarely released a graphic, text and audio and video report on the homepage of the official website of "Peng Liyuan investigates grassroots tuberculosis prevention and control work in Changsha, Hunan".
According to a press release on the website of the National Health Commission of China, "Recently, Peng Liyuan, the World Health Organization's Goodwill Ambassador for Tuberculosis/AIDS (called "AIDS" in Taiwan) prevention and treatment, investigated grassroots tuberculosis prevention and control work in Dongjing Street, Yuhua District, Changsha, Hunan. Deputy Director of the National Health Commission Wang Hesheng, Director and Director of the National Administration of Disease Control and Prevention, and Zhang Yingchun, Member of the Standing Committee of the Hunan Provincial Party Committee and Executive Vice Governor, participated in the research activities."
According to a recent report by Xinhua News Agency, Xi Jinping, accompanied by Hunan Provincial Party Committee Secretary Shen Xiaoming and Governor Mao Weiming, visited Changsha, Changde and other places from 18 to 21 March 2024. A video from the National Health Commission of China shows that Peng Liyuan inspected tuberculosis prevention and control work in Changsha on March 20. Therefore, it is estimated that Peng Liyuan came to Changsha with Xi Jinping.
The press release stated that Peng Liyuan and her party first came to the Yuhua District Health Education Center, and then visited the grassroots medical workers at the Dongjing Street Community Health Service Center, learned about the management of grassroots tuberculosis diagnosis and treatment services, and met with tuberculosis rehabilitation workers who came for health consultation. Patients, children waiting to be vaccinated, and parents communicated cordially to learn about tuberculosis prevention, treatment, rehabilitation and other related conditions.
On 24 January 2024, Xinhua News Agency also reported that Peng Liyuan met alone with Mirziyoyeva, the wife of the President of Uzbekistan, in the afternoon of that day. Judging from past public information, it is very rare for the wives of successive Chinese presidents to meet with foreign guests alone, and Peng Liyuan has participated in China's foreign affairs work many times in the past few years.
In December 2023, during Xi Jinping’s state visit to Vietnam, Peng Liyuan, accompanied by Ngo Thi Min, wife of General Secretary of the Communist Party of Vietnam Central Committee Nguyen Phu Trong, visited the Vietnam Women’s Museum and Hanoi National University.
On 28 September 2023, the UNESCO Girls' and Women's Education Award Ceremony was held in Beijing. Peng Liyuan also attended and delivered a speech as UNESCO's Special Envoy for the Promotion of Girls' and Women's Education.
In mid-September 2023, Peng Liyuan also met with Zambian President Hichilema's wife Mutinta, who accompanied Zambian President Hichilema on his state visit to China.
Image : The picture shows Peng Liyuan investigating tuberculosis prevention and control publicity work at the Yuhua District Health Education Center in Changsha. The National Health Commission calls her Professor Peng Liyuan in the caption. (Taken from the official website of the National Health Commission of China)
News (15)
Krugman: The Chinese Communist government will destroy China
Krugman, the youngest winner of the Nobel Prize in Economics in history, who has successfully predicted the Asian financial crisis, the Enron incident, the failure of Bush's tax cut policy, the Iraq War, the California energy crisis, the process of economic globalization, etc., was recently publishing a series of articles on The New York Times slandering CCP China, shocking the world and dumbfounding Chinese intellectuals.
Krugman believes that CCP China will fall into the trap of moderately developed countries and become an unfortunate country like Argentina, Myanmar, and South Africa. It is about to become developed but unfortunately it continues to fall short, and then fails to recover. Alas, the Communist country has a promising future but is in a dilemma. Krugman believes that CCP China's economic difficulties are caused by inevitable mistakes in the country's system and policies. Although the government has introduced more policies to try to correct it, the results have become darker and deeper, and eventually it is a mess that is beyond control. This is a trap dug by the Chinese Communist regime for itself, allowing the government to fall into it. Krugman believes that the serious problems caused by the Chinese Communist government will be resolved by the Chinese people, and the economy will remain sluggish for a long time.
Goldman Sachs predicts that China’s economy will fluctuate around the 4% line for a long time. 4% is already high enough for European countries that have already entered into high welfare state. However, for China, 4% is obviously not enough. Because China's retired population has expanded 15 times since the beginning of reform and opening up, and continues to expand. It has reached 300 million, compared with less than 20 million 40 years ago. Pensions face a huge shortfall. The Chinese Communist government is at a loss as to how to fill the gap and has no solution.
The previous government made a historic move to abolish agricultural taxes and implement cooperative medical care. The people place their hopes on this government for free education, free medical care, and free elderly care. The public voices are getting louder and louder, but the government has always pretended not to listen. What does he get for free? CCP China's tax revenue is already the largest in the world, fully four times that of India, which has the same population. Taxes can no longer be raised, otherwise entrepreneurs will be forced to jump off their buildings. Tax cuts are a global trend, while tax increases mean business closures. If there is no tax increase, what is free? If it is not free, what will the people spend on it? Stimulating consumption and stimulating the economy is not just empty talk. This is a knot that the Chinese Communist government has tied up in itself and cannot be untied by itself. What the government should do is public welfare, but the Chinese government refuses to do it. Instead, it goes to business, invests, and makes money for itself. Guizhou, China, has always been a backward region in history, and the local government is going crazy. Set up some kind of "urban investment company" yourself and build 30,000 bridges in 10 years. The total number of bridges built in Guizhou since its establishment has not exceeded 3,000. Why do 30,000 bridges suddenly appear? In economically backward provinces, there are few cars running and everything is left idle. It's like a child's feet haven't grown yet, and her mother makes 30,000 pairs of shoes in one go. Isn't this a joke? President Reagan said: "Government cannot solve problems; government can only create problems." The Guizhou Provincial Government is the number one culprit in creating problems for Guizhou Province. There is no forgiveness for all evil.
What does an entrepreneur do? Entrepreneurs are "professional resolvers of all social crises." China talks bad about the United States every day. In fact, Americans themselves talk bad about themselves all the time. The concept of "rising in the east and falling in the west" was not proposed by China's Zhang Weiwei, Hu Angang, Jin Yinan, and Jin Canrong. The Americans proposed it as early as the 1950s when the Cold War between the United States and the Soviet Union began. But has the United States declined? Has it set in the west? Why has the U.S. economy experienced a soft landing recently? Because the U.S. economy is not decided by the U.S. president, but by American entrepreneurs. American entrepreneurs resolve crises just like pepsin resolves food, or dung beetles on the Australian prairie resolve cow dung. Therefore, there will never be a stupid thing like a poor state building 30,000 bridges in 10 years in the United States. Entrepreneurs need to settle accounts and figure out how to get back the money they invested. He wants investigation, war games, and mathematical modeling. If the result of the deduction is that it cannot be recovered within the predetermined time, the entrepreneur will refuse to invest, and the crisis will be avoided? Why doesn’t the United States still have high-speed rail? Is it because the United States has no technology? Obviously not. Not that I can't, but that I really don't want to. The U.S. government would not even dare to think about building high-speed rail. Because this is market behavior and entrepreneurs have the final say. If you can make money by practicing it, you should have practiced it long ago. After repairing the losses, which idiot entrepreneur would be willing to repair them? The United States has 300 million people, 30,000 airports, and 280 million cars. Flying long distances and driving cars short distances. Why build high-speed rail? If you practice it, you will definitely suffer losses, so you won’t practice it. The traditional railways in the United States are used to transport goods, but they have long stopped transporting people. The United States does not have high-speed rail. It is not because the United States is lagging behind, but because American entrepreneurs say "no." China's high-speed railway ranks first in the world, but it suffers a huge loss, and the people of the country quietly resolve it. Even if you have never taken the high-speed rail once. The Chinese people use their rights such as free medical care, free education, free pensions, paid vacations and many other rights to pay for the Chinese government's decision to build high-speed rail. Entrepreneurs say: "You can't build high-speed rail, it's a loss-making business." This is in the United States.
The government's job is to be the referee and set the rules. The government cannot invest in projects. Whether the railway is repaired or not is a matter of reckoning. This is market behaviour, not political gambling. However, in CCP China, all high-speed rails are built by the government. It has become a heavy burden for the entire Chinese people. Entrepreneurs are the ones who resolve the economic crisis. However, the development of China's economy, excluding entrepreneurs, is the final decision of the Chinese government. Calculate political accounts and ignore economic accounts. Goldman Sachs Group believes that the Chinese government's economic decision-making is very naive and child-like.
CCP China's real estate in 2023 will drop 59% compared to 2021 projects. Investment fell by 9.6%, and house prices fell in 89% of cities. China's deflation in 2023 will fall to the levels of 1999 and 2009. As of the second quarter of 2022, total credit in China's non-financial sector reached US$51.8 trillion, and China's debt was 295% of GDP, the highest level since 1995. China's stock market fell to its lowest level in 19 years, and the government can no longer come up with new stimulus measures. Some people have suggested injecting 2 trillion yuan (about 270 billion U.S. dollars) from the national treasury to activate the stock market. This means continuing to nationalize the economy, since the acquired shares will be owned by the state. This is drinking poison to quench thirst, with endless consequences.
China's foreign trade continues to deteriorate. In 2023, China's imports and exports will decline at the same time. Exports fell by 4.6% to US$3.4 trillion; imports fell by 5.5% to US$2.6 trillion. This is the first decline in exports since 2016. China's trade surplus also fell by 6.2% to $823.2 billion. Sino-US trade volume fell by 11.6% year-on-year, exports fell by 13.1%, and imports fell by 6.8%. As far as the EU is concerned, trade volume fell by 7.1%, exports fell by 10.2%, and imports fell by 0.9%. The only country with a significant increase in China's trade volume in 2023 is Russia. This is a sinful and bloody "trade". Without this so-called "trade", the Russia-Ukraine war would not last a day. Moreover, the gains from this growth and the punishment from European and American countries are not worth the losses to China.
President Reagan said that between the government's own interests and the interests of the people, no government will favor the people. China's fiscal support reaches 80 million people. The first thing the Chinese government must consider is the interests of these 80 million. It spends 48% of the fiscal budget and invests only 12% in education. India's population has exceeded China's by 1.1 million, but its financial support staff is only 18 million, which is 1/4 of China's. India's fiscal revenue is about 230 billion US dollars per year, while China's is 3.1 trillion US dollars, 75 times that of India. It is surprisingly impossible to allocate part of it to provide three exemptions. Why? It's not that I can't, but I don't want to.
The latest report released by the International Monetary Fund (IMF) in 2024 predicts that, taking into account the real estate crisis, declining fertility rate, and accelerated population aging, China's economic growth rate will continue to decline, and the economic growth rate will decline to 3.5% in 2028. Without a growth rate of more than 4%, it is simply impossible to maintain normal operations.
Goldman Sachs believes that the economic literacy of the leaders of the Chinese Communist Party is too poor, and they make repeated mistakes in decision-making, which are all embarrassing. This evaluation cannot be wrong, but it is not very correct. It is this political system and economic structure that determines that the Chinese government does not know its own role, that is, it does not know what it does for a living, does not do public welfare, and replaces entrepreneurs every day, leaving its own business. All the money that should be used for people's welfare is invested in enterprises and all is lost. What a stupid government it would take to do this! It's like taking stimulants to improve competition performance. The effect was obvious at the beginning, but the marginal utility became worse and worse, and eventually the athletes were killed. During China's currency reform in 1956, M2 was only 17.5 billion yuan, and it will reach 300 trillion yuan in 2023, an increase of 17,143 times. To develop the economy, the Chinese government does not only print money, but also prints money. It is really a waste of money. The issuance of 4 trillion yuan in 2008 was effective. The issuance of 56 trillion yuan in 2023 not only failed to achieve the expected economic climax, but actually did the opposite and caused deflation. This is the "diminishing marginal effect" in economics, just like taking stimulants to improve sports performance. At first it was effective to take one pill, but then it had no effect after taking a handful.
You always have to pay back when you go out to hang out. The Chinese government (CCP China) has been around for 75 years, running rampant and doing whatever it wants. It's time to pay it back. It’s just that the Chinese people have to suffer.
——Alas, China!
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