China’s Fake Economic Reports: Trade Surplus Sextuples, Even Kids Can Tell

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Amidst the economic downturn and pervasive gloom in China, the Chinese Communist Party's methods to sustain economic growth seem to have been reduced to fabricating data and silencing dissent. This involves maintaining an illusion of prosperity through falsified statistics, coupled with extreme control over public discourse to suppress any questioning voices. Commentators have ironically referred to these as the two magic weapons currently employed by the CCP echelons to combat economic recession.
#chinaeconomy #chinaobserver
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You can’t fix what you can’t acknowledge

kensmith
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The end of this (claiming that if China befriended the U.S., things could greatly improve in 3 years) is wildly unrealistic. The threat to invade Taiwan, the absurd 'Nine Dash' claim to alost the entire south China sea, the naval blockading of the Philippines and Vietnam from fishing in their own waters and accessing their own islands, the sheer scale of intellectual property theft, the blatant violation of Hong Kong's 'one party, two systems' agreement, the 'wolf-warrior demeanor in many meetings and public announcements, the 'State Owned Enterprises (SOE) with their government subsidies leading to unfair trade practices, and the general dystopia of massive surveillance and 'social credit' scores - collectively offset any simple attempt to 'befriend'.

gregparrott
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You should definitely spend more time on fake economic numbers from China. Companies and investors are very ingorant about this.

blakemann
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The old Chinese saying “ can’t wrap fire with paper”.

hunggiang
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May all sentient beings be liberated from suffering and from the causes of suffering.🕉☮️☮️☮️

ramseydoon
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The CCP Custom can manipulate export data. But it cannot manipulate the containers ship traffics out of the Chinese ports !
The cost to ship a 40 feet containers from China to the United States West cost is in free fall : down to USD$1460 from a peak of USD$16, 000 in January 2022!

lambertois
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Boycott anything made in China! Try to buy made in Philippines, etc.

JohnKwasnik
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A young fellow shows up at his parents home in the country. "Hi Mom, Guess what? My company is doing so good that they gave me a long vacation. Unpaid of course, so here I am. Hows the farm?"

PeterNebelung
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You can't censor out the reality of shrinking economy when people don't have jobs or are paid less (even civil servants). This is great leap forward 2.0 "just hide the famine" levels or irresponsibility

chinesesparrows
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China needs a leader who can read a book.

ronaldmarcks
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Trying to fake it 'till they make it is what got them into this mess. I don't think constantly doubling down is going to pan out the way they hope.

blarghchan
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Yes why won't the Chinese government be genuine with the rest of the world. It might improve the people's lives.

DawnLi-iwqb
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If you threaten to take over the south China sea, that will make your trading partners want to do more business with you for sure.

bobruda
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The youth unemployment rate is reaching levels similar to the Great Depression

RushimaV
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Why cant they just like try and be civil with theyr ppl cmon cant they see how dangerous that will effect theyr economy

TND
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the nation needs to revolt against its own government

dxer
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Love your Country Neighbors is the Secret of Economic Prosperity.

zoolooist
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Anyone presenting contrary data will be held accountable for making people feel uneasy! /irony

silverbird
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*GASP!!*. So you’re telling me the CCP is doctoring the numbers? Oh my…

sulblazer
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At 1:39 note what is on the computer screens. Most are blank but for one fellow's in the front

billknudson