China related news updates this week

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Xi plans to invade Taiwan to divert attention. Xi is all on his own. Capital keeps outflowing.

The political situation inside CCP is very tense now. The political battle among Zeng Qinghong, Wang Qishan and Xi Jinping has reached mid-stage.

Recently, it has been made clear within the CCP that it is necessary to win the battle of the origin of Covid-19. CCP wants to induce the U.S. to recognize that CCP is not responsible for the virus whether it leaked from the Wuhan lab or came from nature.

CCP wants the U.S. to endorse it at the price of promising in private to compromise on anything.

At the same time, CCP is preparing to invade Taiwan if the U.S. doesn’t cooperate.

CCP is ready to sacrifice 500 thousand PLA “Wolf Warriors” to bring down the current US administration and crush the US economy.

CCP wants to divert the attention of the world to the Taiwan and South China Sea battles.

It indicates that CCP knows that the truth of coronavirus will kill its life. CCP wants India to surrender completely, wants Japan and Australia to feel afraid. CCP wants the US to fear holding CCP accountable for this virus.

CCP will do everything it can to forbid investigation about the truth of coronavirus, and of course, will not give you the cure.

When this strategy was made out, Xi is all on his own. All Standing Committee members of the Central Committee of CCP fled away.  Only two men, Tiger Yang and Wang Yi, who are trusted by Xi, still follow him in Zhongnanhai.

Everyone who reports to Xi from the Ministry of Foreign Affairs and the financial system knows that they cannot tell the truth.

The forbidden truth includes China Minsheng Bank, Xu Jiayin’s Evergrande Group, China Merchants Bank, Ping An Insurance, and especially the current economic situation in Hongkong. Everything was covered up.

Now Xi has two cards left in his hands. One is the army which he is granted to control by law.

The other is to attack Taiwan. However, what if the army doesn’t obey him? He believes that America will not strike Beijing when he attacks Taiwan. But is that right?

What is the current state of China’s economy? Just in March alone, more than 100 billion funds fled to Canada.

In the following first two weeks in April, more than 60 billion fled to Canada again. Capital is outflowing.

The more important thing now is the virtual cryptocurrency, including our Himalaya Coin. A large amount of money has been spent on buying Himalaya Dollar. It implies that the rich people are fleeing, and the powerful people are trying to hide their money.

This is the omen of the collapse of any dynasty.

By Miles Guo
Translated by G-TV team from Guo’s Getter

The CCP has made most of wealthy people in China emigrate overseas

Bain & Company’s research report found that of the 20,000 wealthy Chinese with investable assets of more than 100 million yuan, 27% have immigrated, and 47% are considering immigrating. The immigrant ratio of the super-rich is as high as 74%, which is really an amazing world record.

If you really believe that Communist China is the “fastest-growing” and most “energetic” country in the world and hope to become a global leader in the 21st century, and you have already made yourself a very rich and influential person, then you should be more than happy to stay in the country and the economy with satisfaction firmly.

However, a recent set of research reports on the wealthy class in China has reached a surprising conclusion. The report shows that among China’s high-net-worth individuals who have investable assets of more than 10 million yuan, 14% have immigrated overseas, and another 46% are in the process of immigration. When the latter completes the immigration procedures, 3 out of every 5 wealthy Chinese will be a person of foreign nationality.

All the wealthy people in China have invested 55 trillion yuan (US$9.1 trillion) overseas. When Chinese currency is difficult to exchange and the government still maintains strict foreign exchange and capital controls, it is another jaw-dropping fact that such a huge amount of private capital flows overseas.

What is more important than these numbers is the reasons behind the large-scale emigration of China’s wealthy people. Economic income and situation clearly cannot fully explain the leading factor of their emigration behavior. Investigations by professional institutions and social observations show that the main factors driving the wealthy people to emigrate include the following.

  1. legal risks

The CCP’s legal system is still imperfect, private property has little protection. The lack of judicial independence and ubiquitous corruption have created a strong sense of insecurity among the wealthy in China. The rich are always a well-informed and active group of people. One good example is that in Communist China, state-owned enterprises are controlled by a privileged class. It is difficult for the government to levy taxation on them, instead, the government has been distributing subsidies to them every year. Thus, enterprises that are not owned by the privileged class will fall to the victim as the target for the CCP to plunder. Because of this fear, a great number of capitalists in China will transfer their assets abroad. If the CCP has a competent legal system, and private asset is protected, the wealthy class would not need to have this kind of fear.

2. High taxation

The CCP has the highest tax rate at 45%, one of the highest in the world. It is not only higher than Hong Kong and Singapore but also higher than the United States and Canada, which are the most popular immigrant destinations for China’s wealthy people. Although there are ways for tax evasion, for many wealthy people, this is not a reliable strategy. Immigrating to a country with a low tax rate is a safer and more permanent arrangement.

3. Education

Traditionally Chinese values children’s education a lot. More and more people realize that China’s current education system is too rigid and stressful, while neglecting the cultivation of students’ creativity and overall quality. The education models of first-class private boarding schools and higher education institutions in the United States, Britain and other countries are very attractive to the wealthy families in China. It is an important motivation for them to emigrate as their children will enjoy the freedom and good education.

4. Medical condition

The CCP’s public medical system has many drawbacks. If low-income people in China complain about “difficult and expensive medical treatment,” Chinese high-net-worth people are lack of confidence in the quality and reliability of existing medical services.

5. Environmental degradation

The deteriorating environmental problems behind China’s rapid growth, especially air pollution and water pollution, have posed a serious threat to people’s lives, health, and quality of life. A large proportion of wealthy Chinese emigrates because they can no longer tolerate the environmental quality of their country.

Those five factors are some of the main driving forces behind Chinese wealthy people choose to emigrate overseas. But the most important reason is the CCP is accelerating its own demise. The evil policy of Family Planning has greatly damaged both the CCP and China as a nation. The demographic structure is completely out of balance. Young people will not be able to afford social insurance and old people will not be supported by social welfare. The CCP’s “rapid growth” process came at the cost of plundering and destroying the environment of generations of Chinese people.

Its recent aggressive foreign policy has isolated the Chinese Communist Party from the international community. Under the leadership of Xi Jinping, the CCP will completely disintegrate earlier than expected. No one wants to bet his future on a party that is about to be destroyed.

By The-world/Himalayas Farm Spain

CCP is the biggest foreign policy challenge facing America, says Blinken

US Secretary of State Antony Blinken talked with 60 Minutes this week. He told 60 Minutes that China is the biggest foreign policy threat facing America and it threatens the rules-based international order. The CCP has been acting aggressively both domestically and abroad in recent years. They have violated the commitments they made to the UN. America is going to stand up to any threats which are challenging or undermining the international order.

The Chinese government has violated its commitment to preserving the democracy of Hongkong until 2047. It is hard for Hongkong to sustain itself as an economic and financial center under current conditions. This administration will take actions including sanctions against those directly responsible for quashing democracy in Hongkong, including making sure they can’t travel to America.

U.S. Secretary of State Antony Blinken held a meeting Monday in London with the foreign ministers of Japan, South Korea, and Brunei, who were also invited to the G7 summit.  After the meeting, the U.S. and Japan said they agreed to continue working toward a free and open Indo-Pacific region, strongly opposed China’s unilateral attempts to change the status quo in the East and South China Seas, and emphasized the importance of peace and stability in the Taiwan Strait.

Australia Must Prepare for War: says Home Affairs Secretary

Australia’s Major General Adam Findlay said that the Communist Beijing government is already engaged in “grey zone” warfare against Australia. Australia must plan for the high likelihood this may spill over into actual conflict in the future.

We always point out, firmly, that the CCP does not represent the Chinese people. They are largely indoctrinated, bullied, and oppressed by the CCP. But President-for-life Xi is several degrees-of-crazy beyond even the mainstream crazy of the CCP. This psychopathic creature has become completely untethered to reality. He is becoming isolated even within the CCP and appears to be depending largely on only two confidantes Yang Jiechi and Wang Yi. He will certainly go down in history alongside Hitler, Stalin and Mao as the most aberrant bully.

One thing has become abundantly clear in the first quarter of 2021, the CCP only has one default setting: bully, bully, bully. He is now a one-man wrecking crew. Threatening the EU, Japan, Sweden, India, the Philippines, Vietnam, Malaysia, Brunei, Indonesia, New Zealand, the US, even the most cooperative, meek even, Canada is being bullied. Let’s not forget Australia – one of the most directly bullied nations in the world is Australia. And why is this? Because Australia seems to be the one nation that has a spine. The one nation in the world which is fighting back.

Australian Home Affairs Secretary Michael Pezzullo said that “while Australia should always search for peace, it must also be prepared to send off our warriors to protect our precious liberty”.

Pezzullo continued: “by our resolve and our strength, by our preparedness of arms, and by our statecraft, let us get about reducing the likelihood of war – but not at the cost of our precious liberty. War might well be folly, but the greater folly is to wish away the curse by refusing to give it thought and attention as if in so doing, war might leave us be, forgetting us perhaps“.

Courageous words.  He sounds like a Churchill, not like the Chamberlain-Esque leaders of most western countries these days. Mr Pezzullo is a statesman to watch.

Former Australian Defence Minister Christopher Pyne recently warned Australia could be thrown into a military conflict with China in a matter of years. Mr Pyne said war may be inevitable with the authoritarian state as it becomes more aggressive and belligerent with its neighbours. “Five years ago, I would have said that the possibility was very unlikely – now I would have to say that the possibility is more likely than it was then”, he said in a speech at the University of Adelaide.  He emphasized that this is a real possibility in the next 5 years.

Himalaya Maple Leaf Farm, Liberte

Edited by staff

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