Home » [Elite Forum]After the closure of the city, the government’s credit collapsed | Epidemic prevention cleared | China’s economy | CCP economic data

[Elite Forum]After the closure of the city, the government’s credit collapsed | Epidemic prevention cleared | China’s economy | CCP economic data

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[Elite Forum]After the closure of the city, the government’s credit collapsed | Epidemic prevention cleared | China’s economy | CCP economic data

[TheEpochTimesJune192022]After a two-month lockdown unseen in a century, Shanghai was announced to lift the lockdown on June 1. However, the lives of the people, the operation of enterprises, and the departure and retention of foreign capital may not be able to return to the track of the past; the already fragile credit system of Chinese society has been impacted by the crisis of the lockdown and is beginning to disintegrate; and the power struggle at the top It is not expected to be suspended with the so-called unblocking of Shanghai. On the contrary, with the approaching of the Beidaihe Conference, it is expected that the CCP’s high-level power struggle will become more intense around the two routes of epidemic prevention and stabilizing the economic market. Avoid getting caught up in an even bigger upheaval.

Earlier this month, a popular New York Times article titled “Relief, Reunion, and New Anxieties: What It Means to ‘Return to Normal’ in Shanghai” discussed the 25 million residents of Shanghai after an eight-week lockdown ended. status quo. According to the introduction of the article, the closure of the city has a great impact on businesses in Shanghai. For some small and medium-sized garment factories, it may take two months for the factories to resume normal production. Other businesses have mentioned that the current logistics is still greatly affected. Even if the lockdown is lifted, the lack of raw materials will affect the production of the factory. In short, from a macro perspective, Shanghai will not return to the past in a short period of time.

According to the official economic data released by the Communist Party of China on June 15, in May this year, the added value of China’s industrial enterprises above designated size increased by 0.7% year-on-year, reversing the 2.9% decline in April. However, China’s service industry production index fell by 5.1% year-on-year in May, and retail sales of consumer goods fell by 6.7% year-on-year. The survey-based unemployment rate fell to 5.9 percent from 6.1 percent in April, still above China’s official target of less than 5.5 percent this year. In particular, the surveyed unemployment rate in 31 major cities rebounded to 6.9%, the highest on record. A Reuters report on June 15 pointed out that China’s factory operations have improved, but consumption and employment data have shown that the economic recovery is weak, and the current strict epidemic prevention policy is still dragging down the economy.

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According to the official website of the Shanghai Municipal Bureau of Statistics on June 17, the total output value of Shanghai’s industrial enterprises above designated size decreased by 27.6% year-on-year in May, and the export delivery value of industrial enterprises fell by 19.6%.

Mr. Song, a Shanghai-based entrepreneur living in the United States, recently told NTDTV’s “Elite Forum” program that many Chinese companies are moving to Southeast Asia and South America. More than 90 percent of the products come from China, and now there are gradually some products from South America, Vietnam, India, and many products from other countries, and the industrial chain has begun to disperse.

Mr. Song said that the current collapse of China’s economy is irreversible, because the relocation of an enterprise or the relocation of a headquarters may lead to the rupture of the entire industrial chain. It will be very, very difficult for you to restore the industrial chain in the future. It could take decades.

Mr. Song said that he had lived in Shanghai for more than 50 years. Through such a city closure, he felt that Shanghai people had completely come up with some subversive ideas, because they felt that living in China and even living in Shanghai would involve On the issue of life and death, they have now felt that the propaganda of the CCP may be false. Now many Shanghai people plan to flee, and Shanghai people who go abroad do not plan to return to China.

Mr. Song pointed out in particular that he believes that Xi Jinping’s so-called closure of the city is planned, and its most important purpose is to completely eliminate privatization and let these enterprises die naturally. Mr. Song said that many of his friends are doing business in China. Now that Shanghai has been closed for two months, many companies may have broken their capital chains and many industrial chains. Now they need to restore these industrial chains. Or the capital chain is unlikely. Most of the private enterprises have actually reached the brink of collapse, and some have completely collapsed.

Dr. Yang Jingduan, an American integrative psychiatrist, pointed out in this episode of “Elite Forum” that the closure of the city in Shanghai threatens people’s lives and freedom, seriously traumatizing the spirit of Shanghai people, and leaving memories on people’s minds and bodies. , will never be wiped out, which will have a long-term impact on the future of Shanghai and the future of China.

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Dr. Yang Jingduan said that in order to survive, many Chinese suffer from Stockholm Syndrome and have many inexplicably good feelings towards the government and the Communist Party. In addition, the Chinese have also experienced a lot of post-traumatic stress syndrome, so they stay away from politics and the government, and they are very afraid. But this closure of the city immediately threatened his survival, because there was no job, no salary, no food, and nowhere to go to see a doctor. This directly threatened his existence and his freedom. Then his tolerance has reached the limit.

Dr. Yang Jingduan also said that the closure of Shanghai this time has exacerbated the decline in China’s birth rate. If everyone’s basic living conditions are restricted or even endangered because of the extreme lockdown measures, it is hard to imagine that people are willing to bring a new life into this world, or build a family under such uncertain factors .

The decline in the fertility rate of China’s population is making the demographic dividend of China’s economic development disappear, which will also exacerbate the withdrawal of foreign capital. In addition, Chinese society itself is also facing a complete collapse of social trust, which will bring about a more serious crisis of internal domination .

Mr. Shi Shan, the senior editor and chief editor of The Epoch Times, commented in this issue of “Elite Forum” that the Shanghai government will leave the city’s closure to the neighborhood committee after the lockdown is lifted, which will cause a serious crisis of confidence. One is that the trust relationship of the people in the government has collapsed, and there are also two layers of relationships that are also collapsing, one is the relationship between the local government and the central government, and the other is the relationship between the Shanghai grassroots government and the municipal government. Because the people in the neighborhood committee will want to say, these iron railings, etc., these various blockade measures, obviously you asked us to do this, you should throw the blame now and put the pressure on our level, after that how should I do it? When you give an order in the future, shall we execute it or not?

Mr. Shi Shan said that on the eve of the deconstruction of any society, there is a crisis related to trust, and in the process of deconstruction and collapse of all such autocratic systems, it must start from the grassroots level, including When the Qin Dynasty collapsed, it must have been someone like Liu Bang, the director of the local police station’s public security bureau, who started the problem, and it must have started at this level.

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Mr. Shi Shan also pointed out that the Wall Street Journal published an article saying that the CCP is now in a dual-track system. So in the end, we must come to a conclusion in the short term, otherwise, the social tear in China will start to tear from them, and it will be completely doomed. Mr. Shi Shan said, I think the CCP is now heading in the direction of doom, because it is very simple. The two sides are absolutely a contradiction like a zero-sum game. How to solve this contradiction? If there is not a high degree of unity and coordination within the party, this problem will probably be solved in Beidaihe.

The Beidaihe Conference is an office vacation meeting held by the CCP every summer in Beidaihe Resort, Qinhuangdao, Hebei. On May 15 this year, the General Office of the Central Committee of the Communist Party of China issued the “Opinions on Strengthening the Party Building of Retired Cadres in the New Era”, requiring retired cadres and Party members to strictly abide by the Party’s discipline and rules, and not to arbitrarily discuss the major policies of the Party Central Committee and disseminate political Sexually negative remarks. Many previous comments believed that this was because Xi Jinping issued a public warning document in advance in order to prevent him from being besieged by the CCP elders who opposed him at the Beidaihe Conference, which means that the internal power of the CCP’s high-level officials has become publicized and heated.

The new TV program “Elite Forum” launched by NTD and The Epoch Times is a high-end TV forum based on the Chinese world. An in-depth look at historical truth.

This issue of “Elite Forum” focuses on the sequelae of Shanghai’s closure model, and discusses the impact of Shanghai’s closure on China’s political and economic situation, as well as a series of serious social problems caused by it. All content, please watch online.

“Elite Forum” production team

Responsible editor: Li Hao#

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