[Epoch Times, April 9, 2022]On April 8, Li Keqiang presided over a symposium of economic situation experts and entrepreneurs, repeating that “some unexpected factors exceed expectations, bringing greater uncertainty and risk to the smooth operation of the economy. Challenges”; he also said that it is necessary to “guarantee the orderly operation of backbone networks such as main transportation lines and ports”; research and support “consumers who have difficulty in repaying loans affected by the epidemic”, “stabilize foreign trade and foreign investment”, etc. Li Keqiang’s eagerness to hold a symposium to tell the truth shows that the Chinese economy is suffering a severe blow, and the CCP is helpless.
The noisy CCP’s two sessions are in vain
At the two sessions of the Communist Party of China a month ago, thousands of people had a discussion, and of course they mainly sang praises. A month later, probably the same group of people was called for a discussion again. Obviously, the two sessions a month ago were in vain. The economic situation is urgent, and Li Keqiang has to rush to hold another symposium.
On April 6, Li Keqiang presided over an executive meeting of the State Council, saying that “the complexity and uncertainty of the domestic and foreign environments have intensified”, “some exceeded expectations”, and “new downward pressure has further increased.”
The CCP’s insistence on “clearing” the epidemic has had a significant negative impact on the Chinese economy, and Li Keqiang has shown helplessness. Two days later, Li Keqiang held a symposium to continue revealing details.
This time, Xinhua News Agency could no longer avoid Li Keqiang’s words, and directly reported that, “Li Keqiang said,” “The current world situation is complex and evolving, domestic epidemics have recently occurred frequently, and some unexpected factors have exceeded expectations, bringing greater uncertainty to the smooth operation of the economy. nature and challenges”; “take the initiative to overcome difficulties”; “research and prepare new plans”.
This means that the government work report that has been deliberated at the two sessions of the Communist Party of China will not work after a month. It can be said that “the plan has not changed quickly.”
The report also said, “Li Keqiang pointed out,” “At present, some market players, especially small and medium-sized enterprises and individual industrial and commercial households, have many difficulties and great pressure.”
However, Li Keqiang also knows that most of the employees of industrial and commercial enterprises under the closure of the city are actually unemployed and cannot stabilize their employment. Therefore, Li Keqiang had to say, “strengthen employment services for college graduates and support employment through entrepreneurship.” It can be seen that Li Keqiang knows that a large number of graduates in the past two years have not found jobs at all. Seeing that there will be more than 10 million graduates in 2022, many people can only “start their own businesses”.
Food crisis is getting real
Li Keqiang also said, “It is necessary to do a good job in spring ploughing production during the agricultural season, and do a good job in ensuring the supply and price of agricultural products, especially special varieties.”
This shows that the price of agricultural materials is rising, and farmers are about to suffer again. On April 1, Hu Chunhua, Vice Premier of the State Council of the Communist Party of China, said at the National Corn and Rice Production Promotion Conference, “Corn is not only an important ration, but also an important source of feed and a raw material for many industrial products, and there is currently a certain gap between production and demand”; The areas where the corn area has declined more in the past few years should speed up the recovery,” and “strive to stabilize the corn area and production at the level of last year.”
Hu Chunhua’s remarks pierced the lies of the CCP’s propaganda of a bumper harvest year after year. In a hurry, it seems that it is not just Li Keqiang who is telling the truth.
Hu Chunhua also said, “Effectively strengthen meteorological security services, do a solid job in flood control and drought relief and agricultural disaster prevention and relief, and minimize the losses of flood and drought disasters.”
This shows that the major floods in the past two years have had a considerable impact on grain production, which should be the real reason for the CCP to import a large amount of grain. The Russian-Ukrainian war has led to soaring global food prices. While the CCP supports Russia, it has to spend money unjustly.
Hu Chunhua finally said, “We must do a good job of ensuring the supply and price of agricultural materials such as fertilizers and pesticides.” This coincides with Li Keqiang’s statement that the price of agricultural materials is indeed rising, and farmers can never get out of the vicious circle of rural poverty created by the CCP for a long time.
The epidemic “clears” and forces the economy to shut down
Li Keqiang also said that it is necessary to “guarantee the orderly operation of backbone networks such as main transportation lines and ports, study and adopt targeted measures in terms of serving truck drivers, alleviating the difficulties of freight operators, and reducing logistics costs, so as to promote the smooth flow of international and domestic logistics, and maintain the industrial chain. supply chain stability”.
Li Keqiang did not explicitly state the impact of closing cities and roads, nor the real reason for the port blockage, so he had to make a general request, but such a request cannot be implemented at present. Li Keqiang also pointed to the plight of freight drivers, who have artificially cut off supply chains and logistics systems, forcing the economy to shut down.
Li Keqiang also emphasized that it is necessary to help “retail, catering, tourism and other industries closely related to consumption”, and also said that “for consumers who consume durable consumer goods and have difficulty in repaying loans due to the epidemic”, “research on corresponding financial support policies”.
Retail, catering, and tourism have basically closed under the lockdown, and experts shouldn’t be able to think of anything. The decline in consumption and the difficulty in repaying loans also cannot be solved. Who dares to openly question the policy of “zeroing out” the epidemic? The government’s bailout is probably the only way, but the CCP governments at all levels have been asked to “live tight”, where will the money come from?
Li Keqiang, of course, knew that he had no money, so he could only say that he would “give full play to the leveraging effect of special local government bonds to drive more private investment.” I don’t know if this means giving the local government the green light to continue to borrow a lot. If the old debts are not paid, they are ready to borrow new debts. The bottomless pit of local government debts will never be filled.
In the end, Li Keqiang also said that it is necessary to “do a good job in stabilizing foreign trade and foreign investment, maintain the basic stability of the RMB exchange rate at a reasonable and balanced level, and effectively deal with the uncertainty of the external environment.”
This sentence not only revealed the internal man-made chaos, but also pointed out the impact from the outside. The Russian-Ukrainian war prompted foreign capital to flee, and the CCP suffered the consequences. On April 2, Hu Chunhua, Vice Premier of the State Council of the Communist Party of China, presided over a symposium on the foreign trade situation. According to a Xinhua News Agency report, “Hu Chunhua pointed out” that “the external environment for foreign trade has become more severe and complex, and development faces many risks and challenges.”
Even in a critical situation, the CCP must sing its praises
Li Keqiang’s many truths and the atmosphere of the Beijing Winter Olympics Commendation Conference that day can be described as twofold. The Seventh Standing Committee of the Political Bureau of the Communist Party of China and Wang Qishan all attended the commendation ceremony. The epidemic and economic situation are so severe that members of the Politburo Standing Committee do not rush to discuss countermeasures, but have time to attend such meaningless commendation meetings to support the so-called “great revival” reported by Xinhua News Agency.
Xinhua News Agency published a speech of more than 5,800 words by Xi Jinping, and also said that “China’s epidemic prevention policy has once again withstood the test”, “If the epidemic response also has a gold medal, China should get one.”
CCTV footage showed that the Great Hall of the People was full of people listening to the lectures, contradicting the draconian “clearing” measures. The top CCP officials and dozens of people on the podium did not wear masks, and all those who came to the stage to accept the award also took off their masks. If it is a political show, the CCP can win a gold medal.
In the speech reported by Xinhua News Agency, an athlete was deliberately quoted as saying, “I can’t see the world clearly, but I want the world to see me.”
This sentence is really appropriate at the moment. The CCP has always been unable to see the world, or is unwilling to see the world, but the world should see the CCP more and more clearly.
The Epoch Times premieres
Responsible editor: Gao Yi