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In the aftermath of the typhoon and flooding, China’s financial sector has been hard hit, particularly the insurance industry, which has been in trouble for years. “When bad folks are in trouble, they do bad things.” Joe Biden said this last week when describing the consequences of China’s economic problems. He called China a ticking time bomb. What’s the status of this ticking time bomb? In less than 2 weeks, China’s financial troubles are coming to the surface one after another daily. ⏰Timestamp: 1:21 What has happened in the past 2 weeks? 24:21 China’s insurance industry is in trouble 38:03 Q&A Chinese Reference: https://www.youtube.com/watch?v=loWoEaybia8 Sign up for my emails: https://leisrealtalk.com/ Donation: https://donorbox.org/support-lei-s-real-talk-support-lei Ideas/Suggestions: Leisrealtalk@gmail.com #leisrealtalk #chinaus #chinacrisis #xijinping #realtalk #financialcrisis #economiccrisis #economy #insurance

China and the United States are deep in a spy war. Both countries have been actively stamping out espionage activities! Watch Beijing’s one-minute promo video on how the CCP plans to catch spies. Two experts offer their analyses on China’s mass movement to counter espionage. This is a follow up to my July 29th live stream titled “Fear of CIA?” Here is the link to the program https://youtube.com/live/P3S6qnoHqzc Sign up for my emails: https://leisrealtalk.com/ Donation: https://donorbox.org/support-lei-s-real-talk-support-lei Ideas/Suggestions: Leisrealtalk@gmail.com ****************** We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories. ****************** ****************** 🔔 Subscribe for updates: https://www.youtube.com/c/LeisRealTalk​​​ ****************** 🔵 Make sure to share this video with your friends! Follow us on our Website: https://leisrealtalk.com/​​​​​​ Follow us on Twitter: https://twitter.com/LeisRealTalk​​​​​​​​ Follow us on Facebook: https://www.facebook.com/leisrealtalk​​​ ****************** #leisrealtalk #spy #china #ccp #spywar #chinaus #chinesespy

China has been the world champion in electric vehicle production and sales for years. Chinese EV makers BYD, NIO, Li Auto, and XPeng have been sought after by the capital markets. The Chinese battery maker CATL is the biggest battery manufacturer for EVs in the world and the pride of Xi Jinping. However, the disconnect between production capacity and market demand, along with EV subsidy fraud, has resulted in an over-capacity problem and a growing number of “zombie cars.” My previous talks on BYD vs Tesla competitions: https://youtube.com/live/UjYWW2Nb0sE https://youtube.com/live/UDw6zvOXovM Sign up for my emails: https://leisrealtalk.com/ Donation: https://donorbox.org/support-lei-s-real-talk-support-lei Ideas/Suggestions: Leisrealtalk@gmail.com ****************** We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories. ****************** References: https://nev.ofweek.com/2023-06/ART-71008-8420-30599402.html https://www.aboluowang.com/2023/0706/1923532.html ****************** 🔔 Subscribe for updates: https://www.youtube.com/c/LeisRealTalk​​​ ****************** 🔵 Make sure to share this video with your friends! Follow us on our Website: https://leisrealtalk.com/​​​​​​ Follow us on Twitter: https://twitter.com/LeisRealTalk​​​​​​​​ Follow us on Facebook: https://www.facebook.com/leisrealtalk​​​ ****************** MORE VIDEOS: Why do China's economy and 500 million Chinese matter so much in Geopolitics? https://youtu.be/IrsWejq3zKQ Why is China’s domestic consumption so abysmal? https://youtu.be/r2lj_Jt859A The untold facts behind money printing, inflation, and your money https://youtu.be/8xeEmIBxCTQ The West's costly China misconceptions (1): When in China, do as the Chinese do https://youtu.be/nbEUxezFmc8 The West’s costly China misconceptions (2): Don’t criticize China, Chinese people or the CCP https://youtu.be/PnNgGo1VJw8 ****************** OUR PLAYLISTS: China vs USA https://youtube.com/playlist?list=PL98Y1OoA0uGtDvlyEQ231z5PJLs7snLuO Chinese military & Taiwan Strait Crisis https://youtube.com/playlist?list=PL98Y1OoA0uGu8WVZj7g6u_px_RpEkG860 Lei's live stream, Q&A https://youtube.com/playlist?list=PL98Y1OoA0uGtg8RRtgyOb-mmN9HNLz501 Sports, Entertainment & Politics https://youtube.com/playlist?list=PL98Y1OoA0uGt_zAVI54lLhhL856BmfNZB The Chinese Economy https://youtube.com/playlist?list=PL98Y1OoA0uGuTBnYVwm9E6ox9JfuKq7La Chinese politics, military & Taiwan Strait https://youtube.com/playlist?list=PL98Y1OoA0uGvu8EipiunU_uNcys0Hd6lb CCP politics & factional wars https://youtube.com/playlist?list=PL98Y1OoA0uGvu8EipiunU_uNcys0Hd6lb The CCP history, communism & West's misconception https://youtube.com/playlist?list=PL98Y1OoA0uGs6zlt9WucXpycJIq00SQ8U American politics, society and people https://youtube.com/playlist?list=PL98Y1OoA0uGucIaJJbZu5iZY6Myk1frea International relations & Geopolitics https://youtube.com/playlist?list=PL98Y1OoA0uGvB4t7rwpt1KG6ey-Bpx9pL China, Chinese society & People https://youtube.com/playlist?list=PL98Y1OoA0uGuulXrksi9OPb01FHp3DsYe Wall Street, Financial Markets & Investments https://youtube.com/playlist?list=PL98Y1OoA0uGslyrjGWNOaZ3Y_g1Bh5uTL Media, Consumer Brands & Market https://youtube.com/playlist?list=PL98Y1OoA0uGvcRGZsVQbSjxXRJHgEQ9I_ Semiconductor & High-tech https://youtube.com/playlist?list=PL98Y1OoA0uGtWv2FxpVCZzlXu6EJ47GeS Chinese Population and labor Market https://youtube.com/playlist?list=PL98Y1OoA0uGviHfTIliMHeR3WTTgZn5Wt Lei's Favorites https://youtube.com/playlist?list=PL98Y1OoA0uGtu0QnHKwoT-iXD-wWxIfal ******************** #leisrealtalk #economy #electricacars #evcars #evindustry

1). How Taiwan has benefitted from the typhoon 2). Chinese government is completely dysfunctional 3). The PLA’s non-involvement in disaster relief 4). Chinese people are getting organized 5). More signs point to the regime’s downfall And how do all of that tell us about a possible war in the Taiwan Strait? Watch my previous video: https://youtu.be/XUE2t4fUMVg ⏰Timestamp: 2:37 How Taiwan has benefitted from the typhoon 7:31 Chinese government is completely dysfunctional 17:10 The PLA’s non-involvement in disaster relief 24:42 No donation through efficient channels 26:55 Chinese people are getting organized 37:00 More signs point to the regime’s downfall 44:48 Q&A Sign up for my emails: https://leisrealtalk.com/ Donation: https://donorbox.org/support-lei-s-real-talk-support-lei Ideas/Suggestions: Leisrealtalk@gmail.com #leisrealtalk #chinataiwan #chinaflood #typhoonDoksuri #pladisasterrelief

The Forbidden City in Beijing did not flood for 600 years during Ming and Qing Dynasties. However, the royal palace got flooded during a heavy rain recently. 600 years ago, Chinese architects built a robust drainage system for the palace based on the river basins of nearby regions. The ground of the Forbidden City on the north side is two meters higher than the ground on the south side. Overflow of water flows to the moat of the palace and then to Zhongnan Hai, a lake near the palace. ****************** We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories. ****************** ****************** 🔔 Subscribe for updates: https://www.youtube.com/c/LeisRealTalk​​​ ****************** 🔵 Make sure to share this video with your friends! Follow us on our Website: https://leisrealtalk.com/​​​​​​ Follow us on Twitter: https://twitter.com/LeisRealTalk​​​​​​​​ Follow us on Facebook: https://www.facebook.com/leisrealtalk​​​ ****************** #china #leisrealtalk #chinaflood #beijingflood #forbiddencityflood

Recently, Xi Jinping’s troubled relations with his military have been the subject of media attention. His latest investigation and purge of the PLA Rocket Force leadership indicate this trouble. How is this related to Xi’s ambition of taking over Taiwan? Is it related to the PLA’s fear of war? Some experts say Xi’s priority is anti-corruption and political purging in the Chinese military. But two experts say the war risk is as high as before. 1. Xi Jinping vs. the PLA over the Taiwan War 2. Is Xi still carrying out the war plan? Sign up for my emails: https://leisrealtalk.com/ Donation: https://donorbox.org/support-lei-s-real-talk-support-lei Ideas/Suggestions: Leisrealtalk@gmail.com #leisrealtalk #china #ccp #chinesePLA #chinataiwan #chinamilitary #plachina Reference Links: Colonel Yao's Interviews https://www.youtube.com/watch?v=swIIQq2PoiA https://www.youtube.com/watch?v=hRRm8w7lUF8&t=7s CCP's coverage of the July 31 anniversary reception https://weibo.com/6189120710/NcrWrD8tP

The deadly typhoon Doksuri swept through China, causing tremendous flooding. The most fatal disaster is not caused by mother nature but by a human decision. To protect Beijing and the new capital city Xiong’An, one small city in Hebei has been stranded in the water for days. And the authorities are telling people they might be stuck in water for a month. Beijing’s ability to handle disaster relief is displayed to the world. It has proved again that the CCP's “institutional advantage” is a synonym for human misery and unnatural disasters. Watch my previous videos here: Comparing China’s COVID crisis to a 1975 dam collapse, Xi Jinping vs. Deng Xiaoping https://youtu.be/qbrRPvIR23w Untold story of the Zhengzhou flood, life-and-death experience by survivors. https://youtu.be/2i8OhsVW1f4 Battling censorship and surveillance, Zhengzhou citizens mourn flood victims https://youtu.be/1uCz2OCwjPo Sign up for my emails: https://leisrealtalk.com/ Donation: https://donorbox.org/support-lei-s-real-talk-support-lei Ideas/Suggestions: Leisrealtalk@gmail.com #leisrealtalk #china #chinaflood #typhoonDoksuri #naturaldisaster

From high unemployment and currency devaluation to declining exports and weak domestic consumption, China’s economy suffers from various debilitating conditions. But the most threatening attack is the local government debt meltdown (including LGFV’s) and an ensuing banking crisis. Which Chinese banks will be the first to go down? Two previous videos: Domestic Consumption: https://youtu.be/r2lj_Jt859A Unemployment: https://youtu.be/IrsWejq3zKQ Sign up for my emails: https://leisrealtalk.com/ Donation: https://donorbox.org/support-lei-s-real-talk-support-lei Ideas/Suggestions: Leisrealtalk@gmail.com #leisrealtalk #china #ccp #chineseeconomy #chinanews #chinaeconomy #bankingcrisis ****************** We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories. ****************** ****************** 🔔 Subscribe for updates: https://www.youtube.com/c/LeisRealTalk​​​ ****************** 🔵 Make sure to share this video with your friends! Follow us on our Website: https://leisrealtalk.com/​​​​​​ Follow us on Twitter: https://twitter.com/LeisRealTalk​​​​​​​​ Follow us on Facebook: https://www.facebook.com/leisrealtalk​​​ ****************** MORE VIDEOS: Why do China's economy and 500 million Chinese matter so much in Geopolitics? https://youtu.be/IrsWejq3zKQ Why is China’s domestic consumption so abysmal? https://youtu.be/r2lj_Jt859A The untold facts behind money printing, inflation, and your money https://youtu.be/8xeEmIBxCTQ The West's costly China misconceptions (1): When in China, do as the Chinese do https://youtu.be/nbEUxezFmc8 The West’s costly China misconceptions (2): Don’t criticize China, Chinese people or the CCP https://youtu.be/PnNgGo1VJw8 ****************** OUR PLAYLISTS: China vs USA https://youtube.com/playlist?list=PL98Y1OoA0uGtDvlyEQ231z5PJLs7snLuO Chinese military & Taiwan Strait Crisis https://youtube.com/playlist?list=PL98Y1OoA0uGu8WVZj7g6u_px_RpEkG860 Lei's live stream, Q&A https://youtube.com/playlist?list=PL98Y1OoA0uGtg8RRtgyOb-mmN9HNLz501 Sports, Entertainment & Politics https://youtube.com/playlist?list=PL98Y1OoA0uGt_zAVI54lLhhL856BmfNZB The Chinese Economy https://youtube.com/playlist?list=PL98Y1OoA0uGuTBnYVwm9E6ox9JfuKq7La Chinese politics, military & Taiwan Strait https://youtube.com/playlist?list=PL98Y1OoA0uGvu8EipiunU_uNcys0Hd6lb CCP politics & factional wars https://youtube.com/playlist?list=PL98Y1OoA0uGvu8EipiunU_uNcys0Hd6lb The CCP history, communism & West's misconception https://youtube.com/playlist?list=PL98Y1OoA0uGs6zlt9WucXpycJIq00SQ8U American politics, society and people https://youtube.com/playlist?list=PL98Y1OoA0uGucIaJJbZu5iZY6Myk1frea International relations & Geopolitics https://youtube.com/playlist?list=PL98Y1OoA0uGvB4t7rwpt1KG6ey-Bpx9pL China, Chinese society & People https://youtube.com/playlist?list=PL98Y1OoA0uGuulXrksi9OPb01FHp3DsYe Wall Street, Financial Markets & Investments https://youtube.com/playlist?list=PL98Y1OoA0uGslyrjGWNOaZ3Y_g1Bh5uTL Media, Consumer Brands & Market https://youtube.com/playlist?list=PL98Y1OoA0uGvcRGZsVQbSjxXRJHgEQ9I_ Semiconductor & High-tech https://youtube.com/playlist?list=PL98Y1OoA0uGtWv2FxpVCZzlXu6EJ47GeS Chinese Population and labor Market https://youtube.com/playlist?list=PL98Y1OoA0uGviHfTIliMHeR3WTTgZn5Wt Lei's Favorites https://youtube.com/playlist?list=PL98Y1OoA0uGtu0QnHKwoT-iXD-wWxIfal ******************** #leisrealtalk #economy #bankingcrisis #debtbomb #money #debt #china

Recently a Typhoon swept through Beijing, and the city reported record rainfall. But the worst flood is not in Beijing but in Zhuozhou, 35 miles away in Hebei. What happened was to protect Beijing and the new capital Xiong'an, the authorities diverted water and discharged reservoirs to Hebei without giving people enough warnings. Many are fighting for their survival. ****************** We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories. ****************** References: ****************** 🔔 Subscribe for updates: https://www.youtube.com/c/LeisRealTalk​​​ ****************** 🔵 Make sure to share this video with your friends! Follow us on our Website: https://leisrealtalk.com/​​​​​​ Follow us on Twitter: https://twitter.com/LeisRealTalk​​​​​​​​ Follow us on Facebook: https://www.facebook.com/leisrealtalk​​​ ****************** #china #typhoon #storm #beijingflood #flood

Today is the Chinese PLA's anniversary. Let's talk about Xi Jinping's troubling relations with his military. I'm afraid he is losing his grip. 1. The new Rocket Force leadership 2. The death of former chief of the Central Security Bureau 3. The death of AI expert, Feng Yanghe Timestamp: 1:20 The new Rocket Force leadership 12:00 The death of former chief of the Central Security Bureau 18:35 The death of AI expert, Feng Yanghe The death of the Chinese secret service chief & the mysterious Central Security Bureau: https://youtu.be/kjQO40T2LJs Another Chinese diplomat in trouble? Whose funeral is Beijing planning? https://www.youtube.com/live/fO_XK74vFMo?feature=share ​Lei’s interview on China, Taiwan and the war in the Taiwan Strait: https://youtu.be/9ItvWedSnts Sign up for my emails: https://leisrealtalk.com/ Donation: https://donorbox.org/support-lei-s-real-talk-support-lei Ideas/Suggestions: Leisrealtalk@gmail.com #leisrealtalk #china #ccp #chinesePLA #military #chinamilitary #plachina

Do you know that security at the World’s University Games in Chengdu is so strict that adults were asked to wear diapers to attend the opening ceremony on July 28th? The city was put on semi-lockdown when Xi Jinping attended the event. The spectators at the ceremony were selected through a political vetting process and went through two dress rehearsals ****************** We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories. ****************** References: https://www.ntdtv.com/gb/2023/07/28/a103757240.html ****************** 🔔 Subscribe for updates: https://www.youtube.com/c/LeisRealTalk​​​ ****************** 🔵 Make sure to share this video with your friends! Follow us on our Website: https://leisrealtalk.com/​​​​​​ Follow us on Twitter: https://twitter.com/LeisRealTalk​​​​​​​​ Follow us on Facebook: https://www.facebook.com/leisrealtalk​​​ ****************** #leisrealtalk #china #fisugames #xijinping #ccp

The Qin Gang episode showed the "unpredictability" of CCP politics and the blurry line between intelligence and diplomacy. Xi Jinping is finding that the number of people he can trust is getting fewer and fewer. And the underlying crisis is disloyalty. Beijing's opponents are exploiting corruption and betrayal in the Chinese military. The two sides are engaged in a spy war. 0:40 The CCP vs. the CIA 11:42 Is Qin Gang a spy chief in trouble? 21:05 Does Xi Jinping fear a big PLA sellout? Sign up for my emails: https://leisrealtalk.com/ Donation: https://donorbox.org/support-lei-s-real-talk-support-lei Ideas/Suggestions: Leisrealtalk@gmail.com #leisrealtalk #chinaus #cia #chinesespy #leisrealtalk The articles I mentioned: https://foreignpolicy.com/2020/12/21/china-stolen-us-data-exposed-cia-operatives-spy-networks/ https://www.foreignaffairs.com/china/russia-china-intelligence-new-spy-wars-undermine-america http://hx.cnd.org/2023/01/29/%E8%B0%AD%E6%85%8E%E6%A0%BC%EF%BC%9A%E7%A7%A6%E5%88%9A%E3%80%81%E5%AE%8B%E6%B6%9B%E4%B8%8E%E7%89%B9%E5%8A%A1%E5%A4%96%E4%BA%A4/ https://www.nytimes.com/2023/07/29/us/politics/china-malware-us-military-bases-taiwan.html

China’s new ambassador to the U.S. may be in trouble. His absence at a major embassy event in D.C. is due to an injury he suffered at Aspen. He may be suffering from a political injury and not a physical one. Rumors are spreading about the Chinese preparing for an upcoming state mourning and funeral. People are guessing which big shot in Beijing is dying. Please join me for a live chat! Here is the Xie Feng Aspen video. https://www.youtube.com/watch?v=3m3PciL4rJI&t=140s Watch my previous livestreams here: https://www.youtube.com/live/5lcCg64qx3g?feature=share https://www.youtube.com/live/qQfmtq5MLJs?feature=share https://www.youtube.com/live/73TrMXRr_Z0?feature=share Sign up for my emails: https://leisrealtalk.com/ Donation: https://donorbox.org/support-lei-s-real-talk-support-lei Ideas/Suggestions: Leisrealtalk@gmail.com Follow us on our Website: https://leisrealtalk.com/​​​​​​ Follow us on Twitter: https://twitter.com/LeisRealTalk​​​​​​​​ Follow us on Facebook: https://www.facebook.com/leisrealtalk​​​ #china #XieFeng #statefuneral #chinesediplomat #chineseambassadormissing #chineseleades

This is my first media interview! It was in Taipei with English Taiwan News. I discussed China’s GDP, unemployment, Taiwan’s wealth and CCP’s possible invasion. Watch my previous livestreams here: https://www.youtube.com/live/TRawl73xWBQ?feature=share https://www.youtube.com/live/io0D0CgTXS4?feature=share https://www.youtube.com/live/U_EBNa4Aq6k?feature=share 00:00 Brief introduction 00:18 Q1: What is the actual size of China's economy/actual GPD growth in recent years? 04:35 Q2: What is China's actual unemployment rate now? 06:48 Q3: Why are the Taiwanese wealthier than the Chinese? 08:59 Q4: Why does the CCP want to attack Taiwan? 11:27 Q5: What signs are there in terms of China's military strategy for Taiwan? 13:53 Q6: Is an invasion imminent? ****************** We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories. ****************** ****************** 🔔 Subscribe for updates: https://www.youtube.com/c/LeisRealTalk​​​ ****************** 🔵 Make sure to share this video with your friends! Follow us on our Website: https://leisrealtalk.com/​​​​​​ Follow us on Twitter: https://twitter.com/LeisRealTalk​​​​​​​​ Follow us on Facebook: https://www.facebook.com/leisrealtalk​​​ ****************** #leisrealtalk #chinataiwan #taiwan #leisinterview #ChinasGDP #unemployment #Taiwanswealth

Watch my previous livestreams here: https://www.youtube.com/live/73TrMXRr_Z0?feature=share https://www.youtube.com/live/5lcCg64qx3g?feature=share After one month of silence on its foreign minister, Beijing officially announced the removal of Qin Gang and that Qin’s predecessor, Wang Yi, will replace him. This announcement concluded the first half of the “missing minister” drama, confirming my suspicion that Qin is a victim of CCP’s internal political struggles. It foretells a turbulent time in Sino-US relations as the leadership of China’s foreign affairs team lacks American experience. The second half of the drama may be more exciting. 1. Xi Jinping & Qin Gang 2. The removal of Qin Gang & Sino-US relations Sign up for my emails: https://leisrealtalk.com/ Donation: https://donorbox.org/support-lei-s-real-talk-support-lei Ideas/Suggestions: Leisrealtalk@gmail.com #xijinping #qingang #china #ccp #missingqingang #chinesediplomat #uschina #missingminister

Watch my long video here: https://www.youtube.com/live/TRawl73xWBQ?feature=share Beijing just announced a 6.3% GDP growth for the second quarter of 2023. During the same period, China’s domestic consumption tax decreased by 13.4% year-on-year. Corporate income tax fell 5.4%. Customs duties down 13.6%. Corporate export tax rebate is down 9.2%. Vehicle purchase tax, down 3.6%. Stamp duty down 14.6%. Among them, the stamp duty on securities transactions is down 31% year-on-year. Natural resource tax, down 12.6%. Value-added tax and consumption tax on imported goods is down 9.5%. ****************** We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories. ****************** References: ****************** 🔔 Subscribe for updates: https://www.youtube.com/c/LeisRealTalk​​​ ****************** 🔵 Make sure to share this video with your friends! Follow us on our Website: https://leisrealtalk.com/​​​​​​ Follow us on Twitter: https://twitter.com/LeisRealTalk​​​​​​​​ Follow us on Facebook: https://www.facebook.com/leisrealtalk​​​ ****************** #china #leisrealtalk #shorts #shortsvideo #chinanews #economy #viral #gdp #gdpgrowth

Watch my long video here: https://youtu.be/r2lj_Jt859A One of the poorer provinces in China, Henan, is hanging granite tiles on 22 kilometers of river banks as part of a half-billion-dollar government project to manage a river. People asked what’s wrong with the river bank now and how much is the cost. The local government said it’s 6.5 million yuan and only 0.2% of the total cost. ****************** We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories. ****************** References: https://www.youtube.com/watch?v=Svzn6r5VZEA https://m.163.com/dy/article_cambrian/I99N3KJQ0512B07B.html https://finance.sina.cn/china/gncj/2023-07-07/detail-imyzwinp8158534.d.html?vt=4 ****************** 🔔 Subscribe for updates: https://www.youtube.com/c/LeisRealTalk​​​ ****************** 🔵 Make sure to share this video with your friends! Follow us on our Website: https://leisrealtalk.com/​​​​​​ Follow us on Twitter: https://twitter.com/LeisRealTalk​​​​​​​​ Follow us on Facebook: https://www.facebook.com/leisrealtalk​​​ ****************** #china #leisrealtalk #shortsfeed #shortsvideo #short #shorts #viral #viralvideo #viralshorts #economy #investment

One of the trademarks of China's economy is its weak domestic consumption. This problem has been exacerbated by high unemployment. After three years of COVID-related lockdowns, ordinary people don't have money to spend, and affluent Chinese spend less. The slow recovery of holiday spending further confirms this trend. So what has caused China's abysmal domestic consumption? How does it compare to the consumption in the United States? ****************** We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories. ****************** References: https://finance.sina.cn/zl/2023-01-11/zl-imxzuxpn2228990.d.html https://zhuanlan.zhihu.com/p/606749973 https://www.epochtimes.com/b5/23/6/26/n14023104.htm ****************** 🔔 Subscribe for updates: https://www.youtube.com/c/LeisRealTalk​​​ ****************** 🔵 Make sure to share this video with your friends! Follow us on our Website: https://leisrealtalk.com/​​​​​​ Follow us on Twitter: https://twitter.com/LeisRealTalk​​​​​​​​ Follow us on Facebook: https://www.facebook.com/leisrealtalk​​​ ****************** MORE VIDEOS: The tangled web of the CCP's wars, Part I - the Korean war https://youtu.be/5lbKtmzK24w How the Sino-Vietnamese war helped China kick-start China-US relations and economic reforms https://youtu.be/4RbpxcJ2mwE A China expert explains when economic crisis will bring down the Chinese regime https://youtu.be/LCAevZOqSWg What made Xi Jinping break a PLA tradition - COVID or a Chinese military strategy? https://youtu.be/NfLwZrOm3Gc The West's costly China misconceptions (1): When in China, do as the Chinese do https://youtu.be/nbEUxezFmc8 The West’s costly China misconceptions (2): Don’t criticize China, Chinese people or the CCP https://youtu.be/PnNgGo1VJw8 ****************** OUR PLAYLISTS: China vs USA https://youtube.com/playlist?list=PL98Y1OoA0uGtDvlyEQ231z5PJLs7snLuO Chinese military & Taiwan Strait Crisis https://youtube.com/playlist?list=PL98Y1OoA0uGu8WVZj7g6u_px_RpEkG860 Lei's live stream, Q&A https://youtube.com/playlist?list=PL98Y1OoA0uGtg8RRtgyOb-mmN9HNLz501 Sports, Entertainment & Politics https://youtube.com/playlist?list=PL98Y1OoA0uGt_zAVI54lLhhL856BmfNZB The Chinese Economy https://youtube.com/playlist?list=PL98Y1OoA0uGuTBnYVwm9E6ox9JfuKq7La Chinese politics, military & Taiwan Strait https://youtube.com/playlist?list=PL98Y1OoA0uGvu8EipiunU_uNcys0Hd6lb CCP politics & factional wars https://youtube.com/playlist?list=PL98Y1OoA0uGvu8EipiunU_uNcys0Hd6lb The CCP history, communism & West's misconception https://youtube.com/playlist?list=PL98Y1OoA0uGs6zlt9WucXpycJIq00SQ8U American politics, society and people https://youtube.com/playlist?list=PL98Y1OoA0uGucIaJJbZu5iZY6Myk1frea International relations & Geopolitics https://youtube.com/playlist?list=PL98Y1OoA0uGvB4t7rwpt1KG6ey-Bpx9pL China, Chinese society & People https://youtube.com/playlist?list=PL98Y1OoA0uGuulXrksi9OPb01FHp3DsYe Wall Street, Financial Markets & Investments https://youtube.com/playlist?list=PL98Y1OoA0uGslyrjGWNOaZ3Y_g1Bh5uTL Media, Consumer Brands & Market https://youtube.com/playlist?list=PL98Y1OoA0uGvcRGZsVQbSjxXRJHgEQ9I_ Semiconductor & High-tech https://youtube.com/playlist?list=PL98Y1OoA0uGtWv2FxpVCZzlXu6EJ47GeS Chinese Population and labor Market https://youtube.com/playlist?list=PL98Y1OoA0uGviHfTIliMHeR3WTTgZn5Wt Lei's Favorites https://youtube.com/playlist?list=PL98Y1OoA0uGtu0QnHKwoT-iXD-wWxIfal ******************** #leisrealtalk #economy #consumption #money #consumer

Qin Gang, China's Minister of Foreign Affairs, has disappeared from public view for more than 3 weeks. His lack of presence and rumored affairs with a Phoenix TV host have attracted worldwide attention. It seems that the missing minister drama may be related to the effort of anti-Xi forces. The ultimate target is Xi Jinping and not Qin Gang. The minister is said to be investigated while Xi Jinping hasn't decided what to do with him. The Chinese leader is caught in a catch-22 situation. Xi is weighing his political loss and gain. Sign up for my emails: https://leisrealtalk.com/ Donation: https://donorbox.org/support-lei-s-real-talk-support-lei Ideas/Suggestions: Leisrealtalk@gmail.com #xịinping #qingang #china #ccp #missingqingang #chinesediplomat #politics #leisrealtalk

People in Chengdu are planning a new White Paper movement. A social media post calling for a flash mob protest to be held on the opening day of the World University Games, which is July 28, is circulating. The post said the event is an atomized protest without an organizer. It cautioned people with several safety rules: not to disclose personal information, not talk about it online, clean out all sensitive info on computers and cell phones before attending. ****************** We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories. ****************** 🔔 Subscribe for updates: https://www.youtube.com/c/LeisRealTalk​​​ ****************** 🔵 Make sure to share this video with your friends! Follow us on our Website: https://leisrealtalk.com/​​​​​​ Follow us on Twitter: https://twitter.com/LeisRealTalk​​​​​​​​ Follow us on Facebook: https://www.facebook.com/leisrealtalk​​​ ****************** #china #leisrealtalk #shortsfeed #shorts #chinesestudents #short #viral #viralshorts #chinanews #hotnews #studentmovernment #viralvideo

China’s Foreign Minister Qin Gang has been missing for 3 weeks. He is one of China’s rising top diplomats promoted on a fast track by Xi Jinping. His absence caused many speculations and rumors: from an extramarital affair to his mistress being a foreign agent to his political conflict with the top leadership. Beijing attributed his absence to health reasons. It seems that his disappearance is anything but health-related. It’s a sign of the CCP’s internal political struggle. Correction: Fu attended Cambridge University, not Oxford. I got the two mixed up in my program. Sign up for my emails: https://leisrealtalk.com/ Donation: https://donorbox.org/support-lei-s-real-talk-support-lei Ideas/Suggestions: Leisrealtalk@gmail.com #chinaus #qingang #china #ccp #leisrealtalk #missingqingang #chinesediplomats

Beijing faces many doomsday economic, ideological, institutional, diplomatic, and political crises, of which a financial crisis is the most debilitating. From currency devaluation, high unemployment, and high debt to a vulnerable banking system and sluggish domestic consumption, China's economy is like a terminally ill patient suffering from severe chronic conditions and an onslaught of acute diseases. For Xi Jinping, the struggling Chinese economy is the source of many problems threatening social stability and the CCP's legitimacy. For the outside world, China's economy may be the biggest geopolitical time bomb. Sign up for my emails: https://leisrealtalk.com/ Donation: https://donorbox.org/support-lei-s-real-talk-support-lei Ideas/Suggestions: Leisrealtalk@gmail.com ****************** We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories. ****************** References: https://www.gov.cn/zhengce/2022-03/22/content_5680376.htm https://www.ndrc.gov.cn/fgsj/tjsj/jjsjgl1/202301/t20230131_1348088.html#:~:text=2022%E5%B9%B4%E6%9C%AB%EF%BC%8C%E5%85%A8%E5%9B%BD%E4%BA%BA%E5%8F%A3%E4%B8%BA,%E5%B9%B4%E5%A2%9E%E5%8A%A027%E4%B8%87%E4%BA%BA%E3%80%82 https://cj.sina.com.cn/article/detail/1010236564/275893 http://www.moe.gov.cn/fbh/live/2023/55167/mtbd/202303/t20230324_1052473.html?ivk_sa=1023197a ****************** 🔔 Subscribe for updates: https://www.youtube.com/c/LeisRealTalk​​​ ****************** 🔵 Make sure to share this video with your friends! Follow us on our Website: https://leisrealtalk.com/​​​​​​ Follow us on Twitter: https://twitter.com/LeisRealTalk​​​​​​​​ Follow us on Facebook: https://www.facebook.com/leisrealtalk​​​ ****************** MORE VIDEOS: The tangled web of the CCP's wars, Part I - the Korean war https://youtu.be/5lbKtmzK24w How the Sino-Vietnamese war helped China kick-start China-US relations and economic reforms https://youtu.be/4RbpxcJ2mwE A China expert explains when economic crisis will bring down the Chinese regime https://youtu.be/LCAevZOqSWg What made Xi Jinping break a PLA tradition - COVID or a Chinese military strategy? https://youtu.be/NfLwZrOm3Gc The West's costly China misconceptions (1): When in China, do as the Chinese do https://youtu.be/nbEUxezFmc8 The West’s costly China misconceptions (2): Don’t criticize China, Chinese people or the CCP https://youtu.be/PnNgGo1VJw8 ****************** OUR PLAYLISTS: China vs USA https://youtube.com/playlist?list=PL98Y1OoA0uGtDvlyEQ231z5PJLs7snLuO Chinese military & Taiwan Strait Crisis https://youtube.com/playlist?list=PL98Y1OoA0uGu8WVZj7g6u_px_RpEkG860 Lei's live stream, Q&A https://youtube.com/playlist?list=PL98Y1OoA0uGtg8RRtgyOb-mmN9HNLz501 Sports, Entertainment & Politics https://youtube.com/playlist?list=PL98Y1OoA0uGt_zAVI54lLhhL856BmfNZB The Chinese Economy https://youtube.com/playlist?list=PL98Y1OoA0uGuTBnYVwm9E6ox9JfuKq7La Chinese politics, military & Taiwan Strait https://youtube.com/playlist?list=PL98Y1OoA0uGvu8EipiunU_uNcys0Hd6lb CCP politics & factional wars https://youtube.com/playlist?list=PL98Y1OoA0uGvu8EipiunU_uNcys0Hd6lb The CCP history, communism & West's misconception https://youtube.com/playlist?list=PL98Y1OoA0uGs6zlt9WucXpycJIq00SQ8U American politics, society and people https://youtube.com/playlist?list=PL98Y1OoA0uGucIaJJbZu5iZY6Myk1frea International relations & Geopolitics https://youtube.com/playlist?list=PL98Y1OoA0uGvB4t7rwpt1KG6ey-Bpx9pL China, Chinese society & People https://youtube.com/playlist?list=PL98Y1OoA0uGuulXrksi9OPb01FHp3DsYe Wall Street, Financial Markets & Investments https://youtube.com/playlist?list=PL98Y1OoA0uGslyrjGWNOaZ3Y_g1Bh5uTL Media, Consumer Brands & Market https://youtube.com/playlist?list=PL98Y1OoA0uGvcRGZsVQbSjxXRJHgEQ9I_ Semiconductor & High-tech https://youtube.com/playlist?list=PL98Y1OoA0uGtWv2FxpVCZzlXu6EJ47GeS Chinese Population and labor Market https://youtube.com/playlist?list=PL98Y1OoA0uGviHfTIliMHeR3WTTgZn5Wt Lei's Favorites https://youtube.com/playlist?list=PL98Y1OoA0uGtu0QnHKwoT-iXD-wWxIfal ******************** #leisrealtalk #economy #china #chinanews #unemployment

Some young people in Guangzhou, China, have adopted wheelchairs as their form of transportation. These young people ride pretty fast on the road in electric wheelchairs to go shopping or commute to work. They say the wheelchairs are more convenient than Mopeds since they don’t have to wear a helmet, find parking, or be subject to random fines and restrictions. ****************** We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories. ****************** 🔔 Subscribe for updates: https://www.youtube.com/c/LeisRealTalk​​​ ****************** 🔵 Make sure to share this video with your friends! Follow us on our Website: https://leisrealtalk.com/​​​​​​ Follow us on Twitter: https://twitter.com/LeisRealTalk​​​​​​​​ Follow us on Facebook: https://www.facebook.com/leisrealtalk​​​ ****************** #china #leisrealtalk #shortsfeed #shortsvideo #shorts #short #youngchinese #wheelchair

Amid ongoing tensions in US-China relations, US Treasury Secretary Janet Yellen conducted a four-day visit to China. Her trip didn’t bring breakthroughs in Sino-US relations. But a few of her actions, from her handshake, a bow, to lunch with female Chinese economists, stirred up social media storms in China. It’s a good case study of the mistakes Western officials make when dealing with the Chinese. Their knowledge of China can sometimes be counterproductive. -The expectation from the Chinese and the Americans -Did Yellen accomplish her goal? -Was Beijing happy with Yellen’s visit? -The unexpected controversies and the direction of Sino-US relations Sign up for my emails: https://leisrealtalk.com/ Donation: https://donorbox.org/support-lei-s-real-talk-support-lei Ideas/Suggestions: Leisrealtalk@gmail.com #chinaus #yellenvisitschina #china #yellen #leisrealtalk

Did you know there are about 26 million people in China who have defaulted? That means every year, there is an addition of 5 million people who cannot pay their debts. Courts across China are arresting these defaulters on a large scale. Show the real footage here: Some of them are business owners who have closed their businesses due to the poor economy and are unable to repay loans. Many had coped their financial obligations by juggling with multiple credit cards. Watch my full livestream: https://www.youtube.com/live/U_EBNa4Aq6k?feature=share ****************** We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories. ****************** References: https://youtu.be/w51pCJL8uh8 ****************** 🔔 Subscribe for updates: https://www.youtube.com/c/LeisRealTalk​​​ ****************** 🔵 Make sure to share this video with your friends! Follow us on our Website: https://leisrealtalk.com/​​​​​​ Follow us on Twitter: https://twitter.com/LeisRealTalk​​​​​​​​ Follow us on Facebook: https://www.facebook.com/leisrealtalk​​​ ****************** #leisrealtalk #china #shortsfeed #shortsvideo #ccp #short #shorts