China faces an unemployment time bomb

[Oldman1]

Why is the US is blaming Russia for the riots?

Who's blaming exactly?

 

[CAPRICORN-88]

China is blaming us for the Hong Kong protests. So not sure what you are getting at.

So those violent demonstrations in Hong Kong are unreal.
So the video of US special forces training these protesters to attack HONG KONG police is unreal.
Why is TRUMP threatening to impose Marshal law?
Why is it politically right for UK and USA to defend these rioters to destroy HONG KONG economy while it is sinful for the pro-democracy rioters in USA to hold peaceful demonstrations?
Why did UK issue 3 million British Oversea National Passports?
Is it legal for China issue China Oversea National Passport for the British and American people? Such is the hypocrisy and double standard.

 

[Globenim]

Almost the entire article talks about income inequality not unemployment.
The only aspect about unemployemnt is a recycled old report paraphrasing an "analyst" report that allegedes an "estimated" "up to" 30% of 110 Million migrant workers "might" have laid down their jobs at their remote workplace in March, jumping to the conclusion that everyone of them is now permanently "unemployed", just to deny the very numbers that confirm this "estimate" was pure bullshit.

This is a prediction for an unemployment crisis based solely on a 2 month old report about a situation that has already reversed with many migrant workers returning to their old jobs, while China is on top in fact recovering faster than anyonone else.

This is essentially a repost of this dumb spam thread by the exact same troll.
https://defence.pk/pdf/threads/80-m...e-will-soon-be-competing-for-jobs-too.665222/

 

[powastick]

Who's blaming exactly?

In an interview on ABC's "This Week," U.S. national security adviser Robert O'Brien suggested, without citing any evidence, that Zimbabwe is one of several "foreign adversaries" — including China and Russia — he suggested were taking advantage of the protests in the U.S. to "sow discord and to try and damage our democracy."

 

[Oldman1]

So those violent demonstrations in Hong Kong are unreal.
So the video of US special forces training these protesters to attack HONG KONG police is unreal.
Why is TRUMP threatening to impose Marshal law?
Why is it politically right for UK and USA to defend these rioters to destroy HONG KONG economy while it is sinful for the pro-democracy rioters in USA to hold peaceful demonstrations?
Why did UK issue 3 million British Oversea National Passports?
Is it legal for China issue China Oversea National Passport for the British and American people? Such is the hypocrisy and double standard.

What video of U.S. special forces training the protesters? If China cares about the U.S. protesters, why don't you grant them citizenship just like we are to Hong Kong. I see some Chinese posters here be glad to kick them out. China for some reason is against that.

In an interview on ABC's "This Week," U.S. national security adviser Robert O'Brien suggested, without citing any evidence, that Zimbabwe is one of several "foreign adversaries" — including China and Russia — he suggested were taking advantage of the protests in the U.S. to "sow discord and to try and damage our democracy."

Taking advantage of the protest by China and Russia? Thats nothing new. You can see what China and Russian bots are doing on social media.

 

[powastick]

Taking advantage of the protest by China and Russia? Thats nothing new. You can see what China and Russian bots are doing on social media.

All I see is American socks puppets trying to divert the attention than Russian bots. If those are China, Russians bots, then US twitter and facebook not doing their job. They are excellent in targeting foreign bots. They are US citizens not China and Russia nor Zimbabwe bots.

 

[CAPRICORN-88]

What video of U.S. special forces training the protesters? If China cares about the U.S. protesters, why don't you grant them citizenship just like we are to Hong Kong. I see some Chinese posters here be glad to kick them out. China for some reason is against that.


Taking advantage of the protest by China and Russia? Thats nothing new. You can see what China and Russian bots are doing on social media.

Well. It was circulated to me in my WhatsApp message. Don't worry. After the National Security Law is enacted, the Hong Kong Police will be searching for him. His face and identity is revealed.
As Edward Snowden revealed in his book, he will be called a mercenary or IC and US will disowned him. Those captured in Venezuela are classified as IC by US government. They are CIA special forces.
Mike Pompeii a former CIA director has pledged to rescue them at all cost.

BTW unlike USA or UK China is not interested to interfere in US domestic politics. This is unlike USA who even funded the demonstration and so-called peaceful movement in Hong Kong.
I will be happier if UK offers these British Oversea National Passport holder approx 3 million of them, Permanent Residency and Citizenship.
Hong Kong should set a deadline for the recognition of these BONP holders says by the end of this year. After that it will be invalid.
How can another nation issued passport to citizen of another nation, it is gross interference.
Mind you these BONP has no residency right meaning they must leave Britain after the expiry date.
Portugal offers citizenship go all people of Macao before they handover the territory back to China. That is why Macao is so peaceful.
Hong Kong should revoke trouble maker Joshua Wong and then send him back to Vietnam. That is where he came from.
Let him burn building and people in Vietnam.
I am pretty sure, they welcome him with open arms.

 

[Viva_Viet]

Hong Kong should revoke trouble maker Joshua Wong and then send him back to Vietnam. That is where he came from.
Let him burn building and people in Vietnam.
I am pretty sure, they welcome him with open arms.

No, we will send Joshua to SG and burn ur cheap resto. U will lose your dishwashing job

 

[bbccdd1470]

So those violent demonstrations in Hong Kong are unreal.
So the video of US special forces training these protesters to attack HONG KONG police is unreal.
Why is TRUMP threatening to impose Marshal law?
Why is it politically right for UK and USA to defend these rioters to destroy HONG KONG economy while it is sinful for the pro-democracy rioters in USA to hold peaceful demonstrations?
Why did UK issue 3 million British Oversea National Passports?
Is it legal for China issue China Oversea National Passport for the British and American people? Such is the hypocrisy and double standard.

So true, also Joshua Wong and few protest organizers caught red handed when met with US consulate official Julie Eadeh during the height of riot in HK. US threatened our gov't with sanction if HK police continued to crack down the rioters. US vice president and other high profiled officers met with HK opposition parties and their members (some of them got revealed that they received money from Apple daily back in 2016) discussed how to sanction HK. US Mainstream Media kept lying those rioters were peaceful protesters.

 

[Viva_Viet]

So true, also Joshua Wong and few protest organizers caught red handed when met with US consulate official Julie Eadeh during the height of riot in HK. US threatened our gov't with sanction if HK police continued to crack down the rioters. US vice president and other high profiled officers met with HK opposition parties and their members (some of them got revealed that they received money from Apple daily back in 2016) discussed how to sanction HK. US Mainstream Media kept lying those rioters were peaceful protesters.

Joshua and the protestors won HK vote while ugly Lam lost pathetically.

 

[Kai Liu]

Very misleading article.
The 1000 cny (141usd) is the per capita monthly dispensable income, which makes it 4000 cny or 560 usd for a household of 4. And rembmer, that is dispensable income, which means tax, pension savings, etc, are all excluded. And a lot of them are old folks living in the countryside with their own house, feed stocks and grow crops, and living expenses are minimal or negligible.
There is a wealth gap for sure, as the national average is 30000 cny or 4235 usd per year per capita, which makes 120,000 cny or ~17,000 USD for a house hold of 4 on average, which means there are a lot of high income household (much higher than the average) and remember GDP per capita does NOT equal to income per capita. This again, is the dispensable income. This agrees with our average salary for a work force of 2 per household:
https://tradingeconomics.com/country-list/wages

 

[Mista]

Very misleading article.
The 1000 cny (141usd) is the per capita monthly dispensable income, which makes it 4000 cny or 560 usd for a household of 4. And rembmer, that is dispensable income, which means tax, pension savings, etc, are all excluded. And a lot of them are old folks living in the countryside with their own house, feed stocks and grow crops, and living expenses are minimal or negligible.
There is a wealth gap for sure, as the national average is 30000 cny or 4235 usd per year per capita, which makes 120,000 cny or ~17,000 USD for a house hold of 4 on average, which means there are a lot of high income household (much higher than the average) and remember GDP per capita does NOT equal to income per capita. This again, is the dispensable income. This agrees with our average salary for a work force of 2 per household:
https://tradingeconomics.com/country-list/wages

Tradingeconomics isn't reliable sometimes, they just take the headline numbers without understanding the context.

For example, the average wage of 90,501 yuan in China is misleading as it refers to only urban employees working in the public sector. It doesn't represent the whole of China which includes rural employees and urban employees working in the private sector.

Straight from Xinhua:

BEIJING, May 15 (Xinhua) -- The average salary of China's urban employees reported robust growth in 2019 thanks to the country's steady economic operation last year, official data showed Friday.

In non-private sectors, urban employees' inflation-adjusted real growth of the average salary rose by 6.8 percent to 90,501 yuan (12,758 U.S. dollars), according to data from the National Bureau of Statistics.

In private sectors, the annual average salary stood at 53,604 yuan, up 5.2 percent year on year after deducting price factors.

http://www.xinhuanet.com/english/2020-05/16/c_139060454.htm

It's kinda weird that the public sector earn so much higher than the private sector.

 

[Viva_Viet]

It's kinda weird that the public sector earn so much higher than the private sector.

Bcs of corruption. Those greedy bosses in SOEs keep asking for more money if Xi still want their loyalty... or else, they will find out the way to oust Xi.

 

[Mista]

http://data.stats.gov.cn/english/easyquery.htm?cn=B01

 

[Kai Liu]

Tradingeconomics isn't reliable sometimes, they just take the headline numbers without understanding the context.

For example, the average wage of 90,501 yuan in China is misleading as it refers to only urban employees working in the public sector. It doesn't represent the whole of China which includes rural employees and urban employees working in the private sector.

Straight from Xinhua:

http://www.xinhuanet.com/english/2020-05/16/c_139060454.htm

It's kinda weird that the public sector earn so much higher than the private sector.

Already take that into account, bro.
If the average wage is 90,501 cny, then a workforce of 2 per household will make 181,002 cny or 25,536 usd per year per household, instead of 17,000 I calculated.
And salary on the private sector are not easy to measure. A lot payment are made personally to avoid taxes, etc. I know this is a regular practice for e.g., construction workers.