China's New Rule: Bans Negative Speak About Economy
Valuetainment
Valuetainment Episodes
4.8 • 1.7K Ratings
🗓️ 15 January 2024
⏱️ 7 minutes
🧾️ Download transcript
Summary
Protect yourself against CBDC control with - American Hartford Gold https://bit.ly/3T56IqR Patrick Bet-David highlights China's economy and the impact of state policies on freedom of speech and investment trends in this insightful analysis. We delve into how China's Ministry of State Security's measures are affecting public discourse, particularly in the realms of economy and real estate. Uncover startling insights on China's millionaire migration, real estate sector challenges, and the peculiar saving habits of its citizens. Connect one-on-one with the right expert to get the answers you need with Minnect! https://bit.ly/3N2FZqK Visit Valuetainment University for the best courses online for entrepreneurs: https://bit.ly/40XG5WD Get best-in-class business advice with Bet-David Consulting: https://bit.ly/47RYW7S Visit VT.com for the latest news and insights from the world of politics, business and entertainment: https://bit.ly/3RiqFZW Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller Your Next Five Moves.
Transcript
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| 0:00.0 | Do you know what China's Ministry of State Security is making people do? |
| 0:02.8 | Like imagine in America you couldn't talk about COVID when the thing was high or vaccine or this is that you get silenced? |
| 0:08.0 | In China today, if you talk badly about their economy, they're de-platforming you and silencing you. |
| 0:14.6 | Let me read you a couple different things that's going on in China. |
| 0:17.2 | They're freaking out from the top. |
| 0:19.4 | So in June, three finance commentators with 4.7 million Wabo followers, Wabo was like their |
| 0:24.8 | Twitter, Facebook, and medium combined, they were blocked by the platform as a punishment |
| 0:29.6 | for. Ready? |
| 0:30.6 | Hypen up the unemployment rate, spreading negative information, and smearing the development |
| 0:35.8 | of the securities market, the Wabel account from Wabel Finance issued an instruction |
| 0:40.4 | against posting any comments that badmouthed the economy and later they deleted it |
| 0:45.9 | so means they're worried about it. Bloomberg reported that several online finance |
| 0:49.7 | influencers had been told by Wabel to avoid crossing Red Line and to post less about the economy, |
| 0:55.0 | Weboe did not reply to a request for comment. |
| 0:58.0 | China's Ministry of State Security published an article on 12th of December just a few weeks ago saying |
| 1:04.2 | there was a need to sing the bright theory of China's economy and in a separate |
| 1:09.9 | we chat the same ministry said various cliches intended to denigrate China's economy |
| 1:16.3 | continue to appear their essence is to use false narratives to construct a |
| 1:21.2 | discourse trap and cognitive trap of China's decline in order to cast doubt |
| 1:26.8 | on the system and path of socialism with Chinese characteristics. |
| 1:31.6 | They're freaking out for many different |
| 1:33.5 | we're going to talk about that today. So look I've been the financial industry |
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