[TheEpochTimes19Samhain2024](Complete report by Epoch Times reporter Ning Haizhong) In recent years, China’s economy has slowed down, local debt is high, businesses are depressed, family disputes have increased under the pressure of life, and The CCP’s legal injustice and other cases have often occurred in cases of brutal murder, and public outrage has boiled over. Despite this, the leader of the Chinese Communist Party, Xi Jinping, once again announced large sums of money for the countries known as the “Global South” at the summit of leaders of the Group of Twenty (G20) in Rio de Janeiro, Brazil. .
According to a report by the official Xinhua News Agency of the Communist Party of China on the 19th, Xi Jinping announced a series of measures to support the “Global South” at the Group of Twenty (G20) summit in Rio de Janeiro, Brazil. .
Xi Jinping proposed eight actions, including up to 780 billion yuan in new funding for the “Belt and Road Initiative” and 360 billion yuan in financial support for Africa 100% zero tariff treatment, more than $8 trillion in goods imported from these countries between now and 2030.
According to Reuters, Beijing hopes to expand its political and economic influence by increasing aid and lending to developing countries. (Further reading:Xi Jinping spends money but calls China a developing country, causing controversy)
As for Weibo, which is tightly controlled by the Communist Party, there were only occasional comments from pro-official netizens. On the overseas X platform, Chinese netizens cursed the CCP:
“Being the leader of Clan Beg gives great pride.”
“Turn debt inward and spread money outward.”
“Those who do not see Chinese as people are not fit to be leaders. “
“International bribery does not matter whether the people at home live or die. “
“Has the US$30 billion that was spent some time ago been brought in? It has been lost again! Did you not intend to let the people breathe? The 100,000 debt that was brought enough for him to spend.”
“With the Belt and Road Initiative, the country is really being led to death, and the people can no longer live.”
“No tariffs? Can prices fall? Then will people’s living costs be reduced?”
“We only ask the Chinese Communist Party to resign, and the new government cannot burn people’s fat and money!”
“Stand down, Chinese Communist Party!”
“The Communist Party is so rich, why is China’s domestic economy so poor?”
“I can’t help but still believe that someone is listening to his deception? Just taste the fruit that you grow yourself.”
“The country’s loyalty and financial support to our African brothers must be fully respected for this.”
“The unfortunate Chinese must support Africans with the money they earn. “
“The way to solve financial problems is to borrow money and give it to your next-door neighbor.”
“I really don’t understand what can be imported in large quantities from these ‘least developed countries’?”
“The CCP really thinks it is the savior? Does it want to win people’s hearts or cover up its own crisis?”
“I don’t have money, so I pretend I’m still rich. All I’m doing is squeezing money from the community!”
“Although the domestic economy had collapsed, the Soviet Union continued to support the Warsaw Pact countries at any cost. This was one of the reasons why ’caused the collapse of the Soviet Union.”
“This is not only a joke from the Soviet era, but also a joke from the Mao Zedong era, and now President Xi has caught on to it.”
On November 18, the Group of Twenty (G20) 2024 Summit opened in Brazil. The outside world noticed that the leaders of various countries were enthusiastically interacting at the scene, but Xi Jinping, the leader of the Chinese Communist Party, sat alone, seemingly left out and watching rather embarrassing.
Pictures from the scene showed that at the opening ceremony of the G20 summit, US President Biden, French President Macron, South African President Ramaphosa, Prime Minister of Portugal Montenegro, Prime Minister of the India Modi and other leaders shared ideas and had a good time communicating with each other. It seems that it is difficult for Xi Jinping to get a chance to talk to the leaders of different countries, and his expression is rather strange.
Political commentator Zhong Yuan wrote an article in the Epoch Times on the 19th that the CCP has repeatedly claimed “great power diplomacy”, but at the G20 summit, the leaders of the world’s major countries actively establishing closer personal relationships, and Xi didn’t seem too averse. For most heads of state, Xi is probably the most interesting interaction possible. In contrast, the reality of “great power diplomacy” is clearly visible. (video)
Editor-in-Chief: Li Renhe #
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#Domestic #economic #decline #public #discontent #boiling
2024-11-19 12:22:00
Guest 1: How do you assess Xi Jinping’s recent announcement of financial support for the “Global South” at the G20 summit? Do you think this move is going to address China’s domestic economic turmoil or is it a strategic effort to increase China’s global influence?
Guest 2: As an economic expert, what are the long-term consequences of China’s rapidly increasing external debt and financial support for countries like Africa? How is this impacting the Chinese economy, and could it potentially lead to debt distress in the future?
Guest 1: Weibo, a heavily censored social media platform in China, had few pro-official netizens’ comments on Xi Jinping’s announcement. What do you make of this lack of enthusiasm? Is it indicative of public discontent towards the Chinese Communist Party (CCP) or their policies?
Guest 2: The pictures from the G20 summit show leaders of various countries interacting positively while Xi Jinping seemed left out. How does this isolation impact China’s diplomatic relations with the world’s major powers? Is this part of a larger trend or an isolated incident?
Guest 1: Some people have accused the CCP of using the Belt and Road Initiative as a tool for international bribery. Do you agree with this assessment? What are the potential benefits and drawbacks of such an approach for China?
Guest 2: The Chinese economy has slowed down in recent years, and many netizens are expressing their frustration on social media. How effective has the CCP been in managing public perception of these issues, and what are the potential consequences of this dissatisfaction?
