[New Tang Dynasty News, Beijing time, February 11, 2024]On the first day of the Lunar New Year, the Chinese Communist Party media published an article boasting about China’s economy, saying that “the scenery here is unique.” Financial expert Xie Jinhe warned that China’s stock market is falling out of control and China’s tragedy “will be beyond everyone’s expectations!”
On February 10, the first day of the Lunar New Year, the party media “Guangming Daily” published an editorial titled “Live a Better Life,” saying that although “the global economy is still sluggish, the 17,000 China-Europe freight trains we have shipped, our The record-breaking total economic volume of 126 trillion yuan (126 trillion yuan), “the scenery here is unique.”
Prior to this, the party media “People’s Daily” published an exclusive interview with Renate Koppe, Secretary of International Relations of the Communist Party of Germany on February 2. Koppe claimed that China’s “entire country is permeated with an atmosphere of optimism.”
The article triggered ridicule and curses from Chinese netizens: “Keep bragging, don’t stop.” “In a socialist country, as long as you don’t speculate in stocks, buy funds, buy a house, or start a business, your life will be easy and your life will be prosperous. There is an atmosphere of optimism throughout the country.”
In fact, it was the leader of the Communist Party of China, Xi Jinping, who was the first to boast that China’s economy has “uniquely beautiful scenery”. On February 8, Xi praised himself at the New Year’s Group Visit of the State Council of the Communist Party of China, saying that looking at the world, “the scenery here is unique.”
Xi’s remarks aroused public ridicule. Independent commentator Cai Shenkun published an article on the overseas X platform, saying that looking at the world, “the scenery here is only the best” is obviously “self-narcissism and looking at the sky from a well.” The past year has been an extremely difficult one for China. The Troika that drives China’s economic prosperity has stagnated and almost all economic indicators have deteriorated.
On New Year’s Eve, China’s stock market plummeted, with thousands of shares hitting their limit. The Chinese Communist Party’s emergency rescue measures barely kept the A-share index at the red line of 2,700 points, but the outlook remains uncertain. Experts said that the downturn in China’s stock market is related to the lack of economic improvement. Investors have no confidence and it is difficult to boost the stock market.
As the party media boasted about China’s economy, Taiwanese financial expert and chairman of Caixin Media Group, Xie Jinhe, posted a post on Facebook on New Year’s Eve, warning about China’s economic prospects.
Xie Jinhe said that New Year’s Eve is the end of the Year of the Rabbit and the last day of the Year of the Dragon. It is also the first time that China does not have a holiday on New Year’s Eve. On this day, several important changes will occur in the world!
The first is Taiwan’s “Economist” magazine. In the past three years, around this time, Taiwan has been on the cover, threatening that Taiwan is the most dangerous place on earth! But this time the cover was replaced by President Xi Jinping, the leader of the Communist Party of China, who was tied up by the linear decline in stock prices. The title was “Who is in Control?” 》This shows that the decline of China’s stock market, in addition to the change of leadership of the China Securities Regulatory Commission, shows that China is out of control.
Second, Japan’s Nikkei Index officially crossed the 370 million mark today and continues to advance towards 38,957 in 1989!
Third, Taiwan has a New Year’s Eve holiday, but many Taiwanese investors feel their wealth is increasing because stocks in the TSMC and ARM semiconductor industries have surged.
Xie Jinhe said that as The Economist continues to badmouth Taiwan, Taiwan’s value has always been underestimated, while China has been seriously overvalued. As early as 2017, he predicted: “No one believes in Taiwan’s future success! China’s misfortune will be beyond everyone’s expectations! And Japan’s success will be beyond everyone’s expectations!”
Xie Jinhe said, “After seven years, on the last day of the Year of the Rabbit, these phenomena are all emerging today!”
(Comprehensive reporting by reporter Luo Tingting/Editor in charge: Wen Hui)
2024-02-11 17:32:49
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