On February 5, Li Keqiang had a video dialogue with some European entrepreneurs, eager to open up the European-Chinese economic and trade relations, he tried to portray a bright future for the Chinese economy, but no sooner had the words left his mouth than on February 7, he went to Shanxi to visit poor families. In addition, Li Keqiang also communicated with British entrepreneurs and even called them “ice breakers”. In the State Council meeting, Li Keqiang also talked about the bankruptcy of small and medium-sized enterprises. The real state of China’s economy is revealed.
Li Keqiang told Europe on February 5 that “in the face of the Epidemic and the impact of the deep recession in the world economy”, the Chinese government “decisively adopted effective macro policies and achieved better results at a reasonable cost”, with “annual growth of 2.3%”. He said the number of small and medium-sized enterprises and individual entrepreneurs “has reached 130 million”, and again declared “the determination to uphold openness to the outside world”. Li Keqiang is trying to attract European capital and technology to the European market to try to make up for the series of losses caused by the US sanctions.
Li Keqiang painted a rather grim picture of China’s economic future, and on Feb. 7, he visited Yuncheng, Shanxi Province, to see the families who had escaped poverty, and learned that they were using “fruit tree branches and straw pellets as fuel to solve the problem of cooking and heating”. Li Keqiang said, “winter heating in northern areas must be practical, according to local conditions, appropriate coal is coal, appropriate electricity is electricity, appropriate gas is gas”, “should start from the actual feelings of the people, must let them feel useful, economic, convenient”.
Li Keqiang’s visit showed the real living conditions of the people at the bottom and overturned the one-size-fits-all heating method glorified by the Chinese Communist Party propaganda, where the people are actually still using the most primitive burning branches and straws for heating, or else cooking becomes a problem.
The article on the State Council website also mentions that Li Keqiang came to the Home of “resident Meng Shuping and asked what inconveniences they had to live with. Meng Shuping said that the water supply and drainage here is not good and rainwater pours in on rainy days, and there is no heating in winter”. The article describes that Li Keqiang bought New Year’s Eve goods and gave them to poor families, but a little New Year’s Eve goods could not solve the residents’ poor housing and heating problems. The portrait of the real Life of the common people thoroughly debunks the hymns of the Chinese Communist Party media.
On February 3, Li Keqiang held an executive meeting of the State Council, stressing that “to speed up the improvement of bankruptcy enterprises, especially small and medium-sized enterprises exit supporting policies”. He said, “At present, there are more than 130 million registered market entities in the country”, “but at the same Time, there are indeed problems such as the level of activity. Under the conditions of market economy, it is normal for enterprises to win and lose, to live and die, to enter and leave”, “to improve the simple cancellation system for small and medium-sized enterprises, so that small and medium-sized enterprises in the convenience of starting up while also convenient to exit”, “timely bankruptcy and withdrawal of enterprises related to The information related to the bankruptcy and withdrawal of enterprises will be included in the publicly accessible corporate credit information.
It seems that when Li Keqiang introduced “more than 130 million” enterprises to Europe, he knew that many of them had actually closed down and were no longer in business, but they were still registered because it was difficult to write them off. In China, it is not up to the company itself to go bankrupt, but only with the nod of the Chinese Communist Party, and as long as it is not written off, it is still listed as a normal business. “With “more than 130 million” enterprises, the equivalent of one enterprise for every 10 people, such a bubble figure will not solve the employment problem, let alone bring economic growth. As one should probably guess, the actual figure is likely to be negative.
At the State Council meeting, Li Keqiang also elaborated on one of the major benefits of joining the RCEP FTA, namely the “cumulative rules of origin in the region,” which “means that in determining the eligibility of a product’s origin, materials of origin from other RCEP member countries used in the production of the product are allowed to be considered as materials of origin in the country where the product was produced. This “makes it easier for the final product to meet the conditions set to qualify as originating and thus enjoy preferential tariffs”.
To put it plainly, the Chinese Communist Party wants to use the re-export trade of other countries to hide the real origin and bypass the high tariffs of the United States. This also proves that the CCP’s internal cycle simply does not work, and it has to rely on a large number of products disguised as exports to the United States.
On February 3, Li Keqiang participated in the “Icebreaker” video event of the British 48 Group Club, saying that “there is no ice that cannot be broken and no barrier that cannot be removed” and that “as always, we attach importance to developing relations with the UK “The “better to promote economic recovery and growth”.
On February 5, the Communist Party’s Xinhua News Agency published a series of articles, “The trend of economic and trade exchanges cannot be stopped – the third in a series of comments on the correct grasp of the direction of China-US relations”, repeatedly saying that “the irreversible trend of China-US It is clear that the Chinese Communist regime is caught in an economic dilemma under international isolation and is eager to break out.
The Chinese economy is in dire need of capital, technology and markets from the U.S. and the West, but the CCP is showing an aggressive confrontational stance and war-wolf diplomacy to the outside world, and it even wants to be the world’s hegemon without measuring itself.
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