Why the Chinese People Are Growing More Miserable Under Xi Jinping's Authoritarian Rule!
This episode is hosted by Hu Liren, discussing the comprehensive deterioration of China's economy and society under the authoritarian rule of Xi Jinping, as well as the desperate plight of ordinary people. Through real-life cases—such as a 45-year-old overseas-returnee former real estate director from Tianjin who lost her job and started selling vegetables from a tricyle at a subway exit, and an MBA returnee from Shanghai who has been unemployed for years—the host points out that China's high-end white-collar workers and middle class are facing the predicament of permanent unemployment and zeroed-out assets. At the same time, the program analyzes the bursting of China's real estate bubble, the surge in foreclosure properties, the CCP's crackdown on the private economy, and the state of enslavement brought by the household registration (hukou) system, while urging the audience to recognize the true nature of the CCP and leave as early as they can.
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Full transcript:
Hello, viewers and friends! Many people are concerned about the economy in 2027—whether China's economy will improve. Just now, while chatting with a netizen and a viewer, I said that Chinese people today are not just disappointed; they are not disappointed in Xi Jinping, but rather in despair regarding the entire CCP authoritarian system, in utter despair over Chinese society as a whole.
They feel that under the strongman rule of the CCP, under the strongman rule of Xi Jinping, Chinese society simply has no future at all. That is just how it is. Therefore, people are lying flat, and some are even saying, "We are the last generation; we will not have children. Once the last generation dies, it's over, we are finished, and we will no longer serve as beasts of burden." This is precisely the current state of China today. A netizen sent me a video yesterday, and after watching it, I was extremely shocked. Actually, I knew the overall situation in China was very bad, but I never expected it to have deteriorated to such an extent—it has completely hit rock bottom. Let me play a clip for you, let me talk about it. There is a 45-year-old woman in Tianjin, a woman who back then couldn't get into Peking University or Tsinghua University, but her family had some money and sent her abroad to travel and study, earning a master's degree. An overseas returnee. Back then, China's overall economic situation was very good, in 2010.
She returned upon completing her studies, and like other returnees of her kind—minor returnees, right?—she entered a real estate company. What did this real estate company do? Interior decoration, doing things like that. She was a director of fine decoration; she was probably involved in design, involved in design.
After the pandemic, the whole situation, the national situation became terrible. You know this director, who back then made an annual salary of hundreds of thousands of yuan as an employee—an annual salary of hundreds of thousands—has now reached what level? Do you know? She bought a small tricycle and is selling vegetables on the streets of Tianjin, at a subway exit, selling vegetables.
Can you imagine it? A 45-year-old overseas returnee was considered part of the elite when she returned back then. Of course, if you were in the United States or other countries, that would naturally be top-tier elite, and typically they wouldn't return; they would be absorbed by these large international companies and later become scientists, right?
And then, at the very least, a figure like a deputy director earning an annual salary of hundreds of thousands or even millions of yuan—these are top-notch individuals. They are often graduates of prestigious schools like Peking University and Tsinghua University, and some even earn millions annually; there are many such people. I have met many such elites in the United States, working in Silicon Valley and in big companies like these, similar to such large corporations, right? Some are even at Amazon.
Listen to this, everyone! I can only listen. Back when I was earning 45,000, let alone hundreds, back when I was earning 45,000, let alone hundreds, I felt like I could easily dare to buy clothes worth several thousands. Roasted sweet potatoes, roasted corn, I would also think, how on earth did I end up in this situation? Roasted sweet potatoes, roasted corn, winter jujubes, Kyoho grapes, honey peaches, crispy pears, super delicious crispy pears—I mean, I'm already street vending, it can't get any worse than this. Close the door, close the door, close the door. I deeply understand what it means to pinch pennies. Today I only made 108 yuan. Do not regret ambiguous choices, go all in, or have nothing at all. Roasted sweet potatoes, roasted corn. I didn't get into Peking University, I didn't get into Tsinghua University, I got into sweet potatoes.
Okay, let's listen to the introduction, listen to his personal introduction, what is his situation? I am Chen Lutong, and I am 45 years old this year. Chen Lutong is a real name. I went abroad to study in 1997, and then before returning to China in 2010, I was working in the real estate industry in a position of fine decoration design management. I still read these books regularly, still reading them. As for real estate work, I worked in it for over ten years. At that time, the real estate industry was very good, the overall fine decoration budget was very high, and it was quite prosperous, so finding a job was very easy.
From supervisor to manager, and then to director, rising step by step like this, suddenly reaching the director level, deputy director level, a title like that, the kind of white-collar office worker feeling. Now, because we are unemployed, we have started street vending. Today I'm still quite anxious. I just got the sweet potatoes and corn today, and I don't know if they will sell well. I can only say I'll roast less, because yesterday I only made 108 yuan the whole day, which really depressed me to death.
Street vending at the subway entrance, selling roasted sweet potatoes, roasted corn, and then sourcing some vegetables to sell, just to get by like this. Because he probably has elderly people and young children at home, since he is 45 years old.
Well, ordinary Chinese people are just like this now, do you remember? Last year I made a video about a friend I knew in Shanghai. This person is about the same age as him, currently around 50 years old. He originally got an MBA from Fudan University. He did his undergraduate studies in Beijing and his master's degree in Shanghai, and then after graduating with his MBA in Shanghai.
He worked at an international company, a very famous international company located in Lujiazui. After the pandemic, the company closed down and pulled out. So what you see now, opposite Lujiazui, is completely empty. It's brightly lit at night, making everyone think people are working overtime, but actually many self-media creators used to run inside. Now they don't let you run in anymore because the impact was too bad, and it was being broadcast all over the world, including on some overseas English and other language channels. In other words, exposing the ugliness of the Chinese Communist Party (CCP), exposing the ugliness of the CCP. These people went to that place on purpose. I want to give a thumbs up to these self-media creators, a thumbs up to self-media. So after these companies fled, my friend's company also left. After they left, he got some.
He got some... usually when foreign companies leave, they give dozens of thousands or hundreds of thousands in compensation because he had been working at this company for a long time, so he kept looking for a job. At first, he thought that after getting hundreds of thousands in compensation, he could spend a year or two looking for a job. He never expected that he would look for four or five years and still hadn't found a job by last year, 2025. He said, if someone like me can't even find a job, how miserable do you think the economy is? And now he is facing a problem, which is what? It's his apartment in Shanghai. He bought an apartment back then, buying it in Qingpu, Shanghai, an apartment worth about three to four million yuan.
It wasn't expensive when he bought it, because he didn't have the financial strength to buy those apartments worth over ten million in the downtown area. Usually, it's like this for new Shanghainese; they buy an apartment in the slightly outer suburbs of Shanghai, or in places like Pudong. It seems he bought it at the junction of Hongqiao, Changning, and Qingpu, very close to Qingpu, which is a very convenient place. That place seems to be called Xujing, Xujing, where you can take a train directly from the subway entrance. Back then, taking the subway to enter the city center was very convenient from there. The purchase price back then was, I estimate, around four million yuan.
About three to four million yuan, more or less. The apartment wasn't big, he bought an apartment and lived in it. Back then, he had an annual income of several hundred thousand, about 500,000 to 600,000 yuan. He could completely afford the monthly mortgage. He never expected that after suddenly encountering this situation, the entire Chinese economy collapsed. So this is what is called permanent unemployment. Then he sold his parents' old house in his hometown to pay the down payment.
Houses in hometowns aren't worth much, right? Houses in the north aren't worth much—he is a northerner—houses aren't worth much. That house, maybe sold for 100,000, 200,000, 300,000, or 400,000 to 500,000 yuan. After selling it and coming to Shanghai, he added some of his own money to make the down payment. Think about it, to buy a four-million-yuan apartment, if the down payment is 20% or 30%, you have to pay 1.2 million for a three to four million apartment. I estimate he also had some help from relatives and friends; it was probably a situation like that.
So every month he had to pay back, I estimate, probably over 20,000 yuan. But given his income at the time, it was very easy for him to change jobs back then. That is to say, if he didn't work at this company, he could immediately go to another company, and he was highly experienced, highly experienced. As for what happened later, everyone knows, and I specifically made a video about it.
Regarding his situation—of course, I didn't mention his name—after I talked about his situation, he spent four or five years looking for a job. He said, "I started looking in Shanghai, and later across the entire region of Shanghai, Suzhou, Wuxi, Changzhou, Jiangsu, Zhejiang, such as Ningbo and Hangzhou, looking in places with relatively better economies." He said, "As long as I have a job where you can offset my expenses every month, I am willing to go to work." He might have elderly parents to take care of, and they had also come to Shanghai, plus he had a child.
He didn't expect that he wouldn't be able to find a job for so many years. He said, "In the end, I even considered going further away to places like Hefei in Anhui. Now, because the high-speed rail is relatively convenient, or places like Changsha in Hunan, or Jiujiang in Jiangxi, if I could find a job, I would try my best to find one." He said, "I couldn't find a job in any of these places, and what did it eventually turn into? It eventually turned into unemployment, long-term unemployment." Then he told me, "I have to find a way to leave this country." He said, "There is no hope in this country." And what was the most important thing? The most important thing was his son, he has a teenage son. He said this son has now turned into a little brainwashed idiot.
He said his son's only goal—if you ask him what he wants to do—his only goal is, "I want to join the military, I want to serve the motherland, I want to defeat this, I want to liberate Taiwan." He said, "My child has already been brainwashed by the Chinese Communist Party (CCP)'s ideology and has turned into a little brainwashed idiot." He said, "Furthermore, this is my...
...this is my reason for hating the CCP the most." He said, "So I must find a way to escape this country, escape this country. I can't stay anymore." He said, "I will arrange for my parents to go back to our hometown, where there might still be some very old houses. I'll find a way to renovate the old house so my parents can stay there. I will take my child and find a way to leave."
The whole family is leaving China, they can't stay any longer. He said staying in this country is too evil. Look at the 45-year-old girl we just saw, from Tianjin. Look at these people, whose parents were relatively wealthy and sent them abroad. You want to study overseas? No matter what, at the very least, you have to spend nearly a million yuan on them. What did it end up as? It ended up with them roasting sweet potatoes at the subway entrance because they were forced by life. You don't have this job. This is the current situation in China, this is the situation. A large number of these mid-to-high-end professionals can no longer find jobs.
What will the country do? Some say 2027, some say 2026, do you still remember? In 2025, at that time, a year ago, around September or October, some people were asking me how China's economy would be next year, and how China's real estate would be next year. Look, I have always been bearish on China's economy, always bearish. I tell you, I previously did industrial economic research for ten years, and I understand the entire structure of China's economy very well.
My friends, the crowd in our circle, are all doing this kind of work, so our sensitivity to the economy is much higher than others. Of course, the information we get is completely mismatched with that of ordinary people. So I came to a conclusion in 2018, saying that Chinese real estate would drop by at least 35% within three to five years, at least drop by 35%. Look at how accurate that was, how accurate! You know, we calculated this using mathematical models.
Then, combined with the political direction of China's economy at the time, we established this target, which was a drop of at least 35%, right? Now look at China's economy today, right? This is professionalism, this is professionalism. So by 2019, when I went to the US in 2019, many friends returned to China and sold their houses in 2019. Think about it, houses sold before the pandemic. After the pandemic, in 2020 and 2021, everyone was still hoping.
They were still hoping. Where lies the evil of the CCP? The evil lies right here: when they knew they were going to do this and bring down the real estate market, they maliciously pushed up a wave, using these policies, real estate policies, and regulation policies to pull up that wave, letting the ordinary people get sucked in all at once. This is the most evil part of Xi Jinping. Look, when it falls, it doesn't drift down slowly; it plunges rapidly.
Look, after China's Xi Jinping came to power, China's stock market also fell, the stock market also fell, it's all like this. What is this? This is a trap. So everyone must remember the lies of the CCP. "China's rivers and mountains belong to the people, and the people are the rivers and mountains," "the CCP is for the ordinary people." I tell you, the CCP is always deceiving the ordinary people.
He has always treated the Chinese people as his enemy. The Communist Party, look at Xi Jinping, how cruel is he to the Chinese people, how cruel? You should at least give the people food to eat, you should at least not let the people go bankrupt, right? Do you know what it means for a family to go bankrupt? You know, right? It is despair, the whole family is in despair. Everyone remembers, right? For a while, some people had their whole families commit suicide. Now, situations like this are increasing, more and more, and this is the real situation in China today.
Right? The general manager of a real estate company, his annual salary—he originally did fine decoration—his annual salary should be over 500,000. This young girl should be over 500,000, probably making 30,000 to 40,000 a month, at least 30,000 to 40,000 a month in income. Look at her situation now. Every day she said—she said the other day she was driving an e-bike, because of copyright issues, a few times I showed you this stuff, and then the post management sent me an email meaning don't show it, because it involves other people's copyrights, so I won't post it now. He was driving a three-wheeler, an electric three-wheeler, they are all driving electric three-wheelers now, every day packing things from home, buying things, going to the wholesale market, and after getting everything ready, setting up a stove there to bake electric oven potatoes, baking roasted sweet potatoes with an electric oven, using maybe a battery, or coal, or something, using this—just think how miserable it is, as miserable as it can be.
This is under the current Chinese economy, Xi Jinping, I tell you, Xi Jinping is very cruel to the Chinese people, very cruel. Everyone should no longer expect—I tell you, in 2027 the economy will be even more miserable than now, even more miserable. Over the past couple of days, the Communist Party's propaganda department has been bragging, bragging about what? That is, China's economy, China's real estate will go back up, rolling out all sorts of policies. Actually, what is it? A fishhook. A fishing hook to get more ordinary people to take the bait. They still have some inventory now, and they want to clear out this inventory, and after clearing it, they will go to harvest the Chinese people again, over and over again, making the Chinese people—you Chinese people are actually still quite naive, ordinary people often just look at money, look at just the immediate present, they cannot see very far, cannot see very far. Under such circumstances, it is very easy to take the bait. Once you take the bait and get hooked, you are finished.
Now the situation is just like this. Everyone remember, in a few years, if Xi Jinping does not step down next year, then the era of ordinary people in China eating chaff is coming, the era of eating chaff. What kind of society is Chinese society now? Look, everyone, look, in the past Chinese imperial society, everyone said imperial society was a feudal society. Well, after the Republic of China, well, it turned into a modern, somewhat embryonic form of modern society, a political model, the modern political framework, the government's political framework was somewhat like this modern model. Well, as soon as the Communist Party came, what did it become? It became a slave society. A slave society circles people up, circling people up with the household registration system. Look, during the Ming dynasty, from the Qing dynasty to the Ming dynasty, people were like this: the Chinese government, it would not stop you. You could, for example, if you had money, you could go to the West to study, you could go study anywhere, you could go to Nanyang to make a living. Look at more than a hundred years ago, look at how many people fled to Nanyang? You went to Nanyang, to those places, Malaysia, Singapore and those places, many of the foreigners there were Fujianese and Cantonese living there. At that time, the Qing government did not stop you, you could leave.
You had the right to freedom of migration, you could move from one family, from Beijing, you could move to wherever? Well, after the Communist Party came, once the household registration system came, everyone was tightly controlled. You die, if you starve to death you can only starve to death in that place, you have nothing at all. In the end, what the Communist Party used was called the ration ticket system. The ration ticket system meant that without ration tickets, you could not buy food, you had no private land of your own to grow food. Not to mention urban workers, even peasants had no way to farm, joining production teams. As long as you went to the production team and said you were starving to death, and went to the production team to dig up a sweet potato, you were stealing state food, stealing collective food, and you were guilty. You couldn't even steal or dig when you were starving to death. That is what the Communist Party's system is. And what is this system? This system is actually a slave society, it is slavery. Therefore, I said in my video the other day, one is that what Xi Jinping is engaging in is an imperial system, he acts as the monarch, these Communist Party officials are all lackeys, and under the lackeys are all slaves, all slaves.
So, on average, one lackey manages ten slaves. In other words, one hundred million lackeys manage a total of one billion people, meaning nine hundred million lackeys and one hundred million slaves—that is how it is. And then, the tentacles of the Chinese Communist Party (CCP) reach everywhere, to the streets, to the villages, to every single community. It is complete control; you simply cannot escape. The CCP, and this is why Xi Jinping hates them so much, hates the ordinary people. He hates the ordinary people, and he is very clear about this. To run a dictatorship in China, to make his own family wealthy, what is the only way? Only enslavement. Because all production and all wealth are produced by the ordinary people. If the ordinary people have money themselves—look at feudal society. In feudal society, back then, ordinary people could control themselves. Although there were high tax burdens and taxes, ordinary people had their own right to survive, could do business, had their own businesses to run, and could freely choose their own professions. But since Xi Jinping came to power, in the future, your era of free professions will mean no free professions. Where would you find freelancers? There won't be any; you can only go to one place, to work at state-owned factories. In the future, Xi Jinping will implement this exact system. So why are China's private entrepreneurs disappearing one by one now? Let me give you another terrifying piece of data.
A couple of days ago, a friend, a friend from Shanghai, was still talking to me. We were chatting, and do you know where he lives? He lives in Sheshan, Shanghai. Sheshan has several of the most top-tier communities, and he lives in one of those top-tier communities. He told me that in their community, the current property management—that is, the houses being sold there are extremely cheap. How cheap? They are all foreclosed properties, not normal transactions. Do you know what foreclosed properties are? In other words, he said the vast majority of the houses inside their community are foreclosed properties. A foreclosed property means the owner of this house has already had their assets seized. Now, the people who buy this kind of house are usually China's top wealthy elites. For these bosses who bought houses in that area, or the top bosses in the East China region, what was the price of those houses? I tell you, in the past, the houses were fifty million to one hundred million yuan; a thirty-million-yuan house was almost very rare, non-existent. He lives in that place, and his house is about forty to fifty million yuan. When I left China, that house was forty to fifty million yuan. Just think, he said almost all the houses inside are foreclosed properties without exception. What does foreclosed properties mean? It means all these bosses have been taken out by the CCP.
Therefore, for ordinary people, foreclosed properties are very rare, not many. The higher up you go—it is currently an entire ladder system—the higher your property value, the more foreclosed properties there are at the very top. It might be that at the very top, perhaps ninety percent are foreclosed properties. One step down, for houses worth twenty to thirty million yuan, perhaps sixty to seventy percent are foreclosed properties. What do you think comes next? From this point, we can see what Xi Jinping is destroying now. He is starting by destroying the wealthiest ordinary people and the wealthiest bosses, working his way down, and continuing down until eventually... In the future, everyone remember, in the future, if you have cash in hand exceeding one million or two million yuan, he will definitely target you, definitely target you, and will use all kinds of means. Because further down, for ordinary Chinese people, if you have several million in cash deposited in the bank, then you are extremely wealthy. Because this money—usually, people who had money in the past, people who had several million in cash in hand, have usually already invested it into real estate, got dragged into it, and now have nothing left. Having a few hundred thousand in cash in hand is already extraordinary. If you still have several million in cash, one million, two million, or three million in cash in hand now, he will definitely target you.
Therefore, Xi Jinping is too ruthless to the ordinary Chinese people, so ruthless that the ordinary people now have no way to survive. The ordinary people are already in complete despair, complete despair. So, as for the CCP, do not count on me. I am making this video to tell everyone that you must not hold any illusions about China's economy or China's politics. After this goes down, there is only one, only one scenario in which China's economy will recover. Only one scenario, which is the collapse of the CCP and the downfall of Xi Jinping. Then, China's economy might have a major breakthrough, just like Japan after World War II, just like Germany after World War II, just like when Japanese militarism was eliminated and German Nazism was completely and thoroughly wiped out, thoroughly eradicated. Under such circumstances, the economy of the entire country will gradually develop. In the future, China's economy will definitely be good, as long as the CCP collapses, as long as Xi Jinping falls. This is the chief culprit harming the ordinary Chinese people. So remember, when anyone around you speaks well of the CCP—they can love the country, but they cannot love the Party—whenever they speak well of the CCP, do not treat them as a human being, do not treat them as a normal person. This person is already terminally ill.
This is the current situation in China. You talk about the common people; the common people have absolutely no way to turn things around. Relying on your individual strength, you have no room for reversal; you only have one way out: to flee. I have been saying since I left in 2018 that people need to flee. Just think about it, isn't it better to flee as early as possible? Look, even Lao Liang has fled, all these people are fleeing; there are really too many people fleeing abroad. Everyone, remember, under the tyranny of the Chinese Communist Party (CCP), especially under the authoritarian politics of Xi Jinping, the common people will become increasingly miserable. If you don't believe it, just wait and see. Look at what kind of life the Chinese people will be living in 2027. I just showed you this video, and you have all seen it. Don't think he is the most miserable; you are wrong, there are many who are even more miserable than him. You know, as things continue, there will come a time when they won't even let you set up a stall. You know, in the era of Mao, there was no private economy at all; there was no private sector, none at all. I once told a story: when I was in elementary school, that was in the 1970s, Mao seemed to have not died yet.
I lived in Xujiahui, Shanghai. Further out from Xujiahui, there was a place that used to be a stadium—there wasn't even a gymnasium then—and below Zhongshan West Road, it was all countryside, all farmland. There was a peasant woman, wearing a headscarf, quietly asking passersby if they wanted to buy eggs. After she was caught by a few people wearing red armbands, they smashed her entire basket of eggs, and she burst into tears. That scene was so miserable. I was very young at the time, and when I went home and told my parents, my mother said that they were too evil. They said that people in the countryside had no jobs; they were earning work points in production teams. Actually, in that era, do you know who was the most miserable? People in the countryside were the most miserable. Workers at that time still had food and drink; you had a job, and no matter what, even if the economy was bad, you just ate fewer vegetables or less meat. The countryside was truly bitter, really bitter. Every day, they worked barefoot in the fields, carrying hoes on their backs. I saw these rural people back then. So, I tell you, Chinese people, remember, the CCP is the enemy of all Chinese people; you must oppose it. If you don't oppose the CCP, you can only be slaves for generations. Alright, thank you for watching. I hope everyone can break free from the rule of the CCP. If you can leave, leave as soon as possible. God will punish and eliminate this evil CCP. Thank you for watching, and see you in the next episode.