Pro-CCP Delivery Riders Go Bankrupt! Shouting “Smash Taiwan Independence” and Donating Their Fortunes, Beijing Compels Social Insurance Payments or Fines of Triple the Amount? Little Pinks Flee Overnight, Taking Out Loans Hoping to Live in Taiwan

This episode discusses China's recent nationwide implementation of retroactive social insurance contributions and strict enforcement policies, which have led to heavy economic pressure for many delivery workers, new job seekers, and small-to-medium enterprise owners, even triggering phenomena such as "paying to go to work" and waves of wage cuts and layoffs. The program compares the differences between the pension systems on both sides of the Taiwan Strait, points out issues with local governments embezzling social insurance funds and inflating fiscal data, and analyzes China's weak domestic demand, local government fiscal dilemmas, and the investigation of assets belonging to overseas tycoons.

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Recently, there are many Little Pinks who were shouting not long ago about attacking Taiwan, taking down Japan, making the Democratic Progressive Party step down, fiercely criticizing Puma Shen, and offering to donate whatever it takes—shattered bones and bodies for the motherland without hesitation—only to end up bankrupt now and having to pay out of pocket just to work. To tell this story, we have to start from mid-October, when the CCP announced that starting October 1, it would strictly enforce the law, using big data to track down anyone who has not paid their five social insurances and one housing fund in accordance with the law, with fines ranging from one to three times the amount owed. Let's first take a look at how this particular Little Pink, who talked big about donating to attack Taiwan, ultimately suffered a brutal encounter with the iron fist.

Crush the Democratic Progressive Party, crush Taiwan independence elements, resist external interference by foreign forces, and separatist acts against the motherland will be severely punished. Very inspiring, right? Just watching it makes you feel like the Chinese nation has already achieved its great rejuvenation. The plot twist arrives immediately: the Party Central Committee in Beijing heard your appeal and handed you an automatic social insurance deduction consent form, out of goodwill. Let's take a look at how miserable he is now. Brothers, I am having such a hard time; doing this delivery doesn't even reach the local minimum hourly wage, and I have no other choice. What might the hourly wage be? 15 or 18 yuan. According to the research I've gathered, many delivery workers in China work under platforms like Meituan or Ele.me, right? And when they start out, they have to pay for their own social insurance first, and then apply for a certificate a few months later, after which these delivery companies like Meituan will subsidize you, with some even subsidizing up to half.

OK, so here is the question: how much do we Taiwanese pay for our labor and health insurance? Yes, very little. But the problem is, compared to Taiwan, their social insurance and healthcare system works like this: suppose someone is delivering food in Shanghai, and their monthly income is less than 7,000 yuan; it has to be calculated based on a 7,000 yuan base, and they are considered an individual contributor who has to pay for it themselves at first, right? Later on, there is no company helping to cover a certain percentage, so the social insurance they have to pay is around 2,200 RMB. Moreover, if they want to make over 10,000 a month or something, they have to treat themselves like human resources and run orders non-stop. And here is the kicker: if they don't meet the qualifications, or if they stop paying midway, or stop delivering for a period of time, Meituan might not reimburse them that 30% or 50%.

And the point is, many Chinese delivery workers were bragging over there, treating themselves as human resources, saying, "I make 10,000 to 20,000 RMB a month, right?" and they weren't paying social insurance. And now the CCP Central Committee has spoken, demanding that all your social insurance be paid back retroactively. So I wonder, this Little Pink with the very low hourly wage—have you paid your social insurance yet, or have you not? If you are in such a miserable state and haven't paid yet, remember to go pay, because November 1 is coming up fast. Furthermore, I also checked a data report published by the Chinese government and found that in 13 provinces and cities across China, over 40.6 billion RMB in pension funds were illegally used to pay for the government's daily operating expenses and local debts, using pension insurance funds to temporarily cover the daily expenses of official business and municipal operations. And now they are demanding that everyone pay even more social insurance. This means you've already dug up the eastern wall, and you can't even patch it back; now you need both the northern and southern walls to make up for it, right?

You see, the minimum pension for Chinese farmers is only about one to two hundred RMB, but retired civil servants, retired military, public, and educational personnel—their pensions can never be cut off. Let's take a look at this video that breaks the hearts of all Chinese netizens. Wow, look at this, military, public, and educational personnel retired from a military compound, getting 20,000 RMB a month, while those rural micro-entrepreneurs and ordinary folks only get one to two hundred, or two to three hundred RMB per month. Yesterday during my livestream, I mentioned that in Taiwan, our farmers' retirement has things like farmers' insurance and old-age allowances added together; if you report a bit higher, your retirement can reach thirty to forty thousand, or even forty to fifty thousand, and a lower one is still twenty to thirty thousand, right? I said my grandma is a farmer, and her retirement is also around thirty to forty thousand. Yesterday during my livestream, many Chinese netizens had a mental breakdown, saying how could a farmer in Taiwan have a retirement of around 9,000 to 10,000 RMB while ours is only one or two hundred, three hundred, suffering a massive defense breakdown. That crying Little Pink in the front—the money they earned is actually used to support these people.

And here comes the truly horrifying part: the CCP officials responded, saying that if you have already retired but obtained foreign citizenship, such as a U.S. passport, you can still collect your CCP retirement pension. Look at this comment, it really hits home. Let's see what they said: nowadays, the social security money or taxes you pay are mostly taken away by people like our parents. Look at where my IP is, and you'll know. The IP shows Australia, which is where Yang Lanlan is located. Now let's look at the next iron-fisted video: I just got off work, and my boss told me that my social security is deducted from my salary. Originally a 2,500 RMB salary, after social security deductions of 1,800, only 700 RMB is left. I work 22 days a day—meaning my daily salary every month is only a little over 30 RMB, paying out of my own pocket to go to work.

Because he is interning in a lawyer position, the company forced him to pay the social security proportion that the company was originally supposed to cover for him. This means that during his internship stage, his daily salary is only 30 RMB—how much is that in Taiwan dollars? It's even less than our minimum hourly wage. Subtracting his daily food and transportation expenses, it's equivalent to him paying money to go to work, relying on his parents for relief, and even taking out loans just to go to work. Why are many Chinese entrepreneurs or bosses unwilling to pay insurance, and even in some places helping employees pay social security according to the minimum standard? The reason is very simple, OK? Suppose I, Hsiung, am a small and medium-sized enterprise boss in Shanghai today, for example, an employee under me earns 10,000 RMB a month. But you know what? As a boss, my actual expenditure is actually around 13,000+ RMB. These 3,000+ RMB are costs I, as the boss, have to bear for the employee according to CCP social security regulations. Then what about the employee? How much does he actually get in hand? 8,153 RMB. In other words, the CCP government takes a total of around 5,000 RMB from both me, the entrepreneur, and my employee. On the surface, the employee's salary is 10,000 RMB—look at how much he actually gets. This burden ratio is far higher than Taiwan's labor and health insurance, right?

However, in these past few years, these past ten years, the huge sums of money embezzled by fallen corrupt officials under Xi Jinping—not only did they not announce how much Li Shangfu and Zhang Youxia embezzled, but they also didn't truly channel this money into China's domestic demand market to revitalize China's economy, right? So where did the money from the corrupt officials he caught go? Did it just end up in the pockets of another batch of people? Next, let's look at the third pink facing the iron fist. Recently, many companies in Xi'an are discussing wage cuts. The root cause is this matter of paying social security in full. Companies don't want to shell out this money, so who do they look for? The employees. How much is the wage cut? Most of the wage cut magnitude is actually passing the extra social security portion the enterprise has to bear onto your wages, deducted right from your salary.

At this time, three types of people emerge. The first kind cannot endure it and directly resigns without taking a single cent. The second kind fights to the end and refuses the wage cut, and after refusing the wage cut, the situation that might arise is the company laying people off, or another situation might be malicious forced resignation by the company. Or the third kind, agreeing to the wage cut. After all, the macro environment is bad, and if the post-cut salary is still okay compared to recruitment salaries of other companies in the market, they just keep working. And this video also echoes my explanation just now: now it has caused quite a few bosses and small-to-medium enterprise owners in China to prepare to lower employee salaries or lay people off to pay less social security.

Look, because China's domestic demand is currently sluggish and everyone's consumption power is weak, and the CCP's policies of tax collection, back-tax collection, and social security payment have come down, my enterprise might cut wages and I might expand layoffs. Then please tell me, how are you going to stimulate the domestic consumption demand you originally aimed to achieve? So I said, Xi Jinping, your starting point to revive the economy, catch corrupt officials, and illegal enterprises is good. Why didn't you think about why enterprises violate rules and why these employees don't pay social security? Turns out it's because the tax base I set is too high, and turns out civil servants collect enough, and I, the Communist Party, started as sons of farmers and a peasant army, yet I give farmers one or two hundred RMB. Our former President Tsai Ing-wen knew back then that our fiscal situation had some problems, so she heavily slashed the 18% pension for military, public, and educational personnel that the Kuomintang recklessly promised higher than ordinary people, narrowing the retirement wealth gap, and didn't hesitate to offend the privileged class. And Xi Jinping? And this isn't even the most outrageous part.

A few days before October 19, the Chinese Communist Party announced that officials from the National Council for Social Security Fund were being transferred for investigation due to suspected power-for-money deals, corruption, and embezzlement of public funds. But do you know what the irony is? Looking back at the ones who fell from grace—for instance, back in 2019, it was already projected that based on the population and fiscal assumptions of that time, China's basic pension insurance fund could be depleted by 2035. And now, the CCP Central Committee accuses them of corruption and power-for-money deals. Doesn't this make you raise a question? Therefore, I believe Xi Jinping truly feels from the bottom of his heart that the nation he took over had long been over-borrowed and drained dry during the eras of Jiang Zemin and Hu Jintao, and that they even washed the money out of the country. This game might have been able to continue if US-China relations were still sweet, but now the US is no longer letting you make money. What you are facing now is economic competition and decoupling between the US and China. Xi Jinping must boost domestic demand, recover the loopholes and corrupt money from the Hu-Wen and Jiang eras, as well as the power-for-money deals, but he has used the wrong methods.

Yet the story doesn't end here, because we have been discussing why local governments across China are misappropriating funds. Now let me tell you something even more ridiculous: the National Bureau of Statistics of China announced that GDP growth for the first three quarters was 4.6%. Wow, so high, congratulations to China! But a closer look makes you faint: social consumer goods in China for the first three quarters—meaning grassroots consumption—grew by only 1.1%, and even that was propped up by transportation and logistics costs driven higher by the Middle East wars. Private fixed asset investment dropped by about 10%, and real estate investment fell by an even greater 20 percentage points. Why does GDP look like it's running a sprint, while private investment is stepping backward? Why are some factories expanding exports, while real estate, general consumption, and private investment perform so poorly?

Suppose a Chinese city has a large number of factories relying on low prices, exports, and products from previous years to keep selling to the US and Europe, yet making nowhere near the profits they did in past years, with only the volume looking high and large. In the same city, homebuilders are gone, unfinished buildings are everywhere, the catering industry on the streets is losing money after deducting costs, business is desolate, and the salary increases for young people in the service industry are extremely limited. Moreover, some bosses dare not hire anyone anymore, and now you are going to strictly audit social security. You will only turn this economy into an even more stagnant pool of water. Is it possible that the economic aggregate of this city still grew? Of course it is possible, because China has also benefited from the AI craze driven worldwide, including their long-term storage, various chips, memories, etc. Why? Because it includes lower-end factories from TSMC, factories of other European and American brands, and our Taiwanese manufacturers' components and electronic products in China, which are exported once, exported twice, and then assembled in Vietnam, and so on—all of these must be included in China's customs statistical data. Even China pays people to set up factories elsewhere and then manufactures these export transactions, and then shows them to the Little Pinks, saying, "Look, our trade volume has reached human..." This is simply the Ponzi scheme that China loves.

However, most of you Little Pink commoners at home, just like the shaved-head Little Pink we saw earlier, say, "Our country is so powerful, I want to crush Taiwan independence." But why is my money getting scarcer? Why can't I make money? Even more absurdly, I found another latest report released by China just this June, revealing that 21 provinces and municipalities actually used fiscal operations to artificially inflate figures, and some enterprises were even overtaxed by the government, collecting goose-city taxes in advance, resulting in excessive tax collection. On one hand, the CCP officials tell you the economy is growing steadily, while on the other hand, many local governments are found to have inflated fiscal revenue, collected taxes in advance, and even illegally misappropriated specific funds.

Audience members who watched my live stream yesterday should all know that a Pink left a hostile comment, saying he earns 8,000 a month, and after deducting 500 for social security, his take-home pay is 7,500, with rent at 700. As a result, he was rebuked by Chinese netizens who also watch me and have correct values, asking, "Is your 700-yuan rent in a massive shared dorm? Is it a pigsty? Or is it the kind of level where court maids all live together? Or are you tax evading?" Then he explained, "No, no, I'm insured at the minimum social security tier." Following that, I blasted him, saying, "In that case, either you are breaking the law or your company is breaking the law. If you earn 8,000, you must pay based on the 8,000 bracket; you shouldn't pay based on the 3,000 bracket. After November 1, not only will you start being chased for what you should have paid, but if you have insured at the minimum for three years, you have to make retroactive payments for those three years. If the amount you and your employing company need to make up exceeds a certain base, you will also have to pay a fine of 1 to 3 times the amount to the CCP Central Committee." Then he disconnected and left the stream. It looks like he is getting ready to run and walk the line. It seems that after October 1, he won't be in China anymore.

Let us continue to look at this video clip, which can prove that what I said in my livestreaming yesterday was completely and basically correct. It is strange how I, someone outside, care more about your hardships—you Little Pinks who love your country and the Party—than you do yourselves. The new social security regulations are about to be implemented starting on the 1st of next month. So here comes the question: in a tier-3 or tier-4 city like Enshi, originally most enterprises either did not pay it, or only paid social security based on the minimum wage standard. Under the new regulations, units that fail to pay or underpay will be included under violations of tax collection and administration for punishment, right?

As I just mentioned earlier, Xi Jinping's initial goal was to revive the economy, but it backfired, increasing deflation and North Koreanization, and even making the already deteriorated fiscal situation worse. Let us do the math first. Taking manufacturing enterprises within the Enshi High-Tech Zone as an example, labor costs generally account for about 30 percent of a company's total costs, and the cost of normally paying social security accounts for about 30 percent of the labor costs. This means that social security alone accounts for 9 percent of the company's total costs, while the net profit of most manufacturing companies is only around 5 percent. In other words, the cost of social security is nearly twice the net profit of the enterprise. For enterprises, this is no longer a question of whether to comply, but a question of whether they can even survive if they comply. Business owners are not stupid; if they cannot sustain the costs, they will either lay off workers, cut wages, or outsource. No matter which option, the money ordinary workers actually get in hand will decrease, and overall consumption will shrink further.

Regarding this matter, over this period of time, through chatting with enterprises and enforcement personnel, I found that all three parties are extremely anxious. Business owners are anxious because full compliance leads to losses while non-compliance leads to investigation; tax personnel are also anxious because their superiors push quotas from above while the grassroots face public sentiment from below, making them despised from both inside and out; workers are also anxious because they fear both that their company will go bankrupt and they will lose their rice bowl, and that their social security has not been paid enough, leaving their medical care and old-age security without a future fallback. So you see, everyone is anxious, which shows that social security has fallen into a huge dilemma and faces three paradoxes.

The social security that your enterprise has to bear actually eats up the profits of the enterprise. In Taiwan, a government like this would be voted out of office. If the central government in Beijing can continue to provide for them, then the fiscal situation can certainly be eased. However, if retired personnel continue to increase without more young people to shoulder the burden, the local labor population will become increasingly scarce—not to mention that there are no orders for you to keep working—then how can these localities balance your long-term revenue and expenditure? Therefore, I have been emphasizing that China today is a social structure akin to the Ming Dynasty supporting princes, which ultimately generates the problem of fiscal collapse, much like the late Soviet Union facing bankruptcy in its competition with the United States.

Then let us show you an even more absurd example. As early as 2025, Hubei Province launched a product called social security loans in cooperation with local banks. But do you know how official organs of the CCP promote this policy? They call it the warm social security path, and especially emphasize that this is our Chinese government, financial institutions, and the people... Wow, do you know what this would mean if translated to the context of Taiwan? Viewed from the perspective of us Taiwanese, it would be as if the Taipei City Government and the New Taipei City Government jointly launched a labor and health insurance loan project with local banks, claiming it is especially warm and caring for the people for a win-win situation. Anyone who has a job can certainly afford labor and health insurance, and the proportion is quite low, right? We all see what ordinary bank loans or those in cooperation with the government are: youth housing, youth entrepreneurship, mortgage loans, right? Or you yourself want to buy a car from a bank with a car loan, or startup capital, and so on. As a result, last year the CCP's country proposed loans for the five social insurances and one housing fund, as well as labor and health insurance. Look at how far this country has gone crazy, and to what exaggerated degree of poverty it has reached: benevolent loans, malicious laboring, and warm-hearted social security.

And do you know what has the most contrast? Just while some ordinary Chinese people are worrying about social security, Bloomberg News and Reuters have broken the news again that the Chinese government is investigating the trusts and assets of those tycoons overseas. Right now, 8 top Chinese tycoons are being investigated, along with their beneficiaries, and about how much assets will be frozen—140 billion US dollars. Therefore, it is not just Chinese tycoons who are being fleeced now, but even the middle class, as well as those Little Pinks whose hourly wages are less than 8 or 9 yuan. Many people have worked hard to pay for 5, 10, or 20 to 30 years, and in the end, when their parents get old—and their parents are not insiders within the system—if there is not enough money for medical treatment and living, they still have to take out loans for social security, and still have to worry about which violation will require making up for tax evasion. Moreover, the government will not handle it properly. We can see from this data that it is extremely exaggerated: thousands or tens of thousands of people are fighting for a single civil servant position. What does this mean? Everyone knows that being a civil servant comes with a guaranteed pension. Surely the Little Pinks would say, doesn't China have an audit office? Doesn't it have the Central Commission for Discipline Inspection? Yes, it does, but today a lot of news, and many matters, involve Xi Jinping personally taking charge; we must admit this point. However, there is a problem: under the one-party dictatorship of the Chinese Communist Party, these independent media, civil society supervision, and the other eight democratic parties are all forced to compromise with the Communist Party and cannot effectively supervise like Taiwan's opposition parties do, let alone act as a counterweight or even force a cabinet resignation. Besides waiting for orders from the higher-level organs of the CCP Central Committee to investigate, how many channels do the people actually have left to continue holding people accountable?

People who cannot afford social security contributions might be struggling to find a job, and yet they have to take out loans to pay for social security. Then the Chinese government tells them, "The East is rising and the West is declining, we are going to surpass the United States, our GDP is growing steadily, remaining stable and improving, our robots can fly, and our cars can fly." Therefore, after looking at these cases, I want to ask all the viewers: looking at these hardline policies and the upcoming Fifth Plenary Session next week, where Xi Jinping's faction will seize even more power and even have a chance of retaining office at the 21st National Congress, do you think the probability is high or low? That's all for today's video. If you like it, remember to subscribe; if you don't like it, make sure to block me. I am Bajiong, see you next time, bye. As for former vice chairperson Wang Wenling

Wang Wenling, the official accused of corruption

On the very same day that Wang Wenling was unseated