The Most Terrifying Rumors Before the Trump-Xi Summit: Did Xi Jinping Execute Bo Xilai? Trump Mocks Xi at UN General Assembly, CCP Enterprise US Delegation Canceled? Four Regime Economists Pressure the Central Government: Local Government Debt Has Blown Up! Sichuan Parents Carry Sticks to Guard School Gates (Old Beijing Teahouse / Episode 1751 / 2026/09/22)
This episode mainly discusses the various alarming rumors and diplomatic maneuvering ahead of the Trump-Xi meeting, including Trump's suspected veiled insults toward Xi at the UN General Assembly, Japanese Prime Minister Sanae Takaichi's preemptive meeting with Trump, and the speculation triggered by the cancellation of the CCP business delegation's visit to the US. It also focuses on the macroeconomic trend of four economists inside the system rarely joining forces to pressure the central government, demanding a bailout for local government debt. Finally, it reports on the car ramming incident at a shopping mall in Baoding, Hebei, and the bizarre phenomenon of parents in Leshan, Sichuan, being forced to stand guard at school gates with sticks.
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It turns out that Xi Jinping, the leader of the Chinese Communist Party (CCP), never expected that his so-called good friend, U.S. President Trump, would suddenly start mocking him in a high-profile manner before the Trump-Xi meeting. What a sweep of the leg! Just as the CCP Ministry of Foreign Affairs announced Xi's visit to the U.S., Trump thought to himself, 'I was just waiting for them to announce it; if I insulted him before the announcement, he might have turned into a coward,' and chuckled to himself. Note that when Trump stepped onto the UN General Assembly podium and opened his mouth, he started firing, filling the venue with the smoke of gunpowder. Trump didn't go straight for it this time; he played a trick to mock Xi without naming him, saying that if necessary, the U.S. would use its unrivaled military power to defend its core interests. He didn't mention the CCP's 'steamed bun' Xi Jinping, but keep listening—oh, there's more. Trump suddenly shifted his tone, saying, 'You know, Venezuela has the best equipment in the world from other countries, and what happened? It was useless, not even worth a damn. It's miles behind us, look here.' It's over—the 'most advanced high-tech' of the 'Great Nation' was treated as trash by Trump. The key is that Xi Jinping has to swallow his bitterness in silence. Trump didn't mention the CCP's name, but he didn't need to; everyone on Earth knows that what Venezuela bought at a high price back then was exactly the anti-stealth radar that the CCP bandits bragged about to the heavens, along with some Russian air defense systems. The day Maduro was treated like a chick caught by an eagle, the buttons on the air defense system were pressed, but nothing fired—it became a dud, deaf and blind; the radar couldn't see, and the missiles couldn't fly. It is said that one missile barely took off, flew only ten meters, and then 'splat,' it crashed into their own crowd. That's where the term 'undercover missile' comes from. Netizen Tao Miao said, 'When they sold it, they called it "world-class," but when it came time to fight, it didn't even make a sound. The CCP made such a fool of itself that the whole world saw it. Today, being pointed out by President Trump at the UN has a special flavor—it's too embarrassing.' The 'best equipment' the CCP bragged about became a joke in front of 193 countries, and the CCP officials sitting in the audience became the center of attention as clowns. Netizens felt bad for Xi; this wave of reverse mockery is truly soul-crushing. Xi Jinping is probably questioning his life, wondering why Trump, who usually says he's so great, is now mocking him with such blood-drawing precision without using a single dirty word. Ah, the art of the deal. Old Trump winks—if you don't understand what art of the deal I'm talking about, please replay that previous sentence: 'The U.S. will never again allow any threat to the U.S. to gain a foothold anywhere in the Western Hemisphere.' Two 'anywheres'—one for Xi Jinping, one for Putin. The CCP and their Russian 'daddy' held hands and blocked the video of Trump signing the Greenland agreement. Right there at the UN General Assembly in New York, Trump stood in a row with representatives from Denmark and Greenland, facing reporters, holding up the newly signed agreement, and showing the black-and-white signatures to the press. The U.S., Denmark, and Greenland officially signed the Arctic Security Agreement. In a nutshell, the U.S. permanently obtained the power to militarily control Greenland, forbidding Russia and the CCP from interfering in Greenland's defense affairs. Trump had only three words: 'Not allowed.' Trump has hardcore realized the vision of expanding the U.S. military presence in the Arctic. The previous three-party diplomatic games and tug-of-war instantly became a smokescreen for Trump's art of the deal, leaving some people stunned. The key is that the defense dominance of the critical nodes in the Arctic Circle is now firmly in the hands of the Trump administration. Afterward, the Danish Prime Minister even praised Trump, 'Mr. President, you have always been very clear that you do not want your opponents to get too close. I completely agree. Through this agreement, they will never get close again; they cannot gain any control or significant influence in Greenland.' Mocking Xi without naming him, plus dangling the Greenland agreement in front of him—before they even met, Old Trump had already slapped him twice, or rather, three times.
Japanese Prime Minister Sanae Takaichi managed to hold a cordial meeting with US President Trump just before Xi Jinping's awkward chat at the White House. Old Xi was beaten to the punch by the Iron Lady Takaichi; President Trump's shoes are covered in high-heel prints, so mind where you step. According to Kyodo News from Japan, Japanese Prime Minister Sanae Takaichi arrived in New York late at night on September 21 local time and held a talk with President Trump today, September 22. It was deliberately arranged before the Xi-Trump meeting so as to coordinate stances on China with the US side in advance. At a critical moment with critical communication, we can see who the true allies are. Kyodo News stated that Takaichi will heavily emphasize Japan's pledged USD 550 billion investment in the US, the impact of this huge investment on boosting US employment, and offsetting the pressure from US demands to increase financial burdens for maintaining US military base costs in Japan—close siblings still settle accounts clearly. As for relations with the Chinese Communist Party and Indo-Pacific stability, needless to say, those are top priorities. At this United Nations General Assembly, the foreign ministers of the US, Japan, and South Korea have already met, pointing their spears directly at the warmonger Xi Jinping and the Chinese Communist Party, emphasizing the importance of maintaining peace and stability in the Taiwan Strait, and opposing any unilateral attempts to change the status quo. Step by step, pounding the table to scare the Chinese Communist Party like a kitten. As Old Xi was just preparing to step off the plane, upon hearing this, he quickly pulled back the beckoning cat's waving little hand, afraid of getting burned.
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Alright, picking up from where we left off, just as the Xi-Trump meeting was about to take place and Xi Jinping led his US-visiting team straight to Washington, the US media outlet The Wall Street Journal suddenly cited sources familiar with the matter that Xi Jinping's visit to Washington to meet Trump was unlikely to be accompanied by a delegation of Chinese corporate executives. Ah, this lowered expectations that the summit could reach major commercial deals. Wasn't it agreed beforehand that Xi Jinping was going to take a large group of business tycoons with him? That's right, Reuters had previously revealed, also citing sources' leaks, that Xi's visiting delegation of enterprises to visit included BYD, Xiaomi, CATL, Gotion High-tech, Hisense, Wanxiang Group, as well as Bank of China, COFCO Group, and so on and so forth. That's right, I remember at the time it was said that the Chinese Communist Party wanted to match the US side in the scale and status of the visit, so the scale of the visiting delegation had to be equivalent to the scale of Trump's team during his visit to China in May. Netizen Jingwei updated the news that Xi Jinping's US visit plan has changed; originally it was to emulate Trump by bringing a bunch of business tycoons along, but now it seems that won't happen. CNBC has already reported that the US has not received any visa applications from business personnel. Some joked that without finding Ren Zhengfei, other business representatives would be meaningless. Trump stated that since the criminal Ren Zhengfei didn't come, others needn't come either, as there is no time to host them. Jingwei added a supplementary remark that the weight of Chairman Mao's entrusted orphan ministers is extraordinarily heavy; Meng Wanzhou's background should be quickly covered up with leaves. If the big boss in the high-end US-visiting delegation was abandoned by Xi Jinping at the last moment, it would be thoroughly upsetting. Baozi went back on his word; well, some of the wealthy merchants in the entourage were already straining themselves trying to figure out how to leave the country. Goodness, landing directly in the US this time would mean applying for political asylum right on the spot. Therefore, the General Secretary expressed that he is cowardly and would rather stick to conservative therapy; everyone go home, wash up, and sleep, and stop plotting about taking the opportunity to flee abroad. Because he trusts no one, taking anyone along feels uneasy in his heart, and because he fears arson in his backyard, leaving anyone at home brings nightmares. Don't you think Baozi has a tiring job as this earthy emperor? It has stretched netizens' imaginations to write a whole batch of short essays to scare Baozi. Xi Jinping did five things before visiting China's US trip, which five things? 1. Preemptively executed Bo Xilai and Zhou Yongkang, ah. 2. Expelled Zhang Youxia and Liu Zhenli from the Party and the military, this one is real. 3. Family members of current active military power-holders are taken on hostage-like isolated sightseeing tours, hmm. 4. All nuclear missile launch coordinates are pointed toward the visiting country, this point wasn't made up well, Baozi is a coward who would never let nuclear missiles target him. 5. A 20-member team of 301 cardiology and neurology experts accompanied them with equipment, this last point can exist, and definitely does. As for executing Bo Xilai and Zhou Yongkang, I see the possibility as virtually nil. This matter can only wait for the Canadian melon son to issue a denial; the melon son expressed that the task is a bit heavy.
Rudhosh, Director of the Initiative for U.S.-China Dialogue on Global Issues at Georgetown University and a former National Security Council official in the Biden administration, recently posted that rumors about the U.S.-China AI dialogue and crisis hotline seem to have been greatly exaggerated. What does this mean? Beijing has not yet confirmed the matter; this crisis hotline may not actually be very active, and this dialogue may lack real communication. In other words, expectations for this summit were already low to begin with, and now they have become even lower. Oh well, it's all bad news. It seems the Trump-Xi meeting won't have any substantive content whatsoever, aside from awkward smiles, awkward small talk, and exchanging New Year's greetings. Well, let's wait and see. Here is an emergency poll: Do you think Xi Jinping's visit to the United States this time will yield any substantive cooperation agreements with the U.S.? Here are the options: 1. No chance, 2. Possible, 3. Don't know / Observing. Quickly drop your numbers in the comments section.
By the way, Xi Jinping used the three years of pandemic lockdowns to thoroughly wreck China's economy. Even economists inside the system, when faced with the order to "sing the bright prospects of the economy," bluntly stated that "Your concubine cannot do this." Which economists inside the system are this bold? Not just one, but four. Recently, four prominent economists inside the system jointly challenged the CCP government, using "two musts" to point out the sole direction for Xi Jinping—pointing the way for a compass and calling it the sole way at that. You might as well just launch a rebellion. Listen carefully: the two musts are that the CCP Central Committee [must adopt] more expansionary fiscal and monetary policies, and at the same time, [must] bail out local government debt and carry out debt swaps. It's all about money. Wait a minute, did these four shoot off their mouths before Baozi's visit to the U.S. to pressure the central government on behalf of local governments, or were they floating trial balloons ahead of time for the central government to flood the market with liquidity? Answer: silence speaks louder than words, and ignorance is bliss. On September 19, the 2026 Tsinghua PBCSF Chief Economists Forum and the roundtable discussion on "Macroeconomic Policy and Global Rebalancing" were held. At the meeting, four heavyweight economists—Lin Yifu from Peking University, Yu Yongding from the Chinese Academy of Social Sciences, Yao Yang from Shanghai University of Finance and Economics, and Li Xunlei from Zhongtai International—completely joined forces. What were they trying to do? In a rare move, they concentrated their firepower to launch a fierce attack on the local government debt issue, unanimously calling on the highest leadership of the CCP to step up and adopt more expansionary fiscal and monetary policies. This is because the local government debt problem is an even bigger ticking time bomb than real estate, and the key to solving it lies in the central government taking on debt to swap for local government debt, especially by seizing the current low-price window period. What on earth is that? This is a macroeconomic operating concept—the precious time window when the price level is at a low, stable, or specific fluctuating stage is called the low-price window period. Oh, are prices falling and goods cheap now? Actually, not really. It's deceptive, or at least heavily watered down. For example, according to data beautified and watered down by the National Bureau of Statistics, the prices of food items like pork and vegetables are indeed falling, but eggs suddenly surged by 15%. Meanwhile, excluding food, the year-on-year prices of the other seven major categories showed six increases and one decrease—six out of the seven product categories saw price hikes. Well said, this is actually a high-price window period. Anyway, according to the categorized stats, [other goods and services], [healthcare], and [transportation and communication prices] rose by 7.3%, 2.7%, and 2.5% respectively. None of them went up by a small amount. Of course, the four experts fully demonstrated their desire not to be bricks this time, showing a flash of conscience. For example, they actually suggested that the government stimulate total demand and expand the size of the economy through tax cuts and interest rate cuts. Obviously, they are not on the exact same wavelength as the General Secretary—well, they share eight nostrils instead of two. Don't even talk about tax cuts; the CCP is trying every possible way to increase taxes, even retroactively checking accounts for the past 30 years to collect more. So the political wind direction is all wrong. Are these four royal experts inside the system going to taste the flavor of Cultural Revolution 2.0, where reactionary authorities are severely cracked down upon? That's it, then. Xi Jinping stated long ago: "Each child must be carried by its own parent," meaning the central government will absolutely not care about local government debt. Yet these people actually defied the supreme will and pressured the leadership—the nature of this is extremely severe. Could Xi Jinping not know about this? Local government debt refers to local governments borrowing money by "writing IOUs" to the public or institutions. It is the party-state's biggest pit, characterized by huge volume and high risk. A considerable portion of it was actually used for corruption—the cost of corruption. Unbelievable. The crucial point is that local government debts across various provinces are astronomical figures. Now this pit has blown up, and Xi Jinping emptied the national treasury with three years of dynamic zero-COVID. So old Xi just shakes his head: don't come to the central government for money; I have no money here, but I might have a steamer basket of steamed buns if you want. A typical rogue playing dirty.
Independent commentator Cai Shenkun also noticed something unusual. He said that these four economists are usually very cautious in their speech, but this time they have grown guts of steel and dared to pressure the central leadership. There must be a reason for such an unusual move. First, Yu Yongding of the Chinese Academy of Social Sciences directly lifted the lid, stating that the central government has always been aware of the true ledger of local government debt and has merely been pretending not to know. If this continues, they might not even be able to pay wages or pensions. This expert is good; he directly poked Xi Jinping in his two little squinty eyes, as if to say, 'Open them up! Can you really get away with playing deaf and blind?' Yao Yang of the Shanghai University of Finance and Economics was even more blunt. He estimated that the scale of local 'triangular debt' has reached 30 trillion yuan, which is directly causing the entire economy to grind to a halt. Why? Because the government doesn't pay its bills, enterprises dare not invest, youth unemployment is hitting record highs, and ordinary people have no money to spend, creating a vicious cycle. 30 trillion—when this number is slammed onto the table, Xi can only pretend to have a stroke. Furthermore, Lin Yifu, who once claimed that '8% growth for the next 20 years in China is no problem,' this time directly brought up Zhu Rongji's past practices, asking Xi to copy his homework, saying that only fiscal intervention can solve the problem. Fiscal intervention? Doesn't he know the national treasury is empty? Just print money, I suppose. Yu Yongding of the Chinese Academy of Social Sciences even quoted Mao Zedong, saying, 'Seize the day, seize the hour,' and 'ten thousand years is too long.' He might as well have thrown a glass marble at Xi's forehead, urging him to hurry up and stop dragging his feet before things get desperate. Cai Shenkun concluded by asking: whether it's pressuring the leadership or offering advice, can Xi Jinping actually listen? After listening, the General Secretary just muttered nonsense about 'trade and disrobing,' 'King Gesar,' and 'sprinkling pepper powder,' then adjourned the meeting. The words of the 'elementary school doctor' Xi Jinping echoed in his ears, rhetorically asking his economic advisors: 'What's wrong with deflation? Don't people like it when prices are cheaper?' With his stubbornness kicking in, he thinks, 'I don't understand your weird professional jargon, just clean up the mess for me.' Ugh. A comprehensive explosion is truly imminent. There is a saying in the Chinese real estate circle: most of the hidden debt borrowed by local financing platforms was invested in real estate, and the real estate industry is already finished. Are you far behind? For the commoners at the bottom who are left holding the bag, be careful in everything.
Looking at another perspective from Aboluowang commentator Wang Duoran, he reminded us of another possibility: these four regime-affiliated experts acting out this 'pressure' on Xi Jinping might be creating public opinion and paving the way for large-scale monetary easing. Oh, is that so? In the history of the CCP, dealing with debt crises has never involved truly 'resolving debt,' but rather starting the printing presses and flooding the market with money. How many times have they done this? The four regime-affiliated economists, going full throttle and speaking out together to 'seize the window of opportunity' and adopt more exaggerated fiscal and monetary policies, might precisely be manufacturing legitimacy for excessive money printing in advance, tricking the public into seeing a 'sudden massive flood of money' as a rational, bold, and professional choice. The trick is hidden so deep. Don't forget, experts belong to the Party and help the Party take the fall. Wait, even if the four experts are willing to take the fall for Xi Baozi, the problem is that they have already lifted the lid on the CCP's local debt explosion. How will this crime of leaking state secrets be calculated? Xi Jinping indicates: 'It's easy to calculate. Don't look at how boisterous you are today; be careful of the reckoning tomorrow. Do not do such things; everything will eventually come to pass.'
Speaking of which, the end of the Party-state is truly shocking, and we've been shocked again. Before talking about this news, please allow Li Zheng to use the tone of the CCTV News Broadcast to make a sentence with 'although... but.' What does it mean? 'Although our great nation has frequently experienced indiscriminate attacks, also known as Xianzhong attacks, in recent years, it does not hinder us from remaining the 'safest country' in the world, bar none.' It seems we can only be slapped in the face. Last week, after the indiscriminate stabbing incident at a Guangzhou shopping mall, the latest suspected Xianzhong incident occurred in the core commercial district of Baoding, Hebei. It happened again. On the afternoon of September 20, a white Volvo, outside the 'Beiguo Xian Tianxia Plaza,' hit a woman riding an electric scooter. The vehicle did not stop, ran over the scooter, accelerated to smash through the mall's entrance, and drove directly into the interior of the mall. Are they crazy? Footage shows the car stopped after hitting a pillar inside the mall, the front of the car was severely damaged, and the driver was nowhere to be found—they ran away! All that was left was the mall entrance completely smashed and glass shattered all over the floor. Oh my god, even calling for 'Grandpa' won't help now. So frustrating.
There is another recent incident that has completely stripped away the facade of the "safest country," leaving it trampled and rubbed into the dirt. Where is it this time? In Wutongqiao District, Leshan, Sichuan. A parent at Ermatou Primary School exposed online that the school was forcing parents to take turns standing guard at the school gate during drop-off and pick-up times as a "student protection post." A student protection post? Yes, "student protection posts" are specifically set up to prevent the indiscriminate attacks that frequently occur at the gates of primary and secondary schools, keeping the "Xianzhong" devils from entering the village. The principal stated that to ensure the safety of primary and secondary students, the CCP-style socialist country has specifically set up these characteristic Chinese guard posts at school gates and surrounding roads. Isn't this "characteristic" approach shocking? It requires school staff and parents to stand guard together, with four parents required to hold sticks and stand guard every day. The "safest country" and "safest school gate"—netizens' comments are spot on: if it's safe, why do so many people need to guard it? If it's not safe, why are there so many people guarding it? It's completely contradictory. Many parents complain, "Are we supposed to work or not? We have to stand guard every day, I'm dizzy from this." If they stand guard a couple more times, they'll lose their jobs. So, they think, "How about we let the old folks, the children's grandparents, stand guard instead? Old people standing guard—ginger is spicier when it's old, right?" I've never heard of such a thing. What if the grandparents get heatstroke? That would be even more chaotic. But they don't fear chaos, as long as it can "move China." It's dizzying. Let me tell you, the grandparents have already thought it through: when they see someone with a knife, they will reason with them and appeal to their emotions. "Ah, dear brother Xianzhong, besides us old folks, there are only children at the school gate. Do you really have the heart to stab us?" Oh, forget it, don't bother negotiating. If they were that rational, they wouldn't be committing a Xianzhong attack. Run, run, the old man has pretty good legs. In fact, under the premise of parents needing to keep their jobs, many families have already let their elderly grandparents take the shifts. But what if there are no grandparents? They pay people to take the shifts, hiring bodyguards. The Education Bureau couldn't sit still anymore. On September 17, the local Education Bureau replied that the education department has no regulation requiring parents to participate in student protection. The Education Bureau urged the school to rectify immediately, cancel mandatory scheduling, change it to voluntary sign-ups, and put an end to criminal phenomena such as elderly people taking shifts or paid substitutes. Is the Education Bureau being hypocritical again? As it turns out, "Cover News" lifted the lid slightly. On September 18, when reporters visited, they found that the four elderly people on duty that day—the oldest grandparent was 67 years old—were all grandparents. These four elderly people were each holding a long stick, wearing vests with "Student Protection Post" written on them, standing majestically and menacingly at the school gate. This is great; whoever comes to commit a Xianzhong attack would burst out laughing, fall to the ground, and clutch their stomachs. The old heroes could then perform a direct takedown. It's too bizarre. If you didn't know better, you'd think the grandparents were doing flexible employment because they had nothing to eat. The Party doesn't like it when you talk to them about the law; they talk to you about politics. Fine, you want to abolish the parent protection posts? Sure. The Education Bureau is very reasonable: "We are 'voluntarily' protecting the students." Thank you, voluntary—I thank their ancestors for eight generations. As for whether it's truly voluntary, well, your "soft underbelly" (weakness) is in the school's hands, you know. There's always a "soft underbelly" waiting for you. Do you get it? The CCP's education department, just like the Ministry of Foreign Affairs, is adept at deliberately talking past each other, swapping concepts, and giving non-answers—it has always been this way. Tea friends should remember: In November 2024, a car ramming incident occurred at the Zhuhai Sports Center in Guangdong, resulting in 35 deaths and 43 injuries. After the incident, when Ministry of Foreign Affairs spokesperson Lin Jian was asked about it, he stubbornly insisted that China is one of the safest countries in the world with the lowest criminal crime rate. Look here, how can you treat Chinese lives so lightly? Lin Jian, are you an undercover agent sent by foreign forces? Let me add quietly: this "foreign force" is called Marx, Engels, Lenin, Stalin, and Mao. Alright, the results of the last poll have been posted on the community bulletin board. You are welcome to check them out. New tea friends, don't forget to click subscribe and the little bell. You are also welcome to click on the Korean Jeju Island red sea cucumber health supplement recommended by the two of us, with the Mid-Autumn Festival triple discount gift event. There are links in the text column below the topic and in the pinned comment. Let's go! Multiple new segments every week, we'll see you there. Spicy news skewers, see you then. Goodbye.