Chinese entrepreneurs are organizing to strike back against Xi Jinping; the leaked video of Pan Shiyi's dinner-table remarks should be read as a signal.

The video discusses the leaked footage of Pan Shiyi's speech at a dinner party and the deeper meanings behind it. The host analyzes the background of Pan Shiyi and his wife systematically transferring their assets and leaving China earlier, pointing out that Pan's remarks on the Ren Zhiqiang case and his public speech were intended to voice grievances for Ren Zhiqiang, signaling a challenge to Xi Jinping initiated from overseas. The program also reviews the past development of the China Entrepreneur Club and the process of its suppression by Xi Jinping, arguing that the Chinese entrepreneur community is unwilling to accept the status quo and is preparing to unite with anti-Xi forces to jointly block Xi Jinping.

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Hello, audience and friends, greetings to you all. I've been traveling long-distance for the past couple of days on some business, and since I'm driving out this time, I will try to find time over the next couple of days to do live streams for you from the car or from some hotels. Now, many friends and audience members have been asking me about this matter regarding Pan Shiyi, specifically that some video footage of Pan Shiyi speaking at a dinner gathering has leaked over the last couple of days. This matter has really blown up, and they've been asking for my views on it. So, I'd like to share my thoughts with you. First of all, point number one is that the content Pan Shiyi talked about is actually something everyone in the industry already knows; it's just that ordinary people might not be aware of it. I've always maintained that Pan Shiyi escaped; he got away, and he did it with a plan. He had a plan long in advance, and it wasn't because someone specific was arrested that he refused to return—I don't think that's the reason. The reason is that Pan Shiyi had long since packaged and sold off all his recovered assets in bulk. After cleaning things up, those funds—at that time, Pan Shiyi had channels available—those funds eventually made it to the United States. He had already laid the groundwork; otherwise, as a businessman, when Pan Shiyi made a timely retreat at a time when many companies were still blindly rushing forward, he sold off all his recovered assets in a complete package. Then, he managed to move all those assets to the United States or some other countries. His reason for coming to the U.S. later was that he was studying here. I've always said that Pan Shiyi's wife is a person with extremely clear thinking. If you look at some interviews of Pan Shiyi's wife, Zhang Xin—Pan Shiyi's wife—you will know that she is actually quite dissatisfied, deeply dissatisfied, with the Chinese Communist Party. Under these circumstances, they had a strong sense of crisis and laid out their plans early to escape from the CCP. No matter how big your business is in China, as long as your assets and your person are still in that place, you are unsafe. Only when your assets have left, your person has left, or at least a portion of your assets has left and your person has left—that is the most important thing. That is why back in 2019, or 2018—well, I left China in 2008—in 2019, I was publicly calling on people: do not cling to this current country, do not hold onto the illusion that the Chinese market will continue to be so enormous in the future. Back then, the political climate had already changed; 2019 was the very eve of that drastic change, and the best time to flee China. Now, as for Pan Shiyi's remarks at this dinner table, where he talked about the process of Ren Zhiqiang being arrested by Xi Jinping, including mentioning his friends—he said Ren Zhiqiang originally sent messages to ten people, and all ten of those people were actually implicated, except for the fact that he happened to be abroad. In reality, he had long laid his plans abroad. It must be said that this man has a very clear and farsighted vision, which is how he managed to reach where he is today. As for other people, it's very difficult; others find it very hard. Ren Zhiqiang walked right into the firing line. Ren Zhiqiang's personality can be described as very bold and straightforward, so he has many friends. But there was nothing to be done—look, even though Ren Zhiqiang had a very good relationship with Wang Qishan, in the end, Wang Qishan couldn't protect him either; he couldn't protect him. So, why did Pan Shiyi come out to say these things this time? While speaking, Pan Shiyi even told them not to let the video leak out. But I think Pan Shiyi is someone who used to be a prominent figure, a businessman who could achieve such massive success and navigate the worlds of officialdom and business so adeptly that his observations of China are extremely profound. For him to be able to speak out like this, and while speaking, everyone was recording videos—right across from him, there was even a woman recording. That means many people were recording. Pan Shiyi knew he is a public figure, and whatever he says will definitely leak out. So I believe he spoke out this way deliberately.

First, he is speaking out for Ren Zhiqiang. I think everyone is very clear about this; he has a very good relationship with Ren Zhiqiang, so it is normal for him to speak out for him. Second, he has already launched a challenge against Xi Jinping from overseas. For a public figure like him to be able to say these things—because he is a very neutral person, not a die-hard anti-communist—but he is able to step out and say these things, he can persuade many centrists to think about these issues, and even move into the anti-communist camp. This is one of the reasons he said these things. The second reason is that he is sending a signal that entrepreneurs are not lambs waiting to be slaughtered. You see, before Xi Jinping even came to power, around 2000, after 2000, I actually received some invitations. There were many Chinese entrepreneurs forming various associations and organizations, like the Jiangnan Club, the Taishan Club, and various Chinese entrepreneur clubs. These people were all Liu Chuanzhi, Jack Ma, and others, including the former richest man in Shanghai—what was his name? I forgot for a moment—Guo Guangchang, from Fosun. Guo Guangchang, they all participated. When they organized themselves, they started holding various meetings and clubs, holding regular activities. So what was their original intention? At that time, when they organized these clubs, they actually had no malice toward the government. On the contrary, they were constantly promoting the economic and financial development of the whole society, creating business opportunities for the society. And at that time, Jack Ma also started Hupan University in Hangzhou. They recruited some people, and these people were actually similar to private EMBA programs; entrepreneurs would go to participate. Among them, there were also some who had higher ideological awareness, what they called spiritual cultivation courses. I have some friends who were involved in spiritual cultivation courses. Their courses had already transcended the scope of economics and finance, transcended the desire for money, and even reached the level of spiritual improvement. I think these are all very good, as long as they are not scam organizations, it is helpful to people. You see, there were many enterprises in China at that time, and Chinese entrepreneurs were very pitiful, very pitiful. First, the vast majority of successful Chinese entrepreneurs were semi-illiterate. There were entrepreneurs who came out in the early 80s and 90s, in Guangdong, Fujian, and later Zhejiang and Jiangsu. Many successful entrepreneurs were semi-illiterate; they lacked scientific enterprise management capabilities. Later, they were constantly learning. At that time, many high-level business schools appeared in China, right? Shanghai had business schools, and later there was the Cheung Kong Graduate School of Business, and various others. Even every university set up business schools, opening EMBA courses, there were many. At that time, I was also invited by universities to give some EMBA courses, to participate, to be a teacher. Sometimes I would occasionally go to teach a class or something, so I have been in contact with these entrepreneurs. These entrepreneurs, actually, after they reached a certain level, they encountered bottlenecks in their enterprise development, so they needed higher-level enterprise managers to give them some advice, to learn something, and indeed they did learn. Later, Xi Jinping shut down many of these various entrepreneur clubs. Do you know why Xi Jinping shut them down? Xi Jinping was worried that these entrepreneurs would integrate, and then their assets would be very powerful. I have always said that to what extent did these entrepreneurs reach later? They could confront the government; they were invisible opponents of the government. If the government had many policies that went wrong—of course, the government, like Xi Jinping, now measures everything from a political height, putting politics first to formulate these new rules. But these rules have a huge blow to China's economy, finance, people's livelihood, and the entire social culture. So these entrepreneur clubs actually had a function of correcting the country's mistakes, but Xi Jinping wiped them all out. What did Xi Jinping rely on to wipe them out at that time? What did he use?

Using this approach of the Ministry of Civil Affairs, which means that at that time, all these Chinese non-governmental organizations had to go through government review, had to go through government review, and had to have a Party branch, had to do this whole setup. Later on, everyone realized that doing this kind of activity became a risk, became a risk. Look at family churches like Christian churches, they are actually the same, just a Christian church, various churches preaching from overseas into China, these are actually all resisting. Look, even though they didn't confront the government, they were actually confronting the government. Because these are all very righteous, very normal things that turn people into normal people. Whereas the Chinese Communist Party makes Chinese people abnormal one by one, turning them into evil people. As long as you enter the government's system, within their sphere, you will become an abnormal person. And the China Entrepreneur Club, the Taishan Association, and various other associations—the people themselves, they teach their students, what are the students or trainees of Hupan University? They try to make you a normal person. While Xi Jinping makes Chinese people abnormal. Later on, everyone became opposed to each other. So now, who is actually the most unwilling to accept this? Ordinary Chinese common people figure, forget it, I don't have much money anyway, if I lose it I lose it, if I don't have it I don't have it, anyway I already owe the government money, so what can I do? You restrict me from high-end consumption, but ordinary people don't have much high-end consumption to begin with. Actually, the ones with the most thoughts are the entrepreneurs. These entrepreneurs are unwilling to accept it. They spent half their lives building successful businesses, only to be completely ruined by Xi Jinping in an instant, and some of these people can't even escape. What are those who couldn't escape going to do? They are going to step out and start fighting against Xi Jinping. So I think Pan Shiyi coming out this time—he certainly has a purpose in saying these things. He is telling the whole society, telling the whole society, and he is instigating the entire populace to oppose Xi, to oppose Xi, even to oppose the CCP, to oppose the CCP. My understanding of Pan Xi's situation is that there must be some actions behind the scenes, and these actions are definitely connected with some government officials. These people are actually half-official and half-businessmen, and they probably have very good relationships with government officials. Among the government officials, many are opposed to Xi, so they probably will unite with these anti-Xi forces to make a move, to make a move, to gamble on China's tomorrow, to gamble, as they try to block Xi Jinping and ensure that he will never be allowed to continue smoothly like this all the way. This is my view on the support for Pan Xi—that is, the leakage of this video and these remarks. Thank you all for watching. Although I am away these past two days, even while I am outside for half the time, I still spend time making videos for everyone. Thank you for watching, and see you in the next program.

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