Hello, everyone, welcome to “Inconvenient Truths”. I am your host Jennifer Zeng.
For many people in the world, “equality and common prosperity for all” sounds so lofty and appealing. Who wouldn’t want to live in a society where everyone works together, enjoys “absolute equality and common prosperity”? You might say, no, such a society doesn’t exist in the world. How about I tell you that it does exist, or did exist once, and the only problem is, this society is now facing bankruptcy.
The society I am talking about is Huaxi Village in Jiangsu Province in China. It was once known as “the richest village in China”, and “the No. 1 village in the world” for decades, and many people went there to learn from their experiences, and pay respect.
Longxi International Hotel, standing at 328 metres (1,082-feet) high and costing 470 million USD to build. It is one of China’s tallest buildings that belongs to Huaxi Village, and was once a symbol of China’s economic achievement, when it opened for business in 2011.
The picture you are seeing is the Longxi International Hotel, standing at 328 metres (1,082-feet) high and costing 470 million USD to build. It is one of China’s tallest buildings that belongs to Huaxi Village, and was once a symbol of China’s economic achievement, when it opened for business in 2011.
Now, let’s watch a short clip that was taken on Feb 24 this year.
Well, what you have just seen is hundreds of people lining up in the rain in front of a building in Huaxi Village. It looked like runs on banks by worried villagers seeking to withdraw their savings.
A Chinese language media, the Cover, later confirmed that the Chinese Communist Party (CCP) branch in Huaxi Village admitted that the video was authentic, but said that the village had no problem paying back its debts, as it had sufficient funds.
However, the public didn’t buy it. Rumors of Huaxi Village having gone bankrupt were flying all over the place.
So what are the real stories behind all these? And what can we learn from them? Let me start from the very beginning.
Loans and Steel: The First Bucket of Gold
Huaxi Village is located in Jiangyin City, Jiangsu Province in China, and was founded in 1962. See the red spot? That is where Huaxi Village is on the map of China. It is near the eastern coast, and not very far from Shanghai City.
Like many other villages in China in the 1960’s, Huaxi Village’s annual per capita income was less than 20 yuan ($3.03) then; and villagers struggled to make a living.
However, it had a different CCP secretary: Wu Renbao, who once worked for the government as a “state cadre”, and was assigned to the village to act as the party secretary.
Unlike other village officials, Wu Renbao had a very keen political sense and a business mind, as well as many contacts in government agencies.
In 1992, right after the then CCP leader Deng Xiaoping finished his famous southern tour and reinforced his “Reforms and Opening-up” policy, Wu Renbao immediately realized that there could be a good chance that China’s economy would take off soon.
He called an emergent meeting with key village cadres, and announced his judgment that economic development would inevitably lead to an increase in the price of raw materials.
So he decided on a strategy of “borrowing money to take maximum advantage of the situation”.
The village borrowed more than 80 million yuan ($12.2 million) and bought a large number of raw materials such as steel.
After Deng Xiaoping’s speech spread throughout China, the price of raw materials did rise a lot, and Huaxi Village was thus able to earn its “first bucket of gold” for further development.
However, a person close to Wu Renbao recently told the BBC that what helped Huaxi Village “get off the ground”was not Deng Xiaoping’s southern tour speech, but the “insider trading in steel raw materials”.
The fact that Wu Renbao could borrow 80 million yuan, including 60 million from banks, also shows that he had a very good relationship with both the government and the banks, which ordinary farmers don’t have.
Insider trading was very common in the early stage of China’s “Opening-up to the Outside World” in the 1980’s. At that time the so-called planned economy and market economy co-existed. The price of the same commodity inside the planned economy system was much lower than that in the market outside of the planned economy system. But you need a quota to buy commodities inside the planned economy system.
That is to say, if you are the children of CCP officials, or if you have good connections with CCP officials, you can buy a lot of cheap goods within the planned economy system, and sell them at the free market to make a huge amount of money.
Many people became rich in that way.
Actually, that was also one of the reasons for the 1989 Tiananmen Square protests. The protesters, many of them young students, were mainly protesting against the corruption, not really against the CCP.
A Socialist Revolution And A Flawless “Place of Dreams”
With the vast wealth accumulated from trading steel, Wu Renbao started a socialist revolution in Huaxi Village in the 1990s.
He pooled the villagers’ house land and built villas in a uniform style for each household, and established a free medical and educational system in the village.
Let’s show a picture of Huaxi village’s uniform style villas. Aren’t they magainficant?
Huaxi village’s uniform style villas.
So everybody seemed to be enjoying a dream lifestyle of living in beautiful houses, driving luxury cars and having free food, medical coverage and education.
Isn’t everything looking magnificent again?
But, the problem is, the villagers only have the right to use the villas, or live in the villas, but do not own them, which means these villas can’t be traded in the market, and are not really the villagers’.
Wu Renbao also expropriated farmers’ farmland and built a large number of factories, including sock and textile plants. He encouraged villagers to work in the factories and set up the Huaxi Group, which is controlled by the Village Committee and gives villagers dividends at the end of each year.
Public information shows that the annual per capita wage of Huaxi villagers reached 122,600 yuan ($18,691) in 2004, which was 41.76 times the average wage of Chinese farmers and 13.01 times the average wage of urban residents.
However, only 20% of the group’s annual dividends to the villagers are paid in cash, and the rest goes directly into the Huaxi Village Committee. Villagers need to apply for permission to withdraw and use the funds when they need to deal with important events such as marriages, and sometimes the amount of payment will be reduced by the Village Committee with the excuse of “austerity”.
Under Wu Renbao’s iron fist rule for more than 40 years, Huaxi Village developed its economy in a “collective totalitarian” mode, which is “building fields in the 1970s, factories in the 1980s, and cities in the 1990s.”
By 1996, the entire village was living in a unified villa.
A promotional film “The Road to Huaxi” for visitors to watch claims that the village has achieved a perfect status with many “nos”: no gambling, no superstitious activities, no major criminal offenses, no petitions, no complaints, and no backstabbing, etc.
I couldn’t find that promotional film now, as it was taken down. But what you are seeing is something similar. It is a TV report produced by China Central Television, CCTV, in 2019, about what kind of great achievements Huaxi Village had made.
In this video, Huaxi Village is portrayed as completely cut off from the dark side of society and is a flawless “place of dreams”.
As a result, Huaxi Village has been regarded as “an advanced model that grew up under the guidance of Mao Zedong Thought, Deng Xiaoping Theory and the important thought of ‘Three Represents’ of Jiang Zemin”, and “a banner of rural development in China”.
As the person who was responsible for all the achievements, Wu Renbao had participated in many national and party congresses, and had been received by all the CCP General Secretaries including Jiang Zemin, Hu Jintao and Xi Jinping.
In 2005, Wu was featured on the cover of Time Magazine, and in August 2011, Huaxi Village bought the rights to broadcast an advertisement in Times Square in New York for $1 million, promoting itself as a “world renowned village”.
“Common Prosperity” Becomes One Family’s Kingdom
However, in 2008, Huaxi Village hit the ceiling of its development, and started to decline. The main industries that Huaxi Village had relied on, including textile and steel, began to go downhill.
Another big problem is, while Wu Renbao was the one who created the Huaxi miracle, his family also became the sole ruler of the village. All the important posts are taken by Wu’s family members.
According to the study in 2004 by Zhou Yi, a professor at Fudan University, the funds at the disposal of Wu Renbao’s four sons accounted for 90.7% of the total amount of Huaxi Village, while ordinary villagers were only given about one thousand yuan per month.
It was also revealed that the gorgeous appearance of Huaxi Village is by no means real. Huaxi villagers are called “the richest farmers”, but they actually cannot even meet the standards of normal people, because they are centrally monitored and managed, strictly forbidden from contacting outsiders. They even have to ask for permission if they want to leave the village.
In addition, villagers only have limited pocket money at their disposal. All other expenses have to be approved by the village.
Once villagers choose to leave the village, they must leave behind all their assets and wealth.
In the mealtime, while villagers can only use instead of owning their luxury items such as Mercedes-Benz cars, they are actually kidnapped into being actors and propagandists for the village, when all the visitors see them driving a luxury car.
In other words, although Huaxi Village claims that to achieve “common prosperity” is its ultimate mission, it has in fact become a kingdom for Wu Renbao’s family only.
After Wu Renbao died in 2013, his son Wu Xieen took over the Huaxi Group.
A Symbol of the Decline of Socialism and Collectivism
The news about Huaxi Village being nearly 40 billion yuan ($6.1 billion) in debt actually came out as early as 2019. However, Huaxi Village has never admitted it.
Recently a document from the Wuxi Municipal Government Office surfaced online, showing that the issue discussed at the 9th mayor’s meeting in 2019 was “hearing a report on the liquidity difficulty relief situation of Huaxi Group in Jiangyin City”.
Document of Wuxi Municipal Government Office, showing that the issue discussed at the 9th mayor’s meeting in 2019 was “hearing a report on the liquidity difficulty relief situation of Huaxi Group in Jiangyin City”.
Public financial reports show that as of the third quarter of 2018, Huaxi Group had liabilities of 36.93 billion yuan ($5.63 billion), a debt ratio of 67.4% compared to its total assets.
I guess that is why we saw the video at the beginning of our show of people lining up in the rain to try to withdraw their money.
One villager who lined up on that day said that the reason why villagers panicked was that from February 24 on, Huaxi Group’s share dividends dropped sharply from 30 percent to 0.5 percent with no reasons provided. That is to say, people who make withdrawals after February 24 can only get a dividend of 0.5 percent instead of the promised 30 percent.
One villager showed a statement from Huaxi Group issued on Feb 24, showing that the interest rate is 0.5%, he was paid only 2252 yuan for his investment of 150,000 yuan made in 2018, 3 years ago.
One villager showed a statement from Huaxi Group issued on Feb 24, showing that the interest rate is 0.5%, he was paid only 2252 yuan for his investment of 150,000 yuan made in 2018, 3 years ago.
Another villager showed an investment certificate showing that when he invested in Huaxi Group in 2018, the promised three year dividend was 30%.
Another villager showed an investment certificate showing that when he invested in Huaxi Group in 2018, the promised three year dividend was 30%.
According to Chinese media Tencent, Huaxi Village has already gone bankrupt, with debts of more than 40 billion yuan ($6.1 billion), villagers’ villas are already mortgaged, but no one dares to take them over.
Actually, as early as 2012, Chinese scholar Wen Kejian wrote an article and said that Huaxi Village had become a symbol of the decline of socialism and collectivism.
He said, “The existence of Huaxi Village was originally a consolation for those old souls who still have illusions, and now this consolation symbol is no longer reliable, and people must make a choice about the future.”
Another Chinese financial analyst Caijinglengyan said recently that it is not at all surprising if Huaxi Village is crushed by debt and completely bankrupt. This fake, man-made miracle of collective economy will have to collapse one day, together with the ideology once touted by the CCP. And this day is getting closer and closer.
Well, what do you think about Huaxi Village’s story? I know many people in the West, especially young people, are very much attracted by socialist ideology. But the CCP alway tells us that socialism is the primary stage of communism, or socialism will inevitably lead to communism.
Huaxi Village once did look like a communist society that the CCP describes for us: everyone has abundant materials to enjoy, everyone is equal, everybody owns everything together.
But the reality is, in the name of everybody, power and wealth are taken over and controlled only by a few at the top, or the so-called government. In Huaxi’s case, it is the Village Committee. People lose their freedoms and are no longer individual human beings, while the rulers on top take care of everybody and everything.
Huaxi Village’s failed communist experiment once again tells us that the so-called Communism will never work. It is in essence evil that has only brought us disasters, no matter what kind of beautiful words it uses to deceive us, such as “equality and common prosperity for all”.
I hope no one will ever be fooled by it again.
OK, that’s all for today’s Inconvenient Truths. Thank you very much for watching. Please don’t forget to subscribe to my channel if you haven’t. Also, please make sure you share my channel and videos to at least one friend.
Thank you. See you soon!
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The Hypocrisy of CCP’s “Naked” Officials and How the US Can Fight Back
Hello, everyone, welcome to “Inconvenient Truths”. I am your host Jennifer Zeng.
Today I will talk about some explosive, and exclusive top secrets I dug up about the CCP’s top wolf-warrior diplomat Yang Jiechi. Since I broke these secrets in both English and Chinese language on my own website 3 days ago, they have caused very warm responses. The article in Chinese was re-carried by quite a few Chinese language media outlets, I got several interview requests from Chinese language TV stations, my tweets and posts about this article were retweeted and shared more than 1000 times.
And you know what? I suddenly got concerted attacks on Twitter from different English speakers who attacked me with the same talking points. This has never happened before. So I believe that what I dug up really hurt the CCP, so they hired English speaking trolls to attack me.
Now, let me share with you in detail about all these.
Both Yang Jiechi and His Wife Share a SSN with Another Person
A while ago I did a program about the first US-China high-level talks in Alaska after Joe Biden took office. Everybody was surprised by the aggressive and insulting attitude of the CCP’s top diplomat Yang Jiechi. He lectured US Secretary of State Antony Blinken and National Security Adviser Jake Sullivan for about 17 minutes, non-stop, without offering translation.
Now, let’s watch a 40 second video of his speech on the following day.
Well, shortly after his high-profile wolf-warrior performance, a picture was widely circulated on Chinese social media platforms.
You can see that on top of the picture, it is a photo of Blinken, underneath Blinken’s photo are some Chinese characters, which say, “We’ll just do it without talking about it. No verbal attacks. Immediately cancel the U.S. visa of Yang Jiechi’s daughter, disclose information of Yang Jiechi and his family’s assets in the US.”
Then underneath these Chinese characters is information of the ID card numbers, date of birth and addresses of Yang Jiechi, his wife Le Aimei, and his daughter Yang Jiale.
As you can see, the addresses of Yang Jiechi’s wife and daughter are both US addresses, one in Washington DC, one in New York City.
As Yang Jiechi is such a high profile figure, I thought it was worthwhile and news worthy to verify whether the information about his family is true.
So I did some independent research. With the help of investigative research specialist Brian O’Shea, I was shocked to find out and verify the following information:
First of all, Yang Jiechi’s wife Le Aimei was born on Oct 11, 1949, and she has been living at 2301 S ST NW Washington DC since September 2001.
The property she lives in is owned by the CCP government, with an assessed value of $8,128,520. The pictures you are seeing were taken on March 28 by a Facebook friend of mine.
During the process of investigating the property information, we found that Le Aimei has a US Social Security Number (SSN) issued in Maryland in 1998.
An odd fact is, Le Aimei’s SSN is also owned by another person called Ruben Ramirez, who was born in 1998, the same year when Le Aimei obtained her SSN.
It can also be understood as Le Aimei is sharing the same SSN with Ruben Ramirez.
And an odder thing is, not only Le Aimei, but Yang Jiechi himself is also sharing a SSN with another person, a dead person, whose name was Grace Muzzey, who died in 1975 in Concord, New Hampshire.
According to the US Social Security Administration, which is in charge of issuing SSNs, a SSN is not reassigned after the number holder’s death.
Let’s see how this is explained by the SSA.
“Even though we have issued over 453 million SSNs so far, and we assign about 5 and one-half million new numbers a year, the current numbering system will provide us with enough new numbers for several generations into the future with no changes in the numbering system.”
So, if a SSN is not reused, why are the SSNs of both Yang Jiechi and his wife the same as another person’s? Is it because the SSA has made mistakes, twice, with both Yang Jiechi and his wife’s SSN, or is it because of something else?
I was told that when the same number is used by two persons, one of them could be faked, usually for the purpose of tax fraud. Or, one of them is stealing and using the number of another person. So with Yang Jiechi and his wife’s case, we really have no idea about what really is going one.
So I have submitted an inquiry to the SSA, and asked them about it, but haven’t received any reply yet. I doubt whether they will ever reply to me.
If you have any better explanations or theories why this happened, please leave us a comment and share with us your thoughts.
Address 1 of Yang Jiechi’s Daughter Yang Jiale (Also Alice Yang)
Now, let’s go to some information about Yang Jiechi’s daughter Yang Jiale, or Alice Yang if we go by her English name.
What we could verify is, Yang Jiale has been living at 60 Riverside Blvd, Apt 1912, New York, since September 2010.
Let’s show a picture of the building.
The owner of this property is Yan Jingbo, who purchased it on September 1, 2011, for $1,777,862.
The building at 60 Riverside Blvd contains 10 penthouses, 276 apartments, and 3 front units.
Yan Jingbo: Yang Jiale’s Husband or Not?
According to a Chinese website (an archived copy available at https://archive.is/b8jvH), which specializes in revealing top CCP officials’ personal information, Yan Jingbo is Yang Jiale’s husband, his English name is Jimbo Yan, and this is his LinkedIn page .
I am not able to either verify or disprove this piece of information regarding the relationship between Yan Jingbo and Yang Jiale through other independent sources. But I think it is still worthwhile to throw it out there so people who know the true situation can come forward to either verify or disprove it.
According to Jimbo Yan’s LinkedIn page, he currently works at China Vanke Co, the biggest real estate developer in China in 2020 . His previous employers include China Construction Bank, Sailing Capital, and Tongtai Land Group. He was once an intern at the U.S. House of Representatives.
For his education background, he went to St George’s School, Groton School and University of California, Berkeley.
Public available records show that Yan Jingbo was born in July 1994. He doesn’t have a US SSN. He also lives in California, and was once issued a speeding ticket.
One fact to notice here is, when Yan Jingbo bought his apartment at 60 Riverside Blvd in New York City in 2011, he was only 17 years old.
We naturally want to ask, as a 17 year old boy, where did he get $1,777,862 to buy that apartment in such a good and expensive location?
Address 2 of Yang Jiale
We also found out that Yang Jiale also has another address at 350 W 42nd St Apt 25L, in New York City. Publicly available records show she has been living at this address since August 2015.
The owner of this property is He Zhe, who purchased this property on November 7, 2014, for $1,660,000.
The building at this address contains 3 front units, 543 apartments, and 8 penthouses.
A Red Princess at Yale and Sidwell Friends School
According to the Hong Kong media The Mirror, Yang Jiale was admitted by Yale with a full scholarship in 2011. Prior to that, she studied at Sidwell Friends School.
An article of the Atlantic confirms that Yang Jiale, whose English name is Alice Yang, studied at Sidwell Friends School as a “red princess”.
Former US president Bill Clinton’s daughter Cheleas Clinton, as well as Obama’s daughter Sasha and Malia also graduated from Sidwell Friends School.
“Naked Officials”
In China, officials like Yang Jiechi have a nickname “naked officials”, which refers to officials who have sent all their children, wives, mistresses, and wealth to overseas countries while they remain in China to continue to make money.
Lin Zhe, a National People’s Congress deputy and professor at the Central Party School of the CCP, revealed in 2010 that as many as 1.18 million “naked officials” emerged in China in the decade from 1995 to 2005.
According to the Beijing Municipal Public Prosecutor’s Office, the number of Chinese officials who have fled the country in the past 30 years is about 4,000, with nearly 400 billion yuan ($63.5 billion) in funds. That is to say, on average, each of the 4000 officials had taken away about 100 million yuan ($15.87 million) from China.
“Anti-America is My Work, Staying in America is My Life”
There is another very famous sentence among Chinese netizens, “Anti-America is my work, staying in America is my life.”
This sentence is a quote from a CCP television pundit Sima Nan, who is one of the most well known “big Wumao (50 cents)” of the CCP.
Wumao is 50 cents in Chinese. It refers to the CCP’s recruited Internet commentators. They are paid 50 cents for each post they make online. Sima Nan is called a “big Wumao” because he is extremely high profile and active, and he always shows staunch support for the CCP and attacks the US endlessly at a variety of platforms such as television and Internet.
In early 2012, photos of Sima Nan being hurt and sent to the hospital were circulated on Chinese social media. It turned out his head was stuck in the handrail of an escalator at the Dulles International Airport in Washington DC.
People were so surprised to find out that as the one of the most determined CCP fighters and haters against the US, why on earth would he set his feet on American soil? Later on it was exposed that he and his family had actually migrated to the US, and they all had US green cards.
When challenged by people why he migrated to the US while attacking the US all the time, Sima Nan shamelessly explained that, “Anti-America is my work, staying in America is my life.”
So, in this sense, Yang Jiechi is the same. He had his wife and daughter live in the US, while showing his sharp teeth to the US, attacking the “hypocrisy” of the US, and said that American public “have little confidence in the democracy of the US”.
For him, it must also be “Anti-America is my work, staying in America is my life.”
What kind of hypocrisy is that?
Powerful Leverage for the West
Another important point I want to make here is, sometimes the US politicians and public may feel helpless when dealing with the CCP. It seems they are just shameless thugs, and they won’t care about a little bit of condemnation or sanction from the US.
Actually, that is not the case. Since so many CCP officials, especially high level officials have sent their family and money to western countries, as they have no confidence in their own system, if the governments in the West really want to deal with the CCP, they can just do some investigation, disclose information of the CCP officials’ assets in the West, or freeze their bank accounts, etc, then these CCP officials will be scared to death.
Just like with the case of Yang Jiechi. Why do he and his wife share other people’s SSN? What have they done with their problematic SSNs in the US? Who are the people who have financial connections and transactions with them? I think if the US government wants to seriously track these down, it won’t be too difficult to find out the answers to the above questions.
Recently there have been a lot of military moves in the South China Sea and Taiwan Strait areas. It feels like the possibility of military confrontations between the CCP and the US is getting higher and higher.
As far as I am concerned, disclosing the financial information of CCP officials and sanctioning them can be more effective than military actions, and they won’t hurt any innocent people.
If you know anyone inside the US government, please pass on my message.
Well, that’s all for today’s “Inconvenient Truths”. I hope you’ve enjoyed it. Please make sure you subscribe to and are still subscribed to my channel. If you could, please also share my channel and videos with your friends and family, or on your social media platforms.
Thank you. See you next time!
4/10/2021 *
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