“徵婚啓事”

情人節那天,在臉書上發了個貼:“沒有情人的情人節,俺愣把它過成勞動節了。”然後有人留言說,這“有點像徵婚广告。”

有好幾天的時間,我一直在構思,要不真的登個徵婚啓事?

在想“臺詞”的過程中,不知怎麼就想起一個臉書朋友離開臉書前發的一個帖子,說要遠離“索取型人格”的人怎樣怎樣。

她並沒有說這個帖子針對誰,但我一看,不知怎麼就覺得是針對我的。於她來說,我一直在“索取”吧。

仔細一想,自己真的就是個“索取性人格”之人。在想像著有個伴侶時,也是在盼望從人家那裏得到什麼吧。我自己能付出什麼呢?好像什麼也沒有。前夫之所以遠離我,除了因迫害造成的顛覆性代價和艱難、無望之外,另外的原因之一,也是因爲我的“索取性人格”吧。

如此說來,我的根本執著,或最根本要改變、要修掉的東西,原來依然是私。

在此種根本性執著未能去掉之前,還徵什麼婚呢?拉倒吧。

生活中的困難,如幹不了體力活等等,仔細一想,都是用錢就可以解決的問題。

不是有人說,凡是用錢就能解決的問題就不是難題嗎?那我還找什麼“老伴”呢?我沒有什麼可付出的,當然也不應該期望得到什麼。

就把自己守護好,就已經很不錯了。

對,就從此死了“徵婚”這個心吧。

是爲記。

2/17/2021

发表在 时评 | “徵婚啓事”已关闭评论

The Little Match Boy’s Death: A Big Slap on the CCP’s Lie of Lifting China Out of Poverty

Hello, everyone, welcome to “Inconvenient Truths”. I am your host Jennifer Zeng.  

Maybe for most people in the world, one of the most unforgettable events in 2020 is the COVID19, or CCP virus pandemic. But for the CCP, when they look back at 2020, they are using 8 Chinese characters to summarize it: “人民满意 世界瞩目”, which means, “the people are happy with us, and the world is looking up to us.” Apart from “successfully defeating the pandemic”, “lifting the entire country out of poverty” is another most important political achievement of the CCP and its leader Xi Jinping.

While all the CCP’s official media were celebrating the “major victory in poverty alleviation”, the death of an ordinary 23 year old young man sparked a lot of attention, debate and even overwhelming sensation on the Chinese internet. The topic about him has attracted 580 M views and 266 K discussions on the Chinese social media platform WeBo. Some call him the Chinese version of “The Little Match Girl” by famous Danish author Hans Andersen.

Who was this young man, and why has his death drawn so much attention? Today let me share with you the story of this modern day “Little Match Boy” in China. 

An “Uploader” at Bilibili

We don’t know the true name of this “Little Match Boy” , except that his surname is Chen. He hosted a channel at a very popular video-sharing website called Bilibili.  You can roughly understand it as a Chinese version of YouTube. You know, YouTube is banned in China, so people use websites such as Bilibili to share videos. And video creators or channel hosts are called “uploaders” instead of YouTubers in China. 

So this 23 year old fellow was an “Uploader” on Bilibili. He called himself Mocha and his channel Mocha Official. Mocha in Chinese means “black tea”, or “tea as black as ink”. Underneath his channel title “Mocha Official ”, there is a short sentence, which means “I am the spirit of tea”. But let’s just call him Mocha to make things easy.

A Miserable Childhood

Mocha was born on April 5, 1998 in Zhuangpan Village in Xichang City, Liangshan Prefecture , Sichuan Province. A lot of ethnic Yi people live in that area. It is also one of the poorest regions of China. So Mocha’s family was very poor too. 

To make things worse, his parents divorced when he was only 3 years old. After that he mostly lived with his grandmother, as his mother needed to work in the city to earn some money to support the family. Sometimes he also lived with his father, who also went to another city to work. 

When Mocha was in high school, his grandmother’s health deteriorated, and his family had to borrow a lot of money to pay her medical bills. 

Please bear in mind that in China, especially in rural areas, people usually don’t have health insurance, nor will the government cover their medical bills. If you are sick, you are on your own.

So Mocha’s family owed a lot of debt because of his grandmother’s bad health. Later on both his parents ran away to hide from the debt collectors, as they didn’t have the money to pay back their creditors.

As a result, Mocha had to drop out from high school. After that he went to the capital city of Sichuan province Shengdu to try to make a living. 

A Miserable Start

He worked as a loader, and earned 800 yuan , or 124 US dollars, per month. The rent alone would cost him 500 yuan, or 77 US dollars, and he only had 300 yuan, or 47 US dollars, to cover all other living expenses. Sometimes he had to starve as he couldn’t make ends meet. The long-term hunger and hard labor ruined his health. He got a stomach disease. Sometimes the stomach pain was so bad that he couldn’t sleep the whole night. 

However, sometimes he even couldn’t get his 800 yuan, as his employer wouldn’t pay him at all. 

In April or May of 2018, 20 year old Mocha went to his employer’s place to try to get his payment. However, he was kicked out, with his ID card trampled by his employer and damaged. 

Without any more money to pay his next rent, or an ID card to find a new job, he had to return home, where he was diagnosed with gastric ulcer and gastritis.

A New “Career” 

However, because he didn’t have money to pay his medical bills, he didn’t stay in the hospital, or get much treatment. Because of his bad health, he could not do any jobs that are too physically demanding. So somebody suggested that he open a channel at Bilibili and become an “uploader”, a video creator. If you can attract a lot of views and viewers at Bilibili, you may be able to make a living there, or even make a lot of money.

So Mocha started his career at Bilibili. In this sense he was my colleague, right? Just a joke. 

Anyway, he uploaded his first 4 minute video on Feb 27, 2020, and the last one on Oct 17, 2020. Altogether he had created 28 videos, posted 46 photos, and several dozen posts. 

It was not clear when he was driven away from home by his relatives, as they wanted to take over the small cottage left over to him by his grandmother. So he went to the nearby Huili county, rented a small room to continue with his life.  Let’s see a picture of the room he once lived in. This picture was taken after his death. This picture was the little shop under his rented room. 

He tried to do some casual jobs to earn some money, and at the same time, learned and improved his video production skills.

A Tough “Career” & Sheer Poverty

According to public information, in Aug 2020, Bilibili had 200 million active users, and 1.1 million active “uploaders”. So you can imagine how hard it is to compete with over 1 million other uploaders to win any attention. When Mocha did live streaming, there were often only 1 or 2 people watching. But he tried to be brave. He seldom complained about anything, only wrote with a calm, and even indifferent tone about what happened to him, such as, “I forgot to mention, today is my birthday.” “My headset was broken. I’ll start broadcasting again after I get a new mic.” “There will be no broadcasting tonight, as I hurt my hand and need to take a rest.” “There are too many mosquitoes …… I can not rest well, ” etc. 

From these simple posts, I can hardly imagine what kind of hardships he had encountered and then managed to overcome. 

On June 15, 2020, he posted a photo of a small rice cooker, which he bought for 20 yuan, or 3 US dollars. He said, “I hope it can last longer.”

Heath Problems

He then posted another post saying that he had difficult breathing, his nose was bleeding, and there was a lump inside it. It took him a long time to stop the bleeding.  “I don’t know if I can hold out until the day of surgery”, he said at the end of that longer post.

On June 19, he said his mouth was so painful that he couldn’t sleep or eat. His nose kept bleeding, and he was afraid that his health would be soon ruined.

He only got 3 replies for this post. It seemed nobody was paying much attention to such a small uploader. 

On July 3, he complained about stomach ache twice, saying that the pain was so bad that he couldn’t sleep.

On July 31, he shared a piece of good news, saying that “I didn’t realize that I already had 100 fans, This is a good start.” 

In the following months, he kept on struggling with his health condition, while trying to keep up with his live streaming or video creating. 

On Nov. 8, he said that he had lost consciousness for 2 hours. He didn’t know what had happened, and decided to do a medical examination on the following day. “I hope to resume live streaming soon.” He said at the end. 

On Nov 12, he said that he was hospitalized. “I don’t know when I will have the operation. I hope I will be OK.”

On Nov 18, he said that his surgery was done. So far so good, “I hope there won’t be any nasty scars left.”

“My Heart Pains Me More”

On Nov 21, he posted a photo of what seems to be his hospital bill, and said that “Alas, my wound seems to hurt less after the surgery, because my heart pains me more…”

People later were amazed to find that Mocha bought his medicine pill by pill. Each pill only cost him 1.84 yuan, which is only 28 US cents. It seems he was too poor to buy an entire bottle of the medicine. 

The bill also shows that he had paid 4000 yuan as up-front payment, and had a balance of -2049.34 yuan, which means he owed the hospital more than 2000 yuan. It seems the  hospitalization has cost him more than 6000 yuan, or nearly 900 US dollars. Maybe that’s why he said his heart pained him more. He was heartbroken to have spent so much money, and worried how he could pay it back. 

He was discharged from the hospital on Nov 25. But on Dec 17, he posted a one sentence post: “Let me cherish the few days that are left for me…” 

“I’ve  Never Had Dumplings. Strawberries Are Too Expensive”

Dec 21 is the Winter Solstice Festival. It is a Chinese tradition to eat dumplings on this day, especially in northern China. Mocha wrote on this day, “Seems everyone is eating dumplings today. However, I’ve never had any dumplings at the Winter Solstice Festival in my entire life.”

On Dec 28, he said, “I really want to eat some strawberries. I’ve been so sick recently that I throw up whenever I eat.. I want to eat strawberries so badly. Unfortunately, they are too expensive.”

On Dec 31, 2020, he posted his last post, saying that “Yet I am still sick and lying in bed. Sad.”

From then on nobody knew what happened to him.

Died Alone in His Rental Room

On Jan 10, his landlord called him, as it was the day for him to pay the rent. But nobody answered the phone. Then his landlord realized that the light in Mocha’s room had not been turned off for four consecutive days, and something must have gone wrong.

So the landlord went to check and found Mocha had already died. 

Nobody knew the exact date or cause of his death. The best guess is that he died around Jan 6, 4 days before his landlord found out about his death. 

As to the cause of his death, some say he was starved to death, some say he died of diabetes complications due to lack of money to buy insulin. Some also say the reason why he had diabetes in the first place was because he had a very unhealthy food structure, as he always ate cheap instant noodles and didn’t have enough nutrition.

No matter whether he was starved to death, or died of diabetes complications because he didn’t have money to buy medicine, we can say he died of poverty. 

The Irony

The irony is, in 2012, at the 18th National Congress of the CCP, “lifting the entire country out of poverty by 2020” was set to be a strategic goal to achieve. 

So, toward the end of 2020, up until now, the CCP has been making a big fanfare about its “poverty alleviation” achievement. As late as on Feb 15, Xinhua published an article: “Xi Focus: Xi’s article on poverty alleviation to be published” 

The last sentence of this article goes like this: “The fundamental purpose of the Party is to serve the people, the article says, adding that cadres at all levels should often ask themselves whether they have been wholeheartedly working for the people.”

Famous After His Death

I think that’s why Mocha’s death has caused so much attention and sensation on the Chinese Internet. Mocha had only accumulated about 200 fans when he died. After his death,  however, the number of his followers reached 1.95 million. People feel for him, as there are so many more Mochas in this country, and anybody could be the next one. Like the “Little Match Girl” depicted by Anderson, Mocha’s death is a big slap on the CCP’s face, and a denunciation of the CCP’s big lies about “lifting the entire country out of poverty, and “ building a moderately prosperous society in all respects” in the first half of 2021. 

Rich Chinese Vs Poor Chinese

I am not sure how many people in the West have been impressed by how rich some Chinese people are.  They buy luxury properties, luxury goods all over the world, their kids buy luxury cars with cash and then race them on American roads. The CCP is throwing money all over the world through its Belt and Road project, Confucius Institutes, etc. Everybody must have read or heard stories like these. 

So many people in the West are convinced that the CCP must have done a great job in terms of making Chinese people rich, or creating a lot of wealth for the Chinese people. 

But unfortunately, the rich Chinese who throw out money like mad all over the world are only from maybe the top 1%, or 5% of the CCP’s inner circle. Hundreds of millions of people, especially people in rural areas, are just like Mocha. They were born in poverty, live through poverty, and die in poverty, without the outside world knowing anything about them.

If Mocha were not an uploader at Bilibili, if some fellow uploaders who happened to have larger followings than him had not exposed his death on the internet, we wouldn’t have known anything of this modern day, Chinese version of the “Little Match Boy”. 

His post on Dec 28 saying that he wanted to eat some strawberries so badly didn’t draw any attention or any replies when he posted it in his last days of loneliness and sickness. Replies only started to pour in starting Jan 19, after the news of his death was spread widely on the internet. Now this post has received 24 K replies, all saying how upset they are to see such a small wish from this boy couldn’t be realized before he died. 

At the same time, people also feel so helpless. They know they couldn’t do much to help, or change Mocha’s fate. 

Well, that’s the story of our “Little Match Boy” Mocha for today. I hope next time when someone tells you what a great job the CCP has done to lift Chinese people out of poverty, you can tell him the true story of Mocha you heard from me today.

That’s all for today. Thank you for watching. Only truth can set people free and change the world. So please do subscribe to my channel, and help me spread the word. YouTube has kept on unsubscribing people from my channel, so please do check if you are still subscribed from time to time.

Thank you, see you soon!

2/17/2021 *

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发表在 时评 | The Little Match Boy’s Death: A Big Slap on the CCP’s Lie of Lifting China Out of Poverty已关闭评论

1月6日美國國會大廈 “致命攻擊 “:事實、事實之缺失及諸多疑問

川普總統因 “煽動國會山暴亂,造成5人死亡 “而遭到第二次彈劾, “致命攻擊(deadly attack )”則已成爲描述1月6日發生在國會山的事件“標配”詞彙。川普總統“煽動暴亂”的指控,及“致命攻擊”這種說法是否準確屬實?

2/13/2021

发表在 时评 | 1月6日美國國會大廈 “致命攻擊 “:事實、事實之缺失及諸多疑問已关闭评论

The Facts & Lack of Facts about the “Deadly Attack” on the U.S. Capitol on Jan. 6 關於1月6日美國國會大廈 “致命攻擊 “的事實與事實之缺失

While President Trump is being impeached for the second time for “inciting an insurrection at the Capitol that left five people dead”, “deadly attack” is the most commonly used term to describe what happened on Jan. 6 at the Capitol Hill. 

目前川普總統因 “煽動國會山暴亂,造成5人死亡 “而正遭受第二次彈劾, “致命攻擊(deadly attack )”已經成了描述1月6日發生在國會山的事件“標配”詞彙。

Are the allegation and the description true? We need to check some facts first.

那麼以上關於川普總統“煽動暴亂”的指控,及“致命攻擊”這種說法是否準確屬實?我們先來看一看已知的事實。

Facts 事實:

Out of the 5 deaths on that day, only one is related to, or can be described as a “deadly attack”.  35-year-old Ashli Babbitt, a military veteran from San Diego, was shot to death by a Capitol Hill police lieutenant, when she tried to crawl through a broken window into the Speaker’s Lobby.

在當天的5起死亡事件中,只有1起與 “致命攻擊”有關,或者可以被說成是 “致命攻擊”,那就是35歲、來自聖地亞哥的退伍女兵巴比特(Ashli Babbitt)在試圖從一扇已經打破的玻璃門爬進議長大廳時,被國會山的一名警察開槍打死。

So, the “deadly attack” was committed by a police officer against a female civilian who was not armed.

所以,這起 “致命攻擊”是一名警察對一名沒有攜帶武器的女性平民的”致命攻擊”。

All other 4 deaths were the result of medical conditions, including the case of Officer Brian Sicknick, who was widely reported as being beaten with a fire extinguisher.  Deaths from medical conditions have nothing to do with a “deadly attack”, nor should they be connected to or described as a “deadly attack”. 

所有其他4人的死亡都是由於身體突發疾病造成的,包括那位叫史里克(Brian Snick)的警官的死亡,其實也是突發疾病造成的,雖然許多媒體曾經、並仍然在說,他的頭部曾被滅火器打中。因身體突發疾病導致的死亡與 “致命攻擊 “無關,每天都有很多人突發疾病而死在各種地方和場所,這種死亡根本不應與 “致命攻擊 “聯繫在一起,或被包括在所謂“致命攻擊”中,或被描述為是”致命攻擊”的後果。

According to an analysis by Revolver News and quoted by Tucker Carlson , “there’s no evidence that Brian Sicknick was hit with a fire extinguisher at any point on Jan 6. The officer’s body apparently bore no signs of trauma. In fact, on the night of Jan. 6, long after rioters at the Capitol had been arrested or dispersed, Brian Sicknick texted his brother from his office. According to his brother, Sicknick said he’d been ‘pepper sprayed twice’ but was otherwise ‘in good shape’. Twenty-four hours later, Officer Brian Sicknick was dead.”

福克斯新聞主持人卡爾森(Tucker Carlson)在他的節目中引述Revolver News的分析報導說:”沒有證據表明史里克在1月6日的任何時候被滅火器擊中過。該警官的身體顯然沒有外傷的跡象。事實上,在1月6日晚上,在國會大廈的騷亂者被逮捕或驅散後很久,史里克還從辦公室裡給他兄弟發短信,說他‘挨了兩次胡椒噴霧噴’ ,但除此之外其他方面都‘狀態良好’ 。24小時後,史里克警官去世了。”

Tucker Carlson also said in his show that “the head of the Capitol police union has said he had a stroke. His body was cremated immediately, and authorities have refused to release his autopsy. No one has been charged in his death, and no charges are pending. ”

卡爾森在節目中還說,”國會警察工會的負責人說史里克是中風了。他的屍體被立即火化,當局拒絕公佈他的屍檢結果。沒有人因爲他的死亡而遭到起訴。”

“沒有人因爲他的死亡而遭到起訴”,這句話可以被理解爲,他並不是被別人打死的,否則,打死他的人應該遭到起訴。

另外,這名警察也是川普的支持者。

Therefore, if what happened on Jan 6 can be described as a “deadly attack”, it was an attack on a civilian by a police officer. And this attack has zero connection with President Trump.

因此,如果說1月6日發生的事情可以被說是 “致命攻擊 “的話,那唯一一起因爲“攻擊”而造成的死亡,是一個警察對一位平民的“攻擊”。而這起 “致命攻擊 “與川普總統毫無關係。

Lack of Facts 缺失之事實 

  1. Who is the officer who killed Ashli Babbitt?

    1. 殺害退伍女兵巴比特的警察是誰?

  2. Who are the people that engaged in violent deeds on that day?

    2. 當天從事暴力行為的那些人又是誰?

Questions that Need Answers 待回答的問題: 

  1. Why would the officer shoot Ashli Babbitt? What are the protocols for the police to shoot at people under that kind of circumstance? If anyone who tries to break a broken window needs to be shot to death, why was only Ashli Babbitt shot while others who did the same thing weren’t shot?

    1. 為什麼警察要槍殺巴比特? 在當時那種情況下,警察應不應該開槍的規範是什麼?如果任何試圖從已經打破的玻璃門進入國會的人都需要被當場射殺,為什麼只有巴比特被打死,而其他做同樣事情的人卻沒有被槍擊?

If shooting was not a required action to take, why did that police officer choose to shoot?  Did she impose an immediate danger on anybody? 

   如果開槍不是警察必須採取的行動,那麼,那個警察當時爲何選擇開槍?赤手空拳的巴比特,是否對任何人構成了直接而緊急,且必須打死她才能制止的危險?

2. Who, among all the people that involved in any violent deeds on that day was “incited” by Trump to do what they did? Where is the evidence to show their actions were the direct results of Trump’s “incitement”?

2. 在當天參與暴力行動的所有人中,有誰是直接受到川普的 “煽動 “才採取暴力行動的?有何證據表明他們的行為是川普 “煽動”的直接結果?

If we don’t know who those people that were involved in any violent actions are, and who among them were incited by Trump, how can we conclude that Trump should be held responsible for what those people do?

如果我們不知道那些參與任何暴力行動的人是誰,他們中誰是受川普煽動的,我們怎麼能得出結論說川普應該為這些人的行為負責?

據說已經有100多人因國會山的事件被捕了。我很想知道這些人是誰,有著什麼樣的背景。爲什麼天天在報”致命攻擊”的大媒體,沒有去把這些料給挖出來?應該把這些暴徒好好曝一下光啊,讓他們出來自首,是怎麼受到川普“煽動”的啊。

There are many other questions to ask, such as why didn’t the DC police do anything when authorities already knew days ago that something was being planned? Why wasn’t Trump’s offer to deploy 10,000 National Guard Troops in DC ahead of Jan. 6 accepted? But I don’t want to list them all here.

還有很多其他的疑問,比如當局幾天前就已經知道有人在策劃著要在國會山幹點什麼,為什麼華盛頓特區的警察不採取防範措施?

另外,川普1月6日之前多次提出要在華盛頓部署1萬名國民警衛隊士兵,爲何沒有接受他的建議?等等。

The Perpetrators, The Beneficiaries & The Victims 肇事者、受益者與受害者

Last night I heard this line from a Korean drama: “How to find out the perpetrators of something? Just find out who has benefited from it.”

昨天晚上在一部韓劇中聽到這樣一句臺詞:”如何找出某個事件的肇事者?只要找出誰從中受益就可以了。”

So, to apply this theory, which I think seldom goes wrong, to the event on Jan. 6: Who has benefited, and who has been greatly harmed and become victims?

所以,把這個理論套用到1月6日的事件上,來看看誰是受益者,誰是最大的受害者,那麼誰是肇事者這事兒,不是很明顯嗎?

We don’t need rocket science to figure these out.

America is beyond a joke for many people now because of what it has done and is still doing.  It is so sad.

對很多人來說,美國現在已經成了一個笑話了。真可悲。

2/11/2021 *

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发表在 时评 | The Facts & Lack of Facts about the “Deadly Attack” on the U.S. Capitol on Jan. 6 關於1月6日美國國會大廈 “致命攻擊 “的事實與事實之缺失已关闭评论

The Facts & Lack of Facts about the “Deadly Attack” on the U.S. Capitol on Jan. 6

While President Trump is being impeached for the second time for “inciting an insurrection at the Capitol that left five people dead”, “deadly attack” is the most commonly used term to describe what happened on Jan. 6 at the Capitol Hill. 

Are the allegation and description true? We need to check some facts first.

Facts:

Out of the 5 deaths on that day, only one is related to, or can be described as a “deadly attack”.  35-year-old Ashli Babbitt, a military veteran from San Diego, was shot to death by a Capitol Hill police lieutenant, when she tried to crawl through a broken window into the Speaker’s Lobby.

So, the “deadly attack” was charged by a police officer against a female civilian who was not armed.

All other 4 deaths were the result of medicinal conditions, including the case of Officer Brian Sicknick, who was widely reported as being beaten by a fire extinguisher.  Deaths from medicinal conditions had nothing to do with the “deadly attack”, nor should they be connected to or described as “deadly attack”. 

According to an analysis by Revolver News and quoted by Tucker Carlson , “there’s no evidence that Brian Sicknick was hit with a fire extinguisher at any point on Jan 6. The officer’s body apparently bore no signs of trauma. In fact, on the night of Jan. 6, long after rioters at the Capitol had been arrested or dispersed, Brian Sicknick texted his brother from his office. According to his brother, Sicknick said he’d been ‘pepper sprayed twice’ but was otherwise ‘in good shape’. Twenty-four hours later, Officer Brian Sicknick was dead.”

Tucker Carlson also said in his show that “the head of the Capitol police union has said he had a stroke. His body was cremated immediately, and authorities have refused to release his autopsy. No one has been charged in his death, and no charges are pending. ”

Therefore, if what happened on Jan 6 can be described as a “deadly attack”, it was an attack on a civilian by a police officer. And this attack has zero connection with President Trump.

Lack of Facts: 

  1. Who is the officer who killed Ashli Babbitt?

  2. Who are those people who engaged in violent deeds on that day?

Questions that Need Answers: 

  1. Why would the officer shoot Ashli Babbitt? What are the protocols for the police to shoot at people under that kind of circumstance? If anyone who tries to break a broken window needs to be shot to death, why only Ashli Babbitt was shot while others who did the same thing weren’t shot?

If shooting was not a required action to take, why did that police choose to shoot?  Did she impose an immediate danger on anybody? 

2. Who, among all the people who involved in any violent deeds on that day was “incited” by Trump to do what they did? What is the evidence to show their actions were the direct results of Trump’s “incitement”?

If we don’t know who those people who involved in any violent actions are, and who of them are incited by Trump, how can we conclude that Trump should be held responsible for what those people do?

There are many other questions to ask, such as why didn’t the DC police do anything when authorities already knew days ago that something was being planned? Why wasn’t Trump’s offer to deploy 10,000 National Guard Troops in DC ahead of Jan. 6 accepted? But I don’t want to list them all here.

The Perpetrators, The Beneficiaries & The Victims

Last night I heard this line from a Korean drama: “How to find out the perpetrators of something? Just find out who have benefited from it.”

So, to apply this theory, which I think seldom goes wrong, to the event on Jan. 6: Who have benefited, and who have been greatly harmed and become victims?

We don’t need rocket science to figure these out.

America is beyond a joke for many people now because of what it has done and is still doing.  It is so sad.

2/11/2021 *

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发表在 时评 | The Facts & Lack of Facts about the “Deadly Attack” on the U.S. Capitol on Jan. 6已关闭评论

In-depth Investigation: The Military Tied Network Behind Xiaomi’s Founder and CEO Lei Jun

Hello, everyone, welcome to “Inconvenient Truths”. I am your host Jennifer Zeng.  

Have you ever heard of Xiaomi?  It’s China’s second-largest, the world’s third-largest, cell phone maker, and was recently added to the blacklist of  Chinese firms that are owned or controlled by the CCP’s military. In theory, no Americans should invest in it after Nov. this year. But Xiaomi furiously denied its military connection. 

What is the truth? Through some in-depth investigation of The Epoch Times, it was found that Americans have bought as much as 24% of Xiaomi’s shares, and  Xiaomi not only has very strong military connections, but also plays an important role in a plan that aims to shorten the gap with the US to less than 2 years. 

Surprised? Let me tell you the story in detail.

Before I go on, please take a minute to subscribe to my channel, and like my videos. YouTube just deleted another video of mine, saying that I have “violated its community rules” by “glorifying and inciting violence”. But what I actually said was that in such a time of an information war, information is more important than …the word beginning with G, and we the people should speak and spread the truth. How ridiculous is it that YouTube is deleting this kind of video!

Also, as YouTube is also suppressing my undeleted videos, the views and incomes are dropping sharply recently. If you could, please consider supporting me and donating to help my channel. I have put a variety of donation channels in the description box. Please check them out. 

Well, now let’s go back to Xiaomi’s story. 

Xiaomi: Blacklisted and Denial 

On Jan. 14, the Trump administration added nine Chinese firms, including Xiaomi, to a list of companies that are owned or controlled by the CCP’s military. Businesses on the list are subject to restrictions, including a ban on American investment.

Xiaomi quickly issued a statement on the following day, saying that “The company confirms that it is not owned, controlled, or affiliated with the Chinese military, and is not a ‘Communist Chinese military company’.”

According to public information, Xiaomi was founded in 2010 and is headquartered in Beijing. It is the fourth company globally after Apple, Samsung, and Huawei to have self-developed mobile system-on-chip (SoC) capabilities.

However, Xiaomi’s attempts to develop its own chips have not been successful. But despite that, its global expansion moved on very rapidly, with major markets in India, Southeast Asia, and Europe.

Digging Deeper: The People Behind Xiaomi

If one only looks at the business operations or shareholding structure, one might not be able to find any direct ties between Xiaomi and the CCP’s military. However, if we check a more important factor-the people who founded, controls, and runs it-we will come to a different conclusion. 

Xiaomi’s founder Lei Jun is a senior executive and shareholder of a software company called  Kingsoft. He joined the company in January 1992 and became the general manager as a young man of only 25 years old in 1994.  In 2007, under his leadership, Kingsoft became a listed company in Hong Kong. 

Then who founded Kingsoft? It was  Zhang Kaiqing from China.

Zhang Kaiqing: Bypassing Western Restriction and Shipping Computer Chips to China

Zhang Kaiqing was born in Mauritius. He went back to China in 1935. After graduating from Tongji University in Shanghai, he joined the Communist Army’s Southward Service Corps in Fujian,  where he was in charge of education and culture at the Quanzhou Military Management Committee and later served as the director of the teaching department at the Quanzhou School of Health. 

In 1972, Zhang Kaiqing’s mother died in Hong Kong. So he went to Hong Kong in the hope to inherit some sort of wealth, but ended up not getting anything. After that, he stayed in Hong Kong and started up a computer chip business.

During that time, western countries were restricting technology exports to China under the agreement of the “Coordinating Committee for Export to Communist Countries”. As a result, the CCP couldn’t buy chips directly from the west. So Zhang Kaiqing used his personal connections and shipped many chips to China from abroad.

Later on the CCP’s Commission for Science, Technology and Industry for National Defense said to him, “Why don’t you set up a company?  We’ll buy all the chips from you in the future.

Since then the chips obtained through Zhang were used by the CCP to build submarines, satellites, and other applications.

Zhang Xuanlong: A Favorite of Both Jiang Zemin and Hu Jintao

In 1978, after supplying chips for the CCP for several years, a new Kingsoft was set up. Three years later, in 1981, Zhang  Kaiqing’s son Zhang Xuanlong took over the company and specialized in chip businesses.

In 1984, Zhang Xuanlong moved to Zhongguancun in Beijing,  and eventually won himself the title “Godfather of Zhongguancun”. Zhongguancun is a technology hub in Haidian District in Beijing. Many high tech companies are located there. 

Zhang Xuanlong became so successful that he later accompanied both Jiang Zemin and Hu Jintao when they went overseas to attend APEC as a member of the entrepreneurial delegation.

 Qiu Bojun: Winning an Award Personally Handed by Jiang Zemin

In the late 1980s, Zhang Xuanlong decided to build & sell his own software. He opened an office in Shenzhen and recruited then 24-year-old Qiu Bojun, who developed WPS, a Chinese processing software similar to Microsoft. 

Kingsoft was later moved to Beijing in 1988, and handed over to Qiu Bojun.

Qiu Bojun graduated from the National University of Defense Science and Technology of the PLA, People’s Liberation Army of the CCP. In 2001, he won the second prize of the National Science and Technology Progress Award and was personally received by CCP head Jiang Zemin. This was the highest national honor ever awarded to the software industry. 

Lei Jun and Qiu Bojun: Brothers and Comrades of 30 years

In 1992, Qiu Bojun recruited one of his big fans, then 23-year-old Lei Jun, to become the 6th employee of Kingsoft.

Since then Qiu Bojun and Xiaomi’s Lei Jun have been as close as “brothers” and “comrades”, In an article entitled “Thirty Years of Qiu Bojun and Lei Jun”, Lei Jun was quoted as saying, “thirty years of my life, thirty years of brotherhood, all are so dear to my heart.” He was very emotional about the time and the experiences he and Qiu Bojun shared in all those years. 

In 1998, 28-year old Lei Jun was promoted to the CEO. 

In 2007, he resigned as the CEO and was re-designated from an executive director to a non-executive one in August 2008.

Lei has been the Chairman and CEO of Xiaomi since 2010, and he is still also the director of the issuer and the honorary chairman of the board of Kingsoft.

 Xiaomi and Kingsoft: Interwoven against a Military Background

From the above facts, we can see that Xiaomi’s founder Lei Jun’s deep ties with Kingsoft, which has a strong military background. It was actually established under the request of a CCP’s military commission,  the Commission for Science, Technology and Industry for National Defense

Lei Jun and GalaxySpace

However, Lei Jun’s ties with the CCP’s military doesn’t stop at Kingsoft. He is also an “investor” of GalaxySpace, whose mission is  to “mass produce low-cost, high-performance small satellites” and “to create a global converged 5G communication network.”

Interestingly, Lei Jun’s name is only listed on the “about” page of the Chinese version of GalaxySpace, as one of the only three most important figures, but not on the English version of its “about” page. One would wonder what the company wants to hide from the English speaking readers.

The other two most important figures on the about page of the Chinese version of GalaxySpace are its Chairman and Founder Xu Ming and Chairman of the Technical Committee Deng Zongquan.

National Defense Project 973

Deng Zongquan also owns the following titles: “Director of Aerospace Institutions and Control Technology National Defense Key Discipline Laboratory”, “National Defense Project 973 Chief Scientist. Head of The National ‘111’ Project.”

Then what is the “National Defense Project 973”? 

According to the Chinese search engine Baidu,  the full name of the “National Defense Project 973” is ‘the National Security Major Basic Research Program’, also known as Military 973. National Defense Project 973 are strategic, fundamental, and forward-looking projects. They are national-level key basic research projects selected by the Ministry of General Armaments of the CCP in conjunction with the trend of future equipment technology development, and is conducted in cooperation with leading research institutions in related fields in China. ”

 Mysterious GalaxySpace: Setting Starlink As its “Benchmark” 

The background of GalaxySpace is even more mysterious. 

According to its own website, GalaxySpace was founded in 2016. 

After only over a year, it has developed China’s first low-orbit broadband communication satellite with a communication capacity of 10Gbps. The satellite was launched on January 16, 2020. The rocket was Kuaizhou 1A developed by China Aerospace Science and Industry Corporation. 

One of GalaxySpace’s missions is to provide “a global coverage with a 5G communication network”. This mission can easily remind one of SpaceX’s ‘Starlink’ program, which the CCP is closely watching and cares about a lot. According to a report in Chinese media, “the main target competitor for GalaxySpace’s business is SpaceX’s ‘Starlink’ program”. 

According to a report by China Galaxy Securities, Xu Ming, the CEO of GalaxySpace once said that after GalaxySpace launched its first satellite, it compared its technical indicators with those of the public tests of “Starlink”, and came to two conclusions: firstly, it is possible to create satellite Internet through low-orbit satellites and to provide 4G and 5G network connections; secondly, Chinese satellite Internet companies can fully use “Starlink” as a benchmark in terms of technology.

Catching Up with the US within 2 Years

On Nov. 11, 2020, the Chinese version of the Global Times published an article titled “GalaxySpace Receives New Financing.  CEO Xu Ming: Building China’s Internet Satellite”.  

According to the article, GalaxySpace’s second independently developed broadband communications satellite has now entered the final assembly stage. Xu Ming was quoted as saying, “Next, GalaxySpace will focus on building a super factory…to produce 300 to 500 satellites per year. Upon completion, the factory will be the first smart production line in China’s commercial space industry to match the Starlink program, and is expected to shorten the gap between China’s next-generation satellite production capacity and that of the United States to within two years.”

 Xu Ming: Connecting GalaxySpace and Kingsoft

According to the GalaxySpace website, Xu Ming is also the co-founder and former president of Cheetah Mobile.

According to Cheetah Mobile’s own website, in 2010, “Kingsoft Security merges with Conew Image to create Kingsoft Network (later renamed Cheetah Mobile)”. 

From this, one can see that Xu Ming also has ties with Kingsoft, which has strong military ties.

Satellite Internet: New Infrastructure for the CCP

In April 2020, the Development and Reform Commission of the CCP’s Central Committee also included satellite Internet in the scope of “new infrastructure”, and GalaxySpace obviously plays a big role in the new industry. 

Starlink Targeted by the CCP as the Core Strategic Interests of the U.S.

We all know that Starlink is a satellite internet constellation project proposed by SpaceX to provide high-speed Internet access worldwide through satellites. 

It plans to provide services that can almost cover the entire earth by the end of this year. 

In November of last year, the U.S. Indo-Pacific Command revealed the U.S. Space Force’s Starlink program, stating that the U.S. Space Force was working with SpaceX to deploy a massive space satellite network chain, adding military satellites to the Starlink program.

The CCP’s media has repeatedly and publicly claimed that the CCP’s development of satellite Internet is in the context of the CCP’s national defense and that it targets the U.S. “Starlink” program. What it wants to challenge is the core strategic interests of the U.S.

Lei Jun and Shunwei Capital’s Role in the CCP’s Satellite Internet Program

As a member of the CCP’s National People’s Congress, Lei Jun has put forward proposals at the CCP’s Two Sessions for two consecutive years. If you don’t know much about “Two Sessions”, just understand them as the most important annual political conferences of the CCP, in which all big issues are discussed and decided. 

At the 2019 congress, Lei Jun proposed “Proposals on Improving Innovation Capability and Vigorously Developing the Industrial Space Industry”. In the 2020 session, he proposed “A Proposal on Promoting the Development of the Satellite Internet Industry”.

Lei Jun also used his “Shunwei Capital” to directly invest in a number of aerospace enterprises.

After GalaxySpace successfully launched its first satellite, Lei Jun said on Weibo, “We at Shunwei Capital are very fortunate to have invested in GalaxySpace early and become a major investor in GalaxySpace.”

Lei Jun said, from 2018 to 2019, Shunwei Capital had been keeping on investing in GalaxySpace. 

The public information shows that Shunwei Capital was founded by Lei Jun and Xu Dalai in 2011. It manages a 2.96 billion US dollar fund and a 2 billion RMB yuan fund.

According to China’s National Business Daily, from 2017, Shunwei Capital  has invested in four commercial space companies, including Interstellar Glory and Deep Blue AeroSpace in the rocket field,  Qiansheng Exploration and GalaxySpace in the satellite field. 

Just one day before Xiaomi was blacklisted by the US government, on January 13, Beijing Securities Regulatory Bureau announced that  Interstellar Glory planned to go public and thus become the first listed private rocket company.

How Much Have Americans Invested in Xiaomi?

Under former President Trump’s executive order, U.S. investors are required to divest their securities in nine Chinese entities, including Xiaomi, by Nov. 11, 2021.

The Trump administration has argued that U.S. investment in Chinese companies that support the development of the CCP’s military will support the expansion of the CCP’s military, which has been pursuing a strategy of integrated civil-military development. This strategy supports the CCP’s military modernization goals by ensuring that the military has access to Chinese companies, universities and research programs that appear to be civilian entities to acquire and develop advanced technology and expertise. 

In 2015, Xi Jinping also proposed for the first time to elevate “military-civilian integration and development” to a national strategy of the CCP.

According to public information,  as of Feb 9,  U.S. firms hold a large proportion of Xiaomi’s shares. 

Among them, JP Morgan holds 2.468 billion shares, accounting for 9.79% of the issued share capital; Citibank holds 2.327 billion shares, accounting for 9.23%; Goldman Sachs holds 722 million shares, accounting for 2.86%; Morgan Stanley holds 469.8 million shares, accounting for 1.86%.

Altogether, these four US companies hold 23.74% of Xiaomi’s shares.

Does this make any sense? The US investors are supporting a company that obviously involves industries and businesses aiming at catching up with or perhaps taking down the US. 

Unfortunately, the executive order, signed by Trump before he left office, was amended by Biden to push back the effective date of the investment ban to May 27 from the previous Jan. 11.

Biden has so far undone, or revised many things and policies of Trump. I don’t know how much more damage we have to suffer for enough people to wake up and stop the stupidity. 

That’s all I will say for today. Thank you for watching. Once again, please support me in any form that you feel comfortable in doing. I rely on you to sustain my channel and to survive the big tech’s suppression.

Thank you! See you soon!

2/10/2021

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发表在 时评 | In-depth Investigation: The Military Tied Network Behind Xiaomi’s Founder and CEO Lei Jun已关闭评论

“Where is Jack Ma?” Current Updates on China – Bubbles, Declining Birth Rate, Alibaba Compromises

Hello, everyone, welcome to “Inconvenient Truths”. I am your host Jennifer Zeng.  

It has been a while since I updated everyone regarding the economic situation in China. So today I will make this up. I will talk about several huge cases, including what happened to China’s richest man Jack Ma and his e-commerce empire Alibaba, and the possible reasons behind it.

Huaxia Happiness: No Longer Happy

If you are new here, please make sure you subscribe to my channel, and turn on the notification bell so that we stay connected. 

The first case I’d like to talk about is a huge real estate group called Huaxia Happiness. In terms of its earnings, net assets, net profit per share, and total income and return in 2019, it ranked in the top 10 among the 114 listed companies in the real estate sector in China.  If you check the page of some of the financial data on its website,  it still tells you that in 2019,  it had 105 billion yuan income, and that is a 25.6% increase from the previous year, and 14.6 billion yuan’s net profit, an 24.4% increase from the previous year.

Website of Huaxia Happniess

Website of Huaxia Happniess

Financial Dafa of Huaxia Happiness for 2019

Financial Dafa of Huaxia Happiness for 2019

However, several days ago, on Feb 1, it suddenly announced “the failure of the company and its subsidiaries to repay some debts on time”. In the “announcement”, Huaxia Happiness says that up to then, the principal and interest amount involved in the overdue debts is 5.255 billion yuan, involving bank loans, trust loans, and other forms of debt, etc.

In the meantime, as of January 31 this year, the company had a monetary fund balance of 23.6 billion yuan, of which only 800 million yuan was available, or could be used to pay off the debts. 

That is to say, the capital chain was already broken. As Huaxia Happiness is such a big company, its debt default brought a big shock to the market.

Several months ago, in Sep. last year, I shared a similar story about another big real estate company Evergrande. It was China’s largest real estate developer by contracted sales in 2019. After encountering a similar problem of a broken capital flow, it virtually “blackmailed” the local government, and asked the government to support it. Because it was “too big to fail”, its blackmail was successful at that time.

Now, the same thing happened to Huaxia Happiness, which is in Hebei Province near Beijing. Will the local government try to save it as well? Or does the government have the ability to save it? Probably not. 

Too Many  Bubbles

Why do the same stories happen in the real estate market in the first place? As far as I can see, there are too many bubbles in the real estate market in China. China’s house price to income ratio is the second-highest in the world. As much as 70% of residents’ wealth is locked in the real estate market. 

In other words, the house price is too high. But because too many people’s invested interests are in this sector, including local governments, state-owned banks, big developers, high prices must be maintained to ensure those people’s interest. 

But excessive borrowing in this sector has always been a huge problem. So last year the government drew 3 red lines for the real estate companies to try to cool the market down. All the 3 red lines involve putting a limit to what kind of companies can keep on borrowing. If you’ve already had a high debt ratio, you cannot borrow any more. 

So Huaxia Happiness might have been caught up by these new red lines, and couldn’t borrow new debt to repay the old ones.

This is to look at things from a microscopic viewpoint. 

Big Problems

But if we put this problem at a bigger background, we can see that there could be two other reasons. One is that because of the pandemic that has been going on for over a year now, the Chinese economy as a whole is also suffering badly.

Another factor is, in recent years, the birth rates have been falling in many cities and provinces. For example, in Taizhou city in Zhejiang province and Guiyang city in Guizhou province, the birth rate in 2020 dropped by more than 30%. 

Some experts estimate that China now actually has only 1.2 billion people, instead of 1.4 billion we usually know of. China’s National Bureau of Statistics recently announced that it would postpone the release of birth data for 2020. This is a very unusual thing to happen. One possible explanation is that they need to “polish” the data so that they won’t look too bad, and can fit well with the data from the seventh census. 

So, if we consider these bigger factors, we shouldn’t be surprised if, in the future, more real estate companies collapse.

HNA Group: From Buying, Buying, and Buying to “Bankruptcy Restructuring” 

The second case I want to share is the  “bankruptcy restructuring” of the HNA group of China announced on Jan. 29. HNA Group is China’s fourth-largest airline and second-largest privately owned enterprise.  As of the second quarter of 2019, HNA Group’s total liabilities reached 706.7 billion yuan, and its gearing ratio reached as high as 72%. The mess left behind by HNA is alarmingly large.

This company was established in 1998 and was once China’s largest asset buyer. For a period of time, it kept on buying, buying and buying all over the world. For example, it once bought 20% of the shares of NH Hotel Group of Spain,  25% stock in Hilton Worldwide Holdings, and 100% of the shares of several other very big international companies.  

But now, only several years later, it went into “bankruptcy restructuring”.

“Where is Jack Ma” and What Happened to Ant Group’s Projected Largest IPO in the World?

Now, let’s go to the story of Jack Ma and Alibaba.

In the past several months, there have been a lot of dramatic events, as well as speculations and rumors surrounding Jack Ma and his company Alibaba, the world’s largest retailer and e-commerce company.

It all started in Oct last year when Jack Ma openly criticized Xi Jinping for his handling of the financial market, saying that there was no system in terms of financial market regulations in China. 

After that, on Nov. 2,  China Securities Regulatory Commission dropped a shock bomb by saying that the market regulators had just sought a “talk” with Jack Ma and several other senior members of Ant Group, which was supposed to launch the world’s largest IPO soon.  Ant Group is a financial service company founded by Jack Ma. Alibaba owns about ⅓ of it. It owns China’s largest digital payment platform Alipay

And then, the much anticipated IPO of Ant Group was halted on Nov 3, in just less than 48 hours when it was supposed to happen. 

As a result, Alibaba’s share dropped as much as nearly 10% in both the US and Hong Kong stock markets. 

Since then all sorts of speculations and rumors started to pop up. Some say Jack Ma was under control and banned from leaving China, some say he had already escaped from China and was hiding on some small island, etc. Because there is no transparency with such sensitive issues in China, it is easy for all sorts of rumors to find their ways on social media.

After disappearing from public eyes for nearly 3 months, Jack Ma made a video appearance on Jan. 20. Let’s take a look at the video. (play the video) In this video, he talked to about 100 countryside teachers and thanked them for their hard work. But he didn’t mention at all what happened to Ant Group, Alibaba, or himself.  But people at least knew that he was still in China, and under the control of the CCP. 

On Jan. 25, many internet platforms including Alipay all took down their bank deposit products. The deposits of about two trillion yuan (RMB) on these platforms will be “centrally deposited” by China’s central bank and other commercial banks. This means that customers of these platforms can no longer directly deposit money to their bank accounts via these platforms. They can only directly do so via their banking system.  Experts say that this is because the Chinese Central Bank lacks money and liquidity, so that it wanted to get all the money into its own hands.

The latest somewhat “official” news we got is that Alibaba’s e-commerce platform  “Taobao” will be the exclusive e-commerce sponsor for China Central TV’s Chinese New Year Gala, and will throw out as much as 2 billion yuan, which is about 309 million US dollars, to the viewers as awards, to attract more people to watch the Gala.

Another piece is published by Bloomberg, saying that Ant group has reached some kind of agreement with Chinese regulators on a restructuring plan that will turn Jack Ma’s fintech giant into a financial holding company, making it subject to capital requirements similar to those for banks.

When these two pieces of latest news came out, people say that Jack Ma must have reached some sort of compromise with the CCP, which means that the CCP will allow Alibaba and Ant Group to continue to exist, but Jack Ma must give out a lot of his core interests to the CCP.

What are his core interests?

Ant Group and Alipay are obviously all part of the core interests. The CCP has been very tough on its financial control. The big state-owned banks, although they are very incompetent, inefficient and inconvenient, they are the CCP’s own assets, so the CCP must make sure that no other people are in their way, or are able to compete with them.

On the other hand, although Jack Ma is also a CCP member, and must have also received a lot of support from certain CCP factions, or has some CCP  factions behind him, his business empire is not under the direct control of the CCP.  When more and more Chinese people choose to use Alipay and Ant Group’s products and services, the CCP’s banks are losing their businesses. When you are too big, you impose a danger to the CCP’s banks.

Another very important, or the most important asset of Alibaba is its big data.  With so many users using Taobao and Alipay, all their information, including their financial status, what they like to buy, how often they consume something, where they go, where they travel, where they stay when they travel, etc., all the data is owned and controlled by these platforms.

We all know that the CCP has been very aggressive in building up its digital totalitarianism in recent years. It has invested a huge amount of money to build up the infrastructure, such as Sharp Eye surveillance system, Smart City projects, social credit systems, etc. With digital totalitarianism becoming the core tool for the CCP to control its people and the entire society, it of course wouldn’t feel comfortable with all of that big data being owned and controlled by a private company. 

Communism= An Ideology of Common Ownership

I think these are the fundamental reasons why Jack Ma and Alibaba were suppressed by the CCP. Actually, several years ago, there were already talkings about having the private enterprises exit from the Chinese economy, as they had accomplished their historical mission, and were no longer needed.

There were also quite a few big names of big private enterprises that publicly said that if the CCP, or their dear motherland, needs to take their enterprises away, they would be very happy to contribute. They made this kind of gesture to be politically safe and correct.

So, in essence, the CCP’s mentality is that the Party owns everything in China. Even if they temporarily allow you to run “private companies”, and to make money, or to make as much money as Jack Ma has, when it’s time for the party to take them back, it will just take them back. 

Jack Ma has been a legacy for many years. He started from a nobody, and eventually became the richest person in China, and once in the entirety of Asia. So many young people took him as a role model. 

Biden’s China Policy: Working with the CCP Will Only Make it Stronger

However, in CCP’s China, nobody is absolutely safe.  Communism in Chinese is Gong Chan Zhu Yi, which means an ideology of common ownership. So under this common ownership ideology, there is no such thing as private ownership. That’s why the CCP never felt guilty or wrong for just confiscating or taking away all of other people’s properties and belongings. It is very sad that when the CCP started talking about how it would open up its market and learn from the West, so many people were deceived into believing that the CCP would finally join the big family of the civilized world and play by the same rules. It never intended to do so.

That’s why I felt very bad when hearing Biden say that “the United States is ready to work with China when it is in its interests to do so.”  To work with the CCP is to make the common enemy of mankind stronger, and allow ourselves to be taken advantage of, or even be destroyed by the CCP.

That’s all I will say for today. Thank you very much for watching. Please do make sure you subscribe to and are still subscribed to my channel. If you have missed my previous videos, please do check them out.

Thank you. See you soon!

2/5/2021 *

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发表在 时评 | “Where is Jack Ma?” Current Updates on China – Bubbles, Declining Birth Rate, Alibaba Compromises已关闭评论

關於疫情:與中國大陸友人的對話

今天有一名多年不见、但已經被我勸退(指退出中共黨、團、隊組織)的中国大陆朋友突然来问我美国的疫情怎样,要我多加小心。我回复说:

“疫情怎樣不太清楚。忽上忽下,數據有政治操縱因素在內,不是很準。

“我現在出門不多,疫情不會找我的,你放心。

“但是,疫情會找上很多人,以前中國人不是講瘟神嗎?既然是神,他是長眼睛的,他知道該找誰。會死很多人。

“你有想救的,趕快讓他們退,你明白吧?這個事吧,寧信其有。反正信的人不損失什麼。其他方法,包括疫苗,都不會管用的。現在病毒已經有4000多種突變了,疫苗根本跟不上的。這裏已經有很多人在問:如果封城管用,怎麼我們又在封城了?(之前封過一段時間,後來放開了,最近又說要封)如果封城不管用,我們幹嘛要封?

“不過,這裏封城概念跟中國不一樣。中國是真限制你自由,這裏所謂封城,只是飯館不開了,不讓堂吃了,不會派人守住你不讓出門。你出門照樣可以出去,超市一直開的,只是限制人數,一次性不能進去太多人,排隊時互相之間要間隔6英尺以上,等等。

“我基本都遵守這些,雖然我知道這些都是沒用的。但又能怎樣呢?人到了該還業的時候了。所以有這樣的大流行病,大淘汰。

“另外,多存點吃的吧。說不上哪天就買不到了。”

然後他回信說:“知道……”

2/4/2021 *

曾錚於2021年1月3日攝於紐約。

曾錚於2021年1月3日攝於紐約。

发表在 时评 | 關於疫情:與中國大陸友人的對話已关闭评论

Big Guys Vs. Little Guys: The Untold Stories from a Former Insider

Hello, everyone, welcome to “Inconvenient Truths”. I am your host Jennifer Zeng.  

In the past two weeks, the unprecedented battle surrounding GameStop and a few other stocks, has caused a great amount of interest from all over the world. Many Chinese netizens excitedly call it an epic battle between the chives and the sickle, while westerners say it is a battle between ants and the elephant. Whatever terms you use, if ants can beat the elephant, if chives can launch a fight back against the sickle,  that is really usual, exciting, and encouraging.  

How will the on-going battle end? Will the little guys in China also have a chance to defeat the big guys? What are the reasons behind this “madness”? I will discuss these after I tell everyone some untold secrets of the big guys in the stock market. I think it is important that I tell these stories now for us to learn more about the darkness of the stock market, how little guys can be totally in the dark, and how the stock market is never a level playground for the little guys. 

Two High Profile Workplaces

But before I go on with my story, please make sure you subscribe to my channel, and share my videos as widely as you can. It is very obvious that YouTube is suppressing my videos. Many of my friend’s channels have been recently demagnetized. In such a difficult time, I do need your support and help. 

Now, let’s go back to my story. You know, after I graduated from Peking University, and before I left China, I only worked at 2 workplaces, both of them were very high profile. The first one was the Development Research Center of the State Council of China. It is the highest level government policy research and consultant body directly under the State Council.

The second workplace was the Tsinghua Unigroup Securities Investment Consultant Company. One of its main shareholders is Tsinghua Unigroup of Tsinghua University.

In China, Peking and Tsinghua University are the absolute top 2 universities. No other university can compete or come close. 

In the 1990s,  Tsinghua Unigroup Securities Investment Consultant Company was one of the only 5 companies in China that gained a license to provide financial consultant services to public companies. So we can say it is a very high-profile company too. I was once the assistant to the General Manager, as well as the manager of the department of securities investment of this company. We once worked inside the Diaoyutai State Guest House. Let’s show several pictures here. You can see that the Diaoyutai State Guest House is quite magnificent. It is often used by Chinese state leaders to offer receptions to visiting foreign leaders. And our office was inside this very beautiful and magnificent complex. 

Diaoyutai State Guest House .

Diaoyutai State Guest House.

4.jpg

A Lottery Mechanism in IPOs

I am not talking about these to boast about my past, but to let everyone know that I do have some inside knowledge and information; and the secrets I am going to share for the first time ever are real, and I am sure you haven’t heard about them from anywhere else. 

Well, in the 1990s, China had just started its “experiment” with learning from the west and opening up its own stock market. In the beginning, only a handful of companies were allowed to be listed in the market. So there were very few stocks. Because the demand was far above the supply, every time when a company launched its IPO, which is, initial public offering, it was very hard to buy any, as too many people rushed to buy. Because the supply was so lacking, whatever original stocks you could get, you would certainly make a lot of money after you sold them when stock was traded at the market. 

Because the competition was so hot, it became a question as to who could buy, and who could not, and how to ensure that the little guys could have a fair game in this battle. 

So, in the end, the authorities came up with an idea. Let’s adopt a lottery mechanism to determine who could buy the original shares. First of all, everyone who wanted to buy can place their orders, and the computer system would generate an order number for each order, and then according to the ratio of the total number of orders to the actual quantity of shares, a so-called “winning rate” was set. And then the computer would decide which numbers “won”, and people with the winning numbers could then buy the shares.

And, in order to make sure that everyone had a fair chance, every investor could only buy a maximum of 1000 shares.

You think this is fair enough, right? The truth is, you are absolutely wrong!

Fake Cards of the Big Guys

First of all, the institutional players figured out ways to own more than one shareholder’s card or securities account card. Usually, every investor could only apply for one securities account card, and one securities account number. Let’s show a picture a securities account card from the Shanghai Stock Market. You can see there is a number on the cover, and then other information inside, including the person’s name, address, National ID card number, date of when the account was opened, etc. 

A securities account card from the Shanghai Stock Market

A securities account card from the Shanghai Stock Market

So how could you own more than one card? These are several channels I knew of: some institutional players just bought a lot of dead people’s ID cards from the Public Security Bureau. As dead people’s ID cards were supposed to be returned to the Public Security Bureau, so they had a lot to sell.

Then you could use dead people’s ID cards to apply for securities account cards.

This was the less direct channel.

A more direct channel was just to buy fake securities account cards from the black market. 

I’ve seen a lot of these fake cards. How did I know they were fake? Let’s show an ID card from China.

A national ID card from China

A national ID card from China

You can see on this card, there are 18 digits at the bottom of the card. That is the ID number of this person. The first 6 digits represent her city code, where she lives. Then the next 8 digits represent her date of birth. Like this girl, she was born on Oct 9, 2002, so you can see the 8 digits on her card are 20021009, they are the year, month, and the date of her birthday. 

So, if you see an ID card with 13 as the month, or 35 as the date of someone’s birthday, you know this is fake, as there are only 12 months in a year, and there is no 35th day in any month. 

I guess because too many fake securities account cards were produced, and the people who produced them were not very careful, they made quite a lot of these low-level mistakes when faking the ID card numbers. 

A Special Program for Institutional Players

However, owning a lot of fake cards was only part of the game. The next step was, the dealers provided special services to the institutional players. They actually developed a special program for these institutional players. 

How did the special program work?

For ordinary investors, the little guys, and the real people, everyone had only one ID card, one securities account card, and one fund account in which to deposit their money with one dealer. So they could only place one order when buying original shares. The so-called winning rate at that time was usually only a few thousandths, which means, out of 1000 orders, there were only a few, maybe 1, 2, or 3 “winners”.

So for the retail buyers, their chances to win were almost zero, as there could be only a few IPOs in the entire year. You needed to place the order for maybe 1000 or 500 times to ensure one winning bid. 

However, for the institutional investors, the dealers allowed them to connect as many securities account cards as possible to their fund account, and developed a special program for them to place “bulk” orders. If they had 1000 securities account cards connected to their fund account, they only needed to place one bulk order, and the program would automatically transform this one bulk order into 1000 individual orders for each securities account card connecting to the sole fund account. And, because these 1000 orders were created almost at the same time, their order numbers were continuous. So, if you do a lottery, because these institutional investors owned over 1000 numbers, they would surely win. If the “winning rate” was 3 per 1000, they would surely have 3 winning numbers, so that they could always buy the original shares, and make huge profits.

So in this game, the little guys, although they placed orders every time, could never have an equal chance to win, as the big guys.

That was the situation with IPOs.

A Real Case: Profiting 75% by Buying and Selling Its Own Shares

And how about the normal, daily trading?

Let me tell you another real case I knew. There was a company in Shaanxi Province in China, which launched its IPO in the late 1990s. Let’s call it Q company. 

Usually, on the first trading day after the IPO, most investors who “won” the original shares via the lottery system I just talked about, would sell their shares to lock their profits. At that time there was virtually no risk to buy original shares. You could always sell them on day one when they were traded on the stock market.  So many institutional investors specialized in doing this, or doing only this. 

So, on the first day when the shares of Q company were traded, this company, which already had a large number of fake securities accounts, quietly bought a significantly large portion of its own shares, with the money they just received via the IPO. But these shares were under the fake names on the fake cards, so in theory, their shares were bought by many enthusiastic individual investors. That’s what their public information would tell you.

Anyway, this company bought its own shares at an average price of a few yuan on the first trading day. Little by little, the share price climbed up. As the company owned a lot of its own shares, it was very easy to control the price. You can just buy and sell the shares to yourself, especially right before the market was closed. In such a way, you could control at what price the share ended for that day, and thus create a perfect technical pattern for your share.

Several months later, the price went up to around 15 yuan. For a manufacturing factory of its kind, that was about how high its share price could go.

Then, the company suddenly announced that it would acquire a high tech company in ShenZhen city, and thus transform itself into a high tech company. 

So the market became very excited. If you could call yourself a high tech company, your share price went up to another territory, which was at least over 30 yuan.

In China, it was very easy to buy over several so-called experts or market analysts to have them talk on TV or in the newspaper about how much more this company’s shares would be worth. So the deceived little guys kept buying, while the company itself quietly sold the shares it held for nearly one year.

After this round of operation, this company made a profit of about 75% by buying and selling its own shares. 

As to its high tech “transformation”, sorry, it never intended to do so. And as to those little guys who bought their shares at the highest price, sorry, that’s your own bad luck.

So this was just one of the true stories I knew. There were too many similar stories in the market every day. After working in this sector for two years, whenever there were friends or relatives who asked me for advice regarding the stock market, I always said to them, “My only advice is: never touch it.”

Well, that’s the situation in China. I never advised anyone not to touch stocks in the US, or any other countries.

Will The Chives in China Have a Similar Chance? 

While many people in China also became very interested and excited about what was happening surrounding GameStop, some of them couldn’t help asking: What could the little guys in China learn from the little guys in the US? Can they do the same thing?

My answer is, no. In China, the CCP has absolute control over every sector of the society. It is hard to imagine that 2 million people could discuss or organize something on the Internet without interruption. The CCP will shut down this kind of discussion before it attracts maybe only 200 people. Any group activities that are not allowed by the CCP can be regarded as dangerous. 

 How do I Look at the GameStop Phenomenon? 

The next question is, how do I look at the GameStop phenomenon? 

For those who don’t know much about GameStop, or things surrounding it yet, let me do a short introduction first.  

GameStop is an American video game, consumer electronics, and gaming merchandise retailer. It is the world’s largest video game retailer, and has 5,509 retail stores throughout the United States, Canada, Australia, New Zealand, and Europe. In recent years, its business has not been good, and its share price dropped a lot. 

And because some hedge fund managers believed that the share price of GameStop would continue to fall, they shorted it by 140%, which means if GameStop had 100 shares, they had borrowed 140 shares and sold them. They sold something they didn’t have or own.

Some people found this out, and thought that because GameStop was over shorted, its price could bounce back. 

And then, through the coordinated effort by a Reddit community called  WallStreetBets or WSB, which already has over 8 million members-please show the screenshot of the community (show pic 9) -so through this community, more little guys, perhaps millions of them, started to buy GameStop’s shares. This resulted in a 1,500 percent increase in GameStop’s share price over the course of two weeks, reaching an all-time intraday high of $483.00 as of January 29, 2021. Let’s have a quick look at its price chart. (Show Pic 10)

And because of the quick and sharp price rise, several large hedge funds that shorted it suffered heavy losses. Some had to close out their positions, and there were also rumors that some were talking about filing bankruptcy.

So it seems that for the first time ever, the little guys, by acting together, were able to beat the big guys. 

In China, netizens often call the little guy chives that can only be cut, or reaped by the sickles repeatedly. Isn’t it exciting that now the chives are actually cutting, or defeating the sickles? 

Experts would say, oh, no, it was crazy, it was not rational. GameStop’s share could never hold up at such a high price, and those who rushed in late would suffer great losses, etc.

Yes, all these arguments are true and have some value in them; but they failed to explain why the GameStop phenomenon happened.

Although the stock markets in western countries are fundamentally different from the CCP’s stock markets, there are also quite a lot similarities. For example, the rules are created by the big guys, and big guys sometimes change the rules to benefit themselves. In terms of information, inside knowledge and the services they can enjoy, just like the examples I mentioned earlier, the big guys have a lot more advantages. That’s why the chives are always reaped by sickles, not the other way around.

In some sense, the GameStop phenomenon not only reflects problems with our financial systems, but is also a manifestation of little guys’ anger and resentment towards the political system. Let’s take a look at the WallStreetBets or WSB’s logo (show pic 11) . I think everybody can get the message here. That logo with a Trump hair style has become a symbol, and many people are using it as their social media profile photo, too. 

In one of my previous shows, I talked about the cycle of “formation-stasis-degeneration-destruction-emptiness”. That is the Buddhist theory of how the universe evolves and operates. Perhaps we are really in a historical moment when the previous cycle is ending, and another cycle is about to begin. 

So looking forward, more unusual, surprising, or even shocking things could happen. In such an uncertain time, I think the most important thing for us to do is to uphold the truth and principles, stick to our conscience, and do what we can to spread the truth and good messages.

That’s all for today. Thank you very much for watching. Please do subscribe to my channel if you haven’t, and share it with your friends and families. 

Thank you. See you next time.

2/2/2021 *

Truth Saves Lives. Subscribe and support! 真相能救命。請支持!

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发表在 时评 | Big Guys Vs. Little Guys: The Untold Stories from a Former Insider已关闭评论

關於法輪功修煉方法的問答

(曾錚按:最近接到一封私信,問我法輪功的修煉方法問題。我覺得也許其他朋友也有同樣問題,所以發表出來供大家參考。)

問:您好,曾錚,我對修煉法輪功很有興趣,我看到在油管也有一些練功的視頻,但是我不太敢相信,您可以給我推荐一些修煉方法嗎?謝謝。

答:先看這《轉法輪》這本書,一定要一次性看完,書在這裏:https://big5.falundafa.org/falun-dafa-books.html, 最上面那本就是。

煉功動作可以跟這個視頻學:https://big5.falundafa.org/falun-dafa-video-audio.html

轉法輪》看完,可以依次看其他書,按順序,在此鏈接處,從上往下看,其他書和視頻不要看,不要看油管上的,只有我給你那個網站才是大法官網

另外,明慧網有一些弟子的心得,各地消息、迫害真相等,法輪功創始人李老師有新經文時,也會在這裏首發,有空有可以看看。除了這兩個網站外,其他的不要亂看。

修煉方法就是學法(看法輪功李老師的書籍)、煉功、修心、去執著,按真善忍做人做事。

沒有什麼其他方法。

又:以上所說只代表我個人認識,不代表法輪功。法輪功的修煉方法,以李老師在《轉法輪》和其他書籍中講的爲準。

2/3/2021 *

圖:一名法輪功學員在打坐。這是法輪功第五套功法,《 神通加持法 》。動作要領請看 《  法輪大法-大圓滿法 》

圖:一名法輪功學員在打坐。這是法輪功第五套功法,《神通加持法》。動作要領請看法輪大法-大圓滿法

发表在 时评 | 關於法輪功修煉方法的問答已关闭评论