Chinese stocks are falling after
Donald Trump wins the US elections.
Vietnam is ramping up artificial
island building in the South China Sea.
And a Philippine military drill
focuses on liberated occupied islands
in plain view of the Chinese military!
That and more on this week’s
China news headlines.
Welcome to China Uncensored, I’m Chris Chappell.
This episode is sponsored by Incogni.
You probably know that companies are
collecting your personal data.
But you may not realize just how many.
Dozens, maybe
hundreds—
most of which you’ve never heard of
And you have no idea what they’re
doing with it.
Incogni helps stop them.
I’ll explain more at the end.
Donald Trump will be the next
President of the United States.
So what does the Chinese
Communist Party think about this?
Eh, it doesn’t care.
At least, that’s the official story.
The official response to the
election results were formulaic.
Foreign Ministry Spokeswoman Mao
Ning said “
our policy towards the US is consistent
…we will continue to view and
handle China-US relations
in accordance with the principles of mutual respect
peaceful
co-existence and win-win cooperation.”
Which makes sense.
I mean, what else
are they going to say?
That they wish he lost and that he’s a horrible,
terrible meanie?
They’re not MSNBC .
Besides, that would probably end about as
well as it ultimately did for the Democrats.
But unofficially, some are
telling a different story.
One philosophy professor at the
National Taiwan University said
that everyone he was speaking with
was talking about the election.
He told Fox News Digital that Trump’s victory
is “a worst-case scenario” for Beijing.
Relations between Washington
and
the CCP are already strained,
and Trump has vowed to impose
heavier tariffs on China.
Many of the Trump Administration’s policies
towards China remained in place during the
Biden Administration.
Because even “Sleepy
Joe” was alert enough to see China’s a threat.
But this time around, the philosophy professor
says,
China knows how much such policies will hurt
, and they will come at a time when
China’s domestic economy
is not doing well.
That’s…a bit of an understatement
. China’s
economy is an absolute dumpster fire on wheels.
And Canada, the US, and many European
countries
are already placing tariffs on
Chinese EV imports
and other goods after
accusing China of dumping on the market.
But China doesn’t care that Trump won!
Just look at how not-nervous Xi looks.
We’ll just have to wait and see how it
all plays out for China…
Or, maybe not!
Because major US-listed Chinese stocks
are already falling after Trump’s win,
with his tariff promises in the spotlight.
Shares of Chinese e-commerce giant
Alibaba fell by as much as 4.5%,
while JD.com fell by 7.7% and
Bilibili stock fell by 7.8%.
Call those stocks Tom Petty,
cause they’re free fallin’.
Meanwhile, as the final results
of the election started coming in,
the Hong Seng Index dropped 2.2%
and the
Shanghai Composite Index fell by 0.1%.
This may have something to do with the
10-20% tariffs
across the board that Trump has suggested imposing
with
60% tariffs on Chinese goods.
A 60% tariff on Chinese goods could reduce
Chinese GDP growth by 2.4 percentage
points
, according to Citi analysts.
And given that China’s official GDP
growth numbers are already just barely hanging on
with the actual numbers probably far
lower –
that could be a serious blow to China.
Of course, those same analysts
believe that
threat is going to be used as a bargaining chip
by Trump
rather than actually implemented.
Which makes sense. It’s a gamble.
You can take the man out of the casinos,
but you can’t take the casinos out of the man
. Especially when his name is on them.
Of course, the stock market being the stock market
, the panic eased up in the days after the
election,
and several of the stocks rebounded.
So I guess we’re back to, “
we’ll have to wait and
see how this all plays out.
”A Taiwanese couple has been indicted
for being paid by the CCP
to
spread their propaganda and influence elections.
The couple, [a man named Chang Meng-chung and his
wife, Hung Wen-ting ] were charged with violating
Taiwan’s Anti-Infiltration Act and election laws
by making radio and digital media propaganda for Beijing
in exchange for $2.32 million,
paid
out over more than a decade!
[Chang and Hung ]are both members of a small political
party on the island called the CUPP–
the China Unification Promotion Party.
Which is pretty self-explanatory.
The party only has about 60,000 members.
But the indictment is actually
pretty significant
because Taipei, in the past
, has struggled to connect
Chinese cash payouts to the CUPP.
Which indicates that the 2020
Anti-Infiltration Act has changed things.
The Investigation Bureau of Taiwan’s Ministry
of Justice said in its statement Monday
that authorities investigating Chang Meng-chung
and his wife searched 24 locations
between December 2023 and July of this year.
The bureau said it seized mobile phones,
computers, financial records and other evidence.
According to the prosecutors, China’s Taiwan
Affairs Office in Beijing
and its branch office in Fujian province
paid the couple between
2011-23.
I guess it’s nice to see given the state of China’s economy that
Beijing is
able to offer steady income to somebody.
And what did they do in exchange?
Well, allegedly, they promoted candidates
favored by Beijing
, disparaged Hong Kong democracy activists
and members of Falun
Gong,
boasted about China’s military power,
and urged Taiwan’s troops to surrender
in the event of a Chinese invasion.
So they were shills.
I hope China at
least gives them some commemorative swag.
“I sold out my country and
all I got was some money,
a prison sentence, and this poorly made T-shirt.”
Prosecutors also allege the couple
went to mainland China several times
to provide program summaries and
plans for CCP authorities to review.
China hasn’t commented on the arrest,
but
Chang says “Taiwan says it’s democratic,
but it’s not democratic at all.
The CUPP
has always been championing cross-strait reunification
, so what I said is the same
as what the CUPP has always advocated.”
True, but when you say it for payments to the tune of $2.3 million,
it’s just
a little bit different.
And after the break, Vietnam and the
Philippines are getting tough on China.
Welcome back.
Vietnam is taking a harsher stance on
Chinese aggression
by demanding Beijing return detained Vietnamese fishermen
and ramping up island-building.
Vietnam claims that a number
of Vietnamese fishermen
have been detained by China near the Paracel
Islands
for quote unquote illegal fishing,
although they haven’t said when these
fishermen were detained or how many were taken.
And last week, the deputy spokesperson for Vietnam’s Foreign Affairs Ministry
called on China to release them.
At a news conference on Halloween, he said,
“Vietnam resolutely opposes China’s actions,
and requests China to fully respect
Vietnam’s rights over the Paracel Islands,
release all illegally detained Vietnamese
fishermen
and vessels, compensate for damage,
and stop and not repeat the harassment and illegal
capture of Vietnamese vessels and fishermen.”
The disputed Paracel Islands
are claimed by Vietnam but
have been occupied by China since 1974.
China, of course, disputes
Vietnam’s version of events.
I assume China’s version is, “We — as always
—
did nothing wrong, quit hating, haters.”
China and Vietnam have a testy relationship
historically,
going back to a Chinese invasion
of its southern neighbor back in 1979
that didn’t end too well for the CCP.
China had a bad time invading Vietnam?
Man,
they’ve been copying the US for decades!
But the CCP might find it much more difficult
to bully Vietnamese fishermen
now than they did in the past.
Because Vietnam is ramping up
construction of artificial islands
in the South China Sea.
Analysts are suggesting that this could
lead to a militarization of the area,
with an airfield even being
built on the Barque Canada Reef.
Neither country is commenting
much on the issue at this time,
and it’s likely going to take much
longer
before Vietnam’s efforts could match those of China’s militarized
islands
in the South China Sea.
But this could eventually allow Vietnam to counter
China’s attempts
to claim waters in its territory,
especially since the CCP has its hands full
dealing with Taiwan and the Philippines.
Man, China is making so many enemies
they can’t keep track of their enemies.
They’re spread thinner than Xi’s skin
when he sees this image. .
Seriously,
don’t share it.
It makes him real mad .
Philippine forces have retaken an island in
mock combat
right in front of China’s navy.
This was the first such exercise of
its kind
and showed off Philippine military capabilities
as Chinese
warships nearby watched on.
General Romeo Brawner Jr. observed
the drills from a frigate
and underscored how the exercise displayed the readiness
of the Philippine forces.
Brawner told a small group of journalists
who were invited to see the exercises that, “
We are warning our neighbors
or whoever or any external forces
that we are capable of defending our islands.”
Brawner has even said that the Chinese
ships nearby added realism to the exercise.
As if Filipino ships hadn’t already had enough
realistic encounters
with Chinese boats.
The Philippines and China have been clashing
for a long time over disputed islands
and waters in the South China Sea.
And the US has repeatedly warned
the CCP that it is obligated by treaty
to defend the Philippines
should tensions escalate into war.
Chinese officials have not
commented on this drill,
but, in the past,
they’ve opposed war
drills entirely in the South China Sea.
Unless, of course, the People’s Liberation
Army Navy is the one conducting them!
The head of Myanmar’s military government
is visiting China for the first
time since taking power.
This is the first time in over three years that
Myanmar’s junta chief has traveled to China,
and he is due to visit the city of Kunming,
which is not so far from the Myanmar border,
for a series of talks and summits
on regional economic cooperation,
according to a report from state-run TV.
The report said he will also have “meetings with
Chinese government officials
to discuss ways to enhance goodwill
, economic and various sectors
between the two governments and the people.”
Because who would know more about
improving economies than China?
Everybody. The answer is everybody.
Myanmar is in a devastating civil war,
and the military junta has recently
faced a series of losses.
China’s been backing both sides through different measures,
which we’ve covered on the show before
.Some opposition groups in Myanmar
have expressed their concern about China hosting the junta chief
, since the junta is sanctioned
by many Western nations for human rights abuses.
Not that China would ever listen to
concerns about human rights abuses!
Beijing has been concerned about
potential spillovers
of the violence from both sides
and has failed to
broker a ceasefire numerous times.
But now, the CCP wants to make
its concerns heard loud and clear,
including by shutting down borders
and cutting electricity to Myanmar towns,
among other measures.
Wow… so Xi does care.
Now, I’ve got a video to show you
that you’re going to love,
but first this episode is sponsored by Incogni.
Whenever you do anything online or use apps on your phone,
there are tons of companies that collect your personal data
I’m talking: name, social security number, home address,
employment history
all sorts of things
you might not want to be public knowledge.
When I signed up for Incogni in 2022,
I discovered there were dozens of data brokers
that potentially had my private
information
—without my permission.
This was terrifying.
So what did I do?
I’ve been getting as many of these companies as possible
to delete my data from their systems.
I did it using Incogni.
And you can, too.
Incogni has already gotten my details removed
from 357 of these data brokers who’ve collected my info.
And I didn’t have to do anything
after signing up.
Incogni just handles it.
So get Incogni for yourself—
and reclaim your own data.
Go to Incogni dot com slash UNCENSORED
and use the code UNCENSORED
to get 60% off an annual Incni plan
. Get your personal
data off the market with Incogni.
And before YouTube’s algorithm sends you off to some random video,
check out this video
from my show Deep Thoughts While Gaming,
about Peanut the Squirrel
and the second amendment right
to bear arms
in the game Squirrel with a Gun.
Once again, I’m Chris Chappell. See you next time.