WEBVTT
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Chinese stocks are falling after
Donald Trump wins the US elections.
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Vietnam is ramping up artificial
island building in the South China Sea.
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And a Philippine military drill
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focuses on liberated occupied islands
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in plain view of the Chinese military!
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That and more on this week’s
China news headlines.
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Welcome to China Uncensored, I’m Chris Chappell.
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This episode is sponsored by Incogni.
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You probably know that companies are
collecting your personal data.
00:00:29.666 --> 00:00:31.930
But you may not realize just how many.
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Dozens, maybe
hundreds—
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most of which you’ve never heard of
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And you have no idea what they’re
doing with it.
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Incogni helps stop them.
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I’ll explain more at the end.
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Donald Trump will be the next
President of the United States.
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So what does the Chinese
Communist Party think about this?
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Eh, it doesn’t care.
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At least, that’s the official story.
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The official response to the
election results were formulaic.
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Foreign Ministry Spokeswoman Mao
Ning said “
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our policy towards the US is consistent
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…we will continue to view and
handle China-US relations
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in accordance with the principles of mutual respect
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peaceful
co-existence and win-win cooperation.”
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Which makes sense.
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I mean, what else
are they going to say?
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That they wish he lost and that he’s a horrible,
terrible meanie?
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They’re not MSNBC .
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Besides, that would probably end about as
well as it ultimately did for the Democrats.
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But unofficially, some are
telling a different story.
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One philosophy professor at the
National Taiwan University said
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that everyone he was speaking with
was talking about the election.
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He told Fox News Digital that Trump’s victory
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is “a worst-case scenario” for Beijing.
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Relations between Washington
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and
the CCP are already strained,
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and Trump has vowed to impose
heavier tariffs on China.
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Many of the Trump Administration’s policies
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towards China remained in place during the
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Biden Administration.
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Because even “Sleepy
Joe” was alert enough to see China’s a threat.
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But this time around, the philosophy professor
says,
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China knows how much such policies will hurt
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, and they will come at a time when
China’s domestic economy
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is not doing well.
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That’s…a bit of an understatement
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. China’s
economy is an absolute dumpster fire on wheels.
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And Canada, the US, and many European
countries
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are already placing tariffs on
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Chinese EV imports
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and other goods after
accusing China of dumping on the market.
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But China doesn’t care that Trump won!
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Just look at how not-nervous Xi looks.
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We’ll just have to wait and see how it
all plays out for China…
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Or, maybe not!
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Because major US-listed Chinese stocks
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are already falling after Trump’s win,
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with his tariff promises in the spotlight.
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Shares of Chinese e-commerce giant
Alibaba fell by as much as 4.5%,
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while JD.com fell by 7.7% and
Bilibili stock fell by 7.8%.
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Call those stocks Tom Petty,
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cause they’re free fallin’.
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Meanwhile, as the final results
of the election started coming in,
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the Hong Seng Index dropped 2.2%
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and the
Shanghai Composite Index fell by 0.1%.
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This may have something to do with the
10-20% tariffs
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across the board that Trump has suggested imposing
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with
60% tariffs on Chinese goods.
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A 60% tariff on Chinese goods could reduce
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Chinese GDP growth by 2.4 percentage
points
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, according to Citi analysts.
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And given that China’s official GDP
growth numbers are already just barely hanging on
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with the actual numbers probably far
lower –
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that could be a serious blow to China.
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Of course, those same analysts
believe that
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threat is going to be used as a bargaining chip
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by Trump
rather than actually implemented.
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Which makes sense. It’s a gamble.
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You can take the man out of the casinos,
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but you can’t take the casinos out of the man
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. Especially when his name is on them.
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Of course, the stock market being the stock market
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, the panic eased up in the days after the
election,
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and several of the stocks rebounded.
NOTE Paragraph
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So I guess we’re back to, “
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we’ll have to wait and
see how this all plays out.
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”A Taiwanese couple has been indicted
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for being paid by the CCP
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to
spread their propaganda and influence elections.
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The couple, [a man named Chang Meng-chung and his
wife, Hung Wen-ting ] were charged with violating
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Taiwan’s Anti-Infiltration Act and election laws
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by making radio and digital media propaganda for Beijing
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in exchange for $2.32 million,
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paid
out over more than a decade!
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[Chang and Hung ]are both members of a small political
party on the island called the CUPP–
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the China Unification Promotion Party.
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Which is pretty self-explanatory.
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The party only has about 60,000 members.
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But the indictment is actually
pretty significant
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because Taipei, in the past
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, has struggled to connect
Chinese cash payouts to the CUPP.
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Which indicates that the 2020
Anti-Infiltration Act has changed things.
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The Investigation Bureau of Taiwan’s Ministry
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of Justice said in its statement Monday
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that authorities investigating Chang Meng-chung
and his wife searched 24 locations
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between December 2023 and July of this year.
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The bureau said it seized mobile phones,
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computers, financial records and other evidence.
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According to the prosecutors, China’s Taiwan
Affairs Office in Beijing
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and its branch office in Fujian province
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paid the couple between
2011-23.
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I guess it’s nice to see given the state of China’s economy that
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Beijing is
able to offer steady income to somebody.
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And what did they do in exchange?
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Well, allegedly, they promoted candidates
favored by Beijing
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, disparaged Hong Kong democracy activists
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and members of Falun
Gong,
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boasted about China’s military power,
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and urged Taiwan’s troops to surrender
in the event of a Chinese invasion.
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So they were shills.
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I hope China at
least gives them some commemorative swag.
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“I sold out my country and
all I got was some money,
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a prison sentence, and this poorly made T-shirt.”
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Prosecutors also allege the couple
went to mainland China several times
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to provide program summaries and
plans for CCP authorities to review.
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China hasn’t commented on the arrest,
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but
Chang says “Taiwan says it’s democratic,
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but it’s not democratic at all.
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The CUPP
has always been championing cross-strait reunification
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, so what I said is the same
as what the CUPP has always advocated.”
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True, but when you say it for payments to the tune of $2.3 million,
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it’s just
a little bit different.
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And after the break, Vietnam and the
Philippines are getting tough on China.
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Welcome back.
00:06:10.480 --> 00:06:13.842
Vietnam is taking a harsher stance on
Chinese aggression
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by demanding Beijing return detained Vietnamese fishermen
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and ramping up island-building.
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Vietnam claims that a number
of Vietnamese fishermen
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have been detained by China near the Paracel
Islands
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for quote unquote illegal fishing,
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although they haven’t said when these
fishermen were detained or how many were taken.
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And last week, the deputy spokesperson for Vietnam’s Foreign Affairs Ministry
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called on China to release them.
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At a news conference on Halloween, he said,
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“Vietnam resolutely opposes China’s actions,
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and requests China to fully respect
Vietnam’s rights over the Paracel Islands,
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release all illegally detained Vietnamese
fishermen
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and vessels, compensate for damage,
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and stop and not repeat the harassment and illegal
capture of Vietnamese vessels and fishermen.”
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The disputed Paracel Islands
are claimed by Vietnam but
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have been occupied by China since 1974.
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China, of course, disputes
Vietnam’s version of events.
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I assume China’s version is, “We — as always
—
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did nothing wrong, quit hating, haters.”
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China and Vietnam have a testy relationship
historically,
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going back to a Chinese invasion
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of its southern neighbor back in 1979
that didn’t end too well for the CCP.
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China had a bad time invading Vietnam?
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Man,
they’ve been copying the US for decades!
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But the CCP might find it much more difficult
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to bully Vietnamese fishermen
now than they did in the past.
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Because Vietnam is ramping up
construction of artificial islands
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in the South China Sea.
00:07:36.320 --> 00:07:39.760
Analysts are suggesting that this could
lead to a militarization of the area,
00:07:39.760 --> 00:07:43.320
with an airfield even being
built on the Barque Canada Reef.
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Neither country is commenting
much on the issue at this time,
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and it’s likely going to take much
longer
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before Vietnam’s efforts could match those of China’s militarized
islands
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in the South China Sea.
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But this could eventually allow Vietnam to counter
China’s attempts
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to claim waters in its territory,
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especially since the CCP has its hands full
dealing with Taiwan and the Philippines.
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Man, China is making so many enemies
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they can’t keep track of their enemies.
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They’re spread thinner than Xi’s skin
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when he sees this image. .
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Seriously,
don’t share it.
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It makes him real mad .
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Philippine forces have retaken an island in
mock combat
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right in front of China’s navy.
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This was the first such exercise of
its kind
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and showed off Philippine military capabilities
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as Chinese
warships nearby watched on.
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General Romeo Brawner Jr. observed
the drills from a frigate
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and underscored how the exercise displayed the readiness
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of the Philippine forces.
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Brawner told a small group of journalists
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who were invited to see the exercises that, “
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We are warning our neighbors
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or whoever or any external forces
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that we are capable of defending our islands.”
00:08:44.760 --> 00:08:49.200
Brawner has even said that the Chinese
ships nearby added realism to the exercise.
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As if Filipino ships hadn’t already had enough
realistic encounters
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with Chinese boats.
00:08:54.120 --> 00:08:55.830
The Philippines and China have been clashing
00:08:55.830 --> 00:08:57.950
for a long time over disputed islands
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and waters in the South China Sea.
00:09:00.080 --> 00:09:04.580
And the US has repeatedly warned
the CCP that it is obligated by treaty
00:09:04.580 --> 00:09:08.393
to defend the Philippines
should tensions escalate into war.
00:09:08.393 --> 00:09:11.440
Chinese officials have not
commented on this drill,
00:09:11.440 --> 00:09:12.742
but, in the past,
00:09:12.742 --> 00:09:16.520
they’ve opposed war
drills entirely in the South China Sea.
00:09:16.520 --> 00:09:20.760
Unless, of course, the People’s Liberation
Army Navy is the one conducting them!
00:09:20.760 --> 00:09:22.780
The head of Myanmar’s military government
00:09:22.780 --> 00:09:26.120
is visiting China for the first
time since taking power.
00:09:26.120 --> 00:09:28.032
This is the first time in over three years that
00:09:28.032 --> 00:09:30.920
Myanmar’s junta chief has traveled to China,
00:09:30.920 --> 00:09:33.044
and he is due to visit the city of Kunming,
00:09:33.044 --> 00:09:35.440
which is not so far from the Myanmar border,
00:09:35.440 --> 00:09:38.880
for a series of talks and summits
on regional economic cooperation,
00:09:38.880 --> 00:09:41.120
according to a report from state-run TV.
00:09:41.120 --> 00:09:44.520
The report said he will also have “meetings with
Chinese government officials
00:09:44.520 --> 00:09:46.511
to discuss ways to enhance goodwill
00:09:46.511 --> 00:09:50.000
, economic and various sectors
between the two governments and the people.”
00:09:50.000 --> 00:09:53.520
Because who would know more about
improving economies than China?
00:09:53.520 --> 00:09:55.760
Everybody. The answer is everybody.
00:09:55.760 --> 00:09:57.890
Myanmar is in a devastating civil war,
00:09:57.890 --> 00:10:00.640
and the military junta has recently
faced a series of losses.
00:10:00.640 --> 00:10:03.930
China’s been backing both sides through different measures,
00:10:03.930 --> 00:10:05.830
which we’ve covered on the show before
00:10:05.830 --> 00:10:07.380
.Some opposition groups in Myanmar
00:10:07.380 --> 00:10:10.329
have expressed their concern about China hosting the junta chief
00:10:10.329 --> 00:10:14.440
, since the junta is sanctioned
by many Western nations for human rights abuses.
00:10:14.440 --> 00:10:18.120
Not that China would ever listen to
concerns about human rights abuses!
00:10:18.120 --> 00:10:20.801
Beijing has been concerned about
potential spillovers
00:10:20.801 --> 00:10:22.740
of the violence from both sides
00:10:22.740 --> 00:10:25.800
and has failed to
broker a ceasefire numerous times.
00:10:25.800 --> 00:10:29.600
But now, the CCP wants to make
its concerns heard loud and clear,
00:10:29.600 --> 00:10:31.380
including by shutting down borders
00:10:31.380 --> 00:10:33.520
and cutting electricity to Myanmar towns,
00:10:33.520 --> 00:10:35.190
among other measures.
00:10:35.190 --> 00:10:37.360
Wow… so Xi does care.
00:10:37.360 --> 00:10:39.460
Now, I’ve got a video to show you
that you’re going to love,
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but first this episode is sponsored by Incogni.
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And before YouTube’s algorithm sends you off to some random video,
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check out this video
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Once again, I’m Chris Chappell. See you next time.