Yep…he has 7-8 years to start war and initiate martial-law, and no more elections, to stay in power until he dies, or he will drop from power and lose more than “power”😅
Officially, the West and most of the world do not recognize Taiwan as a country. So, including Taiwan in China's territory is not a political statement but a default/neutral statement. That is why there is no Taiwanese embassy or Taiwanese Olympics teams, but there are Chinese Taipei embassies and Chinese teams. In contrary, not including Taiwan in China's territory would be considered a political statement if your country does not recognize Taiwan as a country.
@@baiwuli6781 I don't think that 'it isn't a country, that means it should be listed along with the territory of whoever claims it, despite a lack of control' is really the 'neutral/default' statement. I don't think Palestine is a country, but I also don't think that it should be filled in as a part of Israel on a map. That'd be really strange, because Israel doesn't have de facto control over those territories. China has no official presence on Taiwan; they don't collect taxes, they don't have soldiers, police, or administrative workers there (other than a few nominal staff members that work similarly to ambassadors). They don't build infrastructure there, and they don't pay out pensions to Taiwanese residents. China does not de-facto own Taiwan, and the de-jure claims are... I don't want to say 'dubious' because that's not quite correct, but the official claim certainly isn't airtight. On most maps that I've seen, the 'neutral/default' stance for countries without official recognition that have had long-term de-facto control over a region is either to draw them in as blank or darkened out, or to have a red or dotted line around the territory with an asterisk or some other marker to indicate that it's a disputed territory. For example, something like "Taiwan* (Claimed by People's Republic of China)"
Usually I'm all for forgiving mistakes like that but this is a big blunder and needs to be fixed asap imo. We cannot give chinas claim on taiwan even the tiniest shred of credibility. I also missed it, good on you for noticing! o7
The pension system only exists on paper. 70% of pensioners are eligible for less than 1$ a day, and a majority of those live in the countryside and don't receive it. It's said that often the money is lining the pockets of CCP officials instead. Even of those that know that they are eligible, many don't receive it because you have to make a trip every month and often just the trip there costs more than the entire month's "pension". Instead of a pension system, most old people are either relying on family (98% on their children) + subsistence farming or working a fake job like "security", or are simply homeless
@@oadkabasically they setup artificial barriers to make collecting the pension either a pain in the butt or a loss after paying for travel expenses, for eligible pensioners.
@@oadka no because of the huko system chinese pensioners face a lot of red tape ,,, in the Chinese system, an eligible individual must prove that they’re alive in order to access their welfare money and this is a lot harder than it sounds. In some provinces, would-be pensioners are still required to return to the place that issued their identity documents in person!! so if you moved away because of marriage or work ..... the place that issues you youre pension could be on the other side of the country !
For my non-chinese speaker friends, iron rice bowl is a literal translation of the Chinese term we use called 铁饭碗. Essentially because rice is a staple, have an iron bowl, i.e., one that doesn't break as opposed to ceramic bowls, signifies that the thing 'feeding' you can't be broken easily and that you won't starve.
The urban-rural pension divide is insane. I'm from Shangahai, and my retired relatives average around 7000-8000 yuan ($1000) a month on average. Meanwhile, my inlaws, who were farmers in Guangxi, get about 150 yuan per month ($21 per month), not even enough for food. Their retirement pension is really the money sent home by their children working in the cities.
@ A family will only be as strong as their willingness to stay together regardless of circumstances. Now any ideology that promotes 'me me me' goes directly against that. If people only stay purely for their personal benefit then most wont stay at the first sign of discomfort and feminism idealize the concept of the world revolves are around me. Men that leave their families due to debt etc were always considered by society to be one of the worst things you could do. There is a reason treason is harshly punished by all societies.
As a Taiwanese who didn’t really know shit or seriously care about the PRC’s pension systems, seeing us included in the map is just whack. Also, I don’t think TLDR used to have the problem of lumping Taiwan in with China. I remember seeing maps of China shown on their channels without Taiwan attached. What’s going on here?
@@manuelmed98 i mean i know it could well be a mistake, but as i said, from my admittedly fallible memory, there have been multiple instances in the past where they did not make this particular mistake. and adding on top of that, call it my taiwanese bias, but a not-so-small island off the coast isn’t *that* hard to spot, is it?
That graph is absolute BS. Poland has 22 113 USD according to World bank, Russia 13 817 USD, yet both looks like has the same amount of USD per capita. As well I dont understand selection of countries. It should be developing economies vs developed economies, but graph shows some countries without any logic. Looks like author mixed data from World Bank, United nations, put countries that he was in as tourist last summer and put France two times, because he was returning to UK via France.
and then china had the one child policy that made every child responsible for at least 6 people , there 2 parents and 4 grandparents who in turn push the child from a very young age to get an as high education as possible , while expecting especialy for sons , to buy a house , a car , while also having the funds get a wife and become a father !( bride prices are still common in china and rising hard thanks to the imbalance between male/female) from all the above stress a a lot of young chinese simply dont want to participate! no wonder the bai lan , let it rot movement is gaining traction!
Really highlights how governments have dropped the ball on pensions. Its been a vote winner for so long despite it being a known future problem. I suppse when you have a government that's only interested in the next 5 years it's hard to justify long term plans.
one thing im thankful for in my country is that our pension system is more reliant on the individual rather than the young paying for the old. although its likely that the young still has to pay for the old in terms of taxes being used to pay for welfare programmes, its way better to have the responsibility of one's retirement for himself rather than hoping the young will pay for you in the future
Great nothing wrong with paying somewhat for benefits of older generation they're one who raised us . Ofcourse as long as it's not wholly determintal for newer generation
As said, the pension systems are per province. Shanghai and Guangdong’s system are still in excellent health, but for example Heilongjiang has been reliant on transfer payments to fulfill its obligations for years now.
Your graphics are usually good about it, but at 2:30 the map of China erroneously includes Taiwan, not part of the PRC and definitely not a payer or recipient of PRC pension plans. Please be more careful.
The point made in 6:52 is completely wrong. China's old age pension program is mandatory by law and is not optional. Employer can face fines for not enrolling their employees into the pension. Also, it's not accurate to describe 63 retirement as a plan, as it's already be put into effect
The law has been ratified but implementation is set to be over 15 years, beginning in 2025. The decision was only made in Q3/24, so I don’t think many people who were set to retire in January have actually been affected.
Yes, its a world wide problem. I think this video just showing how badly it will hit Chinese seniors who are retiring. Very large part of the Chinese population will be retiring in the next 30 to 40 years. Same issue going on with the USA
@@Zackzickel e.g., in the US, pension technically refers to any retirement savings program, but good luck finding a person who will call their 401k a 'pension'
I am a recent computer science graduated student in China, the economy is just so hard and companies are just not hiring, and when you go to the career fair booths in the campus those people who are supposed to hire are just disrespectful like we have to beg to get a job. I am so tired of this country both physically and mentally, now I have to work as a food delivery man and pay for my student debt.
pretty sure Taiwan has a completely separate pension system from China, also a completely separate government and uh also is a completely separate country
Since time immemorial, people have been stating that China's downfall is imminent. Nothing of that sort is going to happen. They are a thriving bustling economy, who are currently sitting on a trillion dollar surplus budget.
People were also saying that china was going to surpass the US. But that didn't happen. China is staring down numerous critical problems with no easy solutions. I don't think china is going to cease to exist or anything, but they are almost certainly going to fail to achieve their goal of becoming a super power.
They don't have surplus, and yeah, obviously Chinese growth is stopping, it's neither a secret nor a conspiracy, they are just entering the middle-income trap as economists have predicted. It's not an armageddon it just means stagnation.
Seems like Italy but here you are forced to pay for pensions, my company spends 40k each year to get me but after taxes and pension that I'll never have I get barely 20k a year as an engineer. 😢😢😢😢
Just move to Germany. Germany is desperate for qualified engineers (there are over 2 open engineering positions for every one engineer in the country) and you can get at least 60k-80k euros salary.
@Dendarang does Germany has a big areospace industry? (I'm not an areospace engineer (I'm electronics/software) but all my experience is in the areospace sector)
They don't protest unless there is something very directly affecting them. Which is the way and the reason they are kept poor relative to their country's income.
Everyone is missing the automation angle on the demographic issue. In a world where very few of us will be useful, a collapsing demographic is a feature, not a bug,
It's crazy the levels of income disparities between rural and urban residents in China. Here in the US (which certainly is no stranger to income disparities) you'll normally expect to see rural people pull in something like 2/3 of what urban people are making. Not great, but rural Americans aren't starving, and there's a healthy middle-class even where I live in the middle of Appalachia. And then in China it seems that it's often a greater than an order of magnitude, such as the commenter in this thread who mentioned his urban family members are getting paid a pension of 7000-8000 yuan/month while his rural in-laws are getting paid 150 yuan/month. It makes me wonder what forces are at play to cause such a disparity between American rural people and Chinese rural people. Is it a failing on China's part, a success on America's part, a factor of the US being a developed economy for a longer period of time while China hasn't had time to 'pass on' its success to rural areas yet, or perhaps maybe just a simple fact of the USA's rural area being more productive per person due to geographic/demographic factors?
Most simply; the US is a democracy, so the government gives the citizens a vote that they can sell to the highest bidder. This puts a floor on how poor people in the US can actually be, assuming they are of sound mind.
As part of its modernization and industrialization efforts, China focused on its urban development which drove industrialization. Keep in mind that China is still a relatively newly industrialized country. Xi's social programs have been trying to lower the gap between the urban and rural communities with all kinds of subsidies. Also keep in mind that not all rural communities and people are the same. I have a family friend who recently moved back to China to be a pig farmer because he would make significantly more as a pig farmer running a large farm in China compared to his office job here in Canada.
Meanwhile also the same channels: Assad won the war, the rebels are living on borrowed time, Assad will unite Syria anyday now. You honestly never really know what leads to a collapse of a country, but often it’s something you can’t even predict. I seriously doubt a pension problem will be the fall of China, it has to be way more severe.
I'm curious to see how this goes with the East because we're not far behind. Unless we want to fill the gaps in our population with brown/black workers. But I really don't see that going down well.
They need someone like Vivek to come in and convince the people rhat are about to retire that social sec- i mean state pensions are actually totally a bad idea
The CCP owns a lot of assets, unlike most governments. I wonder if this will help the situation. I guess it might but only if the government decides to spend the money that way.
China's one child policy has been around for so long that its become a normalized generational institution. China is going to have to change the generational mindset when it comes to kids and thats not gonna be easy.
Love the thumbnail where you wanted to do a ´young old´ split theme with the same person only aged up... but as the base young person you chose 71 YEAR OLD Xi! So it just looks like Xi with colored and grey hair but otherwise identical 😅
"It’s shocking and unacceptable to see such a blatant misrepresentation of India’s boundaries and Taiwan being included in China. A channel with such a huge following and influence has a responsibility to be accurate and respectful of international boundaries. This isn’t just a small mistake-it’s a serious oversight that disrespects the sovereignty of nations. Please take accountability and correct this immediately. Such errors damage credibility and trust with your audience!"
You put Taiwan as being part of China and then at 5:45 you have France twice in the same chart. Come on guys, this stuff is not difficult to notice and correct. Do you even rewatch your videos?
china is budget cutting since the bank scare of 2022 from military etc retired military pensioners have a bad time bec its either delay or not enough from there pensions most of the went merc in russia then senior citizens still work in waste disposal cleaning bec the pensions are not enough or delay that they cannot buy necessities (taiwan is a different matter) i had seen a video were retired military personals were kick out of there homes bec they cannot pay mortgage they spend chrismass in the streets
Tge first thing they need to do is bring in anti age discrimination laws. Tech companies essentially sack their staff at 40. After 50 ut is very hard to find a white collar job!
2:30 Taiwan is an independent country, not part of China. Also, why doesn't China make it mandatory for workers to contribute to pensions by taking it out of there paycheck?
The thumbnail just reminded me that Xi is actually 71 years old
Love that they tried to do a young/old image with the same person ... but chose a 71 year old man as the base so only the hair color changes 🙃
Even if adorned a lot, age always shows up
His hair dye makes him look a lot younger
Yep…he has 7-8 years to start war and initiate martial-law, and no more elections, to stay in power until he dies, or he will drop from power and lose more than “power”😅
10 years younger than America's leader
Including Taiwan on the map is wild 😂
+ 500 social points
Officially, the West and most of the world do not recognize Taiwan as a country. So, including Taiwan in China's territory is not a political statement but a default/neutral statement. That is why there is no Taiwanese embassy or Taiwanese Olympics teams, but there are Chinese Taipei embassies and Chinese teams. In contrary, not including Taiwan in China's territory would be considered a political statement if your country does not recognize Taiwan as a country.
@baiwuli6781 +100 Social points. Not enough patriotism for the motherland and the party
It's showing Taiwan as the true government of China, nothing to worry about.
@@baiwuli6781 I don't think that 'it isn't a country, that means it should be listed along with the territory of whoever claims it, despite a lack of control' is really the 'neutral/default' statement. I don't think Palestine is a country, but I also don't think that it should be filled in as a part of Israel on a map. That'd be really strange, because Israel doesn't have de facto control over those territories.
China has no official presence on Taiwan; they don't collect taxes, they don't have soldiers, police, or administrative workers there (other than a few nominal staff members that work similarly to ambassadors). They don't build infrastructure there, and they don't pay out pensions to Taiwanese residents. China does not de-facto own Taiwan, and the de-jure claims are... I don't want to say 'dubious' because that's not quite correct, but the official claim certainly isn't airtight.
On most maps that I've seen, the 'neutral/default' stance for countries without official recognition that have had long-term de-facto control over a region is either to draw them in as blank or darkened out, or to have a red or dotted line around the territory with an asterisk or some other marker to indicate that it's a disputed territory. For example, something like "Taiwan* (Claimed by People's Republic of China)"
@@adamperdue3178Palestine is literally a country that most of the world accepts as a country.. Taiwan..Is not
Why is Taiwan included in China’s territory around 2:30?
Are Taiwanese people paying into that pension too?
Taiwan has even worse ageing population
Looks like TL;DR supports the one-China policy
Usually I'm all for forgiving mistakes like that but this is a big blunder and needs to be fixed asap imo. We cannot give chinas claim on taiwan even the tiniest shred of credibility. I also missed it, good on you for noticing! o7
Taiwan is CHINA 🇨🇳🇨🇳🇨🇳 @@roo_stonks
+500 social credits
The pension system only exists on paper. 70% of pensioners are eligible for less than 1$ a day, and a majority of those live in the countryside and don't receive it. It's said that often the money is lining the pockets of CCP officials instead. Even of those that know that they are eligible, many don't receive it because you have to make a trip every month and often just the trip there costs more than the entire month's "pension". Instead of a pension system, most old people are either relying on family (98% on their children) + subsistence farming or working a fake job like "security", or are simply homeless
That's extremely bad. By trip do you mean they need to visit the provincial capital?
@@oadkabasically they setup artificial barriers to make collecting the pension either a pain in the butt or a loss after paying for travel expenses, for eligible pensioners.
@@oadka no because of the huko system chinese pensioners face a lot of red tape ,,,
in the Chinese system, an eligible individual must prove that they’re alive in order to access their welfare money and this is a lot harder than it sounds. In some provinces, would-be pensioners are still required to return to the place that issued their identity documents in person!!
so if you moved away because of marriage or work ..... the place that issues you youre pension could be on the other side of the country !
@@oadka County office, as far as I'm aware. Maybe a netizen can chime in
@@palvierflex4344 Got it
The system for proof of life is similar in India but no issue with something like huko
For my non-chinese speaker friends, iron rice bowl is a literal translation of the Chinese term we use called 铁饭碗. Essentially because rice is a staple, have an iron bowl, i.e., one that doesn't break as opposed to ceramic bowls, signifies that the thing 'feeding' you can't be broken easily and that you won't starve.
I think that meaning carries over into English extremely well
Taiwan is not part of the Chinese pension system.
Hi, I'm interested in starting to invest, but I'm not sure where to begin. Do you have any recommendations or contacts that could help?
It is prudent to seek expert advice when creating a solid financial portfolio due to its complexities
The truth is you cannot succeed without a reliable person like Naomi.
Naomi's distinctive strength is her pragmatic approach,, Setting her apart from other brokers who often set unrealistic goals and fail to deliver.
So you all know her too? Her success story is everywhere.
If someone is straightforward and skilled in their work, people will always recommend them. I appreciate her honesty,,
The urban-rural pension divide is insane. I'm from Shangahai, and my retired relatives average around 7000-8000 yuan ($1000) a month on average. Meanwhile, my inlaws, who were farmers in Guangxi, get about 150 yuan per month ($21 per month), not even enough for food. Their retirement pension is really the money sent home by their children working in the cities.
$21 is insane
@@xiphoid2011 hence why marriage is deemed so important in China by the old but through feminism and entitlement made all of them unviable.
😢😢😢
@@waiwai5233How is feminism a problem? And what do you mean by entitlement?
@ A family will only be as strong as their willingness to stay together regardless of circumstances. Now any ideology that promotes 'me me me' goes directly against that. If people only stay purely for their personal benefit then most wont stay at the first sign of discomfort and feminism idealize the concept of the world revolves are around me. Men that leave their families due to debt etc were always considered by society to be one of the worst things you could do. There is a reason treason is harshly punished by all societies.
As a Taiwanese who didn’t really know shit or seriously care about the PRC’s pension systems, seeing us included in the map is just whack.
Also, I don’t think TLDR used to have the problem of lumping Taiwan in with China. I remember seeing maps of China shown on their channels without Taiwan attached. What’s going on here?
I'm pretty sure that's just a mistake. Map mistakes in slides aren't a new thing for this channel.
Just a mistake. So nothing is going on.
@@manuelmed98 i mean i know it could well be a mistake, but as i said, from my admittedly fallible memory, there have been multiple instances in the past where they did not make this particular mistake.
and adding on top of that, call it my taiwanese bias, but a not-so-small island off the coast isn’t *that* hard to spot, is it?
Taiwan isn't an independent country and the whole world acknowledges so. I think its politically neutral to include Chinese Taipei as part of China
Fear. China might get mad.
France was for some reason listed twice in graf in 5:52
I was just about to comment that! They also showed Taiwan as apart of China at 2:30 min
That graph is absolute BS.
Poland has 22 113 USD according to World bank, Russia 13 817 USD, yet both looks like has the same amount of USD per capita.
As well I dont understand selection of countries. It should be developing economies vs developed economies, but graph shows some countries without any logic.
Looks like author mixed data from World Bank, United nations, put countries that he was in as tourist last summer and put France two times, because he was returning to UK via France.
@@Teapodenominal or PPP?
Typical Frenchies always wanting special treatment.
Bro, crazy errors on this video
@2:30 - TAIWAN IS AN INDEPENDENT COUNTRY. It is not apart of mainland China.
2:29 Taiwan isn’t part of China. It never has been, never will be.
Chinese pension system has always been the family.
and then china had the one child policy that made every child responsible for at least 6 people , there 2 parents and 4 grandparents who in turn push the child from a very young age to get an as high education as possible , while expecting especialy for sons , to buy a house , a car , while also having the funds get a wife and become a father !( bride prices are still common in china and rising hard thanks to the imbalance between male/female)
from all the above stress a a lot of young chinese simply dont want to participate!
no wonder the bai lan , let it rot movement is gaining traction!
Very similar to India
And the average size of the family dwindled from 1
40 people to barely a few people...
Except their birth rate has been declining… so that is under fire too. Not that this is unique to China.
Yes but feminism, crazy bride prices , divorces pretty much destroyed this system as well.
Really highlights how governments have dropped the ball on pensions. Its been a vote winner for so long despite it being a known future problem.
I suppse when you have a government that's only interested in the next 5 years it's hard to justify long term plans.
one thing im thankful for in my country is that our pension system is more reliant on the individual rather than the young paying for the old.
although its likely that the young still has to pay for the old in terms of taxes being used to pay for welfare programmes, its way better to have the responsibility of one's retirement for himself rather than hoping the young will pay for you in the future
Let me guess, Chile?
@ nope, on the other side of the world from singapore!
Great nothing wrong with paying somewhat for benefits of older generation they're one who raised us . Ofcourse as long as it's not wholly determintal for newer generation
@@yapisaiah5307 oh that's new, how does it work there?
@@cauaqueirozpaes7105 20% of your salary goes to compulsory retirement fund where it earns compound interest of 2.5% every year.
As said, the pension systems are per province. Shanghai and Guangdong’s system are still in excellent health, but for example Heilongjiang has been reliant on transfer payments to fulfill its obligations for years now.
Yea I imagine the pension situation in all of Dongbei is pretty rough.
Your graphics are usually good about it, but at 2:30 the map of China erroneously includes Taiwan, not part of the PRC and definitely not a payer or recipient of PRC pension plans. Please be more careful.
How on Earth do France and the US have the same pension liability ratio?
Unpopular opinion - life expectancy should be capped at 60-65
This will solve all problems
Wouldn’t it be simpler to remove or reduce benefit system and state pension both of which are a drain on society?
Why is Taiwan included in China’s territory around 2:30?
Are Taiwanese people paying into that pension too? please correct it TLDR!!!
The point made in 6:52 is completely wrong. China's old age pension program is mandatory by law and is not optional. Employer can face fines for not enrolling their employees into the pension. Also, it's not accurate to describe 63 retirement as a plan, as it's already be put into effect
The law has been ratified but implementation is set to be over 15 years, beginning in 2025.
The decision was only made in Q3/24, so I don’t think many people who were set to retire in January have actually been affected.
They even say themselves it's mandatory in first minutes of the video. So which one is it?
Just because the law is on the books, doesn't mean that the law gets enforced, or that young people actually work(lying flat).
Yea thats what i feel as well.
Its mandatory but some just dont do it.
@@the11382True. China is very well known for not respecting regulations
5:47 How many Frances exist in the world? Lol
One of those is supposed to be Quebec, an honest mistake.
At least two, apparently lol
Wow. Porgual and UK are in deep trouble with their pension obligations.
Yes, its a world wide problem. I think this video just showing how badly it will hit Chinese seniors who are retiring. Very large part of the Chinese population will be retiring in the next 30 to 40 years. Same issue going on with the USA
Yep. There are many people in my generation (30s and 40s) in the U.K. who are well aware that we won’t receive a state pension when/if we retire.
I suspect it’s just a bad graph. The definition of “pension“ probably varies from country to country.
@@Zackzickel e.g., in the US, pension technically refers to any retirement savings program, but good luck finding a person who will call their 401k a 'pension'
@@BoxStudioExecutive 401k is not a "state pension liability". The chart shows state pension liabilities.
I am a recent computer science graduated student in China, the economy is just so hard and companies are just not hiring, and when you go to the career fair booths in the campus those people who are supposed to hire are just disrespectful like we have to beg to get a job. I am so tired of this country both physically and mentally, now I have to work as a food delivery man and pay for my student debt.
student debt? Isn't University free?
Unless bots become viable at scale quickly, it looks grim.
This will only get worse as their pyramid more resembles like a beyblade by every passing year.
pretty sure Taiwan has a completely separate pension system from China, also a completely separate government and uh also is a completely separate country
Is there a country that doesn't have a looming pension crisis?
India
@@oadka Does the world’s bunghole even have pension scheme’s for its citizens?
Nigeria is young as hell so them
Mars
Australia. Problems here never loom because the government has perfected art of constantly kicking the can down the road
Whats the source of the data for the 4:39 graph?
3:47 So that machine in the video is a rip off of Toyota? lol
Since time immemorial, people have been stating that China's downfall is imminent. Nothing of that sort is going to happen. They are a thriving bustling economy, who are currently sitting on a trillion dollar surplus budget.
People were also saying that china was going to surpass the US. But that didn't happen. China is staring down numerous critical problems with no easy solutions. I don't think china is going to cease to exist or anything, but they are almost certainly going to fail to achieve their goal of becoming a super power.
They don't have surplus, and yeah, obviously Chinese growth is stopping, it's neither a secret nor a conspiracy, they are just entering the middle-income trap as economists have predicted. It's not an armageddon it just means stagnation.
Seems like Italy but here you are forced to pay for pensions, my company spends 40k each year to get me but after taxes and pension that I'll never have I get barely 20k a year as an engineer. 😢😢😢😢
Just move to Germany. Germany is desperate for qualified engineers (there are over 2 open engineering positions for every one engineer in the country) and you can get at least 60k-80k euros salary.
@Dendarang does Germany has a big areospace industry?
(I'm not an areospace engineer (I'm electronics/software) but all my experience is in the areospace sector)
I can't wait for The acknowledgising Zach is going to do in the next Editorial lol
Xi's solution is simple...
Just cancel all pensions!
Well pensions given to around 90% of the people. you want your Core Party Members happy!
5:48 something terrible happened they are now two France!!!!!
The graph for GDP per capita was botched, with France showing up twice. Was the "richer" France the US?
UK replacement rate is incorrect as it's recently been updated and lowered from the chart you're showing it as.
Im surprised China had a pension system tbh
It does but doesn’t cover a lot of people in non urban areas
In Europe we can cut pensions. Not in China. That changes a lot.
Cutting pension is pretty popular in China.
Why not?
Wow that old picture of Xi is crazy🤣🤣🤣
Everyone loves a looming crisis.
Where did you obtain the graph data you showed?
I think China has a different mentality towards protest then Europe though
They don't protest unless there is something very directly affecting them. Which is the way and the reason they are kept poor relative to their country's income.
Who would pay into a Chinese pension lol
Is it just me or was there no explanation of why workers don't pay in because they doubt they will receive payments in old age?
i.e. why do they not expect to receive payments?
Everyone is missing the automation angle on the demographic issue. In a world where very few of us will be useful, a collapsing demographic is a feature, not a bug,
Thank God Reeves secured £600mn in revenue with her visit!
7:29 the fan that the Chinese person hold says "And God so love the world"
7:20
Seriously? That's a brutal dictatorship, do you honestly think someone asks the public for their opinions?
This might not end well.
It's crazy the levels of income disparities between rural and urban residents in China. Here in the US (which certainly is no stranger to income disparities) you'll normally expect to see rural people pull in something like 2/3 of what urban people are making. Not great, but rural Americans aren't starving, and there's a healthy middle-class even where I live in the middle of Appalachia. And then in China it seems that it's often a greater than an order of magnitude, such as the commenter in this thread who mentioned his urban family members are getting paid a pension of 7000-8000 yuan/month while his rural in-laws are getting paid 150 yuan/month.
It makes me wonder what forces are at play to cause such a disparity between American rural people and Chinese rural people. Is it a failing on China's part, a success on America's part, a factor of the US being a developed economy for a longer period of time while China hasn't had time to 'pass on' its success to rural areas yet, or perhaps maybe just a simple fact of the USA's rural area being more productive per person due to geographic/demographic factors?
Most simply; the US is a democracy, so the government gives the citizens a vote that they can sell to the highest bidder. This puts a floor on how poor people in the US can actually be, assuming they are of sound mind.
As part of its modernization and industrialization efforts, China focused on its urban development which drove industrialization. Keep in mind that China is still a relatively newly industrialized country. Xi's social programs have been trying to lower the gap between the urban and rural communities with all kinds of subsidies. Also keep in mind that not all rural communities and people are the same. I have a family friend who recently moved back to China to be a pig farmer because he would make significantly more as a pig farmer running a large farm in China compared to his office job here in Canada.
Retirement crisis in China? I guess we have a lot in common
No hope no kids
Yeah I don’t see a “great Chinese rejuvenation”..
lol! Tell someone in China that they aren’t a developed economy. I don’t think they would take it well.
Or you could just get robots to pad out your workforce.
I wonder which country makes the most industrial robots?
China be collapsing every single day for the last three decades 😂
Any day now! Surely!
Meanwhile also the same channels: Assad won the war, the rebels are living on borrowed time, Assad will unite Syria anyday now.
You honestly never really know what leads to a collapse of a country, but often it’s something you can’t even predict. I seriously doubt a pension problem will be the fall of China, it has to be way more severe.
No 8 years at most.
@@cow_tools_ God willing
None said anything about china collapsing?
66 is the uk pension age increasing the pension age in china would give their government more time to figure a sustainable long term solution
@5:46 france is twice in the graph. Maybe you meant USA...
Good video
They could try risking a war for more money, but who knows if that will get them in the positive
2:27 Why is Taiwan included there? XD
I'm curious to see how this goes with the East because we're not far behind.
Unless we want to fill the gaps in our population with brown/black workers. But I really don't see that going down well.
Taiwan is a separate country silly Brits
Should have kept the original thumbnail lol
TLDR try not to say something negative about China & Russia, challenge impossible
Russia shat itself trying to invade a country the size of texas.
Can't add a new TLDR channel. It won't fit the laptop. Or just add 3 together for symmetry. :)
why is france on there twice at 5:50
They need someone like Vivek to come in and convince the people rhat are about to retire that social sec- i mean state pensions are actually totally a bad idea
The CCP owns a lot of assets, unlike most governments. I wonder if this will help the situation. I guess it might but only if the government decides to spend the money that way.
China's one child policy has been around for so long that its become a normalized generational institution. China is going to have to change the generational mindset when it comes to kids and thats not gonna be easy.
Love the thumbnail where you wanted to do a ´young old´ split theme with the same person only aged up... but as the base young person you chose 71 YEAR OLD Xi! So it just looks like Xi with colored and grey hair but otherwise identical 😅
2:40 Map of India is wrong correct that
5:49 which one is France?
5:48 there is two times France in the graph of GDP per Capita. I'm guessing one is Germany, let's say the first one
2:30 They have Taiwan as part of China, the CCCP has gotten to them 😭
"It’s shocking and unacceptable to see such a blatant misrepresentation of India’s boundaries and Taiwan being included in China. A channel with such a huge following and influence has a responsibility to be accurate and respectful of international boundaries. This isn’t just a small mistake-it’s a serious oversight that disrespects the sovereignty of nations. Please take accountability and correct this immediately. Such errors damage credibility and trust with your audience!"
That new intro of yours is crazy loud
Hukou was the reason why we didn't have slums even in our poorest ages, but it is also very unfair and degrading to rural people. Double edged sword😢
You did and do have slums. The government is censoring history.
portugal winning pacaw 4:42 🦅🦅🦅🦅🦅🦅🦅
You put Taiwan as being part of China and then at 5:45 you have France twice in the same chart. Come on guys, this stuff is not difficult to notice and correct. Do you even rewatch your videos?
china is budget cutting since the bank scare of 2022
from military etc
retired military pensioners have a bad time bec its either delay or not enough from there pensions most of the went merc in russia then senior citizens still work in waste disposal cleaning bec the pensions are not enough or delay that they cannot buy necessities (taiwan is a different matter)
i had seen a video were retired military personals were kick out of there homes bec they cannot pay mortgage they spend chrismass in the streets
If china doesn't invest heavily in ai and automation it will be screwed
retven the old xi preview picture!
Tge first thing they need to do is bring in anti age discrimination laws. Tech companies essentially sack their staff at 40. After 50 ut is very hard to find a white collar job!
I’d better check my red note about this… 🇺🇸 🇨🇳 😂
Do it. When Chinese write a true state of their pension system it will definitely not be deleted by censors, so it's 100% accurate information.
On an entirely unrelated note, An old Xi would emit insane levels of Palpatine vibes.
this is a lot of exacerbation
The pension system is stupid to start with
This channel doesnt get the love it deserves
850k subs is a lot
in the last half a year they've been doing s sloppy work IMO
Why don't you guys get on red note and actually learn something about China for once?
More slop to forget about Britain TLDR?
If this 997 billion dollars trade surplus situation is bad then i hope every country in the world go through this situation😂😂😂
Why the hell is Taiwan included on a map of mainland China? You know damn well Taiwan is an independent country 2:35
That sweater has got to go. I thought I just watched mugatu educate me about chinas pension crisis…
Sheesh, you're lovely
2:30 Taiwan is an independent country, not part of China. Also, why doesn't China make it mandatory for workers to contribute to pensions by taking it out of there paycheck?
Its joever bruh
5:40 US propaganda would make people think otherwise.
Chinese shill comment trying to get people to think otherwise.
Ah, yet another "China Doomed" video from TLDR. That time of the week is it?
This sort of thing is only a crisis for countries where people have "human rights."