The Gaokao Phenomenon, and the CCP's Domestic and Global Market Manipulation
Jun 11, 2024
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Miles Yu discusses the cultural significance of Gaokao, rising utility prices in China, and how the CCP uses aggressive subsidies to infiltrate global markets. He also explores the impact of Gaokao on Chinese youth and the implications of Chinese government manipulation of global markets.
The Gaokao serves as a tool for CCP to shape youth ideology and control social mobility.
CCP's strategic subsidies create global monopolies and threaten economic stability.
Deep dives
China's Gao Kao Exam: Cultural Significance and CCP Control
The Gao Kao, China's two-day national college entrance exam, holds immense cultural and economic importance, determining students' future paths. With a record 14.4 million candidates this year, including 4.1 million repeaters, the exam showcases the intense competition and high youth unemployment in China. The exam reflects CCP's focus on shaping the young generation's ideology and future, emphasizing collective education and family investments, while controlling social mobility and nurturing conformist behaviors.
Utility Price Hikes in China: Economic Consequences and Infrastructure Madness
China's economic hubs, including Shenzhen and Guangzhou, witness a sharp rise of 20% to 50% in utility prices, impacting millions of citizens, especially those with limited means. This increase stems from the CCP's demand for spending and its unsustainable infrastructure investments, leading to ballooning costs for maintenance and repair due to poor quality. The Chinese Communist Party's infrastructure craze is an addiction that burdens homeowners and undermines economic stability.
CCP's Subsidized Manipulation of Global Markets: Strategic Industry Dominance
The CCP strategically subsidizes key industries like EVs, high-end electronics, and e-commerce to build global monopolies and control critical sectors. Top recipients like CATL, SAIC Motor, and BOE benefit from substantial subsidies, aiming to create dependency on Chinese products worldwide. This approach challenges the international free market system and poses a severe threat to global economic stability, necessitating comprehensive national security measures to counter CCP's economic influence.
Miles Yu explains the devious cultural significance of the Gaokao, which is China’s two-day college entrance exam. He then explores why everyday homeowners in China are getting crushed by 20–50 percent increases on their utilities. Lastly, he peels back the curtain on how the Chinese Communist Party uses aggressive subsidies to infiltrate and undermine global markets.
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