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What is Xi Jinping's “Common prosperity” and how did CCP leaders get rich?



Chinese leader Xi Jinping is pushing “Common Prosperity.” Rich Chinese are feeling the pain as Beijing has accelerated ways to increase the supervision of wealthy Chinese. 2022 saw the largest drop in Chinese billionaires in 24 years. Let’s revisit how the CCP previously eliminated private business and redistributed wealth through public-private partnerships so we understand what “common prosperity” is and how the CCP leaders get rich.

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We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories.
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References:

https://new.qq.com/omn/20200402/20200402A0B4YW00.html

http://hx.cnd.org/2016/11/06/%E4%B8%AD%E7%A7%91%E9%99%A2%E3%80%8A%E5%85%A8%E5%9B%BD%E5%9C%B0%E6%96%B9%E5%85%9A%E6%94%BF%E9%83%A8%E9%97%A8%E3%80%81%E5%9B%BD%E5%AE%B6%E6%9C%BA%E5%85%B3%E5%85%AC%E8%81%8C%E4%BA%BA%E5%91%98%E8%96%AA/

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#commonprosperity #XiJinping #Chinesebillionaires

45 Comments

  1. Jonathon Bennett

    Thanks for this brilliant video. I know the story well having been in a textile trading business in Hong Kong for many years. I first went to China (Wuhan) in 1979 when things were far from developed. The corruption and graft was everywhere even down to the ‘minder’ who wanted me to post him a copy of Lady Chatteleys Lover. You could do nothing there unless you paid bribes right up to the chief of Wuhan Province.
    The West has collaborated in a massive long term fraud. Firstly, fraud against the Chinese people and secondly, against our own people for ruining our own industries and causing untold damage to our own economies at the same time lining the pockets of the CCP.
    Those who run down the USA & the UK, should try a spell there and see how that goes.

  2. No Pooh fan

    Good history lesson. Thank
    You. Unfortunately history has been changed in China for the Chinese people

  3. Eddie Corleone

    This is why China was able to grow their GDP to 18 trllion vs India 3 trillion today considering both china and India gdp were the same in early 80's.

  5. Mike VP

    Tell your grandmother that the jewelry are material things now you are richer … free. I hope you have a long and happy life together

  6. Eddie Corleone

    This is like Pelosi family controls Automobile industry, Mitchell McConnell family controls the liquor industry, Ted Cruz family controls the Oil Industry, The Obama family controls Hollywood, Biden family controls telecommunications Industry, Kevin McCarty family controls the transportation industry, etc….. on and on…..

  10. Oo'Naam Oo'Khao

    KLEPTOCRACY! There’s a saying in my mother tongue, nna-bo-mee-yang-ai = there’s no drop of sap of shame left in them. I think we have it in English. No shred of shame left.

  11. Gary Clayton

    Hello my friend so sorry that your Grand Mother was robbed at the hands of the CPP and their families . I like what you told your Grand Mother , it is ok they will never rob or fool us again . I am glad that your family is out of China and free from them for now!!!

  13. Ben Schmidt

    Appreciate the personal story, but you need no jewelry to be beautiful, your grandma should be very proud of what you are doing to educate others to the ways of the CCP.

  16. david cooper

    A very well researched program.
    Straight to the point.
    The ccp is Now and has Always been corrupt.
    I'm not surprised atall.
    I said that Common Prosperity was a cruel joke upon the people weeks ago.
    But you never seen to take notice of any of my comments. Such is life.
    The Party protects it's own.
    No one else matters.
    Soon there will be war with the West.
    (Lots of money to be made.)
    I feel for the people of China.

  17. Jeremy Ficarola

    Sorry I just emotional for you and your family during the last two sentences of this clip. My heart is broken about your grandmother’s jewelry.

  18. Terri Williams

    Thank you for the facts you so diligently explore and explain so well. I worry about my friends from Hong Kong and Tibet with all the CCP police stations opening up subversively in Canada, especially in Vancouver where a Chinese mayor was elected. Will he aid and abet Chinese police?

  19. Robin Carvey

    You are doing a great Service for humanity, exposing the evil which is the CCP. Unfortunately the biggest victims are chinese people themselves.

  20. Michael Night

    Wow Leo, the back story about your family really hit me this time. That is because I have a co worker who told me a very similar story about her family history involving her family and how well off they used to be with a family furniture business before being robbed just as you described it. Just wow

  21. Michael Night

    Wow Leo, the back story about your family really hit me this time. That is because I have a co worker who told me a very similar story about her family history and how well off they used to be with a family furniture business before being robbed just as you described it. Just wow

  22. Ki Key

    SAME INTERNATIONAL LAW THAT ALLOWED 1000+ YEARS OF WESTERN COLONIALISM TO SHAPE THE WORLD FOR THEIR OWN BENEFIT THROUGH ATROCIOUS HORRIFIC CRIMINAL GLOBAL ACTS WITH INVASIONS INTERFERENCE GENOCIDES EXPLOITATIONS PILLAGING AND DIVISIONS

    NATO IS JUST A MILITARY EXPANSION OF WESTERN COLONIALISM

    THIS IS HOW THE MIDDLE EAST FELT WITH WESTERN OCCUPATION AND THE MURDER OF MILLIONS OF INNOCENT CIVILIANS BY THE WEST – "By 2050, the US/West expects to import more than 80 percent of its petroleum from this region and much of that oil would be extracted from beneath the deserts of Afghanistan and Pakistan"

    WESTERN COLONIALISM CANNOT SURVIVE WITHOUT EXPLOITING OTHERS AND THEIR RESOURCES

  23. Ki Key

    WESTERN Colonial PROPAGANDA SLANDER AND HATE SINCE 1000+ YEARS.
    NAZI WESTERN COLONIALS JUST CAN'T STOP HATING ON OTHER PEOPLE OF THE WORLD.
    EXPOSE WESTERN COLONIAL PROPAGANDA.
    DISCOVERY OF US MILITARY USING SYSTEMATIC PROPAGANDA WORLDWIDE
    MANY NATIVES GENODICED WORLDWIDE, WAR CRIMES, DIVIDING PEOPLE, LAND AND RESOURCES STOLEN BY WESTERN COLONIALS.
    WESTERN COLONIALS WAS BUILT ON THE EXPLOITATIONS OF OTHER NATIONS AND STILL DOES
    DANGEROUS NAZI IDEOLOGY AND TERROISTS IN ALL WESTERN SOCIETY.
    FREE JULIAN ASSANGE FREE WIKILEAKS FREE THE REAL TRUTH

  24. DaVinci Ung

    Lei, the same story here with my grandmother’s jewelries and our farm lands. And thanks for explaining what happened in the 60’s. I left China in early 70s and did not understand what had happened then. Because of this video from you, I now understand much better of what had happened back then. Thank you!

  25. Shunfan Gin

    Lei, thank you so much for your informative videos. I have received many Chinese propaganda types of videos from my overs Chinese friends and family members in the past few years , I decided to share your videos with them so they can have a different prospective. It’s interesting how quickly people are caught up with the Chinese PRIDE and FACE and totally consumed with Chinese against the WEST, specially the US. Xi is pointing finger at the outside enemy and is hoping the Chinese people will not concentrate on all his failed policies and his concentration of power.
    I am curious where are your informations coming from because you seem to have so much data and up to date photos and charts.

  26. Cugel Channel

    "And in a poor country? In a poor country, money is a wonderful, thick hedge, dazzling and always blooming, which separates you from everything else. Through that hedge you do not see creeping poverty, you do not smell the stench of misery, and you do not hear the voices of the human dregs. But at the same time you know that all of that exists, and you feel proud because of your hedge. You have money; that means you have wings. You are the bird of paradise that everyone admires!

    Money transforms your own country into an exotic land. Everything will start to astonish you—the way people live, the things they worry about, and you will say, “No, that’s impossible.” Because you will already belong to a different civilization. And you must know this law of culture: two civilizations cannot really know and understand one another well. You will start going deaf and blind. You will be content in your civilization surrounded by the hedge, but signals from the other civilization will be as incomprehensible to you as if they had been sent by the Inhabitants of Venus.

    You don’t want to lose your feathers, and the Emperor needs people with a lot to lose. Our kindly monarch would throw coppers to the poor, but to the people of the Palace he would make gifts of great worth. He would give them estates, land, peasants from whom they could collect taxes; he gave gold, titles, and capital. Though everyone—if he proved his loyalty—could count on a bountiful gift, there were still continuous quarrels between lobbies, constant struggles for privileges, incessant grabbing, and all because of the needs of that bird of paradise that fills every man. His Most Extraordinary Majesty liked to watch this elbowing. He liked the people of the court to multiply their belongings, he liked their accounts to grow and their purses to swell!

    I don’t remember His Magnanimous Highness’s ever demoting demoting someone and pressing his head to the cobblestones because of corruption. Let him enjoy his corruption, as long as he shows his loyalty! Thanks to his unequaled memory and also to the constant reports, our monarch knew exactly who had how much. But as long as his subject behaved loyally, he kept this knowledge to himself and never made use of it. But if he sensed even the slightest shadow of disloyalty, he would immediately confiscate everything and take the bird of paradise away from the embezzler. Thanks to that system of accountability, the King of Kings had everyone in his hand, and everyone knew it." Kapuscinski, Ryszard. The Emperor: Downfall of an Autocrat (p. 45). Houghton Mifflin Harcourt. Same thing with autocrats everywhere. They're all the same breed of tyrant and they play by the same rules. Corruption is a feature of the system, and not an unfortunate bug. Xi maintains loyalty by allowing corrupt officials to spread their wealth – as long as they demonstrate their total slavish loyalty to Xi of course! If not, he will take the Bird of Paradise away from the embezzler, as he has with so many!

  27. Nikki BonBon

    I lost the jewelry collection I was supposed to inherent from my mom and pass down…mine was stolen from me because of mental illness and drugs.

  30. BBJ

    Now we know why they want Taiwan so bad. It's always about the $$.

  32. E

    ccp didn't deliver an economic miracle. The chinese people simply made up for the loss since the illegal regime took over.

  33. Christ t

    It is like being capitalist is bad because it is selfish, but being career minded in a highly hierarchical organisation is not… what a miscalculation…

  34. E

    You can see Lei had tears in her eyes and she had to pause the recording.

    The great evil the ccp committed will not go unnoticed.
    God will raze this evil regime off the face of earth with His Divine Providence.

  43. Stephen Mani

    Your personal story in the end was really touching. May God (or the Universal Spirit if you don't believe in God) bless you and your loved ones!

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