Crisis in China: Tariffs Are COLLAPSING China’s Entire Economy, Protest Everywhere

Financial Freedom
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China is collapsing.
Protests are spreading against the banks.
People are getting sick of the government's incompetence.
And life under the CCP has escalated to such horrible levels
that Chinese people are leaving the country in numbers.
I have gone through a lot of difficulties to come to America.
What do you make of the surge?
What kind of context can you give us?
It's tough.
It's really hard to put in context because China's huge.
My family doesn't agree with me to be a Christian.
And also the country is not allowing us to be a Christian.
In most of China's major cities, visa offices are swamped
as business leaders, students, activists and families
are packing up and leaving China.
Between the declining economic situation,
the terrible population crisis
and the unending iron rule of the CCP,
the country is a mess.
Many are now escaping before conditions worsen,
seeking asylum in the West.
But it's not that easy.
With the CCP's power growing,
China has become a surveillance state,
where more often than not,
it feels like you're being watched 24-7,
even when you're trying to escape.
This has added to the civil unrest
and has created quite the situation for us to unpack.
So let's get started on it.
So first off, what's all this about collapse coming China's way?
Well, for the first time in a long time,
China is simultaneously under pressure from various directions.
Its many problems are threatening to tear the country apart.
On one hand, we have the population issue that's gripping Beijing.
Birth rates are falling in China
as families choose to have fewer children,
primarily due to the high cost of living and tough job prospects.
The shift is a red flag
because it means fewer young people are entering the workforce,
which, as you can imagine, directly impacts the economy.
With fewer workers, it's harder to keep things running smoothly.
At the same time, the number of elderly people needing care keeps growing,
adding pressure to the healthcare system and pension plans.
You see, an aging population is a significant challenge for China.
As more seniors need medical care and support,
the government faces increasing costs.
Fewer young people mean fewer tax contributions,
which makes it harder to fund essential services.
The situation is putting China in a tough spot,
especially as many of its young people are leaving the country
in search of better opportunities.
With both low birth rates and high immigration,
maintaining a strong workforce becomes a serious challenge.
Its absence creates a problem for China's economy,
which, on its own, is already having quite the difficult time.
China, once praised for its booming industrial growth and strong exports,
now finds itself battling with massive debt.
The country's debt across the government,
businesses, and local authorities has reached around 300% of its GDP,
amounting to nearly $40 trillion.
On top of this, the property market, once a key economic driver,
has lost about $2 trillion in value between 2021 and 2023.
This enormous debt is stretching financial institutions thin
and eroding public trust in the economy.
That's why the CCP has to turn to the one thing it knows best,
lying to its population and the world.
Just recently, China stopped publishing its economic data.
The CCP has also doubled down on censorship in the country.
People's posts about economic hardship and job losses
are now being censored by officials.
And out of the country, China has continued to downvote any video
that exposes the CCP's lies.
That's why, once again, we need your help.
If you can hit that like and subscribe button down below,
it really does help us fight these CCP bots.
Unfortunately for the CCP, economic signs are not looking good.
These signs of economic instability are pointing to a collapse in China's future.
The country's economy is slowing down,
and its financial situation is fragile, resembling a ticking time bomb.
But how did things get this way?
Over the past few years, China's GDP growth has dropped significantly.
The International Monetary Fund, the IMF,
reports that growth peaked at 5.3% in 2023,
far lower than the double-digit growth rates seen in earlier decades.
This slowdown, along with the rising youth unemployment,
which reached as high as 21.3% in some urban areas,
has shaken up people's confidence in the country's future.
The pressure on China is not just domestic either.
It's international.
The new trade war in 2025, reignited by Trump,
is creating fresh challenges for China.
The US has imposed higher tariffs on Chinese goods,
which are squeezing China's export-driven economy.
In response, China has retaliated with its own tariffs,
targeting US agriculture and tech products.
This back-and-forth is disrupting global supply chains
and increasing costs for businesses in both countries.
For China, the added pressure comes at a time when its economy
is already grappling with high debt and slowing growth,
making the situation even more precarious.
And as if these economic issues weren't enough to rattle people,
the CCP seems to be doing everything it can to make China inhospitable.
One of those nuisances is how China has been turned into a surveillance state,
further creating social unrest.
Imagine walking through Beijing or Shanghai,
where nearly every street corner is watched by high-tech cameras
that not only capture your image,
but also run you against a huge database every time you pass by.
If you break a minor rule like speeding or running a red light,
a camera can spot you immediately and trigger a fine.
And it doesn't stop on the streets either.
Airports, train stations, and bus terminals are filled with these cameras too.
At Nanyang Jiangying Airport, for example,
some passengers can skip the check-in process by simply scanning their faces.
And businesses like Alibaba let you pay with just your face.
This setup makes daily life very convenient,
but it also means that privacy is becoming rare.
It's a bit scary to think that every move you make might be tracked.
I know what some of you are thinking.
Well, every modern country, including the US and the UK, have heavy surveillance too.
Well, you're both right and wrong.
While the US and the UK have cameras,
nothing compares to China's vast all-seeing network.
With 540 to 626 million CCTV cameras, one for every 2.3 people,
China has the highest surveillance density in the world.
By comparison, the US has 85 to 100 million cameras,
one for about every 4.6 people, mostly operated by private businesses.
The UK has 5.2 million cameras, around one for every 13 people,
making it Europe's most surveilled country.
And yet, even London, with one camera per 14 people, can't match China's reach.
Every action is recorded, analyzed, and stored.
It makes you wonder how much freedom you have when every step you take is being watched.
The CCP has put together powerful systems in areas like Xinjiang
to gather data from people's faces and their behavior.
The goal is to know everything about everyone.
In Xinjiang, in northwestern China,
13 million Turkic Muslims are already enduring
extraordinary suppression at the hands of the Chinese government.
Authorities there are building a surveillance state to be able to track their every move.
Every 200 meters would have a police checkpoint.
If you're Uyghur, they stop you.
They would just say, where's your ID? I want to check your ID.
They would punch in the ID number and then they would see everything about you.
One tool at the heart of Xinjiang's surveillance system is the IJOP,
or the Integrated Joint Operations Platform.
The IJOP has an app that's used by police and government officials
to track extraordinary amounts of personal information about individuals,
ranging from their religious habits to their blood type.
Human Rights Watch got a hold of a copy of the app
and used a technique called reverse engineering to look at the source code,
basically the design of the app.
This is what it looks like when an officer pulls up an individual's profile.
They enter the person's name, ID number, ethnicity.
Then the officer takes a photo of the person's ID card
to see if that matches the person's face.
As you scroll, you see more information is being collected from the person,
including their address, how tall they are, their blood type,
their educational level, their occupation,
their political affiliation, information about their car.
The list goes on.
The information from the app feeds into a central system
and combines with information from other surveillance systems,
including CCTV cameras that rely on facial recognition software,
and even Wi-Fi sniffers that are used as people walk through checkpoints
to pull information off their phones.
This system can mark someone as suspicious
based on little more than how they move or act.
This means that some people are targeted more than others,
and that can lead to even more intense surveillance or even detention.
How much freedom can a person really have in the face of such systems?
Then there's Skynet, a system that sounds like it came out of a science fiction movie.
This system scans the entire population in under a second with 99.8% accuracy,
ensuring almost no movement goes unnoticed.
This makes it possible for the government and law enforcement
to keep an eye on everyone all the time.
Another project called the Sharp Eyes Program
extends this intense surveillance level even into rural areas.
Started in 2018, this program aims to install cameras in every village in China.
So whether you're in a big city or a small town,
the government's watchful eye is never far away.
The web of surveillance is not just about catching criminals
or keeping the public safe.
As the government might say,
many citizens are starting to feel like they have no room for privacy anymore.
It's like living in a fishbowl where every action is recorded and no one can hide.
As a result, more and more people are considering leaving China.
They want to live in places where they are not under constant surveillance.
This desire for freedom and privacy is fueling an exodus of citizens.
They are asking themselves,
is this the kind of life I want to live?
When every moment is monitored,
it takes away the simple pleasure of just being a regular person.
Taking an even closer look at the CCP's control of its people
reveals a system that analyzes every action,
turning daily life into a high-stakes test of loyalty.
This system is the social credit system.
It was built, supposedly, to reward loyalty and punish dissent.
It does this by tracking every action of its citizens
and rewarding those who obey with points,
while punishing those who disagree with the system by deducting points.
In this system, people with high scores get more freedom,
while those with low scores face severe limits.
For example, if you break a minor rule
or express a thought that isn't approved, your score drops.
Suddenly, you might be denied access to financial services like loans
and even basic necessities.
What you might not realize is that your score also sets the limits
on how far you can travel.
When citizens have low scores,
they can be blocked from taking flights or riding high-speed trains.
This means that if you make a mistake as silly as jaywalking
or overspending your money,
you could end up stuck at home while others move freely.
Isn't it strange that something as simple as your behavior
could decide if you can travel or not?
In a way, that's exactly how the CCP keeps a portion of its citizens
from leaving the country.
Every penalty becomes a barrier that holds you back
from exploring opportunities beyond your hometown.
The system also has a big effect on jobs.
Many employers, especially those in state-run companies,
check your social credit score before hiring you.
If your score is low, you might be seen as unreliable or untrustworthy.
This can shut the door to job opportunities
and force you into a life of hardship.
Education is hit in the same way.
Schools and universities might check your score before accepting you.
A low score can mean you miss out on a chance to study and build a future.
This leaves many wondering,
how can they succeed when every step is controlled by one system?
Would you want to risk your education because of a single misstep?
They're constantly monitored by facial recognition cameras
that are able to instantly put a face to a name.
Now the Chinese are also ranked,
given a mark out of a possible 950 points.
A score in the 700s is considered good.
Around the 500 mark is not.
For now, the number is a sort of bank credit rating,
keeping track of everyone's spending habits.
I think being ranked is a good thing.
A society has to have rules.
It forces us to be well-behaved.
It may seem scary, but it's just like that here.
We're used to it.
And anyway, we don't have a choice.
By using the most data possible, the so-called big data,
the system will play an important role in rebuilding a moral society.
The Supreme Court has created a blacklist for so-called bad citizens,
those whose ratings have dropped to zero.
On it are companies, but also 23 million people to date.
Among them is this journalist Liu Hu.
He got a little too close to uncovering corruption
among high-profile party members.
After being sued for defamation by the subject of a story he'd written,
he was blacklisted.
He only realized when he tried to buy a train ticket
and was told he was banned from traveling.
One striking example of the system's harshness is the case of Deng Yun,
a journalist who wrote articles that questioned the CCP.
Overnight, his bank accounts were frozen as punishment for his opinions.
This punishment not only ruined his finances, but also sent a clear message.
Speaking out can lead to severe consequences.
This system of rewards and punishments creates an environment of fear.
People quickly learn that a small mistake or a different opinion can have big consequences.
The fear of punishment makes many citizens stay silent,
even when they have valid questions or concerns.
The more people see their friends and neighbors being punished for minor mistakes,
the more they realize that the system is about more than just order.
It's about control.
Increasingly, many Chinese citizens are deciding that they can't live under such strict rules.
They are choosing to leave the country in search of a place
where they can express themselves without fear or punishment.
The harsh systems placed by the CCP shape everyday life
and mirror a long-standing history of silencing dissent.
And this harsh approach is pushing more citizens to leave the country.
When you look at the fate of those who speak up,
you can see a clear pattern of repression that makes you wonder,
how can a society grow when it punishes anyone who dares to challenge authority?
Take Xu Xiangran, for example.
He was a university professor who wrote an essay sharply criticizing the Chinese Communist Party.
Within days of publishing his thoughts, he was arrested.
Imagine the frightening effect on anyone who wants to share their opinions.
If even a respected academic can be punished so quickly,
how safe do you feel speaking out?
Then there's Ilham Tohti, an advocate for Uyghur rights.
Instead of opening a space for debate or reform,
the government sentenced him to life in prison on charges of separatism.
This basically means he was charged for advocating for the separation of Uyghurs
from China to become an autonomous state.
His harsh punishment wasn't just about silencing one voice.
It was a clear warning to all who might support minority rights or question government policies.
Doesn't it seem extreme to strip someone of their freedom
simply for defending what they believe is right?
Next is Ren Zhiqiang, a prominent property tycoon known for his outspoken nature.
In March of 2020, Ren wrote an essay criticizing President Xi Jinping's
handling of the coronavirus pandemic,
even calling him a naked clown who insisted on acting like an emperor.
His words led to an expulsion from the Communist Party
and an 18-year prison sentence for inciting the overthrow of state power.
These cases show that silencing dissent isn't just about punishing a few outspoken individuals.
It's a systematic effort by the CCP to control all conversation.
This climate of fear has a ripple effect that goes far beyond individual cases.
As a result, many talented and driven Chinese citizens are choosing to leave.
Reports show that the number of people leaving the country
is increasing compared to previous years.
In an effort to control the number of people leaving and to prevent brain drain,
the Chinese Communist Party has long enforced strict rules on travel.
In China, travel is not considered a basic right.
It's seen as a privilege that the government can grant or take away at any moment.
Many citizens spend months planning trips.
They save money, they gather documents,
and they take extra steps to meet all travel requirements,
only to find out that they are not given permission to leave the country.
Unlike in most other countries where one can simply book a ticket and travel abroad,
in China, a special exit visa is needed.
This means that the government holds all the power to decide who gets to see the world
and who must remain confined within the nation's borders.
Many Chinese citizens, especially those from minority groups such as the Uyghurs,
Tibetans, and political dissidents, face even tougher restrictions.
Their passport applications are often denied or revoked without any notice.
In some cases, families have been separated
because one member's travel permissions were suddenly cancelled.
These strict travel rules have also contributed
to a growing number of Chinese citizens choosing to flee the country.
Many people are leaving because they feel
that they are not free to explore new opportunities abroad.
When travel is tightly controlled,
citizens cannot work, study, or join family members living in other nations.
The inability to travel freely makes life feel limiting and oppressive.
As a result, those who desire a better life often decide that leaving China,
despite the challenges and risks involved, is their only option.
They seek the freedom to travel, learn,
and live in a society where their rights are respected.
High-profile cases in and around China show just how far these travel restrictions go.
Many human rights lawyers and activists are put on no-fly lists,
meaning they are barred from leaving the country simply because of their work.
There are stories, like that of a woman who tried to leave for Canada,
only to be stopped at the airport without any clear explanation.
Reports from outlets like The Guardian describe similar cases,
where critics and activists are denied boarding on flights.
When even those who speak out against the government face such severe measures,
one has to ask,
what hope is there for the average person who simply wants a better life?
These travel restrictions are not just about stopping people from leaving.
They are a tool to maintain control over the population.
By deciding who can and cannot leave,
the government can keep potential critics isolated and under constant watch.
This tactic sends a strong message.
If you challenge the government or express your own opinions,
you might lose the freedom to travel.
These travel restrictions create a climate
where many of China's most talented and independent citizens feel trapped.
When you can't travel, you miss out on opportunities to learn,
share ideas, and even join family members abroad.
Shifting focus to another key region, we have Hong Kong,
which has become part and parcel of the problems building up to China's imminent collapse.
This city is a special administrative region,
which means it has its own set of rules and a unique level of self-governance,
separate from the mainland of China's system.
Well, at least it used to.
In 1997, when Hong Kong was handed over to China,
the One Country, Two Systems principle was introduced.
This principle promised that while Hong Kong would be a part of one country,
it could keep its own laws, business practices, and free speech traditions.
The idea was to allow Hong Kong to maintain a vibrant and independent spirit,
even as it joined a larger nation.
Over time, however, many of these promises have slipped away,
leaving residents to wonder if the city can still serve as a safe harbor
for creativity and open debate.
In 2020, the CCP introduced the sweeping National Security Law
that criminalizes dissent with vague charges like secession,
which basically means breaking away from Chinese control,
terrorism, and working together with foreign forces.
When this law was introduced, it was met with protests from lawyers,
but you can guess how Beijing reacted.
With this law in place,
even peaceful protests and casual criticism can be seen as crimes.
Even high-profile figures, such as media tycoon Jimmy Lai,
face severe penalties that could include life imprisonment
for the crime of seeking freedom.
As a result of this law,
Protesters who once symbolized hope and resistance
are now met with swift crackdowns.
Arrests have become common,
and the city's reputation as a bastion of free expression is fading.
This heavy-handed approach has left many wondering
if Hong Kong will ever be the vibrant, free city that it once was.
The loss of autonomy has everyday consequences for the people of Hong Kong.
Thousands of citizens, once proud of their democratic spirit,
now feel unsafe expressing their thoughts or participating in public life.
This fear has forced many to seek asylum abroad
in countries like the United Kingdom, Canada, and Taiwan.
They have to leave the only home they've ever known
because their voices are silenced by oppressive laws.
That's the harsh reality for many in Hong Kong today,
and an eerie prophecy for Beijing.
The mass exodus from Hong Kong is evident in the numbers.
Official statistics reveal a population drop of around 1.2% in just one year,
marking a troubling decline in the spirit of freedom.
As more citizens choose to leave,
Hong Kong is not only losing its talented professionals
and skilled workers,
but also the unique cultural diversity that once made it a beacon of free expression.
Each departure chips away at the city's identity,
weakening its reputation as a place where people can share ideas openly
and pursue dreams without fear.
The loss of these bright minds creates a void
that money and resources cannot fill,
leading to a shutdown in innovation and creativity.
Local businesses suffer as the flow of fresh energy drops,
and the city struggles to attract new investments.
The trend raises a hard question.
How can Hong Kong continue to thrive when its hope for a free future is evaporating?
Hong Kong's fading spark sets the stage in Beijing,
as more and more Chinese citizens are leaving their homeland.
Many wonder if this mass exodus signals the beginning of China's collapse
amidst its many problems.
Recent data shows a significant increase in visa applications and approvals
to countries like the United States, Canada, Australia, and Taiwan.
One reason for this exodus is the promise of better economic opportunities.
The US and Canada have diverse economies,
with robust job markets and strong educational systems.
Australia offers a high quality of life,
while Taiwan is known for its welcoming environment and respect for personal freedoms.
Many Chinese citizens feel that their home country
no longer provides the opportunities or freedoms that they once enjoyed.
China's strict laws, including the travel rules and limits on free speech,
make everyday life very tough,
pushing many to leave in search for a better, freer future.
As we mentioned earlier,
many citizens in China increasingly feel that their government's tight grip on free expression,
increased surveillance, and censorship makes it hard to live without fear.
Recent studies show that over 70% of people in some urban areas
believe political controls are too strict,
and nearly 50% think these restrictions will limit their personal and professional growth.
This oppressive atmosphere has especially hit intellectuals and business professionals.
Many of these individuals thrive on open discussion and innovation.
As freedoms shrink,
they are forced to look elsewhere for opportunities where they can use their skills and ideas.
This trend contributes to what experts call a brain drain.
Some estimates suggest that up to 10% of China's top talent
has left the country in the past decade.
Isn't it alarming to think that a nation could lose a significant part of its human capital?
The journey of these citizens isn't without challenges.
Many who leave China soon find that starting life in a new country
comes with many unexpected difficulties.
Once they leave their home country, they often face cultural barriers in their new homes.
Learning a new language, adjusting to different social norms,
and getting used to unfamiliar traditions can feel overwhelming.
In fact, surveys reveal that nearly 60% of new immigrants struggle with language barriers,
and more than 40% have a hard time fitting into a new cultural environment.
Even simple tasks, such as ordering food or shopping for clothes,
can become confusing when you are not familiar with local customs.
For those who take the brave step of leaving China,
a new set of challenges arises after crossing the border.
Building a new life in another country is not an easy task.
Countries that seem like safe havens also have their own pressures.
Many of these nations face political tensions and tighter border controls,
which make it harder for immigrants to secure asylum or settle down peacefully.
On top of that, even if a country offers refuge,
it may already be struggling with its own issues
and may not be ready to welcome a large number of newcomers at once.
And Chinese immigrants often deal with government scrutiny
even after they leave their home country.
Some still face watchful eyes because of their past affiliations or political views.
Despite these hurdles, many find that their skills and their work ethic,
honed in one of the world's fastest-growing economies,
quickly proves valuable in sectors like technology, academics, and business.
In places like Silicon Valley,
Chinese professionals now make up to nearly 15% of the tech workforce,
contributing significantly to innovation and progress.
Nearly 20% of highly educated Chinese immigrants
end up in jobs that don't match their skills.
Then some activists and dissidents flee to places like Taiwan,
carrying both the fear of persecution and hope for a future where free speech is respected.
So perhaps it's time to consider what would happen if China's problems keep getting worse.
More specifically, what does China's collapse mean to the rest of the world?
Well, as the world's second-largest economy,
China is very important in international trade and finance.
A big economic downturn in internal Chinese markets
could shake up global supply chains and change how everyday items,
from electronics to clothing and household goods, are made and delivered.
Financial experts say that a collapse could cause market ups and downs,
with risk premiums increasing by as much as 20%.
When a key piece of the world's economy falls apart,
the effects spread quickly, affecting trade flows and investment decisions everywhere.
With global supply chains being closely connected to China's massive manufacturing sector,
even a short break in production can cause production costs to rise by 10-15% worldwide.
I mean, think about it.
If a delay in making products makes items more expensive in stores,
or if products that were once easy to find suddenly become hard to get,
everyday life for consumers and businesses is affected.
Because the world economy is so tightly linked,
a problem in one country quickly leads to bigger economic issues for everyone.
Any weakness in China's production system
sends shockwaves that affect everything from small neighborhood shops
to large multinational corporations.
The chance of a complete collapse in China
brings even more uncertainty to the global financial system.
Banks, investment funds, and other financial institutions
might face a sudden increase in default risks
and unexpected changes in the value of their assets.
One of the major risks is China's real estate market,
which has become a significant part of China's overall debt.
When the property market shows signs of stress,
it can lead to financial losses that affect both local and international investors.
As markets adjust to these changes, investors may lose confidence,
making it harder for companies to access the credit they need to grow.
This financial instability can then spread to other parts of the global economy,
potentially taking years to fully repair.
As the possibility of a collapse in China grows,
experts warn that we might also see long-term changes
in the balance of power in international trade.
For decades, China has been a manufacturing leader,
and its role in global trade has been crucial.
If China's economy fails,
other growing economies might step in as the new manufacturing centers.
This shift could change the world's political and economic scenes.
New leaders in international trade might emerge,
bringing fresh opportunities for innovation and cooperation.
However, this transition period would also be marked by uncertainty.
Investors and policymakers around the world
would have to adapt to a new reality where old trade patterns no longer apply,
and the global economic system might be forced to find a new balance.
At the center of these economic problems
are the everyday lives of millions of Chinese citizens
who must rethink their futures.
When jobs become scarce and public services begin to fail,
families are hit hard.
The personal cost of economic problems is enormous,
often leading to social unrest and political instability.
Many citizens, especially young people and skilled workers,
see leaving the country as their only chance for a better life.
As the rate of Chinese economic growth drops,
and as problems in the property and manufacturing sectors worsen,
the nation's economic base crumbles.
These local market issues are not isolated.
They have a domino effect on global supply chains and international trade.
When one of the world's economic powerhouses starts to collapse,
the effects ripple through every corner of the financial world.
Businesses face the fear of rising costs,
and consumers worry about paying more for everyday items.
China's looming collapse carries global consequences
that include disrupting trade, raising production costs,
and fueling economic stress.
As Chinese citizens flee, the country's talent pool shrinks,
weakening industries and shaking financial markets.
Investors and policymakers worldwide must brace for a shift
where old trade systems no longer function,
forcing businesses to adapt to new economic realities.
The world watches anxiously as China's markets weaken,
debt rises, and instability grows.
With each passing day, the likelihood of a collapse increases,
threatening to reshape global power structures.
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