Smells like national bankruptcy.

They are doing this because all belong to the party! Nothing belongs to you.

30 years back audits, that is absolutely insane, I dont undestand why every Western company is not runing from there now.

In my country not even the government can go past 7 years Chinese people are being robbed

Good. Let's all further help the Chinese out by reducing any Made-in-China purchases whenever humanly possible.

30 years in business 29 years of back taxes lol

Corrupt. Coercive. Punitive.

Yeah, that'll fix their economy 🤣🤡

And they wonder why companies are leaving china Or refusing to invest in china

Wow things are really desperate in China.

So now all big private owner businesses will be making a plan how to take all the money and run if your buisness gets a "Tax Audit"!!!!! This is madness. Where is everyone going to work if this keeps happening one way or another.

The CCP regime enforcing Common Prosperity 😱😱😱

"I am a proud Communist" ... Jackie Chan

Out of business sale. Lenders and accounts receivables show up. More unemployment less taxes

It's not just a vicious circle it's a ruthless downward spiral gaining momentum for each and every misstep sweeping more and more people until it becomes unstoppable until it ultimately decimates itself to oblivion.

Now they reap what they sow 🌽

why not audit CCP's members

How many more businesses are going to leave or go under? Again, China is doing itself in by making it hard to do business in China. Without those businesses, people are unemployed, less domestic consumption, and less taxes revenues for the future. Things are not going to well very soon.

poor broke kommies

As the old New Age ancient China people proverb ... "If you can cheat, cheat but also lie and steal and deceive"

Weird..... Chinese business are famous for avoiding taxes in all countries ...

China is once again trying to fight the sparrows,

Grab your money and run !! To a decent country !!😮

This will Help their Stock exchanges 😂 🇺🇲

At this point, what is stopping the CCP from just taking money directly from peoples and companies bank accounts?

Audit of mass destruction

Where else would they get the money to invade Taiwan. I mean really, it's not like they're using that extra money for homeowner relief or economic relief or anything for the people in general so you have to wonder what they're using that money for.

I wonder how long this will last...

Business corruptions over the years lowers their taxation however corrupt officials always come back for more.😊

Bankrupt these companies for sure. They need to get out fast with their money.

Remember if made in China return it .

Golden age of thug culture 🎉🎉🎉

I ❤ this channel!!! 😊

is their solution to the real estate crisis (evergrande)?

Chinese Sheriff Nottingham

I honestly would believe that every single one of these business actually owe these taxes. I cannot imagine chinese folk are eager to pay taxes. Hustle culture and all E: also none of these commenters actually know what they're talking about lol. "i dont like this so its unconstitutional" i dont follow, sir

ccp government need tax money to feed the ccp member😂😂😂

A loan shark has more financial sense and empathy than a Xilandian tax collection office, You should recover as much as you can while allowing the business to continue to earn more. Not just scare the business into running off with what little they have and bankrupting them.

So lame, can you not say the word "kill"?

Did Tesla get taxed

U mean New Taxes!!😂 🇺🇲

if true, desperate

Looks like everything will be made in India soon..

It seems Mao v2.0 is starting his Great Leap Forward...

0:04 ok, where is this going🤨 0:14 that's alot of uncollected taxes, if it were true🤔... 1:51 of course Beijing would😒 1:59 ooooh, so that's what Beijing is trying to do & they think that, that's going to solve the issue? Talk about 'get real man' or 'do you hear yourself talking'?😧🤯 2:50 Tax Targets... that sounds like a good name to a movie in China🤨😬🤫 3:30 so they're making big enterprises the next piñata🪅😬🤯 4:12 why is that so laughable the way you put it Sean? & I'm being serious, too😦 4:26 hey, guys, get ready to be educated & I really do mean it; ⭐4:42 Mr. Wang Cailiang is the star of the upload & he knows what he's talking about😯➡️ 4:58 , 5:10 , 5:19 , & 5:31 & ⭐ 5:48 where has this Uncle been hiding all this time😲😲? 5:58 I applaud this guy for digging deep into the CCP's knee jerk reaction & it's crazy beyond reason😬😱 7:03 I wonder what it was like before her update & how is this going to be executed? 8:45 that poor Beef Noodle House owner☹ 10:49 so they knew before, but didn't want to make a huge deal out of it back then. Now, the situation has changed & they're all of a sudden getting serious🤨🤨🤨...? 11:05 sounds like another round of dumb ideas passed as 'Good Thinking'😒.. 11:13 ok, if everything mentioned is true then fine, but... what's the real trade-off & how practical is it in action, plus, what other incentives are going to have to go away until 'further notice'🤔?

I guess that xi Xing ping civil war speech was real

actually paying taxes CRAZY

Wonder if they find anyone that paid too much tax and pays them back^^

Time to buy a wife "made in china" do they do mail order ? 😂

What is as you-on?

Reminder to the last one to fleeing to the US-Mexican border - Turn out the lights.

I mean, taxing the rich doesn't seem that bad to me

You should learn to pronounce Chinese - it's not hard.

Patriotism of Xinnie PorkPooh #slopagandpa #misery - With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters. -Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing -Tofu Exports and Western imports, accounting for 37% GDP, are down. -Foreign investment is falling over 90% compared to it's peak in 2018. -Foreign visitors are down 96% compared to the pre-pandemic level in 2019 with less than 200 americans left. -Consumer prices are experiencing hyperstagdeflation. -Youth unemployment hits over 21% (in reality 50%+ after eliminating faked numbers), a record. -It's fast shrinking workforce is 10 years old than neighboring countries. - During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times. - It has printed more money than the US and Japan combined, while it's economy is only half of them. - Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg. - This is a macroeconomic nightmare created by the party going way back in 1994 when they took the Tofu money off the international exchange. Now in 2024, the banks and the average little pink have no idea what is the ACTUAL value of anything within the country. Any stimulus from the Central state. will be meaningless and ineffectual because the Central Bank is a part of the Party. Thereby merging both fiscal Central and monetary private policies into one ongoing disaster. Local province officials were doing stimulus spending for decades in tandem of the "Economic Miracle" which will undermine any Central stimulus during an actual depression/recession or more accurately.. HYPERSTAGDEFLATIONARY NIGHTMARE. -- in the future house prices will drop to 10%, youth unemployment will be over 70%+ without streams, and middle class people over 35 will all be laid off. How will you do in a country where real estate companies, local governments, and banks across China have crashed or fled? That is your challenge for the future (will you own a trash house with the mortgage?). Pensions will be laundered and your daily pay will be 2 dollars. Mengze harvard daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card Arctic Catfish Shenzhen: laughs at how Leeks feed her WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie

Super Power that cant count!..😂😂😂