獨家G7 國際警惕！李尚福出訪俄羅斯，CNN揭穿習近平突出問題；廣交會變天，海關經濟數據驚人；貴州逼宮中南海，地方造反？【 #新聞大家談 4/17 】| #新唐人電視台

["Pomp and Circumstance"] Hello everyone, welcome to Monday's News Talk. I'm Fuyao. Today we have two guests with us. One of them is an experienced political analyst and commentator, Qin Peng. Hello, Mr. Qin. Hello, Fuyao. Hello, Mr. Tang Jingyuan. Hello, viewers. We have invited Tang Jingyuan, the host of the channel Yuanjian Kuaiping. Hello, Mr. Tang Jingyuan. Hello, Mr. Tang. Hello, Mr. Qin. Hello, viewers. Okay, welcome both of you. Let's focus on today's news. During the international alert, Li Shangfu visited Russia. CNN exposed Xi Jinping's outstanding problems. The China-U.S. exchange rate has skyrocketed. The economic data of the customs is amazing. Guizhou forces to attack the South China Sea. Is the local government going to rebel? Before we start today's program, we would like to tell you that the News Talk channel has opened an independent YouTube channel. The name is News Talk. You can search for our name. You can also click on the subscription link in the information bar. Subscribe and follow us. We will gradually transfer to a new channel to broadcast the program. Okay, let's start with today's content. From April 16th to 19th, the newly appointed Chinese Defense Minister Li Shangfu visited Russia for the first time and held a meeting with Russian military leaders. And visited the Russian military academy. Putin also met with Li Shangfu on the 16th. He said that China and Russia are actively working through the military department. Regular communication and useful information. The timing of Li Shangfu's visit this time is very subtle. The 16th Global Times said that under the current complicated situation of international security, the further strengthening of the relationship between China and Russia has a very important practical and historical significance. And on Thursday, April 13th, The Washington Post pointed out that the five-cornered building information shows that the CPC Central Military Commission has approved to provide deadly assistance to Russia in stages. The plan is to transport military equipment disguised as civilian goods. And hope to keep it a secret. We saw last Friday, A senior consultant from the Ukrainian president's office revealed that The Russian army found more and more parts made in China in the weapons used by the Russian army. In addition, Li Shangfu is the highest-ranking CCP military leader in Moscow since the outbreak of the Russian-Russian war. He himself was sanctioned by the United States in 2018 for major transactions related to the main weapon exports to Russia. Mr. Tang Jian, we see that Li Shangfu is in charge of the CCP's military equipment for a long time. This time, he used the words of the CPC Ministry of Defense to say that it is a pragmatic cooperation between China and Russia, and the relationship is maintained in a higher position. What kind of pragmatic cooperation do you think this will be? Does this have anything to do with providing weapons? Yes, I think so. First of all, Li Shangfu's visit to Russia this time is without a doubt. We can be sure that he must have a relationship with Russian military cooperation, as well as providing some weapons and equipment to Russia. But I think there are two factors behind it. First of all, Li Shangfu himself is the Minister of National Defense. He visited Russia in the name of the Minister of National Defense. We all know that the position of Minister of National Defense in the CCP's military system is actually more of a diplomatic and ethical role, right? In the entire military commission system, he can be said to be equivalent to four or even five hands. It's probably such a position. In other words, Li Shangfu does not have the right to make decisions himself. So I think it's obvious that he went to visit this time. He should basically follow the last meeting between Xi Jinping and Putin. Putin and Xi Jinping have reached an agreement, right? In this agreement, it is mentioned that China and Russia are in diplomacy, and there may be some follow-up cooperation in the field of economy and military. Of course, Xi Jinping and Putin are the top leaders, so they just reached a principled agreement. The further negotiation of specific issues should be carried out by specific departments. So we can see that after the meeting between Xi Jinping and Putin, the first person to visit Russia was Qin Gang, right? Qin Gang is a representative of the diplomatic system, and he went to Russia for a dialogue. Now it's Li Shangfu's turn. He is equivalent to a representative of the military system, the military department. So this is one factor. That is to say, from this perspective, I think Li Shangfu's visit this time, he should do further communication work with China-Russia military cooperation, or more of these early post-war work. In other words, his diplomatic significance is more than in this practical military significance. So another factor is that I think there is an important background. Maybe many of you have already seen this news, that is to say, the CCP was disclosed by the British Financial Times, saying that the CCP refused to re-arrange the US Secretary of State Bulin Ken's visit to China. Everyone knows that Bulin Ken's visit to China was postponed because of the spy balloon incident. After the postponement, in fact, the United States has been looking for a suitable time for the CCP to rearrange. But now the news is that the CCP refused to arrange it. In this way, I think it has a relatively strong direction. What is the direction? We all know that Bulin Ken's visit to China has two main issues. One is the Russian-U.S. war, especially whether the CCP is military aid to Russia, right? The other is the Taiwan Strait issue. So the CCP now refuses to let Bulin Ken rearrange his visit to China. In fact, from another aspect, one angle is pointing to the fact that the CCP does not want to be under too much pressure from the United States on the issue of military aid to Russia. Therefore, the CCP simply refuses to receive Bulin Ken's visit to China. Therefore, at least at this stage, the CCP will not arrange Bulin Ken's visit to China. I think you can see from these two factors that Bulin Ken's visit to China is undoubtedly related to the Russian military aid to Russia. But does this mean that the CCP is now looking into the Sipolin case? They are going to break the case and prepare large-scale military aid to Russia. I don't think so. Why? There are two reasons for this. The first reason is that we all know that the CCP regime has never talked about any morality. It will not say that it is out of morality. I am a ally of Putin. I treat you as a brother. We are friends through thick and thin. From a moral point of view, I must stand up for you and support you. I don't think the CCP has such a factor. In other words, the CCP's support for military aid to Russia is guided by interests. This is the only principle the CCP has. If it is beneficial to Russia, it will do it. If it is not beneficial to Russia, it will not do it. At this stage, I don't think the CCP will provide large-scale military aid to Russia at this stage. The reason is that the CCP is playing a role of a peace envoy. We can see that in the Middle East, in other places, and in the international community, Xi Jinping is now in a high-profile, and frequently, including the issue of the EU war, he is dressing himself up to establish a new order. We deal with these international disputes in a peaceful way. If at this time, the CCP provides large-scale military aid to Russia, it will destroy its own image. This is not good for the CCP. Another factor is the CCP's economy. We all know that the economy of mainland China is actually very bad. It is far worse than what we see on the surface. You may see that the mainland has a very high unemployment rate. Many factories have closed down due to lack of orders. This leads to a series of social problems, such as the explosion of debt in Guizhou, and the risky real estate market. There are many problems. In fact, these are just superficial. I think the real economic deterioration of China's economy may be worse than what we see on the surface. So, in this case, if the CCP wants to provide military aid to Russia at this stage, it will inevitably lead to a result, that is, it will be severely sanctioned by the EU and the US. This will bring a bloody double blow to its economy. So, I personally think that at this stage, the CCP may not consider doing this. When will it do it? Xi Jinping wants to provide military aid to Russia. He wants to hold Putin down. This is his established strategy. At this time, it is certain. In other words, the CCP's military aid to Russia is not a question of whether it will or not. It's just a matter of time. Or what time to do it is the question. So, at this stage, we can see that on the Russian-Ukrainian battlefield, Russia and Ukraine are at least generally in a state of stalemate. Russia is even a little bit ahead, right? After all, it still occupies so many, occupies so many Ukrainian territories. There is no big, now there is no big power contrast change between the two sides. So, at this stage, I think the CCP may also be in an optimistic attitude. But once, if there is a big change on the Russian-Ukrainian battlefield, that is, for example, Ukraine has launched a counterattack, especially after receiving the assistance of these heavy weapons that are strong in the Northern European countries. So, once Ukraine launches a counterattack, if it has the initiative on the battlefield, it may even lead to a kind of defeatist, a great defeatist, such a reversal. So, at this time, I think it is possible that the CCP is in the military aid to Russia. This risk, this possibility will rise sharply. That is to say, the CCP may have set a bottom line for itself. No matter what, it does not allow Putin to cause the collapse of the regime on the Russian-Ukrainian battlefield due to military failure. I think this may be the important consideration that the CCP will make when it comes to military aid to Russia. Of course, I will add a little more at the end. In fact, when it comes to military aid to Russia, this can be said to be a more complicated connotation. Maybe different people have different understandings. In fact, the CCP has been in the military aid to Russia since the beginning of the European War in the form of military aid to Russia, right? Some spare parts or drones, which are relatively small, including some light weapons. So, maybe I think what the international community is most worried about and what they value most is probably the main tanks, artillery, missiles, etc. These are all heavy weapons. Maybe even these things do not allow the CCP to support Russia. So, the CCP has always been in the military aid to Russia. It's just that these heavy weapons are now an important indicator. Indeed, we just mentioned that in fact, last Friday, a senior consultant in the Ukrainian president's office revealed that they found that more and more Russian weapons are made in China. I want to ask you again. We saw last Friday that the CCP's Foreign Minister Qin Gang met with the German Foreign Minister Bill Bock. He said at the time that the CCP would not provide weapons to Russia. But we still found some similar information, including that Li Shangfu went to visit Russia again. What kind of signal do you think the Chinese authorities are sending to the outside world? I don't think Qin Gang's statement is believable. It's completely unbelievable. Because the CCP lies to them like eating tofu. It's so simple. Li Shangfu himself is now in the position of Minister of National Defense. But we all know that Li Shangfu used to be a member of the General Equipment Department of the CCP. So he is very familiar with weapons and equipment. Li Shangfu was sanctioned by the United States because he bought illegal Russian weapons and equipment. That's why he was sanctioned by the United States. So when Li Shangfu went, he must have talked about some substantive issues about how to reinforce Russia. But I think he may do some pre-emptive and systematic work now. As we mentioned just now, it's not about when the CCP will reinforce Russia. It's not about whether it will do it or not. It's actually been doing it all the time. It's just the size of the scale and the level and type of weapons that support it, that's all. Mr. Tang Jingyuan, we saw that at the same time when Li Shangfu visited Russia, the seven foreign ministers had a meeting in Japan. The China issue and the Ukraine issue were mentioned as important issues. And a few days ago, French President Macron visited China. He talked about the European position, which was in line with the CCP's intention. As a result, it triggered a strong rebound in these aspects of the EU. And at the beginning of this foreign ministers' meeting, Borelli, the head of the EU foreign policy, made it clear that there are three types of relations between China and Europe, namely partners, competitors, and systematic opponents. Among these three types of relations, which type of relations does the EU prefer to regard as China-EU relations? Borelli said it would depend on the behavior of the CCP. So, based on the current behavior of the CCP, I would like to ask Mr. Qin Peng, which type of relations do you think China-EU relations will move towards? I think it will move more and more towards a systematic competitor. A systematic competitor. Yes, because the CCP and the EU and the US have different fundamental values, and their fundamental interests are also different. Moreover, in these big events, the CCP's choice will inevitably directly harm the global interests and the direct interests of the EU and the US. So, the first one, we can see that in the entire Russian-Ukrainian war, as Mr. Tang Jingyuan said just now, the CCP does not dare to directly provide large-scale lethal weapons. However, in terms of information, technology, accessories, or facilities for the use of residents, including drones and so on, the CCP is actually providing them. Moreover, some time ago, the CCP provided 40,000 rocket launchers to Russia. In this case, the CCP accidentally gave Egypt a loan of tens of billions of US dollars. Russia is supporting Russia in various ways. So, in this case, the EU and the US can actually see it clearly. However, the EU and the US are not willing to offend the CCP at this time. Moreover, some countries may still have some interests. So, in a big way, after solving the Russian problem, everyone will definitely put more effort on the CCP. At the same time, for the production of these key technologies, as well as many other related information, the CCP's blockade will definitely be increased. There is no doubt about this, right? So, including in terms of investment, there are some restrictions in all aspects. So, if there is no doubt about the Russian-Ukrainian war, it will greatly change the pattern of the whole world. The global situation of encircling the CCP will become more and more obvious. The second one is about the Taiwan issue. Because of the Taiwan issue, two days ago, after Macron's visit to China, he was criticized by almost everyone, including the whole world, as well as those in France. The public was shocked. The public was shocked, right? It can be said that it was shocking. It is unexpected that at this time, he took the method of betraying Taiwan. Why? Why is everyone so shocked about Taiwan? Because Taiwan is actually involved in too many problems. The existence and development of Europe and the United States, and its current stability and prosperity are all dependent on Taiwan, right? Whether it is its democracy, or Taiwan's high-tech, or Taiwan's strategic significance, right? The CCP's low-level control has affected global peace. On this issue, the CCP can never be shut down, and it can never be changed. So, although we see the German Foreign Minister, Bill Bock, made unprecedentedly strong remarks in Beijing, it can be said that it is a warning, right? But this kind of warning has no meaning for the CCP. It just sounds better on the surface, but it is also very obvious, right? We do not allow others to support us in this aspect. It is absolutely impossible to allow others to do so. Not in this way. Not in this way, right. So, the Taiwan issue will eventually lead to, just like today's Russian issue, Europe will definitely stand together with the United States to fight against the CCP. So I think this is also a necessary issue. Yes. There is another big direction that I think is worth looking at, which is the U.S. issue. Why? Because the U.S. is a global leader. As long as the U.S. does not change, Europe can only slowly move in the direction of the U.S. As for the direction of the U.S., it is very obvious. A few days ago, the polls showed that more and more Americans have a bad feeling about the CCP, right? This has always been an increasing trend. In the case of an increasing trend, in this case, the U.S. policy will definitely not rely on any president or other leaders. It will continue to tighten. At the same time, Europe will definitely tighten, because its interests are the same overall. After the U.S. order was overturned, and the interests of the United States were tampered with by the CCP, Europe is also in danger. Because Europe's security, Europe's entire order, including finance and economy, relies on the U.S. to help it. Including NATO, the U.S. has a higher expense. That's right. So in this case, although it often shouts there, we have to be strategic, but at a critical time, the U.S. does not dare to really get rid of the U.S. and stand with the CCP. So I think from these three major relations, there is no doubt that China-EU relations can only deteriorate more and more, and can only move towards such a confrontation. Yes. Speaking of the U.S.-EU alliance, let's talk about one more thing. Reported by Reuters, a senior official in the U.S. State Department revealed that the foreign ministers may discuss how the seven member states will take a common and coordinated response to the CCP. The U.S. has been uniting allies to jointly encircle the CCP. On the other hand, the CCP is also tightening activities to try to divide the alliance. Since the end of last month, we have seen that in just half a month, Xi Jinping has received the heads of state from Spain, Singapore, Malaysia, France, the EU, and Brazil. CNN reported that the speed of such diplomatic activities is beyond the normal range, and when Xi Jinping was talking to these leaders, he frequently used the idea of ​​separation, taking advantage of the consideration of the interests of each country to sow discord between them and the U.S. Mr. Tang Jingyuan, do you think the CCP is likely to really weaken the U.S. alliance? The U.S. and other countries are able to form such an anti-communist alliance. What is the most important joint strategy? First of all, Xi Jinping has no doubt that he has such a motive. He also has such a behavior, and he has done it quite vigorously. That's why we can see that in recent times, China has made some actions in diplomacy. Many countries have invited the U.S. to visit China. I think it mainly has to do with two factors. One is that the CCP itself has been blocking the epidemic for three years. In fact, many of the visits to China are in the nature of making up for the past. In the past, it was already arranged to visit China, but due to the CCP's cleaning up and blocking the epidemic, it was temporarily suspended and postponed. Now, from the end of last year to the beginning of this year, the CCP has re-opened itself. Until now, the CCP has announced that the epidemic has ended. In fact, it has not ended. It just fell to a relatively low level. So in this case, many of the arrangements in the past diplomacy are equivalent to making up for it. So in a short period of time, many foreign leaders came to visit China. It caused a kind of illusion. It seems that the CCP's diplomacy has suddenly broken and it is in a very isolated situation where the four sides are in conflict. It seems to be a kind of illusion that even the whole country is coming. I don't think it's real. Another factor is related to the Russian-Ukrainian war. That is to say, especially after Xi Jinping went to visit Russia in a high-profile manner, the plan of the Central Russia and the Zhouxing Group has basically begun to come out. So this inevitably brings a problem. Many countries, especially European countries, are particularly concerned. Because the interests of European countries including their economic interests are directly related to the Russian-Ukrainian war. So they really want to figure out how far the CCP will go on this issue with Russia. So they have to be sure of this before they can take the appropriate measures. You just mentioned what Borelli said, right? That is to say, there may be three possible directions for the relationship between China and Europe. And the decision-making power is in the hands of the CCP. Especially the relationship between the CCP and Russia. Which way will it go? Then Europe can determine whether the relationship with the CCP is a partner relationship or a competitor relationship, etc. In fact, this is the main reason why Macron went to Beijing. So you see, not only did Macron have such a purpose, but also the German Foreign Minister Bill Bock, right? He went to visit. In fact, it is also such a purpose. It's just that Macron, I think he is relatively short-sighted. In fact, because of the economic temptation, he did it for his own personal gain. In addition, in France, there was such a tradition of Daigleism in the past. He didn't want to rely too much on the United States or say that the United States is the core. So in this case, he appeared to sing in a high-pitched tone with the CCP. And then he went to pull away from the United States. Such a kind of behavior. So from this perspective, I think Macron's visit to China, including the remarks he made after his visit to China, can be said to be the only real gain of the CCP. Because of Macron's remarks, it has indeed caused a great response in the entire Western world. Everyone has seen this. We won't repeat it here, right? But from another perspective, we can also see that you just mentioned this issue. So the CCP's division of the European and American allies, how effective can it be to weaken the alliance of the European and American allies? I think its effect should be very limited. The most important factor is that you can see that the CCP's current diplomatic approach is still not very innovative. It is the same as what Xi Jinping did in the past, including in the Jianghu era, which is actually the same. It relies on money to buy things, right? You can see that Xi Jinping has now launched diplomatic measures against Taiwan, which caused Honduras to sever diplomatic relations with Taiwan, and so on. Including the CCP's need to buy Macron's remarks, it relies on money. It actually uses economic temptation. So economic temptation, I think it will bring an inevitable problem, which is that it is equivalent to the relationship of spending money to buy things. This kind of relationship is actually not reliable. Or the effect of spending money to buy things to divide the other party is actually hard to last long. First of all, everyone knows that the things you buy with money belong to the wine and meat friends. Once there is a serious conflict of interests, the money you buy and the relationship you buy can ensure that the other party can continue to support you at this time. I think this is a huge question mark. The second is that since you rely on money to buy things, it is closely related to your economic strength. So we just said that the economic situation in mainland China is actually much more serious than it appears now. And this kind of economic downturn may be seen by many economists, economists, and experts. For example, the United States is experiencing inflation, which may be easier to deal with. China is now experiencing a downturn. This kind of economic problem, economic dilemma is more difficult to solve. It is not a problem that can be solved in a short period of time. Especially in Xi Jinping's current policy, this kind of thinking, this kind of policy direction, under this background, if you want to count on China's economy to have a huge rebound in a short period of time, I think it is a matter of course. Therefore, if China's own economy is not good enough, the CCP's own economy has a very weak foundation. How can it continue or continue to rely on a long-term strategy to consolidate the relations between the European Union and the United States? So I think in my opinion, it is very limited. OK, thank you very much, Mr. Tang. I want to add one more thing. Sorry, you just mentioned another issue, that is, the United States and the European Union have a problem of this joint strategy, right? How do they consolidate the relationship between their allies? This is what we correspond to. On the contrary, the CCP is using this kind of money to buy and go crazy. So what do European and American countries rely on for the relationship between their allies? I think it depends on two points. The first is values. Everyone has a shared value, right? Their social system agrees with this freedom and democracy. It is such a ideology and such a social system. So it is highly recognized. The second and more important thing is that everyone has a common national security concern in terms of geopolitical strategy. That is, Russia is shaking the order of Europe. So the CCP is now taking action, and is starting to want to shake, to attack the international order of the entire Indo-Pacific region. So the whole Indo-Pacific to Europe, the hottest place in the world, now there are two challengers or two who want to subvert such a role. So from this perspective, the United States and European countries, in terms of common national security, are actually completely consistent. Both sides do not want the existing international order to be completely subverted. So in this case, I think that the CCP's simple money buying is difficult to actually shake the other party because of common national security concerns as well as common ideology and common values. The alliance is built on this. Thank you very much, Mr. Tang Jingyuan, for the detailed explanation. So according to your statement, the CCP is actually a retaliatory diplomatic activity, and these diplomatic relations are still bought by interests. Let's take a look at China's specific economic situation. From last Saturday, the Guangzhou-China Export Market Directive was opened in Guangzhou. It will continue until May 5th. But unlike before, on the opening day, many exhibitors responded that the so-called largest-ever expo in history was very quiet. There are far fewer foreign customers than before. Let's watch a video. Look, look, look at the line outside. Look at the line outside. Look, the lights are all on. We don't even have people here. What's going on here? Come and have a look. Everyone is counting mosquitoes. Look, look, he's gone. What's going on? It's not easy to open. Customers are hiding outside. Look. I am now in a 7K exhibition hall. This exhibition hall is basically made of 7K. It's relatively old. This afternoon, there are a little more foreigners than this morning. But compared to before, there is no way to compare. You think about it. In 2015 and 2016, there were too many foreigners. In 2017 and 2018, there were a lot of foreigners. But this year, there are very few foreigners. I feel that there are very few. Compared to before, there really is no way to compare. Okay, so these are some of the real thoughts of the people on site. We saw that Reuters also interviewed dozens of Chinese suppliers at the meeting. One of them is a company in Taizhou, Zhejiang. The representative of the company said that their foreign orders this year have fallen by 30% compared to last year, and can only be reduced by hiring workers to reduce costs. There is a fan company in Guangdong. The sales manager said that his factory used to have orders. Workers go to work and even work overtime on weekends. But this year, they don't have to work overtime. They also have a plan to fire people. The manufacturer of a spare product in Ningbo also said that the factory has fired a lot of workers. If the situation of the order is not improved, the price will drop in the next few months. So dozens of suppliers interviewed all said that due to the softening of demand this year, they did not add production lines or increase investment. At the same time, we saw that the Hong Kong media reported that due to the decline in exports from Europe and the United States, some companies turned to open up the Russian and Middle Eastern markets. There were also a lot of Russian businessmen at the meeting, that is, Russian businessmen. And they also said that they can't use US dollars now, they all use RMB to settle. Mr. Qin Fang, can the Russian market fill the gap in the European and American markets? A simple answer is impossible. We saw at the meeting this time that it has a very big feature. What is it? The official propaganda is very different from the actual experience of the actual exhibition. The official propaganda is that people from all over the world and those present may not have half of the foreigners. It's a very miserable state. What is the reason for this? In fact, it has done something unprecedented. In the past, such a trade fair was mainly for foreign companies. Domestic purchasers were not allowed to come in. As a result, this year, a large number of domestic purchasers came in. What does this mean? This means that it is for such a very popular situation, so it actually uses this method to create a humanistic prosperity. It has put hundreds of thousands of domestic purchasers in. And the trade fair itself is for foreigners. Yes, it is for foreigners. In this case, the official propaganda that people from all over the world will not bring foreign trade traffic. So for these people present, they say that there are very few business cards or very few foreign customers. I even interviewed some friends from Europe, America and Australia. Because there are several foreign trade groups in a group. What do they say? They say that there are very few purchasers from Europe, America and Australia. It's not that there aren't any, but there are very few. And there are a lot of Russian purchasers, right? There may even be other purchasers from Africa. But there are not as many as I imagined. And before that, someone said that there might be a Russian group of 10,000 purchasers, right? The Russian army. But they didn't come, so in the end, they might come to the Middle East, India or something else, etc. So this is the actual situation on the spot. Wow, what do you think will happen to China's economy in the future? What do you think about the recovery of the Chinese economy? Yes, this actually brings a very big problem. Will the next export go bankrupt? What do we see? According to Tao Dewang, the order from Europe and the United States may have dropped by about 30%. And the order from Japan has dropped by about 40%. At present, we see that there is no complete data, right? Because there may be a time after about two or three months, that is, in June, it may be more obvious how much impact it has. But from this trade fair, you can see that this order will actually decrease a lot. And such a change, that is, we say that the currency will rise, such a rise in Russia, can it bring such a reduction in Europe and the United States to make up for it? In fact, there is no doubt that it can't make up for it. Why? At present, China imports more than 500 billion dollars of such products every year. If it drops by 10%, you think about it, it will add up to 100 billion dollars, which is 10,000 billion, right? 100 billion dollars is gone. And how much did Russia buy from China? In 2022, it was an unprecedented surge of 40%, right? As a result, Russia actually finally reached a total of 1,900 billion dollars. And most of it is that Russia exports natural gas and oil to China, more than 1,100 billion dollars. In other words, China exports to Russia is only 760 billion dollars. So the CCP itself estimates that this year's total bilateral trade with Russia will reach 2,000 billion dollars, which will add up to more than 100 billion dollars. Even if we say that the increased amount has become all China's exports to foreign countries, it will only increase by more than 100 billion dollars, which is 8,900 billion dollars. The total amount is only 8,900 billion dollars, and the increased amount is only more than 1,200 billion dollars, right? So in this case, it can't make up for such a loss at all. OK, let's look at some data. We can see that the Broadcasting Association is extremely cold, and some videos are constantly flowing out on the Internet, showing that China's export markets, such as Zhusanjiao and Changshanjiao, have been in a slump since this year. A large number of workers can't find a job. But China's economic data is very similar to what people see and feel. For example, let's take a look. Last Thursday, the Customs Chief reported that in March, China's exports increased by 14.8%, which is the first increase since September last year. So this data has aroused questions from the outside world. In addition, the official also said that in the first quarter of this year, China's net exports increased by 4.8%, of which exports increased by 8.4%, and imports increased by 0.2%. Bloomberg said that the official data for Tuesday is expected to show that GDP in the first quarter increased by 3.9%, which is 2.9% higher than in the fourth quarter of last year. Mr. Qin, what do you think of the official export data on March and the first quarter of this year? As we just said, the export of foreign trade is actually post-pandemic. So in this case, it looks like it's going up, but it doesn't mean it's going to be good. So I think this is a very big problem. What information can you read from this data? There are a lot of information. The first one is that the sudden increase in exports in March is actually related to what we saw before. Because of the impact of the Chinese New Year and the impact of the epidemic, many orders were not paid in January and February. Then in March, it was rushed to pay. So the result we see is that the number of exports in March is increasing. This is the first thing we can see. The second thing we can see is that the number of orders is actually declining. Then there is a specific number of export orders in Caixin. It is even lower than Longkou County. So this is actually a very terrible and a problem that needs to be shrunk. The third thing we see is that in terms of ports, all the ports are still in a very sluggish state. Right? Empty containers are piled up in large numbers. And there is no work. And Shenzhen and so on, it is still subsidizing the drivers of these ports. What does it mean? You don't have a job, but in order to support you, otherwise, after you run away, I can't unload those few goods. So you have to subsidize these drivers. This means that the total amount of imports and exports is actually declining significantly. So this is also the case. And from what we can see, in terms of the total export volume of the port, you can actually find that it does not match up with the large increase. For example, the total export growth is more than 10%, right? 14.8%. But in terms of the port, the first quarter of Tianjin's cargo volume was 4.7%. Then Qingdao grew by 9.6%, and Guangzhou grew by 1.8%. So how did such a high export difference come about? So this is actually a big question mark. In addition, it doesn't match up with some data from other countries. How to say? For example, we see Vietnam, right? In March, Vietnam imported 9.7 billion U.S. dollars from China. And China's customs show that in March, China exported 1.48 billion U.S. dollars to Vietnam. So there is a difference of 5.1 billion U.S. dollars. It's almost half of the difference. So do you think that the data from the customs is fake? I'm afraid that the data from the customs is fake. It's for information security. It makes people think that China's economy is still very good. So it attracts more foreign investors or companies to invest more boldly or to invest more boldly in China. So in this case, it actually makes up some data. So I think this is also very rare this year. In the past, we said that the data from the customs has not been obviously fake in recent decades. But this time, you can see that it looks like it's obviously fake. But from the situation of the CPC Central Committee, it seems that its data is fake and has not got some corresponding effect. In terms of propaganda, many people still think that China's CPC Central Committee is very popular now. Because the official propaganda, including CCTV and People's Daily, is still talking about people's mountains and people's seas, right? People's mountains and people's seas, and so on. But we say that the data from the port is real. The price index is real. So it's not fake. And there is also a common index called the China Export Container Transport Index. This is real. That is to say, when the epidemic is at its peak, how much can China's container reach? It's 20,000 US dollars. A container from China to the United States. So how much did it get later? 3,000 US dollars per container. Wow, that's a big difference. Yes, that's a big difference. And now, according to the official statement, the export is soaring, right? So the index should be rising. But in fact, it's continuing to fall. So you can see that the overall foreign trade situation is pretty bad. Yes. So recently, there is another hot topic related to the economy. Let's talk about it. On April 12th, Guizhou officially published an article called Extrapolation Work is Extremely Difficult to Promote, There is No Extrapolation Method by One's Own Ability. It said that after an investigation, Guiyang, Guian, Zunyi, Bijie, Liupanshui and other places in the province came to a conclusion that the local debt in the province is serious and they have no ability to solve it. They have to fight for the support of the State Council Development Research Center. Okay, Mr. Tang Jingyuan, can you tell us a little bit about China's local debt? In fact, it has been exposed for a long time. Everyone knows this problem. What's strange now is that Guizhou officials took it out in front of the Xidan Bureau to sing the economic light theory and publicly exposed it to the authorities. What do you think this is? What do you think? Some people think this is an open extrapolation in Guizhou. Do you think so? To some extent, it can be said to be an extrapolation. Of course, I think there are two factors behind this. The first is that Guizhou ranks first in the crisis of local debt. In more than 30 provinces, I think Guizhou may be in the top three. In other words, the situation in Guizhou is relatively serious. It was forced to expose it like this this time. It should be that it can't hold fire anymore. It should be to such an extent. This is an objective reason. In addition, there is a more political reason. I think the new provincial secretary of Guizhou, Xu Lin, he used to be the director of the Online Information Office, right? He took office in December last year. He just took office. You see, it's only been a few months, four months. He just brought this thing out. I think he should have a more obvious motive. He wants to use this method to clear his own name. Because Guizhou's debt can't be covered anymore. This mine is definitely going to explode. So in this case, instead of a passive explosion, it's better for him to take the initiative to get it out. I think he mainly wants to achieve such a goal, which is to clear his own name. It means to tell that this is not caused by me, right? This is the former, even the previous few times, a few pieces of the message has been passed on to me. It may even contain a meaning. That is to say, especially after the three-year epidemic, after the three-year epidemic lockdown, it is not the CCP's policy to have a pancake, right? The three-year epidemic lockdown is regardless of anything. But now the epidemic is over, the epidemic is over, and then it is required that the economy be re-established quickly in various places. So in this case, Guizhou's local debt can no longer be covered. It's going to explode. So I think Xu Lin, he made such a move, he should have such a meaning. It means that this is not my responsibility. Because this should be strictly said, in fact, it has a certain relationship with the policy in the central government. It has two meanings in it. As for this coercion, this statement, of course, this is a description. But objectively, it does reflect that his action this time is unusual. Because according to common sense, generally speaking, the CCP has such a big problem inside, they all have to solve it secretly inside. They won't let this kind of thing, it's all good news, they won't let this kind of thing be brought to the public. But why is he doing this now? I think a big possibility is that they should have communicated in private. It may be that they want the central government to help him. But from the time of Li Keqiang, including after Li Keqiang handed over the baton, to the period of Li Qiang, the central government has always had the same attitude, basically unchanged, that is, they won't help. There are many reasons why they won't help. It's a bit complicated, but I think the core point is that the central government won't help, and they can't help. Even if they want to help, they can't help. So in this case, I think his so-called coercion is very likely to have another meaning. He hopes that the central government will give him a policy. Isn't it called self-reliance? He can use some very means, use some very means to solve this problem. Okay, thank you very much for your wonderful comments. Our time is up. So that's it for us. We'll see you next time.