Discussion on overshadowing of third plenum by US presidential election and public interest in VP pick JD Vance.

Geopolitics and Public Interest

Discussion on the secretive nature of the third plenum meeting and the uncertainty surrounding its outcomes.

Secrecy of Third Plenum

Focus on China's economic downturn, disengagement, and lack of solutions for property market issues.

China's Economic Downturn

Exploration of JD Vance's views on China and comparison with China's migrant workers' challenges.

JD Vance's View on China

# China's Third Plenum and the US Presidential Election

## What's Happening at the Third Plenum?

The third plenum in China is shrouded in secrecy, with little public interest compared to the US presidential election. The lack of transparency and public discourse surrounding the third plenum is a stark contrast to the open political process in the US.

- The third plenum is a secret meeting, and the public is not privy to the discussions and decisions made.
- China's economic downturn has been ongoing, with pressing socio-economic issues that are not openly discussed or addressed.

## US Election Drama

The US presidential election has captured the attention of people worldwide, with its real-time drama and open political process.

- The US election and political process allow for public discourse and engagement on pressing issues.
- The drama and twists in the US election are captivating for many, similar to a real-life version of "House of Cards."

## Views on JD Vance's Comments

JD Vance's comments about China have garnered attention, especially in light of his background and success in politics.

- People in China are amazed by Vance's rise from a humble background to political success.
- China also has its own marginalized population, such as migrant workers, who face challenges and lack political representation.

## The Plight of China's Migrant Workers

China's 300 million migrant workers face challenges and lack social security and support.

- Many migrant workers are aging and have no savings or social safety nets for retirement.
- The shift towards high-end manufacturing in China is leaving unskilled workers behind, leading to displacement and economic hardship.

The contrast between the US presidential election and the third plenum in China highlights the differences in political transparency and public engagement. While the US election captures global attention with its drama and open discourse, China's economic challenges and marginalized populations remain largely unaddressed.

"China's Third Plenum vs. US Election: Contrasting Transparency and Political Engagement"

The U.S. election process is open and involves public discourse on pressing socio-economic issues.

The third plenum in China is a secret meeting and lacks transparency.

The US presidential election is more dramatic with real-time twists and turns.

China's economic downturn has caused disengagement from political and social issues.

China admires Vance's rise from a humble background to political success before the age of 40.

China is critical of Vance's political success and background.

China is indifferent to Vance's success and background.

China is surprised that Vance has achieved political success at a young age.

Migrant workers are facing challenges due to lack of education and opportunities in high-end manufacturing.

Migrant workers are thriving in high-end manufacturing and have ample opportunities for growth.

Migrant workers are unaffected by high-end manufacturing and are well-supported by the government.

Migrant workers are satisfied with their current situation and have no concerns about their future.

- The third plenum in China is overshadowed by US election and geopolitical issues
- The US election is more interesting due to drama and public discourse
- China's economic downturn and lack of solutions are causing disengagement
- JD Vance's success is seen as remarkable in China, but there are concerns about the plight of migrant workers and lack of political representation for them

Even as China's twice-a-decade policy meeting got underway this week, the US presidential race appears to have generated more interest among the Chinese population. Bloomberg Opinion columnist Shuli Ren explains why the US elections, and Donald Trump's running mate JD Vance in particular, have become a source of fascination in China. Her views are her own.
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You know, we're still waiting for any sign of signs of any details or signals from this third plenum.

And it seems like it's all been overshadowed by the geopolitics here right now.

And that's sort of the case from the call, I guess, from our Bloomberg opinion columnist, Shuli Ren, pointing out that there's really any public interest when it comes to the third plenum.

Instead, ties people are more interested in the US presidential election and especially Donald Trump's VP pick JD Vance surely joins us now.

Why do you think people are more interested in this US election than they were could come out domestically.

Like people get to follow in real time like all the twists and turns like everybody likes House of Cards.

Election and the political process is wide open.

Everybody gets to say something in the public discourse.

And we hear a lot about the conversations on the pressing socio economic issues in the US.

Whereas in China that the third planet we all know it's a secret meeting.

We don't know what they're talking about.

Why had news agency had a short statement out saying oh the meeting has started.

And the later sometime in the evening we'll see another statement that can read very very crypto cryptic.

And then we don't really know the tone of the top policy makers until a few weeks from now.

And the business people will try to go to Beijing and say what do you really mean exactly.

And also China's economic downturn has been going on for quite a few years.

Like last year people were still talking about the property market.

How can we pull the property market out of the bottom.

You just have to wait for the cycle to bottom out.

There's just so much disengagement like even academics and policy advisors.

If you if you look around the Chinese media.

Yeah I guess in some ways underscores the animal spirits have taken a backseat certainly for now.

And I think the headline of 1 of her stories is quoting him directly, I don't like China is what he said.

How is this being viewed on the mainland?

Well, surprisingly enough, I mean, China, of course, has those far left crazy people who trashed us whenever they can.

But surprisingly enough I think a lot of people are just amazed that there's someone with such a broken childhood such humble background can come out to the political top be very successful before even turning 40.

I mean China let's be honest has our own hillbillies.

They came out in in their teenage years to the big cities to do midnight jobs.

I mean China has 300 million migrant workers.

President Xi Jinping's high end manufacturing push is actually leaving these people behind.

They cannot build robotics or semiconductor chips.

According to the government's own statistics 30 percent are over the age of 50 which makes sense because they've been coming out since the 1990s.

And they have no social securities no social safety that They don't have who call.

They have no savings because all the money was sent back to the villages.

And what are they going to do when it's time for them to retire.

And then like a lot of them used to be construction workers and there is no construction in China now.

Even though so-called Uber taxi drivers there are tons of them because everyone is becoming a driver now.

I just think these people are having a very hard time and no politicians in China is standing up for them.

And at some point you might get these driverless cars and these robot taxis and that's another displacement we need to talk about.

Like before we talk about how I can take away white collar jobs we should take about talk about how high manufacturing and the new productive forces are taking away the blue collar jobs and China has a lot of lot of unskilled workers.


Speaker 0: You know, we're still waiting for any sign of signs of any details or signals from this third plenum. And it seems like it's all been overshadowed by the geopolitics here right now. And that's sort of the case from the call, I guess, from our Bloomberg opinion columnist, Shuli Ren, pointing out that there's really any public interest when it comes to the third plenum. Instead, ties people are more interested in the US presidential election and especially Donald Trump's VP pick JD Vance surely joins us now. Why do you think people are more interested in this US election than they were could come out domestically.

Speaker 1: Well I mean it is a lot of drama right. Like people get to follow in real time like all the twists and turns like everybody likes House of Cards. Right. But but more importantly like the U.S. Election and the political process is wide open.

Everybody gets to say something in the public discourse. And we hear a lot about the conversations on the pressing socio economic issues in the US. Whereas in China that the third planet we all know it's a secret meeting. We don't know what they're talking about. It's private.

A few days ago chin chin. Why had news agency had a short statement out saying oh the meeting has started. And the later sometime in the evening we'll see another statement that can read very very crypto cryptic. Right. And then we don't really know the tone of the top policy makers until a few weeks from now.

And the business people will try to go to Beijing and say what do you really mean exactly. And also China's economic downturn has been going on for quite a few years. Right. Like last year people were still talking about the property market. What are your possible solutions.

How can we pull the property market out of the bottom. And now no 1 talks about that. People just say oh it's a long haul. It's a cycle. You just have to wait for the cycle to bottom out.

There's just so much disengagement like even academics and policy advisors. They don't have very much to say. If you if you look around the Chinese media.

Speaker 2: Yeah I guess in some ways underscores the animal spirits have taken a backseat certainly for now. You mentioned JD Vance, of course. And I think the headline of 1 of her stories is quoting him directly, I don't like China is what he said. How is this being viewed on the mainland?

Speaker 1: Well, surprisingly enough, I mean, China, of course, has those far left crazy people who trashed us whenever they can. Right. But surprisingly enough I think a lot of people are just amazed that there's someone with such a broken childhood such humble background can come out to the political top be very successful before even turning 40. Right. I mean China let's be honest has our own hillbillies.

They are the migrant workers. They were born in poor villages. They came out in in their teenage years to the big cities to do midnight jobs. And a lot of them are very troubled. I mean China has 300 million migrant workers.

President Xi Jinping's high end manufacturing push is actually leaving these people behind. Like they are not very well educated. They cannot build robotics or semiconductor chips. Right. And then a lot of them are getting old.

According to the government's own statistics 30 percent are over the age of 50 which makes sense because they've been coming out since the 1990s. Right. And they have no social securities no social safety that They don't have who call. They have no savings because all the money was sent back to the villages. And what are they going to do when it's time for them to retire.

Right. And then like a lot of them used to be construction workers and there is no construction in China now. Even though so-called Uber taxi drivers there are tons of them because everyone is becoming a driver now. And the money is hard to come back. I just think these people are having a very hard time and no politicians in China is standing up for them.

Speaker 2: And at some point you might get these driverless cars and these robot taxis and that's another displacement we need to talk about.

Speaker 1: Right. Like before we talk about how I can take away white collar jobs we should take about talk about how high manufacturing and the new productive forces are taking away the blue collar jobs and China has a lot of lot of unskilled workers.

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Bloomberg Opinion: JD Vance Sparks Fascination in China