China has imposed a $210 million fine on a top livestreamer for tax evasion, stepping up President Xi Jinping’s crackdown on online influencers. Wang Sicong, the son of China’s once-richest man, Chen Xiang, is known for his luxurious lifestyle and a large net worth. However, he has been chasing internet celebrity and livestreamer Sun, who has been pursuing him for the past few years. Wang’s ashes were reportedly stolen with the intent of having a ghost marriage after she died from consuming pesticide on a livestream. Despite many women being interested in Wang, Sun’s love interest was not interested. As of August 3, 2023, Yang Ge, also known as Crazy Xiaoyangge, was the most popular influencer on Douyin with 116 million fans. Half Past Six of Chen Xiang, a family-style situation comedy directed by Chen Xiang, took the second spot with 69 million followers. The Chinese government has stepped up crackdowns on online influencers, with some claiming they are a smokescreen to trick others on social media.
📹 How a Chinese influencer TRICKED a BILLIONAIRE into marriage | Salmon Sushi Volcano Mukbang
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How did Zhang Zetian get rich?
Zhang Zetian is a Chinese businesswoman and investor. She is the chief fashion adviser of the luxury business of JD.com. She gained initial fame from a photograph of her holding milk tea. She was nicknamed Sister Milk Tea. She married JD.com’s billionaire founder Liu Qiangdong and became an investor. She is a Chinese billionaire. She is the youngest female billionaire in China. Zhang gained fame when a photo of her with a cup of milk tea went viral online. This led to her nickname of Sister Milk Tea. She appeared in a promotional video for the 2014 Summer Youth Olympics in Nanjing, but turned down an offer to appear in The Flowers of War. She attended Tsinghua University. While studying abroad at Barnard College in the United States, she met Liu Qiangdong. They initially stated that they were only studying together. The pair married in Sydney in 2015 after dating for three years. She was 22; he was 41. It was rumored that the couple would marry in Beijing after being photographed at a marriage registry. Zhang gave birth to a daughter in March 2016.
Who is the influencer taxed in China?
In December 2021, Chinese “live-streaming queen” Huang Wei, also known as Viya, was fined 1.34 billion yuan (US$210 million) for tax evasion and had her account banned on all platforms. Taobao is owned by Alibaba, which also owns the South China Morning Post.
Over the past nine years, Pans video content has changed from sharing weight loss tips to selling clothes and offering beauty tips.
How are the Chinese so wealthy?
One Chinese investor says: Savings and investment go hand in hand. When there is less welfare spending, the money saved is also invested. China’s wealth is due to this reason. China’s wealth comes from investing.
What is the 183 day rule for Chinese tax?
The 183-day rule determines if income is taxable in the PRC. Foreign nationals who are residents of a non-PRC treaty country will have their tax exemption period shortened to 90 days in a calendar year.
How many days an employee stays in China.
If an employee has no permanent home in China, the days they stay in China are counted as one day. This is according to the tax agreement between China and other countries. See Article 1 of Notice 2004-97 from the State Administration of Taxation.
What is the top 1% income in China?
In the U.S., you need $5.8 million. In Monaco, it’s more than twice that.
Who is the Chinese millionaire influencer?
A Chinese live streamer named Zheng Xiang Xiang has made a lot of money online. She has gained recognition for her unconventional approach to online product promotion, raking in $14 million per week. Unlike many others, she doesn’t describe her products in detail.
Is China salary tax free?
China taxes residents on their worldwide income. Non-residents are taxed in China on their China-source income only. See the Residence section for more information. In China, you are taxed on your income.
Residents are taxed on their worldwide income. Non-residents are taxed in China on their China-source income only. See the Residence section for more information.
An individual is taxed in China on their income. China’s IIT law groups personal income into nine categories.
Wages and salaries. ; Labor service pay. ; Author pay. ; Royalties. ; Business income. ; Interest, dividends, and profit distribution. ; Rental income. ; Property transfer income. ; Miscellaneous income.
What is the 6 year rule in China?
The 6-year rule determines the tax liability of foreign nationals living in China. It looks at how long someone has been in China for to work out how much tax they owe. This rule helps people move around the world by making it easier to understand tax rules. It affects decisions about work, living in a country, and planning taxes. 2024 is a big year. 2024 is a big year for this regulation. It’s the first time the six-year clock has been set since 2019. This is important for anyone moving to China in the next few years.
How the 6-year rule affects expatriates. Here are some things inbound foreign individuals should know to succeed in China’s economy.
How do people in China make so much money?
China is a manufacturing powerhouse. China also makes machinery, cement, food, trains, planes, cars, consumer goods, and electronics. China is the world’s second-largest economy, with a GDP of $17.9 trillion in 2022. This is behind the United States, which has a GDP of $25.4 trillion. China’s economy is driven by its manufacturing exports. China is now the largest economy in the world in terms of purchasing power. Its purchasing power is more than $30.3 trillion, compared to $25.4 trillion in the United States. How did China go from poor after World War II and the civil war to the second largest economy today? After decades of economic problems under Communism, China began to open itself to the world when it started trading with the U.S. in 1979. As its exports grew, China became a major global economic power over the next four decades. China’s economy has grown to be one of the largest and most powerful in the world. It is now the largest in terms of purchasing power parity (PPP). Despite this growth, China’s economy is strictly controlled by its government. There are accusations of corruption, unfair dealings, and falsified data.
How rich are the 1% in China?
In the UK, it’s $3.3 million; in the UAE, $1.6 million; and in mainland China, $960,000. New data from Knight Frank shows how much money you need to make the top 1% in 25 countries. Monaco is at the top. In Europe, you need $12.4 million to be in the top 1% richest. In the US, you need $5.1 million. It’s $3.3 million in the UK, $1.6 million in the UAE, and $960,000 in mainland China.
Access your favorite topics on the go. You need a net worth of $12.4 million to be among the richest 1% of people in Monaco.
How rich is average Chinese?
Ten years ago, Chinese people owned 9% of the world’s wealth. That figure has now more than doubled, while the country’s median wealth has increased from $3,111 to $26,752 between 2000 and 2021. The U.S. and China account for half the world’s household wealth. GDP is a common way to understand the size of an economy. While looking at annual economic output is useful, there are other ways to evaluate a nation’s wealth.
Household wealth statistics show which countries have the most money and assets. This visual uses data from Credit Suisse’s annual Global Wealth Report to show the latest estimates for household wealth by country.
How much do foreigners get taxed in China?
Tax rates for income over RMB 36,000: 10% for RMB 36,000 to RMB 144,000 20% for RMB 144,000 to RMB 300,000 25% for RMB 300,000 to RMB 420,000 30% for RMB 420,000 to RMB 660,000.
📹 Fake Rich of China: The Secret Lives and Lies of ‘Shanghai Socialites’ | China Economy | Internet
Recently there is a group of female socialites in China who have an extremely luxurious life. Or at least they appear to. They wear …
She’s on a different kind of time management… my time management consists of doing dishes and listening to Audible. Visit Audible.com/stephaniesoo or text stephaniesoo to 500-500. Also, Give me your spiciest cheating stories (or time management stories) docs.google.com/forms/d/1inLOGq1n0PNXEVdOrWkmUn2Zdxp-mnkmv_iHOr6s898/edit
if she had used her time management skills on her career and actual business, she honestly would’ve done so well, because it’s insane how well she pulled everything off for a long time. i feel so bad for chris though. he sounds like a gem that’s so hard to find. not only is he so good in his career, but he’s also an incredibly good lover. he’s able to balance both aspects of his life, while also involving his girlfriend in it and to me personally, that’s like making time for her even while he’s busy making the bank. i hope chris will be able to find someone who loves him and treasures him properly in the future, he really deserves the most.
I cannot get over the fact that he posted a whole powerpoint. Not a notes app talk or twitter post or insta post or regular weibo post. A fucking 65 slide powerpoint. the man not only showed up with receipts, he came with a whole ass presentation. Imagine being a fan of them and waking up to see he posted a 65 SLIDE POWERPOINT about how she cheated on him with three other people and was engaged to one of them. I wouldve both lost my mind and told everyone i knew about it.
A bit of a correction. The party was for an engagement, not a wedding. So Brad & CC weren’t married yet. CC invited her friend who also knew Chris. Chris’s friend just realized that CC wasn’t getting engaged to Chris when the ceremony started. So he called Chris during their ceremony. Then his friend sent Chris the article of their engagement party. This is so heartbreaking 💔
Tbh Chris hands down would have been better. What is she gonna do when the mother in law is gone and can’t control him to not cheat, especially since they will eventually find out she is not business minded. Chris would probably continue to grow and even if not, he’s loyal and still doing very well and willing to let her take on part of the company for free with little to no work put in Gold digging for a comfortable life wise, it’s not always about the money, it’s also long term who’s gonna take care of you and something to consider
Stephanie!!!! I am so early!!!! I hope you see this and i just wanted to let you know that you are my fav YouTuber ever, i really look up to you and im glad that you have achieved so much, perusal your happiness and the relationship you have with your family makes me happy, have a great day and i hope the best for you, love you!!!! <3
I know this is a weird thing to say but I wish you would say the brand of stuff y’all use,like the spicy mayo&the habanero hot sauce &the honey etc. I just can never find what y’all are using like I wanted to try those shrimp toasts y’all are on the weird things in people’s houses article (I think that’s the one) bc the ones I had were horrible and those looked so insanely good… LOVED THIS article.. Sending love&prayers to y’all and ur fam✌🏻♥️🙏🏻
At the end you say “rather than working hard”… this is a fallacy in a capitalist society. Especially with a population as high as China. They can work to death and still not make it. The system isn’t built for the majority to thrive, so it makes sense why they would go to extreme levels to be validated. Great insight in this article though.
If men are allowed to capitalise off of shallow standards in women then women should be equally able to capitalise off of it as well. These rich men need to hold themselves accountable for being that shallow and only seeking young women for these shallow traits. But for anyone it’s just terrible to be lied into a relationship.
“Work hard” is a mentality that is no longer valid in this era. Maybe it would have been in the 80’s or 90’s where you’d get more money if you worked more hours, or you were rewarded with bonuses for doing more work. Nowadays it’s “work smart” that gets the money. Also, I kind of dislike the fact that the speaker claims that you don’t need to have a skill to become famous and I think that’s not true because you still need to have an idea/concept and convey it in a way that makes it appealing/relatable to many people, maybe it’s not an obvious skill such as a physical one (singing, playing an instrument, drawing…) but it’s still a skill. Plus, you need to be consistent and put in quite a lot of effort to keep the audience with you for more than a couple of articles and once you’re more famous, it’s even more demanding. But I guess to the older generations, influencers will always be considered “the ones who got easy money for doing a couple of articles”.
“… when young people aspire to get rich quickly how far can the country go.” Me: LMFAO! Ppl don’t CARE about the state of the country so long as they can live comfortably with money in their pockets. Nobody has time to worry about every little detail that goes on in a country when we only have a short life to live on this miserable planet. 😒
I really like what @YungTokyo and their replies say about the whole “working hard” concept because yea dude we don’t wanna be like our parents who suffered and struggled to provide us with the bare minimum. College is expensive and hiring practices are becoming more and more unfair. So many of us are “working hard” for a dead end, undignified pay, slave ethics job that can replace you in a heartbeat, so you tell me, would you rather “get rich quick” or suffer like those around you?
“when young people aspire to get rich quicky how far can the country go?” The real question is WHY do young people want to get money ‘quickly’? Is it because the country made it impossible to live a normal life without big amounts of money, and because there is no actually way to get rich by ‘working hard’? The goverment should really think about it instead of blaming citizens for not having what they have
“Instead of working hard” I’m sorry that part stuck with me- because the sentiment of working hard is usually OVER working for the bare essentials. My mom worked hard for 30 years and is just now living comfortable and middle class. I don’t wanna condemn people who don’t want to slave away at jobs they’ll hate that only provide the bare minimum to survival and not living. This is not to say internet culture is heavy but the aspirations are completely understandable
Social media is fake . Unless an influencer actually shares a skill that will help you in real life( for example gardening, books, architect, paintings), I would skip others who just showcase materialistic desires. Atleast for me it is all a mirage and would rather use my time on earth to enrich my mind and body…
When you compare the fact that they have the option of working 9-9-6 for $4,900/yr vs. 20 secs for $50,000, it’s honestly understandable why people choose the latter because you are pretty much working yourself to death for a system for someone else’s lambo. If people had real hope in improving their situation then they wouldn’t be looking at scams or fast money.
I knew a guy just like this in my first year of college. It was such a culture shock. Like I’m a middle class southerner, wasnt raised to waste food, clothes, or anything of value, never been into name brand stuff. So running into this guy who everyday he had on name brand clothing, only shopped at like gucci and other luxury brands was so wild. Ofcourse I didnt want to pass judgement just cuz he was rich. So I befriended him…bruh he was exactly what I thought. He was so shallow. Literally only kept me around as like a weird sorta achievement like “check out my black friend”
I swear most of my neighbors are doing this same exact thing… very often,at least a few times a week, my apartment will have people arrive in the early mornings,with a few suitcases and luggage come to the concierge desk and if you did not know better, you’d think this building was some sort of private luxury boutique hotel, especially since it’s right in the middle of downtown La, and next to another fancy boutique hotel called the Conrad, it’s also in the arts district,right next door to 2 of the most famous contemporary art museums and the Disney concert hall ! i know for a fact that these people are Chinese, and they come in pairs or alone, and as one pair(the “tenants” )greets the incoming guests and escorts them up into the elevator with their luggage, you will see the “tenants” leaving with their bags packed shortly after! Once i was being nosy and took mental note of the unit # and i have noticed it’s new people coming in /leaving damn near biweekly!. I took notice when my neighbors across from me seemed to change every couple of weeks… but i believe they’re using this as a hotel or Airbnb type of thing rather than living here permanently… this is a very expensive place to live but the amenities are gorgeous and i can definitely see this being a gold mine for a “luxury living” influencer …
I think it depends what ur interests are. I mean it’s easy to label “rich people” but if we think in a different way, “people with a lot of money”, u can then realize why these differences happened. Different people with different interests would use their richness differently. I know some smart people who are rich spend most of their money on scientific research or intellectual endeavor. I know people who are materialistic spend their their money on materialistic goods. I also know political driven people spend their wealth on political pursuit. It all depends
i feel like the title says else and the conclusion and ending was talking about the rise of social media influencers. like whats not clicking? these fake socialites are not even influencers. they appear rich but most of them just do that. fo rme at least these influencers are doing live stream. just taking fake pictures does not do any harm from what I’m seeing.
The issue isn’t young people trying to get rich fast it’s the society that’s made it impossible for them to get a living wage on ‘normal jobs’. The work industry is a labor industry. No one makes a million dollars they take it. Don’t be mad cause these ‘kids’ have found a route around being a labor mule for the shit industry the world is now. It’s not easy being an online influencer. This was so biased.
I can’t stand people pretending to have it. I had an old College friend that came from a literal third world country, she was annoyingly materialistic and insufferable to be around. How tacky. Get your skill set together and grow your wealth. It’s not that hard to do. It just takes a long time when you’re staring out and do it legit.
Although this is an insight into how Chinese deal with being ‘internet stars’, its in every culture with access to media platforms. So although there is definitely Chinese at this now, they are really late to the game as Net idols and influencers started in the West around 1997-2000. I lived and worked in China for 2 years, and traded with china over 15 years. My girlfriend is Chinese and she works very hard in selling UK chemicals to china, as well as fashion goods. I have many Chinese friends and none of them consider this as a get rich quick idea. I can assure you, most of them use social media only for communication and showing off their holidays, dinners, friends. (but its true getting rich is an overwhelming force with them). However its still a good vid. Keep them coming.
This makes me extremely sad. Granted, living in the U.S., and working my ARSE off for 30+ years… I’ve basically gotten nowhere. Even when I tried to create my own businesses, my own successes, etc. I’m not sure what to say. Humans only have one chance at Life here on Earth. I guess we all have to do whatever we’ll do, or die trying. Good luck, young people of China (and everywhere else)!!
“instead of working hard?” I definitely think they are working very hard (especially the “mukbangers”) to earn money. Entertaining people is a hard work. Things changed from before where people cultivate the land to earn money. People are just getting wiser nowadays on how they use technology to help them earn. If i have the confidence these people have, i rather be a vlogger than work on draining shifts.
Now, let talk about Tibet freedom – Indian people and whole world support Tibet freedom – All organized political activity outside the CCP is illegal and harshly punished, as is any evidence of loyalty to or communication with the Tibetan government in exile, based in Dharamsala, India. #freetibet #tibetfreedom
y’all, this happens everywhere. Our fast paced society is bombarded with stimuli from everywhere, no wonder some individuals succumb the insanity of social media, fame and “easy money”. Tbh, living in a country with lots of problems would lead me to the internet as well. It’s one of the few options people have. The training camp tho… kinda extreme but oh well, these extremas exist everywhere.
It’s not that young people are lazy. But more so the fact that they’ve realised that al wealth and opportunities r limited to the rich and powerful, and that working a 9-5 job until u retire will only leave u poor, old and still struggling to make ends meet. This culture might seem ridiculous, but it shows a deeper issue where wealth is distributed unequally and individuals would toil only to make the rich richer.
This is so true I live in Shanghai, and average girl here always fake it in everyday life but of course not the level shown in the article, those are professionals. But let’s say in general the culture here forces woman to be this perfect daughter, perfect student, worker, wife, sweet, angelic, submissive, non responsive, the closest I can say, I have feeling I live inside this movie the stepford wives, lol and that you feel these woman might be robots to not have their own personality or something, well is funny
There’s this superstar that really admires nature, appreciates arts, donates book for unfortunate ppl (as he said “art is not hard, it’s next to us!”) I really love that there are celebrities like him. He loves riding bike, going or leaving work. He has bonsai that he really love taking care off. He goes to museum and supports independent artist. It’s the epitome of enjoying life without being shunned by luxuries and money. He just loves everything, nature, arts, and simple life, despite him being a huge superstar.
This is a real social issue that’ll ruin the country one day. I have some international student friends whom failed to get in a domestic Chinese school due to bad grades so came overseas (western schools mostly only care about money, not grades) but put great financial stress on their family and can barely even afford living here. Yet they are obsessed wit appearing rich and don’t want to do part time jobs. I keep telling them they gotta settle down and grind through this tough section in their lives, once they get a job in the West, gain a few year of experience their potential is endless, a few hundred thousand dollar salary isn’t impossible. Yet they spend their time trying to attract rich men, OR rich girls. They see school as a social place to get married to a rich family to solve their problems rather than educating themselves….but which 20 something year old is going to freaking MARRY you ???? How do you know if they are serious about you????
In Japan in the 80s, many Japanese wanted to get rich quickly through real estate and stock market gambling. Then came the ultimate crash from which we have not yet recovered! As for China, it will be even worse than Japan. The only thing that has no limits is the stupidity of repeating it until you are completely exhausted. Then the person asks themselves, why am I lying on the ground?
I’ve been to one of these events in Shanghai. They use different marketing keywords with different people. I’m a young woman working for a top tech company and saw the poster that was supposed to be for men, which said it was a networking event for tech talents with a price as low as 120 RMB. When I was there, every girl wore fancy dresses and makeup, and I supposed that they must have paid much more to join. The women there didn’t look like tech workers and just tried to be as pretty as they could. One of them even told me that I’m not the kind of person who belonged here. I was so shocked that a complete stranger would talk to me this way. After perusal this whole thing, it seems like these events connect gold diggers to men with high incomes.
“Working hard” does not seem to translate well because of how ambiguous the sentiment is. It’s also subjective. I don’t see slaving at a job as hard work. Quite the opposite. It’s a waste of time, and nothing is more valuable than your life. I’ll work hard on my health and relationships. I will not work hard for a company or horrible boss. Give me incentive, I’ll work harder. Pay me more, I’ll give more. Otherwise I’m doing the bare minimum while looking for another job. It’s worked for me. I like my current job. Don’t just give in to this lack of work life balance created by spiteful elders that wish they didn’t fall for the career trap that is business culture. I’d rather live like a literal peasant than be treated like a huminiral at some corrupt job.
Economics is a western designed zero sum game. The reason why China has a different development strategy is its social structure, where there’s both poor and rich. The US for example, tho most people have an higher average GDP per capita, it needs to make sure there are other poor peripheral countries to provide cheaper products and services. Purchasing power parity is also something to keep in mind when comparing GDP per capita, a usd 10k GDP per capita in the US will provide a life worse than a 2K GDP per capita in China.
This is just a needle on a haystack to the reality of how people are towards one another and how much they lie to themselves about what they deserve and what they have earned. This is not unfortunately limited to this context, but is a template of human behavior that can be applied to pretty much every aspect of life. I don’t know when people are going to catch on to the fact that everything around you is a complete and utter lie which is only done to rob you of your money and that there is no one near you who wouldn’t gladly step on your head to get to that next dollar. If this is what someone’s willing to do to meet a spouse imagine what your political parties look like you’re voting systems how taxation is handled. It’s time to tear this mother effer down!!!!
These rich people know who they are marrying. Both gain something from the marriage. The rich person offer financial stability, the other person offers their attractiveness. Love is rare in real life and even when it happens there is no garanty it will last. Marriage works as long as both partners have compatibility of goals and needs.
5:31 becoming an internet celeb, which requires no education or skill. I don’t know why but I tend to think that becoming and internet celeb must be actually real tough. Everyone can upload nice pics and flashy selfies but not everyone can engage millions and actually monetize it. People often go: how hard can it be? I am probably wrong but I tend to think it is kinda hard.
Not different from most girls and guys around the world posting the fake lifestyle all over social media, that’s why I deleted all platforms except this for quality educational content. I remember whil traveling in Beijing, people would arrive to clubs in nice expensive cars with chauffeurs, Lamborghinis everywhere, later i realized that you can rent them for the night LOL
I’m from the Philippines. My neighbor is rich yet you won’t really notice it by how they dress themselves. No elegant jewelries nor even expensive clothes. From what I know (we’re kinda close to them), they have: Over 20 Apartments Over 10 Lots (Lupa) 3 commercial spaces 12 jeeps 1 big sari-sari store 1 Bayad Center
Wait – she used a pregnancy to sabotage the happiness of the CEO’s family? Did she get pregnant by herself? Did she make promises to his wife and break promises to his wife, or did he? It takes 2 to tango, and IMO his choices and actions are responsible for the break up of his marriage. Yet she is being held up as the one to blame when chickens come home to roost.
Although many things from this article are true, and are to be despised, this article has a slightly skewed view, presenting a bunch of negative anecdotes with one thing in common: China. When you put all these negative things together, it creates a skewed view towards China for the audience. People will start to think the majority of Chinese people are like this when these negative incidents are from people who represent a small population. The article points out the amount of money the average Chinese person makes in USD, after applying the conversion rate, it makes the amount look extremely low when compared to US standards. The cost of living/food in rural China is much lower than urban areas. Secondly, marriage affairs exist everywhere in the world, it has nothing to do with the fact that Zhang Dayi was a grassroot who became an internet celeb. Another grassroot who became an internet celeb is Li Ziqi, she is bringing peace/serenity/joy to her audience by hard work. Last but not least, there are many positive outcomes from the rise of the internet age in China, just like any other country, don’t isolate China from the rest of the world.
Lovers of money…materialism… You Can’t Find Joy in this dark world asides from Him Who Gave You Life- Seek JESUS. It’s bad enough the devil had fooled you with this fake high class nonsense (What the internet show ain’t all glitz and glamour). Seek Him While He may still be found- HE Is Coming Soon. I Pray that you’ll Know the Purpose of your Life- It’s Starts With The HIM Who Created you😇 God Bless You
It shows to me how many people (mostly the younger ones) out there need a total stranger to influence them???! Like…….why?! Are they that insecure about themselves?! Are they that naive?! Are they that lonely?! Probably yes to all of those. It’s crazy. Be strong. Smart. Don’t rely on total strangers who only care about making money off of you and your viewership. They don’t really care about you. No. Not at all. Realize this.
I don’t understand why the ppl in comments blame the CEO. Like a billionaire approached a nobody just to impregnate her like he can’t afford a condom. If rich ppl wouldn’t cheat then brothels wouldn’t exist. Even if he rlly made her preg on his own choice no idiot wud expose it to ruin his marriage duh. It clearly said “the chicks take training and use anything they can to step into a rich position” duh moral- the women agree to hv affairs not bcz of the guy but bcz of their money