中国公安系统躺平指南

 

从形势上，中国共产党蹦跶不了几天，美国、日本、台湾和北约成员国联合问责、军事打击的可能性越来越大，大家都不想再为中国共产党干活，无论是保安，还是跑外卖的。

但是中国共产党被灭后，中国要维持和平安定，还要不让中国共产党的首要贪污、欺诈犯罪分子借乱逃跑，公安也是听从命令办事，脏事都不能往公安推。因此，建议中国公安系统采取下列躺平方案，减轻自己的罪恶，同时为没有中国共产党的新中国做好准备：

1.经侦局和聘请的司法会计鉴定机构联合摸清主要的中国共产党犯罪分子的财产来源和去向，锁定证据；

2.摸清律师的专长，了解有英国、美国判例法专长的律师，和他们非正式聊天，探讨如何在中国建立不同类别、级别的普通法法庭，普通法法庭和公安系统如何衔接；

3.把时间多花在不伤害老百姓的事情上，有事情就说很忙、没时间、在出外勤，对不起，实在太累了，都忘记了，或假装在读习语录、搞党的建设。

中國共產黨被滅的A股概念股

如果中國共產黨被順利消滅並且和平過渡到民主制度，可以考慮市盈率小、財務造假可能性小的鞭炮、選票印刷、投票機、選舉監控攝像概念股。

民主制度要求投票、計票、監票、驗票全部公開透明，每個有資格投票的人都能投票，所有有效投票都應該準確計入結果，嚴格按程序進行，不能造假，可審計、追溯。

The original cause of global disparity

 The problem may lie in China which is a communist state and disregards basic human rights. China is admitted to WTO in 2001 and runs economy on the model of 996 as mentioned here by a Shanghainese to suppress Chinese wages income and exportation price in the overseas markets destroying foreign private businesses by which China exported the disparity and corruption of the de facto communist system to other countries.

Previously China robbed Chinese peasants with heavy agriculture tax without any personal allowance, an also very unfair economy system. As a result, great famine and Tiananmen Square democracy protest occurred respectively in late 1950s and 1989.

The generations of parents don't have to face the expansion of China communist plague via WTO.

Do you have the impression about why 2008 financial crises happened? Not just because of accounting fraud. Basic reason is that after China entry into WTO in 2001 exploited Americans' wages aren't able to afford too expensive property prices. It's a coincidence that in 2001 Enron accounting scandal occurred.

But corrupted politicians are reluctant to reform WTO. Trump's isolating WTO didn't solve problem. What works is to hold Chinese Communist party accountable to damage it made and promises it failed to keep. For example, let CCP pay overtime health damage to each Chinese worker for more than 1 million dollars or pay personal famine death damage to each farmer victim's family for more than 50 million dollars.

Tax on dividend income should be reduced further while tax on capital gains should rise to 45% or more. Dividend is paid after many other taxes are paid from profit before tax. Less tax on dividend income could encourage shareholders and leave more resources to shareholders enforce corporate governance, scrutinize directors and management and analyse financial statements and audit report thereof. American shareholders, now mainly interested in speculation, don't care China companies' financial statements' integrity problem due to US PCAOB inspection on audit papers being blocked and are being cheated by Chinese companies listed in US vulnerable to accounting fraud shock. 

On the other hand, abnormal low tax rate on capital gains encouraged excessive share buyback leading to negative net assets of many American companies, and speculation, inflating share prices  financed by bank borrowings, distorting valuation system, increasing wealth disparity and increasing bank risk as evidenced in the case of Credit Suisse. China Minsheng Bank may be the next case. Those with more assets and closer to bank credit are more easy to manipulate share price to make themselves wealthier. This is what is happening in China, Hong Kong, USA and UK.

I don't think international capital market has learnt enough lessons from Enron scandal and Lehman Brothers scandal if  unfair heavy burdens are just left to accountants and auditors without much economic means but much accounting knowledge, without hiking capital gains tax on share speculation.

Any investment with HSBC should be considered as terrorist financing or at least violating ESG investment criteria as HSBC financed communist terrorism in Hong Kong and China.

Any investment with HSBC will accelerate global warming as HSBC financed properties and infrastructure construction in China.

The number of HSBC wasn't scrutinised independently by any auditor. Any reporting about such number without emphasizing the number being unaudited is irresponsible and misleading.

Besides, the reporters to this article didn't have basic accounting knowledge that under current IFRS HSBC's income is divided into profit or loss and other comprehensive income so they failed to report that there was 2.8 billion decrease in other reserves on page four of the document https://www.hsbc.com/-/files/hsbc/investors/hsbc-results/2021/1q/pdf/hsbc-holdings-plc/210427-1q-2021-data-pack.pdf. Other comprehensive income was reported under the heading other reserves rather than retained earnings. Because Hong Kong HSBC's auditors'  working papers can't be inspected by US Public Company Accounting Oversight Board, HSBC is more likely to misclassify  financial instruments to misclassify loss into OCI and positive OCI into profit.

This article is overall a propaganda of Chinese Communist party following Financial Times rendering advertisement service to China Construction Bank on the front page.

The problem doesn't lie in Big Four accounting firms. I'm Chinese and also a certified auditor with audit quality assurance experience in China but not associated any member of Big Four. China auditors also want to realize audit integrity, evidenced by tremendous audit quality assurance work carried out by many individual China CPAs,  but the Chinese Communist party(CCP) tyranny system disallows. Foreign listings with false accounts increase foreign reserves of CCP as CCP adopted a foreign currency exchange system with heavy administration or dirty foreign exchange system to enrich associates of CCP. A Chinese saying "When you care about the interest or dividend, the bad investee is only interested in your principals " (in Chinese “你盯着别人的利息，别人盯着你的本金”)depicts exactly what mistakes both foreign investors and Chinese investors have been committing.

To solve problems of audit paper access, what works is to prosecute CCP and enforce laws directly on CCP Chair Jinping Xi. CCP regime is an illegal regime and not a country  so it's legal to prosecute CCP central committee and its associates. According to case law of UK Supreme Court, foreign laws such as those made by illgal CCP regime should be considered as a fact not as law. It's lawful to prosecute Chinese Communist party in Taipei, where The Constitute of Republic of China is effective, US or UK.

I have carried out a forensic audit in China in which case accounting documents of suspect were obtained with CCP's commerce police's "friendly" interview with the suspect. The same can be done to CCP to obtain audit working papers. 

China is a single-currency zone with many provinces that never allows data reflect what it purports to represent. The growth of China is untrustworthy because I am auditor with first line experience with Chinese economy but the author doesn't know how and why China always tells lies just as it told the lie that there was no human-to-human transmission on the early stage of Chinese Communist party virus outbreak. Foreign authors and reporters are also unaware of the internal control deficiencies and corporate governance issues of China government and vaccine makers so they always lack scepticism and critical thinking regard data of China. One representative corporate governance issue of China government is that China government controlled by CCP is not elected democratically,  disallows free speech, audit independence and spends tax collected illegally without taxpayers' representatives' approval.

If author didn't challenge data integrity of CCP, the journalism ethics have to be challenged.

China's Belt and Road leads to global carbon emissions, reduced forests worldwide, environment pollution and corruption. China built military bases and other wasteful infrastructures globally to threaten global security, emit CO2 and ruin reefs and woods. Reefs and woods turn CO2 into O2.

Therefore, suggest Financial Times and all the other media to cease advertisement services for China's financial institutions and any heavy carbon emission supply chain related enterprises of China. Delist all the financial instruments they issued in the west to cheat money no matter publicly traded or over the counter. China just made tremendous promises subsequently voided by its own actions. We have to take means at our disposal to let China follow international rules and fulfill promises.

This is right. Otherwise, even if many Chinese and Hong Kongers flee China and Hong Kong to UK, they still can't avoid being harmed by Chinese Communist party. I have lived in a suburb for a long time in Guangzhou with cameras around all the corners from home gates through routes to McDonald's for breakfast or Walmart , then on public buses/métro stations  to gates of office buildings. Even if you just want to repair substandard ThinkPad computer in the Lenovo shop bought at http://amazon.com I thought made in USA but shipped unexpectedly from China factory, the guard of building requires registering with ID card number and phone number without privacy protection agreement. I don't know how many surveillance stuff have been installed in the ThinkPad. What I know is that everything made in China is taxed heavily and illegally so it's substandard. For example, property tax on office leasing @12%, VAT @6%, while the leased office had been levied deed tax twice @3-5% respectively in buying land and property selling, land appreciation tax 30%-60% (https://www.pwccn.com/en/services/tax/accounting-and-payroll/overview-of-prc-taxation-system.html#:~:text=Land%20appreciation%20tax%20%2D%20a%20tax,the%20%22total%20deductible%20amount%22.), all of which aren't agreed by elected representatives of Chinese through transparent democratic voting process.

Chinese Communist party, itself an international terrorist organisation or transnational organized crime organization, treats every Chinese citizen as suspect and scans all the stuff and inspects ID card wherever to go. 

How could China keep promises on climate change

 I believe China could keep promises to reduce coal consumption if Chinese Communist party(CCP) steps down.

1. Great Leap-forward was started by CCP, causing severe environment destruction, great carbon emmission and farming land reduction. Because CCP didn't step down following end of cultural revolution and 1989 Beijing democracy movement, CCP restarted great leap-forward with capital  supplied by the Wall Street in areas of infrastructure construction, real estate development, South China Sea construction, military buildup threatening Taiwan security, Belt and Road, etc. All these stuff contributed to significant global warming.

2.These stuff consumed coals, natural gas and oil produced in Xinjiang where genocide is taking place as declared by UK , Netherlands, US and Canada. The capital financing these stuff is partly raised in Hong Kong where  suppression on 1989 Beijing democracy movement through slaughter is being repeated.

3. CCP covered up environment pollution in China in the same way it covered up the Covid-19 outbreak initially in late 2019 to January 2020 and vaccine failures. Many journalists have been arrested for whsitleblowing environment pollution just the same as it did to Dr. Li Wenliang. CCP forbade mentioning great famine caused by  great leap-forward. Western media is being disallowed to cover news freely. 

4. It's recommended to deploy some to confront China by US Navy in Pacific Ocean. However, it's better to strike the command center of People's Liberation Army through preemptive action. Many Chinese companies, including SZ DJI Technology Co., Ltd, made use of Hong Kong as a cover base to steal US technology and American investors' money to develop military use drones or other stuff for PLA. Wuhan Institute of Virology stole American biological technology and American funds to develop SARS-COV-2 for PLA and released it from Wuhan causing Covid19 pandemic and millions of deaths around the world and resulting in heavy health system crises, soldiers in US Theodore Roosevelt Carrier Strike Group being inflicted.

Never take China vaccine. CCP step down.

How to cooperate with Chinese

 Myself is a Chinese. I never watch Chinese films made by Hollywood or Chinese Communist party, despite liking Hollywood's American movies mainly horrible topics. A Tencent film made by Hollywood is a disaster and mess. The best Chinese films and TV series are made by film makers in Taiwan and Hong Kong. 

Although Chinese language is used widely in Taiwan, Hong Kong, Singapore and even USA, it isn't necessarily for all the territories speaking Chinese to be united into a single nation. Diverse independent nations speaking Chinese enable more good film works to be produced. What I learned from the history books of CCP about ancient China is that during the period China Mainland consisting of diverse independent nations the culture and science & tech evolved more quickly. Many philosophy books also appeared in such periods, some of which advocated populism or people above both emperor and state, peace and  less tax and regulation burden（苛政猛于虎  ie heavy government burden being more horrible than tigers ).

During the period China being united, all thoughts were processed into one thought monopoly supporting dictatorship of emperor which in turn restricted development of diverse thoughts and hindered development of science. Chinese diary in use of Chinese agricultural  production now was developed mainly by Europeans in China with astronomy science knowledge, irrelevant to China dictatorship.

Diverse independent nations speaking English enable much more excellent movies, political systems, science works and technologies to be produced in the UK, US, Australia, etc while they can communicate efficiently. People speaking different languages can also form a nation such as the United States consisted of people speaking Engish, Spanish, Japanese, Hebrew, Chinese, etc but a federal state allowing difference, freedom, democracy and diversity.

Hollywoods should better work with those Americans, Taiwanese, Hong Kongers, etc that  speak Chinese and also have more real knowledge about Chinese culture  with democracy and freedom to produce best Chinese films.

Timeline of Republic of China

 China should support Japan and USA to remove Chinese Communist party to make it a stronger and more prosperous democracy , worthwhile for global multinational companies to have headquarters. CCP is the real obstacle of Chinese development. 

According to Marxist theory taugh by CCP to myself, when production relationship and upper structures hinders development of producing power, old production relationship should be replaced with new ones. Chinese Communist party tyranny is the old production relationship and old upper structures. American democracy, federal system, judicial independence, free market economy and British common law is the new production relationship and upper structures to replace the old ones.

China needs rebirthing and resurrection of Christ Jesus. 

Let me show you timeline:

 First democracy of Asia, Republic of China was given birth on 10 October 1911 in Wuhan where CCP virus pandemic, made by Wuhan Institute of Virology in collusion with Fauci and Hong Kong University Lab as bioweapon program, broke out in 2019. China economy took off since 1911 till 1919. During WWI 1914-1917, China economy was very good. However, Soviet Russia communism plague inflicted some Chinese separalists and traitors such as Zedong Mao, Enlai Zhou, Dazhao Li and so forth at the end of WWI. The traitors inflicted with communism plague incited chaos in China of democracy since 4 May 1919. From 23 July 1921 the founding of CCP by those traitors and separalists to 1 October 1949, CCP, in collusion with USSR and sometimes with de factor Japanese communists , kept destroying Republic of China with force and arms through terrorist attack resulting in tens of millions of Chinese causalities  and only Taiwan left to central government of  Republic of China.

From 1949 through 2021, CCP has been killing hundreds of millions of people and destroying China with man-made disasters one after another including Three Anti s, Five Anti s, fighting landlords, great leapforward resulting in pollution and global warming, great famine, cultural revolution, family plan, June 4th slaughter, suppression of Falungong, suppression of Hong Kong democracy movement, Great Firewall, forced demolition, mass infrastructures, Belt and Road, South China Sea military base and useless properties construction causing environment damage and global warming,genocide in Xinjiang, Mongolia and Tibet, H7N9 flu, SARS, H5N1, CCP virus pandemic and toxic vaccines.

From 1949 to 2021, CCP never ceased its military threat to Taiwan Republic of China. 

Please all the Chinese rise up to take down the CCP and defend real home nation Republic of China. All the Chinese grandparents or grandparents' parents were born in Republic of China.

China deserves democracy, rule of law, judicial independence, British common law, federal state, free religion, free speech, free market economy, free currency exchange system, much stronger economy and no Great Firewall.

China, without CCP, will deliver much more return to global investors and corporations at much less security risk or totalitarian risk. The CCP entities, such as Alibaba, can't stand audit paper scrutinising of US PCAOB because of heavy tax robbery of CCP leading to financial statement fraud and overstated numbers in the balance sheet and income statement. So CCP banned US PCAOB inspection of audit papers of those companies' auditors, including HSBC's component auditor in Hong Kong. HSBC also has many investments in CCP entities including CCP governments.

跳出延迟退休看中国共产党养老金实质违约

（图片来源：谷歌搜索）

据Financial Team – 雪梨Cheli于2021年3月13日在Gnews发表的金融财经快讯英文版报道，中共提出逐步延迟法定退休年龄。[1]中共就把话题从是否应该延迟退休转移到怎么样延迟退休年龄是合理的。但是我们不应该被中共带偏了风向。

2013年媒体就已经报道70%以上的受访者反对延迟退休，如上图所示。可以看出延迟退休的反对声音很大，但是中共又不想明显违约，于是采用了各种犯罪手段来掩盖其实质违约。

舞弊三角

舞弊三角论（动机或压力、机会和自我合理化）提供了分析中共掩盖养老金违约犯罪方法的一个好思路。

（图片来源：每日头条）

据2012年的人民网报道，

 

(图片来源：人民网)

这里明显提到利益分配问题，这就是动机或压力。

2012年召开了十八大，敢想敢做的加速师上台，王岐山担任中纪委书记，此前加速师自2007年起先后担任政治局常委、军委副主席、中共国副主席，此前中共分为好几个派系，现在权力集中于习王手上，再加上中共国防火墙、媒体、司法、养老基金管理公司、卫生部、计生委等一切都是党的，就形成了舞弊的机会。2013年中共合并机构部门，整合犯罪的资源，将计生委合并到卫计委，从名字简称看就是以前只计划生育，现在要计划整个卫生健康领域，在卫生健康领域有计划用卫生奴役老百姓。从相对分权到完全集权，完美的舞弊机会。

（图片来源：谷歌搜索）

在中国共产党权力集中于习王之后，中国共产党作为一个整体追求理性经济人的目标（即自身利益最大化），利益就是中国共产党长期独裁专政，不被推翻，在养老金问题上就是养老保险收费尽可能多，养老金发放尽可能少，但是又不能明着干，比如直接降低养老金发放标准或直接提高养老保险费缴费标准，那就只能减少领取养老金的人数或提高养老保险费最低缴费基数，减少养老金的人数又不能直接击毙、下毒，只能用其他方法，这叫完美犯罪。提高养老保险费缴费基数每年都在干，几乎没人站出来反对这一做法，而且很多不明就里的人以为这是为打工仔好；以前镇压了六四运动，镇压了法轮功，镇压就镇压了，又没有遭遇严重后果，西方照样和中共做生意，让它加入WTO，让它举办2008年奥运会，放任其建立和运行防火墙违反WTO条款，防火墙一天比一天高，2020年以前放任其在新疆、西藏的种族灭绝。这样就形成了自我合理化。

当舞弊三角因素都具备后，就很可能出事情，只是时间早晚问题

如何减少养老金发放

养老保险只是中共整个社会保险庞氏骗局的一部分，支出最小化的方法可以涵盖整个社会保险金的发放领域，做法：

工伤保险，控制法院、工伤认定机构坚决不予认定驳回，控制铁路不许信访的人进站上车，让黑警把信访人员送回原籍，手段也会用到其他领域，工伤保险不予报销，如果是重度受伤，存款又不够支付医疗费用，也会因无法达到退休年龄，减少养老金发放；

医疗保险，尽量缩小保险报销范围，或控制的医院、医保机构坚决不予认定属于保险范围的疾病，法院驳回，如果没钱治病，就会因无钱治病而病死，无法达到退休年龄，减少养老金发放；

失业保险：故意用政策压缩失业保险金发放范围，减少失业保险金领取人数，方便操纵失业率误导金融市场, 掩盖疫情导致的失业。据期货资讯网2020年6月份报道，中共国的城镇登记失业率仅仅将在政府部门登记、并符合失业条件的人员统计为失业，存在明显漏算，没有很好的处理农民工的失业统计问题，例如2020年一季度调查失业率上升幅度很小，但农民工外出务工数同比减少了超过5000万。[2] 失业了，领不到失业保险金，长期没有工作，就可能未到退休年龄死亡，减少养老金发放。

养老保险，因为变老是必然事件，那就放任环境污染、交通事故、伪劣食品等致死率高的情况不管。

让劳工加强加班强度，996，也可以让劳工在达到退休年龄前死亡，还降低了产品制造成本，没时间思考宪政民主自由，世界奴隶工厂，和西方国家利益共享，掩盖了通胀，西方国家很少再向中共提5天8小时工作制，同受中共控制的劳动局、法院不管，中共宪法中所谓中共是“工人阶级先锋队”就是一句空话、最大的谎言。

让劳工使劲加班的做法在会计师事务所年度财务报表审计业务中比较常见，还能让作为财务报表审计人员的劳工没有足够时间思考会计分录、财务指标的合理性、审计证据的来源与合法性、真实性、从整个经济全面看被审计单位的合并财务报表是否遵守了会计准则、内部关联交易抵消是否充分合理、非流动资产减值准备计提是否充分等，从而让会计师事务所从技术层面协助其掩盖财务造假、统计数字造假，那些特别认真的审计人就很容易过劳死、得胃溃疡、脑溢血等疾病，没时间健身，除非转行，能够活到退休年龄的可能性小， 从这方面就可以理解为何中共始终不肯修改会计期间1月1日到12月31日的统一要求了，中共国上市公司、党企又必须在中共证券法、国资委等部门要求限定的时间内提交经审计的财务报表。需要补充的是，审计准则提到作为宏观经济指标的失业率是了解被审计单位及其环境需要了解并结合被审计单位情况分析的因素，中共对失业率数据的造假，影响会计师事务所对被审计单位的收入、存货、非流动资产等领域审计风险的评估，会让财务报表的虚假错报更难发现，这也是中共完美犯罪的表现。

生育保险，通过宣传大额礼金、宣传买房结婚的理念、涨房价等方式限制结婚，没有生育，那就没有生育保险金支出，同时还顺便涨房价把未来的税现在就通过贷款拿到了，在这个借贷关系里，借款人不是中共政权，而是那些想结婚生子买房的按揭还款人，按揭还款人为了按时还款接受996加班，不到退休年龄死亡，减少养老金发放，或假骗偷，协助中共迫害其他养老金领取人，比如推荐假医疗保健产品。

有一位GTV用户“吾心勇敢”发了一个盖特，“生活被逼到上学和如厕都抢时间的社会，行车和生产事故频发是必然！因为几乎每个人都没平和安静的心态！”[3] ，从中也可以推测出中共的舞弊犯罪方法，事故频发受益人是共匪，伪劣产品受益人也是共匪，伪劣产品包括不合格房地产、疫苗，电梯、疫苗事故致人死亡、重症、重伤，养老金也不用发了，同时认定不属于医疗保险报销范围，中共垄断的医院、墓地还要赚一把，环境污染导致无法怀孕，生育保险金也不用发了。

 

用生化战减少养老金领取人数

蹊跷的是, 据徐德忠和李峰编写并由中共军事医学科学出版社2015年第一次出版的《非典非自然起源和人制人新种病毒基因武器》第4章“当代基因（人制人新种病原体和致病基因）武器及其施放”第二部分” （二）人制人新种病毒生态型基因武器（生态型基因武器）”指出，

“朝鲜战争期间判定敌人发动细菌 战之原则为:其所致流行不符合其自然史！在此应该强调,此原则至今仍适用,是鉴别任何类型基因武器之“金标准”！… h-H7N9 AIV很可能在进入人群前已经某种适应性试验，故其在靶疫源地病死率较h-H5Nl Al低，但传播力强、发病率高、 区域广。此种发生和流行过程不符合人类新发自然疫源性疾病之自然史。…国际上多篇报告表明，在2013年我国流行前，北美，包括 韩国和蒙古的欧亚大陆的禽类内均早已发现H7N9 AIV；令人百思不得其解的是，我国却从未见。… 地区分布规律与流行趋势和h-H5Nl AI相比，相差悬殊，但却和SARS又十分类同:其流行先集中在珠三角，起初3个月内，仅局限于广州及其之西和南 面，继之播散至其东和北面，且至山西、北京、天津等，同时经香港和北京扩散至我国大多省区和亚欧美许多国家和地区，…h-H7N9 AI地区分布与流行趋势反常,很易和非自然起源相联系。(3)年龄分布反常：自2013年2月19日开始流行的h-H7N9 AI年龄分布十分奇特:至 2013年8月12日之年龄高峰在60(51〜79)岁左右…，中位数亦为60岁。 2014年6月27日WHO将我国整个流行分2波(2013年春与初夏为第1波，之后为第 2波)：中位数为60岁；第1、2波分别为62岁、57岁。…更 令人困惑者，受世界卫生组织委托到我国进行现场调查和指导的WHO助理总干事福田敬二 (Keiji Fukuda)，在公众的通报会上坦率地指出：‘我们还看到一些不寻常的情况，例如感染 者很多都是老年人,这个原因我们现在还没有办法解释’… 流行病学工作者均知:影响传染病年 龄分布之主要因素为两类:免疫力和接触机会,且常以前者为主要。人类急性传染病多见于少 年和青壮年。人禽流感亦如此,… 人类急性传染病多见于少年和青壮年。人禽流感亦如此，如2008年WHO报告:h-H5Nl AI平均发病年龄为21.7岁，中位数年龄20岁,90% <40岁。理由相当简单，除接触机会外,应为免疫力:任何传染病，受染 后均产生特异性免疫力；…故即使这类少数传染病在人群中，老者均较 年轻者发病低,因前者具稍高的特异性免疫力。所以,h-H7N9 AI峰在60岁左右之年龄分布在史上绝无仅有；和其他人类急性传染病反常的唯一理由，为引起我国h-H7N9AI流行之病原体，即h-H7N9 AIV很可能由非自然起 源和非自然引入所致”。[4]

从养老金领取年龄60岁，中共试图推迟退休年龄来看，不难推测出人感染禽流感病毒H7N9感染者主要集中于60岁人群的原因是中共为了掩盖养老金违约，用基因武器对中国人发动了细菌战或叫生化战争，人为修改H7N9基因，并投放到退休金领取人喜欢去的珠三角等阳光充足、舒适、便利, 同时又是上面人民网提到的城市新移民、农村进城市民多的地方。

在2013年的人感染禽流感病毒生化战争后，中共又用中共病毒超限生物武器于2019年底对中国人发动了超限生化战争，与国外敌对势力谭德赛、打杂客合谋欺骗，用假核酸测试试剂、肛测、假疫苗欺侮中国人，使很多武汉人、辽宁人等中国人死于中共病毒，再也达不到退休年龄，再也领取不到养老金，使民企停产停业，技术工人失去经验曲线产生的熟练度和进一步的知识储备，使多数中国人更加陷入极度贫穷，这明显属于叛国。

（图片来源：新京报）

据新京报报道，2020年中共国新发癌症死亡人数达458万人，有人说是是雾霾原因导致的，笔者认为更可能是死亡原因分类认定舞弊的结果。按照国际审计准则 315号，中共病毒数据的分类认定领域就存在将中共病毒导致的死亡案例错误分类为死亡于其他疾病的风险，而中国共产党生怕因为其对老百姓发动了生化战被老百姓追究叛国罪，直接下台，中共黑帮头子免不了刑事责任，必然说谎、欺骗、舞弊，2020年由于中共病毒超限生化战，中共国开工率并不高，雾霾不会比以前年度严重，即使更严重，更可能是中共病毒被害人被火化产生的废烟废气导致的雾霾，因此新发癌症死亡人数达458万人很可能是死于中共病毒的部分数据，因为还有部分中共病毒死亡者可能还是按失踪人数处理。

让我们中国人行动起来灭掉养老金违约者、杀人犯、叛国罪犯中国共产党。

 

参考文献：

[1] 中共2021年延迟退休年龄. https://gnews.org/972643/

[2] 伪造失业统计数据. http://www.fazj.org/hgjj/125173.html

[3] 上学和如厕都抢时间. https://gtv.org/getter/604ca771607c4240c8b540ea

[4] 非典非自然起源和人制人新种病毒基因武器. https://mega.nz/file/Ie5GCKYJ#qWO3kVFtc1SBc5Z952O2UhGvgzBiq0K86R44aNsyhaU

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Analysis of Ping An Insurance (Group) Company Accounts

 

Picture resource：Yahoo

2019 Accounts

On 20 February 2020, Ping An Insurance (Group) Company (PAIC)  published its 2019 consolidated accounts. The accounts were audited by PricewaterhouseCoopers Certified Public Accountants firm in Hong Kong (HKPWC) and given an unqualified opinion on 20 Feb 2020.

2020 Accounts

PAIC published its reviewed but unaudited 2020 1H accounts on 14 September 2020.

Risk of insufficient audit objectivity and independence 

Free speech and free thinking including critical thinking about accounting issues have been compromised  significantly by Chinese Communist Party (CCP) 's fascist behaviours in Hong Kong since Hong Kong returned to Communist China from the United Kingdom in 1997. PAIC, which was  registered in Shenzhen, was controlled by CCP. CCP is an organized crime organization. It's naïve to count on HKPWC to maintain sufficient objectivity and independence and exercise sufficient professional judgement and scepticism to perform audit on PAIC's Accounts. Though HKPWC is a member of PricewaterhouseCoopers Global and subject to its internal audit quality control system, who can insure peers from other PricewaterhouseCoopers Global members are free from influence of CCP.

Risk of self-interest threat compromising objectivity and due care exercised by internal auditor, Chief Actuary and CFO

As reported in "SHAREHOLDINGS OF DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT Change in the Number of Shares Held in the Company", its internal auditor and CFO held 268,191 shares and 321,378 shares in PAIC respectively, which may induce them to be engaged in accounting fraud despite shareholding was published. It's hard for them to defend objectivity and independence when applying professional judgement to present and scrutinize financial numbers and related transactions. Consolidation scope, actuary assumptions, impairment testing of goodwill and non-current assets, and evaluation of expected credit losses on financial assets and fair values relied on professional judgement in many circumstances. Undisclosed related transactions and undisclosed related parties have often been used for manipulating financial performance of A-share listed companies. Coverup is a communist virus that killed people via great starvation between 1959 and 1961 and CCP virus in 2020 and cheated money from Chinese as well as from foreign investors.

Significant judgment is required in determining the actuarial assumptions, e.g. discount rates/investment return, mortality, morbidity, lapse rates, policy dividend, and expenses, used in the valuation of insurance contract liabilities for the long-term life insurance contracts. In 2019, it reported claims and policyholders' benefits RMB578.31bn rising by 31.56%, which was 53.14% of total expenses. 

The measurement of the expected credit losses for financial assets measured at amortized cost and FVOCI is an area that requires the use of complex models and significant assumptions about future economic conditions and credit behaviour.

Abnormal increase in investment income

(in RMB million)	2019	2018	Change	Rate
Column No.	1	2	3=1-2	4=3÷2
Gross income	1,273,091.00	1,082,146.00	190,945.00	17.65%
Net earned premiums	748,779.00	677,703.00	71,076.00	10.49%
Investment income	101,747.00	31,974.00	69,773.00	218.22%

Unrealized gains/(losses)

44,091.00

-28,284.00

72,375.00

255.89%

Extract from Unrealized gains/(losses)

Financial assets at fair value through profit or loss	44,127	-27,948	72,075.00	257.89%
Bonds	340	1,677	-      1,337.00	79.73%
Funds	14,597	-12,150	26,747.00	220.14%
Stocks	20,989	-28,688	49,677.00	173.16%
Wealth management investments and other investments	8,201	11,213	-      3,012.00	26.86%

Its gross income increased 17.65% partly because investment income rose by 218.22% or RMB69.77bn. According to disclosure of investment income, its increase mostly came from increase in unrealized gains/(losses) by RMB72.38bn, among which unrealized gains or losses for funds and stocks accounted as Financial assets at fair value through profit or loss (FAFVTPL) contributed most respectively RMB26.75bn and RMB49.68bn, or 220.14% and 173.16%.

THE FAIR VALUE HIERARCHY for FAFVTPL for year both 2019 and 2018 informs that more than 72% of  such category of financial assets are measured using Level 2 and Level 3 hierarchies inputs. 

          THE FAIR VALUE HIERARCHY for FAFVTPL

As at 31 December 2018
(in RMB million)	Row No.	Level 1	Level 2	Level 3	Total	Sum of level 2 and level 3	Ratio
Column No.		1	2	3	4=1+2+3	5=2+3	6=5÷4
Bonds	1	18,343	151,024	–	169,367.00	151,024.00	89.17%
Funds	2	131,861	59,259	6,231.00	197,351.00	65,490.00	33.18%
Stocks	3	79,294	10,346	–	89,640.00	10,346.00	11.54%
Wealth management investments and other investments	4	4	270,321	98,256.00	368,581.00	368,577.00	100.00%
Total	5=1+2+3+4	229,502	490,950	104,487.00	824,939	595,437	72.18%
As at 31 December 2019
Bonds	6	15,484.00	210,748.00	59.00	226,291.00	210,807.00	93.16%
Funds	7	130,725.00	78,965.00	4,375.00	214,065.00	83,340.00	38.93%
Stocks	8	111,289.00	4,313.00		115,602.00	4,313.00	3.73%
Wealth management investments and other investments	9		263,009.00	142,106.00	405,115.00	405,115.00	100.00%
Total	10=6+7+8+9	257,498.00	557,035.00	146,540.00	961,073.00	703,575.00	73.21%

Level 2 and Level 3 are more likely to be subject to manipulation than Level 1.

Most fair values at RMB557.04bn of FAFVTPL are arrived at using Level 2 inputs method in 2019.

As informed by IFRS 13 Fair Value Measurement, Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset, either directly or indirectly and Level 2 inputs include quoted prices for similar assets in active markets, identical or similar assets in markets that are not active, inputs other than quoted prices that are observable for the asset, for example: interest rates and yield curves observable at commonly quoted intervals, implied volatilities; and credit spreads and market‑corroborated inputs. The same also applied to liabilities carried at fair value within IFRS 13 application scope. It's a public secret that the grading and valuation industries mostly with CCP units or cells, of which work is possibly used for Level 2 and Level 3 fair value measurement, are lack of objectivity and independence which compromises due care as well as integrity in PRC. Some foreign grading agencies in PRC may also be ineligible to trust because CCP has BGY scheme, not to mention rating service fees paid by those graded and no rule of law and no free speech in PRC. Qualified rating and valuation agencies usually do some work on financial statements of investee before issuing ratings and valuation reports but financial statements of investee in PRC as well as those of Ping An are subject to manipulation. 

Some fair values of RMB146.54bn are calculated using Level 3 inputs

As established in IFRS 13, Level 3 inputs are unobservable inputs for the asset or liability.   

Unobservable inputs shall reflect the assumptions that market participants would use when pricing the asset or liability, including assumptions about risk. An entity shall develop unobservable inputs using the best information available in the circumstances, which might include the entity’s own data. Using Level 3 inputs relied on management's judgement and therefore more prone to manipulation.

Consolidation scope misjudgement risk  embedded in investments in associates

There're some examples listed below subject to consolidation scope misjudgement risk .

Investee name	Proportion of ordinary shares held
Veolia Water (Yellow River) Investment Co., Ltd	48.76%
Veolia Water (Liuzhou) Investment Co., Ltd	44.78%
Lufax Holding Ltd	40.61%
Ping An Healthcare and Technology Co., Ltd	41.27%
Ping An Medical and Healthcare Management Co., Ltd	38.54%
OneConnect Financial Technology Co., Ltd	36.61%
Shenzhen China Merchants-Ping An Asset Management Co., Ltd	38.81%

An investor determines consolidation scope based on control.  Control exists when investor is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. Though the shareholding ratios in those investees are below 50%, there's absolutely no control just based on shareholding not exceeding 50%. IFRS 10 listed some examples of rights that, either individually or in combination, can give an investor power over investee besides voting power. Circumstances imposed by CCP complicates judgement on whether those rights, either individually or in combination, can give an investor power over investee.

Rights	Circumstances that complicates judgment of power
Rights to appoint, reassign or remove members of an investee’s key management personnel who have the ability to direct the relevant activities	CCP sets units which have substantial rights over key personnel appointment both in Ping An and in its investees.
Rights to appoint or remove another entity that directs the relevant activities	CCP’s absolute control over society
Rights to direct the investee to enter into, or veto any changes to, transactions for the benefit of the investor	CCP sets units in investee, whose members have such rights.
Other rights (such as decision‑making rights specified in a management contract) that give the holder the ability to direct the relevant activities.	CCP often communicates orally, falsifies or deletes or burns documents in the same way it conducted in PRC Consulate to Houston before it got shut down.

Equity accounting manipulation risk

In another article , Lufax Holding Ltd, which was carried in equity method as 40.61% shareholdings ratio associate, was doubted to have manipulated financial performance for the years 2019, 2018 and 2017. Income of equity method investee as well as impairment loss on the investment directly affect investor's unrealized gains or losses. Measurement of impairment loss on investment in associates is also subject to manipulation risk. PAIC reported investments in associates and jointly controlled entities of  around RMB204.14bn as at 31 December 2019 and RMB5.15bn increase in share of profits and losses of associates and jointly controlled entities.

Risk of expected credit loss misstatement

In 2019, PAIC reported in its income statement net impairment losses of RMB65.27bn on financial assets and in balance sheet, loans and advances to customers and financial assets at amortized cost of RMB2.24tn and RMB2.28tn respectively, which were two largest numbers. Net impairment losses on loans and advances to customers were RMB53.29bn, which were the main part of net impairment losses on financial assets but impairment losses on financial assets at amortized cost were only RMB5.11bn or accumulated 0.73% of gross amount.

Extract from Note “13. NET IMPAIRMENT LOSSES ON FINANCIAL ASSETS” of year 2019

(in RMB million)	Net impairment losses	Provision balance	Gross (Including interest receivable)	Ratio of provision
Column No.	1	2	3	4=2÷3
Loans and advances to customers	53,288.00	69,560.00	2,309,956.00	3.01%
Financial assets at amortized cost	5,113.00	16,719.00	2,297,944.00	0.73%

More interestingly, despite increase in gross amount of financial assets at amortized cost by 10.03% and growing macroeconomic depression in PRC, net impairment losses on financial assets at amortized cost contracted 2.5%.

Extract of Financial assets at amortized cost

(in RMB million)	2019	2018	Increase by
Column No.	1	2	3= (1-2) ÷ 2
Gross amount	2,297,944.00	2,088,456.00	10.03%
Net impairment losses	5,113.00	5,244.00	-2.50%

More importantly, subsequent measurement of both loans and advances to customers and financial assets which were carried at amortized cost involved ECL measurement that is subject to manipulation risk.

Misstatement risk development for the half year ended 30 June 2020

Interim Condensed Consolidated Financial Information was given an unmodified review opinion on 27 August 2020 by HKPWC when the Hong Kong National Security Law had further compromised rule of law and free speech, and thereon hampered objectivity and independence of HKPWC further. Before 27 August 2020, US had suspended recognition HK's autonomous status and Hong Kong Autonomy Act commenced and any work of Hong Kong Accountants should be denied of any credit.

 

ECL misstatement risk remained because ratio of provision is in huge disparity

(in RMB million)	Impairment losses	Provision balance	Gross (Including interest receivable)	Ratio of provision
Loans and advances to customers	32,302.00	87,501.00	2,281,584.00	3.84%
Financial assets at amortized cost	5,662.00	21,943.00	2,476,160.00	0.89%

There was an abrupt increase in other comprehensive loss from financial assets carried at fair value with changes through other comprehensive income. It indicated PAIC had made use of this pandemic to absorb or cover-up previously understated loss and significant material impairment loss or fair value misstatement risk imbedded in its all the financial assets it reported.

So it’s wise to divest all the Hong Kong financial instruments such as the junk toxic assets of Ping An, Tencent, HSBC or BOC  and convert all your HKDs into USDs as soon as possible ahead of market turmoil.