Business Blog

On April 11, China’s MFA Spokesperson Mao Ning reiterated China’s position on Ren’ai Jiao (reef). She said: Ren’ai Jiao is part of China’s Nansha Qundao and China has indisputable sovereignty over Nansha Qundao including Ren’ai Jiao and the adjacent waters. 4月11日，中國外交部發言人毛寧重申了中方在仁愛礁議題上的立場。她表示，仁愛礁是中國南沙群島的一部分，中國對包括仁愛礁及其附近海域在內的南沙群島擁有無可爭辯的主權.

China is committed to managing the situation at Ren’ai Jiao with the Philippines through dialogue and consultation. The reasons behind the current situation at Ren’ai Jiao are very clear:

First, the Philippines went back on its words and refuses to tow away the warship illegally grounded at Ren’ai Jiao;

Second, the Philippines denies the existence of the gentleman’s agreement reached with China under the Duterte administration and has repeatedly infringed on China’s sovereignty in those waters and made provocations;

Third, the Philippines has abandoned the current administration’s understanding with China on the Ren’ai Jiao issue, sent construction materials to the grounded warship for large-scale repair and reinforcement in an attempt to permanently occupy Ren’ai Jiao.

If the Philippines truly wants to ease tensions at Ren’ai Jiao through dialogue and communication, it needs to honor the commitments and understandings and stop provocations. On how to deal with the current situation at Ren’ai Jiao, China’s position is clear-cut.

First, by keeping its warship grounded at Ren’ai Jiao for decades running, the Philippines has been violating China’s sovereignty and the Declaration on the Conduct of Parties in the South China Sea (DOC), especially Article 5 which says refraining from action of inhabiting on the presently uninhabited islands and reefs. We demand that the Philippines tow away the warship at once and restore Ren’ai Jiao’s state of hosting zero personnel and facilities.

Second, before the warship is towed away, if the Philippines needs to send living necessities, out of humanitarianism, China is willing to allow it if the Philippines informs China in advance and after on-site verification is conducted. China will monitor the whole process.

Third, if the Philippines sends large amount of construction materials to the warship and attempts to build fixed facilities and permanent outpost, China will not accept it and will resolutely stop it in accordance with law and regulations to uphold China’s sovereignty and the sanctity of the DOC.

Love those China collapse theory, it just make China stronger! China’s foreign trade expands at fastest pace in six quarters to hit 10 trillion in Q1, reflecting robust momentum. 喜歡那些中國崩潰論，它只會讓中國變得更強大！ 一季中國外貿進出口額突破10兆，創六個季度以來最快成長速度，勢頭強勁.

Love those China collapse theory, it just make China stronger! China’s foreign trade expands at fastest pace in six quarters to hit 10 trillion in Q1, reflecting robust momentum. 喜歡那些中國崩潰論，它只會讓中國變得更強大！ 一季中國外貿進出口額突破10兆，創六個季度以來最快成長速度，勢頭強勁.

Taiwan ASEAN expert video: The most tragic massacre in the 1960s of the 20th century, Chinese people were regarded as Oriental Jews, the truth about Indonesian anti-Chinese massacre? The evolution of China’s relations with Southeast Asia? With China’s rise, strong economic & trade relations, Southeast Asian countries will no longer and dare not repeat the Chinese massacre. 二十世紀1960年代最慘烈的屠殺，中國人被視為東方猶太人，印尼排華的真相？中國大陸掘起與東南亞關係的演變? 中國強大和經貿關係，東南亞國家再不會也不敢再排華.
https://rumble.com/v4p5jir-the-most-tragic-massacre-in-the-1960s-of-the-20th-century.html
https://www.tiktok.com/t/ZPRTc3gME/

US Airlines object opening more air routes between US & China because US air carriers choose not to fly over Russia to increase distance & fuel cost when Chinese air carriers are smart not making such a silly choice!

Taiwan Asia experts video: Japan PM speech at US Congress was such shoes licking as_ kissing speech showing that Japan no longer a proud nation since becoming US vassal after WWII 台灣亞洲專家影片：日本首相在美國國會演講真是舔鞋演講，顯示日本在二戰後成為美國附庸後不再是一個驕傲的國家
https://www.youtube.com/live/IfYOivn2Tik?si=3drplx8apas7zjwM

Two US foreign agents engaged in subversive activities against China, one is in jail, the other one could be in jail soon. 兩名美國外國特工從事反華顛覆活動，一名已入獄，另一名可能即將入獄.

US has ‘no viable plan’ for Ukraine, Zelensky has a math problem, J.D. Vance of Ohio has written in a New York Times.

Kiev cannot win against Moscow because it has run out of men and needs more weapons and ammunition than Washington could possibly provide, US Senator J.D. Vance said on Friday.

Earlier this week, Senate Majority Leader Chuck Schumer argued that “the biggest reason Ukraine is losing the war is because the hard-right in the Congress has paralyzed the US from acting.” The New York Democrat claimed that a small group of Republicans have been holding up a vital $60 billion aid package for Kiev.

In an op-ed published by the New York Times, Vance addressed Schumer’s claim and accused President Joe Biden of having “failed to articulate even basic facts” about what Ukraine needs and the reality on the ground.

“The Biden administration has no viable plan for the Ukrainians to win this war,” Vance argued.

“Ukraine’s challenge is not the GOP; it’s math,” the Ohio Republican wrote. “Ukraine needs more soldiers than it can field, even with draconian conscription policies. And it needs more matériel than the United States can provide.”

Not only is $60 billion a fraction of what Ukraine would need to turn the tide, Americans “lack the capacity to manufacture the amount of weapons Ukraine needs us to supply to win the war,” Vance argued.

He pointed to the fact that the US can make 360,000 shells for 155mm artillery per year, “less than a tenth of what Ukraine says it needs,” and that’s after doubling prewar production capacity.

Vance also took aim at the White House’s messaging that funding Kiev is good for US military industry.

“The notion that we should prolong a bloody and gruesome war because it’s been good for American business is grotesque. We can and should rebuild our industrial base without shipping its products to a foreign conflict,” he wrote.

The US insistence on not negotiating with Russia is “absurd” and Ukrainian President Vladimir Zelensky’s goal of restoring Ukraine’s 1991 borders is “fantastical,” Vance added. He urged Kiev to dig in and hold until some kind of peace can be brokered by Washington.

Earlier this week, however, Zelensky said Ukraine was planning yet another counteroffensive – after the costly failure of last summer’s operation – but needed even more weapons and ammunition from the West.

China’s Ministry of State Security reveals cases on leaking counter-espionage info by China based US companies: Attorney, Consultant, Major CPA firms, Trade Representatives, Bankers etc, they turn over sensitive confidential information to CIA similar to HSBC did to Huawei let to the arrest of Subrina Meng. 中國國家安全部披露了中國境內美國公司洩露秘密資訊的案例：律師、顧問、大型註冊會計師事務所、貿易代表、銀行家等，他們將敏感機密資訊交給美國中央情報局，就像匯豐銀行把華為機密洩漏給美國政府.

China is gradually becoming more efficient and speedier in reviewing its world-leading annual patent applications, in line with broader efforts to spearhead tech innovation amid a heightened global tech race.

The China National Intellectual Property Administration (CNIPA), the country’s top IP regulator, intends to shorten the review period for patent applications made this year to 15.5 months, down from 16 months in 2023 and 16.5 months in 2022, according to its annual work guidelines released on Wednesday.