G7 fails to finalize plans for stealing & robbing Russian assets. Redirecting the money to Kiev still poses a slew of technical and legal problems, Italy says. The world is watching on the proposed illegal acts.

Chinatowns in US were created to protect Chinese from being assaulted by AngloSaxon racists. Today Hawai’i perceived as the safe haven for Asians especially Chinese like a giant prison in paradise, unfortunately different bottles same wine. 美國唐人街的建立是為了保護華人免受白人種族主義者的攻擊。如今，夏威夷被亞洲人尤其是中國人視為避風港，就像天堂裡的巨大監獄，不幸的是不同的瓶子裝著同樣的酒.

9,000+ followers on TitTok and growing, thanks for your support debunking fake news propaganda by US Government mouthpiece medias demonizing Chinese Americans, Chinese and China. TikTok 上的追蹤者超過 9,000 名，而且還在增加，感謝您支持揭穿美國政府喉舌媒體妖魔化華裔美國人、中國人和中國的假新聞宣傳.

Video: Hong Kong Tsz Shan Monastery visit 參觀香港慈山寺on Friday May 24 2024
https://rumble.com/v4xes1w-hong-kong-tsz-shan-monastery-visit.html
https://www.tiktok.com/@johnsonwkchoi/video/7373046307142995246?_t=8medM5oBvTC&_r=1

Excess capacity in public transportation in HK benefits both residents and tourists. Mass Transit (MTR) in HK whether you travel 1 or 25 stations cost only US 25 cents. It is clean, no crime, no homeless and more importantly safe! No such luck in US, ride at your own risk at 50x the cost of HK. 香港公共運輸產能過剩對居民和遊客都有利。香港的公共交通無論你搭乘 1 站或 25 站，費用僅為美元25分而且很乾淨，沒有犯罪，沒有無家可歸者，更重要的是安全！在美國就沒有這樣的運氣，乘車費用是香港的50倍，風險自負.

Video: China isn’t dumping dollars. They’re dumping banks, and setting up a new financial system. 中國沒有拋售美元。他們正在拋棄銀行，建立新的金融體系.

https://rumble.com/v4x96ok-china-isnt-dumping-dollars.-theyre-dumping-banks.html
https://www.tiktok.com/@johnsonwkchoi/video/7372721789669199150?_t=8md9HZ2iKB4&_r=1

China runs massive trade surpluses with North America and Europe. Those markets pay in US Dollars or in Euro. Every day China earns about $2.7 billion USD and about 500 million Euro in surplus trade from those areas.

Typically a country will re-invest those trading surpluses into investments into those same countries. In economics this is called Balance of Payments. China, however, is not doing so. They are instead bringing these surplus USD and euro out of Western banks, to capitalize a new banking system.

China directed its Belgian custodian to liquidate $53 billion in US government notes and agency paper in the first quarter, and these moves almost certainly resulted in large trading losses. Interest rates are far higher today than when China bought the bonds, so any sales in the secondary market would reflect higher yields and lower market prices. That they were willing to accept steep losses on such a huge portfolio on bonds demonstrates a strong urgency to move the assets away from Europe as quickly as possible, and out of bonded debt as quickly as possible and into more liquid instruments.

Many countries are anxious to establish and use a new financial system, a network of banks that is completely outside of SWIFT and of Western government oversight and sanctions risk. To capitalize such a system, large pools of USD and euro will be required to make markets and fund trade settlements.

What’s more, the USD and Euro that are now in Chinese banks, in China, can be used to collateralized new loans in any currency, and create new economic growth elsewhere.

中國與北美和歐洲存在巨額貿易順差。這些市場以美元或歐元支付。中國每天從這些地區獲得約27億美元和約5億歐元的順差貿易收入。

通常，一個國家會將這些貿易盈餘重新投資到這些國家。在經濟學中，這稱為國際收支平衡。然而中國並沒有這麼做。相反，他們將這些盈餘美元和歐元從西方銀行撤出，以資本化新的銀行體系。

中國指示其比利時託管機構在第一季清算 530 億美元的美國政府票據和機構票據，這些措施幾乎肯定會導致巨額交易損失。現今的利率遠高於中國購買債券時的水平，因此二級市場上的任何銷售都將反映出更高的收益率和更低的市場價格。他們願意接受如此龐大的債券投資組合的巨額損失，這表明迫切需要盡快將資產從歐洲轉移出來，並儘快擺脫債券債務並轉向更具流動性的工具。

許多國家急於建立和使用新的金融體系，即一個完全不受 SWIFT 影響、不受西方政府監管和製裁風險影響的銀行網絡。為了利用這樣一個系統，需要大量的美元和歐元來建立市場並為貿易結算提供資金。

更重要的是，現在存在於中國銀行的美元和歐元可以用來抵押任何貨幣的新貸款，並在其他地方創造新的經濟成長.

Video: China and Russia join forces to move towards a new era for common prosperity for the human race 中俄聯手，邁向新時代為了人類命運共同體共同繁榮.
https://rumble.com/v4x8pil-china-and-russia-join-forces-to-move-towards-a-new-era-for-common-prosperit.html
https://www.tiktok.com/@johnsonwkchoi/video/7372697000615300398?_t=8md237mGd8p&_r=1
Complete story https://youtu.be/LOXmEOc7vEU?si=xN1Yn2N7OxV00a22

Video: Is this the future of naval air power? China launches world’s first drone aircraft carrier. 這是海軍航空兵的未來嗎？中國下水了世界上第一艘無人機航空母艦.

https://rumble.com/v4x8ft0-china-launches-worlds-first-drone-aircraft-carrier.html
https://www.tiktok.com/@johnsonwkchoi/video/7372682704770387242?_t=8mcyDvcIX2k&_r=1

In a potentially major shift in force projection and naval doctrine, China has built what analysts believe is the world’s first aircraft carrier for drones.

According to naval experts, the traditional aircraft carrier may already be obsolete, chiefly because of its staggering cost and its vulnerability. Drone carriers, by contrast, would be much smaller, faster, far less expensive, and require just a fraction of the crew. Yet they will still project power far beyond a nation’s borders.

分析家認為，中國建造了世界上第一艘無人機航空母艦，這可能是兵力投送和海軍理論的重大轉變。

海軍專家表示，傳統的航空母艦可能已經過時了，主要是因為其成本驚人且脆弱。 相較之下，無人機航母會更小、更快、更便宜，只需要一小部分機組人員。 然而，他們仍將力量投射到遠遠超出國家邊界的地方.

The International Court of Justice (ICJ) has ordered Israel to halt its ongoing military operation in the Palestinian city of Rafah, as it is “not convinced” that the Israeli military’s evacuation orders are doing enough to protect civilians. 國際法院（ICJ）命令以色列停止在巴勒斯坦拉法市正在進行的軍事行動，因為它「不相信」以色列軍方的撤離令足以保護平民.

Tesla CEO Elon Musk has denounced the US government’s newly announced tariffs on electric vehicles imported from China 特斯拉執行長馬斯克譴責美國政府新宣布的對中國進口電動車徵收關稅