XI AND CARNEY MEETING IN FULL （transcript) 習與卡尼會面全紀錄（逐字稿）
CARNEY: “Greetings. So, can we be part of the new world order, please, sir?”
Xi (TO AIDE): “Who is this guy?”
AIDE (TO XI): “He represents Canada. Nice folk but no big deal in human terms. It’s less than half of one per cent of humanity.”
XI (TO AIDE): “So why am I seeing him?”
AIDE: “Canada is America’s good twin brother, lives next door. Canadians don’t cover the world with military bases, don’t sponsor worldwide protests, don’t bomb everyone.”
XI: “Interesting. Mr Carney, any chance you can teach your neighbor to behave?”
CARNEY: “Ha! No way. Those guys are out of control.”
XI: “Oh. So what exactly would you bring to the new world order?”
CARNEY: “Hmm.”
[SILENCE AS HE THINKS.]
[XI AND AIDE LOOK AT EACH OTHER.]
CARNEY: “Well. Have you tried pouring syrup over sausages and bacon? Sounds gross but we like it.”
[XI IS SPEECHLESS.]
AIDE: “Thank you for your application. We’ll get back to you.”
[CARNEY LEAVES.]
XI: “Who do we see next?”
AIDE: “Mr Starmer is coming from UK in a week or so.”
Why some of our offsprings are smarter than others? By Johnson Choi in San Francisco on January 16 2026
為何我們有些子女較他人更為聰明? 作者: 蔡永強, 2026年1月16日
The wisdom passed down from my father and grandfather has stayed with me since childhood: be smart, spread your wings, and venture into the world. Prepare yourself with a college degree and the power of bilingualism in Chinese and English.
That was more than fifty years ago.
Now, after four decades of observing my clients and their families, I see the enduring truth in that advice. Those who heeded it – who educated themselves and dared to leave – have found significantly greater success and happiness than those who stayed confined to their home turf.
Consider the case of Hawaii. I’ve seen many leave only to return hastily, claiming to miss the islands. The truth, however, is that they were unprepared to make their own way. Many remain on what I call their “parents’ lifetime welfare plan.”
It is a profound tragedy when selfish parents clip the wings of their capable children, trapping them close by and stifling the very futures they were meant to build.
There is no future for smart Chinese scientists with high EQ and IQ in America! SCMP: Zheng Yu recently completed her postdoctoral training in bioelectronics in the US but has now joined the Chinese university’s college of chemistry and molecular engineering as an assistant professor. 在美國，情商智商雙高的聰明華人科學家沒有未來! 錢是重要，但你要活著有命享才行呀! 《南華早報》鄭鈺近期在美國完成生物電子學博士後訓練，如今已加入中國大學化學與分子工程學院擔任助理教授.
Video with English subtitles: “A $688 Billion Withdrawal: Why China Is Willing to Take Record Losses to Dump U.S. Treasuries?” 影片有英文字幕: 「6880億美元撤退：為何中國不惜創紀錄虧損，也要拋售美國國債？」
“The weaponization of the dollar in Ukraine was a wake-up call. Now, China’s strategy of ‘de-risking’ is mobilizing ASEAN, BRICS, and the Global South into a concerted dedollarization campaign. The silent verdict is in their vaults—central banks are buying gold, voting with their reserves for a less centralized financial future.” 美元在烏克蘭遭武器化，無異於一記警鐘。如今，中國的「去風險化」戰略正動員東協、金磚國家及全球南方，共同開展一場去美元化行動。無聲的判決藏在各國金庫中──央行正持續購入黃金，以儲備資產投票，迎向一個去中心化的金融未來。
In this in-depth report, we expose a signal that almost no one is paying attention to—yet it may be the most critical indicator of escalating global conflict: China is accelerating its sell-off of U.S. Treasury bonds.
While media headlines fixate on aircraft carriers, military drills, and weapons displays, the real pre-war preparations have long been unfolding quietly in the sovereign debt market—slow, restrained, yet nearly irreversible.
Using the latest U.S. Treasury TIC data, this analysis explains: • Why China has reduced its U.S. Treasury holdings to $688 billion, the lowest level since 2009; • And why this is not a simple portfolio rebalancing, but a strategic decoupling.
We break down: • Why sovereign debt reveals true intentions more clearly than military assets • How China has cumulatively sold over $600 billion in U.S. Treasuries • Why selling at a loss signals preparation, not panic • How sanctions on Russia fundamentally reshaped China’s risk calculations • Why U.S. allies are being forced to absorb China’s exit positions • The rise of the “bag-holder alliance” (the UK, Belgium, Japan) • Why the U.S. Treasury market is becoming a political market rather than an economic one • Why bonds are no longer risk-free assets • How China is converting paper claims into gold, oil, copper, and food • What it really means to shift from financial reserves to physical strategic stockpiles
This is not a market event. This is a geopolitical divorce.
When the world’s second-largest creditor begins to treat your debt as a liability, the system has already started to fracture— it’s just that no one has officially admitted it yet.
Sing Tao TV (California, USA) Current Affairs Observation video with English subtitles: The Puzzle of Middle-Aged and Elderly Mortality in the U.S.? “Deaths of Despair”
Johnson Choi: In light of this, many Chinese who have worked hard their entire lives and retired in the United States have decided to return to China to spend a safe and fulfilling retirement.
美國加州星島電視時事觀察視頻有英文字幕: 霍詠強: 美國中老年死亡率的謎思？「絕望之死」（Deaths of Despair）霍詠強
U.S. vs. Other Developed Countries 1990: U.S. life expectancy (75.4 years) was already slightly lower than Japan’s (78.😎 and close to Germany’s (74.5). 2022: The U.S. (77.5) lags behind Japan (84.7) by 7.2 years and behind Germany (81.2) by 3.7 years. Main reason: The U.S. has shown almost no improvement in reducing preventable deaths (e.g., from car accidents, firearms, drug overdoses, substance abuse).
“Deaths of Despair” This is a phenomenon unique to the United States, primarily referring to deaths caused by drug overdoses, alcohol-related liver disease, and suicide.
Opioid Crisis: The history of drug regulation in the U.S. has led to an extremely severe abuse of opioid painkillers, with annual overdose deaths reaching figures in the hundreds of thousands.
Social Stressors: With the decline of manufacturing and widening wealth inequality, the less-educated working class faces immense psychological pressure, leading to increased addictive behaviors.
Venezuela has never been a major drug-producing country nor a primary source of drugs for the United States. Compared to neighboring countries like Mexico, Colombia, and even Bolivia, Venezuela has made greater efforts and achieved higher success in combating drugs. It merely serves as a transit point for drug traffickers due to its complex coastline. However, Venezuela only accounts for about 8% of the illegal drug sources entering the U.S. Compared to the true major trafficker, Mexico, which accounts for a high of 80%, hasn’t the U.S. targeted the wrong country?
Behind this absurd pretext lies the reality of the devastating drug epidemic. Although the number of U.S. drug-related deaths decreased in 2024, it still exceeded 80,000. In 2023, the figure was as high as 110,037. To put this number into perspective, imagine a fully loaded Boeing 787 crashing every day in the United States, with all 300 passengers on board perishing. Drugs are the leading cause of death for people under 50 in the U.S. More realistically, the decline in drug-related deaths in 2024 is not due to effective drug enforcement or fewer drug users, but rather passive strategies such as expanding the use of substitutes like methadone and promoting “safe use.” Local governments have increased the distribution of naloxone, an emergency medication that reverses opioid overdoses, which has effectively reduced the fatality rate.
In recent years, because 60% of drug-related deaths involved fentanyl at some point, its high lethality has captured all of America’s attention. It seems there is a belief that simply cracking down on fentanyl could save many American lives. However, this ignores the most crucial point: the moment of going astray! American users of fentanyl and cocaine typically start with more easily accessible and cheaper painkillers.
Data based on the Global Burden of Disease Study (GBD 2021, released by IHME)
Why has healthcare security never received genuine attention? The “High Cost and Inequality” of the Healthcare System: The U.S. has the highest per capita healthcare spending in the world, yet the outcomes are poor.
Lack of Universal Primary Care: The U.S. does not have universal health insurance. Many low-income individuals cannot afford regular check-ups. The reality is that even if diseases (like hypertension, cancer) are detected, many cannot afford the treatment costs.
The consequence is that Americans must possess high wealth and high productivity; otherwise, the result of becoming part of the lower class is being excluded from the system.
A Tale of Two Chest Pains: Healthcare Contrasts experienced by my two clients in San Francisco and Zhongshan By Johnson Choi | January 14, 2026 兩種胸痛的故事：我的兩位客戶在舊金山與中山的醫療對比 作者：蔡永強 | 2026年1月14日
The Same Symptom, Two Worlds Apart Chest pain is a universal alarm bell. But the response it triggers depends entirely on where that bell rings. Recently, two of my clients, one in San Francisco, USA, and one in Zhongshan, China, lived out this stark reality.
The Journey in San Francisco: A Test of Patience
· Path to Care: HMO system → Online appointment (standard wait: 1-2 weeks). The ER is the sole alternative for immediate attention. · Timeline: · Day 1: Symptoms appear. · Day 7: Sees primary doctor. EKG is performed; results are unclear. · Week 4: Received a referral to see a heart specialist (3-week wait). · Status: Awaiting diagnosis, living with risk.
The Journey in Zhongshan: A Cascade of Action
· Path to Care: Major public hospital → Online appointment. · Timeline: · Day 1: Symptoms appear. · Day 2: Sees doctor at Zhongshan People’s Hospital. Immediately referred to a cardiologist. · Day 2 (Later): Diagnosis: Two arterial heart clots. Admission for urgent surgery. · Day 3: Undergoes operation. · Status: Problem identified and treated.
The Bottom Line This is more than just a comparison of speed. It’s a contrast in system design and clinical protocol. One system emphasized scheduled gatekeeping, leading to a prolonged period of uncertainty. The other prioritized rapid, specialist-led intervention for a critical symptom. For the patient in Zhongshan, “chest pain” triggered a swift, definitive pathway to treatment. For the patient in San Francisco, it began a marathon of waiting.
Business Blog 