Video: National Security File Decryption” Episode 2: The “Sheep Village Picture Book Case” exposes how individuals with ulterior motives infiltrated alternative thinking into children’s picture books. 視頻有中英文字幕: 《國安檔案解密》第二集「羊村繪本案」，揭穿別有用心的人如何在幼兒繪本滲入其他思想.
China’s Long March-10B has successfully completed its maiden flight—and recovered its first stage via a sea-based net. This marks the country’s first-ever controlled rocket recovery. A major leap toward reusable launch capabilities. 🚀🌊🇨🇳
A group of friends had a heated argument over Trump’s words and actions over tea and dinner. Some pointed out that news reports mentioned that within just over a year of his presidency, the Trump family’s investment returns had increased by several billion, making the extent of corruption appalling. However, others retorted with Trump’s own defense—that he has benefited many people, and since he doesn’t manage his personal assets himself, what’s the harm?
The claim that he has benefited many people is a bit of an exaggeration. How can those without resources to invest possibly benefit? Moreover, does the fact that others benefit justify corruption? What kind of logic is that? As for whether he handles his investments personally, that is not the core issue. The key question is whether he has used his special status and privileged knowledge to seek personal gain.
There is a highly significant case in the UK from many years ago: a trustee, with the beneficiary’s consent, developed a business that the beneficiary did not want to be involved in and made millions in profit. Later, the beneficiary’s descendants sued and recovered the full amount. This case highlights an important common law principle: if your profit stems from your special status and privileged knowledge, you have committed the unlawful act of private profiteering. Note that this is a civil violation; whether it constitutes a criminal offense of corruption depends on whether the conduct violates the standards set out in the criminal statutes.
Trump’s promotion of various digital currency (cryptocurrency) platforms and coins under his own name in new ventures is the most classic example of profiting in the name of the presidency. The principle against using one’s position for private gain is designed to prevent those in power from embarking on the path of corruption. Under this principle, everyone else may benefit, but those in high office cannot profit from it. In other words, his family’s windfall profits should belong to all Americans, not to his personal family.
Profiteering from one’s position is a form of corruption; it is dishonest thinking and a corrupt mindset. Even if it does not constitute criminal corruption, it is still a kind of ideological corruption and a manifestation of moral deficiency. From the perspective of a politician, this is also the most repulsive and shameful aspect.
Video: Has the gold market turned upside down? Hong Kong has officially made its move, and for the first time, paper gold is being forced to settle its accounts under the pressure of physical delivery. 視頻有中英文字幕: 黄金市场变天了? 香港正式出手, 纸黄金第一次被实物交割逼着交账. 「你還記得伊隆·馬斯克曾批評實體黃金儲備的準確性被嚴重誇大嗎？在他參觀了紐約的黃金金庫後，他便保持沉默，並且很快就辭去了職務！」 現在沒有國家信任美國, 實體黃金從此以後不再存在美國. 香港將會摧毀倫敦和紐約金銀交易中心的龐氏騙局遊戲！香港成為最大的得益者! 東升西降已經是定局!
🇨🇳🐉Global submarine construction has reached levels unseen since the 1980s, and China🇨🇳 is driving the surge. 🇨🇳🐉全球潛艇建造規模已達到自1980年代以來前所未見的水準，而中國🇨🇳正是這波浪潮的主要推手。
Over the past five years, China🇨🇳 has launched roughly 24 submarines, more than double Russia’s output and over three times that of the United States while introducing seven entirely new submarine classes in the same period.🇨🇳 Beijing has expanded nuclear submarine production beyond its traditional Huludao shipyard to two additional facilities along the Yangtze River, positioning China🇨🇳 to potentially launch six nuclear submarines annually, about triple the current US pace. China🇨🇳 is also pioneering extra-large uncrewed underwater vehicles and nuclear-air-independent propulsion technology that no other nation has matched at scale. With submarine exports growing too, including new boats for 🇵🇰Pakistan, this buildup signals a fundamental shift in the global undersea balance of power that Western navies are only beginning to reckon with.
Rather, it is because it documents how one man, through courage, foresight, and sound judgment, stayed ahead of his time and laid the groundwork for everything that followed.
During the 43 days of the Chongqing negotiations, Mao Zedong made frequent public appearances, met with democratic figures, gave interviews, and spoke about peace, nation-building, and the country’s future. He did not rush to expose his opponent because he believed the other side would eventually reveal its own intentions. And once the other side fired the first shot, all of those photographs, interviews, and public gestures would become powerful evidence.
As events unfolded, civil war did indeed break out, with Chiang Kai-shek launching the offensive first. However, the nationwide reaction was not the “natural and inevitable” outcome he had expected. Instead, many people came to believe that the Chinese Communist Party had not rejected peace, but had been left with no other choice.
Video: JL-3 Test Launch! Japan Panics, America Goes Silent — The Truth Behind Two Very Different Fears 影片有中英文字幕: JL-3試射成功！日本慌亂，美國沉默——兩種截然不同的恐懼背後真相. 中國高超音速導彈可達關𡷊，夏威夷和舊金山!
On July 6th, a Chinese strategic nuclear submarine successfully launched a JL-3 missile from the Bohai Sea, with the warhead traveling across half the globe to reach the South Pacific — a full-range intercontinental strike validation that has quietly changed everything.
This was no ordinary military exercise.
The Bohai Sea averages less than 20 meters in depth. Conducting a full-range strategic missile test in what is essentially a shallow inland sea represents an extraordinary technical achievement. More importantly, it means China’s nuclear submarines no longer need to break through the First Island Chain — strategic nuclear deterrence can now be achieved right at China’s doorstep.
Japan’s Cabinet, Foreign Ministry, Defense Ministry, and Land Ministry all spoke out together, demanding China cancel the launch. The missile flew anyway. The United States said nothing — but the Pentagon’s assessment had already quietly begun.
Same missile. Japan erupted. America went silent. Why the difference? Behind these two completely opposite reactions lies what this test launch has truly changed.
As mentioned last time, two European scholars wrote an article arguing that SpaceX, much like the East India Company that lasted nearly 300 years, acts as a sovereign state under the guise of a corporation. The article points out that between 1570 and 1860, during the heyday of imperialism, European states expanded into the underdeveloped “East Indies” through chartered companies, reaching territories that include present-day India, Pakistan, Bangladesh, and Hong Kong. These “companies” exploited monopolies and legal loopholes to craft rules in their own favor, and exercised functions akin to sovereign powers—including maintaining armies, waging wars, and signing treaties. It was not until 1858, after a succession of famines, fiscal crises, and violent uprisings, that Britain was able to rein in the East India Company.
Today, SpaceX’s development is displaying a similar trend. SpaceX has developed reusable rockets that drastically reduce costs and established Starlink; now even NASA relies on SpaceX and Blue Origin to drive its plans. Although the UN Outer Space Treaty was signed in 1967 by over 100 countries, led by the United States, it was drafted in an era when space activities were exclusively government-run, so its provisions target states—explicitly stating that no state may claim sovereign monopoly over outer space. In other words, it does not apply to private companies, and the UN has no enforcement powers.
Far from closing this loophole, the United States enacted the Commercial Space Launch Competitiveness Act (CSLCA) in 2015 and introduced the Artemis Accords in 2020, which assert that the extraction of space resources does not constitute “appropriation.” This has effectively paved the way for SpaceX to dominate vast amounts of low‑Earth orbit and radio spectrum resources—actions strikingly similar to those of the East India Company when it seized resources in underdeveloped countries. Back then, Britain granted a charter to the East India Company to prevent the Dutch from monopolising the spice trade; today, the United States is empowering SpaceX in every way precisely to secure a strategic space advantage over China. Yet it is worth noting that the US relies on Elon Musk, who does not obediently follow orders—for instance, after falling out with Trump, he threatened to cut off US government access to the International Space Station.
The lesson from the history of chartered companies is that once these enterprises become too powerful and deeply entrenched, it may be too late for governments to reclaim control even if they wish to. SpaceX’s current trajectory rightly raises such concerns, but I believe China will never allow any private company to monopolise market share or seize resources without regulation.
SpaceX is more than just a company (Written by Regina Ip, originally published in Ming Pao)
Johnson Choi Biz 