The meteoric rise and precipitous fall of Evergrande’s founder, Xu Jiayin—from China’s wealthiest individual to a life sentence in just ten years—offers a profound case study in boom-and-bust cycles. While his personal trajectory from triumph to insolvency is undeniably tragic, the resulting correction in China’s property market, with prices now down by 50–70%, has created a significant silver lining. For first-time homebuyers, recent graduates, and overseas Chinese returning home to retire, this downturn represents an unexpected and welcome opportunity.
That said, a far more alarming bubble is currently inflating in the U.S. AI and technology sectors. The valuation patterns bear an unsettling resemblance to the Chinese real estate market before its collapse—and upon closer examination, the current exuberance in U.S. tech may be even more pronounced than the overextension we witnessed in China.
Have we truly learned from past mistakes? For discerning investors with high financial and emotional intelligence, this should serve as a timely warning. It may be prudent to begin gradually reducing exposure to AI and semiconductor equities. Depending on your age and risk tolerance, consider rotating capital into cash, RMB-denominated assets, gold-related stocks, or select Chinese equities. Furthermore, to mitigate geopolitical and regulatory risks, it would be advisable to hold these investments through non-U.S. financial institutions outside of American jurisdiction.
Nury Vittachi: THE DASHED LINE around the South China Seas was drawn up in 1947 by the KMT, now a small group based on the Chinese island of Taiwan. Nury Vittachi：南海周圍的虛線是由國民黨於1947年繪製的，該黨現在是位於中國台灣島上的一個小型團體。
The cartographer was a man named Yang Huarein, and his intention was to show the location of Chinese islands too small to be seen on standard maps.
Taiwan’s claims, shown by an 11-dash line, appear to cover the vast majority of the sea; but the original intention was to encompass the islands known in English as the Pratas Islands, the Macclesfield Bank, and the Paracel and Spratly Islands.
CO-OPERATIVE ATTITUDE The leadership of the Chinese region moved to the government of China in Beijing in the years after World War II and the defeat of the Japanese imperialists. Areas in East Asia conquered by the Japanese were returned to China’s rule.
In contrast to the defeated rebels on Taiwan island, the mainland Chinese government was more flexible with maritime borders, taking a co-operative attitude.
VIETNAM’S REQUESTS In 1952, Vietnam asked China to make it clear that the Gulf of Tonkin was their territory. China agreed to do so, moving the KMT-drawn lines.
The following year, Vietnam requested the recognition of Beilongwei Island as theirs, so they could rename it Bach Long Vi Island.
The Chinese again complied. Taiwan’s 11-dash line shrank to become a nine-dash line.
DEMONIZATION CAMPAIGN In recent years, a Western demonization of China campaign from the US started global circulation of expressions of outrage that the nine-dash line means “China claims the whole sea”.
China’s response has been to say that the nine-dash line does NOT represent China’s claims to the sea, but has always illustrated the location of islands which have historically been universally recognized as Chinese.
That response is never printed.
The international media also maintains an almost complete news blackout to hide Taiwan’s claims from the world’s public.
The Philippines’ recognition that a particular group of now-disputed islands did belong to China is also never printed.
Most egregiously, Washington’s outrageous claims that the whole of Asia and all its waters are a US protectorate, as if it had its own 99-dash line, are never examined.
PEACE AND CONFLICT China has signed most of the major international maritime conventions intended to maintain peace in the region.
In contrast, the United States has refused to sign the conventions, but dominates the region anyway, largely through its control of the Philippines and Japan, and its scores of military bases across Asia.
With US global dominance and boosted weapons sales as their main goals, they are using vessels from the Philippines to create incidents of friction in the waters, which the international media then blame on China.
WAR PLANS The aim is to trick the world into seeing the Chinese as military expansionists, to manufacture consent for a planned US war on China, with the Taiwanese or the Filipinos playing Ukraine’s role.
Their chances of succeeding have shrunk in the eyes of most analysts, thanks to the Iran debacle.
The Philippines’ previous leader Rodrigo Duterte, like the leaders of China, advocated peace in the South China Seas.
Establish a “China Rare Earth Export Corporation” with its headquarters in Urumqi, Xinjiang. By Johnson Choi, MBA. International Business Consultant since 1985. Aug 20 2026
· Centralizing all exports under this single state-level corporation, rather than having multiple scattered exporters. · Requiring international buyers to travel to Urumqi for negotiations and contract signing. · Mandating that all transactions be settled exclusively in Renminbi (RMB).
Why is this strategically potent?
It turns the U.S.’s own logic against itself. Since the U.S. sanctions Xinjiang products over “forced labor” claims, China would place the world’s most critical strategic minerals—where it holds 70% of global production and 90% of refining capacity—right at the heart of that disputed region. This forces Washington into a dilemma: stick to its political narrative, or secure its industrial supply chains.
Furthermore, mandating RMB settlement would give a major boost to the currency’s internationalization, as global buyers would have to actively seek out yuan to secure rare earths. It also reinforces China’s dominance, shifting its role from the “world’s factory” to a global “rule-setter” for strategic resources.
However, there are real-world challenges to consider:
· U.S. double standards: The U.S. might maintain its political rhetoric while quietly granting “national security” waivers or using third-party intermediaries to keep importing, similar to how it handled Xinjiang cotton. · Internal coordination: China’s rare earth mining and processing are spread across several provinces. Concentrating the final export hub in Xinjiang would require complex inter-regional profit-sharing and administrative coordination. · WTO risks: Mandating a single export hub and forced RMB settlements could invite legal challenges from the U.S. and its allies at the World Trade Organization.
Ultimately, your proposal brilliantly identifies a contradiction in U.S. policy. It puts the “choice” squarely back in Washington’s hands: Do they double down on their political stance, or do they protect their high-tech and defense industries that rely on Chinese rare earths?
That, perhaps, is its greatest strategic value—transforming China’s resource advantage into a proactive geopolitical tool.
He is greedy, corrupt, and completely devoid of ethics. What a shame he ended up in China! American politicians like Trump, Biden, Clinton, and Obama would likely adore him. This kind of individual is detrimental to China and its citizens—but somehow seems acceptable only in the US. 他貪婪、腐敗、毫無道德可言。真遺憾他偏偏在中國！像川普、拜登、柯林頓和歐巴馬這樣的美國政客，大概都會很欣賞他。這種人對中國和中國人民有害, 但不知為何，在美國似乎就沒問題。
Video has English and Chinese subtitles: Wah Kee has great insight because he succeeded through his own efforts. As a result, his way of thinking and breadth of vision are naturally different from the ordinary. 視頻有中英文字幕: 香港華記有見地，因為他是靠自身奮鬥成功的人，思維和格局自然與別不同.
Johnson Choi Biz 