Fellow University of Hawaii Hotel School alumni — what a treat to celebrate with fellow ex-Vancouverites who are about to settle into Zhongshan, right in the Greater Bay Area (GBA) of southern China, not far from Hong Kong.
While Zhongshan is known for its incredible value and amazing Chinese cuisine, tonight we decided to switch it up with a fantastic Italian dinner in downtown Zhongshan — and it did not disappoint!
And the celebration continues: I’ll be joining them May 20–22 for even more great food and good times in Zhongshan.
Love it. Live it. There’s no better place on earth than China. 🇨🇳
Foreign credentials, foreign college degrees, and most foreign work experiences no longer give job seekers an edge in China, as most are inferior and cannot live up to China’s high standards. 外國證書、外國大學學位以及大多數外國工作經驗，對中國的求職者來說已不再具有優勢，因為這些資歷大多較為遜色，無法達到中國的高標準!
For the first time ever, China’s Ministry of Commerce (MOFCOM) has invoked its “blocking statute,” prohibiting all domestic entities from recognizing, enforcing, or complying with US sanctions imposed on 5 Chinese petrochemical companies for their alleged involvement in the Iranian oil trade. 中國商務部首次援引其「阻斷法」，禁止所有國內實體承認、執行或遵守美國對五家中國石化公司因涉嫌參與伊朗石油貿易而實施的制裁。
￭ The “blocking statute,” a legal mechanism designed to neutralise the extraterritorial reach of foreign laws, was passed in 2021 but never invoked until now.
￭ China’s MOFCOM said the US sanctions violate “international law and the basic norms of international relations,” and that the decision to invoke the “blocking statute” was made after conducting a comprehensive assessment and confirming that the US sanctions constitute improper extraterritorial application.
Video: Why does the world need China? San Francisco Mayor Daniel Lurie, after taking office in January, went nowhere else but chose Shanghai as his first visit! Chou Hsi-wei witnessed with his own eyes: foreign businessmen flocking to China in droves, with American merchants exclaiming, “Great!” 影片有中英文字幕：世界為什麼需要中國？舊金山市長Daniel Lurie一月上任什麼地方也不去，首訪上海！台灣前省長周錫瑋親眼目睹：外國商人「過江之鯽」湧向大陸，美商大喊 Great! 怪不得海外華僑在中國買性價比高的2nd home 或在中國大灣區退休! So Smart! https://rumble.com/v79eu1k-why-does-the-world-need-china.html https://www.tiktok.com/t/ZP8pRENpt/
Don’t bet against HK! You will lose badly! Shan Weijian video: This year, 500 companies are queuing up to list in Hong Kong. 影片有中英文字幕：香港背靠祖國是個福地！不要和香港或中國對賭，你會輸得好慘! 單偉建：今年有500間企業排隊要在香港上市，去年香港是全球IPO#1, 今年保證再次是#1！
Last year, Hong Kong was #1 globally in IPOs, and this year it is guaranteed to be #1 again! A significant appreciation of the renminbi could reduce trade frictions | Hong Kong Economic Journal | Now TV | The Weijian Shan Interview | PAG | China-US Competition | Trade War | Renminbi | Exports | Consumption | Domestic Demand人幣大幅升值 可減貿易摩擦｜信報｜Now TV｜一語千金｜單偉建｜太盟投資｜中美競爭｜貿易戰｜人民幣｜出口｜消費｜內需
世界分裂，大國競爭激烈，熟悉中、美兩國國情的太盟投資集團（PAG）董事長單偉建接受《信報》與 Now TV 聯乘的《一語千金》節目專訪指出，當前中國要解決「內需不足」、「內捲」、「貿易順差」等問題，除了等待房價回穩外，還可透過升值被嚴重低估的人民幣消弭貿易摩擦，把經濟由出口導向轉以內需主導。
Amid a divided world and intense competition between major powers, Weijian Shan, Chairman of PAG, a group well-versed in the dynamics of both China and the US, pointed out in an exclusive interview with the joint production of Hong Kong Economic Journal and Now TV’s program “The Weijian Shan Interview” that to address China’s current issues such as “insufficient domestic demand,” “involution,” and “trade surplus,” aside from waiting for housing prices to stabilize, the country could also appreciate the significantly undervalued renminbi to mitigate trade frictions, shifting the economy from an export-oriented model to one driven by domestic demand.
Dr. Shen video with English subtitles: The selection of qualified luxury homes in China Greater Bay Area requires experience real estates agent and reputable company like V+ 豪宅老闆是先看產品後才看價錢，就像我一些買名牌手袋Hermes 的客人，花七萬美元買限量版手袋再要買最少三十萬Hermes 的其他產品才可以《有機會》成功買到那個限量版手袋. 合作夥伴 – 沈永年博士視訊有中英文字幕：眞正豪宅越來越少! 見底價未？香港老闆對豪宅要求？灣區豪宅中伏位｜物業管理定生死｜|私隱保安最重要
Nury Vittachi: BREAKING NEWS: CHINA’S LEADERSHIP THIS WEEKEND said “no” to a global order issued by U.S. President Donald Trump—and today analysts worldwide are holding their breath to see if the mercurial leader will back down.
The Trump administration last week again ordered the world, including specific firms in China, to stop trading with Iranians—the latest in a long series of similar instructions issued since early 2025.
But China said on Saturday that it will not comply—and ordered five named major Chinese oil traders to carry on, ignoring Washington’s threats.
TECHNICALLY ILLEGAL
America’s global orders are technically cases of illegal transnational economic coercion.
But the US’s huge economic and military power has meant countries normally obey, in fear of US secondary sanctions.
Not this time.
A defiant statement from China’s commerce ministry pointed out the obvious, which is that the US measures unlawfully restrict normal trade with third countries.
“The Chinese government has consistently opposed unilateral sanctions that lack authorization from the United Nations and a basis in international law,” the department said on Saturday.
The Chinese also said the US action “breaches international norms”—a reference to US long-held defiance of World Trade Organization rules.
PLAYING HARDBALL
To protect its firms, China also used the law. It deployed a blocking measure it had introduced in 2021 to shield Chinese companies from the unfair transnational techniques favored by the United States.
It issued an order banning recognition, enforcement, and compliance with US sanctions aimed at the Hengli Petrochemical (Dalian) Refinery Co and four other firms in the same trade.
That means the Chinese firms, and the banks and other organizations which deal with them, have to stand together.
What will happen next?
Trump could issue additional repressive secondary sanctions on the Chinese banks and others: this would be a major escalation in the US assault on world’s free trade.
Or the unpredictable US leader could fail to move ahead, and then just shift to something else—such as relaunching the US attack on Iran.
YOU CAN SAY NO
Either way, China’s pushback is significant. The world normally obeys American extraterritorial orders out of fear of secondary sanctions.
But China has shown that you can say no.
The friction comes just weeks before Chinese leader Xi Jinping is due to have a summit with US President Donald Trump.
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Carmen and I have committed to joining a mini-bus tour with friends. I thought you had left APAPA, so I was surprised to learn you’re back.
To be honest, I have been working with U.S. politics at the federal, state, and city levels since 1983, when Ronald Reagan was president. Over the course of 43 years, I have learned that U.S. politics is largely a money game and a beauty contest. Asians have virtually no chance to influence U.S. politics, let alone effect meaningful change for our community beyond the local level. Those who are wealthy and engage in U.S. politics may attract attention and gain recognition and fame, but little else.
Carmen and I prefer to use our influence for the betterment of Chinese Americans—specifically, not the wealthy ones or corrupt Chinese government officials and businessmen who call America home sweet home. I am referring to grassroots Chinese Americans who wish to leave this “hell hole” called America and return to their roots for retirement in China’s Greater Bay Area. When their monthly U.S. pension is $3,000, that amount means poverty in America, but it enables a fruitful and happy life in China—equivalent to a $15,000 monthly spending power.
Our generation of Chinese Americans who are smart enough to recognize this are among the happiest. They have chosen to “delete America” and are enjoying life to the fullest. I have dozens of clients who are doing exactly that. Every time I meet them in China, some thank me with tears in their eyes.
In my 53 years in the U.S., I have never seen so many young ABCs (American-born Chinese)—most with high EQ and IQ—giving up their U.S. citizenship. The world has changed. I have told my son and his three sons (my grandsons, ages 3 to 6) that when they grow up, America will be ten times worse than it is today. For those of us aged 50 and above, we are living on the last breath of America. For my grandsons, if they stay in the U.S., they are finished—no ifs, ands, or buts about it. If they don’t listen, their own foolishness will be their undoing, and I won’t even feel sorry for them.
The rule of the wild remains: only the fittest and smartest survive. This rule will never change, no matter how much time passes.
Johnson Choi Biz 