Chinese scientist returning home to China – never too old or too young

Never too old to help your motherland, his actions is much louder than words! World-renowned Chinese mathematician Yau Shing-Tung has announced his retirement from his position at Harvard University to teach full-time at Tsinghua University in Beijing, aiming to help China become a maths powerhouse within a decade.

Political popularism kills a nation or an economy just like in US & Taiwan

Political popularism kills a nation or an economy just like in US & Taiwan. 政治民粹主義摧毀了一個國家或者一個經濟體就像在美國和台灣一樣.

Political popularism is not democracy. US is not a democracy but a religious cult. It brainwashed people deliver nothing tangible but empty promises year after year. 民粹主義不是民主。 美國不是民主國家,而是邪教主導, 它向人們年復一年地做洗腦式空洞的承諾.

American Democracy Popularism money Gods are 1% elites, Fortune 500 companies and military industrial complex. 控制美民粹民主的財神是1%的美國精英、財富500強企業和軍工綜合體.

Most of the US elected officials starting from the US President are merely their puppets. 從美國總統開始的大部分美國民選官員大多數是他們的傀儡.

Video: US made chips is a waste of time! US Manpower shortage in chips manufacturing

Video: US made chips is a waste of time! US Manpower shortage in chips manufacturing 美自製晶片”恐白忙一場”? 張忠謀:人力短缺 浪費且徒勞無功
https://rumble.com/v11uuso-us-made-chips-is-a-waste-of-time-us-manpower-shortage-in-chips-manufacturin.html
https://www.facebook.com/100036400039778/posts/696177544938907/?d=n

Video: Taiwan retired diplomat – US wants to boycott Russia at G20 meeting, only 6 did

Video: Taiwan retired diplomat – US wants to boycott Russia at G20 meeting, only 6 did, 14 others including Japan & Australia refused, US decline is inevitable & irreversible G20退席抗俄僅6國! 日澳和其他12國拒絕美國沒跟進? 前台灣外交官介文汲爆:美國意圖被看穿
https://rumble.com/v11tx6e-us-wants-to-boycott-russia-at-g20-meeting-only-6-did.html
https://www.facebook.com/100036400039778/posts/696068521616476/?d=n

Video: The world’s big chess game, China has a game on the chessboard

Video: The world’s big chess game, China has a game on the chessboard, how to compete in the Central Plains? 世界大棋局 中國有了棋盤上的角 如何逐鹿中原? 美國大勢已去, 中國和平掘起誰也擋不了.
https://rumble.com/v11tily-the-worlds-big-chess-game-china-has-a-game-on-the-chessboard.html
https://www.facebook.com/100036400039778/posts/696011131622215/?d=n

Video: Eileen Ailing Gu said that self-confidence can be learned

Video: Eileen Ailing Gu said that self-confidence can be learned, a skill that can be learned and mastered. It was confidence that led her to a new life. Listen to her play the piano for you, talk about beauty and self-confidence 谷爱凌说自信是可以学的,自信是可以学习掌握的技能。正是自信,带她走向新的人生。听谷爱凌弹琴给你,陪你聊聊美与自信
https://rumble.com/v11rwus-eileen-ailing-gu-said-that-self-confidence-can-be-learned.html
https://www.facebook.com/100036400039778/posts/695780828311912/?d=n

Business Insider: Israel adds China’s yuan for the first time ever while cutting its dollar holdings in biggest currency reshuffle in a decade

Business Insider: Israel adds China’s yuan for the first time ever while cutting its dollar holdings in biggest currency reshuffle in a decade

Israel’s central bank added yuan to its reserve holdings for the first time ever.
Previously, the bank only held US dollars, euros, and the British pound.
According to the IMF, the dollar’s share of the total global currency reserves has fallen to its lowest point in over two decades.

Israel’s central bank will add Chinese yuan while slashing its dollar and euro holdings in a move to diversify its reserve allocations and lengthen its investment horizon, Bloomberg reported.

“We need to look at the need to earn a return on the reserves that will cover the costs of the liability,” Deputy Governor of the Bank of Israel, Andrew Abir, said in an interview.

In addition to the yuan, the bank will also add the Canadian and Australian dollars, signaling a shift in the bank’s “whole investment guidelines and philosophy,” Abir said. Previously, the bank only held US dollars, euros, and the British pound.

Israel’s reserves stockpile will surpass $200 billion for the first time.

Moving forward, the yuan will take up 2% of the bank’s reserves, and both the Canadian and Australian currencies will have 3.5% each, according to the bank’s annual report.

The new additions means the euro’s share will fall from 30% to 20%, and the dollar will account for 61%, down from 66.5%.

According to the International Monetary Fund, the dollar’s share of total global currency reserves has fallen to its lowest point in over two decades, sparking speculation over the rise of China’s yuan.

China has long pushed for the yuan to supplant the dollar as the go-to reserve currency. The weaponization of the US currency against Russia’s financial institutions means a sea change could be coming, experts say. The effectiveness of the West’s sanctions against Russia has provided a wake-up call for countries seeking to reduce their exposure to the dollar, economist Aleksandar Tomic previously told Insider.

https://markets.businessinsider.com/news/currencies/dollar-vs-yuan-israel-central-bank-chinese-currency-holdings-reserves-2022-4

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