Video: No more pretending! Middle Eastern tycoons are moving hundreds of billions in assets, and Hong Kong is set to be the biggest winner. Those who were bearish on Hong Kong are disappointed—the tide of abandoning the US for China cannot be stopped. Is the US left with no choice but to stand by and watch? 不演了！中東大佬千億資金大搬家，香港這波真的賺翻了！ 唱衰香港的人失望了，棄美投中攔不住！老美只能乾瞪眼？
As conflict rages in the Middle East, Dubai, once a desert miracle, is experiencing a massive capital exodus. But surprisingly, these hundreds of billions in real money are not flowing back to Wall Street as a safe haven. Instead, they are pouring into the Chinese market, with Hong Kong emerging as the biggest beneficiary. With America’s security umbrella faltering and the dollar system no longer the sole safe harbor, what harsh truths of international power games lie behind this epic capital migration?
THE TRUMP ADMINISTRATION will pay US$1 billion of taxpayer money to a foreign company to walk away from next-generation energy projects – and spend it on fossil fuels, it was revealed on Tuesday.
At the same time, the Xi administration in China announced a new action plan to double the production of clean energy in ten years.
OPPOSITE DIRECTIONS The steps reinforce the two superpowers’ opposite narratives on energy, with the US actively reversing back to fossil fuel usage, while China aims to become a solar civilization “electrostate”.
The Trump administration will pay US$1 billion to TotalEnergies SE, a French company, to abandon two wind energy leases in US offshore waters, the company said.
It will use the cash to construct a liquefied natural gas plant in Texas and develop its other oil and gas activities, said Patrick Pouyanné, chairman of the board of directors and chief executive officer at TotalEnergies, in an announcement.
CHINA STRUGGLES WITH TARGETS
China is continuing its clean energy focus, but like many countries, is struggling to meet its own targets in weening itself off fossil fuel, according to data revealed at the recent Two Sessions meeting in Beijing.
Still, it is continuing to produce affordable cars and solar panels for itself and the world, hedging its bets with multiple forms of energy generation, analysts said.
China’s latest five-year plan shows continued “strong support for scaling up clean energy and emerging low-carbon industries, but continued caution when it comes to setting firm constraints on fossil fuel consumption and emission growth,” said a report by Lauri Myllyvirta and Belinda Schäpe of the Center for Research on Clean Energy and Air.
EFFECT OF ATTACK ON IRAN
“China’s decision-makers will see the escalating U.S.-Israel-Iran war and disruption of oil and gas shipments through the Strait of Hormuz as a validation of their emphasis on energy security and reducing reliance on oil and gas imports,” the report added.
The wider world, too, is expected to see the repercussions of the US-Israel attack on Iran as a message to speed up the move to a future with hedged bets, meaning much more of an emphasis on renewable energy and nuclear power.
Can you accept consulting firms charging huge fees without guaranteeing results?
They sing praises of how wonderful China is but have no short- or long-term plans to leave the United States. Do these people truly believe China is great, or are they just putting on a show? Their words and actions are inconsistent!
They curse the Chinese people but seek to profit from Chinese Americans. Can you accept that?
They speak ill of China but use the wealth they accumulated in China to act as traitors abroad. Can China and the Chinese people accept that?
Those so-called financial advisors urging Chinese people to invest money in the United States are essentially guiding them toward a dead end. Wealthy Chinese Americans with high IQ and EQ have already converted half of their U.S. dollar assets into gold and RMB assets far away from US!
If you have a U.S. dollar pension but choose not to live in China’s Greater Bay Area—where your quality of life could improve three to five times—and instead remain in the United States to endure hardships, isn’t that a bit foolish? Of course, millionaires are an exception. Are you a millionaire?
If you received higher education in China, have a good job, family, friends, and classmates, and you are neither a corrupt official nor a dishonest businessman, what is your purpose in immigrating to the United States? Is it simply for money? Today, the rise of the East and the decline of the West is already inevitable. If you board the wrong train, you will regret it for life, and so will your descendants.
I am Johnson Choi, and I look forward to hearing your thoughts.
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Taiwan expert in International Affairs video with English subtitles: Iranian ballistic missiles hits Diego Garcia 3,800km away 2 days ago that could also hit London, Paris and Berlin. The 3 countries came out saying they are not part of the US/Israel coalition to destroy Iran. 國際事務專家影片附英文字幕：伊朗彈道飛彈兩天前鎖定打中了3800公里外的迪亞哥加西亞島，射程範圍也可涵蓋倫敦、巴黎與柏林。這三國隨後表態，稱未加入美國與以色列摧毀伊朗的聯盟。
American logistic expert reports from China video: On sale now: China is mass-producing hypersonic missiles for $99,000 美國物流專家中國影片報導有中文字幕：現正發售中 – 中國以九萬九千美元量產高超音速飛彈
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