NewzIntel.com

Category: China

  • MIL-OSI USA: Kaptur, Murray Call on Energy Department to Reverse New Indirect Cost Cap That Will Gut Funding for Cutting-Edge Research

    Source: United States House of Representatives – Congresswoman Marcy Kaptur (OH-09)

    Toledo, Ohio — Today, Congresswoman Marcy Kaptur (OH-09), Ranking Member of the House Appropriations Subcommittee on Energy and Water Development, and Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee and Ranking Member of the Subcommittee on Energy and Water Development, sent a letter to Department of Energy (DOE) Secretary Chris Wright expressing deep concern about how the Department’s recently announced cap on indirect costs for DOE research will jeopardize critical research and innovation—and calling on him to immediately reverse the policy.

    “We write to express our deep concern regarding the Department of Energy’s (DOE) recent decision to impose a cap on indirect cost rates for DOE-funded research. This change threatens to destabilize America’s scientific research infrastructure, delay critical energy innovation, and result in widespread economic harm,” write Kaptur and Murray. “At a time when China is investing billions to catch up to the scientific advancements driven by decades of DOE investments, the US should be accelerating its technological leadership, but this policy does the opposite.” 

    The lawmakers note the cap will cut funding essential to conducing cutting-edge DOE research: “This cap represents a sweeping, indiscriminate funding cut that will jeopardize not just projects at universities but also university partners at the national laboratories and in industry. Scientists could be forced to scale back or shutter vital studies; collaboration across sectors may be frozen; and the next generation of clean energy technologies could be delayed or lost entirely.” 

    Kaptur and Murray also underscore the implications of DOE’s new policy for the economy, stating: “Beyond its scientific implications, this policy change has serious economic consequences. DOE-funded research supports tens of thousands of jobs—from researchers and engineers to technical staff and support personnel—across all 50 states. In fiscal year 2024 alone, federal energy research investments generated billions in economic activity and helped anchor American competitiveness in global innovation markets. Weakening that support will reverberate through entire regions and industries, putting livelihoods at risk.”

    The lawmakers press Secretary Wright to explain the abrupt new policy change and call on him to reverse it, concluding: “[W]e also ask that you to immediately reverse this shortsighted and harmful new cap, which amounts to nothing short of a disastrous funding cut. DOE’s mission is too important to allow political interference to undercut America’s progress in energy research, climate resilience, and economic development. Let our scientists, engineers, and institutions continue their lifesaving, world-shaping work—uninterrupted.”

    The full letter is available by clicking here or reading below:

    April 16, 2025

    The Honorable Christopher Wright
    US Department of Energy
    1000 Independence Ave SW
    Washington, DC 20585

    Dear Secretary Wright: 

    We write to express our deep concern regarding the Department of Energy’s (DOE) recent decision to impose a cap on indirect cost rates for DOE-funded research. This change threatens to destabilize America’s scientific research infrastructure, delay critical energy innovation, and result in widespread economic harm. At a time when China is investing billions to catch up to the scientific advancements driven by decades of DOE investments, the US should be accelerating its technological leadership, but this policy does the opposite.

    DOE has long played a crucial role in supporting cutting-edge research in energy, climate science, advanced manufacturing, and national security. By capping indirect cost rates at 15 percent, this new policy undermines the essential support systems that make this research possible—such as the operation and maintenance of research facilities, labs, and technical infrastructure. Research institutions depend on these funds to conduct safe, innovative, and effective science.

    This cap represents a sweeping, indiscriminate funding cut that will jeopardize not just projects at universities but also university partners at the national laboratories and in industry. Scientists could be forced to scale back or shutter vital studies; collaboration across sectors may be frozen; and the next generation of clean energy technologies could be delayed or lost entirely. Even more worrying is the impact on our future science workforce, particularly in energy and critical and emerging technologies, where our nation has long struggled to recruit and train the best talent into roles at the intersection of technology and national security. 

    Beyond its scientific implications, this policy change has serious economic consequences. DOE-funded research supports tens of thousands of jobs—from researchers and engineers to technical staff and support personnel—across all 50 states. In fiscal year 2024 alone, federal energy research investments generated billions in economic activity and helped anchor American competitiveness in global innovation markets. Weakening that support will reverberate through entire regions and industries, putting livelihoods at risk.

    The policy’s abrupt implementation—absent consultation with the research community or Congress—has also introduced confusion and uncertainty into the energy research ecosystem. Programs will be paused, partnerships disrupted, and project leaders left with no clarity about how to proceed. In a moment that demands bold, collaborative leadership to meet America’s energy needs, these actions cause paralysis instead.  In regards to this new policy cap, please provide answers to the following questions:

    1. What will happen to existing awards at universities if they do not meet the new terms and conditions in this policy?
    2. What specific data or analysis did DOE use to determine that a 15% cap on indirect costs is appropriate and sustainable for research institutions?
    3. How does DOE justify this cap given that many universities currently operate with indirect cost rates significantly higher than 15% to cover essential research infrastructure and compliance?
    4. Was there any consultation with academic stakeholders, such as university administrators or research organizations, prior to implementing this policy change?
    5. What impact assessments has DOE conducted to understand how this cap will affect the financial viability of ongoing and future research projects at universities?
    6. Has DOE evaluated how this cap could influence the United States’ position in global research and innovation competitiveness?
    7. What are the long-term implications of this policy on the pipeline of future scientists and researchers trained through university programs?

    Particularly in light of the lack of information justifying this policy we also ask that you to immediately reverse this shortsighted and harmful new cap, which amounts to nothing short of a disastrous funding cut. DOE’s mission is too important to allow political interference to undercut America’s progress in energy research, climate resilience, and economic development. Let our scientists, engineers, and institutions continue their lifesaving, world-shaping work—uninterrupted.

    Sincerely,

    # # #

    MIL OSI USA News –

  • MIL-OSI: ACM Research to Release First Quarter 2025 Preliminary Revenue Range on April 29, 2025 and Full Financial Results on May 8, 2025

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., April 16, 2025 (GLOBE NEWSWIRE) — ACM Research, Inc. (“ACM”) (NASDAQ: ACMR) announced today that it will release its preliminary revenue range for the first quarter of 2025 before the U.S. market open on Tuesday, April 29, 2025, to coincide with reporting obligations of ACM Research (Shanghai), Inc., ACM’s principal operating subsidiary, to the Shanghai Stock Exchange.

    ACM will release its full financial results for the first quarter of 2025 before the U.S. market open on Thursday, May 8, 2025. ACM will conduct a corresponding conference call at 8:00 a.m. U.S. Eastern Time (8:00 p.m. China Time) to discuss the results.

    What: ACM First Quarter (ended March 31, 2025) Earnings Call
    When: 8:00 a.m. U.S. Eastern Time on Thursday, May 8, 2025
    Webcast: ir.acmr.com/news-events/events

    To join the conference call via telephone, participants must use the following link to complete an online registration process. Upon registering, each participant will receive email instructions to access the conference call, including dial-in information and a PIN number allowing access to the conference call. This pre-registration process is designed by the operator to reduce delays due to operator congestion when accessing the live call.

    Online Registration: https://register-conf.media-server.com/register/BI300a7bc629bd43d98fcb1268d481b156

    Participants who have not pre-registered may join the webcast by accessing the link at ir.acmr.com/news-events/events.

    A live and archived webcast of the conference call will be available on the Investors section of ACM’s website at www.acmr.com.

    About ACM Research, Inc.

    ACM develops, manufactures and sells semiconductor process equipment spanning cleaning, electroplating, stress-free polishing, vertical furnace processes, track, PECVD, and wafer- and panel-level packaging tools, enabling advanced and semi-critical semiconductor device manufacturing. ACM is committed to delivering customized, high-performance, cost-effective process solutions that semiconductor manufacturers can use in numerous manufacturing steps to improve productivity and product yield. For more information, visit www.acmr.com.

    © ACM Research, Inc. The ACM Research logo is a trademark of ACM Research, Inc. For convenience, this trademark appears in this press release without a ™ symbol, but that practice does not mean that ACM will not assert, to the fullest extent under applicable law, its rights to such trademark.

    For investor and media inquiries, please contact:

    In the United States: The Blueshirt Group
      Steven C. Pelayo, CFA
      +1 (360) 808-5154
      steven@blueshirtgroup.co
    In China: The Blueshirt Group Asia
      Gary Dvorchak, CFA
      +86 (138) 1079-1480
      gary@blueshirtgroup.co

    The MIL Network –

  • MIL-Evening Report: State of the states: six experts on how the campaign is playing out around Australia

    Source: The Conversation (Au and NZ) – By David Clune, Honorary Associate, Government and International Relations, University of Sydney

    The federal election campaign has passed the halfway mark, with politicians zig-zagging across the country to spruik their policies and achievements.

    Where politicians choose to visit (and not visit) give us some insight into their electoral priorities and strategy.

    Here, six experts analyse how the campaign has looked so far in New South Wales, Queensland, South Australia, Tasmania, Victoria and Western Australia.

    New South Wales

    David Clune, honorary associate, government and international relations, University of Sydney

    Opposition Leader Peter Dutton’s strategy in NSW seems to include a tacit concession Liberal heartland seats won by the Teals in 2022 are unlikely to come back.

    Instead, the Liberals are hoping to make inroads into Western Sydney electorates held by Labor. It’s a fast-growing, diverse area where families are struggling to pay the mortgage and household bills, and young people have difficulty renting or buying homes. Dutton and Prime Minister Anthony Albanese have concentrated their campaigning in this area, both claiming to be the best choice for cost-of-living relief and housing affordability.

    Many of these seats are among Labor’s safest. Most would require a two-party preferred swing of 6% or more to be lost. Historically speaking, swings of this size are unlikely, although nevertheless possible.

    Labor is putting much effort into “sandbagging” marginal coastal seats. A major issue is Labor’s emphasis on renewables versus the Coalition’s policy of building nuclear power plants, including one in the Hunter Valley.

    Dutton’s messaging in the early part of the campaign was confusing, combining pragmatic politics, such as cutting the excise on petrol, with right-wing ideology, such as slashing the public service. The former resonated in the marginals, the latter did not. Albanese, by contrast, stayed on message, releasing a stream of expensive handouts to win the votes of battling Sydneysiders.

    A wildcard is the emergence of Muslim lobby groups, The Muslim Vote and Muslim Votes Matter. These were formed to support pro-Palestine candidates in safe Labor seats in Western Sydney where there is a large Muslim population, such as Blaxland and Watson.

    One factor that won’t be influential is the state government. Premier Chris Minns leads a Labor administration whose performance has generally been lacklustre, but which is not notably unpopular. Unlike in Victoria, NSW voters seem to have their baseball bats in the closet.

    The opinion polls continue to show the trend developing since February of a swing back to Labor in NSW, mirroring the national trend. According to an aggregate of polling data, as at April 15 the Labor two-party preferred vote in NSW was 51.9%, an increase of 1.7% since the March federal budget.

    Queensland

    Paul Williams, associate professor of politics and journalism, Griffith University

    The fact neither Albanese nor Dutton has spent a disproportionate amount of time campaigning in Queensland underscores the view the Sunshine State is not a pathway to The Lodge.

    But the fact both leaders have made several visits – Albanese campaigned here four times in 12 days – also indicates neither leader is taking any seat for granted.

    Indeed, Albanese has visited normally tough-to-win seats, such as Leichhardt in far north Queensland (held by the Coalition for 26 of the past 29 years), which reveals an emboldened Labor Party. With the retirement of popular Coalition MP Warren Entsch, and held by just 3.44%, Labor thinks Leichhardt is “winnable”, especially after reports the LNP candidate Jeremy Neal had posted questionable comments regarding China and Donald Trump on social media.

    If so – and given the growing lead Labor boasts in national polls – the LNP would be also at least a little concerned in Longman (3.1%), Bonner (3.4%), Flynn (3.8%), Forde (4.2%) and Petrie (4.4%).

    At least the opposition can placate itself with this week’s Resolve Strategic poll, which indicates it still leads Labor in Queensland by six points after preferences, 53% to 47%. That’s just a one-point swing to Labor since 2022. However, it would be concerned that the LNP’s lead has been slashed ten points from the previous YouGov poll.

    But most concerning must surely be a uComms poll in Dutton’s own seat of Dickson, held by a slender 1.7%, which forecast the opposition leader losing to high-profile Labor candidate Ali France, 51.7 to 48.3%. The entry of the Climate 200-backed independent candidate Ellie Smith appears to have disrupted preference flows.

    Labor’s own polling indicated a closer contest at 50% each, while the LNP’s polling indicates an easy win for Dutton, 57% to 43%, despite Labor spending A$130,000 on France’s campaign.

    An alleged terror plot against Dutton in Brisbane doesn’t appear to have shifted the dial. But voters’ potential to conflate Dutton with Trump may well have, especially given Trump’s tariffs now threaten Queensland beef producers’ $1.4 billion trade with the United States. In the closing weeks, watch as Dutton draws on the new and popular Premier David Crisafulli for electoral succour.

    South Australia

    Rob Manwaring, associate professor of politics and public policy, Flinders University

    Is there a federal election campaign taking place? In South Australia, there is a something of an elusive air about the current festival of democracy, with many voters disengaged. The lack of excitement reflects the fact that only two seats in the state are marginal: Sturt (0.5%) and Boothby (3.3%).

    The party campaigns have sparkled and flickered, but not really caught alight. The signature move was Albanese’s early announcement of the $150 million new healthcare centre at Flinders, in the seat of Boothby. For the ALP, this neatly coalesced around Labor’s campaign on Medicare.

    Federal Labor also sees its strongest asset in the state in Premier Peter Malinauskas, who was prominent during the recent AFL gather round – the round played entirely in Adelaide and its surrounds.

    In a welcome development for the state, Labor’s announcement Adelaide would be put forward to host the next Climate COP conference in 2026 was an interesting flashpoint. Locally, many businesses welcomed the announcement, as it potentially will generate significant footfall and economic activity.

    Yet, the Coalition quickly announced they would not support the bid, trying to shift the attention away from climate to cost-of-living issues.

    More generally, there is a perception the Coalition has been struggling to build campaign momentum. Notably, in a recent visit by members of the shadow cabinet, energies appear to be focused more on sandbagging the seat of Sturt than on winning Boothy, which Labor holds with a nominal 3.3%.

    Other factors also might explain a sense of indifference in South Australia. There have been key developments in state politics, for example, notably the ongoing criminal case against former Liberal leader David Speirs, and independent MP, and former Liberal, Nick McBride, who faces assault charges related to family and domestic violence (to which he’s yet to enter a plea).

    Tasmania

    Robert Hortle, deputy director of the Tasmanian Policy Exchange, University of Tasmania

    The Labor and Liberal campaign strategies started quite differently across Tasmania’s five electorates.

    Labor is desperate to defend Lyons and Franklin and hopeful of picking up Braddon (though perhaps overly ambitious, given the 8% margin).

    Its candidates have focused on promoting Labor’s big, national-level policies. In the first couple of weeks of the campaign, this meant pushing its flagship healthcare and childcare policies. Following the campaign launches on the weekend, housing is the new flavour.

    The Liberal Party – there is no Coalition in Tassie – is focused on winning super marginal Lyons (0.9%) and holding Braddon and Bass. In contrast to Labor, the Liberal campaign was initially defined by lots of community-level funding announcements and Tasmania-specific infrastructure support.

    Since the Coalition’s plan to halve the fuel excise was announced, the approach has changed somewhat. Tasmanian Liberal candidates are now swinging in behind this and other national policy pronouncements about – you guessed it – housing.

    Both major party candidates have been pretty quiet on the controversial issue of salmon farming. This is surprising given the national spotlight on Braddon’s Macquarie Harbour and the waterways of Franklin. The only exception is Braddon Labor candidate Anne Urquhart’s very vocal support for the salmon industry.

    For the Greens, the goal is to build on their 2022 vote share and turn one Senate seat into two, although this is a long shot. They have campaigned hard on issues – mainly salmon farming and native forest logging – where agreement between the Labor and Liberal parties has left space for a dissenting voice.

    Although the Greens’ chances of winning any of the lower house seats are slim, they will be hoping these issues help them make further inroads into the declining primary vote share of the major parties.

    Victoria

    Zareh Ghazarian, senior lecturer in politics, school of social sciences, Monash University

    Victoria has several seats that can potentially change hands at this election. As ABC election analyst Antony Green reminds us, the state is home to at least a dozen seats the major parties hold by a margin of 6% or less. Additionally, the independents in Kooyong and Goldstein are also on thin margins (2.2% and 3.3% respectively).

    Within this context, the campaign in Victoria has been marked by several visits by the major party leaders. The challenge, however, has been how they have worked with their state counterparts.

    State Liberal Leader Brad Battin has fallen short of explicitly supporting the Coalition’s focus on nuclear energy. Instead, he says he’s ready to have an “adult conversation” about the prospect. Coal currently provides more than 60% of electricity in Victoria.

    Dutton was, however, happy to campaign alongside Battin and also visited a petrol station with the state leader while in Melbourne.

    The Labor Party in Victoria, on the other hand, has been grappling with a drop in support in the polls, with Premier Jacinta Allan’s popularity falling. As a result, there’s been much speculation among political commentators about whether Albanese would want to be campaigning with a leader seemingly struggling to attract support.

    In one of the first visits to the state, Albanese did not campaign with Allan. This was even though he had been happy to be with the premiers of South Australia and Western Australia while campaigning there.

    According to Albanese, it was the fact that parliament was sitting that made it impossible for Allan to join him on the campaign trail. Both leaders were together at a subsequent visit, but this elicited questions about the impact of Allan’s leadership on Labor’s standing in Victoria.

    Western Australia

    Narelle Miragliotta, associate professor in politics, Murdoch University

    Reports the state’s 16 seats will decide which party grouping will form government has resulted in WA voters being treated to regular visits by the major party leaders, including Labor’s campaign launch.

    The campaign context in WA is shaped by its mining economy. Perth is the fastest growing capital in the country, which has led to strong growth in the median housing price and an expensive rental market.

    While the state’s economic prosperity is one of the drivers of cost-of-living pressures, some of this has been offset by relief measures from the state Labor government, relatively low unemployment and some of the highest average weekly incomes in the country.

    On top of this two potentially divisive issues – the nature positive laws and North West shelf gas expansion – have been defused by federal Labor. The party has backtracked in the case of the former. In the case of the latter, it has merely delayed (not without criticism, however) what is likely to be an eventual approval.

    Clearer differences have emerged on future of the WA live sheep trade. But while important to communities directly affected by the phasing out of the practice, the issue does not appear to be capturing the attention of most metropolitan voters.

    What might we expect? Labor’s two-party-preferred margin is comfortable in eight of the nine seats it holds. The five Liberal-held seats are on much slimmer margins. Polling suggests little improvement in their state-wide share of the two party preferred vote since 2022.

    To the extent the polls portend the outcome, the Liberals’ lack of electoral momentum in WA suggests it will be a struggle to regain the target seats of Curtin and Tangney. Only the outcome in WA’s newest seat, Bullwinkel, remains uncertain.

    Paul Williams is a research associate with the TJ Ryan Foundation.

    David Clune, Narelle Miragliotta, Rob Manwaring, Robert Hortle, and Zareh Ghazarian do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. State of the states: six experts on how the campaign is playing out around Australia – https://theconversation.com/state-of-the-states-six-experts-on-how-the-campaign-is-playing-out-around-australia-253124

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Security: Private Investigator Sentenced to Prison for Interstate Stalking and Harassment of Chinese Nationals on Behalf of the People’s Republic of China

    Source: United States Department of Justice

    Today, in federal court in Brooklyn, New York, Michael McMahon, 57, of Mahwah, New Jersey, was sentenced to 18 months in prison and ordered to pay an $11,000 fine for acting as an illegal agent of the government of the People’s Republic of China (PRC) and interstate stalking and conspiracy to commit the same, for his participation in a scheme to coerce repatriation of a U.S. resident to the PRC as part of its international repatriation effort known as “Operation Fox Hunt.” McMahon and co-defendants Zhu Yong, 68, of East Elmhurst, New York, and Congying Zheng, 29, of Brooklyn, were convicted by a federal jury in June 2023 following a three-week trial. In January 2025, Zhu and Zheng were sentenced respectively to 24 months and 16 months in prison.

    As proven at trial, between approximately 2016 and 2019, the defendants and their co-conspirators participated in an international campaign to threaten, harass, surveil, and intimidate John Doe #1 and his family in order to force him and his wife, Jane Doe #1, to return to the PRC to face purported corruption charges. Beginning in 2012, John Doe #1 and Jane Doe #1 had been targeted for repatriation as part of the PRC’s transnational repression programs known as “Operation Fox Hunt” and “Operation Sky Net.” John Doe #1 and his family had accordingly sought to keep their address out of public records.

    Zhu hired McMahon, a retired NYPD sergeant working as a private investigator, to locate John Doe #1. McMahon obtained sensitive information about John Doe #1, which he then reported back to Zhu and others, including a PRC police officer. McMahon also conducted surveillance outside the New Jersey home of John Doe #1’s relative and provided Zhu and PRC officials with detailed reports of what he observed. The operation was supervised and directed by several PRC officials, including a PRC police officer and a PRC prosecutor.

    As McMahon knew, the operation was intended not only to locate John Doe #1, but to coerce him to return to the PRC by exerting pressure on his family members. In April 2017, PRC officials threatened to jail John Doe #1’s sister, who lived in the PRC, in order to coerce John Doe #1’s then-82-year-old father to travel from the PRC to their relative’s home in New Jersey. John Doe #1’s father, who had recently suffered a brain hemorrhage, was so frail that a doctor accompanied him for the trip. McMahon followed John Doe #1’s father from the relative’s New Jersey home, and, by doing so, was able to learn John Doe #1’s address. McMahon immediately provided this information to a PRC operative.

    On Sept. 4, 2018, Zheng and another co-conspirator drove to the New Jersey residence of John Doe #1 and Jane Doe #1 – at the address that McMahon had provided – where they pounded on the front door, attempted to enter the house, and then peered through the windows in the back of the home. They left a note on the front door informing John Doe #1 that his “wife and children will be okay” if John Doe #1 surrendered himself to face a ten-year prison term in the PRC.

    McMahon knew that the subjects of his investigation were wanted by the PRC government, a fact that he texted about with another investigator he contracted to help him. Following his arrest, McMahon acknowledged knowing that his employers wanted to get the victim back to China “so they could prosecute him.” After providing the victims’ address, McMahon told his surveillance partner that he was “waiting for a call” to find out what to do next. McMahon’s partner responded, “Yeah. From NJ State Police about an abduction,” to which McMahon responded “Lol.”  McMahon later suggested to a PRC co-conspirator that they “harass” John Doe #1 by “[p]ark[ing] outside his home and let[ting] him know we are there.” McMahon took other investigative steps designed to harass the victims, such as researching their daughter’s university residence and college major. McMahon was paid more than $19,000 in total for his role in the illegal repatriation scheme. In an apparent attempt to conceal the source, McMahon deposited payments from his PRC clients into his son’s bank account, the only time he had done so with client payments.

    Previously, three co-defendants pleaded guilty in connection with their roles in the PRC-directed harassment and intimidation campaign. They are awaiting sentencing.

    Sue J. Bai, head of the Justice Department’s National Security Division, U.S. Attorney John J. Durham for the Eastern District of New York, and Assistant Director Roman Rozhavsky of the FBI’s Counterintelligence Division made the announcement.

    The FBI New York Field Office investigated the case, with valuable assistance provided by the Department of State’s Diplomatic Security Service.

    Assistant U.S. Attorneys Meredith A. Arfa and Irisa Chen for the Eastern District of New York are in charge of the prosecution, with assistance from Trial Attorneys Christine A. Bonomo and Scott A. Claffee of the National Security Division’s Counterintelligence and Export Control Section. Paralegal Specialist Rebecca Roth for the Eastern District of New York provided valuable assistance.

    The FBI has created a website for victims to report efforts by foreign governments to stalk, intimidate, or assault people in the United States. If you believe that you are or have been a victim of transnational repression, please visit the FBI’s website.

    MIL Security OSI –

  • MIL-OSI Economics: Global trade faces setback amid rising tariffs

    Source: World Trade Organization

    The WTO Secretariat’s latest Global Trade Outlook and Statistics report, issued today (16 April), comes at a time of growing uncertainty for the global economy – and with it, a sharp deterioration in the prospects for world trade.

    Following a strong performance in 2024, global trade is now facing headwinds from a surge in tariffs and rising trade policy uncertainty. The volume of world merchandise trade is projected to decline by 0.2 per cent in 2025 – almost three percentage points lower than it would have been without the recent policy shifts. A modest recovery of 2.5 per cent is expected in 2026.

    This marks a notable reversal from forecasts earlier this year, when WTO economists anticipated continued trade expansion, supported by improving macroeconomic conditions.

    There are also important downside risks that could lead to a steeper decline in world trade. These include the possible implementation of the currently suspended “reciprocal tariffs” by the United States, as well as the potential for a broader spillover of trade policy uncertainty to other trading relationships.

    If enacted, reciprocal tariffs would reduce global merchandise trade growth by an additional 0.6 percentage points. A wider spread of trade policy uncertainty could cut growth by a further 0.8 percentage points. Taken together, these risks would lead to a 1.5 per cent decline in world merchandise trade volume in 2025.

    The impact of recent trade policy changes varies sharply across regions.

    According to our current forecast, North America now subtracts 1.7 percentage points from global merchandise trade growth in 2025, turning the overall figure negative. Asia and Europe continue to contribute positively but less than in the baseline “low tariff” scenario, with Asia’s contribution halved to 0.6 percentage points. Meanwhile, the combined contribution of other regions – Africa, the Commonwealth of Independent States (CIS), the Middle East, and South and Central America and the Caribbean – also declines somewhat but remains positive. An important driving force behind these changes is the decoupling between China and the United States, resulting from tariffs that now well exceed 100 per cent.

    The disruption in United States–China trade is also expected to trigger significant trade diversion, raising concerns among other markets about increased competition from China. As trade is redirected, Chinese merchandise exports are projected to rise by between 4 and 9 per cent across all regions outside North America. At the same time, US imports from China are expected to fall sharply in sectors such as textiles, apparel and electrical equipment, creating new export opportunities for other suppliers able to fill the gap. This could open the door for some least-developed countries to increase their exports to the US market.

    Services trade, while not directly subject to tariffs, is also expected to be adversely affected. Declines in goods trade are likely to reduce demand for related services, such as transport and logistics, while broader uncertainty is likely to dampen discretionary spending on travel and to slow investment-related services.

    As a result, the volume of global services trade is now forecast to grow by 4.0 per cent in 2025 and 4.1 per cent in 2026 – well below the baseline projections of 5.1 per cent and 4.8 per cent. These figures are part of a new element in our analysis: for the first time, this report includes projections for commercial services trade in volume terms, complementing our long-standing merchandise trade estimates.

    The broader economic picture is also affected. World GDP is now expected to grow by 2.2 per cent in 2025 – 0.6 percentage points below the baseline prediction – before recovering slightly to reach 2.4 per cent in 2026. The largest impact will again be in North America, where growth is projected to slow by 1.6 percentage points, followed by Asia (down by 0.4 percentage points) and South and Central America and the Caribbean (down by 0.2 percentage points).

    While reciprocal tariffs alone would have a limited effect on global GDP, a wider spread of trade policy uncertainty could nearly double the projected GDP loss, bringing it to 1.3 percentage points below the baseline scenario.

    All of this follows a notably strong year for trade. In 2024, the volume of world merchandise trade grew by 2.9 per cent, and commercial services trade expanded by 6.8 per cent. With global GDP growing 2.8 per cent at market exchange rates, 2024 was the first year since 2017 – excluding the post-COVID-19 rebound – in which merchandise trade growth outpaced GDP growth. In value terms, merchandise exports rose 2 per cent, to US$ 24.43 trillion, and services exports increased by 9 per cent, to US$ 8.69 trillion, supported by strong global demand.

    Although the current outlook is challenging, it is worth recalling that the trajectory of world trade will not be determined by any single economy or bilateral relationship. Much will depend on how the broader international community responds. The fact that 87 per cent of global merchandise trade takes place outside the United States – and that bilateral trade between the United States and China accounts for around 3 per cent – is a reminder of the importance of other trading relationships.

    Open, predictable and cooperative trade policies remain essential – not just for trade itself, but for global economic resilience.

    MIL OSI Economics –

  • MIL-OSI Economics: Temporary tariff pause mitigates trade contraction, but strong downside risks persist

    Source: World Trade Organization

    The volume of world merchandise trade is expected to decline by 0.2% in 2025 under current conditions, nearly three percentage points lower than what would have been expected under a “low tariff” baseline scenario, according to the WTO Secretariat’s latest Global Trade Outlook and Statistics report released on 16 April.  This is premised on the tariff situation as of 14 April. Trade could shrink even further, to -1.5% in 2025, if the situation deteriorates.

    Services trade, though not directly subject to tariffs, is also expected to be adversely affected, with the global volume of commercial services trade now forecast to grow by 4.0%, slower than expected.

    Director-General Ngozi Okonjo-Iweala said: “I am deeply concerned by the uncertainty surrounding trade policy, including the US-China stand-off. The recent de-escalation of tariff tensions has temporarily relieved some of the pressure on global trade. However, the enduring uncertainty threatens to act as a brake on global growth, with severe negative consequences for the world, the most vulnerable economies in particular. In the face of this crisis, WTO members have the unprecedented opportunity to inject dynamism into the organization, foster a level-playing field, streamline decision-making, and adapt our agreements to better meet today’s global realities.”

    At the start of the year, the WTO Secretariat expected to see continued expansion of world trade in 2025 and 2026, with merchandise trade growing in line with world GDP and commercial services trade increasing at a faster pace. However, the large number of new tariffs introduced since January prompted WTO economists to reassess the trade situation, resulting in a substantial downgrade to their forecast for merchandise trade and a smaller reduction in their outlook for services trade.

    Risks to the forecast

    Risks to the merchandise trade forecast persist, particularly from the reactivation of the suspended “reciprocal tariffs” by the United States, as well as the spread of trade policy uncertainty that could impact non-US trade relationships. If realized, reciprocal tariffs would reduce global merchandise trade volume growth by 0.6 percentage points in 2025 while spreading trade policy uncertainty could shave off another 0.8 percentage points. Together, reciprocal tariffs and spreading trade policy uncertainty would lead to a 1.5% decline in world merchandise trade in 2025. These scenarios are explored in detail in the Analytical Chapter of the report. Risks to services trade related to the escalation in trade tensions are not currently captured in the forecast.

    “Our simulations show that trade policy uncertainty has a significant dampening effect on trade flows, reducing exports and weakening economic activity,” WTO Chief Economist Ralph Ossa said. “Moreover, tariffs are a policy lever with wide-ranging, and often unintended consequences. In a world of growing trade tensions, a clear-eyed view of those trade-offs is more important than ever.”

    Regional goods trade forecasts

    The latest forecast marks a reversal from 2024, when the volume of world merchandise trade grew 2.9%, while GDP expanded by 2.8%, making 2024 the first year since 2017 (excluding the rebound from the COVID-19 pandemic) where merchandise trade grew faster than output.

    In 2025, the impact of recent tariff measures on merchandise trade is expected to differ sharply across regions.

    Under the current policy landscape, North America is expected to see a 12.6% decline in exports and 9.6% drop in imports in 2025. The region’s performance would subtract 1.7 percentage points from world merchandise trade growth in 2025, turning the overall figure negative. Asia is projected to post modest growth in both exports and imports this year (1.6% for both), along with Europe (1.0% export growth, 1.9% import growth). Both regions’ contributions to world trade growth would remain positive under current policies, albeit smaller than in the baseline low tariff scenario. The collective contribution to world trade growth of other regions would also remain positive, in part due to their importance as producers of energy products, demand for which tends to be stable over the global business cycle.

    The disruption in US-China trade is expected to trigger significant trade diversion, raising concerns among third markets about increased competition from China. Chinese merchandise exports are projected to rise by 4% to 9% across all regions outside North America, as trade is redirected. At the same time, US imports from China are expected to fall sharply in sectors such as textiles, apparel, and electrical equipment, creating new export opportunities for other suppliers able to fill the gap.

    Additionally, the reinstatement of US tariffs could have severe repercussions for export-oriented least-developed countries (LDCs) whose economies are particularly sensitive to external economic shocks due to their concentration of trade on a small number of products as well as their limited resources to deal with setbacks. Under the current situation with the pause on US’ “reciprocal” tariffs, LDCs may benefit from trade diversion as their export structure is similar to China’s, especially in textiles and electronics.

    Commercial services trade

    In 2024, services accounted for 26.4% of global trade based on balance of payments statistics, the highest share since 2005. Rising demand for services and advances in digitalization have helped expand the contribution of services to global trade. In 2024, services trade totalled US$ 8.69 trillion, increasing by 9% and mirroring the growth registered in 2023. This is in sharp contrast to goods trade, which rose by only 2% in value terms in 2024.

    Although the high tariffs are limited to goods, their effects are expected to ripple across the broader economy, including on services trade.

    High tariffs will directly affect the volume of goods traded, leading to weaker demand for freight shipping and logistics services in ports and airports, which account for the bulk of overall transport. International travel, particularly leisure travel, may be the first sector impacted by economic uncertainty, as discretionary spending on trips and accommodations can easily be curtailed. Furthermore, various intermediate services supporting goods trade and other services such as professional, research and development, and information technology services, will likely face declining demand in the current economic climate.

    Most services growth in 2025 will originate from Europe, where exports are expected to grow by 5.0% under current policies. European growth will continue at 4.4% in 2026. Asian economies’ services exports are projected to increase by 4.4% in 2025 and by 5.1% in 2026. Growth in services exports of North America will slow to 1.6% in 2025 but then accelerate to 2.3% in 2026. For the Middle East, services exports are expected to grow by 1.7% in 2025 and 1.0% in 2026. In the Commonwealth of Independent States (CIS), growth of 1.1% in 2025 and of 3.5% in 2026 is anticipated. The outlook for 2025 is subdued for Africa and for South and Central America and the Caribbean, both of which are expected to record declines in 2025.

    The full report is available here.

    Detailed annual, quarterly and monthly trade statistics can be downloaded from the WTO Stats portal. Our interactive user-friendly tools are also available for a more in-depth look at the data: WTO World Trade Statistics, Key Insights and Trends in 2024 and WTO Global Services Trade Data Hub.

    Share

    MIL OSI Economics –

  • MIL-OSI USA: Governor Newsom files lawsuit to end President Trump’s tariffs

    Source: US State of California 2

    Apr 16, 2025

    What you need to know: California today filed a lawsuit challenging President Trump’s authority to unilaterally enact tariffs, which have created economic chaos, driven up prices, and harmed the state, families, and businesses.

    SACRAMENTO – Governor Gavin Newsom and California Attorney General Rob Bonta today filed a lawsuit in federal court challenging President Trump’s use of emergency powers to enact broad-sweeping tariffs that hurt states, consumers, and businesses. The lawsuit argues that President Trump lacks the authority to unilaterally impose tariffs through the International Economic Emergency Powers Act, creating immediate and irreparable harm to California, the largest economy, manufacturing, and agriculture state in the nation. 

    These tariffs have disrupted supply chains, inflated costs for the state and Californians, and inflicted billions in damages on California’s economy, the fifth largest in the world.

    “President Trump’s unlawful tariffs are wreaking chaos on California families, businesses, and our economy — driving up prices and threatening jobs. We’re standing up for American families who can’t afford to let the chaos continue.”

    Governor Gavin Newsom

    “The President’s chaotic and haphazard implementation of tariffs is not only deeply troubling, it’s illegal. As the fifth largest economy in the world, California understands global trade policy is not just a game. Californians are bracing for fallout from the impact of the President’s choices — from farmers in the Central Valley, to small businesses in Sacramento, and worried families at the kitchen table — this game the President is playing has very real consequences for Californians across our state. I am proud to go to bat alongside Governor Newsom to fight for California’s vibrant economy, businesses, and residents.”

    Attorney General Rob Bonta

    The lawsuit, filed in the United States District Court for the Northern District of California, requests the court to declare the tariffs imposed by President Trump void and enjoin their implementation. 
     

    The President lacks authority to enact unilateral tariffs

    The lawsuit argues that President Trump lacks the authority to unilaterally impose tariffs against Mexico, China, and Canada or create an across-the-board 10% tariff. The President’s use of the International Economic Emergency Powers Act (IEEPA) to enact tariffs is unlawful and unprecedented. 
     

    The IEEPA gives the President authority to take certain actions if he declares a national emergency in response to a foreign national security, foreign policy, or economic threat.  The law, which was enacted by Congress in 1977, specifies many different actions the President can take, but tariffs aren’t one of them. In fact, this is the first time a president has attempted to rely on this law to impose tariffs. 
     

    Supreme Court precedent

    The lawsuit invokes the U.S. Supreme Court’s major questions doctrine, which holds that in novel matters of vast economic and political significance, federal agencies and the executive branch must have clear and specific authorization from Congress. In recent years, the Court has applied this standard to strike down major initiatives, including President Obama’s Clean Power Plan and President Biden’s student loan forgiveness program, ruling that novel executive actions with broad impacts on the national economy cannot rest on vague statutory authority. 

    It is difficult to imagine a more economically significant set of actions than the one Trump is taking on tariffs, which have inflicted hundreds of billions of dollars in economic losses on a whim, using a statute that doesn’t mention tariffs. The Court, applying this doctrine even-handedly, will find that such expansive action absent congressional approval is a clear violation of the law. 

    California is the backbone of the nation’s economy 

    California’s gross domestic product was $3.9 trillion in 2023, making it 50% bigger than the GDP of the nation’s next-largest state, Texas. The state drives national economic growth and also sends over $83 billion more to the federal government than it receives in federal funding. California is the leading agricultural producer in the country and is also the center for manufacturing output in the United States, with over 36,000 manufacturing firms employing over 1.1 million Californians. The Golden State’s manufacturing firms have created new industries and supplied the world with manufactured goods spanning aerospace, computers and electronics, and, most recently, zero-emission vehicles.

    The Golden State is global leader in two-way trade

    California engaged in nearly $675 billion in two-way trade in 2024, supporting millions of jobs throughout the state. California’s economy and workers rely heavily on this trade activity, particularly with Mexico, Canada, and China – our top 3 trade partners. Over 40% of California imports come from these countries, totaling $203 billion of the more than $491 billion in goods imported by California in 2024. These countries are also our top three export destinations, buying nearly $67 billion in California exports, which was over one-third of the state’s $183 billion in exported goods in 2024. 

    Tariffs irreparably harm California businesses and consumers

    As the largest economy in the nation, the largest agriculture state in the nation, and the largest U.S. trading partner, the harm of the tariffs on the state of California is immense. President Trump’s policies have already inflicted hundreds of billions of dollars in economic losses. 

    Tariffs have an outsized impact on California businesses, including its more than 60,000 small business exporters. 

    Standing up for California families and businesses 

    Governor Newsom has responded quickly to help reduce negative impacts from the Trump tariffs on California’s economy and maintain California’s strong partnerships worldwide. Today’s lawsuit follows the Governor’s recent announcement of California’s goal to create new strategic trade relationships with international partners aimed at strengthening shared economic resilience and protecting California’s manufacturers, workers, farmers, businesses, and supply chains.  The Governor has also announced a new international campaign to help maintain the strong tourism partnership between California and Canada.

    More opposition to President Trump’s tariffs

    U.S. Senator Ted Cruz (R-Texas): “Listen, I love President Trump, I’m his strongest supporter, and I think he’s doing incredible things as president. But here’s one thing to understand, a tariff is a tax.”

    U.S. Senator Rand Paul (R-Kentucky): “Every dollar collected in tariff revenue comes straight out of the pockets of American consumers.”

    U.S. Senator Lisa Murkowski (R-Alaska): “And if the global implications of these tariffs have shown us nothing else, it’s that measures that are as important as these should be considered by the 535 elected individuals that are in tune with the American people, rather than vesting that with just one individual acting unilaterally.”

    Ben Shapiro, political commentator: “The idea that this is inherently good and makes the American economy strong is wrongheaded; it is untrue…”

    U.S. Chamber of Commerce: “What we have heard from business of all sizes, across all industries, from around the country is that these broad tariffs are a tax increase that will raise prices for American consumers and hurt the economy.”

    National Retail Federation: “American consumers could lose between $46 billion and $78 billion in spending power each year if new tariffs on imports to the United States are implemented.”

    The Wall Street Journal Editorial Board: “The dumbest trade war in history.”

    Recent news

    Apr 15, 2025

    News What you need to know: The passage of Proposition 1 by California voters adds rocket fuel to Governor Gavin Newsom’s transformational overhaul of the state’s behavioral health system. These reforms refocus existing funds to prioritize Californians with the most…

    Apr 15, 2025

    News What you need to know: The First Partner released the final report of a working group tasked with developing recommendations for policymakers, healthcare providers, law enforcement, and the judicial system in order to better support survivors of sexual assault….

    Apr 15, 2025

    News What you need to know: Preliminary data suggests property and violent crimes in California were down in 2024. Sacramento, California – As the state continues to invest in the safety and security of California communities, new data suggests violent and property…

    MIL OSI USA News –

  • MIL-OSI USA: Wicker, Colleagues Send Letter Calling for Reform to Biden AI Diffusion Rule

    US Senate News:

    Source: United States Senator for Mississippi Roger Wicker
    WASHINGTON – Last week, U.S. Senator Roger Wicker (R-MS) joined Senator Pete Ricketts (R-NE) in sending a letter to Commerce Secretary Howard Lutnick regarding the Biden administration’s AI Diffusion Rule (AIDR). The letter highlights the need to withdraw Biden’s overly obstructive rule and propose an alternative before the May 15th compliance deadline. Implementing a new standard would help prevent the Chinese Communist Party from taking the lead in this emerging technology by focusing efforts on encouraging American companies to continue being pioneers in artificial intelligence innovation. The letter states:
    “We applaud President Trump’s commitment to ensuring American dominance in the tech sector. Today, we are in an enviable position: American companies dominate in crucial areas that will define tomorrow’s economy including semiconductor design, compute infrastructure, and artificial intelligence (AI). This leadership position has been hard fought. Maintaining and growing our tech lead requires diligently advancing an American-led, global ecosystem around the world.”
    “With the compliance deadline of May 15, 2025, rapidly approaching, immediate action is necessary to prevent irreversible damage to American innovation and competitiveness,” the letter continues. “Every day this rule remains in place, American companies face mounting uncertainty, stalled investments, and the risk of losing critical global partnerships that cannot be easily regained. Therefore, we urge you to withdraw this rule and propose an alternative that is effective in preventing Communist China from capturing the world market in a leading technology without compromising American advantages.”
    The letter was also signed by Senators Thom Tillis (R-NC), Markwayne Mullin (R-OK), Ted Budd (R-NC), Eric Schmitt (R-MO), and Tommy Tuberville (R-AL).
    Read the full letter here or below:  
    Dear Secretary Lutnick:
    We applaud President Trump’s commitment to ensuring American dominance in the tech sector. Today, we are in an enviable position: American companies dominate in crucial areas that will define tomorrow’s economy including semiconductor design, compute infrastructure, and artificial intelligence (AI). This leadership position has been hard fought. Maintaining and growing our tech lead requires diligently advancing an American-led, global ecosystem around the world.
    Concerningly, President Biden’s recently issued Artificial Intelligence Diffusion Rule (AIDR) threatens to undermine this leadership and advancement. Among other things, the rule categorizes countries into three tiers, imposing complex restrictions on the purchase of U.S. technology. Only Tier 1 countries—limited to just 18 nations—would have access to American technology. Even these 18 would only have access if they comply with a burdensome and ever-evolving set of federal regulations. The vast majority of nations fall into Tier 2. These countries face arbitrary purchase limits and a cumbersome licensing process to acquire U.S. computing technologies. Strikingly, key allies and partners like Israel have been inexplicably excluded from the top tier and placed into Tier 2. Tier 3 countries, including Communist China, are already rightly restricted.
    While the AIDR claims to provide secure ecosystems for the responsible diffusion of AI, this rushed midnight rule’s impact and overly broad scope will result in consequences that divorce it from its intent. Fundamentally, the rule places burdensome constraints on U.S. companies that would be difficult to comply with and even harder for the Federal government to enforce. Buyers, particularly in Tier 2 countries that are constrained from purchasing U.S. technology, would be incentivized to turn to Communist China’s unregulated, cheap substitutes. Additionally, technology companies in Tier 2 countries could be motivated to create their own AI technology stack that is outside our export control regime. Neither outcome furthers our nation’s long-term economic and national security goals.
    With the compliance deadline of May 15, 2025, rapidly approaching, immediate action is necessary to prevent irreversible damage to American innovation and competitiveness. Every day this rule remains in place, American companies face mounting uncertainty, stalled investments, and the risk of losing critical global partnerships that cannot be easily regained. Therefore, we urge you to withdraw this rule and propose an alternative that is effective in preventing Communist China from capturing the world market in a leading technology without compromising American advantages.
     

    MIL OSI USA News –

  • MIL-OSI USA: Protecting the World’s 5th Largest Economy: Attorney General Bonta, Governor Newsom Sue Trump Administration Over Unlawful Imposition of Tariffs

    Source: US State of California Department of Justice

    Tariffs threaten California’s economy, people, small businesses 

    STANISLAUS COUNTY — California Attorney General Rob Bonta and Governor Gavin Newsom today filed a lawsuit challenging President Trump’s unlawful use of power to impose tariffs and direct the Department of Homeland Security (DHS) and Customs and Border Patrol (CPB) to implement and enforce those tariffs without the consent of Congress. Since early February, the Trump Administration has issued over a dozen executive orders under the International Emergency Economic Powers Act of 1977 (IEEPA) to impose tariffs that have sent shockwaves through financial markets, businesses, and consumers in every corner of the globe. In the lawsuit today, Attorney General Bonta and Governor Newsom challenge the President’s use of the IEEPA to levy those tariffs, arguing that the IEEPA does not authorize the President to impose these tariffs. The emergency tariffs challenged under the lawsuit are projected to, at a minimum, shrink the U.S. economy by $100 billion annually, increase inflation by 1.3%, and cost the average American family $2,100. The economic impact of the President’s unlawful tariffs could have resounding impacts on California’s economy, budget, and consumers. California is a significant and frequent purchaser of goods impacted by the tariffs and the projected increase in cost to the state is significant. 

    “The President’s chaotic and haphazard implementation of tariffs is not only deeply troubling, it’s illegal. As the fifth largest economy in the world, California understands global trade policy is not just a game,” said Attorney General Rob Bonta. “Californians are bracing for fallout from the impact of the President’s choices — from farmers in the Central Valley, to small businesses in Sacramento, and worried families at the kitchen table — this game the President is playing has very real consequences for Californians across our state. I am proud to go to bat alongside Governor Newsom to fight for California’s vibrant economy, businesses, and residents.” 

    “President Trump’s unlawful tariffs are wreaking chaos on California families, businesses, and our economy — driving up prices and threatening jobs,” said Governor Gavin Newsom.“We’re standing up for American families who can’t afford to let the chaos continue.”

    California is the nation’s largest importer and second-largest exporter. The President’s tariffs will impact California’s businesses, including its ports and small businesses that rely on trade. California’s agricultural sector, which exports goods around the world, will also face particularized challenges as other countries impose retaliatory tariffs and decrease trade in response to President Trump’s tariffs. Furthermore, the tariffs directly harm California’s ability to contract, purchase, and sell goods. These effects are already too real: vendors who contract with California have indicated that they will pass their increased costs from President Trump’s tariffs on to the state directly.  

    Claiming authority under the IEEPA, President Trump has issued multiple executive orders to impose, pause, re-start, and modify 25% tariffs on Mexico and Canada and a universal 10% tariff on every other U.S. trading partner. Separately and in addition, the President’s actions have goaded China into a full-blown trade war, with tariffs reaching 145% on Chinese goods, and China imposing reciprocal 125% tariffs on U.S. goods. Additionally, President Trump has imposed individualized reciprocal tariffs of up to 50% on nearly 90 specific countries; they are currently paused for 90 days before going into effect. Once the 90-day “pause” expires, the harms will only compound further. And new tariffs are being contemplated or announced nearly every day. 

    To justify his tariffs, the President has declared national emergencies and extended prior declared emergencies beyond the bounds of reason. But with or without emergencies, the President does not have the power to levy tariffs under the IEEPA.   

    The impacts of President Trump’s dizzying array of tariff plans have already wreaked havoc on our financial systems: the U.S. stock market suffered the largest two-day loss in its history in the two days following the announcement of President Trump’s most sweeping tariffs. These actions and the near-daily threats to impose new tariffs have already inflicted and continue to inflict serious financial harms on California. 

    The complaint filed today alleges that the Constitution expressly gives the authority to impose tariffs to Congress, not the President, and the IEEPA does not provide the required congressional authorization for President Trump to impose tariffs — Congress enacted the IEEPA to limit Presidential authority and to prevent Presidential abuse of power — not to give the President these powers. The complaint asks the court to declare that tariff orders made under the purported authority of the IEEPA are unlawful and void and to halt DHS and CPB from implementing and enforcing these orders.  

    A copy of the complaint is available here. 

    MIL OSI USA News –

  • MIL-OSI USA: Governor Polis and Northern Colorado Manufacturers Discuss Devastating Impacts of Trump Tariff Tax

    Source: US State of Colorado

    LOVELAND – Today, Governor Polis met with manufacturers in Northern Colorado at a roundtable hosted by the Northern Colorado Manufacturing Sector Partnership, to discuss the devastating impacts of Trump’s tariff taxes on the industry and economy. The Governor was joined by more than 35 manufacturers and 30 industry partners. 

    “Today, I heard from Colorado manufacturers who were crystal clear: Trump’s tariff tax increase is bad for our economy, could shutter businesses, and will destroy good-paying jobs, all while raising costs on hardworking Coloradans. The ongoing uncertainty of tariffs being flipped on and off at the whim of the President will continue to worsen the recession and stifle investment. If the President truly cares about American manufacturing, he must ditch these failed tariffs that have already done damage to our economy that could last years,” said Colorado Governor Jared Polis. 

    “The uncertainty of the tariff implementation is making it challenging as we are hearing mixed signals and anxiety from our clients in the electronics industry. We are seeing an uptick in activity to onshore projects from China as our clients are searching for certainty in managing their product costs. We are also watching for early signals of recession due to inflation and economic slowdown, but we are not observing this so far as our production backlog of orders remains strong,” said John Sage, President of Vergent Products. 

    “America’s workforce is among the most educated and capable in the world—we shouldn’t be using that talent to make low-margin consumer goods like toasters. Instead, we should focus on manufacturing the high-value industrial technologies the world needs to modernize its energy systems. That’s how we build resilient supply chains, strong wages, and durable American leadership in the global economy,” said Addison Stark, AtmosZero CEO. 

    Last week, after President Trump nearly started a global trade war and then went back on his threats to enact further tariffs that would raise costs on Americans, Governor Polis urged President Trump to let his failed tariff tax policy go away for good. 

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Durbin Holds Roundtable On Tax Day To Discuss Using Tax Dollars Responsibly To Support Critical Programs

    US Senate News:

    Source: United States Senator for Illinois Dick Durbin
    April 15, 2025
    SPRINGFIELD – U.S. Senate Democratic Whip Dick Durbin (D-IL) today held a roundtable in Springfield with labor leaders, senior advocates, retirees, and small business owners to discuss the need to use tax dollars wisely to fulfill the promise of critical programs like Social Security, instead of cutting taxes for billionaires and raising prices forAmerican families and small businesses via tariffs.
    More than two million Illinoisans depend on the Social Security Administration (SSA) to deliver essential benefits and services, yet customers experience long wait times over the phone and increased time to process disability benefits, while staffing levels at SSA offices continue to decrease. The Trump Administration’s threats to cut tax payer-funded SSA services would further prevent Illinoisans from receiving their benefits.
    “Illinoisans are questioning whether or not they’ll continue to have access to their hard-earned benefits and essential services, while also being crushed by President Trump’s other economic policies, such as his outlandish tariffs,” said Durbin. “Today’s discussion with seniors, small business owners, and labor leaders in Springfield made it clear—these policies do nothing to ‘Make America Great Again,’ they are only making it harder for Illinoisans to get by.”
    Durbin spoke on the Senate floor about the impact President Trump’s tariffs will have on small businesses, manufacturers, consumers, and workers in Illinois, which received $127 billion of imports from China, Canada, and Mexico in 2023. Durbin also joined fellow U.S. Senate Committee on Agriculture member U.S. Senator Amy Klobuchar (D-MN) and 17 of their colleagues in a letter to ask U.S. Trade Representative Ambassador Jamieson Greer for information on how the Trump Administration’s tariffs will impact farmers across the nation.
    -30-

    MIL OSI USA News –

  • MIL-OSI China: Vice premier stresses need to consolidate development confidence, innovation-driven growth

    Source: People’s Republic of China – State Council News

    Vice premier stresses need to consolidate development confidence, innovation-driven growth

    XI’AN, April 16 — Chinese Vice Premier Ding Xuexiang has called for the consolidation of development confidence and strengthened innovation-driven growth to enable steady progress in the country’s high-quality development.

    Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the remarks during an inspection tour in northwest China’s Shaanxi Province from Monday to Wednesday.

    He stressed the importance of promoting the integrated development of sci-tech innovation and industrial innovation, and of accelerating the development of a modern industrial system.

    Work must be done to maintain a fair, organized market order and prevent rat-race competition, Ding said, adding that basic research in the applied sciences should be enhanced.

    He urged more efforts to make breakthroughs in key and core technologies, and efforts to increase support for investment in startups. More should be done to improve vocational education and help graduates find suitable jobs quickly, he said.

    Opening to the outside world is a fundamental national policy for China, and the country is willing to deepen cooperation with all parties to achieve mutual benefits, Ding said.

    Shaanxi should be integrated more deeply into the process of the joint construction of the Belt and Road, and move faster to build a highland for inland reform and opening-up, he noted.

    At a symposium during the tour, Ding called for the effective implementation of central decisions and plans, and for the expansion of domestic demand on all fronts. He also stressed the need to help foreign trade enterprises overcome difficulties, and to make greater efforts to stabilize employment.

    Ding expressed the hope that Shaanxi will give full play to its advantages and strive to write its own chapter of Chinese modernization.

    MIL OSI China News –

  • MIL-OSI China: Vice premier calls for improved flood control capacity, agricultural production

    Source: People’s Republic of China – State Council News

    SHIJIAZHUANG, April 16 — Chinese Vice Premier Liu Guozhong has emphasized the need to improve the flood control and disaster reduction capacities of the Haihe River Basin, and the importance of strengthening spring agricultural production.

    Liu, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks during a research trip to Beijing and Hebei.

    He stressed the importance of implementing the central authorities’ decisions and plans on accelerating the improvement of the flood control system in the Haihe River Basin, and the need to ensure the safety of major cities and infrastructure.

    Liu also called for improving the rain monitoring and forecast system, with strict control over the quality of the entire process, and supervision over the construction progress and use of funds.

    It is necessary to strengthen flood control management and eliminate various kinds of risks and hidden dangers in a timely manner, he said.

    During the tour, he stressed that solid work should be done in spring ploughing and related preparations, and in promoting high-quality summer grain production. He also required efforts to ensure there is no large-scale return to poverty.

    MIL OSI China News –

  • MIL-OSI China: Senior Chinese official highlights reform of elderly care services

    Source: People’s Republic of China – State Council News

    NANNING, April 16 — China will push forward reforms in its elderly care services and improve its civil services, State Councilor Shen Yiqin said during a visit to south China’s Guangxi Zhuang Autonomous Region, which began on Sunday and ended on Wednesday.

    Shen urged efforts to improve the efficiency of elderly care services and build a comprehensive, three-tier service network that covers both urban and rural areas.

    Providing tailored, sustainable paid-meal services for the elderly was highlighted as a priority.

    Shen also stressed the importance of enforcing newly revised marriage registration regulations that aim to improve marriage services and ease registration pains.

    She called for enhanced dynamic monitoring and regular assistance for low-income groups, improved support for children in difficult situations, and reinforced social safety nets.

    Efforts should also be made to improve the social security system for people with disabilities, particularly care services for those with severe disabilities, she said.

    MIL OSI China News –

  • MIL-OSI USA: COLUMN: Kennedy: A Strong End to the 2025 Legislative Session

    Source: US State of Georgia

    By: Sen. John F. Kennedy (R–Macon)

    After twelve weeks of tireless work under the Gold Dome, the 2025 Legislative Session has officially come to a close. My Senate Republican colleagues and I fought each day to protect your freedoms, defend your wallets, and invest in the values that make our state strong. We passed bold, conservative legislation that will support communities across the state, empower families, and ensure taxpayer dollars are spent effectively.

    Our most significant achievement was the passage of House Bill 68, the balanced state budget for Fiscal Year 2025-2026. On Friday, the General Assembly fulfilled its constitutional duty by sending the state’s budget to Governor Kemp’s desk. Our budget priorities fund essential services across our state and reflects our commitment to conservative governance. We’re cutting taxes, funding school choice, and strengthening law and order in our state prisons. Our budget prioritized the gang prosecution task force, strengthens our anti-human trafficking prosecutors, and boosts school safety initiatives that will protect our children from those who wish to cause harm. This budget isn’t just numbers; it’s a roadmap of Republican priorities that put Georgians first.

    This year, Senate Republicans advanced key legislation to benefit hardworking Georgians. HB 112 delivers tax rebates up to $500 for families and HB 111 will reduce our state income tax rate, empowering all Georgians to keep more of their hard-earned money. Before we gaveled out for the year, the Senate gave final passage to SB 1 to protect women’s sports and ensure female athletes are able to compete on a level playing field.   

    I was proud to author and carry Governor Kemp’s key priority, delivering meaningful tort reform to balance our civil justice system and stop frivolous lawsuits that burdened our small businesses, farmers, and job creators. We also prioritized assistance for those affected by Hurricane Helene, allocating millions in disaster aid and created catastrophe savings accounts to encourage responsible storm preparation and establishes tax incentives for Georgians to prepare for future natural disasters. These priorities send a clear message: Georgia takes care of its own, and Senate Republicans will ensure it stays that way.

    School safety was one of our top priorities for the 2025 Legislative Session. House Bill 268 will require schools to implement panic alert systems and require campus mapping to assist first responders in the face of danger, and imposes serious consequences for threats against our students, teachers, and school personnel. HB 268 will also hold those who want to do students harm accountable when they commit acts of violence, because the safety of our schools will never be up for negotiation. At the same time, HB 268 supports mental health programs, suicide prevention and youth violence reduction to guarantee students in crisis get the help they need.

    We also prioritized education, passing key pieces of legislation to improve our public schools. SR 237 will build a stronger workforce pipeline, establish mentorship programs, and improve training for our educators. HB 37 ensures our educators fully understand their retirement benefits, ensuring Georgia remains competitive when recruiting future educators. HB 150, the Combating Threats from China Act, increases transparency around foreign influence in our universities. Finally, HB 371 increases capital outlay funding cap for schools and upgrades Georgia’s playgrounds to meet modern accessibility standards. Because every child deserves a safe place to play and learn.

    This session, we fought hard to protect your rights in the courtroom and restore integrity to our judicial system. SB 259, “Ridge’s Law,” ensures families can seek a second opinion when child abuse is alleged, a crucial safeguard against unjust state interference. I was especially proud to support HB 582, the Georgia Survivor Justice Act, which gives victims of domestic violence a voice in court when they act in self-defense. Justice must consider context, and survivors deserve our full support when they take a stand against abuse.

    Senate Republicans stood firmly to support our veterans, law enforcement and emergency responders. HB 266 eliminates state taxes on military retirement income and incentivizes donations to law enforcement foundations. We also passed SR 8 and SR 231, renaming intersections in honor of fallen officers Deputy Brandon Cunningham and Officer Jeremy Labonte. Their sacrifice will never be forgotten.

    During our final week under the Gold Dome, we proudly recognized Mercer University. It was an honor to welcome the future leaders from an incredible educational institution to the Senate Chamber as we concluded our legislative business.

    On Sine Die, we also approved several key study committees, including the Senate Study Committee to Combat Chronic Absenteeism, an issue I’m deeply committed to addressing during the interim. Earlier this session, I was proud to author and carry Senate Bill 123, which will prevent students from being expelled for missing school and require schools to develop ways of intervening with chronically absent students. Although SB 123 will take the initial steps towards solving the problem of chronic absenteeism, this crisis persists with hundreds of thousands of Georgia children still missing significant parts of their education, putting their growth, learning, opportunities and future success at risk. With this study committee, we will have a vital opportunity to dig into the underlying issues and return to the Gold Dome next year with meaningful solutions that support our students.

    Though the 2025 Session may be over, my service to Senate District 18 continues year-round. Whether it’s legislation, budget priorities, or individual constituent needs, I’m here to serve you — every day, in every season. Although we have finished the 2025 legislative session, my door is always open.

    Let’s keep Georgia strong, safe and free.

    # # # #

    Sen. John F. Kennedy serves as the President Pro Tempore of the Georgia State Senate. He represents the 18th Senate District, which includes Crawford, Monroe, Peach and Upson counties, as well as portions of Bibb and Houston counties. He may be reached at (404) 656-6578 or by email at John.Kennedy@senate.ga.gov.

    For all media inquiries, reach out to SenatePressInquiries@senate.ga.gov.

    MIL OSI USA News –

  • MIL-OSI Global: Why were people so drawn to phrenology?

    Source: The Conversation – UK – By Fenneke Sysling, Assistant Professor in History of Science, Medicine and Colonialism, Leiden University

    B.erne/Shutterstock

    It’s hard to imagine now, but people once believed that the bumps on your head could reveal your personality. For one thing, it’s so hard to locate the bumps on your head, let alone the thirty or so bumps the phrenologists said could be discerned. So why was phrenology such an attractive idea for such a long time?

    Phrenology was the belief that the brain’s activity could be studied by examining the bumps on the skull, in places where the brain pushed outwards. Phrenologists claimed they could read your personality based on how big different bumps were. Initially, after German physiologist Franz Joseph Gall developed the new doctrine around 1800, it was a subject of serious scientific debate. But it was soon labelled quackery by the academic elite.

    But that wasn’t the end of phrenology. In fact, it became more popular in the 19th century, thanks to physician Johann Gaspar Spurzheim who wrote books and gave public lectures in Britain and France – focusing less on skulls and brains, and more on reading the living people. It remained a popular pastime for more than a century, mainly in English-speaking parts of the world but also outside it, for example in China.

    Front page of the American Phrenological Journal and Science of Health, 1880.
    AKaiser/Shutterstock

    Part of the appeal of phrenology was that it gave people a vocabulary to understand themselves and others. With urbanisation and a growing middle class, outside rigid class and religious structures, people were curious about new ways to categorise humankind. In the city, you wouldn’t necessarily know everyone nearby or even your neighbours, so your place in society was less determined.

    This may have led to more freedom but also to insecurity about what your and everyone else’s place was. Phrenology was a new way of classifying others. But it was not only meant to study others, it was also a way to know yourself, just like diary writing which also gained popularity in this period. With the help of phrenology, people could now see themselves as having an individual self, reflected in the shape of their head.

    Those interested could go to a lecture or read a book about phrenology or – if you lived in New York – visit the Phrenological Cabinet, a display of skulls, busts and portraits. If you really wanted to learn something about yourself, you asked a phrenologist for an examination. In the US this would cost you about half a dollar, (US$20 dollars (£15) today). Many popular phrenologists in the UK and the US offered readings. They were often itinerant, setting up shop in hotel rooms or at Brighton Pier in southern England.

    After a reading, clients sometimes received a written assessment, but more usually
    received a cheaper standardised chart that detailed their characteristics. On it, they received a score for typical phrenological characteristics such as adhesiveness (or friendship), spirituality, benevolence and time (the ability to judge the lapse of time, “essential for musicians”).

    The score was based on the phrenologist’s approach. They tended to gauge the size of the bumps in relative size, compared to your other bumps and to other people’s bumps. They claimed that this was a scientific approach, but it gave phrenologists a great deal of freedom in interpretation.

    And – surprise surprise – my analysis of about 160 charts between 1840 and 1940 showed that every single person who received a chart scored above average in most if not all traits.

    The positive results partly explain the appeal of a visit to the phrenologist. Another explanation, writes history professor Michael Sokal, is the Barnum effect. This is the tendency of people to rate descriptions of their personality that supposedly are tailored for them as accurate. In fact, they are often so vague and general that they would apply to almost all people.

    Many people, for example, would agree with the suggestion that they are of above-average intelligence but also experience anxiety and self-doubt sometimes. And, indeed, in my collections of phrenological charts, the trait that on average gets the lowest score was “self-esteem”. If only you work a bit on your self-esteem, is the implicit message, you can be an even better version of yourself.

    Phrenologists were often deterministic when they judged criminals or non-white
    people, based on the skulls or busts they had of people from these categories. Their irregular features or skull shapes apparently condemned them to a life in prison or in slavery.

    But they took a different approach to the middle-class visitors of their offices. The character trait of “destructiveness”, for example, was seen the trait of a murderer, but for a middle-class individual was usually explained as energy for overcoming difficulties.

    According to phrenologists, everyone could play a role in their destiny and people could use their self-knowledge for improvement. Taking time to reflect on the relationship between cause and effect, for example, could slowly increase the size of your “causality” bump, phrenologists said.

    According to early 20th-century phrenologist Stephen Tracht, it took three weeks for a child, three years for a young man, and more once you were 45 or 50, to develop a specific part of the brain.

    These practices show how in phrenology self-knowledge and self-improvement came to be seen as two sides of the same coin. And while not everyone will have accepted their phrenological assessment as an absolute truth and customers often took only the information from it that they liked, phrenology did become part of people’s vocabulary, and with it the message that with the right tools, they could become a better version of themselves.

    Fenneke Sysling received funding from the Dutch Research Council

    – ref. Why were people so drawn to phrenology? – https://theconversation.com/why-were-people-so-drawn-to-phrenology-246646

    MIL OSI – Global Reports –

  • MIL-OSI Asia-Pac: MOFA response to US State Department’s reaffirmation of staunch support for Taiwan in wake of increasing Chinese pressure

    Source: Republic of China Taiwan

    March 19, 2025  

    In response to media inquiries regarding China’s recent joint combat readiness patrols near the Taiwan Strait, the United States Department of State reaffirmed the United States’ commitment to Taiwan across decades and administrations. It stressed that the United States would continue to support Taiwan in the face of China’s military, economic, information, and diplomatic pressure campaigns, as well as reiterating that the United States, along with international partners, staunchly supported cross-strait peace and stability and opposed any attempts to unilaterally change the status quo by force or coercion. It also pointedly noted that China could not issue brazen and irresponsible threats toward Taiwan and still expect the international community to believe in China’s self-proclaimed role as a stabilizing force in a turbulent world.
     
    Regarding China’s comments on the 20th anniversary of its so-called “Anti-secession Law,” the US State Department cited public remarks by Secretary of State Marco Rubio, in which he indicated that the United States would not alter its long-standing position of opposing any unilateral, forced, compelled, or coercive change to the status of Taiwan. The United States further emphasized that what had changed was the threat that China posed to Taiwan, including what Beijing referred to as a set of 22 judicial guidelines to impose criminal punishments on diehard Taiwan independence separatists, issued last year. In particular, the US State Department added that over the past 20 years, China’s intimidation campaign against Taiwan and Taiwan’s supporters in the United States and elsewhere had gone global, threatening free speech, destabilizing the Indo-Pacific region, and eroding norms that had underpinned the cross-strait status quo for decades. The US State Department said that in the face of such provocative and irresponsible actions by China, the United States remained committed to maintaining its ability to deter aggression and resist any use of force or other forms of coercion to protect the Taiwanese people from intimidation and harm. 
     
    Minister of Foreign Affairs Lin Chia-lung thanks the US State Department for reaffirming the United States’ staunch commitment to Taiwan, opposing the use of force or coercion to alter the status quo, and explicitly calling out China’s brazen and irresponsible threats, as well as its attempts to unilaterally change the status quo. 
     
    Recent actions have repeatedly proven that it is China that causes trouble across the Taiwan Strait and around the globe and seeks to unilaterally change the status quo. The international community sees through China’s ruse of attempting to deflect attention away from its own disruptive behavior and hypocrisy to bolster its reputation. 
     
    Taiwan, as a responsible member of the international community, will continue to work with the United States to jointly safeguard peace, stability, and prosperity across the Taiwan Strait and the region. Taiwan urges nations worldwide to demonstrate collective concern over China’s military threats, lawfare and other gray-zone tactics, and unilateral actions that escalate regional tensions.

    MIL OSI Asia Pacific News –

  • MIL-OSI China: Foreign Minister Lin hosts banquet for delegation from New Zealand All-Party Parliamentary Group on Taiwan

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    Foreign Minister Lin hosts banquet for delegation from New Zealand All-Party Parliamentary Group on Taiwan

    • Date：2025-04-15
    • Data Source：Department of East Asian and Pacific Affairs

    April 15, 2025

    No. 096

    Minister of Foreign Affairs Lin Chia-lung hosted a luncheon on April 15 for a delegation from the New Zealand All-Party Parliamentary Group on Taiwan. On behalf of the Taiwan government, he sincerely welcomed the delegation and thanked the New Zealand Parliament for its long-standing and staunch cross-party support of Taiwan. 

     

    Minister Lin emphasized that Taiwan and New Zealand shared the values of freedom, democracy, and human rights. He added that under the Taiwan-New Zealand economic cooperation agreement (ANZTEC), economic, trade, investment, cultural, and indigenous exchanges had continued to grow steadily. In the face of authoritarian expansionism in the Indo-Pacific region, Minister Lin recognized and thanked New Zealand for repeatedly affirming the vital importance of peace and stability across the Taiwan Strait and for firmly supporting Taiwan’s participation in the international community. He expressed confidence that moving forward, both countries would continue working hand in hand to promote regional security and prosperity.

    The delegation was led by Senior Whip of the National Party Stuart Smith. He stated that his first trip to Taiwan had been in 2015 and that he was visiting again now to witness Taiwan’s political and economic development over the past decade. Noting that both Taiwan and New Zealand sought free trade and upheld universal values, he indicated that at a time when countries worldwide were facing geopolitical challenges and trade barriers, exchanging views on issues of common concern was particularly important for New Zealand as it responded to global changes. Labour Party Member of Parliament Tangi Utikere, cohead of the delegation, said that the visit would facilitate the New Zealand Parliament’s understanding of the current state of Taiwan-New Zealand relations and allow it to draw on Taiwan’s experience, making development on both sides more successful.

     The New Zealand All-Party Parliamentary Group on Taiwan was established in 2023 and first sent a cross-party delegation of parliamentarians to Taiwan in 2024. This year, the delegation will remain in Taiwan from April 13 to 18, calling on President Lai Ching-te, meeting with representatives of relevant government agencies, and visiting sites of political, economic, and cultural interest to further the Taiwan-New Zealand partnership. (E)

    MIL OSI China News –

  • MIL-OSI China: Xi puts forward three-point proposal on building high-level strategic China-Malaysia community with shared future

    Source: People’s Republic of China – State Council News

    Xi puts forward three-point proposal on building high-level strategic China-Malaysia community with shared future

    PUTRAJAYA, Malaysia, April 16 — Chinese President Xi Jinping on Wednesday put forward a three-point proposal on building a high-level strategic China-Malaysia community with a shared future.

    Xi made the remarks during his meeting with Malaysian Prime Minister Anwar Ibrahim.

    First, Xi urged the two countries to adhere to strategic independence and carry out high-level strategic coordination.

    Second, both countries should build synergy for development and set a model for high-quality development cooperation, Xi said.

    Third, Xi called for both sides to carry forward their friendship from generation to generation and deepen exchanges and mutual learning between the two civilizations.

    MIL OSI China News –

  • MIL-OSI Asia-Pac: US government officially notifies Taiwan of latest arms sale

    Source: Republic of China Taiwan

    US government officially notifies Taiwan of latest arms sale

    Date：2024-11-30
    Data Source：Department of North American Affairs

    November 30, 2024 
    No. 443 

    The Ministry of Foreign Affairs (MOFA) has received official notification from the United States government that its executive branch has informed Congress of a US$385 million arms sale to Taiwan, including spare parts and support for F-16 aircraft and active electronically scanned array radars as well as improved mobile subscriber equipment follow-on support. MOFA warmly welcomes this news and thanks the US government for continuing to provide the weaponry and services needed for Taiwan’s defense and for honoring its security commitments as outlined in the Taiwan Relations Act and the Six Assurances.
     
    This is the 18th arms sale to Taiwan announced during the Biden administration. It continues the US policy of normalized arms sales that ensure Taiwan has adequate self-defense capabilities and reliable defense capacity in response to China’s threats. The sale highlights the US government’s firm support for bolstering Taiwan’s defense resilience and its high regard for peace and stability across the Taiwan Strait.
     
    Taiwan will continue to demonstrate its commitment to self-defense in response to China’s recurrent military pressure and gray-zone intrusion in the waters and airspace around Taiwan. It will strengthen national defense and whole-of-society resilience, staunchly defend its free and democratic way of life, seek peace through strength, and deepen its close security partnership with the United States. MOFA welcomes further concrete action by the United States and other like-minded partners that advances peace, stability, and prosperity across the Taiwan Strait and throughout the Indo-Pacific. (E)

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Foreign Minister Lin hosts banquet for delegation from New Zealand All-Party Parliamentary Group on Taiwan

    Source: Republic of China Taiwan

    Foreign Minister Lin hosts banquet for delegation from New Zealand All-Party Parliamentary Group on Taiwan

    Date：2025-04-15
    Data Source：Department of East Asian and Pacific Affairs

    April 15, 2025
    No. 096
    Minister of Foreign Affairs Lin Chia-lung hosted a luncheon on April 15 for a delegation from the New Zealand All-Party Parliamentary Group on Taiwan. On behalf of the Taiwan government, he sincerely welcomed the delegation and thanked the New Zealand Parliament for its long-standing and staunch cross-party support of Taiwan. 
     
    Minister Lin emphasized that Taiwan and New Zealand shared the values of freedom, democracy, and human rights. He added that under the Taiwan-New Zealand economic cooperation agreement (ANZTEC), economic, trade, investment, cultural, and indigenous exchanges had continued to grow steadily. In the face of authoritarian expansionism in the Indo-Pacific region, Minister Lin recognized and thanked New Zealand for repeatedly affirming the vital importance of peace and stability across the Taiwan Strait and for firmly supporting Taiwan’s participation in the international community. He expressed confidence that moving forward, both countries would continue working hand in hand to promote regional security and prosperity.

    The delegation was led by Senior Whip of the National Party Stuart Smith. He stated that his first trip to Taiwan had been in 2015 and that he was visiting again now to witness Taiwan’s political and economic development over the past decade. Noting that both Taiwan and New Zealand sought free trade and upheld universal values, he indicated that at a time when countries worldwide were facing geopolitical challenges and trade barriers, exchanging views on issues of common concern was particularly important for New Zealand as it responded to global changes. Labour Party Member of Parliament Tangi Utikere, cohead of the delegation, said that the visit would facilitate the New Zealand Parliament’s understanding of the current state of Taiwan-New Zealand relations and allow it to draw on Taiwan’s experience, making development on both sides more successful.

     The New Zealand All-Party Parliamentary Group on Taiwan was established in 2023 and first sent a cross-party delegation of parliamentarians to Taiwan in 2024. This year, the delegation will remain in Taiwan from April 13 to 18, calling on President Lai Ching-te, meeting with representatives of relevant government agencies, and visiting sites of political, economic, and cultural interest to further the Taiwan-New Zealand partnership. (E)

    MIL OSI Asia Pacific News –

  • MIL-OSI China: Chinese commerce minister calls for efforts to expand service consumption

    Source: People’s Republic of China – State Council News

    BEIJING, April 16 — Chinese Commerce Minister Wang Wentao has called for multiple measures to bolster service consumption, amid efforts to spur domestic demand and economic growth.

    He made the remarks in a signed article published Wednesday in Qiushi Journal, the flagship magazine of the Communist Party of China Central Committee.

    Expanding service consumption is an important lever for stimulating domestic demand across the board, a task that has been identified as the top priority for 2025 in China’s government work report, according to the commerce minister.

    In recent years, service consumption has gained steam in China. Per capita service consumption expenditure in 2024 among residents rose 7.4 percent compared to the previous year, contributing 63 percent to the overall growth in per capita consumption expenditure.

    China has tailwinds to expand service consumption, driven by the unlocking of market potential, upgrading consumption structure and accelerating industry development, according to Wang.

    However, the minister cautioned that several challenges, such as the relatively low level of service industry openness, insufficient supply of high-quality services, and the room for improvement in consumption environment, still pose constrains on the sector’s expansion.

    To further stimulate service consumption, the government plans to roll out policies that support sectors such as household services and digital consumption, Wang said, adding that support will also be directed toward industries related to tourism, ultra-high-definition, the sports events economy, and traditional Chinese medicine health services.

    China will develop fiscal, tax, and financial policies to introduce targeted and practical measures, he said.

    A fresh move in this direction, China on Wednesday unveiled a work plan to boost service consumption. The plan proposes 48 specific measures across a broad spectrum of industries, covering both main service sectors as well as new forms of business and new consumption scenarios.

    MIL OSI China News –

  • MIL-OSI China: Beijing sends first China-Europe freight train in 2025

    Source: People’s Republic of China – State Council News

    Beijing sends first China-Europe freight train in 2025

    Updated: April 16, 2025 20:51 Xinhua
    An aerial drone photo shows a China-Europe freight train bound for Moscow of Russia waiting for departure at a logistics center in Beijing, capital of China, April 16, 2025. Beijing on Wednesday sent its first China-Europe freight train in 2025. It is estimated that the train will cover a distance of about 9000 kilometers in 16 days. [Photo/Xinhua]
    An aerial drone photo shows a China-Europe freight train bound for Moscow of Russia waiting for departure at a logistics center in Beijing, capital of China, April 16, 2025. [Photo/Xinhua]
    An aerial drone photo shows a China-Europe freight train bound for Moscow of Russia waiting for departure at a logistics center in Beijing, capital of China, April 16, 2025. [Photo/Xinhua]
    A China-Europe freight train bound for Moscow of Russia departs from a logistics center in Beijing, capital of China, April 16, 2025. [Photo/Xinhua]
    A China-Europe freight train bound for Moscow of Russia waits for departure at a logistics center in Beijing, capital of China, April 16, 2025. [Photo/Xinhua]
    An aerial drone photo shows a China-Europe freight train bound for Moscow of Russia waiting for departure at a logistics center in Beijing, capital of China, April 16, 2025. [Photo/Xinhua]
    A reach stacker loads a container onto a China-Europe freight train bound for Moscow of Russia at a logistics center in Beijing, capital of China, April 16, 2025. [Photo/Xinhua]

    MIL OSI China News –

  • MIL-OSI China: China prepares to launch Shenzhou-20 crewed spaceship

    Source: People’s Republic of China – State Council News

    JIUQUAN, April 16 — The combination of the Shenzhou-20 crewed spaceship and a Long March-2F carrier rocket has been transferred to the launching area, the China Manned Space Agency (CMSA) said on Wednesday.

    According to the CMSA, all facilities and equipment at the launch site are in good condition, while various pre-launch function checks and joint tests will be carried out as planned.

    The spaceship will be launched at an appropriate time in the near future, the CMSA said.

    MIL OSI China News –

  • MIL-OSI: Kingsoft Cloud Announces Pricing of Public Equity Offering

    Source: GlobeNewswire (MIL-OSI)

    BEIJING, April 16, 2025 (GLOBE NEWSWIRE) — Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading cloud service provider in China, today announced the pricing of its underwritten public offering (the “Public Offering”) of 18,500,000 of American depositary shares (the “ADSs”), each representing 15 ordinary shares of the Company, at a price of US$11.27 per ADS or a total of 277,500,000 ordinary shares at a price of HK$5.83 per ordinary share, based upon each ADS representing 15 ordinary shares and an exchange rate of HK$7.7574 to US$1.00, the spot rate of exchange at the time of pricing. All ADSs will be offered by Kingsoft Cloud. Investors have an option to receive ordinary shares of the Company to be traded on the HKEX (the “Shares”) in lieu of ADSs in this offering.

    Subject to customary closing conditions, the underwriters expect to (i) deliver the ADSs against payment to the purchasers on or about April 17, 2025, on a “T+1” basis, through the facilities of the Depository Trust Company in the U.S.; and (ii) deliver the ordinary shares against payment therefor through the facilities of the Central Clearing and Settlement System in Hong Kong on or about April 25, 2025, on a “T+5” basis. In addition, Kingsoft Cloud has granted the underwriters a 30-day option to purchase up to an additional 2,775,000 ADSs at the Public Offering price, less underwriting discounts and commissions, which purchase, if applicable, will be settled only in ADSs.

    Morgan Stanley Asia Limited, Goldman Sachs (Asia) L.L.C., China International Capital Corporation Hong Kong Securities Limited, Deutsche Bank AG, Hong Kong Branch, The Hongkong and Shanghai Banking Corporation Limited, and Merrill Lynch (Asia Pacific) Limited are acting as the underwriters for the Public Offering.

    Concurrently with, and subject to, among other closing conditions, the completion of the Public Offering, the Company’s existing shareholder, Kingsoft Corporation Limited (“Kingsoft Corporation”) has agreed to purchase from the Company 69,375,000 of its ordinary shares at a price per share equal to the Public Offering price per ordinary shares, in a concurrent private placement (the “Concurrent Private Placement”). The Concurrent Private Placement to Kingsoft Corporation is being made pursuant to Regulation S of the Securities Act of 1933, as amended. The Concurrent Private Placement constitutes connected transactions within the meaning of the Listing Rules of The Stock Exchange of Hong Kong Limited and are subject to, among other conditions, (i) the approval by independent shareholders in a shareholder meeting the Company plans to convene, and (ii) the completion of the Public Offering.

    The gross proceeds to Kingsoft Cloud from the Public Offering and the Concurrent Private Placement, assuming the underwriters do not exercise its option to purchase additional ADSs, before deducting underwriting discounts and commissions and other offering expenses, are expected to be approximately US$260.7 million. The Company plans to use the net proceeds from the Public Offering and the Concurrent Private Placement for (i) investments in upgrading and expanding infrastructure, (ii) investments in technology and product development, and (iii) general corporate and working capital purposes.

    The ADSs and ordinary shares are offered in the Public Offering pursuant to an automatic shelf registration statement on Form F-3 filed with the SEC and is available on the SEC’s website at http://www.sec.gov. A preliminary prospectus supplement and an accompanying prospectus related to the proposed Public Offering have been filed with the SEC and are available on the SEC’s website at http://www.sec.gov. The final prospectus supplement will be filed with the SEC and will be available on the SEC’s website at: http://www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus may be obtained by contacting Morgan Stanley Asia Limited, c/o Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, United States, or by telephone at +1-866-718-1649 or by emailing prospectus@morganstanley.com; Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing Prospectus-ny@ny.email.gs.com; China International Capital Corporation Hong Kong Securities Limited, 29/F International Finance Center, No.1 Harbor View Street, Central, Hong Kong, by email at ecm_supernova_plus@cicc.com.cn; Deutsche Bank AG, Hong Kong Branch, Attention: Asia Equity Capital Market, Level 60, International Commerce Centre, 1 Austin Road West Kowloon, Hong Kong, or by phone at +852 2203-8166 or by email at asia.ecm.internal@list.db.com; HSBC Securities (USA) Inc. sales representative or by emailing ny.equity.syndicate@us.hsbc.com; or Merrill Lynch (Asia Pacific) Limited, c/o BofA Securities, Inc., Attention: Prospectus Department, One Bryant Park, New York, NY, 10036, United States, or by telephone at +1 (800) 294-1322 or by email at dg.prospectus_requests@bofa.com.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy ADSs, Shares or any other securities of the Company, nor shall there be any sale of ADSs or Shares in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to”, “could”, “potential” or other similar expressions. Among other things, the Business Outlook, and quotations from management in this announcement, as well as Kingsoft Cloud’s strategic and operational plans, contain forward-looking statements. Kingsoft Cloud may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Kingsoft Cloud’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Kingsoft Cloud’s goals and strategies; Kingsoft Cloud’s future business development, results of operations and financial condition; relevant government policies and regulations relating to Kingsoft Cloud’s business and industry; the expected growth of the cloud service market in China; Kingsoft Cloud’s ability to monetize its customer base; general economic and business conditions in China and globally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Kingsoft Cloud’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Kingsoft Cloud does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    About Kingsoft Cloud Holdings Limited

    Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX:3896) is a leading cloud service provider in China. With extensive cloud infrastructure, cutting-edge cloud-native products based on vigorous cloud technology research and development capabilities, well-architected industry-specific solutions and end-to-end fulfillment and deployment, Kingsoft Cloud offers comprehensive, reliable and trusted cloud service to customers in strategically selected verticals.

    For more information, please visit: http://ir.ksyun.com.
      
    For investor and media inquiries, please contact:

    Kingsoft Cloud Holdings Limited
    Nicole Shan
    Tel: +86 (10) 6292-7777 Ext. 6300
    Email: ksc-ir@kingsoft.com

    The MIL Network –

  • MIL-Evening Report: Second leaders’ debate is a tame affair befitting a ‘deeply uninspiring’ campaign

    Source: The Conversation (Au and NZ) – By Andy Marks, Vice-President, Public Affairs and Partnerships, Western Sydney University

    Prime Minister Anthony Albanese and Opposition Leader Peter Dutton have had their second showdown of the 2025 federal election campaign. The debate, hosted by the ABC, was moderated by David Speers in the national broadcaster’s studios in Western Sydney.

    The leaders were asked a wide range of questions on topics such as negative gearing, nuclear energy and Australia’s relationships with the US and China. But the debate was kicked off on housing, which has been a major focus of the campaign over the last few days.

    So, how did it shape up, and how did it compare to the first debate a fortnight ago? Three experts give their analysis.

    Matthew Ricketson, Deakin University

    Ahead of tonight’s debate, commentators predicted it would have little impact because most people no longer get their news from television and because the election campaign has been deeply uninspiring.

    That’s partly an index of how drastically the media landscape has changed. As recently as 2010, nearly 3.4 million people tuned in to watch the debate between Julia Gillard and Tony Abbott, which was broadcast on all three commercial networks, as well as the ABC. That number showed evidence of widespread interest in politics.

    The number of viewers’ advance questions to the ABC tonight also illustrated keen interest, particularly on issues like the plight of potentially lifelong renters in an overheated housing market and the urgent need to tackle climate change.

    The second leaders’ debate didn’t become heated or hostile. Both the prime minister and the opposition leader stayed relentlessly on-message.

    As is well known, Albanese is no Cicero, but he was well prepared and generally clear. He was stronger on housing than his opponent, but clearly did not want to get trapped predicting energy prices again, as he had during the 2022 campaign.

    Dutton was also clear when he focused on the issue at hand. His strongest line was one he used at least three times: are you better off now than you were three years ago? It is a line used by US President Donald Trump during his successful campaign last year.

    But it was on Trump that Dutton tied himself in knots, asserting he would be able to get a deal done with Trump when virtually no one else has and then saying he did not know him. Huh?

    He was also defensive when pressed on his nuclear policy and he was all over the shop on climate change.

    Befitting the current election campaign, there were meme-able moments on offer for both. Dutton got out his line about Albanese having a problem with the truth. But he coughed up his own when he admitted making a mistake in saying Indonesian President Prabowo Subianto had “publicly announced” Russia had asked his country for a base for its aircraft.

    Michelle Cull, Western Sydney University

    After both leaders finished their opening statements in good spirits, the debate quickly turned to housing. As suggested by host David Speers, both parties have “put forward ideas that a lot of experts and economists are warning will only push up prices even more”.

    So, could the leaders explain how their plans will make housing more affordable in five or ten years?

    Albanese said his party had a plan for both demand and supply. He mentioned the Building Australia’s Future Fund to build more public housing, Build to Rent scheme to increase the private rental supply, and the 5% deposit for first home buyers. He also made note of the 100,000 homes that would be allocated only to first home buyers.

    Dutton blamed Albanese for the current housing crisis. He promoted the Coalition’s plans to allow first home buyers access up to $50,000 of their superannuation to buy a home and a planned $5 billion infrastructure fund to free up to 500,000 new home lots. Reducing immigration and foreign ownership also rated a mention.

    Dutton explained the most important part of the Coalition’s plan was to allow first home buyers a tax deduction for interest on the first $650,000 of their mortgage. When questioned about this favouring higher income earners, Dutton quickly responded that the average taxpayer would save around $11,000 a year.

    Talking tax, this provided the perfect opportunity for Speers to pose the question that many viewers wanted to ask – why are both parties not willing to review the tax breaks for investors and the capital gains tax discount?

    Dutton jumped at the chance to challenge Albanese about the modelling on negative gearing conducted by Treasury for the government last year. Albanese replied Treasury was just doing their job and looking at ideas.

    The host reminded both leaders that they themselves are property investors. When pressed about possibly placing limits on the number of properties held by investors, Dutton argued there should be no limit as we need the rentals.

    Talking rentals, Dutton said renters’ rights were up to the states, while Albanese said his party has delivered the Renter’s Rights Program and increased rental assistance.

    Andy Marks, Western Sydney University

    For the second leaders’ debate, the ABC’s new Parramatta digs, Studio 91, felt more like the legendary New York dance club, Studio 54. Prime Minister Anthony Albanese and Opposition Leader Peter Dutton stuck to their steps while the host, “DJ” David Speers, tried to disrupt their rhythm.

    Dutton opened with the Reaganesque classic, asking viewers: “Are you better off than you were three years ago?”. Albanese countered by saying Australians have done the “hard work” over the past three years, then adding, “there’s much more work to do”.

    Dutton wanted to talk about renters. Labor’s policies, he argued, would “drive up the cost of rents”. Albanese held out, preferring to talk first home buyers. “We need to give people a fair crack”, he said.

    Dutton retorted, we need to “give young Australians a go”. A “crack” or a “go”. Both options have “hit” written all over them.

    Speers then changed tunes, turning to the old election stalwart, spending versus revenue.

    “We have improved the bottom line”, Albanese assured viewers. That claim “defies the reality”, Dutton responded. Speers asked Dutton, “Where do you cut?”. No answer. Speers then quizzed Albanese. “When will power bills come down?” No answer.

    “I’m friends with Keir Starmer”, Albanese suddenly volunteered, cautioning against the Coalition’s nuclear energy plans. The UK prime minister, Albanese said, regrets his country’s nuclear adventures.

    Crossing the Atlantic, Dutton remarked, the Coalition has an “incredible relationship” with the Trump administration. The government’s current ambassador, Kevin Rudd, “can’t get a phone call with the president”, he said. The former ambassador, Joe Hockey, “used to play golf with him.”

    The second leaders’ debate traversed the dance floor to the golf course, but got no closer to differing visions for the country.

    In a rare moment of harmony, Albanese and Dutton concurred: both sides of government have failed Indigenous Australians. No debate there.

    Michelle Cull is an FCPA member of CPA Australia, member of the Financial Advice Association Australia and President Elect of the Academy of Financial Services in the United States. Michelle is an academic member of UniSuper’s Consultative Committee. Michelle co-founded the Western Sydney University Tax Clinic which has received funding from the Australian Taxation Office as part of the National Tax Clinic Program. Michelle has previously volunteered as Chair of the Macarthur Advisory Council for the Salvation Army Australia.

    Andy Marks and Matthew Ricketson do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Second leaders’ debate is a tame affair befitting a ‘deeply uninspiring’ campaign – https://theconversation.com/second-leaders-debate-is-a-tame-affair-befitting-a-deeply-uninspiring-campaign-254466

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI China: Chinese mainland opposes any military ties between US and Taiwan

    Source: China State Council Information Office 2

    The Chinese mainland resolutely opposes any military ties between the United States and Taiwan, a spokesperson said on Wednesday, noting that the Taiwan question is China’s internal affair and allows no external interference.
    “We urge the United States to stick to the one-China principle and the three China-U.S. joint communiques, handle the Taiwan question with the utmost caution, and stop instigating separatists to pursue secession by force,” said Zhu Fenglian, a spokesperson for the Taiwan Affairs Office of the State Council.
    She also warned Taiwan’s Democratic Progressive Party (DPP) authorities that seeking independence with the support of the United States is an erroneous path and resorting to military means will lead to a dead end.
    In response to a media inquiry about a U.S. military commander’s claim that the United States should deploy autonomous systems to the Taiwan Strait, Zhu said this once again proves that the DPP authorities’ collusion with external forces in pursuit of secession and provocation will only raise the risk of conflict and war and plunge the people in Taiwan into the abyss of disaster.
    Zhu urged the United States to stop meddling in the Taiwan question, cease fueling tensions and stirring up trouble in the Strait, and avoid sending wrong signals to “Taiwan independence” separatist forces.
    Zhu also responded to a media query about recent remarks by a soon-to-be undersecretary of the Pentagon that Taiwan’s “defense budget” should approach 10% of its GDP, saying such remarks are aimed at selling more weapons to Taiwan to benefit the U.S. military-industrial complex.
    She warned the DPP authorities that paying “protection fees” to the United States will not bring security — instead, it will hasten Taiwan’s slide into a dangerous situation.
    Regarding a recent statement by the G7 foreign ministers and the High Representative of the European Union concerning recent Chinese military exercises around Taiwan, Zhu reiterated that these drills were conducted to deter, punish and warn against separatist attempts and external interference.
    She emphasized that such actions are necessary and justified to safeguard national sovereignty and territorial integrity.
    If relevant countries genuinely desire peace across the Strait, they should earnestly abide by the one-China principle and stand out against “Taiwan independence,” she said.

    MIL OSI China News –

  • MIL-OSI China: Chinese economy firms up recovery in Q1, ready to navigate uncertainties

    Source: China State Council Information Office

    China’s economy started 2025 on solid footing, bolstered by a structural shift toward domestic demand and innovation, positioning the country to better weather global uncertainties.

    The country’s gross domestic product (GDP) grew 5.4% year on year to 31.8758 trillion yuan (about $4.42 trillion) in the first quarter of 2025, data from the National Bureau of Statistics (NBS) showed Wednesday.

    China’s GDP grew 5% year on year in 2024 and the country has targeted its full-year economic growth at around 5% for this year.

    The country’s economy delivered a strong start in the first quarter, ranking among the highest of the world’s major economies, Sheng Laiyun, deputy head of the NBS, told a press conference Wednesday.

    At the same time, Sheng cautioned that the external environment has become increasingly complex and challenging, with a rapid rise in global trade protectionism and growing strains on the international economic order.

    China has made thorough policy preparations to address external changes, Sheng said, noting that a series of targeted marco policies have already taken effects and that more incremental policies will be introduced as needed to mitigate external shocks.

    SOLID START

    Highlighting broad-based improvements across key indicators, Sheng pointed out that value-added industrial output expanded 6.5% year on year. In March alone, the industrial output grew 7.7% from one year earlier.

    During the period, fixed-asset investment went up 4.2% year on year, with investment in infrastructure construction rising 5.8%, and manufacturing investment increasing 9.1%, according to the NBS data.

    Retail sales of consumer goods, a major indicator of the country’s consumption strength, gained 4.6% year on year.

    Supported by targeted policies to boost consumption, service-related spending also picked up pace. In the first quarter, retail sales of services grew 5% year on year, outpacing goods retail by 0.4 percentage points.

    Wednesday’s data also showed that the country’s per capita disposable income increased by 5.5% year on year in nominal terms to 12,179 yuan in Q1, with the employment situation remaining stable.

    Sheng credited these improvements to decisive policy support, local-level responsiveness, and the rapid buildup of innovation-driven momentum.

    Noting that China’s massive market, backed by a population of 1.4 billion and a per capita GDP exceeding $13,000, offers substantial room for both consumption and investment, Sheng said this strong domestic demand potential will continue to support the country’s sustained economic growth.

    FASTER UPGRADE

    China has been steadily advancing structural upgrading and high-quality development, with its growth model shifting fundamentally from one driven by investment and exports to one increasingly powered by domestic demand and innovation, Sheng stressed.

    Over the past five years, domestic demand has contributed more than 80% of the country’s economic growth on average, he added.

    As part of its move to make domestic demand the main engine and anchor of economic growth, China unveiled a targeted consumption-boosting plan in March. The initiative reflects the policy direction outlined in this year’s government work report, which emphasizes improving living standards and boosting consumer spending.

    New consumption scenarios are rapidly emerging with the rise of big data and AI, Sheng said, citing movie “Ne Zha 2” as an example of booming cultural demand that reflects the country’s vibrant consumer innovation and growth potential.

    Emerging sectors such as the digital economy are playing an increasingly important role in China’s growth, with new drivers expanding steadily and contributing to greater economic resilience and long-term stability, Sheng said.

    Regarding foreign trade, Sheng noted that a more diversified export structure is emerging, lowering reliance on any single trading partner.

    When asked about the impact of U.S. tariff hikes, Sheng said they “may exert short-term pressure on China’s economy and foreign trade, but will not alter the country’s long-term positive outlook,” pointing to China’s firm fundamentals, diverse strengths, strong resilience, and substantial growth prospects.

    China is well prepared to address all uncertainties, Chinese Premier Li Qiang said when presiding over a symposium with economic experts and entrepreneurs on April 9.

    Li noted that it is particularly crucial to ensure effective economic work in the second quarter and beyond, stressing that it is necessary to implement more proactive macro policies and introduce new incremental policies in a timely manner in light of the needs of the situation. 

    MIL OSI China News –

  • MIL-OSI China: Xi urges joint efforts to build high-level strategic China-Malaysia community with shared future

    Source: China State Council Information Office

    Chinese President Xi Jinping attends a welcome ceremony held by Malaysian King Sultan Ibrahim Sultan Iskandar in Kuala Lumpur, Malaysia, April 16, 2025. Xi met with Malaysian King Sultan Ibrahim Sultan Iskandar at the National Palace in Kuala Lumpur on Wednesday. [Photo/Xinhua]

    Chinese President Xi Jinping said Wednesday that China is ready to work with the Malaysian side to build a high-level strategic China-Malaysia community with a shared future, so as to usher in new “Golden 50 Years” for bilateral ties.

    Xi made the remarks when meeting with Malaysian King Sultan Ibrahim Sultan Iskandar during a state visit to the country. Prior to their meeting, Sultan Ibrahim held a grand welcome ceremony for Xi.

    During the meeting, Xi pointed out that China and Malaysia are good neighbors, good friends and good partners who visit each other as often as family. Bilateral relations have gone through a magnificent half-century and are embracing an even brighter future, he added.

    Xi said he is ready to work with Sultan Ibrahim, the Malaysian supreme head of state, to lead the long-term and stable development of China-Malaysia ties, and write a new chapter in good-neighborliness, friendship, solidarity and cooperation.

    China and Malaysia should continue to deepen political mutual trust and support each other on issues concerning their respective core interests and major concerns, Xi said.

    The two sides should deepen the synergy of development strategies, draw on each other’s strengths for mutual benefit and win-win results, and jointly pursue modernization, he said.

    He called on the two sides to ensure good implementation of major projects such as the “Two Countries, Twin Parks” program and the East Coast Rail Link, and to actively foster cooperation in future industries such as artificial intelligence, digital economy and green economy.

    China welcomes more high-quality Malaysian agricultural products to the Chinese market, and encourages Chinese enterprises to invest in Malaysia, he said.

    China stands ready to promote the Confucian-Islamic civilizational dialogue with Malaysia and to carry out further cooperation with Malaysia in culture, tourism and education to enhance people-to-people exchanges between the two countries, said the Chinese president.

    China supports Malaysia in its role as the ASEAN chair and stands ready to work with Malaysia to implement the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative, Xi said.

    He also urged joint efforts to promote the Global South’s pursuit of solidarity-driven collective advancement and common development, so as to contribute more certainty and positive energy to the region and the world.

    For his part, Sultan Ibrahim said that President Xi’s state visit to Malaysia is a major event in bilateral relations, which fully demonstrates the high level of Malaysia-China relations, adding that his successful visit to China last September is still fresh in his memory.

    Sultan Ibrahim said he believes that Xi’s visit will comprehensively upgrade bilateral relations and promote vigorous development of cooperation in various fields, adding that China’s impressive development achievements are attributable to the foresight of President Xi and the hard work of the Chinese people.

    Malaysia attaches great importance to its relations with China and will join hands to forge ahead for win-win cooperation and promote the building of the high-level strategic China-Malaysia community with a shared future no matter how the international landscape evolves, he said.

    Malaysia attaches importance to regional economic integration, firmly supports the Belt and Road Initiative, and is ready to strengthen trade and investment cooperation with China, jointly stabilize industrial and supply chains, enhance connectivity and boost people-to-people and educational exchanges, said Sultan Ibrahim.

    The Malaysian side speaks highly of China’s central conference on work related to neighboring countries held recently and values China’s important role in addressing global and regional challenges, he said.

    As the rotating chair of ASEAN and country coordinator for ASEAN-China Dialogue Relations, Malaysia is committed to promoting greater development of ASEAN-China ties and jointly building a peaceful and prosperous future, he added.

    After the meeting, Xi attended the welcome banquet held by Sultan Ibrahim.

    1   2   3   4   5   6   7   >  

    MIL OSI China News –

  • MIL-OSI China: New global headquarters for int’l commercial dispute resolution body opens in Beijing

    Source: China State Council Information Office

    The International Commercial Dispute Prevention and Settlement Organization (ICDPASO) has inaugurated its new global headquarters in Beijing, marking a milestone in its expansion as a key player in resolving cross-border commercial disputes.

    Established in October 2020 under the initiative of the China Council for the Promotion of International Trade (CCPIT), the ICDPASO is the first non-governmental international body integrating dispute prevention and settlement services for international commercial entities.

    At a high-level dialogue coinciding with the launch on Tuesday, CCPIT Chairman Ren Hongbin emphasized the organization’s growing relevance amid rising unilateralism, protectionism, and uncertainties in global commerce.

    The ICDPASO’s focus on dialogue and mediation has effectively aided businesses in resolving disputes while fostering international cooperation, said Huang Wei, vice director of the Legislative Affairs Commission of the National People’s Congress Standing Committee, highlighting its contributions to trade facilitation.

    Jointly founded by the China Chamber of International Commerce and industrial, commercial and legal service institutions from more than 40 countries and regions, the ICDPASO currently boasts 51 member institutions involving over 100 countries and regions, with its case resolution volume increasing by about 60 percent annually since inception.

    It has also issued guidelines for commercial mediation, arbitration, and investment dispute practices.

    MIL OSI China News –