Category: China

  • MIL-OSI China: Registration mandatory for social organizations

    Source: China State Council Information Office 2

    China will continue efforts to clamp down on illegal social organizations that harm individuals and the public interest, the Ministry of Civil Affairs said in a recently released guideline.
    The guideline clarifies that unregistered societies or groups, as well as those that have had their licenses revoked, are prohibited from organizing activities under the name of a social organization, foundation or private non-enterprise institution. Any such activity will result in the group being labeled an illegal social organization.
    Organizations operating without official permission while in their preparatory periods are also classified as illegal, according to the guideline.
    County-level authorities will be responsible for cracking down on illegal social organizations whenever their activities are detected. If an illegal group operates across multiple provinces, the civil affairs ministry or designated authorities will oversee enforcement.
    Authorities will have the power to hold regulatory talks with suspected organizations or individuals, conduct on-site investigations and review materials such as contracts, receipts, meeting records, financial ledgers and promotional materials.
    Local authorities must publicly announce and issue written decisions once an organization is confirmed to be illegal. The decision must include the organization’s name and details of its illegal activities and bear an official stamp.
    Individuals suspected of violating national laws — including fabricating, concealing or destroying evidence, providing false information, or obstructing investigations — will be referred to public security organs for further investigation.
    The guideline also states that any organization, company or individual has the right to report illegal social organizations. Supervisory authorities must publish phone numbers, email addresses and postal addresses for public reporting.
    The new guideline will take effect on May 1, replacing an interim version introduced in 2000.
    The ministry has intensified its oversight of social organizations in recent years, launching several crackdowns that have curbed illegal activity and protected public interests.
    Last year, civil affairs authorities at all levels handled 1,066 cases involving illegal social organizations.
    In December, the ministry published 10 cases highlighting illegal activities.
    In one case, an unauthorized group illegally organized a fraudulent arts competition using the name of the Belt and Road Initiative. It collected individuals’ personal information through illegal means and defrauded them by sending fabricated award lists. The Beijing Municipal Civil Affairs Bureau shut down the organization in January last year.
    By the end of 2023, China had about 881,600 registered social organizations, a decrease of 9,700 from the previous year, according to a recent report by the Chinese Academy of Social Sciences. Education-related organizations accounted for about 31 percent, while 16 percent focused on social services.

    MIL OSI China News

  • MIL-OSI China: Guidelines to tackle crimes involving kids

    Source: China State Council Information Office 2

    China’s top prosecutors will collaborate with relevant departments this year to develop guidelines for handling the approval and prosecution of cases involving serious violent crimes committed by minors, officials from the Supreme People’s Procuratorate said.
    Deputy Procurator-General Gong Ming said at a news conference on Thursday that the SPP and other departments will also research and formulate guidelines this year on strengthening tiered intervention and correction for criminal and wrongful behavior exhibited by minors. China has long upheld the principle of “education first, punishment second” in handling juvenile offenses.
    Juvenile crime came under intense scrutiny last year after two teenage boys were convicted of killing their classmate for money in Handan, Hebei province. One of the boys was sentenced to life in prison, and the other to 12 years. The offenders and the victim were all 13 when the crime occurred in March.
    Meanwhile, procuratorial authorities intensified efforts last year to crack down on adults who coerce, lure or instigate minors to engage in criminal activities, said Xian Jie, head of the SPP’s office for minors’ affairs.
    The SPP has also ensured that those who commit serious crimes against minors — including violent assault, rape, sexual assault, abduction and trafficking — will be severely punished in accordance with the law, Xian said.
    Procuratorial authorities approved the arrest of suspects in more than 43,000 cases involving crimes against minors and prosecuted over 55,000 such cases in 2024, Gong said.
    From January to November 2024, prosecutors sent specialists to intervene in investigations of more than 21,000 major and complex cases involving minors. They also supervised the filing of cases involving crimes against minors for nearly 1,900 individuals and rectified missed arrests for almost 900, Xian said.
    Additionally, 400 protests were lodged against court rulings in cases where adults committed crimes against minors in the first 11 months of 2024, she said.
    Procuratorial authorities have also actively engaged in public interest litigation to protect minors and safeguard their rights.
    “The procuratorial organs take a problem-oriented approach, focusing on issues such as food safety around school campuses, minors’ personal information security and internet cafes admitting minors — concerns strongly reflected by the public,” Xian said.
    Prosecutors have also emphasized protecting the rights of juvenile offenders and ensuring they are not discriminated against when seeking education and employment.
    In one case disclosed at the news conference, a man surnamed Yu, who was sentenced to two years in prison with a three-year reprieve in 2012 for robbery at age 16, struggled to find a job because his criminal record was improperly disclosed to employers. Under Chinese law, juvenile criminal records should not be accessible to the public.
    On June 17, 2024, Yu applied to the procuratorial authority of Chang’an district in Xi’an, Shaanxi province, to review his case. After an investigation, prosecutors found that local public security departments had failed to seal his criminal record. Authorities then ordered the departments to correct the mistake. Yu received a certificate of no criminal record on July 5 and later found employment.

    MIL OSI China News

  • MIL-OSI China: Guangzhou gears up for low-altitude unmanned aircraft operations

    Source: China State Council Information Office

    Unmanned aerial vehicles will start commercial operation in 2025, with more low-altitude aircraft entering the airworthiness certification and pilot application stage in Guangzhou, the capital of Guangdong province, according to Chen Tengfei, a deputy to the annual local legislative meeting, on Thursday.

    “Construction of airworthiness certification and flight test service infrastructure and creating demonstration application scenarios play an important role in industrial development,” said Chen, who is also chief designer at EHang Holdings Limited, one of the world’s leading urban air mobility technology companies.

    Chen noted that expanding test infrastructure and developing more application scenarios will enable the sector to thrive, driving industrial expansion and contributing to high-quality economic development.

    EHang obtained a Type Certificate and Standard Airworthiness Certificate for its EH216-S model unmanned aircraft from the Civil Aviation Administration of China in April 2024, becoming the first company ever to do so.

    Guangzhou formulated a regulation on the development of the low-altitude economy in 2024, which has given enterprises related to the industry confidence in future growth, according to Chen.

    “Companies in the low-altitude industry need more support in areas with clear scenarios and relatively fixed routes, such as urban management, healthcare, logistics, emergency rescue and air travel,” Chen said while citing a suggestion to the annual local legislative meeting.

    MIL OSI China News

  • MIL-OSI China: Walmart posts strong sales growth in China

    Source: China State Council Information Office

    International retail giant Walmart Inc. saw strong sales growth in China during its fiscal quarter ending Jan. 31, according to the latest earnings report issued by the company on Thursday.

    Walmart reported 5.1 billion U.S. dollars of net sales in China on a constant currency basis in the previous quarter, rising 27.7 percent year on year, higher than the growth rate of 16 percent to 17 percent in the previous three quarters.

    Meanwhile, Walmart International had 34.3 billion U.S. dollars of net sales on a constant currency basis in the last quarter up 5.7 percent year on year.

    In particular, Walmart registered 34 percent of growth in eCommerce sales in China in the previous quarter thanks to continued strength in Sam’s Club and eCommerce.

    Sales growth was positively affected by an earlier Lunar New Year shopping season, said Walmart.

    Walmart generated 674.538 billion U.S. dollars of net sales in fiscal year 2025, up 5 percent. The company realized 2.41 U.S. dollars of diluted net income per common share attributable to Walmart in the period, up 26.2 percent year on year, according to the latest earnings.

    Still, Walmart forecasted slower growth in both revenues and net income in fiscal year 2026 which starts from Feb. 1. 

    MIL OSI China News

  • MIL-OSI USA: King to Senate Colleagues: “We’ve Got to Wake Up [and] Protect this Institution”

    US Senate News:

    Source: United States Senator for Maine Angus King
    To watch the floor speech click here
    WASHINGTON, D.C.— U.S. Senator Angus King (I-ME) today spoke on the Senate floor to share his growing concerns over the Trump Administration’s largely unconstitutional and unprecedented overreach – sharing the usurpation of Congressional Authority that has now reached the constitutionally-directed ‘power of the purse.’  In the speech, King also shared the detrimental impacts of reckless, indiscriminate government cuts on critical federal functions like management of the national parks and care for our veterans:
    The news is coming so hard and fast these days, that it’s hard to sort it all out. Every day seems to be something new that captures our attention, our concern, our interest. And what I’d like to do today is try to put some of it in perspective and what’s going on in our governing of this country. I don’t believe what I’m going to be talking about today is partisan. It should not be partisan because what I’m really talking about is competent government and constitutional government.  Really two categories — competent government and constitutional government. That should not be a controversial issue. Neither of those are something that we should be arguing about. It’s what we have a responsibility to carry through in terms of our jobs here in the U.S. Senate. So the two categories I want to talk about — my headings are thoughtless and dangerous. 
    First I want to talk about thoughtless. The hiring freeze. A hiring freeze can be an effective tool if it’s used thoughtfully and systematically. But to do it across the board without a process for exceptions that’s built into it, you end up with all kinds of unintended and negative consequences. Firefighters, parks, losses elsewhere by attrition. There should be a systematic exemption process. Now it’s haphazard and random. Park seasonal employees first were under the hiring freeze, now they’re not. It’s sort of like, oh, oh, or, we’re going to be okay without park seasonal employees. VA frontline health workers were at first subject to the hiring freeze then people said, oh, no, we didn’t mean doctors and nurses, so that’s okay. You can hire them. My point is it’s not a rational process. It’s ready, fire, aim. Literally, ready, fire, aim is what we’re talking about and people aren’t doing this in a thoughtful and systematic way. And, by the way, the difference between frontline deliverers of care at the V.A. and the people who answer the phone who are categorized as bureaucrats, I don’t think there’s a stark difference there. If you’re a veteran and are seeking care and an appointment at a V.A. health facility and nobody answers the phone, that’s a denial of benefits. That’s a denial of benefits, just as if they close the door in your face. That’s what we’re talking about, is weakening the systems that are serving our public. 
    The hiring freeze, it’s possible to do a hiring freeze. When I was governor of Maine, I instituted a hiring freeze, but we did it in a systematic and thoughtful way. We had a process for dealing with exemptions and without destroying the morale and throwing the entire operation of government into chaos. And, by the way, why do we have the government? To serve the people. To serve the people. 
    So let’s talk about the next step: the firings. The famous fork in the road letter is a perfect example of a thoughtless way to approach a problem. The letter went to everybody. The letter wasn’t selective. It went to everybody — all civilians in the CIA, in the National Security Agency, in the Defense Department. Also, of course, all the other civilian agencies. But it wasn’t targeted in a way. If you want to leave federal service, we’ll pay you through September, but it hit everybody. Again, it’s not a rational or thoughtful way to trim the federal workforce. You should be talking about where are we do we have too many people, do we have overstock in terms of public servants and where do we need more, for example. But instead it went to everybody. By definition, that’s not a rational process. Firing — let me just put this in perspective, by the way. On the fork in the road letter, the estimate is as of today 75,000 people have taken that option and left. And I suppose the people who are behind this think that’s a great victory. The dollars saved from those 75,000 people represent one tenth of one percent of the federal budget. So people out who are seeing, we’re cutting the budget, we’re cutting, we’re saving, we’re saving the taxpayers money. One tenth of one percent. Given the chaos and the uncertainty and the deletion of services to our American people, I would argue that’s not worth it. One tenth of one percent. Everyone got these letters. People are being fired now in the CIA, FBI, the V.A., and on this letter, what if only the best people take the option to leave? Then you’ve really shot yourself in the foot. You’ve encouraged people who were going to retire anyway or who could get a better job in the private sector. So it’s an anti-intelligent way to handle this. 
    And then you got situations like at the Department of Energy, the first weekend they fired 350 people in the National Nuclear Security Administration, the people who handle nuclear materials and are responsible for our nuclear stockpile. They fired I think it was something like 20% of the personnel. Three or four days later, they realized, uh oh that was a mistake. A good, solid, thoughtful process wouldn’t have made a mistake like that. They would have realized from the outset that these are jobs that we aren’t going to be firing, we aren’t going to be eliminating. It seemed to be based on some kind of quota. I don’t know what it is. And then — okay, now we’re seeing everybody being fired who’s on probation. Probationary people, people who work for the government for less than a year or two. Okay, again that’s arbitrary — that’s arbitrary. Being on probation doesn’t mean you’re an effective or not an effective employee. You could be one of the best employees in the whole federal government and you just came on and yet you’re going to be fired. It has nothing to do with the productivity or skill of the worker. It has nothing to do with the importance of the position. It has nothing to do with the effectiveness of the agency in question, serving the people of Maine. If you’re probationary, you’re gone. Here’s another thing about probation. It turns out in the federal government, if you’re promoted, you’re on probation in the new position. You may have worked in the department for five or ten years. You’re on probation. You’re fired. Even though you have five or ten years of experience. And people did get these ridiculous letters saying your performance has not been adequate. There was no basis for those letters. It was arbitrary. And that’s remember I said my categories are thoughtless and dangerous. This is thoughtless — probation. 
    Oh, by the way, about 30% of the federal workforce are veterans. Now, we don’t know the exact figures. That’s one of the problems. We have no transparency about what’s going on here and who’s actually being let go and who isn’t, but a reasonable extrapolation is, 30% of the people being fired are veterans. People who put their lives on the line for this country. And then they went into public service and they’re being fired. That’s outrageous. Again, was no one thinking about this? A thousand people were fired at the V.A. Just a couple of days ago. We learned that people supporting the V.A. crisis line were fired. What genius thought that was a good idea? Last Friday, immigration judges were fired. We’re talking about immigration and border and control of immigration, and we’re firing immigration judges? What possible sense does that make? Here’s one. We’ve had — I think three curious aircraft incidents in the last month, and they just fired I think 300 people at the FAA. Great, including people who are in the business of maintaining the systems that keep our airplanes safe. In the wake of three serious airplane crashes, including one here in Washington that killed 67 people, we’re firing people at the FAA? Give me a break! What kind of sense does that make? What kind of service is that to the people of the United States? Here’s one that’s not life or death, but the National Park Service. 1,000 people were fired last weekend at the National Park Service. I suspect they were probationary, that means okay they’d only been there a year or to. But that doesn’t mean they weren’t in jobs that were important. The headline in this morning’s paper, chaos at the national parks. The lines are twice as long. If there’s chaos at the national parks in February, lord knows what it’s going to be in June or July. In Yosemite, in Acadia in my state of Maine. And here’s a beauty, some of these people that are be fired are people who collect fees at the park. So to save a buck, we’re going to lose $5 from fees not being collected. Genius. Come on. Five percent of the workforce at the national park service are being fired, and I can tell you, I’m the co-chair of the National Park Subcommittee, the Energy & Natural Resources Committee, we need more people at the national parks, not less. We’ve had a staffing shortage going back half a dozen or ten years where visitation is way up and staff is flat or declining. Now it’s really declining. And this is a direct hands-on experience for the American people. Gettysburg — they’ve been laying off people at the battlefield. Last night apparently something called the Presidential Management Fellowship Program, a training program that’s decades’ old that brings talented people into the federal government, eliminated. No explanation, no rational. Eliminated. 
    Okay, that’s the thoughtless part. Let me give you a little personal experience. When I was elected governor of Maine, we had a serious deficit. We were in the middle of a recession. We went through a process very similar to the impetus for what’s going on now. We looked at the entire workforce of the state of Maine. But we did it in a thoughtful and transparent way. We developed a task force that included private citizens, legislators, and members of the administration, and we took eight months, Mr. President, eight months, not eight weeks, and we looked at the entire structure of the state of Maine government and reduced our workforce by about 10%, a significant reduction. But we did it in a thoughtful way and in a way that made sense in terms of the ongoing service to the people of Maine. 
    So it can be done, and I’m not unsympathetic with the idea of making things more efficient. And even possibly downsizing the government where it’s called for and where additional people aren’t necessary. So, I’m not here to say we shouldn’t be looking for efficiency and saying everything in the federal government is perfect. I don’t believe that for a minute. But I think if we’re going to take on this exercise, it ought to be done in a sensible way by people who know what they’re doing. 
    And that brings me to DOGE. I don’t know what they’re doing. Nobody does. I don’t know who these 25-year-olds in the IRS, rummaging around in the IRS I.T. System. We learned the last couple days Social Security. What are they doing? Who are they? What are their qualifications? Do they have security clearances? Do they have conflicts of interest? All of the rules designed to protect us from people making arbitrary decisions that aren’t accountable, you talk about bureaucrats being unaccountable, these are the ultimate unaccountable people. We don’t know what their relationship is to the federal government, what authority they have, up what law they’re operating. It’s clear from mistakes like firing 350 people at the Nuclear Security Agency, they don’t know what they’re doing. They’re firing people who we need. Okay, that’s the thoughtless part. It’s inexcusable. That’s just pure efficiency of government of doing the right thing, and it can be done, but these people aren’t doing it. 
    The second part of what’s going on is the dangerous part, and this is where I call on my colleagues on the other side of the aisle who are standing by and watching our government be attacked with no response. Elimination of entire congressionally created agencies. USAID was established by statute and over a weekend these people fired everybody, closed the agency, took the name off the door, and threw the rest of the world into chaos, where these people were working on important projects all over the world, that were part of our outreach to the world. You know what? As soon as we went out of business at A.I.D., China is right in the market. It’s like walking away from engagement with the world. It couldn’t be a more self-defeating piece of work. By the way, it’s a tiny part of the federal budget. And James Mattis famously said, when he was a general, if you cut the foreign aid budget, you’re going to have to buy me more bullets. Foreign aid is part of the national security of this country, and to demolish this agency without any input from congress, without any relationship to the Foreign Affairs Committee or anybody else up here in the congress, is grossly unconstitutional. It’s grossly unconstitutional. 
    Here’s the problem, Mr. President, this isn’t just a battle between the Senate and the House and the President and they’re fighting about powers. No, the reason the framers designed our Constitution the way they did was that they were afraid of concentrated power. They had just fought a brutal eight-year war with a king. They didn’t want a king. They wanted a constitutional republic, where power was divided between the Congress and the President and the courts, and we are collapsing that structure. And the structure wasn’t there for fun. It wasn’t, hey, we’ll design this complicated system. It was there to protect our freedom. Because the people that wrote our Constitution understood human nature, and they understood a very important thousand-year-old principle — power corrupts, and absolute power corrupts absolutely.
    The whole idea was to divide power, and to the extent we allow this assault on our Constitution, this collapsing and excessive power being granted to the executive to ignore the laws passed by congress, and by the way, appropriations bills are laws passed by congress, which the administration is also ignoring by freezing funding for programs authorized and funded by congress, to the extent we do that, we’re not only making a mistake now, but we’re altering the essential structure of our Constitution that’s there for a reason, that’s there to protect our freedom. And the people cheering this on I fear, in a reasonably short period of time, are going to say where did this go? How did this happen? How did we make our president into a monarch? How did this happen? How it happened is we gave it up! James Madison thought we would fight for our power, but no. Right now, we’re just sitting back and watching it happen. Article 2 of the Constitution, the President said, oh, article 2 gives me a lot of power. No, it doesn’t. It makes the president commander in chief. That’s true. Here’s the key sentence in Article 2 of the constitution, which defines the president’s power, the key sentence is not the power of the president, the responsibility of the president is to take care that the laws being faithfully executed. Not write the laws. Not deny the laws. Not ignore the laws. Not pick which laws he or she To take care that the laws are faithfully executed. That’s the responsibility of the President. 
    Right now, those laws are being ignored. Impoundment. Impoundment. The President trying to say Congress appropriated this money through appropriation bill signed by president, but I’m not going to spend it because I don’t like it, I don’t like that purpose, whatever it is. I’m sorry. It’s absolutely straight up unconstitutional, and it’s illegal. President Nixon tried to do that in 1973, and the Congress, virtually unanimously, passed the impoundment control act which said no, presidents can’t do that. They can’t ignore the will of congress because Article 1 of the Constitution gives the congress the power of the purse. We’re giving it away this week. We’re standing by and watching it, watching the essential power of this body evaporate. Not evaporate, migrate down the street to 1600 Pennsylvania Avenue. 
    The power was divided for a reason. There’s criticism in the press saying people are talking about a constitutional crisis, they’re crying wolf. This is a constitutional crisis. It’s the most serious assault on our Constitution in the history of this country. It’s the most serious assault on the very structure of our Constitution, which is designed to protect our freedoms and liberty, in the history of this country. It is a constitutional crisis, and I’ll tell you what makes it worse, the President and the Vice President are already hinting that they’re not going to obey decisions of the courts. Many of my friends in this body say it will be hard, we don’t want to buck the President, we’ll let the courts take care of it. Number one, that’s a copout. It’s our responsibility to protect the Constitution. That’s what we swear to when we enter this body. To stand back and say we’re going to watch all this happen, and the courts will take care of it, that’s an abdication of our responsibility. 
    If you look at history, yes, it’s true, presidents have gained power. In my reading of history usually it wasn’t because presidents usurped power, but the congress abdicated it. We haven’t declared war, for example, since 1942, yet that’s a clear responsibility of congress and we sure have been in some scrapes since 1942. We’ve abdicated that power, and we’re now in the process of abdicating the power to control the appropriations process. I mention about DOGE, no authority, no accountability, no transparency, we literally don’t know what they’re doing, we can’t find out what they’re doing. Just this week, the destruction of the independent agencies, created by congress. They were created as independent agencies for a reason, because they didn’t want them to be dominated by the vicissitudes of politics. The president gets to appoint members of the board, and they’re very carefully balanced, not firing someone at the National Labor Relations Board so there’s no quorum so they can’t act. That’s a direct violation of congressionally established policy. These independent agencies were created for a reason. Again, oh, I forgot to mention, illegal firing of inspector generals. The Senator from Iowa is a champion of inspector generals. In the first few days, something like 18 inspector generals were fired, completely contrary to the law. The law is the congress must be given 30 days’ notice of the firing of an inspector general, and reasons therefore. Not done! Not a peep. 
    What’s it going to take for us to wake up, when I say us, I mean this entire body, to wake up to what’s going on here? Is it going to be too late? Is it going to be when the President has secreted all this power and the congress is an afterthought? What’s it going to take? The offenses keep piling up. As I said, leaving it to the courts, number one, is a copout, and number two, when the Vice President said something, I can’t remember exactly what he said, but ‘the courts should not have the power to do this.’ Of course, the President over the weekend famously quoted Napoleon, ‘when you’re saving your country, you don’t have to obey any law.’ Wow, a President of the United States quoting Napoleon about not having to obey the law. 
    So, I intended to talk about Ukraine, but Senator Tillis and Senator Shaheen did it so articulately, I think I’ll let that pass, except to say it’s shameful we’ve suddenly pivoted from the support of a democracy that was grossly and illegally invaded, from the support of that country to the support of a murderous dictator. I heard something about Zelenskyy is a dictator. The only dictator in this game, Mr. President, is Vladimir Putin. He’s the dictator. To argue that somehow Ukraine started the war? What universe is that — is somebody in that would say something like that? Again, I won’t pursue, but I can tell you Putin’s happy, XI Jinping is happy, Iran is happy, North Korea is happy. They love what’s going on, to see us retreating from the world, whether it’s A.I.D. or Ukraine. They love to see us retreating from the world, looking weak and looking unreliable. 
    Finally, on this point, we seem to be systematically alienating our allies. I’ve been on Armed Services for 12 years and have learned that the key asymmetric advantage this country has in the world is allies. China has customers. We have allies. Well, we’re giving that away. If I wasn’t on the floor of the U.S. Senate, I’d use a slightly different term, but we’re giving away our asymmetric advantage in the world by what looks like systematically alienating allies, whether it’s threats of tariffs or speeches in Europe telling them what their problems are, basically saying we’re going to abandon Europe. What a great idea, abandon Europe at a time there’s a murderous dictator with his eyes on the Baltics, Poland, and said he would like to reestablish the Soviet Empire. The worst possible geopolitical thing we could do would be to abandon Ukraine.
    So, Mr. President, this is a constitutional crisis, and we’ve got to respond to it. I’m just waiting for this whole body to stand up and say no, no, we don’t do it this way. We don’t do it this way. We do things constitutionally. Yes, it’s more cumbersome, it’s slower, that’s what the framers intended. They didn’t intend to have an efficient dictatorship, and that’s what we’re headed for. Mr. President, this is a very dangerous moment. We’ve got to wake up, protect this institution, but much more importantly protect the people of the United States of America. Thank you, Mr. President. 

    MIL OSI USA News

  • MIL-OSI China: Morgan Stanley upgrades stance on China stocks in significant shift

    Source: China State Council Information Office

    Morgan Stanley has upgraded its outlook on offshore Chinese equities, shifting from a bearish to a more optimistic stance, wallstreetcn.com reported on Thursday.

    The firm highlighted a structural shift in the Chinese equity market, projecting that technological breakthroughs will drive a more sustainable rally in China’s stock market.

    After previously being cautious about China’s equities, Morgan Stanley’s change in view signals a fundamental shift in global investors’ attitudes toward Chinese stocks.

    The firm is increasingly confident that the return on equity (ROE) trough for MSCI China is in the past, highlighting three key factors supporting the turnaround namely, improved policy sentiment, geopolitical dynamics and renewed confidence driven by technological breakthroughs.

    Morgan Stanley has raised its target price for the MSCI China Index to 77 by the end of 2025, up from 63, suggesting a potential upside of around 4 percent from Wednesday’s closing price.

    The report also forecasts a structural upward adjustment in MSCI China’s valuation, with the 12-month forward price-to-earnings ratio (P/E ratio) rising from 8-10 times in 2022 to 10-12 times.

    Additionally, several Wall Street investment banks have recently adopted a more positive outlook on Chinese equities following breakthroughs such as DeepSeek’s impact on global markets.

    Goldman Sachs predicts that the widespread adoption of AI could boost Chinese companies’ earnings per share (EPS) by 2.5 percent annually over the next decade.

    These improved growth prospects, coupled with potential confidence gains, could increase the fair value of Chinese stocks by 15-20 percent, potentially attracting over $200 billion in portfolio inflows.

    MIL OSI China News

  • MIL-OSI USA: Baldwin to Trump: Hold China Accountable for Decades of Cheating American Workers and Shipbuilders

    US Senate News:

    Source: United States Senator for Wisconsin Tammy Baldwin

    WASHINGTON, D.C. – Today, U.S. Senator Tammy Baldwin (D-WI) led a group of her colleagues in calling on President Donald Trump to hold China accountable for cheating trade laws to gain an unfair advantage in the shipbuilding industry. In the final days of the Biden Administration, the U.S. Trade Representative (USTR) released a report Senator Baldwin pushed for that confirmed China has used unfair trade practices to undercut American shipbuilding. Now, Senator Baldwin is pushing the Trump Administration to take immediate action to level the playing field for American workers, businesses, and national security.

    “To stand up for the hardworking Americans employed in the shipbuilding industry, those who serve in the military branches that need these vessels, and those who live in communities supported by these jobs, we must act quickly to hold China accountable and reverse the decimation of our maritime strength and capacity inflicted over the last two decades,” wrote Senator Baldwin and the lawmakers in a letter to President Trump. “As we strive to grow the American economy, compete with the PRC, strengthen our ability to engage in international commerce and ensure the American military has the resources necessary to succeed, we urge your Administration to take action regarding the PRC’s actions in the maritime, logistics, and shipbuilding sectors.”

    In March of 2024, Senator Baldwin called on the Biden Administration to fight China’s unfair trade practices, leading her colleagues in support of the United Steelworkers’ (USW) effort to have then-USTR Katherine Tai initiate a full investigation into China’s maritime, logistics, and shipbuilding sectors. The USTR launched an investigation last year, and the report released last month found that China targeted the maritime, logistics, and shipbuilding sectors for dominance, concluding that the PRC’s targeted dominance in these sectors is unreasonable and burdens or restricts U.S. commerce, and is therefore “actionable” under Section 301. 

    The report lays out China’s efforts to target the shipbuilding and maritime industry for dominance – using state-sponsored financial support to elevate their own industry, imposing barriers for foreign firms, and stealing intellectual property to give China’s shipbuilding and maritime industry an advantage. According to the report, China also severely and artificially suppressed labor costs in the maritime, shipbuilding, and logistics sectors, undercutting American workers.

    In her letter to President Trump today, Senator Baldwin called on this administration to act on the results of the investigation that has confirmed China’s unfair trading practices are undercutting American shipbuilding and workers and undermining our economic and national security. Over the last 20 years, the United States has lost industrial shipbuilding capacity while China’s subsidized shipbuilding has only grown. State-owned enterprises and other facilities in China are now capable of producing over 1,000 ocean-going vessels a year, while the United States currently produces fewer than ten. While shipbuilding capacity, suppliers, and shipyards remain vital to the U.S. economy and national security, China’s uncompetitive trade practices have led to 25,000 domestic shipbuilding suppliers leaving the U.S. market over the past 20 years.

    Senators Elizabeth Warren (D-MA), John Fetterman (D-PA), Elissa Slotkin (D-MI), and Amy Klobuchar (D-MN) also signed the letter.

    A full version of this letter is available here and below.

    Dear Mr. Trump:

    We write to you about the People’s Republic of China’s (PRC)’s actions in the maritime, logistics, and shipbuilding sector and urge you to act on the results of the investigation that has confirmed China’s unfair trading practices are undercutting American shipbuilding and workers and undermining our economic and national security.

    Last year, the United Steelworkers (USW) and other unions filed a petition under Section 301 of the Trade Act of 1974. The United States Trade Representative’s (USTR) responded by initiating an investigation and determined “China has largely achieved its dominance goals, severely disadvantaging U.S. companies, workers, and the U.S. economy generally through lessened competition and commercial opportunities and through the creation of economic security risks from dependencies and vulnerabilities.” USTR found that China’s unfair trade practices in maritime, logistics, and shipbuilding are “actionable,” and we therefore urge your Administration to identify and implement appropriate relief measures and partner with Congress as needed. Enacting strong measures to address the PRC’s actions will be a critical step towards promoting our domestic industrial base, growing America’s economy, creating good-paying jobs in these important sectors, and protecting our national security.

    After World War II, the United States led the world in commercial shipbuilding. Over the last twenty years, the PRC has executed a comprehensive strategy to significantly diminish the shipbuilding industry in the United States and to become the dominant shipbuilding force globally. The PRC can now produce over 1,000 ships per year, while the United States only has the capacity to produce fewer than ten ocean-going vessels per year. America has lost 25,000 domestic shipbuilding suppliers over the last two decades. This drastic difference in capacity is a result of the PRC’s anti-competitive practices to gain an advantage in shipbuilding through unfair and discriminatory tactics, such as government subsidies and favorable loans from PRC-operated banks. According to USTR’s report, the non-market excess capacity in China’s steel sector significantly contributes to the price competitiveness of PRC-made vessels, and there are instances where Chinese steel intended for vessels in Chinese shipyards has been sold at a lower rate than Chinese steel intended for market economies. To give the American shipbuilding industry a more level playing field and the opportunity to grow, China’s harmful, market-distorting practices should be addressed immediately by this Administration.

    The PRC’s dominance in the shipbuilding industry has dire consequences for America’s economic security and national security. It is essential that the United States prioritizes scaling up our shipbuilding capacity, to both guard against the economic harms felt by loss of jobs at shipyards and suppliers, and because privately-owned shipyards provide essential help to build and maintain the Navy’s fleet. To allow the PRC to control the global transportation supply chain is to open the United States and our allies to immeasurable risks, from supply chain shortages to severe national security concerns. USTR’s report describes the dangers of the PRC’s Maritime Silk Road initiative, including a Chinese government-sponsored logistics platform, LOGINK. LOGINK is used in ports around the world and collects information that could easily be manipulated to disrupt supply chains, allow Chinese companies to reduce prices and undermine competitors, and provide details about the movement of sensitive equipment through commercial ports. The PRC cannot be allowed to continue to expand this intelligence network unchecked, or the United States will experience additional economic harm and threaten our  national security.

    Our states are home to companies that specialize in shipbuilding and repair for both the Navy and commercial vessels, as well as suppliers of necessary inputs to build ships. These businesses are significant employers in communities around the country and provide a pathway to the middle class. Retaining these companies and their workforce ensures the knowledge and ability to build vessels, both for military purposes and to transport goods across the world, remains made in America. A shipyard closing or reducing their number of employees, or a supplier shifting their operations overseas, means local economies lose good-paying, often union, jobs, and America takes another step back in the competition with the PRC. To stand up for the hardworking Americans employed in the shipbuilding industry, those who serve in the military branches that need these vessels, and those who live in communities supported by these jobs, we must act quickly to hold China accountable and reverse the decimation of our maritime strength and capacity inflicted over the last two decades.

    As we strive to grow the American economy, compete with the PRC, strengthen our ability to engage in international commerce and ensure the American military has the resources necessary to succeed, we urge your Administration to take action regarding the PRC’s actions in the maritime, logistics, and shipbuilding sectors. USTR’s determination concludes the PRC’s targeting is unreasonable, burdens or restricts U.S. commerce, and that “responsive action is appropriate to obtain the elimination of the acts, policies, or practices covered in the investigation.” The United States must take action expeditiously to address the PRC’s unfair, harmful, and discriminatory practices. Thank you for your attention to this most important matter.

     Sincerely,

    MIL OSI USA News

  • MIL-OSI China: Announcement on Open Market Operations No.35 [2025]

    Source: Peoples Bank of China

    Announcement on Open Market Operations No.35 [2025]

    (Open Market Operations Office, February 21, 2025)

    In order to keep the liquidity adequate in the banking system, the People’s Bank of China conducted reverse repo operations in the amount of RMB182.5 billion through quantity bidding at a fixed interest rate on February 21, 2025.

    Details of the Reverse Repo Operations

    Maturity

    Volume

    Rate

    7 days

    RMB182.5 billion

    1.50%

    Date of last update Nov. 29 2018

    2025年02月21日

    MIL OSI China News

  • MIL-OSI China: China’s probes into EU pork, dairy products imports underway: commerce ministry

    Source: China State Council Information Office

    The anti-dumping investigation into pork imports from the European Union (EU) and the anti-subsidy investigation into EU dairy products imports are currently ongoing, the Ministry of Commerce said on Thursday.

    China will approach these cases in an open and transparent manner based on Chinese laws and regulations and by following the World Trade Organization rules, said He Yadong, spokesperson for the ministry, during a regular press conference.

    The ministry will ensure that the rights of all parties are fully protected, the spokesperson added.

    In August last year, China launched the anti-subsidy investigation into certain dairy products imported from the EU. It examines any damage brought to related Chinese industries from Jan. 1, 2020, to March 31, 2024.

    Additionally, a year-long investigation into pork imports from the EU began on June 17, 2024, following a request from the China Animal Agriculture Association. 

    MIL OSI China News

  • MIL-OSI China: Xi’an airport’s new terminal houses museum, showcases local culture

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

    The new fifth terminal at Xi’an Xianyang International Airport, which opened on February 20, boasts the world’s first museum within an airport.

    The museum, which spans approximately 6,400 square meters, primarily showcases artifacts discovered during the airport’s construction. In addition, significant cultural relics from Shaanxi Province are on display in an 88-square-meter hall of treasures.

    MIL OSI China News

  • MIL-OSI China: China’s tax deferral policy boosts foreign reinvestment in 2024

    Source: China State Council Information Office 3

    A drone photo taken on Jan. 15, 2025 shows the cruise ship Adora Flora City under construction at Shanghai Waigaoqiao Shipbuilding Co., Ltd. in Shanghai, east China. [Photo/Xinhua]

    Foreign reinvestment in China benefiting from a preferential policy to temporarily exempt certain profits obtained by overseas investors from withholding income tax have seen rapid growth in 2024, data from the State Taxation Administration revealed on Thursday.

    The total value of reinvestment reached 162.28 billion yuan (about 22.63 billion U.S. dollars) in 2024, a 15 percent increase from the previous year, hitting a record high.

    China has previously deferred withholding income tax on profits that were distributed to overseas investors by resident enterprises in the country and directly reinvested in domestic projects and sectors. 

    MIL OSI China News

  • MIL-OSI China: China ranks 2nd in global soft power index

    Source: China State Council Information Office 3

    China has become the world’s second most influential soft power nation after the United States, according to the sixth annual Global Soft Power Index released here by Brand Finance on Thursday.

    The report shows that China surpassed Britain to claim second place with a score of 72.8 out of 100, marking its highest-ever ranking. The country demonstrated statistically significant growth across six of the eight soft power pillars and two-thirds of measured attributes, driven by initiatives such as the Belt and Road Initiative, an increased emphasis on sustainability, and the strengthening of domestic brands.

    The index, based on a survey of more than 170,000 respondents from over 100 countries, captures global perceptions of all 193 United Nations member states. The findings were unveiled during the Global Soft Power Summit 2025.

    The United States retained its top ranking with a record score of 79.5 out of 100. However, its global reputation dropped four positions to 15th since the last assessment. Additionally, the country’s governance matrix fell four spots to 10th.

    David Haigh, chairman of Brand Finance, said the 2025 ranking reflects China’s “sustained efforts to enhance its economic attractiveness, showcase its culture, and boost its reputation as a safe and well-governed nation.”

    MIL OSI China News

  • MIL-OSI China: AI tech cannot predict winning lottery numbers

    Source: China State Council Information Office 3

    While artificial intelligence has shown immense potential for applications in various fields, it cannot predict winning lottery numbers, according to a statement issued by sports lottery administrative authorities.

    The statement was issued recently by China Sports Lottery, along with the sports lottery administrative center in Guangdong province, in response to some netizens’ online posts claiming to have won the lottery using numbers recommended by AI technology service providers.

    Each lottery draw is an independent random event, with the winning numbers being generated completely at random and unable to be predicted by any technological means, the statement said.

    Following the popularity of Deep-Seek, a booming Chinese AI startup, various types of lottery number prediction services that supposedly make use of AI technology have emerged on Chinese social platforms.

    In one example, a netizen purchased lottery tickets based on auspicious numbers provided by AI service providers for 19 days in late 2024, with cumulative losses increasing each time, according to an online post on Xiaohongshu, or RedNote, a Chinese lifestyle platform.

    Any individual claiming to increase the chances of winning through AI technology is engaging in fraudulent behavior, according to the statement.

    Posts about winning the lottery through AI technology were mostly created by AI software providers, serving as a marketing advertisement to attract users to download the software, the statement said.

    Some software platforms often offer a free trial period to entice netizens with initial success — randomly generating numbers and if someone wins, they try to persuade users to invest more in advanced predictions, according to the statement.

    AI technologies have performed excellently in fields like healthcare and mathematics, as these domains have discernible patterns that AI can extract from vast amounts of data and make deductions. However, lottery draws are entirely random events with no discernible patterns, making them unpredictable and devoid of any regularity, according to the statement.

    The official lottery drawing process is based on the use of physical drawing machines, where the motion of each ball is influenced by airflow, minor vibrations and other factors, making it completely unpredictable and uncontrollable.

    Moreover, AI cannot derive any meaningful patterns from past lottery data, with the winning numbers from the previous draw having no impact on the next draw, the Guangdong sports lottery center said.

    Therefore, even with powerful tools like DeepSeek, predicting the next winning numbers is impossible. The center called on lottery ticket buyers to remain rational and not believe in so-called AI prediction tools.

    Offline authorized sports lottery stores are the only official channels for purchasing sports lottery tickets, according to the center.

    MIL OSI China News

  • MIL-OSI China: China’s pro-consumption policies in full swing

    Source: China State Council Information Office 3

    Chinese consumers have benefited from the country’s pro-consumption policies, which cover goods such as mobile phones, home appliances and automobiles, said the Ministry of Commerce on Thursday.

    As of Wednesday, 169,000 vehicles were scrapped and recycled and 647,000 electric bicycles were traded in for new models nationwide this year under the country’s consumer goods trade-in program, said He Yadong, a spokesperson for the ministry, at a press conference.

    More than 3.97 million consumers purchased over 4.87 million home appliance units during the same period, said the spokesperson.

    From Jan. 20 to Feb. 19, 26.71 million consumers applied for subsidies to purchase new mobile phones, tablets and smartwatches.

    Driven by the pro-consumption policies, related industries have maintained a strong growth momentum.

    Since the beginning of this year, the nationwide vehicle scrapping volume has increased by around 35 percent compared to the same period last year, while the retail sales of new energy passenger vehicles have risen by over 20 percent year on year, He said.

    China announced in early January a raft of measures to expand the scope of the consumer goods trade-in program amid efforts to boost domestic demand and spur economic growth.

    Under the expanded program, categories of home appliances eligible for government subsidies have been increased from eight in 2024 to 12 in 2025.

    Consumers can also enjoy subsidies of up to 500 yuan (about 69.72 U.S. dollars) apiece while purchasing digital products such as mobile phones.

    MIL OSI China News

  • MIL-OSI China: China hopes EU will take concrete action to meet halfway on anti-subsidy case: commerce ministry

    Source: China State Council Information Office 3

    China hopes that the European Union (EU) will take concrete action to work with China and meet halfway on the anti-subsidy case against Chinese electric vehicles, He Yadong, spokesperson for the Ministry of Commerce, said at a press conference on Thursday.

    He noted that the case has given rise to widespread concern from various sectors in both China and Europe. During a video call with Chinese Commerce Minister Wang Wentao on Friday, Ola Kallenius, president of the European Automobile Manufacturers’ Association and chairman of Mercedes-Benz Group AG’s board of management, reiterated that the European automotive industry supports and anticipates a swift resolution of differences through dialogue and consultation.

    China has consistently done its utmost to advance dialogue and consultation, hoping that the European side will take heed of industry voices, the spokesperson said, responding to a related question.

    The two sides should follow the principles of pragmatism and balance, consider each other’s reasonable concerns, and work together to advance negotiations to achieve productive outcomes, He said.

    China and the EU are important trade partners. Their bilateral economic and trade cooperation is complementary and mutually beneficial, and they have formed a strong symbiotic relationship, according to the spokesperson.

    Noting that this year marks the 50th anniversary of China-EU diplomatic relations, He said that China is willing to work with the EU to expand cooperation on green industries, including the electric vehicle industry, and to address trade frictions through dialogue and consultation. 

    MIL OSI China News

  • MIL-OSI China: Scientist: No need to panic about asteroid that might hit Earth in 2032

    Source: China State Council Information Office 2

    Since early January, Chinese scientists have been continuously observing an asteroid that has a small chance of colliding with Earth in 2032.
    By combining global data, astronomers have updated the probability of impact to around 1.5 percent.
    “As observational data accumulates, the calculations of its orbit will become more accurate, and the probability of it hitting Earth will also change. So the public need not panic and should await further results from astronomers,” said Zhao Haibin, director of and researcher at the Department of Planetary Sciences and Deep Space Exploration at the Purple Mountain Observatory of the Chinese Academy of Sciences.
    The asteroid, named 2024 YR4, has an estimated diameter of between 40 and 90 meters, roughly the size of a large building. It was discovered on Dec 27 by an Asteroid Terrestrial-impact Last Alert System telescope in Chile, according to scientists.
    On Wednesday, the near-Earth object monitoring system of the United States space agency NASA revised the probability of 2024 YR4 hitting Earth to 1.5 percent, down from its Tuesday estimation of 3.1 percent.
    On Tuesday, the European Space Agency’s Near-Earth Object Coordination Centre revised its estimation of the probability to 2.8 percent from the previous 2.4 percent.
    “The orbit of an asteroid is primarily calculated through optical observations,” Zhao said. “Asteroids shine by reflecting sunlight, and observing them with telescopes, along with the surrounding stars in their field of view, helps us determine their coordinates in the celestial sphere. This, in turn, allows us to calculate their orbits.”
    The orbit of this asteroid has a relatively high eccentricity, meaning that its path is elliptical. It passes near Earth’s orbit approximately every four years. The period from the end of last year to the beginning of this year was a good observation window, and there will be another favorable observation window in 2028, he said.
    Experts studying asteroids at the CAS indicated that although current technology makes it difficult to directly intercept an asteroid, its trajectory can be altered by a few millimeters per second.
    There are several ways to prevent a near-Earth asteroid from colliding with the planet, such as launching rockets to push it off its original path or evacuating people when it is about to collide with the planet, minimizing the effect of impact.
    “An asteroid with a diameter of a few dozen meters could devastate an area of several thousand square kilometers, equivalent to a large city, if it hits Earth without any preventive measures,” said a scientist who asked to remain anonymous.
    Zhao, the researcher, said, “Given that we have already discovered the asteroid, with a diameter of around 50 meters, we will undoubtedly develop a response plan, meaning that the public need not worry excessively.”
    The International Asteroid Warning Network and the Space Mission Planning Advisory Group have been operating since 2013, monitoring and issuing warnings for asteroids that pose a potential risk of impact.
    For an asteroid with a diameter greater than 10 meters and an impact probability of more than 1 percent, the IAWN will issue a warning, calling on astronomers worldwide to monitor it, Zhao said.
    “If the asteroid has a diameter greater than 20 meters and a 10 percent probability of impact within the next 20 years, the SMPAG will activate a response mechanism. This involves accurately assessing the impact risk corridor for Earth and preparing civil defense measures,” he said.
    “If the asteroid’s diameter exceeds 50 meters and there is a 1 percent probability of impact within 50 years, active defense plans, such as launching spacecraft to alter its orbit, may be initiated,” he added.
    At a conference in Beijing in 2018, Chinese scientists discussed the key technologies related to asteroid monitoring and early warning, safety defense and resource utilization.
    “If we need to defend against an asteroid with a diameter of around 50 meters, we might need to start deploying measures three to four years in advance,” said the scientist who requested anonymity.
    Chinese scientists have achieved notable progress in the detection and monitoring of near-Earth asteroids. In particular, the Near-Earth Object Telescope at the Purple Mountain Observatory and the Wide Field Survey Telescope, a collaboration between the University of Science and Technology of China and the Purple Mountain Observatory, have delivered significant results in recent years. To date, China has discovered more than 60 near-Earth asteroids.
    “This also reflects China’s active commitment to fulfilling its responsibilities as a major nation in the field of asteroid monitoring, early warning and defense,” said Zhao.

    MIL OSI China News

  • MIL-OSI China: Macron to talk with Trump over Ukraine, tariffs

    Source: China State Council Information Office

    French President Emmanuel Macron (C), U.S. President-elect Donald Trump (R) and Ukrainian President Volodymyr Zelensky are pictured after their meeting in Paris, France, Dec. 7, 2024. [Photo/Xinhua]

    French President Emmanuel Macron will travel to the United States for discussions with his U.S. counterpart, Donald Trump, focusing on the Ukraine issue and impending U.S. tariffs, French Minister Delegate for European Affairs Benjamin Haddad confirmed on Thursday.

    Speaking to French television channel LCI, Haddad revealed that Macron had already spoken with Trump twice this week regarding Ukraine. “Our approach is to maintain dialogue with the president of the United States to ensure that the voice of the Europeans is heard in this negotiation,” he said.

    Macron is expected to emphasize to Trump that “the future of Ukraine cannot be decided without the Ukrainians, and the future and security of Europe cannot be negotiated and decided without the Europeans.” Haddad stressed that Europe has contributed more to Ukraine than the United States, and therefore, must have a say in the process.

    Moreover, Macron will also address tariffs that Trump plans to impose on European products. “A trade war, protectionism is not in anyone’s interest,” the minister warned.

    This week, Macron has hosted European and non-European partners twice to coordinate a common stance on Ukraine. Both meetings concluded with a unified position that any peace talks should include both Ukraine and Europe.

    MIL OSI China News

  • MIL-OSI China: Chinese, Turkish FMs pledge to expand bilateral cooperation

    Source: China State Council Information Office

    Chinese Foreign Minister Wang Yi on Thursday met with Turkish Foreign Minister Hakan Fidan, with both sides pledging to expand bilateral cooperation.

    The meeting was held on the sidelines of the G20 Foreign Ministers’ Meeting in Johannesburg. Wang is also a member of the Political Bureau of the Communist Party of China Central Committee.

    During the meeting, Wang noted that both China and Türkiye are part of the Global South and are accelerating their industrialization, there is significant potential for practical cooperation between the two countries.

    China attaches great importance to the relations with Türkiye and places bilateral ties at an important position in its Middle East diplomacy. China is willing to strengthen communication and coordination with Türkiye, deepen the synergy of development strategies, expand cooperation areas, and bring benefits to the two countries and other countries in the region, said Wang.

    Wang thanked Türkiye for its assistance in the recent evacuation of Chinese citizens from Syria, adding that resolutely fighting terrorism in all forms serves the common interests of both China and Türkiye, and is also a widely shared consensus of the international community.

    China is willing to strengthen counter-terrorism cooperation with Türkiye and jointly safeguard regional and world peace and tranquility, Wang said.

    Fidan, for his part, noted that Türkiye and China have maintained close exchanges at all levels and in all fields in recent years, with meetings of the intergovernmental cooperation committees successfully held, the Middle Corridor and the Belt and Road Initiative smoothly aligned, and China becoming Türkiye’s second-largest trading partner.

    He said that Türkiye is willing to expand trade and investment with China, explore cooperation in emerging fields such as renewable energy, information technology and artificial intelligence, and continue strengthening collaboration on counterterrorism, law enforcement and security at both bilateral and multilateral levels.

    The two sides also exchanged views on regional hotspot issues. Türkiye appreciates China’s just position on issues such as the Ukraine crisis and the Palestinian issue, supports the six-point consensus jointly proposed by China and Brazil, agrees that the two-state solution must be adhered to, and welcomes China’s efforts to strengthen ties with regional countries, said Fidan.

    MIL OSI China News

  • MIL-OSI China: Chinese, Saudi FMs meet on bilateral relations

    Source: China State Council Information Office

    Chinese Foreign Minister Wang Yi discussed China-Saudi Arabia relations with his Saudi counterpart Faisal bin Farhan Al Saud on the sidelines of the G20 Foreign Ministers’ Meeting in Johannesburg on Thursday.

    Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, noted that since the establishment of diplomatic ties 35 years ago, China-Saudi Arabia relations have overtaken others from behind and are now at the forefront of China’s relations with Middle East countries.

    China cherishes the mutual trust and friendship established by the top leaders of the two countries and has always placed China-Saudi Arabia relations at a key position in its Middle East diplomacy, Wang underlined.

    China is willing to maintain exchanges at all levels and expand cooperation with Saudi Arabia in fields such as economy, trade, investment, new energy, digital economy, information and telecommunications, and high-end manufacturing, to push China-Saudi Arabia relations to a higher level, he said.

    The foreign minister further said that China appreciates Saudi Arabia’s active mediation of hotspot issues and is happy to see Saudi Arabia play a constructive role in regional peace and stability. With the Palestinian issue at the core of the Middle East issue, China will continue to stand firmly with its Arab brothers and make efforts to correct historical injustice thoroughly, and restore lasting peace in the region at an early date, Wang added.

    For his part, Faisal said that Saudi Arabia and China are comprehensive strategic partners and their relations are of vital importance. He said Saudi Arabia attaches great importance to cooperation with China and looks forward to taking the opportunity of the 35th anniversary of diplomatic ties to strengthen high-level exchanges with China and achieve more successes in bilateral relations.

    Sharing the same philosophy, Saudi Arabia and China are committed to maintaining peace and stability and agree to resolve differences through dialogue, said Faisal.

    Saudi Arabia attaches great importance to China’s role as a major country with important influence, and hopes to find more feasible political solutions to hotspot issues with China’s support, he said.

    Saudi Arabia opposes the forcible displacement of the Palestinian people in Gaza, highly appreciates China’s adherence to principles and upholding justice on the Palestinian-Israeli issue, and hopes and believes that China will continue to play a positive role for peace in the Middle East, Faisal added.

    The two sides also exchanged views on China’s relations with Arab and Gulf countries, and agreed to strengthen communication and coordination to achieve more concrete results in China-Arab and China-Gulf practical cooperation.

    MIL OSI China News

  • MIL-OSI China: Chinese, Russian FMs meet on bilateral ties

    Source: China State Council Information Office

    Chinese Foreign Minister Wang Yi, also a member of the Political Bureau of the Communist Party of China Central Committee, meets with Russian Foreign Minister Sergei Lavrov on the sidelines of the Group of 20 (G20) Foreign Ministers’ Meeting in Johannesburg, South Africa, Feb. 20, 2025. [Photo/Xinhua]

    Chinese Foreign Minister Wang Yi discussed China-Russia relations with his Russian counterpart Sergei Lavrov Thursday on the sidelines of the Group of 20 (G20) Foreign Ministers’ Meeting in Johannesburg, South Africa.

    Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, said that the China-Russia comprehensive strategic partnership of coordination for a new era is advancing to a higher level and broader dimensions.

    The two sides have maintained steady progress in mutually beneficial cooperation and engaged in close and effective strategic coordination, playing a crucial role in safeguarding the common interests of both countries and their peoples while advancing the process of global multipolarity, Wang said.

    China is willing to work with Russia to fully implement the important consensus reached by the two heads of state and to further advance China-Russia relations in the new year, he added.

    Lavrov, for his part, said that Russia is willing to work with China to strengthen high-level exchanges, deepen practical cooperation in economy, trade, finance, culture, and other fields, and promote the further development of the China-Russia comprehensive strategic partnership of coordination.

    Noting that Russia and China both uphold multipolarity and serve as stabilizing forces in a complex and turbulent world, he said that Russia highly recognizes the global initiatives put forward by China, values the high level of mutual trust between the two countries, and is willing to continue to strengthen communication and coordination with China under the BRICS mechanism, the Shanghai Cooperation Organization, the United Nations, the G20, and other frameworks.

    The two sides also exchanged views and coordinated positions on international and regional issues of mutual concern, including the situation in the Middle East.

    MIL OSI China News

  • MIL-OSI China: South African president meets Chinese FM

    Source: China State Council Information Office

    South African President Cyril Ramaphosa (R) meets with Chinese Foreign Minister Wang Yi, also a member of the Political Bureau of the Communist Party of China Central Committee, on the sidelines of the G20 Foreign Ministers’ Meeting in Johannesburg, South Africa, on Feb. 20, 2025. [Photo/Xinhua]

    South African President Cyril Ramaphosa met with Chinese Foreign Minister Wang Yi on Thursday, pledging to deepen bilateral cooperation in various areas.

    The meeting was held on the sidelines of the G20 Foreign Ministers’ Meeting in Johannesburg. Wang is also a member of the Political Bureau of the Communist Party of China Central Committee.

    During the meeting, Ramaphosa asked Wang to convey his sincere greetings to Chinese President Xi Jinping and expressed his heartfelt thanks to China for its firm support for South Africa’s struggle for national independence and its valuable help in accelerating national development.

    South Africa, which cherishes the high-level mutual trust between the two countries and regards China as a reliable friend, will continue to firmly adhere to the One-China policy, said Ramaphosa.

    The president pledged that his country is willing to deepen practical cooperation in various areas with China and to push for greater achievements of the all-round strategic cooperative partnership between South Africa and China.

    For his part, Wang conveyed the warm greetings from President Xi to Ramaphosa, saying that China and South Africa have always understood and supported each other and carried out close exchanges, communication and coordination, which demonstrates the high level of bilateral relations.

    In the face of the current complex and volatile international situation, China will maintain its strategic focus and firmly run its own affairs well, said Wang.

    He noted that China, which is pursuing Chinese-style modernization in an all-round way, stands ready to work with South Africa and other countries to promote world modernization.

    China appreciates South Africa’s adherence to the One-China principle and standing on the right side of history, said the foreign minister. In the process of South Africa’s development and revitalization, China will always be a trustworthy and reliable friend and partner of South Africa and will continue to provide assistance within its capacity, he added.

    Noting that both China and South Africa are important members of the Global South, Wang said China supports South Africa in fulfilling its responsibilities as the G20 presidency, putting development at the center of the international agenda, giving a strong voice to the Global South, enhancing the unity of the Global South, pooling the joint efforts of developing countries, and pushing the G20 to make due efforts for global growth and people’s well-being.

    MIL OSI China News

  • MIL-OSI China: Direct road transport service launched between China, Turkmenistan

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

    ZHENGZHOU, Feb. 20 — A truck bearing TIR signs on Thursday departed from an international road transport assembly center in Zhengzhou, the capital of central China’s Henan Province, bound for Ashgabat, the capital of Turkmenistan, embarking on the first journey of a new direct road transport service between the two countries.

    TIR, an abbreviation for Transports Internationaux Routiers, or International Road Transport, is an international customs transit system that saves time and costs for transport operators and customs authorities moving goods across borders.

    “The batch of cargo — mainly office supplies — will pass through the Horgos border port in China’s Xinjiang, after which it will transit through Kazakhstan and Uzbekistan,” said Wang Ti, deputy general manager of Zhengzhou Hongyi Transport Co., Ltd.

    A single trip on the Zhengzhou-Ashgabat TIR transport service takes nine days, covering about 6,000 kilometers. It saves approximately 35 percent of transport costs when compared to air freight services, and half the time when compared to rail transport services.

    Located in the Zhengzhou Airport Economic Zone, the International Road Transportation Henan Assembly Center is the first such center located in an inland region of China. It includes a TIR certificate issuance office and an international road transport vehicle inspection center, allowing companies to apply for international road transport documents and handle annual reviews.

    Li Zhen, deputy director of the Zhengzhou Airport Economic Zone’s management committee, said that the center has launched 18 TIR transport routes to and from nine countries, including Russia, Uzbekistan, Azerbaijan and Georgia.

    According to customs data, Zhengzhou Customs has overseen 458 TIR transport vehicle trips over the past two years, with a total throughput value exceeding 420 million yuan (about 57.9 million U.S. dollars). Approximately 1,200 trade companies have used the service to transport goods falling under more than 500 categories, ranging from automotive parts to food products.

    “Though it is an inland province without border or sea ports, Henan has built international logistics channels via TIR road transport, air freight and China-Europe freight train services to become a new pathway in the central China region,” said Ouyang Liangyuan, deputy director of Xinzheng Customs, which is administrated by Zhengzhou Customs.

    MIL OSI China News

  • MIL-OSI China: China completes drilling of Asia’s deepest vertical well

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

    Staff members pose for a group photo as they celebrate the completion of the drilling of “Shenditake 1,” an ultra-deep borehole reaching 10,910 meters, in the hinterland of the Taklimakan Desert in the Tarim Basin, northwest China’s Xinjiang Uygur Autonomous Region, Feb. 20, 2025. [Photo/Xinhua]

    BEIJING, Feb. 20 — China National Petroleum Corporation announced Thursday that it has completed the drilling of the deepest vertical well in Asia, as a borehole reached a depth of 10,910 meters in China’s northwestern desert.

    An aerial drone photo taken on Feb. 19, 2025 shows a view of the “Shenditake 1,” an ultra-deep borehole, in the hinterland of the Taklimakan Desert in the Tarim Basin, northwest China’s Xinjiang Uygur Autonomous Region. [Photo/Xinhua]
    An aerial drone photo taken on Feb. 20, 2025 shows a view of the “Shenditake 1,” an ultra-deep borehole, in the hinterland of the Taklimakan Desert in the Tarim Basin, northwest China’s Xinjiang Uygur Autonomous Region. [Photo/Xinhua]
    This undated picture provided by the Tarim Oilfield shows the microscopic image of a rock slice obtained at a depth of 10,000 meters underground. [Photo/Xinhua]
    An aerial drone photo taken on Feb. 20, 2025 shows a view of the “Shenditake 1,” an ultra-deep borehole, in the hinterland of the Taklimakan Desert in the Tarim Basin, northwest China’s Xinjiang Uygur Autonomous Region. [Photo/Xinhua]
    An aerial drone photo taken on Feb. 18, 2025 shows a view of the “Shenditake 1,” an ultra-deep borehole, at sunset in the hinterland of the Taklimakan Desert in the Tarim Basin, northwest China’s Xinjiang Uygur Autonomous Region. [Photo/Xinhua]
    An aerial drone photo taken on Feb. 20, 2025 shows a view of the “Shenditake 1,” an ultra-deep borehole, in the hinterland of the Taklimakan Desert in the Tarim Basin, northwest China’s Xinjiang Uygur Autonomous Region. [Photo/Xinhua]
    Staff members pose for a group photo as they celebrate the completion of the drilling of “Shenditake 1,” an ultra-deep borehole reaching 10,910 meters, in the hinterland of the Taklimakan Desert in the Tarim Basin, northwest China’s Xinjiang Uygur Autonomous Region, Feb. 20, 2025. [Photo/Xinhua]
    A staff member checks the casing pipes at the drilling site of “Shenditake 1,” an ultra-deep borehole, in the hinterland of the Taklimakan Desert in the Tarim Basin, northwest China’s Xinjiang Uygur Autonomous Region, Feb. 20, 2025. [Photo/Xinhua]
    Staff members work at “Shenditake 1,” an ultra-deep borehole, in the hinterland of the Taklimakan Desert in the Tarim Basin, northwest China’s Xinjiang Uygur Autonomous Region, Feb. 19, 2025. [Photo/Xinhua]
    This photo taken on Feb. 19, 2025 shows a view of “Shenditake 1,” an ultra-deep borehole, in the hinterland of the Taklimakan Desert in the Tarim Basin, northwest China’s Xinjiang Uygur Autonomous Region, Feb. 19, 2025. [Photo/Xinhua]
    Yin Da, a senior expert of the Tarim Oilfield, shows the ultra-high-temperature drilling fluid used in the drilling of “Shenditake 1,” an ultra-deep borehole, in the hinterland of the Taklimakan Desert in the Tarim Basin, northwest China’s Xinjiang Uygur Autonomous Region, Feb. 19, 2025. [Photo/Xinhua]
    Staff members check the operation status of the drilling equipment via a remote platform in downtown Korla, northwest China’s Xinjiang Uygur Autonomous Region, Feb. 18, 2025. [Photo/Xinhua]
    A staff member works at “Shenditake 1,” an ultra-deep borehole, in the hinterland of the Taklimakan Desert in the Tarim Basin, northwest China’s Xinjiang Uygur Autonomous Region, Feb. 19, 2025. [Photo/Xinhua]
    This undated picture provided by the Tarim Oilfield shows the microscopic image of a rock slice obtained at a depth of 10,000 meters underground. [Photo/Xinhua]

    MIL OSI China News

  • MIL-OSI USA News: Press Briefing by Press Secretary Karoline Leavitt, Deputy Chief of Staff Stephen Miller, National Economic Council Director Kevin Hassett, and National Security Advisor Mike Waltz

    Source: The White House

    class=”has-text-align-left”>
    1:05 P.M. EST
     
         MS. LEAVITT:  Hello.  Good afternoon, everybody.  I brought some heavy hitters in here with me today. 
     
    Today marks one month of President Trump’s return to the Oval Office, and there is no denying this administration is off to a historic start.  The President has already signed 73 executive orders.  That is more than double the number signed by Joe Biden and more than quadruple the number signed by Barack Obama over the same period.
     
    These executive orders have ended burdensome regulations; sealed the border; unleashed our domestic energy sector; eliminated divisive DEI from our federal government; stopped the weaponization of government; cut waste, fraud, and abuse; reinstituted “America First” trade and foreign policies; and ultimately restored common sense. 
     
    The President also signed the Laken Riley Act into law, which ensures ICE will detain illegal aliens arrested or charged with theft or violence. 
     
    As of today, the Senate has already confirmed 18 Cabinet-level nominees, which is more than at this point under the Obama administration in 2009 and more than double the pace of the Biden administration in 2021. 
     
    And today, we expect Kash Patel to be confirmed as the next director of the FBI. 
     
    We are proud to announce that the president will host his first official Cabinet meeting here at the White House next Wednesday, February 26th. 
     
    In just four weeks, President Trump has already hosted the leaders of Israel, Japan, Jordan, and India.  And next Monday, the President will host France’s President, Emmanuel Macron, and on Thursday, the UK Prime Minister, Keir Starmer, will visit the White House as well. 
     
    As you all know, over the past month, the President has taken questions from the press — all of you — nearly every single day, sometimes on multiple different occasions in the same day, on any topic any of you wish to talk about. 
     
    President Trump set the tone on this approach immediately when he took more than 12 times the questions in his first few hours in office as Joe Biden did in his entire first week. 
     
    Yesterday, we hosted a local media row here at the White House with television and radio stations from across the country that reached up to 60 million viewers and listeners. 
     
    In our ongoing pursuit of transparency, on this one-month celebration, I am thrilled to bring three of my colleagues and our policy experts here at the White House to further recap this incredible first month of accomplishments in greater detail.
     
    We have Deputy Chief of Staff for Policy and Homeland Security Advisor Stephen Miller; the Director of the National Economic Council, Kevin Hassett; and our National Security Advisor, Mike Waltz. 
     
    I will hand it over to them.  They will deliver brief remarks on the accomplishments of this administration in the first month, and then we will open it up to Q and A.  When we open up the Q and A portion, I do ask, for the sake of efficiency in this room, that you direct your question to the principal you seek an answer from.  And I will call on you in this room.
     
    But first I will let them roll through their remarks.  And first up, I’ll turn it over to Stephen Miller.
     
    MR. MILLER:  Thank you.  It’s great to be back.
     
    And I want to just thank you all for joining today our one-month celebration of the most historic opening to a presidency in American history.  No president comes close to what Donald Trump has achieved over just the last 30 days.
     
    He has packed eight years of transformative action restoring this nation, restoring our laws, restoring fairness, restoring economic opportunity, restoring national security in just one month.  No one in this country has ever seen anything like it. 
     
    And when you look at the consequentiality and the significance and the transformative nature of the actions he’s taking, it truly defies description.  For example, in just one area, this nation has been plagued and crippled by illegal discrimination: diversity, equity, and inclusion policies.  It strangled our economy.  It has undermined public safety.  It has made every aspect of life more difficult, more painful, and less safe. 
     
    He has ended all DEI across the federal government.  He has terminated all federal workers involved in promulgating these unlawful policies.  He has ended diversity, equity, and inclusion in all federal contracting.  He has restored merit as the cornerstone of all federal policy; restored the full, fair, impartial enforcement of our federal civil rights laws for the first time in generations; and he has cracked down on individuals across this government and nonprofits who have engaged in illegal racial discrimination against the American people. 
     
    This includes making clear to every educational institution in this country that ending diversity, equity, and inclusion, ending unlawful race discrimination is a precondition of receiving federal funds. 
     
    He has also saved women’s sports by ending the participation of men in women’s sports.  He has ended radical gender ideology across the entire federal government, and he’s pressured the private sector to also end and combat radical gender ideology.  He’s reestablished the scientific and biological truth that there are only two sexes in this country — male and female — that those are biologically based determinations.  They are not based and can never be based on gender identity. 
     
    That includes rooting out of the Department of Defense all DEI policies, all critical race theory, all gender madness, and once again having a military that is focused solely and exclusively on readiness, preparedness, and lethality.
     
    As I’m sure Kevin will talk about more, of course, he has undertaken a historic cost-cutting effort across the federal government, launching the first-ever Department of Government Efficiency, uncovering corruption on a scale that we never thought imaginable, terminating every single federal worker that we — that we have found to be engaged in the corruption and theft and the waste of taxpayer dollars, and already saving $50 billion in a single year, which over a 10-year period would be $500 billion.  Just think about how vast and enormous that sum is. 
     
    Of course, as you all know, he has renamed the Gulf of Mexico to its correct and proper name: the Gulf of America.  He has renamed Mount Denali into Mount McKinley, part of a historic effort to restore patriotism and national pride all across this land. 
     
    He has ended the weaponization of the federal government, restored the Department of Justice to its true mission of combating threats to this nation and keeping the American people safe. 
     
    He has ended all federal censorship of free speech.  This has been one of the greatest crises that has plagued this nation.  Years and years and years, the federal government violating the First Amendment to take away Americans’ right of free speech — President Trump has ended that.  And he has demanded that all federal workers, all law enforcement cease any effort to intimidate the rights of Americans or to police their speech. 
     
    He has also restored the death penalty at the Department of Justice, including for illegal aliens who commit murder, including for those who murder cops, and including for all of those who threaten Americans with heinous acts of violence.  The death penalty is back.  Law and order is back.  The streets are being made safe once again. 
     
    On the public health front, he has launched the nation’s first-ever commission — the MAHA Commission — Make America Healthy Again, following the historic confirmation of RFK Jr., to finally uncover the true root causes of the public health crisis in this country, the childhood disease epidemic in this country, the spiraling rates of pediatric cancer and devastating childhood sickness. 
     
    He has finally created a situation where the federal heal- — health agencies in this country will be focused on preventing disease, on keeping children from getting sick in the first place, not sentencing them to a lifetime in and out of hospitals, suffering needlessly, when we can find ways to prevent this epidemic of illness. 
     
    Then, of course, on homeland security.  Today, it is officially the law of the land at the conclusion of the congressional notification process that six Mexican cartels and two transnational gangs — Tren de Aragua, or TDA, and MS-13 — so eight organizations in total — are now formally designated as foreign terrorist organizations, which means that every single member of those organizations who operates on U.S. soil is now, as a legal matter, a terrorist, and they will be treated as terrorists. 
     
    This is a sea change in U.S. policy.  And this means the Department of Justice and the Department of Homeland Security, along with the rest of U.S. law enforcement and the Department of Defense, are now operating in a legal reality where these cartels are recognized as terrorists, and there will be a whole-of-government effort to remove these terrorists from our soil and to degrade their ability to threaten or undermine any American security or sovereignty interests.
     
    Border crossings since the day he took office are down 95 percent.  I think it’s almost impossible to even describe the scale and scope of that achievement.  President Trump, within days of taking office, cut border crossings 95 percent. 
     
    And those few who have dared to cross are being either prosecuted or deported.  They’re either facing significant jail time for trafficking, smuggling, harboring, aiding, impeding, or they’re being immediately removed from our soil.  Either way, at the end of the process, they are going home. 
     
    He has reimplemented Remain in Mexico, and he has obtained historic cooperation from foreign countries all around the world in accepting their deportees back. 
     
    And he has used the United States military to fully seal the southern border with a historic deployment of both active duty and National Guard troops, resumed the building of infrastructure.  He has opened up Guantanamo Bay, and he’s using military aircraft to carry out deportations all across this country. 
     
    And ICE is joining with ATF, DEA, and FBI to carry out the largest deportation operation in American history.  The criminals are going home.  The border is sealed shut.  America is safe, sovereign, proud, and free.  We are a nation that everyone in the world understands all across this planet: You do not come here illegally.  You will not get in.  You will go to jail.  You will go home.  You will not succeed. 
     
    This is the biggest and most successful change in any area of law enforcement that this nation has ever seen, and he did it in under one month. 
     
    Thank you.
     
    MR. HASSETT:  Should I go?
     
    MS. LEAVITT:  Yes, yes.
     
    MR. HASSETT:  Well, thank you, Karoline.  Thank you, Stephen. 
     
    You know, one of the things that President Trump cares most about is job creation.  And it was about seven years ago I had the honor of joining you in this room for the first time, and it looks like we’ve created a lot more jobs in the last month.  Look at how many people are here.  I — my estimate is about 180 but — but I didn’t count. 
     
    So, thank you.  It’s really an honor to be back here.  I think that I just want to go over a few things and then hand it off to Mike. 
     
    The first thing is that the President has told us to prioritize fighting inflation, and he had to do that because, as you know, President Biden let inflation get completely out of control.  And he did it with policies that made no sense.  They made no sense. 
     
    You know, a lot of times, you people say to us — our friends, the journalists — you know, “Why are you doing that?”  But — but, you know, I like to think, “Why did they do that?  Why did they spend so much money and then — why did the Fed print so much money so that we had inflation as high as we’ve ever seen since Jimmy Carter?  So, why did they do that?”
     
    So, we’re addressing inflation.  We didn’t have to address it in the first term, because it was always in the 1s, almost always.  But we’re going to get it back there. 
     
    And how are we doing it?  Well, we’re doing it with a plan that President Trump and I and others have talked about in the Oval that involves, like, every level of fighting inflation. 
     
    First, the macroeconomic level.  We’re cutting spending.  We’re cutting spending in negotiations with people on the Hill.  We’re cutting spending with the advice of our IT consultant, Elon Musk.  And then we’re also looking into supply-side things, like restoring Trump’s tax cuts, maybe even expensing new factories so that there is an explosion of supply.  If you have an explosion of supply and a reduction in government demand, then inflation goes way down. 
     
    And then, one of the things that you want to say is “Well, when are you going to see it?”  Well, the first thing that you’ll see when the markets believe that we’re going to get inflation under control is that the 10-year Treasury rate goes down, because that’s how they think about future expected inflation. 
     
    And so, we’re still going to see some memory of Biden’s inflation.  It’s not going to go away in a month.  But the 10-year Treasury before the last Consumer Price Index had dropped about 40 basis points.  Forty basis points because markets were optimistic about our ability to fight inflation. 
     
    Forty basis points is kind of not a fun thing to say.  I — economists talk that way.  I apologize.  But the way to think about it is, for a typical mortgage, if that affects the mortgage rate, then it’s going to save a typical family buying a house about a thousand bucks a year, and that’s just in our first month. 
     
    Okay.  The second thing we’ve done is we’ve had a lot of trade talks.  In fact, I was just meeting a minister from Mexico with Howard Lutnick just a couple of hours ago.  And we’re talking about reciprocal trade, and we’re also talking about the fentanyl crisis. 
     
    And so, reciprocal trade is about our government treating other governments the way they treat us.  We want trade to be fair.  It turns out that Americans have been disadvantaged by foreign governments over and over, and President Trump wants it to stop.  And the fact that struck me as most noticeable, when I started to look at what President Trump was asking us to do, is that last year — last year — we have data — U.S. companies paid $370 billion in taxes to foreign governments — $370 billion.  Last year, foreign multinationals paid us $57 billion in taxes. 
     
    We have one quarter of world GDP.  They have three quarters of world GDP.  And we’re paying $370.  They’re paying $57.  This is not reciprocal.  We’re going to try — or we’re going to fix it. 
     
    The other thing that we’ve done is we’ve had an all-of-the-above energy approach that’s led by Doug Burgum and Chris and a really large team — EPA — and we’ve already made so many actions that are going to affect the price of energy and lower inflation. 
     
    We’ve opened up 625 million acres to energy exploration.  We’ve cut 50 years of red tape that makes it so you can’t have permits.  And we’ve even made it so that when you go home, if you get a new one, then you can take a shower or flush a toilet or read under a light bulb.  We’re doing that too. 
     
    So — so, finally, let’s just think about, like, the facts that we can see right now that we think are awesome.  So, guess what?  Small-business optimism is — has go- — gone up by the most ever since President Trump came in.  ISM, which is the measure of what’s going on in manufacturing, it’s expanding again for the first time in years.  CEO confidence is the highest it’s been in years.  And the reason — the reason people are thinking this is that our policies give people cause for optimism. 
     
    And then I want to reiterate what Stephen Miller said, because it’s so important — and it’s so important for financial markets to start to digest this — that if, say, the Treasury secretary or the — any Cabinet secretary, with Elon Musk, is able to find some savings — say, $100 billion — well, in CBO land, that’s actually, like, about 10 times that or maybe 12 times that over a 10-year window. 
     
    And so, when you’re thinking about the negotiations right now over reconciliation and thinking about, well, $4 trillion, $5 trillion, well, those numbers, in terms of the savings, are going to end up being small because of all the waste that we’re finding. 
     
    And so, we’re incredibly optimistic about the future of inflation and the future of our economy.  And we’re optimistic because we’re making so much progress so far, and we already see it in market prices. 
     
    And, with that, I’ll hand it off to Mike. 
     
    MR. WALTZ:  All right.  Thanks, Kevin. 
     
    Well, good afternoon.  What a month and what a sea change in our — in our foreign policy.  In addition to what we’re doing on the border and restoring American sovereignty, in addition to what we’re doing in our economy and the job creation and the inflation reduction, we are bringing the world back to where it was at the end of President Trump’s first term, which is a world of peace, prosperity, and — and looking forward and getting us out of the chaos that we’ve just seen over the last four years. 
     
    So, over the last month, just to name a few, I had the honor of sitting in the Oval Office as President Trump spoke with President Putin and then immediately spoke with President Zelenskyy, and both of them said only President Trump could bring both sides to the table, and only President Trump could stop the horrific fighting that has been going on now for the better part of four years and that only President Trump could drive the world back to peace.  Both of those leaders said that in back-to-back calls.
     
    And, of course, we just had our historic talks mediated by our — our good friends and partners, Saudi Arabia — we give great thanks to Crown Prince Mohammed bin Salman for hosting — and sat down for the first time in years with the Russians and talked about a path forward with peace.
     
    On top of that and one of the things that led to that was a tremendous co- — confidence-building measure that we had with the release of Marc Fogel.  I’ll remind everyone, the last time that we had an American released from the Russians, either we gave up a deadly spy; pressured our allies to give up a lethal killer; or we released, under the Biden administration, the world’s most notorious arms dealer, Viktor Bout, who, by the way, had one of his main clients for arms the cartels in — in Mexico and Central America. 
     
    We gave up none of that.  This was released as a confidence-building measure, working with our great Middle East Envoy, Steve Witkoff, and our secretary of State as a first step towards opening these talks and then moving forward towards peace. 
     
    On top of that, we’ve secured, just in a month, the return of a dozen — 12 — American hostages from Russia, from Bulgaria, from Venezuela, the Taliban, and Hamas.  Excuse me, that’s from Belarus, not Bulgaria. 
     
    We also had — for the first time in quite some time, we took out a senior leader of ISIS, an international financier and recruiter that the military had been trying to take out for quite some time and — and wasn’t able to do so, frankly, because of a bureaucratic approval process.  President Trump said, “Take him out.”  And that ISIS financier and leader is no longer on this Earth. 
     
    We’ve also taken action to eliminate other terrorist organizations in the Middle East.  We drove — before the President was even in office, he started talking consequences for people that would hold Americans. 
     
    Heretofore, there’s been nothing but upside.  You take an American, you get some better deal.  You take another one, maybe you get a better deal.  No more.  There is now nothing but downside for taking Americans illegally, either as hostages or illegal detainees. 
     
    And when President Trump sent a very clear message across the Middle East, but particularly to Hamas, that there would be all hell to pay, we suddenly saw a breakthrough.  And now we just saw the release of yet another group of hostages.  There have been dozens now, including two Americans that we’ve seen once again reunited with their families. 
     
    As part of the talks with King Abdullah, he offered — and — and I think the entire world has graciously accepted — to take 2,000 sick children, cancer patients, and others out of Gaza.  As a humanitarian — as a humanitarian gesture, 2,000 Gazans will come out of that hellhole that it is, that wasteland that Gaza is right now, with unexploded ordnance, with debris everywhere, with no sewage, with no water.  And — and President Trump has — has put forward a plan to deal with the practical reality that is 1.8 million Gazans now — now truly suffering.
     
    And then, you know, just to bring it back to our own hemisphere, we’ve seen literally, in the last month — after years of national security experts, the generals in charge, and others testifying and ringing the alarm bells about — about the Chinese Communist Party’s presence in our own hemisphere, particularly in the Panama Canal, we’re seeing the leadership of Panama step away from the Belt and Road program, move away from China and back towards the United States, and even enter into talks and — and other negotiations about addressing the ports on either side of the canal. 
     
    And then, finally, last but not least, we’ve had four world leaders in the White House, in the Oval Office.  We’ve had the prime minister of Japan, the prime minister of India, the king of — of Jordan, and, of course, the prime minister of Israel just in the last four weeks.  And next week, we’ll have the Prime Minister of the United Kingdom and we’ll have the president of France, Macron. 
     
    So, President Trump is on what we call Trump warp speed.  We are all — we are all honored to be really serving under — under his leadership and his vision.  And truly, you know, when we all say — and the President himself say — says, he is a president of peace.  He is a president focused on restoring stability.  I think the entire world saw what the world would look like without strong American leadership in the last four years.
     
    And it’s truly been an honor to get us back to where we were and back on track under President Trump’s leadership. 
     
    MS. LEAVITT:  Thank you, Mike. 
     
    MR. WALTZ:  Mm-hmm.
     
    MS. LEAVITT:  Thank you.  Thank you, everybody.  I’m sure you’re very eager to ask questions of these very smart people working very hard on behalf of the president. 
     
    We do have somebody in our new media seat today.  We have John Stoll, who is the head of news at X.  As you all know — you’re all on X — it’s home to hundreds of millions of users, a large contingent of independent journalists and news organizations across geographies and political spectrums.  And at the same time, X remains the go-to platform for many legacy news outlets.  And I know, as I mentioned, many of the reporters in this room use X to attract eyeballs to your work. 
     
    Prior to joining X, John spent two decades in journalism, including several years as an editor at The Wall Street Journal.  We are excited to have him in the briefing room today.
     
    John, we’ll let you kick it off.  And as I said at the top, please direct your question to the individual up here who you’d like an answer from. 
     
    John, why don’t you begin.
     
    Q    All right.  Thank you very much.  I am sitting in for a thriving ecosystem of journalists, independent and — and emerging news organizations who do depend on X for publicity, for a business model.  And so, I look forward to seeing many of them in this seat in months and years to come. 
     
    I also thank you, Karoline, for opening this seat up to new media.  It — it really is a testament not only to your open-mindedness but also to innovation that you’d actually think about, you know, folks that are not traditionally credentialed to be in this room to be in this room and to not only have a question but also to witness — you know, this is at a very important intersection of power and the free press.
     
    And so, just the ability to witness this and — and be part of it, it brings everybody’s game up.  So, thank you for that. 
     
    I think this is for Mike Waltz.  My question is about Ukraine.
     
    MR. WALTZ:  Sure.
     
    Q    For about more than 10 years, I’ve been fascinated, like all — like many, with what’s going on.  I was in Northern Europe working out of the Baltics when Crimea was annexed and was — a lot — a lot of this came on Twitter.  The platform used to be known as Twitter.  Was — a lot of European leaders would — would talk about their disappointment and — and solidarity with Ukraine, but when it came to actually doing something, it felt like they were passing a hot potato and sent it over the Atlantic. 
     
    I wonder how much of what we’re seeing right now out of the administration and President Trump is a call to Europe and the European leaders and allies that we’ve traditionally had to pick up that hot potato and — and start doing something a little bit more concrete to win and preserve the peace in Ukraine. 
     
    The second question I have is — it — it’s related — is there’s been some — a lot of speculation that President Trump and the administration might be manipulated by Pre- — by Vladimir Putin.  I wonder if you can just talk a little bit about the administration’s posture —
     
    MR. WALTZ:  Yeah.
     
    Q    — and your confidence in the competence of this administration to d- — go toe to toe with Vladimir Putin. 
     
    MR. WALTZ:  Well, if there’s an- — I’ll take the l- — second question first.  If there’s anybody in this world that can go toe to toe with Putin, that could go toe to toe with Xi, that could go toe to toe with Kim Jong Un — and we could keep going down the list — it’s Donald J. Trump.  He is the dealmaker in chief.  There is no question that he is the commander in chief. 
     
    And I, for one — and I think all Americans and around the world should have no doubt about his ability to not only handle Putin but to handle the complexity of driving this war to an end. 
     
    And then on your first piece on Europe, I’ll take you back to 2014.  You’re right.  There was a lot of hand-wringing in Europe and not a lot of action.  There was also a lot of hand-wringing here in Washington under the Obama administration and not a lot of action.  They literally threw blankets at the problem. 
     
    And so, I’ll remind everyone that Putin had, you know, some type of conflict, invasion, or issue with their neighbor under President Bush, with Georgia; under President Obama, with Ukraine in 2014; not under President Trump, 45; and again with President Biden in 2022.  The war should have been deterred.  The war should have never happened, and I have no doubt it would not have happened under President Trump and will stop under President — President Trump again. 
     
    But I just want to push back on this notion of our European allies not being consulted as we’ve entered into this process.  I already mentioned the immediate phone call President Trump made to President Zelenskyy.  He has talked to President Macron of France repeatedly last week.  President Macron convened European leaders and then is coming here on Monday.  Prime Minister Starmer is coming next Thursday. 
     
    We’ve also — I’ve talked to every one of my national security — national security advisor counterparts across — across the spectrum in Europe.  I’ve talked to Secretary-General Rutte, the — the leader of NATO, the secretary-general of NATO.  We have repeatedly — oh, by the way, we had half our Cabinet — seven Cabinet officials, including the vice president, at the Munich Security Conference, all engaging, all listening, and all making sure our allies were heard. 
     
    However, we’ve also made it clear for years — decades, even — that it is unacceptable that the United States and the United States taxpayer continues to bear the burden not only of the cost of the war in Ukraine but of the defense of — of Europe.  We fully support our NATO Allies.  We fully support the Article 5 commitment.  But it’s time for our European allies to step up. 
     
    And one of the things that Secretary-General Rutte said on our call was this last couple of weeks have been a real wake-up call.  And I asked him, “What have you been missing the last couple of years?” 
     
    The fact that we are going to enter into a NATO summit this June with a third of our NATO Allies still not meeting the 2 percent minimum, a commitment they made a decade ago — literally a decade ago — with a war on their doorstep — the largest war that they’re all extremely concerned about — but yet it’s “Well, somebody else needs to pay.  We’ve got other domestic priorities.”  It’s unacceptable.  President Trump has made that clear. 
     
    And the minimum needs to be met.  We need to be at 100 percent in — this June at the NATO summit.  And then let’s talk about exceeding it, which what — is what President Trump has been talking about, with 5 percent of GDP. 
     
    Europe needs to step up for their own defense as a partner.  And we can be friends and allies and have those tough conversations. 
     
    MS. LEAVITT:  Great.  Peter.
     
    Q    Thank you, Karoline.  I have a Ukraine one and a DOGE one.  Who can talk DOGE?
     
    MS. LEAVITT:  Stephen, go ahead.
     
    Q    Well, so — so, Stephen, we’re hearing about these DOGE dividend checks that would be 20 percent back to taxpayers, 20 percent to pay down the debt.  Sixty percent is left.  Who gets that?
     
    MR. MILLER:  Well, the way that it works is when you achieve savings, you can either return it to taxpayers, you can return it to our debtors, or it can be cycled into next year’s budget, and then it just lowers the overall baseline for next year.  So, in other words, you can just transfer it into the next fiscal window and then lower the overall spending level.  And that means that you can achieve a permanent savings that way, and that reduces the deficit. 
     
    Q    And when is it that people might see those checks?
     
    MR. MILLER:  Well, this is all going to be worked on through the reconciliation process with Congress that’s going underway right now, as you’ve seen.  The Senate is moving a bill.  The House is moving a bill.  The president has great confidence in both chambers to deliver on his priorities. 
     
    I would just take this opportunity to note that President Trump has made a historic commitment to the working class of this country to fight for a major tax relief and major price relief.  And cutting spending, as DOGE is doing, and cutting taxes is the key to delivering on both of those promises.  And President Trump is resolutely committed to doing both. 
     
    Q    Thank you.  And on Ukraine.  I guess, this is for Mike.
     
    MR. WALTZ:  Sure. 
     
    Q    After the president’s post on Truth Social yesterday, need to know: Who does he think is more responsible for the Russian invasion of Ukraine, Putin or Zelenskyy?
     
    MR. WALTZ:  Well, look, his — his goal, Peter, is to bring this war to an end, period.  And there has been ongoing fighting on both sides.  It is World War I-style trench warfare. 
     
    His frustration with President Zelenskyy is — that you’ve heard — is multifold.  One, there needs to be a deep appreciation for what the American people, what the American taxpayer, what President Trump did in — in his first term, and what we’ve done since.  So, some of the rhetoric coming out of Kyiv, frankly, and — and insults to President Trump were unacceptable.  Number one. 
     
    Number two, our own secretary of Treasury personally made the trip to offer the Ukrainians what is — can only be described as a historic opportunity — that is for America to coinvest with Ukraine in their minerals, in their resources, to truly grow the pie. 
     
    So, case in point, there’s a foundry that processes aluminum in Ukraine.  It’s — it’s been damaged.  It’s not at its current capacity.  If that is restored, it would account for America’s entire imports of aluminum for an entire year — that one foundry.
     
    There are tremendous resources there.  Not only is that long-term security for Ukraine, not only do we help them grow the pie with investments, but, you know, we do have an obligation to the American taxpayer in helping them recoup the hundreds of billions that ha- — that have occurred. 
     
    So, you know, rather than enter — enter into some constructive conversations about what that deal should be going forward, we got a lot of rhetoric in the media that was — that was incredibly unfortunate. 
     
    And I could just tell you, Peter, you know, as a veteran, as somebody who’s been in combat, this war is horrific.  And I think we’ve lost sight of that, of the literally thousands of people that are dying a day, families that are going without the next generation. 
     
    And I find it kind of, you know, frankly, ridiculous.  So many people in Washington that were just demanding, pounding the table for a ceasefire in Gaza are suddenly aghast that the president would demand one and both sides come to the table when it talks to — when it comes to Ukraine, a war that has been arguably far greater in — in scope and scale and far more dangerous in terms of global escalation to U.S. security.
     
    Q    And I do have one for Karoline.
     
    MS. LEAVITT:  Sure.
     
    Q    Does President Trump have a bet with Trudeau about this USA-Canada hockey game tonight?  (Laughter.)  And when there is a big hockey game on, is the president watching for the goals or for the fights?
     
    MS. LEAVITT:  (Laughs.)  Probably both.  I think he’s watching for the United States to win tonight.  I know he talked to the USA hockey team this morning.  He talked to the players after their morning practice, around 10 o’clock.  And I also spoke to some folks from that team after.  They were jubilant over President Trump’s comments to the team.  I believe they’re going to put out a video of that call. 
     
    So, he looks forward to watching the game tonight, and we look forward to the United States beating our soon-to-be 51st state, Canada.  (Laughter.)
     
    Bloomberg, go ahead. 
     
    Q    My question is for Mike Waltz.  Can you give us a readout of Kellogg’s meeting with Zelenskyy that just wrapped up?  And, in particular, Zelenskyy publicly rejected this deal about the rare earth minerals.  Where — where does that stand?
     
    MR. WALTZ:  Well, we’re going to continue to have — he needs to come back to the table, and we’re going to continue to have discussions about where that deal is going. 
     
    Again, we have an obligation to the taxpayer.  I think this is an opportunity.  The president thinks this is an opportunity for Ukraine going forward.  There can be, in my view, nothing better for Ukraine’s future and for their security than — than to have the United States invested in their prosperity long-term.  And then a key piece of this has also been security guarantees. 
     
    Look, the — the reality that we’re talking about here is: Is it in Ukraine’s interest?  Is it in Europe’s interest?  It certainly isn’t in Russia’s interest or in the American people’s interest for this war to grind on forever and ever and ever. 
     
    So, a key part of his conversation was helping President Zelenskyy understand this war needs to come to an end.  This kind of open-ended mantra that we’ve had under the Biden administration, that’s over.  And I think a lot of people are having a hard time accepting that.
     
    And then the other piece is there’s been discussions from Prime Minister Starmer and also President Macron about European-led security guarantees.  We welcome that.  We’ve been asking Europe to step up and secure its own prosperity, safety, and security.  So, we certainly welcome that. 
     
    And we certainly welcome more European assistance.  As I told my counterparts, “Come to the table with more, if — if you want a bigger seat at the table.”  And we’ve been asking for that for quite some time. 
     
    Q    And has Russia pushed for sanctions in your talks with them?  And have you consulted with international partners and allies about potentially rolling back sanctions in these negotiations to end the war?
     
    MR. WALTZ:  Those — the talks with — with our Russian counterparts — both with my counterpart, the national security advisor; Secretary Rubio’s counterpart, the Foreign Minister, Foreign Minister Lavrov — you know, it — it really were — was quite broad, focused on what is the goals for our broader relationship, but very clear that the fighting has to stop to get to any of those brighter goals. 
     
    And as a first step, we’re just going to do some commonsense things, like restore the — the ability of both of our embassies to function. 
     
    And, again, you know, this is — this was common sense.  In — in foreign policy world, they call it “shuttle diplomacy.”  We have to talk to both sides in order to get to both sides to the table, and both sides have said only President Trump could do that. 
     
    MS. LEAVITT:  Diana.
     
    Q    Thank you.  And my question is for Mike Waltz.  (Laughter.)
     
    MR. WALTZ:  All right.
     
    Q    The president has called Zelenskyy a dictator.  Does he view Putin as a dictator? 
     
    And does he want Zelenskyy out of power?  I know he’s called for elections. 
     
    And then, thirdly, the head of the Defense Committee in Ukraine’s parliament just has claimed that the U.S. has stopped selling weapons to Ukraine.  Is that true?
     
    MR. WALTZ:  Well, most of our weapons that have gone to Ukraine have been part of a drawdown authority, where we’ve literally taken them out of our stocks and then, eventually, through appropriations, started buying them again to refill our stocks. 
     
    I’ll, you know, just state that there has been a lag in a lot of that process.  So, many of our stocks, as we look at our operations around the world, are becoming more depleted.  That’s one of the reasons many people have had a lot of concern about: When does this end?  How much is it going to take?  How many lives will be lost?  How much will we be — how much will we spend? 
     
    As a member of Congress, we repeatedly asked the Biden administration those questions, and we never got a satisfactory answer. 
     
    Look, President Trump is obviously very frustrated right now with President Zelenskyy — the fact that — that he hasn’t come to the table, that he hasn’t been willing to take this opportunity that we have offered.  I think he eventually will get to that point, and I hope so very quickly.
     
    But President Trump is — as we made clear to our Russian counterparts, and I want to make clear today — he’s focused on stopping the fighting and moving forward.  And we could argue all day long about what’s happened in the past. 
     
    MS. LEAVITT:  Reagan.
     
    Q    Thanks.  I have a question for Stephen —
     
    (Cross-talk.)
     
    Q    — and a question for Mike.
     
    MS. LEAVITT:  Excuse me, I just called on Reagan.  Reagan, go ahead. 
     
    Q    I have a question for Stephen and a question for Mike. 
     
    MS. LEAVITT:  Sure.
     
    Q    Stephen, I can start with you.  There have been reports —
     
    MR. MILLER:  Thank you.
     
    Q    — that Trump is unhappy with the rate of deportations and he wants them to be higher.  Is the president happy with the rate of deportations, and are there any plans to speed up the process?
     
    MR. MILLER:  Well, first of all, we all appreciate the encouragement from the media to deport as many illegal aliens as humanly possible.  So, thank you. 
     
    And I will promise you that the full might of the Department of Homeland Security, the Department of Justice, the Department of Defense, and every element and instrument of national power will be used to remove, with speed, all criminal illegals from the soil of the United States of America, to enforce final removal orders, and to ensure that this country is for American citizens and those who legally belong in this country.
     
    We inherited an ICE that was completely shuttered.  We inherited a Department of Homeland Security whose sole mission was to resettle illegal aliens within the United States of America. 
     
    In 30 days, the president sealed the border shut, declared the cartels to be terrorist organizations, has increased ICE deportations to levels not seen in decades, and we are shortly on the verge of achieving a pace and speed of deportations this country has never before seen. 
     
    Thank you. 
     
    Q    And Mike.
     
    MR. WALTZ:  Mm-hmm.
     
    Q    There have been reports that there’s some underground opposition to Trump’s pick for Undersecretary of Defense for Policy, Elbridge Colby.  Have you or anyone from the administration been personally lobbying senators to support Elbridge Colby? 
     
    MR. WALTZ:  Look, I’ve worked with Bridge Co- — Colby in the past.  He has the president’s full support to be the Undersecretary of policy, which will be a critical policy arm for Secretary Hegseth going forward that will implement a lot of these policies. 
     
    And — and really, that’s — that’s been the extent of it.  I think there’s been a lot of kind of, you know, breathless — I don’t know — back-and-forth in the — in the press, but we’re full speed ahead to get the president’s team in place so we can implement his America First policy. 
     
    MS. LEAVITT:  Thank you.  Mike has spoken pretty extensively.  Does anybody have questions for Stephen or for Mr. Hassett?
     
    Q    I do.
     
    MS. LEAVITT:  Nobody wants to talk about the economy?  (Laughter.)
     
    (Cross-talk.)
     
    MS. LEAVITT:  Sure. 
     
    Q    IRS.
     
    MS. LEAVITT:  IRS.  Okay.  Go ahead.
     
    Q    And this would be for either one of you.  So, we have reported, several other outlets have reported that about 3,500 people are due to be — lose their jobs at the IRS by the end of the week.  If the goal of these spending cuts across the federal government has been to reduce the debt, why impose some of the deepest cuts we’ve seen so far at the agency responsible for raising revenue for the federal government?
     
    MR. HASSETT:  Well, I think our objective is to make sure that the employees that we pay are being productive and effective.  And there are many, many — more than 100,000 people working to collect taxes, and not all of them are fully occupied.  And the Treasury secretary is studying the matter and feels like 3,500 is a small number and probably can get bigger, especially as we improve the IT at the IRS.
     
    And so — so, I think that it’s absolutely something that is on the table for good reasons.  And the point is that — don’t just talk about the IRS.  Talk about all of government, that there are so many places — I live in D.C.; you maybe live in D.C. — where you never — there — nobody — nobody is going into the buildings.  People aren’t commuting because nobody is doing their job.  We look back and we see that there are all these people doing two jobs while they’re getting a government payroll — on the payroll. 
     
    So, the point is, we’re fixing that, and the IRS is a small part of that picture. 
     
    Q    So, you’re saying that everybody who’s being let go was doing a bad job?
    MR. HASSETT:  I’m saying that we’re studying every agency and deciding who to let go and why, and we’re doing so very rationally with a lot of support from analysis. 
     
    Q    Because we’re being told by a lot of people who have been let go at other agencies that they were told they were being dismissed because of poor performance, when, in some cases, they haven’t even had a performance review yet because they’ve only been on the job a couple of months. 
     
    MR. HASSETT:  Yeah, I’ve never seen a person who was laid off for poor performance say that they were performing poorly.  (Laughter.)  Okay?
    Q    Karoline.
     
    MS. LEAVITT:  Good point.  Sure, Kaitlan.
     
    Q    I have a question.  I’ll start with you, Kevin Hassett.  Thank you for being here.  And then I’ve got a question for Mr. Waltz.
     
    On these potential checks that you might send out from DOGE, is there a concern, as you’re thinking through this, that they could be inflationary?
     
    MR. HASSETT:  Oh, absolutely not, because imagine if we don’t spend government money and we give it back to people, then the — you know, if they spend it all, then you’re even.  But they’re probably going to save a lot of it, in which case, you’re reducing inflation. 
     
    Q    Okay.  So, you’re not —
     
    MR. HASSETT:  And also, when the government spends a lot, that’s what creates inflation.  We learned that from Joe Biden.  And so, if we reduce government spending, then that’s — you know, reduces inflation.  And if you give people money, then they’re going to save a bunch of it.  And — and when they save it, then that also reduces demand and reduces inflation. 
     
    Q    Okay.  So, you’re not worried about it. 
     
    MR. HASSETT:  No, I’m not.
     
    Q    And, Mr. Waltz, to follow up on Peter’s question, you wrote in an op-ed in the fall of 2023 that, quote, “Putin is to blame, certainly, like al Qaeda was to blame for 9/11.”
     
    MR. WALTZ:  Mm-hmm.
     
    Q    Do you still feel that way now, or do you share the president’s assessment, as he says Ukraine is to blame for the start of this war?
     
    MR. WALTZ:  Well, it shouldn’t surprise you that I share the president’s assessment on all kinds of issues.  What I wrote as a Member of Congress is — was as a former Member of Congress. 
     
    Look, what I share the president’s assessment on is that the war has to end.  And what comes with that?  What comes with that should be, at some point, elections.  What comes with that should be peace.  What comes with that is prosperity that we’ve just offered in this natural resources and economic partnership arrangement: an end to the killing and European security and security for the world.  The President is not only determined to do that in Europe, he’s determined to do it in the Middle East. 
     
    And just a few months ago, we had an administration that had tried for 15 months, week after week, sitting with you here, and couldn’t get us to a ceasefire, couldn’t get our hostages out.  Now we’re at that point.  We’re back to the maximum pressure on Iran.
     
    And we will — we have just begun, and we will drive towards a ceasefire and all of those other steps.  I’m not going to pre-negotiate or get ahead of the sequencing of all of that.  It’s a very delicate situation. 
     
    But this is a president of peace.  And who here would argue against peace?
     
    Q    Okay.  So, you do share that assessment. 
     
    And can I follow up.  In 2017 —
     
    MS. LEAVITT:  No.  Go ahead, Jordan.
     
    Q    — then-President Trump —
     
    MS. LEAVITT:  Go ahead, Jordan. 
     
    Q    Can I just follow up really quickly?
     
    Q    Thank you.  So —
     
    MS. LEAVITT:  You just had two questions, Kaitlan.
     
    Q    May I — can I just —
     
    MS. LEAVITT:  Jordan, go ahead. 
     
    Q    Mr. — Mr. Hassett —
     
    MS. LEAVITT:  Thank you.
     
    Q    I have an important follow-up for Mike Waltz.
     
    MS. LEAVITT:  Jordan, go ahead.  Go ahead.
     
    Q    So, Mr. Hassett, you were speaking about tariff revenue, and you also addressed a question about the R- — IRS.  President Trump has spoken about replacing income tax with tariff revenue, especially with all this waste, fraud, and abuse that we’re seeing cut.  Is that a possibility?
     
    MR. HASSETT:  Absolutely.  And, in fact, if you think about the China tariff revenue that we’re estimating is coming in from the 10 percent that we just added, plus the de minimis thing, that it’s between $500 billion and a trillion dollars over 10 years, is our estimate.  And that’s something that is outside of the reductions that markets are seeing through the negotiations up on the Hill.
     
    And so, we expect that the tariff revenue is actually going to make it much easier for Republicans to pass a bill, and that was the President’s plan all along. 
     
    Thank you.
     
    Q    And I — I have a question for Stephen Miller about DOGE.  So, you — you spoke about DOGE.  You said roughly $50 billion is set to be cut in a year of waste, fraud, and abuse by unelected bureaucrats.  We’re hearing this ironic narrative from the President’s critics and the left-wing media that Elon Musk is an unelected bureaucrat, and he’s doing all this terrible stuff.  Isn’t one of DOGE’s objectives to get — get rid of the federal bureaucracy, the — the deep state?  And also, who was running the White House when Joe Biden was in office —
     
    MR. MILLER:  (Laughs.)
     
    Q    — because I don’t know a single person who believes it was Joe Biden? 
     
    MR. MILLER:  Yes.  You’re — you’re tempting me to say — (laughs) — some very harsh things about some of our media friends.  The — yes, it is true that many of the people in this room, for four years, failed to cover the fact that Joe Biden was mentally incompetent and was not running the country. 
     
    It is also true that many people in this room who have used this talking point that Elon is not elected fail to understand how government works.  So, I’m glad for the opportunity for a brief civics lesson. 
     
    A president is elected by the whole American people.  He’s the only official in the entire government that is elected by the entire nation.  Right?  Judges are appointed.  Members of Congress are elected at the district or state level.  Just one man. 
     
    And the Constitution, Article Two, has a clause, known as the vesting clause, and it says, “The executive power shall be vested in a president,” singular.  The whole will of democracy is imbued into the elected president.  That president then appoints staff to then impose that democratic will onto the government. 
     
    The threat to democracy — indeed, the existential threat to democracy — is the unelected bureaucracy of lifetime, tenured civil servants who believe they answer to no one, who believe they can do whatever they want without consequence, who believe they can set their own agenda no matter what Americans vote for. 
     
    So, Americans vote for radical FBI reform, and FBI agents say they don’t want to change.  Or Americans vote for radical reform in our energy policies, but EPA bureaucrats say they don’t want to change.  Or Americans vote to end DEI — racist DEI policies, and lawyers in the Department of Justice say they don’t want to change. 
     
    What President Trump is doing is he is removing federal bureaucrats who are defying democracy by failing to implement his lawful orders, which are the will of the whole American people. 
     
    Thank you. 
     
    Q    Thanks, Stephen.  Can I follow up?
     
    Q    Karoline.
     
    MS. LEAVITT:  Thank you very much, everybody.  I’m looking at the clock.  We’ve almost had an hour of time. 
     
    (Cross-talk.)

    LEAVITT:  I know a couple of these individuals have a meeting to get to at 2:00 p.m.  So, you’re welcome to follow up with my team for further questions.  We’re going to let these guys get back to running the United States government.
     
    And we will see you all later.  President Trump will be speaking at 3 o’clock at the Black History Month reception.
     
    So, thank you.  It’s good to see you.  We’ll see you in a bit.  Thanks.
     
    Q    Are you going to the Black History Month reception, Mr. Miller?
     
    Q    Stephen, on the fraud.  Should we expect indictments?
     
    Q    What is your reaction to Mitch McConnell’s retirement?
     
    Q    Are there indictments coming for all the fraud we’ve found?
     
         MR. MILLER:  I’d love to follow up with you.  Just set up a time with Karoline.
     
         Q    Okay.  Thank you. 
     
    END                   1:56 P.M. EST

    MIL OSI USA News

  • MIL-OSI China: China-South Africa Economic and Trade Forum, China Int’l Supply Chain Expo roadshow held in Johannesburg

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

    China-South Africa Economic and Trade Forum, China Int’l Supply Chain Expo roadshow held in Johannesburg

    JOHANNESBURG, Feb. 20 — The China-South Africa Economic and Trade Forum and the third China International Supply Chain Expo Promotion Conference were held in Johannesburg on Thursday.

    The event, held by the China Council for the Promotion of International Trade (CCPIT), was attended by over 200 people, including Minister at the Chinese Embassy in South Africa Li Zhigang, South Africa’s Gauteng Member of the Executive Council Jacob Mamabolo, and representatives from business associations and enterprises of both countries.

    In his opening speech, Ren Hongbin, chairman of the CCPIT, said the council has long been committed to promoting economic and trade cooperation between China and South Africa.

    He expressed willingness to work with the South African side to implement the important consensus reached by the leaders of both countries, promote high-quality Belt and Road cooperation, and strengthen bilateral economic and trade cooperation.

    Ren extended a sincere welcome to the South African business community to participate in the third China International Supply Chain Expo to deepen bilateral cooperation in industrial and supply chains.

    Representatives from the South African political and business sectors underscored the huge potential of economic and trade cooperation between the two countries, pledging to actively participate in the upcoming supply chain expo and deepen ties with China in digital infrastructure construction, green economy, inclusive finance, digital technology, and other fields for win-win outcomes.

    The third China International Supply Chain Expo will be held in Beijing from July 16 to 20. As the world’s first national-level exhibition focusing on supply chains, the expo has contributed to building more secure, stable, open, and inclusive global industrial and supply chains.

    MIL OSI China News

  • MIL-OSI China: 200 fraud suspects repatriated from Myanmar to China

    Source: China State Council Information Office 2

    A group of 200 Chinese citizens suspected of involvement in fraud returned to China under the escort of Chinese police on Thursday after being repatriated from Myawaddy in Myanmar. [Photo/Xinhua]
    A group of 200 Chinese citizens suspected of involvement in fraud returned to China under the escort of Chinese police on Thursday after being repatriated from Myawaddy in Myanmar.
    The suspects were first sent to Thailand’s Mae Sot, which shares a border with Myawaddy, on Thursday, before being flown back to China on several chartered flights. They arrived at an airport in Nanjing, the capital of eastern Jiangsu Province.
    The 200 Chinese citizens are the first group of telecom fraud suspects repatriated from Myanmar to China, according to the Ministry of Public Security (MPS).
    It added that more than 800 other Chinese fraud suspects are expected to be repatriated in the coming period.
    The repatriation of these suspects marks a significant achievement of law enforcement cooperation between China, Myanmar and Thailand against telecom fraud, the ministry said.
    According to the ministry, law enforcement authorities from the three countries recently launched a joint operation against telecom fraud in Myawaddy.
    In coordination with this effort, Thailand has cut off electricity, internet and fuel supplies to Myawaddy, and strengthened patrols to prevent illegal border crossings by individuals involved in fraud.
    Myanmar has deployed forces to raid telecom fraud compounds in Myawaddy, arrested fraud suspects, and rescued Chinese nationals trapped in scam operations.
    An official with the ministry said the three countries would institutionalize joint operations to combat telecom fraud and other transnational crimes on a regular basis. The ministry also vowed to continue to dismantle telecom fraud compounds and effectively safeguard the lives and property of Chinese citizens.
    Over recent years, Chinese authorities have made coordinated efforts to fight these rampant crimes.
    Last month, law enforcement authorities of China, Myanmar and Thailand reached a consensus to further strengthen trilateral law enforcement cooperation, establish a joint anti-crime mechanism, and jointly tackling wire and cyber fraud, human trafficking and other cross-border crimes.
    “Fighting online gambling and telecom fraud is a must choice to safeguard the common interests of China and other regional countries, and is what people of all countries want,” said Chinese foreign ministry spokesperson Guo Jiakun at a daily news briefing on Thursday.
    Resolutely cracking down on crimes of online gambling and telecom fraud also demonstrates the countries’ commitment to the people-centered development philosophy, said Guo.
    Earlier this month, a Chinese court in Zhejiang Province tried 23 defendants including key members of several major telecom fraud groups based in northern Myanmar. They were charged with 11 counts of criminal offences including fraud, intentional homicide, intentional injury, illegal detention, operating casinos, drug trafficking, and organizing prostitution.
    A prior official statement emphasized that the handling of the case reflects China’s dedication to protecting the legitimate rights and interests of the nation and its citizens.
    According to the Supreme People’s Procuratorate, between January and November 2024, China’s procuratorial authorities nationwide charged over 67,000 individuals with telecom and online fraud, up 58.5 percent year-on-year.
    Since the launch of a special campaign in July 2023, police have apprehended over 53,000 Chinese suspects involved in telecom and internet fraud operating from northern Myanmar.
    In an exclusive interview with Xinhua, Benedikt Hofmann, acting regional representative of the United Nations Office on Drugs and Crime (UNODC) for Southeast Asia and the Pacific, noted that telecom fraud has expanded rapidly in terms of the number of victims, geographical reach, and financial losses. The UNODC estimates that annual economic losses from such scams in East and Southeast Asia range between 20 billion and 40 billion U.S. dollars.
    Noting the recent cooperation between China and members of the Association of Southeast Asian Nations (ASEAN), including Thailand and Myanmar, Hofmann said this has created “a significant sense of momentum” for international efforts to tackle the issue.
    China has provided crucial support to other countries in combating both drug-related crimes and telecom fraud schemes, Hofmann said, suggesting that China’s approach to tackling telecom fraud, including active prevention measures, could provide invaluable experience for other countries. 

    MIL OSI China News

  • MIL-OSI China: China intensifies crackdown on prostitution, gambling

    Source: China State Council Information Office 2

    In 2024, Chinese police resolved over 60,000 criminal cases and 500,000 public order violations involving prostitution, pornography or gambling, amid reinforced efforts to address key public security concerns, the Ministry of Public Security said on Thursday.
    Law enforcement agencies conducted large-scale operations targeting online prostitution, illegal gambling and unlawful lotteries, dismantling a significant number of criminal networks and raiding illicit establishments.
    A major national operation aimed at curbing rural gambling during the winter and spring months led to the resolution of more than 10,000 criminal cases and 100,000 violations. The initiative contributed to a notable decline in gambling activities in rural areas, the ministry said.
    During the summer, authorities zeroed in on illegal gambling related to international football tournaments, uncovering over 800 cases and dismantling 500 gambling rings.
    In addition to these efforts, the ministry collaborated with industry regulators to address systemic issues, aiming to reduce the root causes of these crimes and enhance long-term prevention. 

    MIL OSI China News

  • MIL-OSI China: China releases first standards for mangrove restoration

    Source: China State Council Information Office 2

    China’s first technical group standards for the precise ecological restoration of mangroves have been released and implemented, according to the Chinese Academy of Sciences’ South China Sea Institute of Oceanology.
    The standards, led by the institute, are the country’s first technical guidelines in the field, addressing the lack of standardized procedures for precise mangrove restoration and evaluation. They are expected to promote the protection and sustainable development of mangroves further in China.
    Mangrove ecosystems, located at the dynamic interface between land and sea in intertidal zones periodically submerged by seawater, are unique coastal ecosystems with high ecological, social and economic value. They play a critical role in supporting offshore fisheries, purifying the environment, and enhancing carbon sequestration.
    However, challenges resulting from global climate change and human activities, such as rising sea levels, abnormal temperatures and increasing pollution, have led to significant environmental changes that threaten these vital ecosystems.
    According to the State of the World’s Mangroves 2024 report released by the Global Mangrove Alliance, the world’s total mangrove area currently stands at approximately 14.7 million hectares, a decrease of 2.3 million hectares compared to the 17 million reported by the United Nations Food and Agriculture Organization in 2005. Alarmingly, 50 percent of the world’s mangroves are at risk of collapse.
    As a result, accelerating the restoration of damaged mangrove ecosystems has become an urgent priority for international marine science, making mangrove ecological restoration and protection a key focus in global marine research.
    China has 27,100 hectares of mangroves. To better protect these ecosystems, the Chinese government launched the Mangrove Protection and Restoration Action Plan (2020-2025) in 2020, aiming to expand the country’s mangrove area to 36,000 hectares by 2025, thereby supporting the national “dual carbon” strategy.
    At that time, there was no standardized technical protocol for the precise ecological restoration of mangroves, either domestically or internationally.
    The development of such guidelines is crucial to standardizing restoration and evaluation techniques across different habitats, to guiding practical applications, and to promoting the sustainable development of mangrove ecosystems and biological resources in China, South Asia and Southeast Asia.
    The new standards establish principles and technical processes for the precise ecological restoration of mangroves in various habitats, including species selection, screening and configuration, and microbial community configuration. They also provide methods for evaluating the efficacy of mangrove restoration.
    The technical specifications proposed in the standards are designed to be practical, easy to implement, and compliant with relevant national laws and regulations.
    By filling the gap in this field, the standards ensure that mangrove restoration and assessment efforts are guided by clear criteria, enhancing the ecological health and functions of mangroves, and promoting the development of precise restoration and evaluation practices. 

    MIL OSI China News

  • MIL-OSI China: Chinese FM urges G20 to act as force for world peace, stability

    Source: China State Council Information Office

    Chinese Foreign Minister Wang Yi on Thursday called on Group of 20 (G20) countries to act as a force for world peace and stability.

    Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks in his speech at the G20 Foreign Ministers’ Meeting held in Johannesburg, the largest city and economic hub of South Africa.

    As G20 foreign ministers gather here today, it is necessary to revisit the consensus reached at the Rio de Janeiro summit, work together as a force for world peace and stability, and build a safer world, he said, noting that China is ready to work with all parties toward that end.

    “First, we should work together as guardians of world peace,” said Wang. All countries should respect each other’s sovereignty and territorial integrity as well as their independent choice of development path and social system, he stressed.

    “We should resolve differences between countries peacefully through dialogue and negotiation, and resolve international and regional hotspot issues politically, without resorting to bloc confrontation or interfering in the internal affairs of other countries,” he said, adding that the Five Principles of Peaceful Coexistence promulgated by China and other countries from the Global South 70 years ago still wield enormous vitality under the current circumstances.

    “Second, we should work together as creators of universal security,” Wang said. Mankind is a community with a shared future and an indivisible security community. The security of one country should not be at the expense of the security of others, and the legitimate security concerns of all countries should be taken seriously, he underlined.

    “Third, we should work together as defenders of multilateralism,” Wang said. He noted that this year marks the 80th anniversary of the founding of the United Nations and the victory in the World Anti-Fascist War. The more complex the international situation and the more prominent global challenges become, the more important it is to uphold the authority of the UN and give full play to its role, he said.

    When talking about the crisis in Ukraine, the Chinese foreign minister said that the window for peace is opening, reiterating that China always stands for an early and peaceful resolution of the crisis and will continue to play a constructive role in its political settlement.

    As for the Gaza conflict, Wang called for continuous and effective implementation of the ceasefire agreement, and emphasized that the two-state solution is the only viable solution.

    In conclusion, Wang highlighted that this year is the “African moment” of the G20, as the G20 summit will be held on the African continent for the first time since the African Union became a full member.

    We should listen to the voice of Africa, take into account its concerns, support its actions, and make efforts for peace and development on the continent, said Wang.

    China firmly supports the African people in independently resolving African issues and opposes external interference in the internal affairs of African countries, he added.

    MIL OSI China News

  • MIL-OSI China: Zelensky says meeting with US envoy ‘productive’

    Source: China State Council Information Office

    Ukrainian President Volodymyr Zelensky said Thursday that he held a “productive meeting” with Keith Kellogg, the U.S. special envoy for Ukraine and Russia, in Kiev.

    “We had a detailed conversation about the battlefield situation, how to return our prisoners of war, and effective security guarantees,” he said on social media platform X, formerly known as Twitter.

    Zelensky thanked the United States for the assistance and bipartisan support for Ukraine and voiced readiness to sign “a strong, effective investment and security agreement” with U.S. President Donald Trump.

    “We have proposed the fastest and most constructive way to achieve results,” Zelensky emphasized.

    Kellogg, who arrived in Kiev on Wednesday, met with Zelensky earlier in the day.

    According to Ukrainian presidential spokesperson Serhii Nikiforov, a joint press conference between Zelensky and Kellogg did not take place at the request of the U.S. side.

    Also on Thursday, Kellogg met with Ukrainian Foreign Minister Andrii Sybiha to discuss ways toward “comprehensive, just and lasting peace” in Ukraine.

    After the meeting, Sybiha wrote on X that he affirmed Ukraine’s willingness to achieve peace through strength and briefed Kellogg on Kiev’s vision for the necessary steps.

    MIL OSI China News