U.S. Escalates Sanctions, China Implements Lockdown Law! Xia Jinhe Warns 'U.S.-China Rivalry Enters Deep Waters': Taiwanese Businesses in Danger

The U.S.-China rivalry continues, with the U.S. not only controlling high-end chips and servers but also reportedly adding a ban on the import of Chinese optical communication components. Meanwhile, China has issued new entry and exit regulations, expanding the reasons for restricting citizens' exits under the pretext of 'maintaining national sovereignty,' which has been described by the outside world as a 'lockdown new law.' In response, Fengshin Media Chairman Xia Jinhe bluntly stated that the U.S.-China rivalry's dark currents have entered a deeper deep water zone. The position of Taiwanese businesspeople, who have been accustomed to 'straddling both sides,' has become dangerous and difficult. Xia Jinhe mentioned that Alibaba founder Jack Ma once said in 2019, 'Water flows wet, fire burns dry.' Within a day, he received five phone calls asking to borrow money, and within a week, ten companies wanted to sell their buildings! This saying comes from the I Ching's Qian Gua, meaning that water flows to wet places, and fire burns in dry places, metaphorically referring to 'birds of a feather flock together.' Xia Jinhe pointed out that Ma's borrowing and selling of buildings later foreshadowed China's real estate predicament. Have U.S. sanctions on the 'gray area' disappeared? Xia Jinhe revealed cases: Recently, there have been a few incidents that reveal the subtle changes in the U.S.-China rivalry. One is that U.S. President Trump and Secretary of State Rubio both came out to criticize the horrors of communism. The U.S. is increasingly broadening the scope of its sanctions on China, including the recent ban on the use of Chinese optical communication components, which caused a sharp drop in the stock price of Zhongjie Xuchuang; even Space X has restricted Chinese and Hong Kong investors from participating in its IPO, and U.S. low-orbit satellites use Chinese-made components. Xia Jinhe pointed out that the U.S. control over chips and servers is becoming increasingly strict, from the indictment of one of the founders of Micron, Liao Yi-Xian, and its executives, to the recent investigation of NVIDIA executives, as well as the insider incident at TSMC and the detention of the former general manager of Hongshu. These were previously underground transactions that are now being exposed, and it seems that the data may have been submitted by the U.S. to Taiwan for investigation! The past 'gray area' has disappeared. 'Lockdown New Law' - Is it harder for Chinese people to travel? Xia Jinhe continued, pointing out that on the other side, China has published a 'new entry and exit border method,' which has significantly increased the risk for people entering and exiting China. There was a news report online that a family who obtained Japanese citizenship was detained upon returning to China, indicating that Chinese people who have obtained passports from other countries may face very high risks when returning to China. Xia Jinhe said that China's door control is becoming stricter, and it may become increasingly difficult for Chinese people to travel abroad. In the context of increasingly tight national finances, the government is beginning to open up new sources of revenue. Last month, Ctrip was fined 5.179 billion yuan, and yesterday, it was announced that Chinese people's insurance policy returns in Hong Kong will be subject to a 20% income tax. Today, the stock prices of Prudential and AIA have fallen sharply. Xia Jinhe bluntly stated that this year, the U.S.-China rivalry has entered a deeper deep water zone. China has announced that drones and rare earths are not to be exported to the U.S., and the control of high-end talent going to the U.S. is becoming stricter; the rivalry in AI will become more intense. U.S. Wall Street investment banks are also actively withdrawing funds from China, and both sides are becoming more and more fortified. This also makes the position of Taiwanese businesspeople, who have been accustomed to 'straddling both sides,' dangerous and difficult! More Wind Media Exclusive Insider News: • Taiwan has just caught a smuggler! NVIDIA's anti-AI chip was smuggled to China, strengthening the review 'half of Asian customers were rejected' • China's graphics card 'overnight surge' market is about to explode! The highest-end chip is priced more than 2 times, distributors are stockpiling and continuing to speculate • Is China's financial industry in trouble? Xia Jinhe reveals that 42 listed banks 'all fall below net worth': the condition will only worsen.