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The burner under a Chinese restaurant wok puts out 100,000 to 150,000 BTUs of heat. The strongest burner on your home stove tops out near 12,000. Some restaurant jet burners run past 200,000. Roughly ten times your kitchen, sometimes twenty. At that heat an empty steel wok can climb past 800 degrees Fahrenheit, and food sears the instant it touches the metal. The Cantonese call the result wok hei, the breath of the wok, the smoky charred taste you can almost never pull off at home. It comes from a few things happening at once in seconds: the browning reaction that crusts a steak, the sugars in the sauce caramelizing, and tiny droplets of oil catching fire in the air as the cook throws everything around. One dish off the fire takes about ninety seconds. That speed is also why a giant order lands in ten minutes. Nothing sits in an oven waiting. Every ingredient is washed, cut, and portioned before you ever call, so once the ticket prints the cook is assembling, not prepping. Each dish hits the flame, gets tossed together, and slides into the box still steaming. The wok's whole design traces back to one problem: saving fuel. Wood and charcoal ran expensive across much of old China, and a thin round metal bowl dropped into the flame heats faster and wastes less than a flat pan sitting on top of one. Cooks chopped everything small, because more surface area meant less time over the fire, and they learned to work in fast bursts of high heat. For most of Chinese history, stir-frying wasn't even the common way to cook. Boiling and steaming came first, partly because the oil stir-frying needs was costly. The technique took off in the late Ming dynasty, the 1500s and 1600s, when firewood near the growing cities got expensive enough that cooking fast and cheap really mattered. Less fuel burned per meal, and busy city trade rewarded the speed. A money-saving trick slowly became the signature of an entire cuisine. Steel melts around 2,500 degrees, so the food never gets remotely close. But the instinct behind that tweet is right. The reason your takeout shows up in ten minutes, scorching, is a four-hundred-year-old fix for an energy problem, still roaring under a wok tonight.
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🚨 BREAKING: DOJ opens grand jury investigation into Marxist tycoon Neville Roy Singham and alleged money laundering or other financial crimes from his base in China to funding far-left nonprofits in the U.S. and the world WATCH how the money flows. READ our @FoxNews Digital exclusive: What I've learned from people familiar with the investigation: 🚨 U.S. Attorney Jay Clayton for the Southern District of New York, one of the country's most powerful districts for federal prosecutions, has launched a federal grand jury investigation into American Marxist tycoon Neville Roy Singham's financial network, examining potential financial crimes including wire fraud, bank fraud and money laundering from his base in Shanghai, where he funds groups supporting the Chinese Communist Party. 🚨 Acting U.S. Attorney General Todd Blanche authorized the investigation as the Trump administration seeks to crack down on fraud, money laundering and other financial crimes in the multibillion-dollar nonprofit industry. 🚨 Treasury Secretary Scott Bessent traveled to New York City earlier this year for a meeting with Goldman Sachs Chairman and CEO David Solomon. The men discussed the role of a Goldman Sachs philanthropic arm — GS Donor Advised Philanthropy Fund For Wealth Management Inc. — that facilitated the movement by Singham of millions of dollars into a network of U.S. nonprofits. At that meeting, sources said, Bessent delivered a blunt ultimatum: Goldman Sachs could face scrutiny for alleged conspiracy in the funneling of the Singham money and urged Solomon to cooperate with federal investigators. Goldman Sachs is cooperating with the investigation. 🚨 Federal prosecutors are examining a financial structure that follows the three stages investigators often analyze in alleged money laundering: placement, layering and integration. Treasury, DOJ and Goldman Sachs declined to comment. Singham, his wife Jodie Evans -- also under investigation -- and the organizations in the Singham network didn't respond to numerous requests for comment. STEP 1: ALLEGED PLACEMENT According to the reporting, approximately $278 million entered the U.S. financial system through three entities: 🔴 Mutod LLC — $164,040,000 🔴 GS Donor Advised Philanthropy Fund for Wealth Management Inc. (Goldman Sachs) — $110,376,701 🔴 Likewise Conceptions LLC — $3,500,000 STEP 2: ALLEGED LAYERING Those funds were then allegedly routed through six nonprofit organizations: 🔴 $167,540,000 to People's Support Foundation Ltd., a 501(c)(3) nonprofit established with a hotel address in 2017 in Chicago and Singham's wife, Evans, on the board. 🔴 $68,748,701 to Justice and Education Fund Inc., a 501(c)(3) established with a UPS Store address in 2018 in New York City with self-avowed communists, including Manola De Los Santos, on the board. 🔴 $22,440,000 to People's Forum Inc., a 501(c)(3) established in 2017 on W. 37th Street in New York City with Evans and De Los Santos on the board. 🔴 $16,760,000 to Tricontinental Ltd., a 501(c)(3) established in North Hampton, Mass., in 2017 by Singham friend and fellow Marxist ideologue Vijay Prashad. 🔴 $1,330,000 to CodePink Women For Peace, a 501(c)(3) established in 2009 in Marina Del Ray, Calif., by Singham's wife, Evans, and her friend, Susan Medea Benjamin. 🔴 $1,098,000 to Breakthrough BT Media Inc., a 501(c)(3) established in New York City in 2020 at the People's Forum headquarters with longtime American communist leader Brian Becker's son, Ben Becker, as editor-in-chief of its pro-communist propaganda outlet, Breakthrough News. STEP 3: ALLEGED INTEGRATION According to the reporting, those organizations then distributed funding and support into a broader activist network that included: 🔴 People's Welfare Association 🔴 ANSWER Coalition 🔴 Party for Socialism and Liberation 🔴 Numerous organizations operating across Sub-Saharan Africa, Central America, North America and other regions. Federal prosecutors have issued grand jury subpoenas seeking bank records and financial documents as they determine whether criminal charges are warranted. A grand jury investigation is an investigative process, not a finding of guilt. For this reporting, I traced hundreds of financial transactions, nonprofit filings and corporate records documenting how money allegedly moved through this network. WATCH the money flow. 🧵
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How to power data centres: China and the US are the clear frontrunners as they battle for artifical intelligence leadership- with energy the biggest challenge @FT via @ft
Toyota sales fall for fourth month in May as declines in China, US and Middle East weigh
President Xi Jinping met with Belarusian President Aleksandr Lukashenko. China and Belarus are true friends that trust and support each other, good partners that share common development and prosperity, as well as all-weather comprehensive strategic partners. The China-Belarus relationship has withstood the test of the changing international circumstances. It has grown by leaps and bounds in recent years, and entered its best time in history. Facts show that deepening China-Belarus all-weather, all-round cooperation is in line with the trend of the times and the fundamental interests of the two peoples.
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China vows support for Belarus' national sovereignty
China's factory activity likely returned to meagre growth in June: Reuters poll
China debuts overnight reverse repos at 1.25%, sources say
China targets more Japanese companies with export controls
Even Chinese companies are signing LTAs now lol RTRS: - China’s CXMT has signed a $3 billion LTA with Tencent. - CXMT is also in talks with other Chinese internet companies, including Alibaba Cloud, ByteDance, and Xiaomi. - As of Q1, CXMT’s DDR5 yields still lagged behind Western peers. - CXMT currently operates two 12-inch DRAM fabs in Hefei and one fab in Beijing, with total wafer capacity of around 300k wafers per month.
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