Pinoy – Author Carlo Carrasco

SBMA And BCDA Agree To Use Port Of Subic Bay As Maritime Gateway For Pax Silica

July 24, 2026July 22, 2026carlocarrasco

The Subic Bay Metropolitan Authority (SBMA) announced that it has sealed a formal agreement with the Bases Conversion and Development Authority (BCDA) to make the Port of Subic Bay the preferred maritime gateway for Pax Silica.

Launched in late-2025, Pax Silica is a United States-led strategic coalition to secure the global supply chains for artificial intelligence and semiconductors. Pax Silica was designed to counter China’s dominance in technology manufacturing and earth minerals.

To put things in perspective, posted below is an excerpt from the SBMA’s official announcement. Some parts in boldface…

The Subic Bay Metropolitan Authority (SBMA) and the Bases Conversion and Development Authority (BCDA) have agreed to make the Port of Subic Bay the preferred maritime gateway for the Pax Silica initiative.

The partnership was confirmed in the signing of the Memorandum of Understanding (MOU) between SBMA Chairman and Administrator Eduardo Jose L. Aliño and BCDA President and CEO Joshua M. Bingcang at the Bonifacio Technology Center in BGC, Taguig City, on July 20, 2026.

“Having the Port of Subic Bay as the preferred maritime gateway for Pax Silica Operations within the Luzon Economic Corridor is a great honor for the SBMA. It is, in fact, a crowning recognition of the invaluable role the Port of Subic Bay can play, on par with the initiatives to support the National Government regarding Pax Silica,” Aliño said.

“As part of the Luzon Economic Corridor, Subic Bay’s deep-water port and shipyard facilities are designed to transport raw materials like nickel and copper quickly, and processed tech goods between the port and the AI-native Economic Security Zone, or ESZ, in New Clark City,” he added. Meanwhile, Bingcang highlighted that the Port of Subic Bay offers a strategic advantage for the Pax Silica initiative. It serves as a critical gateway that enables the efficient movement of raw materials into the country and the timely delivery of finished products to customers,” PCEO Bingcang said. It serves as a critical gateway, enabling the efficient movement of raw materials into the country and the timely delivery of finished products to customers.

He added that the partnership advances the Marcos administration’s whole-of-government approach to infrastructure development and investment promotion, while reinforcing the Luzon Economic Corridor through stronger integration of ports, industrial hubs, and emerging technology ecosystems that will generate quality jobs and long-term economic opportunities for Filipinos.

Also present during the signing ceremony were SBMA Senior Deputy Administrator for Operations Ronnie Yambao and BCDA Senior Vice President for Legal Services Atty. Diana Joyce N. Basco-Galera.

This partnership requires the SBMA to identify and evaluate specific land and port areas under its jurisdiction that can be strategically leveraged for the Pax Silica initiative. It also involves evaluating the infrastructure, utilities, logistics, and port support requirements for Pax Silica.

The partnership would also include the assessment of land use compatibility and traffic connectivity with existing and planned master development plans of both economic zones; exchange of non-confidential information relevant to infrastructure planning and operational coordination.

Both the BCDA and the SBMA would also conduct market sounding, logistics demand analysis, potential development phasing, and explore possible modes of cooperation or future project structures, subject to applicable laws and policies.

Let me end this post by asking you readers: What is your reaction to this recent development? Were you surprised the SBMA and BCDA sealed the agreement on designating the Port of Subic for Pax Silica as a maritime gateway?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

American Delegation Sees Potential Business Opportunities In Subic Bay

July 23, 2026July 18, 2026carlocarrasco

A delegation from the United States recently visited the Subic Bay Freeport Zone, met with the local authorities and saw the potential business opportunities within, the Subic Bay Metropolitan Authority (SBMA) announced.

To put things in perspective, posted below is an excerpt from the SBMA’s official announcement. Some parts in boldface…

A United States delegation is eyeing more potential business opportunities here as part of a profile business mission in line with the initiatives of the Luzon Economic Corridor (LEC).

According to SBMA Chairman and Administrator Eduardo Jose L. Aliño, the delegates from the U.S. Northeast, Midwest, and West Coast regions visited on July 8, 2026 to participate in the said business mission that will strengthen partnerships, expand business opportunities, and foster a prosperous future for both U.S. and Philippine enterprises.

With the theme “Driving the Future of U.S.–Philippine Trade Through Innovation,” Aliño said that the mission reflects the SBMA’s commitment to enhancing international cooperation and economic growth within the Subic special economic zone.

The delegation, composed of 25 executives and investors, conducted comprehensive discussions, site visits, and networking activities with SBMA officials and Subic company officials, all designed to showcase the potential and advantages of investing in the SBFZ.

Subic Bay Freeport Chamber of Commerce (SBFCC) President Benjamin Antonio III, together with SBFCC Executive Director Donna May Tamayo also joined to take part in a rare opportunity to build strong, lasting business relationships that will drive economy not only in the Subic special economic zone but ultimately the country as a whole.

The Philippine Trade and Investment Center (PTIC) in New York, the facilitator of the said U.S. Business Mission to the Philippines, said that the main goal of the trip is to create stronger economic ties and encourage more US companies to invest in the country’s growing economy.

Aside from Subic Bay Freeport, the delegation also visited areas in Manila, Clark, and Corregidor Island to conduct business meetings, informational briefings, and tours of these major economic areas that are part of the LEC.

“The trip comes at a time when the Philippines is actively working to welcome international businesses and establish itself as a key partner for US companies looking to grow in Asia,” the PTIC said.

Officials from Worldwide Shipping & Logistics (WSL), who were also part of the delegation, said that these engagements strengthened economic cooperation and opened new opportunities for trade and investment between the United States and the Philippines.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the visit of the American delegation will lead to a breakthrough of new investments and the creation of new businesses inside the Subic Bay Freeport Zone in the next few years?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Two Suspects Arrested And P2.37 Million Worth Of Marijuana Seized In Barangay Alabang

July 22, 2026July 17, 2026carlocarrasco

Recently in the city of Muntinlupa, local police officers successfully pulled-off a buy-bust operation that resulted in the apprehension of two suspects and the seizure of illegal substances worth more than P2 million, according to a news report by the Manila Bulletin.

To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…

Police arrested two men and confiscated P2.37 million worth of kush, or high-grade marijuana, in a buy-bust operation in Barangay Alabang, Muntinlupa, on July 16.

Personnel from the Muntinlupa Police Station’s Drug Enforcement Unit conducted the sting along 42 East Service Road in the barangay at about 10:25 p.m.

An undercover officer acted as a poseur-buyer and purchased kush from the suspects, leading to their arrest.

The suspects were identified as alias Pagong, 29, a resident of Alabang, and alias Bebe Dok, 21, a resident of San Pedro, Laguna. Both were classified as high-value individuals.

Seized during the operation were four vacuum-sealed plastic bags containing 1,583 grams of kush, three marked P1,000 bills used as buy-bust money, and a car used by the suspects during the transaction.

Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, are you thankful to the local police officers for the successful buy-bust operation?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

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Philippines Among The Weakest In ASEAN In Credit Card Penetration

July 21, 2026July 16, 2026carlocarrasco

When it comes to credit card penetration within the Association of Southeast Asian Nations (ASEAN), the Philippines is still among the weakest as the number of adult Filipinos who own credit cards remains very low, according to a Manila Bulletin news report.

Be reminded that the Philippines is experiencing weak economic growth, high inflation, and has been weak when it comes to attracting foreign direct investment.

To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…

Only three percent of adult Filipinos own credit cards, placing the country among the laggards in the Association of Southeast Asian Nations (ASEAN), with the gap most pronounced compared to advanced Asia-Pacific economies.

In Asian emerging markets (EMs), the Philippines trails only Cambodia’s one percent and Bangladesh’s two percent, Visa Business and Economic Insights noted in a report last Tuesday, July 14, citing the 2024 update of the World Bank’s Global Findex Survey.

Meanwhile, the country was outpaced by seven other Asian EMs, including India (five percent), Indonesia and Vietnam (both six percent), Sri Lanka and Thailand (both eight percent), Malaysia (13 percent), and China (46 percent).

This low penetration drives Filipinos to rely heavily on informal and unregulated lending alternatives, which do not help build formal credit histories.

“Across markets such as India, the Philippines, and Indonesia, borrowing from family, moneylenders, or gold-backed loans is widespread due to ease of access and familiarity,” read the report authored by Visa principal Asia-Pacific economist Simon Baptist and Asia-Pacific economist Minakshi Barman.

Meanwhile, advanced Asia-Pacific economies have mature financial systems, with credit card penetration rates reaching nearly three-fourths of adults aged 15 and above. Hong Kong had the highest penetration rate at 72 percent, followed by Japan at 70 percent, South Korea at 68 percent, Taiwan at 64 percent, New Zealand at 57 percent, Australia at 51 percent, and Singapore at 42 percent.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you know anyone in your local community who successfully secured credit cards over the past six months? Do you have friends who already applied for credit cards? What do you think Filipinos are most afraid of when it comes to using credit cards? Do you think the weakening economic growth of the Philippines will discourage Filipinos from applying for credit cards?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Police Arrest Suspect And Seize Illegal Substance Worth Over P1 Million In Parañaque City

July 20, 2026July 15, 2026carlocarrasco

Recently in the City of Parañaque, local police officers apprehended a high-value individual and seized illegal substances worth over P1 million, according to a Manila Bulletin news report.

To put things in perspective, posted below is an excerpt from the Manila Bulletin report. Some parts in boldface…

A high-value individual (HVI) was arrested and more than P1 million worth of suspected shabu was seized during a buy-bust operation conducted by the Parañaque City Police early Monday, July 14.

Parañaque City Police Chief Col. Nicolas Pinon identified the suspect only by his alias “Jojie,” 27, who was apprehended at around 12:20 a.m. along Los Angeles Street in Barangay San Dionisio, Parañaque City.

Pinon said operatives of the Station Drug Enforcement Unit (SDEU) launched the operation after receiving information that the suspect was allegedly engaged in the illegal drug trade and had been classified by the police as a high-value individual operating in the city.

During the operation, an undercover police officer successfully purchased suspected shabu from the suspect.

After the transaction was completed, the arresting team immediately converged on the area and arrested “Jojie.”

Confiscated from the suspect were several heat-sealed sachets and knot-tied plastic bags containing about 150 grams of suspected shabu with an estimated standard drug price of P1,020,000, a black pouch, the marked buy-bust money, and other pieces of evidence.

The seized items were turned over to the Parañaque City Police Station for proper documentation and laboratory examination, while the suspect was placed under police custody pending the filing of charges.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, do you consider the city a hot spot for illegal drug trading and smuggling?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Housemaid Arrested In Muntinlupa City For Qualified Theft

July 19, 2026July 14, 2026carlocarrasco

Recently in the city of Muntinlupa, a housemaid was apprehended by the local police for stealing and pawning the jewelry of her employer, according to a Manila Bulletin news report.

To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…

Police arrested a 43-year-old housemaid in Muntinlupa after she allegedly stole jewelry worth more than P180,000 from her employer’s home in an exclusive subdivision.

The suspect, identified only as alias Janice, a resident of Balayan, Batangas, worked for a jewelry shop owner at her residence in Alabang Hills Village, Barangay Cupang.

Authorities said Janice is facing seven counts of qualified theft under Article 310 of the Revised Penal Code after her employer, alias Maricor, traced missing jewelry items to a pawnshop.

During an inspection of the suspect’s belongings, Maricor found a pawnshop receipt for a gold necklace valued at P12,571, which she identified as hers.

Police later verified that seven jewelry items worth P90,315 — including necklaces, rings, earrings, and pendants — had been pawned under Janice’s name.

The stolen items were recovered, but other valuables amounting to P94,145 –including a diamond ring, a necklace with a diamond and emerald pendant, a wristwatch, and a bracelet — remain missing.

Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, are you concerned that house helpers could steal your valuables? Do you think the victim will be able to find and recover the missing jewelry worth over P94,000?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

Philippines Remains Vulnerable To Effects Of US-Iran War And Is One Of The Least Resilient In The Asia Pacific Region

July 18, 2026July 14, 2026carlocarrasco

When it comes to resilience to the effects of the war between the United States and the Islamic terrorist regime of Iran, the Philippines remains not only vulnerable but also one of the laggards of the Asia Pacific region as a whole, according to a news report by the Manila Bulletin.

Be reminded that the Philippines is experiencing weak economic growth, high inflation, and has been weak when it comes to attracting foreign direct investment. Already S&P Global slashed GDP growth forecast for the Philippines.

To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…

Asia-Pacific’s (APAC) relative insulation from the Middle East conflict has singled out the Philippines and Indonesia as laggards as external headwinds are exacerbated by domestic turmoil, according to Allianz Research.

Allianz Research said in its half-time outlook report published last week that despite emerging as one of the regions most exposed to the United States (US)-Iran conflict, APAC is still seen as relatively resilient, with average growth of 4.3 percent this year.

This resilience is attributed to the artificial intelligence (AI) boom, which is “doing the heavy lifting that geopolitics and fiscal policy cannot.”

“However, gains are far from evenly shared, with a group of winners emerging, including countries such as Taiwan, Singapore and South Korea, while countries such as the Philippines and Indonesia lag as domestic turmoil compounds exposure to the conflict,” Allianz said.

Apart from the technology surge, the report also pointed to Asia’s role as a global engine of commerce. “In 2026, 80 percent of global trade volume growth in goods and services is driven by Asia and the US,” the report said.

However, this dominance faces fresh challenges from shifting American trade policies. Allianz warned that the shift in US policies “is expected to negatively affect Asian countries in particular,” as the US effective tariff rate is projected to rise from eight percent to 13 percent.

According to Allianz, the region’s resilience hinges on the booming technology sector. It said the AI boom, which has been driving nearly two-thirds of Asia’s export growth, is helping “cushion” the global economy from the impact of the Middle East crisis.

This AI boom is broadening Asia’s recovery beyond traditional manufacturing, with major semiconductor firms in Taiwan and South Korea leading regional market gains.

By contrast, the Philippines and Indonesia are struggling with the lingering consequences of energy shocks.

“Despite recent developments toward normalization in the Gulf, we expect inflation to remain elevated in the near term as second-round effects from elevated fuel, energy and fertilizer prices keep weighing on the region,” Allianz said.

Let me end this post by asking you readers: What is your reaction to this recent development? What do you think the Philippines should do in order to become more resilient to the effects of the war between America and the Islamic terrorist regime of Iran? Do you think the national government has been working to improve oil storage capacity, attract more foreign investors and rely less on the Middle East for importing oil? Do you think the Philippines will reach out to the Islamic terrorist regime of Iran to make an economic deal?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Illegal Gun Seller Arrested In Parañaque City

July 17, 2026July 13, 2026carlocarrasco

Recently in the City of Parañaque, local police officers successfully pulled off an entrapment operation that resulted in the apprehension of an illegal gun seller, according to a news report by the Manila Bulletin.

To put things in perspective, posted below is an excerpt from the Manila Bulletin report. Some parts in boldface…

A 26-year-old man was arrested in an entrapment operation by the Parañaque City Police Station against the illegal sale of firearms on Saturday, July 11.

Parañaque CPS chief Col. Nicolas Pinon identified the arrested suspect only as “Joeveiynio,” 26, a resident of Barangay San Dionisio, Parañaque City. He was apprehended at about 11:50 p.m. along Meliton Street in Barangay San Antonio.

During the operation, the suspect allegedly presented an undocumented caliber .38 revolver for sale to a poseur-buyer, prompting the backup team to move in and arrest him. However, his alleged accomplice, identified only as “Jason,” escaped and is now the subject of a follow-up operation.

Members of the Parañaque City Police Intelligence Section launched the entrapment operation after receiving information from a confidential informant that the suspects were allegedly involved in the illegal sale of firearms. Police seized the recovered firearm as evidence.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, are you concerned that the city itself has many loose firearms? Do you think there could be more illegal sellers of guns in the city?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Philippines’ Net FDI Inflows Fall Down Sharply In April 2026

July 16, 2026July 10, 2026carlocarrasco

This past April, the net inflows of foreign direct investment (FDI) into the Philippines reached only $250 million which counts as a 10-year low and a 59% fall compared with March 2026, according to a news report by BusinessWorld.

To put things in perspective, posted below is an excerpt from the BusinessWorld news report. Some parts in boldface…

Net inflows of foreign direct investments (FDI) in the Philippines plunged to a near 10-year low of $250 million in April, as heightened global uncertainty dented investor sentiment, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.

Based on central bank data released on Friday, FDI net inflows declined by 58.8% to $250 million in April from $607 million in the same month last year.

April saw the lowest monthly level seen since the $244 million in June 2016, and the steepest year on year drop since the 76.1% in December 2022.

Month on month, FDI net inflows slumped by 59.1% from the $611 million in March.

“The sharp decline in FDI net inflows to $250 million in April likely reflects a combination of weaker intercompany borrowings, slower reinvestment activity, and continued investor caution amid an uncertain global environment,” Union Bank of the Philippines Chief Economist Ruben Carlo O. Asuncion said via Viber.

The latest FDI level was dragged by the 91.7% drop in net investments in debt instruments to $44 million in April from $522 million a year ago.

Reinvestment of earnings likewise slipped by 1.9% to $80 million from $81 million in April 2025.

Meanwhile, investments in equity and investment fund shares more than doubled (143.5%) to P207 million in April from $85 million the prior year.

Foreign net investments in equity capital other than reinvestment of earnings also ballooned (3,041%) annually to $127 million from $4 million previously.

Equity placements jumped by 21.4% to $136 million from $112 million a year earlier, while withdrawals plunged by 91.7% to $9 million from $108 million.

For Mr. Asuncion, the softer FDI inflows in April likely came as firms and investors deferred investments amid highly uncertain global conditions compounded by weak domestic growth.

“At the same time, heightened global uncertainty stemming from trade tensions, lingering geopolitical risks, and episodes of financial market volatility may have prompted multinational firms to defer expansion plans and adopt a more conservative stance toward capital deployment,” he said.

“Domestically, relatively subdued economic growth in the early part of the year may have also tempered investment decisions,” he added.

Let me end this post by asking you readers: What is your reaction to this recent development? Are you convinced that foreign investors have weak trust in the Philippines no matter what the current administration is doing? Do you think weak economic growth in the Philippines will continue until the end of 2028?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Troublesome Chinese National Arrested In Parañaque City Food Hub

July 16, 2026July 12, 2026carlocarrasco

Recently in the City of Parañaque, a Chinese national who caused trouble and damaged several items inside a food hub was arrested by local police officers, according to a news report by the Manila Bulletin.

To put things in perspective, posted below is an excerpt from the Manila Bulletin report. Some parts in boldface…

A Chinese national was arrested after allegedly causing a disturbance at a food hub in Parañaque City while searching for a person he intended to confront, causing panic among customers on Saturday, July 11.

The Southern Police District (SPD) identified the suspect as “Guo,” 34, a resident of Barangay Tambo, Parañaque City. He was arrested at around 9:41 p.m. inside a Pares Hub along Quirino Avenue in Barangay Tambo.

Authorities said Guo entered the establishment shouting and behaving aggressively while looking for a person he wanted to confront, alarming customers and employees.

They added that the suspect’s unruly behavior damaged several items inside the food hub, prompting the management to temporarily stop operations and close the establishment early. Police officers patrolling the area noticed the commotion and arrested the suspect to restore order.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, do you think there could be several more Chinese nationals living in local communities? When was the last time you witnessed an incident involving Chinese nationals?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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