황금똥 연간구독 · 6시간 뷰 리포트 · 2026.09.25 00:00

[원문 유형] CEO 분석용 텔레그램 채널별 뷰 원문
[채널] 황금똥 연간구독 ('25. 9. 8 ~ '26. 10. 23)
[묶음 주기] 6시간
[통합 구간] 2026-09-24T09:00:00+00:00 ~ 2026-09-24T15:00:00+00:00
[작성 기준] 아래 글은 모두 같은 유료 채널 작성자가 시간 순서대로 이어 낸 관점이다. 여러 글을 단순 나열하지 말고, 무엇을 사실 근거로 삼았는지, 작성자가 어떻게 해석했는지, 전망·확신·조건이 구간 안에서 어떻게 이어지거나 달라졌는지를 구분해 하나의 문서로 정리한다. 외부 링크와 첨부는 작성자 판단의 근거 원문이며, 외부 원문의 주장과 작성자 자신의 뷰를 섞지 않는다. 시간흐름순 정리에서는 게시 순서와 판단 강도, 유보 조건, 인상적인 표현을 보존한다.

===== 통합 원문 3 / 29 =====
[채널] 황금똥 연간구독 ('25. 9. 8 ~ '26. 10. 23)
[게시일시] 2026.09.24 19:09:05
[텔레그램 게시물] https://t.me/c/2977675436/23243
[원문 수집 기준] 외부 링크가 있으면 링크를 따라 확보한 실제 본문·첨부 파일이 주 분석 원문이다. 텔레그램 게시물은 발견 경로와 보조 설명으로 보존하며 외부 원문과 구분해 반영한다.

[현재 텔레그램 게시물 본문]
미중 정상회담 현재까지 진도 요약

지금 확인되는 가장 확실한 성과는 정상회담 전에 발표된 무역휴전 2개월 연장이에요. 기존 11월 10일 만료 예정이던 휴전을 2027년 1월 10일까지 연장하기로 했다고 스콧 베선트 미 재무장관이 밝혔습니다.
이건 포괄적 무역합의라기보다 협상을 이어갈 시간을 번 조치에 가깝고, FT도

시진핑의 방미와 휴전 연장을 함께 주요 뉴스로 다뤘습니다.

Bloomberg: 양국이 무역휴전을 2027년 초, 1월 10일까지 유지하기로 합의했다고 보도했습니다.

Nikkei Asia: 기존 11월 10일 만료 예정이던 휴전의 연장을 보도했습니다.

FT 제목: “US and China extend trade truce as Trump welcomes Xi for summit.”

전체 분위기는 관계 안정과 추가 협상 여지는 만들되, 큰 구조적 합의는 기대하기 어려운 회담으로 보입니다.
Bloomberg는 양측 모두 관계를 다시 흔들 준비가 되지 않았다고 분석했고,
Nikkei Asia도 실질 성과보다 상징성이 클 수 있다는 전문가 전망을 전했습니다.

현재 진행 타임라인 및 진행 일정

• 2026년 5월: 트럼프와 시진핑이 베이징에서 만났고, 이번 워싱턴 회담은 그 후 약 4개월 만의 정상회담입니다. 일본경제신문은 4개월 만의 회담이라고 보도했습니다.Nikkei Asia는 올해 두 번째 정상회담이라고 설명했습니다.

• 9월 20일 전후: 베선트 장관과 중국 허리펑 부총리, 미국 무역대표부 관계자들이 뉴욕에서 실무협상을 이어갔습니다. 민감도가 낮은 상품의 관세 예외와 AI 관련 대화 문구 등이 논의됐지만, 큰 합의가 발표된 것은 아니었습니다. [Nikkei Asia live: 양측은 뉴욕에서 관세 예외와 AI 대화 관련 협의를 이어갔습니다.](https://asia.nikkei.com/spotlight/trump-xi-summit/trump-xi-summit-live-eu-flags-rare-earth-worries-despite-us-china-truce-extens

ion)

• 9월 23일: 시진핑이 워싱턴에 도착했고 트럼프가 앤드루스 합동기지에서 직접 맞았습니다. 같은 날 베선트 장관은 허리펑과 무역휴전을 2027년 1월 10일까지 연장하기로 했다고 발표했습니다. Reuters: 베선트가 휴전 연장을 발표했고 트럼프는 앤드루스 기지에서 시진핑을 맞았습니다.Nikkei Asia live: 베선트는 휴전이 기존 만료일보다 두 달 연장된다고 밝혔습니다.

• 9월 24일, 워싱턴 현지 일정: 백악관 일정상 오전 10시 환영식, 오전 11시 30분 소규모 비공개 회담, 정오 확대 회담, 저녁 6시 45분 양 정상 발언과 국빈만찬이 예정돼 있습니다. 한국 시간으로는 환영식이 오늘 밤 11시, 비공개 회담은 내일 새벽 0시 30분, 확대 회담은 새벽 1시, 만찬은 내일 오전 7시 45분입니다. Nikkei Asia live: 11시 30분 비공개 회담 후 정오에 확대 회담을 할 예정이라고 전했습니다.백악관: 9월 24일 오전 국빈 환영식을 연다고 공지했습니다.

• 9월 25일:백악관에서 차담을 한 뒤 국립문서보관소를 방문하는 일정이 예정돼 있습니다. [백악관은 다음 날 차담과 국립문서보관소 방문 일정을 안내했습니다.](https://www.whitehouse.gov/briefings-statements/2026/09/first-lady-melania-trump-releases-details-ahead-of-his-excellency-xi-jinping-president-of-the-peoples-republic-of-china-and-madame-peng-liyuans-visit-to-the-white-house)

현재 한국 시간은 **9월 24일

저녁**이고, 워싱턴은 아직 **9월 24일 이른 아침**이라 위 정상 간 회담 일정은 아직 예정 단계입니다. 따라서 휴전 연장은 확인된 사전 합의지만, 정상회담에서 추가로 무엇을 합의했는지는 아직 결과로 단정할 수 없습니다.

핵심 쟁점

1. 무역·관세와 구매 약속
연장으로 당장의 관세 충돌 위험은 낮아졌지만, 관세 구조와 무역 불균형은 해결되지 않았습니다. 비민감 품목의 관세 조정이나 미국산 농산물·항공기 구매 확대가 거론되지만, 현재 확인된 것은 휴전 연장이지 이런 구매 약속의 성립은 아닙니다. Bloomberg: 휴전 연장이 관계 악화를 피할 시간을 벌었다고 평가했습니다.Nikkei Asia: 제한적이고 되돌릴 수 있는 관세 완화나 농산물·항공기 구매 확대 가능성이 거론됐습니다.

2. 희토류·핵심광물
중국의 수출허가와 희토류 공급망은 미국과 유럽 기업에 중요한 위험 요인입니다. 휴전 연장이 즉각적인 충돌을 늦출 수는 있어도, 허가 지연이나 통제 문제 자체를 해결한 건 아닙니다. Nikkei Asia live: 유럽 기업들은 희토류 수출허가의 불확실성과 새 만료일 이후의 상황을 우려했습니다.Bloomberg는 핵심광물과 희토류를 정상회담의 주요 긴장 의제로 꼽았습니다.

3. 대만과 미국의 무기 판매
중국은 대만 문제를 핵심 이익이자 레드라인으로 보고, 미국의 대만 무기 판매를 압박할 가능성이 큽니다. 일본경제신문은 시진핑이 무역·이란·북한 문제를 지렛대로 삼아 대만 관련 미국 지원에 양보를 요구할 수 있다고 분석했습니다. 다만 미국이 실제 무기 판매 방침을 바꿨다는 확인은 없습니다. 일본경제신문: 무역·이란·북한을 대만 문제에 대한 압박 카드로 분석했습

니다.Reuters: 중국 대사가 대만과 인권을 레드라인으로 언급했고, 미국은 신규 무기 패키지를 아직 승인하지 않았다고 보도했습니다.

4. AI·반도체·첨단기술
AI 안전장치나 양국 간 대화 채널은 협력 가능성이 있는 분야지만, 반도체 수출통제와 기술 경쟁은 계속되는 갈등입니다. 실무급 논의가 정상 간 의제로 이어질 수는 있어도, 포괄적인 기술 합의가 나온 것으로 보기는 이릅니다. Nikkei Asia: 정상회담 의제로 무역과 AI 대화를 짚었습니다.Nikkei Asia: 기술 갈등에도 AI 안전장치 논의 가능성이 있다고 보도했습니다.

5. 이란·북한·인권
이란 전쟁과 중국의 이란과의 관계, 북한 문제도 대화 의제로 거론됩니다. 인권이나 중국에 억류된 미국인 문제도 나올 수 있지만, 무역·대만보다 실제 회담에서 어느 정도 비중을 차지할지는 불확실합니다. Bloomberg: 이란 전쟁을 정상회담의 주요 의제로 꼽았습니다.일본경제신문: 이란과 북한을 대만 문제 관련 중국의 압박 카드로 분석했습니다.

전체요약
지금까지 확인된 성과는 무역휴전의 두 달 연장입니다. 이번 정상회담의 관전 포인트는 이 연장을 발판으로 희토류·관세·AI·대만 문제에서 후속 협상 통로를 만들지, 그리고 대만 관련 발언이나 무기 판매에서 실제 양보가 생기는지입니다.

현재 보도 기준으로는 확정된 정상회담 결과가 아니라 예정된 의제와 사전 합의를 중심으로 정리했습니다.

[외부 원문 1]
[URL] https://asia.nikkei.com/spotlight/trump-xi-summit/trump-xi-summit-live-eu-flags-rare-earth-worries-despite-us-chi

na-truce-extension
[제목] Trump-Xi summit live: US president says 'Super Intelligence' will be big topic

Trump-Xi Summit
Trump-Xi summit live: US president says 'Super Intelligence' will be big topic
But Trump suggests he and China want AI 'exactly where it is'; EU flags rare-earth worries
U.S. President Donald Trump speaks to the media as he returns to the White House after greeting Chinese President Xi Jinping at Joint Base Andrews, on Sept. 23. © Reuters
Nikkei staff writers
September 23, 2026 18:24 JST
Updated on September 24, 2026 23:41 JST
WASHINGTON/NEW YORK/TOKYO -- Chinese President Xi Jinping and U.S. President Donald Trump are holding their second summit of the year, amid lingering tensions over tariffs, rare earth materials, artificial intelligence and other issues.
After Trump traveled to Beijing in May, the venue this

time is Washington. The White House is putting on an elaborate show of welcoming the Chinese leader, including a state dinner. At the outset, upon Xi's arrival, the U.S. said the two sides agreed to extend their trade truce , which had been due to expire Nov. 10.
But expectations for broader tangible results were modest, after their earlier meeting produced what many experts saw as symbolism over substance . Any discussions of Taiwan, which China claims, will be closely watched, as Trump has described arms sales to the island democracy as a "very good negotiating chip ."
Further reading:
Trump and Xi set to talk trade and AI as truce hangs in balance
US and China eye Trump-Xi talks on AI guardrails despite tech rift
US, China debate 'nonsensitive' tariff cuts ahead of Trump-Xi summit
China's hypercompetition goes global as Beijing

frets over backlash
Tesla and the Musks 'Chinamaxx' as rumors swirl over EV maker's plans
Here are the latest developments (Washington time):
Thursday, Sept. 24
10:30 a.m. Demonstrators are peacefully marching from the Chinese Embassy toward Capitol Hill in protest against Beijing's cultural repression in Tibet. In July, Tibetan activist Lobsang Palden self-immolated in front of the United Nations building and died from severe burns. The incident happened a week after an "ethnic unity" law came into effect in China. The legislation promotes integration across the country's 55 ethnic groups through various policies, but critics see it as an instrument to further repress minorities.
This week, a Tibet independence march was held in front of the U.N. headquarters in New York. Fifteen other Tibetan demonstrators have marched from New Y

ork through Philadelphia and toward Washington to honor Palden.
Chinese authorities have imposed policies of forced assimilation in Tibet, restricting the use of the Tibetan language and subjecting individuals to arbitrary detention. Rights activists say the Chinese Communist Party is systematically separating Tibetan children from their families to erase Tibetan identity, but the Chinese government has denied accusations of cultural repression.
10:15 a.m. The U.S. president and first lady welcome Xi and his wife to the White House.
9:12 a.m. World financial markets remained on edge on Thursday after concerns about the Iran war and inflation pain had triggered the sharpest sell-off in U.S. Treasurys and other benchmark government bonds since last year's "Liberation Day" turmoil, Reuters reported.
Bond yields were nudging higher ag

ain as U.S. trading began after oil prices had moved back above $105 a barrel and as traders waited on what could be a tense meeting between Trump and Xi in Washington later.
The 10-year U.S. Treasury yield -- the benchmark of the $29 trillion Treasury market that anchors pricing for virtually all financial assets globally --touched a new post-financial-crisis high of 5.12%, while the 30-year yield climbed to 5.44%, its highest since 2004.
8:00 a.m. Trump starts the day off with a Truth Social post, suggesting he will discuss AI with Xi.
"A big day with President Xi of China. Super Intelligence (SI) will be a big topic of discussion, but I want to leave it exactly where it is. That is China's position also," he writes.
"Our guardrail is the DOJ!" Trump adds, referring to the Department of Justice but not elaborating on what he mean

s.
6:35 a.m. While the U.S. and Chinese leaders meet in Washington, trade tensions over what many consider China's industrial overcapacity are simmering elsewhere. The head of Germany's auto industry association, VDA, has explicitly endorsed new tariffs on China for the first time, Reuters reports, citing German media. Hildegard Mueller told newspaper Handelsblatt that trade countermeasures could be adopted when competition has been distorted beyond a certain extent, including cases of "proven unfair behavior."
While China's trade with the U.S. has declined, it has stepped up exports to Europe and Southeast Asia, and Germany's leaders have been raising alarm. Chancellor Friedrich Merz recently said China "deliberately" combines market forces with state subsidies, overcapacity, aggressive pricing and an undervalued currency .
Europe

an companies in China this week urged Beijing to address such concerns ahead of crucial talks with the bloc next month.
4:50 a.m. According to the schedule shared by the U.S., Trump will welcome Xi and his wife to the White House at 10 a.m. Shortly afterward, the leaders will observe an arrival ceremony, before delivering brief remarks, exchanging gifts and participating in military reviews.
At 11:30 a.m., with the pageantry out of the way, Trump and Xi will start a closed bilateral meeting in the Oval Office. Only half an hour is reserved for this, before they shift to an expanded meeting in the Cabinet Room at noon.
At 2 p.m., Trump is due to turn to his own briefings and meetings, until the leaders reconvene at 6:45 p.m. They are to deliver further remarks before tucking into a state dinner with business leaders.
3:45 a.m. China

's Ministry of Defense calls for maintaining "stable and sound" relations with the U.S. military, while urging Washington to be "extremely cautious" about arms sales to Taiwan.
2:00 a.m. Major U.S. media outlets avoided broadcasting Trump's grand welcome for Xi, according to reports, as his administration feuds with the press. Trump recently sought to ban CNN, MS NOW and Politico from reporting from the White House, accusing them of reporting "lies." Fox News, which is generally friendly to Trump, also refrained from showing Wednesday's ceremony. A federal judge subsequently ordered Trump to restore White House access for journalists from the three affected outlets, saying the ban was likely unconstitutional, Reuters reported.
1:30 a.m. Taiwan's cabinet spokesperson, Michelle Lee, says Taipei expresses its "gratitude" for long-stan

ding U.S. support.
"Regarding all efforts conducive to stabilizing the regional situation and managing the risks that authoritarian expansion might bring, we view them positively and continue to cooperate with the U.S. at various levels," she says, regarding the Trump-Xi meeting, according to Reuters.
"In fact, we continue to maintain close contact with the U.S. to stay informed of relevant developments."
12:35 a.m. Minoru Kihara, Japan's chief cabinet secretary and Prime Minister Sanae Takaichi's top aide, tells reporters in Tokyo that he will "continue to monitor the situation" at the Trump-Xi summit "closely with keen interest," amid Japan's own tensions with Beijing.
He stresses the significance of talks between Takaichi and Trump on the sidelines of the United Nations General Assembly earlier this week. "With the upcoming U.S.

-China summit in mind, they exchanged views on various issues concerning China including economic security, and agreed to continue to closely cooperate," he said.
Wednesday, Sept. 23
11:45 p.m. The European Chamber of Commerce in China applauds the extension of the trade truce between Washington and Beijing, saying that without it, "the implementation of the planned export controls on rare earths would have a crippling impact on industry."
However, it raises several concerns, including uncertainty over what will happen after the new expiry date of Jan. 10.
"The extension does not address underlying challenges companies experience when it comes to applying for both single and general export licenses" for rare earths, it adds. The chamber flags "a lack of coordination" between Chinese commerce and customs authorities, inconsistent di

sclosure requirements and "a lack of clarity as to why some applications are unsuccessful."
11:00 p.m. As the U.S. was preparing to welcome Xi, Chinese human rights activist Shi Tingfu died in prison in the country's northwestern region of Xinjiang on Tuesday, according to the Chinese-language website Rights Defense Network (RDN).
Shi, an outspoken advocate of freedom and democracy from Nanjing who supported the 1989 Tiananmen protests, was detained by Xinjiang police in January 2024 and later sentenced to three years in jail for "picking quarrels and provoking trouble." He was expected to be released in about four months.
The death of the 67-year-old activist underscores questions over whether Trump will press Xi on human rights issues in their meeting on Thursday, beyond raising the cases of two Americans held by Beijing.
Shi's c

onviction was due to passing information to overseas media about fruit farmers in the western Xinjiang city of Aral, or Alar, lodging grievances against Xinjiang Production and Construction Corps, a state-run paramilitary organization and corporate conglomerate.
The Network of Chinese Human Rights Defenders said it could not definitively confirm that his death resulted from inadequate medical care. He suffered from multiple health conditions, including high blood pressure, pneumonia and asthma.
But according to RDN, his family said he had appeared to be in good condition and did not mention feeling unwell during a visit not long ago, "raising concerns about the circumstances of his sudden death."
On another front, the Tibet Action Institute reports that China has been enforcing a "complete information blackout across Tibet" followi

ng catastrophic landslides and floods at the border with Nepal last month.
"Xi Jinping's regime tried to make Tibet invisible after the devastating border floods," said Tenzin Dorjee, the institute's research and advocacy director, by "blocking journalists, silencing victims, and censoring the internet -- all to mask the truth of its occupation and colonization of Tibet." She called on Trump to press Xi to allow access and end the "relentless repression" of Tibetans.
10:30 p.m. The White House has posted a short video clip of Trump's welcome for Xi.
View post on X
10:00 p.m. Days ahead of his U.S. visit, Xi wrote back to nearly 100 students from 10 U.S. universities who had been in China for an exchange program, according to the state-owned Xinhua News Agency. He urged them to foster bilateral ties.
Yet, even as leaders trade dipl

omatic overtures, academic and people-to-people exchanges between the two superpowers remain severely chilled after years of deepening political mistrust. The pipeline for American scholars going to China has nearly dried up. And the number of U.S. students studying in China has dropped sharply from roughly 11,000 in 2019 to fewer than 2,000, with most concentrated in short-term undergraduate programs, according to the U.S.-China Education Trust.
At the same time, Chinese students are increasingly shunning American universities amid tighter visa restrictions and heightened immigration scrutiny. The number of Chinese students on American campuses fell from a peak of more than 370,000 in the 2019-2020 academic year to nearly 266,000 by 2024-2025.
8:30 p.m. According to a list shared with media, the welcome ceremony for Xi featured: a

100-foot red carpet; a salute battery; a 21-person honor cordon; a pair of three-person color teams with the U.S. and Chinese flags; a U.S. Air Force band playing fanfare and the countries' national anthems; 3x5 platoons from each service; two B1 flyovers; and flower presenters.
6:20 p.m. Treasury Secretary Scott Bessent told Fox News that he and Chinese Vice Premier He Lifeng agreed to extend a trade truce through Jan. 10, two months beyond its Nov. 10 expiration date.
5:41 p.m. Chinese President Xi Jinping arrives in Washington to a rare tarmac welcome from President Donald Trump, who breaks with convention by greeting his counterpart planeside.
Trump and first lady Melania Trump are to take part in an arrival ceremony for Xi and his wife, Peng Liyuan, kicking off a three-day state visit.
4:30 p.m. Before President Donald Trump'

s tariffs, China bought about half of U.S. soybean exports. Since then, shipments have fallen sharply, from nearly $18 billion in 2022 to $3 billion in 2025, according to U.S. Department of Agriculture data.
The decline has helped Brazil and Argentina gain market share. Brazil exported a record 108.7 million metric tons of soybeans in 2025, up 11.7% from a year earlier, with about 80% headed to China, according to the National Association of Cereal Exporters.
"No one can replace the Chinese market," Dave Walton, vice president of the American Soybean Association and an Iowa farmer, tells the Associated Press. Walton says he hopes U.S. tariffs are removed, adding: "We think of Xi as a friend to American agriculture."
3:30 p.m. Secretary of State Marco Rubio says the U.S. and China have a responsibility to engage at the highest level

s, calling regular contact between the world's two largest economies "responsible statecraft."
"The idea that we would not interact with them at the highest levels is irresponsible. It's outrageous. We have to," Rubio tells reporters on the sidelines of the U.N. General Assembly, according to the Associated Press.
His comments come hours before President Donald Trump is set to welcome Chinese President Xi Jinping at Joint Base Andrews in a rare tarmac ceremony.
2:00 p.m. Security in Washington is being beefed up as Chinese diaspora groups plan welcome events and activist groups prepare demonstrations in conjunction with tomorrow's summit.
Road closures around the White House are already in place. The U.S. Secret Service, which is leading security for Xi's visit, says it is committed to ensuring the safety of foreign heads of state

who are in the U.S.
Chinese, Hong Kong, Tibetan and Uyghur activists say they expect several thousand people to protest on Thursday.
"We're all protesting for a simple reason ... because our people who used to say these things, who used to organize these demonstrations back at home, are now locked up behind bars in prisons, in concentration camps and are stripped away from their political freedom and rights," says Joey Siu, a Hong Kong human rights activist.
Activist groups clashed with Chinese government supporters when Xi visited San Francisco for the Asia-Pacific Economic Cooperation summit in 2023.
The Secret Service says it is prepared to manage any demonstrations to ensure that freedom of assembly and speech are expressed "safely."
"If individuals or groups decide to act unlawfully, plans have been put in place to address the

m efficiently and safely," the Secret Service says in a statement.
1:05 p.m. U.S. Treasury Secretary Scott Bessent says he has held "substantive discussions" with China's He Lifeng on the bilateral economic relationship ahead of Trump's summit with Xi.
View post on X
11:30 a.m. U.S. Treasury Secretary Scott Bessent is meeting with Chinese Vice Premier He Lifeng again hours before Xi is set to arrive in Washington.
"We have some unfinished business from Sunday," Bessent tells reporters here when asked what prompted this meeting, his second talk with He this week.
"We want strategic stability, but it has to be based in reciprocity and fairness," Bessent also says.
During closed-door negotiations Sunday at JPMorgan headquarters in Manhattan, the two sides agreed to carve out "nonsensitive" goods from future tariff actions.
7:40 a.m. T

here are signs of a generational shift among Americans in how they look at their country's biggest competitor. Younger and Democratic-leaning Americans, in particular, are warming up to the idea of building closer ties with China rather than decoupling, studies show.
A survey by the Chicago Council on Global Affairs released this week found 57% of American respondents favored engaging with China, the highest level since 2020 during the COVID-19 pandemic. The same poll found that Americans themselves perceive global respect for the U.S. to have declined over the last 10 years, while most respondents said respect for China was either about the same or had increased.
According to the Ronald Reagan Institute Summer Survey, 93% of Americans aged 65 and above expressed concern about Chinese espionage, compared with just 62% of those aged

18 to 29. The younger set was also less likely to worry about a potential military conflict over Taiwan, Chinese purchases of U.S. land and China's role in fentanyl flows.
Data on how Chinese citizens view America is far less accessible, though recent downtrends in Chinese visiting and studying in the U.S. indicate caution along with the effects of rising visa restrictions and tighter immigration rules.
7:00 a.m. Xi is heading stateside at a time when China's global image has improved, at least in relation to the U.S.
A report by Gallup published in April shows that China surpassed the U.S. in global approval ratings in 2025. A median 36% approved of Chinese leadership versus 31% for the U.S. -- the widest gap in China's favor in nearly 20 years.
This appears to reflect not only Xi's efforts to portray Beijing as a responsible po

wer but also deteriorating views of America in Trump's second term. "Overall, China's move ahead of the U.S. more broadly reflects a decline in U.S. ratings rather than an increase in China's ratings," the report says.
A more recent survey by the Pew Research Center, conducted across 37 economies, found that a median of 51% of respondents had a favorable view of China. Feelings toward the country were warmest in Southeast Asia, Africa and Latin America, where China has deepened its trade ties in recent years.
Confidence in both Trump and Xi was generally low, according to Pew, though people from 22 countries viewed Xi more favorably of the two. Respondents in only eight countries, including Japan and Israel, expressed significantly greater confidence in Trump than Xi.
Still, the Pew survey found the U.S. government ranks higher tha

n Beijing in terms of respect for personal freedom.
6:30 a.m. This will be Xi's first official state visit to the U.S. since 2015, and his first time setting foot on American soil since the APEC forum in 2023. Much has changed for both countries over the past decade -- key context for how the two administrations may approach relations.
In the U.S., a booming stock market fueled by artificial intelligence-related investments has supercharged wealth among high-income households. But middle- to low-income families face higher costs of living, exacerbated by elevated energy bills due to Trump's war against Iran .
The 20% richest Americans now account for 60% of personal spending, according to Mark Zandi, chief economist at Moody's Analytics.
Polls suggest that the affordability problem has eroded Trump's popularity. One released this w

eek by Reuters/Ipsos found that only 32% of Americans approved of the president's job performance, the lowest of his career, while just 17% approved of his handling of living costs.
There is no publicly available polling on Xi's performance atop China's Communist Party state. Still, there are signs of brewing discontent due to labor market pains. Youth unemployment hit a record of 18.9% in August, amid widespread adoption of AI .
China has cemented its grip on global manufacturing with a record trade surplus of over $1 trillion, despite Trump's repeated attempts to loosen that hold with tariffs since his first term in 2018. And Chinese companies are making rapid technological advances. Yet the country also faces a two-speed economy: a yearslong property slump has dented family wealth and suppressed retail spending, while overall of

ficial growth rates continue to trend downward .
6:10 a.m. Here's the scene at Joint Base Andrews in the wee hours of Wednesday, ahead of Trump's welcome for Xi.
6:00 a.m. At a forum in Sydney earlier, experts in Asian and military affairs offered cautionary assessments.
John Aquilino, a retired commander of the U.S. Indo-Pacific Command, said China is conducting the largest military buildup since World War II. "Their industrial base is in a wartime footing. They are cranking out ships, submarines and airplanes like it's their day job. That is for only one reason, and that is for the PRC to change the current world order in ways that benefit China at the expense of all of us," he said.
Aquilino emphasized a need for the U.S. to work with allies on economic alternatives and deterrence. On the upcoming summit, he said the direction o

f conversations about Taiwan "absolutely concerns me." Reuters reported this week that Xi is likely to push Trump to halt new arms sales to Taipei.
Kurt Campbell, a former U.S. deputy secretary of state and co-founder of The Asia Group, said at the same event that Xi is trying to "reduce the confidence in Taiwan in the United States" by framing "how to think about Taiwan and resisting arms sales."
Lai I-Chung, president of the Prospect Foundation think tank, said Taiwan will be watching the summit "very closely" but stressed that the island democracy's fate will "not be determined by the negotiation between those two powers."
5:45 a.m. Tesla CEO Elon Musk says Xi is a "great leader" in an interview aired by Chinese state broadcaster CCTV. The billionaire, who is reportedly due to join Thursday's state dinner with the two presidents

in Washington, says China has "prospered immensely" during Xi's time in power.
Musk has repeatedly praised China in recent weeks, while denying rumors that he is looking to break off Tesla's operations there.
5:15 a.m. A commentary in the Communist Party's People's Daily presents a broadly upbeat view of the summit. "The China-U.S. relationship is the most important and complex bilateral relationship in the world, and head-of-state diplomacy serves as the 'guiding star' of this relationship," it reads. It repeatedly emphasizes "constructive strategic stability," a framing of the superpower relationship that emerged at the May summit .
In a separate piece in the People's Daily, China's ambassador to the U.S., Xie Feng, lays out boundaries. "China's sovereignty, security, and development interests cannot be violated, and four red li

nes -- the Taiwan question, democracy and human rights, development paths and systems, and development rights -- cannot be challenged."
5:05 a.m. Xi is en route for Washington, Chinese state news agency Xinhua reports. The announcement says he is accompanied by his wife, Peng Liyuan, along with top aide Cai Qi and Foreign Minister Wang Yi, "among others."
He is scheduled to land in the early evening at Joint Base Andrews, where he is due to be greeted by Trump himself -- a rare diplomatic courtesy.
In a note, Oxford Economics says that the trip is "a sign the U.S.-China relationship is becoming more predictable." Yet, the advisory firm says both sides are "buying time."
"China wants to preserve export access while reducing external technology dependence. The U.S. wants to limit near-term supply-chain disruption and build manufactur

ing capacity at home. Economic interdependence is difficult to unwind, and both sides need time to build credible substitutes."
The analysts predict "narrow" and "reversible" outcomes, including limited tariff relief , a potential expansion of commitments to purchase farm goods and aircraft, and pledges to cooperate on issues like AI safety and Iran. "That would leave the thornier issues around tech rivalry, transshipments and Taiwan unresolved."
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[외부 원문 2]
[URL] https://www.whitehouse.gov/briefings-statements/2026/09/first-lady-melania-trump-releases-details-ahead-of-his-excellency-xi-jinping-president-of-the-peoples-republic-of-china-and-madame-peng-liyuans-visit-to-the-white-house/
[제목] First Lady Melania Trump Releases Details Ahead of His Excellency Xi Jinping, President of The People’s Republic of China, and Madame Peng Liyuan’s Visit to The White House

Office of the First Lady
First Lady Melania Trump Releases Details Ahead of His Excellency Xi Jinping, President of The People’s Republic of China, and Madame Peng Liyuan’s Visit to The White House
The White House
September 21, 2026
Pres

ident Donald J. Trump and First Lady Melania Trump will welcome His Excellency Xi Jinping, President of the People’s Republic of China and Madame Peng Liyuan to the White House on Thursday, September 24, 2026, for an official state visit. This visit comes more than a decade since President Xi and Madame Peng’s last visit to the White House, marking a significant milestone in the relationship between the two countries.
On Wednesday, September 23, the President will greet His Excellency, Xi Jinping, President of the People’s Republic of China and Madame Peng Liyuan at Joint Base Andrews.
On Thursday morning, September 24, the President and First Lady will host a State Arrival Ceremony honoring His Excellency, Xi Jinping, President of the People’s Republic of China and Madame Peng Liyuan. The ceremony, which will be held on the South

Lawn, State Floor, and Rose Garden of the White House, will feature 479 military personnel, representing all branches of the United States Armed Forces.
As the arrival begins, the South Drive will be lined with the Armed Forces Full Honor Cordon leading to a national flag display of U.S. and China flags where the United States Army Herald Trumpets will present a fanfare on the South Portico as the President and First Lady welcome His Excellency Xi Jinping and Madame Peng Liyuan to the White House.
On the State Floor, “The President’s Own” United States Marine Band will play the national anthems of the People’s Republic of China and the United States of America, followed by remarks from both The President and His Excellency Xi Jinping.
The ceremony will also feature a Presidential Salute from the United States Marine Silent Drill Pl

atoon and United States Joint Forces Command on the South Lawn. There will then be a Military Review in the Rose Garden where The United States Army Herald Trumpets will line the roof of the West and Oval Colonnades. Military demonstrations will be performed by the United States Army Old Guard Fife and Drum Corps, the United States Marine Corps Silent Drill Platoon, and “The Commandant’s Own” United States Marine Drum and Bugle Corps. The ceremony will conclude with a military flyover featuring a B-2 Spirit and four F-22 Raptors.
After the arrival ceremony, Mrs. Trump and Madame Peng Liyuan will visit the Smithsonian National Museum of Asian Art to explore works spanning centuries of artistic achievement and Sino-American cultural exchange.
On Thursday evening, the President and First Lady will greet His Excellency Xi Jinping and M

adame Peng Liyuan upon their arrival to the North Portico of the White House for a State Dinner in the East Room. The Office of the First Lady will share additional details on the State Dinner on Wednesday, September 23.
On Friday morning, the President and First Lady will greet His Excellency Xi Jinping and Madame Peng Liyuan upon their arrival to the South Portico of the White House for tea in the Red Room of the White House. Afterward, the couples will travel to the National Archives in Washington, DC where they will view a variety of important records and documents significant to the American and Chinese relationship throughout history. To conclude the historic State visit, the President and First Lady will bid farewell to His Excellency and Madame Peng Liyuan at the National Archives.

===== 통합 원문 6 / 29 =====
[채널] 황금똥 연간구독 (

'25. 9. 8 ~ '26. 10. 23)
[게시일시] 2026.09.24 19:12:52
[텔레그램 게시물] https://t.me/c/2977675436/23246
[원문 수집 기준] 외부 링크가 있으면 링크를 따라 확보한 실제 본문·첨부 파일이 주 분석 원문이다. 텔레그램 게시물은 발견 경로와 보조 설명으로 보존하며 외부 원문과 구분해 반영한다.

[현재 텔레그램 게시물 본문]
미국과 중국. 이번 회담의 성과를 대대적으로 포장해야 하는 쪽은 미국입니다.

뭐 항상 그러했지만.

때문에 어떤 성과?가 나오면 트럼프 진영은 엄청난 언론 플레이를 통해 포장하기 시작할 것입니다.

다만. 이둘의 성과는 항상 중국이 어떤식으로 발표하느냐에 달려 있는 만큼.

이둘의 정상회담 진행 특성을 이해 하실 필요가 있습니다.

===== 통합 원문 8 / 29 =====
[채널] 황금똥 연간구독 ('25. 9. 8 ~ '26. 10. 23)
[게시일시] 2026.09.24 19:46:18
[텔레그램 게시물] https://t.me/c/2977675436/23248
[원문 수집 기준] 외부 링크가 있으면 링크를 따라 확보한 실제 본문·첨부 파일이 주 분석 원문이다. 텔레그램 게시물은 발견 경로와 보조 설명으로 보존하며 외부 원문과 구분해 반영한다.

[연계된 텔레그램 원문]
[원문 게시물] https://t.me/c/2977675436/23245

[현재 텔레그램 게시물 본문]
채권 금리가 올타임 하이인걸 나이브하게 받으면 안됩니다.

요즘 이게 뉴노멀이다.
Ai 성장 대비 이정돈 괜찬다.

이런 말 많이들 하시는데요.
말이야 다 하죠. 책임을 못질뿐이지.

그들의 예언이 우리의 돈을 지켜주지

않습니다.

가보지 않는 영역
과거에거 위험한 레벨. 레인지에 지표가 도달하면

일단은 조심하고 대응을 하실 본인만의 기준을 잘 정하세요.

===== 통합 원문 15 / 29 =====
[채널] 황금똥 연간구독 ('25. 9. 8 ~ '26. 10. 23)
[게시일시] 2026.09.24 20:11:48
[텔레그램 게시물] https://t.me/c/2977675436/23255
[원문 수집 기준] 외부 링크가 있으면 링크를 따라 확보한 실제 본문·첨부 파일이 주 분석 원문이다. 텔레그램 게시물은 발견 경로와 보조 설명으로 보존하며 외부 원문과 구분해 반영한다.

[현재 텔레그램 게시물 본문]
1.과거 구소련의 영광(중국과 같은 논리. 우리는 원래 같은 국가이다..)

2.그런데 구소련 해체이후 소련 일부 지역들 NATO 가입

3.우크라이나 남부·크림은 흑해에서 지중해로 이어지는 해상 전략축에서도 중요

그래서 NATO와 러시아의 우크라이나 같은 곳의 완충지역?에 대한 충돌은 필연적

===== 통합 원문 16 / 29 =====
[채널] 황금똥 연간구독 ('25. 9. 8 ~ '26. 10. 23)
[게시일시] 2026.09.24 20:15:31
[텔레그램 게시물] https://t.me/c/2977675436/23256
[원문 수집 기준] 외부 링크가 있으면 링크를 따라 확보한 실제 본문·첨부 파일이 주 분석 원문이다. 텔레그램 게시물은 발견 경로와 보조 설명으로 보존하며 외부 원문과 구분해 반영한다.

[현재 텔레그램 게시물 본문]
B2C로 가는 과정에 나오는 에이전트들은 꾸준히 트래킹 하셔야 합니다.

이제 일일 활성자수 80만이네요. 아직 부족합니다.

=====

통합 원문 20 / 29 =====
[채널] 황금똥 연간구독 ('25. 9. 8 ~ '26. 10. 23)
[게시일시] 2026.09.24 20:20:53
[텔레그램 게시물] https://t.me/c/2977675436/23260
[원문 수집 기준] 외부 링크가 있으면 링크를 따라 확보한 실제 본문·첨부 파일이 주 분석 원문이다. 텔레그램 게시물은 발견 경로와 보조 설명으로 보존하며 외부 원문과 구분해 반영한다.

[현재 텔레그램 게시물 본문]
애플 비전프로 생각 나시죠.

그렇게 망하고 사라져 가는 기기도 많으니까요..

현재까지 아직까지도..
최고의 ai온디바이스 기기는 스마트폰입니다.

===== 통합 원문 21 / 29 =====
[채널] 황금똥 연간구독 ('25. 9. 8 ~ '26. 10. 23)
[게시일시] 2026.09.24 20:24:09
[텔레그램 게시물] https://t.me/c/2977675436/23261
[원문 수집 기준] 외부 링크가 있으면 링크를 따라 확보한 실제 본문·첨부 파일이 주 분석 원문이다. 텔레그램 게시물은 발견 경로와 보조 설명으로 보존하며 외부 원문과 구분해 반영한다.

[현재 텔레그램 게시물 본문]
독일, 2045년 화석연료 퇴출 발표

-목표가 탄소중립에서 더 구체화된 것

-수단 1) 2030년 재생에너지 전력 비중 목표 80%(현재 55%) 2) 석탄 사용 2038년 이후 금지 재확인, 2035년으로 당기는 것도 논의 3) 메탄 배출 2030년까지 30% 감축

-목표 달성 위해서는 재생에너지 확대는 물론 2035년 이후 내연기관차 판매금지와 빌딩, 주택의 냉난방을 오일, 가스에서 완전히 히트펌프로 대체해야 하고, 산업부문 연

료도 그린수소로 전환

https://www.theguardian.com/environment/2026/sep/23/germany-commits-for-first-time-to-phasing-out-fossil-fuels-by-2045
[Germany pledges to phase out fossil fuels for first time with target of 2045] https://theguardian.com/environment/2026/sep/23/germany-commits-for-first-time-to-phasing-out-fossil-fuels-by-2045

[외부 원문 1]
[URL] https://www.theguardian.com/environment/2026/sep/23/germany-commits-for-first-time-to-phasing-out-fossil-fuels-by-2045
[제목] Germany pledges to phase out fossil fuels for first time with target of 2045

[첨부 보고서 원문]
[상세 페이지] https://www.theguardian.com/environment/2026/sep/23/germany-commits-for-first-time-to-phasing-out-fossil-fuels-by-2045
[PDF 원문] https://uploads.guim.co.uk/2026/07/22/STL_Global_Tax_Strategy_for_the_year_to_31_March_2027.pdf
[파일명] STL_Global_Tax_Strategy_for_the_year_to_31_Marc

h_2027.pdf
[페이지 수] 3

SCOTT TRUST LIMITED TAX STRATEGY FOR THE YEAR
ENDING 31 MARCH 2027

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These values inform the group’s approach to its tax strategy.

About the Group

Scott Trust Limited (STL) is the parent company with the core purpose of securing
the financial and editorial independence of the Guardian, in perpetuity.

STL is the sole shareholder and ultimate owner of Guardian Media Group plc
(GMG); the business responsible for the pub

lication of Guardian journalism globally.
GMG has business operations in the UK, US and Australia.

STL is also the owner of a UK company, Scott Trust Endowment Limited which owns
a portfolio of investments to generate returns to secure the long-term future of the
Guardian. The investments are held by UK tax resident group companies which are
fully subject to UK tax on the income and gains arising from all of the investments
held. Investment strategy is not driven by tax considerations.

Our Tax Strategy

Our tax strategy consists of four key principles:

1) We manage our tax affairs in a manner consistent with the values of The Scott
Trust and the organisation’s purpose to secure the financial and editorial
independence of the Guardian in perpetuity and to support journalistic
freedom and liberal values.

2) We seek to act lawfully and with integrity when managing our tax affairs by
paying and collecting tax in accordance with all relevant laws and regulations
in the countries in which we operate. If we discover instances of non-
compliance, we seek to resolve them with the appropriate tax authority.
 3) We only engage in reasonable and sustainable tax planning that is aligned
with commercial and economic activity. This means:
● We do not enter into artificial tax arrangements;
● We only respond to tax incentives and exemptions in the manner in
which they were intended; and
● All transactions between Group companies are carried out on an arms’
length basis.
4) We are open and transparent with tax authorities and provide all relevant and
re

asonable information that is necessary for them to fully understand our tax
affairs.

Our approach to governance arrangements and risk management

Governance arrangements

The STL Board approves the Group’s tax strategy.

From an operational perspective, the Joint Audit Committee of the STL and GMG
Boards monitor on-going adherence with the tax strategy. The Chief Financial Officer
is accountable for adherence to the tax strategy, and the Director of Finance and Tax
is responsible for ensuring that appropriate policies, procedures, resources and
training are in place to comply with the strategy.

UK and global tax risk management

The risk of paying an incorrect amount of tax (tax risk) can arise as a result of
changes in tax legislation and changes to the Group’s underlying operating model,
systems and processes. The Directo

r of Finance and Tax is responsible for ensuring
that the Group’s tax procedures are regularly reviewed to enable the appropriate
management of tax risk globally.

External advisors are used periodically to assess our risk management processes.

The level of tax risk we are prepared to accept

The Group has a low appetite for tax risk in relation to both UK and in other
jurisdictions and manages its global tax affairs accordingly.

This is achieved by maintaining documented policies and procedures in relation to
tax risk management and maintaining open and constructive relationships with tax
authorities. A tax risk register, which sets out the possible causes of paying an
incorrect amount of tax and the processes in place to prevent this from happening is
reviewed annually by the Chief Financial Officer.
Our attitude towards tax p

lanning

Tax planning refers to making use of exemptions, deductions and reliefs to
legitimately reduce a tax liability. It is not the same as tax avoidance which could
involve contrived, artificial transactions that serve little or no purpose other than to
produce a tax advantage. Any planning is assessed against the four key principles and
the Scott Trust values to ensure it meets our required standards.

External tax advice is taken from time to time where clarification of the tax
implications of the Group’s activities is required.

Our approach towards our dealings with HM Revenue and Customs

The UK tax authority is His Majesty’s Revenue & Customs (HMRC). A constructive
relationship with HMRC is important in the operation of the Group’s tax strategy.

We engage in an open and transparent way with HMRC to allow them to fully
un

derstand our tax affairs and pro-actively bringing tax issues in our business to the
attention of HMRC and working with them collaboratively to resolve these as quickly
as possible.

Criminal Finances Act 2017

Tax evasion refers to the deliberate concealment of income or fraudulent claims for
reliefs from tax authorities. The Criminal Finances Act 2017 is clear that
that companies can be criminally liable where they fail to prevent those who act for,
or on behalf of them from criminally facilitating tax evasion. We ensure suitable
policies and procedures are in place to prevent or minimise the risk of our
employees, agents, suppliers or other third parties associated with us, facilitating tax
evasion.

We periodically review the policy and ensure adequate training is provided. We
assess our business activities to identify such ri

sks and ensure procedures are in
place.

This strategy is approved by the Board of Directors who regard the publication of this
tax strategy as complying with the duty under paragraph 16(2) of Schedule 19 of the
Finance Act 2016.

[외부 원문 2]
[URL] https://www.theguardian.com/environment/2026/sep/23/germany-commits-for-first-time-to-phasing-out-fossil-fuels-by-2045
[제목] Germany pledges to phase out fossil fuels for first time with target of 2045

[첨부 보고서 원문]
[상세 페이지] https://www.theguardian.com/environment/2026/sep/23/germany-commits-for-first-time-to-phasing-out-fossil-fuels-by-2045
[PDF 원문] https://uploads.guim.co.uk/2026/07/22/STL_Global_Tax_Strategy_for_the_year_to_31_March_2027.pdf
[파일명] STL_Global_Tax_Strategy_for_the_year_to_31_March_2027.pdf
[페이지 수] 3

SCOTT TRUST LIMITED TAX STRATEGY FOR THE YEAR
ENDING 31 MARCH 2027

Our

values

CP Scott, the Manchester Guardian editor, outlined the paper’s principles in his
celebrated centenary leader on 5 May 1921. The much-quoted article is still used to
explain the values of the present-day newspaper and the Group. The values he
described are: honesty; cleanness (today interpreted as integrity); courage; fairness;
and a sense of duty to the reader and the community.

These values inform the group’s approach to its tax strategy.

About the Group

Scott Trust Limited (STL) is the parent company with the core purpose of securing
the financial and editorial independence of the Guardian, in perpetuity.

STL is the sole shareholder and ultimate owner of Guardian Media Group plc
(GMG); the business responsible for the publication of Guardian journalism globally.
GMG has business operations in the UK, US and Austral

ia.

STL is also the owner of a UK company, Scott Trust Endowment Limited which owns
a portfolio of investments to generate returns to secure the long-term future of the
Guardian. The investments are held by UK tax resident group companies which are
fully subject to UK tax on the income and gains arising from all of the investments
held. Investment strategy is not driven by tax considerations.

Our Tax Strategy

Our tax strategy consists of four key principles:

1) We manage our tax affairs in a manner consistent with the values of The Scott
Trust and the organisation’s purpose to secure the financial and editorial
independence of the Guardian in perpetuity and to support journalistic
freedom and liberal values.
2) We seek to act lawfully and with integrity when managing our tax affairs by
paying an

d collecting tax in accordance with all relevant laws and regulations
in the countries in which we operate. If we discover instances of non-
compliance, we seek to resolve them with the appropriate tax authority.
 3) We only engage in reasonable and sustainable tax planning that is aligned
with commercial and economic activity. This means:
● We do not enter into artificial tax arrangements;
● We only respond to tax incentives and exemptions in the manner in
which they were intended; and
● All transactions between Group companies are carried out on an arms’
length basis.
4) We are open and transparent with tax authorities and provide all relevant and
reasonable information that is necessary for them to fully understand our tax
affairs.

Our

approach to governance arrangements and risk management

Governance arrangements

The STL Board approves the Group’s tax strategy.

From an operational perspective, the Joint Audit Committee of the STL and GMG
Boards monitor on-going adherence with the tax strategy. The Chief Financial Officer
is accountable for adherence to the tax strategy, and the Director of Finance and Tax
is responsible for ensuring that appropriate policies, procedures, resources and
training are in place to comply with the strategy.

UK and global tax risk management

The risk of paying an incorrect amount of tax (tax risk) can arise as a result of
changes in tax legislation and changes to the Group’s underlying operating model,
systems and processes. The Director of Finance and Tax is responsible for ensuring
that the Group’s tax procedures are regularly

reviewed to enable the appropriate
management of tax risk globally.

External advisors are used periodically to assess our risk management processes.

The level of tax risk we are prepared to accept

The Group has a low appetite for tax risk in relation to both UK and in other
jurisdictions and manages its global tax affairs accordingly.

This is achieved by maintaining documented policies and procedures in relation to
tax risk management and maintaining open and constructive relationships with tax
authorities. A tax risk register, which sets out the possible causes of paying an
incorrect amount of tax and the processes in place to prevent this from happening is
reviewed annually by the Chief Financial Officer.
Our attitude towards tax planning

Tax planning refers to making use of exemptions, deductions and reliefs to
legitimatel

y reduce a tax liability. It is not the same as tax avoidance which could
involve contrived, artificial transactions that serve little or no purpose other than to
produce a tax advantage. Any planning is assessed against the four key principles and
the Scott Trust values to ensure it meets our required standards.

External tax advice is taken from time to time where clarification of the tax
implications of the Group’s activities is required.

Our approach towards our dealings with HM Revenue and Customs

The UK tax authority is His Majesty’s Revenue & Customs (HMRC). A constructive
relationship with HMRC is important in the operation of the Group’s tax strategy.

We engage in an open and transparent way with HMRC to allow them to fully
understand our tax affairs and pro-actively bringing tax issues in our business to the
attention

of HMRC and working with them collaboratively to resolve these as quickly
as possible.

Criminal Finances Act 2017

Tax evasion refers to the deliberate concealment of income or fraudulent claims for
reliefs from tax authorities. The Criminal Finances Act 2017 is clear that
that companies can be criminally liable where they fail to prevent those who act for,
or on behalf of them from criminally facilitating tax evasion. We ensure suitable
policies and procedures are in place to prevent or minimise the risk of our
employees, agents, suppliers or other third parties associated with us, facilitating tax
evasion.

We periodically review the policy and ensure adequate training is provided. We
assess our business activities to identify such risks and ensure procedures are in
place.

This strategy is approved by the Board of Directors wh

o regard the publication of this
tax strategy as complying with the duty under paragraph 16(2) of Schedule 19 of the
Finance Act 2016.

===== 통합 원문 22 / 29 =====
[채널] 황금똥 연간구독 ('25. 9. 8 ~ '26. 10. 23)
[게시일시] 2026.09.24 20:25:44
[텔레그램 게시물] https://t.me/c/2977675436/23262
[원문 수집 기준] 외부 링크가 있으면 링크를 따라 확보한 실제 본문·첨부 파일이 주 분석 원문이다. 텔레그램 게시물은 발견 경로와 보조 설명으로 보존하며 외부 원문과 구분해 반영한다.

[현재 텔레그램 게시물 본문]
뭘로 대체 할껀데? 가 핵심.
대체가 안되면 저 시한은 밀리게 됩니다.

에너지는 대체재가 없습니다.
화석이든
원자력이든
신재생이든

공급이 간단없이 유지 및 증가해야 하는 거죠.

===== 통합 원문 29 / 29 =====
[채널] 황금똥 연간구독 ('25. 9. 8 ~ '26. 10. 23)
[게시일시] 2026.09.24 22:08:26
[텔레그램 게시물] https://t.me/c/2977675436/23269
[원문 수집 기준] 외부 링크가 있으면 링크를 따라 확보한 실제 본문·첨부 파일이 주 분석 원문이다. 텔레그램 게시물은 발견 경로와 보조 설명으로 보존하며 외부 원문과 구분해 반영한다.

[현재 텔레그램 게시물 본문]
제가 생각하는 강제적 속도조절은

최근 강조 드린 돈의 병목에 따른 그정도이지.

기술을 일부러 자체적으로 지연시킨다? 전혀.. 생각조차 않하고 있습니다.