Putin and Kim Jong-Un Attend China’s Military Parade in Beijing

What Happened?

China conducted a large-scale military parade in Beijing to commemorate the 80^th anniversary of the end of World War II. Russian President Vladimir Putin and North Korean Supreme Leader Kim Jong-Un were among the leaders of twenty-seven nations who also attended the parade, which showcased new Chinese military weaponry.

‘The Chinese nation is a great and self-reliant nation that is never intimidated by bullies,’ China’s President Xi told thousands of onlookers near Tiananmen Square. U.S. President Donald Trump urged China’s President Xi to acknowledge the crucial role played by the United States in achieving victory over Japan in World War II.

Why it Matters

While China’s parade was intended to mark the 80^th anniversary of the end of the Second World War, it was also an opportunity to showcase a growing Chinese military and to emphasize China’s increasing importance as a leader among the nations of Asia. 

The presence of Vladimir Putin and Kim Jong-Un, along with the absence of Donald Trump, was likely intended to present an image of China as the leading country in an Asian alliance designed to challenge the U.S. for the primacy of world leadership. Increasing trade ties and defense cooperation between China and Russia are intended in part as a counterweight to U.S. influence in Asia. 

One of today’s fastest-growing software companies might surprise you

🚨Heads up! It's not the publicly traded tech giant you might expect…

Meet $MODE, the disruptor turning phones into potential income generators. Investors are buzzing about the company's pre-IPO offering.*

📲Mode saw 32,481% revenue growth from 2019 to 2022, ranking them the #1 overall software company on Deloitte’s 2023 fastest-growing companies list.

They aim to pioneer "Privatized Universal Basic Income" powered by technology—not government. Their flagship product, EarnPhone, turns phones from an expense into an income stream, and they’ve already helped consumers earn & save $325M+.

Uber did it to taxis, Airbnb to hotels and now Mode Mobile is doing it to the $500 billion smartphone industry. The difference? You can still invest in their pre-IPO offering for a limited time.

50,000+ investors already participated in their previous sold out offering at 0.30/share and you can still claim your shares in this $1 trillion industry.

🔒 With their Nasdaq ticker $MODE secured, investors now have an opportunity to invest before they potentially go public but only a limited space remains in their current round.

🚀Invest in the biggest disruption to smartphones since the iPhone.

While relations between Russia, China, and North Korea have been improving, there remain many challenges and problems that prevent those three countries from becoming a full-fledged alliance. North Korea continues to be a headache for China, and Beijing would prefer that North Korea stop broadcasting quite so loudly its threats to the United States. China wants to challenge the U.S. for global primacy, but it also wants to keep trade relations with the United States strong.

Russia and China have a long history of disagreement and strife, and none of that has gone away despite the photo ops of Xi and Putin together. China has been watching Russia struggle in Ukraine, and despite the improving ties between Russia and China, the consensus in Beijing is that Russia’s military is inferior to China’s. The idea of Russia and China joining forces to fight the United States remains, at least for now, the stuff of fiction. 

The downplaying of the importance of the U.S. role in defeating Japan by Chinese officials is part of a hyper-nationalist wave currently sweeping China. Though it is difficult to tell how much of that nationalist fervor is performative and how much is genuine. 

How it Affects You

China has grown its defense budget, modernized its armed forces, and expanded the capabilities of its military branches. The ability of China to project power into the Pacific will likely mean increasing challenges for the United States in the next decade. 

*Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.

The Deloitte rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period.

In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. Mode Mobile has filed a Form C with the Securities and Exchange Commission in connection with its offering, a copy of which may be obtained here: https://www.sec.gov/Archives/edgar/data/1748441/000164117225025402/ex99.pdf