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This Happened

This Happened—January 24: Shoichi Yokoi, World War II's Final Holdout

After U.S. forces captured the island of Guam during World War II, Japanese Sergeant Shoic Yokoi went missing in the jungle. When he was found 28 years later he was welcomed back to Japan as a hero.

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Why did Shoic Yokoi go missing?

When American forces captured Guam in 1944, Yokoi went into hiding with nine other Japanese soldiers fighting there during World War II. Seven of them eventually moved away and only three stayed in the region.

How was Shoic Yokoi found?

On 24 January 1972, almost 30 years after disappearing, two locals discovered him near a river in Talofofo. Thinking his life was in danger, Yokoi attacked them, but the men managed to subdue him and carried him out of the jungle, bringing him to their home and feeding him before turning him over to the authorities.

What did Shoic Yokoi say after he was found?

He returned to Japan in March of 1972. "It is with much embarrassment that I return," he said, mentioning that he had known since 1952 that World War II had ended, but feared coming out of hiding. "We Japanese soldiers were told to prefer death to the disgrace of getting captured alive.”

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How A Xi Jinping Dinner In San Francisco May Have Sealed Mastercard's Arrival In China

The credit giant becomes only the second player after American Express to be allowed to set up a bank card-clearing RMB operation in mainland China.

Photo of a hand holding a phone displaying an Union Pay logo, with a Mastercard VISA logo in the background of the photo.

Mastercard has just been granted a bank card clearing license in China.

Liu Qianshan


It appears that one of the biggest beneficiaries from Chinese President Xi Jinping's visit to San Francisco was Mastercard.

The U.S. credit card giant has since secured eagerly anticipated approval to expand in China's massive financial sector, having finally obtained long sought approval from China's central bank and financial regulatory authorities to initiate a bank card business in China through its joint venture with its new Chinese partner.

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Through a joint venture in China between Mastercard and China's NetsUnion Clearing Corporation, dubbed Mastercard NUCC, it has officially entered mainland China as an RMB currency clearing organization. It's only the second foreign business of its kind to do so following American Express in 2020.

The Wall Street Journal has reported that the development is linked to Chinese President Xi Jinping's meeting on Nov. 15 with U.S. President Joe Biden in San Francisco, part of a two-day visit that also included dinner that Xi had with U.S. business executives.

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