Mr. Ye is most likely from Taiwan, given the use of Wade-Giles romanization and traditional Chinese characters in his name. Considering Paraguay's diplomatic stance, aside from Chinese companies like Huawei sending employees abroad, it's almost impossible for mainland Chinese crypto millionaires to choose Paraguay (since all visas require approval from Paraguay's Ministry of Foreign Affairs). Hong Kong and Macau nationals wouldn't need to either, as there's no tax optimization issue for them. Local media referring to him as 'Chino' is due to two reasons: first, they can't differentiate between Asians—Peru even calls their pure-blooded Japanese-descendant female president 'la china.' Second, Paraguay actually has an 'Embassy of the Republic of China,' one of Taiwan's last remaining diplomatic allies. Taipei truly provides substantial annual support, including agriculture, fisheries, hospital digitization, school buses, and even air conditioning—all labeled as 'donado por Taiwan.' It's definitely a tough relationship to disrupt.