Author: top ten sources: flower planting city (ID: hqsycn)
There are two news worthy of attention recently:
First, China reduced its holdings of US Treasury bonds
According to the US Treasury Department, in the seven months from the end of last year to June this year, China sold us $113 billion of US bonds, and its total holdings fell to less than US $1 trillion.
Second, China has increased its gold reserves
According to Bloomberg and other media reports, China imported 80 tons of gold from Switzerland in July, twice as much as in June and eight times as much as in May. That is to say, in recent March, China bought at least 130 tons of gold.
According to a US financial media report, in August, the gold transported to China from the European and American markets will reach 230 tons. What is the concept of 230 tons of gold? We should know that China’s gold reserves are about 2000 tons, and the United States is about 8000 tons, which is equivalent to a 10% increase in gold reserves in August.
Taken together, these two messages mean that China is selling US bonds and increasing its gold reserves.
The reason for increasing gold reserves is related to the economic recovery on the one hand, and the currencies of China and the United States on the other. However, before the COVID-19 epidemic, the conflict between Russia and Ukraine, and the food and energy crisis, there was no large-scale purchase of gold by China. Therefore, these two reasons cannot be fully explained.
Therefore, the author thinks that this is not related to geographical conflict.
It is not hard to understand that after the conflict between Russia and Ukraine, the western countries led by the United States not only confiscated / impounded the personal assets of the Russian rich, but also frozen the Russian state property of more than 300 billion US dollars. This move will certainly arouse the vigilance of other countries and take corresponding risk avoidance measures.
Here I would like to talk about the several contests between China and the United States in the past year.
We know that the United States is suffering from serious “three high diseases”, namely, high inflation, high debt and high foam. If one of them is solved, the other two will easily deteriorate. For example, printing more money and raising less interest rates will naturally benefit the stock and bond markets, but inflation will be troublesome; On the other hand, it is conducive to curbing inflation, but the stock market and bond market are in trouble.
Therefore, the United States is in a dilemma.
However, there is no solution, that is, to allow external funds to flow in, so as not only to preserve the stock market and bond market, but also not to print more money to raise inflation. It can be said that it is a perfect solution for both sides.
But how can we let money flow in?
One way is to disrupt the region, such as using the Russian Ukrainian war to return European capital to the United States. However, the United States has been sucking blood from Europe, and Europe will soon be sucked dry, to no avail.
The other is that, like China’s rescue of the United States in 2008, China took the lead in buying a large number of US Treasury bonds, causing the confidence of other countries to buy them together, thus helping the United States to tide over the disaster.
Here are three trials of strength between China and the United States:
for the first time
As mentioned above, the first “blood sucking” method, whether it is from Europe or Japan, is not very useful.
Well, the United States naturally thought of the second way to ask China for help, but it did not directly ask China for help as it did in 2008. Therefore, the United States has adopted both soft and hard tactics. First, it keeps its senior officials talking with China; second, it keeps making trouble in all directions of Hong Kong, Xinjiang, Taiwan, and Tibet; Senior US officials continue to visit China’s surrounding areas, creating a situation of encircling and isolating China; Invite allies to the Asia Pacific and organize military exercises, but China just doesn’t like it.
The basic mentality of the United States is that I am still the boss, and you in China have to listen to me, not only listen to me, but also help me tide over the difficulties. If you don’t help me, I’m very powerful. I have many means to target you, so I ask you if you are afraid.
But in the end, the United States not only failed to achieve the desired results, but also was taught a lesson by China.
? Biden video screenshot
The second time, it was Pelosi’s escape
I don’t rule out one possibility. Pelosi’s fleeing to Taiwan or the United States wants to send a signal to China. You have to help me, or I can take advantage of your weakness.
Another possibility is that the United States wants China to rashly adopt a tough policy. If so, China will either get into the same trouble as Russia or drive the Asia Pacific Capital back to the United States.
However, China has adopted even more sophisticated measures, not only failing to make the United States realize its wish, but also taking the opportunity to cut a large section of sausage, making the United States and Taiwan lose more than they gain.
Not only this time, if we put the time back a little bit, there is also the problem of tracing the source of covid-19. At the beginning, the United States continued to discredit China, but China also implemented the principle of “you hit you, I hit me”, and the world knows that it is dead to beat Fort derrick and its global biological laboratory. As soon as the United States looks bad, if it goes on like this, it will not be able to discredit China. On the contrary, it can not explain clearly, so it has to stop.
third time
This is probably under preparation.
As mentioned above, China is reducing its holdings of US debt and increasing its gold reserves. The author does not want to speculate on what this means. However, in the face of Russia’s experience and lessons from the United States, it is necessary to take reasonable risk avoidance measures.
What’s more, does it convey the meaning that in the face of the current situation and the various means of the United States, we will not expect the United States to help it again as in 2008. Not only will we not help it, but also we are not afraid of such things as decoupling from the United States and being positive and rigid. The collective delisting of the five major state-owned enterprises from the United States, reducing their holdings of US debt and increasing their holdings of gold… These are just some of the preparations made for a rainy day.