😳The US suppresses Chinese companies from going public, and China's counterattack shakes Wall Street! 💥
💥The Sino-US financial war has escalated again, and three major news have pushed the game to a new height. The US took the lead and significantly raised the regulatory threshold for Chinese companies listed in the US. Many complicated clauses have caused many technology companies to fail in their listing plans. Its so-called "protection of investors" is nothing more than a cover to suppress Chinese companies' financing and technological progress, bringing the company's strategic expansion to an abrupt end.
💥China immediately counterattacked, adjusted its foreign exchange reserves and reduced its holdings of US bonds. The US dollar index fell in response, shocking Wall Street. The US then used rating agencies to try to weaken the confidence of Chinese financial institutions, and China responded strongly. Domestic financial institutions stabilized the market with impressive financial reports, while strengthening financial cooperation with countries along the "Belt and Road", actively opening up emerging markets, and successfully defusing the US's attempt to create panic.
💥This round of financial war has far exceeded the superficial offense and defense, and is reshaping the global financial landscape. Although the outcome is unclear at the moment, China's response is calm and powerful, demonstrating its confidence and wisdom. On the other hand, the United States has been relying on hegemony, and its future is full of uncertainties. How long can its hegemony be maintained? The world is waiting to see.