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On April 9, 2025, Trump announced an increase in tariffs on Chinese imports to 125%, citing China's lack of respect for the global market.
At the same time, Trump announced a suspension of new tariff measures for more than 75 other countries that had not taken retaliatory actions, for a period of 90 days, during which tariffs would be reduced to 10%.
China quickly responded by raising tariffs on U.S. goods from 34% to 84%, affecting sensitive areas, including defense and pharmaceuticals.
#美国 #中国 #贸易战 #关税 #国防
At the same time, Trump announced a suspension of new tariff measures for more than 75 other countries that had not taken retaliatory actions, for a period of 90 days, during which tariffs would be reduced to 10%.
China quickly responded by raising tariffs on U.S. goods from 34% to 84%, affecting sensitive areas, including defense and pharmaceuticals.
#美国 #中国 #贸易战 #关税 #国防
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Although it did follow my script, I did get stuck in multiple long positions. However, I am still very happy; the motherland has indeed become strong, a weak country has no diplomacy! #中国
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The United States Pressures Argentina: Want to Get the $20 Billion IMF Loan? Cut Ties with China First!
Recently, the United States has pressured Argentine President Milei to terminate the 15-year currency swap agreement with China, or it will withdraw its support for Argentina's $20 billion International Monetary Fund (IMF) loan.
This move is seen as a strategic action by the U.S. to curb China's influence in Latin America, while Argentina is currently in a difficult situation, with an inflation rate reaching 84.5% as of January this year, and a severe devaluation of the peso. The currency swap agreement with China has become its last line of dollar supply.
Trump's Latin American affairs advisor, Clavell Carone, bluntly stated that as long as Argentina maintains the currency swap arrangement with China, China can continue to "extort" Argentina.
However, this demand has put Argentina in a dilemma. The country's inflation rate remains as high as 84.5%, and the currency swap agreement with China has always been a crucial lifeline for obtaining dollars and stabilizing the economy. President Milei, although advocating for dollarization of the economy and liberalization of Bitcoin, must also carefully weigh the situation given the severe economic conditions at home.
Analysts point out that this demand from the U.S. is tantamount to "economic extortion," exposing the essence of its so-called ally relationship. This game not only concerns Argentina's economic lifeline but also reflects the power struggle between China and the U.S. in Latin America.
Ironically, Trump's Latin American affairs advisor Clavell Carone calls President Milei a "valuable ally" while threatening to withdraw the $20 billion IMF loan. This blatant coercive tactic has sparked strong reactions from the academic community, revealing its hegemonic mindset!
Now, the pressure is entirely on Milei's shoulders. Continuing cooperation with China could lead to the U.S. cutting off loans; yielding to the U.S. could cause Argentina's fragile economy to collapse.
As the "Bitcoin President" and a liberal reformer, President Milei's choice not only relates to the lifeblood of his country's economy but also reflects his political stance, and the final outcome of this game may reshape the geopolitical and economic landscape of South America.
Do you think the U.S. operation counts as "financial hegemony"? If you were Milei, how would you choose? Stand up to the U.S., compromise, or play both sides? Leave your comments and discuss in the comment section!
#阿根廷 #美国 #中国 #货币互换协议
Recently, the United States has pressured Argentine President Milei to terminate the 15-year currency swap agreement with China, or it will withdraw its support for Argentina's $20 billion International Monetary Fund (IMF) loan.
This move is seen as a strategic action by the U.S. to curb China's influence in Latin America, while Argentina is currently in a difficult situation, with an inflation rate reaching 84.5% as of January this year, and a severe devaluation of the peso. The currency swap agreement with China has become its last line of dollar supply.
Trump's Latin American affairs advisor, Clavell Carone, bluntly stated that as long as Argentina maintains the currency swap arrangement with China, China can continue to "extort" Argentina.
However, this demand has put Argentina in a dilemma. The country's inflation rate remains as high as 84.5%, and the currency swap agreement with China has always been a crucial lifeline for obtaining dollars and stabilizing the economy. President Milei, although advocating for dollarization of the economy and liberalization of Bitcoin, must also carefully weigh the situation given the severe economic conditions at home.
Analysts point out that this demand from the U.S. is tantamount to "economic extortion," exposing the essence of its so-called ally relationship. This game not only concerns Argentina's economic lifeline but also reflects the power struggle between China and the U.S. in Latin America.
Ironically, Trump's Latin American affairs advisor Clavell Carone calls President Milei a "valuable ally" while threatening to withdraw the $20 billion IMF loan. This blatant coercive tactic has sparked strong reactions from the academic community, revealing its hegemonic mindset!
Now, the pressure is entirely on Milei's shoulders. Continuing cooperation with China could lead to the U.S. cutting off loans; yielding to the U.S. could cause Argentina's fragile economy to collapse.
As the "Bitcoin President" and a liberal reformer, President Milei's choice not only relates to the lifeblood of his country's economy but also reflects his political stance, and the final outcome of this game may reshape the geopolitical and economic landscape of South America.
Do you think the U.S. operation counts as "financial hegemony"? If you were Milei, how would you choose? Stand up to the U.S., compromise, or play both sides? Leave your comments and discuss in the comment section!
#阿根廷 #美国 #中国 #货币互换协议
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On Friday, President Donald Trump urged Federal Reserve Chairman Jerome Powell to seize the excellent opportunity to significantly lower interest rates. Trump passionately posted on Truth Social, stating: "Now is the perfect time for Federal Reserve Chairman Jerome Powell to lower interest rates. He is always 'behind the curve,' but now he can quickly change his image. Energy prices are falling, interest rates are decreasing, inflation is cooling, and even egg prices have plummeted by 69%, with job opportunities surging — all of this has happened in just two months. This is a great victory for America! Jerome, hurry up and cut rates, stop playing political games!"
#中国 #美国政治 #经济报告 #特朗普拜登
#中国 #美国政治 #经济报告 #特朗普拜登
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"Chinese official media reveals secrets"! Domestic retail investors "secretly" speculate in currencies, contract teachers bring orders online, and Hong Kong has become a fund transfer station... The underground crypto trading market has extraordinary resilience!
Recently, Bitcoin trading has continued to heat up. On March 14, Bitcoin hit a maximum of $73,777, about 530,000 yuan per coin, setting another record high. With four records broken in a week, Bitcoin has become the eighth-largest asset in the world by market capitalization. With this wave of gains, Bitcoin is becoming more and more popular.
During this round of gains, Asian investors have been extremely active. According to data from The Block, investors in Asian countries such as South Korea account for about 70% of Bitcoin trading volume, which is similar to the situation in 2021. Data shows that of the cumulative US$1.17 trillion in Bitcoin transactions in February 2024, Asian investors contributed US$791 billion, while North American investors accounted for only US$113 billion.
During this round of gains, Asian investors have been extremely active. According to data from The Block, investors in Asian countries such as South Korea account for about 70% of Bitcoin trading volume, which is similar to the situation in 2021. Data shows that of the cumulative US$1.17 trillion in Bitcoin transactions in February 2024, Asian investors contributed US$791 billion, while North American investors accounted for only US$113 billion.
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China demands the U.S. stop turning trade into a political weapon under Trump’s leadership.
The Chinese Ministry of Commerce issued an official statement on Saturday in Beijing stating that China has directly requested the U.S. government to stop using trade and investment as political weapons.
After the Trump administration imposed new restrictions on Chinese investments in U.S. companies, the ministry made the above statements, directly linking them to national security issues under Trump's 'America First' policy. The Chinese Ministry of Commerce publicly criticized Washington, clearly stating that such measures would seriously undermine the confidence of Chinese companies in investing in the U.S. The Ministry stated that these new policies mean that scrutiny of business relations with China will be more stringent and will harm the relationship between the two largest economies in the world.
After the Trump administration imposed new restrictions on Chinese investments in U.S. companies, the ministry made the above statements, directly linking them to national security issues under Trump's 'America First' policy. The Chinese Ministry of Commerce publicly criticized Washington, clearly stating that such measures would seriously undermine the confidence of Chinese companies in investing in the U.S. The Ministry stated that these new policies mean that scrutiny of business relations with China will be more stringent and will harm the relationship between the two largest economies in the world.
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China and Japan compete in blockchain! Ant Group of China increases its investment in blockchain! Sony of Japan enters the cryptocurrency market!
Technology giants are increasingly active in the blockchain and cryptocurrency fields. Recently, China's financial technology giant Ant Group has further increased its investment in blockchain business, while Japan's electronics technology giant Sony Group has officially entered the cryptocurrency trading field. These moves reflect the different attitudes and layouts of the two countries towards the blockchain and crypto asset fields.
Ant Group doubles down on blockchain
As a financial technology company under Alibaba, Ant Group has been actively expanding its blockchain business. According to the latest news, Ant Group's blockchain technology company "Ant Blockchain Technology (Shanghai) Co., Ltd." has increased its registered capital from the original 100 million yuan to 1.5 billion yuan, a 15-fold increase. At the same time, the registered capital of another Ant Group blockchain subsidiary "Ant Chain (Shanghai) Digital Technology Co., Ltd." has also increased from the original 100 million yuan to 2.1 billion yuan, a 21-fold increase.
Ant Group doubles down on blockchain
As a financial technology company under Alibaba, Ant Group has been actively expanding its blockchain business. According to the latest news, Ant Group's blockchain technology company "Ant Blockchain Technology (Shanghai) Co., Ltd." has increased its registered capital from the original 100 million yuan to 1.5 billion yuan, a 15-fold increase. At the same time, the registered capital of another Ant Group blockchain subsidiary "Ant Chain (Shanghai) Digital Technology Co., Ltd." has also increased from the original 100 million yuan to 2.1 billion yuan, a 21-fold increase.
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"China's Ministry of State Security Urgent Warning"! Foreign companies use cryptocurrency to lure people into illegally collecting space data! Be careful not to become an "accomplice"!
With the popularity of cryptocurrencies, new blockchain projects are emerging every day, and there are currently thousands of different cryptocurrencies on the market
Some projects may be favored by the market because of their celebrity halo, operating mechanism, excellent token economics, or excellent services, but there are also many projects that lack public attention or do not yet have a suitable token distribution mechanism. It is difficult to grow the community size, so blockchain projects may use airdrops to overcome these difficulties.
Cryptocurrency airdrops are a marketing and expansion strategy that typically involves sending free tokens to user wallets to increase market awareness of a project. In airdrop promotions, some tokens are distributed for free to the wallets of active community members. Sometimes airdrop activities also require users to complete some specific small tasks before they can receive them, such as retweeting tweets from the project team.
Some projects may be favored by the market because of their celebrity halo, operating mechanism, excellent token economics, or excellent services, but there are also many projects that lack public attention or do not yet have a suitable token distribution mechanism. It is difficult to grow the community size, so blockchain projects may use airdrops to overcome these difficulties.
Cryptocurrency airdrops are a marketing and expansion strategy that typically involves sending free tokens to user wallets to increase market awareness of a project. In airdrop promotions, some tokens are distributed for free to the wallets of active community members. Sometimes airdrop activities also require users to complete some specific small tasks before they can receive them, such as retweeting tweets from the project team.
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Is China ready to lift its cryptocurrency ban?
Summary:
•China has strictly banned cryptocurrency trading since September 2021, but interest in Bitcoin is increasing.
•Despite the ban, China’s underground cryptocurrency market still has huge trading volumes.
•Hong Kong is open to digital assets and faces an economic downturn pushing investors towards cryptocurrencies.
Recent developments have sparked discussion about whether China may reconsider its stance on cryptocurrency trading. Despite an explicit ban on cryptocurrency trading that has been in place since September 2021, there has been a noticeable increase in interest in cryptocurrencies within China. This is clearly proven by the growing trend of searching for Bitcoin on platforms such as Weibo and WeChat.
•China has strictly banned cryptocurrency trading since September 2021, but interest in Bitcoin is increasing.
•Despite the ban, China’s underground cryptocurrency market still has huge trading volumes.
•Hong Kong is open to digital assets and faces an economic downturn pushing investors towards cryptocurrencies.
Recent developments have sparked discussion about whether China may reconsider its stance on cryptocurrency trading. Despite an explicit ban on cryptocurrency trading that has been in place since September 2021, there has been a noticeable increase in interest in cryptocurrencies within China. This is clearly proven by the growing trend of searching for Bitcoin on platforms such as Weibo and WeChat.
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It’s rare for China to talk about cryptocurrency at length! The central bank issued a policy signal "similar to the US Securities Regulatory Commission"! Is it a priority to suppress the use of USDT for illegal crimes?
Recently, the People's Bank of China released the "China Financial Stability Report 2023", which is rare in setting up a separate "crypto-assets" section in a large space. The article did not use the traditional term virtual currency in the past, but proposed regulatory principles similar to those of the U.S. Securities and Exchange Commission (SEC), that is, "same business, same risks, same supervision", reflecting the market's focus on China's USDT illegal foreign exchange trading cases. Key reasons.
The People’s Bank of China emphasized in the report that crypto-assets carry dual financial and digital technology risks. On the one hand, the risks of traditional unregulated illegal financial activities are reflected in the field of crypto assets, such as asset price bubbles, large price fluctuations, liquidity and maturity mismatches, high leverage, and procyclical risks.
The People’s Bank of China emphasized in the report that crypto-assets carry dual financial and digital technology risks. On the one hand, the risks of traditional unregulated illegal financial activities are reflected in the field of crypto assets, such as asset price bubbles, large price fluctuations, liquidity and maturity mismatches, high leverage, and procyclical risks.
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China and the United States cut interest rates almost at the same time. Where will the large amounts of funds go?
#降息 #中国 The successive interest rate cuts by the United States and China can ensure that the global financial market will usher in a turmoil.
1. Priority markets for capital flows
The interest rate cut and reserve requirement ratio cut will increase market liquidity, but these funds will not flow into the cryptocurrency market immediately. Instead, they will first flow into markets with higher liquidity and more mature markets:
Stock markets: especially those in China and the United States. As interest rate cuts reduce the attractiveness of the bond market, companies and individual investors will tend to flow funds into the stock market. A reduction in the reserve requirement ratio also means that banks have more funds to lend to companies, stimulating economic activity and pushing up the stock market.
1. Priority markets for capital flows
The interest rate cut and reserve requirement ratio cut will increase market liquidity, but these funds will not flow into the cryptocurrency market immediately. Instead, they will first flow into markets with higher liquidity and more mature markets:
Stock markets: especially those in China and the United States. As interest rate cuts reduce the attractiveness of the bond market, companies and individual investors will tend to flow funds into the stock market. A reduction in the reserve requirement ratio also means that banks have more funds to lend to companies, stimulating economic activity and pushing up the stock market.
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#Bitcoin ( $BTC ) 🚀🌕📈 is the undisputed leader, ready to shatter expectations and redefine the concept of value. As the world witnessed Bitcoin’s meteoric rise, it was more than just a surge in price, but a testament to its enduring relevance and resilience.
🐂 Just a few years ago, skeptics believed Bitcoin was a speculative bubble destined to burst. However, Bitcoin has exceeded expectations time and time again, proving itself as a store of value, a hedge against inflation, and a beacon of financial sovereignty.
🐂 As Bitcoin breaks all-time highs, surpassing its previous record, it sends a powerful message to the world: decentralized finance is here to stay. With each milestone, Bitcoin solidifies its status as a legitimate asset class, gaining recognition from institutional investors, businesses, and governments alike.
🐂 Additionally, the macroeconomic environment is ripe for Bitcoin’s continued growth. Concerns about currency devaluation and inflation are growing as central banks around the world adopt unprecedented monetary stimulus measures. In this environment, Bitcoin becomes a safe haven and a hedge against the erosion of traditional fiat currencies.
🐂 Looking ahead, Bitcoin’s trajectory looks exciting. With each new all-time high, Bitcoin attracts more attention and investment, driving a virtuous cycle of adoption and growth. As Bitcoin solidifies its position as digital gold and the cornerstone of a new financial paradigm, its future possibilities are endless.
🐂 In summary, Bitcoin’s journey to new all-time highs is not just a milestone but a testament to its enduring relevance and transformative potential. As Bitcoin breaks down barriers and reshapes the financial landscape, investors and enthusiasts can look forward to a future where Bitcoin continues to shine, lighting the path to financial empowerment and prosperity for all. 📈
#比特币现货ETF #比特币ETF #比特币 #中国
🐂 Just a few years ago, skeptics believed Bitcoin was a speculative bubble destined to burst. However, Bitcoin has exceeded expectations time and time again, proving itself as a store of value, a hedge against inflation, and a beacon of financial sovereignty.
🐂 As Bitcoin breaks all-time highs, surpassing its previous record, it sends a powerful message to the world: decentralized finance is here to stay. With each milestone, Bitcoin solidifies its status as a legitimate asset class, gaining recognition from institutional investors, businesses, and governments alike.
🐂 Additionally, the macroeconomic environment is ripe for Bitcoin’s continued growth. Concerns about currency devaluation and inflation are growing as central banks around the world adopt unprecedented monetary stimulus measures. In this environment, Bitcoin becomes a safe haven and a hedge against the erosion of traditional fiat currencies.
🐂 Looking ahead, Bitcoin’s trajectory looks exciting. With each new all-time high, Bitcoin attracts more attention and investment, driving a virtuous cycle of adoption and growth. As Bitcoin solidifies its position as digital gold and the cornerstone of a new financial paradigm, its future possibilities are endless.
🐂 In summary, Bitcoin’s journey to new all-time highs is not just a milestone but a testament to its enduring relevance and transformative potential. As Bitcoin breaks down barriers and reshapes the financial landscape, investors and enthusiasts can look forward to a future where Bitcoin continues to shine, lighting the path to financial empowerment and prosperity for all. 📈
#比特币现货ETF #比特币ETF #比特币 #中国
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"Breaking news broke from China's two sessions"! Can’t the virtual assets involved in the case be liquidated privately and “confiscated”? The judicial authorities should return it to the victim!
As the capital market continues to prosper, the virtual currency market is also showing a rebound trend. As Bitcoin continues to rise, topics related to virtual currencies have increased significantly during the National Two Sessions. Related issues such as the supervision and legislation of virtual assets have become the focus of delegates' attention.
Financial reform cannot be separated from legal protection. During the two sessions, many National People's Congress deputies suggested revising the "Law of the People's Bank of China" as soon as possible to implement the central bank's financial reform arrangements and adapt to the needs of building a modern central bank system.
While amending the law to meet the needs of the People's Bank of China to perform its duties in the new era, representatives also suggested making legislation more forward-looking, improving RMB management regulations, and focusing on digital currency issuance and virtual currency risks.
Financial reform cannot be separated from legal protection. During the two sessions, many National People's Congress deputies suggested revising the "Law of the People's Bank of China" as soon as possible to implement the central bank's financial reform arrangements and adapt to the needs of building a modern central bank system.
While amending the law to meet the needs of the People's Bank of China to perform its duties in the new era, representatives also suggested making legislation more forward-looking, improving RMB management regulations, and focusing on digital currency issuance and virtual currency risks.
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Qingdao police cracked a "major underground bank case" involving a sum of 15.8 billion yuan! Are virtual assets not beyond the law?
Recently, the police in Qingdao, Shandong Province uncovered a large-scale underground bank case spanning 17 provinces and municipalities across the country, involving a total amount of 15.8 billion yuan (approximately NT$69.9 billion), and arrested a man who cooperated with this underground bank and engaged in illegal trading of virtual currencies. The acceptor of the business.
The investigation of the case began in November 2022. Qingdao police discovered that more than a thousand accounts of Jin and others were extremely abnormal. The average daily turnover was more than 3 million yuan, the total transaction amount was as high as more than 2 billion yuan, and large amounts of funds There are abnormal characteristics such as high-frequency operation around the clock and fast in and out. What is even more striking is that although these accounts are operated through online banking or mobile banking, the online operation addresses displayed are overseas, and the account holders have not left the country.
The investigation of the case began in November 2022. Qingdao police discovered that more than a thousand accounts of Jin and others were extremely abnormal. The average daily turnover was more than 3 million yuan, the total transaction amount was as high as more than 2 billion yuan, and large amounts of funds There are abnormal characteristics such as high-frequency operation around the clock and fast in and out. What is even more striking is that although these accounts are operated through online banking or mobile banking, the online operation addresses displayed are overseas, and the account holders have not left the country.
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