The Sino-US financial war has escalated again! The three major news just now directly pushed this game to a new climax. The United States is really "ruthless" this time, and China is not weak either.
The first move is that the United States suddenly raised the regulatory threshold for Chinese companies listed in the United States, added a bunch of cumbersome clauses, and many technology companies' listing plans were forced to shelve. On the surface, it is said to be "protecting investors", but in fact it is trying to suppress Chinese companies' financing and technological development. The strategic expansion of these companies that have been preparing for many years has been paused, which shows that the United States is really ruthless.
The second move is that China quickly counterattacked, adjusted its foreign exchange reserves, and decisively reduced its holdings of some US debt. The US dollar index immediately fell, and the Wall Street financial giants panicked and met urgently to discuss countermeasures. To put it bluntly, China's move is to hit the hegemony of the US dollar and let the United States taste some bitterness.
The third move is that the United States directly used rating agencies to try to lower the market confidence of Chinese financial institutions, but China's response was quite tough. Domestic financial institutions showed beautiful financial report data and quickly stabilized market sentiment. At the same time, it also strengthened financial cooperation with countries along the "Belt and Road" and accelerated the expansion of emerging markets. This wave of operations completely shattered the US's attempt to create panic.
This financial war is no longer just a superficial suppression and countermeasure, but a reshuffle of the global financial landscape. Who will have the last laugh? It seems uncertain, but China's response is so steady that people have to admire it. And what about the United States? Perhaps it should also think about how long it can last relying on hegemony alone? $SAND
