It can be said that we will never die until we reach the Yellow River, and we will never turn back until we hit the south wall. Originally intended to facilitate the preservation of the dollar held by central banks, US bonds have finally become a sharp weapon for the US to dilute the assets of various countries. And with the rapid expansion of US debt, US debt has become the most dangerous asset.
However, just when China sold US $8.7 billion of debt, Biden immediately changed his face to talk with China and began to increase his hand in China.
First, we launched the 301 tariff stick on Chinese electric vehicles, and now we are gathering the European Union to invest 81 billion dollars to encircle China again. Does the United States want to break its face with China completely? Is the China US game going to be thoroughly launched?
Biden's "War" with China
When everyone was talking about the fact that China and Russia were jointly attacking the US hegemony, Biden suddenly got into trouble again. He wanted to unite Europe and spend 81 billion dollars. The United States is about to launch another joint offensive against China.
Recently, according to relevant media reports, the United States, the European Union and other countries have again accelerated subsidies to the chip industry, and the scale of their subsidies has reached 81 billion dollars, which is clearly aimed at fighting against China.
You know, chips have always been the weak point of our industrial development, so in recent years our country has invested a lot of manpower and material resources to promote the development of our chip industry. The United States first ordered semiconductor enterprises in Europe, America, Japan and South Korea not to export advanced semiconductor equipment and technology to us.
And just a few days ago, the United States suspended the export licenses of Qualcomm and Intel in order to strengthen sanctions and even ignore the profits of its own companies. These export licenses are not top chips but mature chips.
Now the United States and the European Union have begun to invest heavily in the chip industry again to contain China. It can be said that the shamelessness of the United States has been thoroughly demonstrated.
You should know that one of the reasons proposed by the United States for imposing sanctions on Chinese electric vehicles is that Chinese electric vehicles are cheaper than those of other countries because they are subsidized by China, which has impacted the American market and affected the security of the United States, so the United States will raise tariffs to four times.
The reason why Europe is eager to sell electric vehicles to China is also the so-called subsidy problem. Now Europe and the United States have begun to subsidize themselves. Who on earth violated the trade rules?
The semiconductor industry is not the first time that the United States has taken the initiative. This time, in order to put China's semiconductor industry to death, the United States even did not hesitate to lose its original position.
According to American media reports, this practice in Europe and the United States will inevitably lead to an oversupply of the chip industry. It can be said that the United States is preparing to completely strangle China's semiconductor industry.
And RAND Corporation, a senior strategic provider in the United States, said that the United States has crossed the Rubicon River in its technological competition with China. That is to say, the United States is ready to break the ice, either you die or I die. The United States is going to gamble on everything to fight with China.
This time, the United States has gradually formed a trend of containment by drawing together 29 countries such as Europe, Japan and South Korea. It can be said that after the United States gradually lost its containment in the trade field, the United States again launched a joint offensive in the field of science and technology, and perhaps this is just the beginning.
You should know that while the United States launched the chip offensive, the United States also launched the photovoltaic and electric vehicle offensive. Now the European Union is arguing about whether to sell electric vehicles to China, and all of this is blocking China's manufacturing industry. It can be said that the United States will not stop beating China down!
China US Game Enters Deep Water Area
The foundation of cooperation is interests. Cooperation without interests cannot last long. Moreover, the United States wants to force China to cooperate without giving way to China's interests. Does the United States want to force China to compromise through extreme pressure?
We can see that the United States has made careful arrangements for this war, not only communicating with the European Union, but also bringing in Japan and South Korea, except for China. It can be said that the United States has carefully planned this.
For us, you hit your atomic bomb and I hit my hand grenade. The United States believes that it has a huge advantage in the semiconductor industry, so it tries its best to take action. For us, it is necessary to not only guard against the black hands of the United States, but also firmly fight back against the United States.
The direction of the counterattack is the seven inch US debt. All that the United States is doing now is to let us continue to work for the United States and do our best to serve the dollar system. Let us continue to export cheap goods to the United States, but it must open up finance to let the United States financial capital parasitism, and let us use more labor surplus to buy US bonds.
It can be said that all these are the seven inches of the United States. The various trade wars and science and technology wars in the United States are just trying to force us onto this path. After all, the United States still controls the international settlement system and consumer markets in Europe, America, Japan and South Korea. And that's America's card.
But we can neither compete with the United States in the fields that the United States is familiar with, nor remain unmoved, or the United States will only intensify. Therefore, we should increase our efforts in the direction of US debt, continue to export in the core areas of the United States, and also accelerate our chip breakthrough speed.
Moreover, according to relevant data, our chip import has decreased from about 440 billion dollars in 2021 to about 349.5 billion dollars, nearly 100 billion dollars less. By the first quarter of this year, our total output of integrated circuits had soared by 40%, and the total output value had reached 98.1 billion pieces, three times more than that of five years ago.
It can be said that today's United States has used its final trump card because on the one hand it is really powerless, and on the other hand, it is because there is really not much time left for the United States.
For us, it is necessary to adhere to the stable implementation of our strategy and not relax. We should follow our plan step by step, and not break our rhythm because of the sudden action of the United States. This is not worth it for us.
The United States has gradually failed in the trade war. Today, it is inevitable that this situation will not last long, and what we need to do is to attack each other. Today, not only the United States has a market, but also we have a huge market, which is our advantage.
So today's game between China and the United States has reached the final stage. All the extreme actions of the United States are just overdrafting the American hegemony. As long as we can carry it, the American hegemony will be dismantled by someone. Japan, South Korea and Europe will probably be the most active ones. But until then, we must not fail.
Information source:
South China Morning Post: In the first quarter, the output of domestic cores surged by 40%, producing 98.1 billion pieces in total!
China Economic Network: $81 billion! US and Europe and other big subsidies for chips, US media: the industry may face "potential danger" of oversupply
