With the passage of time, clues to the financial war slowly emerged. This requires not only gestation, but also coordinated implementation and adaptation, so it will take several months. The detailed plan for the financial warfare is complex and involves a lot of details. For example, in the case of the crash in gaming stocks, we can see the problem of intelligence gathering. Policymakers seek advice before formulating policies, and the outside world has an idea of the pace of policies. In the United States, before Congress learns about major economic policies, members of parliament and their relatives will make arrangements in advance. Therefore, it is not surprising that some people bought a large put option on Tencent a long time ago. There is a lot to know about our policies, and there have been so many "predictions" come true in the past year by institutions such as Bloomberg and Reuters. Regarding the financial war, there are also people on Douyin who simply explain the big logic. However, this is only a small hill in the Great Game and is far from over. Hong Kong's housing prices, the liquidity of Hong Kong stocks, and the future mechanism of the Hong Kong dollar are the real issues that matter. The goal of financial warfare is not to destroy only some small interests, it pursues larger goals.
Expansion: The financial war and its ** war are like an ingenious calculation, which needs time to be carried out quietly. Everything was planned in secret, and before it attracted attention, there was already a rich layout and preparation. The implementation of such a strategy requires a high degree of coordination and flexibility. As you can imagine, in the run-up to the plan, all parties went through layers of deliberation on how to execute it without errors. And it turned out that the plan for the financial war had been carried out for several months, and gradually showed results. The details are everywhere, including intelligence gathering, internal and external public opinion, the dissemination of **, and so on. Using the crash in gaming stocks as an example, we can see the concrete impact of these details. Policymakers seek advice before making decisions, which also gives clues as to where the policy is headed. In the United States, any large-scale economic policy needs to be closely involved and planned by members of Congress and their relatives. Therefore, it is not surprising to hear that someone bought a put option on Tencent a long time ago. The outside world's grasp of our policies is quite deep, and Bloomberg and Reuters have almost always been accurate to the sensitive moment. The occurrence of this series of events, as well as the logical explanation on Douyin, is only the tip of the iceberg of the financial war, and it is far from over. Hong Kong's housing prices, the liquidity of Hong Kong stock trading and the future mechanism of the Hong Kong dollar are the most important. The goal of financial warfare is not just to destroy a few small fruits, but to compete for the greater good.
Financial warfare is extremely important for capital control, especially for those transnational capital. Although we are not helpless against the flow of capital, we have never resorted to drastic measures, but more to control them through warnings. The fundamental thing is immovable. Financial warfare is only part of our strategy, and avoiding military conflict is a top priority. As long as we can delay the outbreak of a military conflict, we have a variety of policy tools at our disposal. Once you get caught up in a war economy like Russia's, all the logic changes. In addition to the recently started military phone calls, the South China Sea is also underway. On the issue of the South China Sea, we have written several articles analyzing the wrestling between the major powers. However, due to the secrecy of the information, we can only speculate on the basis of circumstantial evidence, and the so-called conclusive evidence does not exist. Recently, a Filipino scholar broke the news about the new situation on the South China Sea issue, and the specific report can refer to CCTV's *** Yuyuan Tantian. We can expect changes in the political situation in the Philippines, but the puzzle and details need to be pieced together. According to the survey, only 7% of Filipinos are concerned about the South China Sea dispute, and most people are more concerned about high prices and crime in the country. The escalating conflict has sparked within the Philippines. The Philippines is not another Ukraine, but it is possible that it will be used as a victim. For many years, the United States has been infiltrating the Philippines, including providing study abroad programs for elite children and setting up accounts in the United States, and has de facto controlled a part of the Philippine ** power. The South China Sea issue, the Taiwan Strait issue, the East Asian issue, and even the Sino-Indian border issue are all being instigated and plotted by the United States at the same time, and it has not given up any of them. From now on, the change of US arms sales to Taiwan from long-range support to light "street fighting" shows that they have changed their strategic thinking and control of the time node. At this time last year, many experts and ** told you that the new crown epidemic will pass quickly, but now, new variants are on the rise, and it is already a clear fact. A Philippine expert said China has behaved well on the South China Sea issue, suppressing some extreme sentiment with large ships. We need to maintain this stable posture and try to avoid the impact of military conflicts on the development process. Huang Qifan's speech gave me a lot of inspiration, and he proposed that by 2035 and 2050, in the process of internationalization of the renminbi, the proportion of global currencies should gradually increase, from the current % to the same proportion as GDP. He also mentioned that transactions between major countries do not necessarily have to use the US dollar as an intermediary, and China has established a sovereign currency swap mechanism with dozens of countries, and can fully use the currencies of the two countries for transactions. In this sense, the status of the renminbi will be further enhanced. He also called for further promotion of the use of RMB pricing and payment for bulk imports, so that when large quantities are imported, the RMB payment will actually be extended to the whole world.
Expansion: Financial warfare and capital controls are inextricably linked, especially for those who are transnational. We will not be helpless to stop the flow of capital, but we have never resorted to drastic measures, but more to control it through warnings. Fundamentals are untouchable. Financial warfare is only one part of our strategy, and avoiding military conflict is the most important task. As long as we can delay the outbreak of a military conflict, we have the time and means to respond. Once you enter a state of war like Russia's, all the logic changes. In addition to the recently started military-to-military dialogue, the actual military game in the South China Sea is also underway. On the South China Sea issue, we have written several articles analyzing the contest between major powers. However, due to the secrecy of the information, we can only speculate on circumstantial evidence, and the so-called conclusive evidence does not exist. Recently, a Filipino scholar ** has some new information on the South China Sea issue, and the specific report can refer to CCTV's *** Yuyuan Tantian. We can foresee political changes in the Philippines, but the details of the puzzle need to be pieced together. According to the survey, only 7% of Filipinos are concerned about the South China Sea dispute, and most people are more concerned about domestic prices** and crime. The escalating conflict has sparked internal discourse in the Philippines. The Philippines will not become another Ukraine, but it may become a victim. For years, the United States has been infiltrating the Philippines, including providing elite children's study abroad programs and setting up accounts in the United States, and has de facto grasped some of the power of the Philippines. The United States has always been provoking and plotting the South China Sea issue, the Taiwan Strait issue, the East Asian issue, and even the Sino-Indian border issue, and has not given up on any side. From now on, the United States will change its arms sales to Taiwan from long-range support to light "street fighting" support, and we can see the change in their strategic thinking and the control of the time node. This time last year, many experts and ** told you that the new crown epidemic will pass quickly, but now, new variants of the virus are rising again, and this is already a clear fact. A Philippine expert said China has behaved well on the South China Sea issue, suppressing some extreme sentiment with large ships. We need to maintain this stable posture and try to avoid the impact of military conflicts on the development process. Huang Qifan's speech gave me a lot of inspiration, and he proposed that by 2035 and 2050, in the process of internationalization of the renminbi, the proportion of global currencies should gradually increase, from the current % to the same proportion as GDP. He also mentioned that transactions between major countries do not necessarily have to use the US dollar as an intermediary, and China has established a sovereign currency swap mechanism with dozens of countries, and can fully use the currencies of the two countries for transactions. In this sense, the status of the renminbi will be further enhanced. He also called for a further push for commodity imports to be priced and paid in renminbi, so that when large imports occur, renminbi payments can actually be extended to the world.
In a financial war, economic countermeasures are crucial. Financial warfare is not just speculation, but an impact on the entire economic system. We need targeted responses to protect the interests of the country and the population.
First, we must strengthen macroeconomic regulation and control, stabilize the market, and prevent excessive volatility in the financial system. This will require a variety of monetary and fiscal policy instruments, as well as strengthened regulatory and risk prevention measures.
Second, we need to develop the real economy and improve the competitiveness of the country's own industries. Financial warfare often has a greater impact on the real economy, and we cannot rely too much on the financial sector, but to strengthen the infrastructure of the real economy and improve the ability of technological innovation and industrial upgrading.
In addition, we can also strengthen international cooperation and gather more forces in the financial war. We can strengthen cooperation with other countries, promote the reform and improvement of the international financial system, and jointly address the challenges of financial warfare.
Finally, we need to strengthen monitoring and intelligence gathering to keep abreast of the dynamics and trends of financial warfare. Financial warfare is often hidden and complex, and we need professional intelligence agencies and expert teams to collect and analyze information in a timely manner to predict and respond to the trend of financial warfare.
Expansion: In the financial war, economic countermeasures play a crucial role. Financial warfare is not just a simple act of speculation, but also an impact on the entire economic system. We must take targeted measures to protect the interests of the country and the people.
First of all, we need to strengthen macroeconomic regulation and control, stabilize the market, and prevent excessive fluctuations in the financial system. This requires the use of a variety of monetary and fiscal policy tools, as well as strengthened regulatory and risk prevention measures.
Second, we need to develop the real economy and improve the competitiveness of the country's own industries. Financial warfare often has a greater impact on the real economy, and we cannot rely too much on the financial sector, but must strengthen the infrastructure of the real economy and improve the ability of technological innovation and industrial upgrading.
In addition, we can strengthen international cooperation and gather more forces to deal with financial warfare. We can strengthen cooperation with other countries, promote the reform and improvement of the international financial system, and jointly meet the challenges of financial warfare.
Finally, we need to strengthen monitoring and intelligence gathering to keep abreast of the dynamics and trends of financial warfare. Financial warfare is often concealed and complex, and we need a team of professional intelligence agencies and experts to collect and analyze information in a timely manner to respond to the trends of financial warfare.
In short, financial warfare is a complex and serious challenge, and we must not be intimidated by it, but should take proactive countermeasures to protect the interests of the country and the people. By strengthening macroeconomic regulation and control, developing the real economy, strengthening international cooperation, and strengthening monitoring and intelligence gathering, we can better cope with the challenges brought about by financial warfare and maintain economic stability and development.