At present, financial wars and wars under the international pattern are brewing, and it often takes a while for them to show results. This also contains a lot of details, such as intelligence gathering and other issues, and is reflected in specific events. With regard to financial warfare, we cannot just look at the current appearances, but what is really destroying is something more important. For the control of capital, especially for the capital that violates the law and discipline, ** will never be laissez-faire, but it has never interfered excessively, mainly with warnings. After all, financial affairs need to be cautious, and avoiding escalation of war is the most important thing at the moment. In addition to the financial war, the South China Sea issue is also an important focus at present. Although there are many unknowns in the great power game, we can infer the situation from circumstantial evidence. The South China Sea issue has a deep impact on the Philippines, but we should not turn it into another Ukraine, let alone be "sacrificed". The United States has been stirring up potential crises and has not missed any opportunity. As time goes on, variants of the coronavirus re-emerge, and we need to stabilize the situation and avoid the impact of military conflict on national development. In the face of all this, we must not rush for quick success, and taking time is the key to solving the problem.
Financial wars and ** wars take time to brew, and they contain many details. Early warning information is often hidden in various aspects, such as a sharp drop in ** may become a clue. The formulation of policies often requires the opinions of all parties, so the outside world is not completely impossible to understand the direction of the policy. It's no surprise that many people may have been able to get information about the policy from various sources as early as a year ago. In fact, in the financial war, some key information can be touched, such as Bloomberg and Reuters, etc., reports can often accurately determine future trends. However, what is now seen is only the tip of the iceberg when it comes to the goals of the financial war. Issues such as housing prices, liquidity, and monetary mechanisms are the real challenges. The purpose of financial warfare is not to destroy some small interest groups, but to pursue long-term stability and development.
The South China Sea issue is one of the hot spots of international concern. However, our understanding of the great power game is often limited and can only be speculated from circumstantial evidence. A recent revelation said that there is some secret cooperation between the United States and the Philippines on the South China Sea issue, trying to create confrontation and escalation between China and the Philippines. However, the South China Sea issue is less of a concern for the Filipino people, who are more concerned about domestic prices and crime. For a long time, the escalating conflict has led to the Philippines **internally**, and we cannot allow the Philippines to become another Ukraine. On the South China Sea issue, the United States has been infiltrating the Philippines and manipulating some of the Philippine forces by providing study abroad programs and other means. In addition, the United States is not only brewing crises in the South China Sea, but also stirring up incidents in the Taiwan Strait, East Asia, and even the China-India border. We must remain calm, stabilize the situation and try to avoid the impact of military conflicts on the country's development.
The importance of financial warfare is self-evident, so we should adopt a strategy accordingly. First of all, we must not rush into action, but should take our time and avoid an escalation of the war. After all, once you get into a war economy, all the logic changes. Second, we need to maintain control over capital, especially those that violate the law. There will be no laissez-faire with this capital, but it will not intervene excessively, it will only be a warning. We should be clear that the goal of financial warfare is not to destroy small interest groups, but to maintain long-term stability and development.
The internationalization of the renminbi is a long-term and arduous task. Huang Qifan set the goal of gradually increasing the renminbi's share of the global currency to a level comparable to GDP. We can drive the pricing and payment of RMB in bulk imports, which will help to shift RMB payments to a global scale. This process is an important step towards the internationalization of the renminbi. In the future, transactions between major powers will not necessarily rely on the US dollar as an intermediary, and we have established sovereign currency swap mechanisms with many countries. We should continue to promote this process so that the status of the renminbi can be better enhanced. However, we cannot rush and need to be cautious in the process.
The new coronavirus is an issue that needs to be taken seriously. While some people think the pandemic is over, new variants are emerging. We need to stabilize the situation and avoid the impact of military conflicts on national development. China's calm posture in the South China Sea is admirable, and it has suppressed extreme sentiment by sending large ships. We need to maintain this momentum until November next year and try to avoid military conflicts disrupting the development process.
In short, we need to focus on long-term stability and development, and we cannot rush to achieve results. The financial war and the South China Sea issue are the focus of our attention at present, and we need to formulate corresponding strategic responses. In addition, promoting the internationalization of the renminbi and the prevention and control of the new crown virus are also issues that we need to pay attention to. Only by maintaining stability will we be able to play a greater role in the international arena.