Recently, the US side has ostensibly emphasized that it wants to get along with China, but judging by their actions, this is more like a trap. We have long been well aware of the tricks of the United States, so we can clearly see that the United States has a request from China. By combining the background of several recent news, we can understand this more deeply.
First, hearUnited States**With the news that it may be closed, we can see that the United States has begun to build momentum, and even sings its own praise. But if we look at the relevant history, we will find thatUnited States**It's been closed no less than 20 times. So,United States**"Closing the door" is not uncommon in American history. This timeUnited States**The "Shutdown Crisis" revolves around one word: money. It can be said that the United States turned to China for help mainly because it needed financial support. However, the United States has never been too friendly when dealing with China, because China is political,Militaryand the development of science and technology is a major threat to the United States.
To understand what the U.S. needs for China, we need to look at the dollar, U.S. Treasuries, and U.S. TreasuriesFederal ReserveThese aspects. Recently,Wall StreetBad news again. Federal ReserveChairman Powell saidFederal ReserveIt will enter a cycle of interest rate cuts in 2024. But,Federal ReserveVice-ChairmanWilliamsHowever, he said that further preparations for interest rate hikes are needed. While these statements can only be used as a reference, according to the monthly statements of the US Treasury, we can see signs of a weakening US economy. In November, the U.S. recorded its largest monthly budget deficit in history, exceeding the 26% deficit in the same period, despite a 9% increase in revenues. Independent analysts warn about this, arguingU.S. FinanceThe crisis of the market is just around the cornerThe U.S. debt crisisThe nuclear bomb is about to detonate.
In addition, China has sold US bonds for 21 of the past 23 months, while countries such as Japan and the United Kingdom have joined the sell-off. If global creditors begin to accelerate the liquidation of US debt, it will be a disaster for the dollar. Once the dollar loses trust, the dollar hegemony will face a rupture. This not only affectsUnited States**will also cause big problems for the entire American state.
It is in this context that Yellen, the United States, has confirmed the itinerary of her visit to China in advance and hopes that China will support the US debt. Although Yellen understands that no other country can save the United States except China, the United States has always been inconsistent. However, the visit of the United States to China is not a good thing, and it may bring a lot of trouble for China. After all, a visit by the United States is usually accompanied by a series of deterrent actions, which bodes badly for China.
To sum up, Yellen's recent move to determine the itinerary of her visit to China in advance can be seen, and it is a fact that the United States has asked for China. However, for China, how to handle this visit is a headache. China needs to remain calm and firm in the face of the United States' ** and threats, while being able to skillfully respond to American trickery. This will be a game about the U.S.-China relationship and the global financial landscape, from which China needs to protect its interests while promoting cooperation and stability.