The news that Yellen and U.S. Secretary of State Antony Blinken want to visit China has been circulating for several months, but there has been no definite answer. The Chinese people are looking forward to this visit, feeling that it is right to reject them, and it is also a proud demonstration of China as a world power, and a proof that we have the strength to confront the United States.
But is that really the case?Can we really not buy U.S. Treasuries all the time?Can we really sit back and watch the US Treasury default on it?Do we really want the US hegemony to end there?Are we really ready to take over from the United States at any time and assume the responsibility and pressure of the world's largest economy?
And the premise of these questions is: Will we agree or when will we agree to the visit of Yellen to China?
Yellen is not a wolf, and we are not a sheepfold here. Since you are not a bad wolf, you should keep communicating. Since it's not a sheepfold, we don't have to worry about someone coming in and messing around and messing up everything about us.
Just when we happily thought that we could see the United States default on its debt for the first time, the gray-haired Yellen** suddenly announced with a smile that we had purchased a total of $20.5 billion of US foreign debt in March this year, plus Japan** also at the same time large-scale US dollar foreign debt, the United States ** temporarily had enough funds, and the national debt crisis was temporarily alleviated.
When we heard the news, we felt cheated, as if we had been tricked, but we couldn't say anything. Therefore, when the United States began to take the initiative to announce that it would send Yellen and other important people to visit China, we didn't know what to do, we only knew that what we said didn't count: if we didn't let us come, we didn't have enough bearing, and if we let them come, we were not patriotic.
So our position is to support Yellen's visit to China, but it is better to arrange it after June.