Business Blog

Video: De-dollarization accelerates as China’s RMB soars past Euro, Yen; China builds new financial system 隨著中國人民幣兌歐元、日圓匯率飆升，去美元化進程加速；中國建構新金融體系

https://rumble.com/v5a2pga-de-dollarization-accelerates-as-chinas-rmb-soars-past-euro-yen.html
https://www.tiktok.com/t/ZPRo7KHha/

https://en.m.wikipedia.org/wiki/National_debt_of_the_United_States#/media/File:National_debt_of_the_United_States.webp
https://www.scmp.com/economy/economic-indicators/article/3272194/global-use-chinas-yuan-sharply-beating-pound-and-yen-internationalisation-index
https://asiahouse.org/research_posts/the-renminbi-overtakes-the-euro-as-a-trade-settlement-currency-as-its-use-in-global-trade-finance-accelerates/
https://www.bloomberg.com/opinion/articles/2023-12-07/yuan-shows-some-muscle-increases-share-of-global-trade

Worldwide adoption of China’s currency, the renminbi (RMB), is gaining steam as the de-dollarization push takes hold across the non-G7 countries.

Two macro factors are accelerating the growth of the RMB in place of the US dollar as the preferred currency for trading and settlements. The economic sanctions against Russia, which froze and then seized billions of dollars of Russian USD reserves held in custody in Western banks, are forcing countries and companies to de-risk by moving their reserves from SWIFT-associated financial institutions. Another crucial factor is the high US interest rates, which are sucking in hundreds of billions of dollars from global accounts to feed huge and growing fiscal deficits.

High US government borrowing causes USD to be drained from the global system. Ironically, this causes USD to gain in value outside the US, while feeding inflation and reducing the dollar’s strength inside the country.

Simply by moving its USD and Euro reserves from US and European banks to Chinese-based institutions, Chinese banks enjoy the best of all worlds: they receive billions of USD and Euro every day through trading surpluses, and can then lend those foreign currencies and create assets and economic activity on their own balance sheets. Analysis of Chinese banking and lending data confirm explosive growth in Chinese lending abroad, in both RMB and USD.

隨著非七國集團國家的去美元化進程不斷推進，中國貨幣人民幣 (RMB) 在全球範圍內的使用正在加速。

有兩個宏觀因素正在加速人民幣取代美元成為交易和結算首選貨幣的進程。 對俄羅斯的經濟制裁凍結並扣押了存放在西方銀行的數十億美元的俄羅斯美元儲備，迫使各國和企業透過將其儲備從 SWIFT 關聯金融機構轉移來降低風險。 另一個關鍵因素是美國的高利率，它從全球帳戶中吸走數千億美元來填補巨額且不斷增長的財政赤字。

美國政府的高舉債導緻美元從全球體系中流失。 諷刺的是，這導緻美元在美國境外升值，同時加劇通貨膨脹並削弱美元在國內的強勢。

只需將美元和歐元儲備從美國和歐洲銀行轉移到中國的機構，中國的銀行就可以享受到世界上最好的好處：它們每天透過貿易盈餘獲得數十億美元和歐元，然後可以藉出這些外幣並創造資產負債表上的資產和經濟活動。 對中國銀行業和貸款數據的分析證實，中國的人民幣和美元海外貸款爆炸性成長.

Tim Walz video: “I lived in China, visited China 30x, honeymoon in China, China is a vast country, no one is expert of China, China need not be US adversary” 蒂姆·沃爾茲視頻: “我住在中國，訪問中國30次，在中國度蜜月，中國地大物博，沒有人是中國專家，中國不必成為美國的對手”
https://rumble.com/v5a2a5w-tim-walz-video-on-china.html
https://www.tiktok.com/t/ZPRo7GDwF/

America’s failed color revolution in Hong Kong 美國在香港一塲失敗的顏色革命

In US, if you are brave to leave home after sunset is risky especially for Chinese being targeted for Asian hates and gun violence! Who could expect lying in bed at home you will get shot, still want to risk your life coming to America? 在美國，如果你在日落後勇敢地離開家，那是有風險的，特別是對於中國人來說，他們會成為亞洲仇恨和槍支暴力的目標！誰能想到躺在家裡的床上也可能被槍殺，還想冒著生命危險來美國?

The Chinese Academy: Iran Must Avoid Russia’s Mistakes in Dealing with Israel. The assassination of Hamas’s political chief in Tehran and the killing of a leading Hezbollah figure in Beirut have reverberated across the Middle East. However, according to Chinese strategist Prof. Wang Xiangsui, such high-profile assassinations are actually a strategic trap. Russia has previously fallen for similar tactics, so Iran should remain vigilant. 中科院：伊朗應對以色列必須避免重蹈俄羅斯覆轍哈馬斯政治首腦在德黑蘭被暗殺以及真主黨領導人在貝魯特被殺的事件在整個中東地區引起了強烈反響。然而，中國戰略家王祥穗教授認為，如此高調的暗殺其實是個戰略陷阱。俄羅斯先前也曾採取類似策略，因此伊朗應保持警覺.
https://thechinaacademy.org/iran-must-avoid-russias-mistakes-in-dealing-with-israel/

Video: China Ambassador to UN lash out at the USA for their belligerent behavior in creating distrust and sabotage against “not only” China but against the world and the American people. Short of blaming the Zioinist, the world must stand up against the influence of the Zioinist-AIPAC on the US foreign policy. 中國駐聯合國大使猛烈抨擊美國的好戰行為，不僅對中國，而且對世界和美國人民製造不信任和破壞。除了指責猶太復國主義者之外，世界還必須站起來反對猶太復國主義者對美國外交政策的影響.
https://rumble.com/v5a10jh-china-ambassador-to-un-lash-out-at-the-usa-for-their-belligerent-behavior.html
https://www.tiktok.com/t/ZPRo7JC1A/

Video: How the CIA Trained Violent Tibetan Extremists To Stoke Unrest In China – Prof. Ken Hammond 中央情報局如何訓練暴力西藏極端分子在中國煽動騷亂 – 肯·哈蒙德教授.
https://www.youtube.com/watch?v=PkqhZrKQcYE&t=48s
Here’s Professor Hammond’s bio: https://history.nmsu.edu/people/faculty-staff-pages/kenneth-hammond.html

Video: How many Chinese did Japanese slaughter between 1937-1941 with endless crimes against humanity 1937年至1941年間，日本人以無休無止的反人類罪屠殺了多少中國人
https://rumble.com/v5a0f9h-how-many-chinese-did-japanese-slaughter-between-1937-1941.html
https://www.tiktok.com/t/ZPRoWo3pR/

The China Anti-Doping Agency on Tuesday urged the United States to stop fabricating false narratives, politicizing anti-doping, manipulating public perception and embracing double standards when dealing with doping cases of athletes from the US and other countries, including Chinese swimmers. 中國反興奮劑機構週二敦促美方在處理包括中國游泳運動員在內的美國和其他國家運動員的興奮劑案件時，停止編造虛假敘述，停止將反興奮劑政治化，操縱公眾認知，採取雙重標準.

https://www.chinadaily.com.cn/a/202408/06/WS66b1ed2fa3104e74fddb8bb9.html

Knighton, 20, tested positive for performance enhancer trenbolone, a banned steroid, during an out-of-competition test on March 26. But the USADA decided before the start of the domestic qualifiers for the Paris Olympics that no ineligibility would be imposed on Knighton, claiming that the athlete’s positive result for trenbolone was caused by his ingestion of contaminated meat, and allowed him to eventually represent the US at the Paris Olympics, CHINADA said in a statement published on Tuesday. 20 歲的奈頓在3 月26 日的一次賽外測試中，成績增強劑群勃龍（一種違禁類固醇）檢測呈陽性。會取消奈頓的參賽資格中國反興奮劑機構在周二發表的一份聲明中表示，該運動員群勃龍測試結果呈陽性是由於攝入了受污染的肉類造成的，這使他最終能夠代表美國參加巴黎奧運.

Video: China launches first satellites of constellation to rival Starlink & part of China’s 6G network. A Chinese state-owned enterprise on Tuesday successfully placed 18 satellites into orbit 中國版「星鏈」今日昇空，這是中國6G網路的一部分。中國一家國營企業週二成功將18顆衛星送入軌道.

https://rumble.com/v59zt1x-china-launches-first-satellites-of-constellation-to-rival-starlink.html
https://www.tiktok.com/t/ZPRoWXjRe/

Known as “Thousand Sails,” the constellation is a low-Earth orbit set of more than 15,000 satellites that China has said will create global internet coverage. A Long March 6A carrier rocket took off from the Taiyuan launch center in the northern Shanxi province of China to deliver the initial 18 satellites into space, according to the Chinese Academy of Sciences, which called the mission a complete success. 被稱為“千帆”，是一個由 15,000 多顆衛星組成的近地軌道星座，中國稱這些衛星將覆蓋全球互聯網。據中國科學院稱，長徵六號甲運載火箭從中國北部山西省太原發射中心發射升空，將首批18顆衛星送入太空，該任務取得圓滿成功.