China's GDP Soars 5.3%: A Pivotal Moment in Sino-US Economic Trends

It can truly be said that the rise and fall are both due to the US dollar.

If we were to name the most dangerous enemy of the United States, it would certainly not be China or Russia, but the United States itself.

Recently, the US has been relentless in its attacks on China, and even Fitch Ratings has taken action twice in one week to strangle China.

However, unexpectedly, the US has been defeated, and it has been a thorough defeat.

Not only did the Chinese yuan not plummet, but it also stabilized.

Meanwhile, the US itself has experienced a stock market decline and a plummeting bond market.

Has the financial war between China and the US ended in defeat for the US?

Has the watershed moment in the China-US economy arrived?

Has the US lost the currency war?

If the former US-Soviet rivalry was a Cold War model, then today's China-US game is a lukewarm war.

And in the recent financial game between China and the US, the US has been defeated.

The financial war between China and the US may have already seen the outcome.

In recent days, the US has been relentless in its actions against China.

First, as soon as Yellen returned to the country, the US launched a financial attack on us, which was to downgrade China's credit rating to negative.

That is to say, the US does not look favorably on China's development.

It should be known that Israel is currently in a negative situation, which means the US believes that China's economic situation is similar to that of Israel.

It can be said that this is completely nonsense.

Moreover, after downgrading China's credit rating to negative, Fitch Ratings was not satisfied and further downgraded the credit ratings of China's six major banks, namely ICBC, ABC, BOC, CCB, BOCOM, and Postal Savings Bank of China, to negative.

We must know that these six major banks are the aircraft carriers of our economy.

And according to the revenue and profits of last year and this year, they are all in an upward trend.

Compared with the US banks themselves, it can be said that Chinese banks are even healthier.

Recently, Wells Fargo announced its first-quarter financial report.

According to the report, Wells Fargo's first-quarter revenue increased by about 18%, but its own profits fell by about 7.45%.

That is to say, the thunder of US banks has been passed on to Wells Fargo.

It should be known that before Wells Fargo, there were JPMorgan, Goldman Sachs, and Bank of America.

That is to say, the US's own six major banks can't hold on.

However, did Fitch Ratings downgrade their ratings?

No, it downgraded our ratings instead.

It can only be said that this is the US's last charge.

While downgrading the credit ratings of Chinese banks, the US also downgraded Alibaba, Tencent, and 37 state-owned enterprise subsidiaries.

It can be seen that the US is determined to harvest us.

After Fitch Ratings did all this, the Federal Reserve and Wall Street finally took action.

First, in the face of huge losses, Powell announced that the Federal Reserve is not in a hurry to cut interest rates.

Even the CEO of JPMorgan Chase stood up and said that the US may raise interest rates to about 8%.

At this moment, Wall Street is also out of options.

Standard Chartered Bank announced that it will launch a deposit interest rate of nearly 10% in Hong Kong to attract funds from the mainland.

And the most important point is that the deposit term is one month, but it requires US dollars.

It can be said that this is a naked attack on us.

It should be known that our current deposit interest rates are generally around 1%-2%, and the US is doing this to undermine our foundation.

Before, the US had already attacked us in the offshore market, once causing the yuan to fall to 7.28.

However, in the end, we still took it back.

The US's attack this time has failed.

The operation of Standard Chartered Bank this time is to attract capital outflow to create a new financial panic, to short the yuan with a 10% interest rate temptation, and to let Wall Street's capital harvest us.

It can be said that all these things can be seen that the US is very anxious.

After all, a 10% interest rate for a month, can Standard Chartered Bank really hold on?

After all, if it is compounded, the interest rate for a year has long exceeded 100%, it can be said that the US is desperate.

However, at this time, the US Treasury bond yield has risen sharply, and the ten-year Treasury bond yield has reached about 5%, while the 30-year Treasury bond yield has reached about 7%.

It can be said that the US is using its last bit of strength to compete with us.

The situation of China and the US has changed, and it is better to be willing to give up the US than to pull China down.

It can be said that the US has seen its advantages getting farther and farther away, and the US has done everything possible.

As the saying goes, if you have ten times the enemy, surround them; if you have twice the enemy, attack them.

And now the US is attacking China with its own 34.5 trillion US debt, it can be said that the US is fighting with us with its own life.

Now, although it seems that the US is very fierce, it can also be seen how helpless the US is.

And even if Standard Chartered Bank offers a 10% deposit interest rate attraction, the exchange rate of the yuan has not broken the low point.

At the same time when the US needs it most, we have sold a large amount of US debt of 22.7 billion US dollars.

This is equivalent to us undermining the foundation of the US.

Because for the US now, the most important thing is US debt.

If US debt cannot be sold, the US will have to close down the next moment.

And according to data, the main force of purchasing US debt is now the US reverse repo of US dollars, and these liquidity US dollars are now only about 500 billion US dollars.

And the fiscal deficit of the US this year is more than 1.6 trillion US dollars, which means that the US is facing the situation of running out of food.

Compared with the US, our economic data in the first quarter has reached 5.3%, which can be said to be far beyond the global expectation.

Because before, the global expectation for us was about 4.5%, and the best was no more than 5%.

And for the US, how can China harvest if its economy is so good?

And its own economic data is not enough, but the front line has burned to the doorstep, either to cut interest rates to survive, or to raise interest rates and it may fall down first.

And now it has come to the last moment for the US.

When the US attacks us, the Middle East tycoon Saudi Arabia urgently visits China to cooperate with China's economy, and Saudi Arabia takes out a luxurious gift package of 50 billion US dollars to seek China's support.

All this is to show that it is not easy for the US to short us.

At the same time, we have been ready for a long time.

The watershed moment between China and the US may have appeared this year.

At this moment, as long as China withstands the impact of the US, the US will collapse without a fight.