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The Taiwan Province issue is a family affair within our country, and the return of Taiwan Province is also an inevitable trend. There are always people who want to play small tricks in the secret to block the road of China's reunification.
The situation in the Taiwan Strait is at odds. US experts claim that if China sends troops to recover Taiwan, the United States will freeze 3.2 trillion yuan of China's overseas assets.
This $3.2 trillion, including foreign exchange reserves, foreign investment, and the US debt held by China, this money, is China's efforts to globalize, and it is the home of several generations, and we have long anticipated that there will be a day to prepare for a lasting war with Western countries.
External forces have always wanted to put pressure on China, which has led our country to embark on the road of independent research and development for a long time. After the realization of diversification, industrialization, and globalization, China already has a complete industrial chain system.
China is the only country in the world with 41 major industrial categories, 207 medium categories and 666 small categories. So many categories are enough to maintain the rapid development of the domestic market, which is how Chinese manufacturing can spread all over the world.
More than that, by the end of 2024, Western traders have invested up to 123,9 million companies in China, while Western countries have $3.6 trillion in direct investment in China.
If the United States insists on freezing our assets of 3.2 trillion yuan, we can also withhold the investment of 3.6 trillion yuan in China. This difference of 400 billion US dollars is enough for Western countries to carefully consider their actions.
It is not the first time that the US has imposed sanctions on Russia, and after the outbreak of the Russian-Ukrainian war, the United States has imposed sanctions on Russia by the same means.
On the financial side, the U.S. froze most of Russia’s overseas assets, including $300 billion in foreign exchange reserves, the $300 billion guarantee for Russia’s stable market, was suddenly frozen by the U.S. and greatly impacted the Russian economic market.
Western countries banned most of their trade with Russia and restricted Russian gas exports, which led to Russia’s GDP dropping directly to $1.9 trillion in 2022, even lower than our Guangdong province’s economy.
Because Western countries have restricted Russian energy exports, while it is very effective against the Russian economy, its own citizens are not better off.
Russia, as the world’s largest gas exporter, and most of Europe’s countries are extremely dependent on Russian gas, so restrictions on Russia have significantly increased the cost of living of local citizens, causing dissatisfaction across societies.
There is no absolute winner in this sanction, and the economies of both sides have been greatly affected。
In recent years, our country's military and economy have become a world power, which once threatened the status of the United States as the hegemony of the earth. As the situation in the Taiwan Strait becomes increasingly tense, the United States wants to repeat its old tricks and try to apply the same sanctions against Russia on us.
But we are not afraid of the United States imposing sanctions on us. In terms of economy, our country has been exporting from daily things in recent years, slowly moving from toys to mobile phones. Most of the things in foreign markets are made in China.
So we don't have to make money from export trade. Can western citizens not use things made in China? I think this is one of the reasons why western countries have not done it.
Since the reform and opening up, China's economic development potential has been seen by the business elite around the world, countless foreign-invested enterprises have chosen to establish companies in China, and the total assets of foreign financial institutions in China have exceeded $7 trillion.
Compared with western countries, China's labor force is much cheaper, which also makes many production line products need to be manufactured in China to set up assembly lines. The main productivity of most western countries is in China, which leads to the fact that the world can't do without China now.
From the economic perspective alone, the United States and other Western countries have no way to deal with China. We still have two trump cards in our hands. Just letting them take a look can deter the United States and other Western countries.
The recent tension in the Taiwan Sea, the United States continues to interfere in China's internal affairs, threatening China to immediately freeze Chinese assets if we dare to carry out military operations against Taiwan.
The U.S. not only interferes in our domestic affairs, but also wants to use economic sanctions to make concessions on the Taiwan issue, but the U.S. really kicked the steel plate.
In 2023, my country officially announced the implementation of export controls on gallium and germanium, two rare metals. Once this news was released, it completely shocked the United States and even Europe.
This metal element is an important component of semiconductor materials, not only the necessary elements for chip development, but also used in radar, satellite, wireless communication, etc., we can say from our daily contact to high-tech, military and other fields are inseparable, and China's annual production of uranium accounts for 60% of the world.
The role of germanium is mainly reflected in infrared detection, and it is also essential for military medical treatment. As soon as my country issued a ban, the prices of germanium and gallium rose by 47%.
This panicked major companies in the United States and Europe. The CEO of ASML, a Dutch lithography giant company, immediately flew to Beijing to have a good chat with us.
At that time, the United States severely blocked our country in the field of lithography machines. In such an environment, the CEO of ASML ignored the warnings and threats of the U.S. government and handed over 15 DUV lithography machines to us during the Shanghai CIIE.
Today, the price of uranium has just stabilized, but compared to the pre-regulation, it has been expensive, and European and American countries can only pay a lot of money to buy.
The United States has once tried to cut China’s neck with economics and technology, and every time our country has solved these problems one by one and reversed the situation completely.
In 2018, China and the U.S. government began a long-lasting trade war, and both sides suffered severe losses, but when we were preparing for peace talks, the U.S. intensified and increased tariffs, and our country was not weak and took out another sign.
The United States added a total of 91% tariffs, which greatly affected the peaceful development of Sino-US trade. China couldn't bear it, and issued rare earth export management regulations, which made it more difficult for other countries to import rare earths from China.
The rare earth is also an irreplaceable position in terms of chips, it is called the necessity of high-end chips, this time the ban on the sale of the United States is completely stupid, after each year the U.S. side is reducing tariffs a little, trying to restore the rare earth trade with our country, it may be too late.
Our country has always implemented the policy of peaceful development, but the Taiwan issue is an internal affair of our country. The United States 'attempt to prevent China's reunification by repeatedly sanctioning our country through economic and scientific and technological sanctions will definitely encounter strong counterattack from China.
Source: Securities Times Network: The global president of ASML, the leader of lithography machines, has come to China! I met with Minister of Commerce Wang Wentao and exchanged these things
Notice No. 23 of the General Administration of Customs of the Ministry of Commerce of the year 2023 on the implementation of export controls on uranium and uranium-related objects