Recently, a major event has exploded in the international circle: someone in the United States said that they should just kick our country out of SWIFT. To put it bluntly, they want to kick us out of the door of the global financial system.
When these words came out, many people were thinking: Is this the last card played by the United States? The question comes. If we really kick, are we afraid? Does the United States dare to take action? This is not easy, we have to start from the beginning.
With this rare card, our country finally started to seriously beat.
A department of the U.S. Department of Commerce called the "Office of Industry and Security" suddenly issued a new regulation, specifically looking at some high-tech companies in our country.
It is said to check the stock structure, the result is obvious: as long as the company a little bit touched the side of our capital, you must be looked at. This way, like Zhou Tai Technology, the Anxiety semiconductor is directly named, can be included in their "black list" at any time.
In the first glance, we know that the United States is continuing to stumble against the semiconductor industry of our country. On the surface, it is national security, and the back of the ground is still trying to catch our chip neck. This is not the first time, from Huawei to the core international, the route is almost the same.
But this time, our country is silent. On October 9th, the Ministry of Industry and Information Technology directly threw a big move and announced the "Rules for Determining Rare Earth Content". It sounds like a technical document, but it's actually quite lethal.
This new regulation puts the standard of rare-earth products accurate to 0.1% content, that is, as long as you use a little bit of rare-earth materials, you have to meet the export standards of our country.
This trick wasn't just come up with a casual slap on the head. You may not know that 90% of the rare earths used in high-end manufacturing around the world come from our country. Especially for heavy rare earths such as dysprosium and terbium, the control rate is close to 100%. These materials are used in radars, missiles, fighter jets, electric vehicles, wind power equipment... Almost all high-tech and cutting-edge things are inseparable.
Looking at this, our country this time is really putting the "bottom card" on the table.You Americans don't want to hit my chip? then I hit your raw materials. you hit my neck, I block your heart.
More importantly, this is not a single action. On the second day after the release of the new rare earth regulations, China included 14 American companies in the "list of unreliable entities", including some technology giants. On October 10, an antitrust investigation into Qualcomm's merger and acquisition was also launched. Isn't this rhythm the rhythm of precise counterattack?
To be honest, this is a prepared "combination kick". not as before passive response, this time we are obviously actively out of attack, and can even be said to be "pre-emptive".
Can America's "financial nuclear bomb" really be thrown out?
Just after our country started, the United States began to figure out new routines. Some politicians began to come up with the "financial killer" at the bottom of the box-the SWIFT system.
SWIFT, many may not have heard of it, but it is indeed the hardest "central nervous system" in the global financial circle.Simply put, the world's cross-border payments, bank-to-bank settlements, almost can not bypass SWIFT.
Therefore, some people say that if our country is really kicked out of SWIFT, it will be equivalent to cutting off our financial connections with the world. This does sound scary. But is it really that easy? We need to look at reality first.
In 2025, the RMB will account for more than 6% of global payments, three times that before the Russia-Ukraine conflict. Our own cross-border payment system (CIPS) has also covered more than 200 countries and regions around the world, with a daily processing amount of trillions. This shows that we are no longer "unprepared".
Moreover, in the past two years, countries such as Saudi Arabia, United Arab Emirates, Brazil, and Russia have been trying to use RMB to settle for oil and minerals. This means that more and more countries no longer want to rely entirely on the US dollar and SWIFT.If the United States really dares to kick, then we will put our own system on the international stage. If you don't let me in your house, I'll build my own supermarket and welcome other neighbors to come.
More realistically, the U.S. should really do this, and it must lose its own skin.We are the world's largest manufacturer, the world's largest exporter, or the largest trading partner of more than 70 countries.If you really kick us out of SWIFT, then these countries' business is also behind. The global industrial chain is like a large network, where can it be broken?
There is one more thing that the United States knows best: my country still has US$1.2 trillion in U.S. debt in its hands. If we really push ourselves and start selling these bonds, the dollar system itself will have to tremble. Therefore, although the United States talks fiercely, if it really wants to take action, it must consider it-this "financial nuclear bomb" may be injured first.
One hand technical blockade, one hand material counter-production, China-US this game is getting deeper and deeper.
In fact, this "you come and I go" competition between us and the United States is no longer just a trade war. It is not entirely true to say that it is a scientific and technological war. It has now evolved into a comprehensive tug of war between the industrial chain and the monetary system.
The United States does not want us to rise, especially in high-tech. Their calculation is very clear: as long as we cannot make chips and lack core technology, we will have to be controlled by others for a long time. But it's not like we haven't grown up in the past few years. From chip packaging and equipment autonomy to rare earth, lithium batteries, and materials science, we are making up for shortcomings while beginning to "choke others".
It's like playing Go. The United States wants to close our eyes, but we will turn around and block its intersection. The financial system may seem to be the home court of the United States, but we are also quietly paving the way. CIPS, digital RMB, and a package of financial cooperation under the BRICS mechanism are actually laying the foundation for de-dollarization.
In the past two years, we and some of our partners in the Middle East, South America, and Africa have increasingly settled in their own currency. It is not that we have to "build another oven", but that the United States is fighting a financial war and wanting to continue to be the world bankers, this logic itself cannot stand.
This is not gambling, but the beginning of re-establishing the rules.
After all, does the United States dare to really kick my country out of SWIFT? Technically it is possible, politically difficult, and even more difficult in reality. And my country is not blindly giving in. The rare earth card, the backup plan for the financial system, and the proactive attack on key materials are all telling the world: we are not trying to engage in confrontation, but we will never be pushed around.
The game is not as simple as who wins and who loses, but rather a new international order is shaping.We don't expect others to make way for us, nor are we intimidated by threats. Relying on the confidence of the industrial chain and the resilience of finance, we are taking the initiative in our own hands step by step.
Nowadays, the world is no longer alone, but everyone has to sit down and talk about the rules.Who has the key resources, who has real manufacturing capabilities, who can stabilize the financial environment, who can take a place in the future speech.
reference
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