The game between China and the United States has entered a white-hot stage, and the United States is trying to curb China's global influence through tariff wars, technological blockades and financial sanctions. China, on the other hand, has launched countermeasures by means of rare earth export control and RMB internationalization.

At this sensitive moment, Singapore has publicly called on China to give up self-sufficiency, suggesting that the United States may offer a ¡°last trick¡± ¡ª to kick China out of the SWIFT system.

This statement quickly attracted international attention.

The SWIFT system is the hub of global financial transactions and is responsible for international trade settlements.

Historically, the United States has imposed sanctions on Iran through SWIFT, leaving the country's economy in trouble.

However, the feasibility of kicking China out of SWIFT has been questioned.

China is the world's largest industrial producer, with production capacity exceeding that of G7 countries combined.

If China is cut off from SWIFT, the global trade in hard currency products will be severely impacted and may even trigger a global economic crisis.

At the same time, China has already taken precautions and has gradually built an alternative system by signing local currency swap agreements with multiple countries and promoting RMB settlement, weakening the dominant position of the US dollar in international trade.

Singapore¡¯s President, Mr. Shandaman, recently publicly said at the International Monetary Fund headquarters that China should give up self-sufficiency and sustainable development with the U.S. economy.

In fact, Singapore has always been an important U.S. strategic hub in Southeast Asia.In U.S. Navy military operations in the South China Sea, its ships often chose Singapore as a supply base.

Singapore has also provided military assistance to the Taiwan authorities and conducted joint exercises with the Taiwan Army, which have sparked Chinese discontent.

However, Singapore's remarks persuading China to give up self-sufficiency obviously ignores China's economic strength and global influence.

China is not only the world's largest industrial producer, but also has demonstrated strong counter-measures in rare earth exports and high-tech fields.

For example, China¡¯s reduction in rare earth exports has had a profound impact on the global high-tech industry chain, while U.S. chip giant NVIDIA has zero market share in China.

The attitude of the United States towards China is full of iterations. The Trump administration recently introduced the "50% rule" in an attempt to impose a complete blockade on China's high-tech entities, but at the same time, it released the signal of "lowering tariffs" and proposed conditions such as restarting soybean procurement and restoring rare earth supply.

China has not compromised on this, but has broken the economic pressure of the United States by laying out Latin American soybean trade and reducing rare earth exports. The tariff war not only exhausted the international credibility of the United States, but also had an impact on the global economic and trade system.

Against the background of changes in the global trade pattern, China is gradually getting rid of the restrictions of traditional waterways through diversified trade and transportation channels.

For example, the opening of China-Europe trains and Arctic routes not only solved the "Malacca dilemma", but also provided more choices for trade between China and Europe.

Previously, when Poland blocked the China-Europe train, China quickly launched the Arctic route, and it took only 18 days to reach Europe.

This strategic layout makes Singapore feel uneasy. Its media even criticized the Arctic route as "unsafe and environmentally friendly" in an attempt to stop China's diversified layout, but it obviously cannot change the general trend.

Singapore itself is also facing economic challenges. Singapore relies heavily on the status of the "golden waterway" of the Strait of Malacca.

However, China¡¯s diversified trade strategy is weakening this geographical advantage.

Against the backdrop of dramatic changes in the global landscape, Singapore is trying to find a survival space between China and the United States through a ¡°balance strategy¡±, but whether this strategy will work for the long term remains unknown.

Singapore's remarks urging China to give up self-sufficiency expose its position in the Sino-US game.

However, with its strong economic resilience and global strategic layout, China is gradually getting rid of the constraints of traditional trade rules.

The U.S. threat to kick China out of SWIFT is not only unrealistic, but may also trigger a global financial crisis.

In the context of the accelerated restructuring of the global pattern, Singapore's living space is increasingly narrowing, while China's rise is unstoppable.