The final lethal move has ultimately arrived. Yellen's visit to China has just concluded, and Blinken's visit to China has not yet been confirmed, yet the United States has once again resorted to a lethal move against China. First, Fitch downgraded China's rating, and now it has further downgraded the ratings of six major banks and 27 subsidiaries of state-owned enterprises to negative. At the same time, it has also been shorting the Chinese yuan in the foreign exchange market. Is the United States determined to fight to the death? Is the United States not going to rest until it drags China down with it? The Sino-American financial war has reached its most dangerous moment.

The Sino-American financial war has begun

The United States has taken action, willing to sacrifice itself in order to explode China. It has even launched a concentrated attack on China, successively besieging the Chinese economy, and now it is not leaving any means to attack China's main enterprises.

As the United States' interest rate cut in June gradually falls through, Powell also stood up and stated that the interest rate cut in the United States may not come as quickly as expected, which means that the Federal Reserve is going to turn again.

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At the same time as Powell's turn, Wall Street has also stepped up its siege against China. That is, Fitch, after about a week, once again took action against China, and this time it aimed at our banks and state-owned enterprises.

The credit ratings of Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, and Postal Savings Bank of China have all been downgraded. At the same time, in addition to the six major banks, it has also adjusted the ratings of 37 state-owned enterprises and their subsidiaries to negative. This includes China State Grid, PetroChina, and Three Gorges Group.

In addition to state-owned enterprises, this also includes our leading private enterprises such as Alibaba and Tencent. It can be said that the United States is not leaving us any room or retreat, and wants to catch us all in one net.

Some people may say that as a global rating agency, Fitch downgraded Chinese enterprises and China because of their judgment on future economic development and made the decision.Contrary to the Bank of China, however, JPMorgan Chase and Bank of America in the United States have not faced downgrades. At the same time, we must recognize that in the first quarter, our economy's year-over-year growth reached 5.3%, which can be said to have exceeded the expectations of most institutions.

Moreover, our six major banks are much healthier compared to American banks. It is important to note that last year, the Federal Reserve, acting as the world's central bank, already incurred a loss of around 80 billion dollars, and this year, not only does the loss continue, but it has also intensified.

In JPMorgan Chase's first-quarter financial report, it was revealed that its interest income fell short of expectations, with profits reaching 13.4 billion dollars. We must understand that a significant portion of JPMorgan Chase's profits actually come from the acquisition of First Republic Bank last year.

Apart from JPMorgan Chase, Wells Fargo is even more straightforward; its first-quarter revenue only increased by 0.65% compared to last year, and profits decreased by 7.5% year-over-year. It can be said that the crisis in American banks is much more severe than ours.

Yet, Fitch Ratings downgraded our six major banks, which is a clear indication that the United States is about to take action against us. It is common knowledge that Fitch's role is to act as a guiding light for financial harvesting, and with two consecutive moves in less than half a month, it can be said that the United States can no longer wait.

While Fitch lowered China's credit rating, the United States also cooperated with the Federal Reserve in the foreign exchange market to take action against us. The Chinese yuan exchange rate once fell to around 7.28. It can be said that the United States' harvesting butcher's knife has already fallen.

And the first blow was struck at our core. Because everyone knows that finance is the mother of all industries; if banks are in danger, all industries are in danger. The Southeast Asian crisis of the past was initiated by the three major American rating agencies, which downgraded ratings, causing financial panic, while Wall Street capital fanned the flames, eventually shorting assets and exchange rates, leading to a triple kill in stocks, bonds, and foreign exchange. The final result was that the United States harvested all hope and past wealth.

Moreover, while the United States downgraded our rating, we can also see that the United States is intensifying its provocations in the surrounding situation, and there is only one purpose for this, which is to make all investors lose confidence in our economy, thereby creating panic and a stampede-like exodus.

We can see the Japanese yen at a new low, the South Korean won breaking through 1,400 points, and the Vietnamese dong reaching a historical low, and all of this points to one thing, which is that the United States' harvesting has begun.China's Strong Counterattack

The best defense is a good offense. Moreover, the essence of financial warfare is more of a contest of public opinion. It's either the west wind overpowering the east wind or the east wind overpowering the west wind. Since the United States has already unsheathed its sword, we must respond resolutely.

In today's global context, there is no doubt that the United States' financial hegemony is crushing any other country. However, the financial hegemony of the United States is not without weaknesses. That is, even the landlord's family has run out of surplus grain.

We observe that JPMorgan Chase is not meeting expectations, Wells Fargo has experienced a significant decline, and banks like New York Community Bank have essentially had a meltdown. In other words, the small and medium-sized banks in the United States are actually more dangerous.

Now, the United States is becoming more aggressive in its efforts to reap profits, but this is just a facade. They want to use their last bit of strength to bring us down. For us, the economy is not a significant issue, as can be seen from the economic data of the first quarter. Time is on our side.

If the United States wants to use public opinion to short-sell and bring us down, we need to guide strongly in this area. For example, the introduction of our country's nine major policies and the support of various economic policies, of course, the more important point is to enhance the confidence of the people.

Because we know that confidence is more important than gold. Every financial crisis that erupts indeed has the promotion of foreign capital and Wall Street, but it is more like a people's war. It's just that Wall Street and the United States triggered it.

So if we want to ensure that our asset prices do not fall, we must ensure that people's confidence in the future is more abundant. At the same time, we must severely crack down on those capital forces that are colluding internally and externally. As long as we do these things, the United States' desire to devour us is overreaching.

Moreover, compared to others, time is completely on our side. Because whether it is the United States' $34.5 trillion debt scale or the rapidly increasing interest on U.S. Treasury bonds, coupled with the fact that the United States' historical interest rate hiking cycle is maintained at around 23 months, and this time it has clearly exceeded the average.

That is to say, the United States has gradually reached the end of its strength. At the same time, the most important point is that although the United States has good data in various aspects, the United States' annual fiscal deficit of nearly $1.6 trillion has resulted in a sharp decrease in U.S. fiscal revenue by about $900 billion. That is to say, the United States' investment is losing money, and the real situation of the U.S. economy should be in recession.So, it seems that the US economy is doing well and the harvest is inevitable, but in fact, it's just a smokescreen. As long as we withstand the first wave, the US will gradually collapse on its own. We should remain unchanged to deal with all changes, and of course, we should pay more attention to the US's public opinion attacks, after all, the US's long-range breeding technology is unparalleled in the world.