The era of the old Communist Party trying to rely on Wall Street gold masters to package Chinese companies to go public and supposedly use ADRs to suck up money in the US is over.
This message means that the U.S.-China economic decoupling is accelerating, thanks of course to Trump’s plan to weaken the Chinese Communist Party’s economy before he stepped down last year, and now, “Trump rules and worships”, the big pattern of U.S.-China hegemony, forcing Biden, who belongs to the Washington establishment faction, to also harden up, because, Xi Jinping is aggressive and thinks Biden is more pro-China. Should change Trump’s toughness, continue to return to the old path of U.S.-China cooperation, so that the Chinese Communist Party to suck the blood of the U.S. economy and technology, and suck well suck full, it is clear that Biden is not stupid, U.S.-China cooperation is the end of the United States, decoupling to save the United States.
Xi Jinping apparently forgot that whether the United States is pro-China or pro-Taiwan, the United States is still ultimately pro-US as the main axis, today’s world situation has evolved to the United States can not live, and even the United States has become the second, the United States does not fight back against the Chinese Communist Party is the end of the United States itself dead and buried, and the world of struggle with the old Communist Party there is no win-win.
Chinese stocks were killed by snipers
In fact, the biggest factor was the sniping of Chinese stocks in New York. Like the butterfly effect, the message spread to the Shanghai, Shenzhen and Hong Kong stock markets, and then expanded to the Wall Street investment banks holding the most Chinese stocks, JP Morgan, Morgan Stanley, as well as Credit Suisse and Nomura Securities, which were also affected, each of them The losses are looking up to tens of billions, with huge losses.
The effect of this wave of sniping Chinese stocks, ostensibly triggered by the Xinjiang human rights blood cotton incident, in fact, the real behind is that the U.S. and China began to grab the U.S. dollar, the Biden administration came to power, has shouted out the U.S. infrastructure plans, scheduled to invest four trillion dollars, to re-create the United States, the U.S. public construction has been old, this is true, but the U.S. economy is too slow to recover in the past few years, the Wuhan plague and seriously injured, new However, the U.S. economy has been too slow to recover in the past few years, the Wuhan plague has been seriously injured, new construction has been delayed, and now Biden wants to rebuild it. What’s worse is that Chinese companies, which are described as “red dragons”, are not in good shape, but they can actually pass the review and get listed in the U.S. by taking advantage of the accounting review loophole. Trump has seen the seriousness of the problem, if we do not cut off the vampire practices of the Chinese Communist Party to the United States, the United States will not only not be great, but also increasingly weak. So, last year, the Foreign Company Accountability Act was passed by the House and Senate, and Trump immediately signed it into law.
On March 26 this year, the U.S. Senate amended some of the provisions of the Act, applying the U.S. Securities and Exchange Act of 1938, the most important of which is that foreign companies listed in the United States, must be subject to U.S. accounting review, and there must be no government control from the fact that this is the fatal wound of all Chinese stocks, this amendment is, of course, for China, which came, including Alibaba, Baidu, Tencent This amendment, of course, is aimed at China, this came, including Alibaba, Baidu, Tencent, more than 200 companies, down almost more than 30%, holding Chinese shares of Wall Street gold masters and foreign investors, more woe, Taiwan shares are only a small shock, not affected.
Wall Street gold masters choose sides
On March 31, news from Reuters said that “an investment group claiming to have a religious and moral orientation has urged all investors not to invest in companies with a record of human rights persecution,” an announcement that also implies that the era of the Chinese Communist Party wanting to continue playing vampire from the old US is over.
Since the U.S. and China are ready to decouple economically, it makes sense that the Chinese Communist Party would take its anger out on Tesla in retaliation. The Communist Party has accused Tesla of internal surveillance of electric vehicles, and even if Tesla lowers its posture, I’m afraid it will be hard to escape the fate of sanctions. .
All this is the Chinese Communist Party’s own sins, the establishment of Communist Party organizations in enterprises, serious political interference in economic activities, on this article, all Chinese stocks must be rolled up, back to Hong Kong listing, Chinese companies can only suck Chinese blood, can no longer be parasitic on the United States.
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