1）
First, let’s talk about the Indian manipulation at the Zhuhai Airshow, which left us confused.
On the 12th, India announced that it would also participate in the exhibition and decided to send its domestically produced Brilliance fighter jets to make a name for itself, following the example of Russia and calling on a top pilot to ride alone for thousands of miles.
I never expected that the fighter jet would take off smoothly from the Kolkata military airport.
Half an hour later, the pilot reported getting lost and said he didn’t know where to fly. He had been flying on the sea all along, but it was strange that there was a sea from India to Zhuhai.
After flying for a while, I finally saw land and found an airport to land. When I asked if it was Somalia and if it was too late to run, it made the slipper army nervous.
Later, the Indian military explained that the plane had made a navigation error and was supposed to fly east, but ended up flying west instead. No wonder it kept flying over the sea.
When it comes to the issue of US dollar bonds, how could we talk about Indian manipulation first? Because at the end of the article, we still need to talk about the Zhuhai Airshow.

2）
On the 20th day, I explained clearly the process of China’s issuance of US dollar bonds in Saudi Arabia. In the article “Preventing Old Teutors from Coming, China Decides to Use” Magic to Defeat Magic “, I saw a post written by an American today. It was released on the 21st, and most of the content was the same as what I said.

What’s different is the stance. Additionally, some readers have left comments saying, ‘Isn’t the Chinese yuan fragrant? Why would you go to other countries to issue US dollar bonds? What’s the point of borrowing so many US dollar bonds?’?
To be honest, $2 billion is a lot of money for many countries, but for China, it’s just a drizzle.
The meaning of a drunken man is not in wine, are we the country that lacks 2 billion? This is a test of the hegemony of the US dollar and a “warning” to Donald Trump.
The purpose of borrowing money is to frighten Americans.
We often say that rabbits have a dark belly and are so fierce that they even fear themselves.
The game between China and the United States has not yet reached a point of tearing apart, but it is almost done. They are testing each other’s bottom line and seeing who cries out for pain first.
In this game, China will take the lead.
On the surface, it doesn’t seem like a big deal. We borrowed 2 billion yuan from foreign countries, but this has touched the bottom line of the United States. In the past, who dared to issue US bonds with the country’s credit to borrow money? Isn’t this too much trouble? The US aircraft carrier formation immediately drove to the other party’s doorstep.
Back then, Saddam Hussein said that he would switch from dollars to euros, and the Americans came to Iraq with washing powder. So, the hegemony of the US dollar is like a tiger’s butt, whoever touches it will be finished.
What about now? China has actually borrowed $2 billion from the world without any collateral, and only gave a voucher, resulting in over 20 times the subscription intention. It’s crazy! Although the home ground is in Saudi Arabia, Saudi Arabia has only managed to grab 8%, which is only 160 million US dollars. Those who don’t know may think that the Middle East is also lacking in US dollars.
This wave of operations has stunned Americans, not to mention driving the aircraft carrier to scare us, even without a protest.
China lacks everything, except for the US dollar. In 2023, China’s trade surplus is 823.2 billion yuan, and optimistically speaking, it is not a big problem to break through the trillion dollar mark this year.
Having too many US dollars is not necessarily a good thing. In order to spend them, people want to go crazy.
Are you feeling so annoyed and still borrowing 2 billion? Don’t you think you’re not bored enough?
The only thing that makes sense is the purpose behind borrowing money.

3）
Let’s talk about Saudi Arabia first.
It can’t be said to be obedient, but as long as China speaks up, 99% of Saudi Arabia will agree as soon as possible.
If China really lacks money, it can just borrow directly from Saudi Arabia, how much effort will it put into issuing sovereign bonds?
Saudi Arabia is also one of the few countries in the world with a trade surplus, earning a net profit of $120 billion annually. How much money can be spent on food, drink, and entertainment?
Besides buying American weapons and equipment, the wealthy can only buy US bonds and stocks for asset allocation, searching the world for a sense of security.
On the contrary, the whole Middle East tycoon was kidnapped by the US dollar hegemony in this way, so that Joe Biden could only bear to abuse them as “untouchables”.
At this moment, China walked over and said, ‘Camel, could you lend me your living room to hold a tea party? I’ll try shaking people and see if I can borrow US dollars.’.
As soon as it was released, 68% of the 2 billion second flash was snatched by Asian countries. Saudi Arabia was stunned and thought it was a safety net, but after a while of stunned effort, it almost missed out on 8%.
The United States has seized 4%, and there are still 40 billion in the queue to compete!

It is feasible to issue 20 billion, 200 billion, or even borrow 2 trillion US dollars in the future, and this is credit!
This incident has given Saudi Arabia a major lesson: in addition to buying US bonds, they can also buy Chinese sovereign bonds issued in US dollars and receive the same interest rate.
It’s like having an extra choice, not only Saudi Arabia, but also all countries with trade surpluses think the same way.

Because everyone is facing the same problem, which is the trade surplus, that is, what should we do with so much net profit in US dollars?
Now is the opportunity, given China’s great power demeanor and strength, everyone is willing to lend money to China, which is equivalent to an opportunity for asset allocation. We are not afraid of China’s default, nor are we worried that China will threaten trade surplus countries.
For China, we can absorb the surplus US dollars in the world and use them in China. This is no longer the “patent” of the United States. As the saying goes, “The hegemony of the US dollar continues to run rampant, but China wants to take half.
Maybe even more than half.

4）
The the Belt and Road Initiative is a big game. 152 countries have joined the the Belt and Road Initiative.
Whether it is a trade surplus or a trade deficit country, everyone needs the US dollar to develop their economy, and the total amount is enormous.

It is just a good place to digest the US dollar. China can digest the US dollar accumulated by its trade surplus in the form of debt in the the Belt and Road countries. If it is not enough, it can be supplemented by issuing US dollar bonds.
For a long time, many countries have borrowed money from the United States for consumption. The United States is the world’s largest bondholder and debtor because the world’s hegemon can issue US bonds to borrow money.
One hand can borrow money, and the other hand can also borrow money.
Now it’s easy to handle. China lends US dollars to debtor countries to invest in their mines, infrastructure, and enterprises. After receiving the payment from China, they first go to repay the debts owed to the United States and Western countries, which is equivalent to transferring the debt to China.
How can we repay the money we borrowed?
Both parties agreed in advance that they do not need to repay the debt in US dollars, but only in Chinese yuan.
By doing so, many trade surplus countries will actively hoard RMB as a reserve currency to anchor their own currency exchange rates.
However, there are many countries that cannot produce both US dollars and Chinese yuan. Isn’t China a scapegoat? It’s not a big problem. If you don’t have money, you can use agricultural and mineral products to repay the debt. Any resource that China needs can be used to offset the debt.
When you pay off the equivalent debt of the US dollars owed to me, it doesn’t mean that everyone will stop communicating after the debt is paid off. Business still needs to be done as usual. I believe many countries will take the initiative to say, ‘If I sell you grain, ore, and wood, you can pay me in Chinese yuan. I don’t want US dollars anymore, I want to save more Chinese yuan so that I can buy Chinese industrial products.’.
What else will Americans do here?
The US debt and US dollar debt were replaced with RMB foreign debt, helping countries get rid of the US dollar debt trap and preserve their core assets.

As for China, it has digested the US dollar inventory, defused the debt crisis of various countries, expanded the internationalization of RMB, and gained resources, which has strengthened the bilateral relations of the Belt and Road countries. Which country will drink the northwest wind and shout freedom and democracy with the United States?
Most importantly, China is accelerating the process of regaining pricing power!
Isn’t it just ‘de dollarization’ when everything flows smoothly?!
The United States will continue to print US dollars indiscriminately, but it is not necessarily the United States that controls the flow of US dollars anymore. China will be more responsible for managing the direction of US dollars in the future. You can imagine how crazy American politicians are.

How can the Donald Trump government solve the problem of “civet changing for prince”, which is closely linked with the public plan?
Do you want to have a fight and kill the panda?
But after watching the Zhuhai Airshow, American politicians fell silent, and the US military also fell silent.