In recent times, the United States has frequently cracked down on China, but things went against its expectations. Not only did it not gain any benefits because of provoking our country, it further allowed the world to see the essence of the selfish arrogance of the United States. But even so, the United States still refused to give up, and this did not make another harsh move on China.
US Federal Communications Commission also prohibits the approval of new telecommunications equipment produced in the United States using Chinese Huawei technology and ZTE on the grounds of national security. Without device authorization, these companies will not be able to sell new equipment in the United States. At present, the FCC Chairman has sent the draft ban to the other three committee members.
FCC This institution has been targeting Chinese companies for a long time, especially for high-tech telecommunications companies such as Huawei, ZTE, and Hikvision . The United States is doing everything it can to try to exclude these Chinese companies from the market, and even trying to pressure allies to make the same choice. However, several facts have proved that the cooperation between Chinese companies and other countries does not involve national security issues. The United States' remarks that distort black and white smear China are neither beneficial to China nor the United States.
Unexpectedly, before China could counterattack, the Biden administration received bad news first. According to Russian media reports, in addition to Russia, India and other countries, some ASEAN countries are also accelerating the pace of "de-dollarization". Indonesian Central Bank official Joko Widodo recently said that Indonesian plans to reduce US dollar settlement and accelerate the promotion of local currency swap mechanism with China and other countries. Indonesia has its own reasons for doing this. Data shows that Indonesia's exports to the United States only account for 10% of the country's total exports, while 90% of the country's foreign trade uses the US dollar. Obviously, this is not in Indonesia's interests. It is very unreasonable for two countries to do business but settle in the currency of the third country and allow middlemen to earn commissions.
Only by adjusting can one prevent its own interests from being eroded by the US dollar. Indonesia's move not only promotes trade with other countries, but also opposes the United States' use of the US dollar to harvest other countries and the use of the international currency status of the US dollar to implement " long-arm jurisdiction " for other countries. This is also the thing that the United States is most worried about. One of the important reasons why the United States uses the Russian-Ukrainian conflict to make a big fuss and encourages EU to jointly impose sanctions on Russia and demands that the EU cut off energy ties with Russia. One of the important reasons is to maintain the hegemony of the US dollar. You should know that ASEAN is currently one of the most active economies in the world, and Indonesia is the country with the largest total amount of GDP in ASEAN. As ASEAN countries such as Indonesia gradually reduce US dollar settlements, it will inevitably have a significant impact on the US dollar's international currency status and may even shake the US's position as the world hegemon.
will be returned sooner or later. The facts have proved once again that the hegemony of the United States is unpopular. Now more and more countries have begun to see the reality clearly and choose to keep a distance from the United States. Therefore, we advise the United States to give up its obsession with suppression and containment as soon as possible, otherwise it will become the target of public criticism sooner or later. By then, the United States will not be far from recession. (Shanshan)
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