Why did China lose and fight repeatedly in the Sino-US financial war? The forum has been discussing the financial war these two days. Many netizens said that they don't know much about financial knowledge, so they don't know right or wrong. The author tries to use the simplest and most concise brushstrokes to let patriots know the current situation of the Sino-US financial war. The author believes that in the current international financial battlefield, China is on the offensive, not the other way around. Americans are on the defensive. China is recognized as a superpower in the world after the United States in politics, diplomacy, science and technology, and military affairs (of course, we don't admit that it is a peaceful rise and a harmonious world), and its economy is also very strong in real productivity, ranking first in the world in N items such as steel. Unfortunately, as the main embodiment of economic strength, China's financial strength ranks lower in the world economy. For example, RMB is still subject to foreign exchange control and cannot be freely converted into gold and other countries' currencies. The renminbi is not a hard currency, but a major shortcoming of comprehensive national strength. However, it is precisely because of China's strong productivity in politics, diplomacy, science and technology, military affairs, physical objects, etc. that China's financial power will inevitably rise rapidly and form a balance with China's other strengths, becoming a world-recognized super financial power second only to the United States. Of course, this rise in power level will inevitably carve up some of the existing financial power in the United States. This is the basic factor that determines that China is in an offensive position and the United States is in a defensive position in the current international financial battlefield. Paper money is an invention of China people. The way to improve China's status as a financial power in the world economy is clear to China people by reading high school history books: the key is that China must master and control an international banking system with global network coverage. Just like China's paper money, it appeared after the formation of the banking network covering the north and south of the great river in ancient China. There is a simple reason. The liquidity of paper money depends on the quality of network service behind it, so it is easy to use. If you can see several banks in China in every city in the world, the RMB will naturally become hard currency. After mastering and controlling an international banking system with global network coverage, China can make RMB a hard currency, partially control the world capital flow, and set various parameters in the financial market, thus controlling the actual production enterprises. Therefore, banks in China are expanding China's international banking system through reorganization, listing, cooperation, merger and introduction of strategic investors. To put it bluntly, to win the financial war between China and the United States, we must first seize territory, occupy hills and dig trenches all over the world. More importantly, after mastering and controlling an international banking system with a worldwide network, China can better repel the attacks of international "hot money" and "hot money" on China's stock market, foreign exchange market, futures market and other financial markets. The reason is also very simple: first, China's network covers the global international banking system, which can protect China's foreign trade and overseas Chinese businessmen from the impact of domestic financial market turmoil; Secondly, we can detect the trend of international "hot money" and "hot money" in advance; Third, we can mobilize world resources, not just domestic resources, to fight against international "hot money" and "hot money"; Fourth, we can copy the international "hot money" and "hot money" and attack in the international market. Huntington listed 14 strategic points for western civilization to control the world in his book Clash of Civilizations and Reconstruction of World Order, the first of which was "controlling the international banking system". Obviously, Americans are well aware that interfering with and interrupting the expansion of China's international banking system or gaining partial control over the expanding China's international banking system is the key to the current financial war between China and the United States. Ok, the basic introduction is over, and everyone will have many questions to ask. Let's start with what everyone cares about most. The record is great and the result is remarkable. At present, most of China's international banking system is confined to Hongkong, and it is impossible to go abroad. The assets of a few overseas banks' branches in China are only a fraction of the total assets of banks. There are several ways for the United States to intercept: first, say that your bank does not meet international standards. In order to cope with this situation, several big banks in China have been reorganized and listed overseas and in Hongkong. When they were listed in line with international standards, the United States also said that China's supervision of banks was weak and administrative intervention. China retorted that China's supervision of banks is so poor, so why did your American banks break their heads and enter China? Americans have nothing to say, but they still roll their eyes: I know martial arts, and no one can stop him! Agricultural Bank of China and Industrial and Commercial Bank of China have applied for opening branches in the United States for more than ten years, but the United States has not approved them so far. As for Europe and Japan, they have followed suit, creating troubles for banks in China. Of course, they are not as cross as the United States, but they have opened a branch in China. Still has a great record and remarkable achievements. First of all, the United States took advantage of the reorganization of several big banks and, with the assistance of XP in China, invested in banks in China on a large scale. For example, Bank of America invested $2.5 billion in China Construction Bank; Goldman Sachs Group and Allianz Insurance invested $3 billion to buy a 0/0% stake in Industrial and Commercial Bank of China. Moreover, compared with banks in China, they can't grab territory, occupy hills and dig trenches in the United States, but American banks can grab territory and occupy hills in China under the banner of WTO. These things are very clear to netizens, so I won't say more. Obviously, in the current financial war between China and the United States, China suffered a crushing defeat and the United States won a total victory. I think the main lessons of China's defeat are as follows: 1. There are major strategic mistakes, and the international financial strategy does not match the national diplomatic strategy. Netizens can know that most of China's overseas bank branches are concentrated in a few developed countries, such as Europe, America and Japan, and there are almost no branches in Africa, Central Asia, the Middle East and South America. Obviously, China's international financial strategy is "great power diplomacy" rather than "harmonious world". What is particularly ridiculous is that there are so many petrodollars in the Middle East, and the trade with China is developing rapidly. The local government and Chinese businessmen warmly welcome the branches of overseas banks in China, but the banks in China can't kill them. The author thinks that China needs the help of friends from the third world, who can not only lift China into a permanent member of the United Nations, but also lift China to the throne of the world financial battlefield. This point, please China financiers who are ambitious to ponder. We don't have the courage to fight against America and win, and we just give in. 3, can't rely on the power of the people. First of all, although American banks have occupied territory in China and look extremely arrogant, they still want to get out of China whenever I get angry. Secondly, there are nearly 1 100 million overseas China people. Cultivate young financial talents of overseas Chinese, foster small and medium-sized financial enterprises of overseas Chinese, give full play to their strength in the international financial sector, unite as one, go deep behind enemy lines, save the country and win the financial war between China and the United States in China!