According to the global network on April 23, it was reported that the United States is reportedly drafting sanctions that may cut off some Chinese banks from the global financial system, hoping that this move will prevent China's support for Russian military production.
Many media have reported the news one after another, which has aroused great attention and heated discussions among netizens.
Compared with the comment section of other platforms, Toutiao's comments are still much more positive. As soon as the news that the United States was about to cut off the connection between some Chinese banks and the global financial system came out, there were all kinds of whines and lamentations on a certain Big Eye platform, and there were even many big Vs who accused that the country should not have economic and trade exchanges with Russia, which was also a big surprise. In contrast, Toutiao's comments are more objective and fair, and they are more representative of public opinion.
There are headline netizens commenting: This helps with de-dollarization. When everyone discovers that you can buy any commodity without using dollars, the end of the dollar has arrived.
As netizens said, with the current volume, if China is really cut off from the global financial system, the negative impact on the US dollar will also be huge. After excluding China, Russia, and other countries from the global financial system, what will European and American countries rely on to buy cheap resources and rely on them to maintain the prices of daily necessities and industrial supplies? Once the dollar is out of touch with the prices of goods, it will also become a piece of waste paper.
Some netizens said: China must have made a plan.
I would like to say that our country has been doing these things for so many years. According to the data, in March this year, the proportion of RMB transactions in the Society for Worldwide Interbank Financial Telecommunication (SWIFT) was 4.69%, while the euro and the pound accounted for 21.93% and 6.57% respectively. Based on the mainland's current volume and foreign trade, the data of RMB accounting for 4.69% is obviously not in line with the actual situation.
This is because we also have our own payment system: the China International Payment System (CIPS). CIPS and SWIFT are two different systems, CIPS payment will not necessarily go through SWIFT, such as many transactions between the mainland and countries such as Russia and Iran, there is a high probability that they will not go through SWIFT, so that there is such a data as RMB accounting for 4.69%.
Just like what netizens said, what should come will always come, in fact, our country has been preparing for a rainy day. As early as 2012, the mainland established the RMB Cross-border Payment System (CIPS), and by 2019, CIPS processing business had reached 1.88 million, with a business amount of 34 trillion yuan.
The demand for RMB cross-border payment and settlement will continue to grow, and the demand will not begin to decrease because of some US sanctions. The modern payment system that takes into account the domestic payment and international payment has been improving, and our people are helping the country by obeying the command and not adding to the chaos!
The Chinese people are full of confidence in the future of the country and individuals, and they were not afraid in 1950, and they are not afraid of the United States now!
Believe in the country, come on China!