This afternoon, US Secretary of State Antony Blinken's special plane arrived in Shanghai, the first stop of his visit to China, and Blinken is currently staying at the Peace Hotel in Shanghai. According to reports, before Blinken's visit to China, the United States was drafting a sanction to cut off some Chinese banks from the global financial system, that is, kicking out the SWIFT international currency settlement system. It's okay not to kick it out, but the condition is that some companies stop exporting chips, machine tools, batteries, engines and other products to Russia that could be used for military purposes.
SWIFT is currently the world's safest, most convenient and most important cross-border payment and settlement system, which is a global financial settlement system. Iran and Russia, on the other hand, are only engaged in a small circle. At present, more than 11,000 banks and other financial institutions in most countries and regions in the world are connected to SWIFT. Once you are kicked out of SWIFT, then it is equivalent to a gameover with the dollar, euro, pound sterling, etc. Kicking out SWIFT is called a "financial nuclear bomb", and the power is huge.
There are 25 members of the board of directors of the SWFIT settlement system, 2 members from the United States, 1 member from China, most of them are from Europe, as many as 17, 1 from Singapore, 1 from Japan, 1 from Russia, and 20 members are from the United States and its allies. The current center of the world is still in Europe.
The power of the "financial nuclear bomb", Iran and Russia are clear to their mouths, and this nuclear bomb will be smashed on their heads. Although Russia is the hardest, and the more sanctions Russia sanctions, the richer it becomes, but they know in their hearts how sour it is.
As I said earlier, if these enterprises no longer supply Russian machine tools, export chips, batteries, engines and other products that may be used for military purposes. will not be kicked out of SWIFT. Then these companies will most likely fall off the donkey, not that we don't provide it, we can't give up the entire forest for the sake of a tree. In fact, these companies are providing these products to Russia, and the United States and the West have long been very clear that the reason why they have not taken any measures is to give Russia a blood transfusion, otherwise it will not be fun.
Now that the military aid from the United States has arrived, and the military aid from the United Kingdom has also arrived, and now I want to end the Russian-Ukrainian war, this drama is almost over, and it is time to end. Blinken is probably here to discuss this matter.