Thought Subverts Everything | The US Suddenly Cancels Hong Kong Economic and Trade Office in the US

Yesterday’s heavy news, the United States suddenly canceled the Hong Kong Economic and Trade Office in the United States. Many people don’t know what it means after the cancellation? Let me tell you, it means that the fishing village has lost all special treatment. Specifically, the solutions are: first, the independent tariff treatment is gone, exports and entrepot trade are abolished; second, technology is abandoned, and the purchase and introduction of technology are gone; third, the linked exchange rate is gone, and the free exchange between Hong Kong dollar and US dollar is gone, and the Hong Kong dollar is abolished.

You should know that the fishing village is not only one of the world’s three major financial centers, but also the ceiling of the world’s free ports, and also the bridge and bond connecting the mainland and the world. For a hundred years since its establishment, it has been playing this role. Even in the era of closing the country, this window has not been closed. Since the reform and opening up, most of the foreign capital and technology introduced by the mainland have poured in through the fishing village.

Now, the global financial center has become a financial ruin, the free port has become a frozen port, and the metropolis has become a new rural area. And this ruthless move by the Americans has completely cut off the lifeline of the fishing village! There is reason to worry that in the future, Hong Kong will become a fishing village in the true sense! It’s time for the country to enjoy the benefits brought about by the earth-shaking changes in the Hong Kong system. Without Hong Kong, will the RMB be lonely?

When the lips are gone, the teeth will be cold, and Shenzhen and the Pearl River Delta will be deeply affected. In the days to come, you can see the transformation of the Pearl River Delta economy at a visible speed! The exchange rate should be controlled by Hong Kong, but it needs the support of US dollar reserves. If foreign capital continues to withdraw, or Hong Kong capital withdraws in large quantities, without reserves decreasing, it cannot be supported. At that time, it may be converted into RMB. After that, after the digital currency is launched, there should be no Hong Kong dollars.

Source of materials: official media/online news