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Chapter 416 The big move that has been held back for more than ten years - RMB iron ore futures

Although the development results are exciting, Wang Qiang is still confused about the final result: "I remember Susu just said that the iron ore only started to turn around in 2017, so long?"

Su Su said in a deep voice: "Yes, it should be said that it was 2018. How can Brother Qiang view Australia from the perspective of national strength?"

Wang Qiang said angrily: "Guoli? Paper tigers are not counted, they are directly sprayed into paper cats by external tape!"

Susu laughed and said, "Although that's the case, Australia is a member of the Commonwealth. They are white Anglo-Saxons, brothers of Britain and the United States. They have the same blood and culture. The arrogance of the English-speaking nation is clearly visible to him. I said before that the three major camps in the world today are divided into three parts. Brother Qiang knows that over the past few hundred years, whether it is Spain, Tsarist Russia, the Soviet Union, Germany, Japan and other civilizations have ended in failure?"

Wang Qiang cut: "They are all superficial civilizations, and their failures do not mean that the English civilization is strong."

Su Su laughed and said, "But Australia doesn't think so. As descendants of exiles in the English-speaking nation, they are no more gentlemanly than the British, the sovereign country, and they never pay attention to eating. They see the situation clearly and will definitely eat China. So Australia is the kind of person who eats Chinese food while smashes China's pot, following the steps of the United States, and never misses it as an anti-China vanguard, and has never been afraid."

Wang Qiang said in shock: "See clearly what situation will make China determined?"

Su Su sneered: "Australia keeps raising iron ore prices, never considering the life and death of Chinese steel companies. Does China have any means to break the deadlock? In their opinion, there is absolutely nothing! Unless China invades with force. So they have to treat China as an imaginary enemy. This is their thinking logic, and fists are the truth!"

Wang Qiang smiled rather than annoyed: "It's easy to understand, it's very online!"

Su Su smiled and said, "In fact, their idea is right. Australia is not an orphan Japan who is always ready to get into two sides at any time. China really has no choice but to say that they have also helped Chinese steel companies eliminate all their competitors, including the former steel giant Japan, which has made China's global steel companies super giants - so now there is only the competition for pricing power. Is it the three giants of super sellers who have the final say? Or is the China of super buyers who have the final say?"

Wang Qiang browed: "I finally started to fight alone!"

Su Su nodded: "The blacksmith still needs to be strong. Since there are no external competitors, what China needs to do is to integrate the internal situation. First, it is to strengthen the rectification of chaos in the steel industry, remove backward production capacity, and close all small and medium-sized steel mills that are backward, wasteful and polluted... Wait and wait, it took a few years, and then in 2013 - quietly took action!"

Wang Qiang was excited: "What is it?"

Su Su smiled and said, "Iron ore futures listed on Dalian Commodity Exchange!"

Wang Qiang was confused: "What is this?"

Su Su sighed: "We talked about the soybean storm before? At that time, when Chinese private entrepreneurs went to the United States, they directly bought beans from the futures market according to the high-level rules of the United States. As a result, when they arrived at the three giants of iron ore, they became negotiated pricing, and Japan was operating in the black box later. This was not standardized or internationalized at all!"

Wang Qiang suddenly realized and suddenly laughed: "That is to say, after we open the futures market, we can force the three giants to submit like the United States shorting futures to kill Chinese soybean companies?"

Su Su coughed dryly: "That was done by financial capitalists. We have fair trading in China's futures market and market pricing, so we don't do such things!"

Wang Qiang said oh, and immediately found the problem: "But what is the use of listing iron ore futures here in Dalian? The three giants can completely ignore it and continue to negotiate pricing?"

Su Su nodded: "Yes, so at this time, it's just to practice your skills, play and see the market. After all, there are only two or three iron ore futures markets in the world, one in India, one in Singapore, and one in China, at least one in form, and then one in a super trick! It can be regarded as a gift from Australia to help us eliminate all competing steel companies."

Wang Qiang was shocked: "What super ultimate move can make the three giants submit?"

Su Su said in a deep voice: "Change the world pattern and start directly from the root - turn the US dollar and use RMB to settle iron ore! So the next anchor of RMB is steel."

Wang Qiang was shocked: "This..."

Su Su said in a deep voice: "This is just the second punch of the combination punch! The first punch was on March 26, 2018, when Shanghai crude oil futures market was listed, directly using RMB to settle oil - this was something that Sha Damu wanted to do, but he really didn't have the strength to do. The oil war was already red, and the smoke of gunpowder was filled. How many years have China held this punch? 10 years? 20 years? Then he finally took action!"

Wang Qiang said in surprise: "The petroleum dollar is the lifeblood of the United States. How can the US dollar be mixed with the settlement of oil in RMB?"

Su Su said in a deep voice: "So that day, a Persian oil tanker sank inexplicably in the East China Sea. At the same time, the Middle East was in trouble. The United States had no choice but to take advantage of China and was ready to go to the Middle East in person. Then on May 4, 2018, China made a second punch, and China's iron ore futures settled in RMB, starting the second step of de-dollarization. The next punch was RMB natural gas. Brother Qiang thought about it, what does this mean for Australia?"

Wang Qiang didn't come back to his senses at all: "Is this the rhythm of his backstage brother going to fall down, and he wants to become an orphan?"

Susu laughed: "Also, what if the US dollar really becomes a whole basket of waste paper, what is Australia's hard work accumulated over the years?"

Wang Qiang asked in surprise: "Can the US dollar become waste paper?"

Su Su sneered: "In 2016, the US Treasury bonds reached 20 trillion US dollars, and the US's annual income could not pay back the debt interest of one year. Theoretically, the United States has gone bankrupt. Not to mention, from a national perspective, what can the US dollar buy from the United States? The most troublesome thing in the international shipping industry is to transport cargo to the United States. The containers of the entire ship traveled across the ocean and then had nothing... The empty capsule came back! Brother Qiang has played a large voyage, so of course he knows the reason why the ship is not empty, right?"

Wang Qiang said in shock: "But... I can't feel the atmosphere of the US dollar pill!"

Su Su laughed and said, "There is not a jargon in the financial industry - when aunts start playing stocks, you must not play. In fact, the elite senior executives of all countries in the world know the situation in the United States. They are just afraid of the threat of US military power, and secondly, there is no currency that can replace the US dollar, and they have been silent. Now, as soon as the Asian Infrastructure Investment Bank opens, it responds to all the responses! As soon as the iron ore futures are listed, the transaction on the first day is 4 times that of oil futures. What is this?"

Wang Qiang then realized: "What about Australia?"
Chapter completed!
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