Volume 3 The Storms of the East China Sea Chapter 72 Financial Warfare
Japanese Prime Minister Ozawa announced through a press conference that Japan will suspend military operations for 24 hours, withdraw combat forces deployed in the East China Sea region, and strive to resolve disputes with China through peaceful negotiations
Half an hour later, at 10 o'clock Beijing time
Huang Guowei, Minister of Foreign Affairs of the State Council of the People's Republic of China, held a press conference to announce the suspension of military operations for 24 hours and accept the Japanese side's request for negotiations
Two very brief diplomatic statements immediately became the focus of the media in various countries
Has China won, or has Japan won?
N and Al Jazeera were unanimous in their belief that China had won a military victory and Japan had lost the war in the East China Sea
However, the two media outlets still disagree on the details
n believes that Japan has suffered a crushing defeat militarily and is forced to take the initiative to submit a request for armistice negotiations when it is unable to resolve the conflict by military means, and if China treats the armistice talks with a pragmatic attitude and sincerely conducts armistice talks with Japan, the war will end
Al Jazeera is not so "pessimistic", believing that Japan has suffered a defeat but has not fallen into the situation of losing its defense capability
Under these circumstances, neither Japan nor China will pin their hopes entirely on the armistice talks, and as long as the talks break down or the two sides are ready for the next round of confrontation, war will break out again
Either way, peace resurfaced, albeit perhaps briefly
At 830 EST on the 21st, about 12 hours after Japan and China announced an armistice, the White House spokesman announced that the United States was willing to mediate the Sino-Japanese conflict and provide a place for negotiations between the two sides
At this time, the Chinese Foreign Minister Huang Guowei and the Japanese Foreign Minister led a delegation to Honolulu
In accordance with Ji Youguodi's request, in the preparatory stage for the talks, Huang Guowei raised three main issues: "sovereignty over the Diaoyu Islands," "delimitation of the exclusive economic zone in the East China Sea," and "exclusive economic zone in the South Pacific." The Japanese foreign minister did not refuse to say a word, and after obtaining the prime minister's consent, he said that negotiations could be held on these three issues, but it was necessary to extend the cease-fire period
Ji Youguo once again accurately judged Japan's intention to propose a cease-fire negotiation
Tokyo time on the 22nd 830 Japan first announced that the ceasefire deadline would be postponed to 9:30 on the 24th
Subsequently, the government of the Republic also announced that the ceasefire period would be extended to 830 minutes (Beijing time) on the 24th
For China and Japan, which have no intention of resolving their contradictions through negotiations, the time of 2 can only allow the officers and men of the combat units of the two sides to take a good breath and prepare for the next round of military conflict
On this same day, WB officially issued a huge loan of $850 billion to Japan
In the afternoon, several cabinet departments related to economic policy in the Japanese cabinet successively introduced rescue policies, and the head of the Tokyo Stock Exchange announced the resumption of trading on the 23rd
Almost all Western media focused on Japan's bailout policy and the news of the resumption of trading on the Tokyo Stock Exchange on the 23rd
Without exception, all Western media reported on the news of the WB's huge loan to Japan in the form of rolling news, with no highlights and no relevant commentary
The identity of the Western media as the mouthpiece of interest groups in Western countries has been exposed
However, no matter how slight fluctuations in the capital market are, they cannot escape the eyes of international financial speculators
WB's record-breaking loan to Japan, the Japanese government's immediate bailout policy, and the Tokyo Stock Exchange's immediate announcement of the resumption of trading not only worked together seamlessly, but also exposed Japan's true purpose
The armistice negotiations are just buying time, and Japan has no intention of rapprochement with China at all
As Al Jazeera unleashed the news that shocked the world, the dawn of peace that had just emerged immediately lost its luster
At this time, the news media of the republic took to the stage
More than 10 programs on the international channel, the financial channel, the news channel, and the military channel focused on what had just happened, and made relevant comments and criticized certain Western media for ignoring the facts, distorting the truth, deceiving the audience, reporting news events with bias, deliberately falsifying prosperity, creating a tense atmosphere, and willingly acting as spokesmen for interest groups in order to achieve ulterior motives
As the republic's television stations joined the "war of words", the media circles became lively at once
Western media outlets, led by N, CBS, and Dai ANA, immediately accused the Chinese government of manipulating the news media and deliberately publishing targeted news commentary
Not to be outdone, the press circles of the Republic have accused the Western media of misleading the people and deliberately vilifying China
Al Jazeera and other "third-party" news media have joined the "war of words" one after another, and with the exception of a very small number of people who speak for Western countries, the vast majority of third-party news media have joined the press circles of the Republic in attacking Western media that judge right and wrong based on their value orientation
The war of words became more and more intense, and online media also joined in
On the evening of the 22nd, a review analysis attracted the attention of the whole world
An online commentator named "Cold Bystander", who published "The Deep Sino-Japanese East China Sea Conflict" on the 20th, which attracted global attention, once again published a high-quality analysis and commentary titled "The Economic Motivation Behind the Sino-Japanese Conflict".
This comment is from the intensification of Sino-Japanese contradictions, the outbreak of the financial crisis in Japan, the application of loans from the IMF by the two sides, to the outbreak of the East China Sea War, the two sides clashed twice within 14 hours, and Japan suffered a crushing defeat, to the announcement of a ceasefire between the two sides, the armistice negotiations, the WB's provision of huge loans to Japan, the introduction of a bailout policy by the Japanese government, the review of the Tokyo Stock Exchange, until the conflict between the Western media and the Chinese media, and the outbreak of a war of words, the huge losses suffered by Japan in the financial crisis and the East China Sea War. The relationship between the armistice negotiations and the financial crisis, the impact of the huge loans provided by WB to Japan, the effects of Japan's various bailout measures, and the final method to resolve the Japanese financial crisis are analyzed and expounded in simple terms
In the end, it was concluded that it was not China's military power that defeated Japan, but the financial turmoil that swept Japan; The intensification of the financial crisis and the fact that Japan was forced to fight on two fronts became the key reasons for Japan's military defeat; Japan's initiative to negotiate an armistice was also to quell the domestic financial crisis; As long as international hot money continues to stir up waves in Japan's financial markets, WB's huge loans and the Japanese government's bailout measures will not have any effect
As soon as the comment appeared on the web, it was loaded by hundreds of websites
At this time, almost all netizens who followed the comment believed that the "cold bystander" was the spokesperson of a certain government
As soon as the so-called "pulling out the radish and bringing out the mud" came out, many people realized a very serious problem: the flow of international hot money
International hot money will not stop flowing, and where there is interest, it will flock to it
After leaving the Japanese financial market, trillions of dollars of international hot money will definitely look for the next "rotten egg" and throw the bloody wind again
With the exception of Japan, there are not many financial markets that have the capacity to accommodate trillions of dollars
China, the United States, the United Kingdom, the European Union, who will be the next hardest hit area?
Perhaps, the flow of international hot money is not the biggest problem
Some economists and financiers have raised a question on their blogs and news programs that deserves everyone's attention: When trillions of dollars of international hot money leave Japan's financial markets and flood into the financial markets of other countries, will there be a global financial crisis like in '08?
It's like a super earthquake in the depths of the ocean, and the earthquake itself is not very harmful, but the tsunami formed by the earthquake will put the global economy to the test like never before
Even the most optimistic economists admit that the Japanese financial crisis will trigger a global financial crisis
Pessimistic economists even believe that the Japanese financial crisis will not only trigger the global financial crisis, but also because many of the remaining problems in the global financial crisis that ended three years ago have not been solved in time, so that the global economy will encounter the most severe test in a century, if the governments of various countries cannot introduce countermeasures in time, the global economic depression will break out, completely destroy the current world economic system, and trigger the most serious global crisis since World War II!
The more sensational the prophecy, the more likely it is to attract attention
On the 23rd, the Western media concentrated on a piece of news related to the republic
At the executive work meeting of the State Council of the Republic that ended on the 22nd, the General > of the Republic of China adjusted the importance of maintaining domestic financial order and maintaining economic stability, and called on the relevant ministries and commissions of the State Council, financial institutions, banks, enterprises, and local governments to make preparations for the sudden crisis as soon as possible, so as to ensure growth, employment, and stability, and at the same time, earnestly implement the relevant documents issued by the central government, implement relevant policies, and make contributions to deepening reform, promoting industrial restructuring, and establishing a sound market economic system
Although the government of the Republic of China has not introduced a bailout policy, China has made its attitude clear
At this time, no one believes that China and Japan can resolve their dispute through negotiations
Before the smoke of gunpowder on the battlefield in the East China Sea dissipated, the battle on the financial battlefield began
On that day, the international hot money outflow from Japan reached $1.5 trillion, of which $850 belonged to Hikohiro and others
In the absence of clarity on the situation, international hot money is not in a hurry to enter China
True international financial speculators know that the Chinese government has the most powerful regulatory capabilities in the world, and it is far more difficult to attack China's financial markets than Japan
However, some of the "hot money" that left Japan did not belong to international financial speculators
On that day, more than $2,500 of financial capital flowed into China, of which 85 billion belonged to Yanbo and others
There was no smoke of gunpowder, no declaration of war, no blood and fire, and the battle to defend China's financial market began quietly
Who will have the last laugh?
Not only international financial speculators are very concerned about this issue, but also the 1.4 billion Chinese sons and daughters are also concerned about this issue
Damn it*
The financial war has begun, and the monthly pass continues to be smashed! (To be continued)