Weekly

Strong smell of gunpowder

2020-08-31

The cumulative number of infected people in novel coronavirus is close to 25.16 million, and the number of confirmed deaths has increased by more than 846,000. A recent survey in the United States found that 750 of the 1,500 American universities were infected.

The number of confirmed cases exceeded 26,000, and the cumulative number of infected cases in China was about 6.14 million, which continued to be the country with the largest number of infected cases in the world.

However, there are new developments in the treatment of new pneumonia in the United States. The Food and Drug Administration has approved the use of plasma from recovered patients for the treatment of new pneumonia virus. On the other hand,

The US government is also considering speeding up the examination and approval of the vaccine jointly developed by AstraZeneca and Oxford University, and expects to use it before the November election. The above news about controlling new viruses is beneficial to the restart of the United States and the world economy.

Geopolitical relations are still tense. Last week's Sino-US trade meeting was finally started by Chinese Vice Premier Liu He, US Trade Representative Wright Heze and Treasury Secretary Nuchin on August 25.

It was reported that both sides had a good and constructive atmosphere at the meeting; The representatives of the two countries first agreed to strengthen the economic coordination policy between the two countries and evaluate the implementation of the first-stage trade agreement;

Finally, the two sides agreed to create more favorable conditions and maintain communication in the future, and continue to promote the implementation of the first-stage agreement.


It was thought that the trade conference between China and the United States would bring the two countries closer, but just after the conference, the conflict between China and the United States broke out again. The United States put 24 Chinese enterprises on the entity watch list, and the US State Department once again dealt with some Chinese individuals,

The implementation of visa restrictions means that companies and individuals involved in China's construction of islands and reefs with sovereignty disputes in the South China Sea and its military operations. This action by the United States is to extend the front line to the military level to attack China.

After that, the PLA reportedly fired four missiles into the South China Sea and landed in the sea area between Hainan Island and Xisha Islands. China's behavior not only shows that China's military performance has been pushed up to a higher level to shock other countries,

It also highlights the unswerving attitude towards safeguarding the sovereignty of the South China Sea. US Defense Secretary Esper accused China of making every effort to expand its influence in Southeast Asia, especially in the South China Sea, and criticized Beijing for repeatedly violating its commitments under international law.

Showing its military strength on a global scale, the United States is ready to deal with any threats in the relevant regions, and both sides have a strong smell of gunpowder. Japanese Prime Minister Shinzo Abe resigned due to illness and waited for his successor.

However, Japan's close surveillance of China with the United States has become a riding tiger, which has increased the unstable factors. The data released by the United States last week were mixed, but the impact was not as good as a statement made by Powell, chairman of the Federal Reserve Board of the United States.

He said that the average inflation rate in the United States would be allowed to be slightly higher than 2%, and then the US dollar index fluctuated sharply by 1%, pushing down the US dollar exchange rate in one fell swoop. Influenced by the annual speech of Federal Reserve Chairman Powell,

As a result, the US dollar fluctuated greatly, and the price of gold also fluctuated greatly last week, with the highest value at 1977 per ounce and the lowest value at 1902 dollars per ounce, and finally closed at 1965 dollars per ounce, up 25 dollars from last week.

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