The two wars currently attracting global attention are the conflict between Russia and Ukraine and the conflict between Israel and Kazakhstan. But is the United States now facing a big crisis in these two proxy wars ? We first saw that in Russia and Ukraine In part, Zelensky once again said that these Western leaders can take more actions before he can be confident that Kiev will win this war. Biden also met with Zelensky in Paris , and of course he talked about the focus of the discussion. Just talk about how Western allies like Ukraine can help Kiev resist Russia. Then Zelensky said, is confidence now based on Western assistance? Well, in that case, now Biden has to say, okay, then I apologize. Because he said that there was a delay in some previous military aid , he is here to apologize now. Let me take you with him to listen. This is also the first time that Biden has publicly apologized to Ukraine for the delay in this military aid case . But now Ukraine itself Zelensky may have already burned the candle. Why? Because in the latest poll, his approval rating has dropped below 60%. Ukrainian people ’s approval rating for him is gradually declining and has reached a level since the war between Ukraine and Russia began. Will it be the lowest point in the future? Anyway , the war will be the same if the president is changed. The situation is almost the same and it may not necessarily be better for Zelensky. Now the Russian side is saying that Putin already knows about Biden ’s offensive remarks against him, but they don’t want to say more. What he only said is that every time they ask themselves what does Biden mean? Well, it’s not just about Russia and Ukraine. We see it in Israel. Will Netanyahu become Biden’s biggest breach? Because every time as long as Biden The Israeli media said that Netanyahu was not willing to accept everything. Biden said that Netanyahu listened to his warning and therefore did not launch a full-scale attack on the Rafah area as originally planned . But you see that in fact, throughout Canada, The United Nations school in Salvador was also hit by an Israeli air strike , killing 40 people. The U.S. State Department even mentioned that the dead included children. We hope Israel can implement transparent information. What did the Israeli spokesperson say? They said this time our In an operation targeting Hamas and Islamic Jihad militants , nine Hamas members were killed. However, they had no way to fully understand whether there were civilian casualties , so they once again ignored the United States and the leader of Hamas. He even insisted on refusing to talk about the new ceasefire agreement proposed by Biden. He said that it would not be considered unless a permanent ceasefire could be achieved . Now Blinken said that he would visit the Middle East again to promote a ceasefire agreement between Israel and Kazakhstan. He also emphasized in the interview that it is very important for Hamas to accept this ceasefire proposal because this ceasefire proposal is actually almost the same as the proposal approved by Hamas last month. But this is really the case. Are you optimistic? But with the United States supporting Israel , I am afraid that the global anti-Israel voice is getting louder and louder. We saw that on July 24 , even though Netanyahu said that under this situation, he would still come to the U.S. Congress. I am giving a speech , but I don’t know whether I will see Biden during this trip. However, the visit comes at a time when Israel and Hamas are under heavy pressure to cease fire. Now Israel is facing very serious diplomatic isolation. Biden supports Israel. This incident may also become a very big political burden for him before the November election. We saw that anti-war people even surrounded the White House to protest , saying that the authorities should take additional security measures because these people can't even build a fence . It may climb over. How embarrassing is the situation of the Israeli representative? We see this picture at the International Labor Conference of the International Parliament , which is held in Switzerland. Well, the Israeli representative also attended at the same time. You see this picture . The meeting in Geneva was being held . They were originally going to discuss the living conditions of these workers in the occupied Palestinian territories. Unexpectedly , when the Israeli representative was about to take the stage to speak, why was the scene a bit chaotic ? Because many representatives immediately stood up and wanted to leave. I protested. This is too embarrassing, because the Israeli representative was about to speak. Many representatives simply said that I voted with my feet to represent my current position. The Israeli representative accused that this meeting was simply demonizing Israel. Well, but now Spain What do they say? They say that the only goal is to end the war and implement a two-state solution. They hope that everyone can move in this direction . Spain is the first European country to make such a request. It is expected that the other 12 countries will also Joining this means that Israel 's situation is getting more and more difficult. First, let me ask Teacher Yang what he thinks about the current war in the United States, including Ukraine , and Israel. Is the entire proxy war going to be lost ? This proxy war is now in a state of affairs. None of them are good , but Biden has already ordered that you all have to wait until after November after the election. Of course, if Hamas can agree to this peaceful plan in Gaza before November , there will be progress and release . Maybe he thinks this is an achievement for him, but in Ukraine , I think it is not easy because the war in Kharkiv has been going on since mid-May , but there is a bit of a stalemate in Russia. It is true that the front was too long and too shallow. Then the Ukrainian army assembled 60 battalions and 50,000 troops and used Western weapons to attack Kharkov, which is another city in Russia. It is a bit like the former one. A fire broke out in the backyard. For the Russian army , there is a bit of a stalemate there , but why is it doing this at this time? He wants to let everyone know at the Swiss Peace Conference on June 16 and 17 that I can still hold on and ask everyone to respond. In the past two days, Japanese Prime Minister Kishida has also continued to increase his support for Ukraine . Then you saw that Biden personally attended the anniversary of Normandy. Some other Western countries also continued to support Ukraine . The proxy war that the boss wants to fight is almost unsustainable. Brothers, hurry up and use your money and efforts to keep it going until after November. I think the problem in Gaza will become more serious . I took a look and now it has already 37,263 people have died. Only children have died. 15,500 people have died. Yesterday, the Secretary-General of the United Nations officially blacklisted Israel for military persecution of children . On Friday, U.S. time , look at the entire development of Rafah City. You are still being bombarded. You are going to give a speech to the joint session of the U.S. Congress on July 24, and let Israeli Prime Minister Netanyahu, a war criminal, give a speech . Please stop making trouble. The entire United States will fall out in Washington. All these protests will gather here , and then What do all the Muslim countries and all the countries in the Global South think of you? The United States has now had 37,000 deaths on July 24. By July 24, I think it will definitely exceed 40,000 and more than 20,000 children will die. So I predict that on July 24, Nathan Yahu's speech in the United States will not really take place. He may cancel it immediately because this is a terrible thing for the United States . But why did he make this gesture to express that I still support you and then find out? At one point in time, you say that something happened or that our war situation has improved and I need to deal with it here or it has worsened and I can't go. I don't think Natanyahu will really go. I think it will be very difficult for the United States to fall off the altar. It's very fast , and Biden may be scorned globally because of this incident . Because he mentioned Captain Netanyahu, what do you think? Of course, now, including the United Nations school, we have just seen that meeting. In fact, everyone stood up . It means voting with your feet , that is, I have no way to stop you. Even the International Criminal Court has nothing to do with you . But I can not listen to what you say. I can leave this, which is the sanctions against countries in the field of international law. In addition, if we look back at Ukraine, Why did Zelensky’s polls start to drop so sharply? Because in fact, the U.S. Embassy in Ukraine has now come out to call on you. If you have dual nationality , you have the Ukrainian nationality. You should not go back to Ukraine. You just need to go back. You won’t be able to leave Ukraine because they have now begun to control those between the ages of 18 and 60. This is one of the men in the middle. You are not allowed to go abroad. In addition, the age at which he is responsible for combat operations has actually dropped from 27 to 25. What does the meaning of age mean ? It turns out that people who are 27 years old have slowly been eliminated. However , the president of Ukraine , Zelensky, is indeed an actor. He constantly introduces new things and speaks words that inspire everyone. For example, recently we were on the Internet. What you can see is that the F16 appears , and it has a pilot-like person. He actually wears a jacket on the back and has the national emblem of Ukraine. On this aircraft, we can see it from its fuselage or its air intake. Judging from the mouth, it is F16 , but is this true? If there are many European countries now, they are willing to provide this F16 , but it is not the latest F16 Viper that we in Taiwan now use. It is actually the F16/AB type , which means that Belgium provides it. The Netherlands provides 30 aircraft, 24 aircraft , and then Denmark and Norway, which add up to 80 or 90 aircraft. In fact, some of them are dismantled. What else does Sweden provide? It also provides an early warning aircraft, which is the type of early warning aircraft we see. Then this early warning aircraft is different from what we see in the US military . It is an early warning aircraft on one side. It is used for reconnaissance on both sides. We can see it from the picture below. In other words, in fact, if we talk about propaganda From a perspective , it seems that Ukraine now has a new generation of combat capabilities. It can use early warning aircraft to command the F16 it is about to acquire . But if it is not an F16, can it command it? This is a question. In addition, what we have seen before is the US military's The M1A1 tank was also directly projected into the Ukrainian battlefield , but we saw that in early May in Moscow, they actually made an exhibition. This is what the wreckage of the M1A1 was . In addition, they also emphasized what the result of the Seamaster was . We never had it. It can be clearly seen from the man-machine that after locating Haimas, he directly launched an artillery attack. This only tells us that the current situation in Ukraine is not optimistic. This is why Zelensky even came to the Shangri-La talks. In other words, he is begging grandpa and grandma everywhere for equipment and money , but what does Brother Bing think of asking for help ? But Israel is now probably isolated by the world. In fact, of course, Israel is in a very bad situation because although he On the surface, it seems that there is no large army directly entering Rafah as he claimed before , but his attack on Rafah is still ongoing. You, the United States, are telling the truth, as if Israel really accepts your suggestion. As a result, you His suggestion is just to use bombing and not to attack. Is this your suggestion? Isn't your suggestion to tell him to stop attacking? So I think Biden is very embarrassed now. Because Biden is going to be elected , of course he hopes to curb some Israeli actions , but Netanyahu just ignores him, so it creates a very paradoxical situation. On the one hand, the United States seems to be thinking We must uphold justice and say that your United Nations school was bombed and some people were injured and civilians were injured. We need to investigate . But on the other hand, we have continued to support Israel and let Israel continue to engage in this inexplicable behavior. Like Israel, we have control over this and this attack. 9 Hamas elements were killed , but there were no civilian casualties. We don’t know. Don’t you think this sentence is illogical? If you have confirmed that 9 Hamas elements have been killed, how come you didn’t know that? Isn’t it a very strange thing that there are civilians on the other side but not civilians ? So I really don’t think Israel needs to say such words that can’t deceive others. You all know it in your own hearts. You just bombed over there. You didn’t consider the ordinary civilians at all. As long as he thinks there is Hamas over there, I don't care how many civilians you have , I'll blow it up first, so I think this is a very, very bad situation , but I very much agree with what Teacher Yang Yongming just said, if Natanya Hu is really Go to the U.S. Congress to give a speech. This is definitely a catastrophe. This is a very, very bad thing. The United States really needs to do everything possible to prevent this from happening. Now we can verify whether what the teacher said will come true. Take a break. I'll be back soon. Now that we're talking about AI and Silicon Valley , Saudi Arabia also wants to join in, because Saudi Arabia has announced that it will establish a national semiconductor center and has set an investment target of attracting NT$8.6 billion in 2030. It has attracted 50 companies to become the latest country to join the global chip race . Well, now the center will focus on simple chips rather than advanced chips that have not yet progressed to generate artificial intelligence and military technology. He also said that he would seek to attract 25 world-class experts in this field through a high-level residency program and plan to train 5,000 semiconductor design engineers by 2030. Of course, the person in charge of creating the Silicon Valley of the Middle East, a semiconductor center , said that they were not If you want to replace Huida or challenge Intel, if you want to start small , they also mentioned that raising a child requires a force. Fortunately, they said that with the National Semiconductor Center, there is a chance to achieve such a goal , because they will have some negotiations in the future. Now that they have the chips and space, they are aiming to manufacture chips . In fact, they have set up a company with the purpose of establishing a manufacturing center to attract relevant partners, including Softbank, etc. However, the national oil company Saudi Aramco is also here. It has made investments and according to the report, the company spent US$3.5 billion on R&D last year. The report also mentioned that Saudi Aramco was involved in many innovation fields, including 250. What is Aramco? We have seen that they have cooperated a lot with mainland China in the past . For example, Saudi Aramco has sold shares to raise US$11.2 billion, especially the subscriptions from Asian and Western investors have even exceeded the quota . Peng Bo pointed out that the demand for investment in Asia is very strong. What does it mean? The relationship between Saudi Arabia and large Asian economies such as China and India is getting closer and closer. This is also the largest transaction in the world in three years. Well, we saw that Saudi Aramco signed Saudi Arabia’s national natural gas pipeline network. Of course, they hope that natural gas will be more stable in the future. The amount of this contract has reached RMB 7.956 billion , which is equivalent to 11 million. It is estimated that the U.S. dollar will be completed by the end of May 2027. As soon as the news came out and the market opened, Sinopec Oilfield Services once rose by 5.77. In addition to this part , Saudi Arabia is also represented by this international company. The central bank 's digital currency , which China took the lead in setting up, said it has cross-border pilot projects . Of course, they also said they have taken another step forward in reducing US dollar settlements . Now mainland China seems to be making plans in the Middle East. We saw Reuters reporting on Qatar's sovereign wealth. The fund has agreed to buy a 10% stake in China Asset Management , China's second largest mutual fund company. At a time when tensions between mainland China and Western countries are growing , it also highlights why Beijing is strengthening its ties with the Middle East. Among them, we can see One case is why the China-Kyrgyzstan-Uzbekistan Railway is said to be a strategic project? Because China is the world's largest oil and gas importer. Statistically speaking, it imports more than 5 million barrels of crude oil from Arab countries every day, which already accounts for China's total crude oil imports . Of course, your energy import pipeline must not only be diversified , but also ensure that it is safe and stable. If the China-Kyrgyzstan-Uzbekistan railway is completed, it will become a destination in Asia. We can see this picture , this is the picture. What is the benefit of a new transportation line between Europe and the Persian Gulf countries ? The development and utilization of oil in the Caspian Sea in Central Asia can certainly open up new sources of oil imports and even adjust the energy development strategies of these regions. It is of great significance . Moreover, mainland China has The energy imported from the Middle East also has a more efficient and safer guarantee. First, let me ask Teacher Yang what he thinks about Saudi Arabia’s current dream of becoming the Silicon Valley of the Middle East. Is this possible? Is it possible that he is actually developing this semiconductor ? Of course, especially in some aspects of Fabless such as IC design , it actually has its conditions. You know the first one is that he has money and capital. This is very important. The second one is In fact, people in this region may not know about him. For example, there is King's University of Science and Technology in Saudi Arabia , which is the richest university in the world. If you give scholarships to students , you can attract talents, let alone in Dubai. In fact, places like the United Arab Emirates have a similar concentration of talents. In the United States and Shenzhen, many local universities , such as New York University in the United States, have branches there. Many of our Taiwanese students have applied there for scholarships. The land is given to you, so the talents have the funds. Does he have it? That is to say, the demand here is actually there in the entire Middle East and the Global South. He also knows that his oil needs to be replaced, that is, a new oil. Of course, there are many semiconductors. We are not just engaged in manufacturing. Our manufacturing in Taiwan is very strong. Of course, there will also be some manufacturing. Hon Hai has made small investments , but it may have to do design. It has been around for almost a year , especially what I have seen in the past two months. He is still struggling , and then he is very clear about the attitude of the United States. Because he is struggling between China and the United States, he said that he should not do this so-called AI or advanced technology. Of course, at the beginning , he also knew that it would step on China. Midea’s technology war is a sensitive issue. At the beginning of this year, the president of Alat said that at the beginning of this month and last month, he said that if the United States wants us to withdraw investment funds from mainland China, we will withdraw. But The United States will immediately start to control exports to Saudi Arabia and some Middle Eastern countries in May. In particular, Huida, Huang Renxun, is currently in Taiwan . These are important and critical chips. He controls exports from the United States and other countries to Middle Eastern countries. He listed more than 40 countries , and nearly one-third of them are in the Middle East and North Africa. So the United States is very clear about this attitude and policy. It does not trust Saudi Arabia and these countries in the Middle East and North Africa. The distrust may be because during this process, Saudi Arabia and mainland China have very close cooperation in funding , technology, and factory construction. Saudi Arabia wants to build a city called New Future City, which is called NEOM in English . It’s really a town built in the desert. I’m sorry for building a city. The city is very big, very technological, very dreamy , and it is very important. It has attracted investment in the so-called semiconductors and high technology. He has already done it in Shanghai and Beijing the previous week. There are a lot of press conferences , that is to say, some briefing sessions. In fact, China and Saudi Arabia are increasingly cooperating on this issue . There is one last sentence. Because he sees that mainland China has no control over these technologies , he hopes that each other’s international cooperation will be It is mutually beneficial but the United States is not here. What does the Captain think about mainland China's layout in the Middle East ? And we can see it from MBS , Crown Prince Mohammed 's plan for Saudi Arabia Vision 2030. The success of TSMC and Huida has actually made everyone very envious . This can be seen from another country, that is, Japan. When TSMC set up a factory in Kumamoto, Kumamoto was able to attract students from the University of Tokyo to go directly to Kumamoto to work . The whole of Kumamoto was actually a second-tier city , but now its population density is constantly rising. In fact, it is because TSMC continues to set up factories there. But when we make a wish, we must not make the wrong wish. Why do we say this ? Zelensky, who was discussed in the previous paragraph, made a wrong wish. His original wish was to have Ukraine's membership of NATO incorporated into the constitution , which led to the war . But now let's look at the National Semiconductor Center of Saudi Arabia. In fact, what he emphasized Silicon is the silicon that empowers innovation. Silicon is the silicon of semiconductors. Before he decided to do this, he used these clean rooms and before these semiconductor factories were built, he gathered more than 30 clean rooms . Whether they are teachers or experts from universities near Uzbekistan, they are studying this matter. Studying this matter is in response to the new crown epidemic. Do you still remember that day more than a year ago when everyone was short of chips ? What they lacked is not Advanced process wafers are mature processes , and because as Teacher Yang just mentioned, cutting-edge processes and advanced processes will be subject to geopolitical restrictions , so they made this wish directly on mature processes , which means they directly do these. Mature chips are just fine . In fact, these chips with mature processes are used in daily necessities such as televisions and washing machines. For example , all our home appliances or electric vehicles use chips with mature processes. However, there is one One thing that Saudi Arabia may want to think about is the use of green electricity that everyone emphasizes when using chips. What kind of green electricity can it provide? Of course, it can use wind power in the desert and it can also use solar energy . It cannot use its true core competitiveness , which is to use oil to generate electricity , because the chips produced by that power generation may not necessarily be accepted by these European and American countries. This means that most of our green electricity in Taiwan is actually purchased by TSMC. The main reason is that when selling its chips to these European and American countries, its carbon footprint is actually relatively small. This is something that Saudi Arabia should pay special attention to. What do you think of Brother Bing? I think their approach is quite pragmatic, that is, I don’t ask for any cutting-edge things. I don’t understand them. I don’t have this kind of technology for me now. It starts with the basics , and I think it is easiest to cooperate with mainland China at this stage , because mainland China has these related technologies , and mainland China already has a model of exporting these products and cooperating with mainland China. If it can start to do some For mature chips, the future is to cooperate with mainland China and start building factories one by one here. After that, there is no need to remanufacture in mainland China. They can be manufactured directly in the Middle East and can be supplied by manufacturing in Saudi Arabia. There is no need to ask Europe and the United States. Just focus on the Islamic world. In fact, I think at least for their temporary process, they will first lay a solid foundation and then make further progress. Because I think Saudi Arabia is a country with a strong sense of crisis because they also know that the oil is about to be used up. It will be used up one day. I can’t just rely on God’s blessings for food. I still have to find a way to find another way out. I think if he sets his stage to be at least an industrial powerhouse in the Islamic world. I think this goal is actually not that difficult to achieve. He has a lot of opportunities , especially since he now has abundant resources and wealth. So I think he is constantly doing this first , and you can see that he is in the energy or industry. Whether it's infrastructure or infrastructure, the cooperation with mainland China is getting closer and closer. It's even been reported recently that these Middle Eastern countries are starting to be interested and may want to buy it. Their J-31 also has such a thing. Let's take a look. Various alliances in international geopolitics have undergone some very drastic changes in recent times . Let’s take a look at Turkey. It has joined NATO , but at the same time it has expressed its intention to join the BRICS. More and more people from BRICS countries want to join, including the Nicaraguan presidential adviser. He also announced that Nicaragua has made a request to the BRICS countries. Who is the chairman? Russia has asked him to join the BRICS cooperation mechanism. Last year, he signed a US$430 million loan with China to build an airport and a liquefied gas terminal . As part of the de-dollarization strategy, these projects will be constructed by companies from mainland China. Therefore, when Nicaragua and China upgraded to a strategic partnership last year, joining the BRICS was an important key to a strategic alliance . Bolivia also asked the Bolivian president to publicly say that in the United States Against the background of the weakening of the hegemony of the US dollar, the weight of the BRICS countries in the world is constantly increasing. It is important to increase domestic currency settlement . In other words, Captain America is no longer strong and the US dollar is no longer the only global currency. It is necessary to find a new way out. Therefore, Turkey When they said they wanted to join the BRICS , NATO immediately jumped up. NATO members said you should not be in two boats . You have to choose both sides. You have to choose both sides. This may result in a so-called dual affiliation. You do not accept that the West wants to restrict Turkey , but which side will you choose in the end? For example, Wang Yi participated in the so-called BRICS foreign ministers’ meeting. He specifically said that the meeting to be held in Russia on June 10th and 11th was to consolidate the BRICS strategic partnership and to deepen pragmatism in all fields and promote common ground in the global South. Develop joint self-strength , so in short, more and more people from countries have joined in to tell everyone what the strength of the BRICS is to engage in various confrontations and competitions with the United States . Among them, Putin ’s view of the BRICS is that he is studying a It is very important to not be subject to political pressure and not to be punished for fraud. Seeing the situation of Russia being sanctioned at that time, the payment system has become the most important key for everyone to see. Therefore, the BRICS must develop in this direction as a safe haven to avoid being sanctioned. The United States casually uses sanctions as a tool , but the so-called die-hard brothers also speak for mainland China. He said that the United States and European countries are trying to hinder China's economic growth in some form . Recently, there have been many tariffs, barriers and controls. He said this is a huge mistake. He said that China has succeeded. It has created a unique and effective economic development model that is more effective than the American model. In the past, there may have been competition between the two countries. Now it seems to be a cooperative relationship. The relationship is becoming more and more hardcore. Therefore, when worrying about the Chinese market , it actually affects American companies. This is a big worry . The United States has introduced wave after wave of increasingly stringent restrictions on the related chip market . Fokker, the chip CEO of ASML, issued a warning. He said that our duty is not to be political. Instead of deciding what is right and what is wrong, the recent inspection, which includes the possibility that NVIDIA may be subject to monopoly control, he said, suddenly, we just don’t want to be subject to political restrictions, has become the most important topic on the planet. In the end, he said He does not want to lose the Chinese market , but these practices are a completely biased influence of politics dominating the entire global market. So when high-end chips have been subject to control, now Bloomberg says that China’s big funds are launching version 3.5. What are the key points , including ten years? The purpose of this large fund in the first phase is to invest in the research and development of various semiconductors in the future . It will be useless to contain the future high-end chips by ourselves, forcing them to grow faster. In the US corporate sector, we have seen Boeing again almost every two or three days. There was one scene that happened to Air Canada a few days ago . This scene was not long after takeoff. This Boeing 777 passenger plane was carrying more than 400 passengers. Suddenly the engine caught fire again and it was spitting fire. It scared everyone. All crew members and passengers on board In the end, we quickly made an emergency landing back to the original airport and returned to Toronto's Pearson International Airport . It was okay. In fact, it was really lucky that no one was injured or injured. It wasn't easy. Everyone had warnings and prepared for the Boeing to spray fire at any time. It was so scary , so it sprayed fire just after takeoff. Fortunately, the fire didn't fly very far. We quickly returned to the original base to land. Boeing also has an interstellar plane that wants to develop into space. This is an important part. Last time, we also saw that its launch was repeatedly delayed. As a result, once it arrived in space, this happened. It was called an accident of spacecraft thruster failure , but it was okay at the last minute. Although it almost failed to dock and deorbit , it still completed the mission. But everyone said that the risk was very high . Therefore, when Boeing wants to compete with the world, especially mainland China , which is now rushing to catch up with various Chinese commercial products. There are various predictions on aircrafts . Among them, Willie, the chairman of the International Air Transport Association, his analysis believes that in the future, it will not take too long, 10 to 15 years will be enough. China’s commercial aircraft can compete with the two Western monopoly giants, Boeing , Europe and Airbus. Can we have a showdown? Everyone is observing the changes in the market. We have seen so many BRICS countries, including Nicaragua and Turkey, participating. This influence is of course growing because it actually has a BRICS bank. It will provide some relatively low-cost assistance to participating countries , so I think more and more small countries should see it, because we have recently seen Thailand saying that it wants to apply. To my surprise, Vietnam will also apply if Nicaragua and Turkey are added. It’s quite embarrassing and interesting because the political nature of the BRICS has not yet fully emerged . It is still focused on economics. But this year it happens to be held in Russia. It’s embarrassing. Then the rotating chairman called the Russian Putin Conference, and the issue that Putin wanted to engage in was called non-USD. Payments are very political, so of course his appeal is very correct. Some countries are worried that the SWIFT, Euro and US dollars payments will be used by the United States as a sanctions tool. They casually identify me as Russia. Before, they identified Iran. Then you How do you know that your Middle East country will not be recognized in the future ? How do you know that your Nicaragua will not be recognized ? So based on this, it is a hedging. In fact, this does not conflict with SWIFT. It means that if we have an alternative payment system, there will definitely be many third world countries. Of course he wants to avoid risks when he joins. I have some transactions that are relatively important to the country. Of course, it is safer to use this transaction. I don’t want you to know. So in the future, the United States’ grasp of global trade will definitely become worse and worse, because many of them will become trade-related. The black hole is one reason , and the other is that his political attributes will become more and more obvious because of this, because the United States will definitely criticize him. Next, he will definitely cite China's global development initiatives, security initiatives, civilization initiatives, and those propositions, so NATO He is very sensitive and knows that this will definitely happen, so Turkey, you can only choose one side and it becomes like this because Turkey is a member of NATO. Turkey is very popular because it has applied for the European Union for more than 20 years and is still not allowed to enter. I always have to have an economic organization . What's wrong with participating in the BRIC ? Because Erdogan is also an old fox , maybe he uses this as a bargaining chip and then forces the EU to say, " You want me to participate" because he has been queuing for a long time, probably almost 27 years, to be honest. He knows very well that it is because I am a Muslim and your EU is basically a Christian alliance. So because it has a large population of 78 million people , the EU will be afraid. Most importantly, his strategic position is important, so NATO must have him. NATO must have him. Otherwise , Originally, Europe didn't want him at all. It didn't want him at all . It was because he was stuck in Russia's Black Sea Fleet. The Turkish Strait was too important, so the United States insisted on him . That 's why the Europeans didn't actually regard him as Europeans. Europeans were unwilling to treat him. In fact, he is a Eurasian in a broad sense, and he is a Muslim , so he is one of the four major Sunni countries . So maybe it looks more pleasing to the eyes in the Middle East . So now this kind of contradiction appears, is Turkey really satisfied? What’s interesting is that in addition to wanting to join both sides, I think the atmosphere among the Turkish people and even the media reports were relatively anti-American. Because at that time, several important wars were happening, they were relatively anti-American , so it was obviously necessary to gain success in various organizations. Balance is basically that Erdogan has been in the EU for a long time, and he has just started firing. He is not necessarily very submissive to you. If the United States wants to buy the F35B, the United States will not sell it, right? As long as I have this geographical strategic position, the United States still hopes to use Turkey and mainland China. Is it right to engage in East Turkestan and engage in Xinjiang? As a result, this is not done now. The BRICS is still attractive to him because the rich financiers from the Middle East countries are all in the BRICS. It is good for Turkey to join the BRICS. The first one has a larger population . The second one is He also has a strategic position and can loosen NATO , so the BRICS should welcome him , but he is looking at the reactions of both sides. Nicaragua is a person we have dealt with. This person is not trustworthy and is looking for money . I don’t know if you don’t want him , but you want him just because you have exerted influence in South America, right? So these issues are related to Turkey’s love triangle, right? Nicaragua just sees that your family has a car and a house, right? Everyone has different intentions , so he promises you that he also has different intentions. In South America, I planted another flag, right? In NATO, I also planted a flag. So everyone has their own needs. It depends on the level of gain and loss. Let you come in or not. I just Look, you are exclaiming over and over again about the situation at Boeing. It ’s like the avian flu we talked about. It’s okay, so I’ll give you a package every week. So who dares to buy your Boeing ? Besides selling arms to make money , it’s losing money on civilian aircraft. Because this machine has quality control problems, the person who performed quality control at the beginning sued you and said that you didn't do the quality control shortcomings I told you about at the beginning . Now it is inevitable that the package will be shipped . If you can't do quality control well, you cut corners. Of course, if something happens to an airplane, the most important thing is safety. The most important thing when choosing an airline is whether you are comfortable or not. The second thing is not to crash the plane. Air crashes are terrible. If hundreds of people are killed, the lawsuit will never end without this, right? Even the insurance company may drag it on. So this Boeing is ruined. I think it is doomed. There is no other way except selling arms. It is also considered a monopoly in the United States . So what does General Li think about it ? Can you live with it? I’m talking about the fact that the one who can make photolithography machines is not Essmo, as we all think now. In fact, the first company to make photolithography machines was made by Japan’s Nikon. What is its principle? In fact, the principle is not very specific. Advanced scientific and technological issues are very difficult technically. What do you want to achieve ? For example , if you put more than a billion crystals of this kind on a wafer, it must be photographed first and then etched. For the effect , if you want to be so close , you must use extreme ultraviolet light because its wavelength is only a few nanometers, 1 nanometer, 2 nanometers. Then use that kind of light to illuminate and corrode it, which means you have to For example, if we want to take a photo of a beautiful woman and want to make a model of her , we first apply a layer of this material that is photosensitive and corrosive, and then we take the camera. After taking a picture of this beauty, we will use the corrosion effect to make a model of this beauty. But if we want to take a picture of the earrings on this beauty’s ears, your lens will need to be continuously zoomed in and then zoomed in again. But when you want to take a picture of the hair on this beauty's hair , you have to keep expanding . With Esmore's technology , he can use this to keep zooming in and zooming in, so his machine is very heavy . There are hundreds of these, whether they are magnifying glasses or whatever , and they can produce extreme ultraviolet light , so they can make this technology . But I want to talk about whether your technology may one day be replaced by China. I think even I know this theory . If many high-level scientists in China say they are willing to invest in development, it does not mean that it is impossible to do it. Now we are talking about China investing in the third phase of this fund. He is the first In the first phase, RMB 130 billion was invested in 2014. In the second phase , RMB 200 billion was invested in 2019. The first two phases were probably wasted and had no effect, because we all knew their mentality at that time. The above people also think that anyway, ASML and TSMC can produce for us, right? We can buy it with what we buy, so they are not so urgent. Most of the money is said to be wasted without serious research. Now when it comes to China Mainland China has also discovered that this situation is a matter of life and death. It has already invested in the third phase. This time, the funding has reached a scale of 344 billion yuan. I want to say that when people are like this, you are born in sorrow and die in happiness. You are very happy . I am You can buy things by spending money . After I get them, I may not be very committed or serious about research and development. When you are stuck in the neck, you are facing your life and death. I can’t buy it with what I bought. I have to When you want to make it yourself , then think about whether Huawei has the opportunity to develop such a high-end photolithography machine. It is also possible because it is not the exclusive technology of ASML. I am just saying that there is no way to develop this technology by itself in China . I think that when Huawei invests in these funds and talents, it can be used in technology. It can go to space, go to the back of the moon, collect soil samples, and bring them back. In terms of other research and development , I think As long as he has this intention, he should mean that we can see it in the next few years . At present, SMIC has been able to achieve 7 nanometers, so there is no problem, right? Although it is only DUV, it continuously senses light. If it is enlarged, If I take another picture and then enlarge it, the cost will be higher, right? That ’s what I mean after enlarging, I will take another picture and then enlarge it. If I take another picture and repeat the process, naturally the yield will be higher and the cost will be higher. But After all, he has made 7 nanometers and 5 nanometers. It should and may be successful now . In terms of follow-up, I think that when the money is invested, the talents are mastered , and the technology is available, in the future, ASML will be the same now. I am worried that if he makes it, will I still have a chance to monopolize the market and have an exclusive business all over the world ? Because he will have no customers. If others can make it by themselves, he will not be able to sell it. Enterprises are very nervous about the confrontation between the United States and China. Is Biden nervous? When he was being interviewed, he was currently fighting for the general election. He actually said that the failure of the Belt and Road Initiative was a disgusting failed initiative. He directly used emotional language to describe this as a president. To analyze the Belt and Road strategy, he said it was disgusting , so when such a statement was made, the Ministry of Foreign Affairs of mainland China immediately responded to Mao Ning, saying that Africa is the most active region in participating in the Belt and Road Initiative. Many countries can have the first highway, the first cross-sea bridge, and the first sea-crossing bridge. An industrial park, this is the Belt and Road Initiative. She responded, " If the United States thinks our initiative has failed, please ask the United States to also spend real money and do something practical for the development and revitalization of Africa. Are you laughing? You don't have the money? Just laugh. You can't give it , so basically treat it as China." The special envoy conveyed Xi Jinping’s invitation to African leaders to attend in September. In fact, there will still be a China-Africa Cooperation Forum held in September. The participating countries all feel that it is very special. For example, the Ministry of Foreign Affairs of Uganda said in the past like this The public activities are relatively low-key. For example, the details were announced only a few weeks ago and a few days ago . Now it is early. It is only a few months and June. The details of this invitation have been released, which represents this time that mainland China is facing Africa. Does the China-Africa Forum that opened in Beijing pay special attention to expanding its influence in Africa? For example, Morocco has made everyone surprised. Why is it so important that Morocco has made a lot of large investments? This news tells everyone that the Moroccan government signed a deal with Guoxuan Hi-Tech. The investment agreement for the Gigafactory is a big deal for investment in mainland China. The initial investment alone is US$1.3 billion , and the final investment is expected to be US$6.5 billion. The battery manufacturing of automobiles in China will begin in May. Businesses are working together to make these battery components, electric vehicles, etc. This is the planning and deployment purpose made a month ago. Why is it because Morocco is really difficult to imagine that although it is a small African country, it relies on government incentives, etc. In terms of infrastructure investment, etc., its position is to surpass China and surpass Japan to become the country with the largest export of automobiles in Europe. Calculate the annual production of 700,000 cars , and by 2030, up to 60% of the cars will be domestically produced electric cars. These cars are many. The proportion of sales to Europe is very high , so China’s deployment in Morocco is of course also for the possibility of developing into Europe or other channels . Therefore, when Morocco seeks to expand its relationship with China, it said that it will enhance the production value partnership from 2016 to 2023. It is said to have doubled in 2016 , which is very important to the Moroccan Foreign Minister. It is one of the model partnerships of the Belt and Road Initiative. The National Tourism Administration also made a grand appearance here in Morocco to emphasize that it is not the so-called official exchange that our government is looking forward to. This is the case with Morocco. The National Tourism Administration participated in a top trade event for the first time and also plans to attract 500,000 Chinese tourists to travel here every year . What about China Youth Travel Service and Three Gorges Group? These groups want cooperation from tourists, cooperation in electronic channels, factory cooperation , and new air routes to be opened. This compares to a route that was suspended during the epidemic. Now we are preparing to open direct flights. More infrastructure will be opened soon. China’s railways will enter Europe, Africa, and Morocco. The preliminary design contract for this new high-speed railway has been negotiated with China for cooperation. After the completion of the project, the subsequent infrastructure and earthworks must be designed accordingly. The first Hungary-Serbia high-speed train EMU launched in mainland China was unveiled in Serbia. This is another achievement of the docking of China's railway technology and EU cooperation . This major breakthrough allowed China's high-end rail transportation equipment to go abroad and enter Europe for the first time. In fact, the other country is Bulgaria. Because the EU opposed various countervailing restrictions and investigations , it withdrew and prevented China's CRRC from withdrawing. Bulgaria asked Spain to win the bid. Unexpectedly, after Spain took over the contract , it said it was unable to complete the project within the stipulated time. The project was in vain for a long time because it announced that the high-speed rail project was directly canceled and the original high-speed rail was gone. Under this kind of competition from all parties, it seems not easy for the United States to restrict its partners from cooperating with mainland China on the Belt and Road Initiative or to deny the Belt and Road Initiative. In fact, Biden also has an infrastructure plan with Europe. Painting PGII has cost 600 billion U.S. dollars. So far, not even a single case has been contracted out. It has not been contracted out because there is no one to do it . Because let me tell you about the builders in this capitalist country, they are all privately owned. You said that you are all along the Belt and Road . If you think about third world countries , especially Africa, you will think that I will recycle it in 5 years. How can you raise financing like China does? Financing takes more than 10 years, because China is a very special country and it is an infrastructure company. State-owned enterprises are financed by state-owned banks , and then coupled with the diplomatic strategy, these three factors are combined together, so the diplomatic strategy sometimes has to run a place, and it can be viewed from a 20-year perspective, so no matter what, the state-owned banks must support the state-owned enterprises. In the past few years , Kaifeng Pioneer was losing money. How could there be such a company in Europe and the United States? To put it bluntly, it was like this. Even diplomats from backward places in Europe and the United States were unwilling to go to the South Pacific. You see, the United States even closed down its embassy because He doesn’t want to go at all , so you think about it, so I think this is because the system is different , so why is Biden feeling very upset? Because PGII has been proposed for 2 years and no contract has been awarded yet. This means that it is really difficult for a system like the United States to compete with China in the third world for major infrastructure projects. But if the U.S. government wants to propose a A large budget is said to be used to support PGII. If real money is used, people will not agree with you. If you say it is to subsidize domestic companies, why will their stocks rise? This is because it may take 20 or 30 years to see the full results. For example, in China The mainland is like this , so if you look at Bulgaria, it's a kind of backlash , because Europe thinks that every time China wins the bid, Bulgaria becomes a political case and decides not to give China a result, so the bid is scrapped because China gave it. No one can do the price . Bulgaria thinks that why should I pay the expensive price ? It becomes like this . If you want me not to do it for China, it is more expensive for you. Should the EU subsidize me? This question arises. Bulgaria said that there is no benefit to me from joining the EU. I want to do it for China and you say it’s not good and you won’t subsidize me. So what should I do? I think this kind of problem will appear one after another in many fields. What you have seen more often before is, for example, the construction of high-speed railways or dock water conservancy construction. Now it’s getting more and more extended , because mainland China can do more and more things. Later, airplanes, cars, and a lot of fields will come in, and you will become more and more embarrassed. So of course Biden doesn’t know about the election situation at the end of this year. But it has passed , but the problem of how to achieve economic balance while fighting China is really too big. Take a break and come back soon. Regarding the Belt and Road Initiative , of course Biden has a very negative view , but the problem is that the United States cannot match it. Why does he hate it? Because he I once promised to invest 2 trillion U.S. dollars in infrastructure construction in the United States . We have been to the United States many times . Many highways and bridges have exceeded 40, 50, 50 years and are about to collapse. This is a high-speed rail and there is no one, right? It just happens to be China in the great power game . The method used by the mainland is to fight against you on the economic battlefield of infrastructure. Look at the recently announced waterway in Tibet that will be imported into Xinjiang. The 4 trillion yuan in mainland China's eight horizontal and eight vertical highways and high-speed rails are not profitable around the world. None of the high-speed rails make money, but they have a great effect on the economic prosperity of regional cities. The gap between urban and rural areas is narrowed. So if you look at the infrastructure construction in mainland China, it not only spends a lot of money to improve domestic infrastructure , but also has the ability to support foreign countries. So in this Situation: How does Biden compete with you? How big is China's spending? Is the South-to- North Water Diversion Project cheap? Guizhou has built so many highway viaducts . Yunnan and Guizhou are big spenders in the valleys and mountains and canyons. Today, there are large domestic banks like ICBC that provide 10-year loans and 20-year loans. Which ones are smaller? The country does not want the United States. Brother Liang just made it very clear that he is a free businessman and he cannot repay it in 3 to 5 years. He will collapse. Unlike state-owned enterprises, which have such a large amount of money to support him, Americans are only interested in profit and must get their money back immediately and quickly in everything they do. So when you are overseas, you have to compete with mainland China in infrastructure and economic fields . You are bound to lose this thing. And the mainland has been able to get rid of poverty from poverty to today. How could you have done it without such generosity? Today, you accuse him of being a corrupt official and he has a lot of corrupt images. What is the inhumane management method of this urban management? This is his fault , but he has so many scientific and technological talents and national strategic talents. The 10-year plan and the 20-year plan have been completed. Today we can see the results. The shortcomings of democratic countries. Democracy is good, but its shortcomings have emerged. The president has been in office for four years and has just been preparing for the next one. He doesn’t care whether you have high-speed rail, planting flowers, holding concerts, etc. These things are all short-lived. So this issue is that dictatorship and democracy each have their shortcomings. It depends on the leader . The question of who can persevere to the end is about the impression Biden gave people today. The American people are very sad now. Both candidates don’t like it. Voters are trying their luck, but there is only one choice between the two. There is no way to choose because you don’t have many candidates as president. Funders with tens of billions of dollars support you. It doesn’t matter what you choose. You are a genius . So this question is just here. Take a break and come back soon. When you hate it, you must have done something right. What I want to say in particular is called the Belt and Road Initiative. Everyone is. It explains a very simple thing : how to build this road from China all the way to Europe or even Africa. What kind of roads are there? Including land roads, railways , sea transport roads, right? There are also airport roads. Finally, I think there are still There is a very important road called the Internet . These basic constructions include the Internet. The latest Internet is included in it. So when it comes to these infrastructure constructions, we Chinese say that if you want to get rich, you must first build the road. So you take a look at these basics. Construction projects are all about developing these roads. When you have this transportation, of course goods can flow smoothly. So if you look at the content, it is probably nothing more than railways , ports, and water transportation. Now, when it comes to network regional chain chips, What they say is almost all about the development of transportation infrastructure. The most important thing is that in addition to having such basic engineering or machinery, you have to have related talents.
