▲ Soros: Xi Jinping’s insistence on clearing is wrong
Financial tycoon George Soros believes that China and Russia have made incredible mistakes, saying that Xi Jinping insists on an unsustainable new crown zero policy, and Russia’s invasion of Ukraine may be seen as a third world The beginning of the Great War, even made it impossible for civilization to survive.
In the face of the new crown epidemic, President Xi Jinping emphasized that his dynamic zero policy should be adhered to. Soros said the ongoing lockdown on the mainland has had disastrous consequences, with China’s economy in free fall since March, citing the Caixin Composite Purchasing Managers’ Index as saying the sharp decline in Chinese economic activity would have global consequences.
These negative results will continue to build momentum until Xi Jinping changes course, he said, adding that following the domestic housing crisis, the associated damage will be so great that it affects the global economy, saying global inflation is likely to turn into a global depression as supply chains are disrupted .
In addition, he also said that Russia’s invasion of Ukraine has shaken the core of Europe, saying that this invasion may be the beginning of the third world war, and other human-related issues such as epidemics, climate change, and avoiding nuclear war have to take a back seat. The line, that civilization may not be spared, believes that the best way to protect civilization; perhaps the only way is to defeat Putin.
[Sir Shi’s Weekly Prospect and Changed Stocks]PetroChina, SMIC and Shenhua
Responsible editor: Liang Haoshuo