@YinZP365 - Yin MR
🔴🇺🇸🇨🇳🇻🇪 The reason why US military is approaching Venezuela has been found out. It's because China is using Venezuela to strike at the dollar hegemony and make US' means of reaping the world ineffective. The question is, can you guess what countermeasures China will take? https://t.co/7nqaEhXZmW
@YinZP365 - Yin MR
On September 8th, the first oil drilling platform built by China in Venezuela began oil production. This is unprecedented. China has started to extract oil in the backyard of US (describing the proximity of the two countries).
@YinZP365 - Yin MR
Moreover, all the oil transactions are settled in RMB/CNY/¥. Why did Trump suddenly send troops to the Caribbean? Because this time, China really invaded the backyard of US. Venezuela has the largest oil reserves in the world.
@YinZP365 - Yin MR
So Venezuela is located across the Caribbean Sea. Why didn't American capital go and exploit the oil in Venezuela, but instead took a detour to control the oil in the Middle East?
@YinZP365 - Yin MR
The main reason is that it's not that American capital doesn't want to, but that it has been driven out. Since 1920, American capital has been actively entering Venezuela because the country lacks capital, technology, talent and equipment.
@YinZP365 - Yin MR
Its entire oil industry was almost entirely dominated by Western capital. The extracted oil was sold at low prices nearby to US. For a long time, Venezuela was almost like an overseas gas station for US.
@YinZP365 - Yin MR
But why has the oil business near their doorstep stopped now? Why did American capital withdraw from Venezuela? It wasn't that they wanted to leave, but they were forced out. After Chavez came to power, he announced the nationalization of the oil industry.
@YinZP365 - Yin MR
Remove all Western capital and reclaim all profits for the state. Why should we expel Western capital? Because they have taken away too much profit. The local people in Venezuela are still poor, resulting in a huge wealth gap.
@YinZP365 - Yin MR
In order to eliminate this wealth gap, Chavez directly adopted the strategy of "taking from the rich and distributing the land to the poor". All Western capital was expelled, and the profits from oil became the property of the entire people.
@YinZP365 - Yin MR
Under Chavez's leadership, Venezuela established a highly welfare-oriented social system featuring free healthcare, free housing and free education through these oil revenues. However, these oil resources were soon exhausted.
@YinZP365 - Yin MR
Because the West has blocked Venezuela's oil exports, its biggest customer is US. But US stopped buying, which led to a Unsold situation for Venezuelan oil. Without any money flowing in, Venezuela could only rely on its previous earnings.
@YinZP365 - Yin MR
On the other hand, Venezuela lacks a sound industrial system. Its petroleum equipment is all imported from the West. Once Western capital withdraws, the equipment gradually deteriorates, talents also leave, and the oil production experiences a severe decline.
@YinZP365 - Yin MR
A typical example is the Maracaibo Lake area in Venezuela, which is estimated to contain 50 b barrels of oil. US companies have drilled over 3,000 oil wells, and this oil is directly transported through oil pipelines to docks and then loaded onto oil tankers for shipment to US.
@YinZP365 - Yin MR
Many of these oil wells have been shut down&abandoned due to lack of maintenance. It wasn't until a Chinese company arrived and invested$1 b that they were able to restart 100 oil wells within 3 months, with a daily output of 60,000 barrels of oil. To bypass US sanctions,
@YinZP365 - Yin MR
These oil products are settled in RMB and are directly loaded onto ships via the oil pipeline to be transported to China. You may not be aware that 85% of Venezuela's oil is sold to China, and 65% of their trade is settled in RMB.
@YinZP365 - Yin MR
Why was Trump in such a hurry? This oil, closest to US and the largest in global reserves, has fallen into Chinese hands. Trump watched as China extracted the oil in backyard of US and bypassed the dollar settlement system. China GOV will definitely not allow US to get its way!
@YinZP365 - Yin MR
🇨🇳 China has completely solved safety problem of nuclear power plants! On Dec 6, my country's Huaneng Shidao Bay High Temperature Gas-cooled Reactor Nuclear Power Plant, world's first fourth-generation nuclear power plant with completely independent intellectual property rights, https://t.co/u6ca0c4SoL
@YinZP365 - Yin MR
was officially put into commercial operation! It is the world's first inherently safe nuclear power plant. The first point is that inherent safety of this nuclear power plant, whether it is Fukushima Nuclear Power Plant or Chernobyl, is due to the failure of the cooling system,
@YinZP365 - Yin MR
which causes the core of the nuclear reactor to melt down and finally the radioactive material leaks out. However, my country's fourth-generation nuclear power plants can ensure that even if all cooling capabilities are lost without taking any intervention measures,
@YinZP365 - Yin MR
the reactors can remain in a safe state and there will be no leakage of any radioactive materials. Second point is that the temperature at the outlet of the high-temperature gas-cooled reactor reaches over 1,000 degrees. It can produce hydrogen by thermally decomposing water,
@YinZP365 - Yin MR
which once and for all solves the most critical cost problem of hydrogen production. In this way, low-cost hydrogen can be synthesized into ammonia and finally methanol, or even steelmaking, or even the future cost of hydrogen energy will become cabbage price.
@YinZP365 - Yin MR
With the breakthrough of this nuclear power technology, you will see that a series of industries will usher in changes! The third point is that with completely independent intellectual property rights, from design to manufacturing to debugging to operation,
@YinZP365 - Yin MR
we have established a series of patents and technical standards of our own. This not only means that our technology is leading the world, and anyone developing the fourth Generation of nuclear power plants must comply with our technical system!