Not long ago, the 10th Ministerial Conference of the China-Arab States Cooperation Forum was held in Beijing, and the leaders of the United Arab Emirates, Bahrain, Egypt, Tunisia and other countries attended the opening ceremony in Beijing. As a major country in the world with both strength and influence, China's attitude has given Arab countries a "reassurance" and strengthened their determination to resist US hegemony in the Middle East.
First, in the field of trade settlement, on June 5, the Saudi Central Bank issued a statement announcing that it would join the cross-border pilot project of central bank digital currency led by the Bank for International Settlements and China: the multilateral central bank digital currency bridge project. The second is the field of defense. When the U.S.-Saudi security agreement expired on June 9, Saudi Crown Prince Salman Jr. gave a week's notice to the U.S. not to renew it. Saudi Arabia's two moves seem to be tepid, but in fact the influence is amazing, oil is the anchor of the dollar, but also the basis of the hegemony of the dollar, Saudi Arabia as a representative of the Organization of the Petroleum Exporting Countries, joining the digital currency project means that the oil trade in the Middle East will be settled by digital currency, and the status of the dollar will be seriously challenged. More importantly, the convenience and efficiency of digital currency will gradually exclude the use of paper currency such as the US dollar in the future, and the gold content of the US dollar world currency may be wiped out.
The U.S.-Saudi defense agreement is, to put it bluntly, the United States' "security commitment" to Saudi Arabia, and it is the premise that Saudi Arabia agrees to settle oil trade in US dollars, and now Saudi Arabia has taken the initiative to suspend the agreement, which means that it is "cutting" from the United States in defense, combined with its participation in the digital currency project, releasing a clear signal that Saudi Arabia no longer expects the United States to "protect", and the corresponding "protection fee" is not paid, and who will Saudi Arabia seek support in the future, the 2026 China-Arab summit may reveal the answer. Saudi Arabia's "backstab" means that the Sunnis are breaking free from the control of the United States, which can be said to have done China a great favor, coupled with the deep blood feud between the Shiites and the United States, the United States has no place in the Middle East except for Israel, and this shrinkage of influence will lead to the collapse of American hegemony, which the United States naturally cannot bear. It has been revealed that a large number of US troops have recently arrived at bases in Iraq, Jordan, Bahrain, Saudi Arabia and Oman, and the next move has attracted attention, and whether the Biden administration will take action against Saudi Arabia and other Sunni countries is related to the future trend of the situation in the Middle East.
Taking the Middle East as an example, the wars in Iraq and Afghanistan launched by the United States have brought the development of the Middle East to a standstill, Syria, Iraq and other countries are still in a state of civil war, the world's most energy-rich region has fallen into poverty, and the United States' support for Israel has delayed the end of the Palestinian-Israeli conflict. However, after the United States caused chaos in the Middle East, it also tried to get involved in the Asia-Pacific region and provoke the escalation of the situation in the South China Sea, the Taiwan Strait, and the Korean Peninsula.
Saudi Arabia's "no" to the United States is just the beginning, with the opening of the era of great changes, there will be more and more anti-hegemonic countries to show their swords to the United States, under this trend, the United States' 11 aircraft carrier battle groups are no longer enough, and it is a wise choice to conform to the general trend of the times.