2021年6月6日星期日
Why are Hollywood blockbusters that have become less and less popular in China in recent years?
2021年4月13日星期二
Those high-rise buildings in China to the years, who will demolish, the cost of demolition is so high, how to do?
CNMOULDING discuss some bits and pieces of life with you.
1. there is profit space to increase the volume ratio?
2. let developers pay?
3. owners to protect the rights of the government attention?
4. the owner pay for the repair?
5. house lives hundreds of years?
Is the top a future slum?
2020年10月13日星期二
The Chinese people who have won the new crown show strong consumer power
CNMOULDING NEWS:National holiday, the Chinese people's grand festival!
For the Chinese, the 11th is not only the National Day, Mid-Autumn Festival, but also not only the eight-day holiday, more importantly, this is a national consumption carnival.
According to data published by the State, three groups are of particular concern.
First, from October 1 to 8,637 million domestic tourists, far more than expected.
Second, domestic tourism consumption reached 466.5 billion, and retail and catering consumption alone exceeded 1.6 trillion.
Third, online is even more crazy, only the Chinese market pinduoduo's physical consumption unexpectedly soared 81.5.
This is a very exciting thing for the Chinese economy, but a matter for foreign countries.
Because this represents the overall control of the Chinese epidemic, no longer hidden dangers; represents the recovery of the Chinese economy, and is about to be a comprehensive recovery; represents the strong consumption capacity of the Chinese people, and is growing strongly online and offline.
Most importantly, these consumption, almost all at home.
Our people, from the main point of view, no longer take luxury goods or general goods from Europe and the United States as a capital to show off, they are now more rational, more willing to support domestic.
After an epidemic, let the Chinese recognize not only the so-called democracy, freedom, universal values of hypocrisy in Western countries, but also realize that only by making the country truly strong, the people can enjoy happiness.
And more support for domestic, in fact, is to protect themselves.
The crisis of the epidemic and the economic crisis brought about by the epidemic, especially the technological crisis brought by the Trump administration of the United States to suppress China's high-tech, agree with, believe in and support China's domestic production.
The crisis has become an opportunity for the further rise of domestic production, contributing to the return of most Chinese consumption.
Of course, this is not a good thing for Western countries. When the Chinese mainly choose home-made, Western countries will lose huge markets and huge profits.
With the support of Chinese people, it will also promote Chinese enterprises to have more motivation and confidence to invest in R & D, upgrade their own technology and core competitiveness in an all-round way, so that China's technological capabilities can be improved as a whole. Even beyond the United States, Europe and Japan.
Even in the technical field, just a pure consumption of tourism, the global epidemic, so that the world's largest tourist group Chinese choose to travel at home.
Before the hot spot Europe, completely lost the Chinese tourist, the loss is heavy. Especially before the Chinese favorite Japan, without Chinese tourists, that is called a miserable!
So, just a long holiday, the Chinese people show a strong consumer power, Europe and the United States, Japan are sour, but also worried that this consumption power will stay in China after more.
Yesterday, according to the World Economic Outlook report released by the International Monetary Fund, the global economy is expected to shrink by 4.4 percent by 2020, while China's economy will grow by 1.9 percent, the only major economy in the world to achieve positive growth. China's economy will soar to more than 8% by next year.
Of course, an outbreak also completely restored the truth: whether in Europe and the United States or in Japan, even in Taiwan Province of China, Hong Kong, all garbage is thrown by mainland Chinese people, all uncivilized things are done by mainland Chinese people.
But now the mainland has not gone to Europe, America, Japan, even Taiwan Province, Hong Kong, these places are still garbage everywhere, uncivilized behavior everywhere.
2020年10月6日星期二
First half GDP in 2020
The United States fell 4.6 percent, so what about China?
2020年10月4日星期日
The yuan's exchange rate has soared, becoming a haven for global capital
Unconsciously, the RMB exchange rate has risen from 7.18 to 6.74, up a lot. On the one hand, the rise of the RMB exchange rate shows that the United States has unlimited printing of banknotes and the value of the United States dollar has been reduced, on the other hand, China has taken the lead in controlling the epidemic situation, restoring economic growth and becoming a safe haven for global funds. But attention should also be paid to the impact on exports of rising renminbi exchange rates, and hot money inflows will increase the risk of volatility in domestic capital markets. From the bottom of March, the yuan rose from 7.18 to 6.74, up 4400 basis points, and rose 3.71 percent in the third quarter, the best quarterly performance in 12 years, after the 2008 financial crisis.
The RMB exchange rate rose sharply, corresponding to the decline of the dollar index. Since the outbreak, the Fed has been printing money to save the market, making the dollar liquidity flood, the dollar value naturally reduced, the rise in the renminbi is understandable. Since the outbreak of the new crown, the United States Congress has passed four stimulus packages, allocating nearly $3 trillion. On Oct.1, the U.S. House of Representatives voted to pass a new $2.2 trillion stimulus package. Imagine that ordinary American who don't have to work in the epidemic receive higher wages than Chinese white-collar workers, and someone must pay for the money. At the same time, China's first control of the epidemic, economic growth, but also make our country a safe haven for global funds, now the only investment in China is safe, only Chinese factories are fully resumed production. At present, the second wave of the epidemic situation in Europe and the United States has arrived, but our country dare to let go of control, the introduction of 8 days of National Day Mid-Autumn Festival holiday to stimulate the economy, Western countries can only envy and hate. To control the epidemic situation is, on the one hand, vaccine research and development, China's vaccine has entered the third phase of clinical trials, in the existing large number of clinical data, no one has side effects, the effect is very obvious.
But we should also guard against the negative impact of the rise in the RMB exchange rate on the economy. The rise in the RMB exchange rate will inevitably reduce the relative competitiveness of Chinese export enterprises, plastic injection molding business already face such a problem now. Japan was forced by the United States to raise the yen exchange rate, which greatly hit the export competitiveness of Japanese goods. In the end, Japan's economy fell into recession for 20 years. Even now, the GDP of 2019 in Japan has not exceeded the level of 1995.
Of course, the sharp appreciation of the RMB exchange rate, exports will certainly be hit. As Cnmoulding, now injection molds order is lower than before. However, since the outbreak, China's export situation has been improving and even positive growth has occurred in August, mainly because of the unparalleled superiority of our domestic perfect supply chain system under the great destruction of the global supply chain. Manufacturing in many countries has been hit hard by the epidemic. The impact of the RMB exchange rate on China's exports must at least wait until the epidemic is controlled. On the other hand, the inflow of hot money into the country will also aggravate the turbulence in the domestic capital market. The characteristic of hot money is that it comes and goes quickly, and if the Fed's policy changes, the enthusiasm will flow out quickly. The domestic stock market will fall into violent shock in a short time, this is also bad. Similarly, at the beginning of this year, the stock market in the United States fell into a continuous fuse, also because of the huge impact of the epidemic on the economies of various countries, countries have withdrawn funds from the United States market, the result of the withdrawal of hot money. A rise in the RMB exchange rate means that the value of the RMB is recognized by the international market, and the exchange rate rises by 5%, which means that the GDP has increased by 5%, and the overall national strength of our country is bound to rise. But we should also pay close attention to export competitiveness and the flow of hot money, control the rhythm.
2020年9月28日星期一
World Bank, China's economy may increase 7.9% in 2021
On September 29, the World Bank released its October 2020 semi-annual report on East Asia and the Pacific: from containment to recovery, with China's economy expected to grow 7.9 percent by 2021.
The report notes that the new crown pneumonia epidemic has had a triple impact on developing economies in the East Asia Pacific region: the pandemic itself, the impact of preventive measures on the economy, and the impact of the crisis on the global economic recession. Rapid action was needed to ensure that the pandemic did not affect economic growth and increase poverty in the coming years.
The report states that some countries have so far effectively curbed the spread of the virus and that domestic economic activity has gradually recovered. But Asia-Pacific economies depend heavily on the rest of the world, and global demand remains weak. The region is expected to grow by only 0.9 percent in 2020, the lowest rate since 1967. China is expected to grow by 2.0% by 2020, with government spending, strong exports and low new infection rates helping. Other countries in the Asia-Pacific region are expected to shrink by 3.5 percent.
The report also said that the Asia-Pacific region's prospects for 2021 are brighter, based on the assumption of sustained recovery and normalization of economic activity in major economies, and linked to the possible availability of vaccines, China is expected to grow by 7.9 percent and other economies in the region by 5.1 percent. However, the output is expected to be well below pre-popular projections over the next two years. The outlook is particularly acute for some of the more exposed Pacific island countries, whose output is expected to be about 10 percent below pre-crisis levels by 2021.
The report predicts that poverty will rise for the first time in 20 years in the Asia-Pacific region: as many as 38 million people are expected to remain poor or return to poverty as a result of the pandemic (according to the upper-middle-income poverty standard of $5.5 per day).
The World Bank's Vice-President for East Asia and the Pacific, Victoria Kwa, said:" The new crown pneumonia epidemic not only hit the poor the most but also created a group of' new poor'. The Asia-Pacific region faces unprecedented challenges and governments face difficult choices. But there are also sensible policy options available that can reduce these trade-offs, such as investing in better detection and tracking capabilities and continuously expanding social protection to include the poor and the informal sector ."
The report warns that without simultaneous action on multiple fronts, the pandemic could cut regional growth by one percentage point per year over the next 10 years, with poor households most affected by less access to health, education, employment and financial services.
A huge fiscal deficit in the Asia-Pacific region by 2020 is projected to increase government debt by an average of 7 percent GDP. The report calls for fiscal reform to mobilize revenue by increasing progressive taxes and reducing wasteful spending. In some countries, the stock of outstanding debt may have reached unsustainable levels, requiring greater external support.
"Many Asia-Pacific countries have managed to contain the epidemic and provide relief, but efforts are needed to achieve recovery and growth," said Aditya Matu, the World Bank's chief economist for East Asia and the Pacific. Current priorities should be the safe return to human capital; the expansion of a narrow tax base to avoid cuts in public investment; and the reform of protected services to take advantage of emerging digital opportunities ."
China is now facing decoupling from the U.S. economy, a small mold company we can't control. As an export-oriented manufacturing enterprise, all we can do is to improve our ability. When the global trading environment gets warmer, if we are still alive, it is successful.
2020年9月20日星期日
China's real economic growth this year exceeds international estimates
The International Monetary Fund forecasts a positive growth of 1 percent of China's economy in 2020, the only country in the world's major economies that are growing. China's economy is forecast to grow by 1.6% by 2020, and the latest figure OECD( the Organisation for Economic Cooperation and Development) is 1.8. "But I think China's real growth in 2020 will exceed these international organizations' expectations ."
On September 19, a forum on "promoting entrepreneurship and promoting high-quality enterprise development" and the launching ceremony of the "Talks" program were held in Beijing. At the forum, Zhu Guangyao analyzed the current global economic situation.
"As soon as possible to form a large domestic cycle as the main body, the domestic and international two-cycle mutually promote the development of a new pattern is crucial ." Zhu Guangyao said that in order to achieve high-quality and sustainable development of China's economy and form a new pattern of development as soon as possible, there are five aspects of uncertainty to face up to.
The first is the uncertainty of the development of the global new crown pneumonia epidemic and its continued impact on the global economy. "This is the worst public health crisis in a century. At the same time, it has caused a huge impact on the world economy. We must be vigilant, and we must use our stable development, sustainable development, high-quality development to overcome this uncertainty ."
The second is the uncertainty of global industrial chain and supply chain. Among them related to the domestic people's life and health of the medical industry, key industrial adjustment, more prominent regional cooperation, digital economy, online transactions busier to adjust the industrial chain, these uncertainties should be accurately grasped, at the same time to effectively deal with.
The third is the uncertainty of financial market stability. What is directly related to financial stability is the global payment system. In order to deal with the abuse of "long-arm jurisdiction" in the United States, the European Union has introduced the monetary payment system of eurozone countries, which is a very important change. "So the instability in financial markets deserves our vigilance and attention to further changes now and even next year ."
The fourth is the uncertainty of the development of the digital economy. The development of the digital economy has indeed brought great hope and conditions for the healthy and sustainable development of China's economy and the rejuvenation of the global economy. But it is also important to see the infrastructure of policies that need to be advanced in this area, including data security, privacy protection and cross-border data flow.
Finally, geopolitical uncertainty. "In the face of geopolitical uncertainty, we adhere to China's policy position and principles, do not conflict, do not confront, mutual respect and win-win cooperation, is in the interests of China and the world, peaceful development will not be rewritten because of the new crown pneumonia epidemic, the trend of world economic globalization will not change ."
Although CNMOULDING is only a small injection mold and plastic molding company, we hope all Chinese enterprises can face the challenge. We need to work together to overcome this uncertainty with the stability of economic development.
2020年9月11日星期五
Nomura: China's economy is expected to grow 9.4% in 2021
$3 trillion into China
All indications are that more and more global money will accelerate into the Chinese market. As expected, things have made the latest progress. According to a new report published by Nomura, the GDP, of China for 2020 and 2021 increased from 1.7 percent and 8.8% to 2.2% and 9.4% respectively.
Another development is that Russian media reported on RT9 9, a new survey found that 92.1% of American companies in China still plan to continue production operations in the Chinese market and do not leave. Mark McPlus, known as the "Godfather of emerging markets," said recently that our position in China is the largest. Our revenue target is 20% per year. In the next 10 to 20 years, we expect China's opportunities to continue to expand.
'I've always been bullish on China,' he said because since I first came to China in the 1970s and began investing in China in 1987, I've seen how the Chinese are making progress for a richer life, which is incredible. China's rise as one of the world's fastest-growing countries is encouraging and offers investors like me an excellent opportunity to invest in world-class Chinese companies. These companies have the highest return on investment in the world and the fastest profit growth in the world. This also confirms, we have mentioned many times, the Chinese market is becoming the world's most important investment harbor.
At the same time, global investment banking institutions, including Goldman Sachs and west pacific bank of Union Bancaire Privee、, have adjusted their forecasts for yuan assets over the past two weeks to see the yuan strengthen. Most institutional investors believe that short-sellers have begun to concede.
UBS recently said that the Chinese market is attractive globally because China's GDP share of global GDP is increasing year by year. Nevertheless, the proportion of international investors holding renminbi assets is actually not high compared with the proportion of GDP. In addition, Chinese assets account for only 4% of the MSCI global index, which means that there is more room for future international investors to invest in the renminbi asset market.
In the bond market, for example, Bloomberg reported earlier that renminbi bonds were more attractive than dollar bonds and German bonds. Foreign institutional investors held up 2.344 trillion yuan in Chinese bonds in July, up 38 percent from June, a record high and the 20th consecutive month, according to the latest data released in August.
Global asset manager Jingshan earlier said the move was expected to attract about $1.2 trillion into china's bond market over the next five years as Chinese government bonds and policy bank bonds are officially incorporated into more international bond indices. Market participants said the chances of Chinese government debt being included in FTSE's global government bond index later in September were high, and Standard Chartered said it expected larger inflows by 2021, totaling about 2 trillion yuan.
This further confirms the view that more and more money will flow into the Chinese market. Just as Wall Street's commodity king, known as the most visionary Wall Street investment master, billionaire Jim Rogers has been a staunch fan of the Chinese economy. He believes that RMB assets will become one of the most important monetary assets of the 21st century. Long-term investment in the Chinese market is a wise choice for global investors.
Not only that, Charlie Munger, partner of Warren Buffett, a stock god, said publicly a few weeks ago that China's capital markets were a better choice. And Forbes.com recently published a review entitled "Why Buffett sees China ", Buffett said the Chinese economy is destined to have a bright future. That means Buffett and his partners have long been bullish on the Chinese economy.
Also worth mentioning is the success of Miriam Turk, chief executive of Canadian Clear Blue, who invested in a Chinese auto company through Buffett, praised China's strategic layout and global investment vision, and called on the United States to learn from the Chinese economy.
2020年6月30日星期二
Three Concepts of China's Economy
Exports are expected to remain flat or even grow last year
Disturbance of A stocks in peripheral markets
The exchange rate is expected to rebound
2020年6月27日星期六
Has the Chinese economy recovered
The Secret Behind Sales of Cars, Cellphones, Excavators and Instant Noodles
I. CARS
II. Cell phones
III. Excavators
IV. Instant noodles
2020年6月6日星期六
Talking About China's Share Economy
To save the economy, it can be seen that the economic situation in China is really very serious now, and the unemployment situation is very severe
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China stall |
2020年5月27日星期三
Economic Situation in China after the Epidemic
The impacts of the epidemic on the economy
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China Economy |