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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?

 Fast & Furious 9 Release 17 Days With Only 1.3 billion-CNMOULDING Tell You Real Chinese Market



Not "more and less popular", but "no good migrant films in recent years"
(Little knowledge: migrant workers film means that even migrant workers are watching, describing its high heat)
Hollywood dipped with superhero movies. When the limelight is booming, they call British fans lemon essence and are prophet when the type declines. Of course, there is also the impact of the delay of shooting progress. Good films will generally not be selected, but only bad films will try their best to overcome the difficulties and go public in time.

Apollo 13 Fast and Furious ugly, right? However, before Independence Day 2 Global Storm was already ugly. But at that time, many of the good films reached the heat of migrant workers, until the good films did not, only garbage.
I didn't catch up with the wave of dance and western movies, but the 1990 s wave of science fiction and action movies I caught up with —— Now you think 5% of it was good, but 95% of the audience didn't escape.
There are actually good movies right now, such as 1917. But this kind of high-quality film often has limited commercial popularity. If you really want to drive the market, —— for something like Iron Man 1 and Nolan Batman is either new or meaningful.

For example, due to the popularity of GoldenEye 007, the action film + was a hit in the 1990 s, and Mission: Impossible was the beneficiary. The old IP movies absorb the elements of the tough guys of the 1980 s action movies and refresh the CG technology of the science fiction movies. But within a few years, the audience was tired of watching, Bruce South after the post-007 reputation is very subtle, "Mission: Impossible 2" is also controversial, then "Impossible" came out, everyone exclaimed, "action films can be done like this!" So we see Putin 007 style 180 degrees of change.

As for whether the taste of Chinese film audiences will be dominated by Chinese films in the future, I am very definitely impossible.
The truth is very simple when the Japanese economy is booming, it is the world's largest film market outside the United States. However, the top of the Japanese film box office is a lot of imported films, domestic films rely on animation to support the scenes. Hollywood movies are not American blockbusters, Hollywood movies are commercial blockbusters, as long as the market is commercial, it must not fight Hollywood.
As for the domestic film market, it is hard to say, because foreign films can be banned in China as if domestic TV stations ban Japanese animation. However, after the ban, domestic animation turned over the decision? No, we all ran to the Internet to watch the Japanese animation. Now the Internet also began to ban Japanese animation, so the domestic animation will turn over? Impossible.

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?


No way.
Now the standard residential design, residential 3 meters per floor exactly not more than 100 meters, more than 100 meters part of the money is not very cost-effective. With the exception of a few special cases, such as Beijing, where houses are generally shorter (more than 50 meters), Shenzhen and Chongqing buildings are particularly high (200 meters), most cities are dominated by 100 meters high residential areas.
At present, in Beijing, Shanghai and even all over the country, the demolition of bungalows is the mainstream, demolition of tall buildings is a very small proportion. For example, the Beijing Temple of Heaven shed reform, the original return to the owners to "expand the area ", otherwise it is difficult to remove the movement. As house prices rise, the higher the house price, the more difficult it is to demolish, so that even bungalows can not be demolished.
You can go to see Beijing's Wuli Tuo, which from a year ago began demolition, to now only a part of the deal. Our office in Shanghai was originally in Huangpu District, below is a collection area. The levy began in 2015 and had not been dismantled by 2018. The bungalow is so difficult to demolish, let alone the building?
This is the case today. What about the future? It will only be harder!
If this is considered over decades, the population problem may not support increasing profits by increasing the volume ratio. So, first, the volume rate bottleneck has been reached, second, the government is unwilling to demolish tall buildings now, and third, the future profit space will be further compressed. In short, there is no profit space, when the time to remove is unlikely.




2. let developers pay?


No way.
The design standard of building a life of our national residence is 50 years, the warranty period of the main structure is consistent with the design standard of building life, that is, the owner is responsible for the main structural problem for more than 50 years. I hope you find out, now is the market economy is not planned economy, you bought commercial housing developers are not your "unit ", the house is your own, of course, you are responsible for maintenance.
For example, the main structural problem is not only the building shell on the ground but also the foundation. In 50 years, if the foundation goes wrong, it will be strengthened at a cost of tens of millions (now) a building. Even so, if it can be strengthened, it may be cheaper than dismantling and rebuilding, depending on the specific plan.
Who should pay this money? If I were a developer,50 years later you suddenly changed the law and asked me to pay the bill, I promise to receive a message 10 years in advance to move an old and young family abroad.
What is the strategy of domestic developers in recent years?
They sold the house to the people while they were working hard, and they put money overseas. The house is so good now why developers do not buy their own house, a batch of foreign houses. Domestic house is so good, so there is room for appreciation, why go abroad to buy those need to pay property tax house?
Finally, how much probability do you think the developers you buy, or the sense of social responsibility, will fly back to save the small owners after 50 years?

3. owners to protect the rights of the government attention?


No way.
Some say the government will not tolerate the disrepair of many old buildings in the city. I mean, just build something to keep them out of sight? Nanjing Confucius Temple demolition, in order not to let tourists notice the demolition of the building, the demolition side found a few cars to seal the intersection. From a world perspective, face engineering is not original in China. After all, spend little money and do a lot of things.
Now government demolition is good, land finance. In fact, some of the so-called "dangerous houses" are not dangerous houses, just for the land to install a dangerous house or shantytown title. Because the 2011 levy limits the type of demolition
But now the real dangerous houses are mostly in the warranty period, the government can use various means to force developers, construction parties to solve, a small number of self-built houses do exist security risks the government can cover the bottom.
As mentioned earlier, now there is a trend of demolition and demolition, and in the next 30 years, a large number of concentrated construction of commercial housing areas when there are problems is not a matter of two residential areas. No matter how to protect the rights of finance also has no ability to cover all. In accordance with the provisions of the law and predict future policy trends, so that owners themselves more international practice.

4. the owner pay for the repair?




It's not impossible. Hard.
Heard that the Chinese are scattered sand this sentence? Because of the defects of the property system in our country at present,85% of the residential areas have no industry committee, and it is difficult to operate normally. China's residential area is very large, beyond the reasonable boundary of collective action, the cost of cooperation is greater than the individual income, the collective tends to wait and see in situ. Without special factors, a high probability is impossible.
The vacancy rate of most residential areas is relatively high, and one can not be ignored is the high rental rate. Beijing lot good community, rental rate can be up to 20%,30%. That is to say, do not consider the problem of vacancy, a third of the owners do not live in the community.
Weihai, Shandong, such seaside cities to travel, can use the residential app to find local residential areas, to see where almost no owners live in the community is like. That is Beijing, northeast of the owners of hot-headed buy houses, such a community now that the elevator is broken no one cares, after the foundation problems how can everyone pay?
The problem of owners raising funds is not whether a single owner pays, but must be someone who does not pay or simply can not contact. This is not too small and uneven, it is impossible for 30 people to pay 100 people, so it is not realistic to expect owners to pay their own annual "maintenance" of the house.
Although there is a public maintenance fund when buying a house because there is generally no industry committee, the maintenance fund is not supervised by the construction committee account, and the property company can dispose of the money almost unrestricted. The problem is likely to be a bad one for decades when you really want to overhaul. There is also inflation.
Others say that the property tax to take part in the house repair, this is not realistic, the government took 70 years of land transfer gold is not used to repair the house, why the property tax to repair the house? The government is solving the public part, now the financial burden is so heavy, all pointing to the owner to save. Owners pay for the government to repair the road debt is not finished, how does the government pay for the owners to repair the house?

5. house lives hundreds of years?


At this point, I particularly believe in "made in China ".
Because now the owner is shrewd, when the house is closed with the surveyor, the floor empty drum this kind of knock to know the small fault can not be confusing, so the problem is in the "invisible" place.
There is no problem with the place you see, and the other side is that the invisible place is more or less problematic.
The construction is subcontracted layer by layer. Conscience is half of the industry people say yes, and half say no, do you think there is? If a first-tier city is formal, what about the third and fourth lines? A large real estate developer in a western city, the foundation is loess needs to be strengthened, the reinforcement project is wrapped to the construction team in the nearby village, the construction team takes local materials, the local rich loess is poured down to do the reinforcement. Now 19# building maximum tilt 30 cm, such a house sold in the local boom, house prices have doubled.
Made in China like this,50 years has become a problem. If something goes wrong in 50 years, at least not beyond the warranty period, but the developer will run early. If you exceed the warranty, you don't have to run.

Is the top a future slum?


I think I'm right! Most of those who say this is from a global perspective and most of those who oppose it are in the context of rising house prices in China. This is the final summary of the topic.

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.



Originally, mainland Chinese people have been in the back of the pot!

On the contrary, in mainland China, littering is less and less, uncivilized behavior is also less and less!

 After this outbreak, all Chinese, including china mold maker, have more confidence.


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?

No need to say, everyone also knows that Chinese science and technology ah, decades ago is still very weak, after years of development, the level of science and technology has finally caught up. With the development of science and technology, our life has changed dramatically. Looking back on life more than ten or twenty years ago, we feel like dreams.

It is also thanks to the great progress of science and technology, so our country's economic growth is also very rapid, especially valuable, our economic growth has always maintained a relatively fast speed, and by contrast, developed countries like the United States, Their economic growth rate has been very slow.

This year is also an unusual year, because the outbreak caused a certain degree of "degradation" of the world's economy, according to statistics, only two of the more than 200 countries in the world have maintained positive economic growth. Come today to tell you the first half of 2020 GDP ranking: the United States fell 4.6, so what about China?

 Let's first look at the GDP of the top US, which GDP reached $10.11 trillion in the first half of the year, shrinking 4.6 percent from last year. But as we all know, the United States is one of the worst countries in the world. Under such severe circumstances, the United States can still maintain a $10.11 trillion GDP, which has to admire the strength of the United States.

However, to admire, the real king is still China, our country is the first outbreak of the epidemic, after a difficult war and epidemic, our economy fell in the first quarter, but the second quarter has been restored. The economy began to grow again, GDP in the first half reached $6.5 trillion.
China has given the world a perfect answer, and the big problem of the epidemic has not defeated us. On the contrary, it is an opportunity to make us more powerful. We have begun to hide our strength and continue to develop. China mold maker believe that in the near future, Our country will develop like other countries.

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

Today, the second half of 2020 began, the new crown pneumonia epidemic is still spreading around the world. 
How will exports, the stock market, the property market, employment, new infrastructure, poverty alleviation, fiscal policy, the RMB exchange rate, small and medium-sized enterprises, and other areas perform in the second half of this year?

 Exports are expected to remain flat or even grow last year

China's exports have rebounded as the country's return to work and production has been largely realized and the multi-country epidemic has stabilized. According to official data, China's exports fell 4.7 percent year-on-year in January-May this year, down 1.7 percent from January-April, and 6.7 percent from the first quarter.
 According to the Canton Fair, known as China's "barometer" and "weather vane ", most of the exhibitors have a common feeling: the most difficult time has passed, and exports for the whole year are expected to be flat or even increase from last year.

 Disturbance of A stocks in peripheral markets

Except for the Shanghai Composite Index, which fell 2.15% in the first half of this year, the other major indexes of A stocks all rose sharply. According to data from financial data service provider tonghuashun, as of 15:00 Beijing time, the deep index rose 14.97% in the first half of the year, the small and medium-sized index rose 20.85% in the same period, and the gem index rose 35.6%, far better than the performance of other major global stock indexes.
 In response to the trend in the second half of the year, the Great Wall Fund Chief Economist told Vida that China's economic recovery is better than market expectations, but also significantly better than the European and American countries.
 From a short-term perspective, the current and future period of liquidity easing pattern will not change, China's economic recovery trend is determined, the current valuation of A-shares in the historical low position. From the medium and long term, as long as China insists on reform and opening up, scientific and technological innovation and industrial upgrading, the prospects for A stocks are optimistic.

 The exchange rate is expected to rebound

 From the point of view of economic recovery, compared with developed countries such as Europe and the United States, the current Chinese epidemic control is better, the economic machine has been restarted and gradually on track, IMF the latest estimates show that China may be the only major economy in the world to achieve positive growth this year.
 From the external dollar index trend, u.s. the epidemic is repeated, the economy is deep in recession, unemployment is high, domestic ethnic and social contradictions intensified, many states suspended or suspended economic restart, u.s. stock market adjustment pressure again, the federal reserve reckless quantitative easing policy "sequelae" will also gradually appear, the dollar index is expected to gradually fall to 95 or lower levels, the constraints on the yuan will be weakened.
 Chinese and foreign spreads remain high. Against the backdrop of global easing, negative interest rates, and zero interest rates, China still has a rare positive return space, and as domestic stock markets stabilize and the attractiveness of renminbi assets increases, cross-border capital inflows will increase, supporting a stronger currency. "Taken together, the RMB exchange rate is expected to rebound in the second half of the year as a whole, but there may be adjustment pressure at a time when the Sino-US game and the epidemic are repeated.
 Official articles are always more optimistic than our folk. As a plastic injection factory operator, I personally feel that the overall Chinese economy is OK, neither too good nor very bad. Some industries affected by the epidemic will be very difficult.

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

 The highest number of Chinese car sales was 28.88 million in 2017, and the highest number of global car sales was the same year,95.66 million.
 2018 was the first decline in Chinese car sales after 28 years of sustained growth and continued to fall to 25.77 million in 2019. Global car sales also fell for two consecutive years in 2018 and 2019.
automotive economy
 Chinese car sales outstripped u.s. in 2009. China accounted for just 8.7% of global auto sales in 2005 and 28.2% in 2019, but the highest figure was 2017, or 30.2%.
 China's auto sales fell 18.6%,79.1%, and 43.2% from January to March 2020, and rose 4.5% and 14.7% from April to April.
 CNMOULDING produce plastic molding parts for many well-known automobile companies, our feeling is that the market tends to be saturated.

II. Cell phones


 China's domestic handset shipments and its smartphone shipments peaked in 2016 at 560 million and 520 million, respectively. China accounted for 23% of smartphone shipments in 2011 and 96% in 2019.
 China's mobile phone production peaked in 2017 at 1.89 billion. In 2019 it was 1.7 billion (1.115 billion smartphones).
 China's domestic smartphone shipments fell 36.6%,54.7% and 21.9% in January-March 2020, up 17.2% in April, but 10.47% in May.
 Global smartphone shipments peaked at 1.473 billion units in 2016 and 1.371 billion units in 2019.

III. Excavators

 China's excavator sales, which hit a record 194,000 units in 2011(at the end of the $4 trillion), made Sany's Liang Wengen the richest man on the mainland in 2011. After four consecutive years of decline,2016 re-growth,2018,2019 set a new high of 20.3,236000 units.
 Sales of excavators in China fell 15.4% and 50.5% in January-February 2020,11.6% in March and 59.9% and 68.0% in April-April. In particular, the monthly sales of 49408 units in March, a record high. There were 45427 units sold in April. Only four months have historically sold more than 40,000 excavators a month, as well as 44278 in March 2019 and 44150 in March 2011.

 IV. Instant noodles

 WIND data from the World Instant Noodle Association (founded in Tokyo in 1997) began in 2007. China's demand for instant noodles (which seems to be sales) was 45.8 billion, or 48% of the world's total. The highest ever demand for instant noodles in China was 46.2 billion in 2013. In 2019, China's demand for instant noodles was 41.5 billion, accounting for 39 percent of the world's demand. The main reasons may be one is the improvement of living standards, the other is the increase in take-out and the reduction of consumption of instant noodles.
Overall, China and the world's two important consumer goods sales of cars, mobile phones reached their peak in 2016 and 2017, I do not know when to hit a new high. It may reflect the basic saturation of the first purchase population and the replacement renewal demand. China's excavator sales, but in 2018,2019 hit new highs. The first three months of this year were affected by the epidemic, China's car, mobile phone sales fell significantly year-on-year, resumed growth in April, car growth in May, mobile phone decline. Excavator sales, in March, hit a record high, infrastructure drive is obvious. Instant noodle sales, which fluctuated downwards after reaching a record high in 2013, also indicate an escalation in consumption and a decrease in consumption of relatively low-end foods.

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

Recently a number of provinces have been introduced to allow the relevant measures to set up stalls, some people worry, if everyone set up stalls, then who will consume? The grim form is also a reminder to any of our injection molding companies that if you can't keep customers, you can only set up a stall.

 This question confuses the logic, the implication, everyone goes to the stall, means all buyers become sellers, so who goes to the stall to buy things? So where does money flow and how can the economy be boosted? It's not like that. We can sort it out.
 China stall
 First, there is no room for everyone to set up a stall. That people do not go to the stall, they wait to enjoy life. Those who have stable work will not go to set up stalls, set up stalls in the sun and rain, earn hard money, those who have work will cherish the work they still have now, even if pay cuts, many people will still work well.
Civil servants and institutions will not go to the stall, iron rice bowl in hand, a cup of tea to a newspaper, they will go to the stall? Wouldn't they be laughed at if they were seen by the heads of other sections? So there isn't a situation where everyone goes to the stall, which is a bit of a worry.
 Second, because there are more people in the stalls, so no one to consume? In fact, we don't set up stalls, we all have to spend. If there are no stalls, then people go shopping in the mall, go shopping in the supermarket, but because these places have to pay high rent, the price is more expensive, and the sharing of things cheap, can increase the desire to spend, so it will not be because someone set up stalls no one to consume, but will increase the overall consumption.
 At the same time, there is no stall, outside is very cold, no one will go out, home every day. After having the stall, the popularity rises, the shopping is many, has the flow of people to produce the economic activity, therefore says "the stalled economy is the human fireworks, is the Chinese hope "!
 Third, the opening of stalls is a special occasion, affected by the epidemic, the unemployment rate has increased, some people have no work, by allowing the stall, can be the most direct and effective way to solve the problem of unemployment so that the temporary unemployed can support themselves so that everyone can tide over the difficulties together.
 Similarly, the stall is to do business, if the stall made money, will also take to spend, if not allowed to set up stalls, unemployed at home no income, with what consumption? But set up the money, will also go to spend, at this time will change from the seller to the identity of the buyer, thus creating new economic increment, bring more money circulation.


2020年5月27日星期三

Economic Situation in China after the Epidemic

The impacts of the epidemic on the economy

The new crown epidemic has caused a great impact on the economy, first of all, the offline real economy consumption area has been hit, and some contact consumption and some non-essential consumption of residents have been affected. At the same time, we also see that new consumption is still expanding to play a role, now convenient online shopping mall consumption, e-commerce, and so on, even during the most serious period of the Spring Festival epidemic also guaranteed the basic life of 1.4 billion people. With the situation of prevention and control of the domestic epidemic situation continues to improve, economic recovery has gradually become the focus of attention. At this time, whether operators or consumers are looking forward to a wave of "retaliatory consumption" coming. Merchants to recover the heavy losses during the epidemic, consumers are released in the home closed for a long time to eat their own dark cooking for 3 months knot, both are indispensable, together to put the national economy back on track. Inadvertently," retaliatory consumption "has become a fashionable word, by the market's high expectations.
China Economy

What is the difference between the new coronavirus and SARS in 2003?

As far as the SARS epidemic is concerned, according to the statistics released by the World Health Organization on August 15, 2003, the total number of confirmed cases worldwide is 8422, involving 32 countries and regions, and the cumulative number of cases in China is more than 8000. It is not difficult to find that China is a severe SARS disaster area, in a sense, once the domestic epidemic is eradicated, the global epidemic is basically over. In fact, since the end of June 2003, China's SARS prevention and control work were "double lifted ", the entire national economy quickly back on track, China's economic and trade exchanges with other countries have not been particularly seriously affected. And offline new crown pneumonia epidemic, although the Chinese epidemic has been controlled, the economic consumption field has not returned to normal.

What is "retaliatory consumption "?

For the opening of the business,3 months did not open, its impact can be imagined. For example, the catering industry, the catering industry is really not easy, a slight price increase is also understandable. But there is a need to strike a balance between price increases and customer consumption levels, so I believe that customers who go to spend can understand. It is also hoped that the government will support the catering industry more and let them through this difficult time, rather than just thinking of passing the difficulties on to customers, after all, everyone is not easy. Local governments have taken this into account, many regions began to issue consumer vouchers, which seems to some extent to ease the price and consumption between the contradiction. According to incomplete statistics, in just over a month, more than 30 cities in 17 provinces of the country announced that they would issue consumer vouchers to the public. "When consumption is restrained, the government issues coupons in a way that better addresses current price increases, low mass consumption, or promotes restorative growth." Lian Ping, chairman of China's chief economist forum and chief economist of Shixin Investment, said, but he also warned that the use of consumer vouchers should be targeted to meet the different needs of different industries. For example, catering, leisure, and entertainment industry demand are large, consumer vouchers should also make more contributions here. For the general public of our citizens, after the Spring Festival, a lot of ingredients are a little price increase, my mold company afraid it is two months did not open business, the cost is counted on the current consumer. "Wages have fallen, prices have risen, and there are no tears to cry ." "I haven't started retaliatory spending yet, and so on to retaliatory price increases." What do you think?

2020年5月18日星期一

Chinese new economic growth after masks

Hype mask hype helmet! More than 200 million new helmets- It's an exhausting way to boost consumption

Snap masks at the beginning of the year and helmets in the middle of the year. Near June 1," one belt "new deal is about to be implemented, the market for helmet short-term demand surge, driving helmet consumption not to say, but also led to the rise of related concept stocks.

On 21 April, the Ministry of Public Security's Traffic Control Bureau issued a notice of action to deploy "one belt around the country" throughout the country. On 14 May, it joined the traffic control and monitoring system. Since June 1, it has been legally investigated and corrected that motorcycle and electric bicycle drivers do not wear safety helmets and ride riders do not use seat belts. After the notice was issued, the electric vehicle helmet, which had received little attention before, became a hot-selling explosive product on and off the line. The sudden demand in the short term concentrated outbreak, helmet prices rose rapidly!
 A netizen complains," April is only 20 pieces of money one, now more than 300rmb."


The daily output of helmet enterprises 2000 is already a large factory, usually, there will be no large equipment input and capacity redundancy. According to the "one helmet, one belt" new policy requirements estimate, the new helmet demand gap will exceed 200 million.

 Henan provincial capital Zhengzhou, a small commodity market store said after may buy an electric helmet gradually more, heard traffic police to check, but also fine. "Some retail prices than before doubled, wholesale prices also rose, manufacturers rose, less is the reason.
 Other merchants in the small commodity market saw business opportunities and temporarily started selling helmets. Some merchants are selling socks, some are the main boxes," cross-border "to find sources to start buying and selling helmets. multi-layer distribution monopoly, which is also a reason for the helmet rise.

 Similar masks, helmet automation [dry barrel, suction machine, injection molding machine, machine tools (open mold), loading and unloading Cartesian coordinate robot industry will usher in a short-term outbreak

2020年5月17日星期日

China's manufacturing industry is facing a real crisis

What is the impact of the accelerated transfer of American companies to Vietnam and India on Chinese manufacturing?


 Apple has planned to move 20% of its iPhone production base to India, which means that Apple phones will be purchased later Could be "made in India". Apple isn't the only company, India says more and more U.S. companies will "leave India ". Modi and Apple and other U.S. companies in December 2019, according to the Indian newspaper The Economic Times executives meet and hope they transfer part of the production line to India. India has earmarked about 461,000 hectares of land nationwide Land, for the use of relevant U.S. enterprises, and has actively contacted more than 1000 U.S. enterprises, hoping that they "leave India ".
 Recently, US President Donald Trump has repeatedly expressed his desire to strengthen cooperation with India. In the current context of complex international relations, A stronger U.S. connection with India and a shift of business to India will inevitably affect the global industrial chain, the economies of India, the United States, and China。
 All have significant effects. In addition to the US, the EU is focusing on India。 CNMOULDING note that, in addition to the U.S., India is also in deep contact with companies in major European countries, many of which are already Talking to India. More importantly, by the end of 2019, India refused to join China, Japan, Australia and  ASEAN's RCEP", are negotiating free trade with the EU. Apparently, in India's eyes, the EU is largely a Developed economy, while India is currently a developing country, have strong economic complementarities —— India can Export labor-intensive products to the EU, introduce the EU's high-tech products, introduce the EU's capital and technology, and provide its own labor Force...
 The current media do not report on the extent of free trade negotiations between India and the European Union, but if the two sides agree, that is invisible
 China has also significantly increased India's ability to attract enterprises from large European countries, which will give India a huge boost to development and export markets 。Vietnam, too, has attracted the U.S. and European attention. In addition to India, the U. S. and Europe's eyes also stopped in Vietnam, many multinational groups have transferred part of the production line to Vietnam. As a result, Vietnam's total exports and imports have grown significantly more than its GDP. Data show Vietnam GDP 2019
 About $260 billion. But imports and exports totaled $516.96 billion, about twice the GDP. More importantly, Vietnam's Foreign trade is growing faster than GDP, and the gap is expected to widen. Although current Vietnam, India introduced the United States The number of European enterprises is relatively small, and the introduction is mainly downstream of the industrial chain. But if it continues, it will
 It is possible to add several "world factories" to boost the economic development and trade of goods in India and Vietnam and boost the global economy of both countries. The status of the Jige Bureau, reducing China's ability to attract foreign investment, and the possibility of changing the current world economic development pattern, its overall shadow
 Sound can not be ignored. Of course, India and Vietnam have many drawbacks. For example, there is a caste system in India and the cultural level of the population is low. There are big differences in policies, such as the gradual weakening of Vietnam's labor cost advantage and the size of its own market is not the most ideal environment for the development of foreign capital. Striving upward in the difficult situation will be the direction of all Chinese mold makers and the injection molding industry in the future.