2015年12月9日星期三
2015年12月5日星期六
RMB and US dollar showdown
2015. 12.3 night, a trillion dollar profit levels of the Holocaust occurred.
The people expected of the Holocaust
The European Central Bank cut interest rates evening, as well as many economic scholars including Chinese big reversal for the dollar, the devaluation of the yuan long advocated, more real space next to those of the US capital predators, sent a huge brainless opponents dish, because there You do not have to spend money to lure more.The dollar index, rose and then fell, from a high of 100.47, plummeted to a little over 97, down 2.2%. Created since March 2009, which is the biggest decline in almost six years. Was the outbreak of the subprime crisis, the dollar index single-day decline of 2.9%. Even worse is that this crash, after the ECB cut interest rates, we would have expected, the dollar would like to take this opportunity to create recovery highs yet again.
Why is there such a result seems inconsistent with the logic of it?
Logic never wrong, the wrong people
In fact, it never appears opposite logic with real financial logic, if that trend and as expected, can only be predicted logically wrong. The dollar index is down not up, the logic behind it is that I have been talking about, the dollar index is currently only rebound, but the rebound high point, the Fed announced the rate hike will really come when the dollar index is likely in 103 about the location, and build a double top.
Therefore, if the December Fed rate hike, the dollar index likely to turn down. Now, the euro announced interest rate cuts, the effect and the Fed announced the rate hike is about the same, capital predators have seized this opportunity, when everyone thought the dollar should continue to rally, effortlessly find a big rival short wave plate, which It is a hearty, lucrative funds massacre last night incident, at least at the scale of its earnings more than one trillion US dollars.
After the weak dollar, the RMB yuan will be okay?
Just past the renminbi incorporate SDR, it is actually happening behind an emperor to abdicate drama. US dollar share in the SDR is almost intact, 10.9 percent of China, mainly the euro, pound and yen let out. How to look like the dollar a few little brother, try to turn the yuan pull into same, of course, one of the most active is the euro and the pound.
RMB added SDR, slow decline accelerated dollar hegemony, the United States is no way this point, in the period of review which has been talked about, because, if the United States allowed China to get involved, then China can only start all over again, IMF may end a mere figurehead. US may eventually have to play mahjong, instead of playing their own good at the bridge. More importantly, China included is the people, the general trend, the United States did not dare to go against the trend, otherwise people are lost.
RMB join the international influence of SDR, it is more than expected, at least beyond American expectations. Because, after nearly 10 countries represented, to incorporate the renminbi foreign exchange reserves, increased investment in RMB assets. This psychological expectations very terrible, because it will greatly affect the current US strong dollar strategy.
Strong dollar strategy, whose aim is to create the illusion of the American economy thriving in the world, the temptation for more capital to the United States then set high assets, thereby to complete the field in a large universe diversion of global capital, while the US capital at the universe after the big diversion, go to the whole world to acquire cheap assets. This strategy has become the United States from the subprime crisis turned completely, the only possible solution.
But the hope that, with inclusion of the RMB SDR increasingly slim. So also, we see the US media out disinfection, said the yuan included in SDR, it will not have any immediate impact, but does not affect the status of the dollar in the world. Former Federal Reserve Chairman Ben Bernanke, also personally photographed, said the yuan included in the SDR, simply do nothing, which is equivalent to the Chinese made a small red flower it, we should not be all wrong.
Butterfly wings have been instigated, and then it was too late to remedy. The dollar plunged last night, not just against the dollar this should not have time to correct abnormal strong, but also the host of the RMB capital market once Zhuanghang.
Strong dollar strategy or failure in advance
In the review of 25 November, when I have talked about, Chinese Manniu opening, the biggest problem is the Fed's strategy of a strong dollar, because it greatly hampered the US-led strategic capital outflow China. "The Fed wanted to wait for the Chinese economy signals a further deterioration, especially after the stock market crash, China was a substantial outflow of capital, the rapid devaluation of the renminbi is expected to enlarge, once concerns about China's economic influence throughout the world, the US media in the calculation outside China Chu also top a few months, but fortunately, China stabilized now, China Manniu reopened, which gave the best weapon against the strong dollar China strategy. "Of course, my view is not mainstream, most Chinese scholars, are still forecast in the next few years the dollar bull market, and that the yuan to a large devaluation of house prices to drop. Some Americans even more than they are optimistic about the US economy.
In fact, when the global so generally optimistic about the time an asset, which in itself is a huge risk. Especially promising is the Fed deliberately misled come a time when the common good, hides a huge massacre future assets. China's rich past few years has been for the US real estate market, sent at least $ 350 billion in cash support, has almost the same, it may be necessary to go bargain-hunting quilt.
Dollar plunged last night, did not see the Chinese media have too much coverage. Occasionally there are a few, but also "the dollar's slide," with the word. 2.2 percent, the biggest decline in six years, with the decline seen to have lost the basic objective.
However, no one can stop the tide of history, the Fed and the White House, the fantasy of this to finance big showdown to complete the subprime crisis completely turned around, complete re-parasitic ambition dollar hegemony, and probably will soon become Bubbles.
The above article not my orininal, Cnmoulding is a China mold maker , hope brought to share, as a plastic injection molding manufacturer in Shanghai, I still firmly believe that a big currency issue, at least if I choose to I want to hold dollars instead of the continuous depreciation of the yuan.
2015年12月3日星期四
Pensions into the stock market is to take life money gambling
1. The stock market is the big casino, pension market is to get people to gamble life money
cnmoulding subscribe enterprise called a stock market debut. On the primary market, buy stocks of money was taken away as the capital for enterprise production and management. We are only shouting out to sell the stock, or buy stock in the hands of others, is called the secondary market for the trading of stock. We are talking about the stock market, mainly refers to the secondary market, the stock is constantly being transferred in the hands of investors, namely "stock." for example, if you trust cnmoulding is a good injection molding company in china, so you can buy cnmoulding stock as well.
The reader must distinguish between what is invested and what is speculation. Investment is putting money into the economic entity for production and business profits. Investment creation of gross domestic product (GDP), because there is a piece of GDP is an investment, namely: GDP = consumption + investment + government spending + net exports. Visible, investment to create wealth and promote economic development and social prosperity.
And speculation is through some kind of goods (including the numerous financial products) repeatedly buying and selling arbitrage. Speculative money does not go into economic entities, these money in the pockets of speculators circulation, which is not used for the production and operation, nor for consumption, does not create a penny to GDP. Speculation is speculation, speculation in stocks is a typical secondary market.
Hazard speculation is making a false prosperity, inflate the bubble economy, when the final blow the foam breaking even lead to financial collapse disorder, in human history due to "speculation" from the crisis countless.
The speculative market are so-called wealth paper figure, such wealth can easily evaporate overnight. Dutch tulip bubble burst in 1637, tulip prices fallen by 99.999%. UK stock market bubble burst in 1720, most of the stock has become wastepaper. 1720 France Mississippi bubble burst, many investors penniless. US stock market bubble burst in 1929, the Dow back to 33 years ago. US real estate bubble burst in 2006, house prices fell 30 years ago.
China's stock market volatility and the risk is far greater than the US stock market. 24-year history of the Chinese stock market, the Shanghai index has 8 years or more than 50%, with 4-year decline of more than 20%. The United States in 1900--2014 years of 114 years, the Dow rose more than 50 percent of the year only two years, the annual decline in more than 20 percent of only 10 years. The United States, the Dow rose more than 20 percent year will lead to a bear market, while China's Shanghai Index rose generally more than 50 percent year will lead to a bear market.
The stock market in the short term based on economic fundamentals would not run, because the stock market and the real economy struggle funds, real economic growth slowed during the bull market, bear market, growth accelerated during the real economy, but long-term trends in the stock market is a return to economic fundamentals. Stock market and other speculative arbitrage markets, everlasting law, when speculation was bound to provoke a bear market bull, after all, it is to burst the bubble, the market return to its intrinsic value.
In the United States, "retirement savings plan" (also known as the "401k Plan"), for example, the voluntary program by the American corporate employees, not part of the government-led social security system. "Retirement savings plan" available for investment in securities, similar to personal finance products. In 2008, "retirement savings plan" a loss of nearly $ 2 trillion. August 5, 2011, Standard & Poor's announced that the US sovereign credit rating from AAA down to AA +, the average loss of $ 12,000 for each "retirement savings plan" account. Visible, the pension for the finance and investment, high risks and huge losses, and ultimately pays the bill had to be the most common laborer.
2. The pension is the main content of the social security system, can achieve social wealth redistribution
"Sense of security" is the most basic of human rights protection, but also one of the signs of social civilization. Resident individuals is difficult to accurately determine their own future economic situation, if economic conditions worsen in the future, but there is not enough savings, life is bound to get into trouble. Also, some people have a dependence on government thinking, excessive consumption of young, do not want for the future retirement savings, that the old government would not matter. This requires the Government to take coercive measures, the pension problem residents into a government-led social security system.
The vast majority of countries, including China, the pension generally use the "pay as you go" system, some supplemented by individual pension accounts. "PAYG" refers to the generation of people who work are not paid pension insurance for their future retirement store, but immediately transferred to a generation now retiring.
Many countries face an aging population, which is more need to plan ahead, now let pension income is greater than the support to produce a surplus, then the monthly earnings into the pension accumulated for future needs. Visible, pension acts as a "reservoir" of the role of small water periods in excess of water stored in the water consumption periods, water supply to compensate for the lack of water storage.
The total personal pension after retirement is not necessarily received pay pension accumulation during operation, because the social pension insurance is not commercial activity, but a social responsibility, it has social solidarity nature. In other words, we put into a pension insurance "plate" in co-ordination, which is a channel for income redistribution.
France's pension system has a minimum pension, regardless of the past did not pay social security payment, no matter how much to pay, all French pension for the elderly will enjoy this. According to the 2011 standard, single elderly minimum pension of € 8,907.34 per year per elderly couple is € 14,181.30 per year. And the provisions of the pension shall not exceed the salary cap (2012 to 3031 euros) of 50%, if there are minor children retiree dependents, each child plus about 5%. Germany also provides the highest pension does not exceed 75% of pre-retirement wages last month. British elderly regardless of all wages when working level, and regardless of whether the payment had to pay too much or national insurance, will receive the same basic pension. According to the 2010 standard, the British basic pensions for the elderly singletons £ 97.65 per week, per elderly couple to £ 156.15 per week.
As can be seen from the above examples of developed countries, workers during work pension paid by the Government of consistent use, all the people living in accordance with the desired setting basic pension amount, a person can pay pension funding others, future You can also get funded pension when others achieve social equity through the redistribution of the pension system channels. But in our country, social redistribution has played the role of pensions was not ideal, because our pension using the "pay more get" policy, and did not set an upper limit of pensioners, so there have been a lot of state-owned high Enjoy "astronomical pension" situation after retirement tube. We can see that the pension system is also in need of reform. our company is a injection molds making company, we can not pay high pension to our staff like goverment company
so we can not get back more when we retired.
3. pension fund management should be "safety first" and change the pension fund management shall be two-thirds of citizens agree
Most retirees have no other income, pension is their only source of income, the pension as a "life money" is no exaggeration. If the pension is a problem, it means that future retirees might not receive a pension, therefore, pension management must put safety first.
Many countries of the pension fund as a "National Security Strategy of reserves" to manage the country, can not use the money to invest in the stock market is very risky. For example, US law prohibits pension to invest in stocks. United States during the administration of President Franklin D. Roosevelt, on August 14, 1935 adopted the "Social Security Act," Since then, the United States established a huge social security system, pension insurance is the main content of the system.
In the United States, as long as the existence of an employment relationship, the employer and the employee must pay Social Security taxes (payroll taxes) to the government, equivalent to our pension. According to the United States, the rate of social security funds Social Security taxes would be regularly adjusted operating conditions, to avoid deficits. 2011 Social Security taxes for the employer to pay the employee tax gross salary (excluding payroll tax expenditures) of 6.2%, 4.2% employee pay, but pay more than 106,800 US dollars portion without paying social security taxes. In the US, people pay Social Security taxes that they can not only enjoy a pension, if the family income is low, heavy burden, although never pay off social security taxes, spouses and children can still receive a pension, to receive the maximum amount of Social Security taxes to pay spouse or parent pension by 50%. If Social Security taxes taxpayer's death, no income families can continue to receive his share of the pension.
US pension funds managed by the Social Security Trust Fund, US law only allows pension funds to buy government bonds, shall not make any other investment. Social Security trust funds are extra-budgetary expenses, the Government budgeted can not fight the idea of the fund.
Some countries allow a certain percentage come from the pension to invest in stocks, but the risk is very large indeed. Canadian investment in the stock market in fiscal 2008 loss of 3.441 billion pension Canadian dollars, if coupled with equity investment management costs, total loss of 3.682 billion Canadian dollars, and all kinds of bonds purchased during this period of $ 2.008 billion, 1.323 billion industrial investment income Canadian dollar. Larger Canadian pension investment losses in fiscal 2009, a net loss of 23.6 billion Canadian dollars, mainly by investing in stock losses.
It should be noted that the pension is a contract between citizens and the government established a number of countries to manage any changes to pensions, it must obtain the consent of more than two-thirds of citizens. In Canada, citizens 18 years of age if there is work, it should pay a certain percentage of the income of pension insurance, uniform payment (Quebec self-management) Canada Human Resources and Social Development is responsible for management. Any change in Canadian pension plans, two-thirds of the provinces must agree and represent more than two thirds of the population.
4. Conclusion
Pensions are the people life money in China's stock market has not yet fully market-oriented, low transparency, insider trading and Rat frequent case, the pension funds into the stock market higher risk.
To get the pension does not depreciate, the safest investment channel is deposited in banks or buy government bonds, while controlling inflation, and timely adjustment of bank interest rates, to ensure that bank deposit rates higher than the CPI increase. If you do not control inflation, any form of investment, then a high income will be "inflation" This big mouth slowly eaten.
Pension related to the livelihood of the people coming. Should stand in the height of social harmony and stability to understand pensions, good management of money, to ensure its safety under the premise of making value-added, but it will never be able to get a huge risk to speculate in the stock market casino.
2015年11月30日星期一
Paris summit on climate change and the Beijing haze
Chinese President Xi Jinping attended the 30th General Assembly in Paris on Climate Change in Paris the opening ceremony and delivered a speech entitled "work together to build win-win cooperation, fair and equitable climate change governance mechanisms," an important speech. Addressing climate change is a common cause of mankind, the world's attention being focused on Paris. Let us work together to promote the establishment of a fair and effective global response to climate change mechanisms to achieve a higher level of global sustainable development and building a win-win cooperation in international relations to contribute!----As A china injection molding company , we wish world more clean.
Cn-moulding tell you Air pollution in china |
Environmental pollution in China |
That China is now the state of the environment in the end how, look at this two-day Beijing weather bar, a friend joked that this year everything backwards, PM2.5 is to continue to develop.China injection molding companies-cnmoulding thinks it is a really bad joke for our country.
A PM2.5 monitoring sites once reached 976 micrograms / cubic meter
Yesterday, severe pollution lasted one day, in the southern region to reach six serious pollution. Heavy air pollution orange warning remain in effect, Municipal Meteorological Observatory also released this year's first orange alert haze. Yesterday morning, the Central Meteorological Station upgrade publish fog and haze orange alert. Municipal Environmental Protection Monitoring Center said that from November 27, Beijing has begun the process of serious pollution, as of yesterday has lasted four days, since this year the most serious pollution process.
Yesterday in Beijing, many sites concentration value "amazing." 18:00, Beijing PM2.5 hour concentration Southwest regional point nearly reached 945 micrograms / cubic meter, 17:00 hours the station is to reach a concentration of 976 micrograms / cubic meter. In addition, the region south of Beijing at point 18 has reached 897 micrograms / cubic meter.
Yesterday 20:00, 35 monitoring sites, there are 23 to reach six serious pollution. 5 traffic pollution monitoring points hourly concentration were 600 micrograms / cubic meter or more. 12 urban environmental assessment point, Haidian Beijing Botanical Garden in addition to a minimum of 307 micrograms / cubic meter, Yungang Fengtai, Haidian and Shijingshan Willow ancient city of more than 400 micrograms / cubic meter, the rest of the site are more than 500 micrograms / cubic meter, Fengtai garden of 727 micrograms / cubic meter, 685 East Fourth East micrograms / cubic meter, are up to six serious pollution.
North-South regional air quality any significant difference
It is worth mentioning that the north and south of Beijing showed remarkable differences. 9:00 yesterday, Northwest PM2.5 hour concentration of 89 micrograms / cubic meter, the second good, but southeast 554 micrograms / cubic meter, reaching six serious pollution. Subsequently, PM2.5 concentration was maintained in the northern region of less than 100 micrograms / cubic meter. However, with the southerly wind, "delivery", the northern region has gradually reached the severe pollution levels.
cnmoulding is a china injection molding company, we will our country more clean and beautiful in future.
2015年11月22日星期日
A suite apartment can destroy a Chinese middle class
The number of Chinese middle class has exceeded two hundred million
So, the number of China's middle class How much?
Credit Suisse Wealth Report to each person owns 50,000 -50 million of net wealth to define the middle class adults. Such a middle class standard is not high. Thus, the conventional netizens exclaimed "averaged", "drag" The difference is, this time users who have indicated that, "If wealth as long as reached $ 50,000 is the middle class, that I can be considered the middle class."
In fact, the standard of the middle class is not unique. For example, Forbes magazine has announced that she is a middle-class standard: living in the city; between 25 to 45 years old; have a university degree; professionals and entrepreneurs; annual income between $ 10,000 to $ 60,000.
Here, we middle-class standards to Credit Suisse Wealth Report estimates the number of Chinese middle class. According to 50000-500000 US dollars of net worth, according to the Southwest University of Finance and China Household Financial Survey (referred CHFS) latest survey data show that in 2015, the current adult population of Chinese middle class accounted for the proportion of the adult population was 20.1%, far higher than the Swiss Letter estimated 10.7%; the average wealth of the middle class adults about $ 139,000, far higher than Credit Suisse estimated $ 68,000.
According CHFS data projections, the number of Chinese middle class adult population should be 204 million people, rather than 109 million people, while in the hands of the middle class should also be total wealth of $ 28.3 trillion, not $ 7 trillion, far more than the United States and Japan's $ 16.8 trillion and $ 9.7 trillion.
Therefore, the number of China's middle class has reached 204 million people, whether it is the middle class population size, or the total wealth of the middle class, China has leapt to the world top.
Of course, while the Chinese middle class in the overall scale has obvious advantages, but there are two features worth noting:
First, the per capita wealth of the Chinese middle class is $ 139,000, far below the $ 184,000 and $ 157,000 Japan, the United States. The absolute number of Chinese middle class is far higher than the estimated number Although Credit Suisse Wealth Report, but accounted for only 20.1%, far lower than the United States, 37.7 percent and Japan 59.5 percent.
Second, the proportion of different sectors of China and the United States and Japan are also very different. As shown, the Chinese adult population, very small part of people crossed the high threshold of wealth, more than the middle class standard of moderate wealth, the population accounted for only 1.0%. In the United States, the ratio was 12.3%, Japan 9.1%. At the low end of the wealth pyramid, China 78.9 percent of the adult population still does not meet the minimum standards of the wealth of the middle class.
China Injection Molding Company-cnmoulding think, the ratio was 50.0% and 31.4%, respectively, in the United States and Japan. If the structure of an ideal distribution of wealth as "olive", then Japan is relatively closer to this model, and China belong to the uneven distribution of wealth "pyramid."
Chinese middle class wealth too dependent on real estate
Wealth and asset structure size different affluent Chinese are also significant differences. First, the average wealth of low-wealth adults, only $ 11,000, from the middle class standard of $ 50,000 is still far.
Some experts pointed out that China's middle class population, or over 200 million, but the wealth of the middle class in the real estate allocation ratio is too heavy, up 79.5 percent, while the proportion of financial assets is too low, only 10.8%. And the Chinese people prefer real estate, the American and Japanese families are more willing to participate in financial markets. According to 2013 US Consumer Finance Survey (SCF) data, US household financial assets accounted for 40.8%, while real estate accounted for only 34.1%.
Credit Suisse Wealth Report per person has 50,000 to 500,000 US dollars of net worth, to define the middle class adults. This standard is not high. If an adult has a shelter in the general specifications of the city, you can easily reach this standard.
Therefore, this standard does not cause the public to question after the release, nor lead to public "drag" sighs - they think in accordance with this standard, it really belongs to the middle class. Such happiness seems to come a bit too sudden, abrupt to even among parties which have some feel unreal.
In other words, the report is actually used to divide the wealth class is real estate, houses and even people all of the property; if you do not count the value of the property, maybe a lot of the middle class is still in the state debt, the so-called house slaves is the case. In other words, although the real estate point of view, people have a lot of money; however, if the house is made from live, the support of the middle class facade of wealth, in fact, does not exist.
Is it, people will live in the house used to make money from it? If you really sell, it is a return to a true addiction over the middle class, but I'm afraid that will come back to buy again powerless.
So, even though the middle class will be among the people to feel a trace of happiness, however, carefully pondering, in real estate the way to achieve status changes, and its essence is actually "is in production."
As a result, people do not want, but also can not afford such a high price of real estate. All houses are not spending all of, but not life. But because the house indispensable and prices high, the incomes of the majority of people have invested in the house. Indeed, even to eating the old way, by way of overdraft future earnings, can barely make their homes to buy a house, to realize the dream dwelling.
This price is a bit large. But what can we do? No house will not be able to settle down in the city, you can not be competitive in the marriage market, it can not provide basic security in the birth of a child in school. So, even if high prices to death, is considered to be a high price, but also we had to bite the bullet, bite the bullet and buy a house.
Cnmoudling-china mold maker tell you truth here
the so-called housing wealth are often a burden. From the price perspective, a value of the house is not low, a house can prop up a middle class. But what is the real significance? The house is used for living, can not be used to invest, can not bring disposable wealth; to this house, people live frugally lower standard of living, give up the pursuit of life, but also gave up the social participation and responsibility.
This is an inevitable chain reaction - when the so-called middle class eyes open every day when the mortgage to worry about, look how much they value the pursuit of noble, how enthusiastic they expect social participation, does not seem realistic. More often, people put ideals gave way to crawl, crawl doctrine instead of a pragmatic retreat idealism, ultimately, it is the ideal farewell.
Therefore, real estate On the middle, the middle class will be the presence of real estate addiction, will the existence of a de facto "is middle class" - although, to be divided house prices, many people belong to the middle class; however, because of the people's wealth, real estate overdraft and ideals, but there was a lot of people "is the middle" embarrassment.
This "being middle class" will inevitably lead to the middle class of blur and "dirty": A so-called blur refers to nominal, their actual performance may not meet the social expectations of the middle class; the so-called "dirty" is the means by which fetters reality In real economic pressure, class identity inevitably flows down. This "is the middle" for society, is clearly a need to focus on the issues.
China's economy is now in the end how bad I, as a plastic injection moulding do not see the data, but everyone knows that housing prices continue to lift the bubble is more manufacturing to China is to destroy nature, may also do government
People must be more unhappy, it seems that they really no other way.
2015年11月21日星期六
About China's middle-income class spending power
US think tank DemandInstitute and parent bodies ConferenceBoard released a report that China's middle-income class spending power is overrated.
china middle income class |
Injection molding china consumer |
China injection molding companies -CNMOULDING, our definition of "middle class", should be capable of spending a day at $ 10 to 50, the Institute demands that the scale of China's middle class is defined under this section is too large. TNCs are the typical target customer groups should be less than 49 years old, well educated, and living in the city, with the ability to access the Internet. This part of people's spending power is much lower than the United States. In 2010 to 2014, this population only 12% of household income more than 32,000 US dollars / year, or about $ 85 / day.
Not with the United States than China, low US interest rates of consumer loans, people for their strong confidence of the middle class status, are not available in China. China's consumption is not overvalued, but distinctive characteristics.
The first characteristic, FMCG, buy cheap.
China mould believe, the scale of online shopping accounts for almost 35 percent of Europeans and 40% of the world of online shopping scale, basically in 40%; the same period, the Americans in 2006 Online shopping accounted for 42% of the world scale, but in 2013 this figure dropped to 21%; while net purchases from the size of the Chinese share of global online shopping scale growth to 1.2% in 2006, 24 per cent in 2013.
"Double 11" full-day trading volume of 122.937 billion yuan net, compared with last year's 80.5 billion 52.7%, total net number of packages of 678 million, 410 million increase over last year's 65.7%. Although the return data, which are entangled, but online, and online promotion festival such a huge amount of consumption, indicating that Chinese consumers are very price-sensitive products, particularly involving the type of appliances, brand, FMCG, etc., can be cheaper just absolutely not expensive.
Some Chinese pay attention to the quality of life of the middle-income class has purchased in the high-end brand FMCG goods, they are not than what to wear, but to someone in the bathroom, that household soap and shampoo is what brand? Previously considered a good sign, reduced now, the middle-income class is no longer in use Rejoice brands such pride, in favor of the direct use of high-end brands purchased abroad.
The second feature, the luxury to wait until the foreign buying.
Chinese consumers shopping from luxury goods to Europe and Japan to household appliances, food, all-encompassing. Japan National Tourist Office to name data, as of October 9, 2015, the cumulative number of tourists visiting Japan exceeded 15 million, more than 2014 full-year 1341 million, of which 47% for Chinese tourists. The third quarter of this year, Chinese tourists to visit Japan per capita tourist expenditure of 280,000 yen (about 14,870 yuan), an increase of 19% over the previous year. Among them, 140,000 yen (about 7435 yuan) to shopping. Japanese jeweler Mikimoto jewelry (Mikimoto) headquarters in Tokyo's Ginza 7-9 months of duty-free merchandise sales increased by 20% compared to the same period last year. During the 2015 National Day holiday, duty-free goods of Chinese tourists spending in Japan's Takashimaya department store more than 2 times the same period last year. Cosmetic skin care products based realization selling, accounting for a quarter of overall sales.
Do not say that China's middle class income not consumption, but a large part of the consumer transferred directly to the outside, so there were only one way to lower taxes. If the country also sell so expensive Gucci, who in the country to buy it?
Third, more than China's middle class income will not mean security and education, safety of life, involving children for the future, no amount of money spent.
November 16, the US State Department and the American Institute of International Education nonprofit agency released the latest report, 2014-2015 academic year, nearly one million international students into American universities study, the number of international students enrolled in an increase of 10%, an increase of 35 years maximum, The number of Chinese students increased by 10.8%, accounting for 9.8 billion of the $ 30 billion contribution.
Food, too, China's middle class is not only large-scale purchases of organic food in foreign countries, health care products, pharmaceuticals, domestic organic food are rising. Industry research and consulting firm Investment Advisor data show that in 2012 the world market sales of organic products has more than 60 billion US dollars, mainly in Europe and North America. Developed nearly 60% of the organic food gap imported from developing countries, which accounted for 70% of Argentine exports to developed countries organic foods. Currently, the amount of organic food consumption is growing at a rate of 30% to 50% annual growth, annual out up to 30%.
Middle income groups can rent a small plot of land in rural areas, can be rented for a fraction of a workforce management own vegetable garden, the overall cost is not low, but they are never bored for safety.
From more than 20% of the growth we can easily see that the above Chinese middle income groups do not skimp on spending, but the growth of consumption and safety, quality, and show off, investment linked, in order to impress them, to a concept to pay, has been increasingly the less.
2015年11月19日星期四
China can enter into SDR? difficult!
SDR This word is very hot in China, even those of us who knew injection molder, the recent G20 summit, Xi also specifically mentioned the SDR, he IMF is SDR included IMF package for the Renminbi welcomed. It is generally estimated that at the end of this year will be the inclusion of the RMB IMF SDR.
China RMB |
So, SDR is what exactly? Literally, it is a Special Drawing Right, a unit of account.
As we all know, used to have a Bretton Woods system, the dollar and gold are based on the gold exchange standard, the dollar pegged to gold, the currency of another IMF member countries maintain a fixed exchange rate with the US dollar, which is the US dollar as the national currency anchor. Anchor tie in the sea, the boat would not looked out of the dollar as an anchor, other currencies would not have too much volatility. However, when the economic crisis after the United States itself, the Americans abandon gold convertibility of the dollar obligations, the anchor is not unreliable.
So we have expectations of the IMF this SDR, SDR has called into paper gold. SDR value of the dollar now, the euro, current exchange rate to a basket of currencies the pound and yen currency posed four determined, if the yuan to join SDR, has become the fifth currency basket.
What are the benefits of this? Benefit more, IMF hundred seven or ten Member States, each of SDR can be used to trade between these countries journal, SDR became a hard currency, the yuan into the SDR basket is equivalent hard currency became the quasi This is an important step towards the RMB international circulation.
SDR can promote the internationalization of the RMB, but adding SDR is very hard, it has two preconditions: First, trade in this country must be in the top four in the world, the Chinese no problem; second, the currency of this country must be free use of the world, and the international community has been that the yuan is not freely circulate, this Yinggang Gang would not reach.
So China through what work it? And national recognition technique is money, money as the other reserve currency, with many countries we have such a contract, to a certain extent to achieve the freedom to use. The liberal use of course there are two concepts, one condition is that both sides are not denominated in RMB, RMB-denominated trade much, and the other conditions are not freely traded on international markets, especially those with no long-term futures Variety.
Understand these two points, you will know why this summer, once the yuan depreciated flash, flash demoted is to create a condition of full compliance with the SDR, because some people think that the yuan central parity with the final transaction price is still lagging behind, the central parity offset, The central bank essentially banished by flash let's settlement price with parity agreement.
What requirements are free to use the currency? Also requested market is free, the government no administrative intervention. Make this point, it is generally clear, "Why the Chinese government in July after IMF bailout stock market responded very strongly" the. In other words, they believe that contrary to the principle of entering a SDR, is the market has been dominated administration.
So, this is why we are leaders in various international forums have made important reason to explain. During the past 50 days, the study has been five times to talk about the stock market greatly, essentially the same tone, the bailout is international practice, nor is it a long-term behavior, in order to avoid a systemic financial crisis, and now China's market in gradual recovery of self-running capabilities. This is a basic tone, with SDR indeed related.
Over the past two months, we have a lot to worry about, it is that the Chinese government can not simultaneously fight two wars in the two markets, a stock market battle, a battle of the RMB. Ultimate focus is on the intersection of SDR, and now it seems, the issue has been largely resolved.
Of course, there will be a lot of misunderstanding, some people say is not mean I can hold renminbi freely spend abroad, is not what I buy things on the Internet scouring the sea can be settled in RMB? In fact, things are not so simple. RMB into the SDR is an important step in the internationalization, the yuan freely convertible but the distance is still a certain distance, calm estimate it will need five years to 10 years.
Therefore, the RMB into the SDR to the lives of ordinary people have little effect, the advantage is to help raise the prestige of the RMB, the yuan more strong, more and more wide scope, the Chinese economy's influence on the world economy is also growing, becoming China a symbol of national prosperity.
What is the dollar? Dollar can everywhere, this is the dollar. RMB have become hard currency, but also ultimately convertible, but also all over the .
Cnmoulding-Plastic Injection molding company, we only trust Dollar will up.
2015年11月17日星期二
Chinese economic situation is intolerable to let the decision-making
Various ministries have prepared the introduction of policies to stimulate the market
In the context of the macroeconomic slowdown, frequent high-level reference real estate, revealing a more positive attitude to stabilize the property market. Since October 23, Chinese President Xi Jinping and Premier Li Keqiang total of three times on different occasions talking about real estate, and pass out "to stock" a clear signal. The rise in real estate before mentioned this publicly, during the "two sessions" in this year's National. According to the 21st Century Business Herald reporter, future oriented real estate control policy easing is a high probability event, relevant ministries have good policy reserves, will likely launch in the near future. It is reported that slum upgrading policy area will be the focus of development effort, specific approach to "monetize shed change," which, this is considered not only to digest inventory, also with the decline in real estate investment hedge shed change growth. In addition, real estate credit, taxation and other areas are likely to ease. Centaline Dawei, chief analyst said that as the real estate market as a whole is facing oversupply situation, even if the property market stimulus policies, it will not improve the investment in the short term to take place, new construction and other indicators. However, if appropriate measures will boost market confidence, so that the market will not decline sharply.
cnmoulding say: So, lips that do not care about economic growth, it is to talk about the economy really coming down, big leaders and corporate executives, just as full forehead lawsuit, you look at the following article information:
2009 four state-owned Bank loan balances declined
The balance of China's four state-owned bank loans declined for the first time since at least 2009 this phenomenon. Statistics released by China's central bank on the 16th show, as of the end of October, Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China and Bank of China, the loans totaled 35.69 trillion yuan, representing a reduction of 65.6 billion yuan in September. "The credit slowdown was mainly because banks remain cautious stance on the economic outlook and asset quality." Bloomberg quoted an analyst at DBS Vickers in Hong Kong, Chen Shu Jin viewpoint, in addition, the bank may also be because nearly complete annual lending target and slow down the pace of lending.
Plastic Injection moulding say: This is the degree of economic decline and financial crisis almost a fight it! Able to deal with what can only rely on real estate to pull it, in fact, we have introduced stimulus policies
State pipe provident fund loans to ease restrictions increase the minimum amount of 200 000
State pipe provident fund loans policy easing again. Central state organs housing fund management center has issued, the country managed fund personal loans adjust measures to buy the first set of owner-occupied housing loan application, no longer consider whether the fund had extracted nearly one year, and calculate the loan amount, the minimum amount has been raised . Deal executed from June 12 onwards.
china mold maker say: to stimulate the real estate consumer, behind anything about the situation, in fact, understand, but the situation is grim ah, knowing harm than have to drink ah, what words to officials for the implementation of policies in order to promote sustainable economic growth, it is clear threshold
NDRC: to reduce system costs and corporate tax
Recently, the National Development and Reform Commission Xu Lin Planning Division in accepting the new fiscal interview also mentioned China's consumer demand to upgrade the existing supply system has not been well catered for, on the one hand is the technical ability, on the other hand is the current some unreasonable regulatory regime. Economic growth potential can be released by the supply-side structural reforms and other measures to achieve during the "Thirteen Five" more than 6.5% of GDP target growth rate. He stressed that the supply-side structural reforms with the core idea is to reduce the institutional transaction costs. Were supply-side structural reforms to reduce transaction costs enterprise system, business will be easier to do things conducive to enhancing innovation capacity and improve the quality and efficiency of supply, improve the supply structure. The latter is also the Central Financial Group proposed to reduce the institutional transaction costs and the latter should be combined together. On tax issues, Xu Lin also mentioned the new fiscal: Problems of China's current tax structure, mainly to indirect taxes, less tax from individual residents who are more tax from the corporate body. Tax experts generally view is that China's macro tax burden is not high overall, but from a structural point of view, corporate taxes are too high, this point as an injection mold china company, I was deep. Future direction of tax reform is in a stable macro-tax basis, the tax structure adjustment, increase the proportion of direct taxes, reduce the proportion of indirect taxes. This is a system, the linkage project, not reduce a tax or a few species can do. Although more complicated, but very worth doing, do not reduce taxes, business costs are too high, it is difficult to form a competitive edge.
CNMOULDING: see? That much understand ah, do that? That God knows the ....... This do it, you really have to wait for them to implement the policy in place, you can be sure the economic growth possible, otherwise it is just some of the points is not enough. Of course, investors are too long-term prospects are not concerned, they are more concerned with short-term changes, in fact, the strongest impact on the market today, the news media did not comment too much, or dare.
Emergency decision-consumption policies to stimulate the market resorted to boost the economy, indicating that the downward trend in domestic and international economic situation and grim, has let them intolerable. As the property market stimulus harm than good, it's big troubles, they could not know.
2015年11月12日星期四
91.2 billion rmb ---how many million of fake and shoddy goods?
In just the past, double eleven Online Shopping Festival
Cnmoulding sell high plastic injection molding product only |
When it comes to the blacklist, Alibaba had on the list too,
this year probably was malignancy. Annually in the United States Trade Representative Office should be named "notorious markets selling pirated and fake online platform, Taobao, Alibaba had due to the sale of pirated and counterfeit products and among them. Later in order to list in the United States, Ali did not hesitate to ton output capacity, in 2011 broke collusion fraud of supply in the event that Group CEO Wei Zhe and coo Li Xuhui turnover, while Ali also increased the efforts to solve the brand owner complaints, many efforts have been made to the 2012 U. S. trade representative's office will Taobao was removed from the blacklist. Unfortunately, Ali this electricity suppliers in the past year once again suffered a number of businesses in the complaint, (SA Kering) in New York earlier this year to sue the brand infringement, including some of the world's top 500 brands Trademark Working (Group The) and Spain's famous anti counterfeiting Association (ANDEMA) also criticized Ali in the removal of suspected counterfeit goods is not enough. In early ten, the United States clothing shoes industry association formally requested the office of the U.S. trade representative office to re list the list of Taobao, and said Ali Baba did not want to make a serious reform".
The U.S. market also made a strong response to the fake scandal,
Despite the "double eleven" in the business of Alibaba set up astronomical figures, but these days in the United States in the stock price fell, yesterday began to fall back to 80 (see chart). Is known as "Dr. doom" Wall Street bear master, Kynikos associates founder Mr. Chanos recently in public speaking bearish Ali, Chanos for more than a year previously letter oath denier short American bio pharmaceutical company Valeant, unsurprisingly now Valeant's share price has plummeted to KS, now he must short Ali, apparently to provoke the sensitive nerves in the market. What is more, Chanos also recommended investors to buy rival Ali Jingdong stock as a hedge against short Ali, resulting in Jingdong price along with rose, and Ali price consecutive fall.In the past five days, Ali shares continued to fall
Buy fakes in China rights difficult, in the United States has been from consumers, regulators and government layers of punishment, and finally respond to the market, in the United States, Ali encountered an obvious example. Instead, in front of the hard to buy to buy Tiles, Chengdu, in the course of the communication has encountered a lot of trouble, business customer service insist on delivery no problem, think it is consumers in the pit, although the Chengdu man from the courier door to the demolition of the process are used to record the video, but still representations, and finally had to report, this is forcing businesses to send people to see. Chop hand people how many people have this experience, it seems that only God knows.
2015年11月9日星期一
China's employment may be a big problem in 2016
CNMOULDING REPORT
Need Job---cnmoulding take picture from web |
This year's export data level dropped.
China is still in a recession. Decline in exports, imports fell faster, resulting in a decline in surplus. Customs data show that in the first 10 months of this year, China's import and export value of 19.93 yuan, down 8.1% over the same period last year. Among them, exports 11.46 yuan, down 2%; imports 8.47 yuan, down 15.2%; trade surplus of 2.99 yuan, expanding 75.3%. In October, China's import and export value of 2.06 yuan, down 9%. Among them, the export of 1.23 yuan, down 3.6%; imports 833140000000 yuan, down 16%; trade surplus of 393220000000 yuan, expanding 40.2%. According to U.S. dollars, imports fell by 18.8% in October, Twelfth consecutive months of decline, but the decline narrowed in September.
Real export data should be consistent with the customs statistics, from the Canton Fair and so on the level of the. At present, the RMB exchange rate and interest rate is not attractive, because many business owners for asset allocation, the need for dollars or Hong Kong dollars, corporate fraud more than the export, less than the power of imports, but rather, will be less than the import. From private enterprise data to see that is the case, the proportion of import and export promotion, the first 10 months, private enterprises import and export 7.28 yuan, down 36.5%, accounting for 2 of my total foreign trade, compared with the same period last year increased by 2.8% percentage points. Among them, the export of 5.13 yuan, an increase of 44.8%, accounting for 2% of total exports; imports 2.15 yuan, down 25.4%, accounting for 12.6% of total imports. A slight decline in exports, imports fell sharply, the settlement will reduce.
Trade data in Hongkong and the mainland is a mirror, the data show that the first 10 months, the total trade value of 1.61 yuan, down 8.1%, accounting for 11.6% of the total foreign trade. Among them, the export of 1.55 yuan, a decrease of 11.7%; 53530000000 yuan from 10% yuan, a decrease of 1.5; the trade surplus of yuan, narrowed 11.8%. According to the data of Hong Kong, following the August recorded of 7.4% decline, the September Hong Kong value of imports of goods for 3531 00000000 yuan, down 7.6%. So far, the Hongkong commodity imports have been falling for 8 months.
So, it's hard to believe that the manufacturing sector is improving. The manufacturing purchasing managers' index is a proof of the weakness in domestic and external demand and weak employment.
October official manufacturing PMI was 49.8, from the PMI five major sub point of view, production, inventory of raw materials, employees and suppliers to the time index declined, only a slight rise in the new orders index. For the same period last year, the new orders and new export orders for -1.9 and -2.8. Domestic and external demand is still weak. Small and medium enterprises to reflect the new PMI data, the new export orders index for the first time to return to the expansion area for the first time in June, but the order is not prosperous, the employment index in the last two years continued to hover below 50%.
In transition to the low-end manufacturing industry in Southeast Asia, South America is a clear trend. Different from around 2003, when the transfer of Foxconn, Nike and other basic construction is not equipped with the basic construction, logistics is not free of obstacles, and now these obstacles are generally resolved. In Europe and the United States supermarkets, from clothes to food, the amount of Chinese goods are in decline, only a household electrical appliance, mechanical and electrical products steady rise, an optimist would say, this is the readjustment of the economic structure of China must go through the pain. Don't forget that China has not been training of low-end labor population.
According to the thirteen five year plan, by 2020, there are 100000000 rural residents into urban residents. At present, according to the resident population, China's urbanization rate has been close to 55%, urban resident population reached 750000000, of which 250000000 migrant workers, 100000000 cities, there are 150000000, and rural population growth is higher than the city. According to the latest data from the Bureau of statistics, China's total population of nearly 1370000000 in 2014, even if the city's resident of 250000000 have a city residence, there are still 520000000 rural residents, there are about 70000000 of the extreme poverty population. From the dynamic point of view, the rural poor population growth rate is higher than the city, if the 2020 if there are about 500000000 of the rural labor force, the Chinese manufacturing industry should do?
To add insult to injury, the cold weather hit the Internet. Recently, Huawei, Baidu, Lenovo, Alibaba, Tencent and other successive large Internet company personnel adjustment. Forward technology in October 21st news, Ali, Baidu has announced a reduction in the recruitment scale, Tencent also came to stop recruiting, so far, BAT three giants in the personnel have the action, fever, fever, capital was poured a bucket of ice water. In fact, the enterprise can go beyond five years of life and death line of no more than 10%.
In terms of manufacturing enterprises, or from entrepreneurial enterprises, China along with employment difficulties, the most difficult transition period is coming, requires extreme practicality and high safety margin of individuals and enterprises, in order to break through the winter.
Author :CNMOULDING give Plastic Injection Moulding & Custom Plastic Molds Solution Since 1997
2015年11月8日星期日
Want to be Chinese Buffett
Want to do "Buffett" in Chinese stock market? Hard
Value investment is a significant gap between China and the western capital market. The value of the investment has become almost a sarcastic China in the stock market, being stuck in retail often self deprecating "stir fry into shareholders". However, the value of investment in the west is very market, Buffett in the long-term investment in the long-term, not only "fry the stock market as a shareholder", but also speculation into the super rich. In the future of China's capital market, whether there will be a number of "Buffett type" value investors? cnmoulding thought it was very difficult.
China Injection Molding Company-cnmoulding believes that Buffett's success lies in the selection of a number of outstanding enterprises, and long-term holding. However, China's economic transformation is very fast, the original investment value of the enterprise, may be a few years on the decline. Coupled with the current economic downturn of the environment, many listing Corporation difficult. "So how many companies are worth investing in? Here's a question mark ".
He believes that investors should keep pace with the times, to choose those who have the growth potential of the company, but also to choose a new industry, but the judgment
The persistence of emerging industries is very difficult. So in China to do a "Buffett style" value investors are very difficult, there are too many uncertainties.
China's stock market rules of the game will not change within 10 years
Speaking of Buffett, when it comes to the value of investment and long-term investment, have to say that China and the West mature market gap. Cnmoulding believes that China's stock market has its own rules of the game, will not change for 10 years.
He stressed that China's capital market is a new market, there are a lot of non-standard, is a highly regulated market, in this market, you can not completely learn Buffett, to learn the practice of mature markets, or to understand the rules of the game in our emerging markets, so that we can outperform the market."
Cnmoulding believes that China's stock market is a big rule is diversified, he said in the round table forum, do not put all the eggs in one basket". He cited a set of data, if an investor buys all the stocks from the lowest point in 2007, the return on investment is 110%.
"It took us 70 years to become a market from a retail market," Cnmoulding said. "We have not had a history of 25 years, a long way from a mature market. "
The Shanghai Composite Index has been seriously distorted, the gem is likely to have a high innovation
The media brokerage executives, settled the last question is always "cliche" to the market outlook on. The author before the interview Lee thunder is securities department colleagues "thousands of methotrexate methotrexate million charged", be sure to ask optimistic about what sectors and stocks in the fourth quarter.
While he was on the table of the round table, "if I know the answers, I don't have to sit here." But in the interview, he's still awesome made some predictions.
cnmoulding said, thirteen five planning after the introduction of the reform of state-owned enterprises, is a very hot topic. "Which state-owned enterprises are likely to be restructured, which will be out of business, what new business will be injected, I think is the eternal theme in the stock market."
As to the specific point of what? He said, "not too much attention to Shanghai, because it has a serious distortion, far underperformed the stock of all." He believes that the Shanghai composite index is very difficult to innovate, more than 6000 points have become history. However, he believes that the gem, the future of small and medium plates are likely to be innovative high.
Value investment is a significant gap between China and the western capital market. The value of the investment has become almost a sarcastic China in the stock market, being stuck in retail often self deprecating "stir fry into shareholders". However, the value of investment in the west is very market, Buffett in the long-term investment in the long-term, not only "fry the stock market as a shareholder", but also speculation into the super rich. In the future of China's capital market, whether there will be a number of "Buffett type" value investors? cnmoulding thought it was very difficult.
China Injection Molding Company-cnmoulding believes that Buffett's success lies in the selection of a number of outstanding enterprises, and long-term holding. However, China's economic transformation is very fast, the original investment value of the enterprise, may be a few years on the decline. Coupled with the current economic downturn of the environment, many listing Corporation difficult. "So how many companies are worth investing in? Here's a question mark ".
He believes that investors should keep pace with the times, to choose those who have the growth potential of the company, but also to choose a new industry, but the judgment
The persistence of emerging industries is very difficult. So in China to do a "Buffett style" value investors are very difficult, there are too many uncertainties.
China's stock market rules of the game will not change within 10 years
Speaking of Buffett, when it comes to the value of investment and long-term investment, have to say that China and the West mature market gap. Cnmoulding believes that China's stock market has its own rules of the game, will not change for 10 years.
He stressed that China's capital market is a new market, there are a lot of non-standard, is a highly regulated market, in this market, you can not completely learn Buffett, to learn the practice of mature markets, or to understand the rules of the game in our emerging markets, so that we can outperform the market."
Cnmoulding believes that China's stock market is a big rule is diversified, he said in the round table forum, do not put all the eggs in one basket". He cited a set of data, if an investor buys all the stocks from the lowest point in 2007, the return on investment is 110%.
"It took us 70 years to become a market from a retail market," Cnmoulding said. "We have not had a history of 25 years, a long way from a mature market. "
The Shanghai Composite Index has been seriously distorted, the gem is likely to have a high innovation
The media brokerage executives, settled the last question is always "cliche" to the market outlook on. The author before the interview Lee thunder is securities department colleagues "thousands of methotrexate methotrexate million charged", be sure to ask optimistic about what sectors and stocks in the fourth quarter.
While he was on the table of the round table, "if I know the answers, I don't have to sit here." But in the interview, he's still awesome made some predictions.
cnmoulding said, thirteen five planning after the introduction of the reform of state-owned enterprises, is a very hot topic. "Which state-owned enterprises are likely to be restructured, which will be out of business, what new business will be injected, I think is the eternal theme in the stock market."
As to the specific point of what? He said, "not too much attention to Shanghai, because it has a serious distortion, far underperformed the stock of all." He believes that the Shanghai composite index is very difficult to innovate, more than 6000 points have become history. However, he believes that the gem, the future of small and medium plates are likely to be innovative high.
2015年10月14日星期三
Cost Of A Plastic Injection Mold | China injection Molding company
How much does plastic injection molding cost in china?
injection molding cost in china |
The most common questions we hear from the customers and the investors are: "how much is the cost of plastic injection molds in china?.
This is a fair question, we know, maybe a bottomless pocket may not be part of your current budget. Injection mold manufacturing may be the largest in the development cycle of consumer spending.
Many factors play a role, and directly affect the cost of creating an injection mold for your custom parts. The price difference is very big, chinese injection mold manufacturers and offshore injection molding machine. In any case, a reliable injection molding machine should be able to provide an accurate estimate of the overall size of the CAD 3D file, or the sketch or your product.
Since 1996 we have been in business and understand all the injection molding machines are not equal. Many die manufacturing is off the coast, in order to meet the requirements of your parts strict tolerances, so be sure to take appropriate preventive measures, in the pre screening a potential injection molding supplier.
This is a direct impact on the cost of your injection mold...
Number of cavities - you will be directly related to the number of cavities in your mold. Fewer cavities require less die work, so the limit is in turn, will result in lower initial manufacturing costs, in order to establish the number of your injection mold.
Since the number of cavities plays a vital role in forming the cost, so the complexity of your part design is what. Complexity can be incorporated into the surface finish machining, where many of the factors that are required for tolerance, fine details or the number of possible will be weakened. In general, the cost of producing an injection mold may be a huge cost. However, as xcentric is the correct understanding of what is good design can help reduce costs and avoid unnecessary expenses.
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