** war, the United States loses!Exports to the U.S. surged by 10 percent;Imports have mysteriously disappeared from the rivers and lakes.
China's exports bucked the trend and became a positive factor.
The latest data released by China Customs shows that in the first 11 months of this year, China's total exports not only did not decrease, but increased by 03%。Amid a sharp decline in exports from Asian countries, China's exports** have become a bright spot. This data worries Joe Biden, who has been trying to reduce imports from China, but has turned out to be the opposite.
The growth of China's exports is not only due to China's own efforts, but also related to other factors. On the one hand, China has been working hard to improve the level of production and product quality to make it more competitive in the international market. On the other hand, the establishment of global ** chains and partnerships also provides favorable conditions for China's exports. Many companies choose to cooperate with China to establish long-term partnerships and first-chain networks, which also gives China certain advantages in terms of geographical location and labor costs.
Biden found that the problem was mainly with allies.
Biden eventually found out that the problem was mainly with the allies. In recent years, the United States has pursued a policy of unilateralism, trying to communicate with other countries"Decoupling"。But in reality, the United States does not stop buying Chinese products because of decoupling, but because of the decline in purchasing power.
Although the United States is trying to reduce imports of Chinese products, it still needs goods and products to meet the needs of the domestic market. This situation has led the United States to reduce imports from China and increase imports from some intermediary countries, such as Vietnam and Mexico. These countries act as intermediaries, importing raw materials or components from China, assembling or retooling them for export to the U.S. market. Mexico, in particular, imports auto parts from China and then assembles them into cars for sale in the U.S. market.
This situation shows that it does not exist"Decoupling", but an intermediate link is added to the chain. Although the United States has reduced its direct imports of Chinese products, Chinese products still enter the U.S. market in different ways, through indirect imports from other countries.
Decoupling from manufacturing issues is impractical.
The United States and China"Decoupling"An important reason behind the policy is that the United States wants to develop its own manufacturing industry and reduce its dependence on external **. However, in the context of globalization, complete decoupling is not realistic for the United States.
Despite the efforts of the United States to develop domestic manufacturing, independent manufacturing faces many difficulties due to the complexity of the ** chain. Many enterprises have established long-term cooperative relations and first-chain networks, and the disconnection of one of the links will lead to the breakage of the first-chain and the interruption of production, bringing huge losses to enterprises and consumers. This is also what the United States is trying to"Decoupling"One of the reasons why we had to continue importing from China through other countries was the process.
China's exports continue to grow, and the economy is ushering in a turnaround.
In the first 11 months of this year, China's exports** not only did not decline, but increased by 03%。This is in stark contrast to the sharp decline in exports from most export-oriented countries in Asia, and once again proves the global competitiveness of China's exports.
At the same time, export orders from foreign trade companies have also continued to rise in the past six months, which is a clear sign of the gradual improvement of China's foreign trade situation. Of particular note is that exports to the United States have also improved markedly. Although it has declined for 14 consecutive months in the past, it is now growing again, with a growth rate of 96%。This shows that the status of China's manufacturing industry has been reconfirmed, and China has the ability to adapt to changes in the external environment and meet new opportunities.
Summary. China's ** data and changes in the external environment suggest that the United States is trying to pass"Decoupling"to reduce imports of Chinese products is unrealistic. On the contrary, China's exports** continue to grow, and intermediate countries such as Mexico continue to import goods from China and export to the U.S. market. In the face of globalization and complex industrial chain networks,"Decoupling"It will only lead to the disruption of the ** chain and the disruption of production, which is not in the interests of the United States. Therefore, it would be wise to reformulate and cooperate with China in economic and trade relations.
The continuous growth of China's exports** shows that the quality of Chinese production and products is increasingly recognized in the international market. In the face of changes in the external environment, China has been able to adapt to new opportunities and promote economic growth. At the same time, China has taken active policy measures in the field of foreign affairs to provide support and assistance, which has further promoted the growth of exports. In the future, China will continue to strive to expand its foreign affairs and strengthen economic and trade cooperation with other countries to achieve more stable and sustainable development.