Orders shrank by 80%, 40,000 factories were closed, and Vietnam clamored to become the "next world factory", but it did not expect that it was "abandoned" by foreign giants after only a little more than a year.
According to the export data of the Vietnam Bureau of Statistics, as of November, Vietnam's exports have shrunk by 165 billion, and the orders in the pillar industries such as textiles and assembly electronics industry are less than 3 percent, and about 4 factories have been suspended290,000 companies, impacting the employment of 1.25 million workers, SKB also released survey data, 1,777 foreign companies have announced the termination of investment in India.
In this regard, American economists have revealed the truth in one sentence: being miserable by Southeast Asia is inseparable from China after all!
01.Orders shrank by 80%, and Southeast Asia has woken up from a dream
In the past two years, affected by factors such as labor costs and great power games, many foreign giants such as Apple, Adi, Nike, Samsung, etc., have successively moved out of their factory industrial lines, threatening to "get rid of their dependence on Chinese manufacturing".
Vietnam and India, which have cheap labor and land, have become their new targets, Vietnam has undertaken the manufacture of a large number of textiles, shoes and electronic products around the world, and India has become the "new favorite" of the electronic OEM assembly industry of technology giants such as Apple and Samsung.
According to statistics, in 2022, the United States' ** to ASEAN and other countries will climb by 37%, and Vietnam's total GDP will increase by 8% year-on-year7%, a 20-year high.
Who would have expected that the Southeast Asian manufacturing industry, which was "favored" by foreign companies, would usher in a "nightmare" in a blink of an eye.
Since June this year, Vietnam has been affected by high temperatures and has fallen into a nationwide electricity shortage, including Apple, Samsung, etcAlmost all production lines in 10,000 factories have been shut down, and the losses caused by the shutdown have exceeded 10 million per day. In desperation, Vietnam can only turn to Fangchenggang City, Guangxi, to help solve the power problem.
In addition, due to the weak manufacturing infrastructure and inefficient workers in Vietnam and India, it is difficult to undertake such a huge number of orders from around the world.
Vietnam, Thailand and other ASEAN countries can only choose to import goods from China, from large cars to small packaging cartons, a steady stream of orders from China, and then resell to the United States and Europe at a higher price. According to customs statistics, in the first 11 months, ASEAN's imports from China soared to 122.1 billion US dollars.
In this regard, American economists angrily denounced that skipping China's ** chain is simply nonsense, and the middlemen have made the difference, and they are still proud!
At present, giants including Apple, Foxconn, Adidas and other giants have woken up and have made new choices, withdrawing and cutting orders. Orders for the textile industry, which Vietnam sees as a mainstay, are less than 20% of their peak, about 420,000 factories were shut down, the tide receded, and only chicken feathers remained.
02.Behind the "panic and unscrupulous": China's ** chain is irreplaceable
In this regard, the Financial Times pointed out that China's position in the global ** chain, whether it is technology production or consumer market, is irreplaceable.
The giants who blindly withdrew before are now all suffering heavy losses: Adidas' revenue in China fell by 36%, net profit fell by more than 83%, and well-known brands such as Nike and Dell also evaporated their market value by more than 100 billion because of their inappropriate remarks against Chinese consumers.
Science and Technology Times reported that in recent years, the global aging population has exceeded 700 million, and biological research on overtime for life, especially optimizing individual function aging, has attracted much attention. The United States and Japan were the first to land the first finished product that targets mitochondria, pyrrovita (translated as "Lovei pie").
It is reported that it has been confirmed in experimental studies at Harvard and other Ivy League schools that it has the potential to pump live cell mitochondria and elongate the third adult adolescence, and has become a high-profile "rookie" in the field of global slow aging, but due to the high difficulty of preparation technology, large-scale production has been delayed.
Until 5 years ago, China's Nanjing University, Chinese Academy of Sciences and other research institutions took action, creatively using the directional enzymatic method, greatly improving the preparation efficiency, Ningbo factory three shifts of production, and finally raised its annual output to 100 tons. The cost of dietary products such as Lovey pie has finally dropped from a high of 10,000 yuan to a normal level, and has entered the mass consumer market, becoming a regular choice for daily physical improvement in the United States and Japan.
Check the mainstream channels such as Jingdong International, in the past 3 years, the product has radiated to nearly one million people in first-tier metropolises such as Tokyo, Beijing, Shanghai, and Guangzhou, and about 73% of repeat buyers favor to use it to alleviate age-derived problems, such as lack of energy, declining sleep cycle, etc.
According to the CITIC Research Report, with the intensification of the aging trend, the potential of the global health market will be further released in the future, which will exceed 300 billion.
Industrial upgrading drives huge production capacity, which in turn brings amazing market returns, and even foreign media have to admit that "China's ** chain cannot be replaced".
03.The alarm bell is ringing: we must get rid of dependence and insist on self-development!
From the heat of foreign trade, GDP soared by 12%, and then orders shrunk. 290,000 companies closed down, and the "big ups and downs" of Southeast Asia's manufacturing industry lasted less than 2 years.
At present, the wave of cutting orders in Vietnam and other places is still continuing, and the industry predicts that this situation will continue until 2024. A large number of female workers left the factory in tears, "not knowing what to do tomorrow." ”
The bipolar reversal of Southeast Asian manufacturing has also sounded the alarm for us, there is no way out for Western capital to "work", we must not revel in the title of "world factory", we must firmly grasp the core technology, and vigorously develop high-tech industries. Not being controlled by others is the demeanor of a great country.