The recent Sino-US game has put tremendous pressure on China's economy, and problems have emerged one after another, whether it is the real economy, fiscal situation or international image.
When something goes wrong, who will the 192 member states of the UN blame? Is it China or some other country? You can ask Argentina's new ** Milley, who made disrespectful remarks about China during the election campaign, but after coming to power, he stated that he did not intend to sever ties with China and quickly sent a new ambassador to China.
Why is that? Because on the verge of bankruptcy, Milley knew that only China could help him.
For some time in the past, I was puzzled by the fact that the vast number of emerging markets and developing countries have stronger confidence in China's economy than in the United States, Western countries, and some people in China. This is a question worth pondering.
We can understand that the United States and Western countries are singing about China's economic decline, because this is the most advanced warfare and financial warfare method they have adopted in the process of containing and suppressing China. They used their financial hegemony to first sing down China's economy, and then let Wall Street's capital siphon out funds from Chinese mainland, Hong Kong, and Macao, creating an artificial negative scene of "recession" and "capital outflow."
This year, the United States has performed better than Chinese mainland, Hong Kong and Macau, but who dares to say that the US economy is better than China's real economy? It is no longer a "barometer" of the real economy. According to statistics, the United States has 3With a population of 300 million, there are 1 people with **5.8 billion, but with the largest 1% of the population accounting for 54%.
The United States has also noticed that the Fed's "financial magic" will only further widen the gap between the rich and the poor.
China's poor performance has become a reason for many people to sing the praises of China's economy, but in the period of China's rapid economic growth, the performance is not so good. Therefore, it is a mistake to think of China as a "barometer" of China's economy.
Behind the decline of China's economy by the United States and the West, there is a more hidden purpose, that is, to confuse the minds of the Chinese. For China, there is nothing better for the Sino-US game than to make Chinese lose confidence in themselves.
I've always been puzzled about why China's economy is obviously better than other countries, including Germany and the United Kingdom, but the United States and the West are keen to sing about China's economy? Do they really care about the Chinese economy? Or will it undermine the confidence of the Chinese people and international investors by undermining the Chinese economy, and ultimately achieve a blow to the Chinese economy?
This year, I went to 21 provinces, municipalities and autonomous regions, and after the adjustment of the epidemic prevention policy, offline consumption, especially the tourism and catering industries, gradually recovered. Throughout the year, I have felt the crowds at many famous spots. At the same time, the problems of the real estate industry are relatively obvious, and if the upstream and downstream industries of real estate are taken into account, the impact is even greater. This is a problem that the recovery of offline consumption and the growth rate of some high-tech manufacturing industries cannot fully compensate. This year, many people have felt that the economic situation is not good, and it is related to this situation.
In addition to the rapid development of renewable energy, electric vehicles, shipbuilding and other industries this year, our economic exports also have a momentum of rebound at the end of the year. Although the growth rate of exports has slowed down compared to before, export-related industries are sure to feel the pressure and even chill.
We must not sing the praises of China's economy, but make a realistic evaluation of China's economy, and of course we cannot deny the difficulties and challenges facing China's economy, still less can we only report good news and not bad news.
The current pressure on China's economy is related to the poor global economic situation, geopolitical tensions, and the adjustment of the Chinese economy itself. Taking real estate as an example, if the policy continues to be relaxed, the economy will certainly perform well in the short term, but in the long run, real estate will accumulate huge economic and financial risks. Once a real estate bubble similar to the subprime mortgage crisis bursts, the impact on China's economy and society will be enormous. Taking the initiative to adjust the real estate industry now will bring short-term pain, but in the long run, it will be beneficial to China's economy and society.
Those who are not optimistic about China's economic prospects need to be viewed on a case-by-case basis. Many people feel that the money is not easy to make because they feel the pressure and challenges facing China's economy, so it is normal to complain and expect. It's not that they don't have confidence in China's economic prospects, but they just express their personal feelings from an emotional point of view. It should be said that individuals and businesses closely related to real estate, exports and their upstream and downstream industries are feeling more pronounced pressure in the current economic situation. We cannot deny the true feelings of this part of the population, nor should we interpret them maliciously.
However, there are still some people who complain about China's economy because they are uncomfortable with the adjustment of interests brought about by the reforms, and even show soft confrontation with certain specific policies out of dissatisfaction with the general environment. In addition, if there are problems in the development of some industries and enterprises themselves, practitioners will also attribute the problems to the "bad environment".
Confidence is a thing, some people really don't have it, nothing is effective to say anything to them, the key is to unite those doers and concentrate on doing their own thing. Time will tell. When China's economic situation improves significantly, those who lack confidence will also become confident.
Finally, let's think about what company has faced a worse environment than Huawei in the past five years. However, how does Huawei do it? Has Huawei complained every day for the past five years? Did Huawei blame China for not being modest enough to trigger a U.S. crackdown? There is certainly pressure within Huawei, but more motivation. Huawei worked very hard to save itself, and finally with the support of the whole Chinese society, it announced the "return of the king" with a Mate 60 Pro.
Although not every enterprise can be like Huawei, it is worth learning from every enterprise. Companies that work together with the country to gain insight into the complex geopolitical environment will eventually emerge from the predicament and usher in new opportunities for growth.