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In this era of global economic volatility,"Inflation"The word seems to have become a lingering shadow, causing problems to the economies of all countries, big or small, even the United States, one of the most powerful economies in the world, has not been spared.
But against this backdrop, China is like a steady ship, navigating the tsunami of inflation, and even gaining a strong position against the United States in some respects"Victory"How did China do it?
How China became"Safe haven"？
In recent years, the situation of the global economy can be said to be quite chaotic, with conflicts in many regions, monetary policies carried out by Western countries, and then continued to be tightened sharply, and many things have taken together to bring tremendous pressure to the world economy.
Looking around, the economic growth of many countries is difficult to describe, and some are even facing the risk of recession. Oddly enough, China seems to be an exception.
Against this backdrop, China's economy has not only not been so bumpy, but has also achieved considerable growth in some aspects.
Speaking of which, China was able to jump out of the pit of global inflation and become a "safe haven" mainly thanks to two big moves: one is a strong manufacturing base, and the other is a huge domestic demand market.
Let's talk about the manufacturing industry first, China's manufacturing industry can be described as all-round coverage, from clothes, toys and gadgets, to mobile phones, cars, computers and other high-tech products, everything, and it is doing well.
This makes China occupy a very important position in the global ** chain, and other countries may do a good job in a certain piece, but there are really not many that are as comprehensive as China.
Let's take a look at the domestic demand market, in recent years, with the steady development of China's economy, the development of the domestic consumer market is getting faster and faster, from eating, wearing to use, consumer demand is increasingly diversified, and more and more pursuit of quality.
This has formed a huge market, where there is a demand and there is a market, and if there is a market, production can be driven, and this cycle will naturally promote economic growth.
These two factors can be said to be the key to China's economic stability in the global economic turmoil, especially the manufacturing industry, which not only supports domestic employment, but also brings a lot of foreign exchange to China through exports, which also eases external pressure to a certain extent.
The expansion of the domestic demand market has given China's economy more room for self-regulation.
The model of driving economic growth through domestic consumption without relying solely on exports is much more robust than that of countries that rely solely on external markets.
In the final analysis, the key to China's success as a "safe haven" is that it is resilient enough to respond to changes in the external environment by adjusting its internal structure.
This ability is not achieved overnight, but is formed after years of development and accumulation.
Of course, this does not mean that China's economy will not be affected, and there will certainly be challenges, but at least in the current situation of extremely high global economic uncertainty, China's economy has shown relative stability and growth potential, which is already very valuable.
Koreans buy directly from overseas"Steering"China
Recently, a very eye-catching news came that South Korean friends have begun to favor China when they buy directly overseas, and the United States seems to be a little down.
According to a report by National Business Daily, cross-border e-commerce imports from China will surge by 121 year-on-year in 20232%。The money that South Koreans spent on overseas shopping was basically thrown into China, spending almost 6Of the 75 trillion won, more than 3 trillion of which was spent in China, accounting for nearly half of the share.
The United States, on the other hand, can only silently hold 185 trillion won, the share fell to 27%. This is actually quite telling.
Why is this so?
This has to talk about China's e-commerce platform, which is not only hot in China, but also more and more famous internationally.
Whether it is **, JD.com, or Pinduoduo, the internationalization of these platforms has done a good job, and the logistics system has also been optimized a lot.
This means that Korean friends can sit at home and buy their favorite Chinese goods with a click of the mouse, which is convenient and fast.
The most important thing is that the quality of Chinese goods has really come up, and everyone may have some preconceptions about "Made in China" in the past, thinking that it is cheap and not good.
But in recent years, the situation has changed greatly, whether it is electronic products, clothing, or daily necessities, Chinese brands not only have guaranteed quality, but also have more and more stylish design, and the cost performance is simply too high.
These Chinese brands are not only popular at home, but are also starting to make their mark in the international market.
Therefore, when Korean friends choose overseas shopping, they will naturally tend to buy things from China. On the one hand, it is because it is convenient and fast, and on the other hand, it is attracted by the cost performance and the quality of the goods.
This change actually reflects the improvement of the competitiveness of Chinese goods in the global market, which is of course good news for us Chinese, indicating that our products and services are being recognized by the world.
South Koreans "turn" to China for overseas shopping, not only because of the convenience of shopping, but more importantly, the quality and cost-effectiveness of Chinese goods have won their trust.
With the passage of time, it is believed that consumers in more countries and regions will also prefer Chinese products more and more, just like Korean friends.
This is excellent for enhancing the international image of Chinese brands, as well as expanding our export market.
However, seeing that China's form is very good, the United States cannot sit still.
The United States is not happy about this
Speaking of the rapid development of China's manufacturing industry, it is really emotional. The label of "cheap but not good" in the past now seems to be really a product of the old times.
The current "Made in China" has achieved in many fields that it is not only going hand in hand with international brands, but sometimes even surpassing.
The reason behind this is not only technological progress, but also management improvement, and more importantly, China has a huge production scale and cost control capabilities, which makes China's goods more competitive.
This dual advantage of cost performance has gradually increased the share of Chinese goods in the global market, and consumers in many countries have begun to regard Chinese goods as their first choice.
South Korea, in particular, is a country with a very developed manufacturing industry, and they have some complicated feelings when they see the rise of Chinese goods.
After all, a large part of South Korea's economy is supported by a strong manufacturing sector, and the increased competitiveness of Chinese goods is both a challenge and a pressure for them.
Against this backdrop, South Korea may indeed become more dependent on the United States, hoping to balance the impact of China's manufacturing rise by strengthening its relationship with the United States.
But then again, the situation on the US side is also quite complicated, and in 2024**, politicians like the popular candidate Trump will propose high tariffs on Chinese goods, apparently trying to change the status quo through drastic means.
Trump's policy of imposing 60% tariffs, if really implemented, will definitely have a significant impact on the relationship between China and the United States.
On the one hand, this policy reflects the United States' concern about the rise of China's manufacturing industry, and also shows Trump's determination to reshape the economic relationship between China and the United States.
However, the world economy is a complex system, and any extreme policy could trigger a chain reaction that could have a profound impact not only on the two countries, but also on the global economy.
China and the United States, as the world's two largest economies, every friction and adjustment between them will attract global attention, the United States debt soars, inflation is higher than the expected target, or think twice!
In general, although the global economic environment is complex and changeable, China, with its unique economic structure and market advantages, has achieved a certain degree of control over the United States"Victory"。
This is reflected not only in the changes in Koreans' overseas direct purchases, but also in the growing influence of Chinese goods in the global market.
In the future, with the sustained and healthy development of China's economy, we have reason to believe that the competitiveness of Chinese goods in the global market will become stronger and stronger, but we must also beware of the means of setting up barriers led by the United States to reverse the deficit with China.
Kunpeng Project