Lang Xianping: Does The World Say "No" To China?
Ladies and gentlemen, summarize the world's expression with a few words.
The world is unhappy.
"
Why is the world unhappy? Because the world is right.
RMB rate
Urgent.
Look at what the president of the Bundesbank said. He said that China manipulated the exchange rate. He warned that the exchange rate as an additional policy tool was a misjudgement of the situation. He also said that G7 reminded the emerging economies with favorable balance of payments to push forward a more liberal exchange rate policy.
Before G7 reached the agreement that the exchange rate should reflect the economic fundamentals.
Last month, the US House passed the "Renminbi bill". Now, Americans have postponed the exchange rate policy report of major trade partners. Why? They are going to burn the RMB exchange rate to G20.
Not only are the developed economies complaining that emerging market countries are also trying to lower their currencies with the anxious countries, including Brazil, and Brazil's finance minister also suggests that G20 make a new version of the Plaza Accord.
I find out why the world is busy saying "no" to China. I tell you, now is the eve of the war.
In May this year, I predicted the dozen wars in the new imperialism in China 2, the exchange rate war, the bubble war, the climate war, the low carbon Dollar War, the new energy war, the new energy automobile war, the financial capital war, the industrial capital war, the pgenic war, and even the cultural war.
Unfortunately, I was all told.
Of course, my prediction has never been missed.
Now, these dozen wars have been or are about to start.
China says "no" to the world? It's so funny.
Ladies and gentlemen, this is not the time for China to say "no" to the world, but the world is saying "no" to China.
Should we thoroughly reflect on this situation? I think about these questions in my new book, Lang Xianping: Why are our days so difficult?
When it comes to China's economy, I have something to say.
What new square agreement, everyone, the exchange rate war is only the first step.
What do Americans want in the long run? That is forcing China to open its financial markets.
I have long predicted that China's economy will face three major crises -- asset bubbles, economic stagnation and inflation.
So how do Americans deal with us? The three weapons in their hands are exchange rate wars, trade wars and cost wars. Their purpose is to achieve the goal of economic colonization in China.
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In these three wars, the exchange rate war is the main battlefield, and the other two are the battlefields.
Through the trade war, the United States forced us to make concessions in the exchange rate war, thus hitting China's exports.
At the same time, the United States, through the cost war as an auxiliary means, has fully stimulated the prices of raw materials in international agricultural and mining fields, worsened China's inflation, and offset the benefits of imports brought by the appreciation of the renminbi.
However, apart from striking China's exports, the exchange rate war also has a longer term aim to force China to open up the financial market, and then a copy of Japan's mistakes to achieve the goal of killing two birds with one stone.
In 80s, the Americans forced Japan to open up agriculture and service industries to bait, and to induce Japan to make concessions in opening up the financial market.
After Japan introduced financial derivatives to break the economic bubble, Japan plunged into a depression of more than 20 years.
Back to the renminbi, what does the Chinese government say? If the RMB appreciates more than 5%, it will seriously hurt China's exports.
Well, since you can't substantially revalue the renminbi, you must yield and compromise in other areas.
As you all know, East India Company, which replaced East India Company in the late nineteenth Century, was Jardine international.
This Jardine company has two wings, one is financial capital and the other is industrial capital.
What does industrial capital do? Invest in a "Fortune company" and mine in Shanxi and Henan.
Financial capital, borrowed money from HSBC, built railways in China, including Beijing Shenyang and Huning.
By twenty-first Century, these two capitals have been playing with Chinese people.
So what is the point of the problem? That is, what do Chinese enterprises do under the double attack of industrial capital and financial capital? Do our enterprises and entrepreneurs have the strength to break through? My answer is very simple. It is impossible to break out of financial capital, because the level of financial capital and we can be said to be different from each other. They are too strong. Look at this Greek crisis and know how big the Wall Street is.
So our only way out is to get back to industrial capital.
Pricing power
。
But do you think it's enough to do so? It's far from enough.
Our enterprises also need to further grasp the nature of the industry and the integration of the industry chain, such as women's shoes, sports shoes, red wine and tea to face the consumer's industry. We must grasp the essence of the industry and integrate the 6+1 industry chain at the same time to break through.
So what is the middle industry of other industries instead of facing consumers? Basically, it is the problem of industrial chain, such as mining, cement and construction machinery. For these industries, the integration of "6+1" industry chain is the most important.
However, some industries facing consumers do not have the problem of industrial chain. Only the essence of the industry can survive in the Chinese market as long as the essence is grasped. These industries are basically not involved in manufacturing, such as the network industry.
Are there any successful breakout of Chinese enterprises? Are there any games for Chinese enterprises? Let me see what I say in I and II in Chinese enterprises no play.
Some of our industries have broken through successfully, such as women's shoes (like BELLE) and sports shoes (like Anta).
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