However, the Qin Dynasty used a mere area to expand the power of ten thousand times, ordering eight states and dynasty in the same row, which lasted for more than a hundred years; then it made Liuhe its home and Weihan its palace; when one man was in trouble, seven temples were destroyed, and he died at the hands of others. , why are you the one who laughs for the world? If benevolence and righteousness are not applied, the offensive and defensive momentum will be different – Jia Yi’s “On Guo Qin”
Last week, the German Chancellor visited China, and with him were the heads of 12 giant German companies, covering all walks of life, which attracted widespread international and domestic attention. .
Data source: Fortune website
One side “PUA“, the other side “referring to a deer as a horse”
Germany has been having a very difficult time recently. As a major manufacturing country, Germany’s energy and resource security is a top priority. However, as a defeated country in World War II, Germany’s domestic politics have been greatly influenced by Western countries led by the United States. Especially after Merkel left office, it has become even more difficult for Germany to hold a favorable position when dealing with Russia. Russia is obviously one of the most important sources of low-cost resources for Germany, but it can only take an opposing stance in the Russo-Ukrainian war. Even if the Nord Stream pipeline was bombed later, Germany, as one of the biggest victim countries, everyone knew who was behind it, but they could only accept “disguising a deer as a horse.”
The same is true for the relationship with China. China is obviously one of the most important markets for Germany. Sino-German economic and trade accounts for 1/3 of China-EU trade, but it can only follow the so-called Western Go politically correct. Adidas has had a huge impact on the textile industry. Since 2018, Adidas’ sales growth has begun to slow down. In 2020, its revenue fell 16.2% year-on-year, 2021Annual sales decline again. Adidas CEO Casper·Rosted said in an interview with foreign media in August this year that Adidas Revenue in Greater China fell 35% in the second quarter. In addition to being affected by the new crown epidemic, Adidas itself also “ Mistakes were made”.
This year’s Russia-Ukraine war and the Federal Reserve’s interest rate hike were said to be sanctioning Russia and reducing inflation, but the final result was a massive exodus of industry and capital. Germany paid a huge price, and the prospects are very worrying.
To use a buzzword on the Internet today, Germany is crazy about “PUA” by the United States.
Logical differences between East and West
In the history of the founding of New China, we have learned a principle from practice, which is to “make as many friends as possible and as few enemies as possible.” This is also China’s consistent diplomatic logic, and also It is precisely based on this logic that some of the international strategies we have made are based on win-win cooperation, such as the “One Belt, One Road” and the “Community of a Shared Future for Mankind”. We strive to benefit all participating countries and try our best to Show the demeanor of a great country.
But the logic of the West is not like this. Especially after the involution of ballot politics, most voters can only see immediate benefits and are easily affected by emotions. The strategy is not very popular. Especially for a global hegemon like the United States, if the current economy is to be maintained, it can only continue to print money and overdraw US dollar credit. This short-sighted strategy will not only hit its opponents, but also its allies.
This year’s market environment is not good, and I believe most textile people have felt it. This is mainly because the world economy has entered a downward cycle. Except for some resource countries, China’s economic performance is already considered excellent in the world, but even its relatively excellent performance still makes people feel that the market is not good, let alone other countries.
In this case, China’s strategy is to achieve win-win cooperation by enlarging the pie; while the United States has indeed continued to raise interest rates, making the world��Gonghuo, “A dead Taoist friend will not die a poor Taoist”. If China cannot harvest, it will harvest allies. This trend is intensifying especially as the midterm elections are approaching.
Practice “internal strength” hard and beware of unexpected disasters
After reviewing the development of the textile industry in recent years, the editor can’t help feeling that traditional economics is important, but political economics is equally important. A few years ago, the development of China’s textile industry could still be analyzed from an economic perspective, and its rise and fall could be seen in a three-year cycle. However, in recent years, whether it is trade friction or the Xinjiang cotton incident, it was all invented by the United States out of thin air. For specific companies, it may be that millions of meters of finished products have been canceled, and several percent of orders from old customers suddenly cannot be fulfilled. This is what countless domestic textile workers have encountered in recent years.
Behind World War I and World War II was the competition for raw materials and markets. Now with nuclear weapons, the possibility of hot war between major powers has been greatly reduced, and people have become accustomed to the behavioral patterns of peacetime. However, after the Russo-Ukrainian War, especially the experiences of European countries like Germany, people had to re-emphasize the importance of resources and markets.
At this time, the mutually beneficial and win-win strategy and the great power structure become particularly valuable.
The relocation of European manufacturing industries, represented by Germany, includes the high value-added textile industry chain that textile people have always wanted but could not access. For textile companies, although demand has shrunk a bit now, they have not yet encountered a situation like Germany where energy prices doubled several times in a few months, the currency depreciated wildly, and labor costs soared, making it completely impossible for companies to survive. The market is still there, so the primary goal is to survive, improve one’s competitiveness, maintain healthy cash flow, not be eliminated by fierce competition, and rely on “internal strength” to survive the “unexpected disasters” caused by unfounded reasons abroad. “.
After these two years have passed, I believe the company’s strength will change qualitatively compared to now.
Editor’s remarks: Recently, due to work reasons, the editor has interviewed some business leaders of certain-scale textile companies. They are all people with feelings about their family and country, and they also understand that only when the country is strong can they do business for a long time. As we continue to do so, we have a clear understanding of the impact of similar trade frictions. Considering the current economic situation and the recent visits to China by leaders of many countries, it may be in line with the phrase “big changes unseen in a century.”
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