There is a very important insistence on the part of the United States during the negotiations, and that is the currency peg. This peg refers to the surplus of U.S. dollar foreign exchange in the trade between the two countries. What does it mean? That is, the foreign exchange income is one U.S. dollar, and the money does not directly enter the domestic market.
Instead, it went to the Central Bank and issued 8-yuan soft coins according to the currency value.
There is a story about exchanging 800 million shirts for a Boeing aircraft, which just illustrates the current status of the domestic foreign trade industry.
There is an exaggerated term for the so-called labor-intensive industry - sweatshop.
Being at the lowest end of the industrial chain, even so, the United States is still making things difficult for China on the issue of joining the WTO.
There is no way, the current United States is a bit like the United Kingdom after World War I, and its comprehensive national strength is at its peak.
The so-called fire cooks oil, but that's it. Often at this stage, a country begins to decline.
"I didn't expect that Mr. Fang has quite a lot of research." Researcher Guo hesitated for a moment before saying something that he was not very confident about.
"I'm just guessing. I haven't studied finance, but I know some American history. During the Reagan period, he advocated deregulation of finance and engaged in neoliberalism. Thatcher also did the same at the same time. Financial capital and industrial capital dominated
In the United States, under the wave of neoliberalism, industrial capital has been transferred one after another, and financial capital naturally dominates."
Upon hearing this, Researcher Zheng patted his thigh and said, "This is about looking at the essence through phenomena. Although Mr. Fang has not learned relevant theoretical knowledge, his insight is first-rate."
Researcher Guo smacked his lips and was speechless. He looked at his companion helplessly and thought, maybe he is being modest? A mastermind behind the creation of the Peak Fund does not understand finance or economics. Do you believe it?
"Mr. Fang thinks that if a compromise is made, will the United States just give up?" Mr. Guo's attitude has changed subtly. He is no longer as conceited as before, and his tone is more sincere.
"How is that possible? When you talk to Americans, you have to use a language they understand. Our country talks about win-win and mutual benefit, and Americans also talk about win-win, but it's just the United States winning twice. Mutual benefit means that both parties have to do something.
Make decisions that are beneficial to the United States. When talking to Americans, your attitude must be very clear and firm. There are certain things that you cannot make any concessions on."
"Since then, the negotiations have become even more elusive." Researcher Zheng said a little confused. Whether he can join the WTO will have a great effect on boosting the domestic economy. Domestic enterprises are really like that. As long as they
If I do this business, you will all be killed.
This is how Chinese people do business. In industries where they are not leading, they will do it as long as they can make money. They will compete on price and use service.
"Probably, if there are no accidents, the United States will not make changes easily. Since the Asian financial crisis, the direction of the United States' China policy has changed. In terms of monetary policy and opening up financial markets, the United States will have some changes.
If you ask for more, one thing you must insist on is that if you put forward your request, just put it off. The industrial capitalists in the United States will lose patience in the long tug-of-war and take the initiative to put pressure on the U.S. government.
of."
"Are you saying that there is an irreconcilable contradiction between industrial capital and financial capital in the United States?"
"Interests! Whether there is a contradiction or not depends on interests. American industrial capital's investment in China is to make money. Anyone who stops it from making more money is the enemy of industrial capital. I'm just talking casually,
It’s not my turn to speak on these things.”
Fang Zhe started to take it back, and it was almost done. The two researchers were still a little unfinished, but Fang Zhe had already stopped and started talking about him. The two of them said goodbye knowingly and left. Meng Tingzhi walked to the door and came back with a smile on his face.
"Xiao Fang, I knew you could do it!" Meng Tingzhi's attitude toward the current job is not so keen on grabbing power. She just wants to stand on the last shift and be able to contribute some effort to the department.
One point. As for today's situation, what's more important is that in order to gain a foothold in the department as soon as possible, Fang Zhe should be given something to show his face.
Difficult points: Sponsorship is a drop in the bucket for Fang Zhe. But these researchers who can turn their research into reports that reach heaven and earth may not be of much help to Fang Zhe now, but in the future, a single sentence may play a huge role at a critical moment.
.
"By the way, Xiaofang, do you really plan to get involved in the semiconductor industry?" Meng Tingzhi thought of this topic. She is not a low-ranking person and can still be exposed to some national policies. Because of money issues, the country has no control over semiconductors.
There has always been controversy in the industry. This has also led to the fact that the industry has been in a state of starvation for a long time and cannot even think about rapid development.
There is only so much in the fiscal budget, and money is needed everywhere. The long-term rapid development of the national economy does not mean that the country will have money. It will have to live in hardship for another ten or eight years. If it has some money, the country will choose to subsidize agriculture.
Well, when it comes to subsidizing agriculture, it’s really not as practical as limiting the prices of pesticides and fertilizers.
Objectively speaking, this later agricultural policy still brought many practical benefits to farmers within a certain period of time.
"Well, I want to do it, but it's a bit difficult. Even if you are a foundry, you can't just do it if you want to. My current direction is memory, but in terms of chips, it still depends on the faces of Japan, South Korea, and senior officials. We obviously
There is a huge market, but it is unable to control prices. We will face many similar situations for a long time in the future. Especially for bulk commodities."
"Well, our country has developed an export-oriented economy, relying on the price advantage of labor. This path has proven its feasibility. It can solve the problem of foreign exchange and employment. This is the only advantage at present. The most important thing right now
It’s still two’s negotiation. If we don’t solve this problem, it’s like we can’t even buy a ticket, so how can we get on the train.”
Meng Tingzhi had been a local official, and of course he understood that the policies made by the country did not come out of thin air. They were decisions that were made in the best interests of oneself based on one's own actual situation.
"Yes, if you want to occupy a place in American-led globalization, you must first get a ticket to get on the train."
Many times, it's not that you don't want to choose, but that you want to achieve your goal, so you have no choice.
The core of international politics is power. The current power is the United States.
In other words, you can’t be too strict. If you want to develop, you must first be stubborn. Fortunately, the country seems to be very weak now. Americans would never have thought that in just twenty years, a developing country with a population of more than one billion would grow