my gilded age

Chapter 811 The truth about trade spreads, Bai Shiqiu’s shocking words
In fact, Bai Shiqiu really thought about exposing everything himself.

Anyway, he doesn't care if he is shameless. As for whether there will be legal sanctions, that's another matter.

but!

Qianqian, acridine, Xiaoru, Yuanyuan...etc., even Xiaore, Jianguo and the others disagree!

Why?

There is only one reason.

You shameless bastard, but we still need shame!
That's right, girls are thin-skinned.

As for whether Bai Shiqiu's last words will give fans bad thoughts, that's it. . .

No matter what, why do you care so much?

Has the matter really been resolved perfectly?
Anyway, that's it, love it as you like.

Time flies, and 2018 seems to be passing faster. During the Spring Festival, the blockbuster "Operation Red Sea" launched by Red Galaxy and Bona won the box office championship, although it could not break the previous "Wolf Warrior" 2" box office record, but this kind of hardcore military movie is really great.

With "Wolf Warrior 2" and "Operation Red Sea", many investors have discovered a new direction.

Can our Chinese blockbusters be shot according to this routine?
These, let them spend their brains.

However, when good things have passed, bad things have followed, and the international economic situation has begun to deteriorate.

The moment Trump wrote 301, it was actually the beginning of the trade war. However, many people did not understand this, and even more people did not quite understand what the 301 Act was.

In fact, it can be simply understood that this is a Pandora's box with the devil hidden inside. After opening it, Trump cannot control it.

301 unlimitedly expands the power of investigation and even tends to interfere with the sovereignty of other countries. Of course, this is what the United States does all day long.

So does this matter have anything to do with Bai Shiqiu?

Of course it is related, and the development of this matter also made Bai Shiqiu a little at a loss, because he really didn't know that this was beyond the scope of his time travel.

How to do?
After some research with the team, Bai Shiqiu came up with a strategy.

Go ahead!
……

……

"Old Bai! Tell me, what on earth is going on?"

"Yeah, none of us understand it, so don't show off!"

"Yes, tell us about it. It's a hot topic recently. If a reporter asks me, I can answer it easily."

In Dongshan Villa, Qianqian went to raise her baby, and Xiaoru, Yuanyuan and Aiya were left. When they had nothing to do, they chased Lao Bai and asked about the hot topics of the moment.

"Okay, let me tell you about it." Bai Shiqiu is going to be a teacher again.

Xiaoru stopped talking and just listened. Yuanyuan and Aiya couldn't help it.

"Hurry up and tell us. We heard that it is China's problem? Our surplus is too high? Also, we have not fulfilled our WTO responsibilities?"

These are really good questions.

Bai Shiqiu smiled and said: "For WTO matters, you just look at the film market. China has not fulfilled its obligations? This is a huge rumor. In fact, in terms of the real economy, around 2010, we have almost fulfilled all of what we promised. Things, and in 2017, the cultural industry has also been greatly opened up. These are all the things signed at the beginning, and we really have no problem."

"oh, I see."

All three of them felt that this guy Lao Bai was quite real.

Bai Shiqiu continued: "Actually, Europe and the United States failed to fulfill their responsibilities, because the WTO had a very clear agreement at the time, that is, as long as 15 years have passed, then China must be recognized as a market economy country."

This is written in black and white. To put it simply, it is what we were supposed to do in the first place. One of the ultimate benefits is this: we are recognized as a market economy country.

There will be some related discounts.

The results of it?
Europe and the United States all refuse to admit it!
It can be seen that they are a bunch of bastards.It was written in black and white at the beginning that when the time comes, then we will be the ones to do it, but now they are doing this.

"What about the surplus?"

Yes, this is the key. It seems that China has indeed made a lot of money from the United States.

Bai Shiqiu smiled and said, "This is even more confusing."

What happened to the surplus?
It's very simple, it has something to do with taxes.

On the surface, China exports a large amount of goods to the United States, and we earn a large surplus.

However, don’t forget that a large number of American companies produce their products in China.

Basically, just look at two companies, one is Apple and the other is General Motors.

What is the sales volume of these two companies in China?
Over $2000 billion!
These are just two families.

What does that mean?

Because taxes, especially tariffs, are regional, we will not charge tariffs on things produced on our own land.

To put it simply, we don’t import a lot of American goods at all, but we actually buy them, and we buy a lot of them.

It's just that it's not reflected at all in the trade ledger.

Moreover, we also need to know that apples are produced in our country, so what about apples sold in the United States?

Yes, this is our country’s export!
So does General Motors, and so does Ford.

The previous news was that American brand cars produced in our country were sold back to the United States.

In fact, our country's products, especially the assembly level, are much higher than those in the United States. The products there are simply crappy. Let's put it this way. Americans buy the most Japanese cars, and the most luxury cars are German cars. The United States buys the most cars. When people buy American cars, the most popular one is the JEEP Wrangler, but this is the only one that stands out.

What's the Wrangler like?

There are also a lot of minor problems, and the previous generation Wrangler's upper lid did not close tightly, so as long as it was left outside, it would become a water-logged car when it rained.

This is the truth!
In fact, just do a simple calculation: the products produced by American companies in China are then sold to us Chinese, plus the American goods we import.

Surplus, yes, it is still a surplus, but this surplus has shrunk greatly, which is about 300 billion US dollars.

That's all, not at all as exaggerated as the trade statements suggest.

The key is that American companies make money in China, which is transferred through company accounts, and is reflected in the U.S. stock market statements.

Therefore, American economic leaders, truly sensible people, will never make stupid remarks like the United States’ deficit is too large.

In fact, American companies are making huge profits. If tariffs are raised, American companies will actually lose a lot of profits, at least on paper. This will affect the U.S. stock market.

There is not such a big surplus at all, so what is the truth about this trade war?
Xiaoru, Yuanyuan and Acridine are most curious about this.

"What else could it be? I have no money."

It's that simple?
Are the three girls satisfied with this?
Bai Shiqiu, who had six pairs of big eyes staring at him, was too embarrassed to stop talking.

"Actually, it's very simple. There is something called a ten-year U.S. Treasury bond. This thing has a ten-year term. How many years did the last ten years last?"

Having said that, it suddenly dawned on me.

The ten-year period is 08. At that time, we had our Olympic Games, and there were many memories of Bai Shiqiu in that Olympic Games, but there was one more important thing.

We bought a lot of [-]-year U.S. Treasury bonds.

After buying this national debt, a pattern was directly formed, that is, we formed an economic tie with the United States.

The core of the bundle is actually the national debt, and we have become the largest creditor in the United States. What is interesting is that our country has also done something.

In fact, since 08, the currency issuance of RMB has been pegged to the US dollar.

We will print as much as the United States sends and uses QE. And with this collateral, why do we print money?

It’s the U.S. Treasury bonds we hold.I haven't said it explicitly, no big shot has come out and said this, but this is what happened in reality.

Don't say it, but do it.

This is why the economy can be tied together. In particular, the performance of the stock market, A shares and US stocks, is almost synchronized.

Of course, in both markets, A-shares are still much worse. After all, there are too few good companies, and more funds are injected into real estate.

After Bai Shiqiu told these things, the three wives were concerned about other things. How will we fight this trade war?

Just don't be a coward.

Bai Shiqiu had such an idea.

As a result, a big event came out.

Chongxing, this company was taken over by the United States!
What the United States has done is probably unprecedented in the history of world economics, and it is considered a wonder among wonders.

Your own company has the goods and you don’t want others to buy them.

This is economic terrorism.

How to do?
"I have a chip! We can make it!"

Bai Shiqiu stood up and expressed his stance to the world!
That’s right, don’t be timid, just do it.

The chip industry that we invested in before has finally found its place.

By the way...the level of the chip is actually not very good, but we have the machine!

The level of chips is limited by patents. It is really difficult to avoid patents with the current architecture.

But fortunately, Huangtian paid off.

Mr. Ma is also engaged in this aspect, and he is not stupid.

Then, coupled with Rebus who had joined forces before, Bai Shiqiu had bought so much 'junk', those discarded experimental materials.

We really made a photolithography machine!

When Chongxing was stuck, we took out our own chips and lithography machines, which was a timely blessing.

but!

"Huh? They don't want it?"

"Yes, just don't!"

"This one……"

"Oh, to be honest, I feel very frustrated too."

"Lao Bai, their reasons are very good, because even if they purchase our chips, no matter what, the United States will still not agree. They will still lose the U.S. market. Moreover, in the field of 5G, the revival is still Finished."

Quite suffocated and speechless, Bai Shiqiu didn't expect this outcome. Both Mr. Ma and Rebus told him that there was no chance of the business we negotiated with Chongxing, and they didn't want our goods at all.

Heart congestion.

But this incident actually illustrates many problems from the side.

As for the matter of Chongxing, it has already been punished before, and finding fault this time is completely nitpicking.

But what is even more uncomfortable to watch is that a large number of people on the Internet really seem to be Americans in spirit, jumping out to accuse Zhongxing of doing something wrong.

This is so simple, it really makes people wonder what these individuals are thinking.

To be honest, Bai Shiqiu would never believe it without cents and rhythm.

Mr. Ma said it well, "Actually, the key to this matter lies in the issue of 5G. What the Yankees want to fight is a communication standards war. As for Zhongxing, to be honest, they are just caught by the other party, otherwise , Didn’t you hear the news from the United States? They are still planning to deal with the chrysanthemum factory, but they can’t find any excuse.”

That's true, that's true.

In fact, the revitalization this time does not depend on this one company at all, but on 5G. Many companies have invested a lot of money in this standard.

Let’s put it this way, this upgrade from 4 to 5 is not as simple as 1 in the middle. The amount of funds is around one trillion.

It's that big.

Interestingly, Chongxing was stuck, and Chrysanthemum Factory immediately came out and said that they were not optimistic about 5G.

The theoretical basis is that the cost is too high and it is not practical at all.

Although there is a threat that I will stop playing, it also reflects the huge problem with this standard.

So……

"Can we do it ourselves?" Bai Shiqiu said this abruptly, which was really weird.

Do it yourself?
Just us?
Bai Shiqiu said with a smile: "Anyway, our country has been playing with LAN for so many years. Let's continue playing with it now. How about we just get one, 4.5G?"

4.5G?

In fact, everyone understands that we need to develop a communication standard in our country and promote it ourselves. Moreover, we can definitely unite with several major telecommunications companies, as well as companies such as Chrysanthemum Factory and Chongxing.

In itself, the Taobao system plus the Red Galaxy and Rebus' coarse grain systems are already very powerful. If we can contact them, then everyone will come up with a set of standards themselves.

We don’t go out into the world, we do it within our country, with network speeds faster than 4G, using our own chip switch towers.

In terms of cost, it is estimated to be around [-] billion.

Anyway, in the 4G era, this is probably the cost, but you must know that at that time, American chips were used, and patent fees and other fees had to be paid to the United States.

"Do it!" Mr. Ma was ready to go all out.

Isn't it money!
Rebus directly added, "I'm going to go public."

This was really like hearing thunder in silence. Rebus pretended to be cool and cool. It was indeed powerful.

No one would have imagined that this neck-stuck incident and economic terrorism incident would lead to the birth of China's 4.5G communication, which is easy to use, cheap and fast.

Even Bai Shiqiu couldn't imagine that this thing would be so successful later.

As for the issue of going abroad, don’t forget that most mobile phone users in our country like dual SIM cards and dual standby.

In fact, because 4.5G is cheap and easy to use, it has greatly impacted the 5G network.

Of course, this is all for later, now, the summer vacation is coming.

The "Women's Alliance III" that Marvel has been planning for ten years is finally going to be released.

Bai Shiqiu has said before that the last film in the "Three-Body" series, as well as "Living Together", which he and Aiya, filmed together, are also coming.

Is there going to be another war?
But what no one knows is that a very heated discussion took place before the movie was released.

Regarding "Avengers [-]", Bai Shiqiu made a surprising statement during the movie screening.

"I don't think this movie is suitable for showing in our theaters."

This. . .

　thanks for your support!Thank you!
　　Everything Black Car says is true. You can check it out. In fact, Americans are not stupid at all. What Trump is doing now is just shooting himself in the foot.

　　In addition, American cars are really rubbish. What I have mentioned is only a small part. Back then, the three major American car companies collapsed. That was right. Who saved them?

　　They were saved by us Chinese consumers, and many of them caused us to suffer a lot.

　　Let me tell you something, Le Feng, I am afraid everyone has forgotten that for such a small car, let’s not talk about faults, just talk about fuel consumption. This car can make people doubt their life. Is what I bought a heavy-duty SUV?
　　In addition, the current CT6, a Cadillac car, actually has a short wheelbase and can barely be considered a B-class car. However, it ended up becoming a D-class car because the shell was enlarged and lengthened... I won’t go into details. real.

　　
　
(End of this chapter)