China responded to the high rise in US debt at the expense of local production capacity economy
Writer： Hengfeng you electric Time：2023-04-26 views：times
Recently, all parts of China began to limit power supply to industries with high pollution and energy consumption, especially in Guangdong, China, which affected the most small and medium-sized enterprises, and a large number of high energy consuming manufacturers such as steel and aluminum stopped production in varying degrees. On the surface, it is power rationing. In fact, it is planned to control domestic demand for bulk commodities and deal with the high rise in US debt at the expense of local production capacity economy. In the next few months, European and American countries will feel what CPI takes off! Today, Martin, the economic consultant of hengfengyou electric, analyzed the specific reasons:
1. The unlimited expansion of US debt is a dangerous move for the world economy. Coupled with the epidemic, the world economic demand will be greatly reduced, but the price of bulk commodities will rise sharply (capital hedging + capital speculation). The upward trend of RMB exchange rate has taken shape, and the real international (National) financial game has reached the most critical period.
2. At present, many Chinese export manufacturers export at a discount in order to order. A large part of the gross profit is less than 10%. The internal friction is to this extent. This is the production capacity to be cleared. Let's think about it. We have to sell at a discount. We have to sell under the pressure of rising upstream prices and soaring power costs. Where does the profit come from? In this way, how can we afford to spend money and how can we afford to engage in internal circulation?
3. At present, China's power is mainly thermal power. Due to the high cost of coal mining, high environmental pollution and poor quality, China has been relying on importing coal resources from Indonesia, Brazil, Australia and other countries in recent years.
After breaking up with Australia and not selling it, we can only use high-quality and not so good coal at domestic prices. Power enterprises can only reduce production at a loss, resulting in insufficient use. Therefore, power is limited, and the development of green power is imminent. Because the United States and Europe let China reduce carbon emissions, coal enterprises limit production and exacerbate the contradiction between supply and demand
4. In order to achieve the goal of carbon peak in 2030 and carbon neutralization in 2060. At present, China is the world's largest carbon emitter. According to the data in 2020, China's total carbon emission has reached 10.251 billion tons, and the carbon emission per unit GDP is 0.653 kg / USD. China's carbon emissions in the four major fields of industry, energy, construction and transportation account for about 90% of the total domestic carbon emissions, of which the carbon emissions generated by the use of coal account for 71.1% in 2020. There is great pressure on the transformation of production and living system to green and low-carbon.
Based on the above factors, China's recent power and production restriction will not be greatly improved in the short term. In the future, China will transform to low energy consumption, low pollution and high value-added industries. As an export-oriented enterprise dedicated to the power transformer industry, Qingdao hengfengyou Electric has actively responded to the national goal of carbon peak and carbon neutralization, and has been continuously committed to the R & D and manufacturing of low loss distribution transformers. At present, it has a number of invention patents, and its products have been exported to Spain, France, Zimbabwe, Tanzania, South Africa, Ghana, Ethiopia, Iraq Kuwait, Uzbekistan, Kazakhstan, Vietnam and other more than 30 countries in the world. Hengfengyou Electric has strict work flow and ISO quality standards to ensure that it provides first-class electrical products and best services to users all over the world（ info@hengfengyou.com )。
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