Rewrite the Technological Landscape

Chapter 999 Trade Deficit

On the afternoon of October 2, Huaxia did release a piece of data, which was the trade data between Huaxia and other countries in the first three quarters.

The data shows that despite various restrictions, Huaxia's exports continue to grow, especially the export of the technology industry has maintained a very stable growth rate, and Huaxia's market share in the field of international technology products is increasing.

However, it is not these data that many people care about, or what has caused heated discussions. It is not a restriction but a promotion of development. After all, everyone has already talked about this topic to the point of being too lazy to talk about it.

This time, the topic that suddenly aroused heated discussions was that Australia and India's imports from China in the past three quarters hit a record high, and the trade deficit also hit a record high.

This can't help but arouse the doubts of netizens from many countries, especially netizens from the Three Kingdoms, what happened?

What about reducing cooperation?

What about reducing imports?

What about self-reliance?

What about confrontation?

Both imports and trade surplus hit historical records? So everything I said before was lonely after a long time?

For many people, it is really curious about the reasons behind it.

However, if this data is released on weekdays, everyone's curiosity will basically not be explained, and there is a high probability that it will only become a topic of conversation after dinner.

Unfortunately, this is the period when the Global Online Electronic Technology Products Exhibition is being held, and this afternoon, it happens to be the time for the key sections of several common electronic products in a row. Some explanations.

Everything is so coincidental.

The first person to mention this topic was a bigwig from the World Trade Organization. He also shared the data with you, "From more detailed data, it can be seen that Australia and India have actually reduced the import of a lot of Chinese products. This matter is not just talk, it even includes Huaxia's best-performing smartphones and smart home appliances.

But the problem is that when they reduce their imports from China, they will inevitably need to import from other places to make up for this gap. At this time, they have to face the reality that many products cannot fill this gap from other places, especially For India, a country with a large population, they had to make some roundabout strategies.

It can be said that thanks to some of their practices, in the process, it proved to the world that China's products in many fields are irreplaceable and have a strong market share.

However, their determination is still there. While adopting some roundabout policies, India also made another decision, taking this opportunity to make it by itself. To be honest, this in itself is a very good decision.

It's just that equipment and raw materials are needed to make them by themselves, and then they have to face the reality that a large amount of equipment and raw materials still have to be imported from China.

Imports to China had to increase again.

Some people may ask, can't equipment and raw materials be imported from places such as the United States and the neon country?

Of course, but in terms of large supply and supply of new players, no country in the world can compare with China in terms of supply efficiency, unless Indian companies are willing to spend more money, spend more time, and create lower profits products, I think most companies cannot do this.

And it is actually necessary to talk about the matter of self-made things in depth, because anyway, it is definitely a good thing to start more self-made things, and it can be regarded as a change from making things that are not as good as buying to buying that is not as good as making things.

According to past history, as long as India can persist and focus more on independent research and development, the quality of products will improve after ten or twenty years. From Germany to the United States to the neon country and then to China, in fact, everyone has such a process.

But the problem has arisen again, because Indian companies do not have supply chain advantages, the cost performance of products produced by Indian companies is completely incomparable with that of Chinese products, and more importantly, companies from more countries have obtained the rules after entering the new supply chain rules dividend.

That is to say, India's self-made products are not only not as cost-effective as Chinese products, but also not as good as those countries that may have just started to make their own.

When they decided to make it by themselves, the whole world has entered the transformation from self-made to global cooperation.

To use an example that is easier for everyone to understand, twenty or thirty years ago, it was possible to break through the sky alone, but in 2019, it does not mean that it is impossible to succeed alone, but it is indeed difficult to succeed. Everything starts to pay attention to the team.

As for the manufacturing industry, in the past, each country created its own manufacturing advantages by fighting alone, but now it has entered an era of global cooperative manufacturing, and it is difficult to succeed by fighting alone.

It is indeed a correct choice for India to choose to manufacture by itself, but it is a step too late, especially for them, their problem is not only in core components such as chips, but the entire manufacturing industry is overly dependent on imports.

A more serious problem is that they now seem less willing to accept the new rules of international cooperation.

So India's problem is not just a trade deficit with China.

If they don't change, if they don't accept the new environment, it won't be long before they will be more dependent on imports than in the past, more products from all over the world will come into India, and it will be difficult for them to export their products.

And this time the dependence will become extremely passive, because in the past they could use the market to trade something, but in the future they will lose the qualification to trade because they were eliminated by the market or even by the times. "

After a big guy made a general dissection of the problem, the India-Australia trade deficit with China began to further ferment, especially as more countries began to disclose data.

It has long been known to the world that Southeast Asia began to snatch software orders from India some time ago, and this competition for orders has continued until now.

Starting from October 2, many countries in Africa, the Middle East, Eastern Europe, and Lamy have successively disclosed the data of the first three quarters. These data show that they are crazily encroaching on the overseas markets of India and Australia.

And at the current global online electronic technology product exhibition, this incident broke out.

The purpose of this online exhibition is to purchase, but the convenience of logistics, preferential prices, efficient communication and the blessing of the entire platform support system, if the blow to a country with a large number of core technologies like the United States is 20 points , the blow to countries like India and Australia, especially India, started at least 80 points.

Those customers who originally purchased from Indian companies began to change directions after visiting the online exhibition.

Bangalore, India is in chaos at this time. More companies are facing an order crisis. A large number of marketing personnel have resigned collectively. Employees have taken to the streets to seek help from the state.

If the new supply chain is a shock to India, then the development of the new trading system is a disaster for India.

Unless, they can stop the loss in time and make a change quickly.

A group of people are sitting in a conference room in New Delhi, India, and one of them is on a long-distance call.

"Huaxia and their current system are helping a large number of companies in developing countries to accelerate their presence in world trade. Even if the technology of those companies is similar to ours, they now have a more complete system to support them. It is easier to be accepted by customers, and now we must quickly destroy that system."

"You tell me, how do we break that system?"

"Isn't this something you should consider? We have done our job well and built a world IT factory, but now a globalized world factory has appeared, what can we do?"

"If your competitiveness is not so weak, there will not be such a big crisis in just a few months."

"Then you haven't thought about why our competition is weak? Also, are you still unable to deal with them now?"

"We'll figure it out."

The other party hung up the phone directly after leaving an unconvincing sentence, and the office fell into silence. After a long time, someone finally said, "We can't control that much anymore."

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