industrial overlord

Chapter 715 Cisse's Oath
"In the past four years, the Chinese have taken over most of the Western world's markets relying on cheap goods, which has not only caused a depression in Europe, but has also taken as many as 800 million jobs from Americans, It's time to end this!"

At the canvassing scene in Florida, Cisse, the 56th presidential candidate of the United States, waved his fist and called out loudly with a sonorous voice. The supporters in the audience followed him, waved their fists and shouted loudly:

"Take back our jobs! Time to end this!"

Time passed, and now it is the autumn of 2008.In this year, China successfully hosted the 29th Summer Olympic Games. The magnificent Olympic venues, the grand opening ceremony, and the outstanding performance of the Chinese Olympic Team in the competitions all showed the world an impressive China. .

This year, China's foreign exchange reserves soared to a level of 2 trillion US dollars. The whole country imported more than 2 million tons of crude oil, more than 6 million tons of iron ore, and a large number of other mineral resources throughout the year.At the same time, industrial products marked with the words "Made in China" have also flooded into major markets. More than 50% of the world's household appliances, more than 40% of textiles, 40% of machine tools and other industrial equipment, and an equally large proportion All kinds of household appliances are made by Chinese workers, which has won China the title of "World Factory".

In the same year, China's total industrial output value surpassed that of the United States. This is the first time that the United States has been surpassed by another country since 1894, when the total industrial output value of the United States surpassed that of the United Kingdom to become the world's number one.In fact, due to the gap in the pricing of industrial products between China and the United States, the physical output of China's industry has surpassed that of the United States a few years ago, and now it is only confirmed in terms of value.

Surpass Britain and catch up with America, this is the slogan put forward at the beginning of the founding of New China.At that time, it seemed so pale and ridiculous for a country that had not even completed industrialization to put forward such a slogan to the world's number one industrial country.Today, the ideal of surpassing Britain and catching up with the United States seems to have become a reality just inadvertently, but people are no longer overly excited, because everyone knows that this is just something that will come sooner or later.

Compared with China's brilliance, the situation in the western world looks a bit bleak.Since the financial crisis in the early 90s, Japan's economy has not improved for nearly 20 years, and its economic growth rate has been below 1% for several years.The situation in Europe is also worrying. The debt ratios of most countries in the EU are far beyond the boundaries warned by the International Monetary Fund, and several countries have fallen into serious debt crises.

On the surface, the U.S. economy is still somewhat glamorous, but wise economists know that this glamor is only based on huge domestic and foreign debts.The U.S. runs a trade deficit every year, and the trade with China alone runs a deficit of hundreds of billions of dollars a year. It has to rely on borrowing from China to balance the deficit.Unknowingly, the United States has become the world's largest debtor country, and its largest creditor is naturally the booming China.

The domestic debt of the United States is also dangerous. In order to maximize profits, Wall Street tycoons frantically expand credit and blow up the credit bubble.Every financial tycoon knows very well that this bubble will burst sooner or later. At that time, the entire United States will suffer from the most terrible financial crisis in history.But these tycoons don't care about this, they firmly believe that they will not be the last stick in this "pass the drum" game. After the bubble burst, the loss is only the people and the real business. What has it to do with the financial world?

The madness of the financial industry has brought about the depression of the real economy.It is too easy to make money in the financial market, who else would like to work hard to earn that little hard money in an entity?The light industry of the United States has all been transferred to developing countries represented by China, and heavy industries such as steel, shipbuilding, and machine tools have also been lost. The United States is no longer the super industrial empire that can provide equipment for the world in the past.

The decline of the industry has brought about the rising unemployment rate, so that during the presidential election, the employment issue has become an important topic that candidates have to talk about.It is intriguing that, when talking about the unemployment of American workers, both candidates have coincidentally blamed China for the crux of the problem.

There are always some striking similarities in the thinking of politicians.When China's economy was in trouble, the leaders told everyone that it was due to the imperialist blockade.Now, when it's the turn of the US economy to run into trouble, the US presidential candidates have adopted the same strategy, pointing the finger at China across the ocean.

The same reasons do not mean the same coping strategies.After scolding China, the two presidential candidates prescribed their own prescriptions.The solution proposed by the Republican candidate is to strengthen trade sanctions on Chinese goods and force the appreciation of the renminbi to weaken the competitiveness of Chinese goods.Cisse, who is from the Democratic Party, has a strongman style. He proposed that the United States cannot rely on trade protection to protect its own interests. The United States should actively participate in competition and defeat China with its strength in the economic field.

"Mr. Cisse, if you are elected president, what measures do you plan to take to take back these jobs from the Chinese?"

The reporters standing in the audience raised their microphones and asked Cisse questions. In fact, these reporters were pre-arranged by Cisse's campaign team. Their role was to keep asking questions to make Cisse There is an opportunity to perform to the fullest.To use the terminology in Chinese cross talk, Xisai is the joker in the scene, and the reporters are the joker.

Cisse replied vigorously: "If I am elected, I will provide large-scale financial subsidies to the manufacturing industry, and at the same time propose a tax cut bill to Congress to revive the American manufacturing industry. We in the United States not only have We also need to maintain our eternal advantages in manufacturing.

Economists predict that this year China's manufacturing output will surpass that of the United States for the first time and become the world's number one.If I am elected president, I am confident that this first time for the Chinese will become the last time, and they will never have the next chance to surpass the United States! "

Cisse's words naturally received another round of warm applause.Cisse is younger and more ambitious than his rivals, which he calls his own American spirit.Against the background of the drowsy real economy, his positive spirit can indeed give people a bright feeling.

"Mr. Cisse, do you mean that we Americans will produce our own pants and socks in the future?" The reporter asked the next question just right. He knew that Cisse had prepared a more exciting narrative.

"No, these labor-intensive industries will never become the choice of the United States!" Cisse said, "We want to revitalize the manufacturing industry by relying on technological innovation. In this regard, we have no one else. The advantages of rivalry, especially far beyond the level of the Chinese. We must use our advantages to develop emerging industries and occupy the global market share of emerging industries.”

"So, which emerging industries do you think are the most worthy of advocacy?" The reporter asked.

"Clean energy!" Cisse replied without hesitation, "As the issue of global warming attracts more and more attention, the use of clean energy will inevitably become the development trend in the next 20 years. In this regard, the United States will be at the forefront of the world. We want to vigorously develop the wind power industry and solar energy industry, we want every wind turbine rotating on the seaside of the world to be marked with the words "Made in America", and every solar panel covered on the roof of the world is made by hardworking and smart people The hands of the American working man."

The reporter asked again: "Mr. Cisse, as far as we know, China has also started the wind power and solar energy industries. Does this mean that Chinese and American companies will have fierce competition in these fields in the future?"

Cisse smiled and replied: "Dear sir, I think your worries are completely unnecessary. In these new fields, the advantages of technology cannot be replaced. What the Chinese are good at is producing low-end products. Rely on low prices to occupy the market. I have consulted with technical experts. In the two fields of wind power and solar energy, the technology level of American companies is at least two generations ahead of China. It can be said that the Chinese are in these two fields. In this area, it is completely unqualified to have a dialogue with the United States."

"Wow!" The applause broke out again, and the audience in the audience was infected by Cisse's optimism. They firmly believed that no power in China could compete with the United States, and the final victory must belong to the Americans.

Echoing Cisse's wild words, in the "Hanhe Industry Review" published shortly thereafter, Ping Tuzi, who has always been known for bad-mouthing China, published a new article, saying that "China will become another rusty country." Zone", the word in English is called Rust_Belt.

In this article, Ping Tuzi cited a series of data such as China's steel production and power generation, and used a very convoluted logic to draw the conclusion that China's manufacturing advantages no longer exist.Pintuzi predicted that as the United States launched the plan to revitalize the manufacturing industry, China's manufacturing industry will be in trouble, and a large number of factories will be forced to close. The fate of the equipment in these factories will be rusty.

Unsurprisingly, Ping Tuzi's Hongwen has been sought after by the U.S. government and the public.No one remembers that he predicted China would collapse within a few years years ago, and now, the time for the collapse he predicted has long passed.Following the theory of China's collapse, the theory of China's rust has once again appeared on the pages of the mainstream American media, and the whole country has fallen into the longing for "China is rusted".

(End of this chapter)