Age of Dreams

As countries continue to inject capital to stabilize the stock market, the changes in the stock market have become very elusive, and the amplitude of the rise and fall is dazzling. m

The European and American central banks, which are closely watching the changes in the stock market and financial markets, are ready to make up for the leaks at any time. Suddenly, they are inexplicably angered by China's actions.

On August 13th, the Ministry of Commerce of China announced that, after complaints from Chinese auto companies, it has decided to conduct unfair competition and profiteering dumping investigations on Porsche cars, and may impose countervailing duties 38% and anti-dumping duties 26% on Porsche.

The current Porsche is not a luxury car after 2010. The local tyrants are crying and crying to order luxury cars, waiting for a year or raising the price of 200,000 to pick up the car, etc., which existed in 2013, but they are still selling hot.

Nowadays, Porsche’s sales in China have not been opened at all. The first reason is that it is too expensive and the roads and actual conditions in China do not allow it. The second is that the Internet age has not really arrived. The Chinese people generally still have a luxury car standard. BMW and Mercedes-Benz, the third is that China has not yet entered the era of the property market bubble, and there have not been many rich people who have rapidly erupted because of real estate.

The third is the most important element. In the future, not only Porsche will benefit, but even Land Rover, a brand sold to the Indian Tata Group, will also make a lot of money because of the super popularity of the Chinese market.

As a result, in 2013, the Saab SAAB car, which has been swept into the garbage dump, was also preparing to resume production of high-end cars in the Chinese market for a rebirth.

Ok.

That is just the future.

For now, Porsche's market in China has only slightly opened up. They didn’t sell much, and even the cost of laying channels was higher than their profits in the past two years.

The announcement of the Ministry of Commerce of China was a bolt from the blue for Porsche, and they didn't know who they had offended. Why would the Chinese government inexplicably attack them?

Chinese consumers who have not fully understood the charm of Porsche in the first place have a big wait and see on the price of Porsche. Now if the price is increased by at least 50%, who would dare to buy it?

All of a sudden, Porsche's public relations department immediately activated an emergency plan, ready to go to the Chinese government to listen to the news.

But then they discovered that China's General Administration of Customs had issued a notice that Porsche cars would not be allowed to enter China in the near future. If you don't want to be detained, just transport it back by yourself.

All of a sudden, it caused them to bleed. It is possible to negotiate a price increase, but you can't sell it. What do you mean, do you kill it?

The news reached Germany, the German business and political circles who had no favorable impressions of China. Immediately launched a bombardment of the Ministry of Commerce of China.

Of course, there are deeper reasons for this.

Porsche is actually a very large consortium. The debts they owe to major banks alone exceed about 10 billion U.S. dollars. If they are unable to make efforts in emerging markets such as China, it is very likely to bring about huge disasters.

The two big families that control the Porsche Group are both famous families in Germany, with deep financial and business resources, and Porsche’s bond banks have contributed to the flames, so the news media quickly promoted the bombardment of the Chinese government. Easy things.

Europeans and Americans know it. The Chinese government does not like to confront them head-on, and usually makes a bit more aggressive, then the Chinese government will back down.

However, this time the Chinese government's methods were beyond their imagination.

On August 14th of the next day, the three central banks of the United States, Europe, and Japan announced again that they had injected a total of 72 billion US dollars in assets to rescue the market. The Ministry of Commerce of China, which was at the center of the storm, stood up again.

“In view of the EU’s long-term dumping of wine, whiskey and other alcoholic beverages in China, the illegal monopoly of automobiles, airplanes and parts, and the unfair competition in the shipbuilding industry, the Ministry of Commerce of China In response, it was decided to conduct a double-reverse investigation on the above-mentioned EU industries.

According to the current reality, the Chinese government has also received requests from various industries such as olive oil, food, agricultural products, cosmetics, and watches. We will also pay close attention to the above-mentioned industries in the EU. Once it becomes a de facto dumping To prevent unfair competition, we will immediately initiate a double counter investigation.

The Chinese government and people hope that the excellent products from all countries will be exported to our country to enrich the lives of our people, but they must never do evil things that undermine the survival of Chinese enterprises under the banner..."

After the spokesperson issued these announcements in front of a total of 187 reporters, the media reporters from the European and American countries were out of focus.

Is there a mistake?

Shouldn't the Chinese government give in and apologize?

How did the double-counter investigation intensified instead?

You said wine, as well as automobile, airplane, ship and other manufacturing industries. This is indeed a bit of a situation. However, the annual turnover of olive oil, agricultural products, cosmetics, clocks and other industries to China is only a few billion euros, so small. Trade, do you want to be so exaggerated, do you want to be so crazy! ?

Entering the reporter's questioning session, all the speakers above swallowed their saliva.

But the matter is now, and he can only stand firm in accordance with the leadership's requirements.

The German reporter asked: "Excuse me~www.readwn.com~Why did the Chinese government conduct such a large-scale double-counter investigation, and the scope of the attack is so wide. Is it a long-planned conspiracy?"

The spokesperson smiled gently: "This is the conclusion of our long-term investigation. It is just a coincidence. There is absolutely no conspiracy theory... Next one."

French reporter: "Our wines are of good quality and low price. Why should we be treated like this? Do we have to sell expensive wines to you?"

The spokesperson smiled gently: "I think our country’s small commodity industry, lighter industry, lighting bulb industry, etc., have the same feelings as yours, because the EU has already conducted several rounds of anti-dumping investigations against them. inexpensive."

Spanish reporter: "Why is there a double-reverse investigation for such a small product as olive oil? You don't produce olive oil very much. What hinders you?"

The spokesperson smiled mildly: "Because we want to import olive oil from more countries, but your distributor tells us that Spain and Portugal have the best olive oil, and they will not import others. So we think that you are right. Distributors have price subsidies and interest linkage."

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