Add Bookmark | Recommend this book | Back to the book page | My bookshelf | Mobile Reading

Free Web Novel,Novel online - All in oicq.net -> Romance -> dream era

Text Chapter 68 The Sharp Rising Sun Commentator

Previous page        Return to Catalog        Next page

    As soon as the entire six-point view came out, Xiao Qi laughed from the bottom of his heart.

    Dad is indeed a dad. He is indeed a very talented person. Although he is far from the summary level of several later economists that I have read, please pay attention. What dad is talking about now is not an after-action summary, but a summary after the fact.  It is a warning in advance, and the meaning of the two is completely different.

    Those who issue warnings in advance are called financial experts, and those who draw conclusions after the fact are called hindsight. The attention they can arouse is certainly not comparable.

    And Xiao Xu¡¯s language style is as sharp as ever, especially when he once again vividly described the collapse of Japan¡¯s bubble economy. It is obvious that he wants everyone to compare the similarities and differences with today¡¯s China.

    The next day, Xuri published a second commentary article, "The Excessive Rise in House Prices and the Survival Dependence of Small and Medium-sized Enterprises."

    As local finances become more and more dependent on land sales and housing prices rise too fast, they will first kidnap local finances, causing local fiscal expenditures to tilt towards real estate, and also causing bank funds to tilt towards more profitable real estate, thus leading to the real continuation of bank credit.  Small and medium-sized enterprises that have come to turn around are struggling, and may even go bankrupt on a large scale due to the interruption of the capital chain.

    The rapid rise in housing prices will inevitably lead to a decline in people's living standards, because everyone will save money to buy a house, and domestic demand will drop sharply, which will once again hit the viability of small and medium-sized enterprises.

    If housing prices rise too fast, those who invest in real estate will earn very generous profits. Even those who speculate in real estate will have profits several times higher than the 10 to 15 percent profit in the manufacturing industry. This will cause capital to move towards  The flow of real estate, which is easy to make money, means that manufacturing bosses will no longer manufacture goods, but directly speculate in real estate, causing a large number of small and medium-sized factories to close down.

    The rapid rise in housing prices, combined with the reduction in export profits caused by the appreciation of the renminbi, has intensified the withdrawal of factory owners, and the number of small and medium-sized factories closing has increased again.

    The funds of small and medium-sized enterprises leave the entity and invest in real estate, which will in turn cause real estate prices to skyrocket again, causing the property market bubble to increase sharply, which in turn affects the real economy Such a cycle forms a vicious cycle of the real economy, impacting the country's economic mainstay.  lifeline.

    Ordinary people read these two comments as funny articles, but when their attention rose to the provincial level and above, many people began to reflect.

    There are not many small and medium-sized factories in Sichuan, and even fewer rely on exports, so the feeling is not that profound.

    But the leaders in eastern Guangdong and Jiangsu and Zhejiang were quite frightened after seeing the two articles.

    Especially when combined with the actual situation in my own local area, I am more convinced that these comments and predictions are reasonable, at least to a certain extent. The development of things seems to be going along with what Xuri said.

    On the afternoon of November 25, Saturday, Sichuan Provincial Party Committee Secretary Yu Chengsheng received a call from Mu Xuefei, a former classmate of the Central Party School and current Guangdong Provincial Party Secretary.

    In terms of official positions, both of them are provincial party secretaries. However, due to the special characteristics of eastern Guangdong, their ranking within the party is far higher than that of Sichuan provincial party secretaries.  .

    ¡° However, Mu Xuefei is very elegant, has his own ideas about what he says and does, and is not overbearing. Therefore, he is very popular among the Central Party School classmates.

    After a while of greetings, Mu Xuefei suddenly made a request, "Chengsheng, how about you lend me someone?"

    Yu Chengsheng was stunned for a moment, but on the surface he remained calm, "Haha, Lao Mu, are you kidding me? You have so many talented people in eastern Guangdong, why would you come to Sichuan to borrow someone from us?"

    "There are talents everywhere, and not all talents are available in eastern Guangdong." Mu Xuefei smiled heartily, "Don't worry, I won't lend you your confidant, I will lend you a newspaper commentator. I want to ask him  Understand several aspects of the problem.¡±

    "Oh? Which commentator can actually alarm Lao Mu?" Yu Chengsheng was really surprised at this time.

    "There is a commentator named Xuri in your Sichuan Life Newspaper. Some of his views are very interesting. If possible, I would like to ask him to come to our east Guangdong first." Mu Xuefei said calmly.

    Yu Chengsheng rolled his eyes, "Okay, that's no problem. I'll find him first. How about I give you an answer to Lao Mu on Monday?"

    "Okay, thank you."

    Mu Xuefei smiled and hung up the phone.

    Holding the mobile phone, Yu Chengsheng started to pause, and immediately made a call, "Xiao Li, please find me the Sichuan Life Newspaper of the past month. As long as there are articles written by commentators named Xuri, you can give them to me.  Bring itwell, I need it now, as soon as possible!"

    Provincial Party Committee?. After speaking, he naturally acted very quickly. An hour later, just after dinner, two newspapers were placed in front of Yu Chengsheng.

    "On the Impact of Rising Exchange Rates on Imports and Exports".

    "The relationship between the rapid rise in housing prices and the survival dependence of small and medium-sized enterprises".

    Looking at the two titles, Yu Chengsheng understood why Mu Xuefei called to ask for someone. He was mentioning East Guangdong by name.

    Wearing glasses and reading slowly, Yu Chengsheng¡¯s relaxed face gradually became serious.

    After closing his eyes and thinking for a moment, he started reading again, this time more carefully than before, and his face became more solemn.

    While nodding his head, Yu Chengsheng contacted the actual situation and was shocked to find that the country's development seems to be going in the direction Xuri said, and the consequences of this may have begun to appear.

    Thinking of this, Yu Chengsheng grabbed his cell phone and called Mu Xuefei, regardless of the fact that it was eight o'clock in the evening, "Old Mu, tell me honestly, your small and medium-sized factories have really begun to close down in large numbers recently?"

    "There haven't been a large number of bankruptcies, but hundreds of them have closed down one after another." Mu Xuefei said with a bitter smile on the phone, "Although compared to the hundreds of thousands of factories in eastern Guangdong, these few hundred are nothing.  But I asked about the credit of major banks, and sure enough I found that small and medium-sized enterprises can no longer get loans due to mortgage difficulties. Fifty percent of the total loan amount is given to large and medium-sized state-owned enterprises, and the remaining 100% is given to large and medium-sized state-owned enterprises.  Of the 40% given to real estate, only the remaining 10% cannot be fully obtained by small and medium-sized enterprises!¡±

    "In other words, the current survival situation of small and medium-sized enterprises is more serious than what the internal reference says?"

    "Well, coupled with the rising exchange rate and sharp decline in profits, they can no longer bear it." Mu Xuefei nodded, "So I want to ask Xuri how I can help them. I hope he can have real materials.  Bar!"

    "Didn't he tell the solution in the newspaper?"

    "Hey, how can he tell me the real and concrete measures? This will cause trouble!" Mu Xuefei smiled slightly, "I want to ask him face to face and let him work out a set of overall feasible measures for me! Cheng  Sir, you have to help me!"

    "I understand." Yu Chengsheng nodded solemnly, "Eastern Guangdong is not only the eastern Guangdong of the south, but also the eastern Guangdong of the whole country! For the sake of the overall situation, of course I have to contribute!"
Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report