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Text Chapter 1235 Pre-emptive Strike (Part 1)

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    As various countries continue to inject capital to stabilize the stock market, changes in the stock market have become very elusive, and the amplitude of rises and falls is dizzying.

    ¡° Central banks in Europe and the United States, which were closely watching changes in stock and financial markets and were ready to make up for any leaks at any time, were suddenly baffled and angered by China¡¯s actions.

    On August 13, the Chinese Ministry of Commerce announced that after complaints from Chinese car companies, it decided to investigate Porsche cars for unfair competition and profiteering dumping, and may impose countervailing duties 38 and anti-dumping duties 26 on Porsche.

    Today¡¯s Porsche is not the luxury car that wealthy people clamored to order after 2010. Things like waiting a year or paying an additional price of 200,000 to pick up the car existed in 2013, but sales are still booming.

    Today, the sales of Porsche in China have not increased at all. The first reason is that it is too expensive and the road surface and actual conditions in China do not allow it. The second reason is that the Internet era has not really arrived yet, and Chinese people generally still have high standards for luxury cars.  BMW and Mercedes-Benz, the third is that China has not yet entered the era of the real estate market bubble, and there have not been many rich people who have rapidly exploded due to real estate.

    The third one is the most important element. In the future, not only Porsche will benefit, but even brands like Land Rover, which were sold to the Tata Group of India, will make a lot of money because of the super hot Chinese market.

    So that in 2013, Saab SAAB, which had been swept into the garbage heap, was also preparing to resume production of high-end sedans and seek rebirth in the Chinese market.

    All right.

    That¡¯s just the future.

    ¡°For now, Porsche¡¯s market in China has only opened up a little bit, and sales are not many. In fact, the cost of laying channels is even higher than their profits in the past two years.

    The announcement from the Chinese Ministry of Commerce was a bolt from the blue for Porsche. They didn¡¯t know who they had offended. Why did the Chinese government inexplicably attack them?

    Chinese consumers who have not fully understood the charm of Porsche have been very hesitant about the price of Porsche. Now that the price is increased by at least 50, who will dare to buy it?

    For a time, Porsche¡¯s public relations department immediately launched an emergency plan and prepared to go to the Chinese government to inquire about 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 they did not want to be detained, they could transport them back themselves.

    This moment made their hearts bleed even more. They could negotiate to increase the selling price, but you are not allowed to sell it and I am not allowed to sell it. What do you mean, kill them all?

    When the news reached Germany, the German business and political circles, which had no favorable impression of China, immediately launched a bombardment against the Chinese Ministry of Commerce.

    Of course, there are deeper reasons for this.

    Porsche is actually a very large consortium. Their debt to major banks alone exceeds about 10 billion U.S. dollars. If they fail to develop in emerging markets like China, it is likely to cause a huge disaster.  .

    The two families that control the Porsche Group are both well-known families in Germany, with deep financial and business resources. In addition, Porsche's bond banks are adding fuel to the fire, so they quickly promote the news media's bombardment of the Chinese government. That is  A breeze.

    Everyone in Europe and the United States knows that the Chinese government does not like to confront them head-on. Usually if the fight becomes more aggressive, the Chinese government will give in.

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

    The next day, August 14, when the three major central banks of the United States, Europe, and Japan once again announced that they would inject a total of US$72 billion in assets to rescue the market, China¡¯s Ministry of Commerce, 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 from China, the illegal monopoly of automobiles, aircraft and parts, and the unfair competition in the shipbuilding and other manufacturing industries, the Ministry of Commerce of the People's Republic of China, based on the regulations of relevant industries in China,  appeal, decided to conduct anti-dumping investigations on the above-mentioned EU industries, and the tax rate is expected to be no less than 62.88-115.35.

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

    ¡°The Chinese government and people all hope that excellent products from various countries will be exported to our country and enrich the lives of our citizens, but they will never be allowed to do evil things under the banner of destroying the survival of Chinese enterprises"

    After the spokesperson issued these statements in front of 187 reporters, reporters from European and American media were anxious.

    ? ? ? ? ? ? ? ? ? ? ? ???Made a mistake?

    ?? Shouldn¡¯t it be the Chinese government that has given in and apologized?

    Why is the double-counterfeiting investigation intensified?

    You mentioned wine, as well as manufacturing industries such as automobiles, airplanes, and ships. This is indeed the case. However, the annual turnover of olive oil, agricultural products, cosmetics, watches and other industries exported to China is only a few billion euros. It is so small.  In terms of trade, do you want to be so exaggerated or so crazy?  ?

    Entering the reporter¡¯s question session, all the spokespeople above me swung their arms and swallowed their saliva.

    But now that the matter has come to this, he can only stand firm according to the leader's request.

    A German reporter asked: "Excuse me, why is the Chinese government conducting such a large-scale anti-counterfeiting investigation and attacking such a wide area? Is it a conspiracy that has been planned long ago?"

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

    French reporter: ¡°Our wine is of high quality and low price, why are we treated like this? Do we have to sell it to you more expensively?¡±

    The spokesperson smiled gently: "I think our country's small commodity industry, lighter industry, lighting bulb industry, etc., feel the same as you, because the EU has launched several rounds of anti-dumping investigations against them. The reason is that they are of high quality and low price."  inexpensive."

    Spanish reporter: ¡°For a commodity as small as olive oil, why is there an anti-dumping investigation? You don¡¯t produce much olive oil, so what¡¯s hindering you?¡±

    The spokesperson smiled gently: "Because we want to import olive oil from more countries, but your dealers told us that Spain and Portugal have the best olive oil, and they will not import others. So we think that you are right  Dealers have price subsidies and benefit-related benefits.¡±

    "" (To be continued. Please search Piaotian Literature, the novel will be better and updated faster!)
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