This time, I figured out why Mrs. Yellen shouted that she had raised the wages of Chinese workers.
It turned out that China's foreign trade exports to the United States increased by 8.1% in January-February.
The mainland's high-quality and low-cost goods have seriously squeezed out the market share of their products.
Lao Mei really can't bear it, the Fed raises interest rates, and he can't stand it, and he is afraid of capital outflow when he cuts interest rates.
Everyone endure it high and low, and this time we must give them a dry stomach.
6. There is a lot of pressure in the United States, unemployment is rising, consumer confidence is falling, and Mrs. Yellen's shouting is also to ease domestic contradictions.
7. The wage increase of Chinese workers will increase the cost of Chinese goods, but this is also an inevitable trend of China's economic development to a certain stage.
8. Wage increases will also increase the purchasing power of Chinese workers, thereby boosting domestic demand and promoting economic transformation and upgrading.
9. China's export growth is due to our manufacturing advantages and the improvement of the industrial chain, which is also the goal of the Made in China 2025 plan.
10. The decision of the United States to raise interest rates and cut interest rates also reflects their concerns about the global economic situation to a certain extent.
11. The US dollar interest rate hike will attract more capital inflows into the United States, but it will also lead to instability in global capital flows.
12. China needs to maintain the stability of the RMB exchange rate while also preventing the impact of capital outflows on the economy.
13. The policy of raising and lowering interest rates is actually a game, and central banks are looking for a balance to maintain stable economic growth.
14. As far as China is concerned, in order to maintain the steady and healthy development of the economy, it is necessary to give full play to the role of the market and strengthen macroeconomic regulation and control.
15. Wage increases for workers will increase labor costs, but they are also necessary to promote social equity and improve workers' living standards.
16. Protectionist sentiment in the United States has risen, and they have imposed a series of restrictions on China's imports of goods.
17. China should respond proactively to safeguard its legitimate rights and interests, while also promoting the liberalization of global trade.
18. There are no winners in a trade war, and it only harms the economic interests of countries, including the United States itself.
19. China should strengthen its own innovation capacity and increase the added value of its products, so as to reduce its dependence on low-price competition.
20. Salary increases and improved welfare benefits are important means of improving the quality and productivity of the workforce.
21. China's labour cost advantage is gradually weakening, which is an inevitable consequence of economic development and market laws.
22. China should speed up the adjustment of its industrial structure and transform from a labour-intensive industry to a technology-intensive industry.
23. In this way, China will be able to occupy a higher position in the global industrial chain and achieve high-quality development.
24. For their part, the United States should accept the reality of globalization and cooperate with China and other countries for win-win results.
25. Rather than unilaterally pursuing trade balance, protectionist measures would be counterproductive.
26. The US dollar's policy of raising and lowering interest rates has an important impact on the global financial market, and countries should strengthen financial supervision to guard against risks.
27. China should strengthen communication and cooperation with international financial markets to deal with possible financial risks.
28. At the same time, it is also necessary to strengthen the construction and improvement of the domestic financial system and improve the quality and efficiency of financial services.
29. Wage increases for workers will raise the price of Chinese goods, but it is also a necessary process for Chinese brands to go global.
30. China should encourage enterprises to strengthen brand building and increase the added value of their products in order to gain a competitive advantage in the international market.
31. To a certain extent, the trade policy of the United States also reflects their concerns about their own economic strength.
32. As far as China is concerned, we need to maintain strategic focus, stick to our own development path, and not be distracted by external interference.
33. China should strengthen exchanges and cooperation with the international community and promote the building of a community with a shared future for mankind.
34. Only in this way can China play a greater role in global governance and make greater contributions to world peace and development.
35. Wage increases for workers are a manifestation of social progress and respect for human rights.
36. China should continue to promote the reform of the wage system to raise the income level of workers and improve their living conditions.
37. At the same time, it is also necessary to strengthen the construction of the social security system to safeguard the legitimate rights and interests of workers.
38. Only in this way can China truly realize the concept of people-centred development and build a more harmonious society.
39. The US policy of raising and lowering interest rates has also affected the global economic policy orientation to a certain extent.
40. China should maintain its independence and formulate appropriate policies in accordance with its own development needs and actual conditions.