24.78 trillion! Year-on-year increase of 23.7%! Compared with the same period in 2019, the increase reached 22.8%! On September 7, when China announced the total value of import and export trade in the first eight months, three sets of data shocked the world, and foreign media and netizens used words such as "incredible", "record-setting" and "full blood resurrection" to describe China's economic growth. Given the sheer size of China's economy, China's economy will grow in 2021 enough to be the envy of other countries.
In 2021, China's total import and export trade will increase significantly
Of the total imports and exports of 24.78 trillion yuan, the total export volume was 13.56 trillion yuan, an increase of 23.2% year-on-year, an increase of 23.8% compared with the same period in 2019. This shows that China's export performance is extremely strong, which is far beyond the best level before the epidemic. In terms of imports, it reached 11.22 trillion yuan, an increase of 24.4% year-on-year, an increase of 21.8% compared with the same period in 2019. At present, As the world's largest physical consumption market, China's sharply increased import volume indicates the current strong domestic demand and also reflects China's economic level.
At present, the number one opponent of the United States is still the Delta mutation strain
In contrast, the United States, which has always regarded China as a "strategic rival," is still under siege. At present, the number one enemy of the United States is still the Delta mutation strain, throughout August, the United States ushered in several consecutive peaks in confirmed cases, of which the number of confirmed cases exceeded 200,000 in a few days, some areas with low vaccination rates in the United States have re-emerged medical resources run, the number of hospitalizations and deaths has increased significantly.
Inflation has dramatically increased the cost of living for Americans, pictured as poor Americans who have been swept out of the house
The second opponent is the inflation problem currently facing the United States, since March this year, the US consumer price index (CPI) began to soar, as of the data released in July, the US CPI rose 5.4% year-on-year, the growth rate is the same as in June, which means that the current inflation pressure facing the United States has not eased. The CPI index is related to the Fed's release of water and the disruption of supply chains caused by the epidemic, which means that as long as the anti-epidemic work in the United States does not achieve a fundamental victory, the American people will continue to face the pressure of high inflation.
Several companies, including Goldman Sachs, have lowered their expectations for the U.S. economy
For a beautiful report card handed over by China, the United States obviously has no results to hand. Not only that, but investors are generally pessimistic about the U.S. economy. On Monday, Goldman Sachs lowered its forecast for the U.S. economy, expecting growth to be 5.7 percent in 2021 and downgrading to 5.5 percent in the third quarter. It was only in late August that Goldman Sachs lowered its economic forecast for the United States, from 6.4 percent to 6 percent. Morgan Stanley directly lowered the US GDP growth forecast in the third quarter from the original 6.5% to 2.9%.
Guo Degang, a famous Chinese cross-talk actor, once said that "it is not that I am excellent, it all depends on my peers", and it is quite ironic that the United States, as the world's largest economy, sets off the excellence of China's second largest economy in the world. With the continuous release of water by the Federal Reserve, the high unemployment rate has not been effectively alleviated, resulting in the difficulty of improving the real economy in the United States, and now it is the turn of the United States to start to tense.
Thanks to the complete industrial chain, China's medical supplies exports have made indelible contributions to the global fight against the epidemic
The total value of China's import and export trade has soared, which is a good thing for both the domestic and international community. As far as the international community is concerned, the growth of China's imports and exports has given the international community confidence in the economy and helped to stimulate global economic growth. At present, China is known as the heart of global industry, and a large number of medical supplies and daily necessities of the people are heavily dependent on the output of Chinese industry, making indelible contributions to the global anti-epidemic work. Especially in the case of Southeast Asian countries being ravaged by the epidemic, the importance of China's complete industrial chain has been profoundly reflected.
While China continues to bury its head in economic development, the United States has gathered five countries to form a "six-nation alliance" and continues to show "military muscles" around China. Under Biden's so-called "all-round competition" policy, the United States does not take the revitalization of its own economy and actively improve its employment rate as the primary task, but uses the "robber mentality" to continue to maintain the hegemonic position of the United States through deliberate suppression.
The British aircraft carrier Queen Elizabeth, anchored in the port of Yokosuka
According to the latest data on September 5, Japan, the United States, the United Kingdom, the Netherlands, Australia, India and other countries have assembled more than 36 surface ships, including the number of other surface ships of the Japan Maritime Self-Defense Force and the US Seventh Fleet stationed in yokosuka port in Japan. With the fact that the United States has returned to the Asia-Pacific strategy, especially since 2021, the frequency of U.S. military activities in the western Pacific has shown a clear increase.
It is clear that the United States is trying to exert pressure through so-called "all-round competition" to get the United States back to take the initiative. However, under the shroud of multiple sharp contradictions in the United States, such as the rampant Delta mutation, high inflation, high unemployment and debt crisis, can the United States achieve its wish? not necessarily!
Author: Engineer