The Ministry of Commerce has called on the public to stockpile goods in moderation in order to resist the cold wave
From November 2 to 3, the Ministry of Commerce on the advice of residents to "hoard materials" the topic of hot search, coinciding with the approaching of the e-commerce shopping festival, Chinese people through online and offline channels to buy a large number of materials at the same time, in order to prevent the next round of cold waves, many families also made the decision to expand the purchase of daily necessities. You can buy what you want, you can buy as much as you want, this is the "only happiness" that belongs to the Chinese in 2021, because in contrast, the supply chain system of many countries in the United States and Europe has suffered major blows since the second half of this year, and the supply chain crisis has led to the empty shelves of supermarkets in many countries in the United States and Europe. This year, some countries in the West have thought of a warm and sufficient Christmas, which seems to have become a luxury.
Biden's "reinventing the supply chain" plan ultimately hits his own feet
Supply chain crisis? If you don't do it, you won't die
During trump's presidency, he mistakenly defined China as a "major strategic competitor" and actively pursued "America First." After Biden took office, on the surface, the Democratic president hoped to "draw a line" with his controversial predecessor, but the truth is that the Biden administration's foreign strategy is still the spiritual core of "America First". The Biden administration wants to "reshape the world's supply chain" in high-tech, energy and other fields, ideally "making the global supply chain significantly less dependent on China." From February to April 2021, U.S. leaders visited Europe to promote the development of related matters. However, people are not as good as the sky, in May 2021, india's domestic Delta mutation strain export caused the United States and Europe to fall into a new round of the epidemic, and the supply chain system that has just begun to adjust was instantly shattered by the impact of the epidemic. Since July 2021, many companies in the United States and Europe have begun to encounter irregular "supply cuts" at the end of the supply chain, and with the surge in the number of cases of infection with the new crown variant strain, many companies in the United States and Europe are facing a severe "human resource crisis" - spending money can not invite workers, because they are sick.
China's exports continue to be hot, and goods accumulate in U.S. and European ports, but supermarkets have no goods to sell
Regardless of China, exports continue to be hot
According to the data of China's customs, since the first quarter, the total scale of China's imports and exports has risen quarter by quarter, especially in the field of export trade, which has risen rapidly, and has hit a new high in the same period of history from July to September 2021. At the same time that the United States and Europe are experiencing supply chain crises, the IMF pointed out that among the top 1,000 companies in the world, 163 companies have formed a first-level strategic supply relationship with Chinese suppliers, and 938 companies regard Chinese suppliers as the "first supply". In other words, at the moment when the supply chain performance of the United States and Europe and other countries is weak, Chinese suppliers continue to provide them with raw materials and goods, the problem is that Western companies have goods and funds, why are the people in the United States and Europe still trapped in the dilemma of "no goods to buy"?
Inflation and the pandemic have hit supply chains in the U.S. and Europe hard
Still studying in the United States? Inflation crisis in the West
In addition to the shortage of people, enterprises in North America and some European countries currently lack a serious lack of "production desire", in other words, if the factories in the United States and Europe are now fully productive, they will enter the road of "self-destruction". Due to the implementation of the "unlimited quantitative easing" policy of monetary irrigation in the United States, Canada, the United Kingdom and other countries have followed suit, hoping that the global capital market can help themselves digest the excess currency. However, the current global economy is slowly recovering under the haze of the epidemic, and countries are still struggling to protect themselves, who has the leisure to help these countries? As a result, a predictable round of ferocious inflation continued to spread in North America and Europe, and companies bought raw materials from international markets at high prices, resulting in soaring commodity prices – pragmatic consumers in this state have chosen to tighten spending, and companies that cannot sell their products can only "bear their own profits and losses". Many companies deliberately stop production in order to avoid losses – you don't buy it? Oh, I'm not producing it yet! The ongoing inflation crisis has not only eliminated the enthusiasm and confidence of the consumer market, but also the business desire of various enterprises in the industrial chain.
China's consumer market began to recover gradually from the second half of the year
Hundreds of turns, China is the most stable and reliable
In early 2021, some Western "scholars" believe that the continued spread of the new crown epidemic will make the global supply chain leave China, when the United States and Europe will "effortlessly" build a new supply chain that excludes China. However, with the concentrated outbreak of the epidemic in Southeast Asia and South America, world economic observers have been surprised to find that major manufacturers have moved their factories back to China – the continuation of the new crown epidemic has not weakened China's position in the global supply chain, but has significantly strengthened China's voice in the global economic and trade system. British veteran political writer Tom Foddy said that the virus will not have any political tendencies, companies will not ignore their own economic interests due to simple political issues, from the performance of the whole year of 2021, China is the most resilient, stable and reliable in the global supply chain, any attempt to bypass China's "opening another branch" will eventually have to suffer its own consequences.