Extraordinary Genius

This time, Obama talked to Hua Xia about a number of terms, such as Hua Xia's promise to buy US $50 billion worth of government bonds, but with the addition of a clause that after maturity, it would be calculated on the basis of the US dollar or the RMB exchange rate. If the dollar is depreciated, Huaxia can ask to be calculated on the RMB, or if the dollar appreciates, on the dollar.

This is a tough condition, but Obama promised, because no country would buy so many US Treasury bills at this time.

Of course, the US has also paid some technology to lift some of the blockade on Huaxia. Speaking of which, I can see the face of the US.

These technologies, the countries of the US seeking Europe and Asia to possess the technology, say that together, we will impose a technology blockade on Huaxia, and nobody should open it to it, lest Huaxia develops too quickly and threaten us.

And when the US discovered that these technologies had not stopped Huaxia for several years, it immediately took them out and traded them privately with Huaxia in exchange for some benefits.

Other countries that have also imposed a technical blockade on Huaxia, I am afraid, do not yet know. One day, when Huaxia suddenly announced that she had mastered the technology, those countries were forced to do so.

Of course, many of the technologies put forward by Huaxia are not given by the US, because those who are more than 35 years ahead of Huaxia are more valuable.

They have paid some price and cannot pay too much.

In fact, many countries are now working with Huaxia, and have found that Huaxia is less confusing than it used to be, and is even smarter than they are now.

If they had come up with better technology than Huaxia, Huaxia would have wanted it at no cost, but they didn't know that they had come up with better alternative technology, in other words, it was obsolete.

The eliminated technology can also return so many benefits, just because Huaxia did not know enough about the information, and Huaxia was too poor in technology and was anxious to develop related.

But now Warsaw attaches great importance to gathering information, and then has a huge team to analyze, from any angle, the negotiating issues that may be encountered, and then find a balance.

Another technology that Huaxia now needs is not much, and it's mostly sophisticated technology, and they don't come up with alternative technology so quickly.

Not to mention, after one or two deceptions, we will never be able to continue cooperating again. The loss of a partner like Huaxia is very serious for many countries.

Huaxia also requires the US to open up some markets, reduce taxes in some industries, and ensure that Huaxia's products are competitive. Of course, Huaxia also imports some rice products to promote bilateral trade.

For example, Huaxia imports machinery, food, automobiles, electronics, chemical products, etc., while Huaxia imports automobiles, textiles, food, electronics, chemicals, steel, etc.

The US is technologically powerful, but agricultural products are also major exporters. In particular, they specialize in the cultivation of genetically modified food crops and then sell them to foreign countries without eating them.

This time Huaxia made it clear that genetically modified crops, we no longer import Huaxia, related seeds, etc., no longer import. Non-GM production is low, and we at Huaxia don't care now unless you promise to recycle our GM foods.

Where can we do that? We've always imported low-value-added products and then exported high-value-added products. This time you Huaxia want to reverse it, we export food crops, you process them into food and sell them back to our country, which is absolutely not possible.

Huaxia's idea was to use transgenic maize to produce ethanol gasoline, and then residue, which could be processed into feed and sold to the U.S. This is definitely not eaten by humans, but pigs fed with genetically modified maize scum. Is this still on the table?

Whatever's at stake, Huaxia doesn't want it. As for genetically modified soybeans, genetically modified wheat, don't even think about selling them to Huaxia.

Originally, the U.S. wanted to import raw materials, such as iron ore, and they made their own steel. But Huaxia is not selling anymore, we make our own steel, obviously more money than direct ore sales, not to mention we need to import more ore.

That polar bear mining group, it's not a state-owned enterprise, we don't have the right to decide.

You mean the rare element minerals? Sorry, now we don't need money, we don't sell this mineral anymore. What special steel do you need? You can buy it from us in Huaxia. You can buy more at a discounted price.

Textiles, this is a huge gap in the US. They want to import some raw materials, and then they process the finished product and then make high profits from the brand advantage.

Huaxia said that we don't need textiles to be imported and that our country produces its own exports. Raw material exports are also very little now, because we don't have enough finished goods to sell.

In fact, if the EU hadn't made an anti-monopoly investigation that affected the sale of Huaxia textiles in Europe, then this would have been enough for the European market without even talking to the US.

Now antitrust, instead of saying that you can't dump below the cost price, you can't dump below the cost price of our country, and you can't squeeze our market with low labor costs.

The US also wants to transform Huaxia into a surrogate factory as before, and use Huaxia's lower labor costs to make Huaxia surrogate workers, the larger the number, the more they can earn and even sell directly in Huaxia.

But Zhang Ruiqiang refused directly this time, and now Huaxia's companies are going to India and Brazil to build factories, because the labor costs there are lower, and Huaxia's labor costs have risen.

Nor does Huaxia intend to follow the path of international processing plants to become a design developer and no longer just a producer.

In fact, labor costs in Huaxia are not rising so fast, and there are still great advantages at the international level, especially over Europe and the United States, but with Brazil and India cheaper, why put the people of China on this difficult road?

This is what Feng Yu told Zhang Ruiqiang. He gave examples of his own business and analysed the disadvantages of using labour costs as a competitive one. How can technology progress once it has become an international factory substitution? Think about Thailand or something, once labor costs skyrocket, the economy collapses.

If you don't do low-value-added business, don't do it. At the same time, it is also clear that the US needs money, Obama has just come to power, and it needs performance to guarantee its support rate, so some conditions can be stricter at this time.

You know, if we interrupt our trade with the US right now, we may lose each other a lot, but we can afford it, and the economy is slower, but the US economy is absolutely going backwards, hurting each other, and they can't afford it.

Finally, Zhang Ruiqiang referred to an important issue of trade between the two sides, namely, the lack of a large port and the inability of the United States to stop large cargo ships, which seriously affected the efficiency and cost of trade between the two sides. It goes without saying what this means.

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