Today, I chatted with a friend on the phone, and learned that the enterprises in the Pearl River Delta doing foreign trade markets this year are the dead end of the entire industry chain, with 80% of the enterprises' foreign trade sales falling by 90%. Enterprises engaged in foreign trade are already in the advanced stage of cancer, and there is no cure for them. They can only wait for death.
Take a look at the data:
In 2018, the United States imported $50B from Vietnam and $550B from China;
In 2021, the US will import $110B from Vietnam and $500B from China.
According to the proportion, the sum of the import trade between the United States and "Mexico + Vietnam + India" in 2021 will surpass China for the first time. 2022 is a turning point in Sino-US trade - this trend will continue for another five years, and China's foreign trade manufacturing industry will really be completely "internal loop".
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