After the “difficult” U.S.-China talks in Alaska, the Chinese Communist Party is stepping up its interaction with Russia and North Korea. On Monday, Chinese Communist Party leader Xi Jinping and Kim Jong Un exchanged messages, and on the same day the Russian foreign minister also began a visit to the mainland.
After the heated U.S.-China dispute, why is the Chinese Communist Party lowering its tone? Foreign Ministry spokeswoman Hua Chunying said the U.S. and China reached “some consensus” and Politburo Standing Committee member Han Zheng shouted “carbon neutral”.
The Chinese Communist Party lowered its tone with the U.S., but immediately struck back after the EU announced sanctions against the Communist Party, which also put a big dent in the China-EU Investment Agreement.
The “consumption-led economy” may become an empty phrase! Chinese economic experts say that 720 million people in China earn less than 2,000 a month, which is a useful supplement to Premier Li Keqiang’s statement that 600 million people in China earn less than 1,000 a month.
The mine of school district housing to burst? Shanghai introduced a new Education policy brush screen, school district housing overnight drop 600,000.
Market value evaporates 40 billion in a year, retail giant Yonghui Supermarket falls. The central enterprise China Jinmao’s profit is cut, and the debt is 300 billion.
Xi Jinping and Kim Jong Un exchange messages after “tough” U.S.-China talks in Alaska
After top U.S. and Chinese diplomats concluded “difficult” talks in Alaska, Chinese official media revealed on Monday that Xi Jinping and North Korean leader Kim Jong Un exchanged messages, highlighting the Communist Party’s continued attempts to play an important role in security issues surrounding the Korean Peninsula.
According to the official CCTV News, Song Tao, minister of the CPC Central Committee’s Foreign Liaison Department, was assigned by Xi to meet with North Korean Ambassador Ri Yong Nam in Beijing on Monday.
Xi stressed that the current century-old changes and the century-old Epidemic are overlapping and the international and regional situation is evolving profoundly, “China is willing to work with the DPRK and relevant parties to adhere to the direction of a political solution to the peninsula issue and maintain peace and stability on the peninsula.”
For his part, Ri Yong Nam conveyed a message from Kim Jong Un that the DPRK is confident that the friendly relations between the DPRK and China will be sublimely developed in accordance with the requirements of the times and the aspirations, wishes and fundamental interests of the two peoples.
Reuters noted that the “difficult and direct” U.S.-China talks in Alaska last week directly demonstrated the deep tensions between the world’s two economic powers, while U.S. Secretary of State John Blinken said in Seoul last week that means and diplomatic options for pressuring North Korea are under consideration.
Hua Chunying Says U.S., China Reach “Some Consensus,” Han Shouts “Carbon Neutral”
After using the U.S.-China High-Level Dialogue to hype a new round of anti-U.S. opinion, the Chinese Communist Party is now lowering its tone. Chinese Foreign Ministry spokesperson Hua Chunying has returned to her old refrain of “win-win cooperation,” saying that the two sides have “reached some consensus,” and Han Zheng, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, has once again shouted “carbon neutrality.
On March 22, Hua Chunying said at a regular press conference that China is committed to working with the U.S. side to achieve “no conflict, no confrontation, mutual respect and win-win cooperation” while “firmly defending its sovereignty, security and development interests. She added that the high-level dialogue between the U.S. and China is “timely and useful, and has deepened mutual understanding.
Hua went on to say that the two sides discussed cooperation and issues in a number of specific areas and “reached some consensus,” including strengthening dialogue and cooperation in the area of climate change.
Hua continued to refer to the meeting as a “strategic dialogue,” which the U.S. side does not agree with, and said the two sides would establish a joint U.S.-China working group on climate change. However, a State Department spokeswoman recently told U.S. media outlet Axios that the two sides did not decide to establish a climate working group during the dialogue.
Hua also said the two sides agreed to “maintain and strengthen communication and coordination” on economic and trade, military, law enforcement, humanities, health, cybersecurity, climate change, Iran’s nuclear embrace, Afghanistan, the Korean Peninsula, and Myanmar.
A day earlier, Han Zheng, a member of the Politburo Standing Committee of the Communist Party of China (CPC) and Vice Premier of the State Council, gave a speech in Beijing in which he again referred to Xi’s commitment to “achieving ‘carbon neutrality’ by 2060. He claimed that achieving “carbon neutrality” by 2060 is “a hard battle” and reiterated that “China’s open door will not be closed, but will only be opened wider and wider.
However, the integrity of the CCP’s so-called commitments has always been in doubt.
According to a report by Agence France-Presse, Beijing may start feeding the U.S. carrots after Yang Jiechi, director of the Chinese Communist Party’s foreign affairs office, wielded a stick in Alaska.
After U.S.-China Fierce Spat, Why Did the CCP Lower the Tone?
Regarding the sudden lowering of the tone of the Chinese Foreign Ministry and the CCP’s calculations behind it, columnist Wang He analyzed that the opening remarks of Yang Jiechi and the “positive comments” of the Chinese side after the high-level talks between the U.S. and China are the CCP’s strategy, which is one and the same rather than inconsistent. The Chinese side was far more eager for high-level talks than the U.S. side, and the CCP let the U.S. side “invite” the talks without any substantive concessions, which alone was a victory for the CCP, and the U.S. side fell into the CCP’s “negotiation trap.
The Chinese Communist Party has planned this carefully. First, it began with a war-wolf stance, seeking to overwhelm and dominate the talks on the one hand, and to brainwash the nation by illogically and out of context linking the talks to the Treaty of Xinchao 120 years ago to confuse the public.”
“Second, to open a gap in the previous U.S. administration’s “decoupling” policy and use the bait of cooperation (in the area of climate change, for example) to move away from the distinction between ‘China’ and the ‘Chinese Communist Party. ‘ position.”
Wang said the talks, in which the Communist Party boasted it was ready to take on the U.S., publicly declared it would no longer abide by U.S.-led international rules, staged a show for domestic consumption, and gave the whole country a chicken’s blood. This is also waving the flag for the Chinese Communist Party to celebrate its 100th year of existence this year. The CCP’s calculations are quite deep.
“In the face of the CCP’s aggressive attacks, it is difficult for the Biden administration to make significant concessions to the CCP, and the stalemate in U.S.-China relations will continue for some Time. On the other hand, the European Union, Japan and other Western societies, which are becoming less and less disillusioned with the CCP, will probably go even further in uniting against the CCP on the basis of shared values.”
Now that wilted! As the US-China dialogue plays out, so do China-EU relations?
On March 22, the European Union, the United Kingdom and Canada announced sanctions against Chinese Communist Party officials one after another, more like they had been negotiated. The Chinese Communist Party did not learn the lesson from the US-China talks and announced counter-sanctions against the EU almost simultaneously. Although Yang Jiechi and Wang Yi deliberately overplayed their hand, the Chinese Foreign Ministry and the Communist Party media quickly cooled down and did not shout “human rights teacher” at the United States.
Commentator Yang Wei wrote in the Epoch Times that the EU, UK, and Canada announced sanctions at a time when the CCP itself was in a difficult position to ride out the storm. The Communist Party of China (CPC) has dared to be rude to the U.S., and will not take the EU seriously, so it will retaliate immediately, so that the concessions it made on the China-EU Investment Agreement late last year should be offset. The Chinese Communist Party had hoped to use the trade agreement to draw Europe in and divide the alliance between Europe and the United States, but now that it is going down the drain, the Chinese Communist Party is even less likely to fulfill its promise.
The EU’s sanctions came a little late, but they were well-timed, coming right on the heels of the stiff U.S.-China talks and once again making the Chinese Communist Party show its true colors. Europe’s sanctions are not enough. If we really want to bring the Communist Party to its knees, we need stronger economic and technological sanctions, which Trump and Pompeo have already drawn up, so just do it. Without strong countermeasures and leverage against the Communist regime, it will be difficult to be effective.
The U.S. still has a key omission in the talks, not mentioning epidemic accountability. The U.S. government has at least previously said that the CCP is not transparent in its information about the epidemic, and in its statement after this meeting, the U.S. again ignored this major topic and did not adequately reflect public opinion. This should also be one of the main reasons for the perceived weakness of the Chinese Communist Party.
Experts say China’s 720 million people earn less than 2,000 a month, and that “consumption-led economy” may become empty words
In Beijing, the “China Development Forum 2021 Annual Meeting” was held from Saturday to Monday (March 20-22). Economist Justin Yifu Lin threatened at the conference that China will become the world’s largest economy in 10 years and enter a high-income country in 15 years. However, expert Song Xiaowu said that there are still 720 million people in China with monthly income below 2,000 yuan, especially the income distribution gap is still relatively large in the world, and the economic growth is driven by consumption.
Photo: Expert Song Xiaowu
Song Xiaowu said that China’s Gini coefficient, which reflects the gap between the rich and the poor in China, has hovered at 0.46 or 0.47 for a long time, reaching about 0.50 at high times. He also believes that within the low-income group, the migrant workers group has a very big impact on consumption.
Song Xiaowu said: “After China’s per capita GDP exceeded 10,000 US dollars, it entered a new stage. According to international experience, after the per capita income stepped over 10,000 U.S. dollars, the growth rate of investment are lower than the growth rate of GDP, to rely on consumption to drive economic growth.”
From the perspective of 2019, 290 million migrant workers account for about 66% of the 440 million urban employed people, such a large low-income group, which has a very big impact on consumption.
“There are 720 million people with a monthly income of less than 2,000, and the majority of migrant workers are among this group. A farmworker Family is counted as three people, and the group of migrant workers affects the consumption of 700 or 800 million people.”
Song Xiaowu said that consumption is not only constrained by primary distribution, but also secondary distribution. Developed countries can generally shrink 20-25 percentage points, while China shrinks the figure between 8 percentage points and 12 percentage points.
And Lin Yifu, professor and director of Peking University’s Institute of New Structural Economics and honorary director of Peking University’s National Development Institute, said at the forum that if China can achieve 5%-6% growth every year in the next decade until 2030, China’s economic volume will become the first in the world.
Some netizens said that Professor Lin took great pains to argue the development achievements of the next thirty years by explaining the history of the first thirty years, and in this way concluded that – we have an incomparably bright future”, and in Professor Lin’s mouth, “five years later” We will be among the high-income countries, but, five years after five years, as time passes, Professor Lin’s “beautiful” prophecy is constantly overdue.
The minefield of school district housing to burst? Shanghai education new policy screen overnight drop 600,000
When everyone thought the madness of Shanghai’s school district houses would continue, a new policy recently introduced by the Shanghai Education Commission poured a pot of cold water on Shanghai’s school district houses.
On March 16, the Shanghai Municipal Education Commission announced the “Implementation Measures of Shanghai High School Admissions Reform”.
According to the new policy: the experimental model high school quota allocation enrollment plan accounts for 65% of its total enrollment plan, in principle, according to the proportion of the number of students allocated to each district, and no less than 20% of the plan allocated to each district must be allocated to junior high schools that do not select students on the principle of balance and randomness.
The “full coverage” and “all schools that do not select students” means that the top public junior high schools and the “vegetable middle schools” that do not make the grade, stand at the same starting line – – in front of the quota allocation. -The number of places is no longer determined by the number of places available. The number of places is no longer determined by district test scores and student reputation, nor by whether the middle school has a parent (the same group of high schools), but by the number of students.
This means that the number of students who get into a quality high school from a quality middle school will decrease significantly, while the number of students who get into a quality high school from a regular middle school will increase significantly.
This will reduce the Gold content of the high quality junior high school district, and will also be transmitted to the high quality elementary school district. Once the news came out, many people’s first reaction was that the school district house was going to be cool ……
Shanghai’s famous old broken small + double degree district – Plum Garden began to plummet, some netizens said that before the announcement of the new policy property assessment 4.3 million, after the new policy house prices became 3.7 million, an overnight drop of 600,000.
The real estate agent of Leju.com also broke the news that, also in the second neighborhood of Meiyuan, a 32㎡ school district house was listed at 7.2 million before the new policy and was immediately revised to 6.99 million after the new policy.
As seen on Shanghai Chain Home‘s website, a house of nearly 47 square meters in the third neighborhood of Meiyuan, which was listed on the net just a few days ago, was listed at 8.25 million, or an average of 180,000 yuan per square foot.
And a house of nearly 30 square meters in Meiyuan Sanjiefang, which was listed before the Spring Festival, was listed at 7.28 million yuan, averaging 250,000 yuan a square meter. The before-and-after comparison is a drop of nearly 30%.
Microblogging a certified Shanghai Zele real estate consultant also said that the school district house before the price is crazy a room is difficult to find, currently reversed: a large number of properties are on the shelves ……
Market value evaporated forty billion a year, the fall of retail giant Yonghui Supermarket
Yonghui supermarket, the leading retail company out of Fujian has been moving forward at high speed for 20 years, the innovative business model did not run out, the listed company Yonghui supermarket’s deductible net profit margin from 2017 to 2019, has been cut, in the capital market, Yonghui supermarket’s share price has been hovering at a low level for a long time.
As of March 18, the share price of Yonghui Supermarket has shrunk 37.3% to 6.93 yuan from 11.05 yuan per share in less than a year, and the total market value has evaporated a total of 39.2 billion yuan to 65.948 billion yuan.
China Jinmao, a Centralized Enterprise, Has Earnings Cut and 300 Billion in Debt
The Yangtze River Business Daily reported on March 22 that China Jinmao maintained high sales growth in 2020, with a cumulative contracted sales amount of RMB 231.1 billion, up 43.71% year-on-year. However, contrary to the sales figures, China Jinmao’s net profit was cut. Recently, China Jinmao issued an earnings warning, expecting a decline of approximately 40%-50% in full-year earnings in 2020. As of June 30, 2020, its total debt reached $298 billion.
China Jinmao is one of four central enterprises among the top 15 Chinese real estate companies, the remaining three being Poly Development, China Overseas Land and China Resources Land.