While the Chunghwa Group is in intensive negotiations with Ford Motor to sell the Jaguar Land Rover brand, the global economy is unpredictable, and there is a lively scene of you singing and I will appear on the stage.

First of all, China, the star of the global economy, has 300,000 new accounts opened in the stock market every day, and many state cadres, white-collar workers, traders, and even college students, farmers and neighbors have rushed into the stock market to pan for gold.

Don't ask what the P/E ratio is, anyway, I have the latest insider information from whom, and the full limit is not a problem. The market has also given everyone enough sweetness, the rise of thousands of shares is not a problem, and the absence of a limit is a big problem.

Many new investors find that they also have the potential to become a stock god, and they can easily earn more than 10% of the stocks they sell.

Speculating in stocks is easier than stir-frying! Vegetables can also be fried, but stocks are rising every day, and no matter how you speculate, you can't make a fuss.

The mantra of "have you eaten" among the Chinese people has instantly become "have you fried?"

With the help of these new investors, China's stock market has broken through the 5,000-point historical mark as expected, and its market value has also exceeded the 21 trillion yuan mark in one fell swoop, officially surpassing the Japanese A-stock market to become the world's second largest market.

Unexpectedly, the country's total GDP failed to catch up with its neighbors, but the stock market took the lead. According to the calculation that China's GDP growth rate is as high as 9.5%, it will surpass Germany by the end of this year and officially rank among the top three in the world, second only to the United States and Japan.

If such a speed is maintained, it is not a problem for the country's GDP to surpass Japan and catch up with the United States, especially defeating Xiaori Aben, an economic power known as the light of Asia, which is the dream of many Chinese from the bottom of their hearts.

In addition, next year's hosting of the 2008 Olympic Games in China's capital, which attracted worldwide attention, will make the whole country rejoice as if it had been beaten with blood.

The 5,000-point mark is easily broken, so is 10,000 points still far away?

The prosperity of the stock market has also led to the rise of the domestic property market.

No one cares about the state's regulation and control of the property market, and everyone is concerned about whether they can grab the qualification for new real estate subscription.

The first-tier cities in the country, represented by the capital and Hujiang, have officially entered the era of "10,000 yuan households", and the price per square meter is no longer in 1,000 yuan, but from 10,000 yuan without a cap. The overflow of money in the stock market began to frantically enter the property market, after all, the first goal of making money by speculating in stocks is, of course, the first goal is to buy a house, and the first-tier cities were the first to be affected by the increase in wealth, and housing prices have doubled in most of the year.

Driven by first-tier cities, housing prices in other second- and third-tier cities have also risen, and the property market has become a new economic hotspot in China after the stock market.

It can be said that at this time, China perfectly demonstrated the strength of what is called the engine of the global economy, and the people's life is rich and the national strength is thriving.

On the other hand, the hope of mankind on the other side of the Pacific Ocean, the United States, has encountered a tragic situation of double killing the property market and the stock market!

As the real estate market was deeply affected by the subprime mortgage crisis, housing sales in the United States showed a precipitous decline. In the context of declining housing prices, banks dare not lend, ordinary consumers do not dare to buy, and the property market has entered a cold winter period.

What is even more unexpected is that many banks and investment funds have purchased a large number of financial products packaged with subprime mortgages, and in the case of failing to recover the loans, it is inevitable that the leveraged investment will be liquidated and the capital will be lost.

The landmines planted by the subprime mortgage crisis were detonated in August.

First of all, the fund of Bear Stearns, the fifth largest investment bank in the United States, suffered huge losses and liquidated, and the company was on the verge of bankruptcy. Immediately afterwards, Wall Street giants such as Merrill Lynch, Citibank, and Lehman Brothers announced that they would count their assets and save themselves by incalculable losses caused by subprime mortgages. What is even more chilling is that the crisis quickly spread to Europe, with BNP Paribas, UBS, Deutsche Bank and others all announcing their involvement in subprime mortgages, with losses exceeding public expectations.

In the context of global economic integration, the United States and Europe have exploded in turn, and Asia naturally cannot escape.

First of all, the Light of Asia Day A had a chain reaction, Nomura Securities bought a large number of subprime mortgage wealth management products, and was exposed to huge losses, and then other Japanese banks were recruited. This was followed by Hong Kong, known as a global financial free port, where many banks also announced large losses for the same reason.

Like a butterfly effect, the butterfly in the United States flapped its wings, causing hurricanes to blow on all five continents of the world.

In just two weeks, the global market value has evaporated by more than 2 trillion US dollars, the stock market and foreign exchange market have fluctuated violently, crude oil and gold prices have dived, and the financial crisis has quietly come.

In the face of such a global financial crisis, central banks have resorted to all efforts to save the market.

According to statistics, in the past 15 days, with the fierce turmoil in the financial market, central banks have invested a total of $600 billion in real money to save the market, but they can only temporarily suppress cough and maintain a fragile balance, and the global economy is still riddled with diseases.

Just as people will always get sick, financial crises cannot be avoided and can only be remedied after the fact, because this is an objective economic law.

As long as there is capital expansion for profit, it will break through the financial safety line, because capital will always put itself in danger when it squeezes the last drop of profit.

For example, in the subprime mortgage crisis, financial capital will expand the target of lending in order to obtain profits. Because the more people who take out a loan to buy a house, the higher the income.

First, they wiped out all the high-quality loan recipients, and then targeted the stimulus loan targets, completely ignoring the risk of not being able to recover the loans.

Constantly wading into dangers and temptations, there will always be a day when the boat capsizes.

Human nature itself has the gene of greed, coupled with the amplification tool of finance, it is a fantasy to eliminate the crisis by relying on human rational operation.

Therefore, the bailout of the global central bank will not eliminate the crisis, but only give it a so-called respite, and sooner or later it will explode until the soil in which it lives is destroyed.

Colds and fevers can improve the body's immunity and make it healthier, and the same is true of the financial crisis, which is a necessary stage of human economic evolution.

Why do central banks bail out the market when they know they will have little effect?

Because the financial crisis caused by subprime mortgages is now a reality, they are more afraid that the financial crisis will cause an economic crisis, which will lead to the entire social and economic turmoil and shake the country's capital.

You must know that the global economic crisis in the 30s directly led to the outbreak of World War II.

Unexpectedly, China's unique financial control system has instead erected a wall to isolate the financial tsunami caused by the subprime mortgage crisis in the United States, resulting in a unique scenery here.

However, Han Hao still began to feel the coolness brought by the subprime mortgage crisis through the company's current situation.

As the world's largest motorcycle manufacturer, Zhonghua Group exports 2.5 million motorcycles every year, and motorcycles printed with Made in China are sold to five continents along with buyers from all over the world.

Judging from the first-hand data at hand, after entering 2007, except for the first quarter barely the same as last year's export volume, after entering the second quarter, the export volume of Zhonghua Group suddenly decreased by 20%, especially the orders from developed countries in Europe and the United States decreased significantly. Orders in the third and fourth quarters decreased at a visible rate, and many old customers stopped placing additional orders for various reasons, and the decline in export sales was inevitable.

This is enough to prove that when the developed countries in Europe and the United States fell into the subprime mortgage crisis, the purchasing power of ordinary consumers was greatly affected, and they could not afford to pay off the mortgage, and of course they would not buy motorcycles.

As one of the troika of China's rapid economic development, exports have always been in the most important position, and the positioning of the world's factory has brought the country 2 trillion US dollars in foreign exchange reserves.

But now that exports are starting to cool, many export factories are suffering from the same situation as the Chunghwa Group, and orders from developed Western countries have suddenly begun to decline, and even if the financial side has not been affected, the subprime mortgage crisis has been affected by China's real export economy.

The national troika is investment, consumption and exports, which together propel China to the third place in the global economy.

Investment is a large-scale investment in infrastructure construction in the form of government bonds, railways, highways, ports, electricity, energy and other basic investment, which is a major engine for China's economy.

Consumption is the weakest link in the troika, and Chinese are not only small experts in planting and clearing wasteland, but also large savers. Even if the state shouts out the sky, everyone is used to keeping money in the bank in case of unpreparedness. As a last resort, real estate has become an effective tool to stimulate residents' consumption, and when you buy a house, you have to decorate and buy furniture, which has led to the development of at least 20 industries.

The remaining exports play an irreplaceable role, in addition to earning back a large amount of foreign exchange, but also mainly providing a large number of employment opportunities.

China has at least 800 million people in the labor force, and nearly 200 million migrants go out to work, especially in the coastal areas, where more than 120 million young and middle-aged workers are working. The vast majority of them are absorbed by export factories, and if exports slow down and lose their jobs, it will cause huge employment problems.

Fortunately, in recent years, the state has invested heavily in rural infrastructure construction, just like the construction of roads, water, electricity and networks connecting villages and villages, which has greatly changed the appearance of rural areas, and it can be said that it has laid a solid foundation for the launch of rural markets. If they do lose their jobs, workers will certainly return to their hometowns on a large scale and return to farming under the household contract system. It is no exaggeration to say that the vast rural areas are the last retreat for the migrant workers, and they play a major strategic role in the country's social stability.

Of course, Han Hao can't pay attention to such macro top-level information, and he is now in contact with Piaggio from Italy.

At that time, Piaggio had a relationship with Huaxia Motorcycle, although the two sides could not make a joint venture, but Piaggio provided a complete technology research and development training system for the Chinese, and thus related to AVL led to the follow-up car engine cooperation.

In the face of such a strong performance of Huaxia Motorcycle, even Japanese companies Honda and Suzuki Motorcycle have retreated three points, not to mention Italian brands like Piaggio.

After a few years, Piaggio could no longer maintain production at the Chinese factory, and the family was interested in withdrawing from the motorcycle market.

Therefore, for the sake of the past, Piaggio wants to sell his Chinese assets, and Huaxia Motorcycle is a good target.

Back then, Piaggio was still an unattainable object, but now he regrets quitting the motorcycle industry, Han Hao will sigh in his heart when he thinks of this, there is no never-ending royal power.

Piaggio was in a hurry to cash out, so Huaxia Motorcycle took over their fixed assets in China without much cost.

It stands to reason that now that motorcycle exports have obviously declined, it is somewhat unconventional for Huaxia Motorcycle to eat Piaggio's production line of up to 500,000 units.

However, Han Hao cares about another reason, that is, "countercyclical investment"!

When other competitors are shrinking their fronts, Zhonghua Group can further expand its production scale with its strong strength, and once the market recovers in the future, it will form a low-cost advantage that competitors cannot match. Moreover, another point is that after running on many competitors, it can dominate and have the ability to increase the premium to make up for the investment of countercyclical investment.

Of course, all of this is based on a necessary premise, that is, the product will have a broad market in the future.