Chapter 528: Williams Visits
After the import restrictions on luxury goods and auto products from Europe and the United States, especially the whole vehicle, the overall loss of the luxury industry and the automobile industry in Europe and the United States has exceeded 60 billion US dollars.
There is no doubt that this is a heavy-handed counterattack, and the things that are restricted from imports are not Chinese necessities, but high-end consumer goods with amazing profit margins in Europe and the United States, so in this trade war, the Chinese side has basically carefully selected the target of the same scale according to the damage estimate provided by Dongfang Nuclear Power.
China's move is a disaster for companies like BMW and Volkswagen, which export a lot of high-end cars to China, and tens of billions of dollars in automobile exports also involve hundreds of thousands of jobs, which is even worse for Europe, which is already economically poor.
As a result, the luxury goods industry and the automobile industry in Europe and the United States will be shut down, and now China is basically the largest automobile and luxury goods consumption market in the world's single market.
They all see this trade dispute very clearly, and they also know where the roots are. As a result, the leading enterprises in these industries began to exert pressure on the government, and only France has a large-scale industry in nuclear power in European countries, but relatively speaking, it is only one or twenty thousand beneficiaries, and there is not much interest in the United Kingdom, Germany, Italy and other countries, so the ban on nuclear power of the Lotus reactor initiated by the European Union is mainly promoted by the French.
It is not the first time that Western countries have imposed embargoes on China and high tariff barriers on certain industries, and they have not seen any drastic measures introduced by China.
Of course, they can also take the same trade retaliatory measures against Chinese products, but the problem is that most of the cheap and high-quality daily industrial products exported by China to Europe will be banned from import, and it will be a new round of blows to many European families, who will either endure the high-quality and high-priced products produced by Europe and the United States themselves, or accept some low-cost but poor-quality products from the third world. It is not made in China at a low price but with good quality.
After all, China has been the world's factory for so many years, and its position in the production of daily industrial products is no longer easily replaced by other countries.
What's more, China itself is also a huge market, so if the vicious circle continues, based on China's annual $1 trillion of European imports, there will be no winner in the end of this trade war, and everyone will suffer extremely heavy losses, and even in the worst case, I am afraid that it will cause a new world economic crisis!
This is not alarmist, China's total trade with the EU reached a record $1 trillion last year, surpassing the United States to become Europe's largest trading partner, and Europe still has countries that have not come out of the debt crisis.
It is not surprising that China and Europe will induce a new world-class economic crisis.
So the prospect of this battle is not difficult to guess, it is definitely the result of both sides, and in the eyes of the political leaders with a slightly broader vision, the situation has reached an extremely dangerous situation, and they must decide whether to find a decent compromise or continue to hold on until both sides lose.
Duke didn't care about the major policies of these countries, and since this matter was handed over to Cai Siqiang, he was completely relieved and devoted himself to busy research and development work. Usually in this case, except for a few old brothers, Duke does not meet guests inside and outside the company, but at noon on this day, a guest who came from the United States asked Duke to make an exception and come out of the base laboratory to pick up the wind and dust for him.
"Mr. Williams, my old friend, hard work." In front of Yanxiang Tower, Duke smiled and greeted Williams, who was accompanied by Zhao Jianwu, who had just flown from the United States to Beijing, and then transferred to Chengdu.
"Hello dear Dr. Duke, long time no see." When Williams saw Duke, his spirits perked up, and he quickly stepped forward to hold Duke's hands and said enthusiastically. He came to Duke this time, of course, not to simply reminisce about the past, but to have an important purpose. In order to achieve a big thing that he has long dreamed of, he has traveled thousands of miles to seek Duke's strong support.
"Long time no see, I think you must be hungry, let's eat something first, and then talk while eating." Duke said with a smile that he knew a little about Williams's intentions through each other's emails, but it was not convenient to discuss the details on the email, so Williams came to China to prepare for a detailed interview with Duke.
"Okay, I'm still hungry," Williams said unceremoniously. "Your new base looks good, very beautiful." It was the first time for Williams to come to the new R&D base of DSM, and he was amazed to see the R&D base planned in a staggered manner like the high-end community of Billy Huashan.
This is because after the construction of the Lianhuadui base, Duke felt that a good base planning had a very positive role in promoting the R&D personnel, and it felt good to go to the villas of Lao Li's family as a guest, so when building the DSM R&D base, he put forward high requirements for the external characteristics of the base construction, and specially invited the world's top design team to complete it.
After the design of the master team, the entire base building is integrated with nature, with a thick and exquisite style of western Sichuan dwellings, so that the overall building complex of the base does not look much worse than the luxury villas of the old Li family in Sanya.
On the table, a series of delicacies let Williams feast, although in the United States he is still mainly Western food, but there is no resistance to Chinese food at all, but very adaptable, every time he comes to China to Chinese food, all the way, Williams is really hungry, the first half of the table is dedicated to eating and drinking, after filling the stomach half full, only to make time to start talking to Duke.