Wu Xiaobo: China's economic recovery key to Chinese manufacturing and real estate

Source: Internet
Author: User
Keywords Bubbles Entrepreneur
Today, the blue Lion of the Humanities and Finance Lecture hall yesterday, Wu Xiaobo gave the inflation "prescription" in 10 years to put money in the property of the safest Lecturer business Card Wu Xiaobo was born in 1968, is now serving the Oriental morning newspaper. He also has several identities: Harvard University visiting scholar, "Blue Lion" financial book publisher. He wrote the "great defeat" sales of millions of million, was named "Impact on China's business community," one of 20 books. His masterpiece "30 Years of agitation" has set off a reading frenzy; Over the years, Wu Xiaobo won the "News of the annual Financial Books Award", The Chinese Book Review Association, "The Ten Books of the Year" and other awards.  As a result, he was hailed as the best financial writer in China. Wu Xiaobo is also considered the first person to study corporate failure cases. Several of his cases have become EMBA courses for many business schools.  He is also a financial host, an island owner, a humanities scholar, a poetic intellectual living in Hangzhou. China's Zhejiang businessmen, per capita reading less than two books a year. What book should Zhejiang merchants read? How to read?  Yesterday, in today's Morning Post Blue Lion Humanities and Finance lecture Hall of the establishment ceremony, the famous financial writer Wu Xiaobo boarded the classroom, for the scene of more than 500 Zhejiang entrepreneurs pointing maze. In early June, the newspaper and the Blue Lion Reading Association survey showed that Zhejiang businessmen reading situation is not optimistic. Why do you seldom read books? The answer of many Zhejiang businessmen is that there is no time.  More people say, now too many books too much, sometimes read a rotten book, irrelevant, feel a waste of time. Wu Xiaobo said, no time to read, then take the time to Shuwang.  Do not know how to choose, the book will help you recommend. So, under the sponsorship of the Blue Lion Reading Club, with the support of the continuing Education College of Zhejiang University, the Humanities and Finance Lecture hall, which was jointly organized by our newspaper, was formally opened.  This is the first in the country with the author as the main lecturer, managers as the main audience of the organization, is Zhejiang and even China's first personal literature and financial book activities. "The establishment of the book Hall is to provide a high-end learning platform for Zhejiang businessmen, so that more entrepreneurs to share reading in the book Hall, access to business and wealth knowledge."  Said the head of the Morning Post today. "The book is an ancient form, and the writer needs a space to express his point of view." Many entrepreneurs are reading, reading a lot of books, such as Wang Shi, pinglun, Ren Zhiqiang, Pan Shiyi and so on. I hope that someday they will be able to talk about the book, share their reading experience, and share the good books with our Zhejiang merchants.  "Wu Xiaobo said. The so-called, Toruk Macto called.  Blue Lion Reading Association founder Zhou Rong said, the first Wu Xiaobo personally, the next lecturer is also invited, "financial daily" editor-in-chief Qinshuo, he will give the students said "after the financial crisis of China's capital market tide."  Next, the securities of the young Tan, successful master black Dragon, real estate celebrity Pan Shiyi will continue to have long been concerned about the history of Chinese enterprises Wu Xiaobo The 2009 China's economic trend as a cross over the history of the Three Gorges. The "blind optimist of the Chinese economy" suggests that the first step is to have confidence in the cyclical nature of the economy, and then to take advantage of the current economic cycle, in lowWhen the tide of energy savings, in the tide of the flow, and then China's vast market and continuous improvement of the market system, is bound to lead to economic recovery.  He told the entrepreneurs here, the Americans have put the internet on the highway, the Chinese enterprises to do is to seize the Internet e-commerce opportunities to achieve breakthrough. Forecast: The economy is good, see the Americans do not change trousers Wu Xiaobo that the three major engines of China's economy were formed in 1998. Including Chinese manufacturing, real estate, infrastructure investment.  Now, in his words, the three engines, two and a half, have stalled. "China is the butt of foreign trade exports, now the European and American markets three years Neinian recovery, need to face domestic demand." And real estate is a bubble. Infrastructure construction has been built everywhere on railways and subways. This is the most unprofitable industry, with a huge hangover. "The key to China's economic recovery in the second half or next year is Chinese manufacturing and real estate," Wu Xiaobo quipped: "See if Americans change their trousers this year."  Our foreign trade can not only stare at the Dubai or Russia, but the European and American mainstream market often we see whether the second half of Yiwu orders will rise, I heard that it is OK, but also to see the fall. The elephant: China's economy is recovering from a "bubble" miracle Wu Xiaobo noted that, last November to last month, a whopping 6.3 trillion of loans in six months, excess liquidity, which means that a lot of money did not enter the real economy, but directly to the capital market.  Global means of production rose, stocks are also rising, if the second half of the agricultural products continue to rise, the typical bubble will emerge. "The people who bought the house after May were trying to hedge and win the CPI. The people took money to the stock market or the property market. Confidence loses its effect, but fear can also be productive, not necessarily bad.  Wu Xiaobo that if half of the people bought a house to decorate themselves, the bubble was real. China's economy came out of the doldrums in 2009, basically has been clearly presented: first, the 4 trillion plan to save the "private Central enterprise"; second, private enterprises and farmers bear the cost of depression; third, the pig's price is "flying" through huge amounts of lending; And then chattering into the stock market and the property market.  As a result, China's economy could be miraculously revived by bubbles in the absence of improved manufacturing and international trade. Interaction: If inflation comes, how do we manage to finance the speech, a listener to Wu Xiaobo handed a note, "If tomorrow really inflation, then how do we configure our own assets?"  "Because the note does not specify the identity of the audience is an entrepreneur or the General people, Wu Xiaobo one by one to the right remedy." "First, inflation cannot be avoided. It doesn't make sense for you to think about when it's coming. "If you are a business owner, this may not be a bad thing, maybe the money you borrowed in the last two years is easier, if you're just a regular resident, you just keep the money in the safest place." In 10 years, it's the real estate.All, in 5 years the price of Hangzhou double, no problem. Wu Xiaobo said that the second half of next year, the capital market bubble will come out, perhaps to do short-term, capital market or can bring you wealth.  He never stocks, he always away from the stock market, he felt that there is a casino, saw won one or two back, but did not win the lucky one. Or, you have the strength to buy gold.  What else, or you go hog ... In short, there are not many things you can choose from. Wu Xiaobo reminded the audience that inflation is now emerging.  In the hands of assets, now arrangements are still in time, late three months or even half a year later. Proverbs: Private enterprises immersed in their work, but also to look up to heaven "that China's economy has warmed up, please raise your hand." "I think the Chinese economy has not warmed up, please raise your hand." If you think you can't judge, raise your hand. "Wu Xiaobo has done such a field test in several forums, each time the test object is different, but the answer is basically the same, the first two hands each accounted for 20%, can not judge accounted for 60%."  The conclusion tells Wu Xiaobo that Chinese entrepreneurs don't know what kind of environment they are in. In the last six months, many business people meet greeting often is "now there is no warmer ah?" "Is winter really over?" Will there be a new cold spell? "That tone, very curious, very uneasy, very anxious." Of course, the question is not the weather, but the macro-economy of China.  It is clear that this is not the end of the day. Wu Xiaobo that the past six months, for many private entrepreneurs, is lost half a year. "Everybody, do not bury your head in the business, must look up the sky."  Wu Xiaobo a loud reminder to the Zhejiang entrepreneur who came to the lecture. Listen to Wu Xiaobo "stirring 30" this summer, the group of Yin.  Ma Yun invited Soros, day Greater China's Phoenix satellite TV name presided over Yang Jinlin to Zhejiang folk songs, yesterday long the financial writer Wu Xiaobo also gladly boarded the first morning of the humanities Finance Hall. "Into the study, also on the classroom." Compared with the style of Yang Jinlin, Buite's Wu Xiaobo is much milder.  Following his leisurely narration, a Chinese economy's 30-year history of joys and sorrows emerges vividly in front of the audience.  Yesterday in Zhejiang University, Zijin Harbor Campus International Report Hall, Wu Xiaobo a full 3.5 hours, enough more than 500 Zhejiang business feast, but let him even drink saliva time are interrupted. He said that Ma Yun is a good luck person, in the "Made in China" to the bottom of the point, he this English-speaking people, the Chinese-made goods through the network platform to sell abroad.  If only one of the three engines of China's economic growth, "made in China", happened to form in 1998, not too early or too late, perhaps it will not be the success of today's MA. Mr Obama said in his inaugural address he had almost gnashing his teeth to be a generation that would end the oil dictatorship. If new energy is enabled, the refrigerators and automobiles of thousands of families will be replaced again, which will be the restart of domestic market. And China's new energyDevelopment is far from sufficient, our opportunity lies in the Internet industry based on the traditional industry production.  It's like the US building the information Internet Highway, where China runs. He said that today's fruit is the result of a few years ago. The next 3 years or so, the economic trend is very strange, the second half of inflation, or stagflation, money will become worthless.  But, the money is worthless, the bubble produces, what will, he does not know. He also said that the U.S. stock market is very normative, and China's stock market is like gambling often to enter the casino to pay attention to life security. More short-term investment may make money, to do the medium and long term is hard to say.
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