Recently, the international version of TikTok has become the focus of everyone’s attention.
On July 31, the U.S. government suddenly required the Chinese company ByteDance to completely divest its TikTok business in the United States.
Previously, some US politicians claimed that TikTok had the risk of collecting information on US citizens and threatening US national security.
Recently, there has been news that TikTok’s US business will be split and sold to Microsoft.
On the 2nd, US Secretary of State Pompeo publicly declared on the show that Trump will “in the next few days” target those who pose a threat to US national security. Threatening Chinese software companies to take action.
The TikTok incident has caused an uproar on the Internet. Netizens have different opinions, but one thing is consistent, that is, the United States has now begun to “reverse everything it wants” ” has fully politicized business issues.
“Founded” charges, United States This is not the first time
This time the international version of TikTok has been targeted by the United States, and it is actually not an isolated case. In recent years, there have been ZTE and Huawei, and then companies on the US Entity List. As long as the United States feels that this company may pose a slight threat to its global hegemony, or even if the United States feels that it will be beneficial to sanction this company in the future. Picture, it will use various reasons to add these companies to the “blacklist”.
In terms of traditional Chinese culture, The charges he was accused of were “unfounded.”
In the early morning of July 21, the Bureau of Industry and Security of the U.S. Department of Commerce suddenly announced that 11 Chinese companies would be included in the “Entity List”, including Changjiyi Three textile companies including Da Textile, Hotan Taida Clothing and Nanjing Xinyi Cotton Textile, and on May 24, the Huafu subsidiary of the world’s largest color spinning company was also included in the list.
To be honest, textile companies have been ridiculed as a “sunset industry.” After being added to the entity list, the United States has recognized textiles as a high-tech industry in disguise. What’s up?
In response to the practices of the United States, textile companies what can we do about it?
From a national level, reciprocal countermeasures have never been interrupted: the United States increased taxes on China’s manufacturing industry during the trade war; China also increased taxes on U.S. agricultural products; the United States closed the Chinese Consulate General in Houston, and China immediately closed the U.S. Consulate General in Chengdu…
But the game between great powers is never a simple matter. From a micro perspective, textile companies also need to “find another way.”
After the “Two Sessions”, a new development strategy began to appear in everyone’s field of vision, that is – “to gradually form a domestic circulation as the main body, A new development pattern in which domestic and international dual cycles promote each other.”
In the textile industry, during the 40 years of reform and opening up, the development of the textile industry has always been export-oriented due to high quality and low price, but now Some countries, led by the United States, feel that China’s prices are too cheap, and their own textile industries cannot get off the ground at all, so they are hostile to China. Coupled with the impact of the epidemic, overseas markets have shrunk sharply. Therefore, some foreign trade orders can only be digested back to China. This is the so-called “internal economic circulation.”
In fact, from the beginning of the Sino-US trade war last year to this year’s new crown epidemic, some textile foreign trade companies have subconsciously shifted their focus from foreign trade to domestic trade. transfer.
Manager Wang, the person in charge of a weaving company that specializes in elastic fabrics, said that in previous years, their order composition was 80% foreign trade and 20% domestic trade. The COVID-19 epidemic has affected the sluggish foreign trade. On the other hand, we have consciously opened up new customers, so we have gradually shifted our focus to domestic trade, which currently accounts for more than 70% of the total trade volume.
Then foreign trade cannot be done? Of course not, the business that needs to be done is naturally still done. There are a lot of orders from Europe and the United States, and the profits are relatively generous. Of course, if you can get them, you should take them. But while taking orders, we should also focus on developing new markets.
In recent years, our country has been advocating the construction of the “One Belt, One Road” plan to In response to the complex and profound changes taking place in today’s world, the countries along the “Belt and Road” are all very good trading partners.
In addition, the Regional Comprehensive Economic Partnership (RCEP) will be signed in 2020, The agreement establishes a free trade agreement with a unified market among 16 countries by reducing tariffs and non-tariff barriers. If RCEP succeeds, it will cover about 3.5 billion people and the total GDP will reach 23 trillion US dollars, accounting for 1/3 of the global total. The covered area will also become the world’s largest free trade area. Now, except for India, the remaining 15 countries have concluded negotiations and started legal text review.
Therefore, textile There is no shortage of people starting to develop markets in these countries and regions, especially countries such as Japan and South Korea. Due to relatively better epidemic control, the textile market demand has basically returned to before the epidemic.
Postscript:
Catalyzed by the epidemic, the tendency of “unilateralism” in the United States has become more and more obvious. With a president like Trump who is moody and eager to be re-elected, the political risks between China and the United States in trade have become more and more obvious. It will get bigger.
For textile companies, under the influence of the epidemic, on the one hand, they must seize the orders in hand, and on the other hand, they must not put their eggs in one In the basket, we should turn part of our attention to the domestic market, and in terms of foreign trade, we should also actively expand the markets of countries with relatively small political risks and strive to be prepared.
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