The hottest focus is on China's response to global

2022-08-06
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Hot spots: how China responds to the global market hurricane

release date: Source: Internet editor: China Packaging page views: 1074 copyright and disclaimer

core tip: Recently, anomalies have occurred frequently in the global financial market. In the night trading of domestic bulk commodities on the 7th, copper, nickel, natural rubber, asphalt, PTA, methanol, thermal coal, palm oil, soybean meal and iron ore futures fell by the limit, and other varieties also approached the limit. On the 8th, global financial market risks continued to gather. More than half of the varieties in the commodity market fell by the limit. The main non-U.S. currencies in the money market suffered heavy falls. After the stock market fell in Europe and the United States, the Nikkei index, China A shares, Hong Kong Hang Seng Index, etc. also fell again. A market hurricane of considerable magnitude seems to be forming

[China Packaging News] recently, anomalies have occurred frequently in the global financial market. In the night trading of domestic bulk commodities on the 7th, copper, nickel, natural rubber, asphalt, PTA, methanol, thermal coal, palm oil, soybean meal and iron ore futures fell by the limit, and other varieties also approached the limit. On the 8th, global financial market risks continued to gather. More than half of the varieties in the commodity market fell by the limit. The main non-U.S. currencies in the money market suffered heavy falls. After the stock market fell in Europe and the United States, the Nikkei index, China A shares, Hong Kong Hang Seng Index, etc. also fell again. A market hurricane of considerable magnitude seems to be forming

xulifan, a scholar published in the Beijing News, said that how should we deal with the hurricane? It is not advisable to take things lightly, and it is even more undesirable to escape from panic. Changes in the global market are the result of the accumulation of many factors. The recent wide range of volatility in the Chinese market is a possible factor for changes in the global market. This shows that no matter from the external or internal environment of China's economic operation, it is far from optimistic. As the economic recovery is fragile, the market keeps choosing the direction. The shock downward movement is a choice to digest the fragile economy

in view of China's weight in the global economic structure and the global market, most of the reactions of the global market are related to China. Recently, many fields involving Chinese assets are unstable. For example, Chinese concept stocks listed in the United States were hunted, the Hong Kong stock market, which is directly connected to international capital, suffered a sharp fall, and the bulk commodities with China as the main trading party were in turmoil. In this regard, some people concluded that they were shorting China, some people believed that the market mechanism was self-adjusting, and some people judged that there was both

the article points out that making these judgments is not an urgent place to deal with possible market hurricanes. The key is whether the market response is knee jerk or trend. In the past, based on the pessimistic judgment on China's development trend, there was not a market event of shorting China. Shorting Hong Kong in 1997 was a typical example. However, facts have repeatedly proved that China can not be weakened by bad mouthing and China can not be weakened by shorting

no matter how severe the recent hurricanes in the global financial market seem, the foundation for China's economic development has not changed. On the contrary, at present, the use of recycled plastics in concrete is still in the stage of laboratory research. In fact, the research on recycled plastics modified concrete is rare. At present, there is no report on the research on recycled plastics modified concrete in China. The reform of central enterprises, the reform of the commercial system and the reform of mixed ownership are advancing in an orderly manner. The pace of China's capital account opening to the outside world is still accelerating, and the space for reform dividends has not been reduced. Specifically, in the financial sector, interest rates are still in the downward channel, and there is still a lot of room for flexible use of monetary policy. The system and equipment in the financial sector are completely made according to national standards, and the risk is still under control. Just like Premier Li Keqiang's recent judgment on China's economy, China's economic indicators tend to be stable and good, and China is able to cope with risks and challenges. The downward pressure on China's economy and some deep-seated contradictions are growing pains

it can be seen that the current global market turmoil, especially the part related to Chinese assets, is largely a knee jerk response. Of course, this does not mean that one can be indifferent to such risks. The market is the integration of public psychology. When it rises or falls, it will form an amplification effect, which will aggravate the turbulence and the pain index of investors. However, if there is a lack of market rules and mechanisms, market risks may spread and increase the cost of stabilizing. At present, how to strengthen the risk expectation management of the leveraged market, how to form a timely and effective market situation judgment model, and how the government can intervene to smoothly cut off the correlation channel between local risks and systemic risks are particularly important

the article believes that dealing with the market risk of internal and external interaction from the overall situation is the normal challenge that rising powers must face. By pooling our wisdom and further integrating market thinking and administrative thinking, we can face market risks of different nature and scope, remain calm and calmly deal with them, and ensure the complete release of reform dividends

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