China is desperately spending its hard-earned money to buy US and European debt that are constantly depreciating. What are the rich people in the US and Europe doing with China’s money? They are deliberately acquiring China's core assets. It is equivalent to China lending money to the United States and Europe so that wealthy Americans and Europeans can acquire China. At the same time, the United States and Europe are harsh and rude to China. They accuse China every day and incite small neighboring countries to bully China and carve up China's territory. At the same time, he repeatedly asked China to continue to borrow more money.
From the public information of the Hong Kong Stock Exchange, it can be found that whether it is the three major banks, ICBC, China Construction Bank, and Bank of China; the three barrels of oil of Sinopec, PetroChina, and CNOOC; the three major telecommunications companies, China Mobile, China Unicom, and China Telecom. It is also a resource-based enterprise such as China Coal, Chinalco, and China Shenhua. Almost half of the top ten shareholders of China's various monopolistic state-owned enterprises and leading companies in various industries are American companies and funds.
What Goldman Sachs is to ICBC, Alcoa is to Chinalco, Americans use US dollars to buy Chinese company stocks, and China sells stocks and receives US dollars to buy US treasury bonds.
As of the end of 2010, U.S. companies, funds and individual investors owned Chinese A-shares worth more than US$100 billion, H-shares listed in Hong Kong were worth about US$200 billion, and Chinese corporate stocks listed in the United States Valued at approximately US$30 billion, totaling US$330 billion.
According to the Ministry of Commerce's "Report on Multinational Corporations in China", in important industries such as light industry, chemical industry, medicine, machinery, electronics, etc., the products produced by the subsidiaries of multinational companies account for more than one-third of the domestic market. market share. Branches of American S&P 500 companies in China use this method to earn more than 80 billion U.S. dollars from China every year. Based on its historical average price-earnings ratio of 14 times, its assets in China are worth about 1.1 trillion U.S. dollars. Including other small and medium-sized enterprises investing in China, the value of assets owned by American companies in China reaches as high as 1.5 trillion US dollars.
Once again, more than one trillion US dollars of hot money in the United States and Europe is lurking in the real estate market, loan sharking and other markets.
Taken together, the money lurked by Western powers in China has exceeded China’s foreign reserves. They do not show off their wealth, but let China show off their wealth and pretend to be pitiful to defraud China of money. The purpose is to short China one day when the time comes, so that China will become completely destitute in an instant.
Please look at the Chinese market under the control of foreign capital
According to the book "China Industry Map" (China M&A Research Center), the top five open industries in China are controlled by Controlled by foreign-funded companies, foreign capital has majority asset control in 21 of China's 28 major industries.
Beer industry: of more than 60 large and medium-sized enterprises, only two national brands, Qingdao and Yanjing, are left, and the rest are all joint ventures;
Glass industry: the largest 5 are all joint ventures;
Elevator industry: The five largest companies are all foreign-controlled, accounting for more than 80% of the national output;
Home appliance industry: 11 joint ventures among 18 nationally designated enterprises;
Cosmetics: controlled by 150 foreign-funded enterprises;
Pharmaceutical industry: 20% controlled by foreign investors;
Automotive industry: foreign brands account for 90% of sales!
In the photosensitive material industry, Kodak of the United States invested only US$375 million to implement industry-wide mergers and acquisitions in China in 1998. In 2003, it acquired 20% of the state-owned shares of Lucky, and has occupied at least 50% of the Chinese photosensitive material market. Fujifilm's share of the Chinese market exceeds 25%.
According to a survey by the State Administration for Industry and Commerce: Microsoft of the United States occupies 95% of China’s computer operating system market,
Swedish Tetra Pak occupies 95% of China’s flexible packaging product market,
< p>Michelin of France occupies 70% of China's radial tire market;In industries such as mobile phones, computers, IA servers, network equipment, and computer processors, multinational companies have an absolute monopoly in the Chinese market. .
In the high-tech field: such as the mobile phone industry, since local companies purchase most of their upstream technologies, key components and even production lines from multinational companies, multinational companies have already made enough money from them. Recently, multinational companies have begun to adopt low-price strategies to squeeze the profit margins of domestic mobile phone manufacturers, aiming to eliminate them all. The domestic mobile phone industry has no core technology for core components except its own brands. Since 2005, all companies have suffered losses, their market share has shrunk severely, and many of them have withdrawn from the market.
In the field of circulation, the proportion of foreign capital control has reached more than 80% in the large supermarket field, which has a dominant share. Chinese retail companies can only operate in the mid-to-low-end market. With the expansion of foreign investment, the low-end market will also face the risk of gradually shrinking. The retail industry is the field that can best absorb the labor force and is controlled by foreign "capital-intensive" companies. Someone in the industry pointed out: Distribution channels can control the lifeblood of industry. If foreign-funded enterprises are allowed to occupy my country's distribution channels, Chinese enterprises will eventually become processing workshops for foreign distribution enterprises' OEM products.
my country's strategic tire industry has mostly lost its independence and is controlled by foreigners. Among the remaining large and medium-sized state-owned enterprises, those with better conditions are also being targeted by foreign investors. my country's largest tire manufacturer, Shanghai Tire Group Co., Ltd., signed a "Memorandum of Understanding" with the world's largest tire multinational company, Michelin of France. The two parties jointly established a tire joint venture, with the French holding 70%; as of 2000 In 2016, the capacity and output of wholly foreign-owned and foreign-controlled tire companies accounted for more than 70% of my country's tires.
Except for a handful of national core industries such as electric power and military industry, foreign investment in my country’s cement industry (building materials industry), steel industry (ferrous metal refining and rolling processing industry), and automobile industry (transportation equipment manufacturing industry) ), rubber industry, machinery manufacturing industry (general machinery, special equipment, electrical machinery and equipment, electronic and communication equipment, instrumentation and culture, office machinery manufacturing industry), petrochemical industry (petroleum processing and coking industry, chemical raw materials and Chemical products, chemical fiber manufacturing), glass industry, brewing industry (beverage manufacturing), pharmaceutical industry (pharmaceutical manufacturing), electronics and communication equipment manufacturing, water supply and gas supply industry (electricity, gas and water production and supply industry ), coal industry (coal mining and dressing industry), daily cosmetics industry (chemical products manufacturing industry), food industry (food processing industry), paper industry (paper making and printing industry, etc.), textile industry, construction industry, furniture manufacturing industry , cultural, educational and sporting goods manufacturing, leather, fur, down, plastic manufacturing, handicrafts and manufacturing industries, etc., all occupy relatively high equity and market control rights. The economic stimulus plan and huge demand have given foreign investment generous returns, fully Enjoy the benefits and conveniences brought by my country's rapid economic growth.
(1) Cement industry: In 2009, the total production capacity of the national cement industry was 1.6 billion tons, and foreign investment controlled production capacity of more than 500-600 million tons, with control and total production capacity accounting for more than 30-40%. After Lafarge acquired Sichuan Shuangma and Rui'an Construction, it accounted for more than 18% of the share in the four southwestern provinces; Huaxin Cement was acquired by Swiss Holicm, accounting for 10-20% of central China; after Morgan Stanley acquired 30% of Shanshui Group's shares, Bohai Rim First in market share; Ireland CRH acquired the Northeast market after acquiring Jilin Yatai; Conch Cement, which ranks first in production and sales in the country, has foreign capital holding 25% on the Hong Kong Main Board. In addition, Asia Cement, Shanshui Cement, and China Resources Cement are listed on the Hong Kong Main Board, and some of them are listed on the Hong Kong Main Board. Equity is controlled by Hong Kong and foreign capital...
(2) Machinery industry: In 2008, the total output value of the machinery industry accounted for approximately 12% of GDP, the foreign equity control rate was 35.2%, and the overall control intensity reached 40 % or more. Among the five major sub-sectors of the machinery manufacturing industry, the instrument manufacturing industry has the highest foreign investment market share, exceeding 60%, the metal products industry has 37%, the electrical machinery and equipment manufacturing industry has 32%, the general equipment manufacturing industry, and the special equipment manufacturing industry have the highest foreign investment market share, exceeding 60%. Manufacturing is about 30%.
Carlyle acquired 85% of XCMG's equity. Cranes and rollers account for more than 50% of the domestic market. XCMG accounts for more than half of the 136 domestic construction machinery products. XCMG, which ranks seventh in the domestic loader industry, was fully acquired by Caterpillar, Singapore Hong Leong, Goldman Sachs, and Cathay Pacific hold 51% of the shares of Yuchai, the largest independent diesel engine manufacturer in China; Wuxi Weifu is the largest domestic manufacturer of diesel fuel injection systems, and Bosch of Germany holds 67% of its shares; South Korea's entire Capital-owned Doosan Engineering Machinery has ranked first in China's excavator market share for 8 years, with sales reaching 1/3 of XCMG's; Northwest Bearing accounts for 25% of China's railway freight car bearing market. In the late 1990s, Germany's Schaeffler used Northwest Bearing was in trouble and jointly established Fu'anjie Railway Bearing with it to compete for the market and later fully acquired it; Sweden's SKF fully acquired Peel Bearing; Wuxi Bearing and Yantai Bearing were fully acquired by American TIMKEN, and controlled Xiangzhou Group ; Jinxi Chemical Turbine Plant, the country's largest chemical equipment production base, is 70% owned by Siemens; German ZF Group acquires 70% of Hangzhou Gear Factory, which ranks second in the country's gear industry; American Ghana Fund controls 30% of Shenyang Machine Tool Terex of the United Kingdom acquired 25% of the equity of Northern Shares, which is China's largest mining vehicle development and production base; Yuchai Machinery occupies 9.3% of the domestic small excavator market share, and Handing of the United States acquired 43% of its shares % of the equity...
(3) Automobile industry: Foreign brand sales account for more than 90%. Although foreign equity does not exceed 50%, foreign capital’s actual control is the same regardless of technology, brand or R&D. As high as 60-70% or more. FAW-Volkswagen, Shanghai Volkswagen, Dongfeng, Brilliance, Shanghai GM, Changan Ford, BAIC Hyundai, Beijing Jeep, Guangzhou Honda, Guangzhou Toyota, Tianjin FAW Toyota, Changan Citroen and other companies with the largest sales of automobiles in China all have 50% foreign ownership. Including foreign-funded small and medium-sized enterprises, 53 large automobile companies invested and controlled by foreign investors in China, with sales of more than 1 trillion yuan, accounting for more than 60% to 70% of the total sales of the automobile market; in addition, they have occupied a large share of the Chinese automobile parts market In the high-tech fields such as automotive electronics, engine parts and motorcycle accessories, foreign-owned enterprises have a share of more than 70%; in the automobile manufacturing industry, rubber tires, wholly foreign-owned and foreign-owned enterprises such as France's Michelin and Singapore's Giti Tire The production capacity and output of tire companies that have been controlled by foreign investors have accounted for more than 80% of my country's automobile tire market...
(4) Steel industry: In 2008, the total output value of the steel industry accounted for approximately 10% of GDP. is 6%. Due to the state’s control over mergers and acquisitions in the steel industry, a large number of foreign investors such as ArcelorMittal, Russia, and BHP Billiton have been frustrated in their pursuit of China’s steel industry. Even so, foreign capital’s equity control over my country’s steel industry still exceeds 10%. , market control exceeds 12%, such as ArcelorMittal acquiring 33% of Valin Steel; Deutsche Bank and ArcelorMittal acquiring 47% of China Oriental Steel (29% of Hebei Jinxi Steel) ; Saint-Gobain of France acquired 100% of the equity of Xugang; Carlyle of the United States acquired 49% of the equity of Jiangdu Steel Pipe; CITIC Pacific held 28% of the equity of Daye Special Steel; in addition, Anshan Iron and Steel, Maanshan Iron and Steel Co., Ltd., and Chongqing Iron and Steel Co., Ltd. listed on the Hong Kong Main Board, 14 %, 22%, and 30% of the equity are controlled by JPMorgan Chase and other foreign capital and Hong Kong capital; Tangshan Guofeng Steel, Hong Kong and China hold 51% of the shares; Hong Kong capital holds 65% of the mainland's Hong Kong-listed company Kaiyuan Holdings, which respectively acquired Rizhao Steel, 30% equity of Rizhao Section Steel, acquisition of 25% equity of Rizhao Rolling Steel, and later reorganization with Shandong Iron and Steel...
Foreign capital failed to acquire large-scale mergers and acquisitions in the domestic steel industry. As a new strategy, international mines such as BHP Billiton and Brazil's Vale The giants use the iron ore resources they control to continuously increase prices and encircle the steel industry.
It is conceivable how popular foreign investment will be when the steel industry has an overcapacity of 200 million tons, the industry is highly fragmented, and many small and medium-sized or private steel companies are facing elimination and are in need of funds; It is foreseeable that in the near future, foreign capital will bypass the numerous restrictions set by the state, and many steel companies will once again fall under the control of foreign capital.
(5) Petrochemical industry: In 2008, the total output value of the petrochemical industry accounted for about 10% of GDP. The state has restrictions on foreign investment in the petrochemical industry. Even so, except for overseas listings, foreign investment has bypassed There are many obstacles. Through setting up factories in China, mergers and acquisitions, etc., the foreign equity control degree in the petrochemical industry has reached 18%, the market control degree is 20-30%, the chemical raw materials and chemical products manufacturing industry, the foreign investment market control degree is 27%, and the oil processing , coking and nuclear material processing industry is 13%.
For example, when PetroChina was listed in New York and Hong Kong in 2000, foreign capital and Hong Kong capital accounted for 11% of the shares, and the amount of overseas financing was US$2.9 billion. In 9 years, dividends and dividends paid overseas reached as high as US$11.9 billion. The interest rate was actually 4 times the amount of financing; Sinopec was listed in New York, London and Hong Kong in 2000, and foreign investors and Hong Kong investors currently account for 19% of the shares; CNOOC was listed in New York and Hong Kong in 2001, and its subsidiary China Oilfield Services Group currently accounts for 19% of the shares. As high as 34%. In addition, overseas listed companies on the New York Stock Exchange such as CNOOC, SINOPEC and Jilin Chemical are also partially controlled by foreign investors. Blackstone holds 20% of the equity of China Bluestar, a subsidiary of Sinochem Group.
Domestic crude oil and chemical products are in short supply. For example, in 2009, my country imported a total of 204 million tons of crude oil, exceeding 200 million tons for the first time, a year-on-year increase of 13.9%; a total of 5.532 million tons of liquefied natural gas, a significant year-on-year increase of 65.8%; imported sulfur 12.167 million tons, a year-on-year increase of 44.6%; imported methanol 5.288 million tons, a significant year-on-year increase of 268.8%. The import volume in 2009 alone was greater than the total import volume in the four years from 2005 to 2008, accounting for 32% of domestic consumption. Due to the large influx of foreign methanol products into the domestic market, domestic equipment was shut down in large areas, and the average production capacity The performance rate is less than 40%. ; my country imported a total of 7.561 million tons of polyethylene, a significant increase of 64.8% year-on-year, accounting for 48.7% of domestic consumption; imported 1.955 million tons of polyvinyl chloride, a significant increase of 73.5% year-on-year; and imported 5.08 million tons of purified terephthalic acid (PTA). In addition, domestic imports of pesticides are huge, and many fine chemicals cannot even be produced domestically.
International energy and chemical giants have invested in China. BP invested US$4.5 billion in China, Shell invested US$1.7 billion, Bayer invested US$3.1 billion, and has 12 wholly-owned or joint ventures. ExxonMobil, Shell, and BP plan to invest another US$11 billion. Bayer has put into operation five major ethylene joint ventures: BASF/Yangzi Petrochemical invested 600,000 tons of ethylene project. By 2007, BASF had invested more than 20 billion yuan in China, with total sales in China reaching more than 3.6 billion euros; BP/Shanghai Petrochemical 90 10,000 tons of ethylene, ExxonMobil/Fujian Refining and Chemical, Saudi Aramco 600,000 tons of ethylene, Shell/CNOOC’s South China Sea 800,000 tons of ethylene, ExxonMobil/Guangzhou Petrochemical reconstruction and expansion (10 million tons of oil refining, 1 million tons of ethylene) Other projects are under construction. In addition, BP is building an acetic acid plant in Sichuan (accounting for 30% of the domestic market) and a PTA base in Zhuhai. European and American multinational companies occupy a huge share in downstream fields such as detergents, coatings, and biopharmaceuticals, and some have formed monopoly foreign investment... The market control in the petrochemical industry is more than 20-30%.
(6) In the glass industry, the five largest companies have all established joint ventures, and the foreign investment control ratio is more than 40%. Pilkington of the United Kingdom purchased 19% of the shares of Yaohua Glass; it was listed on the China Glass Port Exchange, with Pilkington and other major foreign shareholders controlling 40% of the shares; Credit Suisse and other foreign investors controlled 33% of the shares of Zhejiang Glass, Luoyang Glass, foreign investors and Hong Kong capital holds 50% of the shares; if Hong Kong capital is included, Hong Kong and foreign capital such as China Glass and Zhejiang Glass all account for more than 65% of the shares; A-share listed Fuyao Glass, Hong Kong-funded Sanyi Development is the largest shareholders, holding 22.5% of the shares; King Kong Glass, Hong Kong-owned Longbo Investment holds 17% of the shares; Hong Kong-owned Xinyi Glass, which has been the largest exporter of automotive glass in China since 2004; Saint-Gobain has been established in China since 1985 The representative office has now established more than 50 companies in China, including more than 40 manufacturing companies, located in Chengdu, Ma'anshan, Hangzhou, Changzhou, Zhanjiang, Mudanjiang, Zhengzhou and other places; its business includes flat glass, glass packaging, high-functional materials, etc. . The number of employees in China exceeds 15,000, and sales in 2005 were 400 million euros.
In the past four years, Saint-Gobain's sales in China have increased by 54% annually...
In the primary industry, the four major foreign-owned grain merchants ABCD threaten the production of 40 million soybean farmers, and countless soybean farmers who depend on soybeans for their survival. Losing money every year, they had to switch to other cash crops, resulting in the collective "layoff" of 20 million soybean farmers and 230 million migrant workers. Perhaps many soybean farmers can be found among them.
A large number of soybean oil pressing companies closed down. Due to the "soybean crisis", from 2004 to 2005, the "Chinese Soybean Army" composed of more than 1,000 domestic oil pressing companies disappeared in an instant, and the subsequent closure rate reached more than 90%. , causing more than 100,000 people to lose their jobs.
In the secondary industry, daily necessities and cosmetics industry, foreign brands account for more than 60% of the market share. Every time P&G recruits an employee, it means that 2 to 3 employees of the original Chinese detergent company will be laid off... …
In the food and beverage industry, machinery manufacturing industry, construction industry, steel industry, cement industry, petrochemical industry, glass industry, home appliance industry, brewing industry, textile industry, paper industry, water supply and gas supply industry, printing The packaging industry includes almost all secondary industries. Since foreign capital generally has higher production efficiency than domestic capital and extremely exploits labor costs, every merger and acquisition by foreign capital means that a large number of people will lose their jobs. Every investment by foreign capital means that the same industry Most of the employees of competitors have lost their jobs, occupying countless jobs...
In the tertiary industry, every time a large foreign-funded supermarket chain chooses a location to open, it affects the small and medium-sized retail stores and storefronts within a two-kilometer radius. A devastating blow to the collective, bleak business, or unemployment, or switching to other businesses, thus crowding out jobs in other industries...