How can we accurately understand the current macroeconomic situation?
The winds of change are stirring; we are embroiled in an economic “Battle of Bahamut”, facing opponents who have exhausted their offensive strategies.
Their strength is depleted - they are at their zenith and to pursue further offensives would be self-defeating, akin to chopping off their own arms to wield as weapons.
Meanwhile, we not only possess significant assets yet untouched, but some in the adversary camp are starting to lose their resolve. Investors in Europe and America are urgently advocating for “escape from China”. However, they’ll soon be given a reality check: Is it easy to substitute China’s industrial civilization, backed by a billion-strong population? Can they replace us by throwing in a little more effort over a few years?
Their so-called “support”, when cast against the backdrop of barren, saline-alkali soil, doesn’t even cover the cost of tilling and preparing the land. How many years can they fool people with their fruitless game of changing production bases?
While we appear less popular in recent years, we’re in no rush. Let them shop around and experience the alternatives. We have confidence in the quality of our goods and are thus unafraid of customers’ hesitation.
To those who persist in their pessimism about China, singing songs of “despair”, make a note of their names. When the dust of victory and defeat finally settles, it will be time to reconcile the accounts with them.