Metallurgy / Chemicals / Rubber & Plastics

I wonder if you plastic people have found that when there is no way to rely on the cost and transaction, the macro becomes more and more important. Whether at home or abroad, a policy or an action may cause the price of plastics to rise and fall, or save the market from water and fire, or extinguish the market in the abyss.

These days, do you smell the central government driving the property market? Increase the loan limit, reduce lpr15 basis points, etc. Yes, real estate is the foundation of the economy. It seems that the country really needs to shift its focus from epidemic prevention and control to economic control. After all, the data in April really makes people unable to look directly at it. No matter whether it can be effective in the end, at least we are on the road of hard work, which is good, isn't it? It's time for the confidence of the merchants to return. Can't you always focus on the front of the mahjong table?

But just when the inflection point was looming, the United States began to cause trouble again. A few days ago, Biden announced the official launch of the "Indo Pacific economic framework" in Tokyo, referred to as "IPEF". The initial 13 members (the United States, South Korea, Japan, India, Australia, New Zealand, Indonesia, Thailand, Malaysia, the Philippines, Singapore, Vietnam, Brunei), in addition to the proponents themselves, are all our close neighbors.

The "Indo Pacific economic framework" covers four sectors - trade, supply chain, infrastructure and carbon reduction, taxation and anti-corruption. People with a clear eye can see that the latter two items are basically used to make up.

Everyone in Sima Zhao's mind knows that hedging RCEP (regional comprehensive economic partnership agreement), isolating China in the trade and supply chain and suppressing our economy are the biggest goals of the framework.

To put it simply, the United States is looking for a substitute for China's industrial chain, hoping to disintegrate our world's big factory into countless world small factories that follow its lead. ASEAN (Brunei, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, Myanmar, Vietnam) will replace the supply of China's medium and low-end production to the world, such as shoes, small household appliances, etc; Japan and South Korea will replace China's supply of medium and high-end production to the world, such as cars and mobile phones.

This is simply forcing the product factory to a dead end. Isn't it equivalent to cutting off the life of our plastic people?

Although this framework is only a "framework" at present, it remains to be verified that the United States is not willing to open the door on its own. However, it can be seen from a series of operations such as the US sanctions on Hikvision this year, including the inclusion of 88 Chinese concept shares such as jd.com, pinduoduo and B station in the pre delisting list.

The threat is getting closer.