The impact of trade war on virtual money market

1. In my opinion, many people today will lay an impermeable thing under the bottom of the fish pond. I don't know what it is. It looks like canvas or plastic cloth. We can learn from it.

2. To put it simply, after trump signed the memoranm of trade dialogue yesterday, Wall Street suffered a bloody wash, US stocks plummeted and the panic index VIX rose significantly. In terms of foreign exchange, the risk averse yen soared: USD / JPY fell below 105, the lowest to 104.62, the lowest level since November 2016. Xu Yaxin, a senior analyst at fx168, said the US / China tensions will curb global trade, push up import prices, rece domestic consumption in both countries, and lead to a global economic slowdown.

3. Almost no impact.

4. Overall, it is predicted that the US $50 billion trade war will slow down China's economy by 0.2 percentage points. If the tariff is raised to 30% on average and the field of trade war is expanded, the domestic GDP will be affected by -0.64%; The impact on China's instrial added value is - 1.39%; The impact on employment in China is - 0.55%
but this kind of prediction is only the direct data in theory. The trade war is not just about export competition. The impact of imports similar to ZTE's chips and comprehensive restrictions on cooperation in the high-tech field are even more devastating and cannot be easily estimated.

5. Cooperation brings both benefits and war brings two injuries. Throughout history, in the period of great changes in the international pattern, the division of time must be combined, and the combination of time must be divided. Generally speaking, it is optimistic. The best experience of the barometer of the stock market is to go to the market or supermarket nearby.

6. China has more than US $3 trillion in reserves and sufficient funds. It is not difficult to quickly start domestic demand to balance the impact of the trade war. At the weekend, xiong'an and other major projects came to China; China's economy has no worries; With the economic foundation, the stock market also has a foundation. Since the trade war, the Shanghai Composite Index has fallen and the gem index has risen. This is determined by the trend position of the two indexes themselves. The trade war only changes the path and time.

7.

The impact of Sino US trade war on China (excerpt from Sohu: International Online)

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once Sino US trade war appears, it will inevitably bring direct negative impact on China's economic growth and labor market stability in the short term

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financial instry: A-share pressure is good for hedging. In terms of direct investment, the proportion of us direct investment in China in the past decade is huge. It is estimated that it is difficult to find an alternative market for the US market when the Sino US trade war breaks out. The U.S. trade war in the fields of chemical instry (including plastic and rubber), machinery, non-ferrous metal and non-metallic mineral procts, electrical equipment, household appliances, steel, textile and clothing (including shoes and leather procts) will not only bring bad news to relevant sectors, but also have a significant impact on China's entire stock market

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agriculture: benefiting from China's counter-measures. China's list of tariffs to be imposed on imports from the United States tentatively includes seven categories and 128 tax procts. Among them, the sharp increase in tariffs on pork procts has not only led to a sharp rise in the concept of pork in the stock market, but also good news for enterprises engaged in pig breeding. In addition, some fruit growers will also benefit from the tariff increase

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furniture instry: output scale may decrease by 15%. If the United States imposed a 45% tariff, most or even all of its exports to the United States would stop. Among them, the furniture instry is the most seriously affected, and the output scale will drop by 15%. The output of the other three instries will also drop by more than 5%

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high tech instry: it will be impacted to a certain extent. China also relies on the United States for technology import and financing. In the intellectual property dispute, technology intensive instries are most seriously affected. The key technologies of many high-tech procts imported by China are only held by the United States. Once the United States stops exporting such core technologies to China, it may have an impact on China's instrial supply chain. In recent years, with the further development of high-tech, China is in a dominant position in the fields of high-voltage power transmission, high-speed rail, alternative energy vehicles and supercomputing. However, as far as China's high-tech instry is concerned, it still needs a broad overseas market at this stage. If the Sino US trade war is further fermented, China's high-tech instry will be impacted and affected to a certain extent

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other enterprises: the ensuing trade war has once again put the steel instry in a complex situation. The degree of damage of chemical enterprises is slightly less than that of electronic instry, and the sensitivity to policy is also less than that of export instry. Compared with the export of textile and agricultural procts, the export of paper procts is relatively unfavorable, but e to the low sensitivity of the instry, the negative impact is limited. Major paper procts enterprises need to adjust policies or transform to cope with the difficulties. The export prospect of clothing enterprises is grim, but it is a good thing for the long-term development. The positive effect of trade war on military enterprises is to some extent based on the pessimistic prediction of trade game or diplomatic relations. However, it is undeniable that the escalation of trade conflicts will bring business opportunities to military enterprises. The optimistic situation of new energy is like the pressure of trade war; Intelligent manufacturing upgrade & quot; And it covers a wide range

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8.

For China, the trade war, on the one hand, temporarily affected China's economic development, on the other hand, promoted the development of China's high and new technology

Therefore, this Sino US trade war is a double-edged sword for China. It will be a rare opportunity for China's economic development to see how the Chinese government leads us to face it

9. Cheng Shi, chief economist of ICBC international, commented that this round of trade war will resonate with the monetary policy of China and the United States, and we need to be highly vigilant against secondary risks. Under the impact of the trade war, the medium and long-term performance of US stocks is worrisome, and China's monetary policy is difficult to tighten. Therefore, the competition between RMB and US dollar will intensify, and the uncertainty of the two-way fluctuation trend of RMB exchange rate will be further enhanced.