Professor Lang to continue the second half of the lecture, Professor Lang
just break, some friends came to me, they said, a while ago I read a book Review it. I said, do not look, if the international speculators to such a level, we can titter, and the level of international speculators inside the book a hundred times about a thousand times. I tell you to one of the most ridiculous, these President of the international financial speculators to profit even murder, you do not feel so stupid it? the highest level they do do the Chinese people that we willingly put his money, spend money to hire him to lecture. For example, banking reform is the international planning of financial speculators. we know, the U.S. central bank is private, not a country, and today we do banking reform for several consultants, while the U.S. central bank's shareholders, which is asking for trouble, so the end of last year, U.S. commercial banks made an announcement to the media, their U.S. subprime mortgage crisis lost a lot of money, but from the bank's listing of the 130 billion they earned, that your family and guests present nanny everyone donated one hundred, a hundred times just 1.3 billion Bank of America money. We are engaged in the equity fund to operate by the Lou Jiwei, bought a Blackstone, was almost closed down. This year is the internationalization of the imperialist leading financial backing, the purpose is our large outflow of silver. We are not the same with 150 years ago, 150 years, we are working very hard to battle in the silver to someone else, and today we are happy to silver to someone else. Do you think after 150 years of how people evaluate our ancestors now, we think?
money if you read this book makes you feel the war shock, you too timid, and today we are contact with all of this, the shock will be a hundred times a thousand times, including my earlier question about the pricing of rice, it really is the highest realm of art direction! during the break a lot of people very excited to come to me to chat, Lang taught us should do so, we should do it, I said you put it all right, but what to do successfully, or the first two things you want the most adequate international funding, and the second to have the most outstanding international financial talent. you have No?
a topic below, I believe it is of concern to us, it is cold inside the dual economy manufacturing sector how to do? What will happen, how do you know him? first thing is to know where his problem ? I now ask all of you gentlemen,Discount UGG boots, do you really think that China is a big manufacturing country? Do you really think China has the advantage of cheap labor? I tell you, you would like to have is wrong, the Chinese manufacturing sector did not big country, it is us feel good, not cheap labor advantage in China, otherwise, why so difficult for enterprises in Ningbo. Recently the Jiangsu, Zhejiang, Guangdong and economically developed areas of the business must be very difficult, to the end of the year is a pass, the prospects for China's manufacturing industry is worth every guest concern here, because we are facing an unprecedented fall, winter had not come. We think, if China is not a big manufacturing country, it should be? should be the United States. the United States is a big manufacturing country, but Today, our entire industry into an unprecedented winter.
and inflation in China today as the war entered the era of unprecedented industrial chain, has never been, what when, that is, when we jumped there , that is, starting from 2005 to 2006, China entered the war to an era of chain, not only facing an unprecedented financial war, also face a unique chain of the war. Why is it so difficult for Chinese companies? Could it be you all of you entrepreneurs not work hard, work hard it? do not frugal? not. because we know that the war has entered a chain, in this war under the Chinese manufacturing industries, such as labor cost advantage will be gone. What is the chain the war, we produced in Zhejiang power of Barbie dolls, Barbie dolls ex-factory price is a dollar, is $ 9.9 to U.S. Wal-Mart, may I ask you, the retail price of ten dollars for ex-factory price by a dollar, dollar is how the middle of the nine created? his creative process is a major logistics concepts, including the following six large:
first product design, the second raw material procurement, storage and transportation the third, fourth order processing, wholesale fifth, sixth terminal retail. The six large dollar value of the nine created, and we made a dollar value created, but you know what characteristics create? It is a waste of resources, damage to the environment, exploitation of labor, to create a dollar value; and that six large, do not destroy the environment, do not exploit the value of labor to create nine dollars. Chinese entrepreneurs worked hard to create a million output value, while for the United States to create ninety thousand yuan output value, you create a million of the value of hard at the same time to create nine million dollars for the United States, the value, so the more the Chinese economy growing more affluent United States, you do the wedding dress in man, to help people to work, do not know, said that it was a big manufacturing country, Poor you! this country! This is the industrial chain, in this division, the Chinese environmental destruction, waste of resources, exploitation of labor, we create nine times the value of the U.S., the Chinese economy on the United States is very important, why it is important, because the more the growth of China, the United States the more affluent . This is different so-called international division of labor.
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