久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

US EUROPE AFRICA ASIA 中文
Business / Economy

US firms still upbeat on China, Bloomberg

(Xinhua) Updated: 2015-09-26 17:23

US firms still upbeat on China, Bloomberg

Workers assemble engines at a factory in Weifang, Shandong province. [Photo by Wang Jilin/China Daily]

BEIJING - In the past three months, the world's financial pages have been barely short of disappointment and worry about China. On Wall Street, associations with China, once a selling point, have almost become a drag for the share price of US multinationals.

But Michael Bloomberg is undaunted.

"China's economy is still growing... I'm very optimistic," the 73-year-old US entrepreneur and founder of financial information provider Bloomberg LP told Xinhua.

"Don't always feel that the world is coming to an end. The press tends to do that. They look for problems. [In] the real world, nothing goes in a straight line," said Bloomberg, also a three-term mayor of New York City.

Senior management of other US firms interviewed by Xinhua on the eve of President Xi Jinping's state visit were also upbeat on prospects in China despite the apparent stalling of its economy. They see increasing presence in China as a must for their companies as global players.

By the end of June 2015, a total of 65,000 US firms had invested in China, with a combined investment of $76.38 billion, accounting for 4.8 percent of total foreign direct investment into China, the Ministry of Commerce (MOC) told Xinhua in a statement on Thursday.

In 2013, 17,000 US firms which had reported their operations to the MOC posted a total revenue of 2.3 trillion yuan ($361 billion), with a net profit of 159.1 billion yuan.

At this writing, American computer giant Dell announced it plans to invest $125 billion in China over the next five years, showing its long-term commitment to one of its key markets.

Cause for concern

The China story, one of huge contribution to global growth for about a decade, has veered into more worrying territory in the past few months, which have held tepid economic data, a stock market rout and a sudden deprecation of the currency.

Growth has fallen from 10 percent to 7 percent, to what officials refer to as the "new normal." Since June 12, over 38 percent has been wiped off the key Shanghai index, and the yuan depreciated 4.6-percent in three days in mid-August.

"I suppose it's normal that people will say, 'Oh, is this the beginning of the end?'" Bloomberg said.

He is not worried, however. "Business people don't go up and down every day. They look to the future."

"You don't build a plant to sell products for the next 10 years and worry about two months' change, or even a year's change. You don't say, 'Oh, I don't want my kid to go to college because the market went down 5 percent,'" Bloomberg said.

He sees China's economy continuing to grow in the longer term, and small fluctuations as natural.

Mark Vergnano, chairman and CEO of Chemours, a chemical company newly spun off from US industrial giant DuPont, also suggested some perspective.

"When you think about China from a longer period of time, and think about how the country has developed in the last 35 years, it's on the normal path of what development you'd see," he told Xinhua.

According to Vergnano, what China is going through is natural progression for an economy, and the people most likely to be disappointed are those with short-term, rather than long-term interests.

There is no question that the economy is slowing, but it still has strong fundamentals. Vergnano pointed out that China could expand by 7 percent this year and the rest of the world by 2 percent, around a third as much.

Lloyd Blankfein, Goldman Sachs chairman and CEO, told Bloomberg TV in late July that China's economic growing pains are understandable given it is trying to get through in one generation what took 150 years elsewhere. "But it doesn't stop me from thinking that in the long term, it'll sort it out," he said.

"This is going to be a great century for China, like the 20th [century] has been a great century for the United States. But in our great century, we had a lot of bad years. And China will have a lot of bad years in their century," Blankfein said.

Reasons for optimism

Bloomberg had an unusual reason for his optimism -- the many smiling faces in China. "One of the things I do when I'm in a city outside of New York [is to] see if the people walking down the streets are smiling."

"You see a lot of smiling faces here. Very few people are dour and look depressed. Most people here are happy, gung-ho. They have an enthusiasm," he said.

China, Bloomberg said, was once a country where everybody went around on bicycles and very few people spoke English. Today, there are cars everywhere, and the average person has much more knowledge about the outside world.

"The Middle Kingdom used to be very isolated, and today [...] it is very willing to look outside -- at other people's experience, and if they think it fits, they adopt it."

"China [has] a history spanning 5,000 years and you're worried about two months? Seriously, you can't worry about the short term," he said.

According to the National Bureau of Statistics, China's gross domestic production (GDP) stood at 63.61 trillion yuan in 2014, and per capita GDP was 46,629 yuan.

These indicate remarkable progresses from 1980, when GDP was 455.2 billion yuan and per capita was 1,012 yuan. From 1980 to 2014, China's GDP expanded by an average rate of about 9.8 percent annually at comparable prices.

Bloomberg said China still has enormous potentials based on its huge population, rich resources, education level and strong work ethic.

Vergnano is also confident for two reasons. China is a large economy with a huge population of consumers, and "if you're a global player, you have to be here in China," said the Chemours chief, who previously worked for DuPont for 35 years.

Another reason is China's government, which he believes will drive the economy where it needs to go. "I've been coming to China since the mid-1980s, and in my impression the government takes a long-term view of the economy," Vergnano said.

China accounts for about 10 percent of revenue for Chemours, which has about 300 employees on the mainland and posted net sales of $1.5 billion in the second quarter this year. Vergnano is aiming to have 15 to 20 percent of revenue coming from China in two years.

Bloomberg also sees huge potentials for global companies to do business in China. "China has everything in a market that the seller should want -- large population, lots of well-educated people, [and] a belief that tomorrow is going to be better."

By any rational basis compared to anywhere else, China is still spectacular, he said.

Bloomberg LP's business has grown in China and it recently hired about 150 people on the Chinese mainland. It will keep investing and hiring new people, its founder vowed.

Hot Topics

Editor's Picks
...
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    99国产精品久久久久久久久久| fc2成人免费人成在线观看播放| 欧美成人免费网站| 狠狠色丁香久久婷婷综| 精品国产自在久精品国产| 国产尤物一区二区| 国产精品狼人久久影院观看方式| 不卡视频在线看| 亚洲精品国产一区二区精华液| 欧美伊人久久久久久久久影院| 三级影片在线观看欧美日韩一区二区| 日欧美一区二区| 91精品国产综合久久福利软件| 精品一区二区影视| 国产精品免费丝袜| 在线视频中文字幕一区二区| 免费国产亚洲视频| 日本一二三四高清不卡| 99久久777色| 午夜av区久久| 久久综合狠狠综合久久激情| 成人免费高清在线观看| 亚洲午夜视频在线| 精品日韩在线观看| 99久久99久久免费精品蜜臀| 亚洲18色成人| 精品福利一二区| eeuss鲁片一区二区三区在线看| 亚洲高清免费在线| 久久久五月婷婷| 色菇凉天天综合网| 精品一区二区三区久久| 亚洲视频香蕉人妖| 日韩欧美国产精品| 99国产欧美另类久久久精品| 日韩av中文字幕一区二区| 日本一区二区三区四区在线视频 | 国模一区二区三区白浆| 亚洲啪啪综合av一区二区三区| 欧美日本在线视频| 国产99久久久精品| 性欧美疯狂xxxxbbbb| 国产亚洲精久久久久久| 欧美日韩一区二区不卡| 国产高清视频一区| 视频在线观看一区二区三区| 国产精品理论片在线观看| 欧美一级欧美三级| 91啪九色porn原创视频在线观看| 久色婷婷小香蕉久久| 亚洲精品乱码久久久久久久久| 精品精品国产高清a毛片牛牛| 色综合久久久久综合体| 国产美女一区二区三区| 偷拍一区二区三区| 中文字幕日本不卡| www激情久久| 欧美日韩一区在线观看| 成人动漫一区二区| 精品一区二区三区免费| 五月婷婷综合在线| 亚洲人成网站精品片在线观看| 欧美精品一区二区三区视频 | 欧美三级资源在线| 成人h动漫精品| 久久99日本精品| 亚洲成人动漫一区| 亚洲欧洲日本在线| 国产日韩欧美不卡在线| 日韩亚洲电影在线| 欧美性极品少妇| 99精品久久只有精品| 国产电影一区在线| 麻豆久久久久久| 午夜精品视频在线观看| 亚洲欧美二区三区| 国产精品美女久久久久久| 亚洲精品一区二区三区香蕉| 91精品婷婷国产综合久久性色 | av激情成人网| 国产成人精品综合在线观看| 免费成人在线播放| 亚洲18影院在线观看| 亚洲精品中文字幕在线观看| 国产精品毛片高清在线完整版| 久久综合成人精品亚洲另类欧美 | 亚洲18色成人| 一区二区久久久久| 亚洲欧美一区二区三区孕妇| 亚洲国产激情av| 国产午夜精品久久久久久久| 精品噜噜噜噜久久久久久久久试看 | 日韩欧美国产麻豆| 欧美二区在线观看| 欧美日韩国产高清一区二区 | 欧美性猛交xxxx乱大交退制版| 99久久精品免费| 成人激情动漫在线观看| 国产成人精品免费看| 国产福利一区二区三区视频在线 | 欧美日本视频在线| 欧美日韩一区二区在线观看视频 | 久久久久国产精品人| 精品处破学生在线二十三| 欧美成人在线直播| 精品美女一区二区| 2023国产精华国产精品| 日韩欧美国产精品一区| 欧美mv日韩mv亚洲| 欧美成人vr18sexvr| 精品免费99久久| 精品电影一区二区| 久久精品视频在线看| 国产清纯美女被跳蛋高潮一区二区久久w | 国产精品日日摸夜夜摸av| 中文在线免费一区三区高中清不卡| 国产午夜亚洲精品午夜鲁丝片| 国产婷婷色一区二区三区| 国产亚洲精品bt天堂精选| 中日韩av电影| 亚洲色欲色欲www在线观看| 亚洲激情图片小说视频| 亚洲一区二区三区在线| 日日夜夜精品免费视频| 美女网站在线免费欧美精品| 国产一区二区三区在线观看免费视频| 国产精品正在播放| 成人h动漫精品| 在线日韩一区二区| 欧美一区二区视频在线观看 | 久久精品欧美日韩精品| 国产精品美女久久久久av爽李琼 | 亚洲无人区一区| 日韩精品一级中文字幕精品视频免费观看 | 亚洲精品一二三四区| 亚洲国产视频一区二区| 日本亚洲视频在线| 国产一区二区不卡老阿姨| 波多野结衣在线aⅴ中文字幕不卡| 色综合亚洲欧洲| 欧美理论电影在线| 欧美精品一区二| 国产精品不卡一区| 亚洲一区在线观看网站| 美脚の诱脚舐め脚责91| 成人午夜免费电影| 欧美亚洲国产怡红院影院| 日韩一区二区视频在线观看| 国产偷国产偷精品高清尤物| 亚洲免费在线视频一区 二区| 性久久久久久久久久久久| 久久成人免费网| 99精品视频一区| 91麻豆精品国产自产在线观看一区| 精品理论电影在线观看| 18涩涩午夜精品.www| 午夜成人在线视频| 国产福利不卡视频| 欧美在线观看禁18| 久久婷婷久久一区二区三区| 亚洲蜜臀av乱码久久精品蜜桃| 日韩激情一区二区| 国产精品18久久久久久久久| 欧美在线免费观看亚洲| 久久亚洲捆绑美女| 夜色激情一区二区| 国产在线看一区| 在线视频综合导航| 久久久久久电影| 亚洲一区二区黄色| 国产盗摄精品一区二区三区在线| 欧美在线综合视频| 久久久精品2019中文字幕之3| 亚洲综合小说图片| 国产乱人伦偷精品视频免下载| 日本道免费精品一区二区三区| 精品国产网站在线观看| 一区二区三区在线影院| 国产一区二区三区观看| 欧美日韩你懂得| 中文字幕免费观看一区| 日韩av一区二区在线影视| 成人动漫一区二区| 日韩欧美黄色影院| 一区二区三区中文字幕电影| 国产精品资源在线看| 欧美精品成人一区二区三区四区| 国产精品欧美一区二区三区| 美腿丝袜亚洲一区| 欧美综合一区二区三区| 国产日韩欧美精品一区| 男人操女人的视频在线观看欧美| 91麻豆福利精品推荐| 久久精品一区二区| 日韩不卡一区二区三区| 色综合久久九月婷婷色综合| 国产视频在线观看一区二区三区| 免费三级欧美电影| 欧美午夜一区二区| 日韩一区在线看|