You’re not mistaken, Trump boasted of China.
The reason for this may not even be thought of by ourselves.
He recently said:U.S. listed companies should no longer be required to disclose quarterly reports, which can be replaced by a half-year report.
Why?
Trump’s reason is that this will save costs and allow managers to focus on running the company properly. Have you ever heard the saying, “China has a 50- to 100-year vision of corporate management, but we run companies quarterly?””
Three big questions.
The last regret of Trump. “It is bad!”
Three more complaints!
In envy with anxiety, and in anxiety with some disobedience.
This jealousy, however, is unbearable.
I see that many American netizens have also reminded Trump that in fact, on listed companies, China and the United States, are demanding to disclose the quarterly.
But one thing really is: The Chinese government is the government with the most long-term vision in the world, five-year planning, visionary planning, in the eyes of many Westerners, this is precisely one of the great advantages of the Chinese system over the American system.
Think of it, it’s too strong for Trump’s stimulus.So, a headshot, it’s that Chinese listed companies won’t disclose the quarterly.
You see, once a person is caught up in a certain emotion, even facts become optional.
Of course, let's not doubt one thing, Trump speaks fast, has said a lot of bad things about China, but in many ways, he indeed envyed China, repeatedly stated that he wanted to learn China's good example.
For example, he more than once envyed China’s high-speed railways.
He said, “China’s high-speed rail is incredibly fast, incredibly comfortable, with no shortcomings, and we have nothing like that in America.”
A few days earlier, Mr. Kirk, his political ally, was shot and he was envious of China’s efficiency of justice.
He said he hoped the killer who shot Kirk would be sentenced to death immediately. “In China, they can make a quick trial, and they won’t wait six years for that.”
Not to mention, recently China's Victory Day parade, more so that Trump looks jealous.
He could not praise: “It’s a beautiful celebration, I think it’s very impressive and I understand why they do it, they want me to watch, and I’m really watching.”
I have to say that Trump is deeply affected.
Sometimes envy is a bridge and you don’t even know which side it leads to.
Going back to the quarterly listed company or the half-month newspaper, does Trump have any reason to say?
I see that there has been an opinion in the U.S. business community that listed companies should not disclose the quarterly report.
Business leaders such as Buffett and Musk have all questioned the rationality of the quarter.
In 2018, Buffett and Morgan CEO Damon said in a commentary published in the Wall Street Journal: According to our experience, quarterly performance guidelines often lead companies to over-focus on short-term profits while neglecting long-term strategies, growth and sustainability.
In the EU and the UK, listed companies generally disclose half-year reports and annual reports.
But we also see that opposition defenders, as well as political leaders such as former U.S. Treasury Secretary Summers, think that it is completely unreasonable to engage in the quarterly and semestrial newspapers.
Summers wrote in the Financial Times: Although there are many supporters of the cancellation of the quarter, the reason is not established, because even the cancellation of the quarter will not stop the company short-sighted, but may increase the uncertainty for investors.
I see that there are also some U.S. investors who think that canceling the quarterly, on the surface, is of course beneficial, but for investors, this is really not a good thing, which will make listed companies easier to fraud and make investigations harder to find problems.
From this perspective, Trump, Trump, you are very envious of China, but first, Chinese listed companies still really have quarterly reports; Second, you do not have to really stand on the right side of history.
The truth, sometimes like a maze, goes too fast to break into someone else’s room.
Finally what do you think?
Let's make three superficial points.
First, we want to look at Trump more like a net red.
I have always thought that Trump is a fake president of the United States, but we should first consider him a superhero.
What is Red Red?
The language is surprisingly dead.
For example, he said that Intel CEO Chen Liu Wu had to resign, but the two met side by side, there was no word.
Can we be serious?
He also said he was going to meet Putin in Alaska, Russia.
Can we be serious?
So, in some words, Trump should just say it all the way, and he points to Jiangshan every day.But if we can beat Trump, it will definitely be the next day, we should not be too serious.
The dialectical relationship between short-term and long-term is often not in the frequency of reporting, but in the perspective of governance.
Second, Trump really envyed China.
This is undoubtedly.
There are many examples, one by one.
From China's high-speed rail to China's judicial efficiency, to China's great military parade, all left an extremely profound impression on Trump.
Especially the long-term strategic vision of the Chinese government makes Trump more embarrassing.
So much to put things that don’t belong to China back to China’s head and then criticize the United States, how can you do that?
I can’t accept, I mean this detail.It’s not our thing, we need to be more careful.
After all, Mr. Lushun said, you want to kill a person, one is to blaspheme and the other is to kill.
Between truth and misunderstanding, there is often only one layer of veil apart.The other side of envy,, is a deeper misreading.
Third, welcome Trump to the field.
We Chinese people often say that it is better to hear than to see.
From my personal point of view, not representing any agency, or welcoming Trump to China for a walk to see, he can see a most genuine China, a China that will philosophically develop, a China that is neither “climbing” nor “threatening the United States and the world”.
Welcome Trump, and welcome even if there are misunderstandings or disagreements, but at least there are foreign friends with the right discernment, come to China to see.
Or, as I have said before, over the past 40 years, when we have looked around the world, are there any great nations that respect international rules more than China? are there any great nations that respect sovereignty more than China? are there any great nations that value peace more than China?
The answer is two words, and we can say it out loud: No!
More walk and see, of course, better understand China.China and the United States, still to learn from each other, promote each other, and each other.
Mutual understanding is the first step to break prejudice; field observation is the best way to get closer to the truth.
In this way, Trump again envyed China, and did not commit the low-level mistake of Chinese listed companies not to publish the quarterly.
and also, I always think that Chinese listed companies, the quarterly newspaper is still necessary. no matter what Trump boasts, we still need to be awake and determined!