China fired two shots on the United States, can the US shipping industry still survive?
On the 14th, the Ministry of Commerce issued an announcement stating that Take countermeasures against five relevant U.S. subsidiaries of Hanoi Marine Corporation.From that day on, our organizations and individuals in China can no longer conduct any transactions or cooperation with these five companies. Simply put, it is Completely freeze all transactions with them.
So why should we take action against it?Things have to start on the 9th, when The United States stared at our shipbuilding industry through the so-called "301 investigation" and adopted unfair restrictive measures.And Hanwha Ocean's subsidiaries in the United States, He played an assisting and supporting role in it. Why does the United States call on its friends to keep an eye on China's shipbuilding industry?Because now the vast majority of the world's merchant ships are made in China, our far ocean fleet also occupies a large part of the trans-Pacific route, the U.S. is looking at this cake, so we want to block our South China Sea shipping channels, facilitate the replacement of U.S. cargo ships. This of course jeopardizes our national interests. As the old saying goes,"It is indecent to come and not go." After five days of patience, China decisively took countermeasures against Hanwha Ocean's subsidiaries.
The accomplice has been sanctioned, but what about the United States, the righteous master?China, of course, has no reason to let go, so almost at the same time, China also opened a "second shot" against the United States, began to impose additional charges on U.S. ships, which is also a reciprocal counter. The U.S. has previously set the three-fold additional charges standard for Chinese ships that have stopped at U.S. ports, under this standard, a 100,000-ton cargo ship containing Chinese ingredients, stop at the U.S. port, only this cost will have to pay millions of dollars.
So, what is the effect of this move by China? For American alliesChina's counter-measures have released a clear signal that if a third country dances with the United States against China, China will definitely make it pay the price. To a certain extent, this can have the effect of setting an example of chickens and monkeys, so that other countries that are still waiting to see have to weigh in their hearts whether it is worthwhile to follow the trend and provoke China; For the United States,This new port fee is even more a real problem. To know that the U.S. own civil shipbuilding industry has long declined, lack of international competitiveness, the cost of building a ship is almost three to five times China's, the working period is still long. The cost is so high, the ship is made naturally hopes to sell a good price, or efficient operation can be reimbursed. But now, the Chinese side's reciprocal counteraction has come, the U.S. ships to China's port face additional costs, which directly squeezes their profit space. More importantly, China's countermeasures carefully considered, against the rules of the five categories of ships, effectively avoided the U.S. through "changing the flag", "representation" and other small actions to avoid sanctions, precisely hit the pain point of
Someone might ask if this affects our own business.From an industry perspective, China is actually prepared for a long time. For example, shipping companies such as COSCO and China Merchants have already adjusted their routes, transferring some large ships made in China to the Asia-Europe line, pulling goods back from Europe, and earning no less than running the American line; Domestic shipyards have also received orders from Brazil and Indonesia in advance. Even if there are fewer orders from the United States, production capacity can still be replenished. Looking at the US side, its pressure is actually greater than ours.The American Shipbuilding Association has warned the White House that material shutdowns could affect the construction of naval assisted ships; retailers are also concerned that Chinese ships are shrinking and Christmas toys and clothes will rise in prices.
So, this round of game, China is not in a quick moment, but is telling the United States: the world now, long ago was not what you say is what. you want to maliciously pressure, we accompany; you want to genuinely negotiate, we are also willing to ease the relationship. Our response is very transparent, waiting for you to come back and sit back at the negotiating table.In the end, this round of tricks, China grasp the pace, two shots in a row are bright bottom line, reciprocal counter-terrorism is the rule of law. ordinary people do not panic, these measures are against the pain of the US industry, Our manufacturing industry ranks first in the world. No matter what, the prices of daily necessities will not rise as wildly as in the United States.In this round of Sino-US game, we are much more confident than the United States.