The dispute between China and the United States affects Malaysia / Korea / Brazil all over the world.

category:Internet
 The dispute between China and the United States affects Malaysia / Korea / Brazil all over the world.


Picture: in May 19, 2017, Malaysias central bank governor Mohammed Ibrahim (MuhammadIbrahim) showed a copy of a report showing the GDP growth in the first quarter of 2017, when Malaysias economic growth reached its highest level in two years, partly because of a rebound in exports. NetEase news April 26th, according to Forbes magazine, Chinese officials and media have confirmed that the US finance minister, Stephen Nouchine (StevenMnuchin), may soon visit China to help solve the escalating Sino US trade dispute. According to the current plan, new import tariffs in the United States will affect 1333 kinds of Chinese goods shipped to the United States, and at least 106 kinds of high value goods shipped from the United States. President Donald Trump (DonaldTrump) has previously called China an unfair trading partner. Will he also go to Malaysia and South Korea? If the Sino US trade war breaks out, the smaller countries that rely on them will also face severe shocks. China and the United States are the two largest economies in the world. Even if they do not specifically target those small countries, they will easily change the latters national process. Scott Kennedy, deputy director of the China Center for research on strategic and International Studies (CenterforStrategic&InternationalStudies), a us think tank, said: the overall outbreak of trade wars between China and the United States will be global. Companies around the world are embedded in the supply chain across China. The next three countries will be severely affected by the sharp increase in tariffs. 1. Brazil Trade wars may lead to overcapacity and overstock in China and the United States. Stuart Orr (StuartOrr), a professor of strategic management at the Deakin University in Australia, says the producers in the two countries are looking for other places to dump their products. Soy is such a product. Orr said that if they enter the world market, other countries that sell soybeans to the whole world will face sudden competition. The third country most likely to be affected is Brazil. The South American country produces 30% of the worlds soybeans, second only to the United States. China ranked fourth. 2. Malaysia This Southeast Asian country has historically relied on exports of crude oil and palm oil. But the $341 billion economy also depends on exports of electronic products, machinery and parts to China and the United States. Data from Moodie, a rating agency, Moodys showed that Malaysias largest share of exports last year was electronic circuits and components. Moodie, a senior analyst at Moodies credit strategy and research department, says the goods are easily affected by trade restrictions between China and the United States. It is necessary for Chinese or American companies to reduce orders or demand reduction. 3. South Koreas South Korea International Trade Research Institute estimates that if the trade war between China and the United States broke out, the South Korean semiconductor products shipped to China would be reduced by 4 billion dollars. The report said that SamsungElectronics and SKHynix could suffer the same effect. MarieDiron, managing director of Moodies sovereign risk group, said: if protectionist measures have a significant and lasting impact on Global trade, trade dependent economies such as South Korea and Malaysia will have a major impact. (small) source of this article: NetEase science and technology report editor: Wang Fengzhi _NT2541 Moodie, a senior analyst at Moodies credit strategy and research department, says the goods are easily affected by trade restrictions between China and the United States. It is necessary for Chinese or American companies to reduce orders or demand reduction. Estimates from the South Korean International Trade Research Institute show that if the trade war between China and the United States broke out, the South Korean semiconductor products shipped to China would be reduced by 4 billion dollars. The report said that SamsungElectronics and SKHynix could suffer the same effect. MarieDiron, managing director of Moodies sovereign risk group, said: if protectionist measures have a significant and lasting impact on Global trade, trade dependent economies such as South Korea and Malaysia will have a major impact. (small)