Automotive Black Technology Chapter 858: : Don’t say you didn’t predict what you said!
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Li Fanyu never dreamed that the dilemma before him would be easily resolved in such a way.
Almost all the difficulties Zhengxin faced before were borne by Li Fanyu himself. This is the first time that I feel the warmth of coming to the motherland.
Time and space are infinitely shortened under the entire strategic deployment channel. In less than a week, four new and highly automated engine production lines have been fully installed and commissioned at Zhengxin Mubundo Factory in Kolkata.
On the other hand, the Chinese Embassy in India also formally lodged serious representations with the Indian Ministry of Commerce;
"We request the Indian government and the Ministry of Commerce to immediately withdraw the anti-dumping investigation on Zhengxin and eight companies including China Power. And suspend the malicious anti-dumping investigations and related tariffs that disrupt fairness and other practices that have been carried out on Chinese companies. International trade behavior. We reserve the right to further respond to the anti-dumping investigations you have carried out against 18 Chinese companies, but we do not rule out the use of measures to target exports of iron ore, vegetable oil, rice, cotton, and sugar to the Chinese market. Additional tariffs will be imposed on bulk export commodities.
……
Don’t say you didn’t predict what you said.
Please ask the Indian government and the Ministry of Commerce to step back from the brink and maintain the trade order between the two countries based on fairness, mutual trust, and promotion of development. Don't be a sinner of history and add irreparable cracks to the normal trade order and friendly people-to-people exchanges between the two countries! ”
This report, full of diplomatic slang, made the Indian government and the Ministry of Commerce tremble.
The Chinese language is broad and profound, not only reflected in people-to-people exchanges, but also fully reflected in China’s external announcements and the words of the spokesperson of the Ministry of Foreign Affairs.
Based on the historical experience of the People’s Republic of China over the past 60 years since its founding, many rankings and phrases in the Ministry of Foreign Affairs and external speeches represent special meanings.
The more commonly used sentences and translations are as follows;
Friendly conversation - enjoyable and productive.
Exchanged views/Full exchange of views - the two parties could not reach a consensus and had a serious quarrel.
Meetings are beneficial - just sit down and talk.
Respect - don't completely agree.
Regret - strong dissatisfaction.
Great indignation - you are paralyzed and you wait, I can't do anything about you now, I will definitely call you a bear face one day!
Serious concerns - possible intervention,
Can't ignore it - I'm going to take action!
In the notice regarding the Indian anti-dumping matter, the three key words mentioned: "the right to make further reactions", "stopping from the brink" and "don't say it was unforeseen" are the three key words that China has used in history. It is quite common to give ultimatums before repeatedly showing the knife.
The meanings they represent are: We are about to retaliate against you! If you don’t stop your X behavior immediately, prepare to be raped by our freedom, equality, prosperity and democracy! And... if you mess around again, please prepare the coffin!
This is no joke.
Yin Zhu, who has just passed through the McMahon Line, is very clear that China will never start a war in order to develop. But in the economic field, if this fat and oily rabbit is really anxious, he will definitely do something outrageous.
The other keyword mentioned in the notice, "increasing additional tariffs," is actually the legendary retaliatory tariffs.
This tariff is more crude and direct than anti-dumping.
The rough point is that anti-dumping is against a company, and even if it is done with malicious intent, it still needs to go through a formality process, and anti-dumping duties are time-limited - no more than twelve months at most.
However, this import surcharge directly targets an industry and does not require any procedures at all. Because the purpose of this tariff is to retaliate!
The Ministry of Foreign Affairs has made it quite straightforward. The meaning is clearly conveyed.
In fact, in today's era of economic internationalization, every country has pillar industries for export. Countries like India with underdeveloped basic industries can only export agricultural products, agricultural and sideline products and mineral resources.
It can be said that the five bulk trade goods mentioned in the negotiations are all the main industries for creating foreign exchange in India.
It is obvious that a country like Yinzhu, which is an intermediate developing country, cannot withstand this blow. After all, China, with a population of 1.4 billion, is also the consumer market closest to India.
They can't stand hurting each other.
Prior to this, even if many companies in the photovoltaic, electronic and small commodity industries were subjected to unfair anti-dumping investigations by India, the Chinese government only protested.
The long-standing vague attitude has led the Indian government to mistakenly believe that China will continue to condone it.
But it is clear - I am not prepared to endure it this time.
In fact, constant anti-dumping investigations are also a way for Yinzhu to test the bottom line.
Coincidentally, the anti-dumping investigation of Zhengxin Group seems to be the last piece of underwear on this beauty of China-India trade - it can never be violated again.
......
As usual, the Yinzhu Ministry of Commerce quietly canceled the Yinzhu branch of Zhengxin Group, Chunghwa Optoelectronics and other six companies after a lot of rhetoric, accusing Chinese companies of impacting the local market with low-end and cheap products. anti-dumping duties on enterprises.
Submit it, but you still have to save some face for yourself.
But no matter what, for Li Fanyu, the road ahead for Zhengxin Yinzhu Branch has finally stopped.
After the completion of the installation and commissioning of the four production lines, the local productivity of the five products under this brand has actually reached more than 80%. The local production of engines that was "controversial" about dumping has actually eliminated the disputes caused by imports.
After negotiations with the embassy, the Indian Ministry of Commerce revoked the anti-dumping duties, allowing Zhengxin's production to quickly return to its previous state.
Even, four highly automated engine production lines were started at the same time, further reducing the production cost of Zhengxin's 1.2L three-cylinder engine!
In the factory building.
Li Kai laughed as he watched the five-axis machining center move rapidly over the cast iron cylinder block, turning the excess parts into debris instantly with its sharpness, and quickly turning and milling the engine block into shape.
"Director Li, our engine production capacity is now expected to reach 30,000 units per week. This production capacity is...excessive! When our A+, N5 and QQ were collectively offline, Tata and Mahindra had contacted us , asked if our engines were exported. Who had time to deal with them at that time? Now, the production capacity is here, otherwise we export part of it?"
Li Fanyu curled his lips, "Do I seem to be sending those three melons and two dates?"
"Maximize profits!" Li Kai said with a smile.
"This is not how we work to maximize profits!" Li Fanyu snorted coldly, "Although the anti-dumping matter has been settled. But don't forget, we still have an unsettled debt with Suzuki!"