The Sino -US trade war began, and the lives of ordinary people were first affected. The Chinese official media glorious network summary of the trade war may have a major impact on the people. In addition to rising prices, it may also cause the actual income and unemployment risks of the working class.

Since the mutual sacrifice and tariff measures on July 6, the trade war has not been eased, and there is a trend of upgrading.Beijing Global Network recently summarized the five major impacts and impacts that the trade war may bring to the people, as follows:

It may cause the actual income of the working class to decline and unemployment

It is reported that if the United States is imposed on high tariffs, there will be two situations in Chinese export companies. One is that in order to maintain the advantages of price competition, export companies must greatly reduce the costs of all aspects of production, logistics and sales.Employees of upstream and downstream of related industrial chains.

The second is that in trade frictions, Chinese export -oriented enterprises may reduce production or closure, causing employees to risk unemployment.

It may bring price rise

U.S. tariffs will cause production to reduce production in Chinese export companies. A large reduction in production will cause large enterprises to face losses or closure, which may cause shortage of goods in some categories in the market and cause prices to rise.

Coupled with the decrease in foreign exchange deposits, crude oil and food prices start, forming input -type inflation, and the cost of living in ordinary people will increase varying degrees.

It may cause the people's consumption level to be reduced

The decrease in China's exports may directly affect China's imports and exports, changing from a surplus to a deficit, and the reduction of foreign exchange reserves of the central bank will bring RMB silver root tightening, and market liquidity will further shrink.

There are two main methods of currency investment in China: the central bank's foreign exchange accounts (USD exchange RMB), inverse repurchase and MLF (Treasury bonds for RMB).If trade frictions further intensify, the reduction of silver root contraction due to the reduction of basic currencies will make corporate financing more difficult. At the same time, people's mortgage loans will be affected, and the consumption of the entire society will be affected.

May bring the common people and "money bag andrdquo; the risk of shrinking

Global Network said that the trade war is not good for the economy of both sides. The change in exchange rate depends on the country's economic situation, and it is also affected by the market's expected and monetary policy in the future.If the trade war has a adverse effect on the export of China, the expected expectations may cause the RMB depreciation, causing ordinary people's money bags to face the risk of direct shrinkage when purchasing imported goods and services.

In fact, as the US -China trade war heats up, the RMB has recently depreciated, and the People's Bank of China has shot depreciation on the 3rd on the 3rd, which means that Beijing believes that the RMB depreciation is too fast, but the market expects that the RMB against the US dollar will eventually exceed the important psychological level of 7.Deutsche Bank economists predict that the price of the RMB against the US dollar at the end of this year is 6.95 yuan, and the end of 2019 will be degraded to 7.4 yuan.

It may cause the value of the people's family assets to shrink

The expansion of trade friction will not only destroy the real economy, but also affect the financial market. The price of stocks and financial assets has fallen, and interest rates are inverted. People holding such assets may face asset shrinkage.

It is reported that due to the current foam formed by China's real estate, once prevention and control errors in trade frictions, the real estate crisis may cause the real estate crisis.Chinese people are most concerned about housing prices for decades. Real estate accounts for more than 70%of Chinese household assets (85%of first -tier cities), and anyone can hardly bear the rapid decline in house prices.