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The impact of Sino US trade war on Ethereum

Publish: 2021-05-24 10:54:19
1. To put it simply, after trump signed the memoranm of trade dialogue yesterday, Wall Street suffered a bloody wash, US stocks plummeted and the panic index VIX rose significantly. In terms of foreign exchange, the risk averse yen soared: USD / JPY fell below 105, the lowest to 104.62, the lowest level since November 2016. Xu Yaxin, a senior analyst at fx168, said the US / China tensions will curb global trade, push up import prices, rece domestic consumption in both countries, and lead to a global economic slowdown.
2. Trade disputes between China and the United States, also known as Sino US trade war and Sino US trade friction, is an important issue in Sino US economic relations. Trade disputes mainly occur in two aspects: first, China's comparative advantage in the export sector; Second, China has no advantage in the field of import and technological knowledge. The former is basically competitive, while the latter is market-oriented, and their effects on the economic welfare and long-term development of the two countries are different
response time: December 3, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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3. According to the general financial theory, the value of US dollar is negatively correlated with its net export. That is to say, the net export of US dollars increases and its value decreases, while the net export of US dollars decreases and its value rises

when the United States starts a trade war, it is equivalent to recing the net export of US dollars, so its value will rise

as a relative currency, the value of RMB relative to the US dollar will decline under the circumstances of interest rate increase, tax rection and trade war, that is, there is pressure to depreciate.
4. Almost no impact.
5. Cooperation brings both benefits and war brings two injuries. Throughout history, in the period of great changes in the international pattern, the division of time must be combined, and the combination of time must be divided. Generally speaking, it is optimistic. The best experience of the barometer of the stock market is to go to the market or supermarket nearby.
6. China has more than US $3 trillion in reserves and sufficient funds. It is not difficult to quickly start domestic demand to balance the impact of the trade war. At the weekend, xiong'an and other major projects came to China; China's economy has no worries; With the economic foundation, the stock market also has a foundation. Since the trade war, the Shanghai Composite Index has fallen and the gem index has risen. This is determined by the trend position of the two indexes themselves. The trade war only changes the path and time.
7. Cheng Shi, chief economist of ICBC international, commented that this round of trade war will resonate with the monetary policy of China and the United States, and we need to be highly vigilant against secondary risks. Under the impact of the trade war, the medium and long-term performance of US stocks is worrisome, and China's monetary policy is difficult to tighten. Therefore, the competition between RMB and US dollar will intensify, and the uncertainty of the two-way fluctuation trend of RMB exchange rate will be further enhanced.
8.

bus line: Metro Line 6 → Metro Line 10, the whole journey is about 6.5km

1. Walk about 200m from Chaoyang Joy City to Qingnian Road Station

2. Take Metro Line 6, pass 3 stops to Hujialou Station

3. Take Metro Line 10, pass 1 stop to Tuanjiehu station

4. Walk about 420m to Dadong Roast Duck Restaurant (Tuanjiehu)

9. It's going to depreciate, and it's already started
10.

Processing process:

1. Appointment of face-to-face signing time (if you have applied for Schengen visa after October 12, 2015, you don't need to come to the visa center to collect fingerprints, you can entrust others to submit them on your behalf, otherwise the applicant must come to the visa center to collect fingerprints on the same day of submitting materials!)

log in to the official website of the German Visa Application Center to make an appointment for face-to-face signing time (to make an appointment for interview time, you only need to register on the above website, and then fill in simple personal information according to the relevant application type to complete the appointment of face-to-face signing time)

2. Fill in the German Visa application form online

log in to the video system of the German Consulate, All short-term visa application forms can be filled in by referring to the prompt next to this one (Note: after filling in, you must remember to save the. JSON source file, because if there are filling errors in the form later, you can import the source file for modification, and then generate the application form)

after filling in the application form, Please print it in high definition color, and then sign it by hand

personal travel visa materials in Germany:

1. Original passport, 2 copies of the first page of the passport, 1 of the page with visa record and 1 of the entry-exit page, 1 of the signature page at the end page

2. If there is an old passport, provide the original and of the old passport

3. One of the front and back of the ID card

4, Jiangsu, Anhui, please provide a of the front and back of the residence permit for six months in the above four places

5, a of all pages of the household register, as long as it is on the same household register with you

6, two color 2-inch photos on a white background

7, two business cards

8, a of the marriage certificate (if married)

9, a of the real estate certificate (if there is a real estate, Unmarried parents can use the name of the real estate)

10, bank card or salary card for nearly six months of the detailed list (the balance should not be too small, at least a 3W above the top is not capped), to the bank counter to pull, to have the account number and name display, to have the bank seal Original and ) pull their own, can not share

11, provide the front and back copies of the above detailed card. Pull their own, can not share

12, of the company's business license stamped with official seal, each one Original and )

13. The original of the company's approval certificate, which should be signed by the person in charge with the seal of the company and the position of the signer Original and , please refer to the template if there is a template), the letter of approval is in English, your full name in Pinyin (not in English), position, years of working in the company, monthly salary Time period of leave

14. Advance order of air ticket

15. Advance order of hotel

16. Itinerary plan

17. Two originals of Schengen insurance policy

18. One application form of German indivial tourist visa

after all the above materials are prepared, On the day of face-to-face signing, you can take all the materials to the visa center and submit them.

the validity period of German indivial tourist visa: generally within 15 days (see the consulate for details), The Consulate with good personal visa record may give more than one year or three years / five years)

German personal tourist visa stay: please refer to the visa page processing cycle: generally, those who go out to sign within 2-5 working days after submitting and have been to Schengen country since October 12, 2015 can submit face-to-face visa free and fingerprint collection

note:

if there are more than 5 applicants (including 5 applicants), they must apply for a team visa. They must submit all the information to the consulate for review at one time (the information is consistent with the interview free information), and then the consulate will arrange the interview time. If they apply for a team visa, it is recommended to prepare the information as soon as possible

extended information:

handling instructions:

1. Temporary residents need to provide a of the temporary residence permit (effective half a year ago, if less than half a year, please provide the original of the old temporary residence permit or the certificate letter issued by the local public security bureau or neighborhood committee Street, please consult and confirm the specific requirements of the country)

2. Retirees do not need the information of the Chinese company, they only need to provide the original Retirement Certificate (if the retirement certificate has not been handled, the early retirement certificate issued by the original unit must be provided)

3. Housewives need to provide the original housewife Certificate (issued by the local neighborhood committee to prove their housewife identity; One visa

4. Students should issue the original certificate of school's permission to leave:

4-1. Use the school's regular letterhead to print.

4-2. The letter of permission to leave should include: school name, student's department or class, travel time, signature of department leader or principal, telephone number, fax number, and indicate the guarantee that the applicant will return to school on schele. If you are under 18 years old, please provide birth notarization and kinship notarization. If your parents are not in the same company, please provide consent notarization and need to be certified by the foreign affairs office

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