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中國的商業環境崩塌創紀錄 【中英對照翻譯】

来源: ZeroHedge

作者: Tyler Durden

翻譯: ignoreme

簡評: 海闊天空

簡評

中共高層為什麼一而再、再而三地逼著人民去復工? 看看中共真實的商業數據吧。中共國經濟幾乎全面停擺, 不只是航空、旅遊、餐飲地產鋼鐵也是創紀錄的新低。然而詭異的是,中共國沒有運輸業沒有商業沒有電力使用污染卻開始加劇。 如果不是煤炭燃燒,或者是交通排放造成的污染, 是什麼造成了中共國的污染加劇? 難道是火葬場加班加點排放的氣體? 此次冠狀病毒, 究竟造成了多少中國的百姓無辜喪生? 究竟造成了多少中國的百姓死於次生災難? 累累白骨能饒過中共嗎? 中國人民能饒過中共嗎?

可嘆還有多少人相信中共的造假數據, 相信中共連日來多地冠狀病毒0增長, 相信國外疫情爆發, 中共國還屬於安全之地, 多少人搭乘航班從國外返回? 多少人不帶口罩開始四處活動?

一個人的資訊管道和判斷能力決定一個人的命運。中共國高築防火牆, 讓民眾隔離真實的資訊,但生死存亡之際, 民眾一定要好好動動自己的頭腦, 中共一貫撒謊成性、上欺下瞞, 目前沒有解藥、醫護人員還在不斷抽調、員警還在不斷抽調, 為什麼冠狀病毒0增長? 為什麼資訊透明的國外瘋長, 而信息封閉的中共卻風景獨好?

It Begins: Chinese Business Conditions Crash Most On Record

開始了:中國的商業環境崩塌創紀錄

For the past two weeks, even as the market took delight in China's doctored and fabricated numbers showing the coronavirus spread was "slowing", we warned again and again that not only was this not the case (which was confirmed by the latest da ta out of South Korea, Japan and now Italy), but that for all its assertions to the contrary, China's workers simply refused to go back to work (even with FoxConn offering its workers extra bonuses just to return to the factory) an d as a result the domestic economy had ground to a halt, something we described previously in:

過去的兩周,即使中共篡改並且捏造數據使得冠狀病毒疫情傳播"變緩", 從而市場表現的樂觀,我們一次又一次地警告這不是事實(參考韓國最近的疫情數據我們可以確認, 還有日本和義大利), 不僅如此, 我們還發佈了與中國政府宣傳相反的斷言, 中國的工人們只要簡單地拒絕回到工作崗位(即使只要工人返崗富士康會提供額外的獎金)中共的國內經濟就會停擺, 我們之前在下列文章中討論過:

  • China Has Ground To A Halt: "On The Ground" Indicators Confirm Worst-Case Scenario
  • China Is Disintegrating: Steel Demand, Property Sales, Traffic All Approaching Zero
  • Terrifying Charts Show China's Economy Remains Completely Paralyzed
  • 中國已經停擺:「實地」指標證實了最壞的情況
  • 中國正在崩潰:鋼鐵需求,房地產銷售,交通運輸幾乎是零
  • 嚇人的數據圖顯示中國經濟完全癱瘓

Unfortunately, one month after the start of the Lunar New Year it's not getting any better, as the latest high frequency u pdates out of China, courtesy of Goldman Sachs, demonstrate.

不幸的是, 根據高盛提供的關於中國的高頻更新顯示, 農曆新年開始的一個月後, 形式沒有任何好轉。

First, here is China's daily coal consumption which have barely pushed off the lows, and are roughly 50% where they were a year ago this time.

首先,這是中國煤炭消耗量, 還幾乎沒有離開谷底, 消耗量大概是去年同期的50%。

With coal demand in the doldrums, it is also to be expected that coal supply is depressed as well, and indeed coal volumes over the past week remain 25% lower than the past 3 years' average, and roughly 33% below the 2019 level.

隨著煤炭需求的低迷, 可預見的是煤炭供應也會收到抑制, 實際上過去幾周煤炭產量比過去三年的平均水準低25%, 大概比2019年低33%。

One of the better indicators of real-time commerce, traffic congestion, remains virtually unchanged, and substantially bel ow where it was in previous years.

即時商業數據更好的指標是, 交通擁堵, 保持不變, 大大低於前幾年的水準。

Yet, hilariously, this being China even with no transport, no commerce, and virtually no power plant use, pollution is fin ally starting to ramp up. One wonders what is causing this if it's not coal demand, or transportation: maybe all those crematoriums working overtime ?

然而,滑稽的是, 現在中國沒有運輸業, 沒有商業, 沒有電力使用, 污染卻開始加劇。 有人懷疑, 如果不是煤炭燃燒, 或者是交通造成的: 是不是火葬場加班加點?

And speaking of not transport, the number of passengers carried after the New Year is barely above 10 million, almost 50 m illion below last year's levels.

說到運輸, 新年後的客運量僅略高於1000萬, 比去年的水準低了近5000萬。

Meanwhile, a brief silver lining in the economy was promptly snuffed out last week, when the property sales volume in 30 major cities crashed back to earth and remains well below 25% of the seasonal norm.

同時,在上周, 經濟的短期的一線希望破滅, 30個城市的房地產銷售大幅回落, 遠低於季節性指標的25%。

And with no end market demand, it is hardly a surprise that steel demand has continued to crater, and was below half the normal level from the past 3 years.

沒有市場的最終需求, 鋼鐵需求繼續大幅下降也就不足為奇了, 鋼鐵需求低於過去3年正常水準的一半。

Last but not least, and perhaps most ominous of all, the earlier semi-official data print in the form of the February surv ey on business conditions showed a depression level plunge, with the index crashing more than 18 points, the most on recor d, to 37.3, which confirms Nomura's expectation of a manufacturing PMI print later this week which may have a 30-handle.

最後, 不是重要的一點, 較早的半官方數據對於二月商業環境調查顯示, 市場信心低落,指數跌幅超過18個點, 到達歷史最低:37.3, 這證實了野村證券對於這周晚些時候公佈的製造業PMI指數的預期,可能有30個點。

編輯:【喜馬拉雅戰鷹團】