Relations between Serbia and China have always been good, and the visit is normal.
Hungary-China relations have always been good and the visit is normal.
Q: What are the Irish and Poles doing here?
Look at the previous news: In April, Yellen attended an online event organized by the Chicago Institute of Global Affairs and said that the United States is cooperating with G-20 economies, hoping to reach an agreement on setting the lowest corporate tax rate in the world to ensure that multinational companies pay taxes more fairly and set the lowest corporate tax rate in the world to increase corporate income tax revenue in various countries.
What did Ireland rely on for so many years of economic growth? Simple low tax rate policy.
Ireland's economy is quite unhealthy. In dollar terms, Ireland's per capita GDP can reach 78,000 US dollars, while Britain's per capita GDP is only 42,000 US dollars. Anyone who has really been to Britain and Ireland knows very well that in the real life of these two countries, it is impossible to have such an exaggerated per capita GDP comparison.
The reason why Ireland has such a high GDP per capita is simple: the corporate tax in Ireland is much lower than that in the EU, which actually plays a role of a safe haven, leading a considerable number of multinational companies to directly set up their EU headquarters in Ireland, and the Irish government often uses its position in the EU to help these multinational companies.
For example, in 20 16, the European Union fined Apple for owing Irish corporate tax, and Ireland helped Apple counterclaim to the European Court of Justice, saying that Apple did not owe tax, which was quite ridiculous.
The EU headquarters of Apple, Google, Facebook and Hewlett-Packard are all in Ireland.
However, Irish local enterprises are very weak, and Ireland is actually taking advantage of its EU status to take advantage of the EU.
However, this is very dangerous, because these multinational companies are still American multinational companies after all. The United States requires other countries to set a minimum corporate tax, which is equivalent to plugging this loophole in Ireland.
In addition, at present, the EU is increasingly binding on these multinational enterprises, and Ireland does not have much say within the EU. From digital taxes, copyright issues to monopoly issues, it is obvious that the EU just doesn't want these American digital companies to make money in Europe with peace of mind, and every time Ireland has to help these giants speak for their own economy, it is only a matter of time before EU member States have opinions on Ireland.
The situation is very dangerous now. If the lowest corporate tax is proposed and Ireland loses its tax advantage, it is doubtful whether these enterprises will stay in Ireland.
In order to hedge risks, it is normal for Irish to come to China to talk about some trade and investment matters.
Except Poland.
To be honest, Poland's visit to China was quite unexpected. If there is one country in the EU that can turn against the United States and EU member States, it is Poland. Poland's relationship with Russia is well known, and our relationship with Russia is very good.
According to CGTN's official statement, Poland's current visit to China is mainly to discuss the connection between the 14th Five-Year Plan and Poland's revival plan "New Polish Order".
Poland's new order is an economic reconstruction plan after the epidemic, aiming at promoting the use of EU structural funds.
The Polish Foreign Minister said that Poland hopes to expand the export of agricultural products to China and deepen bilateral cooperation in the fields of trade, investment, logistics and education. Every country needs a peaceful and stable development environment. Countries should strengthen communication, reduce friction, expand their knowledge and pay attention to cooperation.
Let's talk about the so-called "new Polish order". This policy is a plan of the Polish ruling party PIS (Law and Justice Party). PIS was in civil strife some time ago. This time, the "New Polish Order" policy can be said to be a kind of * * * knowledge condensed in PIS. Generally speaking, it belongs to the left-leaning policy.
On the new Polish order, Kaczynski said: Poles should live like the West.
Policies include:
Spend 7% of GDP on health care within six years.
There is no social and medical insurance when the contract is terminated.
Raise the income tax threshold.
The one-time allowance for two children is 2660 euros.
Pensions of up to 555 euros excluding tax.
The state provides up to 40% self-financing housing loans for families aged 20 to 40.
According to the number of children in the family, the housing loan is reduced or exempted, with a maximum of 33,330 euros.
Provide procedural convenience for building houses under 70 square meters.
In 5-7 years, the infrastructure investment was 654.38+04.4 billion euros, which was implemented by the Polish investment fund.
2,500 kilometers of new roads will be built in seven years, and the entire expressway network will be completed in 2030-203 1 year, and 49 billion euros will be allocated for this purpose.
Subsidies for Polish farmers will reach the EU average level within 2-3 years.
Although PIS belongs to the right-wing party, its economic policy is still relatively left. The EU's attacks on PIS mainly focus on the following aspects:
PIS publicly announced that it would not accept refugees.
PIS is closely related to Catholicism and opposes abortion.
PIS is more opposed to LGBT
Many members of the party come from the Solidarity Union.
After so many years of development, Poland's economy can be regarded as a "model student" of the European Union. But compared with Asia, especially East Asia, European model students are very ordinary. Poland's development for so many years depends on accepting the manufacturing transfer from big countries such as Germany and France, but Poland's R&D is not enough, and its R&D accounts for 1.2 1 of GDP, which is not bad in developing countries.
In the past, we always wondered: Why do countries like Turkey, Thailand and Mexico seem to have higher GDP per capita than China, which is obviously not so good? In the past few years, all doubts have been confirmed: China is undervalued and these countries are overvalued. In 2020, China's per capita GDP has widened the gap with these countries.
Even without considering the recent appreciation of RMB, according to the IMF's estimation, China is 10839, Turkey is 77 15, Mexico is 8069 and Thailand is 7295.
Visually, it is not difficult for China to catch up with Poland in GDP per capita.
As Poland is a member of the Schengen Agreement, it is more convenient for talents to go directly to Germany and France, and Polish young people are constantly losing to developed countries, resulting in a great population problem in Poland.
Poland's economic development for so many years mainly depends on consumption, investment and export are not Poland's strong points, infrastructure is not up to standard, and the net value of international investment position is negative all the year round, seriously negative. If investors from other countries withdraw their funds, Poland's economy will be hit hard.
Poland's foreign exchange reserves are 654.38+040.8 billion US dollars and its foreign debt is 372 billion US dollars. Poland is not a euro zone country. Since Poland is an ally of the United States, the United States will certainly not do anything against Poland. But if the United States thinks that inflation is too high at present and wants to raise interest rates, the global dollars will return to the United States. Whether Poland's meager foreign exchange reserves can hold up and whether Poland's currency can hold up is a question.
Compared with other EU countries, Poland responded well to the epidemic. In 2020, Poland's GDP will only drop by 3.5%, far below the OECD average of 5.5%, and the unemployment rate will be well controlled.
During Trump's administration, Poland supported Trump on one side. In addition, Poland is anti-gay, anti-abortion and anti-religion. This is simply a disguised party. This time, the United States changed its term and the Democratic Party came to power. The attitude of the Democratic Party towards Poland can be imagined. Biden lifted the sanctions on the Nord Stream 2 Line, and Poland protested all the time, which was useless.
It is speculated that the relationship between the Democratic Party and Poland is tense. After Biden's trip to Europe is confirmed, we will know the attitude of the Democratic Party towards Poland.
Visually, Poland still wants to get an insurance policy economically.