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2004360 2008 年 06 月 27 日 12:11 Reading (loading. ..) Comments (0) Categories: Transshipment
an unprecedented knowledge of the most cutting-edge with the finance strong and favorable financial capital, sweeping across the world, you know what purpose? Through international inflation, and makes the world's ability to govern all countries fell sharply, will cause all the world governments have control of the crisis, I tell you, you believe me, very clear to me that two brushes, as countries Government's weak control out of control in their favor? Why fried in the end? Why should wheat prices have risen? Because the international financial speculators to cause death because of hunger in the world, so that these countries had to shock, had to use expensive imported food, the next step may be caused by food shortages in poor countries, death, once dead, you will force the government to use high buy food, then on the world of international financial speculators control an important resource for the pricing. Understand what I mean?
I repeat. Why do fried rice and wheat? Especially rice? Because rice eating countries, the national rice to eat in poor countries in many countries. Rice crisis will have serious consequences, that is, cause of death in many countries, once produced after death, there will be tremendous pressure on the government to import rice at high prices, from strengthening the international financial speculators for the rice pricing, understand right? You look at the recent television coverage. South Korea began, India, various countries around the riots to protest, protest inflation, recent economic collapse in Vietnam you know? How caused? Inflation! Understand? Inflation has been as high as 25% in Vietnam, the Vietnamese people do not want to hold the currency, and the international food crisis, Vietnam's rice exports do not want and can not exchange a lot of foreign exchange, together with the Vietnamese people want to hold foreign currencies, do not want to held in national currency, the two forces under attack, the first national currency makes the exchange rate fell to sell, the second exit to stop, because we do not export food international food crisis, the Vietnam's trade surplus had become a deficit. Vietnam currency began to depreciate, the more inflation, more devaluation, the more panic, the more panic selling more local currency, the more devalued, creating a vicious cycle, so Vietnam is the first casualty in the Asian region countries, all this is a masterpiece of the international financial speculators, understand? Are able to understand it?
so why the Government today to control inflation? Too important. Of course, I updated all this speech is, ah, you listen to the following result is the same, the content is different, because a lot of new phenomena will come out. Vietnam collapsed, here are a few countries, India, the country is to eat rice will fall one by one go. The words sound funny, but this is the strategy of international financial speculators, as the national super rice is relatively poorer and eat wheat compared to poorer countries, the Philippines is to eat rice, do you does not produce rice, many countries in violation of the WTO Agreement, does not export rice to protect their own resources, protect the people, all this is break the curse of international financial speculators. How? Comrades? Sleep at night, right? Three in the, ah, time off so fast? This speech is not the first time heard of? You feel the situation is not bad enough? There are no guts to listen to worse? Do not listen to worse?
Lang: just at rest, many people came to ask me questions. It is about the question of international financial speculators. We are very curious about that, how can he plundered the wealth? We can not solve? We must join together to solve this problem. I thought, so to say that time is limited today, we can not put the entire international reality and you make it clear, but I told you so about a hundred and fifty years ago, the Western countries as the leading East India Company , backed by aggressive gunboat States, today? Finance as a leading, as the international backing. Hundred and fifty years ago can still achieve the same purpose. So when our ancestors is to enter into a new era of unprecedented, and today our generation has entered an unprecedented era of financial war. So everyone say a lot of people during the break, said Professor Lang talked about Vietnam,
dunk sb high, the last paragraph of that section of your talk did not really understand, can make a major let us know how to die? Do not listen to what I say a little more detail?
Lang: very difficult to satisfy everyone. But this is not said before in front of me. In early 2008, Vietnam and Hong Kong before 1997 is very similar to what is very similar to it? An asset bubble, the stock market bubble. Hong Kong House in 1997, rising values of the fast, the Hang Seng Index rose to 18,000 from around 9,000 points, compared to today's Vietnam, in the prior six months, foreign exchange earnings is very large, the stock market Ye Hao,
nike dunk high, Ye Hao property market, this time, ah, assets Once a bubble, no matter what form you are shown, including real estate, including stocks,
nike dunks, will become the object of plunder, looting many ways, predatory looting of Vietnam with Hong Kong is not the same, this is powerful international financial speculators place. How predatory looting of Hong Kong? What is to pretend to pretend sniper attacks HK HK it? Is through short selling. What is short selling? I have the stock market as an example, we have the stock index futures, today I borrowed a stock to a company in today's price of 50 sold, the price dropped to 30 tomorrow, and I then buy it back, also back, so made a difference, 50-30 dollar price difference. Money can also be short. How short? An agency to lend dollars, with today's price to sell, tomorrow turn to buy it back when HK is also falling back. This is a short, by buying space HK, HK short selling, let HK out of stock, a stock it? Lending between banks for the Hong Kong dollar interest rates to rise? Rise to what extent it? In Hong Kong, the call rate rose to 268%, because all sold out of stock. Then how to make money? How you want to make money? So do you find that finance is the most profitable.
how to make money? Hong Kong was the whole miserable, it is like a sniper dollars, in fact, his goal is the stock market. What does that mean? He is pretending to attack Hong Kong dollars, to the time when the sniper HK Hang Seng Index futures to sell substantially, expect the stock market crash. So to the 268% rise in interest rates, rising interest rates in countries other than China, the share price will fall. Valuation fell from 18,000 points 6,000 points, house prices fell 60%, falling home and stock prices of these were swept away, all of Hong Kong into a full recession, Japan is also the case. Vietnam today is it? Not the same. Do not expect him to go to Vietnam, every war is the unique re-design, Fu Yuenan it? On the adoption of international inflation, so that Vietnam's inflation in the country reached 25%, making the Vietnamese people lose confidence in the government, the Vietnamese began to panic selling coins, the more throwing more devaluation of the currency devaluation, coupled with the international food crisis, food prices rise to the Vietnamese rice export-oriented economy to stop export of rice, a further blow to the trade surplus, resulting in trade deficit and trade deficit, caused by devaluation, but also to sell further depreciation of the Vietnamese currency, the more depreciation of the worse. Vietnam imports inflation, devaluation is more serious. People began to panic buying of rice, corn rush anything, we do not want to hold VND, half a year ago, Vietnam is known as the most promising countries in Asia, a sudden collapse of the economy to such a collapse. So is pretending to combat short selling in Hong Kong the Hang Seng Index futures, profit from the stock market hit Vietnam, rice, and the fight against inflation began. Very dangerous, Vietnam is the first country in Asia fell. Come this far, you will remember five years ago, Professor Lang told the Bank of China continued to maintain the integrity of the Chinese economy is a fixed rate system, and strict foreign exchange controls, the only two ways to be able to block the international blocking of financial speculators.
their approach, the first step of internationalization, the second bank to sell, the third step is to stock index futures, and we did well, are dry. The control of more foreign banks, coupled with the introduction of stock index futures, you give the international financial speculators to create good conditions, and we do very positive. I have said not ah? I said before. Five years ago, I said, what we know to go there yet, Professor Lang is right, too many examples to prove my vision, but no one is listening, I say to you in terms of these stories is not too imagination, and there are so frightening? Day will always have to know.
and this is why I have been against the introduction of stock index futures, I have been against the yuan float, I have been against the bank to sell bank shares, I was afraid that one day such a day as expected Lang will come. Because I am a finance PhD, I too know. I am not an economist, I am a business school finance system, I am not an economist. You may feel that things seems to be terrible, horrible if you think this even if the words, too easy, you know? Even more interesting, you think again, our manufacturing so depressed to see how the international financial speculators us? Some people even say that the international financial speculators are likely to hot money inflows, flow to stock and property markets go. Have you heard this statement? It is very lovely domestic economists say, you know why he so speak it? He is such a level of speculation that he went to the money stock, I have money, then the international financial big jaw, then the money will come to speculation in stocks and so poor, ah, you misjudge people, that is your level of , how do you think they will? In addition to causing international inflation, he has about how to do? Speak specifically, how to deal with the entrepreneurs here?
you: buy!
Lang: buy ah! What are you doing? You are engaged in real estate! You feel boring, you could not do it, you want to engage in real estate, you do not know your behavior dawn will allow China to gradually towards the Hong Kong model, you know? Hong Kong is mainly a real estate and financial areas, our last dual economy that allows us to gradually enter into a Hong Kong real estate more and more popular, more and more stocks, you leave the industry to how to do? You do not want to dry, you empty space down who is going to replace you? Will be our Chinese entrepreneur? He went to the stock market speculation. Who to replace? So today I answered a friend who, he says he wants to engage in a private equity fund to buy the business and do engage in R & D is not it? Do not engage in R & D, and you no hope. To point you to a good short-term profits. Do you think, as long as you want, right? Absolute international financial speculators earlier than you think, and believe it or not, as long as you think it profitable, they should be out soon. This is the era of a knowledge-plus capital.
so at this moment, will you be going out after listening to speeches, you see the sky not the same as with the past, because, two bald eagles soaring above, these two bald Eagle watching all of you to slowly bleed the body, in the sky, soaring Liuzhuokoushui, looking at your body, biting of you all of you, take you all of you to eat Shiguwucun,
dunk sb shoes sale, a bone have a piece of meat do not stay, you have to eat, which is they do, these two vultures are? I think our business case ah? How many people still think that you Tsingtao Brewery is the state-owned enterprises? Tsingtao beer is currently controlled by the Qingdao Guozi Ju 30%, the second largest shareholder control of the U.S. An Haixi 27% of the company, how controlled? Position of vulnerability, in 2001, Tsingtao Brewery not go dry. The stock fell from 8 1 block, 89% debt ratio, in which case the crisis came under the An Haixi company, Qingdao beer they buy 1.4 billion issued convertible bonds bought after, Qingdao Beer Take the money to reduce the debt ratio, from 89% to 41%, Professor Lang back data can be, back in the very familiar, but the one after the expiration of it, put all the convertible bonds converted into shares, holding 27%, it can be easy in Hong Kong H-share market to buy 4% of the H shares, all of a sudden, become a foreign-funded enterprises in Qingdao beer, it did not do so because it did not want to arouse the attention of the Chinese people, already can do that.
who it is? It is the first bald eagle soaring the sky, called the industrial capital. A company called Xuzhou XCMG, he had wanted to sell the Carlyle Fund, the United States, many people including me, against, you can not because the company's net assets is negative to sell, because the value of a company does not depend in net assets, depending on the company's sustainable operation. Finally, do not negotiate. Although it is very favorable conditions, but the opposition is too great, this is about 2004,05 years, and I said, you better sell the Carlyle fund sold to Lang forget, our approach is the same, will sell XCMG spin-off, simple as that, this is the funds do, sell you a hundred pieces of this fund, he gives you a spin-off, the dissolution of the thin, cut to pieces to sell a block, he can earn 1000 dollars, so its better to sell me, I can do, why do you sell him? Carlyle Fund, you split the cut to pieces, you sell, who was this? Carlyle Fund is the second condor soaring, it is called financial capital, that is, the friend called private equity funds. Your level and they are not the same, the things you think others are done. So these two vultures soaring the sky, looking at the predicament of our entrepreneurs, watching your body slowly bleeding, swoop down, the banner name of investment. Do not believe you want?
Next, our auto parts industry, domestic enterprises will all be swept, spare parts industry will be dominated by foreign investment and joint ventures will not have the resources of space. If you do your domestic parts industry as early as possible speculation in stocks and spare parts industry in a joint venture may also be kicked in the near future, become a wholly owned foreign investment into, because you do not use value. Who will complete this work? Industrial capital and financial capital, Comparing the two, industrial capital is more terrible. All of you as long as you do good, slightly better, a little bit of manufacturing scale, and two vultures should have been negotiated, this sentence right now, basically all right, especially if you do a little large scale, a little success, a little technology content, and basically talked about, right, when you negotiate with him, when you remember that today I tell you, they are vultures, when you look at this contract text, I draw your attention from the first word began to look, everywhere is the trap. And two in English and Chinese to sign a contract, ah, is not it? To which a text-based ah? Yes, in English. We Chinese people in poor English, the English do not gnaw our lawyers, really. English lawyers hired our own is not enough, not necessarily see really understand, in the end all disputes, all out, once out of the basic dispute is detrimental to you, then they are doing? You may say that we Chinese entrepreneurs so hard, so hard, we all do well, they do right? Later, are not allowed to ask such a stupid question, this question too dumb stupid, he did a good important? Comrades? Xiao you do not know what they are doing? They have started in the financial war on an unprecedented chain of war you know? Today, the plight of China's manufacturing industry is not you work hard, are not you hard-working, not your cost is not low enough, but from 2008 we have entered into a worldwide chain of unprecedented war era. Rather than the product of the competition. Nor is the industry competition, but competition in the whole industrial chain.
are able to understand it? So why do you lead the investment property they live in fear inside it? This problem is clearly solved the Well, why do so many real estate developers in 2008, when Professor Lang continuous speech, please, in addition to trick customers, he also wanted to know how, he found his house The more people selling more expensive to buy, strange, do not understand, where's the money? The more the government macro-control, he was selling better and unreasonable! Anxious his heart on the right, before I say I have a word of this property, you knows I do not know, why raise interest rates a stock on the rise and why? No one can explain, except me, that is the level of ah. Really, Professor Lang is not here to brag, not 有两把刷子 not mountebank. Want to know why?
you: think.
Lang: one raised the interest rate, cold dual economy entrepreneurs inside found life more difficult, how to do it? Do not want to dry, put the money to take it from cooling the overheated sector sector stocks, it's that simple. The more stimulation the more macro-control him, the more quit, the more to stocks. More than a simple ah, are clearly explained in the dual economy. The last mentioned property. These real estate developers ah, for example, in my case ah investment real estate, investment real estate in Beijing, built a park called the 1872, I order you to do this lecture, I took a quick tour, opening 20005 in the City of Victoria side, facing the Young Pioneers Park Pioneers Park, here, here to open a real estate he called the year 1872, where real estate do not look at the park's 20,005, the higher the park every glance retired, more positive look at the park, 80000 not opened this year, sold out side go down after the sale, expected to be completed within three years, how dare you all the way from 20,005 to 80,000, and you dare to betting on someone to buy, such pricing in the end to attract Who? Bay side of the new rings, Phase III, four million units, but two second-hand housing prices between 20 000 7 3-2 million, almost close to 40% discount, in the three, he played the decoration is the slogan 1 million per square meter, you need to carry 1 million to renovate? After the results I just went, wow, looks like the feeling of the museum. Unimaginable luxury. Do not want to home and live in the museum how ah you sleep well. You 10000 fitting a meter which you want to attract people to buy a house? Too realistic. Therefore, your attention please, the park's 8 million in 1872 prices, and new pricing bay of 40,000, there are 1 million dollar renovation, is absolutely nothing to property values, this phenomenon is what attracts people to buy? And even sell out, you will find that the contrast of the market demand price is the standard formation of the dual economy of the market. What market? Is that these entrepreneurs do not want to invest their hands so much money going to do? Is to attract this group of people, but this group of people's funds are erratic, so I give it a name is a virtual fund of funds is erratic. Think about the cost of his property is rigid costs, including money to buy land, build costs, is the demand side of rigid and your funds are not entrepreneurs from investing in virtual money, what is the virtual money features?
1, not regulation, 2, unpredictability, 3, can not control. It is erratic, to go to groups of without a trace. So this explains why the real estate industry who are anxious for his heart, because the cost of a rigid supply side cost, and the demand is erratic demand, you get it? And this needs to be able to make it, from this strange pricing. So why the real estate customs in Shenzhen decline in value of it? Fall so much? The reason is clear, will go to buy a house outside the customs are a small people, these people want to buy a house when the macro-control has come, not to borrow money. So you find him in Shenzhen High real estate prices is strong, as is the entrepreneur's virtual money, and cheap real estate prices plummeted, and we can not afford the small people fall further. Macro-control to combat the affordable housing, so only the formation of this unique abnormal price gains this eccentric. The turning point can be simply called it? No inflection point, basically, is virtual money at work, where to hit where the bubble, it's that simple.
my speech last May to Chongqing, Chongqing leaders told me, Chongqing, real estate price is 2900 yuan a square meter last year, in May, I was very praise, I say this well, there is no bubble, wow, the media headlines once said, Lang said there was no bubble, I rarely say to others, I say good people very excited, I said there is no bubble because of the virtual money has not come yet entrepreneurs I was speaking someone else did not really understand, the results of the June, I went a month later, voice hardly ever, words are still ringing in our ears, Chongqing out of a rural co-ordinating new SAR plan, the new SAR plan came out, a lot of virtual money to play to Chongqing, in November last year to date, the price changes from 2900 yuan to 6000 yuan, completely out of control, you said that this has anything to do with economic development? Is that these entrepreneurs did not want to go stock speculation. I remember when my presentation to several entrepreneurs suddenly I ran up to hold pro-Youmo's, but also the men, said Professor Lang, I am very excited to listen to you talk, we listen to your speech is very excited We are Shanxi coal boss, we are a provider of virtual money. Where there is a new concept, we'll go where the speculation. Time is almost up. Also happy to play with you one afternoon, in the process of playing, we satirical, and humorous way with a variety of our analysis of China's economy is in place very well, right? The remaining half an hour, all of you have any questions, I'd like you to be a discussion, are able to understand it?
Moderator: The next time to ask questions.
Question: Professor Lang, hello, is this way, in your opinion which in addition to property and stock markets are other than cold, and we look at media coverage, and now All the sounds are the property market has entered a period of ten years the longest wait and see, the property market is relatively cold, so to say, the media are wrong,
nike dunk high mens, we were wrong, or you're wrong? There is a second problem, because you are a controversial a figure, your degree of concern in the mainland than in Hong Kong to be high, you say that Hong Kong people are too realistic, they are speculative stocks, so you came to the mainland However, if the viewpoint of today, the mainland's acceptance is not higher than Hong Kong, I would like to ask you about,
dunk sb shoes, people say you Lang supervision, supervision of the following do you go there?
Lang: I am a few real estate, for example, to tell you that high-priced real estate firm, the cheap price is falling. Such as Shenzhen, who the past two years, 70% of his buildings were built in the customs, the customs of Shenzhen people are reluctant to go, or are from those places to start down, 70% of the building, a large number of properties for sale , you feel house prices fell from 10 007 10 001, but you cover China Merchants Property Development Co., Ltd. Suzhou no or real estate, and sold well, this is the property of the dual economy, you do not simply think a weak, but talk about who is weak. You always have to have a weak high-priced real estate, you can say that real estate is weak, and weakness in high-priced real estate depends on whether the entrepreneur is how to do? Once the withdrawal of funds if the entrepreneurs, high-priced real estate will be weak. When will he buy it? Is the investment environment in which he continued to deteriorate, and he did not want to Na Zhaoqian invested enterprises, then continue to invest in real estate, then the high-priced real estate to continue strong, this is the dual economy.
Question: Professor Lang, Hello, I would like to ask a question, just talked about so many questions, and I think we have to understand, but if you are with the Chinese a decision of government to do counseling, you think there is no appropriate solution? I think this is a rather important.
Lang: Well, of course, his concern for the fate of today, Professor Lang led you this point of view we know that you would like this topic is not it? Can also put forward some solutions? So I tell you, I believe that, ah, the leadership was much more clever than I, I believe this view should be able to know, but you know, today I speak with you this simple lesson, in fact, it can speak for eight hours I only tell you to focus on them a bit, only three hours, how complex you want? U.S. Government dealing with the economy are so complex that he, not to mention us. Co-ordination of the international financial speculators and vultures dual economic problems, the industry chain competition, so many issues intertwined, forming a difficult to resolve the situation. Today, I stand about the position of an objective, I analyzed the problem very clear, but you have to push a large machine to solve this problem is very difficult. Even if a person understand my theory, he wanted to push so many officials, so many entrepreneurs to solve the problem is very difficult, today I do not want to blame, but to tell you that this issue is too complicated, even the U.S. are trapped in this dilemma now, let alone other countries.
you today to listen to my speech, my responsibility as a scholar, I have reason, I have this responsibility should give you an analysis of the very clear, but you have to clear the problem to Do you speak clearly, the problems than you can see this reason for excess liquidity hundred thousand times ten times more complicated, so, how should you do, you should have figured my heart, I can not tell you how in public do, but I tell you about my theory is not a simple theory, but after a lot of data research up to today, so why such a tried and tested, this is not the question I can not go wrong, this is due to the kinds of data to the conclusion that any one person will reach this conclusion, it is science. So in the face of so many complex issues, he had difficulty with a huge machine to solve the problem, I understand very well, second, you as an entrepreneur himself, a simple half-day topic enough to give you trouble, and that is you today decide you want to continue in the manufacturing sector or not? Such a simple question you can not solve, you believe it? If you're a person can not solve the problem of where to go their own business, although you are able to understand, how can you expect such a big country to promote such a large machine to solve all problems? Is very difficult, I suggest you go back and think carefully about, how are you going to do next? After you understand, you go back to thinking, context only to be found, only logical thinking. Your decision will be more correct, this is my speech today to give you the biggest goal.
Question: I would like to ask, Haier now can not go on, why the acquisition of GE's white goods?
Lang: this issue, M & A itself, I do not want to pull out a lot through this topic, what is the purpose of the acquisition of household appliances? If you're just a simple size bigger, so I tell you, your next step is very difficult, most recently, IBM in recent years, acquired many companies, and our attention, and he acquired and software companies are basically middleware on, and it gave up a lot of companies, including computer manufacturers do not, and to whom? Comrade Liu given, why did he do that? Give you a word, but 6 +1 consolidation, the acquisition is that they are basically in line with the nature of their industry sectors. OK? Nature of the industry is my most recent research a new topic, and today we have not talked about, since you asked, I give you a few minutes to talk about our past management education is not successful, but extremely bias, we focus on management education in the past it? Focus on the financial, technical, personnel, management and so on. Right now, for example, how to finance, financial management, and the second, product upgrading technology upgrades, and the third, training, human resources management, the fourth, a variety of management. The four persons is a necessary factor of business survival. You can not do without, a business can not be without money, can not be without technology, can not be without talent, can not have a management model, but by 2008, today, I give you a suggestion that we have on the management neglect of education is that we focus only on these four, called a necessary condition for business success. Our entrepreneurs generally lack sufficient condition for business success. What is a sufficient condition for business success? That is nature of the industry.
a business to succeed, we must grasp the nature of the industry, what is the nature of the industry? Industry life you do, go back think about your whole life to do is the essence of his industry? I put the appliance in your case, what is the nature of white appliances? Haier is definitely not the same as the acquisition, you look beautiful, and he must do better to meet the nature of the industry, while the nature of the white goods industry, is like this. First, you need to have a very high price, including gram we are familiar with the microwave oven. Second, to the absolute professional. Beginning can only produce a product. Third, wait for you cost-effective professional success, you can engage in progressive diversification of this idea if you do not go down, it is hard to do successfully, and this trilogy is the nature of the white goods industry.
What is the nature of mobile phones? All of you how many people you use China-made mobile phone? Domestic mobile phone? Please raise your hand-made mobile phone, only 2-3. Xiao you do not know, there are 3,000 models of domestic brands? And most of you are together with the foreign brands together all the brands that only 300 models. Do not have a 3000 model for you? Not a you like it? Would not you? Why Chinese companies fail to do almost all mobile phones? Is it capital, technology, human resources, management did not you? Would not you? How hard do you say mobile phone? Very simple technology. What you this assembly process difficult? Why do not you? Capital, technology, personnel, management, I tell you, everyone. Do you know what you missing? China mobile phone manufacturing plant so much to lack of a sufficient condition. Not sure that is the nature of the mobile phone industry.
This is what I gave him the diagnosis, so the factory for mobile phone, the one you buy today, and what technology upgrades ah, do not use, not to say there is no direct use, but it all is a sufficient condition in the industry under the guidance of nature, you do these four, capital, technology, personnel, management models have value, otherwise, you will perish in a paragraph to the 3000. Why do you think about your mobile phone use abroad, because the foreign nature of mobile phones are in line with the industry, otherwise not survive. What is the nature of his? His nature is called fitness. What is fitness? Will you listen?
Chinese entrepreneurs we have a fallacy of thinking, always looking for potential trades, then you may want to ask me, Lang, Professor of our entrepreneurs to find potential trades that wrong it? Are we going to find there is no potential for industry? Well, I answer you so, you have come to listen to my class, I ask you, from now on give me a search for potential trades, the more potential for more not to do, the impact of thinking, why do I say? I have to phone, for example, knows you do not know, paragraph three thousand mostly middle and low mobile phone, you know? Including TCL, I give you a data, high-end mobile phone market share was 18%, 68% of mid-range mobile phones, 14% of low-end mobile phone, that accounted for the low-end mid-range with 82% market share. The high-end mobile phones accounted for only 18%, if all of you entrepreneurs, all of us out of ten thousand each of us carry out his joint venture company, production of mobile phone, I ask you, if your thinking is from the total potential cut into the market, you find the most potential market, what you will produce mobile phones. Yes, you will produce medium and low cell phone, because it accounts for 82% of the market, comrades, far enough? As long as the inertia of thinking you find using this potential market, you must invest with middle and low mobile phones, the inevitable result is that you are a thousand models of mobile phones, people do not, people do not, it's that simple!