Gree Electric: Gree car air conditioning has been widely used in new energy buses, new energy high-end smart rail vehicles, logistics vehicles, refrigerated trucks, RVs, truck parking and other scenar

  () Financial Research Center on February 25th, some investors asked (), Hello, Secretary-General, Gree needs to actively pay attention to the changes in the capital market, and timely communicate and reply to the questions of small and medium investors. Second, is Gree’s air conditioner used in cars? And the air-conditioning market of automobiles is very large, and it is entirely possible to build a second Gree Electric.

  The company replied, Hello, Gree car air-conditioning has been widely used in new energy buses, new energy high-end smart rail vehicles, logistics vehicles, refrigerated trucks, RVs, truck parking and other scenarios. Thanks for your attention!

Extreme Yue 07 battery life surprised the audience, and the real performance exceeded expectations.

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In the electric vehicle market, endurance has always been one of the most concerned topics for consumers. Recently, the endurance test has caused a heated discussion, and many people are full of curiosity about the performance of this car. So, how far can Extreme Leap 07 run? Today, I will take you to know more about it.

First of all, let’s take a look at the basic information of Extreme Yue 07. This car is not only fashionable in appearance and luxurious in interior, but more importantly, it is equipped with a high-efficiency power system. Is the endurance that car owners and potential buyers care most about reliable? This endurance test will give us the answer.

In the actual test, we chose urban, high-speed and mixed road conditions to simulate the daily driving situation as much as possible. In order to ensure the fairness of the test, we conducted several tests under different weather conditions and collected various data.

At the beginning of the test, the power of the polar battery 07 showed 100%. When driving on urban roads, the energy consumption of vehicles is excellent. Even if the traffic signal changes frequently, the power consumption of the car is still well controlled. According to the test results, the cruising range of Extreme Yue 07 is still within the expected range after the congested road section in the peak period.

Then, we drove the vehicle to the high speed and started the long-distance endurance test. In high-speed driving, the battery consumption increases correspondingly because of the faster speed. But to our surprise, at the speed of 120 km/h, the endurance performance of Extreme Yue 07 is still relatively stable. Without stopping, after running for nearly 300 kilometers, the power is still reserved. This is a surprise for many car owners who need to travel long distances.

Next, we returned to the city with Extreme Yue 07 for the final test. In the actual driving in the urban rush hour, the flexibility and endurance of the vehicle make us feel the superiority of the 07. Through the rational use of regenerative braking technology, the vehicle can effectively recover some energy and further extend the cruising range.

It is worth mentioning that the intelligent driving assistance system equipped with the Extreme Yue 07 also helps us to control the vehicle more easily in the complex traffic environment. This not only improves the driving experience, but also reduces the waste of electricity to some extent.

After a whole day of testing, the final result is exciting. The actual endurance performance of Extreme Yue 07 in different scenes far exceeded our expectations, with a total cruising range of nearly 600 kilometers! This performance is enough to meet the daily needs of most families, whether it is commuting in the city or go on road trip on weekends.

Of course, only relying on endurance, Extreme Yue 07 does not stop there. It has also performed quite well in driving comfort, interior design and technology configuration. Through this endurance test, we not only verified the battery performance of the Extreme Yue 07, but also saw the overall driving experience it provided to consumers.

To sum up, the endurance of Extreme Yue 07 is really impressive, and it can bring you confidence whether you are roaming in the city or traveling long distances. If you are considering buying a new energy vehicle, you may wish to include the Extreme Yue 07 in your shopping list.

I hope this tweet can help you, and I hope everyone can actively participate in the discussion and share your opinions. What do you think about the endurance of Extreme Yue 07? Welcome to leave a message in the comment area and chat together!

Does the United States and Israel’s allies "cooperate with performances" to suppress the rising risk of military conflict in Iran?

  CCTV News:In his speech on the 8th, US President Trump specifically mentioned the so-called evidence about Iran’s secret nuclear weapons program released by Israel a week ago. The Israeli move can be described as an "assist" for the United States to withdraw from the Iranian nuclear deal. Why should Israel join hands with the United States to put pressure on the Iranian nuclear issue? Will the deteriorating relationship between Israel and Iran lead to a bigger conflict?

  Israeli Prime Minister Benjamin NetanyahuTonight we will show the latest and conclusive evidence about Iran’s secret nuclear weapons program. Iran has been hiding this plan from the international community for many years. In this secret nuclear file, we will show you Iran’s secret nuclear documents. "

  This is a televised speech delivered by Israeli Prime Minister Benjamin Netanyahu in the Ministry of National Defense on the evening of April 30th local time. In his speech, Netanyahu showed the so-called Iranian secret plan to develop nuclear weapons recently obtained by Israeli intelligence agencies, and based on this, he believed that the Iranian nuclear deal was born out of lies. In the statement that the United States withdrew from the Iranian nuclear deal, Trump specifically mentioned the so-called "evidence" provided by the Israelis. However, in the eyes of many experts, this seems to be more like a diplomatic "cooperation performance" between the United States and Israel.

  Efron, President of Jerusalem Institute for Strategic Studies"Obviously, the United States is not surprised by Netanyahu’s televised speech. They must have known it beforehand."

  Dissatisfied with the Iranian nuclear deal and the United States to jointly suppress Iran

  In fact, since Iran and the Iranian nuclear issue reached a historic comprehensive agreement in 2015, Israel has expressed strong dissatisfaction. Netanyahu called this a "shocking historical mistake", which once caused a rift between him and the Obama administration. However, with Trump’s coming to power, the attitude of the United States on the Iranian nuclear issue has reversed; In addition, in recent years, Iran has become more and more involved in hot issues in Syria, Yemen and other regions, which has made Israel sit on pins and needles and lobbied the United States to suppress Iran through the Iranian nuclear issue, which has become the common interest choice of the United States and Israel.

  Efron, President of Jerusalem Institute for Strategic Studies: "Israel is very concerned about Iran’s actions in regional affairs, not only in Syria, but also in Yemen, Lebanon, Iraq, etc. We have seen Iran’s ‘ Strong ’ . This has something to do with the Iranian nuclear deal, because the agreement stopped many sanctions, which actually benefited Iran a lot. The Middle East countries generally believe that Iran can still continue its nuclear program after the Iranian nuclear deal expires. "

  The Iranian nuclear deal’s bankruptcy will aggravate regional tensions.

  At present, the Iranian nuclear deal is already teetering. Some people worry that once the agreement goes bankrupt, Iran will restart its nuclear program, which will further increase the risk of military conflict in the Middle East.

Do you choose AT gearbox or dual clutch gearbox to buy a car? Learn more about it.

Today, let’s take a look AT the AT gearbox and the dual clutch gearbox, which one should we choose? Please see next.

AT gearbox:Variable speed is realized by hydraulic torque converter and planetary gear set. Hydraulic torque converter uses liquid to transmit power, which can cushion the power impact of the engine; Planetary gear sets realize different transmission ratios according to different combinations.

dualclutchtransmissionThe odd and even gears are controlled by two clutches, which is equivalent to integrating two sets of manual gearboxes. When shifting gears, prepare the next gear in advance to realize fast shifting.

Shift speed: the shift speed of dual clutch gearbox is extremely fast, usually only about 0.2 seconds, while AT gearbox is relatively slow.

Transmission efficiency: the transmission efficiency of dual-clutch gearbox is high, and the power loss is small, which can generally reach about 85%-90%; The transmission efficiency of AT gearbox is relatively low, about 70%-85%.

Driving experience: the dual-clutch gearbox is more direct and neat when shifting gears, which can bring better driving pleasure, but it may have a sense of frustration when driving at low speed; The shift of AT gearbox is relatively smooth and comfortable, but the dynamic response may not be as direct as that of dual clutch gearbox.

Structural complexity: AT gearbox has a complex structure, including hydraulic torque converter, planetary gear set and other components; The structure of dual clutch gearbox is relatively simple, similar to manual gearbox.

Cost: Generally speaking, the manufacturing cost of AT gearbox is high, especially the high-end AT gearbox; The cost of dual clutch gearbox is relatively low, especially dry dual clutch.

Good ride comfort: the existence of hydraulic torque converter makes the shift process softer, the shift feeling is obvious and the driving comfort is high.

Large torque bearing: able to bear large engine torque output, suitable for all types of vehicles, including high performance and large vehicles.

Mature technology: it has a long history of development, relatively mature and stable technology, high reliability and low failure rate.

Simple operation: the driver only needs to control the throttle and brake, and there is no need to manually shift gears, so the operation is simple and easy.

Disadvantages:

Low transmission efficiency: power will be lost in the transmission process, resulting in relatively poor fuel economy.

Complicated structure: The complicated structure makes AT gearbox bulky, heavy and costly to manufacture.

Slow shift speed: compared with the dual clutch gearbox, the shift speed is not fast enough, which affects the dynamic response and acceleration performance of the vehicle to some extent.

High fuel consumption: Due to the low transmission efficiency and its own structural characteristics, the fuel consumption of AT gearbox vehicles is relatively high.

Fast shift speed: it can complete the shift operation in a very short time, and the power interruption time is short, which can provide better acceleration performance and driving experience.

High transmission efficiency: direct power transmission reduces energy loss and improves fuel economy, especially at high speed.

Simple structure: Compared with AT gearbox, it is relatively simple in structure, small in size and light in weight, and easy to install and arrange on vehicles.

Low cost: the manufacturing cost is relatively low, which helps to reduce the price of the whole vehicle.

Disadvantages:

Low-speed setback: Under low-speed driving, frequent start-stop or congested road conditions, there may be setbacks, which will affect driving comfort.

Reliability problem: There were some reliability problems in the early dual-clutch gearbox, such as clutch overheating and wear, but with the continuous improvement of technology, the reliability has been greatly improved.

High heat dissipation requirements: especially for dry dual-clutch gearbox, because there is no oil immersion to dissipate heat, long-term intense driving or frequent gear shifting will easily lead to overheating, which will affect performance and life. The wet dual-clutch gearbox dissipates heat through oil, which is relatively good, but the cost is high.

High maintenance cost: The clutch plates and other parts of the dual-clutch gearbox are vulnerable parts, which may need to be replaced after a certain mileage, which increases the maintenance cost.

So, friends, which gearbox do you prefer?

Dali tiggo 9 C-DM is on sale! The highest discount is 0.6 million. If you miss it, you won’t have it.

[car home Dali Preferential Promotion Channel] Recently, the preferential activities in Dali are in full swing, with the highest preferential margin reaching 6,000 yuan. The adjusted minimum starting price is 159,900 yuan, which provides consumers with more affordable choices. If you are interested in this model, you may wish to click "Check the car price" in the quotation form to get a higher discount.

大理瑞虎9

Tiggo 9 C-DM’s design is fashionable and futuristic. The front face adopts family-style design language, with atmospheric air intake grille, showing a strong sporty atmosphere. The overall style is simple and powerful, showing a unique aesthetic feeling.

大理瑞虎9

The tiggo 9 C-DM has a body size of 4820*1930*1712mm, a wheelbase of 2820mm, a front tread of 1638mm and a rear tread of 1641mm, showing spacious space and comfortable riding experience. The side lines of the car are smooth and powerful, with 245/50 R20 tires and unique rim design, which further enhances the sense of movement and fashion of the car.

大理瑞虎9

The interior of Tiggo 9 C-DM adopts a simple and fashionable design style, giving people a comfortable and exquisite feeling. The steering wheel is made of leather material, which feels delicate and supports manual adjustment up and down and back and forth to meet the individual needs of different drivers. The center console is equipped with a 12.3-inch high-definition touch screen, which supports multimedia system, navigation, telephone, air conditioning and voice recognition control system of skylight, and is easy to operate. The front row and the back row are equipped with two USB and Type-C interfaces, which is convenient for passengers to charge electronic equipment. The front row is also equipped with wireless charging function, which facilitates the charging of mobile phones. The seat is made of imitation leather, and the main driver’s seat supports front and rear adjustment, backrest adjustment and height adjustment, providing excellent comfort and support. The co-pilot seat also supports front and rear and backrest adjustment, providing passengers with a comfortable riding experience. The second row of seats also supports backrest adjustment, which increases the flexibility of riding. The rear seats are laid down in proportion, which can flexibly adjust the space layout according to the needs. The front seats are also equipped with heating function, which provides a warm ride experience for cold weather.

大理瑞虎9

The Tiggo 9 C-DM is equipped with a 1.5T turbocharged engine with a maximum power of 115kW and a maximum torque of 220 N m.. This 1.5T engine adopts L4 layout, which is matched with a 3-speed DHT gearbox, providing excellent acceleration performance and smooth shifting experience.

Car home car owners are full of praise for the design of the Tiggo 9 C-DM. He mentioned: "The design has great visual impact and recognition, and the large mouth grille and blackened headlights add a sense of power and mystery to the front face. The body lines are smooth, and the suspended roof and hidden door handles highlight the dynamics and fashion. "

Can you cure diseases and prolong life? Skyworth’s founder’s health product marketing reignites controversy

China Consumer News reports(ReporterWu Bofeng) "Since I started my business, I have been suffering from sub-health problems for a long time. However, since I set foot in the field of new energy vehicles, I took an hour’s nap in Skyworth’s car at noon every day, and all the sub-health problems almost disappeared…" A few days ago, at the 20th Summer Annual Meeting of Yabuli Entrepreneurs in 2024 (Hereinafter referred to as the Summer Annual MeetingThe remarks made by Huang Hongsheng, founder of Skyworth Group and founder of Kaiwo New Energy Automobile Group, have aroused widespread debate.

This is not the first time Huang Hongsheng has publicly promoted the health benefits of Skyworth cars. Earlier, he claimed that the life of Skyworth cars has been extended by 30 years, and every owner can enjoy a 100-year life. During this year’s Beijing Auto Show, he said that Skyworth electric vehicles can relieve high blood pressure, improve immunity and eliminate habitual diarrhea. Skyworth once issued an "Instructions on False Comments on the Internet" on its official Weibo, saying that "the information transmitted on the Internet is taken out of context, maliciously pieced together, seriously misleading the public, and does not match the health technology that the company has always advocated, and does not match the content publicly shared by founder Huang Hongsheng."

In a short period of time, Skyworth’s repeated marketing around the topic of "health" has attracted much attention from all parties in the market.

Beijing’s only distributor office is deserted and suspected.

Skyworth Automobile is a brand-new new energy vehicle brand, backed by Kaiwo Group, dedicated to creating a new generation of intelligent, environmentally friendly and technological new energy vehicle products.

A few days ago, a reporter from China Consumer News called the Skyworth Automotive Client Server hotline to inquire about the relevant "health" function information. The other party said that "the relevant content is not very clear, please consult the local dealer for details". Subsequently, the reporter found in the dealer information of Skyworth Automotive’s official website that there is one Skyworth automobile dealer and two service providers in Beijing, of which Beijing Game Star Automotive Sales and Service Co., Ltd. is the only dealer of Skyworth Automotive in Beijing.

At 4 PM on September 4, the reporter went to Beijing Game Star Auto Sales and Service Co., Ltd., located in the Beichen Asian Games Village Auto Trading Market in Dongsanqi, Changping District, Beijing, and saw that during business hours on weekdays, the store was empty, all the lights in the store were turned off, and only a car-clothed exhibition car was alone in the exhibition hall, in sharp contrast to the busy scene of surrounding car dealers and used car sellers.

Skyworth’s only dealership in Beijing was empty during business hours.Wu Bofeng/photo

The reporter saw in the store that there were several Skyworth EV6 color page information and a sales consultant’s business card on the table, but no other information was displayed. The reporter immediately called the sales consultant and got a reply that "the number is empty".

A nearby merchant told reporters that due to the average operation of the store, the company is basically deserted after noon every day, and it is normal not to open the door all day.

On September 5, the reporter reported the situation to Skyworth Automotive customer service. The other party said that the dealer was applying for a refund. It was recommended that the reporter contact the Tianjin Longxiang Skyworth Experience Center, which is closest to Beijing.

The 10,000 yuan health optional package only has monitoring function.

A salesperson at the Skyworth Experience Center in Longxiang, Tianjin, told reporters: "The boss pays more attention to the concept of car-family integration, so health and wellness are one of the characteristics of our products, and using the vehicle will help human health." According to its introduction, Skyworth Automobile has just launched a health 3.0 optional package, including car health cushions, sleeping pillows and cameras to monitor people’s heart rate. The cost price is about 10,000 yuan. "If you want higher health quality in the car, you can choose to buy this optional package, which can be carried on all Skyworth vehicles," the salesperson said.

The so-called health 3.0 optional package is actually a health monitoring system that can monitor sleep, blood oxygen, heart rate and other multi-dimensional health indicators. Installing tools to monitor life and health indicators on cars is not a professional medical apparatus. It only has monitoring functions and cannot achieve therapeutic effects. According to reports, the system can carry out health warnings by comparing the data collected daily with the collected database. Abnormal data indicates that there is a problem with the body. If there is a serious abnormality or the body is really unwell, you can call an online doctor or an emergency doctor through the car phone.

During the interview, the reporter repeatedly asked Skyworth Automobile and its dealers whether there was any evidence and scientific test basis. All parties of Skyworth Automobile responded to the question on the grounds of "personal feelings".

"Health preservation" is a selling point that misleads consumption and costs a lot.

It is understood that the predecessor of Skyworth Automobile was named Tianmei Automobile, and later obtained the trademark of Skyworth Automobile from Skyworth Group and began to enter the public eye. However, the overall sales of Skyworth Automobile are not ideal, with an average monthly sales of about 1,000 vehicles since 2023. In the crash test results released by China Automotive Evaluation, one Skyworth model only received a one-star rating, out of five stars. Scores in occupant protection and active safety were completely unqualified, and in side column collisions and multiple active safety tests, it scored zero points.

Leaving aside the product aspect, there is a view that even if the statement of the founder of Skyworth Automobile has not been verified, it is only a verbal statement, and there is no need to bear any legal responsibility for it. But is this really the case?

In an interview with China Consumer News, lawyer Zhao Lijie of Beijing Yinghe Law Firm pointed out that the "Anti-Unfair Competition Law" stipulates that "business operators shall not make false or misleading commercial propaganda about the performance, function, quality, sales status, user evaluation, and honor of their products, and deceive or mislead consumers."; the "Consumer Rights Protection Law" stipulates that "business operators provide consumers with information about the quality, performance, use, and validity period of goods or services, which shall be true and comprehensive, and shall not make false or misleading propaganda."

Zhao Lijie also said that when companies promote such functions related to health improvement, they must ensure that the functions they advertise are supported by reliable scientific evidence and actual results, so as to avoid causing legal and trust crises due to exaggerated false claims.

Breeding of captive giant pandas in China has entered its peak this year.

  Xinhua News Agency, Chengdu, April 6 (Reporter Yu Li, Feng Changyong) The reporter learned from the China Giant Panda Conservation and Research Center, which has the largest captive giant panda population in the world, that the center has completed nearly half of the breeding and breeding tasks of captive giant pandas this year, and the giant panda breeding has entered a peak period.

  By the end of 2015, the number of captive giant pandas in the center had reached 218. Zhang Guiquan, director of Ya ‘an Base of China Giant Panda Conservation and Research Center, said that this year, 26 female pandas and 19 male pandas participated in the national captive giant panda breeding program. Since the first female panda was bred in late February, as of April 6, 10 female pandas have been bred. Among them, 6 were bred by natural mating, the other 2 were bred by natural mating with artificial insemination, and the remaining 2 were completely artificially inseminated.

  "So far, this year’s breeding work has been completed well. The biggest feature is that the natural mating rate is relatively high, and the pregnancy rate of female pandas that have successfully mated naturally is over 90%, which is a good momentum for this year’s breeding work." Zhang Guiquan said.

  "Under the current captive conditions, the number of male giant pandas with natural mating ability is very rare, accounting for less than 5% of the population. This year, the center belongs to the 7-year-old male giant panda ‘ An An ’ The first successful natural mating at Ya ‘an base on February 29th marks the addition of a male animal with natural mating ability to the captive giant panda population, which also shows that the quality of our captive giant panda population is constantly improving. " Zhang Guiquan said.

  According to reports, at present, the artificial breeding of captive giant pandas in China is included in the unified planning, and the optimal pairing is carried out according to the principle of eugenics, so as to ensure the genetic diversity of the population to the greatest extent. There are 56 female pandas participating in the breeding program this year, and more than one third of them are from the China Research Center for the Protection of Giant Pandas.

  There are three major problems in the development of captive giant panda population: difficulty in estrus, difficulty in mating and conception, and difficulty in survival of cubs. According to zhangxin, the breeder of the center, giant pandas are in estrus every spring. With the increase of temperature, their hormone level, estrus behavior and mating desire will decrease from May, which will affect the mating quality. Therefore, March and April are the prime time for giant pandas to breed. In order to ensure that female pandas are pregnant, some will also receive artificial insemination as appropriate after natural mating.

  In recent years, the artificial breeding of giant pandas in the center has been carried out at Bifengxia base in Ya ‘an. The reporter saw at the base on the 6th that the staff was preparing to breed the 7-year-old female panda "Jojo". Because Jojo’s estrus behavior was not typical enough, she was not allowed to mate naturally. In this regard, Zhang Guiquan said that this is a normal situation.

  It is reported that female giant pandas not only have a short estrus time, but also need to mate with each other to be successful. If there is no electricity between pandas, mating may fail even during estrus. In addition, even if natural mating is successful, it is very difficult for female giant pandas to finally give birth to panda babies — — Their eggs can only survive for 36 to 40 hours. Even with breeding, only 30% to 40% of female giant pandas can get pregnant successfully, while the survival rate of their cubs is less than 40%.

Biden’s "big water injection" to the world, 1.9 trillion has just passed, 2.3 trillion has come again, and there is another 2 trillion on the road!

  Biden can’t stop, and the world has to guard against it!

  In order to boost the economy and compete with China, Biden has worked hard. No, not long after the $1.9 trillion COVID-19 bailout bill was passed, he wanted to build large-scale infrastructure, and it was $2.3 trillion at first.

  However, the United States, the world’s largest "landlord", has no surplus food. Such a large sum of money can only be taken from the rich and enterprises in the United States, but how can the rich allow the new president to "operate on them"?

  On April 1st, McConnell, the minority leader of the US Senate and a Republican, released malicious words to lead the Republican Party to fight to the end.

  On April 1st, McConnell was interviewed by the media in Kentucky. Source: dailymail

  But Biden has made up his mind and hopes that Congress will approve this $2.3 trillion infrastructure plan this summer. However, even if the cakes of the rich and enterprises are moved, this huge sum of money is still not enough.

  Where did the rest of the money come from? More importantly, is this plan a revival or a trap for the United States and the world?

  Want to bully the bow again?

  After Biden announced his ambitious infrastructure plan, US stocks soared, and the S&P 500 index broke through the 4000 mark for the first time in history with the help of technology stocks.

  But not everyone welcomes this new plan.

  "Personally, I like Biden. I mean, we were friends for a long time." But this does not affect McConnell’s position on the infrastructure plan. After comparing Biden’s infrastructure plan to a "Trojan horse" with a hidden crisis, McConnell again rejected the new proposal of "old friends" on April 1. He said that the government did not get the authorization of voters, and then increased taxes on enterprises and the rich with annual incomes exceeding $400,000.

  "My view on infrastructure is that we should build affordable infrastructure, instead of hitting the economy by substantially increasing taxes and not increasing the burden of national debt." McConnell said.

  "There are huge differences between us, which makes it more and more difficult for us to reach a consensus." He said that Biden’s infrastructure plan will not be supported by any Republican senator. This means that if Biden wants to push the plan through, he must ensure that the Democratic senators are United enough and do not run for one vote.

  Is it so yellow? Xu Mingqi, a distinguished researcher at Shanghai Institute of International Finance and Economics and vice chairman of Shanghai International Economic Exchange Center, believes that it is still possible for the Democratic Party to push the $2.3 trillion infrastructure plan through.

  According to American media reports, it seems that the Democratic Party does not intend to bite the hard bone of the Republican Party. Instead, it plans to stage the scene of pushing the $1.9 trillion bailout bill again, start the legislative process of "budget coordination", bypass the Republican Party, and pass legislation by a simple majority.

  Where did so much money come from?

  Biden and the Democratic Party, who are eager to get the $2.3 trillion infrastructure plan approved this summer, have started the "I don’t listen, I don’t listen, I don’t listen" mode.

  However, in addition to the Republican Party, there are also public opinions from all walks of life who question Biden.

Most Americans think that investing in infrastructure is right, but there are many disputes about the source and destination of funds. Source: GJ

  Where the money comes from is a serious problem.

  The Wall Street Journal shouted "Biden tax is coming". Although Biden did not specify whether the "annual income exceeding $400,000" was aimed at individuals or families, the commentary said that "the middle class in the United States will bear the largest tax increase since 1968".

  Biden tax is coming. Source: wsj webpage screenshot

  For American companies that have enjoyed the "welfare" of large-scale tax reduction since 2017, it is even more unacceptable to increase the federal corporate income tax rate from 21% to 28%, increase the minimum tax rate of overseas profits of American companies from 10.5% to 21%, and reduce the tax breaks enjoyed by fossil energy companies.

  However, the tax increase is not enough to offset Biden’s self-proclaimed "unparalleled in the world" and "once in a generation" infrastructure costs. According to the calculation of Schneider, an analyst at Cornerstone Macro Consulting, the infrastructure plan will also lead to a cumulative increase of about 500 billion US dollars in the US fiscal deficit.

  The federal government’s fiscal deficit, which has soared year after year, makes people worry about the risk of subprime mortgage crisis.

  As long as "trillion" can recover?

  "How did Biden become a president with a dollar sign ($)?" A commentary on the American political news network wrote, "But when all the money is spent, will anyone really feel the change?" Both the author of this article and the British newspaper The Guardian believe that Biden’s infrastructure plan may, in the end, be like the economic stimulus policy during the Obama administration. At first, he made lofty words with great ambition, but in the end, he "didn’t leave too many traces".

  Of course, "change" will still happen, but it may not be the kind that Biden and Democrats want.

  The American media pointed out that Biden’s new plan seems to create millions of jobs for the United States, but the substantially increased corporate tax rate will force enterprises to pass on costs.

  At the same time, Americans themselves are not sure about the stimulus effect of infrastructure projects on the economy. Willcocks, who once led the domestic economic department of the Federal Reserve and served as a senior adviser to the chairman of the Federal Reserve, said that paying for infrastructure costs by "robbing the rich" would "greatly reduce the economic growth potential". Some economists believe that economic recovery in the post-epidemic era is a long process, and artificially stimulating the economy may lead to overheating, trigger a new round of inflation, and make consumer goods prices rise, the yield of long-term US government bonds rise, and even financial turmoil. In the end, ordinary Americans will be forced to pay for all the consequences.

  Faced with these concerns, the Federal Reserve said that the government would effectively control the price increase, but former US Treasury Secretary Summers expressed doubts. In an interview with Bloomberg, he said that the hyperinflation experienced by the United States in the 1970s is no different.

  Former us treasury secretary summers. Source: businessinsider

  As for the impact of Biden’s "drastic measures" on the global economy after the $1.9 trillion rescue bill, Xu Mingqi said that due to the demand for infrastructure raw materials in the United States, it may play a certain role in pulling the global economy and promoting China’s export of related raw materials to the United States.

  However, it is worth noting that inflation in the United States has started and negative economic effects have emerged, which will bring significant spillover effects and have a negative impact on the global economy.

  Georgieva, managing director of the International Monetary Fund, recently warned that the accelerated economic recovery in the United States may lead to a rapid increase in interest rates, which will lead to a sharp tightening of the global financing environment and a large amount of international capital flowing out of emerging and developing economies. This will especially bring serious challenges to middle-income countries with huge external financing needs and high debt levels.

  And global price increases will also be inevitable. The rising prices of oil, steel, nonferrous metals and other commodities will be transmitted to the downstream, which will lead to the general increase of household appliances and construction machinery, and the pressure of imported inflation faced by some economies will also increase.

  This is not all. According to the US Political News Network, a $2 trillion money-throwing plan focusing on education and medical care is still on the way. Even so, some Democrats are still disgusted that the scale of money-throwing is not large enough.

  Rep PraMilla Jayapal, a Democrat, thinks that the scale of the infrastructure plan should be even larger. Source: wsj

  It seems that Biden can’t stop and the world has to guard against it.