What do you think about the current skyrocketing prices in China?

There are several main reasons for the rise in prices, which also make it difficult to raise wages. 1. Rising food prices (many experts believe that the cause of this problem is insufficient domestic support for agricultural products, which has led to low enthusiasm of farmers, resulting in a significant reduction in food resource production. However, the latest United Nations resource report shows that, leading to The culprit of this global food crisis is the United States. According to data, the bioenergy plan vigorously developed by the United States has increased the global food consumption rate by 70%, resulting in a significant reduction in international food reserves, thus causing food prices to continue to run at a rapid and high level, instead of What it says is that China and India have too many people and consume too much food. Of course, the United States will not recognize this report of the United Nations) 2. Rising raw material prices (this problem is indeed related to international resource speculators and international resource monopolies) Related to the annexation behavior of foreign iron ore giants in the early stage, they forcibly increased the price by 70%, which directly drove up the operating costs of domestic enterprises and indirectly led to the rapid increase in the price of upstream processing raw materials. This is just one example) 3. Investment Accelerating demand (this issue was the focus of the government's macroeconomic adjustment in the early stage, and it has been slowing down recently) 4. Rising prices of primary products 5. Extraordinary growth in credit (this kind of lending behavior by credit institutions has been affected by the government in a short period of time) Macro air-conditioning control) 6. The rise in enterprise costs (this problem is mainly due to the substantial increase in upstream costs transferred to downstream enterprises, resulting in significantly high costs, resulting in operational difficulties. The latest data shows that there are nearly 70,000 enterprises Small and medium-sized enterprises went bankrupt in this crisis) In the short term, prices will still remain at a high level and there will be an increase in overall inflationary pressure, which will risk causing the economy to decline too fast, so it is difficult to control the intensity of regulation. In the past five years, the economic growth rate has exceeded 10%, which has put great pressure on rising prices. However, the current prices have both endogenous and exogenous factors. At present, China has seen significant increases in many fields, from investment to industrial products to consumer goods. In the short term, prices are facing the possibility of transforming from structural inflation to comprehensive inflation. We are at this turning point now. Although the rising trend of food prices has been relatively clearly controlled, the upward pressure on prices in the second half of this year is still relatively large. The main reason is that the price hike factor in the first half of the year has caused the price increase to be above 5. The increase in the second half of the year may be relatively lower. . However, considering that exports are affected by the U.S. subprime mortgage crisis, there may be a surplus of domestic products, so the economy may still have deflationary pressures in the future. From the current point of view, the next step of control needs to be grasped, and the short-term adjustment pace is not sufficient. It can be too fast, but multiple control measures cannot be introduced too harshly. The issue of wages has come to the forefront again. The operating costs of enterprises have increased significantly, and wages have also increased, which will put greater operating pressure on enterprises, making it even more difficult to raise wages. The above are purely personal opinions, please adopt them with caution, and I wish you good luck. friend!