Without China Vigorously Promoting The Emerging "Potential Stocks" Can Not Play.

This year, the stock market in China and India rose by an average of 40%, while the average stock market in Russia and Brazil fell by 4.2%.

In fact, China's economic slowdown has been verified in the past two years, and China is the main driving force behind the "high growth myth" of BRICs.

In 2001, O'neal, a Goldman economist, first called Brazil, Russia, India and China "Jim" (BRIC). (O'Neill)

Over the next ten years, "

"The growth of high growth does make investors and businesses profitable.

But last year, China's GDP grew by 7.7% over the past year, the lowest level in 14 years, probably only around 7.5% this year, and will be further low. Next year, the official growth target may also be reduced to about 7%.

China's economic growth has slowed down, and investment growth has also entered a bottleneck period. The demand for raw materials, heavy machinery and equipment and energy has dropped correspondingly.

This year, almost all prices of global commodities have declined except coffee.

Countries such as Brazil and Russia, which rely on exports of commodities, are deeply affected.

Brazil

Since 2011, it has continued to decline, with an average annual growth rate of less than 2%.

Prior to the Wall Street article, the Brazil stock market index of St Paul entered a bear market this month and fell to its lowest level in five years.

Russia imposed severe economic sanctions on the west this year after financing constraints, capital flight and currency devaluation. In November this year, GDP growth fell by 0.5%, the first time in five years, economic growth has shrunk, facing the crisis of economic recession.

According to the report, the most obvious impact of China's sustained economic growth is reflected in the energy sector.

Because demand growth rate is not as fast as expected, the developed projects are unable to terminate the supply. Saudi Arabia led OPEC has decided not to cut production, and international oil prices have been under continuous pressure, which has dropped by nearly 50% in the second half of this year.

Venezuela, Russia and Iran will continue to suffer losses.

Other commodities are also victims.

Moreover, developed countries such as Australia and Canada, which focus on the development of energy industry, have not been spared.

This month's Wall Street article said that from the beginning of the year to the beginning of December, the price of iron ore fell by nearly 50% this year, and the export trade income of Australia, the main ore exporter, declined significantly.

The median forecast for Bloomberg economists shows that in the 12 months to June next year, Australia's

It will expand to 37 billion Australian dollars, far exceeding the 29 billion 800 million Australian dollar deficit forecast by the government in May this year.

In addition to energy producing countries, international enterprises that have benefited from China's large infrastructure and overinvestment have also faced challenges.

In the middle of this year, the Wall Street article noted that due to the cooling of China's real estate market, sales of global construction machinery giant Caterpillar in Asia Pacific region fell by 30% in the month of March -5.

The Wall Street Journal reported that by the end of last year, the number of employees in Caterpillar Asia has increased from 7499 in 2007 to 25 thousand and 670.

It is not easy for such companies to change the growth mode driven by China.