盗墓笔记
雷军接受彭博社采访:小米正在进军欧洲手机市场,5G将提振需求_我的网站

一 | 明米集团创始人雷军周四在接受彭博社采访时表示,下一代5G网络的到来有望刺激该公司对智能手机的需求。他也忽视了小米库存的抛售。仅在过去三个交易日,小米的市值就蒸发了60亿美元。雷军在接受采访时表示,公司目前的重点是向高端市场进军,同时向欧洲扩张,并停止进入美国市场。

Container ships, gantry cranes and container yards are seen at the HHLA Container Terminal Burchardkai and the EUROGATE Container Terminal in Hamburg, Germany, on August 5, 2026. Photo: VCG
German exports to China fell year-on-year in the first half of 2026, pointing to a deeper restructuring of bilateral trade as China moves up the manufacturing value chain, Chinese analysts said. They also cautioned that the decline should not be read as diminishing China's importance to German businesses, given the deep economic ties and the continued benefits of cooperation for both sides.
Germany's first-half exports to China fell by more than 12 percent year-on-year to just under 37 billion euros ($43 billion), while imports from China rose 8.9 percent to 91.8 billion euros, according to data from Germany Trade & Invest (GTAI) cited by Reuters on Sunday. Germany's trade deficit with China widened to about 55 billion euros from 40 billion euros a year earlier, the report said.
Reuters cited Corinne Abele, GTAI's East Asia expert, as pointing to weaker domestic demand and the fact that German companies are increasingly producing inside China.
Commerzbank economist Vincent Stamer said that China's diminishing reliance on Germany showed that the country is becoming more independent of Western powers and catching up technologically, according to Reuters.
China has continued to strengthen its capabilities in sectors including new-energy vehicles, artificial intelligence and advanced manufacturing, enabling more products and technologies that previously depended on imports to be supplied domestically, Zhao Junjie, a senior research fellow at the Institute of European Studies at the Chinese Academy of Social Sciences, told the Global Times on Sunday.
"This means the structure of China-Germany trade is changing," Zhao said, noting that as Chinese industries move up the value chain, China's reliance on some German industrial products is declining, while Chinese companies are becoming more competitive in sectors where German manufacturers traditionally enjoyed strong advantages.
In a position paper released on July 28, China's Ministry of Commerce (MOFCOM) said that the rapid growth of China's modern industries is driven by innovation, with nationwide research and development (R&D) spending growing by an average of 10 percent annually during the 14th Five-Year Plan (2021-25) period.
The changing trade trend is also linked to Germany's own industrial competitiveness and policy environment, Zhao said, noting that high energy costs, demographic pressures and slower investment in some emerging technologies have weighed on the country's industrial upgrading and innovation.
At the same time, political and security considerations have increasingly shaped Germany's economic policy toward China, as Berlin has moved closer to the broader US and EU "de-risking" agenda, Zhao said.
"Such policies can be a double-edged sword, raising costs for German companies in China and disrupting bilateral economic cooperation while seeking to pressure Chinese industries."
However, it is notable that overall China-Germany trade remained substantial. Total bilateral trade exceeded 128 billion euros in the first half, about 3 billion euros more than Germany's trade with the US, according to Reuters.
China overtook the US as Germany's top trading partner in 2025 after US President Donald Trump launched sweeping protectionist tariffs that weighed on German exports to the US.
Falling German exports should not be seen as diminishing China's importance to German businesses, especially as bilateral ties are increasingly expanding beyond trade into investment, local production and R&D, analysts said.
German companies invested more than 7 billion euros in China in the first 11 months of 2025, up 55.5 percent from 4.5 billion euros in 2024 and 2023 and hitting a four-year high. German companies are bulking up their China business and adopting "China for China" production strategies partly to reduce exposure to possible tariffs and export restrictions, according to Reuters.
Major German companies are also deepening their presence in China. BASF's Verbund site in Zhanjiang, South China's Guangdong Province went fully operational in March with an investment of 8.7 billion euros, the largest single investment project wholly owned by a German enterprise in China, the Xinhua News Agency reported.
"China and Germany have developed deeply intertwined economic interests over many years," Zhao said. Rather than treating stronger Chinese industries as a reason to reduce cooperation, Germany should adapt to a relationship in which competition increasingly coexists with investment, innovation and industrial collaboration, he noted.
Recent high-level exchanges have also underscored the importance both sides attach to economic ties. During a meeting with German Economy Minister Katherina Reiche in May, Chinese Vice Premier He Lifeng said that China and Germany are important economic and trade partners with a solid foundation, enormous potential and strong complementarity, calling on both sides to consolidate cooperation in traditional sectors and tap opportunities in emerging fields, according to the Xinhua News Agency.
Reiche said that the German business community remained confident about China's economic prospects and innovation capabilities and would continue to deepen cooperation, Xinhua reported.
The two sides have also moved to strengthen institutional mechanisms. China and Germany agreed to restart the China-Germany Joint Economic Committee and establish two new working groups on trade and investment and industrial cooperation, according to the MOFCOM.
。他没有概述避开美国市场的原因。美国是世界上最大的经济体,曾经被认为是一个有前途的小米市场,但对中国企业越来越不友好。”“在过去的两三年里,我们已经进入了大约80个国家和地区,”雷军说。

二 | 我们希望这种势头将继续下去。”周四,小米宣布推出自己品牌的更便宜的红米手机,以便开始提高其旗舰手机的价格和配置。小米进入高端市场之际,智能手机市场正处于鼎盛时期,中国经济增长正在放缓。然而,华为和其他竞争对手已经在高端手机市场占据了一席之地,并开始占领苹果的领地。尽管雷军拒绝透露经济放缓对小米业务可能产生的影响,但他表示,5G不仅可以促进智能手机的需求,还可以促进小米互联网服务的发展。小米互联网服务现在覆盖了从在线音乐到电影的所有服务领域,共服务2.2亿用户。”智能手机在中国的普及率已经很高了。但我认为,我们正处在5G的前夕,我相信,当5G手机流行时,中国对智能手机的总体需求将恢复。自从周二数十亿股限制性股票被提升以来,小米的市值蒸发了17%。几位分析师本周下调了小米目标股价和预期。小米曾经被认为价值1000亿美元,但现在只相当于这个价值的三分之一。然而,小米自诞生以来发展迅速。自第一轮融资以来持有小米股份的股东可以获得可观的利润。

三 | Millet在其招股说明书中表示,在2010年推出的一轮融资中,投资者认购了39亿股股票,低于每股2港元。

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