{"id":21150,"date":"2025-04-11T16:21:58","date_gmt":"2025-04-11T08:21:58","guid":{"rendered":"https:\/\/www.kafeizha.com\/?p=21150"},"modified":"2025-04-11T16:21:58","modified_gmt":"2025-04-11T08:21:58","slug":"%e3%80%90%e8%b4%9f%e9%9d%a2%e3%80%91bloomberg%e4%b8%ad%e5%9b%bd%e7%a7%91%e6%8a%80%e8%82%a1%e9%9d%a2%e4%b8%b4%e5%85%b3%e7%a8%8e%e5%a4%96%e6%96%b0%e5%bf%a7","status":"publish","type":"post","link":"https:\/\/news.tomjun.com\/?p=21150","title":{"rendered":"\u3010\u8d1f\u9762\u3011[bloomberg]\u4e2d\u56fd\u79d1\u6280\u80a1\u9762\u4e34\u5173\u7a0e\u5916\u65b0\u5fe7"},"content":{"rendered":"<p>**\u4e2d\u56fd\u79d1\u6280\u80a1\u5728\u5173\u7a0e\u4e4b\u5916\u9762\u4e34\u7684\u65b0\u5fe7\u8651**<\/p>\n<p>\u5c3d\u7ba1\u4e2d\u56fd\u79d1\u6280\u80a1\u8fd1\u671f\u7684\u5927\u5e45\u4e0b\u8dcc\u540e\u5f00\u59cb\u6709\u6240\u56de\u5347\uff0c\u4f46\u4e00\u4e9b\u6295\u8d44\u8005\u548c\u5206\u6790\u5e08\u6b63\u5728\u5173\u6ce8\u53ef\u80fd\u6bd4\u5173\u7a0e\u5f71\u54cd\u66f4\u4e25\u91cd\u7684\u6f5c\u5728\u62c5\u5fe7\u3002\u81ea\u4e09\u6708\u4efd\u7684\u9ad8\u70b9\u4ee5\u6765\uff0c\u4e2d\u56fd\u79d1\u6280\u80a1\u7684\u5e02\u503c\u5df2\u7ecf\u84b8\u53d1\u8d85\u8fc73500\u4ebf\u7f8e\u5143\uff0c\u5c3d\u7ba1\u5728\u8fc7\u53bb\u7684\u56db\u4e2a\u4ea4\u6613\u65e5\u4e2d\u4e0a\u6da8\u4e86\u8d85\u8fc710%\u3002\u867d\u7136\u4e2d\u56fd\u4eba\u5de5\u667a\u80fd\u7684\u5feb\u901f\u53d1\u5c55\u4ecd\u7136\u662f\u4e00\u4e2a\u5173\u952e\u7684\u79ef\u6781\u56e0\u7d20\uff0c\u4f46\u5730\u7f18\u653f\u6cbb\u7d27\u5f20\u5c40\u52bf\u76ee\u524d\u5904\u4e8e\u9996\u8981\u4f4d\u7f6e\u3002<\/p>\n<p>\u963f\u4f2f\u4e01\u6295\u8d44\u7ba1\u7406\u516c\u53f8\u7684\u4e00\u4f4d\u6295\u8d44\u7ecf\u7406\u8868\u793a\uff0c\u7f8e\u56fd\u5bf9\u4e2d\u56fd\u91c7\u53d6\u7684\u884c\u52a8\uff0c\u4f8b\u5982\u9650\u5236\u91d1\u878d\u6301\u80a1\u6216\u8fdb\u4e00\u6b65\u5236\u88c1\uff0c\u662f\u4e00\u4e2a\u201c\u4e25\u91cd\u7684\u98ce\u9669\u201d\u3002\u6b64\u5916\uff0c\u8fd8\u6709\u672a\u7ecf\u8bc1\u5b9e\u7684\u4f20\u8a00\u79f0\uff0c\u4e2d\u56fd\u80a1\u7968\u53ef\u80fd\u88ab\u8feb\u4ece\u7f8e\u56fd\u4ea4\u6613\u6240\u9000\u5e02\uff0c\u4e00\u4e9b\u4eba\u62c5\u5fc3\u6280\u672f\u51c6\u5165\u4f1a\u53d7\u5230\u8fdb\u4e00\u6b65\u9650\u5236\u3002<\/p>\n<p>\u8be5\u6295\u8d44\u7ecf\u7406\u8868\u793a\uff0c\u8fd9\u4e9b\u63aa\u65bd\u53ef\u80fd\u5bfc\u81f4\u5916\u56fd\u5927\u91cf\u6301\u80a1\u7684\u4e2d\u56fd\u79d1\u6280\u80a1\u201c \u0440\u0435\u0437\u043a\u043e\u629b\u552e\u201d\u3002\u4ed6\u8fd8\u5f3a\u8c03\uff0c\u5982\u679c\u5173\u7a0e\u524a\u5f31\u4e2d\u56fd\u6574\u4f53\u7ecf\u6d4e\uff0c\u5c06\u5bf9\u9700\u6c42\u4ea7\u751f\u66f4\u5e7f\u6cdb\u7684\u5f71\u54cd\u3002\u201c\u6211\u8ba4\u4e3a\u5f88\u591a\u4e8b\u60c5\u5c1a\u672a\u88ab\u5b9a\u4ef7\u3002\u201d<\/p>\n<p>\u7531\u4e8e\u7f8e\u56fd\u5bf9\u5148\u524d\u514d\u7a0e\u7684\u5c0f\u5305\u88f9\u5f81\u6536\u5173\u7a0e\uff0c\u4e2d\u56fd\u7535\u5b50\u5546\u52a1\u516c\u53f8\u53d7\u5230\u7684\u6253\u51fb\u6700\u4e3a\u4e25\u91cd\u3002Temu\u7684\u6240\u6709\u8005\u62fc\u591a\u591a\u7684\u7f8e\u56fd\u5b58\u6258\u51ed\u8bc1\u81ea4\u6708\u521d\u4ee5\u6765\u5df2\u4e0b\u8dcc25%\u3002\u5728\u7f8e\u56fd\u4e0a\u5e02\u7684\u6700\u5927\u7684\u4e2d\u56fd\u516c\u53f8\u963f\u91cc\u5df4\u5df4\u7684\u7f8e\u56fd\u5b58\u6258\u51ed\u8bc1\u4e0b\u8dcc\u4e8621%\u3002<\/p>\n<p>\u9664\u5728\u7ebf\u8d2d\u7269\u5916\uff0c\u76f4\u63a5\u5173\u7a0e\u7684\u5f71\u54cd\u88ab\u8ba4\u4e3a\u662f\u5fae\u5c0f\u7684\uff0c\u4e2d\u56fd\u79d1\u6280\u516c\u53f8\u7684\u5927\u90e8\u5206\u6536\u5165\u548c\u5229\u6da6\u6765\u81ea\u56fd\u5185\u4e1a\u52a1\u3002\u4f46\u662f\uff0c\u968f\u7740\u7d27\u5f20\u5c40\u52bf\u52a0\u5267\uff0c\u4e5f\u53ef\u80fd\u4f1a\u91c7\u53d6\u975e\u5173\u7a0e\u624b\u6bb5\u3002<\/p>\n<p>\u4eca\u5e742\u6708\uff0c\u7279\u6717\u666e\u653f\u5e9c\u53d1\u5e03\u4e86\u4e00\u4efd\u653f\u7b56\u5907\u5fd8\u5f55\uff0c\u8be5\u5907\u5fd8\u5f55\u53ef\u80fd\u4f1a\u4f7f\u4e2d\u56fd\u5728\u7f8e\u56fd\u7684\u4e0a\u5e02\u673a\u5236\u53d7\u5230\u8d28\u7591\u3002\u8fd9\u4f7f\u6295\u8d44\u8005\u56de\u60f3\u8d772020\u5e74\u548c2021\u5e74\u7684\u60c5\u51b5\uff0c\u5f53\u65f6\u5927\u89c4\u6a21\u4ece\u7f8e\u56fd\u4ea4\u6613\u6240\u9000\u5e02\u7684\u5e7d\u7075\u62d6\u7d2f\u4e86\u4e2d\u56fd\u5e02\u573a\u3002<\/p>\n<p>TD Cowen\u5206\u6790\u5e08\u5728\u5468\u4e09\u7684\u4e00\u4efd\u62a5\u544a\u4e2d\u5199\u9053\uff1a\u201c\u9274\u4e8e\u7279\u6717\u666e\u5df2\u7ecf\u5bf9\u4e2d\u56fd\u63d0\u9ad8\u4e86\u5173\u7a0e\uff0c\u6211\u4eec\u8ba4\u4e3a\u9000\u5e02\u6b63\u5728\u5347\u7ea7\u4e3a\u62a5\u590d\u9009\u62e9\u3002\u201d \u201c\u8fd9\u610f\u5473\u7740\u672c\u5468\u91c7\u53d6\u884c\u52a8\u7684\u98ce\u9669\u9ad8\u4e8e\u4e0a\u5468\u3002\u201d<\/p>\n<p>\u7f8e\u56fd\u56fd\u9632\u90e8\u5df2\u7ecf\u5c06\u4e2d\u56fd\u5e02\u503c\u6700\u9ad8\u7684\u516c\u53f8\u534e\u4e3a\u7b49\u516c\u53f8\u5217\u5165\u9ed1\u540d\u5355\u3002\u5c3d\u7ba1\u4e94\u89d2\u5927\u697c\u7684\u9ed1\u540d\u5355\u6ca1\u6709\u4efb\u4f55\u5177\u4f53\u7684\u5236\u88c1\u63aa\u65bd\uff0c\u4f46\u5b83\u4e0d\u9f13\u52b1\u7f8e\u56fd\u516c\u53f8\u548c\u673a\u6784\u4e0e\u8fd9\u4e9b\u4e2d\u56fd\u516c\u53f8\u6253\u4ea4\u9053\u3002<\/p>\n<p>\u671f\u6743\u5e02\u573a\u663e\u793a\u6295\u8d44\u8005\u611f\u5230\u7d27\u5f20\u3002\u5728\u6700\u8fd1\u7684\u66b4\u8dcc\u4e2d\uff0c\u5bf9\u51b2\u817e\u8baf\u548c\u963f\u91cc\u5df4\u5df4\u7b49\u4e2d\u56fd\u79d1\u6280\u5de8\u5934\u4e0b\u8dcc\u7684\u6210\u672c\u4ecd\u63a5\u8fd1\u591a\u5e74\u9ad8\u4f4d\u3002<\/p>\n<p>\u4eca\u5e74\u65e9\u4e9b\u65f6\u5019\uff0c\u7531\u4e8eDeepSeek\u7684\u6210\u529f\uff0c\u4e2d\u56fd\u7684\u79d1\u6280\u80a1\u98ce\u9761\u4e00\u65f6\uff0c\u8fd9\u63a8\u52a8\u4e86\u6295\u8d44\u8005\u8fdb\u5165\u4e2d\u56fd\u4e0a\u5e02\u7684\u4eba\u5de5\u667a\u80fd\u516c\u53f8\u3002\u4e0d\u65ad\u6076\u5316\u7684\u8d38\u6613\u6218\u5df2\u5c06\u6ce8\u610f\u529b\u8f6c\u79fb\u56de\u7f8e\u56fd\u9650\u5236\u4e2d\u56fd\u83b7\u5f97\u6700\u5c16\u7aef\u6280\u672f\u7684\u52aa\u529b\u3002<\/p>\n<p>\u82b1\u65d7\u96c6\u56e2\u5206\u6790\u5e08\u5728\u4e00\u4efd\u62a5\u544a\u4e2d\u5199\u9053\uff1a\u201c\u5c3d\u7ba1\u6211\u4eec\u4e0d\u786e\u5b9a\u7f8e\u56fd\u662f\u5426\u8ba1\u5212\u5ba3\u5e03\u5bf9\u82af\u7247\u51fa\u53e3\u7684\u4efb\u4f55\u65b0\u9650\u5236\uff0c\u4f46\u4eba\u4eec\u4e00\u76f4\u62c5\u5fc3\u62e5\u6709\u4e91\u670d\u52a1\u548c\u4e13\u6709AI\u57fa\u7840\u6a21\u578b\/\u80fd\u529b\u7684\u6280\u672f\u516c\u53f8\u53ef\u80fd\u4f1a\u53d7\u5230\u5ba1\u67e5\u548c\u5236\u88c1\u3002\u201d \u8fd9\u53ef\u80fd\u4f1a\u7ed9\u817e\u8baf\uff0c\u963f\u91cc\u5df4\u5df4\u548c\u767e\u5ea6\u5e26\u6765\u538b\u529b\u3002<\/p>\n<p>\u8be5\u884c\u4e1a\u4ecd\u7136\u5177\u6709\u4f30\u503c\u5438\u5f15\u529b\uff0c\u6052\u751f\u79d1\u6280\u6307\u6570\u7684\u9884\u671f\u8fdc\u671f\u6536\u76ca\u4e3a15\u500d\uff0c\u4f4e\u4e8e\u5176\u4e09\u5e74\u5e73\u5747\u6c34\u5e7319\u500d\u548c\u7eb3\u65af\u8fbe\u514b100\u6307\u6570\u7684\u5f53\u524d\u6c34\u5e7324\u500d\u3002<\/p>\n<p>\u8be5\u7ec4\u7ec7\u5bf9\u56fd\u5185\u9700\u6c42\u7684\u4e25\u91cd\u4f9d\u8d56\u4e5f\u4f7f\u4ed6\u4eec\u80fd\u591f\u4ece\u5317\u4eac\u652f\u6301\u7ecf\u6d4e\u7684\u52aa\u529b\u4e2d\u53d7\u76ca\u3002<\/p>\n<p>\u963f\u4f2f\u4e01\u6295\u8d44\u7ecf\u7406\u8868\u793a\uff1a\u201c\u4e2d\u56fd\u79d1\u6280\u9886\u5bfc\u8005\u4ecd\u7136\u76f8\u5bf9\u6709\u5438\u5f15\u529b\u3002\u201d \u201c\u9274\u4e8e\u5b58\u5728\u5f88\u5927\u7684\u4e0d\u786e\u5b9a\u6027\uff0c\u6295\u8d44\u8005\u662f\u5426\u53ea\u60f3\u8fdb\u5165\u4e2d\u56fd\u80a1\u5e02\u4ee5\u6293\u4f4fAI\u673a\u4f1a\u2026\u2026\u4ed6\u4eec\u53ef\u80fd\u4f1a\u6682\u505c\u4e00\u6bb5\u65f6\u95f4\uff0c\u5982\u679c\u4ed6\u4eec\u5bf9\u5173\u7a0e\u548c\u5168\u7403\u7ecf\u6d4e\u6709\u66f4\u6e05\u6670\u7684\u4e86\u89e3\uff0c\u4ed6\u4eec\u53ef\u80fd\u4f1a\u91cd\u65b0\u8fdb\u5165\u3002\u201d <\/p>\n<hr>\n<p><b>\u5206\u6790\u5927\u6a21\u578b\uff1a<\/b>gemma2<br \/><b>\u5f97\u5206\uff1a<\/b>-40<br \/><b>\u539f\u56e0\uff1a<\/b><\/p>\n<pre style=\"white-space: pre-wrap;font-size: inherit;\">\u6587\u7ae0\u4e3b\u8981\u5173\u6ce8\u7f8e\u56fd\u5bf9\u4e2d\u56fd\u79d1\u6280\u516c\u53f8\u7684\u9650\u5236\u548c\u6f5c\u5728\u7684\u8d1f\u9762\u5f71\u54cd\uff0c\u4f8b\u5982\u5173\u7a0e\u3001\u9000\u5e02\u98ce\u9669\u548c\u6280\u672f\u9650\u5236\uff0c\u8fd9\u4e9b\u90fd\u5bf9\u4e2d\u56fd\u79d1\u6280\u884c\u4e1a\u6784\u6210\u5a01\u80c1\u3002<\/pre>\n<hr>\n<p><b>\u539f\u6587\u5730\u5740\uff1a<\/b><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-11\/china-tech-faces-worry-beyond-tariffs-after-350-billion-wipeout\" target=\"_blank\">China Tech Faces Worry Beyond Tariffs After $350 Billion Wipeout<\/a><br \/> <b>\u65b0\u95fb\u65e5\u671f\uff1a<\/b>2025-04-11<\/p>\n<div style=\"margin: 20px 0;\"><div class=\"qrcswholewtapper\" style=\"text-align:left;\"><div class=\"qrcprowrapper\"  id=\"qrcwraa2leds\"><div class=\"qrc_canvass\" id=\"qrc_cuttenpages_2\" style=\"display:inline-block\" data-text=\"https:\/\/news.tomjun.com\/?p=21150\"><\/div><div><a download=\"\u3010\u8d1f\u9762\u3011[bloomberg]\u4e2d\u56fd\u79d1\u6280\u80a1\u9762\u4e34\u5173\u7a0e\u5916\u65b0\u5fe7.png\" class=\"qrcdownloads\" id=\"worign\">\r\n           <button type=\"button\" style=\"min-width:200px;background:#44d813;color:#000;font-weight: 600;border: 1px solid #44d813;border-radius:20px;font-size:12px;padding: 6px 0;\" class=\"uqr_code_btn\">\u6587\u7ae0\u4e8c\u7ef4\u7801<\/button>\r\n           <\/a><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>**\u4e2d\u56fd\u79d1\u6280\u80a1\u5728\u5173\u7a0e\u4e4b\u5916\u9762\u4e34\u7684\u65b0\u5fe7\u8651** \u5c3d\u7ba1\u4e2d\u56fd\u79d1\u6280\u80a1\u8fd1\u671f\u7684\u5927\u5e45\u4e0b\u8dcc\u540e\u5f00\u59cb\u6709\u6240\u56de\u5347\uff0c\u4f46\u4e00\u4e9b\u6295\u8d44\u8005\u548c\u5206\u6790\u5e08\u6b63\u5728 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[79],"tags":[4254,1160,93,578,3723],"class_list":["post-21150","post","type-post","status-publish","format-standard","hentry","category-79","tag-4254","tag-1160","tag-93","tag-578","tag-3723"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/posts\/21150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21150"}],"version-history":[{"count":1,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/posts\/21150\/revisions"}],"predecessor-version":[{"id":21151,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/posts\/21150\/revisions\/21151"}],"wp:attachment":[{"href":"https:\/\/news.tomjun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}