Manufacturing Empire in the Valley

Chapter 2092 Director Wang's Bottom Line Has Shaken

Niu Xiaoqiang was not polite at all, and directly expressed his thoughts: "Our expected exchange ratio is [-]:[-]."

Director Wang originally thought that the ratio that Niu Xiaoqiang said would be [-]:[-] at most, but he didn't expect the other party to propose an exchange ratio of [-]:[-], which made Director Wang fall into a sluggish state.

He stared at Niu Xiaoqiang with wide eyes, with an expression of hearing nonsense.

After being stunned for a moment, Director Wang came back to his senses.He tentatively asked, "What did you just say?"

Niu Xiaoqiang repeated his words, and then looked at Director Wang with a smile, his attitude seemed very sincere.

Director Wang pointed at Niu Xiaoqiang angrily and amusingly: "You little comrade is too much, isn't it? The exchange rate of [-] to [-] is not what you said. I can't agree to such a high ratio!"

If it is really exchanged according to the exchange rate proposed by Niu Xiaoqiang, the 17 million US dollars can be converted into [-] billion yuan, which is much higher than Director Wang's bottom line, and it can be said to have far exceeded his expectations. No wonder he The reaction will be so violent.

Niu Xiaoqiang was not angry at all, he continued to smile, and said: "Director Wang, as far as I know, our country's current total foreign exchange reserves are only more than 30 billion US dollars, and [-] million US dollars is equivalent to more than a dozen of the entire country's total foreign exchange reserves. One-tenth, this amount of money is not a small amount for the country, I wonder if I am right?"

Director Wang waved his hand: "Of course you are right, but the country also has policies. Within an appropriate range, I can give you certain discounts, but you can't open your mouth like a lion, and the country's money is also Money, you can’t spend it indiscriminately, right?”

Niu Xiaoqiang put away his smile when he heard this, and said sternly: "Since Director Wang has talked about this, then I will not be polite. Director Wang must be clear about the current domestic price situation. Within seven months, the renminbi has more than doubled in value, and the depreciation of the currency has inevitably led to skyrocketing prices. In the past, ordinary people only needed a few cents to buy a bottle of shampoo, but now it costs nearly two yuan Money, at present, the monthly salary of ordinary workers in China is about 60 yuan, which means that the salary an ordinary worker gets for a month is only enough to buy [-] bottles of shampoo. I wonder what Director Wang thinks about this because they went up and were plundered?"

Director Wang looked a little embarrassed. He was very clear about what Niu Xiaoqiang said. To put it mildly, the country devalued the renminbi to expand export trade, because export trade was settled in US dollars. The cheaper the price, the lower the price of domestically exported goods, and the cheap goods are still very competitive in the market. After all, one is cheap and three loves.

But doing so is not without hidden dangers, the biggest hidden danger is rising prices.

Since money is worthless, you will of course have to spend more money to buy the same item.Because with the depreciation of the currency, the cost of importing production materials for various manufacturers will also increase. The price of other people's production raw materials has increased, and the prices of the products produced will naturally increase accordingly.

The biggest advantage of this policy is that it can increase the country's foreign exchange reserves. Anyway, RMB can be printed at will, as long as you don't care about the consequences, you can print as much as you want.

The U.S. dollar is different. It is the currency of other countries, and you cannot print it. If you want to get U.S. dollars, you can only rely on export trade to make money.

Therefore, in Niu Xiaoqiang's view, such a crazy devaluation of the renminbi is actually tantamount to robbing the people of their money.

This sentence sounds ugly, but it is the truth. Director Wang felt embarrassed because he knew it in detail.

After the embarrassment, Director Wang coughed and said: "At present, the country is in a state of waste, and a large amount of foreign exchange is urgently needed for the construction of the four modernizations. Therefore, currency devaluation is also a last resort. We are not yet at that level. Stop talking about this, let's talk about what we should talk about."

Niu Xiaoqiang shook his head slightly: "I'm not trying to blame anyone, but I'm trying to explain the facts to Director Wang. According to the current situation, the RMB will continue to depreciate in the future, and it is very likely that it will break through. A ratio of [-]:[-] or even [-]:[-], because of this, I propose an exchange ratio of [-]:[-], otherwise if I propose an exchange ratio of [-]:[-], it will be equivalent to no discount at all after a while Now, think about it carefully, isn't that the reason?"

When Niu Xiaoqiang said this, he changed the subject: "Director Wang should know that the U.S. dollar is very strong. In the black market, one U.S. dollar can be exchanged for ten yuan. Illegal transaction, besides, [-] million US dollars is a big amount, and the RMB is extremely weak now, so I took the risk to exchange it with you for US dollars, so, shouldn't Director Wang give you some discounts?"

This long speech made Director Wang speechless. Niu Xiaoqiang was not just talking nonsense. The reasons he gave were all well-scrutinized and reasonable.

After hearing what Niu Xiaoqiang said, Director Wang's bottom line inevitably became a little loose.After pondering for a moment, he said, "I admit that what you said makes sense, but the ratio of [-] to [-] is too high. If I agree, it will definitely cause criticism, and maybe the superior will hold me accountable." , so I hope that Secretary Niu can think about it carefully and make a new price."

Niu Xiaoqiang said with a slight smile: "Director Wang, my opinion is different from yours. I don't think this incident is a violation at all. First of all, we exchange RMB to expand the investment scale, which will help invigorate the economy and increase employment. It is a good thing for the country and the people. Secondly, the discount you give is only a few hundred million yuan at most. Paying such a little extra money is not enough to cause any negative impact on the country’s economy. Are you right? Finally, there is one more point , The country is in urgent need of foreign exchange. If you can do this, you will be credited, and how can you take responsibility? In summary, I think Director Wang should make this decision and agree to this transaction. "

Niu Xiaoqiang once again took advantage of his eloquence to present the facts to Director Wang.The three reasons he gave made Director Wang speechless again, because Director Wang knew that what Niu Xiaoqiang said was correct, and the bottom line in Director Wang's heart was shaken even more.

However, the vacillation is the vacillation. After all, this transaction involves more than one billion RMB, and Director Wang is still a little hard to make up his mind.

(End of this chapter)