Technology company, I will become the light of China!

In the next two months, Longguo, Japan and South Korea formally signed the "East Asian Three Countries Economic Cooperation Agreement" and unanimously decided to use Longguo currency as the trading currency of the three countries and implement a zero tariff policy.

This means that with the signing of the "East Asian Three Countries Economic Cooperation Agreement", there will be no more tariffs on Longguo products exported to Japan and South Korea, and the same will apply to Japan and South Korea. In addition, visas between the three countries will be completely abolished and replaced with mutual visa-free countries.

In addition, Japan and South Korea are selling off large amounts of U.S. Treasury bonds and switching to holding Chinese Treasury bonds, which has led to a further depreciation of the U.S. dollar in the foreign exchange market and a reduction in the wealth of countless traders.

According to the latest public data, the main holders of U.S. Treasury bonds are...

First place, Japan, has a total holding of 2 trillion US dollars, including 1.2 trillion US dollars in long-term and short-term bonds.

Second place is the United Kingdom, with total holdings of US$1.5 trillion, including US$6440 billion in long-term and short-term bonds.

The third place is Longguo, with a total holding of 1.2 trillion US dollars, including 10630 billion US dollars in long-term and short-term bonds.

……

Eighth place, Canada, with total holdings of US$9640 billion, including US$7770 billion in long-term and short-term bonds.

Ninth place, Switzerland, with total holdings of US$8250 billion, including US$3560 billion in long-term and short-term bonds.

Tenth place, Belgium, with total holdings of US$6180 billion, including US$5480 billion in long-term and short-term bonds.

Originally, the total amount of U.S. Treasury bonds held by Dragon Country last year was 1.6 trillion, ranking second. However, due to the crazy sell-off in the previous quarters, it has dropped sharply to 1.2 trillion, a reduction of 4000 billion U.S. Treasury bonds.

What does this mean?
Longguo feels that the US credit is about to go bankrupt!

You have to know that when a country issues national bonds, it is backed by national sovereignty, economic strength and national credit.

As for the country that buys the government bonds, it is equivalent to trusting that country to repay and pay the interest. The relationship here is similar to that you give your money to a trusted fund manager and ask him to help you make risk-free investments.

Of course, in actual operation, it is impossible to be risk-free.

But once risks arise, what will be lost is the country's credit, which is something all major countries must treat with caution.

As China, Japan and South Korea all began to sell off U.S. Treasury bonds, the U.S. stock market also ushered in a new round of decline.

Those who have not studied finance may not understand why government bonds affect the stock market.

If you want to understand the relationship between government bonds and the stock market, you must be clear about one thing: government bond returns are very stable.

It is equivalent to lending money to the country, and you become the country's creditor. When the term matures, the country will pay you interest, which is similar to the time deposits offered by major banks.

The stock market is different. There is no agreed return between stocks and investors. If you invest 1 yuan in stocks, you may lose 5000 yuan or earn 5000 yuan. The return is uncertain, but the return of government bonds is visible.

It is worth mentioning here that the yield on government bonds will decrease as the market becomes hotter.

If more people buy, it means that everyone recognizes government bonds, and the interest rate can be lowered. But if no one buys, the only way to attract investors is to increase the agreed interest rate.

For example, some small countries, such as Türkiye, have a 32-year government bond yield of %, which is far beyond the annual investment return rate of ordinary investors, but do you dare to invest?

The answer is obvious: I dare not!
Why not?
Before buying a country's government bonds, also consider currency stability.

For example, before Soros shorted the Thai baht, the exchange rate against the US dollar was 25 to 1. If you happened to buy Thailand's 45-year government bonds before Soros shorted it, ten years later, the exchange rate of the Thai baht against the US dollar would have fallen to 1 baht to US dollar.

Therefore, if you want to buy government bonds, you need to make judgments from multiple dimensions.

As various countries sell off, the U.S. Treasury bond yields will naturally rise. When the funds in the U.S. stock market see that their hard work for a year is not as high as the Treasury bond yields, they will choose to withdraw from the U.S. stock market.

Between stable returns and risk-return, smart money will prefer the former.

This series of actions has made the once recognized world hegemon feel powerless and has also led more and more countries holding government bonds to choose to sell them overseas.

Unlike the economic turmoil in the United States, the strength of Dragon Country's economy has exceeded the imagination of everyone in the world.

Whether it is the CPI data, the consumption index, or the urban GDP quarterly index, they are all moving straight up.

More and more funds are flowing into Longguo to invest in the financial market.

The highly developed financial market has brought in high-quality companies from all over the world in need of financing, providing Longguo with sufficient capital for negotiations.

As a giant in lithography machines, the Dutch company ASML has submitted an application for listing in Longguo, hoping to enter the Golden Dragon Technology Index market.

Not only ASML of the Netherlands, but also the three giants of EDA chip design software in the United States, Synopsys, Cadence and Mentor, have submitted listing materials to the Longguo Securities Regulatory Commission, hoping to pass the approval.

Many technology companies can maintain their leading position and have endless funds largely relying on the supply of capital markets.

why would you say so?

Because as long as the company is listed, it can raise funds if it is short of money.

This was the case with the Dragon Country’s stock market in the past. A large number of junk companies made their listing financial statements look good, and then started selling the companies as soon as they went public, making a hundredfold profit in an instant.

In the past, when the U.S. stock market was a gathering place for global capital, Dutch companies ASML, Synopsys, Cadence, and Mentor could all continuously attract funds from the U.S. stock market.

Now that the US stocks can’t produce any “milk”, they can only look elsewhere.

However, there is a saying in the Dragon Kingdom: "Thirty years in the east, thirty years in the west; don't bully the young and poor."

In the beginning, these companies took advantage of their leading position in the industry to suppress China's developing companies without reason, and cooperated with Wall Street to short A-shares. Now that the US stock market has run out of milk, they want to change the "wet nurse". How can it be so easy?

Moreover, whether it is the Dutch company ASML or the three giants Synopsys, Cadence, and Mentor, they are all dying losers and can be completely classified as junk companies. Allowing them to be listed in Dragon Country would harm investors.

If you really want to invest in semiconductors, why not just go all in on Longxing Group?
Even if you think the share price of Longxing Group is too high, you can also invest in Longguo enterprises in the semiconductor segment such as Huatian Technology, Loongson International and Modou Chemical Group, which are all potential companies with the shadow of Longxing Group.

Invest in sunset companies?
Let sunset enterprises go public?

Two words.

dream!

……

In the past, due to the lack of the Internet, many people had no idea about the changes in the world economy. But with the popularization of the Internet, the whole world can clearly feel that the Dragon Country is gradually pulling the former world hegemon, the United States, off the altar.

The biggest change is the "hard currency" of poor small countries.

In the past, people in African countries such as Morocco, Libya, Nigeria, etc. generally accepted US dollars. You could buy any product with US dollars. Even their own currencies were not recognized. It was a hard currency besides precious metals such as gold and silver.

It's not just African countries. If we go back five years, even in Dragon Country, U.S. dollars can be spent normally without exchanging currency, and many businesses support shopping in U.S. dollars.

But now?

US dollars no longer work!

There are a large number of bloggers on YouTube who are posting videos saying that they gave tips in African countries, and the other party explicitly asked for the tips to be converted into Dragon currency.

This incident also made it to the hot search list of YouTube, Twitter and TikTok, and some people even went to Africa with US dollars to verify it.

Finally, we got a "cruel" answer in Morocco, that is, even black Africans now know that the U.S. dollar's value preservation rate is not as good as that of the Dragon Dollar. The Dragon Dollar is the emerging world currency. This further increased the Dragon Dollar exchange rate and accelerated the depreciation of the U.S. dollar.

Because Davitch was punished by clan rules and was unable to get out of bed after two months of rest, Clayton appointed Powell to succeed him as chairman of the Federal Reserve.

Powell, who was originally ambitious and wanted to become the head of the Federal Reserve, could only worry about such a predicament and curse Davitch at night. Why could he only worry?
There is only one reason, and that is that Davechi's term was too drastic.

After the most recent interest rate meeting, the US dollar deposit rate has reached 13%, which is a very scary number.

You mean a rate cut?
The funds that are locked up in the bank and are expected to live on interest will run away.

Don’t think this is a trivial matter. The operating model of the bank is “take money from Peter to pay Paul”. As long as everyone withdraws money together, even a Swiss bank will go bankrupt.

If lowering interest rates doesn’t work, what about raising them?

Raising interest rates will be even less feasible!

In the past, the United States was able to pull the whole world into a turmoil by raising interest rates because the U.S. dollar had an absolute dominant position and everyone recognized it.

If you continue to raise interest rates, all the money in the market will flow into U.S. banks, and the amount of funds in circulation will decrease. Wouldn't the Dragon Country currency be able to take advantage of the situation and continue to erode the U.S. dollar's share?
Interest rate cuts are not an option.

Raising interest rates is not an option either.

Bao Weier didn't know what to do.

It seems that the only thing he can do now is to hope for a miracle.

As the Dragon Kingdom was moving step by step towards its great revival and returning to the top of the world, the Rothschild family, as the behind-the-scenes driving force of the Western world, seemed to have gone crazy, searching for Wei Yan's trace all over the world.

It seems that the revival of the Dragon Kingdom is not as important to them as finding Wei Yan.

However, even though they sent hackers to break into the data centers of several airlines, they still did not find any suspicious trace of Wei Yan.

Even in the past two days, the Rothschild family was so crazy that they privately used the naval fleets of the United States and Britain to temporarily control the Bering Strait, the Panama Strait and the Malacca Strait.

The importance of these three straits is such that even people who have not deliberately studied geography have more or less heard of them.

Take the Bering Strait for example. If you want to travel from Alaska, the United States, to the Far East of Russia or along the east coast of Asia, the Bering Strait is a must-pass place because it is located between Asia and North America, connecting the Arctic Ocean and the Pacific Ocean.

As for the Panama Strait and the Malacca Strait, ships departing from ports on the east coast of the United States cannot bypass them.

Wei Yan left the United States, and he had to pass these three checkpoints to return to Long Country.

However, the long-term control and inspection has caused dissatisfaction in many countries in the world. Even senior German officials are questioning what the United States and Britain are trying to do.

Every day they blockade, the greater the public pressure they face.

The Russian Bear even hit it off with the Dragon Country and decided to conduct military exercises in the Strait of Malacca and informed the whole world.

In the third month of the blockade, the United States and Britain finally could not withstand the pressure of world public opinion and relaxed the inspection of some ships because they found that even Italy, a "fence-sitter", seemed to lean towards the Asian camp. Things became a little complicated at this point.

Even though people say Italy surrendered quickly, their vision was excellent.

After all, they were able to hold on to the big shots accurately in the S2 season. Just ask Poland if they are envious?
Now even Italy is leaving the "Western Alliance". Doesn't this mean that they prefer the BRICS Alliance?
However, Clayton would never have thought that he only needed to hold on for another month to find Wei Yan, whom he had been thinking about so much.

However, Wei Yan was not without a backup plan. If he felt that he could not return to Long Kingdom, he would send the photos and videos to Chen Xing as soon as possible. He had already edited the email and could send it by simply connecting to the Internet.

Of course.

This is the helplessness in a desperate situation.

As the Royal Caribbean Quantum of the Seas successfully arrived in Moscow, the Soviet Union, for the sake of caution, he did not choose to buy a ticket to fly back to the Dragon Kingdom, even though it was only a short distance away.

After another half a month, he finally boarded the Royal Caribbean Quantum of the Seas and arrived at the Wusongkou International Cruise Port in the Magic City in early June.

This time, he stood on the observation deck on the top deck, gazing at the land of his motherland. He could feel the taste of safety with every breath.

Although it is pleasant to return home on a cruise ship, you have no idea when and where the other party will stop you.

It’s like having a knife behind your back. No matter if it’s a real knife or not, anyone would feel scared if the knife is against their back.

"finally reached!"

Wei Yan looked slightly excited.

As the Royal Caribbean Quantum of the Seas cruise ship entered the port docking area, he turned on his mobile network without hesitation and booked a flight to Shenzhen.

And on the other side.

Dragon Kingdom Deep City.

Longxing Group Bantian Base.

Chen Xing stood in front of the French window in his office, holding a mobile phone, and was talking on the phone: "The Davos World Economic Forum is coming to Longguo? And I have to attend the meeting? Old leader, I am not prepared at all."

"Just tell me about your views on the U.S. dollar. Two years ago, you were the first to be bearish on the U.S. dollar and did not support the use of U.S. dollars to trade Longxing Group's products. Now the U.S. dollar has really declined. Your opinion is the most concerned issue for traders around the world now."

Wang Shan explained the reason for the invitation.

The Davos World Economic Forum, also known as the World Economic Summit, is the world's top economic discussion conference.

It was always held in Switzerland in the past, but this time it is held in Dragon Country, which is of great significance.

Now Chen Xing's every word and action affects the world economy, and Wang Shan also wants him to take the stage and continue to discredit the U.S. dollar so that the Dragon Country Currency can completely replace the U.S. dollar and become the world's preferred foreign trade settlement currency.

Seeing that he couldn't get away with it, Chen Xing smiled helplessly and said modestly: "Okay, then I'll prepare the manuscript in the next two days. If I say something wrong, you have to help me cover it up, old leader."

"I don't worry about your work."

Wang Shan smiled.

Since he met Chen Xing, he has never seen this man make a mistake. Even the several-hour-long manuscript of "Longxing Annual Science and Technology Exhibition" can be recited by heart. As long as he is given enough time to prepare, he believes that Chen Xing can handle it.

The two exchanged a few more pleasantries and then hung up the phone. Before Chen Xing could turn off the screen, an email reminder from Wei Yan popped up in the notification bar, followed by a WeChat message.

"Finally there is news."

Chen Xing quickly opened WeChat to check.

Ever since Wei Yan disappeared from the regular meeting of the Federal Reserve, he had sent an email to inquire about him, but he had never received a reply. It was as if Wei Yan had disappeared from the face of the earth.

As his horizons broadened, Chen Xing also realized that some people disappeared inexplicably and were most likely silenced. For example, last year's sensational case of the dismemberment of Gaotong CEO Morenkof, no one knew why this top elite was dismembered.

During this period, Chen Xing has been trying to re-establish contact with Wei Yan, but has not been successful. In addition, the United States and Britain have been quite active in recent months, and he is also afraid that something might happen to this chess piece of his in the United States.

Good luck!

Finally there is news!

When Chen Xing saw Wei Yan's WeChat message, his pupils shrank and he said in disbelief, "Oh my God, he didn't forget to take away trillions of dollars from the rich and powerful officials in the United States after returning to China?"

(End of this chapter)