The rise of a great power: starting with military industry

2007 years.

There is no new atmosphere in the New Year, but only a bitterly cold winter that makes the whole world feel the chill.

When the festive atmosphere of the Chinese New Year had not yet completely dissipated, the New York stock market encountered "Black Tuesday". The Dow Jones Industrial Average fell as much as 546 points during the trading session and the final decline was still 416.2 points.

Just when investors thought this was just an accident.

On March 3, the subprime mortgage crisis affected the U.S. stock market for the first time!

On the same day, New Century Financial Corporation, the second largest subprime mortgage company in the United States, was suspended from trading on the New York Stock Exchange due to its impending bankruptcy, causing the Dow Jones Industrial Average to plummet 242.66 points.

Who could have thought that such a large company as New Century Financial Corporation would declare itself on the verge of bankruptcy.

U.S. stocks fell sharply, with the Dow Jones Industrial Average down 2%, the S&P 2.04 down 2.15% and the Nasdaq down %.

Subsequently, New Century Financial Corporation filed for bankruptcy protection in court, marking the beginning of the US subprime mortgage crisis.

After laying off half of its employees, New Century Financial Corporation could no longer survive and had to apply to the court for bankruptcy protection.

At the same time, official data was released, showing that U.S. existing home sales fell 3% in March.

This further caused panic in the market!

As Standard & Poor's downgraded its rating of subprime mortgage bonds, global financial markets were shaken.

Bear Stearns' hedge fund was on the verge of collapse, and Macquarie Bank announced that investors in its two high-yield funds faced losses of more than 25%.

Subsequently, Bear Stearns said that the US credit market was in its worst state in 20 years, and European and American stock markets plummeted across the board.

Turbo Specter, president of Bear Stearns, the fifth largest investment bank in the United States, resigned, and real estate investment trusts filed for bankruptcy protection one after another.

BNP Paribas, the largest bank in France, announced that it was involved in US subprime debt. Stock markets in most countries around the world fell, and prices of metals, crude oil futures and spot gold plunged sharply.

As the US subprime mortgage crisis spread, the European Central Bank intervened.

Central banks around the world injected more than US$48 billion in 3262 hours to rescue the market.

The Federal Reserve injected $380 billion into banks three times a day to stabilize the market.

Even more unfavorable news came out that dozens of companies including Walmart and Home Depot announced that they had suffered huge losses due to the subprime mortgage crisis.

This prompted the three major central banks of the United States, Europe and Japan to inject more than $720 billion to rescue the market.

It was also at this time that the short sellers began to trade the credit default swaps in their hands.

This is also a heart-pounding part. If the short sellers want to leave the market, they must complete the transaction before the bank goes bankrupt, otherwise the short sellers will explode along with the bank.

Once a bank goes bankrupt, it will have no money to compensate and all investments will naturally go down the drain.

These shorts eventually exited safely and made a fortune.

A large amount of funds has flowed out from the United States, Europe, South America, the Middle East, Japan, Australia, etc., either to offshore islands or to other places.

Under such circumstances, Liu Tao arrived in Hong Kong on June 6.

This time I came to Hong Kong not specifically for company matters, nor for the current profits.

The most important thing is the celebration to commemorate the return of Hong Kong.

Just like the National Day, the commemoration of the return of Hong Kong and Macao also adheres to the principle of a small celebration every five years and a big celebration every ten years!
Time flies quickly and passes in the blink of an eye.

This time it coincides with the tenth anniversary celebration!
After New Year's Day in Hong Kong, all walks of life began to plan and prepare for celebrations.

By June, despite the impact of the US subprime mortgage crisis, the festive atmosphere was still strong.

July 7st is not only the Party Founding Day, but also the Return Day, and it is also on the weekend. Panshan Group has also prepared a big gift!
That was the launching ceremony of the Type 003 aircraft carrier, which was also held on July 7.

It’s very close from Xiangjiang to Yangcheng Shipyard!

This time, the launching ceremony of the Type 003 aircraft carrier will be completely different from previous ones and will be broadcast live throughout.

The launching ceremony of the Type 003 aircraft carrier has been prepared for a long time for this celebration.

It also emphasizes the importance we attach to Hong Kong!
The itinerary in Hong Kong is very tight!

In Hong Kong, many celebration activities are also planned, including evening parties, music festivals, etc.

Of course, there is another highlight, which is the swearing-in of the new Hong Kong government team.

On the morning of July 7, after raising the national flag and the SAR flag, a military parade was held.

Time is like a gear.

The Hong Kong garrison, the ground force and the Tiger Brigade, this is a unique fate.

This honorable unit is a civilized and powerful force. It is also the first combined brigade and the first heavy combined brigade. It is also known as the 'Cradle of Combined Brigade'!
It was in this unit that the exploration of synthetic forces began, allowing China to know the direction of future military construction in advance.

Read the error-free version at 69shuba! 6=9+shu_ba is the first to publish this novel.

The deputy platoon leader back then has now grown into the brigade commander of this legendary unit.

Looking at this intimidating force, Liu Tao's eyes were filled with emotion. After all, the connection between them was too deep and could not be severed.

The Hong Kong Garrison is also a civilized and powerful force. It shoulders the glorious mission of defending the security and dignity of the motherland. It has become the "stabilizing force" for maintaining the long-term prosperity and stability of Hong Kong, and has shown the world the good image of a powerful and civilized force.

The Hong Kong garrison and the Macao garrison are rotated once a year, which is not a long time, but it is an honor that all the armies compete for in the military.

Reviewing the troops is an essential activity during every celebration.

Afterwards, Liu Tao and his team took a helicopter and took off directly from the Hong Kong River to the Yangcheng Shipyard.

At this time, the Yangcheng Shipyard was filled with colorful flags, loud gongs and drums, and dragon and lion dances.

The dock had been covered and filled with water.

The Type 003 aircraft carrier, a steel behemoth, appeared in front of everyone.

The officers and soldiers of the Type 003 aircraft carrier and representatives of the construction project have lined up in front of the aircraft carrier.

Although there are 4000 people, this team of 4000 people seems insignificant in front of the Type 003 aircraft carrier.

On the aircraft carrier, two festive red banners read: "Remember the original intention" and "Don't forget the mission"!
The launching and naming ceremony of the Type 003 aircraft carrier was very solemn and grand.

No one expected that China's aircraft carrier was not the Type 002B aircraft carrier, nor the legendary Type 002C or Type 002D aircraft carrier, but the brand new Type 003 aircraft carrier!
Moreover, the Type 003 aircraft carrier is so huge. It is not a medium-sized aircraft carrier like the Type 002A aircraft carrier or the Type 002B aircraft carrier. It can be seen at a glance that it is a large aircraft carrier.

The name "Hong Kong" fully demonstrates the special feelings of the Chinese people towards Hong Kong and also has a very unique meaning.

The whole of Hong Kong and the whole of China were boiling with excitement because of the launching and naming ceremony of the Type 003 aircraft carrier.

Under the watchful eyes of the public and with the help of tugboats, the Type 003 aircraft carrier sailed out of the dock.

Magnificent military music, streamers, and fireworks!

Coupled with today's unique day, the launching and naming ceremony of the Type 003 aircraft carrier is full of unique meaning.

But when netizens from other provinces saw the name, they felt complicated.

Before this, whenever there was a discussion about the naming of aircraft carriers, netizens from various provinces would strive to compete for this honor.

Now we can only place our hopes on the next aircraft carrier. (End of this chapter)