Winner Takes It All, Resurrection 2009
Chapter 636: Whose honest man looks like this?
At the internal meeting, a core topic that was never brought up was: where will the future issuance of RMB go?
The best way, of course, is for the finance department to directly take back the issuing authority from the central bank and then confirm it directly in the form of LIFA, but the key is back to the origin of the matter.
That is, the RMB, which exists on green paper, will be anchored to what kind of large-scale collateral once it is untied from the US dollar in order to gain the trust of market investors?
This is a very serious question.
Everyone says that Hong Kong paper vouchers are the equivalent of the US dollar, are credit-backed, and can gain initial recognition globally by relying on the credit of the US dollar.
But the key point is that for a long time, the RMB is actually similar to Hong Kong dollar vouchers, and is also a monetary medium that relies on the credit of the US dollar.
The total foreign exchange volume of more than 3.5 trillion US dollars, 3.5+ (unsettled exchange), is the credit cornerstone supporting the existence of the RMB, but now we are faced with an imminent problem.
The total size of US dollar foreign exchange reserves can no longer truly reflect the level of economic development of Southeast University. There are two options before us. One is to liberalize the exchange rate.
Allowing the RMB to appreciate substantially, even to 1:5 or even 1:4 in one go as proposed by Goldman Sachs and Morgan Stanley, can barely solve the current problem.
However, this solution only treats the symptoms and not the root cause. As the economy of Southeast University continues to develop, will the exchange rate have to appreciate to 1:2 or even 1:1 in the future?
Not to mention that the sharp fluctuations in exchange rates will affect the global competitiveness of Dongda's industrial products, thereby lowering Dongda's future economic development expectations.
Just take the example of the chicken in the basin, and further away there is the body of the big cat that has not yet cooled down. All of this shows that this is a road that is doomed to fail, and in the end it will inevitably give American capital a perfect opportunity to reap the benefits.
Because the rise and fall of the market depends entirely on the US dollar, the key lifeline is in the hands of US capital.
Dongda is destined not to choose this path, because any powerful economy is destined not to surrender and lose half. Once American capital takes action, it will certainly kill everyone.
Then there is only the second way left, which is to decouple and regain the pricing power of the local currency. However, how to choose the anchor has become a difficult problem that everyone is faced with!
For any local currency that aspires to become a world settlement currency, choosing a suitable carrier is crucial.
Forty years ago, mainstream currencies usually used gold or silver to provide credit endorsement for their own currencies. However, with the development of human economy and society today, the limited precious metals can no longer meet the current unlimited demand.
And there is a more realistic and urgent problem. Even a country as powerful as the United States now only dares to use the US dollar to bind commodity transactions, especially oil and gas settlement.
The establishment and collapse of the Bretton Woods system has well illustrated this problem. Relying on binding with gold is doomed to have no future, not to mention that Tokyo has not yet obtained the pricing power of the world's major resources.
It does not have the most powerful rumbling ability that is the best in the world. Being pegged to gold can bring credibility, but what if people come with the RMB they have obtained and come to exchange for an equal amount of gold?
Gold and silver were not desirable, and mainstream resources had no pricing power. All levels of government were racking their brains. It was not until Qingyun, together with the four major groups, first promoted electric power and energy (industrial manufacturing) as an anchor that the higher-ups reluctantly accepted it.
To put it bluntly, this is a good solution, but the mainstream manufacturer in the world at this time is Hans, or at least it is a chicken and a stick.
Otherwise, the euro and the yen would not have become the mainstream settlement currencies second only to the US dollar. It is precisely because Hans and Jiaobenji have strong technology and industrial manufacturing capabilities that the euro and the yen are given strong international credit.
The order of precedence is very important.
When talking about electric energy (industrial manufacturing) becoming an anchor at the moment, the key is that it is not recognized internationally. Without widely recognized strength, it will be difficult to become a settlement currency.
All in all, this can only be one development direction for the future. The most realistic solution at the moment is still the package solution proposal in the original time and space.
That is, change the complete binding to the US dollar to a package plan that integrates the US dollar, euro, yen, pound, etc., and obtain more relaxed conditions through individual negotiations with all parties.
At the very least, the restrictions on RMB can be lifted, successfully buying valuable development time for the University of Tokyo.
But this step is destined to be the most difficult step.
Because if it is too early, it will trigger the anger of the entire Wall Street. No one will be willing to accept that the object they have worked hard for 20 or 30 years and can be perfectly harvested will run away early.
Especially when international hot money is investing heavily in Dongda with funds and technology, Dongda's industrial manufacturing capabilities are growing rapidly at a terrifying speed visible to the naked eye.
Any discerning person can see clearly that as long as Todai is given a few more years to absorb technology, strengthen its foundation and complete the final step of refinement, no one in the world will be able to stop Todai’s true rise.
Therefore, if they act too early, Wall Street will definitely abandon the dying Ou Meng and allow the other party to take the opportunity to recuperate and recover, and will also launch an all-round siege on Dongda at all costs.
Ou Meng will also take this opportunity to add fuel to the fire and spare no effort to lead the two companies to collide head-on, preferably with a real fire and mutual destruction, in order to ease the strong pressure brought to them by Wall Street.
Hans is good at forbearance and knows how to hide his weaknesses, but he is too big and not a normal complete body. In addition, he met a thick-skinned ally and was dragged into a deep pit.
In the end, he was dismembered into pieces, leaving no trace of his body.
If there was a chance to get rid of the current situation and guide the two families to collide in advance, Hans would wake up laughing in his dreams.
But the layout of the East China University of Political Science and Law cannot be launched too late. If the American capital successfully lays out the second cat and guides the big cat to take the most critical step, then everything will be a foregone conclusion.
The cheap energy of Big Cat's family cannot compare to the deep-rooted fear of being dominated by those people further west.
It is said that the capital of the squid is so powerful. From 1991 to now, the rumbling of the big cat has been promoted every day, creating an illusion for the whole world. Although it is in decline now, it is still the second in the world.
No one knows whether it is the second or not, but in 12, the GDP of Big Cat was about to fall out of the top , and its R&D and production capabilities were completely collapsed.
Those who believe it can only say that the brain is completely underdeveloped and the nasogastric region is incompletely developed.
The promotion of Big Cat's Rumble is entirely because American capital wants to find a perfect excuse for the existence of America in Oumeng. Otherwise, Oumeng, which is out of the control of American capital, will immediately become the biggest rival of American capital, without a doubt.
Hans, who was still under control, had to take 20 years of planning by American capital, and then another ten years of direct fighting to barely suppress it.
How can the American capital deal with Hans, who is completely normal?
Not to mention that there is a big cat behind him who can really rely on Hans to recover. These two guys together are definitely a nightmare that American capital will never be able to get rid of.
It can even be said that once the complete Hans Cat appears, American capital can basically say goodbye to the pricing power of the world's major resources!
Even if the short-lived American East Conference of 09 were to reappear, it would be impossible to suppress this terrible monster again.
Once the American capital guides the two companies to separate, it will be free to re-arrange its layout around Todai. Therefore, within one or two years, Todai must first free itself from the constraints on itself.
Only then can we take drastic actions, get rid of all internal adverse influences, and move steadily and firmly toward our goals.
Thanks to Qingyun's early all-in layout in the mobile Internet, Dongda has successfully tasted the joy of controlling public opinion and financial markets in Southeast Asia.
It has initially learned how to play this game and is no longer satisfied with replacing American capital. It may have the initial idea of jointly controlling the pricing power of world resources with Ou Meng and Jiaobenji.
This step is nearly eight years earlier than the original time and space, and will inevitably have a profound impact on the future direction of the world. However, except for Li Zehua, no one has noticed this level of change for the time being.
Because no one knows how the original time and space developed.
Without any reference, everyone is actually taking one step at a time, groping forward in the dark.
However, there is a cheater named Li who forced things on his own, and now even the preliminary alliance of the five major groups has been formed.
Libao is the most speechless one among them, because a new player squeezed in inexplicably when it was just focusing on its Honglonglong franchise.
Qingyun didn't ask for much, just to consult Libao Group, and there was no gadget suitable for loading the Dajiang drone. This gadget is cheap to produce and easy to operate. The key is that as a disposable item, it is still too luxurious, and the price is several thousand yuan. If it can be recycled and reused, and the battery life can be improved by changing the battery, it will be very promising!
Just then, at the internal meeting, after Li Zehua explained his views and saw that they attracted attention, they agreed on a time to submit a complete report next time.
In the name of Qingyun, he invited the heads of the four groups to sit down together and discuss the problems that might be encountered in the future when going overseas.
Needless to say, Qin Xiangli, Chairman of Runhua, and Ye Jingming, Chairman of Southern Power Energy Group, who squeezed out Zhongxin and took the position, were not ambiguous and directly stated their positions.
As for He Zhongping of Libao Group, he looked helpless. Although he had received a warning from the Governor's Office in advance, he had no good way to deal with Qingyun at the moment and could only accept the consequences.
Fu Yuning, chairman of China Merchants Group, is an old friend of Qingyun. Since China Merchants Group's business is extensively involved in the port and ocean shipping industry, in the past year alone, Qingyun has added nearly 600 million tons of shipping capacity.
(Most of them are estimated order volumes. The ships are still under construction. We have reached a commissioned operation and leasing cooperation agreement with companies under China Merchants Group.)
In addition to the transport tonnage that has been confirmed to be launched in 2012 and 13, the cooperation between Qingyun and China Merchants will inevitably go a step further, and the relationship between the two parties can be called a strategic ally.
Among the new Big Four, three are allies, and the remaining one, He Zhongping, can't say much and can only follow the crowd. After all, it doesn't matter who you sell to, as long as you pay the money.
Faced with this negative attitude, Ye Jingming was the first to become unhappy. "Old He, this is a bit unfair. We all work hard to go out to sea for a few pieces of silver, and it is inevitable that we will encounter troubles that cannot be solved by normal means.
In the end, don't you have to step in and solve the problem?
If you have this attitude now, how can we talk about it later?"
Qin Xiangli also chimed in, "There are a few good people selling rumblers, so they can't wait to set up shop everywhere. You'll have a chance only if we go overseas. Take the opportunity to make a name for yourself, and the orders will pour in!"
He Zhongping was so embarrassed that he didn't know whether to laugh or cry. He quickly begged for mercy, "I'm just afraid that you guys will mess around! Look at me, a boss who is not afraid of anything.
Plus Boss Qin who is ready to fight.
Oh, I forgot about your unstoppable Mr. Li. When the three of you get together to play mahjong, I start to suspect that you are trying to rob your fellow thieves.
How can I live in peace with you guys around?"
To be honest, He Zhongping was very afraid of being dragged into this by the three of them. If the situation got out of control, wouldn't he have to take the blame?
Fu Yuning was trying to smooth things over, "Not really, not really. We are all family. Normally, we just move our hands and feet to stretch our muscles. If we really run into trouble that we can't solve, we have to ask you, Mr. He, to step in and settle it!"
Everyone knows that you have a lot of connections in Asia, Africa, and Latin America. This is not the first time that you have gone out to sea in a large group. You are unfamiliar with the place and you are worried that you might be cheated if you do business properly. "
"Hey, a guy who is engaged in shipping and looking for partners all over the world says that he is a good sheep. How fresh is that? Who would believe it?"
He Zhongping didn't trust the four of them at all, and pointed at Li and said, "Don't even mention it. There are tens of thousands of people in the training camp of the Governor's Office.
If this gets out, it will scare people to death. Don't think I don't know what you are planning, but I have to say seriously, if you do this, you are destined to kill people everywhere in the future!"
"Since ancient times, how many people who participated in global competition did not have mountains of blood and corpses behind them? Nowadays, all the good and fat ones are in the hands of European and American capital. It will take 10,000 years to achieve success by just talking."
Li Zehua simply stopped pretending, "For those below us, we must strictly follow the instructions from above and use good and serious services to change their current living conditions.
Only when their living standards are substantially improved will these people accept us from the bottom of their hearts.
But for the local group leaders who have always been wavering and always take advantage of opportunities, they have never heard of the rumbling sound of Dongda University, nor have they seen it used. So, at the critical moment, you can't expect a group of spineless people to have a change of heart, right?
Only the rumbling noise that comes to their doorstep can make them face the reality: Just because Western multinational corporations eat meat doesn’t necessarily mean we deserve to be vegetarians, right?
Bah, you have also seen the operation of drones. The honeycomb coal technology will be mature in less than two years, waiting for Boss Ye to lay the electricity there.
If we bring in Nokia and ZTE Datang Petals, once 4G is launched, as long as the whole world is not hostile, do you think any small place can withstand the fatal blow from you and me?"
Before He Zhongping could refute, Li Zehua extended his hand to quickly position everyone present, "Nandian takes the hydropower infrastructure, Runhua takes the retail terminal, and China Merchants is responsible for sea and air transportation and takes over the port terminal.
The remaining Qingyun will be taken away, and everyone will share the employment, finance, public opinion and the Internet. Libao will join in, and not only will it sell well, but it can also take over the daily security.
This is the right step. The relationship between Libao and the Governor's Office can be further improved. Don't tell me that you are not interested in the construction of the vast areas of Asia, Africa and Latin America.
With your connections and energy, it will be no problem for you to build an overseas construction engineering group with the background of the Governor's Office from scratch.
Think about it, a blank market that has not yet been completely opened to the global mainstream business community is open to you. Once it is done, how much value it contains is up to you to judge."
He Zhongping was immediately seduced, and even his breathing became rapid. After carefully looking at the expressions of the people present, he said in a deep voice: "When you show courtesy to others, you must have something to ask for.
But you are so brave, I must think about this matter carefully."
Li Bao does have a rumbling pass, but he is afraid that these guys who have no taboos in the country, once let loose and start making trouble overseas, the mess they cause will be too big and he will not be able to bear the responsibility!
"I'm getting more and more timid as I grow older."
Ye Jingming sneered disdainfully. Seeing that he was obviously moved but adamant, he could only compromise and say, "This won't work, and that won't work either. What do you want? Just draw a path and save time."
He Zhongping hesitated for a while, but couldn't bear to give up the huge promise that was about to come, so he could only bite the bullet and said, "I can give you the channel, but I won't take the blame~"
Seeing that everyone present was about to change their faces, he quickly added, "Libao can only provide security forces in public places, but we will not participate in private revenge and special operations afterwards.
If you agree, I can agree immediately."
Li Zehua shook his head, "That won't work. Qingyun is fine for small fights, but once we run into a tough opponent, we need Li Bao, a professional commander, to lead the team.
If you don't agree, then the condition just mentioned will have to be reduced accordingly. After all, there are so many engineering bureaus willing to join in.
If it really doesn't work, there are people interested in Big Cat, but they only want money and don't ask for anything."
He Zhongping glared at him angrily, "How can this be the same? Big Cat's family is so poor that they can barely afford to buy pants. Public data alone shows that there are 4,000 to 5,000 people living in Africa.
These guys just do the work for money, they are not polite at all, whoever hires them will be in trouble, and they are also called Wags, what a shitty name, why not call them Wagrei. "
"Then you are better than that. You hide when something happens."
Li Zehua chuckled, "Don't pretend, it's not like the Governor's Office didn't give us the authority. Anyway, small troubles are inevitable, and big troubles will have to be brought back for discussion in the end. Without permission from above, do you think we dare to act rashly?
Do you really think it won't hurt when you're hit with a stick?"
He Zhongping then took a deep breath and nodded cautiously, "But exporting these things is not something that can be done in a short time. You still have a lot to prepare."
"It's a bitch. It's true that there are problems in China, but if we find a third party who is willing to cooperate, wouldn't it be better to have someone to take the blame if something goes wrong?"
Li Zehua really didn't care. He casually found a poor little brother in Southeast Asia, gave him the title of a legal trading partner, and revealed the names of several equipments in one breath.
The level of their arrogance is no different from buying vegetables at the market.
Not to mention He Zhongping who was frightened, even Ye Jingming, who was always the boss of the sky, the second of the earth, and him the third, couldn't help but look sideways frequently.
He thought to himself that if anyone dared to say Qingyun was a good kid again, he would definitely slap him. Have you ever seen an honest person who buys a boat for a price? (End of this chapter)
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