I'm in the county town, and you say I'm a big shot?

Chapter 24 Four Trillion, Four Trillion

Xia He was stunned for a moment, then suddenly smiled sweetly and said, "Why, are you testing me?"

"No, I'm asking you for advice."

"Well, the current economic situation is not optimistic." Xia He's pretty face became serious:

"The impact of the US subprime mortgage crisis has spread across the globe, threatening to repeat the 97 financial crisis. my country's economy has also been significantly impacted, with declining exports, slowing economic growth, and increasing employment pressures, far exceeding experts' predictions."

"In this case, the country will not sit idly by." Fang Qingye took over the conversation:

"A series of countermeasures will definitely be implemented, especially in the real estate sector, which involves building materials, steel, chemicals, machinery, decoration, and home appliances. There are at least 50 or 60 upstream and downstream industries, so the country will definitely adopt a series of stimulus policies."

"Do you mean that the country's real estate regulation policy will change?" Xia He immediately understood what Fang Qingye meant.

"Yes, at the end of last year, the country implemented a tight monetary policy. Since the beginning of this year, the central bank has started to raise interest rates and increase the reserve requirement ratio. Now the bank reserve requirement ratio has been raised to a historical high of 17.5%. This has a huge impact on capital-intensive industries like real estate."

Fang Qingye spoke freely:

"But now, both domestically and internationally, the economic situation has undergone tremendous changes, and the central bank's monetary policy will certainly change accordingly, with monetary easing, lowering the reserve requirement ratio, and interest rate cuts. And the intensity of this will be unprecedented!"

Four trillion, four trillion.

Of course, this policy has not yet been released.

"The country will definitely rescue the real estate market, so we lend money to companies like Kerry just to follow this trend." Fang Qingye finally expressed his opinion.

Xia He fell into deep thought.

"Senior, do you know Professor Liu Qingyu from our school?" Fang Qingye suddenly said again.

"Of course I know him. He was my mentor and was very nice to me when we were in school. What's wrong?" Xia He raised her head and looked at the other person.

"Professor Liu is a member of the Central Bank's Monetary Policy Committee. He knows much more detailed information than us grassroots workers. You can call him and ask."

"Xiao Fang, you even thought of this?" Xia He laughed: "Okay, I'll call and ask."

To be honest, she was skeptical about Fang Qingye's words.

Any change in a country's economic policy will have a ripple effect on the entire country and is no joke.

She took out her cell phone from her bag and dialed a number.

"Hello, Professor Liu, I am your student Xia He."

"Hello Hello."

"I've recently encountered some problems in my grassroots work and am confused about the current economy. I'd like to ask you for some advice. Would it be a waste of your time?"

"Okay." Xia He briefly explained the situation.

After the other party finished speaking, Xia He smiled: "Really? That's great!"

"Yes, I understand. Teacher, I will definitely visit you when I go to Shanghai on a business trip. Goodbye."

After finishing the call, Xia He looked at Fang Qingye with admiration on her face. "Xiao Fang, you're amazing! You're right. The country's fiscal and monetary policies will immediately change direction. Very quickly."

"In that case, senior sister, why don't you take the lead? Supporting local economic development and revitalizing the real estate industry will benefit the country and the people." Fang Qingye said.

Dare to be the first?

These words touched Xia He's heart.

As the branch president, she certainly wanted to achieve something. Otherwise, why would she give up the provincial capital where conditions were superior in all aspects and run to the county town?

Deep down, she is also a bold and adventurous woman.

Of course, I would not tell these secret thoughts to the young man in front of me.

She smiled and looked at Fang Qingye: "Aren't you just asking me to go find President Zhang and help Kerry get a loan? That's so high-sounding."

"We are actually doing a very grand job, at least for now." Fang Qingye said lightly.

"Okay, I'll go talk to President Zhang tomorrow." Xia He made the decision.

After hearing this, Fang Qingye knew that the chances of success were about 70% to 80%.

Xia He was someone President Zhang valued very much. Besides, President Zhang wasn't the type of leader who was overly conservative, so Xia He had plenty of reasons to convince him. After dinner, Fang Qingye finished his accounting and drove Xia He back to work. He parked his Passat in the garage and then rode his scooter home.

The next day, Xia He went to the city bank early in the morning, and Fang Qingye waited for news.

The same news also came from Song Qingdong.

In the chairman's office on the eighth floor of Kerry Building, Song Qingdong sat behind the large boss desk, smoking a cigar silently.

Standing next to him was a capable woman, Luo Yan, the company's deputy general manager.

"Boss, Mr. Qian from Tenglong Industrial just called me back and said their company is currently very short on funds. They're still in the process of recovering the 2000 million yuan that was siphoned off by Zhejiang Zhilian Technology Company, so they don't have any extra funds to lend us."

"I've already thought of that." Song Qingdong took a drag on his cigar and said slowly, "What about Yongli Investment's Zhang Shuren?"

"Mr. Zhang has agreed to lend us 1000 million, but the monthly interest rate is cent."

"One cent of interest per month? Doesn't that mean I have to pay back 100 million per month?! That bastard Zhang Shuren has such a fucking evil heart!" Song Qingdong couldn't help but curse.

"Zhang Shuren said that this is because of his relationship with you, the boss. Others who come to borrow money will be charged a monthly interest of 1.2 cents." Luo Yan added softly.

"Alas," Song Qingdong sighed deeply and said nothing more.

"Boss, why don't we just apply for an extension of the 2400 million loan owed to Dongfang Bank?" Luo Yan suggested.

Song Qingdong shook his head.

"It's possible to postpone the loan repayment, but it will lower our corporate credit, making it difficult to get future loans. The 3800 million yuan loan from China Construction Bank is also due in four months. What should we do?"

"Then let's ask the county for a solution. The county leaders can't just watch us fall like this, right?" Luo Yan suggested again.

"I've looked for it. The county leaders don't have a good solution. They've already given me a lot of face by agreeing to lend us 800 million yuan from the county treasury for emergency use. I can't make any other requests." At this point, Song Qingdong sighed softly. "I wonder what the situation is like over there with Fang Qingye?"

"I'll give him a call and ask." Luo Yan said as she took out her cell phone.

"Don't ask. He'll definitely call me if he has any news." Song Qingdong stopped him and said, "To be honest, I don't have much hope for him."

"Then, let's go find Director Song?"

Song Qingdong pondered for a moment and sighed, "Don't look for him. He can't help with the funding."

The Director Song that Luo Yan mentioned is Song Qingdong's younger brother, who is a leader in the city's Urban Construction Bureau.

She wanted to say something but didn't, and silently put the phone back in her pocket.

"Agree to Zhang Shuren's request and accept the 2400% interest rate. We'll borrow the money for two months first and use it to repay the million yuan loan from Dongfang Bank. Then we can think of other ways." Song Qingdong took a puff of his cigar and finally made a decision.

"Okay, I'll do it right away."

Luo Yan turned and left the room.

Song Qingdong sat in the boss chair and smoked silently.

Just at this moment, the financial director knocked on the door and came in hurriedly with an incredible expression on his face.

"Director Song, I just received a call from the credit department of Dongfang Bank. They said the city branch has approved our application for a 2400 million yuan loan in principle! But the prerequisite is that all previous loans must be repaid in full!"

Song Qingdong couldn't believe his ears.

"Do you really agree? And it's 2400 million, not 1000 million?"

"Yes, it was Section Chief Zhang who called personally. I was afraid I didn't hear clearly, so I asked again."

The financial director was also very excited. She had been having a very hard time finding money recently.

"Call Section Chief Zhang right back and reassure her that we will definitely repay the loan on time! Also, give President Xia a call to express your gratitude. No, President Xia, I'll call!"

"Okay, Mr. Zhao, I'll do it right away."

After the CFO left, Song Qingdong took another sip of tea, calmed down his excitement, picked up his cell phone and dialed a number.

But the call was not to Xia He, but to Fang Qingye.

(End of this chapter)