Beiyang reactionaries

Missed opportunity.

"Look at the Xi family. The Xi family, like other banking families, suffered heavy losses in this banking crisis. But so what. Xi Demao, the president of China Commercial Bank, came out of the Xi family. Because of his outstanding performance this time, he was well received. It is highly valued by the above. He was also elected as a member of the Financial Reform Committee, and he became the cabinet's financial reform advisor. Bank of China issued four foreign exchange business licenses this time, but most of the government's foreign exchange business will still be handed over to China Commercial Bank. One person has achieved enlightenment, and Xi Demao has face in the government. Xie Demao's younger brother, Xie Deping, entered the board of directors of HSBC Bank as a government representative, served as an executive director, and is also the vice president of HSBC Bank. There are also classmates personally recommended by Xie Demao Song Ziwen has now entered a Chinese banking institution. As long as the Xi family has these people, they will not decline. On the contrary, as Shi Demao and Xi Debing are getting higher and higher in China's financial circles, they will become more and more powerful. It's a pity Ah, the status that the Xi family has now should have been ours."

bank?

The Ningbo Gang also has many outstanding bankers.

Including Chen Guangfu, who is currently the vice president of the Savings Bank of China and concurrently the president of the Shanghai branch. He was originally a banker who was very close to the Ningbo Gang.

But now?

Turned to the government early.

On the contrary, the Ningbo Gang made it difficult for people inside and out.

"President Yu, what you mean is that we, like them, seek refuge with the government."

"kindness."

Yu Qiaqing nodded.

Then he said with a wry smile: "Unfortunately, we have missed the best opportunity. Now that we have missed the best opportunity, we can only show more sincerity. Do you know what sincerity is? Sincerity is what the government needs now. We support whatever. Like the Shanghai Publishing House this time, it is our sincerity to the government.”

Weakness?

The weakness of the comprador class.

Compradors are only a special group that emerged in a special period, and they cannot all be charged with "traitors."The emergence of compradors is due to the strength of the great powers, and their business depends on the great powers.

So there is a comprador.

But they are fragile, their foundation is fragile, because their own strength is limited.Backed by the great powers and foreign capital, they have sufficient strength.But when the influence of the great powers fades in China, the greatest support of these compradors will be lost.Without these powerful backers, their fragile foundations will be revealed.

What to do then?

For compradors, wherever the wind blows, they will go there.

very normal thing.

If compradors can't do it, they immediately want to attach themselves to the government.Yu Qiaqing is such a smart person.China's national capital is too weak. For them, they must either rely on the great powers or the government.

It is basically impossible to develop independently.

"President Yu, do you want to participate in Shanghai Publishing House?"

"kindness."

Yu Qiaqing nodded.

He said very directly: "I have a meeting today, and I just want to talk about this. I have recently studied the cooperation between the government and Southwest businessmen. For many companies jointly established by government and business, what the government wants is not absolute control, not the right to operate the company, but Money. Taxes and profits are needed. Therefore, the powerful companies and enterprises in the Southwest currently have a large part of the government’s shares behind them. But the government has let the Southwest businessmen take charge of the operation. I guess the Shanghai Publishing House and the Shanghai Education Bureau only need 40.00% Shares, the purpose is estimated to be here. Whoever is the first to invest 200 million, then the management rights of Shanghai Publishing House will be handed over to whom. At that time, we can receive orders from the government, and we can develop our printing factory, paper factory, and ink factory. Wait. I'm going to pay 30."

What Yu Qiaqing considered was the development of the business community in Ningbo.

He hopes to use government orders to benefit all Ningbo businessmen.

"President Yu, I will offer 30."

Liu Hongsheng spoke lightly.

The great development of Liu Hongsheng Company in the past few years has a lot to do with the surge in government orders.Therefore, he is very willing to continue to cooperate with the government to do business.

"it is good."

Yu Qiaqing nodded.

Compared with other people, Liu Hongsheng still has enough courage and vision.Seeing that many people hesitated, Yu Qiaqing said: "Everyone go back and think about it carefully. Give me the answer within three days."

438

"How is the market situation?"

"Some people speculate on the price of gold and silver, but nothing big happens."

Duan Xun is also very concerned about the sudden decision to forcefully implement fiat currency.After all, everyone is familiar with the use of gold and silver for foreign exchange, and suddenly it is necessary to enforce legal currency, and it is not known how much confusion will arise.

The credit of legal currency is not as high as imagined.

If everyone refuses to use legal currency and still use gold and silver for circulation, it will seriously affect the credit of legal currency.If the implementation of legal currency is affected, it will greatly affect the following reforms.

Wang Yongjiang was very calm.

He smiled and said: "Prime Minister, as long as we control food and daily necessities, as well as banks and customs, then even if there is any disturbance for a while, it will not have any impact. As long as we control these things, we will issue Legal currency, they have to use it, and they have to have it.”

How can it be?

Even if you make some rumors, what's the use of speculating in gold, silver and foreign exchange.Banks began to use legal currency, and all the materials needed in daily life needed legal currency.

People's life is basic necessities of life.

As long as the basic necessities of life are controlled, and as long as legal currency must be used in this area, it is only a matter of time before gold and silver withdraw.

No matter how many black market transactions there are, it will not affect the overall situation.

Duan Xun nodded.

The implementation of fiat currency will be a big change for the Chinese economy, and the impact will be very far-reaching.In the past, the use of gold and silver currencies, as well as foreign exchange and banknotes issued by various banks, made China's money market very chaotic.

They don't know the situation of China's economy at all.

Moreover, these currencies can enter and leave the country at will, which has a great impact on the Chinese economy.Just like once too much gold and silver enters China, it will quickly cause inflation.If too much gold and silver flow out, it will immediately hit China's economy.But these Chinese governments cannot control them at all.

The Chinese government has no idea how much currency is in circulation in China.

However, with legal currency, the Bank of China can determine how much currency China has issued and how much currency has been used in the Chinese economy.

In this way, statistics and judgments can be made on the situation of China's economy, including the situation of China's domestic wealth.

Only in this way can China's monetary policy be adjusted flexibly according to the situation of China's economy.Of course, another reason is that if China continues to use gold and silver currencies, it will be affected by the world's gold and silver currencies.

China itself has absolutely no control over its domestic currency situation.

After the introduction of legal currency, as long as the financial door is firmly guarded, then under the current situation, a wall can be built between the Chinese economy and the world economy.

Protect a fragile domestic economy.

Moreover, with the legal currency, according to the development of the Chinese economy, a certain amount of currency can be printed every year, within the range that the Chinese economy can bear.

This can not only fix inflation within a certain range, but also activate the domestic economy.Of course, it can also greatly alleviate the current domestic fiscal deficit.