Rebirth of the Rising Sun

The rest time was fulfilling, and so was the work. As time was getting closer, Feng Sizhe was stepping up his efforts to raise funds, and was keeping an eye on Soros, the financial tycoon, through Alena.

Upon observation, it was found that Soros' Quantum Fund had indeed made some moves in recent times. Even Elena on the other end of the phone had to admire Feng Sizhe's keen observation of international economic development. Out of curiosity, she asked Feng Sizhe more than once how he knew these things were going to happen. Feng Sizhe simply told the other party a more mysterious answer, which was that it was a secret.

On July 1, 1997, the Republic successfully recovered Hong Kong. This world-renowned action also told all countries in the world that the Republic had washed away a century of history of being bullied. From now on, no one can infringe upon the sovereignty of the Republic, otherwise they will fight back with the whole country's strength.

Facing this world-renowned event and the cheers of his compatriots, Feng Sizhe just smiled happily. He had known about this incident for a long time and was not worried about any other episodes. At this moment, he was paying attention to Thailand. Because not long ago, Soros had already launched an attack on Thailand's foreign exchange with a huge amount of money. If nothing unexpected happens, tomorrow will be the day when the Thai baht changes. Always paying attention to the latest information from Alina, Feng Sizhe had already asked Tangsheng Head Office to rush into the Thai foreign exchange market with huge funds in various ways. It was just that because the funds were divided into countless parts and were too scattered, even Soros did not pay attention.

The next day, Thailand announced that it would abandon the fixed exchange rate system and implement a floating exchange rate system, which triggered a financial storm throughout Southeast Asia. On the same day, the exchange rate of the Thai baht against the US dollar fell by 17%, and the foreign exchange and other financial markets were in chaos. Under the influence of the fluctuations of the Thai baht, the Philippine peso, the Indonesian rupiah, and the Malaysian ringgit became the targets of attack by international speculators. In August, Malaysia gave up its efforts to defend the ringgit. The Singapore dollar, which has always been strong, was also hit. Although Indonesia was the last country to be "infected", it was hit the hardest. In late October, international speculators moved to Hong Kong, an international financial center, and pointed their spearheads at Hong Kong's linked exchange rate system. The Taiwanese authorities suddenly abandoned the exchange rate of the New Taiwan dollar, which depreciated by 8% in one day, increasing the pressure on the Hong Kong dollar and the Hong Kong stock market. On October 10, the Hong Kong Hang Seng Index fell by 3 points; on the 46th, it fell by 10 points, falling below the 23-point mark.

Hong Kong, which had just returned to the embrace of the motherland, had suffered such a blow, which made many people think that this was a long-planned move. The top leaders of the Republic immediately issued an important instruction, that is, at all costs, Hong Kong's current exchange rate system must not be changed. No matter what, this economic battle must be won, so that everyone in the world can see that with the support of the Republic, Hong Kong will only become more and more stable and prosperous.

There is no doubt that this important task was entrusted to Comrade Bao Jingguo. He was sitting in the spacious office, looking down at some documents with a frown on his face.

This time Soros came with great momentum. Under his leadership, many other funds followed suit and made great profits during their trip to Asia, making this source of funds bigger and bigger, so big that even Comrade Bao Jingguo had to sigh that there were so many rich people in the world.

The reason why things turned out like this, becoming even more serious than the financial crisis in the previous life, was also the result of Feng Sizhe's efforts. Because he had been prepared for a long time, when Soros took action, he asked Tangsheng Head Office and the money raised by the young masters to follow up with all their strength, so that the losses of Southeast Asian countries were even greater. Under this, more and more international followers followed suit. With more people in the previous life, there was a lot more money, and the consequences would be more serious.

Feng Sizhe certainly understood this, but he still did it for one reason: he wanted to use this financial crisis to make other Asian countries fall even harder, so as to create more precious time for the Republic to fully develop its economy. Now it seems that he made the right move. Those countries hit by the financial storm suffered heavy losses, and many countries may need a longer time to restore their national economies.

Sitting in the office, he was a little overwhelmed. The amount of international hot money this time was quite huge, so huge that even he, who was in charge of a country's economy, had a headache. To stop them, he would have to spend more money to stop them, which was equivalent to taking greater risks. If he won in the end, it would be fine. If he lost, losing his official position would be a small matter. What he could not forgive himself for was letting down the country. So, sitting in the office chair, he kept flipping through various materials, making statistics in his mind, and drinking cups of tea.

"Commander, you have been reading documents for more than three hours in a row. You should take a break." Deputy Secretary-General Ding Deren walked to Bao Jingguo and gave him another cup of hot tea.

"Oh." Bao Jingguo agreed, but his body did not move. His eyes were still staring at the document. Now there was no more time for him to rest. He needed to put in more energy and effort.

"Chief, take a break. A few minutes won't hurt. If you overwork yourself, you'll suffer." Seeing that Bao Jingguo didn't listen to him, Ding Deren walked over and took the documents on the table to the side. This was only possible because Ding Deren had been with the chief for a long time, so he dared to do this. If it was someone else, he wouldn't dare to do it even if he had the courage.

The file was put aside and there was nothing to read for the time being. Bao Jingguo had no choice but to stretch and stand up to stretch his body. "Okay, I'll listen to you and take a break. But it's agreed that it will only take five minutes at most. I still need to read the information later. The current situation does not wait for anyone."

"Okay, let's take a five-minute break. But, Commander, is the situation really that serious?" Ding Deren was very happy to see that the Commander agreed to take a break. But seeing that he looked worried again, he couldn't help but ask.

"Yes, it is not optimistic. This economic battle is actually the same as war, but it kills people without bloodshed. Our opponents now are the bosses with a lot of international capital. They seem to have reached a tacit understanding. First, they swept the economies of Southeast Asian countries and reaped rich rewards. This made them taste the sweetness, so they became bolder and even tried to attack our country. In war, this can be called coming prepared and winning with momentum. It is obviously unwise to fight with people at this time, but the current situation leaves us with no other choice, so this is difficult." When talking about the current economic situation, Bao Jingguo used the methods of war to vividly compare. "It seems that we are in a hasty battle now. It is obviously not advantageous to fight without preparation."

When Bao Jingguo mentioned that he was not prepared, Ding Deren's mind flashed, because he suddenly thought of Feng Sizhe's proposal years ago. At that time, he proposed that it might not be long before a big financial storm would appear in Asia. At that time, there were too many things to do, and he was busy with the many problems of recovering Hong Kong. In addition, Comrade Deren's health was extremely poor, so he took the initiative to withhold the proposal and finally gave it back to Feng Sizhe. In short, it has never been handed over to the leader. Now it seems that this young man has vision. His vision is so far-sighted that he can predict everything. Does it mean that he has been prepared for a long time, or maybe he has a way to deal with it? Thinking of this, he looked at Bao Jingguo who was standing by the window and looking into the distance, "Chief, maybe... maybe someone has been prepared for it?"

"Hmm? What do you mean?" Ding Deren suddenly asked this question, leaving Bao Jingguo somewhat confused.

"Oh, I mean, some people actually anticipated what happened today. They submitted a report like this more than half a year ago, saying that our government has already controlled the economy. But at that time, because of some other things, I suppressed the proposal and finally gave it back to that person, because I thought it was nonsense and was afraid that the proposal would affect the decision of the chief, so I didn't report this matter to you. You see..." Ding Deren slowly lowered his head. After all, he really suppressed the proposal at the beginning. In fact, he did it for Feng Sizhe's good at the time. He didn't want this proposal to affect the young man's career. After all, the whole country was calling for a big step forward in economic opening, and he did come up with a statement to tighten the money supply. Isn't this going against everyone's trend? This is how it is in the officialdom. Even if you are right, you will not get any benefits in the end because your ideas are too isolated.

"What? If there is such a thing, then the person who proposed the proposal should be from our State Council?" Bao Jingguo became interested when he heard that someone had predicted this would happen more than half a year ago. If this is true, then this person must have thought about it for a long time. After thinking about it for so long, he should have a very good way to deal with it. If he can have a good talk with this person, maybe he can find a solution to the problem. This may be the turning point of things.

Seeing the leader was somewhat excited and anxious, Ding Deren nodded and said, "Yes, leader, the person who proposed the bill is a comrade from our State Council."

"Haha, great, hurry up, call this person over here, I want to see him, I want to discuss with him what to do next." As if he had found a solution to the problem, Bao Jingguo excitedly waved at Ding Deren, asking him to do it quickly. "Oh, by the way, who is this person?" With a hint of curiosity, Bao Jingguo couldn't help gossiping.

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Thanks to xuhongxi000 for voting for the genius, thanks from the prodigal son!!!