Rebirth of the Financial Overlord

At seven o'clock in the evening, Thailand's Finance Minister Kasong presided over a global economic development conference.

The new finance minister delivered a series of speeches to a blaze of flashing lights.

The Bangkok Offshore Financial Center will be officially announced in October. Thailand welcomes investors from all over the world to Thailand based on the principle of fairness and justice. According to the new offshore financial rules, the Bank of Thailand will no longer conduct any foreign capital control, allowing all Investors are involved in securities and real estate investment.

Moreover, the Central Bank and the Administration of Foreign Exchange will fully liberalize foreign exchange controls, allowing foreign investors to trade Thai baht futures and options in offshore financial centers.

The finance ministries and central banks of various countries are more stupid than the other.

The European economic system is in turmoil. This is undoubtedly a once-in-a-lifetime opportunity. As long as it can absorb European capital, it will bring about a qualitative change in the economy.

Almost at the same time, Malaysia, the Philippines, and Indonesia held press conferences in different forms. The speeches of each country were different, but almost identically expressed their welcome to foreign investment and the liberalization of capital controls and financial markets.

I think everyone knows the reason for this meeting, but I don't know if you have any opinions.

I think this is a once-in-a-lifetime opportunity. The forced exit of the pound from the ECU means that there is a problem with the development of the European Community. If we can attract these capitals to invest, it will be very beneficial to our current economic development.

But we can't come up with the conditions to attract foreign investment. Thailand, Malaysia, the Philippines and Indonesia all have fixed exchange rates. Now they have fully liberalized their financial markets, which is more attractive than our mainland.

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Huaxia, the imperial capital.

After receiving news from Europe, a high-level seminar was urgently held.

From the changes in Eastern Europe to the current chaos in the entire European economic system, everyone can see that there are huge opportunities in this.

As long as you grasp it, not to mention achieving a qualitative leap, at least the domestic economy will change a lot because of it.

But if you want to attract capital, you need enough attractiveness. The country implements a dual-track currency system, which means that you can only leave in the form of discounts if you make money. Undoubtedly, it is too lacking in terms of attractiveness for other countries.

I think the merger is more in line with our needs, and only the merger can attract more investors.

But there are too many people going abroad now. If the two countries are merged, our current foreign exchange reserves will not be enough to support the exchange rate issue.

But the Thais have fully liberalized the financial market, and they have an advantage over us.

Director Sun, what did your foreign exchange bureau say?

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A blush appeared on Sun Liancheng's face after being named, and he met the minister's eyes with some excitement.

This, although there is still pressure, but I think you can give it a try.

Hehe. You kid is also playing tricks, tell me honestly, is there something you haven't reported yet?

this.

Fart, blah, blah, blah, blah, blah, blah, blah, blah. I'm waiting for you.

It's like this. Under my instructions, a young man in our bureau sold 20 million US dollars in British pounds in the international financial market. Now that the pound has depreciated so much, I reckon he should have earned a lot of foreign exchange for the bureau.

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The people present were like shocked ducks, staring blankly at Sun Liancheng who didn't know when he puffed up his chest. We were all old acquaintances, and no one knew that if Sun Liancheng said he made a lot of money, he probably made a lot of money.

Why didn't you report this matter?

Where did you get so much capital in your bureau?

How much did you earn?

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The rush of inquiries made Sun Liancheng suddenly at a loss as to who to answer.

Old Sun, you are trying to kill me in a hurry. Say it quickly.

I haven't had time to repay this matter yet.

Where did you get twenty million dollars?

Some time ago, patriotic businessman Shen Jiannan donated 10 million U.S. dollars to Huahai University. I thought that the money would be useless in the school, so I just

Who is this Shen Jiannan?

He is a student of He Yuanchao, who used to teach in the Department of Economics and Finance in Huahai.

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The atmosphere in the arena suddenly stopped.

The name He Yuanchao made many people who knew about Hua Hai's dispute fall into silence.

But not everyone knows about Hua Hai. Some people have been waiting for a long time, and have to ask the most critical question again.

Old Sun, don't squeeze every word like you squeeze sheep dung, how much foreign exchange did you earn in the bureau?

this.

Old Sun, believe it or not, I'll cut you right back.

Not much, just twenty million dollars!

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Twenty million dollars.

Such a large number shocked everyone present.

Twenty million dollars earned twenty million dollars, so can you exaggerate a little more.

Old Sun, are you kidding me?

How can this be?

Twenty million dollars to make twenty million dollars?

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Facing the shock of his comrades, Sun Liancheng also sighed endlessly. When he heard the news from Hong Kong, his reaction was more intense than these comrades.

How dare I joke about this kind of thing. It's true. I've confirmed it with Xiao Sun.

Who is Xiao Sun?

A college student in our bureau. By the way, his teacher is the patriotic businessman Shen Jiannan, who is Lao He's disciple.

Good guy, old grandson, when did you poach Lao He's disciple and grandson?

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As Sun Liancheng briefly told the whole story, everyone's attention returned to the topic discussed earlier.

Then this is indeed an opportunity for us. With the support of these foreign exchange reserves, the merger should not cause too many problems.

However, if they are merged, the renminbi will probably depreciate severely.

Depreciation is not necessarily a bad thing. If it depreciates, our products will be more competitive.

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However, the financial market cannot be fully liberalized. Since ancient times, yin and yang have been opposites. If there is a good side, there must be a bad side. The domestic financial market has just started, and we have not understood many things. If we rashly open the financial market , is likely to bring some uncontrollable hazards.

I agree with Lao Liang's opinion.

However, if the market is not liberalized, how will foreign capital be attracted?

Sharpening a knife is not a mistake in chopping firewood. We can first figure out the nature of finance and then gradually open it up.

The thing about merging?

It's not urgent. The situation of the pilot project in Coconut Province is beginning to emerge. We can gradually promote the improvement of the labor force and the stability of social security. For development, without a stable basic market, everything is empty talk.

Old Sun is right. With such a big opportunity in front of us, other countries will definitely not watch it. We can learn from experience.

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All the people are human beings, and no one understands what the other means.

The Soviet Union's sign is still there. At that time, who would have known that the great opportunity was full of poison. Now the opportunity is an opportunity, but who knows if it will be poisonous.

If someone goes to try the poison, it will be more at ease.

hey-hey.

Everyone at the scene looked at each other and all laughed wickedly. Since the four little tigers want to try first, let them try first. The reverse deduction is the most logical way to learn from them. There are disadvantages.

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