Cao Mo still wanted to go to Tianyue headquarters the next day, meet with the domestic team first, and then visit the real estate recommended by Chen Chang in the afternoon, so as to have a more intuitive impression of domestic real estate development and property market development, but as soon as she sat down in Song Yuqing's office, her feet just stilted to her desk, and Ge Jun's phone called.

Today, TK Securities happened to hold an investment forum with several other securities companies and financial media in Xinhai. Since Cao Mo returned to China this time to discuss investment matters, Ge Jun invited him to the scene to first feel the cognition and judgment of domestic scholars and senior practitioners on the current economic and investment situation.

Cao Mo has not participated in similar activities, and Ge Jun said that the invited attendees are all well-known domestic economists and senior practitioners, and they are somewhat interested.

Song Yuqing didn't like to show her head, so Cao Mo grabbed Chen Feng and Zhou Han and rushed directly to the International Conference Center where the Economic Forum was located.

The scale of the forum is not small, the international conference center is located on the Changyan Road has a considerable length, on both sides of the lampposts are hung "2008 China Investor Forum Conference" banners, but also invited to attend the well-known guests portraits and profiles are printed on it, there are several figures, Cao Mo also often see their comments on some portals.

The event will be attended by officials from the Xinhai City Government, and arrangements must be made before entering the parking lot, and Cao Mo and his team did not have an invitation letter, so they were stopped outside the gate by security guards.

Cao Mo was about to take out his mobile phone to contact Ge Jun, when he saw Chen Chang, who was wearing a gray skirt, walking over from the shade next to the gate, looking into the car with some hesitation.

Cao Mo pressed the window and asked, "Why are you here?"

Chen Chang said: "The event is hosted by our Dongjiang Securities, I am a staff member - Mr. Ge is receiving the guests who have just arrived, and he can't get out, I'm afraid that you won't be able to enter the venue, so let me wait here for you ......to come over."

The scope of the International Conference Center is relatively large, so Cao Mo got out of the car directly with Chen Feng and Zhou Han and asked the driver to drive the car to the parking lot, but how to introduce Chen Feng, Zhou Han and Chen Chang next, he had a headache.

Zhou Han is also too eye-catching, Cao Mo doesn't need to have much keen intuition, seeing Chen Chang's eyes looking at Zhou Han, she knows that she is speculating about his relationship with Zhou Han in her heart, I don't know if she will turn her head and report to Cheng Xi?

"Manager Chen, hello, I am Mr. Cao's assistant Zhou Han, we are meeting for the second time, this is Chen Feng, the president of Tianyue Investment - we have been following Mr. Cao for several years. Zhou Han was generous and stretched out his hand to Chen Chang first, and introduced Chen Feng by the way.

The first time Chen Chang and Zhou Han met was on a cruise on the Qingtang River on Chinese New Year's Eve last year.

However, at that time, she had just broken up with Ding Xuerong, and accompanying her parents was the most embarrassing time in her life, and at that time, in order to facilitate everyone to watch the night scene, the lights on the cruise ship were dimmed, Chen Chang really didn't see Zhou Han's face clearly, and he didn't leave any impression.

At this moment, Zhou Han, who saw a palm-sized face and delicate facial features, stretched out his hand to her and said that they would meet for the second time, Chen Chang was stunned, and he couldn't remember where he had met, thinking that the woman in front of him was not slightly worse than Cheng Xi, and her appearance was even more aggressive than Cheng Xi, who had a quiet personality.

"On the Chinese New Year's Eve cruise, Mr. Cao was still relatively low-key at that time, and I didn't want to be too public, and I could only pretend to be Mr. Cao's colleague in Dongsheng. Zhou Han saw the confusion in Chen Chang's eyes, and continued to remind her with a smile.

Sister Nun, you are inconspicuous, how many women in the world have to splash their eyes with sulfuric acid?

"So, I remember, the light was too dim at that time, don't talk about me, Cheng Xi didn't see Mr. Cao's colleague so beautiful, right?" Chen Chang was also sharp-tongued, and quietly brought out Cheng Xi's name, wanting to see if the woman in front of him knew how deep the relationship between Cheng Xi and Cao Mo was.

"Let's go in, don't let Mr. Ge wait long. Cao Mo had a headache and urged everyone to go to the venue and not to stand at the gate.

Coincidentally, I just walked into the venue, but I saw Zhou Bin of the interbank department of Xinlian Bank, who had just eaten at the same table yesterday, and walked in with a guest card around his neck.

"Mr. Cao also participated in today's forum activities, and he will give a keynote speech later?" Zhou Bin asked after a pause.

The level of the investment forum seems to be very high, but it is mainly attended by experts, scholars and senior practitioners, and the real bigwigs with a net worth of hundreds of millions of dollars do not have rich theoretical experience, except for the opening or closing ceremonies, they generally do not participate in the specific discussions in the branch venues, and of course they will not sit on the cold bench under the stage.

"I don't have any speeches, I just come to feel the atmosphere, and there is very little participation in domestic events. Cao Mo said with a smile, introducing Chen Feng, Zhou Han and Chen Chang to Zhou Bin.

Cao Mo and they intervened temporarily, and met Ge Jun, he didn't want to be arched on stage to give a speech or participate in a seminar, and after saying hello, they went to the corner of the venue to find a seat and sit down, and they didn't think about letting the organizer hurriedly adjust the seat to sit in the front row.

At today's sub-forum, Ge Jun had a keynote speech at the beginning of the forum, which is also the reason why there are more staff members of Dongjiang Securities.

Ge Jun's speech was also mainly aimed at the investment strategy under the new situation of the contagion of the subprime mortgage crisis and the contraction of the monetary base.

Ge Jun's speech was decent, which is also a figure like him to the outside world, as well as to obtain investment

The conservative measures taken by the trust of people are unlikely to have deeper and sharper private exchanges anyway, but the analysis of the current problems is relatively systematic, which also makes Cao Mo feel that this trip is in vain.

After Ge Jun's speech, he personally served as the moderator, and invited nine special guests to sit on the stage in turn to discuss topics such as domestic economic development, which was quite enthusiastic.

There were so many guests on the stage, Cao Mo also knew Ge Jun alone, and the others listened to Ge Jun's personal introduction, and they all had a bunch of bluffing titles; Zhou Bin was not qualified to take the stage, but sat in the front row as an important guest to listen......

"The World Bank has recently put forward the concept of the 'middle-income trap', which clearly states that middle-income economies are unable to compete with low-income countries in terms of labor costs and rich countries in terms of cutting-edge technology development, and often fall into a period of economic stagnation, so that they cannot rank among high-income countries - and the reasons for this phenomenon are many. Bureaucracy and polarization are serious, vested interest groups monopolize most of the country's wealth, a large number of unrestrained image projects lead to large-scale extravagance and waste, the people's living standards cannot be improved, the domestic market will never be developed, there will be no motive force for industrial upgrading, and the economy can only rely on exports. Although the World Bank report does not explicitly mention China, China should officially enter the 'middle-income country' this year, and I believe that all of you here should also feel familiar with these many phenomena. In the last two months, the export data has been a bit pessimistic, which is also a manifestation of the biggest drawback of the economy of middle-income countries that are overly dependent on exports.

"In the past 20 years, China has developed low-end manufacturing industry and made remarkable achievements, and low-end manufacturing can indeed bring middle income, which is also proven by many countries around the world, but it is extremely difficult to get rid of the vicious circle with the pollution beam, low quality and low price brought about by low-end manufacturing. At present, the state proposes to develop science and technology to solve this problem of sustainable development, but the key high technology is not something that can catch up with it in decades......"

"In recent years, all parts of the country have carried out the construction of new urban areas, completely ignoring the actual needs of the market, all spread the pie, the scale of the city is not 10 percent, 20 percent of the development, but the desire to double and triple in ten years, the development of a large number of real estate, housing prices are also the same day a day, housing price to income ratio is far more than developed countries in Europe and the United States. There are more than 20,000 new buildings outside the new overseas ring road, and I am very curious whether the vast majority of people in Xinhai are still working-class, and they receive a salary of four or five thousand a month or even less, and they still have to support themselves for the elderly, and why do they buy houses, and who do they build so many houses to sell to? How many sets can they sell to a handful of rich people? Why don't you want to think about it, the developed countries of Europe and the United States have accumulated a foundation of two or three hundred years, and have developed to the scale of this year, why does China want to catch up in 30 to 50 years?

"There is also some blind optimism on the Internet that China's GDP will catch up with Japan by 2030. Yes, according to the economic growth data of the two countries in the past 10 years, this conclusion seems to be reliable, but the key reason is why we believe that China will be able to maintain such high-speed development in the next 20 years, while Japan's economy will always fall into a trough? It is not possible to blindly compare the data mechanically without analyzing the development potential of the two countries at all. When it comes to development potential, most of China is not as good as India......"

These arguments really made Cao Mo dumbfounded.

He spends most of his time in Africa, but in order not to lose touch with his country, he has always paid attention to domestic Internet portals and several important forums, especially the BBS forum, which is filled with too many negative arguments, but he has always thought that forums are mainly a place for young people to speak.

In China, regardless of urban or rural areas, the vast majority of young people have entered the real society from the era of enthusiastic students full of illusions, and both their income and jobs are in a lower position in the social class, and at the same time they have begun to come into contact with the real side of society that is not so good, and the psychological gap is huge, and it is inevitable that they will form indignant feelings.

This phenomenon is also evident in Draculamo, the most prosperous city in West Africa.

When it comes to the middle and upper classes in China, Cao Mo's contact area is relatively narrow, Dongsheng's middle and high-level leaders, Ding Zhaoqiang, Qian Wenhan, Ge Jun, and even Han Shaorong, Lu Jianchao, and Taihua's Huang Hebin and Yao Haiming, they have more contact with the dark side, but their views on the country are still positive.

Cao Mo did not expect that most of the scholars with various titles and senior practitioners of financial and securities institutions at today's forum would be pessimistic about the future development of China.

In addition to the guests who were expressing their opinions fiercely on the stage, Cao Mo also saw the looks of the audience in the audience, listening to what they said and speculating on what they were thinking, as if China was not as good as Kanem.

"Mr. Cao rarely participates in such forums in China, right?" In the middle of the forum, Zhou Bin sat in the corner from the front row and asked with a low smile.

"Didn't attend. Cao Mo smiled.

"How do you feel?" asked Zhou Bin.

Cao Mo could see that Zhou Bin still agreed with the negative arguments spoken by those guests on the stage, and of course he would not think about convincing Zhou Bin or debating with Zhou Bin.

To tell the truth, a group of people on the stage are well-dressed, all of them are very famous, and they are spitting out words that sound very powerful, which is too confusing

Chen Feng's expression was also a little confused, and he should have felt that China's current problems were too serious to see the future.

In the face of Zhou Bin's inquiry, Cao Mo could only smile vaguely: "I was born in the wilderness, I have some achievements in Africa, and I have come out recklessly all the way. ”

Cao Mo and Zhou Bin are not so familiar, and he has some things to communicate with Ge Jun in depth, so he said goodbye to Zhou Bin after the seminar and walked outside the venue with Ge Jun.

"How do you feel?" Standing in the aisle smoking, Ge Jun asked the same question.

Although Ge Jun was on the stage just now, as the host, he was responsible for throwing out questions and guiding others' questions, but he himself did not reveal his true thoughts to the outside world.

"I just learned that China is inferior to Africa!" Cao Mo shook his head and smiled bitterly, "No, these people represent the real level of the domestic economic community, right?"

"Many scholars in China are okay in their respective professional fields, but when it comes to the overall economic development, they are easy to be led by European and American research theories. Institutions and scholars in Europe and the United States do not have a deep understanding of East Asia's culture, economy, and even institutions, but consider it from the perspective of treating others from their own perspective, which is inevitably inaccurate," Ge Jun said.

"I don't think that's the case," Cao Mo shook his head and said with a wry smile, "We have been staying in West Africa, which is very backward in all aspects all the year round, and after having a comparison, it is easier to see the benefits of the country; I just heard that some people have argued about the inferior roots of the nation, and I am very curious, this so-called professor has not read the colonial history properly, and they know what the inferior roots of the nation are?"

"Although I don't agree with some of the arguments, chasing up and down in the stock market is a commonality, and not everyone can be immune to it. Ge Jun said.

Cao Mo nodded, Ge Jun still tended to think that all pessimistic perceptions of the situation would drive the situation to develop in a worse direction, and he still advocated holding the currency at this time, at least waiting until the situation showed new signs of reversal before making a move.

In general, Ge Jun's proposition is correct, but industrial investment and stock investment are not the same concept.

Wait and see, after the signs that the securities market has indeed reversed, the move is extremely fast, and even only a few orders can complete the transformation from short selling to buying long.

Brick-and-mortar investing is much more complex and the process will be much longer.

Sun Hung Investment and Xinhai Gold invested in the Wusan River project, and the Yibogu Mining and Akwa authorities did not set up a single obstacle, and it took half a year from contact to the final completion of the capital injection.

Regardless of the previous entanglements, the cooperation negotiations with Dongsheng Real Estate obviously cannot wait until the situation takes a turn for the better.

Of course, Ge Jun and Qian Wenhan don't have much friendship and involvement with Dongsheng, and they can continue to sit idly by in order to force Dongsheng to spit out more benefits.

Cao Mo thought for a while, and said to Ge Jun: "I don't agree with a lot of arguments in the venue, but if I want to use any advanced theories to refute them, I don't have this level, my time in China is also short, and the good aspects and disadvantages of the domestic economic and industrial development, my observation will definitely not be profound." However, in terms of the efficiency of domestic development and construction planning and implementation, I think this aspect is difficult for other countries to match, and if the situation really deteriorates to a certain extent, I also believe that the speed of domestic reversal will be very rapid - I don't think we should wait for the signs to be clear before starting, in that case, the timing may be much later. ”

"Oh, what do you think?" asked Ge Jun with great interest.

Cao Mo frowned slightly, there were some things he knew in his heart, but he couldn't say it.

He promoted the construction of the project in Kanem, in Benin, and in Akwa, relying on his almost telepathic terrifying instincts, when organizing and selecting partners in manpower, he eliminated many hidden dangers and obstacles that might arise in advance, and used the most suitable people as much as possible in each position, which had jaw-dropping efficiency and speed.

However, in so many domestic project constructions, there is no manager with almost extraordinary abilities like him, but he can generally do it efficiently and quickly, such organizational and executive capabilities, isn't it shocking enough?

Before the venue just now, there were a lot of various arguments, but no one stood up to affirm the huge advantages of China in this regard, Cao Mo felt a little incredible.

In the past two months, Cao Mo has communicated a lot with Ge Jun and others, and has also observed the changes in the financial markets in Europe and the United States, believing that the domestic economy is likely to deteriorate due to the spread of the subprime mortgage crisis, but the difference between his views and Ge Jun and others is that Ge Jun and others believe that the process of reversing the situation will be relatively slow, and they are not impatient, and he thinks that the domestic situation is more likely to be reversed very quickly because of the efficient organization and execution ability from the central government to the grassroots level......

Because this judgment involves his own biggest secret, and he can't tell anyone, in the face of Ge Jun's questioning, Cao Mo can only shrug his shoulders and say: "It's just some empirical understanding, to expand it, it's really a bit blind - Dongsheng, since I'm back, I'll talk to Ding Zhaoqiang first, Dongjiang Securities and Lao Qian, you look at the conditions and time I talked about, and then make a decision......"