Chapter 288: Going to Japan
Secretary Chi picked up the newspaper on the table with some doubts, his ability to read English was still no problem, and the first glance was the front page headline of this Wall Street Journal.
"The Plaza Agreement?"
He picked up the newspaper and read it carefully and quickly.
Although Secretary Chi is a Navy soldier, fortunately, the content of this news is not deep, and there is at least no obstacle in reading.
"The United States, Britain, Germany, France, and Japan will join hands to intervene in the currency market and promote the orderly depreciation of the dollar against the world's major currencies?"
Secretary Chi looked confused and asked, "Comrade Xiaohu, does this news have anything to do with the verification ship?"
"The relationship is said to be yes, and it is a book or how to choose the navy. β
Hu Wenhai clicked the newspaper and said: "As early as a month ago, I had already borrowed $300 million from 1BM shares in my hand. The $300 million is now in the currency market, and through guΓ² financial leverage, the exchange rate of the US dollar against the Japanese yen has fallen. For every 5 value of the yen against the dollar, my principal is doubled. β
"Wait!"
Secretary Chi lowered his head and frowned, and couldn't help but recall the financial common sense he knew, and looked shocked: "Doesn't that mean that as long as the yen falls by 5% against the US dollar, the $300 million will evaporate?"
Hu Wenhai nodded, but shook his head again and said, "After the Plaza Agreement, this may no longer exist." β
"But no one in the financial market can say for sure, what if it ......"
Indeed, the financial markets are so treacherous that even the most brilliant economists on the planet, or the most capable financiers, dare not say that they must have manipulated the market.
Even if it is a country-sized attack, there are many examples of failure.
Although the five countries reached an agreement on the depreciation of the dollar, the market denied the account?
No one dares to say for sure until there is no result.
Even the same policy, because of different interpretations that lead the market to two extremes, is not a new thing - the Soviet Union played shock therapy, didn't it just lie in the pit?
So when Secretary Chi Wenhai simply invested 300 million US dollars at a time, he chose a leverage of 20 times.
It's really light that a cold sweat broke out next to him.
"In case of a situation, there is no need for Secretary Chi to worry, let's talk about the situation that is not so in case. β
Old God Hu Wenhai waved his hand, as if he had not worried about this gamble at all: "If the country can agree to go on a verification ship first, I will invest 100 million US dollars a year within two years." This money can be repaid by the navy through guΓ² ocean fishing, or by trading with the Soviet Union, or by choosing a debt-to-equity swap. In the future, if the Type 052 destroyer can be exported to other countries, give me a proportional share of the line. β
"Crazy. It's crazy......"
Secretary Chi really doesn't know how to describe Hu Wenhai's behavior except for such a sentence.
In the 80s, few people in China could understand the exchange rate market.
Hu Wenhai dared to gamble with a huge sum of money like IBM1 and 300 million US dollars.
It can be said that 5 moves are almost just a wave in the foreign exchange market.
With a slight fluctuation, the $300 million is in vain.
If it is an investment controlled by the state, I am afraid that no one would dare to make such a decision.
Hu Wenhai's courage is really too big.
"Secretary Chi, you say, do you agree to this condition? β
Hu Wenhai didn't care.
"I can't make up my mind about this. β
Secretary Chi spread his hands and said helplessly: "Only a chief can make such a determination, but I personally think so." It's not a small chance to agree. β
Hu Wenhai smiled: "That's good." β
"The key is the trend of the dollar exchange rate!"
Secretary Chi reminded: "If you take out this money, of course our navy will be happy to see it." If we can't get this money, I'm afraid that the implementation of this plan will be far away. β
"Don't worry, the results will come soon. β
Hu Wenhai is full of confidence.
As for the next negotiation between Secretary Chi and Korolev, Hu Wenhai can only stand by the side.
But fortunately, the two sides are interested in Lang and concubines, although the navy is "forced to go to Liangshan"
, but I also want big toys.
After all, I don't feel reluctantly wronged.
The first batch of deals changed from duck down to down jackets, a million down jackets, which is almost equivalent to China's down jacket production in the whole of last year.
How to produce transport, how to trade with KGB, all kinds of questions are almost a thousand things.
The original 30 tons of eiderdown can be transported by two trucks.
It can be exchanged for a million down jackets.
How can the logistics pressure be tens of thousands of times stricter?
Although both sides were sincere in the deal, the negotiations were still going very hard.
Fortunately, the two sides of the deal are not Chinese and Russian gangsters, but the dignified Chinese Navy and the Soviet KGB.
Both sides have a lot of resource cards in their hands to play, and the courage to trade is of course even more confident.
The Navy finally decided to transform the three Fuqing-class supply ships as a means of transport, and the three Fuqing-class supply ships will be transformed into ocean-going life supply and offshore processing factories to form an ocean-going fishing service group.
Eventually, the ocean-going fishery sailors rested and vacationed, replenished supplies and purchased fish.
and a full range of distant-water fishing services at the seafood processing plant.
But of course, this group will also take on the responsibility of "exporting" to Romania by the way
The task of the down jacket.
Loaded from a Chinese port, then sailed straight to Romania, unloaded the down jacket, procured supplies, and finally rushed to the world's major fishing grounds, chasing distant-water fishing boats.
This is the future mission of the Fuqing Ocean Supply Ship Group.
By the end of September, Korolev had finally reached a corresponding agreement with Secretary Chi and was content to embark on the train back to the Soviet Union.
Hu Wenhai naturally did not forget his promise, and Tong GuΓ²chi's secretary found a relationship and specially pulled a whole wagon of all the liquor that could be bought on the market.
Korolev, who returned with a full load, smiled and sent him invitations one after another.
claimed that as long as he arrived in Romania, he would be given the "emperor-like treatment"
γ
It wasn't until Korolev was sent off that Secretary Chi breathed a sigh of relief.
Navy, navy, has embarked on a road full of uncertainties ahead.
However, although the future path of the Navy is somewhat confused, the situation in the foreign exchange market is gradually becoming clear.
By the end of September and the beginning of October, the results of the joint intervention of the five countries in the exchange rate gradually became apparent.
The yen is almost like a rocket under the ass against the dollar, climbing one mountain after another.
All downtrends are technical corrections.
When enough energy is accumulated, it will continue to climb to new heights.
In less than a month, the yen has skyrocketed from 250 yen to 235 yen against the dollar, an increase of 5%.
Other words.
In such a short period of time, the $300 million in Hu Wenhai's hands became $600 million.
The efficiency of making money on the currency market was so high that the secretary and everyone who knew the inside was dumbfounded.
The domestic desperate export is only a dozen billions of dollars in savings every year.
But Hu Wenhai just put the money in the foreign exchange market and turned around, and he got a profit of 300 million US dollars.
Like making money is very easy, but think about the risks involved.
There are really few people who dare to learn to do it.
"Comrade Xiaohu, you can close the net-"
Secretary Chi stopped Hu Wenhai at the train station.
After the imperial capital was over, he was planning to go back to Xiucheng.
Secretary Chi hurriedly came to the station, and by the way, he expressed his "Now that I have made a profit of 300 million US dollars, I will accept it when I see it?" β
In addition to the $300 million loan, Hu Wenhai now has another $300 million in mobile funds in his hands, and he can completely start to work on the plan to verify the ship.
The Navy began to be so reluctant, but in fact, he was more anxious than anyone else.
It's simply a model of integrity in the mouth.
But Hu Wenhai knows very well that this wave of market is just the beginning.
The first wave of the yen's appreciation was at least until the end of 1985, when the lowest price reached 150 yen to 1 dollar.
And his psychological expectation of profit is at least $1.5 billion to support his next plan.
The $1.5 billion was used to set up an ocean-going shipping group and acquire Japanese shipbuilders to undertake the transfer of Japan's shipbuilding industry, which was a huge expense.
Not to mention the fab project that is likely to be launched after the year.
And the PI film project that he has in mind, all of which are bottomless pits of funding.
Finally, the replacement of lithium-ion polymer batteries is expected to be a battle in the international market.
And in his plan, a project that he has always wanted to work on, it is expected that preparations will begin in 1986.
The IGBT modules produced by the Bi Ya Di Ning Bo factory are supplied to electric passenger cars, and Hu Wenhai has always hoped to replicate the successful route of Wang Chuanfu.
And to engage in passenger cars and electric vehicles.
From the beginning of the eighties, a foundation had to be laid.
By the 90s, Chinese car companies would be the territory of compradors.
The major state-owned automobile companies can make money lying down just by joint ventures, and who wants to bend down to make money hard.
Shipbuilding and vehicle electronic battery power ...... Hu Wenhai suddenly found that the industries he chose were so familiar?
Isn't this the one of the pillars of South Korea's future industries?
Not to mention, with the geographical location between Bohai Province and South Korea, the strategic layout should have a great similarity.
South Korea's Bohai Province can also develop, but South Korea's current economic level is not even as good as that of North Korea.
Stand on one starting line and run again.
Hu Wenhai didn't believe that he was cheating, and Bohai Province could lose again this time.
"Comrade Xiaohu, Comrade Xiaohu?"
Hu Wenhai shook his head and came to his senses: "Oh, Secretary Chi." How?"
"The chief is already thinking about the verification ship, but if the funds on your side are not in place for a day, the country will not dare to really start investing. Withdraw funds from the foreign exchange market as soon as possible, so that the work can start sooner. β
"Secretary Chi, don't worry, I know what is going on in the foreign exchange market. β
Hu Wenhai smiled, stepped on the ladder of the additional carriage, shook his head and said: "I will withdraw the funds from the foreign exchange market at the end of this year at the latest, and there are still two or three months to go." As if I'm willful, please wait for me this time. β
The announcement that the train was about to leave sounded, and Hu Wenhai hurriedly stepped onto the additional carriage specially arranged for him, and waved to Secretary Chi, who was speechless.
Secretary Chi stood in place and waved goodbye to Hu Wenhai, who was drifting away, but he really couldn't understand how Hu Wenhai's heart grew.
The fluctuation of tens of millions of dollars in the foreign exchange market is random and up, and what a strong nerve it takes to not worry about it!
Hu Wenhai is really a person.
Hu Wenhai is now enjoying the treatment of deputy ministers, and it is the proper meaning to hang a carriage.
Besides, in the 80s, the road construction in Bohai Province was still very poor, and driving home by car was really not a pleasant option.
The nostalgic green car departs in the morning and arrives in the embroidery city from the imperial capital in the evening.
Feeling the familiar smell in the air, Hu Wenhai couldn't help but stretch when he walked out of the station.
"Mr. Hu. Let's get in the car. β
Wang Ye found Hu Wenhai's Poussin from the parking lot and drove over, and Qin Kai opened the door.
As soon as Hu Wenhai sat in the back seat, he couldn't help but burst into pajamas, and he was already asleep before he knew it.
...... It seems that it has never changed, and when Hu Wenhai opened his eyes, he even had an illusion.
He is still that ordinary high school student, and he should be admitted to college this year.
It was just an ordinary morning in his countless ordinary study careers.
It's like the angle of the sun coming in for the past eighteen years, and the morning sun shines on the bed.
The baking people are warm, and the combat power of the quilt monster seems to have increased a lot.
"Brother Hu!"
There was a creak, and Hu Wenhai's door was pushed open from the outside.
Hu Wenhai turned his head, and a little man snorted and pounced on him.
"Lu Jia, it's early!"
"Brother Hu is early!"
Lu Jia flashed his big eyes, curious Wen Hai, and then stretched out his hand: "Brother Hu, where is the gift?"
"Oh. Little money fan!"
Hu Wenhai reached out and pinched Lu Jia's nose, then touched the side of the bed and touched his bag.
He took out a box from it and shook it: "Is it okay for Brother Hu to give you a matryoshka doll?"
Don't ask, authentic matryoshka dolls made in Russia, the top products sent by Korolev.
Layer upon layer of nesting dolls, carefully made by skilled Russian craftsmen.
There is nothing on the market that sells it at all.
is to give the gift of the current eldest brother to his future wife, Hu Wenhai smiled a little embarrassed in his heart, I am afraid that he will have a headache in the future.
"Wow, that's beautiful!"
Lu Jia took the nesting doll and fiddled with it over and over again, playing with relish.
Hu Wenhai lifted Lu Jia up.
I haven't held her for a few months, and when the child grows up, the weight changes really quickly.
No, with his arm strength, it was a little difficult to lift Lu Jialai now.
"Okay, Lu Jia will go out first, okay? Let Brother Hu change his clothes first. β
"Oh, good. β
Lu Jia nodded obediently.
ran to the door, as if he suddenly remembered something, turned around and drove until Hu Wenhai got out of the quilt, and hurriedly covered his eyes with his hands.
"Brother Hu, Mother Xiao told you to come out quickly, there are guests at home. β
After speaking, Lu Jia covered his eyes and ran out.
Hu Wenhai got dressed and came out of the room.
I can't help but sigh a little, I really worked hard, and someone came to the door as soon as I got home.
But speaking of which, as his business gets bigger and bigger, the house in this family is really a bit insufficient.
Who would have imagined that a capitalist with a wealth of more than a billion dollars would live in a wing of a bungalow, and the entire living area would not even be 20 square meters.
Or, it's time to change the house.
Hu Wenhai washed his face and brushed his teeth, and then walked into the living room, and he was an acquaintance at a glance.
"Isn't this Zheng Gong, why is there something wrong in the factory?"
Hu Wenhai was slightly stunned and couldn't help asking.
In the living room of the house, there are four people sitting on the sofa.
He knew two of them, and one was clearly Zheng Lei, who was sent to Dagang Maritime College by Bochuan to invite people.
And the other, he also saw it in the team of the Maritime Academy back then, it seems to be a person named Lu Lin, who should be Zheng Lei's younger sister, and later stayed in school and probably became an instructor.
Seeing Hu Wenhai walk in, the four people on the sofa hurriedly stood up, Zheng Lei smiled: "Xiao Hu always thinks too much, the situation in the factory is very good." The implementation of the general section shipbuilding method has achieved good results, and the efficiency and quality of the factory have been improved a lot. β
"That's good. β
Hu Wenhai held the fried dough sticks with soy milk in his hand, and waved his hand again and again: "Sit, everyone please sit." I haven't asked you yet, who are these two?"
"Oh, this is Director Sun of Dagang Shipbuilding Heavy Industry, and this is his assistant surnamed Liang. β
Zheng Lei hurriedly introduced.
"Assistant Director Sun, I'm sorry, I haven't eaten breakfast yet, so we can only chat while eating. β
According to Hu Wenhai's estimates, he may not even be forty years old, but he can achieve the position of director of such a shipyard?
It's kind of unbelievable.
He wore a proper suit -- which seemed to be quite an easy thing in China at this time.
The man was white, tall, thin, and wore a pair of round-rimmed glasses on his face.
He looks very learned.
The speech and demeanor are also relaxed, which makes people feel some good feelings.
"It was we who came too abruptly and caused trouble to Mr. Hu. β
Director Sun smiled apologetically: "It's really a last resort, and there is no way to delay it anymore." β
"Oh?"
Hu Wenhai clapped his hands after eating the fritters, nodded and said, "Director Sun has anything to say, just say it, I'm not old, I'm embarrassed." Not very accustomed to state-owned enterprises talking around the bush. β
People rely on the old to sell the old, and Hu Wenhai can be regarded as relying on the small to sell the small.
That is, Dagang Shipbuilding Heavy Industry has its own requirements.
He didn't bother to go and say hello.
Director Sun smiled helplessly, so he had to nod: "Then I'll say it directly, I came today to ask Mr. Hu about the shipbuilding method of the general section." In addition, I also want to ask Mr. Hu to save our Dagang Shipbuilding Heavy Industry. β
"Why, Dagang Shipbuilding is interested in introducing the general section shipbuilding method?"
"We are more interested in the general section of shipbuilding method, and we have long heard the students of Dagang Maritime College talk about this technology, but it is hard to believe that there will be such a good technology if we have not seen it with our own eyes!"
Director Sun sighed, shook his head and said, "But our Dagang ship is now at a critical time. This can only be postponed. β
"The Dagang ship is having a hard time again?"
Director Sun nodded with difficulty and sighed: "It's not necessarily true to say that life is not good, on the books, our Dagang ship weight is still profitable." But in reality, we're on the verge of being overwhelmed. β
Hu Wenhai put down the soy milk he had drunk half a bowl of, raised his eyebrows, and suddenly asked tentatively, "Triangle debt?"
"Oh?"
Director Sun glanced at Wen Hai in surprise.
nodded and said: "Mr. Hu is really keen, and it is indeed a triangular debt." We had three ships built, but the shipping company couldn't pay for it. If the township enterprises at the bottom do not pay them transportation money, they will not have the money to pay us for the project, and we will not have the money to pay the upstream enterprises. Although there is still money on the books, in fact it is already poor. β
"Hmm. So what can I do?"
Hu Wenhai's voice was calm, this Director Sun would not be whimsical, thinking that I had money here, and came to me to borrow money, right?
"That's the case, I heard that Mr. Hu has a lot of ways in international trade, so now I have an opportunity to ask Mr. Hu to help us. Here's the thing. Recently, Japan held a ship consolidation fair, which was attended by many shipowners from all over the world. We hope to get a few foreign trade orders, so ......"
"That way, you will be able to weather the crisis with a letter of credit loan. β
Hu Wenhai simply pointed out Director Sun's thoughts.
The so-called letter of credit is to "mortgage" the foreign trade order contract
It is an operation mode to give the bank, borrow money to buy and start work, and then export the goods and then repay the bank money.
That is to say, as long as a person has a foreign trade order in his hand, even if he does not have any money, he can start construction with a loan from the bank with this contract alone.
Of course, in the specific operation, the "play" of the letter of credit
There are many people who do foreign trade honestly, and there are also people who lend out their money and don't necessarily use it for anything.
After all, as long as the foreign trade contract and letter of credit keep up, the maximum 180 days of letter of credit, the manufacturer and the foreign trade company do a little ghost, borrowing a position for two or three days, it can easily become a loan for one year or two years.
Director Sun smiled awkwardly and hurriedly said: "What Mr. Hu said is that the main problem of our Dagang ship is triangular debt. With the money from the letter of credit, it is possible to organize production again. Besides, you don't have to worry about the other party's ability to pay for foreign trade, so that you can hope to pay off the triangular debt little by little. β
"And you want me?"
Hu Wenhai was thoughtful.
"I'm here to learn from Mr. Hu, how to deal with foreigners at this order meeting, we don't have any bottom in our hearts. As long as Hu can always give us some advice, we will be ready to go to the battlefield. β
Hu Wenhai suddenly waved his hand, blocked Director Sun's words, and said simply: "That's it, I'll go with you." β
"Huh?"
Director Sun was stunned.
(To be continued.)
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