Chapter 183: The Plaza Agreement

The tenderness of the sea bass and the smoothness of the custard make for a wonderful taste.

Then I picked up the small fish in the cup with chopsticks and put it in my mouth and gently ......

I don't know how to describe this taste.

The army ate the sea bass with only one bite.

While eating, he nodded: "This thing is okay, delicious, but too little." ”

Fan Yang smiled: "Of course it's delicious, when Qianlong ate sea bass, he called it the first dish in the south of the Yangtze River, the first of the four major freshwater fish in China, and you have at least one or two thousand yuan for this in your bowl." ”

The army said, "One or two thousand?

"Of course, this sea bass is very famous, and it's rarely caught. ”

Seeing that Fan Yang knew the value of sea bass, Kato Ping said: "Fan Jun has a wide range of knowledge, and it is also thanks to your mouth, it is indeed not easy to eat it." ”

"Thank you for your hospitality, be sure to appreciate your face another day, and I'll invite you again. ”

"Okay, I'll just wait for the invitation. ”

After the Songjiang sea bass egg custard, the plate is removed.

Another plate of steamed sea bass.

It's still the length of an index finger, like a large tadpole.

Kato spread his hands evenly: "Ulva sea bass, Fan Jun, please enjoy the food." ”

On the surface, the fish looks ordinary, and it looks a bit like a scavenger.

But when you eat it in your mouth, it's extremely tender.

Kato Ping approvingly: "It's the first time I've tasted China, and it's worth the trip." ”

Entertaining himself with two sea bass, Kato Ping is generous enough.

"In our book, the sea bass is also very famous, and in our book we call it Nixon fish. ”

"Yes. ”

Kato Ping said: "Yes, when Nixon visited China, there were a total of eight treasures and eight lamps on the menu of your country, one of which was this Songjiang sea bass, President Nixon was full of praise after eating, and it reached the ears of Queen Elizabeth, when Queen Elizabeth came to China in 86, she asked about this fish, but the season was not right, your country sent hundreds of fishing boats, and caught three days in a row, and did not catch a single one, and the Queen of England returned with regret, and it was really lucky that we could taste it." ”

On the Chinese wine table, it is inseparable from shouting five and drinking six, competing to pour wine.

Fan Yang didn't like this set very much.

And the feeling of this cuisine is actually quite good.

I just don't know what Kato's intentions are.

After eating the sea bass, I served a charcoal-grilled matsutake mushroom, mushroom soup, a small plate of sushi, and a small bowl of teriyaki eel rice bowl.

Everyone ate to their heart's content.

Fan Yang said: "Thanks to my kindness, Mr. Kato might as well tell me clearly, is there anything you need me to serve?"

Kato Ping said: "I can't talk about service, but I heard that General Manager Fan is very familiar with the border?"

"Yes. Fan Yang nodded.

Kato Ping smiled slightly, raised the wine cup, poured a glass for Fan Yang, and said: "Fan Jun, I apologize to you for my previous presumptuousness, I didn't know that this canned fruit was developed by you independently, I hope you don't mind." ”

"It's okay, it's normal. ”

"But I still want to advise Fan Sang on this road, just taste it shallowly, don't get too deep. ”

"Oh, why?"

"Because of my country's internal affairs, public opinion, presumably Fan Sang does not know very well, my country's protectionism is prevalent, Fan Jun's products want to successfully land in our country, this is easy, but if you want to become bigger, there must be many resistances, why not focus on your country?"

Fan Yang knew that the meat drama was coming.

Do you want to influence yourself from this aspect?

That's underestimating yourself.

smiled: "Thank you for reminding, Mr. Kato may have misunderstood again, this product was originally a defined domestic market, and overseas channels are just one aspect, an attempt, otherwise, how would we have played the theme of the Three Kingdoms, right." ”

Kato Ping was slightly stunned.

I kind of don't believe it.

He still doesn't know about the factory in Lianyungang.

He has established an inextricable connection.

Most of the foreign trade products are tailor-made for the capital.

There are no plans for the domestic market at all.

Because foreign trade is simple.

It is actually more difficult to distribute to your own domestic market.

To invest a lot of publicity money, if you want to make a brand, you must be on TV advertising, China's supermarket channels are not sound, without a certain background, it is difficult to enter.

Kato Ping shook his head and said, "Then Fan Sang told me, which food company in Lianyungang has such great financial resources and courage?"

"Hehe, Mr. Kato misunderstood again, it's not a company in Lianyungang, it's not a company in Xuzhou, it's my company. ”

Fan Yang took out four business cards from his bag and placed them next to each other in front of Kato Ping's eyes.

I took out the words that fooled Takahashi Seiichi again.

"Let me introduce myself, in fact, I am not only the general manager of this foreign trade company, at the same time, I am also the owner of a food production enterprise with assets of 50 million, graduated from the School of Economics of Fudan University, and then went to the United Kingdom to study, under the tutelage of modern marketing masters, Professor MacLeod, studied for a master's degree in economics at Edinburgh Business School, and devoted his life to creating an international brand, creating a large multinational group like Nike, currently focusing on the commercial development of non-staple foods。 ”

Kato Ping looked at the business card in front of him.

raised his head and heard Fan Yang's nonsense again.

Dumbfounded.

said that I respect the strong very much, and subconsciously wanted to bow my head and bow.

But looking back, at such a young age, I went to the UK to study, and I still have a master's degree, especially the last sentence, to create a multinational group like Nike?

Immediately sobered up.

"General Manager Fan is really not showing his face, so dare to ask General Manager Fan what major he has studied?"

"Financial Management and Marketing. ”

Seeing that Fan Yang was still stiff-mouthed, Kato Ping raised his eyebrows: "Is there a business school in Edinburgh?"

"Why not. Fan Yang was noncommittal.

"Really?"

"You don't believe me?"

Kato Ping leaned back slightly: "How can I not believe it, I respect General Manager Fan is not a person who speaks his mouth, otherwise, it will disappoint me, so in this way, General Manager Fan is still very good at the economy? ”

"What is there to comment on in our country, if you want to talk about economic development, the first recommendation is called the first, sell Tokyo, you can buy the whole of the United States, a Silverstone Plaza, you can buy the whole of Seattle, I don't know if I'm right?"

Kato Ping instantly felt like he had been pricked by a needle, and his face became very unnatural.

It poked him in the sore spot.

It also poked at all the sore spots of myself.

It wasn't a joke back then.

In 91 years, the economic crisis and the bursting of the real estate bubble dealt a devastating blow to the economic chain of the company.

It set back the economy by ten years.

For the next two decades, stagnation.

Foreign trade has also lost its edge.

Let the advantages that I have worked hard to build up for decades be put into fire.

This is also the pain in my heart.

Otherwise, China has no chance of surpassing the capital and becoming the world's second largest economy.

The 70s and 80s of the last century were the golden age of the book.

During this period, the manufacturing industry was at its peak, and electronics, semiconductors, automobiles, and high-tech technologies were leading the world.

Clothing, textiles, and plastic products are also incomparably strong.

The ocean, fishing industry also developed.

Dolphins, whales are killed in batches.

For the sake of economic development at all costs, even the color xx industry is not hesitating.

There are also many overseas factories and economic colonies.

It is really to develop the economy by any means.

Culture, spirituality, and even selling one's own dignity and completely abandoning women's rights, all of them are all-encompassing, all of them are all-inclusive.

He said that under the decadence after the defeat of the war, he worked hard to revitalize his country.

And they did.

Everyone has a strong sense of honor.

With the support of the premise of the war of the United States, the economy of the country developed rapidly, and in the eighties it had reached the point where it was second only to the United States.

It is said that it is made and dumped all over the world.

It's like making in China in the future, dumping all over the world.

Even the color xx videotape is like a dumping world, no matter what is a crazy output.

Even the people of the United States themselves exclaimed that the United States had been peacefully occupied.

There must be advances and retreats, and the economy of the country is soaring, while the economy of the United States is declining.

The first is foreign trade, and the deficit is widening year by year.

Because of the high labor cost and the large war expenditure, the manufacturing industry of the United States has lost its dominant position and has been replaced by the manufacturing industry.

The second is the imbalance in the domestic printing and distribution of currency, which has triggered inflation and led to a large fiscal deficit.

The domestic economy as a whole has shown a rare double trade and fiscal deficit.

Under the shadow of the twin deficits, the US government raised the domestic base interest rate and introduced international capital to develop the economy, and the large inflow of foreign capital caused the US dollar to continue to appreciate, and the competitiveness of US exports declined, thus expanding to the crisis of foreign trade deficit.

There is a very simple reason, the high value of the dollar means that the price of goods in the United States is expensive.

If the dollar depreciates, then the price of the product decreases.

The international competitiveness of export enterprises will increase.

For example, the price of imported soybeans from rice countries is $300 a ton.

If the U.S. dollar appreciates, the exchange rate with the renminbi is 1 to 8.

Then for China, it is the price of 2400 a ton.

The depreciation of the US dollar is 1 to 6 with the RMB exchange rate.

Then it's only 1800 for a price.

Therefore, the exchange rate, in terms of import and export trade, is very important.

Any country, in the hope of gaining an export advantage, will appropriately adopt the method of currency depreciation.

Just like in the early days of reform and opening up, in order to adapt to the export-oriented strategy, there was such a clause in the country's response policy, the RMB depreciated moderately, and in just a few years, it depreciated by five times, which is very unreasonable.

As a result, the competitiveness of Chinese products in the international market has greatly increased.

It's cheap to turn into anything.

However, currency depreciation is a very prudent issue.

This trick will not be used unless it is absolutely necessary.

Because once the currency depreciates, the wealth of the people who hold the dollar, and the country, will shrink.

Depreciate by 20 percent, and in an instant, $100 becomes $80.

After President Reagan took office, in order to suppress the high degree of inflation, he raised the domestic base interest rate, and it was greatly raised, the interest rate was raised to double digits, and the maximum deposit rate reached 12 percent.

High interest rates have attracted a large amount of overseas hot money into the rice market.

Push the dollar higher and higher.

In desperation, the Reagan administration made up its mind to use the last resort, devaluation.

Sacrificing financial markets to save manufacturing.

This is a very important event in the economic chain and financial market in history.

The Plaza Accord

Because he is different, he is pure capitalism, finance and currency issuance are in the hands of the capitalists, and it is not the Congress that decides, and the dollar can be devalued.

He can only intervene in the financial markets to achieve the goal of depreciation.

Thus, in 1985, the United States gathered four major capitalist countries, namely the United Kingdom, Germany, and France.

Come together to negotiate, everyone will contribute money together, intervene in the financial market, and promote the depreciation of the dollar.

First of all, there are two sides to this matter.

When the dollar falls, wealth will inevitably shrink.

Everyone must be reluctant at first.

Britain said that I have trillions of dollars in my hands, all of which are your money, and if you ask for a 20% depreciation, won't my 10 billion become 8 billion?

Ben said that I am still the world's largest creditor, and I have more dollars in my hands.

Germany and France also benefited from the Cold War pattern, developed economies, manufacturing, and trillions of dollars in foreign exchange reserves.

Of course not.

But there are pros and cons.

The downside is a shrinking amount of wealth.

What are the benefits? The country's currency has increased.

Because the dollar is the world's currency, the depreciation of the dollar means that the dollar, the pound, the mark, and the franc all appreciate.

The negotiations were deadlocked, but in the end, the finance minister and the think tank team of the United States succeeded in convincing five countries.

Among them, there is no shortage of coercion and inducement.

No matter what everyone doesn't care about, if they don't intervene, the dollar system will definitely collapse, and the situation of the United States at that time has reached such a dangerous point.

You accept a 20 percent depreciation share, a 20 percent drawdown, and the loss is still within the acceptable range.

The dollar really collapsed, everyone broke up, and it was all over.

Hold the dollar to order the princes

Let everyone think carefully.

Then lobby separately.

In terms of the capital, the lobbying policy of the United States is like this, and the negotiating weight is to promise that the capital will help the dollar depreciate, and the government of the United States will help the dollar to appreciate.

And what are the benefits of the appreciation of the yuan?

If the yuan appreciates by 20, 10 billion, it can become 12 billion out of thin air.

The level of investment will be improved.

It coincides with the fact that the domestic manufacturing industry has taken shape, human resources have been optimized, and domestic labor costs have risen.

There is an urgent need to expand overseas markets.

The depreciation of the US dollar, the appreciation of the yuan, between one rise and one depreciation, it is conservatively estimated that it can achieve an effect of 50 percent.

The capitalists will be very happy.

This can help the company to complete the expansion of overseas markets.

It's like investing in building a factory in China.

Before the Plaza Agreement, what was only worth 100 million will eventually become 1.5 billion.

But at the cost of losing the country's export advantage.

Coupled with the coercion level of the United States, I said that I was the first to compromise.

The United States, China, Britain, France, Germany, and the five countries jointly signed the Plaza Accord

Help the dollar depreciate.

But it's a pity that I only guessed the beginning, not the end.

Since then, it has been made in the footsteps of the United States.

The traditional road to power, the manufacturing industry, has shifted from rice to China, and then to China.

In the next twenty or thirty years, it was all made in China.

Dumping worldwide.

Eventually, it became the world's second largest economy.

Become a behemoth second only to the United States.