Chapter 336: Fighting Against the Tide (6)
Chapter 336: Fighting Against the 'Tide' (6)
Mei Shengcai looked at Yao Yi and said: "There is no good explanation for this, our bank has always been in accordance with the "China Banking Supervision Law", "China Foreign Central Bank Property Judicial Coercive Measures Exemption Law", "China Commercial Bank Law", and "China Banking Supervision and Administration Law" promulgated by the state As for the specific explanation, I think this is the internal secret of our bank, just like the business strategy of your five major banks, and it will not be like us to 'revise', as for saying that you can't understand our intentions, this can't blame us, just like a blind man who can't see the sun with glasses, and can't say that it is a problem with his eyes!"
When President Guo heard this, he said angrily: "You insult people!"
Mei Shengcai said with a smile: "I didn't insult you, I just made an analogy, don't be angry!"
Governor Qian said: "Okay, let's talk calmly, Mr. Mei, you should explain why you gathered 1.2 trillion Chinese dollars in the bank, but did not put it into the market, resulting in a shortage of domestic money supply, this kind of thing seriously jeopardizes the development of the domestic economy."
Governor Zhong said angrily: "You are hoarding strange houses and speculating behavior, and you should be dealt with seriously!"
Mei Shengcai said with a smile: "We are speculating and hoarding strange houses, I want to ask, why do you say that!"
Governor Zhong said: "You are hoarding a large amount of currency in the way of losing money, aren't you hoarding Qiju, so much currency is put in the bank, isn't the next step to speculate!"
Mei Shengcai said: "Hehe, if you want to say so, then your Bank of China is also hoarding Qiju, and also hoarding a large amount of foreign exchange, ready to use foreign exchange to impact the domestic financial market at any time, that is speculation, why don't you talk about yourself!"
Governor Qian was a little angry, he was very dissatisfied with Governor Zhong, and said: "Governor Zhong, you can talk before you think about it, don't talk 'nonsense', what kind of hoarding, speculation, nonsense, but, Mr. Mei, you still haven't explained the question I just asked!"
Mei Shengcai was really not able to answer this question, and looked at Yao Yi.
The other presidents all felt that they had taken them this time, and they wanted to see how good they looked.
Yao Yi said: "I'll explain this problem, I have been abroad in the previous stage, maybe you don't know too much what I am doing abroad, I come to tell you that I have a joint venture with Prince James of the United Kingdom abroad, which is the Global Trade Co., Ltd. and the Universal International Logistics Co., Ltd., the main purpose is to do international trade, and now our country is not shouting all day long to strengthen foreign trade." What we want to do now is this, to buy a large number of products from the country and sell them abroad, to earn foreign exchange, and my Credit Suisse is the guarantee bank of these two companies to provide financial support for their trade behavior, so this money is currently stored in the bank, the most important reason is that it has not had time to use, the trading company is preparing, I have just returned from abroad, and I have not had time to use the funds to purchase products from China, so the question of the president of the money is right, my explanation is that this money is used to purchase domestic goods and prepare, there is no pressure in the bankI think that the country should prevent and control the problem of excessive currency and inflation in the market at that time!"
Governor Guo said: "I don't think what Boss Yao said is correct, 1200 billion, what a big number, did you use so much cash to buy goods!"
Yao Yi said: " You are also right in this sentence, this huge amount of money is indeed a bit much for the purchase of goods, but don't forget, I am now carrying out large-scale domestic investment and construction, to support tens of thousands of fire victims, and is building a large area of residential buildings for them, in addition, our current bank branches of Credit Suisse are temporary outlets, and will soon carry out the construction of the head office in various states, and our floors will exceed your high-rise buildings in the future, of course, these are small numbers, the largest number is still to say that we have cooperated with more than 100 universities, and now the national re-education and scientific and technological research funds are not sufficient, and the major universities in the country are waiting to be fedMany research projects can't keep up, and we are responding to the call of the country to implement science and technology to rejuvenate the country. A few days ago, these scientific researchers have been supported by our bank, and foreign scientific research institutions have established cooperation intentions, the next step is to carry out the construction of scientific research centers, so that our country's scientific and technological strength will develop, President Qian, you said, my money is used in the place, is it more effective than bringing some state-owned enterprises that can not be supported, my account should not be wrong!"
President Qian couldn't sit still a little and said, "If you put money into the society so quickly, then I really think about how to prevent inflation!"
Yao Yi said with a smile: "I'm not in a hurry about this, I will come step by step, so much money is invested in it at once, even I can't bear it, construction investment is a process, this huge amount of money investment, in fact, there is only benefit to their five major banks, there is no harm, we invest these funds and return them to the society, and they can pass these banks through the dark box' The way of manipulation is to return the money to their banks, and then lend to state-owned enterprises, because there is a guarantee from the state, even if those enterprises go bankrupt and lose money, their five major banks do not have to worry at all, the president of the money bank will help them wipe out the losses through the money printing machine, saying a thousand ways and ten thousand, their five major banks are all relying on the government to make money, and we have to rely on the market to make money, we do this, in fact, we are helpless, who makes our country's current financial market is not sound, not even the most basic stock market, as a last resort, we can only convert the profits of the bank through industrial investment, the reason for this is not because our bank does not want to lendTaking the regular banking route, but because of the deformed domestic financial market and the reality that the five major commercial banks rely on the state to survive, we can be said to be angry at both ends, not only without the guarantee of the government, but also to bear the high risk that the loan cannot be recovered, so say, President Qian, if you really want to ask us what the reason is, and ask us to explain, it is really better to ask yourself, because you know best in your heart, where is the problem, do you say yes!"
Yao Yi's words were amazing, everyone was shocked, even the presidents of the financial industry were surprised, they didn't expect Yao Yi to know so much about China's financial industry, and even told the secrets, they were all curious, how Yao Yi knew these secrets,