Chapter 683: Claims (14)
Chapter 683: Claim XIV
Mr. White said with a smile: "I don't want to know about this confidential thing, but some financial policies should be open to the outside world, and if China wants to carry out exchange rate reform, it will inevitably be inseparable from the United States, so I think there are some financial policies that we can cooperate with each other, so that we can really play the effect of reform, what does Duke Yao think?"
Yao Yi smiled and said, "What does Mr. White think if China wants to carry out reforms, what should it do? Or do you have any good suggestions?"
Mr. White said: " After all, I don't know much about China's national conditions, but one thing I am sure of is that if China's financial system is to be reformed, it is necessary to establish an open financial market, and I think this is the first and most important step; secondly, it is necessary to establish and improve the financial system and use the system to ensure the development of the financial market; and the last step is to integrate into the international financial market, especially to enable the combination of the Chinese dollar and the US dollar, to achieve free exchange, to determine the exchange rate through the principle of the market, and to allow international financial capital to make financial investments through the marketγ β
After Mr. White finished speaking, Yao Yi said with a smile: "What Mr. White said is very right, and I think so too, but I think this financial reform should be done step by step, not at once." β
Mr. White said: "It is completely unnecessary for Duke Yao to think like this, and he can copy our American financial system and transplant it quickly, such as the national government of Yizhou, and the effect is very good, and there are lessons to learn from in doing so." β
Yao Yi said with a smile: "Mr. White's suggestion is very good, but as Mr. White just said, you don't know about China's national conditions, so you need to come step by step in terms of financial reform, and you can't go too far." β
Mr. White smiled awkwardly, he didn't expect Yao Yi to borrow his words to gag him so quickly. In fact, Mr. White's purpose in doing this is to let Yao Yi open up the financial market and let the financial predators of Wall Street in the United States come in to devour the defenseless small fish in the closed pool of China.
Yao Yi knew Mr. White's purpose at a glance, so he had already thought of a way to deal with it.
Mr. White found that Yao Yi had already gagged him, and besides, he had already discussed with the US Treasury Secretary to open up China's financial market, so now he had to find a way to enter China's financial market.
Mr. White said: "Duke Yao, this step by step, it should be, but, from my own feeling, your investment in Canada and other 'private' territories depends on our financial markets in the United States and the United Kingdom, but if the financial market in China is still closed, I am afraid it will be difficult for the funds of our two countries to enter, and in this case, the source of Duke Yao's investment funds may be a little difficult." β
Yao Yi said with a smile: "I'm also thinking about this now, but the good thing is that my Credit Suisse and Swiss Da have the right to buy and sell foreign exchange in 100 billion US dollars, so I can also raise some funds." β
Mr. White said: "China is a big country with a population of more than one billion, and this 100 billion dollars is a drop in the bucket. β
Yao Yi said with a smile: "In the current situation, I think the development of China needs to go step by step, so far, I am only building Qiongzhou City, and use Qiongzhou City to further coordinate and develop, accumulate experience in the development of China, and when the experience is mature, and then step by step promotion, and I am in the policy, the first thing to carry out is the reform of the financial system in Qiongzhou City, and there step by step practice." β
Mr. White saw that Yao Yi kept going around in circles with him and didn't get into the right place, he was really unhappy, and thought: "It seems that I should say it directly, if I don't open my mouth to say it, this Yao Yi will always pretend to be confused with understanding." β
Mr. White said: "What we mean, Mr. President, is that we hope that Duke Yao will sign relevant agreements with us in the United States on financial cooperation, especially in terms of mutual most-favored-nation treatment in financial cooperation, so that we can further strengthen our financial cooperation." β
What Mr. White is talking about is the mutual granting of most-favored-nation treatment, but in essence it is unilateral, because China's financial market is a closed market, although there are Industrial and Commercial Bank of China, China Construction Bank, Rural Commercial Bank, Bank of China, etc. The five major commercial banks of the Bank of Communications, however, are all landlubbers, and under the long-term protection of the government, they use the policy monopoly to make profits, not to mention letting them go to the international sea to fight with the US financial predators, that is, to drive them into the small rivers and lakes in the country, and remove the policy advantages attached to them, they will all drown, and once the US financial predators come in, these banks will become their meal one by one, and when the time comes, China's entire financial system will be controlled by the Americans.
In fact, the reciprocity on the surface is only for the benefit of the United States, and it is impossible for Chinese banks to enter the United States, which means that this is just a common plundering trick used by the United States.
Although it is said that in China, Yao Yi's Credit Suisse and Swiss Da Investment Company compete with the financial predators of the Americans, but Yao Yi's financial company is Swiss, and it has already landed in the United States, even if China's financial market is not opened, Yao Yi can still enter the American market, so, generally speaking, once China's financial market is opened, Yao Yi will only suffer losses and will not take advantage.
Yao Yi thought for a while, and said with a smile: "Do you think this will work? Let's set up an experimental area first, try how the effect is, and accumulate experience, if the effect is good, we will expand to other states and cities, if it is pushed out all of a sudden, don't say that I am worried about it, even the Zhonghua government may not agree, so some things are in a hurry, we need to take a step to see a step." β
Yao Yi knew in his heart that at this juncture, I am afraid that the United States has already prepared all kinds of countermeasures, if he refuses directly, the Americans will definitely make trouble for Yao Yi in other aspects, if the Americans are given some sweetness, hold them, and at the same time, within the scope of their control, in this way, even if the Americans want to embarrass Yao Yi in some aspects, then they should also consider his interests in China.
It is precisely because of this that Yao Yi is ready to open up an experimental area to drag the United States down.
When Mr. White heard this, it was actually in line with the strategy he had discussed with the US Treasury Secretary, in fact, they also needed to test China's financial market before entering it on a large scale.
The two of them wanted to ask questions together, but as for using that place as an experimental area, it would become a new problem for the two of them.