Soon after South Korea was hit, the banking sector of the island nation, which has a large investment in Southeast Asia, was hit hard, and some financial companies began to fail.

At this time, a large number of international funds began to pour into the island country's market, shorting the yen and the island country's stock index futures.

In the past, the island countries were still carrying the need to stabilize the exchange rate, and they had the largest foreign exchange reserves in the world, and they were full of confidence. But when the shock did come, they found themselves running out of foreign exchange reserves.

And because their investments in many Southeast Asian markets have lost money, those big conglomerates have no money to help the political axe, they must first protect their own enterprises and protect the interests of their employees.

As a result, the monetary system of the island countries was also severely impacted, and with the bankruptcy of some banks and securities companies, the crisis became even worse, and finally evolved from the financial crisis in Southeast Asia to the Asian financial crisis.

At this time, Soros once again entered the Xiangjiang market with a large amount of money. Naturally, it has once again encountered great resistance, the short-term volatility of the Hang Seng Index is extremely large, and the exchange rate of the Hong Kong dollar is also fluctuating slightly.

But it did not achieve Soros's expected results, and at this time there was another voice, saying that Soros was just bluffing, and the attack on the Xiangjiang market was fake, and the purpose was other countries that had been attacked before.

The funds led by Soros have retreated again, and many people who have invested in the Xiangjiang market have also lost a lot.

On the last day of 97, Wang Haoan flew back to Ice City with Jiang Yurou.

……

As soon as Wang Haoan came back, the leaders of Bingcheng knew about it, called and invited Wang Haoan to sit down.

"I said Master Persimmon, I just came back, what important things do you have?" Wang Haoan sat in the office of the persimmon chief, drinking tea with Erlang's legs crossed.

"It's very difficult to find you Boss Wang once, but this time it's really urgent. I heard that Boss Wang's business has been doing well recently, and he must have made a lot of money last year, right?"

Wang Haoan looked at Persimmon Chief vigilantly: "What do you mean by this? I didn't lose a cent of the taxes that should be paid, but I also donated a lot of extras." My employee treatment is also at the leading level in the country, without any deductions. ”

"I didn't mean that. Persimmon smiled awkwardly, "I mean Mr. Wang's business can't be expanded any more?"

"What's the matter, you want to stuff people into my company again? I said that you can't just stuff a box, you can't stuff it, if it bursts, who will clean up this mess?"

Now the number of employees in the enterprise is sufficient, and the garment factory has recruited some new people, because some female workers are old and should retire, and this kind of stepping on the sewing machine really needs a large number of workers.

But there is no need for food factories, automation is getting higher and higher, although there are some people facing retirement, but also facing the replacement of some equipment, when there are fewer people, the same does not affect efficiency.

"Mr. Wang, I also know what you said, but this time the problem is more serious. Do you know that the previous enterprise restructuring was only experimental in nature, but this time it will become an administrative order to enforce it, and our Bingcheng was a non-major pilot at the beginning, how big will the impact be?"

"There are too many companies involved in this executive order, and many may not be mentioned, but we must also act according to the examples of similar enterprises. If it is on the national list, the state will take out a sum of money to subsidize it, but if it is not on the list, it will be up to the local government to solve it on its own. ”

"This time the province held a meeting, here in Bingcheng, the province will not give allocation, because most of the state's appropriations to the province are enterprises in Bingcheng, so the province should pay attention to other regions, not to mention that there are still many ethnic minorities in Longjiang. ”

"However, with Bingcheng's self-financing, it is difficult to give everyone enough seniority buyout expenses, not to mention the many delayed reimbursement accounts. ”

Wang Haoan put down the teacup: "What does this mean to me? My company can pay social security for all employees, how much is this, I don't need to say more, right? In other regions, are there so many people who pay social security?"

"What's more, from next year, many preferential policies will gradually disappear, and the taxes that need to be paid have increased a lot, and I am still worried. ”

Wang Haoan knew that this time, tens of millions of workers in state-owned enterprises were involved, and a wave of layoffs of tens of millions of workers in collective enterprises was coming.

Originally, the loss of the enterprise was relatively serious, but because after the adjustment of the wages of the employees of the enterprise, there were more performance wages, so the wages of the employees of those enterprises on the verge of bankruptcy basically did not rise, how can they rise without performance?

Therefore, although the state has a burden, when the planned economy and the market economy are parallel, the country's foreign trade has developed very well in recent years, and it has actually made a lot of money, so the foreign exchange reserves of Huaxia's political axe are only so much.

At present, the main settlement currency of global foreign trade is mainly the US dollar, which means that the largest foreign exchange reserves in China are the US dollar.

Under normal circumstances, although the results of the enterprise restructuring experiment are not bad, it will not be so vigorous and resolute, a one-size-fits-all approach, the country still has money, and it is too late to slowly restructure.

But now that the foreign exchange has been transferred to the Xiangjiang market, the political axe is really out of money. Originally, the plan of the political axe was to take advantage of the serious decline of the Russian economy and the sale of a large number of resources, and buy some resources to come back for development.

At this time, there was also a debt crisis in ASEAN, island countries, and Latin America, and those countries also needed dollars to settle their debts, including the price of oil, which is now very low.

Although the number of cars in China is very small, the speed of development in recent years is also very rapid, not only cars, but also motorcycles and so on, all need oil.

At the beginning, Huaxia had planned to invest in oil fields overseas, but now it has money in hand. Or lend money to some resource countries and let them use the resources to pay interest or something.

As a result, all these plans were stranded because of the impact on Xiangjiang. In fact, it is not only Xiangjiang, but also Aocheng, Treasure Island, and even the upper spot, which may also affect the mainland.

Because the mainland also has trade contacts with many countries in Southeast Asia, and some countries have no money, Huaxia's investment cannot be recovered, and Huaxia's enterprises have also been greatly affected.

Over the years, Huaxia has been trying to expand the influence of RMB, and this has given Soros and others an opportunity to take advantage of. Fortunately, Huaxia has been prepared, and the exchange rate system of RMB is not so vulnerable to shocks, and Huaxia is confident that the exchange rate will remain unchanged.

Once the exchange rate changes, inflation will occur in Huaxia if it is not good, and then it will be a big trouble.

At this time, Huaxia also had no money to support those enterprises that only had money and did not make money, so it was simply ruthless and prepared to issue a large amount of special treasury bonds to the banks to complete the restructuring of these enterprises, that is, to let the employees of the enterprises buy out their seniority and lay off their jobs!