Looking at Zhao Hong and Guo Yi's unscrupulous laughter, Chen Xiaomei finally couldn't stand it anymore, and said a little coquettishly, "It's not fair for the two of you to bully me alone!"

Zhao Hong smiled and said, "Aren't we just husband and wife? What's so strange about this?"

"Cut, I am more likely to accompany Guo Yi every day, right? Is it Guo Beauty?" Chen Xiaomei said a little unconvinced.

Guo Yi also smiled a little and said, "You're accompanying Jack!

"Haha......"

Subsequently, Zhao Hong briefly said his judgment on the development trend of the future economic situation and said his preliminary plan for the next step. Tell Chen Xiaomei about the risks and opportunities of several of them, and let her think about it before considering whether to participate, and which one to participate? The risks and benefits are the same, and it is estimated that her brother also has the same judgment, so it is best to discuss it before determining.

With the one-time adjustment of the domestic currency exchange rate to 1$ to 8.7¥ in 1994, China has a very big advantage in terms of labor prices compared with other Asian countries, and with a large amount of foreign investment into the country, the foreign exchange of other Asian countries has begun to stop flowing in or even outflow.

And some Asian countries have improper foreign exchange policies. In order to attract foreign investment, they maintained a fixed exchange rate on the one hand, and on the other hand, they expanded financial liberalization, for example, Thailand abolished the control of the capital market in 1992 before the domestic financial system was straightened out, so that the flow of short-term funds was unimpeded, and provided conditions for foreign speculators to speculate on the Thai baht.

In order to maintain a fixed exchange rate system, these countries have used their foreign exchange reserves for a long time to cover their deficits, leading to an increase in external debt.

The external debt structure of these countries is not reasonable. In the case of a large amount of medium- and short-term debt, a country's currency depreciation is inevitable once the outflow of foreign capital exceeds the inflow of foreign capital, and the country's foreign exchange reserves are not enough to make up for the shortfall.

Of course, these countries themselves are overdrafted, with high economic growth and the expansion of non-performing assets. Maintaining a relatively high rate of economic growth is the common aspiration of developing countries. When conditions for high growth became inadequate, these countries turned to borrowing foreign debt to sustain growth in order to maintain growth. However, due to the sluggish economic development, by the mid-90s, some Asian countries were no longer able to repay their debts. In Southeast Asian countries, the real estate bubble was only exchanged for bad and bad debts from bank loans (as is the case now), while in South Korea, because it is too easy for large companies to obtain funds from banks (like state-owned enterprises), non-performing assets swell as soon as the company is in poor condition. The existence of a large number of non-performing assets, in turn, affects investor confidence.

The market system is immature. First, the government intervenes excessively in the allocation of resources, especially in the direction of loans and projects in the financial system; and the other is that the financial system, especially the regulatory system, is not perfect.

Defects of the "export substitution" model. The "export substitution" model is an important reason for the economic success of many Asian countries. However, there are also three deficiencies in this model: First, when the economy develops to a certain stage, production costs will increase, exports will be inhibited, and the imbalance in the balance of payments of these countries will be caused; second, when this export-oriented strategy becomes the development strategy of many countries, it will form a mutual squeeze between them; third, the stepwise progress of products is a necessary condition for continuing to practice export substitution, and it is impossible to maintain competitiveness by relying only on the advantage of cheap resources. These countries in Asia, after achieving high growth, have not solved these problems.

More than two years have passed so far, and the situation in those Asian countries has been deteriorating, but there is still at least half a year before the last straw is left. Don't rush, but as soon as possible, because there is still time to prepare!

There is nothing for Zhao Hong in the daily operation and management, and there is nothing for him except for the preparation for the establishment of the securities investment department. Zhao Hong cleaned up and went to get ready to cook.

Yes, Zhao Hong is ready to participate in the MBA study in January 97, and before that, he is ready to be a good father and husband in Hong Kong City, starting with cooking and washing dishes, in addition to being ready to participate in the next wave of opportunities, go all out to do more things for Guo Yi and his children.

He doesn't cook at a high level, he hardly knows anything except pasta, but at least he has to work hard to prove and express his love. You can also pick up the child every day to make the child happy, instead of letting the child's grandparents pick him up, because Zhao Hong knows that in fact, every child hopes to be brought by his parents, and it is best to have a lot. Let his classmates feel the care and love of his parents, which is not a show-off, but an emotional need.

At three o'clock in the afternoon, Zhao Hong set off, and by four o'clock, he had already arrived at school, but the time when the children got out of school was half past four, so there were not many people at the door.

He saw some old people waiting there to chat in the gazebo in the distance, and walked over himself. Seeing a kind-eyed old man who looked like a northerner, he asked, "Uncle, are you also waiting for the end of the elementary school opposite?"

The uncle understood, and said with a smile, "Yes, it's about half an hour, and everyone here is there." Just wait. First time the lad?"

Zhao Hong said very politely, "Yes, he and his mother came over first, my formalities have just come down, and I still have to work!"

……

In the small talk, time passed in a flash, Zhao Hong looked at the children who lined up, class after class, carefully observing and searching, for fear of missing it! Fortunately, Jack's tall man could see it from a distance.

Zhao Hong couldn't help but greet, "Jack, here!"

Many people around him let out a good-natured laugh, but Zhao Hong didn't care at all. And Jack, who heard the greeting, was also very happy, although he was still honestly in the line, but he had already begun to explain to the surrounding classmates.

When the teacher announced the disbandment, Jack immediately walked over and greeted happily, "Daddy!" Zhao Hong took his schoolbag casually, and Jack also happily said to a few young classmates, "This is my daddy! Most of those little classmates were picked up by the elderly, and they were all envious. He Zhao Hong nodded, and greeted Jack again, "Jack will see you tomorrow!"

Chatting all the way, Jack was very happy to talk about today's school things, all of which were things he thought were very good, including a small praise today.

It can be seen that the child is very happy with Zhao Hong's arrival, and the child's heart actually needs his father's affirmation very much, and he is not as strong as he appears on the outside, Zhao Hong is full of guilt for a while, and he cares too little about the child!

Zhao Hong felt that he seemed to be a little too obsessed with pursuing the opportunities he had missed, and missed the happiness of many people around him.

When pursuing a career, you might as well leave a little care and greetings to your loved ones! In fact, happiness sometimes does not have so many conditions, it is everywhere.