Chapter 909: Heavy Rain
In the eyes of ordinary people, the higher the value of a country's currency, the more favorable it seems to be, at least the international purchasing power has increased, but the high value of the national currency also means that the price of domestic goods in the international market will be relatively high, the corresponding market competitiveness will decline, and exports will decrease.
The resulting change is that imports will increase in trade, but exports will decrease, and there will be a trade deficit.
Exports, investment and consumption are the troika that drives economic growth, when exports decline, economic development will definitely be affected, especially for export-oriented East Asia, Southeast Asian countries, exports have a very large impact on the economy, a fishing mouth is affected, economic development will be hit hard.
If economic growth stagnates, there is a deficit in import and export trade, and external investment will not come in, the balance of foreign exchange will be unbalanced, and usually the value of the local currency will fall.
If there is a financial crisis in Southeast Asian countries, the currency depreciates - either by the influence of the market, or by the initiative to depreciate, and Huaxia continues to insist that the currency exchange rate does not depreciate, it will have an impact on Huaxia's exports.
The most common means to deal with exchange rate risk is actually hedging, access to the financial market or foreign investment, but Huaxia, which is also an Asian country with a very similar economic structure, is obviously not the best choice.
Chen Yajun threw a dilemma to Bao Feiyang, if Huaxia kept its currency value stable, the investment in Huaxia would not be lost due to exchange rate fluctuations, but due to the impact of the economic downturn, there was no way to guarantee the investment income.
However, if the Chinese Congress takes the initiative to depreciate, the impact on exports and the economy will be reduced, but the exchange rate loss will be relatively large.
Bao Feiyang looked at Chen Yajun's delicate face that was slightly red because of sports, smiled and said: "If Dingfeng Group just wants to resolve short-term financial risks, it is obviously the most cost-effective to hedge in the financial market, but it is too conservative to do so, and the crisis also contains opportunities.
Chen Yajun twitched his nose: "You have a lot of sense, but it's useless to tell me."
Chen Yajun said, and began to climb to the top of the mountain again.
From the place where the car was parked, it was not far from the top of the mountain, but the mountain road suddenly became steep, and all kinds of vegetation were also dense, and only a small path that could barely be called a road stepped out by people led to the top of the mountain.
There is a bare mountain rock at the top of the mountain, the view is very open, standing on it and looking into the distance, you can see the clouds and mist swirling in the mountains, and the mountain peaks looming in the distance.
"I think it's more like Genting, what do you think?" Chen Yajun said with a smile.
Bao Feiyang nodded.The place at the top of the cloud is relatively large, in fact, it is not easy to see the clouds, and here at a glance, there will really be a feeling of being in the clouds.
Chen Yajun raised her wrist, untied the rope, and let her blue hair fly up by the mountain wind.
Bao Feiyang glanced at Chen Yajun deeply, turned his head again, and looked at the mountains in the distance: "I heard that many Chinese in Southeast Asia are doing well, and they are the mainstay in many economic fields......
Chen Yajun blinked her big watery eyes: "Why are you telling me this? It means that you are familiar with the history of Malaysia and the Chinese in Southeast Asia?"
He smiled and said: "I just want to ask a question, why do Chinese people do so prominently in Southeast Asia? Some people also call them Confucian businessmen, and business giants like Mr. Chen are indeed qualified to be called Confucian businessmen, but many Chinese people, they are also better than the locals, is it because they are Confucian businessmen?"
Chen Yajun smiled: "My father is a Christian believer."
Bao Feiyang couldn't help but laugh, Confucianism does not exclude other religions, but if the success of Chen Yongzhi and others is simply attributed to "Confucian merchants", it may not be accurate.
Bao Feiyang said: "Confucianism and Chinese culture are closely integrated, so some of the excellent qualities of our Chinese can also be said to be related to Confucianism.
Chen Yajun pursed her delicate red lips: "I believe in Mencius's words, born in sorrow and died in peace, if you want to talk about the wisdom of Confucianism, it is not only benevolence, righteousness, etiquette, wisdom and faith, Confucianism also values agriculture over business!"
Bao Feiyang smiled, feeling that it would be difficult to argue with Chen Yajun about these things, he continued: "No matter what, we Chinese always have something that others don't have, naturally including our mainland, the mainland is now implementing reform and opening up, the policy direction is very clear, the mainland has many advantages that Southeast Asian countries do not have, if you use the goose riding model, although the mainland is still behind, but his potential and energy to climb forward is sufficient, in a simple sentence, Today of the Four Little Dragons may be the tomorrow of the Four Little Tigers, but today of Japan may be the tomorrow of Huaxia, I believe in Huaxia. The development potential of our land, population, education, science and technology and industrial system, as well as the steady growth momentum that has come out in recent years."
"I'll admit you're right, and we've never worried about that." Chen Yajun turned his head and smiled: "But there is one thing you should not forget, and that is what we overseas Chinese are most worried about, that is, will the continuity of your policy suddenly change again? I heard that your chief designer has not shown up for a long time."
Bao Feiyang couldn't help but be silent for a moment, in his memory, there are not many days before the chief designer will leave, and whether the great cause of reform and opening up he created can continue is also a question that many people are concerned about.
Bao Feiyang said: "When the door is opened, it will be difficult to close it again, not to mention that the achievements of reform and opening up in recent years have also proved that this path is correct, and of course we will stick to it."
"Of course, you may still not believe me when I say this, I will personally go to Huaxia Kingdom to take a look, take a walk, and get in touch with the actual situation, and you will know if I am right."
"Well, I'll go." Chen Yajun said, she suddenly looked up at the sky in the distance, frowned and said, "Oh, it's really not beautiful, you see there are dark clouds over there, it may be raining."
"Won't it?" Bao Feiyang was also taken aback, and hurriedly looked in the direction of Chen Yajun's finger, and sure enough, he saw that the sky over there had darkened.
Malaysia belongs to the tropical climate, the weather is changing, the two of them are just about to return, the sky is already dark, pouring heavy rain from the sky, instantly drenched the two of them into soup.
The two of them were originally dressed very thinly, and after being wet in the rain, their clothes were tightly attached to their bodies, especially Chen Yajun, whose delicate and concave body curves were exposed.
"Oh, what's the weather forecast, doesn't it mean that it's sunny today and there's no rain?" The two of them went up to the top of the peak to see the scenery, not far away, and did not bring any rain gear, the two of them could only support each other in the torrential rain, and stumbled down along the trail that came up.
As the saying goes, it's easy to go up the mountain and difficult to go down, when I just came up, I felt that the road was steep and difficult to walk, and now I went down the mountain, and it was raining heavily, and I couldn't even see the road under my feet clearly, and I almost couldn't control the fall down a few times. Otherwise, they would have been dragged down.
Even so, Bao Feiyang has sexual strength, and he walks very slowly, for fear of falling if he is not careful.
However, when he walked about halfway through, Bao Feiyang stepped on a pit under his feet, his body lost his balance, although he struggled hard, but the two of them fell to the ground together, Bao Feiyang tried his best to hold on, so that Chen Yajun pressed on himself and did not fall to the side.
"Ouch!" Chen Yajun suddenly exclaimed in pain, and he didn't know if he was scared or fell.
Bao Feiyang hurriedly grabbed her body: "What's wrong, you didn't fall, did you?"
"Foot, my foot hurts, it hurts me to death-" Chen Yajun seemed to be really hurting, and he couldn't even help but get up.
"You bear with me first, I'll help you up first, and then let me see if your ankles are twisted." Bao Feiyang said, Chen Yajun also pursed his lips strongly, and nodded vigorously.
Bao Feiyang first supported Chen Yajun hard, and then it took a lot of effort to sit up, he asked Chen Yajun to sit on the ground, grabbed the foot she shouted in pain, uncovered the trouser leg and looked at it, the ankle seemed to be a little swollen, he touched it lightly with his hand, Chen Yajun shouted that it hurt, it hurt badly.
"It doesn't matter, it should just be twisted." Bao Feiyang said.
"Then what should I do, it's still raining in this barren mountain and wilderness, how can we go back!" Chen Yajun pouted, hurting and aggrieved, and almost shed tears. (To be continued)