Chapter 747: Countermeasure Plan
The Japanese political bigwigs who were present didn't pay much attention to Fumio Sato, who was sitting in the corner, but at this time, they were all attracted by him, and some people whispered to the people around them in surprise: "Who is this person?... ...
Abe Ushitaro also looked a little surprised, he had forgotten that Shuichi Kawaguchi told him that he wanted to bring a subordinate to today's meeting, but at this time when no one was willing to speak, someone stood up and broke the silence is naturally what he wants to see, so he smiled and nodded at Fumio Sato and said, "Very good, then please tell me about your high opinion..."
Being watched by so many bigwigs, Fumio Sato trembled with excitement, these bigwigs usually have a hard time saying to them, but now even the prime minister is listening to him carefully, this is definitely a once-in-a-lifetime opportunity for himself!
Shuichi Kawaguchi was naturally very willing to see his subordinates show their faces on such an occasion, so he also happily nodded to Fumio Sato and encouraged: "Sato-kun, don't be nervous, you went to Huaxia for a field trip, you have the most right to speak, if you have any ideas, just speak boldly..."
Fumio Sato took a deep breath and calmed down his nervousness, and then said calmly: "As far as I know, this time the Chinese side has taken action on rare earth exports, trying to monopolize the international rare earth trade, and striving for the international pricing power of rare earth exports is not the intention of the Huaxia central government, but the plan secretly implemented by a young governor of the Huaxia local government who has just taken office to conceal the Chinese central government...
"And at present, the central government of China is also very annoyed by this matter, and it is likely to punish this bold young governor, so I don't think we need to risk a full-scale trade war with China, we only need to formulate a targeted countermeasure plan, and their plan to compete for the international pricing power of rare earth exports can be completely frustrated... ...."
"Oh!" The bigwigs present were also quite surprised when they listened to Fumio Sato's introduction, Japan has always regarded Huaxia as their main competitor, so they also have a better understanding of China's national conditions, such a huge plan is actually just a provincial governor of the local government of Huaxia to make it out of the central government of Huaxia, which completely subverts the impression of local government officials in Huaxia in their minds, and such local government officials in China are too alternative!
Abe Niutaro's eyes are also bright, although he also belongs to the more radical right-wingers, but the continuous decline in Japan's economy over the years has also made him, the prime minister, anxious, and under pressure, so he is also a little jealous of whether to start a full-scale trade war with China because of this matter, and it is difficult to decide, and now he is relieved to hear Sato Fumio say that this plan is actually only made up by a governor of the local government of Huaxia, how much energy can a local governor have? It is certainly impossible to compete with the power of Japan alone, so it will be much less difficult to sabotage this plan.
"Very well, go on......"Ushitaro Abe raised his hand towards Fumio Sato and gave him an encouraging look.
Fumio Sato suddenly felt that his bones were a few pounds lighter, and he couldn't be excited when he was praised by the prime minister? Suppressing the excitement in his heart, he continued to say like a river: "The current export price of rare earths has risen by nearly 40 percent compared with a month ago, so we have to take action. South Korea has discovered new rare earth mines, and secretly we can use our rare earth reserves to sell to the market, creating the illusion that the supply of rare earths exceeds demand, so that the export price of rare earths will fall, so that the other party's plan will be self-defeating... ...".
The eyes of the people present lit up, I have to say that Fumio Sato is still a little clever, and the two tricks of light and dark are very targeted, and the trade war is sometimes also psychological warfare, guiding the market psychology through speculation, so that it can form a trend that is beneficial to itself, and finally achieve its own goals.
To take a familiar example, such as the problem of high housing prices, which everyone hates, real estate developers are very through various means to deliberately create the illusion of a sought-after house, so as to achieve the purpose of raising housing prices, in essence, Duan Yu's plan is also to monopolize the international supply of rare earths, to create a tight supply of rare earths, in order to make the rare earth export price rise by 40% in such a short period of time.
Fumio Sato's plan is to do exactly the opposite, by selling off Japan's existing rare earth reserves and creating fake news about the discovery of new rare earth mines, creating the illusion that there is an abundant supply of rare earths, and the price of rare earths will naturally fall.
Of course, there is also a risk in this, that is, if Duan Yu sees through Fumio Sato's plan and uses more funds to swallow all the rare earth reserves sold by Japan, then Japan will steal chickens and rice.
There were also many veteran Japanese political bigwigs present, and some people immediately objected: "The use of national rare earth reserves is not appropriate, it is not appropriate, the national rare earth reserves are related to the national security strategy, how can they be used easily, if your plan fails, then we will lose a lot..."
Fumio Sato was just about to speak, but Takami Nakata jumped out first, and said impassionedly: "I think Sato-kun's plan is very feasible! China's rare earth reserves are enough for China for ten years, and I don't believe anyone can swallow such a large amount! As long as it is thrown into the market, it will definitely be able to bring down the price of rare earths ... ...."
"This is not necessarily, now the Chinese government is very rich, foreign exchange reserves in the world, if the Chinese government takes action, use its foreign exchange reserves, we sell the national rare earth reserves, wouldn't we lift a stone to hit our own feet?... ..." The person who raised the objection before has always been unaccustomed to Nakata Takami's style, and immediately sneered at him.
Fumio Sato once again seized the opportunity to perform, and said with a slight smile: " According to my judgment, it is impossible for the Huaxia government to make a move, because the Huaxia government does not want to fight a trade war with us, so they have not publicly stated this incident, if the Huaxia government uses foreign exchange reserves, it will be a situation of endless death, with the cautious attitude of the Huaxia authorities, it is impossible to do so, so the real opponent we have to face is only the young governor, I don't believe that the governor of a place in Huaxia can have such a big energy, can swallow our huge national rare earth reserves... ... ”。
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