Chapter 675 Foreign Exchange Butler

At present, the island country is still the largest creditor of magnesium countries, holding more than 520 billion US dollars.

Huaxia, on the other hand, holds more than $480 billion and is the second largest creditor of magnesium countries.

If nothing else, in November this year, both Huaxia and Baodao will join the WTO.

That is, starting from this year, Huaxia will begin to plan to buy magnesium national bonds for a long time, with the help of the US dollar, in the process of rapid development, to avoid the appreciation of RMB is inflated.

Many people don't understand why Huaxia bought US dollars, commonly known as lending so much money to magnesium countries, in fact, this is a kind of venture capital in Huaxia, and it is also for the development of Huaxia itself.

RMB, among the global currencies, is a restricted currency, and its liquidity is limited in China.

This characteristic makes it necessary for China to hold the US dollar, an international currency in circulation, to ensure the development of finance and commerce, and at the same time not to worry about the fear of a large outflow of RMB and its own economic market being controlled by Western powers.

To put it simply, China is still too weak, has no strength at all, and has no guts, completely open market, in this semi-closed Chinese commercial market, the dollar is a good substitute.

Li Feiteng's savings will speed up the purchase of US dollar treasury bonds by Huaxia, and may even expand the amount of purchases.

Because once the Google Group develops, it will occupy the first value of foreign capital in China, and even the value of its company can be equal to the amount of US dollar treasury bonds held by China in the next ten years.

But in this case, Huaxia will need to buy more dollars, because in addition to Li Feiteng. There are also other foreign-funded business organizations that have entered the Chinese financial market.

If you budget. By 2014, it could exceed $5 trillion.

In fact. Li Feiteng has bolder ideas, he can predict the future, and he is also well aware of the impact of the 2008 financial crisis on the country.

Huaxia's investment in magnesium national bonds is actually a helpless choice.

The amount of foreign exchange reserves has always been very high, and of course China will not hold hundreds of billions of dollars in foreign exchange, but it does not dare to carry out some bottom-buying actions in the international stock market.

As for the injection of funds into international institutions. It's also even more unlikely.

For example, Li Feiteng, his Google Group, if he wants to sell, then Huaxia will be the first to stand up and buy, and will pay a super high price!

Hundreds of billions of dollars, Huaxia will also take it!

But is it possible?

Li Feiteng relied on the Google Group to obtain a very high status in business politics on a global scale, and has a status equal to the level of the head of state, allowing him to speak and control. Isn't it the same as depriving him of his social status, social achievements?

It's like Bill Gates' Microsoft. Of course, Huaxia has money to inject capital, but how can people agree!

That is to say, all international institutions do not want Huaxia, a state-owned economic system and state institution, to control more of the right to speak.

Under this kind of resistance, Huaxia has no choice but to buy dollars, except for the magnesium country that can consume hundreds of billions, or even trillions of foreign exchange, I am afraid there is no second country.

Although Li Feiteng knew that if he entered the system, especially if he could go to the state-owned enterprise bank and the foreign exchange administration to serve as a senior financial official, it would bring great benefits to Huaxia.

Because manipulating tens of billions of dollars and manipulating hundreds of billions of dollars to make money, there is not such a big difference here in Li Feiteng, he will only earn more.

It's a pity that as soon as he enters the officialdom, he doesn't belong to himself, especially in Huaxia, many people who are not in a high position with actual ability and can really become high-ranking officials, most of them are exquisite, proficient in interpersonal communication, and extremely deep in the city.

Li Feiteng is still too immature, don't look at him now, but compared with those politicians, he is not very good at dealing with all kinds of people.

To put it bluntly, he still has the character of a tech otaku.

Moreover, the most important thing is that it is impossible for him to change his Chinese nationality in immigration, so even if he becomes an official, he will be a foreign consultant, who is paid a salary, has cadre treatment, and has no actual rights.

For example, Li Feiteng, who used to be a red businessman, has now become a foreign-funded businessman.

Before, he held an important position in official associations such as the Internet Café Management Association, the Internet Information Association, and the Financial Management Association, but now he took the initiative to resign, only retaining some reputation, and did not interfere in the management of anything, nor did he dare to meddle in meddle in affairs.

In this way, he found that he had a lot of ideas, but many of them were unrealistic, because he couldn't do them.

"I can't do it, but I can let someone else do it!"

Li Feiteng's head turned, since he didn't want to be an official, why didn't he transmit his thoughts to the senior officials of the State Administration of Foreign Exchange.

In this way, if that high-ranking official was instructed by him to achieve great success in foreign exchange management and create great benefits for Huaxia, the result would actually be the same, and Li Feiteng would have another high-ranking official friend and confidant, which would also expand his political influence.

The director of the State Administration of Foreign Exchange is also known as the "first housekeeper of foreign exchange in China".

It specializes in managing more than 400 billion US dollars of foreign exchange in China.

The former foreign exchange steward has been sentenced.

The foreign exchange butler who gave Li Feiteng the most profound memory was naturally Yi Gang, who served the longest in the future, and during his reign, the changes in foreign exchange were very large.

After the change of office in 2014, he went to Huaxia Bank as a vice president, and now Yi Gang is a secretary general of the monetary department of Huaxia Bank.

In fact, Li Feiteng and Natural Yi have just met, but they haven't communicated too much.

He is the first person in terms of the amount of wealth stored in Huaxia Bank and the group's annual exchange business.

seems to be at the level of the president, and when he sees Li Feiteng, he has to bend down and greet him with a smile.

And the current foreign exchange housekeeper is a part-time employee, or a woman named Wang Yingjie.

Li Feiteng is not discriminating against women, but in the past two years, there has really been no big move in foreign exchange, and it is all routinely handled, and this year's foreign exchange will probably buy about 7.5 billion US dollars, which is not much.

For the next three years, the amount of dollars purchased was not high, and it was not until after 2005 that hundreds of billions of dollars a year appeared.

The reason is very simple, 2005 is a new round of frenzy in the Internet industry, and it is also the beginning of a year of economic recovery.

A large number of foreign capital has entered China, and domestic Internet giants have also been listed in the United States through guò, achieving ultra-high value.

Companies that have gone public, value, stocks have all been boosted.

Naturally, Huaxia had to buy a large amount of dollars to maintain the price of RMB.

Once the RMB appreciates and the dollar depreciates, it means that Huaxia will lose a lot.

Because China's wealth is too closely linked to the dollar.

But in the end, whether this is a good thing or a bad thing, Li Feiteng does not dare to express any opinion now.

"Sang Jie, help me make an appointment with Mr. Yi Gang, Secretary General of the Monetary Department of Huaxia Bank, at 9 o'clock tomorrow morning."

He thought about it, and was still ready to recommend Yi Gang to the position.

Yi Gang's current work is considered to be in the period of accumulating experience and contacts, and his ability may not be enough, but with Li Feiteng's recommendation, and even he went to Mao Sui to recommend himself, serving as a consultant of a foreign exchange bureau to help Yi Gang operate foreign exchange, that is a matter of course.

Others may be worried about Yi Gang, but they will never doubt Li Feiteng.

Ten minutes later, the State Administration of Foreign Exchange, Yi Gang was sitting in the office sorting out the information, he received a phone call, and after hearing the origin of the other party and what was said, his facial expression was particularly surprised.

"Li Feiteng asked me out?" Yi Gang hung up the phone, he couldn't believe it, but the person who was able to find his unit phone so easily and knew his identity was sure that this matter was true.

"But, what did Li Feiteng ask me to do?"

Yi Gang wondered, although he is a secretary general of this department and has a certain amount of real power, but who is Li Feiteng!

According to Li Feiteng's social status, if there is anything, he can completely communicate with his boss and director, or even through the boss of the director, that is, a higher-level leader.

If he asks him, Yi Gang really doesn't think he can help Li Feiteng anything, because he still has to look at the face of the leader and do things.

All in all, although Yi Gang doesn't quite understand why, he feels like a good thing.

Anyway, he can also see Li Feiteng, which is also a very enviable thing for him as a secretary general.

Thinking about it, Yi Gang had already come to the door of the director's office.

The door was not closed, the director was sitting inside working, he looked up and saw Yi Gang, and asked, "Secretary Yi, is there anything wrong?"

In the high-level departments of Huaxia, although there are also leaders and subordinates, it is difficult to form a so-called faction, because everyone's position is not very fixed, and they are basically transferred out in two or three years.

Yi Gang's position is neither high nor low, but if he wants to be transferred, he must be transferred to a higher position, so the current part-time director, seeing Yi Gang, is also more polite, and does not treat him as a subordinate.

"Director, just now Mr. Li's secretary Sang called me and asked me to come over tomorrow at 9 o'clock to meet with him to discuss things, so I will take a day off tomorrow."

Yi Gang said neither humbly nor arrogantly, he didn't attach much importance to this matter, after all, his position was not high for Li Feiteng.

Because the two social positions are too different, it is difficult to be friends and help each other.

When the director heard this, he was slightly surprised, but he was not too surprised, nodded lightly, thought for a while and said, "Okay, you can go." ”

Yi Gang nodded politely, turned around and walked out of the office.

After the director waited for him to leave, he pondered seriously in his heart.

Li Feiteng is naturally not a stranger to her, but he has dealt with the president of Google Group a lot, and he has not met Li Feiteng himself a few times.

He is like this, not to mention Yi Gang.

"How could this Yi Gang be called out by Li Feiteng? He definitely won't know Li Feiteng! (To be continued......)