Chapter 468: A Plan

For a long time, there has been an idea within China to move the labor-intensive industries along the coast inward, and try to maintain this advantage in foreign trade and exports. Pen Fun Pavilion wWw. biquge。 info

This is unrealistic.

Because China's logistics costs are not low, importing raw materials from overseas, transporting them to inland processing and production, and then shipping them out and exporting them to overseas markets, which outweigh the losses, and the cost is simply not able to compete with the markets of Vietnam and India.

Even the Yangtze River Economic Belt, led by Xu Teng, has not adopted this kind of thinking.

The layout of Huateng Industrial Consortium in the Yangtze River Economic Belt is mainly aimed at the middle and high-end industries and the internal market, and the middle and lower reaches of the Yangtze River are the main body.

Today.

Xu Teng's view is to maintain the low-end labor-intensive industries in the domestic market demand through unmanned mechanization and intelligent production as much as possible, as well as the transfer of production capacity to the second and third lines, and at the same time with the help of the Belt and Road Plan, try to disperse and transfer labor-intensive industries, so that no country can enjoy the dividends of global industrial transfer.

For a long time, the three major centers of gravity of China's economy will still be the Yangtze River Economic Circle, the Bohai Economic Circle, and the Pearl River Bay Economic Circle, and other coastal economic zones can only be complementary forces.

The reason for this lies in logistics.

In other words, the success of the Yangtze River Economic Belt led by Xu Teng is largely due to the fact that the construction of high-speed rail has liberated the logistics pressure of the Yangtze River Economic Belt and released the transportation capacity of the railway to the freight system.

At the same time, with the development of the economy, when the raw materials imported from overseas markets are used more to meet the needs of the local market, the production capacity can be more dispersed, closer to the consumer market, and move to the provinces with large populations, rather than continuing to be concentrated in the coast.

This new development trend has further eased the pressure on logistics, so that the Yangtze River Economic Belt, which accounts for 1/4 of the Chinese population, has more room for development.

To a large extent, the development trend of Huayin Consortium in China is to grasp this trend and follow the trend, which is of course very easy, with more profits and more technological innovation and progress.

The development of the Huayin Consortium and the Huateng Industrial Consortium will also have a great impact on China's economy.

In 2016, China's total nominal GDP reached $14.47 trillion, compared to $18.95 trillion for the United States, which means that around 2022, China will surpass the United States to become the largest single economy in the world.

In this situation, Xu Teng made two very important new decisions, one is to fully intervene in the Pearl River Bay Economic Circle, leading the industrial upgrading and optimizing the layout, and the other is to fully invest in the Huaihai Economic Circle, on the basis of the three major economic circles, to build the fourth pole of China's economy, and promote the development of the entire Central Plains Economic Region.

These are the two major trends of his investment in China, and he is very little involved in other things, because the rate of return is not high, and there is not much room for investment.

He has enough capital and strength to do big business, and only by doing big business can he earn the most returns.

In a thousand words, investing in China is still profitable, and investing overseas is indeed risky.

For example, the Jakarta-Bandung high-speed railway in Indonesia, although there is the participation of the Huayin consortium, it is really unknown whether it can make money in the end, because from Jakarta to Bandung, the real estate properties in the city are basically not in the hands of Chinese capital.

The share of the Huayin consortium in this region is not very large, far less than the local capital in Indonesia.

In this case, the rate of return on this kind of business is very low.

In contrast, the Huayin consortium has a high proportion of assets in Malaysia, which has made this investment profitable, and under Xu Teng's personal lobbying, Malaysia has been accelerating the depreciation of the currency since 2007, reducing its nominal GDP per capita to $7,500.

With lower GDP, higher growth rates, and full employment, there will be more cyclical time to invest in education and expand the education level of the people, so as to have the opportunity to break through the trap of moderately developed countries in one go.

Taking advantage of this time, the Bank of China Foundation joined hands with Malaysian Chinese businessmen to expand three Chinese-based Chinese universities - Kuala Lumpur Chinese University, Huaqiao University and Selangor University of Technology.

Similar work, the Huayin consortium has done a lot in Malaysia.

Therefore, Xu Teng's investment in Malaysia has a long-term optimistic attitude, in fact, between Singapore and Malaysia, the flow rate of Chinese is still very high, and the economic situation of the Straits State is not high, and the talent will flow to Malaysia if it declines for two consecutive years.

On the contrary, if the economic situation of the Straits State is good, the Chinese elite of Malaysia will flow to the Straits State.

This is business, manipulating confidence is the best business, and once confidence is lost, all kinds of things will deteriorate dramatically.

Soon after returning to China, the prime minister of the Straits State visited Hanoi again despite his initial recovery from a serious illness and issued a series of statements, really advocating ASEAN to unite with China for overall negotiations, and it is said that he also privately discussed many cooperation agreements to support Vietnam in developing its coast guard force and strengthening military ties and cooperation.

The ambassador to the United States had previously tried his best to persuade Xu Teng to meet with Li Xinglong, hoping that Xu Teng would make concessions in exchange for the Straits countries to refrain from doing these things that harm others and themselves, and the Straits States also used this as a game to ask the Chinese government to force the Huayin consortium to make concessions.

If the Chinese government does not take action, the Straits States will inevitably continue to increase their weight, even including sabotaging the RCEP negotiations and undermining China's relations with ASEAN.

This is the battle between countries.

Xu Teng has nothing to say, he is not in a hurry, let alone winning or losing for a while, not to mention that with the current situation of the Straits State, he can short the opponent's exchange rate at any time, and the goal is to directly target the stock market that the opponent must save, and crush the opponent's Asian financial center ambitions.

Temporarily.

Xu Teng will not do this, because his current attention is on the Indian side.

After the New York Times took the lead in revealing that India's new banknotes were caught in a counterfeit banknote turmoil, various information was widely spread and hyped in the international media, and the three major rating agencies unanimously lowered India's sovereign debt rating by two notches, slipping from 3B to B, which means junk bonds.

India, a country with super self-esteem, first reacted strongly to the New York Times, declaring that India's new banknotes are not counterfeit, and the so-called identical numbers are just printing failures.

The Indian government supported it, and when it lasted until February 15, it finally couldn't hold on, and the stock exchange rate fell by more than 40%, and the stock market fell by half in half a month, from 31,420 points to 13,170 points.

Moment.

The Indian government has a plan in mind, claiming that this is a conspiracy between China and Pakistan, because the largest shareholder of Wall Street Information Company, which belongs to the New York Times, is a Chinese-funded company, China Huateng Industrial Holding Group Corporation, and all the counterfeit banknotes are forged by China and Pakistan, with the goal of striking at the Indian economy and calling on the Indian people at home and abroad to quickly collect dollars and protect the rupee exchange rate.

Of course, the governments of China and Pakistan want to deny it, but it is the fault of the Indian government and people that they do not care.

So what?

1/3 of the new banknotes on the market are counterfeit.

India can only do one more demonetization order and exchange new banknotes, this time it has learned to be obedient and directly entrusts the German G&D Group to be fully responsible, the problem is that the Indian banking system has no way to identify the difference between new counterfeit banknotes, and can only reluctantly exchange all super counterfeit banknotes into new banknotes.

What a broken egg!

What a toss-up, the Indian people have been queuing for three months, and finally they have all been exchanged for new banknotes, and they have to be changed again. In addition, G&D's counterfeit detector system is different from that of the British Denaro Group, and the entire Indian banking system will have to be upgraded.

If nothing else, let's talk about the efficiency of the Indian banking system, which has to be tossed out of.

The most embarrassing problem is that there is a serious shortage of circulating currency in the Indian market, the old banknotes cannot be used, the new banknotes cannot be used, the exchange rate has plummeted, and the stock market has plummeted.

India also has no way to exchange the old banknotes, because the anti-counterfeiting technology of the old banknotes and the new banknotes is basically the same, and the new banknotes have a serious counterfeit problem, and the old banknotes also have a serious counterfeit problem.

Because of the large scale of circulation in the Indian market, the poor ability of the public to identify counterfeit banknotes, and the large scale of the black market economy, it has always been a market closely watched by international counterfeit banknote groups.

India also lacks technical strength, not to mention the production of aircraft cannons, and even the ammunition supply equipment is heavily dependent on foreign countries, and the modern banknote anti-counterfeiting technology is completely dependent on the three major international banknote companies.

There are dozens of manufacturers of money detectors in China, but in India, there is no one at all, and all of them are controlled by the three major international banknote companies.

This is the bizarre result of a country's lack of technological strength and its vain attempt to become a superpower.

Having said that, India is really a magical country, Xu Teng originally thought that India would toss so many times, and the support rate of the BJP would collapse seriously, but he did not expect that after sacrificing the big killer weapon of the China-Pakistan conspiracy theory, the support rate of the BJP actually created a new historical record.

Holy!

It's useless to have support alone.

India's foreign exchange has been broken, there is a serious shortage of foreign exchange, and normal import trade cannot be carried out, and the newly appointed governor of the Reserve Bank of India can only propose to borrow debt financing with the Huayin AIG consortium.

Soon, the governor of the Reserve Bank of India became Prime Minister Muti's special envoy and visited the United States for help, in fact, mainly to negotiate with Xu Teng, and he was accompanied by Chairman Mukesh Ambani, the richest man in India, to visit Xu Teng.

All three are strangers.

The new governor seems to be incorruptible, and the amount of US dollars he has collected from the Huayin AIG consortium over the years is really large, but it is all through black market transactions and overseas asset operations.

The three talked for a morning and reached an agreement.

India has changed its rhetoric and excuses, blamed Pakistan and international crime syndicates, and cleared China and the Huayin consortium so that the consortium can provide emergency financing to India.

After talking about this matter, Xu Teng finally persuaded Intel and IBM to join the IAS system.

At this point, Xu Teng has nothing to do in the United States, and the things that should be dealt with have been dealt with, as for whether President Drape can gain a firm foothold in the American political arena, it can only depend on the strength of Dramp and the Republican Party.

Xu Teng has done his best.

At this time, the trend of Sino-US relations is still confusing, and Xu Teng cannot guarantee that everything will develop according to plan, but with the counterattack of the US media and the Democratic Party and the Republican establishment, US-Russian relations will definitely not improve.

Under such circumstances, if Sino-US relations cannot be stabilized as soon as possible, Xu Teng estimates that the US media and the Democratic Party will not be able to stand it.

Before leaving the United States, because the Chinese and US heads of state have been electrified, Xu Teng can officially go to the White House to meet President De Lamp, this time the meeting is only half an hour, but there are too many communication channels between him and the White House, and this meeting is actually just a goodbye.

President Drap must be grateful to Xu Teng for his behind-the-scenes coordination, at least in the region of the five major television networks in the United States, with the support of NBC and FOX, and the attitude of ABC is much more low-key than in the past.

The positions of the four major U.S. newspaper groups, the Wall Street newspaper group, the Gannett newspaper group, and the three major U.S. news networks all cooperated more obviously.

In addition to coordination in the media field, the most important thing is the capital level, and the five most important industries in the United States, finance, medicine, petroleum, semiconductors and network technology, and automobiles, are also exerting pressure behind the scenes to force Congress to maintain the unity of the United States.

Of course, the condition is that the Obma health care bill cannot be repealed, financial regulation reduced, nuclear power and tax cuts across the board for the time being, and if the White House fails to deliver on these promises, then don't blame the American capitalists for turning their backs on the ruthlessness, and the 2018 midterm elections have made the Republican Party look good.

At that time, even if Xu Teng asked AIG Group and Morgan Stanley to coordinate on behalf of Wall Street again, it would be useless.

As for the Democrats, they must be determined to undermine the promise of the White House and let the White House and the Republican Party achieve nothing, waiting for the 2018 midterm elections to turn around.

That's what American politics is all about.

Even Xu Teng can't control anyone, because each side has its own interests, the Republican establishment, the Tea Party, the Democratic elite, the Democratic progressive, every big faction has the ability to shut down Congress.

Xu Teng can only say that he has many partners in the United States, and through these allies, he can coordinate a temporary stable situation and give President Drape a respite for a year or two.

At that time, I'm sorry, Xu Teng can only give up President Derump, the small boat that will capsize at any time, after all, Xu Teng has too many interests in the United States, and neither party can offend.

The American elite knows that he has an influence on American politics that cannot be underestimated, but his help to both parties is the same, and the number of Democrats and Republicans depends on your own campaign skills and changes in public opinion.

Anyway, Xu Teng is the sword bearer of Sino-US capital cooperation, Chinese capital enters the United States through him, and American capital enters China through him, and he must not offend anyone.

Including this time in New York, in his busy schedule, Xu Teng also took time to bring his family to the Cinton family as a guest, proving that he and the Democratic Party are also very good.

Xu Teng will return to China with his family tomorrow, so in the afternoon, he went to the White House to meet President Drape, and then accepted an interview with reporters together, shaking President Drape's little hand vigorously.

That's it.

Xu Teng has done everything he can do in the United States.