Chapter 447: G20 Summit
The G20 summit in 2015 was originally to be held in Turkey, but it was decided to hold the summit in April because the global financial crisis and the sluggish feedback from the consumer market were getting closer and closer to a global economic depression. Pen @ fun @ pavilion wWw. ļ½ļ½ļ½Uļ½Eć ļ½ļ½ļ½ļ½
Turkey was angry, unhappy, and willfully refused, because its G20 venue had not yet been built and could not be used for the time being, and even said that if the summit was held in advance, Turkey would not participate.
Who cares about your Turkish face now?
Finally, the foreign ministers of China, the United States and Germany discussed and decided to hold a temporary G20 summit at the EU headquarters in Belgium.
Turkey may not really participate, and all parties will not care about it, but the European Union and the United States want Xu Teng to attend the meeting on behalf of the Huayin consortium.
Xu Teng was willing to go there, but he didn't expect that many high-ranking EU officials, including many European parliamentarians, were very irresponsible and actively participated in the social movement against the Bank of China consortium.
There are now large-scale demonstrations against the China Bank Consortium in Europe, South America and New York, moving hundreds of thousands of people.
In this case, Xu Teng didn't want to go.
However, under the coordination and invitation of all parties, Xu Teng can only go once, in fact, to tell the truth, this G20 meeting, except for China and the United States, no leader has a greater role than Xu Teng in the global economic field.
Although Xu Teng agreed to attend, he only had three days, the first day to attend a press conference, the second and third days to participate in some closed-door meetings, as a Chinese representative to observe, and perhaps also arrange half an hour to speak.
On the evening of the third day, he would go to London, and since he was in Europe, he would definitely go to see his parents.
Maygarrie's two children are also four years old.
Xu Teng rarely saw them, how could he not want to?
As a result, after arriving in Brussels, the press conference on the first day was very lively, and there were many European media reporters, in fact, compared with the European media, the American media is still relatively pragmatic, because the mainstream media in the United States are basically controlled by international consortia, and no one will take the liberty of offending the boss.
The European media is different, it is more of an independent media, there is no taboo at all, some problems are very unqualified, uncultivated, self-righteous and sharp, in fact, they are uneducated things, and they regard themselves as God.
Of course, Xu Teng's experience in dealing with the media is basically at the same level as President Vladimir, and whoever asks a harsh question, his answer will definitely make the other party unable to step down, because he has Dr. Lu to help.
Xu Teng actually doesn't care much about these reporters who think they are gods, a bunch of European white-skinned poor B-eyed, 80% of them don't even have the financial ability to buy a house in the center of Brussels, what is there to care about.
In the next few days, the G20 summit basically did not come up with any clues, basically just blaming each other, and even the leader of a certain country publicly spoke at the meeting, believing that it was China that unilaterally pulled the imbalance in the international resource market, which led to the occurrence of the international resource investment bubble crisis.
Don't think that this is the intellectual disability of individual leaders, in fact, in international public opinion, the media and the public who hold this view are very common.
Xu Teng originally came to attend the meeting, participated quietly, left quietly, and purely went through the motions, but after hearing similar views twice in a row, he was more angry.
It was his turn to speak.
"First of all, I would like to thank the European Union for inviting me personally to participate in this G20 summit, and thank the organizing committee for giving me this precious opportunity to speak. However, as everyone knows that I am not a professional diplomat, my remarks may be inappropriate, and if there is any offense, I hope that the leaders of the countries will forgive me. ā
Xu Teng is off the script.
The leaders all sat in the middle circle, and Xu Teng sat in the second circle on the periphery, just sitting behind the Chinese lineup.
He still glanced at the tablet PC next to him and roughly looked at the prompt, "I must respond to the previous speeches of Japan and Australia, and the next time the two heads of state speak, it is better to change to a technocrat who understands the economy to be responsible for drafting the speech, lest people like me who are engaged in economics hear it and think that you are just using this sacred occasion to engage in international discrimination and slander." First of all, I would like to say a word of gratitude to the Japanese leaders, Japan's three arrows in the past few years have made us international investment banks a lot of money by burning themselves, from the depreciation of the yen to the soaring Nikkei, in the past three years, our Huayin consortium alone has earned 30 billion US dollars, and moreover, the US-Japan treasury bond swap arbitrage is a classic method, basically, all international investment banks are doing this. Without Japan's active cooperation with the United States, it would not be easy for us to make money. ā
"Now, it's not hard for international banks to make a profit, because all governments are burning their lives to print money, and since the subprime mortgage crisis, excess money has been flowing around the world, and there is simply no room for physical investment."
"Personally, I think that none of the leaders present here have made it clear, and the two leaders of Japan and Australia have spoken in a very irresponsible manner, which is disrespectful to all the leaders here. Japan, we all know that it is purely geopolitical competition, and now we are not doing anything else, everything is mainly based on Sino-Japanese competition, I just want to remind Japan, please use reasonable and appropriate ways to compete, how much money you give to the global media and NGOs every year through the Ministry of Foreign Affairs to slander China, I happen to have complete data in my hand. ā
"Why do I want to count this data, because you pose a threat to many of my overseas projects, and you slander me a lot, such as my investment in the Myitsone Dam in Myanmar, that is, you are behind the scenes, how much money you have given to whom, how many people have been organized, and I have sent people to check all of them. Including my investment in nuclear power in the UK, how many pounds you bribed the British think tank, how many slanderous articles you published, and who took the money, I also have a record. ā
"Now, we are trying to revitalize the global economy along the way, and I can objectively say that the biggest obstacle is actually Japan, attacking and competing in this way, and the global economy will not go wrong...... Strange! ā
As soon as Xu Teng said this, there were already politicians in the Japanese camp who stood up and demanded that Xu Teng be stopped from continuing to speak, and there was chaos at the scene. Xu Teng didn't have anything to say, paused, and watched the situation develop.
Waited for dozens of seconds.
The room was quiet again.
"I don't think the Japanese side should be angry, and if it does, it will admit it, because I will release all the evidence today to let the world see the truth clearly. For Japan, for other institutions, I also made it very clear here, I am just a businessman, invest in business, earn profits and continue to expand investment. I don't have any intention of being an enemy of any government, on the contrary, every national and local government is my partner, and cooperation can benefit the world and everyone. I can make a profit, the government can create jobs, people can have an income, that's what we're going to do. ā
"So, I would like to ask Japan to reflect on it." Xu Teng didn't care too much about the reaction of the Japanese side, swiped it on the tablet PC, and flipped to the prompt part of Australia, "Then, let me talk about the problem of Australia, my point of view is very simple, don't get fat yourself, blame the meat sold in the supermarket for being too cheap." I don't have much business in Japan, and this market is too closed for Chinese companies to squeeze into, and I'm afraid there are not many countries in the world that can squeeze into the Japanese market. Australia is different, I have a lot of business in Australia, so I don't want to talk too badly. I just want to say one more thing, don't make Chinese money while laughing at us, the Chinese are very optimistic, very hardworking, and very friendly, but we are not stupid, in fact, we all know in our hearts what Australia is doing. You don't care about the market of 1.4 billion people, and you are the one who loses in the end. ā
"Finally, I would like to briefly talk about my understanding and thoughts on the current special difficult stage of the world economy, I personally believe that the problem is not complicated, in the final analysis, the aging of the population in developed countries and the reduction of the labor force of young and middle-aged people, the weakening of competitiveness and consumption power, led to major changes in the global trade structure from the 90s of the last century to 2007."
"The outbreak of the subprime mortgage crisis has greatly exacerbated the problem, accelerated the speed of this change, further led to a decline in global trade, and once again exacerbated the economic crisis in developed countries."
"The simplest question, Germany, Japan, France, how many real estate developers are still there, a large number of small and medium-sized cities and towns have houses that no one wants, all of them are old people living in them, and young people are concentrated in a few big cities. In these respects, the problems of the United States and China are slightly better, so the Chinese and American economies are relatively less problematic. ā
"This is a structural contradiction, a structural problem, in addition to the population problem, how is the labor competitiveness of developed countries declining, and we also have to ask how many benefits you have paid over the years!"
"In the context of an aging population, you want to maintain high welfare levels and ensure that economic competitiveness does not decline, which is impossible unless other developing countries collectively stop technological progress. Let me talk about the most simple question, everyone is a human being, everyone is a hotel cleaner, why do you earn tens of thousands of euros a year, and I earn tens of thousands of RMB a year, it doesn't make sense, right? ā
"I am a businessman, and I also advocate global progress, but I tell the truth objectively, and the energy of the EU and European politicians to talk about universal values and criticize other countries is a little more restrained, and if they do something practical for the European people, the European economy will be much better."
"In 08, I went to Europe to investigate, and someone told me that the European economy is really miserable, and I said, don't look at the European economy is miserable now, but European politicians always have a way to make Europe worse. From 2008 to 2015, all of you here were national leaders, and if you think about it, was my prediction wrong? ā
"The problem in Europe is very simple, it gives its own workers high benefits, and then finds that other countries do not give it, and they feel that they are at a loss, and they have to ask other countries to implement the same standards as Europe, and by the way, they can stand on the moral benchmark and lash out at other countries and ridicule other countries, especially China."
"There are now a large number of officials in Europe who ridicule me for exploiting Chinese workers to amass wealth, buying European companies just to exploit more profits, to steal technology. I haven't spoken, and I'm too lazy to speak, since I'm here, then I'll tell the truth, I opened my eyes and went to China to see, I have 1.4 million direct employees in China, 90% of them are the richest middle class in China, I basically hold more than half of the shares in my business, and the dividends belong to me, I only take 30% to my charity fund, and 70% to employees. My employees, whether in China or Europe, have 1/4 more living conditions and treatment than their peers in the same region. ā
"As a capitalist, I have a clear conscience. I always say that I am trying to balance the trade between China and Europe, and the trade between China and the United States, because a balanced bilateral trade is sustainable and the most beneficial to my business. ā
"I'm not polite to say that 99% of the products of the European subsidiaries of the Huayin Consortium can be migrated to China for production, even including R&D work. I don't do this, I just feel that there is no need to do it on the premise that the profit can be maintained, and I try to maintain the balance. ā
"The problem in Europe is not the Huayin consortium, but the competitiveness is declining, and some countries are declining fast, some countries are declining slowly, some countries are still rising, and there is the euro, a unified currency, that binds various countries. The value of a national currency is to reflect a country's economic competitiveness, balance a country's economic competitiveness, competitiveness declines, the exchange rate should fall, competitiveness rises, the exchange rate should rise, this is a very simple truth. ā
"I'm here to make a prediction that if the EU doesn't reform the euro, in ten years' time, the EU could have an even bigger crisis. We are all looking at the problem of Italy, which is a very typical problem, the Italian economy is declining, but it cannot be balanced by the currency exchange rate, and the GDP is not decreasing with the decline in competitiveness, but has been increasing, and there is a huge false bubble in between. It is not a problem for one country to have this false bubble in the entire eurozone, and when there are four or five countries with this bubble at the same time, it is sure to create a tragedy in the end. ā
"As for the EU and Europe to solve the problem of declining competitiveness of individual countries, my proposal is very simple, follow the example of the UK, find a way to increase the total population, expand the coverage of higher education, appropriately shrink welfare, and at the same time expand opening up to accelerate the inflow of international capital. I have the ability to do better than the Europeans, to solve the problems of the ING Group, to solve the problems of the high-tech industry, and you will let me solve them. ā
"I'm here to tell you a secret why I'm more successful than other capitalists, the reason is simple, I have the ability to give better treatment to my employees, I can control more shares, and then distribute more of the profits they have earned from their hard work to them."
"I don't believe in the diversification of shares, instead of distributing shares to other capital, other investors, it is better for me to take it and slowly distribute it as a reward to the best employees, a little this year, a little next year. In fact, I don't care about the stock price of each subordinate company, I don't care about short-term profits, I care about long-term interests, long-term responsibilities to the company, employees, and customers. ā
Finally, I would like to critique the question of morality in Europe. European, especially EU officials, are very fond of emphasizing universal values and morality, talking about human rights at every turn, demanding that China, like the EU, implement common welfare standards and common human rights standards, in fact, 50% of them are using public opinion to attract media praise and voter support; 20% is to show off their superiority and compete for the right to speak in world public opinion; 30% is to solve the decline in its own economic competitiveness, completely ignoring the reality that China is a developing country. I am not polite to say, for China, you know nothing, almost ignorant and closed self-righteousness, we Chinese demand that the government, the biggest standard is peace and stability, no civil strife, because in China's thousands of years of history, we have more civil wars than all the other countries of your G20 combined, the United States fought a civil war between the north and the south and was very excited, Europe appeared a Napoleon is very excited, you are completely ignorant of China, we don't know how many civil wars have been fought, how many people have died, From the Spring and Autumn Period and the Warring States Period to the present, every large-scale battle has been recorded in the history books, and how many soldiers have died is accurate to thousands. ā
"We Chinese have experienced too much, and for us, the peace and stability of the country is more important than anything else, because it is a matter of life and death."
"The situation in China is very special, and the situation in the Middle East is even more special, and you can know what it is like to promote democracy in Iraq with a little brain. The European Union and the United States completely ignored the special situation in the Middle East, forcibly promoted so-called democracy, created such a big problem, and caused the collapse of the world economic order. ā
"I didn't want to say these things, but you have to let me come, so I'll ask you, do you still have face? I'm a businessman and have a presence in almost every country, so I really don't want to curse. Xu Teng was really not angry, he said quietly, completely out of the script, anyway, he had already thought about these things countless times, and he could say dozens of minutes with a piece of inner emotion.
"You have shirked all the blame to me, and I won't say anything, okay, then it will be my responsibility, I will bear all the mistakes of these two financial crises, I will bear this pot, and I will bear this charge. You government officials and leaders are completely at fault, and it's all my fault. ā
"I ended my trip to the United States this time, and when I returned to China, I had already thought very clearly that the new investment of our Huayin consortium in the world in recent years was at least 400 billion US dollars. There is no way, the Huayin Consortium is now this scale and volume, not investing in the technology industry and the financial industry, not investing in the real economy, do you all let me speculate on the exchange rate? ā
"Since this year, 80% of the investment of the Huayin consortium has been concentrated in developing countries, such as Brazil, and I think I have the ability to make Brazil surpass the UK in 20 years, if you don't believe it, I can give it a try. For example, in Russia, I also feel that I have the ability to make Russia an industrial and technological power again in 20 years. Finally, I would like to thank the European Union for giving me such an opportunity to express my views on such an important occasion, and also to the leaders of Japan and Australia for their statements that have made me understand that this meeting will not solve any real problems at all. ā
Xu Teng finished speaking, unlike his previous speeches in the European Union and in the parliaments of other countries, this time, there was no applause.
I'm afraid that even the Chinese officials who participated in the talks would have to say that he was speaking too bluntly, and if he were a diplomat, China would have offended almost all countries.
Xu Teng didn't care if there was applause or not.
His Yinmei plan has successfully entered the second stage, which is very smooth, and the layout of various industries is very perfect, occupying 12 seats in the list of 40 "too big to fail" in the international financial industry.
What else is he pursuing?
He didn't pursue it, he was free, he was so willful, he could do whatever he wanted in the future, he didn't lie, he felt that he could solve the problems of Brazil and Russia.
He said that 80 percent of investment should be concentrated in developing countries, which is not wrong, 60 percent in China, 20 percent in other developing countries, and finally 20 percent in developed countries.
The words are ugly, to be blunt, and there is nothing wrong with the truth.
He also believes that if the EU leaders gather together to discuss how to punish him, basically only the EU president will talk to himself, and Britain, France, Germany, Italy, Belgium and the Netherlands will all disperse in a hurry, only as if the other party is a psychopath.
At least for Britain and France, they don't care what the rest of the EU thinks, they just need to compete for the 20% of the $400 billion a year invested by the Huayin consortium.
Yes.
At this point today, Xu Teng no longer asks for anyone at all, he wants the EU to figure out, and now it is the Dutch government that takes the initiative to ask the Huayin consortium to control ING, or even wholly own ING.
This is a contradiction between the EU and the Dutch government, please don't blame it for his greed.
The EU still thinks that it has gold bumps in its hands, but in fact it is a bunch of junk stocks, and now in this situation, whoever invests in the European financial industry has a problem with his brain.
This is where Xu Teng is most angry.
In particular, the merger and acquisition of ABB by the Central Control Group has nothing to do with the EU, ABB is originally a non-EU Swiss and Swedish company, but the main sales market is in the EU.
The EU actually had to scrap the deal in order to protect Siemens, and behind this was sabotage by the German government, Siemens and the German media.
Switzerland and Sweden do not have their own political forces and parliamentarians in the EU, and it is difficult for them to play a direct role like Germany, and they have to rely entirely on the lobbying power of the Huayin consortium in the EU to promote the takeover and fight against the opposition of Germany on their own.
This really made Xu Teng's heart cold, tired and bitter.
All right.
Xu Teng thought about it, since the EU played like this, he would accompany the EU, Germany and Siemens to the end in another way.