Chapter 327: The Eighties' Pit Daddy Exchange Rate

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According to Li Mingbao's calculation, the premium of one mu of land is 20 percent, then it will have to be an extra 2,000 US dollars per mu of land, which is not a small amount. Pen | fun | pavilion www. biquge。 infoSo after seeing this price, Minister Zhao didn't complain at all.

If you really want to put this matter into practice, which department will not agree? If anyone does not agree, in the hands of their Ministry of Foreign Trade and Economic Cooperation, it is not that there is no land in the second ring road, is it just 45 acres of land, and there is no problem in eating it at home, and even Minister Zhao at this time has directly classified this problem into their foreign trade and economic cooperation mouths, and with such a high compensation, maybe their Ministry of Foreign Trade and Economic Cooperation will be able to take advantage of the hotel in the future.

Next, for a few days, Li Mingbao and the others were grinding with Minister Zhao, including the construction of the hotel and the land issue, one by one. In the end, a preliminary agreement between the two sides was reached.

The first intention was the name of the hotel. Originally, Li Mingbao wanted to plagiarize the mainland name of the Sheraton Hotel, but he didn't expect that Sheraton had a fairly early history of development in the mainland, and it would be able to open in the mainland in two months.

When he heard the news, Li Mingbao was quite uneasy, Nima. I thought that only I could figure it out first, seize the market first, and take care of the issue of equity, anyway, according to the degree of openness of the mainland, it would only be a simple matter to recover the equity at that time.

But Li Mingbao didn't expect that Sheraton landed on the mainland much earlier than he imagined, Nima, you will open in two months. Let me rub it, what about your arrogance as a foreign capital? What about you as a foreign capitalist? Do you want to be disciplined? How do we mix people like us?

Li Mingbao is dissatisfied with Sheraton at the same time, but also very resentful of the mainland, Sheraton's hotel is about to open, you still tell me that the mainland market is more dangerous? Doesn't this make it clear that you want Sheraton to grab the market first? As a Hong Kong capital, it is one level lower than the real foreign capital? What's the point?

So after knowing that there is now a bad wolf like Sheraton in the mainland, where can Li Mingbao wait, he immediately thought of another name, Four Seasons Hotel, and similarly, the name of this hotel is also plagiarized. Although it is plagiarism, but the Four Seasons Hotel has not even opened its own hotel in Hong Kong this year, so the Chinese name Li Mingbao copied and copied, no big deal, does not involve copyright issues, as for the real Four Seasons Hotel in the future in the Chinese area to open a hotel with what name, then it has nothing to do with Li Mingbao, I used the name more than ten years before you, can you still find me to fight a lawsuit?

For the positioning of the hotel, Li Mingbao naturally can't make it as tall as the real Four Seasons Hotel, Li Mingbao is not as exaggerated as the local tyrants to the interior of the hotel with antique cultural relics of foreign celebrities, the big deal is to take advantage of the low price of Chinese cultural relics now, start with some good things, and display them in the best room when the time comes.

As for selling this hotel back to foreign countries, it is really a long way to go, at least Li Mingbao has no time to play such a game, as for whether his eldest brother has such an idea, Li Mingbao can't care about it, anyway, Li Mingbao's main business is not on this piece, and the hotel will be good and bad in the future, and Li Mingbao himself has little to do with it.

understands that even the hotel industry in the mainland is not its own, Li Mingbao's mood is a little more urgent. Fortunately, in the year of Sheraton, there is only one hotel in Yanjing in the mainland, which is not so aggressive compared with Li Mingbao's large-scale investment.

After all, although the mainland has not been so particular about it in recent years, the Sheraton sign is much louder than Li Mingbao, a halfway monk. If you really play against them, in the end, it will most likely be the Li family, after all, the Li family is only a Hong Kong businessman, and the Sheraton Hotel is a real foreign businessman.

On the mainland side, although as long as it is an outside investor, it has the title of a foreign businessman. But in fact, foreign businessmen are also divided into three, six, nine and so on. Foreign businessmen like North America and Europe are the really top foreign businessmen, and even if they don't invest much, they have the strongest political influence.

Japanese businessmen, on the other hand, can be regarded as second-rate foreign businessmen. After second-rate foreign businessmen like Japan, there are businessmen from Hong Kong, Macao, Taiwan, Southeast Asia or some other regions. can only be regarded as a ninth-rate, not a top-notch.

At best, the Li family can only be regarded as Hong Kong businessmen, and even the identity of Hong Kong businessmen has to be discounted, after all, whoever calls the Li family is not a pure Hong Kong businessman, and the people of the Li family are in the mainland, and they still have a political identity, so they can be regarded as half of their own people, and it is impossible for the mainland to treat the Li family like a real Hong Kong businessman.

The identity of the Li family is in the mainland, and it is a mixed bag. The good thing is that the mainland does not regard the Li family as an outsider completely, and many industries that are difficult for outsiders to get into want to intervene, as long as there is enough capital, the conditions for the Li family to enter will be slightly less advantageous than that of state-owned enterprises, but compared with pure Hong Kong businessmen, it is much better.

However, the bad thing is that the mainland does not completely regard the Li family as outsiders, and under such conditions, the mainland side will easily assign some political tasks to the Li family on the mainland, which can be regarded as semi-official things, just like those semi-official enterprises in the later generations of the mainland, which do not have the name of state-owned enterprises, but are actually doing the business of state-owned enterprises, and the officials are also supporting their causes, and even in many cases they have to look at enterprise problems according to political ideas.

With mixed results, how to grasp this degree should be a problem for Li Mingbao to consider. It's just that Li Mingbao doesn't need to worry about these things now, because the mainland is still a little unfamiliar with the current Li family, and only after the run-in is good, will there be more advanced actions.

Determining the name of the hotel is only the simplest problem, and the subsequent problem is the troublesome thing. The first is about hotel investment, that is, how to convert Li Mingbao's 100 million Hong Kong dollar investment.

It's definitely quite a headache. If it is the official price of the mainland, one yuan can be exchanged for three Hong Kong dollars. Li Mingbao's investment of 100 million Hong Kong dollars has to be calculated at the official price, and in the end, the amount of investment on the mainland side is only more than 33 million yuan, and the mainland can complete the joint venture with 35 million yuan in materials.

Such an exchange rate, let alone now, even after 30 years, there is no such bullying, 30 years from the RMB to the Hong Kong dollar, that is, one dollar for seven or eight yuan. At that time, the renminbi was really able to be cashed directly in many countries.

And now the renminbi is definitely a weak currency in the world. What is a weak currency? That is, if you take the renminbi abroad, few countries will recognize such a currency at all, and simply put, you can't buy cigarettes with the renminbi outside. And this year's Hong Kong dollars, but can be directly exchanged with the US dollar, although the price is a little different, on the black market now ten Hong Kong dollars or more can be exchanged for a dollar, but at least it can be exchanged, unlike the RMB, there is no chance to exchange.

Such a currency, let alone one to three, even if it is one to one, it is a loss-making transaction for the Hong Kong dollar. If a small amount of Hong Kong dollars goes according to the official rate, it is not a big deal to suffer a loss. However, a large investment like Li Mingbao, 100 million Hong Kong dollars came in, but it could only be exchanged for more than 30 million yuan, and the loss of the exchange rate alone swallowed up two-thirds, which is faster than grabbing money.

But this is the official exchange rate of the mainland, saying one is one, saying two is two, since you have invested in the mainland, then you must abide by the rules of the mainland. Even if the money is directly swallowed up by the exchange rate, you can't find trouble on the exchange rate, only to recover the loss from somewhere else.

It was at this time that Li Mingbao understood why as long as foreign businessmen invest in the mainland, they are basically tax-free for a few years, and after half tax, and after investment, there are countless advantageous conditions, such as three links and one leveling, foreign businessmen do not have to consider at all, they are all done by the mainland, and foreign businessmen do not interfere at all.

The reason why the mainland has such conditions, in Li Mingbao's view, is nothing more than because the mainland's exchange rate is too pitiful, and the mainland itself is embarrassed, and the exchange rate problem is not easy to change. Only then did such an off-site compensation model come out, that is, other external conditions.

Don't think that the mainland's official is completely oriented to investors, and even state-owned enterprises do not have such treatment, the truth in this is that in Li Mingbao's view, that is, foreign investment has been hit hard when it enters the mainland market, if it can't make up for it in other aspects, after foreign businessmen enter the mainland, they really don't have too many money-making advantages, and after a long time, foreign businessmen will not invest in the mainland. That's why there is such a compensation plan, which balances the hearts of foreign businessmen a little.

And this practice has continued since then, but on this basis, foreign businessmen have come up with another trick of stealing beams and changing pillars. That is, the initial investment is paid in foreign exchange, and the subsequent investment is completely paid in RMB, and if you suffer a loss, you will not suffer a loss in the exchange rate after that. Or in the future, foreign businessmen will directly use RMB to invest in the mainland. As for how these foreign businessmen came to the RMB, it is even simpler, the money they earn directly in the mainland, they invest it themselves, or exchange it in a small range of foreign business circles at the exchange rate they think is appropriate, anyway, the money that foreign businessmen earn in the mainland is all RMB.

This thing can't be used abroad, and only by exchanging it for currency or goods can they really make money, not the useless RMB abroad. Perhaps it was because the market was so big that the exchange rate could not be changed, so there was a big dive in the RMB exchange rate in the 90s.

Because if you don't dive, the exchange of RMB between foreign businessmen will directly affect the real exchange rate of RMB.