One day in 1984, at Yanjing Capital International Airport, in the No. 1 terminal not long after it was put into use, several middle-aged people in suits and leather shoes looked anxiously at the entry channel, and one of the leaders looked at his watch, although the temperature in the airport was not high, but the tip of his nose still dripped.

"Why haven't you come yet?" After looking at his watch again, he couldn't help but complain to the young man holding the pick-up sign high next to him.

The young man who was questioned gave a stirring blow, and took the opportunity to put down the receiving card that had been held high for a long time, and he beat his sore shoulder, and replied with a little teasing:

"Land, the radio hasn't said that the flight has arrived, let's find a place to rest for a while, I've been lifting for most of the day, and my waist is about to break!"

"Hey! How do you kid talk about it? It's only been a few minutes, and you're tired! I think when I went to the mountains and went to the countryside, I had to carry hundreds of catties of dry firewood a day! I didn't shout tired, but you shouted first, alas, I said you ......" The leader surnamed Lu rolled his eyes, his mouth was like a machine gun, and he began to teach the young man a lesson.

The young man lowered his head and pretended to be humbly taught. However, in his heart, he began to refute the oily-faced, pot-bellied leader in front of him word by word.

"Tell me what kind of hero was before? If you have the ability, now you can carry a few hundred catties of dry firewood! Look at your fat brain! You are a fool, when you see foreign guests, you are like a grandson, and you know that you are majestic in front of your own people! Phew! ”

He could never say these words, but he could only lust them out in his heart.

The fat-headed and big-eared leader spat for a long time, and when he saw that the young man was drooping his head, he looked dejected, and he thought that the lesson was almost over, and he happened to be dry-mouthed, so he proudly pointed to the semi-recliner in the rest area, and said in an unquestionable tone:

"All attention, go over there and rest for half an hour. Xiao Zhong, go buy a few bottles of water! ”

As soon as he finished speaking, several other people who were still dignified breathed a sigh of relief and walked towards the rest area regardless of their image. As one of them walked, he untied the tie around his neck, as if it were not a tie, but a rope for his life.

As soon as they sat down, they eagerly took out their cigarettes from their bosoms and began to smoke as if no one was around.

The passengers sitting near them covered their noses and got up one after another to flee from their surroundings, and several of them did not care when they saw it, but instead spewed smoke from their noses even harder.

The leader surnamed Lu was still standing in place, taking in their behavior, and hummed dissatisfiedly: "It's really mud that can't support the wall, how can you receive foreign guests with this virtue!" ”

He withdrew his gaze, only to find that there was a hand open in front of him, and it was the little bell he had called to buy water earlier.

"What? Want food? He knocked down the palm that was lying in front of him and said unhappily.

"Director, I really want money! You don't know how expensive things are at the airport, even a bottle of water costs five dollars. I'm a poor student, how can I have so much money, and I don't know if I can issue an invoice for reimbursement! Xiao Zhong smiled and said embarrassedly.

"Humph! Take it! The leader surnamed Lu took out his wallet from his arms, counted four "steelmakers" (5 yuan), handed them to Xiao Zhongdao, and did not forget to remind him at the end: "Don't forget to issue an invoice!" ”

20 yuan in the first year is not a small amount, and even Director Lu of Huaxia International Trust and Investment Company is in pain.

Huaxia International Trust and Investment Company was founded five years ago by Mr. Rong Renyi, known as the "red capitalist", under the advocacy and support of the then senior management of Huaxia. In the early days of its establishment, it was regarded as a window enterprise for opening up to the outside world by the top management.

With a registered capital of 200 million yuan, the board of directors of Huaxia International Trust and Investment Company includes a large number of capitalists who have survived the industrial and commercial transformation, as well as some patriotic entrepreneurs who have become increasingly famous in Hong Kong and Macao.

In 1980, Huaxia Trust and Japan Oriental Leasing jointly established Huaxia Oriental Leasing Co., Ltd., opening up the field of financial leasing to foreign capital.

In 1982, China AMC hired Nomura Securities, Japan's largest brokerage, and successfully issued an annual interest rate of 8. The 7% 12-year Samurai Bond raised 10 billion yen in capital. This is the first time that Huaxia has issued overseas bonds.

Samurai bonds are foreign bonds issued in the Japanese bond market and are traded in yen. In the same way, foreign bonds traded in the U.S. dollar are called Yankee Bonds, while in the U.K. market, they are called Bulldog Bonds.

"Samurai", "Yankee", "Bulldog" represent the three most developed countries, respectively.

It was not until 2005 that a financial institution was approved to issue bonds in the interbank bond market for the first time, in an attempt to open up the bond market to foreign institutions. Bonds issued by foreign institutions in the ChinaAMC capital market with RMB as the trading currency are called panda bonds.

Back to the point, when the little bell, who had been assigned everywhere, hurried to the crowd with four bottles of mineral water, several people had already smoked several rounds of cigarettes, and knuckle-length filters were thrown all over the floor.

They smoke imported cigarettes, and there are not many domestic cigarettes with filters, and it is quite face-saving to be able to smoke at the big front door these days, and these people are smoking "good friends" and "Hilton".

In this kind of company, which often deals with foreigners, there is naturally a way to get rare foreign cigarettes, and when most parts of the country are still using food stamps and oil stamps, the middle and senior management of Huaxia Trust can already frequent foreign restaurants.

At this time, a few years after the reform and opening up, the senior management of Huaxia Trust had begun to frequently contact the international financial circles, and they often invited some well-known financial figures in the capital markets of some Western countries to come to Huaxia to give lectures on the knowledge of the international financial market.

The whole country opened its doors and eagerly learned the advanced things of Western capitalism.

Four years ago, Yenching University, the No. 1 university in China, was honored to invite the previous year's Nobel laureate in economics, Theodore Brown. Schultz came to Yanyuan to explain the economics of the Chicago School, which is flourishing in the West, and Schultz himself has long focused on the study of agricultural economy and agriculture-based economic development, and is regarded as the "father of the concept of human capital" by the Western school of economics.

What was embarrassing was that at that time, it was difficult for the entire Yenching University to find someone who was proficient in Western economics, English interpreter and haode, so in desperation, it had to let a student surnamed Lin who had absconded from across the strait be Schultz's translator.

Who would have thought that Schultz would take a fancy to this student and accept him as a disciple. Two years later, the student surnamed Lin graduated from Yenching University with a master's degree, and then crossed the ocean to study for a doctorate at the University of Chicago, the mecca of economics.

A few years later, the student returned from the United States and founded the Center for Chinese Economic Research at Yenching University, where he made great contributions to the research and teaching, talent training, academic exchanges, and policy formulation of Chinese economics.

In addition to Yenching University, other institutions of higher learning have also come forward to invite a large number of international elites to give lectures and lectures in China, and some of these Chinese elites have recommended themselves as recommenders, introducing a large number of domestic students to study for degrees in prestigious foreign universities.

Among them are the famous Chinese economist Zou Zhizhuang and the Chinese Nobel laureate Tsung-Dao Lee.

Through their recommendation and sponsorship, a large number of mainland students were able to stay abroad, most of them successfully obtained degrees, and some later returned to the mainland to nurture another group of students.

It's the most haode era!

Xiao Zhong, a student at Yenching University, was a sophomore this year, and because he was fluent in English and was very familiar with financial knowledge, he was sent by the school office to Huaxia Trust to receive a student named Raymond. Dario's American financier.

As soon as he walked in front of the crowd, the water in his hands was immediately snatched up. Looking at several cadres grunting water, he swallowed his saliva with difficulty, pointed to Mr. Ray Dalio on the pick-up card and asked:

"Director, this Ray. Who is Dario? ”

"Whoever he is! Let's take him and hurry back, this damn life is really not done by people! The pot-bellied big back drank the mineral water in the plastic bottle in one go, burped comfortably, and then replied slowly and leisurely.

He was the only one of the few people present who was at the right level, so Xiao Zhong's "Director" was exactly what he was called, and the others didn't dare to answer casually.

Xiao Zhong didn't ask any more questions, sat down in the chair and pretended to sleep.

There is a strange phenomenon in the Chinese state, that is, the leaders in state-owned enterprises also have administrative levels, and the typical government and enterprises are not separated. Some cadres may change from administrative positions to the number one leader of the enterprise, and there are also leaders of the enterprise, and Zuihou has stepped into the officialdom.

A few years after the reform and opening up, the state had just abolished the people's commune system in the rural areas and implemented the household contract system, and the peasants' incomes had increased considerably, while private enterprises were still in the ascendant, and the famous "fools" had only obtained the state-registered trademark rights not long after.

Weishenme mentions "fools" because in this snack brand, you can see the impact of the policies of the time on private enterprises. "Fool Guazi" and its founder Nian Guangjiu are a weather vane.

At this time, the mainland's Chinese financial market had just been established, and the first securities trading business would have to wait two years for it to start. Prior to this, only some state-owned enterprises were able to carry out some financial business in the international market.

"Greeting passengers, please note that the US×××× flight from New York to Beijing will arrive in 15 minutes, xiexie. LadiesandGentlemen，MayIhaveyourattentionplease。 Just when everyone seemed to be asleep, the airport prompt sounded appropriately, waking everyone up from their false sleep. The five of them hurriedly cleaned up, with smiles on their faces, and waited motionless in front of the entry gate.

Not long after, a tall, brown-eyed middle-aged white man walked out with a suitcase, wearing a white shirt and chinos pants, and walked straight up to several people and stretched out his hand.

“Hi，I‘mRayDalio，Thanksforcoming。” (Hello, I'm Ray. Dario, Xiexie, come on...... ）