Chapter 1152: Celestial Empire (Medium)
Chapter 1152 Celestial Dynasty (Medium)
Although the Chinese government has repeatedly opened up the control of the exchange rate, no one has ever thought that the Chinese government would directly open the exchange rate control so simply, but I didn't expect it to be unimportant, as long as there is a profit in it, for international speculators, it is inevitable that RMB is underestimated, even ten years ago, when the economic crisis had just passed, China's overall strength began to rise, at that time everyone knew that the RMB was undervalued, But because the exchange rate of the RMB is controlled by China's central bank.
So even if they know this, they don't have any way, it's not like Japan, Hong Kong, Thailand, the currencies of these countries can be attacked freely, the exchange rate is determined by the market, and now China has suddenly announced the opening of currency control, which means that the exchange rate of RMB will fluctuate with the fluctuation of the market, which is completely nothing more exciting for financial speculators than a new type of open market currency.
Although the time of knowing the Tao is a little late, it doesn't matter, there is still enough time to withdraw funds, but the ecstasy in the hearts of these financial speculators has not lasted long, and a shocking news has come directly. Ms. Xia Xuelan, the current chairman of the Starfall Group, directly held a press conference to the public, and the Starfall Group has allocated a total of 3.2 trillion US dollars to help the Chinese government maintain the stability of the RMB.
3.2 trillion yuan! This news is like a basin of cold water poured directly from the beginning to the end, all financial speculators have a feeling of wanting to cry without tears, don't take you to play like this! It's cheating! What a blatant cheat! It's not news that China's economy has surpassed the United States to become the world's largest economic entity, and it was like that for about two years, but again, the Chinese government has continued to frantically build infrastructure in recent years.
The kind of frenzied road construction across China is shocking to other countries. Although everyone doesn't know what crazy the Chinese government is pumping, but the government is willing to do infrastructure construction, they can't say anything, and the Chinese government has also greatly increased the social minimum security system, which is different from the previous almost negligible minimum security system, and the current minimum security system can be relied on.
The provision of a minimum social welfare system for those who are poor and backward and those with disabilities, as well as other new old-age security and so on, all require a huge amount of investment, although because of the help of the Starfall Group, China's newly established national credit plan. And the new generation of ID cards has completely eliminated the people who cheat insurance like in the past, and still receive the subsistence allowance despite their high incomes, but there are more new joiners!
So the Chinese government definitely doesn't have much cash in its hands, and it's leveraged. Generally, financial speculators with a little bit of bull fork can basically achieve a ratio of 1:100, that is, 100 million US dollars in the international financial market. You can leverage $10 billion in financial leverage. Even some of the slightly worse means are at least dozens of times more, but the Starfall Group is too rebellious, is it?
3.2 trillion US dollars, although proportionally speaking, they have more than 30 billion US dollars to leverage, but in fact this is not the case, just like the Hong Kong financial crisis in 97. Hong Kong has worked together to get through the financial crisis, and the principle of financial leverage seems to be very profound, but it is actually very simple, it is nothing more than how many people you can follow the trend by looking at how much your influence can drive.
Now the behemoth of the Starfall Group is going to fight. Ordinary retail investors, do small households dare to follow them to play? Ninety percent of the people don't dare to play with them, and if they play by themselves, it is impossible to smash the exchange rate, just kidding, that is the world's largest economic entity, I don't see that the United States will have economic problems except for economic crises, other times, when will anyone dare to play with the American economy on the head of the United States?
Therefore, this evil fire was directly extinguished by the cold water of the Starfall Group when it was not surging, but the Starfall Group could not resist the laws of the market no matter how awesome it was, and the ratio of RMB and US dollars was rapidly rising after the opening up of the Chinese government, and the increase increased by 300% in just a few days. When this ratio stabilizes, the ratio of US dollars to RMB is close to 1:2, that is, 1 US dollar to 2 RMB.
Such a large-scale increase in the market value of RMB will undoubtedly cause great losses to the Chinese government, including international and domestic losses, and the most bankrupt enterprises and the like will not say much, these are the most important needs to be paid by the Chinese government, which is the consequence of RMB appreciation.
So then this turmoil, when the exchange rate of RMB has not stabilized, the Chinese government directly announced that China has developed a new type of energy crystal, similar to energy batteries, but more efficient, safe, energy-saving, efficient, and pollution-free than batteries.
And in cooperation with several heavy industry automobile factories, it will withdraw from the car installed with the new energy crystal, according to the different energy consumption of the car, a piece of energy crystal can travel a distance from thousands of kilometers to tens of thousands, or even hundreds of thousands of kilometers. And because of some relationships, the Chinese government can sell energy spars to the outside world, but to buy energy spars, the Chinese government will not accept other currencies in the short term, and only settle in RMB.
As soon as the news was announced, it was like throwing an economic nuclear bomb to the whole world, and the shock caused by it can be imagined, the whole world is going crazy, China is going to challenge the status of the dollar, although it is only a news announcement in a short period of time, and I don't know how the specific things are, but the RMB has once again started a round of appreciation, and here I have to talk about the Chinese Alliance, as a China-led alliance, because of the troubles of the United States and other countries, the countries that have joined the Chinese Alliance are not too many.
Now the real Chinese allies are only China, Thailand, Laos, Myanmar, Nepal, Bhutan, Cambodia, Benin, Sri Lanka, Ethiopia and some other African countries, China's prestige in Africa is undoubted, of course, there is one of the most important Madagascar, but now Madagascar how to say, many international voices are about to regard Madagascar as an overseas province of China, although China has never had this demand, But you can't help but ask the Malagasy government to do it themselves.
If in the past, China was still looking for ports in other oceans and the like, then since a few years ago, there is no longer such a demand, and even the demand in some of the countries around China is not so tough, of course, not being tough does not mean that you can forcibly occupy it, such as the undefinable border with India, China used to fight for reason, but the two sides could not solve it.
But since a few years ago, although China's attitude in this regard has softened, it has not paid attention to this matter, and even retreated mainly to the border posts in the undefinable border areas in order to avoid conflict, things have changed dramatically! At the beginning, India was scared to death, and China's attitude was so wrong that there has never been such a state from the conflict between China and India to modern times.
Although China's strength used to be inadequate, it has never relaxed in words, but now it is neither verbally fighting, and even the actual border posts have retreated, and this is not a direct military retraction. Thinking of this possibility, the Indian government almost didn't frighten to death, and the current China is not the China of a few years ago, although the China of a few years ago was not something that India could afford to provoke.
But at that time, after all, the United States was there to support India, or rather, the United States was there to make trouble for China, but recently, the United States has completely withdrawn its military strength in the Asia-Pacific region, and it has completely fallen behind China in terms of military scientific and technological strength.
The analysis of intelligence services between countries is not like those news newspapers that report everything, and for the Indian government, the outside world has been announcing that a certain Chinese invention surpasses that of the United States, such as what kind of airplane and other news that the United States has been completely blown up by China. If it was placed about ten years ago, everyone would have laughed at this news, although India was far worse than China at that time, but China and the United States were only a catch-up, and the gap was still a little big.
But now it's different, in fact, those media reports from the outside world seem to have exaggerated, but in fact, they don't say anything at all, is China now not just a military force that has completely surpassed the United States? Now the United States and China are fighting at all! Just those spaceships belonging to the Starfall Group can directly destroy the US military bases around the world one by one!
And it's definitely not a nuclear bomb, there is no radiation at all, there is no way to fight this at all, don't you see that now the United States does not dare to stimulate China? Is it just using the co-optation of other countries to start squeezing China's viability at the United Nations? So for India, if China really wants to take it back by force, it .......
Thinking of that possibility, the Indian government, after urgent consultations, simply took the initiative to contact the Chinese government without saying a word, saying that it could discuss the disputed territory. After the news came out, domestic netizens were a little speechless, Nima, do you want to be so cheap? Netizens can also understand China's previous decision not to argue about the border and so on, because China obviously regards space as the next development location, and makes every effort to occupy territory in space.
These are all manifestations of China's growing strength! Therefore, it is not an exaggeration to say that the Malagasy government has such an idea, and it can only be said that Andriy is still a good president. (To be continued......)