Chapter 964: Forced to Helplessness (Medium)
Chapter 964 Forced to Helplessness (Medium)
I have seen those who have forced some companies to cut prices, discounts, and disclose their skills in order to break trusts, and those who have forced some companies to cooperate with other companies, and those who have forced some companies to enter the market and reduce their market share. But Yang Yiwei has never seen a company forced to raise the price of its own products! That's right, what Northumbham received was that the United States, the European Union, and Russia united to ask Starfall Group to increase the cost of global network operations! And it also requires a price increase of at least 100 percent!
That is to say, the price will be doubled on the existing basis, although it is not explicitly said what will happen if the Starfall Group does not comply, but it also vaguely shows that if the Starfall Group does not agree, these countries will not be able to allow the products of the Starfall Group to enter their countries for operation, Yang Yiwei is really extremely painful.
NND, can't I do it if I want to operate cheaply? It is necessary to raise the price, but Yang Yiwei also knows in his heart that this is obviously because these countries are afraid that their domestic communication companies will directly give up the broadband business, after all, the country's communication subsidy cannot be a direct full subsidy, at best it is only a part of the subsidy, and then these companies pay part of their own money, and then when they charge the market, the money of the state subsidy is also included, and these companies can make meager profits.
In this case, the meager profit is also counted, after all, there are government requirements, and there can be a part of the profit, plus state subsidies, and some policies, although the profit is not much, but it is good to make money, the problem is that when the operation plan of the star pendant computer technology company comes out, there is no doubt that the number of customers will definitely be greatly reduced, this is not like the original Xingnuo communication company only served in China, this is a global service!
This price is even in South Korea. The competitiveness is very strong, South Korea can be said to be the cheapest broadband in the world, because the country is small, the national policy subsidy is high, resulting in the Internet cost of Koreans is the lowest in the world, but the Star Fall Group is lower than South Korea's, so it is naturally more marketable in European and American countries! In that way, European and American countries are not like China, which has national policy enterprises, such as the newly established China National Telecommunications Corporation. This is a national policy enterprise, even if it is a deficit, it is a government action, and the enterprise is still operating.
But for Europe and the United States, there are no such policy enterprises. It's all private companies, even the Federal Reserve. The right to issue the dollar is controlled by private individuals. Not to mention anything else, so the government has no right to let private companies continue to operate those money-losing projects, so Europe, the United States, and Russia are very obvious to know that once the Starfall Computer Technology Company officially starts operating, then the telecommunications companies in these countries will definitely abandon the fixed broadband business directly.
This is for these countries. It will mean that the national network communication network will be completely in the hands of the Starfall Group, which they cannot tolerate, so it is obvious that the United States and these countries have reached an agreement with other countries before the meeting. Here to force the Starfall Group to raise prices and improve the competitiveness of their own enterprises, otherwise, these countries will protect their own enterprises by imposing tariffs and other means.
To be honest, Yang Yiwei was not prepared to go, but after this incident, Yang Yiwei had to rush to the United States again, and then negotiate with relevant parties. When he arrived in Seattle, Yang Yiwei rushed directly to the venue of the International Internet Conference, and after arriving, Yang Yiwei did not have time to rest and met directly with the representatives of these countries, although only US Secretary of State Kerry, as well as the Russian Prime Minister, and the vice president of the European Union and their assistants sat opposite Yang Yiwei.
But Northumbham has already secretly greeted Yang Yiwei, although these are these people, but they can almost represent more than half of the countries in the world, if the EU is also regarded as a country, then these three are considered superpowers, and they all have their own allies, these allies are naturally on their respective sides, especially in this case, it must be a united front.
So Yang Yiwei really doesn't agree now, it is impossible for the Star Fall Group to go against more than half of the countries in the world, after considering the impact of the matter, Yang Yiwei shook his head with a wry smile, he knew that this was the case, when the price was set, it was not so low, but this is okay, even the domestic price has been raised, so as to leave a way for the national telecom that has just integrated the three major telecom giants.
It is also considered to let the country not lose so much, large-scale infrastructure construction naturally brings large-scale jobs, many countries through the economic crisis is used this trick, now simply take advantage of this thing, by the way to start a lot of construction at one time, but in this way, the country's investment will lead to a serious national fiscal deficit.
Therefore, Yang Yiwei estimates that there will be a large-scale sale of U.S. Treasury bonds in China this year, and China now holds nearly two trillion U.S. dollars in U.S. Treasury bonds, and many people think that China's holding of U.S. Treasury bonds seems to be a huge disaster, because the depreciation of the dollar means that China's foreign exchange will shrink seriously, so many unknown netizens began to curse the government, saying that they are buying so many U.S. Treasury bonds.
In fact, this view is not only very one-sided, but it can be said that the idiot's view is correct, why did the Chinese government increase its holdings of US Treasury bonds so much? This does not mean that the government has money and has nowhere to spend it, but it represents the development of China's economy! You read that right, it's inevitable and a lot of people don't understand. But let's just say that the increase in China's holdings of U.S. Treasury bonds means that the competitiveness of domestic enterprises in the international market is gradually increasing, which is a good thing!
Many people don't understand what is the reason, to put it clearly, when the domestic enterprise products are sold all over the world, then the US dollar as an international currency is naturally the only settlement standard, when the domestic enterprises earn back enough dollars, then these earned dollars will become RMB when they return to the country, because these enterprises need to convert the US dollar into RMB in the domestic circulation, pay wages to workers, buy raw materials, expand production and so on.
When these companies convert dollars into RMB, then the dollars they earn back naturally go into the hands of the state, and why does the country have so many dollars for it? Can only be used for investment! It's impossible to put so much dollar foreign exchange in the bank and wait for it to depreciate, right? And the state can't put that money into the stock market or other places, because it's so big, and if you put it in, it's a global economic disaster, and governments can't allow you to do that.
So you only have a few options for investment, one is to invest in a part of the state-owned enterprises, and then buy foreign minerals, but you can't spend them at all, so what do you do with the rest? Of course, the only way to do this is to buy treasury bonds, and the interest rate of treasury bonds is high, so that the depreciation of the dollar can also guarantee a part of the income, so that the loss of foreign exchange is not so serious. And the United States, as the world's largest power, naturally has the highest guarantee of national debt, so you can't use dollars to buy government bonds such as Iraq and Iran, right?
To a certain extent, increasing the holdings of US Treasury bonds is not a question of whether the Chinese government wants to or not, but a question of what you can only do. But don't forget, even if the EU is a union organization, the euro has no national debt, you can only buy the government bonds of EU member states, and if you hold the euro, you can only hold cash euro foreign exchange, which is more risky than US Treasury bonds! And much bigger! Therefore, although the country holds euro foreign exchange, but the amount is not much, as for the Russian ruble, it is even more counted, although the Russian economy is recovering, but the population of Russia is decreasing with a population of nearly 2 million people per year.
The recovery of the economic recovery is not big at all, and now Russia has no way to alleviate the problem of its own depopulation, because Russia now encourages childbearing, and even has more children, and gives more money, but what can you do if the people do not have children? Now the proportion of China's national bonds in the world is gradually increasing, and the appreciation of RMB is inevitable, which is also because China's financial regulation is quite tough, if it is a free market economy, like the United States, then RMB has long appreciated I don't know how much, and RMB appreciation is not a good thing at all.
If the renminbi appreciates too quickly, China's economy will collapse directly. In the past, the government had no place to invest, so it had to buy so much foreign exchange to buy U.S. Treasury bonds for investment preservation, but now the Chinese government has a great investment direction, and the way to consume foreign exchange is not as ordinary people think, to increase the welfare of the people, because it consumes RMB, not US dollar foreign exchange, and the dollar cannot be allowed to circulate in the country, right?
Therefore, the consumption of foreign exchange can only be purchased internationally, and the purchase of things in other countries can consume foreign exchange, and now if the domestic infrastructure is increased on a large scale, these raw materials can be purchased and imported internationally. This is also an opportunity, RMB to its own strength to appreciate, which means the enhancement of China's national strength, because China's national strength increases, other countries will hold RMB foreign exchange, as well as hold Chinese treasury bonds, when these countries hold 1RMB, the total amount of RMB issued by China will be reduced by 1RMB circulation, and in order to ensure the market, to avoid RMB appreciation too fast, to avoid deflation, the central bank will issue RMB again.
"Mr. Kerry, since its birth, Starfall Group has always been a company that pays attention to credibility, and in modern society, what is the most important thing for a company? It's the brand of the company itself! The brand of the Star Fall Group is priceless, and the reputation of the Star Fall Group is naturally priceless, and we cannot directly slap ourselves in the face and abandon our integrity. After thinking about the current international situation, Yang Yiwei spoke directly. (To be continued......)