Chapter 302: The Storm Is Coming
(Thank you all for your blessings and support, Xiaohan had a happy birthday!) )
Maybe it's because everyone seems to be a little absent-minded, and this meeting was originally just a formality, and the significance is far greater than the actual significance. The real issues concerning Hong Kong's institutions and organizations after the return to the motherland and the policy outline are being strictly discussed and deliberated by special institutions and organizations, and they are by no means something that can be brought out by exchanging ideas at such a meeting. Therefore, it didn't take long for it to end hastily.
"Xiao Han come with me!" The chief talked to everyone for a few words, and after dropping a word to Leng Binghan, he turned around and walked straight out.
The chief's order was really unexpected, and even Leng Binghan himself was stunned, not knowing what the chief needed to order.
However, since the chief has spoken, he cannot disobey, and he must dare to say "no" to his old man, and there are really no two in the whole of China. Leng Binghan had no choice but to come over and have a good chat with him, and these "old acquaintances" such as Old Man Huo and Zhu Jianjun, who were reminiscing about the old days, smiled helplessly, and signaled that they would come back to visit after a while, and then hurriedly followed behind the chief and walked out of the reception room.
The chief did not leave the Diaoyutai State Guesthouse, but was guided by the staff to a room near the reception room. Although the chief did not give an order, after he walked out of the reception room, a large number of staff members under the leadership of Zeng Fengping followed closely behind, waiting for dispatches and instructions at any time.
Of course, there is also a division of labor between these staff members in terms of rank and content of work, some of them may have access to some secrets, and some of them may not even be impressed by the chief.
And many staff members looked at Leng Bing with great envy. You know, the level is the chief's own descendants, and he didn't pay so much attention to the old man, this young man can get the favor of the chief at a young age, and the future development future is not smooth and soaring?
When I entered the room, I had turned on some air conditioning slightly, after all, in the capital in May, the weather was already relatively hot, and the chief was old, although after the cold healing and the conditioning of many health care doctors, his body and bones had been greatly recovered, but he was far from being as acquainted as young people.
"Sit down!"
The chief himself sat down on the couch and pointed to the place next to him.
Leng Bing sat down as he said.
Zeng Fengping hurriedly stepped forward to make tea for the chief and Leng Binghan, and then retreated and closed the door.
It stands to reason that with Zeng Fengping's level, there was no need for him to do such a thing as making tea himself, and he could completely command the hotel's carefully selected waiters or staff to do it. However, in these details, Zeng Fengping will always do it himself, not fakely. He will not naively think that Leng Binghan should make his own tea at a young age, he is the kind of person who knows where his position is, and knows the value and importance of this Leng Bing Han's body, therefore, from beginning to end, he has never regarded Leng Binghan as an ordinary young man, and there has always been a lot of respect and respect.
Perhaps this is one of the main reasons why Zeng Fengping was selected by the chief to stay by his side as a secretary.
"Xiao Han, seeing that Hong Kong is about to return, I, an old man, can open my eyes and look forward to the arrival of this day, even if I see the five-star red flag fluttering in Victoria Harbor, but I have a long-cherished wish, this is all thanks to you......" The chief looked at Leng Bing Han, his expression was gentle, his face was grateful, and he said slowly.
"Grandpa, don't say that, these are all things I should do." Leng Binghan touched his knees with both hands and said respectfully: "Compared with Grandpa's contribution to the country, Xiao Han is really ashamed. ”
This is not a cold and cold beard, his reverence and admiration for the chief, which cannot be described in words. For this old man who has created a new era, Leng Bing Han in his previous life has thought more than once that if he can live for another ten or twenty years, China's development and international status will definitely be even more amazing.
It is really a great honor to be able to continue the life of the chief in this life, and let his old man continue to shine for the country and lead China to move forward in great strides.
The chief smiled, picked up the teacup, took a sip, and said: "Hong Kong's return to the motherland is only the first step in the long march. The media of many Western countries have declared that it is wrong for Chinese mainland to take back Hong Kong, that the Chinese government cannot manage Hong Kong, and that the return will only cause Hong Kong, the bright pearl of the Orient, to fall into death. ”
Speaking of the back, the chief sighed softly, his expression a little solemn.
Leng Binghan smiled slightly.
In fact, on the eve of Hong Kong's return to the motherland, singing about Hong Kong was the "main theme" of the Western media ensemble.
The British and Americans have dealt with Hong Kong news by treating Hong Kong as a "sinking place." In November 1996, the New York Times of the United States falsely stated: "There are more and more signs that when China exercises sovereignty over Hong Kong, Hong Kong citizens will lose a lot of freedom." ”
And Leng Binghan still remembers that in his previous life, on the eve of Hong Kong's return, Fortune magazine published an article by Louis Krall, the magazine's Asian correspondent, asserting that Hong Kong's future is bleak after the return: "Beijing will control all departments of the Hong Kong government, English will be replaced by Mandarin, the streets are full of **** People's Liberation Army, foreign chambers of commerce have withdrawn due to unfair treatment, and the renminbi will replace the US dollar pegged to the Hong Kong dollar...... "The cover of the magazine has a few big words: "Hong Kong's death." As soon as the report came out, it immediately caused a sensation in the world.
It can be said that when Hong Kong's return to the motherland has become an irreversible historical trend, the eyes of the whole world have gathered here, and they are all watching what kind of fate Hong Kong will usher in after its return. Will it "sink to death" as predicted by Western countries, or will it bloom with new vitality and write a new chapter of development in the mainland's policy of one country, two systems?
At this critical time, under the ridicule of Western countries, the majority of the Hong Kong people are still holding a wait-and-see attitude, and even some people have become distrustful and have emigrated overseas, the Chinese government is under tremendous pressure. If Hong Kong's affairs are not handled well, not only will Hong Kong's return to the motherland become a laughing stock, but the subsequent return of Macao will also be full of difficulties, and no one will even have confidence and hope in the Chinese government.
In such a grim international situation, the Chinese government can only succeed, not fail.
"Facts speak louder than words, history will record everything truthfully, and it will remember this moment." Leng Binghan said calmly, his tone was full of certainty.
"Oh?" Hearing that Leng Binghan was so confident, the chief smiled, and his mood seemed to be much better, and he teased: "You little guy, why do you look more confident than me?" ”
"Of course!" Leng Binghan raised his eyebrows and said: "Hong Kong was originally a part of China, everyone has the same blood, they are all descendants of Yan and Huang, and descendants of the dragon. In addition, the Chinese people are the most intelligent and hardworking nation in the world, and after Hong Kong's return to the motherland, it has closer ties with the mainland, with 9.6 million square kilometers of rich land on the mainland, a vast market with a population of 1.2 billion, and the full support of the people on the mainland. Even though there will be some difficulties at first, it is believed that, as part of a thriving China, this almost guarantees that it can prosper forever. ”
Listening to the cold words, the chief suddenly raised his thick eyebrows, his cold and electric gaze swept over, but a smile appeared on the corner of his mouth. Then he asked casually, "What do you think about things in Thailand?" ”
Leng Binghan didn't seem to expect that the topic of the chief would suddenly shift from Hong Kong to Thailand, and he was stunned for a moment before he understood what the chief was referring to, smiled, and said, "The tragedy has just begun to unfold. ”
In March this year, the Bank of Thailand announced that nine domestic finance companies and one housing loan company had problems with poor asset quality and insufficient liquidity. This is tantamount to sending a signal to the international financial predators to attack the general offensive. International speculators and arbitrage funds, led by Soros's "quantum fund", which have long been eyeing each other, have rushed in and began to sell a large amount of the Thai baht they ate some time ago.
Thailand's foreign exchange market was immediately turbulent, and under the weight of the huge sell-off, the exchange rate of the Thai baht fell all the way, and the value against the US dollar quickly fell to the bottom. Seeing that the situation is not good, the Bank of Thailand urgently activated the response mechanism, mobilized more than 10 billion US dollars in foreign exchange to buy a large number of baht, and at the same time raised the overnight lending rate and restricted the lending behavior of domestic banks.
It should be said that these emergency measures have greatly increased the transaction costs of various funds, and have caused certain losses in the initial stage, but they have still played a certain effect. However, with the huge amount of funds invested in Soros's "quantum fund", other international speculators were greatly encouraged and followed up one after another, mobilizing more funds.
For a time, the funds for selling the Thai baht became larger and larger, and the attacks on the Thai baht were stronger than the waves. The major exchanges were in chaos, the baht fell sharply, and traders sold frantically, as if the end was coming. The Thai government immediately stepped up its intervention, using $30 billion in foreign exchange reserves and more than $10 billion in international loans in an attempt to turn the tide, but by this time, the situation was already irreversible, and tens of billions of dollars were tantamount to a drop in the bucket for the influx of funds.
Soros and his "Quantum Fund" are like a hungry wolf, once again opening their bloody mouths, which makes the whole world panic.
Since Feiyuan Investment gradually faded out of people's sight, Soros's "quantum fund" has become the focus of the international financial community.
Prior to this, Soros Soros relied on the "Quantum Fund" with its strong financial resources and ferocious style to make waves in the international currency market, launching attacks on currencies with weak foundations and repeatedly succeeding. The first time was in Europe, in the early 90s, sniping at the pound and the Italian lira, which single-handedly led to the British pound crisis and the Italian lira crisis. The second was in the Americas, in 1994, when the attack on the Mexican peso depleted Mexico's foreign exchange reserves in a short period of time, forcing it to abandon its peg to the dollar and to implement free floating, which led to the collapse of the Mexican peso and the domestic stock market.
Two shots, each time he won a complete victory, obtained huge profits, and also caused huge losses to the local financial market, and tens of thousands of people were eager to break him into pieces. And more people admire Soros's courage and methods beyond parallel.
No one expected that Soros would shift his target to Southeast Asia this time, and the third shot was to snipe the booming Thailand.
"Oh?" The chief's eyebrows raised slightly, although the cold answer was similar to the conclusion reached by the analysis of domestic financial experts, but the chief still couldn't help but ask in a deep voice: "You mean that the current situation in Thailand will further worsen?" ”
"There's no doubt about it." Leng Binghan nodded heavily, and said: "This time, Thailand, like Mexico in 1994, has long relied on short- and medium-term foreign loans to maintain the balance of payments, and the exchange rate is on the high side, and most of them maintain a fixed or linked exchange rate with the US dollar or a basket of currencies, which provides a good hunting opportunity for international speculative funds." Soros's choice of Thailand this time is also reasonable. In this case, the Quantum Fund played the role of a sniper, starting with a large short sale of the Thai baht, with the aim of forcing Thailand to abandon its long-standing fixed exchange rate pegged to the US dollar and move to free float, thus triggering an unprecedented crisis in the Thai financial market and grabbing huge profits from it. ”
The chief frowned slightly, and said: "According to what you say, Thailand is completely repeating the mistakes of Mexico this time, and the collapse of the financial order is inevitable?" ”
"Yes." "In order to attract foreign investment, Thailand has maintained a fixed exchange rate on the one hand, expanded financial liberalization on the other, and abolished government controls on the capital market in 1992, so that the flow of short-term funds is unimpeded," Leng Binghan said. Whether the Thai baht wants to be in the international market is not dominated by the government, and he himself does not have enough foreign exchange reserves, and the economy is vulnerable in the face of speculation by financiers. ”
The chief sighed lightly and said: "Yes, this is also a wake-up call for our country, we must not ignore domestic infrastructure because of the blind pursuit of development speed." Without a solid foundation and a scientific and rational economic system, such economic development, or economic prosperity, is just an illusion and is purely just a bubble economy. When a storm occurs, the bubble will burst, causing immeasurable damage. ”
Leng Binghan knew that these were some problems that gradually emerged in the course of the chief's reflection on economic construction.
Since the chief proposed emancipating the mind and carrying out reform and opening up, a great tide of economic construction has been set off in various parts of the country, the national economy has developed rapidly, and the people's living standards have also improved day by day. Everyone wants to make persistent efforts and speed up, but it is not necessarily a good thing to step too fast.