Coming to Wall Street, which can be called the most central area of the real United States, Qi Yiming is in Jacqueline? Under Morgan's leadership, he met with Citibank, Morgan Stanley, JP Morgan Bank, Bear Stearns Bank, Lehman Brothers and other bankers who had stamped their feet on the earth.

The meeting was chaired by an official representative of the United States, who first told Qi Yiming: "After careful consideration by Congress and the government, the United States will provide China with a $20 million low-interest loan ......."

Qi Yiming is a civilized person, if he still has an angry temperament at the moment, he would have punched this American official in the face a long time ago, and 20 million US dollars was sent to Huazi at that time. Compared with the hundreds of millions of dollars in aid that the United States often gave when its finances were weak, $20 million was indeed a drizzle, not to mention that Qi Yiming came with a gift package of "digging out his heart and lungs".

The official also knew that Lu Dao was a little embarrassed, and remedied: "This loan is a low-interest long-term aid loan that is far below the level of assistance from the world, and the conditions are generally good." At the same time, we encourage China to conduct a certain amount of normal loan business to some of China's commercial banks, and the interest rate is easy to say. ”

Low-interest long-term loans also have a certain bailout nature, but if you borrow normally, you are purely giving money to American bankers. Don't look at these bankers sitting here now, they look very gentlemanly, Qi Yiming knows very well that these people are actually a group of hungry wolves.

The United States experienced an economic recession from the 70s to the early 80s, and it was not until September this year that the finance ministers and central bank governors of the United States, Japan, West Germany, France, and the United Kingdom held a meeting at the Plaza Hotel in New York and reached an agreement on the joint intervention of the governments of the five countries in the foreign exchange market to induce the US dollar to depreciate in an orderly manner against several major international currencies in order to solve the problem of the huge trade deficit of the United States. This is the square agreement that is enough to affect the world.

Many Japanese people say that Japan has lost 20 years, and the Plaza Accord is the main culprit, and the United States has also relied on this Plaza Accord to stabilize its position as the world's economic hegemon, dragging down Japan's development. As a student of economics and business, Qi Yiming never thought so, or that Japan's lost 20 years and the U.S. economic recovery were entirely due to the Plaza Accord's improved export competitiveness.

In fact, the main reason for the recession in the United States in the 70s was that the traditional economy was coming to an end, and the United States had no expansionary production demand after the end of the war, which caused the economy to fall into stagflation. The most fundamental way to solve this problem is the third scientific and technological revolution, the rapid rise of emerging industries, including PC, microelectronics and other industries, directly injected new vitality into the US economy, thus further protecting its international economic status.

At the same time, Japan has also gained strong purchasing power of international resources due to the appreciation of the yen, and has internationalized its own goods and carried out a new round of industrial adjustment. For a long time, Japan's economy ranked second in the world, with goods sold all over the world and national income rising. To say that it is lost is just to compare the crazy development of the sixties and seventies, and the situation that seems to surpass the United States.

Anyone with a brain can figure out that the US military stands on Japanese soil, and how capable Japan is to rely on its economic strength to drive the Americans away, and then sit on the throne of the world's No. 1 in the world?

In any case, before the effects of the Plaza Accord and the Third Technological Revolution are fully catalyzed, the United States has a serious fiscal deficit and some self-care, how can it be cheaper to take advantage of Qi Yiming and China in vain? However, there are other advantages in this situation, and the typical modus operandi of the United States, the economic crisis, has provoked chaos in the world and seized the opportunity to sell arms on a large scale. Arms exports have become a major pillar industry in the United States. The rabbit family is now coming to the door to reach out to the tomcat, this is a big deal with quite oil, and the Americans naturally can't give up easily, so the possibility of passing has also increased.

Qi Yiming could only comfort himself, originally he came to the United States to engage in a tomcat.

However, Qi Yiming will still fight for what should be fought for, and he said to the bankers in front of him who eat people and do not spit out bones: "Gentlemen, thank you for taking the time to participate in this meeting. I myself have come with great sincerity, as you know, the present republic lacks the necessary funds for development, but it has great potential for development, and I hope to get some important funds from you Plutus (the Greek god of wealth). ”

A Lehman Brothers executive said: "We are also very interested in helping China with its economic development, and an effective financing model and a sound banking system are conducive to rapid economic expansion, and the United States itself is a good example of this, and I think it is very important for China to open up the financial industry and allow us American banks to enter the Chinese market, which is of great significance for a greater activation of the market." ”

Qi Yiming took this person's words as a fart, what he said seemed to be in shape, but in fact, the harm of letting this group of piranhas into the country was far greater than the benefits, how could he easily let go, he could only pretend to be helpless and said: "I'm sorry everyone, I also hope that everyone can enter the Chinese market and help us with financing, but I don't have a say in this regard, let alone decision-making." However, the good news is that China is working hard to join the GATT, and in the future, we will have a long-term development plan for the financial industry, and one day we will open up to foreign banks. Well, here can reveal some insider information, I hope you don't spread it. If our entry process goes well, we will try to open up a certain amount of foreign capital to get some shares in our local banks, of course, not too much, but I think it will be very valuable for you. ”

This is a sight to behold for the piranhas, and it is true that this model makes it impossible for them to make so much fun, but it is much better to earn something than not to make it at all.

Morgan Stanley asked, "How many places are open?" What is the maximum amount of equity that can be obtained? ”

Qi Yiming smiled: "This still needs to be operated in the later stage, we are still weighing it, and we can assure you that only this thing is real, but the degree of openness will not be too much, so there is no guarantee that everyone here will be able to enter it." As for who this benefit falls on, hehe, of course, we will give priority to choosing a friend company with better qualifications and friendly to China. ”

His words basically completely destroyed the unity of the piranhas, China is poor, but the Celestial Empire is a traditional country with a high savings rate, and a high savings rate is the favorite thing of bankers, they can mobilize a lot of capital to lend or invest, and then attract money like a magnet. Add in the number of a billion people, emerging markets are booming, and it is fair to say that perhaps Chinese banks will make more money than American banks in the future.

Later, according to The Banker magazine, in 2011 the bank made a profit of 29. 3% is the profit of Chinese banks, with ICBC, CCB and Bank of China ranking in the top three, and JPMorgan Chase ranking fourth. Of course, in later generations, these Chinese banks are no less hateful than the people of Wall Street in the United States, and their extremely high profitability is almost born on the real economy, and after 2013, this situation began to be intensively rectified, and the state tightened the monetary base to strengthen governance, and there was a certain improvement.

Although the outlook is uncertain at this time, bankers can roughly guess how attractive China's pie is, so everyone wants to grab a share, and even the sooner they sell, the better. What should I do if the quota is limited, then do a good job of PR people in China!

Sure enough, Citibank said: "Our bank has been committed to developing foreign customers, especially for potential customers, and we will consider providing a low-interest assistance loan to the Chinese government, but we also hope that the Chinese side can allow our bank to set up a location in China and operate part of its business." ”

"We very much welcome Citibank's bailout loans, it's okay to set up a location, but it's not possible to run too many businesses. I recommend FDI for financial cooperation, I think to a certain extent, direct investment is more valuable than ordinary commercial credit, of course, this is also limited, I need to go back to report, by the Party Central Committee for further demonstration and research. ”

FDI cannot be said to be all good and bad, with the good aspects promoting development and the bad aspects threatening the country's balance of payments. But now China is full of dysentery, a single and poor man, what is there to pick, and now it is obviously more beneficial than disadvantageous to engage in FDI.

Bankers can't talk about how much they like this model, but at least it's something to make money, Qi Yiming provoked a little, and finally when he left Wall Street, in addition to knocking out $20 million from the United States, he also knocked out 1 from the pockets of this group of bankers. $100 million in low-interest loans.

In the mid-80s, the state no longer regarded the absence of domestic and foreign debts as something to be proud of, and a large number of applications for ODA from Japan, and later loans from international organizations such as the World Bank of the World were all necessary ways to engage in economic construction.

Back at the manor where he was staying, several people from the Ministry of Commerce learned that the uncle, who was not good at serving, had come back after a trip1. 300 million, all of them have to be shocked.

"I don't care if we are told to listen to Comrade Qi's command, people stay in the United States for a few days, and they just retell what we originally planned, and the Americans will send us money on the pole." A person from the Ministry of Commerce sighed.

A certain B also said: "Sure enough, different people don't have different lives, but when we go out with Comrade Qi, we can not only write a sum in the credit book, but also buy some household appliances for China with some foreign exchange." ”

A certain C said with a smile: "When our trade is liberalized, it will not be so difficult to buy domestic appliances in the future, and there is no need to bring them." ”

Suddenly, Qi Yiming didn't know where to stick out his head: "Go back, I'll look for our subordinate home factory to give you a low price, and the central ministries and commissions will give priority to supplying whatever household appliances you want." ”