Ninety-eight years.

At the beginning of the new year, Indonesia announced the implementation of a fixed exchange rate system between the rupiah and the US dollar.

This sounds good, but in fact it officially triggered the second wave of the financial crisis, and it was a contagion of the financial market that had been finally eased.

The reason is simple, the United States does not agree, and neither do the Western countries.

Your rupiah is so worthless, why is it still fixed at the exchange rate with my US dollar?

If the fixed exchange rate is implemented, how can I still reap the bottom of the harvest?

It was Indonesia's move that was unanimously opposed by the International Monetary Fund, the United States and European countries, and the IMF even threatened to withdraw its aid to Indonesia.

This is where the crisis detonates.

At this time, Indonesia was facing not only an economic crisis, but also a political crisis.

This is a double crisis.

As a result, the exchange rate between the Indonesian rupiah and the US dollar quickly fell below 10,000 to 1, the Southeast Asian stock market plummeted again, and the foreign exchange market also made waves.

This is a new round of crisis, and at the same time a new round of harvest.

At this time, Meizizi had a big fat year, and the bears came back to sharpen their knives.

Because of the huge investment in Southeast Asia, Japan at this time was finally not spared, and changed the previous pattern of slow decline to a sharp decline.

At the same time, domestic banks have gone bankrupt, financial institutions have gone bankrupt, and enterprises have collapsed.

Such a feast, Jiang Chen naturally would not miss it.

For him, this is equivalent to eating, and his focus in this round is undoubtedly Japan.

The difference is that he didn't keep an eye on this matter in Xiangjiang as wholeheartedly as he did last year.

At the beginning of the year, the plan was set, and the things that needed to be done were done, so he first went to Xiangjiang and sat in the financial market.

By mid-March, spring was in full bloom, and the company's team went to South Korea.

At this time, South Korea can be described as miserable.

Under the pressure of ultra-high debt, they are about to go bankrupt.

Especially those so-called chaebols later, they are really waiting to be fed at the moment, just waiting for the state to help.

In this situation, if the normal development continues, the United States will take control of the lifeline of South Korea's economy in one fell swoop.

In fact, it was precisely because of this crisis that South Korea completely fell, lost its economic power after the military government, and became a puppet completely.

The so-called chaebol was also formally formed after this crisis, because after this crisis, whether it is Samsung or LG, these companies that have worked hard for many years with the power of the whole country are standing behind the Americans.

That's right, the Americans.

In the final analysis, South Korea's chaebol is so powerful that even the president is helpless, not because of how powerful the chaebol itself is, but because the United States is so powerful that it can't move it, and it doesn't dare to move easily.

Jiang Chen had no intention of getting involved in these things.

The reason is very simple: this is not a purely financial and economic competition, but a contest of comprehensive national strength.

In other words, unless the national power can compete with the US imperialism, it is impossible to control South Korea's economic lifeline.

For him, it is enough to take advantage of this opportunity to reap more tangible benefits in his hands.

The South Korean side is clearly not stupid either.

The situation is so bad, they know better than anyone what the outcome would have been without some outside aid.

They also do not want to become puppets of US imperialism.

They also do not want the economic lifeline to be controlled by US imperialism.

It is precisely for this reason that the ROK side attaches great importance to this inspection visit, and those who do not know the high-profile nature of this visit still think that it is a state visit.

This is also the first time Jiang Chen has walked to the front of the stage.

For him, Time temporarily changed its cover, and for him, the Wall Street Journal published a special issue.

In addition, the media of various countries and domestic media have reported that for a while, the limelight is incomparable, and even the financial crisis itself has been overshadowed.

This is also what Jiang Chen wants to see.

Admittedly, this exposure has brought him some criticism and caused some diplomatic waves.

But it also largely ensured his safety.

In addition, if you want to stir up the storm and stir the waves, visibility is indispensable.

Just like Warren Buffett.

Just like Musk.

That's typical, and many times a word can start a storm.

As far as South Korea is concerned, although there are many voices in Europe and the United States opposing the protests and trying their best to obstruct them, the ultimate goal has been achieved.

Two automotive production lines.

Two LCD production lines.

A fab.

A flash memory chip factory.

In fact, they are not the most advanced and cutting-edge, but they are all ahead of the domestic level.

That's it, together with technology, that a five-billion-dollar list has been put together, and everyone is happy.

It's April.

Here's the time, converging with Luo Qing, Jiang Chen came to the UK.

Very high-profile.

As soon as I arrived, I was invited to visit Oxbridge and gave two lectures in pure Chinese.

For the purpose of this trip, he also made no secret of it, which is ARM.

That's right, ARM, and later ARM, which specialized in mobile phone chip architecture and licensing.

The process was also smooth.

First of all, ARM is not yet a public company.

At this time, the ARM office was still in a small warehouse near the school, and there were few people.

Secondly, ARM is not favored.

As we all know, ARM is a chip architecture, which is almost equivalent to the foundation of the mobile intelligence era.

But at present, ARM is rubbed by Intel's x86 architecture, and there are few application scenarios, and there are profits, but they are minimal.

In such a situation, there is no reason for ARM or the governments of European and American countries to block the acquisition.

Especially when he spent 300 million yuan to win it and announced in a high-profile manner that he would focus on entering the ARM architecture, the whole West laughed stupidly.

Because in the eyes of the Western world, this is not an act of corporation, but an act of the state.

Jiang Chen announced that he would focus on entering the ARM architecture, but the whole of China had no choice but to bet on ARM.

However, this direction is clearly not right!

In terms of institutions, X86 is the future!

In this way, it is really difficult to be unhappy, and there will be no obstacles in the acquisition.

In the eyes of the industry, this is a foolish behavior of a layman, for which Intel also publicly ridiculed in an interview with the media.

Even Wall Street came to join in the fun, saying that Jiang Chen is a genius in finance, but his vision in the investment field is really a little lackluster.

"Look, they all laugh at you, saying you don't understand technology!"

As a partner and assistant, Luo Qing was involved in the whole process, and in fact, she didn't really understand why Jiang Chen came to buy ARM and spent so much money.

Because it's not worth it so much, and there is no advantage in the technical route.

Jiang Chen didn't explain much, he just smiled: "If you don't understand, you don't understand, in fact, I don't understand it myself, but then again, who said that there is only one direction in the future?"

X86 is indeed excellent, and it is difficult to fight in a short period of time, but to say that the future must be X86, only X86, it is not necessarily true.

At least ARM can be used on our own mobile phones, but X86 is difficult. ”

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