Warlord: Starting with Subduing Little A Qiao

Not long after he sat down, seeing that everyone had almost arrived, the president, Yu Hanqing, stood up and bowed to everyone.

"I, Yu Hanqing, am getting old, my energy is limited, and I am no longer fit for this responsibility. I have gathered everyone here today only to elect a new president to lead our business community to continue its progress and move towards a brighter tomorrow..."

"This election for the new president has no age or seniority restrictions; it is solely for the purpose of selecting a capable individual. We have specially invited Mr. Yu Hangxing, the president of the Shipping Association, to serve as a notary."

After saying this, an elderly man in a black mandarin jacket and long gown, with a square forehead and broad face, who looked dignified and upright, stood up and nodded to the crowd.

This is Yu Hangxing, president of the Shanghai Shipping Association.

Ye Bai took a closer look.

Throughout China, whether in the open ocean or along the coast, Shanghai is an indispensable hub.

Not to mention that many foreign shipping companies have long regarded Shanghai as the shipping center of the Far East.

As a result, Shanghai became the center of China's import and export trade.

As the president of the entire shipping association, Yu Hangxing's position is absolutely extraordinary.

As soon as Yu Hanqing finished speaking, several bigwigs from the chamber of commerce immediately stood up and began recommending a new president.

"I would like to recommend Mr. Ye Bai. Although he is relatively young, Mr. Ye has first-class business skills and is widely praised for his conduct. He is a role model for everyone and is capable of undertaking this important task."

Upon hearing this, Rong Desheng, the owner of the Rong Group, echoed his sentiments.

"Agreed. Mr. Ye's soap factory and household chemical factory are making a fortune every day, and I've always wanted to learn from him. I believe that under Mr. Ye's leadership, everyone will be able to achieve even greater success..."

Just as Ye Bai was about to speak, he saw Zhu Baosan, a chairman he had met before, also stand up and laugh.

"As a board member, I agree."

"I agree."

"I agree."

......

After these words, before Ye Bai could say anything, he was unanimously elected as the new president of the Shanghai General Chamber of Commerce without any competitors.

Ye Bai's face remained calm, but he was inwardly somewhat shocked.

After all, I thought I was just going through the motions, but I ended up being the main character?!

At this moment, Yu Hangxing, the president of the shipping association, took the lead in applauding.

"From now on, we will have to look up to the new president."

"Mr. Ye, I look forward to your guidance in the future!"

......

As the applause erupted, Ye Bai, before he could even ask his question, simply smiled and greeted them.

After the meeting ended and everyone dispersed, he leaned closer to Yu Hanqing and asked.

"President Yu, what exactly is going on here?"

"Mr. Ye, this is what the people want and what everyone hopes for. From now on, the entire Chamber of Commerce will depend on you to lead it."

Seeing that Yu Hanqing's eyes were almost slits, Ye Bai cursed him inwardly as an old fox, but smiled on the surface.

"Chairman Yu, we must speak frankly and openly."

Upon hearing this, Yu Hanqing glanced around and lowered his voice.

"Mr. Ye, to be honest, if I don't step down from this position, I'm afraid my life will be in danger!"

Upon hearing this, Ye Bai's eyes widened immediately.

So you've handed this life-threatening situation over to me?!

Chapter 78 Ye Bai Wants to Open a Bank?

Ye Bai couldn't help but grumble to himself as he listened to Chairman Yu continue speaking.

"Last time, Mr. Ye agreed to a preliminary cooperation between my pharmacies and your pharmaceutical factory, and my pharmacy business has been booming ever since."

I don't know how Ye Bai's pharmaceutical factory came up with all these inventions, but every single drug he makes becomes a bestseller.

Since partnering with Ye Bai's pharmaceutical factory, Chairman Yu's pharmacy has made a fortune.

"After that..."

Halfway through his sentence, Ye Bai noticed that Chairman Yu glanced to the left and right before letting out a long sigh and continuing his story.

"Unexpectedly, my pharmacy was completely looted in the last few days..."

At this point, Ye Bai's eyes narrowed, and then Chairman Yu's voice continued.

"And according to my investigation, the mastermind behind this is the Japanese."

devil?!

Hearing this, Ye Bai began to ponder in silence.

Why were the Japanese soldiers stealing medicine?

It's important to know that the time when medication is most needed...

But it was during wartime!

On the battlefield, medicine is a soldier's second life!

If they were to try to seize medicine at such a time, the Japanese would likely launch another attack.

Just as Ye Bai was secretly speculating, he saw a bitter smile appear on President Yu's face.

"The Japanese forces have been creating more and more chaos in Shanghai recently, and the situation is probably not very good."

Upon hearing this, Ye Bai also looked at Chairman Yu in front of him with greater respect.

After all, he knew that war was going to happen because of his knowledge of history.

The judgment made by Chairman Yu in front of me was clearly based on his own experiences and the current situation.

With that, Ye Bai immediately understood Chairman Yu's intention to withdraw.

After all, with his business damaged, the next step might indeed be the life-threatening situation that Chairman Yu is worried about.

As for the responsibility of the president...

Ye Bai also began to ponder this in secret.

If he becomes the president, then his scope of activities will be much more convenient.

For example, his long-cherished wish to open a bank account can now be fulfilled.

From a global perspective, the world economy is currently experiencing a major setback.

The West is experiencing the worst economic depression in history.

Britain, an established nation, could not withstand the economic downturn and abandoned the gold standard, causing a sharp drop in global gold prices.

China has always been a silver-standard country.

The plunge in gold prices led to a rise in silver prices, severely impacting China's exports.

This directly dealt a huge blow to China's economy.

Meanwhile, across the ocean, America was also struggling in the Great Depression.

The core of the economic policy to save the US economy also abandoned the gold standard, which led to a sharp devaluation of the US dollar.

This resulted in another surge in silver prices in China, severely impacting China's exports once again.

At this moment, both commerce and finance have hit rock bottom.

Ye Bai's memories had begun to vaguely return.

A few years later, the currency was decoupled from silver, and fiat currency was issued entirely. In the years following the introduction of fiat currency, it gradually depreciated dramatically.

I remember someone once jokingly referring to the inflation and currency devaluation at that time.

The money people get from selling their money as if it were worthless is more than the original value of that money!

When going out to buy daily necessities like food, clothing, and other necessities, you have to carry a sack full of bundles of money with you!

Even when they received their wages, they carried them home in sacks!

It sounds incredibly absurd, but it's a series of true events in history!

In other words, the value of money has become practically worthless!

Thinking about it this way, Ye Bai's gaze darkened even more.

He now has a large and successful family, and his assets have become increasingly substantial.

If inflation and currency devaluation occur, wouldn't we be doing all the work for others?!

How could he allow such a thing to happen?!

I might as well start my own bank!

As for who should be the bank's main person in charge, Ye Bai immediately had the most suitable candidate in mind.

Xu Wenqiang!