Dreaming back to 1949, the great powers were there to deceive us
Chapter 430: Brother 2, are you worried about banknotes?
Morris was extremely anxious and thought to himself that he was really stupid. What was the point of bringing up old things at this time? Now that he had angered Hu Zhenhua, what if he didn't help?
Morris decided to give in.
He took a deep breath and said,
"Hu, I didn't mean anything by mentioning the banknotes just now. I just wanted to warn you: many banks believe you did it. They have a grudge against you and might take advantage of your expansion into Western markets to retaliate against you. Be careful!"
Hu Zhenhua laughed twice and said,
"The innocent will be innocent! Let them think whatever they want!"
"Can you help me with the bank run?"
Hu Zhenhua did not answer, but thought for a moment and asked,
"I don't understand why the exchange rate suddenly collapsed? Everything is going smoothly in the industrial zone!"
Morris glanced at Carter, hesitated for a long time, and then spoke.
"The US military aircraft were driven back from Xinjin Airport. Coupled with the fact that you didn't go north to attend the ceremony, many businessmen believe that the relationship between the two sides may have deteriorated to an irreparable point, so they are rushing to flee!"
Upon hearing this, Hu Zhenhua immediately refuted it.
"Nonsense! I can't travel far because of my foot disease! If you say I'm going to Europe in a few days, won't people think I'm running away?"
When Morris heard this, he jumped up again and exclaimed,
"You're going to Europe? When are you leaving?"
"Just one or two days!"
Hu Zhenhua looked at Morris's confused expression and explained,
"Don't worry, the relationship between the two sides is very good and hasn't changed much. Over a dozen of their company's executives are currently attending a ceremony in Sijiu City. This is proof of that!"
"Is that so?"
Morris didn't quite believe it. He kept scanning Carter's face, trying to find anything unusual. He was doomed to be disappointed because Carter never showed his emotions.
The assistant was extremely anxious and reminded,
"Mr. Morris, every minute we delay, we are in greater danger!"
Morris was also very anxious, but Hu Zhenhua refused to give in. He didn't want either of the two options!
This guy is also a tough guy. He gritted his teeth and just walked away.
Hu Zhenhua snorted coldly and continued to close his eyes to rest.
The exchange rate plummeted, hurting Western traders, while the bank suffered a run, causing losses for Morris.
What's the rush?
Carter felt uneasy and after thinking for a long time, he decided to persuade her.
"Hu, the sharp fluctuations in the exchange rate are probably not good for the industrial zone. If Huaqi Bank collapses, foreign trade settlements will probably come to a standstill. You should intervene as soon as possible."
Hu Zhenhua opened his eyes a little and said unhappily,
"Everyone must be responsible for their own actions! You saw Morris's attitude just now. Unless I lend him money unconditionally, he will think I have ulterior motives for any action I take!"
"Also, I'm not sure about the United States' attitude at all. What if I just stabilize the situation and suddenly they impose sanctions? Wouldn't that harm those financial groups?"
Carter suddenly stopped talking. After all, the capital flight was caused by Acheson.
Not long after, representatives from Western financial groups arrived one after another. They were very uneasy and wanted to test Hu Zhenhua and Carter's attitude.
Hu Zhenhua was quite helpless and complained,
“Leisure time is always so short!”
……
At the entrance of the Friendship Store, the old idiot Smith was in a state of despair. Now, four banknotes could only be exchanged for one rice dollar. What a huge loss!
Smith originally planned to stop after completing this deal, so he invested all the money he had earned in the past period of time and borrowed a large sum of money, preparing to make a big deal!
He chose a single-cylinder diesel tractor. Although it is slow, it has low fuel consumption and is powerful, making it very popular!
He shipped thousands of them and they sold out quickly!
Experienced investors often sigh: It’s so easy to make money here!
This is indeed the case, but he seems to have been under a curse recently: he has made a lot of money, but every time at the last moment, an invisible force strangles his neck and prevents him from sending out a single cent.
"Brother, are you worried about the banknotes? I can help you."
Smith looked closely and found that it was the scalper Wu Lie. This guy used to do currency exchange in the black market. Since the foreign exchange trading center was listed, Wu Lie changed his career and Smith never saw him again.
"Hello, Mr. Wu!"
When Smith heard that Wu Lie could solve his problem, he immediately became warm and shook his hand, very cordially!
Wu Lie was wearing a brand new Zhongshan suit, which was very different from his previous one. The most important difference was that his back was straight.
"Mr. Smith, let's find a teahouse and have a drink while chatting!"
"Okay, okay, I'll treat you!"
Smith no longer has the arrogance he used to have and his attitude is very humble, which was unimaginable before.
As soon as he sat down in the teahouse, Smith couldn't wait to ask,
"Mr. Wu, I have a large amount of banknotes. If you can help me solve this problem, I will definitely not let you down!"
Wu Lie picked up the teacup, took a sip, and said,
"If we convert it directly into rice and dollars, we will naturally lose a lot of money, but if we take a detour, you will find a bright future."
"How do I turn a corner?"
Wu Lie stretched out two fingers and said with a smile,
"I'm going to charge a 2% commission, Mr. Smith. I'm sure you don't mind?"
Smith certainly had his objections, but he was now at his wit's end and could only accept it.
"As long as you can help me exchange it for the equivalent amount of rice and dollars, I can totally accept this fee!"
Wu Lie smiled and took out an agreement that he had prepared long ago, handed it over, and said,
"Please fill in the amount, sign your name in the lower right corner, and press your fingerprint!"
Smith read it carefully several times, made sure there were no traps, and did as he was told!
After Wu Lie took back the agreement, he said with a smile,
"The method is simple. Use banknotes to purchase goods from the industrial zone, and then sell them to the West! This is method one!"
Smith shook his head and disagreed, because as for the things in the industrial zone that were in short supply, TA company would choose to sell them directly, rather than operating the goods themselves, which had no real competitiveness.
Smith frowned and said,
"Tell me about method two!"
"The second method is to use banknotes to purchase labor services and hire local workers to do the processing work. Labor is very cheap here. If you operate well, you will not only not lose money, but you can also make a lot of money!"
"OEM?"
"That's right, there are two places to choose from, one is Bao'an County, and the other is here!"
Smith suddenly felt regretful, because Hu Zhenhua had mentioned the idea of OEM before, but he didn't pay attention to it. Now he lost 2% of the handling fee for nothing!
Smith calmed down and asked,
"Is there a third method?"
"Of course, you can go to Chongming Development Bank and queue up to exchange currency!"
Morris's expression froze. Although the exchange rate for foreign exchange settlement is 1:1, it has two disadvantages. One is that the funds will be frozen, and the other is that it takes a long time to wait, which can take three to five years!
I don’t know which black-hearted person came up with this idea, it’s so immoral!
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