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Chapter 220 Prediction

Yang Xing received true gratitude from the beauties at the China-Japan song meeting, but the subsequent effect was unexpected. He became the focus of Tokyo Entertainment in a blink of an eye. The next day, many Asian entertainment publications published large photos of him performing on the same stage with a group of beauties. The good news also dug out the secrets of his previous composition and lyrics for the band "Moon Heart" and "The Age of Girls". For a time, he was surrounded by entertainment reporters outside the room of the Empire Hotel, and they all wanted to interview the mysterious "Godfather of Asian Music". Yang Xing was forced to interrupt his trip to Japan and fled back to China in a hurry. Even the birthday party that he had booked in Tokyo failed.

Although he was a little regretful about not being able to celebrate his birthday with many confidantes, his name is now connected to the members of "The Age of Girls" and is not good for everyone. In order not to set obstacles to their rising acting career path and for his future low-key life, he had to bear the pain of giving up his love and parting for a while. And Yang Xing's most urgent job now is always to face the problem of the funding of acquiring Shanyi Securities. After thinking about it, he felt that the way out was nothing more than in China and Hong Kong, and this return to China was the solution he found.

When he arrived in Beijing, it was the time for the "Two Sessions" to be held more than ten days later. This two Sessions are of great significance. To elect a new government team, Cheng Canghai will also become the Prime Minister and manage more than one billion people with a reputation. At the Second Plenary Session of the 15th Central Committee of the Communist Party of China held in February this year, a large-scale drama of the "State Council Institutional Reform Plan" was prepared for the two sessions. The first task of the new election government is to carry out the fourth government organization reform since the founding of the People's Republic of China, and to prepare to reduce the number of ministries and commissions of the State Council from the current 40 to 29. A new round of major political earthquake is coming.

During the period before the announcement of the reform plan, Cheng Canghai and the former Prime Minister were undoubtedly the busiest. This institutional reform involved the interest arrangements of various interest groups, as well as the personnel arrangements and games of a large number of officials. The obstruction and delay of the vested interest groups for self-protection made them very worried. Yang Xing was tactful and did not disturb Cheng Canghai before the Two Sessions, but focused on many unfinished things in Beijing. One of the late good news finally came during the Two Sessions. The joint venture negotiations between Xingfu Group on Ping An Insurance and Shenzhen Development Bank, which had been delayed for a long time, were finally coming to an end, and it will be approved as soon as the end of the month.

This news is indeed exciting. Yang Xing asked Fang Kai and Guo Ying who had been following the matter. Only then did he know that they were the performance of Japan and the joint efforts of the State Council’s institutional reform, which eventually prompted the successful completion of the joint venture. Originally, the domestic senior management had always had a lot of controversy over the idea of ​​Xingfu Investment Group investing in Shenzhen Development and Ping An Insurance. Even after receiving the support of Cheng Canghai, he agreed to a private enterprise in 1998 who was dressed in the guise of Hong Kong capital. In fact, less than 4 years after its establishment, the main business was concentrated in China to acquire shares in the joint venture. These two financial institutions ranked among the top ten financial institutions in the domestic financial industry. Regulators do need to have a lot of courage to overcome the minefields of concepts and policies.

Although Guo Ying and his team started to do a lot of work in Beijing last year and went to many government departments, most of the joint venture projects of the Guangdong Provincial Government and Zhongxing International were approved. However, these two projects have not made any progress for a long time and have been shelved. It was not until the recent clarity of the State Council's institutional reform plan that the joint venture between Xingfu and Ping An Insurance has turned around.

According to the arrangements of the institutional reform plan, the People's Bank of China will transfer the insurance business it originally under to the forthcoming China Insurance Regulatory Commission (commonly known as the China Insurance Regulatory Commission). This newly established department will serve as the national commercial insurance company regulatory department to centrally and uniformly supervise and manage the national insurance market.

The "Insurance Law of the People's Republic of my country" passed on October 1, 1995. This law and the national leaders in charge of the economy, such as Cheng Canghai, clearly called on the Chinese insurance industry to learn from advanced foreign financial experience, launch new insurance businesses that meet new conditions, act as the vanguard of domestic financial reforms, and form a financial sector-sector regulatory system that is suitable for China's national conditions.

The pattern of the People's Bank of China taking over all financial business in China for a long time has been broken by the China Securities Regulatory Commission, the China Insurance Regulatory Commission and the upcoming China Banking Regulatory Commission. Many people in the new China Insurance Regulatory Commission came from the former People's Bank of China's insurance department and overseas branches, and have a strong international perspective. This group of new regulators broke the ideological shackles and boldly adopted advanced foreign experience. They pointed out that China Ping An Insurance Company successfully absorbed the US Morgan Stanley and Goldman Sachs in June 1994, becoming the first insurance company in China to introduce foreign capital to invest. Now, Xingfu Investment Group, as a Hong Kong businessman, has invested in a joint venture, so there is no need to interfere with it. Under this idea, the joint venture plan between Xingfu Investment and Ping An Insurance was finally released.

The People's Bank of China was still hesitant about the joint venture with Shenzhen Development Bank. However, Xingfu and China Ping An Insurance had already opened a hole in the joint venture, and it was unreasonable to continue to delay the application of Xingfu and Shenzhen Development. At this time, the news that Xingfu Investment conquered cities and acquired many Hong Kong financial institutions in Hong Kong, and even the famous Baifuqin Investment Bank was not spared, which had a great psychological impact on the officials of the People's Bank of China and the Ministry of Finance in charge of the joint venture. When Xingfu Investment continued to launch an acquisition with Shanyi Securities, which ranked among the top ten in Asia, the reasons for the joint venture of the regulators were no longer tenable, and the joint venture application was naturally approved.

Yang Xing laughed in his heart. There was also a reason that the people of the People's Bank of China could not say that made them rush to apply before the end of March. It is no secret that his relationship with Cheng Canghai is at the top of the country. Now Cheng Canghai has become the prime minister, and the People's Bank of China wants to curry favor with the new boss. Knowing that Cheng Canghai has always supported this project, of course he has to sell him face.

But this news came in the wrong time in Fang Kai and the others. It cost a lot of money to invest in joint venture development and Shenping An. The matter of Shanyi Securities has not been resolved yet, and it is really a headache! But Yang Xing doesn't care. He doesn't bite the lice now and doesn't have to worry about the too much debt. This trip to Beijing depends on his ability to raise money. Although he did not take the initiative to visit Cheng Canghai, he still took the initiative to give Cheng Canghai a large amount of information to Cheng Canghai's office. The next night after the two sessions, Cheng Canghai's secretary came to ask Yang Xing to meet the new prime minister with him.

In the Prime Minister's office, although the clock was pointed at ten o'clock, Cheng Canghai was still writing at his desk, with a large amount of unreviewed official documents piled up by his hand. He took off his reading glasses, rubbed his forehead tiredly, and asked Yang Xing, who was sitting opposite him, "I have read what you handed over. The things said here are very serious, and some are even incredible. When did you learn to predict the future? How confident are you to do the things here?"

Yang Xing laughed foolishly and said, "I know what I said is sensational, but most of it is carefully analyzed and speculated by me and my subordinates. Of course, there are some I can't say, just treat it as my secret! If it really doesn't work, just treat it as my master told me. My master is very capable, and I can develop but rely on him a lot. But I can say responsibly that I am very sure of all these things and I can bear the responsibility for all of them."

Cheng Canghai couldn't laugh and cry at Yang Xing, who was sometimes lazy and sometimes serious. To be honest, he was shocked when he first got these information. If the things in it came true, it would be very serious. He made a special trip to Yang Xing to verify it. Unexpectedly, he wanted to keep the secret and even pushed the credit for the prediction to him. When did he believe in religion?

This pile of information actually only talks about three things. Strictly speaking, it is a prediction of the three major events that will happen this year. The first thing is that Yang Xing believes that with the expansion of the Asian financial crisis, there are signs of expanding from the financial field to the real economy field. The possibility of political unrest in Southeast Asian countries, which are the most severely affected, is Indonesia!

The biggest hit in this financial crisis was not Thailand, but Indonesia. The Indonesian rupiah suffered a heavy blow in August last year and January this year. At the worst, the Indonesian rupiah depreciated as high as 70%! Hong Kong's Baifuchen was affected by the Indonesian crisis and almost went bankrupt, ending up being acquired by Xingfu Investment. The lives of the people in Indonesia plummeted, and the wealth accumulated by generations was looted, and the number of unemployed people soared to 13.5 million. In addition, food production was reduced, food supply was difficult, prices soared, and many people were not fed, which was even worse than the hungry people in Africa. The anger of all classes in the country was unprecedentedly high, pointing to Suharto, the leader who ruled in Indonesia for 30 years and his family.

Suharto, an Indonesian strongman who has experienced political storms, certainly would not be left alone. The idea he came up with was to divert everyone's anger and let the domestic people vent their anger to a group in the country - Indonesian Chinese. In Southeast Asia, traditionally, Chinese people are quite powerful, especially in the business and financial circles, Chinese people are more concentrated. The richest people in Thailand, Indonesia, Malaysia and other countries are all Chinese, and the largest wealth in the country is often controlled by the Chinese group that does not account for the majority of the population. The Chinese population in Indonesia is less than 2% of the country, but controls more than 50% of the country's wealth.

However, the prosperity of Chinese people often aroused the jealousy of indigenous people. After World War II, the rulers of Southeast Asian countries deliberately guided local residents to attack the Chinese because of fear of the Greater China. Many anti-Chinese waves broke out in history. After Yang Xing merged Yahuangtai last year, he sent several reporters to conduct investigations in Southeast Asian countries under the banner of understanding the records of life of people in Southeast Asian countries during the financial crisis. Indonesia even sent elite soldiers to pay attention to the grass and trees in the local area. When the results were reported, it was shocking and dangerous in Indonesia!

In October last year, the International Monetary Fund (IMF) and Indonesia just reached an agreement to provide $23 billion in aid to Indonesia, but Indonesia must implement economic structural reforms. Because the reform conditions are too harsh, it has aroused great debate in Indonesia. In January this year, the University of Jakarta broke out in large-scale student demonstrations, opposing the IMF conditions and demanding Suharto step down. This move caused a sudden tightening of the situation in Indonesia. Undercurrents in Indonesia, and small-scale riots against Chinese people broke out in various parts of Indonesia since last year, and the frontline reporters said that the storm was coming and the situation in Indonesia is in crisis!

Yang Xing therefore boldly predicted that Indonesia is now sitting on a volcano that is about to erupt. Through the analysis of various data collected by him, the top Indonesian leaders may adopt old methods that have been tried and done to transfer conflicts to local Chinese. The Indonesian military is planning a big plan for this. Yang Xing believes that by the end of May, there will be a major riot against Chinese in Indonesia!

Leaving the name of Yang Xing, the Taoist Master, to explain his predictions, Cheng Canghai believed most of Yang Xing's predictions about the situation in Indonesia. He had an extraordinary keen intuition and also had a top "peeper" intelligence organization. It is not surprising to find the crisis of Chinese Indonesians, but it is indeed quite difficult to resolve this crisis.
Chapter completed!
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