Of course, Yang Xing didn't know that his two rivals were finally joining forces to deal with him. He was busy sharing the benefits of the war with many collaborators. After accepting a series of compliments, he could only leave and talk to Zheng Feilong, deputy director of the Capital Project Management Department of the State Administration of Foreign Exchange who came to Hong Kong for inspection.

Except for seeing Yang Xing's extraordinary business skills in Beijing Rose Garden and his own rare earth business, Zheng Feilong relied on his relationship with Yang Xing to pay dividends from one business trip. Although he made a lot of money, he did not feel deeply as if he had experienced a big fight this time.

In the past, he didn't like the arrangements at home and often was idle outside, which made him famous as the "Four Young Masters of the Capital". However, in recent years, he has been regaining his character, accepting the help of his family, and focusing on his career, and finally took the position of real power as the deputy director of the Foreign Exchange Administration. All of this is related to his interactions with Yang Xing at the time, and he also truly realized that Yang Xing is the noble person in his destiny.

Compared with Yang Xing's current business, he had made Jiang Likui's foreign trade company just like a child to play house. Without his own power, he would have lost a lot of money. Fortunately, he transferred it to Yang Xing's Xinghai Trading Company in time. Now Jiang Likui is also the vice president of Xinghai Logistics Company under Xinghai Trading Company. Xinghai Logistics is now the second largest logistics company in China after China Post Company. Jiang Likui is considered to be a prosperous person.

Moreover, Yang Xing's status in the domestic political arena is also rising. Yang Xing is indeed an anomaly for businessmen who do not have a single official or a half position. However, he can give lectures to central leaders, and every suggestion he puts forward is valued by the central government, and many suggestions have even become part of the policy. With this, Zheng Feilong is willing to give up the disadvantage.

This time, he led a group of officials who are considered financial elites in China to come to Hong Kong in person to experience the cruelty and complexity of the financial war. However, even though he was mentally prepared and witnessed Yang Xing and his team's battle to make a big splash in the US financial market with $300 billion, he realized that he was still watching the sky and had too little experience.

Although they could only stay in a base converted into a used warehouse for most of their time in Hong Kong. They also had to take shifts every day to watch the progress of the 24-hour uninterrupted financial war. In order to prevent leaks, their food, clothing, housing and transportation had to be resolved in this small space, but no one complained. Because they were all excited to see such a wonderful and comprehensive real-time financial offensive and defensive battle.

The world financial market has developed to this day, and has long realized huge amounts of funds and uninterrupted rolling transactions around the world for 24 hours, from New York to Tokyo, from Hong Kong to London, trillions of dollars of funds flow continuously in major financial markets. Their only purpose is to pursue higher profits. Once interrupted, a storm will set off a global wave.

For this purpose, Yang Xing and the others organized hundreds of traders to trade continuously in the base, and more traders outside cooperated with the action. The base even arranged a complete computer workstation to connect with several major supercomputer centers set up by Zhongxing International in Hong Kong and the Mainland to analyze data at any time. Any set of figures derived are related to the success or failure of transactions of thousands of trillions of dollars.

Zheng Feilong and the others were dazzled and it was a great opportunity to test what they learned. Even if they could not leave the field for themselves, they were still infected by the atmosphere in the field. Even if they were talking about what they saw and gained during the rest, they greatly increased their knowledge over the past ten days, and finally had a real understanding of the depth of the international financial market. They no longer talked loudly, but also felt the huge gap in the financial field at home and abroad.

"It's a good thing to feel the gap. This time I took a big risk to ask you to watch. You should know that most of my customers only contact me by phone and computer. You have to go back and help me to sound the alarm for the officials in China who are in charge of finance. Reading thousands of books is not as good as traveling thousands of miles. No matter how solid the theory is, it requires practice. This time, you are asked to come here to experience the operation of the international financial market in person, but to strengthen the domestic attention to futures and options and other financial products." Yang Xing sat in the chair in his office and taught earnestly, and seemed to have no idea of ​​the age gap between him and Zheng Feilong.

This is also a benefit of his current surge in strength. At that time, he needed to use political families like the Wang family and the Zheng family to promote his business plans, so he naturally had to lower his attitude. But now that Feng Shui is reversed, he is a billionaire with a net worth of over 10 billion US dollars. He can often meet the Prime Minister directly, but Zheng Feilong and Wang Yunqi asked him more often. With Yang Xing's ability to teach the leaders of the Political Bureau of the Central Committee, he now has no objection to giving Zheng Feilong a lesson from condescendingly.

"I heard that the central government intends to reform the national strategic reserve system. The basic strategic materials, such as crude oil, metal, cotton and grain, cannot be based only in China, but should consider introducing products from the international market, which will inevitably involve futures trading of international commodities. The global pricing mechanism of commodities in the international community basically adopts futures pricing methods. For example, when we import oil from the Middle East, the pricing power is in the hands of the Chicago Futures Exchange in the United States, and a discount price has to be added in the middle. This means that whoever can influence the international commodity futures price will have the lifeblood of many countries' strategic reserves. It is conceivable how many funds around the world covet this pricing power!"

Zheng Feilong nodded. He witnessed the cruelty and changes in the financial market with his own eyes. Of course, he would not have any illusions about the futures market. Yang Xing continued: "I have heard the heads of the London Metal Exchange and the London International Petroleum Futures Exchange proudly introduce that their customers include almost large global producers, traders, investment banks, etc. The exchange attracts tens of billions of dollars in battle every day, and the final closing price has become the benchmark futures price of the day, guiding the pricing of global commodity trade. In the past one or two years, "China" has repeatedly become a popular word in the international commodity futures market. Whether it is crude oil, metals, or agricultural products, as long as it is related to "China", the market price will soar."

Zheng Feilong looked ugly when he heard this. Didn’t he treat us as big kids? “A colleague of Morgan Stanley said it well, ‘What do China wants to buy, we will buy before them.’ Obviously, when we were doing commodity business in China, we used to say that we had no experience, so we had to hire foreign futures companies to represent it. This is tantamount to holding on to the opposite side and giving people a handle. Because in this way, people are clear about your trading direction. Who do you eat if he doesn’t eat? This is exactly the taboo for domestic participation in the international futures market. In the past, your business volume was small and no one paid attention to. Now your national strength has soared. If you have money, who will you kill? Now every time Chinese buyers enter the market to purchase, it will trigger funds to flock to the market and raise futures prices.”

Zheng Feilong suddenly realized, "So this time you let us experience the operation of the international financial market in order to deepen our impression and let the country pay attention to the establishment of its own futures team?" Yang Xing nodded and accused Zheng Feilong's guess, but then he said something that made him dumbfounded.

"Actually, you are an official in charge of domestic foreign exchange. I have an idea. Let me give you a briefing first. You know that Hainan is applying for free RMB exchange in the area. Now Hong Kong is also very willing to develop this business. You see, after you go back, report to the above, how about setting up a free RMB exchange experimental zone in the mainland near Hong Kong?"

The international free exchange of RMB has been discussed for a long time in China. After 20 years of reform, China has made remarkable achievements in actively participating in international division of labor. As a "world processing factory", it has become an internationally recognized fact. However, this has also brought about a certain negative impact, that is, the sharp rise in foreign exchange caused by the trade surplus.

Because my country implements strict monetary control policies, my country's foreign exchange management shows a typical "one-sided" trend. Most of the contracts signed by enterprises internationally use US dollars to settle, but the US dollars obtained cannot be used in China and must be handed over to the country to exchange for RMB at the exchange rate.

Not long ago, the country introduced a convertible policy for RMB under current account, but because foreign exchange projects under capital are still regulated, the majority of foreign exchange earned by foreign trade enterprises are still limited. For projects that require a large amount of foreign investment and foreign investment in enterprises, foreign exchange control is still full of obstacles, which has caused many domestic foreign trade enterprises to set up accounts abroad and do not transfer foreign exchange back to the country so that foreign exchange can be used when foreign exchange is urgently needed, which has provided a breeding ground for smuggling activities and corruption.

Domestic calls for relaxing foreign exchange controls and free exchange of RMB are increasing, but given the recent frequent financial crises in developing countries, a large number of foreign capital fleeing has led to the collapse of national foreign exchange reserves, which has caused sharp depreciation of the local currency and triggered social unrest. Especially the dark clouds of the Asian financial crisis have just dissipated, and the US economic crisis has come one after another. At this threshold, the domestic issue of free exchange of RMB is very cautious. Yang Xing put forward this suggestion at this time Zheng Feilong felt that it was like adding fuel to the fire.

Seeing Zheng Feilong's hesitation, Yang Xing hurriedly explained to him: "Don't worry, the Hong Kong government leaders and I have been angry with the central government for a long time. There is a lot of controversy in China, so you need to come forward and shout. Your position is very suitable. In addition, don't think that this is just a financial issue, but it is actually a political task and a major political support from the central government to Hong Kong!"

Yang Xing did not deceive Zheng Feilong. This was indeed a way for Hong Kong to come up with a way to increase its support rate. At this time, although the political achievements made by the first government after the return of Hong Kong led by Bao Haisheng far exceeded Yang Xing's memory in his previous life, he also encountered a political undercurrent and had a lot of trouble.

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Chapter completed!