Hearing this, except for the people in the officialdom, most scholars and experts had a little admired Yang Xing and looked wrong. Although Yang Xing offered a killer move, he talked about the exquisite layout and could almost directly draft a charter as follows. It was obvious that he had made sufficient preparations before the meeting, and Sima Zhao's heart was obvious. After listening to his speech, who else is more qualified to lead the overseas bottom-buying group besides him?

He said he wanted to learn from the Japanese consortium. In addition to Zhongxing Capital, the four major banks with state-backed support and several import and export trading companies in China could not compete with Zhongxing Capital. Now Zhongxing Capital's tentacles have extended into most parts of the world, and its Xinghai Trading is the pioneer in pioneering the company.

With the sufficient funds provided by the parent company, Xinghai Trading not only built a trade route for the sale and procurement of raw materials and parts of brother companies, but also responsible for collecting and analyzing the ever-changing market demand and customs of the markets around the world. It has a final say in the information it provides for the new products and new technologies launched by the group in any market.

Once Xinghai Trade’s proposal for a certain type of commodity in a certain region is recognized by the headquarters, other companies of Zhongxing Capital will take action immediately, but the one that follows is not the dispatched personnel of manufacturing companies, but Xingfu Investment Group, which is now located all over the world. The so-called "soldiers before the troops move, food and grass will go first, and Zhongxing Capital's expansion is inseparable from this sufficient milk of funds. Its banks, insurance, securities companies, hedge funds, etc. pounce on them like sharks that smell fishy. No matter the deserts with thousands of yellow sand and the steep mountains, or the oceans with vast waves, they cannot stop these financial sharks!

With this combination of punches, Xing Capital can be invincible in the overseas market. Now Yang Xing copied the routine at the meeting, which obviously means no one else. But even if you know this, everyone looked around and sighed that they really couldn't find someone more suitable than him. This young man not only had unique economic theory, but also an excellent practitioner! Wen Rengui also smiled in his eyes. When Cheng Canghai was in power, he considered letting Yang Xing go to the front desk, but he politely declined. At that time, Yang Xing liked to make money with his head down. But the times were forcing people. Now he has no opponent in China. When talking about such overseas business, no one is more qualified than him. No wonder he has become stronger. He was like this at the National Information Strategy Conference two years ago, and it is still the case.

Fortunately, Yang Xing's strength is to benefit the country and the people, and he left this venue. Most of the time, he refused media interviews and rarely expressed his opinions on domestic policies. He did not want to attract attention, nor did he intend to put pressure on the central policy formulation. Therefore, he felt that Yang Xing deserved to be the leader of the overseas bottom-buying group for justice or self-interest.

Yang Xing is so active in fighting for the position of the leader, in addition to the fact that he does make profits for his own business, he also has the idea of ​​competing for profits for the country, and does not want good things to turn into bad things. He is confident that he will be in check, at least there will be no major mistakes in overseas investment. The debate on the use of foreign exchange reserves at this meeting is so fierce. One of the big reasons is that this kind of investment profit is natural in the eyes of the people. If the investment fails, it will face unbearable criticism. Why did the government choose to buy US Treasury bonds because it is the least risky investment at present, and if other investment projects fail, they will have to bear great responsibility.

In recent years, there have been several major failures in overseas investment by state-owned enterprises. China Reserve Cotton Management Corporation, which was established less than two years ago, was trapped in imported cotton trading and lost half of its capital. At the end of the year, the National Reserve Administration of China, an important member of the national material reserve system, also went to Maicheng in the international copper futures market. A trader established short orders of 150,000 to 200,000 tons in the London copper futures market. As a result, the copper price rose sharply and lost hundreds of millions of dollars.

As a result, a very strange situation occurred. On the one hand, everyone believed that the domestic futures level was low and needed to work hard in the overseas market. On the other hand, they lost public funds repeatedly and lost their money and were criticized by thousands of people. If this situation did not change, the overseas bottom-fishing that everyone expected at this meeting was undoubtedly a mirror. Therefore, Yang Xing considered that only by letting companies like Zhongxing, which had brilliant achievements, stand up and take the lead, can it add confidence to the action and facilitate Yang Xing to use his abilities and cooperate with the ability of the "prophet" to be invincible.

Therefore, after some discussion, the overseas bottom-buying plan was finally determined, and Zhongxing took the lead. Yang Xing did not refuse and immediately came up with a prepared plan to roughly divide the overseas acquisition targets of foreign exchange reserves. In addition to his first proposal to repurchase bank shares and assist companies in overseas expansion, he also specifically mentioned taking the opportunity to seize the international pricing power of some commodities.

Regarding the international pricing power of commodities, it can be said that Yang Xing has never stopped working since he was reborn. In his previous life, he was very dissatisfied with the phenomenon of China buying and rising, and being slaughtered by foreign commodity traders as fat sheep, and has always wanted to make changes. As his career expanded, he came into contact with the secrets behind the international business system that he could not touch in his previous life, and found that this was not something he could solve by just acquiring a few iron mines and obtaining a pricing seat in the London gold market.

For commodities, the answer in economic textbooks refers to large-scale trading of material commodities that can enter the circulation field but are not retail, with commodity attributes used for industrial and agricultural production and consumption. In the financial investment market, commodities refer to commodities that are homogeneous, tradable, and widely used as basic industrial raw materials, such as crude oil, non-ferrous metals, agricultural products, iron ore, coal, etc., which are generally divided into three categories, namely energy commodities, basic raw materials and bulk agricultural products.

Since commodities are mostly at the top of the industrial base, futures and spot prices that reflect their supply and demand conditions will directly affect the entire economic system. It is also because of its large price fluctuations, large supply and demand, easy to rank and standardize, easy to store, and transportation. The world's first modern futures exchange was born in Chicago, USA. The first trading object is wheat among bulk agricultural products.

Nowadays, commodities are basically traded in futures. Metal products include gold, silver, copper, aluminum, lead, zinc, nickel, palladium, platinum, and chemical products include crude oil, fuel oil, gasoline, propane, natural rubber, etc. There are relatively more types of agricultural products, including corn, soybean, wheat, rice, live pig, live beef, soybean flour, soybean oil, cocoa, coffee, cotton, wool, sugar, orange juice, rapeseed oil, etc. Among them, soybean, corn, and wheat are called the three leading agricultural product futures.

When it comes to futures trading, it seems to be related to investment banks and hedge funds, but in fact, beyond the imagination of ordinary people, the protagonists in the international commodity futures market are not these forces in the financial market. They are more about financial derivatives. However, the ones who truly grasp the lifeline of commodities are about twenty ** traders. What is even more surprising is that these traders are almost all private companies that are not listed, and most of them have Jewish backgrounds.

These real world commodity giants were basically established in the 1970s. At that time, the United States announced the decoupling of the US dollar from gold, the US dollar depreciated sharply, and the international commodity prices denominated in US dollars fluctuated continuously. These commodity traders who saw the opportunity absorbed capital from various countries, such as Japan, the United States, European conglomerates, Middle Eastern oil capital, and even global drug trafficking, money laundering, and gambling black forces, and obtained the qualification to manipulate the prices of commodities around the world.

These ** traders are not self-positioning as big players who hoard goods, because this will attract counterattacks from all sides. Their main approach is to travel around the world to connect the commodity producers (upstream) and consumers (middle and lower reaches) in various countries to earn the difference in the circulation link. In order to lock in profits, they generally hedge for spot goods, but at the same time they will also use market information asymmetry to speculate outside hedging, so the economic community also calls them middlemen.

Since they are not listed companies, there are no problems such as financial disclosure, and they are very secretive about their business strategies and targets. It is difficult for the outside world to know what business they have done. Of course, due to the problem of capital bottlenecks, they do not intend to monopolize all sales channels of commodities, because once they do that, strong consumers may directly jump with the producers, unless the trader signs an underwriting agreement or participates in controlling the producers. However, in this way, their identity will change.

Their best area is to match consumers and countries with rich resources but politically turbulent. Due to political reasons, companies with low risk appetite dare not go to certain countries to dig out gold. These countries are often imposed by the international community for some reasons. In order to solve the demand for exporting goods to earn foreign exchange in these countries, some people need to take risks to break through this situation. Such breakthroughs can only rely on violations in certain aspects, and violations often mean the dark side behind them. At this time, these middlemen appear and engage in this "gray transaction" can make a fortune.

These commodity middlemen are engaged in physical trade in global commodities similar to the previous British East India Company, and are speculating in the futures market. Among them, Glencore, a representative of metals and oil trade, Vitol, which mainly deals in energy, and the four world's four kings of agricultural commodities - the United States' ADM (Archer Daniels Midland), Bunge, Cargill and France's Louis Dreyfus Commodities. According to their initial letter, they are called "ABCD" and so on. These companies control more than half of the world's commodity share, and even major consumer players like China are difficult to intervene.
Chapter completed!