USA.

Summer visited the Zion Presbyterian Church and asked Soros to withdraw his investment.

"You are going to withdraw your investment now?! Hong Kong is about to return. After the mainland government takes over Hong Kong, it will definitely find a way to solve the Hong Kong dollar crisis. At that time, it will either lower the exchange rate, use foreign exchange reserves to repurchase the Hong Kong dollar sold in the foreign exchange market. In short, no matter which one it chooses, we will make money. Why do you withdraw your investment now?!" Soros asked in confusion.

During the Southeast Asian financial crisis, when governments in various countries were attacked, they first used foreign exchange reserves to repurchase their own currencies and tried their best to maintain the currency exchange rate. They did not announce the reduction of the exchange rate until the foreign exchange reserves were exhausted.

"Don't forget, there is another way, that is, strengthen supervision and curb financial speculation." Xia Tian smiled, "If people choose this method, we will be in trouble."

"No, Hong Kong is a free trade port. If supervision is strengthened, it will scare away all the merchants. It will be even more unfavorable to its economic development." Goldman Sachs partner Weinberg waved his hand.

"Yes, Hong Kong's prosperity is based on the free trade port. If it strengthens financial supervision, then merchants will definitely withdraw their investment. Even if it resolves the current crisis, it will not be conducive to future economic development. I think they should not be so short-sighted." Stan Olind, chairman of Merrill Lynch Investment Bank, also waved his hand.

"I disagree with you. Hong Kong's prosperity is, although it is a free trade port, but it is also related to its geographical location.

It is only a river separated from mainland China, and is a springboard for foreign capital and goods to enter the mainland. As long as mainland China does not fully open up, Hong Kong's status will not change." Xia Tian waved his hand and said, "Even if it strengthens financial supervision, because it is backed by China, foreign capital and goods will still enter Hong Kong and then flow into the mainland.

Therefore, even if supervision is strengthened, Hong Kong's economy will not be affected too much. The mainland government is also very confident about this."

Strengthening supervision will not curb trade or scare away merchants.

Just like the United States, although it pursues a "free trade policy", the United States government has actually formulated numerous laws to restrict foreign investment and trade in goods, and has repeatedly used administrative means to suppress competitors and protect its own enterprises. But even so, the United States is still the country that ranks first in the world in attracting foreign investment, with hundreds of billions of dollars in funds flowing into the United States every year.

Therefore, the so-called "free trade" is actually more like a slogan. Even if you shout, you don't have to be serious or use it as a "tale", thinking that "free trade" will definitely make the economy prosperous.

A typical example is Thailand, who thought that "free trade" could replace Hong Kong and become the Asia-Pacific financial and trade center, relaxed supervision of the financial industry. As a result, an economic crisis brought it back to twenty years ago overnight.

Hearing what he said, everyone present looked a little serious.

Because they all know that Xia Tian has a very different relationship with the mainland. If you dare to say this, you must have something to rely on.

"Mr. Xia, did you hear the news that you know they will do this?" Soros asked curiously.

"To be honest, I don't have accurate news yet, but as far as I know, the mainland does have this tendency, so I have to withdraw my investment in advance." Xia Tian nodded, "You also know that if the referee comes out to play, no one can beat him."

Once the mainland strengthens supervision, it is equivalent to referees revising the rules of the game. At that time, no matter how likely international hot money is to win, it will turn the tables immediately.

Just like during the stock market crash in 1987, the Hong Kong government temporarily issued a policy to impose trading tax on major futures traders, and the tax was quite high, which scared the speculators away. This is the effect of the referee playing in the game, and no one can beat him.

"If it does, it will definitely face criticism from the whole world." Olind said dissatisfied.

"Yes, I will mobilize members of Congress to protest against it and impose economic sanctions." Senator Soder Volker also shouted.

After hearing this, Xia Tian shook his head and said, "Whether protest or economic sanctions are protests, it is just a disease of scabies and will not cause trouble to the mainland at all. Are there few members of Congress proposing sanctions on China every year? But China's economy still surges by double-digit speed every year.

Those multinational companies are simply reluctant to abandon the huge market of the mainland with a population of 1.3 billion. If you don’t believe it, ask Kecao and Pepsi. Are you willing to shut down factories in the mainland and withdraw them from the mainland in full?!"

The double-digit economic growth in the mainland and the huge population of 1.3 billion are a huge and plump beef for any multinational company. No one will be unmoved. Even if Volker launches parliament and imposes economic sanctions on China, some lawmakers will come forward to protest.

Because there are now a large number of American companies investing in China, such as GM, Ford, Coca-Copy, McDonald's, etc., and I don't know how many American companies do business with China.

These are all interest groups. If the United States is preparing to impose economic sanctions on China, they will definitely stand up and protest to safeguard their interests in China.

When Volker heard Xia Tian say this, although he still looked very dissatisfied with his neck, he had to admit that Xia Tian was right.

The nature of capital is to pursue profits. China's economic growth rate ranks among the best in the world, and the annual double-digit growth is really amazing.

In addition, its economic size is large, so double-digit growth is even more terrifying. For all capital, it is a piece of fat.

Especially in recent years, Southeast Asia's economic crisis, Russian post-economic crisis, Patsima, Moxico's economic crisis, the US Internet bubble, and Fuso economic bubble...

Looking around the world, there are really few areas like China where economy can maintain rapid and stable growth and have such a vast market.

Therefore, economic sanctions are useless. Even if implemented, capital will definitely find ways to bypass sanctions, bypass supervision, and cooperate with China.

"So, we can only withdraw our investment." Soros said unwillingly.

"If you really don't hit the wall and don't look back, and you have to touch your head and blood, then I won't force you to pull you. But I really don't want to take risks anymore." Xia Tian nodded and said.

"But if we really withdraw our investment, where will our capital be invested?" Soros frowned.

He doesn’t have to take over Hong Kong, but there must be new investment channels for tens of billions of dollars in funds, otherwise how can he explain to his customers?!
Chapter completed!