Chapter 881 Bloody War

At the beginning, the fluctuations in the exchange rate market in China were still within the normal range. However, it could not stop rising every day. The exchange rate of the Chinese currency against the US dollar continued to rise, and the Chinese currency continued to appreciate. It was a little bit every time, but not long after, it broke the barriers again and again. It was said that cutting the dead with zero knife would not hurt, that was nonsense. Now, the superiors were already feeling unbearable pain.

China's foreign exchange reserves are the world's largest, and most of them are reserved US dollars, reaching an astonishing US$3 trillion. Now that the Chinese currency has appreciated and the US dollar has depreciated relatively, it has led to the direct shrinkage of China's foreign exchange reserves.

Every 1% appreciation of the Chinese currency means that the wealth of 30 billion US dollars has quietly evaporated from this huge foreign exchange reserve!

This is simply giving money to foreign countries for free!

Moreover, if you give gifts for nothing, you can't even lose a favor.

These are all superficial things. Another huge disaster brought about by the appreciation of the Huaxia currency is that the difficulty of exporting Chinese goods has greatly increased. Originally, a teacup made in China costs six yuan, which is equivalent to one dollar. The price is low, and it has great competitiveness in the foreign market. Now the Huaxia currency has appreciated. The teacup made by the cost of the Huaxia currency is also sold abroad, but it is converted into 2 US dollars, and its competitiveness has been relatively reduced.

This is just an example. China exports more than a thousand kinds of products? How large is the quantity? A slight fluctuation will suppress a lot of exports. With fewer exports and more imports, the trade surplus will further narrow.

These are just simple statements, and the disaster brought about by the appreciation of the Chinese currency is not limited to these two aspects. Because the economic circle is too sensitive, it can affect all aspects by one move.

Therefore, the superior leaders have always attached great importance to this matter and have been using great efforts to prevent the sharp appreciation of the Chinese currency. However, this time, simple regulatory measures are no longer effective.

"Someone is speculating on exchange rates behind the scenes!" In the end, the financial experts in China made such a judgment and immediately reported it to the government. "And the other party's funds were extremely scattered, and it was difficult to find out the final black hand in a short period of time, and there was no such huge energy."

According to the final judgment, the most timely and effective way now is to fight head-on. If you buy Huaxia coins and rise, I will buy the US dollar and rise. If you buy as much as you buy, I will buy as much as you buy.

Of course, the same thing is still the same. It seems simple, but it is still very complicated to operate. It requires a large number of professional elites to operate. Fortunately, China does not lack talents in this area. The only thing it lacks is where to get so much money in a short time! The government's reserves are used tightly every year, and government bonds are issued from time to time, which is not enough.

He used a lot of money and gathered a large number of powerful people in the financial circles. The money he collected finally quietly flowed into the exchange rate market. Finally, the trend of appreciation of the Chinese currency was stopped.

However, this happened to be trapped in Rothschild's plan. They were proud of having a huge capital flow, which was to slowly drag you into a protracted battle. Once they came in, it would be difficult to get out and they had to continue fighting.

So a few days later, the appreciation trend appeared again!

"Slowly, it smells of bloody storms." Jiang Cankun of Xinyi Group, as a famous asset operation expert in China, is too concerned about this and too proficient in it. In addition, Zhou Dongfei also gave him a strong and vigorous task, so he has been paying close attention to any fluctuations in the exchange rate.

Zhou Dongfei, who was standing beside him, asked: "Do you think our government can control it?"

"At present, there is no problem at all." Jiang Cankun said, "I just don't know when the other party will end up playing. I'm afraid that in the end, the money you gave me will be a drop in the bucket after filling it in. Because this time the momentum seems calm, but I always feel that the other party's back-up will be endless."

Zhou Dongfei was stunned: "Brother has prepared hundreds of billions of dollars, and he still has a drop in the bucket? Can you change the word?! This description is too exaggerated!"

Zhou Dongfei has indeed had a lot of spare money, and he is ready to save the market when necessary. At that time, he will appear as a glorious savior, which is so cool. Unexpectedly, Jiang Cankun gave himself a "drop in the bucket".

Jiang Cankun shook his head: "I have such a premonition, and it's very uncomfortable. If the other party is really playing big, even if you spend the money in it, it probably won't play a big role. It may be a drop in the bucket, but it may not be much better."

"Poke it." Zhou Dongfei gritted his teeth, "These grandsons are so fierce. I knew they had money, but I didn't expect that they could even get so much cash."

Zhou Dongfei's predictions of Rothschild and the Yu family were actually not much different. But he did not expect that the combined cash invested by these two companies accounted for 40% of the total inflows outside this time! In this way, it was far higher than Zhou Dongfei's expectations. The financial market was too subtle. Sometimes a illusory news could cause large fluctuations, let alone the actual actions of a large amount of real money and silver in reality. If that extra 60% of them may cause devastating consequences.

The financial war, which Jiang Cankun called "bloody wind and blood", was initially like the end of a breeze, and gradually formed a force that swept across the nine heavens. The country was trapped in more and more funds, but it seemed to have smashed into a bottomless pit, never knowing the depth and never seeing the end.

If you retreat, your efforts will be in vain and your troops will be defeated like a mountain; if you advance, you will not know when to entangle, your depth will be unfathomable.

Now, I'm really in an embarrassing state of being in a dilemma.

In the end, I decided to fight and even used all my foundation. After showing my strength, I did a strong counterattack against the "Young Master" side, showing a strong suppression.

At present, a total of 1 billion Chinese coins have been invested, exceeding 1.5 trillion US dollars! Due to the regulations on the exchange rate floating upper limit, this battle is destined to be lasting and is the most competitive in terms of patience and endurance between both sides.

This secret battle seemed peaceful, but the global financial circles knew the dangers and saw the firm determination of the Chinese government. Of course, everyone was even more frightened by this sacred and powerful capital flow. Everyone knows that if one country is powered by one country, no government in the world can withstand such a powerful offensive except China and the United States!

After the situation stabilized for three days, the friends of China all secretly breathed a sigh of relief, thinking that the Chinese government had finally blocked this terrifying war. The forces that had bad intentions towards China were dejected one by one. They wanted to see the Chinese economic miracle suddenly shattered, but they did not expect that the Eastern dragon would finally hold on.

But after two days, the situation became subtle again! Everyone was stunned and didn't know how powerful the powerful capital flow had! Because the appreciation trend of China Co., Ltd. appeared again!

Crazy! Everyone was shocked. The two sides combined, the super mutual gamble of three trillion US dollars is not the end yet, and the battle seems to be escalating further!!!

One after another, the other party once again filled the funds. This war has abandoned means and art, and is purely a force-resistant, a complete battle of hand-to-hand combat and attrition! Those who persist to the end will win a complete victory; those who retreat early will lose everything!

"What should I do? Keep fighting?!" The high-level think tanks hesitated, and their confidence was obviously hit hard. They finally realized that the other party's energy was simply amazing. Some even doubted whether this would be the joint action of several major powers. Otherwise, why was it so cruel!

This opinion was reported to the Prime Minister, and even the entire senior management was in a strong and melancholy atmosphere.

"If all possible funds are mobilized, how much more can we invest?" the Prime Minister asked the experts' think tanks on the other side in a heavy tone.

"More than 500 billion US dollars, at most... 600 billion." said the chief economic expert of the think tank. "If we continue to make a profit, we will win miserably, because we no longer have any ability to resist risks. Kill 10,000 enemies and lose 8,000 to yourself."

This is still a good thing, that is, a miserable situation. So, if you continue to spend so much money, it will be a miserable situation? It will be even more uncontrollable!

The Prime Minister was also extremely hesitant. This time, the country's investment was too great. If you are not careful, it may lead to an immeasurable failure. At that time, the entire economy will be in a difficult position.

"We need to think about it again, carefully consider whether there are other channels to borrow power and whether there is a more complete way to end." The Prime Minister said, "It's time to this point, and it's a dilemma."

What other channels are there to borrow? A group of experts are all in a difficult situation. All those who can be raised have been raised, and they have already been invested. In order to ensure the government's final and flexible operation, the funds collected from external channels were the earliest to be invested.

At this moment, the Prime Minister's General Office walked in with a hurried expression and said a few words in the old man's ear. Everyone stared at the Prime Minister's expression nervously, thinking that something big happened again. However, the old man's face suddenly relaxed a lot, and even showed a smile. Finally, the old man arranged a sentence and then smiled: "Our blessing is coming!"

After a while, under the leadership of the Prime Minister's General Office, two men, one old and one young, walked into the conference room. Many of them knew the newly appointed Minister of Housing and Urban-Rural Development Li Zhengfeng. The latter was young, smiling and a little bit of a gaze!

Everyone found it strange. This is a matter in the financial circle. Li Zhengfeng is just the minister of the Ministry of Housing and Urban-Rural Development. What are he doing when he is mixed up? Moreover, he is called a blessing general by the Prime Minister? As for the young man with some gaze, who is the sacred person behind him? Of course, being able to participate in this level of meeting is definitely not an ordinary person. At the first moment, many people guessed Zhou Dongfei as a person like Mitsui Yan. Perhaps, this is a second-generation head of a hidden chaebol?

Looking at the puzzled expressions of everyone, the Prime Minister smiled and said, "I guess there is no need to introduce the Minister Li Zhengfeng in front, right? The Minister of Housing and Urban-Rural Development, who was officially appointed a few days ago, was the former governor of Hedong. The latter has a special position, and his appointment has not been officially notified to all ministries and commissions and provinces. Let me introduce him. His name is Zhou Dongfei, Deputy Minister of Public Security and Deputy Minister of the Ministry of State Security."

Damn! So young, as two deputy ministers of most of the ministers? Moreover, in this way, Zhou Dongfei's energy can be regarded as a full-time minister. The key is that he is young, too young, and it is unbelievable.

Of course, considering the names of the Ministry of Public Security and the Ministry of State Security, everyone also vaguely realized that this handsome young man with a smile on his face might be one of the country's largest spy chiefs.
Chapter completed!