Reborn 80s
Chapter 397 Exchange Rate Changes
Chapter 397 Exchange Rate Changes
"It's Chen Huaiqing!"
Some students recognized Chen Huaiqing. On the school's publicity wall, although there is no photo of Chen Huaiqing alone, there is a large group photo of Chen Huaiqing and the school staff.
The school posted the group photo on the promotional wall.
In fact, when most people saw the group photo, they just took a look.
There are also students who know it and will point out that the person standing in the middle is Chen Huaiqing.
No way, if Chen Huaiqing does not stand in the C position, who will stand in the C position?
The young teacher who was giving a lecture couldn't help being taken aback for a moment, but he was a little stunned, no wonder he could wander around in the school.
Looking at the noisy classroom, she also temporarily ignored it.
Many students in the class are the children of employees of the Mota Group, either from the Mota Group, or from pension funds or work units.
Xinxing Middle School will give some places to new students from the Yuzhou Municipal Government every year, and there is no other use. It is to enter Xinxing Middle School, and in terms of tuition fees, it will be treated the same as the children of employees of the Mota Group.
One of the benefits for Mota Group employees, or a very important one, is the ability to study at Xinxing Middle School, and the fees are very cheap.
The Yuzhou Municipal Government generally gives these quotas to outstanding staff to encourage them to perform their duties in their work.
Sun Congxuan heard the noise coming from the classroom after they passed by: "The students are all in class now, let's stop ostentatiously here. Go to the sports field and have a look."
Chen Huaiqing: "Alright!"
When Chen Huaiqing and Sun Congxuan were sitting on the sports field watching the students in physical education class, the principal of Xinxing Middle School also trotted over in a hurry.
"Chen Dong!"
Chen Huaiqing looked at the school leader who came over, and said with a smile: "Go and do your own work, and I'll come and take a look."
"Okay, you guys go to work. Mr. Chen, I'll be right next to you. If you need anything, call me anytime."
Chen Huaiqing: "OK!"
Sun Congxuan frowned and said, "Is that the principal of the school?"
"What, is there a problem?"
Sun Congxuan asked strangely, "Don't you think it's a little too doggy?"
Chen Huaiqing said with a smile: "Actually, this is very good. My ideas can be fully implemented."
It is quite a troublesome thing to have a group of smart people under you.
Smart people just want to show that they are smart, so they often disagree with you.
They all feel that they are right.
"Furthermore, I prefer to rely on the system to manage and use the system to cover the bottom line. As for the upper limit, it depends on luck."
Sun Congxuan glanced at Chen Huaiqing, she naturally knew what the upper limit depends on luck.
There are also many talents in hand.
However, it is unknown what effect it will have after putting the person on the position.
In fact, no matter who is put up, it is a [-]-[-] game. Either it is good or it is not good.
Definitely hope it turns out well.
Then you can only predict the next performance through past performance, and it may not meet expectations. Who dares to guarantee it.
Even Sun Congxuan herself dare not say that she can do everything well.
"This time when I return to Xiangjiang, I will transfer the 100 billion US dollars as soon as possible."
Sun Congxuan will leave Yuzhou and go back to Xiangjiang tomorrow, and there are still many things Sun Congxuan needs to deal with in Xiangjiang.
In the past two months, Chen Huaiqing definitely didn't have time to go to Xiangjiang anyway.
Soon Chen Huaiqing has to go to Rongcheng for a meeting, and the Entrepreneur Economic Exchange Meeting will be held in Rongcheng in mid-February.
This exchange meeting has received a lot of attention, and people desperately hope to get some comfort from Chen Huaiqing.
In March, Chen Huaiqing had to go to the capital for a meeting.
In April, it was the Huaxu Award again.
This year is the third time for the Hua Xu Award, and in terms of influence, it can be regarded as a fight.
After all, the prize money of the Huaxu Award is indeed quite generous.
Chen Huaiqing: "There is no need to turn around all at once. Next, the RMB will definitely depreciate."
For ordinary people, the depreciation of the exchange rate actually has little effect.
Especially for a country like Huaguo, which can basically achieve self-sufficiency, even if it does not buy things from abroad, it does not mean that it cannot survive.
Sun Congxuan asked in surprise, "Will the RMB depreciate?"
"It may depreciate to 8 yuan!"
"If this is the case, then should we change our plan to invest heavily in the country?"
Chen Huaiqing smiled and said, "Perhaps, we can change to another method."
"In what way?"
"Through Kangnian Bank, we want to lend US dollars to domestic companies. If the exchange rate falls to 8 yuan, these companies will suffer huge losses. At that time, we can take over the situation."
Chen Huaiqing thought for a while, but forgot it.
"This matter, still can't be done. It's too bad."
Sun Congxuan joked: "If we don't do this, other foreign banks will."
Chen Huaiqing couldn't help but frowned. In China, Kangnian Bank is not the only foreign bank.
Foreign-funded banks issue loans in US dollars, and naturally companies have to repay the loans in US dollars.
If you are doing foreign trade business, exchange rate fluctuations are a good thing, but if you are doing domestic market...
Borrowing US dollars to purchase machinery and equipment, under the depreciation of the renminbi, actually increased the purchase cost of machinery and equipment in disguise.
In the end, it will be reflected in the production cost.
Chen Huaiqing sighed: "Then strictly check the loan recipients."
Many of Kangnian Bank's domestic loan business are loans to state-owned enterprises and local governments.
Of course, if you want to obtain a loan from Kangnian Bank, you must have a lot of collateral.
Kangnian Bank is not like other banks in China, just say hello and release any money.
Not formal at all.
Everyone also accepts that Kangnian Bank requires collateral, after all, Kangnian Bank can loan in US dollars.
At this time, many foreign-funded banks are the same as Kangnian Bank.
After all, foreign-funded banks cannot carry out RMB deposit business in the Mainland.
"The plan to invest in the mainland still needs to be carried out, but don't be so urgent. Those investments that can be delayed should be delayed. Some investments cannot be delayed, and the money should be invested. For example, the construction of universities, technology research and development."
Sun Congxuan: "Don't worry, your university dream will not be delayed!"
In other words, Chen Huaiqing built a university not just for children, right?
Could it be for Chen Huaiqing's own university dream?
Chen Huaiqing wouldn't feel inferior because he didn't go to college, would he?
Sun Congxuan glanced at Chen Huaiqing, and Liu Xiyan also went to get a self-examination undergraduate degree certificate.
Sun Congxuan has heard that there are many wealthy mainlanders who are applying for classes just to improve their academic qualifications.
Chen Huaiqing, on the other hand, did not move at all.
For Chen Huaiqing, education is not a simple matter. Chen Huaiqing can take the certificates of undergraduate and graduate students of Yuzhou University.
No one will say anything.
But, there is no need for this.
After returning from Xinxing Middle School, Chen Huaiqing didn't return home at night, and stayed at Sun Congxuan's place for one night.
When Liu Xiyan saw Chen Huaiqing who was yawning profusely in the morning, she couldn't help but rolled her eyes: "You are young, but Sister Xuan can't stand your mess."
Chen Huaiqing: "Are you saying that Sister Xuan is old?"
Liu Xiyan was speechless, when did she say that Sun Congxuan was getting old.
"Come on, drink this egg and soy milk, and go to bed quickly!"
"Accompany me!"
Liu Xiyan was amused, like a child: "I'll come over later."
(End of this chapter)
"It's Chen Huaiqing!"
Some students recognized Chen Huaiqing. On the school's publicity wall, although there is no photo of Chen Huaiqing alone, there is a large group photo of Chen Huaiqing and the school staff.
The school posted the group photo on the promotional wall.
In fact, when most people saw the group photo, they just took a look.
There are also students who know it and will point out that the person standing in the middle is Chen Huaiqing.
No way, if Chen Huaiqing does not stand in the C position, who will stand in the C position?
The young teacher who was giving a lecture couldn't help being taken aback for a moment, but he was a little stunned, no wonder he could wander around in the school.
Looking at the noisy classroom, she also temporarily ignored it.
Many students in the class are the children of employees of the Mota Group, either from the Mota Group, or from pension funds or work units.
Xinxing Middle School will give some places to new students from the Yuzhou Municipal Government every year, and there is no other use. It is to enter Xinxing Middle School, and in terms of tuition fees, it will be treated the same as the children of employees of the Mota Group.
One of the benefits for Mota Group employees, or a very important one, is the ability to study at Xinxing Middle School, and the fees are very cheap.
The Yuzhou Municipal Government generally gives these quotas to outstanding staff to encourage them to perform their duties in their work.
Sun Congxuan heard the noise coming from the classroom after they passed by: "The students are all in class now, let's stop ostentatiously here. Go to the sports field and have a look."
Chen Huaiqing: "Alright!"
When Chen Huaiqing and Sun Congxuan were sitting on the sports field watching the students in physical education class, the principal of Xinxing Middle School also trotted over in a hurry.
"Chen Dong!"
Chen Huaiqing looked at the school leader who came over, and said with a smile: "Go and do your own work, and I'll come and take a look."
"Okay, you guys go to work. Mr. Chen, I'll be right next to you. If you need anything, call me anytime."
Chen Huaiqing: "OK!"
Sun Congxuan frowned and said, "Is that the principal of the school?"
"What, is there a problem?"
Sun Congxuan asked strangely, "Don't you think it's a little too doggy?"
Chen Huaiqing said with a smile: "Actually, this is very good. My ideas can be fully implemented."
It is quite a troublesome thing to have a group of smart people under you.
Smart people just want to show that they are smart, so they often disagree with you.
They all feel that they are right.
"Furthermore, I prefer to rely on the system to manage and use the system to cover the bottom line. As for the upper limit, it depends on luck."
Sun Congxuan glanced at Chen Huaiqing, she naturally knew what the upper limit depends on luck.
There are also many talents in hand.
However, it is unknown what effect it will have after putting the person on the position.
In fact, no matter who is put up, it is a [-]-[-] game. Either it is good or it is not good.
Definitely hope it turns out well.
Then you can only predict the next performance through past performance, and it may not meet expectations. Who dares to guarantee it.
Even Sun Congxuan herself dare not say that she can do everything well.
"This time when I return to Xiangjiang, I will transfer the 100 billion US dollars as soon as possible."
Sun Congxuan will leave Yuzhou and go back to Xiangjiang tomorrow, and there are still many things Sun Congxuan needs to deal with in Xiangjiang.
In the past two months, Chen Huaiqing definitely didn't have time to go to Xiangjiang anyway.
Soon Chen Huaiqing has to go to Rongcheng for a meeting, and the Entrepreneur Economic Exchange Meeting will be held in Rongcheng in mid-February.
This exchange meeting has received a lot of attention, and people desperately hope to get some comfort from Chen Huaiqing.
In March, Chen Huaiqing had to go to the capital for a meeting.
In April, it was the Huaxu Award again.
This year is the third time for the Hua Xu Award, and in terms of influence, it can be regarded as a fight.
After all, the prize money of the Huaxu Award is indeed quite generous.
Chen Huaiqing: "There is no need to turn around all at once. Next, the RMB will definitely depreciate."
For ordinary people, the depreciation of the exchange rate actually has little effect.
Especially for a country like Huaguo, which can basically achieve self-sufficiency, even if it does not buy things from abroad, it does not mean that it cannot survive.
Sun Congxuan asked in surprise, "Will the RMB depreciate?"
"It may depreciate to 8 yuan!"
"If this is the case, then should we change our plan to invest heavily in the country?"
Chen Huaiqing smiled and said, "Perhaps, we can change to another method."
"In what way?"
"Through Kangnian Bank, we want to lend US dollars to domestic companies. If the exchange rate falls to 8 yuan, these companies will suffer huge losses. At that time, we can take over the situation."
Chen Huaiqing thought for a while, but forgot it.
"This matter, still can't be done. It's too bad."
Sun Congxuan joked: "If we don't do this, other foreign banks will."
Chen Huaiqing couldn't help but frowned. In China, Kangnian Bank is not the only foreign bank.
Foreign-funded banks issue loans in US dollars, and naturally companies have to repay the loans in US dollars.
If you are doing foreign trade business, exchange rate fluctuations are a good thing, but if you are doing domestic market...
Borrowing US dollars to purchase machinery and equipment, under the depreciation of the renminbi, actually increased the purchase cost of machinery and equipment in disguise.
In the end, it will be reflected in the production cost.
Chen Huaiqing sighed: "Then strictly check the loan recipients."
Many of Kangnian Bank's domestic loan business are loans to state-owned enterprises and local governments.
Of course, if you want to obtain a loan from Kangnian Bank, you must have a lot of collateral.
Kangnian Bank is not like other banks in China, just say hello and release any money.
Not formal at all.
Everyone also accepts that Kangnian Bank requires collateral, after all, Kangnian Bank can loan in US dollars.
At this time, many foreign-funded banks are the same as Kangnian Bank.
After all, foreign-funded banks cannot carry out RMB deposit business in the Mainland.
"The plan to invest in the mainland still needs to be carried out, but don't be so urgent. Those investments that can be delayed should be delayed. Some investments cannot be delayed, and the money should be invested. For example, the construction of universities, technology research and development."
Sun Congxuan: "Don't worry, your university dream will not be delayed!"
In other words, Chen Huaiqing built a university not just for children, right?
Could it be for Chen Huaiqing's own university dream?
Chen Huaiqing wouldn't feel inferior because he didn't go to college, would he?
Sun Congxuan glanced at Chen Huaiqing, and Liu Xiyan also went to get a self-examination undergraduate degree certificate.
Sun Congxuan has heard that there are many wealthy mainlanders who are applying for classes just to improve their academic qualifications.
Chen Huaiqing, on the other hand, did not move at all.
For Chen Huaiqing, education is not a simple matter. Chen Huaiqing can take the certificates of undergraduate and graduate students of Yuzhou University.
No one will say anything.
But, there is no need for this.
After returning from Xinxing Middle School, Chen Huaiqing didn't return home at night, and stayed at Sun Congxuan's place for one night.
When Liu Xiyan saw Chen Huaiqing who was yawning profusely in the morning, she couldn't help but rolled her eyes: "You are young, but Sister Xuan can't stand your mess."
Chen Huaiqing: "Are you saying that Sister Xuan is old?"
Liu Xiyan was speechless, when did she say that Sun Congxuan was getting old.
"Come on, drink this egg and soy milk, and go to bed quickly!"
"Accompany me!"
Liu Xiyan was amused, like a child: "I'll come over later."
(End of this chapter)
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