Return to 78: Why are all the Americans panicking about doing scientific research?
Chapter 185: The Financial Elite of the Branch
Lin Kaifeng put down his knife and fork and said slowly, "Some things may not seem to happen on the surface, but there are actually undercurrents underneath. Looking back over the past few years, products from the island country have been very popular in the U.S. market, and the business community and some senior executives have reached the point where they can no longer tolerate it."
"Soon, the United States will suppress and restrict the goods of the island country."
"Commercial disputes must naturally be resolved through economic means. The best way to attack the island country's products is to increase the prices of the island country's products across the board and reduce the exchange rate between the island country's currency and the US dollar."
"To put it simply, it is to control the exchange rate between the U.S. dollar and the island nation's currency. Only in this way can we seriously damage the island nation's economy and deal a fatal blow to them from the root."
Wang Lei frowned and said, "It is not in the interests of the United States for the island country to be unable to recover. For fifty years, the island country has always been an important ally of the United States and a pawn for the United States to manipulate international affairs."
"It would be a losing business for the United States to seriously injure its allies."
Hearing this, Lin Kaifeng smiled and said, "The island country is indeed an ally of the United States, but you have made a mistake. What the United States needs is a loyal lackey, not a vicious dog that barks at its master at every turn."
"The worse the island nation's economy deteriorates, the more it needs help from the United States, and the more it cannot do without the control of the United States."
"Without the United States, the island nation will be directly reduced to its original form."
"The commercial dispute between the two countries has reached a fever pitch. In my words, the commercial dispute between the United States and the island nation is a dog-eat-dog situation."
"If I don't take advantage of you now, how can I justify the preparations I have made?"
At this point, Lin Kaifeng's expression turned grim.
Why establish overseas branches and why expand the foreign exchange indicators in hand?
It’s all for this foreign exchange action.
The United States has a variety of means to crack down on the commercial development of island countries, and has even pulled in the West to force island countries to appreciate their currencies.
This has resulted in a serious imbalance in the exchange rate between the island country and the US dollar.
If problems arise in the financial market, economic development and all aspects of strength will inevitably be affected.
Wang Lei nodded, not quite understanding.
Lin Kaifeng wants to use this opportunity to make some quick money in the financial foreign exchange market.
Wang Lei, who left China as a teenager and lived in the United States for a long time, has a certain understanding of the financial industry in capitalist countries.
Whether it is the United States or the island countries, capital is supreme from beginning to end.
The financial foreign exchange market will be affected, a large number of companies will go bankrupt, and countless people will lose their jobs.
Lin Kaifeng saw clearly that the United States wanted to suppress the island nation's business and would start with foreign exchange.
That's why we have to do something like this to take advantage of the situation.
Bai Ru didn't understand the conversation between the two at all, but she felt that Lin Kaifeng had big plans.
On the third day, Lin Kaifeng followed Wang Lei to the branch.
An office building located in the downtown area of Hong Kong City.
A dozen branch employees with experience in the financial industry sat in the conference room with a serious look on their faces.
Looking at the incredibly young Lin Kaifeng in front of him, all kinds of thoughts filled his mind.
The salary offered by Lin Kaifeng was twice as high as everyone else's original salary.
So it is.
Many people choose to work here.
The branch and Northern Machinery Company are the same enterprise. The foreign exchange indicators that can be used by the Machinery Company can also be used by the overseas branch.
After continuous cooperation with Best Buy Group, Lin Kaifeng was able to use foreign exchange exchange indicators up to 50 million US dollars.
In the capital market, 50 million US dollars is just a small stone thrown into the vast ocean.
Even if all of it is invested in the foreign exchange market, it will not attract much attention.
This is exactly the effect Lin Kaifeng wants.
An investment amount that is too large will inevitably arouse suspicion from many parties.
"Everyone, you have extensive industry experience and are elites in the financial and foreign exchange fields. Who can tell me what kind of fluctuations will occur in the foreign exchange market recently?"
As soon as these words were spoken, everyone started thinking.
As Lin Kaifeng said, everyone has rich experience in the financial industry.
If you want to survive in the financial industry, you must have a good brain, otherwise you will be eaten by others and die without knowing how.
That was why everyone understood the hidden meaning behind Lin Kaifeng's words at the first moment.
It's more like a test than an inquiry.
If you think about it, you will understand why Lin Kaifeng paid everyone double the salary.
The reason is that we need to draw on everyone's industry experience and sharp minds.
If you can't even pass the simplest test, you will most likely be kicked out.
"Reporting to the general manager, I think there will be a violent currency shock in the foreign exchange market. The exchange rate between the island country's currency and the US dollar is likely to be a big problem."
While everyone was thinking hard, a man in his thirties wearing a blue suit and a red tie stood up.
Seeing this, Lin Kaifeng smiled and said, "What's your name?"
"Reporting to the general manager, my name is Chen Ping."
Chen Ping said respectfully: "From the recent movements of the US authorities, we can analyze that the US will soon change its tolerant attitude towards the island country's products."
"The previous US president was a weak character. Although he restricted the export share of island countries' products many times, the intensity was not too great."
"Island companies responded immediately, demanding the U.S. to implement free trade, and acquired a large number of U.S. manufacturing companies, labeling island products as American products to avoid the trade barriers set up by the United States."
"These little tricks cannot be hidden from the top brass and business elites in the United States."
"Not only will it not have any reversal effect, but it will further anger the US capital giants."
Having worked overseas, Chen Ping is well aware of the dumping situation of Japanese products in the United States.
After returning to Hong Kong, Chen Ping started working in a large financial investment institution.
Because of a small mistake, he was ruthlessly fired by the company.
When he was at his lowest point in life, Wang Lei found him and offered him double his salary.
Chen Ping was assigned to work in the Gangcheng branch of Northern Machinery Company which was about to be established.
"General Manager, I agree with Chen Ping's opinion. Judging from the restrictions and sanctions the United States has imposed on commodities from other countries before, they will first interfere with the foreign exchange markets of these countries and affect the commodity trading volume."
Several others followed suit and expressed their opinions.
Overall, it coincides with Chen Ping's views.
Experts and non-experts have different observation and judgment abilities when dealing with the same thing.
Even after being reminded by Lin Kaifeng, Wang Lei did not find any signs of excessive foreign exchange fluctuations.
In the eyes of these people, many things are actually very obvious.
The impact of island country products on U.S. manufacturing and industry is unprecedented.
A large number of American companies went bankrupt and countless workers lost their jobs.
The United States' economic invasion of the island country has reached a point where it can no longer be tolerated.
With the transition from the old to the new, a new President of the United States came to power.
This person's attitude will be tougher than before.
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