2529 [Base Transfer]
The script "Butterfly Effect" has been recognized by everyone, which seems very normal in summer because it is a very wonderful and good story in itself.
"Okay, everyone, you have half a month to study the script and figure out the roles. I hope that when the movie officially starts filming, you can all be prepared accordingly." Xia Tian nodded and said.
Everyone nodded after hearing this.
...
Southeast Asia.
Thailand's economy is strong outside and hard at the middle, and it is completely a fancy.
In the first quarter of 1996, Thailand's export growth rate fell from 24% to minus 0.2%.
At the same time, the signing of the General Agreement on Tariffs and Trade and the ASEAN Free Trade Zone Agreement has led to a sharp reduction in import tariffs, resulting in a large number of foreign goods entering Thailand, and severely impacting Thailand's local manufacturing and agriculture.
After these messages broke out, Thailand's economy plummeted.
Thailand's stock index fell 90%, and real estate prices plummeted by 40%. In this case, foreign capital fled and withdrew from Thailand to avoid being hit by the fish.
In order to alleviate the crisis and to stop hot money from selling the Thai baht, the Thai government had to increase the deposit and loan interest rates, which once increased the interest rate to 13.25%.
Increased deposit interest rates can promote people's enthusiasm for deposits. The 13% interest rate is three times higher than the 4% return rate of balance. And increasing loan interest rates can curb loans. The 15% interest rate is almost up to Gaoli Loan.
But Thailand's move not only did not retain foreign capital, but instead made its own enterprises even more difficult to operate due to loan difficulties. Because no matter how high the deposit interest rate is, when people lose confidence in the national economy, they dare not deposit money in the bank. Just like Mongolia, in order to absorb deposits, the interest rate was as high as 15%, but they still didn't have much to save.
The increase in loan interest rates has made loans to domestic enterprises a problem. Without financial support, a large number of enterprises are in trouble, and farmers even do not even have enough money to buy fertilizers and pesticides.
As a result, Thailand's economy became even worse and became out of control.
Correspondingly, Soros and other hot money made a lot of money in Thailand. With shorting the stock market and speculating on foreign exchange, their income exceeded 8 billion US dollars. This is just a small test.
However, the hot money manipulated by Soros can only take advantage of the finances. However, because Thailand is not a financially developed country, its foreign exchange reserves are only a little bit, so it is impossible for Soros to make a lot of money.
...
The real big money is still in the industry, such as real estate, factories, etc.
In the 1980s, Thailand's manufacturing industry, especially the electronic processing industry, developed very rapidly. It has the largest electronic production base in the ASEAN region, mainly producing integrated circuits and electronic hardware components.
Because Thailand pursues an economic freedom policy, it has always been in good relations with Western countries such as the United States. For example, in Phuket, Thailand, there were US troops garrisons at the beginning.
In the 1950s, the United States built the "Southeast Asian Treaty Organization" similar to NATO in Southeast Asia. Thailand and the African Rupee were the only two members of this organization. Back then, the United States attacked South Vietnam, which was to use Thailand's military bases.
Therefore, Thailand has always had good relations with the United States. Therefore, in terms of electronic processing industry, Thailand is not like China, which is blocked by the United States at all levels, but can obtain technical support from the United States, Fuso, Europe and other countries. This is also the reason why Thailand's electronic industry is developing rapidly.
This is exactly what summer attracts.
For example, although the factory of Xia Technology is located in mainland China today, its main components are actually produced in Taiwan.
The reason is that Taiwan is not restricted by the United States and can obtain the most advanced lithography machines and use the latest processes to produce chips. However, lithography machines in mainland China have been lagging behind because they started very late. If you want to catch up, it will be impossible for at least twenty years.
In recent years, due to the increasingly tense relationship between Taiwan and the mainland, coupled with the collapse of the Soviet Union and Russia's revolt towards the West, China, with its rapid economic development, has become a thorn in the United States, so the resistance is increasingly greater.
For example, the Wang brothers have been advised or threatened by Taiwanese customers many times in the past two years, allowing them to withdraw from the mainland market and invest in Southeast Asia.
Xia Tian has been advised by American tourists many times to stay away from China. Even if you want to invest in the mainland, don’t introduce the latest technology into China.
Although in the end, because Xia Tian’s economic strength is too strong and its international influence is huge, these things are gone. But the pressure is still there and it is increasingly difficult to ignore.
Xia Tian has been trying to solve these problems.
First, strengthen your own basic scientific research. The light sources and lenses used in lithography machines are extremely precise. For example, its laser light sources require narrow line width, large energy, and high pulses. These three conditions are contradictory. It is extremely difficult to find a balance point and the R&D is very difficult. On a global scale, only a few companies can master this technology.
Currently, scientific research institutes in mainland China are under the support of summer to develop domestic lithography machines. At present, progress is relatively smooth. Especially with the strong support of Soviet scientists from Russia and Ukraine, the R&D speed has been greatly accelerated. However, despite this, it will take at least three to five years to build a prototype.
The second is to find another third-party country that is close to the West and China, and is not restricted by the West and has close ties with China.
And Thailand has become the best choice for summer.
Thailand has always been friendly with the United States and is one of the traditional allies of the United States in Southeast Asia. However, almost all of the United States' allies have been deceived by it.
In the seven or eight years, Nanyue, who intended to dominate Southeast Asia, captured the Jianpu Village with the support of the Soviet Union. After taking the Jianpu Village, Nanyue became arrogant and launched an attack on Thailand.
The Thai army was not the opponent of South Vietnam and was retreating step by step. The Thai government urgently asked the United States for help, hoping to obtain protection from the US military. However, the United States was frightened by the South Vietnam War at that time and did not dare to go back to Southeast Asia to fight with South Vietnam, so it refused Thailand's request for help.
Seeing that Thailand was about to be captured by South Vietnam, China launched a self-defense counterattack against Vietnam in 1979. The Nanyue Mansion was attacked from both sides for a while. In order to avoid being wrapped in dumplings, it had to withdraw its troops that invaded Thailand and return to the rescue, saving Thailand from destruction.
Therefore, after this, China-Thailand relations quickly became warm. Thailand changed from the foreign policy of "fully turning to the United States" before the 1970s to "common development between China and the United States".
Therefore, Thailand has become the most ideal third-party country.
Moving the electronics industrial base of Tianxia Technology to Thailand. On the one hand, it can be free from policy restrictions, and on the other hand, it can use Thailand's developed electronics processing industry, which is a killing two birds with one stone.
Chapter completed!