Coming to Wall Street, which can be said to be the true center of the United States, Qi Yiming, under the leadership of Jacqueline Morgan, worked with Citibank, Morgan Stanley Bank, JP Morgan Bank, Bear Stearns Bank, Lehman Brothers, etc.

The bankers who could stomp the earth several times met.

The person who hosted the meeting was still an official representative of the United States. He first told Qi Yiming: "After careful consideration by Congress and the government, the United States will provide China with a low-interest loan of US$20 million..."

Qi Yiming is a civilized man. If he still had the temperament of an angry youth at this moment, he would have punched this American official in the face. He spent 20 million US dollars to send a beggar. Compared with the hundreds of millions of dollars in aid when the United States was wealthy,

, twenty million US dollars is really just a drop of money, not to mention that Qi Yiming came with a "heart-breaking" gift package.

The official also knew that it was a bit embarrassing and compensated: "This loan is a long-term aid loan with a low interest rate that is far lower than the world's aid level. Generally speaking, the conditions are good. At the same time, we encourage China to apply to some commercial banks in our country."

For a certain amount of normal loan business, the interest rates are easy to negotiate.”

Low-interest long-term loans also have a certain nature of assistance, but normal loans are simply giving money to American bankers. Even though these bankers are sitting here so serious and looking so gentlemanly, Qi Yiming is very

Know that these people are actually a bunch of hungry wolves.

The United States experienced an economic recession in the 1970s and early 1980s. It was not until September this year that the finance ministers and central bank governors of the United States, Japan, West Germany, France and the United Kingdom held a meeting at the Plaza Hotel in New York and reached a five-year plan.

The U.S. government jointly intervened in the foreign exchange market to induce an orderly depreciation of the exchange rate of the U.S. dollar against several major international currencies in order to solve the problem of the U.S.'s huge trade deficit. This was the Plaza Agreement that was enough to influence the world.

Many Japanese people say that the Plaza Accord is the main culprit for Japan's two decades of decline. The United States also relied on the Plaza Accord to stabilize its position as the world's economic hegemon, dragging down Japan's development. Qi Yiming, as a student of economics and business

I have never felt that way, or I don’t think that Japan has been lost for two decades and that the U.S. economic recovery is entirely due to the Plaza Accord, which improved U.S. export competitiveness.

In fact, the main reason for the U.S. economic recession in the 1970s was that the traditional economy was coming to an end. After the war, the U.S. lost its expansionary production demand, causing the economy to fall into stagflation. The most fundamental way to solve this problem is the third technological revolution.

The rapid rise of emerging industries, including PC, microelectronics and other industries, has directly injected new vitality into the U.S. economy, thereby further protecting its international economic status.

At the same time, Japan has also gained strong purchasing power of international resources due to the appreciation of the yen, and has internationalized its products and carried out a new round of industrial adjustment. To say that it is a loss can not be completely regarded as a loss. For a long time, the Japanese economy has remained stable.

It ranks second in the world, its products are sold globally, and its national income continues to increase. To say that it is disappointed is just compared to the crazy development in the 1960s and 1970s, and it seems to be surpassing the United States.

Anyone with a brain can figure out that if the U.S. military is standing on Japanese soil, no matter how capable Japan is, can it drive away the Americans with its strong economy and then become the number one in the world?

In any case, before the effects of the Plaza Accord and the third technological revolution were fully catalyzed, the United States had a serious fiscal deficit and was somewhat preoccupied with itself. How could it be that it could benefit Qi Yiming and China in vain? However, there are other benefits in this situation.

, a typical method of committing crimes in the United States. The economic crisis provokes chaos in the world and takes advantage of the opportunity to sell arms. Arms export has become a major pillar industry in the United States. The Rabbit family is now coming to the door, reaching out to beg the Tomcat. This is a very profitable deal.

Naturally, Americans cannot easily give up on large oil and water orders, so the possibility of passing them has also increased.

Qi Yiming could only comfort himself. Originally, he came to the United States to engage in Tomcats.

However, Qi Yiming will still fight for what should be fought for. He said to the bankers in front of him: "Gentlemen, thank you for taking the time to come to this meeting. I personally brought

It comes with extremely high sincerity. As you know, the current Republic lacks the funds needed for development, but it has great potential for development. I hope to get it from Plutus (the god of wealth in Greek mythology).

Some serious funding."

An executive from Lehman Brothers Bank said: "We are also very interested in helping China with its economic construction. Effective financing models and a sound banking system are conducive to rapid economic expansion. The United States itself is a good example.

I think if China can open up its financial industry and allow American banks like us to enter the Chinese market, it will be of great significance to activate the market to a greater extent."

Qi Yiming regarded this man's words as farts. He seemed to be talking in a decent way, but in fact, the harm caused by letting these piranhas enter the country was far greater than the benefits. How could he let go so easily?

He could only pretend to be helpless and said: "Sorry everyone, I also hope that everyone can enter the Chinese market and help us with financing, but I have no say in this aspect, let alone decision-making power. But the good news is that our country is working hard

After joining the General Agreement on Tariffs and Trade, we will have a long-term development plan for the financial industry in the future. One day we will open up to foreign banks. Well, I can reveal some inside information here, and I hope everyone will not spread it. If our entry into the customs

If the process goes well, we will try to open up a certain amount of foreign capital in advance to obtain some shares of our local banks. Of course, this kind of shares cannot be too much, but I think it will be very valuable to everyone."

This makes the piranhas' eyes light up. Indeed, this model makes it impossible for them to make so much fun, but making some money is much better than not making any money at all.

Morgan Stanley asked: "How many places are open? What is the maximum number of shares that can be obtained?"

Qi Yiming smiled and said: "This still needs to be operated later. We are still weighing it. What I can assure you is that this matter is real, but the degree of openness will not be too much, so we cannot guarantee that everyone here will

Anyone can enter. As for who gets this benefit, haha, of course we will give priority to friend companies with better qualifications and who are friendly to China."

His words basically completely destroyed the atmosphere of unity among the piranhas. China is poor, but China is a country with a traditional high savings rate, and a high savings rate is the favorite thing of bankers. They

It can mobilize a large amount of capital to lend or invest, and then attract money here like a magnet. Coupled with the population of one billion, emerging markets are booming. It can be said bluntly that maybe China's banks will be better than those of the United States in the future.

Make money and earn more.

According to a later report by "The Banker" magazine, in 2011, 29.3% of the World Bank's profits were made by Chinese banks. ICBC, China Construction Bank, and Bank of China ranked the top three, with JPMorgan Chase ranking fourth. Of course, these Chinese banks are not as hateful in later generations.

Compared to the group of people on Wall Street in the United States, the extremely high profitability has almost completely scratched the surface of the real economy. After 2013, this situation began to be intensively rectified, and the country tightened monetary policy and strengthened governance, and only then did it improve to a certain extent.

Although the prospects are still uncertain at this time, bankers can roughly guess how attractive the Chinese cake is, so everyone wants to grab a share, and even the sooner the better. What to do if the quota is limited?

Do good public relations with people in China!

Sure enough, Citibank said immediately: "Our bank has always been committed to developing foreign customers, especially paying special attention to potential customers. We will consider providing a low-interest assistance loan to the Chinese government, but we also hope that China can allow us

The bank has set up branches in China and operates part of its business."

"We extremely welcome Citibank's assistance loan. It is possible to set up a branch, but it is impossible to operate too many businesses. I prefer to use FDI for financial cooperation. I think to a certain extent, direct investment is better than ordinary

The commercial credit is more valuable, of course this is also limited, I need to go back and report it, and the Party Central Committee will conduct further demonstration and research."

FDI cannot be said to be all good and all bad. The good aspects promote development, but the bad aspects threaten the country's balance of international payments. But now China is covered in scabies, a bachelor and a poor man. What is there to pick? Now engage in FDI.

Obviously the pros outweigh the cons.

Bankers can't say they like this model very much, but at least it is a profitable thing. Qi Yiming provoked it a little, and finally when he left Wall Street, in addition to getting 20 million US dollars from the United States, he also got some money from this model.

A group of bankers pocketed $110 million in low-interest loans.

In the mid-1980s, the country no longer regarded having no domestic debt or foreign debt as something to be proud of. A large number of applications for ODA from Japan, and later loans from international organizations such as the World Bank, were all necessary for economic construction.

way.

Back at the manor where they were staying, several people from the commercial department were shocked to learn that this hard-to-serve man had brought back 130 million just after he left the house.

"It doesn't matter that the superiors asked us to listen to Comrade Qi's command. They stayed in the United States for a few days and just re-explained what we originally planned. The Americans were all ready to send us money." A person from the Ministry of Commerce said.

sighed.

Person B also said: "Sure enough, different people have different fates, but when we go out with Comrade Qi, we can not only make a mark in our credit book, but also bring some foreign exchange to buy some home appliances for the country."

A certain person C smiled and said: "When our trade is liberalized, it will not be so difficult to buy domestic appliances in the future, and there will be no need to bring them."
Chapter completed!