Jiang Gan came to the news again: "On July 3, 2018, the Daily Economic News reported that the RMB fell below 6.7 against the US dollar, depreciating by 7% in 75 days. The deputy governor of the central bank stated that China is confident that the RMB will remain stable within a reasonable range."

Wang Qiang was confused: "Wait! Didn't I say last time that the Fed was playing with a suicide rate hike? The US dollar was back, China would not follow, it should appreciate, cut interest rates, lower reserve requirement ratio, what enemy retreated, and I advance, is the RMB internationalized? Why did the RMB depreciate?" (See Chapter 460)

Su Su browned: "The reserve requirement ratio cut is reduced, and the interest rate does not seem to be much, but the depreciation of the RMB is also a normal tactical operation. Brother Qiang knows the use of depreciation, right?"

Wang Qiang said in surprise: "I know, as mentioned earlier, appreciation is to facilitate others to run away with money, and depreciation is the opposite, and it is inconvenient to run away."

Su Su nodded: "Yes, review if the exchange rate of RMB to USD is 6:1, then if the foreign capital in China wants to run away, it has to exchange the 6 yuan you earned in your hands for 1 dollar to leave. If the RMB depreciates to 7:1, then you have to exchange 7 yuan for 1 dollar to leave, which increases the cost of 1 yuan to run away. This is really a decimal. So the depreciation of this 7% is to lock in domestic foreign capital so that they don't run away easily. Then Brother Qiang also knows another benefit of depreciation, right?"

Wang Qiang browed: "Increase exports and attract foreign investment?"

Su Su smiled and said: "Yes, under the premise of a trade war, it is necessary to increase exports, but the more important thing is to absorb international financial capital that ran away from the United States, Hainan Free Trade Zone and Northeast Free Trade Zone are all ready! But Europe is the origin and place of faith of international capital. After all, China is a socialism that once fought against local tyrants, so if you want to intercept the ruthless people, you must offer better conditions!"

Jiang Gan flipped through the book: "Old news a few days ago, on June 28, Xinhua News Agency reported that the Ministry of Commerce of the National Development and Reform Commission issued a negative list of foreign investment access, and the first mates in 22 fields relaxed the market access for foreign investment."

Wang Qiang said, "That's it...what is the negative list?"

Jiang Gan smiled and said, "The lord is not in his heart again? The negative list means that China's profits are being sold, so the opening of these 22 areas has aroused a huge response. First, in the financial services industry, the proportion of foreign-owned shareholding will be relaxed to 51%, and all foreign-owned shareholding restrictions will be lifted by 2021."

Wang Qiang's face changed: "Damn it! Cancel all?"

Jiang Gan continued to recite: "In the field of infrastructure, the restrictions on foreign investment of railway trunk networks and power grids will be lifted."

Wang Qiang's face changed: "Damn it! The restrictions on railways and electricity have also been lifted? Is this a privatization of state-owned enterprises? What's the fucking private ownership by foreigners!"

Jiang Gan said: "In the field of agriculture, foreign investment restrictions on crop production outside wheat and corn are lifted!"

Wang Qiang was shocked: "I don't want food security anymore? I want Monsanto and other people to promote genetically modified children in China. Then China is not over!"

Su Su smiled and said, "Brother Qiang, be calm!"

Jiang Gannian said: "In the resource field, foreign investment restrictions on rare earth smelting and separation will be lifted! In the fields of automobiles, ships, aircraft..."

Wang Qiang sighed: "Okay, the brother behind him is too lazy to listen. Please interpret it. This must be a routine, right?"

Su Su smiled and said, "That's right, if it was 20 years ago, these would have been terms of treason and would have been the next South Africa. But China now is different now and already has absolute control. And if it really wants to treason, what kind of trade war will it fight with the United States? Just surrender to the United States directly."

Jiang Gan nodded: "First of all, let's talk about financial openness. Finance is not the core lifeline of China. Complete financial openness is nothing more than a stance to replace the United States. As mentioned earlier, China needs international capital to help promote the internationalization of the RMB, which is consistent with the international capital group's goal of abolishing the US dollar in order to lie to pay, so I believe in China's control ability in this regard."

"Then let's talk about the opening of the railway grid field. Think about it, what is the basic routine of International Capital Group to acquire and control a country's lifeline industry?"

Wang Qiang browed: "Of course, the US dollar is playing the double harvest of appreciation and interest rate hikes. After the bankruptcy, it will buy others at a low price, and then wait for the market to be good and sell at a high price. It was not said that the minister of Sichuan Jianguo is known as the "king of bankruptcy and restructuring" and is specialized in this matter."

Su Su smiled and said, "That's right. So how can China Railway Corporation, China Railway Corporation, and International Capital Group, which are like giants and share their health with other giant state-owned enterprises, bankrupt China Railway Corporation, and international capital groups? How can they buy China Railway without bankruptcy? If they cannot buy at a low price, then directly invest in huge amounts of capital to participate in the shares? How much is this price? Who can afford it?"

Wang Qiang realized: "That is, this is an advertisement!"

Jiang Gan smiled and said, "Yes! So international capital cannot make the idea of ​​China's domestic gold trunk railway, but we can focus on China's overseas high-speed rail projects. China's high-speed rail has not been able to make big strides in recent years because of various geopolitical issues. In the past, those places were mostly controlled and interfered by international capital groups. At that time, it was enemies but not friends, so of course they could not do anything. But now, once the railway is opened, it will turn enemies into friends. In the future, various high-speed rail construction such as Thailand and Myanmar along the Belt and Road will definitely cause trouble."

Wang Qiangwu: "It's indeed a routine!"

Jiang Gan smiled and said, "Then we talk about the food field. Pay attention to the keywords. The two weak staple foods of wheat and corn are not open, but rice has been opened. With Yuan Darui in our country, rice can be grown in the sea water in the desert. Our rice technology is definitely the pinnacle of the world. As long as the core technology is in our hands, those foreign capitals who come to participate in the stake are workers. Their meaning is to help China promote rice all over the world, otherwise they will not make money."

Su Su smiled and said, "As long as the whole world is full of Chinese rice, the abcd in the United States is not the only one in the four countries, and it cannot easily launch a food war against countries around the world. As for the various genetically modified problems that cheat people, to be honest, today is not the same. With today's agricultural technology, will there be no variety of tricks?"

Wang Qiang realized again: "So that's it!"

Jiang Gan smiled and said, "Then it is rare earths. Pay attention to the keywords. It is to relax restrictions on rare earth smelting, but the rights to exploit rare earths are still in our hands. China's weakness is actually the smelting of rare earths, which is equivalent to a market changing technology. Of course, international capital is not a fool. If the mining rights are not obtained, it means that there is no way to do a large scale. It is hard to say whether they come or not."

"Then the opening of aircraft and ships. To put it bluntly, military industries such as drones and warships are promoted to the world's military industry market. Military industry is undoubtedly a huge profit market, but this market is very special. Small countries that purchase high-end weapons from the United States and Russia mean that they will have to accept one-stop after-sales maintenance, upgrades and maintenance from the United States and Russia in the future, as well as system compatibility, and various political reasons, with strong exclusivity, so it is difficult for China's military industry to intervene. However, as long as the International Capital Group participates in the stake, it will definitely be of great help to China's military industry to gain market share."

Wang Qiang then realized: "On the surface, I was invited in, but in fact I was just to go out!"

Su Su smiled and said, "Yes, in the long run, if the RMB wants to go global and international, it must appreciate. This is a strategic goal. This depreciation is just a tactical adjustment. Tactics are all for strategic services. In fact, the RMB exchange rate has always acted at its own pace and will not be disrupted by others."
Chapter completed!