Siheyuan starts from the stationmaster

Chapter 202 To Xiangjiang

What Bai Zirui said made He Yuzhu and Xu Jingli dare not imagine. The high-rise buildings here have already shocked them so much, so what would the real rich place in Xiangjiang he said be like?

It was a seven-seater commercial vehicle that came to pick them up, and He Yuzhu, Lou Xiaoe, and He Xiao sat at the back.After hearing Bai Zirui's words, Lou Xiaoe asked curiously: "Zirui, have you been to Xiangjiang before? Why are you so familiar with Xiangjiang?"

Bai Zirui replied: "Sister-in-law, I have never been to Xiangjiang. The brother Liang who parted from our wharf is a partner of my trading company. I heard all these from him."

After listening to his explanation, Lou Xiao'e nodded and stopped talking. The car calmed down for a while, and Bai Zirui looked at the scene outside the car window with emotional ups and downs, thinking about the development of Xiangjiang in the 80s.

The 80s was the golden decade of Hong Kong. This was the era when Hong Kong flourished and the economy took off. The 80s was when Hong Kong-style pop culture swept Asia.Since the early 80s, Xiangjiang's various industries have been at the forefront of the world.

If we want to judge the degree of development of a city, the first point must be to understand the economic development of the city. At that time, the economic development speed of Xiangjiang can be regarded as proud of the world.

In the 80s, the total GDP of Xiangjiang even reached nearly 2000 billion yuan. On the other hand, among all the cities in the mainland, JS province with the highest total GDP is only worth 320 billion yuan.In terms of GDP, the total output value of Xiangjiang was about 7 times that of Jiangsu at that time.

The reason why Xiangjiang has such a high level of development is largely due to the industrialization of Xiangjiang at that time. Since the 20s, Xiangjiang has begun to vigorously develop industries. Technology has reached international standards.

According to data, the economic growth rate of Xiangjiang in the 80s exceeded 20%, which was comparable to our level in the 90s. The entire 80s was the most splendid period of Xiangjiang.

After the reform and opening up, Xiangjiang’s investment has always been in a leading position. With this policy, Xiangjiang has successfully completed the industrial upgrading and transformation. Many enterprises and institutions will choose to set up their headquarters in Xiangjiang. At this time, Xiangjiang is the center of finance, trade and shipping in the Asia-Pacific region. Xiangjiang in the 80s was a golden age everywhere.

Although Xiangjiang was prosperous, Bai Zirui knew that Xiangjiang was facing new economic difficulties in the early 80s. In 1981, the economic crisis broke out in the United States, Europe, Japan and other western developed countries. Inflation remained high, the number of unemployed people increased sharply, and the real economic growth rate was extremely reduced. Some countries even experienced negative growth.

These countries generally adopt more stringent trade protectionist measures, making the competition in the international market more intense.In Hong Kong, under the background of rapid economic growth in the first 30 years, its per capita GDP reached US$1981 in 4100, ranking first among the four Asian tigers.

This will inevitably lead to an increase in wage levels and factory rents, which will increase the cost of labor-intensive manufacturing and reduce competitiveness. Since 1981, the real estate market has been in a downturn, the financial industry has been under heavy pressure, and the backlog of credit funds has reached 500 billion Hong Kong dollars. .

The stock market crash caused the Hang Seng Index to fall by 63% year-on-year. People's confidence in the Hong Kong dollar was shaken, and the Hong Kong dollar began to depreciate continuously, which caused the Hong Kong dollar crisis and the banking crisis.

In September 1983, Hang Lung Bank ran out and was taken over by the Hong Kong government (later merged into Dao Heng Bank). In October of the same year, Sun Hung Kai Bank ran out (later reorganized into Hong Kong Base Bank, namely Fubon Bank (Hong Kong)). (later merged into Dao Heng Bank) and Industrial and Commercial Bank of China (later merged into Dah Sing Bank) were suddenly suspended and taken over by the government. Since Haito and Industrial and Commercial Bank were listed companies, their stocks disappeared overnight, which undermined confidence in the stock market.The aftermath of the incident led to banks such as K. Wah, Wing On, Youlian, and Hongnian changing hands or being merged in 9.

Due to worries about the future of Xiangjiang, a large amount of capital fled from Xiangjiang. In addition, since 1977, due to the excessive growth of money and credit, the trade deficit has expanded, inflation, the Hong Kong dollar exchange rate has continued to decline, and speculative activities have emerged. The rare wave of panic-buying goods further exacerbated the depreciation of the Hong Kong dollar.

In order to save Hong Kong's financial system, the British government invested a lot of money to rescue the market, which caused a great blow to the British economy.

When Bai Zirui thinks of the information about the future development of Xiangjiang that he has learned in later generations, his heart is full of excitement. Xiangjiang in the 80s is a good time for him to turn into a dragon and soar into the sky.

While he was thinking about his future plans, the commercial vehicle drove all the way to the rich people's gathering area in Xiangjiang—Mid-levels of Hong Kong Island.

Most of the rich people in Hong Kong live in Hong Kong Island. In the mid-levels of Hong Kong Island, Happy Valley, Repulse Bay in the southern district of Hong Kong Island, and Shek O are all places where rich people live. Many high-end buildings, mansions, and villas are concentrated here.

Mid-Levels is a wealthy residential area in Xiangjiang, located between the peak of Victoria Peak and Central.Due to its proximity to the core business district, convenient transportation, and wide vision, it has become the location of many of the world's most expensive high-end residences.

The commercial vehicle parked at the Lou family's mansion on Meidao in the mid-levels of Xiangjiang. Bai Zirui got out of the car and took a visual inspection. The building area of ​​this villa is about 446 square meters, the garden area is about 139 square meters, and there is a swimming pool in the outdoor garden.

This villa was sold by the Lou family taking advantage of the Sino-British negotiations this year, when a ghost was eager to return to the UK. The current worth of the Lou family is about 10 billion Hong Kong dollars, although it is not as good as those top wealthy families that have moved tens of billions. But it is also a moderately wealthy family, and it is more than enough to buy a luxury villa in the middle of the mountain.

After Bai Zirui and the others got off the car, they were at the entrance of the villa, and saw Lou Xiao'e's parents and elder brother waiting outside to greet them.

Lou Xiao'e's father, Lou Yuanshan, saw them from afar and said with a hearty smile, "Welcome old friends from the capital."

He Yuzhu went to Lou's house to have dinner and met him, and said with some embarrassment and respect: "Hi, Director Lou!"

Although Lou Yuanshan was a little dissatisfied with his precious daughter falling in love with a cook, but his grandchildren were all grown up, he could only accept the reality.

Looking at his well-behaved and cute grandson He Xiao, he said warmly to him: "Your name is He Yuzhu, right? I remember you came to my house to cook when I was in Beijing more than ten years ago."

He Yuzhu replied respectfully: "Yes, Director Lou, you have a really good memory!"

Lou Yuanshan said with emotion: "Things are different and people are different. I am no longer that Director Lou back then. We are all a family, so why should we be called Director Lou?"

Bai Zirui stood behind He Yuzhu, and put his hand on his waist. Although He Yuzhu was called silly Zhu, he was not stupid at all, and he immediately understood after Bai Zirui reminded him.

He said, "Dad!"

Lou Yuanshan replied with a serious face, "Yes!"

Seeing his expression, He Yuzhu's heart skipped a beat, and he was a little uneasy. He once had a child with his daughter Chunfeng, so he probably has the intention of killing people.

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(End of this chapter)