Return to the exciting era of 1999

Chapter 2188 Playing Cheating Openly
“Is there no economy in East Asia that will resist except us this time?”

Ji Donglai and his team met again at an internal meeting. Xin Li and her team were surprised at Ji Donglai's quick response. This restriction would do more good than harm to Yiyuan Zhizao.

At least a few people have dollars in their hands that they can no longer spend. Some executives of the company are now keeping dollars in their hands, which effectively guarantees the liquidity of Yiyuan Intelligent Manufacturing. In Central Asia alone, the current payments are sufficient.

"Japan still has the strength to fight, but it will soon surrender. Do you know Abenomics?"

After taking a sip of the tea, Ji Donglai's eyes showed complex emotions.

Ji Donglai admired Abe for eliminating the ethnic conflicts. The other party followed suit and gave Japan's national debt a price through innovative financial policies. Now Japan's national debt is very valuable in the Southeast Asian market, comparable to US debt.

Quantitative easing, issuing more money, buying Japanese government bonds, and then taking these Japanese government bonds to countries like Thailand and Vietnam as collateral to serve as the basis for these countries to issue money, to hedge against the increase in issuance.

These additional loans were given to Japanese companies investing in these countries. The currency accomplished three things. The most important one was the binding of the yen with the entire Southeast Asian currency through Japanese government bonds.

So it seems that the exchange rate between the Japanese yen and the US dollar is closely tied. In fact, since Abe played this trick, the liquidity of the US dollar has had little impact on the Japanese yen.

"It seems that although this guy has declined in health, his influence is still there, and his influence in his country is still not small. In this way, apart from our RMB, the Japanese yen should be the most stable in the whole of Asia!"

Among the three major economies in East Asia, the Korean won, needless to say, has completely gone bankrupt since 1998 and is now just a vassal.

Several people looked at Jiang Haokun with guilt. His family was in finance, so they were very sure about this.

"Lincoln, Kennedy, Reagan, they dared to kill, they were so cruel to their own people, an Asian would be no problem for them. Now we have enough physical assets, we don't have to worry about them, at worst we can just sell off the assets and exchange them for natural resources."

"Raising interest rates for a cycle will cause a lot of high-quality companies to go bankrupt, and then they will come back to reap the profits. We just need to follow suit and take advantage of it, but don't become the main force and avoid a miserable death!"

Looking back at the entire economic cycle after World War II, Ji Donglai secretly thought that this group of people were very calculating.

Fortunately, China has begun to break the curse and vigorously promote new energy. Its dependence on oil energy has gradually decreased and will be even smaller in the future. Once Ji Donglai's Ladder Plan is completed and combined with the wave cracking renewable energy plan, oil will almost be eradicated in China.

"Boss Ji, Saudi Arabia is calling!"

Ran Bo whispered a few words into Ji Donglai's ear, and Ji Donglai said goodbye to a few people and went offline.

This time, it was the Crown Prince who personally sent a video to Ji Donglai. Looking at his old friend, Ji Donglai waved his hand and greeted him familiarly.

"Ji, my friend said you are building a very grand project. What is it for?"

The Crown Prince switched to the satellite page as he spoke. It was the satellite cloud map of the energy base on the Afghan side under Ji Donglai's feet. Every building was clearly shown on it, including the busy mine carts and the huge circular canal. The entire base was particularly prominent in the valley, especially the blue color of the canal, which was particularly obvious in the entire picture.

Now, engineers from Yiyuan Intelligent Manufacturing are laying solar panels on the water surface. Once completed, these huge canals will no longer be seen in the entire space.

Solar panels effectively block direct sunlight, reduce evaporation of water in canals, and save huge amounts of space.

"Mr. Crown Prince, this is our energy project, pumped hydroelectric power. During the peak period of electricity production, we pump water to the ground, and then build a large internal leakage generator directly underground."

"When electricity consumption is at its peak, the water is put directly into the ground to drive the turbines to generate electricity. You can see that we are building large solar arrays here and farms are being built around us."

"After the whole project is completed, it will become a huge desert oasis. We have built a 2,000-mu grain planting area around it, and the wheat straw can be used to feed livestock. Fish can be raised in the canal. During the peak period of electricity consumption, we catch fish and release water. During normal times, we bring water up."

"Do you need this industry over there? If so, we can help build it. It's not difficult, but the workload is very large."

As expected, some financial groups in the world have begun to keep a close eye on Yiyuan Zhizao's every move, especially since Ji Donglai is now restricted by European and American countries.

As we all know, the United States never restricts Chinese companies that only know how to make money.

Only those high-tech companies will be restricted by the United States to avoid competing with each other's high-tech companies. This time, Salman's men did not see the real trick of what Ji Donglai did.

"What is this huge tower in the middle used for? It's comparable to the Burj Khalifa in Dubai. Is it also for storing water?" Pointing at the profile of the metal tower in the picture, little Salman stared at Ji Donglai's picture.

"It's not finished yet. We have already built one in Qatar, which is not as big as this one. The effect is very good. Mr. Crown Prince, you will also go to the Qatar World Cup and you can watch it on site."

"According to our agreement, once they have finished using it, they will build a second one, but we couldn't help but do it first. The deep well here is still being processed, and the construction machinery has not yet arrived. If it arrives, we will also carry out the corresponding construction."

"It's a pity that there is no water source here. We can only extract groundwater. If we can get closer to the sea, desalinate seawater, and build a canal, the scene here will definitely be different..."

Ji Donglai is a professional at lying. He will not reveal a single word to anyone, not even his partners, until the entire project is completed.

China is not the United States, where there are eight aircraft carrier battle groups.

During the entire World War II, Britain was crushed and a large amount of assets were seized.

Chinese companies can only disclose many things they do after they succeed, otherwise they are likely to be intercepted, such as the domestic 5G project.

"Can our Jida build this project? There are floods there every year, Ji, you know. Every year when the floods break out, many people are hurt. If you can help us convert this part of the flood into energy and change the city, we will be very happy."

“Also, we hope you can bring our country’s outstanding young people to work on this project, just like your new city in Qatar. Our young people need to have enough opportunities to build the country!”

Every time a flood breaks out in Jida, it causes great harm to the city residents. In 2016, hundreds of people died and the loss was hundreds of millions of dollars. Saudi Arabia has a total population of only million.

Local residents account for less than half of the population and are mainly concentrated in a few large cities.

As an important oil base and port, Jida is located in a very important position. In recent years, various construction projects have failed to meet the requirements of the Saudis.

Ever since he saw the energy-saving new city in Qatar built by Ji Donglai, a scaled-down and streamlined project being built in Afghanistan, young Salman was attracted.

The country spends so much money to make those young people happy. A large number of social elites go to Europe to study, and then come back to sit in the office and look at spreadsheets without any practical ability. This is terrible.

The Romans back then were an example. All kinds of people were mercenaries, and eventually Rome was destroyed overnight.

The royal family and the common people are both in opposition and unity. They cannot let these people control the army, nor can they let them sit idle. Several small families in the country are doing corresponding construction work, but these young people don't like to go because it's tiring.

Local companies are also reluctant to hire local young people, just like Chinese BJ companies don't like to hire BJ locals because they can't afford the service.

The world is changing, and young Salman has begun to wake up. The young people in his country can no longer be so lazy. If oil completely disappears from the stage of history, Saudi Arabia can no longer afford to maintain the status quo.

If there really comes a day when Saudi Arabian youth will go abroad to earn money to spend at home like youths from other countries, Prince Mohammed is skeptical.

"Yes, but we need to continue to investigate the specific construction. We need to make appropriate changes to the employment ratio this time. Our funds are tight recently. As you know, we have been sanctioned, so we can't pay in advance. You can only pay first, and then we will do other transactions to transfer the funds back to China."

"Or you can give us oil or something else, we need to discuss it first. Also, what effect do you want to achieve? Do you want us to design it ourselves or do you give us some requirements?"

Ji Donglai likes seasonal floods very much. A lot of things can be done with the collected water, such as building large ranches, energy storage power stations, aquaculture and water supply companies locally.

"We will build a 200-kilometer canal from Jida to the heart of the desert. Our farmers will transport grain out from there, and then all kinds of goods will be transported in. We will build some towns along the canal to gather more people."

"We need the engineers who built the Afghan project for you to design this project. Ji, I know you are hiding something from me. We are good friends and we shouldn't hide things from each other like this. You are short of dollars, and we have dollars."

"You can come to us for anything you can't do, as long as you have a suitable plan to share. Ji, I feel that you are planning something big, but if you don't want to say it, I will continue to wait. No matter what you do, we can invest in it. Don't doubt my words."

Ji Donglai refused to tell little Salman the content, so the other party had to give up.

But the other party must build this short canal. The important city of Jida has a simple canal that cannot meet some transportation needs at all, not to mention that this is the wealthy Saudi Arabia.

(End of this chapter)