Technology company, I will become the light of China!
Chapter 574: Dragon Country's economic transformation, Chen Xing was taken away by the "An
After hanging up the phone with Lin Tian, Chen Xing, who was sitting in his office, looked at the computer screen. The numbers jumping on it were the real-time exchange rate of Longguo currency against the US dollar.
three years ago.
The exchange rate of U.S. dollar to Dragon dollar is 1 to 6.24.
But now, 1 US dollar can only be exchanged for 3.76 Longguo yuan, and the increase can be described as unprecedented.
Perhaps many people think that since they are in China and do not travel abroad or do foreign trade business, the exchange rate has nothing to do with them. However, this idea is wrong.
The rise and fall of exchange rates can directly reflect the current status of an economy.
For example, when developing countries participate in global trade, they will definitely export low-end industrial products or agricultural products, such as clothes, toys, wheat, corn, etc.
Then the problem is coming.
Can these goods be priced too high?
obviously.
The cheaper the better.
Because the cheaper it is, the greater the price advantage. Although the profit is small, it can still save foreign exchange reserves.
But if the exchange rate against the US dollar rises, it means that the price of the product in the international market will be relatively higher and the competitiveness will decrease.
For example, suppose you want to sell 50 tons of corn to a grain merchant in the United States, and the price per ton is 1800 Dragon Dollars. After conversion at a ratio of 1 to 6, the price is 300 US dollars per ton, so the other party will need to pay you 1.5 US dollars.
But if the Longguo currency rises to the current price of 3.76 yuan, the price of 50 tons of corn is still 1800 Longguo currency per ton, but the payment paid by foreign merchants will not be 1.5 US dollars, but 2.39 US dollars.
This clearly shows the impact of exchange rates on foreign trade.
Precisely because the exchange rate is extremely important, Longguo, as a low-end industrial producer, has always been suppressing its exchange rate.
Doesn’t the United States want the Dragon Dollar exchange rate to rise?
Do not!
They want it so much!
Once the Dragon Country currency appreciates, Dragon Country products will lose their “good quality and low price” appeal, and the United States can take back its market share.
It is precisely because the Dragon Country think tank saw through the other party's intentions and saw its own advantages that it has been actively suppressing its exchange rate.
The effect is also very significant. At its peak, the country's foreign exchange reserves were nearly 7 trillion US dollars, which is still public, equivalent to more than 40 trillion Dragon RMB.
But now the exchange rate has skyrocketed to 3.76, which shows that Longguo has not made strong intervention in foreign exchange. It also reveals a signal that Longguo needs to make economic transformation.
A country starts out as an agricultural country, then an industrial country, and then evolves into a financial country and a technological country.
Although agriculture and industry are the foundation, it is undeniable that neither of these two fields can make money as quickly as finance and technology.
A ton of corn costs 1800 yuan, a 240-gram mobile phone can be sold for 5000 yuan, and for another example, a bitcoin, which is intangible and has no anchor, costs 7000 yuan. You can imagine how profitable technology and finance are.
At present, the only country that can be called a financial and technological power is the "world's boss", the United States.
If Longguo wants to establish a new trade order, it must break away from being an industrial country and become a financial and technological power.
Chen Xing never touches foreign exchange or stocks, but he always pays attention to changes in the financial market, because this information is a channel for ordinary people and entrepreneurs to get a glimpse of the secrets. After all, he is just a private entrepreneur.
"It's 3.75, and the Dragon Country Currency is still rising. It seems that the top leaders are determined to use this momentum to completely complete the economic transformation."
While Chen Xing was thinking, a familiar cell phone ringtone suddenly rang.
He looked away from the computer screen and glanced at the phone on the desk.
"Mayor Zhang?"
Seeing the name in the note, Chen Xing quickly picked up the phone and answered, "The mayor called me. Is there any important instruction?"
Mayor Zhang on the other end of the phone didn't beat around the bush and said bluntly: "Since Mr. Chen is so straightforward, I'll be frank. Shenzhen plans to invest 1.5 trillion yuan to build a global science and technology city."
"We are very satisfied with the whole house smart display you showed at the Bird's Nest. Do you want us to cooperate and set up a pilot area? Let your Longxing Group do the design and planning. Money is not a problem. The main thing is to reflect the sense of technology."
Money is not a problem, these five words are so valuable.
Chen Xing had already gotten the hint from the exchange rate. Now Shenzhen was planning to develop itself into a science and technology city. This was a once-in-a-lifetime opportunity.
The imperial capital should not be overdeveloped.
Modu is an economic city.
Guangzhou is a city with low consumption.
The first three cities cannot make drastic changes. Take the slums in the imperial capital and the urban villages in Guangzhou for example. The amount of money needed to demolish them all would be an astronomical figure!
At present, only Shenzhen has not yet been finalized. It is just a special economic zone, and almost everything that needs to be demolished in Shenzhen has been demolished. There is enough space to build a city of science and technology.
"If the budget is sufficient, I do have a new technology."
"What new technology?"
"Extremely long-range wireless charging."
Mayor Zhang was stunned for half a second, then asked uncertainly: "Ultra-large-range wireless charging? You don't want to cover the entire city of Shenzhen, do you?"
He also watched the "Longxing Annual Technology Exhibition". Chen Xing mentioned wireless charging at the end, but did not focus on it.
I originally thought it was a small range, but I didn’t expect that Longxing Group could achieve large-scale wireless charging, which gave Mayor Zhang a surprise.
"Yes."
Chen Xing nodded in response and continued, "Once the wireless charging city matrix is completed, I can guarantee that Shenzhen will definitely become a technological city."
"this…"
Mayor Zhang was a little hesitant.
The electricity bill alone for a wireless charging matrix covering the entire city would be an astronomical figure. Is it really cost-effective?
While he was thinking, Chen Xing said, "The city of science and technology is its business card. If it boosts the tourism industry, Shenzhen may replace Shanghai and become the first stop for foreign tourists."
Internationally, among the four super first-tier cities of Beijing, Shanghai, Guangzhou and Shenzhen, only Beijing and Shanghai are well-known, while few foreigners know about Guangzhou and Shenzhen.
Needless to say, the north is the capital.
In terms of the above, it is the most prosperous and glamorous city. It is also the preferred city for foreigners to settle down and foreign companies, and it is also a tourist phenomenon-level city.
There is no shortage of tourists in Shanghai, and this is no joke.
“Then let’s find a date and sit down and talk?” Mayor Zhang was tempted. He also wanted to make Shenzhen a tourist city with a science and technology theme.
"I have time for everything."
Chen Xing responded.
"What about the night after tomorrow? It's the weekend, so getting drunk won't affect my work."
"Row."
"Then I'll send you the address then, and we'll sit down and talk it over."
"no problem."
The two reached a preliminary consensus and then hung up the phone.
Chen Xing put his phone down and looked back at the computer screen.
Just when he had a few words with the leaders of Shenzhen City, the exchange rate of Longguo Currency rose by another 0.09. The current exchange rate against the US dollar has reached 3.67. This made Chen Xing fall into deep thought, thinking about the next layout.
……
As the night deepens, when the people of Longguo are sleeping, many short video bloggers find it difficult to fall asleep.
Why is it difficult to fall asleep?
Not because of insomnia, but for profit!
These bloggers did not expect that the overseas sponsor would be so generous this time and actually offered a price of 50 Dragon Dollars for each video.
In order to make the money, they began to analyze the pros and cons of Longxing Group's acquisition of Hanxing Group from an "objective perspective" based on the materials provided by the sponsor.
Among these bloggers, "Paperclip", who has tens of millions of fans on the entire network, was the fastest, publishing a 16-minute complete anatomy video at four in the morning.
At the beginning of the video, the blogger first introduced how Longxing Group rose and how many benefits its rise brought to the country.
It seems like praise, but as the video progresses, it starts to taste a little off.
"After the failed attempt to acquire Toyota Group, the forced dismantling and mass layoffs of Toyota Group workers, where will Longxing Group go? Where will Chen Xing plan his strategy?"
This seemingly casual remark was accompanied by a picture of unemployed Toyota Group workers, which seemed to expose Chen Xing's "crimes".
"Boom-"
The video screen switched, and six big words "Acquire Hanxing Group" appeared on the screen.
"According to the latest public news, Lee Jae-yong, the former chairman of Hanxing Group, stated on his multiple public platform accounts that he has transferred all of his shares in Hanxing Group to Chen Xing." "As we all know, more than 90% of Hanxing Group's shares are controlled by Wall Street, but the Lee family controls the entire Hanxing Group with a unique equity structure and private agreements."
"That is to say, Chen Xing has officially acquired Hanxing Group and does not have the difficulties encountered by Toyota Group."
"As one of the world's three largest mobile phone manufacturers, Hanxing Group is expected to exit the stage of history soon."
"In today's mobile phone industry, Longxing Group accounts for 74% of the market share. Perhaps in the future, Apple will also fall. We may witness a super giant that monopolizes the mobile phone communication field, and it will be born in Longguo!"
When the last second of the video was played, there were already quite a few comments in the comment section.
At first, fans didn’t notice anything wrong, they all thought it was just a video praising Longxing Group.
But with the deployment of a large number of water armies, many fans began to realize something.
[Chibi Maruko]: "First, he acquired Toyota Group, and then acquired Hanxing Group. What exactly does Chen Xing want to do?"
[一刀砍砍]: "Mr. Chen is going international, with a series of acquisitions, it feels like the next step will be Apple!"
[Xiao Fang doesn't like to eat meat]: "Am I the only one who discovered something that is extremely scary? That is, Longxing Group is about to complete its monopoly in the mobile phone industry!"
Read more latest popular novels at 6.9*shuba!
[玉兰不难]: "I don't know if I should say this or not, but I feel like Chen Xing wants to be an oligarch and a chaebol, because Longxing Group is involved in so many fields that even the communications field is firmly controlled by him."
[Invincible Xiaojie]: "Plutocrat oligarchs? Will the dragon slayer eventually become a dragon?"
As the internet trolls were deployed, a large number of second- and third-rate marketing accounts also got a taste of the “dog food”, and a large number of posts “praising” the rapid development of Longxing Group suddenly appeared on the Internet.
It seems like praise, but in fact it is a reminder, because these posts all mention words such as chaebol, oligarch, and monopoly.
The gun is easy to hide, and the dark arrow is hard to prevent.
Many people who read the post and the video made by the blogger felt that Longxing Group was developing too rapidly and had already exceeded the scope of a private enterprise.
In addition to the online wars, letters of complaint requesting antitrust investigations were also sent to the mailboxes of relevant departments.
Over the past two days, discussions online about whether Longxing Group has a monopoly have intensified.
One party believes that there is no monopoly.
Longxing Group has never abused its market dominance and has always been open to Longguo enterprises purchasing chips and using related technologies.
One party believes that a monopoly has been formed.
They believe that the prices of Longxing Group's products are too low, such as Longxing X4 and Wing Loong flying car, and they are using their own technology to suppress the survival space of their peers.
As a high-intensity surfer, Chen Xing naturally saw the public opinion on the Internet, but he did not come out to explain.
He also had to admit that Longxing Group was indeed testing the edge of monopoly.
but!
It is not his intention to walk on the edge of monopoly, but to squeeze the living space of foreign companies.
As for domestic enterprises?
Whether it is Thunder battery, Star Flash fast charging, Tianxuan operating system, or Fuxi chip and Kaitian chip, he clearly marked the price and gave them to friendly competitors for use.
Using market dominance to create monopoly?
Strictly speaking, Chen Xing really doesn’t!
He just doesn't supply it to Apple and the former Hanxing Group, but he didn't say he won't supply it to domestic companies such as Kunpeng and Dami.
"Plutocrats, oligarchs, monopolies, these self-media are trying to flatter me to death."
Chen Xing shook his head helplessly.
Just at this moment, there was a knock on the office door. It was the secretary who came to inform me that it was time for a dinner with the mayor of Shenzhen.
After checking the time, Chen Xing didn't care about the online reputation and walked straight to the parking lot.
As a full-time driver and bodyguard, Zhao Siqiu had already warmed up the car and was waiting.
"Shenzhen Star Hotel?"
Zhao Siqiu asked.
"Yeah." Chen Xing nodded.
After confirmation, the vehicle starts.
However, as soon as they left the Sakata base, two Audi A6s quietly followed.
Zhao Siqiu, who was driving the car, noticed something was wrong and said to Chen Xing, "There are two Audis following us."
"So arrogant in broad daylight?"
Chen Xing frowned.
In the blink of an eye, two pickup trucks and a police armored vehicle suddenly appeared at the intersection ahead, blocking the road. The one in the front was even armed and made a stop gesture.
“Is this the armed police blocking the road?”
Zhao Siqiu was confused.
Suddenly, Chen Xing thought of something, took out his cell phone and was about to make a call, but found that there was no signal at all.
"Do you want…"
Zhao Siqiu looked towards the co-pilot storage box. Before she could finish, Chen Xing shook his head and said, "Let's listen to what they say first."
After forcing Chen Xing to stop his car, someone came forward and said, "Hello, Mr. Chen, we are from the Antitrust Investigation Bureau. Longxing Group is suspected of abusing its dominant market position and monopolizing technology and prices on other companies. We need you to come in person and cooperate with our investigation."
“This is my ID.”
“Here are the relevant documents.”
The car window was not fully open, so the plainclothes man stuffed the documents into the car.
After checking, Chen Xing and Zhao Siqiu both confirmed each other's identity, but the latter did not intend to hand over Chen Xing. He closed the window and said, "Although the investigation documents are real, let's get out first."
"No!"
Chen Xing shook his head and said in a deep voice, "If I run away, I won't be able to explain myself. Besides, the other party is obviously well prepared. I will go with them. When you go back, contact your father and ask him what happened."
"What if there's danger?"
Zhao Siqiu was still worried.
"In our country, and in Shenzhen, if we make such a fuss, the higher-ups can't be unaware of it. Don't worry, I'll be back soon."
Being able to block the road and shield strong interference signals, Chen Xing already had a rough guess in his mind.
He opened the car door, got out of the car, handed the ID back to the man and said, "Let's go."
"this way please."
The other party made a gesture of invitation.
Seeing this, Zhao Siqiu did not act impulsively, but turned around and drove back. The two Audi A6s behind her ignored her. Their only target was Chen Xing.
The two men passed the combination of vehicles blocking the road, and found a Coaster hidden behind it. The man opened the door and motioned Chen Xing to get in.
As Chen Xing walked onto the Coaster, his tense expression suddenly relaxed, and he blurted out, "Old Chief, why are you here?"
"I didn't expect it?"
Wang Shan laughed.
Before Chen Xing could speak, Zhao Chenguang next to Wang Shan also spoke up: "How was it? Was our carefully planned arrest operation exciting?"
"Chief Zhao is here too."
Chen Xing finally came to his senses. He was just wondering who had such great power to come to Shenzhen to investigate his monopoly.
It was precisely because the other party was so powerful that Chen Xing dared to get out of the car and keep the appointment. After all, he was a trillion-dollar CEO, and it was unrealistic to take him down all at once. At most, he could just knock him down a few times.
Wang Shan and Zhao Chenguang did this to kindly remind Chen Xing and point out the red line area of market monopoly.
Seeing Chen Xing still standing there, Zhao Chenguang urged, "Don't stand there stupidly. Come and sit down. I'll take you to a good place."
"it is good."
Chen Xing responded and quickly went to sit down in the seat opposite them.
(End of this chapter)
You'll Also Like
-
From a son-in-law to a favorite of the empress
Chapter 1313 8 hours ago -
Choose three out of ten at the beginning, summon ten gods to dominate the other world
Chapter 533 8 hours ago -
Learn a magical skill every year, and start with Xiao Li Fei Dao
Chapter 209 8 hours ago -
Honghuang: People in Jiejiao become stronger by adding friends
Chapter 467 8 hours ago -
Marvel: Traveling through time with Warcraft skills
Chapter 118 8 hours ago -
After Entering the Book, She Became Rich in the 1980s
Chapter 441 18 hours ago -
My singer girlfriend is super fierce
Chapter 1294 20 hours ago -
After waking up from a thousand years of sleep, the 749 Bureau came to the door
Chapter 130 20 hours ago -
Three Kingdoms: Plundering Entries, From Merchants to Emperors
Chapter 79 1 days ago -
Bad man, the system crashed.
Chapter 349 1 days ago