The passionate years starting from the college entrance examination

There were no good fruits in the midsummer of 1985, and the time passed by Chen Guohua in the blink of an eye.

His eldest grandson Chen Ce will be in the second grade in September this year. Time flies so fast.

My eldest grandson is only six years old and is already in the second grade.

In fact, if it weren’t for Chen Guohua’s pressure, the little guy would have no problem going directly to the fourth or fifth grade.

The main reason was that Chen Wei and Tao Zi, the two parents, had quite high expectations of him, because the younger child, Chen Zhongshou, was very well taken care of by Chen Gonglu and Yun Wanshang, and Chen Wei and his wife basically did not need to worry about him.

Fortunately, they did not move out to live on their own, otherwise, it would be troublesome enough to take care of these two children every day.

After September, Chen Guohua watched his eldest grandson walk into the elementary school campus, and then took a bus back to Zhenhua Research Institute.

Today is the new product launch conference of Sinovac Biotech, which was held before that of Apple and China Resources. This year there is only one protagonist, and that is Sinovac Biotech.

Before the afternoon, tens of thousands of people had gathered near Sinovac Biotech, including media reporters, supplier representatives, competitor representatives, and other people from all walks of life.

The Bullet Building had just begun construction at this time, so it was naturally impossible to use it for a press conference.

Of course, Sinovac did not find a place for the press conference on short notice, but had prepared it early on.

Even though the company is located near his home, Chen Guohua has no intention of attending the press conference in person, but instead watches it through the live broadcast.

The press conference started on time at 2 pm.

Qi Jikang, the person in charge, personally went on stage to explain smartphones to everyone.

"Welcome everyone to attend our first new product launch conference of Sinovac. I believe our products will not disappoint you."

After a brief greeting, Qi Jikang went straight to the point without any nonsense.

The first mobile phone released by Sinovac was a smartphone with a keyboard, which was defined as a copycat version of the smartphone.

In 1985, all kinds of mobile phones emerged one after another. As a disruptor who had just entered the mobile phone market, Sinovac did not immediately come up with a groundbreaking mobile phone product.

A smart phone with a keyboard is actually a very good transitional product.

When everyone is still accustomed to using mobile phones with external keyboards, launching such a smartphone is a priority. It is like a Nokia keyboard smartphone in the original time and space.

Just this smartphone with a keyboard has several different versions, such as the sliding business series and the nine-square series that young people love most.

Almost as soon as everyone saw the pictures of these mobile phones, the entire press conference was filled with the croaking of frogs.

Because no one expected that Sinovac, a company that was established not long ago, would come up with so many products at once, and they all looked very good.

If you think about it carefully, Sinovac dared to hold a press conference at this time in September. Even if it was a few days earlier than Apple and China Resources, it was still quite impressive.

Choosing September to release new products is definitely to challenge Apple and China Resources, there is absolutely no doubt about that.

After several versions of smartphones with keyboards were launched, prices were also announced.

The domestic price is between RMB 1,399 and RMB 1,999, while the overseas price is between US$999 and US$1,299.

There is a huge difference in the prices of mobile phones at home and abroad, and the targeting is quite strong.

why?
It may be that Sinovac is self-aware and believes that it cannot beat Apple and China Resources in the overseas market, so it has no intention of giving in on price.

Little do people know that this is related to product positioning. What Sinovac wants to do is to set the industry standard and enter the high-end mobile phone market, not anything else.

Even a smartphone with a keyboard is still a smartphone.

As for more epoch-making products, we need to wait a little longer until the market has fully developed.

In addition to keyboard smartphones, Sinovac's new products include smart tablets and laptops. These are the electronic products of the future and the market is very large. There is no reason not to make money from them.

Looking at the products claiming to be ultra-thin tablets and ultra-thin notebooks, Qi Jikang, head of Sinovac, directly announced a comparison chart on the large screen behind him.

The two most noteworthy competitors in the market at present are naturally China Resources and Apple.

The product comparison charts of the three companies came out, and everyone could see it very clearly, and there were exclamations at the scene again.

Many journalists have already prepared headlines: The wolf is coming! Sinovac's products are incredible!
Sinovac's new product launch was a complete declaration of war against Apple and China Resources, but what was surprising was that there was a huge difference in the prices of Sinovac's products.

Of course, if we just talk about product quality, it is still far ahead of Apple and China Resources.

In terms of mobile phone screen resolution, mobile phone lens pixels, entertainment, etc., Sinovac's products are all superior.

However, no matter how good a product is, it has to be liked by the market, otherwise, it will be useless.

It is obvious that the market likes Sinovac's products very much, but the domestic market is still a little lacking because there are too few rich people.

Buying a mobile phone for more than a thousand yuan is still very expensive for people in this era.

Not everyone works at Zhenhua Research Institute. At the very least, they work in formal units or private enterprises with good performance. But in this era, out of the country's one billion people, at least 800 million are farmers.

It’s not that we look down on farmers, but farmers are just growing crops and they really don’t make much money in a year.

Domestic sales are average, but it’s a different story overseas.

Sinovac did not rely on China Resources' channels, but instead worked directly with agents to sell its products globally.

The so-called agents are actually just white glove companies.

This is when the important role of white glove companies is reflected. It can be said to be a perfect sales channel.

Seeing that Sinovac, a mainland-based company, was actually selling its products globally, the first company to get nervous was not Apple or other companies, but IBM.

Why IBM?

Because the entire electronic products market is not very large, the North American market is already dominated by two giants, China Resources and Apple, which have squeezed the entire market into a very flat state.

IBM's product market share is very, very low, and they have only survived to this day by relying on large orders from government departments.

If it weren't for Apple, IBM could actually live a very comfortable life relying on big orders from government departments.

And now, with the entry of Sinovac, the entire market pie should be a little bigger, but not much bigger.

It just so happens that all these extra markets belong to Sinovac, and IBM's market share has been eroded bit by bit.

In addition to IBM, there are several other mobile phone companies around the world whose market share has also been squeezed.

At this point in time, Apple and China Resources also released new products.

However, although the new products of these two companies are quite good, they are not as eye-catching as those of Sinovac.

And the most noteworthy point is not the product itself, but the fact that China Resources Company actually cancelled the agent model and directly chose the large-region agency cooperation model.

Previously, agents from all over the world could come to China Resources for cooperation and sell its products globally.

Now this rule, which has been in place for more than 20 years, has been directly abolished and replaced by a large-region agency model.

That is to say, in different regions such as North America, Europe, Tokyo, Southeast Asia, etc., they only selected one or two agents and gave all the profits to them.

This move is actually aimed at agents such as Loft Technology Company. Don’t they want to be acquired?
That's good, don't take this part of the profit.

After forcing the palace in this way and directly cutting off the cooperative relationship, Chen Guohua also hopes that these agents can cheer up and contribute to the future electronic products market.

The prosperity of the global electronic products market still requires these agents to add icing on the cake.

For example, Loft Technology Company has been the agent for China Resources' products for so many years that it has accumulated a certain amount of capital and possesses a lot of technology and funds.

Under such circumstances, they will inevitably enter the electronic products market directly without being secretive as before.

As the saying goes, when the waves wash away the sand, only those who remain will be the king.

When companies like Loft Technology enter the electronic products market, they will definitely find in despair that Sinovac, China Resources and Apple have already gone a long way in the field of smart products.

These companies can either only pick up leftovers or be eliminated.

But that’s all in the past. Today’s global electronics market has undergone drastic changes.

Especially after the new product launch in September, Apple and China Resources have become supporting roles, with Sinovac becoming the protagonist.

Smartphones with keyboards became the darling of the market and became the most popular mobile phone in the world.

At this time, Chen Guohua was no longer paying attention to the changes in the mobile phone market, but was focusing on the news in New York.

When he learned from Song Xuyan that Tokyo Finance Minister Noboru Takeshita and Federal German Finance Minister Gerhard Stoddenburg had arrived in New York at the same time, he immediately breathed a sigh of relief.

History has not been changed, and James Baker of North America still needs to adjust the dollar downward in an orderly manner.

In the White House office, Jeremiah Caldwell, who was in charge of the purse strings, was staring at James Baker with an unfriendly look on his face.

The latter stole his limelight because nowadays a new emperor appoints new ministers.

Although the current squad leader is Ronald Wilson, he is still lying in the hospital and has no way to exercise his power as squad leader.

So the person who really holds power is Herbert Walker.

This is where Herbert Walker's cleverness lies. He discussed it with David Rockefeller and others, so he did not let Ronald Wilson die directly.

Letting Ronald Wilson lie in the hospital in the name of squad leader and letting Herbert Walker exercise the power of squad leader in the name of deputy squad leader will be of great help to his future.

In other words, North America at that time had a flavor of the feudal era when two emperors changed their ways overnight, such as Li Shimin and Li Yuan, and Jiaqing and Qianlong.

After Herbert Walker truly took control of the power in the White House, he naturally had to use his confidant James Baker.

Although Herbert Walker is not a true member of the Elephant, and he is not even a donkey, his major financial backer is the Rockefeller family, so he must be a member of the Elephant.

But Ronald Wilson is a donkey, and the Jeremiah Caldwell he chose is a donkey.

Elephants and donkeys don't get along by nature, so it is even more necessary to balance these relationships at this time.

So Jeremiah Caldwell had no choice but to step down and let James Baker become the real Secretary of the Treasury, with the former being the deputy.

However, killing someone destroys their soul.

Even though Jeremiah Caldwell, the deputy, was very capable, Herbert Walker was reluctant to let him go, so he still let him participate in daily meetings.

On the other side of the TV screen, James Baker was having dinner and chatting with Noboru Takeshita, Gerhard Stoddenburg and others, but it was actually just a meeting.

Nigel Lawson of Great Britain who attended the meeting never expected that Takeshita Noboru would be so proactive.
The hottest word on the North American Internet recently: dog licker!

This word is the most appropriate to describe Takeshita Noboru at this time.

Noboru Takeshita actually took the initiative to propose to help North America escape from the current economic downturn, help the dollar to decline in an orderly manner, and improve the competitiveness of North American export products.

After these words were spoken, James Baker, Nigel Lawson, Pierre Begber and others were all dumbfounded.

Since the other party was so proactive, the Plaza Accord was of course signed very quickly.

Seeing James Baker earn such a great credit so easily, Jeremiah Caldwell, who was sitting in the White House office, felt his heart bleeding.

But there is nothing we can do about it.

Who can blame Herbert Walker for being behind him?

To be more precise, if it weren't for David Rockefeller's approval and Herbert Walker's promotion, James Baker would never have been able to replace Jeremiah Caldwell.

hate it!

Unfortunately, Ronald Wilson is still lying in the hospital, and there is no way to come forward to seek justice for him.

"Okay, the agreement has been signed. The economy in North America will surely get better in the future."

Herbert Walker asked someone to turn off the TV, and then changed the subject and directly mentioned Sinovac's products.

It is now September, and Sinovac's products have already made their mark in the North American market, or to be more precise, in the global market, and are showing signs of being invincible.

This is a mainland enterprise. If we don’t suppress it now, when will we suppress it?
Therefore, imposing tariffs is the simplest and most brutal means, but this tactic is like killing one thousand enemies and injuring two thousand of your own.

why?
Because there are more North American companies in the mainland, if tariffs are imposed at this time, the mainland will also imitate North America's approach, and then the North American companies will definitely suffer.

“I don’t think they would dare to impose tariffs!”

At this time, Jeremiah Caldwell expressed his opinion:

"Since 1978, the mainland has implemented the policy of reform and opening up. This is the basic principle over there."

"Also, up to now, the mainland's economy has achieved not-so-good results. If tariffs are imposed on our North American companies at this time, it will undoubtedly be a slap in the face."

"If this happens, the economic development speed of their mainland will definitely be put on hold, which is definitely not what they want to see."

"They are not qualified enough to compete with us in these!"

When Jeremiah Caldwell said the last sentence, he looked disdainful. He did not regard the mainland economy as a rival at all and was very confident.

Of course, he also has such confidence. After all, North America's economy is the world's number one, and it is the number one by a cliff.

In the history of the original time and space, North America's GDP in 1985 was 4.34 trillion US dollars. The second place was Tokyo, whose GDP was only 1.43 trillion US dollars.

As for the Federal Republic of Germany, which ranks third, it only has 0.7325 trillion US dollars.

However, in this time and space, North America's GDP reached 6.8 trillion US dollars, which is 2.46 trillion US dollars higher than the original time and space.

Tokyo and the Federal Republic of Germany also increased significantly during this time and space, reaching a staggering 3.9 trillion US dollars and 3.2 trillion US dollars respectively.

The reason for this is very simple. The promotion of white glove companies such as China Resources and Apple has accelerated the process of global trade.

White glove companies spread all over the world are one of the main driving forces behind this.

Otherwise, relying solely on the global economy of the original time and space, it would be impossible for Chen Guohua to plunder hundreds of billions of dollars in the past few years.

It is even more impossible for the mainland to maintain its continuous output in aerospace and other scientific and technological fields over the past years.

Whether it is aerospace, intercontinental missiles, or nuclear submarines and other weapons, these all require huge financial support.

In other words, the aircraft carrier cannot be hidden, otherwise the mainland would have to take out the aircraft carrier.

There is no need to rush now. The military strength currently displayed is enough to deter those ghosts and monsters.

Even so, the total economic output of North America alone is still equivalent to that of two Tokyos.

And what kind of existence is Tokyo?
Look at the Internet in Tokyo, they have been clamoring to buy the entire Eagle Sauce.

From this we can see how impressive Tokyo's economic development is.

After listening to Jeremiah Caldwell's words, Herbert Walker, Ralph Ferrante, Sergey Carpenter, Ryan Cooper and others nodded or pondered.

Although everyone doesn’t like Jeremiah Caldwell very much, it should be said that this man has very insightful opinions.

A hit!

But does the mainland really not dare to increase tariffs?

What if?
"I think imposing tariffs is too crude and simplistic, and it is directly against the mainland, and it is not appropriate to test the other side in this way. It is better to try other means."

At this moment, Ralph Ferrante, who had been thinking for a while, suddenly spoke up and expressed a different opinion.

Technological blockade and dollar strategy!
When this suggestion came out, everyone rolled their eyes.

What a shitty technological blockade! Is there any need to question China Resources’ technological strength?

What we are talking about now is how to sanction Sinovac and prevent it from growing, rather than engaging in confrontation and opposition.

The matter has been exaggerated in an instant, and the scope of impact is too wide, isn't it?

China Resources' products have been selling well all over the world for so many years, haven't they been sold in North America?
That’s because many companies in North America are sucking blood from China Resources and taking away part of its profits.

Now that China Resources has turned the table, it is time to sanction Sinovac and China Resources. It can even be said that imposing sanctions on Sinovac is just a side issue and is actually just a countermeasure by North America.

Herbert Walker remained silent upon hearing this.

IBM has been suppressed by China Resources for so many years, and now with Sinovac, if it does not save itself, it will really have to file for bankruptcy.

Faced with the aggressive attack by Sinovac, Apple remained calm and showed no sign of panic. But why?

Is Apple confident or overconfident?
But no matter what, Herbert Walker couldn't remain calm when faced with the products of China Resources and Sinovac that were rampaging into the North American market.

So, he had to resort to some tricks.

However, not long after they finished their discussion, Richard Milhouse called.

Herbert Walker was speechless: Why the hell are you, a retired old man, joining in the fun?
Before Herbert Walker could react, Gerald Rudolph, James Carter and others all called.

The meaning is very clear. If you, Herbert Walker, dare to deal with the products of China Resources and Sinovac, don't blame them for being rude.

Before the call was hung up, Herbert Walker was already shaking with anger.

"Fuck, fuck, this is really fucking terrifying. Oh my God, are these people so bold that they dare to threaten me like this?"

But after calming down, Herbert Walker quickly figured out one thing: this was definitely caused by the large regional agents who had mobilized Richard Millhouse and his connections.

Although Richard Milhouse and others are no longer squad leaders, they are just retired old men.

However, Herbert Walker does not underestimate their energy.

Even if they are retired old men, they have connections in the political and business circles in North America.

I just don’t know how much money these retired old men have received to make them so shameless.

In the capital, after listening to Song Xuyan's words, Chen Guohua realized that North America was so restless.

Fortunately, he made arrangements in advance, allowing the white glove companies to take deep root in the local area, making money in the local area while spending money to buy peace, thus avoiding many conflicts.

Especially for the current mainland economy, any changes in the external environment are quite tricky.

For example, the Plaza Accord and the depreciation of the US dollar have obviously brought more benefits than disadvantages to the mainland.

If the US dollar depreciates, the RMB exchange rate can continue to remain at a low level, which can make mainland export products more price-competitive and help improve export competitiveness.

In addition, the investment costs of overseas investment institutions in the mainland will be reduced, which can attract more foreign investment into the mainland.

Apart from these two points, the rest is all bad.

Since 1978, mainland exports have increased dramatically.

Because of Chen Guohua, the mainland has very large product technology and price advantages in many manufacturing commodity levels, so it has always maintained a large trade surplus with Europe and the United States.

In this regard, if it were not for Tokyo and the Federal Republic of Germany in front of it, the mainland would not be able to escape this wave.

You know, a large part of Tokyo and West Germany's trade surplus with North America was created by white glove companies.

Therefore, under such circumstances, the depreciation of the US dollar will inevitably lead to trade frictions between the mainland and other trading partners.

In addition, there are other adverse effects such as increased foreign exchange reserves and repayment risks.

For example, the expectation of appreciation caused by the undervaluation of the RMB may prompt a large amount of capital to flow into the mainland in the short term, which will bring a lot of uncertainty.

In short, a series of economic and financial chain reactions may bring adverse effects, which need to be observed very carefully.

"If the enemy comes, we will stop him. If the water comes, we will block it with earth. Old Song, there is no need to be so pessimistic."

Chen Guohua chuckled and comforted the other party:
"Besides, now that the Plaza Accord has been launched, my plan has also begun. Before the end of this year, I will definitely give them a ruthless blow."

Doesn’t North America just want the dollar to depreciate?

This is very simple. Chen Guohua will certainly help give a push from behind.

Song Xuyan said he would wait and see.

In the blink of an eye, September has passed and October has arrived.

During the two days of National Day, Chen Guohua did not go anywhere and just stayed at home.

There are three grandchildren at home, and they are very noisy.

Although Chen Zhongshou and Chen Qi were only a little over one year old, they had just learned to walk and were already fluttering around, not wanting adults to take care of them.

But from time to time I would fall down, which was very interesting.

Chen Gonglu, who is already 84 years old, is definitely a very old man, but over the years, he has maintained good self-control, so his health is still quite good.

Apart from not being able to drink every day like I did when I was young, everything else is fine.

The one in the best physical condition is Yun Wanshang, she is the healthiest old person in the family.

Even Chen Guohua's mother-in-law Gan Rushuang is not as good as Yun Wanshang. After all, the two sisters are not much different in age, but there is still a difference in their physical condition.

Yun Wanshang's overall condition is no different from that of an old lady in her sixties. She can run and jump, and her hair is very thick.

This is the difference.

"Guohua is at home, so he doesn't have to work overtime today?"

At the door, the father-in-law and his family came over. Seeing Chen Guohua teasing the two little guys, Chen Zhongshou and Chen Qi, Yu Shixun in the wheelchair immediately smiled.

"Well, take a rest today."

Chen Guohua responded with a smile and warmly invited his father-in-law and his family to sit down and have a rest.

The two families live close to each other, and they get together for dinner every now and then. This is how they have been doing all these years.

"Xiaoyong is back too?"

Seeing Yu Xiaoyong in military uniform following behind his mother-in-law, Chen Guohua smiled even more happily.

Yu Xiaoyong is the child of my elder brother-in-law Yu Tianxing. He was born in 1962 and is 23 years old this year.

Unlike Chen Wei and others, Yu Xiaoyong was born in a compound and was not good at studying, so he could only join the army for training.

However, in the army, Yu Xiaoyong is like a fish in water. Now, he is only 23 years old, but he is already a deputy company commander and his future is limitless.

Generally speaking, it is very difficult for soldiers like Xiaoyong to leave the army for vacation.

However, these two days are National Day, and Yu Shixun has already retired from the army. Given the Yu family's connections in the army, Yu Xiaoyong will naturally train in Beijing for a few years before being transferred to the local army.

Since we are near the capital, it is much easier to go home.

All members of the Yu family came, and at noon, Cuihua Hutong suddenly became much more lively.

When there are guests at home, there are bottles of wine on the dining table even at lunch.

Both Chen Gonglu and Yu Shixun wanted to drink, but Yun Wanshang and Gan Rushuang were also there, so they had no way of succeeding.

When having dinner and drinking with family, besides chatting about family matters, we can't help but talk about work.

For example, Yu Tianxing’s youngest son, Yu Xiaochun, is even more mischievous than his brother Yu Xiaoyong. He served as a soldier for two years, and after completing his family tasks, he retired and went to the south to do business.

Now Yu Xiaochun is doing quite well in the south and has some capital. He wants to enter the motorcycle industry and hopes to get help from Chen Guohua.

"Is that so? Are you so optimistic about the motorcycle market?"

Chen Guohua looked at his nephews and nieces in front of him with amusement. He found it quite interesting when listening to them talking about these things.

Yu Xiaochun, born in 1964, is only 21 years old this year, but his net worth has exceeded 100 million yuan.

In this wild era, as long as you are brave enough, you can have a day off every day.

It is not uncommon to earn 100 million RMB in just one or two years.

Yu Xiaochun has been influenced by his surroundings since he was a child, and the most important thing is that he is very courageous.

"Yes, uncle, I am definitely very optimistic about the motorcycle market. You also know that our inland motorcycle market, especially in the southern region, is very popular."

Hearing the other party say this, Chen Guohua nodded secretly.

The motorcycle market in the mainland is very different from the original time and space. Although motorcycles are fueled by oil and cannot compare with electric bicycles, there is still a market.

In this time and space, because of Chen Guohua's relationship, Zhenhua Research Institute established a small electric scooter manufacturing plant in May 1979.

Based on this small electric scooter manufacturer, four companies, namely the Great Wall Electric Bicycle Factory, the Shenzhou Electric Bicycle Factory, the Changjiang Electric Bicycle Factory, and the Huaxia Electric Bicycle Factory, soon emerged.

Also because of the emergence of these five electric bicycle factories, the mainland has almost no competitors in this field.

The market for capital coming in from abroad, such as Mitsubishi Motorcycles, has been greatly reduced.

In the plains, electric bicycles such as small electric stoves are definitely the king, and motorcycles are rarely seen.

On the contrary, the vast rural areas in the southwestern mountains have become dominated by motorcycles, because in the mountains, the power of electric bicycles is obviously not as good as that of motorcycles.

Yu Xiaochun noticed this point, so he hoped that Chen Guohua could help.

As for why it was Chen Guohua, Yu Xiaochun is not stupid. After so many years, how powerful Chen Guohua is. Does his nephew really have no idea?

What's more, Chen Guohua had already appeared on TV in the early years. He was the chief designer of aerospace engineering.

People who do scientific research must have some knowledge, right? It's better than Xiaochun, a layman, right?

"Oh, do you want to invest in building a factory and conduct research and development yourself?"

Hearing his uncle's question, Yu Xiaochun scratched his head and said:

"Uncle, I really don't understand technology. I can only learn while running the business. Do you have any students doing research in this area? Introduce one to me."

"You are very brave."

After taking a look at Yu Moli who was chatting with her sister-in-law Liu Jingmei on the other side, Chen Guohua retracted his gaze and said:
"Let's leave it at that for now. Someone will contact you later. However, how much of a share you can take depends on your own ability."

Chen Guohua did not directly help his nephew, but just gave him a chance.

It is impossible for Zhenhua Research Institute to do everything, and it is very necessary to cooperate with some private enterprises appropriately.

Otherwise, those state-owned enterprises would think that Zhenhua Research Institute is indispensable to them.

Therefore, it is necessary to create a little sense of tension for these state-owned enterprises.

After talking about work, the rest is just idle chat.

It's really just idle chat. You can talk about national affairs or family matters. Anyway, just chat casually, as long as it's not excessive.

The purpose of vacation is to relax, not to make yourself nervous like you are at work.

The two-day holiday passed in a flash, and before Chen Guohua could fully enjoy the holiday, he had already appeared in the office and was ready to go to work.

At the beginning of October, the global economic situation experienced major waves.

First, based on the Plaza Accord, the US dollar depreciated very quickly and did not fall as James Baker and others had envisioned from the beginning.

This speed is falling too fast.

Both traditional media and emerging Internet media are conducting in-depth analysis of the Plaza Accord.

As a result, many investors immediately understood the impact of this agreement on the global economy.

Some media are fanning the flames behind the scenes, causing the dollar to fall and it cannot be stopped.

Before Jeremiah Caldwell had time to gloat and make fun of James Baker, he was roared at by an angry Herbert Walker, demanding that everyone come up with a solution as soon as possible.

The US dollar has fallen too quickly, although this may allow the competitiveness of North American exporters to soar to a certain level in a short period of time.

But, but, here comes the point, it is impossible for export goods to be sold in a short period of time, right?
On the contrary, the financial sector can no longer withstand such a rapid decline in the US dollar.

The dollar is like a falling building, and the financial tsunami caused by its rapid collapse has already formed.

First of all, at the gold level, its price was originally only US$326 per ounce, but because of the decline of the US dollar, its price has risen to US$478 per ounce.

And this upward trend has not stopped yet, it is still rising rapidly, it is terrifying to the point of exploding.

The second is crude oil. The entire market also experienced violent fluctuations, resulting in a situation where some were happy while others were sad.

why?

Because of the plummeting US dollar, countries whose currencies are appreciating can buy cheaper crude oil. On the contrary, countries that are pegged to the US dollar naturally cannot benefit from crude oil imports.

The tsunami in the financial market is not limited to this. Due to the depreciation of the US dollar, a large amount of funds have rapidly flowed into the North American market, further exacerbating exchange rate fluctuations and financial risks.

In other words, the North American market is a large enough reservoir, and in the short term, the funds entering North America can still find a place to go.

For example, emerging markets such as electronic technology, medical finance, etc. are all pools of capital flow.

What Chen Guohua saw was that more funds were flowing into the gold market.

If people don’t want the US dollars they hold to depreciate just because the price of gold has skyrocketed, they can only invest in other financial products. For example, gold is a very good investment product.

A vicious cycle has already emerged in the entire market.

At this time, James Baker, Noboru Takeshita and others not only did not dare to continue selling US dollars, but needed to spend money to buy more US dollars.

In this way, these central banks will not make money, but will lose a lot of money.

Whether they make a loss or not is not a bad thing for Chen Guohua, but a good thing.

The whole situation was set up for them. They could have stopped selling dollars or even stopped buying them.

After all, wasn't the goal of Noboru Takeshita and James Baker to devalue the US dollar?

Chen Guohua has helped them achieve this goal.

However, is this the situation that James Baker and others want to see?

Definitely not!
"Mr. Chen, how much money did you make?"

Song Xuyan looked surprised and couldn't wait to ask more questions.

During this period of time, he would question Chen Guohua almost every one or two days, and sometimes even every other day.

The main reason is that it’s so easy to make money.

The current wave of profits is made from the surge in gold prices.

After the price of gold fell last year, Chen Guohua gradually bought a lot of gold and re-positioned himself in this area.

Of course, gold is not the focus. After all, the gold market has been mostly harvested.

Besides, there is no such thing as a three-time accident. This time, it is just a small act of reaping some wealth.

Even so, the daily profit is either tens of billions or hundreds of billions of dollars.

In just half a month, the total profit has exceeded 100 billion US dollars.

With such a fast pace of making money, how could Song Xuyan not be happy?

Relying on financial means to plunder wealth is far more powerful than using a bank's money printing machine.

Under such circumstances, not to mention Song Xuyan, even Chen Guohua has been smiling at everyone he meets and is in a good mood recently.

"How much more can we earn from this wave of gold price increases? Should we sell some of our shares in Savajina Gold Mine, Hemlo Gold Deposit, Rand Central Gold Mine, Totona Gold Mine, and Oni Gold Mine?"

Hearing Song Xuyan's words, Chen Guohua rolled his eyes unhappily and said:

"Old Song, it's easy to sell it, but it's difficult to buy it back."

This is a gold mine, not gold, they are two completely different things.

In short, even if you want to make money through financial means, you need a certain amount of capital. Otherwise, how can it be so easy to call the shots?
The reason why North America is so stupid is that they are being led by Chen Guohua on the one hand, and on the other hand, the white glove companies are competing with them internally, causing a certain amount of internal friction.

This kind of internal friction is still very scary. (End of this chapter)