Chapter 883 Make a fortune silently

Affected by the Mexican financial crisis, in January 1995 the European stock market index fell by 1%, the Far East fell by 1%, and the world stock market index fell by 6.5%.

As Mexico's neighbor, the United States suffered a huge impact. The US$200 billion in stocks held in Mexico lost tens of billions of dollars, and combined with the depreciation of the peso, the loss exceeded US$150 billion.

Soros's "Quantum Fund" reaped great rewards and was at its peak. Soros held a celebration party in the most luxurious hotel in New York. The whole world was reporting on Soros and the "Quantum Fund", and many investors handed over their money to the "Quantum Fund" to manage.

As for Liu Tao, he made a fortune in silence.

Without earning a single penny, the net profit reached US$100 billion with a 50x leverage of US$763 billion.

In addition, many mines, farms, and ranches in Latin America came under his control during this wave.

His personal wealth also increased fivefold.

If this much money was in one account, it would be impossible to hide it from others.

But it is not easy to track down the thousands of accounts.

Especially since there are a large number of offshore islands here, it is even more difficult to track them down.

It’s difficult to track down the United States, let alone Mexico.

If Mexico wants to investigate, I'm afraid most countries will ignore Mexico, let alone the offshore islands.

International hot money is still stirring up trouble, but Liu Tao has already secured his profits.

Liu Tao was very happy with the fruitful gains, but what made him even more excited was that he would take control of more mines, farms, ranches and energy resources through this opportunity.

For Latin America, Liu Tao sees it more as a place to import raw materials and sell goods, but it can only be ranked in the third tier.

It’s not that there is anything wrong with Latin America, but because Latin America is too far away from China and too close to the United States.

The United States has a strong influence in Latin America, and there is nothing wrong with saying that it is America's backyard.

In fact, many Latin American countries have very complicated views on the United States. They hate the United States, but also yearn for it. All wealthy people transfer their assets to the United States, buy properties in the United States, and send their children to the United States to receive American education and live in the United States.

It just so happens that Latin America is a country where the left and the right are constantly exchanging and interacting, which makes it much less stable.

This makes it easy to manipulate the situation.

In addition, the fact that no powerful country has emerged in Latin America has made it easy for the United States to manipulate it at will.

Therefore, in recent years, Panshan Group's business in Latin America, in addition to some arms accidents, has been to import minerals, crops, beef and mutton from there.

As early as several years ago, due to these reasons, Panshan Group became an international mining giant and a major international grain trader.

Except for grain imported from the United States, all other grain imported by China is imported by Panshan Group.

As China's steel mills continue to increase their production capacity, the demand for iron ore is huge. In addition to domestic mining, some of it is imported.

This part of the import is supplied by Panshan Group.

Panshan Group has various mines in Southeast Asia, South Asia, the Middle East, Africa and Latin America.

The same is true, of course, of oil imports.

Now China's oil is divided into two parts. China Petrochemical Group is China's local oil and natural gas, while China National Petroleum Corporation is imported oil and natural gas from outside the mainland. In addition to supplying the mainland, it is also responsible for supplying Hong Kong, Macao, Taiwan, Japan, South Korea, Southeast Asia, and most countries in South Asia.

China's development requires stable energy and minerals, and this is what Panshan Group is doing.

In addition, in recent years, Panshan Group has organized a large number of workers to go overseas to mine, build roads, farm, and extract oil.

There are hundreds of thousands of Panshan Group's overseas workers who have left the mainland, and perhaps the number will exceed one million in the near future.

Some of these workers who went abroad chose to bring their families to settle down there. Coupled with the conscious support for overseas Chinese in these places, many Chinese families have grown rapidly and become a force that cannot be ignored.

Moreover, many Chinese families, having learned lessons from history, have acquired private armed forces, with numbers ranging from dozens to thousands. All of their equipment is purchased from Panshan Group without exception. The weapons may not be very advanced, but they are definitely advanced in the local area.

For example, the Type 59 tank is already considered an outdated tank in China, but in most countries, they don’t even have tanks.

Even now, many developing countries still use weapons from the World War II era or even the World War I era.

Many countries don’t have tanks or planes!
The development gap in this world is beyond the imagination of ordinary people.

Over the past decade, Chinese people have become increasingly common in Southeast Asia, South Asia, the Middle East, Africa and Latin America, and their number has also increased.

This, in turn, has prompted the continuous strengthening of our capabilities to protect legitimate rights and interests.

The Three Gorges Dam is located here.

The cofferdam project has been completed, the diversion project has also been completed, and the entire Three Gorges construction has entered the fast lane.

The most favorable construction time for water conservancy projects is from September to April of the following year, which is about half a year, because this half year is the dry season with fewer rainy days and less rainfall, which is convenient for construction.

As the "project of the century", the Three Gorges Project has the most stringent construction requirements and the most stringent control over time nodes.

It can be advanced, but not postponed.

Construction here will not disturb other people, and when conditions permit, construction can even be carried out in three shifts a day.

Here, there is no darkness for many construction projects because the construction sites are brightly lit at night.

More and more construction machinery was mobilized here.

With the resettlement project completed, the focus now turns to the construction of the Three Gorges Dam.

Liu Tao arrived at the construction site at night and the helicopter landed on an open space on the construction site.

It was bright daytime at the construction site.

The workers are working hard and sweating. Even in winter, the construction here is in full swing.

Large amounts of construction materials arrive at the Three Gorges Dam construction site every day.

Since September, the construction site has started working in three shifts.

Under the premise of ensuring construction quality, we will accelerate the construction of the Three Gorges Dam.

Panshan Group had the funds in place early on and used them for the intended purpose. In addition, it mobilized a large amount of manpower, material and financial resources, which made the construction of the project much faster than originally planned.

Liu Tao inspected the construction site and participated in the construction, quietly repairing some problems that were difficult to rework during the construction process.

It is obviously impossible for such a large project to have no problems at all.

Every time Liu Tao came to inspect, in addition to checking the progress, he also cleaned up the mess and solved some problems to ensure the construction quality of the entire Three Gorges Project.

Looking at the workers sweating profusely and no one complaining of being tired, Liu Tao would be lying if he said he was not moved, because it is this generation that has inherited the legacy of their ancestors and is persevering in building the motherland.

So far, it is inevitable that the total investment of the Three Gorges Project will exceed the original budgeted total investment. In addition to the rise in construction materials, another important reason is the increase in labor costs. So far, the workers' wages have increased three times compared to the beginning.

Liu Tao approved the increased investment without hesitation because of this group of people.

Most of these people will work here for seven or eight years or even longer!
There are even many college graduates here, and they will spend their best years here.

(End of this chapter)

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