Yanei of Rebirth

Chapter 2070 London Financial Summit

Yu smiled like a flower, but was secretly worried.

Not worrying about himself, but worrying about Liu Jun.It can be seen that Liu Jun is very thoughtful.As Liu Jun's status got higher and higher, he frowned more and more.When I was in Changhe District before, it was hard to see the image of that handsome, handsome young boy.Xiaoyu really missed the time when she was a nanny in Building No. [-] by the Heshui Lake.Especially after the downfall of Zhu Feiyue and Zhu Long and his son, Xiaoyu was the happiest day.It seemed that there was nothing in the world that worried her.

How high-spirited Liu Jun was at that time!

As this official grows bigger and bigger, there are more and more troubles.

"Brother, drink tea!" [

Yu brewed a cup of thick tea and gently put it in front of Liu Jun.

This is the presidential set at Qiushui Hotel.The dinner party is over. Uncle Chu and Aunt Tong were a little tired after a day of sightseeing. After dinner, they went back to their room early to rest.Of course, it is not ruled out that they do everything possible to leave more time for Xiaoyu to accompany Liu Jun.

Aunt Tong really hoped that Xiaoyu would give birth to a boy and a half girl for Lao Liu's family as soon as possible.

Liu Jun nodded, turned on the huge wall-mounted LCD TV, and tuned to an English channel.The screen showed the meeting between General Secretary Li Zhiguo and US President Jack.

The G[-] summit is currently being held in London, the capital of the United Kingdom.

The establishment of the G[-] was originally proposed by the finance ministers of seven industrialized countries including the United States in Cologne, Germany in June [-]. Formal dialogue for the stability of the international financial and monetary system.In September [-], the finance ministers of the Group of Eight announced its establishment in Washington. It is a mechanism for informal dialogue within the framework of the Bretton Woods system. It is composed of the Group of Eight, eleven important emerging industrial countries and the European Union.It aims to promote the reform of the international financial system and lay a broad foundation for discussions and consultations on substantive issues in order to seek cooperation and promote the stability and sustained growth of the world economy.By convention, the International Monetary Fund and the World Bank attend the organization's meetings.At that time, the G[-] meeting was only attended by finance ministers or central bank governors of various countries. Since the global financial crisis triggered by the United States last year has brought the financial system into the focus of the world, the G[-] summit meeting has been held to expand the speeches of various countries. power, replacing the previous G[-] summit or G[-] finance ministers meeting.

The total gp of the G80.00 accounts for about 40% of the world five, with a population of about [-] billion.

This summit was accompanied by Vice Premier Guo Qiliang, Foreign Minister Sang Yingfeng, and dozens of cadres from relevant party and government departments such as the General Office of the Central Committee.

Undoubtedly, the meeting between Chairman Li Zhiguo and President Jack is the focus of most people's attention at this summit.Liu Jun didn't read news reports from his own country, but directly watched news reports from the United States.

There will be a detailed briefing on the content of the domestic news reports. Liu Jun wants to see how the foreign media reported the meeting.You can think about it from another angle.

In mid-November last year, shortly after the outbreak of the US financial crisis, a financial summit was held in Washington.As one of the most important summit dialogues in the global economic and financial affairs of the most participating countries, the G[-] Summit plays a very important role in coping with the global financial crisis and rebuilding the new international financial order, and has become the focus of the world's attention.

At last year's summit, the participating countries proposed to save the US economy and prevent the US from flooding the US dollar.Not long after the financial crisis broke out, the crisis spread from the field of virtual assets to the real field, and the real economy of the United States began to decline.In order to stimulate aggregate demand, the Federal Reserve has lowered the benchmark interest rate to [-]%, and has continued to inject funds to save financial institutions and large enterprises in trouble. These policies will increase the issuance of US dollars, thereby depreciating the US dollar.

The U.S. dollar is the world currency, and many countries in the world hold huge U.S. dollar assets. The excessive currency issuance by the United States will cause serious losses to countries holding U.S. dollar assets.Therefore, the most urgent task of the last financial summit should be to prevent the United States from issuing excessive currency, and in order to achieve this goal, all countries proposed to work together to save the US economy, the most specific manifestation is to buy US treasury bonds.

As of the end of September 500, the fiscal deficit of the US federal government had reached more than [-] billion US dollars, setting a new record. US government spending financing.Therefore, at the last summit, most of the G[-] countries demanded to act in unison and strictly prohibit the large-scale selling of U.S. treasury bonds. Only in this way can the U.S. economy be stabilized, and the value of U.S. dollar assets in the hands of all countries can be maintained and increased.

my country agrees with this proposal and expresses its willingness to further increase its holdings of US treasury bonds.

Of course, how to deal with other non-government bonds does not bother others.

What attracted the most attention at the last summit was the initiative of various countries, especially the European Union, to unify regulatory standards and regulate the activities of international financial institutions.The EU pointed out that one of the root causes of the financial crisis is the excessive relaxation of US financial regulation.As the main mover of financial globalization, the U.S. has increasingly relaxed regulations on its financial institutions and financial market innovation. In this relaxed environment, financial institutions such as investment banks, commercial banks, and hedge funds operate with high leverage around the world. The country has repeatedly succeeded in attacking cities and conquering territories.Since these institutions operate globally, they can evade the financial supervision of countries around the world through internal transactions or transnational capital transactions. Therefore, unifying regulatory standards and regulating international financial activities has become the common aspiration of other G[-] members except the United States.

The United States also wants to strengthen financial supervision, but it is more aware of the need to take the initiative in formulating regulatory rules.If the initiative is given up, the hegemony of the United States in the international financial system will be greatly shaken. This is what the financial capital of the United States does not want to see, and this is exactly what the financial capital of other G[-] members is seeking.At last year's summit, although the EU launched an onslaught, it ultimately failed.It is estimated that similar efforts will be made again at the London summit.

Seeing that Liu Jun was more absorbed in watching, Xiao Yu didn't dare to disturb him, sat down beside him, picked up a knife to peel the apple, then cut it into small pieces, and put a piece of apple into Liu Jun's mouth from time to time. [

Economics and politics are like twin brothers, go hand in hand.The financial summit should not only deal with the global economic crisis, but also the adjustment of global interests after the relative decline of the United States.This is a long-term bargaining process.At present, my country is the fourth largest economy in the world after the United States, the European Union and Japan, and has the world's largest foreign exchange reserves. Other countries are all pegged to my country's "money bag".

After watching the news for 10 minutes, Liu Jun leaned back slightly, relaxed a little, and reached out to tap his forehead.

Yu hurriedly leaned over and stretched out her delicate hair to gently massage his head.

"Brother, do you think President Jack will make concessions to us this time?"

Yu asked in a low voice while massaging Liu Jun's head.Xiaoyu is now also called a strong woman in the economic world, and she is not completely ignorant of these international trends.

Liu Jun said calmly: "Concession is certain. The key is how much and how to give. I guess Jack also has a headache."

A country that is used to being a hegemon will not easily bow to others.Jack must also make a careful choice and balance between saving the domestic economy and maintaining world hegemony.

Yu thought for a while and said, "Not long ago, Stephen Roach said that our country is not yet a large economy and is not in a position to save the world. Playing a central role in the system is all unrealistic ideas...Brother, is it reasonable for you to say what Roach said?"

Roach is the chairman of Morgan Stanley Asia. He is well known by many people in the Chinese market and has quite a number of "fans" in China.Xiao Yu knew what he said, and it was very reasonable.

Liu Jun smiled lightly, and said, "Roach is just a businessman, he doesn't understand politics. Of course, as an American, he can understand how he speaks for his country. Is it possible to build a second Bretton Woods?" The system, or whether it will play a central role in the international monetary system immediately, is not what we need most. In many cases, the name is not worth the matter, and the key is the real benefits.”

Perhaps Chairman Li Zhiguo will promise more economic support to the United States at this summit, but there must be conditions.The US military presence in the surrounding areas of our country is one of the bargaining chips in the negotiations.

The strategy of long-distance and short-term attack has been conveyed to Chairman Li Zhiguo through Mr. Bian.It is said that it is also one of the core strategies of Chairman Li Zhiguo's summit this time.

Yu nodded, and gently lay on Liu Jun's shoulder.

Liu Jun patted her softly and suddenly asked: "Xiao Yu, do you have something on your mind?"

"Ah? No, I have nothing on my mind..."

Yu quickly denied it, she didn't want to interfere with Liu Jun's thinking at this time.

Liu Jun stretched out his hand to wrap around her slender waist, and with a little effort, Xiao Yu snuggled into his embrace.

"Speak, don't hold back what you have to say, just say it."

Yu bit her lip lightly, hesitated for a while, and then said in a low voice: "Well, my mother...my mother is worried...she is worried that I am getting older, and it will not be safe to have children in the future..."

When she said this, Xiaoyu's pretty face flushed with shyness, her eyes were evasive, and she didn't dare to look directly at Liu Jun.

Liu Jun was slightly taken aback, then laughed, touched her hot little face, smiled and nodded.

Yu was overjoyed immediately, straightened up suddenly, hugged Liu Jun's neck, his hot cheek was pressed against Liu Jun tightly, his whole body was trembling slightly...[

bk

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like