On June 6, a total of 23 people from all walks of life in Guangdong and Hong Kong workers held a demonstration to show their support for the central government's handling of the "May 10th" incident. This is the famous "Provincial and Hong Kong Strike" in history.Due to the powerful organization of the Guangdong Provincial Department of the People's Party, the Guangzhou Military Region, the Guangdong Armed Police Force, and the Guangdong Public Security Bureau's armed guards, the British side dared not deal with it in a bloody way like the "May [-]th" incident.The strikers chanted slogans such as "Brits get out of Hong Kong" and unfurled the banner of "Recover Hong Kong's Sovereignty", which shocked both at home and abroad, as well as at home in the UK.Affected by it, the Shanghai stock market fell by more than [-]% for three consecutive days. The major listed companies suffered heavy losses, especially the national capital whose economic strength was not sufficient. There were depressions and bankruptcies.

At the same time, Bank of China, China Bank of Communications, Agricultural Bank of China, Industrial and Commercial Bank of China, and China Construction Bank, which had just established their ports, encountered a strong run-on storm.HSBC Bank, Standard Chartered Bank, etc., which were originally co-initiating banks, would forcibly withdraw from the financial market at the expense of falling below the issue price.

Many people in the industrial and commercial circles panicked. Some people were planning to go to Hong Kong and Taiwan, and some even expected to be directly protected by European and American powers.Zhang Hanqing and the top leaders of the People's Party regard all this as a serious struggle to get rid of imperialist control and slavery, to strive for the independent status of the Republic of China and to demonstrate the dignity and strength of the country.He is very familiar with the tricks used by the imperialists - but it is also as he wishes: it will be a matter of time to compete with the imperialists such as Britain and Japan, and it is not bad to use this to train troops first.

Although the Feng faction has mastered the central government, the long-term formation of warlord forces and local power factions in various places has still had a huge influence.Taking Shanghai as an example, due to the gathering of concessions from various countries, large and small underworld forces and agents supported by foreign countries - comprador forces have been mixed among the three religions and nine streams.The well-known private capitalist group in the Yangtze River Delta, the Shanghai Chamber of Commerce, is wary of the central government and has basically not returned. It is a conflict, but it has to be hidden because of the authority of the state power.Once there is an opportunity, there is no guarantee that it will not have a shocking impact on the Chinese economy.These forces dare not take action when the country is strong, and they will hide in the city; once the People's Party regime is unstable, or when the international situation is unfavorable to China, this force will take advantage of the opportunity and affect the People's Party basis of governance.The people's party regime is nascent and its foundation is weak. If this opportunity is not used to shock them, it will be difficult to gain their complete approval for economic policies in the future.In Zhang Hanqing's words, this is a "good opportunity to cleanse the hostile hidden forces!"

In the 7 days to July 15, the central government used the Beijing-Shanghai line, Longhai line and sea transportation to transport a total of about 20 million tons of rice.Excluding the use and storage of ordinary citizens, about 150 million tons of rice were piled up in the concession or on overseas ships waiting for an opportunity to return to mainland China.Rice shops in various ports in Shanghai have reopened one after another, but they sell cheap rice from the government.Gradually, the rice merchants who had been strongly supporting the rice merchants gradually could not stand this kind of low-price dumping operation mode. Seeing the wind quickly, they threw away the invoices that were still in their hands one after another, with the principle of minimizing losses.The British and Japanese chaebols who resisted desperately to the end suffered the most losses-although China is poor, the country is still very powerful!

All the cards that can be reaped benefits have been played. If the economy continues to fall into this crisis, the harm to orderly production and trade will become greater. Zhang Hanqing judges that it is time to close the net.It decided to take the last solution: to seize the futures exchange, the activity center of the big speculators manipulating the rice market!

At 7 a.m. on July 16, two battalions of troops and 10 plainclothes police personnel dispatched in five directions, suddenly surrounded the six-story futures trading building, and issued an order to more than 400 people who were engaged in speculative trading and other activities in the building : Immediately stop all transactions, no entry and exit, no phone calls to communicate with the outside world, and wait for interrogation and search at the same place.The staff of each group quickly entered each room to search.In the office of the "Ito Paddy" broker, there were 900 telephones for manipulating the market, and dozens of pieces of gold were found in the wall.The clean-up and investigation work in the building lasted for two days and one night. Many legitimate businessmen were released one after another after being interrogated. In the end, only 18 main speculators were detained and taken away.During this period, the outside of the building was crowded with people, and the citizens clapped their hands and cheered, saying: "The tycoon rat has collapsed!" "Young commander is really amazing!"

This clean and beautiful assault battle spread throughout Shanghai in an instant and shocked the whole country.The next day, the price of the silver dollar "Sun Datou" to rice plummeted from 3 cents to 8 cents per catty. The next day, the price of rice fell by half again, and the price of cooking oil fell by 1 percent!Almost at the level of the beginning of the year - one can imagine how happy the citizens with rice bags and oil bottles would be seeing this scene.

The "Rice War" became the first round of victory in the confrontation between the People's Party government under the leadership of Zhang Hanqing and Shanghai's old economic forces and imperialist forces.

During this period, the industrial groups under the central government took the opportunity to invest about 18000 million yuan to buy various stocks that were at the bottom. With the normalization of rice prices, prices quickly fell, and industrial stocks finally returned to their original value. Some national capitalists who believed in the central government and resisted the pressure to buy stocks made a lot of money, and thus had a greater sense of respect for the government, while those businessmen who fled the battle regretted it.

The biggest winner of this incident is the central government: this battle not only eased the central government's financial constraints due to massive construction - this campaign made a net profit of 2 million yuan for rice alone, and nearly 5 million yuan assets become state-owned!In addition, considering the impact of the dumping of American wheat at that time on world food prices, the central government not only beautifully offered a better price (Northeast rice was sold from Harbin to foreign countries for only 3 cents a catty, including the cost of overseas transportation) The completion of the grain sales also greatly boosted the prestige of the People’s Government, severely damaged foreign capital, strengthened the trust of the people, especially the intellectuals who are the vanguard of the working class, in the Chinese People’s Party, and finally united around the People’s Party.On the surface, this economic battle is about the economy, but it is actually a political battle. It is not an exaggeration to describe it as far-reaching.The foreign bourgeoisie finally learned about Zhang Hanqing's skills, and they were also surprised by the strength demonstrated by the government of the Republic of China.

However, Zhang Hanqing did not accept it as soon as it was good, and his eyes have turned to the issue of tariff independence.At the time when Beijing announced "tariff independence", all Chinese customs, led by Shanghai Customs, were required to impose a special tariff of 200% on rice imported from abroad, completely shutting out a large amount of rice hoarded overseas---- Since you want to buy rice, then save the high-priced rice and eat slowly!

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