Age of Dreams

Vol 2 Chapter 1625: Taken on

The habit of Chinese people is to save money, and this has not changed even after they immigrated to the United States.

In many banks, such as Bank of America, Citibank, JPMorgan Chase, etc., at least 80% of personal deposits in savings are deposited by Chinese people, even if the interest rates of European and American banks are horribly low.

During the Anti-Japanese War that year, the Chinese in the United States destroyed their homes and alleviated their difficulties. They all took out their property and sent them back to China to support the War of Resistance. It once made the Americans exclaimed, "The Chinese are going to have all the money in the bank!"

Although Tang Mingxiang developed in the United States, she still upholds the fine traditions of Chinese people. After the 38 billion US dollars are received, the taxes, bonuses, and subsequent acquisitions and office expenses are in Tang Mingxiang’s hands. At least 23 billion U.S. dollars is left.

Because of the partnership with Xiao Qi, Tang Mingxiang also deposited the 23 billion U.S. dollars in the New York branch of Citibank, adding another piece of merit to Wade's business.

It is precisely because this money is deposited with Citibank, so many people know that there is such a huge sum of money, and many people are thinking about it in various ways.

Tang Mingxiang is very smart and trusts her husband very much. Those who use the banner of "financial derivatives", although they are not open the door, but they are definitely not seen.

As for the various projects seeking investment, there are also many experts under his hand who are testing them. So far, there are few good projects that can enter Tang Mingxiang's eyes.

Therefore, the three major oil companies in Russia took a fancy to Tang Mingxiang's huge sum of cash. I want to borrow it for use.

When Russians need money, they are very bold.

The oil itself is black gold buried in the ground. As long as they are dug out, they can make money. Therefore, the interest on the funds lent to the oil industry is generally not low.

The oil companies in Europe and the United States borrow on their own, and under the premise of various government backgrounds, Wall Street also gives 6%-12% interest.

Russia, in view of the consistent bad relationship and their Westerners' defense against Russia, the price usually reaches 12%-18%. If it is a huge short-term loan for a year and a half, it may exceed 20%.

When they approached Tang Mingxiang through Wade of Citibank, they paid the highest interest rate of 18%. The collateral was three large oil fields in Russia's Siberia, Caucasus, and Far East.

With so many collaterals and such high interest rates, they naturally demand a lot. What is needed is Tang Mingxiang's loan of 20 billion US dollars.

Tang Mingxiang has never been interested in lending money to others, especially the Slavs who have always been known for not keeping their promises.

The charming girl who grew up under the red flag has never forgotten the sins of the Slavs.

When helping the little brother fight against the so-called coalition forces, the Slavs told us, let’s go together! The result waited until we rushed to the battlefield. They stood in the back watching the show, and changed their words and said, "Go on, you get out of people, and I get out of weapons."

After four years of hard work and a difficult draw. After a few more years, the Slavs had a bad relationship with us. Just call back the weapon money-your sister! Our hundreds of thousands of soldiers fought **** battles, but in exchange for this kind of consequences! ? It really makes all Chinese people firmly remember this greedy, shameless and credible polar bear.

Therefore, Tang Mingxiang refused without thinking about it, so he didn't have to talk about it.

Wade had no choice but to find Xiao Qi, and wanted Xiao Qi to persuade Tang Mingxiang to agree.

Because it seems to Wade that this business is definitely worthwhile, even if the Russians can't pay the money in the end, the three oil fields used as collateral are worth more than 20 billion U.S. dollars, which is definitely worthwhile.

As for Tang Mingxiang’s worries about breach of contract, that’s not a problem at all.

Now the Russians are much more honest. If they even dared to tear up the contract for the business that was filed on Wall Street and led by Citibank in the United States, no one would dare to do business with Russians from then on!

Europe and the United States will absolutely block all overseas accounts in Russia, and Russian companies will definitely kneel down and beg for mercy! !

But Xiao Qi still refused, but he gave Wade another suggestion, that is, Xiao Qi himself provided 20 billion U.S. dollars to lend to the Russians for one year.

Interest rates are easy to say, but Xiao Qi doesn’t want their oil fields. He wants to sign an agreement with these three Russian oil companies, that is, he has the right to buy at the transaction price of the day until December 31, 2008. The three companies are not allowed to shirk or refuse any oil and crude oil worth 50 billion US dollars.

No one who can survive on Wall Street is a fool.

When Wade heard Xiao Qi's request, he immediately knew what was going on, that is, Xiao Qi was not optimistic about the increase in oil prices this year.

But even if it doesn't rise, according to the current situation, I'm afraid it won't go as low at the end of the year.

Don’t the Chinese people buy cheap oil in the previous year not enough, do they want to stock up again?

I don't understand what Xiao Qi thinks, and Wade doesn't ask. People who are bankers like them have a very strict mouth when they are doing business, and they never ask if they shouldn't ask.

In addition to this requirement, Xiao Qi had two conditions.

The first is that the loan is in US dollars, but the repayment must be in Renminbi. The Renminbi will continue to appreciate in the past two years. Although the borrowing time is only one year, what can't it reduce the loss?

Secondly, the Russian company has a guarantor. The guarantor candidates are Goldman Sachs and Citibank. No matter what method the Russians use, the two financial giants must sign the guarantee agreement in the final agreement anyway.

The Russians didn't think so much. After seeing Xiao Qi put forward such a condition, after two days of discussions with the senior executives of their three companies, they immediately agreed to all Xiao Qi's requirements.

Don't oil fields only need oil?

That's great!

Oil is sold at market prices. If the output of the oil field is large, it is possible to earn more!

Want to bet that oil will fall this year?

Now it's 100 dollars, even if it drops, what price can it fall to?

Even if it drops to the lowest level, it can never be lower than the cost price, right?

Anyway, oil is traded without capital, and at most it will not make money. The purchase price of 50 billion US dollars is definitely a great supplement to the company's cash flow!

As for borrowing US dollars to repay RMB, it is even more okay. Anyway, there are transactions between China and Russia, as well as oil trading. At most, the payment is required to be in RMB. This reduces the exchange loss of US dollars, and the company still makes money!

Idiot!

After signing the agreement, Xiao Qi and the Russians both called each other this in their hearts.

Naturally, the Russians can only see what is in front of them. With their wisdom, they can't imagine that the price of oil will soar in the first half of this year, and even rise to the highest price in history of 147 US dollars a barrel.

However, as the U.S. government launched a fierce suppression, oil prices fell. In just five months, oil prices fell to a fraction of all. The lowest price during the year reached about 34 U.S. dollars, which fell below everyone. Glasses.

But at this price, not many people dared to buy it, because everyone was frightened by the price drop, for fear that there would be another avalanche after buying it, and it would directly fall to the oil price level of the 20th century. ——This is the same as our home buyers, buying up and not buying down. So you said how disgusting the experts are, and they have to treat this concept as a bad habit of the Chinese people. It is clearly an idea that everyone has, okay? I have to pretend to be a tall expert, but I don't know how disgusting I am!

In the age of industrialization, petroleum is the blood of the entire industry, and countless industries need the use of petroleum and its derivatives.

A country as big as China, but also a land-poor country, will always be short of oil, no matter how much oil it can eat.

In the previous year, China’s four major oil giants, including China Aviation Oil, bought a total of 4 billion barrels of crude oil, a total of 572 million tons, and spent a full 240 billion U.S. dollars!

But this crude oil seems to be a lot. In fact, China's consumption will reach 380 million tons in 2008, 400 million tons in 2009, and 500 million tons in 2012, and the import ratio has exceeded 53%!

Therefore, if so much oil is calculated, it is enough for 2007, 2008 and 2009, and domestic oil production cannot be stopped.

It is precisely because of such great pressure that Chinese oil companies are thinking about how to buy low and sell high to save a little money, but their so-called experts are stupid~www.readwn.com~ The methods of operation have always been in line with the market. Behaving on the contrary, being scammed again and again is simply speechless.

Xiao Qi did all kinds of things in the oil industry. First, he was not used to seeing others have been pitting Chinese people, and second, he made Niu Ruzheng take more credit. The more stable his backing, the more stable his business will naturally be.

From another perspective, he did this thing, but Tang Mingxiang couldn't do it.

Because Tang Mingxiang’s entire capital has a strong American color, and in the future, Meiji’s wife’s development focus will be in the United States. This kind of pitfalls in Russia and China is not suitable for her, otherwise the United States one by one. It’s time for her agencies and departments to line up to trouble her.

Xiao Qi is different. His roots are in China. The main supplier has nothing to do with the United States and Europe. The product is an absolute industry leader. The application store is so large that even if Americans want to start. When cutting sheep, they also have to worry about the influence. Apart from using commercial methods, they really don't dare to mess around.

After all, in ordinary peaceful years, Americans still have a lot of face. (To be continued. If you like this work, you are welcome to come to the starting point () to vote recommended votes, monthly tickets, your support is my biggest motivation. Mobile users please go to read.)

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