Investor That Can See The Future

Chapter 275

I talked to Hyunjoo’s sister on the phone.

The older sister sighed.

[Another big accident happened. Do you know that the financial market is in turmoil right now?]

What the market hates most is uncertainty.

As a result, when Ronald opened the door to the trade war, stock markets around the world, as well as the parties concerned, fell sharply. Everyone is holding their breath and watching to see when this war will end and how far the aftermath will go.

However, it is China that has suffered the most.

In the week after the trade war began, the Shanghai Composite Index and the Hong Kong Hang Seng Index fell nearly 10 percent. In particular, the stock prices of Weihua, TZE, and Zhaomi, which were designated as targets of sanctions, fell by 20 percent each, and Super Nano fell more than 90 percent as the companies that suffered damage were reported to be compensating for damages.

Zhou Cha, who was blamed for copying Karos technology, was also unharmed.

The Zhoucha side denied it to the end, but the stock price decline was unavoidable. After the announcement, it fell 25 percent, and then fell again on the news that affiliates such as Volvo and Daimler AG were checking whether Zhou Cha had stolen the technology.

In a situation where the global stock market was in a big shock, the Korean stock market could not be safe. Rather, it was good to say that it was hit hard after China, as it is a country with large exports to the US and to the public.

Because of this, individual investors are pouring their curse on me again. For the stock holders, the one who drops my stock is the worst person in the world.

“Is Golden Gate okay?”

[No, we are not alone in our losses. The Chinese branch has an emergency. I also look at the stock market and bond yields every day.]

Feeling sorry for some reason, I said as an excuse.

“Even if it wasn’t for me, it would have started someday.”

[But if it wasn’t for you, it wouldn’t have started now.]

“… … .”

is it?

I changed the topic.

“How is your body?”

[tiring. I hope to give birth soon.]

Even though he said that, his voice seemed bright.

I was worried that preeclampsia or pregnancy depression would occur around me because I was older, but so far there seems to be no problem.

Well, it’ll be fine with Henry and Ellie by my side.

[Wait a minute. I’ll change Ellie.]

After a while, Ellie’s voice was heard.

[Hey, Jinhoo. What time do we get back?]

“I do not know. I’ll take care of this.”

[Hey, then, what do I do because I miss you in the meantime?]

I said with a smile.

“I’ll be leaving soon, so please take good care of my sister in the meantime.”

[Don’t worry. After that, we decided to go to the hospital together.]

After the call ended, Taek-gyu asked, lying on the sofa playing a game on his smartphone.

“Is my sister okay?”

“Huh. No problem.”

In my spare time, I read books about China.

Since China began to reform and open up after loosening its locks, experts have made numerous predictions.

It is divided into several countries, a democratic revolution occurs and the socialist system collapses, falls into the trap of a middle-income country, and so on.

The results were all wrong.

The natural events that other countries experienced in the course of economic development did not happen in China.

The reason the prediction is wrong is simple. There has never been, and will never be, a country similar to China.

Therefore, forecasting by comparing the cases of other countries is meaningless.

Even when China is growing at a rapid rate of close to 10 percent every year, many experts shouted out loudly that China would surpass the United States in the next 10 years.

Everyone knows it’s bullshit now, but back then everyone believed it. However, it is impossible for a country the size of China to sustain such rapid growth.

“Have you ever heard of the new normal?”

Taek-gyu shook his head at my question.

“no. what is that?”

After the global financial crisis, the term “New Normal” became widespread.

A capitalist economy inevitably repeats booms and recessions, rises and falls. However, in the 21st century, low-growth has become entrenched around the world.

There are several reasons. Increased productivity, lack of technological innovation, and reduced consumption.

However, the biggest cause is chronic oversupply. The solution is one of two. reduce supply or increase demand.

It is difficult to reduce supply, so demand must be continuously increased.

So far, emerging countries, especially China, have been of great help. China was the world’s market before it was the world’s factory.

Without China, it would have been difficult to overcome the global financial crisis so quickly.

In China, however, demand has not increased significantly due to the current slowing growth rate, while productivity (mainly transferred or copied from foreign companies) has greatly improved due to technology acquisition.

As China turned from a global market to a global factory, the problem of oversupply got worse. In addition, it is now actively pushing the US out of the high-tech industry and military industry.

Therefore, it could be said that this incident was not just an economic problem, but a war for hegemony between the US and China.

“How will China come out?”

Taek-gyu crossed his arms and said.

“Aren’t we going to get together and start swearing at you?

“… … .”

what am i guilty of

* * *

China’s state-run media, such as the People’s Daily, the Global Times, and CCTV, criticized the injustice of the United States and appealed to patriotism.

In response to the government and media spurring public opinion, the boycott of American products centered on young people and posting certification shots supporting the Communist Party on Weibo spread like a fad.

– Stop the US attack on China!

– I will not use American products.

– We will fight with the party to the end!

– The Chinese people never give in.

-Follow Zhang Pinghua’s comment!

Separately, voices of dissatisfaction erupted here and there due to the fall in stock prices and rise in prices. All economic indicators turned to deterioration, with the employment rate falling and the unemployment rate rising.

President Zhang Pinghua’s concerns deepened.

It is clearly wrong to steal technology through a backdoor. But China had nothing to say.

This is because the United States is also involved in intelligence gathering and wiretapping activities against governments and companies around the world. Britain, Russia and France have done similar things several times.

But they are pushing it as if only China did something bad!

Of course, it is true that China has done it particularly badly compared to other countries. Above all, there is evidence, so there is nothing to say.

In the meantime, China has justified surveillance, wiretapping and inspections based on its own laws. It wasn’t the first time I’ve done this, and I’ve been caught many times.

Each time, they escaped under the pretext of a security loophole or a mistake.

But this time I couldn’t. If only Karos had raised the issue, he would have insisted that it was a manipulation to frame China. However, spy chips were found here and there, so that excuse could not work.

First of all, he is ignoring it by saying that he doesn’t know, but as time goes on, the international public opinion will get worse and worse.

The situation was clearly turning against China.

* * *

Zhongnanhai is located west of the Forbidden City in Beijing.

In the United States, it is like the White House, and has long been the center of Chinese politics. President Zhang Pinghua convened a meeting and summoned members of the standing committee and officials from relevant ministries.

The faces of the people gathered in the conference room were dark. These are the leading beings in China and the highest elite of the Communist Party. As such, he was taking this situation more seriously than anyone else.

President Zhang Pinghua said with a heavy voice.

“What is the current situation in America?”

Minister of Foreign Affairs Changi answered.

“Not good. Republicans and Democrats, as well as public opinion, are on the side of President Ronald.”

When the information leak through the backdoor was confirmed to be true, Americans were outraged. Opinion polls also showed that more than 70 percent of the people supported the imposition of tariffs and related business sanctions.

There is a cause, and there is power. Even here, the approval rating was strong, so Ronald had nothing to fuss about.

Still, if he had been a different president, he would have compromised to some extent in favor of concessions. But Ronald had an attitude to see the end.

This is Ronald’s favorite ‘maniac strategy’.

The problem is that even if you know it, it is not appropriate to set up a countermeasure.

He doesn’t think he can do that unless he’s crazy, but somehow Ronald seems like he can really do that.

The U.S. has already imposed an additional 25 percent tariff on $200 billion of Chinese imports, following $50 billion. It will also impose tariffs on the remaining $250 billion.

Unfortunately, there were not many tools available to China.

Yewerin, a member of the Standing Committee, said.

“How about selling U.S. Treasury bonds?”

While China sold goods to the US, the US sold bonds to China. China is the largest creditor of the United States, holding more than trillion in government bonds.

In the past, whenever there was US pressure, China responded by selling US Treasury bonds. However, given the stable US economy, this means is of little use.

The US is raising interest rates and reducing bond issuance to absorb liquidity. In such a situation, other countries will have to pour out government bonds into the market.

So everyone shook their heads.

“You will end up wasting foreign currency unnecessarily.”

Prime Minister Bo Xiaoyu said.

“A bigger problem than tariffs is sanctions against IT companies. Now, sales in the US, Europe and Japan are completely blocked.”

Asian and African countries, where China’s influence is strong, were willing to watch the situation, but Western countries showed a move to join the US action.

It cannot stand up to the end with the US, admit technology theft and patent infringement, and make an apology and compensation.

Zhang Pinghua thought, tapping the table with his fingers.

‘What should I do?’

When he ascended to the position of president, he promoted the Chinese dream.

The goal was to realize the revival of the Chinese nation and restore its former glory, in other words to strengthen military and economic hegemony to push out the United States and make China the center of the world.(Read more @ wuxiax.com)

He put the plans into action one by one.

The One China (Incorporation of Taiwan into China) principle, the Belt and Road Initiative, African Development Assistance, the establishment of the Asian Infrastructure Investment Bank (AIIB), etc.

Zhang Pinghua has made every effort to elevate China to a position of hegemony.

Did it say that heaven helps those who help themselves? There was also an opportunity for genius Il-woo.

That’s Big One.

The Big One was the biggest disaster in American history. If the United States had not been prepared, millions of casualties would have occurred.

Moreover, the people there are not farmers or workers, but some of America’s best talents.

Had they been wiped out by the earthquake, America’s high-tech industry would have gone back 10 years.

For China, it was a golden opportunity to close the gap with the US and expand its international influence. But that opportunity vanished in vain.

Silicon Valley was destroyed by earthquakes and tsunamis, but the talents gathered there moved to another place, creating another Silicon Valley in the United States.

‘Did Jinhoo Kang ruin the Chinese dream?’

That alone is not enough, and now they are taking the lead in ruining the Chinese economy.

Everyone sitting there thought the same thing.

‘If it wasn’t for Kang Jin-hoo… … .’

He is the hero who saved America. If you do, the US will not stand still.

Above all, it is of no benefit. Jinhoo Kang did not invent self-driving technology, nor did he make OTK batteries. He simply invested in the companies and people that make them.

So, it would be meaningless to come and touch Jinhoo Kang now.

President Zhang Pinghua said.

“Is it possible that no one expected Kang Jin-hoo to do such a thing?”

At those words, everyone’s attention was focused on Li Suwei, Commerce Manager.

He remembered a young Korean man he had met the other day.

‘I hope they find a spy chip and move the United States.’

It is true that when Kang Jin-hoo protested at the first meeting, I thought it funny.

Other companies that have suffered similar incidents have not been able to properly protest, but how dare they raise their voices in front of them.

I thought I would eventually succumb to Chinese power. What is this?

Kang Jin-hoo brought the United States into this work. The problem between the companies of Karos and Zhou Cha has grown on an international scale.

When you think about it, it’s amazing.

‘It’s just that you copied some technology to make the situation this far!’