Metropolis: From Manager To World Tycoon

Before, Chu Xuan didn't care about the Yue country at all.

I don't know much about Vietnam.

It took a full half an hour to watch.

Chu Xuan learned a lot about the Yue Kingdom.

This is a very strange country.

In other words, his development path was quite unexpected.

Very surprised!

Because, after the 1980s.

Due to the continuous Civil War, Vietnam's economy was in a slump.

And their country does not have much advantage, and the resources are not rich.

How to develop the national economy?

The Vietnamese government thought hard at the beginning.

Finally decided to develop tourism!

And it's tourism with color!

At that time, the Vietnamese government even put forward a slogan.

【Sacrifice a generation of young girls, Fujin Yue Country's economy!】

Just don't exaggerate!

Vietnam also relied on this basic policy to develop tourism.

With this feature, many people from all over the world come here to travel.

And the next-door Human Monster Country also followed the Vietnam 02 Country and developed together with the current situation in Southeast Asia.

Many low-level white people in the West come here for vacation after middle age.

The consumption here is low, the girls are obedient and well-behaved, and they kneel and lick the bottom white men.

Let their vanity greatly increase.

Therefore, the economy of Vietnam and Human Monsters has been continuously developed along with the characteristic tourism industry.

Of course, this was the case back then.

Although this is still the case, the local government is also seeking transformation.

After all, three or four generations of young girls have been sacrificed, and there is no more sacrifice.

After watching all this.

Chu Xuan pondered for a while, and said unexpectedly: "The Yue country actually adopts a fixed exchange rate?"

Everyone nodded.

Vietnam uses a fixed exchange rate.

You know, most countries have floating exchange rates.

For example.

The exchange rate of rice yuan to Chinese currency is about 1:6.5.

And that's how things change.

According to the economic size and development of the two countries and various complicated factors, the exchange rate will change in real time.

And the country of Yue is fixed!

The exchange rate of rice yuan to Vietnamese currency is fixed at 1:2.

In other words, 1 meter yuan can be exchanged for 2 Vietnam currency.

This is to control the exchange rate.

so as not to cause unnecessary losses.

This is also easy to understand. In fact, although the Chinese Dynasty did not adopt a fixed exchange rate.

But it has also been controlling the exchange rate.

If the exchange rate of rice yuan to celestial currency is downgraded.

That is, if 1 meter yuan can be exchanged for more Chinese coins.

Then there will be a trade surplus.

If the exchange rate rises.

That is, if 1 meter yuan can be exchanged for more Chinese coins, then there are fewer.

It will cause a trade surplus. Relatively speaking, the commodities produced by the Celestial Dynasty will increase in price.

Then the international competitiveness will not be strong.

Vietnam adopts a fixed exchange rate, which is also determined according to their own national conditions.

"The data also shows that the current foreign debt of Vietnam is very high, reaching about 300 billion yuan, which is about 2 trillion yuan when calculated as Chinese currency."

Chu Xuan pondered.

The foreign debt of 300 billion yuan is nothing to the Celestial Dynasty.

After all, China's economy is too large.

But for such a small country as Vietnam.

And it is a small country with an underdeveloped economy.

This 300 billion yuan is really a lot.

"I have a plan." After a while, Chu Xuan looked up with confidence.

The old man excitedly said: "Quick, tell me about your plan."

Chu Xuan nodded, stood up, walked to the side of the giant PPT screen, and said.

"As you can see, Vietnam currently adopts a fixed exchange rate."

"1 meter yuan can be exchanged for 2 Vietnamese currency."

"Also, Vietnam's current foreign debt is very high."

"Suppose I have a total of 300 billion yuan of funds in my hand."

"First of all, I will allocate 200 billion yuan to short the Vietnamese currency."

"I will split the remaining 100 billion yuan into 10 shares, each with 10 billion yuan."

"First take 10 billion rice yuan and go to Vietnam to exchange for 20 billion Vietnamese currency."

"Another 10 billion rice yuan will be exchanged for 20 billion Vietnamese currency."

"Repeat this operation 10 times."

"When I finished all the exchanges, I had 200 billion Vietnamese currency in my hand."

"The 200 billion yuan of Vietnamese currency is nothing to my country, but it is a lot of money to Vietnam."

Everyone nodded, indeed.

Vietnam is too small, and the economy is really poor.

Even the economy of the whole country of Yue is not as good as that of a poor province in the Chinese dynasty.

are highly dependent on other countries.

Chu Xuan continued.

"Everyone, we have such a huge amount of Vietnamese currency in our hands. If we ask for all the 200 billion Vietnamese currency to be converted into rice dollars, what kind of impact will it have?"

"Boom!"

Everyone's heads were buzzing, followed by a shock!

The faces of the ten experts showed horror.

Looking at Chu Xuan in disbelief.

What will happen if all the 200 billion Vietnamese currency is converted into rice dollars?

If such a huge amount of funds is slowly exchanged, it will not have much impact.

But if all of them are smashed out at once, they will all be exchanged for rice yuan.

Then there will be a situation!

Massive selling is bound to cause panic!

Under the massive smashing of 200 billion Vietnamese currency, the market will form a panic market.

At that time, people will also scramble to sell the Vietnamese currency in their hands.

Convert all the Vietnamese currency into rice yuan.

This is equivalent to that everyone does not want to cross the national currency, but wants rice yuan.

Therefore, the Vietnamese currency is facing pressure to depreciate.

The exchange of Vietnamese currency into rice dollars has to go through the State Administration of Foreign Exchange of Vietnam. 347

In exchange for Vietnam's foreign exchange reserves (in rice dollars).

But the country of Yue is a country with a not very developed economy, and its financial system is not perfect.

Foreign exchange reserves are very low, and foreign debts of 300 billion yuan are owed.

Therefore, the country of Yue cannot afford to exchange it at all!

Not so many rice dollars to exchange!

what to do then

Helpless, in the end, we had to abandon the fixed exchange rate and turn it into a real-time exchange rate.

In this way, the original 1 meter yuan can be converted into 2 Vietnam currency.

Now after a sharp depreciation.

1 meter yuan can be converted into 20 Vietnamese currency.

Directly depreciate ten times!

Previously, Chu Xuan took out 200 billion yuan early to short the Vietnamese currency.

The depreciation is 10 times, which is equal to 2000 meters without directly turning into 2 cubic meters!

As for the last remaining 1,000 yuan, just treat it as a loss.

After all, it is under 2 trillion profits.

The 100 billion yuan is not worth a question at all.

And it must be a loss.

Otherwise, the result of short selling will not be achieved at all.

"High! It's really high!"

Jiang Wenqiang was the first to react, and slapped his thigh suddenly, admiring loudly.

The rest of the people also reacted immediately.

They all praised and expressed excitement.

Really high!

This trick will directly make a lot of money!

Moreover, it also dealt a heavy blow to the economy of Vietnam!