Rebirth without Regrets

Chapter 533 The storm is about to rise (1)

Perhaps it was because everyone seemed a little absent-minded, and this meeting was originally just a formality, and its political significance was far greater than its practical significance. The real issues related to the institutional organization and policy outline after Hong Kong's return to the motherland are specialized agencies and organizations.

Strict discussion and deliberation can never be achieved through exchanges at such a meeting. Therefore, it ended hastily before long.

"Xiaohan, come with me!" The leader talked to everyone for a few words, then turned around and walked out without saying a word to Leng Binghan.

This order from the chief was really unexpected. Even Leng Binghan himself was stunned, wondering what the chief had to say.

However, since the chief has spoken, he cannot disobey him. There must be only two people in China who dare to say "no" to this old man. Leng Binghan had no choice but to say that he wanted to come over and have a good chat with him.

After reminiscing about old times, Mr. Huo, Zhu Jianjun and other "old acquaintances" smiled helplessly, indicating that they would come back to visit later, and then hurriedly followed the leader and walked out of the reception room.

The chief did not leave the Diaoyutai State Guesthouse, but was guided by the staff to a room near the reception room. Although the chief did not give an order, after he walked out of the reception room, there was still a large group of staff under the leadership of Zeng Fengping.

Follow closely behind and be ready for dispatch and instructions at any time.

Of course, these staff members also have divisions of labor in terms of levels and work content. Some may have access to some secrets, while some may not even be impressed by the chief.

And many staff members looked at Leng Binghan with great envy. You must know that the rank is the descendant of the chief himself, and his elders have not paid much attention to him. This young man can win the favor of the chief at a young age. In the future,

The future of development is still not flat, but skyrocketing?

Entering the room, he had already turned on the air conditioner slightly. After all, the weather was already relatively hot in the capital in May, and the chief was old. Although he had been cured by Leng Binghan and treated by many health doctors, his body and bones had greatly improved.

recovery, but far less acquaintance than that of young people.

"sit down!"

The chief himself sat down on the sofa first and pointed to the seat next to him.

Leng Binghan sat down as he was told.

Zeng Fengping quickly stepped forward to make tea for the leader and Leng Binghan, then left and closed the door.

Logically speaking, given Zeng Fengping's level, he does not need to do things like making tea himself. He can completely instruct the hotel's carefully selected waiters or staff to do it. However, in these details, Zeng Fengping

He will always do it by himself, not by artificial hands. He will not be naive to think that Leng Binghan should make tea by himself at a young age. He is the kind of person who understands his position very well, and he understands Leng Binghan even better.

The value and importance of Leng Binghan, therefore, from beginning to end, he never regarded Leng Binghan as an ordinary young man, and he always had a lot of respect and respect.

Perhaps this is one of the main reasons why Zeng Fengping was selected by the chief to stay with him as his secretary.

"Xiaohan, seeing that Hong Kong is about to return, I, an old man, can open my eyes and look forward to this day. Even if I see the five-star red flag flying in Victoria Harbor, but my long-cherished wish comes true, it's all thanks to you..."

The leader looked at Leng Binghan with a gentle expression and a grateful face, and said slowly.

"Grandpa, please don't say that, these are all what I should do." Leng Binghan put his hands on his knees and said respectfully: "Compared with what grandpa has done for the country, Xiaohan is really ashamed."

This is not Leng Binghan's flattery. His respect and admiration for the chief cannot be described in words. For this old man who created a new era, Leng Binghan in his previous life had thought more than once, if he

If the old man can live for another ten or twenty years, China's development and international status will definitely be even more amazing.

Leng Binghan feels extremely honored to be able to extend the life of the leader in this life, allowing him to continue to shine for the country and lead China to stride forward.

The leader smiled, picked up the tea cup, took a sip, and said: "Hong Kong's return is only the first step in a long march of thousands of miles. Many media in Western countries claimed that it was wrong for mainland China to take back Hong Kong. The Chinese government cannot manage Hong Kong, and the return will only

Let Hong Kong, the shining pearl of the East, fall into death. Our work and mission have a long way to go!"

After speaking, the leader sighed softly and looked a little solemn.

Leng Binghan smiled slightly.

In fact, on the eve of Hong Kong's return, pessimizing Hong Kong was the "main theme" of the Western media ensemble.

The way the British and Americans handle Hong Kong news is to regard Hong Kong as "a place about to sink." In November 1996, the New York Times of the United States once said: "There are more and more signs that when China uses Hong Kong to

When Hong Kong loses sovereignty, Hong Kong citizens will lose many freedoms."

And Leng Binghan still remembers that in his previous life, just before the return of Hong Kong, "Fortune" published an article by Louis Kral, the magazine's Asia reporter, asserting that Hong Kong's future would be bleak after the return: "Beijing will control all departments of the Hong Kong government.

English will be replaced by Mandarin, the streets will be filled with People's Liberation Army troops who collude with the underworld, foreign businessmen will withdraw due to unfair treatment, and the RMB will replace the U.S. dollar and be pegged to the Hong Kong dollar..." The cover of the magazine read several large words

The words: "Death of Hong Kong". As soon as the report came out, it immediately caused a sensation around the world.

It can be said that when Hong Kong's return becomes an irreversible historical trend, the eyes of the whole world are gathered here, watching helplessly what kind of fate Hong Kong will usher in after its return? It is just as predicted by Western countries.

"Sink and die", or will the policy of "one country, two systems" bloom with new vitality and write a new chapter of development in the mainland?

At this critical moment, under the ridicule of Western countries, and with most Hong Kong people still holding a wait-and-see attitude, and even some people are distrustful and emigrate overseas, the Chinese government is under tremendous pressure. If it is not handled well

Hong Kong affairs will not only become a laughing stock when Hong Kong returns to China, but also the subsequent return of Macau will be difficult. No one will even have confidence and hope in the Chinese government.

Under this severe international situation, the Chinese government can only succeed and cannot fail.

"Facts speak louder than words. History will record everything truthfully and will remember this moment." Leng Binghan said calmly, his tone full of determination.

"Oh?" Hearing that Leng Binghan was so confident, the leader smiled and seemed to be in a much better mood. He joked: "You little guy, how come you look more confident than me?"

"Of course!" Leng Binghan raised his eyebrows and said: "Hong Kong was originally a part of China. Everyone has the same blood. They are all descendants of Yan and Huang, descendants of the dragon. In addition, the Chinese people are the most intelligent and diligent nation in the world.

After Hong Kong's return to the motherland, its ties with the mainland have become even closer. With the mainland's 9.6 million square kilometers of fertile land, a vast market of 1.2 billion people, and the full support of the mainland people, Hong Kong's development will surely change with each passing day. Even if there are some problems at the beginning,

Difficult, but believing that being part of a prosperous China almost guarantees that it can prosper forever."

After listening to Leng Binghan's words, the chief suddenly raised his thick eyebrows, glanced over with cold eyes, and a smile appeared on the corner of his mouth. Then he asked casually, "What do you think of things in Thailand?"

Leng Binghan didn't seem to expect that the leader's topic would suddenly switch from Hong Kong to Thailand. He was stunned for a moment before he understood what the leader was referring to. He smiled and said, "It's just begun."

In March this year, the Central Bank of Thailand announced that nine domestic financial companies and one housing loan company had problems with low asset quality and insufficient liquidity. This was tantamount to sending a signal to the international financial giants to launch a general offensive.

International speculators and arbitrage funds led by Soros' "Quantum Fund" swarmed in and began to sell a large amount of the Thai baht they had purchased some time ago.

The Thai foreign exchange market immediately became turbulent. The exchange rate of the Thai baht continued to decline, and the price against the US dollar quickly fell to the bottom. Seeing that the situation was not good, the Central Bank of Thailand urgently launched a response mechanism, mobilizing more than 10 billion US dollars in foreign exchange to purchase Thai baht in large quantities, and at the same time increased overnight lending.

Interest rates limit the lending behavior of domestic banks.

It should be said that these emergency measures greatly increased the transaction costs of various funds, causing some losses in the initial stage, but they still had a certain effect. However, with the large investment of international speculators' funds, overseas tourists also poured in in large numbers, and their influence on the Thai baht

The attacks were getting stronger and stronger. The major exchanges were in chaos, the Thai baht continued to plummet, and traders sold wildly, as if the end was coming. The Thai government immediately stepped up its intervention, using US$30 billion in foreign exchange reserves and a

International loans of more than 10 billion US dollars were attempted to turn the tide, but by this time, the situation was irreversible. A mere tens of billions of US dollars was a drop in the bucket for the influx of funds.

The incident in Thailand has also attracted the attention of other Southeast Asian countries.

"Oh?" The chief raised his eyebrows slightly, obviously finding Leng Binghan's answer interesting, and asked in a deep voice: "You mean, the scale and extent will worsen?"

Leng Binghan nodded heavily and said: "The economies of Southeast Asian countries have developed too fast in recent years, focusing too much on the development of financial market functions and neglecting infrastructure construction. Such economic development, or economic prosperity, is just an illusion, a bubble.

Economy. Their currencies in the financial market are nakedly exposed to other people's guns, without protection, and there are too many hidden dangers. As a result, it is natural for arbitrage funds and national hot money to take action against them. This is like

A three-year-old child is walking in a busy city with a pile of priceless jewelry, and anyone is willing to snatch it away!"

"So you took action too?" the chief asked with a smile.

Leng Binghan scratched his head, blushed for a while, and said with a smile: "Of course, don't let this money go to waste. Anyway, these Southeast Asian countries are feeding unfamiliar wolves. It can teach them a profound lesson and let them know how to behave in the future.

Not bad."

"You are right, but..." The chief's thick eyebrows frowned slightly, and he said with a serious expression: "But if it is according to what you said, it has just begun, and the storm will get bigger and bigger, and sooner or later it will affect us."

Leng Binghan smiled and said: "At present, our country has not joined the WTO, and its economy has not really integrated with the world economy. It is unfavorable to external development, but its self-protection ability is very strong. Therefore, this financial crisis will not have a great impact on us.

It will be huge. At most, the export industry will be affected to some extent and export volume will decrease. But fortunately, Southeast Asian countries are not our main export markets for foreign exchange earnings, so the impact will be limited..."

"What about Hong Kong?" the chief asked with some concern.

Leng Binghan smiled, knowing that this was the key point that the leader wanted to tell him.

The handover of Hong Kong is imminent. If the country had just exercised its sovereignty and was hit by the financial turmoil, it would undoubtedly be a disaster for the already fragile public sentiment.

"Grandpa, please rest assured that no matter how large the scope, intensity or duration of this storm is, the impact on Hong Kong will not be too great."

"You mean that international funds and hot money will not take action against Hong Kong?" the chief asked, staring at Leng Binghan, his words seeming a little unbelievable. Since these funds dare to target Thailand and Southeast Asian countries, there is no

Is the reason to just let Hong Kong go? What's more, even if those international speculators don't move, it's hard for the chief minister to believe that Western countries will not take advantage of the situation and push it behind the scenes to damage China's international image.

"Of course not." Leng Binghan replied: "These arbitrage funds are all profit-seeking people. In their eyes, Hong Kong is also a piece of fat, and of course they will not fail to take a bite."

"The motherland, the mainland, is the strong backing of Hong Kong. Aren't they afraid of our Chinese government's determination to rescue the market?" The chief executive said loudly, with a glint in his eyes: "After all, the market trend is far less likely to be affected by technology than by fundamentals.

The influence of strength. Hong Kong’s own foreign exchange reserves are huge, and coupled with our country’s foreign exchange reserves, international funds and hot money, we may not necessarily have an advantage.”

Hong Kong has just returned to the motherland. Maintaining the stability of the financial market is not only out of economic necessity, but also out of political necessity. It is inevitable for international funds to take action against Hong Kong and the central government to respond strongly.

However, the chief's demeanor was not relaxed.

Due to historical and practical reasons, people in the domestic financial sector do not have as thorough a understanding of the international financial situation as experts from Western countries, especially due to years of isolation and lack of practical operational experience. This will be difficult to make up for in the short term. Although

The central government and the Hong Kong SAR government have joined forces and are strong, but no one can make an accurate estimate of how huge international hot money will be until the last step.