Reborn Business Tycoon

Chapter 336: Fight against the Tide (6) After Mei Shengcai looked at Yao Yi, he said: "There is no easy explanation for this. Our bank has always been in accordance with the Banking Supervision and Administration Law of China promulgated by the state.

", "Law of China on the Immunity of Property from Judicial Coercive Measures of Foreign Central Banks", "Law of China on Commercial Banks", "Law of China on Banking Supervision and Administration", there are no violations, and all business activities of our bank are legal. As for,

I think the specific explanation is an internal secret of our bank. Just like the business strategies of the five major banks, they will not be disclosed to us. As for saying that you can’t understand our intentions, you can’t blame us. It’s like wearing a blind man.

If you can't see the sun through your glasses, it doesn't mean it's an eye problem."

After hearing this, Governor Guo said angrily: "Are you insulting people?"

Mei Shengcai smiled and said: "I didn't insult you, I just made a metaphor. Don't be angry either."

Governor Qian said: "Okay, let's talk calmly. Mr. Mei, you should explain why 1.2 trillion Chinese dollars are gathered in the bank but not put into the market, causing a shortage of domestic money supply. This kind of thing

Seriously jeopardized the development of the domestic economy.

The angry illustration of Governor Zhong said: "You are hoarding and speculating, and you should be dealt with seriously."

Mei Shengcai said with a smile: "We speculate and hoard strange things. I would like to ask, why do you say that?"

Governor Zhong said: "You are hoarding a large amount of currency at a loss, isn't it hoarding? With so much currency in the bank, isn't the next step going to be speculation?"

Mei Shengcai said: "Haha, if you want to say that, then your China Bank is also hoarding Qiju, and it also hoards a large amount of foreign exchange, ready to use foreign exchange to impact the domestic financial market. That is speculation. How can you

Don’t talk about yourself?”

Governor Qian was a little angry. He was very dissatisfied with Governor Zhong and said: "President Zhong, you have to think carefully before you speak. Don't talk nonsense about hoarding and speculating. It's all nonsense. However, Mr. Mei, you

You haven’t explained the question I just asked yet.”

Mei Shengcai really couldn't answer this question, so he looked at Yao Yi.

The other bank presidents all felt that they had been caught this time to see how good they looked.

Yao Yi said: "Let me explain this problem. I have been abroad in the previous stage. Maybe you are not too clear about what I did abroad. Let me tell you that I have a joint venture abroad with Prince James of the United Kingdom.

They are Global Trading Co., Ltd. and Huanyu International Logistics Co., Ltd., whose main purpose is to engage in international trade. Isn’t our country shouting slogans all day long about strengthening foreign trade exchanges and exchanging foreign exchange? What we want to do now is this, from domestic

I acquire a large number of products and sell them abroad to earn foreign exchange, and my Credit Suisse bank is the guarantor bank of these two companies, providing financial support for their trade activities. Therefore, this money is currently deposited in the bank, which is the most important.

The reason is that I haven’t had time to use it yet. The trading company is making preparations. I have just returned from abroad and haven’t had time to use funds to purchase products from China. Therefore, President Qian’s doubts are correct. My explanation is that this money

It is prepared for the purchase of domestic goods, and there is no problem of being held in banks and causing a shortage of domestic currency. I think the country should prevent and control the problem of excessive currency in the market and inflation."

Governor Guo said: "I think what Boss Yao said is incorrect. 1200 billion, how big a number is it? Did you use so much cash to buy goods?"

Yao Yi said: "You are right. This huge sum of money is indeed a lot to use to purchase goods, but don't forget that I am currently making large-scale domestic investment and construction and feeding tens of thousands of fire victims.

We are also constructing large-scale residential buildings for them. In addition, the current bank branches of our Credit Suisse Bank are temporary branches. We will soon start the construction of head offices in various states. Our floors will exceed your high-rise buildings in the future.

Of course, these are small numbers. The largest number is our cooperation with more than 100 universities. Currently, the country’s funding for further education and scientific and technological research is insufficient. Major universities across the country are in desperate need of support, and many research projects cannot keep up.

on, and we are responding to the country’s call to implement the strategy of rejuvenating the country and enterprises through science and technology, and conducting scientific research cooperation with universities. These scientific and technological research centers require a large amount of financial support. A few days ago, these scientific researchers have been supported by our bank

, we have established cooperation intentions with foreign scientific research institutions. The next step is to build a scientific research center. In this way, our country's scientific and technological strength will be developed. Mr. Qian, you said, my money is used for

Isn’t it much more effective than bringing it to some state-owned enterprises that cannot be supported? My calculations should not be wrong."

Governor Qian couldn't sit still and said: "If you are going to invest money in society so quickly, then I would really think about how to prevent inflation."

Yao Yi said with a smile: "There is no need to rush this matter. I will do it step by step. Even I can't bear it if I invest so much money all at once. Construction investment has its own process. The investment of this huge amount of money actually has a huge impact on the future."

Their five major banks have only advantages and no disadvantages. We invest these funds and return them to society, and their banks can use secret operations to return this money to their banks and then lend it to state-owned enterprises.

Because there is a guarantee from the state, even if those companies fail and suffer losses, their five major banks don't have to worry at all. President Qian will help them smooth out their losses through the money printing machine. Even if they say a thousand words, their five major banks are all

We are relying on the government to make money, but we have to rely on the market to make money. We have no choice but to do this because our country's current financial market is not sound, and there is not even a basic stock market. As a last resort, we can only make money through industrial investment.

Convert bank profits. The reason for this is not because our bank does not want to lend and follow the formal banking business route, but because the domestic abnormal financial market and the reality that the five major commercial banks rely on the state to survive force us to do this. We

It can be said that we are suffering from both ends. We have no guarantee from the government, and we have to bear the high risk that the loan cannot be recovered. So, President Qian, if you really want to ask us what the reason is and want us to explain it, you might as well ask you.

You, because you know best in your heart, what is the problem? Do you think it is?"

Yao Yi's words were astonishing, and everyone was shocked. Even the big bankers in the financial world were shocked to death. They didn't expect that Yao Yi knew so much about China's financial industry and even revealed its secrets. They were all curious.

,How did Yao Yi know these secrets?