Chapter 2720 Conditional Aid
Ying Yiwei sent Mu Guoxing the newspapers of major European media published that day. This was Mu Guoxing's habit. He paid great attention to the public opinion of the news media wherever he went and kept abreast of the changes in the world situation.
An article in the Times, "A dying Europe urgently needs to find a way out" attracted Mu Guoxing's attention. The title of this article is very inciting and tempting.
The article reads: In order to save Greek and European banks and prevent financial problems from spreading to Spain, Italy and even France to avoid the collapse of the euro zone, several marathon-style meetings have proposed packages of suggestions this week, but they all rely on large or even trillions of dollars in cash. Who should they ask for help? The answer is obviously China.
This article also revealed a news: French President Babuch called Chinese President Song Hailin for help this week, which means that there have been major changes in the global landscape. China's economic advantages have been consolidated, while the interests of old powers such as the United States and Europe continue to be eroded. The reality is that Europe itself cannot raise funds. The United States can only stand aside due to economic and fiscal issues, so the emergency call for help is not unexpected.
What should China do? Next, the article came up with an idea with a savior attitude: So far, China is still unwilling to act as a funder for European countries full of crisis, but it is becoming increasingly difficult to stick to this position. China is a major exporter in the world, and it is especially in China's interests to prevent debt-ridden European importers from falling into collapse. China must aid the European Financial Stability Fund or acquire European bonds in order to provide assistance to Europe. Or it may aid Europe in a curve by increasing capital injections into the International Monetary Fund (IMF).
The article concluded at the end: In the long run, the benefit of direct aid in China is to use its strength to obtain direct and tangible benefits. The article also quoted French President Babuch: If China, which has 60% of the world's foreign exchange reserves, decides to invest in the euro instead of the US dollar, why should we refuse? Europe hopes that China's investment can reach 100 million US dollars.
Seeing this, Mu Guoxing laughed. These Europeans are so naive and cute. They regard themselves as world leaders everywhere. They were about to go bankrupt and urgently needed the rescue of China in terms of economy, but they still couldn't put down their airs. This was like a beggar who went to the rich man's home to seek alms, but insisted on telling his master what I did when I was rich. This is really a vivid Lu Xun pen.
"It seems that Britain is building momentum."
Mu Guoxing saw through the purpose of publishing this article at a glance. They must have been instructed by British politics. Otherwise, with such a newspaper, how could they know that French President Babuch had called the Chinese President? Even the words of the French President were published.
"Director Ying, go and invite Comrade Peng Junming and Wei Qiangchen to come over."
When Peng Junming heard the No. 7 invite him and Wei Qiangchen to go over, he quickly understood that what he wanted to talk about was economic matters. If it was a foreign work, Mu Guoxing would not let Wei Qiangchen, the director of the Foreign Exchange Administration and the president of Guotou Company, go there together.
"We are going to the UK tomorrow. Today, I invite you to come here and have some things to talk about. You can first look at the article in this newspaper."
As the deputy director of the Foreign Affairs Department, Peng Junming is naturally effortless to read English newspapers, but Wei Qiangchen's English level is not very good. In some places, Peng Junming still needs help translate it.
Ten minutes later, both of them finished reading the newspaper, and Mu Guoxing asked, "What do you think of this article?"
Peng Junming looked at the problem and pointed it out: "This is the British political entrepreneurship that is building momentum in advance."
Wei Qiangchen continued: "It's just that their method is too stupid and has exposed their true purpose in advance."
Mu Guoxing nodded: "If the British political team really put forward this advice, what countermeasures should we take?"
Peng Junming and Wei Qiangchen looked at each other and they did not dare to speak easily about such major events that were related to national interests.
"We all obey the central decision."
Mu Guoxing laughed: "Comrade Qiang Chen's words are correct in principle, but the central government should also solicit opinions from all aspects before making a decision. Our visit to the three EU countries is actually an economic foreign exchange, and you two have the right to say in this regard."
"Long, my suggestion is to support the EU with limited or conditional conditions. Since we sold US bonds in large quantities, US$3 trillion has been stored in banks in major countries around the world. Over the past two years, although we have increased our import efforts, we still have accumulated a lot of foreign exchange. As of the end of last month, our foreign exchange deposits around the world have reached nearly 5 trillion. Such a large amount of money is placed in foreign banks, like sitting on a time bomb. Since we no longer buy US bonds, we must always find a way out for this money."
Mu Guoxing looked at Wei Qiangchen with a smile. He thought that what Wei Qiangchen said was reasonable, and he was indeed in the position of Director of the State Administration of Foreign Exchange and considered the issue more comprehensively.
"Comrade Qiangchen's words make sense. Although we have been encouraging Chinese companies to go global and increase investment abroad over the years, the purpose of which is to find a way out for this money, due to many restrictions and insufficient preparations from domestic companies, foreign exchange reserves have not decreased but have become more. We are indeed looking to find a way out for this money."
Peng Junming is just a foreigner, and he is not so good at economics. After hearing Mu Guoxing's words, he was also secretly happy. Now the United States and the European Union are worried about lack of money, while our leader No. 7 is worried because he has too much money and has no place to spend it. This is really interesting.
Peng Junming was thinking about it here. When he saw Mu Guoxing's eyes looking at him, he knew that he should make a statement: "Long, there are still several aspects that have not been resolved in the conflict with the EU. First, the EU has not recognized the full market economy status of our country. Second, the EU has not recognized the RMB as an international currency. Third, the EU has restricted our military embargo and high-tech technology. Fourth, the EU has imposed trade sanctions on us. If the EU can make concessions in these aspects, I agree with Comrade Qiangchen's opinion and can take out some foreign exchange reserves to save the EU's economy. A stable and prosperous EU is also in line with China's interests. We have helped the EU at this moment, which is actually equivalent to the second and third brothers joining forces to deal with the United States, the boss."
Mu Guoxing laughed and thought to himself that Peng Junming still has a good idea and has a very accurate grasp of the international situation. The four conditions proposed are also of practical significance.
"Comrade Junming's suggestion is very good. I think one more thing should be added, that is, the EU must come up with a practical economic restructuring plan, and we must participate in the EU's economic recovery mechanism reconstruction activities. We just want us to pay, but we don't want us to participate. This is absolutely not possible."
What does it mean to be far-sighted and ambitious? Mu Guoxing's words are the most accurate manifestation. Peng Junming and Wei Qiangchen looked at each other. If you use the admiration of the five-body feeling of the two, it would be no less accurate.
China is rich, but this money is exchanged for more than one billion people's blood and sweat. It cannot be used casually for these Western countries to enjoy. China is not rich now, and the living standards of ordinary people are still very low, and there is still a huge gap with those of the EU. If you don't have any conditions to help the EU, then those who wear straw sandals will help those who wear leather shoes.
If you follow Mu Guoxing's idea, you can not only find a way out for China's huge foreign exchange reserves, but also ensure the safety of the loaned funds. Most importantly, participating in the EU's economic restructuring plan can also enhance China's voice within the EU and gradually control the EU's economy.
Wei Qiangchen said: "Long, I think the EU may partially agree with the conditions we have put forward, but it will definitely not allow us to participate in their economic restructuring plan.
The 10th update of the smile was completed as promised. The 18th update of the two days was nearly 50,000 words, which made the smile so tired that they were dizzy. However, seeing the flowers growing so strongly, Wei Xiao felt very happy. Thank you for your strong support from the book friends. I hope the flowers will come more violently and make our "Sky Eye Life" continue to be prosperous.
Chapter completed!