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Chapter one hundred and fifty-four Gambling (subscription)
It is the 26th day of the twelfth lunar month when I return to Saigon again. The citizens are busy with the Chinese New Year, and senior government officials and members of parliament are busy preparing for the constitutional convention after the new year.
Li Minwu is going to fly to the United States. I don’t know when he will come back. Wu Tingyan and Dinh Nhu Ngo pushed everything aside and started a "three-person meeting."
"This year is an election year. It is reasonable to say that Eisenhower can’t even say that this kind of thing is not until the last moment. It is as risky as not betting too much. Taiwan Province, who was at that time, didn’t get any arms embargo assistance because of the wrong bet."
American policy toward Vietnam is very uncertain. Eisenhower, though unreliable, intended to change people during the coup, but he supported South Vietnam after all. Without his help, this situation could not have happened.
Wu Tingyan hated Eisenhower’s "betrayal" and worried that he would not be as silent as Eisenhower for a long time. He looked up and said, "The people are right. We should make more preparations."
Although the new husband of the Ministry of Foreign Affairs is an ambassador to the United States, the United States has no connections, let alone no influence. Now the government can go to the United States to run around.
Dinh Nhu Ngo took a deep breath and said sideways, "People’s diplomacy can trouble you."
Li Min took out a stack of papers from his bag and smiled bitterly. "It’s not that outsiders bother to talk about it. It may take a long time to go out this time. It is necessary to conduct a second round of investment promotion, sell the third phase of industrial investment bonds, organize industrial village enterprises to participate in exhibitions in several countries in Europe and America, and learn about those representative offices on the spot."
"Don’t worry, I promise that’ people who do business’ will not be disturbed. You are different."
"I’m relieved to have Mr. Yan."
The first few pages of the document are roughly scheduled until June. Wu Tingyan turned to the last few pages and asked, "What is this? Is it wrong?"
"That’s right"
There are industrial investment companies, infrastructure engineering departments, bulk equipment purchase lists, payment methods, industrial village enterprises, exchange of foreign exchange applications, and plans to exchange foreign exchange to purchase machinery and equipment suppliers or financial documents abroad, which are actually stamped with top secret stamps.
Wu Tingyan was confused, and so was Dinh Nhu Ngo.
Li Min pointed to the settlement method and date and said with a smile, "From the beginning of the month to the end of this year, the industrial investment company, industrial village enterprises imported equipment and set the settlement date of sterling after November."
Wu Tingyan put the file in confusion and asked, "What if the machine waits for the other party and doesn’t agree to settle in November?"
"The Bank of East Asia promises to settle the amount of pounds in November with the acceptance bill, which is different for equipment manufacturers or Chinese businessmen to get the payment earlier or later, and they can pay the acceptance bill as cash to their accessories or raw materials suppliers in this period."
Wu Tingyan doesn’t understand finance as much as Dinh Nhu Ngo does. Anyway, there is no stranger here who curiously asks, "The reputation of the People’s Bank of East Asia is definitely fine. The other party should be able to accept it, but the bill of exchange is based on the amount of payment … how can it be used as cash?"
"You mean what if the other party has to pay more money for the home draft?"
"hmm"
"This problem is very easy to solve. If there is less money, you can directly make up some money. If there is more money, you can go to the branch or branch of the Bank of East Asia to open it. Anyway, it is troublesome to pay foreign exchange at maturity."
"What’s the trouble?"
Because I think the pound will depreciate, this way of payment can save money for companies and industrial village enterprises, and it is a lot of money.
Since the end of World War II, Britain’s strength has continued to decline and its economy has shrunk.
The current Prime Minister Aidan’s support rate is low, and a large number of young conservatives who will not threaten their position have entered the management. The opposition party and Conservative politicians are very dissatisfied, and the people are also dissatisfied with the government. Strikes are frequent social shocks.
The devaluation of the French franc is not surprising.
However, you can think of the risk when signing the goods contract, just like others.
Wu Tingyan feels that it won’t save much money. Dinh Nhu Ngo Zegong Investment Co., Ltd. has no money and Bank of East Asia doesn’t have so many foreign exchange offices to come up with such a troublesome settlement method.
"You misunderstood me. I meant the Suez Canal."
Li Min took a sip of coffee and patiently explained, "The countries striving for national independence are not the same as those in Vietnam and the Middle East. In the past, Egypt called for the recovery of the Suez Canal, and Britain, France and Israel were very stiff."
Last year, the President of Egypt said twice that he would take back his business by force, which directly led to Israel’s two general mobilization, each of which lost more than 10 thousand dollars. Nasser is running for the new president, and his support rate is very high. If other channels are sure to take action. "
"The British Canal Company has shares!"
"It is the Aidan government that will not allow the British people to take military action with France and Israel, and the financial pressure will be even greater and the economic situation will be even worse, not to mention that the Suez Canal will not be navigable once it is fought, and British tankers can bypass the Cape of Good Hope."
Wu Tingyan, the economy of western countries, reacted directly to the oil price and nodded again and again. "If we depreciate, we can save a lot of foreign exchange. If we don’t depreciate, we won’t lose money."
"Mr. Yan, the industrial village needs development funds. I not only want to cut costs, but also intend to source funds. In addition to asking companies and industrial village enterprises to settle accounts in this way, I also want to gamble on the international foreign exchange market and oil futures market. If I win, I will not pay for the first phase of industrial investment bonds, and I am planning to start the four industrial villages together."
There is no doubt that he wants to gamble.
Wu Tingyan asked without worry, "What if I lose?"
"The British economy is like that. The pound may depreciate, but it can’t appreciate. It can’t lose anywhere. At most, it will cost a little."
Xiao Boda can try. After all, he is not. He is the country himself.
Wu Tingyan weighed it and asked, "Do you have any specific plans?" “ ` ` w w w ` ` “““ “`
Li Min said with a smile, "For equipment suppliers and Chinese businessmen, this is how we explain that although most banks in East Asia are in Vietnam, Hong Kong has a longer history and can move more pounds than dollars. It will be delayed until November."
The United States has indeed increased a lot of American aid, but it has really flowed into Vietnam. Most of them purchase machinery and equipment from American companies and some urgently needed businesses according to the "business import plan". It is normal for Vietnamese Chinese businessmen, Hong Kong to be close to the Bank of East Asia and Hong Kong to own pounds.
The State Bank and the State Administration of Foreign Exchange are still in the hands of the French, and the Bank of East Asia plays the role of "central bank" to some extent.
Industrial investment companies and industrial village enterprises have to apply to the Bank of East Asia for foreign exchange if they want to import equipment, but the explanation that the Bank of East Asia has more pounds and Hong Kong dollars than US dollars can make sense, and others will not be suspicious.
Li Min paused and continued, "I will try my best to borrow money when I have enough money. Mr. Guo and Mr. Liu’s American aid management group have coordinated to set the exchange quota of 160 thousand US dollars in January this year, so I have an excuse to borrow money from my peers."
If you want to speculate, you have to have foreign exchange. Vietnam can’t borrow it. Dinh Nhu Ngo asked curiously, "Who are you going to borrow?"
"On the wedding day, Jiang Enkai told me about the establishment of diplomatic relations between the two countries. I don’t think they will be satisfied with ministerial diplomacy. If Mr. Yan and Mr. Yan agree, I think this condition allows them to borrow a short-term loan."
If you can’t afford to borrow one or two million dollars, you must look at the surrounding countries and regions and borrow money from Taiwan Province.
Wu Tingyan smiled and asked, "Are they willing to borrow it?" Thinking that the difficult brother was not a little stingy and had received millions of Piast’s aid since last year.
"Short-term loans can be turned over in a few months. Besides, the skinny camel is 120 million dollars bigger than the horse, and they can still take it out."
Wu Tingyan really has a little sense of superiority in front of Taiwan Province. It has always been Taiwan Province’s desire to establish diplomacy. Because of the common sense of the United Nations, they need to feel the need to show their "great power status" in this way.
Wu Tingyan weighed it again and laughed. "Go and talk to them about raising the ministerial level diplomacy to the ambassadorial level if they want an interest loan of 20,000 US dollars."
The government can’t help without a little benefit.
Li Min looked back at Dinh Nhu Ngo and said with a bad smile, "They don’t calculate interest. I will calculate interest to the government. In addition, I will squeeze out part of it to develop the military industry in the future."
The industrial village plan is like a bottom hole, and no amount of money can be thrown into it.
Nevertheless, Dinh Nhu Ngo was determined to support it. Because of the success of the industrial village plan, the government would not be subject to people everywhere as it is now. He calculated a little cigarette and said, "I haven’t moved when you need me to get people to transfer their passports to overseas nationals."
"thank you"
Wu Tingyan sighed lightly and said solemnly, "Why are you ashamed that a president can’t take money when he is most short of money?"
He means that he can’t move the foreign exchange reserve of the national bank. It’s quite humbled for Li Min to immediately change the topic. "In addition to borrowing money from the Republic of China, I’m going to borrow some more commercial money from Chinese banks in Southeast Asia. There must always be a name for the industrial investment company to set up an airline to make it look like that."
To set up an airline, it takes a lot of money to buy a plane.