,

That night, Fang Sheng drove to Baiji and had a set of simple business meals with Tong Guanghui in a secluded teahouse, and then made a pot of top white tea to chat.

Originally, Xu Li intended to accompany her - she was happy to appear with Fang Sheng in a small way to show her presence, but she gave up when she thought about it.

Two other deputy governors gathered together for dinner in private, and seemed too ostentatious in the treacherous officialdom of Baishan.

After three turns and two turns, Fang Sheng’s original intention was soon touched by: Why did Tong Guanghui suddenly jump out of the banking system and get involved in the officialdom that was completely unfamiliar before?

Tong Guanghui turned the teacup, looked at the table with a steady look, and said for a long time: "My father, who came to Baishan, repeatedly told him not to leak the secrets, especially the children in the Kyoto circle; but Brother Fang saved my marriage and was a trustworthy friend, I..."

Before he could finish speaking, Fang Sheng immediately said: "I promise not to disclose it to the third party!"

Tong Guanghui smiled and said, "Actually, my brother's words were recognized by the Kyoto circle for a long time. I am really a villain."

Fang Sheng felt a little ashamed in an instant.

Shu, Tong Guanghui and Qiao Lian reconciled and ran to Bai Ji to find out the inside story. Both things were caused by Wei Junsheng hiding behind the scenes. To put it bluntly, he also had selfish thoughts.

"I guess it should be related to the international trend and financial development direction?" Fang Sheng said.

Tong Guanghui nodded heavily and said, "Decades ago, in order to enter the country, the country promised to open the banking industry during the Uruguay Round Service Trade Agreement negotiations, and at that time, my country's banking market will be opened to all participants..."

"In fact, we have not done so. We have used the special treatment of developing countries to limit market access, making the main business of foreign banks entering the Chinese market basically limited to the "three-investment" enterprises, and it is difficult to pose a threat to Chinese banks." Fang Sheng, who came from the Economics Department, has a good understanding of that history.

"It seems that I can't stand it now."

"Americans are in trouble again?"

"It has been doing things and never treats us as friends. Our lives have been harder and more violent," said Tong Guanghui. "With the huge trade deficit and the transfer of industrial chains, the United States has become less confident. It has begun to find trouble everywhere and compete everywhere, comparing the agreements reached item by item and then criticizing..."

Fang Sheng smiled and said, "From the perspective of the United States, it is not called "superbating accusations", but rather that we lack the spirit of contract."

"Our banking industry is too weak and the financial system is vulnerable. If it is fully opened up as agreed, it will definitely be a complete defeat."

"The automobile industry was also so worried at the beginning. Later facts proved that our automobile industry had not collapsed. On the contrary, we lived a very prosperous life and went abroad to acquire it."

Tong Guanghui still shook his head: "Can the automobile industry compare with the banking system? Bank relations are the cornerstone of the national economy and the foundation of the country. Not to mention collapse, even a little injury is unbearable! China is a savings society, and every household has money to live in the bank. If one day... even if rumors spread that the bank is going to go bankrupt, the bank will be crushed!"

"According to your opinion, what is the weakness of Chinese banks? It should be adjusted in place for decades, so why is it still vulnerable?"

"Traditional ideas and deep-rooted old ideas seriously hinder bank reform, and there is also the terrible inertia, and the mentality of fear of chaos and stability, etc.," Tong Guanghui frowned. "From the root structure and function, there is mainly the problem of professional banks not specializing in it. There is a widespread phenomenon of mixed operations. In addition to traditional banking business, banks can also run trust, insurance, leasing and issuance, and even agency securities business. Long-term credit institutions can issue working capital loans to manufacturers, and short-term credit institutions can also apply for fixed asset loans..."

Fang Shengheshou said: "It is a universal bank that has always been criticized by experts and scholars."

"Universal banks are very popular in the market under the current system. No matter what demand is required, it can be handled by any bank. However, what should we do if the market is liberalized? According to the principle of national treatment, 'When a country gives its own financial institutions direct or indirect financial services privileges or benefits, foreign financial institutions in its territory should also enjoy it'! That is to say, the scope of foreign banking business can also exceed the bank's own business. In this way, the preferential treatment of gradually opening up the financial market that we have worked hard to achieve with the status of developing countries is equivalent to being cancelled by ourselves!"

"Oh, that's a big problem."

"If foreign banks fail to give them appropriate business scope after they enter the mainland market, it will be contrary to the obligations we should assume on the terms of monopoly rights; making them do everything and unfair to our own banks means that the restriction of the symbolic division of labor of the original professional banks has not been cancelled, and the monopoly is retained."

"Listen to Guanghui's analysis, I began to understand your saying, "It seems that I can't stand it anymore" is not an exaggeration."

Tong Guanghui showed a surprised expression: "It turns out that Director Yu didn't tell me anything?"

"I haven't asked..." Fang Sheng was ashamed.

The international diplomatic situation has changed dramatically recently, and the right torture game between major powers has frequently been in full swing, creating many sparks. The most intense one is the battle between the two super aircraft carriers of China and the United States.

The incident started with the Jason Brothers, the largest heavy machinery group in the United States, declared bankruptcy. In a shocking way, European and American analysts discovered that in the past twenty years, a heavy machinery produced by Jason Brothers has been retreating from a 100% global market share to only 9.4% remaining in the first half of this year. This order volume cannot maintain large-scale production at all.

This heavy machinery has been going on for twenty years - and it has been the only one in the world for more than ten years. There is no second company in the world that has the economic strength to build a production workshop, which is said to require $5 billion; it also requires superb steelmaking technology and processing skills, as well as a large number of mid- and downstream supporting industries.

In other words, this heavy machinery is a reflection of its comprehensive strength when industrialization develops to the top level.

It is precisely because this family has no semicolon, but it is an indispensable core equipment for deep mining of large mines. With it, it can nearly double the mining efficiency. The Jason brothers' external offer is US$300 million per set of equipment. After signing the contract, they pay 100 million in advance, and then wait in line. The production cycle is about one and a half years.

As a major mining country, China is often embarrassed and criticized during the procurement process and is labeled as a false hat, such as accusing the mine owner of using heavy prisoners to operate under harsh conditions, accusing engineers of purchasing goods produced by labor reformers, etc., and then raising the asking price in a variety of ways and delaying the delivery time. For example, the central enterprise Dajian encountered a bad thing, with a contract price of US$323 million. A year later, he signed a supplementary agreement on the grounds that raw materials rose and demanded 40 million. When the delivery was about to be delivered, he said that "there was a problem in a certain link" and waited for three years!

The top leaders realize the crisis!

The three years of equipment such as Dajian were when Sino-US relations were pretty good. The heads of state of affairs occasionally spoke on phone calls and "had a wide and in-depth conversation on topics of interest to both sides." Even the Jason brothers were like this. If one day they turned against each other, it would be really a shame.

China did what it said, secretly acquired scrapped equipment in several countries and organized hundreds of experts to conduct technical research!

Four years later, the first heavy machinery produced by a Chinese-funded enterprise was officially put into operation. After it was put into use, it broke down continuously and was stuck in two days. The maintenance personnel did not dare to leave the mine and asked experts to come over to help. The Jason brothers mocked him when they heard about it, and by the way, they increased the price of the Chinese order by 10%.

After three years, Chinese-funded enterprises have basically overcome the minor problems that occurred during equipment work, with a price of 280 million yuan, which basically meets the needs of the mainland mining industry. Since then, the Jason brothers have never taken over Chinese orders again.

As a last resort, the Jason Brothers cut prices for the first time in history to consolidate the already shaky East and Southeast Asian markets.

Three years later, the Jason brothers' orders in Africa, South America and other places all flowed to China, leaving only a few hardcore dogs such as Canada and Australia, but they continued to subscribe in love, but they complained about price cuts from time to time, which made the Jason brothers feel upset.

The situation has been getting worse and worse for several years, and more and more "old friends" secretly crossed Chen Cang to order goods from China. At this time, the Jason brothers had reduced the price to US$120 million, but they could not withstand the huge advantage of 140 million yuan in China.

The dying delay has been delayed until this year. Seeing that executives have resigned one after another, a large number of skilled workers have switched to other companies. The production line has not been maintained for many years, and it is really impossible to support it. There is no need to support the prospects. The Jason brothers had to declare bankruptcy sadly.

There was a joint economic committee in the United States Congress, which conducted an investigation into the incident. It was surprising to find that after the Jason brothers went bankrupt, Chinese companies raised the price of heavy machinery to 220 million yuan. As a result, all buyers, including Europe, expressed their approval. After all, it was much cheaper than the Jason brothers asked for.

The Joint Economic Commission expanded the scope of the investigation and conducted big data statistics on exporters with annual sales exceeding $10 billion in ten years, and came to a sensational conclusion:

The US real economy is recession unstoppable with the momentum of an iceberg, and the industry is transferred to China on a large scale in the form of a complete chain belt; the US market has been quietly occupied by China at an astonishing speed. In less than ten years, supermarkets will not find "Made in the United States" products!

Another big data conclusion is: 80% of the market share of 100 companies that went bankrupt in the United States in the past decade were stolen by Chinese companies. It can be said that the rise of Chinese companies directly led to the decline of American companies!

The whole country was shocked after the report was released.

The Senate and House of Representatives immediately passed a non-binding resolution requiring a comprehensive review of the fulfillment of all China's commitments under the WTO framework; a comprehensive review of the situation of Chinese companies' low-price dumping invasion of the US market; and a comprehensive review of the structural reasons for the huge trade deficit between China and the United States!

There are still a few months in the US midterm elections. The ruling party is worried about the continued decline in the economy, the stock market, and the rocket-like unemployment rate. This report is like a drowning person who has caught a life-saving straw, so he naturally holds it tightly!

Under the auspices of President Rovers, the US government immediately issued more than 20 policies, namely the "Twenty Articles of Rovers", which directly pointed out the structural problems of China and the United States' economy, curbed them in all aspects from import quotas, taxes, import and export controls, quality inspections, etc., and showed a rogue face that they died together.

For the vast majority of people, including Fang Sheng, the information they have reached is nothing more than Americans asking for a lot of prices. China has reasonable and evidence to repay the money on the spot, and finally an agreement will always be reached.

However, things are not as simple as they appear.
Chapter completed!