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Chapter 1042 Hegemony is about to end

Spring goes to summer solstice.

In May, several French cities signed the Belt and Road Initiative, and Lyon and the provincial capital became friendly cities. The two sides will carry out closer cooperation in the field of high-tech, especially in the field of new energy.

In June, the AIIB welcomed several Western and North African countries including Ghana, Morocco, Libya, Togo, etc. At the same time, the AIIB launched the approval of the third batch of infrastructure investment projects for Africa. In the same month, China, France and Japan promised to invest a total of US$50 billion in additional investment for the AIIB.

In July, China and France jointly won the construction projects of multiple infrastructure such as roads, railways, bridges, reservoirs, etc. in many countries in North Africa. In fact, this is also a continuation of the previous cooperation between the two countries, because as early as a few years ago, the two countries joined forces to destroy the plans of many other countries, and successfully opened up the number one railway tunnel in Africa, the Gantas Tunnel.

The cooperation between the two countries, especially in the field of infrastructure in Africa, has a foundation.

However, this time the cooperation between the two sides has become stronger.

That same month, with a Monday report by Morgan Stanley analysts containing content that included "2018 will be the most turbulent year since the financial crisis", everyone in the economic field turned their eyes to Wall Street.

——In just a few months, many countries, including the mainland, have begun to collectively sell US debts.

Due to the continuous price increase of global consumer products in the past six months, North America's credit card default rate and bad debt rate have also continued to rise. In the first quarter, the credit card loan default rate of small banks in North America has risen to 6.8%, surpassing the peak during the financial crisis. At the same time, the credit card bad debt rate of small banks soared to 8.7%, reaching the highest point of the financial crisis.

All of this seems to predict that the subprime mortgage crisis ten years ago is reappearing.

...

The capital, in an inconspicuous small courtyard.

In the study, an octogenarian was sitting on a chair, holding a magnifying glass in his hand, slowly reading the news towards his mobile phone.

On the upper floor of the bookcase behind him was a drone of Jingwei, with several chips displayed next to the drone, including a central processor and flash memory chips.

On the left side of his desk was a box of sugar cakes from Shanghai specialties.

The old man looked at his cell phone for a while, stood up and moved his muscles a few times. His eyes looked out the window, and suddenly his face was happy.

——His “little” friend is here.

...

Su Yuanshan was drinking milk while eating pastries, looking like he was hungry for three meals.

The old man sat opposite him, looking at him quietly, even the old man spots were full of smiles.

"It's too sweet." Su Yuanshan patted his stomach after eating the pastry: "I'm now on my body, so I don't dare to eat something too sweet."

"It's not for food, so it's okay to eat some occasionally." The old man laughed and put the box together and handed it to Su Yuanshan: "It's a special request to someone to bring it to you from the Shanghai Stock Exchange."

"Hehe, I have a gift for you too." Su Yuanshan said as he pulled open the briefcase, took out a folding screen mobile phone from it and handed it to the old man: "This is our latest folding screen mobile phone. It usually looks like an ordinary mobile phone, and if you open it, it will be a small iPad."

Su Yuanshan said while demonstrating the folding function.

"Oh, can this screen be folded?" The old man took the phone, looked over and over, full of surprise.

Since he retired, Su Yuanshan has always sent all kinds of novel things, especially mobile phones. Every year, he will give a new one, so that among a group of old colleagues, he knows the best about electronic products.

"We have broken through many processes, and we have thought of many ways just by folding hinges... But now it seems... this thing can only be used to show off skills, and the cost of mass production is still too high."

"Is the screen not durable?" The old man folded the screen a few times, then looked carefully at the middle of the screen with a magnifying glass, and asked.

"Hehe... It's true. Now the design path of mobile phones is almost at its limit. Each upgrade can only start with small parts such as running speed and user experience. There is really no way... I've just put a concept machine in mind, which can be said to explain to users and the brand tone of Yuanxin."

"Well, you've always been good." The old man put down his cell phone and looked at Su Yuanshan with a smile: "I heard that you have been very badly punished in the past two years, are you hurting your muscles?"

Su Yuanshan smiled and shook his head: "It's okay. After all, Yuanxin is different from the past, and our country is different from the past, and not everyone can control it."

The old man laughed happily - he still remembers Su Yuanshan told him in the office, "It will take less than thirty years to complete industrialization within thirty years, and it will take less than thirty years, twenty-five years."

This year, it has been exactly thirty years since Su Yuanshan said that.

And in China, it has indeed become the world's number one industrial power - at least, in terms of industrial scale.

"Industry is the confidence!" The old man looked at Su Yuanshan with emotion: "You came to Beijing this time, are you attending the economic conference?"

"Yes." Su Yuanshan nodded with a smile.

"Well, I won't ask more questions, and I can't worry about it." The old man smiled and pointed at his phone: "I'll read the news and wait for your good news."

...

When they parted, the old man insisted on sending Su Yuanshan to the door until the car left.

Su Yuanshan did not raise the car window and turn back his sight until the old man disappeared.

Han Yiyi noticed that Su Yuanshan's face was a little sad.

But soon, Su Yuanshan opened the pastry box, took out a piece of pastry and handed it to Han Yiyi: "Xiao Han, come and try it."

"This... is it too sweet?" Han Yiyi took a small bite and immediately looked embarrassed.

"Well... since he tasted it in the leader's office for the first time, he has prepared it for me every time." Su Yuanshan also picked up a piece of pastry and put it in his mouth, chewing it slowly, and a smile appeared on his face: "It's been thirty years, except for the sweets he gave me, I don't even eat ice cream."

"Everything is old." Su Yuanshan sighed and closed his eyes, but within ten seconds, he opened his eyes again, took out a document from his briefcase and read it.

This document involves support and investment plans for multiple projects and fields on the island. It includes infrastructure investment and construction, import and support of agricultural and sideline products, promotion and support of the science and technology industry, etc.

——Chen Jing has completely taken control of the legislative department, and the next step is to promote the "open voting" of the whole people.

She wants to come back justified.

As a CEO who has been in charge of Yuanxin for 20 years, Chen Jing has a very meticulous style of conduct, and she does not allow any mistakes - she is already preparing to promote legislation for unified purposes.

Compared with the "competition" at the economic level, Chen Jing's return has more symbolic significance.

That could almost be declared directly, the end of a hegemony.
Chapter completed!
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