On May 12, the rush to buy officially kicked off.

Almost all countries that have disputes with the Chinese government over the territory of the South China Sea islands have become our procurement targets.

A total of 37 foreign Chinese businessmen participated in the rush to buy. The money they had to spend was a very large number based on the denomination alone. Of course, if they were converted into RMB, the number would be much smaller, at best, only a few billion.

(This book was first published at Qidian)

However, when Chinese businessmen decided to devote all their wealth to this economic war with their entire wealth, the number also expanded many times invisibly.

The first step in the war, the US dollar.

As we all know, China's foreign exchange reserves are huge, and these reserves have grown every month. As of May this year, my country's foreign exchange reserves have reached more than 200 billion US dollars. It can be said that the continued growth of the US economy is inseparable from the Chinese government's high foreign exchange reserves.

Judging from the role of promoting world economic development, China's role should be said to have attracted more attention from the world. Although China's GDP only accounts for 4% of the world, China's economic growth contributes about 20% to world economic growth, which is entrusted by foreign exchange reserves.

It can be said that China is a large creditor of the United States.

As long as China sells out all the existing US dollar reserves in the international market, at least nearly half of Americans will lose their jobs immediately.

But it is obvious that the Chinese government does not intend to do this. Because we ourselves also need strong economic forces as the backing of development.

Selling the US dollar means that the RMB exchange rate must appreciate in a short period of time. This is obviously inconsistent with our current basic national policy of attracting foreign investment with the advantage of low-priced labor costs.

Compared with other developing countries, China's labor education level ranks first, while the hourly wages in the United States are about $16, about $4 in Mexico, and about $0.5 in China. Who would you choose if you were an investment company?

After simple calculations, China's labor cost advantage can be more clearly seen. Then China's labor cost per hour is less than 4% of that of the United States. Therefore, China's labor cost advantage is obvious. Although with the rapid development of China's economy, the wages of Chinese workers are also increasing, China's labor advantage will remain for a long time.

Education, poverty alleviation, scientific research, domestic construction... these projects all require money. With money, you can invest in the most basic production and create new products to sell in exchange for more money.

A person who has no money will starve to death, and a country who has no money will die.

Therefore, if China wants to be strong, it cannot be without money. It requires money and a lot of money.

There are poor and rich people in the world. If you guard 100 poor people, you will not get a penny even if you put out your pockets of clothes. If you guard a rich man, the pocket money he gives you every day is enough for you to live a good life.

Therefore, producing what the rich need and selling it to him became the only criterion for making money.

The question is, what can a poor person be liked by the rich? Where does the start-up capital come from?

Sell ​​your labor at a low price in exchange for the first pot of gold in the production process.

Attracting foreign investment with low labor costs is the strategy that our great national leaders have formulated several generations ago.

China is poor, very poor.

Although our country's GDP can rank among the top in the world every year, we are still poor and there are too many Chinese people.

1.3 billion people! This is an extremely huge number, so big that it makes people feel panicked and so big that it makes people feel scared.

The food a person needs to consume is generally about 330 kilograms, and the food that 1.3 billion people have to consume accounts for more than half of the world's total food production. Although China is a big country, it is only one of many countries on the earth.

Who will support the Chinese?

Of course we are the only ones.

If there is not enough food, you can still plant it. But if there is not enough arable land, what should I do?

Go fight? Go grab? Go start a war? Joke, we don’t want to be public enemies of all mankind.

Buying is a very good way.

However, it requires money, and it requires a lot of money.

We have the largest population in the world. This is terrible and lucky. Because, this is an extremely large market.

Our people have limited purchasing power, but we can offset this disadvantage with our strengths.
Chapter completed!