China provides weapons and equipment to Japan, China announces suspension of negotiation preparation phase +3 situation again

724, Tokyo time 9:00

Hundreds of reporters guarded at the gates of the Japanese Prime Minister's Office and the Ministry of Foreign Affairs overnight, hoping to get the latest announcement issued by the Japanese Cabinet Government as soon as possible

At this time, it is Beijing time 8

Hundreds of journalists also stood outside the State Council’s Ministry of Foreign Affairs, waiting for the Chinese government to announce a new ceasefire timeline

Whether to fight or to fight, the whole world is waiting for it

The outside world does not know that dozens of senior officials of the Republic's State Council, including the Prime Minister, three vice prime ministers, ministers of national defense and deputy foreign ministers, are discussing the current domestic issues with Ji Youguo in the study of Xipuyuan, the head of state.

There is only one focus topic: the influx of international hot money

Most of the time it was Pang Xinglong, Tao Zhenshan, the vice premier in charge of economic work, and several ministers related to economic work, who spoke in the speech Ji Youguo had never spoken, and Zhao Rundong and others remained silent.

"Overall, the situation is better than expected," Pang Xinglong made a summary speech. "In addition to my country's financial capital withdrawn, by 7 o'clock this morning, the international hot money pouring into my country's financial market was between 110 billion and 120 billion US dollars, lower than the expected 1500 billion US dollars.

"There is no significant fluctuation in the exchange rate, which is mainly related to the ongoing industrial structure adjustments.

Investors are more optimistic about my country's economic prospects than other countries. The possibility of currency appreciation in the future is increasing, but the impact on foreign trade is not great. As the industrial structure adjustment gradually deepens, my country's foreign trade structure will undergo major changes to offset the negative impact of currency appreciation. In the long run, appropriate currency appreciation will promote industrial structure adjustment, increase product value, increase workers' income, and stimulate domestic consumption. Overall, the exchange rate has little impact on my country's economy. International hot money is not likely to make a fuss in the foreign exchange market.

"There are two main problems: the stock market and the real estate market.

"With my country's economy growing rapidly, emerging technologies have gradually been promoted and applied. A large number of emerging companies with strong competitiveness in the domestic and international markets have emerged. Compared with 10 years, the total market value of the Shanghai and Shenzhen stock markets has increased by three times. The Shanghai Composite Index and Shenzhen Index have increased by 2.4 times and 2.7 times respectively. More than 1,800 stocks in the two markets have average price-to-earnings ratios exceeding 18. The capital bubble is forming. The overall situation is pouring in. International hot money will maliciously speculate on some high-quality stocks by buying short selling and short selling to boost the stock price and blow up the capital bubble to make high profits. For this reason, the State Council has prepared more than ten rescue policies. All regulatory departments have also launched emergency mechanisms to closely monitor the stock market. If necessary, it can also stabilize the stock price and suppress the capital bubble by issuing new shares to accelerate the ipo.

"The biggest problem in the real estate market is that it is too high. The central government can use the land policy and means very limited. Most of the policies to stabilize housing prices have obvious time delays. We can do it by increasing the land supply to expand the scale and speed of affordable housing construction such as low-rent housing, making consumers bearish in the future housing prices force developers to lower prices and promote promotions." At the end of the talk, Pang Xinglong paused for a brief pause. "Overall, our local regulatory policies have more obvious impact on the foreign exchange market and the stock market. As long as the policies are implemented in time, they can effectively control the foreign exchange market and the stock market. The problems in the housing market are relatively serious. There is no effective response.

The study room was quiet and everyone's eyes turned to Ji Youguo

After destroying the cigarette butts, Ji Youguo said: "All work in the State Council is satisfactory, but there are still some unsatisfactory places that are not satisfactory as soon as possible. The State Council orders all departments should treat the current challenges in response to war areas. If there is no other problem, let's stop here today. Premier Xinglong, please stay for the time being. I will discuss some things with you."

Under Wang Yuanqing's greeting, the deputy prime ministers, ministers and deputy ministers left the study one after another.

Ji Youguo made a cup of tea for the Prime Minister and sat on the chair next to Pang Xinglong. "I also thought of the few questions you mentioned. As you said, the problem of the real estate market is the most serious. I think that the problem of the real estate market should be viewed from another perspective."

Pang Xinglong picked up the teacup and waited for the head of state to continue talking.

"Over high housing prices not only reduce the quality of life of the people, but also have a very bad impact on the domestic consumer market. When a family needs to spend twenty years or even more savings to afford a house, they still have the ability to improve their lives and enjoy their lives?" Ji Youguo lit another cigarette, "For investors, the property market with severely high prices is not an ideal investment target. International financial speculators are not fools, and they will not do business that loses money and makes a lot of money."

Pang Xinglong frowned slightly and nodded to express his approval of the head of state's analysis.

"What we need to worry about is the Japanese financial speculator," Ji Youguo breathed a sigh of relief and said, "The real estate market is closely related to dozens of industries such as steel, cement, electricity, home appliances, furniture, transportation, etc. If housing prices plummet, a large number of developers will go bankrupt. Related industries

The consequences will be unimaginable. At that time, the government not only needs to develop large amounts of unfinished buildings, but also invest huge amounts of money in other industries to help overcome the difficulties. The Asian financial tsunami in 2007. The Wall Street financial storm in 2008 is closely related to the real estate industry. Japan is originally an irrational country. In order to combat my country's economy, they are likely to do things that ordinary people cannot predict."

"The head of state means..." Pang Xinglong was secretly shocked and his expression became gloomy.

"We must prepare for cleaning up the mess," Ji Youguo glanced at the Prime Minister, smiled slightly, and said, "Don't be so nervous. The situation is not as serious as you imagined. House prices have dropped. Not only can the people benefit, but the image of the government can also be improved. The key is whether Japan will do business that will lose money and make publicity. If so, do we have the ability to clean up the mess."

“The amount of money that needs to be invested will not be less”

"This is testing your wisdom and ability," Ji Youguo smiled and shook his head, saying, "By the power of the government alone, we can only achieve half the result with twice the result. There is both a dangerous side and a chance side. If we can mobilize the power of the people and resolve the danger through market means, we can seize the opportunity."

"People's power, the question is who has so much money?"

"Well, I don't think you should ask me."

Pang Xinglong hesitated for a moment and suddenly realized, "First of the People, are you talking about Yanbo?"

Ji Youguo nodded and said, "I will talk to him alone. You must also contact him frequently to destroy the Japanese financial market. Yanbo and others not only made great contributions, but also gained a lot. He also expected that Japan would fight back, so he withdrew the funds in advance and prepared to assist the government in dealing with the domestic financial crisis. As long as this force is used well, the problems you mentioned will be solved."

Pang Xinglong nodded immediately and said, "In addition, local governments have great problems."

"I have said that we mainly use market means to resolve dangers in order to regulate market behavior, we must issue relevant administrative laws as soon as possible. Finally, we will issue relevant laws to restrict market behavior from the institutional level."

Pang Xinglong didn't say anything more about Ji Youguo's words, and another meaning is to restrain local governments from the institutional level.

"In addition to the real estate market, policies to stabilize the stock market must also be adjusted."

After hearing what Ji Youguo said, Pang Xinglong's expression changed again

"The policies you mentioned are basically passively responding to the crisis, and the effect will not be much better," Ji Youguo touched his chin and said, "You also mentioned that international capital has high expectations for the future of our economy and believes that we are the only country that can continue to maintain rapid growth. Under this situation, the emergence of capital bubbles is inevitable. This challenge is extraordinary. In addition to international hot money, Japan will not invest less money. Therefore, I think it is necessary to adopt the opposite policy."

"The opposite policy?" Pang Xinglong was secretly shocked and said, "We take the initiative to blow up the capital bubble?"

Ji Youguo nodded and said, "Because the international hot money and the funds invested by Japan have not yet completely poured into my country's stock market, a series of policies to stimulate the stock market will be issued, and the capital bubble will be expanded in the name of international hot money speculation. If Japan intends to destroy my country's financial market, it will take over at a high level. Continue to blow up the bubble. As long as the time point of the policy is issued, some international hot money will follow Japan's capital bubble and let our capital withdraw all. The policy will turn 180 degrees to the time, and it will not be us who are trapped in the financial quagmire, but Japan."

Pang Xinglong quickly thought about it and said, "Doing this can indeed produce unexpected results, but the risk is too great and the investment requires huge amounts of money."

"Yanbo and his team made a lot of money in Japan, so it is natural for them to contribute some effort."

"If Yanbo and the others can play double acts with the government as well as well-known businessmen, the effect will be more prominent."

“Those are your job

"Ji Youguo smiled faintly, "I am not an economic person, I only know a little bit of the surface. How to operate it depends on you."

Pang Xinglong nodded immediately and said, "I'll make arrangements immediately and try to release the news today."

"Don't forget, there is also the issue of the ceasefire deadline. If Japan continues to extend the ceasefire period, we will follow up appropriately. If Japan does not announce the extension of the ceasefire period, we will also remain silent. Anyway, there is no need to compete with Japan at this time and wait for us to defeat Japan in the financial market. It is not too late to show our power."

"I understand, I know how to arrange it"

Ji Youguo nodded and asked Wang Yuanqing to send the Prime Minister out.

After smoking another cigarette, the head of state called Yanbo

A war without seeing the smoke of gunpowder is about to break out. Can the Republic win?

damn it*

I just coded it, continue to ask for monthly tickets and rush forward! (To be continued,)
Chapter completed!