Volume 13 Chapter 30 Who Sings the Leader

It was also expected that Zhao Lei and the other two were invited to the Presidential Palace. In the reception room, except for Zhao Lei, two yellow people, Speaker Mbet and the Minister of Finance were black. Other senior officials in the financial industry, including Sloan Executive, were all white, and a group of white officials who refused to contribute to the black government. Zhao Daxi had already known it. In an extraordinary period when the rand exchange rate was facing a large and abnormal fluctuation, the huge black government could not find a decent black economist, and there was still something to talk about saving the market.

The Speaker, facing the financial and economic field that she knew nothing about, completely lost his voice in front of the President and fell into the cold palace. Amid the noisy discussion, white officials led by Executive Sloan took the opportunity to make trouble and strongly opposed the government's attack on the rescue of the market. Most of these people were very consistent in their vocalizations as economists. They hesitated for a while about the President, who is also an amateur in the financial industry, and decided to authorize Executive Sloan to be responsible for full authority.

The gentle-looking executive Sloan took the opportunity to show off his professionalism: "His Excellency the President, why not let the rand exchange rate continue to rise? As the rand index continues to rise, we can effectively resist the rise, and also give more room for interest rate cuts, which is good for the South African economy."

When the President heard the words of boycotting the rise, his eyes suddenly lit up and was obviously moved. As a president, he would certainly be moved when he heard the words of suppressing the rise. For His Excellency the President, suppressing the rise is equivalent to his political achievements and will be of great help to him seek re-election.

Zhao Lei, two yellow people, were well versed in economics and couldn't help but curse in their hearts when they looked at it. How could this white man with ulterior motives be said to be nonsense? Although the significant appreciation of Rand can effectively suppress the rise, it seriously weakened South Africa's export competitiveness and worsened the employment form. The two of them noticed that Speaker Mbert on the opposite side seemed a little unhappy and were screaming in their hearts.

The Speaker has blurted out: "I object, Your Excellency President, you have bypassed the Congress and directly authorized the Executive Officer Sloan to violate the South African Constitution."

Zhao Lei and the other two couldn't help but worry for her. This was too much, and the black lady was too ignorant.

Sure enough, Mr. President was embarrassed in an instant and was very unhappy: "Okay, Ms. Mbet, I hope to receive the impeachment bill from Congress by tomorrow morning. You have the right to initiate the impeachment process, but now, you give me a way to go out from here immediately, I don't want to see you again."

This is a very heavy statement. Under the gloating gaze of a group of white senior officials, the black woman's face finally turned red with embarrassment and finally left the seat angrily.

Amidst a whisper, Lei Yongqiang took the opportunity to come over and talk: "This black lady is over. It will be difficult for him to turn over in a short period of time."

Zhao Daxi nodded slightly and still had a calm expression. From his side, this was the result he wanted to see the most, and it was also the result he had caused. If he wanted to clear all obstacles on the road to running for president for Yang Su, he could only kick away the stumbling block of Speaker Mbert. However, when things were about to succeed, he was really not happy and did not feel any excitement or joy in his heart.

The reason why this Speaker was played with by him was that she suffered a loss because she was born into a poor family like most black people in South Africa, had no higher education, and did not have a senior think tank like Lei Yongqiang who had been playing finance for the rest of his life, and it was reasonable to lose.

Just as I was thinking about the enchanting moment, the majestic voice of the President came to my ears: "Zhao, Lei, I hope that Beishan Bank, as the most influential large international commercial investment bank in South Africa, can adhere to the bottom line of an upright businessman and help Sloan executive come up with countermeasures as soon as possible."

Zhao Lei and the others bowed in a slight sense of respect and accepted the gift without any mercy.

Within a few days, the South African Financial Services Commission and the Ministry of Finance made it clear in public that although the strong rand had a certain blow to South Africa's export economy, the South African government firmly opposed interfering in the foreign exchange market and repeatedly emphasized that all capital control measures implemented by the South African government in history were to interfere with capital outflows, and there had never been any intervention in capital inflows.

Zhao Daxi and others were watching TV at home. Lei Yongqiang couldn't help but grin and cursed: "Barring, hehe, I really didn't see that Executive Sloan is so gentle, and he is really cruel."

Yang Su also knew nothing about finance, so he naturally asked: "Can you say it clearly? What does it mean?"

Lei Yongqiang was asked about his professionalism by his lover, and naturally shook: "You can't understand what he said in a complicated way. To put it more simply, the strong rand policy is good for the United States. The Federal Reserve hopes that a large amount of international capital will pour into emerging economies like South Africa. This is an economic problem. As long as the interest rate level in South Africa is much higher than that of the United States, the situation that continues to exist, as long as international hot money continues to pour in large quantities, the appreciation of rand is inevitable..."

Halfway through the words, Yang Su was interrupted impatiently: "What are the benefits for us?"

Lao Lei was interrupted by someone in the middle of the rise, and was a little embarrassed: "Of course there are too many benefits for us. Uh, we just bought bulk gold and non-ferrous metal futures, and we still have a large amount of US dollars in our hands, which involves an international currency settlement issue...ah, it's complicated to say."

Yang Su also understood a little more than an amateur. Gold and non-ferrous metal futures were about to rise sharply. As Lei Yongqiang finished speaking, the price of gold futures on the New York Stock Exchange had risen by 30% in a week, and continued to maintain an astonishing rise as the rand exchange rate continued to rise. Beishan International Investment Bank quietly earned the largest bucket of gold after entering the African market, real gold.

One week later, the 28th floor office building of Beishan Bank and the top floor luxury suite.

Lei Yongqiang lit a cigarette for himself beautifully, and then smiled and said, "Brother, what do you feel like to earn 6 billion US dollars a week? Why don't I feel it?"

When Zhao Daxi heard this, he couldn't help but smile bitterly: "Would you like to listen to the truth or to be lies, I don't feel it to be honest."

Lei Yongqiang heard a squirting of cigarettes and coughed violently: "Cough, are we two sick? Haha."

Zhao Daxi also laughed twice, grabbed a cigarette from the table and lit it and took a deep breath.

Lei Yongqiang was happy to see him like this and asked casually: "Haicao and Ziqi are gone?"

Zhao Daxi also leaned back and relaxed, and replied casually: "I just left this morning. I discussed with Haicao. It's time to choose a nationality for Ziqi."

Lei Yongqiang was stunned when he heard this, and kindly comforted him: "I advise you, let him choose when the child is grown up. Children and grandchildren will have their own blessings."

This time it was Zhao Daxi's turn to be dazed by himself. It was right to think about it. Let the child grow up and choose it yourself.

The two of them talked about the serious matters for a while, and Lei Yongqiang also came to justice: "I thought about it. We can't let these grandsons go on like this. If we continue like this, it will take half a year to go on like this. If we continue like this, it will take two years to get the South African economy in two years. The rand index will be over. We can't do anything to kill chickens and get eggs."

Zhao Daxi lay comfortably on the sofa and nodded in agreement: "I am an amateur after all, what do you think you should do?"

Lei Yongqiang was naturally confident when talking about professionalism: "There are still solutions. I have thought about it. The benefits have made these grandsons get enough. It's time for us to play the leading role. In the past few days, our Beishan Bank came out to get a report and find a way to stabilize the rand index first. The specific implementation is nothing more than suggesting that the South African government relax foreign exchange controls, reduce restrictions on capital outflows, and reduce restrictions on individual overseas investment... Although these measures are treated with the symptoms but not the root cause, it can still be done to cool down the rand exchange rate."

Zhao Daxi looked at Lao Lei's confidence and couldn't help but admire him. This person really has the talent to stabilize the country and maintain peace. He is truly a genius in the financial industry that has never been seen in a century. Just looking at how he can grasp the situation so exquisitely in just a few days after he came to South Africa, it can be seen how amazing this person is. But it is such a financial genius who almost suffered from depression after being an official in Beijing for several years. It really makes people feel moved.

Lei Yongqiang still said that he was spitting: "Brother, it is necessary to keep the rand exchange rate at a certain level, but we cannot let these grandchildren do too much. We must let these grandchildren know who is the protagonist. You should understand this principle."

Zhao Daxi nodded without thinking: "Let go and do it, tell me if you lack people and money."

Lei Yongqiang squirted over with a sip of smoke and grinned again: "I don't need anything, I lack face."

When Zhao Daxi heard the dark face, he couldn't help but smile sincerely.

A few days later, Beishan International Investment Bank, which has been keeping a low profile, suddenly made a high-profile appearance and came up with a very professional evaluation report. From the standpoint of the South African government, the report gave a series of life-saving solutions to the huge appreciation pressure faced by the South African rand.

The report recommends that the South African government relax and implement a decades-long foreign exchange outflow control policy, believing that the policy is long outdated and outdated. It is recommended that the individual remittance funds limit of South Africans be raised to $4 million per person per year, and a very forward-looking warning to the South African government that it is best to hedge against the second round of quantitative easing in the United States in advance.

This report was released in an instant, which triggered a heated frenzy in the financial industry and established the status of Beishan International Investment Bank as a world-class investment bank. Zhao Lei and the other two finally showed their fangs to compete for their voice, and suddenly stood firmly on the side of the black government.

As the trend of online public opinion changes, although the white financiers led by Sloan executives were not willing to accept it, they could only choose to remain silent in the face of Zhao Lei and the other two. No one is a fool, and they know that the Chinese from Beishan Bank have sent them a clear warning signal that it is time to stop after they have enough money.

So as gold futures surged, executives of Beishan Bank were invited to the Presidential Palace again and took on the important task of stabilizing the rand exchange rate. When they walked out of the Presidential Palace, Lei Yongqiang, president of Beishan International Investment Bank, had already changed his identity and is now the chief investment consultant of the Presidential Palace.
Chapter completed!