"But you just said that if you burn everything, you will face the risk of war with the United States?" Director Cheng frowned.
"This is a question of degree. We must bully others too much but not bully others too much. We must cripple Wall Street but cannot kill Wall Street. We must leave this difficult decision to the US officials instead of leaving it to ourselves."
Many people don't have much idea about US$100 billion.
Just put it this way, in 2001, China’s foreign exchange reserves totaled just over US$210 billion.
The gross domestic product is only US$1.43 trillion.
It is no exaggeration to say that the US$100 billion brought by Wall Street now has the power to knock China's economy back by 10 years.
"There is another thing we must understand, that is, this US$100 billion is just what we know at the moment. Wall Street is backed by US officials, and they can bring in more money at any time. What should we do at that time?"
Li Jin's words made Director Cheng and Liu Tongsheng look more and more serious.
"Then tell me your opinion." Director Cheng said after a long time.
"Open a two-front battlefield." Li Jin replied decisively.
"What do you mean?" Liu Tongsheng asked.
"I must contain most of Wall Street's energy in the U.S. capital market. Fortunately, thanks to our previous achievements, this is relatively easy to do. I must force them to invest more manpower, material and financial resources to deal with it in the U.S. market.
Jin Qingtian invested the funds, otherwise their hometown would be at risk of being confiscated."
"As for the domestic market."
Li Jin pondered for a moment, hesitating whether to continue speaking.
According to the memory of his previous life, there were several big news and big moves in the domestic stock market in 2001.
In the context of the overall market downturn, the government officially launched a high-pressure trend of key supervision this year, and at the same time made more benefits to the market for the listing of state-owned enterprises. More importantly, just this year,
The National Social Security Fund was approved to operate in the stock market.
Of course, things like this were not happening in the previous life, but a series of measures to stimulate the market were still introduced.
In general, during this year, the official attitude was to rectify the financial market and allow the financial market to develop in a more orderly and healthy manner. The second step was to introduce favorable measures to stimulate economic growth.
What Li Jin has to do now is to propose that policies that were originally coming out should be released in advance, but he is not sure whether doing so will arouse official alert.
After all, many of these policies are currently confidential, and even judging from the timeline, some may still be in the draft stage.
At this time, Li Jin threw out a package plan. Although officials will do this in the future, will it make the superiors dissatisfied?
Or does it make the superiors doubt whether they have some sources of information?
This is not a good thing.
Seemingly sensing Li Jin's hesitation, Director Cheng said solemnly: "This is not a formal meeting. You can just bring up your ideas. I guarantee with my party spirit and principles that it will never have any negative impact on you.
"
"Alas, Director Cheng said something harsh."
Li Jin sighed.
He knew that now was not the time to hide it. As for whether there would be any subsequent effects, he would tell at that time.
"My opinion is that the domestic market needs to rely on the strength of the domestic market itself to deal with it."
"No matter how rich a country is, it can never be richer than the total wealth of all citizens. The stock market is a market that can make money. As long as this market is developed and social capital can flow in, if nothing else, at least
Wall Street’s 100 billion capital can be eaten up.”
"Be specific." Director Cheng frowned.
"First, strengthen market supervision. Why are many large retail investors or institutions willing to speculate in Hong Kong stocks or external markets? It is because the domestic market believes that the traces of trading are too heavy and too simple, and various illegal operations are common and endless.