He didn't care about how the British senior officials communicated with Indonesia and the Philippines next. That night, Li Jianhui attended a cocktail party held by Borkiya, the Sultan and Prime Minister of Brunei.
Although the population of Brunei is only about 200,000, as a sovereign state, there are still many departments. The drinking party tonight was very lively.
Of course, in addition to celebrating Brunei's official sovereign state tonight, there is another purpose, which is to attract investment.
Brunei's economy now has two pillar industries, one is oil mining jointly with the Xinjian Group (now under Nanhua Petrochemical Management), and the other is fishery.
This time, Brunei hopes to introduce some companies to further process oil, and not just become a crude oil exporter.
In addition, fishery has formed a large-scale industrialization, and hopes to attract some deep processing enterprises to create greater value.
In terms of oil, Nanhua Petrochemical has no intention of establishing a deep processing industry within Brunei. In its positioning, Brunei is a crude oil output place, and its main processing is still in Malay.
However, this time, Nanhua Petrochemical did not become a spectator, but focused on natural gas. The joint venture entered the natural gas mining industry and provided natural gas liquefaction bases, mainly providing liquefied natural gas to Xiangjiang and Baodao.
In addition, Zhang Yijun reached a cooperation with Brunei International Airport on behalf of Xiangjiang Airlines. Within this year, the routes from Xiangjiang, Taoyuan, Tokyo, Seoul, Kuala Lumpur, Bangkok, Johor Bahru, London to Brunei will be opened to promote the development of Brunei's tourism industry.
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Huangpu Shipping Group is not a formality, and it has jointly built an international port with the Brunei government to promote Brunei's economic development.
Lian Crawford also took action to build a Lian Crawford shopping center in the central urban area of Brunei to provide support for Brunei's service industry.
Xinhui Hotel also invested HK$1 billion to build a Xinhui Hotel in the central city of Brunei.
Donghua Communications Group and the Brunei government will jointly establish a Brunei Communications Company, and strive to allow Brunei citizens to enjoy the convenience brought by technological development in their own country next year.
Li Jianhui and his team made such a large-scale investment this time, so naturally they are not doing charity. Brunei has a currency in Brunei Dollar.
After years of friendly cooperation between Xinjian Group and Brunei, coupled with this large-scale investment, the Brunei dollar will be linked to the Hong Kong dollar and will be exchanged 1:1.
In this regard, Li Jianhui helped Hong Kong to obviously snatch the cakes from Britain and Sin Chew. In the Brunei plan, there are four options, namely the peg of US dollar pound, Sin Chew dollar and Hong Kong dollars.
The performance of the US dollar has been directly crossed out by Brunei over the past year. Sin Chew's economy has been suppressed by Hong Kong in recent years. In addition, there is not much cooperation with Sin Chew in the Brunei economy, so this ASEAN financial center is divided.
Lose.
The UK was once the suzerain of Brunei. In addition, the pound has been extremely strong compared to the US dollar for more than a year. In theory, the first choice should be the pound.
However, because the situation in Hong Kong has begun to become clear, coupled with the large investment of the Xinjian Group, and considering the strong influence of the Xinjian Group in ASEAN, and the Hong Kong dollar has sufficient foreign exchange and gold as a guarantee, Brunei has also made it possible to ensure that the
The government prefers to peg it to the Hong Kong dollar.
At the party, listening to the statements of each company under the Xinjian Group, the representatives of Britain and Sin Chew felt very uncomfortable. They were very well-informed, so they naturally knew why Xinjian was so positive.
Britain has always wanted to return to its peak, hoping that the currencies of all countries and regions will be pegged to the pound. As a result, they did not achieve very good results in ASEAN, but instead gave Hong Kong the lead.
Sin Chew has always wanted to become a Southeast Asian financial center, but it has been suppressed by Xiangjiang over the years. It is even more out of the reach of Sin Chew Yuan to become the main currency of ASEAN trade.
Whether in Britain or Sin Chew, we dare not underestimate the influence of Hong Kong and Hong Kong dollars, especially when many parties want to challenge the hegemony of the US dollar, the Hong Kong dollar is not impossible to become a pole in the diversification of foreign exchange settlements.
Valley Lie
Xiangjiang is originally a financial center. The Lisboa currency and the current Brunei dollar are directly pegged to the Hong Kong dollar. With the support of the huge market in the north, Donghua will stir up the world. Who knows whether the Hong Kong dollar will be on par with the British pound in the future.
This is also the main reason why Xinjian Bank has been restricted to obtain the right to issue Hong Kong dollars. The British side obviously does not want Li Jianhui to dominate the Hong Kong dollar.
One of the most important reasons is that Li Jianhui hopes that foreign exchange funds will increase the proportion of gold and reduce the US dollar and pound, which is the least willing thing for Britain to see.
Currently, nearly 50% of the foreign exchange funds are pounds, gold, US dollars, yen, and marks are slightly more than pounds.
It should be noted that the foreign exchange fund is a foreign exchange fund, and the foreign exchange guarantees the stability of the Hong Kong dollar. It does not conduct trade circulation in normal times, and is not a foreign exchange reserve.
In terms of foreign exchange reserves, influenced by Li Jianhui, the heads of major banks in Xiangjiang are not stupid. The Japanese yen is the foreign currency with the highest proportion of foreign exchange reserves in Xiangjiang, not only exceeding the US dollar, but also exceeding the British pound.
Once the proportion of the gold yen is greatly increased according to Li Jianhui's opinion, foreign exchange funds will inevitably sell the pound on a large scale, which is extremely unfavorable to the globalization of the pound.
The Brunei government was satisfied with the cooperation reached by the Xinjian Group. This investment has a considerable role in promoting Brunei's economic development.
Lane Crawford and IKEA convenience stores have also reached cooperation agreements with several Brunei food companies. As long as the product quality of these companies in Brunei meets local standards, they can enter Lane Crawford and IKEA convenience stores on the shelves in various places.
What made Brunei most happy is that Donghua Association, which mainly focuses on real estate finance, did not allow its real estate industries to enter Brunei and left this market to Brunei domestic companies.
In terms of finance, several banks in Xinjian, East Asia and Nanlong have only opened several business locations in Brunei, and mainly serve multinational businesses and will not compete with Brunei Bank for the domestic market of Brunei.
Because the two sides had already agreed, they were also very quick to move. On the morning of the 2nd, several senior executives of Li Jianhui and Wu Xinjian Department, Chen Zongxue and others signed cooperation agreements with Brunei.
As for the Brunei side's mention of the hope that Huidefeng Land can build a Huidefeng Square in Brunei, Li Jianhui politely refused.
The main reason is that Brunei has a smaller population than Lisboa and is not suitable for building Huidefeng Square at all. This is also the main reason why Lane Crawford built a Lane Crawford shopping center here.
After the contract was signed, Borkiya spoke out: "We also hope that these project funds can be entered early so that these projects can create value as soon as possible."
"Please rest assured that the person in charge of each company here will connect with the government and the funds will arrive within this month to ensure that each project can be officially launched."
Borkia is clear about the strength of Xinjian Group, and the investment in Brunei is just a drop in the bucket.
It’s a pity that his country’s population is too small and the market is too small, so he can’t attract too many Xinjian companies to invest.
This time, it is because of the conditions. For Xinjian Group, it is just to invest Hong Kong dollars directly.
In the future, if Brunei wants to develop independently, it mainly depends on its own development. It only depends on Xinjian Group. I am afraid that Brunei's economy will be swayed by Xinjian Group in the future.
Moreover, Borkiya is still a little worried about the Xinjian Group, that is, the Xinjian Group is not just a commercial consortium in Southeast Asia, but is also interfering in some things that should not be interfered.