However, what new sources of revenue we need to develop in the future, and how to achieve a good balance in finance between the central and local governments, is an extremely difficult question.

Virtual reality technology will bring many unexpected variables.

Internal exploitation is one approach, an unavoidable one for developing countries seeking industrialization; the era of external plunder is lost forever.

Many countries have gone through this process.

Not all countries are as fortunate as America, which seized almost every opportunity, completing a wave of production capacity transfer and foreign acquisition during World War I, and another wave of economic globalization during World War II.

The petrodollar system further facilitated currency globalization, laying the foundation for the ability to reap the benefits of the world whenever the country ran out of money for decades to come.

China's aid to Africa, including debt relief, is modeled after America's Marshall Plan.

The only difference is that China only has carrots and no sticks, while America has both.

"Therefore, I think virtual reality technology is too advanced for us."

It will bring about fundamental changes to everything, and in our current state, we are completely unprepared.

While this well-known Chinese economist was speaking, the important figures were also exchanging words from time to time.

"I don't know what happened, but I still want to say that if it really exists, I think we should promote it rather than refrain from using it."

For China, the most tragic thing is the lack of change, which means that we can only compete within the framework set up by Western countries.

On the contrary, if it's a revolutionary change like virtual reality technology, we are not prepared, and other countries are even less prepared.

Only then will we have the opportunity to bypass the numerous obstacles set up by America and resume fair competition.

Upon entering the meeting room today, the economist realized that something truly extraordinary was about to happen.

The important figures present were not sitting expressionless in their seats as usual, but were instead frequently communicating and exchanging ideas.

This was something he had never encountered before.

Therefore, he had a premonition that China had truly mastered virtual reality technology.

He didn't originally intend to say the last part, but considering that this was indeed the only opportunity to achieve China's strategic goals without bloodshed, he did so anyway.

It's important to understand that Taiwan without TSMC is far easier to conquer than Taiwan with TSMC.

Moreover, taking it over would lighten the burden on China.

Taiwan's per capita GDP is NT$33,000 with the semiconductor industry; without it, it would drop to less than half that.

Although the semiconductor industry only accounts for 20% of Taiwan's GDP, a 20% reduction in GDP will affect all industries, with the consumer sector being the first to be impacted.

"Mr. Lin, please come with me. I'm sorry, you still cannot contact the outside world during this period of time."

You will be free only after the final result is released. We have already spoken with your family.

The economist felt a chill; he had originally planned to quickly reallocate his assets after the event.

Sell ​​off anything that needs a discount quickly.

A sense of helplessness flashed through his mind, and he knew that his plans were going to fall through.

It's important to know that economists have substantial assets, especially economists of this caliber, who typically allocate their assets globally.

Their identities were originally in a gray area between the market and the system.

Being too far removed from the system, and unable to fully understand the government's intentions and specific circumstances, most of China's statistical data undergoes technical processing.

If all data were processed using the same method, that would be fine. The problem is that different data require different technical processing methods.

If you pay attention, it's easy to find loopholes in the official data.

However, being too far removed from the market will make one out of touch with reality, for example, suggesting that unemployed people drive for ride-hailing services to rent out their spare houses.

The meeting officially began only after experts and scholars from different fields had finished their presentations.

Zheng Li was unaware of this, because their conference room was physically isolated from all communication devices, and there weren't even any trees around.

My Healing Game

This is to prevent being eavesdropped on by unknown biotechnology.

Moreover, to prevent Zheng Li from finding out, even the scientists conducting this research were not magicians.

However, Zheng Li wouldn't care.

Because the country he collaborates with doesn't necessarily have to be China, since there are too many countries on this planet.

Not all countries experience the same troubles as China.

The world is not just about developed countries, nor is it just about China. There are many countries in the world that have nothing to lose.

China was Zheng Li's first choice because China was powerful enough to spread the message most quickly.

As a model project for cooperation between the magical civilization and the Earth civilization.

The second destination is Singapore, where a smaller boat can turn around more easily.

"Alright, everyone, let's share our thoughts. What about whether or not we should cooperate with Clark?"

"I think there are too many unknown risks involved, both economically and in terms of social stability."

What Professor Lin just said is only part of the picture. In addition to the unsustainability of local land revenue, our financial system will face a complete collapse.

It's not just about re-estimating the market capitalization of listed companies on the stock market.

Major banks will experience a large number of bad debts.

Firstly, the real estate industry has raised approximately 60 trillion RMB through various financing channels, including ABS, domestic and overseas bond financing, and traditional credit financing.

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