The last second I was still doubting that the guy who came up with the plan for futures trading must have ulterior motives.
But the next second, when he heard that the futures profit had reached a terrifying amount of 500 million US dollars, Mr. Liao could no longer hold back.
That’s five hundred million!
How much grain and oil does the country have to sell to earn so much foreign exchange!
And these foreign exchange dollars can be used to introduce so much equipment and technology into the country!
Not to mention anything else, there is a shortage of chemical plant production lines across the country.
Five million US dollars can build a medium-sized chemical plant, which is enough to supply fertilizers and chemical products to most provinces, greatly improving the material abundance and quality of life of the people.
If all the $500 million were used to import chemical plant equipment, it would be enough to complete the import of all the chemical equipment currently needed.
It can be said that this amount of income allowed the State Administration of Foreign Exchange, which was originally in deficit, to accept all offers and was generous to the heads of various domestic departments who came to ask for money.
At this time, Mr. Liao was in charge of diplomacy and united front work.
He has to deal with foreign exchange, US dollars, etc. all year round. Even when his department applies for the use of foreign exchange funds, the State Administration of Foreign Exchange is always stretched.
Director Liu and others often complained to Mr. Liao, hoping that Mr. Liao could make an effort at the United Nations and international banks to obtain more foreign exchange loans and subsidies.
Especially after China regained its seat in the United Nations, its international status has improved, and international exchanges have increased. Money is spent like water, and foreign exchange is flowing out.
Of course, with more communication, there will naturally be more opportunities to make money.
Especially in recent years, China has won a lot of orders for the sale of arms and weapons internationally.
Although most of these orders come from some backward countries in Asia, Africa and Latin America, most of the equipment purchased are backward equipment from the World War II era that China has discarded.
The low-price sales are also used to clear out the inventory of some old equipment in the country.
As for those high-end weapons with high profits, such as missiles, tanks, airplanes, etc., Chinese products cannot be sold at all at this time and cannot gain international recognition at all.
Mr. Liao also tried to sell these heavy, high-end weapons to countries in Africa, the Middle East and other countries, but regrettably returned empty-handed every time.
I have gone off topic. At that time, Mr. Liao could be said to be an important figure in my country's diplomacy.
However, starting from this year onwards, Princess Liao’s main work direction will be concentrated on Hong Kong Island.
According to the normal historical development, Mr. Liao will become the Director of the Overseas Chinese Affairs Office of the State Council and the Director of the Hong Kong Affairs Office next year, with full responsibility for relations and affairs in Hong Kong Island.
In fact, he is almost the only one who is in charge of this aspect of the work now.
He went directly to Haizili and reported the relevant matters to the old man in person.
Just like what he reported today was some feedback from Hong Kong Island.
This includes the Huo family actively approaching and proposing to organize a group of Hong Kong businessmen to visit the mainland.
To put it bluntly, it is because mainland China is short of money that it can only reach out to its wealthy relatives in Hong Kong and Macao, open up the market, let you invest money, and be the first wave of people to try it out, so that we can complement each other and benefit from each other.
It can be said that Mr. Liao deals with money every day. In addition to maintaining good relations and public opinion among overseas Chinese, his most important job is to make money, money, and more money.
Only by attracting enough investment can we inject sufficient vitality into the country's stagnant economy.
As long as the stagnant water is stirred up, with the wisdom and talent of the Chinese nation and the pursuit of a better life, hard-working hands can create huge wealth.
"Hahahaha...Mr. Liao! You! You!
He is also a snobbish person who is obsessed with money!
Before, they kept calling him a spy with ulterior motives, but when they heard that he made $500 million, they immediately called him a national hero! "
The old man was also happy. He took another puff of his cigarette and said with a smile.
"Chief! You are not the boss, how come you don't know how tight the foreign exchange situation is right now.
Not to mention an extra 500 million dollars, anyone who can attract an investment of one million dollars will be a great contributor to our country.
Don’t talk nonsense like “A gentleman won’t bow down for a few pieces of silver”. What is the situation in our country now?
If we want development and if we want our people to live a good life, we "gentlemen" have to swallow our pride and bend our backs to ask for money.
I don't care about my reputation anymore, so as long as I can make money, it's worth it."
Mr. Liao also laughed and asked, "Oh, right! Chief, you haven't told me yet! What's the situation with this young comrade?
Could it be that some returned overseas Chinese has a special talent in finance?
But that's not right! I've always been in charge of the work with overseas Chinese.
It's impossible that such a genius, who I don't even know, could come up with all these ideas!"
Hearing what Mr. Liao said, the old man laughed out loud: "Come to think of it, you know this guy. Not long ago, you praised him in front of me!"
"Hmm? Impossible!
Among the overseas Chinese I know, it is impossible to find someone who is so good at the financial field.
Well! To be honest, our compatriots are often good at doing business.
There are many wealthy overseas Chinese, especially in Southeast Asia, and many of them started their business in rubber, fruit, plastics, etc.
My dear, there is more to this chapter. Please click on the next page to continue reading. It’s even more exciting later!
Continue read on readnovelmtl.com
