Zhao Meng acted quickly. As a local boss in San Francisco and one of the leading figures in the Chinese community there, some things were very easy for him to do.
The 80 million Euro notes with a face value of 500 Euro that Yang Jing told him in the morning had been exchanged for green Franklins in the afternoon.
Although the euro cannot be circulated in the United States, many Americans are keen on speculating on the euro, especially the vampires on Wall Street.
The current exchange rate of the euro to the US dollar is maintained at approximately 1:1.166. Yang Jing's 80 million euros can be exchanged for more than 93 million US dollars. Together with the 8 million US dollars in cash, Yang Jing's account suddenly has more than 100 million US dollars.
As for the bearer bonds, the exchange speed is also very fast. There are many people on Wall Street who collect these things, especially these bonds are long-term bonds with a term of ten years, and most of these bonds were purchased at the end of 2008. In other words, those who hold these bonds by the end of this year can not only exchange the principal, but also get a lot of interest.
For example, the 200 million U.S. Treasury bonds were issued after the subprime mortgage crisis, so the interest rates of these bonds are relatively high. For example, the interest rate of the ten-year bonds is close to 4%. In order to quickly sell these bonds, Yang Jing asked Zhao Meng to exchange them without charging interest, but only the principal. Therefore, as soon as these bonds appeared on Wall Street, they were directly swallowed up by some tycoons.
The same is true for government bonds of other countries, so they can be exchanged quickly.
In just two days, Zhao Meng transferred another $600 million into Yang Jing's account.
Of course, this account was specially set up by Yang Jing in Switzerland. Although there was no tax on both the principal and interest of U.S. Treasury bonds held in the United States, the amount was so huge that Yang Jing did not transfer the funds to his personal account in order to avoid unnecessary trouble.
He will inevitably be active in the United States in the future, and Yang Jing doesn't want to be targeted by those guys from the IRS.
As for the gold and diamonds, it would take a little longer to sell them. In addition, in order to avoid taxes as much as possible, Zhao Meng needed to use many reasonable tax avoidance methods to sell these diamonds and gold. In order to sell these precious gold and diamonds, he even set up an offshore company in the Bermuda Islands...
However, the extra $700 million in the account is enough for Yang Jing to fully develop the Grand Canal.
The exchange went smoothly and Yang Jing was in a good mood. After transferring $400 million to a special account in China, Yang Jing was completely relieved.
The $400 million is enough to support the entire Grand Canal development project.
After finishing this task, Yang Jing took Lin Dan and walked onto the Golden Gate Bridge. Chris and the other four were still protecting them secretly.
Yang Jing has been to San Francisco three times, but he has never visited the Golden Gate Bridge, the iconic building of San Francisco. Today he happened to be free, so he dragged Lin Dan here early in the morning.
The weather was very good today with high visibility. Yang Jing, wearing sportswear, and Lin Dan walked along the bridge's trail to the middle of the bridge, then looked toward the bay area in the west to greet the sunrise.
"Brother, you didn't pull me here just to watch the sunrise, did you? Come on, I'm sick of watching this thing..." Lin Dan was in a bad mood after being woken up by Yang Jing before four o'clock.
"Young people need to exercise more. Getting up earlier won't kill anyone." Yang Jing teased Lin Dan while looking at the rising sun rising from the mountains east of the Bay Area.
"Brother, you are not much older than me, right?" Lin Dan continued to complain.
"You little brat, I pulled you out here so you can experience the magnificence of the sunrise in the east."
"Brother, I have experienced this kind of magnificence countless times since I was a child."
"Then feel it again... Stop complaining. If you continue to complain, I'll punish you to go back and write an essay about your feelings about watching the sunrise."
"Well... okay, you win, since you are the eldest brother..."
The sun popped out very quickly, but I have to admit that it feels really special to watch the sunrise on this suspended bridge.
"Very beautiful!" Yang Jing couldn't help but praise.
Lin Dan curled his lips and said, "What's that? If you come here in winter, I'll let you see the sea of clouds and the sunrise together. That's really beautiful."
"Okay, since you said so, when you have the chance to come here in winter, you have to let me see the sunrise over the sea of clouds, otherwise, I will punish you by making you write an essay."
"Brother, can we stop talking about composition? Priss..."
Yang Jing burst into laughter and was in an extremely good mood.
"Brother, did you see that white yacht?"
Yang Jing looked in the direction Lin Dan pointed and indeed found a huge white yacht. "This yacht is quite nice. It's quite big. I guess it costs a lot of money, right?"
"No way, brother, don't you see the origin of this yacht?" Lin Dan looked at Yang Jing in surprise, as if it was a very shocking thing that Yang Jing did not recognize this yacht.
Yang Jing shrugged his shoulders. "Is it a crime not to recognize this yacht? Or is this yacht famous? But whether this yacht is famous or not is none of my business!"
Lin Dan looked completely defeated. "Brother, you are a billionaire now, so let's not act like losers, okay? There are some things that you don't have now, but you need to understand them. When you understand enough, you can have them. Because those things are what reflect the true value of a man."
My dear, there is more to this chapter. Please click on the next page to continue reading. It’s even more exciting later!
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