Chapter 100 Qinhan Group



Hengtai, which destroyed Xu Jiayin, has entered the top ten real estate companies. Although there are rumors everywhere outside, Qin Shi did not cause chaos in China. This is already the best result.

Qin Shi established the Qinhan Group in his own name. When all problems became difficult to resolve, the Qinhan Group took on all the debts of these real estates.

Like Mingyue Group, Qinhan Group was a separate business group established with Qinhan as its legal entity. This was essentially a new group company that took over all the overseas loans of these real estate developers, so those matters could only be handled by Qinhan Group.

Next, the Qinhan Group and the state began to intervene. No one left the investigation team for three days, but the news outside had already exploded.

"Breaking news! China's top ten real estate giants have suddenly lost contact. A major economic crisis is imminent!"

"Headline, headline, after Hengtai, people are living in poverty, the top ten real estate companies have disappeared one after another, where will China go in the future!"

"Blood and tears! Millions of people have been left homeless, and the government has yet to make an official response!"

"Qinhan Group is involved in all real estate projects. What's the plan?"

. . .

Pieces of news and countless rumors are spreading across China, but at least these are controllable, and international pressure has already begun.

"The companies guaranteed by Huaxia Bank have stopped repaying their loans. The endorsement has been established, and Qinhan Group has become the scapegoat for all the real estate debts, but there seems to be no sign of repayment."

"The Chinese government is aiding and abetting the evil, using shell companies to back all its overseas debts. This is a classic case of not wanting to repay. This behavior has violated international business regulations and should be severely punished."

"What is Huaxia doing? Their own public officials have set up companies and taken on all external debts. This bond transfer is blatant fraud!"

. . .

China had never received such an attack before, and everyone in the Ministry of Foreign Affairs was extremely worried about it. Meanwhile, the Qinhan Group was also dealing with it urgently.

"Qin Shi, we can't bear it anymore. The international community, countries led by the United States, and the International Law Alliance are all putting pressure on China. This cannot go on!" Chang Yuan from the Ministry of Foreign Affairs was almost crazy. The Chinese people pay most attention to reason and evidence. Now that the loan has been stopped for no reason, the international community is pointing all the spearheads at China.

"Minister Chang, it's almost there. Just hold on a little longer. Once the formalities are completed, we'll resume normal repayments!"

Qin Shi didn't want to default on his foreign debts, but all the procedures couldn't be completed in one day. Before the procedures were completed, Qin Shi didn't want to spend any money.

Hengtai Group collapsed and all its debts were taken over by Qinhan Group, which then handed over all its employees and unfinished property developments to other real estate companies.

Qinhan Group also has to take over other real estate companies. These debts and procedures can be completed in a day and a half, but it has been three days and three nights, and everyone has been working non-stop.

China will not say anything to the outside world until the Qin Dynasty's affairs are completely resolved, but now it can no longer hold on.

"Team Leader Qin, this is the last spare money the country has now. We really can't take out any more money. Please be careful! We have even given you international bonds!" Even the Ministry of Finance couldn't stand it when they saw Qin Shi's actions.

Regarding the Qin Shi incident, the country took out 10 trillion and gave it to the Qinhan Group. Although this 10 trillion was basically the money earned by Qin Shi when he discharged nuclear waste water in Sakura Country, it was simply a drop in the bucket compared to overseas debts.

"Right now, I don't want to use it all, I just want to pay it back bit by bit!"

The loan from the Ministry of Finance had just been released, and the Ministry of Commerce came to urge for payment. After things settled down, even Zhang Zizai from Congress called.

"Team Leader Qin, we have to hurry. Congress has been bombed. I heard from the National Defense Department that the Eagle Sauce aircraft carrier has begun to sail towards Chinese waters..."

“Right away, right away!”

The storm has come, and Qin Shi is also gradually testing the abyss of international capital. In fact, all the preparations have been basically completed, but Qin Shi still did not make any external statement until another day passed, and the Ministry of National Defense could no longer bear it.

"Team Leader Qin, it's no use. The Eagle Sauce Country's warships are approaching. If you don't speak up, a fight will really start."

"Okay, I got it!"

Just when Qin Shi was busy dealing with the situation in the office, Chang Zheng finally ran into the office with the documents.

"Team Leader, the foreign bank's agreement has been signed. As soon as we start repaying the debt, the transfer of all offshore debts will be finalized!"

"Okay, make the payment, and then prepare for the press conference!"

Qin Shi waited for two more days, just to know the attitude of these overseas banks. If they did not agree with Qin Han Group's approach, they would not get a penny. Qin Shi's idea was that as long as they agreed, he would start repaying the money immediately.

Just when the aircraft carriers of China and the United States had been dispatched, and just when China's international relations reached its limit, Qin Shi began to show up.

"Huaxia Qinhan Group has now officially taken over the overseas debts of the top ten real estate companies and has already completed the first repayment with the overseas banks. Furthermore, the previous guarantee from Huaxia Bank has been revoked. Qinhan Group will use Huaxia's overseas claims as collateral. From now on, all debts will be borne entirely by Qinhan Group, and it will no longer have any connection with Huaxia Enterprises or Huaxia Bank!"

Media from all over the world were there, and as soon as the news was released, all countries were wondering what China was up to. By operating like this, the end result would be nothing more than concentrating all debts and then declaring bankruptcy. Was it planning to default on its debts?

"Huaxia is not doing this to default on its debts. It is simply a new way of centralizing debt management. We will accept supervision from the international community at any time."

After the information was announced and resources and liabilities were integrated, Qin Shi also produced proof of payment as evidence, and the voices outside China gradually faded away.

"From today on, I have resigned and will no longer be a civil servant. I will switch to the business world. I hope that the Qinhan Group can prosper along with China!"

Some people have always said that the Qin Han Group’s background is China. Now that everything has been finalized, Qin Shi directly resigned from his government job.

Congress acquiesced to all of this. All official documents were stamped with approval, and Qin Shi took on the entire responsibility for the country.

With the advance payment of part of the funds and the top ten real estate companies' own working capital, the capital chain started to move again.

As a result of these operations, Qinhan Group became the most indebted enterprise in the world, and the legal person Qin Shi became the poorest person in the world.

Qinhan Group, with debts of one hundred trillion...

Qin Shi scratched his head. Things had come to this point. Was this a good thing or a bad thing?

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