Chapter 2215 Doing the Best You Can
It's not that Jin Ling has too high demands on Feng Yiping, it's mainly because his remarks are always fully spread.
According to the news just fed back by Google China, according to the current trend, he will definitely be on the hot search today, and he will most likely beat out those star CPPCC members and become the headline of the hot search.
Several lines from his remarks, especially "We are not God, we are Jesus who was crucified and bled," have gone viral online.
In the current general environment, this is certainly not a very positive statement.
"You usually pay so much attention, why are you so unreliable at such a critical time? You can just talk about the problems that exist. Why do you make such a metaphor that is vivid but very sensational?"
"Don't get excited." Feng Yiping over there still sounded very calm. He seemed to be drinking water. "This is the secret to making your views spread more widely."
Jin Ling became even more angry, "Can you not make your opinions so eye-catching at such a special time?"
“If we want to build momentum for Tesla, don’t we have other ways?”
"You really don't need to be nervous. Think about it, this is CCTV," Feng Yiping said. "Do you think if they think what I said is inappropriate, everyone can see it on TV?"
"Uh...," Jin Ling was speechless.
Don't tell me, that's really what happened, that's CCTV.
Since his interview can be broadcast, it must have passed the review.
But she would definitely not let Feng Yiping be so proud, "Anyway, in view of the serious consequences that your big mouth may bring, I have asked Jiayi to take her team and set off for the capital,"
"From now on, even your speech in the group discussion will be reviewed by them,"
"Bye,"
Is this dead? Are you worried that I will object?
It seemed that she couldn't let her know about the next arrangement, otherwise, she would be annoyed to death.
…………
In Jiasheng Business Center District, Jiasheng Holiday Hotel, Governor Zhou smiled and shook hands with Feng Yiping and his provincial representatives to say goodbye. Feng Yiping was already waiting by the elevator, "Teacher, please,"
President Zhou walked into the elevator and looked at his watch, "One level, half an hour, is that enough?"
"That should be enough," Feng Yiping said.
These days, leaders like President Zhou have to attend too many seminars and meetings, and they are really busy. It is not easy to squeeze out half an hour.
"I'm really curious. I usually don't even say a few words in the email. Why did you come to me so solemnly this time? What's the big deal?"
"Your company's financial situation is very good. Even if your company's financial situation is not good and it needs financing, based on your personality, you will never take the initiative to come to me,"
"Teacher, please," Feng Yiping took President Zhou and sat down by the window. "The reason why the emails are very brief is because I don't want to waste your precious time."
"The reason why I'm meeting with you this time is because there are really important issues that I want to discuss with you,"
"I'm looking forward to it," the president said with a smile, holding the teacup.
"I don't know if you have seen this issue of Frontier magazine," Feng Yiping picked up a copy of Frontier magazine, but it was not the March issue, but the January issue.
The president only glanced at the cover and immediately said, "I've seen it,"
"I must read the January issue of Frontier every year. What's more, in this year's issue, you published a rare signed article,"
"Some of the points you made in that article were impressive,"
"Teacher Zhou," Feng Yiping stood up, "This is exactly what I want to talk about."
"Haha, you would definitely not choose this time to debate with me whether there are real systemic risks in the U.S. financial system," said Governor Zhou.
Even when he was not so busy, Feng Yiping would not go out of his way to ask him to endorse the views in his article.
"I really don't want to discuss this issue with you, teacher, I just want to tell you something,"
Hearing him call him teacher again, President Zhou noticed that it seemed that today, he had been calling himself teacher instead of his title.
Could this mean anything?
"I am convinced that there is really a systemic crisis in the U.S. financial system. To this end, I have established a US$4 billion fund in order to profit from this change,"
The governor was stunned for a moment, although from the perspective of his position, US$4 billion is really nothing, because last year, our country's foreign exchange reserves exceeded the trillion-dollar mark for the first time.
But Feng Yiping set up a US$4 billion fund specifically for this purpose. It seems that he firmly believes in his own point of view.
"This fund is composed of Jobs, Page, Brin, and me, each investing US$1 billion,"
This made the president pay more attention to it.
This combination can be said to be the Silicon Valley dream team. The four of them are all leaders in their respective industries. They all agree with Feng Yiping's opinion? "
"Now, we have used all of the US$4 billion, and we have also used some leverage," Feng Yiping said.
"All in?"
"Yes, all voted in," Feng Yiping sat down again and nodded seriously.
The president couldn't help but be stunned. He voted all in and added leverage. This was really not an ordinary belief in his own point of view.
He picked up the "Frontier" again. Could it be that what Feng Yiping expected would really happen?
However, judging from the situation I know, the probability of such a thing happening seems really low.
What problems could lead to major changes in the U.S. financial sector, which currently seems to be in good shape?
But he immediately understood what Feng Yiping wanted to talk to him today, "So, what are you mainly talking to me about today, or about our next foreign investment issues?"
"Yes, teacher, I think that under the current situation, we should be more cautious, especially investments related to the financial field,"
"I think if my judgment is correct, if we continue to invest in the financial sector in Europe and the United States in the next period of time, we will really be like fools,"
Since he keeps calling President Zhou teacher, he speaks very straightforwardly.
Governor Zhou was not impressed by Feng Yiping's choice of words. He thought about it and asked another key question, "When do you expect your judgment to become clear?"
Although he knew the specific time, Feng Yiping still said, "It may be at the end of this year, but it may also be next year."
In fact, some clues can be seen about this now, but financial practitioners, led by Wall Street, still hold a very optimistic attitude towards this, believing that it is an isolated and rare phenomenon.
Mainstream circles in the United States are generally dismissive of some of the problems currently exposed. The most intuitive reaction is that the Dow Jones Index is still rising.
The United States' behavior will naturally make other people feel that there is no problem with their economy.
"In other words, it will be at least more than a year," the president stood up and looked out the window with his hands on his hips.
Feng Yiping understood the half of what he didn't say. It will take more than a year to see the situation clearly, so it is obviously difficult to control foreign investment now.
Feng Yiping also knows the reasons for this very well.
Recently, almost every once in a while, the State-owned Assets Supervision and Administration Commission will announce an "ultimatum" to all central enterprises. The number of central enterprises will increase from more than 170 to more than 160, and then to 80, or even 40 or 30. For many central enterprises, For the bosses of central enterprises, these are numbers that can make them sleepless.
The leaders of the State-owned Assets Supervision and Administration Commission have made harsh words more than once. If the top three state-owned enterprises in the industry are not included, they will be forcibly reorganized and punished on the spot.
Such a policy will inevitably make some state-owned enterprises have to invest in projects and acquire companies at all costs, and make their business bigger. If they become bigger, they can acquire others, otherwise they will be acquired by others.
This has almost become a fast-running game among central enterprises. I don’t need to do better than you. I just need to run faster than you and do something big. I will be the winner in the future.
Those who run slower than me, sorry, just wait to be regrouped by me.
Under such an assessment system, for many state-owned enterprises and state-owned enterprise leaders who are unwilling to lose their current status, spending money seems to be more important than making money. Whoever can get projects and money will be able to grow bigger and keep their business. Own your own hat and protect your own future.
Therefore, if it is necessary to control foreign investment now, but there is no clear reason yet, even if such a decision is passed, it will definitely be unanimously resisted by state-owned enterprises.
And there is strong resistance.
You say it easily, but if I don't acquire it and don't talk about the company, my personal future will be in vain.
However, if acquisitions, especially overseas acquisitions, are done well, not only can your company escape from being reorganized and integrated, but you can also get the attention of senior management, and you can transform from an entrepreneur to an official. This is already the case. Followable.
So, why should I listen to you?
And President Zhou has more information than Feng Yiping.
As the country's foreign exchange reserves have successfully exceeded one trillion U.S. dollars, how to maintain the value of our foreign exchange reserves is a big problem.
To this end, the National Foreign Exchange Investment Corporation is currently making intense preparations.
Moreover, this company currently has some investment intentions.
What is very unfortunate is that these investment intentions happen to be concentrated in the financial field.
Feng Yiping didn't know much about these situations, but he knew some of the subsequent trends.
This company later became known as China Investment Corporation, or CIC for short.
It should be said that I still have some vision, but my investment skills and opportunities are really poor.
They rushed to Blackstone in the United States before it went public and invested US$3 billion to buy more than 100 million of their non-voting shares at a price slightly lower than their issue price. However, not long after Blackstone went public, the stock price plummeted until Feng Yiping in 2014. Before its rebirth, Blackstone's stock price still failed to rise back to the level of 2007.
So, what should we do with these 3 billion US dollars? Even if it is placed in a bank, even if it cannot outrun inflation, by 2014, there will definitely be more than US$3 billion on the books.
They also invested US$5.6 billion in Noy's company, Morgan Stanley and Morgan Stanley. By 2008, the book value of this investment was only about US$1.2 billion, a huge loss of 80%.
But that's not all that he saw in the post on Tianya.
The post that impressed him so much listed the direct losses our country had suffered as a result of the U.S. subprime mortgage crisis.
At that time, he also verified entries that seemed very shocking.
The biggest loss was caused by the 92 billion investment in Rio Tinto by Chalco in 2007. By the end of 2008, the shares bought with the 92 billion were only worth more than 17.2 billion yuan, that is, a huge loss of more than 75 billion yuan!
That was our largest overseas investment at the time, and it also created the biggest loss.
But in terms of the loss ratio, Chalco still ranks behind.
In 2007, Ping An invested nearly 24 billion yuan in the famous European insurance company Fortis, becoming the single largest shareholder with 4.99% of the latter's equity.
By the end of 2008, this investment was only worth about 1 billion, that is, a loss of more than 95%.
In addition, CITIC suffered a huge loss of 15.5 billion Hong Kong dollars on the Australian iron ore foreign exchange contract...
In comparison, our banks, which turned 725 million US dollars of Lehman Brothers bonds into waste paper due to the collapse of Lehman Brothers, and lost more than 300 million US dollars because of holding bonds of the US "two houses", are really not a big deal.
However, even though he had said that, these figures, with Feng Yiping's current wealth, still made him feel heartbroken when he thought about them.
Therefore, even though he knew that doing so might bring him trouble, and there would be no consequences, he still wanted to try.
At least, he had to do his best.