Rebirth of the Great Entertainment Empire

Chapter 444: Start to close the position

This time, Xu Cun and his family spent a bit of time on vacation on Musha Island - it was not until the end of April that Xu Cun returned to Xiangjiang with his family.

After taking a long vacation of two and a half months, Xu Cun's exhaustion was swept away. At the same time, during this period of time, Xu Cun created a lot of lives - Ye Qianwen's third pregnancy. Zhao Yazhi, Luo Meiwei, Xixie Michiko, Bo Anni, and Yang Liqing are pregnant for the second time. Zhou Huimin, Zhu Baoyi, Maggie Cheung, Tomita Jingzi, Ye Yuqing, Zhang Min, and Ye Quanzhen are pregnant for the first time.

By the way, Xu Cun didn't move Lin Zhiling - although Lin Zhiling gave the examples of Noguchi Nanako and Miura Rieko at the first time, Xu Cun still threw Lin Zhiling out when he was having **** with Li Zawa. The reason why Xu Cun is like this has nothing to do with morality. It is really that Lin Zhiling is far less developed than Noguchi Nanako and Miura Rieko. Therefore, Xu Cuncai gave Lin Zhiling a little more development time.

...

As soon as he returned to Xiangjiang, Xu Cun gave Yuan Tianfan, He Chaoqiong, and Li Zhi an order to start closing positions at a constant speed, and they would all be closed before October this year.

Since the Plaza Accord was implemented, the yen exchange rate has been on the rise.

Up to now, the exchange rate of the US dollar against the Japanese yen has exceeded the one-hundred-sixteenth mark.

Today, the U.S. dollar is still surging against the Japanese yen. At present, the United States is still facing economic depression, fiscal deficit, trade deficit, domestic employment pressure, and national dissatisfaction. It is still troubled by backlogs. Therefore, the U.S. government authorities headed by U.S. Treasury Secretary James Baker and experts represented by Fred Bergsten (Director of the American Institute for International Economics) have continued to intervene verbally on the dollar, saying that The level of the US dollar exchange rate is still high, and there is still room for decline. The US dollar continued to fall sharply against the yen under the hint of a tough stance from the US government.

In other words, countries are still selling dollars, while absorbing yen and marks, and then the frenzy of market investors to sell dollars continues, while countless international speculators are looking for yen and marks in currency markets around the world, As a result, the dollar continued to depreciate significantly against the yen and the mark.

In such a big environment, if Xu Cun wanted to close his position, it would be too easy, even if Xu Cun threw out all the yen in his hand, he would be swallowed by the crazy international currency market in a very short time!

There are two main reasons why Xu Cun did not throw out all the yen he had hoarded:

The first is naturally that Xu Cun does not want to stimulate the crazy international currency market, and then let the international currency market cool down in advance.

The second is that the sharp appreciation of the Japanese yen against the US dollar caused by the Plaza Accord is far from over. At present, the Japanese yen is still rising sharply against the US dollar, and this appreciation will continue until 1988. At the end of the year, it will start to decline in 1989. Even if the G5 signed the 'Louvre Agreement' (G5 countries met again at the Louvre in France in 1987 to review the impact of the abnormal devaluation of the US dollar since the Plaza Accord on the international economic environment, and the use of exchange rate adjustments to reduce the US trade deficit) The result is that the U.S. export trade did not grow during this period, and the crux of the U.S. economic problem lies in the huge domestic fiscal deficit. So the Louvre Agreement asked the United States to stop forcing the appreciation of the yen and the mark, and instead reduce the government budget and other domestic economic policies to save the U.S. economy.) failed to change the fate of the yen's continuous appreciation.

As for why Xu Cun doesn't keep holding Japanese yen, we have to talk about Xu Cun's character - Xu Cun has never been a gambler, so he will not bet on February 22 next year in Paris, France Can the meeting of the finance ministers of the seven countries held at the Louvre change the fate of the yen's continuous appreciation, even if he has a greater chance of winning. Moreover, once the Louvre agreement is reached, countries will start and stop to suppress the selling of the dollar. At that time, it will be relatively troublesome for Xu Cun to withdraw from the market. In addition, from the end of 1986 to the signing of the Louvre Agreement, the Bank of Japan will cut interest rates five times in a row to actively control the appreciation of the yen, and Xu Cun should also avoid this.

Of course, Xu Cun, who has always been greedy, has not completely closed his positions - the yen hoarded by Baye Bank and the yen he hoarded in the Bank of China Group, Xu Cun is ready to wait until October to make a move.

...

Japan.

Tokyo.

Financial Street, Chiyoda Ward.

Inside the President's Office at the headquarters of Mitsui Bank.

When the three lawyer teams brought by Xu Cun checked the relevant procedures for the Huangtu Land that Xu Cun mortgaged to Mitsui Bank, Xu Cun and the president of Mitsui Bank were drinking tea and chatting:

The president of Mitsui Bank said sourly: "Congratulations, Xu Sang, you have earned at least one trillion yen in just one year!"

Xu Cun took a sip of tea and said, "If it's just like what you said, I'll be fine. I've converted all the money you loaned from Mitsui Bank into dollars and renminbi and put it into the construction of my various industries in China and Xiangjiang. Among them~www.wuxiamtl.com~ It would be strange if the president of Mitsui Bank believed Xu Cun's words - the president of Mitsui Bank is not stupid. With certain benefits, Xu Cun came to Mitsui Bank this time not to repay the money but to talk about continuing the loan?

but--

To say that Xu Cun has made too much money in the process of the sharp appreciation of the yen, the president of Mitsui Bank doesn’t believe it. There are more than 3,500, and even DreamWorks cinemas have increased by 80 to 390. In addition, the Baye Plaza project, the Xiangshan Building project, the Miramar project, the DreamWorks Studios project, the Xucun manor on the Shek'ao Peninsula, and the Prince Guo Mansion in Beijing were all under construction at a rapid pace during the year. Among them, the Xiangshan Building project and the Miramar project have been completed, and the Baye Plaza project and Xu's estate in Shek'ao Peninsula are all nearing completion. Let me ask, what kind of money does Xu Cun use to support such a huge construction without the three trillion yen that they borrowed from Mitsui Bank?

Here, it has to be said that the president of Mitsui Bank is too arbitrary-how could the president of Mitsui Bank, who is at the root of Xu Cun, think that Xu Cun not only loaned three trillion yen from their Mitsui Bank, but also from Citibank. 3.5 billion US dollars and 2 billion yuan in loans in the mainland?

Although he does not believe that Xu Cun has made too much money in the process of the sharp appreciation of the yen, the president of Mitsui Bank believes that Xu Cun, who can repay all their Mitsui Bank loans, has passed the most difficult task.

Therefore, the president of Mitsui Bank took the opportunity to invite Xu Cun, who was wealthy, and said, "Xu Sang, I wonder if you are interested in participating in a project that is sure to make money?"

...

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