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Chapter 1418: Chapter 1265: Why is the Asia Dollar Trustworthy? (Please subscribe!)
"This is just for this year, it’s impossible to maintain this rate every year."
Chai Ren said.
Such a high starting point.
Next year.
An average growth rate of twenty percent for the whole year would be considered good, and it might even fall short. Once the period of rapid growth is over, even an eight percent growth for Huaxia annually would astonish the world.
At a certain point.
Even one percent.
Would require tremendous effort.
"I know, but their growth rate is too fast, and it’s not low-quality economic growth. It’s growth with substantial substance and potential for development," Bao Kaiyu praised endlessly.
"How about we make a bet, for next year, I bet it won’t exceed ten percent, no, fifteen percent."
Zhai Zhihua was giving himself some leeway.
Too bad.
Bao Kaiyu wasn’t foolish.
"Come on, like you could predict, I wouldn’t bet. Fifteen? Ten would be great already," Bao Kaiyu curled his lip, feeling that the bet held no suspense unless next year there’s still land sales and crazy infrastructure construction.
Upon hearing this.
Chai Ren suddenly chimed in.
"Alright then, what shall we bet?"
Bao Kaiyu asked out of curiosity, "Do you feel so optimistic about this place?"
Chai Ren smiled and shook his head.
"I’m not optimistic about this place, but I am optimistic about one person—Ling. He has created miracles time and time again. Everything you see before you is related to him. Even if I have no faith in others, I make an exception for him."
It’s not just him.
Here.
Nobody does not worship Ling.
With his own power.
He changed everything.
He firmly stabilized the whole situation and brought them hope, as well as the associated economic benefits. His prestige has surpassed all previous ones. Lang Cai? Many have almost forgotten him.
Upon hearing this.
Both of them nodded in agreement.
"Then it’s settled. As for the wager, let me think, money is so vulgar, boring. How about we bet two hundred grams of the tea from Tang Qing," Zhai Zhihua thought for a while and clapped his hands.
"That’s fine. But, do you have it?"
Chai Ren questioned.
"..."
Zhai Zhihua, of course, planned to win. He didn’t actually have so much stock and argued stubbornly, "Don’t worry, I won’t go back on my word. If you win, I’ll beg for it and get it for you."
Chai Ren laughed loudly.
"You made such a fuss, and it’s not even your stuff."
"Hehe, once I get it, won’t it be mine?" Zhai Zhihua wore a smug expression on his face. This bet was a sure win, at most the cost would be a plane ticket to Shanghai.
Haha.
I really am clever.
Then.
The three of them continued their stroll.
Picking up some unique items to take back with them. 𝓷ℴ𝓿𝓹𝓾𝒷.𝓬𝓸𝓂
...
Inside the capital.
At the Lang Cai household.
He was having a meal with his daughters.
On the table.
The topic discussed the most was that their company was also part of the going-public listing this time. Thanks to the underwriting by Myanmar Bank Group, their stocks were sold out even before the market opened.
They had gained a total of three hundred and forty million Asia Dollars in capital.
This money.
Was all pure profit.
However.
The money didn’t go into their pockets, but was reinvested into the stocks of major companies, just like other institutions, ready to make a sure profit once the market opened.
"Dad, could you ask Ling what price he plans for Myanmar Environmental Technology Company’s stocks to reach so we can sell early?" The eldest daughter was looking to exploit the remnants of her father’s influence.
Upon hearing this.
Lang Cai snorted.
"This is determined by the market, what does it have to do with Ling."
"How can it be unrelated, who doesn’t know that he actually controls this company, now the international capital coming in is too much, all targeting this company, Ling definitely has his own ideas."
The eldest daughter hastily said.
"Why don’t you ask him yourself?"
Lang Cai continued to eat his food and drink wine.
"I’m not you, if I did ask, he wouldn’t tell me either." The eldest daughter still had some self-awareness.
"Do you think that my face still carries that much weight? Moreover, the next time you come back for a meal, eat properly. At the table, no one is allowed to talk about money or companies, if you want to talk, go outside to do it."
Lang Cai’s tone became stern.
Truly embarrassing.
It used to be like this.
It’s still like this.
Is it that I haven’t provided you with enough to eat?
Or with clothes to wear? All day long, you think about these trifles, can’t you think of the proper way, how to run the company well, always looking for shortcuts, once or twice is enough, but it’s the same every time.
It’s also fortunate that I stepped down.
Otherwise.
They would definitely be aphids on the leaves.
"Fine, we won’t talk about it then." Chastised like this, the eldest daughter murmured weakly.
To rush Lang Cai?
There’s no benefit.
Everything they have is because of Lang Cai’s relationships, everyone has been considerate because of her father’s face, and haven’t troubled her excessively, but as Ling’s tenure grows longer, this influence increasingly weakens.
A large number of newly promoted.
Hardly give them any face.
Even for traffic violations, they have to pay the full amount of the fines, you can imagine their current situation. Towards Ling, from initial defiance to now still being defiant but increasingly fearful with each passing day.
Because.
Even the guards outside Lang Cai’s place.
Are now Ling’s people.
The original ones.
Have all resigned.
The reason for resigning was that she brought over one of Lang Cai’s old subordinates, but she did not expect that this old subordinate would actually want to see Lang Cai making a comeback, even going as far as suggesting an assassination of Ling.
At that moment.
She was nearly scared out of her wits.
Because there were also two guards listening to this talk, people she had brought in herself, completely unable to clear themselves even if they jumped into the Mekong River. Once it got out, Ling would have to deal with her no matter whether he wanted to or not.
The next day.
The guards resigned en masse.
They.
Dared not leave the house for a week, and dared not express any opinions on the change of guards, an idiot would know, if Ling found out, and they made another wrong comment, they couldn’t assure themselves of what Ling might do.
...
At this moment.
On the other side of the Earth.
The day had just broken.
The international news segment of the American media reported on Kan Qin’s return to his country, of course, this wasn’t the focus, a minor country’s vice premier’s return, what was there to report about? What they reported on was a question.
"This time, Myanmar has issued loans exceeding fifteen billion U.S. dollars to Africa, and moreover, in the form of the Asia Dollar. Does the nascent Asia Dollar really possess international influence?"
"No, it does not, its domestic economy primarily relies on the support of enterprises from the Myanmar series, this kind of credit currency, supported by a minority of companies, doesn’t have broad-based credibility."
"The internationalization of the Asia Dollar might be a pseudo-proposition; its issuance basis is weak, and it still manipulates exchange rates. Given that these lending actions involve multiple countries, it is suggested that the IMF issue a warning about this risk."
"..."
Within the article.
Regarding the Asia Dollar.
Almost all the terms used were ’unreliable’, ’risk’, ’exchange rate manipulation’, and other words that would worry investors.
Their intention was very malicious.
If the IMF followed by making a statement, other countries would then not dare to accept Asia Dollar loans easily, and at the same time, it would be unfavorable news for the stock market that was preparing to launch.
The core message.
Was why the Asia Dollar deserved trust?
Anyone with a discerning eye.
Could tell it was related to Wall Street. The Myanmar Environmental Technology Company did not go public in the United States, which wasn’t good news for U.S. Stocks. On the eve of the market opening, they wanted to stir up a scene, the bigger the better.
