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Chapter 44: Chapter 42: Liu Qian’s Test_1
After verifying all the US cash.
It was already nearly ten o’clock.
With every transaction, Liu Qian would push aside all his social obligations.
Apart from Gangzi and Monkey in the villa, there were other bodyguards outside to strictly prevent anyone from interfering with the transaction. That’s why Tang Qing, despite visiting Liu Qian several times, never saw any friends visiting Liu Qian.
Such a big boss.
Without a friend in the villa area.
That was obviously abnormal.
But what Tang Qing didn’t know was.
Qingyan City was no longer Liu Qian’s main battlefield, as his business expanded, his industries spread all over the province.
He spent most of his time in the Province City.
On the one hand, he was close to the economic center, which was conducive to industrial expansion. On the other hand, the local market had been set up by him, and his subordinates had taken over the management. Now, his goal was to develop the nationwide market.
Liu Qian had no plans to expand his real estate business outside the province at present.
The market within the province was far from saturated.
His network was also mainly in the province, and outside the province, it was less efficient. Liu Qian planned to invest heavily in the service industry next. He knew diversification was the key to risk resistance.
"Little Tang, I might need more exchange next Sunday, I don’t know if you have any problems with that." After Gangzi took the money upstairs, Liu Qian added. The recent appearance of a large amount of cash made his money exchange business booming.
He had long moved past the level of small-scale dealers.
To a higher level.
Deals involving tens of thousands had been handed over to his former subordinates, who served as his sources. These sources were also his arteries to absorb USD and other foreign currencies from the market.
These ’blood vessels’ not only absorbed but also put out.
In general, a relatively balanced situation was created.
Unlike with Tang Qing, who only supplied him with US dollars without the need for him to reciprocate. For this reason, Tang Qing had become his largest provider of US cash, which demanded his attention.
As Liu Qian moved away from the level of small dealers, his transactions became larger and larger.
It involved not only cash but also domestic and international transfers.
However, he was a principled person. There were many uses for the USD demanded by people. He would assist businessmen in shifting their assets but he would never participate in helping corrupt officials shift assets overseas.
The state was very strict in this area. Going abroad for tourism spending was fine, and if the money wasn’t enough or you wanted to spend more, it was pretty much overlooked.
If you were a businessman.
Purchasing foreign assets or investing in foreign stocks was also fine. Those who weren’t caught wouldn’t face any consequences. The control over businessmen wanting to shift assets was quite strict, but not completely restrictive as the state knows such things can’t be totally avoided.
Otherwise.
With the state’s capability, there would be no foreign exchange black market and underground money houses.
There’s hardly anything the state wants to do but can’t.
The reason for not doing it.
Is because it still has some value.
But it can’t be completely relaxed either.
However, if you shift illicit money overseas, it’s not as simple. Once it’s revealed domestically, it becomes a major issue and even the strongest backers can’t hold up.
Of course, Liu Qian understood this.
He knew where the state’s bottom line was.
So he’s been respecting this rule. Otherwise, he would have been taken down long ago, and his backers wouldn’t dare or want to cooperate with him.
"Oh? Uncle Liu, how much will you need next time?" Tang Qing asked, his heart thumping. The ’more’ that Liu Qian mentioned could be five million or even ten million.
That’s another large chunk of arbitrage profits.
"Ten million USD."
Liu Qian held up one finger.
Looking forward to his response.
Hearing Liu Qian’s words, Tang Qing’s heart pounded even harder. Ten million, that’s 83.50 million RMB. Deducting the exchange, he could earn three million five hundred thousand.
That’s a huge sum of money.
Tang Qing swallowed lightly, suppressing the excitement in his heart. After thinking for a moment, "No problem, I’ll bring the money next Sunday. As usual, advance the RMB into my account, but this time, two days in advance."
Normally, according to the old rules, one day would be enough. But there is a need to emphasize the difficulty, right?
The same amount of funds cannot be available at the same time.
That would be too strange.
At least he’s that smart.
"Ha ha, good. Little Tang’s capability really surprises me." Liu Qian said happily. He was already prepared for refusal or reduction, but he didn’t expect that Tang Qing could actually deliver.
And it didn’t seem to be his limit.
This made him reassess the strength of the partner behind Tang Qing.
Two days in advance.
From his perspective, it seemed very normal.
After all, such a large volume of transactions couldn’t be immediately accounted for just by transfers, he only assumed that Tang Qing’s partner needed more time to prepare, along with transportation.
Two days weren’t considered a long time.
Approximately twenty million dollars in cash were exchanged from Liu Qian’s place every month.
Sounds like a lot.
But upon calculation, it didn’t seem much.
Although this was an inland province, a lot of people came here for their vacations. If only a single foreign traveler exchanged ten thousand dollars a person, there would be enough to make up to the twenty million dollars from just two thousand people, let alone those people who exchanged way more than ten thousand.
Some even exchanged amounts up to thirty to fifty thousand, or even more.
As for transactions involving transfers, they were simply beyond count.
The volume was high and low, approximately sixty million dollars were in circulation last month, which seemed like a significant total, however, the commissions earned were relatively small, after all, these were not purely profits.
"You flatter us, the strength lies with my partner; I’m only a messenger." Tang Qing waved his hand.
"Heh heh, it’s pretty much the same." Liu Qian chuckled.
After that.
Liu Qian took a moment to think.
Then he asked carefully:
"Little Tang, I wonder, do you also offer abroad remittance here? After all, I have many friends who are looking to invest abroad, they want to exchange a large amount of dollars and indeed there’s no good solution available. Cash transactions are relatively easier domestically, but not apt for transfers abroad. Don’t worry, I will never be involved in any money laundering."
To be honest.
Usually, the money in the cross-border dollar exchange is mostly transferred out.
Comparatively, not much money is transferred back, causing Liu Qian to lack dollars abroad. Sometimes when he runs out of dollars, he resorted to interbank borrowing from his peers, paying a rather high service charge.
He has been through the routine with this mentality. If it was really doable, he would gain much from his assistance. After all, one who can manage such a large amount of cash surely has other ways to obtain dollars from abroad.
"I’m sorry uncle Liu, currently, my partner doesn’t offer overseas dollar transfer. However, my partner is actively working out a solution on this issue. As soon as this service is available, you’ll be the first to know."
Tang Qing said regrettably.
Considering Liu Qian launched his more personal matters.
Tang Qing didn’t feel anything out of the ordinary.
Realistically, this kind of business could only be carried out with people like Liu Qian, unless the next level allows free currency exchange, and it’s at par with the exchange rate of dollars, otherwise, he might cease this business.
However.
His cooperation with Liu Qian was more likely to be long-term.
Right then, Tang Qing felt significantly that one does not control his own fate, but if given another chance, he would still choose to collaborate with Liu Qian.
Earning money in a regular way was way too slow.
Foreknowledge wasn’t the solution to everything, there’s no base without capital. Anyone, who was asked to repeat the road to success once again, wouldn’t have the confidence to succeed again, besides, he was just a stranger.
At this moment, he felt like an ordinary reincarnator.
More of helplessness.
Rather than being proud and complimentary.
"Haha, great, let me say thanks to you in advance," Liu Qian expressed his gratitude. He was quite certain that Tang Qing’s partner genuinely had the ability to operate this business and looked forward to having a strong partner.
"By the way, Little Tang, this is my group’s diamond card. With it, you can enjoy a 50% discount on all the real estate that’s for sale under my name. Plus, all other service industries are free of charge." Liu Qian took out a black card made with an unknown material from his pocket.
He had already prepared for this.
He had only given out seven of these cards before, this was the eighth one. All the other seven card recipients were big shots or well-established businessmen. Liu Qian believed Tang Qing was already qualified to get this card.
"How could I accept this, the card is too valuable, I can’t take it." Tang Qing declined hastily... Well, he wanted it very much, but he had to be humble first.
Otherwise, it would be too much.
"How could this card be valuable? To tell you the truth, I can’t make much money purely from exchange. But the relationships that I get to network indeed could earn me more than this capital, so you’ve indeed helped me a lot."
"If there’s anything in the future, just let your uncle Liu know. For things that your partner can’t manage, leave it to me. Within the province, there’s hardly anything that your uncle Liu can’t handle." Liu Qian sincerely told him.
In this line of work.
The extensive network of relationships that he was involved with wasn’t something trivial, dealing with the absolute rich, with gigantic networks behind every businessman, as long as he doesn’t overdo anything, he could avoid pitfalls.
"Thanks, uncle Liu."
He thought to himself, he’s got another place to eat for free now, he had heard from Zhang Dongqing that the newly-opened five-star hotel in the city was owned by Liu Qian. He could go there and try some time.
"Haha, you’re welcome." n𝚘vp𝚞𝚋.com
Seeing Tang Qing accepting it, Liu Qian was relieved.
Finally.
Tang Qing had lunch and then left. Initially, Liu Qian insisted him to stay a little longer and have some fun on his property, but as a student and a middle-aged man didn’t have much in common, so he turned down his offer citing an errand.
Tang Qing indeed had something to tend to.
After leaving the villa.
Tang Qing returned the rented small van with a big smile on his face, then he took a cab to Lin Jiaxue’s house.
