Volume 7 I've Been Here Chapter 0955: Production without Idleness
"Peeling grapes." Zhao Shixian pointed to the fruit plate. "Some of the funds went through HSBC and Deutsche Bank. Both banks have branches in Mexico."
"Um."
Nan Yi picked up a grape and started peeling it. When he was done, he stuffed the grape into Zhao Shixian's mouth.
Zhao Shixian ate the grapes and spit the seeds into Nan Yi's hand. "The lion named AB asked me for $15 million for information."
"You didn't bargain?" Nan Yi said with a smile.
"I only gave you 2 million, take it or leave it."
"Haha, don't ask him for help next time." Nan Yi peeled another grape.
"I'll talk to you after I get what I want." Zhao Shixian bit a grape and said vaguely, "Help me go out for a walk in the evening. I feel a little bored."
"good."
That night, Nan Yi was telling Nan Ruojin a bedtime story, and Zhao Shixian was already sitting far away from the computer giving orders.
"The whole world stands by, and 400 million reais enter the stock market."
Brazil adopted its new currency, the "Reais", on July 1 this year. At that time, 2,750 Cruzeiro Reals (a new currency issued in 1993 that was only in circulation for one and a half years) were exchanged for 1 Real, and the exchange rate between the Real and the US dollar was 1 to 1.
Brazil introduced a new currency, the real, and implemented a pegged exchange rate system. The implementation of the "Real Plan" successfully curbed Brazil's severe inflation and reduced the inflation rate rapidly. But at the same time, the implementation of the "Real Plan" also caused a huge deficit in Brazil's current account, and the implementation of the exchange rate system pegged to the US dollar caused the real to be overvalued.
The current situation is that the exchange rate of the real will go higher, and there is a clear trend of surpassing the US dollar.
The currency value is too high, but the purchasing power is not very strong, which is not a good thing for a country dominated by export-oriented economy. Moreover, not many people are optimistic about the real's attempt to be on par with the US dollar. Currently, the real shows an upward trend, which is mainly caused by international hot money.
Brazil VS United States, Wall Street interns know how to choose.
"US$500 million, enter the IMM (Chicago Futures Market), short the peso; look for VIPs, over-the-counter short contracts, as many as you can get, move, move."
As Zhao Shixian's instructions were issued, PY Securities' Hong Kong headquarters, New York branch, Chicago branch, and Rio de Janeiro branch all started moving, with keyboards clacking and phones ringing non-stop.
The officer shook his head, put his hat back on, and said to Albert: "I'm sorry, young man. We have rules. But don't worry about your Joey. I will take good care of it until you can join our team."
You have trained this horse very well, you should be proud of it, this horse is excellent, very good. But your father needs money to keep the farm, without money, you can't run the farm, you have to understand this.
I admire your temperament. When you are old enough, you can join the self-employed farmers' organization. We need young people like you.
And I'm afraid this war will last longer than anyone thinks. When the time comes, tell me my name, Captain Nichols. I'd be proud to have you on our team."
Nan Yi closed the children's literature work "War Horse" in his hand and stroked Nan Ruojin's hair. "That's all for today's story. Let's go to sleep."
"Dad, my teeth are falling out."
Nan Yi opened Nan Ruojin's mouth and took a look. "Oh, it's really about to fall out. Sleep well. The Tooth Fairy will secretly come to you at night and exchange your tooth for a gold coin."
Nan Ruojin closed his eyes and said, "Uh-huh, Daddy, good night."
"Good night."
After Nan Yi left Nan Ruojin's room, he immediately went back to Fang's manor, found a gold bar, cut off a corner and melted it with a flamethrower, then hammered it with a hammer until it was shaped like a gold coin, trimmed it, and then polished it repeatedly with low-grit and high-grit sandpaper.
After more than two hours of filing the teeth with a file and carving the patterns with an awl, an ugly Tooth Fairy gold coin was born in Nan Yi's hands.
On the way back to Zhao Shixian's villa, Nan Yi called Dr. Chen to confirm that Nan Ruojin's teeth could be extracted. He tiptoed to Nan Ruojin's room, put the Tooth Fairy gold coin under the pillow, and carefully extracted Nan Ruojin's deciduous teeth that were about to fall out.
After observing for a while and finding no continued bleeding, Nan Yi came to Zhao Shixian again and asked, "Are you done with your work? It's time to go to bed."
"Wait a minute, it will be ready soon." Zhao Shixian replied to Nan Yi, and then shouted to the assistant beside him: "Rio de Janeiro, establish a short position in the stock index, I will leave, Nian Lufu Stand by."
Assistant: "The president of the year is here."
"OK." Zhao Shixian handed his hand to Nan Yi, "Help me walk in the garden first."
Nan Yi helped Zhao Shixian to the garden, and the two of them took a leisurely walk. Zhao Shixian stroked her belly and whispered softly, "Jiatong is a good baby and won't kick mommy."
"Ruoqi is my child, so of course she's good."
"Jiatong, Zhao Jiatong."
"Okay, okay, Jiatong." Nan Yi didn't argue with Zhao Shixian, but helped him move forward.
"I want to swim."
"Let's talk about it tomorrow. It's too cold now."
"Let's go to the high street for a late night snack."
"I'll make it for you and we can eat at home."
"No, I want to eat seafood."
"I'm giving you face..." Nan Yi saw Zhao Shixian clenching his fist against his stomach and quickly admitted his mistake, "Don't go out, I'll go buy it."
"hurry up."
"knew."
Nan Yi helped Zhao Shixian into the house and rode out as fast as he could to buy seafood.
The next day, when Nan Yi came back from jogging, Zhao Shixian had already gotten up and was sitting in the yard looking at the report. Nan Yi quickly washed up, served the old lady breakfast, and then went to Nan Ruojin's room to wake her up.
When Nan Ruojin woke up, she felt like something was missing in her mouth. She put her finger into her mouth and said, "Daddy, I have no teeth."
"real?"
"Dad, look."
Nan Ruojin lifted up her upper lip, showing the hole to Nan Yi.
"Wow, it's really gone. The Tooth Fairy must have replaced it. Let's look around and see if the Tooth Fairy left any gold coins."
Nan Ruojin's eyes lit up, and she quickly picked up the pillow. She saw the Tooth Fairy Coin at a glance, picked it up excitedly, looked at it in her hand for a while, and then pouted, "The Tooth Fairy Coin is so ugly."
"It's not ugly. Dad thinks it's very beautiful."
"Ugly." Nan Ruojin hugged Nan Yi and murmured, "Daddy, I like beautiful gold coins. Make them prettier next time."
"Do you know it was Dad who did it?"
"uh-huh."
"Okay, Daddy will make a beautiful one next time and carve your portrait on the gold coin, okay?"
"Thank you, Dad."
"Okay, get up quickly, Daddy is waiting for you to have breakfast."
"Um."
After Nan Ruojin finished washing up, the father and daughter went into the dining room to have breakfast together.
Nan Yi eats pickles, fermented bean curd and porridge, while Nan Ruojin eats mixed oatmeal. When traveling, Nan Yi will take Nan Ruojin to eat something fresh, and at home she eats according to the diet prescribed by the medical care team for her, which is light but also takes the taste into consideration.
If you are young and can cultivate your diet structure and eat a light diet, and have perfect medical insurance, it is not nonsense to say that you can still be energetic in your eighties or nineties.
After breakfast, Nan Yi left Nan Ruojin in the villa to play with Zhao Shixian, while he went through customs to attend a meeting at the Reclamation Group.
"Chairman, Mr. Nan, our latest summary of data shows that farmers' benefits from growing corn have exceeded 33.5% of soybeans, and the planting areas of corn and soybeans are highly overlapped. This year, the soybean planting area in Northeast and North China has decreased by about 3 million mu.
This year, the number of pigs raised nationwide will increase by 1.52 times compared to last year. Based on the current number of pigs, the price of pigs will fluctuate next year, and it will soon be difficult to sell pigs. "
"Guofeng, let's not talk about pigs first, let's continue talking about soybeans." Ge Cuizhu reminded.
Shi Guofeng nodded, "Okay, Chairman. As the number of live pigs increases, it has become difficult for free-range farmers to obtain enough pig grass in the wild. In addition to feeding pigs porridge mixed with rice bran, free-range farmers also buy corn pellets as a supplementary food for pigs.
Farmers who raise about 10 to 30 pigs mainly feed them corn pellets and pig feed. Some farmers also contract the swill from factories and schools.
Farmers who raise more than 30 pigs mainly rely on pig feed, supplemented by other pig feed.
According to the current demand for pig feed and the reduction in soybean planting area, it is expected that by 1996, the supply of soybean meal for pig feed production will become very tight, and our reclamation group needs to formulate a plan to stockpile soybeans. "
The two main ingredients of pig feed come from corn and soybeans. Insufficient supply of soybeans will directly affect the normal production of pig feed.
"Nan Yi, what do you think?"
"Aunt, do you remember those messy things I asked you to keep in the chicken pond?"
"You mean black water worms, mealworms, and those bugs?"
Nan Yi nodded, "Yes, we can find the answer from them. In addition, in 1986 I proposed a plan to improve pea varieties. Should there be any results?"
Ge Cuizhu: "The results have been achieved a long time ago, but they have only been planted in small areas and have not been promoted."
"Very good." Nan Yi nodded again. "In the 1950s, our country introduced a crop called Cyperus oleifera from the Soviet Union. Auntie, did you know about it?"
"Is there any crop in the country that I don't know about?" Ge Cuizhu said confidently.
"Since you know, I won't say more." Nan Yi raised a finger, "Three steps. First, build more warehouses to stockpile soybeans, and at the same time study the plan to replace soybeans. Second, go to the Northeast to find farmers to sign sales contracts, guarantee their income, and ask them to continue to grow soybeans for us to establish a stable source of soybeans.
Third, expand the scale of the bean products industry of the reclamation group and apply for soybean import quotas from above.
We need to establish a stable source of soybeans and also prepare emergency and alternative plans in case of soybean supply interruption or price surge. Of course, it would be even better if we can benefit from the increase in soybean prices.”
"I understand." Ge Cuizhu nodded. "Nan Yi, there is one more thing. Kenzhi Cold Chain's funds are tight again. Should we inject capital again or look for a bank?"
"Let's go to the bank. The Reclamation Group should also be in debt. We just need to control the debt ratio below 75%. Let the foreign money stay as a reserve fund for the Reclamation Group. As long as the Reclamation Group is not facing life and death, let the money continue to make money."
Ge Cuizhu said to Shi Guofeng: "Guofeng, you go out first."
Upon hearing this, Shi Guofeng packed up his things, stood up, nodded, and walked out of the meeting room.
"Nan Yi, should we take the initiative to contact Hualiang? In the future, the Reclamation Group will make big moves. If we can use Hualiang's network, it will be easier to implement."
"Aunt, we need three legs to walk steadily. The Reclamation Group still needs one more leg. Wait a little longer. The world economy is showing signs of instability again. When another economic crisis occurs, the Reclamation Group will step into East Asia and Southeast Asia. Only when it has more capital will it be qualified to negotiate terms."
"How long will it take for this crisis you're talking about to come?"
"About three or four years."
"It's been a while." Ge Cuizhu said with emotion: "Nan Yi, I feel like I'm getting old, my spirit is getting worse, and I'm starting to feel powerless to do things. Sometimes I really want to take a break."
"Aunt, you are still young. You are just tired now. You will be fine after taking a break. Just hold on a little longer. After this year, go out and play for a few months next year. I will help you look after the stall."
Ge Cuizhu smiled and said, "Why not this year?"
"I'm busy this year and can't spare the time."
"Is the baby coming soon?"
"Um."
"Are you worthy of Liu Zhen?" Ge Cuizhu scolded.
"hey-hey!"
Nan Yi was speechless and could only smile awkwardly.
After the episode, Nan Yi and Ge Cuizhu discussed the "three steps" in detail for a while. After having lunch together at noon, Nan Yi hurried back to Xiangkeng.
A few days later, Nan Yi came to Shencun again and arranged a meeting between Long Huiqing and Wen Wan. The crystals that Long Qing Jewelry had previously purchased in Hailing County were resold to Hua Yi at a fair price. The special mission of Long Qing Jewelry ended, and it would become a pure jewelry company from then on. In addition to selling jewelry, it would also be responsible for making jewelry for Xiao Xiangyu.
While in Shencun, Mao Feng from Lu Yu Tea came over to meet him and reported to Nan Yi that Lu Yu Tea wanted to launch a "gold foil tea".
The tea leaves will be baked into the shape of gold leaves, and each amount of tea will be separately packaged in gold foil. The tea leaves will be packaged in a vermilion pottery jar customized from JDZ. Under the lid of the pottery jar will be various gold shapes: a roc spreading its wings, soon to be promoted to a marquis, smooth sailing, etc.
This is the domestic version. There is also another version for the Middle East. The packaging is also extremely luxurious, so people can tell at a glance that it is valuable.
A can of 150 grams of tea requires 27-35 grams of gold for packaging. Based on the retail price of gold, the gold plus other costs directly exceed 3,000 yuan.
Nan Yi listened to Mao Feng's report and laughed, "Gold Foil Tea, your inspiration comes from the Golden Tea Room of Toyotomi Hideyoshi in Japan?"
"Nansheng, the inspiration for the name does come from Japan's golden tea, but the inspiration for the product comes from a dinner party. In May, a tea distributor invited me to dinner. When I sat down in the restaurant's private room, he first served me a plate of several watches worth about 2,000 yuan each, and then a large gold ring weighing 30 to 40 grams, which was a warning to others.
After the foreplay, a seafood soup was served. There were several sailboats folded in gold foil floating on the soup. This dish was called "Thousand Sails Racing". The meal cost tens of thousands of RMB, but not much was spent on the actual dishes. It was all spent on these expensive but seemingly low-level operations. "
"So you thought of gold leaf tea?"
Mao Feng nodded, "Yes."
Nan Yi thought for a moment and said, "It's a good idea, but this operation is a bit low-level and will damage the reputation of Lu Yu Tea. I'll go back and think about it carefully. I'll reduce the nouveau riche flavor a bit, add some cultural attributes, and make it a luxury product that can be operated in the long term.
Something made of gold will make you a marquis immediately. People who buy it for the first time will feel it is great, but it is unlikely that they will become repeat customers. It is too explicit. Be more subtle and think carefully about the mentality of the real end customers.
Also, you are the president of a large company, and you should leave the specific tasks to your subordinates. It is your job to make decisions and manage talents.”
"Nansheng, I understand."
After returning to Xiangkeng, Nan Yi thought for two days, and talked with Liang Huiwen and all the members of the strategy team, sorted out the entire system of Nan's, and clarified the pyramid management structure of Nan's. From now on, the instructions from Nan Yi and the Information and Strategy Committee will only reach the group level, and the group will be responsible for coordinating and conveying the instructions below.
If Nan Yi wants to inspect a company again, he needs to be accompanied by the president or vice president of the group. No matter whether it is a suggestion or an order, it will only be given to the person in charge of the group, and he can no longer reach too far.
When it was September and Zhao Shixian's due date was approaching, she still had to look at reports every day and give orders from time to time. Nan Yi could only stay by her side and serve her attentively.
When it was mid-September, the obstetrician and gynecologist of the Adler Clinic and the most proficient Chinese medicine practitioner in mute medicine at Nanpotang arrived. Nan Yi sent Nan Ruojin on her own plane and asked her to return to London and stay with Catherine first.
On October 2, Nan Ruoqi was born. Nan Yi had another daughter and became a dad again.
Zhao Shixian didn't want to take care of herself during the confinement period. She only rested for a week after giving birth and then resumed her identity as the president of PY Securities. She sat in the villa and continued to give remote commands. Nan Yi was taking care of the child and he would only look for her when he was feeding.
Once, after Zhao Shixian finished feeding Nan Ruoqi, Nan Yi, who was holding the child, asked her, "Did you get any results?"
"Not so fast. International hot money has just reached a tacit understanding. Everyone is controlling the pace of withdrawing funds from Mexico and also controlling the increase in the three-month rediscount rate of the Mexican central bank."
“You want to force the new Setillo government to announce a devaluation of the peso as soon as possible?”
Setillo is the new president of Mexico who just won the general election in August this year. He has not yet warmed up to the seat and the new government has not been formed. The date for the formation of the new government is December 1 this year, which has already been set.
A number of senior government officials, including the Governor of the Central Bank of Mexico and the Minister of Finance, are currently bargaining over whether to devalue the peso before December 1 this year. This is no secret, but it will not count until it is officially announced. There is a huge gap between bargaining and execution.
"That's what I mean. Interbank deposit and loan positions need to be settled every day, and rediscount reflects the true situation of bank deposit and loan business to a certain extent.
Normally, these positions can be covered by the interbank lending market, but international hot money acted together and lent a considerable amount of money from dozens of Mexican commercial banks almost at the same time, and the amount of funds in the interbank lending market would be stretched. In this case, commercial banks can only ask their mothers for milk. "
Nan Yi frowned and said, "Don't be so rude, my daughter is here."
"Was I rude?" Zhao Shixian asked back, and pinched Nan Ruoqi's little face again, "Jiatong, give Mommy a smile."
"In 1991, Mexico began to implement financial liberalization. In order to attract foreign investment, Mexican banks set higher bank interest rates, which certainly attracted a large amount of foreign investment, but at the same time also caused inflation to a certain extent.
Although funds have flowed into Mexico, Mexico's investment and productivity have not increased much. The money has all flowed into the stock market. Mexico's economic data in the first three quarters of this year was very ugly.
In this case, the savings rate is bound to decline. Although Mexico has done a good job in stabilizing the exchange rate, their exchange rate stability policy is at the expense .
At this time, major commercial banks suddenly lent a large amount of money. Although it was only for the three-month period, this abnormal phenomenon will definitely attract the attention of the Central Bank of Mexico. What do you think the Central Bank of Mexico will do? "
Zhao Shixian released the hand that was pinching Nan Ruoqi's face, and said without thinking: "The board of directors of the Central Bank of Mexico has an advisor named Manuel Sanchez, and his main job is to monitor the abnormal dynamics of the bank.
I guess he is now hesitating whether to report the situation to the central bank governor. Although Setillo has come to power, the new government personnel have not yet been officially in place. Those in power are still from the Salinas government, and they have implemented a fixed exchange rate system pegged to the US dollar.
The old man has not left and the new man has not taken office yet. What can the Governor of the Central Bank of Mexico do? He can only carefully find a balance. Reporting the news of abnormal fluctuations in rediscount at this time will only make the governor upset.
No matter how big the problem is, it is not bigger than the game that is happening. Manuel Sanchez can sit in the position of advisor to the board of directors, so he naturally knows what to do. He will put this anomaly aside for a while and consider whether to report it after seeing the situation. "
Nan Yi thought for a moment and said, “In September and two days ago, Setillo’s staff suggested lowering the peso interest rate to prevent the current account deficit in international trade from further expanding. However, in order to maintain the North American trade zone, Salinas’ cabinet, especially the Minister of Finance and the Governor of the Central Bank, flatly rejected the proposal.”
Zhao Shixian nodded, "Yes, that's why Mexico's fixed exchange rate system has reached an extremely dangerous situation. What we international hot money have to do is to push it further into the abyss."
"Humph, this world has so many disasters because of greedy people like you." Nan Yi spat, then lowered his head and said to Nan Ruoqi: "Ruoqi, don't learn from your mother. You must be a person who regards dirt as money."
"Nan Yi, don't think of letting my daughter deal with manure. I don't want her to farm."
"As long as her last name is Nan, farming and selling vegetables are compulsory. My child, no matter what she does when she grows up, must be a farmer when she is young."
"Jiatong's surname is Zhao."
"Okay, Nan Zhao Shixian, I'll give in."
"I dare to take this word Nan, but do you dare to give it to me?" Zhao Shixian rolled his eyes at Nan Yi.
"I don't dare."
"Humph!" Zhao Shixian snorted, and then said to his assistant: "Exchange at least 1.5 billion pesos today. Control the pace and don't exceed 2 billion pesos. Convert them into US dollars and withdraw them from Mexico through HSBC."
The pesos in PY Securities' hands were borrowed from commercial banks through mortgage loans. There was nothing wrong with the lending behavior, but PY Securities, together with other international hot money, would inevitably have a shock to the market in the short term due to such a large-scale borrowing. If Mexico took timely measures, the arrangements of international hot money would be in vain.
Assuming that Mexico announced the devaluation of the peso today, international hot money can only put the pesos in their hands into the market and exchange them for US dollars as quickly as possible. Once the peso depreciates, it is hard to say how far it will fall. No one wants to be left behind to take the blame. International hot money will rush to flee, and the profits from shorting the peso will be eaten up by loan interest and exchange rate losses.
Although attacking a fixed exchange rate system is considered to be the investment method with the lowest risk and the highest return, even this investment model still has considerable risks, especially for those who have large positions and hold them for a long time.
Because the larger the position, the more interest you pay. If you lose in the end, the loss of exchange and interest will be huge. Of course, the loss is far from proportional to the gain. That is why the international community is keen to attack countries with fixed exchange rates.
Currently, Mexico has two different views on the exchange rate system, but due to its high interest rate policy, its domestic foreign capital inflow is still in a positive direction, that is, there is still a surplus between the inflow and outflow of US dollar capital.
In addition, Mexico has foreign exchange reserves of tens of billions of dollars, so the Mexican government is not too worried about attacks from international hot money.
Seeing that Zhao Shixian was getting busy, Nan Yi carried Nan Ruoqi to the garden to bask in the sun.
After Nan Ruoqi was one month old, her grandmother Fang Mengyin held a full-month banquet. No outsiders were invited, just family members had a meal together. However, Fang Mengyin took out a bracelet from her dowry and gave it to Zhao Shixian, as a recognition of her status.
After the full moon wine, Nan Yi started to take Nan Ruoqi out, letting her breathe the fresh air outside and not letting her stay in a small space.
"Hello, President Fang. I am Deng Shaoshan from the 365 Retail Company of the First Retail Group."
At the Dairy Farm, Deng Shaoshan is in the office of its CEO Fang Li. Fang Li is not Chinese but a pure-blooded British man who works in Hong Kong and took a Chinese name to make it easier for him to integrate into Hong Kong society.
"Mr. Deng, what do you want from me?"
Fang Li actually had some guesses about Deng Shaoshan's purpose. 365 Retail, also known as 365 Supermarket, is a chain supermarket mainly developed in Japan. Now he came to Xiangkeng and wanted to meet him, which was obviously targeting the Dingkang Supermarket under the Dairy Company.
Deng Shaoshan smiled and said, "President Fang, you must have guessed my intention. Let's be frank. Yes, First Retail wants to acquire Dingkang Supermarket under your company."
"Mr. Deng, today is not April Fool's Day."
"President Fang, I suggest you first listen to the price we will offer at the retail fair."
