Chapter 303: Forced Exchange
Regarding the emergence of a black market for currency in Hong Kong and the export of various rare metals.
Obviously it can't be concealed.
In particular, several victims in East Asia have felt severe internal and external squeezes in the face of the strong appreciation of the yuan.
Many people may say that if the gold dollar appreciates and the local currency depreciates, then the competitiveness of export products can be improved, which is good for exports!
But the problem is that East Asia does not have many advantageous products to export to Sapiens, while Sapiens has a large number of advantageous products.
In addition, the industrial chain of Sapiens itself is very complete. Sapiens can produce what East Asia can produce, and it can also produce what East Asia cannot produce.
At the same time, the subsidies for employees within Zhiren Company are very high. This subsidy is not reflected in direct cash payments, but in huge discounts on the purchase of the company's own products.
What's even more annoying is that the new humans are very united. They don't like to purchase products outside of their company because they think it's aiding the enemy. Foreign physical goods, in particular, basically never appear on the shopping list of the new humans.
Within the Homo sapiens company, the new humans belong to the dominant and high-income groups, and they are the real main consumers.
Under the combined effect of various factors, this has broken the traditional pattern that depreciation of the local currency benefits exports, while appreciation of the local currency benefits imports.
In short, Sapiens does not play by the rules.
Now the East Asian region needs to import a lot of products from the Zhiren Company at high prices, but it does not have enough foreign exchange, which in turn triggered the currency black market in Hong Kong .
The cultural and entertainment industry brings in hundreds of billions of dollars every month, but this is just the leftovers left by the Zhiren Company. This amount of foreign exchange is simply not enough.
For example, cargo ships have to pay gold yuan to pass through the Kra Canal.
According to current calculations, the annual number of cargo ships passing through the Strait of Malacca will still remain at 70,000 to 80,000.
The maximum number of cargo ships that can pass through the Kra Canal each year is approximately 45,000.
These ships that need to pass through Southeast Asia cannot avoid several maritime toll stations of the Sapiens Company, and the fee is not a small amount.
Among the hundreds of thousands of transport ships passing through, a large proportion are operated by shipping companies from various parts of East Asia.
Transport ships in East Asia are connected to the energy of West Asia, and Southeast Asia is the only way for its maritime lifeline.
Although Zhiren Company has lowered some of its charges , the shortage of foreign exchange still makes many shipping companies complain.
For example, in order to prevent the transportation cost of importing oil from West Asia from continuing to rise, the Samsung Group took out a portion of Samsung Electronics' industrial gold and industrial silver and exchanged them for about 20 billion gold yuan.
This means Samsung is using real money to purchase the services of Sapiens, and it is suffering huge losses.
At this time, the prices of physical gold, silver, and various precious metals and rare metals are also soaring internationally.
The Homo sapiens companies that have crushed the money have been crushed by the money. Except for the oil giants in West Asia and those countries with rare metals, other regions have all felt the tremendous pressure of the money.
The Federal Reserve has received cordial greetings from more than a dozen "good friends" hoping to take back the gold they have stored at the Federal Reserve.
However, the Federal Reserve has been procrastinating and secretly intimidating Europe, forcing it to choose between gold or natural gas.
The side effects of the US military’s previous defeat and forced withdrawal from Southeast Asia are also continuing to ferment.
If America's military deterrence was not still very strong, those old Europeans would not have been so tolerant.
…
We have seen that the export volume of "precision parts" made of various rare earths has been rising steadily over the past month.
After weighing the pros and cons.
July 26th.
The 12th floor of the Galaxy Hotel in Thonburi.
Wang Xinya looked at the work letter that had just been sent back from the Shanghai office. The content of the letter was very simple and clear. It stated that Bank of China International planned to sell a batch of gold to Aoba Bank.
She immediately saw the problem. The reason why Bank of China International was selling gold at this time must be that the other party was seriously short of foreign exchange.
When the Sapiens Company opens the channels for the exchange of precious and rare metals, it will naturally lead to the appreciation of precious and rare metals in other regions, and at the same time absorb precious and rare metals from all parties.
Faced with the strength of Zhiren Company, in order to reduce losses, Bank of China intervened on its own.
This time, Bank of China took out a full 100 tons of gold and exchanged it for 50 billion gold yuan. Together with the gold yuan collected through other channels, Bank of China currently holds 63.8 billion gold yuan.
When they withdrew from Hongsawadi before, they were very proud of themselves for having obtained dozens of tons of gold.
Unexpectedly, we are now losing dozens of tons.
Wang Xinya directly approved the gold purchase contract, but required the other party to send the gold to the Aoba Bank headquarters in Taunggyi before agreeing to pay the money.
Japan and South Korea also had to continue to increase the sale of precious metals to cope with the negative impact of rising transportation costs.
This situation is somewhat similar to America during World War II, which was also frantically siphoning gold from the world, but the Sapiens company accepted all precious and rare metals.
Don't think that precious metals and rare metals are only rare.
In modern industry, precious metals and rare metals are an indispensable part of many high-precision instruments, semiconductors, special components, aerospace, and weapons and equipment.
For example, rhenium can effectively improve the service life and heat resistance limit of aircraft engines.
However, on China's online shopping platforms, rhenium only costs 50 Chinese yuan per gram. Even though the price has recently skyrocketed to 760 Chinese yuan per gram, it is still relatively low.
After many people buy rhenium gold online, they will find someone to process it into watch straps, necklaces, etc., and finally take these things to the city of the Homo Sapiens company.
After all, the drugs produced by Sapiens are so effective.
Especially after the Meisheng preventive medicine was launched, a large number of wealthy people bought it. Where did these wealthy people get their money? They exchanged it on the black market.
Compared with their greed for money, these wealthy people are unprecedentedly unanimous in their fear of Alzheimer's disease.
These people contributed a lot of gold, precious metals and rare metals to the Sapiens Company. They also helped the Sapiens Company by forcing the East Asian region to actively purchase gold and silver with precious metals.
After all, compared with gold and silver, other rare metals are more important in industry.
This is not to say that gold and silver have no industrial uses. The gold and silver currently in circulation are sufficient for use in many industries. In addition, gold and silver also have many substitutes and are not as scarce as imagined.
However, the industrial value of some rare metals is difficult to replace by gold and silver.
For example, rubidium metal is used to produce strong magnets, and rhenium metal is used to enhance engine blades.
Therefore, many regions would rather sell gold than see these strategic resources being emptied out by Homo sapiens companies.
But they also realized a serious sense of crisis.
If trade balance cannot be achieved, East Asia's gold and silver reserves will not last long and will be emptied by Homo sapiens companies.
For the sake of strategic security and economic development, various forces in East Asia have to consider industrial upgrading or opening up new industries.
Among them, the cultural and entertainment industry, which has maintained relatively good income in recent years, has also become a hot spot in the eyes of all parties.
