Chapter 319 Crisis breaks out
September 25th.
Sapiens Company is busy with internal construction.
At this moment in the world, a crisis has reached a critical point that is difficult to suppress.
Despite the major defeat in Southeast Asia in April this year, the Federal Reserve and the City on the Hill Board of Governors behind it have been continuously introducing various economic measures to try to stabilize the North American economy.
However, the Hilltop City Council made a stupid mistake in June.
To be precise, it was not a stupid move, but the City on the Hill misjudged the strength and technical reserves of Sapiens and mistakenly launched an economic blockade.
In particular, one of the very critical measures was to manipulate the overall price increase of semiconductors for Zhiren Corporation and withdraw foreign-funded semiconductor companies from Sing Tao.
According to the original plan, Zhiren Company should have suffered heavy losses due to the loss of Sing Tao's semiconductor industry and the overall increase in semiconductor prices.
But things developed in the exact opposite way.
Sapiens quickly launched optoelectronic semiconductor products, which not only met its own needs but also turned the tables.
America and a number of semiconductor companies, which failed to gain anything from Sapiens, not only failed to get any benefits from Sapiens, but also lost the Southeast Asian market and had to face strong squeeze from Sapiens in the semiconductor field.
Semiconductors, one of the core pillar industries in North America, collapsed in an instant.
Although America adopted various financial means to temporarily stabilize the North American stock market at the first time, it was only a temporary suppression and the fundamental problem was not solved.
For example, sales of American semiconductor products in Asia, Africa and Latin America fell 71.2% year-on-year from June to September this year.
Among them, Southeast Asia fell by 95.7%, South Asia fell by 63.1%, West Asia fell by 26.5%, and Central Asia and Russia fell by 72.3%.
The African region fell by 74.2% and the Latin American region fell by 41.5%.
The consumption of semiconductor products in Europe, America and East Asia has shown a downward trend in recent years, so we are counting on the growth in emerging markets such as Asia, Africa and Latin America.
Now, the emerging markets in Asia, Africa and Latin America are completely finished.
Southeast Asia is the headquarters of the Zhiren Company, and American semiconductors can only be sold in Annan, Canglan and Cambodia.
South Asia was originally a big market, but its economy was hit hard by the Assam War. In addition, the Zhiren Company imported a large number of cheap refurbished machines through local compradors in Dongba and India, squeezing this market.
West Asia can obtain a lot of money due to its oil and natural gas, and they have purchased a lot of optoelectronic semiconductor products from the Homo sapiens company.
Persia acted as a middleman, importing various products of the Homo Sapiens company into Central Asia and the Caucasus region.
Not to mention the African region. Some time ago, Wu Wei, the trade representative of Zhiren Company, visited in person and opened up the entire African market.
In Latin America, the Sapiens Company took advantage of the underground channels of Eleutherodactyl while supporting various gangs to import large quantities of cheap products.
Because of the blockade by Europe and the United States, Lucia had no way to import electronic products. Caesar simply purchased all electronic products from the Sapiens company to fill the gap in American semiconductor products.
Look around.
There is no place in the entire Asia, Africa and Latin America region that is not affected.
The third quarter financial reports of major semiconductor companies such as Apple, Dell, HP, Samsung, Intel, Texas Instruments , TSMC, Infineon, and ADM are released.
The U.S. stock market, which was already half-dead, suddenly suffered severe damage.
A chain reaction immediately occurred in the market. After losing the entire Southeast Asian market, many European and American companies had already suffered considerable negative impact. Now the collapse of the semiconductor market has finally pushed the first domino to fall.
Following closely, stock markets in major economies such as Japan, South Korea, Britain, and France all plummeted.
The international financial market is in mourning.
There are countless aerialists going to the rooftop.
…
Li Qingye who had just completed the implantation of the life-extending symbiont.
He is still recuperating in a secret sanatorium near Taunggyi.
Suddenly, a briefing on major international events popped up on his internal tablet. He took a look and his lips curled up immediately:
"Are you finally unable to hold on?"
He looked up and ordered, "Arrange a video call."
Sanjibada Layal did a skirt-lifting salute: "Yes, sir."
A few minutes later, she came over pushing a special video phone with a large screen.
Li Qingye casually typed in Wang Xinya's name.
After a while, Wang Xinya, head of the Finance Department, appeared on the video screen.
"Good afternoon, Mr. Chairman."
"Xinya, how is the international financial market now?"
Wang Xinya quickly sorted out , and then replied: "Currently, Europe, Japan, South Korea, Tainan Island, and Latin America have all been hit by financial shocks, and Wall Street is harvesting various high-quality assets in these regions."
"Our finance department has made an assessment and predicts that in the next six months, more than 150,000 companies in Europe and the Far East will go bankrupt, and the number of people directly unemployed may exceed 200 million."
Li Qingye narrowed his eyes slightly: "It seems that there will be a large wave of unemployed people in the Far East next, and they will most likely seek to immigrate to our side."
Wang Xinya also agreed with this: "This possibility is very high, but some places may also stabilize their domestic economy by stimulating real estate and promoting infrastructure."
"Haha, how is the real estate situation in Annan?" Li Qingye's gaze seemed to penetrate the mountains and saw the crazy real estate market in Annan at this time.
Wang Xinya is in charge of economic research at the Sapiens Company. She is naturally aware of Annan’s economic problems at the moment:
"The bubble is too big. Although a lot of hot money has been injected from our country recently, it can only give Annan's economy a brief boost."
"How much trade gold do we have currently?"
Wang Xinya flipped through the internal database: "Currently there are 325.7 billion yuan, and these gold yuan are used as foreign exchange reserves by various countries."
She then shared the data with Li Qingye.
Li Qingye took a look.
Currently, the region with the most foreign exchange is West Asia, with a total of 142.2 billion.
Then there is Russia's 37.2 billion, and all the Far East regions combined have 92.5 billion.
The rest of Central Asia, South Asia, Pacific island countries, Latin America and Africa only add up to more than 50 billion.
"How's the situation in West Asia?"
Wang Xinya smiled and replied, "Because they have a lot of our gold and silver in reserve, and they trade directly with us, many countries in West Asia have not been seriously affected, especially Persia."
"As one thing grows, another shrinks. It seems that after this economic crisis, they will strengthen their relationship with us."
Li Qingye and Wang Xinya talked for half an hour and decided on some strategies.
Sapiens does not focus on companies in Europe, America and the Far East. After all, there are huge differences between the two sides' industrial systems.
If you use money to acquire companies in these regions, you will most likely only be able to buy some unimportant and useless companies. After all, the capital forces in these regions are very wary of the Zhiren Company.
Therefore, Li Qingye had no intention of competing with America, and the Intelligent Company focused on technical employees.
America is competing for industries, and Homo sapiens companies are competing for talents.
As for rescuing the market?
Are you kidding? Why should Sapiens Company save them?
Sapiens Inc. would like those companies to explode on the spot, exposing the market and labor force, so that Sapiens Inc. can touch their corpses.
Just after Li Qingye and Wang Xinya finished discussing financial matters, another message popped up on his communicator.
