Chapter 574: Longguo's Economic Transformation, Chen Xing Was Taken Away by the "Anti-Monopoly Bureau" For Investigation

After hanging up the phone with Lin Tian, ​​Chen Xing, who was sitting in the office, looked at the computer screen. The number jumping on it was the real-time exchange rate of Longguo currency against US dollars.

Three years ago.

The US dollar was 1 to 6.24 against Longguo currency.

But now, 1 US dollar can only be exchanged for 3.76 Longguo currency. The increase can be described as unprecedented.

Perhaps many people think that since they are in China and do not go abroad to play or do foreign trade business, the exchange rate has nothing to do with them. However, this idea is wrong.

The rise and fall of the exchange rate can directly reflect the current situation of an economy.

For example, developing countries, when they participate in global trade, must export low-end industrial products or agricultural products, such as clothes, toys, wheat, corn, etc.

Then the question is.

Can the prices of these goods be too high?

Obviously.

The cheaper, the better.

Because the cheaper, the more prominent the price advantage. Although the profit is small, it can always save foreign exchange reserves.

But if the exchange rate against the US dollar rises, it means that the price of the product in the international market will be relatively higher, and the competitiveness will decline.

For example, suppose you want to sell 50 tons of corn to a grain merchant in the United States, and the price per ton is 1,800 Longguo currency. After converting at 1 to 6, the price is 300 US dollars per ton, then the other party needs to pay you 15,000 US dollars.

But if the Longguo currency rises and reaches the current 3.76 yuan, the price of 50 tons of corn is still 1,800 Longguo currency per ton, but the payment paid by foreign merchants is not 15,000 US dollars, but 23,900 US dollars.

This can be seen intuitively, the impact of exchange rates on foreign trade.

It is precisely because the exchange rate is extremely important that Longguo, as a low-end industrial producer, has been suppressing its exchange rate.

Doesn't the United States want the exchange rate of Longguo currency to rise?

No!

They want it too much!

Once the Longguo currency rises, Longguo's products will lose their "good quality and low price", and the United States can take back its share.

It is precisely because the Dragon Country think tank saw the other party's mind and saw its own advantages that it has been actively suppressing its exchange rate.

The effect is also very significant. At its peak, the foreign exchange reserves were nearly 7 trillion US dollars, which was still public, equivalent to more than 40 trillion Dragon Country currency.

But now the exchange rate has soared to 3.76, which shows that Dragon Country has not made strong intervention in foreign exchange, and it also reveals a signal that Dragon Country wants to make economic transformation.

A country is an agricultural country at first, then an industrial country, and then it evolves into a financial country and a technological country.

Although agriculture and industry are the foundation, it is undeniable that these two fields do not make money as fast as finance and technology.

A ton of corn costs 1,800 yuan, a 240-gram mobile phone can be sold for 5,000 yuan, and for example, a bitcoin that is illusory and has no anchor, its price is 7,000 yuan. You can imagine how much money technology and finance make.

For now, the only country that can be called a financial power and a technological power is the "world's boss" United States.

If Longguo wants to establish a new trade order, it must break away from the industrial countries and become a financial technology power.

Chen Xing never touches foreign exchange or stocks, but he always pays attention to changes in the financial market, because this information is a channel for ordinary people and entrepreneurs to get a glimpse of the secrets. After all, he is just a private entrepreneur.

"It's 3.75, and Longguo currency is still rising. It seems that the top leaders are determined to use this momentum to completely complete the economic transformation."

When Chen Xing was thinking, a familiar mobile phone ringtone suddenly rang.

He looked away from the computer screen and glanced at the mobile phone on the desktop.

"Mayor Zhang?"

Seeing the name in the note, Chen Xing quickly picked up the phone and answered: "The mayor called me, is there any important instructions?"

Mayor Zhang on the other end of the phone did not beat around the bush and said bluntly: "Since Mr. Chen is so straightforward, then I will say it directly. Shenzhen plans to invest 1.5 trillion to build a global science and technology city."

"We are very satisfied with the whole house intelligence you showed at the Bird's Nest. Do you think we should cooperate and set up a pilot area for your Longxing Group to design and plan? Money is not a problem. The main thing is to reflect the sense of technology."

Money is not a problem. These five words are full of gold.

Chen Xing saw the secret from the exchange rate. Now Shenzhen is going to build a science and technology city again. This opportunity is rare.

The capital is not suitable for overdevelopment.

The magic city is an economic city.

Guangfu is a low-consumption living city.

The first three cities cannot make drastic changes. Take the slums in the capital and the urban villages in Guangfu as an example. The cost of demolishing them all is an astronomical figure!

At present, only Shenzhen has not yet been finalized. It is just a special economic zone, and Shenzhen has almost demolished everything that should be demolished, so there is enough space to build a city of science and technology.

"If the budget is sufficient, I have a new technology here."

"What new technology?"

"Ultra-large-scale wireless charging."

Mayor Zhang was stunned for half a second, and then asked uncertainly: "Ultra-large-scale wireless charging? You don't want to cover the entire Shenzhen city, do you?"

He also watched the "Longxing Annual Technology Exhibition". Chen Xing mentioned wireless charging at the end, but did not focus on it.

I thought it was a small range, but I didn't expect Longxing Group to achieve large-scale wireless charging, which gave Mayor Zhang a surprise.

"That's right."

Chen Xing nodded in response and continued, "Once the construction of the wireless charging city matrix is ​​completed, I can guarantee that Shenzhen will definitely become a science and technology city."

"This..."

Mayor Zhang hesitated.

The wireless charging matrix covering the entire city, the electricity bill alone is an astronomical figure, is this really cost-effective?

While he was thinking, Chen Xing said again: "The city of science and technology is a business card. If the tourism industry is driven at that time, Shenzhen may not be able to replace Shanghai and become the first stop for foreign tourists."

Internationally, the four super first-tier cities of Beijing, Shanghai, Guangzhou and Shenzhen are only well-known in Beijing and Shanghai, and few foreigners know Guangzhou and Shenzhen.

Beijing is naturally the capital.

As for Shanghai, it is the most prosperous and luxurious city. It is also the first choice for foreigners to settle down and foreign companies, and it is also a tourist phenomenon-level city.

Shanghai is not a joke.

"Then find a date and let's sit down and talk?" Mayor Zhang was moved. He also wanted to make Shenzhen a tourist city with a science and technology theme.

"I have time."

Chen Xing responded.

"Then the night after tomorrow? It's the weekend, and getting drunk won't affect work."

"Okay."

"Then I'll send you the address, and we'll sit down and talk."

"No problem."

The two reached a preliminary consensus and hung up the phone.

Chen Xing put down his phone and looked back at the computer screen.

Just when he had a few words with the leaders of Shenzhen City, the exchange rate of Longguo currency rose by 0.09, and the current exchange rate against the US dollar has reached 3.67, which made Chen Xing fall into thought, thinking about the next layout.

...

As the night came, when the people of Longguo were sleeping, many short video bloggers had difficulty falling asleep.

Why is it difficult to fall asleep?

Not because of insomnia, but for profit!

These bloggers didn't expect that the overseas sponsor was so generous this time, and actually offered a price of 500,000 Longguo currency for a video.

In order to make this money, they began to use the "objective perspective" to analyze the pros and cons of Longxing Group's acquisition of Hanxing Group based on the materials given by the sponsor.

Among these bloggers, "Paperclip", who has tens of millions of fans on the Internet, was the fastest, publishing a 16-minute complete autopsy video at four in the morning.

At the beginning of the video, the blogger first introduced how Longxing Group rose and how much benefit its rise brought to the country.

It seemed to be praise, but as the video went deeper, the taste gradually became a little wrong.

"After the failed forced acquisition of Toyota Group, Longxing Group was forced to dismantle and lay off a large number of Toyota Group workers. Where will it go, and where will Chen Xing plan?"

It seemed to be an inadvertent sentence, but it was accompanied by a picture of Toyota Group workers who were unemployed, which seemed to reveal Chen Xing's "crime".

"Dong——"

The video screen switched, and the six big words "Acquisition of Hanxing Group" appeared on the screen.

"According to the latest public news, Lee Jae-yong, the former chairman of Hanxing Group, stated on his multiple public platform accounts that he has transferred all of his shares in Hanxing Group to Chen Xing."

"As we all know, more than 90% of Hanxing Group's shares are controlled by Wall Street, but the Lee family controls the entire Hanxing Group with a unique equity structure and private agreements."

"In other words, Chen Xing has officially acquired Hanxing Group and does not have the difficulties encountered by Toyota Group."

"As one of the world's three largest mobile phone manufacturers, Hanxing Group is expected to exit the stage of history."

"In today's mobile phone industry, Longxing Group accounts for as much as 74%. Perhaps in the future, Apple will also fall, and we may witness a super giant monopolizing the mobile phone communication field, and it will be born in Longguo!"

When the last second of the video was played, there were already many comments in the comment area.

At first, fans didn't notice anything wrong. They all thought it was just a video praising Longxing Group.

But as a large number of water troops were dispatched, many fans began to realize something.

[Cherry Maruko]: "First, he acquired Toyota Group, then he acquired Hanxing Group. What exactly does Chen Xing want to do?"

[One Knife Cut Cut Cut]: "Mr. Chen is going international. With the continuous acquisitions, it feels like the next step is Apple!"

[Xiao Fang Doesn't Like Meat]: "Am I the only one who discovered something that is extremely scary? That is, Longxing Group is about to complete its monopoly in the mobile phone field!"

[Magnolia is Not Difficult]: "I don't know if I should say this, but I feel that Chen Xing has a sense of déjà vu of wanting to be an oligarch and a chaebol, because Longxing Group involves too many fields, even the communications field is firmly controlled by him."

[Invincible Xiaojie]: "Chaebol oligarch? Will the dragon slayer become an evil dragon?"

As the water army was dispatched, a large number of second- and third-rate marketing accounts also ate the "dog food", and a large number of posts "praising" the rapid development of Longxing Group suddenly appeared on the Internet.

It seems to be praise, but it is actually a reminder, because these posts all mention words such as chaebol, oligarch, and monopoly.

It is easy to dodge an open spear, but it is difficult to guard against an arrow from the dark.

Many people who read the post and the video made by the blogger felt that Longxing Group was developing too fast and had already exceeded the scope of a private enterprise.

In addition to the online war, letters of complaint hoping for an antitrust investigation were also sent to the mailboxes of relevant departments.

For two consecutive days, the online discussion on whether Longxing Group had a monopoly became increasingly heated.

One side believed that there was no monopoly.

Longxing Group has never abused its market dominance and is open to Longguo companies purchasing chips and using related technologies.

One party believes that a monopoly has been formed.

They believe that Longxing Group's product prices are too low, such as Longxing X4, Pterosaur flying car, etc., and they are using their own technology to suppress the survival space of their peers.

As a high-intensity surfer, Chen Xing naturally saw the public opinion on the Internet, but he did not give an explanation.

He also had to admit that Longxing Group was indeed testing the boundaries of monopoly.

but!

Wandering on the edge of monopoly is not his intention, but to squeeze the living space of foreign enterprises.

As for domestic companies?

Whether it is Thor batteries, Star Flash fast charging, Tianxuan operating system, or Fuxi chips and Kaitian chips, he clearly marked the prices and gave them to friends and colleagues.

Use market dominance to create a monopoly?

Strictly speaking, Chen Xing really doesn’t have one!

He just doesn't supply to Apple and the former Korean Star Group, but he doesn't say that he won't supply to domestic companies such as Kunpeng Company and Rice Company.

"Chaebols, oligopolies, monopolies, these self-media want to flatter me and kill me."

Chen Xing shook his head helplessly.

At this moment, there was a knock on the office door. It was the secretary who came to inform that it was time for a dinner with the mayor of Shenzhen City.

Chen Xing glanced at the time and walked straight to the parking lot without caring about the online reviews.

As a full-time driver and bodyguard, Zhao Siqiu had already waited in the car early.

"Shenzhen star hotel?"

Zhao Siqiu asked.

"Yeah." Chen Xing nodded.

After getting confirmation, the vehicle starts.

However, as soon as they left the Sakata base, two Audi A6s followed quietly.

Zhao Siqiu, the driver, noticed something was wrong and looked at Chen Xing and said, "There are two Audis following us."

"So arrogant in broad daylight?"

Chen Xing frowned.

Suddenly, two pickup trucks and a police armored vehicle appeared at the intersection ahead of them. The one at the front even had a loaded gun and made a stop gesture.

"Is this the armed police blocking the road?"

Zhao Siqiu was confused.

Suddenly, Chen Xing thought of something. He took out his mobile phone and was about to make a call, but found that there was no signal at all.

"Would you like to..."

Zhao Siqiu looked at the passenger storage box. Before she could finish speaking, Chen Xing shook his head and said, "Listen to what they say first."

After forcing Chen Xing's vehicle to stop, someone came forward and said, "Hello, Mr. Chen, we are from the Anti-Monopoly Investigation Bureau. Longxing Group is suspected of abusing its market dominance and monopolizing technology and price on other companies. You need to go there in person." Come and cooperate with our investigation."

"This is my ID."

"Here are the relevant documents."

The window was not fully opened, so the plainclothes man stuffed the documents into the car.

After the inspection, both Chen Xing and Zhao Siqiu confirmed each other's identities, but the latter did not intend to hand over Chen Xing. He closed the window directly and said: "Although the investigation documents are true, we should go out first."

"No!"

Chen Xing shook his head and said in a deep voice: "I am not afraid of slanting shadows. If I run away, I can't tell you. Besides, the other party is obviously prepared. I will go with them. After you go back, contact your father and ask. What's going on?"

"What should I do if there is danger?"

Zhao Siqiu was still worried.

"In our country, and it's still in the deep city, it's impossible that the higher-ups don't know about such commotion. Don't worry, I'll come back as soon as I go."

With the ability to block roads and block strong interference signals, Chen Xing already had a rough guess in his mind.

He opened the car door, walked straight out of the car, returned the ID to the man and said, "Let's go."

"This way please."

The other party made a gesture of invitation.

Zhao Siqiu was not impulsive when he saw this, but turned around and drove back. The two Audi A6s behind him ignored her. Their target was only Chen Xing.

The two of them crossed the roadblock and saw a Coaster hidden behind them. The man opened the car door and motioned for Chen Xing to get in.

As Chen Xing walked up to Coaster, his tense expression suddenly relaxed, and he blurted out: "Old chief, why are you here?"

"You didn't expect that, did you?"

Wang Shan laughed.

Before Chen Xing could speak, Zhao Chenguang, who was next to Wang Shan, also said, "How is it? Is our carefully planned arrest exciting?"

"Chief Zhao is here too."

Chen Xing finally came to his senses. He had been thinking just now, who had so much energy that he went to Shenzhen to investigate him for monopoly.

It was precisely because of the other party's high energy that Chen Xing dared to get out of the car and go to the appointment. After all, he was also a billionaire boss. It was unrealistic to remove him all at once. At most, he would only be beaten a few times.

What Wang Shan and Zhao Chenguang did was actually kindly reminding Chen Xing and pointing out the red line areas of market monopoly.

Seeing Chen Xing still standing there, Zhao Chenguang urged: "Stop standing there stupidly, come and sit, I will take you to a good place."

"good."

Chen Xing responded and quickly came to the seat opposite them and sat down.