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Chapter 1001 Nineteen Ninety-seven

Han Xuan did nothing.

But in that economics paper, I casually wrote some development direction that suits China.

It is said that when he crossed the river by feeling the stones, he drained most of the water in the river and exposed the road, making people discover that the benefits of having too many people and money is not valuable are so big!

At first, the US government did not pay much attention to it until an editor-in-chief of the journal "American Economic Review" found that the contributor was Han Xuan, so he took a look.

When I saw the contents, I was so shocked that I couldn't speak!

Several important government think tanks have found that it is really possible to turn the theory into reality through deduction simulation.

If this paper falls into the hands of China, it will be like the "Development Guide", so the CIA people were alarmed.

In addition to submission to the American Economic Review, Han Xuan also submitted to two newspapers in Hong Kong and Britain, which made these agents exhausted.

The news finally reached the ears of Chinese people, but I don’t know if I got the detailed content of that paper.

Faced with Han Xuan's "enterprise enemy" actions, Vice President Al Gordon could only patiently persuade him that he would first show the government's people what to write in the future.

At this moment, Han Xuan asked: "The National Economic Commission wants to invite you to be a consultant. What do you think?"

This is an organization that was just established in 1993, which advises the president on U.S. and global economic policies and has offices in the White House.

As long as he agrees, Han Xuan can go to the White House if he wants to go to the White House. Although he can do it now, he does not have a legal public office status after all.

The secret group headed by Soros that he had suppressed copper prices in the past few years, almost all Americans among the members were consultants of the organization, including Soros himself.

After thinking about the gains and losses, Han Xuan smiled and said, "It was Mr. Soros' suggestion?

Those old antique economists were jealous of me, and there were many people who were asking for trouble, so it was impossible for me to join.

I used to think that I could win awards by getting results, but now it seems that the scientific research community is not completely clean.

My friend solved the Poincaré conjecture and did not even get the Fields Medal nomination, just because of his age.

In my opinion, the two guys who won the Fields Medal last year have no achievements compared to my friends.”

The friend Han Xuan mentioned was naturally Isabelle.

Two years ago, she said she wanted to solve this conjecture in a classroom at Xueshan Middle School. She actually made it out using her free time last year.

After research, several mathematicians from famous universities found no loopholes, confirming that this conjecture was really conquered, and sighed that she was simply a monster.

When Poincaré made a guess, he probably didn't expect it to be solved by a teenage girl in the end.

I thought Isabelle could successfully win the world's highest mathematics award with this, so Han Xuan helped her submit the materials to the Fields Medal jury.

Unexpectedly, she was defeated in the end. She thought about it and knew why. She is Brazilian and is not old, and the members of the jury are biased.

This led to Han Xuan's interest in research becoming much smaller at once.

Although Isabelle didn't say it, she was obviously very angry. She actually went to bed at two o'clock at night on the day of the award ceremony and slept until noon. It was a strange thing.

"It was indeed Mr. Soros' suggestion, he thinks some of your ideas will be very helpful for the development of the United States."

There is nothing to hide, Vice President Gordon said it directly.

Han Xuan nodded and said, "Since it's him, then okay, I promise to be a consultant.

Anyway, I have become an advisor to the United Nations Conference on Trade and Development, so there is not more than this one…”

Soros has been making frequent moves recently.

In 1997, the financial crisis that swept across Asia was about to come.

The US dollar has been appreciating continuously in the past two years. For countries whose currencies are pegged to the US dollar, it is not a good thing that their own currency will appreciate as a result.

Take Thailand as an example. In 1994, its economic growth rate was 9.5%, but it dropped to 5.9% last year, and its trade deficit was as high as more than 16 billion US dollars.

The exchange rate of Thai baht against the US dollar is artificially fixed by the government, and the foreign exchange market loses its automatic adjustment function.

Faced with the deteriorating balance of payments situation, the Thai government has to quickly liberalize the capital market and attract foreign capital inflows through various preferential policies to make up for the balance of payments deficit.

Two measures have been taken to this end.

First, open offshore financial business. Approved commercial banks can absorb deposits and borrow money from abroad and issue foreign currency loans in Thailand.

Second, enterprises can freely borrow from abroad, and non-residents can also freely open Thai baht accounts at home and abroad to make deposits, borrowing and exchanges.

This is simply exposing Thailand's financial market to the eyes of venture capitalists. It would be strange if Soros couldn't find the loopholes.

In February, Han Xuan used $500 million from the Maldives Bank to follow Soros for the first test, but the time has not yet come.

That test was not without effect. It indirectly caused the Thai baht to depreciate rapidly by 5%. So far, Thailand's housing prices have fallen by 17%, and the development results of several years have evaporated.

Their group is recently quietly establishing spot and forward foreign exchange trading positions through foreign banks that operate offshore businesses, including Citigroup, Morgan, HSBC, FBA, Goldman Sachs, etc., and borrowing Thai baht from local Thai banks, and is about to make a move soon.

The technique is almost the same as the one in Mexico a few years ago. Han Xuan is already drawing out a lot of funds and is preparing to "care after" after this crisis.

The so-called aftermath probably refers to the acquisition of shares of some high-quality companies at a low price or direct mergers and acquisitions.

Since the beginning of last year, although Star Investment has spent a lot of money, he has also made a lot of money.

For example, the two Internet subsidiaries, wow and destiny, have current market capitalizations of 5.3 billion and 6.1 billion US dollars respectively, and are still rising rapidly.

When the iPo was launched, it brought a large amount of money to Han Xuan, with an amount of about 2.2 billion US dollars.

He now holds 74% and 71.7% of the shares of these two companies respectively. There are too few outstanding shares on the market, which is one of the reasons for their slowdown in market value growth recently.

Han Xuan plans to release another batch in the near future, and is expected to collect about 3 billion US dollars.

The Han Automobile Branch in China has almost not much working capital on the books, and it is used to expand production.

In the past six months, more than 86,000 panda cars were sold in total, and the results were pretty good. It was a first test and I used it to create a good sales channel.

When kylin Auto is launched this year, the market will expand again. That is the time for Han Automobile Group to make real efforts.

When these people find out in the future that they can cry to death if they use the money they should buy a house and buy a consumer product like a car...

Snow Mountain Pharmaceutical Company took away more than half of its total profit in 1996 by selling Viagra.

In addition, the SMS patent earned more than 300 million US dollars for Han Xuan last year.
Chapter completed!
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