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Chapter 287 The possibility of paying money(1/2)

"Have you checked clearly? Which unit is remitting the money?"

In an office at No. 30 Financial Street, XC District, Beijing.

The leader, a middle-aged man, looked excited and walked back and forth in front of his desk, asking a staff member in an anxious tone about the latest progress of the investigation.

Yesterday, people from the Secret Service suddenly contacted them and asked to open several foreign exchange accounts to receive some funds.

He didn't find anything strange about this kind of thing.

Those people often perform missions abroad, and it is normal for them to have capital flows, but he is a little confused. Why do people at his level need to be alarmed by such a trivial matter?

The person on the phone also specifically warned not to set an upper limit on the amount.

What a loud tone!

He knew the situation in the country. The maximum amount of foreign exchange transfers could be tens of millions of dollars at a time, and there were not many transactions exceeding 100 million yuan in a year.

However, just when he casually handed over this matter to his subordinates to handle.

Starting from the next day, countless remittances from overseas are being continuously transferred into their newly opened accounts.

It can range from hundreds to thousands of dollars to tens of thousands of dollars.

As of noon today, the funds in the account have exceeded 100 billion US dollars!

The relevant personnel responsible for monitoring foreign exchange transactions were frightened, thinking that there was something wrong with the system, otherwise why so much money was suddenly transferred into this account.

Moreover, looking at this momentum, there is no intention of stopping.

They reported it immediately.

The person in charge of the Administration of Foreign Exchange was also dumbfounded when he learned the news.

For a time, he wondered if there was something big hidden from him. Otherwise, why didn't he receive any news in advance when so many U.S. dollars were transferred in?

"Bureau Qi, the investigation is clear. It is Infinite Company that is remitting money to the account!"

At this moment, a young staff member quickly walked into the office and reported the results of the investigation to the middle-aged man.

"How is it possible?! Infinite Corporation...aren't they...a private company? How can they have so much money?

Qi Wanshui looked in disbelief and immediately wanted to ask the clerk to check again.

He just checked his account and found that the amount on it had exceeded 200 billion US dollars and was still increasing.

This has reached half of China’s total foreign exchange last year.

Who can have so much cash flow in US dollars?

Even if the country wants to take it out, it will be difficult.

"It's absolutely true! I called specifically to ask, and they said it was a normal business transaction..." The young man said, his tone weakened, and even he didn't believe it.

"Normal business dealings?"

Qi Wanshui almost couldn't breathe.

What kind of business can reach hundreds of billions of dollars? Even in China in the 1980s, the sale of Dongfeng was only a few billion dollars.

Jingle bell bell~

The white phone on the desk suddenly rang.

He took two steps forward and quickly picked up the phone.

"well...."

"I'll be there soon!"

....

Qi Wanshui hung up the phone and left the office without saying a word.

That afternoon.

Representatives from multiple financial institutions gathered together for an important meeting.

After understanding the source of this huge amount of foreign exchange funds, everyone was ecstatic but also quickly fell into deep worry.

"Infinite Company insists on exchange, which will have a considerable impact on our economy." The representative of the central bank was the first to express his concerns.

Foreign exchange can usually only be used abroad to purchase some foreign products.

If foreign exchange is consumed domestically, it will result in a secondary injection of currency. If not done properly, it may lead to serious consequences such as excessive RMB issuance and inflation.

"But theirs is indeed considered legal income, but the amount is just a bit larger. Now that people want to exchange it, they can't help but exchange it, right?" The representative of the China Banking Regulatory Commission expressed a supportive attitude.

In China, there are restrictions on individual exchange of U.S. dollars, with an annual exchange quota of only 50,000 U.S. dollars.

However, if you exchange US dollars for RMB, there is no limit.

If this huge amount of foreign exchange is converted into domestic currency, it will be converted into a large amount of savings, which will greatly promote the development of the banking industry.

He has decided to send someone to contact Infinity Company immediately after the meeting.

"After 9/11, it can be foreseen that China's accession to the WTO has become a high probability event. At that time, we will need a large amount of foreign exchange reserves to purchase some things that we could not buy in the past..."

As the largest investment company in China, Huijin will naturally not only consider unilateral currency inflation.

In the late 1980s and early 1990s, a "183 Special Project" was launched.

That is to say, US$18.3 billion in foreign exchange was allocated, of which US$11 billion was used to import goods in short supply in the country, and the rest was used to support the introduction of technology and complete sets of equipment. At that time, it could be said that everything was spent.

Everyone, please go and try it soon.]

The role of foreign exchange reserves at this important node is self-evident.

"With so much money, I really don't know how they will spend it." The representative of the China Banking Regulatory Commission looked envious.

There is no doubt that with so much money, one can be said to be extremely wealthy.

It’s too fast to make money in finance.

While everyone was sighing, they all glanced at the representative of the China Securities Regulatory Commission on the side, as if to say why don't you learn from others.

Being stared at by so many people, the representatives of the China Securities Regulatory Commission also looked embarrassed.

Originally, he was not qualified to attend this meeting, but he was summoned anyway.

How can the international financial market be so easy to mess with? They teamed up with Huijin and took action many times, but they still lost more than they won.

Let no one talk about this.

"Ahem, what the other party means is that they will donate 200 billion US dollars to achieve common prosperity." The representative of the central bank said another bombshell news.

"What's the meaning?"

Everyone looked at each other and didn't react for a moment.

"What they mean is, give out money."

The representative of the central bank thought for a while and finally told the matter.

This is also the only requirement of an infinite company.

This chapter is not finished yet, please click on the next page to continue reading the exciting content! Wow~

Everyone present was completely shocked.

Two hundred billion U.S. dollars, just donate it if you ask for it. Ask yourself if they had so much money, they would never be able to do this.

Everyone has selfish motives.

At best, donating tens of billions would be more than enough to become the world's leading philanthropist.

Unexpectedly, Infinite Company was willing to donate all of it.

However, despite admiration, opposition voices are also growing louder.

Some people have suggested that all of it should be used for infrastructure construction, building more roads and railways, and promoting the circulation of the commodity economy.

This proposal was approved by most people.

After all, this has been done in the past, which can ensure rapid GDP growth without causing inflation. It is a stable and long-term plan.

Relevant industries benefit indirectly.

As for distributing money, it is too straightforward.

There has never been such a precedent.

Others believe that it should be invested in scientific research and education.

This statement has also been supported by many people, but more people are still opposed to it, thinking that it simply cannot use so much money.

Two hundred billion US dollars, according to the current exchange rate, is almost 1.7 trillion RMB.

Everyone was arguing in a lively manner, but in the end no result was reached through discussion.

In the end, the decision can only be made by reporting to the top.

However, just when everyone thought the matter was over.

That night, a rumor spread on the Internet.
To be continued...
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