Volume 3 East China Sea Shocking Waves Chapter 24 Financial Turmoil
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:, 5 pm Beijing time
Two days later, Huang Guowei appeared again at the Ministry of Foreign Affairs' press release center and issued a tough diplomatic statement to hundreds of journalists from all over the world with a completely opposite attitude than two days ago.
The shadow of war rises again, Sino-Japanese relations suddenly become tense
Although most commentators still firmly believe that China and Japan will not have a full-scale war, no one suspects that China and Japan will have a military conflict over the ownership of the Diaoyu Islands.
There are two views on world public opinion at this time
Optimistic critics believe that China and Japan will try their best to restrain themselves. Military conflicts will only occur in extreme circumstances. Moreover, the scale of the conflict will not be large. They are mainly concentrated near the Diaoyu Islands, mainly engaged in sea and air combat. They will not rashly use ground troops. Without considering the United States, the possibility of China winning is slightly higher than that of Japan. If China wins, the Diaoyu Islands will "change ownership". If both sides suffer heavy losses, the conflict will be ended by a ceasefire. If Japan wins, it will strengthen its control over the Diaoyu Islands and build a military base on the island. No matter what the result is, the war will inevitably lead to a regression of Sino-Japanese relations for decades, and even bring the two countries into a long-term military confrontation.
Pessimistic commentators believe that under the joint promotion of both sides, the war will break out soon. China will dispatch submarines to block Japan, cooperate with long-range aviation forces to encircle and annihilate the Japanese fleet, and seize the Western Pacific sea power control power. In the early stage of the war, China will not attack Japan's local military targets. As Japan shows signs of defeat, the United States will send troops to participate in the war in accordance with the US-Japan Alliance Treaty. Regional conflicts will evolve into regional wars. Although the possibility of a "world war" breaking out, after the United States joins the war, China will be forced to choose to shrink its front line and lose its sea power control in the Western Pacific. In the end, China will lose the war and fall into a long-term recession. Japan will win a miserable victory. The national economy has suffered a heavy blow. The United States will use this to consolidate the "US-Japan Alliance" relationship and increase its influence in the Western Pacific region.
Regardless of whether these two views are correct or not, the sudden tension has become a catalyst for financial turmoil.
On the morning of the 14th, less than fifteen minutes after the opening of the Tokyo Stock Exchange, the Nikkei index plummeted 10% again, falling below the 9,000 mark, and then the Shanghai and Shenzhen stock markets opened, falling 10% in 20 minutes.
The stock market plummeted, caught many investors who had just entered the market off guard
As the threat of war intensifies, international financial speculators with less capital have cut their losses and even big speculators with sufficient funds dare not buy them rashly.
The foreign exchange market was soon implicated in the Japanese yen-USD exchange rate fell from 120 to 128 at the close of yesterday.
China's financial market has also turned upside down. As Shanghai and Shenzhen stock markets hit the largest decline this year, foreign exchange markets have also been implicated. Many investors have lost all their money.
At 10 a.m. Beijing time, Pang Xinglong announced that after the State Council Executive Meeting, the Republic will increase 500 million yuan in the next two years to accelerate the construction of infrastructure such as power grid main lines, electric vehicle charging stations, highways, large power stations, etc.
The good news immediately received immediate results
After the review of the Shanghai and Shenzhen stock markets, driven by the electricity, energy, steel, automobiles, high-tech and other sectors, investors' confidence began to recover
At 11:30, the Chinese Academy of Sciences announced two major scientific research results: the first phase of the commercial trial operation controllable fusion power station test data meet or exceed the design standards; the high-temperature superconducting power transmission plan passes national acceptance and enters the engineering testing stage
For investors, this is undoubtedly good news
In the afternoon, the Shanghai and Shenzhen stock markets successfully turned red. By the close, the Shanghai stock market rose 271% throughout the day and the Shenzhen stock market rose 362% throughout the day.
Japan's capital market is a different scene
The Tokyo Stock Exchange reviewed the market after 2 o'clock, and it plummeted 10% in just 20 minutes. It had to suspend trading again before the lunch break and the yen-USD exchange rate fell all the way, and by the closing of noon, it had fallen to 133.
At 12:30 Tokyo time (equivalent to 11:30 Beijing time), the worried Ozawa personally issued a statement announcing that Japan will do all its efforts to peacefully resolve the Diaoyu Islands dispute with China.
In the afternoon, Tokyo stock market and foreign exchange market responded to the Prime Minister's statement
After Nikkei fell below 8,000 points, as international speculators holding huge amounts of funds entered the market, they stopped falling and rebounded, and recovered at the closing of 8,200 points. The total decline of the whole day exceeded 18% when the yen exchange rate fell to 135 points, a sharp pulling trend occurred, which once rebounded to 130, and then fell slightly, and at the close of the exchange rate against the US dollar was 1314.
So far, Yanbo and others have invested nearly 2,000 yuan in the Japanese financial market
The yen exchange rate rebounded slightly after the plunge, which attracted the high attention of international speculators. The 2,000 US dollar is not a small amount of money. The well-informed financial tycoon immediately smelled the smell that the yen exchange rate rebounded in the afternoon trading. The Nikkei index quickly flattened after a slight rebound in the afternoon. The main reason is that several financial tycoons invested the funds planned to be invested in the stock market and entered the foreign exchange market when the market closed. In addition to the 200 billion US dollars invested by Yoshibo and others, they entered the Japanese foreign exchange market.
International hot money collected by yen exceeds US$250 billion
This is just the beginning
After receiving the full-day transaction report, Ozawa didn't even eat dinner, so he rushed to Tachikawa to report the situation to Hatoyama.
After listening to the report, Hatoyama asked Ozawa to prepare and then took the Prime Minister to the large study on the third floor.
Seeing Hatoyama Kenjiro, Fukuda Daoshi, Kano Heiji and others, Ozawa was secretly shocked. Unexpectedly, all the heavyweight veterans in Japanese politics arrived.
Looking at Ozawa sitting in the corner, Hanjiro said to the other two: "The dispute between us is just a party conflict and a national conflict. In the current situation of a great enemy, we should put aside prejudice, abandon conflicts, put the interests of the country and nation first, and jointly lead the Yamato nation out of the predicament."
"I'm afraid your party will have to bear the main responsibility for the situation in front of you?"
Kenjiro Hatoyama smiled at Fukuda's "provocation"
"Your Party ignores the actual national conditions and tries to get rid of the influence of the United States and compete with China on its own, which will lead to today's results. Seven years ago, I said that although the Yamato nation is the best nation in the world, we have taken too many detours and suffered too many hardships. We must keep a low profile, recuperate, and use the power of the United States to become a world power, and then embark on the road of independent development."
"It is not realistic to rely on the United States alone." Heiji Kano, director-general of the right-wing political party alliance, spoke, "Thirty years ago, we had the second most powerful economic strength in the world. In the past 30 years, we have not only not transformed our economic strength into real national strength, but are restricted in the eyes of the United States in diplomacy, politics and military fields. We just have pawns of utilization value. As long as we lose our utilization value, we will be abandoned by the United States. If we want to develop and grow, we can only rely on ourselves. We must transform our strong economic strength into real national strength, gain a commensurate status as a great power, and enable the Yamato nation to embark on the road of rejuvenation and realize the dreams that our predecessors have not realized!"
“In the current situation, we cannot break with the United States
”
"It doesn't mean we can't go our own way, we must rely on the United States."
“Without the support of the United States, we will face life-or-death challenges”
"The Yamato nation is the best nation in the world and can overcome all challenges!"
...
Seeing Fukuda Tatsuki and Heiji Kano quarrel, Ozawa couldn't help but sigh that this small room is a microcosm of Japanese politics. Everyone has a beautiful dream, they all believe in their own opinions, and they all hope to dominate Japan. As a result, everyone's ideas remain at the dream stage. No opinion has become mainstream ideas, and no one can dominate Japan, leading Japan on the road to revival.
"Maybe, we should listen to the Prime Minister's opinion"
The room suddenly became quiet, and several veterans looked at Ozawa.
Seeing Hatoyama's gaze, Ozawa coughed twice and told what happened during the day.
"It's obvious that some people with bad intentions are attacking our financial markets," Hatoyama Hatoyama ended the argument and said, "Unless we are willing to be national sinners and be scolded by our descendants, we must let go of prejudices, unite, work together to overcome difficulties together."
The other two elders did not speak, Hatoyama Kenjiro had not yet issued the conditions
"In order to express sincerity, we will slow down the reform process, increase military expenditure, and provide technical R&D subsidies for enterprises. My requirement is very simple. Whether it is the Democratic Party, the Liberal Democratic Party, or the Right-wing Alliance, we must do our best to provide assistance to the cabinet government."
Fukuda Tatsuki and Heiji Kano looked at each other, then nodded and agreed
The conditions for Hatoyama Kenjiro were not low, just in line with the appetite of both of them.
The main supporters of the right-wing alliance are the military and domestic right-wing forces. The main supporters of the Liberal Democratic Party are the two conditions proposed by the large domestic enterprises and consortium Hagiro. They not only improve the treatment of soldiers, strengthen national defense forces, meet the requirements of the right-wing forces, but also send life-saving money to major enterprises in dire straits, save millions of jobs and slow down the reform process, which will weaken the "creditability" of the Democratic Party, make voters turn against each other, and greatly increase the chances of the Liberal Democratic Party and the Right-wing alliance winning in next year's general election.
This is not a simple concession, but a complete concession
Did Hatoyama Kenjiro willing to give up party interests for the sake of national interests? Fukuda Tomoto and Kano Heiji did not consider it. They only knew that the benefits of cooperation with the Democratic Party far outweighed the disadvantages.
The current situation also gives Fukuda Tomoto and Kano Heiji no choice
If they do not accept the conditions offered by Hatoyama Hatoyama, the Democratic Party will shift all the responsibility to the Liberal Democratic Party and the right-wing alliance, causing the two opposition parties to lose their hearts.
Seeing the three veterans complete the political transaction, Ozawa felt deeply moved
Family politics, faction politics, and group politics are deeply rooted in Japan. Not to mention seven years, even if it takes another seventy years, it will not be able to get rid of this evil tumor.
damn it*
Chapter completed!