In that speech, he made a statement:
We can invest our hard-earned money anywhere we like.
Two years later, times have changed, the richest man took the initiative to say:
We decided to invest mainly in China.
In less than two years, the richest man has changed his face 180 degrees.
Cao, who was once bombarded by the media "Don't let him get away", became the representative of the top entrepreneurs in China and the United States at the just-concluded China-US Entrepreneur Summit. As a private entrepreneur, he ranks second in almost the same ministerial leadership headed by Governor Ma.
These two people talked a lot in the government affairs hall before.
Today, let's compare these two business leaders in China from the perspective of foreign exchange.
With the improvement of Sino-US relations, reform and opening up, and China's entry into WTO, China has gradually become an indispensable part of the free market. In this process, China's development and opening up are in urgent need of US dollars.
Without dollars, we can't buy oil linked to dollars, and we can't develop industry. The tragic March of North Korea next door was because after the disintegration of the Soviet Union, oil could not be bought without foreign exchange, and all industrial machinery was abandoned. )
Without dollars, we can't buy chips monopolized by the United States, and we can't knock on the door of the electronics industry. (Now China has become the largest chip consumer in the world. The United States imposed an embargo on ZTE's chips some time ago, which almost caused the IT giant ZTE to close down. )
Therefore, in the past few decades, in order to obtain valuable foreign exchange, the China government has given foreigners who have invested in US dollars super-national treatment. For example, if something is lost, the police in the whole city have to help find it.
Why? Our country is really short of dollars! RMB can't buy any strategic resources!
Therefore, the ability to earn foreign exchange has become one of the important indicators to measure the achievements of local governments since the reform and opening up.
In the early days of reform and opening up, due to the weak domestic industrial strength, China mainly relied on low-end manufacturing with high pollution and low profit, and a large number of high value-added products were monopolized by foreign capital.
For example, Cao Wangde, who was heated up before, was engaged in the automobile glass industry monopolized by foreign capital 100% at that time. It can even be said that every time we consume a domestic car, we also need to consume our precious foreign exchange in glass.
Finally, with the unremitting efforts of Cao for more than ten years, the foreign glass was finally driven out of China.
Cao Wangde is just a microcosm of thousands of manufacturing entrepreneurs in Qian Qian, China. It can be said that with the help of Cao, products in various fields have been localized, saving valuable foreign exchange for the country and repurchasing strategic materials needed for industrial upgrading and development.
Nowadays, in order to earn foreign exchange, South American countries have to compete with each other at prices far lower than domestic consumption and sell basic agricultural products to the international market (just as we tightened our belts to export agricultural products in the early days of the founding of the People's Republic of China), resulting in domestic prices far higher than domestic ones. And we can enjoy the cheapest consumer goods in the world, thanks to these export industrial entrepreneurs.
Similarly, with the overseas expansion of Cao, they used their products to earn dollars from American enterprises and remit them back to China. Due to China's foreign exchange control, the central bank took foreign exchange from them, forming the central bank's foreign exchange reserves. Then leave them the equivalent RMB to pay the supplier's money and the workers' wages.
On the one hand, thanks to the efforts of China manufacturing entrepreneurs, represented by Cao, industrial products are exported overseas, which has accumulated a large amount of foreign exchange for the country, so that it can calmly upgrade its industries and resist financial risks.
On the other hand, every foreign exchange earned by Cao people enters China, and the central bank issues the base currency accordingly, and then through the bank's credit leverage, it finally becomes RMB in our hands. With the rapid growth of foreign exchange, the domestic currency is more and more abundant, which also makes our assets more and more valuable.
Therefore, with the strong output of China's manufacturing industry, major developers and brothers and sisters of hoarding houses all over the country can enjoy the dividend of industrialization and earn money while lying down.
However, in recent years, real estate brothers and sisters who made money began to sell domestic real estate and run away. At the same time, from Li Ka-shing to the richest people, large real estate developers also began to flee.
But when Li Ka-shing came to China to earn money, he brought much-needed foreign exchange for China's industrial development. So, even if he hoards the land and covers the plate, the China municipal government has to admit it by holding its nose. After all, it needs "a thousand dollars to buy a horse bone" and foreign exchange to develop.
So, since everyone has left, there is nothing we can do to stop them.
However, these real estate developers who fled with foreign exchange are different.
On the one hand, none of these domestic real estate developers have created foreign exchange income for the country while making money.
On the other hand, when these entrepreneurs rose, almost every one was burdened with the original sin of privatization of state-owned assets. (introduced in the article in front of the government affairs hall)
China's huge foreign exchange reserves were bought by Cao people bit by bit, and bought by factory brothers and girls on the assembly line of China sweatshop with their youth.
What does it have to do with you sweaty and dirty real estate developers?
And the richest man in the United States in 15 speech, once publicly said:
The result of overseas investment is really "asset transfer", or increasing assets overseas. But there is no right or wrong in asset transfer or overseas investment, only legal and illegal.
The richest man who doesn't earn foreign exchange overseas publicly admits that he is transferring assets, but none of the domestic media dares to speculate on such a strong topic as "the richest man has run away".
However, Cao, who earned countless foreign exchange for the country, was hyped by the media to "run away".
You know, China is the largest consumer market in the world. As long as they are not fools, business entrepreneurs represented by Cao will never escape from China.
Obviously, there are bad people in the media.
Under the current situation, why does Cao need to set up a factory in the United States? Because Cao was so powerful in China, American workers lost their jobs.
Well, now unemployed workers in the United States have elected Trump to power.
Ironically, 150 years ago, the United States clamored to open its doors to China, but now it is engaging in trade protectionism. /kloc-China, which closed its doors to the outside world 0/50 years ago, is now a defender of global free trade.
Now, under the protection of American trade, Cao wants to make American money, so they have to build a factory in the United States.
Unlike building a factory in China, Cao's new factory in the United States received US dollars, but they also spent US dollars. So although they can still earn dollars, it is difficult to provide China with new foreign exchange.
As a result, China's access to new foreign exchange in trade is slowing down.
At the same time, real estate developers and real estate brothers and sisters who rely on industry to make money have mortgaged or sold their domestic heavy assets in exchange for US dollars, and then desperately transferred them abroad, which has also triggered a sharp decline in China's foreign exchange reserves. In a few years, they ran away with US$ 2 trillion.
Not only that, but there are also problems in the current tax and financial systems.
On the one hand, there is no property tax, and the value-added tax on real estate transactions has also been reduced. In addition, the added value of China government's infrastructure projects poured into real estate. Naturally, capital is introduced into real estate.
On the other hand, it is also unambiguous to tax entrepreneurs who earn foreign exchange. The current value-added tax has greatly increased the collection rate. Moreover, infrastructure such as high-speed charging has increased the transportation cost of manufacturing enterprises, and taxes have not served manufacturing enterprises.
As a result, domestic hard-earned manufacturing enterprises still bear a high tax burden, while real estate enterprises have long increased their leverage in exchange for foreign exchange to fly overseas.
Just like a company, it spent more than 20 billion yuan to buy Legendary Pictures in the United States, and then lost 34 billion yuan every year to help Americans fill the hole.
You know, it is precious foreign exchange that makes up the hole.
After writing so much, I still return to this sentence said by the richest man in the United States:
We can invest our hard-earned money anywhere we like.
At least at present, the Board of Directors has not heard that China has made money from overseas projects with high valuation and light assets. Moreover, at least some companies have invested 250 billion yuan overseas, using foreign exchange, but making money from manufacturing.
Moreover, to say the least, even if we don't talk about foreign exchange, we will also say where the RMB comes from.
After a company bought Legendary Pictures at a huge loss of 23 billion yuan, faced with the expanding losses, it packaged its assets into a film company and sold it to domestic investors for an additional 654.38+05 billion yuan.
This routine not only reminds me of a cartoon sketch from Liaoning. .....
Not to mention light assets, a commercial IPO is valued at more than 500 billion.
Well, it's a good thing that Chairman Liu blocked both of these things by leeks.
Therefore, leek should not follow interest groups and scold Chairman Liu who is extremely worried about you.
It is the pioneer represented by Chairman Liu who killed a large number of financial comprador in the past year and prevented a large number of financial giants from drawing blood from China and fleeing overseas.
This locks the foreign exchange at 3 trillion.
We should know that the foreign exchange reserves of central banks in Southeast Asia, Hong Kong, Japan, South Korea and South America all bottomed out before so many financial storms. Then, they were sold by international short sellers
After shearing wool, ordinary people are lucky and can't wait for more than ten years. If they are unlucky, their life will be very difficult.
Compared with Southeast Asia and South America, China's greatest advantage is that it has entrepreneurs from Cao, whose strong industrial exports can earn foreign exchange for the country. As long as the government locks in the sharp flight of foreign exchange, it can stabilize foreign exchange reserves and avoid systemic risks.
Then, from this perspective, why does the country lock in the transaction volume of first-tier and quasi-first-tier cities? On the one hand, the sum of housing prices in Beijing's Fourth Ring Road is more than China's foreign exchange, and the owners of these properties are the main force capable of shorting and escaping foreign exchange. (Focus on this)
After more than 40 years of reform and opening up, it has been agreed that some people will get rich first, and then get rich, in the way of * * *.
And the result? Some people who got rich first, but didn't get rich later, owed a lot of debts at home, took the huge wealth brought by the reform with their sister-in-law and transferred their assets overseas.
Therefore, the ordinary people in China who are "too poor to move" will inevitably lose their assets in the event of a financial storm, and in any case, they will suffer heavy losses. It is even more impossible to qualify for the asset feast after the financial turmoil.
Then, everyone should know where his ass is, whether to support Cao, the richest man, or support him!