I have a debt of 3 trillion, and my creditors are begging me not to die.

Chapter 208 The Bald Eagle Harvests the EU, the EU Seeks Help from Yang Chen
The EU's official announcement only stated what they gave and received; if they wanted Yang Chen to back down, there would naturally be a corresponding exchange of benefits.

When the President of Venezuela visited China, the Chinese side presented him with five gifts as state gifts before his departure.

These include cloisonné porcelain, Sihai Electronics YC-01 tri-fold mobile phone, Sihai Smart Real-Time Translation Glasses, a drone, and a robot dog.

what does this mean?
This means that the government is endorsing Sihai Group's products, elevating Sihai's status to a level that other companies can hardly reach, which is a privilege that money cannot buy.

In addition, the government has also granted tax exemptions to the YC-01 mobile phone and real-time translation glasses, including tax refunds not only for exports but also for domestic sales.

This means that the net profit of these two products will increase by more than 20% instantly, almost half of the profit. Considering the sales volume of these two products, this is a huge sum of money.

However, the authorities also gave Yang Chen a clear instruction: to develop more overseas markets, quickly conquer markets in various countries with high-quality products and low prices, and lead Chinese manufacturing to the world.

The Dragon Kingdom will no longer engage in large-scale real estate and infrastructure projects, nor will it continue the business of exchanging 4 million shirts for one airplane. The Dragon Kingdom will also produce high-value-added industrial products, and the people of the Dragon Kingdom will also live a good life.

In fact, they didn't need to explain anything; this was exactly what Yang Chen had been doing all along.

At a press conference held by the Ministry of Foreign Affairs, a foreign journalist asked: "We have noticed that China presented the President of Venezuela with five state gifts: cloisonné porcelain, the Sihai YC-01 mobile phone, Sihai real-time translation glasses, a drone, and a robot dog. Why did China make these choices, and what are the political and diplomatic considerations?"

The spokesperson stated, "Cloisonné porcelain represents the rich history and culture of our Dragon Nation, while Sihai mobile phones, real-time translation glasses, drones, and robot dogs represent the current technological and industrial level of our Dragon Nation. We have no political or diplomatic considerations; we simply want the world to rediscover 'Made in China.' Twenty years ago, even ten years ago, the first impression of 'Made in China' was that it was cheap, of poor quality, and lacked technological sophistication. It's time for everyone to rediscover 'Made in China,' and these products from Sihai Group are the best examples, best reflecting the current technological and industrial level of our Dragon Nation."

The video was posted on the Ministry of Foreign Affairs' Douyin account and quickly became a trending topic on Douyin.

"From now on, Sihai Group is different from other companies. From a company with a debt of three trillion yuan and on the verge of bankruptcy liquidation, to a national symbol, Mr. Yang only took less than two years. It's really amazing."

"Sihai Group has really improved; it's even become a national symbol. But then again, Sihai Group certainly deserves this treatment now. Their products are selling like hotcakes both domestically and internationally, and this is despite the restrictions imposed by the United States. I can't imagine how well they would sell if there were no restrictions."

“If it were any other company, I would say, what does it have to do with my monthly salary of 3000? But Sihai Group is different. They really care about their workers when they make money. I dare to predict that Mr. Yang will definitely appear in the history books in the future.”

……

Yang Chen gained tremendous benefits. The EU was spared from being shorted by Yang Chen and also gained the opportunity to cooperate with China. China, on the other hand, did nothing but obtain Airbus production lines, and zero-tariff treatment for electronic products and new energy vehicles. So who is suffering?
It's naturally the bald eagle's family, especially those investment banks, they must be furious right now.

They, the bald eagles, have always been the ones using others as pawns; when have they ever been used as pawns by others?

I can't stand it any longer!
BlackRock CEO Manny Pacquiao called Yang Chen at around 2 a.m. New York time, and immediately complained, "Mr. Yang, we're on your side, and you're playing mind games with us. Isn't that inappropriate?"

Yang Chen laughed heartily and said, "There's nothing we can do. The EU is offering just too much. Airbus production lines, zero tariffs on new energy vehicles—any one of these benefits is a game-changer. They've given us all of it at once, so of course our family is tempted."

Pacquiao immediately retorted, "You can't just stop shorting the EU after getting so much money! We went to great lengths to persuade the higher-ups to take action against the EU and force them to lift the ban on you. And you turn around and betray us? That's really not fair."

Yang Chen said with a smile, "I'm sorry for what I did this time, but I'll make it up to you next time. Besides, with so many giants joining forces, you can successfully short the EU even without me, so go for it."

Pacquiao quickly replied, "I'm not stupid. I know our strength. If we could reliably short the EU, we would have done it already. We need you to join us, otherwise we're not confident."

“This time it really won’t work. The EU has given us far too much. I can’t let them down,” Yang Chen said.

Pacquiao immediately retorted, "So you think you can let us down? We all cooperated with you with genuine sincerity, and you think you can be at peace with yourself by betraying us?"

This is ridiculous! It's like two resentful women are fighting over Yang Chen. Yang Chen is nicer to the EU woman, and the bald eagle woman is unhappy about it.

Yang Chen said very seriously, "I've said everything I need to say. If it really comes down to it, I'll apologize to you publicly. We really can't touch the EU this time. I've already accepted their gifts, it would be too unethical of us to retaliate against them. Next time, I'll definitely bring you all along. Bye, I have a meeting to attend."

Yang Chen is a straightforward person; he actually posted an apology on Weibo to BlackRock and several other companies.

"I, Yang Chen, would like to formally apologize to BlackRock, Vanguard, Goldman Sachs, Citigroup, JPMorgan Chase, and other companies. It is true that I spearheaded the shorting of the EU, and you all certainly put in a lot of effort to help me, especially Mr. Carmen, the head of the US Monetary Authority, whose righteous speech almost moved me to tears. However, the EU's sincerity has been too great; I cannot take action against them again. I apologize for this, but I will definitely include you next time I take action."

Chinese netizens were amused by this Weibo post.

"Damn it! Boss Yang, your behavior is so scumbag! You flirted with Yingzi and then turned around and hugged the EU. How is Yingzi supposed to face people now?"

"Haha... Boss Yang is truly amazing. With just one sentence, 'I'm going to short Europe,' he managed to manipulate the US completely. The statement made by that bureau chief in the US at the press conference was hilarious. They punished their good buddy, the EU, to protect the interests of Chinese capital. I almost had a brain atrophy when I saw the translation; I just couldn't understand their thinking. Now I know why he said that; he was fooled by Boss Yang."

"Which of the Thirty-Six Stratagems is this? A simple 'I want to short Europe' secured Airbus production lines, zero tariffs on electronics and new energy vehicles, and left the Eagle, who had been working so hard, with nothing to show for it. Boss Yang, brilliant!"

……

Yang Chen's Weibo post quickly spread to foreign websites, where some foreigners made fun of him, while others expressed their discomfort.

The most upset are South Korean netizens—yes, not Bald Eagle netizens, but South Korean netizens.

Anyone familiar with South Korea knows that they are a mental hospital disguised as a country, especially hostile to the Chinese. Seeing that Yang Chen manipulated the US and the EU with just one Weibo post, helping China gain huge benefits, they felt worse than if their father had died.

For example, this is what a Korean named Cho Seong-tae commented.

"The US has repeatedly disappointed us. Can't you show the resolve of the world's leading superpower to take down Yang Chen? I really don't want to see any more news about Yang Chen. Please, show some courage and take him down. Can you? The EU is the same. Nothing much has happened yet, and you're already rushing to cede interests to China. What about your historical foundation? Can't you show the courage your ancestors had in the Age of Exploration? If you're worried about not being able to beat them, we, as the leading superpower in Asia, can help you. We have the Sejong the Great, the KF-21 fifth-generation fighter jet, and global giants like Samsung. We can definitely help you defeat them."

The bald eagle's own netizens, however, seemed somewhat indifferent. For example, a netizen named Jeffrey Johnson commented as follows.

"I've lost count of how many times Yang Chen has taken advantage of us. I'm almost numb to it. I'd be surprised if the news ever reported that Yang Chen hadn't taken advantage of us. What I can't understand is why they still trust him even though they always lose out to him. Wall Street investment banks used to be feared worldwide, but now they've stooped to groveling before Yang Chen, hoping he'll make them money. The worst part is, they're groveling to Yang Chen's satisfaction but getting nothing in return. It's so shameful. We don't expect you to surpass Yang Chen; we just hope you'll avoid any further dealings with him. Don't try to save face, and don't lose face either, okay?"

Netizens from countries such as Russia, the Sand Kingdom, Persian Cat, Iraq, and Afghanistan made fun of the Bald Eagle and the European Union, while placing high hopes on China and Yang Chen.

For example, this is what a netizen from Iraq commented.

"Allah has finally opened his eyes! Yang Chen, well done! China, well done! This world needs you to uphold justice. Promise me you will teach those robbers a lesson. Although we are strangers, I will bless you from beneath these ruins, wishing you ever-growing strength and helping more weaker nations uphold justice."

As a global superpower, the United States has been repeatedly mocked by people all over the world, which it simply cannot tolerate.

So, the presidential office discussed it and decided to have BlackRock and a few other investment banks join forces to short Europe and show the world that they are still the same bald eagles, and that they can't make money by groveling to Yang Chen.

To support Wall Street's short-selling efforts, the US government will take measures such as increasing tariffs on companies in EU countries.

CEOs, investment analysts, and traders from BlackRock and several other companies sat down for a meeting to discuss the feasibility of shorting the European Union.

Goldman Sachs President Martin Winterkorn said, "I don't think we need to discuss feasibility at all, just how to do it. This short selling is driven by our country's political will, and the EU won't dare to oppose us. We select the companies we want to short, and our country directly targets and suppresses them. Their stock prices will have no choice but to fall."

Others agreed with Winterkorn's point. This was a battle for honor, with the US government personally assisting them in shorting Europe, guaranteeing 100% success. There was no need to discuss feasibility; they could simply discuss which companies to short.

After careful selection, they finalized their short-selling list, which included Volkswagen Group, Deutsche Bank, UBS, Barclays, Siemens, Anglo-Royal Group, and Alstom Group.

These capitalists are ruthless. If these companies are all successfully shorted, the EU stock market will face a bloodbath.

Once the targets for short selling have been selected, BlackRock, acting as its representative, submits the list to the Financial Services Authority. Subsequently, each company begins its short selling operations. After they complete their short selling operations, the U.S. government will launch an attack on these companies.

Five trading days later, BlackRock and other companies issued announcements regarding their short positions in Europe. "We want to clarify that shorting Europe was part of our original plan. Yang Chen was merely a tool in our scheme; he mistakenly believed himself to be crucial, but in reality, his presence or absence has no impact on us. Through professional analysis and extensive investigation, we found the European economy to be very fragile, meeting the conditions for shorting. After screening, we have shorted Volkswagen Group, Deutsche Bank, UBS, Barclays, Siemens, Anglo-Israel Group, and Alstom Group. These companies all have varying degrees of problems, and we will release detailed short-selling reports later."

Yang Chen was very unhappy after reading the announcements issued by BlackRock and other companies.

"Damn it, I've already apologized publicly and promised to make it up to them in the future, and now they still want to kick me while I'm down. A bunch of scum, you want to short sell? I'll make sure you don't get your way," Yang Chen muttered to himself.

Yang Chen opened his group chat with the heads of the five major banks and sent a message.

Yang Chen @All Members: Prepare Euros. This time, we're going to help Europe fight back against Wall Street's exploitation.

ICBC President Zhao Kun: Haha... No problem, get it ready right away! How much do you need?
Yang Chen: Let's prepare 1000 billion euros first.

Wang Wanli, President of the Longguo Bank: Then let's prepare 200 billion euros for each bank first, and another 100 billion euros as a reserve. Is that alright?
Yang Chen: OK! Do as Lao Wang says. Wait for my message after you're ready.

Those scumbags on Wall Street shouldn't have stepped on Yang Chen's foot. This was their battle for honor, but instead of regaining it, they've utterly destroyed it.

European financial markets were like startled birds, with retail and institutional investors scrambling to flee. However, the EU raised a large amount of funds to bail them out, and most of the stocks and futures contracts sold by retail and institutional investors were bought up by EU funds. As a result, the stock prices of the shorted companies did not plummet, and the European stock market miraculously stabilized.

However, the U.S. government intervened at this point.

The bald hawks are again using the dirt they revealed when Yang Chen shorted Deutsche Bank and Barclays to launch investigations into the two banks and have announced fines of at least 500 billion euros.

At the same time, the U.S. announced that Volkswagen did not meet emission standards and expected to fine the Volkswagen Group 100 billion U.S. dollars, and demand that Volkswagen recall vehicles that did not meet emission standards.

In short, all the companies targeted by short sellers were sanctioned and fined by the US under various pretexts. This is fatal negative news in the stock market and has a huge impact on stock prices.

Volkswagen Group has a market capitalization of €903 billion, Deutsche Bank has a market capitalization of €350 billion, Barclays has a market capitalization of €520 billion...

This time, the Wall Street group targeted companies with very high market capitalizations. The 800 billion euros raised by the EU seems like a lot, but it's not enough to cover so many companies and can't handle the large number of sell orders.

However, if the goal is to stabilize the stock price of a single company, each country will want to protect its own company's stock price, which leads to disagreements and makes it impossible to concentrate resources on protecting a particular company.

The EU quickly couldn't hold on any longer; 20% of the 800 billion euros invested was already tied up, and the stock markets across Europe were on the verge of collapse.

The EU convened an emergency meeting to discuss countermeasures.

The French representative said, "Damn it, the bald eagles are awful; they have to harvest us."

EU President Donald Tusk said: "I have spoken with the bald eagles, and they are unwilling to stop shorting. They said they must reap the rewards this time, or they will lose face."

The Italian representative said, "We shouldn't have helped the White Eagle target Yang Chen in the first place, otherwise we wouldn't be in this predicament now."

The delegates all lowered their heads, their faces filled with regret and remorse.

At this time, the German representative received a message from Estelle, a rising star of the Alternative for Germany (AfD) party.

Emmstein is the German girl who used to work at the Dragon Bank and was a huge fan of Yang Chen. She even introduced her uncle's drone company to produce Sihai drones under his brand, and named them Sayhi according to Yang Chen's request.

Steyer made a vow to Yang Chen at that time, saying that she would definitely become a rising star in German politics.

As it turns out, she wasn't lying. She is indeed very capable, and in just six months, she became a core member of the Alternative for Japan (AfD) party. Now, the AfD party has decided to focus on grooming her to become a party representative.

Steil was not only capable, but more importantly, her speeches were incredibly inspiring, giving the German people a sense of returning to 100 years ago. Moreover, she always prioritized German interests and was determined to make Germany great again, which is why she rose to power so quickly.

This is the message Steyr sent to his country's representatives.

"We suggest the EU seek help from Yang Chen, who has the ability to help us reverse the exploitation of Wall Street."

The German representative suddenly realized what was happening and immediately stood up, saying loudly, "Gentlemen, I have something to say! We have no hope of winning by directly confronting Wall Street and the bald eagle, but we cannot sit idly by and let Wall Street reap our wealth. We lack the ability to retaliate, but someone does—and that is Yang Chen!"

Upon hearing the name "Yang Chen," the scene instantly fell silent. Some of the overweight people were breathing heavily, and those nearby could clearly hear their breathing; it was that quiet.

Seeing everyone's reaction, the German representative continued, "We've just reached so many cooperation agreements with China and lifted the ban on all of Sihai Group's products. If we ask Yang Chen for help, he will definitely agree. Everyone knows that Yang Chen's short selling is always successful, but few people know that he can also successfully drive up the stock price after short selling. Yang Chen is a pure businessman; as long as we negotiate the terms with him, he will definitely agree."

EU President Donald Tusk immediately said, "I think this is a good idea. If we do nothing, the entire European financial market will collapse, and the 800 billion euros we just invested will go down the drain. This is a burden we cannot bear. Time is of the essence, let's vote directly. Raise your hand if you agree to invite Yang Chen to help us reverse the Wall Street financial crisis."

Representatives from various countries exchanged views briefly and then made their choices.

Ultimately, the resolution was passed with 18 votes in favor, 6 abstentions, and 3 votes against.

EU President Tusk quickly contacted England to discuss the matter. Although England was a lackey of the United States, it agreed to join the EU in inviting Yang Chen to help them in order to counter the exploitation of Wall Street.

At this moment, Yang Chen was having final discussions with the presidents of the five major banks.

Yang Chen (@All Members): Our goal this time is to profit from Wall Street, not the EU. So the operation is simple: just buy companies that Wall Street is shorting. If you have any funds left, just buy any European company. Remember, after you buy, you must report the stocks you bought to me so I can proceed with further operations and ensure that all the stocks we buy rise.

ICBC President Zhao Kun: Received!
Wang Wanli, President of Longguo Bank: Received!

……

At that moment, EU President Donald Tusk called Yang Chen.

Yang Chen answered the phone and asked, "Who is this?"

Tusk quickly said, "Mr. Yang, hello, I am Donald Tusk, President of the European Union. Is it convenient for us to talk?"

Yang Chen replied with a smile, "Oh, Mr. Tusk, what brings you to my phone?"

Tusk immediately said, “That’s right. The bald eagles are targeting us, determined to reap our wealth. We can’t just sit idly by and let them take it all. But even after investing 800 billion euros, we couldn’t save the stock market; we’re powerless to fight back. So, we’d like to invite Mr. Yang to help us fight back against Wall Street. We hope Mr. Yang will help us, considering how many agreements we’ve just reached. Is that alright?”

Ok?
Is there such a good thing?

Anyone who knows Yang Chen knows that he's a fool not to take advantage of a good deal.

Yang Chen was originally going to help the EU, but now that the EU is asking him for help, he will definitely take the opportunity to ask for some benefits before he can act.

Yang Chen immediately said with difficulty, "Oh, Mr. Tusk, let's keep things separate. Your cooperation with us means I won't short the EU. You can't use that to morally blackmail me into helping you. Your experience has taught me one thing: don't get involved in disputes that don't concern me, or you'll get burned. If you hadn't helped the US target me, you wouldn't be in this situation, right? I have to learn from your mistakes and not get involved in your feud with the US, lest I get burned."

Tusk quickly said, "Mr. Yang is right, we'll be more careful in the future. But Mr. Yang absolutely has to help us this time, otherwise we'll suffer huge losses. We won't let Mr. Yang help us for nothing. As long as Mr. Yang helps us successfully counterattack, you can transfer all the money you earn back to China without any fees, and all the Wall Street funds you harvest will be given to Mr. Yang personally. In addition, we welcome the Sihai Group to build factories in EU countries to produce electronic products or smart products such as drones, and we will provide a 10-year tax exemption and free land support policy. What do you think?"

(End of this chapter)