I have a debt of 3 trillion, and my creditors are begging me not to die.
Chapter 343 New Reward Gene Pesticides
Seeing that international public opinion was turning against them, the U.S. dared not suspend its short-selling mechanism, and Carmen, the head of the financial sector, quickly held a press conference to "clarify" the situation.
"I want to clarify here that we have no intention of suspending the short-selling mechanism, and the videos circulating online are fake. As everyone knows, AI is developing very rapidly now, and it is not difficult for AI to create a few fake videos. Here, I want to solemnly reiterate that the United States is a free, democratic, and open country. Winning or losing depends on one's own ability, and we will absolutely not do anything that violates the principles of fair market competition. Investors from all over the world can rest assured to invest in the United States."
The reporters at the scene all laughed. It sounded nice, but everyone knew the truth in their hearts. It was just a last-ditch effort to save face.
At this point, an AFP reporter asked: "With all the major indices in the US plummeting and the stock prices of prominent Chinese companies falling for three consecutive days, what are your plans? Are you just going to watch them continue to fall like this?"
Carmen immediately replied, "That question... um... you know, we... um... next question."
"Ha ha……"
The whole crowd laughed.
Carmen's lag indicates that the Bald Eagle currently has no way to turn the situation around. The only hope is to suspend the short-selling mechanism. However, this time, investment institutions around the world are on the same side as Yang Chen, so they cannot take the approach of suspending the short-selling mechanism.
Now that things have come to this, it's clear to anyone with eyes to see that the Bald Eagles have lost again, and all they can do is send these companies to negotiate with Yang Chen.
But as the saying goes, what you can't win on the battlefield, you can't win at the negotiating table either, unless you give up enough benefits to the other side.
As a country whose economy is based on finance, the consequences of such a sharp drop in the stock market are too serious. After discussion, the top management of the White Eagle decided to send Carmen to lead the presidents of GE and other companies to Jiangcheng to negotiate with Yang Chen.
The Chinese side provided positive cooperation and approved Carmen's special plane to land at Haicheng International Airport.
Early the next morning, Carmen led the CEOs to Sihai Group to meet Yang Chen.
Yang Chen, accompanied by Chen Xi, Zhao Jing (President of Sihai Investment), Bai Zhi (President of Sihai Medical), and senior executives from two subsidiaries, came to the reception room to negotiate with Carmen and the others.
“Mr. Yang, let’s not waste any more time and get straight to the point. We are very pleased that you have made a breakthrough in the field of high-end medical devices, but you can’t leave us no market at all, can you?” Carmen asked.
Yang Chen nodded and replied, "Isn't this how you've always treated us? The chip issue still hasn't been resolved. What are you complaining about here? You're allowed to target us in your areas of expertise, but I'm not allowed to retaliate in kind in my areas of expertise? Don't be so hypocritical, Mr. Carmen."
Carmen immediately said, "The chip problem isn't unsolvable, it's just that you're unwilling to meet our demands and concede benefits that satisfy us, so we've imposed restrictions."
"Yes, that's well said! So, the medical device problem isn't unsolvable; the key is whether you can meet my interests. My dear Mr. Carmen," Yang Chen said with a smile.
The entourage looked at Carmen speechlessly. If you can't negotiate, shut up. What a disgrace!
He opened his mouth with just two sentences and immediately put himself in a completely passive position.
The president of the fruit company, Kurk, quickly said, "Mr. Yang, Mr. Carmen is talking nonsense. You don't need to pay attention to him. We came here with sincerity. Mr. Yang, please feel free to make any requests. We will do our best to meet them."
The other company presidents immediately nodded in agreement.
Damn it, they've already come here to ask for peace talks, why are they still putting on airs?
Carmen is simply mentally unstable and doesn't understand her own status and position.
Yang Chen nodded and said, "If you talk like this, wouldn't the problem be easier to solve? I don't actually have any demands. I've always emphasized that companies worldwide should compete fairly, and we shouldn't artificially impose various restrictions. I don't necessarily want companies like GE to give up the mid-to-high-end market. If they have the ability to compete with me in the mid-to-high-end market, I'll applaud them. Your business will face no obstacles entering China and will even receive various preferential treatments. For my business, entering the United States is harder than landing on the moon, with all sorts of restrictions and conspiracies. And you shameless Americans keep promoting your freedom, democracy, openness, and inclusiveness. Aren't you ashamed at all?"
These bald eagles were so humiliated by Yang Chen's scolding that they couldn't even lift their heads. Who told them to be so notoriously hypocritical and hypocritical?
Yang Chen continued, “As long as the bald eagle fully opens its markets to me across all industries, I will immediately stop. Otherwise, I will continue shorting until you are forced to abolish the short-selling mechanism! I need to emphasize that I am talking about permanent opening, not your promises today followed by reneging tomorrow, or your superficial promises while secretly sabotaging things. You have an election coming up soon. If the Democrats lose and the Republicans come to power, the new government must continue to fulfill its promises. The CEOs present here today can largely determine who is elected next month. You should know what to do, right?”
Kurk immediately replied, "Understood! If it's just opening the market to Mr. Yang alone, that's not a problem. What do you all think, CEOs?"
Nvidia President Wang Wenxun immediately said, "I also think there's no problem."
Tesla President Master followed up, saying, "The Dragon Country market is absolutely the fairest market in the world. I also hope that the Bald Eagle can learn from the Dragon Country. Unfortunately, it is clear that the nature of the Bald Eagle's national conditions determines that it cannot be as open, inclusive, fair and just as the Dragon Country. I very much hope to have a fair competition with Mr. Yang, and I will do my best to persuade the government to fully open its market to you."
The CEOs all expressed their opinions, and Yang Chen nodded with great satisfaction, saying, "Very good! Do you all need to consult with your families? Let's take a break for a while and continue in half an hour."
Yang Chen got up and left with his men, and the people from the White Eagle family immediately gathered together to discuss the matter.
“I don’t think Yang Chen’s request is excessive. If China can open its market to us, why can’t we open our market to them?”
“We’ve all witnessed how terrifying he is, and other investors don’t dare to oppose him. If anyone does oppose him, we’ll have Yang Chen short his stock and make him feel the pain. Then they’ll agree with us. So, we don’t need to worry about other investors opposing us at all.”
"We need to report to our family first. It's no use if we agree; we still need the White House to agree."
"Mr. Carmen, would you please make a call home to report the situation?"
Carmen nodded and immediately called the White House back to report the results of the negotiations so far.
Yang Chen currently operates businesses in industries including medical devices, pharmaceuticals and healthcare, hospitals, unmanned artificial intelligence, automobiles, mobile phones, insurance, finance, entertainment, security, construction, agriculture, sports, elderly care, and beverages.
If these markets were fully opened, Yang Chen's creativity would definitely have a huge impact on local companies in the United States in a short period of time, and some companies might even go bankrupt.
So the White House immediately rejected the request, but soon changed their tune, saying they needed to hold a meeting to discuss it before making a decision, and asked Carmen to suspend negotiations and wait for the latest instructions from the family before continuing.
Half an hour later, Yang Chen led his men back to the conference room.
"So, what did they say at home?" Yang Chen asked loudly.
Carmen immediately replied, "The family still feels that opening up so many markets to you all at once has a significant impact and they need to hold a meeting to discuss it. Therefore, our negotiations are suspended until we receive new instructions from the family. Is that alright?"
Yang Chen replied with a smile, "Of course! I'd love for you to delay as much as possible. After all, every extra day I delay means I earn hundreds of billions of Eagle Dollars. I should thank you for stalling for time."
Carmen said awkwardly, "We can't do anything about it. That's what the higher-ups are asking us to do, and we have no choice but to comply." Yang Chen nodded and said, "It's alright, let them discuss it slowly. Please make yourselves at home, I won't keep you company any longer."
Yang Chen turned and walked out. Carmen and a group of presidents also left the Sihai Group to rest at a hotel and wait for new instructions from home.
Because of the stock market crash in the United States, various capital groups prepared a lot of funds to buy at the bottom, which caused a serious consequence: other countries were instantly drained of a lot of investment, and countries with weak resistance were suddenly plunged into crisis.
For example, South Vietnam, which was touted online as the world's factory and had already entered the stage of a developed country, encountered a huge crisis.
Foreign capital is withdrawing and preparing to buy up assets in the United States at rock-bottom prices. The large-scale sale of assets will inevitably lead to a price drop. The wealth that South Vietnam has worked hard to accumulate over the past ten years has been largely wiped out by the last round of interest rate hikes in the US dollar. This time, the stock market crash in the United States has further drained most of the wealth, meaning that South Vietnam's hard work over the past ten years has been in vain.
Room rates in Ho Chi Minh City have fallen by more than half, which gives you an idea of how dire the situation is.
This is the tragedy of small countries; whether they can get a bite to eat depends on the whim of the bald eagle.
Many people on the internet have no economic common sense or basic understanding of the international situation. They blindly praise small and medium-sized countries like South Vietnam, which is just plain stupid.
Is it possible for a country that relies on China for both raw materials and electricity to surpass China and become the world's factory?
A country whose wealth can be harvested in a decade by a single Eagle coin tide still dreams of becoming a developed country?
Singapore faced similar troubles to South Vietnam. Since the Straits of Malacca crisis, foreign investment in Singapore has gradually withdrawn. Nobody wanted to wait until the Jianpuzhai and Taiguowan Canal were open to navigation before leaving, because by then it would be too late.
Previously, Singapore attracted a large amount of international capital due to its geographical advantages, including not only American and European capital, but also a large number of wealthy immigrants and investors from China.
The saying goes, "Success and failure both depend on the wind and clouds," or rather, "Success and failure both depend on Xiao He"—that's the proper way to put it.
Singapore prospered thanks to international capital, but now that international capital is rapidly withdrawing to buy up shares in the United States, it has drained Singapore's capital pool.
As a result, their country is short of money, and many companies are facing the problem of broken capital chains.
Previously, in order to persuade Yang Chen to stop shorting Singapore, companies such as the Singapore National Port Group lent Yang Chen 100 billion peso as protection money.
Now that they are facing financial problems, they naturally contacted Yang Chen immediately to ask for money.
Zhu Changrong, president of the National Port Group, called Yang Chen.
"Mr. Yang, I'm so sorry to bother you. The stock market in the United States has plummeted, causing international capital to withdraw and prepare to buy at the bottom. We're facing a huge funding problem here. Could you please repay the money we lent you before? Even a partial repayment would be fine; we urgently need it. Thank you."
Yang Chen retorted, "Are you being ignorant, or are you pretending to be confused? Have you forgotten the conditions I set for ending my short selling of Singapore? Now you're asking me for money, do you want me to go back on my word and continue shorting Singapore?"
Zhu Changrong quickly explained, "No, no, that's not what I meant. I know this money was one of the conditions for Mr. Yang to stop shorting Singapore, but we are really facing a financial crisis right now and have no other choice, so we were hoping Mr. Yang could return some of it to us. We'll return the money to you after this crisis is over. Is that alright?"
“I thought it was a big deal. No money? No problem. Just borrow from me. I can also invest in you guys,” Yang Chen said.
Zhu Changrong: "..."
Zhu Changrong almost thought he had misheard. They lent money to Yang Chen, and now Yang Chen wasn't paying it back, but instead wanted them to lend him money. Was this something a carbon-based life form could pull off?
“Mr. Yang, do you think this is... inappropriate?” Zhu Changrong said.
Yang Chen countered, "It's perfectly suitable. I'm not worried about you losing a lot of business by investing in you, and you call that unsuitable? I don't have time to argue with you here. That money is your protection money, and I can't possibly return it to you unless you're prepared for me to short-sell you again. If you need money, I can invest in you; you just need to give up some shares. Of course, if you're unwilling to give up shares, I can lend you some, with interest calculated according to market rates. That's it!"
Yang Chen hung up the phone immediately, not having time to argue with him.
As one of the conditions for ending the short selling of Singapore, that 100 billion peso loan was protection money. How dare he still come to ask for it? Doesn't he realize that without that 100 billion peso loan as a condition, why would Yang Chen listen to their request and stop short selling Singapore?
My mind isn't clear!
At this point, the system issued a reminder.
"The host refuses to repay the debt to Singapore National Ports Corporation. The system rewards the host with the [Full Series of Gene Pesticides] process formula, effective immediately."
What on earth is gene-based pesticide?
After Yang Chen integrated the information given to him by the system, he understood what gene-based pesticides were all about.
Anyone who has taken high school biology has seen the term "gene-based pesticides." Simply put, these pesticides are effective only against a certain type of pest and do not harm other organisms.
The reason this is possible is that every organism has its own unique gene segment, and gene-based pesticides target this unique gene segment, causing only organisms with this unique gene segment to be poisoned by the pesticide, while other organisms, which do not have this unique gene segment, are immune to the pesticide.
For example, aphids have a unique gene segment, represented as gene segment A.
Genetically modified pesticides have been developed that target the A-segment gene of aphids. When these pesticides are sprayed onto crops, the aphids will die after ingesting them, triggering the toxicity of the A-segment gene. However, since other organisms do not have the A-segment gene, they can drink this pesticide like cola without any problems.
Similarly, the same principle applies to other pests.
In theory, Yang Chen could also use this technology to create drugs that are effective against humans but ineffective against other organisms.
Therefore, this is a great test of Yang Chen's ideological awareness. He cannot use this technology for bad purposes, otherwise the consequences will be very serious.
If this series of gene-based pesticides were to hit the market, all sorts of toxic pesticides currently on the market would be eliminated. Given the massive daily consumption of pesticides worldwide, this would be another incredibly lucrative project.
Yang Chen immediately organized the information and then took it to the Sihai Agricultural High-tech Research Base.
Sihai Agricultural High-Tech has acquired so much land in Africa, which can be used for experimental testing. After collecting enough data, it can be launched on the market. (End of Chapter)
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