50s: Starting with a storage ring

Chapter 463 Full support
Chen Damin knew that his Cathay Pacific was small, but he couldn't resist the opportunity to rapidly expand its scale and influence.

Although he was apprehensive, he still rushed back to Hong Kong Island overnight because he needed Sun Zhiwei's firm support for such an important decision.

Chen Damin contacted Sun Zhiwei, who had returned to Washington, via an overseas phone call, and explained the situation while suppressing his excitement.

Sun Zhiwei naturally cheered him on, and to show his attitude through action, he boarded a flight to New York that very night.

The next day, after arriving in New York, he did two things.

The first thing they did was go to the Federal Reserve and transfer 22.68 tons of gold to the New York branch of Cathay Bank.

Of course, the gold is still in the Federal Reserve vault, but the registered owner has been changed to Cathay Bank.

The Federal Reserve is like a gold vault; it's easy for gold to go in but difficult to get it out. Extracting gold is not something that can be done in a day, but there are no restrictions on trading within the vault.

The second thing he did that night was to drive a van alone and secretly deposit 3.45 tons of old US dollar bills into the vault of Cathay Bank's New York branch.

After Sun Zhiwei deposited his $3 million into the New York branch, Chen Damin, who was on the other side of the ocean, received a call from Huang Mingyu, the head of the New York branch.

It was 2 a.m. in New York, but it was afternoon in Hong Kong. Having not slept for two days, Chen Damin, his hair disheveled, was waiting for news in his office at the Hong Kong Island branch.

After the call connected, Huang Mingyu only said two words on the phone: "Okay."

The reason he spoke so briefly was thanks to Sun Zhiwei's prior reminder to them.

While others might be unaware of the CIA's global surveillance program, Sun Zhiwei certainly wasn't. He certainly didn't want his bank account balance exposed to the greedy CIA.

Chen Damin felt relieved after hearing the news from Huang Mingyu. At this moment, he couldn't help but feel that he had made the right decision to agree to Sun Zhiwei's investment.

Sun Zhiwei's two massive capital injections have effectively expanded Cathay Bank's size sixfold out of thin air. Now, he is brimming with confidence and is preparing to make one last big push before retiring.

He immediately hung up the phone, then drove with Zheng Jiafa across the border back to the Shenzhen branch, and conveyed the news of their agreement to cooperate to the four major banks before 5 p.m.

Sun Zhiwei had been busy for several months with Cathay Pacific's affairs, and by the time everything was sorted out, it was almost November.

The 49th general election in Country M was held on November 4th.

Jimmy's diplomatic contributions over the past three years could not outweigh his poor performance in other areas, such as the economy, and he was ultimately defeated by Reagan by a landslide in the election on the 4th.

Washington entered the Reagan era, a staunch conservative and the most persuasive political orator since Roosevelt.

Although the Reagan era was the best period for the relationship between the two sides.

But just like his previous acting career, Reagan was a habitual liar, always thinking about selling weapons on both sides of the Taiwan Strait, and breaking his word was commonplace for him.

Regarding the fact that President M. America often lies, we have only had a short time dealing with the White House, and the first White House occupant we met was the honest and kind Jimmy who never lied, so we have no idea about it at all.

In our opinion, as the head of a country, one should naturally keep one's word.

However, the White House is different because they treat being in the White House as a job; you work there for a few years and then you're out.

Therefore, they lack any sense of responsibility as leaders of a nation, prioritizing their own interests above all else. Agreements are signed but can be violated at any time; their words are as worthless as empty promises.

Of course, we don't count freaks like Jimmy, who only appears once every century. Meanwhile, Reagan is about to take office, but there's absolutely no information about him in China.

So, Lao Han received an urgent task: to comprehensively analyze intelligence about the new occupant of the White House and provide a basis for the family's decision-making.

In addition to mobilizing others to collect intelligence from various sources, Lao Han also sent a copy of this task to Sun Zhiwei.

Sun Zhiwei naturally wrote down all the information he knew and made his own summary and analysis: This is an extremely hardline conservative with flexible bottom lines and a talent for performance.

He's no longer an unknown Kara; he's gained some recognition at the highest conference table, and his analysis will certainly attract the attention it deserves.

He believed that his analysis report would serve as a warning, but there was nothing else he could do to help; everything would take time.

It's no use saying anything now; the key is to make money and avoid pitfalls during this period.

He does have some ideas about making money.

Two months ago, a war broke out in the desert. The Russians and the U.S. were stirring things up, and then they sold weapons to both sides, making a lot of money.

Other allied countries on both sides also saw the business opportunities and began selling weapons to both sides, as anyone involved could make money.

Since last year, the family has already decided on a future strategy focused on economic development, with all the money being used to generate more money. "The military needs to be patient," and naturally, the arsenal no longer provides meals from the same pot.

We're on America's side now, so why can't we get a share? As mentioned above, if you're capable, go find your own food; this is our opportunity.

He reported his idea to Lao Han and asked Lao Han to pass it on. Everyone is smart enough to take advantage of a good deal. Once this line of thinking is opened up, there will naturally be smart people to sell it.

The Russian bear buys high technology from the bald eagle, often in deals worth hundreds of millions or even billions. We don't have high technology, but our weapons are cheap. Even if we don't get the lion's share, getting a small slice is enough for us.

High technology is great, but it also requires highly skilled operators. Just like advanced fighter jets, it takes several years just to train pilots and support staff after you buy them, which is simply not keeping up with demand.

Our tanks and airplanes are great, cheap and plentiful, and pilots can get the hang of them in just three months.

Thus, to his knowledge, throughout the 1980s, we exported thousands of Type 69-II tanks, nearly a hundred G7 fighter jets, and hundreds of Silkworm missiles to the desert.

We made over 10 billion US dollars in one go. At that time, our foreign exchange reserves were only 13 billion US dollars. As a result, these things increased tenfold after being sold.

Originally, our family didn't sell weapons; we would just give them away or provide aid all the time. But now we're out of money.

Now we talk about developing the economy, but buying advanced equipment, attracting investment, and foreign trade procurement all cost money, and all of these require foreign exchange.

Don't you panic when you don't have money? That's why nowadays, as long as someone wants to buy, you'll sell anything.

Just like a few years later, a large dog family was threatened by a neighboring country and had to find some big guys to protect themselves in order to exert strategic deterrence.

However, there are only three countries involved. The Russian bear and the bald eagle each have their own interests in the desert, so of course they are unwilling to sell.

In the end, it was our family that sold some to them, which allowed them to maintain their superior status in the desert.

(End of this chapter)