The unparalleled talent of the country started from Harbin Institute of Technology
Chapter 288, I'll be right there after I wash up
Chapter 288, I'll be right there after I wash up (Seeking monthly votes)
September 20, 1985, Yokohama Bank headquarters conference room, Japan.
Kikuya Yamashita sat smugly at the conference table, looking at the president and others before her, her heart filled with excitement.
This was the first time he had sat in the executive meeting room, as it was the first time he had attended an executive meeting of Yokohama Bank since becoming an executive.
Over the past few months, Kiku Yamashita brought Yokohama Bank a major client who took out a loan of 125 billion yen, equivalent to 500 million US dollars.
The current exchange rate is 1 USD/JPY 1:250, meaning one US dollar can be exchanged for 250 Japanese yen.
Pandora borrowed so much money, but invested it in the Japanese real estate market, with a small portion going into the stock and foreign exchange markets.
Regardless of how Pandora uses the money, it's a sure-fire way for Yokohama Bank to make a profit.
"Following instructions from the group's senior management, Yokohama Bank will continue to expand its overseas business. We welcome more contracts like this one with Pandora, where the loan was made in yen but repaid in US dollars."
The president of Yokohama Bank said seriously, glancing at Kikuya Yamashita with a smile as he mentioned Pandora.
Kiku Yamashita was even happier and more excited to receive such recognition from the usually stern president.
The meeting didn't last long before it was interrupted by urgent knocking on the conference room door.
Before the president and other executives could react, the door was suddenly pushed open, and several senior executives rushed in.
Upon seeing these people's faces, the president, Kiku Yamashita, and the others' angry expressions vanished instantly, replaced by smiles, and they even bowed deeply at a 90-degree angle.
But he was still kicked to the ground.
"You idiots, you're all stupid pigs!"
The group's top management was furious because they had just received news that the tide was turning.
Although it is only September 1st, the senior executives of Yokohama Bank already know some of the developments.
Japan has a very capable finance minister named Takeshita Noboru, who has already received an invitation from the United States.
The information revealed by Takeshita Noboru is that Japan needs to help depreciate the US dollar.
No further information is needed; just this one sentence is enough.
In other words, the loan agreement that Kiku Yamashita signed with Pandora a few months ago was a huge pitfall, and Yokohama Bank suffered heavy losses.
And since it's a five-year loan, who knows how much the dollar will depreciate?
If the yen appreciates significantly at that time, the losses from this loan agreement will definitely be even greater due to the fluctuations in the yen's value.
Based on the USD/JPY exchange rate, by the end of this year it will be 1:168, meaning the yen has appreciated by a full 82 yen.
In other words, the 125 billion yen loan taken out a few months ago should have been used to repay the principal of 125 billion yen, but now Pandora only needs to spend 84 billion yen to exchange for US dollars to repay it.
In just a few months, Pandora earned 41 billion yen. This business is really too lucrative.
Of course, at present, it is only confirmed that the US dollar is depreciating and the Japanese yen is appreciating, but the specific extent is not yet completely determined.
Therefore, the senior executives of Yokohama Bank were naturally furious.
What the hell is going on?
Kiku was completely dumbfounded. He had just been riding high for a short while, and now he was about to be kicked over?
The executive hasn't even warmed his seat yet, and he's already being ousted?
Damn it, what kind of mess is this?
In fact, it wasn't just Kiku Yamashita; several other executives from Japanese banks who had lent money to companies like Yuma Apparel were also criticized immediately after receiving commendations.
Although all of this has little to do with these executives, since it's not something they could possibly know about.
Meanwhile, the conglomerates behind Yokohama Bank and others were closely monitoring the situation in the United States.
The issue is not yet fully resolved, and there are other issues that need to be negotiated, such as promoting the opening of other countries' markets to increase imports of American goods. Therefore, it is not that simple.
New York, USA.
While the Plaza Hotel on 59th Street was still engaged in heated discussions about the relevant agreement, Wall Street had already begun to take action in earnest.
The foreign exchange market is the world's largest market, and chasing highs and selling lows is a favorite game for capital.
By September 20th, the Wall Street financial giants already knew everything they needed to know.
Therefore, the depreciation of the US dollar is irreversible.
Many financial firms on Wall Street have turned their attention to the foreign exchange market, while also keeping a close eye on the latest developments at the Plaza Hotel.
Once the discussions at the Plaza Hotel conclude, any aspect of the agreement could potentially lead to significant fluctuations in the foreign exchange market.
"Fuck, are we really going to enter the foreign exchange market? Are those Japanese conglomerates really willing to do that?"
On Wall Street, there are still many companies that don't know how to make a judgment.
Many analysts had guessed that a depreciation of the dollar was inevitable, but until an agreement was reached, no one dared to make any rash moves.
Otherwise, the foreign exchange market would have already experienced violent fluctuations.
If these Wall Street capitals and international speculative funds could start setting things up as soon as the trend begins, then the US wouldn't need to put in so much effort.
There was no need for James Baker to force Takeshita Noboru to sign the agreement.
Forcing someone to do something you don't like is not an easy thing.
"For God's sake, you idiot, you should go to hell. Do I really need to explain such a simple truth to you?"
Such a conversation is taking place inside a financial firm on Wall Street, where differing opinions have led to a dispute.
In the end, their boss made the final decision, resolved the dispute, and began to take action.
While turmoil was raging in New York, the offices of the Mathematics Department at Harbin Institute of Technology in Ice City were unusually quiet.
Recently, Wang Duoyu has been taking much longer to get home each day.
Because Liu Xiaoli was pregnant, he was extra careful.
The daily procurement of ingredients is handled by a designated person.
The purchasing department of Harbin Institute of Technology's canteen centrally purchases ingredients from outside, and then a portion of them are handed over to the security department.
In addition, Wang Duoyu has also arranged for people at Want Want Group to help with things like growing vegetables.
Therefore, the sources of ingredients are very diverse and not limited to one place.
In short, he will become very particular about ingredients.
Eating is very important, but other aspects are also highly valued.
Every two weeks, Wang Duoyu would ask a doctor from the affiliated hospital to come and check on Liu Xiaoli to see if the fetus was normal.
Having both experienced a miscarriage, both Wang Duoyu and Liu Xiaoli are now paying extra attention to safety.
This is also something that can't be helped.
Wang Duoyu is spending more time at home, but that doesn't mean his working hours have been shortened.
He only gets busy with his mathematical research papers when he has nothing else to do.
Since the conference in May, he has not published any papers. He hasn't published a single one.
Anyway, as everyone knows, he was traveling around in July and August, so it's normal that he didn't publish any papers.
He has previously proven but not yet published three research results: infinite-dimensional partial differential equations, the Collatz conjecture, and the Banach hyperplane problem, but Wang Duoyu does not intend to publish them.
It won't be published until at least after I won the Fields Medal in 1986.
Logically, since he wasn't in a hurry, there was no need for him to continue proving these fundamental mathematical theoretical problems. But Wang Duoyu knew that by 1990, it would be even more difficult for him to win the Fields Medal for the third time.
Of course, he doesn't really want to get it anymore, because he already has one and will most likely get one next year.
Therefore, he wasn't particularly obsessed with the Fields Medal, but he still had strong opinions about the great masters of mathematics.
Unfortunately, the functor conjecture is too difficult.
Over the past few months, Wang Duoyu has not been without progress; he has made some significant advancements by using all the mod5 Galois paradigms generated by elliptic curves as a starting point.
I believe a breakthrough will be achieved soon.
On the other hand, he also developed a whole set of techniques for constructing reducible groups and P-adic reducible groups, and proved the Artin conjecture in special cases.
As is well known, the functor conjecture is essentially a problem of restating the Artin L-function as a two-dimensional complex representation of the Galois group and a representation of the GL2 automorphic group. This problem involves many complex theories and techniques in mathematics, including Galois representation theory and number theory.
Therefore, proving it is not that simple.
When he got off work that day, there were several people standing at the door. Liu Deben and Lü Gongliang were further back, while Lü Yangui, Fang Lihe, and others were standing at the front.
"Wow, so many leaders are here? What a coincidence, I'm off work. Would you like to come to my house for dinner together?"
Wang Duoyu was startled when he saw everyone as soon as he opened the door.
Upon hearing his joke, Lü Yangui immediately said, "The finance ministers of Japan, Germany, Britain and other countries have arrived in New York, and James Baker of the United States is also in New York."
"Oh, they've finally started negotiating? That's good." Wang Duoyu's smile remained unchanged as he calmly asked, "Since they're already planning a meeting, we'll just wait. Why did you come to me?"
The matter was already settled, and there was no way to back down, so Wang Duoyu didn't understand why everyone was coming to him at this time.
"You're really calm, Professor Wang. In this situation, if their decision contradicts your initial assessment, our losses could be enormous."
At this moment, a leader standing next to Lü Yangui spoke in a deep voice.
Upon hearing this, Wang Duoyu raised an eyebrow and said:
"So, everything I said before was a waste of time? Let's talk in the office."
After everyone had come in, Yuan Zuliang checked the office several times to make sure there were no eavesdropping devices and that the signal jammer had been activated before turning to leave.
After the security personnel had all left, Wang Duoyu finally spoke:
“Since the Lotte Group was founded in September 1981, a full four years have passed. In such a long time, do you still not know whether my judgment is correct or not? What is there to question me about at this point?”
"I know Lotte Group has invested a lot of money, a huge sum of money, but you are not ordinary people either. Is it necessary to be so impatient?"
"They will definitely sign an agreement, and the contents of the agreement will certainly not differ too much from my previous predictions."
"I've already analyzed the cause and effect, and I've explained the US's approach. Is there anything else you need to know?"
"Let me tell you, I'm not a god, and I have no obligation to fool you."
Lu Yangui and the others were speechless.
While that's the logic, it would be abnormal to say I'm not worried.
“We’re not worried, we’re just excited, you know?” Liu Deben said, speaking on behalf of the leaders.
Wang Duoyu shook his head and said:
"I don't know. We should get news from the US in two days. Anyway, don't worry. Instead of worrying, you should focus on how to get the money back smoothly."
Upon hearing this, Lü Yangui immediately smiled:
"Haha, don't worry about that. We've already prepared the purchase orders, and we'll definitely be able to bring the funds back smoothly."
Once you make money, you should definitely spend it, not just keep it.
When money reaches a certain amount, it becomes a number, but it's not just a simple number.
Because once it reaches that level, it no longer just represents a string of numbers, but rather resources.
For example, if Lotte Group earns one billion US dollars this time, then that money will definitely be immediately allocated to other funds and then used for procurement.
This needs to be allocated reasonably. For example, this year we exported a large number of Powerbook computers, PHS mobile phones, electric bicycles and other products to the United States.
Based on this export quota, we would need to import a similar amount of food, technology and equipment, oil, and minerals from the United States.
Of course, most of it consisted of grain.
why?
Because soybeans, corn, wheat, and other grains are relatively cheap in the United States, and not so expensive.
As for the technology, it would be even more difficult to buy it from the United States, and they would definitely ask for an exorbitant price, which wouldn't be worth it.
Products like oil can be purchased, but not in large quantities.
Or, to put it another way, all products are similar, and they are not sourced entirely from the United States or any one particular country.
The best approach is to separate the procurement amounts, as this way we won't be too reliant on the other party.
When the goods exported to the United States and the goods purchased from the United States are roughly the same, then it will not lead to an export surplus for us with the United States.
The reason we work so hard to earn foreign exchange is not to save the money we earn, but to use it to purchase the resources we need.
"Okay, that's settled then. Is there anything else you want to talk about?"
Wang Duoyu nodded and asked.
He didn't think there was anything wrong, but Lü Yangui and the others felt uneasy, especially in the moments before the results came out.
For the next half hour or so, Wang Duoyu still couldn't get home.
And after they had finished chatting, he was helped by everyone to a small private room in the cafeteria for dinner.
This was the first time he had eaten out this month, because he had been eating at home for the past few days, three meals a day, all at home.
Two days passed in the blink of an eye, and news came from the United States.
Lu Yangui and his group cheered immediately. At the same time, Wang Duoyu was also in the office. Lu Yangui and his group were very anxious and wanted to know the latest news as soon as possible.
Now that everyone is together, they are completely relieved after seeing the contents.
According to news from the Plaza Hotel, the French Federation, Germany, and the United Kingdom have all made concessions, allowing their currencies to appreciate to some extent, but Japan has made the biggest compromise, mainly in the following aspects.
First, we will further open our domestic market to foreign goods and services.
Second, implement strong regulatory deregulation measures to fully unleash the vitality of the private sector.
Third, a flexible monetary policy is implemented for the yen exchange rate; fourth, the liberalization of the financial market and the yen exchange rate is vigorously promoted.
Fifth, in terms of fiscal policy, we will continue to focus on two main objectives: reducing the deficit and providing a favorable growth environment for the private sector.
Sixth, in terms of stimulating domestic demand, the focus is on expanding consumption and mortgage credit to stimulate private consumption and investment.
All six points mentioned above relate to the appreciation of the Japanese yen against the US dollar.
It’s just that!
Therefore, the appreciation of the yen is a foregone conclusion.
It's exactly the same thing Wang Duoyu said before.
That's why Lü Yangui and the others exclaimed in such a panic.
Now that the agreement for the Plaza Hotel has been announced, the rest is simple: just wait to collect the money.
"I'm treating you to drinks tonight!"
Lu Yangui waved his hand and said happily.
Liu Deben, however, said with a smile:
"No way, how can we let you, the leader, pay the bill on our Harbin Institute of Technology campus? I'll definitely do it."
"No, we're not eating in your cafeteria today. We're eating out. It's such a happy occasion, we should definitely eat well."
Wang Duoyu watched them discuss where to eat with a smile, without participating.
However, he didn't want to eat with everyone, but they wouldn't let him leave; they all insisted on keeping him company. So, tonight, he ate out again.
He didn't get home until very late, at 10:20 p.m.
Liu Xiaoli and the others had already gone to sleep, but when he returned, Liu Xiaoli still woke up.
"Duyu, is that you?"
"Yes, it's me. You go to sleep first, I'll wash up and come over."
The two spoke in hushed tones, and the bedroom quickly fell silent.
A while later, after Wang Duoyu finished showering and came out, he had just lain down when Liu Xiaoli immediately came over.
After whispering to each other for a while, Wang Duoyu suddenly asked:
"Should we go to Xinjiang province next month?"
"Xinjiang Province? Isn't that too far away?"
Xinjiang Province is indeed very far from Harbin, about 4,000 kilometers as the crow flies, in short, it's very far.
Most people wouldn't think of going to such a far place for a trip.
However, Wang Duoyu had wanted to go there for a long time, because autumn in Xinjiang Province is completely different from autumn in other places.
Autumn is too short here in Harbin, because winter comes very soon.
Actually, it's already autumn in Harbin now, and the autumn atmosphere is quite strong.
However, the autumn scenery in Harbin is quite ordinary, a desolate scene with almost no vitality.
Of course, autumn is a season of desolation and lifelessness, which is quite normal.
However, autumn in Xinjiang province is much more beautiful.
Now that Wang Duoyu can't hunt, it's good for him to go out for a walk, enjoy the scenery, and relax.
On the other hand, we should take our children out to see the world more often, especially Wang Junhong, who is already over four years old, almost five. If we don't take him out to play soon, he will probably have to go to elementary school soon and grow up very quickly.
That's how kids are; growing up seems to happen in the blink of an eye.
"It's a bit far, and your butt will hurt from sitting on a plane so much, haha."
Wang Duoyu smiled and then said:
"We'll go to Beijing in a few days, spend the National Day holiday there, and then take the train northwest; we won't fly."
After hearing his words, Liu Xiaoli considered for a moment and said:
"I'm pregnant now, shouldn't I be staying home to rest and prepare for childbirth?"
"You are pregnant, but you're not in jail, so why can't you go out? We're taking the train to avoid you getting too tired."
When the two talked about these topics, Liu Xiaoli could never win an argument with him, not because Wang Duoyu had a lot of fallacies, but because he was smarter.
Of course, Wang Duoyu himself wasn't wrong; being pregnant doesn't mean you can't do anything. That's not the case.
After a pause, Wang Duoyu suddenly said:
"How about this, from now on, I'll set aside some time each day to read medical books and study this so-called medicine, traditional Chinese medicine, and so on. Maybe I can even treat you patients someday."
"You? Studying medicine? You must be joking!"
Liu Xiaoli's eyes immediately filled with doubt, and she asked incredulously, then shook her head and said, "Forget it. You're a great mathematician, and instead of focusing on your research, you're going to study medicine. That's neglecting your proper profession. If others found out, they'd definitely criticize you."
That makes sense, but will Wang Duoyu listen to it?
What he wants to do, is it anyone else's business?
"That's settled then. Starting tomorrow, I'll set aside some time each day to read medical books. After we return from Xinjiang, I'll find someone to teach me pulse diagnosis and such, hehe."
While Wang Duoyu and Liu Xiaoli were having a quiet bedtime chat, on the other side, in the SH Municipal Government building, Xia Huarong, Zhang Yuebin, and others were already celebrating with great joy.
"We're still being too cautious. We've only invested two hundred million US dollars. Should we add a little more now?"
After the initial excitement, Xia Huarong couldn't help but regret it and slapped her thigh.
Is Shanghai wealthy?
Of course we have money, but we don't have much foreign exchange. However, if we try to scrape together some more, we can manage to raise a little more funds.
At this point, some people hesitated and expressed their opposition. After all, although the agreement for the Plaza Hotel had been released, everyone already knew about it. If they invested now, they probably wouldn't make much money, right?
On the other hand, it's an agreement, but who knows how much the yen will actually appreciate?
At the same time, someone suddenly raised a question: Why was Takeshita Noboru willing to sign such an agreement?
After these words were spoken, everyone fell silent.
Compared to the content of the Plaza Accord itself and the joy brought by the appreciation of the yen, it is equally important to understand why Japan was willing to sign the Plaza Accord.
"Nonsense, do you think they'd dare refuse to sign? You all know what's outside Tokyo Bay."
Zhang Yuebin sneered.
This is one of the important reasons, but it's probably not the most important one.
After a brief discussion, the group discussed Japan's economic structure and model, as well as other factors.
For example, people are afraid of becoming famous, just like pigs are afraid of getting fat.
Japan earns billions of dollars from the United States every year. Even if it were us, let alone the United States, we certainly wouldn't be happy about it.
Since the US happens to have the power to deal with the other side, is it okay for Takeshita to refuse to sign?
"Perhaps we should ask Professor Wang; he might know something."
"Let's ask again tomorrow. If we call now, Professor Wang probably won't answer."
After chatting for a while, someone mentioned consulting Wang Duoyu, but was stopped.
The matter of further increasing investment was brought up again, and then postponed until tomorrow when I call Wang Duoyu to ask about it.
And that was the end of it.
At almost the same time, Yuan Youlan and his colleagues in Guangzhou were also very happy.
After all, they made money, so who wouldn't be happy?
Everyone is very happy, and in this matter, Guangzhou has absolutely won.
With 300 million US dollars in foreign exchange, it's hard to say how much money can be made in the end.
However, it is very difficult for Guangzhou to increase investment further.
Unless we find another way, well, a loan!
Speaking of loans, we have to talk about the time when Yuan Youlan and his team sent someone to Japan.
At that time, Yuexiu Company had not been registered in Hong Kong for long. Several leaders took funds to Japan. After finishing their work, they met with Zheng Baoyin and others from Want Want Group before leaving.
Zheng Baoyin had visited Guangzhou quite often before, so he was quite familiar with the leaders there.
During the meeting, the leaders of Yuexiu Company inquired about the Japanese yen investment.
Zheng Baoyin was honest and briefly explained the loan situation.
The leaders of Yuexiu Company were shocked. They had no idea that finance could be played like this.
However, this method is too astonishing; if it's not handled properly, it could lead to huge losses.
However, Zheng Baoyin had Wang Duoyu behind him, so of course he wasn't afraid.
Previously, Yuan Youlan and his group had staked everything on Yuexiu Company, which directly invested 300 million US dollars in the appreciation of the Japanese yen.
But now it seems that it wasn't decisive enough.
Although loans are not very secure and carry a high risk, it now seems that the appreciation of the yen is a foregone conclusion and there is absolutely no possibility of problems.
Whether or not they continue to increase investment is entirely up to them.
Yuan Youlan and the others couldn't reach a conclusion, so they decided to ask Wang Duoyu instead.
As a result, Wang Duoyu received several phone calls the next day.
After Xia Huarong called, she explained the problem. Wang Duoyu didn't offer any advice, but instead told them to decide for themselves. He wouldn't take responsibility or offer any further suggestions.
As for why Takeshita Noboru was willing to sign the Plaza Accord, the reasons are nothing more than the following.
First, there's Japan's fortress-like industrial structure and the form of these large companies.
As everyone knows, Japan's economy was booming in the 1970s and 80s, but most of its products were sold to the United States, which was Japan's largest buyer.
This industrial structure, as solid as a fortress, blocked the entry of foreign capital, leading to a huge problem: Japan's economy was effectively controlled.
Because Japan only exports goods and does not import them, there is only outflow without circulation, resulting in Japan's unilateral trade.
No matter how sophisticated or affordable Japanese products are, they always face a huge problem, a fatal flaw: what if people simply refuse to buy them?
Why were Japanese products so amazing in the past?
It's all about good quality and low price, but if the yen appreciates, these products won't be so cheap anymore, making Japanese goods suddenly lose their appeal to consumers and thus lose their competitiveness in the market.
This problem is also one of the major hidden dangers left to Japan by its fortified, large corporations.
Takeshita Noboru and his group had certainly considered these issues, which is why they went to such lengths to please James Baker and his group. Even when James Baker and his group made relatively excessive demands, Takeshita Noboru and his group would not refuse.
There is a second reason, which is equally fatal.
Japan has large, fortress-like corporations, such as Toshiba, Toyota, and Sony, which are a real force to be reckoned with, and this is similar to the situation in Europe.
However, due to the extremely close 'friendship' between the United States and Japan, a replica of the fortress-like structure was achieved.
Simply put, the US is the customer, and the customer is king; Japan provides goods to the US, and the US provides the market to Japan.
If the United States stops placing orders with Japan, Japan, having lost its income, will naturally fall into difficulties. So why does Japan insist on accepting the appreciation of the yen instead of seeking markets in developing countries?
The reason is simple: Japanese products are becoming increasingly sophisticated, such as cars, televisions, refrigerators, and air conditioners. These sophisticated products are bound to be less competitive in the low- to mid-range markets of developing countries.
Take, for example, products from companies affiliated with Harbin Institute of Technology such as Diaopai and Huaxin. Why are products like PHS phones and personal computers so successful in the European and American markets, but have little sales in China?
It's simply because developing countries have no market at all. During that period, most people in developing countries were struggling to make ends meet, so how could they possibly afford to buy high-end products like mobile phones and computers?
But why are companies like Diaopai and Huaxin able to break through the competition, while Japanese companies like Toyota, Soning radios, and Toshiba washing machines are not doing so well in Europe?
First, let's briefly talk about Wang Duoyu's cleverness. Look at the products produced by the Harbin Institute of Technology system, such as electric bicycles, PHS phones, memory cards, Powerbook laptops, handheld game consoles, etc. These products all have one thing in common: they are either high-quality and inexpensive or not available on the market.
Take the Pet Egg game console for example. This product is only produced by Dolphin Games worldwide, which is why it sells well globally, and the European market can't resist it either.
The same applies to electric bicycles; how could the global market possibly reject them?
The products that Wang Duoyu creates are not the same as those that have already been saturated and dead, such as cars, air conditioners, washing machines, televisions, and refrigerators. It's not that Wang Duoyu can't create them, but that they are too complicated.
Even with their strong advantage in labor costs, companies affiliated with Harbin Institute of Technology may not be able to compete with Japanese and European companies in this market segment.
Next, let's talk about why Japan can't enter the European market.
Because the corporate structures of Europe and Japan are very similar, practically identical, and large European companies are like fortresses, easy to defend and difficult to attack, Japanese products cannot enter the market.
This ultimately led to a serious stagnation and deadlock in Japan.
If the United States can see that Japan has been making hundreds of billions of dollars every year from the late 1970s to 1985, how could Japan not see it?
So a few years ago, Japan had already wanted to make changes, but found that it was simply impossible.
So why can't Japan change?
This is the most important reason why Takeshita Noboru had to sign the agreement: the die was cast.
Japan's fortress-like giants, such as Toshiba, Sony, and Toyota, have accumulated power over the years, with the old forces constantly controlling the new forces.
Layer upon layer, intricate and complex.
This has created a kind of suppressive effect, where all these giant enterprises are like fortresses, completely connected, with extremely solidified hierarchical relationships, making them virtually impossible to shake.
Takeshita and his ilk wanted to change Japan's economic model and product models, but the result was that the model was too rigid and lacked the flexibility to adapt to market changes.
This is a typical example of how large ships are difficult to turn around.
Why did Wang Duoyu allow companies affiliated with Harbin Institute of Technology to create so many businesses?
That's exactly what I'm worried about happening.
Huaxin Company, Diaopai Company, Dolphin Games and other companies are all independent entities. Even in the early stages of development, Wang Duoyu believed that his development direction was correct, but what about the future?
So from the very beginning, we did it this way, giving these companies relatively independent power and letting them do things themselves.
Modern Japan is essentially a giant that has tied its own hands and feet, making it virtually impossible for it to change its economic development direction or to transform its products.
On the other hand, the old forces constantly oppress the new forces, making it very difficult for any innovative company to rise in Japan, because this will inevitably lead to pressure from various forces.
Since Takeshita Noboru and his group have already rejected the change, they are now forced to demand an appreciation of the yen. Takeshita Noboru and his group know they cannot sign, but they are at the mercy of others and have no choice but to sign.
The above two points are the most important reasons.
After listening, Xia Huarong couldn't help but praise him repeatedly.
Because Wang Duoyu really hit the nail on the head, he had a very thorough understanding of the Japanese economy.
Now that Xia Huarong knew these two points, she understood Wang Duoyu's meaning.
Then add more bets.
Because the appreciation of the yen will certainly not stop, and European and American countries are greedy, they will not let go of Takeshita Noboru and his people if they don't get the biggest piece of the pie.
Given this situation, it shouldn't be a problem for Xia Huarong and his group to increase their bets, try to get a share of the profits, and pick up some scraps, right?
The foreign exchange market is huge, and anyone can get a piece of the pie, but whether you become a slicer or a sliced piece depends on your own abilities.
After hanging up the phone, Wang Duoyu remained silent for a while. Before he could react, the phone rang again.
He had no choice but to answer the phone, because if he didn't, Yuan Youlan and the others would still find him through other means, or even come directly to Harbin Institute of Technology to confront him.
Since that was the case, when Wang Duoyu was on the phone with Yuan Youlan, he decided to immediately turn on signal jamming after hanging up, then unplug the phone line and prepare to head to Beijing.
If he stays at Harbin Institute of Technology, he might not be able to settle down. It would be better for him to go to Beijing, finish his work, and then head straight to the Northwest.
After all, the next big news will be about the appreciation of the yen, making it almost impossible for him to live a peaceful life.
Therefore, it's better to just run away than to be disturbed.
In any case, they only need to hold their funds until the end of the year, or at the beginning of the year, when the appreciation of the yen will inevitably reach its peak.
They can sell it off then, so there's no need to keep chasing him to ask what to do next.
Once the call is disconnected, no one else can call in.
Wang Duoyu began packing his luggage, bringing a lot of draft paper, pens, and other items, because he wanted to go out for a walk to clear his head and also to study the problem of the functor conjecture.
There are plenty of draft papers stored in the office so that he can access them at any time.
When Wang Duoyu brought out a box of manuscript paper, Yuan Zuliang and the others were stunned. What was going on?
"Old Yuan, help me move my things, and you guys pack your things too. We'll be away for a while, maybe two months, maybe three months, so you need to be prepared."
Upon hearing Wang Duoyu's words, Yuan Zuliang didn't ask any further questions and simply nodded in agreement.
More than ten minutes later, Wang Duoyu returned to the villa area, where Liu Xiaoli was still on the phone.
Seeing him return, Liu Xiaoli waved happily and was about to let him answer the phone when Wang Duoyu 'accidentally' hung up.
Why did you hang up the phone?
"It was an accident. Let's not talk about it. Pack your things, we're going to the capital."
"Now? Didn't we say we'd go to Beijing at the end of the month? Why the rush? Besides, we've only just gotten back a short while ago, haven't we?"
"Never mind that for now, you pack your things first. I need to go to the library to get a few more medical books."
After saying that, Wang Duoyu left in a hurry.
His son was still chasing after him, shouting, "Are you really going to the airport to catch a plane?"
(End of this chapter)
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