I'm in the county town, and you say I'm a big shot?

Chapter 261 RMB Appreciation? Depreciation?
"The business has just started, so perhaps the promotional efforts aren't strong enough, and clients aren't very interested in this project," Xia He explained.

"I don't think so." Fang Qingye shook his head: "The main problem is that your bank operates on a real-money basis and doesn't allow the use of leverage. What's the point? People might as well speculate on stocks and futures."

"Yes, but it's a national regulation, and there's nothing we can do about it. So we go and take on tasks. My two best friends, Tian Qian and Lin Yajing, also opened foreign exchange trading accounts at our bank and each deposited 300 million."

“Then I’ll open an account at your bank, deposit 5000 million to enable foreign exchange trading, which will also help you boost your performance. I’ve mentioned this to you before,” Fang Qingye said.

"Huh? 5000 million? That's too much. Don't flaunt your wealth. 1000 million is enough," Xia He quickly said.

"Okay, I'll give you the account and password later, and you can operate it. That won't be against the rules, right?" Fang Qingye said with a smile.

Xia He glanced at him. "What? Testing my skills?"

"That's really the idea. Starting with a small amount of capital allows for large-scale, leveraged speculation in the future, which is a safer approach. Xia He, the revolution is not yet complete, comrades still need to work hard!"

As she spoke, Fang Qingye jokingly patted Xia He on the shoulder.

Xia He had heard Fang Qingye mention before that she should quit her job to help her trade foreign exchange, but she had no plans to quit at the moment.

"Okay, let's not talk about that. Let's talk about our plans for tomorrow," Xia He changed the subject.

“I know, I sleep in late in the morning, go shopping at noon, play badminton in the evening, and then go to sleep,” Fang Qingye replied with a smile.

"Pah! All you do is sleep! Come running with me this morning! And at noon, how about we go to my best friend Lin Yajing's teahouse? I haven't seen her in ages."

“Sure, drinking tea is definitely better than shopping,” Fang Qingye said with a smile.

The next morning, although Xia He was determined to get Fang Qingye up early to go for a run, they had both been up all night and couldn't get up until 11 a.m., so they decided to have breakfast and lunch together.

Xia He cooked again, and after the two finished eating, they went downstairs.

Today, Xia He wore a knitted top and a linen long skirt, which made her look several years younger. Instead of driving, she sat in Fang Qingye's Mercedes and drove straight towards Xuanwu Lake.

"Tian Qian is coming too," Xia He said, sitting in the passenger seat.

"Oh, what kind of business does Tian Qian's husband do?" Fang Qingye thought of this woman with a foxy face and had heard Xia He mention that her husband was in business, so she asked casually.

"I'm in foreign trade, importing and exporting electronic products, chips, and the like," Xia He replied.

"Aren't some of these supplies under state control?" Fang Qingye asked again.

"Yes, her husband's company is not just a foreign trade company; it has cooperation with relevant government departments. But don't ask for details."

"Oh? I didn't realize your best friend's husband had such a mysterious family background."

"It's not exactly mysterious, but her husband's father, who is Tian Qian's father-in-law, worked in the government and has now retired. Her husband is a second-generation official, and he has some connections in the officialdom, especially in foreign trade and exports."

"Oh"

"Actually, both of my best friends come from very impressive families. As I just mentioned, Tian Qian's father runs a tea business. In addition to his own tea garden in Huanglongxian, Huijing, he also has tea gardens in Hangzhou and Wuxi. The scale of his business is quite large."

"She opened a teahouse by Xuanwu Lake purely out of personal preference." Xia He sighed at this point, "Actually, I'm the most ordinary one among them."

“You’re no ordinary person either. You have me by your side. If we’re just talking about assets, yours are no less than your two best friends’ families,” Fang Qingye said.

Xia He smiled sweetly, then suddenly remembered something, turned her head to look out the window and sighed softly.

They drove to Xuanwu Lake, parked the car in a nearby parking lot, and headed towards Lin Yaqing's Sunny Window Cottage. Inside, they saw Lin Yaqing standing behind the bar, smiling and greeting them, "You're here? Go to that room, Tian Qian is there."

Fang Qingye followed Xia He into a tea room and saw Tian Qian sitting inside, drinking tea and looking at the scenery outside with a bored expression.

She was wearing a white sleeveless T-shirt, and on her rounded arm was a jade bracelet, crystal clear, warm and elegant, clearly worth a lot of money.

Seeing Fang Qingye and Xia He come in, she immediately became happy: "You're finally here. Wow, Xia He, you look so beautiful today."

"What's so pretty about it? It's like this every day." Xia He was already used to her best friend's exaggerated reactions and sat in the seat opposite her.

Fang Qingye nodded to Tian Qian as a greeting and sat down next to Xia He.

"Isn't that right? It's because Fang Qingye is here." Tian Qian's tone was slightly ambiguous.

Xia He glared at her fiercely, while Tian Qian chuckled and didn't say anything more.

She then looked at Fang Qingye and said, "Handsome, what have you been up to in Nanxin lately? You haven't come to Huijing."

"I haven't been busy with anything. I'm just developing Nanxin Lake in our county with a friend," Fang Qingye said truthfully.

"They've entered the real estate market?"

"That's it."

"That's good. In the county town, apart from real estate, there aren't many profitable projects, except for contracting some projects."

Fang Qingye nodded; what Tian Qian said was indeed true.

At this moment, Lin Yaqing pushed open the door and came in, holding a teapot and tea leaves. She smiled at Fang Qingye and said, "Qingye, I heard from Xia He that you like to drink Da Hong Pao tea. I'll brew you a new pot."

"Ya Jing, you're so biased! When Fang Qingye comes, you make him tea separately, but when I come, I still drink the Longjing tea you drink!" Tian Qian protested.

“You don’t know anything about tea, so it doesn’t matter what you drink,” Lin Yajing replied, sitting down next to Tian Qian and taking out tea leaves to brew tea.

It must be said that Lin Yajing's technique was skillful, and the tea leaves were top-grade Da Hong Pao. The brewed tea had a rich aroma, a delicate taste, and was very pleasant to drink.

Xia He chatted with her two best friends about everyday things, like food and clothes, while Fang Qingye quietly sipped her tea, not feeling particularly bored.

Just then, Tian Qian suddenly said, "Xia He, do you think the RMB will appreciate or depreciate against the US dollar?"

"Why are you suddenly thinking about operating your trading account again? You haven't done anything in a long time, have you?" Xia He asked.

"Hehe, I was just helping you boost your sales figures, it was just a joke." Tian Qian smiled: "It's my husband's business."

"Did your husband's company recently land a large foreign trade order?"

"Yes, I heard that a batch of electronic products is to be exported, worth about two hundred million US dollars. The two parties have initially agreed to settle the payment upon delivery. However, it is estimated that it will take another month and a half before delivery. This will require taking into account the exchange rate of RMB to USD, which will necessitate forward foreign exchange transactions."

Exchange rate fluctuations are a crucial factor to consider when doing foreign trade, so it's understandable that Tian Qian's husband is taking this very seriously.

Xia He immediately replied, "The RMB exchange rate against the US dollar has been very stable recently. However, to be on the safe side, we should still do forward foreign exchange transactions."

Fang Qingye, who had been silent until now, suddenly said, "Actually, I suggest your husband discuss it with the other party again. Instead of cash on delivery, it's best to change it to cash on delivery and settle the payment as soon as possible."

(End of this chapter)