The Great Sage Returns from Ten Years of Imprisonment

Chapter 393 Those who are not of our kind will surely have different hearts.

The bilateral talks between China and Russia concluded successfully after about half an hour.

Through this meeting, both sides reached a series of consensuses and laid the groundwork for the financial summit to be held tomorrow.

After the talks concluded, representatives from both sides rose to their feet, shook hands, and said goodbye.

This polite farewell was originally none of Ling Yun's business, as a professional financial translator.

However, he couldn't resist the fact that the secret service president on the other side was actively seeking him out!

After shaking hands with several SZs, the Russian strongman smiled and stepped forward, extending his right hand to Ling Yun.

"Mr. Lingyun, your performance tonight was outstanding. Your translation demonstrates that you are an exceptional financial expert, truly a super investment genius."

"Like many countries, our country has been severely impacted by this financial crisis, especially the stock market, which has now suffered the largest decline globally, resulting in heavy losses."

"I'd like to take this opportunity to ask if you have any good solutions to the crisis facing our country's financial market. I'd love to hear your insights!"

Ling Yun politely shook hands with the special agent president, but inwardly he was cursing him out.

Asking me to give advice on the Russian economy? Aren't you giving me a bit too much credit?

You guessed right, I do have a way to alleviate, or even partially resolve, the financial crisis facing the Russian financial market, but why should I tell you?

Those who are not of our kind will surely have different hearts. I understand this principle better than anyone!

These were all Ling Yun's inner thoughts; what came out of his mouth was naturally a different set of words.

"Thank you for your praise, Mr. President. I am unworthy of it. My investment record is far from that of an investment genius."

"I'm very sorry, but I have very little research on the Russian financial market and cannot offer any effective advice. I hope you can understand."

Upon hearing his response, a look of disappointment flashed across the eyes of the Secret Service agents, the president, and others.

But this answer was exactly what the Secret Service president had expected, and he was not disappointed.

He understood that, given Ling Yun's current status, he absolutely could not make decisions on his own and offer advice to any country, including Russia, without permission.

If he dares to do that, it's not as simple as making a mistake.

"I apologize for my intrusion, Mr. Ling. Once again, it was a pleasure to meet you. Goodnight."

The Secret Service agent nodded with a smile.

Then he bid farewell to the Chinese delegation and left the meeting room with the Russian delegation.

The Chinese delegation saw them off at the door, shook hands with them again to say goodbye, and then returned to the meeting room.

Two more bilateral talks will be held in this conference room.

The other two delegations participating in the talks were from the United Kingdom and Brazil.

Back in the conference room, Vice President Wang smiled and patted Ling Yun on the shoulder, whispering with admiration:

"You did a great job just now, Xiao Ling. You know how to be sensible and know when to advance and retreat. In this kind of situation, it's necessary to know when to keep a low profile."

"Now tell me your analysis of the Russian financial market. I'm sure you have some effective solutions."

As he said this, the other SZs laughed and all looked at Ling Yun.

Ling Yun did not respond immediately, but pretended to think for a few seconds before saying in a low voice:

"Since SZ asked, I'll venture to say that Russia could address the crisis facing its financial markets from the following angles, which might be somewhat effective."

"The first and foremost point is to immediately take steps to stop capital flight and prevent the hundreds of billions of dollars in foreign exchange reserves from being burned up."

"Let the ruble depreciate in an orderly manner, proactively release pressure, turn passivity into initiative, stop focusing solely on the dollar, and reduce passive fluctuations."

"In a stock market that is in a continuous crash, measures such as the national team providing support and restricting short selling can be adopted to stabilize the fundamentals..."

Sure enough!

This kid really does have a solution to the Russian financial market crisis, and he explains it very well, with great insight!

Several SZs whispered among themselves, their eyes full of admiration as they looked at Ling Yun.

About ten minutes later, the British delegation entered the meeting room, ready to begin bilateral talks with the Chinese side.

Upon entering the meeting room, the British Chancellor of the Exchequer immediately looked at Ling Yun, his eyes showing even more apprehension.

Even the British Prime Minister seemed to glance at Ling Yun a couple of times, almost unintentionally.

Clearly, these British guys had their eyes on him.

But they also understand that now is not the time to settle scores, nor is it the time to single out the Barclays Bank betting debt and negotiate it with the Chinese side.

After shaking hands and exchanging greetings, the representatives from both sides sat down on either side of the conference table to formally begin bilateral talks.

This meeting with the British delegation was to negotiate and reach a consensus.

At the Global Financial Summit, which officially opens tomorrow, participants will jointly advocate for global coordinated market rescue and promote the reshaping of a fair, just, orderly, healthy, and inclusive international financial system.

In order to gain China's support, and more importantly, to get out of the quagmire of the financial crisis as soon as possible, the British delegation nodded in agreement.

At tomorrow's summit, they will publicly express their support for China's proposals to expand the voting rights and representation of emerging markets and developing countries in the IMF and World Bank, and to break the long-standing monopoly of Europe and the United States on the formulation of international financial rules.

The bilateral talks went very smoothly, with both sides reaching a series of consensuses and preliminary agreements on many areas of cooperation.

As the talks concluded and the two sides shook hands in farewell, the British Chancellor of the Exchequer and the Governor of the Bank of England looked at Ling Yun, seemingly wanting to say something but then stopping themselves.

In the end, he did not approach Ling Yun directly, but left the meeting room with the British Prime Minister.

Next to enter the conference room was the Brazilian delegation!

Around 11:30 p.m., the delegation finally returned to their hotel.

Upon entering the floor where the delegation was staying, SZ convened a small meeting in his suite to briefly summarize the events of the evening.

He expressed particular appreciation for the series of achievements made in the three bilateral talks tonight.

During his speech, he mentioned Ling Yun's name more than once, praising his outstanding performance.

As the event drew to a close, he asked Ling Yun again about the current trends in the international financial market and the potential impact on the financial summit the following day.

On his way back to the hotel from the White House, Ling Yun quickly grasped the situation of the international financial market through the introduction of relevant staff from the State Council.

Now, when SZ asks him a question, he responds immediately.

"Report to SZ: The downward trend in the Asia-Pacific financial markets continues, with several major stock markets falling by more than 3%, somewhat reminiscent of Black Friday."

"It's a foregone conclusion that European stock markets, which open later, will fall immediately upon opening. I estimate that the decline in European stock markets will not be less than -2%."

"Other markets, such as international crude oil futures markets, commodity trading markets, foreign exchange markets, and bond markets, are all experiencing a comprehensive decline, while only the gold market is bucking the trend and rising."

"If this trend continues, a sharp drop at the opening of the US stock market tomorrow morning (Eastern Time) is inevitable. Unless a major market-rescue measure is implemented, this situation will be difficult to change."

"This is the golden opportunity I mentioned before, and with the official opening of the financial summit, we must seize the moment and announce our market rescue plan at the right time."

"Once our country's bailout plan is announced, it will solidify our status as a global demand anchor, and the downward trend in international financial markets will inevitably reverse."

"As long as the US stock market achieves a deep V-shaped reversal, even if it's just a halt to the decline and stabilization, coupled with other measures, we can easily gain more say at the financial summit..."

The SZs quickly exchanged glances, and bright smiles simultaneously appeared on their faces.

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