The Great Sage Returns from Ten Years of Imprisonment

The speech continued, and so did the impact of the Chinese delegation.

At this time, the international financial market was shrouded in gloom and hardship.

Just over half an hour after the market opened, the major US stock indexes had already fallen by more than 2%, showing no resistance whatsoever.

Dragged down by the sharp decline in the US stock market, European stock markets, as well as international crude oil futures markets and commodity trading markets, are all experiencing accelerated declines during trading hours.

As time went on, panic spread rapidly, and many people with weak willpower or insufficient financial resources sold off their stocks and other financial assets in an attempt to minimize their losses.

However, many insightful people are keeping a close eye on the trends in the international financial market and the ongoing global financial summit, hoping for a miracle.

To be more precise, they were expecting the Chinese delegation to come up with truly effective measures to rescue the market and turn the tide!

Fortunately, their expectations were not disappointed.

At 10:15, the Chinese delegation's speech was coming to an end and had reached its climax.

The person giving a speech on stage smiled and turned to look at Ling Yun.

He then turned back to look at all the attendees with a smile, and changed the subject.

"Our efforts to unite with other participating countries to overcome these difficult times and rescue the international financial markets and the global economy from crisis are not just empty words; we have very concrete measures in place to save the market."

"Next, I will formally announce a series of market rescue measures formulated by our side, demonstrating our position and determination to work with countries around the world to overcome difficulties and build a fair and just new order."

"First and foremost, we publicly pledge that we will not engage in competitive currency devaluation, and will do our utmost to stabilize the RMB exchange rate. While ensuring our own interests, we will work with other countries to stabilize the exchange rate market."

"Secondly, we publicly pledge our willingness to actively participate in the World Bank's trade finance program to support global trade, rather than practicing trade protectionism. Of course, we demand a greater voice within the World Bank."

"Thirdly, we have formulated a four trillion yuan stimulus plan to expand domestic demand, ensure stable and rapid economic development, and contribute to the world economy..."

Unsurprisingly, the moment the phrase "four trillion yuan stimulus plan" was uttered, it immediately ignited the entire venue.

Everyone was shocked, their eyes widening in disbelief as they looked at the person standing behind the podium!

After a brief moment of shock, the venue erupted in a burst of excited chatter.

"My God! A four trillion yuan bailout plan! China's spending power is incredible! The financial market is saved!"

"That's right. The vast majority of China's four trillion yuan will be used for infrastructure investment, and the related investment scale it drives will be at least twenty trillion yuan, and the output will inevitably be even more astonishing."

"I heard this morning that China made it clear in several bilateral talks last night that it wanted to become a global demand anchor. Now it seems they're serious!"

"Great! The multiplier effect of this 4 trillion yuan infrastructure investment will be enormous. We won't have to worry about finding buyers for our iron ore and other minerals."

Apart from the many members of the Chinese delegation, all other attendees engaged in lively discussion.

The delegations from emerging market countries, and those from countries with abundant mines and resources, were particularly excited and beaming with pride.

In their excitement, they both remembered something.

That is the demand that China has just put forward, requesting increased say for emerging market countries in the IMF and World Bank, as well as in the entire international financial market.

With this four trillion yuan bailout plan as a foundation, now is the perfect time to overthrow the old international financial order and rebuild a new one!

To miss such a golden opportunity would be the height of stupidity, making one utterly unworthy of such a top-tier political stage.

Thinking of this, the eyes of many heads of state from emerging market countries, including the Russian president, immediately turned a little red.

Many Wall Street financial tycoons present at the event were also astonished by China's extravagant spending.

"I had received some news before, but I never expected the Chinese government to be so generous and willing to spend so much!"

"This investment of four trillion yuan will definitely drive the entire international financial market to bottom out and rebound, accelerating the recovery from this terrible financial crisis."

Cox let out a soft exclamation of admiration.

Shortly after, Buffett also made a few remarks.

"Given the efficiency of the Chinese government, the effect of their four trillion yuan bailout plan is estimated to far exceed that of our seven hundred billion US dollar bailout plan."

"Moreover, their timing was impeccable. It's clear that the Chinese delegation has grand ambitions. We're hosting this financial summit, yet they've become the biggest protagonists..."

Upon hearing his words, Bernanke, Cox, and the others blushed, their eyes showing a hint of resentment.

As they were talking, Lloyd's phone suddenly vibrated a few times.

He immediately took out his phone and opened it to check the text message he had just received.

Then, he said excitedly in a low voice:

"Good news, gentlemen: the US and European stock markets have finally stopped falling and rebounded, and it's a deep V-shaped reversal. The same is true for the international crude oil futures market, the commodity trading market, as well as the foreign exchange and bond markets."

"Just as we predicted, China's proposed four trillion yuan stimulus package has given the entire international financial market a strong boost, rekindling hope, which is why we saw this deep V-shaped reversal."

"call!"

The other financial tycoons breathed a sigh of relief, instantly relaxed, and then beamed with joy.

The next moment, Cox suddenly turned to look at Lloyd and whispered a few words of advice with a serious expression.

"Laurde, I know that Goldman Sachs is keeping a close eye on that amazing young man doing simultaneous interpretation on stage, and is even preparing to use some means to get back at him. Now is probably not a good time. I advise you to be cautious."

"With China withdrawing from this four trillion yuan stimulus package, the hope of resolving this damned financial crisis as soon as possible has greatly increased. At this critical juncture, it's best not to create any further complications!"

"Based on my speculation, this amazing kid may have played a part in the development of China's market rescue plan. If you deal with him and cause serious consequences, this market rescue plan may still be aborted, which is not in everyone's interest."

"That's why I'm reminding Goldman Sachs not to rush into causing trouble for this kid, lest it harm everyone's interests. We call the shots in the international financial markets; you can always find another time to get your revenge..."

The other bigwigs quickly exchanged glances and nodded in agreement.

"That's right, I think so too. The most important task at this stage is to save the international financial markets. We can talk about revenge later."

"We really can't touch this kid now, at least not openly. If China withdraws its bailout plan because of this, then we'll be in trouble."

"I agree. No matter how amazing this kid is, he still has to operate in the international financial market. As long as he doesn't leave the market, taking him down will be a piece of cake. Why rush things?"

After listening to the reminders from the several bigwigs around him, Lold fell silent.

His eyes remained fixed on Ling Yun, who was radiant and full of energy on the stage, and he felt an itch in his teeth!