Chapter 353 Samba Tornado

However, in the midst of the singing and dancing, the women around Yang Xing had new ideas. Before the Spring Festival was over, Wang Yiren and Guo Ying found him and asked him to study and recharge at Harvard Business School in the United States. They had applied for it for a long time. After they donated millions of dollars to Harvard, they finally passed the application and were about to enter the school, which caught Yang Xing off guard.

The two of them have long been thinking about studying and charging, increasing their knowledge and improving their work level. As the group's industry expands, as the top leaders of the group, they are increasingly aware of the limitations of their own capabilities and are difficult to control the increasingly international and professional group affairs. Zhongxing International now urgently needs an efficient management team and leadership. In order to avoid the company's rapid expansion and organizational chaos, resulting in reduced efficiency and even the risk of company bankruptcy, Wang Yiren believes that introducing international talents and improving the quality of the company's own management personnel is the top priority. She and Guo Ying go to the United States together to set an example.

Of course Yang Xing agreed with their thoughts, but they left immediately. The newly recruited CEO's secretary-general staff had just finished training and it was difficult to take the blame. Even if Wen Tian and Tan Li could take it for a while, many of the company's specific business affairs still had to take action by Yang Xing himself, and he could not be as free as he used to be a hand-off manager.

After the holiday, Yang Xing had to obediently come to the Hong Kong President's Office, which he hadn't been to for a long time to handle official duties. Although he was accompanied by the 180-degree invincible sea view behind him, he didn't have the chance to take a look. The work left by Wang Yiren and the others to him was really piled up, and his hands and feet were sore and weak. He secretly stumbled on his tongue. Now the company's business has developed so much? Seeing his frowning face, Tan Li couldn't help but joke: "No wonder Sister Wang and Sister Guo just went to the United States during the Spring Festival. It turned out that they were afraid that they would just throw the mess to you in the face of so many backlogs of documents!" Yang Xing looked at her gloating and asked her angrily: "You are still talking sarcastic. Don't you like to study the most? Why don't you go with them this time?"

Wen Tian smiled and brought him a cup of cappuccino with pleasant aroma, put his hands on his neck, and gently massaged his swelling temples, "We are not going to study to help you. Sister Wang and Sister Guo want to keep up with you and don't be pulled too far away by you. But there are many strong women around you. Tan Li and I don't have that high spirit. I just want to be a dodder flower, tightly wrapped around you, be happy because of you, relieve your worries, and be a simple woman." Listening to her sincere confidant, smelling the fragrance of orchids and musk on her body, Yang Xing quietly leaned on her amazingly elastic belly, enjoying the true and beautiful time.

But the gentle village is destined not to last long. While he was struggling to fight a lot of documents while enjoying the romance of "Green Xiao Talk Network", Jiao Bailing who suddenly rushed in was startled the three of them. The usually serious woman pretended not to see Yang Xing hurriedly pulled out the salty wet hands that were put into Wen Tian's skirt and Tan Li's chest, and couldn't help but shouted: "Good news, the governor of the Brazilian Central Bank announced his resignation. The exact news I got from Brazil that Brazil will give up the connection exchange rate that nailed the US dollar tomorrow, and the Brazilian real will definitely depreciate!"

Although the good thing was interrupted, the news she brought was indeed important. Yang Xing didn't care about scolding her for rushing in without knocking on the door. He immediately put down his work and connected Qian Yiming, who was waiting for the rabbit in Sao Paulo, Brazil, to prepare for a new currency war. No wonder Jiao Bailing was excited. In order to allow her to take the lead in Brazil's financial crisis as soon as possible, Yang Xing was responsible for the entire tracking process. Now, after several months of waiting, he finally had a chance to win, so no wonder she was excited.

This time, Brazil's currency depreciation was still affected by the aftermath of the Asian financial storm. Compared with the scale of the Asian financial storm, Brazil's financial crisis, known as the "Samba Tornado", is much smaller. Yang Xing can't even remember its specific outbreak time. However, after the Russian storm, he vaguely remembers that after the Asian financial storm expanded to the world, in addition to Russia, there were a lot of unlucky countries involved, among which Brazil's crisis was a relatively large case.

The financial storm that originated in Asia has actually surpassed Asia. After more than a year of raging, it has long affected the financial system of the world. European and American countries, which have been standing by, have discovered that they will become the next one of the entire dominoes since Russia fell last year. If you want to be pulled into the water, you can only work together to save the disaster. Therefore, the Brazilian financial crisis has come and go in a hurry, and it is normal that Yang Xing was not impressed in his previous life.

Since Yang Xing took advantage of the opportunity to soar in this life with his rebirth, he certainly racked his brains to maximize the benefits brought by the storm. Since he still remembers that something might happen in Brazil, he sent his subordinates to Brazil to learn about the situation when Russia took action. Since he swallowed Shanyi Securities and founded a multinational banking network last year, Xingfu Investment Group has jumped to the top financial consortiums in Asia. Since the boss pointed out the direction, the rest are naturally the financial experts under his command to find Brazil's flaws.

Although now, with Xingfu Investment's ability, working alone can turn the Brazilian currency real upside down, as a business partner who has a happy cooperation in the Asian financial crisis, Yang Xing still brought Qian Yiming to act together. As a "profit-seeking animal", Qian Yiming ran to Brazil without even having Christmas, and completely left the local bright sunny beach and bikini mixed-race beauty behind her, hid in the hotel and cast a net. Now he is sending a signal that he can close the net.

The two chatted about the current situation in Brazil through satellite video. Since October 1998, due to the continuous impact of the Asian financial crisis and the Russian financial crisis, Brazil's stock market and foreign exchange market have experienced many turmoil. Financial turmoil has caused a large outflow of Brazil's funds. The large outflow of funds has led to a sharp decline in Brazil's foreign exchange reserves, and the pressure of currency depreciation has become increasingly greater. This chain reaction is very similar to the precursor of Thailand's collapse. In this case, Imf took the initiative to contact Brazil, hoping to provide funds to stabilize the Brazilian financial market and build a breakwater first.

But Imf's prescription has always been bitter. During the Asian financial crisis, it prescribed to Thailand, Indonesia, South Korea and other countries, and the consequences of the prescriptions made Brazilians frightened. This time its requirements are similar, such as reducing government spending a large amount, abandoning the establishment of foreign investment supervision, etc. These conditions are tantamount to humiliation for many sovereign countries. The Brazilian people, as the largest economy in South America, intend to regard themselves as the leader of South America, and are very dissatisfied with this. After discussion, the Brazilian parliament rejected the proposal to accept Imf's aid!

This is like adding fuel to the fire. It is a godsend opportunity for speculators around the world. They are ready to join forces to attack Real again. Although they suffered a great loss in Hong Kong and Russia, international hedge funds will never give up any opportunities, and they also want to take this opportunity to make up their previous losses. For a time, various rumors that were not conducive to the Brazilian government were flying everywhere. There were rumors in the market that real would depreciate sharply. The Brazilian stock market suddenly fell sharply, and the stock markets of South American countries fell sharply. Investors from all over the world were in panic and felt that the Asian financial storm was about to take place in Brazil.

In order not to make the "Samba whirlwind" happen, Imf forcibly injected US$18.1 billion into Brazil on December 2, 1998, and finally stabilized the Brazilian market temporarily. However, the Brazilian government was not understanding Imf's "good intention". Just after the New Year, a Brazilian state made a request to delay the payment of federal debts. Brazil is a federal country, and the governor has great power and can borrow from the outside world. This was originally a small matter, but it panicked the investors of the Frightened Bird. You should know that the entire Brazilian government and federal states combined have US$90 billion of government bonds that will soon expire, and Brazil's foreign exchange reserves are only about US$40 billion. After a little comparison, investors found that this was very similar to the situation when the Russian government refused to repay the debt. There is no way for everyone to escape together!

For Yang Xing, Brazil's economic scale is destined to be unable to compare with the scale of the financial battle between Hong Kong and Russia. But no matter how small the mosquito legs are, it still has meat. On the battlefields of Hong Kong and Russia, Yang Xing cannot be a dealer, cannot influence the changes in the entire market, and can only go with the flow. But now the scale of Brazil's battlefield is much smaller, and it can turn around by mobilizing tens of billions of dollars. Yang Xing has no problem finding banks and investment institutions internationally with his previous record. Even the three major investment funds that have successfully defeated international speculators are ready to take advantage of Brazil's opportunities. Although they cannot participate in directly attacking the exchange rates of other governments on the surface, the curve entrusted Yang Xing to direct the action, and they will never recommend the generous rewards they receive.

At the 1998 annual meeting of Zhongxing International, Yang Xing and his subordinates mobilized 10 billion US dollars to bet on Brazil from China, Hong Kong, Southeast Asia and other places, buying futures depreciated reals, and betting on stock markets in South American countries that followed the sharp drop in futures. The news today certainly made the group headquarters cheer and initially estimated that the "Samba Tornado" could make the company earn at least one billion US dollars. Although the profits of the billions in the Asian financial storm were less, it was still a good start for the company in 1999. But for Yang Xing, this allowed him to enjoy sweet troubles again. The company is now overcapacity and needs to find more suitable investment projects.

This problem is not a problem for Yang Xing's subordinates. Who would think that the money is too much? The leaders of the company know that the company has made a lot of money and their minds are active. You want to build a steel factory, I want to build a 10,000-ton giant ship, he wants to develop fuel cells, etc. Most of the documents on Yang Xing's desk are related to these. If Wen Tian jokes that these things can be realized, it will ensure that Zhongxing Group's scale can surpass General Motors to catch up with Microsoft, not far from the world's largest company!
Chapter completed!