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Chapter 731 Behind the scenes

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    "Last night, five more large ships entered Pudong from the Yangtze River Estuary, all loaded with white rice"

    "The boss of Hutchison ran away. He originally wanted to stock up on goods, but who would have thought that the country was so determined that it destroyed his company and he couldn't stay in Hong Kong anymore"

    There are stories like this circulating everywhere. When Zhang Hanqing travels, he can also play two originally unrelated strings, reaching Shanghai in the north and Hong Kong in the south.

    ¡°The British cannot be left to their own devices, and the general strike in the province and Hong Kong has become even more intense.  Under the pressure of the fact that the People's Army dared to shoot at foreigners, coupled with the powerful organization of the People's Party's Guangdong Provincial Headquarters, the armed escort of the Guangzhou Military Region, the Guangdong Armed Police Force, and the Guangdong Police Department, the British did not dare to act like this again.  The "May 30" incident was also handled in a bloody manner.

    The striking workers chanted slogans such as "British people, get out of Hong Kong" and raised the banner of "Regain the sovereignty of Hong Kong", which shocked the country at home and abroad, and also shocked the UK.

    Affected by this, the Shanghai stock market fell by more than 20% for three consecutive days. Major listed companies suffered heavy losses, especially national capital whose economic strength was insufficient. Because the economic strength was weak, it was simply unable to support it for a long time. Various industries  There were depressions and bankruptcies.

    At the same time, Bank of China, Bank of Communications, Agricultural Bank of China, Industrial and Commercial Bank of China, China Construction Bank, etc., which had just established their ports, encountered severe bank runs.  Originally, the HSBC Bank and Standard Chartered Bank, which were also the sponsoring banks, wanted to forcibly withdraw from the financial market at the expense of losses below the issue price.

    Many people in the business community are panicking. Some are preparing to go to Hong Kong and Taiwan, and some even hope to receive direct blessing from the European and American powers.  They believe that this massive anti-imperialist movement in China has greatly impacted the confidence of the capital market and the trust of major powers in China.

    They believe that if it is allowed to develop, not only will the newly reborn Fengcheng government be politically isolated from the world again, but economic collapse is also not impossible.

    Zhang Hanqing and the top leaders of the People's Party regard all this as a serious struggle to get rid of the enslavement of imperialist control, strive for the independent status of the Republic of China, and demonstrate national dignity and strength.  He is all too familiar with the tactics used by the imperialists, which are nothing more than economic monopoly, monopoly that cannot be achieved through military means, monopoly on high prices and monopoly on low prices.

    Fighting them requires determination, financial resources, the support of the country and the trust of the people - but it is also as he wished: it will be a matter of time to compete with the British, Japanese and other imperialists, so use this to practice first  Training is also good.

    They don¡¯t know the financial strength of the Feng clan, nor have they experienced the run on the banking industry in Wuhan or the huge financial deficit caused by the Japanese in Northeast China.  The People's Government has experienced such a big thing, passed it safely, and made its opponents surrender. How can a small place like Shanghai be ignored?  Many times, confidence is backed by strength.

    An interesting story also happened during this period: Deng Junxiang, a Chinese accountant at the HSBC Bank in Beijing, used bank money to make public bonds and lost 3 million, and asked someone to ask Zhang Zuolin to help him escape.  But Zhang Zuolin laughed and said to the person he was entrusted with: "Foreigners have always defrauded Chinese people of money. Your friend can defraud foreigners of money and the amount is not small. He is a good boy and has courage! Ask him to live in your house temporarily.  Come on, I'll send two brothers to your house right away to stand guard!"

    True to his word, Zhang Zuolin really arranged for people to protect Deng around the clock.  HSBC is the vanguard of Britain's economic struggle against China. If there is a chance to give it a beating, Zhang Zuolin will definitely not begrudge manpower.  Naiko battled wits and courage with the British in Shanghai. As a father and head of state, he could only support him in this way.

    However, although the Feng clique has controlled the central power, the influence of the warlord forces and local powerful factions that have been formed for a long time in various places is still huge.  Taking Shanghai as an example, due to the concentration of concessions from various countries, large and small underworld forces and agents supported by foreign countries - comprador forces are mixed among the three religions and nine streams.

    The famous private capitalist group in the Yangtze River Delta, the Shanghai Chamber of Commerce, was wary of the central government at first. It has basically not returned to its original purpose. To a large extent, it has stayed away from the central government's various public ownership economic policies.  , and sometimes even resist, but have to hide due to the authority of national power.

    Once there is an opportunity, there is no guarantee that it will not have a shocking impact on the Chinese economy.  These forces dare not take action when the country is strong, and they will hide in the market; once the People's Party's regime is unstable, or the international situation is unfavorable to China, these forces will take advantage of the opportunity to rise up and affect the People's Party.  the basis of governance.

    The People¡¯s Party¡¯s regime is new and has a weak foundation. If we don¡¯t use this opportunity to shock them, it will be difficult for them to fully agree with their future economic policies.  In Zhang Hanqing's words, this is a "good opportunity to cleanse the hidden power of the enemy!"

      So he cast a very large net, and even though he had already caught some soldiers and generals, he still refused to close the net, waiting for the final sharp blow.  Unless they are defeated and feared, they will definitely not believe in the promises of the people's government, and the common people and the national capitalists who are watching will not believe in the power of the country.

    In the 20 days to July 30, the central government transported a total of about 1.5 million tons of rice using the Beijing-Shanghai Line, Longhai Line, Yangtze River water transportation and sea transportation.  Excluding what is used and stored by ordinary citizens, about 1.3 million tons of rice are piled up in concessions or on overseas ships, waiting for an opportunity to return to mainland China.

    Rice shops in various towns in Shanghai have reopened, but they are selling affordable rice from the government.

    Distributing rice on an administrative basis, first of all, stabilizes the hearts of the citizens.  If food prices are stable, prices of other commodities cannot become chaotic.

    Now there are only two options before the rice merchants. One is to continue to buy and bet on whose financial resources will be exhausted first; the other is to cut off the position in tears and wait for the opportunity to start over.

    But even if they choose the latter, the sales channels are not optimistic, because the government announced that Shanghai will be under naval control, and rice shops are the focus. They don't even have a way to sell the rice in stock.  I had so much rice backlog in my hands before. Although I used some black market methods to clear it out to stop the loss, it was not a matter of urgency.

    The rice merchants who had been supporting them gradually could no longer withstand this low-price dumping operation mode. They were quick to throw away the orders they were still taking in, on the principle of minimizing losses.  The British and Japanese chaebols who fought desperately to the end suffered the most losses - although China is very poor, the country's power is still very powerful!

    ¡°All the cards that can bring benefits have been played, and continuing to plunge the economy into this crisis will cause greater harm to orderly production and trade. Zhang Hanqing judged that it is time to close the net.  It decided to take the last resort: sealing up the Shanghai Futures Exchange, the center of activities for big speculators to manipulate the rice market!

    At 10 a.m. on July 26, two battalions of the People¡¯s Army and 400 plainclothes police officers were dispatched in five groups, suddenly surrounding the six-story futures trading building, and announced to more than 900 people who were conducting speculative trading and other activities in the building.  An order was issued: Stop all transactions immediately, no entry or exit is allowed, no phone calls are allowed to contact the outside world, and you will wait where you are for interrogation and search!

    Each group of staff quickly entered each room to search.  In the office of the "Ito Inaya" broker, there were 18 telephones for market manipulation alone, and dozens of pieces of gold were found hidden in the wall.

    The cleaning and interrogation work in the building lasted for two days and one night. Many legitimate businessmen were released one after another after interrogation. In the end, only 90 main speculators were detained and taken away.  During this period, the outside of the building was crowded with people, and the citizens all clapped their hands and exclaimed: "The tycoon rat has collapsed!" and "The young marshal is so awesome!"

    This clean and beautiful assault spread across Shanghai in an instant and shocked the whole country.  The next day, the price of silver dollar "Sun Datou" to rice plummeted from 3.8 cents per catty to 1.9 cents. The next day, the price of rice fell by half again, and the price of cooking oil fell by 35%!  It is almost at the level at the beginning of the year - you can imagine how happy the citizens carrying rice bags and oil bottles will be when they see this scene.

    The "Rice War" became the first round of victory in the confrontation between the People's Party government under the leadership of Zhang Hanqing and Shanghai's old economic forces and imperialist forces, and the victory was heartfelt.

    During this period, various industrial groups under the central government took the opportunity to invest approximately 180 million yuan in purchasing various stocks that were at the bottom of the market, and they almost collected them as soon as they saw the votes. Anyway, they were very wealthy.

    As the price of rice returned to normal, other prices quickly fell behind, while industrial stocks finally rose back to their original value. Some national capitalists who believed in the central government and withstood the pressure to buy stocks made a lot of money.  , thus creating a greater respect for the government, and those businessmen who escaped from the battle regretted it.

    "I regret it so much. Why should I get involved when people are selling stocks? I only need to wait for half a month or just ten days, and I can make a lot of money. Now I have lost all my money!" Don't listen to the government's propaganda  Aunt Huang, an expert in Shanghai stock trading who insisted on following the trend and selling stocks, said with tears in her eyes.

    Fans who were affected by her and suffered losses are also having a hard time, but they made their own decisions and cannot blame others.

    "Ala's nephew works in the government. Fortunately, he told me that I believed in the government once and used all the money my son saved from marrying his wife to buy stocks. Haha, not only has my wife not run away, but also  If you can spare more money to do some small business, it is better for the government!" Old Liu's daughter-in-law, who listened to the government's propaganda, was sincerely grateful to the country, the party, and the young marshal who came to Shanghai.

    Some people are happy and some are sad, and similar scenes are happening everywhere.

    The biggest winner in this incident is the central government: This battle not only eased the central government's financial tightness caused by its heavy investment in infrastructure and industrial construction - this battle earned a net profit of 250 million from rice alone, but also  Won nearly 300 million assets and become state-owned!

    In addition, considering the impact of U.S. wheat dumping that caused a sharp drop in world grain prices at that time, the central government not only successfully completed grain sales at a better price - Northeastern rice was sold abroad from Harbin for only 8 cents per kilogram.  The cost of overseas shipping is also included.

    Of course, the most far-reaching significance is that it greatly strengthened the prestige of the People's Government, severely damaged foreign capital, enhanced the people's trust in the Chinese People's Party, especially the intellectuals who are the vanguard of the working class, and finally united in the People's Party.  around.  (Remember the website address: www.hlnovel.com)?Considering the impact of U.S. wheat dumping that caused a sharp drop in world grain prices at that time, the central government not only successfully completed grain sales at a better price - Northeastern rice was sold abroad from Harbin for only 8 cents per pound.  The cost of overseas shipping is also included.

    Of course, the most far-reaching significance is that it greatly strengthened the prestige of the People's Government, severely damaged foreign capital, enhanced the people's trust in the Chinese People's Party, especially the intellectuals who are the vanguard of the working class, and finally united in the People's Party.  around.  (Remember the website address: www.hlnovel.com
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