Chapter 3673
Chapter 096 is a serious threat
At the time of eating, Qin Yuer gave everyone all the experiences they had here, including how important it is to investigate this matter.
This is very much agree with Zoeyan. She is very aware of the huge threat brought about by the outflow of capital. This is a disaster for the entire country and people of China.
“Under the pressure of China’s currency depreciation, capital outflow has become our main concern for the Chinese economy.” Zoe smoked frowned head: “I think that for such people, you should be sentenced to severe punishment, and you can’t overdo it.”
Ruan QingShuang is not particularly understanding of the economy: “Isn’t the last time the central bank dominated the depreciation of the renminbi? It also shocked the global market.”
“Huaxia is mainly doing this in order to grab the pre-emptive strike before the Fed raises interest rates?” The language has no research on the economy, which is what most people think. ”
Zoe smoke should be the most economically aware of all.
It can even be said that there are more than Xu Yun.
After all, since Zuo Meiyan took over the Tianyu Group, she must pay attention to the domestic economy and the world economy.
If a business person does not understand the economic changes, he will definitely die.
“Because our Chinese currency depreciation pressure has accumulated for several months, if the central bank waits until the Fed raises interest rates and then releases the exchange rate, then the situation will be more difficult to control. The renminbi may be devalued in an orderly manner, and the decline is likely to be much greater than 13%. The pressure of capital outflow will be even greater.” Zuo Meiyan said indifferently.
Xu Yun also frowned his head: “Now the investors in China are all considering capital outflows as the biggest threat to the Chinese economy.”
Zoe smoke nodded: “Yes, from the slowdown of the central bank’s external reserves, we can see that the speed of China’s capital outflow has been very fast in the past two years. If the Chinese economy continues to slow down, capital outflows will accelerate.”
Of course, this is a case of some visible capital outflows.
Rich people who invest their money abroad are everywhere.
Zoe Meiyan paused and continued: “In their view, capital outflows are a sign of weakening confidence in China. Capital outflows will take liquidity from the domestic economy and increase the difficulty of financing for enterprises and local governments.”
These smoky cigarettes have been said to be straightforward, and everyone can understand.
Those visible capital outflows.
And these invisible black money have shifted outwards. How much money does Huaxia have to go abroad?
This number is simply a super huge number that ordinary people can’t imagine!
“And, as the Fed raises interest rates, as the Chinese stock market has fallen sharply, the trend of capital flows has become more and more important. The US Empire’s interest rate hike has taken away funds from emerging markets such as China, which has obviously brought greater downward pressure on China’s stock price. Zoe Mei flue: “Why are the people who have been buying stocks in the past two years are going to die… because they don’t understand the economy.”
Xu Yun nodded. This word agrees with Zhai Mei. Many people think that stocks can make money, but they never pay attention to the news of the Fed raising interest rates.
A truly intelligent person who knows the world economy will not be in the stock market.
People who have news, people have heard that the Fed’s interest rate hike has just come out, and even if there is no sign, everyone will put the money out.
At this time, it is always ordinary people who suffer from losses.
This kind of thing in the stock market is that people who have “messages” will stir up the price before they realize that things have changed, and put a lot of money from ordinary people who don’t understand the economy and want to make money, and then directly take them away.
When the stock price plummeted, when the people wanted to cry, the wallets that those people earned ran directly with the money.
China is now in a dilemma.
Stimulating exports with the depreciation of the currency will encourage capital flight and force the central bank to use foreign reserves to slow the tide of capital outflows.
But efforts to support the renminbi will hit exports, which could result in massive layoffs in industries with weak profits and intricate shadow banking.
No one knows how many collateral in the warehouse was mortgaged, or how much debt the shadow banking system has…
“Now things are complicated. I think the focus of the market is not just on the Fed. It’s just one of the things that need to be worried.” Zoe sighed with a sigh: “In addition to the capital outflows we can see, these are underground. It is even more abhorrent for the money house to transfer capital to the outside world. The whole Chinese economy is even more chaotic. It is good to say that they are a disaster to the country.”
“The impact of the Fed’s interest rate hike on the Chinese economy is indeed there, but the downward pressure on the Chinese economy is mainly due to domestic factors.” Xu Yun frowned. “Overcapacity, real estate inventories are too high, and export competitiveness is declining… This is our country’s own unshirkable responsibility.”
“It’s said by you, how do I feel that it is a crisis now, especially dangerous.” The big eyes, she never thought it would be so dangerous.
When I heard everyone say this, she felt the sense of crisis.
The most stressful thing about this kind of thing in my heart, perhaps only the enemy, because she does not care, does not understand, and has no interest in this.
So she can’t understand other people’s words, and she won’t go to her heart, nor will she ponder.
“Under this dilemma, our country allows the renminbi to depreciate in an orderly manner, while setting more restrictions on capital outflows, slowing the opening of the capital account of residents.” Zoe smoke said indifferently: “Huaxia will use huge foreign exchange. Reserve to ensure that the RMB exchange rate remains stable.”
“Does this definitely cost a lot of money?” Ruan QingShuang’s slightly open mouth.
“Well.” Zoe smoke nodded: “Without serious impact on China’s external exposure, it should be able to consume 900 billion US dollars for foreign exchange intervention.”
900 billion dollars!
My God…Ruan QingShuang couldn’t even think about how much money it was.
“This is really hurtful.” Xu Yun couldn’t help but sacrifice with a smile: “We have a huge foreign exchange reserve in China, but this has consumed at least 20% or so?”
Zoe smoked nodded and frowned. “Yeah, it’s really a broken thing.”
“This is too terrifying…” Qin Yuer realized that her task was getting heavier and heavier, because she knew in her heart that what they said was only some capital outflow from the official channel.
What Qin Xiaoer wants to investigate is the illegal way for underground money houses and such illegal money laundering capital to flow out of China.
If these illegally flowing capitals are also superimposed, isn’t it a more terrifying figure?
Illegal money laundering and underground money houses have led to huge capital outflows, seriously endangering financial security, and must dig deep into upstream crimes! Whether it is financial securities or corruption, it is necessary to crack down on major crimes in these fields!