Chapter 1169
As time went on, just when the outside world thought Dubai was going to be finished, the situation did not turn out to be what people thought it would be.
Dubai carried on dead for two full days, but Dubai alone was not going to make it, Abu Dhabi was also caught up in it, the dirham currency plummeted and the whole of the UAE was not really spared.
There is another point that infuriates the old US, because international finance capital is behind the stirring, that is, muddling through, and there is no shortage of Chinese capital.
On someone else's turf, the rabbit also dares to let loose and play with finance, to test the waters and experience the experience.
No matter what the economic problem is, the first to react is the international foreign exchange market when the problem comes.
By the afternoon of the next day, from before it happened
1CNY=0.5743AED, it became 1CNY=0.9641AED in a short time.
The CNY code is the currency representation symbol assigned to China by ISO, while the dirham representation symbol is AED.
By just past midnight the following day, all of Dubai's dollars had been played off.
The next day early Dubai once again showed a superb move, that is a backhanded operation to announce the inclusion of RMB in the first foreign exchange reserve, if this is no big surprise, then the next operation of Dubai or the UAE is really a show to the European and American audience.
The second piece of heavyweight news was the announcement that the entire UAE could settle transactions directly in RMB, including all commodities.
Some international economic analysts were dumbfounded, how can we analyse it if you play like that? This is a big deal.
The result is a huge amount of capital that has just stepped out before it can catch up, and then retracted.
The result is that a large amount of capital has just stepped forward, and before it can follow, it has retreated. No one expected Dubai to play so thoroughly, and this is a direct bet of all the treasure on the Chinese, and in turn is a complete break-up with the United States, the momentum of the old dead.
In the end, it's either nothing or everything. This is too extreme a play.
No one could have predicted that Dubai would be so crazy, that it would be either heaven or hell.
Soon, against this backdrop, the situation was reversed in a flash, and the opportunity for this reversal was that in the next few days, the handicappers from China split up and went straight to Dubai to buy!
The country didn't even need to mobilise the masses behind the scenes, the major travel service companies stepped in and it was no problem.
And the handlers themselves went there because it was cheaper to spend there, and what's even more surprising is that you can actually settle your merchandise transactions directly in RMB in Dubai, so you don't have to change your currency!
This is a natural attraction for domestic consumers to go over there and chop their hands, knowing that China is the world's number one country in terms of purchasing power parity.
The power of the Chinese chopping party is something that everyone on earth has learned, and it has changed the economic structure of a country, such as Argentina, or Spain's ham was once bought up, and the Chinese people's buying explosion caused Europeans to run out of ham to eat.
This is probably the best interpretation of the word "strength in numbers".
The Europeans and the United States were left dumbfounded, especially the Hawks, and Dubai was filled with tourists from China for the rest of the day in the face of the thousands of people who came to buy.
Hardly soon afterwards the entire Dubai public facilities were replaced with Chinese character signs, as well as a variety of two-dimensional code payment, a certain letter payment, a certain treasure payment.
The dumbfounded old American shook his head heavily and stroked it properly, this thing was a bit wrong, the way it was opened was a bit wrong, the process was wrong, and the result was even more wrong.
It suddenly seemed to me that instead of bringing Dubai down, they were giving each other a nirvana.
This is a point that North America cannot accept, and what is even more unacceptable is that Dubai is a winner, the Chinese are a winner, Wall Street is a winner, and only the North American authorities are the worst off.
The most, most unacceptable point is that the Chinese are taking a huge advantage in this and Hawksbill can't take it anymore, this can't go on, we need to talk to that rabbit.
You can't play like that, you ventriloquist rabbit.
......
In less than a week's time, five days to be exact, the first three days the world agreed that Dubai was going to be finished and the UAE was basically lying down.
But from the fourth day onwards there was a sudden reversal, and no one expected Dubai to be so ruthless as to directly All-in to the Chinese.
These actions are not at all like the courage of a small country, but Dubai did it, and did it thoroughly and decisively.
Once again, the world proves that only the bold die and the timid starve.
To the disbelief of outsiders, Dubai was reborn.
By this time most international economic analysts were beginning to use hindsight, often wrong in their predictions of future events, but spot on in their analysis of when they had just happened.
Now that it has happened, most analysts and experts on international issues immediately see that Dubai is about to undergo a butterfly change. They have concluded that three core factors are key to Dubai's impending butterfly.
The first is the choice to use RMB as the number one foreign exchange reserve, which is the right strategy because China is the country with the most complete industrial system on the planet at the moment.
If you want to buy any goods, from warplanes and warships to screws and nails, you can supply them all, just go to Yiwu and place an order.
Dubai's economy does not rely on oil to earn money, which is the biggest benefit, and its dependence on the US dollar is certainly much better than these of Yin Lang.
The second is the announcement that RMB can be directly adopted as the settlement currency for merchandise transactions. This key of keys is the biggest reason why the Chinese side decided to be willing to spend a huge amount of money behind the scenes to support it, because it will amount to RMB being the second local currency ah, while being able to settle merchandise directly in RMB across the territory brings an explosion of Chinese tourists.
The rabbit can be modest in other ways, but there is no doubt that there are many of them.
The other things can be modest, but there is no doubt that there are many people in Dubai, but they are here to earn money, and the Chinese are here to spend money.
Chapter 1170
The third one is betting on the right one and choosing a very reliable back office. The international analysts.
This is especially true of analysts in Europe and the United States. The chemistry that results from the convergence of these three elements is that Dubai has become a major new transit point for trade between the Middle East and the East.
The Chinese can spend money here directly in RMB, and the surrounding areas of the Middle East world will also come to Dubai to do business, because it is a very high quality and convenient window of commerce.
A cross-border supply chain is formed in Dubai, with goods from mainland China flowing over and goods from the Middle East world flowing through.
The intermediate node is Dubai, where goods are unloaded and loaded, and transactions are settled much more conveniently and efficiently than elsewhere.
Can it not take off? After so much turmoil and singing, in the end Dubai is still a city of opportunity, the world is bustling all for profit, this round of open and dark competition and game, eagle sauce lost very badly.
......
Li Linfei Manor in Xiangzhong City.
"The company's main business is to provide a wide range of products and services to the market. The person who spoke was Minister Tan Gang Tan.
After returning to the company that day after playing ball with Li Bingling, Li Linfei received a letter from Jing Tao forwarding Hamdan. After receiving Hamdan's secret letter, Li Linfei immediately sent someone to report this inside information.
The top reacted quickly and decisively and swiftly seized this opportunity, which led to the current situation.
"You are to be credited for this, haha." Tan just laughed again brightly once he sat down.
Dubai and even the UAE has now become a strong partner of my rabbit in the Middle East, and the relationship is now really more than ten times more than iron.
To the east of the Strait of Hormuz there is the port of Guador, and to the west, in the Persian Gulf or Arabian Gulf, there is Dubai.
Once these two major trade and commerce relay hubs are opened up, the positive implications for the westward strategy cannot be overstated.
How strong is the relationship with Dubai now? The reasons above are one.
On the other hand is undoubtedly the relationship between Ye Hua and Hamdan, all this is Hamdan the person deeply involved, from the current situation, Hamdan can basically determine is the new hand of Dubai and even the entire UAE.
Li Linfei, who was sitting on one side, shook his head with a smile.
"Where do I get the credit, I've basically done nothing in this time and got a big bargain."
"Firstly we're a commercial company, we shouldn't be overly involved in that stuff, and secondly we're a technical commercial company, we don't have that complicated values, we don't have that much methodology, we just grind our own tofu seriously, and when we grind it well, people buy it."
"So we took another US$7.5 billion order from Dubai, and we are serious and down-to-earth to do a good job for our customers, so we won the trust and respect of this customer in Dubai."
Tan just listened without approving or opposing, just smiling without saying anything, after a while he changed the subject: "You are at a standstill with the North American SIA, what is your opinion now?"
"Opinions? Not so many views, priority is to do well in the domestic market, to defeat the other side's business in the domestic market, in this regard the member companies under the CSAC system can take a bigger step, run up, chase and fight ...... then sit back and wait for the opponent to come over and beg for peace, when the fight hurts and there is no way out, they will come."
Tan just nodded soberly, the mainland market occupies 60% of the industry's share, the first to beat the rival's mainland market share he can not stand, it is not necessary to sacrifice near and far to do things half-heartedly, thinking that it seems Li Linfei's thinking is very clear.
"When do you predict the other side will come over to talk?" Tan just asked again.
Li Linfei smiled faintly and replied as follows, "When they will come depends on how fast CSAC is grabbing the internal market and won't be indifferent if they are starving."
Tan just arrived and did not linger too long, and left after chatting with Li Linfei and getting through to him.
This time, the old American driver flipped in Dubai, and even if he flipped, he also fell into the Persian Gulf and became a chicken, disgracing himself in front of the world.
The internet is also buzzing, with domestic netizens uplifted, while European and American netizens are also buzzing, and the Reddit news forum is also buzzing with comments. Domestic netizens who dive into this forum and see the comments from European and American netizens, inexplicably feel a sense of comfort.
"Awesome, the most powerful United States of America on the planet can't handle a Dubai."
"The face-punching event of the year."
"The superpowers have been disgraced, Hah...."
"All this superficial talk, if it wasn't for the Chinese, if Dubai didn't rely on another superpower to carry the day?"
"So the question is, so the old US lost to the Chinese?"
"That said but that is indeed the case."
"What's the big deal about the Chinese just because they have more people."
"Yes, there are more people, no way, so what? If you have the ability, you can also violate the 1.4 billion people."
......
"I'm so pissed off Fark, that message must be from China."
"Man, don't be so impulsive, don't mess with the Chinese, they have a super scary internet army, called the Imperial Bar Internet Army, Reddit forums are finished if you mess with them."
During this period of time, Li Linfei stopped paying attention to the outside world's disturbances, whether it was the matter in Dubai or whether the North American SIA came to negotiate for peace.
After a month of waiting, the SIA's principal, John Nover, still had no intention of coming over to negotiate, probably because he thought he could still salvage the situation.
So let's just wait and see! We'll see who can afford it, he has plenty of time anyway.
Now that his Ten Thousand Chefs competition is about to start, his energies are shifted to this.
Of course all this required the completion of the skyscraper at the new headquarters of Gourmet City and Future Technology, which of course is almost done now.
So Li Linfei gave a meeting to the staff of the Travel Inc.
Future Technology Group, because although the new headquarters was completed, the internal set-up work had not yet started, so it had not been moved for the time being.
At this time, in the conference room, the middle and senior management of the tourism company, were sitting down to report to Li Linfei on the recent work of the company.
Li Linfei remembered that the logistic workers of the scenic spot should have started recruiting, and asked Liu Zi of the human resources department of the tourism company, "General Liu, the logistic workers of the scenic spot have started recruiting, right?"