Rebirth of the Great Entertainment Empire

Chapter 456 The Right to Issue Banknotes

"Finally you found a way to decide the outcome... The stubborn me, a prisoner of this battle, was conquered by you just like that, cutting off all retreats..."

Just like what Wang Fei told Guan Tong, Wang Fei wanted to find a man who could conquer her. Women are strong and men are weak, and there are even those who rely on Wang Fei to live or make a comeback. Let me ask, under such circumstances, how could their love and marriage grow?

actually--

In the last life, Wang Fei also tried to manage her love and her marriage.

For example: Wang Fei once gave up Xiangjiang's flourishing career and lived in a courtyard with Dou Wei in Beijing. At that time, Wang Fei was the most popular female singer in Xiangjiang in 1994, the best actress at the Swedish Film Festival, and a serial singer. A popular superstar who performed 18 concerts in the Red Pavilion, Wang Fei could choose a boyfriend who was more suitable for her in wealth, and could choose to live in a mansion on the top of the mountain with an invincible sea view, but it was Wang Fei who surprised many people. Fei quietly returned to Beijing and lived with Dou Wei for two years in a broken yard without even a toilet, and even went to empty the urinal himself in the early morning with fluffy hair.

Who dares to say that Wang Fei didn't want to manage her love and marriage well? Who dares to say that Wang Fei didn't really love Dou Wei at that time?

Therefore, Wang Fei's nature is not bad - as long as he can completely conquer Wang Fei, Wang Fei can also become as good as a kitten!

Can Xu Cun completely conquer Wang Fei?

"Please...Brother Cun...let me go!" Wang Fei, who was slapped by Xu Cun so hard that he could not breathe out, begged desperately for mercy!

*****

Until Wang Fei took the initiative to shout: "Brother Cun, I don't dare to be jealous anymore, and I don't dare to avoid you anymore!"

...

After the clouds scattered and the rain rested, Wang Fei put his arms around Xu Cun's waist and asked Xu Cun in a soft voice: "Brother Cun, are you here to see me this time?"

"You don't answer the phone calls, you don't answer the letters, if I don't come here in person, you might run away with someone else!"

Xu Cun’s words are of course a lie to coax Wang Fei—the main purpose of Xu Cun’s personal visit to Beijing this time is to communicate with the Central Committee and the Bank of China’s President Chen Muhua, and tell the Central Committee and the Bank of China that Xu Cun has fully controlled Standard Chartered Bank up.

Is it necessary for Xu Cun to do this?

The answer is yes - it is so necessary!

Standard Chartered Bank has a very big right - the right to issue notes in Hong Kong dollars.

The history of the Hong Kong dollar can be traced back to 1845, when the Eastern Pacific Bank was established. This bank headquartered in India was the first bank to issue banknotes in Hong Kong. At that time, many foreign banks flooded in and issued Hong Kong dollars one after another, because unlike many countries, Hong Kong's currency was issued by commercial banks rather than the central bank, and the supervision was loose. Although the Hong Kong government only accepted the Letters Patent and the currency issued by banks incorporated under the Colonial Regulations when collecting taxes and other fees, it still failed to prevent other banks from issuing banknotes. During the global financial crisis in the 19th century, three large note-issuing banks closed down. It was not until the issuance of the "Bank Note Issuance Regulations" in 1895 that the supervision of banknotes was tightened. In 1935, the currencies issued by three banks were designated as legal tender for the first time, namely, the three Banks of China in London, India, the Bank of China in Xinjinshan, India, and the first Hong Kong local bank established in 1865. - The Hong Kong and Shanghai Banking Corporation. India, London, and China’s three banks issued banknotes until 1974, when the right to issue banknotes was abolished. At present, Hongkong only has India’s Xinjinshan Bank of China, which was renamed Standard Chartered after merging with the Standard Bank of British South Africa in 1969. Banks and HSBC have been taking on the money-issuing function.

If Standard Chartered Bank has always been a British bank, it goes without saying that the British side will definitely guarantee the right to issue banknotes to Standard Chartered Bank, and Xu Cun, who has been a man for two generations, also knows that Standard Chartered Bank will always retain the right to issue banknotes.

The problem is that Standard Chartered Bank will soon have the surname Xu Cun. No, to be more precise, if Xu Cun is willing, Standard Chartered Bank can now have the surname Xu.

but--

As long as Xu Cun dares to stand up and say: "Standard Chartered Bank is my Xu Cun!", 10,000% of the British side will change from a party that protects Standard Chartered Bank's note-issuing bank to a party that advocates depriving Standard Chartered Bank of its right to issue notes .

The right to issue banknotes can influence the economy of a region to a large extent. Since the establishment of the Sino-British Joint Liaison Group, the Chinese side has raised the issue of "Bank of China's participation in Hong Kong dollar issuance". From the urgency of the Chinese side, it is not difficult to see how much China covets the right to issue Hong Kong dollars.

pity--

In terms of the right to issue banknotes in Hong Kong dollars, the British side is very biting. The Bank of China participates in the issuance of Hong Kong dollars, and even the Bank of China Group, which can be regarded as a local bank in Hong Kong, does not grant the right to issue banknotes.

In fact—

In the last life, the Bank of China Group spent a lot of effort to obtain the right to issue banknotes in Hong Kong dollars. In order to obtain the right to issue banknotes in Hong Kong dollars, the Bank of China actively cooperated with the Hong Kong government to stabilize the financial market in Hong Kong. During the Hong Kong dollar exchange rate crisis in the 1980s, banks During a series of major financial crises, such as the stock market crash, bank run, etc., Bank of China has always actively cooperated with the Hong Kong government to quell the storm and stabilize the market. After nearly ten years of hard work, it was not until May 1994 that the Bank of China Group won the coveted right to issue banknotes, and this was only the British side's reluctance because 1997 was coming soon. .

At this stage, China already knows that it is basically hopeless for China to obtain the right to issue banknotes in Hong Kong dollars, so China is actively abolishing the right to issue banknotes of Standard Chartered Bank. If Xu Cun does not greet the central government well, the Chinese side is likely to cause a big oolong in this matter. On the contrary, if Xu Cun and the Chinese side plan well, then before Xu Cun announces that he will control Standard Chartered Bank, the right to issue banknotes of Standard Chartered Bank can be finalized.

As for whether the Chinese side is willing to allow Xu Cun to have the right to issue banknotes, Xu Cun is not worried at all. With the close relationship between Xu Cun and the Chinese side, Xu Cun has the right to issue banknotes in Hong Kong dollars, which basically means that China owns Hong Kong dollars. How could the Chinese side be unwilling to issue banknotes?

Naturally, Wang Fei didn't know what Xu Cun was thinking. Therefore, after hearing Xu Cun's deceitful words, Wang Fei couldn't be more happy! So much so that Wang Fei, who was asleep, had a sweet smile on his face!

...

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