Chapter 800
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Alan Greenspan looked very happy when he saw Gao Xian who went out to meet him. This was not entirely because he could continue to get a considerable consultant salary, but because he showed a sense of achievement in putting some of his academic ideas into practice.
Scientific research results are inseparable from samples, but appropriate samples are often not readily available, especially in the activities of human society.
Now the improved currency board system led by Gao Xian has been implemented in Xiangjiang. Gao Xian's financial authority is regarded as more than half of the Central Bank of Xiangjiang. Undoubtedly, it has increased capital for Alan Greenspan, who participated in it. Even if he gets it from the United States as a talk capital, it is comparable to other American financial elites in the United States, in the back garden of the United States - Latin American countries in sovereign debt crisis, The "shock therapy" experiment has been carried out.
On the 26th floor of Xinhua people's Bank, Alan Greenspan looked at the huge office area dedicated to Gaoxian and joked: "your business positions have been let out one by one, but the busy here has not been halved. Even I feel that there are more secretaries and assistants."
"This is also a learning center. Graduates take my recommendation and go outside to do specific management work." Gao Xian explained casually with a smile, "there is a president's office at the headquarters of Xiangjiang exchange fund administration, but I'm more used to entertaining old friends here."
Alan Greenspan nodded if he realized something. On the academic level in the economic field, he was confident that he could be a high string teacher, but what was indispensable in how to control the huge business Kingdom, such as the power skills in the circle of Peanut Stew and Zhengzhi, would be willing to lose. Presumably, this must be a way of employing people.
"Next week, if the Exchange Fund Management Bureau operates smoothly, I will visit the financial management institutions of various international currencies as planned. There should be a most important speech in the United States." Gao Xian handed over a manuscript and asked sincerely, "Alan, you should help me check, but don't make a joke at that time."
Alan Greenspan took over the manuscript knowingly. The so-called check is polite. With high string energy, the content of his speech will not be disconnected from that of the United States. It is true to help blow the wind in advance and pave the way.
Seeing that "free flow of capital" ranked first in the main points of the manuscript, Alan Greenspan determined that it would be easy to follow suit.
……
In the past few days, on Monday, October 10, the Hong Kong dollar linked package of international currency exchange rate system was officially implemented. The exchange rate of the Hong Kong dollar against the US dollar in Xiangjiang foreign exchange market rose to one US dollar to 8.02 Hong Kong dollars, and the correction trend was very stable.
Xinhua people's Bank in Central Hong Kong Island and the listing ceremony of Xiangjiang exchange fund authority began. Leading figures of the Hong Kong government, such as Hong Kong Governor Youde, Deputy Chief Secretary Xia Dingji and Deputy financial secretary Zhai Kecheng, who actually acts as financial secretary, must all be present to witness.
During the establishment of the Exchange Fund Management Bureau, the Hong Kong government seems to have made a small investment in the process. As a result, Gao Xian did not hesitate to pay out of his own pocket.
If the senior executives of the Hong Kong government are not enthusiastic about this important scene, the exchange fund authority will really go farther and farther away from it.
The whole ceremony was solemn and concise, which fully demonstrated how the exchange fund authority under Sir Gao worked efficiently.
Next, the reporters present were invited to the press conference to communicate with the media promised before.
After Gao Xian sent governor Youde and Deputy Chief Secretary Xia Dingji to the car, he grabbed Zhai Kecheng and said with a smile, "Sir Zhai Kecheng, how can you be the head of the financial secretary in the press conference."
Zhai Kecheng really doesn't want to stay, because Gao Xian's reputation is at its zenith. Sitting next to him is a dull foil. It's really boring.
Moreover, Zhai Kecheng also happened to hear a new talk in the market that annoyed him. It corresponds to that the financial secretary of the Hong Kong government has always been commonly known as the "Xiangjiang wealth master" by the Xiangjiang public. Now, sir Gao, President of the Xiangjiang exchange fund authority, is commonly known as the "Xiangjiang wealth grandfather".
You say, "Xiangjiang wealth master" and "Xiangjiang wealth grandfather" sit together. What's the same thing? There's a difference in generations.
Fortunately, the common name "Grandpa xiangjiangcai" should be because of Sir Gao's personal charm, so cai'an gave it to the president of the exchange fund authority. After Gao Xian failed to complete his military order and stepped down, I believe the common name "Grandpa xiangjiangcai" will disappear.
Zhai Kecheng, who could not refuse, followed Gao Xian to the press conference and heard the other party say: "next week, I will visit the respective financial management institutions of Hong Kong dollar and a package of international currencies. Will Sir Zhai Kecheng go with me?"
Zhai Kecheng shook his head weakly. "Sir Gao's going alone is enough."
Gao Xian thought for a moment, then put himself in a position and said, "yes, there are many affairs on the financial secretary's side. Sir Zhai Kecheng has worked hard enough and it's hard to separate himself."
"In this way, sir Zhai Kecheng and I can only visit London. You have to work hard. With the head of the financial secretary, it's much more convenient."
"Grandpa Cai" gave in, and "Grandpa Cai" didn't dare to push his nose and face. Otherwise, he might be accused of lazy politics, inaction and sorry for the taxpayer's money like his predecessor.
……
After the press conference, Gao Xian thanked the financial secretary of the Hong Kong government for his work support and first asked Zhai Kecheng to make a speech.
With the formal implementation of the Hong Kong dollar linked package of international currency exchange rate system, the Hong Kong government does have some matching measures, including the cancellation of interest withholding tax on domestic Hong Kong dollar deposits, so as to enhance the attractiveness of domestic Hong Kong dollar deposits to investors.
Zhai Kecheng summarized and introduced these newly launched measures, which also saved face.
Then Gao Xian, President of the exchange fund administration, introduced the hot issues including Xiangjiang development investment fund. Thanks to careful planning, the reporters' thirst for knowledge was met, and the scene was very harmonious.
Of course, there is no lack of congestion. For example, a reporter with a sharp mouth and a monkey's cheek asked the question of transparency in the work of the exchange fund authority, especially how much the balance of the exchange fund is now.
Gao Xian replied quietly, "one of the objectives of the exchange fund management bureau is to maintain transparency in its work. In this regard, the audit office and the Independent Commission against corruption, which are predecessors in the field of independent operation, have a lot of successful experience to learn from."
"However, on the other hand, in view of the complexity of reality, some work has to be done step by step."
"After the free floating of the Hong Kong dollar exchange rate in 1973, the government was faced with great pressure of hot money speculation, so it no longer published the balance of the exchange fund. There is no need to explain. I think everyone can understand."
"Now, the Hong Kong dollar linked package of international currency exchange rate system has just been officially implemented. The exchange rate of the Hong Kong dollar against the US dollar is still some distance from the target, and there is a lot of pressure on hot money speculation. I don't think it's time to show all the cards to everyone for fear that the speculators will attack imprecisely."
"As I said just now, the exchange fund belongs to Xiangjiang, not Gao Xian. I will not and dare not take it for myself. Even if some data choose not to be published temporarily, the accounts will be clear."
"I hope the people who hold on to this problem untimely are really just enthusiastic, not stupid and bad!"
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Alan Greenspan looked very happy when he saw Gao Xian who went out to meet him. This was not entirely because he could continue to get a considerable consultant salary, but because he showed a sense of achievement in putting some of his academic ideas into practice.
Scientific research results are inseparable from samples, but appropriate samples are often not readily available, especially in the activities of human society.
Now the improved currency board system led by Gao Xian has been implemented in Xiangjiang. Gao Xian's financial authority is regarded as more than half of the Central Bank of Xiangjiang. Undoubtedly, it has increased capital for Alan Greenspan, who participated in it. Even if he gets it from the United States as a talk capital, it is comparable to other American financial elites in the United States, in the back garden of the United States - Latin American countries in sovereign debt crisis, The "shock therapy" experiment has been carried out.
On the 26th floor of Xinhua people's Bank, Alan Greenspan looked at the huge office area dedicated to Gaoxian and joked: "your business positions have been let out one by one, but the busy here has not been halved. Even I feel that there are more secretaries and assistants."
"This is also a learning center. Graduates take my recommendation and go outside to do specific management work." Gao Xian explained casually with a smile, "there is a president's office at the headquarters of Xiangjiang exchange fund administration, but I'm more used to entertaining old friends here."
Alan Greenspan nodded if he realized something. On the academic level in the economic field, he was confident that he could be a high string teacher, but what was indispensable in how to control the huge business Kingdom, such as the power skills in the circle of Peanut Stew and Zhengzhi, would be willing to lose. Presumably, this must be a way of employing people.
"Next week, if the Exchange Fund Management Bureau operates smoothly, I will visit the financial management institutions of various international currencies as planned. There should be a most important speech in the United States." Gao Xian handed over a manuscript and asked sincerely, "Alan, you should help me check, but don't make a joke at that time."
Alan Greenspan took over the manuscript knowingly. The so-called check is polite. With high string energy, the content of his speech will not be disconnected from that of the United States. It is true to help blow the wind in advance and pave the way.
Seeing that "free flow of capital" ranked first in the main points of the manuscript, Alan Greenspan determined that it would be easy to follow suit.
……
In the past few days, on Monday, October 10, the Hong Kong dollar linked package of international currency exchange rate system was officially implemented. The exchange rate of the Hong Kong dollar against the US dollar in Xiangjiang foreign exchange market rose to one US dollar to 8.02 Hong Kong dollars, and the correction trend was very stable.
Xinhua people's Bank in Central Hong Kong Island and the listing ceremony of Xiangjiang exchange fund authority began. Leading figures of the Hong Kong government, such as Hong Kong Governor Youde, Deputy Chief Secretary Xia Dingji and Deputy financial secretary Zhai Kecheng, who actually acts as financial secretary, must all be present to witness.
During the establishment of the Exchange Fund Management Bureau, the Hong Kong government seems to have made a small investment in the process. As a result, Gao Xian did not hesitate to pay out of his own pocket.
If the senior executives of the Hong Kong government are not enthusiastic about this important scene, the exchange fund authority will really go farther and farther away from it.
The whole ceremony was solemn and concise, which fully demonstrated how the exchange fund authority under Sir Gao worked efficiently.
Next, the reporters present were invited to the press conference to communicate with the media promised before.
After Gao Xian sent governor Youde and Deputy Chief Secretary Xia Dingji to the car, he grabbed Zhai Kecheng and said with a smile, "Sir Zhai Kecheng, how can you be the head of the financial secretary in the press conference."
Zhai Kecheng really doesn't want to stay, because Gao Xian's reputation is at its zenith. Sitting next to him is a dull foil. It's really boring.
Moreover, Zhai Kecheng also happened to hear a new talk in the market that annoyed him. It corresponds to that the financial secretary of the Hong Kong government has always been commonly known as the "Xiangjiang wealth master" by the Xiangjiang public. Now, sir Gao, President of the Xiangjiang exchange fund authority, is commonly known as the "Xiangjiang wealth grandfather".
You say, "Xiangjiang wealth master" and "Xiangjiang wealth grandfather" sit together. What's the same thing? There's a difference in generations.
Fortunately, the common name "Grandpa xiangjiangcai" should be because of Sir Gao's personal charm, so cai'an gave it to the president of the exchange fund authority. After Gao Xian failed to complete his military order and stepped down, I believe the common name "Grandpa xiangjiangcai" will disappear.
Zhai Kecheng, who could not refuse, followed Gao Xian to the press conference and heard the other party say: "next week, I will visit the respective financial management institutions of Hong Kong dollar and a package of international currencies. Will Sir Zhai Kecheng go with me?"
Zhai Kecheng shook his head weakly. "Sir Gao's going alone is enough."
Gao Xian thought for a moment, then put himself in a position and said, "yes, there are many affairs on the financial secretary's side. Sir Zhai Kecheng has worked hard enough and it's hard to separate himself."
"In this way, sir Zhai Kecheng and I can only visit London. You have to work hard. With the head of the financial secretary, it's much more convenient."
"Grandpa Cai" gave in, and "Grandpa Cai" didn't dare to push his nose and face. Otherwise, he might be accused of lazy politics, inaction and sorry for the taxpayer's money like his predecessor.
……
After the press conference, Gao Xian thanked the financial secretary of the Hong Kong government for his work support and first asked Zhai Kecheng to make a speech.
With the formal implementation of the Hong Kong dollar linked package of international currency exchange rate system, the Hong Kong government does have some matching measures, including the cancellation of interest withholding tax on domestic Hong Kong dollar deposits, so as to enhance the attractiveness of domestic Hong Kong dollar deposits to investors.
Zhai Kecheng summarized and introduced these newly launched measures, which also saved face.
Then Gao Xian, President of the exchange fund administration, introduced the hot issues including Xiangjiang development investment fund. Thanks to careful planning, the reporters' thirst for knowledge was met, and the scene was very harmonious.
Of course, there is no lack of congestion. For example, a reporter with a sharp mouth and a monkey's cheek asked the question of transparency in the work of the exchange fund authority, especially how much the balance of the exchange fund is now.
Gao Xian replied quietly, "one of the objectives of the exchange fund management bureau is to maintain transparency in its work. In this regard, the audit office and the Independent Commission against corruption, which are predecessors in the field of independent operation, have a lot of successful experience to learn from."
"However, on the other hand, in view of the complexity of reality, some work has to be done step by step."
"After the free floating of the Hong Kong dollar exchange rate in 1973, the government was faced with great pressure of hot money speculation, so it no longer published the balance of the exchange fund. There is no need to explain. I think everyone can understand."
"Now, the Hong Kong dollar linked package of international currency exchange rate system has just been officially implemented. The exchange rate of the Hong Kong dollar against the US dollar is still some distance from the target, and there is a lot of pressure on hot money speculation. I don't think it's time to show all the cards to everyone for fear that the speculators will attack imprecisely."
"As I said just now, the exchange fund belongs to Xiangjiang, not Gao Xian. I will not and dare not take it for myself. Even if some data choose not to be published temporarily, the accounts will be clear."
"I hope the people who hold on to this problem untimely are really just enthusiastic, not stupid and bad!"
Alan Greenspan looked very happy when he saw Gao Xian who went out to meet him. This was not entirely because he could continue to get a considerable consultant salary, but because he showed a sense of achievement in putting some of his academic ideas into practice.Scientific research results are inseparable from samples, but appropriate samples are often not readily available, especially in the activities of human society.Now the improved currency board system led by Gao Xian has been implemented in Xiangjiang. Gao Xian's financial authority is regarded as more than half of the Central Bank of Xiangjiang. Undoubtedly, it has increased capital for Alan Greenspan, who participated in it. Even if he gets it from the United States as a talk capital, it is comparable to other American financial elites in the United States, in the back garden of the United States - Latin American countries in sovereign debt crisis, The "shock therapy" experiment has been carried out.On the 26th floor of Xinhua people's Bank, Alan Greenspan looked at the huge office area dedicated to Gaoxian and joked: "your business positions have been let out one by one, but the busy here has not been halved. Even I feel that there are more secretaries and assistants.""This is also a learning center. Graduates take my recommendation and go outside to do specific management work." Gao Xian explained casually with a smile, "there is a president's office at the headquarters of Xiangjiang exchange fund administration, but I'm more used to entertaining old friends here."Alan Greenspan nodded if he realized something. On the academic level in the economic field, he was confident that he could be a high string teacher, but what was indispensable in how to control the huge business Kingdom, such as the power skills in the circle of Peanut Stew and Zhengzhi, would be willing to lose. Presumably, this must be a way of employing people."Next week, if the Exchange Fund Management Bureau operates smoothly, I will visit the financial management institutions of various international currencies as planned. There should be a most important speech in the United States." Gao Xian handed over a manuscript and asked sincerely, "Alan, you should help me check, but don't make a joke at that time."Alan Greenspan took over the manuscript knowingly. The so-called check is polite. With high string energy, the content of his speech will not be disconnected from that of the United States. It is true to help blow the wind in advance and pave the way.Seeing that "free flow of capital" ranked first in the main points of the manuscript, Alan Greenspan determined that it would be easy to follow suit.In the past few days, on Monday, October 10, the Hong Kong dollar linked package of international currency exchange rate system was officially implemented. The exchange rate of the Hong Kong dollar against the US dollar in Xiangjiang foreign exchange market rose to one US dollar to 8.02 Hong Kong dollars, and the correction trend was very stable.Xinhua people's Bank in Central Hong Kong Island and the listing ceremony of Xiangjiang exchange fund authority began. Leading figures of the Hong Kong government, such as Hong Kong Governor Youde, Deputy Chief Secretary Xia Dingji and Deputy financial secretary Zhai Kecheng, who actually acts as financial secretary, must all be present to witness.During the establishment of the Exchange Fund Management Bureau, the Hong Kong government seems to have made a small investment in the process. As a result, Gao Xian did not hesitate to pay out of his own pocket.If the senior executives of the Hong Kong government are not enthusiastic about this important scene, the exchange fund authority will really go farther and farther away from it.The whole ceremony was solemn and concise, which fully demonstrated how the exchange fund authority under Sir Gao worked efficiently.Next, the reporters present were invited to the press conference to communicate with the media promised before.After Gao Xian sent governor Youde and Deputy Chief Secretary Xia Dingji to the car, he grabbed Zhai Kecheng and said with a smile, "Sir Zhai Kecheng, how can you be the head of the financial secretary in the press conference."Zhai Kecheng really doesn't want to stay, because Gao Xian's reputation is at its zenith. Sitting next to him is a dull foil. It's really boring.Moreover, Zhai Kecheng also happened to hear a new talk in the market that annoyed him. It corresponds to that the financial secretary of the Hong Kong government has always been commonly known as the "Xiangjiang wealth master" by the Xiangjiang public. Now, sir Gao, President of the Xiangjiang exchange fund authority, is commonly known as the "Xiangjiang wealth grandfather".You say, "Xiangjiang wealth master" and "Xiangjiang wealth grandfather" sit together. What's the same thing? There's a difference in generations.Fortunately, the common name "Grandpa xiangjiangcai" should be because of Sir Gao's personal charm, so cai'an gave it to the president of the exchange fund authority. After Gao Xian failed to complete his military order and stepped down, I believe the common name "Grandpa xiangjiangcai" will disappear.Zhai Kecheng, who could not refuse, followed Gao Xian to the press conference and heard the other party say: "next week, I will visit the respective financial management institutions of Hong Kong dollar and a package of international currencies. Will Sir Zhai Kecheng go with me?"Zhai Kecheng shook his head weakly. "Sir Gao's going alone is enough."Gao Xian thought for a moment, then put himself in a position and said, "yes, there are many affairs on the financial secretary's side. Sir Zhai Kecheng has worked hard enough and it's hard to separate himself.""In this way, sir Zhai Kecheng and I can only visit London. You have to work hard. With the head of the financial secretary, it's much more convenient.""Grandpa Cai" gave in, and "Grandpa Cai" didn't dare to push his nose and face. Otherwise, he might be accused of lazy politics, inaction and sorry for the taxpayer's money like his predecessor.After the press conference, Gao Xian thanked the financial secretary of the Hong Kong government for his work support and first asked Zhai Kecheng to make a speech.With the formal implementation of the Hong Kong dollar linked package of international currency exchange rate system, the Hong Kong government does have some matching measures, including the cancellation of interest withholding tax on domestic Hong Kong dollar deposits, so as to enhance the attractiveness of domestic Hong Kong dollar deposits to investors.Zhai Kecheng summarized and introduced these newly launched measures, which also saved face.Then Gao Xian, President of the exchange fund administration, introduced the hot issues including Xiangjiang development investment fund. Thanks to careful planning, the reporters' thirst for knowledge was met, and the scene was very harmonious.Of course, there is no lack of congestion. For example, a reporter with a sharp mouth and a monkey's cheek asked the question of transparency in the work of the exchange fund authority, especially how much the balance of the exchange fund is now.Gao Xian replied quietly, "one of the objectives of the exchange fund management bureau is to maintain transparency in its work. In this regard, the audit office and the Independent Commission against corruption, which are predecessors in the field of independent operation, have a lot of successful experience to learn from.""However, on the other hand, in view of the complexity of reality, some work has to be done step by step.""After the free floating of the Hong Kong dollar exchange rate in 1973, the government was faced with great pressure of hot money speculation, so it no longer published the balance of the exchange fund. There is no need to explain. I think everyone can understand.""Now, the Hong Kong dollar linked package of international currency exchange rate system has just been officially implemented. The exchange rate of the Hong Kong dollar against the US dollar is still some distance from the target, and there is a lot of pressure on hot money speculation. I don't think it's time to show all the cards to everyone for fear that the speculators will attack imprecisely.""As I said just now, the exchange fund belongs to Xiangjiang, not Gao Xian. I will not and dare not take it for myself. Even if some data choose not to be published temporarily, the accounts will be clear.""I hope the people who hold on to this problem untimely are really just enthusiastic, not stupid and bad!"
