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Chapter 469: , Competition

1992, National was no military parade, so the capital was not that lively during this festival.

Even so, Luo Feng, Hu Xianxun, Wang Xueguo and Ma Bingyu still came to the Chen family in Cuihua Hutong to visit and chat.

"Hey, Old Chen, the grape tree in your yard must be thirty years old, right? No? Only twenty-eight years? No way, I have a good memory."

As soon as Hu Xianxun opened his mouth, Ma Bingyu and others started to criticize him.

When it comes to having a good memory, who here can compare to Chen Guohua?

So don’t talk about having a good memory. Chen Guohua said it was twenty-eight years, and that’s twenty-eight years.

There were several bunches of unpicked grapes hanging on the grape rack. The reason they were not picked was that they were left for Chen Xi's children.

During the Mid-Autumn Festival, only her children didn't come, so she specially left a few strings.

"By the way, Old Ma, is your eldest grandson Ma Xiangrong about to go to junior high school?" Luo Feng suddenly asked with a smile.

Everyone was delighted when they heard this and looked at Ma Bingyu.

Chen Guohua, in particular, looked at Luo Feng meaningfully.

He knew that the latter asked this question absolutely to show off his child.

"Well, I'm thirteen years old this year, the same age as Chen Ce, and I'm in junior high school." Ma Bingyu said with a smile, his expression full of pride and complacency.

Ma Xiangrong is the eldest son of his eldest brother Ma Dongchu, and also his eldest grandson.

Unlike Luo Feng, Ma Bingyu had only six children. The eldest, Ma Dongchu, got married the earliest, in 1978, and had his eldest grandson, Ma Xiangrong, in 1979.

Ma Xiangrong is also smart, almost as smart as his uncle Ma Nianhao, both are math geniuses.

Among Ma Bingyu's six children, Ma Nianhao, who was born in 1966, is his treasure and his most beloved child.

There is no way. Ma Bingyu has someone like Chen Guohua by his side, so of course he has to follow Chen Guohua.

Look at the children in Chen Guohua's family, the second generation including Chen Wei, Chen Si, Chen Xi and Chen An. These four children are all very talented and none of them is untalented.

Of course, Yu Moli is pregnant now and the baby hasn’t been born yet, so no one knows what’s going on.

There are currently three children in the third generation. There is no need to mention Chen Ce. Ma Bingyu and Luo Feng all know that this kid is very capable. When he was only twelve years old last year, he had already shown extremely amazing business talent.

Before last year, everyone knew that Chen Ce had a high talent for mathematics and physics, but he was just a child after all. Although everyone was amazed, that was all.

But after last year, when everyone knew that Chen Ce had such a great ability to make money, they looked at him differently.

One is just a talented teenager, while the other is a business talent who can already earn hundreds of millions of RMB. The two cannot be compared.

As for the two children, Chen Qi and Chen Zhongshou, it is still unclear at the moment. Anyway, the fact that the two brothers made money through quantitative trading has not been leaked out, and Ma Bingyu and others don’t know about it yet.

In fact, the places where Ma Bingyu, Luo Feng, Wang Xueguo and others live are not far from Chen Guohua's home.

However, Chen Guohua was in a high position after all, and he had not been in the capital recently, so they did not come to visit him often, and naturally they did not know about Chen Qi and the others.

"That's right. At thirteen, he should be in middle school. My eldest grandson is eleven years old this year and started middle school last month."

When Luo Feng heard this, he immediately started bragging.

His eldest grandson, Luo Haidong, is eleven years old, which is definitely not the age for junior high school. However, this child is talented, self-taught, has written many children's stories, and was specially recruited.

"Haha, I knew you would show off your eldest grandson, and I was right."

Upon hearing this, Chen Guohua burst into laughter.

Just at this time, Yu Moli, Chen Si, and their mother and daughter came to the yard for a walk, saying that they were going for a walk outside.

Chen Guohua, who was about to get up, was called back by his daughter Chen Sibo, who told him to just stay by himself.

After watching the mother and daughter leave, Chen Guohua heard Ma Bingyu and others complaining about Luo Feng.

When everyone was chatting and laughing, Chen Qi suddenly appeared again.

The little fellow briefly greeted the adults and then asked his grandfather for the use of the study.

"You have your own computer room, so why do you want to use my study?" Chen Guohua asked with a smile.

Ever since he took the initiative to expose at home the fact that the three brothers Chen Qi made a lot of money through quantitative trading, brothers Chen Wei and Chen An have been very supportive of their actions.

After all, the current situation of the three brothers Chen Ce, Chen Qi and Chen Zhongshou is no different from that of adults, or even worse.

In short, they have a certain degree of self-control, so they can no longer be treated as children.

Since this is the case, the family no longer sets those rules for them.

Of course, this does not mean that they can do whatever they want.

The Chen family has many houses in Cuihua Hutong. Chen Qi and his family sometimes need to work from home, so they renovated their rooms and arranged better network and power supply.

These are points that must be changed.

"Grandpa, your study is the best. It has the most stable and fastest internet speed. If I am delayed by one or two seconds, I may lose a lot of money."

The little guy took the study key from his grandfather and left happily.

As soon as he left, Luo Feng and the others started asking curiously, asking if the little guy was playing games or something.

"I don't play games, Grandpa Luo!" Chen Qi went to the living room and came back to explain with a smile:

"I want to make money, Grandpa, you guys can chat."

"Making money?" Ma Bingyu and the others immediately became suspicious and looked at Chen Guohua and said, "Old Chen, your Xiao Qi is only eight years old. How can he make money at such a young age?"

Hu Xianxun, Luo Feng, and Wang Xueguo also looked at him with doubt. An eight-year-old child can make money on his own?

"Hey, don't underestimate the kids nowadays. They are much smarter than us." Chen Guohua laughed when he heard that.

He didn't mean to show off, but Ma Bingyu and the others had said so. If he didn't talk to them, he would definitely not be able to win the argument.

And he only speaks halfway, which is quite annoying.

So, when Ma Bingyu, Hu Xianxun, Luo Feng and Wang Xueguo learned that Chen Guohua’s three grandsons had earned tens of millions or even hundreds of millions of US dollars through quantitative trading, they were immediately filled with disbelief.

My goodness, he’s only eight years old, how can he be so powerful?

That's hundreds of millions of US dollars, not cheap currency units like Vietnamese Dong, but a huge amount of money equivalent to 350 million RMB. It's simply unbelievable.

"Old Chen, are you sure that this is the money your grandchildren earned independently? And you are not training them behind the scenes?"

Luo Feng still couldn't believe it and raised his own doubts.

At this moment, his head felt like it was about to explode and he felt that all his three views had been greatly challenged.

Ma Bingyu and the other three were not in a much better condition. Their expressions at this moment were very interesting. They stared straight at Chen Guohua, hoping that the latter would say: Are you kidding? I was kidding you!

Although they have a very good relationship and are as close as brothers, they have often compared themselves with each other over the past few decades.

Therefore, they actually don't want Chen Guohua to surpass them too much.

As the only major individual shareholder of Sinovac Biotech, Chen Guohua receives considerable dividends every year, so it is not unreasonable for Luo Feng to ask this question.

"How could I do such a thing? We have been friends for so many years, you know me well."

After a pause, Chen Guohua continued:

"I know it's really hard for you to accept this fact. To be honest, I was also surprised for a long time when I first learned about all this. After all, making so much money in such a short period of time is a great test of one's intelligence, brainpower, reaction ability, execution, etc."

"Not to mention an eight-year-old child, even an adult who can do this is already a rare talent."

After hearing what Chen Guohua said, Luo Feng was immediately stunned.

After comparing them, his eldest grandson Luo Haidong is still too bad and can't compare at all.

The quantitative trading that Chen Qi came up with this time and the highly groundbreaking Qicheng Capital are enough to prove everything.

As the saying goes, the pupil surpasses the master, it is nothing more than this.

After a long while, Luo Feng, Wang Xueguo, Ma Bingyu and others finally accepted this fact.

But I was also hit hard and didn't mention it again in the following conversation.

Moreover, when Gu Baishun, Wang Dingzuo and Sun Shubo came to visit, they knew that they wanted to talk to Chen Guohua about work, so Luo Feng and his three companions tactfully withdrew first.

After Luo Feng and the others left, Chen Guohua looked at Wang Dingzuo and the other three curiously and said:

"It's really strange that you all came here together. Did something happen?"

Gu Baishun and the other two looked at each other. Wang Dingzuo and Gu Baishun sat down without saying anything. Instead, Sun Shubo took the initiative to speak:

"It's like this, Director Chen, the economic report for the third quarter of this year has come out, and we found a problem."

In fact, since the spring and summer of this year, our domestic manufacturing industry has been suppressed to varying degrees, and many factories can no longer get orders.

The reason for this is that the competition is greater.

First of all, there are many types of manufacturing. For heavy industry manufacturing products such as steel, automobiles, etc., the situation is not serious because their exports account for a relatively small proportion and most of their sales are domestic.

However, the export share of light industrial manufacturing products such as clothes and shoes has declined significantly.

Before 1978, China already had light industrial manufacturing products such as textiles, home furnishings, toys, leather, and sewing. Most of these products were semi-processed and transported to white-glove companies in Europe and the United States by Dark Night King and then sold to Qian Duo Duo Supermarket, Walmart and the like.

It can be said that an industrial closed loop has been formed.

The one-stop service in production, sales and other links is fully taken care of by domestic and foreign companies, and there is no need to worry about being monitored.

Because these products are of high quality and low price, they are very competitive overseas.

After the reform and opening up in 1978, many domestic export products were no longer semi-processed, but fully processed into commodities before being exported and sold.

This also means that it is necessary to compete with other similar products.

The product sources of Qianduoduo Supermarket and other stores are already fixed, and there has not been much change.

On the contrary, after the reform and opening up, many private manufacturing companies wanted to export overseas to earn foreign exchange, but accidents followed.

China had not yet joined the WTO at that time, so it was extremely difficult to export many products.

For example, a company in the Maple Leaf Country may want to find a factory in our country to produce woolen textiles. They may need an order of 100,000 pieces, but the price is very low.

Just because these woolen textiles enter the Maple Leaf Country market, higher tariffs need to be imposed.

That's the trouble.

We can't say that our domestic products, which are of high quality and low price, only cost one RMB, will also cost the same in the Maple Leaf Country, right?

This will certainly have a huge impact on the local wool textile industry in the Maple Leaf Country, which involves the issue of local protection.

From the reform and opening up in 1978 to 1992, this entire trade process has actually been going on for nearly fourteen years.

However, this year is a little different, simply because the bastard Tang Dake has taken the position of class monitor.

Although Chen Guohua and others had already considered this, they had already let the Eagle Sauce be deeply involved in internal and external troubles in the Middle East.

However, in fact, Tang Dake will not completely ignore the situation in our country because of this.

Imposing additional tariffs is just one of the means, and there are also the dollar tide and so on. These are all means that can be used. There is no other way. Tang Dake and others are really coveting the US dollar foreign exchange that our country has earned in the past fourteen years.

In the original time and space history, in 1992, our country's foreign exchange reserves were billion US dollars, of which the spot balance was billion US dollars and the bank position was billion US dollars.

However, this time and space is already very different.

In 1992, we had already reached US$758 billion in foreign exchange reserves, US$407 billion in foreign exchange reserves, and US$351 billion in bank positions.

The huge volume of 700 billion US dollars far exceeds that of 2004 in the original time and space, and is not far from the foreign exchange reserves of billion US dollars in 2005.

The reason is that Chen Guohua established and protected many factories after 1960.

These factories were very well protected before 1978, which is one of the reasons why companies such as Qianduoduo Supermarket and Walmart Supermarket were able to dominate the world.

In addition to factories, the system for training professional talents also continued. Therefore, after 1978, these industries that had been suppressed for many years entered a period of explosive growth.

In the past fourteen years, a lot of wealth has been created, which is why Tang Dake and his group coveted it. (End of this chapter)

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