Rebirth 1984: Starting from the development of Hanka

Chapter 342 The choice of Brazil’s Vale
The United States did not expect the RMB to rapidly conquer cities in Africa. After all, no one has dared to challenge the hegemony of the US dollar for a long time.

The yen doesn’t work, and neither does the euro.

The Euro, which was so prominent back then, has now been completely defeated by the US dollar.

However, today is different from the past. With the rise of China's economy, the RMB has gradually become a mainstream trend in the international financial market. This trend is unstoppable.

China has used its strength to prove that without the dollar on the earth, it is still spinning!

In fact, the world has been suffering and "beautiful" for a long time!
The United States has abused the hegemony of the US dollar to harvest the assets of other countries and impose sanctions. In order to avoid damage to their interests, it has gradually become a general trend for countries around the world to choose sovereign currencies that are more stable and maintain their value.

Zhao Ye continued to say to Zhou Anping: "Appropriately increase investment in the African financial market. Once such a huge Africa rises, it will definitely have great prospects. We must seize the opportunity ahead of other companies!"

After all, China's large-scale investment in Africa will inevitably drive Africa's development.

If Galaxy Financial Group plans to deploy in Africa as soon as possible, it will not go wrong.

Zhou Huicheng heard this and nodded, indicating that he understood.

Due to the influence of Wujiang Group, it is difficult for Galaxy Financial Group to gain a foothold in Western countries.

Western countries are too vigilant and regard the Galaxy Financial Group as a scourge, fearing that the Galaxy Financial Group will threaten their financial sector.

However, Galaxy Financial Group has established a firm foothold in Asia, South America and Africa, becoming an internationally important financial giant.

……

As China embarks on infrastructure construction in Africa, many iron ore mining companies are increasingly feeling a sense of crisis.

Brazil's Vale is a giant in the global iron ore supply chain, and many of the raw materials used by Chinese steel companies come from Vale.

Seeing China obtaining more and more iron ore from Africa, Vale finally became uneasy.

"China has invested heavily in Africa, including building railways, ports, etc., almost all of which are preparing to develop mines in Africa! Once the railway is opened to traffic in the future, a steady stream of iron ore will be transported out of Africa. By then, China will The import of iron ore from other regions will inevitably be reduced..." Roy Bob, the president of Vale, frowned and said solemnly.

Other Vale executives couldn't help but nod.

"Yes, the general trend cannot be stopped at all! But fortunately, China is developing very fast, and the amount of iron used is increasing every year. In the short term, I think there will be no reduction in iron ore imports, but in the long term , China will definitely import iron ore from Africa as much as possible!"

"Australia is the closest to China, and the quality of its iron ore is very high. It can be said that Australia's iron ore has great advantages over our Brazilian iron ore! China is a very important customer of our Vale company. Once lost, it will cause unimaginable huge losses to the company! Therefore, my idea is that it is time to establish a good relationship with China, provide preferential prices for iron ore, and sign a long-term and stable iron ore agreement with China. Stone supply contract! Even if China wants to reduce its iron ore imports in the future, it will only reduce Australia’s share of iron ore exports!”

"That's right! We will not be as short-sighted as Australia's iron ore companies. What's more, we are still relatively far away from China and are naturally at a disadvantage. Therefore, we must play the emotional card with China. China is a great country. Where are they? There is a very famous sentence, which is called 'a drop of kindness should be repaid by a spring.' If we make some concessions to China in terms of iron ore now, we will definitely gain China's friendship in the future. I think this aspect is very important!"

"I agree!!! China is already the world's largest economy, a world power comparable to the United States, and will definitely surpass the United States in the future. I think it is very necessary to have good relations with such a powerful country!"

"..."

The executives of Brazil's Vale have always believed that it is time to put aside their prejudices, show goodwill, and embrace the Chinese market.Now it is a timely help, but in the future it will be just the icing on the cake.

Don't wait until China no longer needs you so much that you wake up. By then it will be too late.

Soon, Vale sent people to contact China and expressed its willingness to reduce the price of iron ore, hoping to obtain long-term and stable orders from China.

When China heard the good news, it was naturally overjoyed and immediately sent people to negotiate with Brazil's Vale.

After the negotiation started, the two sides talked very harmoniously.

China soon decided to increase its iron ore imports from Brazil's Vale and signed a long-term contract with the Brazilian company.

After the contract was signed, Brazil's Vale could not help but breathe a sigh of relief...

The news that Brazil's Vale's iron ore was being sold to China at a reduced price soon reached the ears of Australian iron ore companies.

"Those idiots in Brazil are so stupid that they have also affected us! China once again asked us to lower the price of iron ore! Haha, no way!"

A portly blond white man smoked a cigar and said with disdain, "The price of iron ore has been rising over the years. How can there be any reason to lower the price? Moreover, China is developing so fast, and the import volume of iron ore is increasing every year. If it increases, of course we can’t lower the price.”

The other mine bosses laughed loudly. They all smoked cigars, lived in luxurious villas, and enjoyed massages from beautiful women. They were extremely comfortable and comfortable, and all of this came from exporting high-priced iron ore to China.

If the price of iron ore decreases, their quality of life will also decrease, and of course they are not willing to do so.

Refuse!

Australia unceremoniously rejected China’s request!
In this regard, China can only secretly note it.

At present, because China is constructing high-speed rail and uses a large amount of iron, and iron ore mining in Africa is not easy, Australia's iron ore imports have not been reduced for the time being.However, there will come a time when China does not need so much steel. By then, one can imagine the consequences for Australia's iron ore companies...

Zhao Ye couldn't help laughing when he saw Australia rejecting China's request again.

He feels that Australia is really blinded by greed, and perhaps it has become accustomed to playing tricks on China over the years, and is a bit arrogant.

Of course, Zhao Ye is happy to see this happen.

Australia is also the biggest competitor of Galaxy Mining Group. The more stupid Australia is, the happier Zhao Ye is.

In this way, China will purchase more ore from Galaxy Mining Group.

"When a person's greed reaches a certain level, it is equivalent to self-destruction..." Zhao Ye murmured to himself and couldn't help but sigh.

(End of this chapter)