Reborn in Hong Kong: The Tycoon Grows Up

Vol 2 Chapter 585: Internal meeting

Latest website: Before I knew it, it was already night, and Aisha hurriedly called a few people over for dinner. The important thing is not as important as the body, not to mention that a consensus has been basically reached, and a lot of information needs to be sorted out. Crown Prince Abdullah and Prince Sultan will also say hello to other Saudi executives to see how the shares will be distributed.

It's easy to talk about Heiyun Group, but it's just a matter of Bao Zixuan's forehead. The Saudi side will definitely have a meeting to discuss, who makes so many members of the royal family!

After dinner, Prince Sultan and Crown Prince Abdullah went directly to the palace. At this time, only Bao Zixuan and Aisha were left in the villa. Before leaving, Sultan said with a smile, "I won't come here at night, you guys have a good rest."

Hearing such ambiguous words, both Bao Zixuan and Aisha were embarrassed to answer. It's not that the Saudis are very conservative, why is Prince Sultan still talking like this, so it seems that the richest man in Bao is similar to Tang Shengrou.

Both of them were blushing. After Sultan left, there was a strange feeling in the living room. Bao Zixuan knew that there would be a problem if he didn't return to the room, so he quickly said to Aisha, "There is still work to be done, so we need to prepare materials for tomorrow's negotiation."

How to say that the other party is also a princess, it is impossible to be so reserved; just like this, the richest man missed another good opportunity.

After Prince Sultan and Crown Prince Abdullah came to the palace, they saw that all the royal power holders had arrived. They were all waiting for them at this time. After sitting down, the crown prince gave a look, and Prince Sultan immediately understood.

Prince Sultan: "This afternoon, Crown Prince Abdullah and I discussed with Bao Zixuan for a long time, and basically figured out the funds needed to invest in various projects."

"According to preliminary calculations, Saudi Arabia needs to spend 30-35 billion US dollars every year to meet the minimum requirements. This amount is too large, and it is not something that can be decided by one or two people. Therefore, I asked you to come and discuss it and see if you have any what idea."

Hearing this number, the Saudi royal family, who is used to the life of local tyrants, feels a little difficult. At present, the entire Huaxia foreign exchange reserves are less than 10 billion US dollars, which means that the Saudi royal family has to spend 3 Huaxia foreign exchange reserves every year.

This amount of money is estimated to be available to only a few countries; if Saudi Arabia comes up with the money. Other aspects will definitely be restricted, and the standard of living of the royal children will drop a lot.

At this time, a prince said: "With so much investment, who will guarantee our lives."

This is a topic of concern to many people, but also to some people who feel relentless. There are too many moths in the royal family, but it's common. It's not good to talk too much, there are some things that the king doesn't talk too much about. It's all about oil, and getting rich isn't necessarily a good thing.

Crown Prince Abdullah: "Life is still the same, can't everyone survive if there is less funding for members of the royal family!"

"It is because the members of the royal family live too well that many people have nothing to do. Now, what is the image of the Saudi royal family in the world, you don't know. When it comes time to change, if you don't change, you can count on them to lead the country."

In fact, Crown Prince Abdullah knew that saying this would offend many people. Even the crown prince's position may not be preserved, but he knows that Sultan cannot be under too much pressure by himself, and it is more beneficial for the country to make Sultan the crown prince. The rulers of the Saudi royal family are all brothers, and their feelings are still very deep.

Crown Prince Abdullah continued: "When we went to find Bao Zixuan at noon, do you know what they were doing!"

"I inspected the work on the construction site and learned about the progress of the project. I got up early to work, and it is estimated that this evening will definitely finish the afternoon negotiation. This is people's work attitude and efficiency, but looking at our sons and nephews! Everyone knows that their wealth is no less than that of the entire Saudi royal family. The future development prospects are even broader, and they can still work so seriously. Can the children of the royal family do it!"

"There is no harm if there is no comparison. If any one of the royal family's children can have half of Bao Zixuan's ability and work attitude. I will definitely abdicate and give up the position of the crown prince to him."

"But no, the entire Saudi royal family can't find one. This is the gap. The world is developing very fast. If we don't work hard, will there be hope for the future of the Saudi royal family!"

Basically all royals know what's wrong, but it's hard for them to change. I have been in my comfort zone for a long time, and I have lost a lot of fighting spirit.

The Saudi economy minister suddenly said: "The treatment of members of the royal family is an internal issue, which is easy to solve. But how can the United States negotiate? If the investment is so large every year, there is no way to buy U.S. Treasury bonds."

Back in 1974, the newly appointed U.S. Secretary of the Treasury embarked on a two-week trip to the Middle East from Andrews Air Force Base. Officially, the US Treasury secretary's two-week trip was billed as economic diplomacy to Europe and the Middle East, but its true mission was kept strictly secret from the outside world. In fact, the trip focused on a four-day layover in the Saudi coastal city of Jeddah.

After the end of the gold standard in the 1970s, the oil crisis hit the United States hard. Inflation soared, the dollar fell, the stock market crashed, and the U.S. economy took a nosedive. The goal of the US treasury secretary's visit is to find a way to persuade Saudi Arabia to use its petrodollar wealth to narrow the US trade deficit. According to the US Treasury Secretary, "it is not a question of whether it can be done", and the then US President Nixon had clearly instructed that this trip should only be successful and not allowed to fail. Because failure would not only jeopardize America's finances, it would also open the door for the former Soviet Union to further enter the Arab world.

As Nixon instructed, the United States reached an "unshakable" agreement with Saudi Arabia, the world's largest oil producer, in which the United States agreed to supply Saudi Arabia with arms and equipment on the condition that the dollar be the sole pricing currency for oil transactions. In return, Saudi Arabia used tens of billions of petrodollar revenues to buy U.S. Treasuries to support U.S. finances. Since Saudi Arabia is the largest oil producer in the Organization of the Petroleum Exporting Countries (OPEC), other members are also quick to use the dollar for oil transactions. Since then, the U.S. dollar has been closely linked to oil, and the two have been drawn an invisible equal sign. Any country that wants to trade oil must have enough U.S. dollar reserves. The petrodollar system was thus established.

It is through the "oil-dollar" system that the United States makes the US dollar still the US dollar, and it has become the settlement currency of international trade. And the big reason why the dollar doesn't depreciate is because Saudi Arabia buys a lot of U.S. Treasury bonds; now Saudi Arabia invests more than $30 billion a year for its own development. The issue of the US national debt is not easy to handle, and the relationship that has been established with great difficulty will break down in an instant.

The King of Saudi Arabia knew that he was required to take a stand, and it was time not to just let Crown Prince Abdullah and Prince Sultan charge. So he stood up and said, "We are the Saudi royal family, not the Americans. We bought a lot of U.S. Treasury bonds because there were no other good projects to invest in, and it was more to stabilize our relationship with Americans."

"But everyone has seen it, no matter what we do. Saudi Arabia is always inferior to Israel in the hearts of Americans, and Saudi Arabia should live for itself."

"However, the contradiction cannot be directly intensified. It should be about the same as buying about 1 billion per year. You need to be **** yourself. You can't become an industrial power by buying high-tech products, and you can't become a military power."

"We have purchased so many so-called advanced weapons in the United States and France, but have they really made us stronger!"

"Black Cloud Group has established two factories in Saudi Arabia, which is sincerity. The European and American countries will build factories in Saudi Arabia, but there is currently no one. Ground effect aircraft is one of the most advanced weapons in the world. It will be produced in Saudi Arabia in the future, and then fly all over the world."

"I think the black cloud plane last time is very good. Saudi Arabia can introduce it. It is best to build the production line in Saudi Arabia. These are the industrial supports that our powerful country needs."

The king's words had already settled the matter, and everyone didn't know how to refute it. After all, Saudi Arabia is not powerful, and the royal family will only be a local tyrant in the world.

At this time, the Saudi foreign minister said: "What about the Arab brothers in Iraq~www.readwn.com~ If the investment is so large every year; the support for them will definitely decline."

This is another difficult problem. All Arab countries in the Iran-Iraq war sided with Iraq. This is an indisputable fact, after all, they are brother countries.

But every year, huge sums of money are invested, so how can you support Iraq? At best, Saudi Arabia supports it economically, but will not send troops there. That would intensify the conflict, and at the same time the combat effectiveness of the Saudi soldiers would not be of much help.

Prince Sultan, as the head of the military, said: "We can support some of Iraq's existing weapons. We have a lot of stocks before. This time I went to the Soviet Union to buy humus, and I can buy some weapons back by the way, and I will not let them. The Soviets suspected Saudi motives."

Hearing that everyone here feels that the plan is feasible, the price of Soviet weapons is relatively low; the price is more cost-effective. And in the end whether to buy weapons or buy humus, the Soviets could not understand.

It is more believed that Saudi Arabia is buying weapons, and humus is at most a means of concealment. In that way, the Soviets would not set the price of soil high. When they understand it, it is estimated that Saudi agriculture has already taken shape.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like