Chapter 267: 267
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In these separate rooms, there are a large number of old objects. It is estimated that there must be at least hundreds of them.
The two largest old objects attract Yang Jing's attention most.
"Is this, is this Luohan bed made of small leaf red sandalwood? Or in the Ming Dynasty?" Yang Jing asked excitedly when she touched the dark bed.
The appraisal results given by the holy ring prove that the bed in front of us, which is a little similar to the modern double sofa style, is a arhat bed built in the Jiajing period of the Ming Dynasty, or made of small leaf red sandalwood.
Peter Wu put up a thumb at Yang Jing, smiled and said, "the boss is really good at seeing. He can see the origin of this Luohan bed at a glance. Yes, this Luohan bed is indeed a bedding of the Ming Dynasty. I asked someone to identify it before I bought it."
"How much is this bed?"
"It's cheap and scary. I collected this arhat bed and that Babu bed from a waste purchase station. The Huanghua pear Babu bed of the Ming Dynasty and this arhat bed cost me more than 300 yuan..."
Yang Jing is also completely speechless. It's better to say something about the yellow pear walking bed, but this small leaf red sandalwood Luohan bed is really a rare treasure. This is a arhat bed made of small leaf red sandalwood. It's not made up of small materials.
Although the small leaf red sandalwood used to make this bed is not as big as the material used for the red sandalwood book case of Lord Qianlong, it is definitely not small. If it was placed in the original time and space, this arhat bed alone would be invaluable.
Seeing that Yang Jing did not speak, Peter Wu explained: "When Mr. Allah told me to buy more old things in Yanjing, he once told me to pay more attention to those waste collection stations. My God, I didn't expect that there were so many good things in the waste collection station in Yanjing. Not only old furniture, some ancient bronze, iron and even celebrity calligraphy and painting can be seen there."
Peter Wu pointed to another room and said, "this room is full of calligraphy and paintings I bought from the boss of the waste purchase station. Those bosses also understand that these ancient calligraphy and paintings are valuable, so they are kept separately. These calligraphy and paintings cost a lot more than those in their hometown."
Yang Jing looked over and found that there were many picture tubes in the room. Peter Wu must have put them in the picture tube after he received them.
Yang Jing resisted the desire to open those painting tubes. Looking, she said faintly: "These ancient calligraphy and paintings must be protected. They can't be put in the painting barrel for a long time. They should be hung for two or three months a year. It's best to hang them in the dark place of the main room. Well, your identity is different now. You can ask experts from the National Palace Museum to come and have a look at these paintings. They should be repaired, mounted and preserved But you don't have to tell them the origin of these calligraphy and paintings. If they ask, you say you received them from your friends. "
Peter Wuneng was chosen by Mike aller as the person to preside over the work in Yanjing. Naturally, he was a very clever person. When he heard the speech, he knew what his boss meant and nodded to understand.
In the late 1970s and early 1980s, the waste collection stations in Yanjing can be said to be Taobao paradise for antique lovers. Those waste collection stations, especially the large state-owned waste collection stations, often contain many amazing old objects.
In fact, someone is already robbing Yang Jing for business. For example, Ms. Chen Lihua, who is respected as the "red sandalwood king" in later generations, is quietly purchasing red sandalwood and mahogany old furniture, of which the waste purchase station is one of the main sources of her purchase.
And old man Ma Weidu, like Ms. Chen Lihua, is quietly buying old things.
However, the vast majority of antique lovers have not yet set their eyes on these waste purchase stations. It will take a few years before they will notice that the original places where waste products are in full bloom are actually the biggest treasure land.
These things were told by Yang Jing when he was a child. At that time, Yang had not left and worked in the Palace Museum. Naturally, men qinger was concerned about these things.
It was for this reason that Yang Jing did not hesitate to shuttle to the Cayman Islands in 1980 to earn foreigners' money through London gold, then set up the Dragon Fund, asked Mike Allah to find someone to invest in the three North Shelterbelt in Yanjing, added a tall enough identity to the Dragon Fund, and then let the people in charge of the Dragon Fund buy these old objects in China.
If you don't take it yourself, someone else must take it away. Moreover, you don't buy these old objects for sale. As long as you buy these precious antique stationery, their only end is to enter your own private museum.
"Pete, is there enough money to buy these things?" Yang Jing asked Pete Wu when she went back with great satisfaction after reading the old things in these rooms.
"Boss, it's OK. I don't know if I don't come to Yanjing. These old things in Yanjing are really cheap and scary. Especially now I buy these things with foreign exchange certificates, which is very popular."
"Boss, our dollars can't be used directly in Yanjing. Unless it's a large amount of dollars like buying a house and investing last year, we can directly connect with Huaxia's banks. Otherwise, the general consumption of dollars has no place here. We can only go to the bank to exchange for the foreign exchange certificates that began to circulate on April 1 last year, and then use these foreign exchange certificates to consume. No This kind of foreign exchange certificate seems to be easier to use than the US dollar and more popular than the national currency. However, we seem to suffer a little from using foreign exchange certificates to buy things. "
Yang Jing waved her hand and said, "you are a Chinese American. You must know that there is an old saying in China called 'loss is blessing'. Remember, Peter, we are outsiders. If we want to gain a foothold in Yanjing, a small loss is nothing. Moreover, as your boss, I can afford it."
"I see, boss."
Yang Jing understands what Peter Wu said about suffering losses, but Yang Jing knows better that such small losses are very necessary.
At the beginning of the reform and opening up in the 1970s and 1980s, there were many things with Chinese characteristics. The most famous is the "dual track system". Not only all kinds of materials have the "dual track system", but also foreign exchange, which is related to the most basic level of the country, also implements the "dual track system".
For example, in 1981, the official exchange rate of the US dollar against the national currency was 1:1.7, but there was an internal exchange rate in China, which was 1:2.8.
The reason for this situation is also directly related to the national conditions at that time.
At that time, the country was extremely short of all kinds of materials, and the foreign exchange reserves were pitiful. Because the foreign exchange reserves were small and the number of domestic national currencies was large, this led to the emergence of this dual track exchange rate system.
Especially in the late 1970s, with the development of tourism in China, foreign economic and cultural exchange activities were also increasing, and more and more foreigners came to China. At that time, China implemented a unified national currency market and prohibited the circulation of foreign currencies in China. Foreign currencies could not be directly exchanged with national currencies. In order to facilitate the consumption of foreigners, overseas Chinese, Hong Kong, Macao and Taiwan compatriots in China, Huaxia Bank has issued foreign exchange certificates since April 1, 1980.
Therefore, in that era, a "currency" that was not a currency appeared in China, which was very popular in that era.
The emergence of foreign exchange certificates has led foreigners to go to Huaxia Bank to exchange foreign currencies into foreign exchange certificates according to the exchange rate at that time. The denominations are 100 yuan, 50 yuan, 10 yuan, 5 yuan, 1 yuan, 5 jiao and 1 jiao. The denomination is equivalent to the national currency. It is not allowed to report the loss.
Although its face value is equivalent to the national currency, it is much more than the national currency. At that time, the supply of materials in China was very tight. Shopping needed tickets. When buying rice, food tickets and cloth tickets, it was not only expensive, but also the supply was very small. Some people queue up at the door of the store all night to buy a color TV. However, if you use foreign exchange certificates, you will save such trouble. It itself is the combination of tickets and currencies. When you shop with foreign exchange certificates, you don't have to show your tickets. Because of this, foreign exchange certificates are highly fried on the black market. At the highest, 1 yuan of foreign exchange certificates can be exchanged for 5 yuan of national currency.
For example, if Peter Wu wants to exchange foreign exchange certificates in Huaxia Bank, he can only exchange them according to the official exchange rate at that time, that is, 100 US dollars can only be exchanged for 170 foreign exchange certificates. If Peter Wu purchases these old objects with foreign exchange certificates instead of national currency, he can only consume them according to the real currency value of the foreign exchange certificates.
For example, Peter Wu took a fancy to a Huanghua pear armchair in the Qing Dynasty. This armchair only sold 20 national dollars in this era, so Peter Wu needed to take out about 11.7 yuan of foreign exchange certificates to buy this Huanghua pear armchair.
But if the 11.7 yuan foreign exchange certificate is sold to those who pour foreign exchange on the black markets such as friendship store and Yabao Road, how many national currencies can it be sold? About 40 to 50 national dollars!
In other words, if Peter Wu uses foreign exchange certificates to buy the Huanghua pear armchair, he will probably lose 20 to 30 national dollars!
At that time, 30 national currency was equivalent to a worker's monthly salary, which was enough for a family of three to eat and eat a month.
This kind of loss, if strictly calculated, is not small.
But even if it is not small, Yang Jing will suffer this loss. Yang Jing knows how huge the amount of US dollars in her hand is. In this era, US $1.6 billion is more than half of all the foreign exchange reserves of China.
In 1981, China's foreign exchange reserves were only $2.708 billion!
If Yang Jing puts out these US dollars in her hand and converts them into foreign exchange certificates, China will naturally welcome them with both hands high. However, if she converts the foreign exchange certificates from the black market into national currency according to the exchange rate of the black market, even if it is only one tenth, it will also cause great turbulence in China's economy.
This is absolutely not allowed by the Chinese government!
Yang Jing knows very well that if he dares to do so, the state will definitely expel himself and his people without hesitation. I'm afraid it's absolutely impossible to enter China as Michael Lynch in the future.
Therefore, this seemingly glorious thing must not be done. Foreigners like Peter Wu, who ostensibly hold a large amount of dollars, will definitely be closely monitored in this era. Once he dares to do something extraordinary, the state will be merciless.
Besides, Yang Jing never thought of doing so. My money is earned from foreigners, and then I use it in China, which is short of foreign exchange. Although I suffer some losses, compared with my huge wealth, this loss is not even a dime. And eating this kind of loss can also make the country look up to you. Why not?
Yang Jing thought it was very cost-effective to turn a blind eye to the state's purchase of old objects in exchange for such losses.
A deficit of tens of millions of dollars in this regard is nothing for Yang Jing.
Please report us if you find any errors so we can fix it asap!
In these separate rooms, there are a large number of old objects. It is estimated that there must be at least hundreds of them.
The two largest old objects attract Yang Jing's attention most.
"Is this, is this Luohan bed made of small leaf red sandalwood? Or in the Ming Dynasty?" Yang Jing asked excitedly when she touched the dark bed.
The appraisal results given by the holy ring prove that the bed in front of us, which is a little similar to the modern double sofa style, is a arhat bed built in the Jiajing period of the Ming Dynasty, or made of small leaf red sandalwood.
Peter Wu put up a thumb at Yang Jing, smiled and said, "the boss is really good at seeing. He can see the origin of this Luohan bed at a glance. Yes, this Luohan bed is indeed a bedding of the Ming Dynasty. I asked someone to identify it before I bought it."
"How much is this bed?"
"It's cheap and scary. I collected this arhat bed and that Babu bed from a waste purchase station. The Huanghua pear Babu bed of the Ming Dynasty and this arhat bed cost me more than 300 yuan..."
Yang Jing is also completely speechless. It's better to say something about the yellow pear walking bed, but this small leaf red sandalwood Luohan bed is really a rare treasure. This is a arhat bed made of small leaf red sandalwood. It's not made up of small materials.
Although the small leaf red sandalwood used to make this bed is not as big as the material used for the red sandalwood book case of Lord Qianlong, it is definitely not small. If it was placed in the original time and space, this arhat bed alone would be invaluable.
Seeing that Yang Jing did not speak, Peter Wu explained: "When Mr. Allah told me to buy more old things in Yanjing, he once told me to pay more attention to those waste collection stations. My God, I didn't expect that there were so many good things in the waste collection station in Yanjing. Not only old furniture, some ancient bronze, iron and even celebrity calligraphy and painting can be seen there."
Peter Wu pointed to another room and said, "this room is full of calligraphy and paintings I bought from the boss of the waste purchase station. Those bosses also understand that these ancient calligraphy and paintings are valuable, so they are kept separately. These calligraphy and paintings cost a lot more than those in their hometown."
Yang Jing looked over and found that there were many picture tubes in the room. Peter Wu must have put them in the picture tube after he received them.
Yang Jing resisted the desire to open those painting tubes. Looking, she said faintly: "These ancient calligraphy and paintings must be protected. They can't be put in the painting barrel for a long time. They should be hung for two or three months a year. It's best to hang them in the dark place of the main room. Well, your identity is different now. You can ask experts from the National Palace Museum to come and have a look at these paintings. They should be repaired, mounted and preserved But you don't have to tell them the origin of these calligraphy and paintings. If they ask, you say you received them from your friends. "
Peter Wuneng was chosen by Mike aller as the person to preside over the work in Yanjing. Naturally, he was a very clever person. When he heard the speech, he knew what his boss meant and nodded to understand.
In the late 1970s and early 1980s, the waste collection stations in Yanjing can be said to be Taobao paradise for antique lovers. Those waste collection stations, especially the large state-owned waste collection stations, often contain many amazing old objects.
In fact, someone is already robbing Yang Jing for business. For example, Ms. Chen Lihua, who is respected as the "red sandalwood king" in later generations, is quietly purchasing red sandalwood and mahogany old furniture, of which the waste purchase station is one of the main sources of her purchase.
And old man Ma Weidu, like Ms. Chen Lihua, is quietly buying old things.
However, the vast majority of antique lovers have not yet set their eyes on these waste purchase stations. It will take a few years before they will notice that the original places where waste products are in full bloom are actually the biggest treasure land.
These things were told by Yang Jing when he was a child. At that time, Yang had not left and worked in the Palace Museum. Naturally, men qinger was concerned about these things.
It was for this reason that Yang Jing did not hesitate to shuttle to the Cayman Islands in 1980 to earn foreigners' money through London gold, then set up the Dragon Fund, asked Mike Allah to find someone to invest in the three North Shelterbelt in Yanjing, added a tall enough identity to the Dragon Fund, and then let the people in charge of the Dragon Fund buy these old objects in China.
If you don't take it yourself, someone else must take it away. Moreover, you don't buy these old objects for sale. As long as you buy these precious antique stationery, their only end is to enter your own private museum.
"Pete, is there enough money to buy these things?" Yang Jing asked Pete Wu when she went back with great satisfaction after reading the old things in these rooms.
"Boss, it's OK. I don't know if I don't come to Yanjing. These old things in Yanjing are really cheap and scary. Especially now I buy these things with foreign exchange certificates, which is very popular."
"Boss, our dollars can't be used directly in Yanjing. Unless it's a large amount of dollars like buying a house and investing last year, we can directly connect with Huaxia's banks. Otherwise, the general consumption of dollars has no place here. We can only go to the bank to exchange for the foreign exchange certificates that began to circulate on April 1 last year, and then use these foreign exchange certificates to consume. No This kind of foreign exchange certificate seems to be easier to use than the US dollar and more popular than the national currency. However, we seem to suffer a little from using foreign exchange certificates to buy things. "
Yang Jing waved her hand and said, "you are a Chinese American. You must know that there is an old saying in China called 'loss is blessing'. Remember, Peter, we are outsiders. If we want to gain a foothold in Yanjing, a small loss is nothing. Moreover, as your boss, I can afford it."
"I see, boss."
Yang Jing understands what Peter Wu said about suffering losses, but Yang Jing knows better that such small losses are very necessary.
At the beginning of the reform and opening up in the 1970s and 1980s, there were many things with Chinese characteristics. The most famous is the "dual track system". Not only all kinds of materials have the "dual track system", but also foreign exchange, which is related to the most basic level of the country, also implements the "dual track system".
For example, in 1981, the official exchange rate of the US dollar against the national currency was 1:1.7, but there was an internal exchange rate in China, which was 1:2.8.
The reason for this situation is also directly related to the national conditions at that time.
At that time, the country was extremely short of all kinds of materials, and the foreign exchange reserves were pitiful. Because the foreign exchange reserves were small and the number of domestic national currencies was large, this led to the emergence of this dual track exchange rate system.
Especially in the late 1970s, with the development of tourism in China, foreign economic and cultural exchange activities were also increasing, and more and more foreigners came to China. At that time, China implemented a unified national currency market and prohibited the circulation of foreign currencies in China. Foreign currencies could not be directly exchanged with national currencies. In order to facilitate the consumption of foreigners, overseas Chinese, Hong Kong, Macao and Taiwan compatriots in China, Huaxia Bank has issued foreign exchange certificates since April 1, 1980.
Therefore, in that era, a "currency" that was not a currency appeared in China, which was very popular in that era.
The emergence of foreign exchange certificates has led foreigners to go to Huaxia Bank to exchange foreign currencies into foreign exchange certificates according to the exchange rate at that time. The denominations are 100 yuan, 50 yuan, 10 yuan, 5 yuan, 1 yuan, 5 jiao and 1 jiao. The denomination is equivalent to the national currency. It is not allowed to report the loss.
Although its face value is equivalent to the national currency, it is much more than the national currency. At that time, the supply of materials in China was very tight. Shopping needed tickets. When buying rice, food tickets and cloth tickets, it was not only expensive, but also the supply was very small. Some people queue up at the door of the store all night to buy a color TV. However, if you use foreign exchange certificates, you will save such trouble. It itself is the combination of tickets and currencies. When you shop with foreign exchange certificates, you don't have to show your tickets. Because of this, foreign exchange certificates are highly fried on the black market. At the highest, 1 yuan of foreign exchange certificates can be exchanged for 5 yuan of national currency.
For example, if Peter Wu wants to exchange foreign exchange certificates in Huaxia Bank, he can only exchange them according to the official exchange rate at that time, that is, 100 US dollars can only be exchanged for 170 foreign exchange certificates. If Peter Wu purchases these old objects with foreign exchange certificates instead of national currency, he can only consume them according to the real currency value of the foreign exchange certificates.
For example, Peter Wu took a fancy to a Huanghua pear armchair in the Qing Dynasty. This armchair only sold 20 national dollars in this era, so Peter Wu needed to take out about 11.7 yuan of foreign exchange certificates to buy this Huanghua pear armchair.
But if the 11.7 yuan foreign exchange certificate is sold to those who pour foreign exchange on the black markets such as friendship store and Yabao Road, how many national currencies can it be sold? About 40 to 50 national dollars!
In other words, if Peter Wu uses foreign exchange certificates to buy the Huanghua pear armchair, he will probably lose 20 to 30 national dollars!
At that time, 30 national currency was equivalent to a worker's monthly salary, which was enough for a family of three to eat and eat a month.
This kind of loss, if strictly calculated, is not small.
But even if it is not small, Yang Jing will suffer this loss. Yang Jing knows how huge the amount of US dollars in her hand is. In this era, US $1.6 billion is more than half of all the foreign exchange reserves of China.
In 1981, China's foreign exchange reserves were only $2.708 billion!
If Yang Jing puts out these US dollars in her hand and converts them into foreign exchange certificates, China will naturally welcome them with both hands high. However, if she converts the foreign exchange certificates from the black market into national currency according to the exchange rate of the black market, even if it is only one tenth, it will also cause great turbulence in China's economy.
This is absolutely not allowed by the Chinese government!
Yang Jing knows very well that if he dares to do so, the state will definitely expel himself and his people without hesitation. I'm afraid it's absolutely impossible to enter China as Michael Lynch in the future.
Therefore, this seemingly glorious thing must not be done. Foreigners like Peter Wu, who ostensibly hold a large amount of dollars, will definitely be closely monitored in this era. Once he dares to do something extraordinary, the state will be merciless.
Besides, Yang Jing never thought of doing so. My money is earned from foreigners, and then I use it in China, which is short of foreign exchange. Although I suffer some losses, compared with my huge wealth, this loss is not even a dime. And eating this kind of loss can also make the country look up to you. Why not?
Yang Jing thought it was very cost-effective to turn a blind eye to the state's purchase of old objects in exchange for such losses.
A deficit of tens of millions of dollars in this regard is nothing for Yang Jing.
In these separate rooms, there are a large number of old objects. It is estimated that there must be at least hundreds of them.The two largest old objects attract Yang Jing's attention most."Is this, is this Luohan bed made of small leaf red sandalwood? Or in the Ming Dynasty?" Yang Jing asked excitedly when she touched the dark bed.The appraisal results given by the holy ring prove that the bed in front of us, which is a little similar to the modern double sofa style, is a arhat bed built in the Jiajing period of the Ming Dynasty, or made of small leaf red sandalwood.Peter Wu put up a thumb at Yang Jing, smiled and said, "the boss is really good at seeing. He can see the origin of this Luohan bed at a glance. Yes, this Luohan bed is indeed a bedding of the Ming Dynasty. I asked someone to identify it before I bought it.""How much is this bed?""It's cheap and scary. I collected this arhat bed and that Babu bed from a waste purchase station. The Huanghua pear Babu bed of the Ming Dynasty and this arhat bed cost me more than 300 yuan..."Yang Jing is also completely speechless. It's better to say something about the yellow pear walking bed, but this small leaf red sandalwood Luohan bed is really a rare treasure. This is a arhat bed made of small leaf red sandalwood. It's not made up of small materials.Although the small leaf red sandalwood used to make this bed is not as big as the material used for the red sandalwood book case of Lord Qianlong, it is definitely not small. If it was placed in the original time and space, this arhat bed alone would be invaluable.Seeing that Yang Jing did not speak, Peter Wu explained: "When Mr. Allah told me to buy more old things in Yanjing, he once told me to pay more attention to those waste collection stations. My God, I didn't expect that there were so many good things in the waste collection station in Yanjing. Not only old furniture, some ancient bronze, iron and even celebrity calligraphy and painting can be seen there."Peter Wu pointed to another room and said, "this room is full of calligraphy and paintings I bought from the boss of the waste purchase station. Those bosses also understand that these ancient calligraphy and paintings are valuable, so they are kept separately. These calligraphy and paintings cost a lot more than those in their hometown."Yang Jing looked over and found that there were many picture tubes in the room. Peter Wu must have put them in the picture tube after he received them.Yang Jing resisted the desire to open those painting tubes. Looking, she said faintly: "These ancient calligraphy and paintings must be protected. They can't be put in the painting barrel for a long time. They should be hung for two or three months a year. It's best to hang them in the dark place of the main room. Well, your identity is different now. You can ask experts from the National Palace Museum to come and have a look at these paintings. They should be repaired, mounted and preserved But you don't have to tell them the origin of these calligraphy and paintings. If they ask, you say you received them from your friends. "Peter Wuneng was chosen by Mike aller as the person to preside over the work in Yanjing. Naturally, he was a very clever person. When he heard the speech, he knew what his boss meant and nodded to understand.In the late 1970s and early 1980s, the waste collection stations in Yanjing can be said to be Taobao paradise for antique lovers. Those waste collection stations, especially the large state-owned waste collection stations, often contain many amazing old objects.In fact, someone is already robbing Yang Jing for business. For example, Ms. Chen Lihua, who is respected as the "red sandalwood king" in later generations, is quietly purchasing red sandalwood and mahogany old furniture, of which the waste purchase station is one of the main sources of her purchase.And old man Ma Weidu, like Ms. Chen Lihua, is quietly buying old things.However, the vast majority of antique lovers have not yet set their eyes on these waste purchase stations. It will take a few years before they will notice that the original places where waste products are in full bloom are actually the biggest treasure land.These things were told by Yang Jing when he was a child. At that time, Yang had not left and worked in the Palace Museum. Naturally, men qinger was concerned about these things.It was for this reason that Yang Jing did not hesitate to shuttle to the Cayman Islands in 1980 to earn foreigners' money through London gold, then set up the Dragon Fund, asked Mike Allah to find someone to invest in the three North Shelterbelt in Yanjing, added a tall enough identity to the Dragon Fund, and then let the people in charge of the Dragon Fund buy these old objects in China.If you don't take it yourself, someone else must take it away. Moreover, you don't buy these old objects for sale. As long as you buy these precious antique stationery, their only end is to enter your own private museum."Pete, is there enough money to buy these things?" Yang Jing asked Pete Wu when she went back with great satisfaction after reading the old things in these rooms."Boss, it's OK. I don't know if I don't come to Yanjing. These old things in Yanjing are really cheap and scary. Especially now I buy these things with foreign exchange certificates, which is very popular.""Boss, our dollars can't be used directly in Yanjing. Unless it's a large amount of dollars like buying a house and investing last year, we can directly connect with Huaxia's banks. Otherwise, the general consumption of dollars has no place here. We can only go to the bank to exchange for the foreign exchange certificates that began to circulate on April 1 last year, and then use these foreign exchange certificates to consume. No This kind of foreign exchange certificate seems to be easier to use than the US dollar and more popular than the national currency. However, we seem to suffer a little from using foreign exchange certificates to buy things. "Yang Jing waved her hand and said, "you are a Chinese American. You must know that there is an old saying in China called 'loss is blessing'. Remember, Peter, we are outsiders. If we want to gain a foothold in Yanjing, a small loss is nothing. Moreover, as your boss, I can afford it.""I see, boss."Yang Jing understands what Peter Wu said about suffering losses, but Yang Jing knows better that such small losses are very necessary.At the beginning of the reform and opening up in the 1970s and 1980s, there were many things with Chinese characteristics. The most famous is the "dual track system". Not only all kinds of materials have the "dual track system", but also foreign exchange, which is related to the most basic level of the country, also implements the "dual track system".For example, in 1981, the official exchange rate of the US dollar against the national currency was 1:1.7, but there was an internal exchange rate in China, which was 1:2.8.The reason for this situation is also directly related to the national conditions at that time.At that time, the country was extremely short of all kinds of materials, and the foreign exchange reserves were pitiful. Because the foreign exchange reserves were small and the number of domestic national currencies was large, this led to the emergence of this dual track exchange rate system.Especially in the late 1970s, with the development of tourism in China, foreign economic and cultural exchange activities were also increasing, and more and more foreigners came to China. At that time, China implemented a unified national currency market and prohibited the circulation of foreign currencies in China. Foreign currencies could not be directly exchanged with national currencies. In order to facilitate the consumption of foreigners, overseas Chinese, Hong Kong, Macao and Taiwan compatriots in China, Huaxia Bank has issued foreign exchange certificates since April 1, 1980.Therefore, in that era, a "currency" that was not a currency appeared in China, which was very popular in that era.The emergence of foreign exchange certificates has led foreigners to go to Huaxia Bank to exchange foreign currencies into foreign exchange certificates according to the exchange rate at that time. The denominations are 100 yuan, 50 yuan, 10 yuan, 5 yuan, 1 yuan, 5 jiao and 1 jiao. The denomination is equivalent to the national currency. It is not allowed to report the loss.Although its face value is equivalent to the national currency, it is much more than the national currency. At that time, the supply of materials in China was very tight. Shopping needed tickets. When buying rice, food tickets and cloth tickets, it was not only expensive, but also the supply was very small. Some people queue up at the door of the store all night to buy a color TV. However, if you use foreign exchange certificates, you will save such trouble. It itself is the combination of tickets and currencies. When you shop with foreign exchange certificates, you don't have to show your tickets. Because of this, foreign exchange certificates are highly fried on the black market. At the highest, 1 yuan of foreign exchange certificates can be exchanged for 5 yuan of national currency.For example, if Peter Wu wants to exchange foreign exchange certificates in Huaxia Bank, he can only exchange them according to the official exchange rate at that time, that is, 100 US dollars can only be exchanged for 170 foreign exchange certificates. If Peter Wu purchases these old objects with foreign exchange certificates instead of national currency, he can only consume them according to the real currency value of the foreign exchange certificates.For example, Peter Wu took a fancy to a Huanghua pear armchair in the Qing Dynasty. This armchair only sold 20 national dollars in this era, so Peter Wu needed to take out about 11.7 yuan of foreign exchange certificates to buy this Huanghua pear armchair.But if the 11.7 yuan foreign exchange certificate is sold to those who pour foreign exchange on the black markets such as friendship store and Yabao Road, how many national currencies can it be sold? About 40 to 50 national dollars!In other words, if Peter Wu uses foreign exchange certificates to buy the Huanghua pear armchair, he will probably lose 20 to 30 national dollars!At that time, 30 national currency was equivalent to a worker's monthly salary, which was enough for a family of three to eat and eat a month.This kind of loss, if strictly calculated, is not small.But even if it is not small, Yang Jing will suffer this loss. Yang Jing knows how huge the amount of US dollars in her hand is. In this era, US $1.6 billion is more than half of all the foreign exchange reserves of China.In 1981, China's foreign exchange reserves were only $2.708 billion!If Yang Jing puts out these US dollars in her hand and converts them into foreign exchange certificates, China will naturally welcome them with both hands high. However, if she converts the foreign exchange certificates from the black market into national currency according to the exchange rate of the black market, even if it is only one tenth, it will also cause great turbulence in China's economy.This is absolutely not allowed by the Chinese government!Yang Jing knows very well that if he dares to do so, the state will definitely expel himself and his people without hesitation. I'm afraid it's absolutely impossible to enter China as Michael Lynch in the future.Therefore, this seemingly glorious thing must not be done. Foreigners like Peter Wu, who ostensibly hold a large amount of dollars, will definitely be closely monitored in this era. Once he dares to do something extraordinary, the state will be merciless.Besides, Yang Jing never thought of doing so. My money is earned from foreigners, and then I use it in China, which is short of foreign exchange. Although I suffer some losses, compared with my huge wealth, this loss is not even a dime. And eating this kind of loss can also make the country look up to you. Why not?Yang Jing thought it was very cost-effective to turn a blind eye to the state's purchase of old objects in exchange for such losses.A deficit of tens of millions of dollars in this regard is nothing for Yang Jing.
