Rebirth: Super Banking System Chapter 2539 - 2377: A Blow to the Head

~4 minute read · 978 words
Previously on Rebirth: Super Banking System...
Tang Qing reassured classmates about superior job prospects at the park. He strolled through the facility, receiving warm greetings from employees thrilled by upcoming subsidized housing for 100,000 sets. Chai Ren praised Tang Qing's prescient prediction of Portugal's Eurozone exit maneuver amid financial turmoil. Friends gathered to discuss European currency woes and jokingly dismissed 2012 apocalypse fears.

Ninth Day.

Morning.

Beijing International Trade Hotel.

Annual gathering.

Reuniting once more. Though a touch routine, folks weren’t attending for the sessions alone; it served as prime time to network and solidify ties.

Business leaders.

Experts.

Authorities.

All converged.

In the same vein.

Tang Qing stepped in like a blazing star, the lone figure who doubled the Hurun list’s average fortune.

One term.

Respect!

What’s more.

Two months past the Hurun reveal. Euro’s nosedive funneled vast funds into US and Myanmar stocks, swelling Tang Qing’s assets further.

Forecast.

Keeping this momentum.

Next year’s Forbes could crown Tang Qing with a record 900 billion USD. Mere steps from trillion-dollar status.

Factoring that in.

Awe strikes deep.

One trillion.

In USD, no less—enough to make heads bow in wonder.

Concurrently.

It stings too.

Tang Qing’s enterprises boast lavish perks. By contrast, they appear as miserly leaders, fueling waves of gripes.

Agonizing!

Someone so ungreedy stacks riches sky-high.

Worse yet.

Merely reflecting.

Jealousy flares red-hot; mid-April to present, near eight months, solely the Myanmar gold mine yielded Tang Qing over 10 billion RMB.

Net gain!

Surpassing 99% of firms onsite.

Beyond that.

This year’s offshore drilling platform deals propel Qingyuan Technology’s revenue to staggering private-sector highs.

...

Before long.

Opening rites commenced.

Shortly thereafter.

Tang Qing mounted the platform.

Wandering topics.

Shifting angles.

Concluded!

Chiefly a cameo, yet business attendees absorbed every line, unlike others where focus wanes fast.

Tang Qing set himself apart.

Vision.

Skill.

Insight.

All exceptional. Each phrase might unveil ventures or signal next steps. Within private enterprise, Tang Qing legends the field.

...

This annual summit rang with more joy than last year’s, trade thriving; global downturn be damned, Huaxia pressed on unscathed.

Exports.

Infrastructure.

Internal commerce.

...

All flowed steadily.

New African frontiers especially gifted firms fresh expansion avenues, surfing the surge. A banner year for all.

Heading into next year.

Anticipation swells.

...

Twelfth Day.

Morning.

Summit concluded, Tang Qing exited Beijing, wandering key sites. Primarily inspecting vast subsidiary outposts, such as additional industrial zones.

Six key parks.

This year.

Even counting Beijing, Tang Qing covered just two. Four pending; no favoritism allowed. Seizing year-end downtime, he showed up.

Twentieth Day.

Ultimate destination.

Hainan Province.

Testing Base.

Currently.

This base, paired with the floating platform setup, hummed busier than ever. A full coastal span, roughly ten kilometers, morphed into a massive worksite.

Inevitable.

Sheer scale.

No harbor suffices, turning this into the core assembly ground. Heaps of components and pre-built sections arrive daily.

Welding.

Assembly.

Advancing smoothly.

Such works.

Certainly not Qingyuan Technology’s direct handiwork, but entrusted to national heavyweight shipyards on contract; Qingyuan oversaw blueprints and supervision.

Resources dispatched.

China’s top ten shipyards amassed here, tackling the megaproject with grave import—not solely for gains, but prestige too.

Toward this.

Elite squads mobilized in force, laboring nonstop.

Being isolated.

Free from local disruptions.

Qingyuan Technology’s payouts ample, deadline pressing, wages no hurdle, drawing thousands into fervent toil.

Clangs resounding.

Vibrant chaos.

"Chairman, the primary builds on the first three drilling platforms, kicked off first, have passed the halfway mark. If things stay smooth, deliveries kick off by April next year."

"Others won’t trail beyond next year’s close."

"..."

Site chief detailed.

Elated within.

From the start.

He helmed the floating platform site too, persisting for follow-on giants; though centralized oversight, perks stayed standard.

Still.

Bonus payouts soared!

Obviously, multibillion orders.

Securing bonuses of two or three million is guaranteed. Accumulating in a single stroke the fortune that seemed to demand ten or twenty years truly delivers authentic joy.

...

December.

The month flew by swiftly, with worldwide attention still fixed on Eurozone troubles. Right at the month's start, Portugal revealed its referendum plans, kicking off on the 25th.

Thirtieth Day.

Results announced.

--- Exiting the union.

This outcome sparked massive protests across streets in multiple Eurozone nations, hailing it as a 'triumph of democracy.'

Observing this.

France and Germany breathed a sigh of relief.

It appears.

Highly successful, granting them a moment to breathe while tackling matters beyond the Eurozone. The Euro's sight now inflicted pain on their hearts.

October.

November.

Over those two months, it crashed by almost 20%.

December.

All through the month.

It plunged further by nearly 8%. Without rescue operations, it might have halved from the year's beginning by now. Horrifying!

Early in the year.

One Euro still traded for roughly eight RMB.

Today.

It barely fetches a bit more than five, and against Asia Dollars, just above three. From a currency angle, devaluation aids exporters.

Yet this sort of 'advantage,' they reject entirely.

Are sales not booming already?

Why seek such trouble?

Technology.

Luxury goods.

Tourism.

These pillars of the three key Eurozone economies hold pricing power, peddling high-value items with scant leverage in consumer markets.

Hence.

They desperately avoid wanting currency weakening.

...

Early January.

As Portugal launched withdrawal talks, France and Germany believed domestic sentiments would calm, allowing them to rebuild the Euro's global standing.

The turn of events.

Delivered a crushing strike.

"Italy, pulling out!"

Streets.

The lately subdued masses surged back onto the roads, zeroing in on the Eurozone's final heavy-debt nation.

--- Italy.

Greece.

Portugal.

Italy.

Eurozone's top three debt-laden states, each with public liabilities surpassing 100% of yearly GDP. So Italy became the third target.

Before this.

Why had Italy escaped scrutiny?

Extremely straightforward.

Vast GDP foundation.

Even though.

By last year's onset, Italy's public debt topped 1.8 trillion Euros—manyfold Greece's burden—yet its economy dwarfed in scale.

Thus, no instant meltdown occurred.

Suddenly.

Italy stood stunned.

...

Likewise.

France and Germany felt somewhat stunned.

"What’s going on? Why pull Italy into the mess?" They'd just patched one hole when a massive crater loomed ahead; were they shoveling their own tombs?