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Page 760



Page 760

"Yes, yes, if there is a slight mistake in the calculation and it falls below 26 billion times, Director Tu and Mr. Zhu may secretly despise us."

Tang Hua: "Let me see... all the memory adds up to 80 megabytes, which is enough for the weather center, but after the first and second Tianhe-80 are delivered, the third customized machine may need a For the version with super large memory, in addition to the cache, additional storage space is required, and the total memory should be increased to about 256 megabytes.”

Wang Shoujue: "Replace the Tianhe-[-] of the Institute of Atomic Energy of the Chinese Academy of Sciences?"

Tang Hua: "Yes."

In the process of designing the atomic bomb and hydrogen bomb, Tianhe-[-] helped a lot.More importantly, the light nuclear reaction group gradually understood the concept of computer virtual nuclear explosions.

The data of the first five nuclear tests are all included in the database of the Institute of Atomic Energy Sciences. These are ground explosions or air explosions, and the parameters and residues are collected most completely.Before the "Partial Nuclear Test Ban" treaty takes effect, China can continue to conduct atmospheric nuclear tests without pressure. When the number of test explosions reaches a certain threshold, computer virtual nuclear explosions can be put on the agenda.

……

Beijing.

In the past few days, the chief accountant, Xue Muqiao, Ye Jizhuang...the leaders of the Finance and Economics Committee and the Ministry of Foreign Trade are all staring at several European trading markets thousands of kilometers away.

Of course, you can't watch the exchange from live TV, but listen to the radio and receive telegrams.

There were telegrams from the Swiss and British embassies, and occasional phone calls from Hong Kong.

"Throw it out, throw another 500." "Someone gets in." "Sell another sum."

"Futures are still bullish."

"According to calculations, this price range is the range of the highest peak, so we can just concentrate on selling."

"The net profit is already 8000 million US dollars! Can we exceed [-] million after we catch this wave of market?"

……

That's right, Vice Premier Chen and the leaders are speculating in various futures and gold.

This wave of market prices in 1960 is known as the "first dollar crisis" in history.

After World War II, with the massive gold reserves, the dollar was bound to gold.This binding has both advantages and disadvantages. Many people have said the advantages, but the disadvantage is that the excess currency is limited.

The law summarized by Keynes: If there is an economic crisis and production cannot continue, printing money and inflation can alleviate the symptoms.Although it is a solution to the symptoms rather than the root cause, and if this is done in every economic crisis, the accumulated debts of the government and the private sector will reach astronomical figures in a few decades, but whatever, let’s get over the current crisis first.

During the economic crisis in 1957, the United States ignored so much and printed a lot more.A large amount of dollars poured into Europe, and the balance of payments of the United States also deteriorated slightly, putting great pressure on the depreciation of the dollar.Now everyone is asking: Can the fixed exchange rate between the US dollar and gold be maintained?

On October 1960, 10, the domestic gold reserves of the United States were worth US$30 billion, and the external short-term liabilities were US$178 billion. For the first time, the liabilities exceeded the gold reserves.After the news was disclosed, the market exploded.The theoretically fixed price of $210 per ounce of gold suddenly changed to $1 per ounce.

The United States had to take measures to save the crisis, mainly selling gold to stabilize the price of gold in order to stabilize the decline in foreign exchange rates.

I don't know how the United States feels about this wave of market conditions. Anyway, China thinks it tastes good.

"I have a question. In this year's foreign trade balance, is the money earned from this wave of gold market counted as a trade surplus or other income?" Ye Jizhuang asked.

Chief accountant: "The central government has approved it. This is the country's overseas investment income."

Xue Muqiao: "With such a market, it would be best to come back a few more times."

Chief Accountant: "This dollar crisis will never be the last. A capitalist country can clearly decouple its currency from gold and print unlimited money, but it wants to bind it to gold. But I estimate that this kind of dollar crisis will never happen again. After making trouble three or four times, the U.S. may voluntarily give up the gold content of the U.S. dollar.”

Xue Muqiao: "If the United States abandons the Bretton Woods system, it will be an earthquake in the international financial market."

"Earthquakes will happen sooner or later. Since they can't shake China, it's fine for them to make a fuss." The chief accountant said.

……

Tang Hua returned to Beijing from Shanghai, and China has already harvested in several trading markets.

$1 million pocketed.

At present, China's foreign trade is divided into two relatively independent fields: foreign trade with Soviet and Eastern socialist countries and foreign trade with other countries (mainly Western countries).

According to the figures of the first 10 months, it is estimated that in 1960, China’s foreign trade volume with the Soviet Union and East China was 165 billion (old) rubles for exports and 160 billion rubles for imports, and 12 billion U.S. dollars for exports and 12.5 billion U.S. dollars for imports to other countries. .

The deficit of 5 million yuan was the result of not having a suitable source of imports in the past few years, so we had to let the surplus arise and accumulate.

In January 1960, China held 1 million U.S. dollars in foreign exchange and imported 5.2 million more commodities. Originally, the foreign exchange reserves would have declined, but now it seems that by the end of the year, China’s foreign exchange holdings will increase to nearly 5 million U.S. dollars.

"It is almost enough to hold about 5 million US dollars of foreign exchange on hand as an emergency," said the chief accountant. "In 1961, let's continue to make a large-scale investment plan."

Li Fuchun: "The total foreign exchange demand for the Southern Industrial System Supplement Plan is 10 billion US dollars, and the planned investment in 1961 was 4 million US dollars. But this year, we only spent 3.5 million US dollars of the 3 million US dollars of foreign exchange that we planned to use in this project. A project touched the line of Batumi, and although we adopted evasive methods, there were still some projects that could not be avoided in the end, and it was yellow."

Tang Hua: "The projects that have not been introduced this year will continue to be fought for in 1961, but in 1961 the industrial sector also thought of ways to see if they could produce factories or equipment with the same effect based on domestic and Soviet equipment. In short Try the two lines in parallel. In addition, after the implementation of the Southern Industry Complementary Plan, we can try to import resources and raw materials from abroad.”

Ye Jizhuang: "This is indeed feasible now. Our total export volume is growing steadily now, and our industry has great advantages. That is to say, most of the foreign exchange income is very stable and iron."

Tang Hua: "Taiwan and Guangdong, for example, we actually calculated two years ago and concluded that the price of buying coal from Vietnam and transporting it by sea to Guangzhou or Taipei is cheaper than transporting it by sea from the northern railway; iron ore... It is difficult to compare ores, because our domestic iron ore with a grade of 28% or more has mining value, while the grade of iron ore sold abroad is at least 58%.”

Li Fuchun: "It's difficult to compare. It means that the quality and price of foreign iron ore are higher than those in China. It is not easy to use the same benchmark to convert."

Tang Hua: "It is best to use one type of iron ore for the blast furnace of a steel factory, so once it is settled, it must be imported iron ore unchanged for ten or eight years. We should seriously consider the relationship between imported coal and Iron ore, export of industrial products containing steel, such a brand new business model.”

Chapter 33, the GDR also has satellites!

The Cuban delegation visited Taiwan for 4 days and successfully concluded their visit to China. Their next stop is Indonesia.

Che Guevara was deeply impressed by this trip to China.The chairman appreciated Che Guevara himself and the Cuban revolution, but also pointed out that the Cuban revolution had factors that the United States ignored the Caribbean region; the chairman was generally optimistic about the revolutions in other Latin American countries, but he was cautious about the details.

"The chairman's way of researching and looking at problems has inspired me a lot. Now, the chairman is my teacher. Tang Hua is the layout of the big chessboard. He reveals the road of Cuba's future construction in a few words...he is my teacher. big brother."

Cough... Really.

Che Guevara was born in 1928, and Tang Hua was 5 years older than him.

After the Cuban delegation left, the Brazilian delegation and the East German delegation came to Beijing one after the other.The Brazilian delegation was received by the Ministry of Foreign Affairs, and the East German delegation was received by the External Relations Department of the Communist Party of China.

Brazil established diplomatic relations with China during the Republic of China, and official diplomatic relations have not been broken since then.However, although Brazil is the largest and most populous country in Latin America, the Republic of China does not have much contact with Brazil because of underdeveloped economic and trade exchanges.

Moreover, the Brazilian government in the 50s was a resolutely anti-Communist and quite pro-American government, so from 1953 to 1960, the diplomatic relations between Brazil and China were almost as good as if they hadn't.

By the way, Brazil almost became one of the troop-contributing countries of the United Nations in 1950. In the end, Brazil and the United States did not agree on the price, so they stopped going.

At that time, Brazil proposed two conditions to the United States: first, the United States provided 2500 million US dollars in equipment funds to the Brazilian industrial sector; second, the United States helped Brazil win a permanent seat on the UN Security Council.

United States: ...Go away.

But now, the Brazilian Ministry of Agriculture gathered a delegation and came to Beijing in a low-key manner.

It's not shabby to do business.

Of course, it is mainly because the United States and China have resumed trade relations. Since the US leader and China have started to trade, it is also possible for Brazil to do trade with China.

"If the Brazilian president, vice president, or speaker applied for a visit, we might have to refuse," Wu Xiuquan said, "but they are a minister, and it is not the Ministry of Foreign Affairs but the Ministry of Agriculture. It can be seen that they also know the current situation. China-Pakistan relations can’t be raised too high.”

Prime Minister: "In the War of Independence in Panama, U.S. planes strafed and massacred the rebels, but Brazil praised the U.S.'s stinky feet; in 1947, when the Iron Curtain speech began and the Cold War began, Brazil expelled the Soviet ambassador, announced the severance of diplomatic relations with the Soviet Union, and declared the Brazilian Communist Party to be an illegal political party. "


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