Rebirth of Hong Kong 1981

   Chapter 302 Secret Travel to France

  May 1st

  11pm

  Xiangjiang Kai Tak Airport, Yang Chen took the soldier and Tietou, and lightly packed and boarded the plane to Paris, France.

   Just a few days ago, Yang Chen suddenly read a piece of news in the newspaper. On April 26, 1981, the first round of voting for the French presidential election was announced.

  The French presidential election, this was originally nothing to do with Yang Chen, but he had a deep impression on the man named Mitterrand.

   In 1981, Mitterrand defeated the incumbent President Destin in the second round of elections and became the fourth president of the French Fifth Republic.

   As the first left-wing politician to win in history, he was placed on high hopes for reforming the society and revitalizing the economy.

   However, three years after he took office, the cabinet suffered a severe financial crisis and unsuccessful economic reforms reduced his public satisfaction from 52% to 28%, making him the most unpopular president in the history of the Fifth Republic at that time.

  Yes, you read that right, this old man, who is now in his 60s, is very famous in French history.

   As the saying goes, the greater the expectation, the greater the disappointment.

  Deep love and responsibility.

  This old man was given high expectations by the French people, but in the end he did not give the people a satisfactory answer, which naturally made everyone dissatisfied.

   I have to say that this old man hesitated before the presidential election, thinking about whether he should continue to participate in the election.

   Before this, the old man had participated in two presidential elections, and the results were obvious, all of them failed.

   Our ancestors have a saying, "There are no more than three things".

   The first two defeats are really a big blow to Mitterrand. If he loses in the election again, he will face the voters who support him, and maybe he will quit politics in a very embarrassing way.

  Many participants basically gave up on the presidential election after two unsuccessful elections, and An Xin silently returned to the original position.

   If you don't participate in the election, you can at least maintain your dignity. However, Mitterrand, who is in his sixties, is a little unwilling.

  Once you miss this opportunity, you will have to wait a few more years before you can run for president. At that time, he will be seventy years old.

   Seventy-year-old presidents, let alone in France, are rare in other countries. Even if he is fully prepared, age will become a new flaw.

   It has been his long-cherished wish to win the Elysee Palace for many years.

   At this crossroads in his life, Mitterrand, with the help of his aides, weighed the pros and cons again and again, and finally made the decision to run for the third time in the presidential election.

   Mitterrand's main opponent is the incumbent President Destin, and the struggle between the two sides is becoming increasingly fierce.

   Not long ago, in the first round of elections on April 23, there was no doubt that Mitterrand lost.

   However, this did not make the old man lose his confidence. The final election will be the second general election on May 7th.

  Although Yang Chen didn't know the specific process of the election, but the result of the election, Yang Chen clearly remembered that this old man finally won the election.

   As an ideal text master.

  Before he became president in 1981, Mitterrand was a famous "word master" in French politics.

   In the 1950s and 1960s, he published books at a pace of one or two books a year, and he published more than 20 books in total.

   His political and philosophical views are often accurate in words and have strong philosophical implications.

After   Mitterand was successfully elected French president, he did not revel in this historic victory. He was soberly aware of the heavy responsibility he shouldered and the difficulties in front of him.

  In the early 1980s, the French economy was in great difficulties, unemployment and inflation remained high, and the international situation was turbulent.

   In order to consolidate the victory, he dissolved the National Assembly immediately after taking office, conducted a new election, and produced a new parliament with an absolute majority of socialists.

   Then he appointed Morroy to form a cabinet of forty-four members to unite the left-wing forces and strengthen his own power.

   After a period of intense activities, Mitterrand stabilized the situation and laid the foundation for the full implementation of his policies and propositions.

  Mitterand's proposition is that on the basis of not eliminating private ownership, a gradual structural reform of the French economy should be carried out through a certain degree of nationalization, planning and autonomous management.

   To establish "democracy" and "freedom" "French-style socialism".

   In a European continent where capitalism is rampant, this old man wants to implement the so-called "French-style socialism".

   This is obviously impossible if there is no trouble.

  Yang Chen remembered that the French stock market plummeted by more than 20% after this old man was successfully elected president.

   As investors were worried about Mitterrand's economic policies, the French stock market CAC40 index plummeted 20% directly after the election.

  CAC40 is compiled by the Paris Stock Exchange, the stock price of the top 40 listed companies. The CAC40 stock index largely reflects the price fluctuations of the French securities market.

   Later, the CAC40 became composed of a hundred French stocks and was more widely used, but the CAC40 index was still regarded as the benchmark index.

   About 45% of the stocks in these forty companies are owned by foreign investors, a higher percentage than any other major European stock index.

   These 45% of foreign investors are mainly from Germany, Japan, the United States and the United Kingdom.

  CAC40 is composed of major companies including BNP Paribas, Gazprom Suez, France Telecom, Societe Generale, Alcatel, L'Oreal, Michelin and Renault, and a large number of well-known companies in the Chinese market.

  In 2015, the total market value of the CAC40 index has exceeded one trillion euros.

As soon as    was elected president, the French stock market plummeted. It is conceivable that which old Mr. Mitterrand will have an impact on France.

   Yang Chen went to France on this trip, and he didn't have time to worry about how much impact this old man would have on the French economy after taking office. He only knew that he could make a big profit this time.

   Of course, he doesn't dare to be too high-profile?

   After all, his behavior is no different from stealing other people's money, although he is not the only one who steals money at this feast.

   But he still wanted to keep a low profile and try to drink a bowl of soup.

   That's right, what he wants to drink is not a sip, but a bowl.

  The current French stock market is very strange, and all the investors who end up are betting.

  Many people are afraid of Mitterrand being elected. Once the opponent is elected, his political philosophy will definitely make the French stock market fall.

   However, Mitterrand lost in the first round of elections, which made everyone uncertain.

  Because of all this, it all has to be decided by the votes in the hands of the French people.

   Others are gambling, but Yang Chen is 100% sure that this old man will be elected in the end.

   With a 100% certainty, Yang Chen naturally wants to make a big bet and make a big fortune, so that he can continue to contribute to his business empire.

  ——

   (end of this chapter)