Chapter 178 Miracle

India is a bottomless quagmire, which is the consensus of economic experts around the world in the early stage of the economic crisis. Even India's most optimistic people have never had the understanding that a country can quickly get rid of the impact of the economic crisis and recover with the world economy. Perhaps they have also fantasized that the Indian economy can quickly get rid of the impact of the crisis and quickly return to the pre-crisis market state, but the ruthless reality makes them dare not have the slightest illusions. Before the economic crisis, India was also a world-class market. Although the overall economic level is not as good as that of China, the huge middle class and industrial workers have made her market capacity reach more than 65% of China, accounting for more than 55% of the American market. Indians can righteously claim that they are the world. Although in fact, she is far worse than China and can't catch up with China in all aspects. However, with the arrival of the economic crisis, the economy was rapidly paralyzed like an avalanche, and the consequences of poor foundation were completely exposed. There were more unemployed workers than China, who were not as large as China's industrial workers. The drawbacks accumulated in various social development quickly emerged, and there were even religious conflicts in some areas... And What is more serious for commercial companies is the collapse of the production system and the sharp contraction of the market... The whole society has fallen into a state of stagnation.

Foreign investment accounts for a considerable proportion of the Indian economy. Her national industry as a whole is not strong. The proportion of foreign investment is similar to that of China more than a decade ago, but it lacks a large local enterprise group like China. On the other hand, Indian society has many contradictions, and the contradictions between states and ethnic groups have a long history, such as If it is not because of its huge population and the huge middle class formed by the social system, it will not become the "most popular" investment market and products on the market. With the arrival of the economic crisis, enterprises in India have fled funds. Just before the introduction of the Indian government's emergency policy, American-funded enterprises have fled more than 60% of their funds, and EU enterprises have also fled more than 50%. Even Chinese enterprises have fled more than 50%. Only the Japanese have coveted the Indian market for a long time. Most enterprises did not overreact, and according to statistics, they only withdrew 20% at most. The escape of a large number of foreign capital has aggravated the difficulty of the Indian economy. The government has to impose strict restrictions on the exit of foreign capital, but this still cannot improve the economic situation! India's stock market is much more developed than that in China. A large amount of social wealth is based on the appreciation of stocks. The economic crisis has caused the stock market to shrink seriously, and the assets of shareholders dominated by the middle class have seriously contracted. Yesterday, it was still "rich". Today it has become "abstricken poverty", and tomorrow it will become a homeless wanderer. Shi, the rupee has depreciated rapidly, prices have soared, and suicides are everywhere... The whole society is extremely miserable and people are panicked... The flight of foreign capital, the devaluation of the currency, and the inefficiency of the Indian government has aggravated the worries of companies and investors in various countries. By February 37, India's social output was still declining. At this time, the world's major markets had stopped declining, and its actual decline continued until 38 years.

Due to the paralysis of the transportation industry, the circulation of goods has become very difficult. The backlog of goods and insufficient goods exist at the same time, and the social market tends to be almost zero. According to statistics, by February 1937, the Indian market was less than one-half of that of South Korea and North Korea, less than one-third of Japan, and less than one-fifth of the Chinese market. It is only one-tenth of the North American market, and even less than a quarter of the EU market. At this time, the Chinese market is only 20% before the crisis, North America is only a quarter before the crisis, and the European Union is only 35%. That is to say, the economic crisis has changed the Indian market to about 5% of the original. This is really terrible and scary. Who else dares to stay there? Therefore, when the whole world thinks that India is "unhelpless", international companies have fled one after another, which invisibly further aggravates the turmoil in Indian society. International companies began to fight with the Indian government, which made the government furious, and the Indian market was really disappointing. The company's assets shrank a lot, and the company's arrears could not be recovered... Big companies watched the ants on the tree and quickly fled when they caught the opportunity, staying in a country with almost zero economic crisis for a long time. There is no doubt that you are looking for a dead end. At this time, there are no enterprises that respond to the government's initiative at all. The market is not only small, but also the transportation is not good. Even if the government promises to inject capital into the railway company, no one has changed its mind! If it can prevent large-scale social unrest, it is already the "biggest expectation" of international companies, and at this time, a series of events have turned the situation around.

The impact of the fairy company leak at the end of 36 on the world economy is quite far-reaching, which is widely recognized in a series of subsequent events. The fairy was blocked by the energy project and died in the space project, which prompted her to turn her eyes to India. In fact, when she was negotiating with governments, she had already targeted India.

When the fairy entered India, it was the most painful and confused time for India during the economic crisis, and also a period of stalemate between the Indian government and international companies, which had a far-reaching impact on Indian society! By February 37, the Indian market was only about 5% of the previous one, which was basically stagnant, and the situation was even more serious at that time. India followed the world trend and allowed some companies to produce in small batches in June 36. The products were produced, but they could not be shipped out, and they could not be sold, so these Companies have stopped production again and vented their grievances to the Indian government, especially international companies. They believe that the extremely bad state of Indian society is caused by the "inefficiency" and "incompetence" of the Indian government. Their large number of losses are "the government has an inescapable responsibility" and further decided to withdraw from the Indian market. Determination. No one knows what 5% means, and no one doesn't know what a single seven means. "India has returned to the state of decades ago, even to the feudal or slave society." For the government, it is also a dilemma. The economic situation is grim, and they are duty-bound to lend, but all their efforts have no effect. Even the funds invested in the railway company have also been wasted. They know that this is threatening by the other party, but it is really a saying of hardship. But the arrival of the fairy gave confidence to the Indian government and the whole Indian people.

The fairy's large investment has hit the spirit of Indians. In the whole of 37 years, a total of 300 billion yuan was invested, which is not a small amount. What makes Indians happy and happy is the acquisition of the property industry from the second half of the year. "First of all, it calms the ** mood of workers in the Mumbai area", making a large number of unemployed " There is a house to live in"; by the second half of 38, at least 80% of the homeless people in Indian society had a variety of houses. It is said that there are basically no people sleeping on the streets in Mumbai and Kolkata! This is called the "Indian Miracle" by world critics. By the end of 38, there were basically no homeless people wandering on the streets in the three major urban areas where fairies made a lot of real estate investments. The fairy gave the Indians confidence and courage. Even a little hope was rapidly expanded by the Indians. The fairy may be burned with more money, but Indians would rather believe that it is the most magical and accurate investment company's unique views on the Indian market. Although there are many negative rumors of fairies, There is no crowd market in front of her strong momentum and fierce market public opinion! Indians no longer believe in the statistics of economists. The fanatical Indians only believe in their "confirmed facts". Since the fairies have come to India, it shows that the Indian economy is " still hopeful". Fairies may do charity work, but "it must be the difficulty of taking a fancy to the Indian market and being able to save the Indian economy." The Indian people, who are used to seeing big companies come to India to search for gold, have long known the mentality of international companies. In their eyes, fairies are exactly the same as those companies. But fairies are also considered to be different from them. Indians think that she has a unique vision and is a unique big company in the world. Apart from her, who else has made such a fortune in the economic crisis?

Sociologists have different views on the coming of fairies to India and economists. They believe that the sensational effect of fairies can get the Indian economy out of trouble and quickly reach the fast lane of development, because they agree that the company's investment ability has no influence. Compared with Len. Perhaps the fairies are just lucky enough to avoid the damage of the economic crisis. It's just someone's "nervous" performance, but ordinary people don't think so, and recasting the image and confidence of the Indian people's big country are considered the top priority. But economists believe more in their accurate statistics and agree that it is "too bad" and it is hopeless in all aspects. What is the concept of 5% market situation? They dare not describe it to people. The depression of all industries is a social problem. Nowadays, the depression of all industries is simply a social disaster. Even by the end of 37, fairies had invested hundreds of billions of yuan, and they are still desperate for the Indian economy. Although the statistics show that the economy recovered to grow by 30% that year, 30% is a relatively good number. If the EU can grow by 30%, it will increase the economy by 30 points. Even if Japan has only grown by 10%, it is similar to India, but the problem is that these nine economic points are fundamental to India. It doesn't play a role. Any number can make 7 become 9. Therefore, until the end of the year, when the so-called legendary company invested 300 billion yuan in India, no one was optimistic about India's short-term economic situation. Economists and large companies in various countries don't care about the "stagnation of India's economy" mentioned in the Indian government's announcement. (India's) economy may have stopped declining. Maybe, I guess it won't slip any more! This is all what people say. Even if (India) really stops declining, it should still be "far away" from economic growth!

As soon as the Indian government announced the economic situation and told its counterparts in various countries that India's economy began to grow, the statistical agencies in India at the beginning of 1938 also confirmed the increasing reality of unemployed workers, pointing out that although Fairy Company invested heavily in real estate and resettling unemployed and homeless people, the society is still "Homeless people continue to appear, and the number of unemployed continues to increase," even the most optimistic and thoughtful gambler-like fairies in charge admit, "The economic situation is in a mess, and it may not grow in the short term." Naturally, these words are absolutely not disclosed. These are irresponsible words that will "strive a thousand waves with one stone"! In the face of this situation, many people have set their eyes on the fairy company, hoping to see something from the fairy, even if they can prove some inference from her. Indians are also wondering, is this country really saved?

Indians have enough hope for the fairy, hoping that she can save the Indian economy from water and fire, but in fact, many Indians have been disappointed. To be precise, many people have lost confidence in the fairy myth. No matter how much a person has willpower and believes in miracles, he can't help tossing around day by day. By the end of 1937, it has been more than nine months and more than nine months for fairies to enter India. It is not long for the fairies stationed in India, because they are very busy every day and their work schedule is full, but it is different for Indians. They live in deep trouble every day. They believe that fairies can lead LAI's economic recovery, so that they can have jobs immediately, and can easily flirt with their lovers immediately, but a year has passed, and there has been no change at all. Isn't it said that fairies are coming and can bring LAI economic recovery? Then why is it still the same? Can fairies help India achieve economic recovery?

Fairy staff working in India are often surrounded by people to ask questions, as if they say that the economy will recover soon. Almost every fairy staff stationed in India will encounter similar problems, and some of the staff they hire will also work. Yu "inspied for news". But fairies really can't bring the rapid recovery of the LAI economy, and the fairies' employees dare not say that they can't make the economy recover quickly. Looking at the Indians who come with hope but leave with helplessness, everyone's mood is complicated. They really don't know what they can bring. Fairies can really Do you do that? Then why is there no such discussion in China?

Of course, it does not mean that people have lost their faith in fairies. "Wait, wait, believe in India, fairies will not abandon India". This is the message clearly expressed by every fairy employee to the inquirer. Yes, even fairies believe in India and continue to inject capital. Can Indians give up their own country? Although Indians are no longer fanatical about the acquisition of fairies, and although the Indian economy is still the same, people have kept some kind of silence, which may also be a call to the future! Although sociologists are still advocating the hope of the Indian economy and the sensational effect brought by the fairies, economists continue to ruthlessly point out that the recovery of the (India) economy is weak. Throughout the first half of 38 years, the Indian economy rose from the index 9 to 10. Perhaps, economists will say, "Maybe, today The economy will rise by 2 points this year." What they didn't say is that the recovery rate of this year's economy may not be as fast as last year!

However, the Indian economy began to joke with the people of the world. Just three months after the fairy completed the last international acquisition in India, a lot of money was injected into the Hindustan Railway Company, with a 40% stake in the national railway company, making it the largest single investment since it was invested in India. 200 billion yuan, in any country, at any time, is a big investment. In today's society, no company can make such a large investment at one time, at least it doesn't have the courage! Even the international energy giants who have been quarreling with fairies have not made such a large investment recently. The Indian government did its best in publicity. At the signing ceremony on October 13, the two sides were broadcast live to the people of all India through satellite TV. Mr. Mcman, the president of the state-owned Hindustan Railway Company, and county officials of the Indian government signed the agreement in turn, and some of the responsible personnel of the fairy were also in the contract. Sign up... As a side effect of this TV broadcast, all Indians have seen some male members of the Li family in China, who have always kept a low profile. It is said that they are all handsome and elegant. The money thrown by the fairies immediately had an effect. In just three months, strictly speaking, less than three months, India's economic index rose by 4 points, which increased India's annual economic market capacity from 9 to 15, an increase of 66%.

How much is 66%? Indians are counting with their fingers. It is found that except for its old neighbor China's economic recovery rate faster than that of India, no country can "comparable to India". Of course, people deliberately avoided the embarrassing little 15, which is less than one-tenth of that of the European Union, only for China. This is one-seventh of the country. Even economists began to talk about this small growth rate. Not only economists in India, but also economists from other countries took this figure and looked at it. This is an impossible effect. How can it be like this? How can there be a growth rate of more than 60% in a messy market? Do fairies really have such great ability? Is her social influence really so high, and her investment vision is really so unique?

But whether people believe it or not, India is indeed undergoing great changes. After the government's initial capital injection of 50 billion yuan, especially the subsequent huge capital injection of Fairy, the transportation system led by railways began to resume operation, so that the products produced by companies can be shipped to markets across the country. Although the market demand is still relatively small, it has gradually become normal, and social consumption is still Gradually rising, what happened in the Chinese market also appeared in India, letting consumers pay the bill in stages... The recovery of the whole economy has gradually accelerated. And a large number of former unemployed workers have once again served as the pillar of social recovery. If there is no money, nothing can be done, but with a little savings, you have to save your life first, and then think of other things. If there is a place to stand, people are likely to consume those that are also very urgently needed, and once With consumption, it will drive the recovery of the whole market! A large amount of "social deposits" flowed out from the people who rented fairy real estate, and fairy products began to be popular...

In May 39, when the world economy gradually recovered and most unemployed workers began to return to work, the Indians once again shocked world economists. In just five months, market consumption has increased by 100%, which is faster than any other country in the world, and the economic index has reached 30. If people don't take 15 to heart, then this number is enough to shock all economists! Although this number is not large, it is surprising that it happened in a country that was considered desperate a year ago. No one doubts the rapid recovery of India's economy. Even stubborn, conservative and picky economists have expressed their expectations for India's economic situation.

India's economy has become a miracle!

India's economy has begun to be regarded as a miracle by experts. One of the most obvious figures is 4.3. India's economy has so far been 4.3 times that of February 37. This figure is higher than that of all major market countries. People are willing to compare India with China, which has only reached 3 at this time. .3 times. The reason why the Indian economy is regarded as a miracle by experts is also because they believe that India's economic recovery will not end here. Even the most pessimistic people will believe that the Indian economy will continue to recover at a high speed, because China's fairy company, which is regarded as an irreplaceable catalyst for India's economic recovery, has been 39 years. On April 7, India's state-owned Hindustan Bank, the largest bank in India, injected 200 billion yuan and became a major shareholder holding 20% of the shares. How much impact will this have on the economic recovery!

The media around the world that have recovered their vitality are spreading this news, "Fairy", "Bank of India", "Indian Revival", "Indian Miracle"... A large number of similar words summarize people's confidence in the rapid economic recovery of India. No one thinks that the Indian economy has entered the fast track of recovery, and no one does not recognize the impact of the fairies' investment on economic recovery. The actual situation is not unexpected, and it is more amazing than people expected. In just seven months, India's economy has grown by 117%, the market economy index has reached 65, which has reached 50% of the market capacity before the economic crisis, and the market recovery rate for the whole year has reached 333%, which is more than any other in the world. All large economies should be high! Her market index is not only higher than Japan, but also higher than that of South Korea and North Korea. After China, she has become the fourth largest market in the world again!

Various statistics have been shown, and India has become the common darling of the world's media. Experts have to say that they have misjudged their judgment on the Indian economy and admitted that they underestimated the ability to recover the Indian market. Of course, some people also maliciously pushed the "culprit" Fairy Company to the front desk. Everyone attached great importance to her investment in Indian banking. It is said that only fairies have such a large financial strength. Only the Fairy Investment Bank can cause such a big effect... The Li family, which has always been low-key, also praised the "incomplete skin". At this point, experts did not praise fairies too much. By April 39, fairies had invested more than 800 billion yuan in India, which had a profound impact on India's economy and society. Fairies have money, and only fairies continue to invest in the Indian market, and only fairies. Women can make a one-time loan of hundreds of billions of yuan. To be honest, experts know that except for fairies, no company can invest so much money at a time, and has received huge funds, especially the Bank of India, which has received investment from fairies, will give Indian companies a lot of support. People don't have to think about it.

How much money will be paid for creating this legendary fairy company? People can't help but say it!

Although the market recovery is later than that of major countries in the world, although the economic crisis is more serious than that of major countries, and although the degree of economic recovery is worse than that of major countries, India has created a miracle for the people of the world. Economists call it the "Indian miracle", and sociologists call it "India". "Miracle"! The rapid recovery of India's economy to the level before the economic crisis is just around the corner. A large number of business workers have begun to return to work. Their domestic demand market and exports have increased significantly, and the nearest Middle East market has also developed. In the second half of the 39th year, Indian companies' exports in the Middle East have increased by 58%. The rapid expansion of domestic demand has made most companies enter a profitable state, and the overall social situation has improved significantly...

India's economy is one of the most serious countries in the world, and she is also one of the first countries to recover in the world. She recovered later than most countries, but faster than most countries. In three years, the domestic market has expanded 8.3 times, and together with China, it has become the economic hub. It is a miracle, and she is more legendary than China's economy! The legend of India's economy was achieved when the whole country was difficult and international companies around the world abandoned her, so it seems more precious. International companies ruthlessly abandoned India, which had a bad impact on the Indian people in the economic crisis, and aroused the indignation of all Indians, believing that it was a "betrayal" for Indians and "discrimination" against Indians. Indians have always been known for their generousness. For many years, regardless of each other's support, the world's largest companies have produced in India, bought their products, created huge profits for them, proud of them, and cheered them, but what did they get? Do big companies bear their social responsibility for India? Maybe people are not friendly enough to China, maybe people don't like China to be stronger than them, maybe people don't like Chinese companies to make their hard-earned money in India, but the economic crisis has changed them, at least they are interested in a Chinese company!

All Indians, whether they are nationalists, patriots, or internationalists, whether they like China or not, are willing to see Chinese companies exist in India. Now, at least they are willing to accept a Chinese company, which is called a fairy. A Chinese investment company. Even the stubborn people who are unwilling to deal with the Chinese have to admit that he supports the development of the fairy in India. Even the fairy's current and future competitors in India have to admit her great contribution to India. Since then, Indians have accepted the fairy company from the bottom of their hearts, regarded her as the "most respected guest" in India, and even compared her with local Indian enterprises. In the past, Delhi was the pride of India, Tagorna was the pride of India, and Taka was the pride of India... Now, Indians also regard fairies as their pride, because people think that she deserves everyone's recognition and "India's respect".

The great achievements of India's economy have stimulated the nerves of companies around the world, especially the former world giants of Japan and the United States. Now they suddenly find that they have completely left the Indian market, where there is no place to gain a foothold. The company they have operated for many years have been "conspiracy to take away" and have to return to India. The degree will be "far away". The early recovery of the Indian economy is something they expected and their most shocking news event. To be honest, the Indian market is a large market that they must enter. No industrial giant will really give up India. In their plan, the Indian economy should still be in a small shock, which should be slightly It will improve, and it will grow slowly over a long period of time, waiting for them to re-enter! They don't want the market to recover, but they hope that the market will recover two years later, three years, or even four years later, even one year and nine months, so that they can reinvest as distinguished customers and regain the largest cookie in the market. However, now the early and rapid recovery of Beijing, India, has completely disrupted their plans, and the economy has not fully recovered. They are still fighting against strong enemies in the three major markets, and they can't get out to seize the market at all, and the funds have not accumulated at all. What's worse, they have just given up the market. Just two years ago or a year ago, the enterprises in India were transferred and all the funds were obtained. Now, how can they go back? What's more troublesome is that the hearts of the Indian people have been very unfavorable to them. Even if they start now, it is very impossible to quickly enter the Indian market. What's worse than this is that the Indians must have accepted another company, a powerful opponent they can't shake at all now!