Chapter 32 (1/2)
So it's impossible to exchange large amount through regular channels, and there are many people in China who need us dollars, so there are many such reverse exchange markets, but you can find such black markets in Xiaotang, and they can eat as much as you want. ” ”I don't want to deal with them. Those people are too dangerous.” Tang Qing said truthfully, of course, he also knows that there are such a group of people doing this kind of foreign exchange scalping, after all, the domestic demand for the US dollar is huge.
Not only the government, but also the private people need a lot of US dollars. For example, those who study abroad, travel or go abroad for other reasons need a lot of US dollars. But each person's annual foreign exchange quota is limited. Later Tang Qing remembered that each person's annual foreign exchange quota was 50000 US dollars.
He didn't know which year it was implemented. Generally speaking, it's enough to go abroad for shopping, but it's hard to support the rich. Many people don't want to use their own personal quota or use it up, and some people want to go abroad for shopping.
Some people launder money, transfer assets, gamble abroad, buy American stocks and Hong Kong stocks through underground banks, and even some people have a strange habit of collecting and storing US dollars or paying bribes with them.
Such a huge demand.
But domestic banks are not satisfied at all.
Even Tang Qing thought that it would be nice if the domestic banks could meet 10% of the demand, and 90% of the rest came into the private sector through this group of profiteers. It can be imagined how large the transaction volume is, which is almost amazing.
The whole private foreign exchange market is basically supply less than demand, demand has been very strong, how much money can eat.
The point is, what are these villains doing?
Part of it is that the national supervision of those who want to study abroad or travel is not too strict, but a considerable part of it is money laundering, smuggling, illegal transfer of personal assets and other acts. It is too dangerous to cooperate with them. And he can't distinguish between the two or he's both doing these two kinds of business. If he doesn't do well, he'll put himself in it.
Zhang Dongqing nodded as soon as he heard it. Zhang Dongqing also knew that what they did was not a normal thing. They swam on the edge of the law. In his opinion, Tang Qing's behavior was illegal, but it was nothing to do with him. Even if something happened, they were also informed. The stronger Tang Qing was, the better.