Under Su Ran's farsighted command, Great Qing was like a massive vessel cutting through the waves of a storm. Various countermeasures advanced with difficulty yet unyielding resolve, quietly driving subtle changes in the landscape of two crucial sectors: finance and technology.
Turbulence on the Financial Front
On the financial battlefield, relying on decisive action and substantial foreign exchange reserves, the central bank launched a breathtaking defense of the currency's exchange rate. Its active intervention bore initial fruit: the free fall of the exchange rate was effectively checked in the short term, temporarily stabilizing their position. Meanwhile, regulatory bodies acted as ironclad guardians of the financial markets, striking back against malicious short-selling with thunderous force. A series of strict regulatory measures and decisive enforcement actions hung like a Damoclean sword, instilling fear in speculators who sought to destabilize the market, thereby curbing the rampant speculative frenzy to a noticeable degree.
Chapter 182