Chapter 204 In and Out

"You're not referring to Qianda Real Estate, are you?"

Cheng Liren's heart tightened.

"So far, besides Qianda Real Estate's massive overseas real estate project, who else in China has invested abroad?" Chen Feng replied calmly.

"Then we're finished." Cheng Liren suddenly slumped to the ground. Although his younger brother, Cheng Lifeng, wanted to trick him, he was still very worried about Cheng Lifeng for making such a huge, irreparable mistake this time. No matter what, Cheng Lifeng was his brother, an undeniable fact.

"Dad, what are you and Chen Feng talking about? I don't understand at all! China's Qianda Real Estate is quite famous recently, ranking among the top three real estate developers in China. Isn't it good that Uncle made money with this developer? Why are you so scared?" Cheng Lu asked, looking confused.

"Ask Chen Feng. See if he can tell you the whole story." Cheng Liren deliberately passed the ball to Chen Feng. His simple goal was to assess Chen Feng and see how deep his understanding of issues was.

"Chen Feng, tell me, what exactly is going on?" Cheng Lu turned and asked Chen Feng.

"Miss Cheng, it's normal that you don't know about Qianda Real Estate. China's real estate market has been too distorted in recent years, so strange things happening isn't surprising. Taking Qianda Real Estate as an example, its peculiarity lies in borrowing money from Chinese banks to invest overseas. This itself isn't a major issue; it's normal for export businesses. What's abnormal is that the money Qianda earned overseas hasn't flowed back to China but stayed abroad directly. China cannot ignore such matters. Real estate has been sluggish in recent years, with frequent defaults. Other real estate defaults are manageable; the money at least stays in China. Qianda is different; once it defaults, all the money goes overseas," Chen Feng explained carefully.

Cheng Liren was very satisfied upon hearing this. His depth of understanding surpassed most people. One had to admit that Chen Feng's insight was truly high. Ordinary people had no idea what Qianda would face next, but Chen Feng knew.

"Then what will happen next?" Cheng Lu asked tentatively.

"The state will recall Qianda Real Estate's loans in advance, forcing Qianda Real Estate into bankruptcy. This way, Qianda's money will remain in China," Chen Feng replied calmly. Cheng Liren was once again impressed. Chen Feng not only had accurate foresight but also strong analytical skills.

"If that's the case, then isn't my uncle in danger?" Cheng Lu asked tentatively.

"Yes. This is also why I could help your uncle and father reconcile. I will go find your uncle immediately, tell him to cut his losses in time, and then attribute it to your father's idea. This way, your uncle won't have any more crooked ideas in the future and will follow your father wholeheartedly." With that, Chen Feng went directly to find Cheng Lifeng. The real estate situation was changing rapidly, and it was imperative to find Cheng Lifeng immediately.

"Dad, do you think Chen Feng can persuade Uncle?" Cheng Lu asked worriedly after Chen Feng left.

"If even someone as intelligent and gifted as Chen Feng cannot persuade your uncle, then your uncle is destined for eternal damnation," Cheng Liren replied calmly.

"Is it that exaggerated?" Cheng Lu was stunned for a moment.

"Not at all. Your uncle is blinded by money, and it's hard to persuade someone who is blinded by money. However, I have faith in Chen Feng. This young man has a characteristic: he is good at simplifying complex issues." After Cheng Liren's analysis, Cheng Lu was no longer worried.

A moment later, Chen Feng found Cheng Lifeng in his office.

"Isn't this the man my niece likes, Chen Feng? What are you doing here?" Cheng Lifeng asked, puzzled.

"I'm here to save you," Chen Feng said lightly.

"Hahaha, Chen Feng, are you crazy? You came here to save me? I am the esteemed second-in-command of Jiangcheng. Even if something were to happen, it would be the big shots from the provincial capital to save me. When has it ever been your turn, a基层 in the power hierarchy, to save me?" Cheng Lifeng roared with laughter.

"This time, you've made too big a mistake. Even the provincial capital cannot save you," Chen Feng continued to reply unhurriedly.

"Get out! I was initially willing to overlook things because of my niece, Cheng Lu, but you're pushing your luck." Cheng Lifeng roared.

"I'm also here out of consideration for Cheng Lu, which is why I'm meddling. I'm too lazy to bother with ordinary people. If you want to court disaster, go ahead," Chen Feng provoked.

"Fine, then tell me, how am I courting disaster?" Cheng Lifeng asked, suppressing his anger.

"Elder Cheng, I'll ask you a few questions. Answer them honestly. If after I've asked all my questions, you still think I'm talking nonsense, I will never appear before Cheng Lu again," Chen Feng said calmly.

"Alright, ask away."

"Elder Cheng, did you borrow money to invest in Qianda Company?"

"How do you know?" Cheng Lifeng was startled. This was something even his brother, Cheng Liren, didn't know, so how did a grassroots in the power hierarchy find out?

"Elder Cheng, never mind how I found out. I'll continue asking my questions. Does Qianda Company only send money overseas and not bring it back to China?" Chen Feng asked with a serious expression.

"Yes." Cheng Lifeng initially wanted to deny it, but he reconsidered and didn't. He wanted to play along with Chen Feng and see what his intentions were.

"That's it. There's only one path for you, Elder Cheng: divest immediately. Do it today, or you won't be able to withdraw your funds later," Chen Feng said with a solemn expression.

"Chen Feng, are you sick? Qianda Real Estate's overseas investment project this time is massive. Not only did they borrow money from banks, but they also raised a lot of private funds. A large project means making big money, what's the problem? Are you jealous of me and came here to cause trouble?" Cheng Lifeng questioned angrily.

"Elder Cheng, I'm not that bored. Don't get agitated. I'll ask you a few more questions, and after that, you'll understand everything," Chen Feng said calmly.

"Ask." Cheng Lifeng replied impatiently.

"In recent years, has China's real estate industry been sluggish?"

"Yes, otherwise Qianda Real Estate Company wouldn't be thinking of investing in such a large overseas real estate project," Cheng Lifeng replied assertively.

"Alright, then I'll continue asking. If you were the state, and you saw your country's companies only moving money abroad and not bringing it back, what would you do?" Chen Feng's rhetorical question left Cheng Lifeng speechless.

"Elder Cheng, you're smart. You should know the final consequences of this matter. Withdraw your funds before Qianda Real Estate Company completely collapses," Chen Feng said calmly.

"Will Qianda Real Estate Company return my money?" Cheng Lifeng asked with a worried expression.

"Generally, with excuses, Qianda Company will definitely not return the money. You need to come up with a foolproof excuse to get your money back," Chen Feng replied calmly and composedly.