At the same time that Qin Zheng frequently attended meetings and attended social activities in Japan, Ye Yanfu also negotiated a business agreement with the Japanese Tibetan Prime Minister Takahashi Shiqing. Moreover, unlike the peaceful and friendly atmosphere in which Qin Zheng participated, the negotiation of the business agreement between the two sides was tense and did not yield an inch. Because from the very beginning of the negotiations, considerable differences arose between the parties.

Japan's hope is that East China will be able to relax its asset resources, which are the resources most needed by Japan, such as coal, iron ore, and copper ore, as well as raw silk, cotton, and other raw materials for production, and reduce export tariffs on these items; while for Japan's main commodities exported to China, such as cloth, cotton yarn, textiles, and paper products, East China will be required to reduce or even exempt from import tariffs; at the same time, Japan also hopes that East China will be able to import more machinery and equipment, finished steel, and other industrial products produced in Japan. In addition, Japan wants to use the yen as the settlement currency for trade between the two sides.

In this way, Japan can import mineral resources from China at the lowest price and produce raw materials, and the industrial products it produces can be exported to China in large quantities, and it can occupy the Chinese market at a lower price. Not only can it balance the purchase of mineral resources and the expenditure on the production of raw materials, but also achieve a trade surplus, and it can also occupy China's trade currency market with the yen.

But such a request from East China ** will definitely not be agreed. Although the industrial products produced in East China are not very competitive in the world, and the exports are mainly mineral resources and production raw materials, East China ** The export control of mineral resources and production raw materials is relatively strict, not in order to earn a trade surplus and unlimited exports, every year will be exported in the current year of mineral resources and production raw materials estimated a fixed amount, and then distributed to the countries that need to buy, if there is no special event, generally will not buy the country's quota; moreover, in the export tariffs, also after careful calculation, generally consistent with the international prevailing prices, so that their mineral resources and production raw materials in the international market have a certain competitiveness, and at the same time maximize their own interests。

On the one hand, the elders know that relying on the export of mineral resources and production raw materials can not last long, in the final analysis, it is necessary to develop industrialization and export industrial products, and in order not to make East China rely too much on the export of mineral resources and production raw materials, it is necessary to limit the export of mineral resources and production raw materials, and also to force themselves to accelerate the development of industry; on the other hand, East China's demand for foreign exchange is not large, although East China is now Every year, a large number of machinery and equipment need to be imported, but now the currency used in China is silver, which itself is an internationally accepted metal currency, although East China ** issued silver dollars, but it is still based on silver, but after establishing a certain national reputation, it gradually replaced silver coins with paper money, and silver is used as a currency for foreign purchases.

Of course, this approach is not a long-term opportunity, because after all, East China has not been established for a long time, the foundation is not stable, and the people's trust in paper money is still not high, in the economic situation is good, there is nothing when the society is stable, once there is a wind and grass, it will trigger a boom in the exchange of silver coins, forming a run, and if there is not enough silver reserves as an anchor fund, it is difficult to deal with such a crisis.

However, since the establishment of East China, it first defeated the Eight-Nation Alliance, recovered the Tianjin Concession, and confiscated the foreign assets in the concession, as well as the ransom fees paid by various countries, so as to obtain a large amount of foreign exchange funds, and later Javanese overseas Chinese received a compensation from the Netherlands, plus the scale of East China ** was not large at that time, and there was actually only one Shandong Province, using these foreign exchanges, and then supplementing a piece of silver, which was basically enough to purchase funds from foreign countries, and at the same time could retain the necessary amount of silver to deal with possible crises.

After the Far East War, East China ** got a huge amount of compensation funds, foreign exchange reserves are extremely sufficient, it can be said that at least in the next 5 years, basically will not worry about foreign exchange, and 5 years later, East China's second five-year plan is completed, the production of industrial products will have a certain competitiveness, you can earn foreign exchange by exporting industrial products, in addition to the development of industry, can provide rich social products, so there is no need to reserve a large amount of silver as an anchor fund, so you can also exchange silver for imports.

And East China also has strict control over imported goods, the import tariffs on machinery and equipment, spare parts, grain, and steel products required by East China are very low, and some are even zero tariffs, because these are the shortcomings of East China, so imports will not be restricted, and for cloth, cotton yarn, textiles, paper products, such light industrial products, due to the development of East China, and there is also a large output, although it is not enough to monopolize the domestic market, East China The tariffs on this commodity are relatively high, so as to ensure that the price of these imported goods is slightly higher, so as to ensure the industrial development of East China's own industry, of course, it is impossible to agree to Japan's requirements.

As for Japan's request for East China to import more machinery and equipment, finished steel and other industrial products produced in Japan, East China has not refused, because these are originally needed by East China, although the quality of these products in Japan is worse than that of European and American countries, but due to the proximity to China, the freight is low, and the price is cheaper, but East China does not guarantee the number of purchases, everything is decided by the market, but these goods can enjoy the benefits of substantial tax reductions.

Japan's proposal to use the yen as the settlement currency of trade between the two sides, the negotiating team of East China also resolutely refused, but insisted on using the currencies of Britain, France, the United States and Germany, as well as gold and silver as the settlement currency.

East China's first requirements for Japan is trade reciprocity, fully open the market, Bi Jing is now East China's best goods in Japan whether it is quality or price is not competitive, so there is no way to pursue too detailed goals, only with a trade reciprocity principle to cover all the requirements of East China, mainly for the future East China ** after the development, fully enter the Japanese market to prepare. At the same time, it was also proposed that the principle of open markets and reciprocal trade should apply not only to Japan's four mainland islands and their affiliated islands, but also to the Korean Peninsula, the Ryukyu Islands, Taiwan, and other regions controlled by Japan.

Japan does not oppose the principle of open market and reciprocity of trade in principle, but refuses to expand the Korean Peninsula, the Ryukyu Islands, Taiwan and other regions, because the Japanese know very well that East China is not a drunkard's intention to drink, and the focus is not on developing trade with these places, but on taking the opportunity of developing trade to infiltrate civil society in these places, which is of course unacceptable to Japan, and Japan in turn demands that East China stop supporting the Korean Renaissance Society and extradite the head of the Korean Renaissance Society to South Korea for trial.

It turned out that after the end of the Far East War, a group of Koreans led by Kim Chang-so, with the support of East China, established the Korean Revival Society, headquartered in Shenyang, determined to expel Japanese forces, restore the independence of the Korean Peninsula and establish a modern country. Originally, there were more than 10,000 Koreans who had withdrawn from the Korean Peninsula with the People's Army, so not only did they build a relatively complete organization, but they also organized a regimental army.

Because during the negotiations in Shanghai, it was stipulated in the agreement that the Korean Peninsula was open to East China, and East China could invest and do business on the Korean Peninsula and establish commercial banks, which provided a lot of convenient conditions for the Korean Renaissance Society to sneak back to the Korean Peninsula.

Of course, the Japanese on the Korean Peninsula will also be aware of these activities, but it is difficult for them to deal with the Koreans who hold East China ** passports, because the East China ** General Chamber of Commerce in Seoul will intervene in the name of East China ** to protect their own citizens, so it is impossible to arrest and interrogate unless there is very conclusive evidence. Bi Jing is still quite taboo in Japan now.

In addition, although Japan controls the Korean Peninsula, but the Korean Li Dynasty is still there, in the name of the Li Dynasty is the supreme ruler of the Korean Peninsula, although Japan can control the upper class of South Korea by controlling the Li Dynasty, but the control of the middle and lower classes of society is still very limited, the Korean Renaissance Society has the support of East China, and can find extensive support in the middle and lower classes of South Korea, which also makes the Japanese in the Korean Peninsula quite a headache.

So in this trade negotiation, the Japanese side put forward this article as a condition for Japan, but of course East China will not accept this burden, Ye Yanfu immediately thought that this was a trade negotiation, not involving political issues, if Japan wants to talk about this issue, it should be raised in the talks with Qin Zheng, and Qin Zheng negotiated to solve it.

In fact, Japan put the matter of the Korean Peninsula in the trade talks, not in the talks with Qin Zheng, that is, it did not want to destroy the atmosphere of friendly and peaceful talks between the two sides, but now Ye Yanfu has obviously seen through this, and he insists on not accepting the offer, which also makes Japan have nowhere to be powerful, and it cannot sabotage the trade negotiations between the two sides for the sake of the Korean Peninsula affairs, so it can only give up.

However, although the Korean Peninsula issue was no longer mentioned, the differences between the two sides on trade were still very serious, and neither side was willing to make concessions, so the talks lasted for five days, and there was nothing to show for in other respects, except for the principle that Japan should open its markets at the same time and the principle of reciprocity in trade. At this time, Qin Zheng's visit in Japan also came to an end, Bi Jing met with all the people he should meet, talked about everything he should have talked about, and expressed all the goodwill that should be expressed, and it didn't make much sense to stay in Japan any longer, it was nothing more than a show, so Qin Zheng decided to return to China first, leaving Ye Yanfu in Japan to continue negotiations.