November 7th.

Monday.

Capital.

Lang Cai and his entourage arrived at the Beijing Airport at 10:10 in the morning.

Since it was not an official state visit, it was just a matter of discussing the RMB loan, so it was not very grand, but according to the general reception process for foreign guests, Lang Cai and his party were taken to the living room.

All the collateral information and application materials were transmitted to the capital last Friday, so there is no need to discuss it again, and the capital has completed the preliminary preparations by taking advantage of the weekend.

Just wait for Lang Cai to agree to some conditions, the loan will be officially approved, and the specific loan meeting will of course not involve the big leaders, they have all the opportunities, how can they have time.

So after a polite meeting and taking a photo, he left.

Only the people of commerce, foreign affairs, the central bank, and the head offices of the four major banks are left.

Zhu Wei, governor of the central bank, presided over the meeting.

The commercial department is responsible for the negotiations.

To be honest, it stands to reason that Zhu Wei should not preside over it, after all, the central bank is the issuing institution of the RMB, and it is not open to the outside world, and it has no right to lend, but this time, since Huaxia Bank wants to obtain a banking license for Burma.

This will certainly involve the clearing systems of the central banks of both countries.

Then this is the business scope of the central bank, and none of the four major banks can decide.

"President President Tsai, once again welcome to visit China, we agree in principle to the loan application of 160 billion yuan, but we have several requirements in terms of details. ”

"Speak. Lang Cai said.

"You mentioned the use of RMB loans in the purpose of the loan, which is mainly used to purchase China's building materials, machinery, equipment, services, etc., for this, we thank you for your trust in Huaxia and RMB, and thank you for your support to our domestic enterprises.

You mentioned that 40% of the loans will be explicitly used by Huaxia's service providers, but we hope to increase it to 70%, and you know that we have extensive experience in projects such as roads, bridges, railways, airports, terminals, power stations, etc.

There are also many high-quality and low-cost products in automobiles, industrial equipment, heavy machinery, and metal smelting, and there are many possibilities for cooperation in the field of technology, and I think 70 percent is not a high number. ”

In the email I sent earlier.

The railway, long-span bridge, airport, wharf, hydropower station and other projects planned by Myanmar have been clearly pointed out that they will be handed over to Huaxia companies to do, with a total investment of nearly 70 billion yuan, but many other projects have not been clearly 'whereabouts'.

That's why I want to increase the ratio this time.

This money is not RMB, so it can only be sold in China, such as construction bidding, Chinese companies can come, foreign companies can also come, and Burmese domestic companies have nothing to say.

It is good to say that Huaxia Company won the bid and made money, which is generally used for the operation of the enterprise.

However, after a company in other countries wins the bid, the money it earns will not necessarily be invested in China, for example, a company in Burmese will definitely convert the renminbi into the Kyat, so where can it be exchanged? Of course, it is the central bank that is looking for the Burmese carapace.

What about the Central Bank of Myanmar?

Naturally, the kyats will be given to the company, and the renminbi earned by the company will be collected, and then used as the foreign exchange reserves of the Burmese scab, which will be deposited there, and at some point in the future, it will be returned to the bank in China as interest or principal.

For a short period of time.

There is simply no way to enter the market.

Therefore, it is necessary to increase this ratio, and the main purpose is to allow the renminbi to enter the Chinese market and promote economic development, rather than precipitating or being hedged by trade between the two countries.

Lang Cai tried his best to keep smiling and said: "This proportion is a bit high, we also have to take into account the employment problem in our country, the proportion of 40 percent is promised before, increase to 45 percent, I think it's just right, at most we can increase the proportion of Huaxia industrial equipment in other commodity imports... ”

"President President Tsai, I also know about employment in Myanmar... ”

Every point in this.

What is represented is not hundreds of millions, but billions of capital flows.

As long as we strive for one more point, we can create more than one billion yuan of investment for the country in disguise, so the competition for this is unsparing, but fortunately, everyone has a number, and in the end this proportion stayed at 59 percent.

It's a joy for all.

Huaxia won 59% of this money, and it does not mean that Burmese will lose, and those who promoted this loan in the back do not care, first, they really can't handle many things themselves, and they must buy them from Huaxia.

Among them, infrastructure accounts for the majority of this plan, which is why they are eager to raise the ceiling, because according to the previous scale of 80 billion, although the project they got in their hands was sweet, it was far less big than it is now.

"Second, we hope that Myanmar will open up bank access to China, and allow banks in Myanmar to engage in deposits, loans, currency exchange, credit consumption and other banking services in Myanmar. ”

“。。。。。 ”

“。。。。 ”

It's close to noon.

Negotiations have only been a fraction of what happened.

After lunch.

Negotiations continue.

As it approached dark, the terms of the entire loan were finally set.

First, at least 59 percent of all loans should be used for the purchase of services and goods in Huaxia.

Second, the Burmese Bank of China and the Huaxia Construction Bank each issued a banking license to allow the two enterprises to enter the Myanmar banking industry and carry out general banking business such as deposits, loans, and exchanges.

Each bank can open no more than two branches in cities above the first level of Myanmar city, and no more than five branches in the capital of Myanmar, and cannot settle and accept with the US dollar foreign exchange reserves of the Central Bank of Myanmar, and as for the credit card business, it is promised to open after three years.

。。。。。

The remaining dozens of articles are mainly about agreeing on the bidding and other details of some projects.

Arguably.

Lang Cai already had a headache in the morning, but fortunately he was not the main negotiator, but he just needed to make the final decision on some big interests.

All that remains is zero-sum negotiations with the Huaxia Department of Commerce.

This time.

Zero's negotiation ability is the only time that Lang Cai is pleased, they were all scolded by Zero before, and they can't be scolded every time, but this time Zero is helping himself, looking at the bitter gourd face opposite, Lang Cai feels in a good mood.

And the zero negotiation ability also left a deep impression on the Chinese side.

Overall, it's a happy one.

。。。。。。

At night.

Tang Qing finished watching the minutes of the entire meeting.

One of the credit cards they mentioned made him intrigued.

If you want to invigorate the economy, overdraft consumption will become inevitable, and an important part of the stimulation of domestic demand in Myanmar in the future is to expand the group and scope of loans, but at present, Myanmar does not allow foreign banks to carry out credit card business.

However, the Bank of Myanmar Group can do it, but not elsewhere, at least it can be launched in the Myanmar-Asia Special Economic Zone, and it can also be used as a test field to prepare for a large number of popularization in the future.

To know.

Credit cards are an important cash cow for banks.

In Western countries.

Credit cards are the real things that make money, and as for other ordinary loans, it's just a small way, especially Western banks that have been practicing low interest rates for a long time, with an annual interest rate of 3 percent or 2 percent, can make a fart of money.

New York, USA.

The annual interest rate of 18 per cent is an offence under the Civil Code.

The 25 percent annual interest violates the criminal law and can be arrested directly.

The interest rate of credit cards can be as high as thirty or forty percent, and it can be said that in the United States, or in Western countries, credit cards are the only legitimate usury and the biggest source of profit for bankers.

At this time.

Tang Qing finally understood how cruel and acute the conflict between Alipay and WeChat, as well as foreign banks, was.

Past.

Alipay and WeChat Pay wanted to enter the foreign market and gain recognition, but they were obstructed at all levels, and in the end they had no choice but to retreat in China, Tang Qing actually used to be strange.

But this moment.

From the point of view of the bank's interests.

These two things are really like enemies.

Because these two things are robbing banks of profits, they are bound to be strongly resisted by banks in other countries, and it is basically impossible to enter those countries and want to be legal.

For example, Alipay wants to enter the U.S. market.

First, Alipay is going to lobby the U.S. Supreme Court to make this change system legal in the U.S.

At the same time, it has to lobby the 50 states in the United States, persuade the legislatures in each state, and finally persuade the Federal Reserve to let it relax its regulation of banks, and it will have to revise the Federal Reserve's financial regulation bill.

Boy.

this road.

It's not something that a company can go, and this kind of situation is similar in Western countries, you can't get in, because you are challenging the interests of all the local banks, and the law will not let you in.

To put it bluntly, Alipay and other mobile phone payments can be successful in Huaxia, but the domestic banks have not yet reacted, and they have been caught off guard, and they still want to enter foreign countries, especially Western countries, how is that possible.

Won't give you a chance to make a move.

Tang Qing opened a bank.

If there are two such payment methods in the Myanmar-Asia Special Economic Zone, he can do very simply, either recruit Ann into the Myanmar-Asia banking system, or block it out, and it is impossible to live in peace.

There is no relationship that can coexist, Huaxia is a special market segment of the market rights and legal vacuum, homeopathic rise, except for Huaxia, there is no such opportunity.

Even if the future is in the nearest island country, don't look at how popular it is on the news, and how many tens of thousands of registered businesses are registered.

That's just for people who travel to China, the real island people, use less than one percent, this one percent, basically have been to China to travel or work, the average island people don't need it at all.

That kind of seemingly hot data, tens of thousands of registered businesses in island countries, and one percent of the number of users, is actually meaningless.

The most important of these is interest.

If you still want to participate in consumer lending, you are digging into the corners of the bank, and if you expand to the lending business of all industries.

I didn't say anything.

The bank will definitely not do it, and these two guys will inevitably be recruited by the central bank.

Therefore.

The scale of these two parties has been limited, waiting for the improvement of the relevant laws in China, although these two payment methods will not die, but they will eventually be put in a cage and enter a stable development trajectory.

Alipay and; And all banks are almost natural enemies.

They want to be the enemy of the world's banking system.

It's not hard to guess.