Chapter 680: The Rise of the Asian Dollar of Oil!
Headquartered in Mandalay, the Asian Infrastructure Investment Bank (AIIB) is another large-scale investment decision launched by Yang Weiping in the financial sector after the establishment of the Asian Development Bank.
The Asian Infrastructure Investment Bank (AIIB) will not only consolidate the infrastructure construction of the economic growth engine of OUCC, but also improve the efficiency of capital utilization in Asia and the level of contribution to regional development. Infrastructure investment is the foundation of economic growth, and it has great potential in all kinds of business investment, and the growth driving force is very strong.
"Studying how to turn high savings into high investment in Asia" will be one of the important tasks of preparing for the establishment of the Asian Infrastructure Investment Bank.
OUCC advocates the establishment of the Asian Infrastructure Investment Bank, which on the one hand can continue to promote the reform of the International Monetary Fund and the World Bank to adapt to the changing international landscape, and on the other hand, it will also supplement the current investment, financing and international assistance functions of the Asian Development Bank in the Asia-Pacific region.
Following Nanyang Commercial Bank and Asian Development Bank, the AIIB is an important initiative by Yang Weiping to try to let the nascent Oriental Union lead the international financial system. This is also Yang Weiping's attempt to let OUCC give full play to the power of capital in the international financial circle in its diplomatic strategy, and it is also the institutional guarantee for the internationalization of Asian Yuan.
Since Hong Kong was incorporated into the Asian dollar system, the Hong Kong dollar has gradually been replaced by the Asian dollar, which has become Hong Kong's third international currency settlement unit after the US dollar and the British pound.
According to the Myanmar-Taiwan strategic cooperation alliance agreement signed with the Taiwan government, Taiwan will officially enter the Asian dollar system after the official founding of the Eastern Union.
In the joint statement of the East Soviet Union, there is an important agreement clause in the East Soviet Union, that is, the Soviet Union recognizes the Asian dollar as the settlement currency.
If Britain can be brought into the AIIB, it will play a great role in promoting the international credit of the Asian Infrastructure Investment Bank, which will be established soon.
With the Soviet Union and the United Kingdom joining the AIIB, Yang Weiping has full confidence that he will next transfer China, the Federal Republic of Germany, the GDR, France, Thailand, Cambodia, Vietnam, Laos, Pakistan, Sri Lanka, Bangladesh, Nepal, North Korea, Mongolia, Iraq, Iran, the United Arab Emirates, Kuwait, Oman, Qatar, Macao, Australia, New Zealand, Argentina, Kenya, Somalia, South Africa, Egypt, Libya, Denmark, Norway, Switzerland, Sweden, Italy, Spain, Portugal, Finland, Poland, the Netherlands, Iceland and other countries and regions have been incorporated as founding members.
Margaret Thatcher asked the AIIB to participate in European infrastructure investment. Undoubtedly, it is in the hands of Yang Weiping.
Yang Weiping knew very well that the purpose of Margaret Thatcher's proposal was to figure out the organization of the Guò AIIB to promote the Soviet Union's decision to invest in the construction of oil and gas pipelines in European countries.
As long as he can ensure that the Soviet Union will not completely disintegrate in 1991 as in history, Yang Weiping has full confidence in the deterrent power of the polar bear's powerful military force against the world. Let the AIIB reap the commercial profits and political benefits of infrastructure projects in Europe.
As for the future after the collapse of the Soviet Union, it will also be possible to convert all Soviet investments in Europe into AIIB investments through guò operation.
If this vision is realized, it is likely that in the future there will be no euro again, but the Asian dollar.
In the past, North Myanmar cooperated with China and Vietnam in the South China Sea, cooperated with Middle Eastern countries such as Iran, Kuwait, Saudi Arabia and Oman in the Persian Gulf, Ethiopia and Somalia in Africa, and Brazil in South America. It holds a large number of high-yield offshore oil fields with a high share of equity, and even directly controls several large oil countries, which makes the Asian dollar settled with the oil structure, and the international credit is called a carrying.
In 1984, North Burma's income from oil exports reached 375 billion Asian dollars, which is converted into 75 billion US dollars!
It is precisely because of this that Yang Weiping is determined to go all out to develop the navy and air force. to ensure that OUCC currently has a maritime strategy and interests.
Although Yang Weiping has always regarded US imperialism as the greatest imaginary enemy, he is still very self-aware not to touch the interests of US imperialism in land oil resources. Offshore oil fields are far more difficult than onshore exploration and sky mining. Without this technology, even if you know that the sea base is rich in oil resources, you can only sigh.
Since Yang Weiping had always maintained a good commercial and technical cooperative relationship with the United States, the US imperialists could only turn a blind eye to Sir Yang's continuous expansion in the offshore oil fields. After all, the dollar is not yet fully pegged to oil.
However, the emergence of the Asian dollar of oil. This has strengthened the US imperialists' determination to penetrate the Middle East.
This huge amount of oil sub-dollar has a great impact on both oil-importing and oil-exporting countries, and even on the entire world economy. For oil-exporting countries, the sub-dollar income from oil is huge. However, its domestic investment market is too small to fully absorb so many Asian dollars, and it must be used abroad in the form of capital export.
As far as the western industrialized countries are concerned, due to the sharp increase in foreign expenditure on imported oil, most of the balance of payments are in huge deficits, and if they seek to improve their balance of payments by adopting contractionary measures or restricting oil imports, it may lead to economic recession and affect the development of world trade. Therefore, most of the industrial countries want the return of the Asian dollar of oil: from the oil-exporting countries to the oil-importing countries, which leads to the return of the Asian dollar of oil.
After the emergence of the petrodollar, it had a huge impact on the world economy and international finance:
First, it has provided abundant funds for oil-producing countries, promoted the economic development of these countries, changed their long-standing single economic structure, and gradually established an independent and complete national economic system.
Second, there has been a new imbalance in the balance of payments of different types of countries, and the balance of international reserve forces has undergone structural changes.
Third, it has exacerbated the turmoil in the international financial market. After the Asian dollar was put into the international market, on the one hand, it enriched the international credit force and met the needs of many countries for long-term and short-term credit funds. On the other hand, it has caused a large amount of capital to flow between countries. Investing in stocks, gold and currencies at times, the stocks, gold and foreign exchange markets are even more volatile.
With Thatcher's shrewdness and keen political awareness, it is natural that she can see clearly the enormous potential of the oil sub-dollar. Therefore, when Yang Weiping proposed a kind invitation for Britain to join the Asian Infrastructure Investment Bank, the Iron Lady immediately thought that this was an important move to further strengthen the Asian dollar of oil.
The UK's accession to the AIIB as one of the founding members of the founding committee will certainly outweigh the disadvantages for the UK.
The main thing is that if the AIIB can be allowed to participate in the construction of the European oil and gas pipeline project with Soviet investment, it will certainly greatly dispel the Soviet Union's wariness.
Yang Weiping held a satellite mobile phone, pacing back and forth in the study, while repeatedly weighing and analyzing the stakes of the AIIB's investment in European infrastructure projects, and after thinking about it, he resolutely made a decision.
"Madam, the AIIB can raise a sum of no less than 50 billion Asian dollars in the early stage as start-up capital for the Soviet Union's investment in the laying of oil and gas pipelines in Europe. Yang Weiping looked solemn, and said very seriously into the microphone of the mobile phone: "As for what mortgage to take, I am responsible for negotiating with Andropov." ”
Mrs. Thatcher secretly rejoiced when she heard this, but she asked very calmly: "What is the total capital of the AIIB?"
"The total authorized capital is 500 billion Asian dollars, which is equivalent to 100 billion US dollars. Yang Weiping sat down slowly behind the desk, tilted his head and pressed the mobile phone on his shoulder, took out a cigar cutter to cut off the head of a cigar, and said slowly: "My plan is to divide the entire share capital into 100 shares for every 5 billion Asian dollars, or 1 billion US dollars.
The Central Bank of Oriental Union has invested 50 billion Asian dollars and holds 10% of the shares, and I have also invested 50 billion Asian dollars and holds 10% of the shares. In addition, I used my 10% stake to borrow 50 billion Asian dollars from the Asian Development Bank and bought another 10% of the shares. Nanyang Commercial Bank invested 5 billion Asian dollars and held a 1% stake. ”
"Hehe, 31%, it seems that you are planning to let OUCC control the AIIB!" Mrs. Thatcher smiled meaningfully: "The British government does not have such a strong capital as you, but I am more optimistic about you as the AIIB." So, if I take out 200 million pounds, how many shares are you going to give?"
"Based on today's exchange rate of 1 pound to 1.8569 US dollars, 200 million pounds is equivalent to 371.38 million US dollars. Yang Weiping replied accurately: "Combined with the intangible assets of the British government in the international financial field and international politics, I give my wife 1% of the shares, I don't know what my wife thinks?"
Of course, Margaret Thatcher understood that Yang Weiping was sending her a favor, but she said with great dissatisfaction: "Is the reputation of the British Empire in the international community only worth $628.62 million?"
"Hehe, ma'am, this account cannot be counted like this. Yang Weiping smiled disappreciatively: "The establishment of the AIIB is all about taking real money." My wife was only willing to pay 200 million pounds, and I took the initiative to give my wife 1% of the shares, and I had to persuade the Central Bank of Oriental Union to come up with 3.1431 trillion Asian dollars to make up for the shortfall. I think I'm sincere about the British Empire. ”
"How much did Andropov pay, and how much shares did you give to the Soviet Union?" asked Mrs. Thatcher very seriously, without answering Yang Weiping's words.
Yang Weiping replied with a deep groan: "Andropov only promised to give a symbolic 500 million new rubles, which is about 280 million dollars according to the double exchange rate recently announced by the Soviet Union, and I also only promised to give 1% of the shares of the Soviet Union." This is also a generous reward for the support given by Andropov and his wife in the establishment of the AIIB. It's true that OUCC is rich, but we can't be wronged!" (To be continued......)