Historically, in order to build the Chengdu-Kunming Railway during the New China period, the construction began in 1958 and was not put into operation until 1970. Pen @ fun @ pavilion wWw. ｂｉｑUｇE。 As for the construction of the railway line from Nanning, Guangxi to Kunming, Yunnan, it only started construction in 1990, and it took 7 years to complete the whole line with the technical and financial strength in the 1990s.

It can be said that in this era, without the support of world-class capital and technology, it is simply unimaginable for the Ming Dynasty to build a road from Guangdong through countless karst landforms and various complex terrains into Yunnan.

Now the British have offered to provide financial and technical support, even if they regard it as a good deal, for Zhu Jinglun, it is also a sleepy pillow. But since the British thought that they would get more benefits by building the railway, Zhu Jinglun felt that the British might pay a higher price.

So he asked Wu Chongyao to agree to the request of the British, but put forward a condition, that is, it could be financed through the British banking giants, but Daming could not provide a guarantee, and could only use the future operating income of the railway itself as collateral for repayment, and could not let the Ming government finance guarantee for this. British technical experts could be hired, but they had to work under the management of the Ming engineering team, not control the construction of the railway.

In later generations, China's efforts to promote high-speed rail abroad reached the point where the sovereignty of the other side was not guaranteed.

But the British agreed.

A few days later, someone suddenly came to the door, a middle-aged Guangdong man in a suit and leather shoes.

This person is called Rong Yiting, this name is not conspicuous in this era, but his background can be big in later generations, he is the cousin of Rong Hong, China's first foreign student, one of his sons passed to Rong Hong, this son's grandson is called Rong Yongdao, and the word "Coopers" of the world-famous PricewaterhouseCoopers accounting firm in later generations comes from this.

The reason why Rong Hong was able to study in the United States was that he thought that the Rong family was relatively much more open, or pragmatic, and did not have so many xenophobic thoughts, so Rong Hong was sent to study in a foreigner school in Macau since he was a child, and the other children and grandchildren of the Rong family were basically like this, so the children of the Rong family had a large number of talents who knew foreign languages, which was a huge advantage in Guangdong and Hong Kong in the early days of the opening of the port, so that there were many compradors among the children of the Rong family.

Rong Yiting is such a comprador, he is the second comprador of Standard Chartered Bank in Hong Kong, and the first comprador of Standard Chartered in Hong Kong is his father Rong Liang, it can be said that he entered the industry with his father's connections, and in history, his family has been compradors in Standard Chartered for four consecutive generations.

Standard Chartered Bank is one of the few British banks that have not been controlled by Zhu Jinglun, the Shanghai financial crisis in 1866, so that Zhu Jinglun's hand can penetrate into a large number of British banks, but there are two he failed to succeed, one is Liru Bank, one is the benefit bank, the other is the Standard Chartered Bank, the common feature of these three banks is that they are all note-issuing banks in Hong Kong, they all use enough power to issue Hong Kong dollars, in fact, when the economic crisis occurs, it is because of the final bailout of the British government in Hong Kong, It is only because these two banks did not accept the control of Daming Capital, obviously the British did not want Daming to infiltrate the Hong Kong financial sector.

In Chinese history, the largest bank has always been HSBC, and the second is often Standard Chartered, but in terms of background, Standard Chartered Bank is much deeper than HSBC. The word Standard Chartered means Queen Victoria's charter, a multinational bank with its headquarters in London that was licensed by the Queen of England to open up trade in the East.

From the very beginning, Standard Chartered was a cross-bank with an initial capital of more than 700,000 pounds, and it did not open with a third or less of the capital as a general joint-stock bank, but paid half of the capital. Obviously, the strength is extremely strong, and it is impossible to say that there is no strong force behind it.

In 1858, the first year of its opening, Standard Chartered opened its first branch in Kolkata, India, in the same year it opened its second and third branches in Mumbai and Shanghai, the following year it opened branches in Singapore and Hong Kong, and five years later in South Africa.

Such a speed of development obviously cannot be explained by the normal speed of development, and the water behind Standard Chartered is deep.

Rong Yiting, on behalf of Standard Chartered, was the first to find the Ming government, which is enough to see their background, because Rong Yiting is here to talk about the Yunnan Railway loan, in this railway, and even when the railway construction plan has not yet appeared, Standard Chartered can come to the door, if it is not from the British government where to get the news, that is, directly from the Ming Department of Foreign Affairs, and the former is more likely, because they are in front of all the Ming Ming banks with a deeper background in the Ming government, obviously it is impossible to get the news in the Ming Dynasty.

It is not known if it is Rothschild or Bahrain, or other giants that are more hidden, it is very likely that there are a large number of giants, including Roche and Bahrain.

Rong Yiting took care of everything, saying that Standard Chartered could help Daming borrow money from the UK, and the interest rate was quite favorable, only four percent, and claimed that the Ming government could not find a more favorable interest rate than this.

They also submitted their financing plan, that is, Standard Chartered united a large number of British bankers to provide this loan, and then he will package the loan in London to issue bonds, as for which British bankers are in the Standard Chartered Alliance, Rong Yiting did not say, maybe he himself may not know, he is just Standard Chartered, the bank in front of the giants, the comprador who rushes in front of the business, who is the owner behind the bank, he doesn't need to know.

The interest rate of four percent is indeed very favorable, the staunchest sovereign credit bonds in Europe, and the government bonds of the United Kingdom can only be financed by three percent at most, and it is difficult for the Ming government to get a low interest rate of four percent, let alone a railway that has no shadow.

Wu Chongyao's briefing briefly said about this matter, Zhu Jinglun knew that there were a lot of cats in it, but it was also a normal business category, and he didn't care about it, but two days later, suddenly the manager of HSBC came to the door in person, and also wanted to contract this loan, and their plan was also to jointly contract with British bankers, and then issue bonds to digest in the public, and the interest rate they gave was also very low of four percent.

It is not surprising that HSBC has business ties with the British banking industry, and if there is no such connection, Zhu Jinglun would not be so keen on the formation of HSBC, which encouraged Jardine Matheson to form HSBC, the purpose is to create a world-class financial chain through the financial network of the British, and the most convenient way is to directly integrate into the British financial system.

In recent years, with the strong support of Zhu Jinglun and Wu Chongyao, HSBC has developed very rapidly, in addition to dividends every year, it has never paid dividends, and all profits have been used for expansion, not only opening 13 branches in various ports in China, but also in Kolkata, Mumbai, Hong Kong and Singapore, Ryukyu and Japan, and even London and Paris.

Even in the financial crisis of 1866, HSBC did not slow down the pace of expansion, not only did not stagnate, but took advantage of the financial crisis, with the support of the huge capital of Daming Bank, to acquire six British banks, including Huilong Bank, Lisheng Bank, Hogara Bank, Lihua Bank, Huichuan Bank, and Lisheng Bank, completing Zhu Jinglun's control of Shanghai's financial industry.

Therefore, HSBC is no longer a short-term joint-stock bank, but a monopoly banking giant of the Kang Tseen style.

Moreover, Wu Chongyao and Xin'an Customs' two shares of Daming Capital in HSBC have been checked eighty percent, it can be said that in this bank, Daming Capital is the real boss, and the British are just small shareholders and part-time workers. But the minority shareholders were happy with this, and for them it was just a business, and it was a very good deal, because with their strength, it was almost impossible for the bank to grow to its current size and status.

Although HSBC is controlled by Daming Capital, Zhu Jinglun only asked Wu Chongyao and Xin'an Customs to send directors to supervise it, and the specific operation was basically entrusted to the British, but it has begun to recruit Chinese on a large scale, and the top level is mainly British, and the middle and low levels have basically been completely replaced by Chinese.

The use of foreigners in the top management is to continue to maintain the international background of this bank, so the current manager is also a foreigner, British-born Jackson, he climbed up step by step in the HSBC system, came to China in 1864, worked in the Okgara Bank for three years, and then joined HSBC as an accountant of HSBC Shanghai Branch, became the manager of HSBC Hankou Branch in 68, went to Japan to preside over business in 70, and returned to China in 72 to replace McKellen as HSBC president.

From Rong Yiting, who represents Standard Chartered Bank, Zhu Jinglun couldn't find out the reason, but from Jackson, an Englishman, Zhu Jinglun learned some information.

After talking to Jackson through Wu Chongyao, Zhu Jinglun understood the current situation of the British financial community, the economic crisis that broke out two years ago has plunged the world economy into depression, but this economic crisis is a heavy industry crisis, and the countries most affected by the crisis are the United States and Germany, two heavy industry powers, but the United Kingdom, a country with the textile industry as the core industry, has a small impact on the crisis, because the light industry has only fallen by 10% in this crisis, while the heavy industry has fallen by almost half or more.

The United States, in particular, closed 5,183 businesses in the first year of the economic crisis, and the United States is the largest exporter of capital to the United Kingdom. Britain is not in a serious crisis, as a country that has completed the industrial revolution, a large amount of surplus capital can not find investment projects, holding the currency to find a high-quality project.

British capital did not dare to touch the railway, Britain's domestic railway construction has basically formed a network, the construction space is not large, British capital used to mainly invest in the American railway, but the speculation in the United States was too strong, during the Civil War did not stop the speculation trend, as a result, British investors to buy American bonds are often unreliable, such as the Erie Railroad controlled by rogue capitalists like Daniel Drew and other large railway companies, often by issuing water-injected stocks, bonds, squeezing money from investors, and even called the slut of Wall Street.

British investors have long lost trust in American railroads after being deceived by the American railroad junk stock many times, and this crisis has caused a big blow to the construction of American railroads, and many large railways have been suspended for a time, which makes British banking giants who are accustomed to investing in large projects such as railways unable to find investment targets.

Like the United Kingdom, mainly in light industry, and has not yet completed industrialization, there is a lot of room for price reduction, in this economic crisis suffered less losses, the economic and financial situation is relatively good, Ming is a good investment opportunity, but Ming did not like British capital too much, British capital in Ming has no market, especially the banking industry, almost all have been squeezed out by Ming.

Therefore, the agreement between Daming and the British government on the use of British capital and technology is the best opportunity for British banking giants to cut into Daming.

But the question is, how do they market bonds to British investors at such low interest rates? How do they convince British investors that a railway that has not yet been laid a score is solvent?

Jackson told Wu Chongyao that the reason was vision, and he personally believed that if the British largest colony could be connected to China, another big market in Asia, it would give people endless imagination, and imagine if British investors thought that the railway would allow Britain to achieve the same benefits in China as India, then the profit expectations of such a railway would be fascinating.

And the railway built by the Ming Dynasty in Yunnan will be a necessary place to connect China and India, just imagine the two words China and India, the prospect of the two most populous regions in the world, so sad that you can't find investors?

Obviously, in the face of the huge railway bond business, financial companies like Jackson and Standard Chartered Bank have exerted their extremely rich imagination, and imagination in the financial market means wealth!

This story is very good, but after listening to it, Zhu Jinglun still can't decide who to hand over the financing business, obviously they all have their own financial networks behind them, and they all stand a group of financial giants, and they are probably not the same.

Standard Chartered did not reveal the backers behind it, but HSBC told Ng that they would be working with the London-based Junius Morgan, the partnership bank between the Morgan and Junius families, who in turn worked with the Rothschilds.

Then behind Standard Chartered Bank, I am afraid there is the Bahrain family.

Thinking of this, Zhu Jinglun wanted to hand over the business directly to the Bahrain family, but he couldn't ignore the interests of HSBC, after all, this is his own bank.

But the premise is that the Ming Dynasty first gets the right to build a railway in Yunnan!