- The bus circled the city for about an hour and finally drove slowly into the city. Pen % fun % Pavilion www.biquge.info

And Sanshui and Joe Hart still walked around the city twice before slowly driving to the hotel.

"Old butler, do you have anything to pass on to me?" Sanshui is a little nervous now, this is the first time he has returned to China as an official representative, such a psychological gap, Sanshui is still a little uncomfortable.

Joe Hart thought for a moment: "Mr. Earl asked me to tell you, if you want to do it, let it go!" ”

Sanshui took a deep breath, nodded, and slowly stepped out of the vehicle.

Ten minutes later, the conference room.

Although it was not an official visit, the negotiations were very formal, with the two sides sitting on either side of a long table.

"Hello, Minister Chang, I am Palawan's Minister of Defense Liu Qilin!" After Sanshui entered, he and Chang Wanquan shook hands with each other.

Minister Chang nodded: "Hello, I am the Minister of the General Assembly Department of China, Chang Wanquan, this is the Vice Minister of the Ministry of Railways of China, who is this?"

The two sides introduced each other for a long time, and it took about ten minutes for the two sides to introduce each other.

This time, the negotiation content includes the purchase of warships, as well as issues related to railway construction and some people's livelihood, so the scope of cooperation is very extensive, so the number of negotiators dispatched by both sides is quite large.

In China alone, six deputy ministers have been dispatched from the 18 ministries and commissions, one is a minister, and one is the secretary to the chief of the No. 1 ministry.

Palawan dispatched people from more than a dozen departments, but in the end, only Sanshui could really make a decision, and Lin Qing wanted to be a hands-off shopkeeper this time.

"Minister Chang, let's get started, what's the first item?" After understanding the basic situation of each other, Sanshui took the lead in opening his mouth, this time he was ready for a protracted battle, after all, if once successful, Palawan will completely fall to the Chinese side in the future, and there should be interests, or needs.

"Okay, Secretary Liu, come!" Chang Wanquan nodded and signaled that Liu Shan could start today's negotiations.

Liu Shan walked to the position of the rostrum, and a picture appeared on the PPT, a photo of a Wuhan.

"This is the active warship of the five destroyers that China is preparing to help Palawan build, I won't talk about the specific parameters of the warship, you have the information in your hands, each of which we quoted is $230 million, and the five ships are a total of $150 million!"

"Of course, we in China know that there is an economic crisis in Palawan, so we can give Palawan interest-free loan in terms of the cost of warship construction, and the repayment method of the loan will be based on the current euro exchange rate, collateral with ore, or according to the US dollar exchange rate on the repayment date!"

After Liu Shan finished speaking, he bowed and walked off the stage.

"Is there any problem with Palawan?" Minister Chang nodded with satisfaction and looked at Sanshui.

The Palawan delegation discussed with each other in the audience, and finally Sanshui nodded to one of the economists.

The economist got up from his seat: "Hello everyone, I'm the chief adviser to the Ministry of Finance in Palawan, Nettle, and I want to have a different view here on the approach to lending to China. ”

"First of all, about the loan method, although China said that it is an interest-free loan, but according to the conclusion of our intelligence analysis, since the beginning of 2007, the euro began to continue to fall, if according to the current exchange rate and the Chinese side of the loan, assuming that our repayment date is 2010, the euro has been falling all the way in the past three years, our repayment amount will far exceed the low-interest loan, we roughly calculate that our repayment amount will be as high as about 1.5 billion US dollars, and this figure is still our conservative estimate!"

"Similarly, if the second way of repayment, the US dollar is now the most mainstream currency, but with the depreciation of the international currency euro, the US dollar will attract a new sharp rise, if according to the current US exchange rate, we will give interest not less than the euro exchange rate."

"As for the loan method, the plan we gave in Palawan is a little different from the Chinese side, if the repayment method is based on the current exchange rate, we think it is better to use the future exchange rate of the euro, and if we use a fixed exchange rate, we think we propose to use the current exchange rate of the US dollar as the standard."

"Of course, we have another proposal, our repayment method is based on the exchange rate of RMB, what do you think?"

After that, he returned to his place.

Don't underestimate the exchange rate of the loan, according to the way proposed by China, the repayment amount in Palawan will far exceed the amount of the loan, and the repayment amount will be more than 40% of the total amount of the loan.

After hearing Palawan's proposal, the Chinese delegation whispered a few words to each other, and finally Liu Shan reported to the ears of Minister Chang.

Chang Wanquan thought for a while and handed a piece of information in his hand to Liu Shan, and after Liu Shan roughly browsed it, he had written down all the information in his hand.

This time Liu Shan did not step onto the rostrum, but stood up from his seat: "Since the two sides cannot reach agreement on this aspect, what do you think of this proposal?" With the current RMB exchange rate, Palawan will repay the loan in the form of ore, what do you think? ”

After Sanshui heard this, he shook his head gently, Lin Qing had told Sanshui before that the loan repayment method should be because of cash, not the raw ore as collateral.

Sanshui did not understand this point very well at first, and later economic experts made an explanation for Sanshui, after the large-scale mining of ores in the last century, the number of ores in the world is limited, due to the excessive logging of human beings, the price of some ore raw ore is slowly rising with the passage of time.

Among them, copper, tin ore and other common ores have increased in price by 230% in seven years from 2000 to 2007

If according to the ore mortgage, Palawan side losses are even greater, although Lin Qing has always claimed that he is Chinese, not in words, but in action did not say, but now he needs to build Palawan, Palawan is his private territory, so he does not want to suffer too much in this regard.

The economists of Palawan stood up again: "Unfortunately, we are also unacceptable to this loan method, if we can't agree on the loan repayment method, we in Palawan can apply for a low-interest loan from China, and finally repay the loan according to the exchange rate of RMB, what do you think?" (To be continued.) )