On the wharf of the Shanghai port area, Li Kun silently watched a fleet of ships that had taken out of the berth in turn. The fleet was huge, and there were rare seven-masted ships. If it had been two years ago, there would have been no doubt that this was a fleet of immigrants that had always been subordinate to the Immigration Service.

But I can't say for sure.

A fleet of this size could belong not only to the immigration authorities, but also to the vassal kings of the Americas. The development of the latter was quite rapid.

……

As a newly created shipyard, Tiannan Shipyard made persistent efforts to build a seven-masted ship on the basis of the six-masted ship in the past, thus making its name popular with one hit. Then the technology was quickly 'proliferated'.

Although Tiannan Shipyard has the support of the Kyushu Chamber of Commerce and the Guangdong Provincial Government, where is the power behind those shipyards that make money smaller than Tiannan Shipyard?

What's more, the Kyushu Chamber of Commerce itself cannot fully support the Tiannan Shipyard, just like the first-class shipyards in other places do not have its shares.

But as far as the interests of the Kyushu Chamber of Commerce are concerned, what Tiannan Shipyard needs is not a unique technology, but a gimmick, a gimmick that lets all walks of life know that Tiannan's shipbuilding technology is no worse than others, which is enough.

- Did the first seven-masted ship appear in Tiannan?

Therefore, in recent years, more and more domestic business groups and business gangs have set their sights overseas. This is not to say that domestic investment will not make money, but it is not as easy as investment in the past, and it is not as profitable as it was in the past.

With the ability of the Kyushu Chamber of Commerce and the Guangdong Provincial Government, it takes so much effort to make a shipyard popular and set off a wave. Some of these foreign things are starting to become eye-catching.

Just like the 'development bonds' issued by various vassal countries in the Americas, although the term is longer, the interest rate is high. You can also use this thing to exchange land.

Some of the merchant groups who were optimistic about the future prospects of the vassal kingdom were 'generous'.

Of course, the Li Group led by Li Kun himself will not disperse funds for the development of the Americas, but the Li family is the only one who can completely call the shots. In the process of the development and growth of the Li family, the friends and partners they made supported the Great Prince's Party, but it was impossible for them to listen to Li Kun for everything.

The development bonds of the vassal states could be exchanged not only for fields, but also for mines and even individual islands.

For big families and business groups, that's the foundation.

In addition, the national tax department has not yet decided whether real estate owned in overseas feudal countries should be taxed domestically. What is the tax rate?

This has further led some people to spend money on bonds.

What Li Kun sees now is really not the fleet of the Immigration Bureau, but the national fleet of King Xu, who used domestic funds to do business with the Li consortium, kept the banknotes, but also took away a large amount of materials, including this very large fleet.

How Li Kun wanted to keep these funds.

Using these funds for charity, helping students and supporting the elderly and widows, how much popularity can this attract to his nephew. Used in investment and construction, how many achievements can the officials of the Great Prince Party make, and how many people can take a step forward?

But Li Kun couldn't afford to keep these funds. Otherwise, he will offend a large number of people.

The title of the Kingdom of Abundance in the Americas has been boasted about by the government newspapers for more than ten years now, so is there no future for the vassal kingdom of the Kingdom of Abundance? Take advantage of the beginning of people's entrepreneurship now, leave a face, and in the future, people will be developed, this is also easy to deal.

What's more, such a personal investment is regarded as a 'turnaround card' for future generations. Anyway, if Li Kun really obstructed him, his reputation would be ruined immediately. It's bad rules!

In Chen Han's scene, no one has played like this.

Now in the situation of competing for the throne, Chen Ding has a certain advantage, but several of his little brothers have joined forces in the collision, so that a stalemate has been formed. Once there is a stalemate and a stable confrontation in this situation, it is inevitable that some invisible tacit understanding will be formed in the collision, which is also the rule.

Li Kun had his back against Chen Ding, but he couldn't break the rules. Otherwise, the damage to his own reputation would be small, and it would be a big deal to affect the market of his precious nephew.

"The general trend has been achieved, the general trend has been achieved."

The vassal states of the Americas are like China after the reform, with bright prospects and super low 'costs', attracting large sums of 'foreign' capital investment. This trend cannot be stopped.

Therefore, to a certain extent, although the vassal kingdom of Chen Ming's six little brothers still has to go through a series of wars, they also have their own interests.

Now it is not only those ignorant businessmen who want to invest heavily in the Americas, but even the nobles and nobles in the court, in order to have a foothold in the Americas as soon as possible, have also invested in the Americas.

The territory of this feudal kingdom is much more convenient than that of Tokyo and Hanjin, just like Cai Guo on the Xiajiazhou Peninsula, Chen Jie's guy is directly auctioning the land - it can make a port, it can also be said to be a large piece of land, and it can also be an island.

As long as you pay the money, the right to use it will be yours.

Understand that people don't speak in secret, and before the imperial court completely takes over the Americas, these people can use that territory as they like. They can build one material warehouse after another here, they can train their troops, they can plow the fields, and even establish military schools to train their own mountain rainforests and naval officers.

These conveniences are not allowed in Tokyo and Hanjin.

But in the feudal kingdom, it was a piece of cake.

At present, the number of immigrants in their territory is limited, and large tracts of open space are empty and empty. If you use it like this, it's called not waste. Among the countries, the most stought-after country in terms of territory is none other than Cai Guo, which is the most southernmost country.

Because Cai's territory is closest to South America?

Li Kun looked at the fleet that gradually disappeared at the junction of the sea and sky, and had to admit in his heart that he had miscalculated.

He hadn't looked at the American vassal country before, and no matter how good the natural conditions were, it was also a desolate wilderness. If you want to build a real country of abundance, you don't know if you have to wait until the Year of the Monkey.

So he didn't put these feudal states in his eyes, in Li Kun's eyes, these feudal states were even thrown out by the emperor as substitutes for the dead ghosts.

Don't look at the opportunity, but as soon as the war starts, no matter how big the opportunity is, it will be over.

Not to mention being retaliated against, just saying that it is military consumption, then it can squeeze all the family resources of these six feudal states.

But Li Kun never thought that things would develop to this point.

Because of the development bonds of the feudal states, it directly affects the 'overall situation'.

How did he know that this situation had invisibly given Chen Ming a very good 'idea' - how to deal with the future relationship between the clan and the vassal state.

In normal international exchanges, creditor countries do not mean absolute superiority and interests, but the vassal states in the Americas are the sphere of influence of Great China, and they do not have a separate monetary operation system, which can be regarded as the Huayuan area.

With this bond, coupled with the relationship between the creditor countries, it is possible to maintain China's ability to intervene in the economy of the vassal states to a large extent.

Of course, it's more about relying on each other and intertwining with each other.

One is prosperous, one is lost!

For a long time to come, the American vassal states will certainly become a major market for Chinese goods, and China will be the largest creditor of the American vassal states. The vassal states of the Americas could sustain China's economic development, and China, in turn, could sustain the material consumption of the vassal states.

If the vassal states want to develop as soon as possible, they cannot do without the support of China. And if China wants to continue to develop, it is also inseparable from the abundant and cheap supply of raw materials and the vast market in the Americas.

In the future, when these vassal states have developed to a certain point, they will be faced with their own huge debts, but they will be able to bring huge benefits to China.

But if there were any changes in China, and there was such a debt relationship, then the country would have to consider the reaction of the vassal states.

It's quite constructive anyway.

Chen Ming felt that this route could be taken like this and take a look.

It's like what I said when I changed it, crossing the river by feeling the stones. How can you know if there is no benefit if you don't try?

Many domestic businessmen, chambers of commerce, and business groups have accumulated a lot of wealth in the past operations, and these banknotes have been stored in banks, or consumed all at once, which has a huge impact on the development of the economy.

Before, they still had national government bonds to invest, but now after China's tax reform, Chen Han's finances are no longer short of money. Even in the midst of war, people's livelihood, education and infrastructure construction are still proceeding in an orderly manner.

As a result, the wealth in the hands of the emerging industrial and commercial class has no place to use, and no matter how much the industry is expanded, it cannot be expanded indefinitely. Crossing lines does not mean that you can cross it.

However, the issuance of feudal government bonds has found a new 'business' for them.

Seriously, that is, the Li family does not have any backlog of funds, because whenever there is a little excess funds, Li Kun will immediately 'donate'.

At this time, how could Chen Ding let the money go for nothing?

However, there is a backlog of funds in the Kyushu Chamber of Commerce, and the idle funds of the Kyushu Chamber of Commerce headquarters have exceeded 50 million, which is excess money in addition to the guarantee funds.

The Kyushu Chamber of Commerce, which has been ferociously predating on the vast land of China for twenty years, has now come to find its prey.

With more than 20 years of development, the division of interests in the country has been relatively stable, and many places are already in charge. Even if those industries are not thoroughly and fully developed. The Kyushu Chamber of Commerce can't just reach out casually.

And the stock market has survived the initial super bull market.

Now that the companies that are listed again, God does not dare to guarantee that they will make no profits.

Therefore, the Kyushu Chamber of Commerce has also invested tens of millions of idle funds in various feudal states.

As far as Li Kun knows, the next step is that the Kyushu Chamber of Commerce will vigorously develop the ocean-going fleet, and is also preparing to vigorously enter the Indian region, which will be mixed with the upcoming war in the Indian region.

Although the British were now mainly concentrating on the French, in India, Sir John Shaw did not want to see the kingdom of Mysore grow in strength, and did not want to see the Marathas reunite with the Tipp Sultan of Mysore.

Yes, China's influence is entering India strongly.

The Gurkhas and Bhutanese in the Himalayas are hurrying to train the new army, and their instructors and backers are all Chinese.

In addition, the Sikhs entrenched in southern Afghanistan and Punjab northwest of Delhi have also been in frequent contact with the Chinese in recent years, as well as the small country of Ladakh.

The whole of northern India is covered by dark clouds.

The British themselves could not say when the Chinese would attack Delhi. And with Kolkata's current strength, they are really unlikely to be the opponent of this group of hyenas under the command of the Chinese.

Even if the Marathas are not connected, just the Mysore and Gurkhas, it is enough for the British to drink a pot.

China had promised to protect the British interests in India. But how to preserve it is another matter.

Just as the British did not touch the five unarmed colonies of the French, which were not much bigger than eggs, that would be a kind of preservation.

But the shameful Kingdom of Great Britain could not endure such a disgrace.

So the British had to 'cheer up', and John Shaw was ready to punish the Kingdom of Mysore while the Marathas were pinning back the Gurkhas, who were gradually becoming a threat to North India.

He had a faint premonition in his heart that Great Britain would sink deeper and deeper into the war in France, because the French were spreading the revolution outward, and at the same time marching towards the throne of continental supremacy, and London would never allow the emergence of a true continental hegemon.

Then, while the war in Europe has not yet completely entered the white heat, Calcutta will take the first move to maintain the face of the Kingdom of Great Britain in India as much as possible.

The Kyushu Chamber of Commerce is now going to intervene in India, that is, to compete with the British East India Company.

"The interest rate on the imperial court's development bonds has been reduced to 1%, and there is a serious surplus of domestic capital, so it seems that the Americas are a better investment target." A middle-aged man's voice sounded behind Li Kun, and he continued: "At present, there is a backlog of funds in business gangs all over the country. Zheng Zhilun [Zhongyuan Bank] told his subordinates that at present, the reserve funds of the headquarters of Zhongyuan Bank and bank outlets in various localities have reached 270 million Chinese yuan. Banks don't know what to do with the money. Investing in the Americas? The payback period there is too long, and there is a future war to test them, and the investment is also risky. "Bank funds are no more than private funds, and banknotes are more in pursuit of short-term returns, even in the long term, at most three or five years.

The payback period for investment in the Americas is thirty to fifty years.

Fan Zhen is telling Li Kun the fact that there are really not many places to invest in China. Those banks did not dare to make long-term investments in the Americas, but they definitely dared to make short-term investments in the country, and now they don't even know how to spend their money, which shows that the domestic economy has reached a bottleneck.

Unless a major war breaks out, or a breakthrough is made in important technologies such as steam engines and metallurgy, China's economy will really enter a period of slow development in the short term.

Therefore, the outflow of large sums of money is also a trend that must be faced.

Unless they are willing to invest a lot of their wealth in land and education. But that's not a joke to laugh at.

Those military-civilian joint-stock companies converted from military cooperatives need a lot of money, but their returns are already very low, and they have long since lost the high rate of return of the year. Naturally, the market has deteriorated.

Li Kun is Chen Ding's maternal uncle, the queen's elder brother, and a genuine royal relative, of course he knows a lot of news that ordinary wealthy businessmen and tycoons don't know.

The imperial court recently wanted to make a move in the Americas, and also wanted to dig a canal in Egypt's Sinai Peninsula to connect the Red Sea with the Mediterranean, and the Indian Ocean with the Atlantic Ocean.

- That's a big deal!

There is now a huge outflow of money, which will inevitably stop when the war breaks out in the Americas. If the canal is not dug soon, the money will turn around and flow into India. And then when the Suez Canal is officially announced, domestic money will pour into Suez like crazy, into Egypt.

Li Kun wanted to tie more and more funds to the body of the eldest prince, but he found that he was really powerless.