readx; The Nanyang Military Region and the Kokang Military Region were established to strengthen the empire's defenses against Indonesia and Burma, and in the event of a future major war, the Nanyang Republic could be encircled. Pen ~ fun ~ pavilion www.biquge.info

Therefore, it is necessary to strengthen the defense of the Nanyang Military District.

Strengthening armaments, which is a link in the operation of the Chinese Empire's military industry, is not very useful, after all, for financial reasons, it is impossible to carry out armaments without restrictions, but at least it can play a certain role.

In the Arab Kingdom of Rashid, the Chinese Empire has also reached an arms sales agreement with the Arab Kingdom of Rashid, and the Empire will export arms worth 200 million revival coins to the Arab Kingdom of Rashid in the next three years to help the Arab Kingdom of Rashid train Arab Defense Forces.

These include equipment for the army, air force, and navy, and they are relatively cheap.

After the end of the war, the Chinese Empire did not pursue too much profit in arms sales, but was able to maintain the operation of the military industry.

Therefore, it is planned to take two routes, one is the high-quality and low-cost route, which is not profitable, and the other is the export of high-end arms, which contains huge profits.

Later generations of the United States also often sold arms to other countries, but their value was small compared to the American economy, but they were highly valued because they could keep the arms industry running.

And in Russia, it was the main arms buyer of the future empire.

The Reich would lend money to Russia for the purchase of [***] fire, so that Russia and the Soviets could fight, with the emphasis on army and air force equipment, and not much naval equipment.

Russia is located inland on the world island of Asia, Africa and Europe, and it is an area beyond the reach of sea power, and it is also difficult for Russia to develop sea power.

This is a limitation of geographical factors.

In the future, the Chinese Empire will mainly rely on arms imports from Rashid, Arabia and Russia, and at the same time wait for opportunities to win over other countries to buy Chinese firearms.

Especially like the export of arms from South America.

It's Yankee's back garden, and it's fun to have a fire in the back garden.

At the same time, Xia Jun also plans to fight several local wars in the future to maintain the operation of the military industry.

In this local war, the first target targeted by Xia Jun is the Soviet Union, and the second is Yuben, these two countries are countries that will inevitably conflict in the future.

However, how to successfully fight this local war depends on the development of the situation.

Now that Britain and France have withdrawn from the First World War, the main reason is that Britain is about to re-intervene in the situation in Asia, and at this time China has become the object of British encirclement, so it is not easy to wage war against the Emperor, just as it is difficult to wage war against the political axe of East China, which is still relatively weak.

Britain and the United States both want to find a balance in the situation in Asia, and the rise of China has completely broken this balance.

However, Britain felt powerless, during the 4 years and 3 months of the war, Britain spent nearly 10 billion pounds, only from March 1915 to March 1916, Britain spent 1.559 billion pounds of military spending, and in the following three years, the annual military support was as high as more than 2 billion.

All that goes into it, Britain has spent tens of billions of pounds.

The country's public debt has risen tenfold.

Britain's gross national income in 1914 was only £2.209 billion, and during the war, the gross national income was on a downward trend, because the war halted many commercial activities.

In other words, Britain's national income was not enough to support the war for the next three years, except for the first year of the war.

As a result, Britain also borrowed a large amount of foreign debt, and the United States owed Britain 400 million pounds before the start of the war, but after the war, it repaid nearly 900 million pounds to the United States.

The UK also used a large amount of gold reserves, which led to the start of a rise in gold reserves in both China and the United States.

Among them, the gold reserves of the United States have risen to 6,000 tons, equivalent to nearly 4 billion US dollars, while China's gold reserves have risen to 2,600 tons in the autumn of 1918, plus 7,500 tons of gold from Russia, China's gold reserves are as high as 11,000 tons.

It can be said that Xia Jun married the daughter of Nicholas II, and the dowry was very rich.

Russia's gold has been leased to China, and with this huge gold reserve, China has been able to make the revival coin compete with the dollar internationally.

By the end of the war, Britain's overseas assets had fallen by one-quarter, and before the war, Britain could make more than £50 million a year in profits from these overseas investments.

Most of these overseas assets were acquired by China.

At this time, Britain also owed China a foreign debt of 2 billion revival dollars, equivalent to 200 million pounds before the war.

It's a different story with the United States, which lent $10 billion to 19 countries during the war, and now it still owes it!

Among them, Russia has borrowed 790 million pounds from Britain, and at the same time owes 500 million pounds to the United States and 100 million pounds to France, totaling more than a billion pounds!

Even if Nicholas II's gold were swallowed, it would only be worth 600 million pounds.

The reason why Britain returned the money to Nicholas II was mainly because Nicholas II had previously deposited the money in the English bank, and the British did not specify that the gold must be placed in the English bank when lending to Russia.

As a result, it's going to be pitted!

Nicholas II apparently did not want to pay back the money already.

Britain and the United States had to make a great deal of determination in the choice of supporting the Soviets, especially Britain, because once Russia was destroyed, the result would be that the money would not be repaid.

Therefore, Britain intended to balance Russia with the Soviets, so that China could be contained and Russia could pay back.

But the idea is too stupid and naïve, Nicholas II has been provoked by Xia Jun to hate the British and the Yankees, and with Russia having nothing, the so-called barefoot is not afraid to wear shoes, what if you don't pay back your money? Let the Soviets pay it back!

Of course, Xia Jun and Nicholas II discussed, don't present a momentary dispute of will, that is, don't say that you don't pay it back, but drag it out.

has always dragged Britain and the United States, and the excuse is that there is no money to pay it back.

After dragging on like this, Xia Jun said to Nicholas II: "You should let your grandson pay back the money." ”

"Isn't my grandson going into heavy foreign debt?" Nicholas II did not understand for a moment.

Xia Jun said to him: "Your grandson still has a grandson......

Nicholas II laughed twice when he heard this, and he found that this son-in-law was so talented that it was a wise choice to marry his daughter to him.

Without the support of this son-in-law, Nicholas II really did not dare not repay this money, because if he did not pay back the money, there would be no support, and Russia would collapse again.

The parity between the British pound and gold had fallen to 79% at this time, and the sharp depreciation of the pound and the near depletion of gold reserves had shaken the pound's position in the world.

The international dominance of the pound helps the UK to exploit the world. Because of the position of the British pound, London's financiers are able to make huge profits every year by indulging in international credit and insurance business around the world.

At the same time, the strength of the pound is also a spiritual symbol of maintaining the unity of the British Empire and its dominions and colonies, and if the pound cannot maintain its status as the world's mainstream currency, it will shake the spirit of the British Empire.

After the war, Britain wanted to continue to balance the power of European and Asian countries on the one hand, and on the other hand, it intended to restore the status of the pound.

The heavy foreign debt, which allowed Britain to pay off 1% of its national income every year, needed to be repaid until 1965, that is, it would take more than 40 years and nearly 50 years to pay off the debt.

At this time, Xia Jun instigated Nicholas II not to repay the money, which was tantamount to stabbing the British in the back.

Historically, the British also swallowed the 4,500 tons of gold of Nicholas II, and in general it was not too much of a loss, but now this batch of gold has been brought back by Nicholas II, and if Nicholas II does not pay back, Britain will lose 790 million pounds, and the United States will also lose 500 million pounds.

Britain, the world giant, can be said to have collapsed with a bang in this world war, but it still has a certain residual prestige, so that Britain is still in the dominant position in the international status.

Xia Jun smacked the British again, which was equivalent to sprinkling salt on the British Yankee's wounds.

And in France, Britain also lent a lot of money to the French, and if the French want to repay the money, it is obviously not possible to repay it in the near future, and it will obviously be delayed again and again.

However, France will still pay back after all, and it is impossible for Russia to have the support of China, so it can have the courage to say - let my grandson pay you back.

As a result, Britain's finances were very bad after the war, and a major war almost hollowed out the island nation.

Britain, as a sea power country, went to get involved in this land power war, and the result was an outflow of capital.

Because as a sea power country, its land power military industry is underdeveloped, many weapons need to be imported, and in addition to competing with the Germans for sea power, it is impossible to limit Germany's submarines, resulting in the loss of tens of millions of tons of merchant ships, which has caused an incomparably huge blow to Britain.

As a result, most of the British's money went to the United States and China.

If there is a full-scale war in a land-power country like China, with China's resource reserves and the scale of its military industry, there is no need to import anything at all, and no matter how hard it fights, capital will not flow out.

This capital is also precious metals, paper money is a piece of paper, you can print as much as you want, the important thing is gold and silver, and with gold and silver, you can print more paper money, so as to exploit the world.

So the war of the British was fought, precious metals flowed out, and the whole country began to decline.

If China is in recession, as long as the precious metals are still there, the whole country will soon recover.

This is also the huge price that Britain paid as a sea power country to participate in the war of land power countries because of speculation, but this war made Britain feel that it had to fight.

First of all, before the war, Britain had to help France in order to balance the power between France and Germany in Europe, otherwise Britain would be threatened by land powers.

But when it is really mixed in, it pays a huge price for it.

And if it were to be done in this way, not only would Britain not be able to recover the money it had invested before, but Germany would most likely defeat France and become a land power in a unified Europe.

Therefore, I had to fight, and the result was that I fell deeper and deeper.

And the United States and China are reaping the benefits, and Britain is finished.

It can be said that Britain was just a paper tiger after the war, Xia Jun didn't care much about Britain's attitude, and at this time the road in Tibetan Province had been almost repaired, and it had been repaired to the Bhutanese border at this time.

pinched India, the jewel in the crown of the British, and the British couldn't get angry.

It is estimated that the only one who can harden up is the United States, but in the face of China, which is so powerful, the United States obviously does not dare to rashly participate in the war.

Once the British are instigated, the Yankees will follow.

Although it seems that the British and American encirclement has put a lot of pressure on China, this encirclement is very fragile in Xia Jun's view, and it is very fragile.

At this time, China has attracted a very important ally, Russia, a country that is about to be trained to be somewhere between a puppet political axe and an autonomous political axe.

And in the future, in this country, it is very likely that Xia Jun's son or daughter will inherit it.

Russia's previous involvement in the First World War was mainly due to the fact that Russia's eastward expansion was beaten back, and after its eastward expansion was blocked, it began to expand westward.

As a result, the entire west of the Ural Mountains has now been lost, so to speak, stealing chickens is not a recipe for rice, and at this time Russia, Nicholas II knew that there was no way to expand eastward.

There is China in the east, and there is basically no feasible name for Russia to continue to expand eastward, and Russia needs China's support to counterattack westward.

This also limits the impossibility of Russia turning against China, and once it turns against China, it means extinction, and at the same time the two sides have established an intimate relationship with marriage as a bond.

In Nicholas II's view, the interests of the state are still secondary, the main interests are the interests of the imperial family, and it is perfectly acceptable to give China some national benefits for the sake of the interests of the imperial family.

This gives this new Russia the potential to become a puppet political axe.

In this world war, China made a total profit of nearly 8 billion pounds in foreign trade, and at the same time lent out nearly 500 million pounds in loans.

Compared to the $10 billion loan in the United States, it is a drop in the bucket.

However, it can also be seen from this phenomenon that during the war, the Entente countries mostly used cash to buy Chinese arms and materials, while the United States mostly used loans provided by the United States to buy them, that is, to buy them on credit.

China grabbed no less precious metals from the Entente than the United States, but there were no strong measures in gold reserves.

But with the arrival of Russia's gold reserves in China, China's gold reserves are larger than those of the United States.

With the gold reserves between China and Russia put together, the process of economic integration between China and Russia is also unfolding.

The so-called economic integration has been discussed before, and the real meaning is actually 'free monopoly of capital', that is, the economic integration of China and Russia will lead to the free monopoly of Chinese capital in Russia.

And this economic integration is limited to China and Russia, which is tantamount to closing the door of Russia, so that the capital of other countries cannot enter, and only the capital of China can enter.

(To be continued)