Chapter 315: Asian Economic Integration Economies, Building China's World System
readx; This was unthinkable in China in the past, when the major powers were competing with each other, and it was completely impossible for any country to close China's door and enjoy China's profits alone. Pen ~ fun ~ pavilion www.biquge.info
However, the situation in Russia at this time, its special geographical location, its special relations with China, and the deterioration of relations with the Entente countries, gave China an opportunity.
After the integration of China and Russia, the currency will be unified.
Xia Jun intended to reprint a new currency, a currency that could be used in both China and Russia, thus tying Russia's gold reserves together.
Of course, the printing of this new currency requires a share of the spoils.
This share of the spoils lies in inflation, that is, in terms of seigniorage.
For example, the number of additional currencies to be issued this year will be divided according to the proportion of the Chinese economy and the Russian economy, and the respective economies will be divided.
The difference between this distribution of spoils is that a part of China's share will be subsidized to the welfare of the people, while the Russian part will be devoured by the royal family represented by Nicholas II.
In Xia Jun's words, it is to strengthen the cooperative relationship, and when the cooperation between the two sides reaches a certain level, the Chinese cabinet and the people cannot sit idly by and watch Russia be threatened by the Soviets, so as to actively support Russia.
In other words, China has interests in Russia, and the cabinet and the people have a starting point of interests, so that they can fully support Russia.
At this time, Xia Jun's excuse for not supporting Nicholas II's large-scale counteroffensive was the non-support of the cabinet and the people, and he himself showed very strong support in front of Nicholas II on the surface, but in fact he did not support himself.
The subtext is to tell Nicholas II.
Look! I am very supportive of your father-in-law. It's just that the Cabinet and the people don't quite agree with me, so there is a lot of resistance. Only economic integration, with China and Russia between you and me, and you and me, can make the cabinet and the Chinese people support Russia's all-out counteroffensive against the European territories east of the Ural Mountains.
Of course, the packaging is still very good.
The free monopoly of capital is packaged as 'Sino-Russian economic integration', and at the same time, the so-called you have me, I have you, Russian capital cannot compete with Chinese capital at all, and the result of economic integration is that all economic fields in Russia are monopolized by Chinese capital, that is, controlled by Chinese national businessmen of the Huaxia Society.
After the formation of a monopoly of Chinese capital in Russia, China can lend the Russians the additional money issued, and lend it to them at a low interest rate.
At this time, when the Russians get this money, they will feel good and rich, and then they will consume it on a large scale, and then the economy has been monopolized by China, so the money will flow back into the hands of Chinese businessmen and Chinese political axes.
Then the Bank of China began to raise interest rates, and the Russians could not get any money, and the factories could not survive, and then they went bankrupt, and after going bankrupt, they had to sell real estate to banks at a low price to pay off their debts.
The control of real estate is tantamount to a further monopoly of the Russian economy, resulting in the economic activities of the Russians in the future, all of which are working for China.
Currency is an important part of controlling Russia, just as the Fed controls the currency and thus the United States, and the president of the United States is the capitalist of the Federal Reserve.
When China controls the Russian currency, it is very difficult for Russia to break free from China's control.
Because China will control not only Russia's food supply, but also Russia's oil supply, and even more so Russia's currency, although the Russian royal family is also involved in sharing the spoils, it is only a seigniorage, and the profits of the banks cannot be shared.
It is completely impossible for Russia to get rid of China's control.
Because food, oil, and currency are all controlled, and the economy is also monopolized by China, the result of Russia's desire to get out of control is that those who want to get out of control are easily killed by China, whether it is assassination or mobilizing people.
At the same time, public opinion in Russia will also be controlled by China, which is an important way to control a country.
On the issue of Sino-Russian economic integration, Nicholas II did not realize that there was too much wrong with it in order to gain the support of China, and after the integration of currency, the royal family of printed currency would share the spoils, and it seemed that there was no loss.
As for the means by which banks lowered interest rates and lent large quantities, and then raised interest rates to destroy the economy, so as to acquire real estate, it was still relatively hidden in this era.
The capitalists in the United States have not yet planned such a model, mainly because the Federal Reserve was founded just a few years ago and has not yet begun to plan this model.
As for the traditional method of cutting meat, Russia has now borrowed a large amount of money from China, and if it cannot afford to pay back the money in the future, Nicholas II is mentally prepared in this regard, and he is ready to cut meat.
With such a huge Russia, what is it to cut some meat and go out! As long as Russia can be restored and his supreme authority in Russia can be restored, this bit of meat is nothing, and this is also a necessary exchange of interests, otherwise China will not be able to support Russia.
At this time, if China wants to increase its support for Russia, it must carry out economic integration, which is a condition for China and in exchange for the support of the Chinese cabinet and people for Russia.
Nicholas II has done this, and he is not short of this thing.
After taking the test for a while, they agreed, and China and Russia immediately launched a specific plan for the new currency, and the name of the new currency was quickly determined, and it was called the Asian dollar.
The exchange rate between the Asian dollar and the Fuxing currency is 1:1, and after the issuance of the Asian dollar, it will be used with the Fuxing coin, and the Chinese political axe will not recycle the Fuxing coin on a large scale.
Printing banknotes also costs a drop of money!
And all Russian banknotes will be exchanged for Asian dollars.
In addition to China and Russia, the South Seas Republic, the Kokang Republic, and the Arab Kingdom of Rashid have joined this system of Asian economic integration.
That is, these five countries will carry out economic integration reforms in the future.
After economic integration, the currencies of all countries will share the Asian dollar, and at the same time, a uniform rule will be developed in commerce.
The idea of this rule is to restrict the entry of capital from other countries into the integrated economy, which will be dominated by China.
At the same time, the gold reserves of various countries will be used intensively to strengthen the international competitiveness of the Asian dollar.
China's efforts to build an integrated economy in Asia are on the right track, and it is clear that Thailand is unlikely to join the integrated economy at this time.
Because Britain and France had begun to withdraw from the First World War, the first thing Chinese capital had to face when it wanted to enter Thailand was the obstruction of Britain and France.
Thailand did not become a colony, but it was similar to China's semi-colonization at the beginning, Thailand was divided into two parts, one is the British sphere of influence, the other is the French sphere of influence, China wants to provide loans to Thailand, first of all, the British do not agree, this traditional loan cutting method British is tried, China even cut out tariffs and salt taxes, but later was gradually recovered by the East China political axe.
The construction of this Asian economic integration economy still needs to be built slowly, especially when most Asian countries are still in a backward state.
At present, the main economic member states are Russia and China, as well as the Arab Kingdom of Rashid, the Republic of Nanyang and the Kingdom of Kokang in Myanmar, which belong to the Chinese system.
The establishment of this economy means that China has begun to embark on a truly independent door and begin to build its own world system.
In the future, more countries will join this economy, and then the Asian dollar can be upgraded to a world currency.
When China takes control of world hegemony, China can completely set aside other countries and leave the seigniorage of world coins exclusively to the Chinese central bank.
Of course, not for the time being.
Therefore, in the economic integration of Asia, Xia Jun has re-established an Asian Federal Reserve, which is controlled by the Central Bank of China, and the shares belong to China's state-owned, and the shares are subject to change and depend on the economic development of various countries.
If the total economic output of a member country accounts for what percentage of the whole economy, then what percentage of the shares, so as to extract the seigniorage of the additional currency issuance.
In this way, no one suffers.
However, the data in it can be manipulated, because the Asian Federal Reserve is controlled by China, and the economic aggregate statistics group is mainly in charge of China, so China can carry out a certain degree of black-box indulgence.
The Federal Reserve of Asia has just been established, so it is natural to get a good reputation, so Xia Jun does not plan to start with a dark box operation.
The Arab Kingdom of Rashid is happy about this, because once they join this economy, they will be able to get a lot of benefits, such as China helping them to develop their economy and military.
At the same time, the royal family can also get a piece of the pie from the printing of banknotes, you must know that in the past, the banknotes of the Rashid Arab Kingdom were all revival coins, where is there any seigniorage.
An important part of this economic integration is the bank, which can control real estate such as factories, land, roads, and houses through loans and the economy.
When the economy collapses, these properties are very cheap, and when the economy recovers, these properties continue to generate profits.
Of the economy's banking system, only China has a banking system, which was destroyed by the outbreak of the civil war in Russia and the occupation of Europe by the Soviet Red Army.
When economic integration is formalized, Chinese banks can directly pour into Russia and thus take control of Russian finance.
Xia Jun naturally wouldn't be so idiotic and directly let the Bank of China swagger to Russia, so he founded a new bank as Anastasia - the People's Bank of Russia, 95% of the shares are controlled by Anastasia, which is actually controlled by Xia Jun.
The other 5% was given to Nicholas II, and this bit of meat still had to be given to him.
The People's Bank of Russia is a foreskin Bank of East China.
The East China Bank of China is the central bank of China.
In the future, Russian banks will be dominated by the People's Bank of Russia, and at the same time, the East China Bank and the Industrial and Commercial Bank of China will also enter Russia.
These banks can be traced back to each other, and in fact they are all Chinese state-owned banks in disguise. Because the controlling person is Xia Jun, Xia Jun represents China, and his assets are China's assets.
(To be continued)