Naturally, the propertied who got their money back did not put it in the cellar and deposited it in the bank one after another. This phenomenon is inevitable, why don't they go to their own factories to do industrial business activities to earn higher profits? It's a matter of risk. Why can banks defeat usury? It is a low bad debt rate built on strict credit and mortgage risk control! The risk of usury is extremely great, many people who borrow usury can not afford to exchange money, these bad debts must be written off by the high-interest income of usury, and the highest interest rate of usury in ancient times can reach 900% a year. After the establishment of the empire, the country and the people were safe, the weather was smooth, and all industries were prosperous, and the funds were abundant, which naturally greatly increased the scale and demand of private usury. Even if the crowd wants to suppress interest rates even in order to control inflation, it is naturally impossible to allow these local tyrants to hold on to market interest rates. As early as 1941, many economic laws were promulgated to open the threshold for private banks, as long as the capital is enough 1 million, you can apply to open a bank. However, on the basis of the interest rate on government bonds of only 9%, everyone who has access to modern financial markets is not fully aware of the means of crossing the crowd.

It is very difficult to establish a financial system with modern banks as the core, and when the school was established, it set out to establish a very low-interest school finance, so that all students and faculty members can learn and accept modern finance. There is also a weekly stock and bond trading activity in the school run by various clubs, and all students of the school can actively participate in these investment speculation activities.

Someone who makes a lot of money from this kind of financial investment and speculation on campus naturally attracts students with greater enthusiasm and enthusiasm for learning. Many outstanding management talents and key leaders of the financial industry have been discovered in such competitions and activities.

A typical example is the Bank of Guangzhou, which has passed through the public planning, is a genius who single-handedly handled from planning to opening and business. Tu Jing came up with the idea of setting up a bank by herself after accumulating a lot of experience in her spare time and gaining a lot of experience in internship positions in various departments of the bank on campus. From organizing the team, collecting information, drafting the articles of association, openly recruiting shares in the school, raising funds, disclosing financial information, accepting the capital injection of Chenji Group, etc., to buying land and building the head office building in Guangzhou, recruiting employees, organizing training, assessing employees, assigning and arranging positions. After the opening ceremony in 1946, he successfully obtained his graduation certificate and became a modern bank with 39 partners and shares of Chenji Bank.

At the beginning of 1947, he also obtained a mixed business license, like other partner banks that had been vigorously supported by the public, and could open securities economic business and enterprise bond issuance and underwriting business within three years under the premise of sufficient registered capital. In other words, the newly opened small and medium-sized bank in Guangzhou has become a small bank that can open its own securities brokerage company and bond issuance underwriting company after the regulator approves and verifies that its own capital meets the legal requirements.

This pie is the reward and support that the traversers have given to this genius. It is important to know that this bank can not only carry out liability business (commercial banks form a source of funds business, including credit, mortgage, guarantee loans and loan securitization business and other loan business, investment and purchase of securities business), asset business (commercial banks use funds business, including the absorption of deposits and derivative deposits, deposits and derivative deposits are the main liabilities of the bank, accounting for more than 80% of the source of funds, in addition to interbank deposits, interbank deposits, borrowed or borrowed funds or the issuance of bonds, etc.), Intermediate business (the bank does not need to use its own funds, on behalf of the customer to undertake payment and other entrusted matters and charge handling fees, intermediary business, also known as off-balance sheet business, its income is not included in the bank's balance sheet, settlement, letter of credit, trust, leasing, consulting and other businesses can be carried out selectively), but also to carry out the issuance, pricing, underwriting, brokerage and other businesses of securities (stocks and bonds) of quasi-listed companies. Gave him a very valuable gift, this qualification is not available to that bank, it requires a very professional management team and a large number of qualified practitioners to pass the qualification examination, and a large amount of sufficient capital (1 million own capital is only to open a bank, and at least 20 million own capital is required to operate in a mixed business).

Within a few years of his establishment of the bank, he helped more than 2,000 large depositors and trust asset settlors to obtain an average annual return of 12% by virtue of his extremely high service quality and fiduciary spirit. This kind of high income mainly comes from helping them to obtain stable income from investing in trading houses and bonds and stocks of listed companies that have greatly grown their surnames, and he rarely takes out loans, and the deposits he absorbs are basically through the contacts accumulated when he works in the university bank, and he buys short-term financing bonds and original shares of trading houses and factories set up by his classmates on the public platform of the university.

This kind of opportunity to share the assets of classmates is not something that can be obtained by those nouveau riche and vulgar local tycoons, adhering to the tradition of teachers, only choosing good people with good credit and reputation to cooperate, these trust assets have become the best live advertisement made by the bank. From its opening to the time of the crisis, the fast-growing bank has never been run on or in crisis. This is not only the benefit of passing through the crowd, but also the credit brought by strong management and performance. In the crisis, Tu Jing, who had been prepared for a long time, merged four rubber trading houses with assets of more than one million and two Qianzhuang ticket numbers with assets of more than one million in one go, and achieved leapfrog development after sharing this feast, and achieved the goal of mixed business operation one year ahead of schedule.

A strong small and medium-sized team, under the leadership of the Chenji economic giants under the leadership of the crossover, covered the economic circles of the entire empire, from underwriting short, medium and long-term treasury bonds, to handling personal credit overdraft loans, monopolizing the mobile surname and economic bloodline of the entire empire. It occupies the most central position in the feast of dividing the fruits of the empire's economic growth, and at the same time gets the most abundant income for many shareholders.

In 1949, when the Crossing Masses were busy carving up the last bit of the old forces, the situation in Nanyang also changed dramatically. Since 1942, when the Voyage to the South Seas achieved the goal of opening the doors of the five major powers, the Rio dynasty of Viet Li, the kingdom of Champa, the Khmer Angkor dynasty, the death of Sri Buddha, and the kingdom of Bagan have all been swept up in the tide of globalization.

The economic structure of various countries gradually changed to the simplification, raw materialization, and scale of the colonial economy, and the original backward self-sufficient feudal small peasant economy basically disintegrated. In their place were large-scale plantations and mines, lumber yards. Large swathes of forest and swamp were cut down and reclaimed and converted into profitable cash crops for spices, sugar cane, teak, cinchona, glutinous rice, oil palm, tea, cocoa, coffee, rubber, sisal, abaca, coconut, fruits, and medicinal herbs, which were in great demand in the empire.

A large number of mountain peaks and hills were developed into mining land, and truckloads of ore were stripped of ore deposits by a large number of indigenous and slave laborers from the pits with sharp tools such as steel picks, transported to the docks where the ore was stacked and improvised concentrators, and then concentrated in several large mining cities with smelting capacity to process into a shipload of metal ingots or selected high-purity ores (non-metallic minerals, such as graphite, quartz and asbestos, precious and semi-precious stones, etc.) loaded with Nanyang specialty ships.

For example, the Khmer Empire of the Angkor Dynasty, which was vast but heavily distributed, had almost all of its population concentrated in the coastal plains, deltas, and alluvial plains of the lower Mekong River in the south, while several lakeshore plains in Cambodia concentrated 40% of the population, but these plains occupied only 2% of the empire's area. Angkor Thom, the capital city north of the Tonle Sap Lake, has a permanent population of more than 500,000 people, while the plains and mountains of Thailand and Laos, which occupy 90% of the country's land area, are only 5% of the country's population.

The many plateaus, plateaus, river valleys, plains, and hilly areas that are suitable for the population to live in are almost all prehistoric times that no one wants. The merchants of the empire watched tens of millions of tons of high-grade timber lay in the forest and rot, their hearts dripping with blood. In order to develop the vast forests and extend the power of civilization and empire to these green and civilized blank areas, under the leadership of the Demolition and Relocation Office with Chinese characteristics (a foreign-invested development and construction company of Chinese businessmen), the surplus labor of the plains, which had long been overwhelmed by the Khmer, was directed to the vast forest valleys to work as loggers and road builders.

The powerful purchasing power of the Khmer rushed into this ancient agricultural civilization with the currency, medicines, and all the consumer goods of the higher civilized world, and it was not only the consumer goods and weapons made by the powerful industrial capacity of good quality and low prices that came here, but also the huge purchasing power and investment that strongly stimulated the Khmer's primary product exports. 1,000 tons of fine white rice in exchange for 100,000 iron arrowheads; After fumigation of the large trees that can be found everywhere in the 10,000-square-meter forest, you can exchange 5,000 horses of fine linen cloth or 1,000 pieces of white cotton cloth; Even the most valuable dyes were exchanged by Chinese merchants for locally produced pearls and ivory. (Dyes were more expensive than gold in ancient times, compared to pearls and ivory, which were more abundant and denser, were cheap locally.)

A feudal lord of the Angkor Dynasty was a comprador, almost shouting that I wanted to rush into the auction hall of Angkor to sweep the goods, of course, not bags and cosmetics, but a bow and arrows and steel props, all kinds of construction machinery and production tools that can strengthen their own strength. The merchant houses established by the empire in various large cities were almost always out of stock, and whenever a ship from the mainland exported to the port unloaded the goods, compradors and buyers waving checks from various banks and agencies of the empire rushed into the merchant houses to which the ship belonged to sweep the goods.

The backlog of local Angkor warehouses was almost non-existent, and the enthusiastic Khmer merchants and aristocrats took the initiative to drag a large number of goods to the docks of the imperial importers and send them to the ship, paying a little free poor labor, in exchange for the transportation fee to buy a lot of Chinese goods.

The rich Angkor Thom was surrounded by a well-developed irrigation system, high-yield paddy soil was cultivated for hundreds of years, and with the help of imported cement and construction machinery, the expansion of Angkor Thom was greatly accelerated, and the construction of a water conservancy system was on the fast track. Dirt roads have been replaced with hard pavements of stone and cement, main aqueducts have been replaced with anti-seepage canals made of stone slabs and cement, and rice fields with chemical fertilizers and improved seeds have produced twice as much rice.

The wealth brought by trade greatly stimulated the rulers of Southeast Asia, and the new tax revenues of the various kingdoms were almost several times higher than before the Chinese Empire appeared before them. Agricultural taxes and poll taxes were quickly replaced by commercial taxes, and the nouveau riche began to build on a large scale, but the quantity and quality of the construction were just a step up.

Each country quickly transitioned from the early feudal society to the era of imperial centralization (with money, and the support of imperial power and arms, it was easy to sweep away the reactionary forces in the country, and as for who was the reactionary forces, the right to define them was in the hands of the local diplomats who represented the interests of the merchants of the Chinese Empire, and whoever dared to set up arbitrary fees, incite the people to oppose the export and dumping of imperial capital, and destroy the local handicraft industry was a reactionary force). The monarchs of various countries have become loyal brain-dead fans of the Chinese Empire, and those who do not want to accept the control of the Chinese Empire have a large number of heirs and feudal lords with the right to inherit waiting to bring the crown.

These actions are similar to those of the British colonization of India. But the difference is that the public does not look down on the treasury and sovereignty of these countries, and the most important coinage rights have always been firmly in the hands of Chenji Bank. These countries are just a few of the many ATMs and money printers that make their way through.

This trend of colonization became more pronounced as the dependence of its economy on the empire increased with the size of its trade, and the empire's control over the South Seas became stronger. This gratifying change made Li Hao, who had unknowingly become the emperor of the hardcore suzerain, perceive it, and after crossing the public to agree, the monarchs of the five countries personally went to the imperial capital to hold the 10th anniversary ceremony of the first Great China Conference before the appetizers were served, and the meeting was also attended by Emperor Baihe, King Wang Mata, King of Goryeo, Yelu Yanxi, Lord of Liao, and King Vigabu of Gaochang Jin and others. (To be continued.) )