readx; The capital of the Chinese Empire began to be withdrawn in large numbers, and overseas Chinese returned to China on a large scale, which added fuel to the investment boom within the Chinese Empire. Pen ~ fun ~ pavilion www.biquge.info

The money earned by overseas Chinese has been invested in the stock market and investment projects of some individual organizations.

Similarly, a large number of overseas Chinese have returned to their homeland, which has also stimulated the growth of domestic demand.

At this time, the domestic demand of the Chinese Empire was still very strong, especially in the inland areas, which grew at the fastest rate. In this large-scale lending, the inland areas benefited the most, and the economy of the inland areas has developed at an unprecedented rapid pace, which has greatly changed the abnormal state of economic distribution of the Chinese Empire.

The eastern seaboard occupied a very small part of the empire's territory, and the empire's territory expanded sharply to the west, and by this time it had already expanded into the Caspian Sea.

In general, the economy of the Chinese Empire became more and more backward the further west it went, and the more underdeveloped the basic conditions became.

The ecological environment in the central part is very good, and it is also very suitable for the population to live. However, most of the western region is not suitable for a large number of people to live in, the ecological environment is fragile, and the living conditions in some areas are poor.

However, the western region is rich in minerals, and there are many resources underground.

The economic development of the current investment boom in the Chinese Empire is mainly manifested in the shift of a large part of the coastal economy to the central region.

In the western and northern regions, because of the economic prosperity, the industrial and mining industries have gradually developed, and the mining needs of the industrial and mining industries have led to the construction of transportation facilities.

The population movement of the Chinese Empire was manifested in a large-scale movement from the coast to the inland areas, and at the same time a part of the population moved to the frontier areas of the empire.

In particular, the empire regularly organized emigration to areas with weak economic development and large populations, and each time the immigrants had very preferential policies.

For example, if you go to a border area to give a living, you can give it housing, land, and so on.

Generally, the peasants who immigrated to the frontier areas were allocated arable land, and each household had at least 300 acres, and the current frontier land of the empire was particularly large.

If the land is less, the personal output value will not go up, so naturally it will be more, and the land in the border areas will not be worth much anyway.

Workers who work in border towns are allocated houses.

Under the organization of the empire, the frontier regions were rapidly enriched, and the density of the empire's defenses in the frontier regions was strengthened.

The empire's construction industry continued to grow rapidly, still accounting for the largest share of the three major economic support in 1928, while the automobile and electrical manufacturing industries were even more rapid, and it was not long before they could catch up with the construction industry.

Life is the eternal theme, and economic development is inseparable from life.

What people need most in life is nothing more than a house, a car, and electrical appliances, and then marry a wife, have a few children, and then wait peacefully to hold their grandchildren, and finally come to an end.

Therefore, it is best to pull the economic things, that is, houses, cars, electrical appliances, these are large items, and small items are those light industrial products, such as clothes or something.

Then there is agriculture, which is about eating and drinking, and it is a consumable.

Houses, cars, and large electrical appliances are not consumables, and they may last for decades, so when these things are complete, there are not many things that can be consumed, and the economic growth rate will slow down, which is the main reason why the economic development rate of those developed countries is slow.

In developing countries, because a large number of houses are built, and citizens have to buy cars and electrical appliances, the economy is developing rapidly.

Just like the Chinese Empire, its economic growth rate far exceeds that of the United States every year.

To a certain extent, it is not that it is stronger than the United States, after all, the United States has developed for a long time and experienced several investment booms, so the infrastructure is better than China's, they have accumulated, but the population gap cannot be ignored.

The economic development competition between China and the United States has caused the United States to suffer the most from its population, because China has productivity that is not worse than that of the United States, and even higher than that of the United States in many aspects.

At this time, the distribution of wealth in the Chinese Empire was relatively fair, which also greatly stimulated the growth of domestic demand.

The Chinese generally do not have houses, cars, or electrical appliances, after all, it is a country that has just broken away from the old era for 17 years.

In the past 17 years, the Chinese Empire has made great progress, and many people have houses, cars and many large electrical appliances.

At this time, it has reached the stage of rapid popularization, because of the support of loans, and the distribution of wealth is relatively fair, so domestic demand can be described as extremely strong.

Strong domestic demand continued to support the investment boom of the Chinese Empire, and the people of the entire country were fully mobilized to participate in the frenzied construction.

In 1928, the GDP of the United States was $165 billion, while the GDP of the Chinese Empire exceeded the $550 billion mark in 1928.

The growth rate of the two sides is simply very different, the economy of the United States has been thrown out of the Chinese empire by 110 billion dollars, and the Chinese empire has surpassed the United States in terms of national strength to a certain extent, and in some respects, it is still inferior to the United States.

In the 1928 GDP data, the degree of fraud of the Chinese Empire was even more obvious, and it even directly erased the $100 billion output value of $100 billion, and announced to the world in a high-profile manner that the total annual economic output of the Chinese Empire had surpassed the $10 billion of the United States, becoming the world's largest industrial country.

According to the archives of the Chinese Empire after the lifting of the ban, the GDP of the Chinese Empire was on par with that of the United States as early as 1922, and it was clumsy every year after that.

On the one hand, the slowdown in the economic growth rate of the United States is due to the fact that domestic demand has been almost exhausted, and on the other hand, the United States has invested more resources in the construction of the navy.

For an economic power like the United States, this money may not be a big deal, but after all, there is a gap. The Chinese Empire, on the other hand, invested more money in construction and the welfare of its citizens.

The rapid economic growth of the Chinese Empire was inseparable from the strong welfare of the people. After all, with higher national welfare, the people can let go of their hands to consume, so that they can have bigger houses, be able to drive cars, and be able to use large electrical appliances.

It can be said that in the eight years from 1917 to 1925, all the development policies of the Chinese empire were aimed at stimulating consumption after 1925.

After the disintegration of Beiyang in 1917, China had just been unified, and it did not have the basic conditions to stimulate consumption.

This kind of overdraft development model must first have advanced productive forces, and although China had advanced productive forces at that time, it did not spread to the whole country.

After eight years of frantic construction, the advanced productive forces have finally been popularized, and the basic industries of the whole country have been completed.

Since 1919, the United States has also been committed to replacing new production technology with abundant financial resources to improve productivity, and only after the productivity has increased has it begun to play bubble economy.

Since 1926, the tax revenue of the Chinese Empire has risen sharply every year, which has greatly reduced the pressure on the Chinese Empire to repay its debts, with a large number of tickets printed, the national income continues to grow, in terms of exports, the Chinese Empire still has an advantage, many countries like to use dollars to buy Chinese goods, because the same goods, Chinese goods are cheaper.

The Chinese Empire received the dollars, and then took those dollars to the United States to exchange for gold, and then shipped the gold back.

The amount of gold controlled by the Chinese Empire has risen to 1/3 of the world's total gold, while the United States also has about 1/3, and the gold reserves of the two countries are almost the same, accounting for 40% of the world's gold reserves.

Precious metals from both countries have basically not flowed out much, and although China gets precious metals from the United States, the United States also gets precious metals from other countries.

Both countries have trade deficits, with the total amount of gold in the United States generally maintaining a delicate balance, while the total amount of gold in China is rising.

The total amount of gold in other countries is constantly being lost, among which the United Kingdom occupies South Africa, and a large amount of gold is constantly being mined, basically no less than 500 tons per year.

But even the 500 tons of gold seem to be a drop in the bucket.

However, Britain had other colonies, and if you count the colonies, Britain was the largest country in this era.

The news that the Chinese Empire's annual GDP surpassed that of the United States caused a shock in the world.

Among them, the people of the Chinese Empire rejoiced, counting from 09 years, the Chinese Empire has only been developing for 19 years at this time, and it has surpassed the United States in terms of annual gross national product.

However, the Chinese Empire was still lower than the United States in terms of the total national economy.

After all, the United States has accumulated many years, and the total national economy is still more than that of the Chinese Empire.

But with the gross national product being thrown at $1,100 a year, the total national economy of the United States is no longer much more than that of the Chinese Empire.

After all, before 1919, the annual output value of the United States was only about 80 billion US dollars, but with the actual depreciation of the US dollar, the original industries in the United States have appreciated to a large extent.

In 1928, the Chinese Empire also made adjustments to the export industry, and many export industries began to slowly reduce the scale of export production because the American economy was about to fail.

The United States has turned a blind eye to the squeezing of many commodities, and is preparing to use these squeezed commodities to destroy the economies of other countries.

If something that was supposed to be sold for ten dollars is bought for only one dollar and dumped in other countries, then the industry of such goods will be dealt a very fatal blow, and there will be a large squeeze as a result.

Countries such as Britain and France, in fact, are not deeply kidnapped by the United States and international capital to a certain extent, and only countries like Germany are deeply bound, and if it is only the US economic depression, then it will not affect them to a certain extent, but if American goods are frantically dumped into the world, then all countries in the world will be dragged into the abyss of economic depression by the United States.

Imperial Chinese Customs was ready to raise tariffs at any time, and if necessary, could even raise import tariffs on a large area of goods to an exaggerated 1,000 percent level in order to keep out the country the goods that the United States dumped into the world.

The U.S. economy won't last long after 1928.

(To be continued)