readx; After learning of this information, the British-American alliance also began to jointly build more advanced 50,000-ton battleships, and two of them were built at a time, with the United States funding the construction of one and the British saying that the other was jointly built. The two battleships were first equipped by the Navy www.biquge.info the British Navy.

From the point of view of Britain and the United States, it is obviously impossible for the Chinese Empire to build only a 50,000-ton Mengjiang-class battleship.

What they didn't know was that the Chinese Empire obviously only planned to build one for the time being, and the other new ones would be empty shell ships, which were only intended to drag Britain and the United States into a naval arms race.

The expenditure of the Imperial Chinese Navy was indeed relatively high at this time, but it was relatively low compared to Britain and the United States.

All the member countries of the Third World Alliance have concentrated their resources on developing land power, and only the Chinese Empire has developed sea power, or in other words, the member countries of the Third World Alliance have not developed much military foundation, and most of their equipment is purchased from the Chinese Empire.

Each of these member states is developing its economy, and they are all comprador political axes.

In terms of the alliance's naval expenditure, the Third World Alliance spends three-fifths less than the Anglo-American alliance on naval military spending.

However, it does not mean that the Chinese Empire does not develop in the navy, the Chinese Empire only rarely builds real battleships, while aircraft carriers are secretly manufactured a lot. At this time, the Chinese Empire already had five second-generation aircraft carriers, and the three new ones had not been noticed by Britain and the United States.

In terms of naval quality, the Chinese Empire was far superior to that of Britain and the United States.

Although China is not a traditional naval power, in fact the navy is just that, and the most important thing is military technology and training.

When military technology has achieved an overwhelming superiority, and the officers and men are well-trained, even the worst commander will not fight too badly.

Just like the saying circulated in the Imperial Chinese Army: "As long as you are not a pig, you can command the Imperial Army to win." ”

…… The world crossed 1924 and entered 1925, which was destined to be an extraordinary year, a year of transformation of the development model of the Chinese Empire.

After nearly 15 years of people revolving around development, in 1925 it was about to enter the mode of development revolving around people.

In 1925, the Chinese Empire, which had been heavily burdened, first raised taxes to cope with maturing debts, while lowering mortgage interest rates.

The mortgage interest rate is almost all the way down, the interest rate is close to zero, which is basically the same as the bank savings interest rate, and the down payment is also pushed to the end, which is almost no threshold.

A large number of engineering teams have changed jobs to develop real estate, and the number of new official projects has begun to decrease, but it will not immediately reduce to zero.

As a state institution, the project still has to be built, no matter what time it is, some projects in the country do not build, no one builds, just build more and build less.

Anyway, this thing depends on market monitoring.

Real estate has gone up, and the number of political axe projects has decreased.

At the same time, the Chinese Empire lowered the threshold for car loans a little, and the interest rate was lowered.

As long as the number of car loans goes up, real estate interest rates will slowly rise. This is a lever balance relationship, if it goes up here, then it goes down. Then gradually reach equilibrium, with the last end pressing over the other.

After the reduction of mortgage interest rates in the empire, the real estate industry in the provinces of the country developed rapidly.

Especially in the hinterland, a large number of houses have started to be built, which in turn has led to a large number of jobs, which has just offset the reduction in jobs due to the reduction in the number of official projects.

The automobile manufacturing industry and the electrical appliance manufacturing industry began to develop rapidly, and the production capacity expanded rapidly.

Due to the development of the real estate industry, as well as the rapid development of emerging industries such as automobiles, electrical appliances, and aircraft, the economic development within the Chinese Empire has once again injected a strong core driving force.

But to put it bluntly, housing loans and car loans are nothing, and the real power is low-interest loans.

When society enters a state of overdraft consumption, all industries will become very prosperous, and there will be investment opportunities everywhere, and then the people will be able to get low-interest loans, and the people will put their money into these investments.

With the current national productivity, it is actually very easy to pay off the mortgage and car loan, after all, although there is a certain bubble in real estate, the price is not unaffordable, especially the land in the Chinese Empire is privately owned, and the price of building a house is actually very low, even if it is a little overheated, it is also within the range of easy acceptance.

Due to the pull of housing loans and car loans, the market became prosperous, and at this time, the East China Group began to lend at low interest rates, which caused an unprecedented investment boom in the Chinese Empire.

Many citizens have gone to take out loans and invest their money in the construction of real industries.

If you do the math, like those projects that take 20 years to recoup their investment, and the interest rate is so low at this time, then it seems that the investment is very cost-effective.

Twenty years later, when I paid the money back, I had one more physical asset.

Under such temptation, many citizens have gone to take out loans and then invested their money in various real industries.

Among them, the railway is still a relatively popular investment project, and it is also a well-known investment project among the people, so the investment amount is very high.

Although the imperial government reduced the construction of new projects, private capital poured in.

The commercial activities generated by a large amount of private capital have led to a lot of employment, and the whole society has begun to prosper in an all-round way.

Housing loans, car loans or something, under the current general national income, it does not take too long to repay the money, just with the income of the income at the bottom of the society, a decent house, it only takes ten years at most to pay off the loan, and it is not the entire income, but a small part of the income is deducted from the income every month.

However, the Chinese Empire is not currently completely lowering the lending rate, but slowly lowering it to prevent too much money from suddenly pouring into the market and causing too much money.

However, the reduction of loan interest rates has led to an increase in the number of loans, and the main ones at present are corporate loans, which have begun to increase investment to expand production in the face of lower interest rates and the bright prospects of the market.

The expansion of production by enterprises has led to an increase in investment in infrastructure.

Housing loans and car loans are just an introduction, which has created a very promising phenomenon in the economic market, thus inducing enterprises and individuals to invest.

Investment is risky, and you need to act carefully.

Basically, the vast majority of the people have no sense that the economy will collapse, and even if a few do, they have no way to publish their views in the media.

Even if it is published in the media, it cannot be taken seriously.

After all, this is something that cannot be controlled, and as long as banks lower interest rates and stimulate consumption, then the market will prosper, and prosperity will inevitably lead to a positive outlook, which will lead to a surge in investment.

It is in this way that American bankers continue to spark an investment boom.

Then use the method of economic collapse to take away the achievements of construction, which is a typical model of the white wolf with empty gloves, and it is almost the most successful model.

The generation of this investment boom has created a large number of jobs, so that the labor cost has been rising, and the rise in labor costs, coupled with abundant funds, has made almost every industry of enterprises eliminate low-level productivity, begin to buy the most advanced equipment, and use the most advanced productivity for production.

First of all, after the rise of labor costs, low-level productivity is no longer suitable for market competition, and then enterprises can get enough money to replace production equipment to improve productivity.

And if you don't want to change, you can't do it, after all, everyone else has changed, and if you don't change, you will be eliminated by the market, so you will close down.

This overdraft consumption made the empire's economy more prosperous than before.

The Chinese Empire continued to add new construction projects, but it was to raise funds from the people and use private capital to build these projects.

It is equivalent to the fact that the official empire is only an organizer, but not an investor.

Of course, this is based on the current economic momentum, and the economic depression is not in the official blueprint for the rate of return.

In 1925, the Chinese Empire entered a real frenzy of construction, which was different from the previous official construction investment, it was an unprecedented comprehensive investment, almost all real industries, began to inject large sums of money, and a large number of investment projects appeared in various fields.

The only way for the empire to sustain such an investment boom is to stimulate national consumption, and only prosperous consumption can sustain such an unprecedented investment boom.

After all, if consumption can't go up, and enterprises can't sell goods after investment, then the prospects of the industry will not be optimistic, and then there will be less investment.

Some industries themselves are not very valuable for investment, and the ultimate purpose of the Chinese Empire is to expand the war potential, so the main consumption is the consumption of automobiles, electrical appliances and other goods, so that enterprises in this area continue to invest.

At the same time, the economy is booming, and the investment in electricity, railways, etc. has also gone up, after all, the rate of return is good, and it is very easy to raise funds to build these projects.

The abrupt change in the development model of the Chinese empire has plunged the American bankers into a state of great unease.

Previously, the United States had set off an unprecedented boom in investment, even more prosperous than the investment boom at the end of the nineteenth century, but in terms of economic development, it seems that it did little to shake off the economy of the Chinese Empire.

According to the data released by the Chinese Empire, the economy of the Chinese Empire is still firmly behind the US economy, and it is far from achieving the goal of leaving the Chinese economy behind the Chinese economy as expected by these bank capitalists.

And, to make matters worse, now the Chinese Empire has also begun to overdraft its consumption model.

"China has five times the population of the United States, which is also a disadvantage for the United States to compete with China economically."

"Population, that's right, population!"

"If the United States, together with the United Kingdom, Japan, France, and Germany, is still a little smaller than China in terms of population, the gap is not big after all, and it is very necessary for the United States to implement the current development model in these countries."

"But China also has allies, and the combined population of the Third World Alliance has reached 800 million."

"If you add in Australia, Canada and the British colonies, we have far more than 800 million people."

Britain, in this era, is the largest country in the world in terms of territorial area, of course, this is the result of counting colonies, under this algorithm, China's territory can only be regarded as the second largest in the world.

(To be continued)