Chapter 157: Currency Wars
After leaving the dungeon, Kyoling urged Cain and the others to return to their respective posts to prepare for the dungeon. counter-movement, and he himself returned to the lounge, under the protection of seven royal guards, a thirty-square-metre rectangular tent, with very simple decorations, except for a wooden bed covered with quilts, a table full of books and agreements, and low chairs. Pen? Interesting? Pavilion wWw. biquge。 info
Before entering the tent, he saw that the sky began to flash with a white belly, and thinking that there was still a lot of work to be done, he rushed to sleep for half an hour before the end of dawn, and although he was still physically and mentally tired when he got up, he still forced himself to continue to devote himself to his busy work.
The first thing to deal with is Nolan's official documents, most of which are agreements to strengthen economic and military cooperation, and these agreements have actually passed the approval of Congress, and the only thing that is missing is his signature.
Because China is gradually carrying out the industrial revolution, there are constantly farmers washing their feet and going to the fields as workers, so China's grain is very scarce, in the first half of the year has imported two million tons of grain from Nolan, if China's industrial revolution continues to develop, from another level, in fact, Nolan has controlled China's food lifeline.
If Nolan stopped selling grain to China one day, the mighty industrial revolution would collapse overnight, and China's nascent empire might even fall as a result, which is why Jing Ling was determined to swallow Nolan.
But he knows that the strength of the empire is not strong enough, and Nolan 500,000 tons of steel per month, China's monthly steel output is less than 100,000 tons, of which more than half of the steel is invested in people's livelihood infrastructure and military industry, state-owned enterprises and private enterprises can get less than 50,000 tons of steel per month, the lack of iron resources leads to the inability of enterprises to grow, and the capital market is also in a precarious state.
Jing Ling originally thought that no country had the concept of currency war today, otherwise Ennolan would have more than five times the trade volume of China, and it would be easy to defeat China with economic warfare, but now he realized that he was wrong.
I saw him with one hand on his cheeks, the other hand turning the pen, and his eyes on an agreement on the desk, with a trace of helplessness and helplessness in his eyes......
The brown-red cover bears a bright red caption: "Agreement on the Trade Partnership of the Eastern Turkish Continent"
This is the only agreement that has not been unanimously approved by Congress, and it is the culmination of more than three months of discussion among thousands of scholars and military and political figures in Nolan.
As a matter of fact, if the "Agreement on the Trade Partnership of the Eastern Continent" is successfully signed, the trade rules formulated by the previous "World Trade Organization" agreement will be completely rewritten, and the balance of interests will also be tilted in favor of the country with the largest resources and population, and China, a small country with a population of more than 10 million, will naturally compete with Nolan, which has a population of more than 400 million and a land area of more than 10 million square kilometers.
Therefore, Jing Ling absolutely did not agree to sign the "Eastern Turkey Mainland Trade Partnership Agreement", but he was worried that this was Nolan's ploy to kill two birds with one stone, and if China did not sign the agreement, it would mean that this small country had huge ambitions. If the agreement is signed, over time, Nolan will dominate the economic rules of Dongtu, and its influence will slowly expand to the whole world, and it will be a pipe dream for China to go to the ocean at that time.
After thinking about it, he really couldn't think of a way to deal with it, Jing Ling simply looked back at the content of the agreement, although he had read it no less than fifty times, one of the agreements still made him frown.
The agreement stated that, in order to ensure the stability of international trade, a commercial arbitration tribunal above national sovereignty must be established, designated in Santiago, the capital of Nolan. Any country or region that has signed the Trade Partnership Agreement can file a lawsuit in the Commercial Arbitration Court of San Diego......
The simple explanation is that if Nolan exports one million tons of soybeans to China every year, and the Ministry of Agriculture of China, in order to increase the competitiveness of its own crops, suddenly stipulates that the annual quota for importing soybeans from Nolan is only 500,000 tons, this will inevitably hurt all stakeholders in the Nolan soybean sales chain, including plantation owners, fertilizer producers, buyers, shippers, hotels and restaurants that profit along the way, and local governments that collect taxes.
At this time, Nolan can sue the Ministry of Agriculture of China for violating the "Eastern Turkish Mainland Trading Partnership Agreement" in the Commercial Arbitration Court, demanding that it cancel the policy of unilaterally benefiting the interests of the allies, or extend the implementation of the policy.
Similarly, if Nolan suddenly issues a policy that benefits unilaterally to the detriment of the interests of its allies, China can also file a lawsuit in the Commercial Arbitration Court.
But don't forget, the trade volume between the two countries is not at the same level at all, China's land resources are scarce, and after the full start of the industrial revolution, it is simply fanciful to rely on its own grain production capacity to feed tens of millions of people.
At the beginning, Jingling formulated a strategic policy of exchanging high-tech products for other countries' resources such as grain, forestry and minerals, so as to turn the other side into a resource supplier to China.
Perhaps Nolan's elite class saw through China's scheme, so they hoped to formulate a set of trade rules that were beneficial to Nolan by controlling the lifeblood of China's grain, so there was the "East Turkey Mainland Trade Partnership Agreement".
Think about it, as long as Nolan imports tens of millions of grains. Half of the total amount of food consumed by the Chinese people every year, no matter how developed China's industry is, as long as Nolan refuses to deliver food, countless ordinary people will starve to death on the streets, and the industry they have worked so hard to run will also collapse.
This is the future that Kyungling does not want to see, so he must reformulate a new strategic approach.
Time passed silently, and he had been alone all morning, and he had only stopped thinking when the guards brought him breakfast, but he had only eaten a few slices of bread and then continued to ponder......
Eventually, he turned his gaze to another agreement on the table, and muttered, "The Provisional Army Recruitment Regulations (Draft)" ......"
He remembered that he had asked for the army. The commission drafted a plan to maximize the mobilization of troops in wartime, so he temporarily put aside Nolan's plot to fight economic warfare and began to read the "Provisional Army Recruitment Regulations (Draft)."
Half an hour later, he drew a summary from this agreement. The senior generals and staff of the Venezuela divided military service into four categories: standing standby, renewal, reserve, and people.
Through the one-year compulsory military service policy, China can train 300,000 reserve and reserve sergeants every year, and they will participate in labor and production in addition to training.
With 300,000 retained and reservist troops and 200,000 standing troops, the number of troops maintained by China each year will be about 500,000.
Once a full-scale war starts, through the "National General Mobilization Law" and the "Provisional Army Recruitment Regulations (Draft)", all people of appropriate age will be conscripted into the army, possibly to the front, or to support logistics, one thing is certain, it will not take a week, to defend the country. An army can raise an army of millions that can fight well!
Thinking that even if the situation developed to the worst, China would have the ability to confront and even destroy the enemy, the corners of Jing Ling's mouth raised a heartfelt smile.
I saw him gently close the agreement, and said with a bright eye: "It is impossible to achieve a two-sided battle, and now we can only focus all our energy on Albertan, although it is a bitter cold northern soil, but it also contains a lot of resources, which will definitely allow us to fully open the industrial revolution!" (To be continued.) )