Section 377 Economic warfare
In this crisis, the performance of various enterprises is very different, and the enterprises of the rich and strong party only blindly turn to Yangzi Bank, but Li Sidi did not give them low-interest loans at this time, and many enterprises will only close their doors. Pen "Fun" Pavilion www.biquge.info
Shanghai's national capital, which has grown up from small to large, has crossed the sea to show their magical powers, looking for capital support everywhere, borrowing money from their families, borrowing money from relational banks, selling houses and land, their relationship networks are more complex, and their chances of surviving are also greater.
The enterprises that have survived the crisis are about to usher in spring, because after the market has eliminated a large amount of production capacity, their production is guaranteed, orders will come back, profits will come back, and life will get better and better.
As for those who were already bankrupt, they did not catch up with this opportunity, and they died before dawn.
Since June of the 5th year of the Republic, China's economic crisis has come to an end, although the prosperity has not yet arrived, the market is only slowly and naturally recovering, but it has passed the decline period and ushered in a flat period, and there is still a distance from the rising period.
Yang Chao knows that after this crisis, it will be the great prosperity of the world, and one of the reasons why prosperity is very important is the application of new technologies, and the United States will enjoy the greatest benefits of this wave of prosperity, so as to lay down their hegemonic strength, and this prosperity has made the United States completely have undoubted strength.
Yang Chao even thought that this was a war, so he returned to China, and he planned to fight this war, using economic warfare, to pull the United States into the water.
One of the main reasons for the prosperity of the Americans after World War I was the reconstruction of Europe, but even more important was the promotion of new technologies and the production of new products.
The latter two are basically derived from the same company, the American Foton Motor Company.
Before World War I, there were new production methods in the United States, such as Ford's assembly line production and Taylor's production management methods.
During the First World War, the American capitalists did not have the opportunity to adopt new technologies and purchase new equipment, and they did not have to worry about the lack of a market during the war, and the issue of efficiency was not in the scope of consideration.
At the end of the war, the American capitalists, who had made war money, just caught up with this wave of technology promotion, and there was a European market, so the economy boomed. Of course, the most important thing is their domestic market, the birth of the Ford assembly line completely brought the car into the ordinary family, and the production capacity of American automobiles has skyrocketed from the pre-war level of one million to the level of five million.
The automobile industry has played an incredible role in stimulating the economy, and the automobile industry in later generations consumed forty percent of the world's steel, driving dozens of related industries, and it is obvious that it is the prosperity of the American automobile industry that completely digests the excess production capacity during the war.
In addition, the United States has made a lot of war money, has more than 8,000 gold reserves, and has become the world's financial hegemon, and these are also important factors, and various factors have combined to promote this craziest wave of growth in American history.
It's just that the prosperity has not yet arrived, starting from China, the post-war economic crisis broke out, and the crisis easily spread to the United States, making the post-war economic crisis in the United States more serious than the original history, and it took them a year and a half to get out of the original history, Yang Chao didn't want them to get out of the crisis too easily to meet the prosperity, so he had to create some difficulties for the United States.
"Negotiate with the British, the French. Open markets to each other. Tell them we can give them a reconstruction loan and allow them to export goods to pay off their debts. ”
After Yang Chao returned to China, he immediately pushed the Ministry of Foreign Affairs to negotiate with Britain, France and other countries.
This is not only to open up the European market, but also to win over Europe.
Britain and France owed the United States a huge debt during the war, Britain owed the United States more than $20 billion, and France owed more than $15 billion, but the Americans raised tariffs, closing the possibility of them repaying the debt through exports.
Most of the gold reserves of both countries are sent to the United States, and the world's existing gold reserves cannot pay the compensation, and they have no choice but to default when they cannot use their exports to pay off their debts.
But default is a huge damage to the country's credit, and the English have very few records of defaults since the 16th century, so they do not want to default at all until there is no way to do so.
As a result, Britain and France have been asking the United States to reduce tariffs so that they can earn dollars to pay off their debts, but the Americans do not agree, and there is even a saying in Britain that the Americans want to use debt to control Britain.
China has accumulated a large amount of gold and silver reserves during the war, and now has 6,000 tons of gold and 200,000 tons of silver in the vaults of the Bank of China, which means sufficient money under the gold standard.
China is qualified to issue huge loans to Europe.
The current world economic crisis has affected East Asia and North America, but Europe has not faced a very obvious crisis from the beginning to the end due to post-war reconstruction.
Europe lost a large number of labor in the war, and the labor force was already insufficient, so the unemployment problem was not serious, and the rebuilt market was enough for their enterprises to survive.
However, this crisis does not mean that it has no impact on Europe, the biggest impact is that although there is no crisis in their realm, there is no prosperity, and they are half-dead, because there is no source of funds for reconstruction, and there is no source of materials, and the most important thing is the problem of funds, without funds, there are no materials.
Now that the economic crisis in East Asia is about to pass, the United States has come out of its worst stage and is going through a difficult recovery period.
Historically, after the post-war crisis in the United States, in addition to the orders that the West had rebuilt for them, their companies that had survived the crisis began to adopt new technologies in large numbers to make production growth even stronger.
But now the Americans have not yet found a market in Europe, and then China started a trade war with them, and then the economic crisis broke out, and the United States also adopted tariff protection.
After the United States established tariff barriers, Britain and France, which were worried about being implicated, began to follow suit, and also raised tariff barriers to comprehensively restrict the import of American goods.
Before American goods could find a market, Yang Chao put a wall on their industry through the ripple effects of the economic crisis.
After building this wall for the Americans, Yang Chao needs to open a door to China on this wall.
After explaining to Mi Qing, Yang Chao immediately returned to Shandong, the market depression was not over, and the surviving factories had not yet returned to their former production capacity, but they were no longer losing money, so the number of workers was lower than in the past, and the urban population was smaller than in the past.
This situation requires the market to slowly adjust for half a year to a year, and then it will slowly expand as the market slowly expands, and then enter a boom period.
Yang Chao believes that the greatest effect of the economic crisis is to readjust the economic structure, and now that the role of structural adjustment has been completed, then it is time to start resuming production and even expanding production.
Let Mi Qing give Li Fuan an an order to restart the Temporary Industrial Bureau, this Temporary Industrial Bureau has a different name from the wartime Industrial Bureau, but the actual organizational structure is the same, and even the functions are not much different, and the personnel are also the personnel composition of the war, and they have not even had time to disband, and they can be reopened by changing a sign and hanging it.
However, the scale should be expanded, more personnel should be recruited, far larger than in the war, there are more design industries, and the categories are more complete, not only involving heavy industry, but all industries must be compatible, because Yang Chao's purpose is to fight a war, an industrial war, a monetary war, and an economic war.
There is only one opponent in the war, and that is the United States, which must snipe at the United States before World War II to suppress American expansion and at the same time increase China's power.
As long as it dares to successfully snipe at the U.S. economy before World War II, and then replace the role of the United States in World War II, when the British can no longer maintain world hegemony after the war, China will naturally take over the baton of British hegemony and become the new hegemon in the next century.
This opportunity is extremely important to China, to any emerging country, it can be said to be the best in hundreds of years, but also the only opportunity, miss this opportunity, in the imagination of not knowing when to wait, or never wait, so Yang Chao attaches great importance to it, and finally after two years of absence, he returned to China to sit in the town and personally command. (To be continued.) )