Section 418 The Rise of the Automobile Industry (3rd Update)
As a gold standard currency, the gold dollar bills issued by the Bank of China are already an important international currency in the world market, but they are far from being as good as the pound sterling, and countries are still willing to accept the pound sterling, first, because all countries have long been accustomed to the pound, and second, and more importantly, the British restored their world trade status after the war, once again surpassing the United States to become the world's largest trading country. Pen ~ fun ~ pavilion www.biquge.info
British merchant ships around the world account for more than half of the world's trade, and Lloyd's Register remains the standard for the world's shipping industry.
There is no more convenient way to further elevate the status of gold dollar bills other than relying on the pound alone.
If it can be tied to oil, and oil is priced in gold dollar coupons, it will obviously be more influential.
However, the status of gold dollar bills in China is not very high, because China is still on the silver standard, and the whole of Asia is using the silver standard.
After receiving Yang Chao's gold support, Zhang Jiaao has repeatedly suggested that Yang Chao take the opportunity to switch China's currency to the gold standard and completely integrate into the world market.
The reason why Yang Chao chose the silver standard in the first place was because of Chinese tradition, and secondly because silver was easier to obtain, so it was easier to issue currency with silver as margin. However, China itself does not use gold dollar coupons, but only treats gold yuan coupons as a kind of foreign exchange volume, which is very detrimental to the improvement of the status of gold yuan coupons.
Restoring the gold standard Yang Chao is not unacceptable, but he feels that the time is not yet right, turning to the gold standard, will inevitably lead to a sharp rise in the price of gold in the world, China rashly joined the gold standard, will have an unimaginable impact on the world economy, Yang Chao does not want to destroy this wave of economic prosperity, because he believes that as the fastest growing country, China will benefit the most, far greater than the already developed Europe and the United States.
But if the Chinese currency is not converted into the gold standard, then how to obtain world economic hegemony after World War II, without the hegemony of currency, what kind of world hegemony to talk about, the world hegemony of the United States is built on the basis of the hegemony of the dollar, and become the only world currency, so that the dollar can be depreciated, through the printing of paper money to rob the world's wealth.
Therefore, step by step, we should strengthen the international status of gold dollar bills, and when China changes to the gold standard, it will be based on gold dollar bills, and it is easy for China's currency to be directly integrated into the world monetary system.
After negotiating with Eiston, the professionals sent by the British arrived in China by airship ten days later to sign a formal agreement with Yang Chao's representatives. At the same time, he received all kinds of materials delivered by Yang Chao, and then quickly took them to Persia and the Arabian Peninsula for verification.
The British technicians quickly determined that the treatment given by Yang Chao was accurate, although they were curious about how Yang Chao obtained these information, but they did not suspect that Yang Chao must have sent people to explore, as for when they came to explore, they did not know, and some even suspected that this was the result of German exploration, and the Chinese just bought it from the Germans.
Soon after, large quantities of equipment were purchased, new oil wells were drilled in the Arabian Peninsula and Persia, and the British were ambitious to double oil production in the Middle East to 100 million barrels by the end of this year, making at least $200 million in profits.
At Yang Chao's request, the Chinese companies were given a batch of orders for the production of oil casing, after all, they had supplied oil pipes to Siberia, and the enterprises in Shandong already had the production technology and capabilities, and the British knew that they could not afford to eat all the orders, unless they were willing to wait for the oil field production to reach 100 million barrels next year.
They can't wait, and neither can China.
Because there are more and more cars, despite the high tariffs of 1,000 percent on American products, European cars can still enter China, China now imports tens of thousands of cars every year, and half of them are expensive luxury cars, and now even the Japanese are eyeing this market, and they are actively negotiating with the United States, hoping to introduce technology to produce cars.
The import of half of the luxury cars, the first shows that there are too many rich people in China, and the second also proves that this is not a normal import state, indicating that the import of low-end cars is seriously restricted.
Because even in Europe, Yang Chao also imposed tariffs of more than 400% on them, and the original price of a Ford car made in Europe was only 260 taels of silver, but it went to China for more than 1,000 taels.
And China's current automobile industry, in addition to the Chinese General Motors acquired by Yang Chao from Morgan, there is only one Zeppelin Automobile Company, but General Motors produces agricultural machinery such as trucks and tractors, Zeppelin Maybach only produces luxury cars, last year Maybach produced 300 Zeppelin W2 cars, one tael sold as high as 10,000 taels, still sold out, China consumed 200 of them, Japan imported 30, and most of the rest were bought by the Russian aristocracy in Siberia, A small amount was exported to Europe and the United States.
Maybach production, hanging Zeppelin label luxury cars, in the world are famous, the engine technology, has been recognized as world-class, and the gearbox is unique, not only world-class, the supply of Maybach gearbox ZF is currently the world's largest gearbox supplier, the annual production of gearboxes has been exported to Europe and the United States tens of thousands of units, all supplied to the world's high-end automobile enterprises.
I have to say that the Zeppelin company was full of talents, and the research and development of these top people who let their imagination open up did accumulate a lot of technology, so that now Zeppelin transforms into automobile production, and there is basically no technical difficulty.
It's just that they, like Zeppelin, take the high-end route and produce cars that are too expensive.
Yang Chao does not plan to change their business ideas, Zeppelin, is to go to the high-end, stand in the high-end market, that is a famous brand of China's industry.
So Yang Chao must introduce a Volkswagen cheap car, looking all over the world for Yang Chao to buy not many car companies, Americans will definitely not sell, the most successful Ford is not worried about the market, General Motors is Morgan shares, it is impossible to sell, can only look for opportunities from Europe.
Yang Chao's final pick was L& C from the Czech Republic. amp; K Motors, L& amp; K began producing motorcycles in 1899 and automobiles in 1906, eight years before Ford Motor Company, and was later rated as one of the four oldest automobile companies. People in the future generations of this car company may be very unfamiliar, but if you talk about Skoda, people who know cars will not know it, and Skoda is actually developed from this company.
Czechoslovakia is a country divided from the Austro-Hungarian Empire, as the main successor of the industrial strength of the Austro-Hungarian Empire, the industrial and technological capabilities of this small country are not weaker than Germany, the Steyr Arsenal is the largest arsenal in Europe, and before the war it was a giant that can be compared with Krupp, and the automobile industry is not lost to Germany, but after the war, as a defeated country, Czechoslovakia's experience is not much better than Germany.
So L& amp; Company K is willing to sell its shares, or it is happy to find partners and collaborators.
L& amp; The two founders of K Company, one named Laulin and the other Clement, the company is composed of the initials of the two of them, Laulin is a technical genius, Clement is a sleek genius, and the two work together to make a small business bigger step by step.
And these two people are very smart, they know how to adapt to society, they are not as stubborn as Ford, they don't mind giving up their shares, and they don't even care about giving up control of the company, long before Yang Chao found them, they were already negotiating with the Czech industrial giant Skoda Persson Group, hoping to cooperate with the Skoda Group to produce cars, with the help of Skoda's strength, to resume their pre-war production, and they are willing to give up most of their shares to the Skoda Group.
Compared with Skoda Group, whether it is scale or strength, it is obvious that Yang Chao has more advantages. And the Chinese market had more potential than Czechoslovakia, or even the entire post-war European continent, and it was full of imagination, and Laurin and Clement had no reason to turn down this opportunity.
So when Yang Chao sent someone to talk to them, they didn't hesitate, but at this time Skoda was also very interested in the production of cars, Skoda, as an industrial giant in the Austro-Hungarian Empire in the past, knew too well the benefits of Krupp guys from cooperating with Yang Chao, so they actively wanted to join this cooperation, Yang Chao did not want to give up the European market, he introduced L& amp; K was just for the sake of technology, so he agreed to Skoda to take a stake and make a fortune together, so they hit it off.
In the end, the three parties established a joint venture, with Yang Chao holding 51% of the shares and getting a controlling stake, Skoda getting 29%, and Laulin and Clement retaining 10% each and continuing to operate as the company's leadership.
The reason why Yang Chao chose them is because of L& amp; K Company's accumulation of technology in small cars is based on the Voiturette small car, which they began producing before the war, which is comparable to the Ford Model T in terms of performance and reliability, but the production scale and manufacturing technology are limited, and the price is not as cheap as Ford.
Yang Chao invited Laulin and his team to Shandong to build a factory to produce cars, from their accumulated motorcycles to automobiles, all production, their products in the impression of Europeans are acquaintance, durable, these two qualities are also very in line with the aesthetic taste of the Chinese, I believe it will be successful.
After two years of construction, the factory was built, the equipment was in place, and the technicians also improved on the basis of the past technology, and launched a new small car, the year their old car was launched, it won the gold medal in Berlin, this improved car, naturally will not lose to the old car, so there is no problem at all in terms of performance, the question is still production capacity, can it produce cars on a large scale like Ford.
They said they had succeeded, so Yang Chao had to go and see, so after the negotiations with the British were over, he came to Shandong. (To be continued.) )