In response to Yang Chao's business activities in Germany, the British published a report titled "The Industrial Massacre of the Chinese", which instantly spread all over the world. Pen "Fun" Pavilion www.biquge.info

Because the commercial agreement reached by Yang Chao with the Germans is really amazing.

Yang Chao has reached cooperation with Germany in the chemical industry, electric power industry, locomotive manufacturing, machine tool production, watch industry, shipbuilding, metallurgy, mining equipment, and almost all modern industrial sectors.

Yang Chao called this all-round cooperation, and unlike the cooperation with the United States, these companies will all be wholly German-owned.

The total amount of money involved in this plan reached 4 billion marks, equivalent to 200 million pounds, 1 billion US dollars, which is an unprecedented cooperation!

The reason why the Germans are willing to accept this level of cooperation is, firstly, because of the recent public opinion, secondly, because Yang Chao is willing to let them be a sole proprietor, let them invest in Qingdao and other preferential conditions, and most importantly, Yang Chao brought a full 200 tons of gold to the German bank.

This amount of gold is enough to buy a small industrial system.

If Yang Chao knew how amazing the surplus capital that Germany had, and that the total amount of capital that the Germans exported overseas before the First World War was 44 billion marks, Yang Chao would have known that his loan was just a pediatric.

Of course, the two hundred tons of gold brought by Yang Chao, worth 558 million marks, 133 million US dollars, are obviously not enough to start an investment of 4 billion marks, but if it is only used as a collateral for interest, it is enough, Yang Chao used 200 tons of gold as collateral to borrow 4 billion marks, called industrialization loans, to provide full loans for German cooperative enterprises to attract them to invest in China.

This huge loan, the German banking group even felt that it was a little unbearable to eat in one go, but it was just the fat on the side of the mouth. How could it be spared, so they mobilized the power of the national banks and underwrote this bond by force, under this huge interest. The German government has also completely lost its mind, fully accepted the new theories of economists, and began to introduce various policies to support German industry to go out, to Shandong, to China.

And they let out their voices. Only an economy of China's size has the potential to become a weight that can balance the other side of the scales for the German economy.

The German Emperor Wilhelm II held the grandest welcome ball for Yang Chao in the palace, which is said to be even larger than when Li Hongzhang arrived.

The German foreign minister revisited the possibility of an alliance with Yang Chao, having been proposed by the Kaiser the year before last, at the end of the Russo-Japanese War, for an alliance between China, the United States and Germany in the East.

Obviously, the Germans saw that Britain had a good thug in East Asia after allied with Japan, and it was more convenient for them to expand their power, so they pulled in the United States. It is because the Germans feel that the Americans have little political ambition for China and are more focused on economic interests, so they are the most harmless.

After the Russo-Japanese War, the Germans could not wait to expand their interests in the East, let alone now.

Yang Chao was also very enthusiastic about this covenant, and the two sides discussed it warmly, but said that he did not have diplomatic responsibilities and that his trip was just a business trip.

However, it reached an agreement with the Germans similar to that of the United States, and if a German company had a business conflict with the local Shandong, it would be judged on the basis of contracts and agreements. The Germans do not seek extraterritoriality in business, and German-funded enterprises will actively cooperate with the Shandong government and obey the management of the Shandong government when necessary.

At the same time, the Germans also made a strongly worded statement. He said that the industrial cooperation between China and Germany is completely commercial in nature, and Germany will never allow any country to use this as an excuse to put pressure on the Chinese government.

Well, some people are going to scold Yang Chao for recognizing a godfather again.

There was an injection of 200 tons of gold from Yang Chao. The 4 billion marks industrial plan was immediately launched, a large number of German factories received new orders, a large number of unemployed people got new jobs, a large number of cargo ships began to load people and supplies to China, and the German economic crisis ended and began to recover at a jaw-dropping pace.

In fact, the so-called economic crisis is nothing more than the surplus capital after industrialization cannot find a way out, and a large number of people are stranded in the domestic market in search of short-term profits, thus constantly pushing up the prices of various stocks and bonds, and creating bubbles.

However, because Yang Chao used 200 tons of gold to leverage the investment of more than 1,000 tons of gold, the currency corresponding to these gold began to be withdrawn from the German economic system, and the problem of excess funds was immediately resolved.

However, the Germans, especially the people in the economic circles, believe that this situation is the greatest support for their economic balance beam theory, and even other countries have begun to accept their theory, and the German government is even more convinced, and extremely warmly entertains Yang Chao to play around Germany, but Yang Chao stayed for less than a month, and then had to leave, because he was in trouble, and someone attacked him, to be precise, his industry, and more precisely, his bank.

"Sure enough, something is wrong, it would be nice if I had paid attention to it earlier, or underestimate HSBC's ambitions."

Yang Chao stared at the data analysis table on the big screen and muttered to himself.

This is the data sent by Xie Guanhui via telegram, and it is the data on the inflow and outflow of bills at the headquarters of the Yangzi Industrial Bank in Shanghai in the past month.

Yang Chao found that since about a month ago, when he first arrived in Germany and announced the start of cooperation with the Germans, abnormal data began to come in and out.

After a run last year, Mr. Yang asked Mr. Xie to open more than a dozen banks in Hankou and other ports in one go, and at the same time began printing new bank bills on a large scale.

Yangzi Bank's new bank bills are divided into two kinds, one is two silver bills, the other is gold dollar bills, the silver two bills correspond to silver, and the gold dollar bills correspond to gold, and the gold content of one dollar gold dollar bills is set at one gram.

With the current ratio of gold and silver, the value of one yuan gold dollar coupon is about the same as that of one or two silver bills, and it fluctuates up and down, because the price of one or two gold has basically been maintained at about 37 grams of silver, that is, one tael.

The purpose of Yang Chao's change is, of course, to facilitate the exchange of gold and silver, to grab business from foreigners' banks, to take over the foreign trade import and export exchange business controlled by foreigners, and to let Chinese merchants participate in import and export trade. The exchange between gold and silver was handed over to Yangzi Bank.

It has always been normal before, and the amount of gold and silver exchanged every month is around 2.3 million taels of gold, but a month and a half ago. Suddenly, abnormal data began to appear, and the exchange limit began to climb slowly, reaching 500,000 gold yuan a month later.

After that, the curve began to appear again, and one day the exchange amount suddenly increased.

Yang Chao can see from the graph that has been made into a curve that the daily exchange amount basically forms a straight curve. Including the growth of the curve is relatively straight up, obviously someone is quietly absorbing Yang Zi Bank's gold dollar coupons, doing very hidden, and then suddenly exchanged, so that this curve is very eye-catching There are several abnormal peaks and trough fluctuations, just like the heart suddenly beats on the electrocardiogram.

Obviously, this is not normal, and the days when this kind of beating occurs are not regular, sometimes every day or two, sometimes every three or five days, according to Xie Guanhui's records. The people who came to exchange were very normal, that is, some customers who usually operated import and export, so he didn't pay attention, thinking that the other party suddenly had a big business.

However, there has been news in the market recently, that is, Yangzi Bank has shipped all the gold to Germany, and the vault of Yangzi Bank has actually been empty, so all customers who deposit gold in Yangzi Bank have started a run to withdraw the deposits.

Yangzi Bank's gold reserves are only 200,000 taels, but most of them are lent to customers. The daily exchange is all the deposits of other customers, and once it is run, it really can't be paid. As a bank, once the funds are broken, it means bankruptcy, there is no doubt about it.

"Financial warfare!"

Yang Chao sneered, I'm afraid things are not so simple, HSBC is really not giving up.

"I'm afraid I'm looking at my gold!"

Yang Chao suddenly thought again. This time it may be different from before, he has sprinkled gold in Europe and the United States, especially in Germany for the feat of throwing 200 tons of gold, if the British and French banks are not red-eyed, it is impossible.

In those years, the gold reserves of various countries were not as large as those of later generations.

In 1913, before the First World War, there were only a few major powers with gold reserves of more than 1,000 tons, Russia only 1,200 hundred tons, France 1,030 tons, Germany 439 tons, Austria-Hungary 378 tons, the United States official reserves of less than 200 tons, that is, the gold reserves of the Bank of England, the central bank of the world hegemon Britain, were only 248 tons.

However, Britain and the United States are special, their banking systems are very developed, and there is not much gold needed to maintain monetary stability, plus the British and American systems are free economic systems, except for the gold used to maintain monetary stability, their gold is basically in circulation, that is, in the hands of commercial banks.

For example, in the United States, although there are only 200 tons of gold in the government treasury, Morgan's group of bankers can mobilize thousands of tons of gold, in fact, after the establishment of the Federal Reserve, Morgan and other banking groups can immediately inject thousands of tons of capital into the Federal Reserve, and also issue commemorative medals in various countries to prove their strength, including a portrait of Sun Paoge, which is for the Chinese.

Not to mention the United Kingdom, where the Bank of England has only 248 tonnes of gold, not only is it not as good as big countries like France and Germany, but even their Dominion Australia, which has 309 tonnes of gold.

But no one will underestimate Britain because of this, and no one will deny London's status as a financial center, because London's gold is not reserved, but is in free circulation, and the gold circulation manipulated by London's financial predators is more than 10,000 tons.

The 10,000 tons of gold allowed to circulate freely are the confidence of the British to dominate the world, the capital of the British pound as an international currency, and the reason why London has become the world's largest financial center.

But other countries can't, the banking system is far less strong than the United Kingdom and the United States, so for their financial stability and economic security, they must store a sufficient amount of gold, and the more backward the central bank, the more gold needs to be stored, just like the Russians have saved more than a thousand tons of gold, but their financial system still can't produce enough capital, far less than France and Germany.

Therefore, as a non-financial center, the more abundant gold reserves, the more stable the currency circulation and the stronger the economic strength. That's why the Germans are crazy about 200 tons of gold, because that would be equivalent to increasing their gold reserves by 50%, and under the gold standard, it means that they have more capital, they can print more marks, they can bail out more companies in a financial crisis, and it even means that their national power increases.

But the reason why the Germans are crazy is also the reason why the other wild wolves are red-eyed, when everyone sees Yang Chao with gold in his hand, they are not tempted, it is strange that this is an era when the law of the jungle is in vogue, and it is natural to do it if they are tempted.

So HSBC made the first move, and after they saw Yang Chao throwing out so much gold in Europe, they decided that Yang Chao could not have more gold in his hands, so they began to snipe Yang Zi Bank, wanting to swallow Yang Zi Bank in one go. (To be continued.) )