The signing of the "Memorandum of Understanding on the Sino-Japanese Conflict" represents the end of the conflict between China and Japan. Once the Japanese government has paid the first instalment of compensation, the Chinese navy will withdraw from Japan's coastal waters and lift the blockade of Japan.

The "Memorandum" stipulates that, first, Japan admits to provoking China, assumes all responsibility, and guarantees that similar incidents will not occur in the future. Second, Japan will pay 500 million pounds in compensation to China, the first of which will be 200 million pounds to be paid within two months of the signing of the Memorandum, and the remaining 300 million pounds will be divided into 10 years, with an annual payment of 30 million pounds, during which interest will be 2 percent. Thirdly, Japan transferred to China the hulls of the "Nagato-class" battleships and the "Kaga-class" battleships under construction. Among them, the hull of the 'Nagato-class' battleship has been largely completed and will be able to be handed over to China by the end of this year. The hulls of the Kaga-class battleships will be delivered by the end of next year.

The conflict between China and Japan was eventually resolved peacefully, which made the war that was about to break out invisible. However, Japan paid a heavy price for this war. In order to raise the first instalment of compensation, the Japanese government raised a butcher's knife against the chaebols. The chaebols who are willing to give their property to the government are fine, but they have lost some of their wealth. And those chaebols who chose to resist were directly accused of collaborating with the enemy and confiscated their family wealth. This makes it easy for the Japanese government to scrape together enough money to repay China's reparations, and even has a surplus that can be applied to other purposes. For example, rearmament.

In addition, the United States has fulfilled its promise by providing Japan with its first loan of $500 million, or about 100 million pounds. Of course, this is what Japan uses its tariffs as collateral. Grain, steel, and machinery from Japan. The influx of Japan made Japan quickly emerge from the shadow of defeat and re-armed and actively prepare for a decisive war with China in the future.

The Japanese also know that the Americans are clearly using Japan as a pawn and letting them contain China's development. For this. Although the United States paid some financial costs, the Japanese paid much more. Every time, many of their elites died in the war with China. This makes Japan's military strength weaker and weaker. Moreover, in doing so, the United States not only failed to contain China, but on the contrary, made China more and more powerful. Once China becomes truly strong, Japan will definitely be destroyed by China.

China, on the other hand, has paid a certain price in this Sino-Japanese conflict. But in the end, victory. So that China made a lot of money. Whether it is the compensation of 500 million pounds or the hulls of four battleships, China's strength will be greatly improved.

On the same day that the Memorandum of Understanding on the Sino-Japanese Conflict was signed, the Chinese Emperor Wu Haoxuan summoned the imperial military and political officials. The ministers congratulated Wu Haoxuan one after another to celebrate this victory.

"Ladies and gentlemen, the reason why the Empire was able to defeat the Japanese again in this conflict is inseparable from your efforts. On the front line, the officers and men of the Imperial Navy bravely killed the enemy. In the rear, the cabinet lords are strategizing. Everyone is indispensable. Although, we were not able to take advantage of this war. Destroy the United States in one fell swoop. However, Japan has once again been weakened by us. The empire, on the other hand, could grow stronger even more through reparations and other things extorted from Japan. When the empire is truly strong, it will be time for the empire to destroy Japan in one fell swoop. Wu Haoxuan said.

Indeed, it is a pity that Japan was not able to destroy in this war. But the empire extorted so much from Japan. Already a good result. Under this trade-off, the gap between the empire and Japan will widen. If Japan wants to catch up with and overtake the empire, or rather, if it wants to seek revenge on the empire, it will be impossible.

"Your Majesty, the reparations that the Reich received from Japan are fifty million pounds. How much can be done! The second five-year plan of the empire will be accelerated by this. Prime Minister Yang Du said with a smile on his face. After the first five-year plan, the empire had already completed its initial industrialization. By the time the Second Five-Year Plan was completed, the empire would become a true industrial power. Even in some cutting-edge technology fields, there may be some gaps with the Western world. However, the gap will not be too big. What's more, the empire can also take advantage of the current war to take advantage of the opportunity to obtain a lot of science and technology and talents that the empire has coveted for a long time, and truly realize the empire's catch-up.

"Your Majesty, the Second Five-Year Plan of the Empire deals with many more projects than the First. This compensation can be used just for it. Industry Minister Cen Chunxuan also said.

Ministers of the Imperial Cabinet, this is obviously to monopolize this indemnity! This suddenly made the important ministers of the military anxious.

"Your Majesty, the Imperial Army Janissaries have been training in the substitution of mules and horses with cars all these years. So far, good results have been achieved. The War Department planned to extend this from the Janissaries to other army groups to further improve the Imperial Army's mobile combat capability. War Minister Marshal Zhao Xifu said.

The Imperial Army began to replace mules and horses with trucks and automobiles on a large scale, which will further improve the mobility of the Imperial Army. Of course, equipping the whole army with cars also requires a lot of money. Originally, the Imperial Army had planned to complete improvements in this area within ten years. Now that the Empire has received such a large amount of compensation, if it can get a share of it, this time will undoubtedly be much shorter.

"Your Majesty, Japan will transfer two 'Nagato-class' battleships to us before the end of this year. When the time came, the Reich would outfit the hulls of these two battleships. The hulls of two Japanese 'Kaga-class' battleships will also be transferred to us next year. The Navy needs to shed some of its funds for the construction of warships. In addition, the Japanese Navy's battleships had many design flaws, and the Imperial Navy planned to rebuild a first-class battleship equipped with 410 mm guns. Navy Minister Sa Zhenbing also said.

In Marshal Sa Zhenbing's view, this compensation is clearly earned by the navy, and even if it is to be spent, it is naturally the navy that should take the lion's share. The navy, however, planned to complete the construction of all four battleships of the Japanese class and then build another class itself. In this case, in the future, the Imperial Navy will have seven to nine battleships armed with 410 mm guns. When the time comes, the Imperial Navy will become a world-class navy that deserves to be.

Seeing that the cabinet ministers and the military giants all jumped out, Wu Haoxuan suddenly felt a little big.

"Your Majesty, the industrialization of the empire is a critical moment." Prime Minister Yang Du said.

"All right, everybody. It was undoubtedly a surprise to be able to receive a war reparation from Japan. According to the previous plan of the empire, even without this money, the empire's plans would have been carried out as scheduled. This money is only to speed up the various plans of the empire. Both the cabinet and the military want to be given access to the reparations. For the sake of everyone's harmony, in my opinion, this indemnity is half of the military and the cabinet. In the next 10 years, the reparations paid by Japan will also be distributed according to this principle. Wu Haoxuan said.

Half of a family, such a distribution method makes both the cabinet and the military more satisfied. Comparatively, a total of 500 million pounds, a family of 250 million pounds, is already able to do a lot of things.

The Cabinet will use the reparations to accelerate the industrialization and infrastructure of the empire. The military will also use this indemnity to further improve the development of the army, navy and air force of the empire. Of course, the current size of the Air Force is still too small to be compared with the Army and the Navy.

The next day, Emperor Wu Haoxuan summoned the Minister of the Navy, Marshal Sa Zhenbing, to discuss the next step in the development of the navy. At yesterday's meeting, Wu Haoxuan saw that the navy was ambitious and wanted to build a series of huge warships. Although, this helped to boost the strength of the Imperial Navy. However, it is not what Wu Haoxuan wants to see.

Now, battleships are still the mainstream of the Navy. And with this decisive battle between the Imperial Navy and the Japanese Navy, it was in full swing. However, Wu Haoxuan has already seen that the battleship is already going downhill. There is no need for the empire to invest too much money in this area. In the future, the empire needs a warship that can really play a decisive role in naval warfare, that is, the main aircraft carrier of the future.

"Lord Sa, the Japanese Navy has been crippled once again. It can be said that in the future, the Japanese Navy will not be able to threaten the Imperial Navy. So, for the next development of the Imperial Navy, does the Admiralty have a plan? Wu Haoxuan asked.

Marshal Sa Zhenbing's heart suddenly tightened, he heard what Wu Haoxuan meant, and it seemed that he was going to restrict the development of the navy. And this is not what the Navy wants to see.

"Your Majesty, although the Japanese have been beaten down. However, Japan is not without a threat! The Japanese Navy now also has one battlecruiser, the Hiei. In addition, Japan, with the support of European and American countries, will soon be able to re-arm. It won't be long before it can still pose a threat to the Empire. What's more, the enemy of the Imperial Navy is not only Japan, but also the United States on the other side of the ocean. Compared to Japan, the United States has a much stronger industrial power. If the empire wants to defeat the United States, it must further accelerate the development of its navy. Marshal Sa Zhenbing said. According to his meaning, the Imperial Navy not only cannot be restricted, but must be increased in investment. (To be continued.) )

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