Chapter 633: The Chinese Expeditionary Force

"Brother Baili, although China can also be called a strong country, it still has to exchange its life for benefits, and it is still a long way from being truly strong!"

"The president is right, but don't be presumptuous!" After all these years of exhaustion, Jiang Baili has seriously aged, both temples are snow-white hair, and age spots have also appeared. Although Qiao Yu tried his best to equip these old helpers with smart doctors to escort their health, the laws of nature were irreversible, and Jiang Baili was no longer the demeanor of the past.

Recently, Jiang Baili has handed over most of the work to the people below, and he is more of a retreat, but Jiang Baili's spirit is still very good, and his thinking is very quick.

"The strength of any country is not achieved by a handful, and it is destined to require a generation, or even several generations, to pay sacrifices. The process of industrialization is a battlefield without gunpowder, and only by gritting our teeth and surviving the most difficult juncture can we usher in the dawn of victory. China is currently at this juncture, in fact, the price paid by China is much lighter than that of other industrial countries in history, and this president alone is enough to go down in history! ”

Jiang Baili was not wrong at all, and the transformation from an agrarian society to an industrial society did have to go through a painful transformation. This is a painful process of nirvana, in an agrarian society, the peasants depend on the sky for food, and there is a distinction between busy and idle farmers every year, and in an industrial society, they need to go to work every day, which is a huge disparity.

Moreover, in the early days of any country, industrial products are synonymous with rough and inferior quality, imitation is far more than original, such products are not much competitive in the market, and they must rely on the strong protection of the country's political power.

Looking at all countries, except for the United Kingdom, the birthplace of the Industrial Revolution, other countries have taken such a path from low-end to high-end. Germany. United States. Japan and other countries are no different. Due to the poor quality of the products and backward industrial technology, it was not competitive in the international market at all, so it lost money in the early stage of industrialization. Constant state subsidies are needed.

Among the major industrial countries, there is no other way out, either by plundering abroad or by squeezing agriculture at home. In the development of China in later generations, foreign countries summed up the so-called Chinese model, but in fact, there is no Chinese model at all!

China has just walked the path that all industrialized countries have taken, without any speciality, cheap and inferior, and copycats everywhere, which is a common feature of all countries in the early stage of industrialization. The so-called summary of foreign scholars is nothing but self-deception, they have forgotten their own disgraceful page, and no powerful country has become strong from the beginning, and it has a bitter history. It's just that some grandchildren forget about it after they get rich.

In this time and space, China will also walk such a road. There is no way to get over, of course, with Qiao Yu's advanced guidance, China has paid less price.

"Brother Baili, our starting point is too low is also a reason, the people are not full, they are not warm, basically on the verge of bankruptcy, at this time it is tolerable to work in the factory for more than ten hours a day, as long as they can eat enough, the factory will never lack workers. It is precisely by relying on this spirit of sacrifice that China's industrial layout can be completed, and we owe this generation of Chinese! ”

"Suffering one generation and two generations is nothing, and if we don't cross this hurdle, we will continue to suffer." Jiang Baili asked again: "President, how should China take the road to becoming a strong country after the war?" Is it an all-out confrontation with the United States and the Soviet Union, or is it a three-point battle, or is it a mountain and a tiger fight? ”

What Jiang Baili asked is also the question that Qiao Yu has been thinking about, how can it be considered a strong country, territory, resources, and military are only one aspect of strength, and the most important thing is to have super industrial production capacity. Britain became a colonial empire on which the sun never set, relying on the earliest industrial revolution, and the United States ascended to the world hegemony also by relying on the huge industrial capacity accumulated during the two world wars.

If China wants to become the most powerful country in the world, the first thing it must do is to become the largest and strongest industrial country with the largest industrial clusters, and only in this way can China be pushed to the position of world hegemon.

"To become an industrial hegemon first, and then to become a world hegemon, China must adhere to the industrial line at all times, otherwise no one can afford to support a huge country like China!"

At present, the total population of the world is less than 2 billion, China has a population of 500 million, and it is still in a period of rapid growth, within 20 years the Chinese population will exceed 800 million, plus some areas in the South Seas, the total population will exceed one billion, which is definitely the most populous country in the world.

In order to make so many people live well, it is necessary to have a huge industrial capacity, and after the British became hegemonic, they slowly moved towards the road of de-industrialization, and began to rely on finance to make huge profits. Simply put, using a large navy to control the world's trade routes, collecting protection money from the world, and then stripping the colonies of a large number of them, the British lived comfortably.

In later generations, the United States followed the same line after it became hegemonic, becoming more and more dependent on the financial industry for profiteering. This kind of empire is a parasitic way of survival, a complete cancer of the world, and it is inevitable that they will weaken or even perish. In Qiao Yu's planning, China must adhere to the line of industrialization in the future, and only by taking out products and trading is the real reliable route, otherwise the world will not have so many people to support China.

It is precisely on the basis of this consideration that Qiao Yu is willing to join the world economic order dominated by the United States, and in fact, just a few days ago, representatives of the Chinese government signed the Bretton Woods agreement in Bretton Woods, recognizing the dominant power of the dollar in international trade.

This conference was regarded by Roosevelt as the greatest diplomatic victory of the United States, in fact, at the time of the Tehran Conference, Roosevelt and Churchill had a quarrel over the issue of international financial order, and the two sides did not give in to each other.

Churchill was absolutely unwilling to compromise easily, and he even asked China for help, hoping that the two countries would jointly resist the American plan.

However, after some consideration, Qiao Yu actually agreed to the request of the United States, so that Britain could not speak alone, and there was no capital to confront the United States, so it could only give up the hegemony of world finance, and the United States successfully seized the hegemony of world finance.

The so-called Bretton Woods system has several main points: First, the dollar is pegged to gold. The countries confirmed the official price of $35 per ounce set by the United States in January 1944, with a gold content of 0.888671 grams per dollar. Governments or central banks can exchange dollars for gold in the United States at official rates.

Second, other national currencies are pegged to the US dollar. The governments of other countries set the gold content of their currencies and determined the exchange rate with the US dollar in proportion to the gold content.

Third, an adjustable fixed exchange rate should be introduced. According to the regulations, the exchange rate of the currencies of various countries against the US dollar can only fluctuate within the range of 1% above and below the legal exchange rate. If the market exchange rate fluctuates by more than 1% of the legal exchange rate, governments are obliged to intervene in the foreign exchange market in order to maintain the stability of the exchange rate.

To this there is an additional element of settlement, which together constitute the so-called Bretton Woods system. Then, by mutual agreement, the International Monetary Fund (IMF) and the World Bank were established as two major international financial institutions, the former providing short-term loans to countries to balance their balances of payments, and the latter providing long-term loans to help countries achieve economic recovery.

The establishment of these two major international financial institutions is undoubtedly led by the United States, which occupies more than 17 percent of the International Monetary Fund, and according to the regulations, this share can veto any unfavorable proposition against the United States, which Roosevelt strongly advocates.

Qiao Yu naturally will not let the United States do whatever it wants, and China has also got a 14% share, although China is not yet able to veto all proposals, but as a country with the second largest share, as long as it unites with a developed country, it can easily veto some resolutions.

The same is true for the share of the World Bank, where China is the world's second-largest economy after the United States, ahead of the United Kingdom. Of course, in this system, it is the United States that occupies an absolutely dominant position and holds the world's financial hegemony.

After this system is established, it means that Americans can continue to print pieces of paper in exchange for goods from other countries, and other countries want to carry out international trade, they must first exchange their products for dollars, and then use dollars to buy and sell, in the process they have to send materials like the United States.

Of course, in principle, countries can also exchange their currencies for gold, but under the premise that the dollar is generally recognized by all countries, it may lose money if it is exchanged for gold, so the dollar has been praised by the dollar. Qiao Yu is too clear about this problem, this kind of US-led international trade has advantages and disadvantages, the advantage is that the original trade barriers between countries have disappeared, and the disadvantage is that the United States can exploit the world for nothing.

In order to prevent the fruits of its labor from turning into a pile of waste paper, China also privately signed a secret agreement with the United States, that is, China has the right to convert dollars into gold at any time, and on the one hand it is limited to one to two years, Roosevelt relied on the strong economic strength of the United States, believing that it would be difficult for China to get a surplus from the United States, so he agreed without hesitation.

On the issue of international trade, China cooperated with the United States, so that the Americans could smoothly grasp the global financial hegemony, and Roosevelt also wanted to repay the favor, and Roosevelt also wanted China to bear part of the sacrifice, so Roosevelt formally asked China to send a part of the elite troops to participate in the Normandy landing, and at the same time the United States also agreed to give China the right to occupy Germany.

Qiao Yu immediately agreed, and drew five divisions of elite strength from the troops that landed in Japan to form the Chinese Expeditionary Force, and then set off for the British Isles to receive adaptive training, and the curtain of the Normandy landing was finally opened. (To be continued.) )

PS: The book is in its final part, and I'm going to finish it right away. The new book is almost brewing.,Thank you very much for your support for this book full of loopholes.,Thank you again and again.,Everyone appreciates the subscription or something.,Let's start a new story happily.。