The local conflict war between China, Britain, France, and Russia ended, and in an incredible way with each other. In this war, the Chinese suffered more than 68,000 casualties, the British and French suffered more than 36,000 casualties, and more than 34,000 prisoners. But Russia was not the most miserable of the defeated three countries, but France.

In another time and space, it is precisely because Napoleon III constantly waged wars against foreign countries and won victories that the domestic contradictions were transferred, but in this time and space, France did not have such good luck, and their defeat in the Far East War directly ignited the powder keg of domestic contradictions. Although Napoleon III followed in the footsteps of Britain and ended the war with dignity, various forms of republican and workers' movements broke out in the country from 1862 onwards, of course, the bourgeoisie was the absolute leader in the French economy. They had money but no power, so the French bourgeoisie began a new round of change, while Napoleon III was too busy suppressing these movements everywhere to launch any kind of invasion.

Britain is different, they have the title of the world's factory, while China in the Far East has a development plan, and after the war, China began to exert its strength, spending huge sums of money to start various domestic construction. Britain was an important country that supplied China with various supplies, and they were busy doing business with China, and the development of the American Civil War further attracted Britain's attention, so Britain's expansion into the Far East also stalled.

The two-headed eagles, who had been cut off from Asia, did not have a good time, although they lost much of their territory east of Siberia and their plans for Central Asian expansion failed. But they are still the largest country in Europe by land area. Russia, under the leadership of Alexander II, began to focus on reform and development at home, while also dealing with the challenges of the Ottomans and other states, so Russia temporarily abandoned the invasion in the Far East.

As Xiao Yungui said before, this war must fight for more than ten years of peace for the country, and then it can concentrate on domestic development, even if it is all broken and rebuilt. It's also cost-effective. Therefore, the impact of the war was far-reaching, and it brought a golden period of development to the young Chinese Taiping Heavenly Kingdom in the Far East.

Domestic development is inseparable from foreign technology and materials, although previously in the Jiangsu and Zhejiang regions, the Taiping Heavenly Kingdom developed some industry and commerce, but these factories, enterprises have a very thin foundation, as of the end of the war, there are only three new technology steel plants in China, namely Shanghai Iron and Steel Plant, Ningbo Iron and Steel Plant, Hanyang Iron and Steel Plant. The three steel mills produce only a measly half a million tonnes of steel a year. This is indeed miserable compared to the figure of tens of millions of tons of steel produced by Shanghai Baosteel only in later generations. This amount of steel is only enough to meet the domestic demand for weapons production in wartime, but cannot meet the domestic construction steel. In particular, the construction of several large railways, which are even more big eaters of steel, and there are many factories, ships and other machine production plants waiting to be expanded, which also have a great demand for steel.

Although there is no shortage of iron ore in China, the traffic in many places is miserable, and if you want to open a mine, you must first build roads and improve the logistics environment. At the same time, the construction of a large number of steel plants also required a lot of machinery and materials. Therefore, in the early stage of the development of the domestic industry is a long stage. It is destined to need to import a large amount of steel and other materials from abroad to meet the needs of domestic construction.

The current Britain will not be too restrictive on China's development, even when the United States imperialists blockaded New China in later generations, China still obtained a lot of trade materials from Britain through Hong Kong. Moreover, what the British Empire needs more now is a global trade market, rather than the global hegemony of the US imperialists, and it is in the interests of Britain to trade with China on a larger scale, which is precisely the purpose of their Far Eastern War.

Thereupon. At the same time as the war ended, Xiao Yungui instructed the Ministry of Foreign Affairs to quickly conclude a series of foreign trade agreements with Britain in accordance with the "National Ten-Year Development Regulations" formulated by the cabinet to ensure the future development of the country.

As for the issue of funding, it was also effectively resolved, after the end of the war. A lot of money will go back in the direction of construction. In addition to the war against the Three Kingdoms, the battlefields of the country are still marching into places that have not been occupied, and they are still purging the bandit forces in various places, and the cost is very huge, and the military expenditure spent on the transfer of the Yidian Department to Xinjiang alone is as high as more than 10 million taels.

It can also be regarded as Xiao Yungui's operation in Jiangsu and Zhejiang for many years, with prosperous industry and commerce, relatively stable taxation, and at the same time, after the Taiping Heavenly Kingdom entered and occupied Beijing, the assets of the Manchu nobles and high-ranking officials also obtained a huge amount of money. After the Great Xinhai Revolution in later generations, Yuan Shikai's protective policy towards the Manchu aristocracy and high-ranking officials led to the preservation of the huge assets of these classes who held a large amount of social wealth. It must be known that these Manchu nobles and high-ranking officials, which one of them is not after more than 200 years of wealth accumulation, the wealth absorbed is not a little bit, "three years of Qing prefect, 100,000 snowflakes of silver" The sentence is not half an exaggeration, just a prefect can loot so much wealth, and how much wealth can be mastered by the nobles at a higher level of real power can be imagined.

In the time and space of Xiao Yungui's success, the Taiping Heavenly Kingdom carried out a large-scale purge of the wealth of the Manchu nobles, except for a part of it shared with the commoners and other civilians of all ethnic groups, there was still a large amount of wealth, among which the value of gold and silver alone was as high as hundreds of millions of taels.

China has never lacked wealth, what the Manchus lacked was only the measures to transform this capital into national strength, don't you see the so-called Tongzhi Zhongxing period, the Westernists easily concocted a fleet that was the first in Asia and the sixth in the world? And this is despite the fact that the Navy's military spending has been repeatedly cut. If half of China's assets and wealth could be converted into national strength, then China would have unleashed terrible energy. So, Xiao Yungui, who now controls almost half of China's wealth, began to do this.

The first is to prepare for the nationalization of gold and silver in the wealth as reserves, and the establishment of a state-owned bank to issue paper money. In the past, the Taiping army has always used the silver dollar, that is because the reserve required for the issuance of paper money is insufficient, once the gold and silver on the market are collected, it will affect the currency circulating in the market, and the country has not been unified at that time, and does not have this condition, and now the country is basically unified, the end of foreign wars, a large number of assets and wealth are concentrated, and all the conditions have been met.

The second is to establish its own foreign exchange system, since 1821 when Britain established the gold standard system of the monetary system, the currency is equivalent to gold, and the Taiping Heavenly Kingdom has also taken the step of issuing currency, and has also begun to implement the gold standard system, so that a fixed exchange rate can be formed.

The third is to absorb private capital and state capital for joint construction. In addition to the stable reform of the financial and monetary system, a large amount of the country's wealth needs to be spent on education, the army, and other aspects, and the absorption of private capital is mainly used for the construction of railways and other places. In particular, in the construction of railways, in the 10-year development plan, it is planned to account for 80 percent of the total investment, after a large number of railways are built, the state has the ownership of the railways, and private investors have the right to operate the railways for 50 years, the construction of railways will greatly improve the domestic logistics environment, reduce the cost of commodities in the logistics links, and stimulate the development of commerce and trade.

At that time, half of China's wealth was concentrated in the people, such as Jiangsu and Zhejiang merchants, Shanxi Jin merchants as the representative of the feudal merchants mastered most of the private wealth, Xiao Yungui also needed to guide these feudal merchants to capital merchants through this means, so as to end the country's feudal stubborn forces for the thirst for land, so as to further disintegrate the domestic feudal system, and finally achieve the transformation of an agricultural feudal country into a capital industrial country.

At the same time, the domestic policy of commerce, industry, and commerce was further opened up and poured out, the tariff on gold that had been practiced by the Manchu Qing Dynasty for many years was abolished, and many large-scale commercial and trade markets were established in all parts of the country, and the state ensured tax collection by imposing a unified commercial tax on the commodities produced by the factories, and a unified distribution market for grain and agricultural products was established in the rural markets in various localities, and a unified commercial tax was also levied on the agricultural products traded. The unification of commercial tax will be converted into a tax on commercial products, which further reduces the cost of commodity circulation.

Since the end of the war in 1862, China has embarked on a decade-long development and construction and major domestic reforms, making full use and conversion of domestic wealth and capital, developing domestic industry and commerce, adjusting agricultural production methods, popularizing the domestic education system, and actively improving people's livelihood. And Xiao Yungui and his wife are busy with domestic affairs all day long, although they have the share of the cabinet, they still need to control the country's major policies.

During the American Civil War, China also began to increase its influence on the American Civil War, obtaining a large amount of money from the American Southern government through trade control and arms exports, and at the same time, due to the intervention of China and Britain, the American Civil War was greatly extended.

China has made great achievements through several years of development, and the time came to one day in July 1865, on which day Xiao Yungui received a delegation from Japan in Beijing, they were sent by the Japanese shogunate to negotiate cooperation with China, in fact, Japan's shogunate movement began to develop to the point of armed conflict, and the Japanese shogunate could not hold on and came to China for help...... (To be continued......)