Chapter 0669 Domestic Situation (6)
After World War II, Japan's economy recovered rapidly. In 54 years, its economic indicators exceeded the pre-war level. In order to further develop and access resources, opening up overseas markets is key.
East Asia, with its large population but backward industry, became the primary dumping ground for Japanese goods. However, the countries in Southeast Asia are really poor, the political situation is chaotic, and they do not want to forge ahead.
The southern rod was poorer than the northern rod for a long time, and it only began to develop in the seventies. On the contrary, the flower planters who are engaged in socialist construction have a thriving economy and a vast market.
This is also an important internal factor for the normalization of diplomatic relations between China and Japan in 72 years. After that, ideology ceased to be an obstacle to the development of relations between the two countries. Even if the politics are sometimes cold, the economy has always maintained steady development.
However, it is obviously not enough to rely on the accumulation of funds by the flower growers themselves to meet the sales needs of Japan. Therefore, since 79, Japan has promoted yen loans to China.
Use Japanese money to buy Japanese equipment, and pay off debts after making money from the products produced.
Compared with loans from the World Bank and the International Monetary Fund, yen loans do not have many political demands and do not have harsh strings attached.
These loans are relatively simple, with low interest rates and long cycles, which can be regarded as a win-win situation with a relatively good conscience.
Japan promoted its products, gained markets, and promoted the development of its own economy. Domestically, capital and technology were obtained at a lower cost, and socialist construction was accelerated.
A total of 3.2 trillion yen, or about $30 billion, was disbursed for these loans. By '07, this low-interest loan was discontinued. We don't need it anymore.
In the past 20 years, large-scale projects in China have basically had the shadow of yen loans. A large number of Japanese construction machinery poured in, appearing on domestic construction sites.
There are many countries that take loans in yen, and Southeast Asia has a share of the waste wood. But what can really develop is still the flower grower who has always been self-reliant - so money is important, but hard work is even more important.
In contrast to government yen loans, Japanese commercial banks are also looking to find good partners. But before the 90s, there was no private economy in the country at all, and there was no target for loans if you wanted to.
When 'Shengguang Entertainment' sold comic books on HK, 'Sumitomo Mitsui' was keenly aware of the breakthrough significance. 'Shengguang' is a private group with a mainland background, and it has developed rapidly and has abundant cash flow.
As for the question of whether selling comic books is 'eco-friendly' or not, it's not a big deal at all. As long as you make money, what about smuggling into Japan on small fish boats? That's what you're capable of.
Watanabe was a bit selfish when he pushed for third-party audits. He went back to Japan several times to recruit people, and saw that his domestic enterprises were struggling to operate, and his unemployment had skyrocketed.
At this time, the Bank of Japan was desperately tightening monetary policy, causing Japanese companies to lose a lot of blood - this kind of mentally retarded approach is also a breakthrough in imagination.
But banks need to do financial business, and if they don't take out loans, won't they sit on empty seats? You can't give birth to a baby if you lose your money in the vault, so you have to lend it out.
Yuo Watanabe had contact with Sumitomo Mitsui in Japan and recommended the Holy Light. However, the Bank of Japan is not a philanthropist, and it must know how much assets the Holy Light has.
Watanabe went around in circles and pressed for a third-party audit — something he knew would never be possible if he had to let the Bank of Japan do it.
The results of the audit are very encouraging, the 'Holy Light' group is not a cash cow at all, it is a money printing machine, and every minute and every second is generating excess profits.
Watanabe brought in more than 200 Japanese employees, and the participation of these people also gave 'Sumitomo Mitsui' great confidence that 'Holy Light' was not xenophobic, and there was no obstacle to accepting foreign ideas and management.
It also has no qualms about making its finances public.
An audit of the 'Holy Light' even reveals the group's ambitions. It has laid out information networks and sales networks throughout the country, and has even extended its hand abroad.
The transport planes leased by the 'Holy Light' transport 3,000 tons of cargo are transported back and forth every day, and the railway freighters travel day and night. The light and heavy industrial products of both parties are selling very well, and almost zero inventory has been achieved.
Watanabe had long been thinking about how to propose to Zhou Qingfeng to accept a loan from a Japanese commercial bank, and this time the president actually took the initiative to invite - a God-given opportunity, Tianyang's bank actually hesitated to .......
No, they're here to grab food.
Current domestic banks are not as flexible as foreign banks, and they have to see the actual collateral before they can lend. But gold is a real collateral, at most the mortgage amount is high.
The situation was reported directly to the imperial capital. When the imperial capital heard that there were thirty tons of gold, he agreed without hesitation.
Although from the current price of gold, thirty tons of gold is not worth 10 billion soft sister coins. But this relates to the architecture of the financial system.
Currency is inherently overissued. Because soft sister coins can be printed, but gold cannot.
Here is another sentence to repeat like a scripture - there is an extreme shortage of hard currency in the country. Foreign exchange reserves in '92 were less than $20 billion, lower than in '91.
By 94, the country could not bear it, and the exchange rate of the soft sister currency against the US dollar plummeted from 1 to 5 to 1 to 8.00 points. It was really a ......, at least better than Da Mao and Japan in the same period.
Zhou Qingfeng is only a mortgage, but the domestic central bank can't wait for him to break the contract and can't pay it back. The collateral was confiscated.
In this context, both domestic and foreign sides are rushing to give loans to the 'Holy Light'. The two sides offered various preferential conditions, hoping to get this breakthrough business done.
Zhou Qingfeng originally only wanted a loan, but he didn't expect two groups of collaborators to come.
The annual interest rate of the Japanese loan is 4 percent, 30 billion yen, which is equivalent to more than 7 billion soft sister coins. Loan for 20 years, allowing interest only for the first five years and principal for later repayment.
The advantage is that it is collateral-free, but the disadvantage is that this loan is not directly given money, but is used to purchase Japanese products on behalf of others. The use of purchased products must be supervised by the Japanese side to avoid being resold.
In China, due to inflation, the interest rate is 10 percent, but the loan amount can be increased to 12 billion soft sister coins, which must be collateralized with 30 tons of gold, and must be used for the infrastructure construction of Tianyang.
Children make choices, and I want two loans.
Zhou Qingfeng stayed in Moscow and did not move, and he sent Erin as a representative to return to Tianyang and take out the gold stored in the basement of the headquarters for a loan.
Tianyang is located in the south and has abundant precipitation. It is surrounded by mountainous areas, and the conditions for building small hydropower are very superior. For Tianyang to develop, the power supply must keep up.
Of course, photovoltaic investment power stations are not insured, but should be invested in connecting with the surrounding power grid. Only when the two match each other can they be more effective.
With the hydropower station, it can not only flood control power generation, but also promote agricultural irrigation, and facilitate agricultural investment in the Tianyang area. It's a good thing.
Within 30 years, the population of the Tianyang area will exceed 10 million. The power grid that covers the area will be a cash cow, and the energy will continue to generate profits.
In order to avoid depreciation, it is necessary to spend the loan as soon as possible.
Zhou Qingfeng's ambitions have been dramatically amplified. He wanted to use the money to build roads, houses, schools, hospitals, water conservancy and power stations, power grids, telecommunications, and the Tianyang Aircraft Factory.
As for the Japanese side's 30 billion yen?
Zhou Qingfeng asked Watanabe to make a special trip, "Go and ask, what can be sold in Japan's domestic semiconductor industry?" ”
(My official account 'Tongyu Daoren' has been restored.) Today, I will share some real dry goods - how does the official account make money?
It's not an advertisement, it's a way to dig out your heart and lungs. )