The presidential system of the Russian Federation was established after a referendum on March 17, 1991. Yeltsin easily defeated Ryzhkov of the Russian Communist Party with 57% of the votes, but correspondingly, he owed a huge debt. Everyone on Earth knew how expensive elections were!
Now, whether it is Yeltsin's government or Yeltsin himself, they all need money. If one must describe it, one word is "poor", two words are "poor", and three words are "really poor"!
On the other hand, although the Soviet Union had been destroyed by Yeltsin, there are still opposition parties in the Supreme Soviet. They are always opposing Yeltsin and the Russian People's Congress, the country's highest legislative body, which is led by Yeltsin. They are in sharp opposition on a series of major issues, forming a "dual regime".
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In short, Russia is in chaos. If Yeltsin wants to stabilize the country, he cannot do so without money.
There are only a few ways to make money. The first way is to sell companies, oil, and natural gas resources. Of course, this business is in full swing, and oligarchs like Berezovsky and Khodorkovsky are benefiting from it.
These oligarchs started their businesses after Gorbachev came to power in 1980, and their first pot of gold came from all sorts of sources.
They are interdependent with Yeltsin.
Yeltsin is short of money, and he wants to get a sum of money from the renovations of the Kremlin and other official residences. After he stepped down, a lot of people accused Yeltsin, his cronies, and his daughter of corruption, and most of them are related to these scandals.
But Putin is a good friend, and in return, he took care of Yeltsin and let him spend his remaining years in peace.
The second way to deal with the financial crisis is to issue new currencies and bonds. The speed of Ruble's depreciation is predictable.
The third way is to find ways to borrow foreign currency. After all, Ruble is becoming less and less valuable. The international community is not stupid, and no one will accept it. Their people's daily necessities must be imported! If they do not improve their people's needs, they will really rebel!
The West needs Yeltsin. After all, it is not easy to find an angel who can sell a factory with tens of thousands of workers for a few million USD. For the sake of their reputation, they will give Yeltsin some help, but it is just a cup of water on a burning cart of firewood.
Ambassador Liu said, "The news we received is that Yeltsin may visit the United States in June, and then go to France. In July, he will also attend the G7 Summit in Munich. Our estimate is that the Russian government's current monetary and fiscal policies will be difficult to maintain. "
"I guess it won't be long before he visits China, Japan, and Korea." Yeltsin was sure that he wouldn't be able to get much money from the West, so he would definitely look for help in Asia. Yeltsin naturally wanted to sell technology and equipment. Li He remembered that the Tianwan Nuclear Power Plant, which was jointly built by China and Russia, was reached at the end of 1992.
Ambassador Liu nodded with a smile. "Of course. The Yeltsin government has already contacted banks and large enterprises in many countries. Currently, there are only a few who have reached an agreement."
Li He smiled and asked, "Then, do you think we should lend you the money or not?"
Ambassador Liu, Yuan Ming, and the others looked at each other and said, "It's up to you whether to lend us the money or not. How can we make the decision for you?"
"I mean we should lend it together." Li He still wants to tie the government together and form a syndicated loan.
A syndicated loan refers to a loan or credit business provided by two or more banks, based on the same loan conditions and in accordance with the same loan agreement, to a borrower through an agent bank at an agreed time and proportion.
There are many benefits to forming a syndicated loan, such as diversifying the loan risk. The reason why Li He wants to form a syndicated loan is simple. If they form a syndicated loan, it will be more convenient for him to negotiate with Yeltsin now and collect debts in the future. After all, he is not fighting alone. If he is alone, he will not have any advantage in negotiations.
Liu Baoyong said. "The government is also in a difficult situation now, and we don't have extra money to lend to Russia."
"Is there any interest in setting up a new policy-oriented bank in China?"
Currently, there is no policy-oriented bank in China, and the policy-oriented businesses are mainly entrusted to the four major banks: Industry, Agriculture, Construction, and China.
China Development Bank, Agricultural Development Bank, and Export-Import Bank are still nowhere to be seen. As for CICC, Central Huijin, and China Investment Corporation, they are still unknown.
Even ICBC, Bank of Communications, China Merchants Bank, and other commercial banks were built in the 1980s.
Li He added. "It is up to you all to decide if it is a joint venture or a sole proprietorship. If it is a joint venture, I will provide the capital. If you all want a sole proprietorship, I will lend you the capital with our current joint venture shares as collateral."
Feng Yu had this idea based on CICC. As China's first joint venture investment bank, its second largest shareholder is Morgan Stanley.
Liu Baoyong paused for a second and said. "You are very ambitious!"
Although he does not know about finance and finance, he knows that China's government lending to Russia and Li He lending to Russia are completely different concepts!
Li He laughed. "Don't think I don't read China's newspapers. Didn't Deng Xiaoping just visit the South? He said that we must be more daring in our reforms and seize the opportunity to develop ourselves. The key is to develop the economy. Development is the most important thing! "
Ambassador Liu said. "I will help you report to them, and I will inform you as soon as possible. You can go ahead with the negotiations!"
Ambassador Liu said calmly, but he was excited in his heart. If China's government loans to Russia, it will be a breakthrough in diplomacy.
"Then I will inform you all." Li He saw that they can't wait to leave and shook hands with them one by one.
Feng Yu is still a little proud. This is a good plan.
At noon, Li He refused to eat porridge. He cannot eat without meat! No one is more stubborn than him.
Ding Shiping could not take it anymore and borrowed the hospital's kitchen to cook a pot of fragrant venison. In Russia, venison is not rare, and many markets provide it. Especially in the northern regions, where it is extremely cold, there is a tradition of reindeer. Many people eat venison, and some even eat it raw.
Of course, venison is not the only game in Russia. It includes bear pancakes, elk steak, roasted venison, wild boar, etc. It is all thanks to Russia's vast territory that these things are not lacking. In these two years, Li He did not treat his mouth badly.
Bafra stood at the door of the ward, looking like she wanted to enter but did not dare to. Seeing this, Li He smiled. "Come in. Have you eaten lunch?"
Bafra nodded. "Yes. Your wound has healed? "
"Almost done." Li He pointed to the chair beside the bed and said, "You can sit there. Have you packed your things?"
"I only brought a few clothes. It should be fine." She only carried a small bag in her hand.
Li He said, "If you go to America, I will give you 200,000 USD."
"Thank you." Bafra did not refuse. Joy was already written on her face. She had already seen Li He's generosity and strength. She saved this person, so this person's life is naturally worth 200,000 USD!
Li He changed the topic and said, "But you have to know that this amount of money is not a lot, but it is not a small amount either. How long can you stay in America? I don't have any property in America, so I can't help you much. I will give you another choice. I have a peat mine in Belarus, which is your hometown. If you are willing to go there, I will let you manage the peat mine. Also, in the future, your hometown, Mr. Ivanov, will also be there. He will provide you with any help. "
Belarus is lacking in oil and natural gas resources, but because there are more swamps, there are rich peat coal resources, which can be said to be almost everywhere.
This is a natural product of swamps formed over thousands of years. It is coal with the lowest degree of carbonization and is also the most primitive state of coal. It is not only a cultivation substrate, but also a good soil conditioner. It also contains high organic matter, humic acid, and nutrients.
He did not care about this peat mine at first, because he had bought this resource from a machinery parts factory, and this factory had already been emptied by him.
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