< img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=433806094867034&ev=PageView&noscript=1" />

Text:

Comment:

Chapter 403

Words:2548Update:22/06/20 06:58:44

Report

Translator: EndlessFantasy Translation Editor: EndlessFantasy Translation

If there's something to report, then there's nothing to report.

Chen Weizheng had not spent time with the officials of Shin Myung Province for more than a month. The children's summer vacation was coming to an end, and no one had organized for them to go out and have fun. As a king who had nothing to do, Chen Weizheng spent the entire morning thinking about where to go. In the end, he decided to go to Japan because he heard from the Emperor of Japan that the geological disasters in Japan were getting more and more serious. If they did not go and take a look, a major natural disaster would happen and Japan would be gone. By then, they would not be able to think about climbing Mount Fuji, shopping in Ginza Mall, eating Japanese cuisine, staying in Japanese cabins, soaking in Japanese hot springs …

Chen Weizheng was still thinking about it when a group of people started arguing. The topic of the debate was whether to use RMB or Shin Myung Province currency for the import of military batteries in China. Chen Weizheng threw this question to them, and he did not know what to do. The best way to deal with it was to let the talented people in the government think about it, and then he would think about where to go. Chen Weizheng suddenly realized that not all kings were the same as him. The one who was better than him was Ming Chengzu Zhu Di, and the one who was worse than him was Ming Xizong Zhu Youjiao. He once heard a story that Zhu Youjiao liked carpentry and wanted to become a top carpenter like Lu Ban. In order to achieve this goal, he sneaked out of the palace in search of Lu Ban's unique wood art, the "Book of Lu Ban". It was said that those who possessed this book were either immoral or stupid. In the worst case, they would lose an arm, a leg, or even their life. In short, if it wasn't their own bad luck, then it was their family that suffered. That was why this book was called "The Missing One". In the end, this brother did not lack one. Instead, he sent the Ming Dynasty into a precarious situation.

Chen Weizheng knew that the exchange rate between China and Shin Myung Province was 1: 1. However, the international financial experts all agreed that the exchange rate between China and Shin Myung Province should not be 1: 1. It should be 1: 1.2 or 1.4. The ratio of USD to RMB had always been 1: 6, but compared to Xinming currency, it was 1: 5, or even 1: 4. All businessmen knew that exchanging 10,000 USD for 60,000 RMB, and then 60,000 Xinming dollars could be exchanged back to 1.2 or even 1.4 million USD, and the Americans still thought it was a good deal. From 2022 onwards, the European Monetary Union would also start implementing the same ratio. Japanese and Taiwanese financiers had repeatedly reminded the Ministry of Finance of Shin Myung Province that there was no need to maintain the same currency ratio with China. This was not a matter of sentiment, but a matter of money.

The trade deficit between Shin Myung Province and China also reversed in 2022. Previously, a large number of China people worked in Shin Myung Province, and all of their earnings were brought back to China for consumption. Since Xinming currency and RMB were interchangeable, most of their earnings were brought back to China in the form of Xinming currency. A large number of daily products from the eastern coast of China also entered Shin Myung Province through trade. Xinming currency mainly flowed from Shin Myung Province to China. After the customs were closed in 2022, there were two types of workers. One type was permanent residents of Shin Myung Province, and the other type returned to their hometowns, and their earnings no longer flowed back to China. A large number of manufacturing enterprises from the eastern coast settled in Shin Myung Province, and the products from the eastern coast were no longer sold to Shin Myung Province. Therefore, in the first half of 2022, there was basically no flow of Xinming currency into China, and China still used RMB to buy a large number of batteries and military supplies from Shin Myung Province. In fact, whether it was in the market or in the country's trading account, China was already in a huge trade deficit, and it was not realistic to use RMB to pay.

Wu and Qiu Cha's group did not have much affection for China, and they believed that even brothers should settle accounts clearly. Maud Bundle, Wei Shangyuan, Wei Jie, Long Jinxing, and the others were different. They still believed that they were China people from the bottom of their hearts, and they always felt that Shin Myung Province was a part of China. At the beginning of the year, China's new government wanted to draw a clear line with Shin Myung Province, and clarify the relationship between the two countries. They felt very uncomfortable, and after about half a year, they finally accepted the reality that they were in Shin Myung Province, and it was indeed not a part of China. Strict border management did not mean that they were abandoned by China, but rather that China had the demeanor of a big country. There must be a way for countries to get along with each other, and while maintaining relationships may be useful for traditional countries, it was not very useful for a country ruled by a political party.

Both sides knew that if they used RMB to pay, China would be under less pressure, and Shin Myung Province would have to create new trade to use RMB back. Otherwise, a large amount of RMB would be overstocked in Shin Myung Province's finances, and it would not be of much use.

Listening to everyone's argument, Chen Weizheng said, "Everyone, think about it. What does China have that we don't? We can use RMB to buy it back, and that will solve the problem!"

Zheng Jianyi said, "We can increase the import of metal materials from the ferry. The railway from Rising Dragon City to Spring City has been completely refurbished, and from the ferry to Spring City, and then to Rising Dragon City, there is no need to change the carriage anymore. It is cheaper to import from the ferry than from Bangladesh, so we should be able to import in large quantities. Nanding Special Steel Factory's General Manager Wang Xian thinks that if we have enough raw materials, we can consider providing special steel to non-military production enterprises. The income from this should be very shocking. "

"We also need to increase the import of rare earth and aluminum ingots." Wang Hongtao said.

Maud Bundle concluded, "The Ministry of Commerce and Trade will contact China. With the total amount of RMB for military batteries, we will import the metal materials from China's ferry, rare earth from Daqingshan mine, and aluminum ingots from the Red River. If the price is right, we will make an equivalent exchange. If the price is too high, then the other party will use Xinming currency to pay for the batteries they import. Ren Sui, contact the Chinese side. From tomorrow onwards, we will temporarily not provide military batteries to China. After both sides have finished discussing, we will resume the supply of batteries. "

Qiu Cha was very satisfied with this result, and his face was full of joy. He was a truly selfless person. As long as he thought that something was good, he would be happy, and if it was not, he would be unhappy. Unlike Wu, he would always be smiling, no matter whether it was good or bad.

After the official business came to an end, the next step was to go to the palace for the buffet.

Japan's ambassador to Shin Myung Province had recently received a mission to arrange a 10-day tour of Japan. The requirements for the tour were very simple. The children wanted to play, the women wanted to shop, and the older children wanted to see the sights. Originally, he wanted to lead the tour, but the problem was that if he went, no one would be able to play. He could only let Principal Wang from Longshan First High School be the tour leader and form a summer vacation tour group.

Wu's youngest son was in the same class as Hua Zheng, but not the same age. He was seventeen this year, three years older than Hua Zheng. Compared to Hua Zheng, the children of the same age were a little older. He was the oldest minor in this tour group. Wu's family used the surname Wu, and his son was named Wu Jingzi, a famous name in China. Wu felt that it was a good idea to use the names of famous people, such as Liu Yu.

The rest of the tour group included Wu Ke's son, Wu Tisa's grandson, Shen Zhong's son, Yan Jun's daughter, Lu Xiaowei's son, Wang Ning, Zheng Tien-tien, Ruan Cheng, Ruan Zhen … In total, there were more than twenty children above the age of twelve, thirty children between the ages of five and twelve, and seventeen bored mothers. Principal Wang and his assistant, as well as the entourage from the Japanese embassy, there were nearly a hundred people. Shin Myung Province Airlines had booked a private jet for this tour.

The people of the old Wa Kingdom preferred to send their children to Europe to study. As for Japan, the old Wa Kingdom people did not like it very much. In terms of education, they were more inclined to talk about the brutality of Japan and some stories about World War II. Most importantly, some of Japan's current high-tech products had little to do with these countries. The two countries were not on the same path. Therefore. The children of the old Wa Kingdom were very curious about going to Japan. On the contrary, the children from China were more familiar with Japan. Although they only knew the words "Misi Misi" and "Kill Chicken" from the movies, it did not prevent them from using a lot of Japanese electronics, cartoons, and toys. In the past two years, the Dongfang Industrial Zone had brought a lot of Japanese products to Shin Myung Province. It was just that these Japanese companies had completely integrated into Shin Myung Province. As a result, some of the children used Japanese products but did not know anything about Japan.

On the plane, a group of bored mothers were looking forward to shopping in Ginza. The people of Shin Myung Province were not particularly rich now, but they were not particularly poor either. However, due to the influence of the royal family, they were more stingy and did not have the generosity of China's civil servants. Lu Xiaowei's wife, who was following along, said that it was not that he did not want to play tricks. The main reason was that Lu Xiaowei did not have enough money. It was not like China, where there were too many corruption channels. He had to be careful and use the money he had.

The civil servants of Shin Myung Province were treated well. Although they could not squander money like entrepreneurs, they could still provide for their families. In China, the civil servants were treated well too. The only mistake was that they were competing with others. As civil servants were the masters of the country, they started to think that they should be the best in all aspects. They started to think that they should be the best compared to the rest of the country. Even if they were compared to big entrepreneurs, they should still be better than them. When they started to compare, they realized that their economic income was not as good as big entrepreneurs. It was a serious problem. As the masters of the country, they could not let them be inferior to them. Therefore, they started to snatch food from the mouths of the tigers. They started to kill the enterprises to help themselves. They invented a lot of small tricks to make the enterprises pay for them. They turned the flood of development into a trickle, and one of them would eventually flow into their pockets.

The women on the plane were just chatting. In reality, there were two women who were troubled by this problem. These two women were He Bailing and Mo Yi. They represented the Xian Hua Group. This time, it was the Red River Provincial Technical Supervision Bureau that was looking for trouble with them. Their main target was the Five Elephant Battery Factory in the city.

You've already exceeded your reading limit for today. If you want to read more, please log in.


Login
Select text and click 'Report' to let us know about any bad translation.