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Text Chapter 366 Return after 20 years

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    After Vice President Yang went downstairs with his first hand, he met Xu Xiujun who was chatting with Cai Gongshi. In just more than half a year, this economist who had a bumpy first half of his life seemed to have a second spring. He not only actively prepared for the issuance of public bonds, but also  He changed the conservatism of his predecessor Shen Shukai and implemented a more active monetary policy. He used small-scale over-issuance and other methods to withdraw about 50 tons of gold and 1,000 tons of silver from the market, and gradually reversed the method of issuing banknotes purely based on US dollar foreign exchange reserves.

    His goal is to withdraw 200 tons of gold and 3,000 tons of silver from the market in paper currency within ten years, so that national reserves similar to those in Europe and the United States can be initially established.

    "Vice President, these are the public debt issuance regulations."

    As soon as Cai Gongshi made tea, Xu Xiujun couldn't wait to come up with the public bond issuance plan. When Yang Qiu opened it, he found that the issuance number had been changed to 150 million. Cai Gongshi was surprised when he saw it and asked: "Brother Zihong? Why has it increased?  With so many, aren¡¯t you afraid that you won¡¯t be able to sell them?¡±

    Xu Xiujun was full of confidence: "Don't worry, Huchen, I have asked people to conduct trial fundraising in advance during this period. Currently, 30% of the reservations are made by major firms alone, including several larger foreign banks, and Nanyang also has  The feedback has been positive, and many overseas Chinese businessmen said they would buy it immediately as soon as it is released, saying they would subscribe for at least 30 million, so I have considered this number again and again. Originally, according to everyone's ideas, at least 200 million should be issued to satisfy the market."

    In fact, Yang Qiu no longer cares about the amount of issuance. As long as the market can absorb more, he dares to bear it. However, in order to reduce the market burden, when returning the document to him, he still reminded: "One bite will not make you fat. Taking away too much funds from the market will affect the market."  With the current economic development, if the results are good this time, don¡¯t issue the second batch immediately, wait two to three years before issuing.¡±

    After Xu Xiujun agreed, he changed the subject and asked: "By the way, how are you going to use this money?"

    The 150 million collected at once is indeed a huge number, but compared with the plans proposed by several major government departments, it is very small. Therefore, the Ministry of Finance feels that it should learn from the economic stimulus effect of the construction of the Southwest Railway Trunk Road.  It took the lead in building the important Longhai Line and Beijing-Zhangjiakou Line to extend to Baotou. Of course, some people think that we should take advantage of the fierce war with the United States to introduce more factories and equipment. Zhang Jizhi believes that farmland water conservancy is the foundation of the country and should be strengthened.  In terms of construction, Zhang Taiyan and Cai Yuanpei, who didn't have much to do with it, also came to join in the fun.  Said that at least 10% should be allocated to the Ministry of Education.

    Obviously, this money has become a big fat in the eyes of various departments, and everyone wants to take a bite. So when Yang Qiu asked this question, Xu Xiujun also smiled bitterly and said: "I'll be honest with you, Vice President. I actually want to hear your opinion when I come here today."  Opinion, now Xiujun doesn¡¯t even dare to go back home.¡±

    His bitter face made Yang Qiu chuckle, and suddenly said: "If I want you to reduce the amount by 30% in the name of the Ministry of National Defense, what will you do?"

    ah?

    I also wanted to hear how Yang Qiu arranged the money. Unexpectedly, he actually asked for a reduction of 30%. Originally, the money was not enough to fully build two railways. Now that he has to reduce the amount by 30%, wouldn't it be even less?  Cai Gongshi was surprised. The US$100 million loan had just been received, and the previous orders were enough for the country to digest for two or three years. Moreover, he already knew that Yang Qiu had received a huge sum of US$25 million from selling technology, so it was strange that he still wanted to deduct money:  "The Vice President thinks something big is going to happen?"

    Yang Qiu tapped his fingers on the table.  I was thinking about what to say to the two of them.

    The European War is about to start in 8 months. The ambitions of people like Youpeng Yishan will never miss the opportunity. As long as they win Qingdao and gain a foothold in Japan, it will be equivalent to standing on the mainland with two feet.  Therefore, this battle must be fought, unless you want to see Qingdao swallowed up by Japan.  But he couldn't predict to what extent or how big the scale would be.  Judging from Japan¡¯s current economic and mobilization capabilities.  It is possible to invest 6 divisions in Northeast China and Shandong at the same time. If we fight at this scale for a year, even fighting on the mainland will cost at least 300 to 500 million in military expenditures.  His plan is to follow the route of the south developing the war in the north, and use the south to export resources and goods to Europe to subsidize the northern battlefield. This is also the reason why he is eager to unify the country. Compared with Japan, which needs to do its best, he does not have such strict restrictions.  .

    ¡°But he was not sure whether Britain would intervene or whether the Japanese navy would go south across the Taiwan Strait to break the restrictions.  And even without the support of Britain and France, it will not be easy to win this battle. The most likely outcome is that both sides will suffer losses and then see who can recover faster. In fact, his goal is to draw Japan. After all, as long as the United Fleet cannot be defeated in one day, Japan will not  Really throw in the towel.  Therefore, we must prepare as much as possible. A lose-lose situation requires financial and national support. At present, except for the navy, China and Japan are actually similar in other aspects. It is a matter of who can survive to the end.

    After sorting out his thoughts, Yang Qiucai said: "Hu Chen is right. A major event will indeed happen this year. You will know how big it will be by then, but II can tell you that the next five years will be the most important period for our country. If we handle it well, we will become a major country in the world. If we handle it poorly we will never have the chance again.  "

    Xu Xiujun and Cai Gongshi looked at each other and noticed the surprise and confusion in each other's eyes. However, Yang Qiu himself was also vague, so he had to suppress his doubts and said: "It's not impossible to reduce 30%. Railway projects are long-term projects.  Mr. Cheng estimates that the extension of the Beijing-Zhangjiakou Line to Baotou will take at least two years even if construction starts now. As for the western section of the Longhai Line, it will take at least four years, and the entire line will be completed in at least seven years. Investment can be made in batches. In terms of industry, we can only digest the current orders.  Just at least two years.¡±

    "Then keep it." Yang Qiu didn't explain. In fact, he didn't know how to explain it. Even Europe couldn't accurately predict the time when the war would break out. If he said it now, it would only make everyone more suspicious. He immediately changed the topic and asked  : "By the way, how many yen do you have on hand now?"

    "Not a lot, probably only 7 million."

    "Exchange them all immediately." Without waiting for the two people to reply, Yang Qiu continued to ask: "One more thing, if I list three companies in Chongqing, Hubei and Jiangnan, does Zihong think it is feasible?"

    Let the three largest private industrial companies in the country go public?  !

    Xu Xiujun even forgot about exchanging Japanese yen, and her breathing suddenly became rapid. Now the whole country knew that Yang Qiu had six companies under his name, Hubei Industrial Group, Chongqing Industrial Group, Jiangnan Shipyard, Yangtze River Transportation Company, Huachen Petroleum  Technology companies and Guangxi Rubber Company, except for Huachen and rubber companies that cannot be expected to reach scale due to their growth and construction cycle of less than ten years, the rest are all big money-drawers. Not to mention Hubei and Chongqing, the National Defense Force currently supplies all domestic equipment.  business, and Shanghai Jiangnan's professional shipbuilding industry also has a second spring.  Last year alone, it received orders of more than 40,000 tons. The order tonnage has surpassed the original British Yangzijiang Shipyard and climbed to the first place in the country.

    The Shanghai Stock Exchange has been lifeless after experiencing the rubber craze a few years ago. If these three high-quality assets are injected, I am afraid it will immediately attract countless eyes and re-gather market sentiment.  It's just that these companies are not short of money at the moment, and they don't need to expand for the time being. There is no need to continue financing. Why choose to go public?  Thinking of what he said just now about something big happening.  Xu Xiujun felt something indescribable in his heart. He didn't even think about it after walking out of the door. He asked Mr. Cai, who was going to the government with him to do business, "Hu Chen, is the Vice President particularly short of money during this period?"

    Cai Gongshi was not as financially sensitive as his old friend, and shook his head: "Impossible. Huachen Petroleum signed a technical agreement with the United States some time ago, and received 25 million US dollars and raw materials worth 3 million. The money you gave to the third factory will be returned in advance.  After the loan, I actually still have 5 million in my hand. How can I be short of money?"

    Xu Xiujun continued to ask: "I didn't mention him personally, I meant is there any big plan recently that hasn't been announced yet?"

    It is said that the only big plan is to build ships for the Navy, but Xu Xiujun still felt something was wrong after Cai Gongshi said it. The cost of building 16 warships for the Navy is indeed very expensive, but it is nothing to implement if it is divided into five years. If the three companies are listed according to the plan, at least it will be  If we can raise 50 million funds and get the money back through the issuance of special public bonds, there will be no problem in building a few more ships.

    Is there going to be a war?  Thinking of what I just said to let myself exchange all the yen.  Xu Xiujun's eyebrows suddenly jumped.  After Yang Qiu repaid the loan from the Central Bank to the Third Factory in advance, he and the Ministry of Finance still had a balance of 39 million U.S. dollars, and the reserve issuance of RMB was 78 million yuan.  If he puts down another 50 million, it will exceed 100 million!

    The only big thing that needs 100 million to back it up is war, and neither Britain nor France can do it.  Russia doesn't matter for the time being, so only Japan is left!  Although everyone knows that China and Japan are incompatible, is it too risky to fight now?

    Just when Xu Xiujun and Cai Gongshi began to worry that the war would destroy the current good economic development momentum, and wondered whether they should persuade Yang Qiu not to start a war rashly, Changbai in the middle reaches of the Yalu River welcomed guests from the north.

    Under the temporary camouflage uniform made from white sheets, there was a pair of vigilant eyes. He had been training for a month after switching to the Type 38 rifle, but Hao Wenbao was still not used to it. In addition to being too long and inconvenient to move, the feel was not as good as the standard Type 12 rifle.  It's so smooth, and the short round-head cable puller often slips in the winter.  But he had no choice. In order not to expose the hunter's background, all the weapons used this time were Japanese and Russian standard weapons. Not only were submachine guns and grenade launchers not allowed to be carried, but even the weapons in the machine gunner's hands were replaced with the earliest weapons.  For the 7.92mm Madsen light machine gun purchased from Russia, he doubted whether he could still get such bullets after going to North Korea.

    Although wearing thick ear-covering cotton hats and gloves, Hao Wenbao and everyone still felt cold, especially when they stopped and their breaths would quickly turn into ice mist. However, this pure white sight was not enough for the camouflaged hunter squadron.  It's a rare opportunity becauseJapanese soldiers seldom patrol in this kind of horrible weather, so this is the best opportunity to cross the Yalu River.

    After 20 years, Chinese people will once again set foot on the peninsula!  What will be the outcome?  Is it glory or new scars?

    Hao Wenbao took a deep breath, tightened the sled under his feet, and was the first to rush towards the ice of the Yalu River. From a distance, he looked like a frightened snow fox running at high speed. In a few minutes, he crossed the river and embarked on the journey to North Korea.  land.

    When he got into the dense forest and turned around to look, the majestic and beautiful mountains and rivers of the motherland had been left behind.

    One day later, when the encrypted telegram was transferred from Fengtian to Yang Qiu, the top-secret peninsula plan was officially launched. The height that hunters can reach on the peninsula in the next few months will largely determine the outcome of the Northeast War

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