Chapter 649 The First Step in Internationalization (Please Subscribe!)

This is also the reason why Alipay is so active in expanding its financial business, that is, they want to expand their banking business, and then be incorporated to obtain a banking license, not to obtain the so-called freedom.

Because they know this is impossible, and they want to go on safely in the future.

Can only be included this way.

therefore.

Don't look at Ma Yun's insistence that he wants to change the traditional bank.

What I really mean is not to fight against the bank, but to say: my model is the future, it is efficient, and it cannot be eliminated. license.

That's all.

This is Ma Yun's ultimate goal.

Get the same status as other banks.

command room.

"Tang Yi, now I want Bank of Myanmar to issue a credit card, what do I need to prepare?" Tang Qing has already decided to get involved in the credit card business.

Tang Yi said respectfully: "Returning to the commander-in-chief, no additional equipment is required, and credit cards can be issued at any time. The personal credit file of the Myanmar-Asia Special Economic Zone has been established, and the credit card creation is completed in the 'currency clearing center', as long as the credit card is issued The relevant contract documents will suffice.”

It's so simple.

Tang Qing liked it, so he nodded and said, "Well, let the Bank of Myanmar release the news that the credit card business will be launched at the beginning of next month, and ICBC and CCB cannot be preempted."

Although Lang Cai did not agree to Hua Xia's two major banks to develop credit card business in Myanmar, it was postponed after three years.

But how could the two big companies be reconciled.

As far as Tang Qing knows, they are going to propose to allow Huaxia Bank to carry out credit card business in the Myanmar-Asia Special Economic Zone in the next loan, and they are very firm. After all, who said that this loan is too big, and it is also the economy of Myanmar The SAR is looking to Huaxia Bank.

therefore.

Zero will definitely agree to this condition. Lang Cai is afraid that the credit card market in Myanmar will be seized, but Tang Qing, who has a system, is not afraid, so he is not prepared to let Zero refuse.

If once agreed.

Of course, I have to fix the credit card market before they enter the Myanmar-Asia Special Economic Zone.

In addition, the circulation of commodities in the special economic zone is increasing day by day, the material life is greatly enriched, and people also have demand for advanced consumption. It is not too soon or too late to intervene now.

. . . . . .

the next day.

morning.

Regarding Myanmar's huge loan of 160 billion RMB to Huaxia, the two sides signed a preliminary agreement to the applause. After verifying the collateral on site, the central banks of the two sides will discuss some details.

The loan will become effective.

All loans will be transferred to Myanmar's capital account at the Central Bank of China.

Just like the U.S. dollar, all non-cash dollars have never left the United States, and non-cash euros have never left the euro area. Of course, RMB loans will not leave the country, but the central bank has opened an account for Myanmar.

It is agreed that there are 160 billion RMB in it, and how much can be reduced by how much is used. This account is different from Myanmar’s RMB foreign exchange reserve account. Like this loan, this money is also stored in the Central Bank of China, but the owner is the Myanmar government. .

Due to the limited use of this loan, an additional account was created.

Signing the intent takes less than ten minutes.

The news spread and appeared on the platforms of major news websites in China. It not only caused a sensation in the whole of China, but within half an hour, it also spread abroad, and its power was not diminished at all.

RMB loan!

What does it mean?

You must know that loans recognized by various countries are settled in U.S. dollars, because U.S. dollars can buy almost any commodity, whether it is oil, gold, minerals, agricultural products, etc., all of which are recognized by the world.

But what about the renminbi?

The current international status of the renminbi can be said to be very erratic. Except for a few countries that have limited reserves of the renminbi, most countries do not take the renminbi seriously or even refuse to accept it.

Because dollars can buy oil.

RMB. . . Almost nothing can be bought internationally.

The most important point is.

Huaxia is now an importer of oil and minerals.

The resource consumption in all aspects is huge. You are a buyer with strong resource demand. How can you become a seller? The recent market is not good, and the long-term is not optimistic.

I want oil, I want minerals, I want agricultural products.

Not only do you have no surplus to sell, but you are also a large importer. Because of your large imports, sometimes prices will rise, and I have to spend more dollars to buy them, so how can the two sides play happily.

Now that Huaxia has issued such a large amount of RMB loans to France, it can be said to be a blockbuster, which has caused violent repercussions around the world. It is also the first time that the RMB has made people face its purchasing power.

"Huaxia has loaned 160 billion RMB to Myanmar, which is an important milestone in the internationalization of RMB! 》

"The first year of RMB internationalization is coming! 》

"good news! The purchase contracts of hundreds of billions of yuan will come to the Huaxia market. Who will get a share of the cake? 》

". . . 》

The domestic news is basically a compliment.

Everyone is full of excitement and anticipation of RMB internationalization.

As for the foreign media, they were not so happy.

"RMB Loans? What can I buy please? 》

"alert! The renminbi is challenging the dollar's status. 》

"Myanmar is likely to be mired in debt. 》

"The regional influence of the renminbi is increasing, and it may join Asian countries to launch a regional currency! 》

". . . 》

Anyway, foreign media are watching the fun and are not afraid of big things, and they are not afraid of serious damage. They are afraid that no one will watch it. All kinds of speculation and doubts are rampant.

It is true.

In Western countries, after so many years of tossing and deceiving the media, if there is no good name, there will be no clicks, and the headline party is actually forced.

Some questioned that Myanmar could not pay back the money, and they were afraid of falling into the quagmire of debt.

Some people despise Myanmar and want to learn the development path of Huaxia, but it is impossible to learn, and they are not optimistic.

Some people say that the expansion of the renminbi is challenging the status of the US dollar, but there are very few such remarks, because before there is enough purchasing power, the internationalization of the renminbi is doomed to be difficult and dangerous, a thorny, and everyone is not optimistic.

As long as the settlement prices of international oil prices, gold, and bulk commodities are still in US dollars, it’s even more impossible if you want to raise the renminbi.

mixed reviews.

Mixed joys and sorrows.

This matter has become the focus. Although Western countries are not optimistic about the internationalization of the RMB, many countries have also noticed this loan model.

They are all assuming that if they have RMB loans, what kind of impact will it have on the country.

This thought.

Everyone's mind became active.

Yes.

The RMB cannot buy crude oil, gold, nor food.

But you can buy China's industrial products and services. Just like this time Myanmar, Myanmar does not need to buy these. Now it only needs to develop the domestic economy and do a good job in infrastructure construction, and will not touch the traditional territory of the US dollar at all.

If only they also accept RMB.

It can also be replaced by railways, highways, airports, terminals, etc. These things can be provided in US dollars, but the process is very troublesome, and I can borrow both US dollars to buy raw materials and RMB to buy industrial products.

It's not a conflict.

And this.

That's what Huaxia wants.

Due to the inherent problems of the renminbi, it cannot enter the traditional field of the US dollar, but these scraps of renminbi can always be eaten.

You can still eat well.

This is why Huaxia is so positive about this loan.

Just want to be an example.

It is also considered to have taken the first step in the internationalization of the RMB.

. . .

To say whether the internationalization of the renminbi will have an impact on the Asian dollar.

Tang Qing is not worried.

These are two different paths.

The internationalization of the RMB seeks bread crumbs and influence. It has never been thought of as a substitute for the US dollar, and it cannot be replaced, because everyone has eaten the pain of the US dollar and hates it, but is there any way to get rid of it?

It is impossible to get the US dollar down and let a renminbi, which is also a sovereign credit currency, come up.

This is something the whole world cannot accept.

The dollar experience taught the world a lesson.

That is - any sovereign credit currency cannot become a world currency, and everyone is not interested in helping the RMB, and the RMB cannot operate this matter.

What the Asian dollar seeks is the status of the world currency.

in other words.

The purpose is different.

Ability is different.

The method of operation is different.

Therefore, Tang Qingge is not worried that the RMB will steal the Asian dollar cake.

Because he doesn't care about the crumbs, what he wants to eat is the piece of bread, and the journey must be bloody, but Tang Qing is very interested in pulling the dollar off the horse, and it is very strong.

There is a system.

He can't lose.