Chapter 908 Conditions for Raising the Amount (Please Subscribe!)

Blocking is worse than sparse.

This is a new trick that Tang Qing learned.

Instead of using force to make these restless masters dare not rob their own bank, it is better to find something to 'internal conflict' for them. If they are directly coerced by force, it is still in another capital.

A bit dazzling.

as it is now.

Find a 'right' reason and they can fight.

Once the people of these underground forces fight.

It's not that they can stop if they want to. That's Tang Qing's final decision. The soldiers will continue to stimulate both sides, intensify conflicts and hatred, and consume their energy. At the end, they may forget why they fought in the first place. . . . .

This is what Tang Qing thinks is the most effective method.

Much better than threatening them directly.

Even if the guys from Maputo defended their 'turf' in the end, they were just looking for an 'adversary' for them, and all their external 'needs' were controlled by endless internal friction.

this means.

Gee.

It's like killing the people.

Anyway, these guys are not good people.

None of the hands are clean.

To die is to die.

. . .

the next day.

maputo.

Bank of Maine.

More and more Chinese are getting news.

Many of them came from the surrounding areas to open an account first. Most of the local Chinese in Maputo did not transfer their money to domestic accounts, but almost all of these Chinese from other places transferred back.

Because there is no branch of Bank of Myanmar in other places.

They send the money back home.

You can let your relatives handle the payment.

They very much hope that branches can be opened to other cities soon.

However, it will be difficult in the short term, because people from Bank of Myanmar said that within a month, Maputo will have a large number of branches, but other cities, only a few big cities will have them, and other places will not have this year. will be open.

After disappointment.

All that's left is understanding.

a new bank.

It does take time to take root slowly, once the step is too big, it is easy to pull the egg.

. . .

July 19th.

The delegation of Bank of Myanmar arrived in Maputo again.

Jinlok and a group of Mozambican executives went to the airport to meet them in person. It was no exaggeration to face the sponsor, not to mention that this time there was still a request from others, so naturally they had to lower their posture.

"VIPs from afar, I welcome you on behalf of the 20 million people of Mozambique.".

"Nice to see you again."

The soldier's expression didn't change much.

Just be polite.

Kinlock was also accustomed to the attitude of the other party and brought them to the Presidential Palace.

last time.

They agreed on the terms of cooperation.

This meeting is about implementation.

"The business of Bank of Myanmar has been developing well in the past two days. The number of account openings has exceeded 10,000. I believe it will not take long for your bank to have more than 100,000 users in my country."

Kinlock said excitedly.

One hundred thousand.

In Mozambique, it's really a big number, mainly because people here don't have many savings habits. Most people don't have bank cards at all, and everything they do is cash transactions.

In Kinlock's view.

such a scale.

Bank of Myanmar is definitely going to lose money.

But the other party is a bank, and it is not bad at all.

The soldier shook his head and said, "President Jinlok, you can see from this figure that your country's payment and saving habits are very poor, far beyond our expectations. The banking business here is not easy to do."

Kinlock is going to blow.

Don't blow better numbers,

100,000, isn't this disgusting, so naturally I have to go back.

Bank of Myanmar is now adding more users every week. Thanks to the increasingly active trade with China and neighboring countries, people from other parts of Myanmar can also open accounts in Bank of Myanmar.

In order to resist the inflationary pressure of the devaluation of the kyat.

This account is still expanding.

"This... You are just starting out, but there are advantages to this, that is, the consumer market is active, the commodity business is easy to do, the merchants are better, and the banking business is easy to do." Jinluo quickly returned.

"This is natural. In fact, we are also betting that we are more optimistic about Mozambique's future economy." The soldier said that business negotiations do not need to be as rigorous as state visits.

The country is talking about business in a word.

Business is directly on the table.

"Thank you, we'll try our best..." Kinlok stood firm when he said this, and suddenly found that Nima, being a routine, put himself in a passive position with a few words.

I looked around and found nothing.

Pig!

Kinlock quickly changed his words: "cough... We also have confidence."

The soldier went straight to the point, "That's good, President Kinlok, according to the agreement we reached last time, after the opening of the Bank of Myanmar and the successful payment of 1.3 billion US dollars.

Our Bank of Myanmar can start to guarantee payment for the government bidding projects in Mozambique. The annual insured amount is initially 3 billion Asian dollars. After deducting the special loan of 1.3 billion dollars, your country also has 1.95 billion Asian dollars. The guaranteed payment amount of RMB. "

Heard there is so much money.

Everyone present was excited.

Although it cannot be extracted for random flowers, nor can it be used to buy casually in foreign countries, it can only be used for specific government projects, but it can still bring huge benefits, but it feels a bit small.

less than $300 million.

"How do we increase this quota?" Kinlock asked hurriedly.

The soldier shook his head and said: "Your country's debt situation is really bad, and we really can't provide more amount when your solvency has not improved much.

After all, what we have to pay out is the actual cash of our bank. Even if we bring your country's minerals, it will not be able to be realized in a short time, and it will gradually become the bank's precipitation assets.

This is extremely bad for us. "

"..."

Kinlock knew that the other party was right.

When other people pay for him, they are all settled in cash in foreign currencies. It is the hard-earned 'hard-earned money' earned by others. Taking mines by himself is like cashing out at will, which is a bit beautiful to think about.

At this moment.

The soldier suddenly spoke.

"However, it's not that there is no way, it depends on whether you agree or not."

"any solution?"

Kinlok has been too lazy to worry about being 'routine'.

The soldier explained: "For the increased quota, you must use it to purchase Asian-dollar goods, you have to purchase RMB or U.S. dollar services, and we have to pay in actual foreign currency.

If we purchase our Asian dollar commodities, our operating space will be larger, which is beneficial to both parties. "

Someone is going to ask.

Even if Mozambique purchases Asian-dollar commodities, it can be traced back to the source, and the raw materials still need to be purchased in foreign currency, which is similar to paying on behalf of others, but don't forget the value-added part.

A raw material worth a dollar.

Under the addition of technology.

The final product was processed into something with an ex-factory price of 10 yuan, of which only 1 yuan was spent in foreign currency, and the other 9 yuan was completely created in the Myanmar-Asia Special Economic Zone, and this part of the wealth will not flow out.

From the results.

Mozambique's purchase of goods from the Myanmar-Asia Special Economic Zone and the purchase of products and services from other countries are not the same thing at all. The most important thing is that now raw materials can also be paid in Asian dollars.

make money.

I am very sure of that.

As long as it works, it's money.

"This, what do you have in the Myanmar-Asia Special Economic Zone?"

This is what Kinlock is most puzzled about.

"There are many high-quality small commodities, machinery and equipment. I will give you a list later. As long as the above items are purchased, the previous 3 billion quota can not be consumed, and we can open a larger quota." The soldier said .

Kinlock nodded, it seems that things have changed a lot again, "Then let's think about it, and we will talk about this after reading the list. Now we have a request, whether we can continue to provide us with US dollar loans."

The soldier asked back: "President Kinloch, your country does not seem to have any mature US dollar treasury bonds for the time being. As for the treasury bonds you issued in your country, can you just print money?"

National debt, one is issued abroad to obtain the currency of other countries, and the other is issued to the people of one's own country.

The former one must be exchanged with other people's money.

The latter one, you can pay it back by printing money yourself. It’s not a problem at all. Although this will lead to inflation, it is better than defaulting.

Kinlock was not surprised that the other party knew them so well, and explained: "There is no US dollar debt for the time being, but our foreign exchange reserves have bottomed out, and ordinary trade requires US dollars."

Their main national debts are still U.S. dollars and Japanese yen, which can be repaid in U.S. dollars or in Japanese yen. However, the amount of Japanese yen in the hands of the Bank of Myanmar is very small, and it is definitely impossible to borrow.

"I can't help you with this. Your annual trade deficit is around US$2 billion, of which the US dollar and the yen are the heaviest after deducting a small half of the currencies of other African countries.

Such a large sum of US dollars will help you fill the hole, which will affect our normal trade settlement. "The soldier refused outright.

"...Is there no way?" Kinlock asked disappointedly.

"Actually, the solution lies in the previous problem." The soldier gave him another twist.

"Before?" Kinlock was puzzled.

The soldier said: "Yes, you are short of dollars and yen, but you will also make money. As long as you control your entry and exit, and earn more than you spend, won't you be able to slowly turn the situation around?"

"Earn more than you spend?" Kinlock still didn't understand.

This logic.

It's really not easy to turn around quickly.

The soldier explained: "We have opened up a larger trade volume of Asian-dollar goods to you, if Mozambique reduces its dependence on US dollar and Japanese yen goods in importing goods, and increases the proportion of purchasing our goods.

Can't solve the dilemma slowly? "

"It seems... that's what happened." Jinlock suddenly realized that the logic was fine, but. . . Can the commodities of the Myanmar-Asia Special Economic Zone be suitable for the Mozambique market?

As if seeing what he was thinking, the soldier continued: "You can control the import of goods of the same quality and price. If it goes well, you can achieve great results this year."

"..."

Kinlock had a headache.

want to eat meat.

It's really not that simple.

This matter needs to be considered in the long run.

I can't guarantee that I can write the next chapter today. I feel a little groggy these days, and I don't know if it's a nervous breakdown. . . I want to go to bed early today. . .