Rebirth: Super Banking System
Chapter 1421 - 1268: Fellow Travelers (Please subscribe!)

Chapter 1421: Chapter 1268: Fellow Travelers (Please subscribe!)

Doubts.

Of course, it was within Tang Qing’s expectations.

But.

Do they need to be explained?

Of course not.

The more you explain.

The more people think you are guilty.

The more insatiable they become, coming up with all sorts of wicked ideas. Gold is real, so there is naturally full confidence; why the need to explain to anyone? Therefore, facing external public opinion, the Myanmar Bank Group didn’t respond with a single word.

Business as usual.

...

In Nibidu.

At Lang Cai’s home.

After watching the news.

His hand trembled and he nearly snipped his carefully nurtured plant, and his face couldn’t help but sour. Ling, this counterattack is truly too sharp; I hadn’t expected Ling to have such an ace up her sleeve.

It’s truly like having an unbeatable hand.

"Was there really a huge gold mine in the Myanmar Economic Zone originally?" Lang Cai muttered to himself.

This point.

He truly couldn’t figure it out.

If there really existed a gold mine capable of producing a thousand tons every two years, there’s no way there wouldn’t have been any rumor of it. Over two thousand tons, that’s a tremendous amount of wealth; he knew this all too well.

Perhaps.

Ling really is the chosen one.

Favored by the heavens.

...

Throughout Myanmar.

Everyone was astounded.

Every major family, looking in Ling’s direction, felt an even greater sense of awe. Without any hint of noise, throwing out more than two thousand tons of gold worth several hundred billion Asia Dollars.

This wealth.

Theoretically.

Even belongs entirely to Ling.

What followed was jubilation, because the Asia Dollar increased in value, and the plans for the Asia Dollar would proceed as usual, ensuring the protection of their interests. Following Ling was indeed the right choice.

...

At that moment.

Something happened that even Tang Qing hadn’t anticipated.

The Huaxia envoy in Myanmar, Sun Jiang.

Arrived at Ling’s office.

"Congratulations to your country on discovering such a large gold mine. With this batch of gold, I believe the Asia Dollar will be accepted by even more countries. With this visit, I represent Huaxia, and we would like to purchase some gold from your country."

Right off the bat.

Sun Jiang conveyed the domestic intentions.

--- Buying gold.

Currently.

Huaxia’s gold reserves have not reached a thousand tons, which is a common situation for major gold-consuming countries, like India, where the local population has a deep affection for gold and prefers hoarding it.

This results in.

India’s official reserves being just a few hundred tons.

But looking at India’s total local gold holdings, it exceeds ten thousand tons, and it’s the same for Huaxia. Although there are some reserves not known to the public which are not insignificant, more is better.

Like now.

When some questioned the Asia Dollar.

Myanmar Bank immediately came out to slap those doubts in the face.

"How much do you want to buy?" Ling countered.

At this time.

Tang Qing was closely monitoring the situation. Selling gold? This is a good business, why not do it? Fighters from all over the globe are mining gold, coupled with that underground flow in Europe, there’s a significant daily income.

To enhance the confidence in the Asia Dollar.

With the current over two thousand tons.

It’s totally enough.

There’s even more gold in the warehouse, of course, selling it all isn’t possible, because the issuance of the Asia Dollar requires gold in the system, but selling a portion will not have any impact.

However.

Tang Qing isn’t short on money.

Nor is Myanmar Bank.

To sell.

Naturally, there has to be some minor conditions attached.

Just selling for the sake of money.

Doesn’t fit the principle of cooperation between nations.

Hearing Ling’s words, a glimmer of hope appeared in Sun Jiang’s heart, it seems there is a chance, "Of course, the more the better. With our Huaxia’s economic power, I believe there will be no issues with payment."

Ling nodded.

"I trust that. We also have a few things that we want to cooperate with your country on."

"Please speak."

Sun Jiang’s expression turned serious.

"You know that our stock market has just opened, the first batch, all from local enterprises within Myanmar. Next, we will open up to foreign companies, and we hope to achieve cross-market accessibility with your country’s stock market, allowing individuals to conduct cross-border stock transactions."

Hearing this.

Sun Jiang opened his mouth.

This idea.

Is somewhat... troubling.

International investments in personal accounts have always been tightly controlled, with high thresholds. There are many reasons, including preventing uncontrolled cross-border flow of illegal funds and reducing capital outflow among many functionalities.

This precedent.

Without asking domestically.

He knew it was impossible.

Just speaking of uncontrolled cross-border funding, it is a huge issue, such as laundering money through the stock market and then transferring it abroad, to track the transaction records would be incredibly difficult.

Too many downsides.

"Mr. Sun, I know what you are worried about; one issue is the operation of illegal funds, and the other is the impact on your country’s financial market. These are two core issues we cannot avoid."

"But I believe there is a win-win method."

"Firstly, we will conduct strict audits on all funds from your country and retain transaction records. Should there be any issues, your country can inspect, and you can freeze the accounts at any time."

"Secondly, regarding capital outflow, this is something you need not worry about. Our Asia Dollar strategy is similar to the RMB, leaning towards caution and conservatism. In the short term, financial market investments will only include the stock market."

"Compared to the thousands of publicly listed companies in your country, even by the end of next year, we would not exceed a hundred companies. Your country’s funds may flow in a small amount, but our nation’s funds will also go over. Thus, the inflow and outflow are controllable."

"Lastly, the most important point is, if one day, your country feels that we have taken advantage of you, causing any loss, you can unilaterally propose to terminate the cooperation and proceed with account settlement."

"Economic and financial reforms, we have always been careful in doing, and we quite admire your country’s saying—’Crossing the river by feeling the stones.’ This is a bold attempt, and we hope your country considers it."

Now.

Sun Jiang suddenly felt.

Maybe.

There is a possibility of success.

If the regulatory issue could be resolved, the problem would be much smaller, and it could also promote the economic exchange between the two countries. At the same time, they have said that Huaxia could unilaterally decide to end this model.

"It’s not just our country, right?"

Ling said: "I only plan to conduct in-depth cooperation with Huaxia in this respect."

"Why?" Sun Jiang asked.

"Because we are fellow travelers who seek survival and development in this world dominated by Westerners. In terms of reform determination, execution, boldness, and potential, the only one that matches us is you, Huaxia."

These words.

Are quite arrogant.

And finally.

They flattered Huaxia.

Sun Jiang couldn’t help but feel pleased deep down; indeed, in terms of execution, Huaxia is definitely one of the best in the world. Whatever the Huaxia government wants to do, they just roll up their sleeves and get to work.

Looking at the Western countries.

For a project.

Huaxia would have it all sorted, while the others are still in the evaluation phase, or in all sorts of disputes with the local public, and in the end, it may all come to nothing, having stirred up a lot of fuss for a trivial matter. ƒrēewebnoѵёl.cσm

But as for Ling’s arrogance.

Sun Jiang actually nodded in agreement.

Since Ling took over.

The efficiency here.

Has jumped by leaps and bounds.

It’s so fast, it’s unbelievable. Often, you see that on the first day, the news says they will do something, the day after, the news says they are evaluating, the fourth day, the evaluation is done, on the sixth day, they start the project...

In two weeks.

The bidding for the project is complete.

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