Today's second update, I'm anxious! Obit. It can be said that Germany's dream of breaking through the North Sea and entering the Atlantic Ocean was shattered. In fact, according to the design of German warships, the airworthiness is too poor and it cannot survive in the Atlantic Ocean with harsh sea conditions. The cost of Germany's ignoring the airworthiness of warships was finally exposed at this time.

At this point, Britain strengthened patrol in the North Sea, imported 10,000 electromagnetic mines from China, spreading mines in the areas where the German troops in the North Sea were present, and blocking the German navy tightly. However, it also paid high war funds for this. The 5 billion dragon coins that China borrowed to Britain were already spent by the time of the old and old keys. The war was still stalemate, and Britain was once again in a serious fiscal crisis. No, it would not borrow from China on a large scale again.

In March 2019, the third batch of treasury bonds in the Imperial Bank of China could also be paid on the market. In the European War, Fengguo's foreign trade volume surged, and the trade surplus reached the sum of the past ten years within half a year after the war broke out. All those who bought Chinese treasury bonds basically doubled. This made people who made a fortune in the first two batches of treasury bonds doubled their confidence and continued to buy treasury bonds.

The boss behind Royal Bank of China is Zhang Yunfei's Office of Internal Affairs. Zhang Da has completely ignored the affairs of the Central Imperial Bank. Through years of study, he has mastered enough bank operation experience. For this reason, when the Royal Imperial Bureau and Imperial Bank separated, he naturally became the general manager of Royal Bank.

Zhang Yunfei's personal assets are very huge, and only the direct descendants of Zhang Yunfei's direct descendants know how much they are. From the Spanish underwater treasures to the holding shares of Meihuoyou, the Chinese multinational companies established before the New Year are basically Zhang Yunfei's private enterprises. There are also the property left over from the royal family of the previous dynasty, and the Forbidden City alone is enough to become the most luxurious residence in the world. Together, his total assets have long surpassed the Rothschild family, but the Chinese people's concepts are relatively conservative and not as swaggering as the Rothschild family.

Using power to make money has always been the way for Chinese people to make money. Although Zhang Yunfei did not want to use his imperial power, many things were involuntarily. China's traditional concept is that everything belongs to the emperor. Even though the current Chinese Empire has established a constitutional monarchy, many of the property in various parts of China were still actively included in the royal property by officials and ordinary people. Of course, the bigger reason is that Zhang Yunfei was loved by the people of the whole country. The Chinese people willingly gave it to Zhang Yunfei.

Especially after Zhang Yunfei announced that the royal family would no longer spend the national finances and would no longer rely on taxpayers across the country to support them. People were moved by Zhang Yunfei's actions and called Zhang Yunfei the best emperor. Because, from ancient times to the present, the emperor has spent almost half of the national finances.

Royal Bank is rich enough to rival a country, and it is entirely up to Zhang Yunfei, a wealth-making expert, while speculation has left the whole world speechless. A large part of the second batch of government bonds was indirectly provided by Royal Bank in various places, and made huge profits.

Therefore, in many countries, including China, many abandoners believe that the European war will not last too long, so they did not use all their efforts to purchase government bonds and were careful. However, Zhang Yunfei knew that the European war would last for several years, and he was even more bold to borrow money from time to time.

Nowadays, Chinese businessmen are impressed by Zhang Yunfei and give up all their worries. It is correct to follow Zhang Yunfei's pace.

Therefore, China's third treasury bond issuance out of the estimated scope of the Ministry of Finance of China. The treasury bonds that were originally planned to be released were divided up by banks across the country before the bank had been waiting for it. The people of the people did not get a penny.

To this end, after research, the Ministry of Finance and the Central Bank of China believed that the European war would not end in the short term. Therefore, the country can bear this financial risk and can conduct large-scale government bond transactions with confidence.

Therefore, the third batch of government bonds was added to another 100 million yuan, reaching the total amount of Yilong coins.

From ancient times to modern times, China has always pursued the policy of hiding wealth among the people. Therefore, the private funds are very large, and rational use of these funds plays an important role in the rapid development of China's economy.

After more than ten years of expansion, China's banking business had basically formed a unified bank credit system before World War I. In the country, China owned the Imperial Central Bank, which was in charge of the only exercise of China's dragon currency, and became China's largest supporter for regulating the national economy. In addition to the Imperial Central Bank, there were also the Bank of Communications and the Trading Bank established in the Qing Dynasty. After the founding of the New China Empire, industry-oriented banks appeared one after another. For example, China International Trade Bank, which supported the China Agricultural Bank, which specialized in lending to farmers, provided trade services to overseas trading companies, Industrial and Commercial Bank, which provided support to domestic factories and trade, China Construction Bank, which provided funds for national infrastructure construction and national housing credit, China Education Bank, which provided national basic education and student loans to students, etc.

This is a national bank based on the credit of the national central government. Ran is also the process of democratization in China. While the people trust the country's credit, local finances also took the express train.

Local banks with local finance as the credit background appeared. Citibank and HSBC have done a very good job in this regard, and have become role models for China's Fang Bank Exhibition.

Local banks are mainly banks established by independent or fund-raising funds by local wealthy families. These people often take advantage of the strong interpersonal relationships of local people, and the people around them have a certain recognition of the bank's directors. This has made such people a local banking industry successful.

Since China's banking business started late, it is necessary to learn from foreign experience, and foreign experience may not be fully applicable to China. In this way, China's original local bank bank and other banks have become members of the credit system. It also cannot be ignored for the economic factors of the economy of Xunshan Fan.

The local banks currently owned by China are mainly concentrated in commercial banks. This is all due to the European War and the driving force of China's export trade. Large local enterprises often borrow from national banks because of the large factors that are affected by the state. However, local national light industries are more affected by local interpersonal relationships, and most of them borrow from local commercial banks.

In this way, there is no need for state regulation. State-owned banks have strong strength and support the National Heavy Industry Exhibition. Local commercial banks respond to national policies and support the local light industry exhibition, make full use of local idle funds, and provide support for the vigorous development of the national economy.

It is rare for China to have such a good development environment. The country is strong and not subject to foreign political, economic, and strife. This is a good domestic environment for economic development. In addition, the great powers were involved in wars, and not only could not invade and threaten China in terms of economy, but were instead counter-aggressive and threatened by China.

The huge total economic output of China has caused local banks to sprout like mushrooms after a rain, and took advantage of this great opportunity to fully develop and strengthen themselves. There are more than 3,000 large cities in China and nearly 5,000 local commercial banks. Some local commercial banks have expanded to surrounding cities and are constantly expanding.

In this way, China's banking system has been continuously improved and expanded, and it will not set a solid foundation for China to become the world's financial center in the future.

China's idle funds are concentrated to the maximum extent by the state and local banks. As the saying goes, there are many people and great power. How can we do it? Only by clenching the fists together can it show its huge power.

The government bonds are the strength of the 600 million people in China and the greatest strength is to concentrate the strength of China. However, as China's capital accumulates more and more, the government has begun to consider the issue of national living standards.

China cannot become a money society like other countries. Traditional Chinese thoughts and education tell the government that in China, human relations society must be the main body. Otherwise, the 600 million citizens will become materialism, which is a serious threat to the national government's control. For this reason, in order to prevent the gap between the rich and the poor, the Central Finance Ministry has allocated all the six billion dragon coins and government bonds to individual citizens, so that the people can also make money with bankers.

Of course, no matter how much money a banker earns, it doesn't matter how much money it earns. The key to the question is whether the government thinks about the interests of the people. The people's requirements are very simple. They don't ask for millions of millions of millions, but they ask the country to give them the opportunity to make money, no matter how much. It's just a chance. This is the minimum requirement of the simple and unpretentious people in China. They are the best people in the world to support.

Taking advantage of the European war, the Chinese government has been working together to concentrate domestic funds and implement capital exports to European countries. Capital exports are the only way for a country to rise. It is like a company, first a small workshop, then a factory, local enterprises, domestic large enterprises, and finally to multinational corporations.

China is full of funds. Therefore, we must take this opportunity to implement capital exports to Europe, import Chinese goods and dragon coins into Europe, and then take European gold and other hard currency back to China. Then, the Imperial Bank of China can use the hard currency he received as the reserve standard to continue to use the equivalent dragon coins. This becomes a cycle of capital cycles, and European hard currency continues to flow into China. China pays only paper money, but gets gold reserves. When European gold flows into China, China becomes the world's financial center. To use an appropriate metaphor, China is the central bank of the world. It can manipulate the world economy.

China's third treasury bonds concentrated in the 1910 yuan dragon coins, which was equivalent to the correction of the British and the British. All of them were loaned to the Allies. Among them, the loan was to the British calcium 100 million, the French Feng Yi and Russia Li100 million. The reason for this is mainly because of the competition between China and the United States.

The United States exported capital to Europe and entered the Allies too small, because the maritime blockade between Britain and France and the German raid war made it difficult for American goods to ship to the Allies. In this way, if the Allies borrowed money to the Allies, the Allies could not use US dollars to buy American goods, so the United States actually did not gain any benefits.

The Allies are different. The United States can trade with them directly at sea. After lending to the Allies, the Allies can buy American goods in US dollars, so that the United States can seek war wealth.

Therefore, after considering these, the Chinese government decided to trade with the United States and borrow large-scale funds to the Allies, so that the Allies would not need to borrow from the United States, so that the Allies would use Chinese goods during the entire war, thus turning the Allies' creditors into China, rather than.

At this time, Britain and Bang had depreciated. Since the disintegration of the Chinese, US and UK Group, Britain and Bang began to depreciate on a large scale. The British banknotes circulating on the British market can no longer be exchanged for gold of equivalent value. For this reason, Britain has restricted the free exchange of gold exchanges and exchanges business, and all gold is used to mortgage war loans. It can be said that if the disintegration of the Zigong Group, the UK can no longer stabilize its gold standard worldwide. At present, the only countries in the world that still implement the gold standard are China and the United States, and Europe have not participated in the war protection.

As China squeezed the United States in trade and used Germany to block the trade between the United States and Europe, more than 80% of Europe's trade was traded with China. The result was that the gold flowing out of Europe had basically entered China. At this time, China's gold reserves had passed through the United States. Before the war, London, England was the world's financial center. Nearly a year after the war broke out, the three countries of the United Kingdom, China and the United States were the world's financial centers, and their share was British Union, China and the United States. And this proportion was still changing, and China's share was not

Compared with the Qing Dynasty, China occupied the world's gold reserve rate but was only gills. At that time, China was still a silver-copper standard country. A large number of gold standard countries such as Britain were squeezed. Now, China's gold share has reached the reef and began to in turn record and squeeze other countries.

Among them, Mexico is the biggest victim of the exploitation of the gold standard countries. Mexico is a major silver-producing country, so it has been a silver-standard country for a long time. The large-scale exploitation of the gold standard countries on silver-standard countries has been 4 times in the past and year. The first two times are because many countries in the world have the silver standard. China, Spain, France, Russia, the United States, Japan, etc., and Mexico has been evenly distributed to various countries and escaped the crisis. The third time is China, the United States, Russia,

France and Japan also began gold standard reform, which caused Mexico's silver to be as cheap as paper money, which hit Mexico hard. The fourth time was the outbreak of the European War. Britain's gold standard collapsed. After Mexico reached a strategic partnership with China, the dragon coins became Mexico's only foreign exchange reserve. Large-scale inflows into Mexico caused Mexico's silver to flow into China. As a result, the European war caused a surge in hard currency, and the huge profits that should have been made by Mexico were taken away by China.

On the contrary, China used historical American practices against Mexico to control Mexican finance, forcing Mexico to carry out currency reforms, and further squeezed Mexico on the exchange of dragon coins and Mexican coins, making Mexico completely a debtor country to China.

The means used by China were of course learned from the United States in history through Zhang Yunfei's suggestion. The United States used this method to control the finance of Mexico and Central and South American countries, and carried out economic aggression against Central and South American countries, thereby achieving the goal of controlling their political influence.

Similarly, China can only take this route when controlling Central and South American countries, and can't send troops to occupy it! That will arouse the silence and opposition of police from all over the world.

Learning about the United States in implementing economic control politics is China's future development path.

Central and South American countries mainly rely on Spanish currency and were once invaded by the US dollar. However, Central and South American countries are not in line with the United States, and Spanish currency cannot assume the role of international currency at all. Therefore, when China interferes in Central and South American affairs, the dragon currency has become the national foreign exchange reserves of Central and South American countries.

The economy of Central and South American countries is very weak, and the export of raw materials has become the pillar of the country's economic development. After the outbreak of the World War, the export of this raw material surged, but was threatened by German submarines and the compromise of European countries with European countries against China. All this forced Central and South American countries to sell China's low prices and then transport it to Europe by Chinese trade transport ships, resulting in the pattern of China's dragon coins further controlling Central and South America, and Central and South American countries are increasingly relying on China.

In Europe, due to the stalemate in the European battlefield, all countries are thinking of taking measures to break the deadlock. The naval confrontation between Britain and Germany has its own gains and losses, but the deadlock has not been opened.

At this time, after several months of rest, the Austro-Hungarian Empire, equipped with advanced Chinese weapons and equipment, began to enter the Galician battlefield. Under the cover of armored infantry fighting vehicles, aircraft and cannons, the Austro-Hungarian Empire's army broke through the Russian positions and gave the Russian army a fierce attack.

In April of the year, in the Battle of Lavaruskaya in Galicia, the Russian rifles could not penetrate the armored vehicles. Facing the armored vehicles, the trenches with small width could no longer resist the Austro-Hungarian army's chariots. On the contrary, the fierce strafing of machine guns in the chariots caused the Lava disaster day. The number of Russian casualties and wounded people under the heavy machine guns of the chariots soared to 70,000 in three days. Under the cover of fighter jets and cannons, the Austro-Hungarian army recovered the lost Przemisher Fortress within one day. At the same time, defeated the Russian Southwest Front, and fleeing Russian soldiers were everywhere on the entire Galicia battlefield.

The Russian army was unable to adapt to this advanced weapon and was forced to abandon the entire Galicia and retreated all the way back to Poland.

The Austro-Hungarian army took advantage of the victory and encroached most of Poland's land, forcing the Russian army back to the border between Poland and Russia again. Since the Austro-Hungarian railway transportation was as bad as the Russian railway, China's weapons were indeed very powerful and practical, but the ammunition and oil consumed were amazing. The Austro-Hungarian railways were all used for transportation, which seemed tense, while the Austro-Hungarian army in front advanced all the way, lengthening the supply line, and bringing huge logistics to the Austro-Hungarian Empire.

force.

For this reason, the General Staff of the Austro-Hungarian Empire had to order the front-line troops to stop attacking the Russian army, hold their positions, and wait for the supply to arrive. Unfortunately, the Austro-Hungarian generals and soldiers who fought together were crazy and had no borders. The first time they fought so happily made them lose their minds. They thought that they could not wait for supplies, but with the existing supplies, they could fight to St. Petersburg, forcing Russia to surrender.

Unfortunately, the Austro-Hungarian army forgot how Napoleon of France defeated Russia and hated him for life. The Austro-Hungarian army, desperately rushed into the Russian mainland, but what made them ugly was that the Russians destroyed railways, roads, and bridges, and set up small attack troops along the way, which made the Austro-Hungarian army slowly advance and exhausted.

As a result, ten days after invading Russia, the aircraft's combat radius was insufficient and it could not provide air support. The infantry fighting vehicles were out of oil, the tracks were broken, and there were no spare parts, which became a pile of scrap iron.

At this time, the Russian army began to counterattack, and the Austro-Hungarian army was defeated, and the abandoned armor was driven back to the Austro-Hungarian territory. A Chinese-style army was beaten to pieces, and the equipment was basically captured by the Russian army. However, after the Russian army advanced to the border of the Austro-Hungarian Empire, it stopped its attack with great self-knowledge. It once again dug trenches with the Austro-Hungarian army.
Chapter completed!