Chapter 163: 163
The departing ambassadors returned to their respective regions to report the terms to the emperor. Thefortable journey took no more than two days, so the diplomats arrived in their own country. Meet the emperor.
Emperor Li Lianzhong had a happy expression on his face. After hearing the Empire was willing to hand over the technology of producing banknotes to them.
"In the end, our financial sovereignty will no longer be dominated by the empire," Emperor Li Lianzhong breathed in. The giant shadow of the Empire had crushed them until they were suffocated. If they have financial freedom, they''ll breathe easier. Not under the influence of the other party and swallowed the whole country.
"Your Majesty, we should be able to prepare for the first batch of banknotes," Warned High Commissioner Cheng Li.
Now it all starts fine. The currency FEN of the four countries is considered to have been born. The next step is to collect valuable assets like gold, as a guarantee for printing banknotes. ording to the gold standard scheme, the currency is based on the value of gold.
"Venerable, you can fully deal with this." Emperor Li Lianzhong was empowered. "But about the economic cooperation agreement, does the Empire have any response?"
Emperor Li Lianzhong was very much looking forward to this answer. He wants to develop the country to be as modern as the Empire. Really need help from the other person. The Empire had not fulfilled its promises for a long time. Li Lianzhong arranged for the ambassador to ask about this matter.
"His Highness said that they will not help us for free. There must be something to exchange," said Ambassador Datang.
Emperor Li Lian''s expression immediately turned red in anger.
"Huh, I already figured it out. The empires quibble, refusing to fulfill the promise. Are they thinking of using your powers to oppress us, Datang?" Li Lianzhong smashed the table in anger.
Right now, Datang is no longer the greatest like the past. The treasury was emptied from the payment of war indemnity. And various exchanges Right now, the stability in the country is rigidly unstable. If Li Lianzhong didn''t hold the army in his hand, afraid that the dragon throne would have changed to another person.
Datang didn''t have anything left to trade with the Empire. The Spirit Stone Quarry that they had previously proposed is thest treasure, and every country has the same problem. Some of them even thought of sending their daughters out to give Zhao Lingxin to unite. But in the past, the Foreign Ministry has always refused.
Emperor Li Lianzhong held his temple. This time, Datang was hopeless; no way to fight did not dare knock on the Empire''s door demanding a promise. Li Lianzhong realized he might be the most failed emperor in Datang history.
At this moment, the representative of Datang opened his mouth and said.
"Your Majesty, the Empire has something for us."
Zhao Lingxin knew that the treasury in each region was empty at this time; there were no more assets that could be handed over to him. Zhao Lingxin had both mineral concessions, oil, and much more. Lack of just one step to upy the whole country.
The upation of the four countries now has only a negative effect on the Empire. Does not produce any good results at all. Zhao Lingxin wants to continue to feed the four countries. To petrify shoes for him to climb up to the heights, these four countries still have a lot to do with the Empire. Both as a source of cheap imported raw materials and left surplus goods as if it were a colony.
If Zhao Ling Xin upied thend, all of this would immediately transform into the Empire''s territory. The previous advantage is eliminated. Zhao Lingxin had no way of oppressing the people in his own territory. This is the reason why these four regions remain in sovereignty.
Zhao Lingxin still wanted to squeeze out every drop of the other''s blood, so he gave them some n.
"Hurriedly speak now. What is the proposal?" Emperor Li Lianzhong hurriedly said. Hearing the Empire had left a path to escape for them. Even if what the Empire offers is poison Li Lianzhong was ready to drink it without hesitation.
"The Empire is preparing to offer us a loan," said Ambassador Datang.
"Loan?" Emperor Li Lianzhong said with suspicion.
"ording to the Empire, they are ready to provide loans for domestic development. Under the terms of the Shenzhou Deration. But this loan has a few terms. We must use this loan for domestic development, and we need to buy all the materials from the Empire," exins Datang Ambassador.
This was Zhao Lingxin''s method to stimte the domestic economy. And open a new business, Zhao Lingxin wanted the capital Shenzhou to be the world''s financial market. And this is an important first step.
Zhao Lingxin will issue a loan to all four countries. This development loan must be used to construct basic infrastructures such as roads, power nts, water supply systems, or industrial nts.
All these loans could only hire the private sector in the Empire and employ imperial craftsmen and engineers to build.
Zhao Lingxin had little to lose. Just give money to the others. Then this sum of money will be returned to circte within the country. Both building materials and employment All four nations had to use this loan to revolve back to the Empire. Until the economy and GDP of the country grow.
This loan was barely thrown away by a single yuan, eventually returning to the domestic financial system.
The other four regions that received the loan also had to thank Zhao Lingxin for his mercy lending.
Zhao Ling Xin just sits still and will receive more interest. One-shot took the whole pack of birds back. This is the method Zhao Lingxin liked the most.
These methods are what great powers like Britain did in the 19th century. As a result, Britain has soared into a world financial power centered on London.
Only lending can make the country thrive. There are many countries where this method is used by Ennd, such as Siam and the Qing Dynasty.
Datang and the rest of the three countries did not catch up with the terrible n of Zhao Lingxin. They want to develop the country. Quickly jump at this condition.
"epting these terms with the Empire. Tell them, Datang is willing to ept these loans." Li Lianzhong epted the offer already.
"I will report this to the imperial embassy immediately," said Ambassador Datang.
The four nations agreed to borrow from the Empire, totaling over 15 million yuan. Zhao Lingxin immediately approved.
However, Zhao Lingxin did not have enough money as well. But he let private individuals lend and allow private banks in the country of interest to participate in borrowing and provided the government guarantees.
If four countries think of defrosting their debt, Zhao Lingxin''s army would definitely go knock on their door. Such certification builds confidence in the private sector. The bankers agreed with Zhao Lingxin''s policy. Government and private banks approved over 15 million yuan of loans for the four countries.
As soon as the loan went into effect, the Empire''s economy grew just as Zhao Lingxin had predicted. 15 million yuan has returned to the country. Stimtes the employment economy, raising more than 10 percent. The construction material factory such as cement has exponentially growing ies.
While engineers and workers began to build things in these regions. All sides smiled at the oue. All four regions were joyful to see developing countries. As for the most profitable Zhao Lingxin, sip a cup of tea and watch the economic growth every day.
Zhao Lingxin received the sweetest results from the recovery. He became more and more enamored with this method, which was very convenient. Making him even more want to loan.
"The loan business is veryfortable." Zhao Lingxin began to turn himself into a loan mogul, directing the foreign ministry to more loan operations.
From that day onwards, the emperors of the various provinces escaped to the public. Because if they were revealed, diplomats from the Empire and representatives from the banking sector came in with arge amount of loan documentation.
"If you are willing to loan from our bank, We now have a 1.11% interest discount for you."
"Tianhuang Bank also has gifts. Plus free car insurance for the emperor."
The officials from various banks were waiting to ask to meet the emperor. Submit arge number of loan terms and other privileges. The emperors and the nobles even avoided attending meetings in the pce. Stay away from these banking sector representatives.