CHAPTER 1847: CHAPTER 1672: SINKING LIKE A STONE (SEEK SUBSCRIPTION!)

United States.

New York.

S&P Headquarters.

"I wonder if it will have any impact."

"Doubtful."

"I think so too."

"Too soon to tell."

"Yeah."

Betting against the Asia Dollar.

From a financial standpoint, there’s absolutely no problem. For a country issuing currency without following the basic law, history’s experience tells them the outcome is rarely good.

Because it can easily get out of control.

Unless there’s continuous rationality.

As of now.

Myanmar Central Bank’s currency issuance is still controllable. As long as Ling does not go crazy and the Transcription Fluid isn’t cracked, providing enough globally demanded goods can ensure the Asia Dollar’s currency value stability.

From the current data.

The probability of Asia Dollar depreciation is minimal.

But.

The higher-ups want to try.

Then let’s give it a try, after all, there’s no cost.

...

Outside.

As the news spreads.

Wall Street.

A small financial management company.

"What should we do?"

"Pretend we didn’t see it."

"Huh?"

"This report, not a word is wrong, but the timing of its release is off. Myanmar’s economy, though there’s some bubble, it’s very small. Without an economic bubble, finance becomes very passive."

"Just treat it as a joke."

"Oh."

Similarly.

Such conversations appeared in various financial speculation companies.

A significant depreciation of the Asia Dollar?

Unless the Transcription Fluid is cracked.

Otherwise.

There’s no opportunity for them to make money. Additionally, other Asia Dollar holders glanced over and didn’t care; Asia Dollar depreciation would only occur if Myanmar Central Bank can’t withstand foreign currency exchange.

In the world.

Internationally, who holds the most Asia Dollars?

---Central banks of various countries.

Especially in Huaxia, when they don’t want to hold it anymore, they will find the Myanmar Central Bank, demanding to exchange at the exchange rate into dollars. Due to excessive exchange, Myanmar Central Bank’s dollar reserves would deplete, leading to a lower exchange rate.

However.

That hasn’t happened.

And without it, there’s no follow-up; depreciation can’t even be discussed.

Just like this.

The release of the report hardly made any splash, sinking like a stone in the sea. Perhaps, after ten years, if the Asia Dollar really depreciates because of this, S&P could say they predicted it ten years ago.

...

On the 25th.

Afternoon.

Manor.

Tang Qing fishing.

Now.

Although the Asia Dollar is making big moves, it’s still not at a level that worries Europe and America, so at most, it’s a test, and there’s still a period of peaceful development for the Asia Dollar.

Once surpassed.

It will be hard to reconcile.

This time.

Tang Qing decided to delay the level and quantity of Myanmar’s high technology appearances, which also serves to lull the other side, just like oil countries that have money, but the United States isn’t worried they can threaten the US.

The industrial structure is singular.

Unable to produce advanced weapons.

Why fear?

So what if they have a lot of money?

The same goes for Myanmar, through large-scale industrial structure adjustments, increasing import ratios, slowing down high technology development can make foreign think tanks and institution reports reduce the perceived threat.

Reliance on imports.

Single export products.

Even if they earn money, it still makes people feel they are easily toppled.

"The people have arrived."

A reminder rang in his ears.

Tang Qing put down the fishing rod.

Stood up.

Looking at the sky, the blue sky, white clouds, Tang Qing couldn’t help but smile. The feeling of playing chess is wonderful. A minute later, a military vehicle stopped in front of Tang Qing, a long unseen friend stepped out.

---Ge Feng.

After visiting his father-in-law in Japan.

He strolled a bit.

Arrived in Huaxia today.

"Young Master Ge."

"Sister Ling Ya."

On the other side.

The bodyguard took down the folding baby carriage, Ling Ya waved at Tang Qing in greeting, and then arranged the two kids, feeling like these little ones were sent by heaven to torment her, whereever she goes, she worries.

"Come help move the gifts."

"Are you sure it’s not just taking?"

Saying this.

They approached the back seat.

Piles of large and small bags, indeed requiring the term ’move’ to describe it.

"How much did you buy? Next time, don’t bring mine." Tang Qing said helplessly, he really didn’t want to receive anything, what’s it for? In this world, what valuables does he not have?

No other place for them except to put them out of sight.

"Not much."

Ge Feng picked up two large bags, given the many Tang Family members, of course, he brought more, coming this time to sponge off a meal, considered as the meal cost, even though it’s a bit pricey, these gifts cost tens of thousands of dollars.

But it’s worth it.

"Where’s Jiaxue?"

"She went to the TV station for her internship, let’s go in first."

"Alright."

"Tonight, Xin’an City has a new city projection display; they formed a group and went there yesterday." Since Tang Qing gave a spoiler, Uncle was also there, upon Tang Nian’er’s suggestion, they went on a trip.

"Tonight? What a pity."

City projection.

Now it has become Xin’an City’s signature, from Godzilla, to the waterfall, to the Underwater World, it amazed the world, this time Ge Feng intended to see it in Xin’an City, but three days later.

Spend a week in Myanmar.

Go to Beijing to watch the Olympics, finally return to the United States.

"No worries, we’ll watch the live broadcast."

"There’s a live broadcast?"

"Xin’an City’s station has one."

The new projection scene.

Already transformed into an extremely attractive program, not only Xin’an City but the foreign media stationed in Myanmar also record some footage, some similar to Xin’an City, also broadcast in their countries.

The viewership is pretty good.

Tea is served.

Ge Feng took a sip.

"Ah!"

Leaned back on the sofa.

Authentic.

This is what tea should be, so tasty it’s almost addictive.

"How’s the rollout of your mobile payment going?" After all, being in someone else’s house, Ge Feng quickly sat up straight, found a relatively normal topic, it almost launched when he was in Japan.

Now.

It’s been more than half a month.

"Pretty good."

"How many users are there?" Ge Feng asked curiously.

"A few million, I guess."

Tang Qing said.

He was quite pleased with this result, domestic smartphone users are not yet over a hundred million, WeChat users are less than thirty million, many feel risky, and haven’t activated it.

Therefore.

A few million.

Is already quite high.

This is the number of people who used scan-to-pay more than once, excluding red envelopes, Alipay has even fewer, only about a hundred thousand, but the two together account for ninety-nine percent of the entire payment market.

Peguin introduced a mobile payment.

Unfortunately.

Being first matters.

WeChat and Alipay’s QR code coverage speed was too fast, making Peguin’s ground push very difficult, as for other companies engaged in payment, their technology hadn’t matured to the level of going public yet.

In the future.

Various major apps will also launch payment functionalities.

Banks will also get involved.

Then.

A new round of competition is bound to appear because WeChat and Alipay have distinct codes, and theirs are uniquely identifiable, while others wanting a share will inevitably lead to the emergence of combined codes, but Tang Qing doesn’t care about this part.

WeChat.

Alipay.

Their biggest core is the users.

The former captures daily life.

The latter captures consumption.

As for others.

If they only act as a capital channel, they pose no threat to either. As long as they maintain the advantage of their core business, any newcomers aiming to ’overthrow the giant,’ will mostly only get the scraps.

Even if occasionally they can eat some meat.

So what?