CHAPTER 1855: CHAPTER 1680: BUSTLING ACTIVITY

Beside him.

Kan Qin listened while nodding his head.

Ling.

Still with that decisive demeanor, quite good. Although a bit dictatorial, it also makes people energized. The biggest fear is not daring to do anything, but rather spending all the time on bickering.

This agrees.

That opposes.

The group reached a stalemate.

In the end.

They could only compromise, choosing a moderate plan.

Yes.

A bit safer.

However.

It makes people feel sleepy executing it, just like running a company where higher-ups endlessly argue, and in the end, they come up with a compromise plan. If the result is positive, it’s fine. If not, everyone blames each other again.

Quite boring.

Ha.

Thinking of this.

Kan Qin recalled Ling’s ’small class’.

To align their thoughts, he often held classes for them, showing them records of foreign bickering, and making related analyses. Gradually, they also started to hate such bickering meetings.

"Kan Qin, do you have any ideas?"

Suddenly.

Ling turned his head to look at him.

Kan Qin was slightly stunned.

He tried hard to think if there was anything else to add. After a moment, he said, "I think that in the special loans, we should be cautious with transcription fluid and operating rooms, as these have too high a technical content."

- Transcription Fluid.

- Operating Room.

Nobody has succeeded in imitating them yet; they shouldn’t be distributed as casually as candy.

"That’s a good suggestion. Transcription fluid and operating room types of medical special loans should temporarily be removed from the loans," Kan Qin’s words should be respected, and moreover, it doesn’t affect the bigger picture.

"Okay."

Miao Ye quickly replied.

"And also."

Ling continued.

"In order to support the internationalization strategy of the Asia Dollar, all loans are to be short- to medium-term and possibly interest-free, capped at ten to fifteen years. Otherwise, if it’s thirty to fifty years, their demand for the Asia Dollar wouldn’t be strong enough."

"You can discreetly hint that debt restructuring could be accepted upon maturity."

"Yes."

Miao Ye kept nodding.

Indeed.

The shorter the term, the less money that needs to be repaid each year, reducing the demand for the Asia Dollar. This makes it somewhat harder for chamber enterprises to use the Asia Dollar in that country if the term is only ten years.

Every year.

The country will need a significant amount of Asia Dollars to repay the debt.

Naturally.

They would be more welcoming of Asia Dollar investments in their country. As for debt restructuring, it aims to alleviate worries of not repaying short-term loans, giving everyone a sense of security. If unable to repay in time, they could borrow new loans to replace the old ones.

Killing two birds with one stone.

Providing peace of mind to many countries.

Of course.

If debt restructuring occurs at maturity, the interest won’t be low.

...

Half an hour later.

Miao Ye left.

He gathered his subordinates to convey Ling’s directives.

"This is a daunting task, but once entrusted to us, we must complete it without conditions, flawlessly. In doing so, we must guard the national interests while also considering the interests of our enterprises."

"Completing it isn’t enough; it must be done well. Many projects are involved, and you will be dealing with many people, but I hope you always remember your real identity."

"Understand?"

"Understood."

In the conference room, everyone answered in unison.

This matter.

Involves many countries and too much capital. To say no one is lobbying would be impossible. However, over time, those with weak will and principles have already been removed from the team.

Those who remain.

Have at least strong resistance to temptation.

After the meeting.

Back at the office.

Looking at the files in his hands.

The power to approve projects worth billions is in his hands. Although it’s not absolute power because there is supervision, like from the Myanmar Bank Group, theoretically, they are service institutions.

The committee takes charge.

The Myanmar Bank Group carries out execution on their behalf.

Miao Ye sighed.

A few years ago.

When he was the vice mayor of Naypyidaw, the entire city’s disposable finance was only a few billion RMB equivalent in Myanmar Kyat. A few years later, it inflated to this extent.

Life is unpredictable.

However.

Power has inflated.

But he doesn’t dare let his heart swell. Doing solid work and following Ling will ensure the long-term interest of his family.

...

Soon.

The news spread through various channels, and suddenly, many countries became lively. Even before it had landed, while still in the argumentation stage, it had already caught the interest of many countries.

Now.

It finally took a big step forward.

Not only the underdeveloped countries but also developing countries were interested.

The former is truly poor.

The latter is not poor.

But there is no reason not to take advantage of favorable terms when they come without attached conditions, and with low or even no interest rates. Such loan offers are virtually impossible to find elsewhere—only this one.

...

India.

Capital New Delhi.

Regarding this matter.

The Presidential Palace is actively discussing it.

"We cannot miss this opportunity."

"Indeed."

"However, we already owe a lot of debt, it might be a bit risky." Although the city loan is not in the name of the Indian government, the enormous medical loan is borne by the Indian authorities.

Per person.

An average of fifty thousand Asia Dollars.

Thus.

Within a few months, they already owed almost ten billion. It’s heart-wrenching just to look at it.

"The problem shouldn’t be too big. Including local debt, we only owe a few hundred billion, which isn’t much. The only issue is, what is the total loan amount, and how much can we hope to secure?"

"What can we invest it in?"

"Infrastructure?"

"No, we lack goods."

"Exactly, infrastructure? It’s hard enough to acquire land and widen roads, forget about expressways, railways, airports, or even refineries. The only infrastructure projects that can be built now are power plants."

"We should focus on goods, with project loans as a supplement."

"Right."

"It’s mostly goods, with project loans as auxiliary."

"..."

Before long.

They reached a consensus; it’s not that they wanted to be idle, but they had no choice—without land acquisition, there’s no point thinking about infrastructure. In a country where unified taxation doesn’t even exist.

Better to talk about it later.

"I think we should put more effort into environmental governance. Currently, air pollution in various countries is contained by the filtering solution, but our situation hasn’t undergone effective large-scale changes."

"The capital can rely on the anti-smog towers of the Myanmar Environmental Technology Company, with air pollution controlled within certain limits, but values in other areas are still frequently pushing the limits of monitoring equipment."

"I think building a large number of small power plants can solve these pollution problems. Agricultural residue can be burnt for power generation, and the smoke emissions from the power plants can be filtered using filters."

"Kill multiple birds with one stone."

This proposal,

Is not novel.

It has been suggested multiple times in the past, but the investments were too large, and there was no money. Now, Myanmar is willing to provide project loans, and they could very well ride this wave and tackle this real problem.

If done well.

The reputation would be good too.

"Not bad."

"This is the only project that’s easy to push forward."

"Mm."

They had also considered using administrative means to eradicate this type of pollution, but it was too difficult to implement. Firstly, burning is considered the fastest method. Secondly, exhaust gas filters are too expensive.

Thirdly.

The most helpless reason.

People are used to it.

Counting on people to comply is less effective than taking proactive measures.