CHAPTER 1856: CHAPTER 1681: IS IT WORTH IT?

Very soon.

The Indian side has reached an internal agreement.

---Electricity.

To get rich, build roads first, but they can’t be built.

Add it up over and over.

In terms of improving people’s livelihood, the electricity sector faces relatively less resistance. Initially, when the United Kingdom withdrew from India, major capital didn’t leave, continuing to control India’s substantial core industries.

Therefore.

The scope for investment is very limited.

Want to reclaim?

The resistance is boundless, at this moment, they once again think of Huaxia, envying immensely, a country that controls its national core industries would not be forced to such an extent by capital.

Heartache.

Depressed.

Angry.

But what use is it?

"Start preparing the proposal, must be quick. We still don’t know the total loan amount; if we’re late, it might be divided up completely. Within a week, we must come up with a complete proposal."

"Understood."

...

Algeria.

Capital.

Algiers.

"What? No restrictions on countries?"

"Yes."

"That’s great, apply quickly."

"What project?"

"Do I even need to say? A few days ago, we were troubled by the railway to Tamanrasset Province, isn’t that the one? Our repayment ability is beyond doubt, so I believe the likelihood is high."

A few days ago we were discussing this matter.

Worrying about money problems.

But.

In just a few days, while sleepy someone sent a pillow.

"Could it be too much?"

Someone is worried.

The railway to Tamanrasset Province is extraordinarily far, even if not built to high standards, it would require a baseline of twenty billion Asia Dollars, and that’s just for a single track; a double track is more expensive, not to mention the auxiliary facilities.

"Then let’s do it in segments."

"Good idea."

"Then let’s do it this way!"

...

Congo Gold.

Capital.

Kinshasa.

"Is this a big giveaway rhythm?"

Waite looked surprised.

Frankly speaking.

Is there so much money that it’s burning, or what’s going on? Throwing tons of money out, originally thinking it’s just for poverty alleviation in Africa, but now suddenly, they want to spread it worldwide, what exactly happened?

National strategy.

It’s certainly not something that can be changed at will, but Ling changed it this way.

"Upstart mentality?"

Waite pondered.

Possible.

Poor for too long.

Once rich, it’s easy to float.

"What do you think?"

"Crazy, but reasonable. However, continuing will accumulate risks; the consequences of currency oversupply, everyone knows. But it won’t explode in the short term, Myanmar can maintain it."

"As long as there are receivers, it’s not a big problem."

"The main receiver is Huaxia, but the beneficiary is also Huaxia. So many commodity loans will stimulate Huaxia’s export industries to some extent; project loans have similar effects."

"Perhaps, it’s Huaxia’s proposal."

"Then why doesn’t Huaxia do it themselves?"

"The United States."

This conclusion.

Everyone agrees.

Myanmar is too ’weak.’

Won’t make Europe and America feel threatened, but Huaxia is different. They won’t rashly learn in the short term; the best way is to quietly count money behind Myanmar’s east wind.

"We don’t know if it allows us to apply for loans again this year."

"Hanging."

"Impossible, right."

"Ask and see."

"Okay."

Ten minutes later.

Put down the phone.

"No, all African countries that have borrowed this year can only talk about next year. However, they promise that next year’s limit won’t be lower than this year’s bottom, as for whether it will increase, it’s not said."

This is disappointing news.

But also understandable.

To borrow again.

Rapidly expanding debts will exacerbate the risk of not being able to repay.

"Then forget it, we’ll talk next year."

...

Many African countries are disappointed.

At the same time.

More African countries hold hope, even if it’s slim, but they also want to try hard. Dreams are still needed, what if they come true? They all start preparing project proposals.

Not hard.

Look through projects that haven’t passed before.

Organize them.

Translate them.

Check for any issues.

Mess.

Find a project whose price is not too high, a few billion or ten billion, to avoid scaring them off. Many countries even make calls hoping to visit Myanmar for a state visit.

Build relationships.

...

Asia.

ASEAN countries are even more proactive.

Malaysia.

Laos.

Cambodia.

Indonesia.

...

Seeing neighbors getting rich, they’re also envious. Previously, the scope only covered Africa, leaving them puzzled, ignoring ’friendly’ neighbors next door while running to the neighboring village to give out porridge and rice.

Now.

They too can gain some benefits.

Loans.

Although they need to be repaid, they’re cheap.

All of a sudden.

The official visits’ letters almost made Kan Qin overwhelmed, such scenes let Kan Qin feel the charm of money, and the sense of pride surged in his heart, something he wouldn’t even dare to imagine before.

For a while.

Kan Qin calms down.

Calm.

They are here to ask for money, not giving it, shouldn’t be so glad. Besides, these are just average friends, those wealthy ones won’t stoop so low to come and play.

Now.

It’s merely standing out among tall people.

If all are complacent about this, it’s too unambitious; however, Kan Qin believes that one day they will be truly on top, not just cushions propped up on stools.

As long as Ling exists.

Everything is possible.

...

Huaxia.

Beijing.

"This time, it’s going to be lively again."

"Yes."

"Two hundred billion, quite a big move." Because the main receiver is Huaxia, the Myanmar side has already informed the total amount this time, two hundred billion, with a maximum increase of twenty percent.

That is about two hundred and forty billion.

The key is.

This is just for this year; next year, plus the promised amount to African countries, it might exceed five hundred billion Asia Dollars. Such a huge loan amount, indeed bold, not fearing they can’t repay.

"As long as it’s not too outrageous, it’s still beneficial for us."

"Yes."

"But at this pace, in ten years, it will be unsustainable. I’m truly unsure whether this act, which almost devours all profits of Myanmar system companies, is worth it?"

"Maybe they think it is, extraordinary acts by extraordinary people."

This matter.

Has become an unsolved mystery.

This loan.

Is not entirely borne by Myanmar authorities but mainly by Myanmar Bank Group, because these loans’ final consumption mainly lies in several products of Myanmar Bank Group.

Filtering Solution.

Transcription Fluid.

Medical Devices.

Oasis.

Etc.

Having bought these and made money, Myanmar Bank Group can’t take it all out for use. Otherwise, whatever it’s used for will cause inflation, asset prices skyrocketing, and induce an economic bubble.

Moreover.

Myanmar has no place to accommodate.

Stock market?

Already very hot.

Bond market?

Even more chaotic.

Other financial markets haven’t formed yet.

Therefore.

Most money earned by Myanmar system core enterprises has only one destination---stored in their bank. And it’s the kind that can’t be lent out, which practically means Asia Dollars disappear locally.

Such loans.

The cost is too heavy, heavy to the point of being incomprehensible.