Rebirth

November 7th.

on Monday.

Beijing.

The Long Cai entire group arrived at Beijing Airport at 10:10 in the morning.

Since it was not a formal state visit, it was just a matter of negotiating the RMB loan. Therefore, it did not do much. It was just in accordance with the general foreign guests’ reception process. The Langcai entire group was received in the living room.

All collateral information and application materials were communicated to the capital on Friday, so there is no need to discuss it. The capital city has completed the preparatory work in the early stage.

Only after Langcai agrees to some conditions, the loan will be officially approved. The specific loan meeting will of course not involve the big leaders. They have a lot of time and time.

So I left after politely meeting.

Only those who leave business, diplomacy, the central bank, and the head office of the four major banks.

The meeting was chaired by Zhu Wei, the central bank governor.

The business department is responsible for the negotiations.

To be honest, it is reasonable to say that Zhu Weilai should not be presided over. After all, the central bank is the currency issuing institution of the renminbi. It does not operate outside the country and has no rights to borrow, but this time, Hua Xia Bank wants to obtain the banking license of Myanmar.

This will definitely involve the liquidation system of the central banks of the two countries.

That is the scope of the central bank’s business, and the four major banks can’t decide.

“President Lang Cai, once again welcomes you to visit China. The loan application of RMB 160 billion is agreed in principle, but we have several requirements on the details.”

“Please say,” Langcai said.

“You mentioned the use of RMB loans in the use of loans, mainly for the purchase of construction materials, machinery, equipment and services in China. We thank you for your trust in China and the RMB. Thank you for your support to our domestic enterprises. .

You propose that 40% of the loans will be clearly used by Huaxia’s service providers, but we hope to increase to 70%. You also know that we are in addition to roads, bridges, railways, airports, terminals, power stations, etc. The project has a wealth of experience.

There are also many inexpensive products in automobiles, industrial equipment, heavy machinery, and metal smelting. In the technical field, there are many possibilities for cooperation. I think 70% is not a high number. ”

In the email sent before.

Myanmar’s planned railways, long-span bridges, airports, terminals, hydropower stations and other projects have been clearly pointed out to be handed over to Huaxia’s companies, with a total investment of nearly 70 billion yuan, but many other projects do not have a clear ‘going’ .

So I have the conditions to increase the ratio this time.

This money is not the renminbi, it can only sell things in China, such as building tenders, Huaxia companies can come, foreign companies can come, and the domestic companies are not to say.

Huaxia company has won the bid to make money, which is generally used for business operations.

However, after the companies in other countries win the bid, the money earned may not necessarily be invested in the country. For example, the company that is married to Myanmar, the yuan will be converted into the kyat, where is it exchanged? Of course, it is to find the central bank of Myanmar.

What about the Central Bank of Myanmar?

Naturally, the kyat is given to the company, the renminbi earned by the company is collected, and then it is deposited as a foreign exchange reserve of Burma, and at some point in the future, it will be paid to Huaxia Bank as interest or principal.

Short time.

It is impossible to enter the market at all.

Therefore, it is necessary to increase this ratio. The main purpose is to let the renminbi enter the Chinese market and promote economic development instead of precipitating it or being hedged by trade between the two countries.

Lang Cai tries to keep said with a slight smile: “This ratio is a bit high, we have to take into account our domestic employment problems, 40% of the proportion is previously promised, increased to 45 percent. I think that just as much as we import on other goods, we can increase the proportion of industrial equipment in China…”

“President Lang Cai, I also know the employment in Myanmar….”

Every point in it.

It represents not a few hundred million, but a flow of funds of more than one billion.

As long as you win more than one point, you can create more than one billion investment in the country. Therefore, the competition on this is a spare effort. Fortunately, everyone has a number, and the last time this stays at 50%.

It is also a great joy.

This money Huaxia won the 50% nine, does not mean that the Burmese will lose money, those who contributed to the loan in the back do not care, a lot of things they really do not have to buy, must buy from China.

Among them, the infrastructure has taken another big part in this plan. This is also the reason why they are eager to raise the ceiling. It is because, according to the previous 80 billion scale, the projects they got were sweet, but they are far from the present.

“Second, we hope that Myanmar will open a photo of China’s open bank access, allowing Huaxia’s banks to engage in banking services such as deposits, loans, currency exchange, and credit consumption in Myanmar. I think there will be a meeting place for this loan. Positively, we want to apply for four bank licenses to support the normal flow of funds between the two countries…”

“…”

“…”

Near noon.

Negotiations have only been carried out for a small part.

After lunch.

Negotiations continue.

Nearing the darkness, the terms of the entire loan were finally settled.

First, all loans are at least 50% nine for the purchase of services and merchandise in China.

Second, Burma issued a banking license to Huaxia Industrial and Commercial Bank and Huaxia Construction Bank, allowing the two companies to enter the Myanmar banking industry and carry out general banking operations such as deposits, loans and exchanges.

Each bank can open no more than two branches in the city above the level of Myanmar, open no more than five branches in the capital of Myanmar, and cannot settle with the central bank’s US dollar foreign exchange reserves. The credit card business promises to be open after three years.

. . . . .

The remaining dozens of main topics are the agreement on bidding and other details of some projects.

It can be said.

Long Cai had a headache in the morning, but fortunately he was not the main negotiator, but he needed to make a final decision on some big interests.

The rest is the negotiation between the zero and Huaxia business departments.

This is the next.

Zero negotiation ability is only one after another. Let Lang Cai feel relieved. Before they were all smashed, they couldn’t be stunned every time. This time, zero is to help themselves. Looking at the bitter face of the opposite side, Langcai feels good.

The zero negotiation ability also left a deep impression on the Chinese side.

In general, it is a happy situation.

. . . . . .

at night.

Tang Qing watched the minutes of the entire meeting.

The credit card they mentioned made him interested.

In order to be active in the economy, overdraft consumption becomes inevitable. In the future, the main part of the stimulus to domestic demand is the expansion of the loan population and scope. However, Myanmar does not allow foreign banks to carry out credit card business.

However, the Bank of Myanmar Group can do it, not in other places, at least in the Myanmar Special Economic Zone, and as a test field to prepare for the future.

To know.

Credit cards are important cash cows for banks.

in western countries.

Credit cards are the real money-making things. As for other ordinary loans, the money is just a small road that’s all, especially for Western banks that have long-term low interest rates, 3%, 2%, and can earn a fart.

In New York, USA.

Eighteen percent of the annual interest violates civil law.

20% Five annual interest rates violate the criminal law and can directly arrest people.

Credit card interest can be as high as 3% forty. No one is bound. It can be said that in the United States or Western countries, credit cards are the only legal usury and the biggest source of profits for bankers.

At this moment.

Tang Qing finally understands how cruel and sharp the Alipay and WeChat, as well as the interests of foreign banks.

Past life.

Alipay and WeChat payment want to enter the foreign market, get approval, but they are blocked by layers. In the end, it can only be lost. In the country, Tang Qing is actually strange.

But this moment.

From the perspective of bank interests.

These two distinguishing things are really the same as the enemy.

Because these two distinguishing things are robbing the bank’s profits, it is determined that it will be strongly resisted by other countries’ banks. If you want to go to those countries and want to be legal, it is basically impossible.

For example, Alipay wants to enter the US market.

First, Alipay wants to lobby the US Supreme Court to make this change system legal in the United States.

At the same time, we must lobby the 50 states of the United States to persuade the legislatures of each continent. Finally, we must convince the Fed to let it relax the supervision of the banks. We must also amend the Fed’s financial supervision bill.

Good guy.

this road.

It’s not a company that can go, and this situation is similar in Western countries. You can’t get in, because you are challenging the interests of all the local banks, and you won’t be allowed to enter the law.

To put it bluntly, Alipay and other mobile phone payments can be successful in China. That is, the domestic banks have not responded, they have been caught off guard, and want to go to foreign countries, especially Western countries, how is it possible.

The opportunity to make a move will not be given to you.

Tang Qing is opening a bank.

If there are such two payment methods in the Myanmar Special Economic Zone, he can do very simple, either by recruiting into the Burmese banking system or by blocking it, and it is impossible to live in peace.

There is no relationship that can coexist. Huaxia is a vacuum of market rights and laws that emerged in a special market segment. As the trend rises, there is no such opportunity except for China.

Even if the later generations are in the nearest island country, don’t look at the news about how hot it is, and how many thousands of registered businesses.

It is only used to meet the people who travel to China. The real island people use less than 1%. This 1% is basically a trip or a trip to China. Generally, the islanders do not need it.

The seemingly hot data, tens of thousands of island-registered merchants, the number of 1% users, is actually meaningless.

The most important thing involved is interest.

You have drawn the funds of the retail investors into your own account, and the profits of the banks are gone. If you still want to participate in consumer loans, it is in the corner of the bank, if it is extended to the loan business of all industries.

Nothing to say.

The bank is definitely not doing it. These two guys are bound to be recruited by the central bank.

therefore.

The scale of these two parties has been restricted, waiting for the improvement of China’s relevant laws. Although these two payment methods will not die, they will eventually be caged and enter a stable development track.

Alipay and WeChat’s change payment system.

And all banks are almost natural enemies.

They want to be hostile to the banking system of the whole world.

Winning the game is not difficult to guess.