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Chapter 1395: Chapter 1242: The Second Station (Please Subscribe!)
Evening.
A lavish banquet was held at Shanda Locke.
Once again, they warmly welcomed Kan Qin’s arrival.
At the banquet.
For Kan Qin.
Everyone eagerly tried to please; having money was king here too, a golden rule they all believed in. As long as both parties kept cooperating with such ’tacit understanding,’ their wallets would never run dry.
At the banquet.
Looking at these Mozambique interest groups.
Kan Qin’s face was full of smiles.
Sometimes.
The existence of these people indeed facilitated many things. Just throw out some interests, and these people would figure out all manner of ways to make Mozambique swallow it, regardless of whether the interest comes with a touch of ’poison.’
As long as they have meat to eat.
They don’t care.
...
That same night.
In the United States.
All major newspapers’ international news sections.
Reported on Kan Qin’s visit to Mozambique; naturally, the media took a condescending view of the behavior of this ’jumping’ upstart country.
A nouveau riche gets wealthy.
Buys cars and houses.
It wouldn’t be right not to poke fun.
All owed to such a juicy topic.
"An impoverished country provides aid to another impoverished country!"
"Using its own printed currency to purchase another country’s resources, Myanmar’s economic masterstroke!"
"..."
In short.
If they’re not settling in dollars.
They’ve given everyone plenty of reason to look down on them.
Of course.
There were also some more serious media outlets.
"Yesterday, Myanmar Vice President Kan Qin visited Mozambique and plans to offer a project loan of 100 billion Asia Dollars, about 13 billion U.S. dollars. His actions in laying out his strategy in Africa must be watched with caution!"
Among these.
It was analyzed that it was not because they lacked U.S. dollars, but rather a strategic move to reduce their reserve consumption of U.S. dollars, potentially challenging the status of the U.S. dollar as the international currency for commodity settlements.
This point.
Has been recognized by many international strategic analysts.
However.
As long as the U.S. dollar and oil settlements aren’t challenged, even if they’re jumping around, the U.S. government lacks sufficient motivation to intervene against such lending practices. Otherwise, why don’t you make the loan?
If that were the case.
Congress would definitely have a few choice words.
Damn it.
Mozambique is so poor.
How will they repay the loan? All for a lively little guy? That’s a joke, right? If it leads to trade friction, economic damage is one thing, but wouldn’t it also be embarrassing?
Hence.
With these considerations in mind.
Experts decided to wait and see. If a threat emerged later, then it would be time to clamp down with a heavy hand.
The United States.
Has the capacity to do so.
...
On the third day.
Kan Qin left Mozambique.
His first diplomatic visit.
Successfully completed.
In all aspects.
He laid the foundation for future trade and exchanges, especially in electricity, which is the core of future bilateral trade because without power, a true ’consumer market’ cannot exist.
With electricity.
Most industrial products can function.
Suppose.
Mozambique’s power grid becomes widespread.
Just household electrical appliances alone.
A conservative estimate would put their annual new sales at no less than 100 billion Asia Dollars, not to mention the popularization of other electric consumer goods, resulting in a market that’s increased out of thin air.
And this.
Is the outcome both Kan Qin and Huaxia would like to see.
Thinking of this.
Kan Qin couldn’t help but feel cheerful.
They have taken the first pit.
Future.
Other countries that want to come in will have to play by their rules.
After the plane took off.
Kan Qin looked at the scenery outside the window.
His mind wandered; Africa is beautiful, but underdeveloped. Apart from natural resources, there is hardly anything impressive here. Fortunately for them, otherwise, they would not have a role to play.
Next stop.
---Congo Gold.
Kan Qin was actually very unfamiliar with this country. His visit this time was also after quite a bit of homework done, and he found that Ling had a basic criterion when selecting ’loan countries’.
---First, a stable political climate.
---Second, the boldness to reform.
---Third, rich natural resources.
Without these three aspects.
There would be no talking about debt repayment capabilities.
Congo Gold.
This past year has been full of actions, starting with Waite’s rise to power, using the money from the previous president’s sale of mineral deposits to invest in a lot of infrastructure, and later, even introducing Huaxia’s steel capital.
---Wan Qing Mining.
This company.
He had looked into it thoroughly.
It belongs to Tang Kai’s nephew; to be honest, he really couldn’t understand why Tang Qing, a kid, would be interested in mining and heavy industry affairs, even spending a huge fortune.
This money.
He knew it was borrowed from the Myanmar Bank Group.
As for the specific collateral.
He didn’t know.
Presumably, it was Tang Kai who orchestrated this loan for his nephew, otherwise, given the Myanmar Bank Group’s stinginess, it would have been impossible to lend to Tang Qing, who had never had a history of cooperation.
And it was a loan in US dollars.
Now.
This company in Congo Gold is thriving.
Afterward.
Tang Qing and some influential people in Congo Gold set up the Congo United Electric Grid Corporation. This company, predictably, will be an extremely important enterprise in Congo Gold’s future.
Because.
It almost controls the nationwide electricity supply in Congo Gold.
Now.
The construction of the power grid is going on vigorously. With this development, Kan Qin even feels that this is one of Ling’s strategic moves, just like in Mozambique; once there is enough electricity, the entire ’industrial product consumption market’ will be activated.
This speculation.
Took root in Kan Qin’s mind.
And began to sprout, eventually becoming inescapable - this possibility was too great. If even Tang Qing’s steel company and the Congo United Electric Grid Corporation had Ling’s influence...
...That would be too frightening.
Perhaps.
This could also explain.
Why Tang Qing could casually borrow close to a billion US dollars from the Myanmar Bank Group to come here for mining. Thinking of this, Kan Qin had a new understanding of Tang Qing and his uncle; these people... have connections!
...
Before noon.
The plane arrived in Congo Gold.
Just like Mozambique.
For those bringing money.
President Waite personally came to the airport to welcome, mainly because few people come here; since his taking office, there have been almost no state visits calling on them. On this first occasion, Waite too was thrilled for a moment.
Finally.
Remembered by someone.
And it’s a financier at that.
After a warm exchange of pleasantries, the two got into the car. With the experience of his first time in Mozambique, Kan Qin in the car had already leveled his mind; he’s here to deliver money, not to take a leisurely tour of the Grand View Garden.
There must be dignity.
Quality.
At this time.
Sitting in the front car, Waite was pondering how to maximize their interests; he thought they should strive for more in terms of commodity and project loans because Congo Gold is much larger than Mozambique.
Whether it’s the population.
Or the area of the land.
It’s more than three times that of Mozambique.
More people.
Means more demands.
Moreover.
Congo Gold does not have a port to the east; to the west lies the Atlantic Ocean, and the United States, resulting in a high cost of imports of goods, and the annual trade deficit-induced debt pressure is also a cause of his constant headaches.
Only when you run a household.
Do you know everything is expensive.
