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Chapter 467: Chapter 382: Expand Level One Capital (Subscription Wanted!)_1
Huh?
Looking at the two attributes...
Tang Qing suddenly noticed something was off.
Why did it only increase by twenty-five attributes?
Shouldn’t it be fifty?
One Origin Qi point equaled two attributes, now it’s become one point equals one attribute? At least give me a hint.
"System, bloody hell, come out! Did you gobble up my Origin Qi points?" Tang Qing roared. He had thought by completing Task One, he’d gain more than four hundred origin energy points. Coupled with future level-up rewards, he could directly unlock Level Nine of the Gene Lock. He almost thought he could skyrocket in a blink of an eye, but now one point can only add one attribute, what a pitfall!
"Host, after awakening the Nerve Telekinesis, half of your Origin Qi points will be used to nourish it. Therefore, every point of Origin Qi can only enhance one attribute, but the power of Nerve Telekinesis will also increase," the system explained.
"Does Nerve Telekinesis have a value?" Tang Qing asked.
"Yes. After unlocking the Gene Lock at Level Ten and awakening Nerve Telekinesis, it will display for free. Since you have awakened a higher level earlier, to display the strength of Nerve Telekinesis in personal information, you need to pay 100 million RMB," the system started asking for money again.
One hundred million right off the bat, damn it, do you think money grows on trees?
Looking at his not-so-bulging wallet, Tang Qing decided to drop the idea for now.
Can’t see the value, can’t we test it on our own?
We’ll talk about it when we have more money.
Tang Qing, following the methods noted in "Thought: The Start", found his Nerve Telekinesis had indeed grown stronger. As the name implies, Nerve Telekinesis is related to telekinesis, enhancing intelligence and reaction abilities, and can also influence external objects.
Like before, his Nerve Telekinesis could barely affect a gentle breeze, now he could levitate something as light as a sunflower seed. Tang Qing felt that Origin Qi Points were a damn good hard currency as his Nerve Telekinesis improved so quickly.
Tang Qing put aside the recent events, curiously started to play with Nerve Telekinesis, controlling a sunflower seed, making it fly left, fly right, speed up, slow down... Oh crap. Tang Qing dodged the seed that was flying at him. He still wasn’t adept enough at control.
Even though upgrading the Nerve Telekinesis was compulsive, upon reflection, it wasn’t unacceptable.
Moreover, with both attributes risen to 325 which was extremely overpowered, it wasn’t as simple as one plus one compared with before. Along with the bolstering effect of Nerve Telekinesis, he could make his past self doubt life.
Probably only a Level Three Fighter of present could barely match his current strength. He virtually had no competitors in the real world.
However, now wasn’t the time to focus on his own fighting capabilities. There were still plenty of things to do for the bank task. He had to find ways to issue more Asia Dollars and complete the other tasks of attracting deposits and issuing loans.
Tang Qing sat on the chair in the command room, deep in thought.
According to the introduction of gold coins, there are five ways to expand the issuance of Asia Dollars.
The first method using foreign currency as collateral has virtually no room for improvement. Unless trade is increased, it must be a trade surplus, others must buy a large number of your goods to get money. What can be ’exported’ in large quantities from the territory besides food and gems and jewellery? Almost nothing. So at that time, he could only try to retrieve various foreign currencies in the territory, better than nothing.
The second method, gold, and silver too, could only rely on mining to obtain. At present, the most it could increase the issuance volume by tens of billions each month. If all the gold underground in the territory is mined, achieving the target of three hundred billion is not too difficult, but that would take forever. At most, they could expedite exploration and mining, so this path can hardly be considered broad.
The third and fourth methods relying on the total asset amount in the territory are also difficult to increase as the three percent only yields around 30 billion, which isn’t of much practical use.
As such, Tang Qing put his hopes on the last ’level one bank asset’.
This level one capital, in layman terms, denotes how much asset a bank owns for debt settlement. The Currency Clearing Center’s recognition of level one capital differs slightly from that of the outside world. Here, level one capital includes the bank’s own equity and business assets, the assets of the holding company, loan interest assets, and so on.
Tang Qing glanced at the others, but there was little hope, and it looked too complicated.
In the end, he could only focus on ’bank equity value’ and ’bank held share assets’.
First, increase the bank’s registered capital. This fund can’t just be shuffled around as it’s an asset that must be invested. With the Currency Clearing Center watching, it’s impossible, they need actual funds.
Second, let the bank hold or gain control of some corporations, find ways to increase the scale and profits of the corporations, and then naturally, the level one capital will increase. This can also promote the first method of using foreign currency to expand the issuance scale, earning vast foreign exchange, and then continue issuing, right?
Or in other words, what Tang Qing really wanted to increase was the core level one capital, i.e., the bank’s own capital that can be used to repay debts in case of bankruptcy.
By this point, Tang Qing had a plan in mind.
Although such an endeavor would be impossible elsewhere and the law would bludgeon you to death, and doesn’t have the necessary implementation conditions, over here, he’s the law. So he planned to transfer all the important industries within the territory to the bank, to expand its scale.
It was the only way.
If the other tasks aren’t completed, he could only play around haphazardly. No one could dictate him here, his word is law, and he doesn’t have to follow those miscellaneous general issuance restrictions.
Upon the establishment of this bank, people around will surely be left in awe. Wangsa, and other neighboring inhabitants in different directions, and the government of Myanmar will all throw their gazes over here. This bank will be the focus of attention, and Tang Qing anticipated that the Myanmar government will definitely send someone over, no, not anticipate, they are bound to come.
By then, he can consider negotiating some terms and gaining some benefits.
If the conditions are favourable, even being ’recruited’ under the pretense wouldn’t be an issue.
If the scheme is well planned and acknowledged by the Myanmar Government, then Tang Qing doesn’t mind making some sacrifices. After all, it’s uncertain who will lose and who will gain in the end.
Resisting soldiers with generals, dealing with floodwaters by turning them into canals.
That’s the plan.
Who’s afraid of who?
He had to seriously think about what to do. This was a hurdle that he absolutely had to cross, and there were no other paths to choose. But, as long as he managed to appease the Myanmar government, changing his mind wasn’t an option afterward. He planned to make the Asia dollars skyrocket with this opportunity.
At this moment.
"Commander, the scientists have come up with a plan to modify external communication devices by adding a ’Quantum Communication Module.’" Tang Yi said. 𝙣𝙤𝒗𝙥𝒖𝒃.𝒄𝒐𝒎
"Oh? Is that so? Wait a sec." Tang Qing returned to his room, took out a laptop that he had bought a few days earlier from a drawer. He knew that he could add a quantum communication module to such a device after the upgrade, so he had bought one in advance as a precaution.
He had to say.
The thickness and weight of laptops from this era were really considerable and there’s no chance of getting a thin one, even if you had the money there would be nowhere to purchase it.
Returning to the command room.
Tang Qing handed over his laptop and mobile phone saying: "Take this. Modify both the laptop and the mobile phone. I can’t stand their snail-pace speed anymore. By the way, can the research area design all the parts of the mobile phone?"
"Yes, commander. All the conventional products available in the mall can be improved and produced in the laboratory by the scientists, and the designs of the respective industrial production equipment can also be realized. The design drawings will be uploaded to the mall after all the equipment has passed the testing stage. You can purchase them then." Tang Yi replied.
Tang Qing’s eyes lit up, he said, "That’s great. Let them modify and optimize all the products in the mall, including the most advanced mobile phone screens, CPUs, cameras, and mainframes. Let it not be like any production line in the outside world. How long will it take?"
All that effort just to earn ’foreign exchange’. He must be crazy.
"Commander, it would take about two months if we put ten scientists on the job for the full design and testing." Tang Yi immediately answered.
Tang Qing frowned.
Two months.
That’s a bit too long.
"Tang Yi, ask Little Two to exchange for ten more scientists, so we can speed up the process." Tang Qing ordered. Another billion spent, although there would be next to no funds left at Little Two’s place after this. But since they already spent so much today, another billion wouldn’t matter much.
"Yes, commander."
Tang Qing had already decided that he would greatly support all the industries within the territory in the future. Let the local enterprises, especially the banks’ stakeholding companies’ products go out and earn foreign currency. This wouldn’t only increase the company’s valuation but also increase the bank’s level one capital, thereby expanding the issuance scale and regional influence and forming a virtuous cycle.
Stagnant growth would surely stall one’s progress.
If the lower-end products won’t work, then sell the high-end ones. Aim those high enough to at least take up a spot in the global market. Only then would he be able to complete the task better. Who knows if there would be more outrageous currency issuance requirements in the unknown achievement task (Two).
As for whether the sudden rapid process of industrialization and transformation in an agriculture-oriented place would attract attention, well, he doesn’t care. He’s not standing in front of the public, besides, is it hard to explain? No, not at all. The word "miracle" is enough.
He prefers to stay behind the scenes and waits for things to happen.
Previously, Tang Qing wasn’t very interested in the real economy. He wanted to develop the territory into an area with tourism, agriculture, and mining as the pillar industries. But in order to complete the task, he had to become largely involved in the industry, and it must be the kind that can sell and earn foreign exchange.
He must also push Asia dollars up, or else there would be a deep abyss behind him.
It’s a road of no return.
If he stops.
Asia dollar would die.
He won’t be able to complete the task either.
The system would never let him mess the Asia dollar up.
In that case.
He must let Asia dollar reach its peak.
Tang Qing has no other choices.
PS: Chapter two, one more Chapter, coming later on.
Thanks "Taking a screen name is so hard" and "HIY" for the rewards.
Also, thanks to all the readers for pointing out the mistakes in my writing.
