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Chapter 657: Chapter 561: If you want to sell, sell it thoroughly (Please subscribe!)_1
Myanmar.
At Su Yu’s home.
Like last night, Su Yu is pacing in his study with a furrowed brow.
Logically, today’s progress with Ling should have made him happy. After all, it shows Ling’s strong desire to cooperate, otherwise, there wouldn’t be so many clear conditions. At the same time, Ling has also agreed to the majority of his demands.
But Su Yu can’t seem to muster a smile.
The reason? Ling insists on using the Asia Dollar as the currency for internal trade settlements.
He’s no fool, he’s well-educated, and he clearly knows that changing the currency of a trade settlement has deep impacts on a region. If he agrees, his own territory’s economy will literally be hitched to Ling’s chariot, and he would not be able to break from the entanglement.
If they were to settle trades using other currencies like the US Dollar, he and Ling would be on equal footing, with the possibility of ceasing their relationship at any time.
But if they were to use the Asia Dollar, his money would be under someone else’s control. Anyone could freeze his assets at any time, leaving him no alternative but to follow Ling, no matter how dark the path in front seems, he’d have to continue down it.
Ling explained the scope of the trade settlement currency. It wasn’t that he wouldn’t get any foreign currency at all.
Like other merchants within the territory, whatever surplus value you create can be exchanged for foreign currency without any restrictions.
Which means,
in internal trade between the two parties, Su Yu would likely be the provider of raw materials. When he sells raw materials to Ling, there would definitely be a profit, and Su Yu could decide whether to exchange this profit for foreign currency.
The Myanmar Bank will not obstruct this.
For example, the business owners within the territory.
After they make money, and deduct all costs and taxes, the remaining profit can be exchanged freely into foreign currencies at the Myanmar Bank. There won’t be any restrictions, but the precondition is that all loans in Asia Dollar have to be repaid.
Now, Su Yu has two options.
First, borrow a large amount of Asia Dollars from the Myanmar Bank, then use it to buy tools and technology from Ling to produce or mine industrial raw materials, and purchase infrastructure materials, finished commodities, etc.
Since Su Yu’s territory is so vast, with a population of over a million, this means that he would owe the Myanmar Bank a large debt. If he wants to exchange currency to foreign currency, it would probably take a long time.
Second, Su Yu can purchase these things directly from Ling using the cash or foreign currency assets he has on hand in Dollars, Myanmar Kyats, Thai Bahts, RMB, etc. Then, once the trade is completed, the profits earned by Su Yu’s companies can be immediately converted to foreign currency.
What’s the difference between the two methods?
There’s not much difference, actually.
It just boils down to whether or not it requires an outlay of his own money. 𝓷𝓸𝓿𝓅𝓊𝓫.𝒸ℴ𝓶
Su Yu is torn between the two options. At the bottom of his heart, he is inclined towards the first one. After all, the prospects of this collaboration are uncertain, and he is reluctant to take out his own hard-earned money to buy Ling’s equipment. No matter how he thinks about it, he just can’t accept it.
But, if he borrows from the Myanmar Bank, then he’d truly be bound tightly to Ling, unable to break free in the short term.
Su Yu is really torn.
Suddenly,
He thinks of his wife.
After some thought, Su Yu feels that it’s better to brainstorm. Compared to his bunch of bumbling brutes, his wife is much more reliable. After all, she would never harm him.
Immediately, Su Yu rushes back to his room.
At this time, his wife is reading a book in the bedroom. Seeing her husband hustling into the room, a hint of strangeness crosses her eyes, and she asks, "What’s the matter?"
"Well, this afternoon, Ling and I talked, and we’ve agreed on our conditions for the most part. There wasn’t any significant dispute, but they proposed a condition that’s giving me a headache..." Su Yu explained the details of the negotiation to his wife.
After hearing this, his wife remains silent for a moment, then lifts her head to seriously say, "I think we have no other choice. Ling has offered us a clear path, and it’s the only path."
The only path?
Su Yu hurriedly asks, "Oh? Do tell."
"Firstly, do you feel willing to take out our hard-earned Dollars or other real cash to buy equipment and construction materials?" his wife retorts.
"Not willing." Su Yu shakes his head.
His wife continues, "So that’s it then, since we don’t want to spend our own money, we have no choice but to take out a loan in Asia Dollars. There’s nothing to consider about that, but the key points are two-fold.
First, the loan amount. This dictates how big we can go and how much we can buy.
Second, supply share. You should know Ling has many raw material suppliers. Since Thailand is currently the only export direction for Ling’s goods and an obligatory route, Ling and the Thai clans have deeply rooted trade relations.
So, it’s not possible at all that they would give us all the supply shares, and even getting half is uncertain.
Besides these, there are some minor issues that need discussing, like interest, repayment methods, timing, types of raw materials, outsourcing business, and so on. You need to consider these factors."
After hearing his wife’s words, Su Yu feels an enormous headache. How could there be so many matters to handle? And then says, "That reminds me, Ling also suggested establishing a branch of the Myanmar Bank on our side. What do you think about that?"
"This... can be considered. It seems Ling has grand ambitions, and so does the Asia Dollar. I guess Ling is likely aiming to include our side into the circulation of Asia Dollars."
Su Yu jumps, "Doesn’t that mean taking our territory? No, absolutely not."
"Do you think we have a choice?" Su Yu’s wife smiles bitterly. She knows it’s not that her husband is foolish, but rather it’s the influence of his ’dominant’ mindset. Before, Su Yu’s word was law in all matters. Now there’s a supreme authority above him. How can he bear it?
"What do you mean?" Su Yu asks with uncertainty.
"Did you come across two groups of assassins this morning?" His wife asked.
"Yes." Su Yu nodded.
"Well, there you have it. Myanmar wants you dead, and Ling, they don’t want you dead. It’s the trend now; Ling wants our raw materials, market, and labor force... We... can’t escape being pawns after all."
The tone of Su Yu’s wife was filled with bleakness. As a woman, what she fears the most is not being broke, neither being powerless. She’s not even scared of her own death; rather, it’s the safety of her husband and child. She wants a family.
This is the reason she chose to cooperate with Ling.
Though Ling’s people have never threatened her, they did give her hope that Myanmar couldn’t.
"..."
Pawns?
Upon hearing this word from his wife’s mouth again, disregarding personal feelings, it seemed like he genuinely had no choice. These were two factions who could kill him at any given time. Currently, there’s no room for reconciliation with Myanmar.
After the two groups of assassins were caught, in the afternoon, Myanmar’s soldiers advanced one kilometer, returning to the standoff from before.
And Ling.
This giant crocodile who’s still comfortably in control of the game, they also seemed to have completely taken him into account. He wanted to resist, but facing Ling, or even the big shot manipulating things from behind, he really has no confidence at all.
Seeing the virtuous wife in front of him, Su Yu didn’t know what to say anymore.
He sighed.
"Fine, I’ll try to fight for our interests. There’s no need to dig our own graves alongside anyone. In this money-driven society, as long as I can ensure the safety of my family, I have no other pursuits." Su Yu seemed somewhat despondent.
His wife hurriedly walked to embrace Su Yu. At this moment, all her man needed was a hug.
Holding his wife tightly in his arms.
There was a hint of viciousness in Su Yu’s eyes.
Damn.
Myanmars, you dare to send people to kill me. Don’t blame me for selling you out completely. Just you wait.
If I have no choice.
Both parties are wolves. It makes more sense to align oneself with one party. At least, for now, the benefits of siding with Ling seem more substantial. This also rids him of his resentment, all these years he has been in a standoff with Myanmar, regarding them as the enemy.
The Asia Dollar, let it come in as it pleases.
If he’s disqualified from controlling the game.
Then let’s see who will win this game, Ling or Myanmar.
Su Yu suddenly started looking forward to it. If Ling wins, it will be interesting. Su Yu had made up his mind, if he’s going to sell out, he’ll do it completely, fighting for as many benefits as possible.
"..."
Tang Qing in Shanghai had no idea that Su Yu, this ’tyrant’, suddenly grew audacious facing peril, and his hatred towards Myanmar reached such an extent. Things seemed to be progressing towards an unforeseen direction.
Next day.
Early in the morning.
Su Yu, with dark circles under his eyes, looked at the condition form he spent all night composing. There was a flash of hesitation in his eyes, but he made the decision, dialing Ling’s number.
If he can’t keep up with the times anymore,
Let him witness the rise of a new era then, hoping Ling won’t let him down.
"..."
Eight in the morning.
Tang Qing and the others had already gotten up.
After washing and having a delicious breakfast, they did some morning exercises while waiting for the drawing teacher to arrive.
Today,
Yunxin woke up early as usual, helped harvest the vegetables from home, cleaned them and put them in a basket, then rode a tricycle with her father to the market. Knowing his daughter has found a part-time job as a home tutor, Yunhai didn’t want her to come.
But Yunxin insisted on accompanying her father to the vegetable market, then riding her bicycle to the villa area.
Following the signs.
Yunxin arrived at Tang Qing’s villa. Looking at the vast villa, Yunxin didn’t feel the least bit envious. As far as she was concerned, as long as there is family where home is, that’s enough; as long as there’s a place to live, she’s satisfied.
Looking at the black-clothed bodyguards vaguely visible inside the villa, Yunxin could imagine how wealthy a family living here must be. This is the largest villa in the whole area; others just live here for a couple of days on weekends.
She shook her head.
Yunxin pushed her bicycle to the iron gate.
About to press the doorbell, a burly man in black suddenly appeared from within, ’click...’ opened the iron gate.
"Miss Yunxin, please come in."
