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Chapter 744: Chapter 645 Bank License (Please Subscribe!)_1
The next day.
Lang Cai’s trip to Huaxia was confirmed.
After discussions between both parties.
On November 7th.
Lang Cai will be accompanied by Ling and his entourage, officially heading to Beijing, to negotiate with the concerned departments about this loan of up to hundreds of billions of RMB. To ensure the smooth completion of this loan, Myanmar has started another busy week.
Because when the time comes, someone from Huaxia is bound to inspect the collateral.
City appearance.
City outlook.
It needs to be taken into account.
It can’t be left messy.
Fortunately, Myanmar is an agricultural country, without the diverse types of municipal waste seen in large cities. As long as there’s a good cleanup, the living environment in Yangon is excellent, but it’s a pity that they are about to relocate their capital to the north.
The future city development centre will certainly be in the new capital--- Naypyidaw.
In terms of resources.
They have to tilt northwards of course.
To seize this historically significant development opportunity.
Myanmar is all in, sparing no effort to ensure they do not embarrass themselves by taking a leaf from Huaxia’s book, and giving the collateral a good ’packaging’. Those peeled off were repainted immediately; those whose walls have fallen were hurriedly mended; uneven roads were promptly repaired.
Although the content remains the same.
But packaging needs to be completely renovated, they cannot lose face.
....
That night.
Back at the house near the school.
Tang Qing started reading documents on his computer again.
Lin Jiaxue, on the other hand, was in the kitchen across the room, learning to cook with the fighters.
Even though they had the fighters now, and Tang Qing had tried to dissuade her several times, saying the fighters were enough, Lin Jiaxue still felt that a woman should cook. Otherwise, when their child grows up, he wouldn’t have tasted his mother’s cooking.
This was something Lin Jiaxue could not accept.
Tang Qing, hearing this, had to agree it made some sense considering the determined look in Lin Jiaxue’s eyes.
So, Lin Jiaxue has been taking time to learn cooking with the fighters these days. Lin Jiaxue also discovered that the fighters’ cooking skills, though excellent, were not out of this world. The main reason the dishes were delicious was because of the ingredients.
And the seasonings, too.
She noticed that all the seasonings used here were of the same unknown brand. Soy sauce, salt, cheese... Everything used for cooking, whether edible or not, all had the same packaging.
Even the fennel, star anise and the like were all different from the usual. They all seemed to have unique characteristics, with a strong, distinct aroma. These of course were products of the training camp, grown on Tang Qing’s orders.
The finest ingredients.
Combined with the top seasonings.
And the best cooking techniques.
That’s how the finest dishes were made. In just a few days, Lin Jiaxue learned several dishes and eagerly cooked them for Tang Qing. And sure enough, with good ingredients used properly, delicious food was inevitable.
So then.
Lin Jiaxue was tirelessly devoted to learning to cook.
Because, she said:
This is what a home feels like.
In the living room.
Tang Qing was looking at the content displayed on his laptop.
This was the meeting recap from Huaxia regarding this loan to Myanmar. The Beijing side was very excited about this loan. With 1.6 trillion coupled with Ling’s 1 trillion, it adds up to 3 trillion RMB of loan.
It practically dazzled the banking executives.
Due to the enormous amount, it was an RMB loan, thus the Central Bank divided it among the four state-owned commercial banks for joint lending.
The main banks dealing with the Myanmar domestic areas were the Industrial and Commercial Bank and the Bank of Construction, while the Agricultural Bank and the Bank of Communications mainly dealt with the loans for the Myanmar Economic Special Zone. For such a large loan, the four banks were naturally delighted.
If they were domestic.
Even projects of over 10 billion would be commonplace as they were too many, a lot of projects such as high-speed rail, railways, highways, large-scale water conservancy, key technology breakthroughs and so on. Spending over 100 billion RMB was hardly unusual.
But this time it concerns a loan to foreign governments and corporations, which is entirely different. When it comes to lending to domestic corporations, outsiders wouldn’t pay much attention. But a loan to a foreign government, now that’s a matter of pride.
The only issue now under debate is the bank license.
Yes.
The bank license in Myanmar.
Until now, Myanmar’s banking industry has been in a state of isolation.
Foreign banks do not have branches in Myanmar, and neither does Huaxia.
This loan.
The important aspect is helping the four major banks obtain a banking license in Myanmar. 𝖓𝔬𝖛𝔭𝔲𝖇.𝔠𝔬𝖒
Allowing Huaxia’s banks to conduct banking business within Myanmar is a significant step towards the internationalization of the RMB. Therefore, obtaining the banking license is as important as this loan.
Huaxia’s minimum goal is to obtain one banking license, as this would already be considered a breakthrough from zero to one.
The fun part is,
Myanmar also anticipates that Huaxia will make such a request.
But what they are debating is not whether to agree, nor how many to give, but rather many people are considering amending the "Myanmar Financial Institutions Law". The requirement for the establishment of private banks has also been proposed.
The reason is that they anticipate a significant leap in Myanmar’s economic development, leading to an increase in economic activities, the activation of local capital, and a rise in people’s consumption levels.
In order to find a safe place for their funds and legally enter the highly profitable banking industry, it seems more in line with their interests to establish a private bank.
What part of the bank’s business yields the highest profit?
Not commercial loans, nor home or car loans.
It is the credit card. This is the true source of profit. In the United States, credit card consumption is legal usury. In many states, an annual interest rate of over 20% is illegal and will result in arrest.
As for credit cards... No one bothers even if the rate is forty to fifty percent.
In modern society,
Credit cards are essentially legal usury and the most stable, substantial source of profit for bankers.
Consequently,
Things have heated up in Myanmar again.
Tang Qing felt like laughing, wondering what the heck was going on. They put their main task aside and started working on this matter. It was amusing. But Tang Qing knew that Lang Cai would definitely not agree at this point.
The reason is the shadow cast by the Myanmar Bank Group.
The Myanmar Bank Group has now introduced the Asia Dollar. Although these people do not have such abilities,
Lang Cai is very sensitive to matters related to banks. It would be acceptable for Huaxia’s bank to obtain a banking license, but issuing a large number of private bank licenses would absolutely not work.
"Tangtang, it’s time to eat." Lin Jiaxue called Tang Qing back to reality.
She didn’t curiously peek at what Tang Qing was looking at. As she felt that her insights to company matters were biased, she didn’t want to influence Tang Qing’s decisions.
"Ok."
Tang Qing closed the computer.
The content within was immediately deleted.
All these confidential information are instantly transmitted from the command room, and only Tang Qing can see it when he wants to. When the computer is closed, it disappears. Anyone who comes to look will only see a regular interface.
Not even a trace of the browsing history will contain anything that should not be there.
Sitting at the dining table,
A table full of delicacies.
Tang Qing spotted at a glance that five of the dishes were made by Lin Jiaxue. It is quite simple. The fighters all have mild obsessive-compulsive disorder, and they are extremely particular about plating, and they can also do it well.
Lin Jiaxue’s plating is not necessarily flawed, but it is not as exquisite. Or it can be said that the details are not as obsessively controlled as the fighters. In the eyes of the fighters, Little Two’s visual coverage is accrued.
The precision of plating can be controlled to 0.1 millimeters.
Most people simply cannot compete.
"Tangtang, tell me which ones I made?" Lin Jiaxue curiously asked after taking off her apron.
"Hehe, you lost again." Tang Qing chuckled. He had guessed it right a few times before, even without tasting it. Lin Jiaxue refused to admit defeat and started a bet with Tang Qing using positions as a wager.
Unfortunately,
Lin Jiaxue hasn’t won until now.
"These... these... five. Am I right?" Tang Qing said victoriously. Even without the fighters’ reminder, he could tell.
Lin Jiaxue looked disappointed and said, "Tangtang, how can you tell? I think they all look the same!"
"It’s a secret, a secret. If I told you, wouldn’t you win? But there’s improvement, it’s delicious." Tang Qing picked up a big piece of roasted tenderloin and stuffed it into his mouth. It tasted of cumin, crispy on the outside and tender on the inside, delicious.
Lin Jiaxue could only blush.
Meanwhile, she couldn’t help but fabricate some images in her mind. Being constantly exploited by Tang Qing, she already felt that she was not a good girl, knowing so many... positions.
Her beautiful eyes glared at Tang Qing like a body of water.
Tang Qing found it tantalizingly tempting and quickly ate up, knowing that only with a full stomach would he have the energy to exercise later.
"Ding ding ding..."
Tang Qing’s mobile phone suddenly rang.
When he picked it up,
The screen read "Idiot Ayman."
This is the name Tang Qing gave to the Saudi prince.
