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Chapter 829: Chapter 721: Automotive Industry (Subscribe please!)
Watching the two figures walk away,
Tang Qing smiled to himself.
Sometimes, he could not help but acknowledge,
the odd sensation of comfort that helping others brought about. Glancing at the electric scooter beside him, Tang Qing was reminded of the automotive industry within his territory.
The mall had a full set of relevant equipment and technology,
capable of producing all the necessary parts for a vehicle, ready to undertake the production of dual-purpose vehicles for both the military and civilian markets. However, the various military vehicles were what those scientists excelled at.
Their specialization was ’effective functionality’, created for ’practicality’...
For instance, body strength, crash structure, safety measures, durability, standardization, and modular design, among others – these scientists performed exceedingly well in these areas. But when it came to comfort, interior design, aerodynamic beauty, and driving experience, they fell somewhat short.
After such an extended period of planning, the automotive industry within the territory had begun to slowly gain momentum.
The main products currently were transportation vehicles and construction machinery; various trucks, lorries, and excavators were already in production but in limited quantities, barely enough to satisfy the construction needs of the Myanmar Economic Zone.
There was no surplus for export.
But once the market reached saturation,
Tang Qing had no intention of selling these vehicles in large quantities abroad.
Because the market for transportation vehicles and construction machinery, compared to the family car market, was too small, and the profit margins for commercial use vehicles were not significantly higher. Meanwhile, for family sedans and the like, Tang Qing had decided not to place their production in the Myanmar Economic Zone.
But rather, within the domestic market.
Because Huaxia had an enormous consumer market with fast growth.
If they were to become imported cars, Huaxia’s high tariffs and industrial protections were no joke. Cars were different from electric scooters; if it were possible to evade taxes through imported parts assembly, there wouldn’t be so many joint-venture factories.
Therefore,
after careful consideration, Tang Qing decided to place all the production of civilian sedans within Huaxia.
And for military and specialized vehicles such as construction equipment, those would still be placed in the Myanmar Economic Zone, especially military vehicles. In Huaxia, no matter how good your vehicle’s performance was, they wouldn’t purchase in large quantities.
Just as the United States had no interest in Huaxia’s equally capable military vehicles that were cheaper, for a country with a well-developed military-industrial complex, purchasing a few for research was feasible.
To buy for use, not so much.
Additionally, the procedures were complex.
So, it was better to focus military vehicle production within his territory. Plus, that way, Tang Qing could leverage the situation by promoting support for local military equipment, persuading Myanmar to undertake a nationwide refit.
It was a plan he had long harbored.
To turn Myanmar into a ’testing ground’ for military equipment.
And to make a hefty profit on the side.
As for where Myanmar would get the money? Did Myanmar even have such a need? Heh, no worries, needs could be created, and if there were no funds, they could take on loans; there were always solutions.
This was just a small part of the plan to replace the Myanmar Kyat with the RMB; once Myanmar spent this large RMB loan, Tang Qing was ready to initiate the second phase—encouraging Myanmar to borrow heavily in Asia Dollars.
It was a necessary process.
Not a single step could be omitted.
Nor could any be skipped.
Replacing the Myanmar Kyat with the Asia Dollar was not something that could be achieved with a mere administrative order. Even if Ling were to take Lang Cai’s position, it wouldn’t suffice, as the implications were far-reaching, beyond what ordinary people might assume.
There were obstacles both within Myanmar and internationally.
If they forcefully made such a hard turn, the Asia Dollar’s future internationalization would be difficult.
Because such top-down imposition was too egregious. If Myanmar became indebted and subsequently unable to pay, being forced to mortgage off the Myanmar Kyat’s issuing rights might be accepted.
But if you force someone into power and then outright abolish the Myanmar Kyat, how could you then operate in other countries in the future? Economic maneuvers were understandable; after all, it was Myanmar itself digging its own grave by borrowing so much money.
But if you resorted to strong-arm political tactics, decisively seizing power, and then forced through a currency reform without justification or process, you’d be feared by all. This breached the rules, and the repercussions could make the Asia Dollar’s future advancement exceedingly difficult.
Once this method was used,
how could the Asia Dollar employ similar strategies in other countries with currency vulnerabilities in the future? Others would restrict its entry from the start with administrative orders because your currency is coveting their political power.
"You think you could get away with it?"
"Even the United States wouldn’t dare to pull something like this."
"Let alone your Asia Dollar."
"So, top-down brute-force political measures are completely out of the question, and we can only start from currency and economic strategies. Otherwise, one play could ruin the road ahead, and then what’s the point? The journey of the Asia Dollar would also come to an end."
"However, this second phase of the plan is still a ways off."
"At least not until the middle or latter part of next year."
"After all, we’re talking about more than a hundred billion RMB, not just fifteen million. It’s not like you can spend that amount so quickly, and the first step of the second phase plan is to push Kan Qin to the front."
"Because neither Lang Cai nor Kundun have the guts or the drive to borrow Asia Dollars in large amounts."
With that thought,
Tang Qing replayed the plan made in the Command Room in his mind.
The corners of his mouth unwittingly curled into a smile. The next year in Myanmar would be anything but calm.
Everything was calculated, and he was just waiting to watch a series of dramas unfold. Tang Qing was eager to see the interesting sight when Myanmar announced the abandonment of the Myanmar Kyat and the promotion of the Asia Dollar.
Just follow the plan step by step,
And success will come naturally.
Heh heh.
The classmates passing by outside had no idea
That this sunny, smiling young man
Was actually plotting the demise of a country’s currency.
......
Soon,
accompanied by a pleasant ringtone, the final exam of Fudan University’s ’05 academic year had ended.
Tang Qing quickly stood up, watching the crowd file out. Lin Jiaxue always maintained a good habit—if nothing unusual happened—she would sit through to the end of every test, regardless of how confident she was about the test paper.
After a short while,
He saw Lin Jiaxue walking out with her three dormitory mates.
Upon seeing Tang Qing,
Lin Jiaxue smiled tenderly and quickened her pace. Zeng Rou did the same, albeit for different reasons. 𝙣𝒐𝙫𝙥𝙪𝙗.𝙘𝙤𝙢
"Tang Qing, have you arranged dinner?"
When it came to food, Zeng Rou was like a hungry wolf, her eyes shining bright.
"It’s not evening yet, no need to rush. Let’s first meet up at the school gate. People from my dorm are already on their way," Tang Qing said with a smile.
Speaking of which,
Tang Qing took Lin Jiaxue’s hand
And mounted his electric scooter.
"Your new ride?" Zeng Rou’s eyes flashed with an unusual light.
"Yeah, pretty cool, huh?" said Tang Qing proudly.
"Not bad, you rich folks really know how to play. Got tired of luxury cars, so you’ve switched to electric vehicles, huh? I’ve never ridden one myself. Why don’t you let me have a go?" Zeng Rou was intrigued.
"Forget it, I’m afraid there’ll be a car accident."
Tang Qing flatly refused.
Zeng Rou could drive, and she even had a driver’s license.
However, the records from the Command Room showed that Zeng Rou had somehow managed to wreck all of their family’s cars, not once, but five times. Those major repair records weren’t faked, and it was pure luck that no one else was harmed. Otherwise, Tang Qing’s attitude towards Zeng Rou would have been very different.
