After World War II, Japan's economy recovered rapidly. In 1954, its various economic indicators exceeded pre-war levels. In order to further develop and obtain resources, opening overseas markets has become key.
East Asia, which has a large population but backward industry, has become the primary dumping ground for Japanese goods. However, the countries in Southeast Asia are really poor, have chaotic political situations, and are not willing to make progress.
Nanbang has been poorer than Beibang for a long time, and it only started to develop in the 1970s. On the contrary, the flower growers who are engaged in socialist construction have a prosperous economy and a broad market.
This was also an important internal reason for the normalization of diplomatic relations between China and Japan in 1972. After that, ideology was no longer an obstacle to the development of relations between the two countries. Even though the politics were often cold, the economy always maintained steady development.
However, it is obviously not enough to rely on the flower growers' own capital accumulation to meet Japan's sales demand. Therefore, starting in 1979, Japan promoted yen loans to China.
Use Japanese money to buy Japanese equipment, make money from the products produced, and then repay the debt.
Compared with loans from the World Bank and the International Monetary Fund, Japanese yen loans do not have many political demands and do not have harsh additional conditions.
These loans are relatively simple, with low interest rates and long cycles, making them a relatively conscientious win-win situation.
Japan promoted its products, gained markets, and promoted the development of its own economy. Domestically, it obtained funds and technology at a lower cost, accelerating socialist construction.
A total of 3.2 trillion yen, or about 30 billion U.S. dollars, were disbursed in these loans. By 2007, this low-interest loan ended. We no longer need it.
In the past twenty years, large-scale domestic projects have basically involved Japanese yen loans. A large number of Japanese construction machinery has poured in and appeared on domestic construction sites.
There are many countries that take out yen loans, including those losers in Southeast Asia. But those who can really develop are the flower growers who have always been self-reliant - so money is important, but hard work is more important.
For Japanese yen loans of a government nature, Japanese commercial banks also hope to find good partners. However, before the 1990s, there was no private economy in the country, and they could not find a target for loans.
When "Shengguang Entertainment" sold comic books in Hong Kong, "Sumitomo Mitsui" was keenly aware of the breakthrough significance. "Shengguang" is a private group enterprise with a mainland background, and it is developing rapidly and has abundant cash flow.
As for the issue of whether selling comic books is "environmentally friendly" or not, that's not an issue at all. As long as you make money, what if you smuggle it to Japan on a small fish boat? That's your ability.
Watanabe was a little selfish when he pushed for third-party auditing. He went back to Japan several times to recruit people and saw that domestic companies were in trouble and unemployment increased sharply.
At this time, the Bank of Japan desperately tightened its monetary policy, causing Japanese companies to suffer massive losses. This kind of retarded approach is beyond imagination.
But banks need to do financial business. If they don’t lend money, wouldn’t they be sitting on nothing? If money is left in the vault, you can’t have children, so you have to loan it out.
Watanabe had already contacted Sumitomo Mitsui in Japan and recommended Holy Light. However, the Bank of Japan is not a philanthropist and must know how much assets Holy Light has.
Watanabe then went around in a circle and strongly requested the introduction of a third-party audit - he knew that if the Bank of Japan audited it directly, this matter would never be solved.
The results of the audit are very encouraging. The Holy Light Group is not a cash cow at all. It is a money printing machine, creating excess profits every minute and every second.
Watanabe introduced more than 200 Japanese employees, and the addition of these people also gave Sumitomo Mitsui great confidence - "Holy Light" is not exclusive and has no obstacles to accepting foreign ideas and management.
It also has no qualms about disclosing its financial status.
Through the audit of 'Holy Light', we can even see the ambitious ambitions of this group. It has laid out information and sales networks across the country, and even reached out to foreign countries.
The transport planes leased by 'Holy Light' transport three thousand tons of cargo back and forth every day, and the railway freighters travel day and night. The sales of light and heavy industrial products from both parties are excellent, and almost zero inventory is achieved.
Watanabe had long been thinking about how to propose to Zhou Qingfeng to accept a loan from the Japanese Commercial Bank, but this time the president actually took the initiative to invite him - a God-given opportunity, but Tianyang's bank was still hesitant...
No, they are here to grab food.
The current domestic banks are not as flexible as foreign banks. They must see the actual collateral before they can lend. But gold is a real collateral, and at most the mortgage limit this time is high.
This situation was reported directly to the Imperial Capital. When the Imperial Capital heard that there were thirty tons of gold, they agreed without hesitation.
Although judging from the current gold price, thirty tons of gold is not worth 10 billion soft coins. But this involves the structure of the financial system.
Currency is inherently over-issued. Because soft coins can be printed, gold cannot.
Here I have to repeat something like a sutra - China is currently extremely short of hard currency. In 1992, foreign exchange reserves were less than 20 billion US dollars, which was lower than in 1991.
By 1994, the country could no longer bear it, and the exchange rate of the soft currency against the U.S. dollar plummeted from 1:5 to 1:8. It was really a..., at least better than the Maoist Republic and Japan in the same period.
Zhou Qingfeng was just a mortgage, but the domestic central bank was eager for him to break the contract and not pay back the money. The collateral was confiscated.
Under this background, both domestic and foreign parties are rushing to provide loans to ‘Holy Light’. Both parties have offered various preferential terms, hoping to succeed in this breakthrough business.
Zhou Qingfeng originally only wanted a loan, but unexpectedly two groups of collaborators arrived.
The Japanese loan has an annual interest rate of 4%, 30 billion yen, which is equivalent to more than 7 billion yuan. The loan is for 20 years, and only interest is paid in the first five years, and the principal is repaid in the later period.
The advantage is that it is mortgage-free, but the disadvantage is that this loan is not a direct loan, but a purchase of Japanese products on behalf of others. The use of purchased products must be subject to Japanese supervision to avoid being resold.
In China, due to inflation, the interest rate is 10%, but the loan limit can be increased to 1.2 billion soft sister coins, which must be mortgaged with 30 tons of gold, and must be used for Tianyang's infrastructure construction.
Only children make choices. I want both loans.
Zhou Qingfeng stayed in Moscow and sent Irene as a representative back to Tianyang to take out the gold stored in the basement of the headquarters in exchange for a loan.
Tianyang is located in the south, with abundant rainfall. It is surrounded by mountainous areas, and the conditions for building small hydropower are very good. If Tianyang wants to develop, the power supply must keep up.
Of course, investing in a power station alone is not safe. You should invest in connecting the surrounding power grids. Only when the two match each other can you achieve better performance.
With the hydropower station, it will not only prevent floods and generate electricity, but also promote agricultural irrigation and facilitate agricultural investment in the Tianyang area. This is a hugely profitable thing.
Within thirty years, the population of Tianyang area will exceed 10 million. The power grid covering this area will be a cash cow, with energy continuously generating profits.
To avoid depreciation, the loan must be spent as quickly as possible.
Zhou Qingfeng's ambitions expanded dramatically. He wanted to use the money to build roads and houses, build schools and hospitals, build water conservancy and power stations, build power grids, shops and communications, and build Tianyang aircraft manufacturing factory.
As for Japan’s 30 billion yen?
Zhou Qingfeng asked Watanabe Yui to make a special trip, "Go and ask, what can Japan's domestic semiconductor industry sell?"
(My public account "Tongchi Tao Ren" has been restored. Today I will share some practical information - how can the public account make money?
This is not an advertisement, it is a way to express your heart and soul.)