Nan Ming Sun Never Sets

Chapter 446 Indian Ocean System
On the second day, White and other members of the European Chamber of Commerce in Singapore, as well as the diplomatic envoys of European countries in the Global Fleet, were called by Liang Haisheng, a Ming diplomat, and Yu Chenglong, a trade representative.

One of the most decent buildings in Singapore is the Singapore Municipal Office. Even from the appearance, it is a little more imposing than the Xuanwei Office.In a large conference room of the Municipal Office, a group of Europeans faced the two big bosses of the Ming Dynasty Global Fleet with various moods.

In fact, another big boss, even Bai Mingxiu, the ultimate boss, is also there, but he is attending as the fleet commander Wang Kai, and this is a government affair and should not be managed by a soldier, at least that's the current setting. of.

Liang Haisheng and Yu Jackie co-hosted the meeting. At least on the surface, Liang Haisheng was very friendly. He was always smiling and not too serious. Before the meeting, he chatted casually with a few European diplomats.Liang Haisheng is proficient in multiple languages, which amazed European diplomats and businessmen.At least here, none of them can use Chinese fluently, and Liang Haisheng can choose words and sentences very elegantly no matter in English, Spanish, French, Dutch, Portuguese, or Italian, just like a best-educated The look of a top diplomat.

After all, Yu Chenglong was born in a traditional bureaucracy, and he rarely dealt with these foreigners, and he has always been relatively cautious.

However, when the meeting actually started, people in Europe shouted that they had been fooled. Liang Haisheng, who looked kind, was like a big bad wolf, eating people without spitting out bones.

"...The purpose of this meeting is very simple. It is to promote business exchanges between various countries and Daming. Since the establishment of Singapore, it has always served as an important hub connecting the East and the West. Daming has built various port facilities, storage and logistics facilities here, To meet the needs of shipping and trade. Our Ming Dynasty has always upheld the spirit of free trade and openness, and we have also heard that the European Chamber of Commerce hopes to open a bank in Daming."

As the leader of the Chamber of Commerce, White said with a smile on his face: "It would be great if Daming could agree."

Liang Haisheng smiled and said: "Wait a minute, I haven't finished, please don't interrupt me. Regarding financial management, our Daming is very strict, especially for entities like banks, which have very high standards. Moreover, banks in Daming are subject to the supervision of the Daming Financial Regulatory Commission and the Banking Regulatory Bureau, and it is difficult to obtain qualification reviews and licenses. To be honest, I believe that this kind of review is very difficult even with the financial support of the East India Company. It's hard to support a decent bank opening in Singapore."

White's complexion was a little uneasy, and what made him most upset was that he actually believed that the banks of the East India Company could hardly meet the standards of the Daming Commercial Bank.

"However, in order for merchant ships of various countries to be able to conduct normal trade and settlement in the Indian Ocean region, it obviously needs a complete and strong banking system to support it. What everyone is doing now is basically very troublesome. There needs to be a guarantee at the place where the trade takes place merchants, and carry out corresponding transactions. Or simply barter, this form is too primitive. We hope to see that various ports on the Indian Ocean can have cash circulation. Therefore, I suggest that Ming and other countries work together to realize a new The banking system, in this banking system, each qualified bank can realize interoperability and settlement, and merchants can take a promissory note issued by Bank A to Bank B in a different place to withdraw directly. At the same time, I also call on all countries to The colonies along the Indian Ocean have opened their doors to allow other countries to invest or set up banks."

When everyone heard this, they immediately exploded.

"Is Ming actually going to extend its hand to our colony?"

"If Daming Royal Bank were to go to Madras to open a bank, then our own bank would definitely not be able to open."

Everyone was talking a lot, obviously very pessimistic.Harvey, who was sitting aside, also had a clouded face. The colonies of various countries generally implemented a closed policy and only served their own merchant ships. Any commercial investment activities would not be open to capital from other countries. This is also the rule of European countries. usual practice.At least in this era, the flow of capital is very restricted.

What worries Harvey the most is that they rejected the Ming Dynasty. If the Ming Dynasty becomes angry, then the current global fleet can directly capture the port when passing by their colony.

Competition is impossible, because neither banks nor trading companies can beat Ming Dynasty.

Harvey still couldn't hold back his anger and said: "Sir, you mean to turn other countries' colonies into Ming Dynasty's colonies."

Liang Haisheng smiled and said: "Our Ming Dynasty has only one attitude, that is 'open doors and equal opportunities'. We have opened up the whole country and implemented a very low tariff rate. All countries took advantage of Daming, but Daming went to When you were there, was the door closed? This is unreasonable."

Harvey is really a little speechless, because the tariffs of European countries are indeed very high. Many commodities are 15 to 18 percent, and some commodities are still subject to double tariffs.In contrast, Daming’s comprehensive tariff level is around [-]%-[-]%, and almost every port in Daming is open, allowing foreign trading companies to set up representative offices, lease facilities, and conduct legal operations.However, Liang Haisheng is exaggerating, because Daming actually does not allow foreign capital to invest in the industry.

Ming's colonies are open, but the colonies of European countries do not allow Ming to enter, which is equivalent to one-sided most-favored-nation treatment.

At this time, the serious Yu Chenglong also spoke: "Da Ming requires equal trade treatment in all parts of the Indian Ocean region. Da Ming merchant ships can enter any port for trade, and Da Ming trading companies can lease warehouses and operate. We also require, Some service companies, including Daming's commercial bank, can also enter the Indian Ocean. We sincerely want to promote the trade and financial order in the Indian Ocean region. For this reason, Daming intends to invest in a joint venture bank with various countries to serve them. Business travel. This joint venture bank will be allowed to open in Singapore, or even in any country’s colonies in the Indian Ocean.”

When everyone heard it, they were all a little moved.A bank where Daming also participates, although it is not an exclusive business, but at least the participants can earn money, and more importantly, they can learn how Daming manipulates finance.

As everyone knows, the depraved Bai Mingxiu is actively requesting to pass on various wonderful methods of finance to Europeans. If you want to get rich and get rich in finance, everyone likes to do it. With this, Europeans will not be honest Actually engaged in business.

(End of this chapter)