Beiyang reactionaries

In addition, led by the original Southwest Commercial Bank, it merged some banks in Southwest China and became the Commercial Bank of China.Relying on the credit of the government and undertaking a large amount of government business, the two commercial banks have developed very rapidly in the past two years.

It has begun to occupy an absolute dominant position in China's commercial field.

If a major reform is completed this time and a Chinese savings bank is established, then the Chinese government's control over the Chinese banking sector will be greatly enhanced.

The strength will be greatly increased.

"It's not just this. The Bank of China will merge all the local banks that currently have official shares into the China Bank of Communications and the China Commercial Bank. All bank license review qualifications will be collected, and no place will be allowed to open banks without permission. Bank licenses will only be issued in the future. It could be issued by the Bank of China."

"anything else?"

This is a signal that the Chinese government wants to rectify its finances.

But how to rectify it, Mark is still unclear.I only know that the current Chinese government is trying to build several giant banks and increase the influence of the government in the financial industry.

Markle is not an expert in finance.

I can't guess Duan Xun's thoughts in the next stage.Because how to reform the financial system is not clear to Ma Kelei.In particular, China's history, politics, and culture are different from those in Europe and the United States.

Many policies are different.

"The Ministry of Military Affairs of China just announced a new reorganization plan for the national army."

"How about it?"

"The Chinese Ministry of Military Affairs announced that eight major military regions will be built across the country, and the number of the army will reach 150 million."

"150 people?"

"Yes."

Mark's face was serious.

150 million people.

Not a lot.During the European War, those European countries mobilized millions of troops.But that was a time of war, now it is a time of peace.

What China means is to feed 150 million troops in peacetime.

With an army of this size, it can be seen that Duan Xun is ambitious.

"Send a telegram to London and send the news to London. Send our previous analysis to London as well. Tell London that we must change some things in the current situation in order to continue to maintain our interests in China."

"Yes."

404

"How are the negotiations with Great Britain going?"

"The attitude of the British plenipotentiary Mark is very good, and he is very willing to negotiate with us. However, it seems that it is difficult for us and the United Kingdom to reach the required agreement in a short period of time. British Prime Minister Baldwin announced an early general election, which is this year's election. A general election will be held in December. Now that all major parties in the UK are working hard for the general election, it is estimated that it will be difficult to have an accurate response within this period of time.”

Duan Xun nodded.

Duan Xun very much hopes to reach various agreements with the United Kingdom as soon as possible.

After all, there are many issues that need to be resolved between China and the UK.Because from the beginning of the Opium War, Britain has always dominated the situation in the Far East, and it is also the country with the most entangled interests in China, and has signed many treaties with China.Even if Japan catches up from behind and begins to become the overlord of the Far East.However, there are still a lot of problems that the UK and China need to solve, and even in terms of major terms, there are more problems to be solved than Japan.From the customs issue, to the Boxer indemnity issue, as well as the major British concessions in China, and the Hong Kong issue.

These are no small problems.

Negotiations are required as soon as possible.

Duan Xun didn't want to go to war with Britain.Although fighting in the Far East, Duan Xun is really not afraid of Britain.But in the face of a veteran imperialist country like Britain, Duan Xun still hopes to use negotiations to solve the problem as much as possible.

In this way, we can continue to cooperate in the future.

But every country has its own problems.Britain, as a mercantilist country, has been promoting global trade.In the past, the United Kingdom has always been the largest industrial country in the world, and its industrial strength is the best in the world.So I hope that all countries will work together to reduce tax rates, and then sell their products to the world.

Back then, when Britain was the hegemon of the world and a major industrial country in the world, it could produce countless industrial products without any problem.Even Britain took advantage of this approach to become a global hegemon.However, following the shocking impact of the European War on the British economy and British industry, Britain found that lowering tariff rates was not good for itself.

Those industrial countries that rose later, mainly the United States and Japan, had very low product prices.Taking advantage of the low tariffs in the UK, a large number of cheap industrial products flooded into the UK.The British industry, which had been hit hard by the European War, was hit even harder.Including some cheap products produced by the British in the colonies, which in turn were dumped on the British market.

When the UK has money, they don't worry about these, because they can buy these items at low prices, which greatly reduces the cost of living.However, as the hegemony of the United Kingdom began to be affected and the pound began to depreciate, this large-scale dumping of industrial products caused the unemployment rate in the United Kingdom to soar.

The soaring unemployment rate will first affect the interests of workers.

Since the establishment of the Soviet Union, the whole of Europe has been guarding against the Soviet Union.

why?

Because the Soviet Union was the first country in the world to believe in Marxism, and one of the cores of Marxism is that workers are the masters of their own affairs.That is to say, the proletariat is the master of the house.

After the establishment of the Soviet Union, the labor movement in Europe developed rapidly.

The same is true for the UK.

With mass unemployment, the labor movement is thriving.This is the least tolerated by the British government, including those wealthy people in the UK.

Therefore, calls for higher tariffs have been raised in the UK.Under such pressure, British Prime Minister Baldwin, the leader of the Conservative Party, decided to hold an early general election and then decided to raise tariffs.

General election in December.

The Conservative Party, the ruling party of the United Kingdom, is currently concentrating all its energy here, and has little energy to manage the affairs of the Far East.Compared with domestic affairs, matters in the Far East are not worth the trouble of the British political leaders at all.

However, many negotiations between China and the United Kingdom require the consent of London, or the approval of London.Therefore, although the two sides have already started negotiations, and Ma Kelei has also released his goodwill towards China, the negotiations have not yielded much results.

"The British general election is in December, which means that in January or February next year, the results of the general election will come out?"

"Yes."

"There are still four months, five months or so."

Duan Xun was counting the time.

Because major issues must be discussed with the new British cabinet, the energy of the UK is now focused on its own domestic affairs.It is impossible to have the energy to talk about the Far East and China.

But this time is too long.

Four to five months, or even for the new government to consolidate its position first, that is half a year.Duan Xun didn't have that much time to wait for the British.

After all, there are many things that can be done in a few months.And in a few months, maybe the situation will change.

So Duan Xun thought for a while and said: "The British are busy with their general election, but we can't wait for the pace of the UK. Since the British will not talk to us about any results in a short time, in other words, they will not be too If this is the case, let's carry it out according to our plan. Without the UK and Japan, other countries will have a lot less say in our customs, so don't think about the attitude of the UK from now on. All the work It must be carried out in an orderly manner. First complete the merger of major banks and increase the strength of the government in the financial industry. The Bank of China continues to promote the issuance of our banknotes, complete all taxation work and use banknotes across the country as soon as possible, and slowly withdraw the gold and silver circulating in the country .After all preparations are made, the customs will be strictly inspected, and then financial reform will be carried out."

As long as Britain and Japan do not intervene, the influence of other countries in China is limited.

The Soviet Union has not yet escaped the domestic crisis, and even needs the support of China.In particular, the Soviet Union's current logistics materials in the Far East need to be purchased from China.Therefore, I have no time to take care of China's affairs. Instead, I beg China not to do anything in the Far East.Therefore, the current relationship between the Soviet Union and China is still very close.

because they are worried.