Rebirth of the Super Banking System

Chapter 652: Step 1 of internationalization

A genius remembers the address of this site in one second: (Vertex Chinese), the fastest update! No ads! This is also the reason why Alipay is so active in expanding financial business, that is, they want to expand their banking business, and then be incorporated to obtain a bank license instead of Get the so-called freedom.

Because they know this is impossible, they want to go on safely in the future.

Can only be incorporated this way.

therefore.

Don't look at Ma Yun's eagerness to say what he wants to do with traditional banks.

It really means that I don’t want to fight against the bank, but say: my model is the future, it is efficient, and it has not been eliminated, the big guys come and see, please ask for security, please send a bank license.

That's it.

This is Ma Yun's ultimate goal.

Obtained the same status as other banks.

Command room.

"Tang Yi, now I want the Bank of Myanmar to issue a credit card, what do I need to prepare?" Tang Qing has already decided to get involved in the credit card business.

Tang Yi respectfully said: "When you return to the commander-in-chief, you can start issuing credit cards at any time without requiring additional equipment. The personal credit file of the Myanmar Special Economic Zone has been established. The credit card preparation is completed in the'Currency Clearing Center'. You only need to issue the credit card. The relevant contract documents will do."

It's so simple.

Tang Qing liked it, so he nodded and said, "Well, let the Bank of Myanmar announce that it will start credit card business at the beginning of next month, but it can't be preempted by ICBC and China Construction Bank."

Although Lang Tsai did not agree to China’s two major banks to launch credit card business in Burma, it was postponed for three years.

But how can the two major companies be willing.

As far as Tang Qing knows, they plan to allow Huaxia Bank to carry out credit card business in the Special Economic Zone of Myanmar in the next loan, and their attitude is very firm. After all, who said this loan is too big, and it is also the economy of Myanmar. The SAR has banks that are looking for Huaxia.

therefore.

This condition of zero will definitely be agreed. Lang Tsai is afraid that Burmese's credit card market will be preempted, but Tang Qing, who has a system, is not afraid, so he is not prepared to let zero refuse.

If once agreed.

Of course, I have to rush to fix the credit card market before they enter the Special Economic Zone of Myanmar.

In addition, the circulation of commodities in the special economic zones is increasing day by day, and the material life is extremely rich. People also have demand for advanced consumption. It is not too soon or too late to intervene now.

. . . . . .

The next day.

morning.

Regarding Myanmar's huge loan of 160 billion yuan to China, amid applause, the two parties signed a preliminary agreement. After verifying the collateral on the spot, the central banks of the two sides will match up some details.

This loan will officially take effect.

All loans will be credited to Myanmar's capital account with the China Central Bank.

Just like the U.S. dollar, all non-cash U.S. dollars have never been out of the United States, and non-cash euros have never been out of the Eurozone. Of course, renminbi loans will not go abroad, but the central bank has opened an account for Myanmar.

There are 160 billion yuan in the agreement. This account is different from Myanmar’s renminbi foreign exchange reserve account. Like this loan, this money is also stored in the Central Bank of China, but the owner is the Myanmar government. .

Due to the limited use of this loan, an additional account was created.

Signing the intent takes less than ten minutes.

The news spread out and appeared on major domestic news website platforms. It not only caused a sensation throughout China, but within half an hour, it also spread abroad, and its power was undiminished.

RMB loans!

What does it mean?

It is important to know that loans recognized by various countries are based on U.S. dollars as the unit of settlement, because U.S. dollars can buy almost any commodity, whether it is oil, gold, minerals, agricultural products, etc., it is recognized all over the world.

But what about the renminbi?

The current international status of the renminbi can be said to be very erratic. Except for a few countries that have limited reserves of renminbi, most countries do not take the renminbi seriously or even refuse to accept it.

Because U.S. dollars can buy oil.

Renminbi. . . Almost nothing can be bought internationally.

The most important point is.

China is now an importer of oil and minerals.

All aspects of resource consumption are huge. You are a buyer with a strong demand for resources. How can you become a seller? The short-term market is not good, and the long-term market is actually not promising.

I want oil, I want minerals, and I want agricultural products.

Not only do you have no surplus to sell, you are also a large number of importing countries. Due to your large amount of imports, there will be times when prices will rise. I have to spend more dollars to buy. Then how can both parties play happily.

Now China has issued such a large amount of RMB loans to France. It is a blockbuster, which has caused violent repercussions around the world. It is also the first time that RMB has made everyone face its purchasing power.

"China has loaned 160 billion yuan to Myanmar, which is an important milestone in the internationalization of the renminbi! 》

"The first year of RMB internationalization is here! 》

"good news! Purchase contracts worth hundreds of billions of yuan will come to the China market. Who will get a share of the cake? 》

". . . 》

The domestic news is basically full of praise.

Everyone is full of excitement and anticipation of RMB internationalization.

As for the foreign media, they are not so happy.

"Renminbi loan? What can I buy? 》

"alert! The renminbi is challenging the status of the dollar. 》

"Myanmar is very likely to fall into debt quagmire. 》

"The renminbi's regional influence is increasing, and there is a fear of uniting Asian countries to launch a regional currency! 》

". . . 》

Anyway, the foreign media is not afraid of the big things, nor is it afraid of the damage, just because no one will watch it. All kinds of speculations and doubts are raging, as if it is not a hot name, no one will watch it.

The fact is indeed.

In Western countries, after so many years of media toss and fudge, if there is no good name, there is really no clicks, and the title party is actually forced.

Some questioned that Myanmar could not repay the money and feared that it would fall into the quagmire of debts.

Some people despise Burmese and want to learn Huaxia's development path.

Some people say that the expansion of the renminbi is challenging the status of the dollar, but there are very few such comments, because before there is enough purchasing power, the internationalization of the renminbi is destined to be difficult and difficult, and everyone is not optimistic about it.

As long as the international oil price, gold, and the settlement price of bulk commodities are still in U.S. dollars, don't even think about the renminbi if you want it. In addition, not only can you not supply the goods, but you also need to import a lot, even more so.

mixed reviews.

The good and the bad are mixed.

This matter has become the focus. Although Western countries are not optimistic about the internationalization of the renminbi, many countries have also paid attention to this loan model.

They are all assuming that if they have RMB loans, what kind of impact will they have on the country.

This thought.

Everyone's mind became active.

Yes.

The renminbi cannot buy crude oil, gold, or grain.

But you can buy China's industrial products and services. Just like this time, Myanmar does not need to buy these. It only needs to develop the domestic economy and improve infrastructure construction. It will not touch the traditional US dollar.

If they also receive RMB.

It can also be replaced by railways, highways, airports, terminals, etc. These things can be provided in USD~www.ltnovel.com~ but the process is very troublesome, and I can borrow USD to buy raw materials and also borrow RMB to buy industrial products. .

This is not a conflict.

And this.

It's what China wants.

Due to the inherent problems of the renminbi, it is impossible to get involved in the traditional field of the dollar, but these leftovers, renminbi, can always be eaten. If one is not enough, the quantity will not be delicious.

I'm still full.

This is why Huaxia is so positive about this loan.

Just want to be an example.

It is also considered to have taken the first step in the internationalization of the renminbi.

. . .

It is necessary to say whether the internationalization of the renminbi will have an impact on the Asian dollar.

Tang Qing is not worried.

These are two different paths.

The internationalization of the renminbi seeks breadcrumbs and influence. It has never thought of replacing the US dollar, nor has it been possible to replace it. Everyone has eaten the pain of the US dollar and hates it, but is there any way to get rid of it.

It is impossible to get the U.S. dollar down and let a renminbi, which is also a sovereign credit currency, come up.

This is something that the whole world cannot accept.

The dollar experience taught the world a lesson.

That is-no sovereign credit currency can become a world currency. Everyone is not interested in helping you with the Renminbi, and the Renminbi cannot operate this matter.

What the Asian dollar seeks is the status of this world currency.

in other words.

The purpose is different.

Ability is not the same.

The method of operation is different.

So Tang Qing didn't worry that the RMB would steal the Asian dollar cake.

Because he doesn't care about bread crumbs, what he wants to eat is that piece of bread, and the journey must be bloody, but Tang Qing is very interested in pulling the dollar off the horse, and it is very thick.

There is a system.

He can't lose.

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