Reborn Super Bank System

November 7th.

on Monday.

Capital.

Langcai and his party arrived at the Beijing Airport at a quarter past ten in the morning.

Since it was not a formal state visit, it was just to discuss RMB loans, so it was not too grand. It was just in accordance with the general reception process for foreign guests. Langcai and his party were received in the living room.

All the mortgage information and application materials were delivered to the capital last Friday, so there is no need to discuss it. The preparatory work has been completed by taking the weekend in Beijing.

Only after Lang Tsai agrees to some conditions, the loan will be officially approved. Of course, the specific loan meeting does not require the participation of major leaders. They manage everything and there is no time.

So after a polite meeting for a photo, he left.

Only people from commerce, diplomacy, central bank, and the head offices of the four major banks are here.

Zhu Wei, governor of the central bank, presided over the meeting.

The business department is responsible for negotiation.

To be honest, it is reasonable to say that Zhu Weilai should not be the presiding officer. After all, the central bank is a renminbi note-issuing institution, which does not operate externally and does not have the right to lend. But this time, since Hua Xia Bank wants to obtain a banking license for Burma.

This will definitely involve the clearing system of the two central banks.

Then this is the business scope of the central bank, and none of the four major banks can decide.

"President Lang Tsai, once again welcome you to visit China for an inspection visit. We agree in principle to the 160 billion yuan loan application, but we have a few requirements in terms of details."

"Please speak." Lang Cai said.

"You mentioned the use of RMB loans in the purpose of the loan, which are mainly used to purchase my country's construction materials, machinery, equipment, services, etc. For this, we thank you for your trust in China and the RMB, and thank you for your support to our domestic enterprises .

You proposed that 40% of the loans will be explicitly used by China Xia’s service providers, but we hope to increase to 70%. You also know that in addition to roads, bridges, railways, airports, and terminals Has rich experience in projects such as, power stations.

There are also many high-quality and low-cost products in automobiles, industrial equipment, heavy machinery, and metal smelting. There are also many possibilities for cooperation in the technical field. I think 70% is not a high number."

In the email I sent over.

The railways, long-span bridges, airports, docks, hydropower stations and other projects planned by Myanmar this time are clearly indicated that they will be handed over to Huaxia's companies, with a total investment of nearly 70 billion yuan, but many other projects have not clearly defined their destinations. .

That's why we have the conditions to increase the ratio this time.

The money is not renminbi and can only be used to sell China's domestic products. For example, for construction bidding, China's companies can come, foreign companies can also come, and Myanmar's domestic companies have nothing to say.

Fortunately, Huaxia Company won the bid, making money, which is generally used for business operations.

However, after a company in other countries wins the bid, the money it makes may not necessarily be invested in the country. For example, a company in Myanmar will definitely convert the renminbi into kyats. Where can the money be exchanged?Of course it is looking for the central bank of Burma.

What about the Bank of Myanmar?

Naturally, the kyats are given to the company, and the renminbi earned by the company is collected, and then used as the foreign exchange reserves of Myanmar, deposited there, and at some point in the future, it will be returned to China Bank as interest or principal.

In a short time.

It simply cannot flow into the market.

Therefore, it is necessary to increase this ratio. The main purpose is to allow the RMB to enter China's market and promote economic development, rather than to settle down or be hedged by the trade between the two countries.

Lang Tsai tried his best to keep smiling and said: "This ratio is a bit high. We must also take into account the employment problem in our country. The 40% ratio was previously promised. I think it is just right to increase it to 45%. At most, we can increase the proportion of China's industrial equipment in the import of other commodities..."

"President Lang Tsai, I also know the employment in Burma..."

Every point in it.

It does not represent a few hundred million, but the flow of more than one billion yuan.

As long as we strive for one more point, we can create more than one billion investment for the country in disguise. Therefore, no effort will be spared in the competition. Fortunately, everyone has a number. In the end, the proportion stayed at 59%.

It can be considered a joy to everyone.

China has won 59% of the money, and it does not mean that Burmese will lose money. Those who contributed to the loan later do not care. Once they have a lot of things, they really can’t figure it out. buy.

Among them, infrastructure accounted for the bulk of this plan. This is why they are eager to raise the upper limit. It is because according to the previous 80 billion scale, the projects they got in their hands are sweet, but far from the current size.

"Second, we hope that Myanmar will open up bank access to China to take pictures, and allow Huaxia's banks to engage in banking services such as deposits, loans, currency exchange, and credit consumption in Myanmar. I think there will be a venue for our loans this time. In a positive sense, we want to apply for four Burmese bank licenses to promote the normal exchange of funds between the two countries..."

"..."

"..."

Approaching noon.

Only a small part of the negotiation took place.

After lunch.

The negotiations continue.

As darkness approached, the terms of the entire loan were finally settled.

First, at least 59% of all loans should be used to purchase China's services and goods.

Second, Myanmar issued a banking license to China Industrial and Commercial Bank of China and China Construction Bank, allowing the two companies to enter Myanmar's banking industry and carry out general banking services such as deposits, loans and exchanges.

Each bank can open no more than two branches in cities above the first level of Burma, and no more than five branches in the capital of Burma, and cannot settle and accept the U.S. dollar foreign exchange reserves of the Central Bank of Burma. As for Credit card business, promised to open in three years.

.....

The remaining dozens of articles mainly talk about the negotiation of some project tenders and other details.

It can be said.

Lang Tsai had already had brain pain in the morning. Fortunately, he was not the main negotiator, but needed to make the final decision on some big interests.

The rest is the negotiations between the zero and China business department.

This time.

The only time that Zero's negotiating ability made Lang Tsai pleased. Before they were frustrated by Zero, but each time, but this time, Zero was helping herself. Looking at the bitter gourd face on the opposite side, Lang Tsai felt in a good mood.

The zero negotiation ability also left a deep impression on China.

Generally speaking, it is a happy situation.

......

at night.

Tang Qing watched the minutes of the entire meeting.

The credit card they mentioned got him interested.

If you want to invigorate the economy, overdraft consumption will become inevitable. In the future, the stimulus of domestic demand in Myanmar will be an important part of the expansion of the loan population and scope, but now Myanmar does not allow foreign banks to conduct credit card business.

However, the Bank of Myanmar Group can do it, but not elsewhere. At least it can take the lead in the Myanmar Asian Special Economic Zone, and it can also be used as a test field to prepare for mass popularization in the future.

To know.

Credit cards are an important cash cow for banks.

in western countries.

Credit cards are what really makes money. As for other ordinary loans, the money is just a trivial matter. Especially Western banks that have long-term low interest rates, 3%, 2%, or even zero interest rates can make a profit. Fart money.

In New York, USA.

Eighteen percent of the annual interest violates the civil law.

Twenty-five percent of the annual interest violates the criminal law, and you can directly arrest people.

The interest on credit cards can be as high as 30 to 40% without any restriction. It can be said that in the United States or Western countries, credit cards are the only legal usury and the biggest source of profit for bankers.

At this moment.

Tang Qing finally understood a little bit about how cruel and sharp the conflict between Alipay and WeChat and foreign banks is.

Past life.

Alipay and WeChat Pay wanted to enter foreign markets and were recognized, but they were blocked by layers. In the end, they had no choice but to shrink back in China. Tang Qing had actually been strange.

But this moment.

From the perspective of bank interests.

These two things are really the same enemy.

Because these two things are stealing bank profits, they are bound to be strongly resisted by banks in other countries. It is basically impossible to enter those countries and to be legal.

For example, Alipay wants to enter the US market.

First, Alipay wants to lobby the Supreme Court of the United States to make this change system legal in the United States.

At the same time, we have to lobby the fifty states of the United States, persuade the legislatures of each continent, and finally persuade the Federal Reserve to relax its supervision of banks and amend the Federal Reserve’s financial supervision bill.

Good guys.

this road.

It is by no means a company can go, and this situation is similar in Western countries, and you can't enter, because you are challenging the interests of all local banks and will not let you in by law.

To put it bluntly, mobile payments such as Alipay can be successful in China. It is because the domestic banks were caught off guard before they responded, and they wanted to penetrate foreign countries, especially Western countries. How could that be possible.

No chance to make moves will be given to you.

Tang Qing opened a bank.

If there are such two payment methods in the Myanmar-Asia Special Economic Zone, what he can do is very simple. Either recruit Amnesty into the Myanmar-Asia Banking System or block them. It is impossible to live in peace.

There is no relationship that can coexist. Huaxia is a vacuum of market rights and laws in a special market segment. It rises with the trend. Except Huaxia, there is no such opportunity.

Even if future generations are in the nearby island country, regardless of how popular the news is, there are tens of thousands of registered businesses.

It is only used by people who travel to China to welcome Huaxia. Real islanders use less than one percent. This one percent is basically for people who have traveled or worked in China. Generally, islanders don’t use it at all. .

The seemingly hot data, tens of thousands of island-country registered businesses, one percent of the number of users, is actually meaningless.

The most important thing involved is interest.

If you transfer all the funds of retail accounts to your own account, the bank's profits will be lost. If you still want to participate in consumer loans, you are digging into the corner of the bank. If you expand to loan business in all industries.

Nothing to say.

The bank must quit, these two guys are bound to be recruited by the central bank.

therefore.

The scale of these two parties is limited. Waiting for the improvement of China's relevant laws, although these two payment methods will not die, they will eventually be locked into a cage and enter a stable development track.

Alipay and WeChat's change payment system.

And all banks are almost natural enemies.

They want to be enemies of the banking system of the world.

The outcome is not hard to guess.