Rebirth: Super Banking System

Chapter 2425: Chapter 2265: Deep Collaboration

To know.

India.

Owes quite a bit of foreign debt, has limited foreign exchange reserves, and when they undertake these projects, they certainly won’t use Indian Rupees, but will exchange them into foreign currency.

Thus,

This will definitely deplete India’s foreign exchange reserves.

In the short term.

Not obvious.

However,

With a few more such projects, the accumulated exchange pressure will approach fifty billion dollars. This money is not regular trade dealings,

But a one-sided currency exchange.

At that time,

India might introduce policies to restrict this. But upon thinking that there is Myanmar Bank Group backing, all the enterprises felt much more at ease.

They,

are not fighting alone.

With it,

India probably won’t dare to act rashly.

…

At this moment,

As they thought, Indian authorities also realized this problem; once or twice, India’s foreign exchange reserves can still hold up, but if it happens a few more times,

they will definitely be strained.

Indeed,

currently,

India’s foreign exchange reserves exceed two hundred billion dollars, but you can’t just look at the figures, there are many aspects that cannot be moved, urban construction projects are non-trade.

It’s not reciprocal exchange,

but a one-sided capital influx.

Thus,

This expenditure will have a huge impact on the structure of India’s foreign exchange reserves, possibly creating chain reactions affecting the exchange rate market.

Very troublesome.

Generally,

If a foreign enterprise is making money out of them, policies to restrict it would certainly be introduced. But with Myanmar Bank Group, they can only negotiate.

Coincidentally,

today,

Ling also came to the site.

“Okay.”

“For this project, we can use Asia Dollar instead for exchange, but only for half; the rest of the foreign currency exchanges still need to be done by you.”

Upon hearing,

The Indian President was overjoyed.

“Great.”

“Thank you, really thank you.”

Half,

is sufficient.

This surely reduces quite a bit of pressure for him, and this time it’s half; perhaps next time they might even raise the proportion a bit, which isn’t impossible.

As long as there’s a concession,

everything,

becomes manageable. He is also helpless, India’s capacity to generate foreign exchange is too weak, almost no Asia Dollar reserves on hand, and what they have, is all used to repay debts.

What debts?

Many.

Medical loans are a big part.

Every year,

The treatment of cancer patients in India represents a large expenditure; although a significant portion of this money is paid by the patients, the patients pay in Rupees.

Clearly,

it must be exchanged into Asia Dollar or other foreign currency, since there are too few channels to earn Asia Dollar, India’s earnings, a small part was paid as medicine fees.

Helpless.

Frustrated.

Burmese popular products are too numerous.

In the end,

India’s Asia Dollar reserves are woefully few, and can only earn some through exporting some raw materials and such, often paid in dollars.

Painful indeed!

…

Now,

The Indian side was delighted.

However,

they are unaware that there is another person who is happy, and that is Tang Qing. In this way, the trade amounts generated by these projects are accounted in Asia Dollar.

As for why not take on everything?

Foolish!

Currently,

India sees it as Burmese being considerate, helping out; if you help completely in one go, how will discussions proceed next time? The candied dates given can’t be too sweet.

Otherwise,

The other side might take inch by inch.

…

On the same day,

Roy City’s handover appeared on the global news headlines of various countries; due to the early month opening, major social websites and live broadcast platform anchors.

Had already spread the news.

Today,

The completion is verified.

Immediately,

Pushed the whole news’s heat to the peak, attention exploded. Especially those who funded the city-building, one by one eagerly looking over.

Calculating,

India is considered the only completed project.

Roy City.

Roy City.

Although it has a ’guinea pig’ nature, undeniably, it’s truly well constructed. It’s no surprise that the next completed project nation is Congo Gold.

Everyone watches,

and praises.

“No wonder it’s designed by Myanmar Bank Group; never disappoints.”

“Indeed!”

“Beautiful!”

“Unified style, really nice; this is what modern cities should look like; guess India is quite upset, the most beautiful city is foreign-designed.”

“Haha!”

“Actually, what’s the difference? As long as it’s good.”

“True.”

“…”

“Last year, they started establishing projects gradually, I looked at the completion schedules of other city-building projects and discovered, starting from next month, every month some will be finished.”

“Some months will see two or three completed.”

“Amazing!”

“Blossoming everywhere.”

“…”

Looking at the circulated schedule, countless people sighed—so fast, like dumplings going into the pot, after more than a year of accumulation, one city a month.

So exaggerated!

At this moment,

Many people realized just how large of projects Myanmar Bank Group actually undertook, roughly forty cities, each averaging five billion Asia Dollars.

That is—

—Two trillion!

Heavens.

How large of an order is this? In fact, up to now, many people still cannot believe, these projects were actually all undertaken by Myanmar Bank Group alone.

One word—

Impressive!

This represents, besides power, also trust; everyone believes in this company, hence they are willing to invest funds in such a project, otherwise?

Is there another explanation?

Key is,

All this,

Perhaps is only starting; similar to India, Roy City built, Roy City project emerged, Roy City completed, yet another big order lands.

If,

similar things happen in other countries…

“…”

Thinking this onward,

Silence.

Countless hearts are shaken by this, what does it represent, they clearly know, Myanmar Bank Group will leverage this model, earn continuously.

Scary!

This snowballing.

Heaven knows.

How large a scale will the city loan used to think as loss be pushed to, thinking back to when the loan for India to build Roy City…

There was skepticism.

Yet,

Who would expect,

Following Roy City, Burma surprisingly used this as a foundation to launch fund-raising city construction, instantly transforming the ’city loan’ model significantly.

In a moment,

Received unprecedented impetus.

Capital.

Individuals.

All can come in.

Fundraising efficiency shocked off jaws underground, many people cannot believe, when did collecting money become so easy? But regardless of how these people doubt.

Myanmar Bank Group succeeded.

Money.

Is real money.

City.

Will soon stand tall worldwide, even formed a brand effect; as long as Myanmar Bank Group initiates, major capitals swarm in.

Green-eyed many people.

However,

Can only watch, cannot taste, this piece of cake is made by Myanmar Bank Group and major national capitals together, originally forming a benefit group.

In the absence of possibility to kick out Myanmar Bank Group, they will choose deep cooperation. With this coming together, the project’s umbrella is astonishingly abundant.

In the future,

The nation’s major capitals,

Myanmar Bank Group,

and countless upstream and downstream enterprise groups, will all protect this cake around this huge interest group, maintain this set of systems.