Rebirth: Super Banking System

Chapter 2488: Chapter 2326: Benefiting the Nation and the People

Ling’s remarks.

Made a large amount of risk-averse funds start flowing to Myanmar, flowing to the Asia Dollar. In the eyes of many institutions, a five percent increase is not the final profit.

Nowadays.

The global economic crisis has not completely dissipated.

Dollar.

Euro.

Yen.

...

All carry a risk of falling. One rise and one fall, the price difference may not necessarily be five percent. It could be eight percent, or ten.

Therefore.

Five.

Is the guaranteed profit.

Above.

There could be an ’unexpected’ harvest.

At this rate.

Just by converting to the Asia Dollar, it might allow this year’s performance to meet the targets. With a little effort, expectations could even be surpassed. It’s simply too satisfying.

Such kindness!

...

At this time.

Huaxia.

Regarding the large-scale flow of funds to Myanmar, the Central Bank did not take any new measures. Because the funds going to Myanmar are not without restrictions.

Back then.

Opening an account.

For each account’s annual outbound transaction, there was a maximum limit, and the overall risk was controllable. Once it’s gone, it’s gone, no major concerns.

On the surface.

These funds are gone.

By the end of the year.

When the funds come back, at least five percent more must be returned.

However.

The Central Bank’s accounts are not calculated this way. Now that the funds have gone out, it’s equivalent to consuming the Asia Dollar in the hands of Huaxia’s Central Bank. By the end of the year.

It then consumes the RMB in the hands of Myanmar.

One way.

Returning.

From a broader perspective, Huaxia is not losing out. The real loss is the funds that are transferred out and do not come back. That is the net outflow.

The Myanmar stock accounts cannot be used for consumption.

Therefore.

Ultimately, they still have to come back, the whole is circulating in a pool. As long as the Myanmar stocks do not crash, as long as the stocks do not fall significantly, the Central Bank is not worried.

...

The 12th.

Morning.

An exciting news was conveyed from Beijing.

Suddenly.

Countless people became excited.

"Finally launched."

"Yes!"

"Last year, I heard there was this project, and it was always being assessed and documented, going through procedures. Didn’t expect it would start so soon this year."

"Beneficial to the country and the people!"

"Great kindness."

"With this, the issue of flooding will be solved."

"Is it effective?"

This query from uninformed masses immediately stirred up a hornet’s nest.

"Did you just connect to the internet?"

"How could it not be effective, Myanmar has already proven with mature experience that this method is effective, Myanmar no longer has worries about floods."

"Since the year before last, Myanmar, which used to experience floods every year, has not caused any economic losses or casualties, do you think it’s effective?"

"Even rainstorms that happen once in hundreds of years cannot topple Myanmar’s flood control project."

"..."

Being educated a lesson.

Previously.

Many bloggers, when live broadcasting in Myanmar, often filmed Myanmar’s hydropower situation. Again and again, everyone has become quite familiar with the situation over there.

Used to be somewhat envious.

Therefore.

Upon hearing Huaxia wants to implement it, it brought them such joy.

After watching.

Found the primary method is almost entirely copied.

...

First.

River restoration.

Completely restore the dried-up, blocked, man-made occupied, and already disappeared river routes. Not only restore, but also widen them.

Even deepen them.

Second.

Newly dig river routes.

Directly create a new river route that some areas can be transformed into, increasing the entire secondary diversion water network’s flood storage capacity, reducing damages.

Third.

Also the most important.

Reservoir around.

Use some low-lying regions as ’storage points’ for these diversion river routes, reducing flow rates into main rivers during rainy seasons through these small water networks.

Three-pronged approach.

General rainstorms will rarely have much harm.

...

Once the government order was issued.

Very quickly.

Work groups began heading to the villages, most of the inspections had already been done over the past half a year. Everything already had a plan, no need to waste more time on geographical surveys.

Just need to do some local work.

The South.

A certain village.

"Have you heard, the river route in our village is going to be restored."

"Really?"

"Of course, the village head just went to have a meeting in the township. I called my son working in the township, and later the route will be restored and widened."

"Doesn’t it mean taking up the land?"

A villager asked, surprised.

Hearing that.

That person pouted.

"Tch!"

"Clearly, the river was occupied first, and now it’s just being restored. Don’t worry, the country will definitely have compensation, the village has so much unused land nowadays."

"That’s true."

"..."

The villagers discussed warmly. The river route in their village had been blocked for decades. An upstream landslide caused the downstream tributary direction to change.

Thus.

The river route became farmland, distributed to the villagers for cultivation. This could be compensated; those who illegally occupied the river route would not be included.

Before long.

The village head returned, and the prepared ten-minute policy interpretation began broadcasting, explaining the significance of the project in detail.

After listening.

Not a complaint was uttered.

Oppose?

No.

If someone wanted to build a factory to make money, they’d definitely have opinions. But this is the country solving flood issues, what reason do they have to oppose?

"Do we need to dig deeper?"

"No need."

The village head waved his hand.

"We just need to widen; the significance of the diversion river routes, besides flow, also considers safety, mostly widening, only some uninhabited areas will require deepening."

"Average depth of one meter."

The water network is dense, surrounding not just their one stream. In fact, besides the original river route, the village will have another river route that originally did not exist.

Therefore.

No need to dig too deep. If the village kids swim in it, it won’t be great if something happens. A depth of about one meter is safe for all except too young ones.

No big issue.

If the aim is to ensure no issues at all, then they’d have to put a cover over the river route.

...

Currently.

Ten miles away from their village.

A huge valley.

Central.

"All moved?"

"Yes."

The village head told the villagers living in a huge valley, "This valley is low-lying, spanning sixteen kilometers in length. The deepest depth is also suitable."

"It is also connected to several other large valleys."

"The total flood storage capacity reaches several hundred million cubic meters."

"Therefore."

"Like you, more than three hundred households in the entire valley need to move, as this will serve as a flood storage node." The village head explained.

"Rest assured."

"Compensation will not be lessened, and land as well." In fact, choosing populated big valleys is rare; more often, remote areas are chosen.

"..."

After listening.

The villager inhaled a puff of cigarette, looked at the place where his ancestors lived, and sighed. He had heard rumors before, as someone had come for assessment.

Heard quite a bit of insider news.

Now.

The speculation had become reality.

"Good!"

"I’ll move."

He did not hesitate much. This is for solving flood issues, not a forced occupation. Even though he lacks culture, he knows this is beneficial for the country and its people.