Chapter 2506 - 2344: A New Landscape
Chapter 2506: Chapter 2344: A New Landscape
Ten miles away from Sun Jiang.
At home.
Kan Qin was still spending his weekend and read the brief three times over.
"Good."
"Good."
"..."
He said "good" several times in a row.
This sort of data
is something that Myanmar currently cannot immediately compile. Because it requires calculating global trade data. The difficulty is one aspect, the other is that it’s quite troublesome.
Therefore.
Myanmar chooses to rely on guesswork.
However.
He can see the latest Asia Dollar trade payment data and compare it with previous global commodity trade totals, and he can roughly estimate in his mind:
It should be similar to the British Pound.
But surprisingly,
the real situation is that it has surpassed the British Pound.
"Not bad."
Kan Qin looked very pleased.
At this moment.
He didn’t miss the decades-long use of the Myanmar Kyat at all. The current Asia Dollar truly gave him face. It actually reached third place.
Stamping on the former number three.
Joyful.
Happy.
"Cook a bit more for lunch," said Kan Qin.
"Okay."
His wife responded.
Even as a deputy chief.
On a regular day off, they would still eat the meals cooked by family members. Looking at Kan Qin, his wife couldn’t help but smile. Compared to when Lang Cai was in power,
the current Kan Qin had really found his true leader.
Power.
Status.
Are vastly different.
In the past,
because he came from a humble background, even as a deputy chief, he was still at the bottom. Now it’s different, deeply trusted and heavily used by Ling, he could finally realize his ambitions.
...
At this moment.
The neighbor.
India.
Saw this news and chose to... roll their eyes.
"Here we go again."
"We’ve already gotten used to it."
"Haha!"
"..."
Starting from March, a series of blows caused them tons of emotional damage. By now, they were too numb to care.
Tens of billions of dollars in orders.
A gold mine with unknown reserves.
Three hundred billion Asia Dollar bonds.
Several more city constructions.
...
And now.
World’s third... How enviable! The jealousy drove them crazy. And surpassing the British Pound made it even harder to accept.
After all,
being colonized by the United Kingdom for so long.
Till now,
it’s still one of the Commonwealth of Nations, and the respect for the United Kingdom is heartfelt. Now that the British Pound has been overtaken, it’s like surpassing the United Kingdom.
How could their mood be calm?
Darn!
Their mentality had exploded!!!! Is there anyone who can tame this demon!!
...
To the south.
Thailand.
Was slightly shocked by this news as well.
This achievement is simply amazing. To think, five years ago, this currency didn’t even exist in the world. In five years, it soared to the world’s third place.
What an astonishing achievement.
Speaking of which,
this is really too monstrous! Once again, a strange feeling of sourness arose in their hearts. A country only one-tenth of Thailand’s GDP, in five years.
Breaking a trillion dollars, about six times that of Thailand.
In the past,
Myanmar envied Thailand.
Now,
Thai people envy the life in Myanmar. Especially those who have visited the Myanmar Economic Zone, upon returning, they felt their mentality collapse.
Villas everywhere.
Accessible roads in every village.
Everything.
It’s like living in a developed country.
Envy.
Jealousy.
Want to... immigrate!
The reality is disappointing---they don’t accept immigration. Even if married to someone from there, there’s no way to obtain Myanmar citizenship.
Many people regretted it to the point of turning green.
Had they known,
they would have immigrated when Lang Cai was in power. Life now would be exceptionally comfortable. Everything happens because this Ling variable is too great.
Everyone was caught off guard.
By the time they realized,
the opportunity had already closed.
"Do you think that in a few years, will Myanmar become a developed country?" A Thai netizen asked.
"Definitely will."
"No."
"The economy can reach it, but technology cannot. It can at most be called a developed nation, but not a developed country as Myanmar’s technological structure is too single-focused."
"That’s right."
"Per capita GDP is not the only standard for a developed country."
"But it’s just such a single-focused technology, yet it’s poised to become one of the world’s top ten economies."
"..."
Suddenly.
They collectively picked lemons. Is it important whether they’re a developed country or not? It’s not important; what matters is that the quality of life there, in their eyes,
is comparable to that of a developed country and equally enviable.
...
In response to the rise of the Asia Dollar.
Globally.
Most countries feel similarly about it. Apart from envy. In their hearts, the weight of the Asia Dollar has changed significantly from before.
Third place.
Bronze.
The difference between it and fourth place is a distinct boundary. The global recognition of the top three is almost ingrained in various fields. After surpassing the British Pound,
the Asia Dollar.
Has truly established a reputation in the hearts of countries.
Moreover,
the Asia Dollar is strong.
Firstly,
with a massive reserve of scarce commodities, it supports its advantageous position.
Secondly,
the over three thousand tons of gold reserves, it’s solid confidence.
Thirdly,
Ling’s Asia Dollar strategy---steady appreciation. This makes countries feel assured in storing and using the Asia Dollar, without worrying about it turning into worthless paper.
...
At this time,
facing their own British Pound being surpassed by the Asia Dollar,
The British people are optimistic and think: This is only temporary, now the UK is busy with Brexit, and only a small problem allowed the Asia Dollar to take advantage.
It’s a small matter.
Once the situation in the UK stabilizes,
the Asia Dollar
will eventually be pushed back to third. How could the currency of the Great British Empire lose to the Asia Dollar? Instead of worrying about this, they might as well urge Brexit along.
Therefore,
the UK’s reaction is quite calm.
...
And this,
Tang Qing obviously won’t let it happen as they wish.
After the news,
globally,
under the premise of a massive release of Asia Dollars, a large number of acquisitions occurred. Myanmar Bank loans were given to some companies in the country for them to acquire other peers.
At first glance,
they were also given sufficient funds.
Also,
with the price war going on like this, it’s really meaningless, it’s better to sell at a good price. Including Asia Dollar transactions, it’s simply waiting for the value to appreciate.
Sell!
Must sell!
Subsequently,
after getting the money, some invested in other projects, while others saved it in Myanmar Bank waiting for appreciation. And these acquired import and export companies began supporting the Asia Dollar.
Intentionally,
spontaneously,
after the Asia Dollar became third, international trade settled in Asia Dollars became more common.
In just half a month.
By the end of May,
The data Tang Qing received showed an increase of nearly 1.2 percentage points.
"Not bad."
He was very satisfied.
One point two.
Under the total global trade amount, this is no small number. The British Pound wanting to surpass it back is already impossible, Tang Qing wouldn’t allow it.
Of course,
it’s not like Britain has lost a lot because of this or anything.
Far from it.
After all,
this is just commodity trade. It doesn’t include financial acts, the UK can still wave around the British Pound buying things worldwide. The growth in these respects,
is mostly between companies in different countries, with transactions occurring outside of the UK’s shores. The only loss for the UK is that in the future, their use of the British Pound might not be as smooth.
Because,
If the amounts used between company transactions decrease,
then,
countries might not be willing to store large amounts.
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