Chapter 3751: Yueshi’s funding issues

Qin, the financial expansion meeting, the expansion of the meeting means that many bankers will also participate in it, and their opinions will help the Qin government to make the most sensible fiscal policy decision.

"We can buy a large number of Yue's bonds. There is no problem with this. But the key to the problem lies in the quality of Yue's assets, which is to reduce the risk of assets. We cannot make this risk very uncontrollable. This is a huge disaster for us. We cannot watch such risks emerge." Xiao He spoke on behalf of the bank.

"We also have such considerations. After all, bonds such as securities are said to be marketable securities. This mainly depends on the performance of the government. From the current point of view, the Yue government’s fiscal revenue is less than half 500,000 yuan. Such revenue is far Far below our expectations, and the number of bonds they issued exceeded two million. This is a huge number, which is more than four times their fiscal revenue. From the perspective of economic growth, Yuezhi's potential may be It's just below one million, it's unlikely to be too much." Shang Wen said.

"In other words, from the beginning, risks existed." Shang Wen said frankly. All bankers understand this point. They don’t want to buy a bond with a bad bond rating and throw it into their hands. In that case, their funds will become worthless waste paper. No one wants to see this. The emergence of this situation.

"So, we need to transform the functions of the Yueshi government and related Yueshi enterprises, or upgrade them. You mentioned oil refining in the report. I think this is a direction for Yueshi's future development, and they The mineral resources of Qin are also richer first, which can meet some of our needs. After all, this is the main channel to enter India. At present, 25% of Qin’s oil is imported from there, and it may be possible in the future. There will be more. Qin's current demand for oil has become very large, and this has potential." Shang Wen said.

"Well, Prime Minister, we all think this can help us greatly, but the situation is, what should we do?" Xiao He asked.

"Not for the time being. I think you should be able to come up with such a plan." Shangwen does not have a very good way. The bonds are converted into Yue's financial funds, and Yue's financial funds will spend a lot of money to purchase various items. All kinds of materials, in this case, can be regarded as support in disguise.

"We do have a relatively immature plan. The method of this plan is that we ask Yue's to establish a series of enterprises. They get military procurement orders and then carry out construction, from logistics supplies to front-line weapons and equipment. We Qin State-owned Bank can receive more funds for them and purchase their shares, and they can also seek to go public. In this case, the Yue government will receive more financial support, especially their market, except for the government’s In addition to the two million bond funds, they will get more. In this way, they can better activate Yueshi’s market and make Yueshi’s repayment ability stronger. In this way, it will be beneficial to everyone. It is very beneficial." Meng Yi said.

"I have to say that this plan is very effective and very stimulating, which can greatly enable Yueshi's enterprise to develop." Xiao He said.

Shangwen made a careful calculation. In this case, it is equivalent to a disguised increase in the fiscal revenue of the Yue government. The situation is very simple. Active companies will provide more tax revenue. In this case, the Yue government may be more expensive. Repaying a large amount of debts in a short period of time, and at the same time their economy prospered, this has a great positive effect on reducing the risk of bonds.

"I think this is very feasible, at least for us, it is a very big result." Shang Wen nodded in agreement.

"But we still need to verify it concretely. Only in this way can we find a development method that is more beneficial to the Qin State." Shang Wen said. Others nodded their heads in agreement with the occurrence of such a situation. After all, this kind of thing is the most acceptable situation for them.

Qin State, Ministry of the Navy.

"The South Korean Naval Aviation is boldly researching a new type of warship. This is a research report they sent." A navy lieutenant colonel handed a report to the Navy Deputy Commander.

"What kind of report?" the Navy asked.

"An aircraft that can take off and land on the deck of a battleship, sir. This is a brand new battleship, but it's still under study. I think the Koreans will soon invent such a brand new battleship." The school reported.

"Oh my God, the deck on the battleship is full of cannons. From where did they take off, they would crash the plane. I think the Koreans must be crazy. Don't they know?" The Navy Asked inexplicably, the deputy chief.

"I think so too, maybe they have other ways to solve this kind of thing. In short, this is a brand new warship." said the navy lieutenant colonel.

"Okay. We pay attention to this point, and they will understand such a thing themselves." The navy deputy said with little concern. For such a new warship, this kind of challenge seems to be really great for them, because sometimes they need to determine some of the other's new approaches.

Zhao Guo, Handan, within the Banking Association.

"Prime Minister Guo Kai means to let us buy their national debt and then borrow the Carthaginians. At the same time help them establish many businesses and provide more weapons and equipment. But in this way, our banks will bear the risk. It’s very big. Everyone says it’s hard to bear so many risks under such circumstances.” said a banker. Guo Kai’s idea is simple, but for the bank, this is an opportunity, but before seizing the opportunity, they still have to minimize the risk.

"I think we are a little anxious at the moment. We should understand the current situation of Carthage. The quality of their situation has a great influence on us. If we don't let it, our situation will be very big. It’s not good, we can’t let this happen, and we can’t allow this kind of thing to happen, so the best thing to do is to find a way to solve this problem. To understand them, to understand everything about them, I think everyone is about this news Neglect.” A young banker stood up and said.

"That's it. The military has sent more than two thousand officers to Seth, Persia, and Carthage to conduct inspections. They acted as advisory groups and observation groups. Since the military can do this, I think it can too. To do such a thing, at least, we can understand everything about the Carthaginians in detail. With such things, we can reduce the risk very well. After all, such a thing is very easy for us. At present The risk, not so much the risk of the bond itself, is that we do not understand the risk of the situation, and we are full of fear of the unknown." The young banker said.

"Papa." Hearing this, many bankers clapped approvingly.

"Who is this young man?" a middle-aged banker asked another banker next to him, clapping his hands.

"I don't know too well, but what I know is that this young man has the surname Guo. You know, in Zhao Guo, there is such a great ability and a person of opinion. I think you know." The other party hinted.

"Oh. I see. Young is good, very thoughtful and insightful." The other party said. Immediately the bank decided to send some personnel to Carthage. They believed that the young people were right, fearful, and cognitive fear. If there were no such fears, they would not be able to do such a thing. This is the situation. They need to understand the Carthaginians to make the most informed decision.

State of Qin, Xianyang, in the prime minister's residence. Shang Wen and Meng Yi are discussing the issue of Yan State in the office. But Shangwen suddenly had a new idea.

"In the case of Yan State, we can encourage other countries to buy their bonds, or the people of Qin State can set an example." Shang Wen said.

"I want to hear what your thoughts are?" Meng Yi asked Shangwen.

"Today's incident of Yueshi gave me some inspiration. Think about it. If we apply the things that dealt with Yueshi to Yan Guo, will their problems be solved?" Shang Wen said.

"But the problem is that the Yan government is unwilling to make more concessions. Our Ministry of Foreign Affairs has issued a lot of extremely harsh diplomatic words, but the other party seems to not care at all. This makes us very passive and difficult to proceed. They are very passive. It's just a bunch of pedantic things." Meng Yi said helplessly. For Yan, Meng Yi's attitude is to give up, because Yan people always emphasize in front of their dignity that any concession made by the Yan government is a challenge to their dignity, even though they are already very difficult. But the **** dignity issue made them extremely staid.

"Let’s try, maybe what the Yan government needs is such a solution. Instead of passively responding to such a situation, it’s better to give them some better conditions. Don’t you think?" Shang Wen felt, Yan Guozhi So the reason for being so stodgy lies in their own problems, and their heads have problems themselves. If they are given enough conditions, they may be able to change such a situation. But Meng Yi believes that Shang Wen is a bit too optimistic. Shang Wen didn't understand the people of Yan Country. There was a kind of abnormal self-esteem in the bones of Yan Country people. Any trampling behavior would make them feel very dissatisfied.