Chapter 610: Rise of Water Pirates

Yingyu was very upset at this time. The funding situation is getting worse. Many projects have been launched. Funds are needed everywhere. And now the most lacking is funding.

There was a report on Yingyu's desk. The content of the report is a report on the flow of funds. Banks in South Korea have issued a large amount of loans. The country's ability to absorb deposits is limited. Investment has become a very hot topic. Besides, the bank's interest rate is low. Loans are easy, which greatly stimulates investment enthusiasm in all aspects.

But Yingyu has made the largest investment so far. She used a lot of money to support a war. The high cost of the war prevented her from launching in many ways due to tight funds.

But this war must be fought. Otherwise, all previous investments will be wasted. This pressure is too tense. She tried to waste everything to raise funds. There is no way for a steel plant to smoke. Can only be drawn from other industries. Such as retail. She directly cancelled the plan to set up twelve large supermarkets. This gives the local retail industry an opportunity to compete freely.

In the application of new technology, she can only purchase technology patents first. Then use technology patents as a negotiation weapon. The radio technology that Shang Wen saw had already been purchased by her. Now she is discussing with a large electrical appliance company how to make use of technological advantages for profit.

In order to raise funds, Yingyu thought of using the stocks in his hands. Her various stocks have issued between 12% and 15% of the total share capital. The stock market is basically in a bull market now. Stocks have risen. In particular, steel mills and railway stocks rose sharply. The price has exceeded the issue price during the period when the stock was issued. In particular, the two major stocks of steel and railway have more than doubled.

Even so. Yingyu is still facing financial pressure. Excessive funds were invested in the war. For businesses. Especially for a consortium like her, it is very disadvantageous.

This situation is also very unfavorable to Qin. Because Yingyu controls almost the entire financial world. If she has a problem here. Then Qin's entire economy has entered an era of crisis. Its impact is great. Maybe the pressure is too great. Yingyu is in a very bad mood.

Bad things always happen. With the widespread use of Qinguo electrical equipment. Qin wants to import more and more non-ferrous metal mines. Especially copper ore, tungsten ore, etc. The trading volume of these ore is increasing. The State of Chu also paid more and more attention to the mining of minerals in the Jiujiang area. It's not just minerals. There are also a lot of duck feathers and goose feathers. The main ingredient of down jackets. silk. Specialized breeding and sericulture began to appear in the Wuyue area. Because Qin's demand is huge.

Take silk as an example. Qin's demand in the past year has surged to more than two million shi. But the actual output is less than one million shi. The huge demand directly stimulated the large-scale sericulture in Chu.

In addition to these, there is a demand for rice. The people of Qin State began to accept and eat this kind of food. This is also widely planted in Wuyue area. A large-scale centralized merger of land appeared in Chu's agriculture. Especially the entry of the old nobles of Chu State. Let a large number of farmers with small plots of land lose their land.

The peasants who lost their land became serfs to these nobles. They cultivated the land for a lifetime in a contractual manner. But this is only a small part. Most farmers still have no source of livelihood. Some property owners moved to other places. Those who have no family property have become a social instability factor.

Because these areas are on the south bank of the Yangtze River. Especially Wuyue and Jiujiang. These places have very close economic ties with the Qin State. The Kingdom of Chu relied on these two places for half of Chu's wealth. Because it is on the south bank of the Yangtze River. It needs to be transported by ship. and so. The transportation industry on both sides of the Yangtze River began to develop.

Farmers who have lost their land have no jobs. Ship transportation is booming again. then. These people began to use this as a career. They attacked these ship ports on land. Then they absorbed a group of local fishermen. The fishery tax is too big. Chu State is changing its armaments. The war between Yan and Qi. In particular, a large number of front-mounted muskets flowed out to the neighboring countries of Chu. This forced Chu's armaments to begin a large-scale change of equipment. This requires money. The money comes from the fishery of Chu State.

Canned salted fish is also one of Qin's needs. That kind of freshwater fish marinated fish is also the kind that Qin needs. The north did not eat fish very much. But the newspaper promoted the benefits of eating fish. And Qin itself has a high status consumption power.

These factors have led to the emergence of fishery taxes. The fishery tax has increased the burden on fishermen. Either go ahead or transport the ore. It was very tiring. The emergence of unstable factors makes these fishermen become water pirates.

The land grab was defeated by family private soldiers. The gap in weapons. The duel of muskets and cold weapons. After the land failure. These people are mixed with fishermen. Water pirates formed. At first they just filled their stomachs. They only looted the ships that transport rice. But with the expansion of the number. Their goal is no longer to simply grab food.

"Damn it. I thought I robbed a big ship. I didn't expect to rob a lot of broken stones." A water thief scolded when he checked the cargo on the ship.

"Grandpa. There are only these ore on this ship. There is nothing else left." The owner begged for mercy.

Maybe it's nothing to do. Or maybe you want to play around with the owner. After all, it can't be done for nothing.

"What are these stones for?" the leader asked.

The owner dared not hide it. Naturally all said.

"These are all tungsten mines. Qin's needs are urgent. This is a lot more expensive. One stone needs Qin's sixty and a half taels." The ship owner said.

"What?" The leader couldn't believe it. This stone is so expensive.

"Boss. We might as well do this." A wretched little boss suggested. The two whispered to each other. Then a group of water pirates killed the ship owner and other people and transported the cargo on the ship to the north shore. As the owner said. South Korean merchants bought this ore on a large scale. Then resell it to the people of Qin.

This example opens. A large number of homeless people and fishermen who lost their land frantically attacked those ships. For a time, ship transportation on both sides of the Yangtze River was very tight. The price of ore soared. Qin State needs to manufacture various alloy steels and various electrical appliances. This had a very bad influence on Qin State.

This factor will promote the speed of Qin's naval construction in the future. Because there are huge resources of non-ferrous metals in the area south of the Yangtze River. The Qin country except the north. There are very few such large colored resources. Although there are rare earths in the north. But there is no technical support for the application. The South has new value.