Chapter 2138 - 1960: Official Establishment
Chapter 2138: Chapter 1960: Official Establishment
Now.
Economic recovery.
Foreign exchange reserves have also recovered, and are much higher than before. Especially last month, the donation from the Ou Wei Foundation was credited, causing the reserves to soar.
Good people!
Truly good people!
This increase.
Is worth hundreds of billions of dollars, plus advance payments from other countries, Myanmar’s foreign exchange reserves now approach $200 billion, an unprecedented amount.
Think about it.
Five years ago.
The entire Myanmar’s foreign exchange reserves were just over $20 billion.
Life was tough.
Poverty-stricken.
Relying on grain and raw materials exports, every cent was earned with great difficulty.
And now?
A hundredfold!
A full nearly hundredfold growth, and along with it, the assets of those present have snowballed; compared to before, it’s an entirely different world.
Therefore.
Their support for Ling grows ever firmer.
Lang Cai?
Although there’s some sympathy, only the wise recognize the times. Be it ability, prowess, or real benefits they can bring.
There’s simply no comparison to Ling.
Now.
His doors are deserted.
No one dares to visit, and during festive seasons, only Ling would check on him; what they talk about is unknown, but no one feels they can also go.
It’s been a while.
Since they last contacted Lang Cai.
…
On the other side of the city.
Lang Cai’s home.
In the living room.
On the sofa, Lang Cai watched the news, looking excited. So many countries gathering in Myanmar, something he dared not dream of during his tenure.
Once.
On the international stage, this land was as invisible as a speck, with almost no one paying attention. But now, it is a pivotal presence in Southeast Asia.
In terms of GDP.
Last year, it moved from mid-lower to first place.
Over $600 billion, surpassing Indonesia; it was a scene that could previously only appear in dreams, yet it happened so concretely, shocking him.
“Good.”
“Good.”
“Asia Dollar.”
“Sigh!”
“…”
Mumbling intermittently, he knew about Ling’s Asia Dollar strategy, but still felt uneasy; however looked at, it’s like walking a tightrope.
But.
He couldn’t say anything, Ling is now the big shot, with unanimous support, as solid as a fortress, almost revered blindly; it’s no longer his era.
The last sigh.
He sighed over the Myanmar Kyat becoming history, ending with an extremely disgraceful devaluation, and in the future, if it succeeds, no one will remember him.
It can be said.
His traces have been almost completely erased by Ling.
…
As noon approached, when the last guest arrived safely, Kan Qin breathed a sigh of relief. Thankfully nothing went wrong, otherwise, it would have been quite inauspicious.
“Let’s go.”
“Yes.”
Miao Ye followed behind.
All morning.
He hadn’t sat down, but wasn’t tired either; he pays attention to exercise regularly, and unless it’s walking all day, he’ll hardly feel uncomfortable.
Arriving late, it was the guest from Polar Bear.
For the first time here.
Gazing out the window with amazement.
“Indeed very lively.”
“So many people.”
“…”
In the car.
The Emperor sighed; envy? No, with Polar Bear’s foundation, there’s no need for that, not even towards the United States, as the concept of money varies by country.
We don’t have much foreign currency.
But.
It’s not entirely unearned, rather the risk is high. Regarding Europe, the United States, relations are globally known, thus holding their currencies entails risks.
One might end up being trapped again.
So.
Regarding being suppressed, Americans often control oil prices to affect its reserves, although there’s resentment, it’s limited, as it’s a strategic issue.
For great powers.
Having adequate foreign exchange reserves is enough; the only precaution is against exchange rates being battered, but there’s an exception, which is a strong financial control in place domestically.
Like in Myanmar.
Last time, even when foreign exchange reserves were exhausted.
Asia Dollar depreciated.
So.
Its influence wasn’t destructive, because strong financial controls made it difficult for foreign capital to profit massively through bottom-fishing, shorting, or loans.
It’s unlikely that Myanmar would completely collapse, at most, it would take a hit.
Recalling that time.
He couldn’t help but laugh.
Nearly emptied the foreign exchange reserves, but they remained unshakable, with unanimous effort, gobbling up all the assets they dumped; re-entry would be difficult.
Want to buy?
Ha!
With Myanmar Bank Group backing up, a large number of assets entered its hands; wanting to buy again, you’d likely get a glaring “get lost” stare.
They aren’t short of money.
…
Noon.
Banquet hall.
A grand feast is being held, with fruit wine and gourmet food, soothing music echoes; the big shots of various countries are quite satisfied, and in their hearts they sigh:
“Enjoyment!”
Diet.
Environment.
Health.
The Myanmar Bank Group’s changes to the world are becoming more profound, and within a year, the global high-end food market will reshuffle.
This year’s modulation solution sold too much.
But.
They believe next year there will be even more, as the vegetables and fruits cultivated are of a fundamentally different quality compared to naturally grown ones; organic is no longer the best quality.
At least.
In terms of flavor, they can’t match what’s before them.
“So delicious.”
“Tasty.”
“The side dishes even taste better than the meat.”
“Mm-mm.”
“…”
Those familiar quietly discussing, besides envy, there’s nothing else to do; even if one day the Transcription Fluid is cracked, it unlikely lies within the majority of countries present.
Thus.
As indirectly benefiting countries.
They hope that this day will come as late as possible, while Myanmar Bank Group makes more money, they can loan more, seizing this rare opportunity.
Transportation.
Infrastructure.
Agriculture.
These are all lagging behind too much.
Moved.
It was too hard to borrow money before, with annual deficits; even if you have mines, someone must want them, and major powers have plenty of land, not lacking much.
Moreover, developed countries’ infrastructure crawled for decades.
Additionally.
There’s the issue of those lacking funds, they can’t afford it; only small countries know how helpless it feels, too envious of Huaxia’s Spirit of struggle.
Otherwise.
With half their effort, it wouldn’t have turned out this way.
…
Afternoon.
Three-thirty.
The conference hall was filled with people, each big shot had his country’s flag placed on the Table in front of him, looking extremely solemn, the flashes never stopped.
“Today.”
“The World Union Organization is officially established.”
“Believe.”
“That its existence is beneficial to the world and all countries, hoping that through our concerted efforts, we can bring more positive changes to the world.”
“Mutual assistance.”
“Win-win.”
“Benefit all people.”
Righteousness.
Is definitely something to hold on to.
After Ling finished speaking.
He signed his name on the document in front of him.
After signing.
It was passed to the next big shot, seeing the Contract, everyone was slightly surprised at the materials, seemingly unusual, though without more thought, they signed.
With so many countries, actually not many need to sign, just a little over half, totaling twenty-nine countries, mainly from Africa and Southeast Asia.
However.
This is only the beginning; every year new members will be embraced. And those joining first will naturally get more benefits than those joining later.
Five billion in Asia Dollars.
Interest-free.
Thirty years.
It can even be exchanged for U.S. Dollars, making it extremely tempting, of course, if it wasn’t genuinely useful, countries wouldn’t convert it, otherwise, it would be quite improper.
Giving you money.
And you still deplete their foreign exchange reserves, it’s inappropriate.
Finally.
In a scene of hand-holding camaraderie, the World Union Organization was formally established, everyone rejoiced, and even Live TV added Fireworks effects.
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