Rebirth: Super Banking System

Chapter 2354: Chapter 2194: The Trillion-Dollar Shock

Soon.

After chatting.

Kan Qin returned to the office, feeling a surge of emotions. It took a while to calm down, and then he sat on the chair and started looking at documents, contemplating this year’s work.

The utmost priority was only one item.

—Infrastructure.

Highway.

Bridge.

Railway.

Hydropower.

Urban construction.

Airport.

Facilities.

…..

The sheer number of projects, just the directory alone could fill a thick first-rate book. This was an investment that spared no cost, mainly focusing on large-scale projects before.

Starting this year.

For three years.

The goal is to achieve connectivity to every village across Myanmar, taking insights from the Myanmar Economic Zone. The purpose is clear: in three years, there will be no more large-scale road projects.

Only repairs.

No new constructions.

At the same time.

The authorities will subsidize to carry out comprehensive new rural construction.

Network access.

Electricity access.

These have actually been achieved. Water supply access is the main project for the next three years. It was already achieved in the Myanmar Economic Zone, but not yet widespread elsewhere.

Thus.

The breadth of coverage and the scale of investment are imaginable. Even Kan Qin couldn’t help but click his tongue in astonishment at this investment of over ten trillion Asia Dollars.

Click! Click!

What a grand scale.

However.

He likes it.

If there was no money, it would be understandable, but now in Myanmar, the authorities’ finances are tight, and they are heavily in debt. Yet, with the Myanmar Bank Group, they can just borrow.

Repay slowly.

Anyway.

This is an industry controlled by Ling, much safer than borrowing from foreign countries. As for why Ling spends money so recklessly, Kan Qin understands in his heart.

It’s not about being foolish with money.

But about maintaining circulation.

Now.

The internationalization of the Asia Dollar is accelerating, just like the dollar. If you hoard it, being penny-pinching, how can others acquire the Asia Dollar just by saving money?

No way to talk about internationalization.

Hence.

Spend.

You have to spend! Form a currency circulation, and other countries, especially Huaxia, will be willing to spend a lot on buying expensive products like Oasis.

At the same time.

Only then can international trade settlements in Asia Dollars proceed. Although it’s a bit nerve-wracking, regarding this action, Kan Qin can only say.

—Cool.

In the past.

Wanted to spend but couldn’t.

Now.

Have to make up!

…

That day.

The Myanmar National Bureau of Statistics announced the GDP statistics for 2009 externally.

Instantly.

The media worldwide was in an uproar.

“Shocking! Myanmar’s GDP growth rate in 2009 exceeds fifty percent, surpassing one trillion dollars, becoming one of the top fifteen global economies.”

“A miracle of the century!”

“For three consecutive years, Myanmar’s GDP growth rate has ranked first globally!”

“The largest economy in Southeast Asia.”

“…”

In fact, they had long been anticipating it. With excellent statistical work and a leading statistical cycle, Myanmar has been the first to announce for several years.

In 2010.

The first international heavyweight economic news.

Was born.

At a glance.

Many people were not calm.

“What the heck, one trillion dollars, is it real?”

“Oh my god!”

“Official data, it can’t be wrong.”

“Miracle!”

“Compared to six years ago, it’s fifty times, I don’t even know what to say. What an extraordinary feat, a miracle of the century indeed.”

“Incredible!”

“…”

Trillion.

Dollars.

The combination of the two is tremendously impactful. The difference from the previous more than six hundred billion dollars is not four hundred billion, but a magnitude.

One trillion dollars.

It’s a new level. Such figures can already breach into the top fifteen global economies, and it seems, their pace has not stopped.

No decline.

Instantly.

Countless Third World countries were envious.

…

India.

Complex feelings up and down.

In 2008.

With a GDP of over 1.2 trillion dollars for over a billion people, India was twice that of Myanmar, but a year passed, and they saw they were nearly caught up.

The feeling was not pleasant.

Moreover.

What is known at home is that, when calculating GDP, India’s algorithm is flawed, overstating by twenty percent, which is absolutely an understatement.

So.

The problem arises.

Subtract twenty.

Uh!

It’s about the same as Myanmar, which is really hard to accept for them. A poor neighbor not only caught up in a few years but stands equally.

Even.

Shows a trend of overtaking.

“Our GDP data hasn’t been released; it must be higher than Myanmar’s!”

“Indeed.”

“We have so many people!”

“Right.”

“…”

With mysterious confidence, they eagerly looked to the Indian authorities, hoping the statistical departments would provide an answer that pleases, surpassing Myanmar.

However.

At this moment.

In the Indian capital.

The statistics department was also bewildered. Even though Myanmar’s data for the first three quarters was alarming, catching up with India was truly shocking.

This time.

For the sake of face.

Hmm!

Just… fill one in!

Anyway, they’re used to it.

Not too much, not too little, each year has to have some growth rate to avoid complaints from below.

For peace and for face, they absolutely shouldn’t publish the real data; indeed, they themselves are not clear what the real data is.

India.

Is a federal system.

Therefore.

Each acting on their own, having each state diligently calculate GDP is almost perfunctory. Often, it’s just reporting a bit more than the previous year.

It doesn’t really matter.

Therefore.

Whenever GDP is questioned.

They are also uneasy, truly helpless. If one talks about the fastest method for GDP growth, it’s mainly in commodity production and infrastructure investment.

Look.

Huaxia.

How many goods exported each year?

How much investment in enterprises?

How many buildings newly constructed? Infrastructure investment is an astronomical number, and GDP growth can barely maintain around ten percent. But what about India?

First.

It’s not the world factory.

Second.

No significant enterprises are coming to invest.

Third.

The domestic demand is not pulling up, new constructions are few.

Fourth.

Infrastructure?

Ridiculous.

It’s hard to even requisition land, what infrastructure is there to speak of, this way of economic growth is extremely unfounded, but in such an economic environment.

Saying GDP growth of seven or eight percent, nearly in line with Huaxia, any discerning person can see how much water is in there.

Uh!

Alright!

Still the same phrase, just get used to it.

…

In the mountainous area of Innerpitou.

Villa.

Gitti, who finished farming.

Walked slowly back to the living room.

Turning on the TV, the first thing she saw was the news, and a trace of disbelief flashed at the corner of her mouth. When she was taken away, the known GDP was over three hundred billion dollars.

Now.

She is told it’s already slightly above one trillion dollars.

Five years.

Fifty times.

Instantly.

She was stunned for several seconds.

Not long after, the disbelief on her face transformed into a slight bitter smile. Such a major event, how could it be fake, and besides, it doesn’t seem too far-fetched.

Trade.

Infrastructure.

Loan.

Travel.

…

So many carriages pulling Myanmar’s GDP forward, producing such data is reasonable, just too surprising, truly an economic miracle.

And this.

Also made her feel awe for the organization again. To plan one thing is talent. To plan a region is heroic. To plan a country is to be king, and this capacity to plan the world.

“…”

For a moment, she didn’t know how to describe.

She only knew.

The world.

Is changing in ways she cannot comprehend.