Chapter 645

November 7.

Monday.

The capital.

Lang CAI and his party arrived at Beijing airport at a quarter past ten in the morning.

As it was not an official state visit, it was just a discussion about the RMB loan, so it was not very important. Just according to the general reception process for foreign visitors, Lang CAI and his party were received in the reception hall.

All the mortgage information and application materials were sent to the capital on Friday, so there is no need to discuss them. The capital has already completed the preparatory work by the weekend.

After Lang Cai agrees to some conditions, the loan will be officially approved. Of course, no major leaders are required to participate in the specific loan meeting. They have a lot of opportunities every day. How can they have time.

So I left after a polite photo.

Only business, foreign affairs, the central bank and the head offices of the four major banks are left behind.

Zhu Wei, governor of the central bank, presided over the meeting.

The business department is responsible for the negotiation.

To tell you the truth, it should not be Zhu Wei. After all, the central bank is the note issuing institution of RMB. It doesn't operate outside and has no right to loan. However, since Huaxia bank wants to obtain the banking license of Myanmar this time.

This will certainly involve the clearing systems of the central banks of the two countries.

That's the business scope of the central bank. None of the four major banks can decide.

"President Lang Cai, once again, welcome to visit China. We agree in principle to this 160 billion yuan loan application, but we have several requirements on the details."

"Go ahead, please." Lang Cai said.

"In the purpose of the loan, you mentioned the use of RMB loan, which is mainly used to purchase China's building materials, machinery, equipment and services. For this, we thank you for your trust in Huaxia and RMB, and for your support to our domestic enterprises.

You proposed that 40% of the loans will definitely use Huaxia's service providers, but we hope to increase it to 70%. As you know, we have rich experience in highway, bridge, railway, airport, wharf, power station and other projects.

There are also many products with good quality and low price in automobile, industrial equipment, heavy machinery and metal smelting, and there are many possibilities for cooperation in the field of technology. I think 70% is not a high number. "

In the previous email.

The planned railway, long-span bridge, airport, wharf, hydropower station and other projects in Myanmar are clearly pointed out that they will be handed over to Huaxia company, with a total investment of nearly 70 billion yuan. However, many other projects are not clear "where to go".

That's why we have the conditions to increase the proportion this time.

The money is not RMB. It can only sell things in China, such as construction bidding. Chinese companies can come, foreign companies can come, and Myanmar's domestic companies can't be said.

Huaxia company won the bid, but it is said that it has made money, which is generally used for the operation of enterprises.

However, after winning the bid, companies in other countries may not necessarily invest their money in China. For example, companies in Myanmar will surely convert their earned RMB into kyat. Where can I exchange it? The Central Bank of Myanmar, of course.

What about the Central Bank of Myanmar?

Naturally, the company will give the Myanmar dollar to the company, collect the RMB earned by the company, and then deposit it as Myanmar's foreign exchange reserve. At a certain time in the future, it will be returned to Huaxia Bank as interest or principal.

In a short time.

There's no way to get into the market.

Therefore, it is necessary to increase this ratio. The main purpose is to let RMB enter the Chinese market and promote economic development, rather than settling down or being washed away by the trade between the two countries.

Lang Cai tried his best to keep a smile and said, "this proportion is a little high. We should also consider the employment problem in our country. The proportion of 40% was promised before and increased to 45%. I think it's just right. At most, we can increase the proportion of Huaxia Industrial Equipment in the import of other commodities."

"President Lang Tsai, I also know about employment in Myanmar."

Every point in this.

It represents not a few hundred million, but the capital flow of more than one billion.

As long as we strive for one more point, we can create more than one billion yuan of investment for China in disguise. Therefore, we will spare no effort to fight for this. Fortunately, we all have a number, and the proportion remains at 59%.

It's a happy day for everyone.

Huaxia won 59% of the money, which doesn't mean that Myanmar will lose money. Those who contributed to the loan didn't care. For one thing, they really couldn't handle many things themselves and had to buy them from Huaxia.

Among them, infrastructure construction accounts for the majority in this planning, which is also the reason why they are eager to raise the upper limit. That is because, according to the previous scale of 80 billion, the projects they got are far less than the current one, although they are sweet.

"Second, we hope that Myanmar will open up its banking access to China and allow Chinese banks to engage in banking services such as deposit and loan, currency exchange and credit consumption in Myanmar. I think it will be of positive significance to our loan. We want to apply for four banking licenses in Myanmar to promote the normal exchange of funds between the two countries."“。。。。。”

“。。。。”

It's near noon.

Only a small part of the negotiation has taken place.

After lunch.

The negotiations continued.

As it was getting dark, the terms of the loan were finally settled.

First, at least 59% of all loans will be used to purchase Huaxia's services and goods.

Second, Myanmar issued a banking license to Huaxia Industrial and commercial bank and Huaxia Construction Bank respectively, allowing the two enterprises to enter Myanmar's banking industry and carry out general banking business such as deposit, loan and cash.

Each bank can set up no more than two branches in cities above the first level of Myanmar City, and no more than five branches in the capital of Myanmar, and cannot settle and accept with the US dollar foreign exchange reserves of the Central Bank of Myanmar. As for the credit card business, it promises to open in three years.

。。。。。

The remaining dozens are mainly about the agreement on the bidding and other details of some projects.

So to speak.

Lang Tsai's brain has been aching all morning. Fortunately, he is not the main negotiator. He just needs to make a final decision on some major interests.

The rest is the negotiation between zero and Huaxia commercial department.

Here's a look.

Zero's negotiation ability is the only time that Lang Cai is very happy. Before, they were all wronged by zero, but this time, zero is helping himself. Looking at the bitter gourd face on the other side, Lang Cai feels in a good mood.

And zero's negotiation ability also left a deep impression on the Chinese side.

Generally speaking, it is a happy situation for all.

。。。。。。

In the evening.

Tang Qing finished watching the minutes of the whole meeting.

The credit card they mentioned made him interested.

If you want to activate the economy, overdraft consumption will become inevitable. In the future, an important part of Myanmar's domestic demand stimulus will be the expansion of the loan population and scope. However, now Myanmar does not allow foreign banks to carry out credit card business.

However, the Bank of Myanmar group can do it, but not in other places. At least it can take the lead in launching it in the special economic zone of Myanmar, and it can also be used as a test field to prepare for the massive popularization in the future.

You know.

Credit card is an important cash cow of the bank.

In western countries.

Credit card is the real money making thing. As for other ordinary loans, it's just a small way. Especially the Western banks, which have implemented low interest rates for a long time, with annual interest rates of 3%, 2% or even zero, can make fart money.

In New York, USA.

18% annual interest is against the civil law.

If 25% of the annual interest violates the criminal law, people can be arrested directly.

The interest of credit card can be as high as 30% or 40% without any restriction. It can be said that in the United States or western countries, credit card is the only legal usury and the biggest source of profits for bankers.

At this time.

Tang Qing finally realized the cruelty and sharpness of the dispute between Alipay and WeChat and the interests of foreign banks.

Past life.

Alipay and WeChat settle a matter by leaving it unsettled, but they are being blocked by the market. They have been trapped in the country and Tang Qing has been surprised.

But this moment.

From the perspective of bank interests.

These two things are really the same enemy.

Because these two things are robbing the bank's profits, they must be strongly resisted by the banks of other countries. It is basically impossible to enter those countries and be legal.

, for example, Alipay wants to enter the US market.

first, Alipay is going to lobby the Supreme Court of the United States to make this change system legal in the United States.

At the same time, we have to lobby the 50 states of the United States to persuade the legislatures of each state. Finally, we have to persuade the Federal Reserve to relax its supervision on banks, and we have to amend the Federal Reserve's financial supervision bill.

Good guy.

This is the road.

It's not a company that can go, but this situation is similar in western countries. You can't get in because you are challenging the interests of all the local banks. You won't be allowed to go in legally.

said, mobile phone payment in Alipay can be successful in China. It is the domestic banks have not yet responded, be taken by surprise, and want to enter foreign countries, especially in the western countries, how can it be possible.

You're not going to get a chance.

Tang Qing is a bank operator.

If there are such two payment methods in Myanmar's Special Economic Zone, what he can do is very simple. He can either recruit into Myanmar's banking system, or stand in the way. He can never live in peace.

There is no relationship that can coexist. Huaxia is a special market segment, and there is a vacuum of market rights and laws. It rises with the trend. Except Huaxia, there is no such opportunity.

Even if later generations are in the nearest island country, no matter how popular it is in the news, there are tens of thousands of registered businesses.That's just for the people who go to China to travel. The real islanders use less than one percent of them. Basically, they have been to China to travel or work, and most islanders don't use it at all.

The seemingly hot data, tens of thousands of registered businesses in island countries and one percent of users, is actually meaningless.

The most important one is interest.

If you draw the funds of individual investors into your own account, the bank's profits will be gone. If you still want to participate in consumer loans, you are digging the corner of the bank. If you expand to the loan business of all industries.

No need to say.

The bank will definitely quit. These two guys are bound to be recruited by the central bank.

So.

The scale of these two parties is limited, waiting for the improvement of the relevant Chinese laws. Although these two payment methods will not die, they will eventually be locked in the cage and enter a stable development path.

Alipay and WeChat's change payment system.

And all banks are almost natural enemies.

They want to compete with the banking system around the world.

It's not hard to guess.