1325 Chapter 1326 Allies of India

Episode 1326

The war was so silent for more than half a month. During this half month, both sides continued to increase their military equipment. When the equipment urgently transported by Russia to India was assembled, the military strength of the entire India suddenly increased to At a terrible stage, the energy group and China also felt that the Indians really seemed to be coming. India announced on the same day that it had entered the national mobilization. Over 1.7 million troops were stopped. Li Cong and the Chinese government also felt that However, if the aid to Pakistan is not increased, Pakistan may be defeated, and some of the previous efforts may be in vain. This is something neither of the two parties want to see.! Win q coins

At present, they can only support Pakistan’s army equipment with only type tanks. Regardless of the threat from the energy group, Russia only agreed to slowly produce. The Russian branch of the energy group has detected a very important According to the news, it seems that Russia’s official high-level officials now have an advisor next to them. Several officials who are close to the energy group have recently said that they are not sick at home for various reasons. If it weren’t for the energy group’s threat to cut off the energy supply. If it is, there may not be officials coming out. They can only be neutral now. As long as Indians have money, they will sell. If there is no money, they will not sell, but if the energy group has money, they will not sell. They know very well that if India loses in Asia, it will be a terrible thing for them. Their influence in Asia may be reduced to zero. By then, Russia’s status as a great power seems to be even more untrue. In fact, he I also want to participate in this war like China, but their bad economy can no longer provide them.

The combat tank weighs 3 tons and the chassis is designed.Power 2150 series turbocharged diesel engine, rated power 730, unit power of ton, close to the level of the third-generation main battle tank.The tank also has standard diving equipment, which can cross rivers up to 5 meters deep.The thickness of the front armor of the hemispherical cast turret is approximately. The firepower of the tank is controlled by a light point projection fire control system, and the second-generation low-light night vision goggles are used for observation and sighting devices.The main weapon of the type tank is a 105 rifled gun, which is equipped with an air extraction device in the middle of the artillery barrel, and a thermal sheath is installed on the outside of the barrel.It can shoot stabilized fin shelling armor-piercing projectiles, armor-piercing projectiles and broken armor projectiles.The emergence of ammunition-based main battle tanks has truly ended the "t-54 era" of the Chinese armored main battle tanks. More importantly, through the development of the main battle tanks, China’s main battle tank research has finally gotten rid of Under the shackles of the Soviet t-series main battle tank design ideas, it began to take a road of main battle tank exhibition with Chinese characteristics.

There are about 9,500 models produced in China, and they have been used for nearly two decades, and they have reached the age of retirement. At this time, they will be replaced by 96 or 99 models. All of them have reached their old age. Although they can no longer mix in the People's Liberation Army, they can still use their own skills when they come to Pakistan. Therefore, the Chinese side has carried out a huge operation in the army. All the tanks in the warehouse that are not used or that do not affect national defense were loaded with trains, and they rushed toward the western region. In fact, if they were by sea, they might be a bit more expensive, but India’s naval strength is not a problem. For fun, although I lost an aircraft carrier when hunting the giant squid, it is not what the Chinese Navy can eat now. It is better to go by land honestly.

Originally, Li Cong wanted to mobilize his own powerful air transport team, but he thought that if these giant planes were parked all over the world, they might not attract so many people's attention, but if they were all gathered, they would be worse than the American strategic transport team. To be strong, this is not a joke. Apart from anything else, the eyes of the Chinese themselves will change a lot.

The Sri Lanka Energy Group base, Wumengji came here early by a transport plane. This guy heard that Li Cong was going to summon him, so he came immediately without any delay. The guy was just as big as Mr. Li Cong’s nephew. Now that he is capable, Mr. Li Cong saw him personally, and he must not neglect. This guy knows the gap between himself and others very well, so he doesn't dare to take any airs.

"Wumengji, please sit down, I'm very sorry, because the situation on your side is more complicated, so I can only send a military plane there. The feeling of being a military aircraft is not very good. Wumengji has worked hard." Li Cong walked in from the outside with a smile. To be honest, if it weren’t for the very delicate situation in India and Pakistan, how could there be time to see this guy now? Just now, I just finished a meeting with a few big guys from the domestic military. The situation in Pakistan has not improved at all. They are also a little depressed, so they can only find a way to deal with the Indians from other places. At this time, Li Cong thought of the Wumeng Ji that once made the Indians very disadvantaged. This guy Although his skills are generalized, he is still very good at doing things. At least Li Cong feels that this guy can talk about the past. This guy has a lot of ghost ideas. Recently, because of the India-Pakistan war, there is no in India. People put their eyes on this guy's head, so he has a very good life, and he has a wealth of money by burning, killing and looting people everywhere.

"Mr. Li is really polite. I haven't been out of India for a long time. This time I also want to thank Mr. Li's plane for allowing me to come here to take a look. Seeing the strength of Mr. Li's army here, I It’s even more certain that our alliance was really a correct choice.” This guy said excitedly. When he came early in the morning, he was directly frightened by the military strength of the energy group. In his opinion, it is even a US military base. If there is no such situation, it is really amazing, so powerful that I can't even think of these things.

Li Cong chatted with this guy about other things again and looked at the time. He didn’t have so much time to continue talking nonsense with this guy, and the most terrible thing was that this guy’s body smelled of curry, like these Indians don’t use any utensils for their meals. No matter how they clean them, they seem to smell like this on their bodies.

"Wumeng Ji, I have seen your results recently. Although it is very good, I personally feel that it is still a lot worse. I don’t know if Wumeng Ji has any long-term plans." Li Cong took a sip of tea. While leading the matter to the place where it should be said, I don’t have so much time to chat with you here. If you know that you can’t find a practical way, the Indians might drive Pakistan out. At that time, the battle was to be carried out on Pakistan’s territory. If you can’t resist it, the country’s subjugation may be a matter of minutes. As for Pakistan’s capabilities, Li Cong can be regarded as a poor and backward country. The people have high morale, but when failure comes, they really don't know how they will choose.

Long-term plan?Wumeng Ji knows that what he is doing now is a little bit off the table. The better thing is that he is shortening the polarization. If it is not good, he is actually a mountain king, and when he robs, he does not matter what he is poor. The rich, as long as they have something, they will grab it. This time their reputation is really not good.

"Mr. Li, you know, I don’t have many people, and my strength is not good. To put it ugly, if it wasn’t the idea that Mr. Li gave me some time ago, and India and Pakistan are at war, Now maybe my people have disappeared. I just want to have this or that idea, but if the strength is there, there may not be much to do." Wumengji has an ugly face, no matter how thick a person's face is. , If you talk about your own shortcomings, your face will always be a bit uncomfortable, especially in front of your own alliance, so it's as if you are talking about your own shortcomings and let yourself point out that your own alliance is not of the same grade. , Too uncomfortable.

"That's it, Wumengji. Since you don’t have any ideas, I might as well talk about my own views. I don’t know how much Wumengji knows about the National Bank of India?" How did it follow? I am still wondering at this moment. I just talked about the future of the Maoist armed forces. How come it has changed to the National Bank of India?This is too fast, and I don't think there is any connection. We are insurgents, and they are the National Bank. If there is a connection, it may be that a bank employee has been robbed recently.

The State Bank of India is the largest commercial bank in India.The current National Bank of India was merged through the 1955 National Act of India.The Imperial Bank of India was established in 1921 and consists of three banks, namely Bank of Calcutta bf, Bank of Bombay 10 Bfbby, 140 and Bank Madrasbub bfdr, 143.It can be seen that the National Bank of India, which has a very complete banking system, began in the 19th century, and it has been more than 0 years.As a conservative traditional bank, it is often limited to discounting promissory notes and supporting government policy implementation.As a result, our company has grown by leaps and bounds, and at the same time has become the largest bank in India, both in terms of assets and personal networks.

Since the beginning of the century, the Indian banking industry has undergone a major consolidation.Among them, the most famous is that in 1921, at the request of the British colonial authorities, the Bank of Calcutta bf, 106, the Bank of Bombay bfbby, 140 and the Madrasbu Bank bfdr, 143 merged to create the Imperial Bank of India.This is now the predecessor of the State Bank of India, the country's largest commercial bank.In 1955, the Nehru government after independence started a nationalization movement, which formed the current National Bank of India.

After India’s independence, with the national economic boom in the 1950s, the National Bank began to devote itself to the development of rural exhibitions and public sector industries; in the 1960s and 1970s, the bank focused on exhibition investors and supported the green revolution through agricultural financing In the 0s, it focused on the development of international trade, expanding the entire domestic and international business network; in the 90s, the lifting of cumbersome control and the increase in the freedom of banks caused the entire bank to compete in the market. Undertaking certain basic risks, the degree of self-investment has been expanded.

Commercial banks in India are classified according to the nature of ownership, including nationalized banks, public banks and private banks.Among them, the main ones are the National Bank of India and its 7 subsidiary banks and 14 nationalized banks.These banks have a wide range of business and a large volume of business. Add public banks and account for about 90% of deposits.The National Bank of India is the largest commercial bank.As early as 193, it ranked 7th among the top 100 commercial banks in the world.Its predecessor was the Royal Bank established in 1921. In 1955, the Indian government nationalized it and merged with 10 state banks and changed its name to the National Bank of India.In 1960, the Indian government turned seven state banks into subsidiaries of the bank.The bank can operate comprehensive banking services.Dealing with medium and long-term export credits, buyer and seller credits, and the settlement of trade agreements between the Indian government and foreign governments.In areas where there are branches of the Reserve Bank of India, it acts as an agent for the central bank.13 of India’s foreign banking business is handled by the bank, with branches in Kolkata, Mumbai, New Delhi, and Menduras, handling foreign investment, export credit, and consulting services.In recent years, with the internationalization of the banking industry, the National Bank of India has established branches in some important cities in the world, distributed in London, New York, Los Angeles, Toronto, Chicago, Cairo, Hong Kong, Tokyo, Moscow and other places. Multiple.The management agency of the National Bank of India is the board of directors, which is responsible for submitting business reports such as balance sheets to the government and the central bank.The National Bank of India, established in 2006, is the largest commercial bank in India in terms of profit, total assets, deposits, number of branches, and number of employees. It currently has total assets of 105.1 billion US dollars and total deposits of 4 billion US dollars. There are 54 foreign branches in 2 countries.

This information quickly passed through Wumengji’s head. Wumengji was very clear about the capabilities of this Big Mac bank. If compared with other big banks in the world, this bank may not be very big, but in India This is the largest bank in China, and in the eyes of ignorant Indians, this is the largest bank in the world. Of course, Wumengji doesn’t think so. I just don’t understand what Li meant when he proposed this. Are you going to rob here yourself?Thinking of this, Wumengji was a little scared. His little power went to rob people, what a joke, this National Bank's guard was stronger than the regular army, and he didn't want to die so early.

"Wumeng Ji, come here to take a look. This is where you are now. You may have been to this place 350 kilometers away from you, but I don’t know if you have observed it. This town is just an ordinary town. But his population seems to be inconsistent with the economic exhibition. What is the reason? There are too many people in this small town who do not belong here. I opened the day to tell the truth. This is the State Bank of India. The gold reserve has always been there, but you Indians don’t know it. The defensive force exceeds 2500, and there are two battalions of 900 regular troops stationed. I think you are busy doing things that cannot change the overall situation every day. Why not try it here?" Li Cong pointed to a small town on the map not far from Wumengji’s station. Wumengji looked at Li Cong, shit, so close to him with disbelief?What a joke, I passed there twice, why didn't I see anything.

Li walked to the side with a smile. He wanted to give this guy enough time to digest. He didn't look at the things in it so greedy for money. In fact, there is at most dozens of tons of gold here, so much for himself. How could one's wealth look at this? The reason Li Cong looked at it was also because of a piece of news.

“The strike day carried out by employees of the State Bank of India, India’s largest state-owned bank, has entered its sixth day. As a result, the lives of millions of bank depositors have been severely affected. They are unable to withdraw cash from the bank and cannot complete the transfer business and are in a serious situation.” Money shortage".

Tens of thousands of employees of the National Bank of India began an indefinite collective strike, demanding an increase in pension benefits.Due to the deadlock in negotiations with the bank, the 9,000 branches of the National Bank of India throughout the country have been closed and closed, which has seriously affected the lives of depositors.

"I can't withdraw my pension at all this month, and I don't know how to support my family," a former government employee named Jakuma Sharma said anxiously.

The Indian government stipulates that current and retired employees draw wages and pensions from Indian state-owned banks, and state-owned enterprises and government agencies must also open accounts with this bank.This part of the monopoly business has brought considerable benefits to Indian state-owned banks, but the strike of bank employees has made these customers the biggest victims.In order to resolve the crisis as soon as possible, the management of the National Bank of India launched a new round of negotiations with bank union representatives on the one hand, and on the other hand formulated an emergency plan to provide salaries and pensions to depositors through other banks cooperating with the National Bank.

Due to the significant impact, the Federal Government of India has also intervened in this bank strike.A financial commissioner of the Indian federal government hinted that if employees agree to end the strike, it will "create favorable conditions" for negotiations.However, the head of the union of the National Bank of India rejected the government's mediation and claimed that they would never resume work if they did not meet their demands.Faced with such a stalemate, the hard days of depositors of the National Bank of India seem to continue to survive."

Li Cong also accidentally saw this news. A small strike by the National Bank can paralyze the entire India. In fact, regardless of the success or failure of the Maoist armed forces, as long as there is this robbery, you can give birth to yourself. After doing something, it is guaranteed that the entire India will know what happened to the National Bank. At that time, will anyone care about how many robs have been robbed?They must be concerned about what happens to the money they have in the bank, and there will be a run frenzy. At that time, the entire Indian economy will have huge problems. The economies of developing countries cannot accept such things. Perhaps a tipping point will cause the contradictions of the entire country. At that time, India’s soldiers on the front line will also change. They cannot fight Pakistan for a pile of waste paper.

As long as the people of Wumengji have an impact on this storage base, whether it is successful or not, Li Cong can cause a run crisis across India. A run crisis is a large number of bank customers panic or related effects due to the financial crisis. Go to the bank to withdraw cash, and the silver

The bank’s reserves are not enough to pay, and what happens is called a bank run.A run is also called a run. A withdrawal refers to a withdrawal, and a redemption is a cash.Under the influence of the credit crisis, depositors and bank note holders compete to withdraw cash and exchange cash from banks and bank bond banks.This phenomenon is a manifestation of the currency credit crisis under the condition of metal currency circulation.

Of course, Wumengji would not have such thoughts. In his opinion, this is a part of his family. He can divide the poverty now. If he can, he will really grab this place. Li from the information here. It's quite comprehensive, and there are some things in this base. He took a look and saw that there was still a problem if he wanted to get this place down with the current strength in his own hand. I have brought huge losses to myself. I occupied the provincial capital because I occupied an unimportant city. This may not be managed by anyone, so the reinforcements did not come, but this time is different. If it is true here If it is a storage location of the National Bank, it is a terrible problem. Those people will definitely send reinforcements. In the Chinese people’s opinion, 350 kilometers is actually a short distance. Hours, but it’s different in India. There is no decent road at all. If it took at least six or seven hours in the past, this is not a traffic jam. If there is a traffic jam, it is estimated that one day will be there. Not bad.

"Mr. Li, in fact, I think your idea is very good, but in my opinion, it seems that this place should not be ours. You see, although most areas along the way are useless poor areas, but There are quite a few garrisons within a hundred kilometers nearby. I may not disturb them when I go, but when I go back, I will be blocked by them, and maybe I won’t be able to go back. Although the things inside are tempting, if you don’t have your life to spend???" Wu Mengji's face showed a look of fear, and Li Cong rolled his eyes helplessly. How can such a person be a leader? Tiger can't do anything. If you ask you to go here, you will naturally give you a full set of plans. If you don't ask yourself, you will reject it first. If you have a second partner in India, you will not be chosen. Such a guy is really brave, if you don't take risks, how can the dozens of tons of gold get into your hands?

"Wumeng Ji, this is our plan. If you can, you can talk about it. I have something to do. Take a look. If you can, we will come to talk later???" Li Cong threw a folder to this guy. Although this guy has already sensed Li Cong’s impatience, this guy is not at all uncomfortable. There is indeed a big gap between the strengths of his family and ours. It is impossible for him to have an equal dialogue with others. Look at Wumengji. When someone can arrange so much time to talk to oneself, it's just a matter of looking at yourself.

Not long after Li walked out of this office, someone came over with a document. It turned out that the cyborg alliance was also active at this time. The India-Pakistan war has been underway for such a long time. As an alliance, they could not care about the life and death of the Indians. After all, among them, India is their strongest strength. It is for this reason that Li Cong began to deal with the Indians, but what Li never thought was that the Indians had reached an agreement with the Americans. Agreement, a large amount of US aid will also go to India.

The U.S. decision to provide India with 1,000 Type 2 main battle tanks was retired from the U.S. Team. The U.S. has begun to fully reinstall the latest Type 4 tanks. 1,500 Type 23 infantry cavalry fighting vehicles were also retired from the U.S. I have started to use Type 5 infantry fighting vehicles, 1,000 Type 1096 self-propelled artillery, and the United States has restarted the "Crusade" program and began to equip the "Crusade" artillery, 300,000 Type 2 rifles, and 20,000 249 light machine guns. .The plan provides 400 4d "Apache" armed helicopters, but India can't find suitable pilots, so it is temporarily placed in the United States. India sent 1,000 helicopter pilots to the United States to receive adaptability training.The 500 fb56 fighters and 150 f-15e fighters that the Air Force intended to assist were temporarily left in the United States because India had no suitable pilots. India has sent 1,000 Air Force fighter pilots to the United States for training.The naval assistance requested by India cannot be completed temporarily. The main reason is that the United States does not have suitable ships to provide. The submarines requested by India, the United States only has nuclear submarines, of course it cannot be provided, and the United States does not have its own conventional submarine production line, even if India wants it. It will take several months to complete the construction, and India must have suitable submarine officers and soldiers. This will not be found in a short while.The other ships are not available in the United States, and the construction of the ships is time-consuming, and the United States requires India to purchase cash. India sees that the situation in India cannot be changed for a while, so it gave up the request. In the navy, 100 India took the 0 Seahawk helicopter back soon, but the other ff fighter went to India to pay for it. India now can’t get the 10 billion dollars it wants, and there is no corresponding pilot to drive it. These advanced fighters had to give up in the end.In fact, it is not difficult to see that as long as the U.S. military has retired things, they are given to India, and India will help him dispose of the garbage, while the Americans are currently in service and must be produced separately, and they must be paid by Indians. Buy, this deal in the United States is still very cost-effective.

Although the power of military aid seems to be very powerful, the Americans are also doing business without spending money. Originally, they no longer have their own power in Asia, but now they have to start their own business in Asia. Forces, their investigators know that China has exchanged a lot of things from here because of the war, and they also rely on their own retired weapons to exchange things. In their eyes, the Americans’ retired weapons are more advanced than the Chinese. There are many things, why can’t we also exchange things? These aid things have also been exchanged for Americans a lot. A port is definitely indispensable. As for other things, Li Cong hasn’t got the exact information yet, but it’s OK. What is certain is that if India wins, it is estimated that the Americans may return to Asia. This is something Li Cong never wants to see.

In addition to the massive military assistance from the Americans, Li Cong also saw the news that the Americans have once again joined the alliance of artificial humans. It seems that the Skull and Bones have really taken their breath away. The Americans have joined their small countries. It’s completely different. To be precise, Americans’ scientific research capabilities have always been the strongest in the world. Even today’s energy groups can’t say that they can surpass Americans without the support of Tektronix. This is simply unrealistic.

Another important news is that several other powerful economies have also provided India with a lot of money, or hard currency. Singapore is the biggest contributor, because apart from them, no other members can have that much. Of money.

Singapore's 11-year GDP was driven by the strong exchange rate of the Singapore dollar against the US dollar, rapid population growth, expansion of gambling and pharmaceutical industries, and achieved good results last year.According to data from the research institute "rfdy" cited by Bloomberg, Singapore's gd reached S$32.6 billion in 11 years, which is equivalent to US$260 billion at the average exchange rate.Singapore is gradually achieving economic diversification by attracting pharmaceutical companies to build factories and ending more than 40 years of casino bans.The main reason for the rapid economic growth in the past two to three years is that Singapore’s free immigration policy and the willingness to promote new industries such as biomedicine and gambling have achieved some success.Foreign trade is an important pillar of Singapore’s national economy. The commodities imported and exported include: processed petroleum products, consumer goods, machine parts and accessories, data processing machines and parts, telecommunications equipment and medicines.Main trading partners: Malaysia, Thailand, China, Japan, Hong Kong, South Korea, Taiwan, the United States, Indonesia and Australia, etc.

Although Singapore has experienced various economic retrogressions under the blow of energy groups, the overall economic strength is too large. The per capita GDP has reached an astonishing US$50,000, ranking fourth in the world. If their economy is not If you give them a South African attack, there may not be any major decline. Li Cong sees the atmosphere here. He didn’t see you for other reasons. He didn’t expect you to be so righteous. At this time, it was an Indian attack. Iron ore is used as collateral to give India a loan of tens of billions of dollars, which is very worth seeing.

Founded in 1974, Temasek is a privately-registered holding company under the supervision of the Singapore Ministry of Finance.The total equity of 36 League of Nations companies such as Singapore Development Bank amounts to 345 million Singapore dollars, or more than 70 million US dollars, which are authorized to be operated by Temasek.The purpose given to it by the government is: "Through effective supervision and commercial strategic investment to cultivate world-class companies, so as to contribute to the economic development of Singapore." At present, the company manages 23 League of Nations companies as a holding company. Subsidiaries, of which 14 are sole proprietorship companies, 7 municipal companies, and 2 limited liability companies. There are more than 00 subsidiaries of various large and small enterprises, with a total number of employees of 140,000, and total assets of over 400 million US dollars, accounting for the country’s gd About %, Li Cong’s goal is here. Although this is a private company, his role is for the Singapore government to hold the stake.

Singapore gained autonomy from the United Kingdom in 1959, especially since it separated from Malaysia in 1965 to establish the Republic of Singapore. National sovereignty and economic development are completely in its own hands.The important task facing the newly born Singaporean government is to create employment opportunities and reduce employment pressure.To this end, Singapore has adopted a government-led economic policy to vigorously develop labor-intensive manufacturing.At that time, some basic industries in Singapore, such as transportation and shipbuilding, were state-owned enterprises set up by the government.In Singapore, people call this type of enterprise a state-linked enterprise, or "National Union Enterprise" for short.

By the mid-1970s, more and more companies in Singapore, namely the League of Nations, were established by various government departments. How to strengthen the management and supervision of these companies so that they can continue to grow and grow in the fierce market competition instead of lying in the government Personally, relying on government protection and help everywhere was a very urgent and arduous issue before the Singapore government at that time. At this time, the Temasek company that appeared as a private representative of the country appeared.

The company's main business is asset operation and management, focusing on capital investment and financial management.At present, there are only 150 people in the head office, and most of the business personnel are professionals who have studied abroad and have master degrees or degrees.The company has offices in Hong Kong and Malaysia.The company has always adhered to the principle of capable personnel and high efficiency.This is one of the important reasons why it has achieved remarkable results since its establishment.

The company’s executive director is also served by Ms. He Jing, the wife of Singapore’s Prime Minister Lee Hsien Loong. The company’s board of directors currently consists of 10 directors.Four of them accounted for 40% of government civil servants, and the other six were business people.According to the company's articles of association, the appointment of the company's senior leaders, chairman and president, must be reviewed by the Ministry of Finance and reported to the president for approval. This also shows that it is very different from the general Temasek private company., The company manages 23 League of Nations enterprises in a holding manner as its subsidiaries, of which 14 are sole proprietorship companies, 7 municipal companies and 2 limited liability companies. There are more than 00 subsidiaries of various large and small enterprises with a total number of employees. 140,000 people, with total assets of over 400 million US dollars, accounting for about% of the national dg.

As a return on government investment, half of the company's after-tax profits are given to the Ministry of Finance.

According to regulations, Temasek’s financials are not disclosed to the public, but a company’s financial report must be submitted to the Ministry of Finance every year.In order to ensure the fairness and authority of the financial report, before the report, the company usually hires an international audit company to conduct the audit.According to statistics from Temasek's 1999 Yearbook, since its establishment in 1974, after 25 years of practice, the state-owned assets that the government has entrusted Temasek to manage have not been lost, but have increased substantially.The company's total assets have grown from S$354 million at the beginning of its establishment to more than S$210 billion at present, accounting for% of the country's GDP. Its business operations cover all areas of the national economy.

Under the cultivation of Temasek, a number of large international companies have indeed emerged in Singapore, such as Singapore Airlines, Singapore Telecom, and Sembawang Shipyard.Their outstanding performance has not only been praised by people from all walks of life in the country, but also has emerged in the international market. Singapore Airlines has been hailed as a model of learning in the international civil aviation community since the 1990s, thus enabling the government to give it a historical mission of "cultivating world-class companies" It is gradually being realized.

The company controls almost all of Singapore's most important and largest companies, including Singapore Telecom, Singapore Airlines, DBS Bank, Singapore Metro, Ocean King Line, Singapore Power, Keppel Group and Raffles Hotel, and has foreign media. It is estimated that the market value of the shares held by Temasek Holdings accounts for 47% of the entire Singapore stock market, which can be said to almost dominate the lifeline of Singapore’s economy. Because of this, Singapore’s economic model is called'national capitalism', which means State-controlled private companies invest and dominate the capital market dominated by private companies

As of the end of 2006, Temasek's assets under management reached 10.6 billion U.S. dollars, and its credit ratings were Standard & Poor's and Moody's.

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