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Chapter 1025 Economic Battlefield

War has always been an extreme way of doing everything. The means to eliminate opponents are not just guns and cannons.

Americans who have been constantly gaining the best interests from World War I and World War II have learned to take up other weapons very early.

If it weren't for Britain and the United States' control of strategic materials, German chariots and Japanese ships would not have been unable to move.

Americans also started this trick early on in response to China.

Unfortunately, China, which has a vast occupied land at this time, is really a vast land.

On the vast territory, there are grains, cotton, cattle and sheep from the Australian and Mongolian Plateaus, rubber from Southeast Asia, iron ore that is sufficient to start construction of 30 million tons of steel equipment, abundant tungsten ore, copper ore in Jiangxi, Outer Mongolia, Central Asia and other places, chromium ore in Central Asia, nickel ore in Jinchuan, Australia, Indonesia and other places, coal seas in Shanxi, Ordos, Siberia and other places, and the subsequent nearby exploitation of oil fields such as Daqing, Central Plains, and Shengli, as well as the support of oil fields in Central and Southeast Asia. Driven by the strong labor force near the population of China, the Chinese war machines are operating without any stagnation.

The ore refinery at the base is constantly providing acceleration power for China from all over the world.

Faced with China, which has no shortage of any items, the strategic material control of Britain and the United States has failed. Even under Meng Xiang's price baton, it has to pay high prices in tungsten, rubber, pig bristles, tung oil, raw silk, tea, etc.

Britain and the United States have also considered other economic lockdowns, such as technology and import and export.

However, China's industrial foundation has been consolidated over the years. Although not all of them can be produced by themselves, the product performance may be insufficient, but it is enough to meet the daily needs of the people. Moreover, China also has a superb technology and controls most of the German allies in Europe.

After forming an alliance with China, the Germans in a bad situation had fewer and fewer technical restrictions on China, which brought about rich products on China's territory. Perhaps some military technology is still confidential, but civil technology is no longer fortified against China.

Even though the Allied blockade made the transportation of various large machinery more and more difficult, after a large number of advanced weapons were allocated to the Germans from the Chinese account, a large number of German workers, engineers and even technicians were hired from German and European military factories to Chinese land and directly built various new machines in the Chinese machinery factory.

Meng Xiang was originally worried that the Jews and Czech Republic who were hired in the early days were very concerned about this, but very few people quit their jobs because China and Germany formed an alliance.

Not to mention, when the Chinese army continued to advance westward, the Jews were more happy with the promise that Meng Xiang had secretly made to help them build a country in their hometown, and even contacted Jews and China around the world to do business normally.

As long as the price is right, Jews don't mind dealing with the devil, let alone China is not German.

Including other Europeans created by Western civilization, the choices for national honor and personal interests are very realistic. Moreover, most of them are very rational in distinguishing the concept that Germans are Germans and China is China.

As long as China provides them and their families with generous rewards and safe environment, they do not care whether the items they create will be sold to Germans. Moreover, most of them are engaged in civilian fields and will not have too much contact with sensitive military industries. Moreover, they are distributed in many factories in China and generally will not meet with Germans.

Even those Germans, compared with compatriots who chose to join the army to fight and keep their families in Europe where safety is increasingly unsecured, and then look at China, who can live in a stable environment with high salaries, they are also very moved and are very active in their work and do not cause any other troubles.

Not to mention their world-class skills, the rigor of the Germans has also led to the cultivation of good habits of many Chinese workers.

With the complementarity of the Germans, China is not afraid of the technological blockade between Britain and the United States.

Even if the Germans' technology has not yet been digested and absorbed, the base can provide a continuous stream of the most advanced weapons and arm the minions of China. The copycat companies and umbrella companies rejected the request to form an arms alliance with Britain and the United States, making Britain and the United States want to control the arms transactions, and their attempts to impose weapons sanctions on China were also shattered.

Although Britain, the United States and other countries have also canceled many import orders from China and actively compressed the profit margins of China-made products internationally, in an attempt to cause the ever-expanding China-made manufacturing to fall into an economic crisis of overproduction.

But China's vast market quickly swallowed up these foreign trade orders. The domestic demand market created by Chinese people with increasing living standards is in a state of hunger for at least ten years or even twenty years when demand exceeds supply.

Even Americans are jealous of this gold market, which is also one of the reasons why some people in the United States oppose the war against China. This also makes some American giants chase huge profits and are still secretly making transactions with Chinese agents.

The term state is just a collective that regulates the interests of people. The state needs to take care of the interests of everyone. Once something is lost, someone will jump out of this circle.

Just like strong capital, for huge profits, can ignore the state. Even those privileges that rely more on the state can abandon the state's face for greater interests, such as the Soviet Union in later generations.

Also for the sake of interests, those neutral countries, even some of the allies such as France, still contacted the Chinese, and were cheap items made only for China.

Therefore, the economic sanctions that Americans have been punished in name only.

The unwilling Americans have taken on more high-end financial means.

The greedy Wall Street giants were not intimidated by the bomb warning of China, but just wanted to chew on the fat piece of Chinese currency, which gradually occupied the world's financial position.

With the money-making methods of China and Mengxiang bases, Americans did not include most of the world's gold.

Faced with the hard currency that has been accumulated in the Chinese vault, the Wall Street giants were jealous.

However, their methods of plundering have hit a nail in China's monetary policy.

"Fortunately, the central bank has regulated the issuance of paper money and has not rush to expand the issuance volume. Otherwise, the domestic situation will be in chaos first this time." Zhou Bai touched his forehead and said with fear.

The copper coins in the era of the Pioneer Army were still popular, but they were used in many occupied lands across the country, so the resources of copper coins were a little tight, so paper money was also used in parallel.

Zhou Bai, Ma Yinchu and others once suggested expanding the scale of paper money and recycling copper and silver metals to places where they are needed more.

Meng Xiang's answer to this is that he will only gradually expand the issuance of paper currency, and the copper coin system will still assist in parallel, limiting the circulation of silver coins at most.

Meng Xiang's arms trading and China's sharply growing export foreign exchange earnings have accumulated in recent days. The high reserves of the Central Bank of China have been accumulated. Although the corresponding banknote issuance is not large, the cost of currency issuance has increased, but it has formed the most solid line of defense to block the financial battlefield launched by the Americans.

"If it weren't for these sufficient reserves, our credit monetary system would have a big problem this time!" Zhou Bai was so glad.

The stability of the Chinese currency and sufficient confidence have enabled the strict control of foreign exchange, gold and silver to not suffer much rebound in recent years. China's financial experts began to propose the full implementation of credit currency.

With the global economic crisis in the late 1920s, countries began to break away from the gold standard and the silver standard and implement a credit currency system. In the 39 years of the beginning of World War II, Britain and France also announced that the pound and francs became credit currencies and no longer exchanged for gold. Only Americans still maintained their promise to exchange gold and attracted capital from the world.

Although the 44-year Bretton Woods System Conference was not held as scheduled, the US dollar has become very strong.

However, China cannot learn this trick from the Americans.

China, which is still in elementary school, is far inferior to the old masters of British and American capital. Maybe she will be accidentally cheated and killed in a financial pit.

Finance is just a means to accelerate capital circulation, and does not create real value itself. It reproduces astronomical virtual value, but is just a manifestation of the rules of the game set by people.

China's precious metal reserves and credit worldwide are not as good as the United States, and cannot absorb a lot of capital from the Western world. At this time, following the Americans' footsteps is undoubtedly asking for trouble.

It has expanded to almost the entire Chinese circle in Asia and can formulate its own financial rules.

Thinking of the collapse of the Bretton Woods system caused by the sharp loss of gold in the United States in later generations, Meng Xiang agreed to the proposal to implement credit currency. Even the new copper coin system is much different from the actual value of copper metal, and it can be regarded as a semi-credit currency.

It is just that the foundation of credit currency has become its weakness. It is easy to cause inflation after a large amount of money printing machine is turned on.

The paper money issued by China in various occupied areas was certainly a hidden means of plunder extended by this method, just like the US dollar in later generations. However, it was used by the shrewd Americans, absorbed and accumulated enough ammunition with the US dollar and pound, and then threw it out in a concentrated manner. With the amplification of government bonds and war bonds, the total amount of money was artificially expanded.

The Americans' attacks are so fierce that they are not at the same level as those of the primary school student-level Japanese at the time. They can completely destroy a country's financial system. They believe that they can also cause the domestic economic chaos in China.

But they didn't know that Meng Xiang, who had seen many financial crises in the future, did not dare to be careless in the financial system at all. He kept sufficient issuance and deposit reserves. At this time, he was like a rock, steadily crushing the Americans' troubles.
Chapter completed!
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