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Chapter 510 Revisiting the Hometown

"In our battle against the Soviets, our American friends helped us a lot," said Mhamad. "We had provided us with quite a lot of interest-free loans. Now that the war is over, it is time for us to pay back the debts of our American friends. Sheikh, how much money can we put out in our foreign exchange reserves to return it to our American friends?"

Mhamad said solemnly, Sheikh said: "Mr. President, now our foreign debt is 80 billion US dollars, and our annual GDP is 50 billion US dollars. We are actively getting rid of this situation. However, now the war in Afghanistan has just ended, and we need to continue to provide Afghanistan with more food and more jobs, and at home, we are also constantly investing funds. Now, our foreign exchange reserves are 300,000 US dollars. I am just about to report to you and need to borrow another foreign exchange from Saudi Arabia to respond to the emergency."

Pakistan's foreign debt is 80 billion? Hearing this, even Robert frowned. How could Pakistan have so much foreign debt?

"Why is it only $300,000?" Mhamad said: "I remember last month there were $800,000?"

"We bought a batch of food from Australia and used up $500,000," said Sheikh. "Our country has always been in subsidy."

Mhamad gritted his teeth, looked at Robert beside him, and said, "Mr. Ambassador, why don't we pay back 300,000 US dollars to your country first, and let's find a way for the rest?"

Three hundred thousand dollars! You owe 20 billion! Hearing this number, looking at the two people playing double acts in front of him, Robert finally remembered the domestic evaluation. This Mhamad is such a profiteer!

"Your country is a great South Asian country with foreign exchange reserves. How come it has only 300,000 US dollars?" Robert said: "What about your gold reserves? It's okay to use gold reserves to offset them!"

Who are you cheating? Just a little foreign exchange reserves. If there is a financial storm, your country's economy will not collapse? Of course, Robert would not be fooled and immediately refuted. Since there is no foreign exchange reserves, just use gold to settle the settlement! Don't say that your country does not even have gold reserves! Otherwise, the rupees you issued will be a piece of waste paper!

"Oh, there is nothing we can do about this burden of Afghanistan." Mhamad said: "We fought with the Soviet Union for eight years. The national strength has long been gone, and it depends entirely on external aid. Foreign exchange reserves are almost exhausted and they owe so much foreign debt. This gold reserve is ready to be used to deal with inflation. If you give it to you, our economy will collapse at any time. Let's do this. We just discovered a gold mine in Afghanistan, and the annual gold output is half a ton! Otherwise, we use this gold mine to repay your debts. What do you think?"

Half a ton of gold? That's less than five million dollars, so how many years will it take for one hundred and eighteen billion dollars? Robert's expression became increasingly ugly. He knew that he would definitely return without success today!

Thirty thousand dollars, is it the beggar? Seeing Robert leave with a very ugly face, Sheikh forced to hold back his smile until the other party left the presidential palace, Sheikh couldn't help laughing. At the same time, she asked Mhamad: "Mr. President, will Americans be angry when we do this?"

It is natural to pay back debts. Now, Pakistan has been lying to pay back debts, and now Pakistan has enough ability to pay off debts. Mhamad still does this, making Sheikh unable to guess.

"We can drag the American debts if we can. After they are delayed, the Americans may also forgive us our debts." Mhamad said: "If we directly repay all the American debts, it will make Americans wary of us, believing that our economy is developing rapidly and will pose a threat to American hegemony."

Afterwards! Mhamad, who came from later generations, of course, knew the major events that happened in later generations. Iraq invaded Kuwait, and the United States-led troops began to interfere. Only by controlling oil can the world's dollar system be protected. Moreover, with the end of the Cold War, Americans' ambitions began to gradually expand. Mhamad had a series of plans to let Americans exempt themselves from their debts. Since they could be relied on, why should they repay them now? This 18 billion yuan, used in domestic economic construction, can make the country's economic development faster!

Now, Pakistan has paid off all its debts without saying a word, which will only make Americans realize that Pakistan is already an economic power, which is not allowed by the United States.

So, if you can, drag it!

However, today the arrival of this American ambassador sent a bad signal. Americans did not urge to pay their debts before, but now they came to collect debts because they saw Pakistan's achievements in aviation! Pakistan can already build fighter jets by itself, and Americans will definitely try their best to kill Pakistan's aviation industry in the cradle!

Mhamad knew that he must be determined, even if he had a quarrel with the Americans at that time, he must unswervingly develop his own industry!

This is how Americans are urinating. When you don’t have it, they will monopolize you, try every means to interfere with your independent development, and use various means to obstruct, suppress and throw bait. Only when you have it, you will immediately change your face and realize that you already have the capital to confront him.

Wasn't China's Yunshen the same thing? When Yunshen had successfully taken off, the United States became anxious. The president of McDonald's company came to China in person and sweared to produce the latest McDonald's aircraft with China. As a result, the Yunshen project was strangled. From then on, the dream of a large aircraft ended. In the sky of China, the civil aviation passenger planes were all from the United States and Europe.

Of course, Mhamad would not make such a mistake, independently develop and identify without fail, especially national defense!

Mhamad looked at the large-scale world map on the wall. With the end of the Afghan war, his eyes had already looked longer. Pakistan's future is to dominate South Asia!

Spring has arrived, and it is a prosperous season. The capital of China, the international airport, and a sea of ​​jubilation.

Countless Young Pioneers, holding flowers, watched the plane slowly slide towards the apron. This plane is the US Air Force One!

The cabin door opened, the gangway had already driven over, and the red carpet was laid. In the welcoming craze, US President Bush, along with his wife Barbara, appeared in front of everyone.

This is not the first time. Bush Sr. is quite familiar with China. In the 1970s, Bush Sr. served as the director of the US liaison office in China. In his spare time, he often rode his bicycle and shuttled through the streets and alleys of the capital.

Therefore, Bush, the old man, is considered a Chinese connection. This time, he became the president of the United States and came to China again, and he felt like he was revisiting the old place.

Huaxia sent the Foreign Minister and the Premier of the State Council to the airport to welcome the US President. The scene was lively and grand.

At this time, China was still very close to the West in terms of political stance. After all, both sides were still in the honeymoon period and had the common enemy of the Soviet Union. Unfortunately, this honeymoon period was about to end.

At the Diaoyutai State Guesthouse, the chairman of China and the chief designer of reform and opening up had a cordial meeting with Bush Sr. The scene was still in a friendly atmosphere.

After talking for a long time, the friendship between the two sides finally began to get to the point.

"We are always very worried about China's military." Bush said: "Especially the Air Force, your equipment is not good. In the past, we mentioned the plan of joint cooperation, but unfortunately died. Now, the United States is willing to improve fighter jets for your air force and upgrade your current most advanced J-8 fighter jets."

In the past, the United States hoped to use a full set of American equipment to arm the Pla, including front-line F-15 fighter jets, various advanced ground combat vehicles, etc., but it needed to be commanded by the American staff during the war, which was equivalent to losing China's independent national defense, and China of course would not agree.

Afterwards, even if the two sides' military cooperation became temporarily cold, Bush now mentioned the military cooperation between the two sides, which this time helped China upgrade its fighter jets without adding more political factors.

Hearing this, the minister of the Third Department of Machinery, sitting in a corner, was immediately delighted. This is good news!

At the beginning, Grumman Company intended to upgrade fighter jets to them. If the J-8 improved the fire control system, it would definitely become the most important fighter jet in China! Unfortunately, it was said that advanced radars could be produced in China at that time, especially the president of Pakistan who vowed to say that even Pakistani fighter jets would use this radar, but the project was left unresolved.

Afterwards, the supporting radar was developed and equipped with the J-8 fighter jet, which indeed gave the J-8 the ability to shoot downward, but the lack of supporting missiles still prevented the performance of the fighter jet from being effectively performed. Now, Shen Fei has completely lagged behind Cheng Fei. Cheng Fei's new project has begun to test flights, while Shen Fei still only has the J-8 support front at high altitude and high speed. If this phenomenon is not changed, Shen Fei will gradually lose the trust of the military, and Cheng Fei will have a greater say in the army!

This is something he doesn’t want to see, and it’s something that many supervisors don’t want to see. After all, he came out of Shen Fei at the beginning!
Chapter completed!
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