In the entire world trade system, China is the world's largest import and export trading country. Three-fifths of the world's international trade occurs between China and Europe and China. As the economy of Europe and the United States suffers a heavy blow, China will inevitably suffer

It was a heavy blow, but China is different from Europe and the United States. China's situation is relatively similar to France. China's largest import and export market and investment market are both the Asian League, and the member states of the Asian League mainly engage in international trade with China.

As the crisis spreads, as long as China can continue to expand international trade and investment within the Asian Alliance Free Trade Zone, China will still be the first to get rid of the international economic crisis, while the first wave of international financial crisis will have a relatively low impact on China.

Even advantageous.

Zhang Huici, the general director of the Central Reserve Administration, raised another question, that is, silver will likely experience multiple surges and plummets in this cycle. When the pound is just beginning to experience a crisis, silver is the only precious metal reserve that countries can purchase, and its price is

It will rise very high. With the outbreak of the economic crisis and the depreciation of currencies in various countries, the price of silver will rise higher and higher. However, after the crisis spreads to a certain extent and the currencies in various countries depreciate to the bottom, silver will set off a new round again.

The plunge has caused the global economy to suffer again.

Of course, all this is just an estimate by experts and financial oligarchs, and it is hard to say what the actual situation will be like.

Gu Weijun hates the international financial crisis more than anyone else, which will lead to a sharp decline in his approval rating. If the world suffers a heavy blow and he can barely support the past, that is not a big problem. After all, this is his last one.

term of office.

As for whether the central government and the empire can develop against the trend in this crisis, it depends on the ability of the Finance Minister Chen Jin, the central bank and the four major trust companies. Chen Jin is not afraid of this.

...

After a period of secret consultation, when Foreign Minister Guo Taiqi presided over a new round of the Asian League Council's Foreign Ministerial Meeting in Guangzhou, the empire had made a decision to officially prepare to launch an unprecedented financial war against Britain.

On June 4, 1941, the Guangzhou Foreign Ministers' Meeting of the Asian League Council passed a unanimous vote and passed a new resolution with 17 votes in favor and 2 abstentions, requiring the UK to accept three new conditions within one month, namely, unconditional.

Recognize the autonomy of Pakistan, Oman; Assam, Bangladesh, Malaya and other Asian colonial countries; completely ban all British colonial privileges in Asia within ten years.

The new resolution is more stringent than the previous four conditions of China. As a condition, the Asian League agreed to hold the third round of talks and extended the talks until July 10, while the Asian League also retains the imposition of comprehensive sanctions on the UK and all

Military power.

This means that if the United Kingdom cannot reach a final agreement with the Asian Alliance Council on the Asian Colony issue before July 10, the Asian Alliance will impose comprehensive economic sanctions on the United Kingdom and the possibility of resolving this series of problems through war.

Once the resolution was passed, the whole world was once again in an uproar.

Britain, France, the United States and other countries are not particularly worried about the Asian Alliance declaring war with the United Kingdom, because once the Asian Alliance imposes comprehensive sanctions on the United Kingdom, the British pound will completely lose the circulation value of its world currency. After the Asian Alliance and the United Kingdom and the Commonwealth countries interrupt trade, British ships will be

It will not be able to navigate through the territorial seas of Asian Allied countries, and all this will completely lead to the collapse of the world economy.

This is a comprehensive panic. The world's silver price rose by 47 in two days, while the global commodity prices declined sharply. Due to the factors of the Sino-Japanese, Sino-Soviet and Soviet-German wars, the world's silver price itself has been at a higher level.

The price has broken through the highest value in nearly 30 years, reaching a historical high of 1:15.4 with gold.

At this price, the Empire began to gradually accelerate the sale of silver reserves and strengthen gold reserves and silver reserves. Before that, the Empire shorted pounds and British bonds through four major trust companies, manipulating other holding financial companies in the London financial market in the UK

Short-selling stocks in a magnitude.

People did not realize that this was the first formal financial war in human history.

Through the four major trust companies held by Empire Holdings, Empire and the Asian Alliance are dealing a heavy blow to the British pound and financial industry on which Britain relies on to maintain its international status. This situation has unexpectedly surprised the UK. In just four days, Britain's gold

Reserves plummeted from 2752 tons to less than 700 tons.

In order to toughly maintain its pound's international currency status, Churchill's cabinet urgently passed a parliamentary bill to suspend gold exchange and seek help from the United States and France. However, when the United States and France were discussing this closely within the parliament respectively, the prices of British bonds in the international market were held in the international market.

The rapid collapse and the large number of sold bonds have made British Treasury bonds a pile of waste paper.
Chapter completed!