However, the distance from southern Fujian to Luzon is much further than that from Guangdong to Luzon.

The fleet took about twice as long as it was before.

After looking at the expenses of Sihai Business Company during this period, Liu Yu sighed.

"Since the Qing court has banned seas and martial law in Guangdong, then the activities in the land and sea areas will be suspended." Liu Yu said to Su Langqing and others.

The merchants present at the four seas looked embarrassed.

The merchants present wanted to speak but stopped. Seeing that Liu Yu's expression had no room for negotiation, they had to accept it with a wry smile.

When several representatives of the businessmen left with a wry smile, Liu Yu frowned.

When Liu Yu saw these wealthy business representatives leaving with a wry smile on his face, he was a little angry.

"Sir, you misunderstood." Seeing Liu Yu getting angry, Su Langqing hurriedly stepped forward and explained.

Liu Yu was stunned,

Seeing Liu Yu's face showing suspicion, Su Langqing smiled indifferently.

"The Qing court has been banned for several decades. Most Chinese businessmen in Luzon have smuggled from Guangdong in recent decades. They are doing legitimate business, but the Qing court does not allow it."

Seeing that Liu Yu was still a little puzzled, Su Langqing continued to explain.

The Chinese in the Luzon area are basically not the indigenous Chinese who have been rooted for one or two hundred years, because the Spanish have launched several massacres in Luzon.

Therefore, most Chinese in Luzon are merchants who migrated from southern Fujian to Luzon in recent decades or more than ten years.

They basically have their own clan and relationship networks in the coastal areas.

This made them monopolize the smuggling trade from coastal to Luzon, and also made the Qing court turn a blind eye to it.

What Su Langqing said is true. The smuggling of Luzon Chinese Commodity Exchange is indeed a legitimate goods.

For example, cotton cloth, in Luzon Liu Yu, you can basically see that the indigenous people wear cotton cloth mostly produced in China.

The small cotton industry has already monopolized the entire Luzon market, and most of the clothing worn by chiefs to indigenous civilians is produced from the mainland.

These cotton fabrics were naturally smuggled from the mainland to Luzon.

After all, there are not many Chinese in Luzon, and it is impossible to produce so much cotton fabric to supply Luzon.

In other words, every year, just smuggling various goods from the mainland to Luzon can make a fortune in the Sihai Business Company.

I really picked up sesame seeds and lost the watermelon.

The meaning of this sentence is that the Sihai Commercial Bank can't even do normal smuggling trade.

Liu Yu knew that all this was wrong with him. If Su Langqing had not reminded him, he would have never noticed it.

"I feel wronged Lu Hai, and I will all the mistakes." Liu Yu had no way to make up for it at this moment.

He turned his eyes back to a chart on the desk.

This is a chart drawn by Xiao Wu after he expelled pirates in northern Luzon and occupied the major archipelagos in northern Luzon.

Xiao Wu found someone to repaint something such a valuable thing to give to Liu Yu.

Several archipelagos in northern Luzon were leaping on paper.

The closest to Luzon is the Babuyan Islands, and further up is the Batan Islands, where the famous Bashego Island is here.

Now the Ming army has occupied the Babuyan Islands.

Some pirates are still entrenched in islands such as Bashego.

There was no threat to the Ming army.

After more than ten days of rest, Xiao Wu took several towns of navy to Bashego Island.

It is believed that within half a month, all the Batan Islands will be included in the Ming army's nautical chart.
Chapter completed!