1890 King of Southeast Asia

Chapter 148 Economic Warfare (Part 2)

"It's almost done, right? The Japanese government has already shrunk across the board. They must really have no money." By the end of the first month of the new year, Japan had already taken in 3 million tons of grain at a relatively low average price.

Nanhua and the UK took in 600 million yen in total, half of which was bought from the market and the other half from the Japanese government.

This price was the FOB price originally expected by Nanhua. You can imagine how high the Japanese grain price was.

"Let's go all out. This battle is over, and I'm also going to finish off Borneo." Liu Yiming stretched his back deeply. He was exhausted from coordinating transportation during this period.

"We hope to import some diesel engines, and it would be best if we could get the supporting technology." Cyril looked helpless.

The basic design of Nanhua Port did not consider large-scale imports and exports in a short period of time. Moreover, many small granaries were scattered in towns. In the first two months, they could be transported directly from the three major city ports.

Later, when it was fully launched, it relied on more and more tractors. Tractors, or small diesel engines, were also discovered by the UK.

British businessmen were very interested in this. There was no similar product in the world that could compare to it, and this thing was a good choice for both farming and transportation.

"This is just a business behavior. You can directly connect with the factory, but this thing is not cheap, compared with the manpower in the colonies." Liu Yiming said very bluntly.

Who is mechanization most suitable for? Of course, it is the United States, which has vast plains but lacks manpower, and the second is the British Empire, where the sun never sets.

Liu Yiming is not afraid of technology outflow. Nanhua's concept is more advanced, but the basic situation has not changed. The technical advantage is based on alloy materials. What will happen if you produce it yourself? No one knows.

"The next step is to run on the bank? According to the agreement, Japan should be left with a breath to ensure its basic government functions." Cyril emphasized again.

Liu Yiming has 400 million yen in his hand, equivalent to 40 million pounds. If he asks for redemption, Japan will only have a breath left.

"The next step is to sell yen and throw those yen you bought at a high price to the market, otherwise you will lose a lot if I run on the bank." Liu Yiming is sitting on the Diaoyutai, Japan is dead, I said!

He did not expect that Japan would die to maintain the grain price, the purpose was not to let the grain price be too low. Although Liu Yiming lured Japan into the trap step by step, he did not expect it to be so smooth.

In the first stage, a small amount of grain, slightly lower than the market price, opened up the market. At this stage, Japanese grain merchants reacted very slowly, because in the past, there would be such merchants who came to Japan to transport goods and brought a ship of grain.

In the second stage, after accumulating a certain number of vendors, a large amount of credit was given to vendors on credit. There were some bad debts during this period, but they were not important. In order to stabilize the grain price, Japanese grain merchants chose to buy in batches.

In the third stage, the grain merchants were severely squeezed and began to use external means, such as administrative orders. At this time, they began to show their true colors, provoke social contradictions, and impact Japan's imports and exports in all directions, such as the silk weaving industry, the cotton textile industry, and so on.

In the fourth stage, Japan began to eat grain. In theory, at this time, Japan could completely relax grain restrictions and increase the grain circulation rate to resist. Unfortunately, it could not be self-sufficient and did not have such a large volume.

"Now is the final stage. We must block the yen from all sides, sell off the yen and debt, and temporarily exclude the yen from the circulation market, so that it cannot buy hard currency in the market." Of course, this is the international market.

...

"Why did you return this note to me? If you don't accept this money, change it for another one." In Shanghai, the most prosperous place in the East at this time, Shi Xian was buying dyes in a comprador bank.

"What's wrong with this note? Why don't you accept it?" Shi Xian was anxious. A few years ago, he saw that Japanese banks had interest on deposits, were convenient to use, and appreciated in value, so he deposited most of his wealth in them.

"Hey! Country bumpkin, I suggest you go to the bank and exchange it for silver quickly, otherwise, I'm afraid you'll have to draw water with a bamboo basket, and it will all be in vain!" The guy gloated, but still gave useful advice.

"Manager! We're experiencing a run!" The First National Bank, at this time in the Qing Dynasty, there were only two Japanese banks. The First National Bank entered the Qing Dynasty in 1880 and has been operating for more than ten years.

"What?" The bank manager was sorting out the information and preparing to give blood transfusions to the local area, but heard such a result.

"This? We can't let them take away the assets of the empire. Hurry! Go and close the door. Don't open it." Looking at the people in the hall clamoring to withdraw cash, the manager made the most outrageous decision.

In recent years, the First National Bank has issued at least 8 million banknotes, including bearer certificates of deposit. Who knows how many there are?

There was no appeasement, and the bank was closed directly. These are not Japanese yen. In theory, Japanese yen can still be exchanged in the international market. If not, it can be used in Japan and exchanged for hard currency, but banknotes and bearer certificates of deposit...

The activities intensified. The Minister of Prime Minister's Affairs met with Japanese envoys many times, and many ministers were even more fierce in their words. After all, everyone knew where the bearer certificates of deposit went.

The entire dieqing fell into a fear of the yen mentality, and the credit of the yen almost went bankrupt in dieqing.

The reason why I say almost is that someone was secretly buying the bottom. Although the volume was not large, the price was basically 70-80% of the currency price. However, in this way, the yen was delisted from dieqing.

After all, it was the era of metal currency standard. Banknotes only represented metals. Where was Japan's size? It was just market panic and early selling.

"Mr. Prime Minister, this is not the plan." Cyril came to ask for accountability.

"Mr. Minister, the decline of the yen has nothing to do with me. I have all the yen in my hands." Liu Yiming said honestly.

"By the way, are you ready to short the yen?" Liu Yiming changed the subject.

"This matter is getting bigger and bigger. We are already the largest holder of the yen. We have suffered a lot of losses." Cyril was a little angry.

Normally, the global circulation of the yen is only 400 to 500 million, part of which is circulated in North Korea, China, and Southeast Asia, and part of it flows into London and New York.

Through this period of bottom-fishing, the group of several countries collected more than 200 million, plus the 200 million from the food war, the profit is already large enough, but Nanhua also collected 400 million yen through food.

"You tell me that it has no effect. The matter is already very clear. Japan has cut off its own way out. What can you do?" China is the largest overseas circulation market for the yen. In New York and London, the yen only enters the financial industry, which is of little practical significance.

"If you want to recover your losses, then start selling and running the bank. When Japan goes bankrupt, there will be plenty of time to slowly reap the rewards."

"We have a lot of yen in our hands. If the Japanese government throws the dice, the losses will be even greater." Liu Yiming urged Cyril.

"On February 16, we will fully block the yen." Cyril was indignant. This wave of operations directly led to a loss of 3%, which is not a large proportion, but 3% of the total amount is an amount that most people dare not even think about.

...

In Borneo, the Third Division successfully joined the Fifth Division in East Borneo with 900 tractors relaying to maintain logistics.

"Old Zheng!"

"Commander Yang!"

"I miss you so much, how are you doing?"

"Basically, we didn't encounter much resistance. They have no logistics, and many soldiers only have five bullets..."

"It's almost the same here. A regiment, about one and a half regiments, most of them are sick. There is no need to attack. They may die in the jungle in two years."

"But these people have done a good job in construction. It's good that I found a coal mine..."

"I've been away for so long, how is Surabaya developing? Tell me..."

Both of them tacitly didn't ask about the results of the battle, because the Japanese surrendered too quickly, and the results were not valuable. However, there were no prisoners of war, which was something Liu Yiming repeatedly reminded them of.

Both divisions broke through the defenses of the two regiments and successfully joined forces in East Borneo. In the north, the only remaining storage materials were bombarded by the navy, which were prepared for strategic reserves.

Therefore, the Japanese army not only lacked ammunition, but also had difficulty in maintaining guns, snakes, insects, rats and ants everywhere, humid weather, and malaria!

After half a year of blockade, although they relied on farming and looting to eat better, there was no medicine. One-third of the soldiers had malaria and many died.

The Japanese army tried to break through, but faced with the combination of barbed wire and trench heavy machine guns, they retreated in a hurry after leaving thousands of corpses.

If Liu Yiming had not kept these as bargaining chips and built the local area, the Third Division and the Fifth Division would have wiped out this group of impoverished bandit forces long ago.

On February 4, a brigade of the Fourth Division landed from the north, forming a comprehensive encirclement of the Japanese army. It was only a matter of time before they were completely wiped out...

...

Liu Yiming has been paying attention to various price fluctuations in Japan, and all the talents with financial knowledge in Nanhua have been gathered together. But on February 4, Liu Yiming received bad news.

"The price of silver in Japan has risen this month, and the price of silver in Qing has also risen by 1%. We suspect that either the Japanese are buying up or someone is quietly exchanging." The governor of the Nanhua Central Bank said.

"They should all have them, so we will exchange them quietly. Starting tomorrow, we will run all other banks except the Bank of Japan." Liu Yiming didn't even need to think about it, and he knew that both sides were definitely making trouble.

But the goal of the Anglo-American Group was to hit the finances. After knowing that the British would cover the bottom, Liu Yiming's goal was to drain Japan's liquidity, the more the better.

This would greatly reduce Japan's development level. As for whether the war would be affected?

No, on the contrary, the Japanese purchased two 5,000-ton armored cruisers for the purpose of fighting against Nanhua, but the war will soon be over...

...

"This month, I only get this little money, and my brother can't even pay for school tuition." Army Corporal Kitami Shiyu complained to his comrades while touching his newly paid salary.

"Yes! If the price of white rice this year was not half of that of previous years, even white rice mixed with sand would be out of stock." The comrade echoed.

"You're lucky, your family has a small store, and Huizi can run it..." Huizi is the comrade's sister, who is cute, gentle and considerate, and is simply the best candidate for a wife.

Unfortunately, Kitami Shigure is an army soldier, an army soldier who will be criticized and scolded even when riding on the bus, so he has no right to...

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