Beiyang reactionaries

However, although Japan gave up Pyongyang, the North Korean government-in-exile would not dare to put the capital in Pyongyang.Because Pyongyang is too close to the Japanese army, the Japanese Governor's Office is in Seoul.The nearest Japanese army is only more than 100 kilometers away from Pyongyang. If the Japanese army moves quickly, they can reach the city of Pyongyang in one day. How dare they set up a capital in Pyongyang.These bigwigs of the North Korean government-in-exile have great fear of Japan and the Japanese army.Therefore, the North Korean government-in-exile chose a relatively safe big city. Hamhung in the north was the temporary capital, and all government agencies were established here.

Moreover, the North Korean government-in-exile still didn't dare to be careless, and divided the Hyesan County in the border area into an area and asked the Chinese army to station it.The troops of a Chinese division entered Huisan County.Not only did they invite Chinese troops to station in Hyesan County, the North Korean government-in-exile also asked China to retain the establishment of the China-North Korea Coordination Committee.

This is where the situation is compelling.

Just like a hundred years later, South Koreans will oppose the withdrawal of US troops every time, because they can always feel the danger of North Korea.This is the case with the current North Korean government.

Although a peace agreement was signed with Japan, the Japanese army in the south of the Korean peninsula has always put tremendous pressure on the Korean Independence Army.In order to protect itself, the North Korean government can only take the initiative to invite Chinese troops to settle in.

Although there are various calculations behind it, with the signing of the "peace agreement", the war on the Korean peninsula that lasted for a year finally came to an end.

The signing of the armistice agreement on the Korean peninsula immediately opened the pace of cooperation between China and Japan.Because although people on the Korean Peninsula did not say it directly, both China and Japan understand in their hearts that this is a war between China and Japan.If the issue on the Korean peninsula is not resolved, it will be difficult for the two countries to truly reach a cooperation agreement.

Now the Korean peninsula has finally signed a "peace agreement".Although it is only a temporary peace agreement, it is also a peace agreement.The negotiations between the two sides got off to a good start, and soon various negotiations began to bear fruit.When other negotiations have not yet come to fruition, economic cooperation between China and Japan has already begun.

On August 1926, 8, Japan's Kawasaki Foundation, Japan's Mitsui Foundation, China Merchants Group, and Chuanjiang Shipping Group signed a cooperation agreement.The four parties jointly funded the establishment of the Far East Shipping Company, which is responsible for the freight and passenger transportation between China and Japan, as well as the maritime transportation between China and Japan.In particular, the Far East Shipping Company is planning to set up an ocean shipping department, which will be responsible for ocean shipping between China, Japan and European and American countries.

Those small shipping companies originally between China and Japan will be swallowed by Far East Shipping Company.China and Japan want to create a group company that monopolizes shipping in the Far East.

The newly established Far East Shipping Group placed a large order.They placed an order of [-] million yen to Japanese shipyards, of course mainly the shipyards under the Kawasaki consortium and the Mitsui consortium.After the depreciation of the yen, although it has recovered a little, the current yen and China's legal currency are almost one to one.

The order of [-] million yen is definitely a huge support for the current Japanese shipyard, and it is definitely an amazing order.

However, the method of payment is different.Because the capital composition of the Far East Shipping Company is different.The Kawasaki consortium and the Mitsui consortium sell yen, and you can place orders in yen directly.China Merchants Group and Chuanjiang Shipping Group issued legal currency.However, just as the yen cannot circulate in China and China does not recognize the yen as a foreign exchange, Japan does not recognize the role of China's legal currency.Don't look at the trade negotiations between China and Japan, but both sides do not recognize their respective banknotes.

So placing an order is also different.

The Kawasaki consortium and the Mitsui consortium directly place orders in Japanese yen, while the China Merchants Group and Chuanjiang Shipping Group purchase resources from the country in legal currency and then place orders with resources.

Shipbuilding requires steel, and a lot of it.

However, Japanese iron and steel factories want iron ore but no iron ore, and coal mines but no coal mine.The iron ore and coal needed for their naval shipbuilding factories are all imported from China.

The shipbuilding industry is the most challenging steel industry.If a country's shipbuilding industry is developed, then their country's steel industry must also be very developed.Because shipbuilding consumes the most steel.

For an order of 20 million yen, when the current price of Japanese ships is far lower than that of European and American ships, the total tonnage of the order is nearly [-] tons.In other words, an order of [-] million yen can buy nearly [-]-ton ships.

A 20-ton ship can use [-] tons of steel, and a [-]-ton ship needs [-] tons of steel.This is already one-tenth of Japan's current annual steel production, so how much iron ore and coal are needed.Therefore, China Merchants Group and Chuanjiang Shipping Group purchased iron ore and coal domestically with legal currency and sold them to Japanese steel mills.Japanese shipyards then buy steel from these steel mills.

This is a completely new model of cooperation.

As a result of such cooperation, China and Japan began to snatch shipping business back from European and American shipping companies.Then there is the recovery of Japanese shipyards, and the recovery of Japanese shipyards will lead to the recovery of the Japanese steel industry.However, if the Japanese steel industry wants to recover, it needs a large amount of iron ore and coal, which is also a stimulus for China's mining industry.It can be said that a set of industrial chains have begun to develop.And this order is just the beginning. If the Far East Shipping Company really monopolizes the shipping in the Far East, there will be more orders by then.Almost every year new orders are placed to shipyards.At that time, it will be of great benefit to the economies of China and Japan.

While many people were paying attention to the Far East Shipping Company, China and Japan signed an agreement that shocked the world.China and Japan signed the "Sino-Japanese Naval Restriction Treaty", and high-level Chinese and Japanese military officials participated in the signing.

On the Chinese side, Xu Yongchang, Chief of the General Staff of the Ministry of Military Affairs, signed as the general representative, and Shen Honglie and Chen Shaokuan, as representatives of the navy, also participated in the signing as deputy representatives of the negotiation.

The Chinese military representatives who participated in the signing were the three of them.

A stone stirred up a thousand waves.

Because of this agreement, there are many restrictions on the Chinese navy.The Chinese Navy cannot add warships with a tonnage exceeding [-] tons in the next ten years, and the total tonnage of the Chinese Navy's warships cannot exceed [-] tons.

That is to control the tonnage of the Chinese navy within [-] tons.

This is not half a century ago.Entering the present, the tonnage of [-] tons of naval warships is almost dispensable.It is simply incomparable with those naval powers.

Moreover, China not only has huge restrictions on the tonnage of the navy, but China also leased two ports to the Japanese navy.One is Ningbo Port, and the other is Hainan Longwan Port.It is not an ordinary lease, but it is used by the Japanese Navy, which is directly a military port.The Japanese side promised that the Japanese navy will protect China's coastal ports within the time of the treaty.That is to say, if the navy of any country attacks China's coastal ports during the contract period, the Japanese navy has the responsibility and obligation to help protect it.The signing of this treaty shows that the Chinese navy is basically abolished, and has even turned to Japan.Hand over the safety of their own coast to the Japanese Navy.

The signing of this contract made many powerful countries in the world exclaim.British newspapers used the term "Sino-Japanese military alliance" to express this cooperation.

The European and American countries such as the United Kingdom, the United States and France are very dissatisfied with the signing of the "Sino-Japanese Naval Limitation Treaty" by China and Japan this time.Because they all remember the time around the First World War.During that time, China and Japan cooperated as frequently as this time.At that time, Duan Xun cooperated with Japan and had been rejecting the influence of Britain and France in China.

China is now much stronger than that time.And this time, China and Japan have more and deeper cooperation.The cooperation between China and Japan can be said to seriously affect the interests of European and American countries in the Far East.

But the advancement of things, no one can stop it. After the signing of the "Sino-Japanese Naval Limitation Treaty", the relationship between China and Japan has taken a big step forward.The trade negotiations between China and Japan also quickly yielded results. On August 1926, 8, China and Japan signed the "Sino-Japanese Tianjin Trade Agreement".

This is a completely different kind of trade agreement.

It is based on the "Sino-Germany Trade Agreement".China and Japan are countries that are extremely short of foreign exchange, and their own currencies are not recognized by the world.Therefore, it is a big problem for the trade between the two countries.

Therefore, like the Sino-German trade, a "barter" agreement was signed.So far, China and Japan, which have been in a state of hostility since 1923, quickly became cooperative partners in 1926 three years later.

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In 1926, China and Japan suddenly stopped.

shock the world.

Originally, the Far East has not been peaceful in recent years.If Europe had not had a lot of problems, the Soviet Union had just ended its civil war, and isolationism prevailed in the United States, the Far East would have been a powder keg that would have exploded long ago.

Because China and Japan are competing on the Korean Peninsula, it can even be said that they are fighting each other.After falling out with Japan, China began to approach Germany rapidly, and the trade between China and Germany rose rapidly.Moreover, China also began to rapidly improve relations with the United States and the Soviet Union.

Even the United Kingdom is a lot of concessions.

China recognizes the status of the pound and adopts a strategy of using the pound in trade.Therefore, China's current foreign exchange is mainly based on British pounds, supplemented by US dollars and Soviet rubles, and a small amount of British francs.In China's foreign exchange, if metals such as gold and silver are not counted, 70% of the foreign exchange owned is British pounds.And it began to relax the investment of British businessmen in China, and opened up more cities for British businessmen to do business.It also cooperates with the United Kingdom to build its own aircraft carrier.

And so is Japan.

After falling out with China, it approached Britain again in the Far East.In order to maintain its own status, Britain gathered the colonies below itself and the former colonies together to form a relatively closed market.For outsiders who do not belong to this group, if they want to enter this market, the tariff will be much higher.Britain's main defense is the increasingly powerful United States, because American industrial products have swept the world market, seriously affecting the status of the pound.

Because China is becoming more and more disobedient in the Far East, Britain and Japan are slowly getting closer during this period, and Britain has some preferential treatment for Japanese products.That is, you can enter this market with a lower tariff than other countries.Although it is still higher than the tariffs in the United Kingdom and their colonies, some concessions are still given.Including the transfer of some technology from the United Kingdom to Japan, so that Japanese industry can continue to develop.

So everyone thinks that China and Japan will have trouble for a long time.

But did not expect.

No one expected that China and Japan would make a 180-degree turn.Even many people in the ruling and opposition parties in China and Japan have not been able to turn the corner.

At present, many government departments in China have no time to digest this news.

"Prime Minister, the signing of the trade agreement with Japan this time is a great stimulus to our country's mining industry and a great opportunity for our mining industry to develop. It is also a huge stimulus to our steel industry, and our copper industry The processing industry also needs to be strengthened."

The cooperation with Japan disrupted China's original industrial plan at once.

It can even be said that this cooperation will definitely greatly promote the development of China's industry.Especially China's mining industry, this time it can be said that it has been greatly stimulated.

Cooperation with China has allowed Japanese industry to obtain amazing orders.The whole industry is affected by one small movement. A factory receives an order, which will drive the development of supporting industries related to that factory.Just talk about the simplest clothing industry.

Once the clothing industry develops, it will drive the development of the textile industry.The development of the textile industry will drive the development of textile machinery manufacturing, cotton industry, and chemical industries such as dyes.This is why many people admire China's complete industrial chain so much.

In any industry, China can have its own supporting industries and develop together.The supporting industries will develop together in the surrounding area, which will greatly reduce the cost. This is the advantage.

This is the case in Japan.

Japanese industry has received many orders from China this time.In fact, although China's imports have increased, the overall growth rate is limited.Japan's orders from China are mainly things that China previously imported from Germany, many of which were transferred to Japan.This part alone is already very much, after all, the trade deficit between China and Germany is [-] million French currency.These orders continue to stimulate the development of Japanese industry.