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Chapter 575 Benefits

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    This major financial event in the Northeast has accelerated the pace of mergers in the Northeast's industrial and financial industries.

    Seeing the power of unity, the major banks in Northeast China also need to have a backbone to jointly respond to challenges from all aspects of the market. Therefore, through equity transfer, Northeast Bank broke away from commercial activities and officially became the central bank of the "National Unification Council" and changed its name.  for Bank of China.

    According to the banking system, Northeast Agricultural Bank of China, Northeast Industrial Bank, Northeast Bank of Communications and China Construction Bank will all be commercial banks under the Bank of China and jointly assume the basic functions of banks.  Twelve trusts in the Northeast have invested their total assets in Bank of China. Through this new round of financing, Bank of China's total equity has expanded from 10.5 billion yuan to 16 billion yuan.

    Zhang Hanqing, Zhang Zuolin, Yu Aozhou, Wu Junsheng, Sun Liechen, Zhang Zuoxiang, Wang Yongjiang, Liu Shangqing, Yu Fengzhi and the chairman of 12 trusts, a total of 21 people, manage huge assets of 16 billion yuan as directors of Bank of China. Whether to raise funds in the future?  Determined by majority shareholding.  But when he saw the huge role of this position, Zhang Hanqing thought that no one wanted to be given a piece of the pie by others.

    And the four major commercial banks, and there may be more in the future, will all be under the Bank of China.

    Maybe they will provide more and more external financing in the future, and the proportion of external capital will exceed that of the Bank of China. That doesn't matter: because the Bank of China is also the country's central bank, with the functions of implementing monetary policy, regulating the macroeconomy, and conducting financial supervision. It is the issuing bank.  Banks of banks, banks of banks, government banks.

    The more powerful a country is, the less institutions and individuals can dictate based on the power of its major shareholders: Why can many large companies in Europe and the United States control huge enterprises with only 3% or less of the shares?  Because its shares are more effectively diluted.

    The role of referee can keep the Bank of China at the top of the financial pyramid forever. This will be Zhang Hanqing¡¯s hidden influence on China after the separation of powers is realized in the future, just like the Federal Reserve in later generations.  Even in a fully civilized future, Zhang Hanqing can effectively influence the country's internal affairs and even leadership selection.

    The future constitution will definitely guarantee the role and structure of the Bank of China.

    "If a person does not serve himself, he will be punished by heaven and earth. Anyway, if Zhang Hanqing doesn't do it, there will definitely be other people who do it in the future."  The concentration effect of capital, just like the tradition of Chinese unification, cannot be changed by human power. All Zhang Hanqing can do is guide.

    After this battle, Zhang Hanqing has become the psychological successor of the generals of the Feng Clan. Coupled with his political and military influence, he is the well-deserved No. 1 brother of the Feng Clan, except for Zhang Zuolin.

    ¡°As long as we can accelerate the pace of unifying China, he, the first brother of the Feng clan, will become the first brother of China sooner or later. This is very exciting news.  Because they had made a huge net profit of 191 million from Japan's capital, which was a reward completely outside the government's financial budget, Zhang Hanqing decided to reward their army: expand manpower and increase armaments.

    The Northwestern Command of the People's Army has begun to expand the 2nd Brigade and 6th Regiment very early. Thanks to a large amount of funds, adding a new regiment to each brigade has gone very smoothly: the Northwest is poor, and serving as a soldier and eating imperial food is a good way out.  As long as they are not equipped with heavy weapons that are difficult to produce, infantry alone does not cost much.

    South China and Central China also began. The 1st Division and the 4th Division, which had repeatedly contributed in previous battles, were ordered to expand into "elite divisions" of three brigades and nine regiments. Compared with the traditional standard division of two brigades and four regiments,  The 2nd Brigade and 6th Regiment were called the "reinforced division".

    The Feng army moved forward simultaneously, and the 27th, 28th, and 29th divisions started by several generals were expanded into "elite divisions" to reserve strength for the Feng army's next military action.

    Because he had extra money, Zhang Hanqing decided to purchase a new artillery production line from Soviet Russia. This was the only feasible source of introduction at this stage.  Because of the smooth production of tractor-trailer vehicles, it has gradually become possible to end the history of horseback riding. Without logistical constraints, howitzers with longer range and more power will become the next equipment targets of the People's Army and Fengjun.

    The reason why it is feasible is that Soviet Russia has completely reversed the situation.

    In early September, tripartite representatives of the Far Eastern Republic supported by Soviet Russia, Japan, and Soviet Russia held a meeting in Changchun to discuss a truce in the Far East.  Because Japan refused to withdraw its troops from North Sakhalin and suggested negotiating on the basis of the Dalian talks, the negotiations were interrupted again on September 26. Japan attempted to use the new White Guard "government of former Kolchak general Kidrichs"  "Attempts to station in the coastal area also failed.

    On October 25, the People's Revolutionary Army of the Far East Republic marched into Vladivostok, and the armed intervention of Japanese imperialism and the White Army supported by it was crushed.  At this point, the Far Eastern Republic has achieved the unification of Siberia and completed its historical mission.

    After the Far Eastern Republic merged with Soviet Russia on November 15, Soviet Russia was renamed "the Soviet Union".

    ?????????????????????The Republic of China under its control was the first country to recognize the Soviet Union, which was attributed to Zhang Hanqing's "far-sightedness".  Both China and the Soviet Union were committed to the development of economic construction, so the Sino-Soviet border became one of the most stable areas in the world at the same time. It was also the beginning of the Fengtian clique truly avoiding fighting on two fronts and concentrating all its efforts on defending Japan.

    When the new commander of the Kwantung Army, General Ono Shinobu, had to withdraw the Harbin garrison to the South Manchuria Railway when he took office, the situation between China and Japan returned to the state at the beginning of the signing of the "Portsmouth Treaty" between Japan and Russia.

    Under such difficult conditions, the Soviet Russian army was able to completely defeat hundreds of thousands of intervention forces from all directions in just four years. Objectively speaking, the military legacy left by Tsarist Russia was an important factor.

    You must know that although the industrial production capacity is far inferior to that of Britain, France and Germany, they also produced 11,000 howitzers during World War I!  It took Fengjun six years to acquire just over 1,000 cannons, and they were only 75mm in diameter!

    ¡°However, Tsarist Russia¡¯s initial militarism also cost the domestic people a heavy price: including the First World War, it had been in chaos for seven consecutive years. During this period, 20 million people died, and 300,000 people surrendered to Poland.  During the Civil War alone, 15 million people died, including at least 1 million Red Army soldiers and more than 500,000 White Army soldiers.

    The country¡¯s economy nearly collapsed, compounded by droughts in 1920 and 1921.  Diseases were also rampant. In 1920 alone, three million people died of typhus, and millions more civilians died from mutual massacres by both sides.  At the end of the war, due to years of war, industrial output was only one-seventh of what it was in 1913, and agriculture was only one-third.

    What is more valuable is talent: during this period, one million people fled Russia to the Far East or the Baltic countries. They were called White Russians, and many of them were well-educated professionals.

    Zhang Hanqing promptly sent a message to the Soviet Union through the Soviet consul in Shenyang: The Fengzhi government is willing to exchange Soviet Russia's scarce food and medicine for their soon-to-be redundant cannons, and hopes to obtain its 75mm howitzer production line¡ª¡ª  This is what they are about to eliminate, and they will enter various places through Xinjiang, Mongolia and Northeast China.

    This is a good thing that benefits both parties, and the two families hit it off immediately.

    If everything goes well, the artillery regiments of all existing reorganized divisions will be deployed by the end of this year, not next year.  (Remember the website address: www.hlnovel.com
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