Rebirth: Super Banking System-Chapter 2523 - 2361: All for Nothing
Industrial alliance.
At the beginning.
It was a plan Tang Qing valued highly.
To this day.
The results are remarkable.
Acquiring vast amounts of land, growing various crops. Together with acquired farm companies, one could say they have deeply penetrated the global agriculture import-export field.
In the past.
Everyone fought independently.
Now.
It’s time to let a corner of this web show. As for a full reveal, forget it. If this blade is laid openly, it’s simply too intimidating.
It’s better to be cautious.
...
The negative information about the Asia Dollar made the members of the Myanmar Asia Chamber of Commerce truly anxious. But seeing they could still buy industries with it.
They breathed a slight sigh of relief. 𝚏𝗿𝗲𝐞𝚠𝕖𝐛𝗻𝗼𝐯𝕖𝚕.𝚌𝗼𝗺
Thankfully.
Things haven’t worsened.
As for the reason.
They thought it over and could only blame it on the Asia Dollar having a good reputation and many supporters. As for Western public opinion, internally, they see it as a conspiracy.
It’s just seeing Asia Dollar gaining momentum and wanting to suppress it.
"Damn."
"Can’t stand to see others do well."
"..."
Each one was quite upset with the European Union, everyone’s livelihood depends on skills, and trying to undermine my efforts is simply too much. This matter cannot be ignored.
"How about."
"We sacrifice a bit more profit to attract more companies to use the Asia Dollar for payment and stabilize confidence."
"Good idea."
"Agree."
"..."
An internal consensus was quickly reached; previously only Myanmar’s own import-export businesses had discount offers, foreign trade did not.
Now.
They’ve been challenged at their doorstep, naturally, they can’t just watch.
...
Myanmar.
Xin’an City.
"The situation is unclear now, should we be cautious in our operations?" an investment company employee asked the manager. The European Union’s public opinion was too sharp.
"No."
The manager shook his head.
"Why?" The employee was puzzled.
Upon hearing.
The manager smiled calmly.
"It’s been three days. Have you seen the Asia Dollar stock market and bond market plummeting? No, everything is normal. Our operations are on record."
"Being cautious now."
"Clearly."
"It’s a sign of distrust in the Asia Dollar. Don’t forget Myanmar Bank Group doesn’t like those who stab when crucial. The last company to crash the forex market."
"No matter what background you have, you’re no longer allowed to enter Myanmar’s financial market. Without confirmed news, do you see anyone else making moves?"
"..."
Upon hearing this.
The investment personnel hesitated.
Indeed.
This place is different from others. It’s relying on them for sustenance, not a free-entry financial market, many operations have added concerns.
Capital freedom?
Sorry.
It’s not applicable here. If they’re unhappy, they simply kick people out. Regarding foreign capital, Myanmar’s attitude has always been: Only welcome friends.
Want to cause trouble!
Get out.
Don’t even think about entering our door again.
"Furthermore."
"In these last few days, the fluctuation of Myanmar stocks isn’t big, but the trading volume is staggering, clearly, a large number of people are selling off, but other capital is picking it up."
"In summary."
"In the face of this capital to sustain the market, even if you sell now, it’s impossible to buy back at a lower price. Tossing back and forth isn’t profitable."
"Then why bother tossing?"
...
As a result.
The European Union felt awkward.
Typically,
when such news appears, it immediately reflects in the country’s financial market. As for the exchange rate, it’s temporarily untouchable; the Asia Dollar is set by the Central Bank’s exchange rate.
But.
At least the stock market should show some reaction!
But looking.
Stable!
Remarkably stable. Also, a slight uptick, which is a slap in the face. Even if they knew others had capital dragging down the market, what of it? Can they still crash the market?
Dream on.
Firstly.
Financial capital entering Myanmar is already controlled.
Secondly.
Myanmar stocks don’t have a short-selling mechanism, no chips on hand, what can they crash with? The European Union almost shouted to the heavens, yet Myanmar seemed as if it existed in another world.
Frustrated.
Heartbroken.
This is simply cheating.
...
On August 20th.
In the morning.
The European Union began reviewing the harvest.
"The situation isn’t good."
"Only a very small number of enterprises, cautiously use the Asia Dollar, while the international trade payment market for Asia Dollar hasn’t been affected at all."
"What?"
Some almost jumped up.
"Impossible."
"Exactly."
"How could there be no impact at all? We released such sharp public opinion, a lot of enterprises should be cautious, yet you tell me there’s no impact?"
"Must be wrong."
"..."
The reporter rolled his eyes.
It’s not like he made it up.
After a long time.
They finally accepted this reality.
"These people, what have they been brainwashed with, no actions at all, truly not afraid of the Transcription Fluid being cracked, causing Asia Dollar’s currency value to plummet?"
"Perhaps, we’re too impatient, after all, the incident happened suddenly, they also need time to respond."
"Yes."
"That must be it, let’s wait a little longer, the rise of Asia Dollar took years, wanting to topple it in one go is rather unrealistic."
"..."
Eventually.
No consensus was reached, only assuming these enterprises were slow to react, or waiting to see if the European Union plays another card.
"How about."
"Claim we developed it?" Someone proposed.
Upon hearing.
Everyone looked at him like an idiot.
Ambiguity is fine.
Want to try again?
Previously.
That strategy ended in complete failure, creating a big joke. Trying once more, isn’t the embarrassment large enough? It was decisively rejected.
"Continue the pessimistic agenda, create a public opinion environment; I just don’t believe those people are united."
"That’s all we can do."
...
After reaching a consensus.
The same day.
European media attacked Asia Dollar fiercely again, but before long, they got slammed. The newly formed African Agricultural Products Alliance voiced:
From now on, all members will support payment in Asia Dollar.
Immediately.
Some were stunned.
Speaking of.
Supporting Asia Dollar so explicitly, aren’t they afraid of European dissatisfaction? There are many companies here relying on the European market.
"Sanctions!"
"Must sanction!"
Reduce orders.
Add tariffs.
Within a week, the policy was introduced.
Thinking about it.
It could have deterred some fence-sitters. But, within a few days, those involved companies found new clients, and the European Union was perplexed upon a thorough investigation.
These enterprises.
Spread globally.
Had no discernible allegiance. Upon further examination, it turned out to be mutual assistance among alliance members’ channels. These products sold to Europe.
Took a turn.
And had new sellers.
"..."
Helpless.
Sanctions failed; they don’t need your purchases, what more can you do? Many European enterprises began searching for new sellers, but after a round.
Got anxious.
Damn.
Other suppliers worldwide, raised prices on a large scale.
Bargaining?
They won’t budge, attitudes are similar across the board.
Buy if you want.
If not, get lost.
In any case, not worried about sales, it’s infuriating. Tossed around until now, it’s already the end of August, some countries in the European Union discovered, it was completely pointless.
Absolutely ineffective.
