readx; Chinese New Year's Eve Special!

New Year's greetings to everyone on a rainy day! I wish you all a happy family, happiness and health, all wishes come true, and a prosperous New Year!

Bring the red envelope......

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Chen Jingyun wants to run a railway, the news spread quickly, in fact, there was relevant news very early, but the construction of the railway is a matter of mentioning every year, but no one has a letter, the southeast Xuanfu embassy period has been rumored that Chen Jingyun wants to build a Fujian-Zhejiang railway, and there is a lot of uproar, even now there are similar rumors. Pen ~ fun ~ Ge www.biquge.info did put forward a similar plan in the past, to build a Ningbo to Wenzhou and then to Fuzhou, which is to continue to Xiamen and finally to Guangzhou, that is, to build a railway along the coast of the southeast provinces.

However, as soon as this plan was put forward, many experts from the railway department turned their noses up, and then came up with various data to demonstrate the difficulties of building the Fuzhou-Hangzhou railway, and at the same time said that the shipping between Fuzhou and Shanghai was developed, and the construction of the railway along the coast could not fundamentally promote Fujian's economic development. If there is no benefit, then only military use remains, and if China is said to be war, and even ten years from now, the Chinese navy will not be able to resist the naval blockade of Fujian, Fujian's external shipping channels will be completely blocked, and if there is a coastal railway, Fujian's communication with other provinces, especially the Yangtze River Delta, will be able to continue.

However, the coastal railway also brings an extremely important problem, that is, if the army lands on this section of the railway at will, it can completely cut off this railway line, so that the strategic value of this railway will be rapidly reduced, Fujian needs a war-ready railway, but this war-ready railway cannot be the Fuzhou-Hangzhou (Fuzhou-Hangzhou) railway, nor can it be the Fuzhou-Guangzhou railway (Fuzhou-Guangzhou), what he needs is a war-ready railway from Nanchang to Fuzhou. In this way, we can better solve Fujian's coastal combat readiness and take into account the needs of Fujian's economic development. As for the Southeast Coastal Railway, let's talk about it later!

Based on these reasons, the Fuzhou-Hangzhou Railway was quickly rejected after it was proposed, but there were still some rumors that made many people think that Chen Jingyun had not given up on the construction of this section of the railway.

However, these also prove from another aspect that people in this year are still very sensitive to the construction of railways, and a little news about the railways can attract people's attention, and people are not only concerned about the situation of the southeast coastal railway, but also pay more attention to the situation of the Guangdong-Hanzhou railway and the Zhejiang-Jiangxi railway.

The Guangdong-Hanzhou Railway is not a matter of the Nationalist Army in a short period of time, and it is impossible to start construction of the whole line before taking these two provinces, but it is possible to start the construction of the southern section of Guangdong and Hunan, and after the completion of these two sections, it is estimated that the Nationalist Army has already taken Hunan, and Hubei depends on the situation.

The Zhejiang-Jiangxi Railway is different, Jiangxi and Zhejiang are under the direct control of the National Army, and the construction of the Zhejiang-Jiangxi Railway is something that the National Army can decide on its own, so people are more concerned about this rumored Zhejiang-Jiangxi Railway.

And this rumor did not last long, and soon the Ministry of Communications of the Republic of Nanjing issued a notice to establish the China Railway Company, subordinate to the Shanghai-Hangzhou-Ningbo Railway Branch, and the establishment of the Zhejiang-Jiangxi Railway Branch, the Guangdong-Hanzhou Railway Branch, and officially announced the information that the Republican Political Axe intends to build the Guangdong-Hanzhou Railway and the Zhejiang-Jiangxi Railway in the form of a book title document.

At the same time, it was announced that it would finance these two sections of the railway, and welcomed the active participation of domestic and foreign capital.

This is only a superficial commercial phenomenon, but behind the scenes, Chen Jingyun met with the US Consul General in Shanghai, Sir Faless, the British Consul General in Shanghai, and the diplomats of Ben, Germany, and Russia.

Whether it is the Guangdong-Hanzhou Railway or the Zhejiang-Jiangxi Railway, Chen Jingyun will not let private capital build it on his own, nor will he take out the money to repair it himself, whether he wants to or not, he still has to take the road of borrowing.

However, in order to avoid others saying that he sold the right of way, he also used some means to avoid people's eyes, such as the China Railway Company, and the Shanghai-Hangzhou-Ningbo Railway Branch, Zhejiang-Jiangxi Railway Branch, and Guangdong-Hanzhou Railway Branch. At first glance, these companies appear to be all state-owned enterprises, but in fact, of the three main subsidiaries of China Railway Corporation, only the Shanghai-Hangzhou-Ningbo Railway Branch is fully state-owned. The other two companies are prepared to involve foreign capital, and foreign capital will take the majority, while the Republican Axe will issue railroad bonds to raise some of the money to participate in the participation of these railroad branches.

In this way, the foreign consortium got the absolute controlling stake they wanted, that is, the right to operate the railway. However, the China Railway Company also holds a considerable part of the shares of the Zhejiang-Jiangxi Railway Branch and the Guangdong-Hanzhou Railway Branch, and nominally maintains a subordinate relationship with these branches, so as to avoid letting the Chinese people accuse him of Chen Jingyun for betraying the right of way. After a few decades, after the foreign consortium has obtained sufficient profits from operating the railway, after reaching a certain number of years, it will transfer all the shares of the railway to the republican government without compensation.

That is, if nothing else, there is no World War, there is no World War, there is no World War, after decades of China's honest development, these railways will still be nationalized. For example, if China and Ben go to war, they will definitely directly confiscate all their assets in China, and these railway shares will definitely be directly confiscated, and if China goes to war with all the great powers, or even fights with the United States, then all the assets of the countries in China will definitely be confiscated, and those railways will be directly confiscated by the state.

Officially, because there are similar position variables, Chen Jingyun issued instructions not to allow domestic private capital to directly invest in railways, and if you want to invest in railways, you can only buy railway construction bonds, only bonds, not railway shares.

Chen Jingyun's approach has also aroused the opposition of some businessmen, but Chen Jingyun did not expect to be able to raise more than 100 million yuan in China to build these two railways, at most 10 million or 20 million would be good, so these opposition voices do not need to pay too much attention, in fact, Chen Jingyun just wants to and cannot raise hundreds of millions of yuan in China. This is not to say that domestic businessmen do not have so much money, China's private capital is still quite abundant, and there are not a few rich people who melt gold and silver into huge pieces and bury them underground, and there are more than a few who are worth more than one million.

But most of them are two groups of people, one is the landlord's old wealth, and they only believe in the gold or land buried under the bed, and their money is either buried or the land is bought. The other part is businessmen, this part of the people also have a lot of money, but also like to invest, but businessmen are always unprofitable and do not get up early, their capital is to give them money, but they are more keen on the fast money, time turnover of light industry or trade activities, and for the investment in heavy industry and industrial mining is the railway, these need to cost a lot of money, the cycle is long, the income is quite weak The project must be a lack of interest, whether it is the late Qing Dynasty or the modern times.

This is also why after the reform in the late Qing Dynasty, industry and commerce developed rapidly, but almost all of them were concentrated in light industry, especially the textile industry, while the heavy industry represented by military industry and iron and steel was declining year by year, and there was almost no private investment except for state capital.

Those who are really interested in these large-scale projects with tens of millions of dollars are foreign bank consortia, and what they need is long-term and stable income. Because the investment method of hundreds of millions of yuan is different from the investment method of only tens of thousands of yuan, the investment of hundreds of millions of yuan requires long-term and stable income, not much, as long as it can be maintained for ten percentage points a year, it is a huge amount of money, and the annual income is calculated according to tens of millions. The investment of tens of thousands of yuan is to hope that the short-term effect will be quick, otherwise it will not be enough to earn ten percentage points a year.

Moreover, the money taken out by these consortia is not their own, it is all concentrated through bank fundraising, bond issuance, etc., and the consortia need to pay benefits to these investors, and what these consortia earn is the difference, which is why those consortia are so fond of all kinds of loans, especially national loans.

Of course, this kind of business can only be done by these large consortia, because if there is no support from countless artillery warships behind such a huge investment, it will be 100% wasted, for example, now a weak country in Africa has dug up a temple, which has hundreds of tons and said that it will be taken out to invest in the railway for Chen Jingyun, needless to say, Chen Jingyun will immediately swallow the money and turn his face and deny people, when it comes to the naked national interests, there is no difference between a robber and a gentleman. But Chen Jingyun didn't dare to move the investment taken out by the consortium of the Western powers, at least not for now, as for the future. If Chen Jingyun explodes a nuclear bomb and has the ability to destroy the earth at any time, he doesn't mind being a global bandit, and he doesn't have to be too ugly, and through various economic policies such as the Huayuan and oil-linked programs to make Huayuan the world's circulating currency, a reserve currency for all people and all countries, China can use these printed paper notes to buy the resources and products of these countries, and rely on these resources and products to maintain China's invincible military power across the galaxy. Basically, just like the United States in later generations, as long as the Martians do not invade and there is no World War III, then the dollar system does not collapse, and the United States will be able to use currency to increase the issuance of currency and plunder the resources and products of other countries forever.

Sometimes, Chen Jingyun thinks that the person who proposed the Marshall Plan and the plan to link the dollar to oil is simply a genius!

Now, those conglomerates, relying on the power of the countries behind them, can invest a large amount of money in China's railway projects without worry, but some of them do not think that these investments are likely to be returned.