Chapter 623: Oil and the Future
The words of encouragement to expand overseas made Qiao Yingxia and others feel surging, but Bei Zuyi was a little worried, and the amount of investment of up to 6 billion yuan was something he didn't expect. This is not a small number, although it has not been used domestically, but even if the US economy is in trouble, will they allow themselves to transfer their assets to Najd? There is also the United Kingdom, which is indeed more and more powerless in the face of the national movement in the colonies, but they still dare to start if it really involves the core issue! India, for example, would rather abandon Afghanistan than survive the Persian Gulf, which is even more critical.
What's next?
Facing Bei Zuyi's gaze, Yang Qiu did not hesitate. He knew only that Ibn Saud was under great financial pressure at this moment, and that he was as anxious as all Arab countries were to get rid of British control. More crucially, isolationism is still rife in the United States, and it is unwilling to meddle in the outside world, and Britain and France lack money and cannot provide such huge loans. Historically, Roosevelt Jr. also used loans to seduce Saudi Arabia successfully, supported the founding of the country and established the Aramco Oil Company, and since then Saudi Arabia has been shrouded in the stars and stripes, even if Saudi Arabia later nationalized the oil industry, the influence of the United States still cannot be expelled.
As for the religious radicals, this is unavoidable, and we must not abandon the future energy channel and this oil depot that makes the world blush in order to avoid them. If you don't do it now, it will be too late when the United States comes to its senses! Besides, the road that some people have walked will be much smoother, and Aramco may not be able to become Aramco, what needs to be done is not to be so harsh, and to give Saudi Arabia more benefits on the basis of ensuring the independence of the Ghawar oil field. This reduces hostility.
To be sure, with the world's No. 1 Ghawar oil field, his interest in the remaining 20 billion tons of reserves has waned a lot, and he never thought that it would be completely completed, which would only lead to Aramco's eventual withdrawal under national pressure. The reason why he actively intervened in Najd was that in addition to oil, he also wanted to maintain the presence of China, just like Germany before the European War. Let the world know the ambition of the German nation! Only by actively going out will countries around the world know that China is different. Development behind closed doors will not cultivate world competitiveness. So every step taken now is for the future!
As for money, he is not even more worried, the next year is destined to be the craziest year for the US economy, and $1.5 billion may become 3 billion or even 4 billion. Not to mention that there is also the London market where you can speculate short. The key now is how to win the trust of Ibn Saud and convince him that he has the strength to protect Najd and his safety.
These are still unknowns, and they will need to be revealed after a meeting.
So early the next morning, he chose to go to Riyadh in the same car with Ben Aziz, and immediately after getting on the bus, he took out the loan plan written in Arabic and handed it to him: "Your Royal Highness, look at this. ”
Since yesterday he got the Albatross 1924, which can fly 1,600 kilometers, Ben Aziz has become more curious about Yang Qiu and China, and immediately took the document and read it carefully.
The sedan was very bumpy on the sandbar, and Ben Aziz, who was sitting opposite him in the shaking from time to time, suddenly became excited. Suddenly, his brows were furrowed, and he often communicated with the interpreter in Arabic, and finally opened his mouth slightly. All these expressions were taken into Yang Qiu's eyes, and he waited for his documents to turn to the last page before breaking the silence: "Your Royal Highness the Prince." These are just my initial thoughts. There may be very inconsistencies and conflicts with the teachings of your country, so I would like to hear your views before meeting His Excellency the Emir. Of course, if you don't think it's right, I'll destroy it now. ”
Destroyed? Ben Aziz involuntarily tightened his fingers. 6 billion people, 3 billion US dollars! How can you let it slip away from your eyes in vain! Allah is above. The peninsula, which had just ended the civil war, was in dire need of funds to recuperate, but Britain and France, out of their own interests, feared the independence of Najd, and put forward many harsh loan agreements, and even demanded that the country's customs and taxes be handed over to them to control, and even if they agreed to the conditions, the loan amount was less than a fraction of what was stated in this document.
The United States, the richest country in the world, is not without contact, but the Americans do not seem to be interested in coming to Najd for development, and they pay more attention to the continuous flow of orders from China and the Soviet Union. Because countries do not want to deal with the Saud family more, the status of the peninsula is at a very awkward moment. Without money, you can't win over the surrounding tribes, you can't give the people a better life, let alone build a country and become independent! So during this time, Ibn Saud was not less worried, and even Germany, which was sanctioned by various countries, and Italy, which has poor economic strength, contacted him, but he did not get a reply.
Just when the dream of statehood was at its darkest, the East actually threw an olive branch, no! It's to smash the whole olive grove over. It shows how tempted he is and how much he wants to nod immediately.
Seeing that he was holding the loan documents and not letting go, Yang Qiu was secretly happy in his heart, and struck while the iron was hot: "Your Royal Highness the Prince, please forgive me for being blunt." Now that you have completed the integration of Najd and Hejaz, the establishment of an independent state must be on the agenda. I would also very much like to see this and see the emir get rid of his colonial status, so I am willing to support all your decisions and to promote normal exchanges between the two countries. ”
One "bomb" after another made Ben Aziz snort and hot flashes.
In all fairness, this loan document thrown by Yang Qiu, not to mention poor Arab countries, even some independent countries will come to grab it. Because according to the plan, after the founding of the country, the Saudi family can use the oil exploration rights and taxes in areas other than the Ghawar oil field as collateral in exchange for a total of 6 billion yuan loans from the Chinese government! Of this, 5 billion will be used to help build cities, seaports, explore oil resources outside the Ghawar oil field, build oil refineries, desalination plants, etc., and purchase a full set of equipment for the Chinese National Defense Forces, including 224 tanks and 122 fighter jets.
In addition, the two countries will jointly establish the Arab-China United Oil Company and the Arab-China United Bank. The former would become the largest oil company in Najd after the oil was discovered, while the latter would mainly oversee the use of loans. The most important thing! The Saud family will automatically receive a 39% stake in both companies.
The remaining 1 billion will also be used as a national development and education fund, which will be jointly supervised by Arab-Chinese bankers. It is used for people's life and education. The total loan term is 60 years, and it will be repaid with oil revenues and state taxes, and after it is repaid, it can redeem 21% of the shares of A-China Petroleum Company at the current price, complete the controlling stake and gradually nationalize. Although the contract did not include the Ghawar oil field, which had already been bought, he promised that after the loan was repaid, he could inject up to 25% of the equity in cash, and Yang Qiu was willing to sell his shares unconditionally as long as all the oil produced by the oil field and its ancillary products were sold to China.
It's a true contract of equality! It is also the hope of the House of Saud! The only harsh. It's just that the loan term is a bit long. But Aziz didn't think much of it, after all, the price of oil is very low, and it will take a long time to recoup the investment. Of course. The most critical thing in the whole contract is that the Saudi family must establish the country as soon as possible, and this loan can only be signed in the name of the country, otherwise the parliament and government of the Chinese country will not be able to account for it to the people.
From the heart. Ben Aziz has accepted the loan agreement. You must know that 6 billion yuan is already equivalent to the current income of Najd for 30 years, and more importantly, Yang Qiu did not put forward any harsh conditions and non-sub-requirements. Literally, it is a reciprocal contract to help the Saudi family build a country as soon as possible and realize the dream of a strong country. But he is not an ordinary person after all, as the first heir to the Saudi family and the future crown prince, he knows very well how difficult it is to build a state. Besides, China is too far away after all. Whether it will be able to support it is still unknown. Secondly, he also doubts that China has such a strong economic capacity that it can come up with about $3 billion in one go.
"Distance and safety are not an issue. In three years' time, China will have a powerful fleet, including eight new battleships and eight heavy cruisers, and we are confident that we will ensure the security of the South and Central China Seas to the Persian Gulf. Yang Qiu was very serious and noncommittal to Ben Aziz's two questions: "You don't have to worry about the funds. I can say with complete responsibility, up to 2 years. China's total economic output will surpass the United Kingdom to become the world's second largest economic country. Yes, there is still a big gap between the average and the UK per citizen, but half of their economic income comes from India and Africa. Compared to what you already know about India, I don't doubt it if war breaks out tomorrow!
And the USSR! They are moving south into Afghanistan trying to enter India and Iran, and my army is doing everything it can, but unless there is a full-scale war. Otherwise, I can't guarantee that I can stop them. If Afghanistan is lost, do you think Persia and India will be at peace? So you can rest assured that there are no problems with this money for our country! The question is whether His Excellency the Honorable Emir will be able to complete the statehood and whether he will be willing to accept our help when it is done. ”
Ben Aziz opened his mouth to speak, and the problems of the international environment were not something he could imagine, and the game of the great powers at that time was a game that could only be played by a man who was only in his thirties and had a population of hundreds of millions and the strongest army in Asia. He was surprised that in just a dozen years, China's economy was close to the British Empire, which was rampant in the world! What makes his heart sway even more is that if it develops at this rate, does it mean that in 20 years, the Chinese Congress will surpass the United States and become the world's largest power? !
Yang Qiu shook his five fingers and raised his chin slightly confidently: "In 5 years, China's economic scale will definitely surpass that of the United States!" ”
"Surpassing the United States in 5 years?" Ben Aziz looked at Yang Qiu like a monster. If it weren't for the bumps in the car, he would definitely think it was a dream. However, Yang Qiu knew that five years from now would be the most serious moment of the US economic crisis, and the total economic output would be more than half of what it is now, and even if the industry and commerce of the Republic of China were also affected and wiped out, the total output value of agriculture would still surpass that of any country in the world. Of course! This is just a numbers game, and it needs to be laid down by a war to deceive the third-rate countries of the Arab world, and to truly surpass the national strength.
Ben Aziz can't describe the feeling at this moment, he only knows that the Saudi family urgently needs this money now, and it needs the support of a big country like China to realize the dream of statehood, even if it is just a joke, but as long as it surpasses the United Kingdom, it is a great achievement!
But the problem is, we have to wait another 5 years! In the next five years, the British Empire will continue to loom over the Arab world.
After several hours of trekking, the convoy finally entered the Riyadh Oasis. Ben Aziz, who was anxious to go back to discuss first, did not immediately arrange for Yang Qiu to meet Ibn Saud, but arranged for him to rest in the hotel first. Looking at his back as he left, Yang Qiu smiled and lifted the corners of his mouth and slowly hooked up.
He can understand Ben Aziz's feelings, because this is a matter of whether the Saud family can change from the emperor to the real ruler of the country. He is also patient, because he is the only person who can make an offer now, and even if the United States is richer than China, they will never come up with such generous terms.
Gaining a foothold in Najd, the Persian Gulf is surrounded, so will the Suez Canal, the Mediterranean Sea and North Africa still be far away?
On the balcony, Yang Qiu's eyes were deep.