The rise of a great power: starting with military industry

Chapter 562: Project of the Century - Three Gorges!
Huang Wanli was also stunned.

Among the opposition, Li Rui and Huang Wanli are typical representatives.

Huang Wanli was the son of Huang Yanpei, a Chinese educator, industrialist, politician, and one of the main founders of the Chinese Democratic League. Huang Wanli went to the United States to study in 1934, received a master's degree from Cornell University in 1935, and a doctorate in engineering from the University of Illinois at Urbana-Champaign in 1937. He was the first Chinese to receive a doctorate in an American factory.

In 1945, Huang Wanli became an inspecting engineer of the Ministry of Water Resources of the Republic of China. From 1947 to April 1949, he served as the director and chief engineer of the Gansu Provincial Water Resources Bureau and a member of the Yellow River Water Resources Committee. In 4, he served as an advisor to the Northeast Water Resources Bureau. After the founding of the Republic, he taught at Tangshan Jiaotong University. In 1949, he was transferred to Tsinghua University to teach. In the following years, he wrote important academic monographs "Flood Estimation" and "Engineering Hydrology". In 1953, he completed "On the Strategy of Harnessing the Yellow River".

Now he not only teaches at Tsinghua University, but also serves as the director of the Department of Water Conservancy and Hydropower Engineering at Southwest Associated University.

He opposed the construction of the Three Gorges Dam for many reasons, one of which was financial resources.

my country's financial resources are not strong now. It has been less than ten years since the reform and opening up. Although the country has developed rapidly, its foundation is still too weak. The first reason why he opposed the construction of the Three Gorges Dam was because he believed that the construction of the Three Gorges Dam would be a considerable expense for China. He suggested building the Tiger Leaping Gorge Hydropower Station first, and then talking about the Three Gorges Dam.

Now that Liu Tao has said that money is not a problem, there is no need to discuss many objections.

"In that case, the Three Gorges Project will be launched!"

After that, the meetings no longer discussed the pros and cons of the Three Gorges Project, or whether to build it or not, but how to build it, how to organize immigration, how to protect cultural relics and historical sites, etc.

The total investment in the project has also continued to increase, reaching 2500 billion yuan!

There is no doubt that the Three Gorges Project has become a project of the century.

Not long after, the state established the Three Gorges Project Construction Committee, which consisted of three agencies: the Office, the Immigration Development Bureau and the China Yangtze Three Gorges Project Development Corporation.

It will be submitted to the National People’s Congress for deliberation next year.

office.

"Can you afford such a huge investment? Don't forget that you have also launched four major hydropower station projects on the Jinsha River, which also require huge investments. Don't be too ambitious and cause your capital chain to break."

Although the four major hydropower station projects on the Jinsha River are not as eye-catching as the Three Gorges Project, they are also huge projects and also projects of the century.

Will Panshan Group run out of funds and go bankrupt?
They saw Liu Tao's foresight. From the beginning, Liu Tao built a large number of reservoirs and hydropower stations in Yunnan Province, thus meeting Yunnan's irrigation needs, water needs and power supply needs. Later, he built a large number of reservoirs and hydropower stations throughout the southwest, so that there was no power shortage during the rapid development of the southwest in recent years, and now there is enough power to transmit electricity to other places.

Although the price of electricity transmitted by the Southwest Power Grid is not cheap, it is undoubtedly a life-saving straw for provinces like Guangdong that urgently need electricity for industry.

But this year, while Panshan Group started up four major hydropower stations on the Jinsha River, it also had to support the construction costs of the Three Gorges Project. Even though Panshan Group is a large company, it doubted whether it could sustain it.

If it leads to a break in Panshan Group’s capital chain, it would be a loss.

"Boss, we still have the money." Liu Tao smiled, "Last year, our profits from several major banks in Hong Kong exceeded HK$100 billion, and the profits from Hong Kong's industries attributed to the parent company exceeded RMB 100 billion."

Liu Tao said: "In addition, we have made a lot of money in the recent financial crisis, and the profits are more than enough to support these large projects."

"Oh? Didn't you suffer heavy losses? How come you still made a lot of gains?"

Liu Tao explained: "We made a total of $150 billion from short selling." "What? $150 billion!?"

According to the data released by China, China's GDP last year was 10376 billion yuan, which is approximately 1 billion US dollars based on the exchange rate of 3.7211 US dollar = 2788 RMB.

One hundred and fifty billion US dollars is more than half of the GDP announced last year.

"You are robbing the whole world!"

Liu Tao smiled and said, "Now that oil prices are high, the manufacturing industry in Europe and the United States is growing very slowly, and is even retreating, but their stock markets are booming, and have at least doubled in just a few years. Everyone knows that the United States is having a hard time, but the U.S. stock market has nearly tripled in just a few years. This is a huge bubble."

"All kinds of hot money continue to flow into the U.S., into the U.S. stock market, and push up the U.S. stock market's market value. Anyone with a bit of common sense can see that this is problematic." Liu Tao said with certainty: "Of course, I'm lucky I won the bet this time. If I lost, the loss would be huge."

If you win the bet, you will naturally make a lot of profit.

If you lose the bet, you will naturally suffer heavy losses.

All your capital will be lost, and you will have to work hard for a few years at least.

"Do you think it's possible for Season 3 to start in the current situation?"

The start of the S3 season has become a hot topic during this period.

Because of Super Black Monday, people can't help but think of Super Black Monday in 1929.

The super Black Monday in the United States in 1929 triggered a global financial crisis, which spread and led to the outbreak of World War II.

You have to know that it was only ten years from the economic crisis in 1929 to the outbreak of World War II.

This cannot but cause people to worry.

"It's unlikely. The Americans are facing all kinds of troubles right now. If they trigger the S3 season, they may lose badly to the Soviet Union. The Soviet Union is currently engaged in a fierce power struggle among its upper echelons and has no intention of looking outward. Back then, the Soviet Union did not choose Europe as a breakthrough point, but Afghanistan. This shows that the Soviet Union did not want to trigger the S3 season. It was impossible back then, and it is even more impossible now!" Liu Tao analyzed.

Liu Tao said: "Of course, if the S3 season breaks out, our situation will be much better than before 1979. Even if we refer to the outbreak of World War II, if we are given ten years, we will be much stronger than we are now, and we may be able to compete with them by then."

Nodded slightly.

Now both the Soviet Union and the United States are relatively restrained, and their strategic determination is much stronger than ever before. There is no sign that the two countries want to trigger the S3 season.

As long as the Soviet Union and the United States do not want to, then any war that breaks out in other places will at most be a local war and cannot be called S3 season at all.

He also agreed with what Liu Tao said. China is very fast in equipment updates, and the only loss now is in inventory.

In just ten years, the weapons and equipment of the Chinese army will be greatly improved compared to the current situation. At least there will be thousands of new tanks and armored vehicles.

(End of this chapter)