Rebirth of the Military Industrial Overlord
Chapter 722: So beautiful you
"The difference lies in the mainland and that island."
Sheikh bluntly stated the reason.
The three words "that island" immediately touched Tan Zhenhua's sensitive nerves, his heart calmed down, and he asked in a deep voice, "How do you say?"
Sheikh obviously also understood the significance of this topic, and after considering the words for a long time, he spoke again: "This should start from the history of Alendra and Dubai."
Looking at Tan Zhenhua’s solemn eyes, the third prince explained in a deep voice: “Everyone thinks that our Alian chief is a country with very rich oil reserves. Since the first oil field was discovered in Abu Dhabi in 1958, it has been explored so far. Ming’s reserves are about 90 billion barrels, accounting for 9% of the world’s proven reserves. The oil exported every year ranks second in the Arab world, second only to the moat sand next door, for a population of just over 5 million. For small countries, we can live a prosperous and even luxurious life just by selling oil."
"Isn't that the case?" Tan Zhenhua was a little confused about Xie He's terminology. What is "thinking"? Obviously "just", okay?
"From the perspective of the entire country, there is nothing wrong with saying that, but as I said just now, the political system of our Alian chief is a bit special. It is composed of 7 highly autonomous emirates. The obligation to help each other economically, in layman's terms, the finances of these seven emirates are actually relatively independent."
"Huh?"
"Selling oil is indeed the easiest way to make money. Unfortunately, the huge oil reserves of our Emirates are very unevenly distributed. More than 90% of them are distributed in the emirate of Abu Dhabi. But in Dubai, there are only about Up to 5%, and it is still offshore, and the cost of mining is much higher than that of onshore oil wells."
"It seems that your family's idea of living a good life only relying on oil is unrealistic." Tan Zhenhua nodded.
Sheik sighed: "Who said no? So, my father thought about it for a long time, and made a bold or even crazy decision more than ten years ago, but now it seems that my father did it right."
"Oh? What kind of decision?"
"At that time, he decided to extract crude oil at the fastest speed and sell it, even if it takes time to spare, so as to accumulate enough funds for the transformation and upgrading of our Dubai industry, and his preferred direction of transformation is trade. , I hope to build Dubai into the largest trade distribution center in the Middle East based on its port advantages."
"... Amazing, Sheikh, I have to say, your father, the old chief, is really a long-sighted leader!"
"Yeah, no one can shake my father's reputation in Dubai. Moreover, his seemingly crazy decision back then has already begun to see the effect today. For nothing else, he borrowed money from Kuwait to fix it. The Port of Sid has been one of the most important ports in the Persian Gulf since the 1970s, and the port of Minajbel Ali, which has been in use since 1979 and is still expanding, is expected to become the largest port in the Gulf. The re-export trade carried out through these two ports every year has increased our GDP in Dubai by several percentage points."
When it comes to this, Sheikh's entire face is glowing, and he looks like "Dad's merits, as a son, I am also honored."
Xiao Tan Tan couldn't help but look at others posing this way in front of him. He couldn't help but said in a slightly ridiculous tone: "Yes, it's also your luck, just in time for the man on the opposite side of the Persian Gulf to kill yourself, otherwise people The Bandar Imma Port in the country turned out to be very prosperous?"
Xie He, who was still full of pride just now, suddenly blushed: "This is also a good way for us to take precautions. That's why we have this opportunity. You Huaxia don't have a saying, "Opportunities are always reserved for those who are prepared." Is it?"
Tan Zhenhua didn’t want to irritate the third prince too much, so he nodded when he heard the words: "His Royal Highness Sheikh is right, so I am full of respect for the old chief’s vision. However, I’m puzzled. With such a long-term view, why would he hesitate on the simplest choice of China Mainland and that island?"
"Uh, this..." Sheikh fell into a short hesitation, but finally made up his mind to speak: "I discussed this issue with my father and elder brother. Although my father didn't say it clearly, how do I feel? Yes, he did not hesitate. In fact, he is very optimistic about the development potential of the mainland. After all, in terms of land area, population, political influence and other aspects, the mainland has an incomparable advantage over that island. He just doesn’t want to be present. Just express his stance, or he thinks the time is not yet ripe."
"Why?" Tan Zhenhua asked with frowning.
"I think it should be because that island is still an indispensable and important trading partner for us, and the mainland has contributed too little to our economic development."
understood.
The old chief is disgusting the poor and loving the rich!
Because, at this time, in 1983, if only from the perspective of economics and trade, for Dubai, the importance of that island is indeed higher than that of China.
Since the late 1960s, with the gradual rise of industrial financialization in the established capitalist industrial countries in Europe and America, especially the United States, a large number of low-value-added manufacturing industries began to be transferred out, and it was East Asia that took over these manufacturing industries.
This has stimulated the economic rise of the entire East Asia, the most representative of which are the Japanese and the so-called "Four Asian Dragons"-Hong Kong, Taiwan Island, South Korea and Singapore.
During this period of time, Taiwan Island relied on its advantages in guarding the center of the Western Pacific Channel, an important transportation hub, and its shipping, light industry, especially the electrical and electronic manufacturing industries have been rapidly developed, and its economic situation is indeed much better than the current mainland. This situation reached its peak in 1990 in Tan Zhenhua’s previous life. In that year, Taiwan’s population accounted for only 2.5% of the mainland’s population and created an alarming gap of 43% of the mainland’s GDP.
Moreover, Taiwan Island is a typical export-oriented economy, and its export products are mainly a large number of industrial manufactured products, which exactly meet the import needs of Dubai and the entire Middle East. On the contrary, what about China? The current export product structure is still dominated by resource products such as agriculture and minerals. In some respects, it is actually a competitor of the Arab Emirates, because China is still exporting a large amount of oil...
What a special thing, this is an old fox who sees no rabbits or hawks in the eyes of money!
Tan Zhenhua now understands the old chief’s thoughts. Anyway, he didn’t establish diplomatic relations on either side, so he just hung up. In this way, he didn’t offend China Mainland to the end, leaving room for transfer and not delaying his relationship with Taiwan Island. How beautiful is it to make small money in business?
What a great abacus!
Humph, this matter, I don’t know if I don’t know, Xiaoye, since I ran into him, I have to think of a way to get you dirty!
Want to step on two boats?
Beautiful to you!
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