Chapter 2674
Compared with the North Korean and Japanese merchants who travel to and from the Tsushima Strait all year round, the Haihan commercial organization has many advantages. Not only does it have abundant capital and excellent background, but it also has an operational level that is difficult to match among its peers in terms of allocating transnational transportation capacity, opening freight routes, and collecting product information.
Relying on these advantages, Haihan commercial institutions can reduce operating costs while improving operating efficiency. Even latecomers can quickly occupy a place in the market with these advantages. In addition, commercial institutions also hold the franchise rights of many cheap and high-quality Haihan industrial products, so it is not difficult to open up a situation in Busan Port.
The reality is exactly the same. Ning Zijing introduced to Zhu Zian without showing off that among the ten trading firms with the largest trade volume in Busan Port, the top seven firms are all from Haihan background, and the remaining three are also related to Haihan has close cooperation with merchants.
In other words, the current prosperity of Busan Port largely depends on the participation of Haihan business organizations. The influence of capitals such as Haihan is far beyond just foreign commercial institutions.
"In addition to the currencies of North Korea and Japan, most merchants in Busan Port will use banknotes issued by our country. In many cases, foreign businessmen are even more willing to use our country's banknotes... Do you know why this is?"
After hearing Ning Zijing's question, Zhu Zian fell into thinking. He doesn't have much economic knowledge, but during his stay in Hangzhou and Zhoushan, he was somewhat exposed to the use of Haihan banknotes, and he has a little understanding of this unique currency. But to answer Ning Zijing's question, this amount of knowledge is still a bit thin.
Zhu Zian responded tentatively: "Maybe it's because it's more convenient to carry and settle, right?"
In Zhu Zian's view, banknotes are undoubtedly more portable than metal currencies, and the face value is printed on the currency, so there is no need to consider its quality or loss. There are many branches of Haihan Bank in prosperous areas such as Hangzhou and Zhoushan, which can easily meet storage, exchange and other needs. It is indeed an excellent form of currency for businessmen who need to travel around to do business.
Ning Zijing smiled and said: "You are right, but it is definitely not as simple as you think. To make it a currency circulating among many countries, it requires strong economic strength and extensive trade and financial ties with various countries. At the same time, it must have strong stability to ensure that these banknotes can be exchanged for equivalent precious metal currencies at any time. It must also sign agreements with various countries, and its currency value will not be recognized by the public until it is officially recognized.”
Zhu Zian could basically understand every word Ning Zijing said, but when they were put together, he was a little confused. However, he did not want to be looked down upon by Ning Zijing, and the current situation was not suitable for detailed discussion, so he did not continue to ask for answers.
In fact, what Ning Zijing said are all the conditions required for Haihan banknotes to become an international currency. They are several levels higher than the reasons Zhu Zian thought of. The theories of international politics and economics involved are all It was something Zhu Zian had never heard of, so it was naturally difficult to understand it immediately.
But Zhu Zian could think of some benefits of this situation to Haihan. Apart from anything else, the purchasing power brought by the circulation of Haihan banknotes is enough to shock people.
Zhu Zian didn't know what seigniorage was, but he knew that Haihan could just run the paper mill and printing press to continuously produce banknotes at a very low cost, and then use these banknotes to buy goods from other countries, easily Can harvest wealth.
In terms of cost, this is much lower than casting copper coins, refining silver ingots, gold ingots, etc. Printing a hundred yuan banknote is worth a hundred taels of silver, but its cost is about one percent of a hundred taels of silver. Even less than that. There is probably no other business in the world that can compare with the huge profits.
Zhu Zian carefully pondered the article and had no intention of continuing to enjoy the dinner. He just wanted to ask Ning Zijing for advice in this area when he had the opportunity to understand how Haihan used currency to open up trade links. Harvest the wealth of other countries.
The next day, Li Zhi set off back to Seoul, while Ahn Do-seok stayed on Ganghwa Island, preparing to complete the next leg of the journey with the Haehan Fleet. Shi Chengwu and others also got up early and rushed to the dock to say goodbye to Li Xie. They also met Fu Li, who had just arrived at Jianghua Island to transport supplies.
Although the fleet will arrive at Busan Port soon and can continue to supply supplies there, Fu Li specially organized a batch of supplies to be sent to Ganghwa Island for them to use on the way.
"There is everything for food and use. You will know when you look at the list later. There are also a few boxes of goods sent to Mr. Wang. They are my personal thoughts. Anguo, please remember to keep them." Fu Li handed over from his subordinate. Li took the list and stuffed it into Wang Anguo's hand.
Wang Anguo quickly thanked Fu Li. When Fu Li went to work in Seoul, a place he was unfamiliar with, it was only thanks to King Tom's care that he could stay there smoothly. Therefore, the personal relationship between the two was quite good. Now that Wang Tom is far away in North America, it is difficult to have a chance to meet him. Fu Li also specially prepared some gifts for Wang Anguo to take along with him.
Fu Li added: "Originally, I suggested to the king that he should go to Busan Port with you to inspect, but it seems that he is still worried in the end!"
Shi Chengwu asked in confusion: "Does the king think it is not safe to go out with us?"
Fu Li shook his head and said: "That's not true, otherwise why would he take your boat to watch the military exercise? He is worried that something will happen to his family if he is not in Seoul for a long time."
Shi Chengwu suddenly said: "That's it. No wonder the exercise just ended and he was in a hurry to go back to Seoul before we even said we were leaving."
Of course, what Li Zhi is worried about is the safety of his throne. If he goes to Busan for inspection, it will take at least half a month to go back and forth. If he has to leave Seoul for such a long time, he will seriously lack a sense of security.
In fact, ever since Haihan asked Li Hao to go to the north to divide and conquer the three northern provinces, Li Hao rarely left Seoul on his own initiative. In view of the unique "tradition" of Korea, Li Zhi believed that if he was not in Seoul for a long time, it would leave room for careerists to operate.
Even if he had to leave Seoul for a few days to visit the military exercise, he made full preparations in advance and let Park Hongye handle the government affairs temporarily. As soon as the military exercise was over and the celebration banquet was held, Li Xie hurried back to Seoul.
It's a bit sad when a king is in this position. But this is a scene that Haihan is happy to see, because in this way, it will be easier to control Li Xie's actions.
(End of chapter)