Chapter 290 Coolidge's Prosperity

The Battle of Delan has proved a conclusion that battlecruisers are unbearable and can only hunt cruisers. They are still too fragile in the face of battleships. It is difficult to achieve on cruisers to ensure high speed and defense at the same time and pursue a certain degree of firepower.

In the new round of naval competition, Britain, France and the United States are basically no longer building new battlecruisers, but building destroyers with larger tonnage to replace the function of cruisers.

In China, battlecruisers and cruisers are the same meaning.

China's cruisers are relatively special. Taking the Congo-class cruisers as an example, the design standard displacement of 18,500 tons, the full load displacement is 21,900 tons, and the maximum speed is 27.5 knots.

With China's ability in the steam turbine power system, it is not difficult to build a cruiser with a maximum speed of 32 knots per hour. The main reason for this is to increase the defense of the Congo-class cruiser. The overall defense effect is roughly the same as that of the 12,000-ton battleship.

In the case of a large design margin, the main gun is only 6 330mm main guns, and the firepower system is also weak.

The key here is to reserve enough room for modern improvements for Congo-class cruisers and equip Congo-class cruisers with a large number of new equipment and functions.

The Congo-class cruiser has many functions. It can not only hunt the opponent's cruisers and destroyers, but also effectively protect the aircraft carrier formation. At the same time, it has a strong single-ship combat capability, ocean-going cruise capability, and can serve as the main force in the small-scale fleet formation.

Compared with battleships of the same tonnage, its cost is twice as low.

Therefore, another sister modified version of the Congo-class cruiser, the Guinea-class cruiser, has become the best-selling warship in recent years. It has been sold on a large scale to the entire Asia-Europe League and the Chinese colonial system, and there are also many sales contracts in South America and Northern Europe.

Since 1920, Hyundai Heavy Industries has built four Congo-class cruisers and their sister versions every year.

The promise given by China is that this type of ship can be upgraded at any time, so that it has a long service period. In terms of construction technology, it also adheres to a variety of domestic welding protection processes. The overall armor mainly uses KVI560, KB430 and KV720 special warship steel, and the surface is hardened. The process is more complicated, and the defense efficiency of the same thickness is about 14% stronger than that of the British [***] ship steel armor, especially in the face of medium and high-speed light bullets with the best anti-soaking effect, that is, in the face of 45 times 280mm, 305mm, 330mm, 340mm caliber main gun, the defense effect is the most Good. Good.

If you encounter a battleship with a larger caliber of the main gun, one word - run.

If you encounter a super battleship of the same level as Bismarck and Iowa, two words - self-sinking.

Of course, the surname may be very low.

At the current international naval level, Congo-class cruisers are also special invincible warships in another sense.

Multi-functional, wide range of applications, excellent and stable combat surname, moderate price, high surname-price ratio.

Stable and high-quality, practical and efficient, electrical, fire control, communication, detection, torpedo, power advantages.

These have always been the style of the Chinese [***] ship, and it is also the magic weapon of the Chinese navy's repeated victories. Of course, it is also the reason why other countries have bought a large number of [***] ships.

The current situation is like this. The Chinese navy continues to build Yuzhou-class battleships at the speed of one a year, and the heroic battleships at the speed of one a year, forcing the United Kingdom, the United States and France to build battleships at the same speed, and at the same time let other countries feel the succession of the world navy. Continue the pressure of competition to buy ships from the Chinese navy.

With the expansion of the export scale of the Chinese navy, the naval pressure of the United Kingdom, the United States and France has further increased.

Since 1901, China has been the country with the largest export of warships in the world. The export volume of battleships, cruisers, destroyers, coastal patrol ships and defense ships is the largest. The total tonnage of warships exported to the outside world exceeds 270,000 tons every year, and the markets of Britain, France, Germany and the United States are almost squeezed in this regard. Almost exhausted.

There is no way. The Chinese navy has fought the most naval battles in so many years. The warship surname can always be the best. It is not the best, and the price is the cheapest. Even today, the quotation of the same level of warships is still 15% cheaper than that of Britain, the United States and France.

China is also flexible in business, and it is okay without money. The business of second-hand ships and three-hand ships are all done. Ship repair, maintenance, overhaul and upgrading can continue in China.

There is another big feature of the [***] ship in

, that is, the whole set has a good advantage. From large to small, each product is at the world's leading level. Its communication, fire control and control system are still different. If you want to buy one, you have to buy one.

The sale of warships is a matter of China's naval administration, and the proceeds from it are mainly used for the further research and development of naval technology, forming a rolling cycle of good surnames with each other, and the Chinese navy continues to benefit from it.

Under the multi-faceted pressure of the Chinese navy, the United Kingdom, the United States and France are constantly hoping to negotiate a naval restriction treaty with China. The United States has begun to build 40,000-ton battleships, and there is no way.

The Chinese navy decided to launch the construction plan of the 50,000-ton Xuzhou-class battleship.

In July 1923, in Washington, the four countries finally reached the Washington Naval Treaty, which limited the total tonnage ratio of the navies of China, the United States, the United Kingdom and France to the standard of 1:1:1:0.7. The maximum number of battleships with a standard displacement of more than 35,000 tons shall not be built, and the caliber of the main gun shall not exceed 16. The total tonnage of new warships shall not exceed 50,000 tons per year.

At the cost of China's agreement, Britain, France and the United States confirmed China's effective occupation of Zimbabwe and Zambia, and recognized the agreement between China and Egypt. Libya and Sudan became a common protectorate between China and Egypt, while China recognized the effective British occupation of Ethiopia and France over Niger, Chad and China. Non-effective occupation.

According to the principles of the London Conference, these African regions have become recognized colonies of the occupying powers.

After the Washington Conference, China has 17 overseas provinces in Africa, with a total area of more than 7.5 million square kilometers, reaching 1/4 of the total area of Africa, second only to France and higher than the United Kingdom.

In fact, before this, the Chinese army and the British whites themselves had fought many battles in Zimbabwe and Zambia, and gradually defeated them, and began to implement effective overseas provincial management in Zimbabwe and Zambia.

Among the current world powers, China is indeed the best in colonial management.

At present, the Congo, which has the highest total GDP, has surpassed European countries such as Italy, Belgium, the Netherlands and Spain. The total industrial output also accounts for 2.7% in the world. The output value of industry, mining and agriculture is very high, and it is known as the gem of Africa.

In the coastal areas on the east and west sides of Africa, the central political axe has established four autonomous regions with a total population of 5.53 million, with a Chinese population accounting for 74%, with Libreville, Mata, Maputo and Bissau as the center of the autonomous region, extending to Cameroon, Gabon, Congo, Angola, Mozambique and Equatorial Guinea. The coastal area of Guinea-Bissau.

These autonomous regions account for almost half of Africa's total industrial output value, and are also convenient platforms for Chinese goods to directly use African resources to enter Africa, the European continent, South America and West Asia.

In the plan of the central government in the next decade, these autonomous regions will further expand, accounting for at least 5% of the world's total industrial output, and becoming an industrial complex that can compete with France.

Now, after Britain, France and the United States confirm China's recognized occupation of Mozambique and Zambia, China will connect the railways in these regions, forming Africa's first east-west railway, connecting the Mata Autonomous Region and Maputo Autonomous Region, and then connecting the two autonomous regions of Lieberville and Bissau.

At that time, as long as the full integration of various mining resources can be achieved within the overseas provincial system of China and Africa, it will play a vital role in the development of the four autonomous regions.

With the increasing risk of the world economic crisis, China's construction in the colonial and Asia-European alliance system is gradually accelerating. Even in the event of a crisis, the existing system economy can better withstand the impact of external economic collapse.

To this end, since 1923, China has raised 12 billion yuan of national capital and treasury bonds at home, 30% for further infrastructure enhancement at home, and 70% for the internal economic construction and assistance of the entire colony and the Asia-Europe alliance system to support the further development of economies.

This money is basically used on average to ensure the balanced development of the colonies and the Eurasian Union economy, and also increases the space for China's external exports.

Almost at the same time, China and the United States experienced a special Coolidge boom. The stock market began to develop in a blowout. Almost any stock can sell at an amazing price, because there are three stock markets in China, Shanghai, Hong Kong and Singapore. The stock markets in Shanghai and Hong Kong are under strict supervision, and the Singapore stock market The foundation is insufficient, and the real large-scale overflow is still the New York stock market.

The fundamental reason for Coolidge's prosperity is that the scale of capital spilled from the whole world is too large. Europe's large-scale monetary expenditure during the war and later reconstruction has greatly exceeded the basic limit of market demand. A large amount of surplus capital is looking for new investment space, while the United States lacks a regulatory body. The financial system has become the biggest loophole in the world economy, thus advocating a huge financial bubble.

With the appreciation of the U.S. stock market alone, the total U.S. GDP increased by 11% in 1923. During the same period, China's GDP growth amount also exceeded 7.7%, which is still under the tightening of the macro-control of stocks in the country.

Hu Chuyuan knew very well what the result of the bubble was, but he didn't say anything.

He just waited calmly and further strengthened the construction and implementation of domestic financial supervision policies.

He also carefully calculated that in 1923, he added nearly 8.4 billion yuan of investment to various economies in the system. The capital recovery period is 5 to 8 years, which can almost cushion part of the impact of the world economic crisis. At the same time, the recovered capital can continue to be applied to the new round of general rules. Model infrastructure construction and industrial and agricultural construction are used to subsidize more dangerous industries.

Therefore, it is most appropriate to suddenly increase macroeconomic promotion in 1923.

(to be continued)