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Chapter 534 Economic Crisis

Chinese ships, destroyers and submarines, these popular ship types in the world today are all innovations by the Warship Design Bureau or Fang Xiaoyu. Then the biggest innovation of the Warship Design Bureau is amphibious hulls, including flat-bottomed landing crafts and chariot landing ships. These two hulls completely subvert the naval combat mode and combine naval combat with land warfare. The emergence of a comprehensive supply ship has unified a series of supply ships such as coal-water ships, material supply ships, ammunition supply ships onto one ship, greatly accelerating the supply speed of warships and making the fleet's long-distance voyage much easier.

This time, the Warship Design Bureau took action again and designed several new warships for the Imperial Chinese Navy to avoid the restrictions of the Roman Convention. The first warship is the Yushan-class dock landing ship with a wide deck at the rear.

The dock landing ship is a warship that can carry amphibious landing ships, amphibious combat vehicles and hovercraft. Its cabin is semi-draft to facilitate the entry and exit of amphibious landing ships, amphibious combat vehicles and hovercraft, just like a dock, and its rear deck can be docked with a large number of helicopters. These helicopters unique to the Chinese Empire have more widespread uses.

There are two types of helicopters carried by the dock landing ship. The first is the 22-meter-long Wasp-type medium-sized anti-submarine multi-purpose helicopter that has begun to be equipped with. The maximum flat flight speed of this helicopter can reach 267 kilometers per hour and a maximum range of 300 kilometers. It is equipped with anti-submarine radar, sonar buoys and deep-water bombs. Its detection distance for submarines is several times larger than that of a simple destroyer anti-submarine. Moreover, because there is no noise interference from the propeller of the destroyer, its anti-submarine efficiency is higher and it is an absolute anti-submarine weapon.

The Hornet-type medium-sized anti-submarine multi-purpose helicopter is specially equipped for fleet anti-submarine and is not considered the regular equipment of the dock landing ship. The role of the twin-Hornet transport helicopters carried on the landing ship is obvious.

The twin-wasp transport helicopter equipped with two pairs of rows, reverse rotation, three-piece blade rotors, was designed to transport soldiers. This helicopter similar to a large bus has an internal payload of 6,512 kilograms and a maximum level flight speed of 280 kilometers per hour. It can transport 35 fully armed soldiers at a time and transport large-scale equipment such as artillery under the aircraft. It is the absolute main equipment for the air assault troops to transport troops.

The carrying of this transportation helicopter allows the dock landing ship to achieve vertical landing capabilities. It can completely ignore the terrain and log on any coastline. Originally, only 17% of the world's landing methods such as landing craft and hovercraft could log on. Now with the way of vertical landing, these coastlines that can log on have become 80%, which will greatly enhance the suddenness of the navy's amphibious landing.

It’s just a pity that the Yushan-class dock landing ship is mainly used for surface ship landing, and the helicopter hangar is not large. In addition, only the rear half of the hull is a flat deck, so the Yushan-class dock landing ship with a displacement of only 18,500 tons can only take off and land at the same time at a time, and at most four twin-Hornet helicopters, plus two Wasp anti-submarine helicopters, and their landing capacity is limited.

Originally, according to the concept of the Warship Design Bureau, the Imperial Navy should also build a 30,000-ton amphibious assault ship. This type of amphibious assault ship is specially used for vertical landing of helicopters. It transformed the warship more thoroughly. It not only has a large hangar, but also has a straight straight deck. Both take-off and landing efficiency and load capacity are greatly increased compared to the Yushan-class dock landing ship.

Unfortunately, the aircraft carrier stipulated in the Roman Convention is too similar to the amphibious assault ship. If this type of ship is built, it will easily cause misunderstandings and cause unnecessary international disputes. Therefore, Fang Ruijun temporarily stopped the construction plan of this warship and waited until the right time in the future.

Congress had no objection to the construction of these new warships, so a new round of naval expansion bill was quickly passed. Warships outside the restrictions of the treaty were built in large quantities, including twenty-five Yushan-class dock landing ships at a time, and fifty were added to Pinghu-class comprehensive supply ships with a displacement of 35,000 tons. In addition, auxiliary ships such as chariot landing ships, submarine rescue ships, medical ships, and material transport ships have also begun to be built in large quantities.

In the air force, Fang Ruijun secretly ordered various aircraft manufacturers to start manufacturing large quantities of Jinhuang 4 jet fighters and Kunpeng 3 jet bombers. These two aircraft are currently manufactured for inventory and are not equipped with troops in case they can be quickly replaced during emergency periods. The air force of the National Defense Forces has also begun to train in inland areas in batches, and the Guards Air Force teaches them various techniques for flying jets, so as not to wait until the aircraft is replaced but no one can fly them.

The same is true for the army. Although the army did not change the gear in order to avoid stimulating other countries, a batch of high-tech equipment such as the new Grizzly Type 3 tank and the Brutal Bear 2 series of self-propelled artillery have also begun to be stocked to expand the national strategic arsenal.

Fang Ruijun expanded his arms to prevent wars that might break out after the economic crisis. The reason why he dared to predict the outbreak of the economic crisis when finance began to stabilize was because he still had an ace in his hand, and this ace was also the reason why he was so confident that the economic crisis would come after countries stopped switching financial markets one after another.

At this time, all countries closed their foreign exchange markets and currency exchange could not continue. Therefore, the Huayuan, which has always maintained the gold standard, became a new international common currency and was used as the only designated currency for foreign exchange settlement. However, governments of various countries did not expect that completely shutting down the financial market could not stop Fang Ruijun's economic attack, because the Chinese Empire had always had a very powerful weapon, that is, food.

As early as the Chinese ruler's era, Fang Xiaoyu earned a large amount of funds and interests by relying on a food crisis that affected the world. This directly provided a large amount of funds for the Chinese ruler, which accelerated the rise of the Chinese ruler for several years. However, since that time, the Chinese Empire rarely used food to attack enemy countries, but has always sold food to the world at a parity, which made the major powers that have always been industrial-centered relax their vigilance.

After increasing the efforts to support their own agriculture, countries relaxed their vigilance on agriculture, but the Chinese Empire did not relax. They have always used their agricultural products to impact the grain markets of various countries. Because the Chinese Empire's low food costs, high output, good quality, and sufficient supply, the agriculture of various countries has suffered a significant blow, but because all countries use national finances to subsidize, the agricultural output value and farming area have not shrunk seriously.

Governments of various countries have also noticed this situation. They could have relied on government funds to increase investment to support their own agriculture, but that would occupy a large amount of government finance. Compared with the policy of supporting industries, such as this is not cost-effective. In addition, the Chinese Empire has been supplying food at a fair price, so governments of various countries relaxed their vigilance after making some strategic grain reserves and only provided some support for their own agriculture.

By 919, the population of countries around the world had exceeded 3 billion, and although the grain output of countries except NATO was slow to shrink, it was less than 70% of the same as that of twenty years ago. In this case, in the summer harvest season in June 919, the Chinese Empire suddenly announced that it would increase the price of grain sales.

Just as countries were working hard to adjust their economies and stabilize prices, Fang Ruijun began to attack. Using the excuse of reducing grain production, Fang Ruijun raised the main grain prices ten times in one breath. At the same time, he also said that for the stable development of his country's economy, the Chinese Empire restricted grain exports and began to impose a 60% restricted export tariff, while the entry of grain was cancelled. This news caused an uproar in the world.

NATO has always been the world's granary. Their annual output of grain accounts for more than 90% of the world's total. This time, NATO's sudden move to give up has made the whole world unlucky. Since the last food shortage, countries have established food reserve mechanisms, but with the advent of the world war, and the Chinese Empire has always sold grain at a fair price for many years, governments of various countries have gradually relaxed their vigilance.

Grain reserves are already relatively capital-occupying. In a period of lack of funds and the economy is in rapid development, the behavior of capital-occupying food reserves has naturally been gradually reduced. Therefore, when the Chinese Empire began to restrict food exports, governments of various countries suddenly found that their strategic food reserves could not last long.

Prices in various countries are already very high. Although the financial markets of various countries have been stopped, the harm of the bubble economy is already on the verge of breaking out. Fang Ruijun used food issues to suppress various countries at this time, and it undoubtedly became the last straw that broke the camel's back.

The shutdown of the financial market, inflation that the country cannot stop, and the sudden rise in food prices have driven the overall price. Prices that have just begun to ease due to the country's economic austerity policy have surged again, and the financial austerity policies that have begun by various countries have become their death talisman.

Prices began to rise uncontrollably, but people's purchasing power was greatly reduced, which directly caused another economic crisis. The domestic economy declined sharply, frightening the Boston government. The Boston think tank immediately proposed to pass the economic crisis through the Boston dollar's world currency status. So the Boston Empire's money printing machine rumbled again, printing money with all its might. Unfortunately, they did not expect that although the world currency could tie the world economy to its own chariot, they were also easily sent to hell by the world economy.

While the Boston Empire was printing money crazily and passing economic losses to the countries of the Allied Powers, the Yaman Empire and other major Allied Powers had no choice but to announce the increase in tariffs and rely on increasing the exploitation of colonies to overcome the crisis. For the colonial exploitation policy of several major countries of the Allied Powers, it would be a big problem if the colonies lost several countries.
Chapter completed!
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