Rebirth: Super Banking System Chapter 2488 - 2326: Benefiting the Nation and the People

Following Ling's observation.

A massive influx of risk-averse capital began migrating toward Myanmar, effectively funneling into the Asia Dollar. In the estimation of numerous financial institutions, a five percent return is merely the beginning, not the ceiling of their potential gains.

Currently.

The global economic turmoil has yet to fully subside.

The Dollar.

The Euro.

The Yen.

...These currencies all face the looming risk of depreciation. With market fluctuations, the final spread might not stop at five percent. It could easily reach eight or even ten percent.

Consequently.

Five percent.

That serves as the floor of their guaranteed profit.

Anything beyond that.

Represents an unexpected windfall.

At this pace.

Merely by converting to the Asia Dollar, many expect to hit their annual performance benchmarks. With a bit of strategic maneuvering, those targets could even be exceeded. It is an incredibly rewarding situation.

Such immense generosity!

...At this juncture.

Within Huaxia.

The Central Bank opted not to impose new restrictions on the significant outflow of capital heading to Myanmar. This is because these outbound funds are subject to strict regulations.

Previously.

When establishing these accounts.

Annual outbound transaction limits were set for every account, keeping overall systemic risk firmly under control. Once that allocated capital flows out, it is gone, and there is no cause for alarm.

On the surface.

These funds have left the country.

By the end of the year.

When the capital returns, it must bring with it a gain of at least five percent.

However.

The Central Bank’s ledger operates differently. The departure of these funds represents a consumption of the Asia Dollar reserves held by the Huaxia Central Bank. Come year-end.

It balances out by consuming the RMB held within Myanmar.

It is a two-way cycle.

Returning home.

Viewed through a wider lens, Huaxia is not suffering a loss. True losses occur only when capital exits and fails to return—a classic net outflow. Since Myanmar stock accounts cannot be utilized for direct consumption, the liquidity remains trapped in a closed loop.

Therefore.

Ultimately, the money must return; the capital is perpetually circulating within the pool. As long as the Myanmar stock market avoids a collapse or any drastic devaluation, the Central Bank remains unbothered.

...The 12th.

Morning.

Thrilling news arrived from Beijing.

Suddenly.

Countless citizens were energized.

"It is finally moving forward."

"Indeed!"

"I heard whispers of this project last year, but it seemed tied up in assessments and documentation. I never expected it to break ground so early this year."

"A boon for both the nation and its citizens!"

"Such genuine kindness."

"With this, the perennial curse of flooding may finally be buried."

"Is it actually functional?"

This doubt from the uninformed masses immediately ignited a heated debate.

"Have you been living without internet access?"

"How could it fail? Myanmar has already verified through mature, real-world application that this strategy works; they are effectively free from flood anxiety now."

"Ever since the year before last, Myanmar—a land that suffered annual flood devastation—has seen no major economic losses or casualties. Does that success speak for itself?"

"Even the rare torrential rains that occur once in a century haven't managed to compromise Myanmar’s flood control systems."

"..."

A lesson provided.

Previously.

Many online creators, while livestreaming from Myanmar, frequently showcased the local hydropower infrastructure. Consequently, the public had become quite familiar with the successful reality on the ground.

People had grown somewhat envious.

Therefore.

Learning that Huaxia intended to emulate these methods brought widespread joy.

Upon examination.

It appeared the core strategy was a faithful adaptation.

...Firstly.

River restoration.

Existing dried-up, obstructed, or encroached-upon riverbeds are being fully restored. Beyond simple restoration, they are being widened significantly.

And deepened as well.

Secondly.

The excavation of new waterways.

New routes are being constructed to transform certain landscapes, expanding the capacity of the secondary diversion network and curbing flood-related destruction.

Thirdly.

Most importantly.

The surrounding reservoirs.

Low-lying zones serve as 'storage hubs' for diversion channels, funneling excess water away from main rivers during the rainy season via these smaller grids.

A three-pronged strategy.

Most typical rainstorms will now have minimal impact.

...Once the official order descended.

Swiftly.

Work crews deployed to various villages. Given that most inspections occurred over the preceding six months, the comprehensive plans were already primed, eliminating the need for further geographical surveying.

Only local implementation remained.

In the South.

A certain village.

"Have you heard the news? They are restoring the river path in our village."

"Is that true?"

"Absolutely. The village head just returned from a township meeting. My son works at the township office, and he confirmed they are going to restore and expand it."

"Does that mean they'll be seizing our land?"

A villager asked, visibly alarmed.

Hearing this.

The villager scoffed.

"Pah!"

"The river was stolen from the state to begin with, and now it's merely being reclaimed. Don’t fret; the government will provide compensation. Besides, there is plenty of unused dirt in the village these days."

"That’s a fair point."

"..."

The villagers talked fervently. Their local river channel had been choked off for decades after an upstream landslide diverted the tributary's course.

Consequently.

The original riverbed was converted into farmland and partitioned among the villagers. Compensation would be provided for the land claims, though those who illegally occupied the original water route would receive nothing.

Soon enough.

The village chief returned and played a ten-minute policy guide, clarifying the importance of the project in great detail.

After listening.

Hardly a complaint was voiced.

Opposition?

None existed.

If someone wanted to build a factory for profit, there might be dissent. But this initiative was the state working to eradicate flood risks—how could anyone reasonably object?

"Do we need to dig it extra deep?"

"Unnecessary."

The village head gestured dismissively.

"We are primarily widening the banks. The diversion routes are designed for flow and safety, so depth is secondary. We will only deepen certain uninhabited stretches."

"An average depth of one meter."

The water network is dense, spanning beyond just their single stream. In fact, a brand-new water route would be created where none had previously existed.

Therefore.

Deep digging wasn't required. They had to consider the safety of village children potentially swimming in the water; a one-meter depth was safe enough for everyone but the very smallest.

No significant problems.

Of course, for absolute prevention of all accidents, they might eventually choose to cover the waterways.

...Currently.

Ten miles from their village.

A massive valley.

Central.

"Has everyone cleared out?"

"Yes."

The village head addressed the residents of the vast valley, "This terrain is low-lying, stretching sixteen kilometers in length, and its depth is ideal for our needs."

"It serves as a junction for several other large valleys."

"The total flood storage capacity is projected to hit several hundred million cubic meters."

"Therefore."

"Just like your village, the three hundred households here must relocate so this area can function as a flood storage node," the village head explained.

"Rest assured."

"Compensation will be generous, and land grants will be provided." In truth, displacing large populations in such valleys is rare; remote zones are usually prioritized.

"..."

After listening.

The villager drew a long breath of his cigarette, cast a final glance at the home of his ancestors, and exhaled with a sigh. Rumors of this had circulated for some time, ever since the land surveyors had arrived.

He had known bits of the situation ahead of time.

Now.

The speculation had become irreversible reality.

"Very well!"

"I will pack up and go."

He hesitated no longer. This mission was for the greater good of national flood prevention, not some petty land grab. Though he lacked formal education, he fully understood that this was beneficial for the country and its people.