C1717 Picking out Letian Firm s (1/2)

It was hard to imagine how important the Letian Firm was to the Chinese merchants. When the foreign banks left all direct business, that was to say, when they stopped buying and selling, he became a huge organization that provided services, platforms, and financial support.

The ignorant Chinese businessmen were completely ignorant of the outside world. They wanted to communicate with the outside world, but because they had shut down their country for too long, most people did not know what the outside world was like.

How to deal with the colonial governor? How can taxes not be cheated? Where are the pirates on the Merchant Road? Where did the swindler come from? What about the taboos that include the peoples?

What difference did European countries have in their preferences when the same ship of porcelain was sent to London and Paris?

These were all problems, and they needed answers from the Letian Firm. They could even request help from the foreign banks to solve them.

The consultation was obviously not free, and to solve the problem would require a huge sum of money, but compared to the Ocean trade's rich profits, this kind of fee was nothing.

Most importantly, among the rise of the Chinese people, the military rise and the victory of diplomacy were very important. There were many business disputes between Chinese officials and businessmen, especially the foundation led by the King Yi, which was a financial and diplomatic force respected by all the European countries.

It was not just the Chinese who needed the Letian Bank, but also the foreigners. The foreign merchants who had travelled thousands of miles to China wanted to get their hands on a ship's goods as soon as possible, and to get their hands on the highest quality goods. They needed a host to help them negotiate.

In the past, only a few foreign language -speaking brokers were able to do this kind of work, but their power was obviously weak. When the Letian Firm, the big service organization appeared, they were quickly wrapped up and turned into foreign salespeople.

When all foreign merchants came to China to do business, there was no one who did not deal with the Letian Firm. There were even some who said that once you offended the Letian Firm, you would not even be able to take away a tael of mud in China.

After a long time, the service industry grew in size. Soon after, the foreign banks began to divide up their businesses, and the financial market for exchange was stripped away as the Letian Bank appeared out of nowhere.

This further solidified the position of the business empire in the Shaw's. It could provide services, regulate disputes, and provide financial loans … The merchant did not like this kind of behemoth.

Right now, Xiao Letian had become the walking stick for the Chinese merchants. With just a few words, the old shopkeeper wanted to take down their trump card, isn't that the same as chopping off their walking stick? How could this work? Absolutely not!

At that moment, more than 60% of the people in the crowd were against this reckless act.

”No, we definitely won't accept it! The Prime Minister's life is in chaos. The establishment of the Foreign Bank and Bank of China has already become an integral part of the Chinese people.

”Absolutely not. Master, please speak plainly. Did the prime minister suffer some sort of pressure or setback? Tell us the inside story, we have nothing but money …”

”Yes!” Foreign banks and banks are not allowed to take their cards off the table. We won't accept it even if it costs us our lives! ”

This group of merchants were all loyal and devoted to Xiao Letian. It could be said that their business was done solely by the big tree Xiao Letian, if the big tree was going to fall, how could these monkeys not be worried.

Of course, there were a few who were more calm. They were not in a hurry to express their opinions, but rather frowned and said, ”Everyone, don't be in a hurry to say something. I think we should ask the prime minister to come back and talk about this. There must be a reason behind it …”