Chapter 1080 - Another Possibility (1/2)

As the heart of the European Union, the victory of the Frankberg Revolution inspired the European people amid the turmoil.

The collapse of the Rothschild Empire accelerated the move of European countries “to return left.” People began to reflect on whether the choices made two years ago were correct, and whether those right-wing parties really took their country in a better direction.

Contrary to the turbulent Europe, the Asian economy on the other side of the globe was steadily rising.

Especially in the country situated in the vast western Pacific Ocean, GDP was rising as fast as the space elevator.

On June 10th, the delegation of the Nippon government visited Coro City and brought the Central Power Company and the Yoto Power Company for an agreement to expand electricity imports. This would increase the total import power in the second half of the year by 31% to replace two nuclear power plants that were shut down.

At present, the mining speed of tritium-3 in Lunar City was far greater than the consumption rate. The second nuclear fusion power station was also about to be completed with a considerable surplus in electricity generation. Jiang Chen welcomed these agreements with open arms.

Not only Nippon, but the most prosperous market in Hua also loosened their grip on policies and sent many power companies to delegate. As the world’s number one electricity consumer, Hua’s electricity consumption was larger than the second place and third place combined.

Even if Hua eliminated half of the thermal power, Celestial Trade would make more than a fortune.

As of early June, the Global Grid Plan completed the most critical first step. Thanks to the efforts of many parties, the cables of Celestial Trade successfully covered 80% of Australia and Asia, and the output of electricity accounted for 88% of the total domestic electricity production.

Benefiting from the dividends brought in by cheap electricity, according to the proportion of total electricity consumption in the country, the Global Grid Plan decreased industrial cost by the highest of 1.7% and the lowest of 0.3% for participating countries. The decrease of two percentage points, projected onto the trillion-dollar GDP, brought unimaginable savings!

The benefits to the environment, the investment environment, the competitiveness of export products, the promotion of electrification, and the decrease in reliance on the energy market were not quantifiable. In short, the governments that tasted these benefits have also released positive signals and sent their own companies to negotiate with Xin on increasing electricity imports.

The New York Times even claimed that Xin has become a country on the electricity pole. The Washington Post posted a satirical cartoon that illustrated countless dog chains sticking out from the Western Pacific, leashing the surrounding countries.

Regardless of how the media reported it, the countries that bought tickets to board the train are already for the electrification process, and they had no intention to jump out. The series of grids not only generated Jiang Chen a continuous stream of cash but also allowed him to create diplomatic capital.

The reason why the US dollar could rule the global market for more than half a century was any country’s industrialization process depended on oil. The dollar also happened to be linked to oil. If the domestic production of crude could not meet demand, then a foreign exchange reserve would be needed to avoid fluctuations in the US dollar.

The same was true now. Asian countries were increasing their holdings of the New Xin dollar.

When the rise and fall of the New Xin dollar could affect the cost of electricity in many countries, even if Coro was not the world’s financial center, the Xin Reserve could begin to challenge the dollar’s hegemony.

There was nothing to do with finance, just influence.

…

Five days before the Outer Space Security Summit, Jiang Chen sent invitations to ten major countries around the world. He implicitly mentioned in the invitation that the topics discussed would be related to an extraterrestrial civilization.

So far, the ten countries that received the invitation letter have indicated that they planned to send senior foreign ministers to attend the meeting.

For Jiang Chen, the evidence presented at the meeting was now his focus.