Chapter 39 Admitting defeat(2/2)
The Korean government had no choice but to stand up and issue a statement stating that the aircraft carrier Excellence and the items on the carrier belonged to the Royal Navy of the Republic of China and were the property of the Republic of China.
The mainland has no right to salvage or possess it. Please stop the salvage plan immediately.
At the same time, the ROK admitted that they had taken away Hong Kong Island’s foreign exchange and gold reserves.
However, the Republic of China did this entirely for the sake of Hong Kong Island's financial security. It would be safer to put foreign exchange and gold reserves in the Republic of China's treasury.
In the statement, the Republic of China hinted that if they did not take away the foreign exchange and gold, then the mainland would attack the Hong Kong Island treasury after 1997.
For the financial security of Hong Kong Island, the Republic of China had to take such extraordinary measures.
The ROK government stated that these foreign exchange and gold clearly belong to Hong Kong Island. If Hong Kong Island uses these foreign exchange and gold when necessary, the ROK government will return them at the appropriate time.
There was an uproar on Hong Kong Island. The citizens were filled with indignation and took to the streets again to besiege the Government House and demand the immediate return of foreign exchange and gold.
The mainland was more direct in its response to the ROK government's statement, announcing to the world that in order to maintain the financial security of Hong Kong Island, it would loan out US$20 billion in foreign exchange reserves from the national treasury to Hong Kong Island.
After the announcement, the first batch of US$5 billion passed through customs and arrived directly on Hong Kong Island.
And in front of the world's media cameras, piles of banknotes were transported into the vault of the Hong Kong Island Branch of China National Bank.
The mainland also stated that before 1997, they would spend US$5 billion per year, totaling US$40 billion, to support Hong Kong Island in stabilizing its exchange rate.
In a thousand words, I will protect my financial security in Hong Kong.
Faced with this situation, the Republic of Korea also stepped forward urgently, saying that the Republic of Korea will also make every effort to maintain the stability of the exchange rate of Hong Kong Island.
Faced with the speech of the ROK government, the citizens of Hong Kong responded enthusiastically - I'm sorry for you, mother.
Anyway, the country's face has been completely lost, and the citizens of Hong Kong Island all think it is farting.
After this wave of operations, Gui Lao was completely alienated.
The local wealthy and ordinary citizens of Hong Kong Island hate the Republic of China extremely much. The support rate of the Governor's Office has been close to below 10%, and the centrists have completely begun to shift towards the mainland.
In the end, the Republic of China signed an agreement with the mainland, promising to return the foreign exchange and gold reserves shipped away in installments before 1997. The mainland announced that it had given up its plan to salvage the aircraft carrier and agreed that the Republic of Korea would salvage it on its own.
However, the Korean people's salvage plan has not gone smoothly. They spent more than one billion US dollars and only completed the preliminary exploration plan in 2000. The results of the exploration almost made the Korean government vomit blood. No foreign exchange or gold was found on the aircraft carrier wreckage.
Change source pp]
Chapter completed!