Ufo propu engine, closed loop

[ltseung888]

The one-belt-one-road conference in China will start on May 14, 2017.

Some of my proposals are:

1. Divide the Projects into long term and short term. The long term ones with no immediate returns will be funded by Governments. The short term ones will be funded mainly by the private sector.

For example, dams, roads, bridges or high speed rails may take many years and may not make a profit. Let Governments print thin-air money to cater for such projects. Short term projects such as building hotels, residential buildings, shopping centers, entertainment centers can be left to the private sector.


However, some innovative ideas should be discussed. For example, the new Special Economic Zones may solve the traffic problems with North-South traffic in one elevated level and East-West traffic in another level. The heavy cargo traffic can use ground level with the traditional traffic lights etc. The stations can be integrated into the buildings...

[ltseung888]

The one-belt-one-road conference in China will start on May 14, 2017.

Some of my proposals are:

2. Introduce relationship selling. Do not go for lowest cost producer scenario. Encourage the local populations to master technology, technology and technology. Help them to develop infrastructures and industries. Do not just build for them. Let them do much of the work.

This is an important step in helping a poorer Nation to develop. It is like helping the restaurant of a relative. The food and service of the restaurant may not be good. But one still dine in the restaurant to support the relative. One may give suggestions for improvement. One may put in additional investment. One may recommend chefs. One may suggest special dishes. But the actual dining in the restaurant is the key. Let the relative earn money while he improves the restaurant.

An example of relationship selling is to buy clothes from Nation B at a generous price. The style and brand have abstract value. The cost of the cloth and the cutting may cost X dollars. The style and brand may be worth many times X. (I have clothes costing less than HK$30 and also clothes costing more than HK$1,000. I also have clothes that I seldom wear.)


In relationship selling, Nation A deliberately let Nation B make money to develop its capability. At the same time, help Nation B to learn the technology, technology and technology. Get Nation B to use the best machines, the best production methods and best management. Go to the extreme of buying some as gifts to senior citizens? Introduce the Super Silicon Valley Mentality – everything is third class, you should turn it to second or first class.

This is best done in a bilateral arrangement.

[ltseung888]

The one-belt-one-road conference in China will start on May 14, 2017.

Some of my proposals are:

3. Do not just sell Chinese Goods. Use Mutual Credits to build win-win scenarios. Tourism is definitely a good win-win scenario. The technique of rewarding Officials generously if they can help the population to get wealthy should be promoted.

One criticism in the present setup is that many Nations found their local manufacturing industries were no match against the cheap and better quality Chinese goods. Many local jobs were lost. The one-belt-one-road was not win-win but win-lose. The Mutual Credit agreements can be set up with State and Private involvement to overcome that.

For example Nation A and Nation B enter into a Mutual Credit agreement. The richer Nation A provides X dollars of its currency to Nation B so that Nation B can develop Infrastructures with help from the Companies of Nation A without incurring any debt. Nation A receives the equivalent amount of X in the currency of Nation B. Nation A can be generous in relationship selling. Nation A can invest heavily in the special economic zones of Nation B.

The setup requires much Government and Private interaction. Normally, Government Officials have the tendency of - "do more may make more mistakes; do less may make less mistakes; do nothing makes no mistakes". The Chinese Model of encouraging some Officials to become rich as examples to the villagers in his area should be considered...

[ltseung888]

The one-belt-one-road conference in China will start on May 14, 2017.

Some of my proposals are:

4. Set up the Public Investor Mechanism in China and elsewhere with emphasis on helping the economy of one-belt-one-road nations.

With State Planning and Control, many opportunities will be overlooked. For example, a village may be producing oranges but not grapefruits. State Planners are likely to treat the village as orange producer only as that is easier to manage. Opportunity to produce grapefruits may be overlooked.


With Public Investors helping to spot entrepreneurs and opportunities, much more Meaningful Economic Activities can be generated. Not only the wealthy can participate in the investing but those eager to seek opportunities will get involved. With remote monitoring of model farms, restaurant franchises, retail stores, factories etc, successes in one district can be quickly copied. There will be no lack of investment for worthwhile projects.

[ltseung888]

Relationship Selling

 
This is an important step in helping a poorer Nation to develop. It is like helping the restaurant of a relative. The food and service of the restaurant may not be good. But one still dine in the restaurant to support the relative. One may give suggestions for improvement. One may put in additional investment. One may recommend chefs. One may suggest special dishes. But the actual dining in the restaurant is the key. Let the relative earn money while he improves the restaurant.

An example of relationship selling is to buy clothes from Nation B at a generous price. The style and brand have abstract value. The cost of the cloth and the cutting may cost X dollars. The style and brand may be worth many times X. (I have clothes costing less than HK$30 and also clothes costing more than HK$1,000. I also have clothes that I seldom wear.)


In relationship selling, Nation A deliberately let Nation B make money to develop its capability. At the same time, help Nation B to learn the technology, technology and technology. Get Nation B to use the best machines, the best production methods and best management. Go to the extreme of buying some as gifts to senior citizens? Introduce the Super Silicon Valley Mentality – everything is third class, you should turn it to second or first class.

This is best done in a bilateral arrangement.

Comment:
Relationship selling is not fair trade. If Nation A can produce steel cheaper than Nation B, the logical way if for Nation C to buy from Nation A. With relationship selling, Nation C may buy from Nation B instead. It destroys the incentive to be the most efficient, the most cost effective producer. The World will plunge into chaos.

Reply to comments:

Any concept carried to its extreme will have bad effects. The main goal of Relationship Selling is to help a poorer Nation develop faster. It is given a hand in developing an industry it desires. If it feels that producing steel is important for its future, a friendly Nation can buy some of its steel at a higher than Market price. The concept of "cut-throat" to be the lowest cost producer has been carried too far. China benefited from the increased Meaningful Economic Activity. In some fields, it is becoming the monopoly. That hinders the development of other Nations in these fields. Appropriate Relationship Selling is a solution.