Yes, Prime Minister of Japan

"Gulp, let me go~"

Li Daiyao giggled mischievously:

"Nobody's getting away! This is a room you can't leave unless you get pregnant! Come on, sweetie, eat this pregnancy-boosting aid."

As for Li Xinghe, he was speechless, surrounded by Zhao Lieshu and Ju Yan's younger sister. Amidst the astonished observation of Olympia, he was continuously receiving fertility essence. After all, he had promised the South Korean generals that he had impregnated Zhao Lieshu.

This was caused by Cao Pi's long-term influence.

……

Li Xinghe, who was deeply infatuated with Cao Pi at night, naturally made up some makeup during the day and arrived at the new negotiation venue in Yeouido looking full of energy.

After resolving the political unrest in South Korea, the G7 summit became more confident and willing to move forward.

Therefore, the alliance's cultural guidelines were announced to the public in the morning:

"Our culture is based on the convergence of three civilizations. First, it is based on the Confucian Chinese character civilization of East Asia. We advocate the civilization and morality represented by the Four Books and Five Classics and pursue the power of peace and benevolence. This is a common culture among China, Japan, Korea, Singapore, and many Southeast Asian Chinese communities. Second, it is based on the Austronesian civilization that originated in the southeastern coastal areas of China, including many islands, countries, and ethnic groups in Southeast Asia and the Pacific. Finally, it is based on the British immigrant countries represented by Australia and New Zealand. We are immigrants, but we also reconcile and integrate with the local indigenous peoples."

It's said to be three types, but it's actually just two circles: Chinese characters and English words.

When discussing East Asian Confucian civilization, it's difficult to grasp the idea that the origins of Japanese Bushido militarism lie in the Neo-Confucianism of Zhu Xi, brought to Japan by Zhu Shunshui, rather than in native Japanese culture. Therefore, Li Xinghe deliberately urges Japanese cultural scholars to study Bushido militarism and Zhu Xi's Neo-Confucianism separately, emphasizing the distinction between them.

Fans' behavior should not be attributed to their idols.

In addition, trade, administration, and currency information are also being released sequentially:

“We will establish a government cooperation agency specifically for rapid cooperation, liaison, and decision-making among governments.”

"We want to establish an international bank specifically for managing international trade settlements, sharing the same settlement team as the previous CPTPP International Clearing Bank. This is the Asia-Pacific Central Bank."

"The Asia-Pacific trade accounting currency is the Asia-Pacific stable dollar."

The accounting currency used for trade settlement is naturally the same as the stablecoin used for previous CPTPP settlements; it's just a different name for the same product.

The Asia-Pacific Stable Dollar is arguably a significant indicator of the G7's move towards becoming more like the European Union.

Of course, to put it bluntly, Li Xinghe was actually freezing the huge debts left by the Japanese and South Korean governments in the past by creating new currencies.

As the meeting gradually released many framework negotiation results, it was time to formally announce the conclusion in the afternoon.

Surrounded by numerous reporters, Li Xinghe and Olympia took their seats at the very top of the venue.

Lady Olympia, who holds the title of 'Baroness Churchill', smiled dignifiedly and held up a classic East Asian-style wooden frame, revealing a Chinese name and an English name written vertically inside.

"Our official name for cooperation is the Asia-Pacific Consortium. The Asia-Pacific Consortium has its own joint army, headquartered in Singapore Special Economic Zone. The intergovernmental cooperation liaison offices of the participating countries are located in the Imperial Palace Gardens, south wing of the Imperial Palace in Tokyo. In the near future, we will also use the same passports, gradually unify laws and regulations, and gradually merge into a unified large economic market."

The flag of the Asia-Pacific Alliance features a red pattern with East Asia, the Pacific Ocean, and Australia as its base, surrounded by rice and wheat, and the Big Dipper in the center.

There are initial government cooperation agencies of the coalition government, as well as coalition forces that have already been put into operation.

Furthermore, this alliance also has a royal family as its core stabilizer and a stylish fashion item.

Duchess Olympia winked at the media and pointed to Li Xinghe beside her, saying:

"The main royal families in this alliance are the Japanese Imperial Family, the Korean Imperial Family, and the Australian and New Zealand Imperial Families."

Although they are said to be three royal families, they are actually all of Li Xinghe's genes, so in reality, it is Li Xinghe's personal rule.

Then she announced again:

"The first chairman of the Asia-Pacific Alliance was Li Xinghe."

Li Xinghe stood up to salute.

"The first Chief of the Military of the Asia-Pacific Joint Force was a minor figure who is still in the Southern Command at the time."

Zhang Xiaoqian was still busy with things in Indonesia in Southeast Asia, so he didn't come in person.

"The first Secretary General of the Asia-Pacific Consortium was Tulsi Gabad of Samoa."

Tulsi Gabbard stood up to greet the crowd. However, she also knew that her main responsibility was handling non-core daily tasks, so she had a clear understanding of her role.

With the display of the flag and the release of the alliance's program document, the Asia-Pacific Consortium has gradually come into the world's view.

Thus, a vast island alliance spanning thousands of miles of ocean, stretching from the Bering Strait in the north to Tasmania and Antarctica in the south, from Aceh and Medan in the west to American Samoa in the east, gradually took shape. The Japanese archipelago, the Ryukyu Islands, Taiwan, Singapore, the Riau and Bangka Belitung Islands, Borneo, Papua, the Australian and New Zealand archipelagos, and countless other islands, along with half of the Korean Peninsula and one side of the Mekong Delta, were integrated into a unified whole.

Hundreds of attendees stood up and applauded, celebrating Li Xinghe's latest victory.

Even those who dislike Li Xinghe the most have to admit that he is a model of winning without losing his composure on the diplomatic battlefield.

British Fleet Street media outlets are re-examining this young East Asian man with considerable unease:

"He's like a giant octopus in the ocean, using countless tentacles to bind all the creatures around him, forming his own biological warship. Or he's like an eight-legged spider weaving a giant web behind the scenes, waiting to hunt down foolish enemies. Whether it's the CP/TPP organization extending its tentacles to the eastern shore of the Pacific, the Asia-Pacific Consortium sailing through Southeast Asia and the Pacific, or the Northeast Asia Free Trade Area consolidating his rear, all are steadily progressing. It's hard to imagine that he could be constantly embroiled in vulgar crotch scandals while his mind is filled with fantastical ideas for building a new world order."

American media outlets such as The Washington Post, however, portrayed it as hostile and threatening:

"With the Pacific coast as the landing point of the spider web, the Pacific island nations as the nodes of the spider web, aircraft carriers and aircraft battleships as the shuttles for weaving the spider web, industrial products from East Asian countries as the raw materials for the spider web, and the Japanese yen as the lubricant for the spider web, what a vast maritime empire this is."

Using a nickname commonly used by Europeans, he is known as Li Xinghe, the Eight-Clawed Spider.

The "eight-legged spider" is a nickname that has existed in Europe since the Middle Ages, specifically used to refer to powerful figures who are adept at intrigue and behind-the-scenes collaboration. For example, Michael VIII of the Byzantine Empire.

The good news is that no country has formed an alliance against Li Xinghe.

Both the Japanese and Koreans have praised it highly.

……

The bad news is that India, like a leech, is trying to get in again, jumping around outside saying that it also wants to join the Asia-Pacific alliance and that its market can be opened up to the alliance.

They even suggested changing the Asia-Pacific region to the Indo-Pacific region, so that India could also join and sit at the head table.

India……

As a powerful world nation with a nominal GDP that is constantly vying with Germany and Japan for the third position in the world, the Bharat Empire wants to stand up straight again and still wants to freeload.

Duchess Olympia, stepping on Li Xinghe's calf, explained to him why India had always wanted to infiltrate the region:

"With the dollar depreciating, India's international payment capacity has almost collapsed."

"Just like Russia, which sells resources everywhere, India now only has people to sell."

Previously, India relied on remittances from overseas Chinese and US dollars obtained through telegraphic transfers to support its foreign exchange reserves. Now, with the depreciation of the US dollar, the payment power of foreign exchange has been significantly reduced. What used to be a problem that could be solved with one dollar now requires two dollars to fill the gap. The Indian rupee is worthless and nobody wants it, so they genuinely want to squeeze in and survive by selling people.

This time, India is truly finished.

Their finances are on the verge of collapse. Their international settlement capacity is almost zero, their foreign exchange reserves are virtually depleted, and the massive unemployment caused by the economic crisis has led to a proliferation of Maoist guerrilla groups in the cities. They are currently relying entirely on the continuous over-issuance of Indian rupees to prolong their existence.

With the continuous depreciation of the Indian rupee, the already meager assets of Indian citizens have been systematically devalued and exploited, further worsening the economic situation.

"Those who know about India's economy understand it. I will absolutely not let India in."

Li Xinghe buried his face in Duchess Olympia's eyes, lost in thought.

The entire system relies on Modi's masterful manipulation of data, constantly inflating India's economic growth figures through falsified calculations. The hope is that this artificially inflated prosperity will attract international capital and drive away actual growth. Once international capital arrives, before India's industries have even developed, it preemptively fleeces the investors, using pretexts such as "anti-colonialism" and "defending Indian independence" to drive them away.

A few years later, India found its economy faltering again, and Trump, along with the US, was targeting it. So India hastily tried to loosen investment restrictions again, hoping to continue exploiting its investors. However, international capital wasn't fooled. Instead, India's radical war elephants, seeing this, angrily accused Modi and Jaishankar of treason online, calling Modi and his friends international compradors, and the Modi government a puppet of country X, among other things.

It just won't work. India is invincible in the world, and netizens won't accept this kind of kneeling before foreigners.

As a result, India's continued efforts to attract international investment not only failed, but also became a laughing stock.

Even today, India's industrial sector remains very weak, accounting for a much smaller proportion of the national economy than the service sector and agriculture.

Although India actually wants to follow the development path of chaebol capitalism like that of Park Chung-hee and Chun Doo-hwan, the problem is that even Park, Chun, and Roh were able to correctly formulate and resolutely implement their economic policies before the chaebols stepped in to take over.

The current situation of Indian tycoons is that they keep taking away the better parts of India's state-owned and foreign-invested economy from Modi, packing them up and eating them up themselves, without showing any signs of constructive policies.

"Well... oh, there's new information. The Australian ambassador to India is negotiating with the Indian team. Look, they've sent back a new version of events from the Indians."

While trying to infiltrate the Asia-Pacific alliance, India is also creating public opinion domestically, accusing Li Xinghe: "How could you support Muslim extremism? (referring to the Aceh Islamic State independence movement)."

India probably thinks that creating virtual cards can deter Li Xinghe, who wants to gain access to the Indian market.

But Li Xinghe doesn't make money from India.

He slammed his hand on the table, getting angry:

"Huh? Why don't you go to the hospital to get checked out? Is there something wrong with the Indian's brain? Tell the Indian that if he keeps causing trouble, he'll have to pay back the money."

The Australian ambassador, responding to Li Xinghe's anger, informed the Indian team:

"If India attempts to force us to make concessions through accusations and labeling, Japan will consider a complete withdrawal from its aid and investment in India. We will formally request India to return the total of approximately 7.2 trillion yen in investments made over the years, as well as the total of approximately 4.5 trillion yen in economic investments from various investment groups. Japan will completely withdraw from the Indian market."

Even if Li Xinghe dares to withdraw from the Indian market, Suzuki Motors will suffer a severe blow as a result.

This represents a cumulative investment of approximately 12 trillion yen. Back then, Japan poured a lot of real money into trying to win over India, which was in dire need of support.

As a result, India said it was only willing to return half.

The shameless response from Indians:

"We can repay the government investment portion first. After deducting the punitive penalties for extortionate and unreasonable demands for early repayment, deducting tax rate losses, and deducting the tax payments from failed projects, we can repay $30 billion upfront. Given our current financial difficulties, we can only repay a maximum of $300 billion annually over 10 years, interest-free."

That's not even half of what it is. How much will the dollar depreciate in 30 years? Are you thinking of shorting it yet...?

India believes that since the dollar has depreciated, it is cheaper to repay loans in dollars.

Because the US dollar has depreciated, the exchange rate is now less than 1:100 against the Japanese yen, and the yen, like the yuan, has experienced a significant appreciation. As a result, various funds and insurance companies in Japan, South Korea, and Hong Kong have suffered heavy losses in the past two years. Although Li Xinghe has repeatedly ordered them to divest their dollar assets, unfortunately, there are still many fools, and those who blindly believe in the US are now mostly in jail.

India first withheld a large portion of the aid loan under various pretexts, leaving 3 trillion yen. Converted to US dollars at the time, this amounted to approximately 200 billion US dollars. With interest, it would be worth more than 500 billion today. India claims it will only repay 300 billion.

Even with such a small amount of money, India was clearly unwilling to repay it all. They planned to default on the interest and then the principal, and in the end, they would only give Li Xinghe a few worthless pieces of paper to repay the 30-year installment plan.

The Indian representative offered the following explanation:

“When the aid was initially planned, it was generally expected that the US dollar should be used for settlement, and the contract did not stipulate that the Japanese yen must be used. Therefore, it is perfectly reasonable for us to repay this payment in US dollars.”

Now it was Li Xinghe's turn to take the heat.

Holy crap, isn't this the same trick India used to screw over Russia back then? And now they're trying to use it on me?

He was very angry:

"They should fucking shoot Shinzo Abe, Fumio Kishida, and Yoshihide Suga ten times over."

If it weren't for these few idiots insisting on lending money to India and making some kind of investment, there wouldn't be such a huge deficit.

The total investment amounts to a massive 12 trillion yen, with the government's investment portion being even more outrageous. A significant portion consists of 50-year installment payments at an interest rate of only 0.1%, which is practically equivalent to a ridiculously low level of government funding that is essentially given away for free.

This money was disbursed to India starting around 2010. If all of it were recovered, it would be enough for more than a year's worth of Japan's military budget, enough to launch ten Yamato-class main battle carriers currently under construction in shipyards. Even the interest and investment income from this 12 trillion yen over the past 20 years would be enough to purchase another 300 fifth-generation fighter jets.

If Li Xinghe really had ten state-of-the-art, fully-equipped 9-ton conventional-powered steam catapult aircraft carriers, would Vance still dare to jump around across the Pacific every day and cause trouble for Li Xinghe?

Such funds are being wasted in India's cesspool.

Thinking about how Abe, Suga, and Kishida had given India the money to build ten fully catapult-equipped aircraft carriers, and now, in order to get their money back, they were being harassed by the Indians, Li Xinghe felt even more resentful.

Olympia hugged Li Xinghe, using her political wisdom to relieve his stress:

"You can't do anything about India."

India is a typical example of a country heavily reliant on both industry and energy exports. Besides industries like advanced programming services and telemarketing and telecommunications fraud, which India likes to compete with the US for, Japan, South Korea, and China earn approximately 700 billion RMB annually from India. However, with the depreciation of the US dollar, India now needs to pay twice as much to buy products of the same price.

Any punishment you impose on India, especially in the trade arena, is entirely self-destructive.

You can't just stab yourself in the back and then say you made a profit, can you?

That's because if he's useless enough, there's really nothing you can do about him.

"No, you're not trying to get my money for nothing!"

Li Xinghe was furious and insisted that India return the money.

Chapter 920: The Best Way to Collect Debts, Seizing the Vikrant Aircraft Carrier (4500 words)

Holding Li Xinghe, who was fuming with a headache, Lady Olympia, with her magnanimous heart, naturally soothed his anger:

"You should try to cooperate with the Indians and then get the money they owe you back. Indians are fame-conscious and short-sighted; just play with them."

The British know how to train dogs.

When doing business with Indians, don't consider it from an economic perspective. They'll feel entitled to any amount of altruism you offer, and they won't think the problem lies with them if the project fails. After all, if things go wrong, they'll always shift the blame to the foreign investors.

Excuses like, "It's all the foreigners' fault; if they hadn't sabotaged the project (referring to not accepting bribes), it would have definitely succeeded," appear almost daily in the rhetoric of Indian official media.

The United States has granted India many benefits, but has found that India is not grateful.

It wasn't until after 2010 that Obama realized India was a complete idiot; it would be happy if you praised it, and it would feel like you owed it money.

That's why Li Xinghe called Shinzo Abe an idiot.

Of course, it's not entirely Shinzo Abe's fault for rushing to give money to the Japanese.

Japanese companies' profit-making logic has always been to secure projects first. Once a project is successfully completed, all subsequent maintenance standards and costs must adhere to Japanese regulations. Maintenance projects in Japan are already expensive, so overseas they naturally take a double cut, hoping to recoup the cost through repairs.