Chapter 67 - Chapter 67: Guest

The following day, the Ministries of Foreign Affairs of both countries got in touch.

The parties established first contact through correspondence and telephone calls, exchanging opinions on cooperation.

On October 27, the Chinese Foreign Ministry announced that, at the invitation of Yan Guo, it will officially leave for Yan Guo on October 29 to discuss strategic cooperation issues between the two countries.

As soon as the news was released, it immediately sparked a huge worldwide debate, becoming the focus of all discussions.

"Damn, is China going to establish diplomatic relations with Yan Guo?"

"This was very sudden, there was no clue."

"How can it be so fast?"

"That's a really big move!"

"The boss didn't let any clues slip, he kept everything well hidden!"

"I never imagined that the first country to establish diplomatic relations with Yan Guo would be China! And one of the permanent five!"

"If they really establish diplomatic relations, will Yan Guo be considered a sovereign country?"

"What did China see in Yan Guo? This was very unexpected."

This issue not only sparked widespread attention and debate on the internet, but also surprised governments in several countries.

In the United States Congress, the president of the House called an emergency meeting to discuss the matter.

It was the first time that the United States really paid attention to Yan Guo.

Or rather, they were not focused on Yan Guo, but rather on China.

It was because of China's actions that people began to pay attention to this new country that had been in the spotlight on the internet for more than three months.

They gathered all available information on Yan Guo for analysis.

"A newly formed country, just over three months old, what did China see in it?"

"Could it be that they discovered natural resources in Yan Guo?"

"Does not make sense." The Speaker of the Chamber shook his head.

First, the exploration of resources such as oil and gas requires a long period of time, something that cannot be determined in such a short period of time.

Even if Yan Guo truly possesses oil and gas resources, it would be difficult for China to extract these resources independently even with its technology.

Furthermore, there is the issue of transport conditions and costs.

Yan Guo is 1000 nautical miles from the Philippines, the nearest nation, and even further from China.

Whether by sea or air, the costs of transporting the extracted resources would be extremely high. If they choose to build a pipeline, the costs would be astronomical.

China already has many oil fields on its territory. In the Inner Mongolia region, fields with reserves of more than 40 million tons were discovered. Xinjiang has found natural gas reserves exceeding 1 billion tons, and Qinghai has five million-dollar-scale oil fields.

Theoretically, China does not lack oil and gas, but it still spends billions to establish long-distance transportation pipelines to import oil and gas from other countries.

Why?

Due to technical conditions and transport costs.

Comparatively, importing oil and gas directly is more economical than extracting them domestically.

Therefore, it cannot be due to oil and gas resources.

Furthermore, considering the direction of Yan Guo's development, it is likely that its natural resource reserves are extremely limited and not viable for economic extraction.

Everyone knows that there are financial conglomerates behind Yan Guo, and these conglomerates are driven by profit.

If Yan Guo had abundant resources, why bother establishing a country? They would simply join forces with other nations and share the profits from direct extraction of resources.

But looking at Yan Guo's current situation, with their cities built and factories established, they are now following a path of industrialization.

You can doubt the character of the rich, but you cannot doubt their strategic vision.

Yan Guo's current development path certainly results from careful weighing of the pros and cons.

This is also the reason why, despite Yan Guo's explosive growth in recent months, the United States has not paid much attention.

Ever since Yan Guo demonstrated his considerable financial capabilities, they have been the subject of close scrutiny.

The conclusion of this analysis was that Yan Guo is a resource-poor island.

Therefore, China must have other interests.

However, based on the information available so far, it is not possible to clearly identify what attracts China to Yan Guo.

In the end, the committee meeting was unable to discuss anything conclusive, deciding to wait until the two countries establish diplomatic relations and reveal the details of the agreed cooperation.