Chapter 681

Amid the wails of the people of various countries during the Great Depression, the entirety of 1927 passed as if a spring breeze had brushed across their faces—seeming to have been experienced, yet also seeming to have been forgotten.

Time quickly arrived at 1928, and the world situation accumulated fury amid the silence. It seemed an outbreak was not far away.

Because they were caught in an economic crisis, every country was implementing its own small measures to alleviate it.

The British people were maintaining the pound sterling order after abandoning the gold standard, while the Americans were pushing forward with President Hoover's pet project: the dam construction plan.

The French people were troubled by the small number of participating countries in the Franc bloc, while public resentment in Russia had already reached the boiling point. It seemed a new war was not far away.

Only Australasia remained relatively peaceful. Precisely because of this, it attracted large numbers of European and American residents and technical talents, while many European and American companies also chose to put down roots in Australasia.

Many famous European and American corporations successively chose to open branches in Australasia, transferring a considerable portion of their business there to reduce their losses during the economic crisis.

Those medium-sized companies did not have such abundant capital. They perhaps had only one choice: relocate directly to Australia.

Regardless of what choices these companies made, 1927 had been a year of sudden riches for Australasia.

According to statistics from the relevant departments, over the course of 1927, foreign companies opened more than a thousand factories and branches in Australasia, with total investment exceeding 200 million Australian dollars.

In addition, more than two thousand companies of varying sizes had relocated entirely to Australasia. These companies covered a wide range of industries,