Yuan Baocen looked at the rising price and almost drooled.
The price had already risen to 200,000 pounds in Africa and Oceania alone.
One pound was equivalent to four taels of silver. This was not a small sum of money.
Of course, the reason why the envoys of the various countries actively participated in the competition was not to make much money in the African and Oceanic markets, but to get the patent formula of the sulfuric acid. In this case, they could also sell it in their own country without being choked by others.
"250,000 pounds!" As the most powerful country in the world, the people of Ying had the most colonies in the world. Naturally, they were rich.
"300,000 pounds!" But the French were not weak either.
In addition, there were the newly rising nouveau riche Americans, as well as the enemies of Britain and France.
This naturally caused the bidding price to continue to rise.
In the end, just in the African and Oceanic markets, the price soared to one million pounds, and the bids of the Ying people were even higher.
"The African and Oceanic markets belong to the British Empire!”Yuan Baocen was very excited.
"The next auction will be in the Asian market other than East Asia. The starting bid was also 100,000 pounds, and each bid must not be lower than 10,000 pounds. Everyone can bid now!"
Yuan Baocen intended to keep the East Asian market for himself. Therefore, they were selling to the Asian market outside of East Asia.
"100,000 pounds!" The French envoy raised the price to one million pounds. It showed that he was determined to get this patent formula.
"200,000 pounds!" The Minister of the Dé Nation, Harhausen, did not give in either. He was also very clear that if he could not win this market, then the final European market would probably be very expensive.
"300,000 pounds!" The American envoy, Jia Leheng, also joined in. The wealthy Americans did not lack money.
Although the Russian envoy Sovitz was unwilling to give up, Russia was extremely poor now. They had no money to pay off the huge debt they owed the French. Where would they have the spare money to participate in the auction?
Therefore, the auctions in the Asian markets other than East Asia were mainly concentrated in France, Germany, and the United States. As for the people of Ying, they were mainly watching the show.
The price soared from 100,000 pounds to two million pounds.
"Next is the American market. The base price was 500,000 pounds, and each increment must not be less than 20,000 pounds. Everyone, you can bid now!" Yuan Baocen was very excited.
Just the sales in the previous two markets alone had earned him a total of three million pounds! This was a huge sum of money.
"One million pounds!"
The first bid from the American envoy, Jia Leheng, doubled the price.
"Two million pounds!"
The French envoy, Pei Ge, gritted her teeth and followed up. Not only did he want to take this opportunity to obtain the patent formula, but he also wanted to make a fortune in the American market.
After all, although the level of economic development of the American countries could not be compared to Europe, it was not low either. Moreover, there was also the existence of the rich and powerful US.
If they could take down the American market and prevent the Americans from getting the formula, they could make huge profits in the American market alone!
The American envoy, Jia Leheng, knew this. Therefore, he did not give in.
This caused the bidding price to rise steadily. Soon, it exceeded 5 million pounds and reached 5.5 million pounds.
At this time, France was known as a country of usury. Their investment capital in countries around the world exceeded tens of billions of Francs. It could be seen how rich this country was.
"Six million pounds!" The American envoy, Jia Leheng, shouted the price with red eyes.
"Seven million pounds!" Although the French envoy was also sweating profusely, her expression remained calm.
"7.5 million pounds!" Jia Leheng gritted his teeth and raised his bid again.
The last one left was the European market. Although the three countries, Britain, France, and Germany, had already obtained the patent formula through the previous auction and could still sell it in their own markets.
But even the remaining market was still a big piece of fat meat!
Before the outbreak of World War I, Europe was the wealthiest place in the world.
"Next, we will bid for the European market. The starting price was one million pounds, and each increment must not be less than fifty thousand pounds!”Yuan Baocen was already numb.
After the first three auctions, he had already earned eleven million pounds.
Britain, France, and Germany, as well as the United States, which had yet to obtain the patent formula, all wanted to get their hands on this market.
Therefore, they started bidding again.
As for Yuan Baocen, he was smiling as he watched the price increase.
In the end, the French had more capital and won the European market at a price of 16 million pounds.
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