Chapter 281 1998 years

The Kimchi Country was hit hard by the financial crisis, and the economic decline was extremely serious. The Kimchi Country government had no money and was unable to save the market. It once called on the Kimchi Country aunts to sell gold and silver to collect money to save the market.

When you are older, you still have to sell gold and silver jewelry. This is very sad and makes people sympathize.

Kimchi Country was the first to seek help from Country M, but even if he was a godson, Country M's father would still suck blood like crazy from his body.

Originally, Kimchi Country planned to accept Country M’s conditions.

But when I saw Wujiang Group coming to rescue the market in Southeast Asia, I had the same idea.

January 1998, 3 at 15 o'clock in the morning.

Wujiang Group, office.

The official representative of Kimchi Country is named Liu Ho-hyun. He is in his 40s, dressed in a suit and leather shoes, and speaks in a steady manner and is extremely capable.His assistant is a beautiful woman, wearing a white shirt, a black hip-hugging skirt, long legs, intellectual and sexy.

Ryu Ho-hyun asked Zhao Ye for help in a very humble manner: "The Asian financial crisis is coming, the stock index of Kimchi Country has plummeted, banks and factories have closed down, and the number of unemployed people is increasing. The people of Kimchi Country are in dire straits. Mr. Zhao, Since you can help Southeast Asia save the market, can you also help Kimchi Country?"

Zhao Ye nodded slightly and said with a smile: "No problem, the greater the ability, the greater the responsibility!"

Liu Haoxian heard this and said happily: "That's great. I would like to thank Mr. Zhao on behalf of the people of Kimchi Country!"

Zhao Ye said slowly: "Don't thank me for helping first. You know, you can help Kimchi Country, but I also have conditions."

Liu Haoxian asked hurriedly: "What are the conditions?"

Zhao Ye said: "I am more interested in some companies in Kimchi Country. I hope the government of Kimchi Country will allow me to invest in them? In addition, Kimchi Country will open certain industries to Wujiang Group and let Wujiang Group enter these industries! The specific content, I I will give you a document for you to review!”

The kimchi market in China is extremely exclusive, and the government specifically protects local companies.

If Wujiang Group does not take advantage of the situation this time, it will be difficult for Wujiang Group to enter the kimchi market.

Hearing this, Liu Haoxian smiled bitterly in his heart.

If Country M is a wolf, Borderless Group is a tiger. Anyway, they all want to tear off a piece of meat from Kimchi Country.

Unfortunately, Kimchi Country has nothing to do now.

Kimchi Country needs the help of Wujiang Group. It may be difficult for Kimchi Country to survive the financial crisis by itself.

Recently, even the largest company in the country, Daewoo Group, went bankrupt with a debt of US$800 billion, which is simply jaw-dropping.

Companies such as Samsung and LG will not fare well either.

If it were not for the subsidies and help provided by the government, these companies may not be able to escape the fate of bankruptcy.

"Mr. Liu Haoxian, this is a request for me to rescue the market. Take it back and study it carefully!"

Zhao Ye couldn't help but take out a document from the drawer and handed it to Liu Haoxian.

"Okay, Mr. Zhao." Liu Haoxian nodded and took the document from Zhao Ye.

"Mr. Liu, I still have some things to deal with, so I won't send you off!" Zhao Ye said, indicating that the other party could leave.

"Oh, Mr. Zhao, you are busy first, then I will take my leave!" Liu Haoxian nodded, stood up, shook hands with Zhao Ye and said goodbye.

As soon as Liu Haoxian and others left, Zhao Ye picked up the phone and dialed a number.

"Mr. Lu, let [Boundless Capital] prepare to enter Kimchi Country! Kimchi Country will most likely not reject our conditions!" Zhao Ye said with a chuckle while drinking tea.

"Okay, Director Zhao, I understand. I will make arrangements right away." Lu Maoshi responded. After frantically hunting for bargains in Southeast Asia, [Boundless Capital] is now very familiar with executing acquisition plans in Kimchi Country.

Zhao Ye nodded, feeling very relieved about Lu Maoshi and others.

In fact, it is difficult for the Kimchi Nation in this generation to rise in the fields of semiconductors and liquid crystals.

Wujiang Group has almost monopolized the Asian semiconductor market.

Samsung Electronics is still persisting, but most of its funds are obtained through government support and low-interest or even interest-free loans from banks.

Zhao Ye asked [Boundless Capital] to acquire shares of Samsung, Hyundai, LG, Daewoo and other consortiums, mainly because the Kimchi country market is too exclusive and the consortium has a very strong monopoly power.

Most people in Kimchi were born in Samsung hospitals, studied in Samsung schools, wore clothes produced by Samsung, used Samsung electronic products, got married in Samsung hotels, lived in apartments built by Samsung, and were finally hospitalized in Samsung hospitals.

This is scary!
It actually looks a bit like the Wujiang Group.

The Wujiang Group can now be regarded as a super consortium.

However, the Chinese market is too big, and Wujiang Group cannot monopolize all walks of life like Samsung Group.

……

Kimchi Country undoubtedly agreed to Zhao Ye's conditions.

The government of Kimchi Country believes that Wujiang Group is a company after all, and its main purpose is to make money.

Country M not only seeks wealth, but also has political, military and other demands.

If country M can easily control the Kimchi country's economy, then the Kimchi country will lose its dominance.

The next morning.

Liu Haoxian called Zhao Ye and came to Wujiang Group in the afternoon to sign the agreement.

In the evening, Wujiang Group held a press conference.

Many reporters came to the press conference.

When they saw Kimchi Nation official Liu Ho-hyun on stage, many people immediately guessed what was going on.

"That's Kimchi Nation official Liu Haoxian. Why did he appear at the press conference of Wujiang Group? Well, it seems that he must have reached some kind of agreement with Wujiang Group!"

"Haha, there is no other reason. The Wujiang Group must be willing to take action to save the kimchi market in China..."

"Wujiang Group is awesome. When the Asian financial crisis broke out, Wujiang Group actually became a firefighter, putting out fires everywhere!" the reporter joked with a smile.

"Hahahaha, it does look like a fireman! It is said that Country M should be almost mad to death now. It is said that Kimchi Country was the first to plead to Country M for bailout. However, the conditions proposed by Country M were extremely harsh, and Kimchi Country did not agree. In fact, in the end, Kimchi Country The main thing is that the Wujiang Group is here, otherwise, Kimchi Country will have no choice but to bow to Country M."

"Damn it, if you say so, doesn't Country M hate the Wujiang Group to death?"

"It is necessary, but Wujiang Group is very powerful, and there is nothing country M can do about it. If Wujiang Group does not export chips to country M, country M's technological development level will fall behind!"

"..."

There was a lot of discussion in the audience.

A few minutes later, Zhao Ye announced at the press conference as expected that Wujiang Group would use a large amount of funds to save the financial market of Kimchi Country.

With the help of the government of Kimchi Country, Wujiang Capital took the lead in acquiring shares in Samsung, Hyundai, LG and other groups.

As long as the leading enterprises develop, the economy of Kimchi Country can be completely revitalized.

"Mr. Zhao, Wujiang Group has been trying to save the market, but is it still financially sufficient?" A reporter suddenly asked, very curious about how strong the Wujiang Group's financial resources are.

Zhao Ye couldn't help but smile after hearing this, and then replied: "Haha, you asked this question very well. Let me tell you this, the cash reserves of Wujiang Group can enter the top five US dollar reserves of all countries in the world. Now you know that Wujiang Group How rich are you after all..."

As soon as these words came out, everyone present was stunned, and even made them unbelievable, thinking that Zhao Ye was joking...

A company's U.S. dollar foreign exchange reserves can catch up with Western powers such as Britain, France, and Germany. It seems like a fantasy to say it.

Zhao Ye looked at the stunned expressions of everyone and couldn't help but feel funny in his heart.

They actually don’t understand the country’s foreign exchange reserve mechanism. Generally speaking, Western countries do not reserve too much foreign exchange.

For example, the more U.S. dollars we reserve, the more serious we will be cut off by country M.

By 2023, the United Kingdom’s U.S. dollar foreign exchange will only be 1000 billion U.S. dollars.

Apple's cash reserves have reached $2851 billion.Because China does business with country M on a large scale, China has a huge reserve of U.S. dollars. Every time country M prints banknotes, it is equivalent to cutting China's wool.

In the past life, the reason why China was so eager to internationalize the RMB was because it no longer wanted to be ripped off by Country M.

The wealth of country M and the prosperous life of people in country M are all based on the suffering of countries around the world.

However, Zhao Ye believes that the internationalization of the RMB will progress very quickly in this life.

China's economic scale and technological strength have the ability to allow the RMB to replace the US dollar as a regional settlement currency.

……

Soon, the news conference of Wujiang Group reached Country M. The authorities of Country M were extremely angry. Wujiang Group sabotaged Country M's plans one after another.

However, Wujiang Group cannot be blamed for this.

Wujiang Group came to the rescue based on humanitarianism.

Is there anything wrong with this?

What does Country M accuse Wujiang Group of?

At the cusp of this crisis, Country M, as a world power, should actually take the initiative to lend a helping hand, but in the end it did not. Instead, it wanted to take advantage of the situation and let the capital of Country M control the Asian economy.In the previous life, Country M did it.

But in this life, the Wujiang Group has intervened, which has alienated Country M from Southeast Asia, Japan, South Korea and other countries.

……

Kimchi Country quickly contacted domestic consortiums and prepared to accept investment from [Boundless Capital].

The government of Kimchi Country has come forward, so the negotiation is smoother.

From April to May, [Boundless Capital] successively invested in Samsung, LG, Posco, Daewoo, Hyundai and other groups.

However, the shareholding is not large, basically between 10% and 15%.However, the equity of the consortium companies is relatively dispersed, and [Wujiang Capital] has basically become the largest shareholder or the second largest shareholder.

However, control of the company is still firmly controlled by the Kimchi people.

Zhao Ye did not pursue control of the Kimchi State Consortium Group, which was impossible to achieve.

[Wujiang Capital] can hold so many shares, which is actually quite good. Next, it can share the huge dividends brought by the rapid economic development of Kimchi Country.

In addition, that is to increase the influence of Wujiang Group in Kimchi Country.

[Wujiang Capital] holds so many shares, it will naturally have a seat on the board of directors and has a relatively large say.

……

Beginning in June, Kimchi Country’s economy began to pick up.

Even Japan's economy is starting to recover.

The Asian financial crisis is largely behind us.

Upon seeing this, Soros and others began to stop.

However, the Asian financial crisis did not make Soros and other international speculators make a lot of money.

On the contrary, it made Wujiang Group successful.

Let Wujiang Group become a super business empire that can affect the economic destiny of Southeast Asia.

As long as the Asian economy improves, Wujiang Group's assets will skyrocket.

At the moment, Zhao Ye has no time to pay attention to the Asian financial crisis.

It's now July.

Soon, a huge flood will occur, affecting all parts of the country.

"Liu Yinyin, how is the Three Gorges Dam project going?" Zhao Ye asked.

He had previously asked Liu Yinyin to pay special attention to the progress of the Three Gorges Dam.

"Fortunately, the progress is very fast, but there is still a year or two before completion. However, the Three Gorges Dam can already play a role in flood control."

As Liu Yinyin answered, she looked out the window at the heavy rain.She knew very well what Zhao Ye was worried about.

It has been raining all over the country since mid-July.

Experts have analyzed that heavy rainfall may occur in various places this year, which requires all parts of the country to be careful about flood prevention.

However, no one expected that the scale of the flood would be so large.

When Zhao Ye heard this, he felt a little relieved and said, "That's good. It can play a role in flood control. Now we don't expect to make money by generating electricity from the Three Gorges Dam!"

"Director Zhao, you don't have to worry. Experts say that the Three Gorges Dam can prevent and discharge floods this year, so there shouldn't be any big problems." Liu Yinyin said.

"Well, I hope so!" Zhao Ye nodded.

After a pause, Zhao Ye added, "However, it has been raining recently, so we still need to be prepared for flood prevention and prepare various supplies! If a major flood occurs, we can also provide rescue as soon as possible!"

"Okay, Director Zhao, I'll make arrangements right away!"

"Well, let's go."

Zhao Ye motioned to Liu Yinyin to make arrangements quickly.

Zhao Ye thought to himself that even if there was a Three Gorges Dam, the flood would still break out due to the huge flood, but the damage would not be as serious as in previous lives.

……

Time passes day by day.

The heavy rain continued.

On August 8, a levee burst somewhere along the river.

A sudden flood shocked the whole country!
Oriental Media, a subsidiary of Wujiang Group, reported it immediately.

The news of the flood was also published on the front page of the Wujiang portal website.

Lalamove Company immediately took away a large amount of relief materials from the warehouse of Wujiang Supermarket and sent them to the disaster area, including various foods, mineral water, clothes, tents, etc...

Silver Mercedes-Benz trucks were driving on the road, winding and forming a beautiful landscape, which shocked the whole country.

On the Internet, countless netizens couldn’t help but praise Wujiang Group!
"Holy crap! There are hundreds of trucks, and you can't even see the end! Wujiang Group is indeed a conscientious company, and it will rescue the disaster areas immediately!"

"With so many trucks, how much relief supplies are needed? I'm afraid it's hundreds of millions. I admire Wujiang Group's charity!"

"There is no mercy for floods! Wujiang Group and Zhao Ye have set the best example for everyone! We call on everyone at home and abroad to participate in the disaster relief operations. If you have money, contribute money and strength!"

"A difficult one, P Plus support!"

"..."

Since the Internet is relatively developed in this life, people understand floods in more detail and faster.

Everyone couldn't help but launch disaster relief operations online.

All walks of life also donated money and materials, and tens of thousands of volunteers rushed to the disaster areas to fight floods and rescue the market.

"Fu Xiaoyue, immediately held a press conference and announced to the public that our Wujiang Group is willing to donate 50 billion yuan for emergency rescue and disaster relief!!!" Zhao Ye said to the Wujiang Group spokesperson with a heavy face at this time.

(End of this chapter)

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