Chapter 424 The Beginning of Investing in Europe (asking for monthly votes at the beginning of the month)
Wal-Mart currently does not have a great influence on Changxing Group. After all, its scale is still limited; however, its growth potential is very strong, especially But now that I have invested, there is no shortage of funds, and I can say that I am like a fish in water.
Therefore, at this early stage, if our own Changxing Trading can catch up with its daily necessities orders, then the future is promising. You must know that in the original history, at its peak, Wal-Mart had orders of about 100 billion US dollars per year. , are all handed over to some trading companies, also because there are too many products, and Wal-Mart’s senior executives have limited energy.
With the help of Wal-Mart's orders and its own Carrefour, it will be possible to strictly control the cost of the procurement chain, so that it will also have the opportunity to enter supermarkets in other markets, such as Japan, which is almost impossible to enter, or Europe, which is difficult to enter. First, although it is difficult to open a supermarket in these places, you can indirectly obtain the benefits of the supermarket.
On December 19, things happened in the United States. Yang Wendong took a plane and did not return directly to Hong Kong. Instead, he went to London, England.
At the airport, an acquaintance was already waiting here.
"Old Wei." Yang Wendong greeted with a smile: "How long have you been in London?"
Wei Zetao said: "Almost 10 days."
" 10 days? Is the factory almost done?" Yang Wendong asked.
I came to London this time because the United States is relatively close to the United Kingdom, so I stopped by to take a look. One of the things I did was to invest in a factory of Changxing Group in the United Kingdom. This investment is not purely for economic reasons, but for economic reasons. It is similar to a ZZ transaction.
Wei Zetao said: "Yes, we have basically reached an agreement. According to your requirements, the recruitment of workers in our factory is completely in our hands."
"Okay, in other aspects, as long as it is reasonable " Yang Wendong nodded and said.
This investment has actually been calculated before, and it may be profitable, because the goods produced are also for supply to Europe. Although the wages of Europeans are not low in this era, the cost of ocean transportation is also high, and some are not For commodities suitable for sea transportation, it is economically feasible to invest here.
Wei Zetao said with a smile: 'Okay, let's go to the hotel. You can rest here and I will report the specific situation to you tomorrow. ’
“Okay.” Yang Wendong nodded. It took six or seven hours to fly from the United States to London. It was already afternoon now, and it was almost time to rest.
The next day, Wei Zetao and Yang Wendong came to a small conference room in the hotel to discuss this investment in the UK.
Wei Zetao said: "According to our agreement with the British government, the total amount of investment this time is 1.5 million pounds, but this is only in name, and some manipulations can be done in many aspects."
"What do you mean?" Yang Wendong asked.
Wei Zetao smiled and said: "We can buy equipment from Dongsheng at a low price and then ship it to the UK. The quoted price is the price in the UK, and other aspects are similar, so it looks like 1.5 million pounds, but In fact, it’s only about one million.”
“The British government won’t investigate?” Yang Wendong asked curiously.
Wei Zetao said: "The inspection is also done randomly, so our quotation in the UK cannot be too outrageous. If it is in line with the quotation in Europe, then there is no big problem. This is actually the case in cross-border investment, and governments of various countries have also It’s tacit, after all, it’s not harmful to them. If this is not allowed, who will invest?”
“Haha, that’s right, so many international companies are not vegetarians,” Yang Wendong laughed. said with a smile.
Wei Zetao added: "For the British government, what they value more is the employment we bring and the long-term economic benefits in the future. We have not lied to them about this.
Currently The first phase of the plan will recruit 350 people. Several of the products we produce will also be directly put into the British and European markets. They can even be sent to the United States via containers in the future. Starting from here is much more convenient than Hong Kong, especially in the eastern United States. "
"Well, this can be regarded as the benefit of investing in Europe." Yang Wendong nodded and said: "Hong Kong will not build containers in the short term, so this area will be quite troublesome in the future."
In fact, Governor Dai Lincheng has already made plans in this regard. There are rumors in the market that traditional terminal companies such as Jardine Matheson, Taikoo, and Whampoa have also met with the Hong Kong government. Everything is proceeding step by step. Hong Kong's rapidly developing industry can also gradually solve a large number of problems. employment issues of traditional dockworkers.
However, the outbreak of the economic crisis in the future has suspended all major plans. After all, the Hong Kong government has no money, and private capital does not dare to make such radical investments during the economic crisis. Not to mention the port, even the project that was about to be approved The Hung Hom Cross Harbor Tunnel has also stopped.
It was not until after the economic crisis that docks and tunnels were built in 1970. It would not be until 1973 when the first dock was successful, which was close to ten years. During this period, various industries were Otherwise, Hong Kong's industry might have been stronger despite heavy losses.
Wei Zetao said: "Perhaps we should increase investment in Bay Bay and Singapore. These two places have lower costs and have plans to build container terminals. If there is any new production capacity in the future, we can consider it. "Both sides."
"Yes, I think so too." Yang Wendong nodded and said, "They are all Chinese territory and suitable for our investment. Our industrial scale in Hong Kong is already too large. Forget it, but the increase in the future will also need to be produced overseas. "Hong Kong only has about 3.5 million people. This kind of population is not suitable for continued investment. I was very active in building factories in Hong Kong in the early days. In addition to its own needs, Helping the poor in Hong Kong get rid of poverty is also one of the purposes. But now that Hong Kong's economy basically prevents people from going hungry or experiencing extreme poverty, then the task you have set for yourself has been completed. From now on, you can just follow normal business logic.
Bay Bay has a larger population and Singapore has a better location. These two places are the future Asian Tigers. The real estate industry or local service industry will be among the top in Asia in the future, and they are also very suitable for investment.
Wei Zetao said with a smile: 'Okay, in the future, when I expand the production capacity of the factory, I will consider these two places. '
"Priority is given to Singapore, and we will wait until the political situation in Singapore stabilizes." Yang Wendong reminded again: "Our future capital will never go to places with ZZ risks."
" "Understood." Wei Zetao agreed,
What capital needs most is stability. If a place is in chaos, even if the government protects foreign companies, various suppliers, workers, and transportation will be in chaos, and there will be no way to operate.
Yang Wendong continued: "This will be the case in the UK first. If we later find that there is great potential for investment in Europe, we will consider increasing investment in the future, but it may not necessarily be in the UK. We will see when the time comes.
Over the years we have Europe and the United States are constantly making money, and they also need to invest here to stabilize the market. "
Business is buying and selling. If you keep selling, you will sell out sooner or later. problem; therefore, even large mainland home appliance companies such as Haier and Midea in the previous life would build factories overseas. Firstly, it is cost-effective in itself, and secondly, it is also an exchange of interests. Small companies do not care about this, but large companies must Consider, especially that we need to invest in some local service industries in Europe and the United States
"Okay, if we control employment in Europe, it will be easier for us to open their markets." Wei Zetao said with a smile.
Yang Wendong asked again: "How is the investigation going on with Tesco in the UK that I asked you to check before?"
Wei Zetao said: "I sent someone to ask, but they did not accept investment. Tesco has been in the UK for decades, and the shareholders behind it are also quite powerful, so it is a bit difficult to buy shares in them."
"Forget it." Yang Wendong added: "Continue to collect some British company information. "
Tesco will indeed be a pretty good supermarket in the future. It would be great to be a shareholder, but it doesn't matter if you can't. After all, there were so many top supermarkets in the previous life, and he couldn't invest in them all, especially since he is " "Foreign capital", that is, only those small businesses that have just been established, may consider it.
"Yes." Wei Zetao said.
"Yeah." Yang Wendong was about to say something when suddenly there was a burst of noise outside.
Wei Zetao quickly explained: "Yang Sheng, the British people have been making trouble again recently. There are conflicts between local white people, immigrants and some leftists. It's a mess. There are even disputes within the government over whether to accept immigrants. It's very chaotic."
"We don't care about this." Yang Wendong said again: "In the future, our factories will only need local white people, not Indians or black people. I would rather pay a little more than be troublesome, let alone go out." Quality problem. ”
The British government has been in chaos in recent years. Because of the shortage of people in the country after World War II, and in order to win over the colonies, it has issued a policy: colonial people can also come to Britain freely and obtain British goods. Country of Citizenship.
So a large number of colonial people came to pilgrimage, especially some blacks and Indians who could not survive in the mainland and came to Britain. Then the outcome of Britain can be imagined, and because there were too many, these The immigrants have formed their own interest groups, forming a huge conflict with the native white people.
This can be regarded as a sequelae of the British Empire's colonization of the world.
Yang Wendong naturally doesn't care about this kind of thing, but his past life experience tells him that he must not hire Indians or black people to open a factory. He would rather hire white people. These white people may not be as diligent as the Chinese, but at least they will not be as cheating.
"How about giving priority to Chinese people? There are also many Chinese people in the UK." Wei Zetao suggested.
“No, this factory itself has ZZ significance more than economic significance, so let’s use white people.” Yang Wendong shook his head and said: “The Chinese in the UK have nothing to do with us, why should we take care of them?”
"Okay, I understand." Wei Zetao nodded and agreed.
Yang Wendong continued: "Then build the factory here as soon as possible. With this, it will be much more convenient for us to enter Europe in the future."
If any capital is large enough, it will be diversified into not only industries but also assets. This is a way to avoid risks; even if you are a time traveler, you can at most invest more in areas that you know are good, but that is not the case. We will not invest in just these few places.
Europe and the United States will always be the world's largest consumer market in the next few decades, and they are also the forefront of many technologies. For example, in the fields of home appliances and electronics that I will invest in in the future, many technologies are born here. Therefore, I also need to gradually make appropriate investments in Europe and the United States.
PS: Ask for monthly tickets at the beginning of the month
(End of this chapter)