Chapter 542 Diplomatic Relations
On the way back, Jiang Wudu was still muttering about Zhou Zhi and Hong Kong's excessive behavior of "spending a lot of money frivolously", although Zhou Zhi explained to him that these were actually common in foreign financial markets. Hedging products and routine operations, Jiang Wu still feels a little weird about the way in which foreign currency operations worth millions of dollars were settled with just a few phone calls.
If this matter were to be carried out anywhere in the country now, it would not be possible to hold a meeting to study and discuss it for ten and a half days.
Private enterprises make decisions quickly, but now there are very few domestic private enterprises that can make such overseas money.
China is still in a period of transformation. One of the big problems is that the ownership of enterprises is not clear. Many private enterprises have only two ways to get preferential treatment. One is to be affiliated. Find a state-owned enterprise or even a central enterprise and pay an annual fee. For a certain management fee, if you name it, you can get a series of benefits such as bank loans, tax rates, and even water and electricity discounts.
However, many private enterprises eventually fell down on this road. In a word, they will always have to pay back their profits.
Another way is to take the overseas joint venture, or even the overseas wholly owned way.
In the current environment, companies with foreign investment background can only receive many more preferential policies than central enterprises.
However, Jinan Lock Co., Ltd. did not deliberately create a gimmick of a Sino-foreign joint venture to seek relief. The sales of four-way security doors are very popular overseas, especially in several Southeast Asian countries where the economy has begun to take off and the political situation is not stable. Small countries and regions that are too stable are even more popular.
Therefore, it is inevitable to find agents on Hong Kong Island and establish a supervision agency.
At the same time, subsidiaries must be established for financial management and capital turnover.
This supervision agency became a joint venture project between Hongsheng Accounting Firm and the Hong Kong Island subsidiary of Jinan Lock Co., Ltd.
As for Jin'an Locks, which is inland, it accidentally acquired the background of independent overseas legal person qualifications. It used its Hong Kong subsidiary as a tentacle and also established a joint venture with Hongsheng to establish a company called The main business of AXA's supervision company is to maintain and increase the value of Jinan Locks' overseas assets.
This is a very complicated financial system. Once the connotation is clarified, it actually doesn't matter. However, in the inland that is not completely "civilized" today, this is a big deal.
Even the vast majority of Chinese people will not believe that a small private enterprise has such strength. Even the officials of the Jingyang government would rather believe that this is the Jinan Lock Company that "planted the sycamore tree. Attract the phoenix."
The small amount of foreign exchange profits flowing back from the Hong Kong Island subsidiary is interpreted as an investment from Hong Kong capital, which is interested in the future development prospects of Jin'an Lock Company.
Cousin An An is very unconvinced by this, but Zhou Zhi and cousin An Ran are very calm about this, pretending to be naive. If people insist that we are a joint venture, then let’s just be a joint venture. Why not Why not?
Although Jiang Wu is a soldier, as a manager in charge of logistics for many tertiary industry and military enterprises, he is no stranger to business management.
Regarding the flexible approach of private enterprises, which is to follow the market and flexibly adapt to market changes, Jiang Wudu can only lament that there are too many rules and regulations tied to him.
However, Zhou Zhi firmly disagrees. He believes that the judgment of the many advantages of private enterprises is actually based on a serious "survivor bias."
How many people are paying attention to the prosperity of these famous private enterprises, and how many are also paying attention to the defeated ones?
Zhou Zhi even had a dispute with Jiang Wu. He believed that the management level of private enterprises today is not much better than that of state-owned enterprises. Even some so-called "unbundling" actually removed the "fuse" of the bomb. Gao How much of the profit return is actually exchanged for high risk?
This is not a big problem during the entire economic upturn, but once the country starts to take austerity measures to combat economic overheating, I don’t know how many private companies will die due to their radical business strategies.
The biggest risk will definitely come from the break of the capital chain. Therefore, Zhou Zhi comforted Jiang Wu. We must clearly distinguish between stability and conservatism, risk and radicalness, and we must have a good grasp of the degree.
There is no use envying how others eat meat. The best thing to do is to preserve the meat and bones in your own bowl first.
The upcoming real estate crisis in the south is a good lesson.
In the end Jiang Wu laughed: "We are upside down. You, the major shareholder of a private enterprise, are talking about the benefits of state-owned enterprises; and I, the person who manages state-owned enterprises, are talking about the benefits of private enterprises. Isn’t this reversed?”
This is really the case, Zhou Zhi can’t help but He was also happy: "In fact, maybe all snakes bite people, but their positions and gazes are different."
"It's better for you to be like this." Jiang Wu patted the steering wheel: "Ma You can retire even if you don’t have a job! How can you make money by writing a book?”
"I was the target of the trial. I was the stone when the big guys were trying to cross the river by feeling the stones. I was the crab when Taotie ate crabs for the first time!" Zhou Zhi, on the other hand, was not happy: "This is just a matter of luck. Publishers and the Agency for Cultural Affairs are making money. If overseas distribution fails and they don’t make a dime, do you think they will find jobs after graduating from university? No? You're like a loser!"
"Don't be so humble!" Jiang Wu shook his head: "I'm happy to let them touch me! !”
“Hahahaha...”
……
……
Early the next morning, Jiang Wu took Guan Ma and Guan Tingting to meet his wife in Sichuan, while Zhou Zhi took his adopted brothers, Fu Xia and Jiang Shuyi to pick up his godmother.
The godmother is quite surprised that there is a little foreigner girl in the car. Her godson seems to have an inexplicable ability, which can always attract some strange people to approach him. Now it’s good, even Foreigners are all involved.
When she found out that Fu Xia was an exchange student from Oxford University to Shu University, her godmother couldn't help but stand in awe. Oxford, in the eyes of Chinese people today, is the top university in the pyramid, the supreme existence.
Fu Xia was quite modest, saying that Oxford was just like that and she didn’t find it difficult to take the exam.
We all chatted together for a long time when we came back last night. Only then did Zhou Zhi introduce to his godmother that this girl was not admitted to Oxford at all. Fu Xia even said OXFORD on her birth certificate. The real " The seedlings are red and the roots are upright.”
Moreover, it is estimated that diplomas in this area are easy to get from a school like Oxford. After all, it has been closed to the country for so many years. If you make a slight move and translate a few domestic papers, it can fill the gap in Oriental studies. It is like giving away a diploma for free. What foreign university The saying "Easy in and strict out" also depends on the major.
For example, Fu Xia's study abroad project doesn't seem to be very difficult. She still has a lot of time to cook and study fish-flavored shredded pork.
The godmother was amused and scolded Zhou Zhi at the same time, but she was not allowed to talk nonsense, which would affect the diplomatic relations between the two countries.
(End of this chapter)