The reason for this is very simple. Zhuang Jianye wants to maintain the basic market position of Ascendas Group in the domestic market in the next two to three years.
Because the failure of the price breakthrough in 1988 caused hyperinflation, the state introduced economic rectification measures, and what followed was the "late spring cold" from 1989 to 1991.
It¡¯s actually very simple if you think about it. In the crazy rush to buy supplies in 1988, every household stockpiled so much stuff that they couldn¡¯t digest it for a while, which naturally curbed consumption.
Apart from anything else, Zhuang Jianye doesn't have to worry about his own matches, salt, and toilet paper for the next year. This is the result of Zhuang Jianye's various obstructions. Needless to say, other people's hoarding is like that. It's simply helpless. Use words to describe it.
As a result, the goods produced by the factory were severely unsalable, resulting in a backlog of products, and the capital chain collapsed again. Coupled with the triangular debt that had already appeared in 1988, the decline in foreign investment and a series of other exposed economic problems, this stock market lasted for more than three years. The "late spring cold" really caused many companies to freeze to death at the door in the 1990s.
Because of this, Zhuang Jianye had to take precautions and raise funds to maintain production at this stall in 1988, but he also had to secure valuable sales channels for the long "late spring cold" in the future.
"General local enterprises or departments are not reliable. Only the strong and strong national team is reliable. Among them, the several units in the army that support local construction are the most reliable. If Zhuang Jianye doesn't look for them, who should he look for?
All in all, Zhuang Jianye made the worst-case scenario for the "cold spring" in the next few years, and his only purpose was to survive the most difficult three years.
¡¡
Zhuang Jianye was prepared for the worst, and Liszt also had the courage to risk everything.
Unlike Zhuang Jianye who was prepared for danger in times of peace, Liszt really accomplished his mission in one battle this time, and he was based on the judgment of China in the American "National Interest" magazine - collapse!
Officially relying on this basis, although Lister lost US$100 million in the operation of the bargain-hunting Ascendas Group, the Wall Street bosses behind him did not blame him. Instead, they believed that his failure tested the fragile balance line of the Chinese economy. .
As for how this conclusion was reached, to be honest, even Liszt himself was a little confused. Anyway, the big guys said they had figured it out, and Liszt naturally nodded.
Not only was he not punished for losing more than 100 million US dollars, he actually made a contribution. The process sounded ridiculous, but the result was what Lister wanted, so much so that this guy regretted hearing about Ascendas Group and its supporting companies. Why do you have to be so panicked when you are giving birth at full speed, causing many blood blisters on your thighs due to coffee burns?
If I had known this earlier, I should have been more calm.
"If I knew this was the case in China, I should have spent an additional $200 million."
Sitting in the extended Cadillac, Lister thought with some regret, and then picked up the American "National Interest" magazine just published this month from the side. The title on the cover clearly read "The End of History."
This is 1989, a node full of countless variables and turning points.
Liszt really doesn¡¯t care about turning points or nodes. In his opinion, the best point is to make more money in your pocket, the better. The best turning point is to make life full of extravagance and extravagance.
Because of this, at some point Liszt felt that he had been very stupid before, risking his own life to devote himself to the hard-working manufacturing industry for one of Lindemann's ideals. What did he get in the end?
??Looking at it now, it is true that money begets money. Getting rich is really not a myth, but a perfect fairy tale.
This is life and pursuit!
¡°The end of history will only end the political system. For capital, history is being created every second.¡±
Liszt thought to himself and closed the magazine in his hand. The car he was riding in had stopped in front of an office building. Liszt opened the car door, entered the door with his briefcase, and got on the elevator to the fifteenth floor. , came to a spacious conference room.
Today, as a senior expert in the Chinese market, he will provide professional market consulting for Wall Street investment banks.
"Hi, Mr. Lister, have you read the news today? China's economy is really in a mess. Several analysts predict that their economy will not survive Christmas this year."
As soon as he entered the spacious conference room, an investment bank executive greeted Lister warmly.
Liszt responded with a smile: "Yes, Mr. Graup,"?I have read the news comments for the past two days. It is really bad, but don¡¯t forget that China is a very different country, so we should have more patience. "
As he spoke, Liszt put the briefcase in his hand on the table next to him, took off his suit jacket, rolled up the sleeves of his shirt casually, and smiled at the executives of the various investment banks in the conference room: "Everyone Gentlemen and ladies, China is really different from what we imagined. They are underdeveloped, backward, and poor; but they are also positive, optimistic, and hardworking. I really can¡¯t summarize this country, its civilization, and its culture in one sentence. The operation of the organization is beyond our understanding, but it operates self-consistently on Chinese soil."
"Existence is reasonable." A woman said.
Liszt nodded: "That's right!"
¡°So, it¡¯s difficult to expect them to collapse themselves internally?¡± another middle-aged man asked.
¡°I can¡¯t say it¡¯s not possible, but it will take a long time to wait.¡± Liszt replied.
"How long is it exactly?" asked Graup, who had greeted Liszt before.
"Three years, five years, ten years it's all possible." Liszt shrugged: "It's also possible twenty or fifty years."
"We can't wait that long. You have to know that my investors only gave me one year, and the return on investment is 13%." A blond man closest to Lister shouted in disbelief: "If only time If it¡¯s too long, I¡¯ll go bankrupt.¡±
"Liszt, I know you have a way. Everyone can see that China's economy will not last long. You have been doing business with China for so many years. You should understand their weaknesses. Tell me, I am willing to add 1%. Commission." Gropp was also anxious and quickly used the method of keeping the bottom of the box.
"Me too¡¡"
"I will add 2% as commission"
The bursts of shouting in the venue made Liszt smile even more kindly, and pressed it with his hand: "Actually, my method is very simple. Since they can't solve it internally, why don't we apply external pressure? Use the most severe economic means to exert pressure. !¡±
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