The Wealth Empire Crossing the Hong Kong

Chapter 635 Arrive in Seoul
Li Jianhui didn't pay much attention to the talks between Gu and Liao in Xiangjiang. With the president's release, general aviation and commerce will not be a problem. Prepare for the direct flight on April 4st.

This time, Baodao was only Li Jianhui who came here by the way. This time he mainly went to Seoul. This is also his first trip to South Korea.

In East Asia and Southeast Asia, the business community is mainly dominated by Japan, Hong Kong, Nanyang, Baodao, and South Korea. At present, apart from South Korean capital, the other parties are relatively harmonious and their competition is relatively restrained.

As an ally of US capital in East and Southeast Asia, South Korean capital has struggled with several other major Asian capitals in these two major markets in the past two years.

In industries such as retail, electronic semiconductors, home appliances, and shipbuilding, competition has never stopped.

Li Jianhui's trip to South Korea this time is also to increase cooperation with Doosan Group, an ally, to promote Doosan Group to become bigger and stronger in the Korean market, so as to contain the energy of Korean capital.

After several years of development, Shinway Hotel Group owns more than [-] hotels. There are Shinway hotels in many important cities in the world, and Seoul is no exception.

It is worth mentioning that Xinhui Hotel is not a fast hotel. Its standard has always been the same as the Peninsula Hotel, so every hotel is a top-level hotel in the local area, which is why the number is relatively small.

As the Queen's hotel of Donghuahui, after Li Jianhui and his party arrived in Seoul, they naturally settled in this hotel.

The major families in South Korea are very concerned about the arrival of Li Jianhui. Not long after Li Jianhui and others settled in Xinhui Hotel, Li Jianxi, Zheng Zhouyong, Zhao Zhongxun, Kim Yuzhong, Xin Gehao, Cui Taeyuan, Gu Ziqiong and others also conducted secret communication.

It is mainly aimed at Li Jianhui and Donghuahui. They will never let Donghuahui capital become the dominant player in the Korean market.

Doosan Group is their main target of suppression. This company is an alliance of the Donghua Club in South Korea, and they have been keeping them in their throats for the past two years.

With the support of Donghua Association, Doosan Group is no longer a company that only deals in construction machinery, but a real comprehensive group.

It not only has construction machinery manufacturing companies, but also retail, real estate, communications, securities investment, chemical industry and other industries.

Especially in terms of retail, Doosan Department Store has the financial support of Donghua Club and has expanded extremely rapidly. It is currently second only to Lotte in the Korean department store retail market.

Li Jianhui didn't know that his coming made the heads of the major Korean families nervous, so he just took a short rest and held friendly talks with the top officials of the Korean government.

Although Li Jianhui has repeatedly stated that he is not qualified to become the richest man in the world, it has to be said that his status and influence have been improving.

In addition to the vice president of South Korea, the meeting with Li Jianhui and his party this time included the minister of the Ministry of Economic Affairs, as well as deputies from the Ministry of Industry, the Ministry of Foreign Affairs, and the Ministry of Industry.

Talking about people and talking about others is vividly reflected in businessmen. Li Jianhui happens to be a typical businessman, and it can be said that he has formed an instinct for this skill.

After the voice of the vice president fell, he responded aloud: "South Korea has developed rapidly in recent years. It is also known as the four Asian tigers together with Baodao, Xiangjiang, and Xingzhou. Its population is the largest among the four tigers. Its market and potential All extremely large.

Our Xiangjiang company has always attached great importance to the Korean market. Over the years, the economic exchanges with South Korea have been increasing. Our industries are also increasing investment in the Korean market. At the same time, we are also increasing cooperation with Korean companies to benefit the economic development of South Korea. win-win. "

Korean executives were noncommittal to Li Jianhui's words. The main markets in East Asia and Southeast Asia, the Xinjian Department and even Donghua Club invested the least in Korea.

However, in their view, the arrival of Li Jianhui this time will be the beginning of warming up the relationship between the two parties, and there will inevitably be a large number of Donghuahui companies entering in the future.

As for the entry of Donghuahui enterprises that will squeeze the industrial market of major domestic families, it is currently not within the scope of these high-level considerations.

They don't want the domestic market to be monopolized by a few big families, especially with American capital standing behind these families.

Introducing the capital of the Donghua Society is also a balancing act played by these high-level executives. No one is born willing to be a puppet, and the same is true for them.

The reason why Doosan Group has expanded so rapidly in the past two years is also due to some high-level support.

Li Jianhui brought so many high-level executives here, so he didn't just go through the motions. He still has some ideas about the Korean market.

During this meeting, the two sides also reached some cooperation. Good Wheelock Land will build a Wheelock Plaza in Seoul and Busan respectively. Construction of a Lane Crawford shopping center.

Taoda Group will establish a food and beverage production base in Ulsan, mainly producing Taoda instant noodles, quick-frozen food, mineral water, and orange juice drinks.

At present, Li Jianhui can only produce these projects. South Korea is not the mainland, and this is not the production center of the Xinjian Department.

It can be said that South Korea’s high-level executives made a wrong calculation. If they want to balance the families of Li Jianxi and Zheng Zhouyong, they should support domestic families without American capital support instead of thinking about introducing foreign capital for balance.

For the vast majority of foreign capital, the Korean market is just a sales market, and it is impossible for them to place a large number of production companies here.

After all, compared with the mainland market and Southeast Asian market, the labor force in the Korean market is not cheap.

However, there are still many industries under the Xinjian Department here. Huihong Group will also establish a game development company here this time, and Jiayi Records will also establish a branch here.

Watsons, IKEA Convenience Store, E-Go Appliances, and E-Go Logistics will also enter the Korean market on a large scale.

In addition to its large-scale expansion in Baodao this year, Donghua Communications supports the expansion of Daehan Communications, a joint venture with Doosan Group, in major cities in South Korea.

The Korean high-level leaders are quite satisfied with the achievement of these intentions today, and they also know the development focus of the Xinjian Department and even the Donghua Society.

They are more concerned about Li Jianhui's cooperation with the Korean family this time. These projects are the focus. Good development can not only drive the economic development of South Korea, but also increase a lot of employment for South Korea.

The strength of these families has grown stronger, and they can also balance the current top families in the country and avoid a situation where one party dominates.

During the talks, South Korean high-level leaders also repeatedly stated that the Korean market is open and fair to the outside world, and they will never suppress foreign companies for no reason for the benefit of local companies.

There was no live broadcast of this meeting on TV, and there were no media reporters, but its content was quickly learned by the top families in South Korea.

The other few companies are fine, but Xin Gehao, the helm of Lotte, feels tremendous pressure.

At present, only Doosan Department Store, Chenggong Department Store, and Cosway have already made him a little breathless. Retail department store giants such as Lane Crawford under the Xinjian Department are also entering the Korean market on a large scale. How can this prevent him from worrying about the future of Lotte? feel worried.

For the survival and development of Lotte and the family, and in order to avoid being at a loss when the time comes, Xin Gehao also deliberately contacted the American capital that supported him to seek support and deal with the possible targeting and encirclement of Xinjian retail.

(End of this chapter)