Set sail1992

Chapter 1376 Car for Meat

The handover with Xifei and Hafei went smoothly, but there was a little trouble on the other side...

"Mr. Zhang, there is a problem with the foreign exchange settlement in South America."

Liu Jianfeng came over and reported a new situation to Zhang Qihang.

Zhang Qihang frowned: "Exchange settlement? What's the problem?"

"It's all because of the subprime mortgage crisis," Liu Jianfeng said with a wry smile, "The foreign exchange reserves of those South American countries are now in big trouble, and they can't exchange foreign currency for us."

Zhang Qihang couldn't help but frown when he heard this.

According to the normal international business order, the legal profits earned by Huateng Group in these South American countries will be converted into US dollars through the international settlement system of the country where they are located, and then flow back to China.

Of course, China will also use these US dollars to purchase various products, materials, and raw materials from all over the world. The US dollar is the general equivalent circulating in the world, but now, these South American countries have no US dollars. Huateng Group has made money in these countries, but this money is the local currency of the country and cannot be converted into US dollars and brought back.

Trouble.

After thinking for a while, Zhang Qihang asked, "What do the relevant authorities in the other country say? What do our partners say?"

Liu Jianfeng sighed and said, "The attitude of the other party's competent department is very good. They said that the foreign exchange reserves have bottomed out and the government has ordered to strengthen the control of foreign exchange reserves. They can't exchange foreign exchange for us for the time being.

As for our partners in South America, they have been complaining to us one after another, saying that the economic crisis has had a great impact and they are having a hard time now, but..."

Having said this, Liu Jianfeng hesitated to speak.

"what?"

"The other party said that if we agree to accept their own currency, they can settle the payment with us in their own currency."

Zhang Qihang couldn't help laughing when he heard this: "Why do I need their currency? We can't spend this money in our country... huh?"

At this point, Zhang Qihang suddenly paused: It is true that this money cannot be spent in China, but it can be used in these countries, right?

After thinking about it for a while, Zhang Qihang felt that this idea was really feasible, and then said to Liu Jianfeng: "People can't let themselves be suffocated to death. So, Jianfeng, you go and count the specialties of these countries, and which specialties are more popular in our country if they are imported."

Liu Jianfeng's eyes lit up and he quickly asked, "What do you mean..."

Zhang Qihang nodded and said, "Since our customers are indeed facing real difficulties, as friends, we should help them if we can. They can only pay us in their own currency, so it's not impossible. You can communicate with them and we can directly use the money to purchase the corresponding materials in their country, which can also be regarded as helping them expand exports."

By the way, since we are purchasing in such a large amount and helping them in such a difficult time, please remember to ask them to give you a good price. "

Liu Jianfeng looked embarrassed and said, "Mr. Zhang, we can't import much from these South American countries. As for industrial products, we can produce everything they can produce, and the quality is better than theirs, and the price is cheaper than theirs. We can only import agricultural products and minerals such as iron ore, beef, and soybeans from these countries, but our group does not have the import and export qualifications for these products."

  This is the truth!

Huateng Group is indeed an enterprise with import and export qualifications, but not all products are eligible for import and export. As an automobile manufacturer, trucks, passenger cars, engines, gearboxes and auto parts can of course be exported.

In addition, Huateng Group has cooperated with Lao Wang to contract a number of lithium and copper mines abroad, so it certainly has the qualifications to import the corresponding ores. However, Huateng Group does not have the qualifications to import and export the most abundant specialty products in South America, such as soybeans, soybean meal, beef, dairy products, etc.

Zhang Qihang pointed outside and said with a smile: "You are right, these products are indeed not on our group's import and export catalog. But then again, we have made such a big concession. We even stopped producing aircraft engines and handed them over to Hafei and Xifei without saying anything. Now we only ask to increase the import and export categories. Is this request too much?"

Zhang Qihang had said so much, if Liu Jianfeng still didn't know what to do, then he should just go and kill himself. He slapped his forehead hard and nodded vigorously: "Okay, Mr. Zhang, I'll do it right away."

"Hurry up," Zhang Qihang said with a smile, "This opportunity is rare."

........................

Liu Jianfeng's actions were indeed very quick. He quickly found materials suitable for import from South America and came to report to Zhang Qihang excitedly: "Mr. Zhang, I have communicated with all parties. Considering the supply situation in South America and China, everyone thinks that importing pork and beef from South America is the most cost-effective. If it still cannot completely offset the shortfall, we can also import another batch of soybeans or soybean meal to make up for the shortfall."

Zhang Qihang nodded: "Let me see..."

After taking the information Liu Jianfeng handed over, Zhang Qihang looked at the differences in pork, beef and other products between the two countries, as well as the prices of pork and beef from South America after shipping them to China, including freight, tariffs and other costs. He felt a little dizzy: the same beef, even if it was shipped from South America across the ocean, was so much cheaper than what we produce ourselves...

Before, Zhang Qihang had heard that the prices of imported pork and beef were much cheaper than those in China, and he believed it to be true. After all, it was a losing business. But he never expected that the price difference would be so big. No wonder those domestic pig breeding companies and livestock product processing companies secretly import so much pork and beef from abroad every year. If it were him, he would probably not be able to help it, right?

After shaking the documents in his hand, Zhang Qihang asked Liu Jianfeng, "What is the attitude of our partners? What do they say? Also, what do the higher-ups say about increasing the number of import categories?"

Speaking of this, Liu Jianfeng smiled and said, "Mr. Zhang, you may not know that our partners were very happy when they heard that we were willing to purchase beef and pork from their country. They asked if we could buy from their friends first and they would guarantee us the best price.

The officials from their competent department were extremely happy and repeatedly assured me on the phone that there would be no problems with the procedures.

As for us, it has been said above that we will ensure the green light throughout the whole process."

(End of this chapter)