Set sail1992

Chapter 493 RMB is the main settlement currency

It took Kuroda Masayoshi a lot of effort to control himself not to exclaim.

He didn't expect Zhang Qihang to know the situation of Mitsubishi Motors so well. Before that, as the vice president of Mitsubishi Motors Co., Ltd., he had no contact with people from the Huaxia automobile industry, but these people from Huaxia Motors People in the industry, almost without exception, expressed their admiration and admiration for the achievements of Mitsubishi Motors, and complimented Mitsubishi Pajero and Mitsubishi Lancer EVOLUTION for their achievements in the World Rally Championship. It can be said that they are all looking up and admiring Mitsubishi Motors, no one cares about the current financial situation of Mitsubishi Motors and the situation of the current president of Mitsubishi Motors.

Before that, Masayoshi Kuroda also subconsciously looked at Zhang Qihang in this way, thinking that this guy who came to seek cooperation with Mitsubishi Motors must be kneeling on the ground and looking up at Mitsubishi in a humble way, but who would have thought that this is what he thinks he should be. It's the guy looking up at Mitsubishi, who actually knows clearly the problems Mitsubishi is facing and the pressure President Nakamura is facing!
This is difficult.

This means that after knowing the current financial situation of Mitsubishi Motors and the enormous pressure faced by the current president of Mitsubishi Motors, the other party can calmly formulate a negotiation strategy: Do you disagree with my terms?Well, if you don’t agree with such good news, then go to hell... I don’t believe that as the current president of Mitsubishi Motors, Yuichi Nakamura is so willing to be kicked out.

And how much pressure is Yuichi Nakamura facing now?
Let's put it this way, Masayoshi Kuroda even knew that President Nakamura had already begun to prepare for his resignation: he promoted his confidant and loyal subordinate Director Tsukahara to the position of executive vice president of Mitsubishi Motors Corporation.

This also means that once the situation develops to the point where Yuichi Nakamura must resign, Director Tsukahara will be the candidate to replace Yuichi Nakamura.

Although Director Tsukahara is a loyal subordinate of Yuichi Nakamura, the problem is that everyone understands that if it is possible not to step down, it is better to sit in this position by himself.

And now, Mitsubishi Motors is facing an opportunity that can greatly increase the chances of President Nakamura staying in office, but the problem is that neither Mitsubishi Motors nor Nakamura Yuichi have considered that the other party will have such a clear grasp of their cards...

There is no need to say anything about the second and third conditions. Masayoshi Kuroda took a deep breath: "So, Mr. Zhang, please tell me, what kind of cooperation conditions do you want?"

He was ready to listen to Zhang Qihang's request, and then reported to President Yuichi Nakamura with the information he got today. The situation in front of him was beyond his authority.

Zhang Qihang breathed a sigh of relief in his heart: It succeeded!

Looking at the serious Masayoshi Kuroda, Zhang Qihang smiled slightly and said, "Mr. Kuroda, don't be so serious. Don't worry, the conditions we proposed are absolutely reasonable and based on the principle of mutual benefit and win-win cooperation. There will not be a situation where one side suffers big losses and the other side makes big gains.”

"Ah……"

The corners of Masayoshi Kuroda's mouth twitched, and he didn't have the nerve to say what was in his heart - it was understandable, in Masayoshi Kuroda's view, if Mitsubishi didn't make a big deal, it would suffer a big loss.

Zhang Qihang turned a blind eye to Kuroda Masayoshi's expression, and he continued: "First of all, it is the condition I put forward before. For some spare parts that we can produce in China, we can purchase them in China. I hope that you will understandable;
Secondly, the settlement currency is based on the two currencies of US dollar and RMB, and the settlement ratio of RMB must account for more than 60%..."

The reason why the settlement currency is US dollar and RMB is because the yen has appreciated rapidly in the past two years. There is a profound lesson in this. For example, Brilliance Automobile cooperated with Toyota in the CKD model. Inexperienced, the settlement currency I chose was the Japanese yen. The result was that the profit margin of the bicycle was indeed very high. As a result, with the appreciation of the Japanese yen, all the money earned by Brilliance Auto was posted on the exchange rate, which was equivalent to working for Toyota for nothing.

With such a profound lesson before him, how could Zhang Qihang agree?
"Zhang Jun, please wait a moment!"

Before Zhang Qihang finished speaking, Masayoshi Kuroda hastily interrupted: "The international trade settlement is mainly based on the US dollar, followed by the Japanese yen, British pound, and Deutsche Mark as auxiliary currencies. Although it is a bit impolite, But the RMB in your country is not an international currency. You said that RMB is the main settlement currency?

That's not how it works.

What's more, how do we spend RMB? "

Zhang Qihang was not surprised by Masayoshi Kuroda's words. He nodded and said, "It's too easy for you to spend these RMB,"

Speaking of this, Zhang Qihang paused for a while, and then continued: "On the 25th of last month, your country's Trade Promotion Association compiled the trade data between the two countries in 1993 based on the customs clearance statistics of your country's Ministry of Finance. In 1993, the total trade volume between your country and my country reached 378.4 billion U.S. dollars, which was the highest record since the establishment of diplomatic relations between the two countries for the third consecutive year since 1991. Among them, the trade volume of your country’s imports from my country was 205.67 billion U.S. dollars. The total trade volume of my country's exports to your country is 172.73 billion U.S. dollars,"

Speaking of this, Zhang Qihang looked at Masayoshi Kuroda and said: "Although I don't know how much Mitsubishi Motors purchases from my country, even if Mitsubishi Motors does not need to purchase any items from my country, you can also use this RMB with those For those trading companies, wouldn’t it be more convenient to have RMB in hand?”

As for these trading companies that have exchanged RMB from Mitsubishi Motors Corporation, when they go to China to purchase goods, they pay directly in RMB. Whether the local government is happy with this is beyond Zhang Qihang's control.

Can this be done?
Hearing Masayoshi Kuroda's words, he was a little moved: If you say that, it seems that it is not impossible?
At the same time, Masayoshi Kuroda was still shocked.

He didn't doubt that there was anything wrong with the data Zhang Qihang said, but he just lamented that this guy was well prepared and even investigated the trade situation between the two countries in advance. What do you know?
But having said that, this also proves from the side that Huateng Industrial Group is fully prepared, and they have great sincerity for this cooperation, otherwise they would not have made so much preparation. Do so much research before.

(End of this chapter)