Rebirth 79: I opened a bank in the United States

Chapter 321 The Chance of Early Entry

"It's hard to say, I should just go and have a look this time. I don't have much cash in my hand now, if you don't count the cash deposits in the bank. Damn, I can't embezzle this money at will. The money that can really be used is actually not much."

"Doesn't HT plan to open there? If you go now, you can be regarded as the first American chain restaurant on their land, and their operating costs are very low. As far as I know, according to the official exchange rate, now we One U.S. dollar can exchange them for 1.7 yuan, and if it is on the black market, it will be higher, and there should be a gap of four to five times."

Picking up the coffee on the table, Jimmy worried that Carter didn't understand the market, so he introduced in detail:
"However, I don't recommend you to do this. Apart from the risks, it will also give people a sense of stinginess. It is not good for your business to spread. If you can spread it in a large area, it will inevitably help you in terms of policies. Where is this? All countries are the same."

"Even if calculated at the official exchange rate, [-] US dollars is enough for you to buy a large store in the golden business district of the capital of China. Add in the gimmicks of American brands, and even the first American With the reputation of the restaurant, business should not be a problem.”

"I understand what you mean, but I still don't plan to let HT enter the internationalization so early. Because my supply chain can't go through, if the cost doesn't come down, it will be separated from our local business image. It's like, It is an ordinary brand here, but it becomes a luxury in another place.”

Thinking of the days when eating KFC as a child was considered too extravagant, Carter directly shook his head.In addition to personal dislike of this kind of differentiated operation style, on the other hand, are KFC and McDonald's doing that right?

Carter does not deny that they made a lot of money in the first few years, or even the first ten years.But also because of this positioning, they have no way to seize the broader mid-to-low-end market.But can food like burgers and tacos really stabilize its position as a high-end restaurant?
Marketing is important, but marketing cannot change the essential value of the product!

"Originally because of the exchange rate, even if you want to ensure stable revenue, ht's tacos will not be priced too low when they enter the Chinese market. Well, for Chinese consumers, if at this time, the supply cost increases Big, the final price will totally exceed what it should be for a fast food!”

"I know that the value of a commodity sometimes does not correspond to the price, but it should also have an appropriate range of activity. If the price of the commodity greatly exceeds the value of the commodity itself, then this business will be difficult to do for a long time. After all , you wouldn't bring ten dollars to buy a McDonald's meal, would you?"

"It depends on how you choose. I'm not a businessman. I can't say well about commercial matters. I can only give you some suggestions. They are seriously short of foreign exchange now, and the major capitals are still waiting to see them. You and I are not the only ones who can see the vast market, so you should pay attention to this."

Jimmy spread his hands and declined to comment on Carter's ideas.But as he said on the way, he was willing to help Carter, so just listen to Jimmy continue to say earnestly:

"If they want to develop their economy, it must be inseparable from more efficient production. And this requires more advanced equipment and technology. They have to buy from us and learn from us. In the process of purchasing and learning, they need foreign exchange But you believe my judgment, their thirst for foreign exchange, or the time they are very dependent on, will not be too long!"

"It is conservatively estimated that in about 20 years, their dependence on foreign exchange will be greatly reduced. China, which has a huge market, has a very strong foreign exchange earning ability. There is no possibility of overtaking. Once those big crocodiles leave the field, they can bring with them far more capital, technology, and equipment than you. At that time, it will be very difficult for you to get a good return!"

"I also understand this, and I will find a way to raise some funds to go there. Even if I don't open a restaurant, I should buy some land with potential in the future. Whether it is for personal use or waiting for appreciation in the future, it is a good choice."

Carter nodded. Historically, foreign capital entered China very quickly.From the mid-80s to the 21st century, the amount of foreign capital pouring into China is simply astronomical.

If you really wait until that time to enter the game, it is obviously too late!After all, at that time, no one would be short of your three melons and two dates. Whether you have it or not, it doesn't really hurt.

But it is still 81, even if it is one million US dollars, no, maybe 10 US dollars, it is enough to make China pay attention.This kind of help in the middle of the snow obviously has a completely different effect from waiting for him to mature in the future!
Just in this way, it will undoubtedly make my cash flow, which is not rich, worse again!At least, in terms of credit cards, the plan of getting the merchants first is completely impossible to implement.
With a complicated mood, he finished his lunch at Carter's Farm with a twisted expression, and Carter hurried back to Douglas.The time to go to China is undecided, but I guess it should be a few months.For such a big matter, it must be communicated with Goodman.
"What?! Invest in China?! Are you okay?"

Listening to Carter with a smile about the process of getting in touch with Jimmy, Goodman was very happy.Especially when he heard Jimmy's recognition of Carter, he felt a sense of pride, but when he heard that Carter promised to go to China with Jimmy, he was in a hurry:

"We haven't finished the project at hand now, you go to invest in China again? Unfamiliar environment, unfamiliar policies and regulations, strange management personnel, what are you going to do there? No, it's not what you plan to do, but what they can do what?!"

"There are no good projects for now, but I can win a good location! Don't worry, I will find a way to solve the problem of money!"

"How can you solve it? The most valuable thing in your hand is HT company. Are you going to sell it?"

"No, no, I won't sell it."

He repeatedly waved his hands to dispel Goodman's worries, but before the other party could breathe a sigh of relief, Carter added another sentence:
"Most selling stocks."

"You must be crazy! You sell the stocks that are about to rise here, just to buy some land that doesn't know how to see returns in the monkey year?!"

Goodman was short-tempered, and deeply doubted if he praised the baby yesterday, and praised the baby too much?

Why did she turn around and start acting like a demon again just as she started to calm down a little bit!

"Don't worry, their land will appreciate very quickly! And I talked with Mr. Carter, and he provided me with some information. We will be the only ones going to China, and I heard that there are also people from Europe who are invited, and it seems that there are also Japan. people."

"I believe this is just the first batch of visitors. When we come back, more foreign capital will come in. I will observe the specific situation. If everyone shows a strong willingness to invest, then we will grab the investment in advance." Some great locations!"

"In this way, even if China's development is slow for a while, we can sell these lands and shops to these foreign investors! There will be no loss, don't worry!"

(End of this chapter)