Siheyuan: My Northeastern Farmhouse

Chapter 538: Vigorous Promotion
"What's going on?"

“This is destroying our wage system!”

"Besides, what are they going to do now? They're going to buy land and start building houses?"

“What should we do if they continue like this?”

"We state-owned factories don't have that much export profit!"

The cadres' suggestions and advice flew to the top like pieces of paper.

"Why did the workers boycott two joint-venture textile and clothing groups at the beginning and then sincerely support them?"

“Have you ever thought about this question, comrades?”

"Of course they brought advanced management methods?"

"Oh, but why did I hear that they are implementing the Anshan Constitution?"

"Two ginseng and one are combined into three!"

"Should we continue to issue documents to promote this good management method?"

"."

It's over.

Gu Weijun and Liu Feng, the two factory managers of Beijing Second Automobile, were strolling in the factory in the western suburbs, and they were amazed at the well-maintained machining equipment on the production line.

"Director Gu, you led us to accomplish all of this back then!"

“It’s a shame that after all these years, we’re still using these devices.”

Gu Weijun wiped the machine tool, which was free of dust. He turned around and comforted him, "Old Liu, after all, we were blocked by two big countries in terms of technology before. We could only rely on self-reliance. Then, under the highest instructions, didn't we also introduce a lot of technology?"

"Isn't that how Second Automobile Works in Shiyan, Hubei, developed?"

“It’s just that we haven’t invested that much in recent years.”

"You know, it was the result of the joint efforts of our entire factory, as well as the teachers and students of Tsinghua University. We don't have that many technicians in the future."

Gu Weijun stood in the empty workshop, looking at the tall tower crane, "Old Liu, is the Anshan Constitution still being implemented in the factory?"

"."

Gu Weijun sighed and turned to walk towards the workshop entrance. "This time, the joint venture between Beijing Auto and American Auto has been finalized."

"So the joint venture between Beijing Second Automobile and UK's Rover will be approved soon."

"The production line in Hong Kong will be gradually transferred here, so please pay attention to receiving it."

"After the joint venture, the Anshan Constitution will be reactivated. You two are my old comrades and old friends, so I will not hide it from you."

"I am the leader of the joint venture company behind Beijing Cotton, so the joint ventures behind Beijing-Chengdu Second Automobile Works will follow the same path."

"If you two can voluntarily give up your administrative level, then you can continue to stay and implement the Anshan Constitution. If not."

"Let's meet early and leave early."

The 80s was the first year of Sino-foreign joint ventures in automobiles. Beijing Auto, Shanghai Volkswagen, FAW-Volkswagen, Tianjin Auto, Dongfeng, etc. all joined the ranks of joint ventures.

After agreeing on the general direction of the joint venture, Gu Weijun put the three automobile companies he bought from the UK aside.

Then we arrived in Japan.

How does Buffett make money?
Borrow money from Japanese banks without collateral to buy Japanese stocks. After selling them, convert the profits into US dollars and transfer them away, and also make money from the exchange rate!
He is indeed an expert among experts.
As early as the 70s, Gu Weijun used companies in Hong Kong and the United States to slowly build up his presence in Japan. After so many years, it is finally time to reap the benefits.

"Miller, how many positions have you established in the Japanese foreign exchange market?"

"Boss, I have built 10 billion US dollars!"

"Hmm?" Gu Weijun slowly turned around from his boss chair. The French window behind him faced the Japanese Mount Fuji. After blowing out the smoke rings from his mouth, he pointed at Miller with the hand holding the cigar, "Position?"

"You call 10 billion US dollars a position?"

"Are you kidding me?"

"Where is this place?"

“It’s the foreign exchange market!”

"A mere 10 billion US dollars is not even a ripple. Keep increasing the stakes until it reaches 100 billion!"

"This time we are following the US government to make money!"

"What time is it in the United States now?" Miller wiped his sweat, "Boss, it's already September 9th."

"Okay, I'll give you two weeks, can you do it?"

"No problem, boss!"

"Bao Wenling, you are mainly targeting the secondary stock market of Japan. How much money and stocks have you borrowed from Japanese banks?"

"Boss, we have already reached loan and stock agreements with Mitsui, Sumitomo, Mitsubishi and other banks. The total amount has now reached 60 billion US dollars."

"Very good, Bao Wenling, continue to contact these banks. If necessary, you can exchange the previously borrowed stocks for banks as collateral. Continue to borrow, and the minimum requirement is 100 billion."

"Roger that, boss!"

"Very good, go for it"

"Remember, the future is ours!"

Two weeks passed in a flash. In New York, the finance ministers of the United States, Japan, Britain, Germany and France, all stepped out of the Plaza Hotel with smiles on their faces.

Answer the press conference together.

"As the five major economies in the world today, we have reached an agreement!"

“We will vigorously promote intervention in the foreign exchange market, induce an orderly depreciation of the US dollar, and promote greater development of free trade in the world!”

"Pa pa pa!" All the reporters at the press conference did not save film and took photos crazily.

Just after the press conference, the US dollar fell and the Japanese yen rose, appreciating by 30% in just one week.

"Hurry, keep selling!"

“We want to sell all the yen we have.”

“How many buyers are there in Singapore’s trading market? Quick, contact them!”

"How much did it sell for in the Japanese trading market? 30 billion US dollars!"

“Sell fast!”

"quick!"

Tanaka, the Japanese Ministry of International Trade and Industry and secretary to the Prime Minister, was working on the report in his hand, nodding continuously.

"Oh, that's great. The appreciation of the yen is very important for us to expand our economic presence in the world!"

"Mitsui & Co., Mitsubishi Corporation, Sumitomo Corporation, are you all ready?"

"The first step is to control the world's mineral resources!"

"Mitsui & Co., your direction is iron ore; Mitsubishi Corporation, your direction is oil; Sumitomo Corporation, your direction is copper and non-ferrous metals."

"Hi!"

"Yoshi, come on, guys!"

"Hi!"

“Have you bought the shares of Australia’s Rio Tinto and Brazil’s Vale?”

"bought it!"

"Well, let's buy the prospecting rights for this place from Australia!"

"understand!"

"Don't touch the oil in the Middle East. Our target is Indonesia. We want to buy not only the oil but also the local copper mines and squeeze out Shell and the others."

"And the copper mines over in Chile."

"After the devaluation of the U.S. dollar, the development of the world economy is our opportunity. Raw materials will have great development for at least 20 to 30 years."

“We need to speed up the process of converting all the money we earn from foreign exchange into minerals and resources.”

"Jane, you're lucky you're American"

"Of course, Constance, it's a good thing you're French!"

"Why, dear?"

"It's simple, because they don't dare to sell Chinese people"

(End of this chapter)