No regrets ninety-two

Chapter 865 The New President
"On January 1993, 1, Bill Clinton, the Democratic candidate who won the general election, was sworn in as the 20nd President of the United States in Washington and officially entered the White House..."

That night, as usual, after Wu Xiaozheng had dinner with his family, and as soon as he brought Wu Xiaoli and Zhuang Ningwen back to the apartment in the city, he was attracted by the news on TV.

When he heard the words Clinton, he immediately thought of Lewinsky.

In his previous life, the handsome 42nd president of the United States left the deepest impression on him when he was in office was the zipper door incident.

No way, when Clinton was still in office in his previous life, he was struggling for life and didn't care much about international politics.

It wasn't until after he made a fortune that he did a little research on Clinton's history.

He knows that, aside from the zipper door incident, Clinton can actually be regarded as a milestone political figure, whether it is for the United States or China.

"Why are you interested in the inauguration ceremony of the President of the United States? It has nothing to do with you, does it?"

Zhuang Ningwen interrupted his thoughts.

What she meant was that Clinton is the president of the United States and has little to do with China, let alone Wu Xiaozheng.

"Of course it has something to do with it. His China policy has something to do with how Wu's companies develop in the United States."

Wu Xiaozheng gave a passable reason.

It does matter.

You know, Wu Xiaozheng already has the heart to expand his business to the United States.

The export of related products of the Chef Wu Group, the establishment of a food processing factory in the United States, and the establishment of a computer research institute in the United States secretly...

These are actually closely related to the relationship between China and the United States.

Many people think that international trade and investment are very simple, just sell things or spend money.

actually not.

For example, in recent years, the reason why China has spent a lot of energy trying to rejoin the General Agreement on Tariffs and Trade is because of the trade barriers set up by Western countries led by the United States against China.

The trade disputes between China and the West, especially the trade disputes with the United States, have never stopped from the Bush era to the later Trump era.

This is actually quite a big constraint on the enterprise.

For example, if the food and drinks of Wu's company are exported to the United States, the United States will impose a 100% tariff on you at every turn, which will make the products of Wu's company uncompetitive in the United States.

Another example is Wu's company's investment in the United States.

If the relationship between China and the United States is in a state of tension, the United States may restrict the entry of Chinese capital, or restrict and punish Chinese-invested companies at every turn, which will make investors want to cry without tears.

Therefore, even the transnational behavior of enterprises has a lot to do with the relationship between countries.

"Then you are miserable. When Clinton was running for president, he accused the previous presidents of not being tough enough on China. It seems that after he took office, the relationship between China and the United States will become more tense." Zhuang Ningwen said with a smile.

She seemed to be gloating, but her original intention was to hear Wu Xiaozheng's opinion on this.

She has already realized that once on a formal topic, if Wu Xiaozheng can express his opinion, it will give her a refreshing feeling.

Wu Xiaozheng decided to fulfill her wish.

"You are too young and naive!"

The first sentence made Zhuang Ningwen very depressed.

You are much younger than me!
"A politician's words, like a woman's oath, are untrustworthy. The key depends on the interest relationship between countries."

The second sentence made Zhuang Ningwen even more depressed.

A politician's word, a woman's vow.

You compare the two together, it is definitely an insult to women!

But she had to admit that this actually made sense.

"Then you mean that Clinton's policy on China will not be too tough?"

The topic is more important, Zhuang Ningwen let go of Wu Xiaozheng's disrespect for women in his words.

Wu Xiaozheng nodded.

Wu Xiaozheng is very clear about the direction of history.

Indeed, during the campaign, Clinton did say that previous presidents were not tough enough in their China policies, including Nixon and Bush Sr.

However, after he took the stage, after detailed understanding, he found that the policies of the previous presidents were correct.

China's large population and huge market demand cannot be rejected by the United States, which is in a recession.

The recovery of the US economy depends on this new market.

Therefore, in September 1993, Clinton officially launched a "comprehensive engagement" policy toward China, hoping to develop a comprehensive relationship with China.

Moreover, he believes that a strong, stable, modernizing and prosperous China is more in line with the long-term interests of the United States.

At this time, Clinton had bid farewell to the idea of ​​"being tougher on China".

Because of this, during Clinton's tenure, although he has been causing troubles for China, including linking most-favored-nation treatment with China's "human rights", it also includes launching missiles at China's Yugoslav embassy.

But generally speaking, his promotion of Sino-US relations is positive.

During his tenure, although China was repeatedly made things difficult, it finally joined the World Trade Organization, which replaced the GATT.

The trade between China and the United States has also developed substantially.

In 1992 before Clinton took office, the annual trade volume between the US and China was 332 billion US dollars. By 1998, it had rapidly increased to 855 billion US dollars. By the time he left office, the annual trade volume between China and the United States had reached nearly 1000 billion US dollars. .

Numbers speak for themselves.

Wu Xiaozheng also knew an anecdote.

It is said that China has also set up a special treatment for the US president, called "red carpet" treatment.

It means that as long as the previous US presidents have made special contributions to the development of Sino-US relations, they will enjoy the highest VIP treatment in China for life, and they will be greeted with a red carpet when they visit China.

In history, four American presidents have enjoyed such treatment, namely Nixon, Carter, Reagan, and Bush.

Clinton is fifth.

The Chinese are loyal, and for China, "Once a friend is a friend, a friend forever."

This is enough to explain Clinton's role in promoting Sino-US relations.

In fact, China has been able to develop rapidly since 92. In fact, it has a certain relationship with Clinton.

It is precisely because of the "comprehensive engagement" China policy launched by Clinton in 93 that American companies also began to invest heavily in China, which to some extent also promoted China's development.

This is why Wu Xiaozheng dared to go out boldly and actively went to the United States to introduce internationally renowned brands.

An era of development and exchange has begun.

This is also a huge opportunity for Wu's enterprise.

(End of this chapter)