Facing Liu Meijia's big flashing eyes, Fu Zhengyi looked at the cone of ice cream and marshmallow in her hand, took out a ten-dollar banknote from her wallet, put it in the donation box, and watched the brooch being pinned on her chest by the cute little girl.

Seeing that he didn't want the little girl to put one on his chest, Liu Meijia laughed. "Don't do this, these children are raising funds for people who have lost their homes on the West Coast due to the earthquake..."

Seeing that the little girl with a blond hair and blue eyes and a pleasant smile on her face, she was listening hard, Fu Zhengyi laughed. "Please! How old is this little girl? She looks like she is seven or eight years old at most? She came out to raise funds at such a young age? And she was on Rodeo Avenue? Her parents were not worried that such a cute little girl would be abducted from her?"

Seeing the little girl staring at the marshmallow in her hand, looking coveting but holding back, Liu Meijia stuffed the cone in her hand into his hand, and tore a large piece from the marshmallow and handed it over. The little girl expressed her gratitude seriously, but rushed to a car not far away happily. Liu Meijia waved to the foreigner who stuck his face out of the car, then grabbed Fu Zhengyi's arm and smiled. "Do you think it's easy to raise funds here? This is Rodeo Avenue in Beverly Hills. I want to be here

There are too many activities, and the city hall only allows some special circumstances. In addition, the parents of these children are hiding in the car next to them, or observing in shops around them. If you have any evil, the police car will rush to you in minutes. The United States has a severe blow to children trafficking. If someone commits a crime, the whole city of Los Angeles will even block and search the whole city. TV stations and radio will continue to broadcast related situations, so that criminals can be trapped in the ocean of the people, and they can only surrender..."

Taking out the tissue, she wiped the corner of Liu Meijia's mouth, and Fu Zhengyi held her in her arms and said, "Don't worry, China will do this sooner or later. The development of smartphones has entered the final public relations stage. If it is sooner or later, it should be able to produce and put into the market in large quantities next year. A communications change is about to break out, and this will be a market of over one trillion yuan. Wall Street will regret it because of its previous conservatism!"

Liu Meijia curled her lips. "You are still struggling with the fact that Weizhi's mobile phones are rejected in the United States? The problem is that the conditions you have issued are too harsh. If the R&D department is not included in the listed company, how can the profits of the production and sales department support a manufacturing company with a market value of US$200 billion? Besides, you are unwilling to meet the requirements of investment banks to participate in shares, so they naturally refuse to let your company go public here..."

"Don't underestimate manufacturing companies! Without manufacturing companies, Internet companies will no longer have the meaning of existence. Everyone will develop a virtual economy and without real physical companies. In the end, it will be a red ocean! Endless exploitation and competition, homogeneity leads to not survival of the fittest, but cruel human cost competition..."

As the president of Jiamei Bank, there is a difference in the management model of the banking industry and the management model of the manufacturing industry. Liu Meijia reads a lot of professional books and is even considering whether to study in the business school system. Therefore, he is puzzled by the new word he mentioned. "Red Ocean? What does it mean?"

"The existing market consists of two types of oceans: the Red Sea and the Blue Ocean. The Red Sea represents all industries that exist today, that is, the market space we know; the blue ocean represents industries that do not exist today, which is the unknown market space. In the Red Sea, the boundaries and competition rules of each industry are known to people. As the market space becomes more and more crowded, the future of profits and growth becomes dimmer. The cruel competition also makes the Red Sea more and more bloody. In contrast, the blue ocean represents the market space that needs to be developed, represents the creation of new demands, and represents the opportunity for high profit growth. Although some blue oceans are created entirely outside the existing industrial boundaries, most blue oceans are developed by expanding existing industrial boundaries within the Red Sea..."

Liu Meijia was stunned. "No, right? Have you raised management to the level of theoretical research?"

I thought about the red ocean and blue ocean, and I should say it was plagiarized. Fu Zhengyi shook his head and said, "It's just because of his feelings. The development of the domestic economy is very good. However, if you want to reach the level of developed countries in Europe and the United States, it is still a long way to go. But overall, when the smartphone market is fully opened, amp;nbp;namp;nbp;nbp;n will occupy more than half of the market share in the smartphone market, the boundaries of technology will fade, which will drive the further prosperity of the electronics industry. Only when enterprises get rid of the labor-intensive development model can they fully participate in international competition. Full competition will screen out companies with truly strong and development potential. Weizhi Technology is ready. I think Jiamei Bank should start to shrink at the end of the year, and it will definitely be more than welcome to another round of economic crisis..."

"You also believe that there will be an economic crisis every seven years?"

Fu Zhengyi nodded.

Seeing his serious expression, Liu Meijia realized that he was not joking. She pursed her lips and sighed. "But the housing mortgage market in the United States is very prosperous now. No matter what kind of bonds it is, it can be sold easily, and even packaged again to mortgage, insurance companies, rating agencies, and investment banks on Wall Street all felt that this was the prosperity that had just entered the financial industry, and it was still early for the bubble to appear..."

"In some aspects, I agree with Buffett's investment philosophy. When others are greedy, I must feel fear, so..."

Seeing that he didn't pay attention to the red light as he spoke, Liu Meijia hurriedly pulled him. "Be careful! The red light!"

Fu Zhengyi looked up and saw a single-decker truck passing through the intersection, but the outline of the model under the tarp was a bit strange. He moved his heart and asked if there was a car here?

"There is a large 4 store on the corner of the street. There should be a car show next week. I have an invitation letter..."

I always felt that the shape of the car under the tarp of the sedan car looked familiar, and Fu Zhengyi hesitated and said, "Next week? Can you know in advance which cars will be unveiled at the auto show?"

"If you want to know, then I'll arrange for someone to consult. I'm not very interested in the car. I haven't driven the Ferrari I bought before for a long time..."
Chapter completed!