Chapter 8 Reception
"Every time I go to the United States, I feel like a poor man." Chen Chong said in a hard hat, looking at the huge Boeing 74 in the assembly: "Three months ago, I was a rich man with hundreds of millions of dollars, and now, I am a big loser who owe hundreds of millions of dollars to the bank. From heaven to hell, it only takes 100 days to go from heaven to hell.
"In the United States, whether it is an individual or a company, you don't owe money from the bank, which means you are not successful enough." A tall man with a striking hook nose smiled and said, "Mr. Chen, I want to congratulate you, you are a truly successful person now."
This is a joke, but the Chinese people around him did not laugh, but instead expressed their serious expressions. For Americans, the money owed to the bank is not considered owed at all, it is just to consume future income in advance. But for Chinese people in 1UR0 years, debt is always bad. Chen Chong said that he owed hundreds of millions of dollars, which was a bit scary.
Chen Chong looked back at the expressions of everyone and said to the man: "Mr. Wilson, Boeing is so successful, he must have owed the bank a lot of money?"
"Of course, of course." This tall man was Wilson, chairman of Boeing. He smiled and said: "We owe tens of billions of dollars. Every plane here, and this huge factory, is built with bank money."
"So, I have to work harder to borrow money in the future." Chen Chong laughed and said, "When I borrow 10 billion, I will definitely be able to enter the Fortune 500 in the world."
At this time, the Chinese people realized that Chen Chong was joking just now, so they also laughed. These people were sent by the Civil Aviation Administration of China to the United States to negotiate with Boeing to rent a plane.
During the Spring Festival, Chen Chong and Wu Ziming talked about the concept of "financial leasing". After he returned, he immediately attracted the attention of his elders working in civil aviation in the family.
After the reform and opening up, more and more foreigners went to China, the domestic economy began to become active, and more and more people traveled long distances. The construction of roads and railways in the mainland was very imperfect, and aircraft were the most efficient passenger transport tools. However, most of the old aircraft in the 1960s have limited range and insufficient passenger capacity, which could not meet the needs of the new era. New aircraft models were urgently needed.
When Deng visited the United States in 1979, he made a special trip to Seattle to visit the Boeing headquarters, a six-story 747 assembly workshop, which left a deep impression on him. Shortly after the visit, his superiors approved the plan of China's civil aviation to purchase three Boeing 747s.
However, a 747 sold for more than US$20,000, and civil aviation could not afford it. It dragged it over and over for half a year, but no solution was found. Shen Chong's words just opened a new idea for civil aviation.
Aircraft financing leasing is a leveraged leasing model. Simply put, the lessor only pays a portion of the funds to purchase the aircraft. The remaining money is used by the aircraft as collateral and borrows from banks or other financial institutions, and then rents the aircraft to the airline. The lessor can make profits through rent and various tax preferential policies, the bank can charge interest, and the airline can quickly improve its business capacity through this method.
This financial investment method first emerged in the United States and developed rapidly after the RU era. In the 1990s, it became the first choice for major airlines around the world to purchase aircraft. Before the previous life, I read a report that China's civil aviation purchased more than 700 aircraft from 19 RU to UU, of which the K was rented. In the 21st century, almost 90% of the aircraft were rented. Financial giants such as Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China, China Merchants Bank, and Bank of Communications all established special aircraft leasing departments, with annual turnover of up to tens of billions.
Shortly after the Spring Festival, Boeing Chairman Wilson visited Beijing and was received by Mr. Deng. Boeing had its own financial company. In order to seize the Chinese market, during the talks, he was willing to support China's civil aviation in the way of financial leasing to introduce Boeing 74 with the best plan. In this way, everything is ready, and only one lessor who pays the down payment is missing. In this case, he was the first to propose the concept of "financial leasing", had a good relationship with the mainland's senior management, and had high-quality assets in the United States, so he became a candidate that both parties were satisfied with.
Before the Academy Awards ceremony, Wu Ziming brought the meaning of senior executives to Hong Kong. Chen Chong did not frown and immediately agreed to fund his help.
Aircraft financing leasing is profitable, stable income, and broad prospects. China's civil aviation is a monopoly administrative department, with national credit as endorsement, and doing business with it is completely risky. If you help this, you can not only sell personal favors, but also make a fuss and establish your image as a super rich man.
Buying a Boeing 747 requires UU, but according to the leasing plan, the down payment is only three aircraft, and the down payment is only 15UU, which is no pressure for Shen Chong. However, the Boeing 747 is the most famous aircraft in the world, attracting more attention than luxury yachts. It is absolutely high-end, atmospheric and high-end. Financial leasing is an emerging financial concept that ordinary people don’t understand. When the three 747s arrive in Hong Kong, people will only say: "Look, Shen Chong bought 3 Boeing 74s."
Who doesn’t talk about this? Who doesn’t look up?
When wealth and fame reach a certain level, he can be on par with anyone, and no one dares to ignore what he says, even if he is a national leader.
And to help this, his private plane was hosted in Guangzhou, which was just a matter of one word.
In order to celebrate the agreement and successfully sign the contract, after visiting the assembly factory of the Boeing 747, Wilson held another grand dinner. The three planes were small businesses for Boeing, but this business means that the Chinese aviation market is really open to American companies, and has special political and economic significance. Therefore, not only Boeing's senior executives attended the meeting collectively, but some politicians from Washington and Seattle also came, and even the White House sent special envoys to participate.
At this dinner, Chen Chong saw the politician he wanted to make the most, not the future President Reagan, but a Chinese woman, Chen Xiangmei.
Chen Xiangmei is Liao Chengzhi's niece, and her grandfather is Liao Zhongkai's biological brother. Liao Chengzhi came to the United States for surgery, and she arranged food, clothing, housing and transportation. It was just a coincidence that Chen Chong didn't see her every time he visited Liao Chengzhi.
Chen Xiangmei is a very active Chinese in the American political arena. In 1947, she married Chennard, the "Flying Tiger General" who came to China to fight against the war. After Chennard died in 1958, she moved to Washington in 19UU. In 198, she accepted the invitation from President Kennedy and became the first Chinese to work in the White House. After Kennedy was assassinated, she joined the Republican Party and made great contributions to Nixon's presidential election in 1920. In 1940, she was appointed as the administrative committee member of the Republican Party and vice chairman of the finance department of the United States. In 1970, she became the vice president of Flying Tiger Airlines and the first female vice president of American Airlines. In 1920, Nixon's visit to China and the establishment of diplomatic relations between China and the United States in 1979, she made great efforts.
Since 1978, Chen Xiangmei has paved the way for Reagan's election for president and is one of Reagan's core advisers. As we all know, Reagan was once a Hollywood actor. After taking office, he not only attended the Oscars, but also introduced many policies that are beneficial to Hollywood, which made the originally half-dead American film industry flourish again and swept the world in the 1990s.
As a Chinese, even if Chen Chong is rich, he cannot influence Reagan's ruling policy. He wanted to make friends with Chen Xiangmei just to mix things related to Taiwan.
Reagan is a Republican and belongs to the Conservative Party. His campaign slogan is very tough and he is regarded as a fighting member who destroys peace. After he was elected president, he was worried that China would have misunderstandings about his governing style. So as soon as he took office, he immediately sent Chen Xiangmei as a special envoy to Beijing and sent a handwritten letter to Mr. Deng to explain his governing policy. When Chen Xiangmei returned to the United States, he took another letter oral from Soong Ching Ling, written by Liao Chengzhi. In the letter, Soong Ching Ling asked Soong Meiling to return to Shanghai. The two sisters reunited, but before Soong Meiling could reply, Soong Ching Ling passed away...
This is a very interesting thing. Chen Chong felt that it could be used to make use of it - the most legendary sisters in China in the century reunite after 40 years. Just thinking about it makes people fascinate, not only for its historical significance, but also for its massive political and economic interests.
Of course, this matter is very difficult to deal with. Soong Ching Ling is in poor health and has not had much time. Soong Mei-ling will never return to the mainland no matter what, but it is better to try than not. This kind of thing is to plan things in people and succeed in heaven. Even if it is not done in the end, there are many benefits.
After chatting with Chen Xiangmei for a while, she asked, "Mr. Chen. Who do you prefer the most among the Republican presidential nomination candidates?"
The Republican Party nominated a total of ten presidential candidates, but the two main competitors are Ronald Reagan and George Bush. Polls show that their support ratings are equal and each has its own advantages. No one can predict who can win before the Republican National Convention in July and represents the Republican Party in the US presidential election held in 19RU in 19RU.
But Shen Chong is the time travel party, and of course he knows who is the big winner. He said firmly: "Reagan, of course Reagan."
"Why?"
"No reason." If you really discuss politics, Chen Chong is definitely not a rival to the veterans in politics. He held a champagne glass and said with a light smile: "I heard that when Reagan was the governor of California, he bought a commercial private plane as a tool for official travel, and became the first governor in the United States to use airplanes as an administrative means of transportation. I like planes, so I like him. If I have the right to vote, I will definitely vote for him."
It was very pleasing to say such things at Boeing. Several people around laughed. Chen Xiangmei raised her wine glass, touched him for a while, and said, "Mr. Chen, you are so funny."
"I also like planes, but I support Bush. He has been a member of Congress, the director of the CIA, and has served as the U.S. representative to the United Nations and the U.S. ambassador to Beijing. He has a lot of diplomatic experience, especially knowing China, and the economic policies in the campaign plan are very mild." Wilson took a sip of champagne and said: "Reagan's policy is too radical and may cause further economic turmoil. The U.S. economy is now stagnant, which is very bad."
"Mr. Wilson." Chen Chong looked at Chen Xiangmei who was thinking and said, "In our China, there is a saying that uses severe medicine for serious illnesses. The US Treasury bonds are now close to trillions of dollars, inflation is as high as double-digits, and bank interest rates are as high as more than RU and more than 00,000 people are unemployed. The wage level has been declining continuously. They are already seriously ill. Without fierce means, they cannot solve the problem. This is like having cancer. Enduring the pain for a moment, undergoing surgery to remove the tumor, and being able to recover health in the future. If you keep using mild treatments and dragging them down, if the cancer cells spread, it will be dead."
"But Reagan has made many fierce anti-communist remarks. I am worried that after he becomes president, he will take a tough attitude towards China. You know, American airlines are losing money, and we urgently need to explore the international market."
"I'm not worried about this at all." Chen Chong smiled and praised Chen Xiangmei, saying: "Ms. Chen is the best Chinese policy expert in American politics. She promoted President Nixon's visit to China. Reagan chose her as his campaign aide. It can be seen that he attaches great importance to China's foreign policy. With Ms. Chen helping to provide advice, Sino-US relations will only get better and better, and our business will only grow bigger and bigger."
Chen Chong helped him several times and quickly gained the favor of Chen Xiangmei. After the cocktail party, she and Shen Chong exchanged business cards and said in Chinese: "Mr. Chen, if you have time in the future, you can come to Washington to sit. You have a good relationship with my uncle. We are a family friend. He once mentioned you and said that you are very talented in politics and business. You are the one in a million people. I didn't believe it at first, but when I saw you today, I realized that your reputation is worthy."
"Don't say that. Mr. Liao is teasing me." Chen Chong was modest. He put away his business card carefully and said with a smile: "Miss Chen, you are a legendary figure. I am very lazy. I may harass you every few days and listen to your story."
"Then I can't ask for anything." Chen Xiangmei laughed and said, "My children have grown up and moved out. They are so lonely. It's great that someone can chat with me."
Before she got into the car, she turned around and said, "Mr. Chen, you don't mind if I use the metaphor you just said?"
"Please use it casually," Chen Chong said in surprise, "that's just a simple and ordinary metaphor, neither new nor interesting."
"The bystander is clear, you just woke up the dreamer." Chen Xiangmei said seriously: "Mr. Reagan's economic policy is indeed a bit radical. The media and opponents are attacking him. Although your metaphor is simple, it is very appropriate. If used at the right time, I think it will have a good effect."
Chapter completed!