Hearing Liu Jin's words, Xie Yunshan, Xie Feng and his son were immediately speechless. They were experts and could not hide anything from the other party. The other party knew everything clearly.
"It seems I can't hide it from sir."
"Yes, the textile industry is really in turmoil now. The competition is too fierce. The market has become extremely bad in recent years. Not only is it very difficult to sell, but the price has also reached the point where there is no profit at all. Many times
We will sell even if we lose money."
"My factory is only open for half a day now, and a large amount of goods are squeezed into the warehouse. If it can't be sold anymore, I will announce the closure of the factory."
"But I really can't bear to part with it. This factory in front of me is my hard work over the past decades. I have worked hard to build the factory to this point step by step."
"Even if I sell my house, stocks, manor, shops, land, etc., I will continue to operate it."
"Please sir, buy some cloth as much as you want. The price is up to you, sir."
Xie Yunshan almost knelt down in front of Liu Jin.
The factory in front of him is all his hard work, and he will never let it fall, even if it means kneeling down, he is willing to do so.
Selling at a loss will also result in a loss, because it can still be sold if it is sold at a loss. If it is sold, at least part of the funds can be recovered to keep the factory going.
He firmly believes that the market will slowly get better. As long as he can persist for a longer time, other factories will close down and the overall production capacity will be reduced. He will have more markets and can survive and continue.
"You tell me the current situation in the textile field in detail, and I will buy all the cloth in your warehouse."
Liu Jin looked at Xie Yunshan and saw that such a person would be an entrepreneur in future generations.
We cannot call them capitalists. Capitalists only pursue capital and have no feelings for the enterprise. They will abandon unprofitable enterprises without hesitation.
Entrepreneurs don't. They are full of emotions for their businesses and will find ways to continue running their businesses even in the most difficult times.
Entrepreneurs are full of emotions for their businesses, just like their own children. After decades of hard work, they have built the business in front of them. This is all their hard work.
"real?"
Upon hearing Liu Jin's words, Xie Yunshan and Xie Feng's eyes suddenly widened, as if they couldn't believe that the person in front of them actually said that they wanted to buy all their inventory.
Others may not know it, but they know it best. There are mountains of cloth in their warehouses. There are millions of pieces of cloth worth hundreds of thousands of taels of silver.
"To be honest, there are millions of pieces of cloth in our factory warehouse, worth more than 500,000 taels of silver!"
Xie Yunshan thought for a while and said.
His meaning is actually very clear. If he tells Liu Jin that his inventory is very large, the business of hundreds of thousands of taels of silver is a big business.
If you brag to the point where you have to eat it, it will bring huge trouble to Liu Jin.
During this period, people in the Ming Dynasty were still particular about doing business.
"It's just a few hundred thousand taels of silver, it's nothing."
Liu Jin smiled and seemed very indifferent.
For Liu Jin, let alone hundreds of thousands of taels of silver, even millions of taels of silver are still small amounts of money.
Liu Jin didn't care about this piece of cloth at all. The industries under his command could easily digest it. Among other things, just distributing uniform seasonal clothes to employees under his major industries would require a very large amount of cloth.
Liu Jin also has a textile company under his command.
The textile companies under Liu Jin are similar to Caiyun Textile Factory. They began to transform early. Nowadays, they mainly focus on brands, sports, and fashion, and the production of cloth has long been separated.
Digesting hundreds of thousands of taels of cloth is not a problem at all.
Of course, it has no impact on the entire Ming Dynasty's textile industry. If you buy cloth from Jinyun Textile Factory here, you will have to purchase less cloth from other textile factories there. After all, someone has to bear the responsibility.
Overcapacity means overcapacity. The textile industry produces too much cloth.
There are too many people investing in this traditional field.
Coupled with the large amount of cotton planting and sheep breeding around the world, the supply of cotton and wool has increased significantly, which has greatly increased global cloth production, exacerbating overcapacity.
According to the laws of market economy, after overcapacity, a large number of low-quality enterprises will be eliminated, and only enterprises with strong competitiveness can survive.
When the time comes, companies will close down, production capacity will be reduced, and market supply and demand will be restored to balance, eventually returning to normal.
But in this process, a series of economic crises may occur.
The collapse of a large number of companies will lead to a large increase in the unemployment rate, which will further cause the market to shrink, further aggravating the economic crisis, and eventually falling into a cycle, which will continue to spread to other industries, causing even greater problems.
economic crisis on a massive scale.
This is an inevitable law of the development of capital economy and is determined by the market.
The same is true for any industry. When it is profitable, a large amount of money and people pour into it, leading to a large increase in production capacity and supply exceeding demand. When this supply exceeds demand, there is a serious imbalance.
The industry will fall into a red ocean period, with extremely fierce competition, triggering an economic crisis, and a large number of companies going bankrupt, and eventually slowly returning to normal.
In fact, according to normal circumstances, the Ming Empire already had an economic crisis.
It's just that under Liu Jin's guidance, new industries have always emerged. The rapid development of these new industries has become a new force in the market.
On the one hand, it disperses investment in old industries, eases competition in old industries, and delays the onset of crises; on the other hand, the development of new industries drives a large number of jobs and consumption, and at the same time provides more opportunities for old industries.
Big market.
This is the reason why there has never been a real economic crisis in the Ming Empire, because there are always new industries emerging and developing rapidly.
These emerging industries, such as automobile manufacturing, petroleum industry, chemical industry, film and television industry, etc., are developing rapidly and attracting large amounts of capital investment. They have also driven the development of a large number of related industries, provided a large number of employment opportunities, and created a larger
economy.
However, the textile industry, the earliest developed industry, is now really unstoppable. There is serious overcapacity, and the textile industry will usher in an economic crisis.
Xie Yunshan and Xie Feng looked at Liu Jin. This time they really met the true god. The business of hundreds of thousands of taels of silver was actually said to be nothing. Who is this Mr. Liu? Such a big tone. Look at him here.
It seems like a trivial matter.
However, after the shock, the two of them became ecstatic in their hearts and began to introduce the current situation of the textile industry to Liu Jin in detail.
"Sir also knows."
"In fact, it is not just our Jinyun Textile Factory that is under-operated and has an extremely huge inventory squeeze. The textile companies in the entire Ming Dynasty and even overseas colonies and vassal states are similar to ours."
"The textile industry is really very difficult now."
"There are too many pieces of cloth produced, so much that the global market simply cannot digest that much cloth and cannot sell it."
"Everyone's situation is similar to ours. The inventory is heavily squeezed and it is difficult to maintain."
"Many people have had to close their factories, reduce production, sell cloth and machinery at low prices, and invest in other industries."
"As for the situation here in Nam Yun Province, I am most familiar with it. In the past, many trading houses would place large orders for us, so that the cloth could be sold without any worries. Sometimes, those trading houses would even make reservations with us in advance."
"But now, it's difficult to sell cloth to those trading houses. Those trading houses only place orders with companies that have a relationship with them."
"Other companies often fail to get orders. We in Ming Dynasty now mainly sell shirts. Cloths are sold to garment factories. Individuals rarely buy cloths anymore."
Xie Yunshan began to describe in detail the problems faced by the textile industry today.
What he said was actually similar to what Liu Jin knew. In the final analysis, it was serious overcapacity that triggered an economic crisis in the entire textile industry.
"It seems that this is a problem faced by the entire textile industry."
"In general, the production capacity is too large and the consumer market cannot keep up."
"Can everyone learn from Caiyun Textile Factory, which makes ready-made clothes?"
After Liu Jin heard this, he thought about it and said.
"We have also considered this issue, but garment manufacturing requires more technology, more equipment and better management. In addition, it also requires professional design and marketing, so the investment is even greater."
"We really have no confidence that we can do it well, and we don't dare to invest in it anymore."
"In addition, the competition in garment manufacturing is also very fierce now. A large number of enterprises have transformed into garment manufacturing. Only a few professional enterprises like Caiyun Textile Factory can survive. The others are actually very difficult."
Xie Yunshan thought for a while and said.
"So that's how it is. How can there be a complete egg under the overthrow?"
Liu Jin nodded after hearing this. It seems that Wang Shouren will be in trouble next. As the chief minister of the cabinet, the first thing he has to face is the current economic crisis in the textile industry.
This is a huge test, and there is no previous experience test to refer to.
You must know that in the past, when productivity was low, it was impossible for an economic crisis to occur, so there has never been any experience or lesson in this regard in history.
"You and Mr. Xie will contact you and buy all of Mr. Xie's inventory."
Liu Jin shook his head slightly and turned to give instructions to the housekeeper beside him.
"Thank you sir, thank you sir!"
When Xie Yunshan and Xie Feng and his son heard this, they were immediately happy and excited, and thanked them repeatedly.
