In fact, there is a misunderstanding here. The embassy knows that Mozambique is conducting a very large investment negotiation with China, but it has no idea to what extent it has progressed.
When I asked domestically, they only said that they were negotiating.
But the embassy ignored one issue, that is, the preliminary negotiating delegation was American, and this was why the embassy ignored it.
The reception banquet was very sumptuous. During the banquet, the President of Mozambique expressed regret that Yu Qingyang did not come. He also asked Wang Hongbo to convey his greetings and invited Yu Qingyang to visit Mozambique at an appropriate time.
Wang Hongbo also said that after the two parties sign a formal investment agreement, Yu Qingyang will come to Mozambique in person.
Today was just a reception banquet and no formal talks were held. After all, Wang Hongbo and the others had been on a plane for more than 30 hours.
I need to catch up on jet lag and need some rest.
After the banquet, the President of Mozambique personally sent Wang Hongbo out of the presidential palace.
Stefano Morrone sent Wang Hongbo and his party to the Polana Serena Hotel.
This is a five-star hotel built in 1922 with a history of nearly a century. It is also the most luxurious jazz hotel in Mozambique.
The Polana Serena Hotel, located on the Indian Ocean coastline, has been carefully renovated. The European colonial style and the local Mozambican style are perfectly integrated. It is nestled among the palm trees and has a unique exotic style.
Polana Serena Hotel has always been Mozambique's exclusive hotel for receiving distinguished foreign guests. It has hosted diplomats, politicians, and heads of state.
Ambassador Li Xiangnong also followed him to the Polana Serena Hotel.
After Stefano Morrone said goodbye and left, Li Xiangnongcai solemnly asked: "Comrade Wang Hongbo, I hope to know some specific details of this investment, of course not including commercial secrets!"
"Ambassador Li, the situation is like this..." Although Wang Hongbo was curious as to why the embassy in Mozambique didn't know that the negotiations had been going on for seven or eight months, he still went through some details of the investment.
"Are you saying that the Export-Import Bank of China was unwilling to bear the risk in this investment, so it was passed on to you, and that led to this investment?"
"Yes! President Wang from the Export-Import Bank of China found our chairman through personal relationships and hoped that the chairman could help him share risks!
After our chairman sent someone to inspect Mozambique’s customs, customs and political environment, he decided to accept this investment!
After eight months of negotiations, we finally reached a consensus with Mozambique..."
"You have sent people to Mozambique for inspection before? Why didn't you contact the embassy?
We can provide more authentic and reliable information, and it is also our responsibility and obligation to help domestic companies investigate investments!"
"I don't know about this, because the chairman of the board is personally responsible for the preliminary inspection and negotiations!
Our group’s subsidiary in Africa sent people to take charge of the preliminary inspection and negotiations!”
"Do you have a branch in Africa?" Li Xiangnong was even more surprised that the unknown Hua Yu actually had a branch in Africa.
"It's not a branch, it's a wholly-owned subsidiary! Huaihai (Africa) Building Materials Co., Ltd. and Huayu International Security Company are both our wholly-owned subsidiaries in Africa!" Wang Hongbo corrected.
"Huaihai (Africa) Building Materials Co., Ltd. and Huayu International Security Company are your subsidiaries?" Li Xiangnong was even more surprised. These two companies are famous in Africa, and he has naturally heard of them.
It's just that it's not connected with Wang Hongbo and the others.
"Yes!
By the way, for this investment, our Huayu Group has split up and established a new group joint-stock company!
Huayu International Development Group Co., Ltd.!
Huayu International Security Company and Huaihai (Africa) Building Materials Co., Ltd. have been included in the new group company!
I am the general manager of Huayu International Development Group!" Wang Hongbo introduced himself by the way.
At the beginning, the new group was planned to be called Africa Development Group. Later, after absorbing many shareholders of central enterprises and state-owned enterprises, everyone felt that calling it African Development Group would be more grand than calling it International Development Group. Yu Qingyang also did good things and changed the company's name to Huayu International.
Development Group.
Li Xiangnong always spoke to him in a questioning tone, which made Wang Hongbo feel a little uncomfortable.
Li Xiangnong smiled bitterly in his heart, these people in China are too capable, right?
Isn’t it just a loan task?
Since the country has agreed to lend money to Mozambique, the issue of fund security is not the focus at all.
As a result, a lot of things have to be done for the sake of financial security.
After understanding what happened, Li Xiangnong felt a little hot. In the final analysis, the matter was inseparable from their embassy.
After all, it was their embassy that was the matchmaker in the beginning. Although it later went a bit deviating from their expectations, the final result was good.
The investment of US$20 billion, which occupies one-tenth of Mozambique’s land area, was brokered by their embassy.
What a great achievement is this?
This is not the point. Once the investment is officially reached, the work of their embassy will become very easy.
"Mr. Wang, if you have any questions in Mozambique, you can contact our embassy. We will do our best to provide all necessary help!
Help you complete your investment in Mozambique!”
"Thank you, Ambassador Li! I guess I will have to trouble Ambassador Li in the future!"
When we go abroad, the embassy is our support!"
"Haha! Mr. Wang is so polite! It is my duty to help you!"
Li Xiangnong did not stay in the hotel for long. After understanding the cause and effect of the incident, he said goodbye and left.
He wants to go back and report to the country.
After Wang Hongbo sent Li Xiangnong away, he also called China to report that he was safe.
It's now around two o'clock in the afternoon, while in China it's around eight o'clock in the evening. Yu Qingyang hasn't gone to bed yet and is coaxing his son.
"Chairman, we have arrived in Mozambique safely!
The President of Mozambique just came to greet us personally, so he did not report to you that he was safe in time!"
"Haha! Thank you for your hard work, Mr. Wang! I am relieved that you arrived in Mozambique safely!
Don’t be anxious next time, just do what we said before!”
"clear!
By the way, Chairman, I just met the ambassador of our country’s embassy in Mozambique!
He seems unclear about our investment in Mozambique, and is a little unhappy..." Wang Hongbo told Yu Qingyang about Li Xiangnong.
"Oh! It's okay, don't worry, they don't understand the situation, it's because the Export-Import Bank has a communication problem with them!
The responsibility is not on our side!" Yu Qingyang comforted with a smile.
"OK!"
"You should seize the time and take a rest! We are jet-lagged. If you have any questions, please call us immediately!" Yu Qingyang explained again before hanging up the phone.