While Li Guangyu was holding a meeting here, in Tokyo, Japan, the heads of major Japanese consortiums were also convening meetings. The topic of this meeting was the Li Group.
Over the years, several major consortiums in Japan have used the Lee Consortium as an assistant to fight against the American consortium. Therefore, they have been getting along relatively harmoniously with the Lee Consortium in recent years, and they have also given the Lee Consortium a lot of help.
It's just that the increasingly expanding Lee Consortium has made them feel more pressure. The heads of the Sanwa Consortium and Mitsubishi Consortium have proposed to suppress the Lee Consortium more than once.
However, with the U.S. Consortium as a major enemy, and the Sumitomo Consortium being quite friendly to the Lee Consortium, no consensus was reached, and the Lee Consortium was not specifically targeted.
At this meeting, Toshihide Iwasaki of the Mitsubishi Foundation said: "The Lee Foundation has made many moves recently, and major groups have begun to go public. What is particularly important is that the Lee Foundation is deploying upstream and downstream industrial chains, hoping to get rid of its dependence on us.
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If we continue to allow the Li Group to grow bigger and stronger, we are likely to suffer consequences in the future. I suggest that we impose some restrictions on the Li Group from now on to eliminate the competitiveness of some of their groups."
In the past, they had always regarded the Li Group as their assistant and did not pay much attention to it. They felt that the Li Group was not on the same level as them and it would be quite easy to get rid of the Li Group.
Now it is beyond their imagination. Once the Lee Consortium and its allies complete the industrial chain and no longer rely on raw materials from the Japanese market, it will be very difficult for them to restrict the Lee Consortium.
What's more important is that Li Guangyu has established a Chinese Business Economic Mutual Aid Association, which makes them feel a strong threat. Once the members of this association can unite, they may not be able to suppress the Li Group if they join forces with several major Japanese consortiums.
Moreover, many companies of the Li Group and its allies have begun to seize their markets, especially some industries deployed by Baodao. In addition, Chunghwa Electric and Datong Electric have begun to compete with them for the mid-to-high-end market in Asia, which makes them quite
Not happy.
Now some elites from major Japanese conglomerates are beginning to reflect on whether they and others are right or wrong in focusing on the U.S. market and engaging in fierce competition with American consortiums.
Looking at the current Asian market, in addition to their own countries, many industries are occupied by the Lee Consortium. Major Korean consortiums are also developing rapidly, which has had a strong impact on them in the heavy industry.
If this continues, how can the Japanese consortium still lead the pack in Asia? Now they have to think about how to develop in the future. They don't want to breed tigers.
The current Li Group makes them feel this way. If they don't control it, they may really become their formidable enemy in the future.
Although Sumitomo Kirei has always had a good relationship with the Lee Group, both parties also control Wing On Bank. They also have a joint venture with a mobile communications company in Japan, and the two parties have many business contacts.
But the establishment of the Huazi Association forced him to think about the relationship between the Sumitomo Foundation and the Lee Foundation. This association was a huge threat to them.
Moreover, the Lee Consortium and its allies are also wooing the Korean consortium, and many merchant ship orders have gone to South Korea. This makes the Sumitomo family very dissatisfied. It has a shipyard under its ownership, so it can completely swallow these orders. As a result, this
This time they only got half.
He felt that it was necessary to give Li's consortium a beating, otherwise the Li's consortium would really think that it was the top overlord.
Sumitomo Qiying said: "Our main enemy at present is still the American consortium. If we don't suppress them, it will be very difficult for us to take a step forward. However, the Lee Consortium is also a quite big problem now. If we don't deal with it well, we are likely to
The situation of being attacked from both sides is very disadvantageous for us.
My personal opinion is to take a crack at the Li Group. For example, can we expedite the loans we gave them? This will reduce the funds of the Li Group and affect some of their plans for this year.
At the same time, can the Lee Group impose restrictions on our market, such as limiting the quantity and increasing tariffs on their movies, electrical appliances, games, computers, cars and other products?"
Listening to Sumitomo Qiying's opinion, the personnel of Mitsubishi, Sanwa, and Fuji consortiums were very happy. They had long hoped to suppress the Lee Consortium. However, the Sumitomo Consortium and Mitsui Consortium did not agree with it before, and they did not have much.
way.
They felt that the Li's Consortium was too ambitious and too rampant. They originally supported him just to let him feel at ease as a younger brother to help them hold back the American consortium. The Li's Consortium has indeed done a good job in this regard.
It has also reduced a lot of pressure for them over the past few years.
It's just that now the Li Group plans to get rid of its dependence on them and improve its own industrial chain. This is something that Japan's major consortiums absolutely do not want to see. They just hope to achieve control over some of the Li Group's industrial chains in order to suppress it.
The purpose of the Lee Group.
As long as there is any change in the Li's Consortium, they can give the Li's Consortium a heavy blow through the upstream and downstream industrial chains, forcing the Li's Consortium to bow to them.
Now the Li Group is obviously not willing to accept this situation. They hope to create a closed loop of the industry. This is something they do not want to see. Once the Li Group completes these layouts, how can they control the development of the Li Group.
Moreover, the Lee Consortium is now colluding with the Korean consortium, which they do not want to see. Due to historical reasons, the rise of the Korean consortium is also their enemy. They are never willing to let these parties get too strong. They must be the ones in Asia.
The Japanese conglomerate leads the pack.
Nagao Mitsui, the head of Japan's largest consortium, said at the meeting: "I agree with the attack on the Lee Consortium, but we have to control this aspect. Now, whether we or the Lee Consortium, its main opponent is the American consortium.
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We cannot let the American consortium gloat on the sidelines, let alone let our years of hard work come to nothing. If we do not defeat the American consortium, we will always be in the shadow of the American consortium. This is definitely not the result we want to see.
This time, the main restrictions are on movies, cars, and computers. These are not fatal to the Lee Consortium, and they can remind them to wait and see the reaction of the Lee Consortium first. It will be better if both parties can negotiate. This will also avoid us, the American consortium, and
A three-party melee between the Li family consortium."
As for the Li Consortium surrendering to the American consortium and working with the American consortium to suppress them, they have never considered this at all. They know Li Guangyu's character quite well. He has a very serious national concept of distinguishing between East and West. It is impossible for the Li Consortium to surrender to anyone.
Forces surrendered.
Mitsui Nagao also hopes to have a good talk with Li Guangyu through this beating. He knows that it is impossible for Li Guangyu to completely give up the construction of the industrial chain.
He hoped that the two sides could negotiate a plan acceptable to everyone. Before the great enemy of the American consortium fell, Mitsui Nagao did not want to have a fierce confrontation with the Lee Consortium unless it was a last resort.
With the Mitsui Foundation and the Sumitomo Foundation setting the tone, even if Toshihide Iwasaki has an opinion, it is useless. The Mitsui Foundation and the Sumitomo Foundation have joined forces, and the other four of them are not opponents at all. The right to speak depends on their own strength. Like the Sanwa Foundation, in