The outside world is discussing the Hong Kong Rich List, and some people are worried about the future of the Li Group. As the man behind the turmoil, Li Guangyu is currently in the office discussing the United States with Qing Hong, Wang Hui, Peng Xiaoli, He Jin and Gan Qin.
Business over there.
Perhaps the top officials in the United States have realized that there are problems in their domestic economy, so they have taken many actions this month, hoping to protect their domestic companies and reduce their trade deficit.
On the day when the U.S. Department of Commerce announced an anti-dumping investigation into dozens of companies including Phoenix Group and Oriental Semiconductor Group under the Lee Group, various U.S. economic development data for the first quarter also came out, and its economic situation was very pessimistic.
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Not to mention the huge fiscal deficit, its domestic economic growth rate is hovering between 1% and 2%, and the dollar has depreciated, which makes the United States urgently need to change its current situation.
The unilateral trade protection policy has become the magic weapon of the United States. It has increased import tariffs on the products of foreign companies, conducted anti-dumping investigations on some foreign companies, compressed the living space of these companies in the U.S. market, and promoted the development of domestic companies. It has become a goal of the U.S. government.
Big choice.
This time, the U.S. Department of Commerce is not just targeting Phoenix Group and Oriental Semiconductor Group under Li Guangyu. There are even more Japanese companies. They alone account for half of the total number of companies targeted by the U.S. this time. Among the companies targeted in the U.S.
13 of the 27 companies are Japanese.
This also shows that the American consortium still regards the Japanese consortium as their biggest competitor. Now that Japan's economic development momentum is too strong, the United States will not relax its suppression of Japanese companies.
Li Guangyu said: "The United States is currently very unfavorable to us, especially our Eastern Semiconductor Group. Once the factory price is raised, it will be difficult for us to compete with Texas Instruments. I wonder if you have any good suggestions for this?"
As Peng Xiaoli, who has been responsible for the affairs of the Lee Consortium in the United States for many years, she is very aware of some situations in the United States. The situation that the Lee Consortium is now facing in the United States is similar to what the Japanese consortium has faced for more than 20 years.
Since the 1950s, Japanese consortiums and companies have been continuously targeted by the United States, from the textile industry at the beginning to the steel industry in the 1970s, and now to the automobile and electronics industries.
It can be said that as long as any company in the U.S. market threatens the development of this industry in the United States, they will introduce corresponding countermeasures to suppress foreign companies from entering the domestic market. Just like cars, the United States even restricts the number.
And now the Lee Consortium also enjoys the treatment of the Japanese consortium. This can only show that some companies of the Lee Consortium have indeed threatened the development of some American companies, so they will attack companies related to the Lee Consortium. If there is not too much of a threat.
If so, the U.S. government won’t bother to care about you.
She said aloud: "Li Sheng, I personally think we still need to learn more from the practices of Japanese companies. They have accumulated a lot of experience in the decades of suppression by the United States, and they have long been accustomed to these practices of the U.S. government.
We are very capable of dealing with such things. Many of our companies may face such incidents in the future, and we also need to summarize a set of effective responses to prevent our companies from suffering too much losses."
Of course Li Guangyu is aware of some of Japan's practices, but such practices are actually more of a helpless move. Looking at history, we know that since the 1950s, Japanese companies have been fighting and retreating, and many industries have signed export restrictions with the United States.
, reducing the number of products exported to the United States, from the textile industry at the beginning to the automobile industry later.
In addition, in order to suppress Japan's exports, the United States deliberately teamed up with some Western European countries to force the yen to appreciate, which increased the cost of exporting Japanese domestic products and reduced the competitiveness of Japanese domestic products.
In Japan, the United States restricted it once, and they upgraded their industry. They restricted the textile industry and entered the steel industry. They restricted the steel industry to enter the home appliance and automobile industry. After being restricted in this area, they entered the electronics and semiconductor industry. Currently, Japan dominates the semiconductor industry.
The country with the largest market.
In order to break through the import restrictions of the United States, many large Japanese companies have established production bases directly in the United States to continue to maintain the competitiveness of their products. This has solved the problem of employment in the United States and stimulated its domestic economic development. Naturally, the U.S. government will not
Suppress this forcefully, otherwise it will be in chaos internally.
The Bentley Group under Li Guangyu learned from the practices of Japanese automobile groups. In order to break through the tariff restrictions on imported cars from the United States, Bentley established a production base directly in the United States. This also allowed the Bentley Group to still occupy a good share of the U.S. market in the past two years.
Phoenix Group also established a joint venture with Foremost Group, Blue Phoenix Company, which mainly engages in mobile phone business. In this company, Foremost Group holds 40% of the shares, while Jade Bird Fund and Phoenix Group each hold 30% of the shares.
This time Phoenix Computer has been included in the anti-dumping investigation list by the US Department of Commerce. In order to continue to seize the market, Phoenix Group is expected to allow Blue Phoenix to enter the computer manufacturing industry through technology transfer.
Wang Hui, as the general manager of the Li Group's foreign intelligence, has specifically increased investment in the United States this year, with the focus being on business.
He said aloud: "Li Sheng, we at Oriental Semiconductor Group still need to try our best to open up markets in other regions, such as the mainland and Western Europe. The United States obviously wants to keep us and Japan out of the game and protect their own domestic semiconductor companies.
I personally think that the current economic problems in the United States are very big, and there are major risks in the stock market. There is too much hot money there. In the past three months alone, Japanese funds have invested nearly 5 billion US dollars in the stock market.
But with real cash, I am worried that once hot money from all parties is not optimistic about the U.S. stock market, it will definitely collapse."
Wang Hui was once the secretary-general of the Taiwan Executive Yuan, and the structure was still very large. As the mayor of Taipei, he knew a lot about the economy. As the intelligence director of the Lee Group, their focus was naturally on economic and business intelligence, and
The current situation in the United States makes him feel very strange.
Judging from the first quarter economic development report of the United States, the stock market should have declined. However, the stock market is still singing all the way. The current market value of the U.S. stock market has exceeded 5 trillion US dollars, and the market value is quite terrifying.
At present, the total market value of Hong Kong is less than HK$900 billion. This is because Xiangyu Culture Group and Xiangjiang Communications Group have increased its market value by more than HK$220 billion. Otherwise, it would be even lower. This is enough to show that the Hong Kong stock market and the U.S. stock market
How big is the difference.
Once any problems occur in the United States, they will definitely affect other stock markets. Wang Hui hopes that Li Guangyu will be prepared in this regard.
Later, Gan Qin and He Jin also expressed their opinions. Regarding the gangster-like practices of the United States, they can only learn from the Japanese consortium and compete with them through other channels. At the same time, they can upgrade their own industries and possess technological innovation through technological innovation.
Only through core patents can we take the initiative.
They did not mention anything about the stock market. They knew that Li Guangyu must have his own plan, and they believed that the Li Group would definitely be one of the biggest winners by then.