The first thousand two hundred and seventy-first chapters of the dilemma of American enterprises
After the year-end meeting, Li Guangyu and Cao Weiqing led Li Xuelan, Xiangjiang Petrochemical Group Zhou Zhigang, Nanhua Food and Beverage Group President Chen Xinqi, Donghua Trading Company Executive Vice President He Xingzhen, Xiangjiang Communications Group Vice President Yue Mingjie, Wheelock Group Vice President Zhong Anchi,
Bai Zhipeng, Vice President of China Shipping Group, and other senior officials flew directly to Vancouver, Canada.
At a time when several major retail groups of the Lee Consortium are squeezing several major retail companies in the United States, Li Guangyu led such a large delegation there in the hope of further deepening the relationship between the Lee Consortium and the Canadian government and avoiding the Canadian government's policy changes.
Interfering with the Li Group's plans.
This time, Li Guangyu also wanted to deepen cooperation with the Canadian government and business community and increase the influence of the Li Group in Canada.
Over the years, Vancouver has been a key investment area for the Lee Consortium, and the headquarters of major companies of the Lee Consortium in Canada are located in Vancouver.
At the same time, Vancouver Airport is also one of the seven base airports of Xiangjiang Airlines. There are 30 aircraft stationed here, mainly flying routes from Vancouver to central cities in North America and Asia and Oceania.
While Li Guangyu was flying in the sky for a long time, in the conference hall of a hotel in downtown New York, the core personnel of several major American consortiums gathered together again.
Their gatherings have become more and more frequent in the past few years. The number of gatherings in the past two years has exceeded the total number in the previous ten years. The reason is the rapid rise of Asian capital, and several parties have put aside their historical grievances and united with them.
Being against them makes them feel quite uncomfortable.
These days, the entire North American market has become a battlefield for both parties, and it spans multiple industries. If they do not unite, they may not be able to save their own local market.
Nick Chiannini, the head of the California consortium, said: "Everyone, several major consortiums in Asia have obviously known our actions in the Asian stock market. The current storm in our North American market is their counterattack, and Western European consortiums have also come to join in the fun and want to
There are many forces pushing us off the cliff, and now is not the time for us to fight among ourselves."
Currently, their California consortium is facing a lot of pressure. Costco is a gold-eating beast and is still in the early stage of investment. The arms sector, their main business, is not very profitable due to the relatively peaceful world situation.
There are many Internet technology companies in Silicon Valley with relatively good market capitalization, but these companies all have high market capitalization and low profits, and some even continue to burn money.
The profit level of Lockheed, which it controls, is far from comparable to that of Boeing. Even though they have received many more orders from the military than Boeing, Boeing has left them behind in the private sector.
Nowadays, the relationship between the United States and the Soviet Union continues to improve, and the tension between the two levels of the world has also improved. This has led to a continuous decline in their arms orders, and the profitability of the consortium has weakened compared to previous years.
Johnny Stillman, the head of First Citibank, said: "Our opponents are very smart. They must have known some of our plans, so they counterattacked in advance to contain us in the North American market, leaving us with no energy to take care of it.
Other places, so that they can quickly occupy other markets, the ultimate goal is to trap our companies and products in the domestic market to weaken our strength."
Why did Asian capital choose to jump out at such a period this time, and Western European capital also acted jointly? They know that this must be related to the situation in Eastern Europe.
Asian capital and Western European capital are also aware of the changes in Eastern Europe. The Soviet Union's threat to them and the United States is weakening, and the threat of communications to Western Europe and Asia is also weakening. Now Asia and Western Europe no longer need them and the United States, so they will jump out.
deal with them.
This is a typical case of striking first. These capitals also knew that they would deal with them after they withdrew from the Soviet Union, so they took action in advance.
Senior executives of major American conglomerates also know that due to the confrontation with the Soviet Union in recent years, the quality and technology of many of their products cannot be compared with Japan and West Germany. At the same time, domestic labor costs have soared, and their prices have also been surpassed by Japan and the Four Asian Tigers.
As the comparison continues, the competitiveness of their products continues to weaken.
Their plan last year was to hope that the economies of various countries would suffer heavy losses so that their companies could gain time to transform and upgrade. Unfortunately, the results were not very good. Many domestic companies were forced to close down or relocate due to technology and price factors.
The automobile industry has been even more disrupted by Japanese products. At present, Japanese brands account for half of U.S. car sales. Their own GM, Ford, and Chrysler are far less competitive than Japan's Toyota and Britain's Bentley.
In the sales data of 1988 that just passed, Toyota occupied the first place, Bentley Group occupied the second place, their own GM could only be ranked third, and the fourth and fifth places were also occupied by Japan's Mitsubishi and Nissan.
This is definitely a shame for their American car companies. Not to mention the Bentley Group, the British car heritage is behind them.
The major Japanese automobile groups initially imitated them, but now the major Japanese automobile companies are crushing their major domestic automobile groups in their markets.
The head of the Ford Consortium said: "I believe everyone knows what is happening in our country now. If we weren't still a super hegemon in the military, I'm afraid we would no longer be able to hold the number one position. This time it's Asian capital.
A counterattack with Western European capital. If we can’t fight back, I’m afraid we will be trapped in the local market.”
What they are most worried about now is that Asian capital and Western European capital will completely join forces. That would be a huge blow to them. Once the two sides do not distinguish each other and the products of the two sides are not restricted, many companies in the United States will be affected by these two companies in North America and even markets outside the United States.
Encirclement and suppression.
For example, the development of Microsoft system in Asia has been difficult. Both the government and the private sector in Asian countries are mainly promoting the Suzaku system, which is the upgraded version of the Phoenix system.
In Western Europe, the British also promote the Suzaku system. On the Western European continent, Microsoft does not have an advantage. France, taking into account Airbus, is also promoting the Suzaku system, and France has always opposed them in terms of slogans.
Interfering in the affairs of other countries.
In terms of semiconductors, Japanese and Baodao Semiconductor companies are also grabbing their markets everywhere, especially the Oriental Semiconductor Group. Texas Instruments has almost lost all its markets in Western Europe, mainly through price wars. Texas Instruments is really good in this regard.
You can't win against Oriental Semiconductor Group.
The top ten consortiums in the United States don't have much, except that they have the most banking and financial groups. Nowadays, American consortiums are centered on finance. Unlike the major consortiums in Asia, although they also have banks, the major consortiums in Asia are centered on trading companies.
For example, Japan and South Korea have trading companies. The focus of the Li Group is on several major retail groups, and the core is the internal trade coordination office controlled by Li Xuelan.
The major Asian conglomerates mainly rely on the trade of their own group products to develop, and finance is only an auxiliary. On the contrary, American consortiums have finance as their main business, and other industries are auxiliary. The wolves of Wall Street are their profit minions.
Members of several parties had a detailed discussion on the subsequent counterattack plan. This time they wanted to teach Asian Capital a lesson so that they would not have the courage to challenge them again in the future.