Four hundred and thirtieth chapters paper friendship
"Mr. Li, for more than a year, we have been strongly supporting the development of Tung Wah Association's industries in Japan and faithfully fulfilling our commitment to cooperation.
However, the Tung Wah Association, especially Li Sheng’s industries, has disappointed us a bit. In terms of jointly resisting and targeting the American consortium, they seem to be deliberately avoiding the US market and are unwilling to compete with the American consortium in its homeland."
"Mr. Yasuda, you should be aware that many of the industries under the Tung Wah Association that compete with large American companies have just started and do not yet have the strength to enter the U.S. market.
But please rest assured, Mr. Yasuda, starting from this year, the products of our Tung Wah Association’s Jade Lion Group, Jaguar Group, Phoenix Group, Huaxin Group, Huahong Group, Tesco Group, Jingyi Electric, Datong Electric, Taoda Group and other products will be
Enter the US market on a large scale.
Competing with U.S. consortiums for markets in electronic semiconductors, computer hardware and software, retail, home appliances, automobiles and other industries, especially the California market, will be the forefront of Tung Wah Hui's entry into the U.S. market."
Although the Tung Wah Society and the Fuji Foundation are currently considered allies, neither Li Jianhui nor Yasuda Fujihiko truly regard each other as allies.
The reason why the two parties are able to join forces at present is mainly because they have common opponents, the American consortium and the Korean consortium supported by the American consortium.
The two sides are only strengthening cooperation in the North American market. In the Asian market, the two sides are competing, but they are relatively restrained, so they are relatively harmonious.
In terms of facing American companies, Li Jianhui hopes that the six major Japanese consortiums will contain the main energy of the American consortiums, while the Tung Wah Association companies will develop quietly behind them.
However, the Japanese consortium is obviously unwilling to make a wedding dress for Tung Hwa Hui, and requires Tung Wah Hui companies to stand up and compete head-on with American companies in the U.S. market to reduce their own pressure.
At present, the American consortium regards the Japanese consortium as its main opponent, and also supports the Korean consortium to stab it in the back. Otherwise, the major Japanese consortiums really want to teach the major conglomerates in Hong Kong a lesson in the Asian market first.
In the current Southeast Asian market, in terms of home appliances, Jingyi Electric Appliances and Datong Electric Appliances have surpassed Japanese Home Appliances in the mid-to-low-end market share. Fortunately, there is still some gap between the two technologies in the high-end market. Currently, Japanese Home Appliances still have
monopoly.
On the automobile side, the Jade Lion Group has also emerged. In just one year, it has become a well-known car company in Asia. Together with the British Jaguar, although its share is not high, in terms of high-end model sales, Jaguar and Jade Lion
The large group far surpasses several major Japanese car companies.
In terms of steel, shipbuilding, and electronics and semiconductors, there is a lot of competition between the two sides. Many orders originally belonging to Japanese companies in Southeast Asia have been snatched away by companies affiliated with the Tung Wah Association.
Also because both parties hope to build the Southeast Asian market into their own back garden, the cooperation between the two parties is destined to not last long. Once the American consortium does not put too much pressure on both parties, the two parties will inevitably have a large-scale market battle.
Therefore, in tonight's discussion, both of them have their own agendas, hoping to gain greater benefits for themselves and put greater pressure on the other party.
The two sides have differences on many issues, which led to a very long discussion tonight. It started at 7 pm, and it was already past 11 pm when Li Jianhui and Guan Jiahui left.
After mutual compromise, an agreement was finally reached that was acceptable to both parties.
In the Southeast Asian market, both parties develop according to their own capabilities, without specifically targeting each other's industry, and jointly suppress the development of Korean consortiums in the Southeast Asian market.
In the North American market, Tung Wah will attack the western market, while the Japanese consortium is responsible for the central and eastern markets. Among them, the California consortium and the Texas consortium are mainly controlled by the Tung Wah consortium.
In the North American automobile market, Donghuahui mainly enters the high-end market, while Japanese automobiles compete with several major American automobile companies in the mid- to low-end segment.
Whether it is the mainland where the company relies on, or Hong Kong and Baodao where the Tung Wah Association is based, mineral resources are very lacking.
This time Li Jianhui and Fujihiko Yasuda also reached a cooperation agreement. The two parties will cooperate to enter the Western Australia region and break the current monopoly of Rio Tinto, BHP Billiton and Vale on iron ore.
However, both parties obviously do not want to be taken advantage of by the other party. Whoever finds the mine will have the other company purchase 35% of the shares based on the mineral valuation, and jointly invest in the ore transportation railway line and port construction. At the same time, they jointly resist the suppression and price monopoly of the other three companies.
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In addition, Fujihiko Yasuda and Li Jianhui also exchanged opinions on the Donghua Territory as a springboard to enter the East African market. Unfortunately, Li Jianhui only declined on the grounds that he needed to communicate with the British Rose Foundation.
In his previous life, Li Jianhui had heard that there were many mines in East Africa, especially the areas traditionally influenced by England and France. In the future, if Tung Wah Hui companies want to enter East Africa for development, they will attract Western European capital instead of bringing in Japanese capital.
Since the location of Donghua Territory is not too far from East Africa, the Mirage 2000 fighter jets are centered at the Donghua Territory Airport, and their combat radius is fully capable of covering the skies over East Africa. There is no big problem in safeguarding the legitimate interests of Donghua Association enterprises.
In Li Jianhui's mind, he would rather strengthen the strength of Western European capital than expand Japanese capital. The two sides still cooperate more with American consortiums. In other aspects, especially in the European and African markets, Li Jianhui prefers to cooperate with Western European capital.
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Of course, the response is different in various markets. For example, Wal-Mart and Carrefour are at war with each other in the North American market. In the Asian market, the two parties have joined forces to compete with Asian retail giants such as Tesco Group, Seibu, and Ito-Yokado.
The same is true for Li Jianhui. Depending on his opponents, he will also recruit different allies so that he can better occupy the market.
In the shopping mall, it is profoundly explained that there are no permanent friends and no permanent enemies, only eternal interests.
Only by tying up everyone's interests through cross-shareholding like these members of the Tung Wah Association, can everyone's friendship be maintained for a long time.
As for the friendship between the Tung Wah Society and the Yasuda Foundation, it is like a piece of white paper that can be broken at the first prick. One moment they can join forces to fight against the enemy, but the next moment they may turn against each other.
As for Tung Wah Club's industries in Japan, currently film and television media, games and real estate are still developing well. Whether it is retail or home appliances, including automobiles, they are not ideal in the Japanese market.
Li Jianhui also let go of this. Whether it is Japan or South Korea, the people's support for national enterprises is very strong, and it is difficult to open the market for automobiles, home appliances and even traditional retail.
Li Jianhui is planning to let Cosway give it a try. This is a membership discount store that mainly caters to the middle class. It may be able to change the declining trend of Xinjian retail in Japan.
The Xinjian system is mainly based in Greater China and Southeast Asia, and only in these regions are the people more tolerant of Xinjian companies.