Li Jianhui did not pay much attention to the talks between Gu and Liao in Xiangjiang. With the president's liberalization, aviation and trade would not be a problem. The talks between the two men were just to determine the specific plan. Xiangjiang Airlines and Huangpu Shipping have already begun to prepare for
Preparing for the direct flight on April 1st.
Li Jianhui only came to Baodao this time. This time he mainly went to Seoul. This was also his first trip to South Korea.
In East and Southeast Asia, the business community is mainly dominated by Japan, Xiangjiang, Nanyang, Baodao, and South Korea. At present, except for Korean capital, the other parties are relatively harmonious and their competition is relatively restrained.
As an ally of U.S. capital in East and Southeast Asia, Korean capital has been at odds with other major capitals in Asia in these two major markets in the past two years.
In industries such as retail, electronic semiconductors, home appliances, and shipbuilding, competition has never stopped.
This time Li Jianhui went to South Korea to increase cooperation with his ally Doosan Group and promote Doosan Group to become bigger and stronger in the Korean market, so as to contain the energy of Korean capital.
After several years of development, Xinhui Hotel Group has more than 50 hotels under its ownership. Xinhui Hotels are located in many important cities in the world, and Seoul is no exception.
It is worth mentioning that Xinhui Hotel is not a fast hotel. Its standard has always been the benchmark of Peninsula Hotel. Therefore, each hotel is a top-notch hotel in the local area, which is why the number is relatively small.
As the royal hotel of Tung Wah Club, this hotel was naturally where Li Jianhui and his party settled in after arriving in Seoul.
Major families in South Korea were very concerned about Li Jianhui's arrival. Shortly after Li Jianhui and others settled in the Xinhui Hotel, Li Jianxi, Zheng Juyong, Zhao Zhongxun, Kim Yuzhong, Sing Hao, Cui Taiyuan, Gu Jijing and others also communicated secretly.
The main purpose is to target Li Jianhui and Donghuahui. They will never let Donghuahui Capital become the dominant player in the Korean market.
Doosan Group is the target of their key suppression. As an ally of the Tung Hwa Association in South Korea, this company has been keeping them at a loss for the past two years.
With the support of Tung Hwa Association, Doosan Group is no longer a company that only deals in construction machinery, but a real comprehensive group.
It not only includes construction machinery manufacturing companies, but also retail, real estate, communications, securities investment, chemical industry and other industries.
Especially in terms of retail, Doosan Department Store has the financial support of Tung Hwa Club and has expanded extremely rapidly. It currently ranks second only to Lotte in the Korean department store retail market.
Li Jianhui didn't know that his arrival made the heads of major Korean families nervous. He just took a short break and held friendly talks with senior Korean government officials.
Although Li Jianhui has repeatedly stated that he is not qualified to become the world's richest man, it must be said that his status and influence have been increasing.
In addition to the Vice President of South Korea, Li Jianhui and his entourage met with him this time, as well as the Minister of Economic Affairs, as well as deputies from the Ministry of Industry, the Ministry of Foreign Affairs, the Ministry of Industry and other departments.
The ability to talk nonsense to people and ghosts is vividly reflected in businessmen. Li Jianhui happens to be a typical businessman, and it can be said that he has developed an instinct for this skill.
After the Vice President finished speaking, he responded loudly: "South Korea has experienced rapid economic development in recent years. It is known as the Four Asian Tigers together with Baodao, Xiangjiang, and Sin Chau. Its population is the largest among the Four Tigers, and its market and potential are
All are extremely huge.
Our Xiangjiang enterprises have always attached great importance to the Korean market. Our economic exchanges with South Korea have been increasing over the years. Our industries are also constantly increasing investment in the Korean market. At the same time, we are also increasing cooperation with Korean enterprises, which is mutually beneficial to the economic development of South Korea. Win-win."
South Korea's top leaders were noncommittal about Li Jianhui's words. Among the major markets in East and Southeast Asia, the Xin Jian Department and even the Tung Wah Association had the least investment in South Korea. Li Jianhui came here for the first time. This shows the true status of the Korean market in the hearts of Li Jianhui and even the Tung Wah Association.
However, they believe that Li Jianhui's arrival this time will be the beginning of the warming of relations between the two parties, and a large number of Tung Wah Association companies will inevitably enter in the future.
Gu Sui
As for the entry of Tung Wah Association companies, which will squeeze the industrial market owned by major domestic families, this is currently not within the scope of these senior executives' consideration.
They do not want the domestic market to be monopolized by a few large families, especially when these families are backed by American capital.
The introduction of Tung Wah Hui Capital is also a balancing act played by these senior executives. No one is born to be a puppet, and the same is true for them.
The reason why Doosan Group has expanded so rapidly in the past two years is partly due to the support of some senior executives.
Li Jianhui brought so many senior executives here, so naturally he was not just going through the motions. He still had some ideas about the Korean market.
During this meeting, the two sides also reached some cooperation. Wheelock Land will build one Wheelock Plaza in Seoul and Busan respectively, and Lane Crawford will also build one Wheelock Plaza in Seoul, Busan, Daegu, Incheon, Ulsan, and Gwangju. Build a Lane Crawford shopping mall.
Taoda Group will establish a food and beverage production base in Ulsan, mainly producing Taoda instant noodles, quick-frozen food, mineral water, and orange juice drinks.
For now, Li Jianhui can only come up with these projects. South Korea is not the mainland, and this is not a Xinjian production center.
It can be said that South Korea's top management made a wrong calculation. If they want to balance the families such as Lee Kun-hee and Jung Joo-young, they should support domestic families that do not have the support of American capital, instead of trying to introduce foreign capital to balance.
The Korean market is just a sales market for most foreign capital, and it is impossible for them to place large-scale production companies here.
After all, compared with the mainland market and Southeast Asian market, the labor force in the Korean market is not cheap.
However, there are still many industries under the Xinjian Department here. Huihong Group will also establish a game development company here this time, and Jiayi Records will also establish a branch here.
Watsons, IKEA convenience stores, Tesco Electrical Appliances, and Tesco Logistics will also enter the Korean market on a large scale.
In addition to large-scale expansion in Baodao this year, Donghua Communications is supporting the expansion of Korea Communications Company, a joint venture with Doosan Group, in major cities in South Korea.
South Korea's top leaders are quite satisfied with the achievement of these intentions today, and they also know the development focus of the Xinjian Department and even the Donghua Association.
They are more concerned about Li Jianhui's cooperation with the Korean family this time. These projects are the focus. If they are well developed, they will not only drive the economic development of South Korea, but also create a large number of jobs in South Korea.
As these families grow in strength, they can also balance the current top families in the country and avoid a situation where one party is dominant.
During the talks, South Korean senior leaders also repeatedly stated that the Korean market is open and fair to the outside world, and will never suppress foreign companies for no reason for the sake of the interests of local companies.
This meeting was not broadcast live on television, and there were no media reporters, but its content was quickly learned by the top families in South Korea.
Others were fine, but Xing Hao, the leader of Lotte, felt tremendous pressure.
At present, only Doosan Department Store, Berjaya Department Store, and Cosway have already made him a little breathless. Lane Crawford and other retail department giants under the Xinjian Department are also entering the Korean market on a large scale. How can this not make him worry about Lotte's future?
Feel worried.
For the survival and development of Lotte and his family, and to avoid being at a loss when the time comes, Xinghao also specifically contacted the American capital that supported him to seek support to deal with the possible targeting and suppression of Xinjian retail.