When business representatives spoke, unlike previous summits, this time it could be said that there was a heated exchange of words. Although they did not name names, everyone knew who they were talking about.
When Li Jianhui spoke, he was even more sharp in his words, bluntly saying that some companies and even some governments have seriously undermined the principle of fair market competition, tied up nationalism, and created trade barriers.
In order to safeguard the interests of local enterprises, certain governments create numerous obstacles for foreign enterprises and block foreign products and industries from entering the local market for unwarranted reasons.
At the same time, it also reminds some governments to keep their eyes open. Some companies not only represent themselves, but also have huge forces behind them.
In this regard, the industries under the Donghua Economic Cooperation Association will not be affected or controlled by any government. Entering the local market will only be mutually beneficial and win-win, and will not harm the interests of the host country.
Especially in the communications and media industry, because of the particularity of the Tung Wah Association, it is better able to maintain the principle of neutrality and better serve local citizens.
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No matter how many representatives from all parties criticized, the host's words of thanks also marked the end of the summit.
Li Jianhui ignored the bad things at the meeting. Immediately after the meeting, he led the core members of the Donghua Association to conduct four-party talks with representatives of the Rose Consortium, the BNP Paribas Consortium, and the Agnelli Family.
Like the Donghua Meeting, Western European capital faces the alliance of Japanese, American and Korean capital and is also under tremendous pressure. This meeting also strengthens the cooperation between several parties and jointly fights against capital led by Japan, the United States and South Korea in multiple markets around the world.
At the same time, the Jade Lion Group has also established a joint venture with the Fiat Group in Penang, Malaysia to deepen the cooperation between the Tung Wah Association and the Agnelli family.
Fortunately, with the development of the situation, U.S. capital has not been as strong as it was in the 1960s and 1970s. Although it has tried to attract capital from Japan and South Korea at all costs, it still cannot form an absolute advantage. The pound's share of global trade foreign exchange settlement is a vivid example.
The BNP Paribas consortium and the Agnelli family also have their own interests and demands, mainly market demands. They hope that the Rose Consortium and Donghua will help their products enter the ASEAN market and the Commonwealth market.
As an advocate of this negotiation, we, the Rose Foundation, hereby promise that as long as the four parties reach cooperation, we, the Rose Foundation, are willing to provide assistance to the best of our ability for the development of your industry within the Commonwealth market.
As one of the core members of the Rose Consortium, which is currently the primary target of American capital, Cavendish was the first to speak at the meeting.
Of course, cooperation is cooperation, but all parties have their own calculations. The Rose Consortium naturally hopes that all parties' foreign trade will be settled in pounds sterling, continue to enhance the influence of pounds sterling in international currencies, and completely suppress the US dollar.
The Tung Wah Association has also shown its sincerity. Its retail channels including Lane Crawford, Watsons, Tesco, IKEA, etc. are open to several major consortiums, and it has also made some concessions in energy cooperation.
Fortunately, because the Soviet Union has restrained a lot of the energy of the United States, the United States has not had any advantages in civilian product technology in recent years, and has even begun to lag behind in some aspects.
American capital, which made huge war profits, has been riding on our heads since the end of World War II, and wants to keep us under it forever.
"As we gather together today, it is obvious that no one is willing to succumb to American capital and watch American capital eat meat in the global market without even being able to drink a sip of soup.
Especially in Donghua Mining Group, Rose Consortium, BNP Paribas Consortium and Agnelli family have also become the major shareholders of this group.
In order to show the sincerity of cooperation, the Rose Consortium also spent a lot of money. Cavendish said that British Steel was willing to build a joint venture with Whampoa Steel Group in Penang to produce various types of special steel that Whampoa Steel Group did not have the capability to do.
As long as we can cooperate closely, no matter in terms of product technology, sales channels, or market, we will not be weaker than the capital alliance of the United States, Japan, and South Korea.
Although our Tung Wah Association is located in Asia, the development history of our main industries is far from being comparable to that of your industries.
But in the face of capital from the United States, Japan and South Korea, we, the Donghua Association, have the courage to fight to the end and burn the boat.
Afterwards, core members of the BNP Paribas consortium and the Agnelli family also made speeches one after another, all for the purpose of strengthening cooperation with several parties and jointly dealing with capital from the United States, Japan and South Korea in major markets.
Moreover, our Tung Wah Association does not have core industries. At least in the electronics, semiconductor and mobile communications industries, we have the strength to compete with similar industries in the United States, Japan and South Korea."
For the time being, the four parties can be said to have established a good alliance, but no one can say clearly how long this relationship will last.
Currently facing tremendous pressure, the Tung Wah Association naturally hopes to deepen cooperation with several parties. As the leader of the Tung Wah Association, Li Jianhui immediately continued after Cavendish finished speaking:
“The two world wars have caused huge changes in the landscape. In the global capital market, American capital is the dominant one, and anyone whose development threatens it will be targeted and suppressed.
As for ship power, Tung Wah Ship Power Company is a joint venture between the British company Rolls-Royce, the French company Baudouin, and Whampoa Shipping Company, a subsidiary of the Tung Wah Association, with its headquarters in Malacca, Malaysia.
Fortunately, Xin Jian Department did not suffer any loss. Lip Holding Group also became the major shareholder of Rio Tinto Group, and Donghua Communications Group also reached cooperation with BNP Paribas Group and the Agnelli family to enter the French and Italian markets.
In addition to the cooperation between the Tung Wah Association and several parties, the Rose Consortium, the BNP Paribas Consortium and the Agnelli family have also reached multiple cooperation agreements with each other.
Donghuahui hopes that several parties can provide technical support. Donghuahui will provide funds and several parties will provide technology to establish joint venture industries in Malaysia and Thailand, including ship power technology, special steel technology, etc. For Donghuahui,
Extremely important technology.
At the same time, we are also willing to cooperate with everyone in finance, electronic semiconductors, mobile communications, retail department stores, energy, home appliance manufacturing and other industries for win-win cooperation."
After all, the relationship between the four parties is relatively complicated. If it were not for the fact that during this period, the capital of the United States, Japan and South Korea jointly targeted other forces in multiple markets to seize the market, the four parties would not be able to sit together so friendly, let alone achieve so many projects.
cooperate.
The Donghua Society is better, the Rose Consortium, the BNP Paribas Consortium and the Agnelli family. The three parties not only represent their own interests, but also represent their own national interests to a certain extent. Due to various historical reasons, the three parties have never been of the same mind.
Li Jianhui believes that once American capital is completely suppressed, the BNP Paribas consortium and the Agnelli family will turn their backs on British capital, and the first to bear the brunt will be the Rose Consortium.
Therefore, in terms of cooperation, Li Jianhui also kept a close eye on several parties, and directly refused several parties to take shares in some core industries related to Donghua Association.