Extraordinary Genius - Chapter 680
Chapter 680 – Support
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“This your reason?”
“Of course, there are other reasons. They are too arrogant.They had belittled China, and they had made use of contract loopholes to takeadvantage of us too many times.” Feng Yu replied.
“Then how should the government support you all? Tell thewhole world what you just said?” Iron Fist Zhu asked.
“I don’t need the Chinese Government to tell the wholeworld. I only need the Chinese Government to tell the Japanese Government andgive them some pressure. This will be enough. Currently, Japan needs us to helpwith their economy. If not, their economy will go into recession. China’s internationalstatus had been increasing. After the Soviet Union was dissolved, Russia andmany surrounding countries had been building diplomatic relationships with us.The US also want to work together with us as a countermeasure against Russia. Befriendingdistant the distant enemy while attacking a nearby enemy is a strategy passeddown since the olden days. That means China is one of the most criticalcountries in the world. Japan political status cannot be compared to us! Thisis why Japan will not get any support from other nations, and they will have togive in to us!” Feng Yu said his analysis of the current international affairs.
“The US will not support Japan? After WW2, Japan hadrecovered quickly and become one of the most powerful economies with USsupport.” Director Fang interrupted.
“If Japan did not try to buy the whole world, its economywill not deteriorate so fast. The US will not want Japan to recover so fast andthen see the buyout half of America. We also do not want to have a powerful neighborappearing, especially a neighbor with evil intentions!”
“This time, the Japanese Government demanded an apology fromthe Beijing Government, and not China’s Government is only to sound us out. Ifthe Beijing Government apologizes, then the Japanese Government will try tomake us give in to them more by demanding harsher demands. This is not what ourGovernment wants, right?”
Iron Fist Zhu and Director Fang exchanged looks. AlthoughFeng Yu’s analysis had lots of loopholes, the general direction was right. Theyhad analyzed this incident, and their conclusion was about the same as Feng Yu.They also feel that the Japanese firms had support from their government totest the attitude of the Chinese Government.
Feng Yu saw the both was not saying anything and hecontinued. “Do you still remember what was written in the history books? Duringthe Qing dynasty, there was a saying, the top social tier is the foreigners,followed by the Government Officials. Until today, many Chinese still have thismindset. Many people still think that foreigners are of higher standing thanthe Chinese. Even when we go out to negotiate with other companies, they willlook down upon us when they find out that we are a Chinese company. They willtell us that some Japanese companies had already contacted them. Also, thegovernment policies for the Japanese are better than what our companies aregetting. Many local governments are doing this, and the people are beingdeprived of what they should be getting. It’s such an irony. Are foreignersreally better than us?”
Feng Yu was not exaggerating. When Tai Hua SupermarketCorporation was negotiating for their current locations, what he said hadhappened. If Tai Hua Supermarket Corporation did not have Hong Kong shares, thenegotiation would be much harder.
These few years, until Hong Kong’s return in 1997, Hong Kongcompanies got more support from the Chinese Government than other countries’companies. This was for the smooth return of Hong Kong and Macau.
Iron Fist Zhu frownedand looked at Director Fang. Director Fang nodded, admitting that this wasreally happening at some places. He had heard about such news before.
“Some of our government officials had forgotten their corevalues to get more political credits. They had forgotten who they are serving!”Iron Fist Zhu disappointedly replied.
Iron Fist Zhu wanted to speed up the Chinese economy andwanted to bring China to the next level economically. He wanted China to catchup with the rest of the world in the shortest time possible.
But he was not willing to bow down to others in exchange forChina’s development. Bowing down to others was a dangerous signal and mighthave severe consequences. He cannot let this happen!
“But even if we pressure the Japanese Government, theremight not be any favorable result. They can just ignore us and say this is onlya business dispute.” Director Fang said.
“Don’t forget that Hong Kong’s Superman Li is one of Tai HuaSupermarket Corporation shareholders. He is the world’s king of seaports. Heowns 40% of the world’s most important ports, and he has a say in this. 80% ofJapanese products are exported by sea. If Japan got into a dispute withSuperman Li, their transportation fees would increase tremendously.”
“Is Mr. Li willing to step in?” Director Fang asked.
“He will. Now, someone is stepping all over Tai HuaSupermarket Corporation. Who will still sit back and tolerate this?Furthermore, he is Superman Li.” Feng Yu was not sure about others, but he wasconfident that he will be able to convince Superman Li.
“You should be able to do something too, right?” Iron FistZhu asked suddenly.
Feng Yu rubbed his nose: “I do have a bit of influence. Iwill be able to pressure them slightly in certain areas. But I still hope toget the government’s support.”
Those Japanese companies had their government’s backing, andtheir market value was several billion USD each. If it was only one company,Feng Yu was not afraid of them. But when the four companies combined, Feng Yuwas not able to win them now.
Luckily for Feng Yu, the Japanese companies were not united.Feng Yu could give some benefits to Panasonic and other companies, and ask themto point their guns at Sony and the other 3 companies. After all, thesecompanies were competitors. They were also supported by different Japanesepolitical parties.
Also, Feng Yu could make use of public opinions. He was ableto position Tai Hua Supermarket on higher moral grounds and gain an advantage.
Of course, all these strategies, including asking SupermanLi for help, were not as crucial as getting the Chinese Government’s support.If the Chinese Government were willing to support him, even 40 Japanesecompanies would be no match for him.
Also, these 4 companies were competing with Wind and RainElectronics for the DVD standards. Feng Yu could also make use of the DVD forumto attack them.
In front of interest, Panasonic and the other companies willstand on Feng Yu’s side.
Feng Yu suspect Sony and the other 3 companies were doingthis on purpose. They knew the shareholders of Wind and Rain Electronics andAiwa Electronics were also the shareholders of Tai Hua Supermarket Corporation.The shareholders were Feng Yu and Fu Guangzheng. Those companies purposely makeus of their government to attack Tai Hua Supermarket corporation to delay Windand Rain Electronics and Aiwa Electronics. So, they will have more time todevelop DVD technologies.
Feng Yu told Iron Fist Zhu about the DVD. This was somethingthat benefits China greatly. If the Japanese companies were ahead of him, thenChina’s consumer electronics will continue to be looking up to Japan.
“I know about VCD. You all have a new product? You all mustmaintain the lead. A Chinese company that earns patent authorization fees fromoverseas companies. You all have done well!”
Iron Fist Zhu was excited to hear that a Chinese company wasable to be ahead of Japanese electronics firms. This industry was Japan’sforte. He had heard about VCD before, but he did not know about the benefitsthat come along with it.
If such a potential company can do China proud, then morethe Chinese Government must support them!
The real intention of those companies was to delay theprogress of DVD technology. They must not succeed.
Actually, the Chinese Government had been silent for years.This was the time to use Japan as an example to show the other nations thatChina was not to be trifled with!
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