A farce ended in shame. The Japanese right wing is still hyping up threats from China in the newspapers, but the cabinet no longer cares about their opinions. After harvesting the property of Southeast Asian countries, Soros has turned his attention to Japan and South Korea. Due to the large number of bubbles in the economy before, Japan is in danger in the face of financial storms, and there is no energy to consider what kind of technical loss is the top priority of the cabinet.

As Tonoshima Tsunoichi said to Yuuchi Uchida, Japan's Ministry of Industry and Industry took the lead in organizing a delegation to China for investment, hoping that Chinese companies would go to Japan to merge those bankrupt companies, and promised that all the original technologies of these companies would be transferred to the acquirer with the companies. The Chinese government gave the Japanese delegation extremely high courtesy, but when talking about investment, Nakamoto began to emphasize objective difficulties, saying that he was suffering from the financial crisis and could not provide foreign exchange to acquire these companies - of course, if the transfer price of these companies could be lower, China might be able to mobilize some powerful private enterprises to try it.

Qiujian Club was finally acquired by four Chinese companies for 15 billion yen. These four companies are all private enterprises in Haidong Province, and the leader is Ruan Phucang's Quanfu Machinery Company. He walked into Qiujian Club's production workshop and saw the rows of beautiful advanced machine tools. Ruan Phucang couldn't help but laugh, but after only a while, big tears flowed out of his eyes.

"Brother-in-law, why are you crying?"

Brother-in-law Wang Ruidong was shocked and asked with support from Ruan Phuc.

"It's okay, it's okay, I'm just happy!" Ruan Phucen said with a smile while wiping tears on her sleeve. Although he said this, his voice was choked, making people know that he was not just happy, but mixed feelings.

"When Mr. Ruan took us to do the sets of second-class pressure vessels that were subcontracted for us, we really couldn't imagine that there would be the day when we could buy Japanese companies in." Liang Chen, director of the company's operations department, seemed to be able to understand Ruan Phucen's mood. He stood beside Ruan Phucen and said softly, feeling very emotional.

"I have believed from the beginning that our Quanfu Company can become the world's number one. Think about it, who is my brother-in-law!" Wang Ruidong obviously didn't feel that sentimental. He stood up straight and frowned, scanning everything in the workshop, and proclaimed loudly.

Ruan Phucen kicked Wang Ruidong angrily and cursed: "What are you talking nonsense, aren't you afraid of laughing at me? I've told you many times. Mr. Feng, who has no equipment company, is not as good as our Quanfu Company today? Your brother-in-law is a farmer. Even if he learns to turn on the machine tool, he is still a farmer. Our Quanfu Company has achieved today's achievements, and they are all taught by Mr. Feng."

When he heard Ruan Phuket talk about Feng Xiaochen, Wang Ruidong's figure was shorter at a speed visible to the naked eye. He smiled and said, "Brother-in-law, you are right. Even if we can buy Qiujian Club for such a little money this time, it is thanks to Mr. Feng who has set up a trap for the Japanese. However, brother-in-law, you are also very amazing. In Haidong, we have so many chemical machinery companies, and in the end, our Quanfu Company is the strongest. Isn't this a problem?"

Ruan Phuket's sentiment was reduced a little by the interruption by Wang Ruidong. He wiped off the tears on his face, pointed to the equipment in the workshop, and said to Wang Ruidong and Liang Chen: "Ruidong, Chenzi, you two have been in Japan these days, responsible for dismantling all these equipment and transporting them back to our Hui'an. How are these equipment arranged in Japan and how have they been transported back to Hoi'an? There is a set of workshop management in Japan. Since we have bought their factory, we have to learn everything we should learn. Do you understand?"

"I understand! Brother-in-law, just take a look!" Wang Ruidong said with a smile.

All Chinese institutions that have acquired Japanese companies have adopted the same strategy as Quanfu Company, that is, to remove the equipment in Japanese factories and transport it back to China to resume production. It makes sense for everyone to do this, that is, because Japan's labor costs are more than 10 times higher than China. The same product is produced in Japan, and the price advantage is completely lost. Only by transporting the equipment back to China for production and making full use of China's cheap labor advantages can these companies truly resurrect.

Research institutions of various Japanese companies were also accepted and moved to China. However, China promised to retain all the original Japanese engineering and technical personnel, provided that they must go to China to work. Patented technology is dead, and many companies' technical know-how is in the minds of engineering and technical personnel. Only by accepting these technicians can we truly master the essence of Japanese technology and shorten the time for China to digest and absorb these technologies. Feng Xiaochen is well aware of this and has already considered this plan when planning to acquire those Japanese companies.

A considerable number of Japanese engineering and technical personnel have accepted the conditions for going to China to work. This is not because of their deep feelings for old companies, but because Japan's manufacturing industry has been shrinking in recent years. The unemployment of engineering and technical personnel is very serious. After finally having a job, how dare everyone give up easily. If they are unwilling to go to China, then waiting for them can only change their careers and engage in other careers. The most likely one is to go to the service industry to be an ordinary waiter and serve tea and water to others. How can this be a job that these technical gangsters can accept?

Yuu Uchida received information from many industry colleagues that he would go to China to work. He also knew what kind of threat these people would pose to Japan's own industry when they were poached to China, but he was unable to make up for the situation. The business conditions of Ikegaya Production itself are also very bad, and the employees of our company are at risk of layoffs. How can Yuu Uchida have a way to accommodate those poor peers?

"Mr. Feng, I really admire you. In the Asian financial crisis, everyone else saw the word "danger", but you saw the word "ji". You can seize this opportunity and get so many good things back from overseas. My vision really makes me admire you."

In the office of the Equipment Industry Company, Wang Weilong, deputy director of Luoqiu Metallurgical Machinery Factory, who was visiting, gave a thumbs up and expressed his admiration to Feng Xiaochen with sincerity.

Feng Xiaochen personally poured a cup of tea for Wang Weilong, then sat on the sofa next to Wang Weilong, and said with a smile: "Old Wang, when did you learn to compliment others? I am just following the trend, so how can I talk about the vision or not."

Wang Weilong said seriously: "This is indeed a vision. Think about it, it's always Japanese people who have always come to merge our Chinese companies. When is it our turn to merge our Japanese companies? But you, Mr. Feng, can seize the opportunity and promote this big merger. Look at the private bosses of Ruan Phucen and others, have all found treasures. Speaking of this, I have to complain, why do you take advantage of such a good thing? We state-owned factories can also take advantage of those private companies."

Feng Xiaochen said: "Lao Wang, you really can't blame me for this. During the financial crisis, the state asked all enterprises to reduce their expenses, and state-owned enterprises must take the lead. If state-owned enterprises are allowed to go overseas for mergers and acquisitions, the country will not be able to hold back. If private enterprises are allowed to acquire, they will raise the funds themselves, and the country will not have any burden."

"This reason is unreasonable." Wang Weilong said dissatisfiedly, "We can also find ways to find out extra-budget funds, which will not add pressure to the country. After all, you, Xiao Feng, are you, are inferior to each other."

Feng Xiaochen smiled and said, "If you don't accept this reason, then there is another reason. That is, let private enterprises acquire it, which will not stimulate the sensitive nerves of the Japanese government, and it will also be for the United States and Europe to see. Our country is now conducting WTO negotiations, and the conditions proposed by others include clauses requiring our economic diversification. If we organize a group of state-owned enterprises to acquire bankrupt companies in Japan, it will inevitably make people say that we are dominated by the state, not the market economy. And let private enterprises collect it, it will look much better."

"What a special!" Wang Weilong swears violently, "What system our country adopts depends on the expressions of foreigners. Do they have to control it?"

Feng Xiaochen said: "The WTO was built by others. If we want to join, we have to follow their standards, otherwise they can exclude you. Now our economy is still very weak and we can't twist our thighs, so we can only endure it."

Wang Weilong nodded helplessly and said, "Since you, General Manager Feng, say that, we can only endure it. You said, our country is begging others to enter this WTO, what are the benefits? I just see various publicity in the newspaper, but I don't know whether it is true or false."

Feng Xiaochen said: "It is definitely beneficial for us to join WTO. At least, the United States cannot get the most-favored-nation treatment every year. The clothing, shoes and hats produced in the development zones along our coast are greatly affected by the tariff issues. If we join WTO, the import tariffs of various countries will be greatly reduced, which is definitely a blessing for our labor-intensive industries."

"It is a blessing for them, and it is a danger for us equipment companies." Wang Weilong said, "At that time, our import tariffs will also be reduced, and it will be easier to sell large foreign equipment. Enterprises like our Luoye cannot compare with other Western companies, and there is no tariff protection, which is the fate of waiting for the slaughter of others."
Chapter completed!