Chapter 847 Thirty Years Hedong, Thirty Years Hexi
Thinking of the cooperation between the Su family, Ito Yuhiko's expression seemed a little melancholy.
Sitting in the car, he sighed and said with emotion: "Hoichi, in the past ten years, the development speed of our Japanese economy has lagged relatively behind, so the strength of several top families, including our Ito family, has shrunk a little, and has been weak afterwards..."
Hiroichi Tanaka hurriedly asked: "Sir, Japan's development speed has been ahead of the world in the decades after the war. Why can't it keep up in the past ten years?"
Yuhiko Ito said regretfully: "There are many reasons for this kind of economic development lag. First, it is because Japan's local resources and land have always been very scarce; second, it is because Japan has not made major innovations in the Internet and high-tech fields in recent years..."
As he said that, Ito Yuhiko continued to sigh: "Look, many Japanese local companies that had advantages in various fields more than ten years ago have gradually lost their original advantages over the years;"
"Look at the past companies such as Sony, Panasonic, Hitachi and Toshiba, they are all glorious all over the world. Back then, Sony's color TVs were the best in the world and were sold all over the world; Sony Ericsson's mobile phones are also well-known around the world. Panasonic and Hitachi's home appliances and Toshiba's semiconductors are all world-class existences, but now? They are all gradually declining!"
"Most half of the TVs in the world are produced in China, which are cheap, affordable and cost-effective; mobile phones in the world are divided into two parts, and Apple in the United States accounts for a large part, and the remaining majority are Huawei, Xiaomi, vivo and oppo in China, and there is no Japanese mobile phone. Even Samsung in South Korea is shining and has long been decadent!"
Hiroichi Tanaka couldn't help but feel regretful: "Sir, you are right. We in Japan have indeed completely lost many traditional advantages, especially in electronic products..."
Yuhiko Ito sighed: "More than electronic products? In addition, Japan's steel industry was once the top in the world. Even Americans have to look up at our special steels, but it plummeted because of the scandal of Kobe Steel's long-term fraud!"
"Originally, our Japanese Shinkansen technology was arrogant around the world, and our high-speed rail technology was invented by us, and its strength was unique in the world. But who would have thought that China High-speed Rail would come to the forefront, so that our Japanese high-speed rail technology, Germany and France's high-speed rail technology, have all become second-rate in the world, and the Japanese Shinkansen has also lost a large number of overseas markets..."
Hiroichi Tanaka kept sighing: "Our Ito family holds different proportions of shares in the companies you mentioned. They are lonely and our assets are also shrinking. This is indeed a very serious problem..."
Ito Yuhiko said with a pity that he was unable to make a living: "Not only that, the most important thing is that our young people in Japan are seriously lacking in creativity as a whole!"
"Look at China over the years, a large number of world-class Internet companies have been born, such as Tencent, Alibaba, Toutiao, JD.com and Pinduoduo, as well as DJI drones that account for more than 70% of the world drone market. In contrast, Japan has never had an influential Internet company in recent years! If we continue to develop like this, we will lose all our advantages!"
Hiro Tanaka nodded: "In contrast, the top families in China, as China's industries continue to develop and improve, and their wealth and influence are also constantly increasing. They now have the ability to directly challenge Europe and the United States, and do not take Japanese companies seriously at all."
"That's it." Ito Yuhiko said with melancholy: "In the past, they were still chasing us, but in the blink of an eye, they surpassed us and chased the United States. We were left behind by them. So much so that if we want to make a breakthrough in our business, we have to go back and please the Chinese family. It really is in line with the old saying of China, thirty years Hedong, thirty years Hexi..."
Speaking of this, Ito Yuhiko said seriously: "Precisely because we have been stopping and China has been developing rapidly, we now need to be firmly tied to China's top families. This cooperation between the Su family is of great significance to us and cannot be missed."
Hiroichi Tanaka hurriedly nodded and blurted out: "President, please rest assured, I will definitely do my best!"
Japan's economy has been sluggish over the years.
As the top chaebol in Japan, the Ito family's strength is constantly being weakened.
Another big Japanese family, the Takahashi family, is also the same confusion as them.
Both families are now actively seeking breakthrough points, so they both put their hopes on the top Chinese families.
As the top family in China, the Su family's influence has been increasing in recent years, and with the rapid development of China's economy, the Su family's strength has also been increasing.
The Su family's key energy in the past few years has been focused on maintaining and consolidating the domestic market. After consolidating its status as the first family in China, it has only begun to turn its attention overseas in the past two years.
Therefore, in recent years, many Japanese families and chaebols have been eager to carry out in-depth cooperation with the Su family.
In the past decade, China's import and export trade has been growing, shipping demand has become increasingly large, and port construction and development are extremely fast. Now, China accounts for seven of the top ten ports in the world's throughput.
Today's global trade relies on shipping very high, and most of oil, ore and various goods rely on ocean transportation.
For example, the entire East Asia and Southeast Asia almost all oil has to be transported from the Middle East to ports by giant tankers;
The entire East Asia and Southeast Asia iron ore also relies on a large number of giant cargo ships to transport it from Australia and Brazil.
The Su family has operated port business for many years and has its own industries and shares in major ports in China. They are now preparing to build the largest shipping company in Asia and build the largest shipping fleet in Asia, which can complement resources with the domestic ports they have deployed.
In order to build the largest shipping fleet in Asia, the Su family not only invested a lot of money on its own, but also prepared to cooperate in depth with the consortiums of Japan and South Korea to give them a certain share and allow them to participate deeply.
The main reason for winning over the Japanese and Korean consortiums is that Japan and South Korea are both developed countries and the demand for shipping is also very large. Moreover, the Port of Busan, Japan's Port of Tokyo, and Yokohama, are all old-fashioned large ports in Asia.
If the Su family could also hold all the resources of these ports in their hands, by that time, the shipping company headed by the Su family could control the fate of the entire East Asia to a certain extent, and the future profit margin would be huge.
The Japanese and South Korean consortiums were extremely excited about the news. They all hoped to reach a cooperation with the Su family and then board the Su family's ship.
In Japan alone, there are at least a dozen families and consortiums that hope to cooperate with the Su family.
Chapter completed!