Volume 1: Japanese Storms Chapter 28: Nana Visits China (4)
The reason why Fujian was chosen is, first of all, because it is indeed the closest place to Taiwan, and more than 80% of Taiwanese compatriots have their ancestral homes in Fujian Province. The top ten Taiwanese enterprises investing in Fujian are equivalent to investing in their hometowns, returning to their roots, and at least on this point, they will not trigger resistance emotions; secondly, because there are many deep-water berths here, which is also a great help for the future development of the distant navigation industry; and thirdly, because Fujian is a famous hometown of overseas Chinese in China, many Minnan Chinese have started their own businesses in the Philippines, Malaysia, Indonesia! In short, this is a very important industrial layout.
In November 1987, Mark Mobius brought US$2 billion into Taiwan!
From 1987 to 1991, the Taiwan stock market suffered three major crashes: starting from October 19, 1987, due to the influence of Black Monday on Wall Street, the Taiwan stock market plummeted 52% (from 4796 points to 2297 points) within three months; starting from September 24, 1989, due to the Taiwanese authorities' announcement to re-impose capital gains tax on securities investments, the Taiwan stock market fell 47% (from 8813 points to 4646 points) within a month, with a continuous decline of 14 days; and starting from January 1, 1990, the Taiwan stock market plummeted 80% (from 12682 to 2560) within nine months. In these three crashes, Mark Mobius, under Jerry's guidance, turned $2 billion into $10 billion. After November 1990, international hot money withdrew from the Taiwan stock market on a large scale. With massive dollar aid from King Fund, Mark Mobius began to heavily buy stocks of Taiwan's top ten enterprises. By the time Caijing visited China, JR Investment's average stake in Taiwan's top ten enterprises had reached 37%. Super- enterprises like Hon Hai and TSMC were absolutely not allowed to be controlled by others. Guo Taiming's Hon Hai had already set its sights on the Chinese market as early as 1988! The Wang brothers of TSMC were also looking for a way to break through China's huge tariff barrier! No one is stupid!
Controlling stake, it's just an exaggeration!
However, for Taiwanese companies to fully enter mainland China, this shareholding ratio is already sufficient!
Of course, Jerry's idea is not just to kidnap Taiwan's economy, but his ultimate idea is still to use Taiwanese enterprises as incubators for mainland Chinese enterprises!
Imitation is something Chinese people never lack!
Once the technical barrier is broken, the growth rate of China's emerging enterprises will be explosive!
I hope you stand on the shoulders of giants and won't accidentally fall over!
After inspecting the specific situation in Fujian Province, the Japanese delegation finally completed this visit to China and boarded the plane back to Japan!
Looking out at Beijing getting smaller and smaller in the distance, Jerry still felt a hint of helplessness! After all, what was on his mind was not the three words "Chinese people"!
"What's wrong, Jerry?" Tanaka Nana looked at Jerry's little hurt and reached out to touch his little face.
"It's nothing! I just suddenly feel like leaving China and it's a bit hard to bear!"
"Is that so! Don't worry, Jerry, didn't Deng say that you're always welcome to come to China? I can tell he's quite fond of you! Maybe someday you'll have a concert and can make China one of your stops. Then, wouldn't you be able to come back to China again? Hmm, be sure to send Deng a ticket!"
Jerry's mouth started, let Deng Gong come to the scene to watch the concert, please, Cai Cai Zi, you still spare me!
"By the way, Nana-chan, how's the discussion on cooperation with Mitsui Aiko in the ocean shipping industry going?"
"It's still quite difficult! The Mitsui conglomerate will absolutely not give up this market! Ocean shipping is an important component of Mitsui Shipping, and it is closely related to Nippon Steel & Sumitomo Metal and NSSMC, with very complex interests involved! It's not something that can be easily cooperated on just by saying so! Currently, if you want to force the Mitsui conglomerate to back down, you'll have to use a 10-year debt to suppress them!"
Jerry shook his head, "It's not necessary to do so for the time being! The purpose of keeping Mitsui Zaibatsu is mainly to use it to restrain other major zaibatsus. When they are desperate, they will jump over the wall! Besides, these giants! Let Robert investigate the source of minerals in Japan's steel industry later!"
"Does Jerry want to start with the ore?"
"I've got an idea! Hmm~ Kanako, what do you think if I go back to school?"
"Go to school?" Tanaka Nana looked at Jerry in surprise, "How did you come up with this idea! When Bob was about to enter elementary school, didn't you tell me, Nana, you're really good at joking, those kids in elementary school can understand game theory and differential calculus? That's what you said to me! But now you're telling me that you want to go to school?"
"Hmm? Actually, I think the company doesn't have anything for me to do right now! The framework of the entire industry has already been set up by me, see... Tokuma Shoten Publishing Group has been reorganized and is now led by Tokuma Yasuyuki; the acquisition of Sanrio is still under negotiation but it's basically a done deal, and after the merger, Sanrio Boys' Division will be established with Tsuji Shintaro as its president. The restructuring of Sumitomo Bank, Mitsui Bank, and Japan Long-Term Credit Bank is still ongoing, but with the help of Mitsui Aiko, there shouldn't be any major issues; I've also decided on the president of Japan United Credit Bank, who will be Y Entertainment's Ideta Tadashi and Inoue Hiroshi. You don't need to worry about anything! As for Vanilla Sky, APOM, Square, O-film, Pixar, B Estate, and Manga Talent Fund, they all have their own well-established management teams. And every month at the manager's meeting, the company's relevant information will be integrated. You can rest assured that King Fund and JR Investment are also in good hands, with Bob, Robert, and the four major investment groups' systems maturing day by day! Nana-chan, what do you think? Is there anything for me to do now? I don't feel like there's anything at all! So, going to school last time was a great choice! And I'm only 11 years old right now!"
"Don't make excuses for laziness, Jerry!" Tanaka Nana raised her hand and was about to give Jerry a punch, but unfortunately, her hand hadn't even landed on Jerry's body before it was caught by him!
The little guy stared at her, his scorching gaze seemed to want to suck her soul in as well. This feeling made Tanaka Nana feel a thread of unbearable heat, and even her cheeks began to flush with a crimson red!
"Haha... Cai Cai Zi, you're still so naive! I'm serious though, because my dream is to be a rice worm!"
Tanaka Nana's hand directly withdrew in embarrassment, and the previous light but not heavy slap landed squarely on Jerry's body!
Hey! Hey! Do you still have a bit of a mother's demeanor with this attitude?
Jerry laughed loudly! V