Chapter 667

Li Feng and his party arrived here before a Garden Mansion covering an area of 4000 or 5000 square meters in the mid mountain luxury residential area extending at the east foot of Nanshan Mountain.

This is the mansion of Lee Kun hee, who is now at the helm of Samsung. This mansion is known as "one of the most expensive mansions in Korea", which is also in line with other people's identity.

At this time, although Samsung is not the Samsung empire known as controlling South Korea, it is also second only to Hyundai and Daewoo in South Korea. However, with the recent outbreak of the Asian financial crisis, these South Korean chaebols focusing on export trade are in trouble at this time.

South Korea is also a well-known country. It is fairly good in all aspects. Before the financial crisis, South Korea's per capita income exceeded 10000 US dollars. It is known as a country close to the level of developed countries.

In Li Feng's view, such an economic "big country" with a population of tens of millions is a wonderful flower, and the wealth will be so concentrated. The chaebol family here really determines everything in this country.

Today, the total assets of South Korea's five chaebols account for half of South Korea's GDP, and South Korea's 30 largest chaebol families control nearly eight layers of wealth. It is conceivable that the country's wealth is concentrated to the point of how abnormal it is.

People who study economics say that wealth follows the 28 / 20 rule, that is, 20% of people control 80% of wealth, while 80% of people control 20% of wealth, while those who control 80% of wealth in South Korea may be ignored if they really want to calculate.

Therefore, Li Feng is more and more relaxed about the so-called rich list. He still remembers that the wealth of later generations, such as Li Jianxi, is only dozens of places and more than $10 billion on the Forbes list. In Li Feng's opinion, the wealth of these families is estimated to be hidden.

You know, at that time, South Korea was called Samsung South Korea. The Samsung chaebol almost reached nearly 20% of South Korea's wealth, and the chaebols in South Korea were controlled by families, and the proportion of shares controlled by families was very high.

……

When the team stopped before arriving at the mansion, Li Feng saw Samsung controller Li Jianxi leading his wife and several children standing at the gate to meet, which gave Li Feng enough face.

In fact, the current Li Jianxi mansion has become the focus of attention of the whole mid level luxury residential area. The people living here are people at the peak of power in South Korea. It is estimated that they have received the news of Li Feng coming to South Korea. The more the upper class people understand what Li Feng means now.

This is a 17-year-old large-scale consortium spanning finance, real estate, media, military industry, automobile industry, Internet, etc. in just over two years, with strong development momentum and a trend of catching up with and surpassing the traditional giants.

Such a powerful figure arrived at a time when the financial crisis is raging and South Korea's economy is on the verge of collapse. I don't know whether it is good or bad for South Korea. Many people have the same mind, especially Daewoo, Kia and other group families and senior executives.

"Mr. John, since the last farewell of the United States, you have really surprised everyone. You can't use genius to describe you. It's an incredible miracle." Seeing Li Feng get out of the car, Li Jianxi came forward with a smile, stretched out his hand and held Li Feng's hand warmly.

"You're welcome. Your Samsung Group is now a world-class consortium. I've just stepped out of the United States. I'm just on my way. You and your Samsung are my examples." Li Feng also smiled and replied modestly.

The two people pretended to be coquettish, and then introduced each other. Li Jianxi introduced his wife and others. Li Feng also introduced Wang Siqing and others who accompanied him. They walked into the mansion.

……

"John, you're from the bay. You shouldn't have had lunch yet. Why don't we have lunch first?" Li Fuzhen asked at this time.

"No, we had lunch on the plane before." Li Feng didn't pretend to be sentimental. He did eat it on the plane.

"Well, by the way, my father left the house nearby empty. You lived there during your stay in Korea, so you don't have to stay in a hotel. What do you think?" After taking the seat, Li Fuzhen, the three-star princess, asked again.

"Oh... I don't care. I was going to the Hilton Hotel before. It seems that you are helping me save money for staying in the hotel." Li Feng smiled and joked, but he didn't refuse.

"We pulled you from the Bay and arranged your check-in life. It should be." At this time, Li Jianxi also explained with a smile.

"OK, then I'm welcome."

"Should... Should..."

"John, why don't I take someone to arrange it first?" Wang Siqing said at this time.

"I think so. I'll let Fu Zhen and them accompany Miss Anne." Li Jianxi echoed with a smile again.

"Well, sister Qing, please take Jianguo and them. Just leave Carl here. I'll come in a minute." Li Feng thought it was ok, and then faced Wang Siqing and Wang Jianguo and Carl behind him.

"OK, boss, I'll arrange it first. Carl, you stay here." After listening to Li Feng's words, Wang Jianguo answered Li Feng, then said to Carl and turned out of the mansion.

"OK, I'll arrange it first. Chairman Li, Mrs. Li and everyone else, I'll leave first. Thank you for your hospitality!"

With that, Wang Siqing got up and then went out of the villa under the leadership of Li Fuzhen. At the same time, Li Jianxi's wife and two daughters went with him, leaving the Li family, their father and son and Li Feng in the hall.

……

"John, I heard that with the financial crisis in Southeast Asia, your Tianya investment income is extraordinary!" Seeing that there were only three people left in the hall, Li Jianxi said with a look of envy.

"Ha ha... You flatter me. I'm just drinking soup in the back. I'm lucky. Soros, they eat big heads." Li Feng laughed and said.

"Oh, it's not just soup. In other words, we Samsung also have an idle fund in our hands. Otherwise, when Tianya investment operates again next time, I'll give all the funds to you Tianya investment temporarily. How about it?"

"Really, you don't worry about losses. This is not a good time to invest." Li Feng replied with a smile.

"Yes, who can guarantee the investment in the financial market? Since last month, our domestic stock market has plummeted, and our exchange rate has also plummeted. Now we Samsung have suffered heavy losses. If we can't stop the loss, Samsung will close down."

"Hehe... Chairman Li is too modest. There will be no problem with a big consortium like Samsung, and the government will not let a big consortium like Samsung go bankrupt. You'd better relax." Li Feng joked with a smile.

"Hey... Now the government can't protect itself. It has been negotiating with the IMF for several rounds recently, and I don't know the final result?" Li Jianxi shook his head and smiled back.

"I think South Korea is the 12th largest economy in the world after all. The IMF will not see the South Korean economy fall, otherwise it will cause the downturn and panic of the global economy. Therefore, I think an agreement will be reached soon." Li Feng replied with a smile.

……

As the leader of South Korea's big chaebol, he naturally knows the situation of the government. Li Jianxi is also very clear that the government is now negotiating with the IMF. Similarly, Li Jianxi also knows what kind of organization the IMF is privately.

The IMF (International Monetary Fund) and WB (World Bank) have become the two major financial institutions in the world, but Li Jianxi is very clear that behind these two institutions are controlled by the United States, and behind these two organizations are the chaebols of European and American financial institutions.

Although today's IMF and WB, with global economic integration, are not as tightly controlled by the United States as at the beginning, the theme is still dominated by the United States.

With the development of the global economy, especially the later rise of China, Li Feng has the impression that after the new century, China's share in the two major international financial organizations is also increasing, the national economy is rising, and the influence of this institution is also increasing.

Now South Korea's economy is in a slump, heavily indebted and heavily indebted. If it is forced to sign an unequal agreement with the IMF, the economic achievements of South Korea for decades will be swept away by others. The chaebols behind it are now eyeing it.

It is precisely because Li Jianxi understands and therefore has all kinds of concerns.

......

"Your Korean government's foreign exchange reserves are too small. As far as I know, it seems that only a few billion dollars of foreign exchange reserves before, resulting in the long empty foreign exchange reserves today, which will lead to the continuous decline of your exchange rate." When Li Jianxi was worried, Li Feng said casually and playfully.

"Isn't the decline of exchange rate caused by the attacks of you international hot money, speculators and Wall Street chaebols?" After listening to Li Feng's words, Li Jianxi replied with angry eyes.

"Ha ha... Chairman Li, there were problems in the economic development of South Korea before. The enterprise expanded too fast and the debt was too high. Now the financial crisis is just right. You can slim down your enterprise and build a solid foundation, can't you?"

"I hope so!"

……

Both of them may feel that the topic is a little heavy, and they have suspended the conversation in this regard. Then they start talking about home, what the elderly are in good health, etc. the two have experienced a brief confrontation.