Chapter 1642

On the topic of real estate, they have discussed a lot and didn't mention it any more.

It was settled at random. The newspaper was quickly turned over and began to eat.

Chen Qing also talked about a serious matter: "boss, what are you going to do with Hyundai this time?"

Hyundai said.

During this period of time, the biggest excitement in South Korea is the internal struggle of the Zheng family of Hyundai Group. Specifically, it is nothing more than the father and son brothers competing for control. One chicken feather also leads to the thunder and collapse of several companies under Hyundai Group.

For Hyundai Group, some of Simon's favorite businesses, such as electronics, shipbuilding and entertainment, have been firmly held by Westeros. Of course, on the surface, the Zheng family still has a certain shareholding and considerable voice.

Therefore, the internal struggle of the Zheng family will inevitably damage the interests of the Westeros system. Among them, if several companies of storm thunder follow the past practice of South Korean chaebols, they will not only seek assistance from the authorities, but also tear down east walls and make up for west walls within the group.

This time, Simon certainly won't allow the Zheng family to tear down their own east wall and make up their west wall.

At this time, when Chen Qing asked, Simon said, "let's go to Seoul first. However, the main thing is mediation. Since the Zheng family can't live together, we can separate and take charge of some of them respectively, which can indirectly increase our control."

Chen Qing took a sip of her favorite red bean porridge and said, "boss, I still think why don't we just take all Hyundai and operate by ourselves?"

"I told you about the national conditions of South Korea."

"I think it's nothing," Chen Qing said. "Moreover, this time, if the boss wants, we can penetrate into Hyundai's automobile business, which is the most valuable part of Hyundai's assets."

Hyundai Motor, even with Simon's intervention, failed to merge Kia as it once did, becoming the first monopoly in South Korea, but it is still huge.

Simon listened to Nizi around him and said with a smile, "according to my heart, I actually hope to eat all the things I can eat. The problem is, in this world, we need to exercise restraint and can't take advantage of many things. Besides, do you know what is the biggest advantage of South Korea's automobile industry?"

Chen Qing thought for a moment and shook her head in confusion.

Simon said: "this is also a question I occasionally think about recently. The reason why Korean cars can flourish is mainly due to the cost. To put it bluntly, Korean cars have always been at the bottom of the world automobile industry pyramid and belong to the type that depends on low cost and low volume."

Chen Qing thought for a moment and said, "the boss mentioned the transfer of western industries. It is an inevitable trend to transfer from high-cost areas to low-cost areas. In that case, the low cost of South Korea's automobile industry should be an advantage, right?"

"That's the problem," Simon said. "The low-end cost advantage is easy to be broken. Like China, Korean cars currently rely on lower prices, and several major brands sell well in the Chinese market. But I'm sure that when China's local auto industry develops, Korean cars must be the first to be eliminated and expelled from the Chinese market, because their biggest advantage has been lost."

Chen Qing shook her head and said, "boss, you also said that the auto industry is not easy to do. How many years will it take for the domestic auto industry to develop."

"Next, if we take the initiative to participate in the promotion, it won't take long. So don't worry. We'll start to make efforts when China joins the WTO."

Chen Qing didn't doubt this, but added: "but, boss, isn't it more convenient for us to win an automobile factory in South Korea, have the technology and talent base, and then expand to China? Or what you said, only money can't do in the automobile industry."

"It's also about cost," Simon said "I prefer Europe. There are many auto companies that are on the verge of bankruptcy. Their technology accumulation is no worse than that of South Korea, and they can win at a very low price. South Korea, whether Hyundai, Samsung or others, is not small, so we need to pay more if we want to eat. Moreover, considering South Korea's industrial protection policy, it is not as easy to transfer as you think. In addition, ask a question, South Korea Joint venture brand, British joint venture brand, which one sounds more upscale? "

"Of course it's a British joint venture brand."

Chen Qing said that she had to admit that her boss had considered it comprehensively enough.

Simon drank some soup and changed his chopsticks to deal with a cage of steamed stuffed buns in front of him, Side road: "In fact, frankly speaking, I am not 100% sure that many of the decisions I have made are correct, because the whole Westeros system is too huge. Most of the time, I just follow some of the most basic economic rules, such as the industrial transfer just mentioned. Since many industries are bound to flow from high-cost areas to low-cost areas, we can't go against the trend, otherwise we will fail. Also, We can't think about making all the benefits. We can't make enough money, so we have to stop. "

Chen Qing nodded her head in recognition, bent her mouth and said, "there is another one, a good fighter, who can cause people but not people."

"Yes," Simon smiled and sighed, "the end of business is philosophy. Many things, to a certain height, determine the success or failure is no longer concrete and micro action, but strategic thinking in the general direction."

Chen Qing nodded again and suddenly remembered the newspaper she had just turned over. If she realized something: "I suddenly understand, boss, why are you optimistic about China's economic prospects."

Simon glanced at it unexpectedly: "what?"

Chen Qing pointed to the newspaper put aside: "most people always think that many of the things mentioned above are shouting slogans and too retreat. However, according to the boss's idea, it is these slogans that determine the direction of China's development. For example, the most clear one in the past two decades is reform and opening up. Since the direction is right, coupled with a certain executive power, even if the process is rough, sooner or later it will blossom and bear fruit."

"Very savvy," Simon nodded and smiled. "Besides, it surprised me to say that from your mouth."

Chen Qing has white eyes: "boss, I'm very smart, and I'm not angry."

Simon just smiled.

Chen Qing said with great interest: "boss, what else, I also understand why you are not so optimistic about the economic prospects of western countries, including the United States."

"Huh?"

After the cold war, the news of the West has just ended. I feel that there is no clear idea of the future. It is very clear to the West that there is no clear idea of the cold war

Simon smiled, "doesn't the information superhighway plan in the United States count?"

"The boss wants to hear the truth?"

"It doesn't sound good, so don't say it. I'm such a big capitalist, but I have a temper."

"Hehe."