If you are not interested in medieval Mediterranean trade, you will never know what a city like RNY meant to Europe.

Although Lin Yilong has some interest in this aspect, he does not have any feelings about the city of RNY. The city and Venice were both commercial republics from the long Middle Ages to the Napoleonic Wars, but they were nowhere near as attractive to visitors as Venice, the "Pearl of the Adriatic".

The same is true of the two city-states of Livorno in Tuscany and Amalfi in Campania – although Florence and Naples, the capitals of these two regions, are better known.

Incidentally, among the study abroad groups around Lin Yilong, when it comes to the "worst employer" selection, Italians always come out on top. Although Lin Yilong has never met an Italian employer, he has heard of his reputation as "low-paid and troublesome". Combined with Lin Yilong's experience in dealing with Italians at several agricultural fairs, he has no good impression of Italians who are fueled by hormones.

The bad impression of Italians turned into a bad impression of Italy, maybe the Italian scenery is good, but Lin Yilong didn't think it was much better than South Wales.

Therefore, when the yacht arrived in Livorno, Lin Yilong did not follow the others to Florence, the capital of the Renaissance, and there were some chores that he needed to deal with.

In the spring of that year, in addition to Foster's capital increase to stockholders, the survival of 6,000 Talbot Iron became even more concerned throughout Wales.

Located in West Glamorgan, the Port of Talbot is named after the Talbot family who invested in a deep-water port here in the 19th century, although the name has "port", although it can indeed handle 170,000 tons of ships, it is not too famous a deep-water port, and naturally it cannot be compared with the modern seaport of the Mediterranean. The only comparable Mediterranean port is Livorno, which was once bustling and lively. Even so, the expansion that needs to be carried out on this is still necessary.

The steel industry is already a sunset industry in Western Europe. As a result of the transfer of industry, the European Union, as the most basic subject of the "European Coal and Steel Consortium", did not continue to extend its life cycle when the document signed in the fifties of the 20th century expired, but announced its termination. I don't have much capital and energy, and I invest in industries that only lose money. The transformation is not impossible, but the special steel market has been saturated, and only base metals have no way to compete with outsiders in East Asia for the market.

As a result, these factories had to be transformed, and it was only a matter of time before Talbot Steel, the largest steel industry in Britain (and perhaps the third largest in Europe), was abandoned.

Lin Yilong is going to promote the transformation of this enterprise - Nadia's research institute is in his plan.

In the process of taking over Talbot Steel, Lin Yilong discovered that the mill's workers' pension scheme had been borrowed from the mill's previous employer for production (author's note: it did happen via Wales Online). Once he takes over, he faces a funding gap of nearly 250 million pounds, which is deliberately not revealed. Under the law of mergers and acquisitions in the United Kingdom, the transferor does not have such an obligation to explain all matters to the buyer, and if the loss is caused by a careless investigation, it is a loss and must be borne by the buyer itself. When Lin Yilong got all the details in his hands and put Katie in charge of the acquisition negotiations, Katie unexpectedly reduced the overhead.

As a large producer of crude steel, there are no shipyards nearby, and there are no particularly large automobile producers, because the low price of crude steel exported from East Asia cannot be raised. It is better to transform the entire steel mill as soon as possible to produce carbon fiber and composite fiber as new materials, which is more in line with Lin Yilong's plan.

Port Talport is also indeed the best place to be, with the empty bus' British assembly plant and parts production plant in Newport, less than an hour and a half from Port Talport, and the steel plant next to the thermal power plant, which provides the "cheap energy" needed to produce aluminium and carbon and glass fiber. Although mining is sluggish, coal can be purchased cheaply nearby as long as it is needed. In addition, Lin Yilong could also consider applying for a subsidy from the Westminster Treasury, which is related to environmental taxes.

"Since we've been taxed all along, we're either going to have to pay the same tax to steel importers, or we're exempt from the tax in the form of special subsidies. Lin Yilong and His Excellency Member of Parliament Nathan, who represents the area where Port Talbot is located, spoke very sincerely about the problems they need to face after the acquisition, "Otherwise, in terms of the competitiveness of steel products, they will not be able to compete with their competitors in any case." ”

If it weren't for the trade industry who was reading dead books in the library or office, he would know that once the EU exports EU goods were taxed at environmental tax rates, East Asia's comparative advantage in trade would be wiped out, and it would not be able to compete with locally produced crude steel, which is indeed what industrial companies within the EU are actively lobbying for.

The question that is presented to Nathan is a difficult dilemma: because of the internationalization of trade and the constraints of the trade framework, Westminster cannot provide subsidies or tax breaks to the steel industry – international trade will not only be needed for East Asia, but also for the pond, and for Africa and the Middle East. Once the "subsidy" method advocated by Lin Yilong is adopted, it may even fall into more serious trade disputes, which is the most unlikely feasible solution.

Councillor Nathan is unlikely to be perfunctory to Lin Yilong because of this issue, and the parliamentarian is even more afraid of the bad consequences of the closure of Talbot Steel's election results, and if he wants to continue to serve his constituents in this position, he cannot but respond to Lin's proposal.

Lin Yilong knew that this issue would not be supported, and even if he got Senator Nathan, at least at the level of the Palace of Westminster, he would still be alone, and if Lin Yilong produced carbon fiber, he would have to build a chemical plant next to the steel plant - even if carbon fiber production was not on the list of high pollution, the residents of Port Talport would not listen to Lin Yilong or the experts he invited, and only believed what they saw. However, if you choose between this concept and the choice of making yourself unemployed, the lesser of the two harms, it must be the will of the "capital" to be implemented - the days when you have no money are really painful.