Chapter 027: China, Japan, and South Korea

The flight from RB Tokyo to San Francisco went into night flight mode, and the lights in the cabin were dimmed.

Most of them put on black blindfolds and went to sleep. Yanai Masashi is no exception. Only Kishimoto is the only one who can't sleep.

It's not that he's overly energetic, but he misses the warm 1.8-meter bed in his home. To put it bluntly, I just have a small problem of recognizing bed sleep.

He was tired of holding the book, folded a page into a small triangle, held the book in his hand again, and looked sideways out of the cabin glass.

Masayoshi Kishimoto was talking to Yanai about South Korea, which was hit hardest by the Asian financial turmoil.

He sighed in his heart, Korean dramas are fairy tales for adults, they are basically deceptive, and the actual life of Koreans is not hard, but really hard and hard.

It is a small country, with a population of 50 million, and Seoul has a population of 20 million. I have studied geography myself, and I also know that the Korean Peninsula is not mainly plain, but mountainous, and the climate is cold.

This is not conducive to the large-scale cultivation of food crops, as well as to carry out a large-scale mechanized harvesting. Objectively speaking, South Korea does not have much advantage in geography, and it is also under military and political pressure from the north, so it is really good that it can build up the economy.

However, the huge price to be paid for the capital economic circle centered on Seoul is to carry out all kinds of high-intensity oppression and sacrifice of ordinary people.

Koreans are ranked among the best in the world in terms of total working hours throughout the year, much higher than RB people. On top of that, they also have to endure all kinds of huge pressures from society.

From the Korean college entrance examination, you can get a glimpse of what is going on, "three up, four no". This means that Korean students who sleep three hours a day will be able to get into college, and if they sleep four hours, they will be defeated.

If you want to be admitted to SKY University in South Korea, that is, Seoul National University, Korea University, and Yonsei University, in addition to putting in more effort than others, you must either have a smart brain or a good family background.

The reason why these three universities are supreme in the hearts of Koreans is not only because they are prestigious universities, but also because they are recognized by social class and their own future development.

Even falling in love and getting married is also a major audit indicator. In the past, Chinese always said that RB's concept of blood is heavy, and compared with South Korea, it is much lighter.

And Chinese mainland is the lightest, after all, the revolution has the benefits of revolution. However, before he was reborn, the concept of Chinese mainland blood began to gradually revivenation.

Large Korean companies such as Samsung, LG, and Hyundai generally only recruit full-time employees from SKY University. Kishimoto knows that the average annual salary of Samsung's regular employees in 20 years can reach 120 million won, that is, nearly 710,000 yuan.

With an annual income level of 710,000 yuan, you can live more comfortably in Seoul, support your family, pay for a mortgage or something, and there will be no pressure.

In addition, ordinary South Koreans, who are mostly low- and middle-income people, feel a lot of pressure to pay rent, and even from time to time there will be news of suicide due to inability to pay rent.

Besides, electricity in South Korea is not cheap. Don't look at ordinary working-class people hanging air conditioners, it's not like you can use them if you want to. This is often when the whole family is together, and the air conditioner will be turned on.

Villas in Korean dramas, high-end apartments, big houses or something, those are all luxuries that do not exist in the real life of ordinary people.

This is not only in Seoul, but also in the international metropolises, which are almost the same, after all, they are completely in line with the laws of the economy, and if there are more people and less land, it will inevitably become like this.

Kishimoto has no prejudice against Koreans, and he doesn't think they are Goryeo sticks. If there is anything, it is that the general view of their own ethnic group towards overseas Koreans is that those who have money are compatriots, and those who have no money are foreigners.

South Korea is a nouveau riche country, which has led to various scandals in their chaebol families from time to time. Samsung Group to Lee Jae-yong, but only the third generation.

Yataro Iwasaki, the founder of the Mitsubishi Group like RB, began with the Meiji Restoration. By the time the Mitsubishi Group was defeated in World War II RB, it was dismembered by the Americans in various ways, and it was already in the fourth generation.

To this day, the Iwasaki family's direct and collateral lines still have shares in the Mitsubishi Group. As little as 2%, as much as not. They also cross-stake each other.

At this time, the Mitsubishi Group, although no longer the first chaebol of RB like Yataro Iwasaki at that time, was also a giant with 28 core large companies and 4 or 500 loose other companies.

The Iwasaki family started from the first generation of Yataro Iwasaki, and today, it should be at least the sixth generation. Those who have been rich for more than three generations are blue blood, and a family like theirs has already entered the deep blue.

Therefore, there have long been complete family rules to regulate and restrain the words and deeds of family members outside. The members of the RB chaebol family tend to be particularly low-key.

Kishimoto's current thinking appears to be quite active. When he moved his body sideways again, he accidentally saw Yanai Masa, who was sitting next to him.

I know very much in my heart, although the current Uniqlo is on the rise, but it has not yet achieved economies of scale.

If economies of scale are not realized, then the cost of the company will not be able to be reduced to the greatest extent, and the bargaining power will not be able to be actively grasped. Before he could maximize profits, Yanai would need many more years to expand Uniqlo.

When the time comes, the other party needs to carry out a large amount of financing, and its various investments have already blossomed and borne fruit, and a huge return has arrived.

For this reason, Kishimoto also understands that new troubles will follow, and getting up every day is not a matter of worrying about making money like ordinary people, but worrying about how to spend money to get out.

Money can only create value when it flows. Let it lie down and sleep, that doesn't add value. In addition, RB Commercial Bank has always had a tradition of maintaining 0 interest rates, and if you want to eat interest or something without using your brain, don't dream about it as soon as possible.

Instead of buying financial products from commercial banks, it is better to invest directly in the projects yourself, so as to earn a much higher profit return.

The corners of Kishimoto's mouth couldn't help but rise upward, thinking that others would not have their own uncertain prophets for the future for more than twenty years. All he has to do is do everything he can to achieve success in his investment.