Chapter 622: Precursor
Led by Hidenaka Sato, Masayoshi Kishimoto and Mirai Yamada walked out of the hotel with her, heading towards one of the areas where ordinary Koreans eat.
Masayoshi Kishimoto understands better than anyone else that to see whether a country's economy is good or not, we must not listen to the boasting of the media, let alone the propaganda of the official media, but should personally go to the grassroots level to conduct field investigations. He believes in that saying, without investigation, there is no right to speak.
"Seoul's economy is good! It makes me feel like I'm in Tokyo. Yamada Mirai saw ordinary Koreans, especially women, carrying large and small bags of various shopping bags in the shopping mall. Her most intimate intuitive feeling is that there is a saying.
"Sato, what do you think?" Kishimoto knew in his heart that this was the answer to the sentence in "Dream of Red Mansions", it was really a fire cooking oil, and flowers were blooming.
Although Hidenaka Sato did not know the true purpose of the chairman's visit to South Korea, he firmly believed that the other party must have come with a clear purpose.
"The South Korean government and central bank have put a lot of effort into stimulating domestic consumption and economic recovery. So far, it seems that there is indeed a good effect.
As far as I know, the real estate projects invested and constructed by our hard gold group in Seocho-gu, Gangnam-gu, and Songpa-gu of Seoul are selling very well. ”
Hidenaka Sato's personal preference is that the chairman personally came here to increase a new round of investment in Seoul, South Korea.
Masayoshi Kishimoto just smiled, but did not express his personal opinion. He knows very well that the target customer group of Gangnam District 3 in Seoul is the high-income group, after all, the real estate projects developed are high-end apartment buildings.
Even if there is a credit card crisis in South Korea, it will not hurt you in this area, but it is very likely that your property sales in Gangnam-gu, Seoul will increase.
Actually, the reason is very simple. Although high-income groups can use credit cards, they tend to be rational and often do not use credit cards to withdraw cash directly, but use them for card consumption.
On the contrary, low-income groups are irrational under the pressure of real economic life, and generally use credit cards to make a cash withdrawal.
The fee for cash withdrawals from credit cards can be quite high. The annual interest rate for cash withdrawals from Korean credit cards is in the range of 18%-25%.
Once the South Korean credit card crisis breaks out, the impact on the high-income group is not big at all, and it is minimal, after all, they are fully guaranteed by economic strength.
Houses in Gangnam District 3 are simply unaffordable for low-income groups in South Korea. It's good that they can afford to rent a house in the main city of Seoul.
In order to avoid the financial risks caused by the credit card crisis, high-income groups will increase their investment in real estate, resulting in the sale of houses in good locations and good areas.
The house is not only an ordinary commodity for Koreans, but also for Chinese, but also has a certain particularity in order to get married.
Men don't have a house, women don't marry. Those Korean girls who were born and raised in Seoul are so high-minded that most Korean boys are discouraged.
Masayoshi Kishimoto, Hidenaka Sato, and Mirai Yamada walked into a general barbecue restaurant suitable for the consumption of ordinary Korean people. They sat down separately in a window position.
Masayoshi Kishimoto looked at the people-friendly decoration in the store, and then looked at its consumer price, which is completely acceptable to ordinary Korean citizens.
He noticed that the number of customers in the restaurant was not large, and the location of the barbecue restaurant was not remote. It's time for lunch, but not many people spend money in the store, which means it's not a good economic phenomenon.
The normal phenomenon of a good economy is that the business of the restaurant is booming. Ordinary citizens have money in their pockets, and they don't want to cook for their own convenience and for the sake of good food, so they naturally choose to eat out.
"If you're not feeling well, there's a nice Korean barbecue restaurant not far away, on the street next door. "Hidenaka Sato is particularly attentive and pays attention to the president's every move.
"I think it's nice here. Do you think it's bad here?" said Kishimoto with a slight smile.
Even if Sato Shuzhong felt that it was not good here, he didn't dare to say it in front of the president: "No, absolutely not." ”
My income has long since gotten rid of going to such places to eat. If he wants to eat barbecue, he will also go to the high-end Korean barbecue restaurant on the next street.
He is a veteran driver in the workplace for many years, and of course he understands the way of dealing with the world that has always maintained his taste with the boss. Not to mention walking into such an ordinary Korean working-class shop. Even if the boss wants to eat a roadside stall, he will follow and eat correctly, and he will show that the food is particularly delicious.
Masayoshi Kishimoto looked at Mirai Yamada and said, "What do you think?"
An important factor in Yamada's ability to secure the position of the president's secretary in the future is not how strong his ability is, but his ability to read some of the president's thoughts.
She had long known that the president liked market culture, and smiled: "Very good!"
"Sato, you can translate for me. Tell me if Koreans don't like to eat barbecue at noon?" said Kishimoto when he saw a clerk walk up to them.
Shunaka Sato, who is very fluent in Korean, asked a question, and the clerk answered truthfully.
Hidenaka Sato seriously reported to Masayoshi Kishimoto: "She said, no. I don't know what's going on lately, and business has suddenly become less good.
There are a lot fewer people coming to the restaurant to eat barbecue. At this time last year, not only were there many people eating barbecue at noon every day, but there were also long queues. ”
Kishimoto got it. He knows that this is one of the precursors of a bad economy and a crisis. On the one hand, the streets seem to be very prosperous, and on the other hand, the consumption necessary for people's livelihood is shrinking day by day.
At this time, Shunaka Sato got up and sent the menu to Masayoshi Kishimoto. I don't dare to decide what they will eat at noon today. He felt that he was fortunate to be able to sit here with the president, and he was already fortunate to be able to live three lives.
"I don't know Korean. You guys!" Kishimoto blurted out.
When Sato Shunaka heard "you", he was stunned for a moment, and then suddenly understood. Yamada is also likely to be able to speak Korean in the future. He handed her the menu in his hand, intending to confirm whether his guess was correct.
Yamada Mirai was not polite to the other party, and directly took the menu and ordered the best meat, the best dishes, and the best wine in this restaurant.