Chapter 915: You Need a Heavy Outfit (Finale)

After receiving the government's notice on the lifting of the chip ban, Lanna and Plaster immediately sent executives to China to communicate with old customers, claiming that the previous sanctions had nothing to do with them, and that they were willing to resume the supply to old customers immediately, and they could give old customers a preferential price to make up for the damage caused to each other.

But the managers of Luo Ye, Chen Yu and other companies gave them an apologetic answer: I'm sorry, because you unilaterally breached the contract and interrupted our chip supply for no reason, causing us huge economic losses, and we have filed a lawsuit with the court. If we want to resume procurement, we can also pay a fine of $5 billion first.

The $5 billion fine, of course, is just a sky-high asking price, and neither Lanna nor Plaster can accept it. Loin and Rivner believe that if they find a few lawyers from the United States to go to court against the Chinese side, there is a good chance that they will have the upper hand, or at least the amount of the fine can be reduced to a level that does not matter at all.

However, they know very well that what the Chinese side wants is not a fine at all, but a temporary restriction on the sale of the products of the two companies because of the lawsuit. The court said that you still have a $5 billion lawsuit on your back, and it is not suitable to do business in the Chinese market at this time. Of course, you may be justified, but until the court decides, it's better not to sell your product......

So, when will the court be able to make a verdict? Luo Yin specially asked a lawyer to inquire about it, and the court gave a lot of objective reasons, and finally claimed that the case would definitely be concluded within five years at most.

Five-year ......

Loin and Rivner really wanted to cry without tears. IT companies seem to be in full swing, but the speed of market turnover is also amazing, and five years is enough for Lanna and Plaster to cool down several times.

Eventually, Lanna and Plaster opted for out-of-court settlements with several clients, and after paying $500 million in compensation, they were eligible to return to the Chinese market. However, at this time, Chaoheng Company and a number of other Chinese industrial control chip companies have grown up, and Lanna Company and Plaster Company have used price wars, public relations wars and other methods that can be thought of to regain 1/3 of the share of the Chinese market, which is still because the performance of some Chinese domestic chips is not up to par and cannot fully replace imports.

After the restrictions on chips were lifted, Haifei's last struggle was over. Lei Jin declared the company bankrupt, and Luo Ye proposed a wholly-owned acquisition of Haifei, but was blocked by the Meipu government. In fact, Haifei no longer has any assets worthy of protection by the Meipu government, so Meipu is just embarrassed to get into the sheath, and he can't watch Luo Ye take Haifei into his pocket.

The bankruptcy of Haifei is just the beginning. The trade war has hurt the vitality of the United States and accelerated the decline of many American manufacturing companies. In Detroit, Pittsburgh and other cities, which were once the industrial centers of the United States, a large number of enterprises closed their doors, machinery and equipment stopped roaring, lying quietly in workshops and warehouses, and soon became covered with rust, and these areas also won the title of "rust belt".

"Mr. Qi, you are a globally recognized expert in industrial revival theory, what do you think about the emergence of the 'rust zone'?"

It was in the large lecture hall of Detroit City Hall, and Qi Ruicang, an economist from China, had just finished a lecture on the revival of the old industrial base, and entered the audience to ask questions. A reporter from a local media outlet in Detroit couldn't wait to ask Qi Ruicang a question.

Qi Ruicang once served as the deputy director of the China Merchants Bureau in Yubei and personally participated in the revitalization of the old industrial base in Yubei. Later, he returned to the National Development Research Center and, together with his classmate Ding Shikuan, put forward a set of theories on the industrial transformation and industrial rejuvenation of the old industrial base, and put forward the governance strategy of the old industrial base combining government guidance and market competition.

Because the theory put forward by Qi Ruicang and Ding Shikuan emphasized the role of the government in industrial rejuvenation, this theory was quite controversial in the West, and some liberal economists strongly criticized this theory, believing that only a completely free economy is the guarantee of industrial rejuvenation.

The advent of the financial crisis was a heavy blow to the liberal school of economics that believed in "Smith's dogma", and the so-called "Qi-Ding industrial revitalization theory" was increasingly recognized by the mainstream economic circles. The local governments in the "Rust Belt" had pinned their hopes on the revitalization of local industries on Mayp's policies, but as the trade war between China and the United States reached a stalemate and the United States gradually turned from aggressiveness to left and right, everyone began to realize that perhaps China's experience is more valuable, after all, China has a successful case of revitalizing the old industrial base in the north.

It was in this context that Qi Ruicang was hired by the City of Detroit to be the Detroit Pulse.

"As an old industrial base, Detroit's decline is due to the global industrial shift, as well as the untimely renewal of its own industry. No matter how brilliant an industrial base once was, if it cannot keep pace with the times, keep up with the trend of new technologies in the world, give full play to its own advantages and make up for its disadvantages, then its decline is inevitable. Qi Ruicang said.

"Mr. Qi, can I think that your evaluation is not limited to Detroit, but to the entire United States. Another reporter asked.

Qi Ruicang smiled slightly and said, "It's okay if you want to understand it like this." So far, the United States is still a world industrial power, and the United States is still the world's leading in aerospace, aviation, semiconductor, biopharmaceutical, and other industries. However, if we go back 50 years, we can see that Detroit's steel, machinery, automobiles, and other industries are also world-leading, but where is this leading edge now? In today's world, technological progress is advancing rapidly, and if any country prides itself on being technologically advanced and slack, it will soon be abandoned by the times. And if the country does not want to forge ahead and blindly hopes to maintain its leading position by suppressing other countries, it will only end up humiliating itself. ”

Hearing Qi Ruicang say this, a member of the audience raised his hand and said: "Mr. Qi, are you talking about the US-China trade war initiated by President Meipu? Just this morning, a high-level trade delegation sent by the Chinese government arrived in Washington under the leadership of Mr. Feng Xiaochen. President Mapp personally received the delegation and expressed his sincerity in hoping that the trade dispute can be resolved through negotiations, do you think it is possible for the United States and China to reach an agreement that satisfies both sides?"

"Between China and the United States, peace is beneficial to both sides, and fighting is harmful. I myself studied in the United States and have a deep affection for the United States. I think the United States is a great country, and China is also a great country, and I don't want to see these two countries fighting each other. The Pacific Ocean is wide enough to accommodate the two major powers, China and the United States, so why should we start such a senseless trade dispute?"

Qi Ruicang said with emotion:

In fact, the industrial structure between China and the United States is complementary, China needs American agricultural products, energy products, and high-tech products, and the United States also needs industrial products from China, including the industrial equipment needed to revive American manufacturing, as President Mapp claimed. If I'm not mistaken, the Sandy Company in Detroit just introduced a set of 1,700 mm hot rolling mills from China last month, which is said to have been signed by President Maple himself, which fully shows that President Maple is also aware of the significance of Sino-US cooperation, and I think he is sincere about the sincerity of the high-level Chinese trade delegation led by Mr. Feng Xiaochen. ”

"That's true. The mayor of Detroit, who was sitting next to him, nodded and said, "If we want to revive Detroit, many factories need to replace equipment, and a considerable part of the equipment needs to be imported from China." By the way, Mr. Qi, when it comes to the 1700 mm hot rolling mill that Sandy has just imported from China, I don't understand one thing. It is said that when the Chinese manufacturer shipped the mill, he gave 20 flush toilets to Sandy for free, is this a symbol?"

"Uh......"

Qi Ruicang was dumbfounded, he really knew about this matter, because this idea was Feng Xiaochen's idea. When Feng Xiaochen made this request to Qin Chong Machinery Group, which exported hot rolling mills, he was echoed by Qin Chong's officials and engineers. As for the reason for this, Qi Ruicang also asked Feng Xiaochen for verification, and knew the sad story about the toilet when China introduced hot rolling mills from abroad 40 years ago. But on this occasion, it is inconvenient for him to disclose this.

Fortunately, at this time, someone asked another question, thus diverting the question that embarrassed Qi Ruicang. The man asked:

"Mr. Qi, as one of the proposers of the famous 'Qi-Ding Industrial Revitalization Curve', do you have any good suggestions for the revitalization of the manufacturing industry in Detroit and even in the United States as a whole?"

"Suggestions?" Qi Ruicang thought for a moment and said, " First of all, the elite of the United States should realize that industry is the cornerstone of a country, a big country, and should put industry in the first place at all times, and should not allow the financial industry to erode the industrial organism; second, the revitalization of industry needs a large number of skilled industrial population, and the government should intensify industrial technology education and encourage more young people to invest in industry; third, the development of industry needs to have a long-term plan, the United States has had a good practice before, but in recent years this long-term planning has become less and less, and the government and investors are too short-sighted, which will make the United States gradually lose its leading position in the manufacturing industry……”

"Mr. Qi, you said it so well. Politicians in the United States only care about votes, they do not think about long-term development, which is the cause of the recession in the United States. So, what do you think should be done to change that?" the listener asked persistently.

Of course, there is a way, but it does not seem to be a way for the United States to accept. Perhaps, it will only be when the United States truly declines and leaves the throne of the world's largest economic power that the American political elite will reflect on this problem.

Thinking of this, Qi Ruicang smiled and said to the audience:

"I think most importantly, you need a refurbishing. ”

(End of full text)