Chapter 942: Combo Fist
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As soon as the notice of China Future Metallurgical Group came out, it immediately aroused an uproar in the global economic circles, and the group was suddenly on the cusp, and the propaganda department was immediately in a state of overwhelm, from the business community to the press, all kinds of people expected to be able to learn more truth and more specific details of this decision through the Foreign Propaganda Office of China Future Metallurgical Group.
However, although the group's external publicity office was a little more careful and prepared than the outside world before, they did not know much more than the outside world, and the only thing they could do was to repeat the content of the notice over and over again.
The day after the announcement, the Group began to change its pricing strategy and export targets for Japan in all its aspects, and all of the Group's work was focused on this matter, and at the same time, the world's media began to speak almost one-sidedly.
There is no doubt that China Future Metallurgical Group has become the object of attack and criticism, and the foreign media have scolded China Future Metallurgical Group for taking a bandit act, and in the absence of relevant scientific arguments and information transparency, the actions taken are stirring up the rules of the world economy, and they feel that China Future Metallurgical Group has violated the commitments made at the beginning, and should be subject to corresponding sanctions and criticism, and they hope that the group will do its best to retract this irresponsible and hasty decision. Some US media believe that they have been teased, and the domestic rare earth industry should not be closed, otherwise economic security will be greatly threatened.
If the foreign media criticize, it is a reasonable thing, the most unbearable thing is that the domestic media also have a discordant voice, accusing the China Future Metallurgical Group of undermining the overall situation of the country's economic opening up, affecting the credibility of Chinese enterprises, asking the government to rule that their move is illegal, and even even asking the government to take back the unified management rights of rare earths that were previously delegated to the China Future Metallurgical Group.
It can be said that as soon as this incident came out, the China Future Metallurgical Group was subjected to unprecedented pressure from home and abroad, and the entire public opinion was boiling, however, to everyone's disappointment, no one in the Chinese government stood up to say anything at the beginning, and no one asked Ye Tangsen to make any trouble with them.
Just after Chen Kangjie gave instructions to Ye Tangsen, he communicated with the above, at least Wei Zhonghua and Zhao Zhibang personally received Chen Kangjie's call, Chen Kangjie told them the real purpose and possible consequences, at first they disagreed, and felt that this seemed a bit of a scoundrel.
Chen Kangjie asked rhetorically, "Why do we have to take a passive way of doing things, people don't sell us relevant equipment at all, in order to choke our necks, so what is wrong with us to deal with it, besides, the establishment of China Future Metallurgical Group, its purpose is not to make money at all, but to control the outflow of rare resources, as far as possible to protect the greatest interests of the country and the people, we can help us to take measures to raise prices and reduce exports in the future, These are all non-renewable resources, and the people of the Middle East can use oil to protect their interests, are we stupid and cowardly than them, and do not think about the problem so strictly, as long as the Americans do not take any substantive action, the Japanese will not be able to make a fuss."
Chen Kangjie's somewhat rude words made the two bigwigs speechless, and the vice premier in charge of foreign trade and economic cooperation at the top was supportive, so they acquiesced in Chen Kangjie's behavior.
Since this sudden measure has little impact on other countries, it is only an increase in production costs, that is, it is just a stir in the media, but it is different for Japan, so to speak, their high-tech industry is strict about the rare earths of China, so it is only on the third day, the Japanese ambassador to China met with the leader in charge of foreign affairs of China, and they could not sit still at all.
As long as the central government's determination is firm, then the behavior of the Japanese government is nothing, and this kind of diplomatic appointment is only symbolic, and nothing can be solved, at least the country is to define it as an ordinary economic operation behavior, and the Japanese side is required to discuss specific matters with the China Future Metallurgical Group alone, and the foreign affairs department cannot control this part at all, at most it can only help them transmit information.
It was only later at the regular press conference of the foreign affairs department that reporters kept asking the government for an explanation, and the foreign trade and economic cooperation department made a brief briefing, and what the reporters seized was the commitment made by the China Future Metallurgical Group at the beginning, and the vice minister of the foreign affairs department came forward to endorse it, and they regarded this as the government's commitment, especially after several Western mainstream media were responsible for the Chinese government's lack of credibility.
The briefing of the foreign trade and economic cooperation department will only focus on one point of the center, that is, China Future Metallurgical Group is a private enterprise, they have the right to adjust the means of operation according to the actual production and market needs, the original government statement is only to support the enterprise to have such a commitment, not the government itself has made a commitment, this is fundamentally different, the government can not because it has supported the commitment of the enterprise, and the government needs to come out to carry the black pot when the enterprise can not do its own commitment due to objective reasons, just like parents support their children to be kind. But if the child really lies one day, it doesn't make sense to arrest the parents, not to mention that not every promise can be absolutely 100% fulfilled, after all, the plan has not changed quickly, the foreign trade and economic cooperation department said that they will investigate with the Ministry of Metallurgy and other departments to see whether the rare earth production of the future metallurgical group is really a problem, and then explain to everyone.
Domestic government departments have always been known for procrastinating, especially to do the right thing, often come and go, a few rounds will take several months, then when the foreign trade and economic cooperation departments and metallurgical departments investigate clearly, the whole situation has long ended, in a word, "procrastination" is the longest means used by the government, tried and tested, both internally and externally.
Zhao Zhibang said this reason at the beginning, and today, it is really used, they all blame the enterprise, and others have nothing to say, they can only continue to target the China Future Metallurgical Group, but Ye Tangsen did not show up at all, and the people who showed up below only said that they were acting according to the instructions, and they couldn't answer anything, and they couldn't solve anything.
Several major Japanese importers contacted the China Future Metallurgical Group as soon as possible, considering that their inventory can be used for ten days to half a month, therefore, Ye Tangsen did not pay attention to them, and will not come forward to negotiate with them until their inventory is exhausted, and they will be anxious at that time.
The measures taken by China Future Metallurgical Group to Japan are not completely out of stock, at least 20 percent of rare earth exports are underway, so the big importers now need to compete for this 20 percent share, Mitsui & Co. is one of the larger ones, they import rare earths mainly for Toyota, Sony, Toshiba, Sanyo and other large enterprises to use, very unlucky, according to Chen Kangjie's meaning, Ye Tangsen instructed the following, the export of Mitsui & Co. is completely terminated, and a rare earth is not sold to them.
The first reaction to this policy was not the production and export of Japanese industrial products, but the sharp decline in the Nikkeistock Average, which fell by 635 points on the first day and 474 points on the second day, for five consecutive days, a total of 2o97 points, a 10% decline.
The decline in the stock market means that the assets of major companies have shrunk, and in just a few days, Mitsui & Co., Toyota, Toshiba and Sony have lost more than 1ooo billion yen in assets, and if other companies are added, the loss will be a frightening astronomical amount.
In fact, if it is only because of the reduction in the supply of rare earths, there will not be such a huge turmoil in the stock market, and the reaction of investors will be very timely, but for strategic investors, they will not be given to sell their assets, and it is obvious that there must be a suppression of foreign capital.
Who will cooperate and participate in it in such a timely manner, and who has so much strength to do this kind of combination of pandering, of course, is Chen Kangjie himself.
In the financial market, as long as you get the news in advance, plus the funds are sufficient, then it is too easy to exert positive or negative influences, and you can also make a lot of profits from it, as long as you can do it quickly.
Han Geng They only need to make a start, just cause a sense of panic in the market, and there will be other investors to follow up later, then it is not their business, make money, and quickly slip away.
With the extension of time, with a large number of investors panic and withdraw from the stock market, several large banks and the Japanese government had to come forward to rescue the market, if the market is allowed to go down freely, the losses they suffer will be incalculable, in addition to releasing funds to the market, the Japanese government personally came forward to do the work of the China Future Metallurgical Group, led by the vice minister of economy, industry and industry, several large rare earth resources importers composed of a delegation to visit Nanzhou, they want to personally visit Ye Tangsen.
Seeing that the time was almost there, and at the same time, in order to reduce the political and public opinion pressure that the government could bear, Ye Tangsen, who had been hiding, finally showed up and was willing to meet with the Japanese delegation.
During this time, Ye Tangsen has been hiding every detail of the accident, and a large amount of information has been passed to him at every moment, and the pressure on the entire enterprise has also been transferred to him with this information, fortunately, the company's efficiency has not been affected much, and the loss suffered by the reduction in the number of Japanese exports has been compensated by the increase in prices.