Chapter 869: Appeasement

On August 28, 1992, after Kim Yong-san was elected president of the Democratic Liberal Party, Roh Tae-woo was reappointed as honorary president, and at the beginning of this year, he stepped down as president of South Korea and was succeeded by Kim Yong-sam. Pen % fun % Pavilion www.biquge.info

Since last year, the rate of economic growth in the ROK has slowed down considerably, and the year before last year, that is, in 1991, the ROK's economic growth rate was only 4.7 percent, the lowest level in 13 years, and it ranked last among the Asian Tigers.

Kim Yong-sam believes that corruption is the crux of the "Korean disease."

In order to cure the "Korean disease," it is necessary to vigorously fight corruption.

Therefore, as soon as he took office, Kim Yong-sam announced that he would not get involved in luxury entertainment such as golf during his five-year term - he also instructed the closure of the golf course in the presidential palace and asked civil servants to bury their desks and actively work for the welfare of the people.

The most effective anti-corruption measure of the Kim Yong-sam administration is that senior public servants must disclose their personal income and assets.

At the first state council after taking office, Kim Yong-sam said in a high-profile manner that the fight against corruption should start with himself, and Kim Yong-sam did what he said about disclosing assets, and the next day, the property of Kim Yong-sam and his immediate family appeared on the front pages of major newspapers -- the real estate and cars worth 1.7 billion won, about 2.25 million US dollars, were owned by him and his wife Son Myeong-soon, his father Kim Hong-joo, his son Kim Eun-chol, and his second son Kim Hyun-chol.

At the same time, Kim Yong-sam also announced that he would never accept a penny of political funds from companies and individuals during his five-year term.

In order to further promote the anti-corruption campaign, Kim Yong-sam pushed the National Assembly to pass the "Amendment to the Public Officials Ethics Act".

Kim Yong-sam's various anti-corruption measures have aroused a strong response from the South Korean masses, and then formed a huge political and public opinion pressure, and more than 1,000 leaders of the ruling party, officials at or above the vice ministerial level, and members of the National Assembly have all followed suit, and even the leaders of the opposition parties have to follow in his footsteps and announce their assets one after another -- if they don't make it, they can't do it, the South Korean people are staring at it, and if they don't make it, they will immediately become the target of public opinion, and then they will be drowned in saliva!

During that time, Seoul's newspapers were full of cash, real estate values, and luxury goods owned by everyone from the president to the deputy minister and his family.

Through the declaration of assets, one member of parliament was arrested, six members of parliament voluntarily resigned from their posts or quit the party, five deputy ministers were dismissed, five senior officials were publicly warned, and more than 70 public officials, fearing that the disclosure of their assets would cause public ridicule, voluntarily resigned from public office, and subsequently fled South Korea to apply for political asylum in the United States and other countries.

After that, at the behest of Kim Yong-san, South Korea set up a "special investigation team for ill-gotten gains," whose task was to cooperate with the judicial authorities and investigate high-ranking public officials who had illegally enriched, based on whether the property registration was true.

Taking advantage of the anti-corruption trend, Kim Yong-sam took down many of his political opponents, and then allowed him to gain the highest power in South Korea in the shortest possible time.

While fighting corruption, Kim Yong-sam is also vigorously developing the economy.

Think about it, Jin Yongsan is so hateful, if he can't hand in the results he deserves, then he can't be ousted by someone every minute?

After the anti-corruption campaign reached a certain level, Kim Yong-sam formally proposed a "New Five-Year Plan for South Korea's New Economy", which included administrative reform, industrial structure and financial system reform, etc., in addition, Kim Yong-sam actively used the political legacy left by Roh Tae-woo (the establishment of diplomatic relations with China) to increase exports to China and increase investment in equipment......

It was under this circumstance that Jin Yongsan personally called Xu Cun and sent a very sincere invitation to Xu Cun - inviting Xu Cun to invest in South Korea.

In addition, Kim Yong-sam also hopes that Xu Cun will be an intermediary for South Korea again, so that he can meet with President Jiang so that South Korea can better open up China, a vast market that is making great strides.

Let's go back to Xu Cun's side.

At the end of the 80s, Xu Cun invested his idle funds in Taiwan, Japan, and Thailand, which were three regions with rapid economic development at that time.

Later, in order to prevent his money from being trapped by the major stock market crashes that occurred in Japan and Taiwan, Xu Cun withdrew all the hot money invested in Taiwan and Japan, and some of the hot money flowed into Thailand, which was still very strong at that time.

Later, after the Gulf War, Xu Cun injected a large amount of money into Thailand.

Now, the economic growth rate in Southeast Asia has also slowed down, and Xu Cun has too much hot money in Thailand, coupled with the Asian financial crisis, so Xu Cun has begun to withdraw his huge funds in Thailand.

Until the Asian economic crisis, South Korea's economic development was very good, and even after the Asian financial crisis passed, South Korea's economy was the first to recover and quickly got rid of the shadow of the Asian financial crisis.

In other words, as long as the Asian financial crisis is avoided, South Korea will be an excellent investment for many years to come.

Of course, from now on, the best investment target will be China, followed by the superpowers such as the European Union, the United States, and Russia.

But—

In any case, South Korea is also a good investment target.

Another one, Xu exists in South Korea and also has a lot of industries, such as cinemas, TV stations, Samsung Electronics, and so on......

Moreover, South Korea is also a large region that uses Suocun oil and gas.

Therefore, Xu Cun is not good at dealing with the South Korean authorities.

Therefore, after receiving Jin Yongsan's invitation, Xu Cun agreed on the spot.

This time I went to South Korea, in addition to doing business, Xu Cun also took a few of his new women, especially Yang Caini, Aishivaya, Li Yu, Li Xiuxiu, Wang Yun, Zhang Baizhi, Da S, Wu Peihui, Fan Weiqi, Lin Weijun, Lin Xinru, to see the world, and go shopping in Myeongdong by the way - after all, the main purpose of these people and himself is to enjoy this rich life, and Xu Cun of course has to satisfy them.

In addition, Fan Weiqi and Zhong Lidi both belonged to those who had not fully made up their minds before they were with Xu Cun, and Xu Cun had to take them with him to appease them and let them completely accept their fate.

By the way, it also took Xu Cun a lot of things to settle the families of the daughters who were new and his daughters, especially the families of Fan Weiqi and Lin Xinru, who had a strict family education.

So much so that Xu Cun took his daughters from Taipei to South Korea at the end of September......

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