Chapter 374: France, Not Worthy of Pity

President Xiao Sa is a typical Western political election creature, confirming that Xu Teng is very popular in the French business circles and young people, and the next day temporarily added an activity arrangement, bringing his wonderful lover, and Xu Teng's family to have afternoon tea in an open-air coffee shop near the Palace of Versailles, showing off his pro-people style and showing his fashion. Pen % fun % Pavilion www.biquge.info

Nima, in the middle of winter, drinking coffee in the open air, is sick.

Xu Teng wanted to know who planned this event, and he must have been beaten to death, but during the half-hour meeting, Xu Teng and President Xiao Sa still talked about some more in-depth things -- Société Générale is planning a new round of capital expansion to deal with the bank's risk of loss.

Xu Teng has always hoped to expand the operation capacity of the entire Huayin consortium at the capital level through the acquisition of an international bank, because although the strength of Huayin-AIG is strong, it really wants to compete with other giants on Wall Street, and it is basically cannon fodder, which can only make peace, not resist.

What the Huayin-AIG alliance can really engage in is generally those lone wolves in the middle and lower strata of Wall Street, in fact, don't underestimate these lone wolves, who often have the support of the five giants of Wall Street behind the scenes, and attack exchange rates and commodity futures with dozens of times leverage.

In recent years, many domestic investment banks have been carrying out international futures trading of bulk commodities, losing more and winning less, and they can still make profits when they can't beat Wall Street or even Singapore, mainly by pit domestic retail investors.

It is not easy for retail investors who can play international futures trading, from tens of millions of dollars to hundreds of thousands of retail investors.

In the strength of the global financial market, the gap between old Europe and the United States is not particularly large, Britain, France, the Netherlands, Italy, and Switzerland are all old usury countries, and Germany has been full of talents in recent years.

Many people have a delusion about the German economy, always thinking that Germany is mainly strong in traditional industries, in fact, Germany's rise in the global financial industry in recent years is also rapid, faster than China, stronger than Japan, the main reason is that Germany controls the euro at the substantive level.

Germany's real strength is that it can shear the world's wool with the United States and continue to maintain the advantage of traditional manufacturing exports, but this trend will not be sustained for long.

The German bourgeoisie is repeating the old rut of the 70s of the last century, many capitalists, enterprises, and institutions are selling German industrial assets, buying financial assets and high-tech stocks around the world, and the main force in picking up the rags is naturally all kinds of Chinese enterprises, regardless of central enterprises or private enterprises, are taking advantage of the process of Germany's deindustrialization to pick up leaks.

How so?

This is the inevitable consequence of the development of global capitalism.

First-rate countries engage in finance and high technology, second-rate countries engage in high-tech and capital-intensive industries, third-rate countries export natural assets and bulk commodities, and fourth-rate countries develop labor-intensive industries.

In such a large ecological environment, as long as there are major fluctuations in the exchange rate and stock market of third-rate and fourth-rate countries, the wealth accumulated over the past ten years will be wasted, and they will continue to make new efforts, or even never see the future.

In the past, old Europe could not become a real first-rate power, and the core problem was that the dollar controlled the hands of the United States, so the old Europe joined forces to create a euro and join hands to snatch the share of the United States in the global financial field.

Rabbits are a big problem for the henchmen of the US imperialists, but they are a chronic disease, and they do not hurt or itch for the time being, and the second-class white skin of the old Europe is the hemorrhoids of the US imperialists, which not only hurt terribly, but also put the blood of the US imperialists.

After the outbreak of the subprime mortgage crisis, the US imperialists have indeed been very weak in recent years, and can only sacrifice unlimited QE to raise global commodity prices, and then slowly suck blood to heal by forcing the RMB exchange rate to slowly escalate, and at the same time hope to force the rabbit economy to land hard, crash to death in the trap of middle-income countries, and finally solve the rabbit's henchman problem at the same time, but also resurrect with full blood.

In the past few years, the US imperialists have found that the effect of this double trick is not as good as expected, and the reason is the hemorrhoids of old Europe.

This is a very strange cycle, the rabbit through the trade deficit to return to blood, the United States imperialism through the financial hegemony to return blood, could have formed a balance, as a result, the old Europe not only in the establishment of the euro of the second-class financial privilege together, even at the expense of giving up the precision manufacturing industry to protect the financial industry, which on the contrary let the rabbit seize the opportunity, super fast ahead of schedule to achieve industrial upgrading.

Another trouble is that the surge in global commodities has made Da Mao's recovery faster.

If the second-class white skin of old Europe is the hemorrhoids of the American imperialists, it is basically internal hemorrhoids, and the third-class white skin of Da Mao is the external hemorrhoids of the American imperialists.

Although the rabbit bites when it is anxious, but how big a wound can it bite, Da Mao is a bear, or a polar bear, and it bites people if it is not in a hurry, and if it is urgent, it is all to bite.

The third trouble is that the rabbit is also establishing the third-class financial privilege of the RMB to prevent the US imperialists from sucking blood around the world.

Three points of the world?

This Nima is not dividing the world, this is the fate of the American imperialists.

In the 21st century, talent is the most important.

If US imperialism collapses, where will those top talents in the high-tech and financial industries go? It is impossible to go to the rabbit house and the big hair family, and they can only go back to Europe.

The Cold War era left two things, which have always maintained the blue star hegemony of US imperialism, one is the US dollar, and the other is NATO.

With the collapse of the Soviet Union, it dispersed with the wind overnight.

With the establishment of the European Union and the birth of the euro, the old Europe has become increasingly resentful, after all, the elites of countries like Germany and France, since the Renaissance opened a new era of human civilization, have been standing on the other side of the civilization of the Western continent for thousands of years, leading the coquettish of the whole world, how can they willingly and sincerely obey the United States forever!

Although the United States has repeatedly stirred the European continent with Britain in one hand and Poland, the Czech Republic, and Ukraine in the other, the German, French-Italian axis has extended a hand of friendship to Russia without hesitation and sought the dawn of reconciliation.

There is a euro, and then a reconciliation with the woolly bear, and when he establishes the European Union Army, it will be the day when the old Europeans turn their faces and destroy the NATO agreement, in a word...... Go to the spirit of Nima's contract.

What is it called?

This is called internal hemorrhoids and external hemorrhoids together, mixed hemorrhoids!

Old Europe really wants to reconcile with Russia, this is really a bowl of mixed hemorrhoids of the US imperialists, in the past, the head cut is just a bowl of big scars, yes, it is such a big bowl of mixed hemorrhoids, plus the rabbit is a big henchman at the level of coronary heart disease, if the joint attack is a combination, it will definitely kill the US imperialists.

Xu Teng has come into contact with heads of state and capital tycoons in Europe, although no one will say, come, we will kill the United States, but he can feel that these political and economic elites in old Europe very much hope to let the United States imperialism slowly decay, and from then on to establish a harmonious and beautiful multipolar world, to put it simply, the five hooligans of the Blue Star are on an equal footing.

In other words, old Europe is also afraid that the rabbit family will dominate and trample the United States to death and replace it.

President Kossac, whom Xu Teng met again today, hides these two very complex thoughts in his heart, and this President Kosachi has been trying to get close to Xu Teng's inner world as a friend in his casual chat with Xu Teng, which is a bit ...... "Oh, it's a pity, you're not French"!

President Xiaosa's "first lady", lovers Bruni and Xia Li are quite similar, the two beautiful women also talk happily, and by their side, the three children of Xu Teng's family are also very well-behaved.

Everything seemed to be homely.

Mostly cold.

Xu Teng himself is okay, a little distressed by the child, I really don't know which staff member of the Gallic Chicken Presidential Palace is neurotic and came up with such an activity to help the president get votes.

As for President Xiao Sa, Xu Teng came into contact with him once yesterday, and talked about a few more topics today, and I feel that this one is not the same as other old European elites, and he is a little fanatical.

This man's ambition, which anyone with a discerning eye knows at a glance, is to take advantage of the current wave of Arab Spring to lead the Gallic chickens and Europe to rise up, and replace the governments along the Mediterranean coast with pro-French and pro-European factions.

Therefore, this head of state is sick, and he is not lightly ill.

Of course, this man is also very smart.

Xu Teng originally thought that this person was very anti-China, but after meeting and talking twice, he found out that in fact, this person has a good impression of China, and like his predecessor, he is quite interested in Chinese traditional culture and has also seen Peking Opera performances.

That shows that this person wants to take advantage of the current Sino-US situation, not hesitate to ruin the 50-year-long friendship between China and France, but also to show a pro-American posture, and then use this posture in exchange for the support and acquiescence of the US imperialists, so that he can lead the Gallic chicken to establish a Mediterranean alliance and dominate the Mediterranean.

He thinks that the US imperialists are stupid, but in fact, for the US imperialists, Europe and China are both great troubles.

This kind of thing is a mystery of the authorities, and the bystanders are clear.

Xu Teng didn't have anything to say, just chatted along the topic of President Xiao Sa, what the other party asked, what he answered, and most of the questions were related to China's economy and the Sino-French economic improvement cooperation model.

Because President Xiao Sa will go to China in early April.

Xu Teng thought carefully for dozens of seconds, and finally came up with an idea for the other party -- a new type of Sino-French economic cooperation relationship, based on the long-standing and profound Sino-French friendship and mutual respect for the core interests, and on the premise of extensive and positive Sino-French mutual investment relations, to expand the comprehensive and deepening cooperation between China and France in finance, high-tech, new energy, environmental protection and the traditional advantageous industries of the two countries, to expand the win-win cooperation between China and France in the world, to jointly safeguard the natural ecology and environmental governance, and to jointly safeguard the free, open and fair global economic order.

Xu Teng spoke very slowly, because every word had to be considered.

It was cold.

Winter in Paris is warmer and sunnier than in Jiangzhou, and there is no such cold humidity.

Xu Teng will always be Xu Teng, wearing a No. 7 midnight blue Huntsman London tweed coat, camel skin soft gloves and a light Prussian blue cashmere scarf, wearing black-framed glasses, that strong scholarly atmosphere, as if he had just walked out of the library in Cambridge.

Time has carved his details, gradually losing his youth, replaced by a mature and noble elegance, still fair skin, those eyes are no longer black and white, faint blood is permeated with the depth of a philosopher, and the kind of Jules Verne-style mysticism that integrates science, faith and humanity.

In addition to changing with age, people's ideological realm will also be sublimated with the improvement of social status and contact level.

is also a man who stands at the top of the world, Xu Teng's ideological realm is higher than that of President Xiao Sa, because his status will not be restricted, there is no worry, no restraint, and President Xiao Sa will never be able to get rid of the restrictions of the election, and the thing to consider the most is always the vote.

Taking 10,000 steps back, even if President Kosachi narrowly wins re-election, it will only stop at a second term, and eventually return to the ordinary, and this ordinariness is precisely the cancer of politicians, which makes them crazy, makes them unable to improve themselves, and perhaps only a very few people can reach the pinnacle of politicians and become politicians.

So, there are many bankers and few politicians in this world.

They were always so pitiful, and the scepter in their hands was always like quicksand, scattered on the ground in an instant, and they could no longer be caught.

While President Kossaci pondered, Xu Teng had a moment to rest, take a sip of coffee, think about tomorrow's itinerary, and perhaps listen to President Kossac's suggestion and meet with the board of directors of Société Générale.

"When George W. Bush retired, they wanted to keep running a Republican candidate, and I didn't care who they decided to vote, just told them that no one, starting with Churchill, won the war and won the election. George W. Bush was able to win only because the war terrified Americans. So, we ended up choosing a newcomer who made people think there would be hope, and it was the most expensive election in the history of the planet ever, and we paid $400 million for it. ”

Xu Teng made a decision, and when he realized that President Kossac was not the anti-China leader he expected, but just too realistic, he decided to invest some small funds in this upcoming French election.

He glanced at President Xiao Sa beside him, and saw the other party's surprise, but smiled casually, "My father once told me that if you want to support an elector, never expect it to be a business, no, it's just a decision on your part, you shouldn't even go for anything in return." ”

"Don't worry, I'll put together the best team and start by looking at the right strategy from the polls and the legal system in France. At this moment, Xu Teng's eternal mysticism is permeated with a kind of scheming feminine domineering.

After Xu Teng said this, he took the initiative to get up and end this very boring and unusually cold meeting.

He doesn't need an answer from President Kossac, because no one can say anything to him.

From Xu Teng's mention of the election to his final departure, Kosage was silent, his expression was cold and serious, and his heart was struggling, yes, no politician could say no to Xu Teng.

At this level of political and business peace, the most important rule is to never say it too clearly, everything is in plain sight, which is a good choice.

Xu Teng said he didn't need anything in return, but Kosage knew that there would be a reward.

The next day, Xu Teng and the board of directors of Société Générale had a morning meeting to negotiate the in-depth cooperation between the Bank of China consortium and Société Générale.

The injection, which costs around 5.7 billion euros, will give Société Générale a 10.4 percent stake.

However, Société Générale does not intend to let the Huayin Consortium obtain equal voting rights, nor does it intend to let the Huayin Consortium enter the board of directors.

All this, Xu Teng still smiled lightly and ignored it indifferently.

During his trip to France, his most important task was to resolve the contract issue for the Gulf of Sirte oil area in Libya, and after this matter was settled, he could prepare to go to the United Kingdom, and in the remaining two days, he would meet with some new and old friends in the French political and business circles to expand his contacts.

There is a business that he needs to handle personally.

The M&A talks between Cartier and LVMH have been going on for several years, and now that he is in France, it is time to meet with Mr. Bernard Arnault, the richest man in Europe, and perhaps it is time to settle the matter once and for all.

Three years ago, as the global luxury market gradually heated up, Mr. Arnault had been trying to buy the French Cartier Group, which is controlled by Phoenix Capital in the United Kingdom, and offered a very good price.

The-ShunFamliy's answer is noncommittal, at least talkative.

Even in a bad economic environment, the wealth owned by the world's wealthy class has been growing, completely out of touch with the growth of the global economy, today, LVMH Group, Cartier Group, PPR Group are the world's three largest luxury companies, with a market value of more than 30 billion euros, all of which are the most stable and good businesses on the planet.

Monsieur Arnault was born into a family that had been involved in luxury goods for generations, and on the right bank of the Seine, they owned a four-story Napoleon III mansion that during World War II was the residence of General Hermann-Hoult, the commander of the Nazi German army in France.

Time flies, Germany and France have long since reconciled, and the banker who actually built the mansion at 42 rue Seine probably died in a German concentration camp, and Monsieur Arnault's father bought the mansion after the war for a few thousand francs, turning a family of cobblers into owners of Paris and creators of luxury, opposite the famous Paris Fashion Museum and the Musée de la Marmotan.

Europe will never lack such stories and history.

This is called old Europe.

Mr. Arnault, who grew up in such an environment, is not only the richest man in France, but also an artist in the luxury industry, even Xu Teng, when he officially meets with such a business street artist, it takes a whole hour to choose the most appropriate formal clothes and ties, down to the hem of the silk scarf and the angle of the buttons, you need to be extra careful.

It wasn't until Xu Teng entered Mr. Arnault's house and drank a cup of hot black tea on the enclosed balcony that he gradually relaxed and enjoyed this kind of meeting, which might not have led to anything.

Mr. Arnault spends half of the year traveling between the Atlantic, between Paris and New York, but he refuses to learn English, because it is considered by him to be inelegant both in rhyme and in vocabulary.

The artist of luxury, the godfather of luxury, the Napoleon of luxury.

Awkward meeting.

Mr. Arnault is not as tall as Xu Teng expected, nor is he as thin as expected, and the reason why he looks tall and thin in the photo must be thanks to the beauty and magic of the costume design.

He was just a very ordinary figure, very ordinary-looking, with gray hair, short and flabby.

However, he has the best business acumen in the industry, as well as the sharpest sense of fashion, which is why he was able to save Dior and make Louis Vuitton shine.

Xu Teng must admit that this was an awkward meeting, and after a short pleasantry, he could only calmly listen to Mr. Arnault talk about the many benefits of the merger of the two luxury groups.

Both sides acknowledge that this is a good business, and the biggest disagreement is that neither side wants to lose a controlling position.

Mr. Arnault is willing to pay a large sum of money and a suitable stake to buy the Cartier Group from The-ShunFamliy, and from then on, The-ShunFamliy can enjoy a steady stream of wealth returns, and the Arnault family will continue to work the magic of the French, so that the new LVMH Group will shine brighter, with a higher market value and profits.

Frequent republican revolutions and the Second World War have caused many generational stabs to the French economic community, and the vast majority of today's wealthy French families are unable to inherit the glory of the Napoleon III era.

From Dior to LV, from Veuve Clicquot to Hennessy, their owners were always changing, until the rise of the Arnott family, which began to regain lost ground from the 70s of the last century, reclaiming these French pride from the hands of the Americans and the Swiss.

Today, Hennessy is still a joint property owned by Cartier and LVMH.

Xu Teng felt that this was an awkward meeting, because it was not until he heard Mr. Arnault talk about these businesses that he realized that he had no interest in it, such a small, such unworthy business.

Xu Teng's parents have always owned the Katia Group, not because of the high profits of the luxury industry, but because of the traditional value of luxury goods in the hearts of the world's wealthy class.

But in the past five years, although Xu Teng has not intervened too much in this business, he has still given some new ideas, adjusted the Cartier Group to continue to increase its holdings and develop new wine markets around the world, and acquired luxury brands mainly women's clothing.

That's why Cartier Group is willing to pay a premium for the world's second-largest spirits company, United Tomei, to buy Chanel, to buy Prada, and to increase its stake in Changyu Wine Company again and again.

Mr. Arnault is indeed the richest man in France, but until this moment, Xu Teng realized that such a richest man in France has nothing to care about, he is the godfather of the luxury industry, a businessman among artists, and an artist among businessmen, but he does not understand what real power is at all.

Power!

This is the pursuit of The-ShunFamliy, this is the pursuit of the Huayin Consortium, the real strength comes from industry and finance, not these self-endowed elegant and noble luxuries.

A thousand Patek Philippe vintage watches combined, not as powerful as supporting a president's re-election.

So, suddenly, abruptly, he interrupted Mr. Arnott's imaginative idea of merger, and the personal business value and status that had been demonstrated in order to reduce the offer.

"I'm sorry, Mr. Arnott, my family and I are not a good luxury operator, as you said, the Katia Group is in our hands and has not been able to generate real value, we always need constant capital injections to sustain its expansion. But as my father once told you, TheCartie, the jewelry company in 1874, was just a small business for the family. When we own 40% of Apple, we don't care if the Cartier Group is losing money or making a profit. ”

Xu Teng regained the right to speak in his own way, and when he said that nearly half of the shares of Apple, which is worth $400 billion, are in the hands of his family, he is clearly telling Mr. Bernard Arnault that the business they are talking about now is really just a small business.

As his father once said himself, the family didn't care at all what the Katia Group's profits were.

However, Xu Teng does understand one thing, the times are changing, and the medium of art is changing.

"I also want to apologize, for this industry, I may lack respect and cultivation, but when I started business, I knew the simplest rule, if you want to make money, you need to grab one thing, woman. When you need to get a woman's heart, you need jewelry, LV, wine, and Chanel, and if you need to lose a woman's heart, you need whiskey. Of course, you also need the best watches, the best suits, the best sports cars. ”

"So, while I'm in France, and when I have time to ask you about these issues, let's take care of this business briefly. It's never a small business for two companies with a market capitalization of 30 billion euros to work together, but my family and I really don't spend more time dealing with it. Now, the right to speak is in Xu Teng's hands.

Xu Teng may not understand the luxury industry, but he is always the best businessman, and he knows how to negotiate with businessmen.

Wine and women.

That's what he wants, the rest can be given to Mr. Arnault, he doesn't care, it's just a business.

The game between great powers, the rise of a country, the rise of a consortium, this is the career that a man should have, he has decided to end today's trip early, he will never come to France again, there is nothing worth his lingering, no matter how beautiful the scenery and the art of Loloco, there is no Glock 37 pistol that makes a man feel more interesting.

This is a very poor country, a poor nation, which has long lost the ambition of the great power game, which is why President Kosachi seems to be so maverick in this country, and this is why this president, who is still a little ambitious, has failed to be re-elected.

They have long since had nothing but this pitiful luxury and the so-called French tradition.

Really, Xu Teng will never come to France again, a country that does not know shame and dignity at all, a country that has modern industry, but does not know what industry is, is not worth his time at all,

If he had been de Gaulle, he would have regretted being French.

Poor, poor France, who even had to rely on the iron hooves of Nazi Germany to get rid of the grip of the Jewish financiers, and now, they will eventually sink into Fransstan, because they simply do not have the courage to face up to reality, nor do they have the courage to solve problems.

When President Kossaci tried in vain to establish a Mediterranean Union and wanted to become the second power in the Western world, Xu Teng could even imagine the mood of hawkish politicians and military personnel in the United States, which was simply a humiliation to the first power, the United States.

Poor, poor France, perhaps, is not worth pity at all. (To be continued.) )