Chapter 618: Indonesian Fire

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sent Sun Jingmeng back to the Conservatory of Music, Sun Jingmeng didn't say that she wanted to return the shirt to him, Zhang Ke naturally couldn't take the clothes off her - but he had this idea, riding back to Dongda, Du Fei and Meng Le were still drinking in the faculty cafeteria, so they went over to drink with them, the so-called similar temperament, Du Fei and Meng Le also talked very happily. Pen @ fun @ pavilion wWw. biqUgE。 info

The next few days were quiet, Sun Jingmeng was busy with the decoration of the bar, and Du Fei said that he was going to organize an Internet café in Xuefu Lane, and he had to spend time preparing for more things.

Looking back after 10 years, the few Internet cafes that existed in Jianye City in September '97 can be called ancient memories, and the more famous and more formal Internet in Jianye City at that time was an Internet café named Wilt in the center of the city, which was jointly funded by a technology company and the Post and Telecommunications Bureau, and was first established at the end of '96.

Du Fei applied for a job as an Internet café administrator in Wilt.

Without personal exploration, it is difficult to understand an industry thoroughly; The details are not something that can be built by imagination. Especially in '97, in China, the Internet café industry was still in a period of exploration in the dark, and there were not many lessons to learn from.

Zhang Ke thought that Du Fei's insight and courage could make him one step ahead of others, so he didn't think about extraordinary.

Du Fei was nowhere to be seen, so Zhang Ke insisted on reporting to the senior office every day and writing posters to mess around, but he had the opportunity to drink and chat with Meng Le, and he was a little indifferent to the news from the outside world.

On September 16, Thailand removed its third Ministry of Finance and formally requested a bailout from the International Monetary Fund on the condition of relinquishing part of its economic sovereignty, but Zhang Ke knew that Thailand's economic collapse would come more quickly and completely.

Three months ago, mid-level Thai people wore Swiss watches, French trousers, and wine from well-known wineries, and their families would go to a seaside villa on the weekend, but now they have to mortgage their cars to make up for some of the losses – and even if they do, they can't afford to support them. Financial and industrial institutions have been closed down one after another, the number of unemployed people has soared, the enrollment rate of private schools that opened in September has also plummeted - they were not able to squeeze in before, private hospitals are facing the same dilemma, Thailand's high-spending population has disappeared as if swept away by a sudden financial storm, sales of gold and diamonds have plummeted, and luxury stores are crowded......

These are the current situation of Thai society described to Zhang Ke by email during Chen Xindong, Jiang Wei and others' trip to Southeast Asia; Chen Xinsheng wrote in an email: "Thailand at this time can be described as follows: 'There are more cars driving off the road today than on the road!'" ’”

Many people see summer forest fires in lower latitudes as normal, and when the rainy season comes, they will naturally extinguish the fires ignited by summer drought, but in short, forest fires in the rainforests of Sumatra and Kalimantan in Indonesia do not disappear in a year.

In mid-August, the Indonesian rainforests of Sumatra and Kalimantan began to burn again, and Indonesians did not know how much of a shadow this would cast on their future.

By mid-September, after several heavy rainstorms of the rainy season, the fires had not been extinguished, and Indonesians began to realise that this time could be troublesome.

Chen Xinsheng, as a representative of domestic entrepreneurs, visited Singapore on 17 July with Ye Zhenmin, executive vice minister of the Ministry of Foreign Trade and Economic Cooperation and deputy director of the Liaison Office of the Central People's Government. Smoke from forest fires in Indonesia has affected Singapore, and Mr. Chen described in an email that his plane to Singapore had to hover over Singapore for more than an hour before landing due to sudden fog.

As early as a year ago, Ye Zhenmin, who clearly pointed out the shortcomings in the Southeast Asian economic system and predicted the financial turmoil, became famous after the real outbreak of the Southeast Asian financial turmoil, and the American economist Gregman, who was really the first to be alert to the crisis of the Southeast Asian economic system, was not the most influential figure.

Hong Kong has just returned to the motherland, and the central government's greatest efforts are to maintain Hong Kong's economic stability, and joining hands with East Asian governments to resist financial giants is also an inevitable choice, and it is also the time to appropriately give full play to and display the strength of a major country.

While the International Monetary Fund was still making things difficult for the Thai government and putting forward all kinds of harsh conditions, Ye Zhenmin suggested to the domestic government that the Thai government should provide a government loan of $20 to help him survive the most difficult moment.

The Singapore authorities have always been the staunchest supporters of the Thai government, but the Singapore authorities have to take into account the fact that a large amount of international travel funds have been continuously impacting their monetary system, and they cannot spare the strength to assist the Thai government and other neighboring countries.

After Ye Zhenmin's visit to Singapore, he will also go to the Philippines, and Chen Xinsheng will return to Jianye first to report to Zhang Ke some details and results of his trip to Southeast Asia.

Probably because of the smoke and dust from the Indonesian forest fires that left too much impression on Chen Xinsheng, Chen Xinsheng met with Zhang Ke and once again mentioned the matter of being trapped in the sky over Singapore for more than an hour.

At this time, it should be the rainy season in Singapore, foggy weather is rare, Zhang Ke has been to Singapore twice, and he is not particularly impressed by the small country of the garden city type.

Zhang Ke just smiled faintly at this.

"How long do you think the forest fires in Indonesia will burn?" Zhang Ke asked knowingly, no one knows better how long the fire will last, at least until the end of December. At this time, except for him, probably no one realized that the underground coal seams of Sumatra and Kalimantan had burned, right? Even if the above-ground flames are extinguished by torrential rains, the underground fires will not be extinguished all year round, except for the tropical rainforests on the surface.

"It's really hard to judge," Chen Xinsheng squeezed his lips, "I don't have time to go to Indonesia to take a look......"

Among the four Asian tigers, Indonesia is the most economically backward weak tiger, but also the most completely destroyed economy, the most disrespected tiger, Zhang Ke even instructed Aida Electronics in early June to completely abandon the Indonesian market, Chen Xinsheng's trip to Southeast Asia naturally did not include Indonesia in the itinerary.

"I think it's going to last a long time," Mr. Zhang said, "and I've been reading a lot of news reports these days." Indonesia is the largest supplier of wood pulp in Asia, and the continued spread of tropical forest fires in Indonesia may affect the supply of wood pulp in Asia for a long time...... "Zhang Ke feels that he is hypocritical to say this, this is simply a forest fire that directly affects the supply and demand of global forestry resources for a long time.

Chen Xinsheng returned to Jianye to report to Zhang Ke about the trip to Southeast Asia, Jianye here is only qualified to come over to join in the fun, Zhou You heard Zhang Ke say this, frowned slightly, and seriously considered this possibility - the Indonesian forest disaster has forced many pulp mills near the edge of the tropical rainforest in Indonesia to shut down, making the supply of wood pulp in Asia tight, but everyone does not realize that this situation will continue to intensify and continue for a long time, and they all think that the heavy rain with the rainy season will extinguish the forest fires in Indonesia. This will help to restore the balance of pulp supply in Asia.

With the scale of Shin Kong Paper, it is impossible to hoard a large amount of wood pulp, and the path chosen by Zhang Ke is to actively come out, taking advantage of the financial turmoil to devastate the Southeast Asian economy and the serious lack of financing channels for enterprises, and invest in the acquisition of one or two pulp enterprises.

Zhang Ke asked Chen Xinsheng again: "When Mr. Guo Songyan came back to Jianye, it also showed that the funds in the hands of the Guo Group were tight, would they be willing to sell the equity of their pulp enterprises?" ”

The largest group of Kuok's Yunyuan Group is a food company, but its Yunyuan Paper is also well-known in Southeast Asia.

"Just a pulp company?" Zhou You asked.

"Well, they are willing to transfer the papermaking technology, and we can also talk to them," Zhang Ke said, "Regardless of the fact that the supply of wood pulp may be tight for a long time, we also need to find a stable supply of wood pulp overseas." The scale of Xinguang Paper is becoming more and more huge, and in three years, the investment in fixed assets of the paper industry alone has exceeded 1.2 billion, especially the second phase of the new investment project is about to be put into operation, and it will continue to expand later, so it is necessary to seek a stable supply of wood pulp overseas; On the other hand, the speed of our forestry in China is also constantly improving, and it is necessary to build a pulp mill in the later stage......

In June, Zhang Ke transferred the income of Yuexiu Holdings last year to China and made up an integer to add 400 million yuan to the forestry project of Shin Kong Paper.

Shin Kong Paper is not the largest paper group in China, but the scale of forestry is far more than the same industry, the domestic forest paper integration project has just started, Shin Kong Paper's courage and decision is also breathtaking.

"Well," Zhou You nodded, but still hesitated, "Malaysia's currency may depreciate further, will it be a little too early to make a move at this time......?"

"I also think that Malaysia's currency will depreciate further, but Malaysia's economic foundation is the best among the four Asian tigers, which means that when the financial turmoil passes, Malaysia's economy may recover at the earliest, and the currency exchange rate will naturally rise to a normal level.

"How much can you keep it down?" Zhou You was skeptical about this, and at this time, Kumho also secretly appointed Guo Songyan, chairman of the board of directors of Kuok's Yunyuan Group, to jointly raise investment projects for the wafer fab.

"If you can take advantage of both sides, you still have to insist on taking advantage of it." Zhang Ke laughed unscrupulously, "You go and talk about specific things, in short, Kumho has frequent contact with the Guo Group, and it also needs an excuse that can hide people's ears......"

The investment project of the wafer factory must not alarm the Taiwan authorities at this time, nor should it alarm the Malaysian authorities.

Aida Electronics and Chen Xinsheng are quite well-known in the industry, and they are in frequent contact with Guo Songyan, and they may not know when they will attract the attention of relevant parties, and the cover work must be done well.

Of course, Liu Zhicheng's concerns are the biggest obstacle to the fab investment plan at present.

Chen Xinsheng accompanied Ye Zhenmin to visit Singapore, and the process of secret negotiations with the Singapore authorities on this matter was quite pleasant; On the other hand, Chen Xinsheng's visit to Singapore with Ye Zhenmin also represents the firm support of the domestic government, which also gives Liu Zhicheng, Guo Songyan and others strong confidence.

It's not that he can't see Liu Zhicheng's efforts, he first drove his wife to Singapore to accompany Liu Ming, who is studying at the National University of Singapore, to prepare for him to finally get out.

There will definitely be concerns, once he leaves TSMC like this, he should be able to cancel off TSMC's options naturally, and his equity in TSMC will also be frozen, and it is impossible for him to move all his relatives and friends out of Taiwan; In addition, he had to abduct his group of engineers and technicians and their families to Malaysia first with a clear conscience -- after all, he only said that he would build a wafer factory in Kuala Lumpur, and only after they joined the technology company that had been secretly controlled by Kumho and set up in Kuala Lumpur could they choose to stay -- after all, not everyone was willing to settle in the mainland; In addition, he is worried about policy changes in the mainland.

"Any conditions are easy to discuss, and we must do everything possible to dispel his concerns," Hearing Chen Xinsheng talk about these situations, Zhang Ke frowned and thought for a while, and said, "The key is to turn their people around...... Of course, we also have to use their concerns to resist the possibility of government funding and shareholding, and I don't want to be restricted by any restrictions. ”