South Korea has paid a lot of money for the help of the International Monetary Fund, but it has also received strong economic assistance and, more importantly, created a good international economic and trade environment, which has also laid the foundation for South Korea's exports and economic recovery. In contrast, Taihu, which competes with South Korea in many economic fields and is even stronger than South Korea, is inferior to South Korea in terms of heavy chemical industry, and the economic and trade environment is not as good.

Due to political reasons, South Korea did not formally establish diplomatic relations with China until 1992, so the understanding of South Korea in China is not comprehensive enough, especially among the people. The financial crisis that broke out in 1997 was a great test for South Korea, and after the test of Tongguò, South Korea has already surpassed the other three of the four tigers in terms of overall strength. Of course, Singapore and Xingang have their own advantages, but as a small place, it is really difficult to compare with South Korea in terms of overall strength.

After the crisis broke out, after the adjustment in 1998, starting in 1999, South Korean enterprises began to gradually increase their investment and exports to China, and it was precisely by virtue of their gains in the Chinese market that they developed rapidly and completely extricated themselves from the economic crisis.

Xu Ruolin also understood what Bao Feiyang meant, and she asked with a smile: "Is this called luring a wolf into the house?" …”

Bao Feiyang smiled: "It's okay, but the wolves are coming after all, there are no Korean wolves, there are American wolves, Japanese wolves, and European wolves, and these wolves have already come in." In comparison, the wolves in South Korea are not as ferocious as those wolves. Letting these wolves in can also help us grow. We can't be white rabbits behind closed doors, but we have to dance with wolves and even be hunters. ”

Tu Xiaoming nodded and said: "Feiyang makes sense to say this, after contacting Korean companies these days, I have to admit that these companies are better than us in many aspects." The Korean prize is limited in and out. However, the Koreans are not resting on their laurels, the domestic competition is very fierce, and the enterprises are on par with the international level in technology and management. ”

"However, compared with companies in Europe, the United States and Japan, the penetration of Korean companies is quite inferior, even the most powerful companies in China, such as Samsung, Hyundai and Daewoo, are not as good as the Japanese chaebols and the financial conglomerates of Europe and the United States, as for other companies. It's better to cooperate. ”

Xu Ruolin smiled coquettishly: "Dare you to look at Korean companies and look down on others!" ”

Bao Feiyang smiled and shook his head: "This is a bit too much, to say that enterprises, such as Japan and South Korea, have some companies that are well-known and respectable in the world, including Taihu, as well as some countries in Southeast Asia." Speaking of which, our performance in this area is much worse. Our company still lacks the experience to compete internationally. Not to mention the excellent table xiàn. ”

"Could it be that Fangxia Ceramics Group is not an excellent enterprise in the eyes of Director Bao?" Xu Ruolin said.

Bao Feiyang shook his head: "Fangxia Ceramics Group has only been developed for a few years? Fangxia Ceramics Group is because of its unique technology, relying on one or two advanced technologies, to achieve rapid growth, such enterprises are not many, but whether they can continue to grow, it is necessary to use time to speak. In my opinion. It will take at least ten years for us to determine whether the enterprise of Fangxia Ceramics Group has a solid foundation. ”

"I agree with this, in fact, even if it is ten years, it can't be said that you can sit back and relax, you see the bankruptcy of Hanbao Steel this time. Hanbao Steel is also a relatively high-ranking large conglomerate in South Korea, but it suddenly collapsed, giving people the impression that it is very vulnerable. Tu Xiaoming said with emotion.

Xu Ruolin said: "This is also normal, modern enterprises are getting bigger and bigger, and they are increasingly involved in financial activities, and many enterprises are often operating in debt in order to pursue rapid development and expansion, and therefore face huge business risks." ”

Bao Feiyang nodded, in the general direction, technological progress allows human beings to continue to move forward, but finance is the most direct impact on driving and controlling this qiē. South Korea's and Southeast Asia's economy seemed to be prosperous in the first two years, but with the outbreak of the financial crisis, this qiē came to naught.

The global financial crisis always occurs every once in a while, and thus affects the cyclical fluctuations of the economy, which is the macroeconomic pattern.

From a micro point of view, corporate borrowing and financing are inseparable from the financial market. The rapid development of the new economy is inseparable from the impetus of venture capital. If an enterprise only relies on its own accumulation and rolling development, it will soon be surpassed, the power of capital can allow enterprises to plug in the sails and achieve rapid growth, but at the same time, the profit-seeking nature of capital is a double-edged sword, it can not only boost the development of enterprises and the economy, but also may be stabbed at a critical time. For example, after the outbreak of the Southeast Asian financial crisis, Europe, the United States and Japan withdrew a large amount of capital from South Korea, which objectively accelerated the speed at which South Korea's economy fell into the abyss.

Bao Feiyang shook his head, although he was in a hurry, at present, with Fangxia Ceramics Group and Tucker Oil Company of the United States as the core, plus the Tang family and the Huang family, which are closely related to the periphery, they can already participate in the local game of this kind of big event, but it is still far from being influential and dominant.

Just like this economic crisis, he knows the direction of the crisis, but there is no way to prevent the crisis from happening, even if he wants to change the direction of the crisis, he has no power to do it, and can only try to use the advantages of prediction to strive for more favorable returns.

"Well, you've been in Korea for so long, you must have discovered something, right? Is there anything good to build for me? Bao Feiyang asked.

Xu Ruolin glanced at Bao Feiyang playfully: "Yes, yes, but you know that I am a consultant, and it is very simple to get my advice, just pay for it." ”

"Ruolin has been in Korea for a long time, and she has been corrupted by the decadent ideas of capitalism, and now she talks about money when she opens her mouth, which is very good!" Bao Feiyang said with a smile: "But I want to check the color a priori." If you say it well, there will be a reward, and if you say it badly, you will pay for all your expenses during your time in Korea. ”

Xu Ruolin couldn't help rolling her eyes: "I think you are the fastest to become, just came to South Korea." He immediately became a capitalist. ”

Everyone made a few jokes with each other, talking about the harvest in South Korea during this time, Tu Xiaoming and Xu Ruolin had a lot of ideas. They unanimously agreed that South Korea is in heavy chemical industries such as steel, shipbuilding, and refining, in manufacturing industries such as automobiles and machinery, and in electronic and mechanical products. All have certain advantages.

Many Korean companies are interested in investing in mainland China, but they do not know much about the situation in China and have many doubts. However, there are also some companies in South Korea who have a better understanding of the Chinese market, and they have either invested in China or are ready to invest in China.

"Korean companies that have already invested, are planning to invest in China, and are interested in investing in China can be roughly divided into cost-oriented and market-oriented. South Korea has developed rapidly in the past few years, with high domestic labor costs, lack of resources, and land shortage. The operating costs of enterprises have risen, and product prices have lost their competitiveness in the international market. Some Korean companies are interested in Huaxia's low labor costs, land costs, and raw material acquisition costs, etc., and they hope that investing in Huaxia can reduce costs and enhance competitiveness. Xu Ruolin showed the demeanor of a senior consultant at this time and analyzed for Bao Feiyang.

"Market-oriented means that some Korean companies are looking at the Chinese market. South Korea's commodity exports to Huaxia have grown rapidly in recent years, which has also made Koreans realize that Huaxia is a huge market. However, exports from South Korea face relatively high domestic production costs. In addition, high transportation costs and tariffs make the price of export products relatively high, which will affect the sales and competitiveness of products, and will also affect corporate profits. ”

"In order to expand product sales and occupy the market, some Korean companies are also interested in investing in China. For example, Samsung Group did just that. ”

"Most of the Korean companies that invested in China in the early days were cost-oriented, and now they are gradually starting to become market-oriented, of course, cost is also an important factor for them to consider, but the huge consumer market in China is what they value the most."

Tu Xiaoming smiled and said, "Ruolin's analysis is more thorough, and we have discussed it before. Many multinational companies are aiming for our Chinese market. ”

Bao Feiyang said: "It doesn't matter, the market and labor are our advantages, Huaxia not only has a large population, but also has a relatively high labor force, and the labor cost advantage will become more and more prominent, and we have gradually become the world's factory." ”

Xu Ruolin nodded and said: "In addition, Korean companies have another characteristic, that is, they like to hold groups and get together. ”

Like the businessmen of the river, South Korean investors also like to hold together, which is actually a common feature of most investors, including the United States, Europe and Japan, many multinational companies have their own supply chain enterprises, and when an enterprise comes, it often has to drive a series of enterprises in the supply chain.

"This is a good thing, does this mean that as long as we successfully attract a company to invest in China, more companies will follow?" Bao Feiyang said with a smile.

Xu Ruolin smiled and shook her head: "On the contrary, because Korean companies are more willing to let familiar domestic companies provide support, which means that if you want to persuade a company to invest, you must also persuade most of the supporting enterprises of this company to invest together." ”

"Is that so?" Bao Feiyang looked at Tu Xiaoming.

Tu Xiaoming said with a smile: "Ruolin is not wrong, even if it is a leading enterprise, it will also consider the idea of supporting enterprises." ”

"Alright then!" Bao Feiyang nodded and said: "No matter what, for us, of course, the more companies we invest in, the better." ”

After eating, when he was about to leave, Tu Xiaoming suddenly remembered something: "By the way, there is something you probably don't know yet, Lu Dingyi, the deputy mayor of Tongcheng City, just arrived in South Korea yesterday, and you may be able to meet him." ”

"Lu Dingyi came to South Korea?" Bao Feiyang was a little surprised, Lu Dingyi is the executive deputy mayor of Tongcheng City, and it seems that he is also the descendant of Governor Hong Ximing.

Tu Xiaoming nodded and said: "Lu Dingyi first went to Japan, visited the Kawasaki Shipyard, and then came to South Korea, according to South Korean TV reports, Lu Dingyi will visit several Korean companies, including South Korea's Shanshui Group, and Tongcheng seems to want to form a friendship city with South Korea's Fushan City." ”

"They don't mean to be drunk!" Bao Feiyang smiled and said, Fushan City is the heavy chemical industry base of South Korea, including shipbuilding, refining and other heavy chemical industries are in Fushan City, Tongcheng wants to form a friendship city with Fushan is very targeted: "Since Mayor Lu is here, then I won't go to Fushan City this time." ”

"Why. Aren't you afraid that Lu Dingyi promised better conditions for the Korean Shanshui Company and poached the Korean Shanshui Company? You must know that the location conditions and industrial base of Tongcheng City are better than those of Haizhou, and they also attach great importance to the development of shipbuilding industry. Xu Ruolin said in surprise.

Bao Feiyang shook his head: "We have given our conditions, if the Korean Shanshui Company really wants to go to the Haizhou area, then we have no choice, we will not engage in vicious competition." Cheapened these Koreans for nothing. ”

As the capital of South Korea, Hanseong is the political, economic, scientific and technological center of South Korea, with a population of more than 10 million and 20 percent of the country's GDP. The Tokyo metropolitan area, with Korea as the center, has a population of 23 million, accounting for nearly half of the country's population.

As an international metropolis, South Korea is lined with high-rise buildings, row upon row, neon flashes and bright lights at night, and Bao Feiyang and others did not take the car after eating. Instead, they walked down the street, chatting quietly.

"Shanghai is the highest in the modernization of urban construction in China, but compared with South Korea, the gap is still obvious, but Shanghai is developing rapidly now, and may be able to surpass South Korea in the future." Xu Ruolin raised her hand and stroked the hair that was blown to her forehead by the wind, and said with emotion.

Bao Feiyang smiled and said, "Of course, what is the greatest wealth and resource of mankind? That's the people themselves. At least in terms of urban population, Shanghai has been able to compare with Hancheng. ”

Xu Ruolin glanced at Bao Feiyang with a low face: "Director Bao's opinion is really insightful. ”

Bao Feiyang said with a smile: "It's not all. Hucheng can absorb the best talents in China, and its potential is incomparable to that of Hancheng. ”

Just as South Korea has an advantage in scale compared to the other three of the Four Little Tigers, Huaxia also has an unrivaled advantage in scale compared to South Korea. That's why Bao Feiyang said to Xu Ruolin that he just wanted to lure the wolf into the room. I am not afraid of the wolf of South Korea, because even if these Korean companies are allowed to enter China, even if they develop very well, there is no way to occupy the market in China, and it is not even possible to dominate. After all, the domestic market in China is too big.

South Korea is a country that can develop under various conditions, but its inherent limitations are also obvious. Moreover, South Korea's biggest problem is that the North and the South are separated, and they are always facing the danger of war. For example, Hanseong is only 40 kilometers away from the border, and large-caliber long-range artillery can already hit it, including rocket artillery and short-range missiles, so South Koreans have always been nervous.

However, the situation in the north and south of the peninsula also shows the importance of reform and opening up in the country and development as the first priority.

Bao Feiyang rested in the hotel for a night, and from the next day, he made contact with some Korean companies. Because Tu Xiaoming, Xu Ruolin and others have been active in South Korea for a period of time, and they have done a relatively good job in collecting intelligence and laying the groundwork in the early stage, Bao Feiyang's choice is very targeted and efficient.

As Bao Feiyang predicted, Korean companies are very interested in investing in China, and one of the main reasons is that the domestic manufacturing costs are relatively high, and Korean companies have an urgent need to relocate labor-intensive industries abroad.

Bao Feiyang's interest in labor-intensive industries is not very large, although such enterprises and investments can also drive the development of the local economy, but ten or twenty years later, China will also face the need for industrial upgrading and migration.

Of course, Bao Feiyang will not refuse such an investment willingness, after all, the development is from low to high, without the drive of labor-intensive industries, there is no way to talk about the upgrading of economic industries.

However, his focus is on capital-intensive and technology-intensive projects, which are also vigorously developed and supported by South Korea, and are relatively much more difficult.

As the economic and political center of South Korea, Hancheng is the headquarters of many large groups, and Fukusan is the second largest city in South Korea, with industries such as textiles, petrochemicals, machinery, food, wood processing, aquatic product processing, shipbuilding and automobile manufacturing are relatively developed, especially shipbuilding, tires and other industries are ranked first in South Korea.

Bao Feiyang originally didn't want to go to Fushan City to avoid meeting Lu Dingyi, the executive vice mayor of Tongcheng in Fushan City, and he didn't want to give South Korea's Shanshui Group the opportunity to sit on the ground and raise prices because of the competition with Lu Dingyi.

However, he thought so, but some people didn't want him to be happy, Bao Feiyang had just finished negotiations with a South Korean company, Tu Xiaoming answered a phone call, and then came over and said: "The news from the Korean Shanshui Company said that it wanted to renegotiate some details of the project. ”

"Aren't they all talked?" Xu Ruolin frowned and said.

"Probably they think some conditions should be better!" Bao Feiyang smiled: "Did Mayor Lu go to the Korean Shanshui Company?" ”

Tu Xiaoming nodded: "Yes, when we arrived here in the afternoon, Lu Dingyi also went to the Korean Shanshui Company, which should have communicated with the management of the Korean Shanshui Company." (To be continued......)