Chapter 389: The Sorrowful Mitsui Hiroshi

The counterattack of cloth stores in Shanghai, and even in major cities, especially the prices that have been reduced, suddenly entered the cost area of Japan, or even lower, 200,000 tons of cotton and 200,000 pieces of muslin, originally thought to be a good investment, to be able to obtain huge returns, but unexpectedly, only a few days, even these cloths have not been sold much, directly into the loss area.

Mitsui Hiroshi is no longer as good as before, can withstand it, after thinking about it for a day, he found William again, and wanted to ask what was going on, didn't he say that the world cotton market was still rising?

That's right, the world cotton market, is still stable at that height, China's cotton, basically digested internally, not sold in the international market, of course, will not cause price fluctuations, familiar with financial investment and futures business people are clear, under normal circumstances, reality is reality, futures is futures, futures may image reality, reality may also affect futures, but in a short period of time, there will still be deviations.

Just like China, the price of spot cotton and cloth, even relative to the international market, has produced an upside down, but there is no way to use this upside down, when the price of cotton has risen rapidly, the United Kingdom has not continued to protect the disk, other countries in the premise of unknown circumstances, will not casually shoot, the price of cotton is hanging where, but really someone buys, the answer is of course no, Japan is such a big wrong, it is not so easy to find, Jardine and the United Kingdom, almost laughing awake.

Mitsui Hiroshi this time, destined to be disappointed, he took the initiative to come to the door, William didn't see him at all, Jardine Matheson, although it is based in China British-funded foreign firms, but it must be above, and the British government is inextricably linked, Mitsui chaebol may be not bad in Japan, in the world, it is not a big group, let alone Mitsui Property, he is just a company under the Mitsui chaebol, even if it is Mitsui itself, it is not at the same level as Jardine Matheson.

William did not underestimate Baotou, since last year's Wuhan Industry Association, he found that China seems to have a force that he cannot control, and even has a great impact on British interests, which is also the root of his seizing the opportunity to promote this cotton, in fact, the British with strong finance and power, is really making money in it, but this money, at the cost of paying the Chinese market, the price is too great, the Chinese market is very huge, and the UK does not intend to occupy it all, However, the middle and lower reaches of the Yangtze River, which are the basic plates, are the focus of the United Kingdom.

The current cotton sales, the aggressive Chinese cloth, seem to have an indomitable momentum, which makes them dare not slack off. The two huge forces are so right in the Chinese market, and the Japanese cloth with unlimited scenery before, there is no trace of it, with Shanghai Cotton Textile Co., Ltd. as collateral, where to get 200,000 muslin from the United Kingdom, and now it is completely smashed in the hands of Mitsui Hiroshi, the current market price, even lower than the price he bought, Mitsui Hiroshi is not willing to lose like this, after finding William has no effect, he also wants to use his own channels, the muslin is sold, China is not to think about it, The two major cotton textile groups have put their basic eyes here, but the fine cloth flowing in Shanghai is more than 500,000 yuan, and the price is still flowing down, his main goal is still in China, there are still a lot of fine cloth markets in Japan, as long as this is sold, his chess will be completely revitalized.

Before Mitsui Hiroshi started, a telegram from Japan made his heart sink to the bottom completely. The telegram was an order, that is, it was announced directly to Mitsui Hiroshi, Mitsui Properties, because of the wrong direction of strategic investment, purchased 200,000 tons of cotton at a high level, Mitsui Harukawa was a huge dereliction of duty, so that the group suffered huge losses, not only the position of the chaebol director was not kept, even the position of Mitsui Property was not kept, and he was ordered to think about it behind closed doors, as for him Mitsui Hiroshi, because of the huge mistake of China's strategy, he was also dismissed on the spot, and the mess he left behind will be taken over by Mitsui Mori, and he must get on board immediately, back to Japan.

Mitsui Hiroshi's face twitched, in this way, not only showed that his previous strategy of coming to Shanghai was almost in vain, if he accepted the order, most of the 120 million yen investment would be wasted, and even Mitsui's cotton textile company in Shanghai would belong to someone else, which he could not accept no matter what, such a setback, for him, was almost fatal.

It's a pity that Mitsui chaebol has always been a family-style management, even if Mitsui Hiroshi is such a highly educated, self-proclaimed gentleman, facing a strong family, because following the order, there are 4 family samurai, Mitsui Hiroshi, who is proud of using his brain, can't resist the force of others at all, almost full of crying, was dragged to the ship, less than 2 months before and after, the status and treatment are worlds apart, from a young talent who is full of ambition and wants to create a career, has become a water dog, the role changes so quickly, it is absolutely dizzying.

For Baotou and the great powers, in the field of cotton, Japan, is nothing at all, the two tigers compete, the first to be eaten, is this bird, in the two major forces moved slightly, and even the target was not directly directed at Japan, Japan was finished.

Later generations of economists have studied, this time the cotton crisis, so that Japan, The direct economic loss is as high as 120 million pounds, plus the loss of Shanghai, almost to 140 million, which is not a small amount of money, which is equivalent to saying that in the past ten years, Japan has worked hard, and even in the First Sino-Japanese War, Xin Chou and the Russo-Japanese War, all the war dividends obtained have completely disappeared, and the impact on cotton textile and even the associated silk industry is far-reaching, more than 3,000 cotton textile mills went bankrupt, and the most shocking thing is that the Mitsui chaebol, closed 50 cotton textile factories, completely withdrew from the field of cotton textile, and did not set foot in it for decades, so that the textile industry has truly become a pillar industry in China.

It is precisely because Japan has lost the opportunity that the textile industry, which has only developed slowly for more than ten years, has been completely turned into ruins, and under the huge losses, it has also completely withdrawn from this industry.

The first battle didn't take much effort, and it was easy to take Japan, not even a simple target, just by virtue of cost and price suppression, it was completed, but for Yang Yuanzhao, a qiē has just begun, Japan is just a clown, in a sense, the rise of Japan, with a lot of lucky elements, Japan is an island country, is a chess piece in the hands of the United Kingdom, used to clamp the Qing and Russia, after killing Japan, Britain will bear the brunt of the stand-up.

At this time, Britain, just like the United States in the 21st century, is even stronger than the United States, the title of the empire on which the sun never sets, can be said to be deeply rooted in the hearts of the people, with the most powerful war weapons in human history, Britain can be built one to two against Germany, can win two wars at the same time, has the world's largest financial market, the pound sterling can be equated with gold, one pound is equal to 10 silver dollars, that is, gold coins.

Japan withdrew, China's cotton textile forces, began to surface, in order to deal with this situation, the headquarters of Jardine Matheson held tripartite talks, the other two parties are the United States-funded foreign bank Qichang foreign bank and the Russian-funded Daosheng Bank, they are all foreign banks with a deep national background, the amount of control zhì funds is extremely huge, at this time, after Japan's withdrawal, began a fierce quarrel, mainly because of China's newly rising cotton textile industry.

The big class of Daosheng Bank, the Russian Fedorov said with some anger: "Why don't you reduce the price, our goods have been squeezed for so long, it is easy to make a profit, and the price must be reduced!" ”

"Isn't that being discussed?" The Americans began to play round.

"Have you noticed, they basically, is above our price, price reduction, obviously, they are going to fight with us, I believe, whether it is the United Kingdom, or us, the cost of production is lower than the Chinese, they are new factories, have not completely recovered costs, into the price war, for them, is very unfavorable."

William frowned and asked, "Do you mean that Ben hurts people?" ”

"Yes!"

William thought about it carefully, and then nodded and said: "We will reduce the price, but this time the range is not too high, depending on their reaction, our muslin can bear a loss of 1 yuan." ”

British muslin is the pride of Britain, not only good quality, but also low cost, the American Thomas pondered for a while, and then said: "Then our grey cloth can withstand a price reduction of 7 cents." ”

The eyes of the two people fell on Fedorov, Fedorov pondered for a moment and said: "I can lower the price, but in terms of this share." ”

William waved his hand and said proudly: "The market for grey fabrics, Britain can vacate it, and you two will divide it equally!" ”

Britain has been seeking industrial upgrading since the beginning of industry, and low-end commodities such as grey cloth were only used for the market a few decades ago, and the vast colonies had the largest market, so it was okay to make a little concession in order to unite the two allies.

With William's approval, Fedorov and Thomas glanced at each other and said, "Okay, that's great, in this case, our low prices will be 9.16 yuan and 11.5 yuan!" ”

"Yes, you can do this first, and under certain circumstances, you can go further!" William said.

"Further down?" Fedorov looked at William in surprise.

"Why, I don't want to take out the previous income, what a huge market China is, and what is the price of cotton and muslin last year!"

Everyone invariably smiled, cotton cloth, not a speculative commodity, not the so-called tulip, he has a use value, generally speaking, the grey cloth is reduced to a certain degree, has entered the production cost, in this case, they can even come back to buy, I believe, with the reserves of Baotou, and how much inventory can be made, the market is gradually made, even if China has a strong production capacity, it may not be able to solve the problem of the international market. R1152