Chapter Eighty-Six: Difficulties
Textiles from Japan poured into the Anhui market like a tide, and although the extremely low prices did not bring much profit to Japanese businessmen, they also succeeded in making the products of Wuhu textile factories backlog and unsalable.
It is certainly not very comfortable for Japanese businessmen to dump at such a low price, but they are a consortium composed of more than 20 foreign firms, and they can fully afford such a price.
However, for Yan Shao, who is weak, things are a little troublesome...
"These Japanese grasped the timing very accurately, and happened to start before the Chinese opened up the markets in several other provinces, so that he did not even have the opportunity to abandon the local market, and was very passive..."
In Harrison's office, an assistant manager named Leonard said to Harrison and another assistant manager named Hill after reading the news from Anhui.
"That's right, and that Chinese has just finished reforming the factory, plus the acquisition of shipping companies and the ongoing planting plan..." Throwing a document back on the table, the assistant manager named Hill tapped the glasses on the bridge of his nose and said. Now he doesn't have much money left in his hands, and if he can't find a solution, I'm afraid he will stop work in a few months..."
This deputy manager named Hill is very accurate, after carrying out the factory reform and acquiring the shipping company, Yan Shao's funds are indeed a lot less. The amount of cotton consumed by 40,000 spindles is also very staggering, and the daily expenditure on raw material procurement has reached more than 30,000 silver dollars, and when another 20,000 spindles are also put into use, this number will even rise to 40,000 or 50,000.
In other words, Yan Shao needs to spend nearly one million silver dollars on raw material procurement every month, which is nothing compared to the wages of workers who are more than 10,000 silver dollars per month.
"Now it mainly depends on how much time the Japanese can hold on, according to the information we have obtained, the existing funds of the Wuhu textile factory are about 1.5 million, and if you save some money, you should be able to hold on for two months."
"Then it seems that this Chinese has little hope..." shook his head, Hill spoke. With the strength of those Japanese, even if you support it for half a year, it's no problem, but..."
With that, Hill looked at Harrison. "Manager, I remember that the Chinese surnamed Yan is a very famous novelist, right..."
"That's right..."Harrison, who had been listening to his argument just now, nodded, as a fan of Yan Shao's books, he naturally knew a lot about the situation.
"That'sā" Seeing Harrison open his mouth to admit, Hill continued. I wonder how much he earns in this area every month? I remember that he seems to have written a lot of best-selling novels, and if he earns too much in this area, he may be able to hold on for a while longer..."This Hill is not a novel lover, so he has only heard some rumors about Yan Shao, after all, there is nothing like ** in this world.
Harrison thought for a moment, then shook his head. "I remember he earns about tens of thousands of pounds a month, but he doesn't get it until the end of the year, and I'm afraid he can't count on it now..."
Hearing Harrison say tens of thousands of pounds, both Hill and Leonard were taken aback.
The pound is very valuable these days, and the exchange rate with the silver dollar has reached the point of 1:10.5, and tens of thousands of pounds are equivalent to at least hundreds of thousands of silver dollars. If you can have hundreds of thousands of them in hand, you can save some money and even last for another month. However, after hearing Harrison say that it would not be available until the end of the year, the two also shook their heads and sighed.
"It seems that this Chinese is indeed hopeless..."
Since they were all able to get the news, there was no reason why the Japanese would not know what to do. The fact that the Japanese dared to dump their goods at low prices in Anhui was also related to the matter of Zhilu Dao.
Although the apportioned price is not painful for behemoths like Mitsubishi and Mitsui, those small foreign companies will still feel very uncomfortable. Even if it is three or two months, if it really lasts for a year and a half, I am afraid they will feel unbearable.
If it weren't for the fact that Mitsui & Mitsubishi & Co. promised to give them half of the market share in Anhui and Jiangxi provinces, they might not even be involved.
And for behemoths like Mitsubishi and Mitsui, dumping a province alone or three or five foreign companies is also unbearable, which is why they need small foreign companies.
Although this incident was well hidden before, it was not a secret after it happened, and many foreign foreign companies, including Jardine Matheson, were also well aware. It's just that in this matter, the attitude of Harrison and other foreign foreign companies (that is, managers, or call them managers in the future, otherwise it will be really awkward) is very complicated.
The Wuhu Textile Factory had developed so smoothly before, and the threat he brought Harrison naturally would not be invisible to them. At this time, the Japanese were willing to come forward to pull out this shoot before it grows, which is more in the interests of the British.
The question is, after the Wuhu textile factory was uprooted, would the Japanese who invaded the Yangtze River valley become a greater threat than Yan Shao?
At this time, the Japanese-British alliance had only been signed for a few years, and the British needed the Japanese to contain the development of Russia and Germany in the Far East.
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In the office, looking at the long list provided by Li Liang, Yan Shao smiled bitterly.
It wasn't that he didn't think that Yamamoto would take revenge, but the fact that so many Japanese foreign companies came together was completely unexpected by him.
"When did the Japanese become so united..."With a helpless wry smile, Yan Shao looked at the few people in front of him. What can you do about this situation? ā
Hearing Yan Shao's question, Ke Fu and the others looked at each other.
They had also heard of the contradiction between Yan Shao and Mitsui & Co., but they didn't expect the contradiction to be so big that almost all Japanese foreign companies related to the textile industry in Shanghai were involved. Originally, if it was just one Mitsui foreign company, they might have a way to solve it, but more than 20 foreign companies worked together...
"I'm afraid they'll have to wait for them to give up..."
Hearing Ding Mao say this, Yan Shao shook his head and turned his head to look at Eleno and Katarina.
The two of them were also thinking about the solution just now, and after seeing Yan Shao look over, Elaline slowly said after biting his lower lip. "Just like Minister Ding said, for now, we can only wait for the Japanese to give up, but before that we have three choices..."
"The first is to go head-to-head with the Japanese, since they dump goods at low prices, then we sell goods at lower prices, but I don't recommend this method, because we are far inferior to the Japanese in terms of capital and production capacity, and if we do so, we will only drag ourselves down..."
"In one, it is to stop the factory and wait until the Japanese end the dumping, but if we do so, it will be tantamount to giving up Anhui and several other provinces to the Japanese, and even if we reopen, I am afraid it will be difficult to do anything in a short time..."
"The last one is to procrastinate, first stop some machines, and then sell goods at the same low price, but the purpose of this is not to drive the Japanese out of Lu, but to ensure the presence of the factory in the province, lest Anhui be completely occupied by the Japanese after the shutdown, and during this period we have to find new markets as much as possible."
Speaking of this, Eleno and Caterina frowned slightly, because this method is actually no different from gambling, except that the bet is on when the Japanese will give up. If they give up before their funds are exhausted, then Yan Shao will win, but if Yan Shao's funds are all exhausted and they haven't given up, then Yan Shao will lose all his money, and from the current point of view, Yan Shao's loss is much greater...
As for the new market, even if they can find it, can't the Japanese catch up?
However, this is also the only suitable way at the moment, because if you choose the other two methods, the first one will not be able to fight at all, and the second one will be difficult to do anything unless Yan Shao is willing to change careers. As for sending someone over to the peace talks, neither Elaline nor Caterina had thought about this.
Since the Japanese will create such a big formation, it is obvious that they will not give up easily, and even if it is a peace talk, the conditions put forward are difficult for them to accept.
This is not only clear to them, but even Yan Shao himself is clear, so after a moment of silence, Yan Shao spoke. "Then use the third one and see who lasts longer..."
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