At around 10 a.m. on Sunday, Mr. Park and Mr. Shin met by the window at a coffee shop in Seoul's Gangnam district. Not only are both of Japanese ancestry at home, but they are also able to speak standard and fluent Japanese.

Xin Yanxiu smiled and said, "It is said that your father has made a big move again." Karuizawa Heavy Industries, based in Wakayama City, Japan, is about to be established. ”

Park Junlong was not surprised at all when he heard this, after all, it had already spread in the established circle in South Korea. There are happy and unhappy ones.

The happy part of the people is just thinking about the import of steel, a raw material, and there is another choice. At that time, the involution of the steel industry will intensify, which is tantamount to a price war.

This is bound to be a drama when picking up "bargains" from it. Korean businessmen are very similar to businessmen from other countries.

Don't look at how patriotic they are and advocate the use of domestic products, they are generally performing. To be precise, it is a performance for the people of South Korea to watch.

As long as the steel required meets the inspection requirements and the price is cheaper, then which company's goods are used. They don't care if it's Japanese or Korean.

In addition, Korean steel and Japanese steel are placed together, but it is still impossible for anyone to distinguish between them and their eyes.

What's more, if you ask the steel in front of you, which ones are from South Korea and those are from Japan, will they respond?

As for the other part of the people who are unhappy, they already have a sense of crisis. They are keenly aware that there will be an inevitable business war in the future. If the other party is a small company, it will be fine.

However, in the future, they will face a challenge from Karuizawa Heavy Industries, a subsidiary of the Karuizawa Group, one of Japan's top 10 chaebols. South Korea is definitely a big country in terms of steel consumption.

Among them, the most representative is the country's shipbuilding industry and automobile industry. Even the POSCO Group, which they are proud of at the moment, uses a lot of technology from the Japanese steel industry.

In 1969, the Japanese side agreed to provide a loan and designated Yawata Steel, Fuji Steel (later merged to become Nippon Steel) and NKK to be responsible for technical assistance to South Korea.

In 1970, the Pohang Steel Plant was born. In short, the construction of the Pohang Iron and Steel Plant, relying on technical assistance and loan support from the Japanese steel industry, laid the cornerstone for the development of the Korean steel industry.

After Park Junlong groaned, he spoke: "Those are my father's grades." At the moment, my mind is full of only thinking about making the Taiji Tiger Fund I manage bigger and stronger. ”

Xin Yanxiu's smile remained unchanged and said, "It seems that you don't seem to care!" You can't do that. South Korea's steel industry has begun to look like a major enemy.

South Korea produces more than 70 million tonnes of steel per year, but it is mostly crude steel. In contrast, Japan produces 100 million tons of steel every year and exports 30 million tons.

A quarter of this is made of special steel. It is mainly automotive steel, electrical steel and so on. For a country like South Korea, which is dominated by shipbuilding and automobiles, it will inevitably form an impact. ”

Park Jun-ryong seemed to understand another meaning of her words: "Am I going to short South Korea's steel industry from now on?" ”

Xin Yanxiu looked at him with her left hand on her cheek and said, "I don't understand the way of business, nor the way of finance. ”

Park Jun-ryong said suspiciously: "You won't be joking with me, right?" ”

Xin Yanxiu said truthfully: "I believe that while our family investigated you in private, your family also did exactly the same thing to me.

Whether it's my major in college or my current job, it's not related to business and finance. I'm not interested in these things in my heart.

That's why I pay attention because you like it. I don't want us to sit together and have nothing to talk about. If we don't speculate even now, we will get married in the future, and everyone will not be miserable? ”

Seeing that her words were true, Park Junlong didn't hide it and said: "Feelings need to be cultivated slowly, don't be in a hurry." What you just said reminded me. It is indeed feasible to short the Korean steel industry.

There is a big premise for this, and in addition to my full confidence in Karuizawa Heavy Industries, that is, in the future, steel from Karuizawa Heavy Industries will directly stir up the Korean steel market.

At that time, even if the South Korean government thinks of taking certain restrictions on steel imports from Japan, it will not work, after all, reality does not allow it.

If steel from Japan is not used, especially the steel of Karuizawa Heavy Industries, the cost of Korean automobiles and shipbuilding will increase significantly.

In this way, profit margins will be directly compressed, and corporate profits will be greatly reduced. With the current economic situation, inflation will only rise in the next few years.

It is tantamount to pushing up the continuous rise of various prices, which will inevitably lead to the increase in the cost of living of the general public. When the time comes, people from all walks of life, especially workers, will have to demand a wage increase.

This further pushes up labor costs. Industries such as automobiles and shipbuilding are not immune, after all, there are a large number of employees. ”

Xin Yanxiu asked incomprehensibly, "Then what are you worried about?" ”

Park Jun-ryong said bluntly, "First of all, the steel price of Karuizawa Heavy Industries needs to be attractive enough. That is, there is a considerable advantage in price. Otherwise, I would have shorted the entire Korean steel industry and that would have failed. ”

Xin Yanxiu understood and said, "So that's the case! I thought it was because you were patriotic that you didn't short South Korea's steel industry! ”

Park Junlong couldn't help laughing a little and said, "South Korea, this country, don't you know yet? South Korea is also a country that laughs at poverty and not prostitution.

If you have money, that's. If you don't have money, you're stupid. Although you and I are both Korean nationals, our bloodline is not pure.

In terms of Korea, which values pure blood, we don't seem to be Koreans. Of course, it is precisely because we have money that we are considered compatriots, not foreigners. ”

Xin Yanxiu expressed a great agreement: "It is true. Do you stand more on the side of South Korea or more on the side of Japan? ”

Park Junlong didn't say wrongly: "South Korea, Japan, I don't stand on the side, but only on the money side." Wealthy people can be counted as citizens of the world.

If you want to naturalize in any country, it will not be difficult. With money, you go to any country, and you are a superior citizen.

If you don't have money, if you go to any country, you will still be pure cattle and horses. Not only will they be exploited and enslaved, but their children and grandchildren will also be exploited and enslaved. ”

(End of chapter)