When I saw that my father was not happy in the first day, I was a little stunned.

Although there are constant trade frictions with each other, Xiaori has never wanted to exist independently from the United States.

After all, if you look at the neon army everywhere, you will know how to choose.

It can be said that these two countries have not been on an equal footing since the beginning, and Neon has always existed as a vassal.

Now the father of the United States is beginning to dislike neon, so the neon government sent the third escort Jintaro to the United States to explore the rumors.

The third escort Shintaro is the former prime minister's Lao Tzu who was taken away by the extralegal maniac with two shots.

At this time, the escort Shintaro held the position of neon foreign minister, and it was also his duty to take on diplomatic matters.

But after arriving in the United States this time, what the third escort Jintaro saw and heard was greatly beyond his expectations.

On the streets of Washington, he saw a sign hanging in front of a store.

“No Japs Allowed！”

Japs is a discriminatory term for Japanese people in the United States, and at first glance it seems to be an abbreviation for Japanese, but it is not.

The true meaning of Japs is Japan + Apes! Together, it's a Japanese monkey!

So the billboard reads, "Japanese monkeys are not allowed!" ”

Seeing this sign, the escort Jintaro was so angry that he almost wanted to go up and reason with the store, which is a very insulting word.

However, this is not the place for him to break his defenses, and those old congressmen even quietly refer to him as "japs" in private.

But the more this is the case, the more the escort Shintaro dares not make a mistake.

Under the good flattery of laughing and bowing, Baker, the new finance minister of the United States, finally revealed to him the bottom line of the United States.

That is, "the yen is rising, the dollar is depreciating!" ”

Well, now the meaning of Mi Guo's father is very clear.

The escort Shintaro, who got the news, immediately returned to Neon and conveyed the wishes of the Mi government.

So for the meaning of the United States, Neon here does not agree?

This issue is also somewhat complicated, as the cabinet headed by Nakasone was in the process of privatizing the economy and implementing a "small government" plan.

Last year's reform of the telecommunications industry from a government monopoly to a private sector was the handiwork of the Nakasone cabinet.

Therefore, Japan Unicom, a subsidiary of Shirakawa Holdings, was able to successfully obtain the license this year, which is also a blessing from this policy.

At the same time, Nakasone wanted to turn the economic wealth gained by Neon into an even more ambitious goal of international prestige.

That's why the famous slogan was proposed, "A strong Japan must be supported by a strong yen!" ”

It can be seen that in terms of official attitude, the neon government does not actually reject the appreciation of the yen.

And they also realize that the current trade situation is indeed a bit abnormal, if the United States blindly runs a trade deficit, as a vassal of the neon, the final result will not be very good.

So in order to do business, most of the neon companies are also inclined to make slight concessions to the United States.

The only objections are probably from some within the Ministry of Finance, some of whom understand what the yen's appreciation means, as the central authority in charge of neon finance.

This means that the export competitiveness of neon products will decline in the future, which means that a series of uncontrollable factors will slowly emerge.

However, at the critical moment, Keidanren voted in favor.

Keidanren's full name is Keidanren, Japan Keidanren.

Its members are all chaebols, Mitsui, Mitsubishi, Sumitomo, Fuji. All the way to Shirakawa Holdings, which took over all the large-scale chaebols of Neon.

Therefore, this is a super-large joint chamber of commerce dominated by chaebol members, and its president is called the chief carp of the financial world.

It is conceivable how huge the power and energy of such a keidal alliance is, and it is not an exaggeration to say that it covers more than 60% of the total output value of neon.

Before the official vote in the Diet, there was also a vote within Keidanren, and Shirakawa Kaede voted in favor at that time.

Nonsense, as long as he can, Shirakawa Kaede wants to blow the bubble a little bigger.

Anyway, dead friends, not dead poor friends.

Not to mention that most people within Keidanren also think so, especially the large valves led by them.

Their business not only has exports, but also has a large import demand.

For example, Mitsui, Mitsubishi, etc., which are involved in energy, the appreciation of the yen means that they import oil much cheaper.

When oil is cheaper, it means that profits are up.

At the same time, as a chaebol with banks as the core, they also hope to participate more fully in the international financial market.

Everything is for the sake of profit, so Keidanren agreed to the appreciation of the yen.

After synthesizing internal opinions, the Nakasone cabinet began to express positive intentions to the United States.

So in the following June, July, and August, Prime Minister Takeshita Noboru began to visit the United States one after another, and frequently discussed the issue of the US dollar exchange rate with the Minister of Finance of the United States, Baker, and others.

During this period, it was not only Neon who participated in the meeting, but also the finance ministers of Britain, Germany and France also gathered together to discuss related issues.

After all, the trade deficit of the United States is not only relative to neon, but also in Europe.

Of course, in the past three months, Neon has not been idle here.

After all, the appreciation of the yen is a big event, and as a representative of obscene development, neon is also not to fight an unprepared battle.

During this time, the Ministry of International Trade and Industry has been doing one thing, and that is to investigate the impact of the yen's appreciation on neon export products.

This is a joint effort by Keidanren, since most of the industries are concentrated under their group.

At present, the exchange rate of the US dollar against the yen is about 1:250, and it has been investigated for two or three months.

Starting from several industries such as textiles, iron and steel, shipbuilding, electronics, and automobiles, it is concluded that the maximum tolerance of these industries to the appreciation of the yen is about 1:155 to 1:180.

This also means that if the yen appreciates by about 34%, neon companies can still survive.

No matter how low it is, it is a matter of life and death.

Therefore, in the end, after all considerations, everyone agreed that the yen only needs to appreciate by 10%~20%.

That is, the ratio of the US dollar to the yen has risen to 1:200, and the export of neon manufacturing is still quite competitive.

Past trade wars have taught them that if neon takes a small step back, it will make great strides again after a brief recession.

This is one of the reasons why neon is up and down as a whole, and tends to appreciate the yen.

Because they are not afraid of these trade frictions at all, and besides, they have not experienced the appreciation of the yen.

In 1971, the yen appreciated by 20% at one time. After a short period of adjustment, the neon economy continues to make great strides.

So the advantage is mine, don't panic!

This is a strategic retreat, not that I am afraid of the father of the United States.

And also in June, a big event happened in the semiconductor industry.

On June 24, Micron Technology Co., Ltd. submitted a petition to the Mi government on behalf of 64K DRAM companies in the country.

It claimed that under Regulation 731 of the Trade Act of 1974, 64K DRAM imported from Neon was being or could be sold in the United States at a price lower than fair value, which caused material damage to the United States' industry.

Soon after, companies such as Intel filed dumping complaints against neon-produced erasable read-only memories.

The reason why the United States counterparts suddenly became troubled was because 1985 was also the year of the Great Depression in the semiconductor industry.

According to the law of cyclical decline of semiconductors, the global semiconductor market was shrinking in 1985.

In 1980, a 64K DRAM memory chip cost $100, a year later it dropped to $50, and in 1982 it cost only $5.

And that's not the end of the story, as in 1984 it cost $3, and by the middle of this year a 64K DRAM would cost $0.75.

During the same period, 256K DRAM dropped from $31 to $3.

At this time, the Neon 256K chip is priced at $2.6 in the United States and $1.7 in Neon.

The price of neon chips is cheap, but the key is that its quality is better than that of its Milan counterparts.

Not only that, but the neon manufacturer did not care about the Great Depression in the global semiconductor market, and in turn he was expanding production capacity.

Counter-cyclical expansion of production capacity, this move directly gave a fatal blow to the United States counterparts, and a large number of semiconductor companies went bankrupt at a loss.

This also laid the groundwork for Intel to announce that it would abandon the DRAM chip business a few months later, but this is a later story.

In short, the first half of '85 was extremely lively, and the Mi-Japanese government was busy discussing the depreciation of the dollar and the appreciation of the yen.

Over there, the semiconductor companies in the United States and the neon semiconductor companies are about to hit the dog brain again.

The appearance of all living beings is really bizarre and treacherous.

Time entered the second half of the year, because of the class action lawsuit of the United States enterprises.

The U.S. government has brought out the semiconductor in the MOSS agreement negotiated with Neon before.

On August 8, the International Trade Commission (ITC) ruled that 64K DRAM imported from Neon could cause substantial harm to the United States.

On August 19, the United States asked NEC, Hitachi, Japan Electric Industries (OKI) and Mitsubishi Electric to respond within 30 days.

However, in response to a late request from Neon Enterprises and the Ministry of International Trade and Industry of Neon, the United States extended the response time.

At the same time, the time is getting closer to September.

"Watanabe-san and Senior Brother Yanagiya, please take a seat."

In the Shirakawa Building, Shirakawa Kaede pulled representatives from Daiichi Quanyin and Nomura Securities to open a closed-door meeting.

They are all old acquaintances, and when Shirakawa Electric went public, they were the manipulators.

"Shirakawa-san, is there anything important this time?"

As soon as he sat down, Ichiro Watanabe looked at the conference room that had been cleared and immediately asked curiously.

Looking at this posture, you can know that the topic we are talking about today is very interesting.

Nomura Securities' Takashi Yanagitani is also a little curious, to say that this Shirakawa junior brother has been in the limelight recently.

No, it should be said that Shirakawa Electric is out of the limelight.

Since the World Expo half a year ago, Shirakawa Electric has come up with four or five black technologies.

The name of Shirakawa Electric is not only resounding in neon, but also appears frequently in newspapers around the world.

Whether it is an ultra-thin and large LCD TV, or a robot that can communicate with people, it has become the darling of the world's media.

It can be said that with the gradual spread of the explosive flow of people at the World Expo, Shirakawa Electric has become a well-known brand of neon and has slowly been upgraded to a world-renowned brand.

This improvement itself does not carry any economic benefits, but the hidden wealth it brings will benefit Shirakawa Electric for decades to come.

The improvement of brand image around the world is something that many companies dream of.

This World Expo has simply become the best stage for Shirakawa Electric to promote itself, and this large-scale advertisement lasts for half a year, and there is no charge.

The effect of this wonderful advertisement was also immediate, and Shirakawa's market capitalization has climbed to fifth place, just behind Sony.

With such a happy event, it is normal for Yanagitani to envy him, after all, most of Shirakawa Electric belongs to him.

For the inquiries of Ichiro Watanabe and Takashi Yanagitani, Kaede Shirakawa chose to get straight to the point.

"Did you hear about the yen's appreciation?"

Well? Watanabe Ichiro and Yanagitani sat up straight in an instant, and they had been busy with this matter recently.

(End of chapter)