Rebirth of Hong Kong 1981
Page 935
The two came to a Saudi meeting ceremony, and then Yang Chen greeted Hassar's wives and children.
What Hassar didn't expect was that Yang Chen, who has become the richest man in the world, didn't have any ties to him, which made Hassal couldn't help but feel happy.
Yang Chen's principle has always been that people respect me a foot, and I respect others. Before he went to Saudi Arabia, Hassar warmly entertained him.
In order to entertain him, the other party gave up the best place to live, and everything he provided was the best at the time. Yang Chen is not the kind of person who would be ungrateful for profit. Naturally, he would not underestimate the other party because of his current status. other side.
What's more, no matter what the other party says, he is also a prince. Although there are many princes in the Middle East, it is a bit hard to recognize, but Hassar, as the son of the old king, has a certain influence in selling Saudi Arabia.
Hassar glanced at the blue beauty who was talking to the person in charge of the hotel, and smiled, "Yang, I heard that this hotel belongs to you."
Yang Chen nodded and said: "I just got it some time ago, so I'm not very clear about the specific situation."
Hassar nodded understandingly. Indeed, the Yang's consortium is developing so fast now, and it is involved in more and more industries. As a big boss, Yang Chen will definitely not understand such small things.
"Come on, let's go up for a drink first."
Yang Chen patted Hasal on the shoulder, and led a half-race daughter of the other party with the other hand, and walked towards the hotel.
He has no interest in those little things now, nor does he have time to ask them.
Of course, the most important thing is that it is not necessary.
Chapter 1026 Hassar's Purpose
Hotel top floor
Yang Chen and Prince Hasar were drinking while reminiscing about the past.
As the saying goes, if you don't see each other for one day, it's like every three autumns.
For Prince Hassar, a simple Sanqiu is not enough to express his views on Yang Chen. In recent years, the Yang's consortium has become more prosperous day by day, and it has been surprising year by year.
In comparison, he is what he was before, and he is still what he is now, without any change at all.
Of course, if Yang Chen was allowed to choose, he would actually prefer to live a life like Prince Hassar's, with oil at home and no worries about food and clothing for the rest of his life.
In my spare time, I travel around the world with my wife and children when I have nothing to do. This life is so free and colorful...
That's like what he is now, with the growth of Yang's consortium, even if he wants to stop now, he can't stop.
This is like adding a yellow robe to Song Taizu's body. Sometimes it's not a question of whether you want to, but you have to do certain things.
Even if you don't do it and you don't want to, someone will force you to move forward.
In the words of the richest man in later generations, what he regrets most in his life is the creation of Ali. The larger Ali is, the greater the influence, the greater the responsibility and pressure he needs to bear.
And Yang Chen also has this kind of thought now, but if you want him to stop, it is absolutely impossible, there are some things that you have enjoyed, and you don't want to lose them.
Absolute wealth is equivalent to absolute rights. When a person's wealth reaches a certain level, he can transform wealth into rights.
Big countries like inland and the United States will certainly not let him do whatever he wants, but other countries, some small and medium-sized countries, with enough wealth, it is not difficult for him to do whatever he wants.
No one can resist the attraction of this kind of wealth and power. The so-called wanting without desires is just like those men and women who choose a partner without any requirements. The less requirements there are, the higher the requirements are.
"Yang, I heard that you own a telephone company."
"Press?" Yang Chen looked up at Prince Hassar, and asked, "Prince, you invited me over this time because you are interested in the telecommunications industry, right?"
Prince Hassar didn't deny it, just nodded and said, "To tell you the truth, I invited you here for this purpose."
Yang Chen frowned, and said: "As far as I know, Saudi Arabia has introduced European GMS technology, while my phone company uses American CDMA technology."
Prince Hassar said: "Yang, I believe in your vision. Since you choose American CDMA, it means that CDMA must be better than GMS."
"Prince, thank you for your trust."
"However, CDMA has not yet been commercially available. Prince, if you are not in a hurry, how about the situation at the end of the year?"
Prince Hassar wondered: "I'm afraid it won't work in time. Before the end of the year, the Saudi government will make a final decision on promoting GMS. If we wait until the end of the year to introduce CDMA technology, I'm afraid it will be too late."
Yang Chen: "What do you mean, prince?"
Prince Hassar said: "Our two joint ventures established the company in the shortest possible time and introduced CDMA technology. There is no need to lay too many base stations in the early stage, as long as the government sees the advantages of CDMA."
"Yang, once the CDMA technology is recognized, then in the next few years, Saudi Arabia will vigorously promote the construction of domestic telecommunications networks. Once it succeeds, we can further obtain orders from the Middle East."
Before the 60s and [-]s, Saudi Arabia was still in a feudal society, but after the discovery of oil resources, in order to develop Saudi oil resources, foreign oil monopoly capital focused on building large-scale modern industrial enterprises that exploit, refine, and transport oil in Saudi Arabia, and built railways. , highways, ports and other traffic roads, etc.
In this way, the Saudi economy began to develop.
As the saying goes, if you want to get rich, build roads first.
From the early 50s to the end of the 60s, foreign companies built more than 4000 kilometers of roads in Saudi Arabia. Objectively speaking, this created prerequisites for Saudi Arabia to unify its domestic market and form a bourgeois and capitalist economy.
As foreign capital continues to set up businesses in Saudi Arabia, the Saudi government represented by the Saudi royal family is also speeding up the process of oil nationalization, and with the oil crisis in the [-]s and [-]s, the Saudi government, which has become increasingly rich in pockets, has used oil to obtain Huge income, began to establish state-owned enterprises.
In addition to the royal family, there are also some famous families related to the royal family, as well as people with business acumen and connections who have entered the business world. These non-royal family members, with the support of the government, set up private companies and became big capitalists.
At the same time as these big bourgeoisie emerged and grew, the need for modernization in Saudi Arabia and the rewards of petrodollars brought a large number of intellectuals who had received modern education and mastered professional knowledge and skills into what Western scholars call the "middle class".
This class includes middle and senior employees in the military and government departments, managers in the industrial and commercial departments, engineering and technical personnel, teachers in the cultural, educational and health departments, doctors, lawyers, etc.
After decades of development, although Saudi Arabia has not entered the ranks of developed countries, due to the exploitation of oil resources, various factories have been opened, and Saudi Arabia has a population of 3000 to [-] million. Those former farmers have gradually transformed into enterprise workers.
The standard of living of ordinary people in Saudi Arabia is only higher than that of Southeast Asian countries. If you can participate in the construction of Saudi Arabia's telecommunications network, it will naturally be a profitable business.
The only thing to consider, though, is the Foreign Investment Regulations promulgated by Saudi Arabia in [-], which prohibits foreign companies that do not attract local capital from operating in Saudi Arabia.
That is to say, whenever foreign capital invests in Saudi Arabia, it must find a partner of a citizen of Saudi nationality in Saudi Arabia.
At the same time, the Saudi citizens of the partnership should account for at least 51% of the total investment, and the equity should not be less than 51%.
In addition, Saudi employees and workers account for no less than 75% of all employees and a series of foreign investment restrictions.
These are similar to the current inland restrictions on foreign investment policies, and even Saudi Arabia is stricter in some aspects.
In a few years, the mainland will open restrictions on the proportion of foreign investment shares, and Saudi Arabia was so oppressed by foreign companies in the early days that such restrictions still prevail decades later.
Therefore, there are still great restrictions on investing in Saudi Arabia, and even due to policy factors, it is impossible for foreign capital to lift up its partners.
Because the Saudi government has regulations, that is, citizens of Saudi nationality have a certain proportion of employees recruited by each foreign-funded enterprise.
With the existence of these Saudi national employees, it is impossible to talk about overhead.
Chapter 1027 Volcanic Island
The next day
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