We are all reborn, who wants to be the richest man?

Chapter 494: The Luo Family’s Rights in South Korea

Gangnam. Don’t think that Gangnam in Seoul refers to Gangnam District. It is actually a general term for three districts.

Today's Seoul is divided into Gangnam and Gangbuk with the Han River as the boundary. Gangnam refers to Gangnam District, Seocho District and Songpa District.

Don’t think that Gangnam District has the most expensive housing prices in South Korea. In fact, Seocho District is not inferior to it.

Gangnam Avenue, which later gathered countless fashionable shops and old gourmet restaurants, is the dividing line between Gangnam District and Seocho District.

Now, the most dazzling buildings on both sides of this avenue are unintentionally the Grand Hyatt Seoul and the Seoul Far East Shopping Center.

Grand Hyatt, the second tallest skyscraper in South Korea built by Jang Sun-hui's Seoul Real Estate, has become a landmark building in Gangnam District.

The Grand Hyatt Building is 201 meters high and has 48 floors.

This height is second only to the 249-meter-high 63 Building, South Korea's tallest building built for the Olympic Games.

The top two floors of the entire building are business and sightseeing areas, floors 37 to 46 are the Grand Hyatt Hotel, and the rest are for rent.

The Seoul branch of Busan Bank and various Far Eastern companies have their offices here, and many other foreign institutions have also moved in.

Across the street, South Korea’s largest shopping mall is the landmark Seoul Far East Shopping Center in Seocho District.

Like the world-famous Far East Shopping Center in Bauhinia Garden District, Seoul Far East Shopping Center is also known for its comprehensive range of merchandise.

The second and third underground floors are garages, and the first underground floor is the ParknShop supermarket.

The above-ground part has eight floors, with floors one to five being various shopping areas, and the top three floors being food and entertainment areas.

Just like the concept of the Bauhinia Garden area, if there is a brand or food that you can't buy or eat here, it will be difficult to find it in the whole of Seoul or even in South Korea.

Welch, standing in front of the mirror in the presidential suite of the Grand Hyatt Hotel, looked at the crowded crowd in front of the Far East Shopping Center in Seoul and had the illusion that the scene was almost exactly the same as what he saw in the Bauhinia Garden area.

"Do you love her?"

Without even turning around, Welch looked at the scene downstairs and asked a question that puzzled the other party. Standing behind him were the Cui family's father and son.

Last June, a democratic movement broke out in South Korea, with more than one million people participating in demonstrations, reaching a peak of 830 million nationwide.

The United States is well aware that public opinion in South Korea can no longer be suppressed and that it is time for a change in the system.

On June 6, Chun Doo-hwan's deputy nicknamed Su Tae-woo issued a declaration, promising to reach a consensus with the opposition party to implement a direct presidential election system and hold elections in February this year.

Just at the end of last year, JoongAng Ilbo and SBS TV station broadcast evidence of Chun Doo-hwan's corruption. These South Korean media controlled by the Luo family stabbed his former allies in the back.

Chun Doo-hwan is no longer of any use, so Luo Nianzhong must maximize his benefits.

Alliance? He is not worthy. When it comes to the height of the Luo family, interests are the eternal melody.

The fact that these two major media platforms broke the news at this time means that they are the representatives of democracy as they have always advertised.

In this way, no matter who comes to power, they must think carefully before making any moves on the media industry controlled by the Luo family.

The Luo family can easily throw dirty water on the new president, saying that he is attacking democracy and is the second Chun Doo-hwan.

What about Su Tae-woo, who is running for election? He is already in a disadvantaged position due to his family background, and now he has no support even from the media industry, so his hope is definitely slimmer.

When even he himself didn't think he could get to the top, a turning point occurred. His daughter who was studying in the United States fell in love with the boy from the Cui family.

The Cui family is the Luo family's white glove agent in South Korea. As long as the Cui family can stand firmly on his side, he can use the Cui family as a bridge to seek help from the Luo family.

Welch came to South Korea this time, ostensibly to inspect Far Eastern Group's enterprises in South Korea and examine the investment environment, but privately he came for this matter.

In the Far East system, if there is one person who can represent Luo Nianzhong, it must be Welch.

Needless to say, the entire Welch family has now become Hong Kong citizens, and many members have settled in Southeast Asia in search of development opportunities.

Especially his cousin's branch, relying on its Far East connections, vigorously developed rubber plantations in Southeast Asia in a joint venture with Welch. It is now considered one of the major families in Southeast Asia and has a great influence on the local economy.

He is the pastor of God. This is the conclusion drawn by top South Korean people on Welch’s visit to South Korea.

However, what Choi Jong-hyun and his son did not expect was that this was the first question Welch asked when they met.

Choi Tae-won looked at his father, not knowing how to answer this question.

Choi Jong-hyun did not do anything because Welch did it behind their backs. He smiled and gave the other person a reassuring look, "It's okay, just tell the truth, say whatever you think."

Maybe it was his father who gave him the courage, Choi Tae-won, who had just entered society, took a deep breath and mustered up the courage to speak.

"It's not really love, but at that time, if I could have pursued her, it would have given me a lot of help and leverage."

This is a wealthy family. Where does all the love come from? Compromise and interests are the biggest themes.

"And now? Are you still willing to marry her?"

Welch finally withdrew his gaze, turned around and sat back, motioning for the two to be more casual.

Choi Tae-won sat down with his father and saw that his father and Welch were drinking tea without looking at him. After weighing his thoughts, he expressed his thoughts.

"At least the ending is still uncertain. If I can get the support of you and the person behind you, I don't think there is anything wrong with my choice."

Welch glanced at the other person and did not give an answer. Instead, he chatted with Choi Jong-hyun about tea ceremony and showed concern for the development of SK Group.

“Infrastructure is an industry with great potential, and the construction of Jiangnan is definitely not the end but the starting point.

Seoul Real Estate alone will not be able to get a big piece of the pie. The infrastructure company under SK should be given more resources.

Now the whole of Asia is undergoing a massive infrastructure development, and there are business opportunities everywhere."

“Yes, I thought so too.

Now we are considering to separate SK E&C, just like SK Hynix.

We also value the land in Gangnam very much, and although we cannot take it all ourselves, we can definitely take a large share of it together with Seoul Real Estate."

“Yeah.” Welch agreed with Choi Jong-hyun’s vision.

"I know about the Hanjin and Kumho Asiana Group affairs. Sometimes, you have to be ruthless when you want to kill a tiger. You have to beat them to death with one blow and not give them any chances.

This is true in the business world, and in many other places as well."

If you have money, you must expand. In recent years, because of its relationship with the Far East Group, SK Group is definitely the fastest growing and most profitable company in South Korea.

With a large amount of capital in hand, SK began to expand into the insurance and transportation industries.

The insurance business is easy to deal with. There are many insurance companies in South Korea and any company that wants to set up one can do so.

With the capital injection and support from AIA, SK Insurance quickly established a foothold in South Korea.

But the transportation industry is different. Sea transportation is dominated by Hanjin, while land transportation is simple but does not quench your thirst.

South Korea is such a small country. Even if it becomes the best in land transportation in the country, it can't become a chaebol. At most, it can be regarded as a wealthy family.

Maybe it was like a pillow when you’re sleepy. Coincidentally, the government called for the establishment of a second airline, and SK naturally wanted to take this spot.

But its competitors Kumho Asiana Group and South Korea's transportation giant Hanjin do not think so.

Needless to say, its competitor Kumho Asiana Group was the biggest competitor. How could Hanjin, the transportation giant that owns Korean Air, be willing to let this ferocious tiger break into its paradise? So the two companies set a trap for SK Group on Chun Doo-hwan.

Although SK finally won the license for the second airline because of Choi Jong-hyun's generous gift and Luo Nianzhong's face, it did not take any retaliatory measures against the two companies.

Even the newly established Asian Airlines' six aircraft are leased, and it does not show any intention of targeting Korean Air.

"I understand. I'm just in a trial run now. Once I understand the airline's business, I will give Korean Air a big surprise and make them unable to sleep."

“It seems that you already have a plan, so I won’t say anything.

I have to go to Pohang Iron and Steel later. I have time tomorrow morning, so let's have lunch together at noon."

Choi Jong-hyun nodded readily and said, "No problem, I won't bother you today."

Without any delay, Cui's father and son left the hotel with Welch's farewell.

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