As soon as Hu Zhenhua returned to the office, Carter asked him,

"Where have you been these past two days? The situation is urgent, and you still have the mind to mess around!"

Not only Carter was anxious, but even representatives of Western capital such as Descartes and Morris were extremely anxious.

Hu Zhenhua didn't care. Everything else was empty talk, only technological progress was real. There were so many good things in the machinery factory, such as steam turbines and turbojet engines, which were all important national equipment. Old Hu accidentally spent a few more days strolling around.

"Sorry! Sorry to have kept you all waiting!"

Seeing Hu Zhenhua's sincere attitude, Carter stopped nagging him and said anxiously,

"Something might happen in the industrial zone!"

Hu Zhenhua frowned and asked in confusion,

"Is there something fishy going on in the US again?"

Carter handed a document to Lao Hu and said,

"The problem this time isn't us, it's the polar bears. They're accusing the reds of flirting with imperialism!"

Hu Zhenhua was shocked and quickly grabbed the document to read it.

In fact, as early as June 6th, the Red faction published an article titled "On the People's Democratic Dictatorship," explicitly declaring that "internationally, we belong to the anti-imperialist front headed by the polar bears," and that the Chinese people "can only seek genuine friendly assistance from this side, not from the imperialist front." This statement marked the fundamental establishment of the "leaning to one side" foreign policy. This policy was subsequently incorporated into the Common Program of the Political Consultative Conference, which served as a provisional constitution, giving it greater authority and guidance.

The decision to adopt a "leaning to one side" foreign policy was based on a comprehensive consideration of multiple factors, including the international situation, safeguarding national development interests, and shared ideology. This policy played a significant role in helping the new people's regime gain international recognition, secure economic assistance, and safeguard national security.

In order to avoid diplomatic embarrassment, the United States issued a recall order to Ambassador Stuart on July 7, but Stuart still wanted to work hard and left sadly on August 2.

The last time Jiang Zhen went to Bao'an to meet Hu Zhenhua, he wanted to discuss the issue of the industrial zone, but the higher-ups suddenly sent an urgent telegram asking Jiang Zhen not to talk about this matter. The Red side took all the pressure alone.

After reading the document, Hu Zhenhua jumped up and cursed,

"That damn polar bear is going too far. I'm just running a small business, what the hell is his business?"

Lao Hu suddenly realized that he had indeed missed an important factor. He usually only thought about fooling the Americans, but he didn't expect that the variable came from another aspect.

Hu Zhenhua really has no idea what to do about polar bears. How can you fool them if you can't even reach them?

The easiest people to deal with in the world are those who have strong limbs but simple minds.

This is also the type of person who is the most difficult to deal with.

After a brief thought, Hu Zhenhua comforted her,

"Everyone, the more the Russians oppose something, the more we should do it. I plan to talk to Jiang Zhen first and test his attitude. Kicking us out may not be in their best interest."

Descartes was worried and expressed his concerns.

"Hu, the local people here also have opinions about us. They call me a pawn of imperialism!"

Hu Zhenhua's face darkened and he asked,

"Descartes, tell me the truth. Has there been any discrimination against Chinese workers in your factory? Has your factory withheld wages?"

Descartes was obviously a little lacking in confidence.

"No...no!"

Old Hu slammed the table and shouted,

"Descartes, I'm warning you. Keep a close eye on your executives. Don't let one bad apple spoil the whole bunch. If you end up implicating everyone, I'll have no choice but to ask you to leave the factory."

Morris and Descartes have been having a heated argument recently, so he quickly came to his aid.

"Hu, this is a cultural difference. Descartes is also trying to adapt to local customs. His management staff has made great progress."

Hu Zhenhua didn't want to make things too awkward, so he softened his expression and said,

"As long as you don't cause trouble, there won't be any major problems. No country or organization can ignore the United States, not even polar bears. We are private businessmen and don't get involved in politics. I hope you understand what I mean!"

Hu Zhenhua leaned forward, approached Carter, and said,

"Actually, you don't have to worry. Our factory is needed there. You see, the pressure from the polar bears hasn't been passed on to me. They also understand that you can't put all your eggs in one basket.

Carter nodded slightly.

"What you said makes sense."

When everyone heard this, they felt relieved. Their factory had just been established, and if they were kicked out, they would definitely suffer heavy losses.

Hu Zhenhua looked at them and smiled.

"Everyone, let's predict the future. I've said before that the worst-case scenario is that the industrial zone is blocked, so my steel mills and refineries have been stockpiling raw materials. What will happen if they are blocked?"

Descartes had heard Hu Zhenhua say this a long time ago, and replied,

“We can sell our products at a high price!”

Lao Hu gave him a teachable look and then proceeded to fool him.

"That's true, but you've overlooked the greatest benefit: the friendship we'll gain from the Red Army. Relations between nations are always driven by interests. Today's friends may become tomorrow's enemies, and similarly, today's enemies may become tomorrow's friends. As businessmen, we need to take a long-term view. Isn't such a huge market worth waiting for?"

Hu Zhenhua paused and continued,

"If anyone feels they can't afford this price, they can choose to move away or sell the factory to me!"

Jackson, the new head of Mifu Oil, asked,

"Even if we can sell at a high price, the other party may not have enough rice and dollars. How will we transfer our profits then?"

This guy asked the right question. Hu Zhenhua had already prepared a plan and answered,

"I have two options. The first is to have them settle the bill with physical goods like coal and soybeans. The second is to have them pay us back with labor-intensive OEM products. I've already chosen the location: Bao'an County, Guangdong Province. Gentlemen, labor here is incredibly cheap, only one-fifteenth of what it's like in the United States. We can transfer some of our labor-intensive industries there, such as textiles, clothing manufacturing, shoemaking, umbrellas, and other light industries. Using cheap labor to make money for us, wouldn't that be fantastic?"

Jackson blew out a puff of smoke and asked,

"Our company deals in oil and doesn't want to get involved in light industry."

Hu Zhenhua patted his chest and promised,

"We will form a unified alliance, led by TA Company, and then settle the funds owed by Red according to our respective funding ratios."

"Is that so?"

Jackson still shook his head.

"I don't know when I'll get the money back."

Seeing that he was about to quit, Hu Zhenhua did not force him and said with a smile,

"Isn't it said that the thing cowboys lack most is a spirit of adventure? Haha, it's okay. If you want to leave, you can transfer your shares to me. But I have one thing to make clear. I'll pay you back slowly."

Carter spoke up.

"Yorkson, what Hu just said is the worst-case scenario. It hasn't reached that stage yet."

The guy seemed very pessimistic and was still shaking his head.

"The situation you just described is based on the other party's reasonableness. I am very worried that the Hammer incident will occur."

When everyone heard this, their mood suddenly became heavy.

In 1920, the country was in the midst of a civil war. The Red Army and the White Army were fighting fiercely. On the other hand, there was foreign military interference and blockade outside the country, which brought the national economy to the brink of collapse. The people lived in poverty and their daily needs could not be guaranteed at all.

Hammer immediately realized this was a golden opportunity. Based on the current famine situation, Hammer concluded that polar bears' most pressing need was food. Coincidentally, the United States had a bumper harvest, and because there was too much grain to sell, prices plummeted to rock-bottom levels, making farmers unwilling to sell even if it meant burning it.

At that time, Hammer thought that he could exchange the food sold at a low price by the United States for other items from polar bears, so that he could make a lot of money.

He succeeds and earns the friendship of a polar bear, after which he acquires the right to mine asbestos and build a factory to produce pencils.

Hammer was a huge success.

This was supposed to be an inspirational story, but the way things turned out was sad.

After Uncle Steel came to power, he immediately changed his predecessor's attitude towards Western capital and launched a "buyout" plan.

Uncle Steel believed that, aside from some cutting-edge technologies that Polar Bear couldn't produce independently, all other areas could be developed independently. Therefore, he decided to "buy out" most foreign companies from Polar Bear, and Hammer's pencil empire would naturally be doomed.

However, Uncle Steel was not willing to simply pay the money and leave it at that. After valuing these foreign companies, he would only pay them in rubles, and would not allow them to exchange them for US dollars or gold.

This was undoubtedly a waste of money! Because at that time, the ruble was a currency that was completely controlled by the polar bears, and they could print as much as they wanted.

However, Uncle Steel also considered that if it went too far, there might be no foreign capital willing to invest in the future. So he offered a "favorable" plan: let Hammer and his team use the rubles they had on hand to purchase confiscated art from Tsarist Russian aristocrats.

Those things are not worth anything at all.

According to Hammer's later recollection, when he returned to the United States with a pile of artworks, his family's savings were almost gone. Even more shocking was that the actual value of these artworks was very low. For example, a set of silver cutlery used by the Tsar was sold for only 19.99 million yuan.

After this incident, Western capital regarded polar bears as an investment forbidden zone. Even decades later, businessmen from all over the world did not dare to invest and build factories there.

People are not opposed to doing business with polar bears, but are very reluctant to build factories there.

A country without credibility is bound to decline.

Hu Zhenhua looked at Jackson and said word by word,

"Your worries are totally unnecessary!"

"Why?"

"First, the Reds have a very good reputation. Second, they don't have the strength to overturn the table yet!"

Jackson was obviously convinced. He smiled and said,

“What cowboys lack the most is a spirit of adventure!”

……

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