Dreaming back to 1949, the great powers were there to deceive us

The sudden change forced Huang Bingkun to change his strategy.

According to the chairman's instructions before I came, I first took out 10 million US dollars to buy a three-month ship ticket insurance. If no war broke out at the end of the period, the insurance company would pay the full amount.

After this incident, TA Insurance will surely gain a lot of reputation, and then launch the second phase of six-month ship ticket insurance, which will surely bring in a lot of insured funds!

But plans cannot keep up with changes!

TA Insurance employees were deceived and beaten. If they don’t seek justice, they will be sorry to the board of directors and the employees who were beaten.

Seeking justice means coming into conflict with local dignitaries, which is extremely detrimental to TA's insurance business development.

After a brief thought, Huang Bingkun decided to investigate first. Although he had done a lot of preparatory work before coming, those were written materials after all. He still had to experience the specific situation in person.

Huang Bingkun changed out of his expensive suit and walked near the pier.

Busan is located in a mountainous area facing the sea, with little flat land. Most houses are built on slopes. Due to the relatively backward urban development, the roads are in disrepair and dusty.

Huang Bingkun had been walking for less than half an hour when he discovered that although there was a running water pipe, some residents were still carrying buckets to draw water from the well, and there were quite a few people queuing up.

This is a city, which means the supply of tap water is seriously insufficient.

Moreover, there are very few electrical wires on the streets, and there are not even street lights on the roads, which shows that the power supply is insufficient!

On the streets, patrol police are taking bribes and extorting money without even a shred of shame, and small vendors dare not speak out.

Huang Bingkun turned around and suddenly found a few thugs beating a young man. He wanted to stop them, but the thugs pointed their bloody sticks at him and warned him,

"We are the Bone Group, you'd better mind your own business!"

Huang Bingkun stopped decisively.

The White Bone Corps and the Poison Bee Squad were tools of the authorities in the political struggle. They fought for Syngman Rhee and ensured the implementation of his political decisions through threats of violence. However, the White Bone Corps was less involved in the military and economic fields.

When it comes to South Korea’s internal affairs, Huang Bingkun certainly cannot interfere.

Shao Chun pulled Huang Bingkun into the car and persuaded him,

"Boss, this damn place is as dark as the Magic City of 48. To solve the financial problem, they've been desperately printing money. Inflation is terrible here. From the liberation of 100 to now, the currency has depreciated over times! Fortunately, rice and yuan are allowed to circulate here, otherwise we really wouldn't be able to play!"

Huang Bingkun nodded slightly. South Korea certainly had to allow the circulation of US dollars. Although the US military withdrew at the end of June, they still left behind hundreds of advisors, whose influence was still significant. Besides, without US aid, the South Korean government would surely collapse!

Huang Bingkun was feeling a little depressed and said,

"This place has no money, no resources, and has been colonized by Japan for decades, plundering the people's wealth. Aside from the textile industry, the industrial sector is almost completely blank. How much money can a farmer have? If we want to promote ship ticket insurance, I'm afraid we'll have to take an unconventional approach!"

There is a reason why South Korea is poor.

From a historical perspective, during the 35-year period of Japanese colonization, the economic structure of the Korean Peninsula was distorted. The south was dominated by agriculture and had a weak industrial base. Most mineral resources and heavy industries were concentrated in the north. After independence, South Korea lacked sufficient industrial facilities and technological accumulation.

Moreover, during the war, a large number of laborers were conscripted and agricultural and industrial production were severely damaged. After the war, South Korea faced many problems such as damaged infrastructure, shortage of materials, and inflation, and its economic order fell into chaos.

From an international perspective, the Korean Peninsula is at the forefront of the Cold War, with a tense confrontation between the North and the South. The unstable international situation makes it difficult for South Korea to attract foreign investment and technology, while also increasing the uncertainty and risks of domestic economic development.

Against the backdrop of the Cold War, South Korea's trade with socialist countries was greatly restricted, while its trade with Western countries faced fierce competition and trade barriers. The narrow international market restricted the export of its goods and the outward-oriented development of its economy.

To put it in one sentence, it is difficult to get out of poverty and bad water.

Politically, South Korea didn't escape colonial rule on its own, so there aren't any strong political parties in the country. After the US military occupied South Korea, they established a military government based on their own interests. This neglect of other political forces led to frequent unrest and protests from the opposition. To maintain rule, the authorities brutally suppressed the democratic movement, even perpetrating several massacres, including the Jeju Island Massacre, which killed over 3 people.

This fierce political struggle continued to occur over the next few decades.

After two days of research, Huang Bingkun felt a chill in his heart. According to his calculations, South Korea's per capita annual income was no more than 20 million yuan, roughly the same as China's at the time. Remember, China had been engaged in a civil war for several years, while South Korea had nominally been at peace for four years.

Japan, which was separated by a sea, was reduced to ruins during the war, but its per capita income had reached 180 million yuan.

Huang Bingkun cursed in his heart: Useless piece of trash!

No matter how much you curse, the problem must be solved.

After discussion, we decided to change the boat ticket insurance to wealth insurance. South Korea may not have money, but it has land. To help the people of South Korea escape poverty and become prosperous, we can accept your land insurance.

Two days later, Huang Bingkun met with Busan Mayor Kim Yong-nam under the introduction of US Consul Morris, and was accompanied by Chu Qiwen, manager of Kangtai Foods.

As soon as I got out of the car, Moshili reminded me,

"Gentlemen, when you see Jin later, just ask for anything you want. Don't smile at him or be polite to him!"

Although Huang Bingkun and Chu Qiwen didn't understand, they nodded slightly.

Jin Yongnan had already led the city government officials to greet them at the door. When he saw Moshili, he first bowed 90 degrees, then bent over and shook Moshili's hand, smiling as brightly as a flower.

"Mr. Consul, your presence is a real honor to our humble home! Welcome, welcome!"

This guy waved his hand, and two flower girls, a boy and a girl, came forward and handed over flowers. There was even a seven-piece band prepared nearby.

Huang Bingkun widened his eyes, feeling that he had learned a lot. This scene was like the visit of the head of state.

It was a real expense to be able to get flowers in such freezing weather with temperatures several degrees below zero.

After greeting the visitors one by one, Moshili said expressionlessly,

"I'm here today for two reasons. One is to address the bullying of our citizens at the city government, and the other is to introduce you to two investors!"

Just as Jin Yongnan was about to speak, two people suddenly jumped out from behind Moshili, pointing at a greasy-haired and powdered guy next to Jin Yongnan and shouting,

"It's him! He's the one who deceived us and threw us into the police station and beat us up!"

Jin Yongnan's face turned green, and he quickly signaled his assistant to warn the reporter not to write nonsense.

The young man being accused was none other than the mayor's brother-in-law, Park De Meng. There was no doubt that this guy had gotten into trouble again, and it was the Americans he had offended!

This time I hit a wall.