People in the Republic of China era began to rise from industry.

Chapter 92 The Horn of the Counterattack on Jinling

Carrier left with a thoughtful and dejected look on his face.

Lin Yi only gave the translator one instruction for the rest: to contact Fengyun Investment's legal counsel to follow up on the matter.

As for whether Carrier can rise from the ashes and make a comeback after this incident, he was not very optimistic.

Having missed the opportunity to get rich quickly in the air conditioning market, even if Carrier achieves some success in the future, it will never become a very large company.

Unless, he can stand on a new trend and ride the wave of opportunity.

However, as capital becomes more concentrated, opportunities increasingly favor those who control capital.

This is also the inherent logic behind the tendency for social classes to become more rigid.

In short, in this era where industrial technology has already laid a foundation, but is advancing rapidly in scale, Carrier's chances of breaking through social classes will only become increasingly slim with the passage of time.

Unless he survives to see the next wave of wealth creation, the internet age, and keeps up with the times.

Or perhaps they could leave the US and seek opportunities in a less developed market like China…

Having settled this minor matter, Lin Yi finally had two days of free time.

Then the previous short-buying contracts expired one after another.

After several busy days, I finally managed to settle all the contracts.

Sothink's stock performance has been quite good.

Compared to his initial purchase price, the stock price fluctuated, and the final decline stabilized at 55%.

After paying all the fees, the principal and interest totaled 120 million US dollars.

Adding the previous 65 million, and deducting the 40 million cost, the total profit is 145 million.

After deducting the 18 million in profits to be paid to Sheng Aiyi and her drinking buddies, Lin Yi netted 127 million US dollars.

Converted into legal tender, it would amount to nearly 318 million.

Yes, in just one month, the exchange rate of the Chinese yuan against the US dollar has dropped slightly.

He probably made nearly 700,000 yuan without lifting a finger from this.

Such a large profit in just one month is something that is impossible to achieve in any real business.

This clearly demonstrates the allure of finance.

If the government does not provide guidance, the hollowing out of industry is only a matter of time.

"What does Miss Seven plan to do with this money?"

The seven checks totaled 48 million. Lin Yi casually placed them on the coffee table and looked at Sheng Aiyi, asking her a question.

For the initial principal, Sheng Aiyi had used a large portion of her gold savings in the United States.

Lin Yi guessed that she would probably save some more money to guard against potential risks in China.

If that's the case, he plans to suggest that Sheng Aiyi continue to exchange for gold.

The depreciation of the US dollar is a continuous downward process, while the price of gold, although it may fluctuate, is generally gradually rising.

He didn't know when Sheng Aiyi would use this risk-averse fund, or how many years it could be stored.

However, if you exchange it for gold, it won't depreciate in value.

Sheng Aiyi didn't rush to speak, but gently stroked the Persian cat in her arms, which she had just bought a few days ago.

After a moment, he asked, "What are you planning to do next?"

"Go back to China."

The matter in the United States has temporarily come to an end.

The sexual assault scandal involving a Missouri DP Senate candidate has recently escalated.

It's highly likely that Harry Truman will take over the position without any surprises.

As for the acquisition of Standard Oil, progress is currently slow.

The state legislature has yet to finalize a sale plan.

Those who know, know; it's nothing more than a compromise and negotiation among various stakeholders.

Currently, Lin Yi's abilities are limited, and even if he stays, he cannot push this matter forward.

All we can do is wait quietly for the results and see how big a slice of the pie we'll get.

There were still some things back home that he needed to go back to arrange and resolve, so he decided to hurry up and board the ship back to China.

Sheng Aiyi paused, stroking the cat's fur, and gave him a sharp glare.

This guy is a master at playing dumb.

She simply asked directly, "I mean, what other investments do you have planned?"

"Hehe, Miss Seven, would you say you've tasted the sweetness and now crave more?"

Sheng Aiyi blushed, and Meng Qianyu, who was holding a chess manual and fiddling with the chessboard, also paused in her movements.

The word is a good word.

However, using this term between men and women is somewhat presumptuous.

As she thought about it, a faint smile appeared on her lips.

As her husband, no one knows better than Sheng Aiyi about the changes she has undergone during this period.

She didn't feel jealous at all.

The affair between the two women was already unacceptable to society.

She was mentally prepared for the Seventh Miss to suddenly get married one day.

After a moment of silence, Sheng Aiyi almost gritted her teeth and said, "I'm a businesswoman too. What's wrong with thinking about making money?"

"It's only natural."

Lin Yi nodded, "However, Miss Seven, since you admit that you are a businesswoman, you should understand that such easy money is a rare and precious opportunity."

"These two times, we've really struck gold."

"I welcome your continued cooperation with me, but I can no longer guarantee you 50% of the profits."

"It's even possible to lose money."

"Of course I know."

"Tell me what you plan to do first, and whether or not I want to continue cooperating with you. I will be able to make my own judgment."

Hearing her say that, Lin Yi nodded.

If that's the case, then continuing the cooperation shouldn't be a problem.

Even disregarding the principal, the Sheng family's influence in China is still quite valuable.

"Right now, I'm only considering one thing."

"After we go back, we will establish a textile industry association, which will mainly focus on two areas of business."

"The first step is to help those small-scale textile factories that are struggling to operate."

"The second part is to set up an import and export company to manage the import of textile raw materials and the export of finished products."

Sheng Aiyi was taken aback at first, then her eyes widened: "Textile exports?"

She maintains frequent contact with people in China, but her focus is limited to her own businesses.

My mind is also on this.

I don't know much about the changes in the domestic textile industry.

My current impression is still that Fenghua Textile Equipment Factory was rising to prominence.

In this respect, Lin Yi's level is much higher than hers.

While Sheng Aiyi was still tending to her own small plot of land, Mr. Lin had already set his sights on the world.

"Yes, according to domestic statistics, production costs have generally decreased by nearly 20 percent after using Fenghua Textile's production line."

"Let's summarize our experience, develop an optimal production process, and continue to expand the scale. Improving by another five percentage points is entirely possible."

"Does Miss Seven know what this means?"

Sheng Aiyi continued with a sharp look: "I'm not stupid, of course the cost will be greatly reduced."

Lin Yi chuckled: "We have cost advantages and economies of scale, so exporting is perfectly reasonable."

Sheng Aiyi pouted: "You're right, but have you considered that expanding production scale also means that China needs to increase its imports of raw materials at the same time?"

“These foreign businesses have already tasted the benefits of raising raw material taxes before. If they repeat the same trick, your so-called price advantage will disappear.”

Hearing this, Lin Yi chuckled: "Of course I've thought about it."

"That's why we need to form an association. As long as we all work together, we can negotiate with the government and not only refuse to raise taxes, but also demand that they lower the previous import tax rates."

During his time abroad, Fenghua Metallurgical Plant was completely shut down.

Even Fan Zhongxu fled to Sichuan Province to set up a new factory.

He's not the type to just take a beating without fighting back.

Using textile exports as a pretext, it was time for him to sound the horn of counterattack...

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like