"I didn't do anything; it was all thanks to everyone." Annie blushed, showing a rare moment of shyness.
Chen Dong noticed their expressions and smiled, "As long as we work together, there are no difficulties in front of us. Now that things have come to this, I'll explain why we're switching to domestic sales."
Seeing everyone listening attentively, Chen Dong continued, "Because the domestic economy is not integrated into the global economy, there are some things you don't fully understand. Take the recent currency crisis in the Southeast Asian market, for example. Its impact is far-reaching and may further exacerbate the formation of the Asian financial crisis. The real economy in many surrounding countries and regions will suffer devastating blows."
Annie glanced at Chen Dong in surprise. Although she knew about what had happened with the Thai baht recently, she hadn't thought about it that deeply, let alone realized that the collapse of the Thai baht would lead to such a large-scale event.
Hua Zi, Lin Zhiyuan, Wang An, and the others looked like obedient children. Every word Chen Dong said was something they had never heard of or seen before, as if a new world had been opened up for them.
It turns out that there is such a thing as a financial crisis in this world. What's even more frightening is that when the Asian financial crisis hit, their first thought was whether their own country would be affected.
"You don't need to worry about it affecting the country. As I just said, although it is happening in Asia, the impact on us is very small. The reason is that the domestic financial system is not yet in line with the world."
"Oh, I see!" Everyone suddenly realized. Wang An then asked, "Boss, that's why you want to switch the products to domestic sales."
“No, it’s not just that.” Chen Dong nodded, then shook his head, explaining, “You’ve all seen the sanctions imposed on my company by the West, and that played a significant role in my decision.”
"Our products have the best performance, quality, and price-performance ratio. But why can't our products sell for a good price elsewhere? There are many reasons. Let me briefly mention a few. First, due to the smear campaign by some Western media, China is portrayed as poor, technologically backward, and with outdated equipment. Most of the equipment used is from the Russian era, which is old, outdated, and cumbersome. In the face of the demands of this precision market, it is difficult to be competitive."
"Secondly, the improvement in the domestic economy is a recent phenomenon. Before joining the WTO, our products faced more restrictions in the after-sales and sales processes compared to products from other countries or regions."
"Third, and most importantly, some people believe that the rise of China will become a threat to them, and suppressing our products has become a topic they need to study every day."
"As for the rest, you all know very well without me saying it. Before we gain market recognition, we have to reduce our profit margins in order to sell our products. But have you ever thought about it? If a company doesn't make a profit, how can it have new funds to develop higher-end products? In the long run, it will eventually be eliminated by the market."
Chen Dong's words struck like a bolt from the blue, leaving the group stunned.
They never imagined there was such a complex relationship involved, nor did they ever think of investing a large portion of their profits in research and development to create a virtuous cycle for the product.
And this young man in front of me, who is only in his twenties, actually thinks so far ahead and so clearly.
At that moment, Wang An was convinced, Hua Zi was convinced, and Lin Zhiyuan sincerely admired his brother-in-law. Annie, on the other hand, looked at Chen Dong with stars in her eyes.
This was her man, and she was proud to have such a man. All the grievances she had suffered during this time vanished without a trace after just a few words from Chen Dong.
...
Two days later.
Under Secretary Wang's arrangement, Chen Dong met with Elder Lin.
Old Lin was still as vigorous as before, but upon closer inspection, one could see from his wrinkled skin that he had truly aged.
"Old Lin, how have you been lately? You look radiant, truly a picture of health and vitality for your age," Chen Dong said with a smile, pouring Old Lin a cup of freshly brewed gongfu tea and flattering him.
Chen Dong had the utmost respect for these elderly people who had lived through the war years; they had dedicated their lives to the country and its people. Even now, at over eighty years old, Old Lin was still working tirelessly for the nation.
"You little rascal, with that mouth of yours, hahaha..." Old Lin laughed heartily. Seeing Chen Dong made him feel exceptionally good, which also meant that Chen Dong's part was nearing completion.
"Alright, kid, don't try to fool me. The fact that you're here today means you must have heard about what's been happening in China lately." Chen Dong nodded, tacitly agreeing with Old Lin's words.
Besides clarifying Ah Hu's matter, he also came to discuss the final plan with Elder Lin.
"Since you already know, now it's up to you to decide. As I said before, as long as it's legitimate and reasonable, I will consider it."
Upon hearing this, Chen Dong smiled and said, "Old Lin, the way you're talking makes it sound like I would try to extort you."
“Isn’t that right? I know what you’ve been doing with the Thai baht.” Old Lin picked up his teacup, took a sip, and continued, “Now tell me about your specific plans.”
"Yes, I am well aware that this food crisis is mainly aimed at me. I plan to resolve the food crisis completely from two aspects and prevent future problems."
Then, Chen Dong told Old Lin about his plan without reservation. Even Old Lin, who was very knowledgeable, couldn't help but gasp at the sight of this plan.
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