Lin Sanqi continued to complain:
“In addition, everyone should know that we at Lingnan Hall mainly sell ginseng, cordyceps, and tea. The main market for these commodities and medicinal materials is in China, and we only export a small amount.
So if the leaders ask for a few hundred million dollars, I can probably scrape together some money or borrow it. But $5 billion is absolutely out of the question for us at Lingnan Hall. Nor is it possible for foreign banks to lend us such a large sum.
Lin Sanqi has made up his mind that he will never disclose the money in his overseas account. This is his life-saving money and his final bottom line.
He was also prepared to leave and immigrate at any time if his personal safety was insecure in the country or he was suppressed by other capitals.
If you have money, you are the boss wherever you go. If you don’t have money, you can’t even get a place to stay if you beg in New York.
Lin Sanqi's foreign exchange is not obtained from the company's own industry.
Almost all of his foreign exchange came from antique auctions, and the antiques he chose were from Sotheby's, a foreign company.
Therefore, the country has no idea how many antiques Lin Sanqi sold and how much money he earned. In any case, it is clear that Lin Sanqi did not have any US dollars.
Huang Jinpeng was not in a hurry. As long as he had RMB as a guarantee for this business, Xi'an Aircraft Industry Group could not use the foreign exchange even if it was received.
"Mr. Lin, you're going to sell these planes to foreigners. That way, you'll have foreign exchange. We trust you anyway, so you can just take the planes first and pay later, haha."
Lin Sanqi choked and thought to himself, you guys are quite thoughtful.
"Well, Mr. Huang, we have to get the money first. Think about it, our country has sold so many things to Africa, but when have they ever happily exchanged money for goods?
If you insist on US dollars, that's fine, but you have to wait until I get paid for the goods. As for when I will get paid, only the gorillas on the African grasslands know.
What's the biggest fear in business? They're not afraid of you being a deadbeat. That way, it's easier to get things done.
They will lock you up, confiscate all your assets, and force your family to hand over all the money and sell the company for 1 yuan. Otherwise, they will not release you and will not guarantee your personal safety in prison.
The most feared thing in doing business is triangular debt. I owe you, you owe me, forming a vicious cycle.
The problem of triangular debts in our country was very serious in the 1990s. It took several years to resolve this serious situation. Otherwise, the national economy would not have been able to develop.
Xi'an Aircraft Industry Group had experienced the era of triangular debts, so it naturally understood that what Lin Sanqi said was true, so it also began to worry.
Yan Guixiang was somewhat unconvinced and asked:
"Director Lin, since you clearly know that this foreign trade business might go bad and you won't get paid for it, why are you still taking the risk and funding this business?"
General Manager Yan almost asked, "Are you, Lin Sanqi, stupid? Or just plain evil?"
This Lin Sanqi can also be explained:
"Ah, you two leaders don't understand this. You can't get the money, but you can get other things.
Let me tell you, when doing business with Africans, they actually prefer bartering.
For example, from a national perspective, what should we do if we export a batch of supplies to them and the other party is unable to pay?
If they mortgage a copper mine today and give you an oil field tomorrow, that's the deal, right?"
Huang Jinpeng and Yan Guixiang nodded unconsciously. African countries really have no money and rely on selling mineral resources to survive.
Lin Sanqi continued to deceive:
“The same applies to our business dealings with Africans.
Many people wonder where we in Lingnan Hall get so many rare and exotic materials. In fact, many of them are exchanged from Africa, and this is where our profit comes from.
As for why there are so many Chinese supplies in Africa?
Well, I guess most of them are gifts or support we gave them back then, and now they are just flowing back."
Section Chief Song, who had always been a transparent person, twitched his brows and thought that this explanation was somewhat reasonable.
This also explains why Lingnan Hall did not receive any payment for the machine tools and generators it exported. Excluding the possibility that Lin Sanqi was transferring funds, it is indeed possible that they were bartering.
As for how the aid to Africa resulted in so many jades, teas, ginseng and so on, who can explain it?
For example, there was a small country called Albania. After the people of this small country came to our country, they took whatever they wanted.
We imported a lot of food, and when they took a fancy to it, they simply turned the ships around and sent it to their country without any hesitation.
It's not just food, but also fertilizers, cloth, cement, industrial equipment, and even military equipment. They want whatever we have.
Once, my country had just imported a batch of alloys from abroad for use in military production, and this Albanian took a fancy to it and asked for it directly, saying that he would use it for aluminum alloy doors and windows.
So when we faced some countries with no bottom line, they wanted to take so many supplies from our country. They were really diverse and complete, even if we didn't need them.
A huge amount of stuff flowed out back then.
Huang Jinpeng and Yan Guixiang were worried now:
"What should we do? The boss specifically requested that 50% of the settlement be in foreign currency. This, this..."
Lin Sanqi comforted:
"How about this? You guys talk to your boss and tell him I can only give you $500 million, and I'll have to take out a loan for even that. The rest will be in RMB, but I can increase the amount by 10% on top of the original amount. How about that?"
More than 50 billion, a 10% increase means an additional 5 billion.
Huang Jinpeng's eyes lit up when he heard this: "That's fine, that's fine."
Section Chief Song sneered, thinking that this Lin Sanqi was really generous, throwing away billions like that and would never give up US dollars.
But they didn't know that even if Lin Sanqi's price rose by 10%, he would still make a profit.
Because if you exchange RMB into US dollars through certain channels, the intermediary fee is as high as about 30%, and you still make a profit of 20% in the end.
The two parties have preliminarily agreed on the transaction amount and transaction method, and the next step is for the two groups' respective teams to have detailed discussions.
The results of the negotiations need to be reported to the relevant departments and wait for approval before the transaction can be truly implemented.
After all, such a large sum of money, involving arms, is not something that can be decided by one or two people.
A week later, at a military airport in the west.
Lin Sanqi sat under an awning, holding a telescope, watching from afar an airplane in the sky performing a training show.
For a layman like Lin Sanqi, all he saw was the plane flying high, then low, now flying straight, now flying diagonally, and occasionally making a few circles in the air.
Boss Lin thought, if you have the ability, just reverse the car. What's the point of flying forward?
Backing up, please pay attention. Backing up, please pay attention.
Of course, he was just joking in his mind. If he really said it out loud, he would definitely be beaten to death by the green army officers next to him. There were many colonels and officers at the scene, including several with two bars and four stars.
Lin Sanqi looked at the officers beside him and felt quite regretful.
I really want to take out my own "55" type military uniform. That majestic and awe-inspiring uniform is absolutely ancestral level, with more than ten medals hanging on the chest. It can scare these modern colonels and lieutenants to death.
Huang Jinpeng was unaware that Boss Lin was distracted and was busy explaining:
"Look, Director Lin, this kind of somersault performed on an inclined plane is called an oblique somersault.
It is one of the basic training subjects for fighter pilots and is also an indicator used to measure the maneuverability of an aircraft. The J-7 can perform this maneuver with ease.
This action is called turning, which is a common maneuver used by fighter jets in air combat. It is mainly used to get rid of the enemy aircraft's tracking or maintain one's own advantage in a dogfight.
When turning, the greater the angle between the aircraft's wings and the ground, the smaller the turning radius, which is beneficial to you.
But at the same time, the aircraft and pilot will be subjected to greater G-forces, which reflects the flexibility of the J-7 aircraft."
Lin Sanqi listened carefully, nodding his head in agreement from time to time, but he actually felt very guilty because he was not really a military fan.
Today's drill is specifically for Boss Lin Sanqi.
First the J-7 aircraft appeared, followed by the Z-8 helicopter's performance. As for the bombers and transport planes, there was no need for them to perform, they just stayed there quietly for people to watch.
On the other side of Lin Sanqi was Commander Hu from an Air Force unit.
Teacher Hu also enthusiastically introduced:
"In fact, the J-7 fighter jet still has a certain combat capability. It is not completely eliminated as everyone thinks. For example, our neighbors in Dandong are particularly interested in our J-7 aircraft."
Lin Sanqi was a little surprised, thinking that the fat guy actually had the same vision as him? (End of this chapter)
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