Reborn in 1984: Starting with the Development of Chinese Character Cards, Chapter 194: Wujiang Faces Crisis. "It's going to rain, and a mother is going to remarry." Zhao Ye studied Su for a moment; since Su was going to fall, he might as well do something for himself.
Zhao Ye decisively intensified his efforts to recruit people in Jiangsu.
It must be said that Wujiang Group's cultivation of a "good guy" image in the Soviet Union will play a very good role in poaching talent.
The West would only try to exploit it, but the Wujiang Group extended a helping hand. Although it did not have a great effect, it won the favor of many Soviets.
In addition, Zhao Ye had people publicize the "good deeds" of the Wujiang Group in the Soviet Union, which gave many Soviets a very good impression of the Wujiang Group.
“Alas, the Soviet Union is about to collapse. At that time, the United States will turn its attention to China. Wujiang Group has been in a comfortable environment for too long. It should be time to meet the challenge!” Zhao Ye said in a deep voice. Although he knew that the future was fraught with difficulties, he was not afraid.
Zhao Ye glanced at the newspaper on the table again, which reported that Japan's real estate bubble had recently burst and stock prices had plummeted.
...
Seibu Group.
Ti Yiming stared blankly at the computer screen, his eyes glazed over.
"How could this happen? How could this happen?" Ti Yiming kept muttering to himself, his expression full of disbelief.
Japanese housing prices plummeted like an avalanche.
International investors fled Japan, further exacerbating the country's economic crisis.
Yoshiaki Takagi, once Japan's richest man, suddenly saw his net worth plummet.
Seibu Group has a high debt ratio, and Yoshiaki Takagi has no choice but to try to sell assets to save the company. However, in the current environment, who would still buy Japanese real estate?
Suddenly, Ti Yiming couldn't help but think that Wanjiang Real Estate Company would be able to withdraw from the Japanese real estate industry in just over a year.
"Did Wujiang Group foresee the timing of the bursting of Japan's real estate bubble?"
Ti Yiming regretted it too late. He was smug at the time, thinking he had gotten a great deal as the one who took the fall, but little did he know that he had swallowed poison.
Actually, the Seibu Group wasn't in such a bad situation in its previous life, but it ended up becoming the scapegoat for Wanjiang Real Estate, which has now brought the Seibu Group to the brink of bankruptcy.
The bursting of the real estate bubble caused a sharp drop in Japanese stock prices, severely impacting the Japanese economy and all sectors.
Japan's economy has fallen into a vicious cycle known as the "lost 20 years"!
Bang!!!
Things occasionally fall from Tokyo's skyscrapers, creating horrific scenes.
Real estate companies went bankrupt, banks went bankrupt, factories went bankrupt, and unemployment in Japan skyrocketed. Many people had borrowed money to speculate in real estate, but now, many can't repay their loans and have simply died.
With so many bad and non-performing loans, if the Bank of Japan doesn't collapse, who will?
Back in the 1980s, Japanese bank tellers were constantly urging people to take out loans; the more you borrowed, the happier the bank was. Now, the banks are reaping the consequences.
Zhao Ye licked his lips a little embarrassedly, thinking to himself that Japan's economic crisis was much more severe than in his previous life, probably because of the existence of Wanjiang Real Estate, which made the Japanese real estate market even more frenzied.
As the saying goes, "the higher you stand, the harder you fall," and this is largely true of the situation in Japan.
Zhao Ye thought about it again and realized that he had already been very conscientious by not taking the opportunity to short the Japanese stock market. Wanjiang Real Estate Company had left the market about a year in advance, so the bursting of the Japanese real estate bubble was not his fault.
Currently, many Japanese companies are going bankrupt and employees are losing their jobs, which is exactly the opportunity for Wujiang Group.
Some of Japan's high-quality resources are still very valuable, so it's a good time to buy them at rock-bottom prices.
In addition, there are many talented people from Japan.
Although Zhao Ye had some prejudice against Japanese people who were doing well, he believed that "Mount Tai does not refuse any soil, so it can become great; rivers and seas do not discriminate against small streams, so they can become deep." For the sake of the company's development, Zhao Ye believed that it was necessary to recruit Japanese talent for his own use.
The bursting of Japan's real estate bubble has left many people in China feeling regretful.
Industry insiders have to admire Zhao Ye's foresight in managing to extricate himself from the situation so quickly.
Back in Hong Kong, Li Ka-shing and the others exchanged bewildered glances as they talked about this.
"Back then, I laughed at Wanjiang Real Estate for being unwise in abandoning Tokyo properties at relatively low prices. But now it seems they were incredibly insightful and had long predicted that the Japanese real estate bubble would burst!"
"Yes, Zhao Ye's control and judgment of the situation are simply amazing!"
"..."
Li Ka-shing's gaze was fixed on the north. Hong Kong's land area was very small, and its real estate development potential was limited. In contrast, the mainland was vast and rich in resources, with a large population, making it the best choice for developing the real estate market with enormous potential.
Li Ka-shing was amazed by Wujiang Group's Lujiazui redevelopment project, but at the same time, it also made him realize the development potential of Shanghai Pudong's real estate industry.
Unfortunately, the area surrounding Lujiazui has already been bought up by Wujiang Group. It's said that Wujiang Group plans to build large apartment buildings in the Lujiazui area, primarily for its employees to live in at low prices…
Li Jiacheng shook his head. If it were him, he would develop high-density housing, and make a fortune whether it was for rent or for sale.
Currently, Li Ka-shing and others can only develop real estate in other areas of Pudong, but overall, it is far less successful than Wanjiang Real Estate's development in China.
However, Wanjiang Real Estate did not accumulate much land in mainland China, which made Li Ka-shing somewhat contemptuous and amused.
With the backing of Wujiang Group, Wanjiang Real Estate can easily acquire land in mainland China.
Li Jiacheng sighed slightly, feeling that Wanjiang Real Estate was wasting its potential. If he had such connections, he would definitely be buying land on the mainland like crazy, and make a fortune when land prices rise in the future.
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