It may seem like a loss, but in reality, it's only about 5%-7%. Anyway, the loss will be deducted from the 30% deposit. So, if Xing Baohua operates well, he can earn about 20%.
[This is the most comprehensive and user-friendly audiobook app I've used so far. It integrates four major speech synthesis engines, offers over 100 voice options, and even supports offline reading with a powerful source-switching tool. huanyuanapp.org source-switching app]
Let's do it, it's all a one-off deal anyway. No business is without cunning, no wealth is without swindling.
Thinking this through, Xing Baohua explained his plan to Yu Shenghai, outlining two requirements: due to insufficient production capacity, delivery could only be made next year, and a minimum deposit of 40% was required. Of course, knowing the Indian guy's nature, he would definitely push it up to 10%.
Xing Baohua's bottom line for Sheng Hai was that they could negotiate 30%, otherwise he would ignore them.
If they want to rip off the rice (a Chinese rice-selling company), they should carefully calculate whether throwing in a 30% deposit is worthwhile. In any case, they're the ones who suffer.
Once this point was settled, we let the third brother set the terms. When drafting the contract, we had to add a delivery time, which was to be within 15 days.
If the goods are not picked up within 15 days of arrival at the port, all losses will be deducted from 30%.
It's estimated that the Indians, being generous, won't care about this small request; their focus will be on the 30% deposit.
Whether he genuinely wanted the goods or not, Xing Baohua suffered no loss.
Yu Shenghai followed Xing Baohua's lead and met with his third brother.
When they came to report in the afternoon, I briefly mentioned that the Indian delegation was unhappy when they heard about the 40% deposit and wouldn't even give us a chance to negotiate.
However, one of the Indian government officials in their team requested a meeting with Xing Baohua.
Xing Baohua was taken aback. Why were there officials from the Imperial Secretariat here?
Isn't this just a one-off deal?
That's a bit strange! It's not like what Third Brother usually does!
Let's meet and see what tricks they're up to.
The meeting was scheduled for the afternoon of the next day. I had no idea what was going on until we started talking. It turned out this was a scheme to ruin Da Mi!
The other party first made it clear how huge the Indian market was and what the demand was, and painted a macro market prospect for Xing Baohua.
In order to get Xing Baohua to import and supply goods, it was suggested that he build branch factories and subsidiaries in places like India.
Upon hearing this, Xing Baohua immediately lost interest. No matter how eloquently you described it, or how cheap the labor was in India, he would never go there, not even in this life or the next.
Aside from your own people, every single major company in the world cheats you.
They were really good at this pig slaughtering scam!
They agree to all conditions upfront, making grand promises that sound incredibly appealing! But a few years later, they fatten the pig and then pull off a pig-butchering scam.
Look at Vodafone, what became of Lee's Hutchison Whampoa?
Vodafone was fined a total of $2.6 billion in taxes.
They took the case all the way to the Supreme Court of India, and after five years they were finally about to win. But then came their shameless and outrageous move: they swiftly amended the tax law.
A tax law was tailored specifically for Vodafone, allowing capital gains from the indirect transfer of assets within India to be traced back 50 years! Yes, that's right, even 50-year-old debts are included, raising the fine from $2.6 billion to $5.1 billion.
This tax law, tailor-made for Vodafone, also resulted in fines totaling $13.5 billion against more than a dozen multinational corporations in Europe and the United States.
This completely baffled the capitalists in Europe and America. Later, national governments in Europe and America stepped in and persuaded India to cancel the 50-year-old rule.
However, India's market environment has serious xenophobic issues. When it comes to exploiting foreign companies, India treats everyone equally, whether it's Microsoft, Nokia, Samsung, or Google, they all have to pay.
This led to Xiaomi's huge fine: first 500 million yuan, then 4.7 billion yuan confiscated, equivalent to working for free in India for 10 years.
That's why Indiana has earned the reputation of being a slaughterhouse. Their motto is: making money in India is fine, but taking it out of India is absolutely unacceptable.
Continue read on readnovelmtl.com
