Two cargo ships carrying cotton yarn from the United States were about to arrive in Shanghai.
He used the commercial radio on the ship to send the current coordinates and estimated arrival time to the telegraph company in Shanghai.
Shen Yutang has been keeping an eye on the movements of the two American freighters recently. Every day, he would disguise himself and go to the telegraph company to check if there were any telegrams of his own.
Seeing that a cargo ship loaded with American cotton yarn would arrive in Shanghai in two days, Shen Yutang made plans for a decisive battle with the Cotton Textile Chamber of Commerce.
At this time, the supply of cotton yarn on the Shanghai market was almost completely monopolized by Tokugawa Sosuke and others.
Seeing that they could hardly buy large quantities of cotton yarn on the market, they began their monopoly price-raising behavior.
Within a day or two, the price of cotton yarn in Shanghai quickly rose from 6,500 yen per piece to 8,000 yen per piece.
According to the plan of some big Japanese businessmen in the Cotton Yarn Chamber of Commerce, this price is enough to slowly sell all the goods in their hands to the "Fujiwara Corporation"!
At such a high price, they cashed out and transferred all the risks to Fujiwara Corporation, while they made a huge profit and pocketed the profits directly.
As for if the price of cotton yarn continues to rise to 10,000 yen in the future, they will also get the meat and only give Fujiwara Corporation some soup.
With prices three to five times higher than before, if there is any disturbance, such as a large influx of foreign cotton yarn causing a price plunge, the one who will bear the losses is this "Fujiwara Corporation"!
Compared to Tokugawa Sosuke's idea of raising the price of cotton yarn to 10,000 yen per piece and then slowly selling it to cotton mills.
Obviously, it would be safer to sell all of the 8,000 to Fujiwara Corporation.
Doing so may earn you less, but in terms of safety, the risk will obviously be much smaller.
When the price of cotton yarn was finally raised to 8,000 yen per piece by the Cotton Spinning Chamber of Commerce, some big Japanese businessmen who were unwilling to take more risks had disagreements with people like Tokugawa Sosuke.
So, the day before the American cotton yarn was about to arrive at the port, some Japanese merchants from the Cotton Textile Chamber of Commerce took the initiative to find the office building of "Fujiwara Corporation".
Chen Yutang, disguised as the big boss Fujiwara Chaoqi, naturally would not stay in the office of "Fujiwara Corporation" at all times.
The professional manager Wang Jianbin usually stays here every day and makes some routine decisions.
Several major merchants from the Cotton Yarn Chamber of Commerce, represented by Matsushita Naota, approached Manager Wang so abruptly.
Knowing that these people were big Japanese businessmen with large quantities of cotton yarn, Manager Wang politely took them to his office.
Someone made tea for them, and then both sides got down to business.
"Manager Wang, we are here to discuss a big deal with your Fujiwara Corporation."
"I know you have been wanting to buy a large amount of cotton yarn on the market so that you can enter our cotton spinning industry."
"Now's your chance. We've discussed it a bit, but we don't want to offend President Fujiwara! How about this? We're willing to sell all the cotton yarn we have at market price. Do you think President Fujiwara is willing to buy it?"
Wang Jianbin was just a professional manager hired by Shen Yutang to carry out his daily business instructions.
He has no business decision-making power over Fujiwara Corporation.
Of course, he also didn't know Shen Yutang's specific plans and schemes.
When he heard that President Naota Matsushita and others wanted to sell them a large amount of cotton yarn at the market price of 8,000 yen, he really had no idea what to do.
So he could only call Fujiwara no Kiyomizu-dera, which was the villa that Doiyuan had prepared for Fujiwara no Kiyomizu, to report.
When the puppet Fujiwara no Asahi who was staying in Fujiwara no Jikan received a call, Shen Yutang knew about the situation immediately.
Seeing that these Japanese big businessmen from the Cotton Chamber of Commerce had some beautiful ideas, she decided to meet with them and buy another day for the two American cotton yarn cargo ships that were about to arrive at the port.
Continue read on readnovelmtl.com