Lu Feng reassured him that Soros would call shortly afterward, hoping to get some Thai baht from Lu Feng for thirty yuan.
Lu Feng stated that he only accepts a price of 25 baht, and that he has no contracts or leverage, so he can leave the baht indefinitely.
The two sides parted on bad terms, and Lu Feng drifted off to sleep around 2 a.m.
For the next few days, Lu Feng had a rare period of leisure. Besides tutoring Duo Duo in her studies and English, he also had to teach Jiang Xiaoyan English in the evenings. It must be said that her learning ability was quite good; she could understand the basic meaning of some words after being taught a few times.
I also took a look at the planning documents that Jiang Xiaoyan brought back. The entire production plant covers an area of 170 acres and is intended to build the largest daily chemical production base in the north. It also plans to export to overseas markets and has conducted extensive research on the markets of neighboring countries.
After reviewing the documents, Lu Feng had only one thought in his mind: Huasha was going to go bankrupt!
For any industry or any company, the fastest way to go to ruin is through expansion. This is why there are century-old businesses but no century-old private enterprises. Market expansion, increased production, and increased staff all require a long-term, stable market demand to support them.
The problem is that market expansion inevitably brings more competitors. If you want to take over the market, you have to accept continuous losses, which is why capital accepts corporate losses.
Once the market contracts, this logic game no longer works. Mass layoffs cannot reduce losses; numerous production lines, factories, and distributors all represent costs.
When you reach a dead end and declare bankruptcy, the economic cycle returns, the market begins to expand again, and a new wave of people rush in to start businesses.
Financial markets rise and fall like the tides. We can't just look at the prominent figures riding the waves when the tide is high. Only when the tide recedes can we see who is really there to make money and who is just there to have fun.
Lu Feng knew about Hua Sha's fate, but he couldn't tell Jiang Xiaoyan. Her eyes lit up when she talked about Hua Sha's future. Plus, the company had grown and brought in a bunch of sycophantic subordinates who were constantly making empty promises to her. Discouraging someone's enthusiasm is the most hurtful thing.
Most importantly, even if they go bankrupt, it won't be more than a few hundred million!
Three days flew by, and 1996 was already behind us. Everyone on TV was talking about the last day. Sean called and said that the two sides had made a private deal. Soros and his ilk wouldn't admit defeat until they saw the coffin. At the end of the call, Sean said some New Year's greetings and told us to remember to contact him if we had any good things like that in the future.
Moreover, by helping those people make money on this trip, Sean also improved his relationship with them and spoke well of Lu Feng in front of those big shots. If Lu Feng ever gets into trouble in the future, he can hide in Congo, where Brother Mobutu will protect him.
Lu Feng smiled but didn't say anything. He'd be protecting him? He'd be gone by this time next year.
Jiang Xiaoyan is away on a business trip again. It's almost the new year, and Lu Feng took his aunt and Duo Duo out for a Western meal. At that moment, a report was placed on John's desk.
This is a research report on the development trend of Jiafeng Group in the semiconductor field. After careful research, Siemens believes that Jiafeng Group is at the second-tier level in the world in multiple fields such as chip design, architecture, photoresist, wafer, and packaging and testing.
As for fields such as optics and lithography machines, they have absolutely no value.
Having developed to this level in just over two years is already quite impressive, yet the report still concludes that Jiafeng Group has absolutely no competitiveness in the semiconductor field.
The development and technology of semiconductors are a reflection of national power. Even if Lu Feng had the ability to steal the sky and change the sun, it would be useless. If a country wants to develop semiconductors, it first needs strong international influence and cooperation with companies in other countries.
Secondly, strong economic power is needed. It's not just about burning money on semiconductors, but about having a consumer market, the per capita consumption power of China, and the consumption of semiconductors.
According to assessments by international professional organizations, China's per capita GDP could reach half of Thailand's current level in 2007. They estimated that China's per capita GDP was around $700 in 1996, while Thailand's GDP was over $3,000 that year.
Based on the current state of Thailand's semiconductor market, they believe that for the domestic market to truly take off, it will take at least until 2050, or even longer—meaning it will never happen.
After reading it, John immediately made several copies of the survey and sent them to senior management and some companies on Wall Street.
Meanwhile, crowds were beginning to gather in Times Square, New York, as everyone celebrated the upcoming New Year. Zhang Fengxia stood in front of the floor-to-ceiling window, watching the bustling crowds in Times Square not far away, while her mother's dissatisfaction came through the phone next to her.
A rosy-cheeked child sits on the children's bed, waving a toy in his hand and smiling broadly.
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