Chapter 556: The Best Time to Invest in China

"Old Dou, can't you invest in mobile phones?"

"Hehe, I've asked someone about it, and it's a big pit. Do you know, son, a considerable part of these devices on the market are in the hands of the Americans."

"So what? Isn't it also produced in Europe?"

"Hehe, I won't say that the price is expensive. Anyway, I will earn it back sooner or later. The problem is that these things will be eliminated soon."

"Tsk, bastard, this is too bullying."

"Bullying people? Haha, the bullying thing is behind. William White made it very clear that the connection rate of the current analog signal to the digital signal is not high. That is to say, you don't want to easily connect to Xiangjiang Telecom. platform."

"Shameless, this is simply playing a rogue."

"Yeah, so what, the rules of digital mobile communication are originally dominated by others. Do you know the right to interpret? The right to interpret is in the hands of others."

After teaching his son, Li Chaoren stopped talking. He had to explain these things clearly, otherwise, the loss would be too great. It doesn't matter if you spend a little money for your son to play. If there is a huge pit below, you'd better take it easy.

After temporarily settling these messy matters, William White went directly to Nanwan. Today is the day when the foundation stone of the garment factory is laid, and we still need to show up.

Big Rabbit is still very hospitable, especially when facing such a super rich man. William White's investment here is very large, and it can be regarded as the largest foreign-funded enterprise.

There are not only garment factories and electronics factories, but also hotels and real estate projects. Sources claim that Tesla will also invest in two engine factories in China.

Facing this kind of local tyrant, one can imagine the importance the government attaches to it. If this is not taken care of well, it will be a political incident.

"My dear, it was so lively just now. They are also of Chinese descent. The guys in Xiangjiang don't seem to take it seriously."

"Hehe, it's different. Didn't you find out that Xiangjiang is not suitable for producing anything. Their development focus is all on real estate."

"That's not it, it's just a place to sleep, and their population is not much, so there will definitely be problems if this continues."

William White pinched Sophie's nose, and said lovingly: "Hey, it's not bad. The study during this period has indeed given you a lot of insight."

"Well, if I don't study hard, how can I help?"

"It's not like that. Some things are really talents. You know, many people think that Xiangjiang's development model is good."

"Hmph, these guys must have taken advantage of it."

The little beauty said so, and William White was speechless. You can't say it's wrong, those economists really just watch people order dishes.

For an entire day, William White essentially acted as a moving stamp. Those things here have been discussed by his subordinates a long time ago. Waiting for the big boss to sign at the scene is nothing more than a formality.

The money has already been given, and the equipment has been purchased, so there will be no regrets there.

It is difficult for outsiders to understand William White's huge investment in China. Even inside the think tank, there are different voices.

Only this time, William White was uncharacteristically. Instead of listening to the advice of the think tank, he dispatched these guys to the Celestial Dynasty.

behind?

Well, it is true, there is no denying that.

William White told them the story of a salesman. Two guys went off to sell shoes in Africa. The moment they stepped off the plane gangway, they discovered that people here don't wear shoes at all.

One of them left disappointed, not even trying to get his luggage off the plane.

And what about the other one?

He ended up becoming a billionaire.

This story tells everyone that it is necessary to look at problems comprehensively. The Celestial Dynasty is now behind, so it has a chance. If they are developing better than the foot basin now, what chance do you have for investing.

Besides, being behind is also relative. If you look at Nanwan ten years ago and Nanwan today, they are simply two cities.

The land is cheap, the labor is cheap, and there are tax incentives for two years and three years. With so many benefits here, you have nothing to hesitate. If you really want to come up with one, it is the exchange rate.

Yes, now is not the best time to invest. The exchange rate of 4.23 is really ridiculous. The most outrageous thing is that you can't go to the black market to exchange it.

If I remember correctly, it should not have been a few years. When they adjust the exchange rate to a reasonable price, William White will enter the Chinese market in a big way. At that time, it will be a petrochemical project. The current garment factories will all be demolished and built in the future.

Do not underestimate this exchange rate reform. William White believes that the exchange rate reform and the subsequent WTO are a pair of wings for the Chinese economy. If any one of them is missing, the big rabbit will never be able to fly.

"Minister Hua, this foreigner is not difficult to serve, and he is also very kind. With his standard Mandarin, tsk tsk, he can be an announcer."

"Hehe, Lao Huang, the troublesome things are all done by his subordinates. In his current position, how can he show his emotions?"

"Yeah, our girl still wants me to ask for an autograph. I don't even look at her current status."

"Speaking of which, he is really in the entertainment industry. I really can't figure it out. A movie can make hundreds of millions of dollars, which can buy several planes."

The two bigwigs didn't know that William White's biggest headache was the entertainment industry. Sending some movies over is welcome, and wanting a share of the box office is completely a dream. The most outrageous thing is that video recorders are nothing in the south, and there are all kinds of video tapes all over the streets.

Well, it's the kind that doesn't make any money. In other words, White Pictures couldn't make even a dime.

"Honey, will our clothing, shoes and hats also encounter this kind of problem? Why didn't you mention this today? The two people just now should be high officials, right?"

"What do you know, people are talking about crossing the river by feeling the stones, what can I say?"

"What does this mean? Aren't the stones all under the water? Cross the river by feeling, you might as well just swim across."

"This is not the crux of the problem. They are very courageous now and encourage all kinds of attempts. Let's put it this way, in fact, the footbath after the war is also like this. As long as they are interested in TVs, radios, and motorcycles, they simply ignore them. "

"It's over. In this way, our costumes will be miserable."

"No, I will open a special counter. Except for these places, other places do not sell them. Over time, they will also get used to shopping in these places. You must know that these clothes are still very expensive things for them. Impossible to buy in supermarkets or bazaars."

Although William White explained, the little beauty is still a little worried. However, her main target now is the United States, which is just a production base. Good business is good, but if you can't sell it, there is no big problem.

In her opinion, buying a pair of shoes with a month's salary is simply a fool's behavior. I really don't understand why this bad guy is sure to be sold.

What Sophie didn't know was that the monthly income she thought was not universal in China. Most people need several months of income to afford it. Nanwan was developed early, so maybe 800 yuan is nothing. There are not so many other places, more than two hundred yuan is not bad.