Chapter 941: Both Politics and Economy Require Compromise [Asking for Monthly Votes]
After listening to the explanation, I already had an idea in my mind.
In fact, from the beginning, he had no idea that he must drive Coca-Cola out of the Chinese mainland market and drag the domestic carbonated beverage industry into his pocket and make it his own private property.
After all, Coca-Cola is an old beverage company with hundreds of years of marketing experience around the world. This itself is an intangible wealth. After all, there are still a large number of people in the Western world who are willing to choose Coca-Cola, and will come from China. Drinks in China regard it as a scourge, just as they viewed communism decades ago.
The rise of national enterprises cannot be achieved by just shouting a few slogans. It requires long-term practice and progress. Now it seems that Coca-Cola is cornered, but in fact it is not necessarily a good thing. It will at least arouse the vigilance of anti-China forces around the world, which will in turn cause Fan Investment Group's investments around the world to be affected to a certain extent, and its own global integration business process will be greatly affected, which is very unfavorable.
As the old saying goes, the tree that is as beautiful as the forest will be destroyed by the wind. That is to say, the first bird will be shot. No matter which Chinese-backed company occupies the limelight, the result will be that the same company will suffer all kinds of consequences. Fan Yuanbing knew very well the heavy pressure and unfair treatment he had endured from all sides.
This is also an important reason why Fan Wubing's company has a large number of foreign employees among senior executives, because the existence of these external employees is itself an important measure for Fan Investment Group to integrate into the world economy, and it is also a counterattack against the opponent. a powerful tool of persecution.
Today's business war between Fan's Cola and Coca-Cola is easily reminiscent of the business war between Very Coke and Coca-Cola a year ago.
At this time last year, U.S. missiles bombed the Chinese Embassy in Yugoslavia. College students in the capital took to the streets, lit candles in front of the U.S. Embassy in China, held vigil for the victims, and rushed toward the people who represented the United States in their hearts. A multinational company, McDonald's was forced to close for one day, the glass of the IBN building was hit by a stone, and Mike Rommel, president of Microsoft Greater China, nervously sent a comfort email to employees at the company, saying that if necessary, the company can close and employees can Go home and take refuge.
The mood of the students was very good. The computer department of Peking University posted a slogan on the school boycotting American products, except computers.
After the parade during the day, more students went to review the TOEFL under the lights at night.
Anti-American sentiments are also very quickly projected into business. Hangzhou Wahaha, which is already the largest children's dairy beverage company in the country, has just launched the carbonated drink Very Coke. After the accidental bombing incident, Zong Qinghou immediately produced a rough and A timely patriotic commercial, three US-made missiles roar towards each other, and Chinese missiles incarnate as Very Coke take off to fight. The gL sound is a sonorous and powerful tenor, "Very Coke, the Chinese people's own Coke", which is said to be very popular. Comes to the role of promotion.
Internet observer Fang Xingdong published a book "Rise Up to Challenge Microsoft's Hegemony" that summer. He accused Microsoft of "undermining the fairness of the market" and being an aggressor "cloaked in sacred intellectual property rights." This Tsinghua University A doctor from the university said, "Just as NATO's three missiles hit the Chinese Embassy in South Africa from different angles, Microsoft's actions in the Chinese Embassy also caught us off guard."
While anti-American sentiment is so high, the United States and Japan have announced new "Japan-US Defense Cooperation Guidelines" with neighboring Asian countries as imaginary enemies. There are various signs that Sino-US relations are once again on a tightrope.
But under such circumstances, when many international media have become very disappointed with the Sino-US negotiations,
The agreement was reached dramatically.
"Politics is always the most difficult thing to understand." Fan Wubing couldn't help but shake his head when he thought of what happened last year. He knew very well that when dealing with the Coca-Cola Company, he could shout, kill, or be aggressive and seize the other party's rights. Market share can even be taken to court and criticized, but it is definitely not suitable to kill all the companies and force them to launch the mainland market.
What happened before is just a normal business debate, but if Coca-Cola is completely driven out of the mainland market, it will be equivalent to a slap in the face of Americans in front of the whole world. The angry Uncle Sam will definitely not accept this. As a shameful result, Sino-US relations will naturally enter an uncontrollable period of time.
This year's situation is a bit special. The US Nasdaq stock market, which has been soaring proudly, suddenly turned around and fell without warning. The composite index fell by 40%, 80,000 in just a few months. Half a hundred billion dollars of corporate market value has been wiped out, an amount that exceeds the annual revenue of any country in the world except the United States.
AOL Time Warner alone has lost more than $1 billion in paper assets. Ten years ago, no company in the world had a market value greater than this amount.
Almost all well-known Internet companies have suffered heavy losses. Cisco's market value fell from US$5.7 billion to US$4.1 billion, Yahoo fell from US$3.7 billion to US$7.7 billion, and Amazon fell from US$4.2 billion to US$4.2 billion.
Economist Stiglitz wrote in a tone that said "the bubble burst and the economy fell into recession. This outcome is inevitable. The noisy nineties were built on a false foundation. In the end, will come to an end."
As the global Internet bubble burst, several Chinese companies listed in the United States were not immune. Sina's stock price fell to a low of $1, Sohu fell to 60 cents, and NetEase was even worse. Its stock price was once only 53 cents.
China's immature Internet economy entered the trough of disillusionment early. Although in the future, this may be a necessary pain, and the first sprouts can only mature after experiencing the test of frost, but from now on, it is really gloomy.
Clinton himself, who is about to end his term and has served as president for eight years, also hopes to continue to play a certain role in international affairs instead of being marginalized by others. Therefore, after the Coca-Cola Company asked him for help, he was very Mediation was actively carried out.
Fan Wubing can imagine what will happen if the Americans are forced to become angry. This is not in line with the overall strategy that China has always pursued, and it is also contrary to the peaceful development policy implemented by China. , so he cannot cause irreversible consequences just because of his impulse, so compromise is still the last option.
"Actually, the reason why the world has become what it is today is because of compromises one by one." Fan Wubing was packing his luggage with Shen Ying while talking to his little girl. My wife said, "Today, even Americans still need to compromise, let alone us who have just developed."
"What does dad mean?" Shen Ying asked with some interest.
"There must be some insider trading among the senior executives, so we have to live a decent life. After all, we are taxpayers, and they are civil servants who are supported by us. This principle can still be explained." Fan Wu Ill replied with a smile.
After hearing this, Shen Ying immediately burst into laughter and said, "You are in the United States, and you have to pay the taxpayers. It's just a joke, but Fan Wubing has some considerations in his heart. The main thing is to fight against the two major oil companies with his father Fan Heng." Kamaton has something to do with it.
Although Fan Heng took action against two major oil companies a while ago, there was little progress and there were many obstacles. The senior management had different opinions. This was also the key reason why Fan Heng's efforts were in vain and he gained little. Without the majority of the Standing Committee and members With their full support, it is obviously unrealistic to shake the two largest companies in the country. After all, the relationship network here is quite complicated, and the personnel relations are as dense as a cobweb, and it is impossible to figure out a clue.
That is, this month, PetroChina has just been listed on Hong Kong II shares. It is planned that in half a year, Sinopec will be listed on the Hong Kong, New York and London stock exchanges at the same time, and plans to land on the A-share market next year and become a domestic company! $The largest blue chip stock on this market.
Later, according to inside information, Sinopec's top executives visited Li Ka-shing, the richest Chinese man in Hong Kong and chairman of Hutchison Whampoa Group, three times. The latter was moved by his sincerity and immediately decided to buy US$100 million in Sinopec II shares. The issue price of Sinopec's shares caused a controversy at the time. When the company issued 16.7 billion II shares, the price was A6 Hong Kong dollars, while when it issued A shares, it was priced at 4 yuan. A shares were twice as much as II shares. , this kind of internal and external differences has caused great controversy among investors.
During the listing process, the overseas strategic investors of PetroChina and Sinopec were raised in a targeted manner. In addition to Hong Kong's Li Ka-shing family, American stock investor Buffett and Goldman Sachs, there were also the world's most important oil giants. Among them, Egypt Cxon Mobil, Shell and BP Group have become strategic investors of Sinopec.
The three companies purchased half of Sinopec's global offering and spent US$6.2 billion as strategic partners to purchase approximately 3 billion PetroChina shares, accounting for nearly 20% of the shares in circulation at the time. According to subsequent calculations by financial observers, in five years, Sinopec II shares created the equivalent of US$100 million in wealth for overseas investors.
In a sense, these overseas investors have become one of the biggest beneficiaries of China's reform.