Chapter 918 Westeros Effect 2.0
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Early in the morning on April 20, the eyes of the world were on the Westeros system.
At 10 a.m., two Boeing 767 private jets and three Boeing 747 business jets took off from Los Angeles International Airport in sequence.
Target Beijing, China.
Now that the matter has been made public, the Westeros system will no longer hide it. Media platforms such as TV and the Internet immediately issued a press release, and major media in North America, Asia, and Europe quickly began to follow up.
The Westeros System executive team, led by the couple Simon Westeros, will pay an official two-day visit to China on April 22 and April 23, along with new U.S. Secretary of Commerce Mickey Cane. A government delegation headed by the Chief Executive accompanied him.
The first thing the media noticed was the sheer scale of the visit.
Among them, there are a total of 27 people at the core of the Westeros system, including Simon Westeros and his wife, the Westeros president James Leibold and his wife, Igret CEO Jeff Bezos, Cisco CEO John Qian Berth, Cisco CEO John Chambers, Verizon CEO Raymond Smith, Goldman Pictures President Ella Deutschman, Apollo Management CEO Leon Black, Levison Group CEO Francis Levison, Nokia Chairman and CEO Joma Ollila and more.
The government team, headed by Commerce Secretary Mickey Kanter, has a total of 19 officials, large and small.
In addition, there are assistants, security guards, services and other peripheral members around the core team, with a total of more than 400 people.
Finally, there are more than 300 journalists from newspapers, TV, Internet and other platforms in the United States. Except for reporters from the Westeros system's own platform, other aspects are actively invited by the Westeros system. The main consideration is that for such an important news event, rather than letting the North American media play freely, it is better to take the initiative to guide it.
All calculated, the total number of visiting teams is close to 800 people.
As for why the outside world noticed this for the first time and caused heated discussions, a simple set of comparisons is enough.
Since 1972, successive U.S. presidents have visited China. Richard Nixon has visited China with 300 people, Gerald Ford with 450 people, Ronald Reagan with 600 people, and George Bush with 500 people.
Some people may question that Simon Westero is just a businessman after all, how can he be compared with the President of the United States?
However, from the various official statements made by the Chinese side recently and the preparations made by the Chinese capital region for Simon Westeros' visit, it can be seen that the country is responding to the visit to the highest standards at the level of the head of state. .
Anyone with a little knowledge understands that with the current strong influence of the Westeros system, Simon Westeros is fully worthy of such a reception specification.
After all, Simon Westeros's current personal net worth of more than 1 trillion US dollars is higher than China's GDP of 730 billion US dollars in 1995, and the entire Westeros system, in terms of scale, is equivalent to the world. The third largest economy after the United States and Japan.
13 hours later.
At 23:00 in the middle of the night in the United States, and at 2:00 p.m. local time in China on Sunday, Simon Westeros landed at the Capital International Airport first. The pick-up ceremony completely confirmed China's reception specifications for this visit to Westeros.
Because according to diplomatic etiquette, the reception at the head of state level, such as the United States, will be picked up by the vice president on behalf of the president, as is the case in other countries.
For Simon Westeros, the Chinese side really gave such specifications.
Globally, some formal media are shocked, shocked by the height that a 28-year-old has unknowingly reached. The unscrupulous media is a piece of questioning in the uproar. What qualifications does Simon Westero have? Is he the real President of the United States?
Then, on the two days of the official visit, more than 6,000 journalists from all over the world gathered in the Chinese capital to witness the grand scale of the visit.
April 22.
In the morning, the welcome ceremony in the Great Hall and talks were held. In the afternoon, visit the Forbidden City together. In the evening, state banquet.
April 23.
In the morning, a large-scale business cooperation agreement was signed, involving real estate, technology, finance and other aspects. In the afternoon, a symposium between the political and business circles. In the evening, the art show.
The two-day tight schedule continued. The media found that, compared with the reception of the head of state, the only difference in the entire reception process of Simon Westero's visit was that they did not review the honor guards of the three armed forces together. Diplomatic etiquette between countries.
However, except for a few media that are still clamoring for it, there is not much rendering and ridicule at this time.
because.
The impact of Simon Westeros' visit was almost immediate.
Westeros effect.
That's right, it's the Westeros effect that has frightened Japan every time after all these years.
And this time, not only Japan, but most of the countries in Asia except China were not able to escape.
On April 22, the first day of the new week's opening, since 1996, the Japanese stock market, which had barely escaped the quagmire of last year's slump, turned sharply after the opening. The deepest drop on Monday reached 6.3%, and it also fell as high as 4.9% at the close of the day. , from 16893 points
fell back to 16065 points.
At the same time, the stock markets of South Korea, Thailand, Singapore, Indonesia and other Asian countries have plummeted, with a general decline of around 5%, of which the South Korean stock market has fallen by as much as 7.6%, which is simply appalling.
On April 23, with a large number of urgent announcements to stabilize the market, Southeast Asian countries that thought yesterday's slump had passed found themselves seriously wrong. Not only that the expected rebound has not come, but as the Westeros system delegation signed a series of cooperation agreements with China, the stock market curves of Southeast Asian countries did not even tend to rise, and they continued to plummet.
First of all, Japan is the largest.
Throughout the day on Tuesday, the Nikkei 225 index plummeted 6.3% again. At the close of the day, it had dropped to 15053 points, a cumulative decline of 10.9% in two days. According to the current momentum, if it drops even 0.5%, the Japanese stock market will fall back to the beginning of last year. The country suffered its darkest period after the Great Hanshin earthquake and sarin gas, when Japan's stock market fell back below 15,000 for the first time in a decade after hitting 15,000 in the 1980s.
Many people thought that this kind of thing would not happen again. However, in just two days, the Nikkei 225 index has hovered around the 15,000-point threshold.
South Korea, Thailand, Singapore and other countries also failed to escape, and the stock markets of other Asian countries outside China fell by more than 7% throughout the day on Tuesday, even more dismal than Monday.
In stark contrast to the rest of Asia is China's stock market, which has gradually improved.
In two days, China's Shanghai Composite Index soared 13.6%, rising to 869 points from 765 points at the open on Monday.
Similarly, in North America, the Dow and Nasdaq both hit new highs, with the Dow rising 3.7% for two consecutive days, from 6,139 points to 6,365 points. The Nasdaq also rose 4.3% on a two-day basis, from 3,416 to 3,562.
This sudden financial shock caught everyone off guard.
After careful analysis, everything is so logical.
Things can be traced back to after the end of World War II. First, Japan, with the help of the Korean War and the deliberate support of the United States, quickly recovered its economy by relying on a large number of war orders. Then, during the Cold War, the East and the West confronted each other. Out of the need to win over and besiege, Southeast Asian countries received a lot of economic assistance from the United States and Japan, and their economies developed rapidly. Regional economic giants such as the Four Asian Tigers and the Four Asian Tigers emerged successively.
All this until the nineties.
1992 to be exact.
Prior to this, China's opening-up policy had been in a state of flux, and despite the rapid economic recovery, overseas capital had always been concerned about China's business environment. And China, which has been weak for too long, needs the help of a large amount of foreign capital in order to develop. Therefore, various unprincipled accommodation of foreign capital began to appear in the 1990s.
Then, in 1992, the tone was completely set. In 1994, a series of regulations such as China's "Company Law", "Labor Law", "Intellectual Property Protection Law" were promulgated, and it was announced that China entered the first year of the market economy. Confidence in the economy improved again.
However, the negative effects accumulated over a long period of time cannot be eliminated immediately. In the original time and space, attracting foreign capital to actively invest in China was also a relatively slow process. It was not until after the millennium that China entered the World Trade Organization and entered another stage.
This time, Simon's visit to China, as well as the large number of cooperation agreements that the Westeros system has publicly signed with China, can be said to have directly resolved the concerns of international capital about investing in China.
The rapid rise of the Westeros system in ten years is enough to bear such a guarantee.
Aside from political concerns, let’s look at China, with a population of 1 billion, the world’s largest country with the largest population, a vast territory and abundant human resources and natural resources. The economy is in a period of rapid growth, all walks of life are full of opportunities, the standard blue ocean market, and there are many preferential policies for foreign investment.
Such a country, of course, can invest without hesitation.
Capital is also limited.
With China's huge size, when a large amount of capital originally intended to invest in Asia began to pour in, other Asian countries would bear the brunt.
Economically developed Japan, South Korea, Singapore, etc., will not only encounter competition from European and American capital in terms of investment in China, including the export commodities of these countries, but also encounter more competition from powerful European and American companies in China. In Indonesia, the Philippines, Malaysia and other countries whose average economic level is stronger than China, the low-end and mid-end manufacturing industries with a large proportion of the industry will inevitably be hit by China with relatively lower costs, and will fall into recession due to the loss of competitiveness.
So, with Simon Westeros' visit to China, the capital market gave the most direct feedback.
In the original time and space, the development of other Asian countries basically followed this trend.
The 20 years lost by Japan may be due to improper domestic economic policies, but it is not because of the rise of China that has taken away its national fortune. As for Southeast Asian countries, after the Asian economic crisis and the rise of China, they have basically lost their international presence.
Simon's visit to China is only a direct catalyst for the trend of the next few years. As a result, the stock markets in these countries fell across the board.
At the end of the two-day official visit, Simon disappeared directly from the public eye.
In the face of media inquiries, the official statement of the Westeros system is that the two began a private vacation and did not want to be disturbed. Judging from various sources, the couple apparently still
in China.
This is undoubtedly another big difference.
Free.
If it is a real head of state for a state visit, how can it disappear if it wants to disappear. Even if you avoid the spotlight for a short time, no matter where you go, no matter what you do, there will be special records. Maybe the outside world will envy the scenery, but only the people in the bureau understand that this feeling of not having any personal time is actually not good at all.
With the cooperation of the Chinese side, the couple wanted to avoid the attention of the outside world, as if they only chanted a spell, and then disappeared.
No one could find it.
Instead, the rest of Asia breathed a sigh of relief.
Sure enough, the Westeros couple avoided public view, and the Westeros effect seemed to disappear. On Wednesday, after many people’s sleepless nights, the Japanese stock market finally did not turn around after the opening of the day and returned to 15,000. The darkness within the point, but a rebound, the stock markets of other Asian countries may rise and fall, and the overall situation is far less tragic than the previous two days.
In order to make sure that this 'good' will not be interrupted, many people even contacted the Westeros system directly for testing. The current Prime Minister of Japan, Ryutaro Hashimoto, also called James Leibold, who is still in China. , inquired about Simon's itinerary, and even directly abandoned the implicitness of the Orientals, very straightforward and earnestly hoped that Mr. Westeros would not make public appearances in the near future.
Even in order to show goodwill, he also took out real benefits.
As long as Simon Westeros does not make public appearances in the near future, the three Japanese companies, Sony, Panasonic and Canon, can also drop the patent infringement lawsuit they are initiating against Tinkobeer for products such as digital cameras and digital video cameras. reach a settlement.
In fact, this is both a human touch and a step.
After all, Tinkerbell was established for too short a time, and there is no old Japanese electronics manufacturer's deep-rooted technology layout. Until now, many components of Tinkerbell have to be purchased from these companies. With the rapid rise of Tinkerbell, Sony and other manufacturers feel threatened, and in recent years have begun to use patented weapons to try to suppress them.
Unfortunately, the effect is obviously not great.
After all, the main market for Tincobayer products is still concentrated in the United States. Even if Japanese companies dominate, the US government is crazy and will suppress a new electronic giant that has finally grown up in China according to the wishes of the Japanese.
The reputation of the Japanese is quite good.
Simon didn't intend to show up at all, and since the other party gave the benefit, he also asked James to give a positive answer.
Although Simon disappeared directly after finishing the official schedule, the huge Westeros system delegation and the U.S. government team did not leave immediately, and were still conducting various consultations and exchanges with the Chinese side. According to personal work arrangements, it is expected that there will be Stay for about a week. Even though various agreements have been reached before, but after all, the time is too short, and many details still need to be perfected.
On the other hand, the impact of Simon's visit on Southeast Asia was "immediate". The same goes for China.
Growth in China's stock market is secondary.
In the following days, many investment projects under negotiation in various parts of China have generally accelerated the progress of negotiations, and some investments that are only intentional have also entered the formal negotiation stage. Many countries in North America, Europe, Latin America and even Africa have begun to look for sending investment delegations to China. .
At this point, no one doubted that China's high-level reception of Simon Westeros was a fuss.
If possible, it would be no problem to receive the other party even with the standard of alien visitors.
Um.
Of course, except for other countries in Asia that have just experienced a financial turmoil and still have lingering fears.
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