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Chapter 1642: The end of business is philosophy

The two have discussed a lot about the topic of real estate and have not mentioned it any more.

After arbitrarily finalized the newspaper, the newspaper was quickly finished and the meal began.

Chen Qing also talked about a serious matter: "Boss, Hyundai, what are you going to do this time?"

It's about Korea Hyundai Group.

During this period, the biggest excitement in South Korea was the internal struggle of the Zheng family of Hyundai Group. Specifically, it was nothing more than the struggle between father and son for control, and the mess was a mess, which also led to the storm of several companies under Hyundai Group.

For Hyundai Group, Simon's interest in several businesses, electronics, shipbuilding, entertainment, etc., have been firmly held by the Westeros system. Of course, on the surface, the Zheng family still has a certain shareholding and considerable voice.

Therefore, the internal strife of the Zheng family will inevitably harm the interests of the Westeros system. If several companies that have failed in the past follow the practices of the Korean chaebol, in addition to seeking help from the authorities, they will also demolish the east wall and repair the west wall within the group.

This time, Simon certainly would not allow the Zheng family to tear down their own east wall to repair their west wall.

At this time, when Chen Qing asked, Simon said, "Let's go to Seoul first, but the main thing is to mediate. Since the Zheng family cannot live together, we will split up the family and take part in charge, which can indirectly increase our control."

Chen Qing took a sip of the red bean porridge he liked very much and said, "Boss, I still think, why don't we just take down all the modern world and operate it ourselves?"

"I told you about the national conditions of South Korea."

"I don't think it's a big deal," Chen Qing said: "And, this time, if the boss wants to, we can penetrate into Hyundai's automobile business, which is considered a most valuable part of Hyundai's assets."

Hyundai Motor, even though it failed to merge Kia as the first monopoly in South Korea under Simon's interference, was still huge.

Simon heard the girl beside him say this and smiled and said, "According to my original intention, I actually hope to eat everything I can eat. The problem is that in this world, we need to keep restrained and cannot take full advantage. Besides, the automobile industry in South Korea, do you know what is the biggest advantage?"

Chen Qing thought for a while and shook her head in confusion.

Simon said: "This is also a question I have been thinking about occasionally recently. The reason why Korean cars are so prosperous is mainly because of one thing, cost. To put it bluntly, Korean cars have always been at the bottom of the world's automobile industry pyramid, and are a type that relies on cost and low price to drive volume."

Chen Qing thought for a while and said, "The boss mentioned the transfer of Western industries. It is inevitable that the transfer from high-cost areas to low-cost areas is a certain trend. In this case, the low cost of the Korean automobile industry should be an advantage, right?"

"The problem is also here," Simon said: "The low-end cost advantage is easy to break. Just like in China, South Korean cars are currently relying on lower prices, and several major brands are selling well in the Chinese market. But I am sure that when China's local automobile industry develops, South Korean cars will definitely be the first to be eliminated and expelled from the Chinese market because their greatest advantage has been lost."

Chen Qing shook her head and said, "Boss, you have also said that the automobile industry is not easy to do. In China, it will take many years to wait until its own automobile industry develops."

"Next, if we actively participate in the promotion, it won't take long. So, don't hurry, we will start to make efforts when China enters WTO."

Chen Qing didn't doubt this, but said again: "But, boss, isn't it more convenient for us to acquire an automobile factory in South Korea, have a technical and talent base, and expand to China? Or you said, the automobile industry can't do it with only money."

"This involves cost issues," Simon said: "I prefer Europe, where there are many car companies on the verge of bankruptcy. The technology accumulation is not worse than that of South Korea, and it can be won at a very low price. South Korea, whether it is Hyundai, Samsung, or other, is not small in size, and we need to pay more if we want to eat it. In addition, considering South Korea's industrial protection policy, it is not as easy as you think. In addition, let me ask you a question, which Korean joint venture brand or British joint venture brand, sounds more classy?"

"Of course it's a British joint venture brand."

Chen Qing said that, and had to admit that her boss was considering it comprehensively enough.

Simon took a few sips of soup, changed his chopsticks to deal with the basket of buns in front of him, and said, "Actually, to be honest, I can't be 100% sure that many of the decisions I've made now are correct, because the entire Westeros system is too large. Many times, I just follow some of the most basic economic rules, the way is simple, such as the industrial transfer I just mentioned. Since many industries must flow from high-cost areas to low-cost areas, we cannot go against the trend, otherwise we will definitely fail. Also, we cannot think about making all the benefits, and money cannot be made, so we must stop at the right time."

Chen Qing nodded with approval, bent her lips again, and said, "There is another one who is good at fighting, who will lead people to others but not to others."

"Yes," Simon also laughed, sighing with emotion: "The end of business is philosophy. Many things, when they reach a certain level, are no longer concrete and minor actions, but strategic thinking in the general direction."

Chen Qing nodded again, suddenly remembered the newspaper she had just turned over, and realized something with a flash of inspiration: "I suddenly understand, boss, why are you optimistic about China's economic prospects?"

Simon unexpectedly glanced over: "What?"

Chen Qing pointed to the newspaper that was put aside: "Often people always think that many of the things mentioned above are slogans and simplicity. However, according to the boss's ideas, these slogan-like things determine the direction of China's development. For example, in the past twenty years, the clearest one is reform and opening up. Since the direction is right and with a certain execution ability, even if the process is bumpy, it will bear fruit sooner or later."

"Very conscious," Simon nodded and smiled, "and, this sentence surprises me even more when you say it."

Chen Qing rolled her eyes: "Boss, I am very smart, and I am not an angry young man."

Simon just smiled.

Chen Qing said excitedly again: "Boss, there is also, I understand why you are not so optimistic about the economic prospects of Western countries, including the United States."

"Um?"

Chen Qing said: "It's obvious that after the end of the Cold War, Western countries have no clear ideas about their own future. Just like the international news in the newspaper just now, my feeling is messy and a mess."

Simon smiled and said, "Doesn't the information highway plan in the United States count?"

"The boss wants to hear the truth?"

"It doesn't seem nice, so don't say it. I am such a big capitalist, but I have a temper."
Chapter completed!
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