Evening.
A staggering two hundred billion dollars.
Still ongoing.
After returning to the room.
This number.
Kept spinning in their heads, refusing to vanish. According to the current Hurun ranking, just based on the stock of Cot Group, they could squeeze into second and third place on the Huaxia rich list.
Damn.
Thinking of this.
Chai Ren felt the world had gone mad.
Did nothing.
Invested one hundred million RMB, and a few years later, bizarrely ended up at the top echelons of Huaxia’s wealthy. Such a ’legendary experience’ would make countless people green with envy. Tang Qing, indeed, didn’t let him down.
"Husband, can the Cot Group really be worth that much?" Zhan Xi also couldn’t help being scared by the number.
Chai Ren looked at her.
Nodded.
"I don’t know about other things, but I know that Tang Qing isn’t one to make empty promises. If he says it can be achieved, then it can be achieved. I trust him, hehe, I was really wise back then."
Zhan Xi pulled a face: "It’s still because you took advantage of Tang Qing’s success."
Chai Ren was indifferent, very proudly saying: "No matter whose success I took advantage of, being able to do so is an ability in itself. It seems I need to prepare well on how to be a hundred-billionaire."
"Tch, it’s still three als a day, sleep on one bed. At most, if you’re more impressive, our mother and daughter can also give you the front courtyard and living room." Zhan Xi gave Chai Ren a disdainful glance.
"Uh!"
Chai Ren was at a loss for words.
"Right, what do you think is the most valuable company under Tang Qing’s na?" Zhan Xi asked again.
"That’s hard to say."
Chai Ren shook his head.
"The industries under Tang Qing all have potential. Cot Group can only be said to have relatively high potential. In my opinion, there are at least three companies that might stand shoulder to shoulder with Cot Group in the future."
"Three? Apart from Qingyuan Technology, which are the other two?" Zhan Xi asked, puzzled.
Qingyuan Technology.
Undoubtedly would be one of them.
But the other companies.
Why?
Chai Ren walked to the window, looking at the night view, and slowly said: "The other two are Tianyan Group and... Wan Qing Mining."
"Tianyan Group, isn’t that a business consultancy company?"
Zhan Xi couldn’t understand.
"Nowadays, Tianyan Group’s business has spread across the globe, and what makes it able to stand shoulder to shoulder with Cot Group is its core, the small technology firm Xiao Xiao. This is the key to catching up with Cot Group."
"Xiao Xiao, I’ve researched it. They’re using free enterprise managent software and Tianyan’s business services to build a complete global database of talents, enterprises, and regional business information, connecting all fields of global business."
"Once it all cos together one day, it will beco a transcendent entity," Chai Ren admired.
He knew.
Tianyan Group.
Was the second company established by Tang Qing. It showed the breadth of Tang Qing’s vision back then, starting in the business consultation sector, which hardly had any status in Huaxia’s business world.
Step by step.
He created a new frontier in this field.
With this explanation.
Although Zhan Xi still didn’t quite understand, it sounded very grand.
"What qualifies Wan Qing Mining then?" Zhan Xi asked.
Hearing this.
Chai Ren spoke in a slow and leisurely tone:
"Wan Qing Mining... This is a company whose endga I also cannot judge, because it’s a practice of an exceptionally bold business model. Only those with superb skills would dare to get involved in the mix."
"By the na, it’s in mining, but the mining it does is different from ours. It aims to mine the gold of business. There are too many variables, but if it does gain montum, it will beco a business model written about in textbooks."
"At the sa ti, it will also earn a massive amount of money. Its significance is not just for him personally, but also very beneficial for our Huaxia, those above have already instructed close attention to be given to that direction."
"Tang Qing won’t run into trouble, will he?" Zhan Xi expressed her concern.
"Rest assured, whether he succeeds or not, Tang Qing is a hero," Chai Ren asserted.
Global.
There has always been only one kind of trade rules.
---The World Trade System.
The world trade system based on the principles of the World Trade Organization (WTO) agreent. However, Huaxia also has its own demands and has long hoped to gain so rights in the formulation of the World Trade System.
But now.
Kenya has taken a step ahead.
Introducing a new type of trade rules based on goods and project loans.
The latecor takes the lead.
Huaxia, of course, feels sowhat left behind. Most crucially, this is not a great power, but a neighboring small country that has only recently centralized power, less than one year ago.
Huaxia can’t learn it yet.
Because the United States wouldn’t just stand by and watch Huaxia thrive.
Ten years later.
Huaxia might not fear the common business competition with the United States, but now, in 2007, the United States remains the global superpower, possessing resources and technology that Huaxia covets. In the event of trade frictions, Huaxia would be heavily impacted.
Therefore.
Huaxia could only join the Mozambican model.
Without establishing its own system.
But the reluctance at heart still exists, until Tang Qing’s "steel trade" model appeared, which seed to offer the authorities a new experintal field—a third kind of trade rules different from the previous two.
Because it was not driven by the state.
It gave Huaxia room to maneuver.
If it succeeds.
It benefits the country.
If it fails.
It is still a beneficial attempt.
Moreover.
From the current perspective, the likelihood of failure is continuously decreasing. At least, in Congo Gold, there won’t be any surprises for the ti being since the ruling class of Congo Gold is benefiting from it.
Local relationships are also managed very well.
According to the information from the only power in that region, Wan Qing Mining, by improving living conditions and creating demand, has firmly controlled the local comrce and trade sphere.
Continuously.
Purchasing goods from Huaxia and dumping them into the local African market. Initially, the governnt was ready to provide funding for Tang Qing if he was short of money, but unexpectedly, this was no trouble for Tang Qing at all.
At the start.
The scale was small.
Wan Qing Mining was paying in cash.
Later.
As the scale of imported goods grew larger, Wan Qing Mining started using acceptance drafts, and sohow obtained a huge credit line for acceptances from Standard Bank of South Africa.
With this.
There was no need to pay cash to suppliers.
Issuing comrcial acceptance drafts with a set period, usually six months, was sufficient. After six months, rchants could take the drafts to the bank for cash. If they really needed the money before that.
No problem.
It could be sold to the accepting bank at 98% or 97% discount.
Equivalent to the accepting bank earning a 3% service charge, on a one million draft amount, the bank earns thirty thousand, and upon maturity, the bank will claim one million from Tang Qing.
In other words.
This is like spending future money.
It’s a bit like a credit card.
First use.
Then repay.
This behavior.
Clearly, he doesn’t want to trouble the country or himself. Otherwise, if the credit acceptance were provided by a Huaxian bank, should trouble arise, it would be difficult to dissociate.
Regarding Tang Qing’s thorough consideration in handling affairs.
Every ti he returned ho.
Chai Ren always heard his father full of praise.
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