Jon said, "So, we believe that the current high price of iron ore is being artificially maintained. However, as China and other major steel companies compromise, such prices will gradually be accepted by default, and by that ti, we'll really have no chance."
Lin Chuan suddenly realized their plan, "So, you intend to act before they stabilize the iron ore prices and bring them down?"
"That's right!" Chen said excitedly, "This ti we're making a sudden move, and I think both the South Australian governnt and their companies will be caught off guard. Plus, their foundation was greatly depleted last ti, and although they have received supplentary funds from China in the past two months, it's far from recovering their previous losses. It's the perfect ti for us to act!"
Lin Chuan suggested, "If that's the case, we might as well contact dostic steel companies again and have them follow suit. As long as we can create a gap, they can make up for the short-selling, driving the iron ore prices down more sharply, and we can profit more."
Francis gave a thumbs up, "In your Chinese saying, this is 'great minds think alike,' we also had this idea and have already made contact in your country through Chen.
Lin Chuan finally understood. It seed their eagerness to draw him "into the fold" had a true motive hidden within!
However, this ti he was willing to be a 'pawn' for them, considering it would greatly benefit the dostic steel industry.
"Alright, I can use my relationships dostically to help you establish contacts, and we can all cooperate in action," Lin Chuan said with a smile.
After settling the matter, Francis and the others clearly beca more cordial towards Lin Chuan.
However, Lin Chuan wouldn't let them reap the benefits effortlessly and imdiately suggested they persuade so United States steel companies to participate in this action as well.
Although now the United States' demand for iron ore has significantly shrunk, it still plays an indispensable role in the international market. Plus, having forces from the United States involved could exert certain pressure on South Australia.
After brief discussions, Francis and the others felt there were no major issues, and both sides reached a consensus.
It's surprising that such a loose organization can coordinate such a significant action. Lin Chuan realized his previous judgnt of it was sowhat off; this society's organizational capabilities are indeed stunning.
Perhaps in the future, he could also leverage these organization mbers for his own benefit, of course, provided he can offer them sufficiently enticing prospects.
Anyway, establishing good relations is never a mistake now.
He's now quite familiar with "Chen." His earlier suspicions were correct; Chen is indeed of Chinese descent, though he lost his Chinese citizenship from his parent's generation.
His real na is Chen Zhenyang, operating an investnt company in the United States, which has grown to a modest scale—achieving "modest scale" in the financial kingdom of the United States is already slightly ahead of Lin Chuan's Sichuan University Group.
Of course, this superiority only pertains to investnts. If considering Sichuan University Group's strengths in the electronics and pharmaceutical industries, Chen Zhenyang wouldn't suffice.
Due to family connections, Chen Zhenyang also has so network relationships in East Lu Province, though unrelated to Coastal City for now.
Furthermore, Chen Zhenyang's personality is relatively outgoing and open, friendly, which aligns with Lin Chuan. After a few days of interaction, they have developed into friends.
Through the Red Tea Society, Lin Chuan has gained a clearer understanding of the United States' financial sector.
In dostic analyses of U.S. capitalists, there's a saying that they dare to go to extre lengths for enough profit.
This statent is sowhat biased. In fact, as a mature legal state, unless they can find loopholes at a legal level, most actions are more law-abiding than dostic enterprises.
Moreover, it's undeniable that a considerable portion of U.S. entrepreneurs are quite responsible, dedicating significant resources in the public welfare field and protecting their company's image.
However, if this comnt is applied to the financial sector, it isn't too unfair.
They rarely engage in illegal activities, yet they truly use any ans necessary for profit.
Of course, people like Francis are sowhat disapproving of such behavior; otherwise, its mbers wouldn't be relatively conservative investors—conservative relative to the mainstream in the current U.S. financial sector.
Many financial industry figures knowingly engage in higher leverage with significant risk, yet they still desperately sell those high-leveraged financial products, not rely for performance.
It's because once you're involved with such high-leverage financial products, you enter the gambling table, and if you want to avoid losing everything, you must keep upping your stakes until you've brought your opponent down.
The most ironic part is that even if you bring your opponent down, the losses and even debt defaults caused by doing so will damage the entire market, eventually dragging the winner down too!
There's a saying often quoted for those irresponsible people: "After I'm gone, who cares if floods engulf the world." But even these people have so foresight; at least they know the collapse mustn't occur until after they're gone, preserving stability as long as possible.
Yet the financial community people, blinded by short-term profits, completely ignore this massive risk, even deceiving themselves by hiring nurous financial experts to promote a prosperity never seen in decades.
Claiming that under "modern" and "mature" financial systems, the financial crises of the past have been fundantally overco. In other words, hurry into the financial market! It's a sure win! And although financial leverage is significant, it has been "scientifically designed" without any issues!
Over ti, they'll probably have obscured even their own eyes!
Having realized this, Lin Chuan decisively chose to limit interactions with the U.S. financial sector to just this Red Tea Society, absolutely avoiding deeper connections; otherwise, during a crisis, he might also get swept away.
The only pity is in the Japan market issue; he can't find allies for now, and relying on Sichuan University Group's strength alone cannot contend against Japan's national capital—it's after all, the second-largest foreign exchange reserve country following China.
At this mont, Lin Chuan lazily leaned against the bedhead, holding Tang Yung's snow-white body against him.
Here in the United States, they finally finished their business affairs and went out for a day of fun, unexpectedly encountering a cold spell in North Arica! The cold wave here in the United States is far beyond anything dostically!
Without east-west mountain ranges blocking it, the cold wave can directly sweep across the entire North Arican continent overnight from the polar regions! Leaving you unprepared!
Finally having so alone ti, it was like dry wood eting a raging fire. This long period of longing instantly erupted.
Lin Chuan caressed Tang Yung's smooth bare back, thoroughly enjoying this sensation, which psychologically stimulates so human gene, transforming one into a beast instantly.
After the passion subsided, Tang Yung's face was still flushed as she leaned against Lin Chuan and said, "Lin Chuan, I'm finding it harder to understand you now; it feels like you've turned into another person."
Lin Chuan was taken aback and asked, "Why do you feel that way?"
Tang Yung replied, "I feel like you've beco a thorough businessman."
Lin Chuan thought for a while, and laughed freely.
Yes, he had beco overly fascinated with rapid developnt strategies due to Sichuan University's previous rapid expansion.
"Yung, there's a truth in this world—only the strong rule, so only when Sichuan University is powerful will no one dare to target you. Therefore, I have to make Sichuan University strong," Lin Chuan gave Tang Yung a kiss and said.
Tang Yung gazed at Lin Chuan with deep affection, saying, "Lin Chuan, isn't our rapid expansion a bit too much..."
With that, Tang Yung paused, and Lin Chuan asked, "Oh? What's the matter?"
"It's about the steel companies last ti," Tang Yung said sowhat gloomily, "At the ti, people naturally sided with China, believing China's current monopolistic market position should suffice to pressure South Australia. Unexpectedly, it ended like this! I've never been embarrassed like that before!"
Lin Chuan feigned indignation, "What? They actually dared to let my dear wife suffer? They're lucky they don't bother living anymore. Don't worry, this ti I'll definitely avenge you."
Tang Yung saw Lin Chuan's antics and giggled, patting him, "Alright, stop clowning around. Rember that South Australia's two major iron ore companies are very powerful in their monopoly. If they indeed choose to hold, it's not that easy to bring them down."
"Hmm, I know; fortunately this ti we have many helpers. If it truly is as they say, the previous conflict has consud South Australia and its companies' funds significantly, then we have a great chance of succeeding this ti!"
"Hmm, I certainly believe in my husband's capabilities. By the way," Tang Yung seed to rember sothing and hesitated, "Lin Chuan, soone approached about sothing, but I'm not sure if I should tell you."
Lin Chuan was puzzled; Tang Yung usually isn't procrastinating, curious about what it was, he playfully said, "Go ahead, as long as it's from dear wife, I'll agree to anything."
Tang Yung rolled her eyes at him but felt sweet inside upon hearing this.
Lin Chuan smiled and pulled Tang Yung into his arms; the slick feeling reignited his fire, but he quickly suppressed it, saying, "Yung, it's not that I'm afraid of others knowing our relationship. It's that I'm worried they might exploit this relationship."
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