Chapter 27 China, Japan and Korea

  The flight from RB Tokyo to San Francisco, USA entered night flight mode, and the lights in the cabin also dimmed.

  Most people put on black blindfolds and went to sleep. Yanai is no exception. Only Masayoshi Kishimoto couldn't sleep.

  It is not that he is too energetic, but that he misses the warm 1.8-meter big bed in his home. To put it bluntly, I just have a small problem with recognizing the bed and sleeping.

   Tired of reading the book, he folded a page into a small triangle, and then closed the book and held it in his hand, looking sideways out of the cabin glass.

  Kishimoto Masayoshi was chatting with Yanai Zheng in his head about South Korea, which was hit hardest by the Asian financial turmoil.

   He sighed in his heart that Korean dramas are fairy tales for adults, and they are basically deceitful. The actual life of Koreans is not hard, but really hard and hard.

  It is just that big, with a population of more than 50 million, and Seoul has a concentration of 20 million. I have studied geography myself, and I know that the Korean Peninsula is not mainly a plain, but a mountainous area, and the climate is cold.

   This is not conducive to the large-scale cultivation of food crops, as well as a large-scale mechanized harvesting. Objectively speaking, South Korea does not have much geographical advantages, and it is also under military and political pressure from the north. It is really good to be able to develop the economy.

   However, the huge price that the capital economic circle centered on Seoul has to pay is the high-intensity squeezing of ordinary people and the sacrifice of ordinary people.

  The total working hours of Koreans rank in the world in the whole year, which is also one of the best, much higher than RB people. In addition, they have to bear all kinds of huge pressure from society.

  You can get a glimpse of it from the college entrance examination in South Korea. It is said that "the third is good, the fourth is not good". This means that South Korean students who sleep three hours a day will be able to get into college, but if they sleep four hours, they will fail.

  If you want to be admitted to SKY University in South Korea, which is one of the three universities of Seoul National University, Korea University, and Yonsei University, in addition to paying more effort than others, either your brain is smart enough, or your family is good enough.

   The reason why these three universities are supreme in the minds of Koreans is not only because they are famous schools, but also because of the recognition of social class status and their own future development are closely related to this.

   Even love and marriage is a major audit indicator. In the past, the Chinese always said that RB's pedigree concept was heavy, and compared with South Korea, it was much lighter.

   And mainland China is the lightest, after all revolution has the benefits of revolution. However, before his own rebirth, the concept of blood in mainland China began to gradually resurface.

  Samsung, LG, Hyundai and other major Korean companies generally only recruit regular employees from SKY University. Kishimoto is well aware that the average annual salary of Samsung's regular employees in 20 years can reach 120 million won, which is nearly 710,000 yuan.

   With an annual income level of 710,000 RMB, you can live more comfortably in Seoul, support your family, pay for a mortgage, etc., and you will not be under pressure.

   In addition, ordinary Koreans with low and middle incomes account for the majority, and even paying the rent will feel a lot of pressure, and there are even news of suicide due to being unable to pay the rent from time to time.

   Besides, electricity in Korea is not cheap. Don't look at ordinary working-class people hanging air conditioners, it's not like they can use it if they want. This is often when the whole family is together, and the air conditioner is turned on.

  The villas in Korean dramas, high-end apartments and big houses, those are all luxuries that do not exist in real ordinary national life.

   This is not only in Seoul, but the international metropolis is almost the same. After all, it is completely in line with the economic laws. With more people and less land, it is bound to be like this.

   Masayoshi Kishimoto has no prejudice against Koreans, nor does he think they are Korean sticks. I have to say something, that is, the general view of their own nation on overseas Koreans is that those who have money are compatriots, and those who have no money are foreigners.

   South Korea is a country of nouveau riche, causing their chaebol family to break out all kinds of scandals from time to time. Samsung Group to Li Zaiyong, but only the third generation.

   Yataro Iwasaki, the founder of Mitsubishi Group like RB, started from the Meiji Restoration. When the Mitsubishi Group was defeated by the RB in World War II, it was dismembered by the Americans in various ways, and it was already the fourth generation.

  To this day, the Iwasaki family's direct and collateral lineages still have shares in the Mitsubishi Group. As little as 2%, and as many as not. They also have cross-shareholdings with each other.

   The Mitsubishi Group at this time, although it is no longer the first chaebol of RB like Yataro Iwasaki at that time, it is also a giant with 28 core large companies and 4,500 loose other companies.

  The Iwasaki family started from the first generation of Yataro Iwasaki, and it should be at least the sixth generation today. After three generations of wealth is blue blood, and a family like them has already entered the deep blue.

   Therefore, there has long been a complete family rule to regulate and constrain the words and deeds of family members outside. The members of the RB chaebol family are often particularly low-key.

   Kishimoto Masayoshi's current thinking is quite active. When he moved his body sideways again, he accidentally saw Yanai Zheng sitting next to him.

   I know very well that although Uniqlo is currently on the rise, it has not yet achieved economies of scale.

   If economies of scale are not realized, then it will not be able to achieve maximum reduction in various company costs, and actively grasp the bargaining power. Before maximizing profits, Yanai will need to expand Uniqlo for many years.

   When the time comes, the other party needs to raise a lot of money, and his various investments will already bear fruit, and there will be huge returns.

  For this reason, Masayoshi Kishimoto also understands that new troubles will follow. Getting up every day is not about making money like ordinary people, but about how to spend money.

  Money creates value only when it flows. Let it lie down and sleep, it will not add value. In addition, RB Commercial Bank has always had a tradition of maintaining 0 interest rate, sitting without thinking and wanting to eat interest or something, so don't have this dream as soon as possible.

   Instead of buying financial products from commercial banks, it is better to invest directly in projects by yourself, so that the return on profits earned is much higher.

  The corners of Kishimoto Masayoshi's mouth couldn't help but float upwards because he thought that others would not have their own unpredictable prophets for the next twenty years. All he has to do is do everything he can to achieve investment success.

   (end of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like