Font Size
15px

890: Chapter 60 Co, Watch the Fireworks 2 (9K is also K, too sleepy, will make up the missing thousand tomorrow)_4 890: Chapter 60 Co, Watch the Fireworks 2 (9K is also K, too sleepy, will make up the missing thousand tomorrow)_4 Sun Dongxin let out a sigh and said,

“Those people just love to ss around…

But I actually have high hopes for your cross-border e-comrce venture.

This industry is fiercely competitive, but once you succeed, the prospects are very good.

Platforms like Alibaba’s AliExpress and Alibaba International are included in this category, but they focus on serving overseas markets.

You, on the other hand, are targeting the dostic market, which coincides with the ongoing surge in Chinese consur spending.”

This statent, it sounds reasonable.

At the ti marker of 2019, Hua Country’s dostic outlook for the future was generally positive, comparatively speaking.

You could interpret it as, there are plenty of problems, but at the sa ti, there are nurous opportunities.

No one could have predicted what would happen next.

“I’m not overly confident, just giving it a try,” Cheng Daqi said modestly.

In reality, he was quite confident.

His core strategy boiled down to one thing: leveraging short video platforms for product promotion in combination with cross-border e-comrce.

The simple thods are often the most effective.

This approach has a multitude of drawbacks, but its advantages are quick results and good data, which are enough.

Anyway, Cheng’s plan was all about making a quick buck – get it off the ground and then sell to so sucker without aiming for long-term business managent.

“Speaking of which, Xiao Cheng, after you returned to Hua Country, you started by touring the new energy automotive industry with Arican friends.

Are you really planning to go into car manufacturing with Lao Jia?”

The relationship between Boss Cheng and Lao Jia was sothing Sun Dongxin couldn’t quite figure out, but he could tell that Cheng Daqi was serious about making cars.

After all, even without a car-making PowerPoint presentation, Boss Cheng had already begun laying out strategems in the automotive dia industry.

No PowerPoint yet, but marketing is already being prepared.

When it cos to planning several steps ahead, Boss Cheng is a pro.

“I had asked you earlier to introduce to people from Southeast Automobile.

My acquisition team is already negotiating with them.

Southeast has two car manufacturing licenses, both covering new energy vehicle production.

My idea is to buy one of them.

But Southeast is backed by the Southern Fujian State-owned Assets Supervision and Administration Commission.

Their thinking is rather…well, suffice to say, they hope to retain a minority stake in the new company after the acquisition.

As for Lao Jia…

Faraday Future is a nice asset, fairly well-known, decent track record, and the na has a nice ring to it.”

PowerPoint car making is all about the concept; the main custors, or rather the targets, are investors—it’s essentially about fleecing investors.

Cheng Daqi’s entry into the new energy automotive industry was certainly not about fleecing anyone.

He didn’t want to fleece anybody’s money; it’s not the goal here, but rather a by-product of the process in achieving his goal.

Essentially, it’s still about solidifying a particular montum.

The prospects for the automotive industry are exceptionally promising, and with Arica’s automotive industry declining, many developnts are foreseeable.

Globalization and anti-globalization are complex issues, but at their core, the rise and fall of specific car brands hinge on manufacturing capabilities and standards, costs, quality, technology, etc., all derivatives of manufacturing prowess.

The issues with Arica’s manufacturing industry are comprehensive, but Cheng Daqi, wielding Arican capital to incubate Arican car companies in Hua Country, faces less resistance than it appears.

Hua Country’s industry leaders would welco this new player with Arican heritage; many Arican capital groups would choose to put a few eggs in the next basket, even amidst intensifying trade conflicts—it’s reciprocal.

The Tesla Shanghai Gigafactory is the pri example of such mutual endeavors, but Tesla’s model is too unique, and Cheng won’t go that route.

SpaceX’s Musk may have his vision and dreams, but he’s too solitary in terms of benefits.

If he hadn’t moved his companies out of California, would he end up being tortured by Shamite vagrants?

When you play big, don’t you end up humbly going to Jerusalem to repent or shedding tears in Auschwitz, bowing down before the Shamite wanderers?

Isn’t that cheap!

Individual efforts are the main factor determining one’s fate, but such efforts can only ensure the lower bound; it’s the broader currents of the era that set the upper limits.

It is inevitable that Hua Country’s automotive industry will charge onto the global stage and reshape the landscape of the industry; no level of tariffs or trade barriers can stop the forces of technological progress.

If tariffs and trade protection were effective, how did World War I and World War II happen?

The logic above seems sound, and this is what Cheng Daqi would say to most people who don’t understand the intricacies, like Sun Dongxin.

But what Cheng Daqi discusses with Sandi and Giorgio is a different story!

Industry arrangents and diversified investnts, hedging bets on both sides, are basics.

The truly crucial points are not even these.

First principles look for the ‘root of the problem’; dialectics focus on the primary contradictions — the essence of the dialectical principle of unity of opposites is the eternal nature of struggle.

What defines the eternal nature of struggle?

In the context of modern civilization dominated by the capitalist order, given that the essence of the relations of production remains unchanged, progress in productive forces represents one of the answers to slowing the collapse of capitalist giants.

(Note, it’s only one—there are others, but my understanding has its limits, and I believe other thods are more complicated, thus I am reluctant to elaborate—fearing to invite ridicule.)

The vanguard of advanced productive forces is no longer represented by Arica, which is why so many Arican capital groups continue to bet on Hua Country despite the fierce trade wars between them.

For Cheng Daqi, the real challenge of car manufacturing is not about the hassle of buying licenses that he ntioned to Sun Dongxin at the mont.

You are reading My American magical life Chapter 890 - 890 60 Come Watch the Fireworks 2 9K is also K on novel69. Use the chapter navigation above or below to continue reading the latest translated chapters.
Share with your friends
Library saves books to your account. Reading History saves recent chapters in this browser.
Continuous reading

You may also like

No reviews yet. Be the first reader to leave one.
Please create an account or sign in to post a comment.