Chapter 343 Carton Contract Extension
At this time, the dishes ordered were served, and the two of them ordered another rice wine. Wang Yiyuan smiled and said, "Manager Chen, we won't drink much today, so we will have to finish this rice wine, right?"
You still have to take a bus, can you drink? Manager Chen smiled and said, as long as you have no problem, I will accompany you to drink. In this way, you can try our Wuxi dishes first and see if you can get used to it?
Wang Yiyuan tasted every dish. As expected, each dish had a strong Wuxi flavor and a strong sweetness. He smiled and said, it seemed that the white sugar in Wuxi was very cheap, otherwise it would not have been added like this, as if it was not expensive.
However, visually, these dishes are very beautiful at least in terms of appearance, which can easily arouse people's appetite. The first thing to be affected is the sauce ribs, a small piece, with a red color, a rich aroma, a crispy bone, a rotten meat, and looks very similar to fermented bean curd meat, which is simply awesome.
There is also osmanthus candy taro, which is also a very good sweet soup. Osmanthus is very fragrant, and the glutinous taro and glutinous corn is too large, so it is a very large pot. The soft and glutinous osmanthus cake is fragrant.
While eating, Xiao Xiaoxiao said, "I think the best thing is the sauce of this pork ribs, which is salty, sweet and balanced. I think these dishes are all OK, and they are very sweet to my taste."
Wang Yiyuan and Manager Chen had a cup and said, "Do you continue the topic just now and let me study more?"
Manager Chen put down his wine glass and said that the price of GM's stock fell to only two dollars per share in November 2008. So GM's senior executives told the U.S. Congress that unless they receive bailouts from the U.S. federal government, they will not be able to pay the debts of its suppliers, fulfill their loan obligations, pay wages to employees and pay health care fees.
Wang Yiyuan said, haha, this seems to be a bit rogue?
Manager Chen said that it was a bit similar. However, General Motors eventually received $5 billion in bailout funds from the US government that year. However, it still suffered a heavy blow in the financial crisis in 2009 and fell into the shadow of bankruptcy. On June 1, it officially filed for bankruptcy protection in the court.
He said that in July last year, all legal obstacles faced by the restructuring were cleared, and "New General Motors" was announced to be established and renamed General Motors Co., Ltd., with the brand logo unchanged. After the restructuring, the US government provided assistance and held 500 million shares of the company, accounting for nearly 26% of the total shares, with a total investment of nearly 50 billion US dollars.
Wang Yiyuan greeted Manager Chen and said, if the government continues with so much money, wouldn’t General Company become a “state-owned enterprise” of the US government?
Manager Chen smiled and said, haha, there was this statement at that time, but it was inaccurate. General Motors was therefore nicknamed "government car", neral, ren. But please note that General Motors, which was taken over by the US government, did not become a so-called "state-owned enterprise" in China.
He said that because the US government only imported capital into it, although the equity was relatively large, it did not directly manage the company, and American officials would not be stationed in the company, but would continue to ask General Motors to come up with relevant revitalization plans.
Wang Yiyuan smiled and said, "I still don't quite understand why the government has used so much money to rescue an automobile company that is on the verge of bankruptcy?"
Manager Chen and Wang Yiyuan met with a cup and said that because it is well known that General Motors is huge in scale, it has built multiple branches and production factories across the United States and recruited hundreds of thousands of employees to work for it. Without General Motors, these employees can continue to be employed, which is undoubtedly the biggest social stability factor for the US government, which is committed to increasing the employment rate.
He said, "Think about it, hundreds of thousands of people suddenly rushed from the factory to the streets. How should they arrange this person during the economic downturn of the financial crisis? If such a thing happens, it will be a nightmare for the US government."
Xiao Xiaoxiao smiled and said, "You two big men should not only worry about international affairs, but also eat food."
Manager Chen picked up a dried yellow croaker and said with a smile that since it was a nightmare, the government naturally could not let such a thing happen. So when General Motors is in danger, the US government will definitely take over at any cost. Now General Motors has not fallen, and the US government's employment rate is much better.
Wang Yiyuan ate a piece of gluten with oil and said, after all, it was for himself, and the same was true.
Manager Chen said that in addition, General Motors is a giant in the American industry, with extraordinary influence, with many brands under its jurisdiction, and its annual production and sales of millions. In other words, when General Motors was in crisis, perhaps many people in the United States were using General Motors' cars, and 4S stores, dealers, car repair factories, etc. were closely related to General Motors.
Wang Yiyuan nodded and said, this is the reality.
Manager Chen said that in the face of such a huge enterprise that concerns the people of the United States, how can the US government let him fall and not help him?
He smiled and said, "If you save a universal lifestyle, the lifestyle of hundreds of millions of people in the United States will not be disrupted, and everything in the United States will continue to work. This may be the initial starting point and ultimate goal of the US government."
Wang Yiyuan thought about it and said, what you said makes sense. Just think about it, General Motors was originally the world's largest automobile company and has a century-old history.
He said, I think that if General Motors encounters another crisis in the future, the US government will still help again. In fact, the reason is very simple, because General Motors has penetrated into all aspects of American people's lives. The United States cannot do without General Motors.
Manager Chen smiled and said, that's why our company did this based on this, and the production situation will improve around May this year.
Wang Yiyuan and Manager Chen had another cup and smiled, General Motors would have come back to life, and your joint venture would have at least had soup.
The three of them laughed. Manager Chen said with a smile, "Manager Wang, you are very humorous, but that's the truth."
Wang Yiyuan thought about it and said, "I have another concern. The contract between our two companies is about to expire. What should I do next? Will I have to bid again?"
Manager Chen smiled and said, "You don't have to worry about this." There is one in our contract. If the supply is delayed due to Party A, that is, our company, the supply period will be automatically postponed after the contract expires. So you don't have to worry, the contract is still valid."
Before he knew it, it was almost two o'clock in the afternoon, and Wang Yiyuan went to Tangshan at 3:40. He looked at the time on his phone and said apologetically to Manager Chen, "I'm really embarrassed, I'm going to catch the train, so that's all I can do today. Next time we'll find another opportunity to have a good drink."
Chapter completed!