At the end of February 1998—

The entire Korean economy is shrouded in haze.

After the South Korean government announced that the country was officially bankrupt, the next day, on February 14, 1998, South Korea's second largest steel company, Hanbao Steel, declared bankruptcy because it was unable to repay the loan, thus opening the prelude to the bankruptcy of a large state-owned enterprise in South Korea.

In just one week, affected by the economic crisis, 11 of South Korea's top 30 chaebols went bankrupt, with well-known companies such as Kia and Daewoo being among them. Because many companies are unable to repay their debts, the operating risks of South Korea's banking industry continue to accumulate, and the banking crisis began to extend.

At the same time, banks began to shrink their loans due to debt problems and began to seek loans from major Korean companies. Toyo Group, one of the top 30 chaebols in South Korea, Hanjin Shipping, and Korean Air declared bankruptcy one after another.

Since then, six of the top 30 chaebols in South Korea have collapsed.

Seeing this scene, Samsung Group and LG Group couldn't help but be glad that Song Group, which chose to lose money and sell its company to Song Zhichao, is now in an orderly manner according to the negotiation results. Song Group has transferred 30% of the acquisition funds into Samsung and LG accounts, making these two major groups very lucky to have overcome this difficult situation.

The proud standing of the two major groups, Samsung and LG, has greatly inspired the Korean people who are suffering from economic crisis.

Because in the minds of the Korean people, Samsung and LG are almost their backbone. Many of their families, relatives and friends work in these two companies, and their food, clothing, housing, and transportation are also supported by these two major groups. Now these two major groups have not gone bankrupt or gone bankrupt, which means that the current difficulties can still be overcome - if they can pass, there is still hope!

...

Compared with Samsung Group and LG Group's standing firm in the South Korean financial storm, Song Zhichao, a giant from China, is about to fall.

To be precise, he was almost exhausted.

Since signing with Samsung and LG, Song Zhichao has been busy next.

After all, two major acquisition cases worth $5 billion are not just a joke, and he can't be a hand-off manager like in Thailand.

Even though Song Zhichao lazily threw many important and upset tasks to Qi Wanda, Zhu Fugui, Ma Dongxi and others, he still didn't have enough time and was busy from morning to night.

In just over half a month, Song Zhichao's body size has been losing weight.

In addition, his physical health has been seriously degraded due to constant social engagements and interactions with certain senior staff of the South Korean government.

It can be said that he spent these days in work day and night, while constantly drinking and chatting.

On that day, Song Zhichao received news that he had been inviting a senior official from Blue House who had not been invited and agreed to meet with Song Zhichao tonight.

It is actually the same when doing business anywhere. You must connect relationships and connect the upper and lower world lines.

This senior official from the Blue House is a crucial link in Song Zhichao's opening up the South Korean government's world line.

Before this, Song Zhichao asked Seoul City Mayor Kim Namkui and Congressman Zhang Taijun to inquire clearly.

This senior official, whose surname is Quan and whose name is Quan Wankui, served as the Minister of Foreign Economic Development at the Blue House, can be said to be "high and powerful". In addition, this person is also a legend in the Korean political circle.

Quan Wankui was originally from Busan, and was born in a humble family and sold vegetables in a vegetable market. Because his family was poor, he was always bullied and joked by other classmates at school, and was also looked down upon by many children from rich families.

Whenever Quan Wankui was guarding the vegetable stall to do his homework, the gangsters who collected protection fees came to collect money.

Quan Wankui didn't understand at the time that his family was so poor, so why did he pay these bad guys?

Every time he finished selling vegetables, he helped his parents clean up the stall and came back with a small truck, and saw the rich people wearing bright clothes and driving luxury cars on the road, and he looked envious.

At this time, his father would say to him: "Are you envious? Then you should study hard! If you don't want to sell vegetables in this shabby place like me and rot in the vegetable field for the rest of your life, then you must work hard!"

From then on, Quan Wankui knew that only through learning can one change his destiny.

Through hard work, Kwon Wan-kui took five judicial examinations in a row and was admitted to the law department of Seoul University. After graduation, he became the most valuable "prosecutor" in South Korea, and was also the "chief" among the graduated prosecutors that year. Therefore, he also received a "flat ruler" given by the president of the Procuratorate at that time.

As a student of the Procuratorate, it is an extremely glorious honor to be able to obtain a "square ruler" when graduation. Quan Wankui is also the seventh person to receive such honor among previous graduates.

It was also from that moment that Quan Wankui reached the first peak of his life. He then served as a prosecutor in the Central Procuratorate, and then he voluntarily resigned and began to work in politics when he was the most glorious of his prosecutor.

When he first entered politics, Kwon Wan-kyu started from low ground and became an assistant to the Seoul Grand Parliament at that time. He then successfully promoted from an assistant to a parliamentarian. From a parliamentarian to a Blue House, he became a secretary and promoted again. Until now, after South Korea declared economic bankruptcy, he was appointed as the Minister of Economic Development.

In South Korea, you must not underestimate the position of Minister of Economic Development. This position is related to the lifeline of the entire Korean economy. Even the leader of the top ten chaebols such as Samsung boss Lee Kun-hee, or LG bosses Gu Benmao, SK, Han Jin, and Lotte, he should give in to his politeness when he sees Kwon Wan-kui and call him "Minister Kwon".

...

That night—

The place where Song Zhichao invited Quan Wankui to meet was not at the Blue House, nor at the big hotel near the Blue House, but a unique Japanese restaurant near Cheongtandong.

This restaurant is located in a villa in Cheongdam-dong. It looks more like a private club overall. It is relatively hidden. Only a few Korean chaebols know that there is such a good place to go here.

Of course, Song Zhichao only learned about this place through the Samsung boss Lee Kun-hee. According to Lee Kun-hee, since President Song wants to take root in South Korea to do business, this kind of secret dining place is absolutely indispensable.

Although he didn't explain it clearly, Song Zhichao also knew what it meant.

This Japanese restaurant is decorated in luxury, with cherry blossoms all over the sky and artificial lakes. There is also a huge wooden water truck in the lake. In addition, there are crimson lanterns hanging outside the private room, and there are carved dragons and phoenixes inside and outside the private room. Even the aisles are painted with colored floors paved with pebbles of similar sizes and colors.

Overall, although this place is made in Japanese cuisine, the whole style does not pursue elegance like the Japanese, but instead has a kind of luxury that is full of luxury.

In fact, this is also related to the Korean personality.

Koreans are strong, and to be precise, because of their lack of background, they are very "strong" in both speaking and doing things - in fact, they just like to "bluff" no matter how they say it.

This personality is derived from life, and they have a preference for more expensive and gorgeous things.

South Koreans are so "snobbish". Women even sell themselves and buy branded bags; men even if they don't eat, they still buy branded suits. They dress up like movie stars, but in fact their families are so poor that they are very poor.

The VIP room has extremely luxurious decoration. The ornate chandeliers, soft tones, and colorful wall lights make people feel like they are in the banquet hall of the ancient Japanese king.

Guided by a beautiful waiter wearing a Japanese crimson cherry blossom kimono and red cheongsam, Minister Quan Wankui walked into this luxurious private room. Beside him was a man in a suit and ties, full of dignity, about fifty years old, full of energy.

However, Minister Kwon Wankui, although he was already fifty years old, did not look old. Instead, he was so majestic and more energetic. It probably really fits the saying, "Northern women and Korean men", which means that all North Korean girls are very beautiful, while all Korean men are very energetic.

When Song Zhichao saw the distinguished guest coming, he hurriedly greeted them and shook hands with the two. Minister Quan Wankui smiled and introduced, "This is my old friend and classmate Zheng Mengjiu, and he is also the new leader of the Hyundai Group, the largest automobile group in South Korea."

Zheng Mengjiu?
Chapter completed!