After Halloween, it is Thanksgiving.

Because of the festival, the whole of the United States is filled with a festive atmosphere.

However, due to the economic crisis, East Asian countries are in a bleak state.

"Brother Tian, ​​do you think, when will this economic crisis pass?" Wang Qixian asked Xia Tian curiously.

"I don't know either." Xia Tian waved his hand.

Although this economic crisis was caused by Soros, he had no idea when the crisis could end.

It’s like a person setting a fire on the mountain, and at first it just burns a little leaves and branches, but when the wildfire really starts, it’s very difficult to extinguish it.

Now, even if Soros retreats immediately and stops sniping, the economic crisis will not be eliminated. It will take at least three to five years to get rid of the impact of this crisis.

Even for Southeast Asian countries, after suffering this setback, there may be no chance of making a comeback in the future. This is not difficult to understand.

In the 1980s and 1990s, mainland China and East Asian countries carried out economic reforms, opened their doors, attracted foreign investment, and received a large number of low-end industries transferred from developed countries, such as chemical industry, textile industry, clothing industry, home appliance assembly, automobile spare parts production, etc.

Because East Asian countries have taken greater steps in economic reform, such as relaxing foreign exchange entry and exit controls, relaxing the proportion of foreign equity holdings, allowing foreign financial institutions to conduct business operations in their own countries, etc., the attractiveness of East Asian countries to foreign investment at that time was even higher than that in mainland China.

However, as soon as the economic crisis broke out, the economies of these countries collapsed, and foreign investors found it difficult to continue operating here, so they had to be forced to transfer again.

Because the mainland of China suffered the least losses in the economic crisis and showed a responsible and great power style, a large number of foreign investors turned to the mainland. Therefore, during the Southeast Asian financial crisis, China's attractiveness to foreign capital not only did not decrease, but instead increased.

Of course, because Singapore, Hong Kong, Taiwan, Fusang, South Korea and other places have reduced investment in the mainland due to the impact of the economic crisis, which has caused a decline in the total amount of foreign investment attracted by the mainland.

However, investment from European and American countries showed an upward trend. Therefore, in 1996, the actual use of foreign investment in the mainland was still as high as more than US$40 billion, ranking first among all developing countries.

Mainland China is not only attractive to foreign capital, but also has cheap labor, a stable regime, and a huge domestic demand market, which also provides a good operating environment for foreign capital. Therefore, once foreign capital enters the mainland, it is difficult to leave again.

In this way, even if Southeast Asian countries get rid of the economic crisis and want to attract foreign investment again, it will not be so easy. Foreign investment will not abandon mainland China and transfer it to Southeast Asia again.

In fact, it was not until the new century that as labor costs in the mainland increased and industries upgraded, those low-end industries began to transfer to Southeast Asian countries again.

But at this time, the world's industry is undergoing its fourth revolution.

Artificial intelligence, clean energy, robotics, quantum information technology, biotechnology, virtual reality technology, etc. are the direction of future industrial development, and the added value is also the highest.

In the past, the profits of low-end industries have been extremely low. Just like the bicycle factory that assembles bicycles in the mainland, the profits of a bicycle are only a few cents.

Therefore, if Southeast Asian countries want to rely on these low-end industries to take the path of enriching the country and strengthening the people, it will basically be impossible to go. Moreover, with the development of technology, artificial intelligence and robots can now do a lot of work instead of humans.

For foreign capital, Southeast Asian countries, the most attractive cheap labor force can only be at a disadvantage in the face of the never-ending robot.

Therefore, if you miss the opportunity, you will miss it. It will be difficult to find it again.

...

"What should I do? If the economic crisis fails to pass, our business will be affected, right?" Wang Qixian said worriedly when he heard Xia Tian say this.

"It's affected, but it's affected by good things." Xia Tian smiled, "Since the financial crisis, our family has made nearly 200 billion US dollars."

"Really?" Wang Qixian was surprised when he heard this, "How is it possible? The economy is not good, and business should be difficult to do, right? I heard from my elder brother that the sales and exports of home appliances have declined in the past few months."

"The physical business is indeed a little depressed, but the virtual economy has made a lot of money." Xia Tian explained to Wang Xiaoxian, "I am now engaged in asset acquisitions in East Asian countries. The factories, banks, and real estate were originally worth billions and hundreds of billions. Now due to the economic crisis, they are all sold out at a low price.

I took the opportunity to pick up the bargains and bought them all. Once the economic crisis passes, the value of these assets will return. At that time, there will naturally be a large profit to make. This is to abandon me, buy low and sell high."

"If the economic crisis cannot be overcome, will your investment be in danger?" Wang Xianxian said worriedly after hearing this.

"Don't worry, as the saying goes, good luck will come. The economic crisis suffered by East Asian countries is indeed very heavy, but it is far from the point where the country is destroyed and the family is destroyed and the country is in decline. The population and land are still there, so there is the capital to make a comeback." Xia Tian smiled.

"So that's it. Brother Tian, ​​you are so awesome!" Wang Qixian felt relieved after hearing Xia Tian say it, and then worshiped him.

"Of course, otherwise how can you be your husband!" Xia Tian said proudly.

"However, I heard from a friend in Hong Kong call that Hong Kong is in a miserable situation now and is about to become a stinky Hong Kong. Many people are unemployed and cannot afford to eat, and many people are killing themselves." Wang Shixian said with pity, "Brother Tian, ​​since we have made so much money, why not help us."

"Well, Xiaoxian, you are kind-hearted. Actually, I have this plan," Xia Tian nodded, "But, you must also pay attention to methods and methods for help. Otherwise, if you want to fight Mien, you will not only not get a good reputation, but may cause trouble."

"It makes sense." Wang Qixian nodded when he heard this.

She also heard from her friends in Hong Kong that many newspapers criticized Xia Tian a few days ago, saying that he only knew how to help Tianxia Group employees get wages, but he didn't care about the lives of other Hong Kong people. He was a bad guy because he was rich and unkind.

After hearing this, Wang Xiaoxian felt wronged for Xia Tian. The money was earned by Xia Tian, ​​and it was his business. Whether he raised wages to workers, donated them to charity funds, or bought yachts and houses, it was his freedom, so why would he donate it? This is a bit too confusing!
Chapter completed!