Investor That Can See The Future

Chapter 277

The United States did not allow countries to challenge their hegemony.

The Soviet Union, which once divided the United States and the world, has disintegrated and disappeared into history. Japan, which had been economically chasing the United States to the waist, fell into a long-term recession for 20 years due to the Plaza Agreement (actually a one-way notice from the United States).

And this time it was China. For this reason, China was feeling a sense of crisis, considering this incident as the second Plaza Agreement.

However, even if the US is a hegemon, it cannot do everything it wants. Actions that are not supported by other countries will inevitably be stopped.

However, the majority of countries supported this event. It is because all countries have suffered from reckless patent infringement by Chinese companies. China’s power has been suppressed so far, but when the US came first, everyone started to speak up.

The NATO alliance, which once seemed shaky, is so strong.

On the other hand, the Chinese side did not have many allies. In neighboring countries, anti-Chinese sentiment was heightened by China’s unilateral expansion policy, and there was also a sense of crisis about China’s hegemony.

And in the original fight, it is normal to stick to the winning side. But now, doesn’t it look like the US is going to win?

Only the Chinese state media is saying that China will win.

Vice Chairman Wang Yi-chang said with a sigh.

“There is a saying in China that people struggle to gain face even after death.”

If they admit that they stole the technology through the backdoor, that means what their face will be.

Although it is an oriental culture that emphasizes face, China is particularly harsh. In a nutshell, they say, “Deng Xiaoping fed the Chinese, but Mao Zedong saved the Chinese face.” It means that it is more important to gain face than to eat.

Taek-gyu rubbed his eyes and muttered.

“No, why do people with such a high face value steal other people’s things?”

Li Suwei, vice president of commerce, and Wang Yichang, vice president of Commerce, who heard the words through an interpreter, were wrinkled, but did not respond in any way.

Commerce Director Li Suwei said persuasively.

“Don’t we also have a position? I hope Professor Kang understands. I hope it ends well, even considering the relationship between Korea and China.”

Vice Chairman Wang Yi-chang continued.

“Of course, I will show sincerity to the Zhoucha side.”

Even if compensation can be paid under other pretexts, does it mean that technology theft is not acceptable?

He tried to pretend to be calm, but he couldn’t hide his impatience. With the support of the Chinese government, Zhou Motors, which has grown to become the largest automobile company in China, is actively developing future cars and exporting them.

Taking over Volvo, Lotus, and Daimler AG with a large amount of money and buying stakes was a stepping stone for entering Europe. However, it is included in the sanctions and all export routes are blocked.

Acquired companies have shown a movement to distance themselves from the headquarters for fear of technology leakage, and the EU is also considering its own sanctions.

If the problem with Karos is not resolved, both investment and exports are bound to suffer. These concerns continued to drive the share price down.

I said with a smile.

“I think face is the right thing to do when you admit you did something wrong and apologize. Otherwise, there is no negotiation.”

* * *

Zhou Cha issued an apology.

It is said that some technicians have confirmed that they have stolen Karos’ autonomous driving technology. Zhou Cha announced that he would fire all those involved, ask the law enforcement agencies to investigate, and stop the JW8 release.

[Zhoucha admits to patent infringement by Carlos][Confirmed that JW8 self-driving technology has copied the technology of Karos!][JW8 full release discontinued][Technical Team Leader Wi Qinghong, Responsible and Resigned][Chairman Zhou Kai promises an apology and compensation to Karos]

It was unprecedented for a Chinese conglomerate to admit to patent infringement.

Until just before, Zhou Cha insisted that there was no technology hijacking, and emphasized that the JW8 is an autonomous vehicle made with China’s own technology.

However, when this word was overturned, the Chinese were engulfed in great shock.

-what? Did Zhou Cha really copy the Karos technique?

-Nonsense! No way!

– Please someone tell me it’s a lie!

-Is this the quality of the continent?

– I’m all out of whack.

– You’re ruining the face of the country. It’s a shame that we’re the same Chinese.

– I’d rather die! Apologize to all Chinese by taking your life!

However, such articles quickly disappeared.

Instead, articles with different contents began to appear as if they had made it.

-This is all because of US trade retaliation.

-I heard from an insider of Zhou Cha, saying that it was an inevitable choice to protect the country.

-The beginning was the problem of technology takeover of Zhou tea raised by Carlos. Jinhoo Kang brought up the spy chip issue to prove it, but it turned out that it was all evidence fabricated by the investigation of a Chinese institution!

– Whoa! Angry and sad! Kneeling in front of fabricated evidence!

-Hey, there’s been a lot of commotion internationally, but if it turns out that’s not true, I won’t have anything to say.

– It was a choice for the nation’s centenary, so I respect it.

-Every dignitary! Even if a deer is a horse, a deer is a deer!

– How is this different from the Gulf of Tonkin incident?

– In order not to face such injustice in the future, we, China, must develop more strength.

-Let’s work together for the revival of the Chinese nation!

– Zhou tea, cheer up!

– Don’t ride a foreign car. Let’s cheer on the Zhou tea!

Posting the Zhou tea logo and the five star red flags on Weibo has spread like a fad. Zhou Cha also sent out image advertisements emphasizing patriotism and ethnicity.

The Global Times and the People’s Daily also defended Zhou Cha, saying that it was inevitable to lift the sanctions.

Some intellectuals expressed concern about this, but it was not in the mood to speak out. In the midst of this, a famous Chinese actor posted a post saying, “Isn’t it right to steal technology?”

The reaction of other countries to this atmosphere in China was ridiculous.

I was amazed to see an article reporting the reaction in China.

“Lu Xun wasn’t a great writer for nothing.”

“Who is Lu Xun?”

“Chinese novelist. Do you know the novel called Ah Q Jeongjeon?”

Taehyung nodded his head.

“then. Does anyone know that?”

I was quite surprised.

“Have you read it?”

“I didn’t read it properly, but I know that the main characters there are the ancestors of keyboard battlers, mouth fighters, and follicles in the corner.”

“… … .”

That’s right.

Ah Q, the protagonist of the battle, where when he was slapped while arguing, he slapped him on the cheek with his own hand and then said, ‘I hit me, so I won’.

At the time, he said that Lu Xun was used to ridicule Chinese people who live in their own thoughts without knowing anything about the world… … Looking at it like this, it seems like nothing has changed since then.

“Anyway, you should get as much money as possible.”

Taehyung nodded his head.

“then. A real apology comes with money, right?”

The amount of compensation is being negotiated in the $1 billion range.

From the point of view of Zhou Tea, they have not been able to sell a single car, but they have to spit out about 1 trillion won. Measures will also be taken in cooperation with the US administration to prevent something similar from happening.

* * *

The trade war, which had escalated to the forefront of the G2, has softened slightly with the announcement of Zhou Cha’s apology. In fact, it was almost as if China had taken a step back.

President Ronald and President Zhang Pinghua agreed to hold a summit in New York.

The world’s attention was focused on New York, and I headed to New York with Taek-gyu.

A few hours before the summit.

We entered the hotel surrounded by Asian bodyguards. A thorough body search continued from the entrance.

After going through several stages of checkpoint and search, there was a man there.

Tall and broad shoulders. Moderately fat face. He was in his mid 60s, but he looked much younger than that.

This person is President Zhang Pinghua, the leader who leads a huge continent with 1.5 billion people.

He never thought in his lifetime that he would ever meet the Chinese President. It wasn’t awkward at all, even though it was the first time we met, because we had met many times through TV and newspapers.

In fact, he has a warm impression, like a neighborhood uncle.

The Chinese called him by the nickname Zhang Da-da (Uncle Zhang) and regarded him as friendly. He deliberately emphasizes a lot of commonplace and simple appearance.

However, this is only an appearance. He is a person who has completely changed the Chinese political system.

Deng Xiaoping, who came to power after the failure of Mao Zedong (Great Leap Forward and the Cultural Revolution), recognized the problems of a one-man dictatorship more seriously than anyone else. Absolute power corrupts absolutely. However, he cannot deny the one-party communist party system as long as he maintains socialism.

For this reason, Deng Xiaoping created a collective leadership system so that they could check each other over power within the party, and this has continued until recently.(Read more @ wuxiax.com)

What comes out of this is the faction within the Communist Party called the Prince’s Party, the Gongchengdan, and the Shanghai Bang.

The Prince’s Party is the descendant of the communist elders who fought together in the Great Campaign and the Civil War, and the Gongchengdan is an abbreviation of the Chinese Communist Youth Corps, which is widely comprised of young communist members and Confucianists. And, as the name suggests, the Shanghai Bang is a new force that has advanced into the central government centering on Shanghai. They are the beneficiaries of reform and opening up and the elites who lead economic development.

They controlled and cooperated with each other and led a huge continent.

They also took turns taking over power. The 5th President, Jiang Zemin, is from Shanghai, the 6th President Hu Jintao is from the Gongcheng Dan, and his successor, Zhang Pinghua, is from the Prince’s Party. Instead, Bo Xiaoyu of the public hearing group sat down as prime minister to balance each other out.

The reason Jiang Ping was able to become a president is because he was not particularly prominent from his youth. He didn’t go anywhere, and he didn’t make enemies. He was simply doing his duty silently.

When Zhang Pinghua became president after Hu Jintao, political experts predicted that he would be the person best suited to the collective leadership system and would lead China stably across various factions.

But that was just an illusion. (That’s why you shouldn’t trust the experts.)

Zhang Pinghua, who has gradually increased his power without realizing it, one day drew the sword of eradicating corruption.

He said, quoting Dubo’s poem.

‘A bamboo that has grown arbitrarily should be cut down at least 10,000 trees.’

Even though it was not reported in the media, corruption among the party’s high-ranking officials was serious. Whatever the intention, it was strongly supported by the Chinese.

Politicians’ necks were cut one after another by the blade of anti-corruption. The most representative case is the arrest of Fu Cheng, secretary of the Chongqing Municipal Committee and the head of the Crown Prince Party.

When he was overthrown, the Prince’s Party was completely in the hands of Zhang Pinghua, and other people from the Gongcheng gang and Shanghai were captured one after another.

But somehow, the blade of anti-corruption did not reach Zhang Pinghua’s aides at all, but only the opposition.

The only way to survive is to bow your head. When this happened, all the clan and all were busy lining up towards Zhang Pinghua.

In addition to the existing Prince’s Party, Gongcheongdan, and Shanghai Bang, experts have created and classified the Jiangping Flower System separately.

The Shanghai room was almost dead, and the public corps held their breath, waiting for Zhang Pinghua’s tenure to end. The president can be re-elected up to three times, and then the power must be handed over.

As the Shanghai room collapsed, it was certain that the next president would come from the public hearing.

By the way… … .

At the National People’s Congress, President Zhang Pinghua revised the constitution and abolished the term limit for the president. This made it possible to rule for life.

This meant that the collective leadership system that had led the great continent after Deng Xiaoping ended and Zhang Pinghua’s one-man independent system began.

Foreign media called him the Emperor Jang, in a sarcastic sense. Considering his current status and position in China, he would not be wrong.

President Zhang Pinghua smiled kindly and took my hand.

“Nice to meet you.”

I took the hand lightly.

“Nice to meet you. This is Jinhoo Kang.”