The flowers in the factory of rebirth are too fierce
Chapter 922: Comparable to a prince
In 1996, Siam's economy was in its final period of recovery.
Since the late 70s, Siam has been relying on manufacturing exports as its main mode to drive the economy. Throughout the 80s, due to the continued depreciation of the US dollar and the peg between the Thai baht and the US dollar, Siam's exports were unprecedentedly prosperous. Throughout the 80s and early 90s, Siam's exports Romania's economy is booming, with GDP reaching new highs. Therefore, Siam, the Philippines, Malaysia, and India are also known as the Four Asian Tigers.
In the 80s, ordinary families in Siam already had color TVs and refrigerators, while many places in China did not even have electricity at the same time.
This situation lasted until 1995.
Beginning in May 1995, the U.S. dollar index began to turn upward, and the U.S. dollar began to appreciate.A big blow to Siam's exports.By 5, Siam's export growth rate dropped sharply from more than 1996% to 20%, and Siam's GDP growth rate also dropped from nearly 3% to 10% in 1996.At the same time, due to the sharp decline in exports, Siam's current account deficit reached US$5.9 billion in 1996, accounting for 136% of GDP that year.
This laid the foundation for the Southeast Asian financial crisis a year later.
After Lin Zhiyuan got on the bus, he began to carefully observe the pedestrians and vehicles on the street.Everyone Lin Zhiyuan saw looked normal, and everyone was in high spirits. It seemed that the appreciation of the US dollar and the sharp reduction in Siam's exports had not affected the lives of ordinary people.
While Lin Zhiyuan was observing the street scene, Huang Bingren's secretary Huang Jiajun came to him and asked respectfully: "Mr. Lin, is this your first time in Siam?"
He knew that this young-looking Mr. Lin was the leader of the Leather Steel Trading Group.Based on his past experience in dealing with domestic enterprises, these leaders must be greeted well. The success or failure of the business depends on the words of these people.
Lin Zhiyuan had traveled to Siam in his previous life, and this was really his first time here. He nodded.
"Mr. Lin, you can come to me if you need anything while you are in Siam. My uncle said that Mr. Lin is the most distinguished guest of our Huang family. We must satisfy Mr. Lin." Huang Jiajun revealed two things in just one sentence. First, he is Huang Bingren's nephew, and second, the Huang family will try their best to satisfy Lin Zhiyuan's needs.
Lin Zhiyuan smiled at him.Huang Jiajun is very young, but he is very mature in his dealings with others and is a complete businessman.
Lin Zhiyuan chatted with him for a few words, mainly asking about the lives of ordinary people in Siam and the demand for steel in Siam.
Huang Jiajun is very talkative and can talk endlessly.
"Mr. Lin, the gap between the rich and the poor in Siam is quite large. However, I usually come into contact with Chinese circles and have less contact with other ethnic groups. Our Chinese life is pretty good because we Chinese are diligent, frugal and smart. , in Siam, most of the richest people are Chinese." When talking about his Chinese identity, Huang Jiajun's face was filled with pride.
It’s no wonder that Huang Jiajun is so proud. The top tycoons in Siam are indeed Chinese, such as the CP Group, which sponsors the "Chia Tai Variety Show", the Xu family, which makes beverages, the Su family, which makes wine, and the Xie family, which is in the retail industry.
With their hard work, thrift and wisdom, the Chinese own 15.00% of the wealth in Siam, accounting for only 70.00% of the population.In Siam, ethnic Chinese are a symbol of wealth and are automatically labeled as wealthy. In fact, ethnic Chinese not only in Siam, but also in the entire Southeast Asia, belong to the upper class of the wealth class.
The bus drove through the streets, and the streets of Slow Valley were still bustling with people coming and going, and you could see construction sites under construction everywhere, just like the last calm before the storm.
People here have no idea that danger is approaching them step by step.
Along the way, Huang Jiajun was courteous to Lin Zhiyuan, but he could not help but reveal a sense of superiority during the conversation. This is probably a common attitude of overseas Chinese towards the mainland in this era!
"Mr. Lin, Siam's current infrastructure construction is booming. Buildings are being built everywhere. There is a huge demand for steel. In fact, it is not just Siam, but the whole of Southeast Asia. I know that your leather steel industry is one of the best in the mainland. Enterprise, if you are willing to come to Siam to do business, you are guaranteed to make a lot of money." Huang Jiaju's face was full of enthusiasm.
Lin Zhiyuan smiled slightly. Although Southeast Asian countries have prosperous markets and rapid economic growth in the past 20 years, they are all export-oriented economies, dominated by light industry.But this cannot hide the fact that their economies started relatively late, their economic foundations are generally weak, and the development of science and technology industries, heavy industries, and especially the steel industry lags behind.
The steel production capacity in the entire Southeast Asia region is pitifully small, the structural imbalance of the steel industry chain is serious, and the iron-making production capacity is only a handful; steel-making is mainly based on electric arc furnace steel-making, and the production capacity is very limited. The entire Southeast Asia region accounts for 1% of the world's steel production. Less than %.
On the one hand, the domestic construction, manufacturing and processing industries are booming, and the demand for steel is increasing. The steel production capacity in the region simply cannot meet the demand, so large quantities of steel can only be imported.
As the largest builder in Siam, the Huang family has imported steel materials from abroad in recent years.
In fact, Huang Bingren has long wanted to import steel from the mainland, but in the past few years, the steel produced in the mainland could not meet domestic demand and could not be exported at all.
In recent years, with the expansion and capacity expansion of domestic steel companies and the substantial increase in production capacity, the export barrier has finally been opened. The Huang family took advantage of their Chinese identity to quickly contact Leather Steel, which was at the forefront of exports, hoping to import in large quantities. Domestic high quality and low price steel.
Therefore, this cooperation can be regarded as a hit-off, each getting what it needs.
"Secretary Huang, with your good words, I also hope that leather steel products can open up sales in Siam."
The bus passed through the urban area of Slow Valley and arrived at the Huang family's manor in the suburbs.
The members of the leather steel trade group saw the scene outside through the car window, and they couldn't help but exclaimed in surprise.
"Oh my gosh, this place is so beautiful."
"Look, is that an elephant?"
"Have we entered the zoo? Look, is that a peacock?"
You must know that the members of the business group are not country bumpkins who have never been abroad. They have traveled all over the country over the years and have seen a lot of the world, but they still couldn't bear it after entering the Huang family manor.
In the Huang family manor, with shady trees, carpet-like lawns, pavilions, rockeries and lakes, it is like the legendary imperial garden, and you can see green peacocks, white peacocks and even elephants everywhere.
Although these rich people in Southeast Asia cannot compare with the rich people in Europe and America in terms of assets, in terms of personal enjoyment, they all live a life comparable to that of a prince.
The head of the Huang family, Huang Bingren, the boss of Longjing Construction Company, personally stood in front of his five-story, pure white building, which was as luxurious as a palace, to welcome the leather steel delegation.
"Mr. Lin, welcome to Siam."
As soon as Lin Zhiyuan got off the car, Huang Bingren strode forward to greet him and held Lin Zhiyuan's hand tightly.
"Hello, Mr. Huang, thank you for your warm hospitality." Lin Zhiyuan looked at Huang Bingren.
Huang Bingren looks to be in his 50s, with black hair, fair skin, and no wrinkles on his face. At first glance, he looks like a pampered and wealthy man.
Since the late 70s, Siam has been relying on manufacturing exports as its main mode to drive the economy. Throughout the 80s, due to the continued depreciation of the US dollar and the peg between the Thai baht and the US dollar, Siam's exports were unprecedentedly prosperous. Throughout the 80s and early 90s, Siam's exports Romania's economy is booming, with GDP reaching new highs. Therefore, Siam, the Philippines, Malaysia, and India are also known as the Four Asian Tigers.
In the 80s, ordinary families in Siam already had color TVs and refrigerators, while many places in China did not even have electricity at the same time.
This situation lasted until 1995.
Beginning in May 1995, the U.S. dollar index began to turn upward, and the U.S. dollar began to appreciate.A big blow to Siam's exports.By 5, Siam's export growth rate dropped sharply from more than 1996% to 20%, and Siam's GDP growth rate also dropped from nearly 3% to 10% in 1996.At the same time, due to the sharp decline in exports, Siam's current account deficit reached US$5.9 billion in 1996, accounting for 136% of GDP that year.
This laid the foundation for the Southeast Asian financial crisis a year later.
After Lin Zhiyuan got on the bus, he began to carefully observe the pedestrians and vehicles on the street.Everyone Lin Zhiyuan saw looked normal, and everyone was in high spirits. It seemed that the appreciation of the US dollar and the sharp reduction in Siam's exports had not affected the lives of ordinary people.
While Lin Zhiyuan was observing the street scene, Huang Bingren's secretary Huang Jiajun came to him and asked respectfully: "Mr. Lin, is this your first time in Siam?"
He knew that this young-looking Mr. Lin was the leader of the Leather Steel Trading Group.Based on his past experience in dealing with domestic enterprises, these leaders must be greeted well. The success or failure of the business depends on the words of these people.
Lin Zhiyuan had traveled to Siam in his previous life, and this was really his first time here. He nodded.
"Mr. Lin, you can come to me if you need anything while you are in Siam. My uncle said that Mr. Lin is the most distinguished guest of our Huang family. We must satisfy Mr. Lin." Huang Jiajun revealed two things in just one sentence. First, he is Huang Bingren's nephew, and second, the Huang family will try their best to satisfy Lin Zhiyuan's needs.
Lin Zhiyuan smiled at him.Huang Jiajun is very young, but he is very mature in his dealings with others and is a complete businessman.
Lin Zhiyuan chatted with him for a few words, mainly asking about the lives of ordinary people in Siam and the demand for steel in Siam.
Huang Jiajun is very talkative and can talk endlessly.
"Mr. Lin, the gap between the rich and the poor in Siam is quite large. However, I usually come into contact with Chinese circles and have less contact with other ethnic groups. Our Chinese life is pretty good because we Chinese are diligent, frugal and smart. , in Siam, most of the richest people are Chinese." When talking about his Chinese identity, Huang Jiajun's face was filled with pride.
It’s no wonder that Huang Jiajun is so proud. The top tycoons in Siam are indeed Chinese, such as the CP Group, which sponsors the "Chia Tai Variety Show", the Xu family, which makes beverages, the Su family, which makes wine, and the Xie family, which is in the retail industry.
With their hard work, thrift and wisdom, the Chinese own 15.00% of the wealth in Siam, accounting for only 70.00% of the population.In Siam, ethnic Chinese are a symbol of wealth and are automatically labeled as wealthy. In fact, ethnic Chinese not only in Siam, but also in the entire Southeast Asia, belong to the upper class of the wealth class.
The bus drove through the streets, and the streets of Slow Valley were still bustling with people coming and going, and you could see construction sites under construction everywhere, just like the last calm before the storm.
People here have no idea that danger is approaching them step by step.
Along the way, Huang Jiajun was courteous to Lin Zhiyuan, but he could not help but reveal a sense of superiority during the conversation. This is probably a common attitude of overseas Chinese towards the mainland in this era!
"Mr. Lin, Siam's current infrastructure construction is booming. Buildings are being built everywhere. There is a huge demand for steel. In fact, it is not just Siam, but the whole of Southeast Asia. I know that your leather steel industry is one of the best in the mainland. Enterprise, if you are willing to come to Siam to do business, you are guaranteed to make a lot of money." Huang Jiaju's face was full of enthusiasm.
Lin Zhiyuan smiled slightly. Although Southeast Asian countries have prosperous markets and rapid economic growth in the past 20 years, they are all export-oriented economies, dominated by light industry.But this cannot hide the fact that their economies started relatively late, their economic foundations are generally weak, and the development of science and technology industries, heavy industries, and especially the steel industry lags behind.
The steel production capacity in the entire Southeast Asia region is pitifully small, the structural imbalance of the steel industry chain is serious, and the iron-making production capacity is only a handful; steel-making is mainly based on electric arc furnace steel-making, and the production capacity is very limited. The entire Southeast Asia region accounts for 1% of the world's steel production. Less than %.
On the one hand, the domestic construction, manufacturing and processing industries are booming, and the demand for steel is increasing. The steel production capacity in the region simply cannot meet the demand, so large quantities of steel can only be imported.
As the largest builder in Siam, the Huang family has imported steel materials from abroad in recent years.
In fact, Huang Bingren has long wanted to import steel from the mainland, but in the past few years, the steel produced in the mainland could not meet domestic demand and could not be exported at all.
In recent years, with the expansion and capacity expansion of domestic steel companies and the substantial increase in production capacity, the export barrier has finally been opened. The Huang family took advantage of their Chinese identity to quickly contact Leather Steel, which was at the forefront of exports, hoping to import in large quantities. Domestic high quality and low price steel.
Therefore, this cooperation can be regarded as a hit-off, each getting what it needs.
"Secretary Huang, with your good words, I also hope that leather steel products can open up sales in Siam."
The bus passed through the urban area of Slow Valley and arrived at the Huang family's manor in the suburbs.
The members of the leather steel trade group saw the scene outside through the car window, and they couldn't help but exclaimed in surprise.
"Oh my gosh, this place is so beautiful."
"Look, is that an elephant?"
"Have we entered the zoo? Look, is that a peacock?"
You must know that the members of the business group are not country bumpkins who have never been abroad. They have traveled all over the country over the years and have seen a lot of the world, but they still couldn't bear it after entering the Huang family manor.
In the Huang family manor, with shady trees, carpet-like lawns, pavilions, rockeries and lakes, it is like the legendary imperial garden, and you can see green peacocks, white peacocks and even elephants everywhere.
Although these rich people in Southeast Asia cannot compare with the rich people in Europe and America in terms of assets, in terms of personal enjoyment, they all live a life comparable to that of a prince.
The head of the Huang family, Huang Bingren, the boss of Longjing Construction Company, personally stood in front of his five-story, pure white building, which was as luxurious as a palace, to welcome the leather steel delegation.
"Mr. Lin, welcome to Siam."
As soon as Lin Zhiyuan got off the car, Huang Bingren strode forward to greet him and held Lin Zhiyuan's hand tightly.
"Hello, Mr. Huang, thank you for your warm hospitality." Lin Zhiyuan looked at Huang Bingren.
Huang Bingren looks to be in his 50s, with black hair, fair skin, and no wrinkles on his face. At first glance, he looks like a pampered and wealthy man.
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