Rebirth in 1989: Creating the Chinese Technology Empire

Chapter 571 Clinton’s visit to China: The WTO came out ahead of schedule

Xu Dafei came back, but Xu Dafei left again.

Xu Dafei is very busy now. He needs the constant changes in the identities of Xu Zhongyi and Xu Dafei.

Whether it is Xu Dafei or Xu Zhongyi, their two identities are constantly expanding in their careers. In Hong Kong Island, Xu Dafei is a new chaebol, his business is getting bigger and bigger, and his business involves all aspects of Hong Kong Island. This is just a voice on the surface. Secretly Xu Dafei is the underground emperor of Hong Kong Island, controlling the underground order.

Since Xu Dafei took control of order, many people wanted to challenge Xu Dafei, but the final results were tragic. Either they died tragically, or they disappeared in the end.

Now Xu Dafei's underground forces are no longer limited to Hong Kong Island. They are very powerful in many places. Now Xu Dafei is very powerful in many countries in Southeast Asia. There is no way. The people in Xu Dafei's hands are too ruthless. They sometimes do things simply and rudely, and they are not willing to spend money. Others are no match at all.

As for Xu Zhongyi, the new Kokang King has 20,000 elite soldiers, and the Myanmar government troops dare not provoke him casually.

Time passed little by little, and finally the world's attention focused on China.

US President Clinton's official visit to China is a big event. This means that the relationship between China and the United States will improve.

Because of the Soviet Union, China and the United States spent a period of honeymoon period. However, since the collapse of the Soviet Union, the United States' attitude towards China has become different in the past two years.

Now, with the incident in Somalia, the relationship between the United States and China has become delicate again.

After Clinton came to China, he directly presented China with an irresistible temptation.

World Trade Organization, the United States and Western countries should take the lead in forming the World Trade Organization. In the original time and space, China did not officially join the World Trade Organization until the end of 2001, and then China's economy experienced rapid development.

But now, in order to stabilize China, the United States is pulling China together to form the World Trade Organization. In this way, China can join the World Trade Organization seven years earlier than in the original time and space.

In these seven years, China can develop faster. What China needs most now is to develop its manufacturing industry, turn itself into the world's factory, increase employment for the people, and allow more people to have a good job.

Unable to refuse, what Clinton brings this time is something China cannot refuse. Even if joining the WTO involves paying some price and agreeing to some harsh conditions, China must enter.

Not entering is equivalent to being squeezed out of this huge circle. Since the collapse of the Soviet Union, the leader of the world order has been the United States.

China is not yet capable of building its own world order. If it wants to make money, it must listen to their rules and follow their rules.

"Dear heads, we must join the World Trade Organization. Although they will set some harsh conditions for us, they will even try to disobey their own rules of the game in the future. But we have no choice. If we want to develop ourselves, we must follow their rules. The rules of the game come. If we in China want to develop our economy rapidly, we still need to vigorously develop exports in a short period of time, use exports to drive employment, use employment to drive domestic demand, and ultimately form a dual internal and external cycle..."

Xu Huasheng was invited to the mysterious courtyard.

Xu Huasheng definitely supports joining the WTO. After China joins the WTO, it will be more beneficial to China and Huasheng Group.

"It seems that we cannot refuse the price offered by the United States this time. Since it is good for us, let's talk seriously and strive for more benefits. We can make concessions on money, but on certain non-negotiable issues Go ahead and never give in.”

An old man said seriously, and the others nodded. You can make some concessions in terms of money, but some bottom-line matters cannot be refunded.

At present, the United States is only taking the lead in forming the World Trade Organization, and it is estimated that it will take a long time to negotiate.

Xu Huasheng knew that in the original time and space, the World Trade Organization was officially established on January 1995, 1. Looking at the timeline now, it is estimated that it will be the same as the original time and space.

"By the way, Xiao Sheng, this time the American representatives came and also made a request. They hope that your Huasheng Group can invest in chip factories in the United States. What do you think?"

The old man looked at Xu Huasheng again.

This time the U.S. delegation also put forward some conditions, one of which is that it hopes Huasheng Group can build a chip factory in the United States.

To put it bluntly, if Huasheng Group cannot be contained, then we should find another way to keep some high-end companies in the United States.

To be able to put forward this condition at this time is obviously a hint of coercion.

If Huasheng Group is unwilling to go, the United States will set even more thresholds for China to join the WTO.

"Chief, since the United States kindly invites you, let's go. But I heard that the American trade unions are more powerful and go on strike all the time. If there is a shortage of chip production due to strikes, then you can't blame me. I can afford to lose the factory's money... …”

As soon as Xu Huasheng said these words, everyone couldn't help laughing.

It takes a long time for a chip factory to go from investment to formal production. Especially in the United States, if you build a factory, you must have supporting facilities. Can you pass various assessments? You have to recruit workers slowly, right?

The efficiency in the United States is definitely not as good as that in China. From the beginning of investment to the final production of a factory, it takes two or three years.

If there are some people protesting in the middle, such as environmentalists or something, it will take even longer.

Even if it is put into production, the initial production capacity will not be high. If workers are dissatisfied with wages and go on strike, production capacity will be even lower.

In short, others do business to make money.

Xu Huasheng is the complete opposite. Xu Huasheng goes there just to lose money. Even if there are no obstacles, he still has to create some artificial obstacles.

Let the U.S. government see that this pie is here, but it just can’t eat it.

When the factory is officially put into operation, Xu Huasheng will also strictly control production capacity.

One word, procrastination, can procrastinate for as long as it takes.

Xu Huasheng acknowledged the money lost in the process. Rather than losing money, we need to keep the semiconductor industry chain in China.

The chips produced by this factory in the future will definitely be more expensive than those produced by China. If the price is high, the competitiveness will be low. If the competitiveness is low, it may not be sold. If it cannot be sold, it will have to reduce production. If it reduces production, it will have to lay off employees. If the performance is not good, ultimately will go bankrupt.

Invite Xu Huasheng to invest, no problem.

Xu Huasheng will use this investment to let the world see how bad the investment environment in the United States is. Let capital all over the world know that if you want to lose money, go to the United States and invest in industry. I guarantee that you will lose even your pants.

Using a chip factory to directly disrupt the investment environment in the United States is something Xu Huasheng likes to see.


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