Reborn Entrepreneurial Giant.

Chapter 194 Summer Davos

On September 2008, 9, the China Internet Conference was held in Nanjing. Qu Li refused to go and let Xu Lei and others go.The impact of the subprime mortgage crisis is so serious, how can I still have the time to attend a bragging conference!

Although Jumei is well-known and has a market value of less than 20 billion US dollars, Qu Li is a junior. He doesn't want to go there to recognize his eldest brother. He will only show off when he wants to be the eldest brother.

Well, it was actually the Summer Davos Forum held in Tianjing on September 9, and a leader called him to attend. He had to make some preparations and had no time to show off elsewhere.

Jack Ma has also arrived in Tianjing. It seems that they are the only two people in the Internet industry. There are also a large number of executives from multinational companies and central enterprises, as well as some powerful heads of private enterprises, including Zhang Yiwen.

Qu Li was inevitably asked about milk issues and his views on China's dairy industry. Mengniu President Yang, Lenovo CEO Yang Mou and others were also present.

"The milk issue is a moral issue, a management issue, and a business issue. Many business leaders, including me, are driven forward by the market and forget that business development must abide by objective laws..."

"Although the problem is serious, I believe that as long as market supervision is in place and industry practitioners work hard, they will eventually be able to overcome the current difficulties..."

"What do I have? Jumei does not sell milk powder not because of the quality of domestic milk powder, but because of the needs of enterprise development. 3C home appliances are the category where B2C e-commerce can best exert its advantages. We only started cooperation with Lenovo and it will take time to expand food……"

"Imported milk powder is sold now to meet consumer demand. Because of this crisis, domestic consumers' trust in domestic milk powder has dropped to freezing point, but the market demand is still there. You can't let your children go without milk powder, right?"

Qu Li's words were smooth and steady, with no explosive points. This was both disappointing and gratifying. The child had finally grown up.

"It is a bit difficult to raise real estate funds in China." Zhang Yiwen came to Qu Li's side

"why?"

"Lehman went bankrupt and international investment banks rushed to sell off real estate properties, including apartments..."

"Oh, there are too many people selling, so you don't dare to take over?"

"Ah."

"You can make up your own mind. I have thought about it. Except for personal use, I will not invest funds in real estate for the time being."

"You don't want to do long-term rental housing anymore?"

"I have never thought about doing this myself. If I have money, I can buy a residential building in the first-tier cities of Beijing, Shanghai, Guangzhou and Shenzhen, convert it into a long-term rental house, and get tax incentives..."

Now that house prices are falling, long-term rentals will have an impact on the real estate market, making it more difficult and almost impossible to get tax benefits.

"Then I'll think of a way. If it doesn't work, I'll announce the results." Zhang Yiwen

"You decide!" Qu Li didn't feel the need to intervene, and Andrew and others were not vegetarians.

"Are you so impatient?" Zhang Yiwen was upset.

"..." I thought about escaping from his control, but now I bite back.

"Then you should find a way to develop a long-term rental housing project!" Qu Li stared at her and said

"Okay, I listen to you~~" Zhang Yiwen suddenly turned from cloudy to sunny

Seeing Qu Li's confusion, Zhang Yiwen continued: "I met with the big boss who came to Tianjing for the meeting this time. I mentioned the long-term rental housing project and the original intention of doing it. He encouraged me to be brave and do more right things. Don’t be afraid of difficulties when doing things that are beneficial to the people..."

"Hey! I can't do it now..."

Qu Li looked at Zhang Yiwen's arrogant look and felt angry: "Just wait for me, I will teach you how to behave tonight."

"Come on, who is afraid of whom!" Zhang Yiwen was not to be outdone. Unless she didn't want to have children, she wouldn't be able to live comfortably for a few months.

Both of them have their own things to do. When Qu Li arrives in Tianjing, someone will naturally bring him and Ma Yun together, hoping to see the two of them get into trouble and create a conversation.But Qu Li still respects Ma Yun very much. Even though he said that 996 is a blessing, 996 in a major Internet company is a job that most ordinary people dream of. Most people in China should not be afraid of hard work, but afraid that the hard work is not worth it.

If 996 of major Internet companies should die, then 99% of Chinese factories should go to 18 levels of hell. Unfortunately, just like in TV dramas, there are no poor people, or poor people are villains. Most ordinary people actually don't get the attention they deserve.

"What do you think of the financial crisis in the United States, and will it have any impact on Jumei's Shopee?" Ma Yun, Qu Li, several Waiguo CEOs, and domestic economists sat together to discuss, and the host of Ying Zhong Guo hosted the discussion.

"The subprime mortgage crisis is still spreading. When I was discussing with my friend, he gave me a reference, saying that after AIG and Citibank are nationalized, the crisis will probably come to an end in the United States. As for the impact on Shopee, it is not very obvious. We still maintain rapid growth." There is no need for Qu Li to express himself, just say a few words of practical information, time will prove him right.

"Citibank is not like AIG..." Qu Li said it, and naturally some experts disagreed.

Qu Li was too lazy to argue. Opportunities were reserved for those who were prepared. The host quickly moved to the next topic: "Seeing that Tianming's Shopee is so successful in the United States, Ma Yun has any thoughts on accelerating internationalization?"

"It would be a lie to say there is no such thing, but Taobao is different from Jumei..."

It was the turn of the foreign CEO: "I think China can play a greater role, for example, it can acquire companies that are in trouble like Lehman..." Qu Li, who was criticized for being negative, was named again: "What the U.S. market lacks is not money, but money. Confidence, as long as more confidence is injected into the market, I think global capital will pour into the United States to compete for Lehman Brothers. In addition, central banks around the world are constantly cutting interest rates. There is a high probability that Europe and the United States will enter the era of negative interest rates. They have not considered the vicious currency. Expansion?"

"Without cutting interest rates or issuing bonds, the Fed has no other better means."

"Inflation is a problem that needs to be solved later, now..."

"Now it's China's turn to save the world. The low-priced goods brought to European and American society by the cooperation of e-commerce and China's manufacturing can curb the rise in CPI caused by inflation..."

Okay, tomorrow’s headline is here, Qu Li’s “Zhong Guo Saves the World!” " became the headlines of many financial media the next day, and he made a small splash in the limelight.

9月28日，伯克希尔哈撒韦旗下子公司中美能源以每股港币8元的价格认购2.25亿股比亚迪公司增发的新股，约占增发后总股本的10%。

Unlike the Vision Fund in June, this additional issuance still needs to be approved by relevant departments, and Buffett's world-renowned "famous reputation" has brought huge popularity to BYD, including high-income people who may choose BYD because of Buffett's investment. Products, in fact, this is the case. From 6 to 2009, BYD Auto's popularity soared, almost becoming the number one private car brand in China.

比亚迪2009年营收从08年的268亿飙升到395亿，2010年继续增长到467亿，2011年因为产品力和渠道等问题下滑到464亿，是吉利汽车的两倍还多。

On September 9, the CEO of Sino-US Energy came to Pengcheng to participate in the signing ceremony and held a press conference. It caused a sensation on the entire Internet. People everywhere discussed that Buffett, the world's richest man, actually invested in a Chinese company. Who is BYD?

Then Vision Investment became famous. This was the Zhongguo Investment Fund that invested in BYD before Buffett. Not only did it have an outstanding vision, it also had an inextricable relationship with Qu Li.

"Why are you everywhere?" Jackma called him to complain.

"Can you blame me?" Qu Li said innocently

On this day, crude oil finally plummeted again, with the price hitting $96.