Rebirth of the Republic of China: The Story of the Chaebol

"By the way, there is something I haven't settled with you yet. Why would Jingwen want to get involved in the WTO?"

Sun Tong got very angry when he talked about this matter.

The so-called World Trade Organization was just something Sun Tong mentioned to his wife and sister when he was bored.

He didn't elaborate on this matter at the time. He just chatted with his family when he was bored.

But Sun Xiaoting was so good that she told her nephew directly about it as soon as he told them about this idea. There was really no delay at all.

"What's wrong with me telling Jingwen? Isn't it good for Nanhua to establish the WTO?"

"It's good, but the timing is wrong. But never mind. Jingwen is obsessed with contacting other countries now, and I can't jump out to stop him at this time. I can only leave it like this for now."

The time mentioned by Sun Tong was wrong, which naturally had his personal considerations.

In fact, the reason why Sun Tong is unwilling to establish the WTO now is because Nanhua has always had a trade surplus with various countries.

Now that Nanhua can successfully make money from various countries, there is no need for it to take the lead in doing this. After all, it is equivalent to giving money to others.

The key point is that after the establishment of the WTO, the most affected parties in Nanhua may be these large domestic conglomerates.

But Sun Tong also knew that if the WTO could really be established, it would be of great benefit to South China's small and medium-sized enterprises.

In the past, Nanhua’s foreign trade channels were basically controlled by large conglomerates, which meant that small and medium-sized enterprises in Nanhua could only do domestic business. But if the WTO was really established, these small and medium-sized enterprises could bypass the domestic conglomerates and cooperate directly with foreign companies.

Without these big domestic conglomerates acting as middlemen, wouldn’t life be easier for these small and medium-sized enterprises?

"Hmph, don't think I don't know what you're thinking. Jingwen has already analyzed it for me. Isn't it just delaying your making money? I say, brother, have you ever calculated how much money you have now? I'm confused. What's the use of all that money? No matter how much you earn, you only spend a little every day. If that's the case, then isn't the money you earn just some numbers to you?"

"You are lecturing me. How could I raise you and your brothers if I didn't make money? If I don't make money and something happens to the country, who will cover the entire country?"

Sun Tong glared at Sun Xiaoting unhappily. His sister was actually quite good in all aspects. Perhaps it was because he had protected her too well for a long time, so as the eldest princess of the Nanhua royal family, Sun Xiaoting had no political sensitivity at all.

"You have too much money. I just investigated the assets of Nanyang Heavy Industry Group (one of the six royal conglomerates) a few days ago. The total assets of the entire Nanyang Heavy Industry have reached 2 trillion South China Yuan. Brother, do you know what my expression was when I learned this number? This is the bottom of the six conglomerates. As a result, the youngest of the six conglomerates has assets of 2 trillion. This asset scale is almost catching up with half of our South China GDP."

The assets of the six major conglomerates have always been kept secret from the outside world. If Nanhua had included Liu Da's conglomerate when calculating its GDP, Nanhua's GDP would have probably exceeded 5 trillion long ago.

It is precisely because most of the assets of Liu Da Group are hidden, so although the outside world knows the name of Liu Da Group, everyone still does not have a clear understanding of the financial strength of these six groups.

In the eyes of the general public, it might be quite exaggerated for these so-called consortiums to have an asset of one or two hundred billion.

But how could they know that even Nanyang Heavy Industries, which ranks last among the six major conglomerates, still has total assets that are twice the GDP of the United States.

Speaking of GDP, after the 60s, the GDP ranking of nearly a thousand countries in the world has undergone a huge change.

First of all, South China, the richest country in the world, still ranks first in the world in terms of GDP, and is far ahead at 4.6 trillion.

After South China came Ugly Country. By 60, Ugly Country's GDP became the second country in the world to exceed one trillion. This figure was much slower than that of the other world. After all, the world situation was different, and there was South China, a country like a bug, pressing down on Ugly Country.

Today, the Ugly Country has long given up the idea of ​​becoming the global hegemon. In fact, it does not have the qualifications and ability to be the hegemon.

Therefore, the current global situation is still that the four major camps cooperate with each other and oppose each other.

As for the third place on the list, this position had always been occupied by the Russian Bear before the 60s. However, as Hans began to exert his strength, this position has now fallen to Hans.

With Hans moving up, the Russian bear naturally fell to fourth place, while the fifth place did not change much, it was still Longguo, but now Longguo's GDP has reached more than 3600 yuan. Longguo's GDP is more than six times that of the same period in history.

Starting from the Dragon Kingdom, the sixth to tenth countries are Gaul, Ying Kingdom, Rockefeller Kingdom, DuPont Kingdom, and Foot Basin Kingdom.

That’s right, after years of development, although the Rockefeller Kingdom and the DuPont Kingdom are still unable to compare with the major powers in terms of military, they are already at the forefront of the world in terms of economy. In this list, except for three European countries and two Asian countries, the remaining five countries ranked eleventh to twentieth are all from South America.