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

Chapter 256 The Necessity of Market Opening

Sun Tong ignored the delegation sent by Ying Kingdom to Nanhua. Everything was decided by Sun Jingwen alone.

Compared with Nanhua, which is in a strong position, Yingguo still knows how to advance and retreat.

After all, it is not forty years ago now. At that time, the Ying people could show off with Sun Tong because they were still the famous British Empire.

But what is the Ying country now? It is just a ruined country. Facing Nanhua, the world's most powerful country, the Ying people have no bargaining power at all.

Fortunately, this time Nanhua did not intend to ask for too much. After the Ying people met several conditions of Nanhua, several new contracts between the two countries were signed.

In fact, the news that British products entered the South China market this time caused quite a stir internationally.

This is what all countries desire. In the past, due to the rules of South China, there were only a few capitals that were truly qualified to do business in South China.

Now, with the emergence of Yingguo as the vanguard, all that’s left is for everyone to follow suit. Will their domestic capital also be able to enter the South China market like Yingguo?

This is indeed the case.

Since the example of Yingguo, in the one and a half years before 70, South China reached agreements with a total of countries, opening up its domestic commodity market to them to a limited extent.

Some people may think that Nanhua’s behavior of letting other people into its own home to make its own money is stupid.

But in fact this is not the case.

First of all, opening up the domestic market this time is something Nanhua has wanted to do for a long time. After all, a closed market will only encourage domestic companies in Nanhua to be complacent. Only with competition can there be progress, right?

Secondly, Nanhua should also take into account the feelings of other countries. It is not possible that Nanhua’s products can enter other countries unimpeded, while the products of other countries are blocked by Nanhua, right?

That doesn't make sense.

This kind of thing is fine to do for a short period of time, but if it goes on for a long time and the resentment of various countries accumulates, it will be the biggest trouble for Nanhua.

Finally, and most importantly, Nanhua’s opening of the market this time is actually to enrich domestic commodity categories, promote domestic commodity transactions, and accelerate domestic capital circulation.

Nanhua has a complete industrial chain, but the problem is that although Nanhua can produce some things, the products produced have always been unsatisfactory.

Take fashion design for example, Nanhua is indeed very strong in this area, and the luxury brands that have come out of Nanhua are also very competitive internationally. What has driven the development of these companies is Chinese culture. Compared with those foreign countries, Nanhua naturally has unique advantages in this regard.

But on the other hand, do Chinese people really not like Western clothing designs at all?

If this were true, then the luxury brands that Sun Tong acquired in the West in the early years would not be so popular in Nanhua.

But there is also a problem here, that is, Nanhua’s enterprises are too greatly influenced by Chinese culture, which has also caused the brands that Sun Tong acquired in the past to be deeply influenced by this culture over the years. Although the products of these brands are still selling well in the West, people with a keen eye can still see the problem here.

So the question is to enrich the categories of goods. Now it has become a very necessary thing to open this part of the market to other countries.

This is true for the clothing industry and the jewelry industry as well.

For example, the construction industry, food industry, household products, decoration materials, furniture and home appliances and other things closely related to life, allowing foreign products to enter the local market will bring huge benefits to the people of South China.

As the economic and financial center of South China, Xingjiaopo may have reaped the most benefits from this opening except for Xin'an.

In just two years, there were more than 8,600 newly registered companies in the Singapore area, more than half of which were branches of foreign companies in South China.

The housing prices in Xingjiaopo were already frighteningly high. Affected by this incident, in just two years, the housing prices in Xingjiaopo increased by 80% compared to two years ago.

In order to stabilize the living quarters, the Xingjiaopo Municipal Government has allocated more than 30% of its reserve land for building houses. In this life, the total area of ​​Xingjiaopo is 23 times larger than that of its parallel world.

Even though the land allocated this time only accounts for 30% of the total land reserves, in fact the area of ​​this land has exceeded 500 square kilometers.

By using these lands to build three new districts, the housing shortage problem in Xingjiaopo will no longer bother the local government in a short time.

But except Sun Tong, no one in Nanhua would have thought that the real estate market, which they thought could last for decades, would be saturated in ten years.

The main reason for this is that these people underestimated the siphon effect.

This is not clear now, but in a few years people will find out that a city can actually accommodate so many people!

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