Chapter 784 Meeting the Future President of the United States

Chapter 784 Meeting the Future President of the United States

Chapter 784 Meeting the Future President of the United States
Morita Akio's words left his subordinates unable to answer. After a while, Morita Akio said, "I remember Honor is also cooperating with RCA, right?"

The subordinate reported: "Yes, they have built a factory in Hong Kong to produce color TVs. Their main sales channel is in the Commonwealth market, which is in competition with our factory in Canada."

"How is the market competition?" asked Akio Morita.

The subordinate said: "RCA is no match for us. Their products are still too expensive. As far as I know, RCA has to pay high patent fees to the Hong Kong joint venture factory. RCA controls the distribution channels, so even if they are produced in Hong Kong or Taiwan, their prices are still higher than ours.
In terms of technology and quality, RCA is indeed not bad, but its technology update speed is far slower than ours. I estimate that in a few years, the European and American color TV market will be dominated by our Japanese brands. "

"The Americans don't understand cost control at all." Morita Akio smiled and said, "But now we have production bases in Hong Kong and Taiwan. What I'm worried about is whether local brands will emerge in these two places in the future. Honor may become a strong competitor in our color TV market."

"That shouldn't be the case. Honor's cooperation with RCA also has a price. It cannot enter the European and American color TV market at will." asked the subordinate.

Morita Akio smiled and said, "In that case, I feel a little relieved."

"I think you value Glory Electronics too much." said the subordinate.

"Maybe. I just feel that with the speed of Honor Electronics' development, the future will be difficult." Akio Morita shook his head helplessly.

The year quickly came to 1977;
The sales of Walkman in Hong Kong continued to rise, and soon the demand exceeded supply. If you took it out to play, you would immediately become the most handsome guy in the crowd.
In terms of quality, no major problems were reported in about a month.

The North Point factory is also working 24 hours a day to prepare the production line in order to cope with the overseas market that may explode at any time in the future.

After Yang Wendong learned this, he felt relieved. Due to some business needs, he once again boarded a private plane to the United States, but this time he brought many family members with him;
"The children are fighting for a room~" Bai Yujie said helplessly.

Yang Wendong smiled and said, "After the renovation, the 737 can only have one bedroom. There is nothing we can do about it. When we have a chance in the future, we can go and take a look at the 747. That plane is big enough."

The Boeing 747 came out in 1969 and has been in service for several years;
However, Yang Wendong has not thought about changing it for the time being. It's not that he can't afford it, but although large aircraft are comfortable to sit in, when this kind of large aircraft first came out, there were only a few airports in the world that could take off and land. It is very specialized, and it is not convenient to buy it yourself;
In a few years, when most airports around the world have completed new facilities for the takeoff and landing of large passenger aircraft, he can consider it. At that time, his investment in the United States will also have a rich return. If he does not consume, he will still have to pay taxes. It is better to buy some properties, luxury goods, etc., some of which can maintain their value and some of which he can use himself.

"747? I rode it last time, it's really big." Bai Yujie said with a smile;
Su Yiyi asked: "Are you really going to change planes?"

Yang Wendong smiled and said, "Let's wait and see in two years. The bigger the plane, the better. Sometimes it's inconvenient, but the advantage is that you can go directly to the United States in one go, without having to find an airport to refuel on the way."

Every time a 737 flies to the United States, it needs to stop at least twice in Japan and Alaska to refuel. This is also a bad thing. Several hours will be wasted in between. No matter how the aircraft is maintained, landing and taking off are the times when safety risks are the greatest. This is also a bad thing.

Su Yiyi nodded: "Well, I think this plane is enough. The children are just a little naughty. Just let them play by themselves."

The next morning, the plane arrived in Los Angeles, and the Yang family checked into the Four Seasons Hotel;
The next day, Yang Wendong came to a villa in the countryside of Los Angeles and met Mr. Reagan, the former governor of California and future president.

"Hello, Mr. Governor." Yang Wendong smiled and shook hands.

Reagan also shook hands and said with a smile: "Mr. Yang, I am no longer the governor of California. Please call me by my name Reagan."

"Then please call me Eric." Yang Wendong naturally wouldn't mind having a slightly better relationship with the future president.

Reagan continued, "Okay, Eric, I like Li Xiaolong very much, and I also like the movie Jaws that you shot before. If it was 20 years earlier, I would definitely want to work with Li Xiaolong once. Chinese Kung Fu is really attractive."

"Mr. Reagan, your achievements have made countless Hollywood actors proud." Yang Wendong said with a smile.

Reagan is the only American president in history who started out as an actor, then entered politics, and successfully ascended to the top. The others are basically lawyers, workers, wealthy people, soldiers, and other groups;

When Reagan was young, he starred in nearly 50 movies, but that was a long time ago now and those movies are not well-known anymore.

Capable people can shine anywhere. After leaving Hollywood, Reagan first joined the army and became an Air Force captain. After retiring, he entered politics and eventually became the governor of California, a position that can be regarded as a high-ranking official in the United States.
Thanks to the explosion of Silicon Valley, California's economy also grew by leaps and bounds during his years in office, for which he received a lot of praise, which also laid the groundwork for his future successful presidential campaign;

Reagan said: "Haha, thank you for the compliment. I am old, but I still hope that Hollywood can have better development."

"Mr. Reagan, you are still very young in the political arena." Yang Wendong smiled faintly, "With your achievements in California, if you can become the President of the United States, it will definitely be more beneficial to the United States."

"It's good for America, but you're not an American? Or are you going to become a naturalized American, Eric?" Reagan asked.

His intention to run for the next president was still a secret among the general public, but it was basically known to those within the party. And as Yang Wendong was a top billionaire, it was not surprising that he knew about it.

Yang Wendong shook his head and said, "I don't plan to become an American citizen, but a lot of my business is in the United States, and I will have a lot of cooperation with the United States in the future, so I naturally hope that the business in the United States will get better and better."

"So that's how it is." Reagan nodded, and then said: "It doesn't matter if you don't become a citizen. You can get a US green card, which is also very convenient for international businessmen like you." "Well, I'll think about it." Yang Wendong did not directly reject it;

He would not apply for a green card, because once he got it, he would be considered half a US citizen and would have to pay taxes to the US government.
In this era, US green card holders need to report their taxes in the US, which is reasonable. After all, foreign capital also needs to pay taxes. There may be some differences in the amount due to different identities. Let’s not talk about this for now. There are always ways to avoid taxes.

However, no one knows which president will amend the law in the future, so that green card holders will need to pay taxes worldwide. This will kill many overseas green card businessmen. Moreover, in the Internet age, it is very difficult to hide income. Even Swiss banks have been forced by Americans to disclose many accounts.

If you want to cancel the card, the cost is very high, so high that many people cannot afford it.

Reagan didn't think much about it and asked, "Eric, I see that you seem to have invested in many Silicon Valley technology companies. You invested in Intel, right?"

“Yes, I invested in Intel and Apple.” Yang Wendong replied;

This matter will not become a top secret. Apple has become somewhat famous. If other investors want to invest again, the equity component will inevitably be revealed.

"Apple? The one that makes personal computers? You are really amazing!" Reagan said in surprise, "I have heard of this company too. The venture capitalists in Silicon Valley are quite optimistic about it."

"Haha, I'm lucky too." Yang Wendong said with a smile;
I don’t know if it was because of the $30 investment, but after getting the money, Apple developed rapidly and soon launched its first official computer, APPLE1;

This computer was exhibited at the San Francisco Electronics Show in October, and gained considerable fame and orders with its good performance and reasonable price.

Plastic factories in Hong Kong are also helping Apple produce plastic parts and sending them to the United States by air, saving Apple's energy on the supply chain. As a result, Apple's delivery speed has increased, gradually starting a positive cycle;

Reagan shook his head slightly and said, "Once might be luck, but two or three times is definitely impossible. Intel is now one of the largest chip manufacturers in the United States, and Apple is a future technology rookie. It seems that Eric's vision is really strong."

"Maybe." Yang Wendong was not overly modest. In front of Europeans and Americans, it might be better to show his strength appropriately.

In the past, many large technology companies were dominated by Indians in the management. This was because these Indians could not do the work but were good at bragging. All the companies believed that what they said was true. However, they did not expect that the Indians only cared about bragging and did not care about anything else. This kind of culture does not exist in Europe, the United States and the Chinese community.

Reagan asked, "Eric, can you help me analyze the current economic situation in the United States? How can we get rid of inflation? How can we increase employment?"

Inflation and employment are the two most core topics in the presidential campaign. Any president needs to do well in this regard, and this is also the most direct data for evaluating their abilities.

Yang Wendong thought for a moment and said, "The essence of the current inflation problem in the United States is that the previous oil crisis has caused a sharp increase in fuel costs. Unless oil prices fall, there is no better solution except raising interest rates."

The second oil crisis was about to come, and by then, U.S. inflation would only become more serious. Eventually, in the early 80s, the Federal Reserve had to maintain sky-high interest rates to suppress inflation. At its worst, the interest rate was close to 20%;

Because of this, a large amount of overseas funds returned to the United States, causing the economic collapse of South America, the backyard of the United States;
"Raising interest rates will lead to an increase in manufacturing costs. Many American manufacturing plants are already facing competition from Japan. Doing so will only increase unemployment on a large scale," Reagan sighed.
Although these people may not be that good, they are very knowledgeable about many issues.

Yang Wendong said: "Either we force the Middle East to lower oil prices, or we attract some overseas companies that make profits in the United States to build factories in the United States. There is basically no other good way."

This is exactly what happened in history. The United States could not do anything in the Middle East, so it had to take action against Japan. On the one hand, it forced Japanese auto and home appliance brands to build factories in the United States, and on the other hand, it used the patent stick to beat the Japanese.
But even so, life was still as difficult as a hundred feet, and it was only with the support of the United States that South Korea was successful;

But in the end, the local employment will still collapse as it should, Wall Street will profit from the huge shares of Samsung and other Korean chaebols, and eventually lead to the rise of rednecks in the future
"That makes sense. Eric, are you planning to build a factory in the United States?" Reagan asked casually.

Yang Wendong smiled and said, "My products only have a small share in the United States, so building a factory is useless. But if one day I can have a large share of the US market, I will definitely consider it."

It does not mean that all products cannot be produced in the United States. Some products with high tariffs and high transportation costs can be produced in Europe and the United States.

"Then I also hope that day will come sooner." Reagan raised his glass and said, "If I can succeed in the presidential election, I will definitely support overseas companies to invest in the United States."

Yang Wendong also raised his glass and said with a smile: "I also hope that the United States can welcome the next great president who can revive the American industry."

The old American industry will inevitably become hollowed out gradually, but it can still hold out for a while in the 80s, and various high-tech industries can also withstand the high wages in the United States;
Compared to wages, what is more fatal is actually the union;
The original purpose of trade unions is to protect the interests of employees, which is correct. However, when trade unions have too much power, they will become a stumbling block to social development.

A seesaw needs to have both sides balanced. If either side is too heavy, it will not work.

Many American companies moved away for this reason, not simply because of wage costs;
After chatting with Reagan, they didn't discuss any core issues. They were just superficial. After all, Reagan couldn't completely trust an outsider.

However, people may not believe, but money can. Yang Wendong arranged thousands of legal accounts in the United States, each with hundreds to thousands of dollars. As soon as Reagan officially ran for election and started fundraising, the funds in these accounts would be transferred to Reagan's campaign account.
The exchange condition is simple: in the future, his own industries in the United States will not be specially targeted;
Moreover, Yang Wendong himself is very cautious and will not get involved in very sensitive industries. In fact, his industries in the United States are mainly sales channels, electronic products, etc., which are emerging industries and basically do not affect the interests of traditional wealthy families.

PS: Ask for monthly ticket 4
(End of this chapter)