Chapter 268
Chapter 268
After returning from a short vacation, I heard a story about how Taek-gyu cleared the Dungeon of Multi-level (?).
As I listened to the story, I remembered my relatives who had come to Dongtan’s house and insisted on giving me something.
After that, I thought I was living a normal life because I was quiet, so I guess I was doing a multi-level scam.
But there is something more curious than this case.
“So what happened with that girl?”
“Min Ha-young?”
“Huh. You loved it when you were in high school.”
Taek-gyu said with his arms crossed.
“That was a thing of the past. Now we are just classmates.”
“… … .”
Are you really not interested, or are you pretending not to care?
The media continued to report on the scam. The prosecution immediately requested an arrest warrant, and of course Ham Seok-hoon and Choi Nam-woo were arrested.
Ham Seok-hoon did his best to hand over all responsibility to Choi Nam-woo, and when he found out about his full story, he claimed that he had been deceived, but it was not accepted.
The fraud case that made the Republic of Korea so noisy seemed to be coming to an end, but another problem remained for me.
That is when her relatives, including her cousin Kang Mi-young, began to come to her mother again to ask for help.
Naturally, he refused to even meet him, but he continued to come, regardless. Even the feelings that I didn’t know how to be bothered began to fall.
Most of all, what the hell are you going to say to me when Nam-woo Choi was arrested?
I’m not suing, and I’m not judging. Do you really want me to take out my own money and pay compensation to the victims?
Relatives aren’t the only problem. It was already known here and there that her mother lived in a house in Dongtan. It’s because there are local residents I’ve known for a long time, and in the past, the Parents’ Union had been active (?) in front of the house for a while.
People in need of money and various charities came in line. She said that as far as her mother goes, it’s her son’s property, and she has no authority on her own, but she’s mostly reckless.
She does good things as the Underdogma says, and being underdog doesn’t necessarily mean being good.
There were people who chased after her to the level of stalking to make a donation, and there were people who lied down in front of the house saying that she could not return until she gave her money.
If they keep asking for money and they are rejected, people are killed and the environment is being destroyed, but they are accusing them of pretending not to know.
Anyone who hears would think it’s my mother’s fault that children starve in Africa and whales die in the sea.
Taek-gyu asked curiously.
“You mean Grandpa Warren Boat continues to live in the little house he bought a long time ago? Isn’t there anything like that?”
“Yeah.”
Still, Warren Boat lives in a small town. If you lived in a big city like LA or New York, wouldn’t it be impossible?
In fact, all places where people live are the same, so relatives and friends that you didn’t even know existed at the moment of success are popping up all over the place.
In the United States, according to state law, the face and real name of the lottery winners are disclosed (in order to show fairness and transparency by disclosing the real winners, but it is more like a ploy to increase sales). .
I went down to Dongtan with Taek-gyu and persuaded her mother.
“Even though there are many memories in this house, wouldn’t it be better to just stop moving now?”
It is enough to not allow entry into the building at all, and the house in Samsung-dong, where I live, is also very secure.
However, as this house was built as a general house, it is not suitable for security or security. So I bought the houses next to and behind and used it as a security building, but that has its limitations.
If there were no bodyguards, problems would have arisen sooner.
“Or, just for a while, stay somewhere else. I leave this house to the caretaker.”
Her mother, who had been contemplating her for a long time, nodded her head.
“Okay. Still, it was inconvenient to go to a nearby mart once people came to visit. I’d love to do that.”
“You thought well.”
He decided to slowly find a place to live, and moved to the Ceylon Hotel in Namsan, just like the last time.
When I asked her mother to take care of her, President Lim Su-mi had a meal together, and she said that she had someone to exercise, and she liked it.
* * *
The electric vehicle industrial complex plan has progressed steadily.
Seosung Electronics is the world’s largest IT hardware manufacturer. And Eunsung Motors is an automobile company with an annual production capacity of over 9 million units.
If OTK Company’s capital and technology are combined here, it can truly lead the future car field.
The location of the industrial complex was decided in Gunsan in Korea and Vietnam in overseas. The Vietnamese government even set up a dedicated department to expedite all administrative procedures.
On the contrary, the situation in Korea was sluggish. GM Korea announced that it would sell as soon as possible even when it closed its Gunsan plant on the pretext of worsening profitability, but when we said we would buy it, we could resume production later.
With the utilization rate of existing factories below 70%, that is not possible. It’s about trying to get a little extra.
However, we also had no regrets, so we said that if we do not proceed with the sale process within the set period, we will move the industrial complex to another location. Then, Gunsan City and the Korea Development Bank actively arbitrated.
Chairman Im Jin-yong said.
“According to our economic research institute’s judgment, it is possible to double the sales forecast from the current level.”
The electric vehicle plant in the US and the battery plant of TS Company are also near completion and are about to be produced, and Seoseong SB has started mass production of OTK batteries by changing the production line.
In addition to investment in industrial complexes, Eunsung Motors hastily converted domestic and overseas factories with reduced production to electric car factories.
Now that the production facilities are sufficiently equipped, all you need to do is make and sell them.
Taehyung smiled and said.
“The only thing left to do is make money.”
* * *
Beijing, China.
President Zhang Pinghua, who returned from talks with African leaders, received a report from Li Suwei, head of the Commerce Department.
It was about the electric vehicle industrial complex promoted by OTK Company.
“How threatening do you think this will be?”
“In terms of autonomous driving and battery technology, we are far ahead of our companies. If we don’t act quickly, it will be a huge threat.”
Automobiles are employment-intensive and technology-intensive at the same time. And, of course, industrially and militaryly, it is nothing less than a necessity.
Currently, the US, Germany, Japan, and Korea are leading the automobile market.
China has also spared no investment in automobiles since reform and opening up, but it only sold a lot in the domestic market and barely showed off in foreign countries.
China has nurtured the self-driving electric vehicle and battery industry by pouring massive subsidies from the government.
But once again, the United States fell behind. The biggest reason is OTK company.
OTK Company has secured two core technologies for future cars: autonomous driving and batteries by acquiring Karos and releasing OTK batteries.
Scholars from Peking University and Tsinghua University could not hide their surprise when they obtained and tested OTK batteries. The game was almost over when the capacity was doubled and stability was secured.
As a result, LFP and NCM, and existing batteries are all meaningless. Efforts in the past have been completely in vain.
President Zhang Pinghua said muttering.
“Even if it lags behind in the existing automobile industry, China must take the lead in the future car sector. Don’t you know what happened when China fell behind?”
“of course.”
Until the Qing Dynasty, China was a huge empire and the most powerful country in the world. However, while the Western powers grew rapidly after the Industrial Revolution, China fell behind the world. After that, there was a series of declines.
Opium Wars, Japanese invasions, Civil Wars, etc.
Eventually, the Communist Party won the civil war and overthrew Japan, and the People’s Republic of China was founded, but the Great Leap Forward Movement and the Cultural Revolution failed, and the country was again in crisis.
It was in the second half of the 20th century that China appeared in the world again. Since Deng Xiaoping’s reform and opening up, China has absorbed the world’s capital and technology at a tremendous rate.
Meanwhile, in 2008, the US financial crisis broke out. Real estate in almost all countries plummeted, and financial institutions went bankrupt one after another.
At a time when the world was in chaos, China came as a relief pitcher. While the United States was faltering, China continued to achieve high growth and led the world economy. And suddenly, Japan and Russia were overtaken, and G2 stood tall.
But it was just this far. The hegemony of the world was still with the United States.
At one time, many experts predicted that China would overtake the United States in 10 years. Even right after the financial crisis, there were not a few economists who made such a claim.
However, while the United States emerged from the shock of the financial crisis and shook hegemony again, China’s growth rate was gradually slowing down.
The Baoba (policy that protects the economic growth rate of 8%), which was represented by China’s economic policy, has long since been abandoned, and now it is difficult to guarantee 7% growth.
In the meantime, China has spared no expense in investing in its own companies and technology development to catch up with the United States. Thanks to that, it succeeded in catching up with most manufacturing industries, but the technology gap between IT and high-tech industries widened even more.
It was difficult to reverse this gap without special events such as natural disasters.
But to my surprise, the natural disaster really happened.
That’s Big One!
Finance and industry are the two axes of the economy. If New York’s Wall Street is the center of American finance, Silicon Valley is the cradle of American high-tech industries.(Read more @ wuxiax.com)
Big One completely devastated Silicon Valley. However, most of the people who worked there survived, and the companies there were also fine except for the loss of their buildings. And they moved and created Silicon Valley in another place.
President Zhang Pinghua clicked his tongue inwardly.
‘I wish they were all dead then.’
If it did, America’s industrial competitiveness would have retreated 10 years. And the inside of America must have been engulfed in chaos.
Taking advantage of that opportunity, there is a great chance that China will rise again as a global leader. However, Big One only confirmed once again why the United States is the most powerful country in the world.
‘Even if it wasn’t for Kang Jin-hoo… … .’
If you think about it, China was not the only one who suffered a loss from the earthquake.
Before the Big One occurred, OTK Company purchased huge amounts of steel, copper and cement from Chinese companies at fixed prices.
But after Big One, raw material prices soared. In particular, steel and copper prices more than doubled.
Iron ore and mineral prices soared, and Chinese companies suffered huge losses rather than profits.
However, the contract could not be broken. This is because Kang Jin-hoo handed over all the supplies to the United States.
Unless the other party is a single company, it is impossible to break the contract with the US government.
Even though the price was adjusted to a level that managed to avoid a loss by assessing that it could go bankrupt at this rate, it was a missed opportunity for companies to make big profits.
Zhang Pinghua stock looked out the window.
As always, the Beijing sky was gray. Due to the fine dust, the building on the opposite side was not clearly visible.
“Can’t we attract OTK Company to China?”
Li Suwei said.
“We will contact you from the Zhoucha side.”
The country that produces and sells the largest number of electric vehicles in the world is China, not the United States. The country where Yenphones are sold the most is also China, not the United States.
No company will be able to abandon the huge market of China.
* * *
I had an unexpected guest at work.
He was a middle-aged man in his early 50’s. His characteristic was that he was very short in stature. He looked less than 160 centimeters even though he was wearing heels.
Although he was small in stature, the wrinkles on his face showed the skill he had experienced before and after childbirth.
He took my hand and spoke in hard English.
“Nice to meet you, CEO Kang Jin-hoo. This is Wang Yi-chang, Vice Chairman of Zhou Motors.”
