Chapter 468
Chapter 468
The North Korea-Russia summit was held in Vladivostok.
The North Korean leader rode a railroad and stepped on Russian soil, and the two leaders held each other’s hands.
After two days of talks, the two leaders agreed to build a railroad and gas pipeline through North Korean territory in connection with the Rajin-Hasan project.
As planned, the investment in this will be carried out in a way that the Russian government and a company will form a consortium, and the Korean government and a consortium formed by a company will take over the stake.
All responsibility for the business was to be borne by Russia.
At the signing ceremony, Chairman Kim personally appeared in front of reporters and said:
“Our republic has decided to independently and independently carry out the gas pipeline and railway connection project that Russia and south Korea want. This will be of great help to the lives of the people, and it can be said to be a new step in inter-Korean relations.”
Up to this point, everyone knew. However, the following presentation was enough to shock everyone.
“In the past, Japan committed irreparable crimes on the Korean peninsula, and many people are still suffering as a result. The Republic of Korea is planning to initiate the Claims Agreement with Japan in accordance with the San Francisco Treaty, and we urge the Japanese side to actively engage in this negotiation.”
* * *
The announcement of the North Korean leader in Vladivostok shocked the world.
All the elders reported this as breaking news, and NHK stopped regular broadcasting and organized emergency news and special programs.
In the midst of the hustle and bustle, another news flew in.
It is that Jin-hoo Kang, CEO of OTK Company, has decided to advise the North on the amount calculation and payment method!
I thought that Kang Jin-hoo was playing a role in inter-Korean economic cooperation, but no one expected it to be a Claims Agreement.
Reporters from inside and outside the country immediately packed up their cameras and microphones and rushed to the OTK Company headquarters.
As Kang Jin-hoo appeared in front of the front door, the reporters all asked questions.
“Is the North’s announcement true?”
“Did you really advise on the negotiation of the claim to Japan?”
“Has this been discussed with the Korean government in advance?”
“When did you make that decision?”
Among domestic and foreign reporters was Hideo Kuroda, a reporter for the Sankei Shimbun. He asked, shouting in a slightly slurred Korean.
“Why are you involved in negotiations between Japan and North Korea? OTK Company is not even participating in this project, so what qualification do you have as an advisor to North Korea?”
Kang Jin-hoo looked at him and said.
“Are you eligible? It’s the same nation. Do you need any more reason?”
At that, reporter Kuroda had an astonished expression on his face.
‘No, when is foreign capital?’
he shouted again.
“This is between Japan and North Korea. It is an act of exaltation for the representative to get involved here!”
“My maternal grandfather was born in Hamgyeong-do. According to a story I heard as a child, many people around my maternal grandfather were mobilized for the forced conscription of the Japanese imperialists and were taken to the battlefield, coal mines, and comfort women. Can you still say that I have nothing to do with North Korea?”
The Sankei Shimbun is Japan’s representative conservative press, and Kang Jin-hoo is a Korean who has the greatest influence on Japan.
Therefore, reporter Kuroda knew everything about Kang Jin-hoo’s family.
“Didn’t your maternal grandfather die when you were young?”
“Yes. He died when he was five years old. It is so shocking for a story I heard at a young age that I remember it even more clearly. If you’d like, I can tell you all day how much damage Japan did during its colonization of the Korean Peninsula. Do you want to hear it?”
“… … .”
At that, he shut his mouth.
It is a place where foreign media from all over the world gather. It was of no benefit that Japan’s past history was controversial.
This time, a CNN reporter asked a question.
“How much do you think the amount of claims against Japan is?”
Jinhoo Kang said as if his heart was aching.
“How can the damage suffered by the nation and its people as a result of Japanese aggression and forced colonial rule be converted into money? However, if a sincere apology is backed up, I think the compensation amount is around 100 billion dollars considering the circumstances in Japan.”
At those words, all the reporters were at a loss for words.
This is three times the GDP of North Korea, more than ten times the amount of trade, and is equivalent to 5 percent of Japan’s annual budget.
Even if you add up all the compensation that Japan has paid to the victims, this amount will not come out.
Kang Jin-hoo looked around the surprised reporters and said:
“I think everyone would be surprised by how small the compensation was compared to the damage. However, I think that North Korea and Japan need to make a big concession if they are to move forward into the future.”
* * *
[Jinhoo Kang claims 100 billion dollars in claims against Japan][Invoice submitted to Japan. What is the Japanese response?][How to calculate the amount of claim against Japan?][Exchange of opinions at the level of 10 billion dollars in the past North Korea-Japan talks. Is 100 billion dollars possible?][Reference to Kang Jin-hoo’s ‘reparation’. Was it intentional?]Jinhoo Kang’s remarks were enough to turn the Japanese archipelago upside down.
– Jin-hoo Kang is not an expert on North Korea, so what are you advising?
-When did you say you’re the twins of the world? Does it make sense to get advice from that bastard?
-Isn’t this just a fix to get more money?
-Why does Japan have to pay compensation to the North Koreans? Someone please explain
-All extensions were accomplished because Joseon wanted it! But now, what kind of money are you asking for? Rather, Japan should take the money!
-Chick show! How much more are you going to rip this time?
-Don’t give me a single yen! No more! Really no!
– Let’s go to war! War is the only answer! The Self-Defense Forces are the strongest in the world!
When Japanese netizens stood up, Korean netizens also did not stand still.
-Hey~ This time, I’m really relieved~
-Crazy hahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha
– At least 100 billion dollars! Jinhoo Kang looks really crazy lol
-I want to kill Yeon Kazaki after the earthquake. Ah! mistake. Okazaki.
– No matter what you do, you are bound to be beaten by Kang Jin-hoo.
– Hey, so you’re not going to use the OTK battery? Aren’t you going to do Lost Fantasy? Aren’t you going to watch porn?
-War? it sucks If war breaks out, you too are subject to conscription.
– The Self-Defense Forces are the strongest in the world hahaha Is there a Gundam in the Self-Defense Forces?
-When the war breaks out, Chief Cabinet Secretary Shinji Hayashi participates in the war aboard the first unit?
Netizens on both sides argued over the issue, and it escalated into a cyber war in which hikikomori, keyboard warriors, and fossils from both countries participated in large numbers.
* * *
The biggest issue in Japan recently was the bankruptcy of Technics.
An interesting fact is that the cause of Technics’ bankruptcy is Jinhoo Kang.
Until just three years ago, Technics had the world’s second largest battery market share. Technics exclusively supplied circular batteries to Nikola and established Giga Plant with Nikola.
Technics has a 40 percent stake in the world’s largest gigaplant plant built in Nevada.
The batteries produced here were to be supplied not only to Nikola, but also to other electric vehicle manufacturers.
A huge investment was made, but it was expected that the plant would be fully recovered once the plant was completed and started operation, and the stock price soared.
However, OTK batteries were made before the plant was even completed.
Lithium-ion batteries were first commercialized in the early 1990s. Since then, the capacity has more than doubled, but the material itself has not changed much.
But finally, a new battery using a new material is out in the world!
Karos’ new car equipped with OTK battery quickly dominated the market, and Nikola’s market share fell and Technics sales also declined.
Giga Plant, which was in partial operation with the explosion of Big One, was damaged and stopped, and Nikola went to work out.
Karos took over Nikola at the request of American politicians, but there was no reason to take responsibility for the Japanese company Technics.
The money invested in anticipation of an increase in market share in the future was counted as a loss.
As the loss snowballed, Technics even considered selling the battery division, but no company was willing to buy a prototype battery factory that had already lost its competitiveness.
Technics couldn’t stand it any longer and filed for bankruptcy. The home appliance and solar power sectors were torn apart and sold to China and India, and tens of thousands of people lost their jobs in Japan alone.
After Sharp and Toshiba, Technics, which once had a market cap of 4 trillion yen and the second largest in the electronics industry, went bankrupt, and Japan was engulfed in shock.
This was nothing but a clear indication of how influential the OTK battery was.
Technology, once advanced, can never go back. Thanks to OTK batteries, OTK Company has taken the lead in the electronics industry as well as the automobile industry.
Except for home appliances such as TVs and refrigerators, there are no electronic products that do not contain batteries.
Electronic companies around the world are in fierce competition to secure even a little more OTK battery supply.
In fact, even during the Korea-Japan trade dispute, it was the interruption of OTK battery supply that Japan suffered the most.
At that time, the Japanese government shouted to the international community that it was unfair retaliation, but that statement did not work when they first started trade retaliation.
In the end, as we all know, the Japanese government first raised the white flag, overturned its existing position and paid compensation for the judgment of forced labor.
The Auto Alliance, which was ambitiously promoted by Prime Minister Okazaki, was also practically broken.
Toyota, whose largest shareholder was reversed due to an order mistake at Nishida Securities, was engulfed in internal strife, and Japanese automakers, who looked out for each other, all reached out to Karos and requested the supply of OTK batteries.
However, with the exception of Carlos, GM, Ford, and Eunseong take the top priority, followed by European companies such as BMW, Peugeot, and Fiat.
Among Japanese companies, the voices of Volmen that they believed in the government and followed it and then practiced it broke out.
This hit was reflected in economic indicators.
Thanks to quantitative easing, which provided an unlimited supply of yen to the market, both growth and inflation, which had barely risen, fell back to negative.
The third-quarter growth rate announced last month was shocking. Credit rating agencies such as S&P and Moody’s have diagnosed the Japanese economy as entering a recession again.
It was difficult to estimate how much damage Japan suffered from one person after the earthquake.(Read more @ wuxiax.com)
Some experts estimate that the damage caused by a mistake in the order of Nishida Securities, the collapse of the Japanese stock market, the damage to the electronics and automobile industries due to the trade dispute, and the economic downturn combined, caused at least 20 trillion yen to 50 trillion yen in damages.
Who would have imagined that Japan, the world’s third-largest economy, would suffer so much damage to just one Korean?
At the very least, even among the right wingers, there were mixed self-help words about the defeat of the Japanese Empire to Kang Jin-hoo.
This was a fatal blow for Prime Minister Okazaki and the LDP, who had been calling for a strong Japan. After suffering defeat in the Nishida Securities crisis and the trade dispute, the slogan of a strong Japan is now nonsense.
Some of the right wing still shouted that we should recover the amount lost even in the war with Korea, but it was just an empty cry.
Among the LDP lawmakers, talk about reclaiming Toyota stock or suing the OTK Company was heard. Even the ministers of the Cabinet, who had never hesitated to talk about forced labor and the comfort women issue, kept their mouths shut.
As he had already suffered several times, he was thinking of avoiding friction with Korea and Gangjin-hoo.
However, this did not mean that he gave up the right-wing path.
Prime Minister Okazaki rallied his supporters in Japan, and hastened the movement for constitutional reform.
It has been his long-cherished dream to make Japan a normal nation capable of war by abolishing the peace constitution that prohibits holding an army and engaging in war.
The North Korean threat helped boost the approval rate for constitutional amendment, so Japan did not want inter-Korean relations to improve.
Prime Minister Okazaki could not hide his joy when North Korea launched various provocations such as missile launches after the breakdown of the North Korea-U.S. summit, and requested the South Korean government to even demolish the Mt. Kumgang facility.
But the happiness did not last long.
After Kang Jin-hoo attended the meeting, he resumed tourism to Mt. Geumgang and completed gas pipeline and railroad projects.
I am already watching with an uncomfortable feeling that the tense inter-Korean relations are moving into a mood of reconciliation. What is this?
Suddenly a bullet flew towards Japan!
An emergency cabinet meeting was held.
Prime Minister Okazaki exclaimed.
“Why is the claim to Japan suddenly coming up, and why did Jin-hoo Kang intervene?”
Foreign Minister Okamoto said in a sweat.
“It seems that the right to claim against Japan is being mentioned as a safeguard for inter-Korean economic cooperation. It seems that they are planning to carry out the claims agreement while the gas pipeline and railroad projects are in progress.”
“There is a risk of making public discussions about the issue of past history in the international community by referring to North Korea’s compensation issue.”
“Isn’t this the intention of re-establishing Japan-Korea relations?”
His anger was so intense that his whole body trembled, and blood in his eyes stood up.
Prime Minister Okazaki sharpened this.
‘After Gangjin, you bastard! Dare to use Japan for inter-Korean relations? How the hell do you look down on Japan?’
