Chapter 2354 Close the factory and leave!
Although, Daxia crossed the river by feeling the stones, Nanhou crossed the river by feeling Daxia.
But the Southern Monkey's steps do not follow the principle of "steady and steady".
It took particularly big steps and was more radical than Daxia in terms of economy.
When it comes to economic reform and attracting foreign investment, the Southern Monkey Kingdom is unprecedentedly radical!
It not only allows private ownership of land, but also does not limit the proportion of foreign investment.
The Southern Monkey Kingdom has basically achieved the goal of never caring about where the funds come from, but only caring about where the funds go.
Because of his rebirth, Chen Mo knew that Nanhou Country Investment was a big piece of fat meat before the financial crisis, so after the Hong Kong stock market war, he sent people to plan Nanhou Investment.
At the peak of the Southern Monkey Kingdom, foreign investment accounted for 49.2% of the country’s total fixed assets.
Just think how horrible it is!
In a country, almost half of the assets belong to foreigners!
Almost all economic activities are controlled by foreign capital.
In this life, Chen Mo’s investment in Nanhou has reached a terrifying 20% of Nanhou’s total fixed assets!
This is much higher than the 18.1% level of developing countries in the East.
Low foreign investment means that the country is not attractive.
If foreign investment is too high... that would be a bit dangerous, and the country would be at risk of being controlled.
Take Nanhou's manufacturing industry as an example. Chen Mo has invested more than 3000 billion yuan over the years.
Taking inflation and capital increase into account, this 3000 billion investment has created a very large industry in Nanhou, with its output value accounting for almost 15% of Nanhou's GDP, a quarter of its exports, and nearly half of its smartphone production in the world.
Even though Pingguo and Sansang broke up with Chen Mo, the three parties still have an inseparable cooperative relationship.
If this continues, Chen Mo will definitely create a chaebol like Sansang in Nanhou.
Why is the Southern Monkey Kingdom so radical?
The root of the problem is that China was at war for the first 38 years, and after the war it completely missed the opportunity for industrial transfer and became a developed country.
Subsequently, the country was subject to economic blockade by the West for more than 10 years.
After seeing the economic boom and national strength of Daxia, the Southern Monkey Kingdom sighed and said, "I want to make progress so much!"
In 86, Nanhou launched a "reform and opening up" policy. Its top-level design cannot be said to be copied from Daxia, but it can be said to be exactly the same.
However, it took Nanhou several years just to unify the thoughts, and the processes were almost sorted out, but alas, it was already the 90s!
At this time, Daxia not only took advantage of the trend of industrial transfer, but also became more attractive to Western capital.
The Southern Monkey Kingdom has absolutely no advantages in terms of size, geographical location, or even policy.
I can only take over some low-end industries that Daxia doesn't want and make some hard-earned money.
Throughout the 90s, Nanhou's development path basically repeated the path taken by Daxia.
Although the country is developing rapidly, its foundation is too poor and its total economic output is still very low.
In 98, Soros' short selling of the Elephant Kingdom triggered an economic crisis. The little foreign exchange that the Southern Monkey Kingdom had saved was swept away by the financial tycoons overnight.
The national economy was halved and the GDP growth rate plummeted, so after 2000, the Southern Monkey Kingdom no longer blindly copied Daxia, but copied selectively.
When it comes to economic reform and attracting foreign investment, the Southern Monkey Kingdom chose to be radical and work hard to achieve miracles.
Thus, the model of land privatization and unlimited foreign investment was initiated.
It was during this period that Chen Mo began to lay out the industrial chain of the Southern Monkey Kingdom.
To be honest, Chen Mo’s investment in building a factory has brought real benefits to the Southern Monkey Kingdom.
Not only did the GDP growth rate return to 7%, but because of Chen Mo's face, the country joined the WTO last year.
But all this comes at a price.
The tax policy that Chen Mo enjoys in the Southern Monkey Kingdom is unprecedentedly low, which is incomparable to Sansang and Apple.
In addition, Chen Mo demanded that the Southern Monkey Country must adhere to a free economic market, but it cannot use the tricks of Sakura and Yin Yang Man to support chaebols, and it cannot use state capital to force high-tech industries.
Chen Mo learned this stuff from the foundation.
When the Foundation goes to certain small countries to reap the benefits, these are basically the additional conditions.
Therefore, in recent years, Nanhou's manufacturing industry has prospered, but high-tech breakthroughs have been basically zero.
This is also one of the reasons why Ruan Qingying was willing to offend Da Xia and fight Chen Mo to the end.
As long as Chen Mo fails, there is a high probability that he will sell Nanhou’s assets to repay his debts.
The Nanhou official has the right of first refusal.
As long as Chen Mo is killed, the global smartphone processing business will be directly handed over to the official Southern Monkey Country!
Ruan Qingying wants to take over Chen Mo's assets so that Nanhou can upgrade its technology and transform from a low-end processing powerhouse into a manufacturing powerhouse.
However, Chen Mo wanted Nanhou to become Daxia's blood transfusion station.
In fact, the conflict between the two parties was destined to be irreconcilable since the very beginning when Chen Mo started investing.
Southern Monkey Kingdom, Hongxing Electronics Factory.
At Chen Mo's suggestion, there have been rumors circulating at the Hongxing Electronics Factory since the power outage, that the factory is likely to go bankrupt and more than 230 million workers will lose their jobs.
That day, a group of workers squatted on the wall, smoking and chatting.
"Hey, do you know that the largest textile factory in the next city has only about 30 workers left recently, and the wages are intermittent."
"Is it Garmexsaigon? No way, that factory had more than 30 workers at its peak. How come they only have so few left after layoffs?"
"We haven't received any orders for several months. We had a chance to turn things around this month, but there was a sudden power outage, so GS transferred the orders directly to other countries and ran away in disgrace."
When they talked about this, everyone's faces looked obviously unhappy.
Garmexsaigon is the leading garment OEM manufacturer in South Monkey Country. It has five factories with a total of 70 production lines!
Last year, the company was awarded the third-level labor medal for its achievements in production and operation activities and caring for the lives of workers. In the same year, the company was also selected by Hubs as one of the best performing listed companies in the Southern Monkey 50 companies.
At that time, the GS workers walked with their heads held high, and everyone was thinking about a bright future!
Many Southern Monkey women are proud to marry GS workers.
Because marrying a GS worker is almost like marrying into a middle-class family.
Who would have thought that, all of a sudden, GS wouldn't work!
"Isn't it the same in our factory?"
A worker suddenly asked a question.
Then everyone fell into an awkward and long silence.
In order to ease the atmosphere, someone encouraged, "No, Moyuan Capital is our parent company, and Chen Mo is a man who can even defeat Ba Guo! There will be no problem with our factory."
At this moment, the foreman suddenly came over with a horrified look on his face:
"It's bad. The factory leader said the factory can't continue to operate. He said he wants to close the factory and leave!"
