The Magician’s Memorial - Chapter 367
Only Krnovel
367. Poison apple (2)
The CEOs of large corporations were very careful people.
After all, how many things must he have experienced to get to his current position?
There was one easiest way to move those presidents.
I am stepping forward.
There were several presidents who would move even if I took the initiative and pretended to accept the US proposal.
“When you say land exchange, what area of land are you talking about?”
“We are not looking for a location in the metropolitan area. We are looking to exchange it for a golf course-sized piece of land located in Gyeongsang-do or Jeolla-do.”
“Is it okay to use the land as a warehouse? There is a large warehouse near Yangsan.”
I pretended to be genuinely interested.
In fact, Yongsan was a land not to be missed.
So, I erased the relationship with China from my mind for a moment and performed passionately.
“Chairman Kim, after building a new headquarters and a financial hub tower in Seoul, are you interested in land in Seoul again? Should you make a concession to our Charlotte Group this time?”
“I heard that there are many good sites in the Charlotte Group.”
It was Jin Ho-gyun, Chairman of Charlotte Group, who smiled at Ambassador Kang Jun-yong’s words.
The Charlotte Group was very greedy for land because they handed over the site for their new headquarters to us.
Moreover, since it seemed like they were going to hand over the land of gold to Taewoo Group this time, it was natural that they couldn’t help but step forward.
“There is a good golf course in Sangju. The neighborhood is quiet, so there won’t be any major problems.”
“Taewoo Group also has a good site in Gyeongsangbuk-do.”
“Chairman Kim, are you really going to do that? Make a concession this time.”
I slightly provoked Chairman Jin.
However, it was Chairman Jin who objected more strongly than expected, and just when I thought I could get out of the way.
“Hyundai Automobile Group also has a good site. It’s near Ulsan, so transportation is smooth.”
“Uh huh, Chairman Jang! Why are you doing this too?”
The current automobile group’s participation in the war.
Charlotte Group and Hyunjae Automobile Group had something in common.
Before returning, we built a nice new headquarters in Seoul.
In this life, they were two groups whose new headquarters site was stolen by Taewoo Group.
“I’m just telling you this just in case, if we provide the THAAD site, our relationship with China could deteriorate significantly. Are you prepared to do that? Don’t just say you’ll cancel the site offer, think about it a little more.”
“Chairman Kim, please think more. Isn’t Taewoo Group exporting huge quantities to China?”
Do you know how to make a bet at a gambling house?
Encouraging people to continue gambling was bound to arouse suspicion.
However, if you pretend to stop him with the right amount of strength, he will sit down at the gambling table on his own.
This was the reason why the story of relations with China was brought up.
It’s a big risk, so give up.
Taewoo Group has the ability to handle it, so we will exchange land.
I said these words to the two presidents.
It was also enough to touch the pride of the two presidents.
Shall we touch Hyeonjae Motors Chairman Jang’s pride a little more?
“The world’s largest automobile market is China. Didn’t Hyundai Motor Company sell more than 1.4 million vehicles in China last year alone? Are you okay with the fact that it performed more in China than in the United States?”
“Thank you for your concern, but I will take care of it. Currently, Automobile Group is ready to exchange land.”
Taewo, Hyeonjae, and even Charlotte Group.
When three companies in the top 10 came forward, other company presidents could not bear to raise their hands.
Why can’t I be greedy? However, there were so many prominent groups competing that it was impossible to get involved.
“Then we will compare the land owned by each group and make a decision.”
“Chairman Kim, are you really like this? Please make some concessions this time. And I will also ask Chairman Jang for a favor.”
“This is what I want to say, Chairman Kim. You are too greedy.”
Two presidents demanding concessions.
It was the situation I wanted, but that didn’t mean I could get it.
“We will compete in good faith. Wouldn’t the decision be made by the White House and the Blue House?”
“This is really too much. It’s great. Let’s go to the end!”
“Chairman Kim’s greed is endless. That’s good. I’m confident about the current car!”
The emergency convened meeting of the Federation of Korean Industries has ended.
The two presidents were very angry and quickly stood up from their seats.
I stood up at the end and blinked and signaled to Ambassador Kang Jun-yong.
It was a sign that things were going the way we wanted.
It also meant that a better site was obtained from the United States than expected.
* * *
After the Federation of Korean Industries meeting, I returned to work.
The head of planning and a president who had been waiting impatiently came straight to the office.
“How did it go? Did you have a good time dealing with the seasoned presidents?”
“Thanks to Ambassador Kang’s excellent acting, the work is progressing more easily than expected. Charlotte Group and Hyunjae Automobile Group have been actively responding to the land exchange.”
A president tilted his head.
The response was that the results were different from what was expected.
“Both Charlotte Group and Hyundai Motor Group are investing heavily in the Chinese market. But I don’t know why they are actively engaging in land exchanges.”
“That means they are greedy for land. Wouldn’t it be even more heartbreaking, especially since our Taewoo Group has built a stylish new headquarters?”
A president still isn’t convinced.
Because he had a habit of always calculating profits and losses in his head, he could not accept the reason for leaving Charlotte Group.
“I don’t think they’re moving like that just for the sake of the new headquarters.”
“There is a reason for the Charlotte Group. There has been a strong boycott of Japan in China since last year. The Charlotte Group has also suffered great damage.”
Charlotte Group was both a Japanese and Korean company.
That’s why we suffered two consecutive blows: last year with the Japanese boycott and next year with the anti-Korean ban.
“Since the Charlotte Group has suffered damage due to the Japanese boycott, are you planning to give up the Chinese market altogether?”
“They may have decided that since they have already suffered damage, there would be no difference in suffering a little more. And they may think that with help from the United States, the situation could change to their advantage.”
“That is very unlikely.”
“You don’t have to think too much about it. It’s not something we should worry about.”
It wasn’t Taewoo Group’s work.
There was no reason to worry about whether the Charlotte Group would fail in the Chinese market.
And there was a possibility that the site of the current automobile group, rather than Charlotte, would be selected.
“I thought too much about what other groups were doing. But if THAAD is really deployed, we will also suffer a big blow.”
“China will start a boycott of Korean products. They will be treated the same as Japanese products.”
“Automotive, electronics, etc. are expected to be hit the hardest.”
Taewo Group exports its products all over the world.
Most products were sold, with North America taking first place and China taking second place.
However, if sales decreased in the Chinese market, it was clear that Taewo Group’s sales would also fall significantly.
“We will suffer a lot of damage, but the amount of damage will be less than that of other large companies in Korea.”
“What are you talking about?”
“I don’t know if this should be considered an advantage, but in the case of the Apple car and Apple home appliances, China will not be able to impose sanctions. It will become a problem with the United States, not a problem with Korea.”
Taewoo Group was collaborating with several foreign companies.
That’s why a foreign company’s logo was attached along with Taewoo’s logo.
Foreigners often purchase products with the Taewoo logo without knowing that they are Korean products.
And the Chinese market’s love for Apple was unstoppable.
Not only the Apple Car, but also home appliances including Apple TV.
Because it was perceived as an Apple product rather than a product of the Taewo Group, it was expected that the damage to the Taewo Group would not be that great.
“It seems that there will definitely be no problem with the collaborative product. However, in the case of the original product made by Taewoo, there will be damage.”
“In order to minimize the damage, I would like to visit China in person and talk to high-ranking officials. Of course, this will not completely prevent the damage, but it will still reduce it a little.”
China has grown into the world’s second largest market.
China has become a completely different country than it was 10 years ago.
Therefore, we could not abandon the Chinese market right now, and we had to buy time until a new market was fully developed.
“I am concerned that the Korean industry is too dependent on China. If the Korean government is really enacted, Korea’s economic growth rate will decrease significantly.”
“Before that happens, we need to quickly pioneer new markets. Fortunately, sales in North America, Europe, and Southeast Asia are increasing, so Taewoo Group can handle it well.”
“······Is the reason why the Honorary Chairman lives in Southeast Asia related to this matter? You are the Honorary Chairman, after all. I thought the Honorary Chairman was in Southeast Asia just for the purpose of recreation. But to develop a new market. “You were investing your time!”
Did you say that it is more of a dream interpretation than a dream?
It was a CEO who misunderstood my grandfather’s resting in Southeast Asia as a sign of opening a new market.
Of course, it wasn’t completely wrong.
Thanks to my grandfather living in Southeast Asia, the Taewo Group was investing a lot in the Southeast Asian market, including Vietnam.
“Starting with this deployment of THAAD, the trade war between the U.S. and China will begin in earnest. There are about two years left until THAAD is deployed, so we must prepare well before then to absorb the shock.”
“China has already become the world’s factory. Even for the United States, wouldn’t it be a burden to start a trade war with China?”
“The United States will not avoid a power struggle. As China continues to make provocative moves, the United States will not be able to tolerate it.”
China has kept its head down until now.
However, after Xi Jinping took power, the movement changed.
Now, they were trying to make China the center of the world by implementing a policy called the Chinese Dream.
This was not the United States that would just sit back and watch.
It was clear that they would try to suppress China through a trade war.
And right before I returned, the trade war between the US and China was still going on.
“If two whales fight, Korea will explode.”
“Now we are pursuing neutral diplomacy and taking advantage of both the United States and China, but we do not have much time left for that.”
“What you’re saying is that in the end, you have to take sides.”
“Or will Korea become so big that it becomes another whale instead of a shrimp?”
Taewoo Group was, after all, based in South Korea.
If the situation in Korea worsened, the Taewo Group would also suffer a blow.
However, if Taewo Group grows into a huge global group, it will be able to support the Korean economy.
“For a shrimp to become a whale, it has to eat a lot of food.”
“Fortunately, there is food all over the place. How hard we work to eat it will determine whether we become a whale or a big shrimp.”
I already have both plans in place.
How to survive the US-China trade war from a shrimp’s perspective.
And how to become another whale and an axis of the trade war.
Of course, I wanted to choose the latter method, so I had to work even harder to grow bigger.