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Chapter 770 The Spirit of the Contract

After lunch, everyone gathered on the balcony to enjoy the desserts carefully prepared by the pastry chef.

Unlike Easterners who are accustomed to discussing business at the wine table, Westerners prefer to discuss business in formal occasions or in a quiet environment.

Westerners have always emphasized the spirit of contract, although Western countries have always liked to cheat and not abide by the rules of the game. This was fully developed by the United States in later generations.

However, there are only interests at all between countries, and contracts are to be torn up in the face of national interests.

This is true between countries, but among the people at the bottom and in business cooperation, the West attaches great importance to contracts far beyond our imagination.

As for the reason, the reason is very simple. Many Western countries are developed countries, and the systems in these countries are very sound in all aspects.

What are the consequences of a sound system?

That's the rule

Everyone abides by the rules, but you don’t. Can you still have fun playing with others?

cannot

Therefore, under a perfect system, everyone abides by the rules and signed contracts must be fulfilled.

In addition to this aspect, another one is faith.

Most Westerners believe in Christianity.

In the eyes of Westerners, abiding by contracts is a matter of faith and the most important moral quality.

Therefore, Westerners will emphasize the spirit of contract.

Based on this, when Westerners discuss business, they always do it in a very sober state. Things decided by drinking cannot be counted.

Business is business, friendship is friendship.

Brothers, let’s settle the accounts clearly. Westerners can really do this, otherwise the so-called AA system would not have emerged.

"I invite you all to come here today. You must have guessed that I came to the UK this time actually at the invitation of Mrs. Thatcher to participate in the second round of privatization bidding in the UK.

I personally strongly support the reforms being carried out in the UK and am willing to accept Mrs Thatcher’s invitation to participate in the next bidding process for British companies.”

“The main reason for inviting everyone here this time is to establish an investment company, where everyone can join in the joint venture and participate in the subsequent bidding for state-owned enterprises.

The first company I bought, as you must have known from the newspapers, was British Aerospace. As for why it was this company, I need to explain this to you.

Due to the impact of the oil crisis, companies in European and American countries have transferred a large number of intensive industries to Asia in order to save costs, thereby promoting the economic development of developing countries in Asia.

In order to better adapt to market changes, I plan to establish a civil aviation company in Asia, a service-oriented airline."

"what does that mean?"

"This means orders"

“I need to make it clear to everyone here, that is, once this airline is established, in order to quickly occupy the market, if nothing unexpected happens, it will import at least fifty passenger aircraft per year.

Remember, I am talking about the minimum quantity. The Asian market is very large. Conservative estimates suggest that at least thousands of passenger aircraft of various types will be needed in the future to meet market demand."

"In other words, in the next ten years, British Aerospace will not face the problem of insufficient orders and losses."

"And I believe that the world's civil aviation will have great development in the future. British Aerospace has the foundation to manufacture the A300 passenger aircraft. This passenger aircraft is the only aircraft that can compete with Boeing in the United States today, so I am very optimistic about British Aerospace.

future development.”

Prince Charles was a little surprised and said: "Chen, you mean, you want to acquire British Aerospace because it can produce A300 passenger aircraft?"

Yang Chen nodded and said: "Yes, British Aerospace is a military industrial enterprise. It has advantages in aviation manufacturing that other airlines do not have. I am very optimistic about this.

However, since it is a military-industrial enterprise, if I were to bid in my own name, the result would definitely not be what I want to see.

In fact, I suggested to Mrs. Thatcher that the British Aerospace Corporation should be split into two and separate the civilian and military sectors, but this suggestion did not receive a response."

After hearing what Yang Chen said, Susan didn't think much and said directly: "I will tell my father about the joint venture after I go back. If there is any news, I will contact you as soon as possible."

"Me too (me too)" As soon as Susan finished speaking, Dale and Maxie looked at each other and said in unison.

The three women were born in the aristocratic class, and their vision is naturally longer than that of ordinary people. There is no doubt about Yang Chen's ability, not to mention that the other party is now at the peak of his power, and cooperation with them will be beneficial and harmless.

The other party just mentioned a joint venture. The specific investment amount depends entirely on the wishes of the family behind them.

Yang Chen also meant the same thing. He did not specify the proportion of investment, in order to keep the shares in his own hands as much as possible.

Involving the families behind Susan and others is nothing more than taking the initiative to find a few inspectors to calm the British government.

Of course, if the family behind them is more courageous, then Yang Chen will not refuse. The more money they offer, the deeper the connection between the two parties will be.

Since the founding of the United Kingdom, the aristocracy has been the richest, most powerful, and most charismatic class.

However, after the end of World War I and World War II, the aristocracy was gradually deprived of most of its political power. At the same time, the government significantly increased the amount of inheritance tax, making life for the British aristocrats increasingly difficult.

Nowadays, in order to make ends meet, many nobles open their estates to tourist businesses and support their families with tickets.

I have to say, this is sad.

Of course, these are just the plights of the middle and lower-class nobles. The strength of the families behind Susan and others cannot be underestimated.

As the saying goes, a skinny camel is bigger than a horse. How can the wealth accumulated by the nobles for hundreds of years be wiped out in one fell swoop?

Especially in terms of land, nearly half of the land in the UK is still in the hands of the nobles. These nobles rely on real estate development and rent collection to live a very prosperous life.

However, everyone knows that real estate consumes the most money. These nobles hold large areas of land and real estate, and it is difficult to realize it.

Nobles who lack cash flow, their wealth is completely unable to match those investment funds, their assets have shrunk from generation to generation, and they are not making money. I am afraid that they will imitate others and sell tickets that day.

Seeing Yang Chen's eyes looking at him, Prince Charles hesitated slightly and said: "I can personally participate in the investment, but the royal family doesn't want to get involved."

With Charles' words, Yang Chen knew that the royal family had made its position clear, and he was overjoyed, but he did not show it, "Well, I will send someone to register the investment company in the next few days, and I will notify everyone when the time comes."
Chapter completed!
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