"Five percent? Hahahaha..." Fang Mingyuan couldn't help laughing, and Lin Rong, who was sitting and listening, pursed her lips as hard as she could, trying not to laugh out loud.

Fernan and Ajiasha were confused and had no idea what they said made Fang Mingyuan so ridiculous.

"Master Fang? Why are you laughing? Did Mr. Jacobs say something funny?" Agatha asked with a surprised look on her face.

Fang Mingyuan waved his hand and winked at Lin Rong. Lin Rong said knowingly: "Mr. Jacobs, Ms. Agatha, yesterday I had the first meeting with Mr. Masamichi Matsumoto, the representative of Nippon Steel Corporation's office in China.

Everyone had a great time during the meeting. Nippon Steel Corporation is also very concerned about our steel plant project and intends to undertake matters related to the import of our equipment. Mr. Masamichi Matsumoto also proposed that he is willing to apply for us and will

This project will be included in Japan’s yen loan project to assist China!”

Fernan and Agasha's expressions changed at that time! Although they did not know much about the specific situation of the aid project between Japan and China, this did not prevent them from understanding the news. As

Developed countries in Europe, aid to developing countries is an important part of Luxembourg's foreign policy! Although the amount of foreign development assistance included in the annual budget is mostly only two to three billion US dollars, Luxembourg's expenditure on this item has exceeded the United Nations average

Standard - accounting for 0.7% of the GDP of the aiding country, ranking among the top countries in the world. However, its aid has always focused on African countries. As the largest steel company in Luxembourg, Albeid Steel naturally does not pay attention to aid matters.

will be unfamiliar.

Fernand knew very well that most of the loans provided to developing countries like this were low-interest, long-term loans, and some could even last as long as forty years.

For Chinese private enterprises that make loans, it is undoubtedly a huge temptation! No, it should be said to be a fatal temptation! Compared with such conditions, the 5% profit concession mentioned by Albed Steel Company

, it’s completely nothing!

Fernan naturally didn't know that Fang Mingyuan had no intention of cooperating with Japanese companies from the bottom of his heart, so when he heard the news, he compared his feelings with his own, and an embarrassing result appeared for him - Fernan was very embarrassed.

He "accidentally" spilled the tea in his hand and happened to spill it between his legs.

The weather in the capital in May was already hot, so although people were not dressed as they were in July and August, they were still relatively thin and cool. The tea that Lin Rong had just brought was still steaming, and as a result, the key parts were watered down.

Ernan Jacobs jumped up at that moment.

It has to be said that Fernand is still a very dedicated person. After rushing into the bathroom to wash up for a while, Fernand sat back in his seat and just wrapped the coat that was originally hanging behind the door around his waist.

Judging from the corners of his mouth that twitched from time to time, it was obvious that the burn was not as insignificant as he showed.

Being scalded by boiling water was indeed quite painful and caused some embarrassment to Fernand, but at the same time it bought Fernand some time. When Fernand sat back in his seat, there was a look of surprise on his face.

It has completely disappeared, replaced by a confident smile.

"Master Fang, I, Albed Steel Company and Japan's Nippon Steel Corporation, are competitors of your project. Some of what I say below may cause some dissatisfaction with Master Fang, and you may also think that I am

I am deliberately belittling my competitors. However, I still want to say it because this is my true opinion!" Fernand said confidently, "Indeed, Mr. Matsumoto Masamichi proposed a very generous offer to you, and

Under this condition, it is impossible for me to obtain authorization from the head office in the short term. There are many reasons, one of which is very important is that your country is not an aid recipient of our country. If our company also wants to achieve this condition, then

It must go through countries that have aid relations with your country, such as the United Kingdom, Germany, and France. In this case, the procedures will be very cumbersome, and it will also be very time-consuming to operate. Therefore, if Mr. Fang attaches great importance to this condition,

Then I, Albed Steel Company, have no choice but to withdraw."

Fernand paused for a moment while speaking, his eyes swept over the calm Fang Mingyuan and the two, and then continued: "I admit that the Japanese government's yen loans have played a very important role in the economic development of your country over the years.

However, this does not mean that it has not had its negative side. As far as I know, after Japan signed the Plaza Accord with the United States, Britain, France, and Germany, the exchange rate between the yen and the U.S. dollar rose rapidly in 198

Five years ago, one U.S. dollar was still worth 250 yen. Less than three years later, the lowest exchange rate between the U.S. dollar and the Japanese yen even reached one dollar to 120 yen. That is to say, in such a short period of time,

, the yen appreciated by nearly 50%. During this period, it was also the period when your country was repaying previous loans to Japan. I heard that your government once proposed to the Japanese government that due to the sudden appreciation of the yen, your country would

It can be said that the repayment amount of the Chinese government has suddenly increased by half. This has completely lost the original intention of assisting China. The Japanese government is asked to consider reducing or exempting it. However, the Japanese government’s answer is that Japan has suffered the most from the appreciation of the yen, so for your

The Chinese government flatly rejected the request. In the end, your government returned the loan as promised, but the amount returned far exceeded the loan. This kind of thing deserves Mr. Fang’s vigilance!”

Fang Mingyuan listened calmly, but in his heart he was thinking about something completely opposite to what Fernan expected. As time went by, the Southeast Asian financial crisis continued to approach. Fang Mingyuan remembered clearly that in

In this financial crisis, not only the currencies of Southeast Asian countries depreciated wildly, South Korea and Japan were also severely affected. The Korean won and the Japanese yen depreciated by 30% and 17% respectively. If we say that during the financial crisis

By borrowing Japanese yen before the outbreak and repaying the Japanese yen after the financial crisis, you can get huge profits. And for Fang Mingyuan, this is a sure-fire business.

"And as far as I know, Japan's domestic commercial interest rates have dropped to one percent. In the long run, there is a possibility of further reductions. In this case, the Japanese government's loan interest rate to China is in its domestic range

, not only are they not low-interest loans, but they can be regarded as high-interest loans. Moreover, Japanese companies are responsible for contracting the construction of these aid projects, double exploitation to obtain profits. Even the country’s foreign aid policy, the Japanese have to make money from it, like this

Is Japan worth trusting?" Fernan said eloquently.

"Mr. Fernand, many things in this world cannot be explained clearly by reason. Just like European airlines, even if there is the world's second largest aircraft manufacturing industry like Airbus, they will also purchase some American Boeing or

The same is true for passenger planes produced by McDonnell Douglas. The yen loans provided by the Japanese are indeed higher than their domestic commercial loan interest rates, but compared with our domestic and other bank interest rates in other countries around the world, they are

It still has a lot of advantages. As for changes in the exchange rate, haha, I don’t think there will be another significant appreciation of the yen in the short term.” Although what Fernan said was very reasonable, it was also deeply appreciated by Fang Mingyuan.

Agree, but when it comes to negotiation, of course you can’t let the other party lead you by the nose.

Fernan smiled slightly. As a veteran of business negotiations, he naturally would not take Fang Mingyuan's words seriously. In business negotiations, in order to safeguard his own interests and seek greater interests, these are true.

If you were lying, your ears would be calloused. And he didn't expect to decide the destination of the equipment purchase order in just one or two negotiations. Today, he was able to formally get acquainted with Fang Mingyuan, and he also got information about Nippon Steel Corporation's offer.

The conditions were already very satisfactory to him.

Although the conversation between the two still revolved around the equipment procurement for the Fangjia Steel Plant project, the scope of the conversation became wider and wider. Fernand discovered that although Fang Mingyuan did not know much about the technological development of steelmaking, he had an understanding of the world.

He has a very clear view on the development trend of the steel industry, and it coincides with his own views in many places.

For example, both of them believe that for the steel industry in Europe and the United States, the development of crude steel has reached its peak and has begun to decline, but the demand for various special steels is still very strong. And both of them believe that,

Steel companies in European and American countries will see more and more factories adopt electric furnace steelmaking technology in the future, etc.

Fernan was secretly amazed that a Chinese who had not yet gone to college or studied abroad could have such a clear understanding of the development of the world's steel industry.

The old man who had worked in the company for many years felt ashamed. No wonder he was able to build a business family from scratch in such a short period of time on the land of China. It is no wonder that the Fang family would obey his command willingly.

The hour hand slowly pointed to eleven o'clock. Fernand felt that his first visit was almost over and he should get up to say goodbye. The phone in the back room suddenly rang. Fang Mingyuan smiled apologetically, got up and went into the room to answer the phone.

.

Fernand did not intentionally eavesdrop on Fang Mingyuan's conversation, but Fang Mingyuan spoke to the other party in English. During the conversation, the name "Bethlehem Steel Company" appeared several times, which immediately aroused Fernand's vigilance.

Bethlehem Steel Company was once the second largest steel company in the United States. Its predecessor was established in the United States in the middle of the last century. In the 1960s, Bethlehem Steel's annual crude steel output reached 23 million tons.

, the company's business involves steel, shipbuilding, iron ore and coal mine production, chemical products and non-ferrous metal ores and many other fields. It is a world-renowned large-scale steel company.

Although it is said that in recent years, Bethlehem Steel Company has become somewhat difficult due to poor management, thus terminating the steelmaking production of its Lackawanna plant, closing and selling some steel rolling mills and shipyards, the number of employees of the company

As a result, it has been reduced by half, but its steel production department still has nearly 20,000 employees, and its annual crude steel production capacity is still as high as more than 10 million tons. It is still an important steel production company in the United States!

At this time, the door of Fang Mingyuan's room was closed.

Fernan couldn't help but feel moved. At this time, when the name "Bethlehem Steel Company" appeared on Fang Mingyuan's phone, what did it mean?

He has been in the United States for many years and is not unfamiliar with the situation of Bethlehem Steel Company. Years ago, he heard that Bethlehem Steel Company executives intended to sell and close unprofitable enterprises in the company in order to improve the Burns Harbor plant and

The crude steel production competitiveness of the Que Point Plant. There are even rumors that Bethlehem Steel Company executives intend to sell the company's shipbuilding, coal mining and other departments, and terminate the production of construction profiles, so as to raise enough funds to invest in the construction of a new facility at the Que Point Plant.

Cold rolling mill. Later, he was transferred to China and focused on developing the Chinese market. Naturally, he paid little attention to the trends of these American steel companies.

Could it be that... Bethlehem Steel also plans to have a hand in this project? This idea suddenly jumped out of Fernand's mind, and then like the cute gopher in the game console, it lingered no matter what.

Don’t go. Bethlehem Steel Company, a skinny camel is bigger than a horse. Although Bethlehem Steel Company’s status and influence in the steel industry in the United States and even the world are far less than before, its century-long history is profound.

His heritage and strength are something no one can ignore.

It is no secret that Bethlehem Steel is short of money. It is also no secret that Bethlehem Steel intends to sell its steel mills and rolling mills. Although those plants are second-hand, the equipment is far from meeting the needs.

The degree of scrapping. If the senior management of Bethlehem Steel Company is down-to-earth in making quotations, its temptation cannot be underestimated. After all, everyone on earth knows that unless it is of collectible value, the price of second-hand goods will never be as good as new goods, even if

But it only stays in your hands for one day!

If Bethlehem Steel intends to intervene in this project, then Albed Steel will undoubtedly face a new strong competitor! Thinking of this, Fernand felt as if the sofa cushions under his buttocks were covered with overgrowth.

Spike, he couldn't wait to rush back to the office to confirm the movements of Bethlehem Steel through his friends in the United States.

This Fang Mingyuan, why does it take so long to answer the phone? (To be continued. If you like this work, you are welcome to vote for recommendation at ***(***.***), ***, you
Chapter completed!