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Chapter 618 Indonesian fire

Chapter 618: Indonesian fire

When Sun Jingmeng was sent back to the Conservatory of Music, Sun Jingmeng did not say that she would return her shirt to him. Zhang Ke naturally could not take off her clothes. Instead, he had this idea and rode back to Dongda University. Du Fei and Mengle were still drinking in the teaching staff cafeteria, so he went to drink with them. As the saying goes, the same temperament, Du Fei and Mengle had a very happy conversation.

It will be quiet in the next few days. Sun Jingmeng will be busy with the decoration of the bar. Du Fei said he would prepare an Internet cafe in Xuefu Lane, and he would have to spend time preparing for more things.

Looking back in ten years, several Internet cafes in Jianye City in September 1997 can be regarded as ancient memories. At that time, the more famous and more formal Internet in Jianye City was an Internet cafe called Wilt in the city center. It was jointly organized by a technology company and the Post and Telecommunications Bureau. It was first established at the end of 1996.

Du Fei applied for a job as an Internet cafe administrator in Wilt.

It is difficult to understand an industry thoroughly without personally exploring it; the details can not be built up by imagination. Especially in 1997, in China, the Internet cafe industry was still in a dark exploration period, and there were not many experiences and lessons to learn from.

Zhang Ke thought Du Fei's knowledge and courage could make him one step ahead of others, so he did not think about making extra points.

Du Fei was missing, so Zhang Ke insisted on writing posters at Ying Mao every day. He had the opportunity to drink and chat with Meng Le, and was a little indifferent to external news.

On September 16, Thailand replaced its third Ministry of Finance and formally requested rescue from the International Monetary Fund on the condition of giving up part of its economic sovereignty. However, Zhang Ke knew that Thailand's economic collapse would come more quickly and thoroughly.

Three months ago, middle-level people in Thailand were wearing Swiss watches, French branded clothes, and drinking wine from famous wineries. On weekends, the family would go to the beach villa for vacation. Now they had to mortgage their cars to make up for part of the losses - even if there was a car, they could not afford it. Financial and industrial institutions went bankrupt continuously, the number of unemployed people increased, and the registration rate of private schools that just started school in September also dropped suddenly - they could not squeeze in before, and private hospitals also faced the same dilemma. The high-consumption population in Thailand seemed to be swept away by a sudden financial storm and disappeared like a burial under the sea. The sales of gold and diamonds fell, and the luxury shops were deserted...

These are the current situation of Thai society described by Chen Xindong, Jiang Wei and others through email during their trip to Southeast Asia. Chen Xinsheng wrote in the email: "Thailand can be described in this way: 'There are more cars driving off the road today than cars driving on the road today!'"

Many people regard forest fires in summer forests in low-latitude areas as normal. When the rainy season comes, they will naturally extinguish the forest fires ignited due to summer drought. In short, forest fires in Indonesia's Sumatra and Kalimantan tropical rainforests will not disappear in a year.

In mid-August, the blazing fires in Indonesia's tropical rainforests began to burn again, and Indonesians were not sure how much shadow this would bring to their future.

Until mid-September, after the heavy rainstorm in the rainy season poured through the earth for several times, the forest fires in the two places had not yet been extinguished, and Indonesians began to realize that this might be more troublesome.

As a representative of domestic entrepreneurs, Chen Xinsheng went to Singapore with Ye Zhenmin, executive vice minister of the Ministry of Foreign Trade and Liaison Office of the Central People's Government on the 17th. The smoke and dust generated by the Indonesian forest fires have affected Singapore. Chen Xinsheng described in an email that their plane to Singapore had to hover over Singapore for more than an hour due to the sudden heavy fog.

As early as a year ago, Ye Zhenmin, who clearly pointed out the shortcomings of the Southeast Asian economic system and predicted that this financial crisis had become famous after the Southeast Asian financial crisis really broke out. Grugman, an American economist who was the first to be vigilant about the dangers of the Southeast Asian economic system, was not the most influential figure.

Hong Kong has just returned, and the central government's greatest efforts are to maintain Hong Kong's economic stability. Joining forces with East Asian governments to resist financial giants is also an inevitable choice. It is also a time to properly exert and demonstrate the power of a great power. Ye Zhenmin is naturally the most suitable candidate to promote this work.

While the International Monetary Fund was still making things difficult for the Thai government and putting forward various harsh conditions, Ye Zhenmin suggested to the domestic government that he would provide a government of $20 to the Thai government to help him survive the most difficult moment.

The Singapore authorities have always been the most staunch supporter of the Thai government, but the Singapore authorities have to worry that a large amount of international hot money has been continuously impacting their monetary system and cannot draw out the power to aid the Thai government and other neighboring countries. At this time, the domestic helping the Thai government can further strengthen its relations with the Singapore authorities and pave the way for the fab project to introduce manufacturing technology from Singapore.

After Ye Zhenmin visited Singapore, he would also go to the Philippines. Chen Xinsheng returned to Jianye first and reported to Zhang Ke some details and achievements of his trip to Southeast Asia.

Perhaps it was the smoke and dust spreading from Indonesia's forest fires that left too much deep impression on Chen Xinsheng. When Chen Xinsheng met Zhang Ke, he mentioned again that he had been trapped in Singapore for more than an hour.

It should be the rainy season in Singapore, and heavy fog is rare. Zhang Ke has only been to Singapore twice and has no particularly deep impression of that small garden city-shaped country.

Zhang Ke just smiled faintly at this.

"How long will the forest fire in Indonesia last?" Zhang Keming asked, no one knows how long the fire will last, and at least the big fire source will not be extinguished until the end of December. At this time, no one except him realized that this underground coal seam of Sumatra and Kalimantan had already burned? Even if the ground flames are extinguished by heavy rain, the underground fire source will not be extinguished all year round, except for the tropical rainforest on the surface.

"It's really hard to judge," Chen Xinsheng squeezed his lips, "I don't have time to go to Indonesia to take a look..."

Among the four Asian tigers, Indonesia is the weak tiger with the most backward economy, and the most thorough economic destruction and the least respected tiger. Zhang Ke even instructed Aida Electronics to completely give up the Indonesian market in early June, and Chen Xinsheng's trip to Southeast Asia naturally did not arrange Indonesia within the itinerary.

"I think it will last for a long time," said Zhang Ke. "I have been watching quite a bit of news reports these days. Indonesia is the largest supplier of wood pulp in Asia. If the tropical forest fires in Indonesia continue to spread, it may affect the supply of wood pulp in Asia for a long time..." Zhang Ke felt that it was hypocritical to say this. This is simply a forest fire that has long-term direct impact on the supply and demand of global forestry resources.

Chen Xinsheng returned to Jianye to report to Zhang Ke on his trip to Southeast Asia. Only Zhou You is qualified to come and join in the fun. Zhou You frowned slightly when he heard Zhang Ke say this, and seriously considered this possibility. The Indonesian forest disaster has forced many pulp factories near the edge of the tropical rainforest to shut down, making the supply of wood pulp in Asia tight. However, no one realized that this situation would continue to intensify and continue for a long time. He thought that the heavy rains with the rainy season would extinguish Indonesia's forest fires and would prompt the supply of wood pulp in Asia to restore balance.

With the scale of Xinguang Paper, it is impossible to stockpile a large amount of wood pulp. Zhang Ke chose the path to actively come out and take advantage of the financial crisis that storm in the Southeast Asian economy and enterprises have severely lack of financing channels to invest in the acquisition of equity of one or two pulp companies.

Zhang Ke asked Chen Xinsheng again: "When Mr. Guo Songyan came back to Jianye, it also showed that the Guo Group had tight funds. Will they be willing to sell the equity of its pulp company?"

The largest food company under Guo’s Yunyuan Group is a food company, but its Yunyuan Paper is also quite famous in Southeast Asia.

"Just a pulping company?" Zhou You asked.

"Well, they are willing to transfer papermaking technology, so we can also talk to them," said Zhang Ke. "No matter whether the supply of wood pulp may be tight for a long time, we must also find a stable supply of wood pulp overseas. Xinguang Paper is becoming increasingly large. In three years, the investment in fixed assets of the paper industry alone will exceed 1.2 billion yuan, especially the second phase of the newly invested project is about to be put into production, and it will continue to expand in the future, so we need to seek stable supply of wood pulp overseas. On the other hand, our forest management speed in China is also increasing, and it is necessary to build a pulp factory in the future. At this time, the acquisition of equity of overseas pulp companies is also considered to be a preparation for the future..."

In June, Zhang Ke transferred Yuexiu Holdings' income last year to China and raised an integer, and added an additional 400 million yuan to Xinguang Paper's forestry project. With such a large-scale forestry, it is necessary to build a pulp factory in the later stage to digest a large amount of industrial forest resources and eventually form a complete forestry integrated large paper system.

Xinguang Paper cannot be considered the largest paper group in China, but its forest management scale is far beyond those of its peers. The domestic forest and paper integration project has just begun, and Xinguang Paper’s courage and decisions are also amazing.

"Yes," Zhou You nodded, but hesitated, "Malaysia's currency may depreciate further. Will it be a little too early to take action at this time..."

"I also think that Malaysia's currency may further depreciate, but Malaysia's economic foundation is the best among the four Asian tigers. This means that when the financial storm passes, Malaysia's economy may recover as soon as possible, and the currency exchange rate will naturally rebound to normal levels. There is no need to consider short-term interests in investing in equity acquisition. On the other hand, when we negotiate with Guo Group at this time, can't we use this as a bargaining chip to lower the other party's bid?"

"How much can it be lowered?" Zhou You expressed doubts about this. At this time, Kumho also secretly commissioned Guo Songyan, chairman of the board of directors of the Guo Yunyuan Group, to jointly raise the project to invest in the wafer factory.

"If you can take advantage of both sides, you still have to insist on taking advantage of it." Zhang Ke smiled unscrupulously, "You can talk about the specific matters. In short, Jinhu has frequent contact with the Guo Group, and it also needs an excuse to cover up..."

The investment projects of wafer fabs must not alarm the Taiwanese authorities at this time, nor should they alarm the Malaysian authorities.

Aida Electronics and Chen Xinsheng are well-known in the industry. They frequently contact Guo Songyan, which may attract the attention of relevant parties at any time. The cover should be done well. Once the Taiwanese authorities are alarmed in advance, this matter will be ruined.

Of course, Liu Zhicheng's concerns are difficult to eliminate, which is the biggest obstacle to the wafer fab investment plan at present.

Chen Xinsheng visited Singapore with Ye Zhenmin, and the secret negotiation process with the Singapore authorities on this matter was quite pleasant. On the other hand, Chen Xinsheng's ability to visit Singapore with Ye Zhenmin also represents the firm support attitude of the domestic government, which also gave Liu Zhicheng, Guo Songyan and others strong confidence.

It was not that he could not see Liu Zhicheng's efforts. He first drove his wife to Singapore to accompany Liu Ming, who was studying at the National University of Singapore, and prepared for him to get out in the end.

There are certain concerns. Once he leaves TSMC like this, he should be able to naturally eliminate TSMC's options, and his equity will be frozen. He will not be able to move all his relatives and friends out of Taiwan; in addition, he also has to defy his conscience to abduct the families of his engineering and technical personnel to Malaysia first. After all, he just said that he would build a wafer factory in Kuala Lumpur, and after they joined, they had actually secretly held the Kumho and set up a technology company in Kuala Lumpur, they could only choose to stay or stay. After all, not everyone is willing to settle in the mainland; in addition, he is also worried about policy changes in the mainland.

"All conditions are easy to negotiate. We must do everything possible to dispel his concerns," Zhang Ke frowned and thought for a while after hearing Chen Xinsheng say these situations, and said, "The key is that their people are retaliated... Of course, we also have to use their concerns to resist the possibility of government investment and holding shares. I don't really want to be restricted."
Chapter completed!
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