Chapter 339 Increase investment
New York, Bank of Hechingen, North America Branch.
"Mr. Jonathan! This is an important letter sent from the headquarters. Please read it."
"Well, bring it to me!"
Jonathan took the letter and looked at the envelope.
"You go out first, and no one is allowed to come in without my order."
"Yes, President."
After his subordinates left, Jonathan began to carefully open the envelope and then read it.
Soon, Jonathan looked a little surprised, even a little unbelievable. Is this a decision made by the headquarters? They are crazy! If you do this, how much money will you lose?
As for the risk assessment of the headquarters, Jonathan does not believe it. According to the current situation in the United States, Jonathan feels that its economy has just started. Although the public security in the United States is somewhat chaotic, is black and red also red? Chaos can also promote economic vitality, at least It shows that local policies are very relaxed, just like those Italians engaged in black industries in the United States, they can also create value for American society.
Just like the drug addicts in the United States in the previous life, the market they created has fed at least millions of Mexicans and made a huge contribution to balancing the U.S.-Mexico trade. Although drugs are extremely harmful, it does not prevent them from being an industry at all. Gray industries are also industries and are equally valuable. This is inevitable under capitalist market values.
Although most of the wealth has been taken away by a few people, as long as it can stay in the United States, it belongs to the United States. They are not stupid. In the United States, money can solve 99% of the problems. It also symbolizes social status and is comparable to nobles everywhere. Stay comfortable in the Old World.
However, although Jonathan didn't understand, he was still prepared to do it. Who said he was just a part-time worker?
After destroying the letter, Jonathan began to hold a meeting.
Jonathan: "From now on, by further relaxing restrictions, we are ready to do a big job in the United States and make our own contribution to promoting the prosperity of American society!"
The situation in the United States is very good, and you can make money in whatever you do. However, the review mechanism of the Bank of Hechingen is very unfriendly to some traditional industries.
Now, Jonathan is going to relax restrictions in this area according to the instructions of the headquarters, which means that a large amount of new capital is about to be injected into the US market.
"As long as we are sure we can make big money, it doesn't matter if the risk is higher. We will all carry out our business with this goal before the end of this year!"
The North American branch of Hechingen Bank’s largest investment in the United States is in the technology sector, mainly in the power industry, and now it wants to enter all industries.
Like all banks in the United States, it doesn’t matter what it is, as long as it makes money, I invested in this project!
However, this investment will only last for half a year. Starting next year, the goal of the North American branch's activities is to sell these temporarily hyped projects at high prices. It is difficult to figure out when the high price will be, but once the time given by the headquarters is up, , just sell it.
Jonathan did not disclose this matter to his subordinates, and it was also what Jonathan did not understand the least. What if the prices of these assets are still rising after they are sold? Wouldn’t that be a big loss!
…
Not only in the United States, but also in the Far East, the Hechingen Consortium is also increasing its investment. However, the anchored industries are mainly aimed at the domestic market in the Far East, rather than export industries. Far East civilians also have huge needs. The Hechingen Consortium has cooperated with Shanxi merchants , Huizhou businessmen cooperate to develop the market in the Far Northeast.
It is undeniable that the investment of the Heixinggen Consortium will cause the bankruptcy of many traditional handicraft industries, and the leader of Shanxi merchants, Qiao Zhiyong, intends to learn from the Western banking model and transform the bank accounts of Shanxi merchants, which will accelerate this situation.
When they learn the Western banking model, they will inevitably come into contact with new things in the world, which is exactly what they lack for Shanxi merchants. From their heyday to their sudden decline, Shanxi merchants essentially lacked an international perspective.
Historically, during the glorious period of the development of Shanxi merchants, Western capitalism was also booming. However, when dealing with Russia, Shanxi merchants were not interested in their large machine production. When trading with European ships, Shanxi merchants were not interested in anything other than what they needed. Except for the products, other products seemed to be difficult for Shanxi merchants to catch. They were eager for success and stuck in their ways. They did not realize that they were out of touch with the world environment. They were too lazy to learn new technologies and were reluctant to invest their hard-earned money. When it comes to new machinery, equipment and technology, only consider the immediate benefits when buying houses and land.
However, the emergence of the Hechingen Bank, a competitor, directly seized Shanxi merchants' territory in eastern North China in a very short period of time, allowing Qiao Zhiyong to see the huge crisis facing Shanxi merchants.
Even normal business practices cannot compete with Westerners. If Shanxi merchants continue to be stubborn, sooner or later the northern market will be swallowed up by the Hechingen Bank.
As for the Qing government, which had close relations with Shanxi merchants, it could not save Shanxi merchants. Facing Westerners, the Qing government also tried to close the country to protect its own market, but it obviously failed under the powerful guns of Westerners.
The rapid expansion of the Hechingen Consortium in the north is proof of this. After all, there are two world powers behind the Hechingen Consortium, as well as a "big country" that is not well known to the world. Germany's power alone is enough to scare the Qing government. Then But he single-handedly defeated France.
Coupled with the leadership of the Hechingen Consortium, German businessmen in the Far Northeast have really developed the potential to compete with Britain, France and the United States.
At present, other countries in the Far East only stay in coastal and convenient transportation areas, but the Hechingen Consortium has overcome the inconvenience of inland transportation and entered its hinterland.
The reason why the Heixinggen Consortium was able to do this is also very simple. One is that transportation is inconvenient in the Yimeng Mountain area in southern Shandong, and the economy here has not been very prosperous since ancient times. Although northern Jiangsu is flat, it has also suffered from the flooding of the Yellow River until During the Xianfeng period, the Yellow River changed its course, ending thousands of years of flooding in northern Jiangsu.
However, when the major diversion of the Yellow River in Xianfeng occurred, it happened to coincide with the Taiping Heavenly Kingdom Movement and the Nian Army Uprising. Military affairs were tense and there was no time to regulate the Yellow River. Yang Yizeng, the governor of Nanhe River, reported to the Qing court and suggested that the blockade be "suspended."
That is to say, it was poorly maintained, which led to more frequent and serious floods on the Yellow River in Shandong. As a result, the towns on both sides of the Jishui River in Shandong declined, with Qidong County as the representative.
The source of the rich source of immigrants in East Africa has also been found. In other words, the Hexinggen Consortium's sphere of influence in North China was originally the economic depression of the Qing Dynasty.
Even in the 21st century, the northern Jiangsu region is still a fault zone in the eastern coastal area. Its development is far less than that of the north and south. There is only one big port, Lianyungang, and its development is not ideal (compared to southern Jiangsu and eastern Shandong).
Today, the city with the best economy within the economic sphere of influence of the Hexinggen Consortium is Kaifeng, which is also the only provincial capital. However, the east of Kaifeng and the coast are basically devastated areas with both natural and man-made disasters. Naturally, this kind of place cannot attract anyone except After all, the conditions of Western forces other than the Hechingen Consortium are much stronger in other areas than here.