Chapter 1422

After returning from qingwatai, Simon rushed to his residence in Litai hospital and had a short rest after lunch. He also invited Peter Bernard, the chief representative of the IMF team in South Korea, and Michael gate, his direct spokesman in the IMF team, to have coffee together.

The Westeros system can quickly control South Korea's economy, and the IMF team in South Korea has made great contributions.

Simon personally discussed the details of the follow-up operation of the IMF team in South Korea with the two, but also affirmed the work of the team in South Korea in the past half a year.

After the meeting with the two, at 3:00 p.m., Simon rushed to the Korean headquarters of danilis entertainment in Hannan cave and met with the heads of SK entertainment, Samsung entertainment, modern entertainment, showbox, aCrab online, TD soft, JY entertainment, mini6 studio and other entertainment companies that are either key or have made good achievements in the office prepared for him in advance.

Unlike a large number of dark children quietly scattered, these are Ming chess, no taboo.

Of course, there are not too specific things. Listen to the work reports of each person in charge, talk about some ideas about the future operation of the company, and even discuss some specific and micro project details.

To put it bluntly, I still recognize the Lord.

Let these people know who their real boss is.

After doing this, I took a bus back to the southeast mountain manor in Seoul where the reception was held last night. It's past seven o'clock in the evening.

After dinner, Simon came to the study, turned on the computer and connected the video communication with Chen Qing in China.

There is only one time zone between China and South Korea, and it is already night in China. Chen Qinggang, who was in the hat alley mansion in the capital, looked pitifully begging for mercy: "boss, I'm wrong, I dare not again."

"I'll settle accounts with you when I have time," Simon just stared at the girl opposite and talked about business: "have you read the list of green tile terrace?"

Chen Qing also put away her playful expression and turned positive, but said, "the boss is so easy to talk."

Simon found a list of factories that he hoped to delay closing from the nearby stack of documents sent by qingwatai in the afternoon, and looked through it and said: "You are a little too much. It's right to speed up the transfer of the industrial chain to China and reduce costs. However, like today, when I went to qingwatai, there were a lot of people outside. This is not good. If there is unrest in South Korea, our losses will only be greater."

"No, I have asked our team in Korea to accelerate the promotion of the Korean national minimum living security law At the latest, it can be voted on before the Asian lunar new year in February next year. At that time, life will be guaranteed to a certain extent, and the mood of the unemployed people in South Korea will stabilize. In addition, through this strategy, we can not only transfer the cost of layoffs to the South Korean government to the greatest extent, but also urge the South Korean government to borrow more money from the IMF in order to prolong the time of the IMF system The also found that South Korea's economic recovery exceeded expectations. "

Simon nodded in recognition of Chen Qing's idea and said, "Kim Dae Jung's idea just needs these factories to exist for more than half a year to a year. You pick half of them. The contradictions are more intense. Delay it. Anyway, we don't need to bear the expenses. We still borrow from the IMF."

Seeing her boss making up her mind, Chen Qing didn't refute again. She just bargained: "boss, how about one third?"

"Don't be so stingy, just half."

If the unemployment rate continues to soar after South Korea's revision of the statistical rules continues to be oppressed, it is inevitable that some unexpected things will not happen, and even force the South Korean authorities to take extreme measures.

Simon made a decision. He didn't bother to beat Chen Qing again. Don't press South Korea too hard. Anyway, he won't change it. He just decided to pull more behind in the future to avoid a girl's pace being too fast and too fund. Instead, he said: "In addition, I'm also thinking about the rapid economic recovery of South Korea today, which can promote the appreciation of the won. You can discuss with the senior management of cerxi, or contact some hedge funds to come up with a plan as soon as possible."

South Korea's economy has been fast, stable and recovering in the past year, mainly due to two things.

The first is the Westeros system's bet on the positive effect of South Korea on the country, because Simon's layout in South Korea followed suit. Only in the first three quarters of this year, the scale of South Korean foreign capital inflow reached US $26 billion, and it is expected to exceed US $35 billion in the whole year. Such a huge foreign capital inflow quickly made up for the thirst for capital in all walks of life in South Korea.

The second reason is the depreciation of the won.

Compared with the stable exchange rate of the won against the US dollar of 800 to 1 in previous years, the exchange rate of the won against the US dollar has remained around 1600 to 1 recently, which has depreciated by a full half compared with that before the outbreak of the Asian financial crisis.

In fact, this is due to the secret suppression of the Westeros system, mainly to eat more assets of South Korea at a lower price.

Although the sharp depreciation of the won has had a disastrous impact on South Korea's economy, the most obvious is that this year's GDP is expected to be only $380 billion, a decrease of nearly 40% compared with the peak of $610 billion two years ago, but on the other hand, it also greatly stimulated South Korea's exports.

You know, in the years before the outbreak of the crisis, as an export-oriented country since the era of Park Chung Hee, South Korea was in a deficit for several consecutive years.

This is obviously not a good phenomenon.

With the outbreak of the crisis, the South Korean won depreciated sharply and exports surged. Only in the first three quarters of this year, South Korea gained a trade surplus equivalent to about US $11 billion. This money may not be enough compared with the total scale of South Korea's current foreign debt. It is tantamount to sending carbon in the snow to alleviate the plight of South Korea's economy.

If this good situation continues, unlike other countries still at a loss in the crisis, South Korea will be able to get out of the shadow of the crisis ahead of schedule next year.

Simon certainly doesn't want to see this happen too soon.

There are also many ways to stop it. For example, the Westeros system casually makes some negative, and suddenly no longer optimistic about South Korea. It must be effective immediately.

The problem is that there are many sequelae.

A more secure one is to re promote the appreciation of the won.

The appreciation of the won will not only curb South Korea's exports again, but also prevent the inflow of international capital to South Korea. After all, the original dollar can be exchanged for 1600 won. If it can only be exchanged for 1500, 1400, 1300 or less suddenly, the investment enthusiasm of international capital will inevitably be frustrated.

Exports are blocked again and capital inflows are reduced, which will inevitably delay the recovery of South Korea's economy.

Simon directly changed the topic, and Chen Qing stopped pestering. She bowed her head and wrote down what had just happened in the memo. When she heard her boss talking about promoting the appreciation of the Korean won, she quickly looked up: "boss, we thought of it together, and I was going to tell you about it tonight."

Simon said, "in that case, I don't have to waste more words. Do you have a plan?"

"Yes," Chen Qing smiled again. "I've figured out the title since the boss's trip to Seoul. How about Simon westero's secret visit to Seoul or overweight Korean investment?"

Simon directly denied: "no, the news exposure may help promote the appreciation of the won, but it will also enable more investors to strengthen their confidence in South Korea. Therefore, there can only be one goal in curbing South Korean exports and reducing international capital inflows."

The key to curbing South Korea's economic recovery is capital.

If only one of the foreign exchange funds earned by South Korea and the funds of international capital flowing into South Korea are restrained or even stimulated, the effect will not be very good.

In fact, Simon can also understand that people who should know that they have been to Korea basically know.

The key is to let most people who can't get similar information keep their information unobstructed, and then greatly increase the risk concerns of most international capital through the rapid appreciation of the won. After all, capital should consider the rate of return. If capital is invested in a country, even if there are various favorable factors, but because of the change of exchange rate, nothing has been done, it has depreciated by more than 10 or 20 percentage points, and the relevant market will certainly be prohibitive.

Chen Qing heard Simon say this and reacted: "I only think of the previous one, boss. Is it my negligence or the boss powerful?"

Simon ignored the flattery of the opposite girl and continued, "anyway, just Forbes" When the list comes out, the media will be very lively next. Don't use me as a gimmick. In addition, you can operate other means by yourself. Now... It's still calculated according to the Chinese Lunar New Year. There are still three months. I hope the won will rise by more than 20% before the new year, at least back to about 1300. "

Chen Qing said, "20% in three months. The boss is a little conservative?"

Simon accentuated a little: "20% in three months, no matter how high it is, I'll settle with you."

As soon as Chen Qing shrinks her neck, she knows that her boss is still beating her too radical things, so she can only nod her head.

In fact, of course, we also know that the impact of a country's currency rising by 20% in just three months on imports and exports will reach the level of disaster. Even if the won is too cheap due to last year's crisis and the deliberate suppression of the Westeros system, a 20% fluctuation will seriously affect South Korea's exports.

That's enough.

No matter how high, the interests of the Westeros system will also be affected.

Just like Nokia and tinco Bayer are increasing their efforts to purchase various components from South Korea. If the exchange rate rises too fast, the procurement cost of components will rise, affecting their own profits.

For the sake of the overall situation, the increase of relevant costs is inevitable, but even so, Simon can't help explaining it to everyone.

If the recovery of the won exchange rate exceeds the upper limit that each country can bear, so that it is even more expensive than Japan or North America, even Simon himself cannot ask each manufacturer to maintain the overall situation, at least not for too long.

In fact, many things Simon has done in the past two years are seeking balance.

a middle course.

The main reason is that the Westeros system is expanding too rapidly, and it is too easy to make money due to the Matthew effect. In addition, due to its own size and the characteristics of western capital as the king, there are countless executives who maintain a radical state like Chen Qing in the whole Westeros system.

Everyone tried to move forward. In order to avoid getting out of control, Simon himself, the boss, had to drag his feet.

All kinds of drag.

After all, too many cases in the memory of two generations have proved that money can't be made, and many half lost wealth tycoons are often too radical, leading to the loss of control of the business empire.

Simon himself can't imagine the result of the current Westeros system, which controls trillions of dollars in assets, if it gets out of control.

Therefore, Simon will actively converge, give way as much as possible, and don't make more profits as much as possible.

This is definitely not an easy thing.

Human nature is greed engraved on the genetic level. It goes against the deepest instinct to keep backhand, which is similar to cutting its own flesh.

It will even confuse the people around you.

We can get more, why give up?

Then he talked about some things in South Korea. Chen Qing talked about China: "boss, just today, the press and Publication Administration issued a new interim measures for the management of electronic games. In short, it is to strengthen the approval of games. Nominally, it includes stand-alone games and online games. In fact, it is aimed at our online games."

"That's also a good thing," Simon said. "Several companies in China also take the initiative."

Chen Qing blinked: "in fact, I want to say that this is good for us."

Simon listened to what Ni Zi said opposite him and thought it over a little.

The so-called management is managed by people after all.

When the approval card is strict, it's just those small game publishers who have no people and no money. On the side of Westeros system, of course, they have what they want.

After laughing, Simon subconsciously warned: "don't go too far. I'll assign you a task. Within six months, mainland China will at least support a cutting-edge game company that has nothing to do with us."

Chen Qing blushed bitterly: "boss, this kind of thing is very difficult for me."

Simon doesn't talk nonsense: "half a year, remember?"

"Remember."

"So, is there anything else I need to know?"

Chen Qing nodded and continued to talk about some things. It took another half an hour to end the call.

Simon then processed a batch of work emails, focusing on returning an email to pat Kingsley, the head of the media public relations team of the Westeros family, to discuss the public relations strategy for the next period of time after the release of the Forbes list.

After all this, it was ten o'clock late at night.

The next day, Simon still got up early. After breakfast, he packed up here and flew directly back to Los Angeles.

Arrived on the west coast of the United States. Due to the time difference, it was still the morning of November 10.

It's Tuesday.

On Monday the day before, Forbes released its 1998 list of the 400 richest people in the United States. Not only physical magazines but also official websites gave the list that morning, so it inevitably caused another uproar of public opinion.

Fortunately, under the operation of the Westeros family public relations team, this noise does not seem high-profile.

Even... For example, on Internet platforms such as igrit portal, the new year's US 400 rich list is not the most popular news.

The hottest topic, of course, is the president of the White House.

About Clinton's settlement with Paula Jones over the weekend.

In addition, there is the resignation of Newt Gingrich.

For example, Simon's $1.8 trillion fortune on Facebook's community hot news list slipped all the way from third to seventh when Simon returned to Los Angeles within 24 hours of the release of the list, which is not easy to arouse public interest.