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Chapter 551 Double-edged sword

No matter which country's capital giant, it can influence a country.

Several capital giants and chaebols unite together can even influence and control a country's economy.

This is particularly evident in capitalist countries.

In fact, capitalist countries are the chaebols who control the president and the government, and their interests and will dominate the country.

For example, in South Korea in his previous life, the chaebol forces were strong.

Many Koreans in China even jokingly claim that they are from the "Samsung Republic" because Samsung Group's business is all-encompassing. Even if ordinary people only use Samsung products for their lives, they will not lack anything.

Samsung's annual turnover accounts for about 20% of South Korea's GDP, and the other three or four top chaebols can account for 60% of South Korea's GDP.

If a few more companies are added, the turnover of the top ten chaebols will reach 80% of South Korea's GDP. Even if all companies that are not under the chaebol go bankrupt instantly, the South Korean economy will not be subject to too much shock.

Looking closely at history, these Korean companies have been closely related to the government since their establishment. The first batch of chaebol assets came from mines and factories during the Japanese occupation period. At that time, the government sold these assets at a low price and provided preferential policies to chaebols in exchange for their support.

In the 1960s and 1970s, South Korean dictators encouraged chaebols to develop export-oriented industries, provided huge subsidies and cheap loans for industrial upgrading and export trade, and even directly designated a chaebol to develop specific industries. By the time the military government stepped down and South Korea implemented constitutionalism, chaebols had become an unshakable main body of the South Korean economy.

With such a powerful chaebol and such close political and business relations, chaebol certainly would not relax its ties with the government. In the 1960s, the military government came forward to organize the National Federation of Economic People and designated the presidents of Samsung and Hyundai Group as presidents one after another. At the same time, the chaebols also organized special political donation institutions in line with the wishes of dictators.

The important reason for the political crisis that President Park Mei-woo encountered was that her best friend intervened too deeply in institutions such as the Mir Cultural Consortium and raised tens of billions of won of funds from the chaebol. The prosecutor asked the presidents of the nine chaebols to appear in court to answer questions. They admitted without exception that the chaebols should consider the impact on government decisions when investing.

However, several presidents have been willing to change the reality that chaebols actually control the economy. However, the chaebols' power is already strong enough to kidnap the country's economy, and if they are not careful, they will conquer the South Korean economy.

For Koreans, what is even more serious is that after the economic crisis in 1997, a considerable part of the shares of the Korean chaebol had been acquired by Western capital, and half of the shares of Samsung Group were attributed to Wall Street, that is, the Korean chaebol was largely an American asset.

However, there are competition and confrontation among the chaebols. It is generally difficult for the private team raised by the president to leave no trace of political and business transactions. Once there is a political struggle or conflicts between the chaebols, these confidants who collect money and work for the president will definitely be pulled out to publicly. This is the time for previous presidents to fall.

In fact, South Korea's "constitutionalism" has been in operation for more than 20 years, and every president is corrupt and eventually proved to be a puppet of the chaebol.

Shizifeng Technology cannot be said to be a major chaebol in China, but in the past two years, its rapid development and strong rise have made countless people in the world frightened.

While focusing on the Internet field, Queen Shi quietly expanded into physical fields, such as the smartphone field and the automobile field...

Alipay is equivalent to a bank. Tens of millions of users deposit money and pays interest to users. Current interest is higher than the short-term fixed interest of traditional banks.

As long as this money is within the legal scope, Shizifeng Technology can use it as it wants.

In addition to lending to large, medium and small enterprises, it can also "borrow" to invest and invest.

Indeed, Shizifeng Technology is not only building a closed loop of the Internet ecosystem, but also making a strong move towards the physical industry.

Some Internet people do not understand Queen Stone’s intentions, but how can people like Grandpa Guan Tongtong not understand?

Shizifeng Technology can only be regarded as "Shizifeng Virtual Technology" now, and it will be worthy of its name in the future. It has both virtual and physical elements, and is well deserved to be called "Shizifeng Technology".

Shizifeng Technology, which is backed by Alipay, has developed more and more terrifyingly as Alipay becomes more and more deeply rooted in people's lives.

Guan Tongtong's grandfather couldn't sit still, worried that the helmsman would accidentally give up the results.

He didn't think that under normal circumstances, Chen Zi'ang and Shi Jia would be so stupid, but the market changed rapidly and people's hearts were terrifying.

In addition, people with ambition sometimes don’t see clearly than ordinary people.

For example, gamblers have won enough, but because of their greed, they refuse to stop and even want to make a big pen. Not only do they throw the money they win in, but they even put the principal down.

No one else knows that if you win so much, at least you will keep your principal.

But no matter how much people in the gambling game care, they still remember these things. It has been uncommon for generals who were blinded by victory on the battlefield.

The old man is now worried that Shi Zifeng Technology is walking too fast and does not pay attention to his feet.

"Grandpa, don't worry, my mother is awake. Even if she is not awake, I still have me. I am not blinded by the achievements she has achieved now, and my eyes are quite bright. I am really confused, so there is Tongtong, and grandpa, please help me watch it." Chen Zi'ang said humbly, thinking of treating himself as the son-in-law of the Guan family.

The old man and the old lady were very pleased that this child really treated Tongtong as his wife.

Guan Tongtong said a little embarrassedly: "I don't know what you usually say to me, so how can I help you read it?"

The old man and the old lady laughed aside.

Guan Tongtong is very honest. Her business vision is far inferior to Chen Zi'ang and Shi Jia. She doesn't follow this path and doesn't study it.

"Remember, listing is a trend, and foreign capital can help endorse the platform, but we must not hand over the shares and voice. We would rather lose a little profit and spend more time and money. Even if we miss market opportunities, we should not let go." The old man reminded.

"Yes." Chen Zi'ang became even more concerned. After returning, he also reminded his mother that Shizifeng Technology has entered the eyes of national senior management and should pay more attention to his actions in the future.

Entering the national eye is a double-edged sword.

It is well used and will be prosperous.

If you don’t use it well, it won’t be said that the disaster is coming, but it will be difficult to rise and may even miss many good opportunities.

The old man looked up at the outside of the pavilion. There was no sun coming out today, and the weather was not very hot.

Then, he suddenly said to Guan Tongtong: "Tongtong, take your grandma out for a walk, Zi'ang and I have something to say."

Guan Tongtong was a little nervous. Grandpa wanted to chat with Chen Zi'ang in private. Will there be anything wrong with it?
Chapter completed!
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