Chapter 027: China, Korea, and China

The airliner on this flight from RB Tokyo to San Francisco, USA went into night flight mode, and the lights in the cabin dimmed.

Most of the people put on black eye masks and started to sleep. Yanai Masashi was no exception. Only Masayoshi Kishimoto was the only one who couldn’t sleep.

It wasn’t that he was overly energetic, but he missed the warm 1.8 meter bed at his home. To put it bluntly, he himself had the pet peeve of recognizing his bed to sleep.

Tired of holding the book, he folded a page into a small triangle, and then held it in his hand as soon as the book was closed, and turned sideways to look outside the cabin glass to go.

Kishimoto justice head inside by and Yanai Masayoshi chat involving the Asian financial turmoil under the worst hit South Korea.

He sighed in his heart, the Korean drama is an adult fairy tale, basically is a lie, the actual life of the Korean people is not hard, but really is hard plus hard.

It is so big a little bit of land, surprisingly, there have been 50 million people, Seoul is concentrated 20 million people. I have studied geography, and I know that the Korean Peninsula is not a plain, but a mountainous area with a cold climate.

This is not conducive to the large-scale cultivation of food crops, as well as a large-scale mechanized harvest. Objectively speaking, South Korea does not have much advantage geographically, and is also subject to military and political pressure from the north, so it is really good to be able to get the economy going.

However, the huge price to be paid for the capital city economic circle centered in Seoul is the various intense squeezes that have to be put on ordinary people, and the various sacrifices that ordinary people have to make.

The total working hours of Koreans throughout the year is ranked in the world, and that is one of the highest, much higher than RB people. On top of that, they have to bear all kinds of huge pressure from the society above.

From the Korean college entrance examination can be a glimpse of the truth, “three on, four not”. This means that Korean students, sleep three hours a day, that will be able to get into the university, and sleep four hours, will be failed.

If you want to enter the SKY University in South Korea, that is, Seoul University, Koryo University, Yonsei University one of the three, in addition to pay more efforts than the next person, either the brain is smart enough, or is the family situation to be good enough.

The reason why these three universities in the minds of Koreans will be supreme, not only because it is a famous school, but a social class identity recognition, as well as their own future development are closely related to this.

Even love and marriage is one of the main criteria. In the past, Chinese people always say that RB’s concept of blood is heavy, compared to Korea, much lighter.

And mainland China was the lightest, after all, revolution has its benefits. However, before his own rebirth, mainland China’s concept of pedigree also began to gradually resurface.

Samsung, LG, Hyundai and other large Korean companies will usually only recruit official staff from inside SKY University. Kishimoto justice know, after twenty years of Samsung official staff of the average annual salary can reach 120 million won, that is, nearly 710,000 yuan.

With 710,000 yuan such an annual income level in Seoul to be able to live a more comfortable, to support their families, mortgage payments and so on, there will be no pressure.

In addition, the average Korean people, who are mostly in the middle and low income bracket, will feel a lot of pressure to pay the rent, and even commit suicide from time to time because they can’t afford to pay the rent.

Moreover, electricity in Korea is not cheap. Don’t look at the average working class person’s home hanging air conditioning unit, and not just want to use it. This is often a family are all together when the air conditioning will be turned on.

In Korean dramas, villas and other things, high-class apartments and big houses are luxuries that don’t exist in the lives of ordinary people in reality.

This is not only in Seoul, the international metropolis is almost the same, after all, is completely in line with the laws of the economy, there are many people and little land, will inevitably become this one.

Kishimoto justice to the Korean people do not have any prejudice, also do not think they are Goryeo stick. If I have to say there is something, it is that the general view of their own people towards Koreans overseas is that those who have money, are compatriots, while those who have no money, are foreigners.

South Korea is a country of profiteers, resulting in their plutocratic families breaking out in various scandals from time to time. Samsung Group to Lee Jae-yong, but only the third generation.

Like RB’s Mitsubishi Group founder Yataro Iwasaki from the Meiji Restoration. Mitsubishi group to the time of the defeat of RB in World War II, by the Americans all kinds of dismemberment, that has been to the fourth generation.

To this day, the direct and collateral lines of the Iwasaki family still have shares in the Mitsubishi Group. As little as 2%, and as much as anything else. They also cross-hold each other’s shares.

At this time, the Mitsubishi Group, although no longer the number one plutocracy in RB as it was at the time of Yataro Iwasaki, was still a giant consisting of twenty-eight core large companies and four, five hundred loosely affiliated other companies.

The Iwasaki family, counting from Yataro Iwasaki’s first generation, should be at least in the sixth generation now. Being rich for more than three generations was blue blood, and a family like theirs had already stepped into the deep blue.

Therefore, there has long been a complete set of family rules to regulate and restrain the behavior and speech of the family members.The members of the RB Zaibatsu family tend to keep a particularly low profile.

Masayoshi Kishimoto’s current mind appeared to be quite active. As he moved his body sideways once again, he inadvertently saw Yanai Masashi sitting beside himself.

In his own heart, he knew that although the current Uniqlo was on the rise, it had not yet realized economies of scale.

Without the realization of economies of scale, then the company will not be able to maximize the cost of various companies to achieve the lower, as well as the initiative to grasp the bargaining power. Before maximizing profits, Yanai Masayoshi will need years to expand Uniqlo.

By then, the other side needs to carry out large sums of financing things, their own various investments have long blossomed above, there are huge returns to the account.

For this reason, Kishimoto justice also understand, new worries will come, get up every day is not as ordinary people worry about making money, but worry about how to spend money out.

Money creates value only when it flows. If you let it lie around and sleep, you can’t add value to it. In addition, RB commercial bank tradition is to maintain 0% interest rate, sitting without thinking of wanting to eat interest or something, before it is too late, don’t do this dream.

Instead of buying the commercial bank’s financial products, it would be better to invest directly in the project yourself, thus earning a much higher return on profits.

Kishimoto righteousness of the corners of the mouth can not help towards the above floated up is the thought of other people can not have their own on the future more than twenty years of unforeseen. All he has to do is to do his best to realize the success of the investment above.