Chen Qing was the only one who came over. She finally had the opportunity to dine with her boss, so bringing some souvenirs or something to the table would be a disappointment.
After greeting each other with a hug, the two sat down at the dining table and after ordering their food, Chen Qing started to talk about the topic very skillfully, as usual, first talking about various trivial matters that she had experienced recently, such as the family ethics drama related to her boss's vase.
Simon was not in a hurry to get down to business. When Chen Qing finished speaking, he also mentioned a small matter: "Over in China, I casually talked about it when entertaining guests on Thursday. We can plan recently for Jinshu to set up a new media operations department. Use the YouTube website owned by Yigrit as a platform to publish various videos showing Chinese culture."
The boss's tone was casual. When Chen Qing heard the topic of entertaining guests on Thursday, she cheered up and didn't ask too much. She said matter-of-factly: "I remember Elite has a new media operations department, is it like that? "
"It's different. Because of its local advantages, Elite is aimed at a comprehensive online social platform, and the Internet celebrities it creates focus more on the fashion field. On your side, platforms such as Facebook or Instagram can only be regarded as auxiliary, and the core is the YouTube website. Oh, the main reason is that it is easier to monetize through advertising sharing. For you, this can also be regarded as earning foreign exchange. If you do it well, the income will be very generous, and you will also gain the halo and honor of promoting Chinese culture overseas. Don’t underestimate this. a little."
As Simon said this, the most emotional thing in his heart was that there is no wall in China yet.
There will be a wall sooner or later.
However, as long as Jinshu takes the initiative and drives a large number of related teams from mainland China to develop on YouTube, even if there is a wall, it will be easy to open a small door specifically for this.
"I understand," Chen Qing nodded. Of course she knew the energy that the seemingly intangible halo actually possessed. She responded like this. After thinking about it for a while, she still had no clue and asked: "Boss, what should I do specifically? ?”
Simon came up with it at his fingertips: "For example, let's open a column called "A Bite of China" to explore various traditional delicacies from all over China, record their production processes and explain the cultural implications contained in them. Another example is to find a column named Wang Gang. The chef cooks a variety of Chinese home-cooked dishes..."
Chen Qing understood at first and was very inspired, but then she became a little confused and interrupted: "Boss, what is Wang Gang?"
Simon took it for granted: "What is the usual English name in your foreign language textbooks?"
"Tom, Lucy."
"That's it. I'm just giving an example. It doesn't matter if you look for Li Gang or his son."
Chen Qing looked at her boss's serious expression and suddenly felt that this was not the case, but she had no evidence.
Simon continued: "Also, choose a small mountain village with beautiful mountains and clear waters, find a girl, choose the name yourself, choose someone more artistic, don't call her Han Meimei, and then shoot a variety of pictures that also contain the meaning of traditional Chinese culture. Daily life includes sowing seeds in the spring, eating watermelon and picking grapes in the summer, playing cotton in the autumn, smoking bacon during the winter festivals, sachets and rice dumplings for the Dragon Boat Festival, tying lanterns and making Yuanxiao for the Lantern Festival, and Mid-Autumn Festival. moon cakes, and dumplings for the New Year, do you understand?"
Chen Qing nodded again and hesitated: "Boss, is anyone watching this?"
"Go and look at YouTube. It's not all trivial stuff. It's just for people to kill time. The key is to make the photos interesting and beautiful. Remember to find professionals." Simon said this and added: "Do you know about raising Gu? ?”
"Know."
"The most indispensable thing in this world is people, especially in China. Pick more candidates to cultivate, just like raising Gu, there will always be success."
Chen Qing agreed again. She was already thinking about whether a contract of 8 years or 10 years was suitable for raising Gu. 12 years seemed a bit long, and 5 years was too short. She continued to ask for ideas from her boss: "Boss, are there any more?" ?”
"There are countless Chinese traditional skills, such as pottery making, tea frying, woodcraft, etc.; various scenic spots, where you can explore the secrets and wonders, seek martial arts and ask questions; various rural pastoral areas, where you can pick chrysanthemums under the eastern fence, walk around Bed with green plums."
Chen Qing simply took out a notebook from her bag and quickly recorded it. After hearing the end, she kindly reminded: "Boss, going around the bed to get green plums does not describe a rural pastoral."
Simon lamented that girls in this era are still too pure. Do you think "picking chrysanthemums under the eastern fence" is a rural pastoral
Innocent!
His expression was still serious, and he pretended to be angry: "I will remember you carefully."
Chen Qing stuck out her tongue, pretending to be coquettish and said: "Boss, please continue."
Simon hesitated a little, thinking that the specific case of "A Million Reasons to Eat Bamboo Rats" would be forgotten. Girls named Danmu are not popular now, and foreigners can't get the beauty of the text of "Dead Rat Villa".
There will be a deduction for homophonic memes.
So he concluded: "That's probably it."
Chen Qing wrote them down one by one, quickly sorted them out, and then said: "Boss, I feel that these are similar to documentaries?"
Simon said: "Some can be made into documentaries, such as columns like "A Bite of China". For most of the others, you can refer to videos on YouTube. The characteristics are life-like, personalized and fragmented, giving the audience a sense of casual shooting. The biggest advantage of doing this is that the cost will be very low. One person and one camera can complete a record. The standard definition of this media form in the United States is 'We Media', which is translated into Chinese , can be called self-media. Of course, what the audience sees is daily life, but you can’t just shoot casually. If you want the audience to buy it, you still have to carefully prepare interesting scripts and copywriting in advance.”
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Chen Qing wrote it down again.
After chatting for a few more words, lunch was served and both of them talked less. It wasn't until lunch was almost done that we got down to business again.
Mainly on the Korean side.
In November, winter time starts in the United States, and the time is delayed by one hour. The time difference with Asia has once again expanded. The difference between Los Angeles and Beijing has changed from 15 hours to 16 hours.
So now it's after early Tuesday morning in Asia.
On Monday local time, after last week's thrilling financial showdown in Hong Kong, Southeast Asia did not usher in the expected peaceful period when a large number of international speculators retreated.
Last week's closing was too high, and many people already knew that the bottom line of the Hang Seng Index was 10,000 points. Therefore, throughout the day on Monday, the Hong Kong stock market fell by 3.6% after three consecutive days of gains last week. It fell back from 11,507 points at the close of last Friday to 11,092 points. However, everyone knows that this is just a natural adjustment of the Hang Seng Index.
In addition, the exchange rate of the Hong Kong dollar against the US dollar has been firmly locked at the highest level of 7.75 to 1.
Unlike stock index futures, which usually require a margin of about 10%, because the leverage of exchange rate futures is often more than 100 times, the Hong Kong dollar exchange rate seemed to fluctuate only 1.04% in the last two hours last Wednesday, which has caused many exchange rate short positions to be liquidated directly. In addition, Wall Street has withdrawn all its short positions on the Hong Kong dollar. Now no one dares to short the Hong Kong dollar anymore.
Hong Kong has returned to safety.
In comparison, international speculators from South Korea, Japan, Taiwan, Singapore, Malaysia and other countries or regions have not actually been affected by the Hong Kong financial incident and have withdrawn.
Simon said when chatting with his two uncles over the weekend that this game of chess may be over in some areas, but the whole game is still going on.
Ordinary people or outsiders may take it for granted that after international short sellers suffered a huge setback in Hong Kong, they should logically retreat. In fact, everyone who should have received the news has already received it.
The feast is not over yet.
Except for Hong Kong, in other regions, everyone is still casual.
Of course, the short sellers in Europe and Asia who have just suffered a big fall will inevitably be more vigilant, but as the saying goes, the only lesson history teaches mankind is that mankind never learns lessons.
The human heart is greedy and forgetful.
Wall Street had just made a fortune, and of course it wanted to make more. And some other international capitals have just suffered a big setback in Hong Kong, and they must try their best to make up for it in other markets.
So it goes on.
Not to mention anything else, South Korea, which the Westeros system focuses on, once again had three kills in stocks, bonds and foreign exchange throughout the day on Monday. After rising slightly in line with the general trend on Thursday and Friday, the South Korean won's exchange rate against the U.S. dollar fell again by 4.1% on Monday, from 1,712 won to 1 U.S. dollar to 1,782 won to 1 U.S. dollar.
Inside the Executive Dining Room at Malibu Studios.
Chen Qing put down the tableware, wiped the corners of her mouth with a napkin, and said: "Boss, according to the latest news we got, the foreign exchange reserves that the Bank of Korea can use have dropped from more than 7.6 billion US dollars at the beginning of last month to the current 4.3 billion US dollars. This Or is it because South Korea has allowed the Korean won to float freely and has recently made emergency borrowings from abroad. With the current slowing rate of foreign capital fleeing, South Korea still needs to consume US$1.5 billion to US$2 billion per week. This amount of money can only last for three years at most. Week, even if there are various supplements during this period, it will not be able to survive until the end of December when it needs to repay US$30 billion in maturing debt at once."
Simon was already holding a cup of coffee in his hand. After hearing the words and combing through them for a while, he found that this information was obviously different from the information in his memory.
As expected.
Capital such as the Westeros System has been quietly promoting targeting South Korea. It would be strange if there is no difference.
So he asked: "Have the Korean authorities responded to our conditions?"
Chen Qing nodded, then shook her head: "Before I came here, I had a phone call with General Secretary Kim Young-sam, whom I met when I was in Hong Kong. The Blue House is still in emergency consultations, and they are still testing, hoping that only the 50% foreign shareholding limit will be lifted for the time being. I will directly Hang up his phone."
Simon smiled and said: "We are not in a hurry. No matter what, South Korea will lose in this game."
Chen Qing also smiled and agreed, and then said: "However, boss, I have read some of the arrangements in the email you gave me. At the appropriate time, I will contact South Korea's foreign debt holding agency to suspend debt collection from South Korea. If this matter, It wasn't a big problem before Hong Kong launched the move, but now, those European and Asian financial institutions that were fooled by us in Hong Kong shouldn't agree easily, right?"
South Korea’s total foreign debt exceeds US$100 billion, with North America, Europe and Asia each accounting for one-third. Indeed, if Simon reaches an agreement with South Korea and then tries to push all creditors to stop the run, the European and Asian capitals that have just been cheated will definitely not be willing to cooperate.
It's not impossible to play devil's advocate.
Simon is not worried about this: "If they don't cooperate, the worst-case scenario is that we spend 30 billion US dollars to help South Korea get through the end of the year. Moreover, this 'bad' is only for South Korea. We fund The more we do, the deeper our control over South Korea's economy will be. After the new year, as long as we have our support, the South Korean won will regain its stability, and South Korea's continued export earnings will gradually make up for the relevant gaps."
Chen Qing thought for a moment and asked: "Boss, do you think European and Asian capital will be bullish on South Korea because we are bullish? I mean, after reaching the rescue, they will continue to short, like Hong Kong, and deceive us." Bundle?"
"What's the trick?"
"We will continue to run on them, bankrupt the companies we are optimistic about and have invested large sums of money in, and even take them away from us in the form of creditor takeovers."
"This possibility exists," Simon smiled: "But since you have thought about it, we will definitely not allow this to happen."
Chen Qing nodded again: "Of course."
Simon smiled and said: "What's more, don't look at the debt ratios of those companies in South Korea. They are often 300% or even over 500%. To snatch things from us is to lose a cost equivalent to three to five times the scale of the net assets." We are grabbing things from our hands, and even if some people want to be so stupid, I don’t think the boards or shareholders behind those institutions will let a few people do this just to vent their anger.”
"Boss, I also want to say this. Aren't you worried about the high debts of the companies we took over?"
"This is your business. It's not like you don't know that those liabilities are the liabilities of the chaebol as a whole. The ones we like are relatively high-quality companies. Therefore, you only need to do a good job of restructuring and divestment, and turn the individual If a company's liabilities are controlled within a certain range, there will be no problems."
Chen Qing thought for a moment and did not continue.
At first glance, it seems that the Westeros system can only control part of the chaebols by doing this, but then think about it, with the intricate organizational structure of the chaebols in South Korea, there is no such thing as a part. After controlling the best core companies of the relevant chaebols, the rest need to rely more on core companies due to poor operating conditions or high debts, otherwise they will be dead ends.
As long as it is operated properly, it is actually equivalent to the Westeros system only receiving a large number of assets but not needing to bear too many debts.
Seeing that Chen Qing understood it thoroughly, Simon said another thing: "When you return to New York this time, you can stop by Washington and have more exchanges with the IMF and the Ministry of Finance. Take the time to meet with Bob Rubin to ensure that There will be no deviation from our plans on the Washington side."
Chen Qing said: "Boss, why is it so troublesome? Why don't we directly appoint someone to lead the IMF negotiations? Now we should have this strength?"
“Do you want to be named in the streets by a large number of unemployed Koreans in the next few years?”
Chen Qing shook her head: "I don't want to."
"Therefore, we should try our best to stay behind the scenes, including when you go to South Korea with the IMF team, and keep a low profile as much as possible. If you can, don't show up. And our chess pieces in South Korea should also let them interfere as little as possible. This time the IMF is a target for the Koreans to vent their anger, and we can just stand behind the scenes and do our own thing."
Chen Qing nodded solemnly: "Boss, I remember."
Simon stood up and said, "That's it for today."
Chen Qing stood up and followed her boss out. She wanted to hold her hand affectionately, but unfortunately the occasion was not right. She thought of Cheng Taixi again, so she smiled and said to please: "Boss, you should have seen the photos of the souvenirs I brought. Okay, do you want me to leave her in Los Angeles?"
"No need," Simon said, "She is a very good woman, let her do something in the future."
Chen Qing regretted: "The boss doesn't want it?"
"When will you return to Asia?"
"Whenever the boss tells me to go back, I will go back."
"Oh, I will go to Mexico to rest this weekend. There is a seaside estate in San Lucas, Baja California Sur. If you happen to be lucky, you can bring her over to play."
Chen Qing nodded happily and asked curiously: "Boss, is there anyone else?"
"Yes," Simon said, "some time ago, some actresses from Hong Kong came here to audition. I picked two beauties and we will go there together."
Chen Qing did not ask which two beauties they were, but asked keenly: "Are there any more?"
"I don't know, it depends on my mood."
Chen Qing pretended to be sorry: "I thought I could spend the weekend alone with my boss."
Simon said: "You pretend they don't exist and you just spend the weekend alone with me."
Chen Qing looked admiring: "Good idea, the boss is wise."
The two of them happened to enter the elevator. Except for the two bodyguards who followed them, there was no one else. Simon smiled and said to the girl next to him: "Come on, let me take a picture too. You can't always take advantage of me."