Reborn Xiangjiang Tycoon Growth
Chapter 820 After the report 4
Of course, Americans can also see the report of Nihon Keizai Shimbun. The richest man Bao has huge influence in the United States. He is a typical representative of the American dream and has many fans in the United States. In addition, the Ministry of Commerce is now imposing restrictions on Heiyun Group.
The antitrust investigation has made people pay close attention to the richest man in Hong Kong.
There has been no practical progress in investigating the monopoly of Heiyun Group. After all, Heiyun's products are relatively high-end. Judging from the scale of market share, it cannot reach monopoly at all. However, the commercial department cannot give up easily. To be precise, it does not dare to give up.
Let it go.
If we give up, we are likely to receive a counter-suit from Heiyun Group, and the Commerce Department will become very passive by then. It is so easy to launch an investigation into a company without getting the results yet, which will also be a huge blow to the credibility of the Ministry of Commerce.
So now the commerce department is thinking about how to end it. After all, the tax department already has serious objections to them.
The first companies to be investigated by Heiyun Group are computer and automobile companies. Because these two companies are headquartered in the United States, all taxes must be paid to the U.S. tax department. In recent times, the amount of tax paid by Heiyun Group has dropped sharply, which is consistent with the anti-monopoly
Investigation has a lot to do with it.
Unlike other large companies in the United States, the subsidiaries of Heiyun Group are registered in Hong Kong, Japan, the United States and other places. Bao Zixuan has never thought of registering companies in tax havens such as Bermuda and the Cayman Islands.
At this time, the advantages have been revealed, and powerful departments in the United States have begun to speak out and support the Black Cloud Group.
A leader of the U.S. Tax Administration said: "Combined with Bao Zixuan's work attitude in Japan and the professionalism he showed, it is not difficult to see that it makes sense for a person to succeed."
"It is normal for young people to create a company that affects the world and invent epoch-making products through their own efforts. We cannot say that someone is a monopoly just because he works harder than others and makes more money than others."
"That is contempt for the free capital market and a setback to economic development."
"Heiyun Group is the most tax-compliant company in the United States and has never had to worry about the tax department. Not only the company, but Heiyun employees also pay the highest average personal income tax in the United States. Even more than many fund companies on Wall Street; because the parent company of the fund company
They are all registered in tax havens such as the Cayman Islands, but Black Cloud Group has never been one.”
"The commerce department should investigate some companies that are cheating and cheating, instead of just focusing on honest companies. That was the case with IBM back then, and now it is the turn of Heiyun Group. Can't companies invent and innovate? They should
New technology improves production efficiency.”
The tax department has a very strong influence in the United States, at least much more powerful than the Department of Commerce.
The tax department endorsed Heiyun Group, and the Ministry of Commerce was in a very difficult position. They were already on the verge of a hard time, and they were unwilling to give up so easily.
With the tax department's voice, John Chambers immediately released a documentary about the U.S. branch of Black Cloud Group.
While other auto factory workers in Detroit have taken a break, Heiyun engineers are working hard. When others have gone off work, Heiyun computer engineers are still writing code.
While other workers can only receive a meager salary, Heiyun engineers receive twice as much as they do, or even more.
At the end, it says, this is a group of lunatics; lunatics who fight for their country, nation, and family.
After the documentary was aired, although it was ridiculed by some labor unions, no one among Heiyun workers took the union seriously at this time. Their basic wages were already the highest in the industry, plus overtime pay, bonuses and other incomes
.Already above the middle class in the United States, the average salary of Heiyun Auto workers is only slightly less than that of lawyers and doctors.
This is a huge encouragement for a blue-collar worker. If anyone dares to speak ill of the company and the boss, they must fight him to the death.
Therefore, within the Heiyun Automobile Factory, the labor union has ceased to exist in name only. It cannot influence the workers' thoughts at all. There is only one voice here, and that is Bao Zixuan's voice.
At this time, the entire United States is waiting for the investigation results of the Commerce Department. A group of people who work so hard actually say that they are a monopoly. If this is tenable, who will dare to study hard and work hard in the future.
Due to the delay in receiving a response, demonstrations took place in many places in the United States. They all demanded an explanation from the Ministry of Commerce, otherwise the people would never agree.
Things got worse and worse, and in the end, even the then US President Ronald Reagan had to come out for an interview. He asked the commerce department to conduct a fair and objective investigation. It should not be acted on impulse, let alone hurt the hard-working entrepreneurs.
It can be said that this was equivalent to a statement. In the end, the commerce department had no choice but to end the antitrust investigation against Heiyun Group hastily. Bao Zixuan did not do everything possible, mainly because he did not dare to push the government departments to death.
This matter has just passed. I only hope that the U.S. Commerce Department can remember the lesson. But the Commerce Department has lost such a big face, how could it give up so easily. Whoever makes them unhappy will not make people feel comfortable. They are just waiting for the opportunity.
That's all.
In fact, the counterattack against the U.S. Department of Commerce has been brewing for a long time; it is just that there has never been a suitable opportunity. Mr. Bao did not expect that Japanese media reports could have such a big effect. It seems that there is some truth in calling reporters the uncrowned king.
.
Like the U.S. Department of Commerce, U.S. companies that compete with Heiyun are also very unhappy. Especially local American auto giants such as General Motors and Ford; the rise of Heiyun Motors has the greatest impact on them.
In the past, we could compete with Japanese and European car companies. However, since Bao Zixuan entered the automotive field, the business of the two companies has plummeted.
Heiyun Automobile is really suitable for the American domestic market, as if it was tailor-made for Americans.
Previously, I wanted to rely on the Ministry of Commerce’s anti-monopoly investigation of Heiyun Group to regain the market, but in the end I found that I still had to rely on myself for everything.
General Motors is definitely the most depressing company. When they held Suzuki Group shares, the company had been tepid and the stock price had never fluctuated much. Since the public knew that Heiyun Motors had taken a stake, the stock price rose by more than 100% in just a few days.
30%. This is not to tell the world that General Motors' influence is not good, at least it is still far from the black cloud.
General Motors was founded on September 16, 1908. Since William Durant founded General Motors of the United States, General Motors has produced and sold a series of brand models and services around the world, including Buick, Chevrolet, Cadillac, GMC and so on.
Its multiple brands and full range of models are sold in more than 120 countries and regions around the world, including mini cars, heavy-duty full-size trucks, compact cars and convertibles.
This is one of the largest automobile companies in the United States and even the world, and no one dares to ignore its existence.
At this time, General Motors was holding a board meeting. The company's CEO, Mike Donald, said to the directors: "Dear directors, this can be said to be the most difficult period in GM's history. I have to bear the main responsibility here. If everyone feels that I am not qualified to be CEO,
position, I can resign."
This trick of using retreat to advance is very good, even perfect. The current situation is not Mac Donald's fault alone, it may be the same for anyone else. And this old boy still has some ability, so let him do it for a while.
Time will tell.
This is the true thought of most directors, and a new person might not be as good as him!
Seeing that no one stood up to remove him, MacDonald knew he had made the right bet.
MacDonald continued: "Since the directors can continue to trust me, then I must do my best to reverse the situation."
"General Motors is currently facing a huge crisis. The external market includes Japan, and European car companies are pressing harder. The domestic market in the United States has also been squeezed by Black Cloud Motors, leaving almost no room."
"If this continues, GM may face the risk of bankruptcy. Just now, the U.S. Department of Commerce has concluded its antitrust investigation into Heiyun Group, which means that we have to solve all problems ourselves."
"Before the meeting, Ford Motor Company has contacted me. I hope our two companies can cooperate and jointly face the pressure brought by Heiyun Motors."
In fact, it is an exaggeration to say that General Motors is bankrupt. After all, General Motors not only produces civilian vehicles, but also purchases a lot of military and police vehicles every year.
Without the civilian market, life may not be so prosperous.
The directors found it inconceivable that Ford would actually take the initiative to join forces with General Motors. It seemed that they were forced into a hurry. Otherwise, given the competitive relationship between the two companies, there would be no intersection.
What Mr. Bao didn’t know was that a series of his actions in Japan indirectly contributed to the first cooperation between the two largest automobile companies in the United States.
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