Resource Tycoon Reborn

Chapter 477 Bad News

"Well, Brother Xia, have a great New Year!" Fang Mingyuan gestured to Qiu Xia and walked aside to answer the phone.

"Young Master Fang, I have failed to live up to your expectations!" Xia Wen's voice was obviously choked with sobs.

"What happened?" Fang Mingyuan asked in a deep voice. Before New Year's Day, which was Easter for Westerners, he met Xia Wen in Shanghai. That time, he took a Westerner to celebrate Easter, and there was no way he could

I went to work and returned to Fengyuan to visit relatives. At that meeting, Xia Wen was still a high-spirited and handsome young man who had a firm belief in the Fang family’s investment prospects in Western Australia. Moreover, according to the news from Xia Wen, the Fang family’s investment

There is hope that we can start to get approval from the local government around the Spring Festival. How long has it been? Why is it like this? Could it be that...

"Is there something wrong with the investment approval?" Fang Mingyuan said.

"Yes! Australia's Foreign Investment Review Board just announced that overseas investors' shareholding ratio in large Australian mining companies shall not exceed 15%, and their investment in new projects shall not exceed 50%!"

Xia Wendao said, "It can be said that the application we submitted two months ago will definitely not be approved!"

Australia's Foreign Investment Review Board is an institution established by the Australian government to review and approve foreign investment planning to enter the Australian market. If it cannot obtain its approval, foreign investment will not be able to land in Australia at all!

The issues reviewed by the Foreign Investment Review Committee are: whether the investor's operations are independent of the relevant foreign government, and whether the investment project is likely to hinder competition, lead to improper concentration, or lead to control of related industries. The committee also considers on a case-by-case basis

Review whether the investment may harm Australia's national interests. Generally speaking, the review period for individual cases is thirty days. If necessary, the Foreign Investment Review Committee can also extend the review time to up to 90 days depending on the circumstances of the case to fully investigate and

Audit. It can be said that this is a very powerful organization!

Fang Mingyuan is no stranger to this organization. In the previous life, when Chinese companies purchased Australian mining companies, they were greatly hindered because of its existence! In the previous life, Rio Tinto was Australia's second largest mining company and the world's third largest mining company.

It gave up on the deal that had been negotiated for a long time and was almost completed by Huaxia Aluminum to inject nearly 20 billion US dollars. Instead, it established a joint venture with BHP Billiton, Australia's largest mining company and the world's second largest mining company, to establish an iron ore company.

Although after the matter was announced, the Australian government repeatedly stated that it had not intervened and that the decision of Rio Tinto's board of directors was entirely based on commercial behavior due to rising iron ore prices. However, no one can deny that it was precisely because the Foreign Investment Review Committee repeatedly delayed the approval time.

Indirectly caused the failure of Huaxia Aluminum's capital injection!

This time, Xia Wen submitted an approval report for the purchase of mining rights to the Australian government on behalf of the Fang family. The approval was also repeatedly delayed by the Foreign Investment Review Committee. Until today, the director of the Foreign Investment Review Committee, Kurt Maure Crete, announced to the public

This decision! And this decision means that the report that Xia Wen submitted is completely scrapped!

Fang Mingyuan sighed slightly in his heart. It seems that the storm of flapping wings of a little butterfly like him has not affected Australia yet! To be honest, this result is not beyond his expectation. These developed countries in the world,

Which one is not trying its best to open up the markets and resources of other countries, while at the same time protecting its own three-acre land! Among big countries, I am afraid that only China will take care of many important...

Fang Mingyuan shook his head and didn't want to think about it anymore. He continued: "Brother Xia, I understand, there is nothing to be sad about. I didn't expect our application to be approved in one go! Well, for our application

What is the local government’s response to the acquisition of mining purchasing rights?”

Xia Wen had only half let go of his hanging heart. He was filled with sadness. On the one hand, he felt that all the work he had done for so long had come to nothing. On the other hand, he was also worried that he had not been able to handle this well.

Will this incident cause Fang Mingyuan to be strongly dissatisfied with himself? He may even put himself aside! During this period in Australia, although it was relatively hard, the salary and benefits were also extremely generous. Even with him abroad,

Compared with those alumni, they are even worse!

And, more importantly, Xia Wen is now the sole leader, and Fang Mingyuan has promised that once the acquisition of mining rights in Australia is successfully completed, he will be one of the top managers of the Fang family here. This is a key investment opportunity in the future.

It's a big project worth billions of dollars! Not to mention in China, even in Europe and the United States, this is not a small project! For such a big project, under normal circumstances, how can someone like him do it in such a short time?

In a short period of time, he became a senior manager of such a large project?

Therefore, Xia Wen attaches great importance to such a rare opportunity. These days, he can be said to have racked his brains and tried every means to complete the acquisition plan. However, today's decision of the Foreign Investment Review Committee has dashed all his hopes.

Soaked in soup.

"The local government welcomes our arrival! Mr. Sekri Liluke, director of the Governor's Office of Western Australia, once told me that as long as the acquirer treats the locals equally, he doesn't mind whether the investor is China, Japan or Russia.

Or other countries. And many local officials claim to be very supportive of foreign investment, because without the injection of foreign capital, the local economic development has stalled!" Xia Wen said quickly.

Fang Mingyuan felt more at ease. As long as the local government welcomed this, it would not be difficult to accomplish it. It was just a matter of time. He only had to wait for the Southeast Asian financial crisis to break out. By then, the economic development would slow down.

, and even the Australian government, which may be in recession, will no longer refuse investment from the Fang family!

"Brother Xia, don't worry about this result! However, I ask you to have a good relationship with the local government and get their strong support! Wait for the next opportunity!" Fang Mingyuan said.

Seeing Fang Mingyuan hang up the phone and walk over with a somewhat solemn expression, Yu Qiuxia asked with some worry: "What's wrong? What happened again?" Under normal circumstances, if it is not a major matter, it is impossible to make a direct call.

Came here to Fang Mingyuan.

"Well, it's a troublesome matter. The Australian Foreign Investment Review Board has just rejected the mining rights acquisition application we submitted more than sixty days ago in disguise! Xia Wen is under a lot of pressure!" Fang Mingyuan spread his hands.

"Australia..." Yu Qiuxia was also at a loss to do anything about this. Although Australia's national power is not very strong and its influence on Asia is limited, it belongs to the ranks of developed countries in Europe and the United States after all. Although the Guo family also has economic ties with Australian companies

However, if you want to influence the decision-making of the Australian government, it is beyond your capabilities!

"Sister Qiuxia, don't worry, it's just a matter of time!" Fang Mingyuan winked at her, and Yu Qiuxia nodded knowingly.

"Huh? Why are they there? Besides, the third cousin is here too!" Zheng Jiayi suddenly said in surprise. Looking along her gaze, she saw Li Zhang and Xu Jiaxiang looking over here on the other side of the parking lot.

At the same time, there were two more young men beside them!

"Is that the young man, the mainland guy?" Miao Jiaxing said in disbelief.

"That's him!" Li Zhang said bitterly, "It is said that his uncle is the vice president of Kumho Group!"

"How could Yu Qiuxia agree..." Miao Jiaxing was startled and said with a strange expression, "You said his uncle is the vice president of Kumho Group? His surname is Fang?"

"Yes!" Xu Jiaxiang replied without knowing why.

"How could it be him? Why did he come to Hong Kong during the Chinese New Year? No wonder..." Miao Jiaxing touched his chin and said thoughtfully. There are several vice presidents of Kumho Film Group, but the one named Fang

But there is only one person, and that is Fang Bin! As a member of a quasi-rich family in Hong Kong, the Miao family's understanding of Fang Bin is naturally not comparable to that of Li Zhang and Xu Jiaxiang.

"No wonder! It turns out to be him!" Another young man standing next to Miao Jiaxing also expressed the same emotion.

"Jiaxing, Hucheng, I said it's no wonder that you two are here, one on the left and no wonder on the other. What exactly do you want to explain?" Li Zhang was just venting his anger, and was confused by the unexplained emotions of the two.

He was even more furious.

"Li Zhang, I'm not a brother and I don't want to help you. I really don't dare to help you. If I do this, my father and my uncle will probably be able to break my legs! And even if I'm lying on a stretcher, I have to

Go and apologize to others! Even if it is like this, it may not be able to make others feel relieved." The young man known as Tiger City smiled bitterly and said, "I really don't dare to get involved in this matter!"

Li Zhang and Xu Jiaxiang couldn't help being surprised! The young man known as Hu Cheng had a surname of Zhao and a first name of Hu Cheng. Among the young generation in Hong Kong, he was also considered an elite generation. And his father and uncle were Hong Kong gangsters.

The tycoon in the world controls almost 20% of the power of Hong Kong's underworld. Although he has not yet reached the point where he can dominate the country and control the wind and rain, his strength should not be underestimated.

Li Zhang and Xu Jiaxiang were here just now discussing how to embarrass Fang Mingyuan on Mrs. Zheng Yudong's birthday. Miao Jiaxing and Zhao Hucheng came out of the racecourse and were surprised to see Li Zhang and Xu Jiaxiang here, but Zheng Jiayi was missing.

Li Zhang and Xu Jiaxiang naturally described what had just happened to them in a concise and succinct manner. After Miao Jiaxing and Zhao Hucheng listened, Mingyuan was also confused and had no idea who it was. Just

At this time, they saw Yu Qiuxia and others walking together.

"Hucheng, after talking for a long time, who is he? He can't be the illegitimate son of a senior executive in China, right?" Xu Jiaxiang said with some annoyance. Hearing what Zhao Hucheng meant, his father and uncle were also very afraid of this young man.

.Even if Zhao Hucheng offends the other party, he will deal with it without any mercy and still have to apologize to the other party! You know, Zhao Hucheng is a single seedling in the thousands of hectares of land that the Zhao family now owns!

"We don't know if he is the illegitimate son of a senior executive!" Miao Jiaxing said leisurely, "But he is the god-grandson of Mr. Guo, the head of the Hong Kong Guo Shipping Group, and he is very favored! In the Guo family's mansion in Hong Kong

, there will always be a place for him! This is what Mr. Guo said himself!"

"Ah?" Li Zhang and Xu Jiaxiang were surprised. Of course they knew about Guo's Shipping Group, and they had naturally heard of the name of the leader, Mr. Guo Dongcheng. Although they saw that Yu Qiuxia and Fang Mingyuan seemed to have a close relationship,

Intimate, but I didn't expect that Fang Mingyuan actually had such a relationship with Mr. Guo. If that were the case, Fang Mingyuan's identity would be even more confusing.

"No! He clearly called Mrs. Guo just now?" Xu Jiaxiang shouted as if he was grasping at straws.

"Yes, he is Mr. Guo's god-grandson, a very beloved god-grandson, Yu Qiuxia's god-brother, and Guo Qing'er's brother." Zhao Hucheng said with a bitter smile. Li Zhang and Xu Jiaxiang looked at each other, not knowing for a moment what to do.

What can I say?

"What kind of messy relationship is this? Mr. Guo doesn't care about it?" It took Li Zhang a long time to hold back a sentence. These big Chinese families in Southeast Asia still retain most of the traditions of China's past.

It's still a serious injury. If this happened to Li Zhang's family, even Li Zhang, the eldest grandson of the Li family, would probably have to have a good meal!

"Someone said a wise saying that Hong Kong women still talk about today. Women, after they are twenty years old, they always hope to be twenty this year and eighteen next year. So, I just call her Sister Qiu Xia,

Never call me aunt, aunt or anything like that!" Miao Jiaxing spread his hands and said, "It seems that he said this in front of Mr. Guo, and Mr. Guo just laughed it off, so naturally no one will care about him!"

"Hiss..." Li Zhang and Xu Jiaxiang gasped at the same time.

"Moreover, he is also very familiar with Mr. Zheng Yutong, the head of Chow Tai Fook Jewelry and Gold Shop! Every time he comes to Hong Kong, he will go to Zheng's house to sit down, and Mr. Zheng Yutong receives him every time!"

Miao Jiaxing continued, "As far as I know, Mr. Zheng also likes him very much and intends to introduce Jiayi to him. It's just that this boy seems to have a female partner who grew up with him in the mainland, so he and Jiayi have always been on good terms.

Not close!”

"Really?" Li Zhang blurted out. This was the saddest and most beautiful sentence he had ever heard until now.

Miao Jiaxing hesitated and said: "Master Zheng likes him very much and intends to introduce Jiayi to him. This must be true. I heard what my aunt, Jiayi's mother, said. As for that boy... I

All I can say is that it’s possible!”

Li Zhang and Xu Jiaxiang looked at each other. After a long time of fussing, it was still bad news!

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