Chapter 1259 – Talks
Feng Yu asked Ralph to find ways to suppress Sina and the other companies’ share prices and how he can spend lesser money to buy back all the shares when they are delisted.
After that, Feng Yu flew to Beijing.
Feng Yu had wanted to stay a few more days in the US to visit Google, Amazon, and other companies. But the person who wants to meet Feng Yu is different.
“Director Fang, Premier Huang wants to meet me?”
Premier Huang, Huang Kejian, is the successor of Iron-fist Zhu. Iron-fist Zhu had retired, but he still has a great influence in China. Director Fang can be considered his spokesperson.
“Yes. There’s something he needs to speak to you, Mr. World’s Richest Man.”
Director Fang is hinting to Feng Yu why Huang Kejian is meeting him. Could it be the higher-ups thinks he has too much money and wants a share?
It shouldn’t be. Feng Yu had not heard about the Government targeting any tycoons in his previous life.
But there are many possibilities, and Feng Yu doesn’t want to guess. He will know the reason after they meet. But Director Fang had hinted it is about money.
Feng Yu returned home to accompany Li Na and went to ‘that’ place the next day. This is not the first time he comes here, and he had met more than one leader here.
This is Feng Yu’s first meeting with Huang Kejian, and he is very different from Iron-fist Zhu. He looks studious and feels like a University Professor.
“Manager Feng, have a seat.”
“Good morning, Premier Huang.”
“Manager Feng, I had wanted to meet you but has been too busy. Now, I finally got some free time and invited you over.” Huang Kejian said with a faint smile and sounded like having a casual chat.
“I will always be free if you want to meet me.”
“Manager Feng, I remember you are not so restrained when you meet Comrade Zhu. Don’t worry. It’s not what you imagined.”
Feng Yu is relieved. This means it should not be anything troubling.
Feng Yu felt no one should dare to touch him with his wealth now. If his wealth is confiscated by the Government, it will significantly impact China’s international reputation. Not all countries are like that Fatty, who dares to be a hooligan and do what he wants.
If the worse happens, foreign investors will withdraw their investments, and China’s economy will crash. It will be a repeat of Asia’s Financial Crisis. The Hong Kong and Macau tycoons will migrate with all their wealth. The country will suffer more losses and might even lose the opportunity to reclaim Taiwan peacefully.
“Manager Feng, I read in the papers that you are now the World’s Richest Man.”
“Yes, if we are talking about the disclosed wealth.” Feng Yu replied.
“Disclosed wealth? That means there might be others richer than you? Don’t you have 60 billion USD worth of assets?”
Huang Kejian frowned. Are there so many tycoons around? Or could it be the report about Feng Yu’s wealth is fake?
“Premier Huang, Bill Gates’ assets was over 80 billion USD two years ago. There are large conglomerates in the US, Japan, and Europe. They might not be an individual holding all the shares, but the returns are the same. These people are the most powerful, and many of them did not disclose their assets. I believe many of them might be richer than me.”
Huang Kejian had heard about these rumors, but there’s no way to validate them.
Those large conglomerates’ assets can be comparable to a country. That means they can affect a country’s economy. Feng Yu’s wealth can only be compared to a province, as his assets are less than 5% of China’s annual income.
That’s why the Chinese Government’s attitude towards Feng Yu is still very lenient. But if Feng Yu’s assets are over 1 trillion USD, it will be different!
“From what you say, do you feel those large conglomerates’ models have greater advantages?” Huang Kejian asked.
“Every model has its own advantages. But the countries close to us, like Japan and Korea, are all using conglomerates to strengthen their international competitiveness. If we want to raise internationally faster, a conglomerate is a good model to follow.” Feng Yu explained.
In Feng Yu’s previous life, China had tried this model, and that’s the reason why there are many large-scale State-owned enterprises, and many of them are making investments.
Huang Kejian laughed. “Is this why Beidacang appeared in Longjiang Province? I heard it was your suggestion.”
“I had only suggested this, and it was Secretary Xu and Secretary Zhang who decided.” Feng Yu let Xu Changyou and Zhang Ruiqiang get the credit.
One person can be capable, but it’s not good to be too capable. Although Huang Kejian had stated, the Government will not do anything to Feng Yu. Still, Feng Yu does not want to be ordered to work for the Government.
Feng Yu is carefree and doesn’t want to be tied down by rules and regulations.
Huang Kejiang did not say anything when he saw Feng Yu pushing the credit to others. He had heard that Feng Yu is not interested in becoming a Government Official and had let other people managed his companies. This means Feng Yu does not likes to have authority.
But Wang Kejian had to admit that Feng Yu had made significant contributions to the country. Besides his donations, he had helped China’s electronics, machinery, agriculture, etc. sectors improved.
If it is the ancient days, Feng Yu’s credit is enough for him to be conferred a rank of nobility. Even today, Feng Yu’s credit should be on the same level as Superman Li.
The higher-ups had asked Director Fang to test Feng Yu, but Feng Yu is not interested. Luckily, Feng Yu’s father, Feng Xingtai, is very interested in becoming a government official. They can only hope they can change Feng Yu’s mind through his father in the future.
“Manager Feng, do you think our country should restructure and merged Chinese companies to compete internationally?”
Feng Yu thought to himself. It’s finally here. He knows the leaders from State-owned enterprises cannot be compared with those large conglomerates’ managers. In his previous life, the person in charge of investing the state’s assets had suffered heavy losses.
But if these state-owned enterprises are managed well, they will bring in high returns for the nation. When China gets stronger, Feng Yu will also gain from it.
It’s just like the Americans who are always being arrogant overseas. Feng Yu hopes the Chinese can be like them in the future. But it must be when the Chinese are right and not being a hooligan.
“It’s hard for me to answer this question. But I know a good manager can bring in high profits for a company. For example, Fujio chu of Toyota. Under his leadership, Toyota grew rapidly.”
“Manager Feng, are you interested in managing a state-owned investment company? I can decide now and will give you a reasonable salary.” Huang Kejian replied.
Feng Yu is stunned. He had shot himself in his foot. I am telling you all to pick the right person to run the company and did not say I want you to pick me!
