Rebirth in 1989: Creating the Chinese Technology Empire

In the room, Clinton and Hillary were very excited by Xu Huasheng's words. They looked at Xu Huasheng with completely different eyes, full of love.

A large order worth tens of billions of dollars. This order is too important for Boeing.

Boeing is currently in a very bad situation. It is even said that it is struggling on the edge of life and death, and it may end at any time.

There are many reasons for Boeing's situation. On the one hand, the Iran-Iraq war has caused the international economy to decline, causing the international civil aviation market to shrink in recent years, and global passenger aircraft orders have dropped a lot.

On the other hand, since the late 70s, with the support of the Carter and Reagan administrations, the U.S. aviation industry, which had long been subject to government regulation, was loosened, entry barriers were lowered, and price controls were relaxed, spawning a large number of new airlines. company.

There are more airlines, and the price war between them is becoming increasingly fierce. As a result, they can no longer pass on the cost of purchasing aircraft to passengers through fares as in the past, so they require upstream aircraft manufacturers to reduce costs and reduce the price of aircraft, further Increase your own return speed.

As aircraft prices have dropped, Boeing can no longer develop new aircraft regardless of cost as it did in the past, and its technological innovation capabilities have also been curbed. Coupled with the head-on challenge from Airbus, Boeing now attaches great importance to aircraft costs and profits. The entire Boeing company used to revolve around technology, but now revolves around stock prices, losing its original backbone.

And this is not the most fatal thing for Boeing. The most fatal thing was that after Frank Schlonz was promoted to CEO of Boeing in 1986, Boeing had four fatal air crashes in just three months from December 1988 to March 12. In the same year, the 1989-3 began production. Delays and this series of events caused Boeing's stock to plummet, directly leading Boeing into a deeper crisis.

By 1990, the commercial aviation industry was in another downturn, and orders for all aircraft worldwide dropped from 1989 in 1662 to 1991 in 439. Airbus, which is funded by the EU, has no choice but to start a price war with Boeing, hoping to survive for a while.

At the same time, the Soviet Union disintegrated and the Cold War ended. The Pentagon's spending on military systems also dropped sharply, which directly hit Boeing's defense department. A large number of military orders were cancelled, and Boeing was hit hard again.

In response to the crisis, Frank began laying off employees. From 1989 to this year, Boeing's workforce has shrunk every year, with a total loss of 40000 jobs.

To put it bluntly, it is no exaggeration to describe Boeing’s current situation as hanging by a thread. In fact, it's not just Boeing, Airbus, and McDonnell Douglas whose lives are hanging on by a thread. Life is extremely difficult right now.

Airbus would have been doomed long ago without Germany and France to survive. Without the British to survive, McDonnell Douglas would probably have been doomed long ago.

This period is a cold winter for global aircraft manufacturing companies.

Now the U.S. government is also exploring how to extend Boeing's life. They are preparing to launch the Free Space Station plan again. NASA is preparing to extend Boeing's life as the main contractor of the International Space Station, but this plan has not yet officially started.

For the United States, Boeing cannot collapse because Boeing is too important to the United States. Boeing is not just a manufacturer of passenger aircraft. Boeing is also very good in the military industry. If Boeing were to die, it would definitely be a fatal blow to the U.S. aviation industry.

At this juncture, Xu Huasheng suddenly told Clinton that he wanted to purchase 200 passenger planes. This was Boeing's life-saving straw.

If Boeing can take over this business, then Boeing will be able to survive directly. 200 aircraft is a very large order, and these 200 aircraft may be the first batch of orders. China is so big and has such a large population, there will be too many passenger aircraft in the sky in the future.

If Boeing can win the huge market in China, just one Chinese market will be enough to make Boeing the greatest company.

"Mr. Xu, do you really want to buy 200 passenger planes?"

Clinton couldn't help but ask again, looking at Xu Huasheng solemnly.

"Mr. President, our China is developing, and our people also have the need to travel by air. We have a population of 12 billion, and 200 aircraft are just the beginning for us. In the future, we may need 2000 or even 2000 aircraft in the air Passenger planes. But we in China do not have the ability to manufacture passenger planes, so we can only buy them. This is also one of the important purposes of our inspection team, but we will consider it comprehensively. You also know that China is very poor, and we need to see who it is. Only if the conditions given are better and more suitable can we finally decide which company to give the order to. Our people have also begun to contact Airbus and McDonnell Douglas, and they are also paying great attention to it..."

Xu Huasheng said directly, which made Clinton take a deep breath.

To get it, we must help Boeing win this order. We must not let McDonnell Douglas and Airbus take away this order.

This order is too important for Boeing. This order is a shot in the arm and a life-saving pill. As long as you help Boeing win this super order, Boeing can survive. The consortium represented by Boeing will definitely support itself in the future, which is so important.

And for me, this is also a top-notch political achievement that gets off to a good start.

If Boeing can continue to get more passenger aircraft orders from the Chinese market during his term in the future, then his achievements will be great, and the chance of winning in the mid-term elections four years later will be even greater.

Thinking of this, Clinton's face was filled with smiles.

"Mr. Xu, our Boeing company has the best passenger aircraft in the world. It is a very good choice for you to buy Boeing aircraft. Tomorrow I will help you make an appointment with Frank in person. I believe he will also be looking forward to meeting you. Mr. Xu, I will keep in mind the friendship between your Huasheng Group and our American companies. I also welcome your Huasheng Group to invest in our United States, and our United States welcomes more outstanding companies..."

Clinton said with a smile, and the polite words were very beautiful.

Xu Huasheng smiled slightly and said nothing more. Even polite words can be said, but in the end it still depends on concrete actions. Since I gave Boeing such a large order, I must get something from the United States.

As for Boeing's orders, Xu Huasheng has already dug up a chain waiting for Boeing to jump into it. Once Boeing jumps into this pit, it will be difficult to get out. The food Xu Huasheng fed was not that delicious. After eating these things, you have to pay something in the end. Xu Huasheng is not an upright businessman. He has never let down his guard against the United States, and he has never believed in the fair trade advertised by the United States.