Rebirth of the Republic of China: The Story of the Chaebol

"What does the situation you are talking about have to do with our Nanhua? The situation in West Asia seems complicated, but in the final analysis, the forces in the south of our Nanhua are only the Kingdom of Ackerman and Yemen. As long as there is no trouble in these two regions, why should we interfere in the affairs of other places? You should learn this from the Dragon Kingdom in the north. Haven't you noticed that the Dragon Kingdom has become more and more low-key in recent years? When have you seen the Dragon Kingdom express its opinions on international affairs that have nothing to do with its own country?"

Sun Jingwen is already in his forties, and it stands to reason that his political vision should have matured by now.

However, his views on some international issues are still not very mature, take the issue he talked about this time.

This is clearly a matter between the Ugly Country and the Russian Bear. What does it have to do with Nanhua?

In fact, the two countries are now making trouble in the West Asia region, which is actually a good thing for South China. You know, because of the war, the international oil price is constantly rising.

It seems that the Ugly Country and its group of countries have gained a lot from this matter, but in fact, the one that has gained the greatest benefit is Nanhua.

"But if we continue to allow the chaos in West Asia to continue, will it affect the international reputation of our Nanhua?"

Nanhua has been exporting culture to the world through the entertainment industry in recent years, and the effect has been quite good. Such publicity is bound to be mixed with a lot of private work in the process.

During this period, South China has been promoting itself as a responsible major country. If South China remains indifferent to the current situation in West Asia, wouldn't it go against its own propaganda over the years? Sun Jingwen is certainly unwilling to do such a thing that would only slap himself in the face.

"Then why don't you send the Ministry of Foreign Affairs to talk more and persuade everyone to live in peace?"

What Sun Tong said is actually not popular in this era. After all, many people living in this era have experienced two world wars. For these people, talking nonsense is useless. If you can take action, then don't argue.

It is precisely because of this that if Nanhua really jumps out to do this at this time, it may reap some unexpected benefits.

As for letting Nanhua take action personally, that is purely wishful thinking.

As I said, Nanhua is now adhering to the principle of "I will not offend others unless they offend me". Wouldn't it be nice to make more money instead of fighting?

"If you have time to care about the situation in West Asia, you might as well pay more attention to the domestic textile industry. Haven't you noticed that the domestic textile industry has been getting worse and worse in the past two years?"

"Father, the government is already trying to curb this phenomenon. Now the government has proposed a plan to support domestic mid- to high-end clothing brands, which has effectively curbed the decline of the domestic textile industry."

"That's it? How much of the domestic clothing market do you think the mid- to high-end brands you mentioned can take up? Especially those high-end brands? What is their annual shipment volume? Have you asked someone to calculate it?"

"..."

"You don't think that because Nanhua's economy is developing well, all the people in Nanhua are rich, right?"

Nanhua is now replacing the role of the American in Sun Tong’s previous life, but Nanhua is more steady than the American, and at the same time, Nanhua is not as overbearing as the American.

But look at what happened to Sun Tong in his previous life as an American. Any random product could be sold for several or even dozens of dollars.

It is obvious that the purchasing power of the US dollar is very strong, but due to economic problems, domestic inflation is serious, and sucking blood from abroad cannot offset domestic inflation. This ultimately leads to the fact that the income of domestic civilians seems not low, but their consumption capacity is constantly deteriorating.

Nanhua actually already has such signs now, but Sun Tong has always attached great importance to this issue, so no matter which industry has problems, Nanhua can always adjust it in the first time.

But this time the textile industry is really failing.

Labor costs in Nanhua are high nowadays, but this is not the main reason for the decline of Nanhua's textile industry.

Look at the situation in China in later generations. Labor costs in China were not cheap at that time, but why didn’t China’s clothing industry encounter any problems?

Ultimately, it is because the government's regulation of the market is not in place, and domestic clothing companies have never been able to accurately position their companies, which has led to the current situation.

In fact, Nanhua's raw material processing, clothing design and many other industries closely related to the clothing industry have developed very well. Otherwise, Nanhua's luxury brands would not be so popular internationally.

As for why those large garment factories are doing so poorly, isn’t it because the leaders of those companies don’t know how to utilize domestic resources?

Many clothing companies in Nanhua tend to make a mistake, which is wanting to do everything themselves.

A clothing company, in addition to purchasing raw materials for weaving from outside, has to handle all the subsequent industries such as textile, dyeing, clothing processing, and clothing design by themselves.

Isn't there something wrong with this?

What kind of good person does business like this?