My 1999

Chapter 554 American Dream

Dong Dong…….

There was a rapid knock on the door.

"Come in."

Lu Hui opened the door and walked in with a happy face.

"Mr. Xu, please call the White House President's Office. If you have time, please go there immediately."

"It seems that our President George W. Bush has made a decision." He quickly stood up and said, "Let's go to the White House."

After visiting a few times, Xu Liang has become familiar with this famous heart of American power.

Walking through the corridor, we soon arrived at George W. Bush's presidential office.

"Mr. Xu, welcome."

"Mr President."

After the two shook hands briefly, they sat down on the sofa in the reception area next to them.

After the secretary served the coffee, Xu Liang stopped talking.

"Mr. President called me here in a hurry. I wonder if there is something about the Hynix matter?"

"It seems that Mr. Xu values ​​this company very much?"

Sensing Bush's temptation, Xu Liang organized his words and smiled.

"As you said, I really value Hynix. As a world-renowned memory chip manufacturer, its share accounts for nearly 20% of the world. Although it is not as good as Samsung and Micron, it is also a big player in the field of memory chips.

If I can acquire it, it will enrich my career territory. "

Bush smiled.

"But as far as I know, Hynix's debt is as high as US$16.5 billion, which is nearly double its actual value. It may be difficult to repay such a high debt."

"Indeed. But if it weren't for such high debt, how could Hynix be acquired by me?"

Bush nodded.

The importance of chip companies goes without saying.

In order to suppress Japan, the United States supported South Korea's chip industry for many years, leading to the current situation.

So after he got Hynix's information these days, his first thought was to refuse.

Although after the disintegration of the Soviet Union, the "Paris Coordination Committee" that imposed a technical embargo on it was disbanded.

However, in July 1996, 33 countries, mainly Western countries, signed the Wassenaar Agreement (referred to as the "Wassenaar Agreement") in Vienna, Austria.

It was decided to implement the new control list and information exchange rules from November 1, 1996.

Like "Batumi", "Washington" also contains two control lists.

One is a list of dual-use goods and technologies.

It covers 9 categories including advanced materials, material processing, electronic devices, computers, telecommunications and information security, sensors and lasers, navigation and avionics instruments, ships and maritime equipment, and propulsion systems.

The other is a list of military products, covering a total of 22 categories of weapons, ammunition, equipment and combat platforms.

China is also among the embargoed countries.

Hynix's chip industry is undoubtedly a technology category stipulated in the Wassenaar Agreement that prohibits export to China.

This is also the reason why Xu Liang, although he coveted Hynix, never took action.

Without the permission of the United States, even if South Korea wants to sell it, it will not pass the review of the Ministry of Commerce of each country.

"Mr. Xu, the chip industry is a technology industry that is expressly prohibited by the Wassenaar Agreement and cannot be exported to China, so I am very embarrassed by your request."

"Mr. President, the Wassenaar Agreement prohibits the export of the most advanced electronic device technology to China, but Hynix's technology is not comparable to top companies such as Samsung and Micron, so it should not be banned.

Secondly, Hynix's development relies on photolithography machines produced by AMEX, Nikon, Canon and other companies, and it is extremely dependent on the upstream and downstream industrial chains. "

Xu Liang's meaning is very clear, Hynix is ​​easier to control.

After thinking for a while, Bush Jr.

"Mr. Xu, if you are willing to become an American citizen, I will immediately agree to your request."

"Mr. President, I have great respect for the United States and admire its outstanding contributions to human development, but after all, I am a businessman and I pursue profits.

Business in the United States has been developing for hundreds of years, and all walks of life have long been monopolized by the powerful. It is too difficult for me, a Chinese, to join in and achieve great results.

On the contrary, China has only been reforming and opening up for ten years, and no monopoly giant has formed in all walks of life. With my ability and capital, it is easier to succeed in China. "Xu Liang said.

"Mr. Xu is not afraid that his assets in China will be confiscated in the future?"

"That's why I plan to acquire Hynix."

Bush looked at the man in front of him with deep eyes, but unfortunately there was nothing strange about the man's face.

After pondering for a moment.

"So, Mr. Xu acquired Hynix to find a way out for himself in the future?"

"There is this idea, but more and more people are optimistic about this industry. As computers are updated and their performance is getting better and better, the market will become bigger and bigger, and every computer needs memory chips. This is an ongoing issue. Expanded market.

I hope to get a piece of this in the future. "

After Bush pondered for a moment, he said, "Mr. Xu, where will Pacific Fund 1 invest after raising funds again?"

Xu Liang was stunned for a moment and quickly reacted.

Bush is still hesitant.

"The amount raised this time is relatively large, and it is difficult for a simple stock market or bond market to accommodate such a large amount of money. Therefore, I want to invest separately, half in the stock market and half in the bond market.

The stock market will be dominated by high-tech stocks including the Internet. In the past, Nasdaq, Internet companies that survived the gold rush all have great investment value.

As for the bond market, thanks to the "American Dream Down Payment Act" enacted by Mr. President in April this year, U.S. real estate will usher in greater development, so we will invest in corporate bonds in the real estate industry chain. "

Speaking of the "American Dream Down Payment Act", I have to mention the tax relief of George W. Bush that I wrote about before.

In 2001, the United States was suffering from the crisis of the Nasdaq bubble collapse.

From 2000.3 to 2002.9, the Nasdaq plunged 75%, and the largest technology investment boom in history initiated by President Clinton came to an end.

At that moment, disappointed public opinion naturally turned to embrace Republican George W. Bush.

Bush is the son of President Bush Sr. He has double degrees from Yale and Harvard. He has been the owner of an energy company and also ran a Texas baseball team.

He has a healthy image, often participates in marathons, is the president's son and a baseball team owner, and is active in the media, so he is very popular.

With this popularity, he was elected governor of Texas in 1995. During his term, he implemented a tax cut of US$2 billion, the largest tax cut in Texas history. He won re-election in 1998 with 69% of the vote.

In 2000, when the economic crisis was raging, he entered the national presidential election and once again used the tried-and-true "tax reduction" slogan.

This resume and political platform cannot be said to be very similar to the policy policies of Bush Sr. and Reagan at that time, but they can only be said to be exactly the same.

His political platform combines Bush's high education and business experience with Reagan's people-friendly image and governor's experience, and can successfully evoke people's fond memories of the 1980s. There is no doubt that he has a powerful destructive power.

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