Reborn In Hong Kong: The Tycoon Grows Up - Chapter 820
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Chapter 820

Of course, Americans can also see the report of the Nihon Keizai Shimbun. Bao's richest man has huge influence in the United States. It is a typical representative of the American dream and has many fans in the United States. In addition to the current anti-monopoly investigation of Heiyun Group by the Ministry of Commerce, people are very concerned about the richest man in Hong Kong.

There has been no practical progress in investigating the monopoly of Heiyun Group, after all, Heiyun products are relatively high-end. In terms of market share, it is impossible to achieve a monopoly at all. However, the commercial sector cannot easily give up, and to be precise, it is not afraid to just let it go.

If it gives up, it is likely to receive a counter-suit from the Black Cloud Group, and the business department will become very passive. It is a huge blow to the credibility of the Ministry of Commerce to launch an investigation on an enterprise so easily without getting any results.

So now the business department is thinking about how to end it, after all, the tax department has a lot of opinions on them.

The first to investigate the Black Cloud Group is the computer and automobile companies. Because the two companies are headquartered in the United States, all taxes must also be turned over to the U.S. tax department. Recently, the tax payment of Heiyun Group has plummeted, which has a lot to do with the anti-monopoly investigation.

Unlike other large companies in the United States, the subsidiaries of Heiyun Group are registered in Hong Kong, Japan, the United States and other places. Bao Zixuan never wanted to go to tax havens such as Bermuda and the Cayman Islands to register a company.

At this time, the advantages have emerged, and some powerful departments in the United States have begun to speak and stand for the Black Cloud Group.

A leader of the U.S. Taxation Administration said: "Combining Bao Zixuan's work attitude in Japan and his professionalism, it is not difficult to see that it makes sense for one person to succeed."

"It is normal for young people to create a company that affects the world through their own efforts and invent epoch-making products. We can't say that they are monopolized because they work harder than others and make more money than others."

"That's a contempt for free capital markets and a setback for economic development."

"Black Cloud Group is the most tax-paying company in the United States, and never has to worry about the tax department. It is not only a company, but Black Cloud employees also pay the highest average personal income tax in the United States. Even more than many fund companies on Wall Street; because the parent company of the fund company They are all registered in tax havens such as the Cayman Islands, which Black Cloud has never been.

"The commerce department should investigate some companies that are stealing and cheating, instead of blindly staring at companies that are honest and responsible. This was the case with IBM back then, but now it's the turn of the Black Cloud Group. Can't companies invent innovation? New technologies increase productivity.

The tax department has a very large influence in the United States, at least much more powerful than the Department of Commerce.

The Ministry of Commerce was very embarrassed when the tax department endorsed the Black Cloud Group. At this time, it is difficult to ride a tiger, and they are very unwilling to give up so easily.

With the voice of the tax department, John Chambers immediately launched a documentary about the US branch of the Black Cloud Group.

While other Detroit auto plant workers have taken a break, Black Cloud engineers are working hard. Black Cloud computer engineers are still writing code when everyone else is off work.

When other workers were paid meager wages, Black Cloud engineers were paid twice as much or more.

At the end, it is written that this is a group of lunatics; lunatics who fight for the country, the nation, and the family.

After the documentary was broadcast, it was ridiculed by some unions. But at this time of the Heiyun workers, no one is taking the trade union seriously. Their basic salary is already the highest in the industry, plus other income such as overtime and bonuses. Already above the middle-class family in the United States, the average salary of Black Cloud auto workers is only slightly less than that of lawyers and doctors.

This is a great encouragement for a blue-collar worker. If anyone dares to speak ill of the company and the boss, they have to work hard with him.

Therefore, in the current Heiyun Automobile Factory, the union has already existed in name only. There is no way to control the thoughts of the workers. Now there is only one voice here, and that is Bao Zixuan's voice.

At this time, the United States is waiting for the results of the investigation by the Commerce Department. A group of people who work so hard actually say that they have a monopoly. If this is tenable, who will dare to study hard and work hard in the future.

Due to the delay in getting a response, parades appeared in many parts of the United States. They all asked the Ministry of Commerce to give a statement, otherwise the people would never agree.

Things got so bad that in the end even then-President Ronald Reagan had to come out for an interview. The commerce department is required to conduct a fair and objective investigation. Don't act with anger, let alone hurt hard-working entrepreneurs.

It can be said that this is already equivalent to a statement. The Commerce Department has no choice but to hastily end the antitrust investigation of the Black Cloud Group. Bao Zixuan didn't do anything, mainly because he didn't dare to force government departments to death. This is the end of the matter, and I just hope that the U.S. Commerce Department can remember this lesson. But the business department lost so much face, how could they give up so easily. Whoever makes them uncomfortable, they will not make people comfortable, they are just waiting for the opportunity.

In fact, the counterattack against the US Department of Commerce has been brewing for a long time; but there has been no suitable opportunity. The richest man Bao did not expect that Japanese media reports could have such a big effect. It seems that there is some truth to calling reporters the uncrowned king.

Like the U.S. Department of Commerce, U.S. companies that compete with Black Cloud are also quite unhappy. Especially the local American auto giants such as General Motors and Ford; the rise of Black Cloud Auto has the greatest impact on them.

It can also compete with Japanese and European car companies before. But since Bao Zixuan entered the automotive field, the business of the two companies has plummeted.

The Black Cloud car is just too suitable for the American domestic market, as if it was tailor-made for Americans.

Before, I wanted to rely on the anti-monopoly investigation of the Black Cloud Group by the Ministry of Commerce to re-occupy the market, but in the end I found that I had to rely on myself.

General Motors is definitely the most depressed company. When they held Suzuki Group stock, the company has been tepid, and the stock price has never fluctuated much. Since the public learned that Heiyun Automobile has become a shareholder, the stock price has risen by more than 30% in just a few days. This is not to tell the world that GM's influence is not enough, at least it is far from the black cloud.

General Motors was established on September 16, 1908. Since William Durant founded the American General Motors, General Motors has produced and sold a series of brand models including Buick, Chevrolet, Cadillac, GMC and provided services around the world. The full range of models of its various brands are sold in more than 120 countries and regions around the world, including mini-cars, heavy-duty full-size trucks, compact cars and convertibles.

This is one of the largest auto companies in the United States and even the world, and no one dares to ignore his existence.

At this time, General Motors was holding a board meeting, and the company's CEO Mike Donald said to the directors: "Dear directors, it can be said that this is the most difficult period in the history of General Motors. Here I have to take the main responsibility. If everyone feels that I am not qualified to be CEO. position, I can resign."

This trick is very good for retreating, and it is even consummate. This situation is not the fault of MacDonald alone, it may be the same for anyone else. And this old boy still has some abilities, so let him do it for a while.

This is the true opinion of most directors, and it may be better for a new person to come up than him!

Seeing no one came forward to remove him, MacDonald knew he had made the right bet.

MacDonald continued: "Since the directors can continue to believe in me, I must do my best to turn the situation around."

"General Motors is currently facing a huge crisis~www.mtlnovel.com~ There are Japanese and European car companies in the external market. There is little room for the domestic market of the United States to be squeezed by Black Cloud Automobile."

"If it continues, GM may face the risk of bankruptcy. Just now, the U.S. Department of Commerce has concluded the antitrust investigation of the Black Cloud Group; it means that all problems must be solved by ourselves."

"Before the meeting, Ford Motor had contacted me. I hope our two companies can cooperate to face the pressure brought by Black Cloud Automobile."

In fact, it is a bit exaggerated to say that General Motors went bankrupt. After all, GM not only produces civilian vehicles, but also purchases a lot of military and police vehicles every year.

Without the civilian market, life may not be so moisturizing.

The directors found it inconceivable that Ford would take the initiative to unite with GM. It seems that they are being pressed, otherwise, with the competitive relationship between the two companies, it is impossible to have any intersection.

What Bao's richest man doesn't know is that some of his listings in Japan have indirectly led to the first cooperation between the two largest car companies in the United States.